Market News

US Election Excitement Boosts Polymarket Trading Volume to $533M in September

Polymarket, a blockchain-based prediction platform, saw its trading volume reach $533.51 million in September, primarily due to interest in the 2024 U.S. presidential election and geopolitical developments in the Middle ...

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Crypto Market Rebounds Despite SEC’s XRP Appeal as Crypto All-Stars ICO Experiences Continued Growth

The crypto market has made a comeback, despite the SEC’s unexpected actions in the Ripple lawsuit. Meanwhile, the new Crypto All-Stars (STARS) project is gaining momentum in its ICO due ...

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CryptoPunk NFT Sale at $56.3M Sparks Suspicion, Community Speculates Marketing Ploy

CryptoPunk 1563 was reportedly sold for 24,000 ETH, or $56.3 million, in a significant transaction on Thursday. This sale ranks among the highest-priced transactions for a CryptoPunk NFT to date. ...

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U.S. Court Reopens Case on AT&T’s $24M SIM Swap Crypto Theft

The United States Court of Appeals for the Ninth Circuit has reopened a case against AT&T, a major American telecommunications company, related to a Subscriber Identity Module (SIM) swap that ...

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Bitcoin Offers a Solution: Bank of America Experiences Customer Account Issues Due to Tech Glitch

On October 2, Bank of America experienced a major technical glitch that affected thousands of online banking customers. Problems included the inability for customers to access their accounts, online accounts ...

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Indiana Man Admits to Stealing $37M in Cryptocurrency from Almost 600 Victims

A 21-year-old man from Lebanon, Indiana, has confessed to orchestrating a significant cryptocurrency theft, stealing over $37 million from nearly 600 victims globally. Evan Frederick Light appeared in front of ...

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Gemini Exchange to Close Canadian Accounts, Users Urged to Withdraw Assets Before December 31

Crypto exchange giant Gemini is leaving Canada and announced the closure of all Canadian user accounts by December 31. In a private mail sent to its Canadian customers on Monday, ...

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South Korean Pension Fund Announces No Immediate Plans for Cryptocurrency Investments

The South Korean state pension fund has stated it has no current plans to invest in cryptoassets, despite recently purchasing crypto-related shares. According to Money Today, the National Pension Service ...

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FTX Distribution Rumors Debunked: No Immediate Payouts Despite Social Media Speculation

Rumors are circulating on crypto social media that the embattled exchange FTX will start distributing as much as $11 billion to creditors on Oct. 1. “MartyParty” told his 116,000 X ...

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Vinyl Group Announces Acquisition of UK-Based Web3 Start-up Serenade

Australian music technology company, Vinyl Group, has agreed to acquire a London-based Web3 start-up specializing in digital collectibles, Serenade. This deal will allow ASX-listed Vinyl Group to take control of ...

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