What Does PayPal Q3 Revenues Surpass Estimates Mean for Crypto?
PayPal, an online payments business, reported third-quarter net revenue of $6.85 billion, above the market’s forecast of $6.82 billion. The robust income indicates that digital payments services are continuing expanding, which may be good for cryptocurrencies. According to the company’s quarterly release, the payments industry major saw a rise in sales of 11% year over […]
Deribit Crypto Exchange Suspends Withdrawals After Hot Wallet Hack Costs It $28 Million
Deribit, a cryptocurrency options and futures market experienced a cyberattack in which $28 million from their hot wallet was stolen. Client funds have not been impacted, the business said, although withdrawals have temporarily been suspended while the exchange conducts security checks. Deribit joins a lengthy list of cryptocurrency businesses that have recently been the subject […]
Shiba Inu Anticipated to Post Its Most Monthly Gains Since 2022
Shiba Inu saw its largest monthly gains in 2022 in February, rising 20.33% for the whole month. In July, Shiba Inu sought to repeat the action and ended the month 13% higher. Given its recent price increase, it could be on track to repeat a similar action. The price of SHIB reached its highest level since […]
These Coins Will Soar If Twitter Introduces Crypto Payments
It won’t be long until Twitter starts to incorporate cryptocurrency payments into its services. The adoption of cryptocurrencies on the social media platform is more likely now than it has ever been, especially with Elon Musk in charge. It is crucial to evaluate which cryptocurrencies have the potential of appearing on Twitter payments in this […]
Binance To Assist Elon Musk With Crypto Payments On Twitter
According to Binance, the company is now investigating blockchain integration on the platform, which might be a precursor to the introduction of crypto payments. Binance announced that it is currently looking at integrating cryptocurrencies on the platform after investing $500 million in the purchase of Twitter. A spokeswoman for the cryptocurrency exchange claimed that Binance […]
Founder of Cardano Predicts Dogecoin and Twitter Merger as DOGE Flips ADA to Become 8th Biggest Crypto
Cardano founder Charles Hoskinson thinks there’s a chance that Dogecoin may converge with the social media platform in the wake of Elon Musk’s purchase of Twitter. Hoskinson announced this in a tweet, writing:”I can see a genuine potential that DOGE may somehow integrate with the platform now that Twitter is in the hands of @elonmusk.” […]
A Renowned Hacker Steals Cryptocurrency Valued At $1 Million, Including Bored Ape NFT
Over the past 24 hours, a notorious con artist known as Monkey Drainer has stolen over 700 ETH ($1 million) in non-fungible tokens (NFTs) and cryptocurrency. The information was initially made public by the well-known on-chain detective ZachXBT, who disclosed that the fraudster employed phishing to steal user cash. Additionally, he was able to […]
S Korean Government Employee Flees With $2.8 Million in Cryptocurrency.
The National Health Insurance Service (NHIS) of South Korea was robbed of $2.8 million, and it is believed that a missing government employee is on the run with the money. The suspect appears to have converted most or all of the money to cryptocurrency. According to KBS, prosecutors and police are looking for a 44-year-old NHIS […]
Google Suggestions Crypto Bear Market is Harming Ad Revenue
According to the most recent earnings call from Google’s parent company, Alphabet, the financial services sector, which includes cryptocurrencies, suffered a decline in advertising income for Google. The third quarter of this year saw a decline in Alphabet’s revenue from Google advertising, according to Philipp Schindler, SVP and CBO at Google. Notably, Google amended its […]
Cardano’s Charles Hoskinson Reveals About Something Special Come November
Charles Hoskinson, the creator of Cardano, earlier today teased the Cardano community with a major announcement. Without going into further detail, the well-known Bitcoin enthusiast believes that “something extraordinary” will happen in November. Hoskinson included an animated GIF using the tagline “Good News Everyone!” used by Professor Farnsworth from the Futurama animated television series from 1999. Anyone who talks […]
