The fake website identified by a Reddit user is luring users to perform updates on their Daedalus Wallets. In the Discord post, made under the fake Cardano Official Release account, the promoters note that it is mandatory for users to update their wallets without fail. The post has attached a fake website where users can download and upgraded the wallet. Notably, the verified Daedalus wallet website is ‘https://daedaluswallet.io‘, while the address for the fake website is ‘https://daedaluswallet....

Speaking with Scott Melker, the host of Wolf of all Streets podcast, Bloomberg senior commodity strategist Mike McGlone highlighted that the markets are way overdue for a pretty significant correction, most notably in terms of equities, but this has also been felt in the crypto market as well. Notably, McGlone thinks that this is a ‘defining moment’ for the digital asset; although there are downside risks, he believes that this is a “very good buying opportunity” for long-term investors who had left funds on the side....

The famous ‘Disaster Girl’ photo meme is the most profitable NFT under this category returning $573,000 at auction. The picture went viral showing a mischievously grinning girl in front of a burning house. Elsewhere, the Japanese ‘Nyan Cat’ meme ranks second after earning $515,817, followed by the ‘Overly Attached Girlfriend’ meme at $459,260. American internet celebrity cat dubbed ‘Grumpy Cat’ earned $100,860 in the auction, followed by ‘Bad Luck Brian’ at $45,517....

As it happens, Shiba Inu was at press time trading at the price of $0.000008861, recording a decline of 4.39% across the previous 24 hours, as it adds up to the weekly loss of 7.48% and 8.43% on the monthly chart, with a market cap of $4.87 billion, as per data retrieved on December 12. Positive developments fail to move price Notably, the decentralized finance (DeFi) asset is recording these declines despite attracting significant investor interest, demonstrated by the addition of over 7,000 holders in December and transactions over $100,000, soaring 300% in one day....

Data acquired by Finbold.com indicates that direct investments in SPACs by Sovereign Wealth Funds (SWFs) have spiked by a staggering 2,532.35% on a year-over-year (YOY) basis. In 2020 as of November 24, the investments stood at $1.79 billion. In 2019, the figure was $68 million, an increase of 240% from the 2018 investment of $20 million. In 2017, the investment was at $50 million. The research also overviewed the top ten largest sovereign wealth funds by total assets....

As the price of the token dropped, the proprietors of the Squid Game group, which has over 90,000 members, left this statement on their Telegram channel. The price per individual token is now $0.005506, falling 99.98% in 5 minutes on November 1, 2021. It appears unknown scam artists behind the cryptocurrency called Squid Game have officially yanked the rug out from under the project, running away with the funds trapped inside....

Crypto Quant has reported that the amount of stablecoins, or dollar-pegged digital currencies, now held on exchanges has topped an all-time high of $10 billion. This could be bullish for Bitcoin and crypto markets in general if they’re seen as being moved and stored in preparation to buy more assets. Bitcoin whales holding on, stablecoins surge During last week’s market correction Ki Young Ju, CEO of Crypto Quant, noted that when Bitcoin is moved to exchanges, it often signals the opposite that investors and crypto traders are preparing to sell....

Major indices in the United Stated made minor gains towards the end of the week though markets are still at their lowest levels since July. S&P 500, Nasdaq, and Dow futures rose late on Thursday, with the S&P 500 managing a 0.3% climb, the Nasdaq Composite advancing 0.4%, and the Dow Jones Industrial Average just 0.2%. Stock markets still correcting Economic woes continue to hamper recovery in the U.S. and unemployment claims were again higher than analyst predictions at 870,000 for the week ending Sept....

Each of the three major indices logged a third straight day of losses Thursday. The S&P 500 slid marginally to 3,476 and the Nasdaq Composite dropped over 0.5% to 11,713. The Dow Jones Industrial Average dropped almost 20 points on Thursday in a fall below 28,500. Chief investment officer of global wealth management at UBS, Mark Haefele, commented; According to CNBC’s “Squawk Box” Treasury Secretary Steven Mnuchin stated that he, along with the President, were committed to getting a stimulus deal done, but acknowledged that this would be hard to achieve before the election....

Namely, a new study carried out by CMC Markets and shared with Finbold, highlighted the most popular stocks across the above two platforms based on TikTok viewing numbers and Instagram posts focused on stocks. The study showed that Tesla (NASDAQ: TSLA) is the most popular stock on social media, with 45.4 million views on TikTok, along with 28,391 Instagram posts hashtagged with #TeslaStock. In addition, another study by the same provider found that Tesla was Europe’s most Googled stock in the last month....

It was already known that Bill Gates had a short position of $500 million, but Elon Musk stated in a series of tweets on Friday, May 28, that the amount had now risen to between $1.5 and $2 billion. Musk also tweeted that he has confronted Gates on the short position he holds in TSLA, while the shares have lost over 15% month-to-date. The debate on the valuation of Tesla will be a point of contention between the bulls and the bears for some time to come as the market cap at the time of writing stands at $786 billion....

Tether, through its 2022 Q1 quarterly assurance opinion, stated on May 19 that the company’s current reserves are characterised by more consolidated assets than liabilities. The opinion also claimed that the reserves had recorded a drop in commercial paper investments alongside an increase in U.S. treasury bills. Concerns about Tether’s reserves accelerated after it emerged that investors withdrew over $7 billion following USDT’s brief drop below the dollar peg....

After reaching all-time highs in 2020, daily and monthly trading volumes of the world’s leading cryptocurrencies set a new record this year. According to the report presented by Block Arabia, Tether, as the world’s most widely used cryptocurrency, hit $2.3 trillion in monthly trading volume, almost double than Bitcoin and 2.5 times more than Ethereum. Daily trading volume Jumps five times in a year With a monthly trading volume 95% higher than that of Bitcoin, Tether, without a doubt, represents the most important coin in the global crypto market....

The majority will be wrestling with confusion, no hope, and negativity. Some of this will have been influenced by family life, the experience of friends and acquaintances, and school life in general. It will be difficult to overturn. School life, particularly for pupils in their final two years, can be a wrecking ball. Eight lessons each day, possibly more, at least two if not three hours of homework that is not coordinated by the school leading to overload on Tuesdays and poorly performing pupils on Wednesday, endless testing, and for most students, at least two or three late afternoons attending another education institute be it for music, art, drama, or sport....

Indeed, Canada’s top cannabis supplier since April 2021 has increased its market share consecutively each month. Shares soared, and other marijuana firms followed suit as the cannabis company released its first financial update since merging with rival Aphria in May. On Wednesday, the stock increased by 25.77% to $16.01. The stock is now trading above its 20 and 200 simple moving averages (SMA), as well as slightly below its 50-day SMA....

Speaking before the Turkish parliament, Ağbal notes that the currency’s practical tests would begin next year. He states that: The announcement comes barely three months after CBRT advertised openings inviting ten digital asset experts to join the General Directorate of Financial Innovation. The interviews covered blockchain, big data, cryptography, virtualization, financial mathematics, and signal processing. Turkey is now part of a growing faction of the global central banks to announce tests into CBDCs....

Maturation seen in the solar industry has made them a focal point for addressing climate change while this transition has been followed by various government subsidies and stimulus packages. On the other hand, the war in Ukraine has prompted Europe to scramble to replace Russian gas which in turn, increased the prices of energy globally. With such a backdrop a good setup has been created for investing in solar energy as the world slowly moves away from fossil fuels....

According to Frank Holmes, CEO of investment firm U.S. Global Investors, the threshold price below which Bitcoin miners could halt their operations is $12,000, as this is the break-even when they become unprofitable, he said in an interview with the finance media outlet Benzinga streamed on October 19. Machines stop at $12,000? Holmes, who earlier this year projected that Bitcoin could outperform gold thanks to millennials’ involvement, challenging the precious metal’s status as a store of value, opined that: Meanwhile, the flagship digital asset’s price at press time stood at $19,139, recording a drop of 0....

In a press statement published on August 17, the Digital Financial Market Infrastructure (DFMI), otherwise known as the Digital FMI Consortium comprising a group of private-sector companies will carry out the test using the BoE’s pilot sterling-backed coin, the Digital Sterling (dSterling). According to the group, the trials seek to explore real-world testing to evaluate the future of the cryptocurrency ecosystem, environment, and economy. Test to determine co-existence of different currencies In particular, the test also aims to determine the co-existence of current forms of money, regulated cryptocurrencies, and stablecoins alongside Central Bank Digital Currencies (CBDC)....

Despite being six months late and with no updates on the project, insiders have indicated that Mr. Sunak’s NFT plan has not been scrapped – even though he is now Prime Minister, according to a report by inews on October 27. Non-fungible tokens, also known as NFTs, are digital representations of works of art that use blockchain technology. In April, while Mr. Sunak was still acting as chancellor, he announced that the Treasury would be jumping on the then-popular NFT trend, which saw a number of corporations and celebrities produce collections of crypto-art....