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According to BNB Chain, MetaMask was averaging recommended fees from multiple networks, causing opBNB recommended fees to be too high. A " glitch " in MetaMask that caused it to overestimate opBNB gas fees has now been fixed, according to a social media post from BNB Chain. Many users pay the default recommended fee displayed in their wallets, so a misestimation can cause users to overpay. Together with our friends at @MetaMask, we've resolved a glitch that made it seem like opBNB's gas fees were unusually high. Now, you can enjoy the true benefits of opBNB: fast, cheap, and secure transactions. Here's how it happened: [1/7] — BNB Chain (@BNBCHAIN) September 25, 2023 opBNB is an optimistic rollup layer-2 of Ethereum. It was launched on Sept. 13 and was developed by the team that created BNB Chain. According to the team, they discovered recently that “Metamask had set a default minimum recommendation price for gas based on the average of all networks.” This w...

XRP is currently trading at $0.49 and has been mostly on the back foot in the last 30 days. It failed to rally despite winning the lawsuit against the SEC, where the judge ruled that XRP is not a security. The cryptocurrency hit a high of $0.80 after the verdict but relentlessly dipped in the charts thereon. However, several analysts predict that XRP is capable of reaching four figures in the long run as Ripple will provide blockchain support for CBDC currency across the world. Also Read: Shiba Inu Forecasted To Delete 2 ‘Zeroes’, Spike 1,500% & Hit $0.0001 XRP/USD Chart by TradingView While the predictions are extremely ambitious, reaching $1,000 and above seems like wishful thinking. The bear markets are having a strong grip worldwide, leaving both stocks and cryptocurrencies gasping for breath in the indices. Considering the best-case scenario, let’s take XRP reaching the benchmark of $3.40, its all-time high when it reached it in January 2018. In this article, we will...

Upbit identified a $3.4B inflow in counterfeit APT tokens dubbed “ClaimAPTGift.com” Definalist unveiled a failure to check the type of arguments when the scam occurred. In the wake of the breach, Upbit suspended transactions but later resumed them. In a dramatic unfolding of events, the crypto market, often thrashed by exploitation and security breaches, recently shook the community with a massive fraudulent deposit incident. On September 21, the South Korean crypto exchange Upbit identified a staggering $3.4 billion in counterfeit APT tokens dubbed “ClaimAPTGift.com” deposited in the exchange’s 400,000 Aptos wallets.  An X (formerly Twitter) account run by a group of South Korean crypto traders, named ‘Definalist’ shared a post about the “huge and foolish incident.” Unveiling the hacker’s tactics, Definalist asserted that the scam occurred because “there was a failure to check the type arguments and all the same functions transfers were recog...

A whirlwind of price fluctuations, breakthroughs, and transformative developments shape the crypto landscape. One such development has been the recent struggles of Litecoin (LTC) juxtaposed with the promising potential of InQubeta ($QUBE). While the LTC charts forecast a potentially tricky path ahead, all eyes are on the new ICO, QUBE, which is gearing up for a possible 6000% surge . InQubeta ($QUBE): the AI investment revolution Before diving deep into the Litecoin narrative, it’s crucial to introduce one of the best ICOs in 2023: InQubeta. This crowdfunding platform is setting the stage to change how we view AI-driven investment opportunities. The ethos behind InQubeta revolves around democratizing access to AI startup investments, a field historically dominated by big players. With an intention to transform the landscape and make it accessible to everyday investors, InQubeta is gearing up to be more than just another good crypto to buy; it’s...

Bob Injective shares insights on the current performance of the Injective Token, following the inEVM launch. The launch had little impact on investor sentiment but triggered a momentary hike in the social dominance metric. The current price of INJ represents a 500% premium from its lowest price in 2023. The Injective blockchain’s INJ token has been capturing broader recognition, as the platform continues to create waves in the crypto space with its development activities. The latest of the series of events is the launch of inEVM, the first-ever Ethereum Virtual Machine facilitating interoperability with Cosmos and Solana. Bob Injective, a popular figure in the Injective ecosystem recently took to X (formerly Twitter) to share insights on the current state of the INJ token amidst the development activities. As per their Analysis , Injective has emerged as “one of the best gainers within the last two weeks”, in light of the substantial spike in the token’s pric...

81 fresh wallets created on Binance exchanges embarked on a LINK withdrawal spree. The new wallets withdrew 4.7 million LINK, equivalent to $31.58 million over a few days. Lookonchain suspected an ongoing whale accumulation upon noticing the unusual withdrawals. According to Lookonchain, the smartmoney on-chain analytics platform, 81 newly-created wallets on the Binance exchange embarked on a LINK withdrawal spree from September 18, 2023. At the time of Lookonchain’s post on the X app, the wallets had withdrawn 4.7 million LINK, equivalent to $31.58 million from the Binance exchange. There are a total of 81 fresh wallets created on Sept 15 started withdrawing $LINK from #Binance on Sept 18. And these wallets have withdrawn a total of 4.7M $LINK ($31.58M) from #Binance so far. Details: https://t.co/hSdkoncNgZhttps://t.co/AzUM8VleQQ pic.twitter.com/4IxdSHtv6C — Lookonchain (@lookonchain) September 22, 2023 On September 19, Lookonchain suspected an on...

Bitmain will invest $53.9 million in the bankrupt Bitcoin mining company, Core Scientific. The agreement is a combination of equity and cash to finance the purchase of efficient Bitcoin mining equipment. Core Scientific’s CEO said the agreement would prepare them for Bitcoin’s upcoming halving event. Bitmain, a prominent leading manufacturer of digital currency mining servers, announced that it will invest $53.9 million in the bankrupt Bitcoin mining company, Core Scientific. Bitmain announced that it will supply Bankrupt Bitcoin Mining Company Core Scientific with 27,000 Bitmain S19J XP 151 TH rigs in exchange for $23.1 million in cash and $53.9 million in Core Scientific common stock. Bitmain has executed a new hosting agreement with Core… — Wu Blockchain (@WuBlockchain) September 22, 2023 The two companies have agreed on a combination of equity and cash to finance the purchase of efficient Bitcoin mining equipment. Bitmain plans to supply ...

Cryptocurrency exchange giant Binance found itself amid a storm when one of its wallets spent a staggering 530 Ether, equivalent to approximately £750 ,000, in Ethereum gas fees in a single day. This unexpected expense sent shockwaves through the crypto community, leading to a flurry of opinions and questions about the exchange’s fee-setting processes, technology, and overall commitment to safeguarding user funds. A Costly Day for Binance On September 21, gas fees on the Ethereum network experienced an extraordinary surge, skyrocketing from a minimum of 6 gwei (roughly £0.17) to a staggering 332 gwei (around £11.20) per transaction. The sudden spike in gas prices was directly linked to a Binance wallet identified as “Binance 14.” This wallet, associated with the cryptocurrency trading platform, incurred a jaw-dropping £750 ,000 in gas fees within 24 hours. Community Reaction Unsurprisingly, the crypto community had mixed reactions to this extra...

“What if ChatGPT could deploy its own token?” You probably guessed the answer - AstroPepeX has been minted and is being traded on a handful of DeFi and centralized exchanges. An Ethereum developer has managed to get ChatGPT to launch its own ERC-20 token, AstroPepeX, modeled off data from the top traded tokens on Uniswap. X (previously Twitter) user CroissantETH unpacked details of how they integrated ChatGPT into a custom application using OpenAI’s API. They told it to design and issue its own ERC-20 token with an estimated market cap of $3.5 million. Data from Etherscan reveals that there are now over 2,300 APX holders that have carried out over 17,700 transactions since the token mint on Sept. 20. What if ChatGPT could deploy its own token? Surely this shouldn't be possible, right? pic.twitter.com/Wz5OvakwxC — ‍.eth (@CroissantEth) September 19, 2023 The developer managed to get ChatGPT to be able to deploy smart contracts on the Ethereum network after feeding it data ...

Although cryptocurrencies like Bitcoin (BTC) have existed for nearly 15 years now, the idea of their existence was born long before, as evident from the statements made by the late Nobel Prize-winning economist Milton Friedman in an interview published 30 years ago. Specifically, Friedman, who won the 1976 Nobel Memorial Prize in Economic Sciences for research on consumption analysis, monetary history and theory, and the complexity of stabilization policy, praised the invention of the internet back in 1993 in a video shared by the X user DocumentingBTC on September 21. Nobel Prize winning economist Milton Friedman predicted #bitcoin 30 years ago.pic.twitter.com/rLRmXSlBqq — Documenting ₿itcoin (@DocumentingBTC) September 21, 2023 As it happens, crypto analyst Dennis Parker originally shared the video back on February 3, 2018, when the interview itself was about 25 years old. As the famous economist explained at the time: “The internet is going to make it very diffic...

Binance’s CEO, Changpeng Zhao, issued a cautionary statement, advising people to be cautious when using DEX. Balancer reported that its front end was under attack and urged users not to interact with the user interface. This is the second attack on Balancer in less than a month, with losses estimated at over $238,000 in this latest breach. In light of the recent attack on Balancer, an Ethereum-based decentralized finance protocol, Binance’s CEO Changpeng Zhao shared that people should exercise caution when using decentralized exchanges (DEX). Exercise caution when using DEX, or crypto in general. Stay #SAFU. https://t.co/Uf1l90w1Dz — CZ Binance (@cz_binance) September 20, 2023 Balancer shared on X (formerly Twitter) that its front end is under attack and is currently under investigation. Moreover, they added that users shouldn’t interact with the user interface until further notice. Zhao added to this tweet and warned people when using ...

Grayscale debuted its first two Ethereum futures contracts in 2021, and is now planning to launch the new Grayscale Ethereum Futures Trust ETF. Digital currency investment company Grayscale is the latest firm to file for a new Ethereum futures’ exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC). Grayscale on Sept. 19 officially proposed to list and trade shares of the Grayscale Ethereum Futures Trust (ETH) ETF under the New York Stock Exchange (NYSE) Arca Rule 8.200-E. The proposal is pursuant to the provisions of the Securities Exchange Act of 1934 and rule change submitted by NYSE to the SEC. The ETF is managed by Grayscale Advisors, also referred to as the “sponsor” in the filing. “The Sponsor is in the process of becoming registered as a commodity pool operator with the Commodity Futures Trading Commission and is in the process of becoming a member of the National Futures Association,” the document reads. It also states that Grayscale Advisors has engaged...

Base is seeing strong inflows in its ecosystem as demand rises. The total value locked (TVL) has surged to over $420 million. Aerodrome has seen inflows in its ecosystem soar. Base, the recently launched layer-2 network, is seeing strong traction even as the crypto winter continues. On- chain data shows that the amount of cash deposited in Base’s ecosystems has jumped. Data by DeFi Llama shows that the total value locked (TVL) in its ecosystem surged to over $420 million, making it the 10th biggest chain in the world. It has become bigger than some of the oldest chain s like Cronos, Kava, Klaytn,  Cardano , Fantom, and Algorand. Base has attracted over  100 DeFi applications . Aerodrome, the biggest dApp in its ecosystem, stands at over $121 million. The other important DeFi applications in the ecosystem are friend.tech, Compoind, Curve DEX, Stargate, and Beefy. For starters, Base is a layer-2 network that makes it possible for dev...

Coinbase is launching a comprehensive paid media campaign to urge crypto users to contact their members of Congress to address the need for regulatory clarity of the crypto industry. As part of this campaign , the second-largest crypto exchange is also organizing a fly-in on Sept. 27 to bring executives and developers from different crypto companies to meet staff and lawmakers on Capitol Hill. Down to the roots As stated in Reuters, the grassroots advocacy campaign  seeks to advance a bill that would define when a cryptocurrency is a security or a commodity. This bill was advance d by a congressional committee back in July but has yet to receive a full vote in the U.S. House of Representatives. You might also like: Coinbase, Sino and Libra launch a $60m crypto fund Pushing against the SEC Part of the motivation behind this campaign is said to stem from the U.S. Security and Exchange Commission’s crackdown on the crypto industry, which started with the age...

Key takeaways The UK House of Lords has passed a bill to seize stolen cryptocurrencies. The bill targets monetary proceeds from fraud or other financial crimes. The UK government could seize stolen cryptocurrencies A bill that seeks to expand the ability of UK authorities to target illicit cryptocurrency usage has been passed for approval by the House of Lords.  The bill, dubbed the Economic Crime and Corporate Transparency Bill, was introduced a year ago. The bill seeks to tackle crypto-related financial crimes. Since the introduction of the bill, it has gone from the House of Commons to the House of Lords and is now at the final stage of approval.  Per the bill, the authorities will target monetary proceeds from fraud or other financial crimes. Furthermore, the bill also seeks to introduce provisions for corporate transparency and overseas business registrations. Now that the bill is at its final stage , the House of Commons will vote to a...

Amid a crypto downturn, startup Bastion successfully garners $25 million in a funding round spearheaded by a16z crypto, aiming to ease blockchain use for conventional businesses. Bastion, a startup supported by Andreessen Horowitz’s crypto arm, a16z crypto, emerges from stealth mode. Co-founded by Riyaz Faizullabhoy and Nassim Eddequiouaq — former chief technology and chief security officers at Andreessen Horowitz’s crypto division — Bastion recently raised $25 million in a funding round . 1/ After months of building in stealth mode, we are ready to introduce ourselves and announce our $25M fundraise led by @a16zcrypto. We are Bastion, and we are here to help brands and businesses build a digital world that people actually want to live in pic.twitter.com/mZPCxo1yRl — Bastion (@BastionPlatform) September 18, 2023 Notably, this fundraising comes amidst a bear market for digital assets. “It was clear that even as crypto came back down into another bear market, this ti...

Paolo Ardoino, chief technology officer of Tether, announced the launch of the testing phase for Moria, the company’s Bitcoin mining platform. In a posting on X (formerly Twitter), Ardoino declared the platform has achieved a significant milestone during this phase by deploying its initial batch of containers and miners, including extended control over PDU management and miner interaction. A commitment to security Testing @Tether_to Moria #bitcoin mining platform with first containers and miners. All PDU management, interaction with miners (set frequency, power, etc) is now fully controlled by the software. All write actions require multisig approval. All P2P. Perfect for #IoT . It's… — Paolo Ardoino (@paoloardoino) September 16, 2023 In an email shared with crypto.news, Tether stressed its commitment to robust security protocols by highlighting that all write actions will require multi-signature approval. At the same time, the company noted that its system w...

Hong Kong -based crypto platform JPEX has reportedly suspended trading and seen one person connected to it arrested after an investigation determined that it has been operating in the country without a license, reports CoinDesk. The Hong Kong Securities and Futures Commission (SFC), which carried out the probe, also claimed that it has received numerous complaints about the exchange. As a result of the investigation and subsequent action, JPEX says it’s delisting all transactions on its Earn Trading interface and ensuring ongoing orders. It also says that it will “gradually adjust the withdrawal fees back to normal levels,” and is even considering restructuring as a Decentralized Autonomous Organization (DAO). In a blog post published Monday, the exchange said: “Recently, due to the unfair treatment by relevant institutions in Hong Kong towards JPEX , a crypto currency trading platform, and a series of negative news, our partnered third-party market makers have maliciously froz...

Whale Analysis noted in an X post today that BTC was able to break above $26,228 over the past 24 hours. The analysis page warned that BTC could drop to back within the $25K region if BTC breaks below the 20-day EMA line. At press time, the 9-day EMA line was attempting to bullishly cross above the 20-day EMA line. The cryptocurrency Analysis and trading page Whale Analysis highlighted in an X post earlier today that Bitcoin (BTC) was able to break through the major resistance level at $26,228 over the past 24 hours. In the post, the page added that the next threshold that BTC will need to overcome is $27,400. BITCOIN UPDATE #BTC has broken through its crucial resistance at $26,228 and is currently trading at $26,550. The next major resistance is at $27,400, and it's the same price where we have set our TP2. If it fails to hold the 20-day EMA support level, it can revisit the… pic.twitter.com/9kd7wDhs2r — Whale Analysis (@Whaleanalysis) September ...

Atari founder Nolan K. Bushnell laid out important changes driving Web3 gaming adoption. He revealed that e-sports platform Moxy plans to enter Asian gaming via Hong Kong. Bushnell refers to Moxy as “the best gaming hangout.” E-sport platform Moxy’s Chief Knowledge Officer, Nolan K. Bushnell, and the founder of the major console game company, Atari, is bullish on Web3 gaming. However, he argues that play-to-earn games are the reason behind gamer’s “disdain” for crypto. Bushnell revealed back in August that the Web3 gaming platform is exploring Hong Kong for its entry into the Asian market. Consequently, Bushnell, along with Animoca Brands Co-Founder Yat Siu, ConsenSys Head of International Expansion Laura Shi, and Cognitive Systems Lab Founder Eberhard Schoneburg, spoke about the future of gaming at a conference organized by Cyberport Hong Kong. Stay tuned for the #DELF2023 keynote with @NolanBushnell and @Ysiu! Thank you for having us into the office @A...

Injective Protocol’s INJ coin soars 450% in 2023, hinting at further gains. Whales accumulate INJ tokens, signaling confidence in the market. Bitkumb listing fuels INJ’s surge, setting the stage for a bullish rally. The crypto market has seen numerous contenders rise and fall, but Injective Protocol’s native coin, INJ, has taken 2023 by storm. This interoperable DeFi platform has seen an impressive 450% surge year-to-date. Even after experiencing a slight pullback from its July high of $9.92, the bullish momentum seems poised to continue. Whales Dive into the Injective Pool In a significant development last month, some of the richest addresses in the Injective Protocol began accumulating INJ tokens. Even as the price maintained a relatively stable range, there was a noticeable shift in INJ holdings. The supply in addresses with a balance between 10 million to 100 million tokens jumped from 74% to over 80%. This move suggests that the ...