Blockchain and Crypto News

Don’t miss real-time updates

Decentral Block Post

Access real-time blockchain and cryptocurrency news updates from around the globe.

Unibot contract $560K exploit crashes token price by more than 40%

A new contract deployed on Oct. 29 by Unibot, a popular Telegram bot used to snipe trades on the decentralized exchange Uniswap, was reportedly exploited for roughly $560,000 in various memecoins from users.

On Oct. 31, blockchain analytics firm Scopescan alerted Unibot users about an ongoing hack on Unibot that went undetected. An exploit on a newly deployed contract by Unibot drained the crypto holdings of several users.

Unibot later confirmed the hack by revealing initial details:

“We experienced a token approval exploit from our new router and have paused our router to contain the issue.”

Amid ongoing investigations from Unibot and blockchain investigators, Scopescan advised users to revoke the approvals for the exploited contract (0x126c9FbaB3A2FCA24eDfd17322E71a5e36E91865) and move the funds to a new wallet.


Unibot contract $560K exploit crashes token price by more than 40%

Amid ongoing investigations from Unibot and blockchain investigators, Scopescan advised users to revoke the approvals for the exploited contract and move the funds to a new wallet.

Bitcoin white paper turns 15 as Satoshi Nakamoto’s legacy lives on

“I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party,” Satoshi wrote in an Oct. 31 email in 2008.

Are Bitcoin ETFs headed for one epic Gensler ‘rugpull?’ Analysts weigh in

While unlikely, Bloomberg’s ETF analysts conceded there’s always a possibility that SEC Chair Gary Gensler could be waiting until the last moment to deny the flurry of pending spot Bitcoin ETF applications.

Are Bitcoin ETFs headed for one epic Gensler ‘rugpull?’ Analysts weigh in

While unlikely, Bloomberg’s ETF analysts conceded there’s always a possibility that SEC Chair Gary Gensler could be waiting until the last moment to deny the flurry of pending spot Bitcoin ETF applications.

Do Kwon and Terraform Labs ask judge to toss SEC’s lawsuit

Do Kwon, the co-founder of the now-collapsed Terra ecosystem, maintains he and his firm did not skirt U.S. securities laws.

‘I don’t own Bitcoin, but I should’ — Legendary investor Druckenmiller

Veteran investor Stanley Druckenmiller praised Bitcoin for establishing its own “brand” during an interview with hedge fund manager Paul Tudor Jones.

‘I don’t own Bitcoin, but I should’ — Legendary investor Druckenmiller

Veteran investor Stanley Druckenmiller praised Bitcoin for establishing its own “brand” during an interview with hedge fund manager Paul Tudor Jones.

Bitcoin options data highlights traders’ belief in further BTC price upside

Open interest on Bitcoin options recently hit a year-to-date high, but what is fueling this newfound bullish sentiment?

Crypto funds see largest weekly inflows in more than a year: CoinShares

Crypto exchange-traded products saw $326 million in inflows during the week ending Oct. 27, according to a report from CoinShares.

Crypto funds see largest weekly inflows in more than a year: CoinShares

Crypto exchange-traded products saw $326 million in inflows during the week ending Oct. 27, according to a report from CoinShares.

Crypto funds see largest weekly inflows in more than a year: CoinShares

Crypto exchange-traded products saw $326 million in inflows during the week ending Oct. 27, according to a report from CoinShares.

SBF claims innocence, contradicts other witnesses: Law Decoded

Sam Bankman-Fried was the final witness to take the stand after more than three weeks of testimonies in court.

Terraform co-founder Shin blames protocol for collapse during trial in S. Korea

Daniel Shin claimed he and Do Kwon parted ways before the collapse of the Terra/Luna ecosystem was imminent and that he had nothing to do with it.

Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

Bitcoin (BTC) price climbed by 15% last week and 10.45% the week before. The S&P 500 Index dropped 2.53% last week and 2.39% the week before. This shows that Bitcoin has decoupled from the S&P 500 Index in the short term and may chart its own course.

However, the path higher may not be easy. The Federal Open Market Committee’s meeting on Nov. 1 may cause some volatility, but it will li be short-lived as no surprises are expected. CME’s FedWatch Tool projects a 98% probability that rates will remain unchanged.

Daily cryptocurrency market performance. Source: Coin360

A large part of the gains in Bitcoin have been fuelled by expectations that the United States Securities and Exchange Commission will approve a spot Bitcoin exchange-traded fund in the near future. Any adverse news in this regard may prove to be a major setback for the bulls. When traders start chasing prices higher, it increases the risk of a short-term pullback.

What are the important support levels on Bitcoin and altcoins that need to hold for the sentiment to remain bullish? Let’s analyze the charts to find out.

S&P 500 Index price analysis

The S&P 500 Index (SPX) remains in a strong downtrend. The price is close to the strong support zone between 4,050 and 4,100.

image

Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

Bitcoin’s reluctance to give up ground has attracted strong buying in select altcoins.

Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

Bitcoin’s reluctance to give up ground has attracted strong buying in select altcoins.

Avalanche blockchain explorer to shut down as Etherscan fees draw controversy

Annual subscription fees for Etherscan's EaaS service has reportedly grown to $2 million per year.

Bitcoin’s bull move might not be over yet — Here are 3 reasons why

Bitcoin options market positioning and BTC’s daily chart suggest another bull move could be in the making.

Small Islands, big problems: Can Bitcoin fix this? Cointelegraph Cape Verde video

A small island nation in the Atlantic Ocean grapples with a cash economy influenced by tourism, remittances and limited resources. Can Bitcoin help?

Image