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Long and short positions, explained

Long positions involve buying assets to profit from price increases, while short positions entail selling borrowed crypto, aiming to repurchase it cheaper for profit.

Elon Musk's X platform faces backlash over XRP account suspension

Crypto Eri, a prominent figure in crypto, contacted Elon Musk on X, seeking clarification about the account suspension.

September sets 2023 exploit record, and DAOs can democratize science: Finance Redefined

September was the biggest exploit month in DeFi, with over $300 million in losses, taking the crown from August.

Latest from Web3 gaming: Gaming Demo Day with Cointelegraph Accelerator, Animoca Brands, BGA, Metaera, Cipholio and Sandbox

Cointelegraph Accelerator, Animoca Brands, BGA, Metaera, Cipholio and Sandbox the second Gaming Demo Day to showcase seven new projects from the Web3 gaming space.

3AC fugitives in disarray as OPNX faces new peril: Asia Express

3AC co-founder Su Zhu was arrested in Singapore, leaving several disgraced blockchain executives’ entrepreneurial ventures in disarray.

ConsenSys exec on MetaMask Snaps security: 'consent is king’

ConsenSys head of developer community Francesco Andreoli explained that users could get more transaction insights through MetaMask Snaps.

First Look: Art gallery in Dubai to educate artists on NFTs, Web3

37xDubai founder Danilo Carlucci said the gallery uses NFTs based on the Tree of Life art display as its membership token.

OKX exec says KYC will ‘raise the bar,’ bring real capital into crypto: Blockchain Economy Dubai 2023

Lennix Lai, OKX’s global chief commercial officer, told Cointelegraph that bringing traditional finance investors into the space would require raising compliance standards.

THORSwap goes into 'maintenance mode' to counter illicit funds movement

THORSwap acknowledged the ongoing illicit use of the DEX and are acting to find a permanent block to the misuse.

SocialFi app Stars Arena dispels ‘coordinated FUD' after patching ‘noob’ vulnerability

A fault in the Stars Arena price function allowed hackers to escape with roughly $2,000, however the vulnerability has since been patched.

Friend.tech copycat StarsArena patches exploit after some funds were drained

StarsArena announced that attackers were draining funds through a loophole, but the contract has been patched to prevent further damage.

Nearly half of crypto users invest to boost living standards: Report

A survey from crypto exchange Bitget featured more than 1,500 respondents across 20 countries.

Crypto VC funding falls to 3-year lows as market rout continues

Venture capitalists are doing fewer deals and the average deal size is getting much smaller, according to researchers.

Friend.tech offers login removal solutions after SIM-swap reports

Friend.tech has enabled features for users to add and remove login methods on personal accounts after SIM-swaps gave hackers access to personal user information.

Pioneering generative artist propelled by personal tragedy — Matt Kane, NFT Creator 

American artist Matt Kane codes a lunar calendar onto the blockchain, inspired by cavemen during prehistoric times.

Kraken set to acquire Dutch exchange BCM, eyes European expansion

Kraken is set to acquire the Netherlands-based cryptocurrency platform as part of its European expansion plans.

Wirex taps ZK-proofs for non-custodial crypto debit card issuance

Wirex first launched its crypto debit card in 2015 and currently claims over six million customers.

Sam Bankman-Fried inner circle to testify today

The trial of Sam Bankman-Fried reaches its third day in New York, with Adam Yedidia and Gary Wang to appear as witnesses.

Blockchain key to verifying authenticity of real-world media - Nodle

As AI capabilities continue to evolve, proving the authenticity of real-world images, video and content could hinge on blockchain solutions.

FTX exploiter moves $36.8M in Ether as Sam Bankman-Fried trial starts

While the exploiter initially held 175,496 ETH ($294 million), the current balance in their portfolio has come down to $196.014 million after a series of transfers.

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