Coinbase Officially Launches Crypto Services In Canada
Crypto exchange Coinbase has announced the expansion of its services to Canadian citizens, strengthening its already outstanding stronghold on the North American market.
For its newly unveiled subscription service, Coinbase One, the exchange will waive membership fees for Canadian nationals for the first 30 days in an effort to onboard new users.
Coinbase Lands In CanadaCoinbase is making waves in Canada amid a promising local crypto regulatory climate.
Coinbase’s Canadian users are primed to enjoy a seamless transaction experience, thanks to an integration of Interac payment rails in partnership with local financial services firm Peoples Trust Company — which is part of Peoples Group.
Crypto exchange Coinbase has announced the expansion of its services to Canadian citizens, strengthening its already outstanding stronghold on the North American market.
For its newly unveiled subscription service, Coinbase One, the exchange will waive membership fees for Canadian nationals for the first 30 days in an effort to onboard new users.
Coinbase Lands In CanadaCoinbase is making waves in Canada amid a promising local crypto regulatory climate.
Coinbase’s Canadian users are primed to enjoy a seamless transaction experience, thanks to an integration of Interac payment rails in partnership with local financial services firm Peoples Trust Company — which is part of Peoples Group.
US Deficit Expected To Shatter $1,700,000,000,000 This Year – 13% Higher Than Previous Estimate: CBO
The Congressional Budget Office (CBO) is revising its projections for this year’s US budget deficit, saying it will be significantly higher than previous estimates.
In a new report, the agency says it now projects government expenditures will outpace revenues to the tune of $1.7 trillion in 2023.
“On the basis of its estimate of the deficit through July and preliminary estimates of revenues and outlays in August and September, CBO now expects that the total deficit for 2023 will be $1.7 trillion, or about $200 billion larger than the estimate it published in May.”
The Congressional Budget Office (CBO) is revising its projections for this year’s US budget deficit, saying it will be significantly higher than previous estimates.
In a new report, the agency says it now projects government expenditures will outpace revenues to the tune of $1.7 trillion in 2023.
“On the basis of its estimate of the deficit through July and preliminary estimates of revenues and outlays in August and September, CBO now expects that the total deficit for 2023 will be $1.7 trillion, or about $200 billion larger than the estimate it published in May.”
Hackers Steal $4.4 Million From 25 Users of Lastpass Password Management App
Digital assets worth approximately $4.4 million were reportedly stolen from more than 80 addresses belonging to 25 users of the password management app Lastpass. Crypto theft investigator Zachxbt has urged crypto asset holders using the password manager to consider removing their keys and passphrases from the app.
More Than 80 Addresses CompromisedAccording to the online crypto theft investigator Zachxbt, approximately $4.4 million was stolen from more than 25 individuals using the password manager app Lastpass. The theft, which is said to have occurred on Oct.25, is suspected to be the work of a single threat actor. At the time of writing, more than 80 distinct addresses were compromised.
An analysis of the breach published on Chainabuse suggests that the theft may be “related to a larger case that dates back to at least December 2022.” As previously reported by Bitcoin.com News, the password management app’s cloud-based storage environment was breached in August 2022 but Lastpass only confirmed this on Dec. 22, 2022.
Digital assets worth approximately $4.4 million were reportedly stolen from more than 80 addresses belonging to 25 users of the password management app Lastpass. Crypto theft investigator Zachxbt has urged crypto asset holders using the password manager to consider removing their keys and passphrases from the app.
More Than 80 Addresses CompromisedAccording to the online crypto theft investigator Zachxbt, approximately $4.4 million was stolen from more than 25 individuals using the password manager app Lastpass. The theft, which is said to have occurred on Oct.25, is suspected to be the work of a single threat actor. At the time of writing, more than 80 distinct addresses were compromised.
An analysis of the breach published on Chainabuse suggests that the theft may be “related to a larger case that dates back to at least December 2022.” As previously reported by Bitcoin.com News, the password management app’s cloud-based storage environment was breached in August 2022 but Lastpass only confirmed this on Dec. 22, 2022.
Countdown to the World Blockchain Summit Dubai 2023 Begins!
Dubai is paving the way for a Web3 future by implementing a robust regulatory framework for digital assets and offering commercial licenses for Web3 projects.
DUBAI, United Arab Emirates, October 29, 2023 — The countdown has begun as the World Blockchain Summit returns, scheduled for November 1st-2nd, 2023, at the Address Dubai Marina, hosted by Trescon. This highly anticipated summit is set to become a major focal point for global web3 and blockchain innovators to take note of the region’s efforts towards a web3-driven future.
Dubai is paving the way for a Web3 future by implementing a robust regulatory framework for digital assets and offering commercial licenses for Web3 projects.
DUBAI, United Arab Emirates, October 29, 2023 — The countdown has begun as the World Blockchain Summit returns, scheduled for November 1st-2nd, 2023, at the Address Dubai Marina, hosted by Trescon. This highly anticipated summit is set to become a major focal point for global web3 and blockchain innovators to take note of the region’s efforts towards a web3-driven future.
Spot Bitcoin ETFs Inch Closer To Debut As SEC Reportedly Advances Talks With Applicants
According to the latest reports, significant progress has been made in discussions between the U.S. Securities and Exchange Commission (SEC) and asset managers over the potential approval of the long-awaited spot bitcoin exchange-traded funds (ETFs).
SEC’s Fruitful Discussions With Spot Bitcoin ETF ContendersThe SEC, historically cautious about approving spot-based crypto ETFs, is now delving into crucial technical details with potential issuers.
According to a December 7 Reuters report citing anonymous industry insiders, the top regulator has engaged with applicants on important details such as custody arrangements, creation and redemption mechanisms, and investor risk disclosures. Notably, high-profile asset managers, including BlackRock, Grayscale, Invesco, and 21 Shares, are believed to have met with SEC officials since September.
According to the latest reports, significant progress has been made in discussions between the U.S. Securities and Exchange Commission (SEC) and asset managers over the potential approval of the long-awaited spot bitcoin exchange-traded funds (ETFs).
SEC’s Fruitful Discussions With Spot Bitcoin ETF ContendersThe SEC, historically cautious about approving spot-based crypto ETFs, is now delving into crucial technical details with potential issuers.
According to a December 7 Reuters report citing anonymous industry insiders, the top regulator has engaged with applicants on important details such as custody arrangements, creation and redemption mechanisms, and investor risk disclosures. Notably, high-profile asset managers, including BlackRock, Grayscale, Invesco, and 21 Shares, are believed to have met with SEC officials since September.
Bitget Announces Listing Of Moon App on Its Innovation Zone and Web3 Zone
The newest product to join the Bitget Innovation Zone and Web3 Zone is the Moon App. With this listing, Bitget is taking a big step toward fulfilling its mission to provide users with access to cutting-edge projects while fostering the growth of diverse blockchains and ecosystems.
To simplify cryptocurrency trading, Moon App is a ground-breaking DeFi trade automation and launchpad tool. With the help of this platform, users can easily and adaptably automate trades using a variety of tools, including sophisticated trading strategies. Users may easily automate sophisticated DeFi models, including maximal extractable value (MEV), multi-wallet trading, and snipe liquidity trading, with the Moon App.
The newest product to join the Bitget Innovation Zone and Web3 Zone is the Moon App. With this listing, Bitget is taking a big step toward fulfilling its mission to provide users with access to cutting-edge projects while fostering the growth of diverse blockchains and ecosystems.
To simplify cryptocurrency trading, Moon App is a ground-breaking DeFi trade automation and launchpad tool. With the help of this platform, users can easily and adaptably automate trades using a variety of tools, including sophisticated trading strategies. Users may easily automate sophisticated DeFi models, including maximal extractable value (MEV), multi-wallet trading, and snipe liquidity trading, with the Moon App.
On-Chain Activity Suggests Institutions Are Driving Recent Bitcoin Price Action, According to Crypto Analyst
Recent on-chain activity suggests that blue-chip investors are the force behind Bitcoin’s (BTC) latest price action, according to a popular crypto analyst.
Ali Martinez tells his 45,800 followers on the social media platform X that there’s been a “noticeable decline” in the daily creation of new BTC addresses amid Bitcoin’s recent price surge.
Recent on-chain activity suggests that blue-chip investors are the force behind Bitcoin’s (BTC) latest price action, according to a popular crypto analyst.
Ali Martinez tells his 45,800 followers on the social media platform X that there’s been a “noticeable decline” in the daily creation of new BTC addresses amid Bitcoin’s recent price surge.
Cookie3 MarketingFi Ecosystem Token, $COOKIE Set to Launch on ChainGPT Pad and Polkastarter
Cookie3, the first MarketingFi Protocol and AI Data Layer has announced plans to launch the first-ever MarketingFi utility token, $COOKIE, on ChainGPT Pad and Polkastarter in Q2 of 2024.
$COOKIE Merges Defi With Digital MarketingDesigned to empower users who drive projects forward within the Cookie3 ecosystem, $COOKIE represents a fusion of AI, DeFi, and marketing, leveraging Cookie3’s cutting-edge data processing technology.
Backed by industry leaders including Spartan Group, GSR, and Polkastarter, $COOKIE will release $366 billion in digital marketing value, redirecting it to users who contribute meaningfully to project growth.
Cookie3, the first MarketingFi Protocol and AI Data Layer has announced plans to launch the first-ever MarketingFi utility token, $COOKIE, on ChainGPT Pad and Polkastarter in Q2 of 2024.
$COOKIE Merges Defi With Digital MarketingDesigned to empower users who drive projects forward within the Cookie3 ecosystem, $COOKIE represents a fusion of AI, DeFi, and marketing, leveraging Cookie3’s cutting-edge data processing technology.
Backed by industry leaders including Spartan Group, GSR, and Polkastarter, $COOKIE will release $366 billion in digital marketing value, redirecting it to users who contribute meaningfully to project growth.
BlockDAG Adds 10 New Payment Methods After Viral Presale Touches $23M While Shiba & Avalanche Price Struggle
The Shiba Inu price prediction faces uncertainty, and with values dipping below crucial support levels, enthusiasts watch cautiously. Meanwhile, the Avalanche price also encounters challenges, reflecting a significant downturn amid slowing NFT sales.Amidst this backdrop, BlockDAG emerges as a notable contender in the top crypto coins in 2024, introducing a suite of new payment methods and a strategic vesting period. These initiatives not only enhance BlockDAG’s accessibility but also position it for potential growth, sparking interest among those looking for promising opportunities in a fluctuating market.
The Shiba Inu price prediction faces uncertainty, and with values dipping below crucial support levels, enthusiasts watch cautiously. Meanwhile, the Avalanche price also encounters challenges, reflecting a significant downturn amid slowing NFT sales.Amidst this backdrop, BlockDAG emerges as a notable contender in the top crypto coins in 2024, introducing a suite of new payment methods and a strategic vesting period. These initiatives not only enhance BlockDAG’s accessibility but also position it for potential growth, sparking interest among those looking for promising opportunities in a fluctuating market.
Binance Co-Founder’s Likeness Used in Impersonation Scams on X, Asks Elon Musk to Step Up
Scammers on X are impersonating crypto founders, influencers, and well-known celebrities to prey on unknowing crypto users. In the latest events, scammers used Yi He’s likeness to set up fake accounts and lure crypto holders.
Most recently, the fake accounts spoke about giving users free Binance-backed memecoins. The posts contained links that would take users to pages where they could connect their wallets. Such tactics are a tale as old as time. Scammers access user wallets this way and steal their contents.
Scammers on X are impersonating crypto founders, influencers, and well-known celebrities to prey on unknowing crypto users. In the latest events, scammers used Yi He’s likeness to set up fake accounts and lure crypto holders.
Most recently, the fake accounts spoke about giving users free Binance-backed memecoins. The posts contained links that would take users to pages where they could connect their wallets. Such tactics are a tale as old as time. Scammers access user wallets this way and steal their contents.