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Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin will “become priceless” when the Federal Reserve launches a central bank digital currency (CBDC). He warned that privacy will be destroyed, emphasizing that “Big Brother will be watching.” The famous author urged investors to start accumulating bitcoin now “before it’s too late.” Robert Kiyosaki’s CBDC Warning, Urges Investors to Start Saving Bitcoin Now The author of Rich Dad Poor Dad, Robert Kiyosaki, has warned about the risks of the Fed launching a central bank digital currency (CBDC). Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. Kiyosaki explained in a post on social media platform X Friday that the Federal Reserve’s central bank digital currency is coming and when that happens, privacy will be gone. “B

Bitcoin miners have been steadily clearing the mempool of unconfirmed transactions since the number almost reached 700,000 on September 6, 2023. Currently, the number of unconfirmed transactions has dropped to just over 153,000 pending confirmation. Transaction Backlog Shrinks as Bitcoin Miners Face Fewer Inscriptions On September 15, 2023, just over 500,000 unconfirmed bitcoin transfers lingered, awaiting miner confirmation, a decrease from the nearly 700,000 a week prior. Yet, as the curtain fell in September, the tally of unconfirmed transactions dwindled to a smidge over 153,000 . Data from both mempool.space and Johoe’s mempool statistics reflect that a substantial portion of the unconfirmed transfers have been processed. A couple of factors have augmented the miners’ capacity to navigate through the immense sea of unconfirmed transactions in the queue. Firstly, block times have been shaving off a fraction of their 10-minute average, clocking in at around 8 minutes and 48

Numerous reports have detailed that a darknet marketplace (DNM) by the name of Tor2door reportedly pulled off an exit scam, making off with a “massive crypto escrow balance.” Discontent began brewing among Tor2door users when the site vanished from the deep web on September 14, 2023, as per narratives emerging from individuals on the DNM forum Dread. Tor2door’s Alleged Exit Scam Sends Ripples Through DNM Communities This week several accounts have surfaced, pointing to a potential exit scam by the Darknet Marketplace (DNM) known as Tor2door, leaving its users and vendors high and dry. The revelation caught eyes on social media platform X, when DNM and Tor researcher ‘Dark Fail’ shed light on the market’s downfall. “Tor2door darknet market exit scammed this week, stealing a massive crypto escrow balance of pending orders between their narcotics buyers and sellers,” remarked Dark Fail. Kick-started in July 2020, Tor2door served as a hub for illegal drug transactions, while also of

Per onchain evidence, the culprit dubbed the “FTX drainer” shifted 5,000 ethereum valued at approximately $8 million, gauged by today’s exchange rates. This marked the first movement of the funds in nearly a year, with the malefactor channeling the ether into the decentralized finance (defi) platforms Railgun and Thorchain Router. ‘FTX Drainer’ Diverts $8M in Ethereum Shortly after the downfall of FTX, the exchange fell victim to a cyber intrusion on November 11, 2022, parting with a substantial amount of ethereum ( ETH ) and ERC20 tokens. Following a handful of transfers post-hack, the funds lay dormant for almost a year. However, on the dawn of September 29, 2023, the malefactor opted to relocate 2,500 ether, and merely three hours ensuing, an additional 2,500 ETH was shifted from the same address. The crypto sphere buzzed with the news as onchain sleuths broadcasted the maneuvers on the social media forum X. Arkham Intelligence reported , “Breaking: The FTX Hacker holding ov

Chainlink rose for a fourth straight day to start the weekend, as the price surged by as much as 7% in today’s session. The move pushed the token to a two-month high, breaking out of a key resistance level in the process. Solana extended recent gains on Saturday. Chainlink (LINK) Chainlink (LINK) rose by as much as 7% in today’s session, as the token climbed to a two-month peak. LINK/USD raced to an intraday high of $8.21 to start the weekend, which comes a day after falling to a low of $7.69. As a result of the rally, chainlink climbed to its highest level since July 22, when the price peaked at $8.37. From the chart, it appears that the move occurred after bulls orchestrated a breakout of a ceiling at $8.10. This gain also pushed the relative strength index (RSI) into the overbought region, with a current reading of 74.28. Bears may see this as an opportunity to trigger a price reversal, with a ceiling of 75.00 as a potential entry point. Solana (SOL) Solana (SOL) remained

Bitcoin consolidated to start the weekend, as traders moved to secure gains following recent highs in the market. The global market cap was largely unchanged on Saturday, trading 0.06% lower at the time of writing. Ethereum also declined, after a one-month high on Friday. Bitcoin Bitcoin retreated from a ten-day high on Saturday, as bulls opted to secure profits from recent gains. BTC /USD slipped to a low of $26,721.76 earlier in the day, which comes less than 24-hours after peaking at $27,075.94. The move comes as bulls were unable to sustain a recent breakout above a ceiling at the $27,100 level. Zooming into the chart, a failed break of the 58.00 resistance level on the relative strength index (RSI), also contributed to the downturn. At the time of writing this, price strength is now tracking at 56.24, which is marginally above a ceiling of 55.00. Bulls will likely make another run towards $27,000 this weekend, despite today’s price consolidation. Ethereum Ethereum ( ETH

Paypal has chosen Crypto.com as the “preferred exchange” for its recently launched stablecoin issued by the blockchain company Paxos. The partnership with the trading platform seeks to prop the U.S. dollar-pegged cryptocurrency which has already listed the coin and provides liquidity for its market. Crypto.com Joins Payments Giant Paypal and Fintech Firm Paxos to ‘Further Enable Paypal USD’ Crypto.com announced a partnership with Paypal that aims to establish the digital assets exchange as the preferred trading platform for the online payment provider’s new paypal usd (PYUSD) stablecoin. In a press release, the crypto firm highlighted it has already listed the new currency and is currently the exchange with the deepest liquidity for its trading pairs. Paypal introduced the stablecoin in early August with the stated goal to eventually making it an integral part of its payments infrastructure. PYUSD is issued by the New York-based Paxos Trust Company on the Ethereum blockchain and i

The Israel Land Authority has called for blockchain experts to determine the different applications of distributed ledger technology in real estate. Implementing this technology could ostensibly present several advantages compared to traditional real estate transactions, which are qualified by Israeli media as being “time-consuming” and having high operational fees. Israel Examines Blockchain Real Estate Opportunities Israel is mulling the application of blockchain tech in the real estate sector. According to Israeli media , the national Land Authority has called for blockchain experts to examine the various applications of blockchain in the real estate sector, and how it might benefit from such implementations. Some of the applications that the Israeli Land Authority believes blockchain tech might expedite include registration of property and license management, selling and purchasing property using smart contracts, and the creation of a blockchain resident national property regis

Amid the soaring network difficulty, Bitcoin’s hashrate remains resilient, firmly holding above the 400 exahash per second (EH/s) frontier. A total of 43 mining pools channel their hashpower at the Bitcoin blockchain, yet, it’s Foundry USA’s pool that ruled the roost this month, seizing a 29.36% share of the total hashrate over the past 30 days. Bitcoin Miners Unfazed: Hashrate Remains Strong Despite Soaring Difficulty The forthcoming difficulty adjustment, slated for October 3, 2023, looms, yet the climb to a formidable 57.12 trillion in difficulty hasn’t swayed miners. Metrics spanning seven days signal that the hashrate has averaged at a robust 417 EH/s, especially after cresting to an all-time high (433 EH/s) on September 19 concerning seven-day averages. On Friday, September 29, a collective of 43 mining pools are channeling their SHA256 hashrate into the network. A mere two days ago, Bitcoin’s hash price index dipped beneath the $60 per petahash daily marker, yet with BTC ’s

XRP was one of Friday’s notable crypto gainers, rallying to a one-month high earlier in today’s session. Bullish sentiment returned to end the week, with the global market cap trading nearly 1.5% higher as of writing. Solana also surged, moving back above the $20.00 mark. XRP XRP , formerly ripple, was one of today’s biggest movers, climbing by as much as 5% earlier in the day. Following a low of $0.5036 yesterday, XRP /USD raced to a peak of $0.5455 during Friday’s session. This resulted in the token hitting its highest point since August 29, which is the last time price hit a ceiling of $0.5490. Looking at the chart, it appears that the move came as the 14-day relative strength index (RSI) rose beyond a ceiling of its own at 56.00. As of writing, the index is tracking at 58.67, with the next visible point of support near the 60.00 mark. In the event the 60.00 ceiling is broken, there is a good chance that XRP will climb beyond $0.5500. Solana (SOL) In addition to XRP , so

Gold prices are wrapping up the week by plummeting to a nine-month low, with the price per ounce descending to $1,858 on Thursday. Transitioning into Friday, gold is changing hands at $1,870 per ounce, marking a decline of 2.8% over the trailing five days. Concurrently, bitcoin ( BTC ) prices leaped on Thursday, and have ascended by 1.5% against the U.S. dollar over the course of the week. Gold’s Downward Dive Mirrors Skyrocketing Bond Yields in a Market Stressed by Fed Policies Precious metals such as gold and silver are on a descending trajectory, with an ounce of gold now 3.5% lower than its value 30 days prior. Silver too has faced a sharper decline, shedding 6.6% over the past month and 2.9% in the preceding five-day span. The leading duo of precious metals markets is enduring strain, a situation many attribute to the hawkish monetary stance emanating from the U.S. Federal Reserve. The Fed’s pronounced quantitative tightening coupled with elevated interest rates is propellin

Bitcoin continued to trade above the $27,000 level on Friday, after a surge beyond this point towards the end of yesterday’s session. Ethereum rallied to a one-week high. Bitcoin Bitcoin remained above the $27,000 level on Friday, following a late rise in bullish sentiment towards the end of Thursday’s session. Following a low of $26,424.95 on Thursday, BTC /USD raced to an intraday high of $27,259.50 earlier in the day. As a result of the move, bitcoin rose to its highest level since September 20, when price peaked at $27,393.00. Bitcoin chart by TradingView However, earlier gains have since edged lower, largely due to a collision which took place on the relative strength index (RSI). Looking at the chart, the index was unable to push past a resistance level of 58.00, and has since fallen to a reading of 56.57. Traders could be awaiting the release of this afternoon’s consumer sentiment report in the United States, prior to deciding their next move. Ethereum Ethereum

According to Mohammed El Kandri, event organizers battling the ticket scalping problem have a greater chance of overcoming this challenge if they deploy a blockchain-based ticketing solution. A blockchain-based solution allows event organizers to issue digital tickets that are “tamper-proof and traceable.” Growing Dissatisfaction With the Way Tickets Are Distributed Blockchain is a technology with the potential to turn the tide against ticket-scalping syndicates, Mohammed El Kandri, the founder of the blockchain startup Ir4lab, has said. Since transparency and traceability are some of the key attributes of blockchain, using this tech to tackle the ticket scalping scourge is a “no-brainer,” El Kandri added. El Kandri and others’ call on event organizers to adopt blockchain-based solutions is coming at a time when fan dissatisfaction with the way tickets to events like music concerts or football matches are distributed is on the rise. Some event goers accuse shadowy groups of deliber

PRESS RELEASE. In a trading atmosphere characterized by meticulous strategies and keen observers, the Launchpad of $UMM on LBank has emerged as a focal point of discussion. UMM’s trading trajectory seems to be on a steep upward trend, marking its territory in the competitive crypto landscape. UMM began its trading journey at $0.1 on September 29th and experienced a meteoric rise to $1 within the first 30 minutes, representing an astonishing 1000% increase from its Launchpad initial price. This Launchpad attracted a whopping 35,229 participants, leading to a cumulative investment exceeding 52,186,338 USDT . Launchpad Pricing Details: On September 28th, LBank initiated a subscription quota to facilitate equitable participation for every investor. This Launchpad is topped with a hard cap, and participants who reached the maximum allowed subscription invested an estimated value of $2000 in USDT . Launchpad Mechanics: The structural design of the UMM Launchpad on LBank is characteriz

Tonk, a programming collective focusing on onchain gaming, has announced a blockchain-based Nintendo Entertainment System (NES) emulator called Dappicom. The app, being coded using Noir, a smart contract-enabled privacy-focused language, will allow players to prove they have achieved in-game milestones without showing how. Tonk Announces Dappicom, a Provability-Focused NES Emulator Tonk, a gaming-oriented programming team, has announced it is working on Dappicom, a Nintendo Entertainment System (NES) emulator that will allow users to play and enjoy old gaming classics onchain. Furthermore, Tonk focuses on the probability part of the gaming equation, using mathematical proofs to power this part of its functionality. Dappicom is being coded using Noir , a language that uses zero-knowledge (ZK) technology for its objective. The emulator is designed to appeal to the retro gaming community, which will be able to prove they completed various challenges and quests without having to scree

Coinbase has received a regulatory stamp of approval to start offering perpetual futures trading to retail crypto traders outside the U.S., opening up access to the $5.5 trillion global derivatives market. Coinbase Extends Perpetual Futures Trading to Retail Traders Abroad The Bermuda Monetary Authority (BMA) granted Coinbase International Exchange, the company’s new non-U.S. exchange, a license last week to extend its futures trading services to retail investors across the world, except residents in the U.S. With the approval, Coinbase is poised to expand its derivatives services to more customers globally through its Coinbase Advanced platform in the coming weeks. “As the most trusted and safest name in crypto, Coinbase will operate with maximum transparency, employ a robust risk framework, and meet the high-bar regulatory and compliance standards of the BMA,” the Coinbase announcement said. The company sees regulatory approval as an opportunity to further its mission of updat

PRESS RELEASE. LBank recently concluded its Launchpad for MetaExpand, securing a total investment of 52,186,338 USDT from 35,229 participants. $UMM will be listed on LBank and open for trading on September 29th at 6 AM(UTC). This event was highly anticipated, following the immense success of the previous $PINS Launchpad, which garnered a substantial total investment of 51,556,343 USDT and experienced a 2003% increase in value. $PINS’s success yielded significant returns for its 34,587 participants. This year, LBank has emerged as a pivotal player in the cryptocurrency market, earning a prominent position in spot trading volume and establishing a noteworthy presence in various cryptocurrency sectors, including the MEME coin sector, according to the latest market data. LBank persists in offering its over 9 million global users specialized financial derivatives, expert asset management services, and a secure trading environment, fostering global adoption of cryptocurrencies. The pa

Shiba inu snapped a recent four-day losing streak on Thursday, as bulls rejected a breakout below a key level of support. The slight rebound in price came as the global crypto market cap was marginally higher, climbing 0.25% as of writing. Dogecoin was also in the green. Shiba Inu (SHIB) Shiba inu (SHIB) ended a four-day losing streak on Thursday, as crypto bulls returned following a slight stalemate earlier in the day. Following a low of $0.000007164 on Thursday, SHIB/USD rose to an intraday high of $0.000007287 during today’s session. This came as traders continued to move price away from a recent support point around the $0.00000710 level. From the chart, it also appears that momentum is somewhat bullish, with the 10-day (red) moving average nearing a cross with its 25-day (blue) counterpart. In order for this to happen, the relative strength index (RSI) will first need to rise beyond a ceiling at the 44.00 mark. At the time of writing, the index is tracking at 42.14, with S

On September 27, 2023, statistics indicate that 13 cryptocurrency exchanges possess assets under management (AUM) exceeding $1 billion, collectively constituting 14.39% of the crypto economy’s total value of $1.05 trillion. Among these 13 digital currency trading platforms, Binance stands out by maintaining a 42.81% share of the $151.08 billion in cryptocurrency reserves. A Handful of Billion-Dollar Cryptocurrency Exchanges Command $151B in Net Value Data indicates that 13 distinct cryptocurrency exchanges collectively manage a total value of $151.08 billion, with Binance, the leading cryptocurrency trading platform in terms of global volume, maintaining $64.68 billion in reserves, as reported by Arkham Intelligence’s blockchain explorer. Binance’s holdings include 21.02 billion tether ( USDT ) and 671,981 BTC , with a combined value of $38.7 billion. Additionally, Binance held assets valued at $6.55 billion in ETH and $3.21 billion in BNB on September 27. Binance’s holdings re

Ethereum climbed to a fresh one-week high on Thursday, as bulls kept price above a key resistance level. The move comes despite cryptocurrencies mostly consolidating in today’s session, following Wednesday’s rally. Bitcoin was marginally lower, retreating from recent gains. Bitcoin Bitcoin edged marginally lower on Thursday, as crypto markets consolidated, following strong gains the day prior. BTC /USD dropped to an intraday low of $26,111.46, less than 24 hours after nearing a breakout above the $27,000 level. Overall, it appears that traders have opted to secure gains, abandoning their positions as markets neared a point of uncertainty. Looking at the chart, this area appears to be 51.00 on the 14-day relative strength index (RSI). As of writing, price strength is tracking at the 49.64 level, with bitcoin now trading at $26,481.46. Should bulls navigate a surge beyond this point, there is a good chance that price could move back above $27,000. Ethereum Ethereum ( ETH ) peak

PRESS RELEASE. September 28, 2023 – The 2023 Global Digital Mining Summit (WDMS) concluded successfully in Singapore, exploring the future trends and investment opportunities in the Web 3.0 mining ecosystem. During the event, Bitmain unveiled its latest high-hashrate miner, the S21, and commenced accepting pre-orders. As Bitmain’s exclusive cloud mining partner, BitFuFu platform has opened the S21 miner pre-purchase. The S21 miner boasts an impressive energy efficiency rating of only 17.5 J/T, significantly enhancing mining efficiency. Furthermore, the S21 miner offers a hashrate of up to 200 T/TH, marking a new performance peak and solidifying its position as one of the world’s most powerful BTC miners. BitFuFu is introducing an attractive product package, combining mining machine purchases with hosting services: The platform supports purchases starting from just one miner, offering an integrated service of machine procurement and hosting by BitFuFu, which includes transportatio

According to Yuga Labs, creators of the Bored Ape Yacht Club (BAYC), the team has partnered with the popular Japanese fashion brand A Bathing Ape, commonly known as Bape. They plan to unveil a new “irreverent collection” together at Apefest in Hong Kong this November. BAYC Partners With Fashion Brand Bape The Bored Ape Yacht Club is teaming up with streetwear company Bape for a new collection, Yuga Labs announced . Founded in 1993 by Nigo (Tomoaki Nagao) in Ura-Harajuku, Bape is a renowned Japanese fashion brand. The company operates 19 stores globally, offering men’s, women’s and children’s lifestyle and streetwear. “Together, the two brands have reimagined iconic designs from Bape’s deep archives and usher in a return to the golden age of streetwear collecting,” Yuga Labs said on September 25. “With one foot in Bape’s Ura-Harajuku roots and the other in the BAYC swamp, this collection offers Bape heads and BAYC members exclusive access to apparel and accessories that reflect thei

Bitcoin cash was once again a big mover, as the cryptocurrency rose by nearly 10% during today’s session. The move saw price climb to its highest level since mid-August, and came as U.S. dollar strength pushed the S&P 500 to a three-month low. Chainlink also rallied strongly on Wednesday. Bitcoin Cash ( BCH ) Bitcoin cash ( BCH ) continued to climb higher for a third straight session on Wednesday, as prices surged by nearly 10% in today’s session. BCH /USD peaked at $234.94 earlier in the day, which comes a day after falling to a low of $211.95. This is the strongest point that the token has hit since August 10, when price was trading above $240.00. Looking at the chart, the move came following a breakout of a point of resistance at the $225.00 level. Additionally, the relative strength index (RSI) also broke out of a ceiling at 60.00, and is now tracking at 65.52. The next target now seems to be at the $250.00 mark, which could be hit if current momentum extends for the re

After a cyberattack resulted in a staggering $200 million loss from the decentralized exchange (dex) platform Mixin, the company revealed that its cloud service provider had been compromised. In a bid to recover the stolen funds, Mixin is now extending a $20 million reward to the hacker upon the return of the assets. Through an onchain message on the Ethereum blockchain, Mixin clarified that the pilfered assets were the property of the dex platform’s users. Mixin Sends Onchain Plea for Asset Recovery Two days ago, the Mixin Network, also known as Mixin Kernel, suffered a significant breach, resulting in a loss of $200 million. The team pinpointed the network’s cloud service provider as the compromised point and has since collaborated with Google and the Slowmist blockchain security team to delve into the incident. In a strategic move, the Mixin team dispatched an onchain message to the perpetrator, proposing a reward in exchange for the return of the stolen assets. “Most of our p