Author name: Avery Clarkson

A voracious reader turned passionate writer, Avery discovered their love for words amidst the serene mountains of Asheville. With a background in psychology, their stories delve into the human psyche, intertwining emotional depth with unexpected plots. When not writing, Avery can be found hiking, experimenting with photography, or enjoying local art scenes. "The Mindscape Chronicles," their debut novel, received local acclaim and they're currently working on its much-anticipated sequel. Avery believes in the transformative power of storytelling and is a vocal advocate for mental health awareness and literacy programs. Interests: Psychology, hiking, photography, surreal art, and indie music. Published Works: "The Mindscape Chronicles" (2022), various short stories in literary magazines. Upcoming project: "Echoes in the Mindscape" (sequel to their debut novel, expected in Spring 2024)

Here’s How Much Was Lost to Crypto Hacks and Exploits in November: Data

Here’s How Much Was Lost to Crypto Hacks and Exploits in November: Data

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The crypto market has just witnessed its worst month in 2023 in terms of exploits, with criminals carting away assets worth hundreds of millions of dollars through various attacks. Blockchain security firm CertiK revealed in a tweet that bad actors stole approximately $363 million across more than 14 incidents. #CertiKStatsAlert🚨 Combining all the incidents in …

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Will Bitcoin Futures ETFs Crumble After Spot ETF Approval? Interview With ProShares

Will Bitcoin Futures ETFs Crumble After Spot ETF Approval? Interview With ProShares

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Source: Adobe Stock As Bitcoin (BTC) surged passed $38,000 in November, the ProShares Bitcoin Strategy ETF (BITO) has tapped a new all-time high for assets under management (AUM). On Tuesday, the fund’s Bitcoin futures contracts reached a record $1.47 billion in value. That’s up from $1.1 billion at the start of the month, and $544 …

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Brazilian Senate OKs ‘15% Crypto Tax Rate’

Brazilian Senate OKs ‘15% Crypto Tax Rate’

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Source: karlavidal/Adobe Brazilian senators have voted in favor of a bill that proposes taxing crypto tax profits earned on overseas crypto platforms at a fixed rate of 15%. Per the parliamentary website and a report from Brazil’s Livecoins, lawmakers “seriously amended” the bill to ensure no loopholes were included. Should the bill become law, users …

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Analysts Set New Potential Window for Spot Bitcoin ETF Approval

Analysts Set New Potential Window for Spot Bitcoin ETF Approval

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Source: Adobe Stock Analysts are now eyeing a potential window for the approval of Spot Bitcoin exchange-traded funds (ETFs), setting the time frame between January 5 and 10, 2024. Previous deadline of November 17 by analysts passed without any discernible action from the Securities and Exchange Commission (SEC). Deadline for Hashdex and Franklin Templeton ETF …

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Binance Retains Leading Position Among Crypto Exchanges Despite DOJ Fiasco

Binance Retains Leading Position Among Crypto Exchanges Despite DOJ Fiasco

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TL;DR Despite recent troubles, including a $4.3 billion fine settlement with the US DOJ and a leadership change with CEO Changpeng Zhao resigning, Binance maintains its position as a leading cryptocurrency exchange with a market share of almost 50%. Binance’s market share briefly dropped to nearly 40% following these regulatory issues, but the exchange continues …

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Velodrome and Aerodrome DEXs Face Frontend Attacks

Velodrome and Aerodrome DEXs Face Frontend Attacks

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Velodrome, the second-largest DEX on the Optimism network, and its fork, Aerodrome, the leading DEX on Base, have reported a compromise in their respective frontend systems. Following the incident, both platforms urged users through their social media channels to refrain from interacting with their platforms for the time being. Velodrome and Aerodrome Urge Caution Amid …

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Canadians Are “Largely Opposed” To A CBDC, Says Bank Of Canada

Canadians Are “Largely Opposed” To A CBDC, Says Bank Of Canada

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Canadians are overwhelmingly opposed to their central bank researching and issuing a digital loonie, according to newly released survey results from the Bank of Canada. The report found that citizens and stakeholders are worried that the technology could violate their financial privacy, and wouldn’t be their payment method of choice compared to existing options. Why …

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FTX Granted Court Approval to Liquidate $744 Million Grayscale Trust Assets

FTX Granted Court Approval to Liquidate $744 Million Grayscale Trust Assets

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Bankrupt cryptocurrency exchange FTX just has received approval from a bankruptcy court to sell its stakes in digital trusts managed by Grayscale Investments, according to a bankruptcy court document filed on Friday. This move is part of FTX’s strategic efforts to repay billions owed to creditors. The assets, valued at about $744 million last month, form a …

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SoFi to Exit Crypto Business Amid Increased Regulatory Scrutiny

SoFi to Exit Crypto Business Amid Increased Regulatory Scrutiny

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Source: Adobe / Goodpics SoFi Technologies Inc., a financial services company, has decided to exit the cryptocurrency sector due to increased scrutiny by banking regulators. On November 29, the company announced that it would terminate its cryptocurrency trading services for users by December 19. The company informed its crypto customers that they would need to …

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Kronos Research Offers 10% Bounty Following $26 Million Hack

Kronos Research Offers 10% Bounty Following $26 Million Hack

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After being robbed of $26 million in crypto earlier this month, trading firm Kronos Research is reaching out to their hacker to negotiate. The company has offered to drop all legal charges if the hacker returns 90% of the stolen funds, leaving him ~$2.5 million to keep. Kronos made its offer through an Ethereum transaction …

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