Altcoin News by Thebittimes.Com

THORChain (RUNE) has been constantly rising over the past ten days after witnessing a 45% decline since the start of October.  The asset has gained bullish momentum as the global crypto market capitalization gained traction, reaching a local top of $1.27 trillion. The possibility of the Bitcoin (BTC) spot exchange-traded fund is one of the main positive drivers. RUNE price, development activity , social volume and Binance funding rate – Oct. 31 | Source: Santiment According to data from Santiment, THORChain’s development activity rose by 27% in the past 24 hours and registered 160% gains since Oct. 29. Per the market intelligence platform, the asset’s development activity is still down by 95.4% from its local top on Oct. 17. You might also like: Daniel Shin denies hand in Terra’s collapse On the other hand, RUNE’s social volume surged by a whopping 160% over the past 24 hours, putting the asset in the trend zone, according to Santiment. Data shows that th...

Join Our Telegram channel to stay up to date on breaking news coverage The repercussions of FTX, the second-largest cryptocurrency exchange in the world, declaring bankruptcy earlier this month have been felt globally. However, there are some less than innocent people among the numerous victims. Cryptocurrency theft has proven to be a (relatively) easy means for the Democratic People’s Republic of Korea, a nation under stringent sanctions, to finance its growing nuclear weapons. It is well known that for years, North Korea’s military operation under Kim Jong-un has been stealing cryptocurrencies to fund its nuclear and missile programs. However, researchers believe North Korea has lost most of its cryptocurrency holdings due to the general decline in the cryptocurrency market, the recent FTX meltdown, and other other problems. Can we anticipate a halt or slowdown in its nuclear weapons development ? It seems improbable. What North Korean hackers have been doin...