Nola Robert

Nola Robert is considered a thought leader in crypto industry, and her work is widely read and respected by industry professionals, investors, and enthusiasts alike. Nola is also known for her ability to explain complex topics in an easy-to-understand manner, making them accessible to a wider audience.

Articles by Nola Robert

Ethereum Foundation Sells $2.7 Million Worth of ETH, But Keeps $500 Million

7 months ago 1 min read

The Ethereum Foundation recently conducted its most substantial single transaction of the year, selling 1,700 Ether ($ETH) on the decentralized exchange Uniswap for approximately $2.73 million in USDC. This move reflects their active management of cryptocurrency holdings. Data from on-chain monitoring service Spot On Chain indicates that this transaction contributes to the Ethereum Foundation’s total ETH sales for the year, now amounting to 2,262 tokens. Most of these sales occurred before dips in the cryptocurrency market. Despite these sales, Ethereum Foundation still maintains a formidable financial position. Their wallet holds more than $500 million worth of the second-largest cryptocurrency, Ethereum,

Aito, Supported by Huawei, Receives 50,000 Orders for M7 Car Relaunch

7 months ago 1 min read

Aito, a Chinese electric vehicle (EV) brand backed by Huawei, has received more than 50,000 orders for its revamped M7 model within the first 25 days since it went on sale. The announcement was made by Richard Yu, Huawei’s Smart Car CEO, on his Weibo social media account on Saturday. The orders, which required a non-refundable deposit, would put Aito among China’s five top-selling new energy vehicle manufacturers, based on sales data for August. The revamped M7 is a five-seat SUV with a starting price of CNY249,800 (USD34,270). It is powered by a 1.5L turbocharged four-cylinder engine and an electric

Lazarus Group Deploys Advanced Malware in New Employment Scams

North Korean Hackers Lazarus Group Launch Advanced Malware in Job Scams

7 months ago 1 min read

In a recent development, the Lazarus Group, a North Korean hacking collective, has introduced a highly advanced malware variant named LightlessCan in their deceptive job scams. This new malware poses a significant challenge to detection compared to its predecessor. ESET’s senior malware researcher, Peter Kálnai, unveiled these findings after analyzing a fake job attack on a Spanish aerospace firm that took place on September 29. The Lazarus Group typically operates by enticing victims with attractive job offers from well-known companies and then deceiving them into downloading malicious payloads disguised as documents. However, LightlessCan represents a substantial upgrade over its predecessor,

Bitcoin’s Price Approaches $28,000

7 months ago 1 min read

On October 3rd, Bitcoin displayed a modest rebound, recovering from a recent dip of $1,300 as it approached the daily closing point. Bitcoin’s price revolved around the $27,500 mark, having dipped from its six-week high near $28,600 before finding support at $27,335 and stabilizing. Despite the potential for the initial October breakout to be a “fakeout,” market participants remained calm. Experienced trader Jelle expressed optimism, suggesting that the absence of an immediate surge to $30,000 following the breakout could be seen as a positive sign. Rapid upward movements often lead to pullbacks. A crypto trader shared a similar perspective, emphasizing

Binance Sparks Excitement with Three New Altcoin Additions!

Binance Adds Support for Three Altcoins, Triggering Price Movements

7 months ago 1 min read

Binance, one of the leading cryptocurrency exchanges, has revealed its commitment to supporting network upgrades and hard forks for three altcoins: Sei (SEI), IOTA (IOTA), and Arweave (AR). These upgrades are set to bring changes to these digital assets, and Binance users need to be aware of the important dates and details. Here’s what you need to know: Sei (SEI): IOTA (IOTA): Arweave (AR): It’s important to note that trading of these tokens on the mentioned networks will not be affected by these upgrades. Binance assures users that they will meet all technical requirements during this process. Deposits and withdrawals

Intense Selling by Whales Impacts Frax Finance Token Prices

Frax Finance Tokens Under Selling Pressure as Whales Offload Holdings

7 months ago 1 min read

Frax Finance (FXS), a cryptocurrency that recently enjoyed a bullish streak, is now grappling with renewed sell pressure. The big question on everyone’s mind is whether this is a brief episode of profit-taking or if there’s more to this story. Recent on-chain data has revealed that certain FXS whales are contributing to the selling pressure. Multiple addresses holding substantial amounts of Frax Finance tokens have seen outflows totaling 1.42 million FXS tokens, valued at over $8 million. These outflows occurred towards the end of September, with a significant portion of the tokens flowing into a single address, likely belonging to

Jim Ryan, the CEO of Sony Interactive Entertainment (SIE)

PlayStation Chief Jim Ryan to Step Down in 2024 After 30 Years at Sony

7 months ago 1 min read

Jim Ryan, the CEO of Sony Interactive Entertainment (SIE), will retire in March 2024 after nearly three decades with Sony. Ryan, who took over as CEO of SIE in 2019, has played a key role in the success of the PlayStation brand. His departure comes as a surprise, considering the recent achievements of the PlayStation 5 (PS5) under his leadership. Ryan’s tenure at Sony began shortly before the launch of the original PlayStation in 1994. During his time at the company, he held various roles and eventually became CEO of SIE. He has overseen the PS5 since its launch in

VanEck Unveils Plans for Ethereum Futures ETF (EFUT)

VanEck to Launch Ethereum Futures ETF (EFUT)

7 months ago 2 mins read

VanEck, a well-known investment manager, has made an exciting announcement about launching an Ethereum Futures exchange-traded fund (ETF). Interestingly, this news follows closely on the heels of the US Securities and Exchange Commission (SEC) signaling its intent to expedite the approval of certain Ether futures ETF applications, all in anticipation of a potential US government shutdown. In a recent press release, VanEck revealed its plans to launch an Ethereum futures ETF called the VanEck Ethereum Strategy ETF (EFUT). As the name suggests, EFUT won’t directly invest in Ether (ETH) or any other cryptocurrencies. Instead, it will derive its value from

SEC Chair Gensler Faces Pressure to Greenlight Spot Bitcoin ETFs, Say Lawmakers

US Congress Members Push SEC’s Gensler to Greenlight Bitcoin ETFs Now

7 months ago 2 mins read

A bipartisan group of lawmakers, including Republican Reps. Mike Flood and Tom Emmer, along with Democratic Reps. Ritchie Torres and Wiley Nickel, are urging Securities and Exchange Commission (SEC) Chair Gary Gensler to promptly approve the listing of spot bitcoin exchange-traded funds (ETFs). In a letter sent on Tuesday, they argued that a regulated spot bitcoin ETF would enhance investor protection by offering transparent and secure access to bitcoin. The lawmakers emphasized Congress’s responsibility to ensure the SEC approves investment products that meet the legislative criteria, urging Gensler to greenlight spot-bitcoin ETFs without delay. Last month, Grayscale Investments achieved a

Vitalik Buterin's Ethereum Sell-Off Continues, Signaling Potential Downward Trends

Vitalik Buterin Continues to Sell Ethereum, Raising Concerns of Future Declines

7 months ago 1 min read

Ethereum co-founder Vitalik Buterin has been transferring significant amounts of ETH to centralized exchanges, raising speculation about potential sales. The move comes as Ethereum faces a stagnant price, decreasing on-chain activity, and muted sentiment, contributing to concerns about its future performance. On September 25, Lookonchain reported that Buterin deposited 400 ETH, equivalent to approximately $632,000, into Coinbase. While this transaction may not necessarily indicate imminent selling, large transfers to centralized exchanges often signal preparations for such actions. Ethereum’s price and market indicators have remained relatively flat, failing to mirror Bitcoin’s recent movements. Analysts have noted a lack of buying pressure

Mt. Gox Postpones Repayment Deadline by One Year

Mt. Gox Delays Repayment Deadline for Another Year

8 months ago 1 min read

Mt. Gox, the once-prominent cryptocurrency exchange, has decided to give its creditors more time by pushing back the repayment deadline. Originally scheduled for October 31, 2023, the new repayment deadline is now set for October 31, 2024. This decision comes after a long and challenging journey for Mt. Gox and its creditors. The exchange suffered a devastating hack in 2014, resulting in the theft of a staggering 850,000 bitcoins (BTC). At today’s prices, this amount is equivalent to nearly $23 billion. While the exchange did manage to recover approximately 20% of the stolen bitcoins following the hack, it left many

Sam Bankman-Fried FTX exchange is gearing up for a crucial pretrial release hearing before the U.S. appeals court.

FTX Founder Sam Bankman-Fried Appeals for Pre-Trial Release in New York

8 months ago 2 mins read

Sam Bankman-Fried FTX exchange is gearing up for a crucial pretrial release hearing before the U.S. appeals court. This hearing comes as he prepares to face trial on October 3. Bankman-Fried’s initial plea for release was overturned last month after prosecutors argued that he was undermining the credibility of a key witness, Caroline Ellison, a former executive at Alameda Research. The upcoming pretrial release hearing will involve presentations from Bankman-Fried’s legal team and the Manhattan U.S. Attorney’s office. Each side will have five minutes to make their case in front of a three-judge panel at the 2nd U.S. Court of