Crypto asset manager Bitwise’s head of alpha strategies predicts Bitcoin could rally as high as $92,000 if Donald Trump wins the United States presidency in November. Jeff Park in an Oct. 22 post to X, stated that by comparing Bitcoin’s BTC$67,393 price with Trump’s odds on the decentralized betting platform Polymarket and using some 'merger arb-style probability math,' it indicated a strong likelihood of Bitcoin rising if he won the election.
“I project a Trump victory could push BTC to ~$92,000,” wrote Park.
Park’s bullish price prediction for Bitcoin joins a growing roster of pundits and analysts expecting a Trump victory to send the price of crypto assets soaring.
Bitcoin millionaire Erik Finman told Cointelegraph he believes a Trump election win could see Bitcoin rally as high as $100,000. “His policies will ignite the crypto market, fueling massive growth across the board.”
Lazarus Group took advantage of a Chrome flaw through a counterfeit NFT game
A North Korean group of hackers, "Lazarus" used a fake blockchain-based game to exploit a zero-day vulnerability in Google’s Chrome browser and install spyware that stole wallet credentials. This was reported by Kaspersky Labs analysts who noticed the exploit in May and reported it to Google, which has fixed it.
The hacker's play-to-earn multiplayer online battle arena game, known as either DeTankZone or DeTankWar, was fully functional and had been promoted on LinkedIn and X. The game included non-fungible tokens (NFTs) serving as tanks in a worldwide competition.
Users were infected by the website, even if they did not download the game. The hackers modeled the game on the existing DeFiTankLand.
The malware used by hackers wes Manuscrypt followed by a previously unknown “type confusion bug in the V8 JavaScript engine.” It was the seventh zero-day vulnerability found in Chrome in 2024 through mid-May.
Kaspersky principal security expert Boris Larin said: “The significant effort invested in this campaign suggests they had ambitious plans, and the actual impact could be much broader, potentially affecting users and businesses worldwide.”
Chainlink co-founder introduces blockchain-based payments for traditional finance
Chainlink, a decentralized Oracle provider will introduce a new blockchain payment solution for financial institutions. Chainlink announced a new integration with Swift, the global messaging network for banks and institutions, allowing institutions to use Swift messages to engage with blockchain technology.
This integration will enable digital asset settlement with minimal adjustments to existing infrastructure while also establishing a bridge between decentralized finance (DeFi) and traditional finance (TradFi).
