Dragonfly (formerly Dragonfly Capital) has announced the acquisition of crypto hedge fund, Metastable Capital for an undisclosed amount. Dragonfly has also gotten a fresh logo and dropped ‘Capital’ fr...
Tag: crypto news
Survey Shows Only 10% of Traders Take Full Advantage of Multiple DAOs
If you’re invested in cryptocurrency, you are probably familiar with the concepts and goals behind decentralized finance. Decentralized autonomous organizations (DAOs) are a great tool within the DeFi...
Acala’s iBTC/aUSD Liquidity Pool Bug Exploited by Hackers – crypto.news
Hackers have exploited a loophole in Acala’s newly-created iBTC/aUSD liquidity pool to steal millions of dollars worth of tokens on August 14, 2022, forcing the aUSD stablecoin to lose its peg with th...
Hacker Prints 1.2B AUSD On Acala Network, AUSD Depegs After The Exploit – crypto.news
This year has been rough for stablecoins as several stablecoins have depegged from the USD. On August 14th, the AUSD (Polkadot-based stablecoin) of Acala Network dropped below $1. Reports revealed tha...
Struggling Crypto Exchange, Zipmex Granted 3-month Moratorium Extension by Singapore High Court – crypto.news
The South Asian crypto exchange is in a rough patch after its exposure to Babel Finance and Celsius Network, which are currently bankrupt. The Singapore high court last week granted the exchange prote...
Monero Implements Hard Fork to Enhance Security and Privacy – crypto.news
Monero, one of the most significant privacy protocols in the ecosystem, implemented a protocol update on August 13 to enhance several privacy and security features provided by the network. The hard fo...
Is There A Point To Forking Ethereum Into Ethereum PoW After The Merge? – crypto.news
The upcoming Ethereum Merge signifies an important step for the entire ecosystem. Proof-of-Work will no longer be supported, although there are rumors of a potential hard fork that would split the net...
Crypto.com, Binance.us, and FTX August 2022 Crypto Offers – crypto.news
Many crypto exchanges are offering people chances to earn money for free. Some of the platforms that have crypto offers for this month are Crypto.com, FTX, and Binance.us. If a trader learns to levera...
Zoomex, Villarreal CF’s new Official Crypto Exchange Partner – crypto.news
Great news for Zoomex in terms of new partnerships. Recently, Zoomex has teamed with Villarreal CF, where they have achieved a deal for the cryptocurrency trading platform to become the Official Crypt...
LYO Earn, the New and Improved LYOTRADE Staking – crypto.news
The staking service of LYOTRADE got an upgrade and a new name: LYO Earn. Find out what’s new on this version below. LYO Earn is the new LYOTRADE staking service. Users can access more staking pools a...
A Close Look Into Top Blockchain Games – crypto.news
Are you a fan of video games? Imagine earning assets with real monetary value including crypto, NFTs, and other valuable tokens for playing online. That is exactly what Blockchain technology has broug...
Encryptus and Azadi Records Partner Together To Explore NFTs and Its Usage – crypto.news
Encryptus has announced that it will partner with famous record label firm Azadi Records. This alliance would allow both entities to explore NFT usage and develop new use cases. Also, they have promis...
Funding Rounds for ReadON, Play Zap Games, Recent Inflation Statistics Revealed – crypto.news
Funding continued recently with ReadON and Play Zap Games announcing the completion of investment rounds. Inflation rates in US and Germany dropped, while Spain saw increased rates. ReadON Closes Fun...
LDO, ETC, and OP Rally After the ETH Merge Announcement – crypto.news
The announcement of the Ethereum merge led to a rally in various altcoins, such as the Ethereum Classic, Optimism, and Lido Dao. However, analysts are still evaluating if the rally is sustainable. Lid...
ETHPoW Team Retaliates ETC Cooperative, Claims Miner-Led “Hard Fork Is Inevitable” – crypto.news
The ETHPoW team published an open letter claiming its proof-of-work fork of Ethereum was “inevitable.” The project has removed the “difficulty bomb” from its version of the Ethereum code in order to p...
Canadian Regulators Join Investigations into Crypto Lender’s Collapse – crypto.news
Reports indicate that several Canadian regulators are working with their American counterparts to investigate the collapse of Celsius Network. According to sources, the Autorité des Marchés Financiers...
Bitcoin Lightning-Powered Strike App Unveils New Visa Card – crypto.news
Strike has on August 11, 2022, announced the introduction of its new Visa card designed to enable users to earn more rewards when they pay with bitcoin (BTC) anywhere across the globe. With the new St...
Binance Recovers $450,000 Out Of The Funds Stolen In Curve Finance Hack – crypto.news
Changpeng Zhao, the CEO of Binance, has recently stated that his team has recovered some of the funds stolen from Curve Finance. According to Zhao, the hacker had deposited part of it on the Binance p...
Ethereum’s Merge May Arrive Sooner Than Expected – crypto.news
The Ethereum Merge may occur sooner than anticipated, as core developers have announced a tentative Merge date of September 15 that will see the blockchain transition to Proof-of-Stake. ETH PoS Upgrad...
South Korea’s Top Financial Regulator to Expedite Crypto Legislation – crypto.news
South Korea’s Financial Service Commissioner (FSC) chairman, Kim Joo-Hyun, has announced plans to accelerate the formation of cryptocurrency regulations. Kim declared at the National Assembly that a t...
Gunzilla Games, Satellite.im, Jito Lab Close Successful Funding Rounds – crypto.news
Fundraising rounds continue with several projects like Jito Labs, Satellite.im, and Gunzilla Games, raising large sums of funds. Contrarily, the markets took a positive trend this week, with BTC and E...
Bulls go on Rampage as ETH Flips $2k
Ethereum is currently on an uptrend. As a result, it surged from $1,900 to flip the $2,000 resistance a few minutes to the of writing. The hike started on Wednesday when the largest alt saw an 8% incr...