According to a recent analysis by Santiment, the supply of Bitcoin on various exchanges has dropped significantly. The insight suggests that some people stuck with the cryptocurrency during the recent...
Tag: crypto news
Tasties NFT Adds to The Pile of Discord Hacks Mess – crypto.news
Another NFT Discord channel has been hacked once again. Tasties NFT becomes the latest casualty of a discord breach where a hacker sent a message to users announcing a release of the Tasties Membersh...
Three Arrows Capital Looking to Sell Its Assets Amidst Ongoing Crypto Markets Bloodbath – crypto.news
Three Arrows Capital (3AC) has engaged the services of legal and financial advisors to help it formulate a solution for its investors and creditors, as the ongoing crypto markets downturn has resulted...
Solana Releases New Updates to Reduce Bot Activity and Improve Network Stability – crypto.news
Solana, one of the fastest-growing ecosystems in the crypto space, has announced the rollout of new features to enhance the stability of its network. Solana’s Stability Update The platform suffered se...
Immutable Launches $500 Milllion Ecosystem Fund for Web3 and NFT Gaming
Immutable, an Australian gaming company, has launched a $500 million ecosystem fund committed to supporting developers building on its Ethereum layer 2 scaling solution Immutable X. Immutable Unveils ...
Zero-Knowledge Proof Platform zCloak Raises $5.8M in Series a Funding – crypto.news
zCloak Network, providing services for blockchains, has raised a pre-Series A funding of $5.8 million for expansion. However, Coinbase has been identified as the major investor in the latest funding p...
Do Cryptos Need Fiat for Smooth Running? – crypto.news
Cryptocurrencies are digital assets developed to work like money, powered by blockchain technology, and can never be available in physical form. Fiat is the money that is available in physical form. T...
Binance Eyes South Korea Re-Entry Amidst Ongoing Global Expansion – crypto.news
Binance, the world’s largest cryptocurrency exchange, plans to re-enter the South Korean market as part of its Southeast Asian expansion strategy. Binance CEO “CZ” announced his plan to re-enter South...
In a Meltdown, SwissBorg Is Proving to Be a Safe, Transparent, and Liquid Crypto Wealth Management Platform – crypto.news
It has been over six months of pain for crypto investors and traders. The recalibration of digital asset prices has seen billions wiped out. As an illustration, the total crypto market cap sank from $...
Babel Finance Halts Withdrawals Due to ‘Unusual Liquidity Pressures’ – crypto.news
As per a statement on the company’s website, Babel Finance, a Hong Kong-based crypto lender, has halted withdrawals and redemptions. Babel Experienced Strange Liquidity Pressures “Babel Finance is exp...
Dogefather Elon Musk, Tesla, & SpaceX Sued by Dogecoin Investor – crypto.news
Elon Musk, Tesla, and SpaceX have been dragged to court by a dogecoin (DOGE) investor, accusing the trio of manipulating the price of DOGE and running a Ponzi scheme to pump the meme coin and dump it ...
Ethereum’s Movement to PoS Could Largely Reduce Mining Activity Power Consumption – crypto.news
Power consumption will drop significantly as Ethereum transitions from proof-of-work to proof-of-stake. Shifting from PoW to PoS To add transactions on the blockchain to a public ledger, so-called “mi...
How to Get Started With Crypto Investing – crypto.news
Welcome, Dennis Loos. I am aware that your interest and knowledge in crypto-currency is very vast, so today, I would like you to share your experience to assist those that are just getting started and...
Nigeria and Arsenal Football Club Legend Nwankwo Kanu Signs for Sportsbet.io – crypto.news
June 17, 2022, TALLINN, Estonia — Football icon Nwankwo Kanu has signed as a Global Ambassador for Sportsbet.io, as the leading global favorite crypto-led sports betting site adds another superstar ...
ETH Dips Below $1,000. How low can it go?
Ethereum dipped to its lowest in more than a year. As at the time of writing, Ether’s low for 2022 is $900. However, the coin saw notable price increases that resulted in a peak above $1,090. It has h...
TronDAO Boosted With $220M as TRX Token Spikes up To 27% – crypto.news
The fallout of the Terra UST stablecoin, coupled with the current market volatility, has shifted the focus to USDD. As a result, Tron USDD and, to some extent, Tron TRX have been the subject of intere...
Bullish Traders Lose $350 Million as BTC Drops Below $18k
The bearish market has taken a turn for the worse as Bitcoin price dips below $18k as the crypto market is prepping for its daily close. The latest move by the bears has seen the top coin hit a low of...
How Ankr’s Cutting-Edge Web3 Infrastructure Eliminated BNB Chain’s Scalability Issues – crypto.news
Ankr (ANKR) has revealed that its first set of open-source performance improvement operations on Binance’s BNB Chain in the fall of 2021 had an enormous impact on the blockchain network, much higher t...
Another Fed Interest Rates Hike Pushes Crypto to the Brink – crypto.news
The crypto investors are in for another rough time as the Federal Reserve announced the hike in interest rates on Wednesday. The latest interest rate hike is the highest in over a decade as it comes o...
USDC Stablecoin Issuer Circle Launching Euro-Backed Euro Coin (EUROC) – crypto.news
Circle Internet Financial has announced that it’s releasing a new regulatory-compliant, fully-reserved stablecoin dubbed Euro Coin (EUROC). Circle says EUROC shares the same pillars of trust, transpar...
Liquidity Crisis for Crypto Lenders Arises as BTC and ETH Reserves Fall – crypto.news
Despite gains in the last 24 hours, the slow crypto market price recovery has not been sufficient to offset recent losses from the crypto crash, which affected the largest market cap holders Bitcoin a...
5 Ways to Purchase Cryptocurrency in Person – crypto.news
Buying bitcoin online isn’t always as simple and easy as it should be. Fortunately, you can also buy bitcoin in person with cash. Read on to discover five ways to purchase cryptocurrency with cash. Ho...
Fundraising Rounds with Aqualis and Revoland, Musk in a $258 Billion Lawsuit, Probes on Celsius Withdrawal Halt – crypto.news
According to recent reports, Aqualis DAO is currently conducting its seed sale, intending to raise $3 million. Aqualis DAO Ongoing Seed Sale On their Twitter page, the platforms noted that: “@Aqualis...
UNFI Achieves a 10X Intraday Gain as Crypto Market Shows Signs of Recovery – crypto.news
UNFI exploded with a 10x gain in 24 hours, rising from $3.60 to $36.99 according to Santiment. Before the Fed’s latest announcement, traders pushed the company’s active deposits, network growth, and v...
Arthur Hayes Predicts Final Showdown for Crypto Market
In two weeks, there will be a “final showdown” between weak hands and a bidless crypto market, according to Arthur Hayes, the former CEO of cryptocurrency derivatives trading exchange BitMEX. Arthur ...
DeFi Protocol Inverse Finance Exploited, $1.2 Million Stolen in Flash Loan Attack – crypto.news
Ethereum-based open-source protocol Inverse Finance suffered another hack which led to the loss of over $1.2 million worth of cryptocurrencies. The exploit is the platform’s second attack in two month...
Babel Finance Temporarily Suspends Withdrawals Due to “Unusual Liquidity Pressure”
Hong Kong-based cryptocurrency lending company Babel Finance has temporarily suspended its services, citing liquidity pressure due to extreme market conditions. Babel Finance Halts Withdrawals In a b...