MakerDAO, a smart contract protocol built on the Ethereum network, announced on Tuesday that it is lending out 100 million DAI to the United States-based commercial bank, Huntingdon Valley Bank. The ...
Tag: Cryptos
Bitcoin Cash Price Analysis: Is it about Time for BCH Crypto’s Recovery Over Charts?
Bitcoin Cash price is trading above an upwards sloping line over the daily price chart. BCH crypto is still behind 20, 50, 100 and 200-days Daily Moving Average. The pair of BCH/BTC is at 0.005675 BTC...
What Bear Market? Pudgy Penguins NFT Sells for 400 ETH
Someone recently sold Pudgy Penguin #6873 NFT for more than half a million dollars. The NFT is one of 8,888 digital artworks in the Pudgy Penguin NFT collection created by freelance artist Cole There...
Nike Hits $185M in NFT Revenue, Tops Dolce & Gabbana
Popular sports brand Nike Inc. has generated $185.3 million in revenue from non-fungible token (NFT) collections. The milestone brings the company to a leading position among other traditional brands ...
Bitcoin Community Raises 52.6 BTC to Protect “Hodlonaut” from Faketoshi Claims
The Bitcoin community has contributed approximately 52.6 BTC worth around $1.1 million and $30,000 cash to support an anonymous Twitter user with the pseudonym hodlonaut in his ongoing case against se...
South Korea to Apply Gift Tax to Crypto Airdrops
South Korea has imposed a tax on cryptocurrency airdrops received by citizens. According to local reports, anyone who benefits from a crypto airdrop in South Korea is required to pay a specific amount...
Hackers Steal Cryptos from General Bytes Bitcoin ATM via Zero-day Bug
General Bytes, the world’s top three manufactuer of cryptocurrency ATMs, has confirmed that its ATMs have been hacked using a zero-day vulnerability in server ports to steal cryptocurrencies fro...
Top Cryptos to Reap Benefits in 2023
To get the best upside for your portfolio in the current bear market, you might want to start thinking a little more about the long-term. Picking a coin that’s going to be worth more tomorrow is diffi...
U.S. FDIC Issues Cease and Desist Order to FTX US Over False Insurance Claims
The United States Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letter to FTX US over “false claims and misleading statements” concerning its insurance coverage. The regulat...
Google’s Alphabet Invested $1.5 Billion in Crypto
According to recent research by blockchain analytics firm Blockdata, Alphabet, the parent company of Google, invested a whooping sum of $1.5 billion into crypto and blockchain startups, topping the ch...
Top Cryptos to Use at Online Crash Gambling.
If you’re like us, then you love gambling. We’re not just talking about the occasional flutter on a football betting or slot machine; we’re talking about proper gambling – blackjack, poker, roulette e...
Crypto Crash – Why are Cryptos Down suddenly?
Many cryptocurrencies started to rebound from their bottom prices. Bitcoin rebounded from its low of $18,500 and reached a high of around $25,000, while Ethereum made more than 80% in the past 2 month...
SBI Holdings to Shut Down Crypto Mining Operations in Russia
Japanese financial services giant SBI Holdings is planning to shut its crypto-mining operations in Siberia, Russia, Bloomberg reported on Friday. SBI chief financial officer (CFO) Hideyuki Katsuchi sa...
BTC Retraced to $21k as Correction Bites Harder
Bitcoin failed to record any increase over the last five days. A closer look at the charts revealed that although there were several push to the top, all failed to yield results. For example, on Monda...
South Korea to Investigate KuCoin Alongside 15 Crypto Exchanges for Unreported Operations
The South Korean Financial Services Commission (FSC) has put some cryptocurrency exchanges up for investigation under the claim that the concerned exchange companies are operating unlawfully in the co...
Noft Games Unlock Multi-Cryptocurrency Minting Solution
Noft Games, a battling play-to-earn game powered by Binance Smart Chain, now offers users the ability to mint NFT in-game cards with BUSD, USDC, USDT, and DOGE coins, adding those to a prior existing ...
Aussie Gas Station On the Run Now Accepts Crypto Payments
The Australian convenience store and petrol station brand, On the Run (OTR), has partnered with leading crypto exchange CryptoCom and payment terminal provider DataMesh Group Pty Ltd to launch Austral...
We Could Shut Down ETH Staking Under Regulatory Threat
Brian Armstrong, CEO of the American crypto exchange Coinbase, responded on Thursday to a hypothesis raised on Twitter, where he said his company would shut down its Ethereum validator node if regulat...
What’s Happening to Cryptos? BTC, ETH, XRP Price Prediction
The crypto market is currently having its ups and downs. However, the general medium-term trend is still upwards. Most crypto investors make the wrong moves when trading cryptos. They buy when they sh...
Why Major Cryptos Are Trading In Red Today?
Today’s slump in the price of crypto giants including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) has left investors disappointed. At the press time, BTC was trading at $23,379.13, down by 4.05...
Altcoins Decline as Cryptos Show No Strength at Higher Price Levels
Aug 18, 2022 at 12:00 // Price The cryptocurrencies listed below are in a downward correction as buyers fail to sustain bullish momentum above the moving average lines. The bottom line is that these w...
Crypto Lender Nexo Sues Former Director Over Account Holding $20M in Bitcoins
Crypto lender Nexo has filed a legal lawsuit against its former executive Georgi Shulev for refusing to honor his side of an agreement he signed with the firm before his departure in 2019, Law360 repo...
U.S. Judge Rejects $27.5M Settlement Deal Against Crypto Firm Block.one
Lewis A. Kaplan, a United States Judge in the Southern District of New York, has rejected a $27.5 million settlement in an ongoing class-action lawsuit against blockchain development company Block.one...
Crypto Broker Genesis Slashes 20% of Workforce as CEO Steps Down
Crypto brokerage company Genesis has slashed 20% of its workforce as its CEO Michael Moro steps down from his role at the firm, Bloomberg reported Wednesday. The broker believes the decision will help...
Polish Zetly Creates a Revolutionary All in One Platform for Sports
Zetly is a Polish-Estonian technological startup whose main goal is to build the largest digital All in One platform for fans, sportsmen, clubs, and federations. The project initiators set the main go...
U.S. SEC Charges Dragonchain Founder for Raising $16.5M Via Unregistered ICO
The United States Securities and Exchange Commission (SEC) has charged Dragonchain Inc, Dragonchain Foundation, The Dragon Company, and their founder, John Joseph Roets for allegedly raising $16.5 mil...
Jump Crypto’s Rebuild on Solana Blockchain Network
Jump Crypto, is working to rebuild the core part of Solana infrastructure. The rebuild on Solana will remove the slowdowns on the network and increase efficiency and network resilience. The crypto tra...
XTZ Show More Signs of Recovery Peaks at $2
Tezos is one of the top gainers over the last 24 hours. The asset saw notable price increases during the previous intraday session. It closed at $1.88 with a more than 3% increase during the period un...
Bitcoin Price Breaking $25k Resistance Will Push These 3 New Cryptos to The Moon
Bitcoin’s breakout – if it can manage to break through the $25,000 resistance – could send several new altcoins to the moon given their low market cap. Let’s examine them in detail to find out their p...
BlockchainCom Partners Florida International University to Drive Web3 Education
Cryptocurrency exchange and wallet provider BlockchainCom has partnered with Florida International University (FIU) to increase cryptocurrency and Web3 education. According to the company, the partner...