Ethereum has been on the downtrend since the start of the week and is showing no signs of stopping. It ended the fifth day of the seven-day period with no notable losses but a red candle which continu...
Tag: Invest
NFT Marketplace Quixotic Confirms $100k Exploit via Offering Feature Breach
Quixotic, a non-fungible token (NFT) marketplace built on layer-2 scaling solution Optimism, on Friday confirmed an exploit that resulted in the loss of $100,000 worth of ERC-20 tokens. The attacker ...
El Salvador Purchases $1.5 Million Worth of Bitcoin at $19,000
Bitcoin-friendly El Salvador has bought the dip, adding 80 BTC ($1.5 million) to its balance sheet. The country said it purchased the bitcoins at an average price of $19,000 each. El Salvador Buys 80 ...
MakerDAO Seeks To Invest $500 Million In Untapped Territories OF Bonds And Treasuries
As the bear market trend is getting more intense, many protocols and other crypto-related firms are making moves for survival. On its part, MakerDAO plans on a minimal risk investment strategy to rais...
Asset-Backed Token Raise to Support the Build of Algae Biomass Protein Farms
SIT is the world’s first blockchain-based algae biomass project offering. The project will be built utilising patented sustainable technology to deliver a pioneering green investment opportunity. Car...
Bitcoin and Ethereum Record Tremendous Losses
The crypto market is going through one of its toughest second quarter. Most cryptocurrencies have significantly lost a large chunk of their value over the last three months. This is attributed to the ...
Singapore Regulator Reproves Three Arrows Capital for Exceeding $250M Threshold
The Monetary Authority of Singapore (MAS) disclosed Thursday that it had reprimanded Three Arrows Capital (3AC). The troubled crypto fund manager is charged with providing inadequate information and s...
FTX to Acquire BlockFi For $25M (99% Discount)
Sam Bankman-Fried’s crypto company FTX is on track to acquire troubled cryptocurrency lending firm BlockFi for $25 million, CNBC reported Friday. The deal, expected to conclude as soon as this week, w...
MakerDAO May Invest $500M in US Treasury Bills – crypto.news
The MakerDAO community is considering investing 500 million DAI in bonds in order to produce low-risk returns from some of its holdings. The proposal, which has been debated for months inside the gove...
Grayscale Sues U.S. SEC Following Bitcoin ETF Denial
Leading asset management firm Grayscale Investments has filed a lawsuit against the United States Securities and Exchange Commission (SEC) over rejecting its application to convert the Grayscale Bitco...
Should Shopify And Amazon Be Worried About Pinterest’s New CEO?
Getty Images Key Takeaways Pinterest brought in a new CEO, Bill Ready, who has an impressive background in e-commerce and payments processing at the likes of PayPal and Google It’s expected that this ...
Binance Inks MOU With Cambodian Regulators for Digital Asset Innovation
Leading cryptocurrency exchange Binance has signed a Memorandum of Understanding (MoU) with the Securities and Exchange Regulator of Cambodia (SERC) to work with the regulator to strengthen digital as...
Best Soccer Fan Tokens to Invest in 2022
The popularity of cryptocurrency has created a huge demand for blockchain technology to be used in every industry. What was once considered to be able to potentially revolutionize commerce is now also...
The Nearing Worker Backlash Might Be A Colossal Boost For Zoom: Ark Invest
During the initial days of Covid-19 pandemic, Zoom Video Communication was among the hottest shares in the market. Cathie Wood’s team in Ark Invest thinks highly of Zoom and thinks that shares of the ...
Coinbase Plans Europe Expansion Amid Bear Market
Leading U.S. cryptocurrency exchange Coinbase is working to be registered in more European countries, including Italy, Spain, France, the Netherlands, and Switzerland, Bloomberg reported on Wednesday....
Circle and New York Community Bancorp Forms Custody Partnership to Invest in Community-Based Initiatives – crypto.news
Circle Internet Financial, the creators of the USDC stablecoin, has announced a custody partnership with New York Community Bancorp (NYCB), under which New York Community Bank, a subsidiary of NYCB, w...
South African Police Arrest Two for Alleged $2 Million Crypto Fraud
The Hawks, a South African police unit, have arrested 57-year-old Zain Muhammed Valle and 25-year-old Michelle Bianca Bezuidenhout for an alleged R34 million (Approx. $2.1 million) cryptocurrency scam...
White Hat Gets $630k for Averting Potential $25M Bug on Solana-based Port Finance
Port Finance, a Solana-based lending protocol, has paid out a $630,000 bounty to a white hat hacker who helped prevent a potential $25 million vulnerability from the platform, cybersecurity firm Halbo...
MakerDAO looks to invest $500M into ‘minimal risk’ treasuries and bonds
MakerDAO is currently voting on a proposal aimed at helping it weather the bear market and utilize untapped reserves by investing 500 million Dai (DAI) stablecoins into a combination of United States ...
Cash App Lets Users Invest Spare Change in Bitcoin
Key Takeaways Cash App has announced a new feature that will allow users to “round up” their features and invest the difference. With Round Up, users can put their change into Bitcoin as w...
GogolCoin Unveils Its Cryptocurrency Exchange – GOLEX
Recognized as a pioneering platform for buying, trading, and selling cryptocurrency in MENA Region, GOLEX stands out as the ideal exchange in a decentralized future. Building upon its growing platform...
Apple CEO Himself Owns Crypto Assets But Wouldn’t Invest In It For Apple
The CEO of Apple, Tim Cook , reveals that he owns crypto; however, the investment does not have any connection with Apple. Cook said cryptocurrencies are important for a diversified portfolio. The CEO...
Russian Lawmakers Approve Tax Exemption Proposal for Digital Asset Issuers
A few days after Russian authorities presented a bill seeking to govern the illegal issuance of crypto if approved, the country’s policymakers have signed a proposed law to exempt token issuance from ...
TRON Breaks the 100 Million Users Mark, Celebrates Mainnet 4th Anniversary, and Announces Huge Hiring Push Amid Market Meltdown
TRON user accounts have reached 100,048,526, officially breaking the 100 million ceiling, according to data from the blockchain browser TRONSCAN, as of June 25. On the same day, TRON Mainnet celebrate...
Maker governance is voting to invest $500 million in US Treasury bills
MakerDAO, the issuer of the Dai (DAI) stablecoin, is currently voting on how to allocate 500 million DAI ($500 million) of treasury funds into investments in US Treasury bills and bonds, the protocol ...
BTC, ETH, BNB, SOL, SHIB
The crypto market is looking good again as most cryptocurrencies saw more uptrends during the previous week. There were notable changes to the value of the global cryptocurrency market cap. One such i...
Revolution Around Crypto, NFTs, and DeFi Will Not Be Stopped
Cathie Wood, founder and CEO of investment management company ARK Invest, has reiterated her bullish stance on cryptocurrencies despite the recent market downturn sparked by the Terra UST/LUNA crash. ...
Harmony Protocol Hacker Starts Moving $100M Stolen Funds to Tornado
Following last week’s attack on the Harmony Protocol that resulted in the loss of $100 million, the exploiter has started to move the stolen funds. Harmony Hacker Moves $22 Million The exploit on the...
Blockchain Analytics Firm Kaiko Secures $53M Funding Amid Market Turmoils
Kaiko, a blockchain data provider company serving institutional investors and enterprises, has secured $53 million in Series B funding, the company announced Tuesday. Kaiko Bags $54 Million From Inves...
Rich Dad Predicts Bitcoin to $1,100. Mistake Or?
Robert Kiyosaki, author of the best-selling book “Rich Dad, Poor Dad,” has revealed that he is waiting for Bitcoin to test $1,100 so that he can buy the dip. Kiyosaki Wants Cheap Bitcoins The author a...