Cryptocoins News / EthereumWorldNews - 2 years ago
Ark Investment Management analyst Yassine Elmamdjra believes that Bitcoin will reach $1 million per coin by the year 2030.Earlier, Cathie Wood, CEO of Ark Investments, had also reiterated a similar statement, adding that BTC will hit $1 million by 2...
Cryptocoins News / EthereumWorldNews - 2 years ago
Blockchain.com raises fresh capital in a strategic funding round.&
Funding round was led by Kingsway Capital and included existing investors Baillie Gifford and Lightspeed Venture Partners.
The exchange recently received approval to operate in...
Cryptocoins News / EthereumWorldNews - 2 years ago
55 seasoned crypto analysts and experts believe that XRP could soon break past $3.81 per unit by the end of 2025. 27% of Finder.com’s panellists stated that itâs time to buy XRP, while 38% are in favour of holding XRP and 36% said thats itâs t...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
NYDIG laid off about 110 employees in the latest workforce slash to happen in crypto, WallStreetJournal reported on Thursday.The staff cut is part of a shift in the company’s focus toward more profitable business ventures accordin...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
A New York Judge has ordered that law firm Roche Freedman step down as lead counsel in a class action lawsuit against USDT Issuer Tether and its sister firm Bitfinex.The lawsuit sought $1 trillion in damages for the plaintiffs over alle...
Cryptocoins News / EthereumWorldNews - 2 years ago
Uniswap Labs’ $165 million series B funding round has been dubbed as one of the biggest deals in DeFi history& The deal demonstrates how investor and user interest in the DeFi domain is still evolving at a rapid pace.
Uniswap Labs on Th...
Cryptocoins News / EthereumWorldNews - 2 years ago
Tether has eliminated commercial paper from its reserves.
U.S Treasury Bills (T-Bills) now make up the bulk of Tether’s reserves.
Tether has been steadily decreasing exposure to commercial paper to enhance security and stability.
The firm had...
Cryptocoins News / EthereumWorldNews - 2 years ago
UK authorities have recently approved a new Electronics Trade Documents Bill that aims to leverage blockchain technology to digitise government documents& The bill seeks to bolster the idea of a paperless economy by making use of blockchain to p...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
The rate at which Ethereum’s network churns out new Ether tokens on a daily basis has dropped by a staggering 97% following the proof-of-stake upgrade in September.Per Delphi Digital’s analysis, net daily emissions have drop...
Cryptocoins News / EthereumWorldNews - 2 years ago
The Huobi Token (HT) has experienced a jump of 84% following the news that Tron founder Justin Sun is acting as an advisor. The token is currently priced at $6.99, a 4-month high for the token.Sun has said that the HT must function more like the Bin...
Cryptocoins News / EthereumWorldNews - 2 years ago
Yuga Labs has committed $1 million in funding to support arts and education efforts in Miami – a vibrant city where Bored Ape Yacht Club was born.
To get the ball rolling, the firm has donated $300k to the Venture Miami Scholarship Funds, supp...
Cryptocoins News / EthereumWorldNews - 2 years ago
Stepn is reportedly laying off 100 of its staff amid the ongoing bear market phase: Wu BlockchainThe company has denied reports of slashing its workforce.
According to Wu Blockchain, the popular move-to-earn app Stepn has decided to lay off its s...
Cryptocoins News / EthereumWorldNews - 2 years ago
Crypto non-profit group Coin Center is suing the U.S Treasury Department for sanctioning Tornado Cash.
The lawsuit alleges that the Treasury overstepped its authority.Â
Coin Center is seeking the delisting of Tornado Cash from sanctions in the inter...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
The opening brief by Grayscale in a lawsuit against the U.S. Securities and Exchange Commission called the regulator’s decision âcapriciousâ and âdiscriminatoryâ.Gary Gensler’s federal agency rejected the digital asset manag...
Cryptocoins News / EthereumWorldNews - 2 years ago
Crypto analyst Moustache believes Ethereum could soon start one of the biggest bull market runs& Moustache cited Ethereum’s price trajectory of 2016-2017 as an example, drawing comparisons on how Ethereum’s present price pattern is...
Cryptocoins News / EthereumWorldNews - 2 years ago
Crypto.com, the largest cryptocurrency exchange platform in the world has announced it will set HQ in Paris.The company said it will invest 150M Euros in France to support its market operations.Crypto.Com received regulatory approval by the French m...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
Core scientific intends to pursue a claim against bankrupt crypto lender Celsius and the company’s mining business.A filing with the U.S. Securities and Exchange Commission on Wednesday said Core Scientific plans to “vigorou...
Cryptocoins News / EthereumWorldNews - 2 years ago
Solana-based DEX Mango Markets was exploited for approximately $112 million. The MNGO token has fallen by 40% to a price of $0.023.The attacker manipulated their Mango collateral and took massive loans from the treasury to carry out the exploit.The...
Cryptocoins News / EthereumWorldNews - 2 years ago
The BNB chain will undergo a temporary patch update in the form of a hard fork on October 12.The hard fork has been described as a temporary fix for its recent $100 million exploit.
The Binance smart chain is gearing up to execute a new hard fork...
Cryptocoins News / EthereumWorldNews - 2 years ago
Yuga Labs is under investigation by the U.S Securities and Exchange Commission
The investigation revolves around the sale of BAYC NFTs and ApeCoin tokens.&
As far as a lawsuit is concerned, no charges have been filed by the SEC yet.
ApeCoin is...
Cryptocoins News / EthereumWorldNews - 2 years ago
Bittrex will be remitting $30 million to the OFAC in its bid to settle the allegations levied by the US watchdog.OFAC had claimed that Bittrex had violated sanctions imposed by the US by engaging with customers from sanctioned jurisdictions.
Cryp...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
Etherscan has flagged an address labeled âRabby Swap Approval Exploiterâ following a hack.Rabby Wallet users were advised to revoke RabbySwap access via a tweet on Tuesday.The suspected exploiterâs address held $146,500 in EtherMost of...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
Etherscan has flagged an address labeled âRabby Swap Approval Exploiterâ following a hack.Rabby Wallet users were advised to revoke RabbySwap access via a tweet on Tuesday.The suspected exploiterâs address held $146,500 in EtherMost of...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
Coinbase will power cryptocurrency payments for users who leverage Google’s cloud services, per CNBC’s report on Tuesday.Google will starts crypto payments with a few customers first before opening up the feature to more use...
Cryptocoins News / EthereumWorldNews - 2 years ago
TerraClassic USD (USTC) has soared by nearly 40%. The coin is valued at $0.059 at the time of publishing, but still far from its $1 peg.The fully diluted market cap of USTC is at $561 million, with a 24-hour trading volume of $355 million.A possible...