Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) survived another night without breaking $20,000 on June 17 as $14,000 cemented itself as a likely bottom level.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader plans to go "all in" on BTC at $14,000Data from Cointelegra...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto exchange Binance has courted controversy almost since its 2017 beginnings, and five years later, the dustups continue. On June 6, the United States Securities and Exchange Commission was reported to be investigating whether Binance Holdings br...
Cryptocoins News / The Cointelegraph - 1 year ago
The United Arab Emirates has launched the world’s most expensive modern postage stamp to celebrate the 50th anniversary of the country’s Foundation Day.Emirates Post Group, a government-owned post office launched the first edition of the modern posta...
Cryptocoins News / The Cointelegraph - 1 year ago
The crypto sector may be maturing, but regulatory clarity around the treatment of digital assets continues to remain cumbersome. This was recently highlighted by Commissioner Hester Peirce — also known as the United States Securities and Exchange Com...
Cryptocoins News / The Cointelegraph - 1 year ago
Tether (USDT), the biggest stablecoin and the third-largest digital currency by market capitalization continues losing its market value amid the current market downturn.On Thursday, USDT’s market cap dropped below $70 billion for the first time since...
Cryptocoins News / The Cointelegraph - 1 year ago
While the broader crypto market is on a downward spiral and social media is plagued with fears and complaints, some are choosing to focus on the decentralized finance (DeFi) space's potential for the future.
In a DeFi subreddit, Redditor Popular_Ru...
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong-based asset manager Babel Finance is the latest cryptocurrency lending firm experiencing some serious issues amid the ongoing market downturn.
Babel Finance officially announced Friday a temporary suspension of redemptions and withdrawals...
Cryptocoins News / The Cointelegraph - 1 year ago
Since 2020, miners on the Ethereum blockchain have extracted around $600 million from other investors by miners, according to a new report by the Bank for International Settlements (BIS) focusing on common malpractice in the crypto mining industry. ...
Cryptocoins News / The Cointelegraph - 1 year ago
The popularity of nonfungible tokens (NFTs) is on the rise as recent data shows that the number of digital collectible platforms in China has grown to over 500, a 5X increase from February 2022, when the total number of NFT platforms was just over 1...
Cryptocoins News / The Cointelegraph - 1 year ago
Finblox, a crypto-staking platform backed by Three Arrows Capital (3AC) has paused reward distributions and tightened its withdrawal limits. Following this, community members expressed concerns over their assets, with some calling for transparency a...
Cryptocoins News / The Cointelegraph - 1 year ago
Binance Labs, the venture capital and incubation arm of the Binance cryptocurrency exchange, continues its business as usual despite the ongoing bear market.
The VC firm is preparing to launch the fifth round of the Most Valuable Builder (MVB) accel...
Cryptocoins News / The Cointelegraph - 1 year ago
NFTNYC, one of the largest nonfungible token (NFT) events of the calendar year, is preparing to open its doors for a fourth year, celebrating the diversity of NFTs across sixteen sectors, including art, film, sports and ticketing.
Held from June 20...
Cryptocoins News / The Cointelegraph - 1 year ago
On Friday, Bifrost, a Web 3.0 derivatives protocol that provides decentralized cross-chain liquidity for staked assets, launched the updated Slot Liquidity Auction Protocol dubbed "SALP 2.0." Projects such as Moonbeam, Unique network, OAK network, P...
Cryptocoins News / The Cointelegraph - 1 year ago
On Friday, Bifrost, a Web 3.0 derivatives protocol that provides decentralized cross-chain liquidity for staked assets, launched the updated Slot Liquidity Auction Protocol dubbed "SALP 2.0." Projects such as Moonbeam, Unique network, OAK network, Po...
Cryptocoins News / The Cointelegraph - 1 year ago
The crypto sector may be maturing, but regulatory clarity around the treatment of digital assets continues to remain cumbersome.
This was recently highlighted by Commissioner Hester Peirce — also known as the United States Securities and Exchange C...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto startups have a significant role to play in the development of the entire blockchain industry. However, while many business owners have big ideas that aim to change the world, some fail to invest to develop the most critical aspects of a busi...
Cryptocoins News / The Cointelegraph - 1 year ago
The largest Bitcoin investment vehicle, the Grayscale Bitcoin Trust (GBTC), is now trading at its biggest ever discount to the spot market.
Data from on-chain analytics resource Coinglass shows GBTC shares down 34% versus Bitcoin (BTC)/USD on major...
Cryptocoins News / The Cointelegraph - 1 year ago
Panama’s President Laurentino Cortizo has partially vetoed Bill No. 697, dubbed the “crypto bill,” saying it requires more work to better fit Panama’s financial regulations.
President Cortizo previously warned in May he wouldn’t sign the bill unless...
Cryptocoins News / The Cointelegraph - 1 year ago
Billionaire Elon Musk, along with his companies SpaceX and Tesla Inc, are all being sued for an astonishing $258 billion in damages for being “engaged in a crypto pyramid scheme” involving Dogecoin (DOGE).
The damages sought are more than 34 times D...
Cryptocoins News / The Cointelegraph - 1 year ago
Billionaire crypto investor and owner of the Dallas Mavericks Mark Cuban says the current market downturn reminds him of a well-known adage uttered by Warren Buffett.
Cuban sees a parallel between the rise and fall of cryptocurrency markets and proj...
Cryptocoins News / The Cointelegraph - 1 year ago
Just two months after losing $15.6 million in a price oracle manipulation exploit, Inverse Finance has again been hit with a flashloan exploit that saw the attackers make off with $1.26 million in Tether (USDT) and Wrapped Bitcoin (WBTC).
Inverse Fi...
Cryptocoins News / The Cointelegraph - 1 year ago
Just two months after losing $15.6 million in a price oracle manipulation exploit, Inverse Finance has again been hit with a flash loan exploit that saw the attackers make off with $1.26 million in Tether (USDT) and Wrapped Bitcoin (wBTC).
Inverse F...
Cryptocoins News / The Cointelegraph - 1 year ago
Short-sellers have made a killing on various sectors of the United States stock market this year, but no other sector “held a candle” to the blockchain industry, with crypto company short-sellers profits up 126% in 2022, according to new data.
On Th...
Cryptocoins News / The Cointelegraph - 1 year ago
According to price data from CoinGecko compiled by CoinGoLive, the current bear market has seen a whopping 72 out of the top 100 tokens fall more than 90% from their all-time highs.
The larger-cap coins are faring better than most. Among the top 10...
Cryptocoins News / The Cointelegraph - 1 year ago
MakerDAO has voted to cut off lending platform Aave’s ability to generate Dai (DAI) for its lending pool without collateral as the risks of Celsius’s liquidity crisis loom large over the entire crypto ecosystem.The decentralized autonomous organizati...