Cryptocoins News / The Cointelegraph - 1 year ago
Binance.US, the sister company of global cryptocurrency exchange Binance, is facing a class-action lawsuit from investors for the sale of LUNA and TerraUSD (UST).A group of investors filed a class-action lawsuit in the Northern District of California...
Cryptocoins News / The Cointelegraph - 1 year ago
As the bear market bites, holding crypto investments can be a tough pill to swallow. Consider two of the largest bag holders of publicly traded companies. They are down by almost $2 billion dollars on their Bitcoin (BTC) buys. According to Bitcointre...
Cryptocoins News / The Cointelegraph - 1 year ago
The ongoing crisis of Celsius’s native token has nothing to do with the stablecoin provider Tether and will not impact its USDT reserves, according to the company.Tether issued a statement on Monday regarding the major cryptocurrency lending platform...
Cryptocoins News / The Cointelegraph - 1 year ago
Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions.According to information obtained by the Renaissance Capital IPO monitoring to...
Cryptocoins News / The Cointelegraph - 1 year ago
Older Bitcoin (BTC) mining rigs are finding it difficult to generate positive revenues during the ongoing crypto market decline.75% drop in Bitcoin mining profitabilityThe profitability of many Application Specific Integrated Circuit (ASIC) machines...
Cryptocoins News / The Cointelegraph - 1 year ago
While the market has not yet fully recovered from the onslaught caused by the TerraUSD (UST) depeg, another stablecoin project shows signs of distress, causing fears and speculation within the community. Stablecoin protocol USDD’s price dipped to $0....
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto newcomers are troubled about deciding their next move as the market becomes unpredictable. Because of this, crypto community members handed out their advice to those trying to navigate through the cold crypto winter. In a Twitter thread, nonfu...
Cryptocoins News / The Cointelegraph - 1 year ago
There’s a glimmer of hope for the bear market’s most recent victim. Following reports that Celsius is insolvent, Nexo is offering a buy-out. A Nexo representative told Cointelegraph that Nexo is trying to do the “right thing” as they are “mindful of...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) faced continued selling pressure before the June 13 Wall Street open as Ether (ETH) revisited multiyear lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin battles for $24,000Data from Cointelegraph Markets Pro and T...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto exchange Binance announced they are ending support for Litecoin (LTC) transactions sent through the latest MimbleWimble (MWEB) upgrade.Binance warned that any transaction sent through the MWEB function would be lost since the crypto exchange c...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) hash rate, a network security measure based on computing power for mining, achieved a new all-time high (ATH) of 231.428 exahash per second (EH/s) amid an ongoing bear market that witnesses BTC price plunging below the critical $25,000...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) begins a new week with a totally different feel to last as BTC/USD seals its lowest weekly close since December 2020.A night of losses into June 13 means that the largest cryptocurrency is now edging closer to beating its ten-month lows...
Cryptocoins News / The Cointelegraph - 1 year ago
With the surging popularity of nonfungible tokens (NFTs), many have taken to “flipping” these assets as a trading strategy. Around 64% of people in a recent survey said their top reason for buying an NFT was “to make money.”Blockchain monitoring soft...
Cryptocoins News / The Cointelegraph - 1 year ago
Ethereum network developers have decided to delay the difficulty bomb, a major step leading up to the highly anticipated Merge upgrade for the layer-1 blockchain.They set the delay to two months in order to “be sure that we sanity check all the numbe...
Cryptocoins News / The Cointelegraph - 1 year ago
American food manufacturing and processing giant Kraft Foods Group has filed nonfungible token (NFT) and metaverse patents for several of its popular brands. The firm joins a host of mainstream companies such as Gatorade, Nike, Adidas and Coca-Cola t...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto staking and lending platform Celsius may be dealing with its rumored liquidity crisis by unstaking $247 million worth of Wrapped Bitcoin (wBTC) from Aave and sending it to the FTX exchange.Speculations among the crypto community are now flarin...
Cryptocoins News / The Cointelegraph - 1 year ago
Pennsylvania-based pharmacist Kenneth Kim had always “wanted to do something with crypto” that could “make the world a better place”. In 2019, he founded what is known today as Crypto for the Homeless (CFTHL), a New Jersey registered non–profit organ...
Cryptocoins News / The Cointelegraph - 1 year ago
Pennsylvania-based pharmacist Kenneth Kim had always “wanted to do something with crypto” that could “make the world a better place.”In 2019, he founded what is known today as Crypto for the Homeless (CFTHL), a New Jersey registered non–profit organi...
Cryptocoins News / The Cointelegraph - 1 year ago
As decentralized finance continues its victorious march — although the road is sometimes bumpy — some significant questions on its nature remain. How can DeFi applications be protected from becoming nonoperational under extreme stress? Is it really d...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) is threatening to drop to its worst weekly close since December of 2020. The crypto markets are in are held firmly in a vice grip, and the selling accelerated following a higher-than-expected inflation report from the United States on J...
Cryptocoins News / The Cointelegraph - 1 year ago
On June 2, 2022, the United States Commodity Futures Trading Commission (CFTC) initiated an action against Gemini, the crypto exchange founded by billionaire twins Tyler and Cameron Winklevoss. Among other things, the complaint alleges that Gemini ma...
Cryptocoins News / The Cointelegraph - 1 year ago
6. Gathering significant consensus within the community is the first step of the process. Sometimes, even the most valuable proposals can take years before they are approved or rejected because the community can’t find an agreement. On...
Cryptocoins News / The Cointelegraph - 1 year ago
Ethereum’s native token Ether (ETH) entered its “oversold” territory this June 12, for the first time since November 2018, according to its weekly relative strength index (RSI).
ETH eyes oversold bounceTraditional analysts consider an asset to be exc...
Cryptocoins News / The Cointelegraph - 1 year ago
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!This week, our 6 Questions go to Alex Wilson, co-founder of The Giving Block — a crypto d...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) saw further losses on June 12 as thin weekend trading volumes fueled an ongoing sell-off.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst likens risk asset 'pump' to 1929Data from Cointelegraph Markets Pro and TradingV...