Beleaguered DeFi project xToken suffers second major exploit since May
30.8.2021
xToken has been exploited for around $4.5 million following the latest attack targeting the DeFi protocol’s smart contracts
Mining Hardware Thief Gets 3-Year Sentence in Russia
30.8.2021
Russian authorities have investigated a number of cases involving the theft of crypto mining equipment in the past months. A resident of Yaroslavl has just been found guilty of stealing mining hardware worth over $20,000 and sentenced to three years in prison. Russian Convicted of Stealing Mining...
Epic NFT Heroes Formula: NFT Collectibles, Gaming Metaverse, a Play-to-Earn Model and Yield Farming
30.8.2021
With the trading volume and number of NFT projects always on the increase, it’s getting harder and harder to compete for users and bring innovative products to the market. One project is about to shake the NFT gaming and collectibles industry, setting the bar high for all market players....
Bitcoin and Ethereum Stuck In Range, Altcoins Consolidate
30.8.2021
Bitcoin price managed to stay above the USD 47,200 support zone. BTC climbed higher, but there was no upside continuation above USD 49,500. The price started a fresh decline within a range and it is currently (04:28 UTC) trading below the USD 48,500 support zone.
Similarly, most major altcoins...
IMF: Bitcoin Is Privately Issued Crypto With Substantial Risks, Inadvisable as Legal Tender
30.8.2021
The International Monetary Fund (IMF) says that crypto assets, like bitcoin, are privately issued with substantial risks, and “Making them equivalent to a national currency is an inadvisable shortcut.” The crypto community disagrees. IMF Claims Bitcoin Is Privately Issued Crypto With...
Crypto Assets: Securities or Commodities? Commissioner Explains How They Are Regulated in US
30.8.2021
A commissioner with the U.S. Commodity Futures Trading Commission (CFTC) has detailed how crypto assets are regulated in the U.S. and whether they fall under the jurisdiction of the CFTC or the Securities and Exchange Commission (SEC). “There has often been a grossly inaccurate...
Safemoon Product Launch Hits a Snag, Project Bombarded by Accusations, Community Deflects Criticism
30.8.2021
A cryptocurrency project called Safemoon has been trending in forums and social media in recent times, as the crypto asset team promised a few new products, but the team claims that the launch has seen difficulties. This weekend, a post published to the subreddit forum r/cryptocurrency claims...
Kava Swap Lists on AscendEX
30.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
AscendEX, a global digital asset trading platform with a comprehensive product suite, is thrilled to announce the listing of the Kava Swap token (SWP) under the pair USDT/SWP on Aug 31 at 1 p.m. UTC....
Latin America Sees Fintech Boom, and Global Investors Love It
30.8.2021
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
Latin America'sFfintech sector is booming lately, and global investors are taking notice of it and investing accordingly. Data shows that over 7 billion USD were invested into financial...
XinFin (XDC) hits a new ATH after fresh partnerships and exchange listings
30.8.2021
XDC price soared to a new all-time high shortly after a round of new partnerships, protocol integrations and exchange listings
Plan B’s Stock-to-Flow Bitcoin Price Model ‘Predicts $100K by Christmas,’ S2F Creator Discusses ‘Time Model’
29.8.2021
The pseudo-anonymous bitcoin analyst called Plan B gave his 704,000 Twitter followers an update on the notorious stock-to-flow (S2F) bitcoin price model. Plan B stressed on August 27, that the “next months will be key” as he believes the bitcoin S2F model “predicts $100K...
Top 5 cryptocurrencies to watch this week: BTC, ADA, LUNA, VET, XTZ
29.8.2021
Bitcoin’s consolidation near $50,000 reflects a steady market and this could attract buyers to altcoins like ADA, LUNA, VET and XTZ