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Canadian Youth Arrested Over USD 36.4M Crypto Theft
18.11.2021
A Hamilton youngster has been arrested for alleged involvement in the theft of over USD 36.5m worth of digital assets - the biggest theft reported by one person.
Hamilton is a port city in the Canadian province of Ontario. The arrest came as a result of a joint investigation between Hamilton...
With Over USD 40M Raised, DAO is On the Cusp of Buying a Copy of US Constitution
18.11.2021
ConstitutionDAO, a decentralized autonomous organization (DAO) that was formed to pool funds in an effort to bid on a rare, first-edition printed copy of the US Constitution, has raised over USD 40m - two times more than the auction house Sotheby’s upper estimate....
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pSTAKE Raises $10M for Bootstrapping Liquid Staking Protocol
17.11.2021
pSTAKE, a carefully designed product, helps to overcome the issues of PoS staking while also improving the experience of the consumer to encourage widespread adoption. With pSTAKE’s TVL now over $30 million, our concept has caught the attention of some of the industry’s top names,...
KuCoin Makes a USD 100M Bet on Metaverse
17.11.2021
The investment and research arm of KuCoin exchange, KuCoin Labs, has launched a USD 100m fund to support metaverse-related projects and promote the metaverse education programs, assisting the public - particularly the younger generation - get acquainted with this new concept. ...
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CRO Rallies as Crypto.com Scores USD 700M Arena Deal
17.11.2021
Crypto.com coin (CRO) has jumped nearly 10% in a day, following the news that the Singapore-headquartered crypto platform Crypto.com has signed a deal with sports and live entertainment group AEG to secure the naming rights for the famous Staples Center.
At 8:43 UTC, CRO was trading at USD 0.458...
Bitcoin Below USD 60K, Ethereum and Major Altcoins Drop Against BTC
17.11.2021
Bitcoin price continued its decline below the USD 62,000 support and broke the USD 60,000 support to enter a bearish zone. It is currently (04:20 UTC) showing bearish signs.
Besides, most major altcoins are also showing bearish signs and dropping against BTC. BTC is down by almost 3% in a...
In-person Tether Swap Turns into Bloody Kidnap Ordeal for USD 3M Crypto Trader
17.11.2021
Bitcoin (BTC) holders are not the only ones in danger of kidnap attempts – stablecoin advocates are also falling victim to opportunistic attackers hoping to get their hands on these coins.
Per the Hong Kong-based media outlet Ta Kung Pao, criminals are continuing to target traders...
Crypto Markets Shed Billions Overnight — Analyst Says ‘Drawdown Normal’ and ‘Bull Market Structure Still Intact’
16.11.2021
Cryptocurrency markets have dropped significantly in value during the last 24 hours as the entire market capitalization of all 10,000 crypto assets in existence has dropped below the $3 trillion mark to $2.77 trillion on Tuesday morning (EST). After tapping $66K on Monday, bitcoin’s price...
Bitcoin Around $60K Is a ‘Great Buy’ Before Next Surge
16.11.2021
Bitcoin followers finally have something to celebrate. Thanks to the Taproot upgrade. Taproot upgrade was activated at block 709,632 on November 4, 2021. Now, it allows faster and cheaper transaction fees, greater transaction privacy, and efficiency. However, the most interesting part of this...
Bitcoin Testing USD 60K, Ethereum and Altcoins Trying to Recover
16.11.2021
Bitcoin price started a strong decline below the USD 62,000 support level. BTC even traded below USD 60,000 to move further into a bearish zone. It is currently (11:20 UTC) trying to recover and is nearing USD 60,300.
Similarly, most major altcoins are also trying to recover losses. ETH declined...
A 'DAO' Has Raised Over USD 2.7M to Acquire a Rare Print of US Constitution
15.11.2021
A new decentralized autonomous organization (DAO) has been organized to raise funds in an effort to bid on a first-edition printed copy of the US Constitution which will be up for auction at major auction house Sotheby’s on November 18.
ConstitutionDAO aims to pool money using an Ethereum (ETH)...
Ethereum Foundation Sends USD 95M in ETH to Kraken
12.11.2021
An Ethereum (ETH) transaction of ETH 20,000 (USD 95m) has been made from a wallet belonging to the Ethereum Foundation to the crypto exchange Kraken, public blockchain data shows. Meanwhile, there's been no word from the Foundation on what the large transfer is for....
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If Stablecoins Are Going to Be Regulated Like Banks, They Should Enjoy All the Benefits
11.11.2021
The U.S. Treasury Department proposed regulating stablecoin issuers as banking institutions, which may be a great idea if stablecoin issuers are offered the same privileges as regulated banks. US Treasury Department Report: Stablecoins Regulation Is Urgently Needed The rise of stablecoins within...
Largest Stablecoin by Market Cap Tether Launches on the Avalanche Network
10.11.2021
The largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The stablecoin tether has launched a myriad of blockchain networks and today there’s more than 74.8 billion tethers in circulation today. Tether Launches...
Ethereum Holds Potential to Hit $5K Despite Slight Decline
10.11.2021
Ethereum is not something one should ignore straight away. Be it the battle of smart contracts or mining-based cryptocurrency, the returns offered by ETH far exceed other cryptocurrencies. ETH now eyes the golden number of $5000, which will be its first step towards $10,000. Despite maintaining...
Beeple's ‘HUMAN ONE’ Physical and Digital Piece Sells for USD 28.9M
10.11.2021
HUMAN ONE, a new work by Mike Winkelmann, professionally known as Beeple, fetched USD 28.9m at major auction house Christie’s 21st Century Evening Sale, becoming the follow-up to the artist's record-breaking digital artwork sold back in March....
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XRP Nears its Immediate Resistance of $1.40; What’s Next?
9.11.2021
XRP has decimated its potential competitors via a wide margin and still holds the title of the most valuable fiat supporting cryptocurrency. Its value of $1.26 holds a combined market value of $59.38 billion, which puts it at the 7th position among the largest cryptocurrencies in terms...
Litecoin (LTC) Breaks From $200 and Trades Towards $250!
9.11.2021
Despite copying the king of crypto, Litecoin has made a position among the top 14 cryptocurrencies with a market value of $17.28. As of November 2021, Litecoin has a net circulating value of 82%, which comes to around 68,933,033 LTC, and this circulation is increasing with every block solved on...
Synapse Bridge prevents $8M USD hack
9.11.2021
Network validators were able to identify unusual activity in the platform’s AMM metapools and prevent the fraudulent transaction
Bitcoin Rallies Towards USD 69K, Ethereum Sets New ATH, Altcoins In Green
9.11.2021
Bitcoin price remained in a steady uptrend, and it broke the USD 66,000 level. BTC even surpassed the USD 68,000 level and traded to a new all-time high near USD 68,640. It is currently (04:17 UTC) consolidating gains above USD 68,500 and it could extend rally towards USD 69,000....
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