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Polygon’s zkEVM Public Testnet to enable smoother Ethereum migration
10.10.2022
Defi protocols Aave and Uniswap, along with other projects, will be among the first projects to deploy on the zkEVM testnet
Bitcoin price poised for 'very big move' as CPI due to spark volatility
10.10.2022
BTC price action may stay cool until October 12, one analyst argues, as a historical volatility indicator prints a rare warning signal
Shiba Inu Price Prediction - Is SHIB About to Pump This Week?
10.10.2022
Shiba Inu has endured another day of sideways and downwards action as the meme coin continues to struggle to maintain any momentum.
As CryptoNews reported last week, the SHIB community has had some exciting announcements in recent weeks but none that have prompted any significant gains.
The coin...
Bitcoin Price May Be Nearing Bottom if these Drilling Analogy Metrics Are Correct
10.10.2022
If there’s one thing practically every cryptocurrency holder or speculator has attempted to do, it's predict or identify the bottom of a bear market for the bitcoin price.
Given that the delta between a trough and a subsequent all-time price high can be in the range of tens to hundreds...
Crypto News Summary: FTX V2 Announced, Transit Finance Hacker Returning Funds, Dapper Labs Restricts Russian Accounts
10.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: FTX V2 Announced, Transit Finance Hacker Returning Funds, Dapper Labs Restricts Russian Accounts
Bitcoin Mining Difficulty Surges to an All-Time High, Network Prints 2022’s Largest Retarget Increase
10.10.2022
Bitcoin’s mining difficulty reached an all-time high on October 10, which means it’s more difficult than ever before to mine the leading crypto asset. Following the difficulty reduction on September 27, the network’s mining difficulty increased 13.55% higher at block height...
Bitcoin Price Prediction - Max Pain is Sideways Chop Until 2024 - Bluntz
10.10.2022
Crypto analyst Bluntz (@SmartContracter) predicted Bitcoin will trade sideways in a range bound environment for 12 more months - so far, he's been accurate.
He posted the tweet below on August 29th, and six weeks on Bitcoin is still trading sideways between approximately $17,500, the 2022 yearly...
BNB Chain to boost European Web3 startups with DApp incubator program
10.10.2022
The incubator program focuses on EU-based startups building the next generation of Web3 consumer experiences with an emphasis on accessibility and scalability
Prosecutors Raid Three Bithumb ‘Affiliates’ as Shareholder Scrutiny Intensifies
10.10.2022
A number of South Korean firms related to the crypto exchange Bithumb – including the firm that owns a controlling share of its stock – have been raided by the prosecution service on embezzlement charges....
Read More: Prosecutors Raid Three Bithumb ‘Affiliates’ as Shareholder Scrutiny Intensifies
BNB Chain Back Online Following $568 Million Exploit
10.10.2022
BNB Chain, the native blockchain behind the Binance crypto exchange, has come back online after being suspended due to an exploit that drained around $600 million in crypto assets.
On October 6, Binance announced the suspension of deposits and withdrawals from its BNB chain after it identified...
ZebPay Applies for Regulatory License in Singapore, Plans for UAE
10.10.2022
ZebPay, an India-focused cryptocurrency exchange, recently applied for an operational license in Singapore. The platform has also planned to perform the same in the United Arab Emirates. The development comes to light amidst a sharp trading volume dip, which goes as high as 90%. The move is viable...
Lido Finance Expands onto L2 Solutions with wstETH Farms on KyberSwap
10.10.2022
Lido Finance [LDO], the top Ethereum [ETH] stake platform, announced the debut of Ethereum, holding on layer2 scaling alternatives with token bridging to Arbitrum One plus Optimism on KyberSwap in a sequence of posts on Twitter on October 6th, 2022. Each stETH token represents one ether (ETH) token...
Sovryn Network Encounters First Successful Attack After 2 Years
10.10.2022
Sovryn Network recently announced encountering a successful attack after two years of operation. Safety measures placed on the platform kept the exploit limited, resulting in a substantial recovery of funds. The attack was aimed at the legacy Lend protocol to withdraw funds illegally. Developers...
InfinitySwap Collaborates With Canister App
10.10.2022
InfinitySwap, a well-known real-time crypto update platform, is paired with Canister App, a decentralized platform to provide enhanced features and a developed Internet Computer ecosystem. Max Chamberlin, CEO of InfinitySwap, said their vision is to provide people with access to the best...
Demand for talent in crypto less dependent on market as industry matures
10.10.2022
Historically, bear and bull market cycles in crypto tend to correlate with the amount of talent that enters the space
Bitcoin Price and Ethereum Forecast – Can BTC Hit $30,000 This Month?
10.10.2022
The cryptocurrency market was slightly bearish during the early European session, with the global crypto market cap falling from $944 billion to $936 billion. Bitcoin, the leading cryptocurrency, is still trading near $19,349.19, down 0.88% so far. Similarly, Ethereum is trading sideways, with...
Record Number of Brazilian Companies Holding Crypto – Bitcoin and Tether Lead Adoption
10.10.2022
The number of companies in Brazil holding cryptoassets hit an all-time high in August, with bitcoin (BTC) and tether (USDT) standing at the top of the adoption list.
Per the local media, Receita Federal do Brasil (RFB), or the Federal Revenue of Brazil, which is the country’s tax authority...
Quant (QNT) Reaches Its Strong Resistance Level of 2022!
10.10.2022
Quant project is a blockchain space that aims to solve interoperability issues by creating a specific operating system. It uses distributed ledger technology to bridge the connectivity gap between various blockchain networks. Hence, the foundation for this entire network is the operating system...
XRP Price Rises to $0.5 Due to the Hope of Ripple Win!
10.10.2022
Ripple is a decentralized cryptocurrency created by the US-based company Ripple Labs. It aims to become a decentralized digital asset for global payments. Banks charge higher fees for global payments, but users can send money easily at a lower cost using the Ripple platform. However, banks take...
Maker (MKR) Surpasses 200 EMA and Faces Profit Booking!
10.10.2022
Maker token is the utility cum governance token of MakerDAO and Maker Protocol, based on the Ethereum blockchain to control and manage DAI stablecoin. DAI stablecoin closely monitors the US dollar, which in turn maintains the confluence of all the stablecoins and cryptocurrencies. Since the Maker...