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Exness Registers a $2.8T Trading Volume in August
19.9.2022
Exness, a commercial brokerage with its headquarters in Cyprus, defied market norms in August by managing $2.81 trillion in trading activity. Exness had its highest monthly numbers to date, while most of its rivals recorded a monthly decline in activity due to the summer vacations. Every month,...
Argentine Inflation Skyrockets to Almost 80% YoY as Crypto Adoption Grows
19.9.2022
Argentine inflation numbers were revealed last week, with the interannual Consumer Price Index (CPI) registering record levels reaching 78.5%. This puts the country second only to Venezuela in Latam in terms of high inflation, with prices rising almost 8% during August, hitting the pockets...
What Went Wrong That Led to the Binance Helium $22 Million Accounting Mishap
19.9.2022
Four Binance.us customers have unexpectedly received a total of almost $22 million in cryptocurrency, after the crypto-exchange erroneously credited holders of Helium's new MOBILE token with the more valuable helium (HNT) token instead. It appears that most of the mistakenly credited HNT has been...
UK Financial Regulator Issues Warning Against FTX Crypto Exchange
19.9.2022
The UK's Financial Conduct Authority (FCA) has issue a warning to consumers not to conduct any business with the FTX crypto exchange.
In a statement first issued on 16 September, the FCA states that "This firm is not authorised by us and is targeting people in the UK."
The regulator issues...
Nansen Introduces Research Portal- The Direct Path to Alpha
19.9.2022
Nansen’s new Research Portal is your full-service resource for specialized and carefully curated on-chain research and insights. Success in investments depends on looking forward, but finding the signal among the noise can be challenging. Cryptocurrency is becoming volatile every day, but...
BadgerDAO Detects a Phishing Scam and Warns Users to Be Wary
19.9.2022
BadgerDAO recently unraveled a phishing scam where bad actors took over the Discord invite link and redirected users to a fraudulent server. The intention was to steal their information and, thereby, their funds. All the users have been advised to note that discord.gg/badgerdao is the only official...
J-pop to Go Crypto with IEO-funded Idol Group to Debut in 2023
19.9.2022
J-pop is ready to take the crypto plunge, with Japan’s biggest pop producer set to debut a new “idol group” (a boy band or girlgroup) in the metaverse – a project that will be funded through an initial exchange offering (IEO).
In a press release, a Japanese crypto-pop crossover project named...
Crypto Prices Are Crashing Because of What’s Coming on Wednesday
19.9.2022
The week is off with bulk of the cryptocurrency market trading in the red, which is largely attributed to the upcoming rate hike announcement from the U.S. Federal Reserve Bank.
According to a report by Yahoo Finance, Fed officials are expected to deliver a third-straight 75-basis-point increase...
Market Concerns Cause Crypto Market Cap to Fall Below $950 Billion
19.9.2022
Digital currency is in the freefall condition as the market trends with a bearish tone, especially past 24 hours which have shown unexpected signs. The overall crypto market cap goes below the mark of $950 billion. Every cryptocurrency is aimlessly riding the bear despite holders hoping to recover...
Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge
19.9.2022
Miners in Vietnam have expressed grievances over the loss of business following Ethereum’s transition to a consensus mechanism that does not require the energy-intensive computing they were providing. Many are in trouble, local media reported, quoting entrepreneurs and mining enthusiasts....
Prosecutors Hunt for ‘Fugitive’ Do Kwon & Say He Left South Korea ‘in April’
19.9.2022
South Korean prosecutors have labeled the Terraform Labs CEO Do Kwon a “fugitive” – and have claimed that he fled South Korea in April – several days before the crash of Terra ecosystem coins like TerraUSD (UST)....
Read More: Prosecutors Hunt for ‘Fugitive’ Do Kwon & Say He Left South Korea...
Somnium Space WEB WORLDs Launched to Boost Metaverse Accessibility
19.9.2022
The very launch of Somnium Space WEB WORLDs and dedicating a custom game engine scene to it will ensure a radical shift in matters of approach and connectivity issues with the Metaverse. This will enable users to improve just about any Somnium Space Web parcel in unending detail, upscaling,...
British regulator lists FTX crypto exchange as 'unauthorized' firm
19.9.2022
The Financial Conduct Authority claims that the company “may be providing financial services or products without authorization.”
ETHW confirms contract vulnerability exploit, dismisses replay attack claims
19.9.2022
The proof-of-work fork of the Ethereum blockchain was targeted by a cross-chain contract exploit
Crypto market bloodbath leads to $432M in liquidation
19.9.2022
The current market downturn is being attributed to a number of macroeconomic factors, such as higher-than-expected CPI data and a possible biggest Fed rate hike in 40 years
Working Group to Develop Efficiency Standard for Crypto Mining in Russia
19.9.2022
Crypto industry experts have formed a working group to draft a standard for energy-efficient and profitable cryptocurrency mining in Russia. The rules will aim to help developers and data center operators offer investors increased hardware uptime. Russia Prepares to Improve Efficiency of Mining...
Joseph Lubin’s Infura Plans to Create an Amazon Web Services for Ethereum Nodes
19.9.2022
In response to the most complex upgrade to occur to Ethereum up to now, infrastructure provider Infura is developing a decentralized version of its service that provides scalable Ethereum infrastructure and Web3 developer application programing interfaces (APIs). The company is controlled by Joseph...
Tedtalksmacro Shares Bitcoin Prediction for FOMC Day - Buy the Dip?
19.9.2022
Crypto analyst Ted Talks Macro (@tedtalksmacro) posted a tweet thread with a FOMC Bitcoin price prediction - that BTC could potentially rally post FOMC.
The results of the next FOMC meeting (Federal Open Market Committee) will be announced Wednesday, September 21st.
Ted Talks Macro's thesis...
Ripple, SEC Seek Summary Judgement to End Case Soon and Why That’s Likely Bullish for XRP
19.9.2022
In another installment of the long-term legal battle pitting U.S. blockchain company Ripple against the U.S. Securities and Exchange Commission (SEC), both entities have asked for a swift judgment in the agency’s case against the company. ...
Read More: Ripple, SEC Seek Summary Judgement to...
Nigerian Inflation Rate Rises to 20.52% in August — Month-on-Month Rate Drops
19.9.2022
While Nigeria’s year-on-year inflation rose for the seventh straight month to 20.52% in August 2022, the latest data from Nigeria’s National Bureau of Statistics shows that the month-on-month rate declined from 1.82% to 1.77% during the same period. The depreciation of the local...