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Prosecutors Raid Home of Terra Co-Founder Daniel Shin as Do Kwon Returns to Twitter
22.7.2022
The South Korean prosecution service’s recent raid of 15 locations as part of the probe into the “Terra (LUNAC) incident” saw officers search the home of the Terraform Labs co-founder Daniel Shin.
Prosecutors are widely reported to be looking at evidence pertaining to figures at the top of...
Sell the news? Cardano price risks 20% drop despite Vasil hard fork euphoria
21.7.2022
ADA runs out of buyers despite the long-awaited Cardano hard fork going live potentially at the end of july
Local Tax 'First' for Digital Yuan as Pilot Continues to Broaden Scope
20.7.2022
Chinese citizens have begun using the digital yuan to pay “inter-city” tax bills – doing away with the need to conduct wire transfers to local tax authorities via banks.
Per the China Securities Network and the People’s Daily, the first person to use the digital CNY in such a manner was a...
S Korean Prosecutors Raid 15 Addresses, Including Major Crypto Exchanges, as Part of Terra Probe
20.7.2022
South Korean prosecutors have raided 15 locations in Seoul as part of their ongoing probe into the “Terra (LUNAC) incident” – and have seized documents and data from at least seven crypto exchanges, including the market-leading platforms Upbit and Bithumb....
Read More: S Korean Prosecutors Raid...
Bitcoin and Ethereum Target Additional Gains, DOGE Accelerates
20.7.2022
Bitcoin price gained pace and was able to clear the USD 23,500 resistance and almost touch USD 23,800. It is currently (11:45 UTC) trading near USD 23,650 and is up almost 7% in a day and 22% in a week.
Similarly, most major altcoins are eyeing more upsides. ETH is back near USD 1,600 and could...
Cardano Price to End Year at USD 0.63, Increasingly Bearish Panel Predicts
19.7.2022
A panel of crypto industry players surveyed by comparison website Finder.com has predicted that Cardano’s native token ADA could reach USD 0.63 by the end of the year – a significant downgrade from the previous prediction.
Judging from an average of the panelists’ responses, Cardano’s native token...
Ethereum Classic Rallies Again, Outperforms Ethereum YTD - But What History Shows?
19.7.2022
Ethereum classic (ETC), that was created after a hard fork of the original Ethereum (ETH) blockchain in 2016, is again rallying in the market and has now outperformed ETH on a year-to-date basis. However, history shows that ETC rallies rarely last.
Although prices of both coins are down...
Bitcoin and Ethereum Consolidate Gains, FTM Accelerates
19.7.2022
Bitcoin tested USD 22,800 before there was a downside correction. It is currently (11:27 UTC) consolidating near USD 21,900 and is down less than 1% in a day and up almost 10% in a week.
Similarly, most major altcoins are also consolidating gains. ETH rallied towards USD 1,620 before there was...
Crypto Listing and Delisting Announcements: Week 29
18.7.2022
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
XRP Fans Celebrate as Ripple Co-Founder Finally Dumps Remaining Tokens
18.7.2022
Jed McCaleb, the co-founder and ex-Chief Technical Officer of fintech firm Ripple, appears to have finished his infamous dumping of XRP tokens in the market, with a wallet he controls now showing a balance of just XRP 47.7, or just over 17 US dollars.
Per data from the blockchain explorer...
DeFi’s downturn deepens, but protocols with revenue and fee sharing could thrive
15.7.2022
It’s too early to know if DeFi is “dead,” but platforms that share revenue with liquidity providers and token holders could be the ones that survive the bear market
Prosecution ‘Investigating Still-Extant South Korean Terraform Subsidiary’, Exchanges Make Self-regulation Proposal
15.7.2022
South Korean prosecutors have reportedly uncovered evidence of an obscure Terraform Labs subsidiary that appears to exist only “on paper.”
Terraform, the company behind the LUNAC token, the UST stablecoin, and the new LUNA coin, shuttered its South Korean businesses back in April. But per...
3 reasons why Polygon (MATIC) is up 100%+ during a bear market
14.7.2022
Steady adoption and internal growth back MATIC’s 118% gain, even as most altcoins struggle to hold on to their short-term gains
Polygon rallies 22% on Disney invitation euphoria — will MATIC price gains swell in July?
14.7.2022
MATIC still awaits a decisive breakout after the Disney-led intraday rally, with the profit target sitting about 80% higher than current prices
CEL Crashes as Celsius Enters New Chapter of Its Saga and It's Restructuring
14.7.2022
After reportedly returning all of its debt to DeFi lending protocols, troubled crypto lender Celsius (CEL) said it has initiated voluntary Chapter 11 proceedings in the US in an attempt to stabilize its business. CEL dropped following the announcement.
At 03:03 UTC, CEL trades at USD 0.538 and...
Twitter vs. Elon Musk, Digital Euro's Phase 2, New Investments + More News
13.7.2022
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: Twitter vs. Elon Musk, Digital Euro's Phase 2, New Investments + More News
Dogecoin misses bullish target after Elon Musk snubs Twitter — what's next for DOGE price?
13.7.2022
The Tesla and SpaceX CEO had flirted with the idea of adding DOGE payments to Twitter
Here's the 'Final Guidance' on 'Stablecoin Arrangements' by BIS and IOSCO
13.7.2022
The Bank for International Settlements (BIS) wants to create a set of standards for the stablecoin industry that will cover payments, clearings, and settlements.
In a report released today and shared with Cryptonews.com, the BIS’ Committee on Payments and Market Infrastructures and...
Nervous Network (CKB) price posts double-digit gain after Godwoken layer 2 launch
12.7.2022
CKB booked a 35%+ gain after the release of its Godwoken L1 solution and the launch of a new NFT marketplace
Blockchain-based games see an uptick in users despite bear market conditions
12.7.2022
Data shows blockchain-based gaming protocols registered a steady uptick in daily active users and transactions despite the current bear market conditions