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Tether is Fully Backed, Has ‘Never Failed a Redemption,’ CTO Tells Short Sellers
28.6.2022
Hedge funds that are attempting to make money by shorting the stablecoin tether (USDT) believe in the anti-tether ‘FUD’ (fear, uncertainty, and doubt) that is being spread, despite efforts to increase transparency, Tether chief technology officer Paolo Ardoino has said....
Read More: Tether...
CoinFLEX's USD 47M Recovery Token Plan Questioned by Crypto Observers
28.6.2022
Crypto derivatives exchange and yield platform CoinFLEX aims to turn the debt of a "high integrity" individual into a token called Recovery Value USD (rvUSD) in order to fund other customers' withdrawals. Not everyone is impressed with these plans.
The exchange will issue rvUSD 47m at a price...
Crypto Exchange That Hosted a Scammer’s Wallet Is ‘Not Liable’ For Victim’s Losses, Court Rules
28.6.2022
A South Korean judge has ruled that a domestic crypto exchange is not liable for the actions of a voice phishing scam gang who transferred their victims’ coins onto its platform.
According to Newsis, an individual named only as 'B' for legal reasons claimed they had been the victim of...
Crypto Listing and Delisting Announcements: Week 26
27.6.2022
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....
Terra's LUNA2 skyrockets 70% in nine days despite persistent sell-off risks
27.6.2022
LUNA2 may have bottomed in June but who just who is buying this controversial token?
Mike Novogratz Now Admits That Terra's Model Was Unsustainable
27.6.2022
Galaxy Digital CEO Mike Novogratz has said that although he was “worried about the macro environment,” he was hoping bitcoin (BTC) “would stay in the USD 30,000 to USD 50,000 range.” At the same time, he argued that the model his once-favorite crypto Terra (LUNA) was built on was unsustainable....
Anonymous Pledges to Reveal 'Do Kwon’s Entire History' Since He Entered Crypto
27.6.2022
Hacktivist group Anonymous has vowed to look into the actions of Terra (LUNA) co-founder Do Kwon since he entered the crypto space in a bid to expose his alleged crimes.
A video purportedly coming from the hacker group said that,
“Anonymous is looking into Do Kwon’s entire history since...
Dogecoin price could rally 20% in July with this bullish reversal pattern
27.6.2022
DOGE's bullish pattern has reached its profit target 79 out of a hundred times in its financial history
ONE Keeps Trending Lower while Harmony Offers Hacker USD 1M in Bounty for Return of Funds
27.6.2022
The team behind the layer-1 blockchain Harmony (ONE) has offered the Horizon Bridge hacker USD 1m in bounty for the return of some USD 100m in stolen funds.
"We commit to a [USD] 1M bounty for the return of Horizon bridge funds and sharing exploit information," Harmony said in a Twitter post...
Lending Tokens See Broad Declines in June, But One Altcoin Stands Out
24.6.2022
Lending and borrowing in the crypto space are facing scrutiny, with many blaming just that activity for the latest crypto market sell-off. But how have the tokens in this category really performed during the market rout?
We took a look to find out.
The list contains tokens in the Lending...
Here's What Cardano's Hoskinson Told Congressmen
24.6.2022
US lawmakers should create a regulatory framework for the crypto industry, but ensuring compliance ought to be delegated to industry players with the use of relevant software, according to Charles Hoskinson, co-founder of the Cardano (ADA) platform and CEO of blockchain consultancy and research...
XRP price rally stalls near key level that last time triggered a 65% crash
24.6.2022
Macro risks and a long-term bearish setup continue to spoil XRP's bullish prospects
Solana Labs, Smartphone Maker Osom Team up to Unveil Web3-ready Handset
24.6.2022
Solana Labs, the firm behind the Solana (SOL) blockchain, says it will launch an Android mobile phone for the Solana network – and aims to ship the device to customers as early as next year.
The device will be called Saga and should feature crypto wallet functions, as well as a mobile software...
Polygon price jumps 60% in four days amid 'pretty big' MATIC accumulation
23.6.2022
MATIC price now eyes a 20% price rally as it undergoes an inverse head and shoulders breakout
Popular Meme Coin Dogecoin Used in 'Most Serious' Crimes
23.6.2022
Dogecoin (DOGE), the world's largest meme coin in terms of market capitalization, is being used by illicit actors in the "most serious types of crime," according to a recent report from blockchain analytics firm Elliptic.
The report states that as dogecoin gained popularity as a means...
Do Kwon Says He’s No Fraudster and Has ‘Great Confidence’ in Terra 2.0
23.6.2022
Do Kwon, the co-founder of Terraform Labs has spoken out about the Terra 2.0 network, which was launched in the wake of last month’s devastating luna classic (LUNAC) and terraUSD (UST) crash.
Speaking to the Wall Street Journal, Kown said he had “great confidence” in his team’s “ability...
Tether Launches GBP-pegged Stablecoin, Supports UK Plan to Become ‘Cryptoasset Hub’
22.6.2022
The stablecoin issuer Tether, known as the company behind the world’s largest stablecoin USDT, on Wednesday announced the launch of a new stablecoin pegged to the British pound.
The pound-pegged coin is called GBP₮ (GBPT), and will initially live on the Ethereum (ETH) blockchain, Tether’s...
Crypto influencers allegedly weaponize conspiracies to fleece QAnon followers
22.6.2022
Mixing conspiracy theories, a distrust for traditional institutions and hopium in crypto, two influencers are alleged to have made millions using pump-and-dump schemes
Chinese Digital Yuan Spending on the Rise Despite COVID-19-induced Slump
22.6.2022
Digital yuan usage has grown x18 in the past 12 months in China – as the central bank-issued token continues to find new users.
According to the central People’s Bank of China, transaction volumes reached the USD 13 billion mark at the end of last year, with a total of 261 million personal...
Bitcoin price taps 5-day highs as Shiba Inu leads altcoin gains
21.6.2022
Crypto markets make the most of respite after BTC price action bounces from its lowest since November 2020