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Crypto.com Suspends Withdrawals After 'Unauthorized Activity'
17.1.2022
Major crypto platform Crypto.com has suspended withdrawals and says that all funds are safe after what has been described as “unauthorized activity” in a small number of user accounts.
The update from Crypto.com followed user reports from earlier today about unusual on-chain activity from...
Altcoins Gain Bigger Share in Payments, Crypto Spending on Luxury Goods Jumped in 2021 - BitPay
17.1.2022
Crypto payments processor BitPay says that the bitcoin (BTC) payments at merchants who use the company’s services dropped to 65% of all processed payments last year -- a decline from 92% in 2020. ...
Read More: Altcoins Gain Bigger Share in Payments, Crypto Spending on Luxury Goods Jumped...
Olympus Sheds 35% in Price and USD 474M in Market Cap as Whale Dumps the Coin
17.1.2022
OHM, the native token of decentralized finance (DeFi) protocol Olympus, plunged by nearly 35% at around 2 am UTC on January 17, as a whale unloaded OHM 82,526 (worth USD 13.3m at the time), which triggered a series of liquidations that exacerbated the price drop.
In terms of market...
Altcoin Roundup: 3 ways blockchain technology could further mainstream in 2022
15.1.2022
The trend of blockchain adoption is set to continue in 2022. Here are three sectors that are likely to pivot toward DLT solutions
Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch
14.1.2022
The bullish news comes months after the billionaire entrepreneur said DOGE was a better token to transact with than Bitcoin
3 reasons why Near Protocol (NEAR) just hit a new all-time high
14.1.2022
NEAR price enters price discovery following the successful completion of a $150 million funding round and exponential ecosystem growth
FTX Launches a USD 2B Blockchain & Web3 Fund
14.1.2022
Major crypto derivatives exchange FTX has launched a USD 2bn venture fund, FTX Ventures.
The new fund is focused on “backing the world's best teams building in the digital asset ecosystem,” the company said. It seeks to invest in multi-stage companies and projects, with the team stating that...
Here is how one algorithmic indicator anticipated multiple phases of FXS’ protracted rally
14.1.2022
Altcoins can rally for an infinite number of reasons, but some price spikes are more historically similar than others
Bitcoin and Ethereum Extend Decline, Dogecoin Rises
14.1.2022
Bitcoin price started a downside correction from USD 44,000. BTC traded below the USD 43,200 and USD 43,000 support levels. It is currently (11:30 UTC) trading below USD 42,500 and there is a risk of further downsides.
Similarly, most major altcoins are extending losses. ETH traded below the...
US Regulator Calls For Stablecoin Bank Regulation, Coordinated Regulatory Approach To Crypto
14.1.2022
Stabilizing stablecoins and paving the way for a coordinated and collaborative regulatory approach to cryptocurrencies should become the key focus of American regulators -- and bank regulation could provide stablecoin holders with more confidence and security, according to Michael J. Hsu, Acting...
Tether Freezes USD 160M-Heavy Addresses on Law Enforcement Request
14.1.2022
Stablecoin issuer Tether (USDT) froze three addresses on Ethereum (ETH), which together hold USD 160m worth of assets.
This has been confirmed by Tether, stating that they have done so upon request from law enforcement, per Coindesk.
Per data analytics site Bloxy, Tether itself has so...
Tesla Accepts Dogecoin Payments for its Merch, DOGE Rallies
14.1.2022
Electric vehicle maker Tesla is experimenting with dogecoin (DOGE) payments, opening up a range of products to the cryptocurrency’s users....
Read More: Tesla Accepts Dogecoin Payments for its Merch, DOGE Rallies
Prosecutors Want to Put ‘Bogus’ Crypto Exchange Chiefs Behind Bars for Life in Legal First
14.1.2022
The seven alleged ringleaders behind VGlobal, a suspected high-profile South Korean scam crypto exchange that allegedly sucked in some 52,419 investors in South Korea to the tune of USD 2bn, could be handed life sentences, marking a new legal first for fraudsters operating in the sector....
Read...
Ascending channel pattern sets Polygon (MATIC) up for a potential 30% rally
13.1.2022
A bullish technical analysis pattern and the potential approval of the EIP-1559 proposal could back MATIC’s attempt to rally to a new all-time high
BIS Claims a CBDC Interoperability Victory – While US Congressman Bids to Block Digital USD
13.1.2022
The Bank for International Settlements (BIS) says it has made another breakthrough in its central bank digital currency (CBDC) interoperability project – claiming that it has “successfully tested” the integration of wholesale CBDC settlement with commercial banks....
Read More: BIS Claims a CBDC...
The expanding Cosmos: Here’s why Osmosis (OSMO) hit a new all-time high
12.1.2022
Aggregate trading volumes and TVL in the Cosmos ecosystem are lifting the same metrics at Osmosis DEX, resulting in OSMO price hitting new all-time highs
Banks Launch Stablecoin Consortium, Crypto Regulatory Discussion in Hong Kong + More News
12.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Banks Launch Stablecoin Consortium, Crypto Regulatory Discussion in Hong Kong + More News
Bitcoin and Ethereum Target Additional Gains, Altcoins Accelerate
12.1.2022
Bitcoin price remained in a positive zone above the USD 42,000 level. BTC is currently (12:27 PM UTC) showing positive signs and it even spiked above USD 43,000. A daily close above USD 43,000 might push the price towards the USD 45,000 level.
Similarly, most major altcoins are recovering...
Iran Reportedly Set to Allow Digital Currencies Usage for International Payments
11.1.2022
Iran is reportedly set to finalize a scheme that would allow merchants to use digital currencies in international trades.
According to a local media outlet, Alireza Peyman Pak, head of the Trade Promotion Organization of Iran, said that the country's Central Bank reached an agreement with...
Elrond Network Acquires Web3 Payment Solution Utrust, UTK Rallies
11.1.2022
Internet-scale blockchain Elrond Network (EGLD) announced the acquisition of Web3 cryptocurrency payment solution Utrust (UTK) for an undisclosed amount.
At 10:40 UTC, EGLD is trading at USD 198 – it’s up 2% in a day and down 16% in a week. It has appreciated 445% over the past year. UTK...