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Ethereum Price Prediction – Can ETH Flip Bitcoin in 2023?
16.12.2022
ETH, the native cryptocurrency that powers the Ethereum blockchain, continues to suffer amid elevated post-hawkish Fed meeting sell pressure. ETH, otherwise known as Ether, was last down over 5.0% on Friday, having broken out to fresh monthly lows under its 21-Day Moving Average (DMA) earlier...
Raydium is attacked, loses $2 million
16.12.2022
The team said that authority over the automated market maker and farm programs have been paused, “for now.”
Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web
16.12.2022
The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR has been removed from the web. Mazars was conducting a number of POR audits for crypto exchanges like Binance, Crypto.com, and Kucoin following...
Only for foreign trade: Bank of Russia stands against free crypto investment
16.12.2022
The Russian government doesn’t want to enable Bitcoin for regular Russian people but exclusively for foreign trade entities
BitGo delivers 1st Avalanche staking solution from reputed custody
16.12.2022
BitGo, the entity which has, in the past, successfully stood by and held up the custody for AVAX C-chain, along with the assets created on the Avalanche chain, has now taken the initiative of delivering the very first and the sole Avalanche staking solution, from qualified custody. Further to...
ASIC commences penalty against 22-359MR Finder Wallet
16.12.2022
ASIC has filed a lawsuit against Finder Wallet after it is found offering unlicensed products to its customers. Other allegations surrounding Finder Wallet are that the platform has breached the conduct of disclosing the risk involved and did not comply with DDO about crypto-asset products. Finder...
Coinbase launches new asset recovery tool for ERC-20 tokens
16.12.2022
Coinbase takes the lead in the industry by becoming the first-ever crypto company to begin rolling out a new tool that helps users to recover up to 4,000 unsupported ERC-20 tokens. The move is indeed helpful, as tokens are often sent by mistake. It is difficult to recover those tokens due to their...
Binance proof-of-reserves removed from the auditor's site
16.12.2022
Mazars Group, known for its proof-of-reserve audit services for crypto companies, reportedly removed PoR audits from its site
Will Kusama (KSM) help to expand Polkadot?
16.12.2022
Kusama offers a public pre-production environment before releasing Polkadot projects on the network. It works as a sandbox for the developers and offers different facilities for testing before finalizing the design for Polkadot projects. KSM is a native coin of this network used to pay gas fees....
Crypto Futures ETFs Raise More Than $73 Million Ahead of Hong Kong Launch
16.12.2022
Hong Kong’s first crypto-based exchange-traded funds (ETFs) have attracted over $73 million ahead of their debut on the region’s stock exchange. The launch of the two ETFs tracking cryptocurrency futures listed in the United States comes despite the industry’s current troubles....
Could Rate That Crypto (RTC) be the crypto winter savior?
16.12.2022
There are over 21000 cryptocurrencies in existence at the last count. Not all of them are equally desirable, just as not all the real world’s currencies are on the same footing. Investors looking to enter the cryptoverse have a few questions: whether to buy a lot of one currency, divide their money...
Bank of Russia Moves to Safeguard Crypto Companies Against Sanctions
16.12.2022
The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses will be exempted from some reporting requirements as part of a regulatory relief intended to minimize the burden on financial organizations. Russia’s Central...
US Senators Unveil New Crypto Bill — Experts Call It the ‘Most Direct Attack’ on Personal Freedom and Privacy of Crypto Users
16.12.2022
Two U.S. senators, including Elizabeth Warren, have introduced a bipartisan bill for the regulation of cryptocurrency. The bill, titled “Digital Asset Anti-Money Laundering Act,” is “the most direct attack on the personal freedom and privacy of cryptocurrency users and developers...
Bitcoin Santa Claus rally, unlikely according to on-chain and derivatives data
15.12.2022
Data suggests that BTC’s rally to $18,300 is the only Santa Claus rally Bitcoin will see before the year ends
Amber Group acquires cryptocurrency platform Sparrow exchange: report
15.12.2022
The news comes after Amber Group reportedly pulled back expansion plans due to financial exposure in the FTX collapse
Take note of Oryen Network (ORY) as presale brings Klaytn (KLAY) and Aptos (APT) holders
15.12.2022
A particular decentralized financial protocol has been making rounds in the crypto space for the right reasons. The protocol accommodates innovative and value-generating features via a sustainable ecosystem. Oryen is the protocol to take note of as its presale gains the attention of the holders...
Report: Crypto Exchange Gemini Suffers From Data Breach, 5.7 Million Emails Allegedly Leaked
15.12.2022
According to a recent report, the cryptocurrency exchange Gemini suffered from a breach of data and reportedly 5.7 million emails were leaked. While Gemini has stated “some Gemini customers have recently been the target of phishing campaigns,” the exchange insisted that “no Gemini account...
Terra Luna Classic Price Prediction – How High Can LUNC Go in 2023?
15.12.2022
LUNC, the native token to the original Terra blockchain that experienced a catastrophic collapse in May 2021 after the UST algorithmic stablecoin lost its 1:1 peg to the US dollar, is ebbing lower on Wednesday, in tandem with bearish flows being felt across the cryptocurrency space....
Ethereum Price Prediction as ETH Sees $8.3 Billion Trading Volume Come In – Here’s Where It’s Heading Next
15.12.2022
ETH trading volumes remain elevated, with $8.3 billion worth of tokens changing hands in the last 24 hours according to CoinGecko, as the cryptocurrency continues to pull back from Wednesday’s pre-hawkish Fed meeting highs in the $1,350 area. At current levels in the $1,280s, ETH/USD has now pulled...
Microsoft bans cryptocurrency mining on cloud services
15.12.2022
Microsoft now requires users to obtain a written pre-approval from the firm in order to use Microsoft Azure for mining cryptocurrencies like Bitcoin