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Hackers Steal $21 Million by Exploiting a Flaw in Transit Swap
3.10.2022
Transit Swap published a Tweet to share the news that a hacker had recently stolen $21 million from its network. Reportedly, the hacker exploited the bug issue on the Swap contract to steal funds. An investigation is underway to track the hacker and recover funds. Nearly 70% of funds have returned...
Robert Kiyosaki calls Bitcoin a ‘buying opportunity’ as US dollar surges
3.10.2022
The best-selling author of Rich Dad Poor Dad has tipped Bitcoin and two other commodities as buying opportunities, noting a U.S. dollar crash could occur by January
9 Out of the Top 12 Crypto Assets Are Down 70% to 90% Lower Than the All-Time Highs Recorded Last Year
2.10.2022
274 days or roughly nine months ago, the crypto economy was worth $2.34 trillion and at $967 billion the aggregate value of all 13,192 crypto assets is $1.48 trillion less. Most of the top digital currencies tapped an all-time price high in November 2021 and today, a great majority of the...
Ruble Surges Against Greenback, Ethiopian Birr Exchange Rate Gap Widens; Kiyosaki: The ‘End Is Here’ for Fake Money — Week in Review
2.10.2022
Rumors of expanding war, massive inflation destroying people’s purchasing power, and widespread volatility in the world of fiat currencies shaped the news this past week, with similarly dynamic developments in the world of cryptocurrency. Rich Dad Poor Dad author Robert Kiyosaki says...
Central banks can push DeFi into mainstream: Swiss National Bank official
30.9.2022
A combination of centralization and decentralization is a perfect mix for the development of crypto and DeFi, according to a Swiss National Bank official
Bitcoin's Bullish Seasonality Muddled by Continued Slide in 'USD Liquidity Index'
30.9.2022
Bitcoin has put in a positive performance in October in eight out of the past 12 years. However, the bullish seasonality may not play out this year, thanks to the declining USD liquidity
Unknown Collector Uses Mutant Ape NFTs to Purchase a Third in a $1.3M Deal
30.9.2022
An unnamed and anonymous collector successfully negotiated a deal with the Mutant Ape to purchase one-third of a whopping $1.3 million. As a result of this excellent outcome, the Mutant Ape NFTs have been automatically significantly reinforced. This unknown face, most likely in the shape...
Can Helium (HNT) Cross $10 in the Next Few Months?
30.9.2022
As a blockchain-based protocol, Helium is popular because it is one of the few projects that focus mainly on the Internet of Things industry. It has a Helium hotspot that works as an internet router. These nodes provide the users with cheaper and broader internet access. It runs on a global...
Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements
30.9.2022
On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier...
Chinese Central Bank Says It Will Prioritize Stabilizing Currency After Yuan Plunges to 14-Year Low Versus USD
29.9.2022
Moments after the Chinese yuan’s onshore exchange rate versus the U.S. dollar slumped to 7.2458 per dollar, the Peoples Bank of China responded by stating that it will prioritize stabilizing the currency. Similar to other currencies that have been depreciating against the dollar, the yuan...
Hong Kong Protects Local Currency in Forex Market Amid Capital Flight to US Dollar
29.9.2022
Following the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the foreign exchange market last week, the Hong Kong Monetary Authority (HKMA) revealed it intervened in forex markets on Wednesday. Hong Kong’s central bank...
Maker Price Breaches $720; What Will MKR Be Worth in 2022?
29.9.2022
Maker DAO and its corresponding stablecoin DAI have been under strict scrutiny as LUNA’s stablecoin declines and impact other similar projects. Holding Maker allows you to have a say in the governance of Maker DAO and Maker Protocol by using voting rights for token holdings. In turn, Maker allows...
Russia unlikely to choose Bitcoin for cross-border crypto payments: Analysis
29.9.2022
Bitcoin looks suitable for Russia’s crypto cross-border payments at first glance, but there are many reasons why such a choice is highly questionable
M-Ventures Under MEXC Completes Brand Upgrade, with Capital Scale Reaching $200M
29.9.2022
On Sept. 28, during the Token2049 event in Singapore, MEXC Exchange officially announced at the MEXC afterparty “M&M Launcher” that its fund was officially upgraded to M-Ventures and a new management team. The upgraded M-Ventures is a comprehensive fund committed to empowering innovations...
Robinhood and Circle Partner to Let Exchange and Wallet Users Utilize the Stablecoin USDC
29.9.2022
After Robinhood Markets launched the company’s beta Web3 wallet on Tuesday and listed the stablecoin usd coin on the exchange platform Robinhood Crypto last week, the company announced a strategic partnership with Circle Financial. The deal revealed on Wednesday will provide Robinhood Crypto...
Circle Product VP: USDC chain expansion part of 'multichain' vision
29.9.2022
Speaking with Cointelegraph, Circle’s vice president of Product Joao Reginatto emphasized that devs soon won’t care what blockchain they build on, as interoperability will be key
Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Days
29.9.2022
Just over two months or approximately 83 days ago, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market capitalization, USDC has been above...
Korean Authorities Seize $67 Million in Bitcoin Linked to Do Kwon
28.9.2022
The securities violation case surrounding Terra has been complicated even further. The South Korean authorities recently requested KuCoin and OKX to freeze over 3,313 Bitcoin allegedly tied to Do Kwon. The reported BTC amounts to over 67 million dollars as of September 28. The Co-Founder of Terra...
Seed Funding for Bitquery Amounts to $8.5Million, Led by Binance Labs
28.9.2022
Bitquery recently concluded a funding round where it raised an investment worth $8.5 million. The funding round was led by Binance Labs along with Susquehanna, dao5, INCE Capital, DHVC, and angel investors from Google. Funds raised by Bitquery will be used to expand the venture’s data coverage...
UFC fighter El Ninja to become first argentinian athlete paid in crypto
27.9.2022
Beyond the Octagon, Guido Cannetti fights Argentina's 78% inflation rate with USDC stablecoin