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Celer Network shuts down bridge over potential DNS hijacking

18.8.2022
The platform asked users to revoke token approvals for smart contracts in several blockchains, including Ethereum and BSC

Crypto ad spending may be down, but awareness remains critical: Experts

18.8.2022
Though crypto television ad spending is down, crypto firms continue to see ad spending as important to keep their brands relevant during a down market

Chainalysis: Illicit Crypto Activity Falls — Scam Revenue 65% Lower Than Last Year

18.8.2022
Chainalysis has found that illicit crypto volumes are down this year, with total scam revenue sitting at $1.6 billion, 65% lower than where it was through the end of July last year. “Those numbers suggest that fewer people than ever are falling for cryptocurrency scams,”...

Another crypto CEO steps down as Genesis Trading restructures leadership

17.8.2022
Ignite CEO Peng Zhong, MicroStrategy CEO Michael Saylor, and now Genesis Trading CEO Michael Moro — top executives have departed crypto firms or stepped into advisory positions

Nasdaq-Listed Eqonex Closing Crypto Exchange Due to High Competition, Fallen Volumes

17.8.2022
The Nasdaq-listed firm Eqonex is closing its cryptocurrency exchange business. The company cited high competition among crypto trading platforms and fallen volumes as key reasons for shutting down its exchange. Eqonex Closing Crypto Exchange Eqonex Ltd. (Nasdaq: EQOS), a digital asset financial...

‘Down Infinite’: A Ham-Fisted Attempt to Rehabilitate Do Kwon’s Image

16.8.2022

US Dollar Strong Market Performance Brings Down the Euro Prices

16.8.2022
The previous week witnessed the gold prices rising in almost every trading session. At the start, the volatility was low since investors were waiting for the US inflation data to be released by the Federal Reserve. Since the gold prices were rising, traders assumed a slowdown in US inflation...

Tornado Cash Governance Token TORN Shudders More Than 57% Since the US Government Ban

13.8.2022
Amid the crackdown against Tornado Cash, associated addresses, contributing developers, and anyone who uses the mixing platform, the project’s governance token called TORN has shuddered in value. TORN is an ERC20 with a fixed supply that is leveraged for governance proposals and voting....

Tornado Cash DAO goes down without explanation following vote on treasury funds

12.8.2022
Github, Circle, dYdX, Alchemy, and Infura... All platforms have taken action against Tornado Cash or individuals connected to the mixer following U.S. sanctions

BlackRock Doubles Down on Bitcoin, UNCTD vs. Crypto, DoJ Not Happy With Celsius + More News

11.8.2022
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: BlackRock Doubles Down on Bitcoin, UNCTD vs. Crypto, DoJ Not Happy With Celsius + More News

Binance Among Crypto Exchanges Blocked as Uzbekistan Clamps Down

11.8.2022

Bakkt's Q2 Loss Narrows to $27.6M, Tones Down Yearly Guidance

11.8.2022
The firm lowered its yearly net revenue guidance to $57 million- $62 million

Chinese Web Censor Resolves to Keep Cracking Down on Crypto After Closing 12K Social Media Accounts

11.8.2022
China’s internet censor has struck again – and says it will continue to carry out a national crypto crackdown after closing thousands of crypto-related social media accounts and ordering the deletion of tens of thousands of crypto-themed posts.... Read More: Chinese Web Censor Resolves to Keep...

US Inflation Slows Down in July, Bitcoin and Ethereum Jump

10.8.2022
July’s US consumer price index (CPI) has seen a rise of 8.5%, or smaller than expected, suggesting an inflation peak and potential cool-off, after hitting 9.1% in June. (This is a developing story and will be updated as new details emerge.) Bloomberg-surveyed economists estimated that inflation...

Report: Nearly 13,000 Chinese Social Media Accounts Promoting Virtual Currency Closed

10.8.2022
Nearly 13,000 Chinese social media accounts that allegedly promoted virtual currency investments were closed, the Cyberspace Administration of China recently revealed. In addition, some 51,000 social media posts with content relating to the marketing or promotion of investments in virtual...

Bitcoin, Ethereum Technical Analysis: BTC Drops Under $24,000 After Falling Below Key Price Ceiling

9.8.2022
Bitcoin fell below $24,000 in today’s session, as prices collided with a key resistance level. Following a strong start to the week, crypto markets were mostly in the red, with the global market cap down 2.98% as of writing. Ethereum was also trading lower, moving close to a breakout below...