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Match Group Puts Crypto, Metaverse Plans for Tinder on Hold
3.8.2022
Online dating giant Match Group is unhappy with one of its leading brands, Tinder, so it's putting its earlier plans to have the service adopt cryptocurrencies and venture into metaverse-based dating on hold. ...
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Brazil Might Approve Its Cryptocurrency Law This Week
3.8.2022
This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bill is set to be discussed, but there are still no reports on a possible vote as the Chamber is...
Hackers Target Solana Wallets amid Bearish Wave
3.8.2022
Solana reported a hacking attack that compromised over 8,000 wallets while writing this post. The hacking attack is believed to have stolen around $7 million in funds in SPL, SOL, and other tokens. Most of the wallets targeted by the hackers were inactive for at least six months. The news adds...
BitPay Extends Support to ApeCoin
3.8.2022
BitPay has announced that it now supports ApeCoin, or APE, on its network. This would allow the merchants of BitPay to seamlessly accept the token while also enabling the users to store, swap, buy, and spend the token through their BitPay Wallet. Moreover, users of BitPay will now be able to load...
South African Professor Accuses Central Bank Official of Spreading Misinformation That Damages Crypto Industry
3.8.2022
A South African professor, Steven Boykey Sidley, has branded as “balderdash” claims by the South African central bank deputy governor that “90% of cryptocurrency transactions” are illicit. The professor also accused the senior central bank official of spreading...
Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors
3.8.2022
Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto lending platform seeks acquisition by rival Nexo. Vauld to Have 3 Months for Restructuring,...
New York Attorney General Wants to Hear From Investors Deceived by Crypto Platforms
3.8.2022
New York Attorney General Letitia James has urged investors in her state who believe they have been deceived by a crypto platform to contact her office. “Investors were promised large returns on cryptocurrencies, but instead lost their hard-earned money,” she stressed. Letitia James...
Brazilian Cop Charged with Duping 23 Fellow Officers in ‘Crypto Pyramid Scam’
2.8.2022
A military police officer in the Brazilian state of Goiás is being tried for allegedly scamming fellow officers with a cryptoasset-themed scheme.
The media outlet Globo reported that the officer, named as Francisco de Assis Jesus dos Santos Soares de Oliveira, stands accused of defrauding some...
Hedge fund billionaire Steve Cohen exits crypto startup Radkl amid bear market: Report
2.8.2022
The hedge fund manager was part of a $50-million funding round for NFT company Recur, and backed a $21-million round for crypto analytics firm Messari through Point72
Zipmex gradually resuming Z Wallet withdrawals, says debt moratorium is not bankruptcy
2.8.2022
The Asian cryptocurrency exchange was impacted by the Celsius and Babel Finance defaults but is working with investors to resolve the situation
Biggest Movers: DOT Drops Below $8.45 Resistance Level, as CRO Rises to Multi-Week High
2.8.2022
Polkadot dropped for a second straight session on Tuesday, as the token failed to break out of a key resistance level. This move saw the cryptocurrency fall by nearly 10%, as the global market cap was mainly in the red. Cronos, however, managed to rally despite this, hitting an almost seven-week...
Enterprise crypto custody firm Fireblocks integrates Tokeny for token minting
2.8.2022
The integration allows institutional-grade users to mint and manage their tokens along with managing their conventional cryptocurrency portfolios
Ledger reportedly seeking additional $100 million in funding
2.8.2022
Investors are said to be flocking to cold storage for their cryptocurrency as liquidity concerns plague the industry recently
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,500 as Prices Extend Recent Declines
2.8.2022
Ethereum was once again trading in the red, as prices of the token fell below $1,600 during today’s session. Tuesday’s drop is the fifth consecutive day that prices of the cryptocurrency have moved lower. Bitcoin also extended its streak of declines, falling under $23,000 in...
PancakeSwap Shows Consolidation; What Does Future Hold for CAKE?
2.8.2022
CAKE token is more of an exchange token also used for governance purposes. The ranking of #76 position is merely based on its in-circulation supply of CAKE tokens, which is 19% of its total supply. PancakeSwap has a total value locked (TVL) of $3,088,813,752, but the market cap is limited to just...
Generating Continuous Income Likely Easier With Uniglo Protocol Than Basic Attention Token Or Dash
2.8.2022
There are two main reasons people get involved in crypto. One is because they want to “get rich quick” and enter and exit positions quickly, hoping to catch a pump up to the top. The other is for the long-term. And it’s these long-term investments that are much more viable...
Filecoin Takes Support at 100 MA; Will FIL Target a Strong Bull Run?
2.8.2022
The recently posed outstanding rallies of double digits in July end have left a majority of crypto enthusiasts in dismay. News says Filecoin Foundation has partnered with the Harvard University Library Innovation Lab (LIL). The LIL of Harvard University will be researching the possibilities...
SEC Charges 11 People over USD 300M Crypto 'Pyramid Scheme'
2.8.2022
The US Securities and Exchange Commission (SEC) has charged 11 individuals for their roles in an alleged crypto pyramid and Ponzi scheme that raised over USD 300m from millions of investors worldwide, including in the United States....
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Report: Crypto Hardware Wallet Maker Ledger Seeks $100 Million Capital Raise
2.8.2022
The French cryptocurrency hardware wallet manufacturer Ledger is seeking to raise fresh new capital after raising $380 million in June 2021, according to sources familiar with the matter. The hardware wallet company Ledger is reportedly looking to raise at least $100 million from strategic...
Pakistani Politician Imran Khan’s Instagram Account Used to Promote Crypto Giveaway Scam
2.8.2022
Imran Khan, a former prime minister of Pakistan and current chairman of one of the largest political parties in the country, has confirmed that his Instagram account was compromised and hackers used it to promote a cryptocurrency giveaway scam. Imran Khan’s Instagram Account Hacked, Used...