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Texas Man Sues OpenSea Over Stolen NFT, Asks for Over USD 1M in Damages

22.2.2022
  Timothy McKimmy, the US man who says he had lost his non-fungible token (NFT) due to an issue related to OpenSea's user interface (UI) design, has filed a lawsuit against the NFT marketplace, alleging that the platform was aware of the issue but did not "timely put adequate safety measures...

DAO Rallies To Collect USD 4B For Denver Broncos Buy

21.2.2022
  A decentralized autonomous organization (DAO) has been established with the aim to pool some USD 4bn and buy the Denver Broncos franchise of the US National Football League (NFL). The Broncos were put up for sale earlier this month, and the trustees said in a statement they hope to have...

Technical Analysis: SOL, LUNA and AVAX All Down on Friday

18.2.2022
Solana, terra and avalanche were all lower on Friday, as market uncertainty impacted all major cryptocurrencies. This came as several of the big ten all fell into multi-week lows versus the U.S. dollar. Biggest gainers With markets mainly in the red on Friday, finding a bull was no mean feat...

Bitcoin Holders Search for 'Hopium' as BTC Breaches USD 40K, Gold Rises

18.2.2022
  The bitcoin (BTC) price dropped again today, after losses in the stock market, geopolitical tensions, and prospects of rising rates weighed on sentiment in the digital asset market. However, some are hopeful that the worst is now behind us, with one leading institutional investor reminding...

Sequoia Capital Creating $500 Million Crypto Fund for Token Investment

18.2.2022
Last October, Sequoia Capital announced intentions to deconstruct the traditional venture capital model by forming a single fund to handle all of its U.S. and European assets (including publicly-traded shares). Now it’s setting out its next steps, including a $600 million fund focused...

Bitcoin Nears USD 40K, Ethereum Below USD 3K, Altcoins in Red

18.2.2022
  Bitcoin price started a stronger decline after it failed to stay above the USD 42,500 support zone. BTC even declined below USD 41,200 and traded close to USD 40,000. It is currently (04:18 UTC) correcting losses near USD 40,700, but the bears might be active near USD 41,200. Similarly, most...

Technical Analysis: ATOM Hits 1-Week High — AXS, LEO, THETA Dip Lower

17.2.2022
Despite Thursday’s selloff in cryptocurrencies, cosmos managed to hit its highest level in the last week. The rally came as one of yesterday’s big gainers, THETA, slipped in today’s session. Biggest gainers Cosmos (ATOM) moved higher in today’s session, despite...

Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Fall Lower Against USD

17.2.2022
Cryptocurrency markets were trading lower for a second consecutive session, leaving bitcoin and ethereum both in the red. Overall, the crypto market cap was nearly 2% lower as of writing. Bitcoin Bitcoin bulls were nowhere to be found on Thursday, as bearish pressure continued to dominate recent...

Axelar Raises $35M to Reach a $1B Valuation for Its Network

17.2.2022
Axelar, the worldwide, decentralized interoperability network linking all blockchain ecosystems, apps, and assets, announced today the completion of a $35 million fundraising round led by Polychain Capital, Dragonfly Capital, North Island Ventures, Cygni Capital, Rockaway Blockchain Fund...

AUD/USD Rises Above SMA Amid a Fall in Oil Prices

17.2.2022
A report highlighting three different points has to come to light. It deals with Australia adding more jobs and experiencing a rise in the participation rate as well. Another point that has been highlighted is that AUD/USD has moved above the 50-Day Simple Moving Average. The trend may, however...

PowerTrade Management Team Explains the Benefits of Automated Market Makers

16.2.2022
PowerTrade is an easy-to-use crypto options trading platform, enabling traders to maximize ROI through an intuitive interface that provides better prices and lower margin requirements. At PowerTrade, it’s easy for anyone to get started trading with as little as $1 USD and continue trading...

IRA Financial Trust Hack Reportedly Sees USD 36M in Crypto Stolen From Users

15.2.2022
  US-based IRA Financial Trust, a regulated financial institution that offers self-directed retirement accounts, has been hit with a hack that resulted in the loss of USD 36m in crypto, Bloomberg reported, citing a person familiar with the investigation.... Read More: IRA Financial Trust Hack...

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