July 4, 2022

NFT, BTC Scams Featured on British Army’s Compromised Twitter, YouTube Accounts

Twitter and YouTube accounts of the British Army were simultaneously hacked on Sunday and used for promoting two different crypto scams. However, by Sunday evening, the compromised accounts had been restored to normal, media reports said. Cyber Attack The unknown hackers changed the account details to make them look in sync with the crypto scams they...
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Ethereum Name Service Sells for Second-Highest Price Ever of 300 ETH

Ethereum Name Service (ENS) domain 000.eth was sold for 300 ETH, roughly $315,000, on 3rd July. This marked the second-largest purchase denominated not just in Ether but also in terms of US Dollars. Record-Breaking Sale On-chain data revealed that the ENS name was sold by a user called EtheOS on the OpenSea marketplace who had...
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Circle CEO Refutes Rumor of USDC Collapse Due to Exposure to Troubled Firms

Circle – the company behind the second-largest stablecoin by market cap, USDC – reiterated its positive financial position amid a rumor calling the company on the brink of collapse. As the reports went viral, CEO Jeremy Allaire laid out detailed documents on the company’s latest status on transparency and trust, audits and attestations, as well...
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Parity Onboards Three New Executives to its Leadership Team

Parity Technologies – the engineering firm behind the initial implementation of Polkadot – has rounded out its leadership team with the addition of three new hires. These include Eran Barak as COO, Fahmi Syed as CFO, and Peter Ruchatz as CMO. As Chief Operating Officer, Eran Barak will be responsible for overseeing people and operations,...
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Singapore Regulator May Limit Retail Participation in Crypto 

Tharman Shanmugaratnam – leading Minister of the Monetary Authority of Singapore (MAS) – says the regulator may restrict retail investment in the crypto sector through new consumer protection safeguards. These could include limits on leverage trading – a trading strategy that’s caused numerous crypto traders and firms to go bust in recent weeks. Crypto: Unsuitable...
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Singapore To Consider New Crypto Rules To Safeguard Users From Crypto Blowups

Singapore might consider new rules and regulations to protect consumers amid the cryptocurrency market crash and sell-off that resulted in a string of dramatic incidents involving high-profile crypto blowups. According to a senior government minister, the Monetary Authority of Singapore (MAS) is thinking about adding more restrictions on how the general public can use cryptocurrencies....
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Multichain Bridge Integrates With RSK to Enhance DeFi Access on Bitcoin

Multichain, previously known as Anyswap, has announced integration with RSK blockchain, a Bitcoin merge-mined smart contracts platform. According to the press release shared with CryptoPotato, the integration aims to facilitate the transfer of ETH, USDC, BUSD, and other assets between RSK, Ethereum, and BNB Chain. The broader focus of the decentralized cross-chain router protocol will...
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‘Aave of Klaytn’ KLAP Protocol TVL Soars $102 Million in First Week of Launch

KLAP – a DeFi lending protocol on Klaytn Network has seen its total value locked soar above one hundred million in a week after its launch. The dApp, spun up by DeFi accelerator Krew, is now the second most popular application on the Klaytn network. Crypto lending has proven to be one of the most...
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WaykiChain Football Friendly Tournament Restarts, Vietnam Station to Unlock New Benefits

[PRESS RELEASE – Please Read Disclaimer] On July 7th, the 7th leg of WaykiChain Football Friendly Tournament will be held in Ho Chi Minh City, Vietnam. This is also a new round of football matches organized by WaykiChain around the “Decisive World Cup” following the United States, Sri Lanka, Japan, Iran, Hungary and Nigeria. Since...
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Coinbase-Backed Lending Platform Suspends Withdrawals, Looking to Restructure

The cryptocurrency market downturn continues taking its toll, and lending companies are feeling the heat across the board. Another crypto lender to cease transactions is Vauld. According to a blog post from Monday, July 4th, the company has seen customer withdrawals in excess of $197 million since June 12th. This seems to have happened immediately...
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Top Reasons Why Bitcoin (BTC) Price Might Hit $22K This Week!

The second quarter of 2022 saw the cryptocurrency market’s downward trend continue. Bitcoin’s price has decreased from over $69,000 in November 2021 to about $19,000 as a result of the ongoing crypto market crash. The cryptocurrency had a roughly 40% decline in June, according to Coin Metrics data, making it its lowest month since 2010....
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Himo World Announces Open Beta of PvP Strategy Game

[PRESS RELEASE – Melbourne, Australia, 1st July, 2022] Himo World, an NFT-based strategy game developed by Kaofox Corp, has announced its open beta launch. The open beta will go live in July 2022, giving players an opportunity to experience the most advanced iteration of the PvP title to date. The free-to-play release incorporates features that...
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Stellar (XLM) Trading is Now Available on the Kinesis Exchange

[PRESS RELEASE – London, United Kingdom, 1st July 2022] XLM, the 10th cryptocurrency listed, is now available to Kinesis users. XLM will be paired against 8 fiat pairs, including USD, GBP and EUR, as well as Kinesis’ native stable coins based on physical gold (KAU) and silver (KAG) – enabling greater accessibility to the platform...
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Cardano Successfully Launches Vasil Upgrade on Testnet

Cardano (ADA) has successfully conducted a hard fork of its testnet in readiness for the upcoming Vasil upgrade. The new development promises greater scalability and performance improvements to the network. The latest announcement was made on July 3 by Input-Output Global (IOG), the tech firm behind Cardano. IOHK (rebranded to IOG) now calls upon developers,...
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Bitcoin (BTC) $ 67,854.18 1.95%
Ethereum (ETH) $ 2,403.94 3.02%
Tether (USDT) $ 0.999019 0.10%
BNB (BNB) $ 553.13 1.63%
Solana (SOL) $ 158.24 3.49%
USDC (USDC) $ 0.999682 0.07%
XRP (XRP) $ 0.503992 0.56%
Dogecoin (DOGE) $ 0.161814 5.74%
Lido Staked Ether (STETH) $ 2,403.68 2.96%
TRON (TRX) $ 0.1624 1.77%