July 29, 2022

Ledger Adds Support for 100 Cardano Native Tokens

Leading hardware wallet provider Ledger has expanded support for the Cardano ecosystem, allowing users to manage 100 such native tokens on their Ledger Live app while leveraging the security of the Ledger Nano. Ledger Expands Support for Cardano As the name suggests, Cardano native tokens are assets built on the Cardano blockchain. These assets behave...
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Axie Infinity CEO Denies Accusation of Insider Trading

Trung Nguyen – Co-Founder and CEO of Axie Infinity – said the accusations against him of being engaged in insider trading are “baseless and false.” However, he admitted transferring $3 million worth of AXS to “ensure that short-sellers would not be able to front-run the news.” The CEO Strikes Back In March this year, Ronin...
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Voyager Ordered by Fed to Stop Misleading Customers About FDIC Protection

The insolvent crypto brokerage firm Voyager has been contacted by both the Federal Reserve and Federal Deposit Insurance Corporation (FDIC). Both bodies have demanded that the company correct all misleading statements it has previously made concerning the deposit insurance coverage of Voyager and its customers. False Claims from Voyager In a joint press release on...
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Ripple’s XRP Price To Hit Beyond $1 In The Next 24hrs, Claims Crypto Community Report

It was quite a long time where the whole crypto market was in the compleet control of bears. Now, since the start of this week, the market is seeing some positive signs as most of the currencies are trading in green. Among such cryptocurrencies, XRP is among the currencies that the community is forecasting further...
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Ripple’s Q2 Report Shows 50% Increase in Sold XRP

The blockchain company – Ripple – announced that it had a successful second quarter of 2022 since it inked numerous strategic partnerships and expanded the use of its On-Demand Liquidity (ODL). Moreover, the firm sold $408.9 million worth of XRP compared to the $273.27 million in Q1. Ripple’s Progress in Q2 The entity’s quarterly XRP...
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Bitcoin Miners’ Balance Hits 4-Year High: Glassnode

Bitcoin miners’ balance has reached a four-year high. According to Glassnode’s latest data, the figures have surpassed 1,845,303 BTC. Bitcoin Miners Hodling Again From the great Chinese migration in 2021 to the ongoing bear market, the miners of the BTC network went through many challenges, including a shift in profitability. However, it appears that they...
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Here’s Why The ‘Peak Capitulation’ of Crypto is Yet to Come, According To Coin Bureau

BTC is currently trading at roughly $21,000, with a 10% decline over the last five days. On the previous day, the price of the primary cryptocurrency fell by around 4%, and other cryptocurrencies also experienced a decline. Is a Recovery Rally on Cards?  Talking about the continued market turbulence, the pseudonymous presenter of CoinBureau warns...
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Brasil Santander to Launch Crypto Services as Customer Demand Grows

Banco Santander (Brasil) – the Brazilian arm of the Spanish banking giant – revealed intentions to offer cryptocurrency services to clients. By doing so, the company will join a range of local institutions that have already hopped on the digital asset bandwagon, including BTG Pactual, Nubank, PicPay, and XP Inc. Brazil Might Have a New...
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Oasis Labs and Meta to Assess Fairness for AI Models Using Cutting-Edge Privacy Technologies

[PRESS RELEASE – Please Read Disclaimer] A first-of-its-kind initiative enabling inclusiveness and fairness Oasis Labs announced the partnership with Meta, alongside the launch of a platform to assess fairness in Meta’s products, while protecting people’s privacy. As Meta’s technology partner, Oasis Labs built the platform that uses Secure Multi-Party Computation (SMPC) to safeguard information as...
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Cardano’s Vasil Hard Fork Delayed Again

Cardano’s much-anticipated Vasil hard fork has been pushed to a few more weeks. The team is yet to specify a timeline. In a monthly update, Kevin Hammon, Technical Manager of Input Output Global (IOG), said the devs are fixing, testing thoroughly, and not rushing to ensure no significant issues are left out as the network...
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Bitcoin Hash Rate Plummets 17% From All-Time High

This article is part of our new series of crypto research content, produced by the Bitcoin Magazine team and sponsored by BitMEX. To learn more about our wide-ranging partnership with Bitcoin Magazine, click here. In today’s issue, we wanted to highlight the recent moves in Bitcoin mining.  State Of The Mining Market, July 2022  The...
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Axie Infinity CEO Reportedly Withdrew Funds Before Revealing Ronin Hack

Following the recent attack on the Ronin Network, a new revelation showed that the co-founder and CEO of the video game Axie Infinity, Trung Nguyen, moved AXS – the native token of Axie Infinity – worth $3 million to crypto exchange giant Binance, hours before announcing the hacking incident. According to Bloomberg on Thursday (July...
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Win Exclusive NFT Rewards From FrontFanz – a Web3 Subscription Platform on Polygon

[PRESS RELEASE – Please Read Disclaimer] FrontFanz isn’t taking any breaks. After coming out in the open, this platform successfully closed a strategic investor round and a private sale round. In addition, FrontFanz just launched a 20-day IEO sale on ExMarkets that started on the 20th of July. What’s unique about this sale is that...
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Create Unique BetFury Designs on the Metaverse and Win Awards

[PRESS RELEASE – Please Read Disclaimer] There’s an old saying coming from a small European nation that goes something like this – people will accept you by your clothing and will judge you by your brains. The former only goes to show how important appearance is and ever will be. This is why the popular...
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Crypto Markets Rally on President Biden’s Redefined “Non-Recession”

U.S. GDP has contracted for the second consecutive quarter. On July 28, the Commerce Department reported that gross domestic product had fallen by 0.9% between April and June. The United States has been in negative GDP for the first six months of this year, which has traditionally meant that it is in recession. The figure...
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The 101 on Crypto’s First Perpetual Foreign Exchange Swap

It’s almost time. The world’s first crypto-margined foreign exchange swap listings are arriving at BitMEX next week, giving traders the chance to long or short FX pairs with up to 50x leverage.  Ahead of the listings arriving on our platform, this blog takes a closer look at our 22 upcoming FX swap contracts. Read on...
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Bitcoin (BTC) $ 95,071.47 1.24%
Ethereum (ETH) $ 3,550.13 2.40%
XRP (XRP) $ 2.52 6.22%
Tether (USDT) $ 1.00 0.15%
Solana (SOL) $ 222.37 1.64%
BNB (BNB) $ 648.82 1.09%
Dogecoin (DOGE) $ 0.403125 5.42%
Cardano (ADA) $ 1.18 1.73%
USDC (USDC) $ 1.00 0.02%
Lido Staked Ether (STETH) $ 3,552.89 2.35%