August 9, 2022

Ethereum Merge Attracts Institutional Investors: Report

The timing of the Merge has been the bone of contention for the Ethereum ecosystem. Developers expect it around September 19, even as the timeline is not concrete. But, with the details before the final testing phase of the event revealed, derivative trades have flipped bullish. CoinShares Head of Research James Butterfill, for one, believes...
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Vitalik Outs Himself as Having Used Tornado Cash

Ethereum co-founder Vitalik Buterin has revealed that he personally used the now-sanctioned Ethereum mixer “Tornado Cash” when donating funds to Ukraine earlier this year. In a tweet on Tuesday, Twitter user Jeff Coleman called for people to provide documented examples of individuals using Tornado Cash to donate to Ukraine. Tornado Cash is an Ethereum protocol...
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Tether Announces Support for Ethereum Proof of Stake Transition

Tether – the issuer of the world’s largest stablecoin, USDT – has confirmed its support for the upcoming Ethereum Merge. This puts both USDT and USDC on the same page, quelling doubts about a potentially combative hard fork in September. In an announcement on Tuesday, Tether emphasized that it is important not to cause confusion...
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Crypto Prices Found a Floor Because of Ethereum’s Merge, JPM Says

According to the multinational investment bank – JPMorgan Chase & Co. – the main reason for the recent recovery of the cryptocurrency market is the expectation that Ethereum will complete its shift from Proof-of-Work to Proof-of-Stake this year. Bitcoin is currently up by over 35% compared to its lowest level in June, while Ether has...
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This Bitcoin Indicator Points Massive Bull Run, As Per Expert Tone Vays

A well-known crypto analyst and trader puts forth his analysis saying that Bitcoin’s price action is depicting the same pattern of 2018 and 2015 bear markets. During the recent discussion, strategist Tone Vays informs his 122,000 YouTube followers that there is one indicator of Bitcoin that he is closely watching on the asset’s monthly chart....
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Circle CEO Talks Tornado Cash Sanctions and the Fight for Privacy

Major crypto firms Circle and Coinbase have been forced to comply with the US Treasury Department’s sanctions against Tornado Cash under Bank Secrecy Act (BSA) requirements, said Circle CEO Jeremy Allaire on Tuesday. The executive discussed the precedent set by the department’s latest move as it pertains to privacy and security on the internet, and...
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Nas Daily Academy Partners With Web3-Focused Invisible College

Nas Academy, spearheaded by popular vlogger Nuseir Yassin announced the launch of the first bundle of courses that can be unlocked with an NFT collection. For the initiative, the creator tech platform has partnered with Invisible College. Initially, the crypto academy will enable $2,000 worth of courses for its users that would cover topics such...
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Nomad Bridge incident analysis

Tl;dr: Building a better crypto ecosystem means building a better, more equitable future for us all. That’s why we are investing in the larger community to make sure anyone who wants to participate in the crypto economy can do so in a secure way. In this blog post, we share lessons about the nature of...
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Guarda Wallet Introduces Its Prepaid Visa Card

[PRESS RELEASE – Please Read Disclaimer] Guarda Wallet is thrilled to announce the release of its own prepaid Visa card. You can use this card anywhere Visa is accepted, which means you can use it for online shopping, in-store purchases, and much more. With the Guarda Wallet prepaid Visa card, you’ll never have to worry...
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Ankr Launches ANKR Token Staking on its Infrastructure Layer

Ankr is a well-known Web3 infrastructure provider and has recently announced a big milestone in its roadmap. The crux of Ankr is providing critical infrastructure that enables blockchain networks to run faster and more reliably. This happens by connecting a global network of operators of enterprise-grade nodes with Web3 developers, enterprises, and dApps to facilitate...
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TRON DAO Reserve Welcomes Wintermute as USDD’s Latest Whitelisted Organization

In order to continue strengthening its algorithmic stablecoin USDD, the TRON DAO Reserve has tapped another institution to mint and burn it as a collaborator – Wintermute. The latter has extensive experience with the digital asset universe and operates as an established global algorithmic trading firm. USDD’s Recent Issues Algorithmic stablecoins garnered people’s attention a...
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FTX Will Not Halt or Settle ETH Futures Prior to Merge

FTX has revealed that it does not have any plans to halt or settle ETH futures prior to the highly-anticipated, Merge. In a recent announcement on Tuesday, the crypto derivatives exchange revealed that its Ethereum futures and perpetual contracts (ETH-0930, ETH-1230, ETH-PERP) will track the proof of stake Ethereum after the Merge. It further added,...
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Everdome Secures $10M Investment Commitment From GEM Digital Limited

[PRESS RELEASE – Dubai, UAE, 9th August, 2022] Everdome, the most hyper-realistic metaverse, has announced that GEM Digital Limited (GEM), a Bahamian-based, digital asset investment firm, that sources, structures and invests in utility tokens listed on over 30 CEXs and DEXs globally, has agreed to an investment commitment of US$10 million into the UAE-based metaverse...
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Bitcoin At Crucial Level – Will BTC Price Surge Above $25K or Drop Below $20K ? What Next ?

After maintaining a $23,000 price level since the start of August, the world’s first currency, Bitcoin price had surpassed the said level and reclaimed $24,000 yesterday. However, the currency couldnt hold on to that for long and tumbled down to $23,000 range. At the time of publication, Bitcoin is selling at $23,893 with a surge...
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Lawrence Dallaglio Appointed Strategic Global Advisor for Caduceus

[PRESS RELEASE – London, United Kingdom, 8th August 2022] Caduceus Metaverse Protocol (CMP) today welcomes on board English World Cup Winning Rugby legend Lawrence Dallaglio in a vital new advisory role Caduceus is the world’s first Metaverse protocol with edge-rendering technology to bring developers, creators, and users on an unrivaled Metaverse experience. In their quest...
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OWNIC Announces Release of the First-Ever Dynamic Sports NFTs

[PRESS RELEASE – Milan, Italy, 8th August 2022] Digital sports collectibles startup, OWNIC, has announced the date for their first dynamic NFT drop. The platform will launch on the 22nd of August 2022 and offer the collection of the captain of the Italian national football team and Juventus, Leonardo Bonucci, on pre-sale. The release will...
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CryptoCom Secures a Regulatory Approval in South Korea

CryptoCom – received Electronic Financial Transaction Act and Virtual Asset Service Provider registration from the South Korean regulators after acquiring the payment service provider – PnLink Co. – and the digital asset firm – OK-BIT Co. CryptoCom’s latest approval in the East Asian country could be considered a fresh breath of air since it has...
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Notorious Lazarus Group Attempted Cyber-Attack, Alleges deBridge Co-Founder

The “Lazarus Group,” a notorious North Korea-backed hacking syndicate, has been identified as the culprit of an attempted cyber-attack on deBridge Finance. The co-founder of the cross-chain protocol and project lead, Alex Smirnov, alleged that the attack vector was via an email wherein several team members received a PDF file named “New Salary Adjustments” from...
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Bitcoin (BTC) $ 97,190.04 3.11%
Ethereum (ETH) $ 3,337.97 7.28%
Tether (USDT) $ 0.999378 0.19%
Solana (SOL) $ 246.61 3.46%
BNB (BNB) $ 620.93 0.92%
XRP (XRP) $ 1.13 0.32%
Dogecoin (DOGE) $ 0.387541 0.74%
USDC (USDC) $ 0.999014 0.12%
Lido Staked Ether (STETH) $ 3,340.33 7.35%
Cardano (ADA) $ 0.797216 4.42%