August 23, 2022

Nike Generated Over $185M in NFT Sales – Gucci, Adidas Trails Behind: Data

The leading athletic apparel company – Nike – has surpassed many prominent names with its NFT sales this year. According to the latest stats, Dolce & Gabbana, Tiffany, Gucci, and Adidas are reaping millions from NFTs, but it’s Nike that tops the chart. Dune Analytics researcher Noah Levine’s data showed the above businesses leading the...
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Teach Me Daddy

(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) I have very few original ideas when it comes to global macroeconomic conditions. I rely on the writings of...
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Betting Against CNBC’s Jim Cramer Helps Crypto Trader Book Profits

CNBC Mad Money host Jim Cramer’s name has become almost synonymous with finance television. But that hasn’t stopped him from giving some regrettable investment advice over the course of years. Despite being a prominent personality in the finance world for decades, his deeply ill-fated predictions have attracted significant ire from the community. On a lighter...
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Hodlnaut Reveals Engaging in Two Sets of Legal Proceedings

Hodlonaut’s request to be put to be placed under judicial management with the Singapore High Court was agreed upon, but the judicial managers – Samtrade Custodian Limited and S.A.M Fintech Pte Ltd – disagreed with the lender’s proposed candidate. By avoiding the forced liquidation of assets, the company had earlier said that undergoing judicial management...
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Coinbase Slapped With Another Lawsuit for Crashing During Market Volatility

Coinbase is being sued by one of its users for failing to keep its customers’ accounts accessible in periods of high market volatility. Acting on behalf of all Coinbase wallet and account holders, plaintiff George Kattula alleges that the exchange “does not properly employ standard practices to keep consumers’ accounts secure”. Unkept Promises at Coinbase?...
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How a Hacker Lost His ETH While Attacking Rainbow Bridge

An attacker trying to steal funds from Rainbow Bridge on Saturday was stopped within 31 seconds, losing 5 ETH in the process. Alex Shevchenko – CEO of Aurora Labs – broke down how the protocol mounted its automated defense, without needing an immediate response from the security team.  Another Successful Bridge Defense In a Twitter...
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Crypto Startup Lyra Brings Crypto Spending to Millions of Merchants

[PRESS RELEASE – Please Read Disclaimer] Now you can create and use Visa cards on demand using the most popular cryptocurrencies. Lyra has announced the launch of its new platform, which allows users to spend their cryptocurrency in any of the millions of online merchants worldwide. These include Netflix, Airbnb, DoorDash, Instacart, Walmart, & many...
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Ethereum To Surge 70% in Q4, Analyst Maps the Top Entry Level!

A closely tracked Crypto strategist and trader whose 2018 Bitcoin (BTC) bottom turned out to be true, now has his predictions for Ethereum’s year-end trading. The analyst who is anonymously called Smart Contracter has come up with his analysis informing his 210,600 on Twitter saying the world’s second-largest cryptocurrency by market cap, Ethereum is all...
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NFT Platform SudoRare Rug Pulled for $850K Hours After Launching

SudoRare – a decentralized non-fungible token (NFT) marketplace – is reportedly the latest crypto project that had rug-pulled its customers. The project, established earlier today, shut down its operations six hours after launch after it was rug-pulled for 519 ETH (around $850,000 going by current prices). The blockchain security company – PeckShield – indicated that...
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Explore COSMOS With 1xBit

[PRESS RELEASE – Please Read Disclaimer] 1xBit continues to onboard projects and develop features to create a better user experience. Based on this commitment, COSMOS is now on 1xBit, and bettors can utilize this cryptocurrency for their payments, stake, and withdrawals. What is Cosmos? COSMOS bills itself as a project looking to democratize the cryptocurrency...
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Seedify Announces Cross-Chain Integrations With the Ethereum Network to Boost Growth

[PRESS RELEASE – Please Read Disclaimer] The long-awaited Ethereum merge (software update) will most likely occur in September this year, this will be the largest fundamental shift in the history of crypto. The network has suffered an immense increase in traffic and uncontrolled spikes in gas fees (transaction fees). The merge will ultimately alleviate these...
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Dogecoin Gearing Up With Fresh Network Updates, Will DOGE Price Reach $0.1?

Dogecoin price is tightly consolidating within a very narrow range of $0.065 and $0.07 after the steep fall during the past weekend. While many altcoins have already begun with a significant recovery, the DOGE price also appears to have rebounded. Additionally, a notable upgrade is fast approaching which may uplift the price close to or...
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Scaramucci Predicts When Bitcoin Will Become a Hedge Against Inflation

Despite being an outspoken supporter of bitcoin, the founder of the investment company SkyBridge Capital – Anthony Scaramucci – does not believe the asset has reached a status of a hedge against inflation yet. In his view, this will happen once BTC wallets hit a billion. In addition, the former White House official opined that...
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OpenSea’s Former Head of Product Files Motion to Drop Insider Trading Charges

Former OpenSea employee Nate Chastain has filed a motion to dismiss the indictment against him regarding an alleged insider trading scheme, stating that the charges by the United States government were erroneous. Meanwhile, there has been a growing case of executives of various crypto-based companies being accused of insider trading. Chastain’s Lawyers Challenge Insider Trading...
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Invesco Introduces a Metaverse-Oriented Investment Fund: Report

The American investment management company – Invesco – reportedly launched a Metaverse fund, which will invest in large, medium, and small-cap firms that have stretched their operations to the virtual reality. Last year, the investment giant filed documents to launch two crypto-based ETFs in the USA. Several months later, though, it blamed the US SEC...
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EQBR Launches One-Stop Blockchain Service Platform EQ HUB

[PRESS RELEASE – Singapore-August 23, 2022] EQBR Holdings (EQBR), a pioneer of Web 3.0 infrastructure providers, launched its new blockchain service platform EQ HUB. EQ HUB provides a one-stop service to plan, build and implement blockchain networks and ecosystem-based thereon. Powered by Equilibrium, an innovative third-generation blockchain engine, developers and users of EQ Hub will...
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Bitcoin (BTC) $ 97,830.21 1.23%
Ethereum (ETH) $ 3,412.09 2.88%
Tether (USDT) $ 1.00 0.05%
Solana (SOL) $ 255.58 0.25%
BNB (BNB) $ 656.22 4.74%
XRP (XRP) $ 1.48 0.73%
Dogecoin (DOGE) $ 0.436316 5.14%
USDC (USDC) $ 0.999688 0.03%
Cardano (ADA) $ 1.07 4.25%
Lido Staked Ether (STETH) $ 3,411.41 2.78%