August 25, 2022

South Korea’s Former Vice Minister of Economy Becomes the CEO of a Blockchain Institute

Yong-beom Kim – First Vice Minister of South Korea’s Ministry of Economy and Finance from 2019 to 2021 – will join the blockchain and digital technology research institute Hashed Open Research as its Chief Executive Officer. The entity aims to act as a bridge between local cryptocurrency experts and the government. According to a document...
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UNI Token Holders Approve Proposal to Create Uniswap Foundation

The proposal to create Uniswap Foundation has received overwhelming support from the community members, paving the way for it to become a reality. Announcing the news, Devin Walsh, along with Ken Ng, had submitted the initial idea, tweeted Wednesday, “Last night our proposal to create the Uniswap Foundation passed its final vote!” Both Walsh and Ng...
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BitBoy Crypto Drops Defamation Lawsuit Against Atozy After Backlash

Well-known crypto influencer Ben Armstrong, aka “BitBoy Crypto,” recently filed a lawsuit against fellow YouTuber Erling Mengshoel Jr., aka Atozy. While the former claims that Atozy’s eight-month-old video titled “This Youtuber Scams His Fans … Bitboy Crypto” caused him significant distress and damage to his business and reputation, in addition to inflicting emotional distress, the...
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Coinbase Derivatives Exchange to add Nano Ether Futures Contract

Tl:dr: Coinbase Derivatives Exchange will launch its second listed crypto derivatives product on August 29th, 2022: Nano Ether futures contract (ET). ET futures will be accessible for trading via several leading third-party retail brokers and clearing firms upon its launch. Since launching on June 27th, the Nano Bitcoin futures contract (BIT) has traded a total...
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How Binance Will Address a Potential Ethereum Fork During the Merge

Binance – the world’s largest crypto exchange – has released a statement explaining how it will ensure a smooth transition to a proof of stake (POS) Ethereum next month. In particular, it covered how it will compensate users in the event of an Ethereum fork, during which two different blockchains and versions of ETH could...
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Why We’re Launching a Voter Registration & Education Initiative

By Faryar Shirzad, Chief Policy Officer Tl;dr: We’re launching our U.S. crypto policy education initiative today, which includes a voter registration portal, to respond to our community’s strong interest in learning more about where their representatives and candidates for public office stand on issues of importance to the crypto community, and in finding ways to...
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Bitcoin (BTC) Price To Hit This Level By September End : Predicts Coinmarketcap Community

Bitcoin, the world’s largest cryptocurrency by market cap, is flashing green after a week of experiencing bearish pressure. However, though the currency seems to be moving favorably, the bears seem to have gained some technical stability in the short term. A massive price shift may be imminent because the volatility in the asset has decreased...
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BCGAME Partners With Cloud9 – One of the Most Recognizable Esports Organizations

[PRESS RELEASE – Please Read Disclaimer] BC.GAME is thrilled to announce its partnership with Cloud9–one of the most famous esports organizations in the world! BC.GAME looks forward to this fruitful partnership as it extends its reach to all players in the esports industry. The team believes that this relationship is a new opportunity for it...
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Korea Blockchain Week 2022 Wraps Up With Immense Optimism for the Future of Crypto

[PRESS RELEASE – Please Read Disclaimer] Over 8,700 attendees flocked to Asia’s biggest crypto conference in Seoul to gain insights into the future of Web3, DeFi, Metaverse, and more Seoul, South Korea (August 23, 2022) – FactBlock, the host of the action-packed Korea Blockchain Week 2022, is delighted to share that the fifth installment of...
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Ethereum Foundation Announces Official Date for the Merge

The Ethereum Foundation has confirmed that the long-awaited Merge is expected to come sooner than previously expected. “Following years of hard work, Ethereum’s proof-of-stake upgrade is finally here! The successful upgrade of all public testnets is now complete, and The Merge has been scheduled for the Ethereum mainnet.” According to a new blog post, the...
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Polygon’s Sandeep Nailwal Leads $50M Raise for a Web3-Focused VC Fund

Polygon’s founder, Sandeep Nailwal, alongside other Web3 founders, has raised a $50 million fund that will be focused on Web3 startups. The new venture will be called Symbolic Capital. The fund plans to differentiate itself by using a unique data platform to drive its investments and the support of portfolio companies. According to a press...
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Ethereum Classic(ETC) Price Breaking Through Crucial Levels, May Surge by More than 25% Soon

Ethereum Classic price is constantly flashing buy signals despite the recent drop and hence a significant buying pressure raised the price upwards. Interestingly, while a pullback was presumed, the price seems to be poised to slice the bearish set-up. Therefore, a path toward $50 appears to be pretty clear as the initial target of $45...
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Security PSA: Protecting ERC-20 assets from malicious actors

Tl;dr: At Coinbase, our top priority is, and always will be, protecting you and your digital assets. That’s why we secure Coinbase with the latest industry-leading technology and work with the larger community to build a safer crypto ecosystem so that everyone is able to succeed. In this blog post, we share how a contract...
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Crypto ATM Operator Bitcoin Depot to Go Public Via $885 Million SPAC Deal

Popular cryptocurrency ATM operator Bitcoin Depot is reportedly planning to become a publicly-traded company through a partnership with SPAC GSR II Meteora Acquisition Corp. A special-purpose acquisition company (SPAC) is a public company established to merge or acquire an existing entity. Although SPACs raise capital from investors through IPOs, they don’t have active business operations,...
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Coinbase Launches cbETH Wrapped Ethereum Staking Token Ahead of Merge

Coinbase has announced plans to add support for Coinbase Wrapped Staked ETH (cbETH) on the Ethereum network. The cryptocurrency exchange is allowing customers who stake ETH to receive a liquid representation of their staked-ETH – Coinbase Wrapped Staked ETH. cbETH is an ERC20 utility token that will be introduced right before the Ethereum blockchain’s Merge...
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Alameda Research Co-CEO Sam Trabucco Resigns

Co-CEO of Alameda Research Sam Trabucco revealed that he will be exiting his position at the cryptocurrency trading firm to focus on other personal matters while he will remain in Alameda as an advisor. The Alameda Research executive announced the news of his exit in a tweet thread on Wednesday (August 24, 2022). Trabucco noted...
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Tornado Cash Developer Denied Bail, Will Remain in Prison for Extra 90 Days (Report)

Alexey Pertsev, developer of the U.S.-sanctioned Ethereum-based cryptocurrency mixer Tornado Cash, will have to spend a minimum of 90 days in jail, although he is yet to be charged with a crime. The arrest of the Tornado Cash developer has sparked outrage and concerns from the crypto community, which believes that such action could have...
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Coming Soon: Support for USDT-TRON Deposits and Withdrawals

Since Q4 2021, BitMEX users have had the option of depositing and withdrawing Tether on the Ethereum network (USDT ERC-20) only. However, that all changes next week, when we launch multi-network support for USDT. As an initial step, we’re adding support for USDT on the TRON network (a.k.a. USDT-TRON or USDT TRC-20), in addition to...
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Miami Crew Faces 30 Years in Prison for Running a Fraudulent Crypto Scheme

The US Department of Justice (DOJ) charged three residents of Miami – Esteban Cabrera Da Corte, Luis Hernandez Gonzalez, and Asdrubal Ramirez Meza – with defrauding banks and a cryptocurrency platform for over $4 million. The men used fake identification to buy digital assets, while later, they lied to financial institutions that the transactions were...
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Bitcoin (BTC) $ 95,601.61 1.68%
Ethereum (ETH) $ 3,303.26 1.32%
Tether (USDT) $ 0.999767 0.02%
XRP (XRP) $ 2.22 0.81%
BNB (BNB) $ 651.25 1.54%
Solana (SOL) $ 181.79 0.60%
Dogecoin (DOGE) $ 0.315102 1.92%
USDC (USDC) $ 1.00 0.02%
Cardano (ADA) $ 0.894784 1.07%
Lido Staked Ether (STETH) $ 3,295.06 1.42%