After getting the axe from America’s largest bank, the infamous rapper Kanye West may be gravitating towards Bitcoin. The rapper has been spotted in multiple recent photos sporting a hat labeled “Satoshi Nakamoto” – the name of Bitcoin’s pseudonymous creator. Is Kanye a Bitcoiner? One of the photos was shared over social media on Sunday...Read More
Curtis Warren – a British drug lord who was found guilty of smuggling cannabis – is due to be released from prison next month. The authorities, though, will supposedly put him back behind bars for five years if he uses WhatsApp, Facebook Messenger, or interacts with cryptocurrencies, including bitcoin. Strict Measures to Stay on the...Read More
Bitcoin has made its first appearance in the Guinness World Records, now officially honored as the “first decentralized cryptocurrency.” Its inclusion was part of a larger category labeled “cryptomania”, under which many other blockchain-related phenomena were mentioned. Famous Crypto Records According to the latest edition of the reference book, Bitcoin is the “oldest,” “most valuable,”...Read More
The Optimism bridge supporting privacy coin BitBTC is actively being exploited for 200 billion BitBTC tokens. Due to the technicals of the hack, the BitBTC team now has less than 7 days to implement an upgrade to minimize the damages. A Poorly Designed Bridge According to Arbitrum tech lead Lee Bousfield on Twitter, the BitBTC...Read More
Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, believes Bitcoin is at its most discounted price on a 100-week and 200-week moving average. He also predicted that the crypto asset would trade 5x its current price in five to ten years. During a recent interview with Stansberry Research, McGlone opined that Bitcoin is getting...Read More
Crypto wallet provider BitKeep Wallet has become the latest victim of an endless wave of DeFi hacks this month. Blockchain security firm PeckShield first raised the alarm on Twitter late Monday, and BitKeep published an update on the incident in the early hours of Tuesday. After alerting the public, the security firm asked users to...Read More
Terra’s collapse is one of the most high-profile events in the crypto industry in recent times. With South Korean authorities and Interpol involved, the once crypto titan, Do Kwon, has opened up about the allegations against him. The Terraform Labs co-founder maintained that Terra was never really about money or fame, or success. However, Kwon...Read More
It’s been a week that the lead cryptocurrency, Bitcoin, is maintaining its price trend above $19,000 area and bulls are striving to regain its long lost $20,000 level. At the moment, Bitcoin is trading at $19,557 with a surge of 0.52% over the last 24hrs. The immediate hurdle lies at $19,600 while the support is...Read More
The cryptocurrency market is going through a period of winter as of now. As a result, some cryptocurrencies, such as Tron (TRX) and KuCoin (KCS), are struggling. These cryptocurrencies delivered favorable returns before, but they are no longer considered profitable investments now. Hence, cryptocurrency investors are searching for alternative investments like Flasko. Tron (TRX) Continues...Read More
Four years of development later, the Aptos network finally hit the mainnet on October 17th, but the reception so far has been stale. Some users pointed out that Aptos had a lower transaction per sec (TPS) than Bitcoin and speculated that a “majority of tokens are either staked or ready to be dumped on retail...Read More
[PRESS RELEASE – London, United Kingdom, 17th October 2022] Kinesis, the world’s leading gold and silver-based monetary system, has listed the FIAT-based stablecoin, USD Coin (USDC) on the Kinesis Exchange. USDC, is the fourth-largest cryptocurrency by market capitalization and the second-largest USD stablecoin in the cryptocurrency industry, with over 49 billion USDC tokens currently in...Read More
[PRESS RELEASE – San Francisco, United States, 17th October 2022] Ankr, one of the world’s leading Web3 infrastructure providers, today announces that it has become one of the first RPC (Remote Procedure Call) providers to Aptos, a safe and scalable Layer-1 blockchain. Developers can now access Aptos Testnet Community and Premium RPCs, make request calls,...Read More
[PRESS RELEASE – Los Angeles, CA, 17th October 2022] Takeaways: DeSo, a new layer-1 blockchain that raised $200 million from Sequioa, a16z, Coinbase Ventures, and others, announces the release of timed auctions through their social NFT platform, NFTz. DeSo’s recent string of successes includes a significant surge in price, an influx of new users, and...Read More
In an announcement on a RippleX Developers portal on Oct. 17, engineer Mayukha Vadari said that the Ethereum Virtual Machine (EVM) sidechain for XRPL was now live on devnet. The system to bring more Ethereum compatibility to Ripple was initially introduced in September 2021, but it has now finally been launched for wider testing and...Read More
Binance has burned an extra 2.5B Terra Classic (LUNC) tokens in its third round of weekly off-chain burns despite the low trade volume that Binance had announced to implement a Terra classic (LUNC) burn mechanism to burn all trading fees for Terra Luna Classic (LUNC) tokens. In keeping with its commitment to the Terra community,...Read More
Bloomberg reported that the CFTC and SEC are investigating Three Arrows Capital. The US regulators want to understand whether the Singapore-based cryptocurrency hedge fund violated some rules and laws that hedge funds must comply with. Sources interviewed by Bloomberg hinted that U.S. regulators seem to think 3AC could have been misleading clients about the strength...Read More
