Cryptocurrencies are all the rave at the moment, given their phenomenal returns. Even though the industry is still infantile, it has received wide acclaim and growing adoption. However, new crypto investors may feel left out in joining the crypto bandwagon. Not to worry. There are still digital assets just making their entrance into the crypto …
Continue reading “5 Best New Cryptocurrency To Buy Now August 2021”
Dogecoin is one of the altcoins that is highly popular among millennial traders. The altcoin rose to fame this year, a trend that picked the interest of Tesla’s CEO, Elon Musk. However, dogecoin’s fame has not made it immune from market volatility, and in the past months, the coin has been through ups and downs. …
Continue reading “Dogecoin Price Up 2.7% to $0.266 – Where to Buy DOGE”
Blockchain security firm SlowMist says the attacker behind a $611 million hack of Poly Network left a trail of digital fingerprints revealing the details of the massive crypto heist. Poly Network, a project that enables the swapping of tokens across different blockchains, tells its 16,400 Twitter followers that its system was breached on Tuesday. ADVERTISEMENT …
Four altcoins, all of which individually boast a market capitalization of below $600 million, have recorded growth of over 100% in just seven days. At the top of the list is TrueFi (TRU), a decentralized finance (DeFi) protocol that supports uncollateralized lending. According to CoinGecko, TRU surged from a seven-day low of $0.14 to $0.75, …
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Following a massive $600 million exploit of cross-chain protocol Poly Network, the Poly Network hacker has claimed his willingness to return the stolen cryptocurrency funds. At about 4:00 UTC on Wednesday, the hacker sent an Ethereum transaction to themselves, stating that they were “ready to return the fund” in an embedded transaction message. Source: Etherscan …
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India’s regulatory uncertainties have not affected the investor’s sentiment toward crypto as the latest data from crypto exchanges suggests a rising influx of users. Binance-owned Indian crypto exchange WazirX reported 2,648% growth to date in user signups from smaller cities across India, also known as tier-II and tier-III cities, which can host up to 100,000 …
Continue reading “Women from small cities contribute to 65% of crypto sign ups in India”
USD Coin (USDC), Circle’s dollar-pegged stablecoin, seemingly lost one of its biggest competitive advantages over its rival, Tether (USDT). Major crypto exchange Coinbase made an important change on the USD Coin page on its website following an audit which revealed that not all of USDC’s reserves were held in cash. This rain contrary to the …
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Bitcoin (BTC) reserves on derivatives exchanges have dropped to levels last seen before the May price crash. Data from on-chain analytics service CryptoQuant confirmed that as of Tuesday, derivatives reserves totaled 1.256 million BTC — the least since May 11. Institutions repeat Q4 2020 Against a backdrop of institutional interest returning to cryptocurrency instruments such …
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In the summer of 2016, the value of all crypto in the world was not quite $10 billion. Since then, that number has only increased. Today, anyone can buy crypto with Robinhood, S&P 500 companies have placed bitcoin on their balance sheets, and the overall value of the crypto market remains at more than $1.5 …
Continue reading “Seriously, Venture Capitalists bring legitimacy to crypto, DeFi, and NFTs”
The United States Securities Exchange Commission (SEC) filed a motion this Monday, requesting Judge Sarah Netbrun an order compelling Ripple to search and produce relevant employee messaging on Slack. SEC filed an emergency motion for a discovery conference regarding Ripple’s internal correspondence on the business communication platform as the legal battle between the regulator and …
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According to a report, the Central Bank of Nigeria (CBN) is planning to have its proposed digital currency designated “critical national infrastructure” in order to protect it from operational and cyber-security risks. In addition, the CBN will also apply regulatory and compliance mechanisms to prevent what it calls “disruptive competition for electronic money.” Cost Versus …
Circle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a set of responsibilities and duties to the company equal to those of other mainstream banks: having to report to the Federal Reserve, U.S. Treasury, OCC, and the FDIC. However, it would also put the company …
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Chainalysis, one of the leading blockchain intelligence companies in the world, has announced it will now cover the Dogecoin network in its reports. The company argues that dogecoin became one of the most known cryptocurrencies in the world after being promoted by Elon Musk, CEO of Tesla during this year. This, consequently, has attracted criminals …
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press release PRESS RELEASE. BENQI, an algorithmic liquidity market protocol, and the Avalanche Foundation are collaborating on a joint liquidity mining program to celebrate the launch of the BENQI protocol on the 19th of August and the next phase of growth within Avalanche’s DeFi ecosystem. $3MM of AVAX will be allocated as liquidity incentives for …
The slight bullish sentiment across the broader market has triggered an increased demand for cryptocurrencies. This demand has led to increased prices of altcoins, with some of these making double-digit gains. MIOTA is among the altcoins making incredible gains. The coin has increased by 12.9% in 24 hours and is trading at $1.03 at the …
Continue reading “IOTA Price Up 12.9% to $1.03 – Where to Buy MIOTA”
