Status plans to incentivize node operators for decentralized messaging protocol

Ethereum-based project Status has started an incentivization program for node operators around its decentralized peer-to-peer messaging protocol, Waku. In an announcement today, Status said it would be rolling out the first phase of a program to encourage people to set up and run nodes used by Waku, a private messenger based on the Whisper protocol. …

Hackers stole at least $600M in Poly exploit across three chains

In what may be the largest attack in decentralized finance (DeFi), unknown hackers used an exploit on cross-chain protocol Poly Network to remove at least $610 million from three chains. According to a Tuesday update on Twitter, Poly Network said the attacks had removed assets from Binance Chain, Ethereum and the Polygon network. Blockchain data …

Ethereum Price Rallies After London Hard Fork Upgrade, ADA, LTC, AAVE, Aug. 9

ETH London upgrade could cut energy usage 99%. LTC gets another exchange-traded product. ADA to list on Japanese exchange. AAVE leads defi. ETH The Ethereum price has rallied strongly in the last two weeks after the project completed the London hard fork upgrade. The latest improvement to the blockchain is part of the highly-anticipated move …

Ted Cruz says crypto got ‘screwed’ after senate votes on infrastructure bill

In an occurrence with effects yet to be fully determined, US democrats have objected to moves to make further amendments to the crypto tax provision in the infrastructure bill.  Senator Cruz reflects on crypto bill provision Ted Cruz, the lawmaker representing Texas at the United States Senate, revealed this in a tweet on Monday.  “Crypto …

American Cinema giant AMC is now accepting Bitcoin (BTC)

American Cinema giant AMC is now accepting Bitcoin (BTC) | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bitcoin › U.S. › Adoption The largest cinema operator in the world has revealed its plan to begin accepting Bitcoin as a valid payment method for its …

Tether (USDT) cash equivalents have increased to 85%, company reveals

Tether Holdings Limited, the company behind the world’s largest stablecoin by market cap, revealed more details about its reserves in an assurance opinion by Moore Cayman, an audit services provider, which concluded that the information in the company’s Consolidated Reserves Report (CRR) is accurate. Tether’s reserves  “The group’s consolidated assets exceed its consolidated liabilities,” according …

Personal Savings Feature Added to West African Platform Facilitating Crypto-to-Fiat Conversion

Duniapay, a digital banking platform created by three students from Burkina Faso, has added a personal savings feature to its banking application that already provides residents from some 14 West African countries with a flexible digital platform to access financial services. Using a Stablecoin to Save The new feature, which is viewed as another demonstration …

AMC to Accept Bitcoin for Movie Tickets and Concessions by End of 2021

AMC Entertainment Holdings, Inc., plans to accept bitcoin by the end of 2021 according to CEO Adam Aron on an earnings call on Monday. Aron said the movie theater chain will start accepting the leading crypto asset once the company has information technology (IT) systems in place. AMC Plans to Accept Bitcoin According to Firm’s …

Decentralized Cloud Network Service Sukhavati Network Announces SKT Listing on Gate.io and MEXC

sponsored Sukhavati Network is to host its startup sale on Gate.io’s platform as part of the “Startup Project Free Airdrop Program”. The “Startup Project Free Airdrop Programme” was launched by Gate.io to provide users with early access to innovative and advanced projects, where VIP and GT users are entitled to a variety of token airdrop …

Israel’s Mossad Is Hiring a Cryptocurrency Specialist

The Israeli intelligence service, Mossad, is now looking to hire someone who understands digital currencies. According to the job posting, the role requires extensive expertise in the field of financial technologies. Mossad Recruiting Expert With Fintech Background Israel’s Institute for Intelligence and Special Operations, Mossad, is seeking an expert with a deep understanding of cryptocurrencies …

There’s No Stopping the Bitcoin Train After BTC Breaks This Price Level, Says Top Crypto Analyst

Closely followed crypto trader Pentoshi says there will be no stopping Bitcoin after BTC breaks a certain price area. The pseudonymous trader tells his 212,000 followers that the $48,000 level is the last point before Bitcoin becomes unstoppable. ADVERTISEMENT   “Above $48,000, I think there’s nothing stopping this train. It’s the last level structurally that …

Is the cryptocurrency epicenter moving away from East Asia?

It probably came as little surprise last year when crypto intelligence firm Chainalysis declared East Asia “the world’s largest cryptocurrency market,” accounting for 31% of all cryptocurrency transacted during the previous 12 months. The region has a broad base of retail users along with a solid foundation of crypto traders and institutions, and China alone …

Major Turkish sports club Fenerbahçe issues fan token on Ethereum

Fenerbahçe S.K., one of the three biggest sports clubs in Turkey, issued its own fan token on the Ethereum blockchain through a new partnership with local crypto exchange Paribu. The initial presale of 500,000 unlocked tokens was completed on Monday, netting the club 15 million Turkish lira ($1.75 million) in 30 seconds. The club announced …

South Korean banks doubled crypto transaction fee revenue in Q2

Three South Korean banks with crypto exchange partnerships have reportedly made $14.71 million in transaction fees in the second quarter of 2021. According to The Korea Herald, Shinban Bank, K bank and NH Nonghyup Bank announced a total revenue of 16.9 billion South Korean won in Q2. The “big four” crypto exchanges in South Korea …

SEC wants ‘terabytes’ of Slack communications from Ripple

The legal battle between the United States Securities Exchange Commission (SEC and blockchain-based payments firm Ripple continues, with the regulator wanting further access to Ripple’s internal communications. The SEC filed a motion with the Southern District of New York on Monday, requesting Judge Sarah Netbrun to order Ripple to produce and submit its employee messaging …

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