New research claims 21 accounts pumped the $4.4B EOS ICO with wash trades

New research has shed more light on the crypto industry’s largest-ever token sale, alleging that foul play may have been afoot during EOS’s initial coin offering (ICO) four years ago. Researchers from the University of Texas have raised fresh concerns regarding Block.one’s record $4.362 billion ICO for the EOS blockchain in 2017 and 2018. The …

70% of Salvadorans opposed to Bitcoin Law as Sep. 7 implementation draws near

With less than a week to go before El Salvador’s Bitcoin Law takes effect on Sept. 7, a majority of citizens surveyed are opposed to government-mandated cryptocurrency adoption. A survey conducted by the local Central American University’s (UCA) Institute of Public Opinion has found that 70% of Salvadorans believe President Nayib Bukele’s Bitcoin Law, recognizing …

12-year-old without a bank account makes $400,000 selling ‘Weird Whales’ NFTs

Benyamin Ahmed, a 12-year-old British Pakistani boy has made around $400,000 after launching his very own non-fungible token (NFT) project, Weird Whales. The young programmer wrapped up the project featuring 3,350 programmatically-generated pixel whales during school holidays and made a small fortune after his artwork went viral on Twitter.  Creative 12-year old coder “I completed …

Vitalik Buterin proposes greater integration of Dogecoin (DOGE) and Ethereum

If Ethereum co-founder Vitalik Buterin gets his way, Dogecoin could be set for an overhaul that would see a major step forward in its evolution. With DOGE struggling to recapture its previous form from earlier on in the year, this proposal could go some way to reigniting interest in the controversial meme token. How can …

Earn by Holding USDCoin in V2 of the BlockBank Application

sponsored BlockBank will be enabling its users to earn interest on the stablecoin USD Coin (USDC), with rates up to 60x the US national average of a traditional savings account. Best of all, your USDC is guaranteed by BlockBank, giving you complete certainty whilst you earn interest. With the BlockBank application V2 update arriving in …

Crypto Exchange Binance Plans US IPO in 3 Years, CEO Says

Cryptocurrency exchange Binance’s U.S. arm could be going public in three years, Binance CEO Changpeng Zhao has revealed. He said that his exchange “is just going to do what Coinbase did.” Coinbase Global went public on Nasdaq via direct listing. Binance Plans to IPO in the US Within 3 Years Binance’s founder and CEO, Changpeng …

Candidate for Mayor Promises to Make NYC the Most Cryptocurrency-Friendly City in US

Curtis Sliwa, a candidate for New York City (NYC) mayor, said that he will make his city “the most cryptocurrency-friendly city” in the U.S. if he is elected. He joins a growing list of mayors and mayoral candidates in growing cryptocurrency adoption. Mayoral Candidate Plans to Turn NYC Into the Most Crypto-Friendly City NYC mayoral …

Cardano’s Charles Hoskinson Expects Cryptocurrencies to Play Larger Role in Afghanistan

The founder of Cardano and co-founder of Ethereum, Charles Hoskinson, says that he expects cryptocurrencies to “play a larger role” in Afghanistan amid war with the Taliban forces. Charles Hoskinson Sees Cryptocurrencies Playing Larger Role in Afghanistan Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, explained in an interview with CNBC Tuesday that …

$2 Billion Crypto Fraud Bitconnect and Founder Charged — Director Pleads Guilty to Criminal Charges

The $2 billion crypto fraud scheme Bitconnect and its founder have been charged in the U.S. In a parallel enforcement action, a Bitconnect director and top promoter has pleaded guilty to criminal charges in the U.S. “The Bitconnect scheme is believed to be the largest cryptocurrency fraud ever charged criminally,” said the U.S. Department of …

Zee Studios Launches its First-ever NFT on Polygon, Powered by NFTically

Zee Studios is proud to announce its first-ever NFT drop on its own NFT Store, powered by NFTically. For this initiative, Zee Studios has chosen Polygon Blockchain to drop its first NFT on its NFTically Powered NFT Store. Zee is a household name in India, and has been emblematic to the Indian Entertainment Industry for …

17% of Australians now own crypto, totaling $8B between them: Survey

One in six Australians now own cryptocurrency, with the total value of their holdings adding up to $8 billion, according to a recent survey.  The full report of the Finder Consumer Sentiment Tracker was posted online on September 2. It is a monthly ongoing survey of 1000 nationally representative Australians conducted by Qualtrics. The most …

Shanghai Man: Billionaire buys CryptoPunks, Arbitrum finds traction, markets ignore warnings

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.   There are a lot of narratives to keep an eye on as China enjoyed a relatively quiet week on the regulatory front and …

Cardano (ADA) Breaks $3, Here’s Why Price Will Break $4 In Coming Week

Cardano (ADA) has been on fire recently. At this point, it is no longer a surprise to see the asset posts massive returns in just a short period of time. With so many big things lined up for the project, the price has continued to rally. Now, ADA has broken a critical resistance point in …

Why Bitcoin And Ethereum Could Be In Trouble As Derivatives Pressure Mounts

Bitcoin and Ethereum are in the green on high timeframes. The first and second cryptocurrencies by market cap seemed to be recovering well, after months of sustained selling pressure. At the time of writing, BTC trades at $49,319 with a 1.4% profit in the daily chart. Earlier, Bitcoin was rejected as it made its way …

As Bitcoin Breaks $50k, Indicators Show A Calm Before The Storm

As Bitcoin retests the $50k price level, on-chain indicators seem to be aligned so that they suggest the coin might explode upwards soon. Bitcoin Indicators May Be Showing A Calm Before The Storm As pointed out by a CryptoQuant post, Bitcoin indicators seem to be showing some interesting values right now. Some of these even …

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