Four alleged masterminds of the “Oz Project” have been arrested after duping investors across Japan for at least four years. According to investigators, the scheme raked in $55 million from about 20,000 investors, promising 2.5 times returns in four months. Police in Aichi Prefecture, Japan, said Monday that four men have been arrested for defrauding …
Yearly archives: 2021
XRP Price Prediction: XRP/USD Holds Sideways Moves at $0.60
XRP Holds Sideway Moves – July 13The trade valuation of XRP/USD holds sideways moves close down to the level of $0.60. The crypto’s percentage rate of trading as of writing; stands at -0.84 to trade at about a point of $0.62. Holds Sideway Moves: XRP MarketKey Levels:Resistance levels: $0.80, $1, $1.20Support levels: $0.50, $0.40, $0.30 …
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On-Chain Data Suggests Bitcoin Will Rise to $157,000 After ‘Weird Pullback’ Ends: Analyst Willy Woo
Popular on-chain analyst Willy Woo says that Bitcoin is poised to hit the six-digit price range once its retracement is over. Woo says in a new interview with Bitcoin bull Anthony Pompliano that based on on-chain data, he believes it’s only a matter of time before the leading crypto asset kicks off the next phase …
China shuts down crypto mining in Anhui province
The Chinese government continues cracking down on the cryptocurrency mining industry by suspending crypto mining operations in another province. Authorities at Anhui, a small province in eastern China, have announced a set of measures to tackle growing electricity demand and an associated power supply shortage in the next three years, local news agency Hefei Online …
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Bitcoin price can only go up if $30K accumulation ‘reset’ continues — research
Bitcoin (BTC) is seeing a “reset” in investor behavior at $30,000 and the trend need only continue to spark a price rise. According to on-chain monitoring resource Ecoinometrics on July 13, the only way is “up” for BTC/USD if hodlers continue accumulating coins. “Intriguing” data points to fresh demand Analyzing who bought coins since the …
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Nifty News: Muse frontman drops track as NFT, Chimps create NFTs and more…
NFTs are the new muse In an exclusive shared with Cointelegraph, celebrity-focused NFT auction platform Cryptograph has announced the launch of an exclusive track from Muse frontman Matt Bellamy in the form of a nonfungible token (NFT). The token will be issued to accompany the launch of Bellamy’s new 10-track solo album Cryosleep on July 16, …
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Uniswap v3 launches Optimistic Ethereum layer two scaling in alpha
The long-awaited layer two scaling solutions upgrade for Uniswap has finally been spotted in the wild with the launch of version 3 on Optimistic Ethereum. In a post on July 13, the world’s most popular decentralized exchange stated that it was pleased to finally announce the alpha launch of Uniswap v3 on the Optimistic Ethereum …
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ChainSwap announces compensation and ‘deep audit’ plan after $8M exploit
Cross-chain asset bridge, ChainSwap, has announced a compensation plan for users after suffering an $8 million loss in its second exploit suffered this month. ChainSwap supports the Ethereum, Polygon and Binance Smart Chain networks. On July 10, the hacker exploited a vulnerability allowing them to steal more than 20 different assets from the liquidity pools …
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Billionaire SBF says FTX may one day buy Goldman Sachs and CME
Hong-Kong-based billionaire Sam Bankman-Fried has stated that FTX may consider buying U.S. financial giant Goldman Sachs and exchanges such as Chicago Mercantile Exchange (CME) in the future. Speaking with the Financial Times on July 14, Bankman-Fried stated that if FTX can become the top crypto exchange and supplant rivals such as Coinbase and Binance, the …
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Thales raises $2.5M for binary options platform in Synthetix ecosystem
A decentralized finance project providing binary options style trading has just completed a $2.5 million seed round. Binary options are financial instruments that allow traders to speculate on the price movement of the underlying market or cryptocurrency. There are two possible outcomes which is why they are considered binary. At launch, Thales will support markets …
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Concern as Uniswap-backed ‘DeFi Education Fund’ dumps $10M worth of UNI
The controversial Uniswap-funded DeFi Education Fund has liquidated half of its donated funding into stablecoins, attracting condemnation from many in the crypto community. On June 12, the fund tweeted that it was selling 500,000 UNI to Genesis Trading for 10.2 million USDC in an over-the-counter (OTC) trade, despite the Uniswap proposal for the fund indicating …
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Jed McCaleb sold over 100 million XRP since the beginning of this month
With currently over a half a billion Ripple (XRP) still remaining in his “tacostand” cryptocurrency wallet, Jed McCaleb continues dumping his stash. Blockchain payments company Ripple sent its former chief technology officer and co-founder another payment of over 291 million Ripple tokens earlier this month, which was, according to the blockchain explorer XRPScan, the latest …
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Gold bug Peter Schiff reveals the price he would buy Bitcoin (BTC) at
Gold bug Peter Schiff is known for his hatred of Bitcoin. But in a recent interview with Anthony Pompliano, he divulges what it would take for him to buy into the leading cryptocurrency. [embedded content] Peter Schiff’s view on inflation makes sense As much as the crypto community dumps on Schiff, his views on Modern …
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Blockchain Groups From Major Universities Are Powerful Voters in Defi Governance Protocols
Data shows a number of groups from major universities are participating in decentralized finance (defi) governance. For instance, out of 15 of the largest voters in Uniswap’s last governance proposal, six of the major voters were tied to universities like Harvard, Berkeley, Stanford, Penn, Michigan, MIT, and Columbia University. Blockchain University Groups Identified as Major …
A Group of Users Is Battling Binance to Get Their Money Back After May’s Crash
A group of Binance customers are seeking to get their funds back after the platform froze in May. These users had leveraged positions and were unable to reduce them or close them. On May 19, Binance’s app crashed for more than one hour, leaving customers unable to manage their funds. These users are now pursuing …
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