Another crypto exchange AscendEX losses $80 million to hacker

Over the weekend, a global cryptocurrency exchange, AscendEX, was brought to its knees as it became the latest victim of an attack that led to the loss of around $80 million worth of funds from its hot wallets. AscendEX losses close to $80 million to hack Blockchain security firm Peckshield Inc. revealed that the attacker …

5 Crypto Exchanges Custody 1.6 Million Bitcoin or Close to 8% of the Capped Supply

As of December 12, around 90% of all the bitcoin that will ever exist is in circulation today, and the top five exchanges hold 1.6 million bitcoin. The bitcoin holdings on Coinbase, Binance, Huobi, Kraken, and Okex combined represent 7.96% of the 21 million bitcoin supply cap. The bitcoin held by Coinbase is a whopping …

Nigerian Experts: CBDC Still Unattractive to Users Despite Claim of ‘Excellent’ Adoption Rate

Nigerian blockchain and cryptocurrency experts have suggested that many prospective users will only consider adopting the e-naira once the central bank has done enough to make the CBDC (central bank digital currency) an attractive option to use. E-Naira Still Unattractive to Users Some Nigerian experts have expressed doubts about claims by the Central Bank of …

OKEx Blockdream Ventures Partners With WAX

sponsored OKEx Blockdream Ventures Bets on the WAX Ecosystem with WAXP Token Purchase (Miami, FL) December 13, 2021 一 The Worldwide Asset eXchange (WAX) announced today that OKEx Blockdream Ventures are placing a bet on the WAX Blockchain Ecosystem, purchasing a significant position in WAXP tokens with the exact token quantity undisclosed. WAX is the …

Bitcoin (BTC/USD) Market Heightens a Correction at $50,000

Bitcoin Price Prediction – December 13It noticed that the BTC/USD market heightens correction after hitting resistance around $50,000. The crypto trade’s percentage rate gets increased by a negative number of 4.32 to trade around $48,229 as of writing. BTC/USD Market Key Levels:Resistance levels: $52,500, $55,000, $57,500Support levels: $45,000, $42,500, $40,000BTC/USD – Daily ChartThe BTC/USD daily …

Florida Governor Releases Budget Proposal With Effort To Create Crypto-Friendly State

Florida Governor Ron DeSantis is including provisions to promote the use of blockchain and crypto assets into the Sunshine State’s latest budget proposal. DeSantis recently proposed the Freedom First Budget for fiscal year 2022-2023, which includes $700,000 in programs aimed at creating a “crypto-friendly” state. The budget includes three programs involving digital assets. One of …

Daft Punk meets CryptoPunks as Novo faces up to NFTs

Just recently, NFT collector CryptoNovo was posing for hundreds of photos, taking meetings with top tech companies and attending scores of invitation-only parties across New York City. Today, the former-schoolteacher-turned-Metaverse-mascot is raking leaves in his suburban Illinois front yard. “Dude,” Novo remarks excitedly as he works, “That just happened.” That would be NFT.NYC, the early …

Bitcoin loses $48K on Wall Street open as trader warns altcoins look ‘rekt’ against BTC

Bitcoin (BTC) declined as Wall Street trading opened on Dec. 13 as stocks came off Dec. 10’s record close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD diving below $48,000 to reach multi-day lows at the time of writing. Equities had been tipped to add to all-time highs …

Bank of Russia to ban mutual funds from investing in Bitcoin

The Russian central bank continues its strict policies regarding the cryptocurrency industry, now officially banning mutual funds from investing in cryptocurrencies like Bitcoin (BTC). On Dec. 13, the Bank of Russia published an official statement on regulating investment opportunities by mutual investment funds. Despite expanding the number of assets available for investment by mutual funds, …

Recruiters say crypto firms seeking leadership in engineering, legal and finance

The crypto industry has enjoyed astronomical growth over the last couple of years. Now, talent recruitment experts say that crypto firms are in dire need of good leadership to scale their businesses. Previously seen as a nascent market, crypto is now a fast-maturing industry that attracts a lot of talent, David Richardson, partner at executive …

5 Top Altcoins to Buy This Week [Eth, SOL, ADA, Dot, Avax] December 2021

Cryptocurrencies are on a bearish trend, with the premier asset, Bitcoin, leading the way. The benchmark cryptocurrency is currently trading at $48,779 and has lost 24.25% in the last one month. However, the bearish movement has opened up opportunities for investors on the lookout for the top altcoins to buy this week. 1. Ethereum (ETH) …

IOST partners with UNIC IFF to support Women in Blockchain

The Internet of Services Foundation (IOST) has announced its partnership with the Institute for the Future (IFF) at the University of Nicosia (UNIC). The partnership seeks to support females who want to venture into the blockchain space. The two institutions will offer a scholarship program that will support Women in Blockchain. The successful applicants will …

Photographer who bought Bored Ape NFT for 0.08 ETH sells it for 347 ETH = £1.04million

A Bored Ape NFT has just been sold for 347 Ether tokens, equivalent to around $1.4 million. The Bored Ape Yacht Club (BAYC) is an exclusive community comprised of holders of the ape, and other mutant themed NFT collections on the Ethereum blockchain.The Bored Ape collection comprises 10,000 generative art pieces, and these are the …

Sushi Price at $6.01 after 11.3% gains – How to buy SUSHI

As the year ends, it looks like Bitcoin will not reclaim its all-time high of above $69K, given that it has failed to make any major gains past $48K. However, the persistent bearish trend has not prevented other cryptocurrencies from registering notable price gains. SUSHI has made double-digit gains during the past 24 hours despite …

Bitsgap Scalper Bot – $40,000 Milestone Is Hit!

Bitsgap, a crypto trading and automation platform, recently unveiled a powerful trading tool that can execute high-frequency trades and profit from price movements. The prize pool for the competition recently reached 40,000 USDT. Bitsgap has organized the Scalper trading competition. This creates new revenue-generating possibilities for cryptocurrency enthusiasts. It can execute high rates of trades …

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