A chunk of the inactive Bitcoins (BTC) stolen in the 2016 Bitfinex exchange hack has moved from the hacker’s wallets to an unknown wallet on Tuesday, as detected by blockchain analytics bot Whale Alerts. 20 transactions involving the stolen Bitcoins were flagged. A sum of 64,641.29 BTC, worth almost $2.5 billion at the time of …
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Bitcoin (BTC) is retaking market share from altcoins after its market cap dominance hit its highest since November 2021 last week. Data from CoinMarketCap and TradingView reveals BTC briefly accounted for over 42% of the overall crypto market cap in late January. Bitcoin claws back market cap presence Having suffered on the way down from …
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Meta, formerly branded as Facebook, has officially announced the closure of its digital currency project Diem after years of major efforts to move forward with the initiative. Announcing the news on Monday, Diem CEO Stuart Levey confirmed that Meta is selling intellectual property and other assets related to the Diem stablecoin project to its Silvergate …
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The Cardano network has recorded significant growth levels over the past year. One week after the Sundaeswap decentralized exchange launched on the network, another DEX has been unveiled. The launch of this second DEX on Cardano also comes as the network records its five months since launching smart contracts after the Alonzo hardfork upgrade was …
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New research has found that the annual transaction volume on the Bitcoin network surpassed that of some well-known card networks, such as American Express (AmEx) and Discover, during 2021. The NYDIG Research Weekly’s Jan. 29 report stated that Bitcoin processed $3 trillion worth of payments during 2021, placing it above popular credit card networks American …
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The world’s second-largest stablecoin by market capitalization keeps on growing as it erodes the dominance of the current leader, Tether. The stablecoin landscape is a constantly-shifting dynamic but one trend has become clear over the past year or so — Tether’s dominance is diminishing. Its main rival, Circle, has just reached a milestone of 50 …
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Yield Guild Games (YGG) has raised $1.45 million to support people affected by December 16’s Typhoon Odette in the Philippines, with nearly $1 million already dispersed to people in need. The funding was used to purchase essential goods like medicines, power generators, and canned food, which were turned over to the Philippine Army and Navy …
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BTC Price Consolidates Above $38k as Bitcoin Struggles below $39k High– January 31, 2022 BTC/USD has continued to retest the $38,000 and $39,000 resistance zones as Bitcoin struggles below $39k High. Bitcoin has formed a narrow range below the resistance zones. The price action is formed amidst a bullish expectation. However, if the bullish scenario …
press release PRESS RELEASE. GensoKishi is pleased to announce that the MV (Metaverse) token has been listed on QuickSwap (a decentralized exchange) at 10:00 UTC on January 29, 2022. GENSOKISHI Online, is a GameFi project that evolves from an award winning Nintendo Switch/PS4 game called “Elemental Knights”, that has been vigorously played for 13 years …
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On Monday, the team behind the Solana Web3 wallet platform Phantom announced it had raised $109 million in a Series B fundraise. The crypto company is now a Unicorn with a post valuation of $1.2 billion in value. Solana Web3 Wallet Phantom Raises $109 Million The Phantom wallet team has raised $109 million in a …
A recent survey by Deloitte shows that 82% of Indians plan to invest in cryptocurrency when the government provides more clarity surrounding the regulation of crypto assets. Moreover, 77.4% of respondents want cryptocurrency to be treated as securities. Indian Crypto Survey: 82% Plan to Invest in Crypto Once It Is Regulated Professional services firm Deloitte …
The U.S. Federal Trade Commission (FTC) has warned about social media being used in cryptocurrency investment scams. “Social media is a tool for scammers in investment scams, particularly those involving bogus cryptocurrency investments — an area that has seen a massive surge in reports,” said the FTC. Federal Trade Commission Warns of Crypto Scams Utilizing …
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By Brian Armstrong, CEO and Co-Founder Commerce pioneer and respected open-source programmer, Lütke will bring his global experience and perspective to bear as Coinbase seeks to expand its international footprint and build new products I’m excited to share that Tobias “Tobi” Lütke, CEO and founder of Shopify, will join Coinbase’s Board of Directors*. Tobi brings …
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The price of Terra has been choppy in the past few days despite the broader market regaining back it’s strength slowly. In the last week, the coin plunged by almost 30%. Related Reading | Bitcoin Funding Rates Remain Negative For More Than A Week At press time, LUNA was priced at $50.72. Earlier yesterday, LUNA …
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Meme coin Shiba Inu recently announced its move into the metaverse. The ‘Shibverse’ as it’s called will usher the cryptocurrency into a booming space, presumably to provide more utility for the digital asset. This news is no doubt well received by the community as it allows SHIB to participate in what is a booming industry. …
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