Solana-based Okay Bears NFT collection has amassed nearly $18 million in sales on day one of its launch. This will be the first time that a Solana NFT project has managed to overthrow exclusive Ethereum-based NFT projects such as VeeFriends and Meebits in terms of the trading volume. Solana’s Okay Bears NFT, which is its …
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The hacker exploited the USDC/DEI pool and stole $13.4 million. This is DEUS Finance’s second flash loan exploit in under two months, the first occurring in Mar. 2022. Flash loan exploits and hacks, in general, continue to be a threat to the DeFi market. DeFi infrastructure protocol DEUS Finance has suffered yet another flash loan …
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On Monday, Mayor Horacio Rodríguez Larreta of Buenos Aires, the capital of Argentina, announced that the city is on the verge of recognizing crypto as a medium that could be used for various financial transactions, including tax payments, according to local media reports. This surprising move is part of the many changes expected to be …
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A study published by the Economic Bureau of Economic Research claims El Salvador’s Chivo Wallet has been a bust. Researchers say despite high initial interest, the usage of the Chivo Wallet is low and concentrated among the already banked, educated, young male demographic. What’s more, they also say “virtually no downloads” have occurred in 2022. …
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Gibraltar has unveiled new regulations to curb insider trading and market manipulation in the crypto industry. The British overseas territory published an amendment to the current laws earlier today and issued a guidance note to crypto companies operating within its jurisdiction. Per the guidance note, Gibraltar requires crypto firms to respect the markets in which …
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The Central Bank of Russia has recently proposed authorizing traditional stock exchanges to operate in the digital assets market. Industry watchers say the regulator aims to provide investors with an option to trade cryptocurrencies in a controlled environment. Russian Stock Exchanges to List Digital Financial Assets, Central Bank of Russia Suggests Stock exchanges and central …
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According to a research report, $1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% of the stolen funds derived from decentralized finance (defi) protocol exploits. Defi Exploits Account for Lion’s Share of Stolen Crypto This Year 2022 is already breaking …
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Comparing the rise of crypto assets to the gold rush, a top executive at the European Central Bank has urged governments to take action to prevent “a lawless frenzy of risk-taking.” Speaking in the U.S., the ECB official called for a global regulatory clampdown on cryptocurrencies and stepping up efforts to issue central bank digital …
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Bitcoin Price Prediction – April 28The BTC/USD market activities recently downed close to the pivotal support trading line at $37,500. But, the situation has taken another dimension as the BTC may rally back to the $42,500 area of resistant-trading spot soon. Price is trading around $39,689 at a positive percentage of 1.18. BTC/USD Market Key …
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Price is Trying to Recuperate – April 27The recent downward-moving still featured within a well-set pattern denoting an expectation to see the ETH/USD market operation making rebounding moves after a notable downing course. In a compliance trait, the ETH market price is trying to recuperate after averaging a particular psychological lower point as it trades …
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Ripple CEO Brad Garlinghouse says the payments company continues to grow despite the lawsuit filed by the U.S. Securities Exchange Commission (SEC). In a new Bloomberg interview, Garlinghouse says that Ripple is enjoying record growth despite the SEC lawsuit alleging XRP, the native digital asset on the XRP Ledger, to be a security and crippling …
There’s a special bond between mothers and their sons. For pseudonymous Alan, a 28-year-old engineer, a Bitcoin (BTC) loan helped his mom to buy a house. Alan told Cointelegraph that he took out a Bitcoin-backed loan in 2021 — serendipitously on his sister’s birthday — to gift his mom the tax-free money. She then used …
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Bitcoin (BTC) has reentered its most significant lifelong consolidation zone but could still crash to a “macro bottom,” new research warns. In a Twitter thread on April 27, on-chain analytics platform Material Indicators shone a light on the importance of $38,000 for BTC price action. Bitcoin circles all-important point of control After lingering near liquidity …
Okay Bears, a Solana-powered NFT, managed to top OpenSea’s 24-hour sales tracker for the first time earlier today, beating out all other Ethereum (ETH) projects on offer. It’s the first time a Solana (SOL) NFT project has reached the top spot in popular NFT marketplace OpenSea’s 24-hour sales tracker. .@okaybears No.1 on the OpenSea 24h …
HodlX Guest Post Submit Your Post Crypto markets have been relatively more stable as of late, with Bitcoin down only one percent over the past week. Certainly, Monday’s announcement of Elon Musk’s $44 billion buyout of Twitter helped crypto. But now it’s the turn of the heavyweight US tech companies (Google, Microsoft, Amazon, Apple, Facebook) …
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