The shares of Coinbase have been facing a massive decline during the past 24 hours. The exchange shares have dropped by double digits to trade at $54.88 at the time of writing. The dip in COIN comes after Goldman Sachs lowered the exchange’s shares from “neutral” to “sell.” Goldman Sachs lowered COIN’s price target from …
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Lucky Block is a protocol that is revolutionizing the lottery industry. The lottery sector has evolved over the years, and Lucky Block has stepped in with a modern solution. The protocol plans to integrate blockchain technology into the lottery space to promote fairness and transparency. One of the prizes offered by LBLOCK is the weekly …
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Global hacktivist collective Anonymous is promising to hold Terra (LUNA) co-founder Do Kwon accountable for the collapse of Terra’s stablecoin ecosystem. In a new video, Anonymous says it will bring Kwon to justice at the earliest opportunity. “Do Kwon, if you are listening, sadly, there is nothing that can be done to reverse the damage …
June 28, 2022 – Vaduz, Lichtenstein Cantina Royale and Elrond Apes are teaming up to enhance the appeal of the upcoming top-down tactical arcade shooter with play-to-earn mechanics. Elrond Apes NFTs will be featured in the game and become usable across single and multiplayer battle modes. Elrond Apes is yet another popular NFT collection to be …
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Your favorite trader is saying Bitcoin (BTC) bottomed. At the same time, the top on-chain indicators and analysts are citing the current price range as a “generational buy” opportunity. Meanwhile, various crypto and finance media recently reported that Bitcoin miners sending a mass of coins to exchanges are a sign that $17,600 was the capitulation …
The TON Foundation, an organization developing the Telegram-initiated blockchain project, the TON blockchain, on Tuesday officially announced that TON miners have mined the final toncoin. “Tens of thousands of miners have mined the entire issuance of toncoins, which was about 5 billion tokens,” TON Foundation founding member and core developer Anatoly Makosov said in a …
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James Hume, head of sales at Huobi Global, said that while some institutional investors have gotten “cold feet” over crypto, many with billions of dollars are exploring the space. Speaking to Cointelegraph at the European Blockchain Convention on Tuesday, Hume said that the crypto exchange had observed increasing interest from institutional investors within the last …
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Cardano (ADA) has started painting a bearish continuation pattern on its longer-timeframe charts, raising its likelihood of undergoing a major price crash by August. ADA price in danger of a 60% plunge Dubbed the “bear pennant,” the pattern forms when the price consolidates inside a range defined by a falling trendline resistance and rising trendline …
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The ongoing bear market is forcing cryptocurrency firms to shift their strategy and implement new initiatives to help them cope with the downtrend. Crypto.com has announced that it will remove 15 cryptocurrencies from the Crypto Earn rewards program. Crypto.com removes several coins from the Earn program Among the coins that will be removed from the …
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The US Securities and Exchange Commission (SEC) has been hesitant to approve a spot Bitcoin exchange-traded fund (ETF). The SEC Chair, Gary Gensler, has said that the commission is reluctant to approve a spot Bitcoin EF arguing that the crypto market was prone to manipulation. Grayscale says the public supports a spot Bitcoin ETF Grayscale …
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The hacker behind the exploit on Harmony Horizon Bridge has started moving some funds into the Tornado Cash Ethereum mixer. The recent activity shows that the hacker has rejected the $1M bounty offered by Harmony if the stolen $100M is returned. Harmony hacker sends stolen funds to Tornado Cash On June 28, the hacker started …
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The CEO of Ripple, Brad Garlinghouse, has said that Ripple will leave the United States if the company loses its case with the Securities and Exchange Commission. Ripple and the SEC have been entangled in a lawsuit since December 2020, with the regulator saying that XRP is a security. Ripple vows to leave the US …
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Summary: The team at Celsius Network has debunked rumors that the project’s CEO attempted to flee the United States. Celsius Network representatives have spoken with two crypto media publications pointing out that all its team members are dedicated to stabilizing the project’s liquidity and operations. The team at Celsius Network has denied information circulating through …
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Zero-Knowledge Proof (ZKP) will play a significant role in the finance industry and which blockchains and web3 projects become popular as the technology offers enhanced privacy and scalability, according to a recent report by Mina Foundation. CEO of the Mina Foundation, Evan Shapiro, commented on the survey results and told CryptoSlate: “ZKPs becoming part of …
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Crypto exchange FTX denied media speculation that it is looking to acquire Robinhood, Reuters reported. The statement was made after a June 27 Bloomberg News report claimed the U.S.-based company was in discussions with Robinhood but had yet to make an offer. M&A rumors FTX CEO Bankman-Friend, in a statement issued to TechCrunch, said the …
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