ETH Pushes Higher – July 28There has been an obvious sign that the ETH/USD market as the crypto price pushes higher to slightly breaching past the upper range spot at $1,500. In the last seven days of operations, the pairing instruments traded between $1,362.95 and $1,666.88 value lines. Price now features a minimal negative percentage …
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July 26, 2022 – Boston, Massachusetts StarCard Sports Games (SCSG), the creator of New World Football Alliance, a play-to-earn football (soccer) video game marrying blockchain with social impact and environmental initiatives, announced today the launch of their Legends platform. This is a series of real-world and in-game partnerships between SCSG and some of the most …
Crypto exchange Kraken is reportedly under federal investigation for allegedly violating a US sanction against Iran. The US has imposed restrictions on activities with Iran following the hostage crisis at the American embassy in Tehran in 1979. As a result, US-based businesses are not allowed to buy or sell goods to anyone in the Middle …
The new digital trend is becoming increasingly popular not only among internet users but also among the classical offline business. Industries are adapting to new realities one by one. Today we are witnessing the boost of those that have always been traditionally real. But what will happen to them in the metaverse? People used to …
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The Bitcoin price rebounds from the early dip at $22,580 as the buying interest may increase approach to $24,000. Bitcoin Prediction Statistics Data: Bitcoin price now – $23,251 Bitcoin market cap – $443.8 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Bearish …
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South Korean regulators are investigating two of the country’s biggest banks for carrying out $3.1 billion worth of “abnormal” foreign exchange transactions. The banks – Shinhan Bank and Woori Bank – are being investigated for money laundering linked to crypto investments since February 2021. The Financial Supervisory Service (FSS) got information about the unusual transactions …
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The President of El Salvador, Nayib Bukele, is planning to buy back $1.6 billion in bonds amid a persistent recession in the cryptocurrency market. The price of Bitcoin has plunged by nearly 70% from its all-time high, and El Salvador’s Bitcoin holdings have been affected by this. El Salvador to buy back bonds Bukele posted …
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Summary: Harmony founder, Stephen Tse, has responded to community concerns over the recent reimbursement proposal involving the minting billions of ONE. Mr. Tse states that he has noted the community’s suggestions and met with the team to discuss a way forward. The Harmony team will return to the drawing board to develop additional proposals. The …
Summary: Leading cryptocurrency Bitcoin traded higher than $23K on Thursday. The top coin enjoyed a slight rally following Wednesday’s FOMC meeting. America’s Q2 GDP report was also released with the figure at -0.9%. The number signaled a recession per technical definition although authorities opined differently. Crypto coin prices flashed green regardless of the news with …
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After more than a week, South Korean authorities concluded their raids on crypto companies in connection with the Terra case on July 27, Yonhap news reported. The Seoul Southern District Prosecutors Office is investigating the collapse of TerraUSD (USTC) and allegations of fraud against Terraform Labs co-founders Do Kwon and Daniel Shin. The prosecutors had …
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Solana-based DeFi protocol, Nirvana Finance lost $3.5 million to a flash loan attack on July 28. 1/ 🚨 On 28 July, adaptive yield protocol @nirvana_fi was exploited for $3.49M, forcing the protocol’s $ANA token price to collapse over 85%. The SolanaFM team broke down the key movements involved during the exploit. 👇 Nirvana Hacker Account:https://t.co/Zsde5MdW0j …
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The second biggest stablecoin by market cap, USDC, is expected to overtake USDT, according to analysts at Arcane Research. The Glassnode chart below shows relatively parallel growth for both tokens from September 2020 onwards. This period was the run-up to the start of the last bull market, as Bitcoin re-reached the previous cycle peak of …
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FTX US has opened its no-fee stock trading offering to all US users, as it seeks to reach more customers. The exchange had earlier allowed selected users to test out its stock trading option. With a full launch of the trading service, the exchange is looking to expand and attract more retail investors. FTX US …
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The International Monetary Fund’s (IMF) Director of Monetary and Capital Markets, Tobias Adrian, warned that more crypto projects might fail, particularly stablecoins. The comments made for unwelcome news as investors, still raw from the Terra implosion and subsequent liquidity drain, continue to hold hope that the worst is over. Speaking to Yahoo Finance, Adrian said …
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Ethereum’s (ETH) tenth shadow fork went live on July 26 at 11:45 UTC bringing the network closer to its transition to a proof-of-stake (PoS) consensus mechanism. Ethereum’s tenth shadow fork is live The shadow fork went live 26 hours ahead of schedule with no significant glitches reported and sets the stage for the Goerli testnet …
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