The Ethereum-centric and decentralized protocols software firm Consensys has announced the launch of TURN token, or “Time-Unit Representative NFTs.” Consensys details that TURN tokens will create a new market for tokenized security auditing via Consensys Diligence, the firm’s smart contract audit service. Consensys Diligence to Launch TURN Tokens in Mid-August From August 15th to the …
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Cryptocurrency exchange Zipmex has halted withdrawals due to “volatile market conditions, and the resulting financial difficulties of our key business partners.” The exchange operates in Singapore, Australia, Indonesia, and Thailand. Zipmex Pauses Withdrawals Crypto exchange Zipmex, which operates in Singapore, Australia, Indonesia, and Thailand, has become the latest crypto company to halt withdrawals. The platform …
sponsored With the development of the public chain and the growing adoption of blockchain technology, public chains initiated by crypto exchanges are getting more attention. Relying on the advantages of the exchange’s cutting-edge technology team, the exchange public chain has differentiated itself clearly from the rest. KuCoin Community Chain (KCC) has been established for more …
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Joyride Games, a Web3 game publishing platform renowned for building, launching, and operating blockchain-powered games, has successfully launched its casual play-to-earn (P2E) gaming platform on Flow chains. In a July 20 announcement, the gaming publishing platform confirmed the launching of its Web3 game publishing platform “Solitaire Blitz” on Flow chains. Flow is a blockchain-powered network …
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The U.S. Federal Bureau of Investigation (FBI) is cautioning against cybercriminals targeting crypto investors. According to the FBI, cybercriminals are using mobile crypto asset investment apps as tools for defrauding their victims. “The FBI is warning financial institutions and investors about cybercriminals creating fraudulent cryptocurrency investment applications (apps) to defraud cryptocurrency investors. The FBI has …
A layer-2 scaling solution is surging after the announcement of a new feature aimed at supercharging the Ethereum (ETH) network. In a new blog post, the team behind Polygon (MATIC) says it has achieved a major breakthrough in zero-knowledge proof (ZKP) technology which is fully compatible with the Ethereum Virtual Machine (EVM). In a zero-knowledge …
Electric vehicle maker Tesla sold most of its Bitcoin (BTC) holdings in the second quarter, according to new financial disclosures released on Wednesday. “As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency,” Tesla said in its quarterly statement. “Conversions in Q2 added $936M of cash to …
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The tech trade group Chamber of Progress called on members of the United States Senate and House of Representatives for regulatory clarity in the crypto space in an effort to prevent firms from leaving the country. In a Wednesday letter addressed to eight committee chairs in the House and Senate, Chamber of Progress financial policy …
The Financial Services and Markets Bill was introduced into the United Kingdom’s Parliament on Wednesday. The comprehensive bill, which was meant to preserve the U.K.’s leading place in the financial world post-Brexit, repealed retained EU laws, reformed certain insurance laws, supported victims of financial fraud and established new growth and competitiveness objectives. The bill also …
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In this week’s newsletter, read about the most expensive CryptoPunk sale in 30 days. Check out the report that predicts the growth of the NFT market in 2030 and actor Bill Murray’s biographical NFT project. Additionally, you can learn about the successful tech demo of the Otherside Metaverse. And don’t forget about this week’s Nifty …
Continue reading “CryptoPunk sells for $2.6M: Nifty Newsletter, July 13–19”
As of today, DYDX/USD has risen by 15.2%. This crypto dethroned Fantom to get to rise to the top of the crypto daily mover’s list today. Also, dydx crypto now trades at $2.388, and with indications, may still rise a little further today. DYDX price now: 2.388 DYDX Market Cap: 154.3 million DYDX Total Supply: …
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Summary: Coinbase has stated that it has no financial exposure to Three Arrows Capital, Celsius Network, Voyager Digital, or any crypto company that has collapsed in the last few months. Coinbase points out that these crypto firms’ issues were ‘foreseeable’ as they were overleveraged. The crypto exchange has pointed out that it ‘stress tests its …
A closely tracked crypto trader says there are two key factors powering the current rally in the cryptocurrency markets. Earlier this month, pseudonymous analyst Light told his 167,100 Twitter followers that after an abysmal first half of the year, crypto bulls were in a position to inspire a rally in the markets but lacked the …
A former Celsius executive has alleged that the crypto lending firm may have been negligent in various ways leading up to its ultimate bankruptcy. According to a new report by CNBC, Celsius’ former director of financial crimes compliance Timothy Cradle says that the embattled company was allegedly neglecting compliance laws and manipulating the price of …
July 20, 2022 – Singapore, Singapore Bluejay Finance, a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9 million in funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures and more, with operator-angels including DeFi projects like Ribbon Finance, Flux, Voltz and …
