Hackers steals $400K in NFTs from Premint users via malicious link

Popular NFT platform Premint suffered a hack on July 17, leading to total losses of around $400,000 for users who clicked on a malicious link. According to available information, the hacker compromised Premint’s website by adding a malicious JS file to the site. Unsuspecting users who clicked on the link gave the hacker access to steal …

Moonsama partners with KILT protocol for SocialKYC integration

Polkadot-based NFT project Moonsama has announced that it integrated SocialKYC on its Multiverse Bridge, allowing users to sign in using their wallets instead of usernames and passwords. Moonsama integrated this feature through a partnership with KILTprotocol using its Sporran Wallet and SocialKYC credentials. The new feature allows users to log in to their Moonsama account …

Bankruptcy lawyers believe Celsius customers may have to wait years for settlement

Lawyers commenting on Celsius’s recent bankruptcy filing told Reuters that users could face a long, drawn-out process in the path to recover their funds. “Customers should now buckle up for a bumpy ride as they await some clarity over the fate of their money.” Celsius files for bankruptcy following loan pay downs Celsius announced a …

Sweden averse to Bitcoin mining amid rapid rise in energy demand

Europe’s mining heaven Sweden looks to re-direct Bitcoin miners’ power to job-creating projects as the country’s energy demand rapidly increases. Sweden’s Energy Minister Khashayar Farmanbar told Bloomberg News: “We need energy for more useful things than Bitcoin, to be honest. We are moving from a period of administration to an extreme expansion where our entire …

ETH, Lido rally following update on Ethereum’s Merge as markets turn green

Flagship digital assets Bitcoin (BTC) and Ethereum (ETH) are in the green as their values rose to over $22,000 and $1,400 in the last 24 hours. According to data from Coinglass, over $300 million in short positions were liquidated because of the mini-rally of these assets. In the last 24 hours, Ethereum liquidated $210 million …

Biggest Movers: MATIC Climbs 20% to Hit 2-Month High, as AVAX Nears 6-Week Peak

Polygon was up by nearly 20% to start the week, as the token rallied to its highest level since May. Today’s surge comes as crypto markets were mostly in the green, with avalanche also hitting multi-week highs, and as of writing, is up by over 10% on the day. Polygon (MATIC) Polygon (MATIC) was one …

Bitcoin Treasuries Records Show $2.1 Billion in BTC Was Erased From Balance Sheets

During the 12 months, public companies, private companies, exchange-traded funds, and even countries have added bitcoin to their balance sheets. As of July 17, 2022, the aforementioned types of entities hold approximately 1,325,396 bitcoins worth $27.84 billion today. However, the number of coins stored in bitcoin treasuries has dropped since June 5, 2021, by approximately …

Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500, Following Strong Weekend Gains

Ethereum was once again higher on Monday, as prices of the token moved towards $1,500 following recent gains. Bitcoin was also in the green, as prices climbed close to a one month high, after surging above $22,000 to start the week. Bitcoin Bitcoin (BTC) was in the green to start the week, as the weekend’s …

Play-to-Earn Fantasy Sports Game, Ultimate Champions, Announces July 25th Launch Date for Its CHAMP Token

press release PRESS RELEASE. Unagi is shifting the way sports fans interact with their favorite sports clubs through their innovative free-to-play and play-to-earn fantasy sports game: Ultimate Champions. Live since April 2022, the company has shaken the industry with several trailblazing successes including: Launching its fantasy football game with over 40 clubs, including the English …

ApeCoin Rockets 20% After Bored Ape Announced Plans to Introduce “Otherside”

APE/USDT coin is trading dramatically higher, skyrocketing nearly 20% in 24 hours and over 35% in the last seven days. Bored Ape released a music video featuring Eminem and Snoop Dogg in June, driving a 35% spike in APE/USDT coin price.  APE gained attention two months ago after the ApeCoin DAO released millions of APE …

5 Top Crypto to Buy This Week [IBAT, MATIC, FTT, ADA, APE] July 2022 Week 3

This third week of July has begun with some modest gains in the crypto market, offering new opportunities for investors to buy cryptocurrencies and see gains. This article will review the top crypto to buy this week and offer reasons for their expected upside. 1. Battle Infinity (IBAT) Our top crypto to buy this week …

UAE Unveils The First Metaverse Hospital

The latest report confirms that United Arab Emirates (UAE) has successfully introduced the first hospital in the Metaverse. The fully operational virtual hospital aims at providing all medical tourism services offered in the country. On July 18, 2022, Thumbay Group, the team behind development, confirmed ready plans to launch the first virtual hospital in the …

Solana Leading NFT Marketplace Announced its Expansion into the Web3 Space

Magic Eden, Solana’s leading NFT marketplace, announced its expansion into the Web3 space by introducing Magic Venture. North California resident filed a lawsuit against Solana for the unregulated sale of the SOL tokens. SOL/USDT coin is trading slightly higher, having recovered more than 6% to trade near $41.90. On July 18th, Solana’s price closed at …

Best Cheap Cryptocurrency to Buy in Crypto Winter July 2022

The cryptocurrency market has been in a free-fall since the beginning of the year. Most cryptocurrencies have lost two-thirds of their value this year, and any chances of recovery have been futile, leading to experts concluding that the crypto winter is officially here. However, amid the price dips, a few coins have performed well and …

SEC Chair Gary Gensler Points to What’s Coming for Crypto Regulation in Next Several Months

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is revealing what’s in store for the crypto space in terms of regulations. In a new interview on Yahoo Finance, Gensler says that the SEC is working with crypto exchanges, lending platforms, brokers and other industry participants to ramp up investor protection in the space. “The …

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