Vitalik Buterin Suggests Stealth Addresses To Obscure NFT Ownership

Ethereum co-founder Vitalik Buterin has suggested that a stealth address could be deployed as a way of obscuring NFT ownership. He noted that it would be a lighter-weight solution for private NFT ownership compared to other forms of ownership. The Stealth Approach Will Bring More Privacy Buterin was responding to a suggestion about using zk-SNARKc …

Binance Asks WazirX Customers To Move Funds Amidst Fallout With The Firm

Crypto exchange Binance has informed customers of WazirX, its estranged partner, to move their funds to its platform. The crypto exchange says it will stop off-chain fund transfers for WazirX customers. Chief Communications Officer of Binance, Patrick Hillmann, stated that the crypto exchanges aim to protect customers’ interests by permitting them to move their funds …

Coinbase posts $1.1B loss in Q2 on ‘fast and furious’ crypto downturn

Crypto exchange giant Coinbase has cited a “fast and furious” downturn of the crypto markets as the reasons behind a staggering $1.1 billion net loss in the second quarter of 2022, which also saw trading volume and transaction revenue tumbling.  It’s the second consecutive quarter of loss for the crypto company and the largest loss …

Chainlink Price Above $8, Can It Go Past Its Immediate Resistance?

Chainlink price has been trading in an upside channel over the past few trading sessions. The altcoin has managed to move past the $8 level, it is now eyeing the next important resistance mark. The technical outlook of the coin has turned positive as buying strength increased on the chart. Over the last 24 hours, …

Billionaire Mike Novogratz Says Bitcoin At $30,000 Is Unlikely

Bitcoin price has been a topic of debate since the digital asset first made its entry into the mainstream over a decade ago. With its continued growth, a lot of people have come forward to proffer their predictions for the price of the cryptocurrency both in the long and the short term. One of those …

Curve Finance: Issue Found And Reverted, CRV Sees 10% Losses

Via their official Twitter handle, the Ethereum-based decentralized finance (DeFi) protocol Curve Finance has confirmed a vulnerability in their nameserver or frontend curve.fi which was successfully reverted. Earlier, the team behind the project advised caution to its users and claimed an investigation has been launched to look into any potential vulnerabilities exploit. The team behind …

TA- My Neighbor Alice Could Be Set For A Major Bounce – Eyes $5

The price of My Neighbor Alice (ALICE) could be set for a major bounce against Tether (USDT) and to hit $5.  Ethereum price saw a relief bounce from $1,600 to $1,800 ahead of merge sentiments leading to other altcoins like My Neighbor Alice bouncing off from their weekly lows. (Data feeds from Binance) Price Analysis …

Ethereum Investors Close 300k Long Positions on Bitfinex, Rally To Stop Soon?

Data shows around 300k in ETHUSD long positions have been closed on the Bitfinex Ethereum futures market, something that could provide impedance to the latest rally. Ethereum Long Positions Have Dropped By More Than 300k During The Last Few Days On Bitfinex As pointed out by an analyst in a CryptoQuant post, the past data …

German crypto bank Nuri with 500K users files for insolvency

Nuri, a German start-up crypto bank with 500,000 customers filed for insolvency on Aug. 9, citing major crypto sell-offs, insolvency of Celsius and other crypto funds earlier this year as a reason for the move.  The crypto bank said the move will “ensure the safest path forward” for all its customers, but also stressed that …

Cathie Wood of ARK Invest Says BlackRock’s Entrance to Crypto Could More Than Double Price of Bitcoin

ARK Invest founder Cathie Wood thinks BlackRock’s entry into the crypto space could have huge implications for the price of Bitcoin (BTC). Last week, US-based crypto giant Coinbase announced that it teamed up with BlackRock, the biggest asset manager in the world, to bring cryptocurrency trading to wealthy clients. Wood explains in a new YouTube video …

CEL Token Soars As Committee Representing Celsius Users Pledges To Investigate CEO Alex Mashinsky for Wrongdoing

The chief executive of embattled crypto lending platform Celsius (CEL) is reportedly under investigation by a committee representing its users. A new official mission statement from the committee of unsecured creditors claims Celsius customers were repeatedly misled by CEO Alex Mashinsky about the safety of their funds and the firm’s business model. “Those claims were echoed …

FTX.US President Brett Harrison Says Crypto Winter Fading Away As Institutional Demand Picks Up

The president of crypto exchange FTX’s US arm says buzzing new activity in the industry is hinting that crypto spring is nigh. In a new interview with Bloomberg Technology, FTX.US president Brett Harrison was asked what he thought of the recent deal between Coinbase and BlackRock. “It does seem to me that winter is starting to thaw… …

Curve Finance resolves site exploit, directs users to revoke any recent contracts

On Aug 9, automated market maker Curve Finance took to Twitter to warn users of an exploit on its site. The team behind the protocol noted that the issue, which appeared to be an attack from a malicious actor, was affecting the service’s nameserver and frontend. Don’t use https://t.co/vOeMYOTq0l site – nameserver is compromised. Investigation …

Circle plans to only support Ethereum PoS chain after Merge is complete

On Tuesday, Circle, the issuer of the USD Coin (USDC) stablecoin, pledged its full support for the transition of Ethereum to a proof-of-stake, or PoS, blockchain after the much-anticipated Merge upgrade. The firm views the Merge as an important milestone in the scaling of the Ethereum ecosystem, writing: “USDC has become a core building block …

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