Université Paris Dauphine – PSL, the renowned institution of higher education, is collaborating with global crypto exchange Phemex. Professor Herve Alexandre will be the one to lead the research on DeFi and crypto in an educational space. Launched in 2019, Phemex is a Singapore-based crypto platform that’s quickly risen in the ranks among the top crypto derivatives exchanges. …
Monthly archives: August 2022
Open Loot Announces Partnership With Hit Factor’s War Park
August 1, 2022 – San Diego, California Open Loot Ltd (OL) by Big Time Studios (LTD) is excited to announce one of our first partners, Hit Factor Ltd. (HF), as they unveil their newest game, War Park. War Park is a fast-paced action shooter filled with explosive multiplayer tank combat and is bound to surprise …
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Polygon gains 83% in a month, but data show project has been losing traction
Polygon (MATIC) had a promising July, gaining an impressive 83% in 30 days. The smart contract platform uses layer-2 scaling and aims to become an essential Web3 infrastructure solution. However, investors question whether the recovery is sustainable, considering lackluster deposits and active addresses data. MATIC/USD on FTX. Source: TradingView According to Cointelegraph, Polygon rallied after …
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Bitcoin bulls defend $23K amid warning bear market rally ‘alive and well’
Bitcoin (BTC) tested $23,000 as support on the Aug. 1 Wall Street open with key moving averages in focus. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 200-week moving average gets big attention Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as bulls and bears battled for control amid a tight trading range. Bitcoin had inspired …
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Blockchain cloud infrastructure company W3BCloud to go public via $1.25B SPAC
The firm, whose data centers are located in the United States, generated $40 million in sales last year. On Monday, W3BCloud, a firm building global data centers for the Web3 and blockchain sectors, announced that it was going public via a takeover by special purpose acquisition vehicle (SPAC) Social Leverage Acquisition Corp I. Social Leverage …
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New York AG calls for whistleblowers ‘deceived or affected’ by the crypto market crash
“I encourage workers in crypto companies who may have witnessed misconduct to file a whistleblower complaint,” said New York Attorney General Letitia James. New York Attorney General Letitia James has opened the doors for investors who may have witnessed misconduct at a crypto firm amid the extreme market volatility to file a complaint as a …
Bitcoin Price Prediction for Today July 31: BTC Price Trades Marginally but May Hold Above $23K
Bitcoin Is in a Minor Retracement but May Hold Above $23K – July 31, 2022 As the largest cryptocurrency fails to break the recent high, the coin will decline but may hold above $23K. Three candlesticks are displaying long wicks above the $24,000 high. This is an indication of strong selling pressure at higher price …
Vitalik Buterin calls Bitcoin maximalist Michael Saylor a clown
Vitalik Buterin, the co-founder of the Ethereum network, has come out to criticize the remarks made by MicroStrategy’s CEO, Michael Saylor, regarding the securities laws in the United States and how they are used to regulate the cryptocurrency space. Saylor is popular in the crypto community for his die-hard support for Bitcoin. MicroStrategy is estimated …
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South Korea-based Busan Bank’s employee steals 1.4B won in customer funds to buy crypto
A foreign employee of South Korea-based Busan Bank stole roughly 1.48 billion won of customer funds and invested the money in crypto assets like Bitcoin (BTC), local media reported on August 1. According to the report, the employee stole the funds between July 9 and July 25. South Korea eyes stricter control measures South Korea …
Is mysterious Shiba Inu founder Ryoshi behind new project Dejitaru Tsuka?
Speculation is mounting that Shiba Inu founder Ryoshi is behind the new crypto project Dejitaru Tsuka, The Express reported on August 1. Is the Shiba Inu founder back? The anonymous founder of Shiba Inu deleted his social media and Medium posts on May 30, which sparked concerns over the future of the meme coin at …
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Research: Bitcoin’s rising illiquid supply suggests rising education regarding Bitcoin storage
There’s no denying that the last seven odd months have been extremely bearish for the crypto market, with Bitcoin, the world’s largest cryptocurrency by total market capitalization, only witnessing year-to-date (YTD) monetary inflows worth just $14 million. Furthermore, the flagship crypto’s illiquid supply ratio — i.e., the number of Bitcoin being moved out of exchanges …
Japan’s central bank scraps CBDC plans due to lack of interest from public
The Bank of Japan (BoJ) has concluded that it is not technically feasible for the government to release a central bank digital currency (CBDC) at the moment. Cash rules everything around Japan Like many other central banks, the Bank of Japan started flirting with the idea of a Yen-backed CBDC in 2021, and the project’s …
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Tiffany & Co. to launch new NFT collection priced at 30 ETH a pop, community opinion divided
Luxury jewelry company Tiffany & Co. announced a new NFT project called NFTiff on July 31, which is slated for an August launch. The collection will consist of 250 unique NFTs created as derivatives of verified CryptoPunk NFTs and will each correlate to a real-world 18k gold pendant laced with gemstones and diamonds. We’re taking …
The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020
While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 million. Since November 2021, the number of euro stablecoins swelled by 85.34%, but from January 2022 to today, euro stablecoin numbers dropped 14.17% during the …
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Biggest Movers: APE Hovers Close to 2-Month High, FIL up Nearly 70% in Last Week
Apecoin was trading close to a two-month high on Monday, despite crypto prices mainly being in the red to start the week. Global crypto markets are currently down around 2% as of writing. Despite this, filecoin continued its own surge, with prices of the token up nearly 70% in the last seven days. Filecoin (FIL) …
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