The cryptocurrencies are in a downtrend and have fallen to the bottom of the chart. The weakest altcoins have revisited the previous support levels. However, the cryptos risk further declines if the current support levels are breached. Let us discuss in detail the weakest altcoins below: HeliumHelium (HNT) price is in a downtrend as the …
Continue reading “Price Prediction for August 31: HNT, AVAX, AR, BTG, and GMT”
A group of Celsius Network custody wallet customers is suing the bankrupt lending platform in an effort to reclaim more than $22.5 million worth of funds. In a new lawsuit filed on Wednesday, individual holders of more than 64 accounts with Celsius say they retained the title to all of their crypto assets held in …
New data from DappRadar suggests that gaming remains a vital organ to the blockchain industry. According to the report, the gaming sector accounts for approximately 50.51% of industry usage month-over-month (MoM), as per August numbers. While overall the numbers are a good indicator for the sector, it is a decrease from the previous month. Last …
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Crypto lending platform SALT has received a buyout offer from a prominent online investment platform — a move the company said could potentially enhance its product offerings and advance its mission of making digital assets more accessible to mainstream audiences. Bnk To The Future, or BF, has submitted a letter of intent to acquire SALT …
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Bitcoin (BTC) passed $20,400 for the first time this month on Sept. 2 as United States economic data outperformed expectations. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Declining dollar accompanies BTC price rebound Data from Cointelegraph Markets Pro and TradingView showed BTC/USD approaching $20,500 after the Wall Street open, marking new highs for September. The …
Continue reading “Bitcoin hits new September high on US payrolls, G7 Russian energy cap”
By Chaals Nevile, EEA Director of Technical Programs, and Editor of the EEA EthTrust Security Levels Specification v1 The EEA’s EthTrust Security Levels Working Group recently published version 1 of the EEA EthTrust Security Levels Specification. This is an important new EEA technical specification, outlining requirements for security audits of smart contracts. With the increasing …
Continue reading “How Strong is Your Smart Contract’s Security? Says Who?”
Polygon is up 10% this week as new brands announced their integration with the MATIC crypto Meta and Robinhood’s support for Polygon has helped the crypto to jump 10% in terms of pricing. Ethereum layer 2 solution Polygon has jumped nearly 10% following its recent integration with leading platforms like Meta and cryptocurrency exchange Robinhood. The …
It has been nine months since the market top and in that time, about $2 trillion in capital has left the space hitting token prices hard. However, the question of whether the market bottom is in yet remains. An analysis by CryptoSlate of on-chain data from Glassnode reveals generally positive sentiment from long-term holders. However, …
Continue reading “Research: On-chain metrics suggest more pain ahead for long-term Bitcoin holders”
US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have jointly proposed an amendment to Form PF. The proposal seeks to distinguish between “digital assets” and “cash and cash equivalents” for large hedge funds to ensure more accurate reporting. According to the proposal, a new sub-asset class should be created for …
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Binance CEO Changpeng ‘CZ’ Zhao has responded to allegations that his company is owned by a secret Chinese agent “Guangying Chen” and thus owes its loyalty to the Chinese government. In a blog post, CZ explained that he left China when he was 12 years old and has since naturalized in Canada as a citizen. He …
Continue reading “CZ denies claims that Binance is in ‘the pocket of the Chinese government’”
Decentralized exchange dYdX (DYDX) has discontinued its new $25 deposit promo citing “overwhelming demand,” and denied claims that the DEX now required users’ verification. Due to extremely overwhelming demand of the $25 deposit bonus promotion, we are ending the campaign, effective immediately. Thank you to the many thousands of new users that onboarded to dYdX …
Continue reading “Crypto community lambasts dydx’s new facial verification requirement”
Bitcoin casino platform Stake.com is reportedly being sued by its former partner Christopher Freeman, who claims he was cut out of the platform and wants $400 million to compensate for punitive damages. Stake.com’s founders, Ed Craven and Bijan Tehrani, dismissed the allegations by saying releasing an official statement that said: “The complaint filed by Chris …
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Multi-chain DeFi protocol Kyber Network (KNC) revealed that it suffered an exploit on its frontend on Sept. 1, leading to a loss of $265,000 from two whale wallets. 1/ ❗️Notice of Exploit of KyberSwap Frontend: We identified and neutralized an exploit on the KyberSwap frontend. Affected users will be compensated. We have summarized the details …
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Polygon was a notable mover on Friday as the token surged to a two-week high, while volatility in crypto markets eased. Traders have been tense this week ahead of the payrolls report, however following the release of the data, bulls returned to action. Chainlink also rose, hitting a ten-day high in the process. Polygon (MATIC) …
Continue reading “Biggest Movers: MATIC Moves to 2-Week High, as Market Volatility Eases”
On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin (BTC) from Mt …
