The latest Celsius Network court filing that was made accessible online contains confidential customer information. According to Gizmodo, which uploaded the document to the Internet Archive, the filing spans more than 14,000 pages because it discloses the names and transaction details of the embattled lender’s customers. The document also contains information such as the services …
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The Flare Network (FLR) is unveiling new details on its long-awaited launch with token airdrop plans for XRP holders. The Flare Network’s blockchain project with its native FLR token is intended to improve functionality on other blockchain networks by introducing smart contract capabilities. The project is starting with the open-source digital currency XRP. According to …
MakerDAO, the decentralized autonomous organization (DAO) behind the stablecoin DAI is kicking off its $500 million investment strategy to allocate funds for traditional assets. The issuer of the fourth-largest stablecoin by market cap is moving $500 million from its balance sheet to short-term US treasuries and corporate bonds to expand its asset exposure and revenue …
Majority of the DeFi tokens in Top-100 traded in red barring a few, thanks to the weekend rout in the market correction towards the end of the week. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The …
The crypto exchange reportedly cut the scope of sponsorship agreements inked with sports organizations including the Angel City Football Club, the 2022 FIFA World Cup and Twitch Rivals. Cryptocurrency exchange Crypto.com has reportedly reduced the scale of many of its sponsorship deals with sports organizations amid staff cuts and the market downturn. According to an …
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The exchange alleges a 49% increase in user sign-ups across the Middle East and Northern Africa (MENA) region. Blockchain exchange Binance has reported an increase in user growth across the Middle East and Northern Africa (MENA) region, alleging a 49% surge in user sign-ups so far in 2022. According to the exchange, this growth indicates …
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Markets corrected as U.S. jobs data reflected a stubbornly robust labor market, adding further confirmation to investors’ belief that the Federal Reserve will continue with its aggressive rate hikes. The United States nonfarm payrolls increased by 263,000 in September, marginally below the Dow Jones estimate of 275,000, but the unemployment rate dropped to 3.5% compared …
Continue reading “Price analysis 10/7: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, MATIC”
In the second hour of today’s trading session, sellers responded equally to the bullish move. And after that time, sellers took control of the Tamadoge market and the price finds its direction to the downside. But towards the end of the fifth hour, buyers began to recover their ground in the market and the price …
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MKRUSD may retest $693 level MKRUSD Price Analysis – October 07 An increase in MKRUSD (Maker) price depend on the buyers’ momentum in which when increased may break up the resistance level of $879, and the price may increase to $926 and $977 resistance levels. MKR/USD Market Key levels: Resistance levels: $879, $926, $977 Support …
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The bearish trend of the API3/USD market price came to an end on the 18th of September. On that day, the bulls began to take the market towards the end of the day’s trading session. And that strong bullish move continued into the trading session of the 19th day of September. This was how the …
The overall market performance of REN/USD from August to the 22nd of September forms a descending triangle candlestick trend pattern. This, when it forms, means the trend will soon reverse in the bullish direction. As the formation reached its peak (that is on the 22nd of September), a bullish engulfing candle pattern appeared on the …
The European Union’s tightening of sanctions on Russian for its continued invasion of Ukraine now includes a ban on all cryptocurrency wallet and custody services. The EU’s eighth package of sanctions comes after new Russian aggressions including annexing four Ukrainian territories in what it calls “sham” referendum votes, calling up additional troops and threatening to …
The correlation between Bitcoin and gold has taken a turn. Investors are currently avoiding the two assets amid increasing interest rates and a strengthening US dollar. This has hurt the values of both Bitcoin and gold. Correlation between Bitcoin and gold reaches yearly highs In the previous years, Bitcoin and gold remained largely uncorrelated. The …
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The Bank of Brasilia, a government-controlled bank in Brazil, was targeted by a ransomware attack. The threat actors behind the attack demanded 50 BTC as a reward for not leaking the data belonging to users. Brazil BRB bank to pay 50 BTC after a ransomware attack A report by Tecmundo, a local media publication, said …
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The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has conducted an 8-month trial on multiple technologies and central bank digital currencies (CBDCs). The experiment conducted by SWIFT says that these monetary products could be used in supporting cross-border transactions and the global financial network. SWIFT explores a global CBDC network Earlier this year, SWIFT unveiled …
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