A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’

A crypto rewards platform called Freeway.io has notified users that it decided to reallocate capital in order to “manage exposure to future market fluctuations and volatility.” In doing so, users are unable to withdraw funds from the platform, and the Freeway team explained that amid the reallocation process, the team could not comment further. Crypto …

Biggest Movers: ADA Nears 1-Week Peak, as MATIC Moves to Highest Point Since September

Cardano closed in on a one-week high to start the week, as the token climbed for a fourth straight session. Polygon was also in the green, and collided with a key resistance level in the process. Overall, the global crypto market cap is currently 1.30% higher as of writing this analysis. Cardano (ADA) Cardano (ADA) …

Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 Terahash

On Monday, bitcoin mining rig manufacturer Canaan Inc., announced the launch of the company’s latest high-performance bitcoin miners called the A13 series. Canaan has revealed two models in the A13 series, which feature “improved power efficiency over its predecessors,” and the new models produce an estimated 110 to 130 terahash per second (TH/s). Canaan Launches …

Bitcoin, Ethereum Technical Analysis: Ethereum Back Above $1,300 to Start the Week

Ethereum remained close to a three week high on Monday, as prices rallied following a turbulent weekend. Bullish sentiment appears to have somewhat returned to crypto markets to start the week, with the market cap trading 1.56% high as of writing. Bitcoin was also in the green in today’s session. Bitcoin Bitcoin (BTC) was trading …

Chainalysis: Stablecoins Used to Fight Devaluation and Inflation in Latam

According to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due to the common economic problems that both countries are facing. 34% of the “small” transactions include stablecoins in Venezuela, and 31% of these in Argentina, as citizens seek to shield …

SUPER SAPIENSS First Japanese Entertainment DAO Project ‘Movie X Character X Web3’ Expands Globally! White List Applications Now Open

press release PRESS RELEASE. It is with much pleasure that Finance Inc announces the launch of its SUPER SAPIENSS NFT website, run by the entertainment DAO project, which is active on FiNANCiE. About SUPER SAPIENSS This project is being spearheaded by the noted and prominent Japanese movie directors Yukihiko Tsutsumi, Katsuyuki Motohiro, and Yuichi Sato; …

Cardano Creator Charles Hoskinson Says New Crypto Wallet Could Take Ecosystem to 1,000,000,000 Users

Cardano (ADA) creator Charles Hoskinson says that a new crypto wallet could help bring the smart contract platform to a billion users. In a recent interview on the Big Pey podcast, Hoskinson says that the new Lace wallet will help onboard droves of new users to the Ethereum (ETH) rival’s ecosystem. Lace, built by Cardano …

Billionaire Investor Frank Giustra Issues Bitcoin Warning, Says Political Establishment Wants To Take Out BTC

Mining magnate Frank Giustra is issuing a warning to Bitcoin holders, saying that the global political establishment may attempt to make a move to destroy BTC. In a new interview with Daniela Cambone of Stansberry Research, Giustra says that the leading authorities of the world are likely planning on creating their own jurisdiction on the …

Top Analyst Says He’s Accumulating Three Ethereum Challengers Along With Three Additional Crypto Assets

Crypto strategist Michaël van de Poppe says he’s planning to accumulate a handful of altcoins including three Ethereum (ETH) competitors. Van de Poppe tells his 636,300 Twitter followers that he has his sights set on decentralized oracle network Chainlink (LINK), as well as XCAD, the native asset of non-fungible token (NFT) marketplace XCAD Network, and Skale …

Warren Buffett-backed neobank picks Polygon for Web3 token — MATIC price eyes 100% rally

The price of Polygon’s MATIC (MATIC) coin could double by the end of 2022 or early 2023 due to a mix of extremely bullish fundamental and technical indicators. Polygon wins high-profile clients MATIC rose by nearly 6.5% four days after Nubank, a Brazilian fintech company backed by Warren Buffett’s Berkshire Hathaway and Softbank, confirmed that it …

Women remain bullish on crypto investment despite market lull: Survey

The crypto market downturn is proving a difficult storm to weather for both investors and businesses alike in the industry. However, according to new data, this hasn’t stopped women from being bullish on crypto. A new survey conducted by BlockFi, a crypto trading and investment platform, asked women across the United States about their views …

Japanese port city wants to become the Web3 hub for the country

In Japan, the city of Fukuoka is looking towards the future of Web3 in its latest partnership with Astar Japan Labs – the company behind Japan’s leading blockchain, the Astar network. Fukuoka is the country’s second-largest port city and has officially been designated as a National Special Strategic Zone. Now it also plans to become …

How not to Bitcoin: User pays 1,000x fee to send 4 BTC

Fat fingers? A Bitcoin (BTC) user spent over $200 to make a transaction, paying astronomically above the average fee.  In a transaction that entered Bitcoin block 760,077, a user paid 1,136,000 satoshis, (0.0136 BTC or $220.52) to move 3.8 BTC ($63,000). This extraordinarily high fee is a whopping 1,000 times the usual Bitcoin transaction fee, …

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