Toincoin price has been displaying strength over the last month rising above key support levels. At the time of writing, TON price is up 20% […] Go to Source
Monthly archives: December 2022
Bitcoin Whale Abruptly Moves Over $101,000,000 in BTC – Here’s Where the Crypto’s Going
A crypto whale is suddenly moving more than $101 million in Bitcoin (BTC) as the leading digital asset’s price sees a small increase. According to blockchain tracker and whale-surveying platform Whale Alert, an unknown wallet sent 6,000 BTC to another unknown wallet when the top crypto asset by market cap was trading at just below …
Analyst Michaël van de Poppe Says Ethereum-Based Altcoin May Erupt 100%, Details ‘Top 3’ Crypto Assets to Watch
A widely followed crypto analyst is updating his outlook on three of the largest digital assets on the market. Starting with Binance Coin (BNB), crypto strategist Michaël van de Poppe tells his 164,000 YouTube subscribers that the fourth-largest crypto asset by market cap is one of his top three coins worth accumulating in December. He …
Thai VC fund acquires troubled exchange Zipmex for $100M: Report
After weeks of negotiations on a potential buyout of Zipmex, venture capital fund V Ventures has reportedly reached a deal to acquire the embattled cryptocurrency exchange. V Ventures, a subsidiary of Thoresen Thai Agencies (TTA) public company, is looking to purchase a 90% stake in Zipmex crypto exchange, Bloomberg reported on Dec. 2. The VC …
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Bitcoin miner outflow ratio hits 6-month high in new threat to BTC price
Bitcoin (BTC) is entering a prime “low-risk bottom” zone as sellers finally accept FTX losses. Data from on-chain analytics firm Glassnode shows that seller exhaustion is reaching ideal levels for a BTC price leg up. Bitcoin sellers face low BTC price volatility Almost one month after the FTX implosion began, Bitcoin investors have either capitulated …
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Ukraine collabs with international consultants to update crypto framework
Working on their national crypto framework, the amendments to the law “On virtual assets,” the Ukrainian regulatory community actively collaborates with international experts. The list includes the international consultancy firm Ernst&Young and the USAID Financial Sector Reform project. On Dec. 1, the Advisory Council on the Regulation of Virtual Assets, organized by the National Securities and Stock …
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New Cardano algorithmic stablecoin evokes old fears for the community
With the new announcement that Cardano is on its way to release an algorithmic stablecoin in 2023, various community members expressed concerns, comparing the project to TerraUSD (UST), which caused great losses within the crypto space in 2022. According to its developers, the stablecoin project Djed will be pegged to the United States dollar and …
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US lawmakers question private firms’ role in development of a CBDC
U.S. lawmakers, including Tom Emmer and Patrick McHenry, wrote a joint letter to the Federal Reserve Bank of Boston regarding allegations that private firms involved in the design of the “hypothetical U.S. Central Bank Digital Currency (CBDC)” were gaining an unfair advantage. The Dec. 1 letter claimed some of the private firms involved in the …
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CBDCs: India’s digital rupee falls flat as low volumes blight trial run
Several Indian news outlets have reported on the lack of interest in the digital rupee. The Hindu Business said it offers no discernible difference with “internet-based banking that users were already satisfied with.” Early reports reveal low trade volumes, forcing banks to retain administrative burdens for cash. Central Bank Digital Currencies (CBDCs) are intended to …
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Binance freezes $3M from Ankr exploit
Binance CEO Changpeng Zhao revealed on Dec. 2 that the exchange froze around $3 million of the funds from Ankr’s hack. Possible hacks on Ankr and Hay. Initial analysis is developer private key was hacked, and the hacker updated the smart contract to a more malicious one. Binance paused withdrawals a few hrs ago. Also …
South African Government to Add Crypto Entities to ‘List of Accountable Institutions’
According to the South African government, crypto entities — or businesses whose activities include the exchange or transfer of crypto assets — are set to be included in the list of so-called accountable institutions starting Dec. 19. Businesses that convert one crypto asset to another or that conduct transactions where a crypto asset is transferred …
Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects
Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on returns for potential investors wanting to get more Web3-related capital exposure, will focus its activities on companies in the mid-to-late investment stages. Animoca Brands Plans …
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SBF Was ‘Delusional,’ Will ‘Spend Time in Jail’ Says Galaxy’s Mike Novogratz — ‘He Needs to Be Prosecuted’
Galaxy Digital’s CEO Mike Novogratz talked to Andrew Ross Sorkin on CNBC’s Squawk Box and gave his reaction to Sam Bankman-Fried’s (SBF) recent New York Times (NYT) Dealbook Summit interview. Novogratz said that SBF was “delusional” and insisted that the former FTX CEO needs to be prosecuted and further said, “he will spend time in …
Web3 Antivirus Is Now on Guard of Your Digital Assets
press release PRESS RELEASE. A game-changing Web3 security solution was launched on December 1, 2022. As the digital world is getting more advanced, scammers invent new elaborate ways to cheat web3 users and steal their assets. Smart contracts forgery, phishing websites, airdrop scams, and spamming are just a few of the dangers one faces when …
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The Lucky Block Casino and Sportsbook is Here – Best New Crypto Casino
Lucky Block is the latest entrant in the online gambling industry. Backed by its native token LBLOCK, the platform is entering the space just at […] Go to Source