New Milestone Hit for Cardano As Network Amasses 1,000,000 Wallets Staking ADA

Smart contract platform Cardano (ADA) has reached a new milestone for the number of wallets ready to stake the sixth-largest crypto by market cap. According to Cardano-tracking site pool.pm, there are now over one million ADA holders ready to stake their coins to earn rewards. Users who hold ADA on the Cardano network have a …

Top Crypto Analyst Says Ethereum Rival Primed for Price Explosion, With ETH Itself Set for Monster Rally

A popular crypto strategist and trader says Ethereum is primed for an epic rally and predicts that another smart contract platform is poised for a price eruption. The pseudonymous trader known in the industry as Smart Contracter tells his 195,500 Twitter followers that Ethereum is primed for a monster rally against Bitcoin (ETH/BTC) after the …

How to choose a secure DeFi wallet, explained

Picking the right DeFi wallet comes down to selecting a solution that supports the right assets and products while offering user’s a minimum level of security, simplicity, guidance and convenience. The number of DeFi wallets continues to increase, making it more difficult for users to determine which one is the best for them. Therefore, it …

Bitcoin whales move fresh coins to exchanges in repeat of behavior before $42K BTC price dip

Bitcoin (BTC) whales may be planning to sell at short notice as BTC price action struggles around $47,000. In its daily QuickTake market updates on Dec. 5, on-chain analytics firm CryptoQuant warned that large volume movements on exchanges were increasing again. Data points to whales increasingly eager to sell Highlighting its exchange whale ratio metric, …

Major Indian bank breaks ‘banking ban’ with WazirX crypto exchange deal

Kotak, India’s leading private bank, has reportedly become the first to open its gates to the crypto community, per a report published in the Economic Times.  The banking giant announced it has partnered with the leading crypto exchange WazirX, which would allow traders to use the banking services to liquidate their funds. The partnership between the …

Alameda Research leads $35M fund raise for crypto trading app Stacked

Alameda Research, a cryptocurrency trading firm founded by crypto billionaire Sam Bankman-Fried, has led a $35 million investment in the automated crypto trading app Stacked. On Dec. 9, the startup officially announced the successful completion of a Series A funding round co-led by Alameda and Mirana Ventures, a venture partner of Bybit exchange and BitDAO. …

Biggest Ethereum Whales Acculumating Shiba Inu and Two Metaverse Tokens As Crypto Markets Consolidate: WhaleStats

New data shows that the world’s biggest Ethereum whales are loading up on meme crypto Shiba Inu (SHIB) and two of the hottest metaverse tokens.  The latest numbers from WhaleStats are revealing the investment behavior of the 1,000 wealthiest non-exchange Ethereum addresses. The whale-monitoring website shows that in the last 30 days, deep-pocketed crypto investors bought …

Huobi and Shiba Inu community to help BitMart overcome $200M hack

Following a near $200 million hack on the BitMart exchange, the Shiba Inu (SHIB) community and crypto exchange Huobi Global aim to help the exchange strengthen security and track inflows of stolen assets. On Dec. 5, crypto exchange BitMart became victim to a hot wallet compromise hosted over the Ethereum (ETH) and Binance Smart Chain …

BTC sentiment ‘comparable to a funeral’ — 5 things to watch in Bitcoin this week

Bitcoin (BTC) starts a new week with traders still digesting the impact of the last — a major price drop that at one point saw $41,900. A modest recovery is now competing with some formidable resistance, first of which is $50,000. As a sense of déjà vu pervades markets, analysts are coming to terms with …

Binance Smart Chain and Animoca Brands form $200M fund for GameFi projects

Binance Smart Chain (BSC) and Animoca Brands are launching a $200 million investment program to incubate early cryptocurrency-focused gaming projects building on BSC. BSC and Animonica announced Dec. 6 that they are co-investing up to $100 million each to support game projects in the GameFi sector. One of the largest blockchain ecosystems, BSC will be …

Virtual land in the Metaverse dominated NFT sales over past week

Digital land is in high demand in what is already a highly lucrative market as the past week’s NFT and Metaverse sales figures revealed. Data from the industry metrics platform, NonFungible, indicates that over the past week there have been more than $300 million in NFT sales. Of that total, almost a quarter have been …

Decentralized exchange aggregator trading volumes surge to new highs

Trading volumes on popular decentralized exchange (DEX) aggregators have surged to new highs over the past few weeks. Decentralized exchange aggregators provide a way for token traders and swappers to scan several DEX platforms to get the best swap rates at the time. According to Dune analytics, popular DEX aggregators such as 1inch, 0x, and …

Singapore suspends Bitget exchange license over K-Pop coin promotion

Singapore-headquartered digital asset platform, Bitget, has reportedly been suspended by the Monetary Authority of Singapore after getting into a dispute with an agency for the popular K-Pop boy band BTS. As reported by the Financial Times on Dec. 5, Bitget lost the Singapore license following the controversial listing of a new K-Pop-related cryptocurrency called Army …

Binance plans to become registered UK firm despite regulatory setbacks

Binance CEO Changpeng Zhao said the exchange is planning to expand to the U.K. in the next six to 18 months, despite being instructed by the country’s regulator to cease trading earlier this year. The U.K.’s Financial Conduct Authority (FCA) revoked Binance’s ability to trade in Britain in June, amid a sweeping regulatory crackdown on …

Introducing White Whale’s IDO: THE BOOTSWAP

Over the last few months, there have been several token launches on Terra. What has been noted, is that there have been two major challenges that continue to occur. First, the initial liquidity pools are just not deep enough. This causes an outrageous manufactured initial price pump, making all the insiders feel really good, but …

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