Coinbase Exchange is launching price auction

As a trusted crypto exchange our priority is to build features that enhance transparency and help us create the best markets. Starting today, when we launch new assets on the Coinbase Exchange we will be using a price auction to help price discovery and create a healthier market when trading starts. How price auctions work In our …

DeFi Hack: Vee Finance Losses $35 Million To Hackers Following Mainnet Launch

One of the major threats to businesses online, not only the crypto industry, is cybercriminals’ attacks. Even though the existing networks are supposed to be safe and secure, attackers often find loopholes to exploit them in the bid to steal investors’ funds. This is not new in the online world. There have been occasions when …

El Salvador’s Chivo And Bitcoin Adoption In Mindblowing Facts And Stats

Why didn’t we thought of measuring Chivo and Bitcoin adoption this way? Cero anecdotal evidence. Only facts, numbers, and reports from wherever we can get them. What do we know about the Chivo wallet’s Lightning node? What apps besides the government wallet are the Salvadorans using? Are they happy with them? Investor and blogger Kevin …

Cardano Summit Begins Tomorrow, Here’s What You Should Know

The Cardano summit is scheduled to begin tomorrow, Saturday, September 25th. The summit is scheduled to run for two days, the 25th to the 26th, and promises to be a one-of-a-kind event. Meetups are available in six locations around the world. But the summit will feature both live and virtual events where anyone from around …

DeFi Protocol pNetwork Loses $12 Million In Tokenized Bitcoin

One of the threats that the crypto community face is the attack of cybercriminals. Many exchanges, projects, and apps often face one vulnerability exploitation or the other. Recently, BSC-based cross-chain pNetwork lost at least $12.7 million of tokenized Bitcoin to attackers. They have joined the many networks targeted and exploited by hackers in the crypto …

Crypto Analytics Firm Says Speculators Are ‘Moving On’ From Ethereum – Here’s Why

Crypto analytics firm Santiment says that most speculators are moving on from Ethereum (ETH) in search of better alternatives that offer higher return on investment. The blockchain industry data giant says that exchanges are seeing an influx of Ethereum, suggesting that people are selling their holdings in response to the recent marketwide crypto dip and …

Fraudsters Running Crypto Giveaway Scam Hack Bitcoin Creator’s Website

Bitcoin.org, the oldest cryptocurrency website that was founded by mysterious Bitcoin (BTC) creator Satoshi Nakamoto, is back online after being attacked by malicious actors. A group of unknown hackers managed to run a fake Bitcoin giveaway on the Bitcoin.org website for a brief amount of time. ADVERTISEMENT   A Bitcoin address reportedly linked to the …

All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone

China bans Bitcoin (BTC), again. No, we’re not traveling back in time. On Sept. 24, the People’s Bank of China (PBoC) published a new set of measures to promote inter-departmental coordination on cracking down on crypto activity. The measures intended to “cut off payment channels, dispose of relevant websites and mobile applications in accordance with …

Crypto has recovered from China’s FUD over a dozen times in the last 12 years

The price of Bitcoin fell 5% today following “breaking” (read: weeks old) news that the People’s Bank of China, or PBoC, had declared all cryptocurrency transactions illegal. With that in mind, let’s take a nostalgic look at the last 12 years of FUD out of China, and see if we can spot any patterns. China …

Altcoin roundup: There’s more to DeFi than just providing liquidity

The growth of the decentralized finance (DeFi) sector has been a recurrent headline throughout 2021 and to date, hundreds of billions of dollars in crypto assets are locked on protocols across numerous blockchain networks and earning a yield for their holders.  What started off as a simple Ethereum-based swap interface that allowed ERC-20 tokens to …

Deutsche Bank analyst: Bitcoin will be ‘ultra-volatile,’ but it’s here to stay

Marion Laboure, an analyst at Deutsche Bank’s research division, said she can envision Bitcoin taking the role of digital gold in the future: lasting for centuries and largely not controlled by the government. In an update to Deutsche Bank’s website on “what’s next” for the largest banking institution in Germany, Laboure said she could “potentially …

Newly Launched Altcoin Rallies 36% After Gaining Support From Crypto Exchange Binance

A new blockchain-based gaming altcoin is surging after being listed by the cryptocurrency exchange Binance. Launched in July, Yield Guild Games (YGG) is a play-to-earn decentralized autonomous organization (DAO) designed to allow users to invest in non-fungible tokens (NFT) in virtual worlds. ADVERTISEMENT   DAOs are governance systems that rely on computer code to control …

Crypto Analyst Says Two Altcoins Ready To Rally, Bitcoin Bear Case Has Been Invalidated

A popular crypto strategist and trader believes the “bottom is in” after a rough week for many cryptocurrency investors. The analyst, pseudonymously known as Capo, tells his 165,300 Twitter followers that price patterns suggesting Bitcoin (BTC) would fall below the $38,000 support level appear to be invalidated. ADVERTISEMENT   “38k seems invalidated. It dumped to …

Robinhood in ‘Much Better Position’ Than Coinbase Long Term Amid Crypto Wallet Plans: Mizuho Analyst

Mizuho analyst Dan Dolev believes financial services firm Robinhood now has an edge over cryptocurrency exchange Coinbase amid plans to add crypto wallets to its stock trading app. Earlier this week Robinhood announced it will start testing crypto wallets in October. ADVERTISEMENT   In a CNBC interview, Dolev says Robinhood is in a “much better …

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