On March 15, the American fantasy sports contest and betting company Draftkings announced the company’s first in-house digital collectibles campaign called the “Primetime NFT Series.” The first Draftkings’ NFT series drop will be the “2022 College Hoops Collection” launched in unison with the single-elimination college basketball tournament known as NCAA’s March Madness. Draftkings to Drop …
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Following a slow start to the day, cryptocurrency markets rebounded during the afternoon, as bulls regained optimism prior to Wednesday’s FOMC meeting. GRT was one of the biggest to climb, with IOTX also recording double digit gains. The Graph (GRT) On Tuesday, GRT rose to its highest level since February 18, leading Tuesday’s gainers, following …
Continue reading “Biggest Movers: IOTX Climbs 13%, as GRT Leads Gainers on Tuesday “
FTX Europe & MENA (FTX Europe) recently announced that it has obtained a license to establish and operate its virtual asset exchange and clearing house services in Dubai, United Arab Emirates (UAE). With its holding company in Switzerland, FTX Europe is a recently established FTX division that enables the crypto exchange to cater to clients …
Although the Bitcoin network is a permanent open record of transactions, many third parties have built privacy functionality on top of it. One such service is Wasabi Wallet, which uses a mixer protocol, Tor integration, and is free to use and open source. Mixers work by “mixing” transaction inputs and outputs together so that the …
Continue reading “Are you exposed? How Chainalysis cracked the Wasabi Bitcoin privacy wallet”
The digital currency exchange Crypto.com has revealed it’s launching a crypto trading platform in the United States to waitlisted users and then a progressive rollout will follow. Furthermore, the company says the trading platform’s VIP users will get access to “exclusive events, rewards, and cutting-edge market insights.” Crypto.com Launches US Exchange Platform — Waitlist Open …
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Another decentralized finance (defi) protocol was breached this week after it was discovered that a hacker exploited the bilateral over-the-counter (OTC) derivatives platform Deus Finance. According to a post mortem Twitter thread published by the security firm Peckshield, Deus lost around $3 million worth of ethereum and the stablecoin DAI. Attacker Steals $3 Million From …
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On the eve of tomorrow’s FOMC meeting, bitcoin once again failed to climb past its long-term resistance level of $40,000, as markets consolidated. Although prices moved away from recent support, upside momentum slowed as BTC neared its ceiling. As of writing, ETH was trading at its level of support. Bitcoin Bitcoin came close to breaking …
Africa’s fintech startups are reported to have raised $2 billion in the past year alone. This amount dwarfs the $231 million that was raised in the year 2020. Nigerian startups continue to account for the biggest share of funds raised by the continent’s fintechs in 2021. 2021 Has Highest Number of Reported Deals The capital …
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The days of a proof of stake Ethereum mainnet are getting closer as the network takes another step closer to achieving this with the launch of the Kiln testnet. The Ethereum Foundation announced on March 14 that network shareholders should use Kiln to run tests. This confirms that the Kiln testnet is now live, and …
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According to a study run by Bankless Times, the carbon footprint created by Bitcoin mining globally accounts for 0.19%, which is the same amount the Czech Republic emits as an entire country. Data collected since 2018 shows that there will be a 150% surge in Bitcoin mining energy consumption during 2021. As of February 2022, …
Deployed on Arbitrum, Sperax USD (USDs) entered the DeFi space as the “first auto-yield stablecoin.” The Sperax protocol leverages a dual token system with a stablecoin ($USDs) and a governance token ($SPA). CryptoSlate talked to Sperax, who explained what makes the hybrid stablecoin special and in which aspects $USDs harnesses the power of DeFi to …
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Wasabi Wallet, a privacy-oriented bitcoin-only wallet, has announced it will start introducing censorship methods into its mixing procedures. The announcement was made on social media, where the official account of Wasabi explained that a blacklist will prevent some UTXOs (unspent transaction outputs) from registering to Coinjoins, the method Wasabi and other wallets use to enhance …
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The U.S. Better Business Bureau (BBB) says cryptocurrency scams have become the second riskiest. In addition, the organization noted that “Payment made via cryptocurrency that resulted in a monetary loss more than doubled from 2020.” BBB Sees Rising Crypto Scams The U.S. Better Business Bureau (BBB) released its 2021 BBB Scam Tracker Risk Report Friday. …
Japan’s top financial regulator has asked cryptocurrency exchanges in the country not to process transactions subject to asset-freeze sanctions. The penalty for unauthorized payments to sanctioned persons includes three years in prison. Japan’s Financial Regulator and Ministry of Finance Ask Crypto Exchanges to Comply With Sanctions Restrictions Japan’s top financial regulator, the Financial Services Agency …
