Two days ago on November 30, the price of bitcoin (BTC) tapped a high that day reaching $59,250 per unit, but it has since dropped close to 5% in value to just above the $56K region. Onchain statistics indicate that whales and long-term holders (LTHs) have been spending over the last month and blockchain parsers …
Tag archives: Bitcoin
Over $100 million was made from metaverse land sales in one week
There is no doubt that interest in the fact that Metaverse and associated features like virtual lands and virtual real estate is on a romp presently. In fact, available data from DappRadar has shown that over $100 million was used in purchasing these virtual properties in the last seven days. Metaverse lands are in hot …
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BlockDown to host historic discussion with Edward Snowden and Polkadot’s Gavin Wood about the future of Web3
This Friday, famed privacy activist Edward Snowden will be talking to Gavin Wood—, Creator of Polkadot, co-founder of Ethereum and coiner of the term “Web3”,—for a fireside chat at the BlockDown DeData conference, an event exploring data ownership, privacy, Web3, personal information security and self-governance in detail through panels, keynotes, fireside chats and debates. Wood …
Not waiting around for the SEC, Fidelity will launch a spot Bitcoin ETF in Canada
Fidelity Investments will be launching its spot Bitcoin ETF in Canada this week, according to Eric Balchunas, Senior ETF Analysts at Bloomberg, who broke the news on Twitter. While the US Securities and Exchange Commission (SEC) fends off similar products, the Boston-based multinational financial services corporation will be launching its new Bitcoin spot-based ETF on …
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Bitcoin DeFi tool BadgerDAO hit by estimated $120 million hack
Decentralized autonomous organization BadgerDAO recently suffered a major exploit, and according to the current speculation the attack was executed via the DeFi protocol’s front-end. Without revealing any details related to the attack, the team confirmed receiving reports of unauthorized withdrawals of user funds on Twitter, announcing it paused all smart contracts in order to halt …
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Multichain liquidity aggregator Symbiosis to list on Bybit and Gate
› DeFi Protocol breaks up the status quo in blockchain interoperability with a one-click solution for any-to-any token swaps regardless of the networks, both EVM and non-EVM are supported. Sponsored · December 2, 2021 at 1:22 pm UTC · 2 min read Go to Source
Exploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao
The decentralized autonomous organization (DAO) called Badgerdao has disclosed that it has “received reports of unauthorized withdrawals of user funds.” The analytics team Peckshield estimates that over $120 million was siphoned in the Badgerdao breach. Badgerdao Suffers $120 Million Exploit — Engineers Pause Smart Contracts According to the official Badgerdao Twitter account, the team has …
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Leading Supermarket Chain in Croatia Introduces Crypto Payments
Customers of the largest supermarket chain in Croatia will be able to pay with cryptocurrency for their orders in the retailer’s online shop. The company plans to soon offer the crypto payment option also at its physical stores throughout the country. Konzum Allows Shoppers in Croatia to Pay With 9 Cryptocurrencies Croatia’s supermarket chain with …
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P2E Fantasy Sports Game TradeStars Launches Staking of Native Token TSX
press release PRESS RELEASE. Blockchain based P2E Fantasy Sports Game TradeStars has announced the launch of staking of their native token TSX. Users will now be able to stake their TSX tokens and earn more TSX tokens as rewards. TradeStars and TSX TradeStars is a P2E Fantasy Sports game built on Ethereum, where users can …
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Pandemic Drove Adoption but Information Dissemination Just as Important: Kenya-Based Blockchain Advocate
The adoption of blockchain technology and the use of cryptocurrencies by people in Africa surged to unprecedented levels in 2020. While many have attributed this to Covid-19, blockchain advocates believe their work is partly the reason many are turning to digital currencies. Importance of Education Starting in the first quarter of 2020, the adoption of …
Crypto bill alleging banning private crypto was a “mistake,” ex-Indian minister says
In an interview held with News18, Subhash Garg, the former finance secretary of India, said that the news regarding India imposing a blanket ban on private crypto might be misleading considering the bill which has not yet been discussed in the parliament or has received any governmental input. Garg further stated that the proposed bill …
How Abracadabra became one of the fastest-growing decentralized protocols
There is still no consensus about the best method of creating a stable currency on the blockchain. While USDT is the most popular stablecoin, many believe it is a giant house of cards capable of crashing the whole system. On the other hand, the major decentralized stablecoin, DAI, has its own set of problems, such …
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Solana NFT platform SolChicks is backed by…113 VC funds
SolChicks, a play-to-earn fantasy game built on Solana, has become the talk of the town after it was revealed that 113 different venture capital funds have invested in the project. Death by VC for the new Solana game? A new play-to-earn fantasy game launched on Solana caused a stir in the crypto community on Wednesday, …
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South Korea pushes ambitious crypto tax to 2023
South Korea’s crypto tax plans appear to have hit a snag as the country’s National Assembly has passed a bill pushing the implementation of the tax bill into 2023. South Korea’s crypto tax bill get 2023 date In one of CryptoSlate’s previous reports, it was stated that the country had proposed to impose a 20% …
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Coinbase forays into Israel market with Unbound Security acquisition
Leading cryptocurrency exchange Coinbase is all set to acquire a cryptographic security company called Unbound security, an Israel-based firm that offers a protected multi-party computational technology. The exchange is also looking forward to establishing its independent research facility in the region. Coinbase’ new acquisition offers secure crypto transactions As per the official blog post, Coinbase …
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