The crypto asset shiba inu (SHIB) now has a decentralized exchange (dex) platform called Shibaswap and since the trading protocol’s launch, the dex has $1.55 billion total value locked (TVL). The SHIB-fueled dex has a lot more liquidity than most platforms today as Shibaswap has been catching up to popular dex platforms like Pancakeswap and …
Tag archives: Cardano
Listed company loses $17 million on Bitcoin. Makes $14 million on Ethereum instead
Meitu, a software tech company based in Hong Kong, has said that it recorded a loss of $17.3 million on its Bitcoin portfolios, while in contrast, it recorded a $14.7 million gain on its Ethereum investment. The software firm had made the headlines earlier in the year when it made a substantial investment into the …
Crypto.com becomes the UFC’s first official crypto platform partner
UFC, the world’s premier mixed martial arts organization, and Crypto.com announced a long-term partnership yesterday as part of a strategic move for the latter to connect with mainstream consumers. 🚨BIG NEWS🚨@UFC & https://t.co/vCNztABJoG announce historic partnership ✅ https://t.co/vCNztABJoG is UFC’s 1st Official Crypto Platform Partner 🥊✅ https://t.co/vCNztABJoG is also UFC’s 1st Global Official Fight Kit …
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‘BitScam’ and ‘CloudScam’ end up scamming 93,000 Bitcoin and Ethereum users
Lookout, an integrated endpoint-to-cloud security company, today announced the discovery of major crypto mining scams using hundreds of Android apps, as per a release shared with CryptoSlate. What. How. And Where? Categorized into two distinct Android app families, BitScam and CloudScam, these apps were designed to target people interested in cryptocurrencies. In total, security researchers …
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EU Mulls AML Authority and New Rules for Crypto Transfers, Documents Suggest
The European Union is preparing to set up an anti-money laundering agency to coordinate national supervisory authorities. According to a media report based on EU documents, the bloc also plans to impose new rules to increase transparency for cryptocurrency transfers. Europe Steps Up Anti-Money Laundering Efforts on Union Level In response to calls for enforcement …
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US Senator Warren Presses SEC to Use ‘Full Authority’ to Regulate Cryptocurrency Trading
U.S. Senator Elizabeth Warren has warned of the growing risks of cryptocurrency trading. She recently called on the U.S. Securities and Exchange Commission (SEC) to “use its full authority to address these risks,” adding that “Congress must also step up to close these regulatory gaps.” US Senator Warren Presses SEC to Step Up Crypto Oversight …
Bitcoin Sinks Below $33K, Analyst Says BTC at ‘Dangerously Low Levels’ While ETH Rests at ‘Comfortable Levels’
Bitcoin and a number of popular digital assets have been dropping in value over the past 24 hours, as bitcoin has slipped below the $33K handle. The entire market capitalization of all 10,000+ crypto assets in existence has shed billions during the overnight trading sessions, and the crypto economy currently rests at $1.38 trillion, down …
Revolutionary Ecosystem Developed by Synapse Network Opens up Cross-Chain Investment Opportunities
sponsored Synapse Network is developing the first cross-chain investment ecosystem based on blockchain technology. It will offer five cross-chain products for the cryptocurrency sector, including a DEX and DeFi marketplace, saving a lot of time and effort to everyone frustrated with the current fractured landscape. Trade ETH to MATIC or BNB in Just One Swap …
Argentine Lawmaker Presents Bill Enabling Workers to Receive Salary in Cryptocurrency
A bill has been introduced in Argentina to allow workers to receive their salaries in cryptocurrency. He explained the idea is that workers “can strengthen their autonomy and conserve the purchasing power of their remuneration.” Argentina’s national deputy for the Mendoza province, José Luis Ramón, tweeted that he has introduced a bill allowing workers to …
This crucial Bitcoin metric reached a high. But traders don’t seem to care
Bitcoin spot exchanges outflow transaction count hit a year high, data from CryptoQuant, a popular on-chain data analysis tool for Bitcoin and other cryptocurrencies, showed. $BTC spot exchanges outflow transaction count hits a year high View chart👉https://t.co/GMN0Qjtjqy pic.twitter.com/pBXnnngBaQ — CryptoQuant.com (@cryptoquant_com) July 6, 2021 As the network re-adjusted its difficulty, Bitcoin mining saw a sharp …
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Bitcoin drops by $2,000. $185 million in longs go ‘rekt’
Bitcoin fell by nearly $2,000 this morning, ‘liquidating’ $200 million worth of futures positions in the past 12 hours and bringing down much of the crypto market alongside. Liquidations, for the uninitiated, occur when leveraged positions are automatically closed out by exchanges/brokerages as a “safety mechanism.” Futures and margin traders—who borrow capital from exchanges (usually …
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South Africa Regulator Wants Mirror Trading International to Pay Millions as Penalty For Contravening Financial Sector Law
A South African regulator, the Financial Sector Conduct Authority (FSCA), has informed key figures behind Mirror Trading International (MTI) that it intends to impose a fine of $7 million against the now-defunct crypto investment company. Contravention of Financial Sector Law According to a July 6 letter, which has also been sent to the CEO and …
Anthony Hopkins’ New Thriller ‘Zero Contact’ to Premiere on NFT Platform
Award-winning movie star Anthony Hopkins’ new film called Zero Contact is set to launch on a new non-fungible token (NFT) platform this summer. The feature-length movie was produced entirely virtually during the 2020 global pandemic. Anthony Hopkins Stars in Movie Launching as NFT A new feature-length movie starring Anthony Hopkins will premiere on a new …
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Russia Drafting Law on Confiscation of Crypto Assets
Russian Prosecutor General Igor Krasnov has revealed that legislative amendments are being prepared on the confiscation of crypto assets. “A serious challenge is the criminal use of cryptocurrencies in our country,” he said. Russia is preparing amendments to the current legislation to allow for the confiscation of crypto assets found to be proceeds from crime, …
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Crypto Wallet Recovery Service KeychainX Can Save Your Bitcoin
sponsored Whenever the prices of digital assets skyrocket, social media gets flooded with stories of people that could be millionaires now but forgot the keys to wallets they opened a few years before. But if this happened to you, don’t lose hope, cryptocurrency wallet recovery service KeychainX can save your money. Your Wallet With a …
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