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Today in Crypto: Crypto's 'Inherent Structural Flaws' Make It Unsuitable for Monetary System, BIP39 Mnemonic Phrases Can be Turned into Colors, Dev Says He Reverse-Engineered Brazil CBDC Source Code, Algofi to Shut Down
11.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Crypto's 'Inherent Structural Flaws' Make It Unsuitable for Monetary System, BIP39 Mnemonic Phrases Can...
DeFi Protocol Holding 55% of Algorand Value to Shut Down
11.7.2023
Algofi, the largest decentralized finance protocol on layer-1 blockchain Algorand, said it will shut down and plans to halt lending, borrowing and trading imminently
UK FCA shuts down 26 crypto ATMs following coordinated investigation
11.7.2023
The FCA — along with other law enforcement agencies — investigated 36 crypto ATM locations using powers under the Money Laundering Regulations 2017
SEC States Coinbase Misinteprets Howey Test, Misuses Major Questions Doctrine
10.7.2023
The U.S. Securities and Exchange Commission (SEC) answered the latest filing of Coinbase by shooting down the arguments presented by the exchange to throw out the ongoing lawsuit. The filing reaffirms the institution’s jurisdiction on securities laws, explaining that Coinbase misinterprets...
Eurozone Inflation to Remain Higher Than 2% Target in Next 2 Years, ECB’s Lagarde Admits
9.7.2023
Inflation in the eurozone has started to decline but the area’s monetary authority expects it to remain above its target in the next two years. The European Central Bank has to do more to bring it down, its governor commented on the backdrop of stable consumer expectations about rising prices...
Bitcoin Price Prediction as BTC Tumbles Down to $30,000 Level – Will it Fall Lower?
7.7.2023
Bitcoin (BTC), the dominant cryptocurrency, experienced a downturn as it encountered selling pressure near the $30,202 threshold.
The release of the Federal Open Market Committee (FOMC) minutes played a role in this downward trend.
However, amidst the market turbulence, renewed optimism...
Shakeup at Polygon Labs: President will step down and chief legal officer will become CEO
7.7.2023
The change in leadership came as the platform has been preparing a set of upgrades branded “Polygon 2.0”
A Goldfish Just Took Down One Of Elden Ring’s Toughest Bosses
6.7.2023
I haven’t finished Elden Ring, but now that a goldfish has beaten Malenia, one of the hardest bosses in FromSotware’s latest game, I feel like I have to in order to maintain any modicum of self-respect I have for myself.Read more
Report: South Africa Regulator Says Unlicensed Crypto Exchanges in 2024 May Be Closed Down
6.7.2023
According to the regulator of the South African financial services industry, cryptocurrency exchanges based in the country must secure operating licenses before the year ends. Crypto exchanges that fail to abide by the requirement will either be fined or closed down, Unathi Kamlana, the Financial...
JavaScript closest
5.7.2023
When it comes to finding relationships between elements, we traditionally think of a top-down approach. We can thank CSS and querySelector/querySelectorAll for that relationship in selectors. What if we want to find an element’s parent based on selector? To look up the element tree and find...
Why is Litecoin price down today?
5.7.2023
Litecoin price is down today in part due to its overbought conditions and ahead of the Federal Reserve's meeting minutes release
‘Bidenomics’ Agenda Struggles to Gain Support as Joe Biden’s Approval Ratings Plummet
4.7.2023
Over the past week, U.S. president Joe Biden has been engaged in discussions regarding his economic agenda, commonly referred to as “Bidenomics,” with the aim of establishing a strong groundwork for his 2024 reelection campaign. Emphasizing the potential to revive the cherished...
Justin Bieber Is Down $1.2 Million On His Bored Ape NFT – Here’s What Happened
4.7.2023
Worldwide singer-superstar Justin Bieber is deep in the red ever since joining the NFT world’s infamous Bored Ape Yacht Club (BAYC) last year.
In January 2022, the celebrity notoriously purchased Ape #3001 for 500 ETH, worth $1.3 million at the time. Today, that same collectible is worth just...
Nightmare 'Giga' Roller Coaster Shut Down After Someone Spots Massive Crack
3.7.2023
Amusement park rides scare the shit out of me. I have a fear of heights, and moving fast, and just about everything associated with roller coasters. But I can usually still persuade myself to get on one every now and then, secure in the knowledge that surely the ride would not be up and running...
LBank Launches Global First Unlimited Crypto Credit Card, Breaking Boundaries in Cryptocurrency Payments
3.7.2023
PRESS RELEASE. LBank, the world-leading cryptocurrency exchange, is soon to launch the world’s first unlimited cryptocurrency credit card, aiming to break down the barriers of cryptocurrency payments. The card, available in both virtual and physical forms, allows users to make any consumer...
Elon Musk imposes 'rate limit' on Twitter citing extreme ‘system manipulation’
3.7.2023
Verified Twitter users will be allowed to view 10,000 posts per day, while new, unverified accounts will get 500 under the new limits
Elon Musk imposes 'rate limit' on Twitter citing extreme ‘system manipulation’
3.7.2023
Verified Twitter users will be allowed to view 10,000 posts per day, while new, unverified accounts will get 500 under the new limits
Free-To-Play Shooter Shuts Down For Good Due To Cheaters
29.6.2023
Developer Yager Development has announced that its free-to-play multiplayer shooter The Cycle: Frontier will go offline forever on September 27. The developer gave a few reasons for the shutdown, including an interesting one: Cheaters ruined the experience for everyone involved.Read more
Solana's Cardinal shuts down citing economic conditions
29.6.2023
According to the protocol's closing schedule, part of the operations will cease on July 19, while the withdrawal period ends on August 26
TRM Labs Report: Bitcoin's Dominance in Crypto Crimes Down to 19%
29.6.2023
Bitcoin (BTC) is falling out of favour among crypto criminals, and accounted for just 19% of crypto crimes in 2022, a new report has found.
In the report, blockchain intelligence firm TRM Labs said that cybercriminals are increasingly diversifying which blockchains they rely on to conduct their...