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Investments in BTC Keep Growing, in ETH - Dropping, MoonPay Valued at USD 3.4B + More News
22.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Investments in BTC Keep Growing, in ETH - Dropping, MoonPay Valued at USD 3.4B + More News
El Salvador Planning Bitcoin City & $500M of $1b BTC Bond
22.11.2021
Earlier this year, El Salvador made history by announcing the first legal Bitcoin tender in the world. The crypto nation has followed the momentum to announce the world’s first Bitcoin City. President Nayib Bukele talked about the city during his presentation at Bitcoin Week. The country plans...
Socialite and Model Alexis Ren Doesn’t Trust the Dollar Economy, Says Crypto Is a Viable Alternative
21.11.2021
The American social media personality and model, Alexis Ren believes the fiat economy is “collapsing” and recently she told the press she thinks cryptocurrencies offer a viable alternative. In a recent interview, Ren explained her interest in crypto is fueled by the socialite’s...
Axie Infinity (AXS) Flirting With Buying Zone Around $126
19.11.2021
Axie Infinity is a video game that runs on blockchain technology. Like many other gaming platforms, it is also an attractive game to train your troops for battle. Axies is one kind of tokenized fantasy creature in the game which you can breed, raise and trade for profit. Vietnam-based startup...
Tidal Finance Introduces Insurance Fund for Covering $1 Million Worth TVL
19.11.2021
With an effort to create a safety net in the finance eco-system, Tidal Finance announces its new partnership. Tidal Finance offers a weekly coverage subscription plan to safeguard the OpenSwap that covers the smart contract risk. To ensure the safety of its protocol, OpenSwap is investing over...
Elrond Announces $1.29 Billion Liquidity Incentive Program for the Maiar DEX Launch on November 19
19.11.2021
Elrond, the high throughput blockchain that can scale beyond 100,000 transactions per second at low latency and negligible costs, has announced a 1 billion dollars liquidity incentive program to supercharge the launch of their Maiar DEX DeFi platform. This is perhaps the largest DeFI incentive...
Silver Linings Abound as Constitution DAO Falls Short in USD 47M Sotheby’s Bid
19.11.2021
An audacious attempt to buy one of the few surviving copies of the United States Constitution by a decentralized autonomous organization (DAO) fell short of what would have been a dramatic victory for the crypto space – losing out in an auction at Sotheby’s....
Read More: Silver Linings Abound...
Canadian Youth Arrested Over USD 36.4M Crypto Theft
18.11.2021
A Hamilton youngster has been arrested for alleged involvement in the theft of over USD 36.5m worth of digital assets - the biggest theft reported by one person.
Hamilton is a port city in the Canadian province of Ontario. The arrest came as a result of a joint investigation between Hamilton...
With Over USD 40M Raised, DAO is On the Cusp of Buying a Copy of US Constitution
18.11.2021
ConstitutionDAO, a decentralized autonomous organization (DAO) that was formed to pool funds in an effort to bid on a rare, first-edition printed copy of the US Constitution, has raised over USD 40m - two times more than the auction house Sotheby’s upper estimate....
Read More: With Over USD...
pSTAKE Raises $10M for Bootstrapping Liquid Staking Protocol
17.11.2021
pSTAKE, a carefully designed product, helps to overcome the issues of PoS staking while also improving the experience of the consumer to encourage widespread adoption. With pSTAKE’s TVL now over $30 million, our concept has caught the attention of some of the industry’s top names,...
KuCoin Makes a USD 100M Bet on Metaverse
17.11.2021
The investment and research arm of KuCoin exchange, KuCoin Labs, has launched a USD 100m fund to support metaverse-related projects and promote the metaverse education programs, assisting the public - particularly the younger generation - get acquainted with this new concept. ...
Read More: KuCoin...
CRO Rallies as Crypto.com Scores USD 700M Arena Deal
17.11.2021
Crypto.com coin (CRO) has jumped nearly 10% in a day, following the news that the Singapore-headquartered crypto platform Crypto.com has signed a deal with sports and live entertainment group AEG to secure the naming rights for the famous Staples Center.
At 8:43 UTC, CRO was trading at USD 0.458...
Bitcoin Below USD 60K, Ethereum and Major Altcoins Drop Against BTC
17.11.2021
Bitcoin price continued its decline below the USD 62,000 support and broke the USD 60,000 support to enter a bearish zone. It is currently (04:20 UTC) showing bearish signs.
Besides, most major altcoins are also showing bearish signs and dropping against BTC. BTC is down by almost 3% in a...
In-person Tether Swap Turns into Bloody Kidnap Ordeal for USD 3M Crypto Trader
17.11.2021
Bitcoin (BTC) holders are not the only ones in danger of kidnap attempts – stablecoin advocates are also falling victim to opportunistic attackers hoping to get their hands on these coins.
Per the Hong Kong-based media outlet Ta Kung Pao, criminals are continuing to target traders...
Crypto Markets Shed Billions Overnight — Analyst Says ‘Drawdown Normal’ and ‘Bull Market Structure Still Intact’
16.11.2021
Cryptocurrency markets have dropped significantly in value during the last 24 hours as the entire market capitalization of all 10,000 crypto assets in existence has dropped below the $3 trillion mark to $2.77 trillion on Tuesday morning (EST). After tapping $66K on Monday, bitcoin’s price...
Bitcoin Around $60K Is a ‘Great Buy’ Before Next Surge
16.11.2021
Bitcoin followers finally have something to celebrate. Thanks to the Taproot upgrade. Taproot upgrade was activated at block 709,632 on November 4, 2021. Now, it allows faster and cheaper transaction fees, greater transaction privacy, and efficiency. However, the most interesting part of this...
Bitcoin Testing USD 60K, Ethereum and Altcoins Trying to Recover
16.11.2021
Bitcoin price started a strong decline below the USD 62,000 support level. BTC even traded below USD 60,000 to move further into a bearish zone. It is currently (11:20 UTC) trying to recover and is nearing USD 60,300.
Similarly, most major altcoins are also trying to recover losses. ETH declined...
A 'DAO' Has Raised Over USD 2.7M to Acquire a Rare Print of US Constitution
15.11.2021
A new decentralized autonomous organization (DAO) has been organized to raise funds in an effort to bid on a first-edition printed copy of the US Constitution which will be up for auction at major auction house Sotheby’s on November 18.
ConstitutionDAO aims to pool money using an Ethereum (ETH)...
Ethereum Foundation Sends USD 95M in ETH to Kraken
12.11.2021
An Ethereum (ETH) transaction of ETH 20,000 (USD 95m) has been made from a wallet belonging to the Ethereum Foundation to the crypto exchange Kraken, public blockchain data shows. Meanwhile, there's been no word from the Foundation on what the large transfer is for....
Read More: Ethereum...
If Stablecoins Are Going to Be Regulated Like Banks, They Should Enjoy All the Benefits
11.11.2021
The U.S. Treasury Department proposed regulating stablecoin issuers as banking institutions, which may be a great idea if stablecoin issuers are offered the same privileges as regulated banks. US Treasury Department Report: Stablecoins Regulation Is Urgently Needed The rise of stablecoins within...