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Crypto News Summary: Mastercard Launches Start Path Crypto, Meta Bringing NFT Minting & Trading to Instagram
3.11.2022
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: Crypto News Summary: Mastercard Launches Start Path Crypto, Meta Bringing NFT Minting & Trading to Instagram
Skyward finance exploit allegedly results in $3 million loss
2.11.2022
The hacker appears to have drained the platform of 1.1M NEAR tokens, worth an approximate $3 million dollars USD at time of publication
Crypto News Summary: Visa Masters of Movement FIFA NFT Auction, El Salvador Development Bank Won't Provide BTC Purchase Info, Coinbase Supports Ripple Against SEC
1.11.2022
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: Crypto News Summary: Visa Masters of Movement FIFA NFT Auction, El Salvador Development Bank Won't Provide BTC Purchase...
BitMEX adds Crypto conversion support for NEAR, AVAX & BNB
31.10.2022
BitMEX recently announced extending its crypto conversion support to NEAR, AVAX, and BNB. However, this extended support system allows users to convert USD Coin into every token and coin available on BitMEX.Similarly, users can also convert the ERC-20 USD Coins into all the tokens and coins....
Fed’s Key Inflation Gauge Jumps 0.5% in September, America’s Rising Costs to ‘Punish’ Democrats
30.10.2022
The U.S. central bank’s key inflation gauge, the personal consumption expenditures (PCE) price index, increased by 0.5% in September, according to data released by the U.S. Commerce Department on Oct. 28. Meanwhile, markets expect with near-certainty that the Federal Reserve will codify its fourth...
Core Scientific reveals financial distress in SEC filing, says its end may be near
27.10.2022
The Bitcoin miner says low BTC and high electricity rates and Celsius’ refusal to pay its bills could be its undoing; the company’s BTC holdings have dropped from 8,058 in May to 24 now
257 Economists Say Global Recession Is Near, US Trade Restrictions Against China Could Stir Taiwan Invasion
27.10.2022
According to 257 economists polled by Reuters, the global economy is approaching a recession, but 70% of the survey’s participants believe the chances of a sharp rise in unemployment levels will be low. The poll follows the Biden administration and the U.S. Commerce Department issuing a package...
BudBlockz looks promising in Presale; XRP scores a victory in its SEC case
27.10.2022
Avid crypto investors are constantly looking for their next significant investment, trying to find a crypto token with a great use case, great returns, or both. BudBlockz Appears Promising in Its Presale Cryptocurrency presales can be a minefield to navigate, but they provide some of the best...
Shiba Inu (SHIB) faces profiteering near the 100 EMA!
27.10.2022
Shiba Inu has not yet lost its charm, as this hyperactive meme coin is once again in action. The recent jump of 19% value despite the profit booking, in the end, has allowed Shiba Inu to jump one spot in its market capitalization, ranking to 14th position. The latest market cap value of Shiba...
Hackers Are Taking Advantage of Typing Mistakes to Steal Cryptocurrency
25.10.2022
A group of hackers have taken advantage of typing mistakes in order to introduce malware to Android phones and Windows-based PCs. Using a technique called typosquatting, which consists of registering domains that are dramatically near to the ones of official brands of organizations, hackers...
Near Foundation sets up $40M fund to bail out USN investors in case of collapse
25.10.2022
The program was launched after Decentral Bank, the issuer of NEAR-native stablecoin USN, raised concerns about the stablecoin depegging due to algorithmic failure
Reddit NFT trading volume hits all-time high as wallet holders near 3 million
24.10.2022
Meanwhile, the minting volume of nonfungible tokens have been declining steadily
Hyperbitcoinization Is Coming to an Emerging Market Near You: an Interview With Paxful's Ray Youssef
24.10.2022
Paxful CEO and co-founder explains why the global south will lead the Bitcoin revolution
NEAR Foundation Urges Wind-Down of USN Stablecoin, Sets Aside $40M
24.10.2022
The foundation is setting aside $40 million for a "protection program," which it says is equal to the amount of a "collateral gap" associated with the undercollateralization of the USN project
State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months
22.10.2022
During the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region. The TVL in defi has shed significant value during the past six months as it dropped from $161 billion on April 1, down...
Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed Will Pivot in December
21.10.2022
According to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike by roughly 75 basis points (bps) next month. Moreover, markets are predicting another rise by three-quarters of a point, and CME’s Fedwatch Tool indicates there’s...
Global recession may last until near 2024 Bitcoin halving — Elon Musk
21.10.2022
The world could be stuck with recession until Spring 2024, Musk guesses in a fresh blow to the risk asset outlook
Biggest Movers: XMR Moves to 10-Day High, AAVE Remains Near 5-Week Peak
19.10.2022
Monero raced to its highest point in ten days, as the token moved past a key resistance level on Wednesday. Today’s move sees the token rise higher for a fourth consecutive day, following a rebound from its long-term floor. Aave was also in the green, as it remained close to a five-week...
Bitcoin 'bear trap' sees BTC price near $20K as daily gains top 9%
14.10.2022
Over $320 million in liquidations accompanies a gruelling 24 hours for crypto traders
Biggest Movers: QNT Remains Near Multi-Month High, HBAR 11% Higher
12.10.2022
Quant continued to trade close to an eight-month high on Wednesday, as prices of the token rose for a second straight day. Hedera was another notable mover in today’s session, as it rose by as much as 11% earlier in the day. Overall, crypto markets are marginally down as of writing. Quant (QNT)...