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Layer 2 networks see jump in dApp migration; the reason might surprise you.
dApps have increased migration to layer 2 networks. Arbitrum continues to lead as the layer 2 network with the highest TVL Gas fees spent by layer 2 (L2) Ethereum scaling solutions to settleThe post Layer 2 networks see jump in dApp migration; the reason might surprise you appeared first on AMBCrypto. origin »
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TRON [TRX] is ready for a further rally; investors can profit from this level.
TRX was in a bullish market structure. A break of the current support resistance at the 38.2% Fib level ($0.5345) is possible. TRX saw improved sentiment and an increase in funding rates froThe post TRON [TRX] is ready for a further rally; investors can profit from this level appeared first on AMBCrypto. origin »
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Cardano (ADA) and Solana (SOL) Holders Left Unhappy, Analysts Say Don’t Miss Out On Orbeon Protocol (ORBN) Presale.
Cryptocurrencies compete for market share, but a high tide can raise all ships. Cardano and Solana investors recognize innovation when they see it and that’s why they’re buzzing about Orbeon Protocol (ORBN). origin »
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LINK: Looking into the details of Chainlink staking v0.1 early access launch.
Chainlink witnessed massive volatility after the launch of its staking protocol Interest in staking gradually declined as selling pressure took over Chainlink witnessed quite a lot of volatiThe post LINK: Looking into the details of Chainlink staking v0. origin »
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ETH key addresses intensify accumulation, weak hands continue to sell at a loss.
Key sharks and whales have grown their ETH holdings in the last month. Even after a price decline, ETH sees fewer sell-offs. Despite the continued decline in Ethereum’s [ETH] price due tThe post ETH key addresses intensify accumulation, weak hands continue to sell at a loss appeared first on AMBCrypto. origin »
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Hong Kong to subject crypto exchanges to the same laws governing TradFi.
The legislative council of Hong Kong has amended its anti-money laundering (AML) and counter-terrorist financing (CFT) financing system to include virtual/crypto asset service providers. The legisThe post Hong Kong to subject crypto exchanges to the same laws governing TradFi appeared first on AMBCrypto. origin »
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7 of the Best Play-to-Earn Crypto Games to Invest in for 2023.
In a recent report, DappRadar stated that $1. 3 billion was raised by play-to-earn and metaverse games in Q3 2022 alone. This comes with almost a million daily active wallets interacting with these games. origin »
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PayPal expands cryptocurrencies operations to Luxembourg.
PayPal has announced that it is expanding its cryptocurrency operations to Luxembourg despite the ongoing crypto winter which is projected to extend to 2023 after the FTX collapse. KEY TAKEAWAYS 2022 has been one of the darkest years for the crypto industry because of the crushing prices and collapse of crypto giants. origin »
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FTX engages forensic team to investigate missing funds.
Financial forensic investigators have been hired by the new administration of FTX to trail lost customer funds worth billions of dollars. origin »
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Centralized Crypto Exchange Bybit Integrates Decentralized Exchange ApeX Pro Onto Platform.
The move had been “well under way” prior to the collapse of FTX and heightened scrutiny of centralized exchanges. origin »
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PayPal Expands Crypto Service Into Luxembourg.
PayPal has expanded its service for buying and selling crypto to Luxembourg in what may open the door for it to be offered in other European Union countries. origin »
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Mastercard executive says FTX collapse could reset crypto.
The Executive Director of Mastercard, Grace Berkery, reportedly considered the crash of the FTX network as a chance for the crypto market to stabilize. origin »
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TRON Academy Announces 7 New Partners and New Activations.
Geneva, Switzerland, 8th December, 2022, Chainwire TRON DAO recently launched The TRON Academy initiative to empower young blockchain enthusiasts from top-tier universities around the world. Creators are being welcomed to take advantage of early-stage development opportunities in the TRON ecosystem. origin »
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Metacade Presale for Web3’s First-Ever P2E Crypto Arcade Raises Over $670k in Under 2 Weeks.
London, United Kingdom, 8th December, 2022, Chainwire Metacade, the first-ever community-developed play-to-earn (P2E) blockchain arcade, has announced the launch of its highly anticipated $MCADE token presale. origin »
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Alchemy partners with OpenSea, Polygon and 8 others, unveils Web3 dApp store.
Alchemy has announced the launch of its new decentralized applications (dApps) store, in collaboration with nine launch partners including OpenSea, Polygon, Zengo, and more. origin »
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Genesis yet to enable customer withdrawals amid FTX contagion.
Genesis, a US-based crypto lending platform, informed its customers that withdrawals might be halted for weeks while it develops a plan to avoid potential bankruptcy. origin »
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SAND's demand among ETH whales sees uptick, thanks to Biconomy.
SAND’s supply distribution confirms that whales have been accumulating. It is among the top tokens currently exposed to the 5000 ETH whales. SAND holders have a reason to have favorable eThe post SAND's demand among ETH whales sees uptick, thanks to Biconomy appeared first on AMBCrypto. origin »
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Metacade Announced – Presale for Web3 P2E Project Raises Over $670K.
Metacade, the first-ever community-developed play-to-earn (P2E) blockchain arcade, has announced the launch of its highly anticipated $MCADE token presale. The sale of Metacade’s native utility token sold over an incredible $670k in under 2 weeks, with their beta sale stage now over 60% sold out. origin »
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Here’s Why Shiba Inu (SHIB) Price Will Fall to New Yearly Low in December.
The Shiba Inu (SHIB) price completed a short-term correction and was rejected by a horizontal resistance area. The post Here’s Why Shiba Inu (SHIB) Price Will Fall to New Yearly Low in December appeared first on BeInCrypto. origin »
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Brazilian Fintech firm in talks with Meta to process WhatsApp payments.
Mercadolibre, a Latin American-based firm, is currently in talks with WhatsApp on business messaging payment. origin »
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Coinbase CEO estimates 50% revenue drop due to falling crypto prices.
Coinbase CEO says that low crypto prices and the fall of the FTX have shaken investors' trust. Subsequently, their revenue could more than half by end year. origin »
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Canada’s Largest Pension Fund Gets Cold Feet on Crypto.
The biggest pension fund in Canada has given up on its crypto research. The move comes during a deepening crypto winter and a year of contagions and collapses. The post Canada’s Largest Pension Fund Gets Cold Feet on Crypto appeared first on BeInCrypto. origin »
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Judge orders Celsius to reimburse $50 million to crypto investors.
A U.S. bankruptcy judge has ordered Celsius Network, a defunct crypto lender, to reimburse $50 million worth of crypto to custodial account holders. origin »
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Only 8% of Americans are bullish on cryptocurrencies.
According to a recent survey released by CNBC, Only 8% of Americans are bullish on crypto. The report shows low interest levels on crypto by American citizens as Brook believes the FTX collapse to be the cause. origin »
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UK watchdog: learning from FTX collapse will be “pacy”.
In response to the FTX crypto exchange's collapse, which left 80,000 UK investors with losses, the UK FCA and other international regulators are acting to protect investors. origin »
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Ethereum developers to claim 10 Goerli and Sepolia ETH testnet.
A recent Tweet indicates that any developer who has ever deployed a contract to Goerli, Sepolia, or Mainnet is entitled to a one-time claim of the 10 Goerli and Sepolia ETH testnet. origin »
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Lawsuit against Kim Kardashian and Mayweather dismissed.
According to a recent press release, judge Fitzgerald dismissed the lawsuit against EthereumMax, Kim Kardashian and Mayweather. According to the judge, failure of the fillings to adhere to the heightened pleading requirements caused his decision. origin »
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Judge orders Celsius to return $50m crypto to custody account holders.
A U.S. bankruptcy judge ordered Celsius to return some coins. Meanwhile, Celsius has asked the judge for permission to sell the $18 million worth of crypto to keep paying its bills. As per aThe post Judge orders Celsius to return $50m crypto to custody account holders appeared first on AMBCrypto. origin »
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Why Is the Crypto Market Down Today?.
The cryptocurrency market cap (TOTALCAP) has increased alongside an ascending support line since Nov. 22. The upward movement led to a high of $827 billion on Dec. 5. The post Why Is the Crypto Market Down Today? appeared first on BeInCrypto. origin »
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The Gnosis Merge schedules for today as the blockchain migrates to Proof of Stake.
Gnosis follows the footsteps of Ethereum in migrating to a Proof of Stake (PoS) protocol. Gnosis is migrating from a Proof of Authority mechanism to PoS. The developers are working to ensure that The Merge is successful. origin »
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Crypto Options Exchange Deribit Registered Record Trading Volume in November.
Deribit was busier than ever as FTX-induced uncertainty boosted demand for options or hedging instruments. origin »
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Japan’s Second-Largest Bank To Use Soulbound Tokens for Identity Verification.
The second-largest bank in Japan, Sumitomo Bank, plans to trial soulbound tokens for identity verification. Japan has been making big strides in web3 experimentation and research. The post Japan’s Second-Largest Bank To Use Soulbound Tokens for Identity Verification appeared first on BeInCrypto. origin »
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Web3 Antivirus: The all-in-one solution that guarantees Web3 security.
There's a lot of hype these days about the advent of Web3, which uses blockchain technology to generate immutable copies of data that can be shared and viewed across decentralized networks. The idea iThe post Web3 Antivirus: The all-in-one solution that guarantees Web3 security appeared first on AMBCrypto. origin »
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Why The Graph Tops The AI & Big Data Tokens List.
Definition: The Graph, a decentralized system, is used to index and search data from blockchains, starting with Ethereum. It allows for the querying of data that is difficult to query directly. The Issue With Complex Data and Smart Contracts It is challenging to read anything besides the most basic data directly from the Ethereum blockchain […] origin »
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Tron [TRX] releases its weekly update, here's everything you need to know.
Tron achieves yet another week of robust network growth. TRX remains pegged to the rest of the market with an unenthusiastic performance. Tron has been making headlines as one of the blockchThe post Tron [TRX] releases its weekly update, here's everything you need to know appeared first on AMBCrypto. origin »
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Lucky Mystery Box introduces TRON-based lottery worth 1M USDT.
The platform introduces five Blockchain HASH games Size, Odd Even, Perfect Partner, Combat, and Cow Mystery. Lucky Mystery Box, announced today the launch of its Crypto lottery on the TRON networThe post Lucky Mystery Box introduces TRON-based lottery worth 1M USDT appeared first on AMBCrypto. origin »
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Coinbase Head Predicts 50% Revenue Slump This Year, Stock Down 86%.
Coinbase chief executive Brian Armstrong is not very optimistic about his firm’s revenue this year. He claims earnings may be cut by half due to a prolonged crypto winter and waning investor confidence. origin »
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Binance Proof-of-Reserves Audit Shows Holdings Are Overcollateralized.
Binance conducted its first proof of reserves audit report, revealing that the company had sufficient assets for mass customer withdrawals. The post Binance Proof-of-Reserves Audit Shows Holdings Are Overcollateralized appeared first on BeInCrypto. origin »
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IMX is down by 9% but will it recover soon after Nifty Gateway launches on Immutable X?.
Nifty Gateway officially launches on the Immutable X network. IMX has lost nearly 10% of its value and could dip further before the end of the day. The broader crypto market continues its poor performance this week. origin »
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Charles Hoskinson: Anti-Crypto Stance in India Prevents Cardano Market Entry.
Charles Hoskinson, the co-founder of Cardano, believes India has been strongly anti-crypto. Is it a mistake for Cardano to ignore the region? The post Charles Hoskinson: Anti-Crypto Stance in India Prevents Cardano Market Entry appeared first on BeInCrypto. origin »
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Aave Companies Acquires Sonar Mojis as it Aims for Web 3 Dominance.
Crypto giant Aave Companies has acquired metaverse developer Sonar in an undisclosed takeover, cementing it;s place in the Web 3 arena. The post Aave Companies Acquires Sonar Mojis as it Aims for Web 3 Dominance appeared first on NFT News Today. origin »
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Coinbase FY2022 revenue to be less than half of FY2021 revenue, says Brian Armstrong.
CEO Brian Armstrong said Coinbase’s revenue for 2022 will plunge by 50% as the bear market continues. Coinbase’s shares are down by roughly 80% since the start of the year. FTX’s demise is due to massive fraud and not mismanagement FTX’s 2022 revenue to decline by 50% Coinbase Global Inc. origin »
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Dogecoin Futures Market Suggests Trouble for Long-Term DOGE Holders.
Dogecoin kept investors' attention even amid larger bearish blues. But with the futures market turning red, what can investors expect? The post Dogecoin Futures Market Suggests Trouble for Long-Term DOGE Holders appeared first on BeInCrypto. origin »
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Expensive EU Metaverse Party Attracts No Interest From Its Target Audience.
An expensive EU metaverse party flopped embarrassingly after its target audience failed to show any interest. The event, dubbed “Global Gateway,” targeted young people to connect and discuss global issues. origin »
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SBF Faces Market Manipulation Inquiry for Terra Collapse.
Crypto’s public enemy number one, Sam Bankman-Fried (SBF), could be investigated for market manipulation. The post SBF Faces Market Manipulation Inquiry for Terra Collapse appeared first on BeInCrypto. origin »
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Crypto Lender Celsius' Bankruptcy Judge Orders It to Return $50M of Crypto to Custody Account Holders: Bloomberg.
Celsius filed a motion in September to return crypto to customers who held assets in such accounts. origin »
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Solana hovers near $14 but here's why a foray toward $15 might not be bullish.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The former bullish order block in the $15 vThe post Solana hovers near $14 but here's why a foray toward $15 might not be bullish appeared first on AMBCrypto. origin »
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BudBlockz (BLUNT): An Emerging Altcoin Set to Dominate the Crypto Market in 2023.
The cryptocurrency market is increasingly changing as investors become savvy about where to invest their hard-earned money. Following the collapse of Terra Stablecoin and, most recently, the FTT token, the focus has shifted towards projects with special use cases or utility. origin »
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Change Your Financial Status with ICOs Like Oryen Network, Which Is Predicted to Mimic the Gains of Avalanche and Fantom.
Initial Coin Offerings (ICOs) are rewarding ways for users to invest in crypto projects. Some projects grow over 1000X at full launch, rewarding the earliest backers. Clearly, such gains would quickly turn you into a millionaire. origin »
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Steve Aoki and 3LAU Launch PUNX Music Project Using CryptoPunks IP.
The DJs and NFT enthusiasts are teaming up on an "audio-visual IRL-meets-metaverse supergroup." origin »
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