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Bitcoin (BTC)
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Tether responds to WSJ’s insolvency claim, says its US Treasury assets are safe.
Tether has responded to concerns raised by a recent article by The Wall Street Journal claiming that the USDT issuer has inadequate reserves. The post Tether responds to WSJ’s insolvency claim, says its US Treasury assets are safe appeared first on CryptoSlate. origin »
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Rug Pull Almost Wipes out GameFi Project, While DeFi Protocol Suffers Massive Hack.
A P2E GameFi project has seen its value plunge by 99% following a rug pull, while a DeFi platform has lost millions of dollars in a hack. The post Rug Pull Almost Wipes out GameFi Project, While DeFi Protocol Suffers Massive Hack appeared first on BeInCrypto. origin »
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LUNA Classic pumps 70% on ambitions to wipe the past, revive the chain.
LUNA Classic (LUNC) is up 70% from its August 20 low following the implementation of plans to revive the ailing network. The post LUNA Classic pumps 70% on ambitions to wipe the past, revive the chain appeared first on CryptoSlate. origin »
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Bitcoin erases latest gains with BTC price back below $20K as dollar spikes.
Bitcoin drops with U.S. stocks as the dollar finds momentum for an attack on earlier twenty-year highs.
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Research: The European sovereign debt crisis 2.0.
Despite their best efforts, European countries’ governments have so far been unable to curb inflation this year. The post Research: The European sovereign debt crisis 2.0 appeared first on CryptoSlate. origin »
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Shiba Inu’s BONE Token Skyrockets More Than 200% Following Listing on BlueBit.io.
Bone ShibaSwap (BONE) has been increasing at an accelerated rate since Aug 19. With its $2.10 high on Aug 30, it moved above a crucial Fib resistance level. The post Shiba Inu’s BONE Token Skyrockets More Than 200% Following Listing on BlueBit.io appeared first on BeInCrypto. origin »
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Avalanche Price Slips At $30 As AVAX Eyes Key Support.
The price of Avalanche (AVAX) slips at $30 against Tether (USDT) as Avalanche (AVAX) eyes key support to hold the price from selling off. AVAX showed great strength rallying to a high of $30 but was rejected as Bitcoin’s (BTC) price continued to go lower, affecting the price of AVAX from trending higher. origin »
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Need Additional Funds to Pay Bills? Have A Look At Big Eyes Coin, Cardano, Solana.
It is no doubt that adulthood is 90% bills payment and 10% others. Day-to-day activities require us to spend a certain amount of money, which in most cases is inevitable. If you ever heard the phrase “money makes the world go round?” you would agree that this is undisputed. Although making money can be a […] origin »
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Flare Network and Lena Instruments launch new crowdfunding mechanism.
The mechanism allows investors to allocate a portion of the rewards they earned into funding startups.
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Russian PM takes cue from Iran’s crypto payment permit for imports.
The adoption of digital assets provides a good opportunity to ensure uninterrupted payments for imports and exports, Russia's prime minister said. origin »
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‘We need to learn what regulation works and what holds us back’ — Hedge fund exec.
Jaime Baeza said that the fast-paced environment and regulatory uncertainty are some of the challenges institutions face in Web3. origin »
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DEX accidentally hits kill switch on mainnet, locking 660,000 USDC inside.
The deployment of a program upgrade went terribly wrong as a fateful “Solana program close” command stopped OptiFi’s platform indefinitely. origin »
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Organizations bring Africa, Costa Rica and Ukraine to the Metaverse to raise awareness.
Web3 users will soon be able to experience Africa, Costa Rica and Ukraine in the Metaverse, as organizations recreate virtual environments with a purpose. origin »
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Messari report alleges Optimism growth is inorganic.
Blockchain analytics firm Messari released a report alleging that the growth of Ethereum Layer2 network Optimism (OP) is inorganic, There is evidence that @OptimismFND's growth is inorganic. The post Messari report alleges Optimism growth is inorganic appeared first on CryptoSlate. origin »
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Bitcoin shorts liquidated total $9 million as BTC moves back above $20,000.
Bitcoin bulls stepped in to stop the price decline on August 29, at 14:00 UTC, spiking BTC as high as $20,300 in the process. The post Bitcoin shorts liquidated total $9 million as BTC moves back above $20,000 appeared first on CryptoSlate. origin »
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Raydium Springs Up From Underwater, Could This Be A Ray Of Hope?.
The price of Raydium (RAY) drops to $0. 7 against Tether (USDT) from its all-time high of $15 as it eyes to bounce from its low. Despite the relief bounce across most crypto assets, the price of Raydium (RAY) has continued to remain dormant at its all-time low. origin »
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Crypto users call amended SEC whistleblower program rules hypocritical.
SEC Chair Gary Gensler announced amendments to the rules governing the agency’s whistleblower program. The post Crypto users call amended SEC whistleblower program rules hypocritical appeared first on CryptoSlate. origin »
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Indonesian e-commerce giant buys local crypto exchange for $8 million.
By acquiring PT Kripto Maksima Koin, the tech giant pursues a goal of becoming "a diverse money management hub."
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Iran implements rules allowing businesses to use crypto for import trade transactions.
The administration of Iran has passed a set of regulations on trade transactions with cryptocurrencies, according to Reza Fatemi Amin, minister of industry, mines, and trade. The post Iran implements rules allowing businesses to use crypto for import trade transactions appeared first on CryptoSlate. origin »
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First Mover Asia: Taipei Blockchain Week Imperiled by Government’s COVID-19 Quarantine; Bitcoin Rebounds Above $20K.
Organizers are exploring the use of residency visas for potential attendees and are optimistic they will hold a successful event; ether climbs. origin »
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Bored Ape Yacht Club (BAYC) Flips CryptoPunks in NFT All-Time Sales Ranking.
Bored Ape Yacht Club NFT's popularity among celebrities coupled with increasing interest by retail collectors has seen it surpass CryptoPunks in sales. The post Bored Ape Yacht Club (BAYC) Flips CryptoPunks in NFT All-Time Sales Ranking appeared first on BeInCrypto. origin »
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Short-Term Bitcoin Traders Will Suffer From The Fed’s Battle With Inflation, Says BitFury CEO.
In an interview with CNBC, Brian Brooks, CEO of Bitfury, bared his mind on the current state of the markets, showing concern over the actions of short-term traders and the Securities and Exchange Commission (SEC). origin »
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Singapore state investor leads $100M round for crypto firm Animoca: Report.
Both parties participated in a $200 million funding round for the Australian NFT Immutable in March 2022.
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Federal Reserve Sets July 2023 Date for FedNow Instant Settlement Service Launch.
The Federal Reserve has announced that its instant settlement service, dubbed FedNow, will launch by July 2023. Pilot tests are scheduled to begin soon. The post Federal Reserve Sets July 2023 Date for FedNow Instant Settlement Service Launch appeared first on BeInCrypto. origin »
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Facebook Joins Meta’s Instagram in Supporting NFTs.
Users can now integrate their crypto wallet into either app, and begin sharing their collectibles cross-platform. origin »
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Snoop Dogg & Eminem Perform as Bored Ape Avatars at VMA Awards.
Rappers Snoop Dogg and Eminem performed their latest single "From The D 2 The LBC" as Bored Ape avatars during MTV’s Video Music Awards this Sunday. The post Snoop Dogg & Eminem Perform as Bored Ape Avatars at VMA Awards appeared first on BeInCrypto. origin »
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Fiat Infects Relationships With Low Time-Preference.
Relationships are another victim of the low time-preference infection created by fiat money. origin »
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Argentine Province of Mendoza to Accept Stablecoins for Tax Payments.
The fifth most populous province of Argentina will now accept cryptocurrencies, especially stablecoins, for tax payments, according to the Mendoza Tax Administration (ATM). The post Argentine Province of Mendoza to Accept Stablecoins for Tax Payments appeared first on BeInCrypto. origin »
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Fireblocks launches Web3 Engine support on Solana.
The blockchain unicorn created Web3 Engine as a developer tool set targeting DeFi, GameFi and NFT products and services.
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Robert Kiyosaki Says Now Is Time To Get Richer As Epic Market Crash He Predicted In 2013 Begins.
Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, told his followers now is the time to get richer as the huge market crash he previously predicted is officially here. Kiyosaki proffered the advice in an August 29 Twitter post. origin »
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Argentina's Mendoza Province Now Accepts Cryptocurrencies for Tax Payments.
Crypto payments to the province’s government would be immediately converted to Argentine pesos. origin »
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Mastercard Unlocks Huge Feat With Bitcoin, Ether, XRP, Cardano Payments Card For Millions Of Users.
Mastercard is looking to partner with the global crypto exchange Binance to launch a crypto payments card for consumers. Mastercard, like origin »
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Court Rejects Central African Republic’s Plan to Offer Citizenship for Crypto Investment: Report.
The country wanted to offer citizenship and other benefits in exchange for investing $60,000 in its Sango Coin. origin »
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Indonesia's Biggest Tech Firm Enters Bitcoin Market With Local Exchange Acquisition.
GoTo purchased Indonesian bitcoin and cryptocurrency exchange PT Kripto Maksima Koin for $8.38 million to become a diverse money management company. origin »
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Singapore court places Hodlnaut under judicial management.
Embattled crypto lender Hodlnaut has been placed under interim judicial management (IJM), according to an August 29 announcement. The post Singapore court places Hodlnaut under judicial management appeared first on CryptoSlate. origin »
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Binance Pay partnership allows UAE entrepreneurs to repay loans using crypto.
Virtuzone joins the list of mainstream businesses in the UAE, such as JA Resorts and Hotels and Majid Al Futtaim, to officially accept cryptocurrencies following the integration of Binance Pay. origin »
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Korea Blockchain Week Wraps up With Immense Optimism for Crypto’s Future.
[Seoul, South Korea] – FactBlock, the host of the action-packed Korea Blockchain Week 2022, is delighted to share that the fifth installment of Asia’s flagship blockchain event has been a roaring success. origin »
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Iranian businesses get the green light to use crypto for imports.
Iran’s Trade Ministry has approved the use of cryptocurrency payments for imports in a bid to bolster trade in the country.
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Market Wrap: Bitcoin and Ether Rebound Halts 3-Day Losing Streak.
Bitcoin (BTC) started the week in positive territory, rising 3% on average trading volume. The largest cryptocurrency by market capitalization rebounded on Monday following three consecutive days of losses. origin »
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BullDogeChain’s Unique Platform Caters To The Future Of The Crypto Industry.
BullDogeChain, a decentralized blockchain project, has created a unique platform that improves the scalability, security, and efficiency of current protocols to cater to the future of blockchain and cryptocurrencies. origin »
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The End of the Texas Bitcoin Mining Gold Rush.
The new era for mining in the state might look more like a slog than a boom – but it could also be better for the electric grid. origin »
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Dubai-Based Virtuzone to Accept Crypto Payments via Binance Pay.
Virtuzone is joining a number of other UAE companies using Binance Pay for crypto payments. origin »
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Bitcoin Sits On Critical Support As Ethereum Tackles Sub $1,500 Bears.
After shedding over 10% to tap $20,700 on Friday, Bitcoin traded sideways for most of Monday, tagging along with other crypto assets as investors took a back seat against macroeconomic uncertainties. origin »
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NearPay Launches Virtual Crypto Cards and Wallet Apps for iOS and Android.
Lisbon, Portugal, Aug. 26, 2022 (GLOBE NEWSWIRE) — NearPay, a crypto finance protocol, has officially launched virtual crypto cards and its Wallet for iOS and Android... origin »
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Hubble Protocol Launches Kamino Finance To Optimize Yields for Solana Liquidity Providers.
Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the first concentrated liquidity market maker (CLMM) optimizer of its kind on the Solana blockchain. Kamino Finance, launching initially on next-generation decentralized exchange (DEX) Orca, will allow users to earn higher yields in a fully automated way simply by depositing their crypto into vaults … Continued The post Hubble Protocol Launches Kamino Finance To Optimize Yields for Solana Liquidity Providers appeared first on BeInCrypto. origin »
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Aave community proposes to temporarily suspend ETH lending before the Merge.
The governance vote to approve the pause will commence on Aug. 30, 2022, and end on Sept. 2, 2022.
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Binance Aus ramping up measures to protect vulnerable users, says CEO.
The general type of people Binance Australia has flagged as vulnerable users are the elderly, people that live in remote areas or those with disabilities. origin »
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Bitcoin (BTC) Price at Risk With Dormant Coins on the Move and JP Morgan Screaming Sell.
Bitcoin (BTC) increased on Aug. 29, creating a bullish engulfing candlestick in the process to move back above $20,000. The post Bitcoin (BTC) Price at Risk With Dormant Coins on the Move and JP Morgan Screaming Sell appeared first on BeInCrypto. origin »
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Hodlnaut now placed under creditor protection after freezing withdrawals.
Hodlnaut froze withdrawals and all other services on its platform on Aug. 8, citing a liquidity crisis and turbulent market conditions. origin »
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New Report Says Bitcoin Daily Trading Volumes Are Fake, So What’s The Real Number?.
Bitcoin trading volumes have always surpassed expectations in the past. Last week, celebrations filled the community as the digital asset had reportedly seen more than $1 trillion transacted on the network so far. origin »
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