222 / 232 Relevant items tagged with #Cryptocurrency
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OpenSea serves as an example of why crypto security must improve
[Feb 2, 2023 8:09 PM] For cryptocurrency to achieve mass adoption, breaches that can be easily prevented — like the phishing attack that resulted in OpenSea losing $1.7 million — need to end.
Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse
[Feb 2, 2023 12:30 PM] The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX…
Bitcoin Records Largest Mined Block to Date, 4 MB Block Containing NFT Causes Unease Among Small-Block Supporters
[Feb 2, 2023 9:30 AM] Amid the controversy surrounding the Ordinals project and the debate over what types of data should be stored on the Bitcoin blockchain, the network mined its largest block, nearly 4 MB in size, containing just 63 transactions. One of the…
SOL Surges Nearly 7% As Team Preaches A Better Future For Solana
Crypto Market Still Reeling As Bitcoin’s Break Above $24,000 Triggers Liquidations
[Feb 2, 2023 7:00 AM] On Wednesday, the crypto market received favorable news in form of the FOMC announcement and the price of Bitcoin eventually broke above $24,000. With the Fed turning dovish after being hawkish all through 2022, it has been a beacon for the crypto…
Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder Vows
[Feb 2, 2023 6:30 AM] Russia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also intend to relocate the business to the…
NFT Sales Soar: January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase
[Feb 1, 2023 9:00 PM] Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023. NFT sales reached nearly $1 billion in 30 days, with an approximate total of $997.53 million. Additionally, the number of digital…
London Crowned World’s Leading Cryptocurrency Hub, According to Study
[Feb 1, 2023 7:00 PM] According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the…
MATIC May Take The Crypto Market By Surprise, Here’s Why
[Feb 1, 2023 6:00 PM] MATIC made a 180-degree turn at the beginning of the year, following Bitcoin’s lead. The token, used to govern and secure the Polygon Network, had consolidated since mid-July, with some erratic price action recorded in November. At the time…
Britain Announces Plans for ‘Robust’ Crypto Rules, Launches Consultation
[Feb 1, 2023 4:00 PM] The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will accept public feedback on the new regulatory…
Following APT’s 400% Rise Since Late December, Aptos Drops 20% From All-Time High
[Feb 1, 2023 1:00 PM] On Jan. 26, 2023, the cryptocurrency asset aptos (APT) reached an all-time high and then lost 20% of its value over the next five days. In the past 24 hours, it also shed 8.3% against the U.S. dollar. Despite the decline from its all-time high, APT…
Social Token Platform ‘Rally’ Shuts Down Sidechain, Native Token RLY Plunges 10%
Bitcoin advocate Najah Roberts explains why BTC is a tool for empowerment
[Feb 1, 2023 9:43 AM] The Agenda podcast explores the concept of financial sovereignty, Black American empowerment and the promise of Bitcoin with the revolutionary Najah Roberts.
Binance and Mastercard Launch Crypto Prepaid Card in Brazil as Part of Latam Expansion
[Feb 1, 2023 3:30 AM] Leading crypto exchange Binance and credit card giant Mastercard have partnered to launch a prepaid crypto-linked card in Brazil as part of Binance’s expansion plans in Latam. The Binance card features 8% cashback for eligible purchases and…
Bitcoin Ready To Break Trough $24K, Vital Signs Provide Clues
[Jan 31, 2023 7:30 PM] Bitcoin (BTC) has slowed recently, with price action relying on previously recovered support areas to continue its uptrend and outstanding performance since the beginning of the year. Lately, there have been more expectations of BTC breaking into…
Total Ethereum (ETH) Staked On Lido Finance Reaches New Milestone
[Jan 31, 2023 7:00 PM] Ever since Ethereum transitioned to a proof of stake (PoS) consensus mechanism, the popularity of liquid staking protocols such as Lido Finance and total ETH staked has increased over time. According to the latest update, the total ETH stake in one…
Metaverse Tokens Outperform Top Crypto Assets in 2023 With Decentraland’s MANA Leading the Pack
[Jan 31, 2023 5:30 PM] During the first month of 2023, the top two leading cryptocurrencies, bitcoin and ethereum, experienced double-digit gains against the U.S. dollar. Meanwhile, several alternative cryptocurrencies saw even greater increases in value, with metaverse…
Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs
[Jan 31, 2023 1:30 PM] The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1)…
Ethereum staking withdrawal testnet Zhejiang to go online Feb. 1
[Jan 31, 2023 10:24 AM] This is the first Ethereum public test since the Merge upgrade in September 2022. Developers said further testnets would be triggered in the coming week.
Crypto Quick Hits: 8 simple steps to multiple weekly winners
[Jan 31, 2023 8:56 AM] Two overlooked indicators are alerting traders to massive potential price increases.
Russians Offered Ready-made Crypto Exchange Accounts Amid Restrictions
[Jan 31, 2023 12:30 AM] Russian crypto traders have been looking to obtain unrestricted accounts for global exchanges as their access to such platforms is limited. Over the past year, the offering of such accounts on the dark web has increased significantly, cybersecurity…
Report: Elon Musk’s Payments Vision for Twitter Takes Shape, Small Team Tasked to Build Infrastructure
[Jan 30, 2023 3:30 PM] Seven months ago, current Twitter owner Elon Musk said, prior to acquiring the social media giant, he would integrate cryptocurrency payments. According to sources, a team is working on the infrastructure for a payment platform, and Twitter is…
Kazakhstan Parliament Adopts Law Regulating Crypto Mining and Exchange
[Jan 30, 2023 12:30 AM] Lawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of cryptocurrencies in the country and introduces a…
Crypto Bank Custodia Denied Membership in US Federal Reserve System
[Jan 29, 2023 5:30 AM] The U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to the decision announced Friday, the application submitted by the digital asset bank is inconsistent with legal…
Crypto Association in Turkey Vows to Block Exchanges That ‘Victimize Traders’
[Jan 28, 2023 11:30 PM] A new organization has been established in Turkey with the aim to monitor and help develop the country’s crypto sector, local media reported. Its first task will be to address recent problems with some cryptocurrency exchanges and boost confidence…
Stablecoin Economy Sheds Another $3 Billion in 44 Days
[Jan 28, 2023 3:00 PM] The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd…
Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows Suit
Ban on Crypto Mining in Residential Areas Proposed in Russia
[Jan 28, 2023 3:30 AM] Advisors to the Kremlin have suggested that home crypto mining should be banned in Russia, or in some of its regions. The stated motive for the proposal is to prevent fires in residential buildings. Amateur miners have been blamed for high loads on…