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Crypto Adoption Grows, Likely To Reach 1 billion users by 2022 Report Claims

In a report titled “What Does The Future Hold For Crypto Exchanges?”, the digital asset class is stated to be in its early days. The report was published by Boston Consulting Group, Bitget, and Foresight Ventures to highlight and measure the progress achieved by this nascent industry in the past few years. Related Reading | Crypto […] дальше »

2022-7-23 20:18


Former BitMEX CEO Arthur Hayes Says “Prepare” For A Massive Bitcoin Rally

Bitcoin is still stuck in a tight range as it trades around $20,000 to $21,000. The cryptocurrency was rejected at major resistance levels and could re-test its yearly lows close to $17,000. Related Reading | TA: Ethereum Revisits Key Support, Can The Bulls Protect More Losses At the time of writing, BTC’s price trades at $20,600 with a 1. дальше »

2022-7-12 01:00


Why Bitcoin Is Undervalued According To This Expert’s “Conservative” Model

According to Fidelity’s Jurrien Timmer, Bitcoin is currently undervalued. The benchmark crypto has been pushed back to 2020 levels after losing over 70% of its value in the past months. Related Reading | Crypto Traders Lose $280 Million Following Bitcoin’s Break Above $22,000 At the time of writing, Bitcoin has begun showing some green as it makes its way back above its 2017 all-time high levels. дальше »

2022-7-9 00:01


Can Aave Protocol's latest "stablecoin" bring some stability in the performance of AAVE?

One of the leading liquidity protocols, Aave Protocol [AAVE], proposed the creation of its stablecoin "GHO". This proposal by the Aave Protocol comes amidst an increased uncertainty related to the staThe post Can Aave Protocol's latest "stablecoin" bring some stability in the performance of AAVE? appeared first on AMBCrypto. дальше »

2022-7-8 15:30


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DEBT Token Listed For Trading On LBank Crypto Exchange

On July 5, 2022, DEBT was listed on LBank Exchange, a trading platform for digital assets. DEBT Box provides a growing variety of token projects related to real-world commodities as a decentralized eco-friendly blockchain technology initiative, allowing users to become miners and get rewards from various asset classes. On July 5, 2022, at 20:00 (UTC+8), […] дальше »

2022-7-7 17:23


How This Elon Musk Company Has Enable DOGE Payments For Las Vegas Transportation

Elon Musk-owned Boring Company has enabled Dogecoin (DOGE) payments for Loop. The new payment option will allow customers to pay for rides on the Tesla-powered Las Vegas transit system. Related Reading | Cardano Technical Architect: “We Have Many New Technical Development In The Pipeline” These rides let people take a ride around the city at 35 […] дальше »

2022-7-7 22:42


Why The UK Opened A Consultation On Crypto, DeFi, And Staking Taxation

The U.K. HM Revenue & Customs (HMRC) agency opened a consultation on the state of crypto taxation, specifically for decentralized finances (DeFi). This call for evidence will have an 8-week duration from today July 5th until August 31st, 2022 and could result in significant changes to the DeFi tax structure. Related Reading | 3 Lessons From […] дальше »

2022-7-6 18:17


Web3 Gaming Company Speaks Out, Nintendo GameCube Logo Plagiarized?

Web3 gaming console manufacturer Polium revealed their first product, the Polium One. This community-driven project aims to build the “world’s first multi-chain gaming console”. Related Reading | The Central African Republic Unveils Sango Project, Disappoints The World However, the project attempts to get a foothold in an industry that has been primarily hostile towards cryptocurrencies and […] дальше »

2022-7-4 19:25


Why Crypto Is “Likely To Dump” As It Lags The S&P 500, Expert Says

Bitcoin remains stuck at its current levels. The number one cryptocurrency has been unable to push upwards and could be in danger of revisiting its yearly lows. Related Reading | Outflows Rock Bitcoin As Institutional Investors Pull The Plug, More Downside Coming?  At the time of writing, Bitcoin trades at $20,700 with sideways movement in the last 24 hours and the past week. дальше »

2022-6-29 20:20


How This Ethereum Lending Platform Was Attacked And Made A Deal With The Hacker

Ethereum lending platform XCarnival confirmed a bad actor stole $3.8 million or 3,087 ETH. According to a report from on-chain security firm Peck Shield, a hacker exploited a vulnerability on the protocol’s smart contract by borrowing ETH and creating “multiple pledge orders to pledge BAYC (Bored Ape Yacht Club NFTs) many times”. Related Reading | Morgan […] дальше »

2022-6-27 18:17


NHL Partners With NFT Marketplace Sweet To Bring Digital Collectibles To Fans

The National Hockey League (NHL) and the Sweet, a non-fungible token (NFT) platform announced a multi-year partnership deal on June 23. This will bring the NFT marketplace to the League. As per their statement, the NHL, NHLPA, and NHLAA officially designated Sweet as the Official NFT Digital Collectibles Marketplace and Official NFT Partner. Related Readings […] дальше »

2022-6-26 18:25


Crypto Firm Three Arrows Capital Considers Bailout, Hires Financial Advisers

Per a report from The Wall Street Journal, proprietary crypto trading firm Three Arrows Capital (3AC) has confirmed the rumors about its insolvency. The firm has hired a legal and financial team of advisors to “work out a solution for its investors and lenders”, as stated by 3AC co-founder Kyle Davies. Related Reading | Is Elon […] дальше »

2022-6-18 17:25


Why Coinbase Will Cut 18% Of Workforce To “Stay Healthy During Recession”

Major crypto exchange Coinbase published a message from its CEO, Brian Armstrong. The company has decided to reduce its workforce by 18% to “ensure we stay healthy during this economic downturn”. Related Reading | Lending Platform Celsius Freezes Withdrawals, Raising Liquidity Concerns Last year, Coinbase became the first crypto exchange to debut in public markets under […] дальше »

2022-6-15 21:59


Ethereum To Delayed Merge?, ETH Price Plunges Below $1,700

Ethereum has broken below $1,700 since July 2021. At that time, ETH’s price was reacting to the downside due to an increase in selling pressure across the crypto market. Related Reading | TA: Ethereum Holds Key Support, Why ETH Must Clear This Hurdle This time, Ethereum seems to be reacting to poor macro-economic conditions, and a potential delay in its most important milestone in recent history: The Merge. дальше »

2022-6-11 01:51


Will Litecoin’s MimbleWimble Upgrade Become Its Doom?

Five major South Korean exchanges announced their intentions to delist Litecoin (LTC). The cryptocurrency recently implemented an update to improve its privacy and scalability features. Related Reading | Litecoin Reveals Rollout Date For MimbleWimble, Will LTC See Relief? As a result, Upbit, Bithumb, Korbit, Gopax, and Coinone will stop offering to their customers. дальше »

2022-6-9 01:00


Bermuda’s Crypto-Friendly Regulations; Targets To Become A Digital Asset Hub

Bermuda is the latest country that wishes to be in the forefront when it comes to crypto and its regulations. It is now set to develop an extensive and comprehensive crypto regulatory framework. Through maintaining this transparency, Bermuda is attempting to attract more cryptocurrency related projects, and companies who are enthusiasts in this particular field. […] дальше »

2022-6-5 04:00