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Galaxy Digital Back Pedal On $1.2 Billion Deal For BitGo Acquisition, BitGo To Seek $100 Million In Damages.
Galaxy Digital has announced that it’s backing out of its $1.2 billion proposed acquisition of the cryptocurrency custodian, BitGo. Galaxy Digital Backs Out Of BitGo Deal A $1.2 billion acquisition of Palo Alto, California-based BitGo by digital asset investment firm Galaxy Digital has been canceled, ending one of the biggest acquisitions in cryptocurrency history. In […] origin »
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Monero [XMR]: Every detail you need to know about latest hard fork.
Monero [XMR], one of the most renowned privacy coins, underwent a successful hard fork on block 2,688,888, this Sunday (14 August). The upgrade incorporated significant changes to make the network The post Monero [XMR]: Every detail you need to know about latest hard fork appeared first on AMBCrypto. origin »
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EU Creates New Regulator For Crypto Oversight.
The European Union (EU) is planning to create a sixth “Anti-Money Laundering Authority” that will be specifically responsible for regulating the cryptocurrency industry. While the Markets in Crypto Assets regulation and the contentious Transfer of Funds Regulation have received the majority of attention from the cryptocurrency industry, they are only a small part of a […] origin »
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Ethereum Hits New Milestone, Investors Accumulate Ahead Of Merge.
The Ethereum deposit staking contract has seen increased interest since developers announced that the Merge is likely to happen next month in September. This move to proof of stake will see miners be flushed out in favor of validators who earn rewards for staking their ETH, and more investors want to take advantage of this. origin »
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BitGo seeks $100M+ from Galaxy Digital over merger termination.
BitGo, a leading digital asset custodian, says it will seek over $100 million in termination fee damages from Mike Novogratz and Galaxy Digital Holdings Ltd. A press release BitGo published on Monday noted that the crypto custodian viewed Galaxy’s earlier announcement that it had terminated their previously agreed acquisition deal as “improper. origin »
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Why The U.S. Fed Could Give Crypto Banks Access To Legacy Banking System.
According to a press release, the U.S. Federal Reserve (Fed) might provide crypto banks and other entities with access to Federal Reserve accounts and payment services. Following two proposals from the Federal Reserve Board in May 2021 and March 2022, the institution has arrived at final guidelines for these purposes. Related Reading: MakerDAO Set To […] origin »
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Shiba Inu Rallies Up 26% In Past Two Days, Beats DOGE And BTC.
Shiba Inu has climbed up around 26% in the past two days, beating all the other top cryptos in the market, including Dogecoin and Bitcoin. Shiba Inu Observes 26% Rally Over The Last Couple Of Days While most of the crypto market has shown little movement during the past week or so, SHIB has been […] origin »
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STEPN: Should investors aim for Lambo with GMT in their portfolio.
Play-to-earn blockchain gaming platforms were among the most impacted by the bloodbath that plagued the cryptocurrency market in the first half of the year. With dwindling gamers’ interest aggraThe post STEPN: Should investors aim for Lambo with GMT in their portfolio appeared first on AMBCrypto. origin »
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Ethereum HODLers bullish ahead of Merge might be mistaken as per....
The largest altcoin has continued to take important steps concerning preparation ahead of the Merge. But Ethereum's on-chain activity has barely seen any growth. And, you might ask is it calm beforThe post Ethereum HODLers bullish ahead of Merge might be mistaken as per... appeared first on AMBCrypto. origin »
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Shiba Inu Price Forms Cup And Handle Pattern, What Does This Mean?.
Shiba Inu Price had registered substantial gain over the last week. In the last 24 hours however, the coin moved down on its chart. The meme-coin had broken past its cup and handle pattern that was being formed for the past several months. origin »
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A take on Bitcoin's less volatile cycle ft. a potential price uptick.
Bitcoin and volatility are two words that often go hand in hand. Volatility means that the price of an asset might change rapidly and unpredictably, especially, for the worse. For Bitcoin, after thThe post A take on Bitcoin's less volatile cycle ft. origin »
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Uniswap takes a big hit but here's why HODLing could be a way to go.
Uniswap is approaching a crucial junction as the leading DEX is faced with a gripping situation. After usurping Curve as the most used decentralized exchange, the platform has been going through a The post Uniswap takes a big hit but here's why HODLing could be a way to go appeared first on AMBCrypto. origin »
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Zipmex CEO Allegedly Asked to Step Down by Disgruntled Investors.
Zipmex CEO Marcus Lim is under scrutiny by investors and shareholders, some of whom are calling for his resignation. The post Zipmex CEO Allegedly Asked to Step Down by Disgruntled Investors appeared first on BeInCrypto. origin »
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Crypto Exchange Zipmex Granted Three Month Creditor Protection From Singapore Court.
Crypto Exchange Zipmex has just received a moratorium extension from Singapore High Court. At the moment, Zipmex has more than three months of creditor protection. This will give the crypto exchange some more time so that they could devise the next steps of their funding plan. origin »
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MakerDAO Set To Convert USDC Funds To ETH, Is This A Good Idea?.
The crypto community has been on alert since the crash of LUNA, ETH, and USDT. Investors depend on stablecoins to hedge against price volatility in the crypto market. These stablecoins are pegged to USD, meaning each coin is worth the same as 1 USD. origin »
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Is the future of web3 cross-chain interoperability? Jason Ma from Alexlar answers.
CryptoSlate caught up with Jason Ma of Axelar to discuss the future of cross-chain interoperability within web3. The post Is the future of web3 cross-chain interoperability? Jason Ma from Alexlar answers appeared first on CryptoSlate. origin »
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WiBT Spotlights Women and Diverse Groups via New weekly Twitter Spaces Series.
Women in Blockchain Talks, the UK’s leading diversity-driven blockchain education and networking ecosystem, has launched a weekly Twitter Spaces series dubbed “Spotlighting A Few, Creating Space For All” alongside Into the Metaverse (ITMV. origin »
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Crypto.com Inks Agreement to Operate Under Canada’s Securities Watchdog.
Crypto.com becomes the first cryptocurrency exchange to commit to offering crypto products in line with the rules of the Ontario Securities Commission. The post Crypto.com Inks Agreement to Operate Under Canada’s Securities Watchdog appeared first on BeInCrypto. origin »
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Examining The Nixon Shock Decisions That Would Lead To Bitcoin.
In hindsight, several particular decisions made in the 20th century created an environment that necessitated bitcoin. origin »
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NFT Rentals: Lending Out Digital Goods Opens Web3 to Mass Adoption.
NFT rentals can have massive implications for how brands and users interact with the metaverse — especially if the trend takes off. The post NFT Rentals: Lending Out Digital Goods Opens Web3 to Mass Adoption appeared first on BeInCrypto. origin »
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Influencers: How to Leverage the Best Result For Your Business.
Influencers: The value of cooperation between businesses and influencers can not be overlooked when growing your business The post Influencers: How to Leverage the Best Result For Your Business appeared first on BeInCrypto. origin »
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Why Aave Will Submit Address Censorship To A Community Vote.
In a report from TheBlock, the team behind the Ethereum (ETH) protocol Aave addressed the concerns about their address screening process. The decision to partner with compliance firm TRM Labs has been gaining a lot of attention after several high-profile personalities were blocked from accessing the platform. origin »
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Challenging Tiffany & Co. and What Could be the Most Expensive Public Sale in NFT History.
Are diamonds an NFT holder’s best friend? The answer might be yes for a few hundred CryptoPunks holders, and it could soon be the same for thousands of others. Tiffany & Co. , the well-known luxury jeweler and specialty retailer, made a lavish entrance into the NFT space this month, raking in more than $12. origin »
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Op-ed: Reimagining cross-chain bridges: Let’s stop trying to be liquidity protocols.
After a number of large-scale exploits of bridges, a lot of oxygen is being given to the narrative that cross-chain technology is inherently flawed — that cross-chain interoperability means risk. The post Op-ed: Reimagining cross-chain bridges: Let’s stop trying to be liquidity protocols appeared first on CryptoSlate. origin »
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Crypto Kaleo says ‘a bit lower’ before new highs makes sense for Bitcoin.
Crypto Kaleo does not think there will be a capitulation to beneath $20K or… The post Crypto Kaleo says ‘a bit lower’ before new highs makes sense for Bitcoin appeared first on CoinJournal. origin »
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TA- Alien Worlds (TLM) Set For A Major Rally As Market Looks Promising.
The price of Alien Worlds (TLM) has struggled to break out of a range recently with few bullish signs against Tether (USDT). Alien worlds could be set for a major rally after narrowly holding above key support as other crypto assets continue to trend higher. origin »
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"We Are Not Part of a Clan": Cardano Community Criticizes New Social Platform.
A new Cardano-focused social platform has been panned by the community origin »
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Is Dogecoin to $0.1 a possibility after a meme-inspired rally?.
Dogecoin rallied over the weekend as risk-on sentiment develops Libdogecoin project expected to allow… The post Is Dogecoin to $0.1 a possibility after a meme-inspired rally? appeared first on CoinJournal. origin »
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ATOM is locked in an ascending triangle. Is a breakout imminent?.
Cosmos has recorded a 32% jump in daily trading volumes ATOM/USD is trapped in… The post ATOM is locked in an ascending triangle. Is a breakout imminent? appeared first on CoinJournal. origin »
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Mike Novogratz's Galaxy Digital Facing Lawsuit from BitGo.
BitGo has teamed up with litigation powerhouse Quinn Emanuel in order to take Galaxy Digital to court origin »
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1Inch investors making long bets can consider this update.
Monthly active users (MAU) on 1Inch Network have declined gradually since November 2021, data from Dune Analytics revealed. In July, the total monthly active users on the all-in-one DeFi platform stooThe post 1Inch investors making long bets can consider this update appeared first on AMBCrypto. origin »
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Acala Community Debating Massive Token Burn to Recover From Exploit.
The Acala community has proposed burning tokens to help its stablecoin recover dollar parity following this weekend’s attack. Acala Could Execute Coin Burn Acala could carry out a coin burn... origin »
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Cardano’s ADA sets $0.655 the next in sight as breakout looks sustainable.
The journey to the Vasil upgrade remains on course after the launch of the… The post Cardano’s ADA sets $0.655 the next in sight as breakout looks sustainable appeared first on CoinJournal. origin »
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Polygon loses $1 mark but manages community support- here's how.
Polygon has had quite an impressive week this time around as it chased down a milestone in DeFi. It has now become the fifth largest blockchain in terms of its DeFi total value locked (TVL) after oThe post Polygon loses $1 mark but manages community support- here's how appeared first on AMBCrypto. origin »
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Cardano (ADA) Breaks out From Long-Term Resistance Line.
Cardano (ADA) has created a higher low and is in the process of moving towards the resistance line of its horizontal range. The post Cardano (ADA) Breaks out From Long-Term Resistance Line appeared first on BeInCrypto. origin »
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Binance Eyes First Steps Into Kazakhstan Following in-Principle Approval.
The world’s largest cryptocurrency exchange by volume has received in-principle approval from the financial authority of the capital of Kazakhstan. The post Binance Eyes First Steps Into Kazakhstan Following in-Principle Approval appeared first on BeInCrypto. origin »
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USDC: The digital dollar for the global crypto economy.
Learn about working at Coinbase: https://www.coinbase.com/careers - Medium origin »
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XRP Sluggish At Resistance – Will It Break Out After 2 Months Of Vertigo?.
XRP is seen to be stuck and on tepid waters as the price is not wandering off from $0. 3 to $0. 39 for two months. XRP experiencing weakness with price stuck at $0. 3 to $0. 39 Price hinting a bearish squeeze Price nearing a breakout and a plunge of 52% The current sluggishness that XRP price is going through is severely pinning and stopping the bulls from making any move in the upward direction. origin »
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Here’s Why Scaramucci Expects Bitcoin Price To Reach $300,000 Before 2030.
The market recovery has seen the bitcoin price reach higher highs than expected in the short term. This has come following the announcement that the inflation rate of the US is slowing down, and more investors are bullish once more in the market. origin »
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Bitmain, Antpool Offer Bitcoin Mining Industry Lifeline Amid Miner Capitulation.
The ASIC manufacturer and the Antpool mining pool are partnering with Antalpha to finance low-cost loans for equipment and resource costs to weather the winter. origin »
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Research: Ethereum is neither decentralized nor deflationary.
Ethereum is the foundation of the decentralized finance ecosystem and is automatically categorized as a decentralized network. The post Research: Ethereum is neither decentralized nor deflationary appeared first on CryptoSlate. origin »
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Two Factors Set To Trigger Massive Demand For Bitcoin — Skybridge’s Scaramucci.
Scaramucci highlighted two catalysts of mass demand for the asset class. origin »
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DeFi Firms Iron Bank, Yearn Finance Join Layer 2 Protocol Optimism.
Developers of the DeFi protocols said that layer 2 networks offer improved security and capital efficiency for users. origin »
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Infinity Skies Launches Demo with $5000 Giveaway.
Infinity Skies has launched a brand new demo, introducing a host of new features to its castle building community. The new sandbox style game invites players to build a castle on an island in the sky, using tradable NFTs, and chase glory on the social leaderboard. origin »
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Ethereum NFT Creators Giving Away Rights (To Basically Everyone).
Last week, we discovered that Moonbirds are transitioning to CCO licenses. Why are their creators embracing the public domain and giving away rights to everyone? The post Ethereum NFT Creators Giving Away Rights (To Basically Everyone) appeared first on NFT News Today. origin »
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Bitcoin mining stocks bounce back in August.
It’s been a welcome reprieve in the markets recently, following a torrid first half of the year. However, one sector’s bounceback has been especially strong. Bitcoin mining stocks have surged the last couple of weeks. origin »
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Cardano (ADA) Founder Reassures Community That Vasil Hard Fork Testing Is Going Smoothly.
Cardano founder Charles Hoskinson assured the crypto community that progress toward the Vasil hard fork should proceed without a hitch, provided no further bugs are discovered. The post Cardano (ADA) Founder Reassures Community That Vasil Hard Fork Testing Is Going Smoothly appeared first on BeInCrypto. origin »
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Liquidations Cross $280 Million After Bitcoin Price Falls Below $25,000.
Bitcoin price had touched briefly above $25,000 in the past day, but the rejection at this point had sent the digital asset spiraling downward. It had inevitably ended in the high $23,000 before staging a recovery. origin »
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Binance Coin [BNB]: Will these signals lead the light to $400.
In July, the exchange token of the largest crypto exchange, Binance Coin [BNB], struggled. Despite reviving from its low levels in June, when it went as low as $192, BNB could not revert to its price The post Binance Coin [BNB]: Will these signals lead the light to $400 appeared first on AMBCrypto. origin »
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How Revolut Will Launch New Crypto Platform, Cyprus Grants Authorization.
Per a report from Atlfi, fintech company Revolut will be able to offer more crypto products to its customers. The one-stop app for “all things money” has been granted authorization to offer crypto products by the Cyprus’ Securities and Exchange Commission (CYSEC). origin »
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