Cape Town, South Africa, 8th May, 2021, Banter Bags is a unique project in the cryptocurrency world that aims to give back to its community. What initially started as a $10,000 community giveaway is now worth over $500.000. Ten eligible community members will be chosen randomly to receive their share of the spoils once the
SEC chairman Gary Gensler along with several other financial experts testified before the Financial Services Committee about the recent GameStop fiasco that led to the involvement of Congress in February this year. Gensler talked about the need for better regulations to counter social-media-fueled trading activity and ensure consider protection. The SEC chief in his testimony
The world’s second-largest cryptocurrency continues its massive journey adding another 7% gains today. A few moments back, Ethereum (ETH) hit its new all-time high of $3800 with its market cap going to $440 billion. With this, ETH has extended its market dominance to more than 18% while pushing Bitcoin (BTC) dominance under 45%. The Ethereum
Larva Labs, a popular NFT developer was at the receiving end of an exploit that could have cost it nearly $700,000. An attacker managed to mint a rare NFT from the Meetbit collection estimated to be worth $700,000 and offered to sell it for 300 ETH on OpenSea. Interestingly, the exploiter even continued to offer
ValueDefi, a Binance Smart Chain based Defi protocol has become the latest protocol on BSC to face exploit as scammers managed to exploit its automated market maker (AMM) known as vSwap to steal $11 million worth of crypto assets from non 50/50 pools. This is the second exploit on the ValueDefi within a week as
Despite being one of the youngest cryptocurrency exchanges available, FixedFloat has already established itself as a market beater, gaining massive attention and popularity from the crypto community. The platform’s cheap fees, simplified and intuitive interface, and instant transactions have seen the platform rise as one of the talents starring in the crypto universe. Below we
Dogecoin today set another new ATH of $0.736 rising over 20% to regain most of the losses from the past week. The meme currency has defied all odds to register new ATHs and even make it to the top-5 cryptocurrency list by market cap and if the current price momentume continues it would overtake Binance
The Polars.io protocol is currently undergoing its Beta testing in which the members of its growing community are lending a hand in the development of the protocol ahead of the mainnet launch. Per an earlier report by Coingape, Polars is a prediction tool, which is infused with a host of decentralized finance (DeFi) centric features.
The world’s second-largest cryptocurrency Ethereum (ETH) is holding up confidently above $3500 and is eyeing a new all-time high above $3600. At press time, ETH is trading 4% up at $3553 with a market cap of $409 billion. The recent ETH price surge comes as, on Friday, May 7, asset manager VanEck filed for the
Bitcoin (BTC) has once again given a 4% pullback surging past $58,000 and looking forward to breaking past its crucial resistance of $59,000. At press time, BTC is trading 4.12% up at $58,120 with a market cap of $1.086 trillion. While Bitcoin has been trading flat over the last month and consolidating around $55,000, the
Tortola, BVI, 7th May, 2021, Chainwire Social farming platform Don-key has announced its Initial Dex Offering (IDO) on SuperStarter launchpad. The IDO will occur on May 11, giving community members an opportunity to acquire DON tokens and claim a stake in the yield farming platform that Don-key is building. The public sale on the launchpad
New York Attorney General Letitia James in a Thursday court filing has requested to immediately halt all operations of the mobile cryptocurrency app Coinseed for fraudulent activities. Earlier in February NYAG James has filed a civil lawsuit against Coinseed Inc. and two of its top executives including founder and Chief Executive Officer Delgerdalai Davaasambuu. According
Tortola, BVI, 7th May, 2021, The Dapp List, focused on rooting out fraudulent projects, has completed a $1.77 million funding round led by notable investors and angels in the cryptocurrency space. Venture and investment funds that joined include CMS Holdings, YBB foundation, LD Capital, Bitscale Capital, BR Capital, GenBlock, SL2 Capital, and Double Peak. An
Gary Gensler, the newly appointed chief of the US Security and Exchange Commission recently appeared on CNBC to talk about various aspects of his regulatory policies in the coming time including cryptocurrencies. During the interview, Gensler said that the current crypto market requires a regulatory overhaul especially considering a majority of the cryptocurrencies qualify as
Goldman Sachs, the global investment banking giant has revealed the formation of a new crypto dedicated team in their latest employee memo. The crypto team exists within the firm’s global currencies and emerging markets trading division. The employee memo issued on Thursday marks the first official acknowledgment of the giant about their dedicated crypto-focused division.
Gary Gensler, the new SEC chief in a recent interview with CNBC talked about the need of updating regulations to counter the growing trend of social media manipulation of financial markets. The social media frenzy started this year with the GameStop short squeeze where a Reddit group by the name of wallstreetbets, that led to
Looking at Bitcoin’s indomitable rise, traditional banking institutions have been compelled to offer Bitcoin services to their clients. America’s two banking giant’s Goldman Sachs and Citi Group have announced offering Bitcoin derivative products and custodial solutions to its users. As Bloomberg announced, Goldman Sachs is all set to offer Bitcoin derivatives to Wall Street investors.
TimeCoinProtocol & TimeCoin(TMCN), the best DeFi and NFT project with esports, VTuber, sharing economy, and gig economy. TimeCoinProtocol is a blockchain project operated by TimeTicket GmbH, a company based in Switzerland and fully owned by TimeTicket Inc. Japan. The project issued its crypto currency called TimeCoin (TMCN) which is traded at more than 250 USD
Dogecoin recently achieved the wish of April’s failed “Doge day” as users and speculators pumped the price to $0.7. The primary mission was to pull DOGE above $1. However, it appears that profit-taking took precedence, adding weight to the overhead pressure. A retreat came into the picture with Dogecoin diving under $0.6. Support seems to
Bitcoin shot up from support established at $53,000. The approached to $60,000 was gradual but steady. Bulls took down several resistance levels, including the 100 Simple Moving Average (SMA), the 50 SMA, and the 200 SMA. However, an immense seller congestion zone at $58,000 became a hard nut to crack. According to data by CoinGecko,