Month: April 2022
Vitalik-Buterin-3-1170x878
Altcoin News
Vitalik-Buterin-3-1170x878
Altcoin News

Following The Recent Crypto-Twitter Saga, Vitalik Buterin Gives Two Cent

Elon Musk’s purchase of Twitter has continued to draw reactions from crypto market participants. Vitalik Buterin, the founder of the Ethereum blockchain, has shared his thoughts on the consequence of the acquisition.  Twitter’s changing ownership could affect morale says Buterin In a tweet, Buterin opined that the largest outcome of Elon Musk’s ownership of Twitter

Elon Musk’s purchase of Twitter has continued to draw reactions from crypto market participants. Vitalik Buterin, the founder of the Ethereum blockchain, has shared his thoughts on the consequence of the acquisition.  Twitter’s changing ownership could affect morale says Buterin In a tweet, Buterin opined that the largest outcome of Elon Musk’s ownership of Twitter

Fender Partners Meta To Launch Music Metaverse "Stratoverse"
Altcoin News
Fender Partners Meta To Launch Music Metaverse "Stratoverse"
Altcoin News

Whales Add Metaverse Tokens Amid Crypto Market Crash, Here’s Why

The Metaverse industry is the next big thing in the development of the Web3. While the market is still evolving many key players and known Cryptocurrency projects are getting in line to be a part of this industry. Recently, a famous meme crypto Shiba Inu (SHIB) launched its metaverse. Now, Bored APE NFT creator  Yuga

The Metaverse industry is the next big thing in the development of the Web3. While the market is still evolving many key players and known Cryptocurrency projects are getting in line to be a part of this industry. Recently, a famous meme crypto Shiba Inu (SHIB) launched its metaverse. Now, Bored APE NFT creator  Yuga

Bitcoin bottom
News
Bitcoin bottom
News

Bitcoin Sank 18% In April, While These New Tokens Beat The Market

Cryptocurrency markets saw a sharp consolidation in April, with several major tokens tumbling from 2022 highs. Total crypto market capitalization sank by nearly $400 billion. A bulk of this consolidation can be blamed on jitters over rising inflation, slowing economic growth and and end to the last two years of low interest rates. Heavy losses

Cryptocurrency markets saw a sharp consolidation in April, with several major tokens tumbling from 2022 highs. Total crypto market capitalization sank by nearly $400 billion. A bulk of this consolidation can be blamed on jitters over rising inflation, slowing economic growth and and end to the last two years of low interest rates. Heavy losses

Fei not the first DeFi hack this week
DeFi News
Fei not the first DeFi hack this week
DeFi News

Breaking: Fei Protocol Exploited For $80 Mln, Funds Moved Into Tornado Cash

Ethereum-based DeFi exchange Fei Protocol lost about $80 million worth of tokens in an exploit on Saturday, on-chain data showed. The protocol offered the hacker a $10 million bounty to return the stolen funds. In a series of transactions, the attacker appeared to have moved  about $80 million of Wrapped Ethereum from the protocol, and

Ethereum-based DeFi exchange Fei Protocol lost about $80 million worth of tokens in an exploit on Saturday, on-chain data showed. The protocol offered the hacker a $10 million bounty to return the stolen funds. In a series of transactions, the attacker appeared to have moved  about $80 million of Wrapped Ethereum from the protocol, and

Cashio-Hack
News
Cashio-Hack
News

Etherum-Based Saddle Finance Loses $10 Mln In Flash Loan Attack

Ethereum-based DeFi protocol Saddle Finance lost about $10 million in a flash loan attack on Saturday, data from blockchain security firm Peck Shield showed. Decentralized Finance (DeFi) popularity and flash loans attack on it are directly proportional to each other. As DeFi platforms have gained traction in the past few years, the hacks around it

Ethereum-based DeFi protocol Saddle Finance lost about $10 million in a flash loan attack on Saturday, data from blockchain security firm Peck Shield showed. Decentralized Finance (DeFi) popularity and flash loans attack on it are directly proportional to each other. As DeFi platforms have gained traction in the past few years, the hacks around it

Garlinghouse no fan of the SEC
News
Garlinghouse no fan of the SEC
News

Just-In: Ripple CEO Garlinghouse Lauds Bipartisan Support For U.S. Crypto Bill

Ripple CEO Brad Garlinghouse on Saturday commended efforts from both Democrat and Republican Politicians to pass comprehensive crypto regulation in the United States. Garlinghouse’s comments were aimed at a recent bipartisan push to bring crypto regulation under the purview of the U.S. Commodity Futures Trading Commission (CFTC), as opposed to the Securities and Exchange Commission

Ripple CEO Brad Garlinghouse on Saturday commended efforts from both Democrat and Republican Politicians to pass comprehensive crypto regulation in the United States. Garlinghouse’s comments were aimed at a recent bipartisan push to bring crypto regulation under the purview of the U.S. Commodity Futures Trading Commission (CFTC), as opposed to the Securities and Exchange Commission

SEC RIPPLE
News
SEC RIPPLE
News

Ripple Vs SEC: Hinman Memos Meet New Hurdle Before Release

In another possible delay the Securities and Exchange Commission’s case against Ripple, the regulator has launched a fresh attempt to protect documents tied to the now infamous speech by former director Bill Hinman. The motion marks yet another attempt by the regulator to block the release of the memos, which could be key evidence for

In another possible delay the Securities and Exchange Commission’s case against Ripple, the regulator has launched a fresh attempt to protect documents tied to the now infamous speech by former director Bill Hinman. The motion marks yet another attempt by the regulator to block the release of the memos, which could be key evidence for

polkadot bullish waves
Bitcoin News
polkadot bullish waves
Bitcoin News

Wall Street Traders And Institutions At War With Each Other Over Bitcoin (BTC), Who Will Win?

The world’s largest cryptocurrency Bitcoin (BTC) continues to face the heat of the sell-off in the U.S. equity market. With Dow Jones (INDEXDJX: .DJI) crashing more than 2.7% on Friday, the Bitcoin (BTC) price is trading 2% down at $38,639 levels with a market cap of $734 billion. Investors are skeptical that if the sell-off

The world’s largest cryptocurrency Bitcoin (BTC) continues to face the heat of the sell-off in the U.S. equity market. With Dow Jones (INDEXDJX: .DJI) crashing more than 2.7% on Friday, the Bitcoin (BTC) price is trading 2% down at $38,639 levels with a market cap of $734 billion. Investors are skeptical that if the sell-off

bnb-token
Altcoin News
bnb-token
Altcoin News

Here’s Why Binance Coin (BNB) Is Poised For A Short-Term Rally

Binance Coin (BNB) traders are showing signs of confidence amid a weak crypto market. BNB price has found support at lower levels around $390 as Binance continues to expand its presence globally in the crypto market. In the last 24 hours, BNB saw its highest number of whale transactions since early March. Binance Coin (BNB)

Binance Coin (BNB) traders are showing signs of confidence amid a weak crypto market. BNB price has found support at lower levels around $390 as Binance continues to expand its presence globally in the crypto market. In the last 24 hours, BNB saw its highest number of whale transactions since early March. Binance Coin (BNB)

Fantom hit with string of hacks in 2022
Altcoin News
Fantom hit with string of hacks in 2022
Altcoin News

Fantom Token (FTM) Crashes To 8-Mth Low, More Losses In Store?

Fantom (FTM), the native token on the eponymous blockchain, sank to an eight-month low on Saturday as traders appeared to be dumping the token in a flurry of sell indicators. Overnight liquidations of the token also surged to their highest level this year. FTM dropped nearly 13% in the past 24 hours, and is trading

Fantom (FTM), the native token on the eponymous blockchain, sank to an eight-month low on Saturday as traders appeared to be dumping the token in a flurry of sell indicators. Overnight liquidations of the token also surged to their highest level this year. FTM dropped nearly 13% in the past 24 hours, and is trading

Fidelity Expands Crypto Offerings, Plans Hiring Crypto Talents
Uncategorized
Fidelity Expands Crypto Offerings, Plans Hiring Crypto Talents
Uncategorized

U.S. Labour Division Pokes At Fidelity’s Move To Include Bitcoin To 401(k) List

Fidelity recently revealed plans to become the first major retirement-savings provider to add Bitcoin to their 401(k) plans. The US Department of Labor (DOL) is however not enamored with the plan.  DOL expresses grave concerns about Fidelity’s plan The Wall Street Journal (WSJ) reports that the body which oversees employer retirement savings plans has said

Fidelity recently revealed plans to become the first major retirement-savings provider to add Bitcoin to their 401(k) plans. The US Department of Labor (DOL) is however not enamored with the plan.  DOL expresses grave concerns about Fidelity’s plan The Wall Street Journal (WSJ) reports that the body which oversees employer retirement savings plans has said

ApeCoin Community Votes In Favor Of APE Staking and Forum Restructuring
Altcoin News
ApeCoin Community Votes In Favor Of APE Staking and Forum Restructuring
Altcoin News

Just-In: Binance Suspends ApeCoin Lending As Demand Skyrockets

Binance, the world’s largest crypto exchange, has temporarily suspended lending of ApeCoin (APE) as its current supply of the token is unable to meet a surge in demand. According to crypto reporter Wu Blockchain, the APE lending page is showing a notice that due to excessive demand the remaining amount for APE token lending is

Binance, the world’s largest crypto exchange, has temporarily suspended lending of ApeCoin (APE) as its current supply of the token is unable to meet a surge in demand. According to crypto reporter Wu Blockchain, the APE lending page is showing a notice that due to excessive demand the remaining amount for APE token lending is

Germany Removes 10-Year Limit For Tax-Free Crypto Staking And Lending
News
Germany Removes 10-Year Limit For Tax-Free Crypto Staking And Lending
News

Just-In: Germany Gets Friendlier For Crypto, Eases Staking And Lending Laws

Germany has taken another step towards becoming a crypto-friendly country. The German Parliament in a roundtable on crypto taxation has decided to not extend the time period to 10-year for tax-free selling of crypto gains from staking and lending. Thus, Germans can now sell their crypto assets tax-free after 1 year of staking and lending.

Germany has taken another step towards becoming a crypto-friendly country. The German Parliament in a roundtable on crypto taxation has decided to not extend the time period to 10-year for tax-free selling of crypto gains from staking and lending. Thus, Germans can now sell their crypto assets tax-free after 1 year of staking and lending.

Pro-Crypto Senator Backs Local ETFs In Australia
News
Pro-Crypto Senator Backs Local ETFs In Australia
News

Just-In: Samsung Plans To List “Real” Crypto ETF In Hong Kong

The asset management arm of South Korean conglomerate Samsung is reportedly planning to list its first crypto exchange traded fund (ETF) in Hong Kong by as soon as June. The Blockchain Exchange-traded fund (ETF) listing has seen a drastic spike since the beginning of 2022. Many industrial giants have already applied or planning to jump

The asset management arm of South Korean conglomerate Samsung is reportedly planning to list its first crypto exchange traded fund (ETF) in Hong Kong by as soon as June. The Blockchain Exchange-traded fund (ETF) listing has seen a drastic spike since the beginning of 2022. Many industrial giants have already applied or planning to jump

Bitcoin cover picture
Bitcoin News
Bitcoin cover picture
Bitcoin News

Swiss National Bank Says It Has No Plans to Add Bitcoin As A Reserve Currency

Despite the growing macroeconomic uncertainty, Bitcoin (BTC) still doesn’t have enough acceptance as the world’s reserve currency. The Swiss National Bank (SNB) has denied any plans of buying and holding BTC as the reserve currency. During the central bank’s annual general meeting on Friday, April 29, Chairman Thomas Jordan said that they don’t have any

Despite the growing macroeconomic uncertainty, Bitcoin (BTC) still doesn’t have enough acceptance as the world’s reserve currency. The Swiss National Bank (SNB) has denied any plans of buying and holding BTC as the reserve currency. During the central bank’s annual general meeting on Friday, April 29, Chairman Thomas Jordan said that they don’t have any

Robinhood leans heavily into crypto
News
Robinhood leans heavily into crypto
News

Just-In: Robinhood’s Crypto Revenue Slumps 39%, Cautious Traders To Blame?

Trading app Robinhood said on Thursday revenue from its crypto trading unit slumped 39% in the first quarter, as volatile markets kept traders at bay. Revenue from the app’s crypto division came in at $54 for the three months to March 31, it said in a press release. The firm’s overall revenue also dropped 43%

Trading app Robinhood said on Thursday revenue from its crypto trading unit slumped 39% in the first quarter, as volatile markets kept traders at bay. Revenue from the app’s crypto division came in at $54 for the three months to March 31, it said in a press release. The firm’s overall revenue also dropped 43%

NEXO Price Skyrockets 15% On Binance Listing Amid Mixed Market
News
NEXO Price Skyrockets 15% On Binance Listing Amid Mixed Market
News

NEXO Token Price Skyrockets 17% On Binance Listing

NEXO price has skyrocketed 17% in the last 24 hours, with the current price trading at $2.49. After the largest crypto exchange Binance announced the listing of NEXO, the native token of the Nexo crypto lending platform, the price has jumped nearly 15% in an hour on Friday. The trading will commence for NEXO/BTC, NEXO/BUSD,

NEXO price has skyrocketed 17% in the last 24 hours, with the current price trading at $2.49. After the largest crypto exchange Binance announced the listing of NEXO, the native token of the Nexo crypto lending platform, the price has jumped nearly 15% in an hour on Friday. The trading will commence for NEXO/BTC, NEXO/BUSD,

Altcoin News
Altcoin News

Ripple Vs SEC Ending Sooner Than Expected? Judge Prepones Schedule

The Controversial U.S. Securities and Exchange Commission (SEC) vs Ripple lawsuit may be over soon than expected. Judge Analisa Torres reviewed the Summary judgment letter filed by both parties on April 22, 2022. The judge has chosen to modify the motion to shorten the timeline of the procedure. This move has come amid the delay

The Controversial U.S. Securities and Exchange Commission (SEC) vs Ripple lawsuit may be over soon than expected. Judge Analisa Torres reviewed the Summary judgment letter filed by both parties on April 22, 2022. The judge has chosen to modify the motion to shorten the timeline of the procedure. This move has come amid the delay

Kulechov's ban lasted barely 15 hours
DeFi News
Kulechov's ban lasted barely 15 hours
DeFi News

Just-In: AAVE Boss Kulechov’s Twitter Access Restored After Online Outcry

Twitter withdrew its suspension of AAVE head Stani Kulechov on Friday, after his brief removal from the platform was widely criticized. Kulechov’s account was indefinitely suspended this week after the founder joked over joining the company as interim CEO, in light of Tesla boss Elon Musk’s recent acquisition of the platform. Responses to the tweet

Twitter withdrew its suspension of AAVE head Stani Kulechov on Friday, after his brief removal from the platform was widely criticized. Kulechov’s account was indefinitely suspended this week after the founder joked over joining the company as interim CEO, in light of Tesla boss Elon Musk’s recent acquisition of the platform. Responses to the tweet

ApeCoin Community Votes In Favor Of Keeping APE On Ethereum
News
ApeCoin Community Votes In Favor Of Keeping APE On Ethereum
News

Just-In: Yuga Labs Cancels Otherside Auction, ApeCoin Rallies Past $26

Yuga Labs’ Otherside metaverse project has canceled the Dutch auction for Otherdeed NFTs. Now, the NFTs will be sold at a fixed price of 305 ApeCoins (APE) with a total of 55,000 Otherdeed NFTs available for KYC users to buy. Previously, Yuga Labs planned to conduct a Dutch auction for land sale in the Otherside

Yuga Labs’ Otherside metaverse project has canceled the Dutch auction for Otherdeed NFTs. Now, the NFTs will be sold at a fixed price of 305 ApeCoins (APE) with a total of 55,000 Otherdeed NFTs available for KYC users to buy. Previously, Yuga Labs planned to conduct a Dutch auction for land sale in the Otherside