Aave devs propose freezing Fantom integration, citing lack of traction and potential vulnerability
On Tuesday, Marc Zeller, integration lead at decentralized finance (DeFi) borrowing and lending protocol Aave, proposed to freeze the platform's v3 Fantom market. Created in 2018, Fantom is a directed acrylic graph smart contract platform that...
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Hirst’s first NFT collection presses buyers: physical or NFT?
Renowned British artist Damien Hirst is releasing his first NFT collection of ten thousand items. The project is called The Currency and each artwork has an NFT as its counterpart: a digital image with certificate of ownership on the...
Bitcoin price clips $23K on Pelosi Taiwan visit as trading range persists
Bitcoin (BTC) saw volatility after the Aug. 2 Wall Street open amid ongoing market reactions to tensions between the United States and China.BTC price U-turns as Pelosi lands in TaipeiData from Cointelegraph Markets Pro and TradingView showed...
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Buy the dip: Chipotle is accepting crypto
Buy the dip or the often-used acronym BTFD encourages investors to buy an asset while the price slumps down. The expectation is of course that the price is going to recover in a short time. Therefore, a dip is...
New York financial regulator fines Robinhood’s crypto division $30M
The New York Department of Financial Services, or NYDFS, has announced a $30 million penalty on Robinhood’s cryptocurrency arm for alleged violations related to anti-money laundering, cybersecurity and consumer protection laws.In a Tuesday...
Lees het volledige bericht New York financial...
Ledger reportedly seeking additional $100 million in funding
Having raised a mammoth $380 million funding at a $1.5 billion valuation in June, French cryptocurrency hardware wallet maker Ledger is looking to raise an extra $100 million, according to a Monday report from Bloomberg.In June, Ledger raised...
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Metaverse market share to surpass $50 billion by 2026, says new report
A new report by technology research and advisory firm Technavio reveals an upward trend for the Metaverse within the next four years. The report titled “Metaverse Market in Finance by Component and Geography - Forecast and Analysis...
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ETH staking post merge as a benchmark for the crypto market
Previously we wrote that Ethereum could become the 'bond of the internet'. Now that the Ethereum merge is coming (September 19 is mentioned as the date) it is time to look at the implications of this. What will the...
Ether creates history as key metric in ETH options exceeds Bitcoin by 32%
Ether (ETH) has taken over Bitcoin (BTC) in the options market for the first time in history as the open interest (OI) of Deribit Ether options, with a value of $5.6 billion, exceeded the OI of Bitcoin options worth...
Upcoming Muse NFT album becomes first new format added to charts in years
The upcoming Muse NFT album will be the latest chart-eligible album format since 2015. Prior to this album concept, the last format to be accepted by international charts was album streams. Nonfungible token (NFT) albums are now eligible for...
European Central Bank bets on CBDCs over BTC for cross-border payments
A recent study conducted by the European Central Bank (ECB) on identifying the ultimate cross-border payment medium crowned central bank digital currencies (CBDCs) as the winner against competitors, including banking, Bitcoin (BTC) and...
Lees het volledige bericht European Central Bank bets...
Tether supply starts to increase after three-month decline
The world’s largest stablecoin, Tether (USDT), has expanded its circulating supply following almost three months of reductions, in what could be a sign the crypto markets are slowly recovering. The first mint in almost three months occurred on...
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Bitcoin network activity decline suggests longer bear market: Glassnode
With several on-chain metrics for Bitcoin (BTC) still in a bearish range, a continuation of the recent price recovery will require increased demand and fees spent over the network, says Glassnode. The assessment of mediocre market growth over...
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ETH may consolidate as Merge excitement wears off, says expert
After a surge in Ethereum (ETH) prices last week, the cryptocurrency may now be treading in a consolidation phase, says asset management firm IDEG’s chief investment officer. In a report shared with Cointelegraph on Monday, the author of the...
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Dr Disrespect unveils NFT game to mixed reaction, FC Barcelona’s first NFT sells for $700K and more…
Gaming YouTube streamer "Dr Disrespect" unveiled the first sneak peek of his upcoming NFT shooter game dubbed Deadrop on July 30. The initial reaction has been mixed, however, with some underwhelmed by the game’s lack of polish given that Dr...
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Crypto lender Vauld granted three-month protection from creditors
Embattled crypto lending platform Vauld has been granted a short period of reprieve from creditors after being given a three-month moratorium by the Singapore High Court on Monday. Its initial request by Vauld's parent company Defi Payment...
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SEC charges 11 individuals over $300M crypto ‘pyramid scheme’
The Securities and Exchange Commission (SEC) has charged 11 individuals for their alleged role in the creation of a "fraudulent crypto pyramid scheme" platform Forsage. The charges were laid in a United States District Court in Illinois on...
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Ethereum futures backwardation hints at 30% ‘airdrop rally’ ahead of the Merge
Ether (ETH) bulls like a positive spread between its spot and ETH futures prices because the so-called contango reflects optimism about a higher rate in the future. But as of Aug. 1, the Ethereum futures curve slid in the opposite...
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Nomad token bridge drained of $190M in funds in security exploit
The Nomad token bridge appears to have experienced a security exploit that has allowed hackers to systematically drain the bridge’s funds over a long series of transactions.Nearly the entire $190.7 million in crypto has been removed from the...
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BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
After strong monthly gains in July, Bitcoin (BTC) and the altcoins have started the new month on a tentative note. Even the United States equities markets have started August on a soft note. Is the bottom in?BofA Securities head of...