Bitcoin is now trading at roughly $21,485, down 8.2% on the day. With $201.3M, Bitcoin is the most liquidated asset, followed by Ethereum with $132.7M. Today, the leading cryptocurrency, Bitcoin (BTC), dropped to a new weekly low of $21,344, according to data from CMC, continuing a three-day trend of unfavorable
August 19, 2022 2 mins read
The organization has identified 16 service providers. Local exchanges’ offices were raided last month as part of an inquiry. More than a dozen cryptocurrency exchanges risk losing clients in South Korea as officials crack down on international companies they allege are operating illegally in the country. According to a news
August 19, 2022 2 mins read
The test is one of the last items on the agenda before the so-called “Merge.” Even if it’s not set in stone just yet, the 19th of September is the target date. Ethereum is on the verge of switching from its current energy-intensive proof-of-work paradigm to the more efficient proof-of-stake
August 16, 2022 3 mins read
A record-breaking 13.2 million ETH have been staked on Ethereum 2.0. The price of Ethereum Classic (ETC) achieved a four-month high of $42.29. The price of Ethereum (ETH) has been on an upward trend since early June, and it crossed the $2,000 threshold on Friday night, according to statistics from
August 15, 2022 1 min read
Korbit made an estimated 27 million won in commissions at the end of the term. As of May 30th, the refund fee amounted to almost $9.5 billion won by Upbit. The whole Terra ecosystem crashed in May, making it a very terrible month. Upbit, the leading virtual asset exchange in
August 11, 2022 2 mins read
RenBridge was used to launder at least $540 million from 2020 via chain hopping. These bridges have also been used by ransomware gangs, exploiters, and hackers. There have been several thefts of cross-chain bridges this year, but new information from blockchain analytics vendor Elliptic suggests that one of these bridges
August 11, 2022 1 min read
The project’s website, tornado.cash, has also been sanctioned. The Github account of Tornado creators has been terminated. Tornado Cash-related activity is being blocked by businesses. Tornado Cash-related cryptocurrency addresses were sanctioned by the U.S. Treasury Department earlier today, including 38 Ethereum accounts and six USDC addresses. The project’s website, tornado.cash,
August 9, 2022 2 mins read
“Shark Tank” star Mark Cuban recently appeared on the Altcoin Daily Podcast for an in-depth, one-hour discussion on cryptocurrencies. He compared decentralized application platforms Cardano and Dogecoin to see which one had the greatest promise and what the differences were. Cuban believes that the number of transactions on a blockchain
August 9, 2022 2 mins read
ETH’s price has risen by almost 70% in the previous month. A record high of $24,650 was reached for BTC on Saturday, the highest since June. After bouncing back from its most catastrophic loss in recent memory, the global crypto market fell by roughly 1.12% on Monday. Prices of Bitcoin
August 1, 2022 2 mins read
The floor price for the Meebits collection increased from 4.33 ETH to 5.01. Yuga didn’t explain how the money would be used. Yuga Labs has instituted a royalty on Meebits NFT sales as part of its business model. There will be a 5% royalty charge applied to all Meebits sales
July 31, 2022 1 min read
