Wed, September 30

Search Results for: Cryptocurrency

Inverse Finance Yet Again Exploited of $1.2 Million by Hackers

Flash loans are a sort of crypto loan often obtained and reimbursed in a single transaction. The attackers could convert 99,976 USDT and 53.2 wBTC into ETH. For the second time in two months, Inverse Finance has been the victim of a pricing oracle manipulation scam that resulted in the

June 17, 2022 2 mins read

Crypto Lending Platform Babel Finance Halts Withdrawals Following Celsius

Babel Finance had a loan balance of over $3 billion by the end of 2021. It had a monthly derivatives trading volume of $800 million. Another cryptocurrency lending service, Babel Finance, based in Hong Kong, has been hit hard by the recent market drop. Babel Finance, citing “unusual liquidity pressures,”

June 17, 2022 2 mins read

Elon Musk Backs Integrating Digital Payments Into Twitter Platform

Users now have access to an NFT display picture function. Elon Musk wants to acquire Twitter and implement free expression on the network. Elon Musk, CEO of Tesla and SpaceX, said during a virtual town hall meeting that integrating digital payments on Twitter to move money back and forth makes

June 17, 2022 1 min read

Premium Watch Brand Tag Heuer Launches Smartwatch With NFT Display

The corporation began accepting crypto payments on the US website recently. Apple’s App Store and Google’s Play Store are expected to provide a free update. Users of premium watch brand Tag Heuer may now showcase their NFT collection through a new smartwatch function characteristic of such devices. Tag Heuer has

June 17, 2022 2 mins read

Crypto Market Lost $1.1 Trillion in 77 Days

Crypto market lost more than 2 trillion from its all-time high of 3 trillion. Bitcoin fell to an 18 months low of $20,842. The Cryptocurrency market fell below $1 trillion and lost more than 70% of its value for the first time since last November. Now the crypto market holds

June 17, 2022 2 mins read

BitMEX Co-founder Benjamin Delo Sentenced to 2.5 Years’ Probation Term

Delo will spend his probation in Hong Kong before returning to his wife. Prosecutors allege that the three failed KYC processes for their U.S. client base. According to the Wall Street Journal, an anti-money laundering banking secrecy act violation by BitMEX exchange co-founder Benjamin Delo has resulted in a 30-month

June 16, 2022 2 mins read

Three Arrows Capital (3AC) Facing Insolvency as per Recent Reports

According to reports, the 3AC “liquidation” reached at least $400 million. According to Dune Analytics, 3AC’s portfolio allocation is $372.47 million. Digital currency hedge firm Three Arrows Capital (3AC) may face insolvency, according to sources who spoke to The Block writer Frank Chaparro. According to reports, the 3AC “liquidation” reached

June 16, 2022 1 min read

Bitcoin (BTC) Perpetual Contract Price Analysis: June 17

On June 17, the bullish BTC price analysis is at  $23200. BTC’s bearish market price analysis for June 17, 2022, is $18735. Bitcoin’s MA shows a downward trend. In Bitcoin Perpetual Future (BTC) price analysis on June 17, 2022, we use price patterns, and the Moving Average of BTC to

June 16, 2022 3 mins read

Polkadot (DOT) Price Analysis: June 17

On June 17, the bullish DOT price analysis is at $8.76. DOT’s bearish market price analysis for June 17, 2022, is $6.35. Polkadot’s 50MA shows an upward trend. In Polkadot (DOT) price analysis on June 17, 2022, we use price patterns, and Moving Average about DOT to analyze the future

June 16, 2022 2 mins read

Firm Behind USDC Stablecoin ‘Circle’ Announces Launch of EUROC Stablecoin

The Euro Coin, or EUROC, will be accessible for trade on June 30. The euro-pegged stablecoins first custodian is Silvergate Bank. Circle Internet Financial (Circle), the company behind USD Coin (USDC), has announced the debut of a fully-reserved stablecoin linked to the euro, an indication to the market that despite

June 16, 2022 1 min read