5 Next Cryptocurrency to Explode – June 2022 Week 3
The cryptocurrency market continues to suffer as a result of rate-hike and Celsius-collapse fears. Its total cap cap is down to $909 billion, a loss of 9% in 24 hours.…
Coinbase NFT marketplace: How to buy NFTs on Coinbase?
Connect your crypto wallet to the Coinbase marketplace, and have ETH in your wallet to bid, buy and sell NFTs on Coinbase. Not only is the number of nonfungible token…
Bitcoin is the ‘Amazon of crypto’ and everything else are bets, says Blocktower founder
Paul highlighted that Bitcoin has “far better odds” than other cryptocurrencies because it doesn’t have a competitor as a product. Ari Paul, the founder of blockchain investment firm Blocktower Capital,…
Tether aims to decrease commercial paper backing of USDT to zero
Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it. The major stablecoin company Tether is looking to…
Bitcoin miners’ exchange flow reaches 7-month high as BTC price tanks below $21K
Bitcoin mining profitability has dropped by over 75% from the market top and is currently at its lowest since October 2020. Bitcoin’s (BTC) price tanked to a 52-week low of…
South Korean Government Calls for Voluntary Regulations From Crypto Industry
The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary regulatory measures, a Korean media report revealed. The call…
Hackers Are Cloning Web3 Wallets Like Metamask and Coinbase Wallet to Steal Crypto
Confiant, an advertising security agency, has found a cluster of malicious activity involving distributed wallet apps, allowing hackers to steal private seeds and acquire the funds of users via backdoored…
Report: Celsius Seeks Help From Restructuring Lawyers Over Financial Hardship
Following the rumors and speculation surrounding the crypto lending firm Celsius, a Wall Street Journal report, quoting “people familiar with the matter,” explains that the company is reportedly hiring restructuring…
XOXO Is Flipping the Script and Announcing a Genesis Collection Auction
PRESS RELEASE. Gather up your partner, family, and friends to come and be a part of the genesis XOXO NFT collection, known as the “XOXO Love stories”. 101 Exclusive non-perfect…
JPMorgan about to add Trillions of Dollars in Tokenized Assets to DeFi
Many consider decentralized finance to be a great boon within the crypto community and outside it. However, due to restrictions and lack of resources, the tokens have not reached a…
Do Kwon says that he didn’t cash out $2.7 billion from LUNA, UST
Ever since Terra crashed, the eyes of the crypto community and the authorities are set on Do Kwon. The Stanford dropout entrepreneur promised a lot when he introduced the Terra…
Legal battle avoided after YGG and Merit Circle DAO agree to a deal
The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement. A…
Brazilian proposal would make crypto payments legal and protect private keys
The proposed law won’t necessarily make crypto legal tender in the country, but it’ll at least be legally recognized financial asset for investments and other uses. A proposed addition to…
Su Zhu’s cryptic statement as rumors swirl of 3AC liquidations and insolvency
“We are in the process of communicating with relevant parties and fully committed to working this out” Su Zhu stated. Su Zhu, the co-founder of Singapore-based crypto venture capital firm…
What is MetaPay, and how does it work?
MetaPay, metaverse-based payment system, requires customers to have the MPay token to invest in the Metaxion universe. When people began communicating with one another over a wired communication system, the…