Battle Infinity (IBAT) Token: The Rising Star of the Metaverse
Blockchains have made it possible for a whole new generation to take advantage of great potential. The emergence of fantasy sports in the cryptocurrency market may be attributed to the…
‘This is on me’ — Robinhood CEO to lay off 23% of staff after Q2 loss
The online retail broker blamed the economy for a decline in user numbers and net revenue that fell 44% year-on-year, although revenue from crypto rose moderately this quarter. Online brokerage…
Gucci becomes first major brand to accept ApeCoin payments
Gucci has ramped up its Web3 initiatives by allowing crypto nerds to purchase its products with ApeCoin in its stores, adding to a list of 12 other digital assets it…
BTC wholecoiners up by 40K since June crash began
A sharp fall in the cryptocurrency’s price in May and June appears to have coincided with the increase in wallet addresses holding more than one Bitcoin. Smaller Bitcoin (BTC) investors…
Aave devs propose freezing Fantom integration, citing lack of traction and potential vulnerability
The Fantom market on Aave v3 adds just $30 each day to the DeFi protocol’s treasury; developers are also concerned that the integration creates security risks. On Tuesday, Marc Zeller,…
Michael Saylor will step down as MicroStrategy CEO but remain as executive chair
The soon-to-be former CEO said splitting the roles of MicroStrategy’s chief executive officer and chair would help the firm pursue its strategy of “acquiring and holding Bitcoin.” Bitcoin maximalist Michael…
Crypto miner Digihost plans to move rigs from New York to Alabama
The mining firm said it aims to have a hashing capacity of 28 MW at the Alabama facility by the fourth quarter, and 55 MW by the second quarter of…
Polkadot ‘cup and handle’ setup sees DOT price 50% higher by September
DOT could witness an increase in demand after Polkadot’s launch of an intercommunication blockchain tool. Polkadot (DOT) looks ready to extend its ongoing price recovery due to a classic bullish…
Zipmex gradually resuming Z Wallet withdrawals, says debt moratorium is not bankruptcy
The Asian cryptocurrency exchange was impacted by the Celsius and Babel Finance defaults but is working with investors to resolve the situation. Crypto exchange Zipmex, which operates in Thailand, Indonesia,…
Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments
On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with two different crypto assets. Bitpay revealed the company has integrated…
Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist
On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge…
Value Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater
During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching the $100 billion mark again, but it fell short this…
Yearn.Finance Rockets 70% amid Recovery in US Dollar
The cryptocurrency market has been volatile in recent weeks, with ups and downswings occurring regularly. Yearn.Finance rockets 70% despite these ups and downs in the market. Nonetheless, the market has…
FCA Introduces Stricter Crypto Guidelines to Prohibited Misleading Ads
The Financial Conduct Authority (FCA), the United Kingdom’s financial watchdog, is about to tighten its grip on misleading cryptocurrency ads. According to a news release, the new guidelines would see…
Poloniex unveils new trading system to aid user experience
Popular crypto exchange, Poloniex has announced the unveiling of its new trading system. The exchange announced the development through its official handle. As revealed, the new trading system will avail…