Brazil Might Approve Its Cryptocurrency Law This Week
This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros,…
Is it a good time to buy nonfungible tokens? Expert answers
Ahren Posthumus said that it’s indeed a good time to buy but cautioned investors to double-check projects before putting their money into them. As the floor prices of popular nonfungible…
Lido DAO: Ethereum’s biggest Merge staker just jumped 30% — will LDO rally into September?
LDO price is up roughly 30% over the past day, gaining approximately 500% since mid-June. Lido DAO (LDO) price edged higher on Aug. 3, primarily due to similar upside moves…
Borrowing to buy Bitcoin: Is it ever worth the risk?
Borrowing to buy crypto has often been advocated for by various influencers, but the consequences may be dire. The cryptocurrency space is expected to reach 1 billion users in 2030.…
Bitcoin miners now hold a record 1.856M BTC — new data
Miners go from sellers to hodlers again as the worst of June’s capitulation phase seems to pass. Bitcoin (BTC) miners now own more BTC than at any time in history…
Terra’s LUNA Crash Wiped Out $3 Billion From Hashed Portfolio: Bloomberg
Summary: Early LUNA investor Hashed lost $3 billion in the Terra collapse. The crypto venture capital company confirmed the news on Wednesday. CEO Simon Seojoon Kim told Bloomberg that the…
Inflation punishes the prudent while Bitcoin gives future hope — Jordan Peterson
Author and psychologist Jordan Peterson said that hyperinflation hurts those who are the pillars of society. The ability to save up is an essential tool for self-regulation and planning for…
Binance, KuCoin, OKX CEOs flex security amid Solana FUD storm
Parallel to the ongoing investigations of the Solana fiasco, CZ warned investors of “an active security incident on Solana” that drained funds in SOL and USDC off over 7000 wallets.…
New York financial regulator fines Robinhood’s crypto division $30M
“As its business grew, Robinhood Crypto failed to invest the proper resources and attention to develop and maintain a culture of compliance,” said superintendent Adrienne Harris. The New York Department…
Rock on, Gibraltar: Pro-crypto regulation pulls Binance and big players
Crypto experts on The Rock of Gibraltar shed light on the crypto-friendly jurisdiction; it could explain why Binance is now recruiting on the British Overseas Territory. Gibraltar’s 6.8-square-kilometer territory houses…
Bitcoin Price Prediction for Today July 31: BTC Price Is Range Bound as It Holds Above $22.5K
Bitcoin Fluctuates Between $22.5K and $24.7K as It Holds Above $22.5K – July 31, 2022 Following the recent decline, BTC/USD has reached bearish exhaustion as it holds above $22.5K. Nonetheless,…
Solana Token Drops As Millions Worth Of User Funds Compromised In The Latest Solana Wallet Hack
8000 Solana wallets compromised in a latest malicious hack. As a result of the hack, the token value of Solana SOL has dropped nearly 4% in the last 24 hours.…
South African Professor Accuses Central Bank Official of Spreading Misinformation That Damages Crypto Industry
A South African professor, Steven Boykey Sidley, has branded as “balderdash” claims by the South African central bank deputy governor that “90% of cryptocurrency transactions” are illicit. The professor also…
Socios.com Will Invest $100 Million in FC Barcelona Metaverse Push
Socios.com, a company dedicated to the development of fan engagement tokens for sports organizations, has revealed that it will invest $100 million in the digital business of soccer team FC…
Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors
Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto…