Cryptocurrency news

• New backdoor cloning campaign sneaks into mobile wallets, steals cryptocurrency - SC Media

  14-06-2022 23:55 via scmagazine.com
  
  New backdoor cloning campaign sneaks into mobile wallets, steals cryptocurrency  SC Media
  
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• Experts Answer 'What Is Crypto?' and More Top Googled Cryptocurrency Questions - GOBankingRates

  14-06-2022 23:45 via gobankingrates.com
  
  Experts Answer 'What Is Crypto?' and More Top Googled Cryptocurrency Questions  GOBankingRates
  
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• ICI Bucharest to use Elrond blockchain to develop DNS and NFT marketplace

  14-06-2022 23:20 via cointelegraph.com
  
  The two entities seek to enhance the integration of innovative Web 3.0 technologies in everyday use.
  
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• ICI Bucharest to use Elrond blockchain to develop decentralized domains and an institutional NFT marketplace

  14-06-2022 23:20 via cointelegraph.com
  
  The two entities seek to enhance the integration of innovative Web 3.0 technologies in everyday use.
  
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• Binance CEO plans to leverage crypto winter

  14-06-2022 23:10 via cointelegraph.com
  
  The boss of the world's largest crypto exchange said we've been through this before as a community.
  
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• OpenSea announces migration to Seaport protocol

  14-06-2022 23:00 via cointelegraph.com
  
  The firm estimated that users can save 35% on gas fees with newly optimized transaction efficiency.
  
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• Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offering

  14-06-2022 22:45 via cointelegraph.com
  
  The IID ordered BlockFi to pay an administrative fine as well as cease and desist “from making any untrue statement of material facts regarding securities.”
  
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• Here’s What Would Happen If Bitcoin Breaks Below $20K, Arthur Hayes Predicts

  14-06-2022 22:42 via newsbtc.com
  
  The crypto market pushes further down and seems poised for more losses as Bitcoin touches the low of its current levels. The number one crypto by market cap approaches a major support level, and if bulls failed to protect it, BTC’s price could return to its 2020 range.
  Related Reading | By The Numbers: Bitcoin Suffers Largest Single Day Drop Since March 2020
  At the time of writing, Bitcoin (BTC) trades at $21,800 with a 5% and 29% loss in the last 24-hours and 7-days, respectively. BT
  
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• Celsius (CEL) price gains 600%+, but analysts cite exchange error and a massive short squeeze

  14-06-2022 22:15 via cointelegraph.com
  
  CEL price abruptly rallied 600%+ on June 14, but analysts say it’s likely due to an exchange glitch or a liquidation of short traders.
  
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• NFT ticketing may catch on faster in France after UEFA championship debacle

  14-06-2022 22:04 via cointelegraph.com
  
  French authorities take note after fake tickets and gatecrashers spoiled the UEFA Champions League final experience for many soccer fans in Paris last month.
  
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• Florida Ponzi Scheme Representative of Disruption in Cryptocurrency Industry, Class Action Attorney Says | Daily Business Review - Law.com

  14-06-2022 21:08 via law.com
  
  Florida Ponzi Scheme Representative of Disruption in Cryptocurrency Industry, Class Action Attorney Says | Daily Business Review  Law.com
  
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• Has Bitcoin Hit Bottom Yet? Here’s What On-Chain Data Says

  14-06-2022 21:00 via newsbtc.com
  
  Bitcoin continued to crash down yesterday, with the coin hitting as low as $21k before rebounding to current values. Has the crypto made the bottom yet?
  Bitcoin NUPL Indicator Assumes Negative Values For First Time Since 2020
  As pointed out by an analyst in a CryptoQuant post, the NUPL metric has declined below zero, which could be a sign that the crypto may be approaching a bottom.
  The Bitcoin “net unrealized profit and loss” (NUPL) is an indicator that’s defined as the differ
  
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• Chain.com tokens lose 96% of value in 24 hours due to flash crash before recovery

  14-06-2022 20:45 via cointelegraph.com
  
  Prices quickly recovered after developers determined that a technical API issue, not a security breach, catalyzed the heavy sell-off.
  
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• VENT Finance Expands Crowdfunding Access With WingRiders General Pool Sale

  14-06-2022 20:30 via newsbtc.com
  
  WingRiders’ native $WRT token is up for grabs in what will be the first General Pool Sale on the VENT Finance launchpad.
  The GPS sale is designed to reduce the barrier to entry and encourage more investors to participate in the WingRiders project, which is looking to establish itself as a top decentralized exchange on the Cardano blockchain.
  WingRiders is an automated market maker-based DEX on Cardano that utilizes a unique extended unspent transaction model that’s said to provide a
  
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• Chingari Revamps The Creator Economy With Unique Engage-To-Earn Concept

  14-06-2022 20:30 via newsbtc.com
  
  The biggest champion of cryptocurrency in social media, Chingari, is now offering an income stream to millions of creators and users of its short video sharing app.
  India’s TikTok clone has just announced that its GARI Mining program is now live, meaning creators and users of the platform have a way to earn cryptocurrency from doing what they love – creating funny videos, watching them and sharing their favorites with other users.
  Under the program, Chingari users will be able to obt
  
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• EU commissioner reiterates need for 'regulating all crypto-assets'

  14-06-2022 20:00 via cointelegraph.com
  
  Mairead McGuinness said that she planned to discuss a compromise through the MiCA proposal currently under review in the EU.
  
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• Blue Chip NFTs 101 – Let’s Travel To Space With The Doodles Collection

  14-06-2022 19:59 via newsbtc.com
  
  Veterans of the NFT big leagues, the Doodles let the CryptoPunks and Bored Apes take the spotlight and have been constantly working behind the scenes. Even though they’re not a worldwide brand like the other two, everybody’s seen the Doodles. They just don’t remember when or where they saw those little drawings. Don’t let that fool you, though. The collection’s total sales are  $496M, according to CryptoSlam. So far. 
  The generative collection consists of
  
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• Vietnam Blockchain Association ushers a new era in Blockchain Technology

  14-06-2022 19:30 via newsbtc.com
  
  The Vietnam Blockchain Association has entered into strategic cooperation with the leading cryptocurrency exchange Binance for the growth of the nascent blockchain technology.
  Vietnam, the land of the “Ascending Dragon,” has been an excellent market for promoting and applying blockchain technology. The country has been showing a keen interest in motivating research and development in this technological domain.
  Earlier this month, both the entities announced their cooperation in the e
  
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• Justice Department OIG Releases Audit of USMS's Handling of Seized Cryptocurrency - Lawfare

  14-06-2022 19:11 via lawfareblog.com
  Justice Department OIG Releases Audit of USMS's Handling of Seized Cryptocurrency  Lawfare
  
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• By The Numbers: Bitcoin Suffers Largest Single Day Drop Since March 2020

  14-06-2022 19:02 via newsbtc.com
  
  The price of Bitcoin (BTC) has dropped by almost 30% in the last 7-days. The number one crypto by market cap dropped below critical support as macro-economic conditions worsen for risk-on assets. The general trend across global markets seems to point to the downside.
  Related Reading | Bitcoin 3-day Chart Indicates March 2020 Crash Recurrence
  At the time of writing, Bitcoin trades at $22,400 with a 4% loss on lower timeframes. The downside price action is on pair with losses last seen in Mar
  
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• Shiba Inu (SHIB) Profitability Plunges To Hell As Bloodbath Continues

  14-06-2022 19:00 via newsbtc.com
  
  The market crash has been especially brutal for meme coins such as Shiba Inu and Dogecoin. These coins had recorded impressive numbers in the bull runs of 2021 but the real test had come once the market had begun to decline. This meant that most have lost a large percentage of their all-time high values that were hit during the bull run. Along with this, the profitability of the meme coins had declined and has seen most investors holding bags of losses.
  Only 14% In Profit
  According to data from
  
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• Ethereum crashed by 94% in 2018 — Will history repeat with ETH price bottoming at $375?

  14-06-2022 18:50 via cointelegraph.com
  
  ETH's latest plunge could bring more pain despite expectations that $1,200 should hold.
  
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• 'Too early' to say Bitcoin price has reclaimed key bear market support — analysis

  14-06-2022 18:21 via cointelegraph.com
  
  BTC price action is back above the 200-week moving average, but the Fed may still sour the mood.
  
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• Cryptocurrency exchange Coinbase to cut 18% of workforce - OregonLive

  14-06-2022 18:12 via oregonlive.com
  
  Cryptocurrency exchange Coinbase to cut 18% of workforce  OregonLive
  
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• SEC chair warns about 'too good to be true' returns amid market downturn

  14-06-2022 17:30 via cointelegraph.com
  
  Gary Gensler added that he continued to be “intrigued with the technology,” but did not directly address if the SEC would approve a Bitcoin exchange-traded fund.
  
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• What happens if you lose or break your hardware crypto wallet?

  14-06-2022 16:45 via cointelegraph.com
  
  The safety of the recovery phrase is way more important than keeping the hardware wallet safe, according to executives at Ledger and Trezor.
  
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• Cryptocurrency Glossary Of Terms & Acronyms - Forbes

  14-06-2022 16:03 via forbes.com
  
  Cryptocurrency Glossary Of Terms & Acronyms  Forbes
  
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• 'Nothing issue' — MicroStrategy CEO plans to hodl Bitcoin 'through adversity'

  14-06-2022 16:02 via cointelegraph.com
  
  Michael Saylor is anything but panicky as Bitcoin price weakness adds to MicroStrategy share price pressure.
  
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• Bitcoin 3-day Chart Indicates March 2020 Crash Recurrence

  14-06-2022 16:00 via newsbtc.com
  
  According to Tradingview, the world’s most popular cryptocurrency, Bitcoin, hit a new low of $20,828 at the start of the week. Because of this new pricing, BTC lost 16.54% of its value in less than a day- almost $5,000 in value.
  Although being the largest and most famous cryptocurrency, Bitcoin is notorious for its huge climbs and equally dramatic declines. For example, BTC skyrocketed to an all-time high of over $69,000 in November 2021, then plummeted to just under $30,000 by the start o
  
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• Following the signs: How crypto stickers led to a new career opportunity

  14-06-2022 15:43 via cointelegraph.com
  
  A sign on the wall of a crypto company started Daniel Karikari’s pursuit of a career in blockchain and cryptocurrency.
  
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• OpenSea announces new security features to protect users from NFT scams

  14-06-2022 15:35 via cointelegraph.com
  
  The new feature will automatically hide suspicious NFT transfers from view on their marketplace.
  
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• Crypto exchange Coinbase slashes staff by 18% amid bear market

  14-06-2022 15:28 via cointelegraph.com
  
  After initially slowing down hiring, Coinbase announced plans to reduce its headcount by 18%, with the CEO citing a starting economic recession.
  
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• NFT Floor Prices Plunging Amid Ongoing Crypto Market Pandemonium

  14-06-2022 15:26 via newsbtc.com
  
  The crypto markets has plunged by 14% over the past 24 hours, including the double whammy of Ethereum’s loss of 18% and Bitcon’s dip by 16% while NFT sales are also suffering from the crypto market crash but primarily because of ETH prices plummeting.On a lighter note, NFT trading volume has incremented over the 24 hours by 54%, which is an excellent opportunity for collectors to hoard prized NFT collections.
  The prices of high-end and popular nonfungible token collections like Bored
  
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• Binance aims to become a super app with Splyt crypto partnership

  14-06-2022 15:24 via cointelegraph.com
  
  The partnership with the "super app enabler" will allow users to pay for taxi services and food deliveries with crypto using Binance Pay.
  
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• Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future

  14-06-2022 15:15 via cointelegraph.com
  
  Despite crypto winter, the conference drew in 17,000 people to discuss the crypto regulatory landscape, Web3 development and the future of digital assets.
  
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• El Salvador 'has not had any losses' due to Bitcoin price dive, finance minister says

  14-06-2022 15:14 via cointelegraph.com
  
  Salvadoran minister Alejandro Zelaya brushed off the media criticism of the nation’s investments in Bitcoin.
  
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• Bitcoin Hash Rate Jumps To Sky As BTC Falls Below $25k

  14-06-2022 15:00 via newsbtc.com
  
  Hash rate plays a vital role in every Proof-of-Work (PoW) blockchain. It measures the computational drive for all transaction verification and block additions to the network. Hence, the Bitcoin hash rate represents the number of people involved in BTC mining.
  As the number of miners increases, the hash rate will also increase. This results in maintaining the security and stability of the Bitcoin ecosystem. Many investors will consider hash rates before engaging in any project.
  Before now, the BT
  
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• ‘Original Bitcoin’ Makes Surprise 24% Climb As Crypto Markets See Red

  14-06-2022 14:33 via newsbtc.com
  
  Dubbed to be the “Original Bitcoin,” BSV, or Bitcoin Satoshi Vision skyrockets in the face of a crypto market crash seen in the past 24 hours. BSV is certainly generating a lot of attention from investors as it remains unfazed by the malingering crypto market decline.
  BSV shoots to 24% or roughly $55.79 on Tuesday; on the other hand, Bitcoin (BTC) has spiraled down by 11% over the past 24 hours but somewhat diminished in value since Sunday.
  A Bitcoin Cash (BCH) hard fork sired the em
  
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• A unique collection of NFTs will help in the fight against the consequences of a stroke – how a resident of Tomsk has created a revolutionary project in the field of rehabilitative medicine

  14-06-2022 13:18 via newsbtc.com
  
  Oftentimes, ideas that can change the lives of many people come as a result of tragic events. As is the case with a developer from Tomsk, named Nikolai Muravyov. The young man experienced an instance of severe trauma, which not only didn’t break his spirit but also helped him find a way to help many people who face mobility-related problems. Nikolay Muravyov explained to our editorial staff how he managed to create a project aimed at improving rehabilitation after strokes.
  How did the idea
  
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• Can Six-Figure APYs & Legitimate Projects Co-Exist?

  14-06-2022 13:02 via crypto-news.net
  
  Anyone who is the least bit familiar with decentralised finance and the opportunities provided to enthusiasts by crypto projects has likely heard of massive staking APY rates marketed online.   In the cryptosphere, the saying “If it’s too good to be true, it probably is”  has come a long way since the initial release of […]
  The post Can Six-Figure APYs & Legitimate Projects Co-Exist? appeared first on Crypto-News.net.
  
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• What is MetaPay and how does it work?

  14-06-2022 12:54 via cointelegraph.com
  
  MetaPay, metaverse-based payment system, requires customers to have a MPay token to invest in the Metaxion universe.
  
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• Taxes of top concern behind Bitcoin salaries, Exodus CEO says

  14-06-2022 12:41 via cointelegraph.com
  
  Cryptocurrency wallet firm Exodus has been paying all its staff fully in Bitcoin since launching its software wallet in 2015, CEO JP Richardson said.
  
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• Plugin Partners With Inclusive Growth Chain to Implement the ‘Project Pollution Check’

  14-06-2022 09:39 via newsbtc.com
  
  The Plugin and Inclusive Growth Chain have collaborated to implement the ‘Project Pollution Check’. The Pollution Check is designated to collect and tabularize the data regarding air pollution. And further help end-users like air purifier producers, realtors, and the environment conversalists both in public & private sectors.
  In this context, let’s investigate the Plugin and Inclusive Growth Chain partnership and the way the ensuing blockchain-based answers will assist to e
  
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• Crypto Market Sees Over $600 Million in Liquidation As BTC Falls Below $25,000

  14-06-2022 09:34 via newsbtc.com
  
  As of December 2020, the price of BTC dropped to about $25,000. Recently, the same occurrence took place in the crypto market. As a result, most altcoins are experiencing a price plunge, resulting in over $600 million in liquidation.
  Rundown Of BTC Price In June
  BTC looked promising at the dawning of June, hitting a selling price of over $32,000, being its all-week high. Hours later, there was a sudden slump in prices, bringing its selling price to around $30,000. Despite several attempts to pus
  
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• Crypto Market Notices Over $600 Million in Liquidation As BTC Falls Below $25,000

  14-06-2022 09:34 via newsbtc.com
  
  As of December 2020, the price of BTC dropped to about $25,000. Recently, the same occurrence took place in the crypto market. As a result, most altcoins are experiencing a price plunge, resulting in over $600 million in liquidation.
  Rundown Of BTC Price In June
  BTC looked promising at the dawning of June, hitting a selling price of over $32,000, being its all-week high. Hours later, there was a sudden slump in prices, bringing its selling price to around $30,000. Despite several attempts to pus
  
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• BTC price crashes to $20.8K as 'deadly' candles liquidate $1.2 billion

  14-06-2022 09:32 via cointelegraph.com
  
  Carnage for short-term traders and speculators as volatility destroys both long and short positions on the way to $20,000.
  
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• Cryptocurrency Exchange Coinbase To Lay Off 18% Staff - NDTV Profit

  14-06-2022 09:00 via ndtv.com
  
  Cryptocurrency Exchange Coinbase To Lay Off 18% Staff  NDTV Profit
  
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• Cryptocurrency exchange Coinbase is laying off 18 percent of its workforce - The Verge

  14-06-2022 09:00 via theverge.com
  
  Cryptocurrency exchange Coinbase is laying off 18 percent of its workforce  The Verge
  
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• Bitcoin: Why is the largest cryptocurrency crashing? - BBC

  14-06-2022 09:00 via bbc.com
  
  Bitcoin: Why is the largest cryptocurrency crashing?  BBC
  
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• ZED RUN founder envisions user narrative-driven Metaverse

  14-06-2022 08:21 via cointelegraph.com
  
  The creators behind ZED RUN launched their first Metaverse title on June 13, featuring fully-customizable user avatars and 3D world built using the Unreal Engine.
  
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