Cryptocurrency news

• Curve Finance: Issue Found And Reverted, CRV Sees 10% Losses

  09-08-2022 23:48 via newsbtc.com
  
  Via their official Twitter handle, the Ethereum-based decentralized finance (DeFi) protocol Curve Finance has confirmed a vulnerability in their nameserver or frontend curve.fi which was successfully reverted. Earlier, the team behind the project advised caution to its users and claimed an investigation has been launched to look into any potential vulnerabilities exploit.The team behind the project said:
  The issue has been found and reverted. If you have approved any contracts on Curve in the pa
  
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• Curve Finance resolves site exploit, directs users to revoke any recent contracts

  09-08-2022 23:19 via cointelegraph.com
  
  An exploit of the site’s front end appears to have resulted in the theft of over $573K USD.
  
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• BREAKING: Curve Finance team warns users to avoid using site until further notice

  09-08-2022 23:19 via cointelegraph.com
  
  A still undefined exploit ofthe site’s frontend appears to have resulted in the theft of over $573K USD so far.
  
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• Circle plans to only support Ethereum PoS chain after Merge is complete

  09-08-2022 23:00 via cointelegraph.com
  
  "USDC as an Ethereum asset can only exist as a single valid version," says the team at Circle.
  
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• Anonymous user sends ETH from Tornado Cash to prominent figures following sanctions

  09-08-2022 22:15 via cointelegraph.com
  
  It appears to be an ongoing prank to challenge the novel Tornado Cash sanctions.
  
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• TA- My Neighbor Alice Could Be Set For A Major Bounce – Eyes $5

  09-08-2022 22:12 via newsbtc.com
  
  The price of My Neighbor Alice (ALICE) could be set for a major bounce against Tether (USDT) and to hit $5. Ethereum price saw a relief bounce from $1,600 to $1,800 ahead of merge sentiments leading to other altcoins like My Neighbor Alice bouncing off from their weekly lows. (Data feeds from Binance)
  Price Analysis Of ALICE On The Weekly Chart
  Weekly Price Chart Analysis For ALICE | Source: ALICEUSDT On Tradingview.com
  From the chart, the price of ALICE saw a weekly low of around $1.9, whi
  
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• Total value locked in DeFi dropped by 66%, but multiple metrics reflect steady growth

  09-08-2022 22:05 via cointelegraph.com
  
  Decentralized finance TVL is down by 66%, but growth in DEX aggregators, active addresses and steady fund raises show “DeFi winter” is not upon us.
  
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• Game dev explains why blockchain should be 'invisible' in P2E gaming: KBW 2022

  09-08-2022 21:30 via cointelegraph.com
  
  Mobile game developer Com2uS is stepping up its Web3 game with the launch of its own blockchain to emphasize the needs of next-generation gamers.
  
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• Ethereum Investors Close 300k Long Positions on Bitfinex, Rally To Stop Soon?

  09-08-2022 21:00 via newsbtc.com
  
  Data shows around 300k in ETHUSD long positions have been closed on the Bitfinex Ethereum futures market, something that could provide impedance to the latest rally.
  Ethereum Long Positions Have Dropped By More Than 300k During The Last Few Days On Bitfinex
  As pointed out by an analyst in a CryptoQuant post, the past data of the ETHUSD long positions on the crypto exchange Bitfinex would suggest the current pattern may prove to be bearish for the value of the coin.
  The relevant metric here is th
  
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• China’s Cyberspace Administration issues warning on promotional cryptocurrency material - CryptoSlate

  09-08-2022 21:00 via cryptoslate.com
  China’s Cyberspace Administration issues warning on promotional cryptocurrency material  CryptoSlate
  
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• 'IBC is a serious alternative for secure cross-chain communication,' says Sunny Aggarwal of Osmosis

  09-08-2022 20:45 via cointelegraph.com
  
  So far, Cosmos’ IBC seems to have stayed clear of troubled waters.
  
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• Cryptocurrency Solana Falls More Than 4% In 24 hours - Benzinga

  09-08-2022 20:29 via benzinga.com
  
  Cryptocurrency Solana Falls More Than 4% In 24 hours  Benzinga
  
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• Taxation of Cryptocurrency Resources - The CPA Journal

  09-08-2022 20:08 via cpajournal.com
  
  Taxation of Cryptocurrency Resources  The CPA Journal
  
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• Why Are Crypto Investors Rotating From Bitcoin To Altcoins?

  09-08-2022 20:02 via newsbtc.com
  
  The crypto market is pulling back into support and could face potential headwinds in the short term. In the crypto top 10, Bitcoin has been outperformed by the altcoins sector with Ethereum and Binance Coin, and Polkadot still preserving some of its gains from the past week.This shows a shift in the crypto market dynamics as investors seem to be regaining confidence in the sector and moving away from Bitcoin. Therefore, the number one crypto by market cap appears to be lagging which translates i
  
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• Selling Bitcoin doesn’t mean you’re not bullish: Cypherpunk CEO

  09-08-2022 20:00 via cointelegraph.com
  
  Cypherpunk is one of the first public firms in the world to ever invest in Bitcoin and it opted to sell 100% of its crypto by June 2022.
  
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• Bitcoin drops to support as looming CPI print shakes up crypto and stock markets

  09-08-2022 19:31 via cointelegraph.com
  
  Traders tuck their tails as this week’s CPI print approaches and BTC and ETH price fall back into range to test underlying support.
  
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• Alchemy and Infura block access to Tornado Cash as Vitalik Buterin weighs in on debate

  09-08-2022 19:15 via cointelegraph.com
  
  U.S. persons and entities must comply with the Treasury's sanctions or face possible criminal consequences.
  
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• CEL Rallies To $2 As Bankruptcy Proceedings Continue, But Rally May Just Be Starting

  09-08-2022 19:00 via newsbtc.com
  
  Celsius (CEL) has been rallying in recent times. The native token of the now bankrupt Celsius Network had taken a nosedive when the company had first filed for bankruptcy, but it seems the time is changing with the recent recovery. As Celsius continues with its proceedings, the price of CEL has shot up over the last week, reaching as high as $2.
  What Is Behind CEL Recovery?
  The recovery in CEL’s price has obviously come as a surprise to the market. The altcoin had struggled tremendously be
  
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• Reddit partners with FTX to enable ETH gas fees for community points

  09-08-2022 18:30 via cointelegraph.com
  
  With the new integration, Reddit users will be able to purchase Ether from supported Reddit apps via FTX’s payment and exchange infrastructure platform FTX Pay.
  
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• Nas Academy and Invisible College Introduce Their Web3 Crypto Academy Accessible Through Decentralien NFTs

  09-08-2022 18:00 via newsbtc.com
  
  The growing appeal of Web3 and cryptocurrency creates shockwaves among mainstream users. Initiatives like Invisible College help people better understand this new frontier and its opportunities. A new crypto academy has been launched through a partnership with Nas Academy, which one can only access by holding a Decentralien NFT.
  Invisible College Teams Up With Nas Academy
  The Invisible College project has a simple goal: make people more knowledgeable about web3 and the many opportunities this te
  
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• Is your SOL safe? What we know about the Solana hack | Find out now on The Market Report

  09-08-2022 18:00 via cointelegraph.com
  
  On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss whether your SOL is safe or not.
  
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• Why Privacy Matters in Cryptocurrency? - babyboomers.com

  09-08-2022 17:51 via babyboomers.com
  
  Why Privacy Matters in Cryptocurrency?  babyboomers.com
  
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• Blockchain and NFTs are changing the publishing industry

  09-08-2022 17:15 via cointelegraph.com
  
  Traditional publishers are using NFTs to build communities and engage with audiences.
  
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• Bitcoin dominance hits 6-month lows as metric proclaims new 'alt season'

  09-08-2022 16:35 via cointelegraph.com
  
  BTC currently makes up 41% of the total crypto market cap — its smallest market share since January.
  
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• 1inch plugs into Klaytn as Asia continues to climb aboard

  09-08-2022 16:07 via cointelegraph.com
  
  The 1inch Network has integrated its aggregation and limit order protocols to the burgeoning Klaytn blockchain mainnet.
  
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• Pinterest for Web3: Project launches curation ecosystem on Avalanche

  09-08-2022 16:00 via cointelegraph.com
  
  CurateDAO launched an Avalanche-based “curate-to-earn” platform where participants can earn by contributing to databases.
  
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• Interactive Brokers Expands Cryptocurrency Trading - Business Wire

  09-08-2022 16:00 via businesswire.com
  
  Interactive Brokers Expands Cryptocurrency Trading  Business Wire
  
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• Bullish Expectations From The Ethereum Merge Rise Post Chainlink’s Announcement

  09-08-2022 16:00 via newsbtc.com
  
  The upcoming Ethereum blockchain upgrade has received different reactions and comments within the crypto industry. The launch of the upgrade, also known as the Merge, is to be within August 2022.
  Many experts in the system have confidence that Merge could be a bullish event that would positively impact the blockchain. But there are still some concerns about the possible post-merge hard forks on the network.
  When it comes to the cryptocurrency space, every network has a consensus mechanism for it
  
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• What the fork? Ethereum's potential forked ETHW token is trading under $100

  09-08-2022 15:29 via cointelegraph.com
  
  A non-difficulty bomb ETHW chain could grab 2%-10% of Ethereum's market capitalization, crypto hedge fund manager says.
  
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• TA- STEPN (GMT) Could Be Set For A Major Rally After Bullish Signs

  09-08-2022 15:00 via newsbtc.com
  
  The price of STEPN (GMT) could be set for a major rally against Tether (USDT) after showing bullish signs. Ethereum price saw a relief bounce from $1,600 to $1,800 ahead of merge sentiments leading to other altcoins like STEPN bouncing off from their weekly lows. (Data feeds from Binance)
  Price Analysis Of GMT On The Weekly Chart
  Weekly STEPN Price Chart Analysis | Source: GMTUSDT On Tradingview.com
  From the chart, the price of GMT saw a weekly low of around $0.58, which bounced from that r
  
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• Telstra Report Unveils Ethereum Devs Remain Strong During Bear Market

  09-08-2022 14:31 via newsbtc.com
  
  Recent news reported the constant increase of developers in some renowned digital currencies, especially Ethereum. The effect has increased the Web3 community strength and is looking to maintain this course in the long run.
  The news cited that the growth is a function of the participation of developers in the major ecosystems. According to the information from Telstra Ventures, the major digital currencies involved here are Bitcoin, Ethereum, and Solana. Telstra Ventures is a known investing arm
  
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• The Bear Market Correction Could Be Over, According To ARK. Reasoning Inside

  09-08-2022 14:16 via newsbtc.com
  
  Rejoice! The bear market might be over. That’s the main thesis behind July’s “The Bitcoin Monthly” report. “Because bitcoin’s price did not rise parabolically during the 2021 bull market, its bear market correction could be over,” ARK reasons. And it makes sense, the numbers seem to suggest it, and it feels like it. However, are we fooling ourselves? Is ARK’s reasoning wishful thinking? Let’s examine the data and see what it tells us.
  First o
  
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• Treasury Sanctions Cryptocurrency Mixer - Nextgov

  09-08-2022 14:15 via nextgov.com
  
  Treasury Sanctions Cryptocurrency Mixer  Nextgov
  
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• Iran makes first import order using cryptocurrency - report - Reuters

  09-08-2022 14:14 via reuters.com
  
  Iran makes first import order using cryptocurrency - report  Reuters
  
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• Cryptocurrency: Has the Bubble Burst?: release date - NationalWorld

  09-08-2022 13:09 via nationalworld.com
  
  Cryptocurrency: Has the Bubble Burst?: release date  NationalWorld
  
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• Cryptocurrency Market Worth USD 1902.5 Billion in 2028 | Exhibiting a CAGR of 47.6% [2021-2028] - GlobeNewswire

  09-08-2022 12:57 via globenewswire.com
  
  Cryptocurrency Market Worth USD 1902.5 Billion in 2028 | Exhibiting a CAGR of 47.6% [2021-2028]  GlobeNewswire
  
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• Will Shiba Inu Reach $1? No, But New Cryptocurrency Meme Coin Tamadoge Might | Bitcoinist.com - Bitcoinist

  09-08-2022 12:04 via bitcoinist.com
  
  Will Shiba Inu Reach $1? No, But New Cryptocurrency Meme Coin Tamadoge Might | Bitcoinist.com  Bitcoinist
  
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• The Reserve Bank of Australia to explore use cases for CBDC

  09-08-2022 11:50 via cointelegraph.com
  
  The pilot project will last a year, and the details for potential participants will be published in the next few months.
  
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• GameFi and crypto 'natural fit' for game publishers: KBW 2022

  09-08-2022 11:17 via cointelegraph.com
  
  Korean experts believe that crypto would play a major role in the gaming ecosystem, and within the next 3 years, the majority of games might have an in-game crypto economy.
  
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• Bitcoin realized price bands form key resistance as bulls lose $24K

  09-08-2022 10:55 via cointelegraph.com
  Significant whale activity between $22,000 and $24,800 adds to the complexity of the current spot market setup.
  
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• Korea Blockchain Week, Aug. 9: Second-day takeaways from the Cointelegraph team

  09-08-2022 10:45 via cointelegraph.com
  Discussions about the Metaverse dominated the final day of Korea Blockchain Week’s mainstage conference.
  
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• Global Adoption Of Cryptocurrency – The First Cryptocurrency Backed By A Nation - NewsBTC

  09-08-2022 10:45 via newsbtc.com
  
  Global Adoption Of Cryptocurrency – The First Cryptocurrency Backed By A Nation  NewsBTC
  
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• Bitcoin.com to introduce Bitcoiners to decentralized finance: KBW 2022

  09-08-2022 10:39 via cointelegraph.com
  
  Corbin Fraser, an executive at Bitcoin.com, told Cointelegraph that they are also planning to release a prepaid debit card that rewards users with crypto.
  
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• Global Adoption Of Cryptocurrency – The First Cryptocurrency Backed By A Nation

  09-08-2022 10:38 via newsbtc.com
  
  Cryptocurrency adoption across the globe has been moving slower than most would like, but there is no doubt that there has been a lot being done so far. It started with El Salvador’s adoption of bitcoin as a legal tender, and it has spiraled from there. One thing that is yet to be done is a cryptocurrency backed by a nation. While other countries have gone the path of the Central Bank Digital Currency (CBDC), the Central African Republic has introduced an innovative monetary system to the
  
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• BitMEX former executive pleads guilty to violating the Bank Secrecy Act

  09-08-2022 10:26 via cointelegraph.com
  
  Gregory Dwyer becomes the last one from the exchange’s management to enter a plea.
  
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• Singapore-Based Crypto Lender Hodlnaut Halts Withdrawals As Cryptocurrency Woes Continue - Outlook India

  09-08-2022 09:52 via outlookindia.com
  
  Singapore-Based Crypto Lender Hodlnaut Halts Withdrawals As Cryptocurrency Woes Continue  Outlook India
  
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• Lightning Speed: How To Take BTC From Reserve Asset To World Reserve Currency

  09-08-2022 09:40 via newsbtc.com
  
  Is the Lightning Network bitcoin’s killer app? It might be, but there’s a long road ahead. One of the stops on that road is the possible inclusion of stablecoins. Does bitcoin need them? Aren’t there inherent counterparty risks with those? The debate over those questions rages on. And in their latest post, The Bitcoin Layer makes the case for this development to be crucial. According to The Bitcoin Layer, “a global capital market operating on top of bitcoin-denominat
  
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• What Do You Think of the Cryptocurrency Quant's Recent Climb in a Bear Market - DataDrivenInvestor

  09-08-2022 08:24 via medium.datadriveninvestor.com
  
  What Do You Think of the Cryptocurrency Quant's Recent Climb in a Bear Market  DataDrivenInvestor
  
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• KBW 2022: Digital property rights key to thriving Web3 economy — Animoca’s Yat Siu

  09-08-2022 08:19 via cointelegraph.com
  
  Robust property rights in the physical world are one of the key indicators of a wealthy economy — and that’s exactly what digital property rights enable in Web3, says Animoca's co-founder.
  
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• Why Crypto Memecoin Whales Are Accumulating Tamadoge

  09-08-2022 08:15 via newsbtc.com
  
  What crypto are the whales buying? After the ongoing crypto market crash in 2022, users are looking for the best meme crypto to buy now. Currently, many whales and investors are looking to buy TAMA – a new NFT project that is aiming to change the gaming sector by introducing DeFi (decentralized finance) protocols.
  This guide will review one of the best new crypto meme coins and why whales are accumulating Tamadoge.
  Why Tamadoge has Gained the attention of Memecoin Whales in 2022
  The sectio
  
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