Cryptocurrency news

• DeFi platform Oasis to block wallet addresses deemed at-risk

  11-08-2022 23:45 via cointelegraph.com
  
  Users report that their sessions were disconnected when trying to interact with Oasis with allegedly high risk wallets.
  
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• UNCTAD takes aim at crypto in developing world in a series of critical policy briefs

  11-08-2022 23:33 via cointelegraph.com
  
  The UN organization is urging countries with emerging economies to implement regulation to head off the potentially destabilizing influence of cryptocurrency.
  
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• Robinhood to face class action lawsuit from meme stock debacle: Report

  11-08-2022 23:00 via cointelegraph.com
  
  It's been more than a year, but investors continue to make allegations against Robinhood following the January 2021 controversy around trading GameStop and AMC stocks.
  
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• Banks' Ability to Conduct Cryptocurrency Transactions Comes Under Senators' Fire - Nextgov

  11-08-2022 22:47 via nextgov.com
  
  Banks' Ability to Conduct Cryptocurrency Transactions Comes Under Senators' Fire  Nextgov
  
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• Will “The Merge” Be A Buy The Rumor Sell The News Event For Ethereum?

  11-08-2022 22:35 via newsbtc.com
  
  Ethereum is coming into heavy resistance north of $1,900 as the cryptocurrency attempts to push further into previously lost territory. Today, ETH core developers announced a tentative date for the upcoming “Merge” event set for September 15 to 16, 2022, which could bolster bulls’ attempts to climb higher.At the time of writing, Ethereum’s (ETH) price trades at $1,888 with 3% profits in the last 24 hours and a 17% profit in the last week.
  ETH’s price with important
  
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• Maven 11 launches $40M lending pool on Maple as borrowers turn to DeFi

  11-08-2022 22:30 via cointelegraph.com
  
  With liquidity drying up in the wake of CeFi contagion, borrowers are turning to decentralized finance for their credit needs.
  
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• Maven 11 launches $30M lending pool on Maple as borrowers turn to DeFi

  11-08-2022 22:30 via cointelegraph.com
  
  With liquidity drying up in the wake of CeFi contagion, borrowers are turning to decentralized finance for their credit needs.
  
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• Cross-chains in the crosshairs: Hacks call for better defense mechanisms

  11-08-2022 22:00 via cointelegraph.com
  
  Cryptocurrency security firms, decentralized finance and cross-chain platforms are stressing the importance of improved defense mechanisms after a spate of hacks and exploits targeting the ecosystem.
  
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• Is it foolish to expect a massive Ethereum price surge pre- and post Merge?

  11-08-2022 21:55 via cointelegraph.com
  
  Backwardation in Ethereum futures shows traders expect ETH to surge and everyone wants the “free” proof-of-work hardfork coins, but investors should also keep an eye on the bears.
  
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• Over 1,900 block-producing nodes in the Solana ecosystem, new report reveals

  11-08-2022 21:15 via cointelegraph.com
  
  Solana released its first ‘Validator Health Report’ post-wallet hack, which reveals 3,400 validators across six different continents.
  
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• Bitcoin aSOPR Fails Retest Of Historical Bull-Bear Junction

  11-08-2022 21:00 via newsbtc.com
  
  On-chain data shows the Bitcoin aSOPR indicator has found resistance at the historical junction between bull and bear markets.
  Bitcoin aSOPR Fails Retest Of The “Value=1” Line
  As pointed out by an analyst in a CryptoQuant post, the BTC aSOPR has been rejected from the breakeven mark recently.
  The “Spent Output Profit Ratio” (or SOPR in short) is an indicator that tells us whether Bitcoin investors are selling at a loss or at a profit right now.
  The metric works by looking
  
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• Indian law enforcement accuses WazirX exchange of aiding in laundering of $130M

  11-08-2022 20:30 via cointelegraph.com
  
  India’s Enforcement Directorate, which investigates financial crime, has frozen WazirX bank accounts while it looks at transfers from instant loan companies to international wallets.
  
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• Petrousus - The New Cryptocurrency That Could Become Profitable Like BNB - NewsBTC

  11-08-2022 20:27 via newsbtc.com
  
  Petrousus - The New Cryptocurrency That Could Become Profitable Like BNB  NewsBTC
  
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• Cryptocurrency Flow Up More Than 3% In 24 hours - Benzinga

  11-08-2022 20:12 via benzinga.com
  
  Cryptocurrency Flow Up More Than 3% In 24 hours  Benzinga
  
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• Good news for Bitcoin: New CPI data suggests inflation has peaked | Find out now on Market Talks with Tim Warren and Caleb Franzen

  11-08-2022 20:00 via cointelegraph.com
  
  The CPI numbers are out and they might hold a bullish signal for Bitcoin (BTC). Join us as we discuss this and other topics with Tim Warren, co-host of Coffee N Crypto, and Caleb Franzen.
  
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• FTC launches first cryptocurrency probe - International Association of Privacy Professionals

  11-08-2022 19:48 via iapp.org
  
  FTC launches first cryptocurrency probe  International Association of Privacy Professionals
  
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• dYdX confirms blocking (and unblocking) some accounts linked to Tornado Cash

  11-08-2022 19:42 via cointelegraph.com
  
  The platform said it has used compliance vendors to scan for and flag accounts potentially associated with illicit activities, including sanctions lists for many countries.
  
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• dYdX confirms blocking (and unblocking) some accounts flagged in Tornado Cash controversy

  11-08-2022 19:42 via cointelegraph.com
  
  The platform said it has used compliance vendors to scan for and flag accounts potentially associated with illicit activities, including sanctions lists for many countries.
  
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• Carbon credit NFTs are only effective if burned, experts say

  11-08-2022 19:30 via cointelegraph.com
  
  Environmental concerns plague both the crypto industry and the world at large. However, if used right, blockchain-based assets could offer some relief.
  
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• TA- Shiba Inu Struggles, But Could Be Set For A Major Run

  11-08-2022 19:16 via newsbtc.com
  
  The price of the Shiba Inu (SHIB) could be set for a major run as it holds its support against Tether (USDT). 
  Bitcoin’s (BTC) price saw a bounce from $23,000 to $24,800 as the favorable news from the consumer price Index (CPI) saw a good response across the boards in the crypto market as the price of Shiba Inu eyes $0.00001700.
  Related Reading: AVAX Holds Steady And Sets Sights On $50 Barrier Breach
  The consumer price Index measures inflation in the economy, due to market sentiments
  
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• TA- Shiba Inu Price Struggles, But Could Be Set For A Major Run

  11-08-2022 19:16 via newsbtc.com
  
  The price of the Shiba Inu (SHIB) could be set for a major run as it holds its support against Tether (USDT). 
  Bitcoin’s (BTC) price saw a bounce from $23,000 to $24,800 as the favorable news from the consumer price Index (CPI) saw a good response across the boards in the crypto market as the price of Shiba Inu eyes $0.00001700.
  Related Reading: AVAX Holds Steady And Sets Sights On $50 Barrier Breach
  The consumer price Index measures inflation in the economy, due to market sentiments
  
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• New Cryptocurrency, Proprivex (PPX) Might Be All You Need To Organize Your Crypto Portfolio- Cryptocurrency - Bitcoinist

  11-08-2022 19:01 via bitcoinist.com
  
  New Cryptocurrency, Proprivex (PPX) Might Be All You Need To Organize Your Crypto Portfolio- Cryptocurrency  Bitcoinist
  
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• Market Sentiment Shoots Up As Bitcoin Eyes $25,000

  11-08-2022 19:00 via newsbtc.com
  
  The crypto market sentiment had taken a beating when the price of bitcoin fell to a new cycle low of $17,600. With this, investor sentiment had plummeted to new yearly lows. But slowly, the market sentiment had recovered and made its way out of the extreme fear territory. That is until now when the market sentiment has recorded an enormous push upward off the back of another market rally.
  Sentiment Turning Green
  The crypto market sentiment has been on an uptrend since the recovery started back i
  
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• TA- The Price Of Fantom Shows Strength – Eyes $0.70

  11-08-2022 18:51 via newsbtc.com
  
  The price of Fantom (FTM) shows strength and could be set for a major run against Tether (USDT) with eyes set on $0.7. 
  Bitcoin’s (BTC) price saw a bounce from $23,000 to $24,800 as the favorable news from the consumer price Index (CPI) saw a good response across the boards in the crypto market. As a consequence, the price of Fantom was able to try and break out of its range.The consumer price Index measures inflation in the economy, due to market sentiments this affects the prices of
  
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• TA- Fantom Shows Strength – Eyes $0.70

  11-08-2022 18:51 via newsbtc.com
  
  The price of Fantom (FTM) shows strength and could be set for a major run against Tether (USDT) with eyes set on $0.7. Bitcoin’s (BTC) price saw a bounce from $23,000 to $24,800 as the favorable news from the consumer price Index (CPI) saw a good response across the boards in the crypto market. As a consequence, the price of Fantom was able to try and break out of its range.
  The consumer price Index provides a gauge with regard to inflation in the economy while instigating BTC prices
  
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• Ethereum Merge Scheduled For September 15/16, ETH’s Price Skyrockets

  11-08-2022 18:42 via newsbtc.com
  
  Ethereum is moving higher over today’s trading session and seems to be targeting previous levels about the $2,000 mark. The cryptocurrency soars as “The Merge” becomes imminent and backs the bullish sentiment across the market.At the time of writing, ETH’s price trades at $1,900 with a 3% profit in the last 24 hours and a 17% profit over the past week. Ethereum is the best performing asset in the crypto top 10 by market cap recording bigger gains than Solana (14%), Polkad
  
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• Blackrock announces the launch of a new private spot Bitcoin Trust

  11-08-2022 18:30 via cointelegraph.com
  
  The move comes one week after its partnership with Coinbase to provide institutional clients with crypto trading access.
  
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• Reinventing yourself in the Metaverse through digital identity

  11-08-2022 17:50 via cointelegraph.com
  
  Metaverse users can reinvent themselves with a digital identity built upon avatars and digital assets, but there are challenges to consider.
  
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• South Korea's financial watchdog wants to 'quickly' review crypto legislation: Report

  11-08-2022 17:30 via cointelegraph.com
  
  The FSC will reportedly “make institutional supplements that will take a balanced approach to blockchain development, investor protection, and market stability" on bills proposed.
  
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• Polygon Maintains Solid Footing As MATIC Balloons By 300% Since June

  11-08-2022 17:10 via newsbtc.com
  
  Polygon (MATIC) price prediction relies heavily on the CPI numbers for July.
  Polygon price soared by 125% since July 1; Analysts spotted a rally of 68% catapulting to an 85% boost in terms of profit.
  MATIC price has overlapped targets found in the $1.25 mark; retracement is still a possibility at $0.64.
  A break below the $0.54 mark hints at an invalidation of MATIC’s uptrend movement.Evidently, the crypto market has been extremely volatile seen early this week. On the other hand, investors
  
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• How to earn interest from crypto saving accounts?

  11-08-2022 17:00 via cointelegraph.com
  
  Crypto investors can earn interest via crypto lending by finding a cryptocurrency exchange or DApp that offers a crypto interest account.
  
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• Analysis | Why hackers are able to steal billions of dollars worth of cryptocurrency - The Washington Post

  11-08-2022 16:50 via washingtonpost.com
  Analysis | Why hackers are able to steal billions of dollars worth of cryptocurrency  The Washington Post
  
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• Home of the humbled lira, Turkey's the biggest cryptocurrency market in the Middle East - bne IntelliNews

  11-08-2022 16:39 via intellinews.com
  
  Home of the humbled lira, Turkey's the biggest cryptocurrency market in the Middle East  bne IntelliNews
  
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• Cryptocurrency Bitcoin Cash Rises 4% In 24 hours - Benzinga

  11-08-2022 16:32 via benzinga.com
  
  Cryptocurrency Bitcoin Cash Rises 4% In 24 hours  Benzinga
  
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• Should you buy Ethereum Classic as its recovery accelerates?

  11-08-2022 16:23 via coinjournal.net
  
  Ethereum Classic price soared to the highest level since April 8th as demand for the coin jumped. ETC price rose to a high of $43, which was about 246% above the lowest level this year. As a result, the total market cap of the coin jumped to over $5.2 billion.
  ETC price rebounds
  Ethereum Classic is a leading blockchain project that emerged from a hard fork of Ethereum. It is a proof-of-work network where people can build all types of applications. The most popular apps in its ecosystem are in th
  
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• BlackRock Bitcoin fund launch sends BTC price towards $25K

  11-08-2022 16:15 via cointelegraph.com
  
  The announcement is the "most bullish news" ever for long-term hodlers, one analyst argues as Barry Silbert heralds the arrival of Wall Street.
  
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• BlackRock Bitcoin fund launch sends BTC price toward $25K

  11-08-2022 16:15 via cointelegraph.com
  
  The announcement is the “most bullish news” ever for long-term hodlers, one analyst argues, as Barry Silbert heralds the arrival of Wall Street.
  
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• DAM Finance Receives Strategic Investment From Arrington Capital Moonbeam Growth Fund

  11-08-2022 16:10 via coinjournal.net
  
  Miami, Florida, 11th August, 2022, Chainwire
   
  dPRIME Asset Modules Finance (”DAM Finance” or “DAM”), a protocol for creating purchasing power from cross-chain token portfolios, is pleased to share that it has received funding from the Arrington Capital Moonbeam Growth Fund .
  The investment in DAM Finance is the third major investment by the Arrington Capital Moonbeam Growth Fund, a recently launched $100m fund to fuel the Moonbeam ecosystem.
  DAM facilitates purchasi
  
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• Interlay launches trustless BTC stablecoin bridge on Polkadot

  11-08-2022 16:00 via cointelegraph.com
  
  InterBTC operates as a BTC-backed stablecoin, secured by a decentralized network of overcollateralized vaults, which according to Interlay, resembles MakerDAO’s DAI token.
  
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• 1inch plugs into KuCoin Wallet to improve token swaps

  11-08-2022 16:00 via cointelegraph.com
  
  1inch Network expands to another cryptocurrency exchange as KuCoin Wallet integrates its automated market maker functionality to improve token swaps.
  
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• Here’s why the Injective Protocol (INJ) price went parabolic

  11-08-2022 15:38 via coinjournal.net
  
  Injective Protocol price went parabolic as investors cheered the latest fundraising by the developers. INJ, its native token, rose to a high of $2.50, which was the highest level since June 10th. This means that the coin has rallied by more than 100% from its lowest level this year.
  Injective raises $30 million
  Injective Protocol is a relatively small and fast-growing smart contract platform developed for the finance industry. It was built specifically to help developers build applications in th
  
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• Crypto.com is now registered as a virtual asset service provider in the Cayman Islands

  11-08-2022 15:36 via coinjournal.net
  
  Crypto.com is now a registered virtual asset service provider in the Cayman Islands a few weeks after obtaining its licence in Dubai. Crypto.com, one of the world’s fastest-growing cryptocurrency platforms, announced on Thursday, August 11th, that it had received registration and regulatory approval as a Virtual Asset Service Provider from the Cayman Islands Monetary Authority. 
  Tha ks to this latest development, Crypto.com can offer a suite of products and services in compliance
  
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• Leading crypto tax platform CoinLedger expands into Canada

  11-08-2022 15:35 via coinjournal.net
  
  CoinLedger, a major tax reporting platform for DeFi, crypto, and NFT users, has officially expanded into Canada. Crypto users and investors in Canada can use it to automate all of their income tax reporting, capital gains, and losses under Canadian tax laws, Coin Journal learned from a press release. 
  CEO and co-founder of CoinLedger David Kemmeer said:
  We’re delighted to be expanding our full tax reporting tool suite to help Canadian cryptocurrency investors stay compliant with local
  
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• The Philippines halts virtual asset provider license applications

  11-08-2022 15:25 via cointelegraph.com
  The Banko Sentral ng Pilipinas said that the closing of VASP applications begins on Sept. 1, 2022, and will last for three years.
  
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• Web3 helps Taiwan secure information against cyberattacks

  11-08-2022 15:11 via cointelegraph.com
  
  In an effort against Chinese cyberattacks, Taiwan employs Web3 technology for decentralized file sharing post-Pelosi visit.
  
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• Exclusive: Bitwage CEO says ‘we’ll be empowering millions’ after Stellar announcement

  11-08-2022 15:09 via coinjournal.net
  
  The CEO of Bitwage CEO said the company would be improving millions of lives after its recent implementation on the Stellar blockchain. Crypto payroll provider Bitwage announced on Thursday, August 11th, that it is now offering the digital dollar (USDC) stablecoin to be distributed via the Stellar blockchain on their platform.
  Thanks to this latest development, companies across the world now have a fully compliant, easy-to-use, and frictionless solution when it comes to paying their employe
  
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• AVAX Holds Steady And Sets Sights On $50 Barrier Breach

  11-08-2022 15:05 via newsbtc.com
  
  Avalanche (AVAX) price may be a point of interest for many analysts especially since the gaming token is exhibiting formidable strength amid a bear market.AVAX price reveals a consistent ramping activity combined with a rise in price.
  Avalanche RSI reveals a breach on the overbought zone.
  High probability of breach can occur at the $50 barrier.
  AVAX Shows Solid Traction At $29.50
  According to CoinMarketCap, AVAX price is currently swinging it at $29.50 and is showing immense bullish traction wit
  
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• Is The Bitcoin Surge Due To An External Reason? What The Data Suggests

  11-08-2022 15:00 via newsbtc.com
  
  The world’s first and largest cryptocurrency is making gallant steps towards the greens in a recent outturn of events. Bitcoin is experiencing a sharp rise in price within its market. Recent trading activities got BTC’s price to hit the $24,000 mark. This creates a positive record for the top cryptocurrency across the industry.
  Though Bitcoin is making a tremendous improvement in value, its number of active addresses seems to be downtrend.
  The sudden growth in price for BTC likely ha
  
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• Ethereum whale transactions peak at 2-month high amid Goerli testnet merger

  11-08-2022 14:51 via cointelegraph.com
  
  ETH price reached a new 2-month high of $1,919 as institutional inflows saw seven straight weeks of inflows even when Bitcoin has seen a net outflow in the same period.
  
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• MRC Crypto Summit Brings Together Industry Experts to Explore How Cryptocurrency is Changing eCommerce - PR Newswire

  11-08-2022 14:42 via prnewswire.com
  
  MRC Crypto Summit Brings Together Industry Experts to Explore How Cryptocurrency is Changing eCommerce  PR Newswire
  
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