Chainlink’s Smart Contract Products Go Live on Fantom
Two protocols, Keepers and VRF, will allow developers to deploy more sophisticated applications on the Fantom network. Original Source: coindesk Chainlink’s Smart Contract Products Go Live on Fantom
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $20,000 as U.S. Consumer Confidence Plunges
Bitcoin fell below $20,000 during Wednesday’s session, as markets reacted to yesterday’s weaker-than-expected consumer confidence report. The expectation for economic growth also fell to a nine-year low. This resulted in ETH also dropping, with prices...
VTB sealed the first deal with digital financial assets in Russia
VTB Factoring acquires a tokenized debt pool of industrial companies via the Lighthouse blockchain. VTB Factoring, a subsidiary of Russia’s state-owned bank, reported the first major deal with digital finance assets. As part of the deal, the bank subsidiary acquired a...
Flipside Crypto launches NFTs to pull multi-chain data
Flipside Crypto co-founder and CEO Dave Balter stated the NFTs will save users the trouble of having to “manage nodes, complex data pipelines or petabyte-scale databases.” Blockchain analytics firm Flipside Crypto has launched an online Software Development Kit called...
Double bubble? Terra's defunct 'unstablecoin' suddenly climbs 800% in one week
The USTC price rally does not mean it would reclaim its lost U.S. dollar peg in the future. Terra's $40-billion experiment to create a functional "algorithmic stablecoin" project has failed drastically following its collapse in May. Nonetheless, its native stablecoin...
Deutsche Bank: Crypto Freefall Could Continue Because of the System’s Complexity
As bitcoin and other cryptocurrencies are speculative, high-risk assets, they are disproportionately affected by central bank tightening, the bank said. Original Source: coindesk Deutsche Bank: Crypto Freefall Could Continue Because of the System’s Complexity
Deutsche Bank: Crypto Free Fall Could Continue Because of the System’s Complexity
As bitcoin and other cryptocurrencies are speculative, high-risk assets, they are disproportionately affected by central bank tightening, the bank said. Original Source: coindesk Deutsche Bank: Crypto Free Fall Could Continue Because of the System’s Complexity
Lido Community Signals Intent to Keep Ethereum Staking Uncapped
The Lido community is currently voting against a proposal that would limit how much Ethereum can be staked on the platform. Original Source: decrypt Lido Community Signals Intent to Keep Ethereum Staking Uncapped
Michael Saylor's MicroStrategy Purchased Another $10M of Bitcoin Over Past Two Months
The company disclosed the acquisition of another 480 bitcoins, bringing total holdings to 129,699 bitcoins. Original Source: coindesk Michael Saylor's MicroStrategy Purchased Another M of Bitcoin Over Past Two Months
Bitcoin Lightning Network developer updates node software with Taproot support
The latest software release, named lnd 0.15 beta (v0.15-beta), aims to empower developers to create solutions for more use cases by leveraging the Bitcoin network’s capabilities. Lightning Labs, a developer of the Bitcoin (BTC) Lightning Network (LN), released a beta...
Citi Flags Crypto-Backed Real Estate Mortgages Amid Falling Market Conditions
Citigroup has published a series of comments on mortgages backed by cryptocurrency as well as digital real estate in the Metaverse. Original Source: coindesk Citi Flags Crypto-Backed Real Estate Mortgages Amid Falling Market Conditions
British Virgin Islands court reportedly orders to liquidate 3AC
The order reportedly came on the same date with Voyager Digital issuing a notice of default to 3AC for its failure to pay its 15,250 Bitcoin and 350 million USDC loan. Troubled cryptocurrency venture capital firm Three Arrows Capital (3AC) is facing more uncertainty...
Compound (COMP) Bounces After Fall to New All-Time Low
Compound (COMP) has broken out from a short-term descending resistance line. It is now consolidating inside a corrective pattern. COMP has been falling since reaching an all-time high price of $911 in May 2021. The downward movement has so far led to a new all-time...
Tumbling Price of Stolen Crypto Spells Trouble for North Korea
The recent market crash has led to the value of stolen crypto held by North Korea to drop by over 60%. The total value of the stolen crypto it holds is estimated to be $65 million, down from $170 million at the start of the year, reported Reuters. North...
Bitcoin advocate criticized for backing wallet authentication project
After being swarmed by critics, Bitcoin advocate Nic Carter asked crypto Twitter to unfollow him if they disagree with any of his investments. Crypto Twitter has gone after Nic Carter, a prominent advocate of Bitcoin (BTC), for his involvement in Dynamic, a...
Russian Parliament Adopts Tax Rules for Digital Assets
Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, the burden for Russian companies will be reduced as compared to...
A Major Crypto Exchange Abandons Ethereum: Is the World’s Computer Falling Behind?
By ditching Ethereum for Cosmos, dYdX has sparked claims that it has chosen sovereignty over security. Original Source: coindesk A Major Crypto Exchange Abandons Ethereum: Is the World’s Computer Falling Behind?
Alkemi Earn integration brings DeFi lending to 1.5M Ledger users
The objective of the Ledger project is to provide consumers with a way to purchase and use digital assets without giving up control to third-party platforms or systems. The Alkemi Earn app has been added to the hardware wallet Ledger's Discover area,...
Crypto market crash wipes out millions from North Korea's stolen crypto funds
While North Korea leads the world in crypto crime, crypto analytic firms have estimated that DPRK hackers have found it increasingly difficult to launder stolen crypto funds. North Korea leads the world in crypto crime, with over 15 documented instances of cyber theft...
Cappasity to Launch the Solution for Creating NFT-Based Loyalty Programs
PRESS RELEASE. SANTA CLARA, CA, June 29, 2022/ — Cappasity provides solutions for 3D digitizing of products for online stores and classifieds. Soon, the platform will offer an NFT service, allowing store owners to create a new communication and marketing...
Crypto Fund Three Arrows Capital Ordered to Liquidate: Report
The Singapore-based crypto fund Three Arrows Capital has been ordered to liquidate, according to recent reports. Original Source: decrypt Crypto Fund Three Arrows Capital Ordered to Liquidate: Report
Terraform Labs May Have Manipulated Prices Using Billions in Stablecoins
Terraform Labs and the Luna Foundation Guard (LFG) may have conducted price manipulation using billions in stablecoins, a report alleges. Blockchain security company Uppsala Security and CoinDesk Korea jointly conducted an investigation into the flow of...
Three Arrows Capital Liquidation Ordered in British Virgin Islands
The liquidation of crypto hedge fund Three Arrows Capital (3AC) has been ordered in a court in the British Virgin Islands, according to a report by Sky News. Original Source: coindesk Three Arrows Capital Liquidation Ordered in British Virgin Islands
Three Arrows Capital Liquidation Ordered in British Virgin Isles: Report
The liquidation of crypto hedge fund Three Arrows Capital (3AC) has been ordered in a court in the British Virgin Islands, according to a report by Sky News. Original Source: coindesk Three Arrows Capital Liquidation Ordered in British Virgin Isles: Report
Bitcoin Dips Under $20K on Blunted Growth Sentiment as Spain Fuels Inflation Concerns
Traders assessed revived concerns of inflation and growth for the coming months. Original Source: coindesk Bitcoin Dips Under K on Blunted Growth Sentiment as Spain Fuels Inflation Concerns
Chia Aims to Take on Ethereum, Solana With NFTs. Will They Blossom?
Bram Cohen’s storage-based crypto network Chia just launched NFTs on its mainnet. Can a robust market sprout from the new standard? Original Source: decrypt Chia Aims to Take on Ethereum, Solana With NFTs. Will They Blossom?
Rad Rabbits NFT Launches Rainbow Rabbits for Pride Month
As Pride Month comes to end this June, Rad Rabbits is pleased to announce its latest NFT collection will be dedicated to celebrating Pride. The unique and exclusive NFT collection was created to become a community that champions uniqueness and inclusivity. ...
Anchorage launches Ethereum staking for institutional investors
Anchorage's new service comes in anticipation of the Ethereum network’s long-promised shift proof-of-stake consensus. Anchorage Digital, a San-Francisco-based digital platform that owns the first federally chartered crypto bank, will open an option to stake the...
Chainlink Market Cap Sank More than $1.7 Billion in May
Chainlink (LINK) was among the cryptocurrencies that lost more than $1 billion in value due to the negative market sentiment that engulfed the decentralized finance (DeFi) space in May. Chainlink remains a top 25 digital asset by market capitalization. LINK...
Bitcoin Dips Below $20,000 as Crypto Market Pressure Intensifies
Amid yet another crypto market correction, the price of Bitcoin fell to a weekly low under $20,000 on Wednesday morning. Original Source: decrypt Bitcoin Dips Below ,000 as Crypto Market Pressure Intensifies
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