Cryptocurrency News Feed

Reports show a vast majority of the American populace has been worried about rising inflation and as the weeks roll by, the financial situation continues to look grim. US Senator: ‘There’s No Justification for the Fed to Maintain Its Purchases’ A few analysts believe the upcoming two-day meeting held by the U.S. central bank’s Federal

Bitcoin price like a flash of lightning shot up by more than $5,000 in the last 48 to 72 hours, and the forecast just turned from cloudy with a chance of downside to much sunnier days for bulls ahead. In fact, one technical indicator points to at least $46K from here, and shows that there’s very little resistance above this left stopping Bitcoin from continuing to set new all-time highs. The Current Crypto Market Price Action “At A Glance” When markets move sideways for an extended period of time, it can be tricky to tell which direction the asset will head next once the range ultimately breaks. Throw a speculative asset like Bitcoin […]

Amazon is reportedly planning to accept bitcoin for payments, after which the company will roll out support for other major cryptocurrencies. “The directive is coming from the very top … Jeff Bezos himself.” Amazon’s Crypto Project ‘Ready to Roll’ Following the news of Amazon seeking to hire a digital currency and blockchain lead, City A.M.

Bitcoin trades at the high of its current range after a short squeeze pushed it beyond all resistance levels. The first cryptocurrency by market cap records a 13% profit on the daily and a 21.1% profit on the weekly chart and trades at $38,622. The move to the upside came as a surprise for most of the traders as Bitcoin’s price on Binance Futures even managed to break above $48,000 for a brief moment. Funding rates across exchange platforms were negative and have since turned positive as traders seem to expect further upside. QCP Capital claims that the general sentiment in the market has flipped “decisively bullish into the weekend”. […]

NFTs have proven to be the darling of the blockchain. With notable artists, musicians and even sports stars releasing their own private pieces and collections. The most notable milestones were the Beeple piece, THE FIRST 5000 DAYS, which was auctioned off at Christie’s for $69 million. This proved to be a turning point for digital art and NFTs, which had gone from a place of digitized meme’s like Jack Dorsey’s first Tweet, gifs and songs, to an awakening of modern art, More than just collectible, this was a way that the art world could display more pieces to more people. It took art away from the few, where a piece attached to […]

Bitcoin price continues to see incredible movements over the past 24 hours. The price of the coin has moved over 10% as the crypto market sees increasing momentum. The movement comes hot on the heels of the news breaking of rumors of Amazon integrating bitcoin payments in their platform. The market seems to have taken this and just run with it. Although the news is yet to be confirmed, investors continue to rush to buy the digital asset. The price surge has led to hundreds of millions of shorts being liquidated in just a 24-hour time frame. So far, the market has seen over $1 billion shorts liquidated in just 24 hours as bears take hit after […]

The Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain network secure by encouraging bug bounty hunters and ethical hackers. Binance Smart Chain Reveals $10 Million Bug Bounty Fund ‘Priority One’ Security experts and bug

The price of bitcoin jumped over 15% in a matter of three hours on Sunday evening and came awfully close to the $40K handle. Since then, the crypto asset has dropped back a few percentages and currently hovers above the $38K range. The entire cryptocurrency economy has spiked 9.72% rising to $1.53 trillion in overall

Decentralized Finance (DeFi) has become more and more popular in the past few months. According to the statistics, by Q1 ’21, the overall monthly trade volume has almost tripled compared to December 2020 ($25 billion). The average daily DEX trade volume grew from $0.71 billion to $2.26 billion — a quarterly rise of 318%. Don’t let it catch you by surprise, but even adult bloggers started to yield farm and are currently earning a profit on DEXs. Although the rapid growth is evident, DeFi is yet a Wild West market – half of all thefts in 2020, totaling $129 million, were DeFi-related hacks. Today we want to share with you the story […]

PRESS RELEASE. Santo Blockchain Labs have joined forces with French artist Jerome Peschard to create an XR-NFT art series like nothing the crypto market has seen before. 26th July 2021, Ho Chi Minh City, Vietnam — Santo Blockchain Labs, a creative blockchain software development company has joined forces with renowned French pop artist Jerome Peschard,

Attackers are abusing an attack vector present in one of the most popular execution engines (Argo Workflows) to repurpose Kubernetes systems to mine cryptocurrencies. The attack exploits a vulnerability in the system of permissions of Argo Workflows machines connected to the internet, deploying malicious workflows that install Monero-based containers. Attackers Leveraging Argo Workflows for Crypto

The upcoming Tesla Q2-2021 earnings call, which will be announced this Monday after market hours, will at last shed some light on what has happened with the company’s bitcoin holdings. The company held more than 1.5 billion dollars in bitcoin on Q1 and has reported only one sale to “test the market’s liquidity” according to

FTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x. Prior to the change, FTX supported 50x, 100x, and 101x leverage but Bankman-Fried said these high leverage positions represent “a tiny fraction of volume.” FTX CEO Announces Cutting Leverage Limits, 2x

CNBC’s stock analyst and crypto investor Jim Cramer says he’s still bullish on his choice to invest in ethereum after removing bitcoin from his portfolio. Three days ago, Cramer tweeted that he’s “sticking with” his ethereum position “but not adding to it.” Jim Cramer: ‘Ether Is a Pied Piper Security’ A number of CNBC broadcast

Bitcoin price started a strong upward move above the $35,000 resistance against the US Dollar. BTC is showing positive signs and it could rally further above $40,000. Bitcoin started a strong increase above the $33,000 and $35,000 resistance levels. The price is now trading well above $35,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $35,500 with resistance near $31,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct gains, but the bulls are likely to remain active near $37,000. Bitcoin Price Surges above $38,000 Bitcoin price found a strong […]

A portfolio strategist for American financial services firm Morningstar says that cardano could become a mainstream cryptocurrency alongside bitcoin and ether, forming a “big three” of mainstream cryptocurrencies. Strategist Believes Cardano, Ether, Bitcoin Could Become Mainstream Cryptocurrencies Amy Arnott, a cryptocurrency-focused portfolio strategist at Morningstar, shared her views on crypto regulation, ether, and cardano in

New Jersey, Texas, and Alabama have individual state regulators issuing concerns that New Jersey-based DeFi firm, BlockFi, is offering unregistered securities. Regulators seem to particularly point to BlockFi’s Interest Account (BIA), which offers rates that consumers are now becoming accustomed to in DeFi – but that have blown traditional banking rates out of the water. The ‘Unusual Three’ Crypto in it’s relatively early emergence in discussions around regulation and broader adoption, has largely been considered a somewhat bipartisan topic. Which makes the three states going after BlockFi a particularly unusual trio. New Jersey, […]

The Tether general counsel has declared an official audit in few months. USDT is a popular stablecoin occupying the third position in global digital assets. As it’s on blockchain that cybersecurity experts deem unhackable, the majority today trusts its security. Related Reading | Cardano Aims To Facilitate Users With Smart Contracts However, many people in the crypto community have been waiting for a financial audit of the stablecoin. Now, it seems that the ongoing regulatory issues in the crypto industry have galvanized the Tether team into action. As a result, they’re declaring that an audit will take place soon. Tether Executives […]

Software development studio Uniswap Labs (UL) announced the restriction of certain tokens via the app.uniswap.org domain. The company claims to be taking part in “creating a better” financial system and has taken the decision after reviewing the regulatory landscape and the actions of other “DeFi interfaces”. The token removed from the domain represented a “very small portion of overall” trading volume on the platform, UL claims. Amongst the restricted tokens is Gold Tether (XAUt), Grump Cat (GRUMPY), iAAVE, iADA, iBNB, sAPPL, sCOIN, and many more related to options, tokenized stocks, and securities from traditional companies. […]

A series of attacks compromised several Binance Smart Chain (BSC) projects in May. Following PancakeBunny, its three forks projects — AutoShark, Merlin Labs, and PancakeHunny — were also attacked using similar techniques. PancakeBunny suffered the most costly attack of the four, which saw nearly $45M in total damages. In this article, Dr. Chiachih Wu, Head of the Amber Group Blockchain Security Team, elaborates on the details behind the attacks on the three copycats. Copycats AutoShark was attacked five days after PancakeBunny, followed by Merlin Labs and PancakeHunny, respectively. The following is an analysis of the problems and […]

Tatum, a blockchain development platform, has announced it now supports Polygon, the network for Ethereum scaling and infrastructure development. To build apps for Polygon or Ethereum, one needs to learn Solidity and have access to blockchain nodes. For many developers, learning a new programming language and maintaining nodes can be time-consuming, expensive, and generally difficult. The post Blockchain development platform Tatum now supports Polygon network appeared first on CryptoNinjas.

Ubitquity, an enterprise blockchain-secured platform for real estate and title recordkeeping, today announced that it has officially launched its SmartEscrow.us website for the United States markets. “SmartEscrow is a game-changer for buyers who want to purchase real estate with their cryptocurrency. The launch of SmartEscrow.us will act as an initial online portal for those buyers, title The post Blockchain title platform Ubitquity launches SmartEscrow.us to buy real estate with crypto appeared first on CryptoNinjas.

​​​​​SynFutures, a decentralized derivatives exchange, has announced it will launch Bitcoin (BTC) hash rate futures, a derivative that enables trading on an important risk factor affecting the return on mining Bitcoin. Starting today, users of SynFutures can begin trading Bitcoin mining difficulty with wrapped BTC. Why Launch Due to the mining difficulty adjusting mechanism embedded The post SynFutures launches Bitcoin (BTC) hash rate futures contract appeared first on CryptoNinjas.

The team of advanced blockchain smart contracts platform Avalanche has announced that Chainlink Price Feeds are now live on the Avalanche mainnet. This offers ecosystem developers seamless access to the most secure and highest quality price reference data across a variety of asset classes. Chainlink’s Price Feeds empower smart contract developers to build advanced DeFi The post Chainlink now live on Avalanche to enable advanced DeFi apps appeared first on CryptoNinjas.

Animoca Brands, a provider of digital entertainment, blockchain, and gamification technologies, along with venture accelerator Brinc, today announced the launch of Launchpad Luna, a new accelerator program to identify, mentor, and invest in promising blockchain and non-fungible tokens (NFT) startups. Launchpad Luna will also accept high-potential startups seeking to adopt blockchain and NFTs into their The post Animoca Brands and Brinc open new NFT accelerator: Launchpad Luna appeared first on CryptoNinjas.

Vega, an open protocol for creating derivatives allowing any blockchain to leverage its high throughput, has announced the closure of its $43M token sale on CoinList with over 21,000 unique participants. With Vega, market makers can not only launch and customize any derivatives product, they can align incentives between passive and active liquidity providers and The post Blockchain derivatives trading protocol Vega closes $43M token sale on CoinList appeared first on CryptoNinjas.

BitMEX, the popular crypto derivatives trading platform, today announced the launch of the BitMEX ALTMEX Basket Index (.BALTMEX) and the BitMEX DEFIMEX Basket Index (.BDEFIMEX), which track the performance of the top ten cryptocurrencies in the altcoin and DeFi markets, respectively. With this launch, BitMEX has also introduced the ALTMEXUSD and DEFIMEXUSD Quanto Perpetual Swaps The post BitMEX lists new altcoin and DeFi derivatives contracts based on basket indices appeared first on CryptoNinjas.

FTX, the popular operator of cryptocurrency exchange FTX.com. today announced the closing of a $900 million Series B fundraise, valuing the company at $18 billion. The new financing round aims to expand FTX’s global presence, accelerate growth, and represents one of the largest raises for a crypto company. Over 60 investors participated in the $900M Series B, The post Crypto exchange FTX closes $900M Series B funding to continue growth appeared first on CryptoNinjas.

Neon Labs, a company building secure blockchain solutions, announced today that it will be deploying its cross-chain EVM solution on the Solana testnet. The Neon EVM allows any dApp in the Ethereum ecosystem access to Solana’s high throughput as well as lower gas prices without needing code changes. The Neon EVM creates a compatibility layer The post Neon Labs deploys its cross-chain EVM solution on the Solana blockchain appeared first on CryptoNinjas.

KeeperDAO, an MEV protection protocol on Ethereum, announced today a major update to its DeFi platform. KeeperDAO has introduced a smart contract-based borrowing and liquidation protection service; that gives borrowers the most profitable way to open or upgrade a borrow position on Compound. The KeeperDAO borrowing platform is composed of three unique products that form The post DeFi app KeeperDAO introduces new smart contract borrowing and liquidation protection appeared first on CryptoNinjas.

Connext, a protocol for non-custodial transfers and contract calls between EVM-compatible systems, announced today it has teamed up with blockchain development platform Alchemy, to support Connext. By working together, Alchemy is able to help Connext focus on building a user-friendly experience through a robust, fast, and scalable node solution. This integration comes after Connext’s recent The post EVM liquidity protocol Connext to build multi-chain Ethereum ecosystem with Alchemy appeared first on CryptoNinjas.

LCX, the Liechtenstein Cryptoassets Exchange, today announced a strategic partnership with Hedera Hashgraph. LCX is expanding its platform for the Hedera Hashgraph network to establish a new gateway for security tokens and tokenized digital assets. With this new partnership, Hedera will leverage the technology infrastructure of LCX to expand the Hedera Token Service (HTS). Further, The post Hedera Hashgraph and LCX team up to develop new security token infrastructure appeared first on CryptoNinjas.

Lithium Finance, a decentralized data oracle solution, announced today it will host its IDO on Polkastarter on August 5th. Polkastarter is a fully decentralized protocol for launching new ideas. With Polkastater, projects can raise awareness, build a loyal community, and receive long-term support. “This comes after the successful launch of our pre-IDO on Convergence earlier The post Lithium Finance to host IDO on Polkastarter to build out data oracle solution appeared first on CryptoNinjas.

ICON, a protocol of interconnected networks aggregating blockchain data into one layer, today announced the launch of a brand new blockchain project coming to ICON. This new blockchain, designated ICE, will bring about a new application hub for the ICON ecosystem. Upon completion, ICE will provide developers better tooling, EVM and eWASM compatibility, and immediate The post ICON readying launch of new EVM and eWASM-compatible blockchain: ICE appeared first on CryptoNinjas.

Axelar, a decentralized interoperability network that connects blockchain ecosystems, apps, and users, has raised $25m in its Series A funding, led by Polychain Capital. The funding will go towards scaling the network’s key integrations and providing more engineering resources for the team’s rapid expansion. In addition to Polychain Capital, notable investors in the funding round The post Axelar secures $25M Series A to grow its blockchain interoperability protocol appeared first on CryptoNinjas.

Ledgermatic, a digital treasury management platform, announced today it is now live and compatible with the Algorand ecosystem. Businesses that use the Algorand network, hold ALGO, and use native ASA tokens can leverage Ledgermatic as their custodian and back-office finance solution. Clients of Ledgermatic can view their positions and flows by geography, asset, and business The post Ledgermatic treasury and custody solution now live for the Algorand network appeared first on CryptoNinjas.

SCB 10X, the venture arm of Thailand’s oldest bank, has announced an investment in the decentralized finance (DeFi) sector via crypto-asset aggregator and portfolio dashboard, Ape Board. Ape Board provides a holistic view of users’ DeFi portfolios with actionable insights; enabling users to easily link investments across a variety of DeFi protocols on a single The post SCB 10X invests in new cross-chain DeFi aggregator platform Ape Board appeared first on CryptoNinjas.

PancakeSwap, the automated market (AMM) and yield farm platform built on Binance Smart Chain (BSC), today announced its mainnet integration of the Chainlink Verifiable Random Function (VRF). Chainlink VRF provides cryptographically secure randomness for blockchain-based gaming applications. It will provide a provably fair source of randomness used to select winners in Pancake Swap’s Lottery V2 The post PancakeSwap integrates Chainlink’s random number generator for lottery appeared first on CryptoNinjas.

ShapeShift, the popular non-custodial cryptocurrency platform, announced today that it has begun dismantling its corporate structure and decentralizing governance to its users via its FOX token. In a multi-step process (beginning with the airdrop), ShapeShift is dissolving all corporate structures. Subsequently, ShapeShift will open-source its entire code-base and technology; while instilling the FOX token with The post Crypto exchange ShapeShift fully decentralizes governance via native FOX token appeared first on CryptoNinjas.

NBA Brooklyn Nets basketball star and Calaxy Co-Founder Spencer Dinwiddie, announced today a partnership with SUKU’s carbon-negative INFINITE NFT Marketplace to issue the first non-fungible token (NFT) linked to a physically redeemable collectible. Using SUKU’s digital ledger-enabled tag, Dinwiddie has issued his signature, game-worn K8IROS crypto sneakers. The SUKU ledger verifies and secures the authenticity of this one-of-one NFT drop, The post K8IROS “crypto sneaker” NFT to be first physical collectible connected to SUKU’s distributed ledger appeared first on CryptoNinjas.