CoinspeakerSony Bank to Conduct Stablecoin Trial on Polygon Sony’s attempt to perform its stablecoin trial on Polygon’s blockchain is significant as the network boasts a huge user base, thus allowing the firm to optimize the advancement and potency of the project. Sony Bank to Conduct Stablecoin Trial on Polygon
Read More »Terraform Labs Trial Wraps with Jury Verdict, Faces Severe SEC Penalties and Sanctions
CoinspeakerTerraform Labs Trial Wraps with Jury Verdict, Faces Severe SEC Penalties and Sanctions Terraform Labs is set to deliver their final arguments in a civil fraud trial accused of defrauding investors with the TerraUSD stablecoin, which led to $40 billion in losses and wider crypto market havoc in 2022. Terraform Labs Trial Wraps with Jury Verdict, Faces Severe SEC Penalties and Sanctions
Read More »The Resurgence of Crypto Investments in Q1 2024
CoinspeakerThe Resurgence of Crypto Investments in Q1 2024 The first quarter of 2024 has marked a significant turning point for the crypto industry, with venture capital (VC) investments witnessing a substantial rebound, breaking a two-year downtrend. The Resurgence of Crypto Investments in Q1 2024
Read More »Grayscale Drops Cardano From Its Large Cap Fund, ADA Price Down Over 12% This Week
CoinspeakerGrayscale Drops Cardano From Its Large Cap Fund, ADA Price Down Over 12% This Week Grayscale Investments, a subsidiary of Digital Currency Group (DCG), announced on Thursday that it has henceforth dropped ADA and ATOM from its Grayscale Digital Large Cup Fund. Grayscale Drops Cardano From Its Large Cap Fund, ADA Price Down Over 12% This Week
Read More »Bitcoin Cash Analysis: Uptrend Intact Above $620
Bitcoin cash started a strong increase above the $550 and $580 levels against the US Dollar. The price is now trading above the $600 zone and the 55 simple moving average (4 hours). There is also a key bullish trend line forming with support at $625 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $695 and $700 to continue higher in the near term. Bitcoin cash price is climbing above $620 against the US Dollar, like Bitcoin....
Read More »Ripple Announces Plan to Launch a Multichain USD-backed Stablecoin
CoinspeakerRipple Announces Plan to Launch a Multichain USD-backed Stablecoin The new Ripple-backed stablecoin on the XRPL and Ethereum networks will significantly improve XRP’s liquidity through the recently unveiled AMM. Ripple Announces Plan to Launch a Multichain USD-backed Stablecoin
Read More »The Evolving Battlefield of Crypto Security: HACK3D Report by CertiK
CoinspeakerThe Evolving Battlefield of Crypto Security: HACK3D Report by CertiK In the first quarter of 2024, the digital frontier witnessed an escalation in cybersecurity incidents, with the blockchain and cryptocurrency sectors at the epicenter of this digital turbulence. The Evolving Battlefield of Crypto Security: HACK3D Report by CertiK
Read More »Wormhole Bridge Hacker Was Eligible for $50,000 in W Tokens from Recent Airdrop
CoinspeakerWormhole Bridge Hacker Was Eligible for $50,000 in W Tokens from Recent Airdrop The hacker involved in the 2022 exploit of the Wormhole ETH-SOL bridge could have received up to $50,000 from Wormhole's recent airdrop. Wormhole Bridge Hacker Was Eligible for $50,000 in W Tokens from Recent Airdrop
Read More »Frax Finance’s Strategic Leap into the Cosmos Ecosystem
CoinspeakerFrax Finance’s Strategic Leap into the Cosmos Ecosystem In a significant move for the DeFi space, Frax Finance has announced its expansion into the Cosmos ecosystem, partnering with Noble, the on-chain asset issuance blockchain. Frax Finance’s Strategic Leap into the Cosmos Ecosystem
Read More »EOS Price Analysis: Risk of More Losses Below $0.95 Escalates
EOS price started a fresh decline after it failed to clear $1.1350 against the US Dollar. The price is now trading below $1.050 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $1.10 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $1.00 and $1.020 resistance levels. EOS price is struggling below $1.020 against the US Dollar,...
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