Crypto news

[PR – Shanghai, China, 1st September, 2022, Chainwire] Conflux, the only regulatory-compliant public blockchain in China, was recently named one of the ‘Leading 100 Emerging Giants in Asia Pacific’ in a report released by KPMG and HSBC. Conflux was among just five crypto startups to make it to the report’s top 100 startups list alongside Hyperchain Technology, Stader Labs, Maicoin, and Catheon Gaming. The KPMG HSBC report sheds light on the diversity and depth of innovators...

[PR – Please read disclaimer] The leading digital asset and cryptocurrency trading platform MEXC firstly introduces 0 maker fee rate offering for all spot trading users from since August 31st. The 0 maker fee policy applies to all spot trading pairs on MEXC. This marks a ground-breaking level of user experience that has been brought to the crypto space for all traders. For now, reports show that MEXC reaches a spot daily trading volume of $1.6B, and more than 1,500 trading...

It’s happened again, folks. Another digital currency heist is in the books. This time, it’s cryptocurrency bridge platform Nomad that’s the latest victim of a cyberattack, having lost as much as $190 million at the time of writing. Nomad Has Lost a Lot of Money Nomad is a unique company in the sense that it bridges blockchains together. This makes several blockchain technology platforms compatible and opens a lot of doors that would often prevent digital currency...

INTERNET CITY, DUBAI, Aug. 31, 2022 – LBank Exchange, a global digital asset trading platform, has listed UNIPAY (UNIP) on August 31, 2022. For all users of LBank Exchange, the UNIP/USDT trading pair is now officially available for trading. As a blockchain based payment system, UNIPAY (UNIP) simplifies the payment related procedures, provides fast remittance process speed, and removes reason for dispute with simplified data and archive. It’s native token UNIP has been...

In a public announcement on Monday, the Federal Bureau of Investigation (FBI) warned investors about security vulnerabilities in DeFi platforms. It also asked those who suspect that their investments have been stolen to approach the FBI through the Internet Crime Complaint Center (IC3) or the local FBI office. DeFi Vulnerabilities “Between January and March 2022, cybercriminals stole $1.3 billion in cryptocurrencies, almost 97 percent of which was stolen from Defi platforms,...

A cryptocurrency muckraker is learning the hard way that fake DMCA takedowns can affect even the most basic material. Dirty Bubble Media – a newsletter hosted on Substack – has covered many shady elements of the crypto world for the past two years. The division has enjoyed heavy readership since its earliest days, but it was recently taken down over allegedly false claims of copyright infringement. Dirty Bubble Media Is Suffering This appears to be a recurring theme not...

Bitcoin cash price started a fresh decline from the $140 zone against the US Dollar. The price is now trading below the $130 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $124 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of more losses below the $112 and $110 support levels. Bitcoin cash price is moving lower below $130 against the US Dollar, similar to...

The crypto unit of Silicon Valley Andreessen Horowitz (a16z) is all set to release a set of free, public “Can’t Be Evil” licenses. The firm has designed the licenses specifically for non-fungible tokens (NFTs) and is inspired by the work of Creative Commons. As per the official press release, the community can freely use these licenses, which come with certain goals in mind. This includes – helping NFT creators protect or release their intellectual property (IP) rights and...

The world-leading NFT marketplace OpenSea has publicly declared its support for the Ethereum Merge later this month.  As such, it will not support any speculative Ethereum forks that follow its activation – such as a potential ETHPoW fork.  The marketplace confirmed its support for the Merge in a tweet on Wednesday. “We are committed to solely supporting NFTs on the upgraded Ethereum PoS chain,” it read. It also noted that any NFTs circulating on a possible ETHPoW fork, after...

Jim Crame is back at it again with yet another U-turn in terms of his cryptocurrency stance. He called bitcoin and altcoins speculative assets and warned individuals to refrain from investing in them. In the past few years, Cramer has displayed a somewhat controversial view of the crypto sector. In 2021, he insisted on receiving his salary in bitcoin. Following the major price correction, though, he abandoned those plans, selling almost all of his BTC holdings. “Don’t get...