Despite his seemingly poor market timing, former U.S. President Donald Trump’s recently launched collection of digital “baseball cards” sold out within 24 hours of their release. The crypto community has reacted with amusement – especially given Trump’s prior statements berating crypto as a “scam.” Trump Has an NFT Collection? As CryptoPotato reported on Thursday, Trump’s NFTs – or “cards” – portray art representing parts of his life and career. The collectibles featured him...
Read More »Will Bitcoin Price Winter Continue in 2023? 8 Key Considerations
In 2022 Bitcoin, Ethereum, and the bevy of altcoins riding on the original gangster cryptocurrency’s very long coattails weathered their most brutal crypto winter to date. Of course, the cryptocurrency industry is eager for an end to the long, drawn-out Bitcoin price winter. From Bitcoin miners and mining pools to Layer-2 chain developers like the Lightning Network to crypto day traders and crypto investors – confidence is shaken, fear and greed are high, and the metaphorical...
Read More »Solana Protocol Raydium Hacked for $2 Million
Raydium – a Solana-based decentralized exchange (DEX) – was hacked for over $2 million on Friday. According to Raydium, the hacker appears to have taken control of the exchange’s admin address to carry out the attack. Over $2 Million Lost Raydium acknowledged the hack over Twitter, noting that investigations were still ongoing. It provided a link to the attacker’s account, which appears to hold $1.45 million worth of Solana-based tokens at writing time. Solscan shows that...
Read More »More Than $3 Billion in Silk Road Bitcoin Funds Appear
It’s been so many years, and yet the shadows of the dark web platform Silk Road are still with us. Silk Road operated under the illicit hand of Ross Ulbricht and was known for being a market where individuals could pay for drugs, guns, and other illegal items with bitcoin and cryptocurrency. A Lot of Silk Road Money Has Suddenly Turned Up Now, it appears the U.S. Department of Justice (DOJ) has seized more than $3 billion in BTC from a man that “unlawfully obtained”...
Read More »TrueUSD Launches TCNH, a TRON-Based Stablecoin Pegged to Offshore Chinese Yuan
[PR – San Francisco, United States, 15th December, 2022, Chainwire] We are thrilled to announce that the TrueUSD team is launching a new product called TCNH, which is a stablecoin pegged to Offshore Chinese Yuan (CNH) at 1:1. TCNH will be deployed on one of the fastest growing public blockchains, TRON, where users can obtain, hold, and trade the token. It is worth noting that TCNH is a stablecoin pegged to Offshore Chinese Yuan (CNH). By definition, offshore currencies are...
Read More »Bitcoin Rollercoaster on US Inflation Data, SBF’s Arrest, and MetaMask’s PayPal Collab: This Week’s Recap
The biggest news of the past seven days is undoubtedly the arrest of the former CEO of FTX – Sam Bankman-Fried. This took place on December 13th in the Bahamas at the request of the US Government. SBF now faces multiple counts of fraud charges, including criminal charges from the US DOJ. The US Bureau of Labor Statistics also published the numbers for the Consumer Price Index, which clocked in at 7.1%. The expectations were for 7.3%, which sent the markets, including Bitcoin,...
Read More »Metropoly Pre-Sale Raised 300k After Releasing Beta
[PR – British Virgin Islands, BVI, 15th December, 2022, Chainwire] The Metropoly presale for the METRO token has started successfully, with seven stages sold out and only three remaining. The METRO token presale started at $0.033 and will launch at a fixed price of $0.1. Metropoly has already managed to raise over $300,000 in its presale. The blockchain-based project aims to transform the real estate industry’s operations, bringing it into the digital age. Interest in...
Read More »Gaming Platform Azarus to list on Uniswap
[PR- San Francisco, USA, 13th December, 2022, Chainwire] Azarus will be hosting a keynote stream in partnership with Animoca Brands at 7am UTC on Wednesday, December 14th (11pm PST on Tuesday, December 13th) to reveal the imminent listing on Uniswap of the AzaCoin, an ERC-20 Token on Ethereum Mainnet, which will list on Uniswap on January 11, 2023. Founded in 2018, Azarus has been demonstrating that “streams are not TV” through its highly engaging Overlay Games. With Azarus,...
Read More »Abu Dhabi Creates the MEAACBA Organization to Organize and Regulate Crypto
Abu Dhabi has launched a new organization it’s calling the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA). The non-profit is built to bring industry leaders together to discuss the major challenges the crypto industry brings to the region and to see how best to integrate crypto into everyday life. The MEAACBA Will Seek to Strengthen the Crypto Space Among the financial companies that have already joined the MEAABA include Bit Oasis, a...
Read More »Crypto.com Received a Payment Institution License (EMI) in Brazil
The cryptocurrency exchange Crypto.com obtained a Payment Institution License (EMI) from the Central Bank of Brazil. The authorization will allow the firm to continue offering digital asset products and services to residents of the South American country. Getting a Nod From Brazil In a recent announcement, Kris Marszalek – CEO of Crypto.com – said the company is “incredibly proud” to secure an EMI license from Banco do Brasil. The greenlight enables it to provide services to...
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