Crypto news

Users of MakerDAO, the organization behind DAI, will now be able to mint the stablecoin for free. This was made possible after an executive vote increased the debt ceiling for its stETH vault to 200 million DAI. The higher debt ceiling is expected to minimize its dependency on support from centralized collateral assets. As such, the governance voted on the proposal that sought to reduce the fees for six vaults. The main idea was to promote DAI mints against decentralized...

Wladimir van der Laan – the top developer of bitcoin and second in command to the legendary (and anonymous) Satoshi Nakamoto – is leaving the bitcoin project, and he says social media is the main reason for his resignation. Wladimir van der Laan Is Ready to Move On In a recent interview, Laan says that the number of “spats” he’s endured on social media – combined with his regular feelings of “burnout” – have caused him to step away. As one of the few individuals in the...

BitGo confirmed earlier today that it had filed a lawsuit against the Mike Novogratz-spearheaded company seeking damages in excess of $100 million. Galaxy Digital planned to acquire BitGo earlier this year but backed out of the deal recently. In a September 13 Twitter thread, BitGo confirmed the previous rumors about the lawsuit, saying it was filed on September 12. The company said it wants “more than $100 million” in damages “arising from Galaxy’s improper repudiation and...

INTERNET CITY, DUBAI, Sep. 9, 2022 – LBank Exchange, a global digital asset trading platform, will list AssetMantle (MNTL) on September 13, 2022. For all users of LBank Exchange, the MNTL/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on September 13, 2022. Redefining digital asset ownership, AssetMantle (MNTL) is a multi-tenant NFT marketplace framework that enables creators and collectors to securely mint, own, and trade digital assets on...

Crypto lending platform Celsius Network has received permission from the judge overseeing its bankruptcy case to sell all the bitcoin it holds. The company has overcome opposition from unsecured creditors, which helped the court to rule in the company’s favor regarding its crypto assets, though the firm is not allowed to sell any of its stock shares or other assets. Celsius Will Part with All Its Bitcoin Celsius has been feeling the heat as of late. Things started off...

The Consumer Price Index numbers for August are in, and, as always, this caused major volatility within the cryptocurrency markets. At the time of this writing, Ethereum, as well as Bitcoin, are charting initial declines. The US Bureau of Labor Statistics just updated the numbers for the Consumer Price Index for August and they are slightly above expectations. The August inflation locked in at 8.3%, which is 0.2% higher than what experts expected. This represents a 0.1%...

Deepfakes werden immer detailverliebter. Inzwischen fällt es zusehends schwerer die Fakes von authentischen Aufnahmen zu unterscheiden. Dies hat leider auch die Tür geöffnet für Betrugsfälle, bei denen Prominente wie Elon Musk vermeintliche Crypto-Angebote bewerben. Crypto News: Vorsicht bei Elon Musk Deepfake Cryptocoin-BetrugIm Cryptomarkt ist der Name Elon Musk wohl der einflussreichste. Daher überrascht es nicht, dass vor allem Musk immer wieder in Deepfakes auftaucht. In vielen dieser...

ADA price started a fresh increase above the $0.48 resistance against the US Dollar. The price is now trading above $0.48 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.484 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it stays above the $0.482 support zone. Cardano price is showing positive signs above $0.482 against the US Dollar, similar to bitcoin. ADA price could...

Ethereum price started a major increase above the $1,700 level against the US Dollar. ETH price is now trading above $1,640 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1,650 on the 4-hours chart (data feed from Coinbase). The pair could rally further if it clears the $1,800 resistance zone. Ethereum price is rising above the $1,640 level against the US Dollar. ETH/USD could rise further if it clears...

Near Foundation – the Swiss non-profit that oversees the development of Near Protocol – reportedly partnered with the VC firm Caerus Ventures to launch a $100M venture capital fund and venture lab. The main goal will be to support engineers, builders, and developers who work in the emerging Web 3 sector. Earlier this year, Near Foundation expanded its presence toward Africa, teaming up with the Kenyan blockchain community Sankore. Over the course of the agreement, both...