The usability of cryptocurrencies is growing despite the market challenges in the past few months; many projects have come up with new use cases in NFT, DAO, and DeFi. Despite this development, the crypto market has recently suffered many hacks, which is scary because no investor will want to invest in tech and lose his money to hackers. Crypto investors lost $2 billion to hacks in 2022. The figure is expected to grow rapidly because crypto investors have lost more funds...
Read More »Crypto Exchange Wazir X Accused of Money Laundering
Wazir X – a large and popular digital currency exchange stationed in India – is currently the subject of a financial probe that executives say they’re cooperating with. At the time of writing, the company’s bank balances have been frozen by the Enforcement Directorate (ED). Wazir X Is Being Questioned A spokesperson for the exchange recently stated in an interview: We have been fully cooperating with the Enforcement Directorate (ED) for several days and have responded to...
Read More »$33 Million Worth of Staked ETH Removed from Curve by Three Arrows Capital Wallet
For the first time in roughly 10 days, one of the wallets associated with the troubled cryptocurrency hedge fund, Three Arrows Capital, has moved some funds. On-chain data reveals that the address removed $33 million worth of stETH (staked ETH) from the Curve liquidity pool, alongside roughly $2 million worth of BTC. Data from Etherscan reveals that an address associated with Three Arrows Capital has removed some $33 million (20,945 stETH) from the Curve Liquidity Farming...
Read More »Ready, Set, Go! Apex Doodles Launches its Genesis NFT Collection on OpenSea
[PRESS RELEASE – Please Read Disclaimer] Ever since non-fungible tokens started taking over the world last year, the place to go for buying, selling, and overall interacting with these digital assets has been OpenSea. Being an NFT-related project, it’s an essential step of your growth and development to launch your own collection on the leading marketplace, which is why Apex Doodles – an innovative protocol combining the world of NFT and racing together – has decided to...
Read More »ETH at Highest Levels Against BTC Since December 2021, What’s Next? (Ethereum Price Analysis)
Ethereum has resumed its upward trajectory in recent days. This happened after the bears failed to push the price below the support level of $1,420. The positivity is also highlighted by the fact that Ethereum is trading at its highest price against Bitcoin since December 2021. Technical Analysis By Grizzly The Daily Chart At the end of August, the bears managed to retrace the July gains and pushed the price towards the 61.8% Fib level, which lies at $1,420. The important...
Read More »GreenPower Network and Global Smart Energy Source Provider to Develop NFT and Energy Tracking System
[PRESS RELEASE – Please Read Disclaimer] With an official public launch scheduled for later this year, GreenPower Network lays out how GPN members can use the use-to-earn metaverse platform as a vehicle for daily rewards. The newest X-to-Earn app release encompasses the social, competitive, gamified, and sustainability-focused aspects that GreenPower Network will include to help players use Energy in a sustainable manner. The GreenPower Network EnergyFi platform is one of...
Read More »ChocoDoge: Innovating Entertainment with NFT
Entertainment is often deemed as a source of expenditure. But having a source of entertainment that ensures a passive return with a high yield rate seems implausible. ChocoDoge is an excellent platform for people to delve into high-profit earning entertainment activities. CHOCODOGE is an algorithmic stablecoin created for DOGECHAIN, Inspired by Tomb, Frax, and other stablecoins that existed before, its purpose is to become a stable coin that will efficiently peg to $1....
Read More »Crypto Exec Bankman-Fried Spends Big on Politics
Sam Bankman-Fried – crypto billionaire and head executive of FTX, one of the largest (and newest) digital currency platforms in the world – is spending millions of dollars on this year’s midterm elections. He has stated in recent interviews that he expects to spend more than $100 million, though people shouldn’t be surprised if he spends up to a billion. Sam Bankman-Fried: How Much Will He Spend? At the time of writing, Bankman-Fried has a net worth estimated to exceed...
Read More »ORDADATA (ORDA) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Sep. 2, 2022 – LBank Exchange, a global digital asset trading platform, has listed ORDADATA (ORDA) on September 2, 2022. For all users of LBank Exchange, the ORDA/USDT trading pair is now officially available for trading. Aiming to reduce the investment loss range and improve the level of investment for users around the world who invest in cryptocurrency, ORDADATA (ORDA) provides various global services with essential elements of investment, such as...
Read More »Cardano (ADA) Price Analysis: Bulls Aim Fresh Surge To $0.60
ADA price started a fresh increase above the $0.45 resistance against the US Dollar. The price is now trading above $0.47 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.480 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it stays above the $0.480 support zone. Cardano price is showing positive signs above $0.480 against the US Dollar, similar to bitcoin. ADA price could...
Read More »