Crypto news

The past seven days didn’t turn out very well for the broader cryptocurrency market as the total capitalization decreased by roughly $60 billion. It was a week filled with ups and downs, so let’s unpack. This time seven days ago, Bitcoin was trading slightly below $21K, but things quickly took a turn for the worse. The cryptocurrency decreased to $20K and eventually fall below this critical level on Monday, August 29th. It was then the back and forth started. On Tuesday, BTC...

Australia and crypto are becoming a huge pair, which is why so many people in the nation flocked to the Celsius Network earlier in the year to obtain potential interest on their coins. Thus, we can understand that many of them are not too happy about what’s occurred with Celsius over the past few weeks. Celsius Customer in Australia Are Going Through a Tough Time Things got off to a very rocky start when the crypto lending platform decided to halt all withdrawals a few...

[PR – Singapore, Singapore, 2nd September, 2022, Chainwire] Unlocking access to pre-public markets is one step closer to reality with prePO’s upcoming governance and utility token launch. prePO, the first decentralized trading platform for pre-IPO stocks and pre-IDO tokens, has announced its PPO Token Presale, commencing September 20th on Arbitrum. PPO is prePO’s governance and utility token, designed to incentivize high-quality, active participation and long-term alignment....

[PR – Singapore, Singapore, 1st September 2022, Chainwire] Founded in 2021, Mintology is launching a new concept to the market this year, allowing brands of any size to connect with customers, fans and prospects by giving away NFTs at no cost. The NFTs are used as a claimable and marketing tool. The initiative was launched alongside the largest global NFT conference, NFT NYC. At the conference, some of the largest players in the NFT world show off their various products....

August’s monthly candle closed in the red. However, it was a month filled with volatility where the bulls dominated the market until the middle of the month and managed to record a high of $2031. At that point, bears intercepted and pushed the price towards $1420. In any case, all eyes are now on September as we enter the month when the Merge is expected to take place. Technical Analysis By Grizzly The Daily Chart In the daily timeframe, buyers appeared strong this week. They...

[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,...