Crypto news

The fall of the fourth largest cryptocurrency began with an unannounced transfer of funds between trading pools on the night of May 7. It left the Curve pool with an imbalance on the side of Luna. This anomaly could have been set right as it’s not an entirely uncommon phenomenon. But in this case, the situation turned from bad to worse, writing off one of the most infamous network collapses in crypto history. In an interview, Do Kwon admitted that he believes...

Not long ago, Live Bitcoin News published an article discussing the new crypto regulations that the European Union (EU) was implementing. Now, we get a chance to meet the man responsible for bringing those regulations to the forefront. His name is Stefan Berger, and he’s a member of the European Parliament (MEP). Stefan Berger Wrote the Regulations Known as Market in Crypto Assets (MICA), the EU has implemented what many believe will be the ultimate legislation for...

Ethereum has experienced a 6.6% correction from the daily high it recorded at $2012. The critical support level lies in the price range between $1700 and $1800, and it is very important for ETH to keep above it to prevent any further declines. Technical Analysis By Grizzly The Daily Chart Ethereum is moving along inside a rising wedge (in yellow), which is technically a bearish pattern. Simultaneously, the trading volume on Binance is decreasing. This suggests that buyers are...

Anthony Pompliano has been a longtime crypto bull. He’s been working with co-founder Colton Sakamoto over the past 18 months to establish a new crypto firm known as Inflection Points, which focuses on creating crypto employment and business training for workers as the space becomes more mainstream. Anthony Pompliano Is Developing Inflection Point The company has managed to garner nearly $13 million in new funding, and the firm wants to help crypto companies connect with...

The Crypto Finance Group - comprising two FINMA-regulated financial institutions and part of Deutsche Börse Group - offers professional digital asset solutions. Crypto Finance (Asset Management) AG, der erste FINMA-bewilligte Verwalter von Kollektivvermögen für Krypto-Assets, tritt der Asset Management Association Switzerland (AMAS) als neues Mitglied bei. Es ist die erste Mitgliedschaft dieser Art, bei der ein regulierter, spezialisierter...

The Crypto Finance Group - comprising two FINMA-regulated financial institutions and part of Deutsche Börse Group - offers professional digital asset solutions. Crypto Finance (Asset Management) AG, the first regulated crypto asset manager for collective investments authorised by the Swiss Financial Market Supervisory Authority (FINMA) joins the Asset Management Association Switzerland (AMAS) as a new member. This first-of-its-kind membership,...

Stellar lumen price started a fresh increase above the $0.1250 resistance zone against the US Dollar. XLM price is now trading above $0.1250 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.1260 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.1250 and $0.1220 support levels. Stellar lumen price is trading above $0.1250 against the US Dollar, similar to...

INTERNET CITY, DUBAI, Aug. 12, 2022 – LBank Exchange, a global digital asset trading platform, will list Remitt USD (USDR) on August 15, 2022. For all users of LBank Exchange, the USDR/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on August 15, 2022. Aiming to improve money transfer and remittance business by facilitating AI technologies, Remitt provides fully-collateralized stablecoins with AI-powered P2P exchange-bot that offers additional...

Ripple price gained pace and cleared the $0.3650 resistance against the US dollar. The price is now trading above $0.365 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.3740 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise steadily if it stays above the $0.3720 and $0.3650 support levels. Ripple price is recovering above $0.3750 against the US Dollar, similar to bitcoin....

Polkadot’s decentralized finance (DeFi) hub Acala suffered a major attack on its newly launched liquidity pool on Sunday. The exploit allowed the hacker to mint more than 1.2 billion aUSD, the project’s stablecoin.  Shortly after the hack, the Acala team updated users on Twitter, noting that the exploit originated from a “misconfiguration of the iBTC/aUSD liquidity pool.” The misconfiguration has now been rectified, according to the project.  We have identified the issue as...