Crypto news

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...

The U.S. Department of Justice released a statement on September 12 reporting that Nikhil Wahi, brother of ex-Coinbase product manager Ishan Wahi, pleaded guilty to committing cryptocurrency wire fraud using insider information sourced from his brother. Per the release, Nikhil Wahi faces up to 20 years of possible jail time. In addition, he will have to forfeit all unlawfully obtained monetary gains. Ishan Wahi, on the other hand, pleaded not guilty in early August to the...

The main opposition party in Canada – the Conservative Party – elected Pierre Poilievre as its new leader. Interestingly, the 43-year-old politician has displayed he is a keen supporter of bitcoin and a critic of the central bank, which allegedly worsened the inflationary environment in the country. Earlier this year, thousands of Canadians protested against the government’s pandemic restrictions. To fight the unrest, Justin Trudeau’s administration requested financial...

The asset management firm Fidelity is reportedly weighing plans to bring Bitcoin trading to individual investors on its brokerage platform.  If true, this would give 34.4 million retail customers at Fidelity access to the largest cryptocurrency by market cap.  Fidelity’s Next Bitcoin Foray The claim is according to people familiar with the matter who were contacted by the Wall Street Journal.  It was also predicted by Galaxy Digital CEO Mike Novogratz, who said that...

The non-profit organization behind the development of the Algorand blockchain infrastructure – Algorand Foundation – has confirmed a $35 million USDC exposure to Hodlnaut. Additionally, it said it is pursuing all legal remedies to maximize asset recovery from the embattled crypto lender. Despite the hole in the balance sheet, the organization does not expect to trigger any operational or liquidity concerns. The Algorand Foundation, in an official announcement, said these...

Ethereum’s pending transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) can trigger new risks for the troubled crypto lender – Hodlnaut. The Singapore-based company was one of several firms in the crypto industry that succumbed to the pressures of the downturn after the collapse of Terra ecosystem tokens. According to a new report, Hodlnaut has warned of risks to its assets if the Merge fuels a “bout of volatility in virtual coins.” As such, sudden price movements in...

Bitcoin’s hash rate continues to move in contrast with the asset’s price as it charted yet another new all-time high recently. This comes even after the latest substantial mining difficulty increase, which was the largest in over six months. Bitcoin Hash Rate New ATH The hash rate is an essential metric in the BTC network as it shows its robustness based on the number of active miners and the computational devices they have plugged into it. Generally, it declines during the...