Crypto news

CNBC Mad Money host Jim Cramer’s name has become almost synonymous with finance television. But that hasn’t stopped him from giving some regrettable investment advice over the course of years. Despite being a prominent personality in the finance world for decades, his deeply ill-fated predictions have attracted significant ire from the community. On a lighter note, another well-known trader is now inverse trading against him. Crypto trader AIgod is the one behind the cheeky...

Coinbase is being sued by one of its users for failing to keep its customers’ accounts accessible in periods of high market volatility. Acting on behalf of all Coinbase wallet and account holders, plaintiff George Kattula alleges that the exchange “does not properly employ standard practices to keep consumers’ accounts secure”. Unkept Promises at Coinbase? According to the plaintiff’s filing, Coinbase “improperly and unreasonably locks out its consumers from accessing their...

An attacker trying to steal funds from Rainbow Bridge on Saturday was stopped within 31 seconds, losing 5 ETH in the process. Alex Shevchenko – CEO of Aurora Labs – broke down how the protocol mounted its automated defense, without needing an immediate response from the security team.  Another Successful Bridge Defense In a Twitter thread on Monday, Shevchenko said that someone attempted to send a fabricated NEAR block to the Rainbow Bridge smart contract.  Rainbow Bridge is...

[PRESS RELEASE – Please Read Disclaimer] Now you can create and use Visa cards on demand using the most popular cryptocurrencies. Lyra has announced the launch of its new platform, which allows users to spend their cryptocurrency in any of the millions of online merchants worldwide. These include Netflix, Airbnb, DoorDash, Instacart, Walmart, & many more. With Lyra’s intuitive dashboard and Chrome extension, users can create virtual Visa cards on demand, allowing them to...

Crypso – a digital currency investing platform – has garnered an impressive $3 million in new seed funding. The round saw the participation of many of the crypto arena’s most prominent leaders including Hashed Emergent, Athera Venture Partners, Better Capital, Whiteboard Capital, and the founders of Polygon. Crypso Gets a Lot of Money Crypso says it’s planning to use the funds it’s received to boost its user base and increase the breadth of both its technology and...

SudoRare – a decentralized non-fungible token (NFT) marketplace – is reportedly the latest crypto project that had rug-pulled its customers. The project, established earlier today, shut down its operations six hours after launch after it was rug-pulled for 519 ETH (around $850,000 going by current prices). The blockchain security company – PeckShield – indicated that the wrongdoers behind the protocol have already sent the drained funds to three different wallets, each...

Javelin Strategy & Research has brought James Wester onboard as its new director of cryptocurrency. Javelin Strategy & Research Adds James Wester to Its Team The move is a testament to how popular crypto remains despite the onslaught of prices. Bitcoin, for example, is the world’s number one digital currency by market cap. In recent months, the asset has lost more than 70 percent of its value, having dropped from a new all-time high of about $68,000 per unit in...

The market has calmed down a bit in the past few days, even though it seems clear that the bears are in the driving seat. This happened as the bulls managed to defend the $1,500 level and are currently trying to recoup. Even though the negative momentum decreased, it’s still early to weave the possibility of a subsequent collapse out. Technical Analysis By Grizzly The Daily Chart The intersecting of the 100-day (in white) and 50-day (in yellow) moving average lines served as...

TiFi is building an integrated finance ecosystem called TiFi Allverse, which includes a shopping & trading platform with NFT and TiFi Token, and a Decentralized Exchange System. The ecosystem has reached several milestones only a few months into its launch and has become one of the top projects on the BSC blockchain. The two key factors behind its success have been the utilities the ecosystem provides through TiFi bank and the recent success of Allverse. The Allverse...

[PRESS RELEASE – Please Read Disclaimer] 1xBit continues to onboard projects and develop features to create a better user experience. Based on this commitment, COSMOS is now on 1xBit, and bettors can utilize this cryptocurrency for their payments, stake, and withdrawals. What is Cosmos? COSMOS bills itself as a project looking to democratize the cryptocurrency industry by focusing on demystifying blockchain technology. The protocol seeks to make it convenient for blockchain...