Crypto news

Memes are part of internet culture, but they are therapy for Bitcoiners and crypto traders whenever the market crashes. The Crypto Meme Culture While there are thousands of memes flying around to comfort crypto holders, some of the top-notch memes are those that subtly devalue the efforts of service employees working nine to five jobs in companies like McDonald’s. Anyone interested in crypto for a while and active on Crypto Twitter or any other crypto community must have come...

[PRESS RELEASE – Please Read Disclaimer] Greetings Credefians! We are excited to share with you that our Testnet platform is live and doing great. We are thankful for your participation and impatiently looking forward to receiving feedback on your platform experience. Remember, our Mainnet Launch at the end of January is approaching! As you already know, Credefi opens the doors for investors and SMEs to participate in permissionless lending and borrowing. Our platform enables...

The users of cross-chain protocol lashed out over an unsolved security vulnerability that appeared earlier this week and the platform’s failure to act. Later on, though, Multichain revealed that one whitehat hacker returned 259 ETH, worth approximately $813,000. The Multichain Exploit It all started when Multichain announced the existence of a flaw that made several accounts vulnerable to malicious entities. The team behind the protocol urged its users to revoke approvals for...

Rain Financial in the Middle East – which operates the Rain cryptocurrency exchange licensed by the Central Bank of Bahrain – has garnered more than $110 million in series B funding as digital currencies become more mainstream and legitimate in that part of the world. Rain Financial Gets a Lot of Money The funding round was led by Paradigm, a San Francisco-based crypto investment firm. Also helping with the round was Kleiner Perkins in Silicon Valley. Additional funds...

Those Nirvana fans with some cash left after the cryptocurrency crash of the last week will have the opportunity to own a piece of the history of their favorite band immortalized on the blockchain. On February 20, 2022, an auction will be held with never-before-seen images and artworks of Nirvana. The auction will be crypto-only and will take place on the same day as the birthday of Kurt Cobain, leader of the iconic band, who committed suicide on April 5, 1994. Nirvana is...

Online gaming is arguably one of the best use cases for blockchain-based technology. The ability to assign traceable and verifiable ownership to in-game items provides tremendous capabilities. This concept has grown in popularity, and perhaps one of the first games to pioneer the field was Decentraland. The below is a comprehensive guide on Decentraland – what it stands for, how it was launched, and how to play it in a detailed step-by-step guide. Quick Summary: Name:...

Technology company Bitcoin Well has joined hands with the Greater Property Group (GPG) in Canada to assist customers in using BTC and other assorted cryptocurrencies to purchase both commercial and residential real estate. Bitcoin Well and Greater Property Group Work Together The worlds of crypto and real estate are coming closer and closer together. Not long ago, Harbor Custom Development in Gig Harbor, Washington announced that it would allow customers to pay for real...

The past hours saw a massive sell-off, causing an unexpected and enormous plunge to sub-$40K in the price of Bitcoin. The onchain data is showing an absolute capitulation phase in the market, which was intensified by long-term holders just before the crashing to $35K. Long Term Analysis: The Daily Chart Yesterday, Bitcoin lost a critical support range at $37K – $40K. As shown in the chart below, before the price decline beneath $40K, both 50-DMA and 100-DMA lines have crossed...

Sotheby’s is hosting an auction that will feature a 555.55-carat black diamond. What’s the big clincher? Crypto enthusiasts are welcome to the table and can bid on the item with digital currency. Sotheby’s Says “Yes” to Crypto Bids Known as the “Enigma,” the diamond is listed in the Guinness Book of World Records as the largest cut diamond in the world. It will also be part of a special sale that is allowing crypto bidding. Among the currencies that Sotheby’s is willing...

The cryptocurrency market lost over $400 billion worth of its capitalization in the past few days alone. The total market cap currently sits below $1.7 trillion. This came as most of the coins are down tremendously in the past week. Ethereum is down 27.7%, BNB is down 27.8%, ADA is down 17.6, SOL is down 36.2%, and so forth. Bitcoin’s price is currently sitting around $35K and has lost almost 20% in the same time frame. From a technical perspective, it’s important to note...