Crypto news

EOS price started a fresh decline from the $4.20 resistance against the US Dollar. The price is now trading below $3.80 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $3.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it trades below the $3.30 support zone. EOS price is showing bearish signs below $4.00 against the US Dollar, similar to bitcoin....

SnoopyBabe helps homeless cats and endangered species from the Red Book, as well as rewards its holders. Recently, there have been many meme coins that are dedicated to various breeds of dogs and very few that are dedicated to animals that actually exist! Most dog meme coins do nothing, they are only created for one purpose this pump and dump. Our team decided to change the trend and launch a meme coin dedicated to the cutest cat on the internet and our favorite,...

The much-awaited social network platform Woonkly.com will go live at F1 Abu Dhabi Grand Prix, slated for December 12. Woonkly.com has won a spot among the elite list of sponsors for the global racing championship event. More than 100 business leaders, government officials, investors, sports icons, influencers, and celebrities from around the world will mark their presence at the launch, drawing traction to the emerging project that has some paradigm-shifting features in...

Kickstarter, the world’s most famous crowdfunding platform, wants to dive headfirst into the blockchain world, changing the technology behind its business model while still offering the same user experience. The firm explained in an official blog post that this decision is part of an effort to find better tools to fulfill its mission of bringing creative projects to life through community collaboration. Kickstarter Wants to be Decentralized —And Green Kickstarter is not...

Chainlink Labs – a smart-contract oracle service provider – recently signed on former Google CEO Eric Schmidt as a strategic advisor. Schmidt’s duty will be to help guide Chainlink in building “a world guided by truth.” Schmidt Joins Chainlink Chainlink announced its recruitment of the Ex-Google chief in a statement this Tuesday. The team is focused on aggregating and implementing real-world data to be used as smart contracts built on various blockchains. This is accomplished...

The California state-chartered bank, Silvergate, is eyeing to secure $461.3 million as per the latest filing with the US Securities and Exchange Commission (SEC) through the sale of 3.31 million of common stock. The proposed maximum offering price per share is $145. Silvergate’s Public Offering The official document revealed that the financial institution had granted the underwriters 30 days to buy over 496.6k additional shares of its common stock. It also estimated the...

Law enforcement agents in Ho Chi Minh City in Vietnam have arrested nearly 60 people involved in what may be the biggest online crypto-based gambling ring in history. Thus far, more than $3.8 billion in crypto-based transactions have occurred at the hands of the organization. Gambling Like This in Vietnam is a Big No-No… The operation occurred in a very hush hush way, with several gamblers involved registering their crypto wallets on a foreign platform known as Remitano...

The central bank of Thailand reportedly urged local financial institutions to stay away from cryptocurrencies citing risks coming from their enhanced volatility. It added that the broad employment of bitcoin and the altcoins could also impact the Bank of Thailand’s ability to monitor the national economy. BoT Against Crypto Trading According to a coverage by The Bangkok Post, the Bank of Thailand (BoT) does not want local banks to be directly involved in digital asset...

Law enforcement in the U.S. has taken back roughly $2.3 million in crypto funds that have been garnered through ransomware attacks. According to legal documents, the crypto was being held by a Russian man named Aleksandr Sikerin, who is believed to be living in St. Petersburg. Ransomware Is Getting Bad Sikerin is slated to be part of a notorious hacking group known as REvil. The organization has cost businesses throughout the world millions of dollars in crypto funds,...

Today, a major hearing took place on Capitol Hill titled “Digital Assets and the Future of Finance: Understanding Innovation in the United States.” It featured top crypto industry CEOs, including Jeremy Allaire, Sam Bankman-Fried, Brian Brooks, and more. Here’s what some of them told financial regulators about the ideal regulatory landscape. North Carolina Rep Patrick McHenry prefaces the hearing by asking how to ensure the crypto industry grows within the United States and...