$50 million worth of various cryptocurrencies has disappeared from the automated market maker platform running on the Binance Smart Chain – Uranium Finance. While the team behind the project claims the funds were stolen, the cryptocurrency community speculates of a possible rug pull. $50M Gone From Uranium Finance The DeFi project took it to Twitter today to explain the exploit which targeted its v2.1 token migration event. More specifically, Uranium argued that the hackers...
Read More »SingularityDAO Raises $2.7M in Private Sale Led by AlphaBit to Usher AI-Driven DeFi
[Press Release – Amsterdam, Netherlands, 28th April, 2021] SingularityDAO, the independent DeFi-centric project incubated by SingularityNET, has raised $2.7 million in Private Sale funding from a number of prominent investors in the cryptocurrency space. The funding round was led by AlphaBit, with participation from GBV (Genesis Block Ventures), SMO Capital, QCP Capital, AU21, Jun Capital, Magnus Capital and Moonwhale Ventures. SingularityDAO is the DeFi-centric project...
Read More »Cardano (ADA) Can Now Be Bought via Credit Cards and Apple Pay After Successful Integration by Simplex
Cardano’s native cryptocurrency – ADA – will be available for direct purchases from credit or debit cards, Apple Pay, or even bank transfers. This becomes possible following a partnership between the popular blockchain project and Simplex – a solution facilitating fiat on/off ramps to the cryptocurrency ecosystem. Cardano Partners With Simplex Founded in 2014, Simplex is an Israeli-based provider of fiat to crypto infrastructure. Last year, the EU-licensed company reached a...
Read More »MetaMask’s Active User Base Has Increased 5x in 6 Months to 5 Million
The ongoing crypto bull market has positively impacted various companies and services connected to the industry. Just six months after topping one million monthly active users, the popular Ethereum wallet MetaMask has reached another milestone at five million. MetaMasks Tops 5M Monthly Users CryptoPotato reported back in October 2020 when MetaMask – the cryptocurrency wallet software supporting Ethereum-based digital assets – reached one million monthly active users. A lot...
Read More »Tron (TRX) Price Analysis: Bulls Aim Fresh Increase Above $0.135
Tron price started a fresh increase from the $0.092 support zone against the US Dollar. TRX price is now trading above the $0.1100 support and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.1100 on the 4-hours chart (data feed via Bitfinex). The pair seems to be staging a strong increase above the $0.1300 and $0.1350 resistance levels. TRON price is holding the $0.1000 support zone against the US Dollar,...
Read More »Bitcoin Price Analysis: BTC Looks Set For More Upsides
Bitcoin price started a fresh increase after testing the $47,000 support against the US Dollar. The price is now trading well above $55,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $55,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue higher above the $56,000 and $57,000 levels in the near term. Bitcoin price is rising steadily above $52,000...
Read More »Swisscom pilotiert Referenzkurs für digitale Assets
Sygnum granted capital markets services (CMS) licence for asset management in Singapore Mit einer gemeinsamen Machbarkeitsstudie legen SEBA, Swissquote, Sygnum, Vontobel und Swisscom den Grundstein für bankfähige Referenzpreise in der Welt der digitalen Assets. Digitale Assets wie Bitcoin werden immer populärer. Allerdings sind beliebte Datenquellen für Preise und Volumen anfällig für Manipulationen, was das Image und die Glaubwürdigkeit...
Read More »Microsoft and Intel Introduce a Shield Against Cryptojacking
The tech giant Microsoft has integrated the Intel Threat Detection Technology into its Microsoft Defender for Endpoint. This should increase detection ability and enhance protection against cryptojacking malware. The New Addition and Its Technology During the last few years, the primary cryptocurrency along with the many other altcoins have significantly appreciated in value which caused an uptick of interest for crypto mining as well. The process involves validating data...
Read More »Mike Novogratz Allegedly Isn’t a Fan of Dogecoin
Bitcoin and Dogecoin are two of the world’s biggest digital currencies right now. They have both been spiking like crazy as of late, with Dogecoin now taking the lead and working hard towards potentially reaching one dollar per unit by the end of the year. While they both look similar at first glance, Mike Novogratz – a billionaire investor and former hedge fund manager – claim that these assets could not be more different, and that investors need to be aware of the...
Read More »Jack Dorsey and Elon Musk Find Common Ground On Bitcoin Mining
It appears that Jack Dorsey – the man behind Facebook competitor Twitter and payment processor Square – and Elon Musk, the South African entrepreneur responsible for bringing both Tesla and SpaceX to the mix, agree on one thing. That thing is the future and power of bitcoin mining. Bitcoin Mining Is the Center of Many Arguments In a recent tweet, Dorsey commented that bitcoin “incentivizes” renewable energy. From there, he received a response from Musk which simply read...
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