Crypto news

[PRESS RELEASE – S.A.R, HONG KONG, 9th March 2021, ChainWire ]HandyCon, the world’s first conference dedicated to the ground-breaking Handshake decentralized domain name protocol, will take place online March 10th through March 11th, 2021 Eastern Standard Time (EST). Presented by the dWeb Foundation, more than 36 speakers will be featured including founders of the Handshake protocol, key platforms like Namebase.io, investors like Vinny Lingham (Multicoin, Civic), and luminaries from the...

[PRESS RELEASE – Hong Kong, Hong Kong, 9th March 2021, ChainWire]Linkflow, a Hong Kong-based crypto prime brokerage service, has announced on Tuesday (March 9th, 2021), that along with its traditional asset management offerings, it is launching new digital asset-based services. The service is focused on a platform for providing seamless connectivity to the broader cryptocurrency ecosystem giving clients unprecedented access and management to a wide array of digital assets.Within the ecosystem...

[PRESS RELEASE – Please Read Disclaimer]London March 10, 2021 – Using blockchain to democratize machine learning, GNY today launched the world’s first blockchain providing access to powerful machine learning functionalities on a secure and collaborative decentralized platform.Empowering businesses and organizations to solve large and complex problems, GNY’s Mainnet will enable users to utilize its blockchain architecture to run machine learning analysis of any type of data – from financial...

Bitcoin saw a 7.5% price increase today as the cryptocurrency raised by a total of $1,640 to climb back above $54,000, for the first time since February 22.Looking at the past trading days, BTC had bounced from support at $47,200 (.382 Fib) over the weekend as it closed the daily candles above the critical 20-day EMA. On Sunday, it managed to break above $50,000 once again, which allowed it to push higher and close yesterday’s candle at $52,480 (bearish .618 Fib Retracement and crucial...

Parity Technologies aims at developing and releasing a generic asset parachain to serve as one of the first common-good chains on Polkadot. Dubbed Statemint, it would provide functionality for deploying various asset types, such as tokenized artwork or even central bank digital currencies (CBDCs).Statemin to Come on PolkadotThe press release shared with CryptoPotato explained that the on-chain governance networks of Polkadot and Kusama can currently grant parachain slots by public referendum...

The hacks and exploits on DeFi projects continue, and the latest victim to fall is the decentralized exchange platform – DODO. The attack targeted several V2 Crowdpools, and the stolen amount could go as high as $3.8 million.DODO Victimized by HackersThe decentralized finance sector is no stranger to malicious attacks and harmful exploits. The decentralized exchange and liquidity provider DODO is the latest to join the growing number of victims.As the first complaints occurred on Twitter, the...

The SEC lawsuit against Ripple Labs continues to harm the payment processor as the company has officially ended its relationship with the international money transfer provider – MoneyGram. Nevertheless, Ripple hopes to revisit the relationship in the future, especially if it prevails against the Commission. CryptoPotato reported in late December 2020 that the US Securities and Exchange Commission brought charges against the blockchain-based payment processor and its executives for conducting...

ADA price corrected lower and found support near the $1.040 level against the US Dollar. The price is now consolidating above $1.100 support, but it is below the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1.1350 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above the $1.200 unless there is a close below $1.050. Cardano price is showing positive signs above $1.050...

Ethereum price found support near $1,280 and started a fresh increase against the US Dollar. ETH price is currently trading well above $1,700 and the 55 simple moving average (4-hours). There was a break a major bearish trend line with resistance near $1,550 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue higher towards the $1,920 and $2,000 resistance levels in the near term. Ethereum price is gaining pace from $1,300 against the US...

The journey bitcoin has taken has featured both ups and downs. Right now, the currency has been doing better than it ever has, having hit a new all-time high of roughly $57,000 per unit on February 21. This clearly outdoes the $19,000+ it reached in December more than three years ago. Bitcoin Is Stronger Than Ever However, it would be wrong to say that the currency isn’t still suffering a bit at the time of writing, as the asset is now trading for a mere $48,000, which...