When it was announced late last year that Eric Adams would take over as the mayor of New York City, he shocked everyone when he stated that he would be accepting his first three paychecks in bitcoin. Nobody expected him to be a crypto fan, and a lot less expected him to follow through on his plans. Eric Adams Moves Forward with BTC Agenda Now, several weeks later, Adams has shown his doubters that he wasn’t joking, as he’s working with popular San Francisco-based crypto...
Read More »Mike McGlone: Bitcoin Will Hit $100,000
The prices of many cryptocurrencies continue to suffer. Bitcoin, for example, has fallen by more than two percent since the beginning of last week. In addition, Ethereum has dropped by more than six percent, while BNB is down by more than seven percent. Could Bitcoin Hit a Six-Figure Number in 2022? Several analysts think that this is going to continue through the first portions of 2022. Many banks are beginning to talk about hiking interest rates and engaging in other...
Read More »Ethereum Price Analysis: ETH Turns Bearish Below $2.8K
Ethereum price started a fresh decline from the $3,200 resistance against the US Dollar. ETH price is now trading below $2,800 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2,500 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down below the $2,200 support zone. Ethereum price is struggling below $2,500 against the US Dollar. ETH/USD remains at a risk of a sharp decline if...
Read More »LBank Exchange Will List BEE Token on January 28, 2022
INTERNET CITY, DUBAI, Jan. 21, 2022 – LBank Exchange, a global digital asset trading platform, will list BEE token on January 28, 2022. For all users of LBank Exchange, the BEE/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on January 28, 2022. While being used to bridge the gap between everyday life and financial world, blockchain technology and crypto can also be used to bridge the gap between human relationships. As an easy communication...
Read More »String Of Leading Crypto Youtube Channels Hacked With ‘One World Cryptocurrency’ Scam Video
Earlier this morning, a mysterious video called “One World Cryptocurrency” was posted across numerous popular crypto/ finance YouTube channels – without the owners’ permission. The video has all the appearances of a giveaway scam. “One World Cryptocurrency” The minute-long video features promotion of a supposedly new BSC token called “One World Cryptocurrency” (Ticker: OWCY). It features a “contact address”, and a listed pre-sale price of “0.0001’ (no unit of account was...
Read More »Phemex Targets Metaverse and NFTs: Adds New Offerings for Trading
Exchange listings can take time, especially when you’re being careful about what projects to onboard. Typically, exchanges tend to do proper research and due diligence before onboarding any new projects, making sure that they are safe for the users to engage with and trade. Phemex is no exception, and with its latest spree of projects, the focus is clear. Phemex has been vocal in its support for the metaverse, and with blockchain-based non-fungible token projects at the heart...
Read More »OpenSea Exploit: Bored Ape 8924 Scooped at 92% Discount of Floor Price
OpenSea’s front-end issues continue to cause losses for NFT holders, and according to one BAYC member, it just cost him Bored Ape #8924. As CryptoPotato reported earlier today, multiple sources pointed towards a front-end exploit in OpenSea’s platform. This had already allowed a malicious party to obtain roughly $750K worth of ETH, but it seems that the issues are only increasing. Twitter user VirtualToast.eth reported that their Bored Ape #8924 was purchased for 6.66. For...
Read More »Bitcoin Sends a Message That New York City Is Open to Technology, Says Mayor
Bitcoin will help New York to send a message to the world that the city is open to adopting new and innovative technologies, said mayor Eric Adams. He also showed no regrets about receiving his first paycheck in BTC amid the market meltdown. Bitcoin Sends a Message Ever since last year’s elections, Eric Adams has displayed a pro-cryptocurrency approach, insisting that he will receive his first paychecks in BTC and also transform the Big Apple into a bitcoin hub. While his...
Read More »Ethereum Price Analysis: ETH Eyes Next Critical Support After Reaching 6-Month Low
The Friday crash had driven ETH below $2,500, wicking at $2,300 – a price not seen since July 2021. Key Support levels: $2,300, $2,000. Key Resistance levels: $2,500, $2,750, 3,000 This week’s market carnage was not kind to ETH, which recorded a daily close below $3,000 for the first time since the end of September. Furthermore, ETH saw a low of $2,300 on Bitstamp, at the peak of the collapse. Since yesterday, ETH was able to rebound till encountering the $2,500 support...
Read More »Multichain Whitehat Hacker Returns 259 ETH: Report
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...
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