Crypto exchanges are hacked surprisingly often. A few of the biggest crypto heists that occurred in the past few years are discussed in this article. How to avoid cryptocurrency scams?One of the best ways to protect your crypto investment is to secure a wallet and do your own research about…

KNC shook off the current downtrend by posting a 50%+ monthly gain following the launch of Kyber 3.0 and integration across many decentralized exchanges. In the crypto market volatility continues to reign supreme, and fear, uncertainty and doubt (FUD) run rampant. This makes it challenging for any project to rise…

A temporary website outage of the project’s main site, among other factors, led to the error. In a period of market downturns, rumors of crypto bans and decentralized finance, or DeFi scams, blockchain enthusiasts can be sensitive to the smallest abnormalities within projects they follow and sometimes erroneously fear for…

Russia’s retail cryptocurrency operations currently stand at about $5 billion per year. On Friday, credit rating agency Fitch published a research piece about Russia’s proposed ban on cryptocurrencies. Although the report agreed with the Central Bank of Russia’s (CBR) position that the ban would limit its financial system’s exposure to…

One week after introducing the Address Ownership Proof Protocol, or AOPP, the hardware wallet company backtracked on its decision due to customer privacy concerns. Since 2019, Swiss financial crypto intermediaries have required proof of ownership of an external wallet’s address for Bitcoin withdrawals and deposits to their customers’ non-custodial wallets.…

“Some people said Wonderland should just be wound down and funds be given back to token holders. I believe this is the easy way out,” says Sestagalli. On Friday, Daniele Sestagalli, co-founder of decentralized finance, or DeFi, protocol Wonderland and stablecoin protocol Abracadabra, issued a statement on the path forward…

SAND’s 40% rally follows a two-month-long correction that wiped out nearly 70% of the token’s market valuation. Sandbox (SAND) refused to go down despite broader negative market sentiment in the past 24 hours. Instead, the altcoin logged a breakaway recovery as traders assessed its recent high-profile partnerships as a sign that the…

Representative Ted Budd stated that the provision would let the Treasury unilaterally prohibit certain financial transactions without public input. North Carolina Representative Ted Budd submitted an amendment to the omnibus America COMPETES Act of 2022, specifically targeting the provision that would allow the Treasury Department to impose “special measures,” including…

A concentration of stablecoins on a handful of platforms has drained liquidity from others. In a Tweet posted by user @cryptotutor Friday, a screenshot appears to show a 27% spread between stablecoin Magic Internet Money (MIM) and USD Coin (USDC) trading pair on decentralized exchange, or DEX, Uniswap (UNI). Both…

LUNA price is at risk of further downside, but analysts point to a possible rebound as the altcoin tests a reliable, multi-month moving average as support. Terra (LUNA) may fall to nearly $25 per token in the coming weeks as a head-and-shoulders (H&S) setup develops, indicating a 50% price drop,…

The funds will track Fidelity proprietary Crypto Industry and Digital Payments and Metaverse indices. Fidelity Investments appeared undeterred by the U.S. Securities and Exchange Commission’s, or SEC’s, rejection of its Wise Origin Bitcoin Trust spot exchange-traded fund (ETF) on Thursday. Following the setback, the company filed two more prospectuses involving crypto-metaverse…

Players took offense to the suggestion that gamers may not yet fully understand the benefits of NFTs. Nicolas Pouard, vice president at Ubisoft’s Strategic Innovations Lab, commented on the negative gamer feedback that Ubisoft received after introducing Quartz and Digits, in an interview with Finder.”It’s a reaction we are accustomed to. I think…

Technical analysis points toward early bottoming signs in BTC and altcoins, but analysts forecast another sharp downside move. Bitcoin (BTC) and most major altcoins are turning down from overhead resistance levels, indicating that the sentiment remains negative and traders are selling on every available opportunity.Decentrader analyst Philip Swift said that…

The education initiative aims to help 1,600 school children in LeBron James’ hometown. But not every Crypto.com user seems to be happy about the partnership. In a press release published Friday, three-time NBA champion and Los Angeles Lakers forward LeBron James will partner with digital currency exchange Crypto.com to support…

Not tackling even lower levels “seems wrong,” one analyst says, while another popular trader demands a $40,000 reclaim for Bitcoin price to flip “full bull.” Bitcoin (BTC) cracked $37,000 at the Jan. 28 Wall Street open as traders watched and waited for a resistance retest.BTC/USD 1-hour candle chart (Bitstamp). Source:…

Demographics rule: “Younger people are more likely to embrace crypto than older generations.” Meanwhile, the Great Transfer of Wealth is coming. Crypto.com raised a few eyebrows this past week when it announced cryptocurrency users worldwide could reach 1 billion by the end of 2022. The timing was curious, given that Bitcoin…

Even amid a protracted marketwide slump, profit opportunities for crypto traders are still out there. Let’s be blunt: Being in a bear market sucks profoundly as a crypto trader. Most strategies that work when everything is green lead to losses. Growing the value of a portfolio takes twice as much…

Intensified scrutiny of digital asset ads is a growing trend, but it’s not clear if it is inextricable from crypto regulation’s evolution. Over the last week, regulators in three major jurisdictions across two continents introduced new rules governing cryptocurrency-related promotions and advertisements. Citing consumer risks associated with digital asset investments,…

Funds will be used for hiring industry-leading engineers to implement both EVM and WASM and to invest and nurture Astar native ecosystem projects. Astar, a multichain DApp protocol, formerly known as Plasm, has raised $22 million in its latest strategic fundraise.The funding round was led by Polychain and saw participation…

The new Google Cloud team aims to accelerate customers’ efforts in the emerging blockchain and crypto spaces, a blog post explained. Blockchain, cryptocurrency and decentralized technology are all fascinating topics that have been heating up for almost a decade. Nowadays, everyone wants to be part of cutting-edge innovations.A Thursday announcement by…

Bitcoin derivatives markets are finally seeing a long-awaited sustainable reset, increasing the prospects of a “relief bounce” to come, a new market report says. Bitcoin (BTC) could still crash to $29,000 and lower, but price action is “healthier” than a week ago, the latest research concludes.In a fresh market update…

BTC is more than 50% down from its $69,000 all-time high and traders seem to have no clue about the digital asset’s next direction. It is not too late for Bitcoin (BTC) to reclaim its bullish bias as it halfway paints an indecisive ‘Doji’ candle on the weekly chart.In detail,…

Some OpenSea users who heeded OpenSea’s call to call their inactive listings ended up losing their NFTs and their money. Twitter users reacted negatively to an OpenSea email sent to users who still had inactive listings on their accounts. In the email, OpenSea explained that old nonfungible token (NFT) listings…

More demand could just mean bigger correlations to traditional markets, the bank’s researchers say. Bitcoin (BTC) and cryptocurrency adoption may not necessarily make its price higher in dollar terms, Goldman Sachs argues.In a note seen by Bloomberg published Thursday, the international banking giant claimed that mainstream acceptance of crypto assets…

The addresses linked to the hack attack have managed to steal 206,809 Binance Coin from Qubit’s QBridge protocol. High-profile hacks have become more prevalent throughout the cryptocurrency market, and Qubit Finance is one of the latest decentralized finance (DeFi) protocols to be exploited by hackers.Hackers were able to access and…