The Thai-based cryptocurrency exchange – Zipmex – will reportedly enable its customers to partially withdraw some of their Bitcoin and Ether holdings, starting from August 11. The company was one of the worst-hit entities from the bear market in the past several weeks. At the end of July, the platform paused clients’ withdrawals citing volatile...Read More
Crypto and derivatives trading platform BitMEX plans to offer leveraged exposure on ETHPOW – a potential Ethereum chain split that doesn’t actually exist yet. The offering is based on a possible hard fork attempt to retain a proof of work-based Ethereum blockchain after “the merge” in September. The only question is: will it actually launch?...Read More
Matt Corallo – a long-time Bitcoin developer and one of Blockstream’s Co-Founders – thinks BTC maximalists are not helping their favorite cryptocurrency by calling all other digital asset protocols “scams.” Instead, those should respect some altcoins because many have significant use-cases. Over the years, the largest cryptocurrency by market capitalization has amassed numerous individuals as...Read More
Along with Bitcoin, Ethereum, XRP, Cardano and many other altcoins, Chainlink too has gained some bull run. As per the analysis made by an analytics firm Santiment says that though Chainlink has gained more than 40% since July, the asset is now depicting some kind of upward volatility. Among many such indicators that are pointing...Read More
The American billionaire investor and owner of the Dallas Mavericks – Mark Cuban – believes Ethereum’s transition from a Proof-of-Work consensus mechanism to Proof-of-Stake could be a double-edged sword. In his view, the investors’ excitement surrounding the move could surpass the actual use-cases of “the Merge” and create a “sell the news” event. Cuban also...Read More
The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the on-chain privacy network and Ethereum-based cryptocurrency mixer, Tornado Cash, making it the second such service provider sanctioned by the agency. A press release on Monday (August 8, 2022), announced that the OFAC updated its specially designated nationals (SDN), to include...Read More
Crypto lending platform Hodlnaut announced freezing withdrawals, deposits, as well as token swaps, citing “difficult market conditions” amid a swathe of similar mishaps. As per the official announcement, Hodlnaut informed the Monetary Authority of Singapore (MAS) of its intention to withdraw the license application in the city-state. The release read, “Hodlnaut is therefore no longer...Read More
[PRESS RELEASE – Please Read Disclaimer] Working towards their stated goal to build the highest-performing, most reliable, blockchain API platform, Bware Labs, the company behind Blast, is launching the Houston Incentivized Testnet. The purpose of the testnet mainly revolves around verifying all the technical aspects involved in the decentralization of the Blast API Platform, from...Read More
Chainlink said it will not provide support for forked versions of the Ethereum blockchain after the much-anticipated shift from Proof of Work (PoW) to Proof of Stake (PoS), also known as the Merge. However, the Chainlink protocol and services will remain available during and after the Merge. “Users should be aware that forked versions of...Read More
Popular crypto Analyst, anonymously known as InvestAnswers, took to his Youtube Channel to break down the possibility of a Bitcoin explosion to $773,000 with the recent partnership between Coinbase and BlackRock. The Coinbase-BlackRock Deal Last week, U.S based crypto titan Coinbase announced its collaboration with the biggest asset manager in the world – BlackRock, to...Read More
[PRESS RELEASE – Please Read Disclaimer] StormGain has launched an additional way to earn, introducing the platform’s new ‘Earn Interest’ feature. Now, StormGain users can earn passive income from their holdings in StormGain wallets at a competitive 3-8% APY. This amazing opportunity to earn without even leaving the platform is now possible thanks to StormGain’s...Read More
After the unanticipated public spat between Binance CEO Changpeng Zhao (CZ) and WazirX CEO Nischal Shetty on Saturday over the ownership of WazirX, most Indian business news platforms prominently provided a follow-up on the issue on Monday. Money Control carried an article based on an interview with Shetty in which he said legal documents are in...Read More
Dragoma, a Web3 lifestyle sports application built on Polygon, was rug pulled in the latest example of such an event in the crypto community. According to blockchain intelligence and security firm, PeckShield, the native token of the project – DMA – lost over 99% of its value following the incident. DMA pumped to an all-time...Read More
[PRESS RELEASE – Singapore, Singapore, 7th August 2022] DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, is thrilled to announce that its community has voted to offer lucrative liquidity mining rewards for the ERC-20 format of its native DFI token pairs on Uniswap. The...Read More
Just a few days ago in ETHPoW vs ETH2, the BitMEX Research team explored the possibility of a chain split in Ethereum that could result in a new ETH Proof of Work (PoW) coin. The latest Crypto Trader Digest also delved into what this could mean for the ETH price going forward. Fast forward a...Read More
Telstra Ventures – the investing arm of Australian telecommunication giant Telstra – released a health report on three top blockchains, including Bitcoin, Ethereum, and Solana, by studying the extent of participation derived from developers in each ecosystem. With the most number of monthly active contributors, noted the Ventures, Ethereum is the “strongest and largest community”...Read More
