Crypto startup to save iconic fiat money sculpture with 1M euros in funding

The paths of traditional finance and the cryptocurrency industry have intersected again, with a crypto startup coming to save the iconic “Euro-Skulptur” monument in Frankfurt. Frankfurt-based crypto startup Caiz Development will provide... Read more »

MakerDAO’s Christensen Pushes “Endgame Plan” to Save DAI From Attack

Key Takeaways Following the Treasury Division’s transfer to sanction Twister Money earlier this month, MakerDAO co-founder Rune Christensen has proposed an “Endgame Plan” to save lots of DAI from regulatory seize. The... Read more »

On-chain Bitcoin metrics suggest the bottom is not in

Legacy finance defines a bear market as a interval of extended value decline during which the asset value drops by 20% or extra from latest highs. There isn’t any standardized definition of... Read more »

Will Ethereum Be Vulnerable to Censorship After the Merge?

Key Takeaways The Ethereum group is debating whether or not giant validators might find yourself being pressured to censor transactions following the Merge. Ethereum creator Vitalik Buterin believes transaction censorship would quantity... Read more »

Chinese mining giant Canaan doubles profits despite the blanket crypto ban

Main Chinese language cryptocurrency miner producer Canaan seems to don’t have any points with the native ban on crypto, as the corporate’s total efficiency has continued to develop in 2022. Canaan formally... Read more »

Binance recovers $450K stolen from Curve DNS Hack

Binance CEO Changpeng Zhao tweeted on August 12 that the trade has recognized and frozen 83% of the funds stolen from Curve Finance after the hacker tried to launder it by means... Read more »

FTC to probe BitMart over December 2021 hack

The U.S. Federal Commerce Fee (FTC) opened an investigation on BitMart on August 11 over a hack from December 2021 after BitMart’s operators — Bachi.Tech and Unfold Applied sciences LLC. — refused... Read more »

El Salvador’s ‘My First Bitcoin:’ How to teach a nation about crypto

The grassroots Mi Primer Bitcoin or “My First Bitcoin” program has picked up steam in El Salvador. The primary cohort of Bitcoiner-come-students started research in Could this 12 months. Based by John Dennehy,... Read more »

Binance to cease off-chain transfers for WazirX

Binance has introduced plans to stop assist for off-chain fund transfers between itself and WazirX, efficient August 11. Customers on the WazirX platform will be unable to switch funds to Binance utilizing... Read more »

How Bitcoin whales make a splash in markets and move prices

Deriving their names from the dimensions of the large mammals swimming across the earth’s oceans, cryptocurrency whales consult with people or entities that maintain giant quantities of cryptocurrency.  Within the case of... Read more »