One of the first investors in the infamous Terra project shared new investment strategies. One of the earliest investors in the Terra project, Simon Sejun Kim, still believes in the cryptocurrency industry despite the onset of the “cryptocurrency winter.” He spoke about this in an interview with Bloomberg. As the head of venture capital firm Hashed, Kim wants to...
The creators of the Shiba Inu ecosystem announced the name of the upcoming mobile NFT game based on the meme altcoin. Shiba Inu meme altcoin project (SHIB) will soon get its own mobile NFT game called Shiba Eternity. Representatives of the project announced this on their Twitter. The game is being developed by PlaySide Studios, who created the mobile games...
The loss of users of the Nomad cross-chain bridge in the Cosmos ecosystem due to a hacker attack amounted to $8.85 million. The team is trying to restore the liquidity of the project. The developers explained their calculations by estimating those assets blocked in the protocol at the time of the hack on August 2. Data: Nomad. The...
The Nomad Bridge converted around 190 million US dollars through an exploit. After word of the banal mistake got around, there was an enormous rush for the project. Soldiers of fortune tried to get as much as possible. Nomad Bridge falls victim to poor security The emergence of various cryptocurrencies requires increasing interoperability. Token bridges play their role in this....
Jeweler Tiffany is selling physical CryptoPunks for 30 ETH each. The limited offer is reserved for original owners of the well-known NFTs. It is not the New York house's first step into crypto. Tiffany produces 250 CryptoPunk pendants Tiffany is a jeweler from New York. 1.7 million users on Twitter follow the famous jewelry manufacturer. A new project is...
Vadim Shovkun, a practicing trader and founder of the Crypto Shaman project, talks about the current situation on the market. Bitcoin is in an ascending channel, and there is an opportunity to evaluate scenarios for future movement. However, consideration of the price prospects of cryptocurrencies should begin with an analysis of the stock market due to its direct...
The price of Ethereum could enter a consolidation phase after a sharp increase in July amid expectations of migration to the Proof-of-Stake consensus algorithm. Markus Thielen stated this from the management company IDEG, writes Cointelegraph. According to the expert, the growth prospects of the second largest cryptocurrency by capitalization have become less optimistic compared to the...
The ZB crypto exchange, mainly aimed at Chinese users, has suspended the possibility of depositing and withdrawing funds. The decision was "the failure of some key applications." Representatives of the exchange promised to restore the functionality of the platform after fixing the problems. ZB is ranked 44th in terms of trading volume by CoinGecko .
A fundamental improvement in on-chain indicators has not accompanied the recent recovery of Bitcoin and Ethereum prices. This does not give confidence in a fundamental change in the market situation, according to Glassnode analysts. Doubts that the upward dynamics after overcoming the realized price by quotations will continue from the state of on-chain indicators. The number of active...
Recently, the price of bitcoin has grown faster than the number of active addresses. This is a sign of short-term market overheating and a likely correction, according to the on-chain Active Address Sentiment Indicator (AASI). The graph below shows the yellow line crossing the upper limit of the range of changes in the number of active addresses...
