Cryptocurrency and traditional stock market analysts noted that the share price of the Coinbase (COIN) trading platform soared by 31% per day as of August 4, 2022. They noted that this was the result of a partnership with BlackRock. Representatives of an international investment company headquartered in New York signed a formal agreement with the head...
The core development team of the Frax Finance platform has proposed to the community that the FRAX algorithmic stablecoin should not be launched in potential Proof-of-Work (PoW) forks of the Ethereum network. The FIP-101 proposal was sponsored by project co-founder Sam Kazemian. The initiative involves the redemption of FRAX exclusively on the Ethereum 2.0 network based on the Proof-of-Stake (PoS) algorithm. “FRAX...
Crypto broker Voyager Digital CEO sells $30M of firm shares at an all-time high. Voyager Digital CEO Steven Erlich sold $30 million worth of shares in the firm in the spring of 2021 when they reached their all-time high, CNBC found out, citing financial reports from the Canadian Securities Administration. Ehrlich and his firm Delaware reportedly sold...
Starbucks plans to diversify its loyalty program Among other things, NFT will be added to it Top management also noted the possibility of building a separate “digital community.” The presentation of the project is scheduled for September 13 Starbucks plans to add “ More Web 3 ” to its customer rewards program. The company promises to diversify rewards,...
Coinbase lawyers intend to appeal two lawsuits from users In them, the exchange is accused of “hiding information” and “assisting a scammer.” The company requires to send cases to arbitration until the appeal is completed. Crypto exchange Coinbase applied to the US Supreme Court requesting to arbitrate two lawsuits against the company. In it, the platform is...
The upcoming upgrade of Ethereum will be a decisive factor in increasing the amount of institutional investment in cryptocurrency A Bloomberg Intelligence report suggests that Ethereum's continued growth will depend on whether it remains the mainnet for many crypto projects. And some signs indicate that he will not lose his influence. For example, over the past three years, the total number of...
Bitcoin ( BTC ) made a bullish breakout from a short-term falling wedge pattern but failed to develop a meaningful advance. BTC has been trading above the rising support line since June 18. The Bitcoin exchange rate tested this line many times. The last time this happened was on July 26, after which the price formed a high of $24,668 on...
Indian authorities suspect Indian cryptocurrency exchange WazirX, bought by Binance, of laundering $350 million. The Indian authorities are investigating the WazirX cryptocurrency exchange for possible laundering of $350 million, The Economic Times reports, citing Indian Finance Minister Pankaj Chaudhary. The Indian Economic Intelligence is investigating the crypto exchange. According to Chaudhary, during the investigation, it was found that...
Cryptocurrency 'exclusive oversight' bill introduced in US Senate The document contains definitions for new categories of goods, including BTC and ETH The right to oversee digital assets wants to give the CFTC agency US federal agencies launched a real fight for the right to regulate the cryptocurrency market. The Senate has introduced a bill that would bring digital...
Representatives of the PeackShield service reported hacking of the hot wallet. Hackers stole two dozen different types of digital assets The amount of stolen cryptocurrency is estimated at $4.8 million From the looks of it, 2022 will forever go down in digital asset history with its endless streak of hacks. No sooner had the community moved...
