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...
New York City Attorney General (USA) Letitia James issued an official statement in which she invited all employees of the crypto industry who may have witnessed fraud or misconduct to write a statement to address the situation. She issued a request to investors not to hush up cases of fraud and crime. The officer of the law...
The developers of the cross-chain decentralized finance (DeFi) protocol Nomad have confirmed reports that hackers have exploited an intelligent contract vulnerability. They revealed the details of the incident. The creators of the startup confirmed that: according to preliminary estimates, $190 million was stolen. According to security experts, the Nomad cross-chain bridge was hacked early in the morning...
According to a company blog post, U.S. customers of Coinbase Prime now have Ethereum staking. “Customers can create a wallet, decide on an amount, and start staking from the ETH Assets page of their Coinbase Prime account,” the firm wrote. Data: Coinbase Blog. The funds will be placed in the cold storage of the institutional platform. Coinbase Prime also features...
Self-proclaimed Satoshi Nakamoto Craig Wright won a case against Bitcoin podcast host Peter McCormack. The High Court of Great Britain awarded compensation for £1, pointing to the provision of "knowingly false testimony." According to the verdict, it would have been "unnecessary" for Wright to receive more than a token amount since his argument guaranteed "more than a mere...
Starting August 15, 2022, the US division of the Binance exchange will close trading in the Amp (AMP) token. This is stated in the message of the company. Earlier, the US Department of Justice announced the arrest of former Coinbase product manager Ishan Wahi and two of his accomplices on charges of insider trading fraud. The US Securities and Exchange Commission (SEC) filed...
The UK Financial Conduct Authority (FCA) has approved stricter rules to combat misleading advertising associated with high-risk investment products. This is stated in the press release. The requirements do not affect cryptocurrencies. According to the FCA, the final rules for the promotion of digital assets will be approved after the government and parliament confirm that this area is within the...
Analysts of the TheNewsCrypto portal spoke about the 5 most promising, in their opinion, cryptocurrency assets shortly. According to experts, these blockchain projects can significantly enrich their investors in the next 2 weeks and are the most reliable on the market. These included: Bitcoin (BTC), Binance Coin (BNB), Polkadot (DOT), Ethereum Classic (ETC), and FileCoin...
Representatives of the Central Bank of Japan (BoJ) said they decided to abandon plans to create their cryptocurrency. Earlier, the country thought about issuing a central bank digital currency (CBDC), which was supposed to become a virtual analog of the Japanese yen. However, the government changed its mind due to a lack of public interest. The...
Market experts shared their thoughts on the flagship cryptocurrency Bitcoin (BTC) movement. The price analysis as of August 1, 2022, does not offer any surprises, in their opinion. As the value extends the consolidation move on the first day of the new trading week, it is in a very tight range of $23,200 to $23,400...
