Coin Edition
Binance CEO Mocks Unnamed Exchange; Twitter Believes it is FTX
CEO of Binance, Changpeng Zhao, has taken a dig at an unnamed exchange. Users speculate that this exchange could be FTX. FTX has recently been in some trouble with the...
Economists Believe Art And Bitcoin Can Exist In Harmony
In a recently published book, economists are looking at how people are questioning the current world’s fiat currency system. Interestingly, Bitcoin can support artists, and artists can spread the word...
SEC Wants to Hide More Document Portions on Their Expert Witnesses
The SEC has filed a letter asking the ruling court of its ongoing lawsuit against Ripple to seal portions of the filings relating to the SEC’s expert witnesses. “In addition,...
‘Don’t Believe or Spread Rumors,’ Says Hotbit Exchange to Users
Over the last couple of days, there has been some concern about the Hotbit exchange. Hotbit had made an announcement on its website stating that the exchange has suspended all...
Rari Hack Victims to Share in Tribe DAO $157M Redemption Scheme
Tribe DAO has suggested an approximately $157 million redemption plan to disperse any remaining DAO-controlled assets to TRIBE holders. Victims of the Rari hack early this year will also be...
YouTube Crypto Analyst Warns About Bitcoin, Altcoin Dump
EllioTrades Crypto warns about common trading misconceptions and traders’ impulsiveness during a bear market. The YouTuber thinks if traders aggressively short and long, they may lose their investments. The analyst...
Lightning Network Has Huge Channel Jamming Problem
The Lightning Network might be having a channel jamming problem. Channel jamming makes forwarding payments almost impossible. This means that one of the solutions to jamming on the LN lies...
‘Limit Issuance of US Dollar-backed Stablecoins to Banks,’ Says CEO
United Texas CEO recommends limiting the issuance of U.S. dollar-backed stablecoins to licensed banks instead of to issuers such as Circle. The CEO was addressing a gathering at the Texas...
Dogecoin Update: DOGE Ready to Breakout of Multi-Year Downtrend?
Dogecoin price witnessed a sudden decline and posted 13% losses overnight. Large wallet investors sold Dogecoin at its peak of $0.87 and engaged in mass profit-taking activities on the DOGE...
South Korean Prosecutors Investigate KOK Foundation Over Fraud Allegations
South Korean prosecutors are investigating the company KOK Foundation, which created Kok Coin, over fraud allegations. KOK Foundation promised to reward users with extra returns when they bring in new...
Gemini’s New Staking Platform Supports Staking MATIC on Polygon
Gemini Staking platform supports staking MATIC on Polygon network The platform simplifies staking and promises to cover costs related to staking VP of Product at Gemini expects staking to be...
BendDAO May Liquidate Nearly $55M worth of Bored Ape NFT
Some owners of Bored Ape Yacht Club NFTs who pledged them as security for ETH loans have defaulted. The loan has a 48-hour grace period before liquidation kicks. The floor...
BTC Futures Contract Long Liquidations Just Reach 8-Month High
BTC futures contracts long liquidation reached 8 month high on Okex. BTC’s price has tumbled around 7% in the last 24 hours. The daily 9 EMA line is looking to...
Meta, Microsoft Are ‘Digital Dictatorships, Says Crypto Juggernaut
Yat Sui wants to crush the dominance of Meta and Microsoft in the online world Animoca Brands Founder told Bloomberg that he and Web3 aim to take power from Big...
SBI to Shutdown Crypto Mining in Russia After ¥9.7 Billion Loss
The largest online brokerage in Japan is halting its mining operations in Russia. Chief financial officer intends to sell the equipment soon. For the three months, the company’s crypto asset...
ADA And XRP In The Red As Bullish Momentum Subsides
Ripple (XRP) andCardano (ADA) have seen their prices plunge. The price of XRP is currently $0.3456 after a 7.87% drop in price over the last 24 hours. Cardano is suffering...
Investors Lose Money as Untamed Isles Goes on ‘Hiatus’
Untamed Isles, a cryptocurrency-based Kickstarter initiative, has been halted with No refunds for initial backers. Josh Grant, CEO of Phat Loot Studios, said the game would be paused owing to...
Cardano Updates: Price Drop, Champ Medici Joins Clay Mates and More
Snoop Dogg’s son Champ Medici officially joined Clay Mates, a Cardano-based NFT project. Proponents believe Cardano’s Vasil hard fork could get delayed as test is “catastropically broken.” Cardano bleeds as...
BTC Down by 7% and More Than $200M Liquidated in The Market
BTC loses 7% and is now worth $21,800 at the time of writing. Altcoins like ETH DOT, ADA, BNB, and XRP are also seeing a steep decline in prices. SHIB...
Social Media Expert Believes CBDCs Can Be Programmed Against Users
Social media expert Layah Heilpern stated that the widespread rollout of a CBDC could lead to financial censorship. A CBDC will not allow governments to program the currency in such...
SHIB And DOGE Sees Huge Corrections After Reaching Their Tops
Things for Dogecoin (DOGE), and Shiba Inu (SHIB) have been dying down over the last few days. Whales were once again able to foreshadow the ideal profit-taking moments. SHIB is...
HUSD Slowly Recovers After Losing Its Dollar Peg
The value of HUSD fell 14.7% on August 18, according to CoinMarketCap, making it the latest cryptocurrency to lose parity with the U.S. dollar. HUSD has been gradually regaining ground...
Philippines Warns Citizens About Engaging With Unregistered Cryptocurrency Exchanges
The Philippines’ central bank issued a public warning to citizens about unregistered and foreign crypto service providers. Frauds and scams contribute to a large portion of cryptocurrency-based crimes. BSP explains...
Randi Zuckerberg Says Web3 is ‘Chaotic,’ Requiring Too Many Steps
Randi Zuckerberg thinks Web3 is an ideal paradise but still far into the future with many complicated steps. She thinks the existing metaverses provide a barrier to continued growth since...
Independent Examiner Necessary in Celsius Case: US Trustee Office
U.S Trustee Office requests an independent examiner for Celsius bankruptcy case, the court filing says. This could decide whether or not legal claims can be launched against the company’s management....
