Coin Edition
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....
Crypto.com Exchange Reduces Trading Fees by up to 80%
Crypto.com announces that trading fees have been reduced by up to 80%. The team states that this new trading fee structure lowers the barrier to cryptocurrency trading. The new structure...
Bybit To List Top Seven Football Fan Tokens From European Football Clubs
Bybit will list the top seven football fan tokens on its exchange. This includes PSG, ACM, BAR, AFC, INTER, CITY, and JUV. Users can earn digital services from these tokens...
CME Group Announces Launch Options on ETH Futures Ahead of Merge
CME Group plans to launch options on ether futures on September 12. CME Group’s existing suite of cryptocurrency options contracts includes Bitcoin options, micro-sized Bitcoin, and Ether options. The launch...
What Is the Ethereum Merge and Why Is Everybody Talking About it?
What is the Merge? Ethereum, the world’s second-largest cryptocurrency’s blockchain, is preparing to switch to a ‘Proof-of-Stake’ (PoS) protocol. Before we talk about the Merge, let’s learn what is Ethereum....
Decentral Games to Launch Sit-n-Go Tournament Mode on ICE Poker Flex
Decentral Games will launch its Sit-n-Go Tournament Mode. This mode will add a fast-paced, 6-player, single-elimination tournament. Also, the entry requirements are less compared to the standard challenge mode. Play-and-earn...
BTC, ETH, LTC, and BCH Dodge Canadian Net Buy Limit Regulations List
The regulations do not apply to residents in British Columbia, Alberta, Manitoba, or Quebec. Net buy limits affect the net amount of crypto investors can buy to 30,000 CAD. These...
BitMEX Founder Talks on ETH Merge and Market Psychology
BitMEX founder Arthur Hayes speaks of the ETH Merge and its price. He specifies that there is a reflexive relation between ETH Merge and search trend. Also, he indicates that...
Coinbase Wallet Now Supports Bridging Ethereum, Polygon in Browser
Coinbase Wallet now supports assets bridging between Ethereum and Polygon in the browser extension. At the moment, the new feature works only on browser extensions. Nonetheless, Coinbase pledged to make...
Coinbase CEO Puts Staking Service at Risk To Keep Ethereum’s Integrity
Brian Armstrong opts to shut down the staking service and preserve network integrity. JP Morgan Analysts predict Coinbase could go bullish. Armstrong’s view on sanctioning Tornado Cash by the US...
Meta’s Metaverse Gets Mocked by Hundreds of People Online
Meta released its metaverse in Spain and France this week. The CEO of Meta, Mark Zuckerberg, was mocked by hundreds online for the metaverse’s poor graphics. Currently, Meta has racked...
Crypto TV Ad Spending Fall by 99% to $36k from $84M
Crypto TV spending by major crypto firms, including the trading platforms Crypto.com, Coinbase Global Inc., and FTX, fell to $36,000 in July. However, an Australian crypto investment platform, Block Earner,...
Canadian Pension Fund (CDPQ) Writes Off Celsius Investment
The Canadian pension fund, Caisse de depot et placement du Quebec (CDPQ) has written off its investment in the crypto lending firm Celsius. According to Edmond, CDPQ entered into the...
Bitcoin (BTC) Transaction Volume Just Reached a 1-Month Low
Bitcoin (BTC) transaction volume has just reached a one month low. Bitcoin’s price has been in a downtrend over the last two days. BTC’s price is resting on a support...
ECB Research Paper Upholds CBDC, Says Cash Unfit for Digital Age
Researchers at the European Central Bank said introducing CBDC is the only option” to ensure the present monetary system. They made the conclusion after reviewing information from 150 research papers...
KoFIU Protects Users Against 16 Illegal Cryptocurrency Exchanges
KoFIU notified investigative agencies about 16 unregistered cryptocurrency exchanges. According to the Special Financial Information Act, unregistered businesses may be punished by imprisonment for five years or ordered to pay...
BitConnect Founder Satish Kumbhani Under Investigation In India
The founder of the crypto investment platform BitConnect, Satish Kumbhani, is being investigated in India. This is not the first time that the founder of BitConnect has faced legal action....
Multi-Chain Bridge on Celer Network Shut Down Due to DNS Attack
There have been reports of a possible DNS hijacking of the cBridge frontend, according to Celer Network. For the time being, Celer Network recommends that users refrain from using cBridge...
$54M in Crypto Donations Helps Ukraine’s Defense Efforts
A chunk of the $54 million in crypto donated to Ukraine during Russia’s invasion earlier this year was used to buy weaponry, drones, digital rifle sights, and non-lethal devices. Ukraine’s...
Community Submits Proposal To Return aUSD Error Mints: Acala
Acala Network disclosed that a community proposal was submitted to return 1.68 billion aUSD error mints in the iBTC/aUSD liquidity pool. A sentiment vote is live to gather feedback from...
ETH Starts A Fresh Decline From The $1,950 Resistance Zone
Ethereum (ETH) still remains in a bearish zone and is trading below the $2,000 resistance. If the ETH price is able to move above the $1,920, it could lead to...
Three Reasons Why MATIC Price is Ready to Swing by $1.05 Again
MATIC price is trapped below the barrier of resistance at $0.96, preparing for another rally to $1.05. Polygon Network’s selection for Disney Accelerator Program and MATIC’s push in Web3 and...
