From the Blog

China’s BSN chair calls Bitcoin Ponzi, stablecoins ‘fine if regulated’

June 27, 2022

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Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a “Ponzi scheme” in any case, China’s BSN chair told Cointelegraph. 159 Total views 1 Total shares Amid the Chinese government continuing to celebrate the massive decline of cryptocurrency markets this year, one key local blockchain expert has referred […]

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Dogecoin price could rally 20% in July with this bullish reversal pattern

June 27, 2022

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Dogecoin (DOGE) looks ready to extend its rebound move despite the current crypto bear market. 79% chances DOGE will extend its rebound move DOGE’s price appears to have been painting a “bump-and-run-reversal (BARR) bottom” since May 11, a technical pattern that points to extended trend reversals in a bear market. It consists of three successful […]

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Catalonia is building its own metaverse, says innovation minister

June 27, 2022

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The government is hoping to make Barcelona a digital hub by offering various skills programs to university students and boot camps to cultivate talent. 307 Total views 21 Total shares Catalonian director-general of innovation Daniel Macro discussed some of the key efforts that the government has taken and worked on to make the region a […]

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Ethereum liquidity provider XCarnival negotiates return of 50% stolen ETH

June 27, 2022

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According to blockchain investigator Packshield, the hacker used a previously withdrawn pledged NFT from the Bored Ape Yacht Club (BAYC) collection as collateral to drain the assets. 425 Total views 10 Total shares XCarnival, a liquidity provider for the Ethereum ecosystem, recovered 1,467 Ether (ETH) just a day after suffering an exploit that drained 3,087 […]

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‘Smear campaign’: Nexo responds to accusations of stealing donations, siphoning funds from charity

June 27, 2022

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Cryptocurrency lending platform Nexo has hit back at what it called “fake news” and rumors that its founders were part of a charity embezzlement scandal, saying the claims are untrue and defamatory. It has issued a public cease and desist notice to the originator of the allegations. In a blog post about the claims, Nexo […]

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Google users think BTC is dead — 5 things to know in Bitcoin this week

June 27, 2022

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Bitcoin (BTC) starts a new week above $20,000 but heading for a new bearish record as a key support level remains out of reach. After a calm weekend punctuated by a brief spike to near $22,000, BTC/USD is back near the Friday closing price of CME futures markets. A “round trip” thus allows traders to […]

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2022 bear market has been the worst on record — Glassnode

June 27, 2022

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Recent on-chain analysis by Glassnode has shown that the current Bitcoin bear cycle is playing out as the worst one in history. 4391 Total views 51 Total shares Several factors have contributed to making the current crypto bear market the worst ever recorded as most Bitcoin (BTC) traders are underwater and continue to sell at […]

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ANZ’s stablecoin used to buy tokenized carbon credits

June 27, 2022

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The latest A$DC transaction saw ANZ’s institutional partner Victor Smorgon use A$DC to purchase Australian Carbon Credit Units from blockchain-based carbon trading platform BetaCarbon. 1854 Total views 35 Total shares ANZ’s stablecoin A$DC has been used to buy Australian tokenized carbon credits, marking another critical test of the asset’s use cases in the local economy. […]

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Harmony offers $1M bounty, but is it big enough?

June 27, 2022

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The Harmony team says it will offer $1 million to the hacker who exploited the Horizon Bridge for $100 million, but that may not be enough to get the funds back. 2532 Total views 44 Total shares The Harmony layer-1 blockchain project team has offered a bounty equal to just 1% of the $100 million […]

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Anonymous vows to bring Do Kwon’s ‘crimes’ to light

June 27, 2022

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Hacktivist group Anonymous has pledged to “make sure” Terra co-founder Do Kwon is “brought to justice as soon as possible” in regard to the collapse of the Terra (LUNA) and TerraUSD (UST) ecosystems in May.  On Sunday, a video purportedly coming from the Anonymous hacker group rehashed a laundry list of Kwon’s alleged wrongdoings, including […]

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