Category: Cryptocurrency

Aug 25
ATOM price is reaching for the Cosmos, but why?

As a market crash takes place, assets become oversold and typically there’s an “oversold bounce,” “return to mean,” “mean reversion,” or some price snapback to the bottom of the pre-crash range.  Afterward, the asset under study either consolidates, continues the downtrend, or returns to the bullish uptrend if the downside catalyst was not significant enough […]

Aug 25
US court gives Voyager green light to pay bonuses to key employees

Voyager Digital will pay $1.9 million in retention bonuses to key staff members to ensure the beleaguered cryptocurrency lender can continue operating through bankruptcy proceedings. 879 Total views 65 Total shares A New York bankruptcy court has given embattled cryptocurrency brokerage Voyager Digital the green light to pay retention bonuses to key staff members. The […]

Aug 25
Ruling to keep Tornado Cash developer in jail for 90 days sparks backlash

A judge ruled that the developer must stay in jail for 90 days while awaiting charges and a court date. 1053 Total views 44 Total shares A judge in the Netherlands ruled that Tornado Cash developer Alexey Pertsev has to stay in jail for 90 more days while waiting for charges. Puzzled by the decision, […]

Aug 25
72% of Russians say they have never bought Bitcoin: Survey

A new survey hints at a lack of crypto awareness in Russia as only 6% of respondents were found to have good knowledge of crypto. 865 Total views 52 Total shares Cryptocurrency adoption in Russia has not been moving too fast as an overwhelming majority of Russians have apparently not ever bought crypto, according to […]

Aug 25
ETH whales move holdings onto exchanges before Merge

The top-10 Ethereum non-exchange addresses have seen an 11% decline in their holdings while on-exchange whale addresses have seen a 78% increase over the past three months. 1880 Total views 13 Total shares Ethereum blockchain is slated for one of the biggest updates since its inception, as it will transition to a proof-of-stake (PoS) mining […]

Aug 25
Vitalik: People still ‘underrate’ the superiority of crypto payments

The Ethereum co-founder suggests that cryptocurrency payments are a “big boost” to international business, charity, and even payments within countries. 3106 Total views 141 Total shares Ethereum co-founder Vitalik Buterin suggests the superiority of cryptocurrency for payments is often “underrated” compared to fiat, pointing to the convenience of international payments and payments to charities as […]

Aug 25
Nifty: M&M’s jump into BAYC mania, a Pudgy Penguin sells for 400 ETH and more

Global confectionery giant Mars has teamed up with virtual metaverse band KINGSHIP to create limited edition boxes of M&M’s featuring content from the Bored Ape Yacht Club (BAYC). KINGSHIP is a group made up of three BAYC NFT hodlers and one Mutant Ape Yacht Club (MAYC) owner. As part of the deal, the avatars depicted […]

Aug 25
Nvidia cites limited visibility into crypto mining’s impact on Q2 results

Nvidia’s CFO said falling crypto prices and changes in consensus mechanisms have in the past impacted demand for its products and the company’s ability to estimate it. 235 Total views 87 Total shares Graphics card giant Nvidia CFO Colette Kress says the company has been unable to estimate reduced crypto mining demand impacted its Q2 […]

Aug 25
‘Atozy you’ve won’ — Bitboy drops lawsuit after $200K defense raised

“So we are gonna drop the lawsuit, 100% and I’m sorry this became public,” said Ben Armstrong. 589 Total views 37 Total shares Ben Armstrong, the man behind Bitboy Crypto said that he is dropping the defamation suit against fellow Youtube content creator Erling Mengshoel Jr., who goes by the name Atozy. Armstrong officially filed […]

Aug 25
It’s a go! Uniswap Foundation becomes reality after 86M votes in favor

The $74 million plan by two former Uniswap Lab executives for a new Uniswap Foundation has just become reality after their proposal received over 99% of the votes from UNI token holders. According to the initial proposal, the foundation aims to streamline Uniswap’s Grant Program (UPG) and reduce friction in the protocol’s governance system.  Former […]