Users not able to sell Squid Game token clocking 45,000% gains
The crypto community suspects the token inspired by the Netflix show Squid Game of being a scam. Go to Source Powered by WPeMatico
Month: October 2021
Axie Infinity, Decentraland, and ‘metaverse’ cryptos rally after Facebook rebrands to Meta
The net market capitalization of Metaverse tokens grew 13.40% to $12.36 billion in the previous 24 hours. Go to Source Powered by WPeMatico
Ethereum Captures New All-Time Price High — ETH Market Cap Surpasses $510 Billion
Nine days ago, bitcoin reached a new all-time high (ATH) and now the second leading crypto asset ethereum has tapped an ATH on Friday morning. Ethereum reached a high of $4,416 per unit and has since retreated around 2% down from that price position. Ethereum Reaches New All-Time Price High The second-largest crypto market capitalization … Read more
Major Russian bank explores crypto investment amid strong demand
One way or another, Russians get exposure to crypto even if they go abroad, Tinkoff Investments’ head said. Go to Source Powered by WPeMatico
Huobi closes crypto derivatives as part of wind-down for Chinese traders
By shutting down derivatives trading on Huobi, the company takes one more step toward closing its operations in China. Go to Source Powered by WPeMatico
Kazakhstan Expects $1.5 Billion From Crypto Mining in 5 Years, Estimates Suggest
Crypto miners now bring more than $230 million into the economy of Kazakhstan each year and estimates show the figure could increase significantly in the future. The industry’s leading organization has projected that the government can collect more than $300 million in taxes over the next five years. Kazakhstan Makes Millions From Cryptocurrency Miners Kazakhstan’s … Read more
Biggest Bitcoin fund in the world could become ETF by July as GBTC nears $40 billion AUM
Filing to convert GBTC now is “perfect timing,” the company’s ETF head argues, but concerns remain over the overall strength of the industry. Go to Source Powered by WPeMatico
Australian securities regulator issues guidelines for crypto ETPs
The Australian securities regulator decided not to require crypto ETF providers to hold domestic crypto custody. Go to Source Powered by WPeMatico
Cream Finance Suffers $130 Million Hack
Ethereum defi protocol Cream Finance suffered an exploit yesterday that allowed attackers to steal $130 million from its holdings. The news was first revealed by Peckshield, a blockchain analytics company that discovered a flash loan had exploited the platform. This is the third hack the protocol has suffered in its history, being exploited for $36 … Read more
Russian crypto market worth $500B despite bad regulation, says exec
Many crypto exchanges with Russian roots have fled the country or operate illegally, Blockchain Life’s founder said. Go to Source Powered by WPeMatico
