Ethereum 2.0 stakers face a 36.5% larger loss than ETH spot investors — report
The Ether losses risk becoming steeper due to unfavorable technical and macroeconomic indicators. Go to Source Powered by WPeMatico
Month: July 2022
Bitstamp cancels ‘inactivity fee’ plans after huge backlash
Bitstamp makes a U-turn on the planned €10 ‘inactivity fee’ against users after widespread criticism, cites administrative fees as the reason for the proposed move. Go to Source Powered by WPeMatico
Policy think tank asks Philippine government to ban Binance over promotions
Binance responded to the letter saying that they take compliance seriously and are looking to secure licenses in the country. Go to Source Powered by WPeMatico
Satoshi milkshake experiment shows kids can HODL Bitcoin too
The famous Stanford Marshmallow Experiment takes the orange pill during a study of 25 school kids on the Isle of Man. Go to Source Powered by WPeMatico
Crema Finance Hacker Negotiates With Defi Project’s Team, Returns $8 Million in ETH and SOL
Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto assets. According to the team, the hacker agreed to take a white hat bounty worth 45,455 solana. Hacker Returns $8 Million in Crypto to Crema … Read more
Animoca, WeMade, Samsung Next back Web3 studio to develop open-source games
The company plans to use the funds to build a gaming ecosystem based on Libplanet blockchain technology. Go to Source Powered by WPeMatico
British investment managers call for the blockchain-traded funds’ approval
The Investment Association believes the new technology will bring significant cost savings for end investors. Go to Source Powered by WPeMatico
Report: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation
The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme has failed. This is evidenced by the local currency’s plunge of more than 25% since the launch of the incentive scheme in March 2021. Naira Depreciation The CBN’s scheme that encourages recipients of cross-border remittances … Read more
Genesis Trading CEO confirms 3AC exposure, parent company helps plug losses
Genesis Trading soldiers on after confirming 3AC exposure, while parent company Digital Currency Group assumes a portion of liability after losses. Go to Source Powered by WPeMatico
Key Bitcoin chart ‘will confirm bottom is in’ by July 15, says trader
It’s all about two moving averages crossing over as proof that BTC price action is done with the dip. Go to Source Powered by WPeMatico
