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News – Page 486 – DIGIT INFO

Crypto Firm Freeway Updates Community, Says Trading Strategy ‘Failed’ and ‘Caused a Substantial Loss’

Four days ago, the crypto rewards platform Freeway.io, formally called Aubit, halted withdrawals on October 23 after citing it was protecting the firm’s portfolio from “market fluctuations and volatility.” Two days later, the team updated the community and explained on Tuesday that “one of Freeway’s trading strategies appears to have failed and caused a substantial … Read more

Blockchain.com Launches Crypto Visa Card With 1% Cashback Crypto Rewards

Crypto firm Blockchain.com has announced the launch of a new crypto-centric pre-paid Visa card and so far, 50,000 users have registered for the waitlist signup. In addition to launching its crypto Visa card powered by the card issuing platform Marqeta, Blockchain.com Visa users will earn 1% back in crypto whenever they spend funds using the … Read more

Google Admits Crypto Winter Is Hurting Ad Business

The digital asset market downturn that started the current crypto winter is negatively affecting search spending, Google has acknowledged. Ad growth in the third quarter fell to a low seen only once in almost a decade, the tech company revealed this week. With Fewer Crypto Ads, Google Registers 6% Ad Revenue Growth in Last Quarter … Read more

Ethereum Price Outperforms Bitcoin This Week as Bullish Momentum Continues

Cryptocurrency markets continue their bullish rise this week, with Bitcoin and Ethereum prices showing a significant improvement over the past seven days. The crypto market saw substantial bullish price action on Tuesday, which seems to continue today. The global cryptocurrency market cap is once again in bullish territory, currently at $1 trillion, up 3.30% in … Read more

Crypto Payments Firm Bitpay Adds MATIC Support, Panini America to Accept Polygon Payments

Bitcoin and crypto payment services provider Bitpay has announced that the company now supports the Polygon (MATIC) network. According to the firm, Bitpay app users will be able to store, trade, and spend MATIC later this week, and the collectibles company Panini America will be Bitpay’s first merchant to accept MATIC payments. Bitpay Reveals Polygon … Read more

Crypto Market Update for Oct 25th – Bitcoin and Ethereum Prices Show Bullish Momentum

After little change last week and a slow start on Monday, Bitcoin and Ethereum prices are showing significant bullish momentum today, with BTC peaking above $20k and Ethereum rallying past $1,400. The global cryptocurrency market cap is up 3% today, currently at $957 billion. There’s no doubt that the markets are highly bullish today. Let’s … Read more

Report: Saudi Government Privately Mocks Joe Biden’s Mental Acuity, Crown Prince Denies US President’s Oil Requests

According to a recent report, members of the Saudi government and crown prince Mohammed bin Salman have been privately mocking U.S. president Joe Biden by questioning his keenness of thought and mental acuity. The report follows Biden’s recent trip to the region in July, when the U.S. president pressed the Saudis for more oil production, … Read more

‘Sleeping Bitcoin’ Spends Slow Down Considerably in 2022, as 92 Decade-Old BTC Worth $1.79 Million Wake Up

While the price of bitcoin has remained range bound and coasting along just above the $19K zone, over 60% of the bitcoin in circulation has not moved in a year or more. Moreover, there’s been very few transfers from bitcoins stemming from 2010, and it’s been more than two months since the last 2010 block … Read more

A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’

A crypto rewards platform called Freeway.io has notified users that it decided to reallocate capital in order to “manage exposure to future market fluctuations and volatility.” In doing so, users are unable to withdraw funds from the platform, and the Freeway team explained that amid the reallocation process, the team could not comment further. Crypto … Read more

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