UST market cap has surged to flip BUSD, however, its trading volumes are still only around one-fifth worth of the Binance digital dollar.
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Beanstalk Farms loses $182M in DeFi governance exploit
The stablecoin protocol saw its own governance proposal system exploited enabling the malicious actors to extract all of its $182 million in collateral.
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MetaMask warns Apple users over iCloud phishing attacks
The firm warned that If an Apple user has enabled automatic iCloud backups of their MetaMask wallet data, their seed phrase is being stored online.
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SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale
Grayscale Investments’ CEO explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act by not approving a spot bitcoin exchange-traded fund (ETF). SEC Approving Spot Bitcoin ETF Is ‘a Matter of When and Not If’ The U.S. Securities and Exchange Commission (SEC) has now approved not one but two […]Powered by WPeMatico
Top 3 Metaverse Coins Gaining The Most Price Today (MLT, XNL, ICE)
While cryptocurrency markets continue to trade sideways with a slight bearish momentum as Bitcoin and Ethereum struggle to hold support, several Metaverse coins have shown double-digit percent growth in the past 24 hours, signaling the tremendous potential of the niche. Today we look at the top three Metaverse coins gaining the most price, ordered by the 24-hour price increase, lowest to highest. 3. MILC Platform (MLT) +12.62% Launching its token in May 2021, MILC Metaverse and Platform describes itself as a Metaverse for the media industry that will bridge the gap between the content producers and the audience. Mediavierse from
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Fidelity Investments Launches Crypto, Metaverse ETFs — Says ‘We Continue to See Demand’
Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. “We continue to see demand, particularly from young investors, for access to the rapidly growing industries,” said Fidelity. Fidelity Sees Demand for Crypto, Metaverse Investments Fidelity […]Powered by WPeMatico
What are wash trading and money laundering in NFTs?
The simultaneous purchase and sale of crypto assets is called wash trading. Read this guide to understand the purpose of a wash trade.
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NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales
Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% this week. Moreover, over the last seven days, an NFT collection called Moonbirds saw the […]Powered by WPeMatico
Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin miners that can process at speeds up to 110 terahash, […]Powered by WPeMatico
Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament
A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market for digital assets. Russian Deputies to Review Law on Crypto-Related Taxation The federal government of […]Powered by WPeMatico