Conditions are conspiring to deliver fresh strength across altcoins, which suffered unduly as Bitcoin briefly hit levels below $30,000, a trader predicts.
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Axie Infinity Economy Booms as NFT Sales Rise
Axie Infinity, an Ethereum based game, is now one of the biggest successes of the play-to-earn model. Featuring NFT’s like the game characters, the game monetizes breeding these characters and selling them. As a result, there is now a growing demand for Axies, whose stats can make them reach high prices in markets. This has […]Powered by WPeMatico
Brazil’s ‘Bitcoin King’ arrested over 7,000 missing BTC
The alleged fraudster’s crypto brokerage filed for bankruptcy in 2019 after claiming to have been the victim of a hack.
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Barclays Blocks Customers From Sending Funds to Binance
Barclays has reported it no longer supports wiring funds to Binance, one of the largest cryptocurrency exchanges in terms of daily volume. The bank announced its issues with wiring funds to Binance in a resolution message to the customers today. The banking giant cites the warning that the Financial Conduct Authority (FCA) issued against Binance […]Powered by WPeMatico
BarnBridge unveils application to maintain portfolio weightings of ERC-20 tokens
BarnBridge’s “SMART Exposure” application automatically rebalances ERC-20 tokens held in a user’s portfolio to ensure they maintain specific weightings.
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YouTuber accused of engineering multi-million pump n dump via Uniswap
The YouTuber denied accusations he has rug-pulled on his followers while asserting that Million token is a “social project” that “should not be considered an investment.”
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‘Investors stay clear’: UBS warns regulators could pop ‘bubble-like crypto markets’
UBS has joined the phalanx of banks expressing concern over their customers investing in digital assets.
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Coinbase Actively Building Crypto Hub in India, Looking to Hire ‘Hundreds’ of People
The Nasdaq-listed cryptocurrency exchange Coinbase is actively building a cryptocurrency hub in India. The company says it has “ambitious plans” for the South Asian crypto hub and is looking to hire for many positions, including hundreds of engineers. Coinbase Has ‘Ambitious Plans’ for Its Indian Crypto Hub Coinbase published a blog post on Friday, authored […]Powered by WPeMatico
New York locals accuse gas-fired mining operation of heating Seneca Lake
Residents are concerned over the environmental impact of Greenidge’s gas-fired Bitcoin mining plant, asserting that the firm is heating the lake and may be killing marine life.
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UBS Advises ‘Stay Clear’ of Cryptocurrencies — Warns ‘Regulators Will Crack Down on Crypto’
Switzerland’s largest bank, UBS, has advised investors to “stay clear” of cryptocurrencies and “build their portfolio around less risky assets.” The UBS analysts warned that “Regulators have demonstrated they can and will crack down on crypto.” UBS’ Crypto Advice and Warning The global wealth management team at UBS warned in a note published last week […]Powered by WPeMatico