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Archives by Year:
Poly Network Hacker Reveals $140M Wallet Private Key
Key Takeaways The Poly Network hacker has shared the private key to multi-sig wallet containing over $140 million worth of the takings from this month’s record-breaking attack. Last week, the hacker deposited most of the stolen funds into a multi-sig wallet controlled by both parties. The Poly Network team has thanked the hacker and announced […]
Visa Spent $150,000 on a CryptoPunk NFT
Visa has announced the purchase of a CryptoPunk NFT, furthering its commitment to understanding cryptocurrency services with the goal of offering them to its clients and customers. Visa Buys a CryptoPunk Visa has become the unlikely owner of a CryptoPunk. The financial services giant has revealed itself as the buyer of Punk #7610 in a […]
Feisty Doge Becomes Most Valuable NFT Ever
Key Takeaways Feisty Doge has become the world’s highest-valued NFT at over $85 million. Investors bought up fractions of the Doge NFT, sending prices soaring over 700%. NFTs have the potential to reach higher values through fractionalization. Feisty Doge has become the world’s most valuable NFT after investors piled into the fractionalized asset, causing a […]
Bitcoin Back Above $50,000 With $55,000 in Sight
Key Takeaways Bitcoin has broken through the psychological $50,000 resistance level. Further buying pressure could see it rise towards $55,000. The $49,200 support level could absorb any spike in profit-taking. This news was brought to you by Phemex, our preferred Derivatives Partner. Bitcoin is back above $50,000 for the first time in 100 days, and […]
Charting the Growth of the Solana Ecosystem
Key Takeaways Solana is a high-throughput Layer 1 blockchain offering fast, low-cost transactions. The project has been described as one of the strongest competitors to Ethereum. Solana has had a big year, with SOL climbing in value and rapid development in its DeFi ecosystem. We explain how Solana and its fast-growing ecosystem have established a […]
What Are DAOs? The Future of Global Organizations Explained
Key Takeaways DAO is an abbreviation for “Decentralized Autonomous Organization,” a community which interacts around hard-coded rules encoded in the blockchain. DAOs have seen exponential growth in 2021, most notably from DeFi protocols delegating governance to their communities. While DAOs have so far mostly been connected to crypto, traditional organizations could benefit from the technological […]
Facebook Says Most U.S. States Have Approved Novi
Key Takeaways Facebook financial executive David Marcus has revealed new progress regarding the company’s Diem stablecoin. He says Diem’s Novi wallet has been approved in most U.S. states. Marcus did not reveal a launch date for the stablecoin or wallet. Facebook executive David Marcus has provided an update on the regulatory status of Novi, the […]
Cardano Enters Price Discovery Mode Targeting $3
Key Takeaways Cardano just made a new all-time high of $2.58. If buy orders continue piling up, ADA could rise to $2.87. The $2.47 support level must hold for the bullish outlook to be validated. This news was brought to you by Phemex, our preferred Derivatives Partner. Cardano has stolen the crypto spotlight breaking its […]
Luna Yield Executes First Major Rug Pull on Solana
Key Takeaways Solana has suffered its first rug pull on Luna Yield, a recently launched high APY yield farm. The anonymous team at Luna Yield has since deleted their website, as well as their social media handles. The yield farm was incubated by SolPad, a Solana-based launchpad on Aug. 16. This news was brought to […]
Coinbase To Add Over $500M in Crypto to Its Holdings
Key Takeaways Coinbase received board approval to add $500 million in crypto to its balance sheet. Going forward, the company will allocate 10% of its profits into a diverse portfolio of crypto assets. Coinbase is the first publicly traded company to invest in crypto assets other than Bitcoin. This Exchange News was brought to you […]
