Category Archive: Cryptocurrency, No picture
Exodus Wallet Offers Shares Ahead of Coinbase IPO
Key Takeaways Crypto wallet company Exodus has begun to sell corporate shares after gaining approval from the SEC this week. The news comes ahead of upcoming stock offerings from Coinbase, Kraken, and Robinhood. Exodus has chosen to trade shares on its own platform rather than on a mainstream stock exchange. This Exchange News was brought […]
Paxful Says Bitcoin Buyers Are Safe From Data Breach
Key Takeaways A seller on RaidForums has attempted to sell data that supposedly originated from crypto exchange Paxful. Paxful says that the data is not user records from its exchange, but rather old employee records from a payroll site. Though Paxful’s account of the incident is likely correct, breaches of user data are quite commonplace. […]
HSBC Reportedly Blocking Investments in Key Bitcoin Advocate
HSBC, the world’s sixth-largest bank that has blocked customers from banking Bitcoin profits in the past, has allegedly classified Microstrategy as a “virtual currency product.” HSBC Blocks Clients, Again Microstrategy is a business analytics firm that has been encouraging businesses to adopt Bitcoin — most notably their influential founder and CEO Michael Saylor. Microstrategy has […]
No-Fee NFTs Save Immutable X Users $400k in 24 Hours
This news was brought to you by ANKR, our preferred DeFi Partner. The Immutable X L2 NFT marketplace launched yesterday on Apr. 08, making gas fees totally free for users. $414,480 Saved on Day One of Launch The Immutable X marketplace opened yesterday, allowing users to buy in-game assets for its Immutable’s own blockchain trading […]
CipherTrace and Chainlink Just Made DeFi More Compliant
Key Takeaways CipherTrace’s new solution is targeted at helping DeFi projects be compliant with the Office of Foreign Assets Control (OFAC) sanctions. Like all other business sectors, DeFi activities like swapping tokens, borrowing, and lending are subject to regulatory compliance. The solution has been developed on Chainlink, a decentralized oracle network that connects real-world data […]
After Beeple, CryptoPunks Are Coming to Christie’s
After selling Beeple’s “Everydays: The First 5,000 Days” for $69 million, popular auction house, Christie’s will now sell nine rare CryptoPunks in May. Christie’s Continues NFT Mania One of the world’s most respected auction houses continues its foray into crypto art. After making Beeple’s artwork the third most expensive piece of art ever sold by […]
Vampire Attack or Innovation? Basketdao Storms the DeFi Index Scene
Key Takeaways BasketDAO’s main innovation is to replace DeFi tokens with their interest-bearing equivalents from Aave or Compound. BDPI is already the second DeFi index token in terms of market cap. With its governance token BASK, BasketDAO is incentivizing the migration of DPI holders. This news was brought to you by ANKR, our preferred DeFi […]
Monero Leader Accuses MobileCoin of Borrowing Code
Key Takeaways Riccardo Spagni of Monero has accused MobileCoin of using the former coin’s code without acknowledging its origins. Others have criticized MobileCoin for being overly centralized. The coin became more notable this week when Signal decided to adopt it as a means of payment. This news was brought to you by Phemex, our preferred […]
Ledger and Shopify Face Class Action Over Data Breach
Key Takeaways A lawsuit has been filed against hardware wallet provider Ledger and its e-commerce partner Shopify over a data breach. In 2020, rogue employees at Shopify exploited a database vulnerability in order to gain access to Ledger client list. The lawsuit alleges that Ledger failed to notify customers or admit to the full scope […]
Bitcoin, Ethereum, and XRP Are Primed for Higher Highs
Key Takeaways Bitcoin prices could fall and complete the right shoulder of an inverse head-and-shoulders pattern, then rise above $67,450. Ethereum must regain $2,050 as support before its market value to advance to a new all-time high of $2,500. After an explosive breakout, XRP prices may also rise further. This news was brought to you […]
