Category Archive: Cryptocurrency, No picture
CipherTrace Releases DHS-Funded Monero Tracing Tools
Key Takeaways CipherTrace has released a set of Monero tracing tools. The toolset is the result of funding from the U.S. Department of Homeland Services that began last year. The Monero community is skeptical of the tool’s effectiveness. Blockchain analytics firm CipherTrace has announced the release of a set of tracing tools for use with […]
Oscar Mayer Creates One-Off Pack of Dogecoin Hot Dogs
Meat and cold cut company Oscar Mayer is auctioning off a pack of Dogecoin-themed hot dogs, as announced on Twitter. đź’ŽBEHODLđź’Ž This limited-edition pack of Hot Doge Wieners that comes with the cash value of 🚀 10,000 Dogecoins 🚀 There’s only one pack in existence… and it can be yours 🤑 Bid it for a […]
Ethereum Targets $3,200 Ahead of EIP-1559 Update
Key Takeaways Ethereum looks poised to advance further as the EIP-1559 update approaches. Transaction history shows that there is no supply barrier ahead of Ether. Meanwhile, the technicals project a $3,200 target for ETH. This news was brought to you by Phemex, our preferred Derivatives Partner. As speculation mounts around the EIP-1559 update, market participants […]
Axie Infinity Generated More Revenue than Bitcoin or Ethereum in July
Key Takeaways With $207 million revenue in July, Axie Infinity ranks higher than Ethereum, Binance Smart Chain, or Bitcoin. The blockchain game has also seen four times more trading volume than any other NFT project, including popular CryptoPunks. With new key updates to its battle system, the game’s team expects a lot of news in […]
Crypto Briefing’s CB10 Index Rebalances to BTC, ETH
Key Takeaways Bitcoin and Ethereum were CB10’s top gainers last month. The rebalancing for August saw only small changes in token allocation percentages with no new additions. Dogecoin was the biggest loser of the index as the meme crypto dropped by 18.1% in July. Crypto Briefing’s crypto market index CB10 has made additional room for […]
Ripple CEO Granted Access To Binance XRP Docs
Key Takeaways The court in Ripple’s ongoing lawsuit with the SEC has granted Brad Garlinghouse’s motion to obtain documents from Binance. The motion was filed to gather data on all XRP sales made on Binance, the largest crypto exchange by trading volume. The Ripple team plans to show that the SEC may not have jurisdiction […]
Bitcoin SV Price Holds Despite 51% Attack
Key Takeaways Bitcoin SV, a Proof-o-Work fork of Bitcoin Cash created by Craig Wright, has suffered a 51% attack. Bitcoin SV blocks were reorganized by an unknown miner, who continues to have influence in the network. Despite the incident, the price of BSV has only declined by around 6%. After Bitcoin SV has been hit […]
DeFi Project Popsicle Finance Suffers $25 Million Attack
Key Takeaways Popsicle Finance has been hacked, with attackers draining approximately $25 million. The attacker tricked the Fragola liquidity manager into paying out large amounts of Ethereum. The attack on Popsicle Finance was bigger than all previous hacks in July combined. This news was brought to you by ANKR, our preferred DeFi Partner. Yield optimization […]
Monero Developer Comments on Fluffypony Arrest
Key Takeaways Details around Riccardo “Fluffpony” Spagni’s arrest have emerged. The Monero development team has locked certain accounts in case authorities demand information from Spagni. Meanwhile, Spagni and his lawyers have commented on the case, arguing that he can safely be released. New details around the arrest of Riccardo “fluffypony” Spagni emerged today. One Monero […]
SEC’s Gary Gensler Calls For Further Crypto Regulation
Key Takeaways Gary Gensler believes cryptocurrency transactions are often used to skirt laws and launder money. He added that the asset class was rife with fraud and scams, and insisted on protecting US investors. He implied that more regulation was coming for exchanges who would also receive more guidance from the SEC. While many expected […]
