As part of its years-long push towards using blockchain to empower its communities, Reddit has partnered with crypto exchange FTX, according to an Aug. 9 press release. The partnership will enable Reddit users to use FTX Pay to pay for gas fees of Community Points transactions. In 2020, Reddit launched blockchain-based Community Points tokens to […]
Selling Bitcoin doesn’t mean you’re not bullish: Cypherpunk CEO
Cypherpunk is one of the first public firms in the world to ever invest in Bitcoin and it opted to sell 100% of its crypto by June 2022. Despite a massive wave of liquidations on the cryptocurrency market, some companies that sold their crypto over the past few months are not bearish on Bitcoin (BTC) […]
‘IBC is a serious alternative for secure cross-chain communication,’ says Sunny Aggarwal of Osmosis
So far, Cosmos’ IBC seems to have stayed clear of troubled waters. On August 2, the Nomad token bridge became yet another victim of cross-chain hacking after the protocol suffered a $190 million exploit. Joining a list of casualties alongside Axie Infinity’s Ronin Bridge and Solana’s Wormhole, many industry experts have cast doubt on the […]
China’s Cyberspace Administration issues warning on promotional cryptocurrency material
The Cyberspace Administration of China (CAC) issued a new warning about “illegal information, accounts and websites” promoting cryptocurrency on August 9. CAC on a mission to clean up cryptocurrency propaganda In May 2021, authorities clamped down on Proof-of-Work mining. This was soon followed by the People’s Bank of China enacting a complete ban on cryptocurrency […]
Circle says freezing wallets went against its beliefs on an open internet
USDC stablecoin issuer Circle released a statement to clarify its stance after freezing all ETH addresses affected by the U.S. Treasury Department‘s sanction against Tornado Cash. In compliance with regulatory requirements following the ban, Circle had to activate a “blacklist function” to freeze the blacklisted accounts. By implication, all USDC funds held in the wallets cannot be […]
Ethereum(ETH) Price Appearing Weak, May Retest $1600- Claims Micheal van de Poppe
The post Ethereum(ETH) Price Appearing Weak, May Retest $1600- Claims Micheal van de Poppe appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Ethereum price is constantly facing rejections in an attempt to slice through the immediate highs above $1750. The recent upswing had raised the heat that escalated the price beyond […]
This Bitcoin Indicator Points Massive Bull Run, As Per Expert Tone Vays
The post This Bitcoin Indicator Points Massive Bull Run, As Per Expert Tone Vays appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide A well-known crypto analyst and trader puts forth his analysis saying that Bitcoin’s price action is depicting the same pattern of 2018 and 2015 bear markets. During the recent […]
Alchemy and Infura block access to Tornado Cash as Vitalik Buterin weighs in on debate
U.S. persons and entities must comply with the Treasury’s sanctions or face possible criminal consequences. According to Twitter user @0xdev0, on Monday, Web3 development platform Alchemy and Infura.io blocked remote procedure call (RPC) requests to cryptocurrency mixer Tornado Cash, preventing users from accessing the applications. The day prior, the U.S. Treasury placed 44 smart contract […]
Bitcoin drops to support as looming CPI print shakes up crypto and stock markets
Traders tuck their tails as this week’s CPI print approaches and BTC and ETH price fall back into range to test underlying support. Crypto and equities markets took a bit of a tumble on Aug. 9 as traders grew a bit skittish ahead of tomorrow’s Consumer Price Index (CPI) report. The details of the print […]
These Are the Crypto Economy’s 5 Most Expensive Assets per Unit in August 2022
On July 18, 2021, Bitcoin.com News researched the top five most expensive crypto assets and at that time there were two digital currencies worth five digits in value, two tokens worth four digits in U.S. dollar value, and one valued at three digits. Today, a lot has changed but currently, bitcoin and the token yearn […]