Correlation growing between crypto and equity markets in Asia, says IMF
New data shows a 10-fold increase in the return correlations between Bitcoin and stocks in some regions. Before the COVID-19...
Day: August 22, 2022
USDC whale holdings percentage lowest in almost two years
USDC tokens held by the largest addresses have dropped to a two-year low as Circle freezes Tornado Cash-related assets. The...
Stablecoin issuers hold more US debt than Berkshire Hathaway: Report
Tether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more...
Hackers Used Deepfake of Binance CCO to Perform Exchange Listing Scams
A set of hackers managed to impersonate Binance chief communications officer (CCO) Patrick Hillmann in a series of video calls...
Russian Caught Mining Crypto in Covid-19 Clinic
An IT specialist working for a medical institution in Russia’s Altai Republic has been detained for illegally mining cryptocurrency at...
Ethereum’s Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship
The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has...
BendDAO contract drained overnight with 15 ETH left to pay lenders
Many nonfungible tokens (NFTs) that were used as collateral in the platform have defaulted without any bids. Lending protocol BendDAO...
Crypto tax can wait, free coins can’t: S. Korea mulls ‘gift tax’ for airdrops
South Korea has postponed its crypto gains tax on multiple occasions due to a lack of investor protection measures and...
What’s going on with Cardano’s testnet and Vasil hard fork?
The issues surrounding the Cardano Vasil hard fork have been “incredibly corrosive and damaging,” according to founder Charles Hoskinson, who’s...
BTC to lose $21K despite miners’ capitulation exit? 5 things to know in Bitcoin this week
Miners are a glimmer of hope in a barren Bitcoin landscape this week ahead of a key Federal Reserve event...
Average Bitcoin transaction fee drops under $1 as network difficulty recovers
In addition to timely upgrades, the drop in transaction fees can be attributed to multiple factors, including falling market prices...
Bitcoin Price Prediction for Today August 21: BTC Price Declines as It Revisits $20.7K Support
Bitcoin Faces another Rejection as It Revisits $20.7K Support – August 21, 2022 Bitcoin’s (BTC) price upward correction is stalled...
GameStop NFT daily fee revenue plunges under $4K as gloom infects markets
GameStop NFT has generated roughly $166,800 worth of sales volume over the past 24 hours, with the platform charging only...
8 sneaky crypto scams on Twitter right now
A 19-part thread outlines the sophisticated strategies scammers are using to part crypto users from their funds. Cybersecurity analyst Serpent...
3 reasons why Bitcoin’s drop to $21K and the marketwide sell-off could be worse than you think
There are signs of further turbulence ahead. The absence of a BTC futures premium, $470 million in liquidations and excessive...
