Crypto News in 60 Seconds
October 21, 2022
The company that owns Thailand’s Siam Commercial Bank has delayed a deal to buy a controlling stake in the country’s largest cryptocurrency exchange, BitCup. The decision was made against the backdrop of tight digital currency regulations that limit the growth of domestic cryptocurrency trading. SCB X, the parent company of Siam Commercial Bank, filed its […]
October 19, 2022
Zambian Kwacha surpasses the Russian Ruble to become the world’s best-performing currency thanks to IMF bailout approval. The southern African country’s currency, the kwacha, rose 3.1 percent after the International Monetary Fund announced approval of an aid package for Zambia. After this growth, the kvacha surpassed the Russian ruble to become the world’s best currency […]
Will the recovery to $22k be lost with Bitcoin Whale Exchange inflows? The influx of bitcoin whales on the exchange has recently hit an all-time high, and Chain data show that the recent buildup above $ 22,000 may not last long. As one analyst noted in a CryptoQuant publication, current whale deposits for exchanges are […]
October 18, 2022
Do Kwon’s passport will be revoked by South Korea’s ministry of foreign affairs, according to a report. According to local reports from South Korea, the Ministry of Foreign Affairs is seeking to cancel the passport of Doo Kwon, one of the founders of Terraform Laboratories. The story comes a day after it was announced that […]
Wu Blockchain said that against the wishes of the Aptos team, Binance will launch its APT perpetual contract product on October 19, with up to 25x leverage. OKX joined Binance and launched a similar product on the same day. Perpetual contracts allow for both long and short positions. After its recent appearance, the controversial Aptos […]
In light of the weak market, US states are reconsidering crypto tax payments. According to Bloomberg News on July 5, U.S. states are reconsidering accepting tax payments due to the bear market prices, with the exception of Colorado and Utah. Although Colorado and Utah didn’t flinch, they still need to work out administrative issues […]
October 15, 2022
They formed a strategic partnership to create the STEPN Virtual City in GigaSpace. New GigaSpace Metawares has entered into a strategic partnership with the STEPN fitness program to create a STEPN virtual city for its community. Sharing the same vision with STEPN – building a bridge connecting Web2 & Web3, GigaSpace is building a virtual […]
October 14, 2022
Mike Alfred, an investor, criticises HEX as it drops below $0.04. Prominent investor Mike Alfred recently criticized Hex for the mining token falling below $0.04. The bulls pushed the price above this level to $0.042. However, HEX has lost 85% of its value since the beginning of the year and is down 92% from its […]
Before the worst economic crash in history, Robert Kiyosaki urges investors to invest in cryptocurrencies now. Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, predicted the worst economic collapse in world history and urged investors to immediately move into digital currencies. “Now is the time for you to do cryptography,” he emphasized. […]
Avalanche’s lead Ethereum developer prevented an ecosystem meltdown worth $24 billion. Ethereum developer Peter Szilagyi published his vulnerability report detailing how a bug discovered in Avalanche could bring down the entire network. On March 29, 2022, Péter Szilágyi discovered a bug in the PeerList Avalanche package that could easily be exploited by an attacker. He […]
As more than $150 million is liquidated in 24 hours, ETH drops below $1,500. The biggest liquidation candle of the month erased most of Ethereum’s post-merger gains. After the transition to the Proof of Stake network, ETH reached $1,640, which many believe will be the start of an uptrend. However, aggressive liquidation pushed the price […]
October 13, 2022
The NBA and Sorare Collaborate to Create a Licensed NFT Game. French fantasy gaming startup Sorare has struck a deal with the National Basketball Association (NBA) to develop a non-fungible token (NFT) game under its license. The company, which has already signed similar agreements with a number of European soccer leagues, including North America’s Major […]
