Day: September 17, 2021

PayPal completes crypto trading rollout for UK customers

PayPal officially announced on Friday that all eligible customers in the United Kingdom can now buy, hold and sell cryptocurrencies using their PayPal accounts. Customers can trade four major cryptocurrencies: Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). As announced previously, crypto trading will only be available to PayPal customers with verified identities. PayPal announced plans to move into the British cryptocurrency market in late August, immediately proceeding with a partial rollout of crypto trading services. The move marks the first expansion of PayPal’s cryptocurrency services beyond the United…

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Sushi’s token launchpad Miso hacked for $3M

The chief technology officer of decentralized finance (DeFi) platform Sushi Swap, Joseph Delong, announced that a hacker compromised the supply chain of its token launchpad platform Miso. According to Delong, the “anonymous contractor with the GH handle AristoK3 injected malicious code into the Miso front end,” replacing the auction wallet address with their own and subsequently acquiring 865 ETH, valued at $3 million. This data can be verified via EtherScan. The hacker exploited the single target of the Jay Pegs Auto Mart token auction, a parody NFT project imitating the value…

Next stop $85K for Bitcoin as analysts predict ‘explosive’ Q4 for BTC price action

Bitcoin (BTC) is heading for at least $85,000 in Q4 this year and could well surpass the $100,000 mark, new research says. In its latest market update on Friday, trading platform Decentrader revealed an unapologetically bullish mid-term BTC price forecast. Next stop $85,000 for BTC/USD Despite BTC/USD being kept below $50,000 this week, on-chain metrics have led analysts to stay firmly bullish on Bitcoin price action. Decentrader analyst Filbfilb is no exception, forecasting not only a rematch of all-time highs but a breach of $100,000 before the year is out.…

Shiba Inu (SHIB) jumps 40% on Elon Musk’s cryptic endorsement, Coinbase listing

Shiba Inu (SHIB) crept up Friday as traders assessed its addition on Coinbase, one of the world’s leading crypto exchanges. The SHIB/USDT exchange rate jumped up to 16.42% to $0.00000950 for the first time since June 29, 2021. The latest move uphill came as a part of an overall bullish trend that started Thursday, wherein SHIB rallied by more than 26%. As a result, the token ended up pushing its returns up by over 40% in just two days of trading. Gains for SHIB started emerging after Elon Musk, CEO…

ZKIN – Sponsored Bitcoin News

sponsored xSigma, a blockchain R&D lab and subsidiary of ZK International (Nasdaq: ZKIN), is excited to announce the launch of their all-new, official non-fungible token (NFT) marketplace, MaximNFT.com. The platform is launched in partnership with Maxim, a legendary men’s magazine available in 75 countries. The burgeoning marketplace will grant exclusive access to Maxim’s own NFT collections. Maxim’s Brand Meets xSigma’s Top Talent The partnership behind the project combines Maxim’s prestigious brand name with xSigma’s world-class software development capabilities. Maxim is a 25-year old men’s lifestyle magazine, covering the world’s finest…

MonoX raise $5M to launch single-token liquidity pools

Automated market maker MonoX has today announced a debut capital raise of $5 million from venture firms including the likes of Axia8 Ventures, Animoca Brands, Divergence Ventures, among others. MonoX will use the funds to support its ambitions in reducing the capital and liquidity prerequisites for decentralized finance (DeFi) projects offering swap, lending, borrowing and derivative capabilities on decentralized exchanges (DEXes). The protocol will achieve this through the introduction of a single-sided liquidity model. Though not a revolutionary concept for liquidity pools, it will aim to support the DeFi ecosystem’s…

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Bybit crypto exchange suspends services in South Korea

Bybit, one of the world’s top cryptocurrency derivatives exchanges, will halt some of its services to South Korean users ahead of a licensing deadline. The exchange officially announced on Friday that it will discontinue Korean language support from its platforms as well as its official South Korean community on social media. The suspensions will take effect starting on M. “Bybit does not support any Korean won markets, such as won denominated trading pairs, payments or transactions. All other services shall remain functional,” Bybit noted. Bybit will remove the functions ahead of…

Bybit crypto exchange suspends services in South Korea

Bybit, one of the world’s top cryptocurrency derivatives exchanges, will halt some of its services to South Korean users ahead of a licensing deadline. The exchange officially announced on Friday that it will discontinue Korean language support from its platforms as well as its official South Korean community on social media. The suspensions will take effect starting on M. “Bybit does not support any Korean won markets, such as won denominated trading pairs, payments or transactions. All other services shall remain functional,” Bybit noted. Bybit will remove the functions ahead of…