Concerns about stablecoins following UST’s collapse have exacerbated declines in digital asset prices, the bank said. Source
Citi Says Crypto Market Volatility Has Affected User Adoption
Day: June 8, 2022
Japanese Government Reportedly Set To Freez Stolen Crypto
The decentralized nature of crypto assets ensures that transactions and activities involving the assets have no third parties interference. This has remained a leveraging feature that decentralized finance uses against its centralized counterpart. Yet, most criminal activities relating to cryptocurrency are scaling through based on its decentralized characteristics. One of such prevalent crimes is money laundering. Such loopholes have prompted some jurisdictions to propose laws for crypto and its related activities. The action is to control some of the excesses within the crypto industry and protect citizens investing in cryptocurrencies.…
Bitcoin investment through companies | Money Smart
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io More and more companies are accepting the digital currency as payment, as well as investing in it. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Unity CEO Predicts Websites Will Mutate to Metaverse Destinations Before 2030 – Metaverse Bitcoin News
John Riccitiello, CEO of Unity, one of the leading real-time 3D engine providers, has predicted that the internet will become part of the metaverse in the next several years. The executive predicted that most websites will become metaverse destinations and that this change will be mostly completed by the year 2030. However, legacy sites will still be around at the time, according to Riccitiello. Unity CEO States Internet Will Be VR-Based in the Future Several companies are now interested in how the metaverse could be a part of…
Osmosis Chain Halted Amid Possible $5M Exploit
Over $5 million in liquidity has been drained from Osmosis, a blockchain within Cosmos that operates a decentralized exchange. Source
Crypto community responds to alleged Telegram ‘exposé’
This week the crypto community’s attention was captured by an anonymous person who claimed that they will expose the misdeeds of prominent crypto influencers and top projects within the crypto space. The alleged whistleblower, going by the username “Adyingnobody” on Twitter, said that they will “tear a rift in the entire community” by releasing Telegram messages that they acquired through an allaged exploit in the messaging app. In a thread, they claimed to have evidence of illegal activities ranging from scams and rug pulls up to murder, theft and sexual…
Crypto-stock trade pairs in the cards as Swyftx inks $1.5B merger with Superhero
Australian crypto exchange Swyftx wants to eventually offer seamless trading between traditional and crypto-asset classes, with its first step being the completion of its $1.5 billion merger deal with online investing platform Superhero. The deal to combine the two was revealed on June 8, with the merged entity set to become the first in Australia to offer both decentralized and traditional finance. We’re teaming up with equities trading platform & fellow Aussie fintech @superheroaus, to give you the opportunity to invest in digital and traditional assets – all in one…
08/03/22| Crypto news today | Shiba inu coin news today | Cryptocurrency | Bitcoin news today | BTC
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 08/03/2022| Cryptocurrency news today | Crypto news today | Bitcoin news today | Hindi | Cryptocurrency for beginners In this video, we have covered news from across the Globe. Watch this video and keep yourself updated. Latest Crypto updates latest Crypto News. Cryptocurrency news today Crypto news today Bitcoin news today in Hindi. ===================== New’s Covered in the Video -El Salvador Installs New BTC Wallet. -Shiba Inu Made It To Top 10 Trending Coins In USA, Canada And Asia. -436.36 Million Shiba…
‘Can it get any easier?’ Bitcoin whales dictate when to buy and sell BTC
Bitcoin (BTC) left both long and short traders behind in May and June, but data suggests trading it may be “easier” than many imagine. According to on-chain analytics resource Whalemap, Bitcoin whales have all but dictated market performance in recent weeks. Whales help pin Bitcoin at $30,000 In fresh analysis published on June 7, Whalemap researchers showed that BTC/USD local tops and bottoms have coincided with areas of heightened whale activity. When Bitcoin’s largest wallet entities choose to buy or sell, price reacts accordingly. For those looking to reduce risk…
Axie Infinity Revenue Continues To Collapse
Axie Infinity, a blockchain-based play-to-earn game, generated a measly $988,400 in total revenue the previous week, which is the first time that the popular P2E game that allows you to earn SLP coins, amassed lower than 1 million since February 2021. From an hourly standpoint, AXS price has spiraled down by 1.69% or roughly $0.35 compared to values from an hour ago. This looks like a reversal from the previous results, showing the price moving up. Today, the AXS price is down by 0.87% or $0.18 from yesterday. This reverses…