Month: June 2022

NEXO price drops 40% in three days on rumors of ties to ‘insolvent’ crypto fund

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The price of Nexo (NEXO) continued to fall on June 15, as Nexo denied rumors of exposure to Three Arrows Capital (3AC), a Dubai-based crypto fund facing insolvency risks. NEXO price suffers on DeFi contagion fears  NEXO, which serves as a security token at a cryptocurrency lending platform of the same name, fell nearly 25% to $0.61 a unit, its lowest price reading since January 2021. The massive intraday decline came as a part of a broader downside move this week, which stretched NEXO’s losses to 40%. NEXO/USDT weekly price…

Disruptor 50: Blockchain.com CEO on the state of the crypto market

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Peter Smith, CEO of Blockhain.com, #7 on the 2022 CNBC Disruptor 50 list, discusses the volatility that’s swept through the crypto and equity markets, and how the company has long prepared to weather a downturn. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business…

Nearly 70,000 Issued Binance Refugee Crypto Card for Ukrainians – Exchanges Bitcoin News

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Thousands of Ukrainians have ordered a crypto card issued by the world’s leading digital asset exchange, Binance, for its users from the war-torn country. The card allows people displaced by the ongoing conflict with Russia to make payments and receive financial support. Binance Announces Results From Efforts to Help Ukrainian Refugees Between April 26 and June 10, almost 70,000 people have been issued the Binance Refugee Crypto Card, the largest coin exchange by trading volume unveiled to the crypto news outlet Forklog. The payment product was offered in April to…

🔻 URGENTE: Atualização do Ethereum apresenta problemas e ameaça grande mudança programada

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io “Reorganização” de sete blocos pode ter sido falha ou uma tentativa de ataque hacker; blockchain será fundamental para chegada do Ethereum 2.0. O receio de que a rede possa ter sido comprometida ou exiba falhas – atrasando o futuro processo de fusão do Ethereum – pode ter chegado ao preço da moeda. Nesta quinta, o token ETH registra queda. ————— KriptoBR – Revenda Oficial América Latina ————— ——— Grupo Telegram KriptoBr ———- REDE SOCIAIS ————— ————— #eth #pos #ethereum ▶ Coinbase Website:…

Bill to ban digital assets as payment passed the first reading in the Russian parliament

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A bill that had been introduced a week ago to the State Duma, the lower chamber of Russian Parliament, made a swift passing through first reading. Should it become a law, it would prohibit using “digital financial actives” (DFA) to pay for goods or services.  As reported by local media on Tuesday, the bill, sponsored by the head of the Financial Markets Committee of the State Duma Anatoly Aksakov, passed with a reservation. Albeit the document suggests an obligation for DFA exchange managers to withhold any deals implicating the usage…

Cryptocurrency Designed to Evolve Alongside Humanity – Sponsored Bitcoin News

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sponsored Agoras is the cryptocurrency of Tau. If you haven’t heard about Tau yet, it is the first-ever decentralized blockchain social network, that will be able to take the thoughts, advice, and knowledge of its users and update its own software in real-time to give all users control over what the software does for them and how it evolves at any scale. On Tau, your profile, holding all your opinions and knowledge, is called a Worldview. The consensus of everyone’s Worldviews will define the next version of Tau, bringing you…

Celsius reportedly seeks advice from lawyers on restructuring

Crypto lending platform Celsius Network (CEL) has onboarded restructuring lawyers from Akin Gump Strauss Hauer & Feld to find potential solutions to the firm’s financial woes.  The firm is reportedly looking for other strategic alternatives, such as a financial restructuring, apart from its attempts to solve its current problems. The report also noted that Celsius is trying to find investors who would be able to provide financing options for the crypto lending company. Citing extreme market conditions, Celsius paused withdrawals from its platform on Monday. Amid the withdrawal freeze, the…

A Case Study of CET’s Repurchase & Burning Mechanism

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In the crypto market, though most cryptocurrencies share similar underlying technologies, they are designed based on different economic models known as tokenomics. To be more specific, some cryptos feature a supply that increases over time, while some others have a fixed supply. Yet, a minority of cryptos come with a diminishing total supply that looks deflationary. Such tokens are referred to as deflationary cryptos. We all know that some cryptos with a fixed supply, such as Bitcoin, are generally deflationary by default. Most members of the Bitcoin community reject inflation…

Why the Crypto Market Needs KYC and How to Stay Anonymous without Breaking a Law

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Anonymity became a barrier, standing in the way of cryptocurrency mass adoption by the traditional financial market. At the same time, abandoning confidentiality contradicts the core concept of digital assets. To satisfy interests of both cryptocurrency users and regulators, a trade-off was needed. The solution has already been created. Let’s dive deeper and learn how to remain anonymous in the crypto market without breaking a single law. What is KYC and what does it have to do with cryptocurrencies? The abbreviation KYC stands for Know Your Customer. This definition is…

Cum faci bani din Maiar si Coinbase

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Vă invit în aplicațiile folosite de mine portofel Maiar hero tag- @adrian80 erd1p8rejap5k90ef9dx7jvglvhvxjkemycz7rv9ekcy665el3f8aa8qmnuk4c Coinbase Sign up for Coinbase using my link and we can each get RON 43.7 in Bitcoin Maiar Revolut Kucoin Bee nerwork Here is my invitation link for BEE Network. Use the invitation code: adi80. Download at Pi network Vă trimit 1π! Pi este o nouă monedă digitală dezvoltată de către profesori ai Univerității Stanford, cu peste 25 milioane de membri din toată lumea. Pentru a-ți revendica Pi-ul, urmează acest…