The cryptocurrency industry garnered an “illusion of respectability” after luring investors in with “technobabble and libertarian derp”, the economist wrote in an opinion piece for the New York Times. Source
The venture capital giant’s latest fund – in combination with already existing vehicles at Multicoin – will invest $500,000-$1 million in early-stage projects, and up to $100 million or more for more mature opportunities. Source
A U.S. federal bankruptcy court has approved a request by foreign representatives of liquidators of Three Arrows Capital to administer the crypto hedge fund’s assets in the U.S. and subpoena its founders and other relevant parties, according to an order issued Tuesday. Source
Bitcoin (BTC) fought to reclaim $20,000 on the July 12 Wall Street open as the U.S. dollar cooled its surge to new two-decade highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar bull run takes fresh breather Data from Cointelegraph Markets Pro and TradingView revealed a tug-of-war between buyers and sellers following seven-day lows for BTC/USD. The intraday losses had come at the hands of a rampant U.S. Dollar Index (DXY), which hit its highest levels since October 2002 at risk assets’ expense thanks to inverse correlation. U.S. dollar Index (DXY)…
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On July 11, Playboy, the lifestyle and entertainment firm founded in 1953, revealed a licensing collaboration with the blockchain-based virtual world The Sandbox. The two companies detailed that the newly formed partnership aims to provide metaverse visitors with a Playboy-themed “social gaming experience.” Playboy Enters The Sandbox PLBY Group, Inc. (NASDAQ: PLBY), commonly referred to as Playboy, announced on Monday that the firm is collaborating with the blockchain project The Sandbox. Launched in March 2012, The Sandbox platform evolved from a two-dimensional (2D) game to a three-dimensional (3D) metaverse powered…
Cryptocurrency casinos are an increasingly popular way for many casino fans to play online. Sometimes called Bitcoin casinos after the most popular type of crypto of the same name, more and more crypto sites launch each year. A great Bitcoin casino will offer: Anonymous and secure online gambling, with little or no info required from the operator Loads of different crypto options, from classic and popular coins like Bitcoin or Ethereum to stablecoins like Tether or meme coins like Doge Exclusive Bitcoin or blockchain-based games, that can be provably fair…
Luego del ataque, el fundador de Binance Changpeng Zhao alertó a los usuarios para que tuvieran cuidado con un posible exploit en Uniswap. Esto luego fue corregido, ya que el exploit se limitaba a un mensaje de phishing y no afectaba al protocolo de Uniswap, como luego confirmó el CEO de la plataforma Hayden Adams en tweets posteriores. Source
SOL was slightly higher on Tuesday, as prices rebounded following recent declines. The token bounced on its long-term support point earlier today, as bulls entered the market. MATIC also moved higher, colliding with its own price ceiling. Solana (SOL) SOL was trading marginally higher in today’s session, as prices rebounded following a four-day losing streak. This streak was snapped as bulls entered the market close to a support point of $32.65, pushing prices away from recent lows. Tuesday’s rally saw SOL/USD hit an intraday peak of $35.64, with some now…
At press time, Celsius still owed $59 million to DeFi protocols, according to data on crypto data tracker Zapper: $8.5 million to Aave and $50 million to Compound, with $28 million and $199 million locked up on the platforms, respectively, as collateral, denominated in various tokens. Source