Thanks to crypto winter, the value of stolen NFTs topped out in May at $23.9 million, and then tumbled to just $5 million in June and $3.9 million in July. The volume of thefts, however, continues to rise – from 3,473 in May to 3,712 in June and then to 4,647 in July. Source
The Waves protocol (WAVES) price has remained in a channel against Tether (USDT) as it attempts to break out of this trend. Despite the recent shift in the market trend, Waves protocol (WAVES) has shown little to no significant movement, as many altcoins rallied and produced double-digit gains. (Binance data) The Weekly Chart Analysis For WAVES Protocol (WAVES) Weekly WAVES Price Chart Analysis | Source: WAVESUSDT On Tradingview.com According to the chart, WAVES hit a weekly low of $4.2, then bounced back to $5. Considering its all-time high of more…
Ripio cuenta actualmente con 3,5 millones de usuarios en Brasil, Argentina, Uruguay, Colombia, México y España, dijo Serrano, quien agregó que la compañía planea abrir operaciones en Chile antes del final de 2022 y en Perú, Ecuador, Bolivia y Paraguay el año próximo. . Source
As preference and use for cryptocurrency and blockchain increases, several countries are devising numeral measures to fit into the industry. As a result, diverse regulatory approaches have been leased into the crypto industry for different jurisdictions. While some take a strict position resulting in a complete ban of crypto assets in their region, others are still skeptical and reluctant to step into the crypto space. Hence, there are places where cryptocurrency has a partial ban on its use and application. India has not fared quite well in the crypto space.…
In Decentraland’s third annual Metaverse Art Week held on Aug. 24–28, curators turned to new ways to utilize digital space to bring more interactive and true-to-life experiences of art. The metaverse world modeled its latest virtual festival after the real-life Biennale art event, which utilizes public space to display art. Visitors to the in-real-life (IRL) festival can walk around spacious pavilions and working parts of the city to engage with artists and brands outside of traditional gallery walls. Giovanna Graziosi Casimiro, the events and community producer for Decentraland, commented to…
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Cryptocurrency companies have been moving to improve compliance worldwide amid the bear market of 2022, with many platforms increasingly securing licenses and approvals. As one may find it difficult to track all global regulatory milestones in crypto, Cointelegraph has picked up some of the latest compliance developments over the past couple of weeks. Global crypto firms have recently been active in growing presence and compliance in North America, with exchanges like China-founded Huobi Tech entering Canada. Huobi Technology Holdings announced on Tuesday that its subsidiary Hbit Technologies has successfully obtained…
Bitcoin (BTC) changed the world as a decentralized and non-governmental form of currency that can facilitate peer-to-peer (P2P) transactions that transcend national borders. But, despite this functionality, Bitcoin’s role as a payment mechanism has been called into question due to its low transaction throughput. The Bitcoin blockchain can handle up to seven transactions per second, which means that network demand has seen the average transaction fee on the network reach an all-time high above $62 during specific periods. In order to address low throughput and high transaction fees, developers made…
Bitcoin (BTC) stayed strictly rangebound on Aug. 24 as buyers and sellers attempted to spark a breakout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Spot price squeeze on the cards Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $21,500 at the Wall Street open. The pair had seen little action in the 24 hours prior, entering the fifth day of sideways movement within an increasingly tight range. Data from the order book of major exchange Binance uploaded to social media by on-chain monitoring resource Material Indicators hinted…
Roughly seven weeks after Keyfi founder Jason Stone filed a lawsuit against the crypto lender Celsius, the company has filed a countersuit against Stone claiming that he stole millions from Celsius wallets and allegedly “pocketed seven-figure returns.” Stone’s attorney Kyle Roche says the lawsuit is an attempt to “rewrite history,” and to use Stone as a “scapegoat” for the company’s financial troubles. Celsius Countersues Keyfi Founder Jason Stone The troubled crypto lender Celsius has filed a lawsuit against a former employee Jason Stone, the founder of Keyfi and the non-fungible…