Month: August 2022

Pandas, cyborgs, dogs, koalas dominate BNB Chain Red Alarm flag list

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BNB Chain, a blockchain network created by crypto exchange Binance, has identified over 50 on-chain projects that pose a significant risk to users. A mix of crypto spin-offs resembling Dogecoin (DOGE) and Binance and others dedicated to pandas, cyborgs and koalas made the list as untrustworthy and high-risk projects. BNB Chainโ€™s Red Alarm feature, implemented to protect investors from potential rug pulls and scams, flags projects based on two main criteria: if the contract performs differently from what the project owners advertised and if the contract shows risks that might…

Litecoin Breezes Past $64 Level As LTC Picks Up Speed

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Litecoin (LTC) price shows an extremely bullish trajectory as it aims to breach the $64.02 mark. Litecoin immensely bullish as it targets to breach the $64.02 mark. Support spotted at the $60.87 level. Price facing hurdles at the $64.32 zone. On the other hand, LTC is facing hurdles at $64.32 as the bullsโ€™ strong upheaval waned a bit. LTCโ€™s price was at $60.87 early today and has even managed to reach a high of $64.32 with the bulls trying to nudge the prices higher. LTC price has seen a tremendous…

Tornado Cash community fund multi-signature wallet disbands amid sanctions

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Following the sanctions placed by the United States on USD Coin (USDC) and Ethereum (ETH) addresses associated with the crypto mixer Tornado Cash (TORN), the signatories of the projectsโ€™ multi-signature community fund disbanded.ย  In 2021, the Tornado Cash community created a fund to provide incentives to key contributors to the project. The fund was held in a community-managed multi-signature wallet with five peer-elected members validating transactions who were selected because of their contributions to the project. However, as interacting with Tornado Cash started to come with more risks, with penalties…

Report Shows Crypto Assets Record Steady Growth As Inflation Lowers

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The United Statesโ€™ newest release on its inflation rate for July has created a celebration reason for many, especially the crypto sector. According to the Department of Labor publication, the July customer price index (CPI) report dipped to 8.5%. This was against its last yearโ€™s value of 9.1%. With the reportโ€™s release, many people have expressed their recommendations for the Biden Administration and their shock. Some confessed that they have expected to see a spike in inflation due to some of the prevailing factors at the moment. They mentioned that…

Officially-Licensed NFT Platform OWNIC to Revolutionize Collectible Sports Cards With Dynamic NFTs โ€“ Sponsored Bitcoin News

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sponsored Do you have a talent for picking winners? Do you follow athletesโ€™ careers and know who is gonna be successful? So why not benefit from that?! Upcoming NFT Platform OWNIC empowers sports fans to earn from the real world performance of the stars they pick using dynamic NFTs. It introduces a number of revolutionary concepts to the space of collectible sports cards that will create new ways for fans to earn from fantasy sports leagues and metaverse gaming. OWNIC has also already proven its credibility with exclusive partnerships with…

Zipmex gets 3-month protection in Singapore amid halted withdrawals

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Cryptocurrency exchange Zipmex has gotten a chance to sort out liquidity issues as a court in Singapore has granted the firm with more than three months of creditor protection. Singaporeโ€™s High Court has ruled that each of the five Zipmex entities has a moratorium until Dec. 2, 2022, to come up with a restructuring plan, Bloomberg reported on Monday. The action aims to protect Zipmex from potential creditor lawsuits during the moratorium period after the exchange abruptly halted crypto withdrawals on its platform in mid-July. The cryptocurrency has since resumed…

Zipmex gets 3 month protection in Singapore amid halted withdrawals

Cryptocurrency exchange Zipmex has gotten a chance to sort out liquidity issues as a court in Singapore has granted the firm with more than three months of creditor protection. Singaporeโ€™s High Court has ruled to give each of the five Zipmex entities a moratorium until Dec. 2, 2022 to come up with a restructuring plan, Bloomberg reported on Monday. The action aims to protect Zipmex from potential creditor lawsuits during the moratorium period after the exchange abruptly halted crypto withdrawals on its platform in mid-July. The cryptocurrency has since resumed…

CRYPTO : FAUT-IL ACHETER BITCOIN & ETHEREUM & ALTCOINS !? ๐Ÿšจ

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io โšก Rejoins la Newsletter TOTALEMENT GRATUITE pour obtenir des analyses exclusives de tes altcoins prรฉfรฉrรฉes et bien d’autres surprises ! JUSTE ICI โžก๏ธ โšก ๐Ÿ‘ Si vous avez apprรฉciรฉ cette vidรฉo, n’hรฉsitez pas ร  mettre un pouce bleu pour nous soutenir ! Rejoignez-nous: ๐Ÿ“š Rejoignez notre communautรฉ gratuite sur Discord โญ Rejoignez nous aussi sur Twitter CRYPTO : FAUT-IL ACHETER BITCOIN & ETHEREUM & ALTCOINS !? ๐Ÿšจ Analyse Technique du Bitcoin ( BTC ) et Ethereum ( ETH ) Un Brief Franรงais…

EQONEX Announces Plan to Exit Crypto Exchange Space

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Nasdaq-listed EQONEX today announced that the company is planning to exit the โ€˜crowdedโ€™ crypto exchange space. EQONEX is shutting down the exchange to focus on other key business segments. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. According to an official announcement shared by the company, EQONEX aims to focus on asset management and custody. The Nasdaq-listed firm noted that the closure of the exchange will improve its financial position and free…