Month: August 2022

UK parliamentary group calls for submissions in new crypto asset inquiry

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The United Kingdom Crypto and Digital Assets All Party Parliamentary Group (APPG) announced Thursday its upcoming inquiry on the country’s crypto and digital asset sector. The announcement included details of the group’s plans and how interested parties can participate.  According to the statement, the inquiry will highlight various areas of engagement with crypto and digital asset space. This includes the U.K.’s current approach to regulations, plans to bolster the country’s crypto investment, central bank digital currencies (CBDCs), potential risks and the role of local regulators such as the Financial Conduct Authority…

Coinbase Stock Soars on BlackRock Partnership News

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Solana Struggles To Break Key Resistance After $5M Hack

Solana (SOL) struggles to break key resistance after it suffers a huge loss on a hot wallet hack, losing over $5M creating so much panic in the heart of many faithful.  The price of SOL looked strong in the early part of the week, trading above $40, trying to break the resistance before having an attack on some wallets drained more than $8 million from Solana users. It now struggles to break above the 50 exponential moving average (EMA) on the one-hour (1H) chart. SOL Daily Chart Analysis Solana Daily…

Cointelegraph expands to Middle East and North Africa with a new franchise

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Cointelegraph, the premier blockchain- and crypto-focused media outlet, is expanding its presence into the Middle East and North Africa (MENA) region with the help of a new franchise owner, Luna Media Corporation. Based in Dubai, Luna Media Corporation is a media holding group that aims to promote the Web3 industry through a variety of unrelated ventures and investments. The new franchise will be crucial to increasing the exposure of blockchain projects and activities in the MENA region to a global audience, according to the Tuesday announcement. Founded in 2013, Cointelegraph…

Solana’s Investigation Indicates Wallet Exploit Tied to Slope Mobile App – Altcoins Bitcoin News

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Following the Solana wallet attack, the Solana Status team updated the public and detailed that the wallet addresses affected by the breach were tied to Slope mobile wallet applications. The team further stressed that “there is no evidence the Solana protocol or its cryptography was compromised.” Solana Status Report Says Affected Addresses Were at One Point Created in Slope Mobile Wallet Applications During the last 48 hours, the Solana team has been dealing with an attack that saw thousands of Solana-based wallets compromised. At the time, Solana Labs co-founder and…

Crypto News Today: Cryptocurrency Market Prediction Latest Updates in Hindi| Bitcoin, Shiba Inu Coin

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency Market In India Latest Update: Crypto Market पर बड़े दिनों बाद अच्छी खबर आई है. कई महीनों से Crypto Market Crash हो रही है और Bitcoin Price भी लगातार गिर रहे थे. Best Crypto Coins, Tokens (Bitcoin, Ethereum, Solana, Avalanche) की वैल्यू भी गिर गई थी. इस वक्त इस वक्त Crypto Market में Relief Rally देखने को मिली है. वैसे पिछले महीने पहले Luna Crash सामने आया, फिर Celsius Network इशू हुआ और फिर Crypto Exchange Vauld ने Withdrawals, Deposits और…

Binance Coin Finds Support At $240 – Can BNB Barrel Past $300?

Binance Coin (BNB) seems to thrust upwards targeting the $350 mark with the support level spotted at $275 and resistance at $295. According to CoinMarketCap, the Binance Coin’s price has spiked by 3.06% or $300.17 as of this writing. Meanwhile, BNB has tapped on the support zone at $240 instigating a bullish movement that would push it closer to the $300 mark. On the other hand, the coin is still met with rather strong selling pressure. Generally, the crypto market has been making positive price jumps signaling a bullish rally…

CME to Roll Out Euro-Denominated Bitcoin and Ether Futures on August 29

The launch of euro-denominated bitcoin and ether futures contracts could accelerate the ongoing institutionalization of the crypto market since the euro, the common currency of 19 out of the 27 member states of the European Union, is the second-most sought-after currency in global currency reserves, according to the World Economic Forum. Further, daily turnover in the euro-dollar pair is the highest in the global currency market, which has an average daily volume of $6.6 trillion. Source