Month: August 2022

Tether supply starts to increase after three-month decline

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The worldโ€™s largest stablecoin, Tether (USDT) has expanded its circulating supply following almost three months of reductions, in what could be a sign the crypto markets are slowly recovering.ย  The first mint in almost three months occurred on July 29, and there have been three more, with the latest on August 2, according to CoinMarketCap. The USDT injections have been small, however, lifting Tetherโ€™s market cap by just 0.7% or just under $500 million. USDT market cap 7D – Coinmarketcap.com According to the Tether transparency report, there is now 66.3…

Blockchain Startup W3BCloud to Go Public via SPAC Deal

Blockchain cloud infrastructure service provider W3BCloud is set to go public via a Special Purpose Acquisition Company (SPAC) dubbed the Social Leverage Acquisition Corp I (SLAC). According to the transaction document, the SLAC vehicle is being sponsored by Social Leverage, a leading early-stage VC. The proposed funds to be raised via the SPAC are pegged at about $100 million. Going public through a special purpose acquisition company is an alternative route designed for startups looking to raise funds and trade on public bourses.ย  They are generally a faster-track option for…

99% DON'T SEE THIS ON BITCOIN TODAY!!! [warning] BITCOIN PRICE PREDICTION 2022 // BITCOIN NEWS TODAY

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Bitcoin News Today – 99% DON’T SEE THIS ON BITCOIN TODAY!!! [warning] BITCOIN PRICE PREDICTION 2022 // BITCOIN NEWS TODAY // Cryptocurrency News Today // Crypto News Today ๐Ÿฅ‡ Bitget: $4’163 FREE BONUS ๐Ÿฅˆ Bybit: $600 FREE BONUS ๐Ÿฅ‰ Phemex: $100 FREE BONUS โ–ถ CRYPTO TECHNICAL ANALYSIS PLATFORM TradingLite: VOLUME ANALYSIS TradingView: TECHNICAL ANALYSIS โ–ถ SOCIAL MEDIA Twitter: Crypto Discord Server: โ–ถ TIMESTAMPS 0:00 Bitcoin Price Prediction โ–ถ DONATIONS Bitcoin (BTC): 15ViBpKAhNCPzY9UXc6KoTEabUqTEXo1Hr Ethereum (ETH): 0x2aA9a238511d267662A951E87C36eAd3a0275006 Bitcoin Cash (BCH): qztzh024tfg7fdk4s04hr2ggdw7v9m9kdqmavmarjj โ–ถ TOPICS Bitcoin…

Crypto lender Vauld granted three-month protection from creditors

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Embattled crypto lending platform Vauld has been granted a short period of reprieve from creditors after being given a three-month moratorium by the Singapore High Court on Monday.ย  Its initial request by Vauld’s parent company Defi Payment Limited for a six-month moratorium was reportedly denied by Justice Aedit Abdullah on August 1, citing concerns that a lengthier moratorium “won’t get adequate supervision and monitoring,” according to a Bloomberg report. Under the moratorium, Defi Payments would be protected from wind-up resolutions, the appointment of a receiver or manager, and any legal…

DOT Clamping On $8 Support Crucial To Maintain Bullish Pace

Can Polkadot (DOT) hold on to dear life as its price nosedived by 4% on the daily charts right after it peaked at $8.84? The $8 support line is seen as a critical zone for the coin, especially with the prevailing seller pressure going on. DOT is seen to go downhill or can plunge to $6 in the coming days. On the brighter side, the tokenโ€™s price is generally bullish as shown in the extended increase which propelled its price to a high of $8.84 seen yesterday. On the other…

Nomad Bridge Suffers ~$200M Exploit

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Bridge exploits continue to prove to be a top concern across DeFi and crypto at large, as bridges time and time again have proven to be a major point of vulnerability. Enter once again another prime example with the latest 9-figure exploit, this time on the multi-chain Nomad Bridge. In the early hours following the exploit, weโ€™re looking at an exploit in the range of $160-190M โ€“ letโ€™s take a look at this and more from what we know thus far. Nomadโ€™s Collapse According to Defi Llama, the bridge closed…

Top 3 Crypto to buy in July 2022 (INSANE Potential)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io โ–บ In today’s video, I go over the Top 3 Cryptos to buy this month in July 2022! While everyone is panicking and selling, you on the other hand, should be researching and buying because what you do today might just be the reason why you become a millionaire… Lucky for you, Iโ€™ve done that research for you today and all you gotta do is watch the video! ๐Ÿ™‚ โ–บ Lux Algo: Tells you exactly when to buy/sell! (Promo code โ€œFA10โ€ for…

‘Bitcoin Valley’ Launches in Honduras โ€” 60 Businesses Accept BTC to Boost Crypto-Tourism โ€“ Featured Bitcoin News

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Bitcoin Valley, the first bitcoin city in Honduras, has launched in Santa Lucia. Businesses in the area will accept bitcoin for payments. โ€œIn Santa Lucia, we are all going to participate in this project โ€ฆ Accepting bitcoin will open us to another market and win more customers,โ€ said a local business owner. Bitcoin Valley: First Bitcoin City in Honduras Bitcoin Valley, the first bitcoin city in Honduras, has launched in the small Honduran tourist town of Santa Lucia, located 20 minutes from the capital city of Tegucigalpa. The initiative was…

SEC charges 11 individuals over $300M crypto โ€˜pyramid schemeโ€™

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The Securities and Exchange Commission (SEC) has charged 11 individuals for their alleged role in the creation of a “fraudulent crypto pyramid scheme” platform Forsage.ย  The charges were laid in a United States District Court in Illinois on August 1, with the SEC alleging that the founders and promoters of the platform used the โ€œfraudulent crypto pyramid and Ponzi schemeโ€ to raise more than $300 million from โ€œmillions of retail investors worldwide.โ€ The SEC complaint states that Forsage was modeled such that investors would be financially rewarded by recruiting new…