Month: August 2022

Ethereum Remains Vulnerable To Print New Low Below $1,500

Ethereum is struggling to clear the $1,650 resistance against the US Dollar. ETH remains at a risk of more downsides below the $1,500 support. Ethereum attempted to clear the $1,650 resistance but failed. The price is now trading below $1,630 and the 100 hourly simple moving average. There is a key rising channel forming with support near $1,605 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if there is a clear move below the $1,545 support zone. Ethereum Price Turns Red…

Telegram CEO Pavel Durov Hints at Web3 Integration – Bitcoin News

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Pavel Durov, CEO of Telegram, has hinted at a series of Web3 enhancements coming to the popular messaging platform. Durov talked about the benefits that tradable usernames and channel links might have in the future, creating a marketplace where users could use them in the same way Ethereum Name Service addresses are utilized. Telegram Might Receive Web3 Enhancements Digital companies are starting to see benefits that Web3, NFTs, and user-led digital marketplaces might bring to their operations. Pavel Durov, CEO of Telegram, one of the most popular messaging…

Nearly half of US adults say their crypto punts are worse than expected: Survey

Amid the ongoing crypto winter, new data from a Pew Research Centre survey has shown that 46% of adult crypto users in the United States are seeing lower than expected returns on their crypto investments. The survey gathered responses from over 6,000 randomly-selected adults across the United States, with panelists participating in self-administered web surveys. Conducted from July 5 to 22 of this year, the majority of respondents who said they had invested in crypto said they saw lower than expected returns than expected while only 15% of people surveyed…

Uniswap Community Behind DEX Establishes Foundation to Support Open-Source Development

“There’s no organization within the Uniswap ecosystem focused on reducing the friction in governance, and that is one area that the foundation will be focused on and is excited to work on,” Devin Walsh, a Uniswap community member who proposed the foundation alongside Kenneth Ng, told CoinDesk. “We want to ensure that there will be a large, thriving ecosystem of organizations that are building on, integrating with, and organizing events in support of the protocol.” Source

64% of US blockchain-versed parents want crypto taught in schools: Survey

Over two-thirds of U.S. parents and college graduates with an understanding or involvement in crypto believe that crypto should be taught in schools in order for students to “learn about the future of our economy,” a new study has found.  In a newly released survey from the online educational platform Study.com, the firm found that 64% of the parents 67% of the college graduates surveyed believed that cryptocurrencies should be part of mandatory education.  Source: 2022 Study.com Survey Both groups had a slightly different view when it came to the…

Crypto Booster Bond Loses Primary Bid for New York Congressional Seat

Though it’s her day job, crypto was never an outward focus of her campaign. Instead, Bond embraced the politics of former President Donald Trump, courting support from his son, Donald Trump Jr., as she touted the mainstays of the “Make America Great Again” movement. Her anti-abortion, tough-on-immigration, pro-police stance didn’t tend to highlight her views on the future of finance. Source

Bitstamp Sees ‘Massive Crypto Interest’ From Institutional Clients – Regulation Bitcoin News

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The CEO of a major cryptocurrency exchange, Bitstamp, says that his trading platform is seeing “massive crypto interest” from institutional clients. “Many institutional companies are looking to make their first move into crypto,” he explained. Bitstamp’s CEO on Crypto Regulation, Institutional Interest Bitstamp’s global CEO, Jean-Baptiste Graftieaux, shared his view on cryptocurrency regulation in an interview with Business2community, published Monday. Discussing crypto winter, he explained that Bitstamp has “a very active licensing journey across all the regions – 10 in progress globally.” The executive added that his crypto exchange will…

I returned most of the stolen Nomad funds and all I got was this silly NFT

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Hackers behind the $190 million Nomad Bridge are now being incentivized with “whitehat” themed non-fungible tokens (NFTs) if they return nearly all of the funds they stole from the protocol at the start of this month. The exclusive NFT, which simply depicts a white wizard’s hat, is being offered by NFT firm Metagame and can be minted by those that return at least 90% of their stolen funds to Nomad. 1/ Our friends at @metagame created an earned NFT as a thank you to whitehats who returned funds from the…