The improvements attempt to solve Maple’s design shortcomings highlighted during a recent debt crisis, but they may reduce incentives for holding the protocol’s native MPL token in its new form, an analyst said. Source CryptoFinanceLendingMajorMapleOverhaulPlatformSolanaStopsUnveils CryptoX Portal
Day: December 14, 2022
Federal Reserve Hikes US Rate 50 Basis Points, Slowing Pace but Keeping Hawkish Outlook
The U.S. central bank raised its benchmark interest rate to a range of 4.25%-4.5% on Wednesday. Officials now expect the current rate-hiking cycle to peak next year at a “terminal rate” above 5%. Source
Where Most Projects Are Failing Their Presales, Tora Inu’s Presale Performed Quite Well in the Bear Market
Place/Date: – December 14th, 2022 at 7:00 pm UTC · 3 min read Source: Tora Inu Photo: Tora Inu Timing and research are key components in identifying the next major cryptocurrency. The presale phase of many currencies, which frequently includes several stages, is currently underway. For instance, all investors have the greatest chance of profiting from entering the Tora Inu phase 1, but time is running short. Moreover, investing in meme coins has always been a wise decision. Even though the majority of meme coins have no useful purpose, they…
NFT Sales This Week Jumped 27% Higher, Cryptopunks Rise Above Bored Apes – Markets and Prices Bitcoin News
On Dec. 14, 2022, statistics show that non-fungible token (NFT) sales jumped 27.72% higher than NFT sales recorded last week. The Bored Ape Yacht Club (BAYC) NFT collection captured the most sales this week but on Wednesday afternoon, the floor value tied to Cryptopunks once again jumped above the floor value associated with the BAYC NFT collection. $154 Million in NFT Sales Recorded Over the Last Week, Cryptopunks’ Floor Values Rise From last Wednesday up until today, $154.78 million in sales were recorded over the last seven days which is…
Crypto users claim Gemini email leak occurred much earlier than first reported
“Not handled well,” was how one user described the revelations brought forth by Cointelegraph on Dec. 14 with regards to a leak of 5.7 million Gemini customers’ email addresses and partial phone numbers. Shortly after publication, multiple users reached out to Cointelegraph, alleging that the leak, which Gemini attributes to a “third-party incident,” happened much earlier than first expected. Mysterious reports of users receiving targeted phishing emails began surfacing on the official r/Gemini Subreddit in the weeks prior. In one thread dating back to November, user DaveJonesBones claimed that he…
After FTX, Let’s Get Back to Hiring the Crypto People for the Job
I got into crypto in 2015 because I believed we could build a better, fairer system that worked for everyone. We started this to get away from centralization and blind trust of people and institutions. The first successful companies were built with people who believed in a few founding principles, all to varying degrees: decentralization, privacy, self-custody, and removal of middlemen. Don’t trust, verify. Can’t be evil. The list goes on. Source
Sens. Warren and Marshall introduce new money-laundering legislation for crypto
As the cryptosphere focused on the drama unfolding around FTX, United States Senators Elizabeth Warren and Roger Marshall introduced the Digital Asset Anti-Money Laundering Act of 2022 on Dec. 14. The seven-page bill would expand the classification of a money service business (MSB), prohibit financial institutions from using technology such as digital asset mixers, and regulate digital asset kiosks, otherwise known as automated teller machines, or ATMs. Announcing the introduction of the bill at the Senate Banking Committee hearing “Crypto Crash: Why the FTX Bubble Burst and the Harm to…
Cryptocurrency Mining Tax Guide – Expert Explains
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How do crypto taxes work? What do Bitcoin miners and altcoin cryptocurrency miners NEED TO KNOW for taxes? Let’s consult a … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
News Roundup: The Block & FTX, Argo Blockchain & Riot’s Pool Swap | The Mining Pod
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Argo may be filing for bankruptcy in the coming weeks. The Block CEO steps down amid news of undisclosed involvement with … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Reaching the Bitcoin price bottom is a process, says The Wolf of All Streets, Scott Melker
Crypto investor, trader and content creator Scott Melker, also known as The Wolf Of All Streets, joined the new Crypto Trading Secrets podcast for an interview with host Benjamin Pirus. During the conversation — which was recorded on Nov. 29 — Melker gave his opinion on numerous topics, including what he looks for on Bitcoin’s (BTC) price chart to tell him it is time to start contemplating a bull market transition. “It’s usually a multimonth process,” Melker said of asset bottoms. “It can take even longer than that.” Crypto Trading…