Category Archive: Cryptocurrency, No picture
Cries of Another Mt.Gox as Thodex Shutters Exchange, CEO Disappears
Key Takeaways Turkish crypto exchange Thodex has suddenly halted trading, leaving customers’ funds locked. A statement on Thodex’s website claims that services will be shut for around five working days pending an outside investment. The incident comes amid Turkey’s harsh regulatory plays against crypto. The central bank banned crypto payments last week. This Exchange News […]
MakerDAO Users Begin Minting DAI With Real-World Assets
Key Takeaways MakerDAO’s community has passed a vote to introduce real world loans. Centrifuge users can now deposit real world assets into a pool to receive DAI. The debt ceiling has initially been set at 5 million DAI. This news was brought to you by ANKR, our preferred DeFi Partner. Users can now use cars […]
Injective Raises $10 Million for Robinhood Alternative
This news was brought to you by ANKR, our preferred DeFi Partner. Decentralized derivatives trading platform Injective Protocol has raised $10 million in its latest round of funding. Injective Raises $10 Million Injective Protocol has raised $10 million from some of crypto’s most well-known venture capital firms, bringing its overall valuation above $1 billion. This […]
Bitcoin Breaks Critical Support as Ethereum, XRP Attempt Recovery
Key Takeaways Bitcoin lost the 50-day moving average as support for the first time in seven months. Ethereum is contained in a no-trade zone, with no clear signs for traders. XRP holders book profits, triggering a 44% correction. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. The crypto market recently experienced […]
Coinbase Lists Ampleforth Governance Token FORTH
Key Takeaways Ampleforth has launched a governance token called FORTH. The contract is already live. The tokens are being distributed to previous liquidity miners and wallet holders. It will be used to vote on key changes to Ampleforth, with on-chain voting due to roll out soon. This news was brought to you by ANKR, our […]
US Pharma Firm and Canaan Sign Major Deal for BTC Miners
Key Takeaways Wize Pharma expanded operations beyond medicine to Bitcoin mining and digital asset management in March. The rebranded firm Mawson has signed a deal with Canaan for 11,760 Bitcoin miners. Mawson also holds Bitcoin on its balance sheet. U.S.-based pharmaceutical company Mawson Infrastructure Group Inc. has signed a deal with Beijing-based ASIC manufacturer Bitcoin […]
Bitcoin Bulls Back Free Speech Platform With $3.8 Million Investment
Key Takeaways Capital investors with a strong affinity for Bitcoin and crypto participated in Locals.com seed funding round. The platform will help content creators to monetize their content directly, and control their audience. Due to past instances of bans and restrictions, crypto community is more likely to adopt such a platform. Locals Technology, Inc. raised […]
Binance Sees Massive Liquidations After Flash Crash
Key Takeaways The total crypto market capitalization fell from $2.15 trillion to a three-week low of $1.78 trillion within a few hours on Apr. 17. The sudden downswing caught many overleveraged traders off guard, causing roughly $9 billion in liquidations. Most liquidations occurred on Binance, while FTX and Bitfinex proved to be some of the […]
Slim Jim Celebrates “Doge Day” With Shiba Inu NFT
Key Takeaways The Dogecoin community coordinated its Apr. 20 social media campaign today to boost awareness of the coin. Snack food company Slim Jim took note of the event and created a Dogecoin-themed non-fungible token in response. The collectible token is being auctioned on OpenSea over the next four days. Proceeds will go to charity. […]
Enjin Attracts Binance and Microsoft to NFT Project
Enjin has revealed that more than 50 firms are using its JumpNet blockchain, according to an announcement on the firm’s website. What Is JumpNet? JumpNet is a blockchain designed to host non-fungible tokens or NFTs designed for Ethereum’s ERC-1155 standard. More than 50 firms have launched non-fungible tokens or “cryptocollectibles” on JumpNet within two weeks […]
