Tag: crypto

Two well-known websites, CoinGecko and CoinMarketCap, were blocked in China

The Greater China Firewall has blocked CoinGecko and CoinMarketCap. The move comes two weeks after the People’s Bank of China outlawed almost all cryptocurrency activities. Theoretically, Chinese citizens can still use cryptocurrency services with a VPN. Popular cryptocurrency tracking websites such as CoinGecko and CoinMarketCap are currently inaccessible to users based in China.

Paxful integrates Lightning Network for faster and cheaper Bitcoin transactions

Paxful integrates Lightning Network for faster and cheaper Bitcoin transactions Paxful, the peer-to-peer cryptocurrency market with more than seven million users worldwide, today announced the integration of the Lightning Network protocol into its platform to allow fast and cheap bitcoin deposits and withdrawals. With this integration, Lightning Labs, a leading provider of payment infrastructure, allows…
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OpenSea CEO resigns over exposing his abuses

OpenSea CEO Nati Chastin left the company today after it was revealed that he was trading in the platform’s internal business yesterday. On Tuesday, OpenSea CEO Nate Chastain was publicly accused of buying NFTs that were to be advertised shortly before they appeared on the platform’s front page. A Twitter user named Zuwu revealed Mr.…
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NFT FTX exchange market will be activated soon!

NFT FTX exchange market will be activated soon! With the auction of a trial version of Pixel Art by the CEO of FTX, we can hope that the NFT exclusive market activity of this exchange will start soon. Sam Bankman-Fried, CEO of FTX Password Exchange, has launched a 24-hour auction for its Pixel Art demo,…
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The official date of the Alonzo update on Cardano’s main network has been confirmed

The official date of the Alonzo update on Cardano’s main network has been confirmed In an atmosphere of “fear, uncertainty and doubt”, rumors and speculation against Cardano and his ecosystem have risen in recent weeks. However, the network’s smart contracts may take effect on September 12. Input-Output Global, in a tweet, announced hours before the…
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Coinbase shares fall following SEC warning

Shares of CoinBase fell 11.63 percent after the SEC warned on Tuesday, and this negative trend continued today in pre-market trading. COIN fell another 2.93 percent to $ 258.50 at the time of writing, according to Nasdaq. Shares of CoinBase began to fall amid a general downturn in the digital currency market as the exchange…
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$ 2 billion increase in Stable Coins holdings at cryptocurrency exchanges

The latest data from CryptoQuant, an analytics company in China, shows a $ 2 billion increase in the amount of Stablecoins in cryptocurrency exchanges. CryptoQuant CEO Ki Young Ju described the large volume of StableCoins in circulation as a positive sign for the crypto industry. He said most trading platforms allow users to buy cryptocurrencies…
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Uniswap and Kraken financial assistance to Ethereum development teams

The five Ethereum development teams each received $ 250,000 from the cryptocurrency exchanges Kraken, Uniswap Grants, Synthetic, The Graph, Lido and Compound Grants. The Ethereum Foundation (EF) says the budget will further strengthen and advance network innovation. Cardano launches itsEthereum-compatible side chain Cardano may soon launch his first side chain to partner with Ethereum dcSpark…
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$450 million loss to users’ assets following hacking of Bilaxy exchange

Bilaxy Exchange reported that some users’ wallets were hacked. The cryptocurrency exchange, located in the Republic of Sicily and the African continent, has not yet officially announced the value of the stolen assets, however, it is estimated that up to $ 450 million worth of cryptocurrencies have been destroyed in the attack.

$400 million Ethereum was burned in the EIP-1559 update plan

More than $ 400 million of Ethereum has been burned so far with the implementation of the EIP-1559 network improvement project. By updating the tokens, this update eliminates the transaction fee and leaves nothing to the miners. Almost every 200 Ethereum ($ 643,000) are burned by the EIP-1559 every hour. It happened at 10 a.m.…
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