Share: Buterin shared his thoughts on how multisig wallets work and disclosed the biggest reason why he is staking only a small fraction of his Ether. According to the Ethereum co-founder Buterin, multisig for staking is fairly difficult and it is … [Continue reading]
Kraken ready to disclose user transaction records to the Internal Revenue Services, exchange tokens take a hit
Share: Kraken is ready to provide the Internal Revenue Service with account and transaction information requested by a federal court. The IRS claimed that Kraken is obligated to provide information for users who conducted transactions … [Continue reading]
DeFi platform Poly Network hacked, hackers issue millions of tokens on Metis, Polygon and BSC
Share: Poly Network is hacked yet again after the platform survived the largest DeFi hack, worth $610 million in 2021. The attacker has issued nearly 1 billion BNB and 10 billion BUSD tokens on Metis, 999.81 trillion Shiba Inu tokens, among … [Continue reading]
Solana beats Ethereum in 24 hour NFT sales for the first time in history, gears up for recovery
Share: NFT sales on Solana exceeded that on the Ethereum blockchain for the first time in the two altcoin’s history. 24 hour NFT sales on the Solana blockchain exceeded $25.5 million while on the Ethereum blockchain it was capped at $24.5 … [Continue reading]
Attorney John Deaton says Judge Torres decision on SEC vs. Ripple is important to crypto for this reason
Share: Crypto experts argue that US-based crypto traders are likely to trade only Bitcoin, Ethereum, Litecoin and Bitcoin Cash in the future. These four assets are being traded on the crypto exchange platform backed by Charles Schwab, Fidelity and … [Continue reading]
Bitcoin whales and sharks double down on BTC accumulation as the asset closes June at $30,469
Share: Bitcoin network’s large wallet investors, whales and sharks have scooped up 154,500 BTC over the past seven weeks. BTC closed June at $30,469, its largest monthly close in the past thirteen months, fueling a bullish thesis for the … [Continue reading]
Top 5 token unlocks worth $147 million in July: DYDX, APT, ApeCoin, Axie Infinity and Optimism
Share: Crypto tokens worth $147 million are set to unlock in July 2023 according to data from TokenUnlocks. DYDX, APT, IMX, APE, AXS and OP rank among the largest unlocks, supply ranging from 0.50% to 1.50%. Token unlocks typically … [Continue reading]
Kraken Exchange to submit customer data to IRS after Biden’s call to eliminate crypto tax loopholes
Share: The court has subpoenaed Kraken to turn over user data to the IRS, citing "legitimate purpose." The revenue service is interested in accounts holding at least $20,000 in annual crypto trading between 2016 and 2020. The move comes as … [Continue reading]
EUR/GBP Price Analysis: Slid on high UK yields, dark cloud cover formation
Share: EUR/GBP slides as UK bond yields surpass German bond yields, strengthening the Pound. From a technical perspective, the pair exhibits a neutral to downward bias, with long-term daily EMAs standing above exchange rates. The EUR/GBP must … [Continue reading]
Gold Price Forecast: XAU/USD to close a third consecutive week of losses
Share: Despite daily gains, the XAU/USD is set to close a third consecutive week of losses, near the $1,920 area. Declining yields amid soft PCE figures weakened the USD favouring Gold prices. On Friday, the gold spot XAU/USD traded with nearly … [Continue reading]