Ethereum’s Final Testnet Merge Set for Early August
is one step away from the merge. And that final step is just days away. The Goerli/Prater testnet deployment, the final test to be completed prior to Ethereum’s much-anticipated transition to proof of stake, will occur next week, according to an announcement by the Ethereum Foundation.
is one step away from the merge. And that final step is just days away. The Goerli/Prater testnet deployment, the final test to be completed prior to Ethereum’s much-anticipated transition to proof of stake, will occur next week, according to an announcement by the Ethereum Foundation.
Ethereum 2.0 Locked ETH Is Holding $15 Billion In Losses
shows the Ethereum supply locked in the ETH 2.0 staking contract was holding unrealized losses amounting to almost $15 billion just a few days back. As per a special report released by Glassnode and CoinMarketCap, the Ethereum locked into the 2.0 contract is holding heavy losses right now.
shows the Ethereum supply locked in the ETH 2.0 staking contract was holding unrealized losses amounting to almost $15 billion just a few days back. As per a special report released by Glassnode and CoinMarketCap, the Ethereum locked into the 2.0 contract is holding heavy losses right now.
Ethereum NFT Sales and Volumes Hold Steady as Crypto Prices Plunge
Data from OpenSea shows that the month-to-date prices for Ethereum non-fungible tokens (NFTs) have remained relatively the same. The sales and the number of unique users have remained the same since June. However, the prices of these NFTs in USD value have dropped, given the dropping Ether prices.
Data from Dune Analytics shows that around 1.61 million Ethererum NFT was sold in July on the Opensea marketplace, while 1.54 million Ether NFTs were sold in June. The number of unique users has increased to more than 400,000 in July compared to 393,000 in June. Despite increasing users trading on OpenSea, the value of these assets in USD has decreased. Dune Analytics also depicts that over $495 million worth of Ether NFT volumes were recorded in July compared to $695 million in June.
Data from OpenSea shows that the month-to-date prices for Ethereum non-fungible tokens (NFTs) have remained relatively the same. The sales and the number of unique users have remained the same since June. However, the prices of these NFTs in USD value have dropped, given the dropping Ether prices.
Data from Dune Analytics shows that around 1.61 million Ethererum NFT was sold in July on the Opensea marketplace, while 1.54 million Ether NFTs were sold in June. The number of unique users has increased to more than 400,000 in July compared to 393,000 in June. Despite increasing users trading on OpenSea, the value of these assets in USD has decreased. Dune Analytics also depicts that over $495 million worth of Ether NFT volumes were recorded in July compared to $695 million in June.
Michael Saylor to step down as MicroStrategy CEO, shift to executive chairman role
Michael Saylor is set to step down as CEO of MicroStrategy and assume a new role as executive chairman, the company's earnings report revealed Tuesday.
The firm, which holds more than 129,699 BTC, said that revenues came in at $122.1 million for Q2, compared with $125.4 million in the second quarter of 2021.
Michael Saylor’s firm recently purchased an additional 480 bitcoin worth around $10 million at an average price of $20,817.
Michael Saylor is set to step down as CEO of MicroStrategy and assume a new role as executive chairman, the company's earnings report revealed Tuesday.
The firm, which holds more than 129,699 BTC, said that revenues came in at $122.1 million for Q2, compared with $125.4 million in the second quarter of 2021.
Michael Saylor’s firm recently purchased an additional 480 bitcoin worth around $10 million at an average price of $20,817.
BREAKING NEWS: BlackRock to provide #Bitcoin and crypto trading to Institutions in partnership with Coinbase.
🔸Coinbase and BlackRock to create new access points for institutional crypto adoption by connecting Coinbase Prime and Aladdin
🔸Coinbase and BlackRock to create new access points for institutional crypto adoption by connecting Coinbase Prime and Aladdin
Binance Card users now have access to XRP, SHIB and AVAX
The Binance Card allows its holders to “convert and spend cryptocurrencies in over 60 million online and physical stores.” However, the card is only available to European citizens and, according to the website, Ukrainian refugees. Prior to the escalation of the conflict in Ukraine, Binance had intentions of expanding its card reach into Ukraine by sometime this year.
New additions to the supported crypto do not change the current payment preferences for those already using the Binance Card. This development comes one day after Binance announced its partnership with Mastercard to bring prepaid cards to Argentina. The two financial service providers will team up in an effort to broaden payment possibilities to Binance users in the country. Argentinian clients will be able to use BTC and BNB, among other cryptocurrencies, for purchases and withdrawals wherever Mastercard is accepted.
The Binance Card allows its holders to “convert and spend cryptocurrencies in over 60 million online and physical stores.” However, the card is only available to European citizens and, according to the website, Ukrainian refugees. Prior to the escalation of the conflict in Ukraine, Binance had intentions of expanding its card reach into Ukraine by sometime this year.
New additions to the supported crypto do not change the current payment preferences for those already using the Binance Card. This development comes one day after Binance announced its partnership with Mastercard to bring prepaid cards to Argentina. The two financial service providers will team up in an effort to broaden payment possibilities to Binance users in the country. Argentinian clients will be able to use BTC and BNB, among other cryptocurrencies, for purchases and withdrawals wherever Mastercard is accepted.
Flow Price Jumps 100% After Meta Announced To Partner With FLOW For Its NFT Support
The cryptocurrencies started the year 2022 on a bearish pull, especially in the month of May with the Terra (LUNA) collapse. However, the crypto space started to recover from the month of July. Among all the currencies that are seeing the bull run, FLOW price is gaining immense traction with its price rally.
In just a few days the currency that was nowhere heard, has shot up the radar and has gained attention from crypto investors. Yet, there is nothing much talked about the reasons behind such a spike where the FLOW gained 100%. August 4th was the day when Meta, which was earlier known as Facebook, made an announcement that the firm will proceed with its NFT plans. As per the plan, Meta is planning to introduce an NFT feature on Instagram, Meta’s sister company and this will be made available across 100 countries.
The cryptocurrencies started the year 2022 on a bearish pull, especially in the month of May with the Terra (LUNA) collapse. However, the crypto space started to recover from the month of July. Among all the currencies that are seeing the bull run, FLOW price is gaining immense traction with its price rally.
In just a few days the currency that was nowhere heard, has shot up the radar and has gained attention from crypto investors. Yet, there is nothing much talked about the reasons behind such a spike where the FLOW gained 100%. August 4th was the day when Meta, which was earlier known as Facebook, made an announcement that the firm will proceed with its NFT plans. As per the plan, Meta is planning to introduce an NFT feature on Instagram, Meta’s sister company and this will be made available across 100 countries.
Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments
A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency. The move comes after a study indicated that such an initiative is feasible and recommended certain provisions that would authorize the regulator to proceed with its realization.
A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency. The move comes after a study indicated that such an initiative is feasible and recommended certain provisions that would authorize the regulator to proceed with its realization.
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North Korean Hackers Target Crypto Job Seekers
Suspected North Korea state hackers are targeting cryptocurrency workers with a new phishing campaign. Malwarebytes threat intelligence researcher, Hossein Jazi, posted details of the campaign to Twitter. It appears to leverage a PDF containing details of the non-existent role of “engineering manager, product security” at crypto giant Coinbase.
Suspected North Korea state hackers are targeting cryptocurrency workers with a new phishing campaign. Malwarebytes threat intelligence researcher, Hossein Jazi, posted details of the campaign to Twitter. It appears to leverage a PDF containing details of the non-existent role of “engineering manager, product security” at crypto giant Coinbase.
💥 Elon Musk has dumped 7.92 million shares of Tesla worth around $6.9 billion, according to a series of new SEC filings.
👉🏻 Elon still has 160,000,000 $tsla shares ❗️
👉🏻 Elon still has 160,000,000 $tsla shares ❗️
FTX partners with Reddit to roll out tokenized Community Points
Reddit is a global leader in harnessing blockchain technology to innovate and empower its online communities to become more independent platforms by taking ownership and control. Using Points, communities can incentivize more engagement and better content, reward creators, and launch their own customized Points token.
Reddit is a global leader in harnessing blockchain technology to innovate and empower its online communities to become more independent platforms by taking ownership and control. Using Points, communities can incentivize more engagement and better content, reward creators, and launch their own customized Points token.
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Samsung Agrees to Use NFTs for Offline Shopping
Samsung Electronics Co Ltd, a South Korean multinational electronics company, uses non-fungible tokens (NFTs) as a pre-order incentive for their goods. People in South Korea who pre-ordered a Galaxy S22 or Galaxy Tab S8 tablet received a New Galaxy NFT instead. Customers who pre-order the Z Flip 4 or Galaxy Z Fold 4 will receive the Non-Fungible Tokens. To promote the use of Samsung New Galaxy NFTs.
Samsung hopes to provide various services to customers through these NFTs, including perks such as discounts at partner stores. Samsung collaborated with web3 firm Theta Labs to create the New Galaxy NFTs unveiled in February 2022. Those who pre-ordered the Galaxy S22 series and the Galaxy Tab S8 were the first to receive these. Moving on, on August 10, Samsung will unveil its newest product, and customers who pre-order it will also receive a New Galaxy NFT.
Samsung Electronics Co Ltd, a South Korean multinational electronics company, uses non-fungible tokens (NFTs) as a pre-order incentive for their goods. People in South Korea who pre-ordered a Galaxy S22 or Galaxy Tab S8 tablet received a New Galaxy NFT instead. Customers who pre-order the Z Flip 4 or Galaxy Z Fold 4 will receive the Non-Fungible Tokens. To promote the use of Samsung New Galaxy NFTs.
Samsung hopes to provide various services to customers through these NFTs, including perks such as discounts at partner stores. Samsung collaborated with web3 firm Theta Labs to create the New Galaxy NFTs unveiled in February 2022. Those who pre-ordered the Galaxy S22 series and the Galaxy Tab S8 were the first to receive these. Moving on, on August 10, Samsung will unveil its newest product, and customers who pre-order it will also receive a New Galaxy NFT.
Polcadot’s Acala Dips By 70% After Hackers Issued 1.2 Billion AUSD
Acala has been attacked by hackers. The hackers issued more than 1.2 billion AUSD. This is also the reason why stablecoins lose peg seriously.
Over 1.2 billion AUSD Issued causing loss of peg
The cause of this sudden loss of pegs has been identified by the Acala platform as experiencing an attack. The hackers issued more than 1.2 billion this stablecoin. AUSD broke off and once fell by 70%. Acala said a configuration issue of the Honzon protocol which affects AUSD and passed an urgent vote to pause operations.
Acala has been attacked by hackers. The hackers issued more than 1.2 billion AUSD. This is also the reason why stablecoins lose peg seriously.
Over 1.2 billion AUSD Issued causing loss of peg
The cause of this sudden loss of pegs has been identified by the Acala platform as experiencing an attack. The hackers issued more than 1.2 billion this stablecoin. AUSD broke off and once fell by 70%. Acala said a configuration issue of the Honzon protocol which affects AUSD and passed an urgent vote to pause operations.
Tornado Cash Governance Token TORN Shudders More Than 57% Since the US Government Ban
Amid the crackdown against Tornado Cash, associated addresses, contributing developers, and anyone who uses the mixing platform, the project’s governance token called TORN has shuddered in value. TORN is an ERC20 with a fixed supply that is leveraged for governance proposals and voting.
Amid the crackdown against Tornado Cash, associated addresses, contributing developers, and anyone who uses the mixing platform, the project’s governance token called TORN has shuddered in value. TORN is an ERC20 with a fixed supply that is leveraged for governance proposals and voting.
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⚡PayPal has fully integrated crypto into its app.
Now you can easily use your crypto with PayPal. Bring it into PayPal and send some to friends and family-all in one place.
Now you can easily use your crypto with PayPal. Bring it into PayPal and send some to friends and family-all in one place.
Coinbase Faces New Class Suit Over Unauthorized Asset Transfers
A new class action suit has been filed against Coinbase in the Georgia federal court, alleging the company engages in unauthorized asset transfers, freezes funds, and locks consumers out of their accounts for extended periods of time, causing consumers to incur significant losses due to the volatility of cryptocurrency.
The proposed class action complaint by the investors holding Coinbase Wallet and account holders claim their accounts have been breached and incurred losses arising from the unauthorized transfer of assets. This includes the unauthorized transfer of non-registered “crypto securities” listed on the platform.
A new class action suit has been filed against Coinbase in the Georgia federal court, alleging the company engages in unauthorized asset transfers, freezes funds, and locks consumers out of their accounts for extended periods of time, causing consumers to incur significant losses due to the volatility of cryptocurrency.
The proposed class action complaint by the investors holding Coinbase Wallet and account holders claim their accounts have been breached and incurred losses arising from the unauthorized transfer of assets. This includes the unauthorized transfer of non-registered “crypto securities” listed on the platform.