Quick Look
Bitcoin mining difficulty hits 5-month low as miners close up shop
Key Takeaways The cost of mining one bitcoin is down to $13,000, from $24,000 at the start of June Conversely, electricity costs around...
These Are the Crypto Economy’s 5 Most Expensive Assets per Unit in August 2022
On July 18, 2021, Bitcoin.com News researched the top five most expensive crypto assets and at that time there were two digital currencies...
VisionsDao Exits Stealth Mode and Presents a Modular Stack for GameFi That Enables Sustainable Economies
Toronto, Canada, 8th August, 2022, Chainwire An up-and-coming GameFi infrastructure startup, VisionsDAO has been building for more than a...
Nas Academy partners with Invisible College to launch a crypto academy for web3
Nas Academy is going deeper into the web3 ecosystem thanks to its partnership with Invisible College. Creator tech platform Nas Academy...
Biggest Movers: UNI Drops to 1-Week Low, While FIL Extends Recent Declines
Uniswap moved to a one-week low on Tuesday, as crypto markets were mostly in the red during today’s session. The latest red wave in...
Bitcoin dominance hits 6-month lows as metric proclaims new ‘alt season’
Bitcoin (BTC) is facing fresh competition from altcoins this month as data shows that — technically — it is already “alt...
Korea Blockchain Week, Aug. 9: Second-day takeaways from the Cointelegraph team
Korea Blockchain Week (KBW) 2022 wrapped up its two-day mainstage events this evening, which again saw a number of influential speakers...
What the fork? Ethereum’s potential forked ETHW token is trading under $100
An Ethereum fork token that does not yet exist, dubbed ETHW, is trading under $100 across several crypto exchanges after debuting at $30....
How to bake your own DAO at home — With just 5 ingredients!
Decentralized autonomous organizations come in all sizes and flavors. Some can seem sweet; others turn sour. It can be fun and interesting...
OFAC’s Tornado Cash Ban Causes Github Suspensions and the Blacklisting of Crypto Addresses Holding $437M
On August 8, the ethereum mixing service Tornado Cash, and all the crypto addresses associated with the platform, were officially banned...
USDC’s blacklist of Tornado dApp shows the danger of centralisation
Circle is blocking USDC transactions connected to the Tornado Cash decentralised application, a move that is seen by many as a clear...
Bitcoin, Ethereum Technical Analysis: BTC Drops Under $24,000 After Falling Below Key Price Ceiling
Bitcoin fell below $24,000 in today’s session, as prices collided with a key resistance level. Following a strong start to the...
Marathon Digital Posts Negative Q2 Results, but Increases Bitcoin Production 8% YoY
Marathon Digital, one of the biggest mining companies in the Bitcoin ecosystem, has posted its financial results corresponding to the...
Gunzilla Games raises $46m in Republic Capital-led round
AAA game studio Gunzilla Games raised $46 million in their latest investment round, which was led by Republic Capital, Coin Journal...
KQuasars Launches New Astrophysical NFT Collection
PRESS RELEASE. St. Barth, August 9, 2022 – KQuasars launches new astrophysical NFT collection. After studying with renowned physicists,...
Bitcoin realized price bands form key resistance as bulls lose $24K
Bitcoin (BTC) consolidated lower on Aug. 9 after familiar resistance preserved a multi-month trading range. BTC/USD 1-hour candle chart...
Litecoin price forecast as the fear and greed index recovers
Litecoin price has crawled back in the past few days as the crypto industry and stock market rebounded. LTC was trading at $61.74 on...
Mark Cuban Mocks the Metaverse: ‘It Is Anything You Want It to Be’
Mark Cuban, investor, Shark Tank star, and owner of the Dallas Mavericks is skeptical when it comes to the concept of the metaverse. In a...
Why is Celsius’s CEL token up by 28% in the last 24 hours?
Celsius is the best-performing cryptocurrency amongst the top 100 coins by market cap over the last 24 hours. The cryptocurrency market...
Report: Nigerian Anti-Graft Body Identifies Individuals Fueling the Naira’s Rapid Depreciation
Nigeria’s Economic and Financial Crimes Commission (EFCC) recently claimed it had identified individuals and organizations whose...
Bitcoin continues to struggle to push past the $24k resistance level
The cryptocurrency market has continued its positive start to the week despite some coins and tokens currently underperforming. The...
Crypto regulation is needed to restore market confidence, says John Ge
The co-founder of Bitmain believes that regulation is needed to restore confidence in the cryptocurrency market. John Ge, chief executive...
Crypto Casinos Are ‘Impossible to Rig Because the Game Is Hosted on a Blockchain’ — Online Casino Reviewer
According to an igaming expert, Keane Ecclestone, crypto casinos are increasingly popular with bettors that value their privacy and...
Colombians Make Up 20% of the Customers of New Gen Crypto-Powered Accounts According to BBVA
BBVA, a private bank based in Spain, released an article that states Latam users are very interested in their crypto-powered solutions....
Elon Musk Challenges Twitter’s CEO to Public Debate on Fake Accounts and Spam Bots
Tesla and Spacex CEO Elon Musk has challenged Twitter’s CEO to a public debate over the platform’s fake accounts and spam...
Federal Reserve Governor Supports More 75bps Rate Hikes Citing ‘Significant Risk of High Inflation Into Next Year’
Federal Reserve Governor Michelle Bowman says she supports ongoing 75 basis point interest rate hikes “until inflation is on a...
LBank Exchange Will List Drive Crypto (DRIVECRYPTO) on August 9, 2022
PRESS RELEASE. INTERNET CITY, DUBAI, Aug. 8, 2022 – LBank Exchange, a global digital asset trading platform, will list Drive Crypto...
Brazilian Voting Authority Might Include Blockchain Tech in Future Elections
The Brazilian voting authority (TSE), has publicly declared it is studying blockchain as a technology that might help the organization in...
White hat hackers have returned $32.6M worth of tokens to Nomad bridge
Mere hours after the Nomad token bridge published an Ethereum wallet address last week for the return of funds following a $190 million...
Fed reverse repo reaches $2.3T, but what does it mean for crypto investors?
The U.S. Federal Reserve (FED) recently initiated an attempt to reduce its $8.9 trillion balance sheet by halting billions of dollars...
Ethereum Co-Founder Vitalik Buterin Downplays Ethereum PoW Fork, Hopes It ‘Doesn’t Lead to People Losing Money’
Ethereum co-founder Vitalik Buterin recently discussed what he thinks about the recent Ethereum proof-of-work (PoW) fork topic...
Price analysis 8/8: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
The United States equities markets and the cryptocurrency markets have started the week on a strong note, indicating that traders are not...
US Government Bans Ethereum Mixer Tornado Cash, Platform Added to OFAC’s SDN List
On Monday, the U.S. Treasury Department’s watchdog the Office of Foreign Asset Control (OFAC) banned the ethereum mixing...
Native Payment Infrastructure, Airswift, Raises $2M in Pre-Seed Funding Led by CE Innovation Capital
PRESS RELEASE. Vancouver, August 8, 2022 – Airswift, a fintech startup pioneering Web 3.0 native payment solutions, announced that it...
Crypto Lender Hodlnaut Pauses Withdrawals — Company Cites Market Conditions, Despite Recent Crypto Rally
On August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and...
A slice of the punk: CryptoPunk NFT to be split into 56,000 pieces
Nonfungible tokens (NFTs) continue to capture the imagination of the cryptocurrency space, with some of the most popular projects...
Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest
The metaverse sector is witnessing its very-own housing crisis moment, thanks to massive declines in the prices of its virtual lands in...
Bitcoin price targets 8-week highs as Ethereum reaches $1.8K
Bitcoin (BTC) looked to target new August highs at the Aug. 8 Wall Street open as upcoming United States inflation data fueled sentiment....
Biggest Movers: FLOW Moves to Highest Point Since May, DOT Fast Approaching $10 Level
Flow was in the green to start the week, as the token climbed to its highest point since May. The surge has seen prices rise by as much as...
Lawrence Dallaglio Appointed Strategic Global Advisor for Caduceus to bring Sport into the Metaverse
London, United Kingdom, 8th August, 2022, Chainwire Caduceus Metaverse Protocol (CMP) today welcomes on board English World Cup Winning...
World Gold Council Exec Believes Blockchain Technology Will Bolster Trust in the Gold Industry
The World Gold Council’s (WGC) head of global sales and regional CEO, Joe Cavatoni, explained on Friday that he believes the gold...
Stellar (XLM) and Avalanche (AVAX) take off after listing on Robinhood
Stellar (XLM) and Avalanche (AVAX) coins are rallying after Robinhood announced today that it has added them to the list of tradable...
Serenity Shield launches its cryptographic data storage and succession solution
Serenity Shield has launched the first cryptographic sensitive data storage and succession solution on the blockchain. Serenity Shield has...
Bitcoin, Ethereum Technical Analysis: ETH Hits 2-Month High Above $1,800
Ethereum surged to a two-month high on Monday, as crypto prices have mostly moved higher following Friday’s nonfarm payrolls...
Avalanche price prediction as AVAX crosses key resistance
Avalanche price rebound continued on Monday as demand for its NFT solutions rose. The AVAX token rose to a high of $30.16, which was the...
Metaverse NFT Domains Are Trending: Minting Goes Live on Quik․com
Everyone is now familiar with the term “NFTs,” which provide users with decentralized asset ownership and legitimate property...
Nigeria becomes the most crypto-obsessed nation after April crash: Report
The crypto market crash in April saw most cryptocurrencies lose more than 60% of their valuation from the top, leading to an overall...
Kadena price prediction: Is this the return of the raging bull?
Kadena price rebound accelerated on Monday as demand for the token continued rising. The KDA token jumped to a high of $2.42, which was...
Lebanon Ponzi Finance: World Bank Says Politicians Are to Blame for the ‘Deliberate Depression’
Deliberately insufficient policy responses by successive Lebanese governments combined with the self-serving agreements by politicians are...
Six reasons why blockchain makes sense for commercial real estate: Deloitte
Solutions built around blockchain technology offer several upfront benefits, including a censorship-resistant, irreversible distributed...
Has US inflation peaked? 5 things to know in Bitcoin this week
Bitcoin (BTC) goes into another key macro week in the United States with a welcome break to the upside. After avoiding a now-familiar...
Brazilian Congress Fails to Vote on Cryptocurrency Bill, Next Discussion Scheduled for September
The Brazilian Congress failed to address a proposed cryptocurrency bill this week. While the proposed public policy was indeed on the...
Coinmama review: a one-stop platform for crypto on-ramp and off-ramp
Coinmama was founded in 2013 and later acquired by Wellfield Technologies Inc. Company, a company that provides regulated financial and...
Korea Blockchain Week, Aug. 8: First-day takeaways from the Cointelegraph team
The fifth annual Korea Blockchain Week kicked off on Sunday, with more than 7,000 people attending Asia’s largest blockchain event of...
Crypto.com expands in South Korea following key acquisitions
Crypto.com has obtained two licences in South Korea after acquiring two startups in the country. Cryptocurrency exchange Crypto.com...
Why is ROSE up by more than 20% in the last 24 hours?
The cryptocurrency market is having a positive start to the week, with most coins and tokens now in the green zone. The cryptocurrency...
Dozen Crypto Companies Await Portugal License Despite Bank Account Closures
The central bank of Portugal is now reviewing 12 requests from businesses that want to provide crypto-related services in the country. The...
Crypto winter will provide excellent M&A opportunities, says White Rock CEO
The cryptocurrency market is experiencing a bearish run, and it has given so many companies the opportunity to expand their portfolio....
The Number of Cryptocurrency ATMs Installed Worldwide Surpasses 39,000
This week the number of cryptocurrency automated teller machines (ATMs) operating worldwide has surpassed the 39,000 mark. Since January...
3 Bills Introduced in US to Make CFTC Primary Regulator of Crypto Spot Markets
Three different bills have been introduced in the U.S. this year to empower the Commodity Futures Trading Commission (CFTC) to be the...
Tesla CEO Elon Musk Says Inflation Has Peaked — But We’ll Have a Recession for 18 Months
Tesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 months. “We do get a...
Renowned Investor Jim Rogers Warns Governments Want to Control Crypto — ‘They Want to Regulate Everything’
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned about cryptocurrency,...
How Bitcoin whales make a splash in markets and move prices
Deriving their names from the size of the massive mammals swimming around the earth’s oceans, cryptocurrency whales refer to individuals...
Nayib Bukele Attributes Tourism Recovery in El Salvador to Bitcoin, Surf, and Crime Reduction
Nayib Bukele, the president of El Salvador, declared that the speedy recovery of tourism in the country had to do with three elements,...
Top 5 cryptocurrencies to watch this week: BTC, FLOW, THETA, QNT, MKR
The United States jobs data on Aug. 5 was above market expectations, indicating that inflation has not cooled down. The strong numbers...
Tiffany & Co. NFT Sale Sells out, Luxury Jewelry Retailer Rakes in $12.5M in Ethereum
On August 5, 2022, the American luxury jewelry retailer Tiffany & Co. announced that the company’s non-fungible token (NFT)...
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...
The UK cannot afford to send mixed messages on crypto
The United Kingdom is paving the road for cryptocurrency services, courting startups and established players alike while leading the way...
For 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020
In 43 days, the Ethereum network could finally see a full transition from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge....
Binance CEO Meets Central African Republic Leader — President Touadéra Says Meeting Was a ‘Truly Remarkable Moment’
After meeting the leaders of Ivory Coast and Senegal in July, the CEO of the cryptocurrency Binance, Changpeng Zhao, revealed in a tweet...
What is Chainlink VRF and how does it work?
Blockchain technology has spawned many applications over the past few years, the most popular being cryptocurrencies. It has also...
China and Taiwan’s Potential Economic Impact, Bear Market Warnings, and FC Barcelona Metaverse News — Bitcoin.com News Week in Review
From ominous speculation about the potential economic fallout of military conflict between Taiwan and China, to markets being flooded with...
DeFiChain Community Brings Attractive Rewards For DFI ERC-20 Pairs on Uniswap
Singapore, Singapore, 7th August, 2022, Chainwire DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to...
Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms
Law enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for...
L2 Scaling Solution Arbitrum Schedules Nitro Rollup Stack Upgrade for August 31
On August 4, Arbitrum One, the layer two (L2) Ethereum scaling solution, announced the protocol will implement a significant upgrade...
Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021
While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report...
Binance CEO Warns ‘We Could Disable Wazirx Wallets’ — Advises Investors to Transfer Funds to Binance
Binance CEO Changpeng Zhao (CZ) has warned that his company could “disable Wazirx wallets on a tech level,” advising anyone...
Shark Tank Star Kevin O’Leary Buys the Bitcoin Dip — Says Crypto ‘Desperately Needs Policy’
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he has bought the dip during the recent cryptocurrency market sell-off. He...
Elon Musk Accuses Twitter of Fraud in Countersuit Over $44B Deal — Twitter Subpoenas Binance and Other Firms
Tesla CEO Elon Musk has accused Twitter of fraud in his countersuit against the social media company. Twitter filed a lawsuit against the...
Alleged BTC-e Operator Alexander Vinnik in US Custody After Immediate Extradition From Greece
Russian IT specialist Alexander Vinnik, accused of owning and running the infamous crypto exchange BTC-e, has been handed over to the U.S....
Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July
Canadian Bitcoin (BTC) miner Hut 8 Mining Corp. added to its massive BTC reserves in July, as the firm maintained its long-term “HODL...
Crypto VC funding hits $30.3B in H1, Michael Saylor steps down as MicroStrategy CEO, and Voyager to return $270M worth of customer assets: Hodler’s Digest, July 31-Aug 6
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
Voyager to Allow Cash Withdrawals for Customers With US Dollars Held in Accounts
Following the bankruptcy judge approving the release of $270 million in cash deposits, the crypto firm Voyager Digital has announced that...
Debridge Finance Suspects North Korean Hacking Syndicate Lazarus Group Attacked the Protocol’s Team
According to the co-founder of Debridge Finance, Alex Smirnov, the infamous North Korean hacking syndicate Lazarus Group subjected...
What is a decentralized money market and how does it work?
The seamless flow of capital between borrowers and lenders is a key aspect of a vibrant economy. Anyone with an extra asset can lend it to...
Proof-of-work: The Bitcoin artists on minting NFTs and OpenSea
“Art is not a thing, it is a way,” said American writer Elbert Hubbard. For Bitcoin (BTC) artists, the way is inspired by Bitcoin, its...
Bitcoin price: weekend volatility ‘expected’ with $22K level to hold
Bitcoin (BTC) rose above $23,000 again into Aug. 6 as new analysis predicted a potential surge of 20% or more. BTC/USD 1-hour candle chart...
A Second Ethereum PoW Chain Idea Gains Traction, Poloniex to List ‘Potential Forked’ Token Markets
Five days ago, the influential Chinese crypto miner, Chandler Guo, explained that a proof-of-work (PoW) version of Ethereum is...
Ethereum price rises by 50% against Bitcoin in one month — but there’s a catch
Ether (ETH), Ethereum’s native toke, has been continuing its uptrend against Bitcoin (BTC) as euphoria around its upcoming network...
Biggest Movers: AVAX Nears 2-Month High, FIL up 15% Despite Weekend Volatility
Avalanche was trading close to a two-month high on Saturday, despite markets mostly consolidating. Another exception was filecoin, which...