Tag: Altcoin News

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Bitcoin and Ethereum Struggle to Clear Hurdles, Altcoins Dip

Bitcoin price attempted an upside break above the USD 23,500 resistance zone. BTC struggled to gain momentum and declined below USD 23,000. It is currently (11:40 UTC) trading near USD 22,900 and is down over 2% in a day and is unchanged in a week. Similarly, most major altcoins are also moving lower. ETH failed…
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Solana Blames Slope Wallet for Hack While Slope Says that ‘Nothing is Yet Firm’

The team behind the Solana (SOL) blockchain has tied the widespread hack that affected over 8,000 wallets and resulted in the loss of over USD 8m worth of funds to the closed-source Slope wallet. “After an investigation by developers, ecosystem teams, and security auditors, it appears affected addresses were at one point created, imported, or…
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Match Group Puts Crypto, Metaverse Plans for Tinder on Hold

Online dating giant Match Group is unhappy with one of its leading brands, Tinder, so it’s putting its earlier plans to have the service adopt cryptocurrencies and venture into metaverse-based dating on hold. … Read More: Match Group Puts Crypto, Metaverse Plans for Tinder on Hold  Read more »Pay, Trade, Buy Bitcoin with Credit Card

SOL Drops as Thousands of Wallets Attacked on Solana, Millions in USD Stolen (UPDATED)

An ongoing Solana (SOL) hack has affected more than 8,000 wallets and drained a (currently) estimated USD 4.5m-USD 8m worth of funds. (Updated at 07:50 UTC: updates throughout the entire text.) According to data compiled by crypto tracking platform MistTrack, four addresses linked to hackers have so far stolen USD 580m worth of crypto assets…
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Robinhood Fined Again, ZB Suspends Withdrawals, Resetting Vires.Finance, ApeCoin Enters Gucci + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Robinhood Fined Again, ZB Suspends Withdrawals, Resetting Vires.Finance, ApeCoin Enters Gucci + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

AMP Dives as Binance.US Unveils Its Delisting Following the SEC Claim that It is a Security

AMP, the native token of the Amp blockchain, has extended losses following news that Binance.US, the US arm of major crypto exchange Binance, would delist the coin due to the Securities and Exchange Commission (SEC)’s claim that it is a security. At 13:02 UTC, AMP is trading at USD 0.00812, down 10% in a day.…
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South Korean Prosecutors Wrap up Terra Raids on Exchanges, Tech & VC Firms

A more than week-long prosecution raid of South Korean crypto exchanges and companies linked to Terraform Labs has finally come to an end, with officers admitting that finding the information they were after was challenging. As reported, the Seoul Southern District Prosecutors’ Office-run Joint Financial and Securities Crime Investigation Team last month swooped on 15…
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Bitcoin and Ethereum Trend Lower, FIL Trims Gains

Bitcoin price struggled to stay above the USD 24,000 resistance. BTC dipped and traded below the USD 23,500 level. It is currently (11:54 UTC) trading just below USD 23,250 and is down over 2% in a day and up 3% in a week. Similarly, most major altcoins might accelerate their downside correction. ETH declined below…
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HNT’s Price Largely Unmoved By Helium’s ‘Users’ Controversy

The price of helium (HNT), the native token of Helium, a developer of a “decentralized wireless infrastructure,” seems to be moving together with the market despite the recent reports suggesting that the project promoted fake partnerships with two major tech companies who say they are not collaborating with Helium’s parent company. Since July 29, when…
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Dogecoin is Heading to Zero, According to Industry Panel

The price of dogecoin (DOGE) is likely to head towards zero and never bounce back, predicted the majority of members in a crypto industry panel surveyed by comparison website Finder.com. According to the survey, the majority of the panelists find that DOGE will lose all value at some point in the future…. Read More: Dogecoin…
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