Zachxbt, an anonymous crypto researcher and self-proclaimed “on-chain sleuth,” has published an extensive list of crypto influencers and how much they allegedly charge to “shill” crypto projects on Twitter. Zachxbt told Motherboard that the list came from a “marketing firm” but did not disclose the company’s name. The media site has also contacted 60…
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The Monero (XMR) community scheduled the v15 network upgrade for mid-July after reaching a consensus — an upgrade that will not include the “Monero 2.0” hard forks. Meanwhile, some project supporters are trying to orchestrate “The Monerun.” “Monero is set to hard fork on July 16th 2022 at block 26688881, after the community has…
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Bitcoin price failed to stay above the USD 40,000 pivot level and extended decline below the USD 39,200 support level. It is currently (12:00 PM UTC) trading below USD 39,100 and might decline below USD 38,500. Similarly, most major altcoins are gaining bearish momentum. ETH declined below the USD 2,920 support level while XRP…
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Beanstalk, a decentralized credit-based stablecoin protocol, fell victim to a flash-loan attack over the weekend that saw the protocol exploited for USD 182m worth of crypto. However, the attacker managed to cash out ‘only’ USD 80m. According to blockchain security firm PeckShield, the attacker ran away with ETH 24,830 and the protocol’s stablecoin BEAN…
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First images have emerged of specialized digital yuan wallets provided by the Tencent-run e-pay platform WeChat Pay. Although the wallets are still in what appears to be beta testing and are not yet fully functional, some media outlets – such as Sina – appear to have been able to open wallets and test their…
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Vlad Tenev, co-founder and CEO of the popular trading app Robinhood, shared a new old solution for increasing dogecoin (DOGE)’s throughput – and the community doesn’t seem impressed. In a Twitter thread, Tenev said that he’s been “thinking about what would [it] take” for DOGE to “truly be the future currency of the Internet…
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With Ava Labs, the lead developer of the Avalanche blockchain, said to pursue new funding round, possibly becoming one of the most highly valued crypto-focused startups, the price of its native coin AVAX is accelerating upwards. With the aim to support its further expansion, the company is seeking some USD 350m in funding at…
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Following heavy selling earlier in the week, the crypto market moved higher on Thursday on boosted sentiment in stocks. However, some on-chain metrics could be a cause of concern for bitcoin (BTC) investors. At 10:05 UTC, BTC stood at USD 41,215, up almost 3% for the past 24 hours and down almost 5% for…
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A “bearish lull” in the crypto market fuelled growth in stablecoins, with the market capitalization of the top five stablecoins growing by 13% in the first quarter, according to a new report from the coin tracking site CoinGecko. The growth in the market capitalization of stablecoins is notable given that it happened during a…
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