Everyone is now familiar with the term “NFTs,” which provide users with decentralized asset ownership and legitimate property through blockchain technology. Similarly, NFT domains are currently trending with a similar approach of giving users ownership rights, but the difference is that these NFT domains can be stored as an asset, used to host a decentralized…
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On August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen withdrawals during the last three months, leaving customers little hope that they will see their funds again. Well before Hodlnaut’s withdrawal pause, the Terra…
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NFTiffs, a collection of 250 CryptoPunks-themed NFTs by American luxury jewelry retailer Tiffany, has seen a plunge in its sales volume as the buyers haven’t rushed to the secondary market yet. According to NFT data aggregator CryptoSlam, NFTiffs’ sales volume has dropped by 32% over the past 24 hours, plunging to around USD 458,000. … Read…
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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: ‘Most Significant Legal Action’ Against Crypto in US, Hodlnaut Halts Withdrawals, Zipmex Releases Ethereum & Bitcoin + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Bitcoin price was able to clear the USD 23,500 resistance zone and is currently (11:54 UTC) trading near USD 24,060. BTC is up almost 5% in a day and 3% in a week. Similarly, most major altcoins are also rising and gaining pace. ETH climbed above the USD 1,750 resistance zone. XRP surpassed USD 0.38…
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Police in Hong Kong have begun publishing details of crypto fraud cases – in the hope that the public will take valuable lessons from cases that have seen people lose thousands of dollars to crypto villains…. Read More: Hong Kong Police Publish Details of USDT Fraud Case in Effort to Raise Public Awareness of Crypto…
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Nansen CEO Alex Svanevik said that while many chains will become ghost towns after the Merge, some will be able to find their own niches. Cointelegraph’s Brian Newar spoke with Alex Svanevik, the CEO of blockchain data firm Nansen at the Korea Blockchain Week (KBW) 2022 held in Seoul and discussed topics like the upcoming…
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As the Ethereum Name Service edges closer to 2 million domain registrations, its founder reflects on the parallels with the internet’s Domain Name Service. The proliferation of the internet brought the world to the fingertips of users, and with it came a rush to register domains on the nascent network. Businesses like Amazon were born…
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Web traffic on FTX surged 123% YoY, while major exchanges like Coinbase and Binance were down 46% and 40% traffic-wise, respectively. The ongoing cryptocurrency winter has triggered an overall decline in interest in centralized crypto exchanges (CEX), but some crypto trading platforms have seen a rise in website traffic. A few major global crypto exchanges,…
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Hodlnaut avoided 3AC exposure and earlier denied ever buying UST, but several reports and on-chain data have shown that the lending firm at one point owned over $150M worth of UST. Singapore-based crypto lending platform Hodlnaut has become the latest firm to suspend withdrawals, and deposits blaming market conditions and lack of liquidity. The crypto…
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