Bitcoin
Bank of Korea to Exclude Seoul From CBDC Pilot Study Next Year: Report
Jeju, Busan and Incheon are in the running to be considered. Source link
Month: July 2023
Market Analysis
Has the Ethereum (ETH) Price Bottom Been Reached?
The Ethereum (ETH) price has decreased since July 14, when it reached a new yearly high. The price has bounced at an important Fib support level since but has yet to confirm the trend’s direction. […]
Regulation
Memecoin BALD Nosedives as Developer Pulls Ether (ETH) Liquidity
Base, built by crypto exchange Coinbase on OP Stack, launched its testnet in January and opened to builders in mid-July basis the submission of applications to Base. Traction has been scant, so far, except for […]
Ethereum
Celo Proposal to Migrate to Ethereum Layer 2 Passes
Celo said in the proposal that the benefits of the move will include “further Ethereum alignment and EVM compatibility, a stronger security assurances than Celo provides individually and a trustless bridge to Ethereum, simplifying liquidity […]
Bitcoin
Cryptocurrency Hacks and Exploits Cost Traders $303M in July in Worst Month of 2023
Of the $303 million this month, investors lost about $285 million in exploit attempts and hacks including the Multichain and Curve attacks, per CertiK’s data. Roughly $8.7 million of assets were drained abusing flash loans. […]
Market Analysis
Cardano (ADA) boost as Mithril goes live on mainnet
Cardano’s network will benefit from more efficiency and fast bootstrap after Mithril went live on mainnet. ADA price was flat, but could benefit from new bullish momentum across the market. Cardano has achieved another milestone […]
Regulation
Curve Finance (CRV) Exploit Puts More Than $100M of Crypto at Risk
Curve, a stablecoin-focused decentralized exchange (DEX), was the victim of an exploit late Sunday according to a tweet from the project. Curve relies on smart contracts instead of middlemen to offer financial services such as […]
Bitcoin
Analysts of Michael Saylor’s MicroStrategy Raise Price Targets Ahead of Q2 Earnings
TD Cowen analyst Lance Vitanza, who initiated coverage on the Michael Saylor-led firm last Wednesday with an outperform rating, praised the company for its “hybrid corporate strategy.” MicroStrategy is known for converting all of its […]
Market Analysis
Crypto Exchanges Issue Curve CRV Suspensions & Trade Warning
After a recent security breach that impacted Curve Finance’s CRV token, South Korean crypto exchange Upbit has suspended deposits and withdrawals. Other exchanges, like OKX, issued a volatility warning in response to the hack. The […]
Ethereum
Binance's Activities Are Illegal in Nigeria, Securities Regulator Says
The regulator also ordered all crypto platform providers to stop reaching out to Nigerian investors. Source link