Day: June 7, 2022

LINK marines rejoice after Chainlink 2.0 brings a new roadmap and staking

Passive income opportunities are one of the biggest draws in the cryptocurrency ecosystem because it gives investors an easy opportunity to grow their portfolio size regardless of the day-to-day price action. The latest token to get a bump in its price after announcing the upcoming implementation of staking is Chainlink (LINK), the decentralized oracle network …

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Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins – Bitcoin News

The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Central Bank of Brazil, Roberto Campos Neto. Campos Neto indicated that private banks in the country will be able to issue their own stablecoins …

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TrueFi launches on Optimism, expanding access to on-chain credit

Unsecured lending protocol TrueFi has become the latest project to launch on Optimism, Ethereum’s popular layer-2 scaling solution, in a move that’s expected to boost demand from non-institutional lenders.  By launching on Optimism, TrueFi’s lender community will have access to a faster and cheaper user experience, as well as gain exposure to a wider pool …

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Philippines Crypto Wallet Service Provider Coins.ph Partners With the PBA – Bitcoin News

Another digital currency firm is making moves into the sports world as the Philippines crypto wallet service provider Coins.ph announced the company has partnered with the Philippine Basketball Association (PBA). The deal is the PBA’s first crypto partnership during its 47th season and the Coins.ph brand will be showcased at the premier tournament during the …

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Sold your SOL? Solana price eyes 35% jump as two technical signals flip bullish

At least two technical indicators show Solana (SOL) could undergo a sharp price recovery in June, even after the SOL/USD pair’s 78.5% year-to-date decline. SOL price nears bullish wedge breakout First, Solana has been painting a “falling wedge” since May, confirmed by its fluctuations inside two descending, converging trendlines. Traditional analysts consider falling wedges as …

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Ledgible Closes $20M Series A Round With Key Institutional and Strategic Investors – Press release Bitcoin News

press release PRESS RELEASE. ATLANTA, June 7, 2022 – Ledgible, the leading professional-first crypto tax and accounting platform, today announced $20 million in funding for its Series A Round led by EJF Capital LLC (“EJF”) through its affiliate, the EJF Silvergate Ventures Fund. Joining the round are JAM FINTOP, Thomson Reuters Ventures, TTV Capital, Fenbushi …

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Report: Bored Ape Yacht Club Discord Attacker May Have Been Involved in Previous NFT Phishing Scams – Bitcoin News

On June 4, 2022, the Bored Ape Yacht Club (BAYC) Discord server was compromised and a phishing scam targeted non-fungible token (NFT) collectors holding BAYC, Mutant Ape Yacht Club (MAYC), and Otherside NFTs. According to an analysis by the Web3 and blockchain auditing and security firm Certik, the BAYC Discord server attacker may have been …

Report: Bored Ape Yacht Club Discord Attacker May Have Been Involved in Previous NFT Phishing Scams – Bitcoin News Read More »

Sebi issues Rs 92.47 lakh recovery notice to HKG Solutions, its directors

New Delhi: Capital markets regulator Sebi on Tuesday sent a notice to seven entities asking them to pay Rs 92.47 lakh in a case pertaining to misrepresentation of financials of Hit Kit Global Solutions (HKGS). The notice came after HKG Solutions and its directors failed to pay the fine imposed on them by the Securities …

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Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop – Mining Bitcoin News

Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the difficulty dipped by 4.33%. Currently, at 235 exahash per second (EH/s), the network is expected to see a DAA …

Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop – Mining Bitcoin News Read More »

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