August 2022 | Page 7 of 148 | Last Cryptocurrency News Feed

Daily Volatility Surges as Bitcoin Fights for $20K (Market Watch)

The volatility over the past 24 hours in the cryptocurrency market increased. Bitcoin’s price is currently flirting with the coveted $20K level, and the bulls have so far managed to defend it. The total crypto market capitalization remains above $1 trillion. Bitcoin Price Flirting With $20K Somewhat expectedly, the $20K level is proving to be…

Cointelegraph Feed

Not quite to the moon: Aussies offered NFT that could send them to space

The NFT offering is part of a promotion celebrating the launch of Web3 marketplace Crypto Competitions. 134 Total views 9 Total shares Australians may not ever see their nonfungible tokens (NFTs) take them “to the moon,” but they might be able to get to the next best place — the edge of space.Crypto Competitions, an…

Cointelegraph Feed

AVAX price rebounds 15% after Crypto Leaks sell-off but Avalanche could still bury bulls

Avalanche (AVAX) bulls snubbed the sensational claims made by a self-proclaimed whistleblower website that the project's parent firm, Ava Labs, paid lawyers to damage its competitors' reputation.Avalanche price recovers from serious allegationsAVAX's price established an intraday high of $19.75 on Aug. 30, two days after bottoming out locally at $17.50, amounting to a 15% rise.…

Cryptocurrency News Feeds

Singapore Court Places Crypto Lender Hodlnaut Under Interim Judicial Management

Almost a month after Hodlnaut froze withdrawals, the crypto lender has been placed under Interim Judicial Management. For the uninitiated, Judicial management is essentially a debt restructuring method where an independent judicial manager is appointed to oversee the affairs, business, and property of a financially distressed company. With the latest judgment delivered on August 29…

Cointelegraph Feed

Mystery of the whale wallet holding 50% of Axie Infinity’s SLP supply

Contrary to the obvious explanation, this massive whale wallet is not owned by Axie Infinity or the company behind it, Sky Mavis. 580 Total views 5 Total shares For nearly a year now, a mysterious Axie Infinity wallet has been quietly amassing billions of Smooth Love Potion (SLP), the in-game cryptocurrency powering one of the…

Cointelegraph Feed

ETH products grow in August as BTC products dip: CryptoCompare report

The upcoming Merge has contributed to a rise in Ethereum investment products and trading volume, as crypto market AUM figures continue to drop amid the bear market 105 Total views 4 Total shares Ethereum investment products increased by 2.36% to $6.81 billion in assets under management (AUM) throughout August, outperforming Bitcoin products which saw a…

Cointelegraph Feed

Largest Ether mining pool Ethermine opens new ETH staking service

Ahead of the rapidly approaching Ethereum (ETH) Merge on Sept. 15, Ethermine, the world’s largest Ethereum mining pool has unveiled a new staking pool for users. Notably however, it is not available to U.S. miners The new service offers Ethermine members a chance to collectively stake their ETH and earn interest on top of their…

Cointelegraph Feed

‘Everything’s on sale’: Reddit founder, Galaxy and Genesis execs raise big money

776’s fund is called “Kryptos” and is set to capitalize on the current bear market when it launches in October. 367 Total views 25 Total shares Reddit co-founder Alexis Ohanian’s venture capital (VC) firm Seven Seven Six (776) is looking to raise a crypto investment fund worth $177.6 million, while current and former executives from…

Cointelegraph Feed

Moonbirds will store NFT art ‘in chain’ — Raises $50M in Series A funding

PROOF, the private community behind the Moonbirds NFT collection, has announced it is shifting its blue-chip collection completely “in chain” — allowing images to be fully contained within the underlying smart contract. In a community live stream named “Future PROOF” on Aug. 30, Harri Thomas, director of products at PROOF explained that the new approach will…

Cryptocurrency News Feeds

Nexo Allocates Another $50 Million To Its Token Buyback Initiative

Cryptocurrency exchange Nexo announced this Aug. 30 the allocation of another $50 million to execute discretionary and periodic buybacks of its NEXO token on the open market. According to the company’s statement, this would be the second time the exchange has invested money in repurchasing its tokens this year. The first time was in May…