$24M CryptoPunk NFT sold quietly as market interest fades
The actual sale amount was not disclosed, leading community members to speculate that the NFT was sold at a loss.
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Top 5 cryptocurrencies to watch this week: BTC, UNI, THETA, VET, LUNA
Bitcoin’s (BTC) fundamentals received a boost as the U.S. Senate passed the $1.9 trillion stimulus bill on March 7. If traders react to this bill in the same way as they had done to the first stimulus package in April 2020, then the crypto markets may witness a strong rally.The stimulus package also intensifies the…
Bitcoin millionaires surge 111% in a year amid crypto rally
There are now 85,400 Bitcoin millionaires, more than double the amount from last year.
West Virginia Abandons Blockchain Voting in Favor of Paper
On Feb. 27, West Virginia decided against using blockchain-based platform Voatz for residents with disabilities and citizens residing abroad to cast their votes in the state’s upcoming primary election.Instead, citizens will vote using a platform offered by Democracy Live. The platform allows voters to either fill out a ballot or print and post it. Democracy…
Celsius wins ‘best cryptocurrency wallet’ award by FinTech Breakthrough
The FinTech Breakthrough Awards recognize innovators in the emerging field of financial technology. Four awards were handed out in the cryptocurrency category. 2424 Total views 19 Total shares Celsius Network, a digital asset lending platform, has been awarded “best cryptocurrency wallet” at the fifth annual FinTech Breakthrough Awards — a yearly event that recognizes emerging…
Ethereum price won’t see $2K anytime soon, market data suggests
Ether (ETH) price faced strong resistance at $1,920 after the 17.5% rally between June 15 and June 22. A number of factors contributed to the limited upside, including worsening macroeconomic conditions, the regulatory cryptocurrency environment, and weaker demand for decentralized applications (DApps) on the Ethereum network.ETH price faces macroeconomic headwindsOn June 26, a federal judge…
US DEA: Criminal Activity in Cryptocurrency Has Dropped 80 Percent Since 2013
An agent of the U.S. Drug Enforcement Administration (DEA) has noted that Bitcoin’s (BTC) role in crimes has dropped to just 10 percent of transactions, while transactions themselves have “grown tremendously,” Bloomberg reports August 7. In an interview, DEA special agent Lilita Infante — who is a member of the 10-person Cyber Investigative Task Force…
‘Golden Boys’ behind Compound ‘governance attack’ agree to rescind proposal
A member of the “Golden Boys” voting bloc, Humpy, appears to have accepted a new staking proposal while agreeing to rescind the controversial Proposal 289.
CRV exposure risk throws a curveball at the DeFi ecosystem: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The $47 million Curve Finance exploit on July 30 had a domino effect on the DeFi ecosystem, mainly due to the $100 million loan taken out by the…