Ava Labs COO’s X account suspected as hacked after posting memecoin
The X account of Ava Labs’ operating chief, Luigi D’Onorio DeMeo, has been touting memecoins and other suspicious links, prompting many to warn it’s likely a phishing scam.
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South Korean Authorities Investigate Crypto Fraud That Promised Investors Shipwreck Gold
South Korean authorities are investigating a crypto investment scam involving the Seoul-based Shinil Group as the key figure, Korea JoongAng Daily reported July 31. Shinil Group (Shinil) allegedly promised to pay investors in gold from a sunken Russian shipwreck. Earlier this month, Shinil announced it had found the Dmitrii Donskoi, a Russian armored cruiser that…

Blockchain service provider Nansen to integrate Solana data analytics
The platform will introduce a statistical dashboard in Q1 2022 dedicated to tracking insights and trends in Solana's NFT and DeFi ecosystems. 297 Total views 13 Total shares Blockchain data provider Nansen has announced the planned integration of a Solana dashboard to provide extensive insights to institutional and retail investors seeking to identify emerging trends…

Bitcoin Technicals: Why BTC price breaking $48K resistance is the key to new all-time highs
Bitcoin (BTC) and the crypto market have been accelerating heavily in recent weeks, as Bitcoin has surged by 60% from the July lows, while Ether (ETH) has been showing strength with a 90% rally as altcoins have been seeing massive gains across the board.The sentiment has flipped heavily as well. Three weeks ago, the majority…

Twitter Community Notes hits 44 countries as Elon Musk seeks ‘truth’ for X
Contributors from 44 countries are tasked with vetting the information being shared on posts that draw greater attention and are often subject to being picked up by mainstream media. 102 Total views 2 Total shares Tech entrepreneur Elon Musk’s Twitter (rebranded to X) added contributors from 18 new countries to ensure the accuracy of the…

Bitcoin’s pre-halving rally may start soon — Here’s why
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses if this is your last chance to buy Bitcoin on the cheap as the Bitcoin pre-halving rally may be right around the corner. In the latest episode of The Market Report, Cointelegraph analyst and writer Marcel Pechman discusses Standard Chartered bank’s $120,000 Bitcoin…

Bank of England Releases Discussion Paper on CBDCs
The Bank of England (BoE) is seriously weighing the pros and cons of issuing a central bank digital currency (CBDC) denominated in pounds sterling. Britain’s central bank recognized that a digital pound could be destabilizing for the current banking system. However, a digital currency could utilize the latest FinTech and make transactions easier and faster…

Terraform Labs contends Citadel Securities had a hand in its stablecoin collapse
Terraform Labs has urged the judge to grant its motion to compel trading data from Citadel Securities, which it says had a hand in the collapse of USTC in May 2022. 265 Total views 15 Total shares Do Kwon-founded Terraform Labs has again pointed the finger at market maker Citadel Securities for its role in

Kenyan crypto tax bill makes it through Parliamentary Committee
The Capital Markets (Amendment) Bill will now be introduced to the lower chamber of Parliament in Kenya. 89 Total views 2 Total shares A bill defining crypto assets as securities and featuring the capital gains tax on them made it through the Parliamentary Committee. It will be introduced to the lower chamber of Parliament as