Bitcoin falls under $91K — Bitfinex says it’s at a ‘critical juncture’

The account has made multiple posts promising a token giveaway and ushers users to a copycat website to connect their crypto wallet. 151 Total views 2 Total shares The X (Twitter) account of crypto-focused venture capital firm Blockchain Capital has seemingly been taken over by scammers attempting to lure users with the promise of a…

The bullish momentum that had been growing across the cryptocurrency ecosystem over the past few days came to a screeching halt on Sept. 24 as news that China had banned cryptocurrency transactions made the rounds on social media and initiated an abrupt fall in the price of Bitcoin (BTC) from $45,000 to $42,000. After the initial…

Bloomberg suggests that the price of Bitcoin is stabilizing at six times the price of gold, yet it contends that the asset is still undervalued. In its crypto outlook for August, Bloomberg contends that the price of Bitcoin (BTC) is stabilizing at six times the price of an ounce of gold. This speculation came shortly…

Cross-chain interoperability protocol LayerZero’s infrastructure aims to drive liquid staking adoption across the DeFi ecosystem. 445 Total views 2 Total shares Layer-1 blockchain Tenet is set to see its liquid staking derivatives platfrom plug into a cross-chain decentralized finance (DeFi) ecosystem through a partnership with omnichain messaging protocol LayerZero.Tenet has plugged into LayerZero’s cross-chain protocol…

It is expected that the total figure of tokens could rise to north of $85 million. 1136 Total views 2 Total shares Decentralized finance (DeFi) interest rate protocol Compound Finance has reported a token distribution bug within its newly implemented Proposal 062, which is over-rewarding suppliers into the tens of millions of dollars. The upgrade was…

Bitcoin (BTC) bulls face a tough task to bring BTC price action past $35,000, fresh analysis predicts.In its latest market update on July 5, trading firm QCP Capital flagged the mid-$30,000 range as a potential cooling-off point for the Bitcoin bull market.Bitcoin homes in on post-FTX rally peakWith BTC price stagnating around $30,000, concerns are…

The total volume on the crypto exchange has fallen 4.9% in the last 24 hours. 1065 Total views 6 Total shares London-based cryptocurrency exchange EXMO suffered a distributed denial-of-service attack earlier today, causing the platform’s servers to become unavailable.In a tweet earlier today, EXMO reported that hackers had targeted the exchange with $75 million in…

Investors in an alleged $17 million crypto scam are filing a lawsuit with the Port Elizabeth High Court against the CEO of VaultAge Solutions. 1554 Total views 44 Total shares Investors in the South African cryptocurrency firm VaultAge Solutions are planning to file a case against company CEO Willie Breedt for allegedly scamming 2,000 investors…