DeFi apps targeted in apparent Squarespace DNS registry attack: Blockaid
Several DeFi apps have been targeted by a domain hijacker who may have discovered an exploit in Squarespace’s registry system, Blockaid stated.
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Bitcoin price charts hint at double-bottom, relief rally to $10,800
Last weekend was incredibly rough for most cryptocurrency investors as massive sell-offs occurred. The price of Bitcoin (BTC) dipped below $10K several times but seems to have found short-term support at this level. The primary question for the markets is whether a relief rally is around the corner or further downside movement is expected. Let’s take a…

Chinese city seeks to power urban governance and more using blockchain tech
30 new blockchain adoption applications will be considered as part of the city's two-year plan. 1684 Total views 24 Total shares Authorities in Chengdu, China plan to adopt blockchain for several use cases throughout the city, including urban governance, cross-border trade, smart manufacturing, and agriculture.During the 2020 Chengdu Global Innovation and Entrepreneurship Fair, the city's…

Bitcoin hits new 9-month highs above $28K as markets flipflop over FOMC
Bitcoin price action targets $28,500 with "all classes" buying BTC, but the odds of the Fed pausing rate hikes are decreasing by the hour. 81 Total views 1 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) headed to new nine-month highs after the March 21 Wall Street open as…

Chinese Central Bank Governor Defines STOs as ‘Illegal Financial Activity in China’
The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the country, English-language local news outlet South China Morning Post (SCMP) reports Dec. 9.A deputy governor of China’s central bank, Pan Gongsheng, reportedly told a summit in Beijing “that ‘illegal’ financing activities through STOs and ICOs…

USDT records new all-time high against Russian ruble as inflation hits
As an immediate countermeasure against the rising inflation of its fiat currency, the Russian central bank doubled key interest rates on Feb. 28, from 9.5% to 20% 702 Total views 20 Total shares U.S. dollar-pegged stablecoin Tether (USDT) witnessed a spike of over 30% in five days against the Russian ruble — highlighting the negative…

S&P Dow Jones Indices launches new cryptocurrency indexes
The S&P Cryptocurrency Broad Digital Market Index is being launched alongside four other benchmarks that track cryptocurrencies based on market capitalization. 783 Total views 3 Total shares S&P Dow Jones Indices, the leading index provider of some of the world’s largest equity benchmarks, has launched a new cryptocurrency index that tracks the performance of the…

Further downside is expected, but multiple data points suggest Bitcoin is undervalued
Traders are taking a hands-off approach to BTC, but a number of price metrics suggest Bitcoin is undervalued even though further downside is expected. 34 Total views 1 Total shares The outlook across the cryptocurrency ecosystem continue to dim as the sharp downtrend that was initially sparked by the collapse of Terra now appears to…

The Token Taxonomy Act of 2021: Preemption of inconsistent state laws
In these hyper-partisan times, any bill that includes sponsors from both sides of the aisle is noteworthy. There is one pending now that is particularly important in the crypto space. On March 8, 2021, H.R. 1628, the Token Taxonomy Act of 2021, was introduced by representative Warren Davidson. It was co-sponsored by representatives Ted Budd,…