DeFi protocol WDZD Swap exploited for $1.1M: CertiK

Volatile or not, there's growing public demand for retailers and businesses to accept payment in cryptocurrency. According to a survey published in June by the United Kingdom-based crypto-exchange CreditCoin, 75 percent of American consumers want the option to use cryptocurrencies to pay for items they purchase in stores. Sadly, the proportion of stores providing this option…

Bitcoin (BTC) held $40,000 on March 17 after an anticipated key interest rate hike from the Federal Reserve delivered a strong response.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed singles out Ukraine war in inflation commentsData from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to local highs of $41,500 after the Fed announced it would raise…

The regulatory agency's main concern was the rise of unregulated collective investment schemes in NFTs. 68 Total views 2 Total shares On Monday, Hong Kong's Securities and Futures Commission (SFC) released a statement warning investors about the risks of nonfungible tokens, or NFTs, which have soared in popularity in recent years. The regulatory body wrote: "As…

Analysts are attributing Bitcoin’s (BTC) plunge on Sep. 7 to the liquidation of over-leveraged positions. According to Bybt data, about $3.68 billion worth of long positions were liquidated in the last 24 hours in the Bitcoin options market.On-chain monitoring resource Whalemap said the decline was largely caused due to selling by whales who had recently…

Friday, March 22 — All the top 20 cryptocurrencies, except Tether (USDT), are in the green, having overcome yesterday’s drop.Market visualization from Coin360Bitcoin (BTC) is up 0.31 percent over the past 24 hours, and is trading at around $4,045 at press time. The coin started the day at $4,029, with a jump to as high…

The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.

The penalties are part of a new piece of legislation that also regulates crypto trading and payments. 241 Total views 17 Total shares Brazilian lawmakers are working to provide stricter regulations for cryptocurrency-related crimes, approving a set of new penalties for laundering money with crypto.Brazil’s Special Committee of the Chamber of Deputies has approved a…

According to the OECD, the crypto market posed a “significant risk” around tax transparency, claiming that any gains will eventually be lost without additional safeguards. 303 Total views 20 Total shares The Organisation for Economic Cooperation and Development, or OECD, has suggested additional requirements on reporting crypto transactions and identifying users aimed at increasing transparency…

Top Russian bankers cite their reasons for not liking Bitcoin after Tinkoff's CEO said that the central bank was stopping it from offering crypto trading services. 7134 Total views 6 Total shares Sberbank and VTB, the two biggest banks in Russia, are not willing to move into the cryptocurrency market in the near future as…