Ethereum’s value accretion narrative under duress after 19% drop in ETH DApp volumes
ETH price struggles to find reasons to rally after the network’s DApp volumes drop and Ether languishes near the $2,250 support.
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Malta Regulator Clarifies Legal Status of Binance
In a recent interview, a Malta parliamentarian has sought to clarify the legal status of top cryptocurrency exchange Binance within the island country.Speaking to Cointelegraph, Malta’s Junior Minister for Financial Services and Digital Economy, Bartolo Clayton, reaffirmed that Binance has never been licensed in the jurisdiction:“As informed by the Malta Financial Services Authority, which is…
Bitcoin price taps $21.3K ahead of Fed Chair Powell Jackson Hole speech
Bitcoin (BTC) fell to daily lows on Aug. 26 as market nerves heightened into new macro triggers.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPre-Fed blues hit BTC marketsData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $21,332 on Bitstamp ahead of fresh commentary from Jerome Powell, Chair of the United States Federal Reserve.Part of…
Pantera-backed Braintrust launches token on Ethereum mainnet
Since inception, the project has raised a cumulative $31 million from investors, which include some of blockchain’s biggest venture funds. 304 Total views 15 Total shares Decentralized talent network Braintrust has officially launched its BTRST token on the Ethereum mainnet, setting in motion a new governance framework as it aims to drive mass enterprise adoption…
Web3 infrastructure firm ChainSafe raises $18.75M as attention shifts to GameFi
The Canadian company is focused on multi-chain R&D and blockchain gaming, which is a growing industry that’s expected to achieve multi-billion-dollar valuations. 304 Total views 5 Total shares Canadian Web3 infrastructure company ChainSafe has closed an $18.75 million funding round that was backed by prominent industry venture firms, putting the company on track to expand…
Neutrino Dollar breaks peg, falls to $0.82 amid WAVES price ‘manipulation’ accusations
Neutrino Dollar (USDN), a stablecoin issued through Waves-backed Neutrino protocol, lost its U.S. dollar-peg on April 4 amid speculations that it could become "insolvent" in the future.USDN plunges 15% despite WAVES backingUSDN dropped to as low as $0.822 on April 4 with its market capitalization also diving to $824.25 million, down 14% from its year-to-date…
Key Bitcoin price metric flashes its first bullish signal in 4 months
Bitcoin (BTC) has been struggling to sustain above the $53,000 support for the past three days, while Ether (ETH) soared to a new all-time high at $2,800. In the current scenario, some traders would rather wait for Friday's CME futures expiry before entering long BTC positions, as historically, its price tends to correct ahead of…
Hong Kong Hardware Manufacturer Releases Mining GPU for New Privacy-Oriented Coin
Hong Kong-based computer hardware manufacturer Sapphire has announced a new graphics card for mining the recently-launched GRIN Coin, according to an official press release published on Jan. 22.The SAPPHIRE RX 570 16GB HDMI Blockchain Graphics Card is one of the first of a “new family” that will support mining of the new GRIN Coin.GRIN, which…
Coinsquare Partners with FlexaHQ to Bring Crypto Payments to Canada
One of Canada’s top crypto exchanges, Coinsquare, has partnered with United States cryptocurrency payments startup Flexa to bring in-store digital currency payments to Canada.In-store crypto payments in CanadaThe official Twitter account of Canadian cryptocurrency exchange Coinsquare announced on August 13 that the firm partnered with U.S.-based crypto payments startup Flexa. The partnership will reportedly allow…