Here’s what happened in crypto today

Bitcoin (BTC) and large-cap cryptocurrencies have shown significant strength over the past few weeks but traders are also starting to pay attention to smaller cap coins. One of these coins is Icon (ICX), which has surged more than 200% over the past three weeks. Similarly, WanChain (WAN) and AION (AION) also gained 60% and 120%, therefore…

China’s central bank released a new statement to debunk some rumors. 1720 Total views 20 Total shares The People’s Bank of China (PBoC) announced that the test run of its central bank digital currency is currently limited to small retail transactions.According to the Global Times on Aug. 24, the central bank has clarified some details…

In 2021, Coinbase vowed to become the Amazon Web Services of crypto. Now, it’s targeting Web3 development through Coinbase Cloud. 313 Total views 28 Total shares Blockchain infrastructure platform Coinbase Cloud has officially rolled out its Web3 developer platform, allowing users to build new decentralized applications free of charge. The new developer platform, dubbed Node, allows…

National Assembly member Kim Nam-kuk had authority in handling laws related to digital assets in South Korea, reportedly backing a bill proposing a 20% crypto gains tax be deferred. 225 Total views 17 Total shares Kim Nam-kuk, a member of South Korea’s National Assembly, reportedly liquidated more than $4 million worth of crypto prior to…

For the past few days, the price of Bitcoin (BTC) has been hovering above the 20 Moving Average (MA) and drawing closer to the moving average as volume continued to taper off and lower highs were set each day. Crypto Market Data Source: Coin360The digital asset began to look bearish on multiple time frames and it…

While Google’s subsidiary, YouTube, is facing a lawsuit for promoting cryptocurrency scams, Google’s advertising platform continues to display fraudulent crypto ads through its advertising network.According to a report by Bitcoin (BTC) crypto exchange, CoinCorner, Google Ads was running an ad for CoinCorner’s phishing clone website, CoinCornerr.com. The issue was reported by CoinCorner’s marketing manager, Molly…

From real-name account trading to investigating individuals using cryptocurrencies to evade taxes, government officials in South Korea are enacting stricter regulations to oversee the cryptocurrency industry in the country. These measures often require digital currency businesses to provide detailed customer data and transaction information to the relevant authorities.With these stringent measures often comes an increase…

The entertainment-focused Hyperchain aims to provide a robust infrastructure for gaming, AI, and SocialFi-related protocols.

The suspected hack followed ZB.com announcing the suspension of deposits and withdrawals on Tuesday in response to the “sudden failure of some core applications.” 198 Total views 5 Total shares Blockchain investigator PeckShield has reported roughly $4.8 million in crypto moved from ZB.com amid the exchange announcing the suspension of withdrawals.In a Wednesday tweet, PeckShield…