TON ecosystem scams on the rise: How to stay safe
As the TON blockchain is open-source and permissionless, individual users and projects must be careful to ensure their own safety.
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Can Bitcoin repeat a 2017-like rally as dollar correlation reverses?
There is a common belief that when the U.S. dollar declines relative to other main global currencies, as measured by the Dollar Strength Index (DXY), the impact on Bitcoin (BTC) is positive, and vice versa.For instance, the DXY index dropped from 103.0 on Jan. 2017 to a 92.6 low on Aug. 2017, while Bitcoin rallied…

Huobi Meets ‘Loud and Clear’ Demand for Crypto Savings Accounts
Huobi makes a pitch to those who ”want to earn a good profit worry-free.” Singapore-headquartered exchange Huobi Global is rolling out cryptocurrency savings accounts tomorrow.The new product will go live at 7:00 a.m. UTC on Aug. 20, with availability restricted to certain jurisdictions. Residents of China, Hong Kong Japan, Singapore, the United States, Germany, and…

$1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions
Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3. 367 Total views 49 Total shares According to blockchain data from Nansen Analytics on Tuesday, over $1.096 billion worth of Ethereum (ETH) has been burned in the past month. With the introduction of the EIP-1559 last…

Six Nigerian Citizens Added to the US Sanctions List for Cybercrimes
The U.S. Treasury added six Nigerian individuals to its sanctions list for alleged cybercrimes. 304 Total views 12 Total shares The office of Foreign Assets Control of the U.S. Department of the Treasury announced on June 16 the addition of six Nigerian individuals to the sanctions list for cybercrimes.According to the official announcement, Nnamdi Orson…

9 of the weirdest crypto projects, from Dentacoin to Cthulu
Crypto is full of odd people who have put some of their eccentricity into the crypto projects they develop.

Facebook ‘definitely looking’ at NFTs, says exec
“When you have a good crypto wallet like Novi will be, you also have to think about how to help consumers support NFTs,” Facebook’s David Marcus said. 642 Total views 267 Total shares As Facebook now finalizes the development of its proprietary cryptocurrency wallet, Novi, the social media giant could soon be supporting nonfungible tokens…

Circle Announces Support for USDC Stablecoin on Algorand Blockchain
USD Coin, which is a joint venture of Circle and Coinbase, will soon launch on the Algorand blockchain. 1523 Total views 26 Total shares The Algorand Foundation has announced that the USD Coin (USDC) stablecoin will be launched on the Algorand (ALGO) blockchain.The integration will allow customers using Circle APIs or Circle Business Accounts to…

Germany Proposes Launching State-Run Electronic Register for Blockchain Sector
Germany’s justice and finance ministries have proposed to launch a state-run register to boost the use of blockchain, Reuters reports on Friday, March 8.According to the Reuters, the seven-page initial guidelines offer to create a register to regulate the sector and protect investors from possible abuses. The document reportedly states that regulation in the sphere…