Why is Ethereum (ETH) price down today?
Ether price is down today after enduring a 9% decline in three days, and data suggests that the altcoin is poised for further downside.
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After Yearn exploit, attacker funds frozen and reimbursement plans developing
Seized funds bring the damage down to $9 million as multiple communities ponder the next step in reimbursing user funds 3051 Total views 15 Total shares Following an exploit last night that cost yield vault project Yearn.finance $11 million in stablecoin DAI, crypto community members from multiple projects have rallied to mitigate the effects, reclaim…

Scam alert! Binance CEO warns users of massive SMS phishing scam
The scam involves sending users a text message with a link to cancel withdrawals, leading users to a fake website designed to harvest their login credentials. 589 Total views 22 Total shares Binance CEO Changpeng “CZ” Zhao has alerted the crypto community against a “massive” SMS phishing scam targeting Binance customers.Tweeting on Friday, CZ alerted…

Bitcoin Price Pumps, Then Dumps Below $7K Mirroring S&P Futures
Bitcoin (BTC) price has again dropped below $7,000 and at the time of writing the digital asset is struggling to hold above $6,700. The sharp downside to a new weekly low at $6,575 occurred despite an exciting Easter Sunday, which saw Bitcoin price drop to $6,772, then abruptly rebound to $7,176. As reported earlier by Cointelegraph,…

Google Trends data reveals that no one cared about metaverse or NFTs in 2022
Search interest for main keywords “metaverse” and “NFT” continues to drop since the start of the year. While the worldwide search interest for the keywords “metaverse” and “NFT” boomed in the last quarter of 2021, Google Trends data shows that the hype may have passed since February 2022.Google Trends shows that in the last twelve…

Dash Surges by Over 16% as Bitcoin Price Hovers At $8,100
Sunday, Jan. 12 — most of the top cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) hovers around the $8,100 mark again.Market visualization courtesy of Coin360Among the top cryptocurrencies, the one that has seen the most growth over the last 24 hours is DASH, which was up by around…

Societe Generale launches custodial services for crypto fund managers
The firm is also in the process of testing a digital euro together with the European Central Bank. 201 Total views 11 Total shares According to a new press release on Wednesday, Société Générale, one of the largest investment banks in Europe, said that it would be expanding its cryptocurrency asset management services through its…

Square Lowers Its Q1 Estimates by $800M Despite Bitcoin Success
Square’s Bitcoin (BTC) revenue continues to grow, even as the popular payments app lowers its first-quarter revenue estimates by $800 million due to the coronavirus crisis.According to a company announcement on March 24, COVID-19 was not a factor in the company’s growth until around 10 days ago:“While the beginning of March was relatively in line…

France updates its crypto licensing regime to synchronize with MiCA
The amendments will become obligatory by January 1, 2024 and must be taken into account in by applicants for enhanced DASP registration. 64 Total views 2 Total shares In France, amendments to the existing crypto regime will come into effect in next year to align national regulations with the pan-European framework, set by Markets in…