Coinbase Lawsuit Alleges Unauthorized Transfers of Funds | Curated CoinCodeCap #17 August 2022
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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Coinbase Lawsuit Alleges Unauthorized Transfers of Funds
Per a proposed federal class action filed in federal court in Georgia by a man who claims that lax cybersecurity measures allowed thousands of dollars worth of cryptocurrency to be snatched from his account, Coinbase Inc. does not protect users’ funds from unauthorized transfers. Keep Reading »
Colombia Intends to Introduce a CBDC as Quickly as Feasible
To stop the outflow of money, the newly inaugurated president Gustavo Petro wants to put a system of CBDCs as quickly as possible, according to Luis Carlos Reyes, head of Colombia’s tax office. Keep Reading »
SEC Files Charges Against Dragonchain Over $16.5 Million DRGN ICO
The U.S. Securities and Exchange Commission(SEC) has recently increased its scrutinization and watch over cryptocurrency projects. On August 16, SEC announced filing charges against John Joseph Roets and his firms — Dragonchain, the Dragonchain Foundation, and The Dragon Company — for allegedly raising $16.5 million in unregistered “crypto asset” securities offerings. Keep Reading »
Crypto Scams Witnessed 65% Decline This Year, Crypto Hacks on a Surge
The cryptocurrency field is not devoid of scams and hacks. Despite 2022 being a tumultuous year for the crypto market, only a small percentage of people have fallen prey to cryptocurrency scams. Keep Reading »
Celsius CEO Reportedly Took Reckless Decisions Leading to a Loss of $50M
In July, Celsius filed for chapter 11 bankruptcy with nearly $4 billion in customer debt. The company has been the focus of numerous investigations over the past month, including those conducted by Canadian authorities. Keep Reading »
NFT Market Update | CoinCodeCap's Weekly
At the start of the week, we saw that the number of sales decreases towards its lowest at 9th August. On 9th August the number of sales was 25.8K. After that, the data showed an increase, and on 13th August the number of sales increased to 34.5K towards its highest Keep Reading »
Market Updates
XRP Price Analysis August 2022
XRP is a token of platform XRP LEDGER. Its current price is around $0.3733 by the time of writing, with a low of $0.2906, and has a market cap of 18.3 billion dollars. Keep Reading »
LDO Price Analysis August 2022
LDO is a token of the platform LIDO. Its current price is around $2.56 by the time of writing, with a low of $0.406, and has a market cap of 800 million dollars. Keep Reading »
RVN Price Analysis August 2022
RVN is a token of the platform Ravencoin. Its current price is around $0.04106 by the time of writing, with a low of $0.01728, and has a market cap of 429 million dollars. Keep Reading »
ANKR Price Analysis August 2022
ANKR is a token of the platform Ankr. Its current price is around $0.04$0.023183 by the time of writing, with a low of $0.02318, and has a market cap of 527 million dollars. Keep Reading »
Crypto to Look Out for this Week: BTC, ETH, BSV, ICX, NEO
The price of cryptocurrencies has dropped by 60% in the last few months. This has made it hard to deny that we are in a bear market. The prices for smaller assets such as ZCash also decreased by over 80%, and other significant drops were noted across the board. Keep Reading »
Top 3 Metaverse Crypto to Look Out for in June 2022: ONT, APE, MANA
ONT is the cryptocurrency of Ontology, a distributed ledger technology that uses consensus protocols and verifiable rules to ensure security & integrity. The price of Ontology will most likely increase in the future and is expected to be a good investment. ONT is built on the Ontology Blockchain. It is a high-speed, low-cost public chain that provides decentralized identity and data solutions to other chains in Web3. Keep Reading »
Crypto Gambling Coins to Look Out for This Week
Crypto gambling has exploded in recent years as more and more people around the world are continuing to take advantage of the many benefits that can be enjoyed when virtual currency is used. Keep Reading »
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