Dogecoin has been added to FTX Japan boosting the Memecoin’s recognition | Curated CoinCodeCap #7 July 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:
Our Blockshots Podcast 🎙️🎤
This week we sit with Jon Wu and Joe Andrews from the Aztec team, to discuss Ethereum scaling problems, the case for privacy on blockchain and how Aztec network enables private access to dApps on Ethereum.
Tron DAO Reports over $2.2B in Reserves, Collateral Rate at 313%
TronDAO, a Decentralized Autonomous Organization (DAO), has reported over $2.2 billion in reserves. A reserve comprises of cryptocurrencies and other stablecoins amassed to overcollateralize USDD and was guaranteed to be maintained at a minimum of 130% of the total amount of USDD in issuance. The TRON DAO Reserve currently holds $2.2 billion in collateral across TRX, BTC, USDT, and USDC for 990 Million USDD Keep Reading »
Solana Ecosystem Executives accused of Profiteering from Illegal Sale of SOL Securities
Leading Crypto Firm Solana Labs is facing scathing criticism from all sides now. Thanks to the class action suit filed in California last week accusing major players in the Solana ecosystem of illegally profiting from SOL. SOL, the blockchain’s native token, in the suit is described as a highly centralized cryptocurrency that has benefited its insiders more than the retail traders. Keep Reading »
Alameda Research of Bankman-Fried is 2nd largest Borrower from Voyager at $377M after 3AC
On 1st July, Crypto lending platform Voyager Digital suspended withdrawals, trading and deposits citing difficult market conditions. Few days after the lender filed for Chapter 11 bankruptcy in New York. Voyager’s descent into insolvency was mainly owing to several high-notch firms failing to repay its loans. Keep Reading »
Binance Celebrates 5th Anniversary with Zero Bitcoin Trading Fees
The cryptocurrency exchange Binance is a familiar name in the crypto space and is among one of the leading exchanges in terms of trading volume. Since the recent market crash, the firm has been incorporating new changes and planning new ventures. Keep Reading »
Graff Diamonds Paid $7.5 million in Bitcoin to a Hacker
A Russian hacker group demanded $7.5 million in Bitcoin from Graff Diamonds Corp, a worldwide jewelry firm with offices in London, after receiving threats over the exposure of client data. Graff Diamonds Corp. is a diamond business that specializes in rough diamond cutting and polishing as well as the creation, production, and retail sale of fine jewelry and timepieces. Keep Reading »
Sepolia on Ethereum’s testnet successfully switches to PoS
One of Ethereum’s open testnets, Sepolia, underwent the merge on Wednesday. With this, Ethereum developers have moved one step closer to this year’s planned unification with the main network. To activate, 32 Ethereum tokens are required per validator. Ethereum was trading at $598.35 on December 1st, 2020. Since then, Ethereum has had a tremendous uptrend as the market became bullish, leading to new record highs of $4,812 earlier last year. Keep Reading »
CoinCodeCap’s Weekly Issue #12
Amidst the chaos, Coinbase declares that it will be unifying the USD and USDC order books, raising suspicion that the company might be running out of USD. It has been cited that this step has been taken to provide a seamless trading experience and deeper liquidity for both USD and USDC. However, we are anticipating that Coinbase is doing so to create a slippage in the market. There is a possibility that the order rate for USD is on rising and the firm does not have enough holdings. Keep Reading »
Market Updates
EGLD Price Analysis July 2022
EGLD is a coin of platform Elrond. Its current price is around $53.4 by the time of writing, with a low of $38, and has a market cap of 1.2 billion dollars. Keep Reading »
AXS Price Analysis July 2022
AXS is a token of the platform Axie Infinity. Its current price is around $14.73 by the time of writing, with a low of $10.48, and has a market cap of 1.2 billion dollars. Keep Reading »
FIL Price Prediction July 2022
FIL is a native coin of the platform Filecoin. Its current price is around $5.47 by the time of writing, with a low of $4.82, and has a market cap of 1.2 billion dollars. Keep Reading »
ICP Price Analysis July 2022
ICP is a native coin of the platform Dfinity. The platform is a not for profit organization dedicated to building the Internet Computer Blockchain. Its current price is around $5.51 by the time of writing, with a low of $4.67, and has a market cap of 1.6 billion dollars. DFINITY Foundation is a not-for-profit organization developing technology for the Internet Computer blockchain to support it. 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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