OFAC is Attempting to Censor Transactions From Getting into the Blockchain | Curated CoinCodeCap #22 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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Crypto Lender Hodlnaut Lays off 80% of the Working Employees
Battered Singapore-based crypto lender Hodlnaut disclosed an investigation by the Singapore police, adding that it has also laid off 40 people. The crypto lender said there are “pending proceedings” between the company and Singapore police and that the layoffs were to reduce the company’s expenditure. Keep Reading »
OFAC is Attempting to Censor Transactions From Getting into the Blockchain
A decentralized, open, free internet is currently in danger. This might sound like hyperbole, but sadly, it is not. The Ethereum community is questioning if the new sanctions targeting Tornado Cash may jeopardize the blockchain itself as Proof-of-Stake is soon arriving. Keep Reading »
Cryptocurrency Exchange FTX Grew Revenue by 1000% in 2021
Leading cryptocurrency exchange platform FTX increased its revenue by over 1,000% during 2021, from $89 million to $1020 million, according to documents accessed by CNBC. The report comes amidst the Federal Deposit Insurance Corporation (FDIC) slapping FTX with a cease-and-desist order over “false and misleading statements” that suggest its assets are FDIC-insured. 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
ATOM Price Analysis August 2022
ATOM is a token of platform Cosmos. Its current price is around $10.80 by the time of writing, with a low of $5.59 and a market cap of $3 billion. Keep Reading »
TWT Price Analysis August 2022
TWT is a token of the platform Trust Wallet. Its current price is around $1.06 by the time of writing, with a low of $0.4073, and its market cap is 443 million dollars. Keep Reading »
EOS Price Analysis August 2022
EOS is a token of the platform EOS Network. Its current price is around $1.53 by the time of writing, with a low of $0.8232, and its market cap is 1.5 billion dollars. Keep Reading »
HT Price Analysis August 2022
HT is a token of the platform Huobi. Its current price is around $4.72 by the time of writing, with a low of $4.30, and has a market cap of 723 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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