Polkadot-Based Acala USD Depegs 70% Following $1 Billion Hack | Curated CoinCodeCap #14 August 2022
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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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Binance Freezes $450,000 From Curve Finance Hack
On Friday, Changpeng Zhao, the founder of Binance, claimed that most of the Curve funds had been recovered. Curve earlier this week. Keep Reading »
Polkadot-Based Acala USD Depegs 70% Following $1 Billion Hack
DeFi protocols are now increasingly subjected to hacks and scams. Polkadot’s leading DeFi protocol, Acala, is now the latest victim of it. Acala, which hosts the aUSD ecosystem, took to Twitter to confirm that the network has faced an exploit adding that operations have been halted following the rise of “configuration issues” on the network.Keep Reading »
CFTC Charges Ohio Man for Running $12 Mn Bitcoin Ponzi Scheme
The Commodity and Futures Trading Commission(CTFC) has filed a civil enforcement action against Rathnakishore Giri of Ohio, allegedly running a $12 million Bitcoin Ponzi scheme. As per CFTC’s press statement, Giri and his Ohio-based companies NBD Eidetic Capital, LLC and SR Private Equity, LL solicited more than $12 million and at least 10 bitcoins from over 150 customers using fraudulent means. Keep Reading »
Spot Crypto Trading Volume hits a 19-month Low
Cryptocurrencies haven’t had an impressive run in recent months. Digital assets, especially crypto, have lost $2 trillion in value since the height of a massive rally in 2021. The unexpected Terra/LUNA crash only exacerbated the weakening position of crypto in the digital asset world. Keep Reading »
The Philippines Will No More Accept Crypto License Applications For 3 Years
The Philippine central bank is putting a three-year hold on new virtual asset service provider (VASP) licenses to strike a balance between the potential risks associated with digital assets and the rapidly expanding crypto industry. Keep Reading »
NFT Market Update | CoinCodeCap's Weekly
We should keep in mind that we are still in the bearish phase of the market. However, it must be taken into account that it’s not just the NFT market that has crashed, other markets including crypto and stocks have also shown the same behavior. This is due to various reasons including the global financial crisis. Keep Reading »
Market Updates
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 »
YFI Price Analysis August 2022
YFI is a token of the platform Yearn Finance. Its current price is around $11,459.81 by the time of writing, with a low of $4,069.14, and its market cap is 491 million dollars. Keep Reading »
NEXO Price Analysis August 2022
NEXO is a token of the platform Nexo. Its current price is around $0.7719 by the time of writing, with a low of $0.5513, and its market cap is 432 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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