Polkadot Chief Gavin Wood Announces Blockchain Governance Upgrade | Curated CoinCodeCap #29 June 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.
Polkadot Chief Gavin Wood Announces Blockchain Governance Upgrade
With the recent market crash and insolvency rumors of big crypto firms making rounds in the market, regulators are constantly monitoring the market. Alongside, crypto firms are also working on bringing infrastructural changes to survive in the market. Keep Reading »
Three Arrows Capital reportedly Liquidated by BVI Court
Recently, rumors of insolvency of one of the largest cryptocurrency loan companies, Celsius, were making rounds in the market. The recent market crash after the fall of Luna has taken a toll on the market. Amidst this, the news of Three Arrows Capital getting insolvent has hit the market. Users have been speculating about this incident. Keep Reading »
SBF Warns Several Crypto Exchanges Are “Secretly Insolvent”
The founder of the cryptocurrency trading platform FTX, Sam Bankman-Fried, has warned that additional crypto exchange failures “are coming” and said that “some third-tier exchanges are already secretly insolvent.” The current bear market, as well as the fallout from Terra LUNA and UST last month, have severely impacted the cryptocurrency economy. Undoubtedly, Terra’s failure set off a substantial cascade effect that caused massive losses for a number of exposed businesses. Keep Reading »
MicroStrategy Acquires $10M worth of Bitcoin at $20.8K
Michael Saylor, Founder, and CEO of MicroStrategy, took to Twitter to announce the acquisition of another 480 Bitcoins by the company. Bitcoins were purchased at around $10 million – an average price of $20,817 per coin, during the period between May 3 to June 28. Keep Reading »
CoinFLEX CEO claims Roger Ver owes them $47 Million USDC
CoinFLEX CEO Mark Lamb took to Twitter to claim that the crypto investor Roger Ver owes the exchange $47 million in USDC. Roger Ver touted as ‘Bitcoin Jesus’ has, however, rubbished the allegations. Keep Reading »
HEGE Rug Pulled, Around $429K Stolen
According to the information provided by Certik Team, Tokens were minted by calling the gameMint()
function and then sent to a wallet which sold for ~$429K USD. Keep Reading »
Bitcoin Mining Firm Mawson to Suspend all MaCapital Expenditures
On Tuesday, Leading Bitcoin (BTC) mining company Mawson Infrastructure Group announced the suspension of major capital expenditures until market conditions normalize. According to the official announcement, Mawson received its final shipment of Canann A1246 ASIC Bitcoin Miners this month and has no outstanding payments due for Bitcoin mining rigs. Keep Reading »
ACC Rug Pulled, Around $120K Stolen
According to the information provided by Certik Team, the project’s team has dumped the tokens in a series of 7 transactions. Here is the link to the two accounts that have dumped the tokens: Keep Reading »
ADAF Rug Pulled, $156K Around Stolen
According to the information provided by Certik Team, this is done by contract deployer. The first rugpull transaction comes from address Keep Reading »
XCarnival Hacked, Around $3.8M Stolen, $1.8M Returned by the Hacker
This hack was made possible by allowing a withdrawn pledged NFT to be still used as the collateral, which the Hacker then exploits to drain assets from the pool. Keep Reading »
Russian Lawmakers Approve Tax Breaks for Cryptocurrency Issuers
The Russian parliament on Tuesday authorised a draft legislation that would preclude companies that issue cryptocurrencies and other digital assets from value-added tax (VAT). The central bank of Russia has long cited worries about financial stability as justification for its wariness of cryptocurrencies and other digital assets. Keep Reading »
Many Indian web 3.0 entrepreneurs and developers are relocating to friendlier regions
The global cryptocurrency market is still experiencing pressure. Major cryptocurrencies’ price corrections are continuing unabated. Many Indian entrepreneurs and developers working in the Internet 3.0 space are relocating abroad in an effort to establish bases in nations that are more crypto-friendly. Nischal Shetty and Siddharth Menon, the co-founders of WazirX, the biggest cryptocurrency exchange in India, have relocated to Dubai with their families. Keep Reading »
CoinCodeCap’s Weekly Issue #11
A decentralized exchange platform dYdX has recently announced that it will be migrating from Ethereum and will launch its blockchain named Cosmos SDK. The team has announced that an upgrade known as V4 will soon be announced. The blockchain will be built on the Tendermint Proof-of-Stake consensus protocol. Keep Reading »
Market Updates
ETC Price Analysis June 2022
ETC is a coin of the platform Ethereum Classic. Its current price is around $15.81 by the time of writing, with a low of $12.60, and its market cap is 2.1 billion dollars. Keep Reading »
ATOM Price Analysis June 2022
ATOM is a coin of platform Cosmos. Its current price is around $7.54 by the time of writing, with a low of $5.59 and a market cap of 2.1 billion dollars. Keep Reading »
ALGO Price Analysis June 2022
ALGO is a coin of the platform Algorand. Its current price is around $0.3332 by the time of writing, with a low of $0.2765, and its market cap is 2.2 billion dollars. Keep Reading »
XMR Price Analysis June 2022
XMR is a coin of the platform Monero. Its current price is around $123.13 by the time of writing, with a low of $97.23, and has a market cap of 2.2 billion 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 »
Join Our Telegram Channel for on-demand Technical analyses
Clicking and Signing-up on platforms using our links on blog posts might help us earn as affiliates and keep our hopes high on providing you with the best information on the internet.
Follow us on Social Media:
Medium | YouTube | Twitter | Instagram | Reddit | Facebook | LinkedIn