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Cryptocurrency News

Location American Cryptocurrency News for 6 July 2022
DeFi is 'Designed to Avoid This Bullshit,' Compound Founder Says About Crypto Bailouts Decentralized finance (DeFi) protocols "don't need to get bailed out," and were "designed specifically to avoid this bullshit," the founder of DeFi protocol Compound (COMP), Robert Leshner, has said. Discussing the troub...
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Sentient AI Does Not Equal Intelligent AI - Tau Uses Logic to Make Machines Truly Understand People You’ve probably heard about Google’s LaMDA and the viral discussion about whether an AI can become sentient. The team at Tau argues that maybe, sentience of an AI is only a small part of its intelligence. Rather, the...
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Bitcoin, Ethereum Technical Analysis: BTC Hovers Slightly Above $20,000, as Crypto Volatility Continues BTC was trading higher on hump day, as bullish momentum picked up as the week progressed. Prices once again tested a key resistance level above $20,000, with ETH also hovering around a ceiling of its own during Wednesday...
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Crypto tax deters 83% Indian investors from crypto trading: WazirX report With two consecutive taxes ready to eat away at their holdings, most Indian investors have seemed to have opted for hibernation amid an unforgiving bear market.
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PennyWise crypto-stealing malware spreads through YouTube The malware targets Zcash and Ethereum wallets alongside Electrum, Atomic Wallet and Coinomi, it takes your browser extension and login data and reads your chat logs.
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Leaked Personal Data of 1 Billion Chinese Citizens on Sale for 10 Bitcoins -- Hacker Claims Stolen From Shanghai Police A hacker claims to have stolen the personal data of a billion Chinese citizens from the Shanghai National Police (SHGA) and is selling it for 10 bitcoins. “This database contains many TB of data and information on bill...
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Cumberland Says Financially Burdened Crypto Firms Are 'Hanging Over the Market Like a Cloud' Following the over-the-counter (OTC) firm’s Twitter th
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Bull or Build, There is No Bear

Crypto News - 6 Jul 2022 22:00
Bull or Build, There is No Bear Chandler De Kock is Growth Strategist at UMA, an optimistic oracle built for Web3. __________ It's easy to get caught up in the chatter and concern that erupted in recent weeks around the collapse of TerraUSD stablecoin ...
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Price analysis 7/6: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO Bitcoin and select altcoins are making an attempt at flipping key resistance levels, but negative news-flow and selling from BTC miners could continue to weigh on market sentiment.
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LBank Exchange Will List IX Token (IXT) on July 7, 2022 PRESS RELEASE. INTERNET CITY, DUBAI, Jul. 6, 2022 – LBank Exchange, a global digital asset trading platform, will list IX Token (IXT) on July 7, 2022. For all users of LBank Exchange, the IXT/USDT trading pair will be ...
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GAIMIN Launches 5 New Interoperable, Cross-Game Utility NFTxg's PRESS RELEASE. Zug, Switzerland, 6th July 2022: GAIMIN’s NFTxg solves the gamers key problem – how to build up an in-game inventory of assets able to be used across a number of different AAA games. GAIMIN has develop...
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Chinese Central Bank May Apply Smart Contract Technology to Digital Yuan The central People's Bank of China (PBoC) could be set to make use of smart contracts in its digital yuan project - an indication that blockchain technology could well end up playing a larger role than expected in the e-...
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Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private Raise The digital currency firm Etoro has revealed it is laying off 100 workers or roughly 6% of the company’s workforce. Furthermore, Etoro disclosed that the company is terminating the special purpose acquisition company (...
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Ethereum's Step Towards PoS, Bitcoin Mining Difficulty, Binance's BTC Trading Fee Move + More News Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. __________...
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Biggest Movers: SAND up by 12% on Wednesday, Hitting a 10-Day High SAND surged by as much as 12% on Wednesday, as prices moved to a ten-day high during the session. The rise comes as crypto markets were mostly in the green, with AVAX also rising over the course of the day. As of writing...
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Circle looks to reaffirm commitment to transparency as USDC market share soars "With USDC, our business model is minimizing risk, not taking and managing risk," wrote Jeremy Fox, Circle's chief technology officer.
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World's first short Bitcoin ETF sees exposure explode 300% in days Since launching last month, the ProShares Short Bitcoin Strategy ETF (BITI) has eclipsed others in inflows.
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What does a bear-market 'cleanse' actually mean?

Coin Telegraph - 6 Jul 2022 16:37
What does a bear-market 'cleanse' actually mean? The latest bear market should send a clear signal to projects: It's all about finding a problem that needs to be solved, and actually using your product to solve it.
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Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners' revenue The rally across top Bitcoin mining stocks could trap bulls as BTC price sentiment remains gloomy.
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Hardware crypto wallet sales increase as centralized exchanges scramble Hardware wallet providers are seeing increases in revenue in this bear market as crypto investors withdraw assets off centralized exchanges.
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Voyager Files for Bankruptcy Citing Contagion in Crypto Markets, Three Arrows Capital's Loan Default Crypto lender Voyager Digital has filed for Chapter 11 bankruptcy. The company explained that the “prolonged volatility and contagion in the crypto markets” and the default of crypto hedge fund Three Arrows Capital (...
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Bear market delivery! Bitcoiner rejoins DoorDash to buy more BTC A software developer from Ohio is taking on extra work at DoorDash to grow his stack of Bitcoin.
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