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Cryptocurrency News

Location American Cryptocurrency News for 22 August 2022
Hackers exploit zero day bug to steal from General Bytes Bitcoin ATMs The hack meant that all crypto going into the Bitcoin ATM would instead be siphoned off by the hackers.
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USDC whale holdings percentage lowest in almost two years USDC tokens held by the largest addresses have dropped to a two-year low as Circle freezes Tornado Cash-related assets.
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Stablecoin issuers hold more US debt than Berkshire Hathaway: Report Tether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more than owned by Warren Buffett's Berkshire Hathaway.
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Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders' negative sentiment.
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NFT lending protocol Bend DAO proposes emergency changes amid credit crisis "We are sorry that we underestimated how illiquid NFTs could be in a bear market when setting the initial parameters," says the Bend DAO dev team.
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Two-thirds of Surveyed South Koreans Say Cryptoassets Aren't Securities Over six in 10 South Koreans do not think cryptoassets are securities, a new opinion poll has found - although lawmakers may instead prefer to follow Washington's lead in determining which coins to class as securities. T...
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Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is "evolving toward a positive long term."
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Morgan Stanley Analyst Says Crypto Economy's Liquidity Improved, but There's 'No Huge Demand to Re-Leverage' An analyst at the New York-based financial services and investment management company Morgan Stanley detailed on Monday that crypto liquidity seems to be recovering. Morgan Stanley’s Sheena Shah highlighted in a note t...
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Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rally The price action in Bitcoin, altcoins and stocks reflects investors' anxiety over the Fed's rate hike plans, a weakening bear market rally and this week's Jackson Hole economic symposium.
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EUR Drops Below USD for the Second Time in 20 Years, Greenback's Strength Leads to Largest Weekly Rise Since March 2020 The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro dropped below the USD for the second time in 20 years after meeting parity with the dollar in mid-July. The d...
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Asia's Largest Web3 Event TOKEN2049 Hits 200 Sponsor Milestone, Announces New Headline Speakers SINGAPORE — 8 July 2022 — TOKEN2049, Asia’s premier crypto conference, has announced a new batch of title sponsors and speakers for its upcoming Singapore edition which will be running from 28 to 29 September. This...
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Vitalik Buterin Says Ethereum Will be '55% Complete' Post-Merge, Hodlnaut Reveals Massive Shortfall, AMC Shares Tumble 40% + 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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Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin A total of 3.022 billion aUSD were previously minted via a liquidity bridge glitch.
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Biggest Movers: EOS Higher Despite Crypto Sell-off, FLOW Extends Declines Monday saw eos remain in the green, despite the latest red wave in cryptocurrency markets. Today’s rally sees the token move almost 20% higher in the last seven days. Flow, on the other hand, extended its recent declin...
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Summer doldrums? Crypto volumes are down 55%, according to CoinShares Bitcoin investment products, which include ETFs, ETPs and Grayscale's GBTC, saw a third consecutive week of outflows.
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Crypto Listing and Delisting Announcements: Week 34

Crypto News - 22 Aug 2022 17:00
Crypto Listing and Delisting Announcements: Week 34 Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new ...
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Hodlnaut Court Filings Highlight a $193 Million Shortfall, Whistleblower Condemns Crypto Lender's Contradictory Statements The troubled crypto lender Hodlnaut shared another update after the company froze withdrawals on August 8, and then revealed the company is seeking judicial management in order to rehabilitate the startup. The latest upd...
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Bitcoin Miners in Q2 Sold 660% of What they Sold in Q1 - Report The second quarter of 2022 was a difficult one for public bitcoin (BTC) miners, as 18 of them sold BTC 21,342, according to a recent report released by crypto consultancy BlocksBridge Consulting. Per the report, this was...
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Bitcoin, Ethereum Technical Analysis: ETH Below $1,600, BTC Under $21,000 to Start the Week Ethereum extended recent declines to start the week, as the token briefly fell below a key support point in today’s session. Monday’s sell-off saw the majority of the cryptocurrency top 100 in the red, with the globa...
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Bitcoin and Ethereum Target Fresh Lows, Altcoins Decline Bitcoin price attempted an upside correction above the USD 21,500 level. However, BTC failed to continue higher above USD 21,750. It is currently (11:20 UTC) declining and remains at a risk of a move below USD 21,000. Si...
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Mark Zuckerberg to Overhaul Meta's Metaverse App Horizon Worlds After Criticism of Its Simple Graphics Meta CEO Mark Zuckerberg has decided to overhaul the company’s flagship metaverse app Horizon Worlds after it received heavy criticism due to its graphic simplicity. The backlash was received as a consequence of one of...
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DeFi Platforms See Broad Weekly TVL Decline, One Protocol Stands Out Major decentralized finance (DeFi) platforms have seen a broad decline in the total value locked (TVL) over the past week, with only one top 10 protocol seeing growth. The fall in TVL came as prices of popular smart cont...
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