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Cryptocurrency News

Location American Cryptocurrency News for 30 August 2022
Goldman Sachs Urges Investors to Buy Commodities Now -- Expects Equities to Suffer as Inflation Stays Elevated Global investment bank Goldman Sachs has urged investors to buy commodities now and worry about a recession later. The firm’s analysts see commodities as “the best asset class to own during a late-cycle phase where d...
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Hubble Protocol Launches Kamino Finance to Optimize Yields for Liquidity Providers on Solana PRESS RELEASE. LONDON | August 30, 2022 – Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the first concentrated liquidity market maker (CLMM) optimizer of its kind on the Solana blockchain. ...
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Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Markets Rebound Bitcoin was back above $20,000 on Tuesday, as bulls seemingly moved in to buy following the recent dip in price. The token dropped to a multi-week low over the weekend, however prices have now risen in back-to-back sessi...
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AVAX Soars After Avalanche Founder Denies 'Gangster Style' Litigation Claims The price of Avalanche's native token AVAX soared in the market today, after Emin Gün Sirer, Founder of Avalanche developer Ava Labs, called claims that he has used litigation to fool regulators and harm competitors "ca...
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78% of Americans Seek Diversification With Crypto, 46% Satisfied With Such Investments - Survey Among the Americans who have invested in crypto, as many as 78% view it as a way to diversify their investments, and a combined 46% say their allocations to crypto have brought about the same performance as they expected...
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Singapore Considers Stricter Rules for Retail Crypto Investors -- Regulator Says Cryptocurrencies Are 'Highly Hazardous' Singapore’s central bank, the Monetary Authority of Singapore (MAS), is contemplating imposing stricter rules on retail crypto investors. “MAS regards cryptocurrencies as unsuitable for use as money and as highly haz...
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UBS raises US recession odds to 60%, but what does this mean for crypto prices? Analysts believe the possibility of a recession in the US is increasing and this could be an important stress test for cryptocurrencies.
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Fugitive Founder of Turkish Crypto Exchange Thodex Arrested in Albania Albanian authorities have detained the founder and chief executive of the Turkish cryptocurrency exchange Thodex, who allegedly fled Turkey with customer funds as the trading platform collapsed. Faruk Fatih Ozer was want...
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3 reasons why Ethereum PoW hard fork tokens won't gain traction A lack of oracle support, the majority of DApps being supportive of the Merge and Ethereum Classic's minimal developer activity suggests that PoW hard forks will fizzle.
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Publicly-Listed Bitcoin Miner Cleanspark's Hashrate Exceeds 3 Exahash, Firm Records Daily Production High of 13.25 BTC Bitcoin miner Cleanspark says it experienced accelerated growth amid the crypto winter this year and the operation’s hashrate has surpassed 3 exahash per second (EH/s), tripling in less than twelve months’ time. The ...
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Bitcoin could become a zero-emission network: Report

Coin Telegraph - 30 Aug 2022 20:30
Bitcoin could become a zero-emission network: Report Bitcoin mining with flared gas and animal waste gases could help the world's largest cryptocurrency on a path to becoming zero-emission money.
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Meta Reveals Cross-Posting NFT Compatibility Between Facebook and Instagram Meta, the corporate entity behind the social media platforms Instagram and Facebook, has revealed that non-fungible token (NFT) support now offers cross-posting compatibility between the two major social media platforms....
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Crypto Exchange CEO Arrested, Ethereum Scaling, Nexo's Buyback Initiative + 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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Bitcoin Slides Below USD 20K Again, Ethereum Erases Daily Gains as Crypto Market Turns Red The most popular cryptocurrency, bitcoin (BTC), failed to continue higher today and moved below the USD 20,000 level again. The second most popular cryptoasset, ethereum (ETH), also dropped, erasing all its daily gains. ...
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Bitcoin erases latest gains with BTC price back below $20K as dollar spikes Bitcoin drops with U.S. stocks as the dollar finds momentum for an attack on earlier twenty-year highs.
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Crypto.com Mistakenly Wired Its Australian User USD 10.5M An apparent error on the side of major crypto platform Crypto.com has turned an attempt to process a USD 100 refund into a hefty USD 10.5m wire transfer into a bank account owned by a resident of Melbourne, Australia.......
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Whale Spends 10,000 BTC Worth $203M, Bitcoins Stem From the Infamous 2011 Mt Gox Hack In two days’ time, bitcoin’s price dropped to fresh August lows as it dipped below the $20K per unit region for the first time since mid-July. During that time, two addresses created on December 19, 2013 sent 10,000 ...
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Flare Network and Lena Instruments launch new crowdfunding mechanism The mechanism allows investors to allocate a portion of the rewards they earned into funding startups.
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Russian PM takes cue from Iran's crypto payment permit for imports The adoption of digital assets provides a good opportunity to ensure uninterrupted payments for imports and exports, Russia's prime minister said.
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This Is What FBI Recommends to DeFi Investors

Crypto News - 30 Aug 2022 14:54
This Is What FBI Recommends to DeFi Investors With cybercrime increasingly hurting the DeFi sector, the US Federal Bureau of Investigation (FBI) is taking steps to warn investors and platforms about these risks, and is also recommending a set of precautions that cou...
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Bitcoin and Ethereum Inch Higher, ATOM and LDO Accelerate After clearing the USD 20,000 resistance zone, BTC is currently (11:36 UTC) trading near USD 20,470 and it might attempt a clear move above the USD 20,500 zone. If the bulls remain in action, the price might also test th...
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More Than a Third of Africa's 53 Million Crypto Owners Are From Nigeria, Study Shows With an estimated 53 million cryptocurrency owners, the African continent now accounts for 16.5% of the global total, a study has found. The study findings suggest that Nigeria, which has more than 22 million crypto owne...
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