With cryptocurrency prices going up and down, the current crypto market lends itself to making money with volatility. However, traders frequently lose money because they misread the trend and direction, trade emotionally, or do not employ stop-loss and take-profit effectively. Fortunately, Be...
El Salvador bought 80 additional bitcoins earlier today at a price of $19,000 each, according to a tweet from the Central American country's president Nayib Bukele. "Bitcoin is the future!" Bukele tweeted. "Thank you for selling cheap," he added, followed by a winking emoji. The president also share...
A developer of a “rug pulled” NFT collection could face up to 40 years in prison if convicted on new wire fraud and money laundering charges after the project collected more than $2 million from investors and subsequently disappeared last year.  The U.S. Department of Justice charged 26-year-old Le ...
A new Ethereum token standard proposal allowing rentable non-fungible tokens (NFTs) reached its final stages earlier this week.  The new rentable token type, dubbed ERC-4907, allows an NFT owner to permit another individual to use their NFT for a designated period of time. After that time ends, the ...
The European Union has finalized its massive Markets in Crypto Assets regulation.  Stefan Berger, MiCA's rapporteur in European Parliament,  tweeted the news on June 30. The bill had been in trilogue debates, bringing the European Parliament, Council and Commission together to hash out a final compr...
Abra, a crypto trading and lending platform, slashed a dozen jobs this week, two sources familiar with the matter told The Block. When contacted, Abra CEO Bill Barhydt confirmed the layoffs to The Block, saying that the firm has cut 12 jobs "purely as a cost-saving measure." That translates to aroun...
The Securities and Exchange Commission (SEC) rejected yet another application for a bitcoin spot-based exchange-traded fund (ETF) on Wednesday. Shares in Grayscale Bitcoin Trust (GBTC) were trading at $12.16 today at the time of writing, down about 9% since the decision by the SEC. Grayscale’s bid ...
The FBI added OneCoin founder Ruja Ignatova to its Ten Most Wanted Fugitives list at a press conference on Thursday at 11am. According to a statement from the US Attorney for the South District of New York, Ignatova "allegedly defraud[ed] investors of more than $4 billion through the OneCoin cryptoc...
Kyve Network, a decentralized data storage solution, has raised $9 million in a round led by Distributed Global, according to a news release. Kyve was valued at $100 million after the raise.  Wicklow Capita, IOSG Ventures, Blockchain Coinvestors, Anagram, Cerulean Ventures, Huobi Incubator and MEXC ...
The Ethereum core developers successfully launched the Gray Glacier hard fork today, a network upgrade that implemented the Ethereum Improvement Proposal (EIP) 5133 at block height 15,050,000. The Gray Glacier hard fork required that client software providers on the execution layer — like Nethermind...

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