Helping you make wiser investment decisions

Blockchain CEO Acknowledges 400 Customer Accounts Were Hacked

After detecting the breaches, Marszalek said the firm quickly paused withdrawals, fixed the issue and was “back online in about 13 to 14 hours.” He added that the same day, “all of the accounts that were affected were reimbursed so there was no loss of customer funds.” Source link

The Balance Between Art and IP Theft in NFT Culture

The most popular show in Netflix history, “Squid Game,” earned an estimated $900 million for the streaming company. And the producers are not stopping there. They are gearing up for even more revenue as they look towards season two and have secured more than two dozen trademarks for the property as they tee up a […]

MLB NFTs on Candy Clock $2.7M in Marketplace Debut

Candy Digital, which started selling Major League Baseball (MLB) NFTs in the fall, finally launched its trading venue on Jan. 15. And the appetite for sales was fairly robust. The Galaxy Digital-backed non-fungible token marketplace, which announced its partnership with the MLB in June, posted $2.7 million in weekend sales, passing $1 million in trade […]

Bitcoin Stabilizes; Analysts See Relative Value in Altcoins

“Despite major developments in the bitcoin market, the current market narratives continue to lean towards emerging developments outside Ethereum and Bitcoin, namely Ethereum competitors, scaling solutions and OpenSea alternatives,” 21Shares, a crypto investment firm, wrote in a report. Source link

Bitcoin mantiene su soporte por encima de $40K y enfrenta una resistencia de $43K-$45K

Sin embargo, el alza parece estar acotada hacia la zona de resistencia de entre $43.000 y $45.000. Por otra parte, una cotización de $48.000 podría suponer otro obstáculo para los compradores, dada la serie de máximos de precios más bajos desde noviembre. Source link

A $4.2T Asset Manager Just Said Governments Will Buy Bitcoin

This episode is sponsored by Nexo, Abra and FTX US. Download this episode On today’s episode, NLW looks at the latest from governments and crypto, including: India’s prime minister calling for global cooperation to “fight” crypto Pakistan’s security agency blocking crypto sites The U.K., Singapore and Spain introducing new rules around crypto advertising See also: […]

FDIC-Backed Banks Send Stablecoins in USDF First

NBH Bank and New York Community Bank have conducted the first USDF transaction over the Provenance Blockchain. NBH Bank minted the newly-introduced stablecoin and sent it to a customer of New York Community Bank as part of a test run. USDF is a stablecoin offered by the USDF Consortium, a group of FDIC-backed banks which […]

Bitcoin Holding Support Above $40K; Faces Resistance at $43K-$45K

Bitcoin (BTC) continues to hold support above $40,000 as momentum improves on intraday charts. The cryptocurrency is down about 4% over the past week, although multiple oversold readings suggest buyers could remain active into the Asia trading day. As of press time Wednesday, bitcoin was changing hands at $41,822. Still, upside appears to be limited […]

Privacy-Focused Blockchain Secret Network Announces $400M in Funding

“DeFiance is excited to support Secret Network, the only privacy-by-default smart contract blockchain that enables groundbreaking technologies like front-run resistant DEXes, Secret NFTs and more,” Arthur Cheong, founding partner at DeFiance Capital, said in the post. Source link

Meta Leans In to Tracking Your Emotions in the Metaverse

“These patent applications indicate that Meta has not learned its lesson, having been accused previously of storing users’ biometric data without permission,” Emma Taylor, a technology analyst at GlobalData, said in a statement, responding to the report. “It is likely that the same issues surrounding data privacy from existing social media platforms will be extended, […]

Intel, Block Supporting Mining a Positive for Bitcoin’s Price: Analyst

“If successful, this will dramatically increase bitcoin’s use case as a means of exchange, rather than just a store of value – this would result in significantly more adoption and hence help bitcoin reach price figures of over $100,000,” he said. Source link

Polygon to Delegate $189M Worth of MATIC to Bitfinex for Staking

Cryptocurrency exchange Bitfinex said it will receive $189 million worth of Polygon’s MATIC tokens to sponsor enhanced staking rewards for users. According to a blog post, Bitfinex will receive 90 million MATIC for the new staking program. Polygon is a “layer 2” scaling tool for the Ethereum blockchain, designed to speed up and reduce the […]