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BTC, ETH Log Minor Price Slips Globally, Crypto Rates See Notable Decline in India After WazirX Breach
The overall crypto market cap slipped by 0.63 percent in the last 24 hours. Both Bitcoin and Ether recorded losses on national and international exchanges. Indian exchanges showed notable price declines next to most cryptocurrencies following the hack of one of WazirX’s multi-signature wallets on Friday, July 19.
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Pepe Coin Frenzy Turns to Fear After Anonymous Developers Make Changes to Wallet, Transfer Tokens: Report
The Pepe Coin frenzy is now turning into fear fest after its anonymous developer team moved $15 million (roughly Rs. 123 crore) worth of tokens into centralised exchanges. The team also suspiciously reduced the number of signatures required to process PEPE transactions from five to two, leading to concerns among the PEPE community.
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Shiba Inu’s Metaverse, DeFi-Focussed Shibarium Blockchain Goes Live, Sees Snags: Everything to Know
The Shiba Inu team has launched its Shibarium blockchain hoping to onboard promising Web3 projects onto its ecosystem. The aim is to push more SHIB tokens into circulation while separating the cryptocurrency from the ‘meme coin’ image. The Shiba Inu team is focussed on getting more DeFi and Metaverse players to be part of its ecosystem.
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New York Woman Discovers Husband Hid $500,000 In Bitcoin During Divorce Proceedings
Divorce attorneys said it is becoming common for people to hide crypto from their partners.
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USDC Issuer Circle Adds Support for Apple Pay to Bridge Crypto, Traditional Payment Gap
Circle, the creator of USD Coin has added the support for Apple Pay. The aim of this integration is to bridge the gap between traditional and crypto payment systems. NFT marketplaces, crypto gaming, exchanges, wallets, and cross-border remittance providers, with this Circle-Apple Pay link, can help their businesses grow.
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Robinhood, Circle to Allow Customers to Trade Second-Largest Stablecoin USD Coin: All Details
Robinhood said on Wednesday that it would provide customers on the platform the option to trade USD Coin (or USDC) as part of a partnership with crypto firm Circle. Customers will also be able to withdraw the second-largest stablecoin on both Ethereum and Polygon through the Robinhood Wallet, which was launched in beta to 10,000 iOS users on the wa...
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Premint Hack Victims to Be Reimbursed With Over $525,000 in Ether Coins
The Premint NFT registration platform will be paying back its defrauded users a total of over $525,000 (roughly Rs. 4.20 crore) in 340 Ether coins. The platform will be depositing ETH coins equivalent to the collection floor price of every stolen NFT, into the 28 crypto wallets that were drained in the hack.
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Luxury E-Tailer Farfetch Set to Enter Crypto Space, To Accept Payments in BTC, ETH
In a bid to show its support to the budding crypto sector, Farfetch has decided to open crypto payments in seven assets. These include Bitcoin, Ether, and Binance Coin among others. Farfetch is a luxury fashion marketplace, with several high-end boutiques and brands listed under its umbrella. The company has partnered Lunu crypto platform to facil...
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Not Your Keys, Not Your Coins
Recently, Coinbase crypto exchange, said in an SEC filing that in the event of a company bankruptcy, people holding crypto assets on its platform could lose direct claims to their ownings. Here we explore the types of crypto wallets that are available as alternatives to storing your crypto assets with centralised exchanges.
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Hackers Loot Nearly $600,000 From Li Finance Blockchain Protocol Users; Polygon, USD Coin Among Stolen Assets
Hackers churned out nearly $600,000 (roughly Rs. 4.5 crore) from 29 wallets supported by the Li Finance (LiFi) blockchain protocol. The affected wallets are being reimbursed. Polygon, Tether, and USD Coin were among the stolen altcoins. The incident adds to the elongating list of hackers targeting the crypto sector for thefts.
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Ukraine Raises Cryptocurrency Worth $8 Million in Crowdfunding Appeal Amid Russia Invasion
Ukraine has raised almost $8 million (roughly Rs. 60 crore) in cryptocurrencies after posting appeals on social media for donations of Bitcoin and other digital tokens, according to blockchain analysis company Elliptic.
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YouTube Channels of Crypto Influencers, Indian Exchanges Hijacked to Scam Innocent Investors
Several YouTube accounts of pro-crypto influencers and Indian exchanges were breached by cyber criminals on January 24. They displayed a video message on compromised handles asking people to wire them crypto assets on a wallet address they showed. Details about the hackers and victims remains unknown.
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PayPal Confirms It's Working on Its Own Stablecoin After Developer Finds Code in iOS App: Report
PayPal has reportedly confirmed that it’s looking at developing and launching a stablecoin after a developer discovered references to something called “PayPal Coin” within the company’s iOS app.
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Miami’s Pro-Crypto Mayor to Distribute Profits From Bitcoin-Based MiamiCoin Among Residents
The mayor of Miami plans to share the profits churned by staking MiamiCoins with residents of the beach-town in the form of Bitcoin dividends, as a passive income and savings pool. The residents might soon get free wallets as well free crypto coins.
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New York to Get Its Own Token Similar to Miami Coin, Says Mayor Eric Adams
New York's mayor-elect Eric Adams recently said he wants the city to have its own CityCoin, which is a cryptocurrency project that allows people to invest in a city by buying tokens.
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BTC, ETH Log Minor Price Slips Globally, Crypto Rates See Notable Decline in India After WazirX Breach
The overall crypto market cap slipped by 0.63 percent in the last 24 hours. Both Bitcoin and Ether recorded losses on national and international exchanges. Indian exchanges showed notable price declines next to most cryptocurrencies following the hack of one of WazirX’s multi-signature wallets on Friday, July 19.
-
Pepe Coin Frenzy Turns to Fear After Anonymous Developers Make Changes to Wallet, Transfer Tokens: Report
The Pepe Coin frenzy is now turning into fear fest after its anonymous developer team moved $15 million (roughly Rs. 123 crore) worth of tokens into centralised exchanges. The team also suspiciously reduced the number of signatures required to process PEPE transactions from five to two, leading to concerns among the PEPE community.
-
Shiba Inu’s Metaverse, DeFi-Focussed Shibarium Blockchain Goes Live, Sees Snags: Everything to Know
The Shiba Inu team has launched its Shibarium blockchain hoping to onboard promising Web3 projects onto its ecosystem. The aim is to push more SHIB tokens into circulation while separating the cryptocurrency from the ‘meme coin’ image. The Shiba Inu team is focussed on getting more DeFi and Metaverse players to be part of its ecosystem.
-
New York Woman Discovers Husband Hid $500,000 In Bitcoin During Divorce Proceedings
Divorce attorneys said it is becoming common for people to hide crypto from their partners.
-
USDC Issuer Circle Adds Support for Apple Pay to Bridge Crypto, Traditional Payment Gap
Circle, the creator of USD Coin has added the support for Apple Pay. The aim of this integration is to bridge the gap between traditional and crypto payment systems. NFT marketplaces, crypto gaming, exchanges, wallets, and cross-border remittance providers, with this Circle-Apple Pay link, can help their businesses grow.
-
Robinhood, Circle to Allow Customers to Trade Second-Largest Stablecoin USD Coin: All Details
Robinhood said on Wednesday that it would provide customers on the platform the option to trade USD Coin (or USDC) as part of a partnership with crypto firm Circle. Customers will also be able to withdraw the second-largest stablecoin on both Ethereum and Polygon through the Robinhood Wallet, which was launched in beta to 10,000 iOS users on the wa...
-
Premint Hack Victims to Be Reimbursed With Over $525,000 in Ether Coins
The Premint NFT registration platform will be paying back its defrauded users a total of over $525,000 (roughly Rs. 4.20 crore) in 340 Ether coins. The platform will be depositing ETH coins equivalent to the collection floor price of every stolen NFT, into the 28 crypto wallets that were drained in the hack.
-
Luxury E-Tailer Farfetch Set to Enter Crypto Space, To Accept Payments in BTC, ETH
In a bid to show its support to the budding crypto sector, Farfetch has decided to open crypto payments in seven assets. These include Bitcoin, Ether, and Binance Coin among others. Farfetch is a luxury fashion marketplace, with several high-end boutiques and brands listed under its umbrella. The company has partnered Lunu crypto platform to facil...
-
Not Your Keys, Not Your Coins
Recently, Coinbase crypto exchange, said in an SEC filing that in the event of a company bankruptcy, people holding crypto assets on its platform could lose direct claims to their ownings. Here we explore the types of crypto wallets that are available as alternatives to storing your crypto assets with centralised exchanges.
-
Hackers Loot Nearly $600,000 From Li Finance Blockchain Protocol Users; Polygon, USD Coin Among Stolen Assets
Hackers churned out nearly $600,000 (roughly Rs. 4.5 crore) from 29 wallets supported by the Li Finance (LiFi) blockchain protocol. The affected wallets are being reimbursed. Polygon, Tether, and USD Coin were among the stolen altcoins. The incident adds to the elongating list of hackers targeting the crypto sector for thefts.
-
Ukraine Raises Cryptocurrency Worth $8 Million in Crowdfunding Appeal Amid Russia Invasion
Ukraine has raised almost $8 million (roughly Rs. 60 crore) in cryptocurrencies after posting appeals on social media for donations of Bitcoin and other digital tokens, according to blockchain analysis company Elliptic.
-
YouTube Channels of Crypto Influencers, Indian Exchanges Hijacked to Scam Innocent Investors
Several YouTube accounts of pro-crypto influencers and Indian exchanges were breached by cyber criminals on January 24. They displayed a video message on compromised handles asking people to wire them crypto assets on a wallet address they showed. Details about the hackers and victims remains unknown.
-
PayPal Confirms It's Working on Its Own Stablecoin After Developer Finds Code in iOS App: Report
PayPal has reportedly confirmed that it’s looking at developing and launching a stablecoin after a developer discovered references to something called “PayPal Coin” within the company’s iOS app.
-
Miami’s Pro-Crypto Mayor to Distribute Profits From Bitcoin-Based MiamiCoin Among Residents
The mayor of Miami plans to share the profits churned by staking MiamiCoins with residents of the beach-town in the form of Bitcoin dividends, as a passive income and savings pool. The residents might soon get free wallets as well free crypto coins.
-
New York to Get Its Own Token Similar to Miami Coin, Says Mayor Eric Adams
New York's mayor-elect Eric Adams recently said he wants the city to have its own CityCoin, which is a cryptocurrency project that allows people to invest in a city by buying tokens.
