Bitcoin (BTC) broke through $42,000 on Jan. 11 as expectations of a fresh “short squeeze” mounted. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Short-term squeeze “reasonably likely” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it recovered from Monday’s dip to $39,600 — its first breach of the $40,000 mark since September. While short-term bullish prognoses were conspicuously absent…
sponsored Binance is thrilled to announce that it is an official sponsor of the 2021 TotalEnergies Africa Cup of Nations (AFCON) tournament, taking place from January 9 till February 6, 2022 in Cameroon. What To Expect This sponsorship deal will make Binance the exclusive cryptocurrency and blockchain platform for the AFCON 2021 tournament as we take our global brand and…
The FTC published an alert of a new version of a scam involving cryptocurrencies. The scam has three key components, an impersonator, a QR code and a crypto ATM where the victims will be directed to send money. According to the FTC, fraudsters pretend to be public officials, law enforcement agents or employees of local utility companies. The imposters also…
Indian financial services giant Axis Bank issued a financial contract between two domestic businesses by using a government-backed blockchain platform called Secured Logistics Document Exchange (SLDE). SLDE was developed and released on Jul. 28, 2021, by India’s Ministry of Commerce & Industry to serve as a digital document exchange platform that uses blockchain-based security protocols for data security and authentication.…
On Monday, January 10, the Argentina-based mobile wallet company Belo announced that the platform has added support for the Lightning Network by partnering with the bitcoin payment processor and infrastructure provider Opennode. The mobile application allows users to trade and transact in pesos and now users can transact with bitcoin payments going forward. Belo Partners With Opennode, Introduces Lightning Network…
Sega, a leading videogame development company, has announced its new stance when it comes to the play-to-earn model and the inclusion of NFTs in its games. In the latest management meeting of the company, which happened on December 24th, Sega CEO Haruki Satomi stated that the company may drop its current experiments in the NFT field if players take a…
Controversial comedian and commentator Joe Rogan said that he “has a lot of hope” for cryptocurrencies in a recent podcast interview. In the 1760th Jan. 8 episode of his podcast, “The Joe Rogan Experience,” Rogan discussed the future of crypto with fellow podcaster, Adam Curry. Rogan’s podcast has an estimated 11 million listeners per episode, despite Spotify’s attempts to censor…
press release PRESS RELEASE. EverRise launches their fifth decentralized application (dApp) today, EverSwap, a multi-chain decentralized exchange (DEX), with a Native Coin Swap feature powered by their cross-chain bridging dApp EverBridge. The Native Coin Swap (NCS) functionality lowers the barrier to entry for those interested in the multi-chain DeFi space by making the cross-chain experience accessible and seamless with fewer…
Sports NFT minting platform and Animoca Brands subsidiary Lympo suffered from a hot wallet security breach and lost 165.2 million LMT tokens worth $18.7 million at the time of the hack. A short Medium update from the Lympo team stated that on Jan. 10 hackers managed to gain access to Lympo’s operational hot wallet and “stole a total of approximately…
LinksDAO is a new DAO looking to finance the creation of a physical golf course and club by selling NFTs, blockchain-based deeds linked to digital or real assets. In this case, the NFTs represent the right to purchase actual memberships to the future country club. The floor price of the LinksDAO NFT collection jumped today after Golden State Warriors Stephen…
