A crypto rewards platform called Freeway.io has notified users that it decided to reallocate capital in order to “manage exposure to future market fluctuations and volatility.” In doing so, users are unable to withdraw funds from the platform, and the Freeway team explained that amid the reallocation process, the team could not comment further. Crypto Rewards Platform Freeway.io Pauses Withdrawals,…
Trading app RobinHood has added cryptocurrencies Tezos (XTZ) and Aave (AAVE), allowing users to buy and sell the tokens on its platform. The company tweeted the announcement on Monday, linking to a web page showing crypto that has been newly listed on Robinhood. Tezos is a proof-of-stake blockchain network, while Aave is a decentralized lending protocol. Both their native tokens…
Former UK Finance Minister and established crypto-bull, Rishi Sunak, will soon replace Liz Truss as the nation’s Prime Minister. Truss was ejected from her leadership position just 45 days after assuming office after her ambitious plan to slash taxes on the nation’s highest earner quickly backfired. Mortgage prices soared in the aftermath, while the pound sterling tanked–quickly making her unpopular…
According to Tesla’s latest Q3 earnings report filed with the United States Securities and Exchange Commission, the electric vehicle (EV) manufacturer disclosed that it had invested a total of $1.5 billion into Bitcoin (BTC) since early 2021. Of this amount, the firm is currently sitting at a $170 million unrealized loss from the change in the fair value of its…
Cardano closed in on a one-week high to start the week, as the token climbed for a fourth straight session. Polygon was also in the green, and collided with a key resistance level in the process. Overall, the global crypto market cap is currently 1.30% higher as of writing this analysis. Cardano (ADA) Cardano (ADA) climbed for a fourth straight…
Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hang Seng drops most since 2008 Data from Cointelegraph Markets Pro and TradingView tracked a mundane trading day for BTC/USD after the pair hit weekly highs of $19,700 overnight. Despite what Michaël van de…
Governance tokens are a type of cryptocurrency that allow tokenholders to vote on the direction of a blockchain project. The primary purpose of governance tokens is to decentralize decision-making and to give holders a say in how the project is run. Governance tokenholders are usually more invested in the project’s success as they stand to gain or lose more, depending…
Binance is “narrowing down” the identity of the attacker who stole $570 million worth of crypto from a cross-chain bridge on October 6, Binance CEO Changpeng Zhao told CNBC on Monday. Zhao said Monday that up to 90% of the stolen funds were frozen on the blockchain before they could be moved. And now the company, which runs the world’s…
In Japan, the city of Fukuoka is looking towards the future of Web3 in its latest partnership with Astar Japan Labs – the company behind Japan’s leading blockchain, the Astar network. Fukuoka is the country’s second-largest port city and has officially been designated as a National Special Strategic Zone. Now it also plans to become the country’s hub for all…
The crypto market downturn is proving a difficult storm to weather for both investors and businesses alike in the industry. However, according to new data, this hasn’t stopped women from being bullish on crypto. A new survey conducted by BlockFi, a crypto trading and investment platform, asked women across the United States about their views of and participation in the…
