With the growing popularity of cryptocurrencies, the digital landscape has become a breeding ground for scams and fraudulent schemes. Fake cryptocurrencies and fraudulent projects aim to deceive unsuspecting investors and enthusiasts. This article will delve into the key indicators and strategies to help you identify fake cryptocurrencies and protect yourself from falling victim to such scams. Research the team behind…
Dropp, a micropayments platform built atop the Hedera Hashgraph, has been added to FedNow’s “showcase” among a variety of different tech solutions for the Federal Reserve’s payment service. The crypto firm lets merchants accept payments for as little as a penny, making micropayments more accessible and practical. Moreover, as pointed out by FedNow, users’ credentials are not shared with the…
Bitcoin (BTC) hit multi-day highs after the Aug. 14 Wall Street open as modest volatility trickled through to the market. BTC/USD 1-hour chart. Source: TradingView Bitcoin traders provide “some action” after flat weekend Data from Cointelegraph Markets Pro and TradingView tracked a trip past $29,500, marking the highest BTC price levels since Aug. 10. Unusually flat trading conditions, followed by…
The Bitcoin Frontier Fund, formerly known as Stacks Ventures, announced on Monday an accelerator focused on the NFT-like Ordinals, with plans to award several startups with mentorship opportunities and $100,000 grants. Led by entrepreneur and influencer Trevor Owens, the Fund aims to foster growth around Ordinals, the Bitcoin-based protocol launched this January by developer Casey Rodarmor that has led to…
Bitcoin stays frustratingly quiet after the weekly close, but BTC price forecasts are giving ever-shorter breakout deadlines. Source: https://cointelegraph.com/app/public/index.php/news/btc-price-breakout-august-things-bitcoin-this-week
The supply of DAI stablecoin surged to a 5-month high of 5.35 billion, per Makerburn.com data. The steep rise comes amid users, including prominent DeFi entities like Justin Sun and OlympusDAO, rushing to scoop up the increased returns in Maker deposits. Maker is a stablecoin issuing platform on Ethereum and is governed by the MakerDAO community formed of MKR token…
Bitcoin (BTC) mining firm TeraWulf has seen a drastic increase in BTC rewards after increasing its mining capacity in the first half of 2023. According to the company’s latest quarterly filing with the U.S. Securities and Exchange Commission, TeraWulf mined a total of 1441 BTC through the first half of the year. 508 BTC were mined in Q1, while the firm…
Metaverse platform The Sandbox (SAND) has unlocked a total of 332 million SAND tokens, which is around 16% of the digital asset’s current circulating supply. The unlocked tokens are worth around $133 million at the time of the unlock. On Aug. 14, The Sandbox proceeded with its scheduled unlock for over 300 million tokens. According to the vesting schedule tracker…
The cryptocurrency exchange Coinbase announced an expansion of its services offered to Canadian users on Aug. 14 through a partnership with the local financial services company Peoples Trust Company. Coinbase integrated the option for 100% of its users to deposit and withdraw money from their accounts via the Interac e-Transfers service. According to the exchange, this feature was the most…
Crypto’s legitimacy and adoption have increased in recent years, and along with the uptick in use, the tech has become a topic of political divisiveness, resulting in a perception of partisanship — especially in the United States. Speaking to Cointelegraph, Jonathan Jachym, the Global Head of Policy at U.S.-based crypto exchange Kraken, said he doesn’t think crypto is partisan and…
