Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

What happens if the Ethereum merge fails?

I found a number of articles explaining that if the Merge fails it will affect tokens dependent on it but nothing detailed. Does anyone have any extensive research or article or video or any other resource addressing this topic in detail and the possible scenarios? ​ It won't allow me to post below 500 characters…
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Swiss National Bank exec: Regulators may favor centralized stablecoins after Terra crisis

Thomas Moser hinted that regulations might take time as the current regulations would wipe out the decentralized ecosystem like DeFi.

FYI, the hacker who exploited Harmony bridge for 100 M$ 3 days ago has already started sending stolen ETH to Tornado Cash mixer

Sends 18k of stolen ETH to another wallet https://etherscan.io/tx/0x2f259dec682ccd6517c09b771d6edb439f1925e87b562a72649a708fdd0511e1 Then sends 6k ETH of the 18k above to yet another wallet https://etherscan.io/tx/0x2e43c2111567a591e961b63212d7efb45c4873ef49350ba57a7d86968845a788 Then starts sending 100 ETH every ~7 minutes to Tornado Cash mixer https://etherscan.io/address/0x432a9cb4353bed67ec5351734d4a44c0826847ae Yeah, seems Harmony is dONE and the 1 M$ offer from Harmony team was ignored… submitted by /u/FreddieChopin…
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Metaverse fractional ownership to form similarly to property loans: Casper exec

Ralf Kubli said that smart contracts can create fractionalization agreements and divide plots of metaverse land that can be leased out individually.

Pocket Network Advances Its Multichain Strategy With Latest Milestone

PRESS RELEASE. TAMPA, Fla., June 27, 2022 / — Pocket Network, an infrastructure middleware protocol which facilitates decentralized multichain blockchain access to developer applications in Web3, including Ethereum, Polygon, Gnosis Chain, Avalanche, Solana, Fuse, Fantom and Near, recently marked a significant milestone in its multichain strategy with 50 supported blockchains on its network after integrating […]

Are you ready for TheFlippening?

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China’s BSN chair calls Bitcoin Ponzi, stablecoins 'fine if regulated'

Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a “Ponzi scheme” in any case, China’s BSN chair told Cointelegraph.

No-code tool for deployment and management of NFT contracts.

Artists, or companies who plans to launch their own NFT collection, without any knowledge of blockchain tech, will immediately hit the invisible barrier. In a lot of cases, they have a problem putting together a simple thing: a single smart contract for NFT collection. Their only chance is to hire a super-expensive developer and spent…
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ApeCoin Climbs 22% After Snoop Dogg-Eminem Bored Ape Video Launch

ApeCoin (APE), the native Ethereum currency of the famous NFT collection, is one of the fastest-growing NFT and Metaverse crypto projects in the blockchain ecosystem today. Upon its March 18, 2022 launch, ApeCoin instantly began a parabolic climb. The rally’s apex allowed Apecoin’s market capitalization to reach $7.45 billion. The APE token was valued at $4.92 at the time of writing, down marginally from its morning high of $5.26. In the past week, ApeCoin has increased by more than 35%. As of Friday, intraday trading volume for APE has plummeted by 43%. This indicates that APE is receiving peer selling pressure and is approaching the consolidation phase’s bottom trendline. The volume to market cap ratio of the coin is 0.3129. Suggested Reading – Uniswap Slingshots 45% – Can UNI Blaze Past Its 7-Day Rally? ApeCoin Getting Some Lift From Rappers The price of ApeCoin reached an all-time high of over $27 in late April ahead of virtual land NFT sales for the Bored Ape Yacht Club’s Otherside metaverse game. ApeCoin holders can vote on ApeCoin DAO governance proposals using ApeCoin. The recent price increase of APE may have been partially prompted by the release of a new music video featuring Snoop Dogg and Eminem as animated versions of their Bored Ape avatars. In the music video for their new single “From The D 2 The LBC,” Snoop Dogg and Eminem get stoned and transform into animated versions of their BAYC avatars. The song debuted at the conclusion of this year’s ApeFest, an annual New York event for BAYC NFT holders. At the end of last year, Eminem purchased his Bored Ape for 123.45 ETH (USD $452,000). His OpenSea account, Shady Holdings, displays 26 additional NFT purchases. APE total market cap at $1.47 billion on the daily chart | Source: TradingView.com Snoop Dogg & Eminem Video Fly High Snoop Dogg possesses numerous NFTs and has long been steeped in cryptoculture. He exposed himself to be the popular NFT Twitter user Cozomo di Medici a year ago. In February, he declared his intention to transform Death Row Records into an NFT label. The duo’s music video, which was trending on YouTube over the weekend, has received more than 7.5 million views. ApeFest, which occurred in New York the same week as NFT NYC, featured performances by, among others, Haim, LCD Soundsystem, Lil Wayne, Future, and Lil Baby. Over the past 24 hours, the price of ApeCoin has climbed by 12.68 percent because of strong positive momentum. Despite the fact that APE has produced its second consecutive green weekly candle on the price charts, it is still 82 percent below its all-time high reached in April 2022. Suggested Reading | Sandbox (SAND) Blows Up 20% Over Last 24 Hours Following ‘Takeover’ Rumors Featured image from SouthPawer, chart from TradingView.com

Dogecoin price could rally 20% in July with this bullish reversal pattern

DOGE’s bullish pattern has reached its profit target 79 out of a hundred times in its financial history.