Panic seller loses $222K in AAVE amid market fluctuation
A crypto investor’s AAVE panic sale incurs a significant loss, underscoring the risks of emotional trading strategies in uncertain markets.
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OpenSea acquires Dharma Labs and a new CTO
The NFT marketplace buys the nearly five-year-old DeFi protocol but does not share financial terms. 87 Total views 39 Total shares OpenSea announced Tuesday the acquisition of Dharma Labs, a cryptocurrency lending platform and digital wallet, for an undisclosed amount. According to the statement, Dharma Labs would effectively shut down and its co-founders Nadav Hollander…

Bitwise Tells US SEC That 95% of Volume on Unregulated Crypto Exchanges is Suspect
95 percent of volume on unregulated exchanges appears to be fake or non-economic in nature, an analysis from cryptocurrency index fund provider Bitwise Asset Management has argued in a report dated March 20.Bitwise reported its data and claims to the United States Securities and Exchange Commission (SEC) as part of a proposed rule change for…

Fighting the crypto winter and token protocol inflation in 2022
There is an old saying, “cash is king,” but if it is sitting in a bank account or, in the case of crypto — a wallet, it diminishes daily due to inflation. This is especially the case now as inflation in the United States breaks its 40-year record. While the dollar-cost-averaging (DCA) strategy allows an…

Afghan police close down cryptocurrency exchanges to enforce central bank ban: Report
The Afghan central bank declared forex trading un-Islamic and illegal earlier this year, and issued a warning about continuing activities a month later; now arrests have been made. 347 Total views 46 Total shares Police have closed down at least 16 cryptocurrency exchanges in the Herat province of western Afghanistan in the last week, according…

Norwegian police recover $5.9M stolen from Axie Infinity Ronin hack
The seized funds will be used to reimburse affected users, and prevent it from funding North Korea's nuclear weapons program. 247 Total views 7 Total shares Own this piece of history Collect this article as an NFTAccording to a press release published on Feb. 16 by Norway's National Authority for Investigation and Prosecution of Economic…

SEC fines NYSE parent company $10M for failing to report cyberattack
The Intercontinental Exchange will pay a penalty for failing to timely inform a cyber intrusion. The enforcement action affected several ICE subsidiaries, including the New York Stock Exchange.

Bitcoin Steady Around $9.2K as ‘Volatility Collapse’ Predicts Big Move
Bitcoin (BTC) continued its downtrend on Nov. 7, barely keeping support above $9,200 as market commentators stay realistic about the future.Cryptocurrency market daily overview. Source: Coin360“Much bigger” BTC price move could come this weekData from Coin360 shows BTC/USD down 1.6% on the day, circling $9,250 after a sudden dip saw markets bounce off $9,200.That level…

Ecosystem health is the missing link to blockchain’s long-term success
Ecosystem health is the key to blockchain’s long-term success. Cultivating transparency, strong developer tools and engaged communities, blockchain networks can grow securely and sustainably.