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Crypto News

BDO Audit Validates Tether’s (USDT) $8.5 Billion Commercial Paper Holdings

Jeet Adhvaryu Aug 19, 2022 0
On Friday, Tether, the digital asset company behind the biggest stablecoin in crypto, presented its quarterly assurance report independently audited by a top-tier public accounting firm named BDO.The stablecoin issuer used BDO's…
Altcoin News

Ethereum price may fall compared to Bitcoin for the first time in 7 weeks

Jeet Adhvaryu Aug 19, 2022 0
The cryptocurrency market has returned to the red zone, with Ethereum (ETH) and Bitcoin (BTC) both declining, but Ethereum doing somewhat worse than Bitcoin for the first time in over two months.Indeed, Ethereum is on track to decrease…
Altcoin News

Vitalik Buterin’s View On The Possibility Of Ethereum Being Banned By OFAC

Jeet Adhvaryu Aug 18, 2022 0
Vitalik Buterin, the co-founder of Ethereum, frowns upon the idea of Ethereum censorship by the Office of Foreign Assets Control of the US Treasury Department (OFAC). He contended that such activity constitutes a network assault.…
Crypto News

Acala retrieves 2.97 billion USD stablecoins that were created during an exploit

Jeet Adhvaryu Aug 18, 2022 0
Acala, a parachain based on Polkadot, has recovered about $2.97 billion from 16 addresses that mined $3 billion Acala USD (aUSD) in a security breach on Sunday.Due to a coding issue in one of Acala's smart contracts, the iBTC/aUSD…
Crypto News

Developer of the Input-Output Global blockchain announces partnership to promote NFT adoption on…

Jeet Adhvaryu Aug 18, 2022 0
The blockchain startup behind Cardano (ADA), Input-Output Global (IOG), is cooperating with a non-fungible token (NFT) ecosystem to promote NFT adoption.According to a recent press release from the firm, NMKR, which claims to be the…
Bitcoin News

Bitcoin And Ethereum Set To Receive A Bullish Boost As Brazil’s Largest Broker Initiates…

Jeet Adhvaryu Aug 17, 2022 0
In recent times, cryptocurrencies have been in the eye of the storm as crypto giants like Celsius, Voyager Digital, and Three Arrows Capital have imploded. Since its all-time high, Bitcoin has lost over 60 percent of its value. However,…
Crypto News

Edith Yeung of Race Capital believes that the current “warm crypto winter” would scare…

Jeet Adhvaryu Aug 17, 2022 0
As the cryptocurrency market increases at an unprecedented rate, several financial institutions and venture capitalists (VCs), including Race Capital, are optimistic about the new asset class.In an August 16 interview with CNBC, Edith…
Exchange News

Coinbase Will Suspend ETH Deposits and Withdrawals Throughout the Ethereum Merge

Jeet Adhvaryu Aug 17, 2022 0
Coinbase will suspend ETH and ERC-20 token deposits and withdrawals during Ethereum's Proof-of-Stake upgrade.During the Merge update, Coinbase temporarily suspends ETH and ERC-20 token deposits and withdrawals. During Ethereum's…
Crypto News

A year’s worth of data indicates a decline of 65% in crypto-scam revenues

Jeet Adhvaryu Aug 16, 2022 0
Even though many individuals in the bitcoin business are concerned about rumours of probable scams, a new survey reveals that the number of frauds has been dropping over the last year.According to a survey released on August 16 by…
Bitcoin News

A crypto trading expert sees Bitcoin’s position as one to monitor ‘for longs’ if…

Jeet Adhvaryu Aug 16, 2022 0
Bitcoin (BTC) is still striving to leave the bear market, despite sustained advances of over $20,000 over the last several weeks. After the flagship cryptocurrency started trading sideways and lost some of its recent gains, investors are…
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