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Crypto News
A new survey shows US, Ukraine, and the UK dominate in crypto adoption
As the cryptocurrency industry expands, digital assets are being used for many reasons, including payments and investments. However, the usage of cryptocurrencies…
BendDAO Suffers Financial Crisis as Ethereum Reserves Run Out
BendDAO is an "NFTfi" protocol that enables NFT holders to pledge their assets as collateral for ETH loans. It is also the most recent cryptocurrency project to…
Bored Ape Yacht Club Ethereum Floor Price Hits 8-Month Low
The Ethereum floor price of the largest NFT collection has reached its lowest point since the beginning of the year.
The Ethereum floor price of the Bored Ape…
Uniswap banned 253 crypto addresses associated with stolen money or penalties
For the first time, Uniswap shared information on wallets being banned from using their service.
The addresses were blacklisted due to stolen monies or…
Hodlnaut Fires 80% Of Its Employees To Reduce Its Expenses
Hodlnaut, a troubled crypto-lending company, has cut off 80% of its workforce to decrease expenses. Previously, Hodlanaut had suspended withdrawals from its site,…
Coinbase CEO Brian Armstrong believes he’d cancel Ethereum staking if authorities…
The chief executive of Coinbase has said that the major cryptocurrency trading platform in the United States would not accept regulatory restrictions.
In…
Tether dismisses MHA Cayman as its Authentication Provider
Tether has changed its authentication providers from MHA Cayman to BDO LLP's Italian division.
On Thursday, August 18th, 2022, it was announced that BDO Italia…
Crypto, stocks fall as Fed predicts more rate hikes
According to minutes published on Wednesday, the Federal Reserve is expected to hike interest rates again, given that the US regulatory body's early measures have…
Acala Stablecoin aUSD Crashes Following Parachain Exploit
Hackers used a vulnerability in a freshly deployed liquidity pool to create 1.28 billion aUSD tokens, causing the native stablecoin of the Acala Network to crash to…
Do Kwon’s first interview after Terra’s $45 billion bankruptcy
Do Kwon, CEO of Terraform Labs, a cryptocurrency ecosystem that lost $45 billion with the collapse of its stablecoin TerraUSD (UST) and native token Terra (LUNA),…