August 12, 2022

Altcoin News

Price analysis 8/12: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

Bitcoin and many altcoins are carving out bottoming patterns as sentiment across the crypto and equities markets continues to improve. Bitcoin (BTC) could not overcome...

Uzbekistan blocks access to foreign crypto exchanges over unregistered trading

The national regulator urges the industry players to comply with the local legislation. The government of Uzbekistan, which has previously made significant steps toward a...

Tornado Cash DAO goes down without explanation following vote on treasury funds

Github, Circle, dYdX, Alchemy, and Infura... All platforms have taken action against Tornado Cash or individuals connected to the mixer following U.S. sanctions. The Tornado...

Crypto markets bounced and sentiment improved, but retail has yet to FOMO

The total crypto market capitalization is rising toward $1.25 trillion, but an assortment of metrics show retail and institutions are not ready to “ape.” An...

Mailchimp bans crypto content creators without prior notice

The email marketing service provider temporarily suspended crypto-related accounts due to alleged terms of service violations. The email marketing platform Mailchimp appears to have suspended...

Fallout from crypto contagion subsides but no market reversal just yet

With some areas of the blockchain space showing signs of a potential bottom, July showed that the market remains in a cautionary state. The blockchain...

Trending News

Maven 11 launches $40M lending pool on Maple as borrowers turn to DeFi

With liquidity drying up in the wake of CeFi contagion, borrowers are turning to decentralized finance for their credit needs. Netherlands-based crypto investment firm Maven...

BlackRock Bitcoin fund launch sends BTC price toward $25K

The announcement is the “most bullish news” ever for long-term hodlers, one analyst argues, as Barry Silbert heralds the arrival of Wall Street. Bitcoin (BTC)...

dYdX confirms blocking (and unblocking) some accounts flagged in Tornado Cash controversy

The platform said it has used compliance vendors to scan for and flag accounts potentially associated with illicit activities, including sanctions lists for many countries....

BlackRock announces the launch of a new private spot Bitcoin trust

The move comes one week after its partnership with Coinbase to provide institutional clients with crypto trading access. According to a new blog post on...

Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee

It's not yet clear how the alleged criminal misconduct of a former employee led to a law enforcement freeze on user's funds. On Thursday, cryptocurrency...

Curve Finance resolves site exploit, directs users to revoke any recent contracts

An exploit of the site’s front end appears to have resulted in the theft of over $573,000 USD, according to users. On Tuesday, automated market...

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