Author: e_cash_top
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Algorand up over 12% following on from India partnership
[ad_1] Ad Algorand (ALGO) — the blockchain-based cryptocurrency protocol that leverages proof-of-stake technology — is up over 12% in 24-hour trading following the announcement of its partnership in India. Algorand’s recent push into India On Mar. 29, ALGO reported that it has secured a partnership deal in India with AlgoBharat, a move it hopes will…
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Liquid staking tokens rally by 15% as Ethereum Shapella upgrade draws near
[ad_1] Ad Liquid staking is the best-performing crypto sector in the last 24 hours after rallying by more than 15%, according to CryptoSlate data. According to the data, all seven projects in the space soared by more than 5%, with two of them — Lido (LDO) and Frax Share (FXS) — among the top five gainers…
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Voyager redeems $150M of USDC to fiat through Circle
[ad_1] Arkham Intel has reported that Voyager has initiated converting its USDC holdings into fiat currency by redeeming $150M via Circle’s service, also reporting that Coinbase had transferred $150 million in USDC to Circle. gm Voyager has begun cashing out its USDC to fiat, redeeming 150M through Circle's service. The funds were subsequently transferred to…
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Lido to sunset staking on Polkadot, Kusama by August
[ad_1] Liquid staking protocol Lido (LDO) said it would stop providing staking services for Polkadot (DOT) and Kusama (KSM) on Aug. 1. According to a blog post by Lido developer MixBytes, the decision was made “because of several challenges, including market conditions, protocol growth, limited capacity, and priority alignment.” The developers further clarified that balancing…
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CryptoSlate wMarket update: XRP leads top 10 as BTC breaks $28,000 once again
[ad_1] The cryptocurrency market cap saw net inflows of $70 billion over the last 24 hours and currently stands at $1.19 trillion — up 5.44% from $1.12 trillion. During the reporting period, Bitcoin and Ethereum’s market cap increased by 5.58% and 5.06% to $547.02 billion and $221.27 billion, respectively. All top 10 crypto assets performed…
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Coin Center raises the alarm on the RESTRICT Act
[ad_1] Ad Coin Center posted a scathing assessment of the RESTRICT Act – saying the bill proposal could be used to ban crypto. The cryptocurrency advocacy organization highlighted several problems with the bill, including its potential to block and restrict access to open protocols, such as the Bitcoin (BTC) network. Moreover, Coin Center drew parallels…
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Bitcoin’s correlation to traditional assets raises red flags
[ad_1] Quick Take As the market digests all the uncertainty from the banking fallout, equities such as the S&P 500 remain flat for March. In recent weeks, in light of the SVB collapse, Bitcoin had uncorrelated itself from the traditional markets. Bitcoin was up 24%, other assets remained relatively flat, and gold was also a…
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North Korean hacking group APT43 found to rely on cryptocurrency crime
[ad_1] Ad A North Korean hacking group called APT43 has been found to be reliant on cryptocurrency, according to a report from the security firm Mandiant on March 28. APT43 uses cryptocurrency Mandiant said that although APT43’s main objective is espionage, the group also engages in various types of crime both related and unrelated to…
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MetaMask warns of fake token launch campaign
[ad_1] Ad Popular crypto wallet MetaMask has warned of a fake $MASK token launch, as reported by the project’s Twitter account on March 28. Metamask says there is no token launch MetaMask said that widespread rumors suggest that it will carry out an official token snapshot or airdrop on March 31. The project said these…
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SafeMoon’s liquidity pool compromised
[ad_1] The liquidity pool for the DeFi project SafeMoon has been compromised, according to a March 28 statement by the project on Twitter. The project said it is taking steps to resolve the issue but gave few other details on the matter. The ultimate cause of the incident is still unknown, and it is unclear…