Cryptonews

Cryptonews


Coinbase Wants to Hire All-Action Bodyguard – But Only if This Hero Likes Crypto

Posted: 29 Mar 2022 12:00 PM PDT

 
The American crypto exchange giant Coinbase is on the hunt for a crypto-loving all-action hero – and has posted a surreal job posting for an "Executive Protection Senior."...
Read More: Coinbase Wants to Hire All-Action Bodyguard – But Only if This Hero Likes Crypto

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Over USD 600M Stolen in Blockchain Bridge Hack as Axie Infinity's Ronin Exploited

Posted: 29 Mar 2022 11:48 AM PDT

 
The first quarter of 2022 is about to end with one of the largest crypto thefts, as the gaming-focused Ronin bridge, which connects blockchains, has been exploited to the tune of more than USD 600m....
Read More: Over USD 600M Stolen in Blockchain Bridge Hack as Axie Infinity's Ronin Exploited

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NY Regulator To Speed Up Crypto Licensing, New Crypto ETPs, Web3 Council + More News

Posted: 29 Mar 2022 08:35 AM PDT

 
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.
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Read More: NY Regulator To Speed Up Crypto Licensing, New Crypto ETPs, Web3 Council + More News

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Will Smith Meme Token Soars on Launch, but History Shows Such Rallies Rarely Last

Posted: 29 Mar 2022 08:04 AM PDT

 
A token known as Will Smith Inu (WSI) began trading on the decentralized exchange Uniswap (UNI) yesterday, with buyers rushing in as they attempt to capitalize on the (in)famous event that unfolded during Sunday's Oscars ceremony. However, similar coins commonly end up on the ever-growing scrap heap....
Read More: Will Smith Meme Token Soars on Launch, but History Shows Such Rallies Rarely Last

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MicroStrategy Leverages Bitcoin Holding to Buy Even More BTC

Posted: 29 Mar 2022 06:40 AM PDT

 
MicroStrategy, the US-based enterprise software firm led by Bitcoin (BTC) bull Michael Saylor, has taken a bitcoin-secured loan of USD 250m from Silvergate Bank, with the company planning to use the money to buy even more BTC.
The loan, issued as an interest-only term loan by Silvergate Bank is "secured by certain bitcoin held in MacroStrategy's collateral account," an announcement from the firm said.
MacroStrategy is a subsidiary of MicroStrategy....
Read More: MicroStrategy Leverages Bitcoin Holding to Buy Even More BTC

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One Week After Launch, ApeCoin Is Now a Yield-Bearing Asset As Nexo Adds 'Full-Fledged APE Wallet'

Posted: 29 Mar 2022 06:30 AM PDT

 
Holders of ApeCoin (APE), the newly launched governance and utility token of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) ecosystem, can now for the first time earn a yield. 
Yield for ApeCoin holders will be made available through the crypto lending and borrowing platform Nexo (NEXO), with returns ranging from 7% to 12% annually, an announcement from the company said on Tuesday.
Nexo's announcement said that,...
Read More: One Week After Launch, ApeCoin Is Now a Yield-Bearing Asset As Nexo Adds 'Full-Fledged APE Wallet'

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Hedera Launches USD 155M DeFi-Focused Fund

Posted: 29 Mar 2022 06:00 AM PDT

 
A development fund worth USD 155m intended to boost the use of the Hedera (HBAR) network in DeFi applications has been announced by the HBAR Foundation.
According to an announcement from the foundation on Tuesday, the new fund – dubbed the Crypto Economy Fund – will focus on "increasing accessibility into and within the Hedera Network," while also accelerating the growth of the broader HBAR Economy....
Read More: Hedera Launches USD 155M DeFi-Focused Fund

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Bitcoin and Ethereum Trend Higher, LUNA Pauses, WAVES Accelerates

Posted: 29 Mar 2022 05:05 AM PDT

 
Bitcoin price moved above the USD 48,000 level before a minor decline and is currently (11:51 UTC) moving higher above the USD 47,800 level. The current price action suggests chances of more gains above USD 48,500. BTC Is now up more than 1% in a day....
Read More: Bitcoin and Ethereum Trend Higher, LUNA Pauses, WAVES Accelerates

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US Proposed Unrealized Gains Tax May Become 'Penalty for Being Successful' in Crypto

Posted: 29 Mar 2022 04:47 AM PDT

 
The proposed 20% tax on unrealized gains put forward by the US Department of Treasury's 2023 Revenue Proposal could potentially become a "penalty for being successful," according to Shehan Chandrasekera, Head of Tax Strategy at crypto tax software specialist CoinTracker....
Read More: US Proposed Unrealized Gains Tax May Become 'Penalty for Being Successful' in Crypto

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Another Expensive NFT Gets Mistakenly Sold at Large Discount - How Does That Happen?

Posted: 29 Mar 2022 03:59 AM PDT

 
Another very popular and pricy non-fungible token (NFT), this time Bored Ape #835, an item in the popular NFT collection Bored Ape Yacht Club (BAYC), has been sold for a fraction of the collection's floor price -- and the community is debating what may be behind it. ...
Read More: Another Expensive NFT Gets Mistakenly Sold at Large Discount - How Does That Happen?

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