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09 Feb LEASH Skyrockets 40% as Shiba Inu Introduces Metaverse Real Estate

Posted at 07:28h in CRYPTO WORLD by George Georgiev 0 Comments
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LEASH is one of the ecosystem tokens of Shiba Inu (SHIB), and it is mooning today. This happens on the back of a recent announcement where the team behind the project introduced virtual real estate in their metaverse effort. Earlier in January, CryptoPotato reported that Shiba Inu is...

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09 Feb SoftBank-Backed Startup to Offer Crypto Trading (CNBC Report)

Posted at 00:28h in CRYPTO WORLD by Dimitar Dzhondzhorov 0 Comments
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DriveWealth – a SoftBank-backed start-up that assists fintech firms in offering stocks – will reportedly provide cryptocurrency trading services to clients. To do so, the company will acquire Crypto-Systems – a separate digital asset organization based in the United States. DriveWealth to Compete with Coinbase CNBC reported...

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08 Feb Georgia Becomes an Attractive Area for American Bitcoin Miners (Report)

Posted at 21:28h in CRYPTO WORLD by Dimitar Dzhondzhorov 0 Comments
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The State of Georgia might become the next hub for cryptocurrency miners as it provides relatively low electricity prices and a large amount of nuclear and solar power, a new coverage revealed. Furthermore, local regulators have shown a friendly stance towards this side of the...

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08 Feb Total Supply Of Decentralized Stablecoin DAI Exceeds $10 Billion

Posted at 19:28h in CRYPTO WORLD by Chayanika Deka 0 Comments
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Currently, DAI is the fifth-largest stablecoin by market capitalization. Tether (USDT) may have continued to be the market leader after all these years, but DAI has the perk of being open-source and decentralized – something that’s sought after in the DeF community. DAI Ascends According to Makerburn, the...

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08 Feb Justice Department Recovers Bitfinex Hack Funds In Largest Ever Financial Seizure

Posted at 18:29h in CRYPTO WORLD by Andrew Throuvalas 0 Comments
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The FBI has arrested a husband and wife in Manhattan for allegedly conspiring to launder swaths of Bitcoin connected to the 2016 Bitfinex exchange hack. According to Reuters, over $3.6 billion worth of the asset has already been recovered by law enforcement. The couple allegedly responsible...

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08 Feb Global Crypto Investments Soared 450% in 2021: KPMG Reports

Posted at 18:29h in CRYPTO WORLD by George Georgiev 0 Comments
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Investment in the crypto space soared in 2021. Globally, crypto projects attracted over $30 billion, compared to $5.4 billion in 2020. In its Pulse in Fintech report, KPMG points to an “incredible increase in recognition of crypto’s potential in fintech. According to the multinational ‘Big Four’ accounting...

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08 Feb What is a Decentralized Autonomous Organization (DAO)? Everything You Need to Know

Posted at 18:29h in CRYPTO WORLD by Jose Oramas 0 Comments
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Decentralized Autonomous Organizations (DAOs) are a form of governance systems powered by their community. They can be independent of third parties, and government corporations and they also differ a lot in their business and organizational model from traditional organizations. Quick Navigation What is a DAO? The DAO Hack...

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08 Feb Last Time This Indicator Flashed, Bitcoin Spiked Almost 100%

Posted at 15:28h in CRYPTO WORLD by Mandy Williams 0 Comments
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Traders are once again hoping for a bullish run as a fresh slash of green spread across the entire crypto market. Interestingly, the 50-DMA indicator shows that the cryptocurrency might be in a good shape for further gains. Bitcoin surged to $45,500 today for the first...

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08 Feb SSV Network Bags $10M From DAO Partners to Scale ETH 2.0 Staking

Posted at 15:28h in CRYPTO WORLD by Mandy Williams 0 Comments
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Open source and decentralized protocol ssv.network has received $10 million in funding from its DAO partners to ramp up the decentralized staking infrastructure for Ethereum 2.0 ahead of the upcoming Merge. ssv.network Receives $10M ssv.network said  in a press release that it received the funds through its...

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08 Feb Ripple Price Analysis: Here’s the Next Target for Ripple After Breaking Above $0.7

Posted at 15:28h in CRYPTO WORLD by Duo Nine 0 Comments
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Key Support levels: $0.70 Key Resistance level: $0.96, $1 Ripple’s XRP broke the critical resistance at $0.70 with significant volume yesterday, and the price rallied all the way to $0.91 (Bitstamp exchange). The previous resistance has now turned into support, and the next key levels to watch...

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