News Articles for 2022-09-19

1inch Network alerts crypto investors to a critical security flaw in the Profanity tool, leading to a $3.3 million exploit.

Discover the critical security risks in the NFT ecosystem revealed by BlockSec and NFTGo's 2022 report, highlighting privilege functions, wash trading, and market manipulation.

Senator Andrew Bragg's Digital Assets (Market Regulation) Bill 2022 aims to regulate cryptocurrency exchanges, stablecoins, and the digital yuan, promoting consumer protection and investment growth in Australia's digital asset sector.

Australian Senator Andrew Bragg unveils draft bill targeting digital asset exchanges, stablecoins, and China's e-Yuan, emphasizing the need for regulatory reform.

Binance Labs' portfolio manager, Yi He, highlights opportunities in web 3.0 projects during the crypto bear market, focusing on strategic investments for long-term growth.

Binance announces a strategic partnership with VARUS, a leading Ukrainian supermarket chain, to integrate cryptocurrency payments for grocery purchases through the Binance Pay Wallet.

Bitcoin and Ethereum prices fell as investors awaited key rate decisions from central banks, including the U.S. Federal Reserve and Bank of England.

Bitcoin's price outlook remains uncertain as it faces another week of significant macroeconomic announcements following its lowest weekly close since July.

Bitcoin's price tumbles 7.8% to $18,420, marking its lowest since 2020. The crypto market faces extreme fear as global interest rate hikes loom, impacting both stocks and digital assets.

Bitcoin's price fell sharply to a three-month low, sparking concerns among investors as global tensions rise.

Bitcoin's price has dropped significantly, falling below key support levels. Technical indicators suggest a continued bearish trend, with BTC potentially targeting $17,000.

Industry leaders like Bandai Namco, Square Enix, and SEGA are embracing blockchain technology to redefine the future of gaming.

Cardano (ADA) shows resilience amid market downturns, with analysts turning bullish ahead of the Vasil hard fork. Discover the key price levels and potential upside for ADA.

Cardano (ADA) is experiencing its largest single-day drop in two months, falling 11% amid a broader crypto market downturn. Here's what investors should know.

Cardano's price tumbled 10.02% on Monday, marking its largest single-day drop since August. The cryptocurrency's market cap fell to $15.0417B, with Bitcoin and Ethereum also experiencing significant losses.

Explore how A-list celebrities are diversifying their investments in the crypto ecosystem beyond NFTs, positioning themselves for the next bull run.

A key U.S. regulator met with Ripple's CEO to discuss crypto regulation and public-private collaboration ahead of a major court decision impacting XRP.

Charles Hoskinson responds to negative comments about the Vasil hard fork, addressing concerns about its impact on the Cardano network and ADA's price performance.

Coinbase is backing a legal challenge to Tornado Cash sanctions, while the SEC intensifies efforts to regulate cryptocurrencies, highlighting reactive government approaches to DeFi.

The cryptocurrency market has seen a significant decline, with its total market cap dropping below $900 billion for the first time since February 2021. Jerome Powell's recent speech at the Jackson Hole symposium has been cited as a major factor in this downturn.

Bitcoin, Ethereum, and Cardano prices plummet as markets brace for a potential Fed rate hike. Goldman Sachs predicts Bitcoin could drop to $12k, while Ethereum and Cardano face significant declines. Regulatory developments and hard forks add to the volatility.

The crypto market experienced a significant dip recently, with Bitcoin and Ethereum dropping below key thresholds. Santiment's data suggests a potential 'buy the dip' opportunity, but traders remain cautious amid ongoing inflation concerns and market uncertainty.

The cryptocurrency market faces significant declines as Bitcoin and Ether hit multi-month lows. Investors brace for volatility ahead of the Federal Reserve's interest rate decision, while regulatory scrutiny intensifies.

The crypto market faced significant turmoil in mid-September, with the total market cap falling below $1 trillion. Heavy liquidations impacted over 130,000 traders, with Bitcoin and Ethereum traders suffering substantial losses.

Explore how high-profile crypto deals impact investor sentiment and discover why The Hideaways (HDWY) is emerging as a top choice for passive income and growth in the current market.

Discover how crypto companies are leveraging sports sponsorships to gain mainstream acceptance and build trust.

Cryptocurrencies hit fresh lows as investors shy away from risky assets amid looming interest rate hikes and regulatory uncertainty.

Explore the latest developments in U.S. cryptocurrency regulation, highlighting Senator Cynthia Lummis' bipartisan efforts and the potential role of the CFTC in oversight.

Explore the potential of Decentralized Autonomous Organizations (DAOs) as a new governance model and the challenges they face in achieving equitable decision-making.

Explore the recent decline in GameFi projects, particularly STEPN, and the efforts to revive user interest in the move-to-earn platform.

South Korean authorities have requested an Interpol Red Notice for Do Kwon, founder of Terra (LUNA), as the crypto market faces a $60 billion meltdown.

Dogecoin (DOGE) has re-entered the top ten cryptocurrencies by market capitalization but has seen significant losses in both USD and BTC terms following Elon Musk's Saturday Night Live appearance.

Explore the current state of Dogecoin, including its price fluctuations, forecasts, adoption efforts, and market position amidst a challenging crypto landscape.

The U.S. Department of Justice releases a report on digital asset-related criminal activity and announces the formation of a Digital Asset Coordinator Network to tackle illicit transactions.

Explore the importance of improving smart contract security and transparency as Web3 applications grow, ensuring user trust and safety in blockchain transactions.

Explore why Ethereum continues to outshine Bitcoin despite recent market downturns.

Ethereum Classic (ETC) has entered a strong bearish trend, with prices plummeting to $28.40 after a 17.35% drop in the last 24 hours. Key technical indicators and support levels are highlighted in this detailed price analysis.

Ethereum's price has dropped to its lowest level in two months following the transition to proof-of-stake, while the broader crypto market faces pressure ahead of a key Federal Reserve meeting.

Ethereum's migration to Proof of Stake has led to a significant price drop, with ETH falling 26% in the past week. The broader crypto market crash, influenced by macroeconomic factors, has also impacted Bitcoin and altcoins.

Ethereum's price has declined significantly following The Merge, with ETH falling below $1,300 and showing bearish signals on its daily chart.

Ethereum experienced its largest one-day percentage loss since August 26, falling 10.64% to $1,297.83. The broader crypto market also saw declines, with Bitcoin dropping 5.02% and Tether remaining stable. Ethereum's market cap now stands at $164.19B, down from its peak of $569.58B. The cryptocurrency has lost 23.72% over the past week and is 73.32% below its all-time high of $4,864.06. Bitcoin's market cap is $372.96B, while Tether's is $67.92B.

Discover the significance of Ethereum's transition from proof-of-work to proof-of-stake and its impact on the blockchain network.

Ethereum's shift to proof-of-stake has improved energy efficiency and security, but reliance on Flashbots highlights potential centralization risks.

A replay attack on the Gnosis Chain's Omni Bridge led to the theft of 200 ETHW, causing a significant price drop for ETHPoW tokens.

The Ethereum proof-of-work fork, ETHW, has denied allegations of a replay attack, clarifying the situation and reassuring its community.

The UK's Financial Conduct Authority has warned consumers that crypto exchange FTX is operating without a license, echoing similar actions against Binance last year.

The Financial Conduct Authority (FCA) has issued a warning against Bahama-based crypto exchange FTX for operating without authorization in the UK.

GALA overtakes WBTC as the most traded token among top 100 ETH whales, according to WhaleStats, while UNI remains the most widely held token.

Decentralized exchange GMX fell victim to a price manipulation exploit, resulting in a $565,000 loss from the AVAX/USD market. The incident highlights vulnerabilities in DEX mechanisms and their impact on liquidity providers.

Goldman Sachs economists have raised their predictions for Federal Reserve interest rate hikes, which could pose risks for Bitcoin, potentially dropping its price to $11,000. Analysts weigh in on Bitcoin's price trends, correlation with NASDAQ, and the impact of global economic factors.

Goldman Sachs economists predict aggressive Federal Reserve rate hikes, potentially driving Bitcoin's price down to $12,000. Learn more about the implications for BTC and the broader crypto market.

Discover how HNT is defying the broader market downturn while most altcoins continue to slide. Learn about key price movements and trends affecting major altcoins like XRP, Cardano, Solana, and Polkadot.

Explore the latest developments as Indian regulators consider imposing a GST on crypto assets, potentially ranging from 18% to 28%, and their efforts to classify cryptocurrencies within the existing legal framework.

India's Finance Ministry is considering a comprehensive GST plan for crypto assets, potentially imposing indirect taxes between 18-28%. This move aims to clarify crypto's legal status and prevent revenue loss.

Major Japanese gaming companies are embracing blockchain technology and NFTs, signaling a long-term vision for mainstream adoption of Play-to-Earn gaming.

Litecoin's value dropped significantly on Monday, marking its biggest one-day percentage loss since May. The cryptocurrency fell to $50.37, down 12.14%, with its market cap slipping to $3.725 billion.

Explore how the Metaverse is transforming the fashion industry, with a projected market value of $50.37 billion by 2026, and the innovative ways brands are leveraging this digital frontier.

Discover how Metaverse companies successfully integrated NFTs into Minecraft, despite Mojang Studios' opposition, and the implications for blockchain gaming.

Avichal Garg, CEO of Electric Capital, discusses the potential of NFTs to drive mainstream crypto adoption through their cultural relevance.

Panda DAO has introduced a proposal to dissolve its operations and redistribute assets to investors, outlining a detailed plan for token distribution and project closure.

Discover how classic games like Solitaire, Snake, and Counter-Strike are now part of the play-to-earn (P2E) revolution, enabling gamers to earn Satoshis through the Lightning Network.

Ripple seeks a legal resolution in its ongoing case with the SEC, arguing against XRP being classified as a security.

Ripple's XRP token experiences volatility, dropping over 1% on Sept. 19, as markets weigh the outcome of its legal battle with the SEC.

Discover the latest developments in Russia's digital currency bill, focusing on infrastructure, mining regulations, and business flexibility.

The S&P 500 and Nasdaq Composite index suffered significant losses this week, driven by fears of aggressive Federal Reserve monetary policy and potential recession risks. Bitcoin, closely correlated with the S&P 500, is on track for a 9% weekly decline, raising concerns for the cryptocurrency market.

Discover how Saudi Arabia is making history by hosting its 92nd National Day celebration on the Decentraland metaverse platform, showcasing its rich culture and heritage.

The SEC and Ripple Labs have filed motions for a summary judgment to determine if XRP sales violated U.S. securities laws.

Discover the latest developments in the Shiba Inu ecosystem, including the Shiba Eternity game launch, increased burn rates, and SHIB's price performance.

Discover how Solana outperformed Ethereum in daily transactions during the second quarter of 2022, despite challenges.

South Korea's Ministry of Science and ICT (MSIT) announces new guidelines to support the Metaverse ecosystem, moving away from traditional gaming regulations.

South Korean authorities have requested an Interpol red notice for Do Kwon, co-founder of the collapsed Terra/Luna cryptocurrency network, as they allege he is on the run.

LootMogul, a pioneering Sports Metaverse startup, has secured a $200 million investment commitment from Gem Global Yield to fuel its metaverse development.

Do Kwon addresses rumors about his whereabouts as South Korean authorities issue an arrest warrant.

Discover the latest developments in Terra LUNA Classic (LUNC) and LUNA prices after the arrest warrant for Do Kwon and their impact on the crypto market.

South Korean prosecutors have requested an Interpol red notice for Terraform Labs founder Do Kwon, alleging he is evading authorities amid the TerraUSD and Luna token collapse investigation.

Explore how blockchain technology is poised to revolutionize e-commerce, making cryptocurrency payments as common as traditional methods like PayPal and Visa.

The FCA has issued a warning against FTX, stating the cryptocurrency exchange is operating in the UK without proper authorization. This move comes amid tightening regulations on crypto firms.

The US government has unveiled its first-ever crypto framework, outlining key directions for digital asset regulation, including central bank digital currencies (CBDCs).

The US equities and cryptocurrency markets are expected to remain volatile as traders anxiously await the Federal Reserve's next rate hike decision on September 20-21. Analysts predict a 75 or 100 basis point increase, with potential implications for Bitcoin and altcoins.

The U.S. Treasury Department has published three key documents outlining its approach to digital assets, focusing on consumer protection, market integrity, and illicit finance risks.

WazirX, a leading Indian cryptocurrency exchange, has announced the delisting of USD Coin (USDC) and other stablecoins, converting remaining balances to Binance USD (BUSD).

Explore the main challenges hindering Web3 adoption and the necessary solutions for its growth.

XRP experiences its largest one-day percentage loss since May 11, dropping 10.17% to $0.34756. Bitcoin and Ethereum also saw significant declines, with Bitcoin down 8.06% and Ethereum falling 11.04%.