CoinEfficiency

News Articles for 2022-10-18

Browse daily crypto market news articles

3AC Liquidators Seek Court Approval for Alternative Subpoena of Founders

Liquidators for Three Arrows Capital have requested a U.S. court to allow them to subpoena the hedge fund's founders through alternative means, as their whereabouts remain unknown.

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A Comprehensive Guide to Cryptocurrency Mining

Discover the essentials of cryptocurrency mining, including the process, hardware requirements, and step-by-step setup guide.

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ADA’s Price Shows Resilience with Slight 24-Hour Gain

Cardano's ADA token sees a modest 24-hour price increase, despite a weekly decline, as it approaches key resistance levels. Discover the potential upside and market sentiment surrounding ADA.

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Ankr (ANKR) Surges 24% After Becoming Aptos Blockchain RPC Provider

Ankr (ANKR) has become one of the first RPC providers for the Aptos blockchain, driving a 24% price surge. Learn more about this integration and its impact on the market.

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Aptos Launches Mainnet: A New Layer-1 Blockchain with Ambitious Goals

Aptos Labs, founded by ex-Meta employees, has officially launched its mainnet, aiming to solve the Blockchain Trilemma with its unique approach and features.

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Aptos Launches Mainnet Amid High Expectations and Mixed Reception

Aptos, a highly anticipated layer-1 blockchain, has officially launched its mainnet after four years of development and significant investment.

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Azuki Launches Physical Backed Token (PBT) with BEAN Chip for 'Scan to Own' Feature

Azuki introduces the Physical Backed Token (PBT), an open-source standard linking physical items to digital tokens on Ethereum, featuring the BEAN Chip for secure ownership verification.

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Binance Addresses Retrieval Fees for Cross-Network Crypto Transactions

Binance discusses retrieval fees for crypto sent on mismatched networks during a Reddit AMA session.

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Bitcoin and Ethereum Show Positive Momentum as Prices Rise

Bitcoin and Ethereum exhibit a strong start to the week with price increases, signaling potential market recovery.

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Bitcoin Outflows Surge, Hinting at Weakening Sell Pressure and Potential Price Support

Recent data shows a significant increase in Bitcoin outflows from exchanges, suggesting reduced sell pressure and a potential floor in the bear market.

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Bitcoin Price Analysis: BTC Struggles to Break $20,500 Resistance Amid Weakening Support

Bitcoin's recent price action shows a struggle to overcome the $20,500 resistance level, with bears gaining strength. The upcoming $510 million options expiry could be a critical factor in determining BTC's short-term trajectory.

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Bitcoin Price Stability Hints at Pending Volatility: Market Analysis

The Bitcoin market has shown unusual stability recently, with minimal price fluctuations. Experts suggest this calm may precede significant volatility, with Bitcoin nearing the $20,000 resistance level.

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Bitcoin Shows Resilience Amid Global Economic Turmoil

Discover how Bitcoin's performance in September suggests a potential decoupling from traditional markets and what this might mean for the blockchain industry's future.

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Bitcoin Volatility Set to Surge: Key Indicators Point to Imminent Price Move

Bitcoin's prolonged sideways trading between $18,000 and $25,000 has sparked expectations of a significant price move. Key indicators suggest that a surge in volatility is imminent.

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BitKeep Swap Hacked: 4300 BNB Stolen and Transferred to Tornado Cash

A recent cyberattack on BitKeep Swap, a Web3 multi-chain wallet, has resulted in the theft of 4300 BNB ($1.18 million), which was subsequently moved to Tornado Cash. This incident underscores the rising trend of hacking activities in the crypto industry, particularly in October 2022.

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Cardano Price Analysis: Potential Drop to $0.2800 Support Level

Cardano's ADA token is trading within a bull flag pattern, with potential to test $0.2800 support. Technical indicators suggest bearish sentiment, but RSI shows room for growth.

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Cardano vs. Solana: The Battle for Blockchain 3.0 Dominance

Explore the rivalry between Cardano and Solana as they push blockchain technology forward. Learn about their unique approaches, strengths, and challenges in the race for Web3 dominance.

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ChainSafe Secures $18.75 Million in Series A Funding to Expand Web3 Infrastructure

Canadian Web3 infrastructure company ChainSafe raises $18.75 million in a Series A funding round led by Round13, aiming to accelerate Web3 adoption.

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Challenging Crypto's Decentralization Dogma

A critical perspective on the role of decentralization in addressing societal governance issues.

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CRV's Bullish Surge: A 6.4% Increase in 24 Hours

Discover the recent market dynamics of Curve DAO Token (CRV) as it experiences a significant price increase and explores the potential for sustained bullish trends.

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Crypto Bear Market: How Long Will It Last?

Cointelegraph experts discuss the crypto bear market's potential duration and the return of market volatility.

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Crypto Funds Double Down on Bitcoin and Ether Despite Market Downturn

Despite the ongoing crypto winter, investment firms are launching exchange-traded products focused on Bitcoin and Ether, betting on their long-term potential.

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Crypto Market Digest: Major Developments and Updates

A comprehensive summary of the latest developments in the cryptocurrency market, including mainnet launches, regulatory investigations, and market rebounds.

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Crypto Podcaster Cobie Criticizes Binance and FTX for Listing Aptos

Cobie from UpOnly has criticized FTX and Binance for listing Aptos without providing tokenomics transparency, raising concerns among crypto investors and enthusiasts.

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Crypto Winter Update: Polygon (MATIC) Surpasses Shiba Inu (SHIB) in Market Cap

Discover the latest developments in the crypto market as Polygon (MATIC) overtakes Shiba Inu (SHIB) in market capitalization, highlighting their respective struggles and potential for growth amidst the crypto winter.

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Do Kwon Addresses Arrest Warrant and Interpol Red Notice in Recent Interview

Do Kwon discusses his legal challenges, including South Korean arrest warrants and Interpol’s Red Notice, in a recent interview with Laura Shin.

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England and Wales Law Commission to Review Cryptocurrency-Related International Legal Challenges

The Law Commission of England and Wales has launched a government-commissioned project to review private international legal challenges involving cryptocurrencies and digital assets.

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Ethereum Bulls Dismiss Post-Merge Censorship Claims, Highlight Network's Resilience

Ethereum advocates counter claims of increased censorship post-Merge, emphasizing the network's continued decentralization and resistance to external pressures.

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Ethereum Market Trends: Potential Lows Before Breakout

Ethereum's market trends indicate potential lows before a significant breakout, influenced by post-Merge performance and macroeconomic factors.

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Ethereum Price Surges 2.11% in 24 Hours: Key Levels to Watch

Ethereum's price has risen 2.11% over the past 24 hours, trading above key EMA lines. Learn about the bullish indicators and strategies for ETH traders.

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Ethereum's Historic Transition to Proof-of-Stake: Understanding the Merge

Discover how Ethereum's shift from proof-of-work to proof-of-stake is revolutionizing the blockchain ecosystem, enhancing energy efficiency, and impacting miners.

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EU Commissioner Calls for US to Establish Crypto Regulations

Mairead McGuinness, EU financial services commissioner, urges the US to create new regulations for the crypto industry to ensure financial stability and global coordination.

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EU Targets Crypto Miners in New Energy Digitalization Plan

The European Union has unveiled an action plan to digitalize the energy sector, focusing on reducing energy consumption, with crypto miners and the ICT sector under scrutiny.

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EU Urges Global Crypto Regulation as MiCA Progresses

The European Union calls for international cooperation to establish global crypto regulations as its MiCA framework advances.

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Food Companies Enter Web3 with Metaverse and NFT Trademarks

Major food brands are expanding into the Web3 space by filing trademarks for NFTs and the Metaverse, signaling a significant shift in their digital strategies.

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FTX and Sam Bankman-Fried Under Texas Securities Probe

Texas regulators investigate FTX over potential securities violations, impacting FTX Token price and acquisition plans.

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FTX CEO Accused of Pushing for Federal BitLicense Amid Crypto Community Backlash

Ben Armstrong claims Sam Bankman-Fried is advocating for a federal BitLicense, sparking debate in the crypto community about decentralization and regulation.

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FTX Targets Institutional Investors in UAE After VARA Approval

FTX expands into the Middle East with a focus on institutional investors following regulatory approval from the Virtual Assets Regulatory Authority (VARA) in Dubai.

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Funds Double Down on Bitcoin and Ether with Over 180 New ETPs

Despite the crypto market downturn, investment firms are launching record numbers of exchange-traded products (ETPs) focused on Bitcoin and Ether, signaling long-term confidence in these digital assets.

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Interpol Establishes Dedicated Division to Combat Cryptocurrency Crimes

Interpol is forming a specialized unit in Singapore to tackle cryptocurrency-related crimes, enhancing global efforts to combat digital asset offenses.

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Klay Thompson Launches 'Grails' NFT Collection with Binance

Golden State Warriors star Klay Thompson partners with Binance NFT to release the 'Klay Thompson Grails' NFT collection, featuring exclusive sports memorabilia.

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Mango Markets DAO Proposes Reimbursement Plan Following $114 Million Exploit

Mango Markets DAO, a Solana-based decentralized exchange, has proposed a reimbursement plan for victims of a $114 million exploit. The plan follows a controversial deal with the attacker, who returned $67 million and kept $47 million as a bounty.

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Mango Markets Exploiter Claims Legality Amid Controversy

The individual behind the $117 million Mango Markets exploit defends their actions as legal, but legal experts warn of potential consequences.

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Matter Labs Integrates Validity Proofs into zkSync Testnet Ahead of Mainnet Launch

Matter Labs advances Ethereum scaling with the integration of validity proofs into its zkSync public testnet, marking a critical milestone before the mainnet launch of its zkEVM solution.

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Metalands GameFi Project: Recent Updates and Developments

Discover the latest updates to Metalands, a blockchain-based FPS GameFi project, including new features, NFT integrations, and improvements to enhance gameplay.

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Mirna Develops Blockchain-Based VAT Platform for Oman

Egyptian engineer Mirna Mohammed pioneers a blockchain VAT accounting platform approved by Oman's Ministry of Higher Education, highlighting the technology's potential and the growing role of Arab women in blockchain innovation.

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Polygon Sees Remarkable Growth in dApps and Ecosystem Expansion

Discover how Polygon's ecosystem has expanded significantly, with a surge in dApps, developer activity, and adoption by major Web 2.0 and Web 3.0 companies.

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Ripple Explores Ethereum Compatibility with XRP Ledger Sidechain

Ripple's new XRP Ledger sidechain test phase aims to enable interaction with Ethereum-compatible decentralized applications, enhancing interoperability.

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Ripple Launches EVM-Compatible Sidechain on XRP Ledger for Enhanced Interoperability

Discover how Ripple's new EVM-compatible sidechain on the XRP Ledger (XRPL) enhances blockchain interoperability, enabling Ethereum smart contracts and faster transactions.

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SEC and CFTC Investigate Three Arrows Capital for Misleading Investors

U.S. regulators are probing crypto hedge fund Three Arrows Capital (3AC) over alleged misrepresentation of its financial health and failure to register.

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Shopify Partners with Novel to Bring Web3 Commerce to Merchants

Shopify collaborates with Novel to launch a no-code Web3 app, enabling merchants to adopt Web3 technologies seamlessly.

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Silvergate Capital Reports Q3 2022 Financial Results

Silvergate Capital, a leading crypto-fiat gateway network, announced its Q3 2022 financial results, revealing significant trends in transfer volumes.

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Sunny Aggarwal on the TerraLUNA Collapse and Osmosis Protocol Recovery

Explore how Sunny Aggarwal and the Osmosis protocol navigated the aftermath of the TerraLUNA collapse and their ongoing recovery efforts in the blockchain space.

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Superior: Gala Games' Highly Anticipated Blockchain Shooter Launches on Steam

Discover Superior, a revolutionary co-op shooter game by Gala Games, set to launch on Steam as an Early Access title. Learn about its features, development, and significance in the blockchain gaming space.

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The Future of Online Socialization: Web3's Role in Decentralizing Social Networks

Explore how Web3 is reshaping the future of online socialization by addressing the shortcomings of Web2 platforms, with a focus on decentralized solutions and the role of companies like CyberConnect.

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Three Arrows Capital Founders Face Regulatory Scrutiny Amid Crypto Crash Aftermath

U.S. regulators investigate Three Arrows Capital (3AC) for multiple violations following the Terra (LUNA) collapse, leaving investors with over $1 billion in debt.

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US Court May Reference UK Digital Assets Paper in Celsius Bankruptcy Case

Judge Martin Glenn considers UK's Digital Assets Consultation Paper for guidance in Celsius bankruptcy case, highlighting legal challenges in crypto cases.

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Vitalik Buterin Advocates for Tolerance of Solo Validators in Ethereum

Ethereum co-founder Vitalik Buterin weighs in on the debate over transaction censorship by solo validators, emphasizing the importance of maintaining decentralization and avoiding centralized moral judgment.

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Voyager Digital Decides Not to Sue Executives Over 3AC Loan

Voyager Digital has chosen not to pursue legal action against its top executives despite their role in approving a risky loan to Three Arrows Capital (3AC), which contributed to the company's bankruptcy.

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Walmart CTO Outlines Crypto's Role in the Future of Payments

Walmart's CTO, Suresh Kumar, discusses how cryptocurrency will play a key role in the metaverse and social media, aiming to create seamless payment experiences for customers.

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Walmart CTO Predicts Cryptocurrency Will Disrupt Future Payments

Walmart’s global CTO, Suresh Kumar, highlights cryptocurrency’s potential to transform how customers pay for goods, both physical and virtual.

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Web3 Theft Surges: National Security Concerns and Record Crypto Hacks

The rise in Web3 thefts, particularly in DeFi and cross-chain bridges, has raised significant national security concerns. Over $3 billion has been stolen in 2022, marking a 31% increase from the previous year.

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Women Economic Forum Makes History with First-Ever NFT Awards for Outstanding Women

The Women Economic Forum honored exceptional women with NFT awards, marking a historic first in digital innovation and crypto art integration.

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