Bitcoin Crypto Signals

2022-05-10 14:27:27 Bitcoin Crypto Signals pinned a photo Open / Comment

2022-05-10 14:27:22 Bybit's Deposit Blast-Off is Back — Get Up to $3,000 in Bonuses

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2022-05-10 13:41:02 Cardano Adoption Surges As Number of ADA Wallets Breaks New All-Time High

New data shows that Ethereum challenger Cardano (ADA) is seeing a surge in adoption with the number of ADA wallets hitting a new all-time high despite a shaky April for the smart contract platform.A new report by CryptoCompare shows that the number of addresses holding Cardano rose to a record high last month amid a significant surge in the number of hodlers, or entities that have kept their ADA stacks untouched for over a year.

Although the number of addresses with an ADA balance continues to grow, CryptoCompare points out that user activity on Cardano is starting to lose steam.Looking at Cardano’s developer statistics, the firm highlights that the number of GitHub commits for the eighth-largest crypto project has slightly increased from 5,623 in March to 5,723 in April while the total number of contributors remained steady at 111.Cardano is changing hands at $0.780 at time of writing.

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2022-05-09 12:55:04 Cardano Metaverse Project Cardalonia Launches Seed Token Sale, Set To Kick Off Land Pre-Sale Whitelisting

Cardalonia, a Cardano Metaverse Challenge constructing a creator centric Metaverse on the Cardano blockchain that can join creators, builders, asset creators and artists and play to earn lovers by an interactive and curated Metaverse expertise.

Cardalonia launches the seed sale of its $LONIA Governance token. The seed sale comes after a private pre-seed funding and launch of the Cardalonia Play to earn idea on the Cardano blockchain.Cardalonia seed sale is at present on-going and can current a possibility to buy Cardalonia tokens at decrease entry factors. Along with getting Cardalonia (LONIA) tokens at a decrease fee, consumers can even earn an computerized early entry to the upcoming Terrania (Cardalonia Land) NFT drop.

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2022-05-08 13:04:02 Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack

The United States Treasury Department Office of Foreign Assets Control (OFAC) announced Friday that it was sanctioning cryptocurrency mixer Blender.io for its role in laundering proceeds from the hacking of Axie Infinity's Ronin Bridge. North Korean state-sponsored hackers Lazarus Group have been identified as the perpetrators of the attack.

According to OFAC, Blender.io processed $20.5 million out of approximately $620 million stolen from the Vietnam-based play-to-earn game in the form of roughly 173,600 Ether (ETH) and 25.5 million USD Coin (USDC). OFAC also found during its investigation that Blender.io had facilitated money laundering for Russia-linked ransomware groups including Trickbot, Conti, Ryuk, Sodinokibi and Gandcrab.

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2022-05-07 16:05:05 Typo Moves $36M in Seized JUNO Tokens to Wrong Wallet

An unprecedented community vote last week was supposed to seize millions of dollars’ worth of JUNO tokens from the wallet of a whale (large investor) accused of gaming a community airdrop. Rather than send the funds to an address controlled by the Juno community, as originally planned, a programming mix-up sent the funds to the wrong address on Wednesday.

The promise of blockchain-based governance is that the will of a community is directly codified on-chain. In a world where “code is law,” a simple community vote should have been enough to move tokens from one specific blockchain address to another.And yet, the failure of several human-controlled safeguards this week shows how code-centric governance has yet to live up to its heady promise.

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2022-05-06 14:41:02 Crypto Company Sues a 79-year-old For Wormhole.com Domain

A 79-year-old Sci-Fi enthusiast was recently sued by Jump Crypto for a domain he owned. Here's what happened.Jump Trading is a giant algorithmic trading company that has a massive crypto arm called Jump Crypto. They, in turn, have a significant stake in Wormhole, a crypto platform that allows you to make transactions between blockchains like Solana and Ethereum.

Unsurprisingly, Jump tried to acquire "wormhole.com". Who doesn't love a great .com domain name?The domain name belonged to a 79-year-old Dick Merryman who loved Carl Sagan Sci-Fi novels. He registered the domain name "wormhole.com" in 1994 and has been using it for his personal email ever since.In 2021, the team at Jump reached out to Merryman via a 3rd party broker to offer a laughable $2500 for the domain name. A lowball even Gary Vee would be proud of.Merryman, of course, declined the offer saying that the price is a "firm $50,000".

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2022-05-05 09:09:02 After Massive Community Backlash CryptoCom Will Revise Recent Reward Staking Changes

CryptoCom will reconsider its reward system to resolve the disapproval among its community, CEO Kris Marszalek assured.Kris Marszalek – CEO of the digital asset exchange CryptoCom – said the community did not welcome the company’s decision to cut card rewards. As such, the platform will revise the reward system to find an appropriate solution.

The cryptocurrency exchange CryptoCom made an important announcement yesterday (May 2), informing it will cut down Cronos (CRO) rewards on card usage. Users with lower-tier cards, including the Midnight Blue and Ruby Steel, will get 0% on CRO rewards, while those with the highest level – Obsidian – will receive 2%.In addition, the company noted that its monthly bonuses for the lower-tier cards will be capped between $25 and $50. At the same time, higher-tier ones will have no monthly rewards cap.

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2022-05-04 19:10:02 The Ripple-SEC legal brawl could be a game-changer for crypto

The industry has gone through dramatic changes since the SEC sued in 2020, from the industry's rapid growth and the rise of new players and new asset types like NFTs to heightened regulatory and political scrutiny of crypto in key markets including the U.S., Europe, China and the U.K. The Ripple lawsuit "Is an indictment of the SEC's regulation-by-enforcement approach," Alderoty told Protocol.

The SEC argues that XRP is essentially an "Illegal securities offering" and that Ripple did not provide "The type of financial and managerial information" required by law.Ripple has consistently rejected the SEC's argument about XRP, which it maintains is a utility token for payments, not a speculative asset; that it was issued prior to Ripple's founding; and that Ripple never sold XRP as an investment.

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2022-05-04 09:50:02 Insights and Breaking News on Bitcoin and the whole ecosystem.

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