Blue Cryptoverse

2022-07-22 21:32:29 236,237 BTC liquidated by large known entities since May 12th.

#ArcaneResearch

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2022-07-22 14:24:29 Three Arrows founders tell Bloomberg 'the whole situation is regrettable'

Three Arrows Capital had positioned itself for a market that “didn’t end up happening” and “the whole situation is regrettable,” co-founders Zhu Su and Kyle Davies tell Bloomberg.

The pair is heading for Dubai to avoid the “crazy people in crypto that kind of made death threats.”

Source: TheBlock

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2022-07-22 12:15:09 Kucoin will delist UMB, SNTVT, CHSB, CSP, PIVX, NIF and CARR.

We advise you to sell these tokens ASAP.

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2022-07-21 19:49:09 Ethereum Will Be “55% Complete” Post-Merge: Vitalik Buterin

Vitalik Buterin said that Ethereum was in a "long and complicated transition" phase during his presentation at the fifth edition of EthCC today.

Buterin estimated that Ethereum would only be roughly "55% complete" following its transition to Proof-of-Stake.

He added that he thought the network faces "short-term pain, long-term gain" ahead.

Source: CryptoBriefing

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2022-07-21 19:45:46 DOJ, SEC Charge Former Coinbase Product Manager With Insider Trading

Former Coinbase product manager Ishan Wahi and two others made more than $1 million trading on inside information, authorities allege.

Source: Decrypt

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2022-07-21 13:28:49 Dogecoin developers have released the Dogecoin Core 1.14.6 update, designed to improve the security and efficiency of the blockchain. The minimum transaction size has been reduced to 0.01 DOGE from the previous 1 DOGE.

Ecosystem participants were encouraged to update the software to the latest version. Elon Musk, without commenting on the Tesla bitcoin sale, reacted to the announcement of Dogecoin with the message “Updates!”.

#Dogecoin #DOGE

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2022-07-21 13:23:27 Web3 space has lost $1.48 billion to cyberattacks since January

Web3 lost a total of $1.478 billion to cyberattacks from January to May 2022, with only 4 incidents being responsible for 81%.

It smells like exit liquidity to me. I am pretty sure that the developers are behind most hacks.

They shift the responsibility to hackers, thereby freeing themselves from returning money to investors.

Source: CryptoSlate

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2022-07-21 13:07:29 Minecraft Bans NFTs, Sending One In-Game Builder’s Token Spiraling

The decision to ban blockchain integrations and NFTs resulted in a mixed response from its community of gamers.

Source: CoinDesk

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2022-07-21 13:03:02 Elon Musk: Tesla Sold Its Bitcoin Because of COVID Lockdowns in China

Tesla CEO Elon Musk explained the reason for the company’s sale of 75% of its Bitcoin holdings, worth approximately $936 million, as noted in its Q2 earnings report.

"The reason we sold a bunch of our Bitcoin holdings was that we were uncertain when the COVID lockdowns in China would alleviate," Musk said on the call. "So it was important for us to maximize our cash position, given the uncertainty of COVID lockdowns in China."

Source: Decrypt

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2022-07-11 23:14:25 A Saudi Arabia-Themed NFT Collection Is the Latest Free-to-Mint Hit

Another week, another hit collection of pricy non-fungible tokens (NFTs). The latest star? A project called The Saudis.

The collection of 5,555 NFTs, whose artwork is a derivative of the famed CryptoPunks collectibles, were free to mint on July 9 and sold out within hours.

The project’s floor price (which is the price of the cheapest edition currently for sale on the open market) is around 0.75 ether (roughly $867), after peaking at around 1.3 ETH (roughly $1,650) on Saturday.

Source: CoinDesk

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