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Logo of telegram channel insiderprodigest — iHodl.com
Channel address: @insiderprodigest
Categories: Cryptocurrencies
Language: English
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Description from channel

A roundup of key news in Blockchain and cryptocurrency market
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The latest Messages 3

2021-09-03 20:01:00 US Authorities Open Investigation Into Uniswap Labs

The US Securities and Exchange Commission (SEC) has opened an investigation into Uniswap Labs, the developer of the largest decentralized crypto exchange of the same name;

State Watchdogs Aim at Crypto Firms Over Interest-bearing Accounts: Report

State financial regulators have reached out to cryptocurrency companies over their interest-paying business, Bloomberg has learned;

JPMorgan Warns Altcoins and NFTs Are Overvalued

Analysts at banking conglomerate JPMorgan have said the prices of some altcoins and non-fungible tokens (NFTs) have recently exceeded reasonable limits;

Ex-CFTC Chair Leaves BlockFi Board of Directors

Christopher Giancarlo, a former chairman of the US Commodity Futures Trading Commission (CFTC), has left BlockFi as the company came under scrutiny over its interest accounts.

Market Cap at 17.00 (UTC) - $2.292 trillion

BTC $50,517.23 (+1.90%)
ETH $3,971.36 (+5.07%)
ADA $2.99 (+0.8%)
BNB $493 (+1.43%)
XRP $1.30 (+3.53%)

Mining Profitability

BTC $0.35 for 1 TH/s
ETH $0.17 for 1 MH/s
LTC $4.89 for 1 GH/s
BCH $0.42 for 1 TH/s
DASH $0.03 for 1 GH/s
24 views17:01
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2021-09-02 20:00:26 Vitalik Buterin Suggests Changing Dogecoin Algo

The Ethereum co-founder Vitalik Buterin has proposed changing the altcoin's consensus algorithm to the proof-of-stake;

Twitter Exploring Bitcoin Donates for Content Creators: Report

Twitter might be testing a new feature that allows users to tip content creators with bitcoin, MacRumors has learned;

Cardano Price Reaches All-time High

The value of Cardano has hit a new all-time high at $3.09 today. The cryptocurrency gained 7.82% over the past 24 hours;

Russia's Ponzi Scheme Received Over $1.5B in Bitcoin: Chainalysis

Russia's Ponzi scheme called Finiko has accumulated over $1.5 billion worth of bitcoin between December 2019 and August 2021 in over 800,000 deposits.

Market Cap at 17.00 (UTC) - $2.228 trillion

BTC $49,660.04 (+4.63%)
ETH $3,780.19 (+5.24%)
ADA $2.97 (+4.74%)
BNB $485.77 (+1.38%)
XRP $1.26 (+5.84%)

Mining Profitability

BTC $0.41 for 1 TH/s
ETH $0.16 for 1 MH/s
LTC $4.15 for 1 GH/s
BCH $0.36 for 1 TH/s
DASH $0.03 for 1 GH/s
93 views17:00
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2021-08-31 19:00:36 NFT Marketplace OpenSea Trading Volume Exceeds $3B Since Early August

Non-fungible token (NFT) marketplace OpenSea has reached a trading volume of $3.11 billion over the past month, according to data provided by DappRadar;

Billionaire John Paulson Sees Crypto as Limited Supply of Nothing

Cryptocurrencies and bitcoin represent nothing more but a limited supply of nothing, John Paulson said in an interview with Bloomberg;

Polychain Capital Leads $22M Investment Round in Parallel Finance

Parallel Finance, a Polkadot-based decentralized finance (DeFi) protocol, has completed a Series A funding round in which it has raised a total of $22 million;

Blockchain.com Hits $1T in Crypto Transactions

Blockchain.com, a cryptocurrency custodian & exchange service, has announced it has surpasses over $1 trillion in cryptocurrencies transacted on its platform.

Market Cap at 17.00 (GMT) - $2.091 trillion

BTC $47,320.58 (-0.86%)
ETH $3,384.27 (+6.48%)
ADA $2.76 (-0.8%)
BNB $468.79 (+0.33%)
XRP $1.13 (+1%)

Mining Profitability

BTC $0.34 for 1 TH/s
ETH $0.14 for 1 MH/s
LTC $4.14 for 1 GH/s
BCH $0.36 for 1 TH/s
DASH $0.03 for 1 GH/s
131 views16:00
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2021-08-30 19:00:46 DeFi Project Cream Finance Loses $18 Million in Hacker Attack

Hackers have attacked the DeFi project Cream Finance with flash loans. As a result, the protocol has lost $18 million in ether;

Square to Build Bitcoin DEX

Twitter Co-founder Jack Dorsey's digital payments platform Square is planning to develop its own decentralized exchange (DEX) for bitcoin;

OpenSea's 37 Employees Handle 98% of All NFT Volumes

OpenSea, the most popular non-fungible token (NFT) marketplace, is reportedly looking to expand its team of 37 employees because of the increasing demand for NFTs;

SEC Partners With AnChain.AI to Supervise DeFi Activity

The US Securities and Exchange Commission (SEC) has signed a partnership agreement with AnChain.AI to supervise the activity on the decentralized finance market.

Market Cap at 17.00 (GMT) - $2.060 trillion

BTC $47,780.16 (-1.34%)
ETH $3,178.19 (-0.42%)
ADA $2.8 (-2.35%)
BNB $468 (-3.3%)
XRP $1.12 (-1.4%)

Mining Profitability

BTC $0.33 for 1 TH/s
ETH $0.12 for 1 MH/s
LTC $4.03 for 1 GH/s
BCH $0.31 for 1 TH/s
DASH $0.03 for 1 GH/s
120 views16:00
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2021-08-27 19:00:48 People's Bank of China Urges to Stay Away From Cryptocurrencies

Yin Yuping, Deputy Head of the Financial Services Consumer Protection Department at the People's Bank of China, has urged citizens to protect their pockets because bitcoin is not legal tender and has no real value;

Taiwan Chipmaker to Increase Prices by 20%, Bitmain Says

Taiwan chipmaking giant Taiwan Semiconductor Manufacturing Company will increase prices for all semiconductor processes by 20% starting immediately;

Central Bank of Cuba Regulates Use of Virtual Assets for Commercial Transactions

The Central Bank of Cuba has published a new resolution regulating both the use of digital assets in commercial transactions and the licensing process for companies offering crypto-related services;

Billionaire Nixon's Seek Capital Family Office to Increase Crypto Holdings

Billionaire Simon Nixon's Seek Capital Family aims to increase exposure to cryptocurrencies as wealthy families are speeding up with investments in crypto.

Market Cap at 17.00 (GMT) - $2.076 trillion

BTC $48,152.96 (+2.73%)
ETH $3,247.30 (+4.21%)
ADA $2.88 (+11.80%)
BNB $497.47 (+1.75%)
XRP $1.16 (+5.3%)

Mining Profitability

BTC $0.36 for 1 TH/s
ETH $0.11 for 1 MH/s
LTC $4.3 for 1 GH/s
BCH $0.34 for 1 TH/s
DASH $0.03 for 1 GH/s
152 views16:00
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2021-08-26 19:01:03 Morgan Stanley Increases Investment in Grayscale Bitcoin Trust

Financial conglomerate Morgan Stanley has invested in the Grayscale Bitcoin Trust (GBTC) through several funds available to its clients;

TikTok Starts Censuring Crypto Content

TikTok has started removing cryptocurrency-related content from its platform as the company recently updated its branded content policy;

Bitcoin Mining Difficulty Increases by More Than 13%

The difficulty of mining the largest crypto on the market has increased by 13.24% to 17.62T, according to the latest recalculation results available on BTC.com;

FCA Confirms Binance Complied With Requirements, Still Banned in UK

While Binance indeed enhanced its regulatory policy by mandating all users to pass the KYC verification, the UK's watchdog says the exchange is still not permitted to undertake any regulated activity in the UK.

Market Cap at 17.00 (GMT) - $2.016 trillion

BTC $47,020.07 (-2.73%)
ETH $3,125.71 (-1.93%)
ADA $2.60 (-5.13%)
BNB $487.79 (-2.9%)
XRP $1.1 (-4.69%)

Mining Profitability

BTC $0.32 for 1 TH/s
ETH $0.11 for 1 MH/s
LTC $4.2 for 1 GH/s
BCH $0.37 for 1 TH/s
DASH $0.03 for 1 GH/s
126 views16:01
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2021-08-25 19:00:42 Citigroup to Enter Bitcoin Futures Market

Financial conglomerate Citigroup is awaiting the approval from regulators to launch BTC futures trading on the Chicago Mercantile Exchange;

Paxos Rebrands Its Stablecoin as Demand for US-backed Token Grows Rapidly

Paxos has announced that its native stablecoin called paxos standard (PAX) will now be known as pax dollar (USDP);

Bloomberg: SEC to Approve Bitcoin ETF in October

The abrupt withdrawal by VanEck and ProShares of their applications for the creation of an Ethereum ETF increases the chances of a bitcoin ETF being approved;

Celsius Reaches $20B AUM With 1M Users

Celsius has announced that the amount of assets under its management has crossed the $20 billion mark in less than a year.

Market Cap at 17.00 (GMT) - $2.073 trillion

BTC $48,410.45 (+0.01%)
ETH $3,186.35 (-1.42%)
ADA $2.73 (+0.84%)
BNB $500.98 (+4.6%)
XRP $1.16 (-2.04%)

Mining Profitability

BTC $0.38 for 1 TH/s
ETH $0.11 for 1 MH/s
LTC $4.23 for 1 GH/s
BCH $0.41 for 1 TH/s
DASH $0.04 for 1 GH/s
132 views16:00
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2021-08-24 19:00:52 MicroStrategy Invests Another $177 Million in Bitcoin

MicroStrategy, a NASDAQ-listed analytics software provider, has acquired an additional 3,907 BTC worth about $177 million on August 24. As a result, the company now holds a total of 108,992 BTC;

El Salvador to Launch Bitcoin Wallet on September 7

El Salvador's President, Nayib Bukele, has announced the release date for the country's own bitcoin wallet;

Grayscale's Investments in ETH Exceed $10B

The assets under management of the Grayscale Ethereum Trust have exceeded $10 billion or about 3 million ethers at the current market price;

USDC to Convert Reserves 'Entirely' in Cash & US Govt Treasuries

Circle, a company behind the USD coin (USDC) stablecoin, wants to leave doubts on its collateral behind as the company plans to convert all its reserves entirely in cash and short-duration US government treasuries.

Market Cap at 17.00 (GMT) - $2.080 trillion

BTC $48,475.45 (-2.22%)
ETH $3,218.37 (-3.34%)
ADA $2.70 (-6.67%)
BNB $475.18 (-4.51%)
XRP $1.19 (-4.48%)

Mining Profitability

BTC $0.38 for 1 TH/s
ETH $0.1 for 1 MH/s
LTC $4.34 for 1 GH/s
BCH $0.39 for 1 TH/s
DASH $0.04 for 1 GH/s
115 views16:00
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2021-08-23 19:15:52 PayPal Starts Offering Crypto Services to UK Customers

Payments company PayPal has started offering its UK customers the option to buy, store and sell cryptocurrencies;

Liquid Sees MPC Breach As Main Reason Behind $90M Hack

The company said that the MPC wallet used by its Singapore subsidiary Quoine Pte was the main target for the hacker;

Binance to Attract Government Funding From Singapore at $200B Valuation

Crypto exchange Binance plans to attract investment and protection from government funds at a valuation of $200 billion;

10T Holdings and Akuna Capital Back Deribit Crypto Exchange

10T Holdings, a growth equity fund, and Akuna Capital, a trading firm, have become shareholders of cryptocurrency derivatives exchange Deribit.

Market Cap at 17.00 (GMT) - $2.142 trillion

BTC $49,794.87 (+2.75%)
ETH $3,138.77 (+5.22%)
ADA $2.89 (+13.6%)
BNB $496.71 (+12.63%)
XRP $1.25 (+4.81%)

Mining Profitability

BTC $0.41 for 1 TH/s
ETH $0.09 for 1 MH/s
LTC $4.42 for 1 GH/s
BCH $0.40 for 1 TH/s
DASH $0.04 for 1 GH/s
126 viewsedited  16:15
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2021-08-20 19:01:06 Binance Introduces Mandatory Verification For All its Users

Starting this Friday, all new users of the platform must complete an intermediate verification if they want to gain access to Binance's tools and options, including the ability to trade as well as make deposits and withdrawals;

Canadian Financial Watchdog Accuses OKEx's Operator of Breaking Securities Law

The agency says the firm violated Ontario securities law and did not cooperate fully with enforcement staff;

Coinbase to Spend $500 Million on Cryptos

US crypto exchange Coinbase plans to spend around $500 million on cryptocurrencies and will invest part of the company's proceeds in cryptos in the future;

Wells Fargo Registers Bitcoin Fund with NYDIG

The so-called FS NYDIG Bitcoin Fund is reportedly passive and has no sales yet.

Market Cap at 17.00 (GMT) - $2.081 trillion

BTC $48,373.39 (+6.1%)
ETH $3,289.1 (+7.84%)
BNB $421.68 (+4.73%)
ADA $2.53 (+19.11%)
BNB $447.05 (+6.28%)

Mining Profitability

BTC $0.4 for 1 TH/s
ETH $0.10 for 1 MH/s
LTC $4.53 for 1 GH/s
BCH $0.39 for 1 TH/s
DASH $0.03 for 1 GH/s
162 views16:01
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