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Top Cryptic Threadz News News

Hackers stole $100 million in latest crypto theft
US & Canada · Washington

Hackers stole $100 million in latest crypto theft

54% Center coverage: 24 sources
Harmony joins a long list of cryptocurrency firms that have been plundered by hackers. Hackers hit a program that allows for the transfer of cryptocurrency. This year alone, hackers have stolen over $1 billion from cryptocurrency bridges. It's unclear who looted Harmony's digital coffers.See the Story
Crypto broker Voyager Digital issues default notice to Three Arrows Capital
Business

Crypto broker Voyager Digital issues default notice to Three Arrows Capital

62% Center coverage: 8 sources
Crypto exchange Voyager Digital has issued a notice of default to hedge fund Three Arrows Capital (3AC) for its failure to pay its 15,250 Bitcoin (BTC) and 350 million USD Coin (USDC) loan disclosed in a previous statement. The exchange noted that it's currently exploring "legal remedies" that are available with its advisors. Voyager disclosed that the firm has $137 million in cash and crypto as of June 24, 2022.See the Story
Nifty News: Yuga Labs breaks silence, X2Y2 outpaces OpenSea and more…   By Cointelegraph
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Nifty News: Yuga Labs breaks silence, X2Y2 outpaces OpenSea and more… By Cointelegraph

100% Center coverage: 2 sources
Yoga Labs has finally broken its silence over the conspiracy theory that alleges the team embedded alt-right and Nazi memes/imagery into the artwork and branding behind the Bored Ape Yacht Club. The BAYC conspiracy theory was once again brought into the limelight on June 20 after YouTuber Philion published a video exploring the supposed evidence that artist Ryder Ripps initially compiled at the start of this year.See the Story

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Bitcoin

Central African Republic president launches crypto initiative following Bitcoin adoption By Cointelegraph

100% Center coverage: 2 sources
President Faustin-Archange Touad�ra announced the CAR government would be launching Sango, a crypto initiative. The CAR plans to have a dedicated legal framework for crypto in place by the end of 2022. El Salvador also announced plans to create its town Bitcoin City funded by $1 billion worth of BTC bonds.See the Story
Cryptocurrency

China’s BSN chair calls Bitcoin Ponzi, stablecoins 'fine if regulated' By Cointelegraph

100% Center coverage: 2 sources
Yifan He, CEO of Red Date Technology, has penned a new article devoted to various kinds of cryptocurrencies and their supposed Ponzi-like nature. He also criticized the increasingly popular virtual currency concept known as X-to-earn. He is not a fan of Bitcoin or any similar cryptocurrencies himself as well.See the Story

Crypto conspiracy theories abound, but prop traders are just doing their job By Cointelegraph

100% Center coverage: 2 sources
Alameda Research is a cryptocurrency trading firm and liquidity provider founded by crypto billionaire Sam Bankman-Fried (SBF) SBF spent three years as a trader at the quantitative proprietary trading giant Jane Street Capital, which specializes in equity and bonds. In 2019, SBF founded the crypto derivatives and exchange FTX, which has quickly grown to become the fifth-largest by open interest.See the Story
Whales

BTC price tops 10-day highs as Bitcoin whale demand sees 'huge spike'

100% Center coverage: 1 sources
Bitcoin (BTC) made the most of weekend volatility on June 26 as a squeeze saw BTC/USD reach its highest in over a week. The event followed warnings that volatile conditions both up and down could return during low-liquidity weekend trading. On-chain data nonetheless fixed what appeared to be buying by Bitcoin's largest-volume investor cohort prior to the uptick.See the Story
Economy

ANZ’s stablecoin used to buy tokenized carbon credits

Coverage: 2 sources
ANZ's stablecoin A$DC has been used to buy Australian tokenized carbon credits. In March, the bank became the first major Australian financial institution to mint its own stablecoin. ANZ ruled out offering any crypto exposure to retail investors due to their lack of financial literacy.See the Story

'Crypto is just like the end of the 90s with the internet bubble,' says Hodl CEO Maurice Mureau By Cointelegraph

100% Center coverage: 2 sources
Maurice Mureau, CEO of crypto investment fund operator Hodl, gave his insight on the outlook of the digital assets investment landscape. He reiterated that there would be only 21 million Bitcoin in existence with no more printing. Currently, digital assets represent as little as 0.12% of all financial assets outstanding.See the Story

‘Smear campaign’: Nexo responds to accusations of stealing donations, siphoning funds from charity

100% Center coverage: 1 sources
Cryptocurrency lending platform Nexo has issued a cease and desist notice to a pseudonymous Twitter account. The account claims Nexo's co-founders stole funds from the Bulgarian charity HelpKarma to buy real estate and fund personal travel. Nexo says the claims are untrue and defamatory.See the Story

Cardano Formed This Pattern On Its Chart, Where Is The Coin Headed? - Cryptic Threadz News

Price of Cardano has steadied itself at the $0.51 price level. Over the last 24 hours, the coin rose close to 6% and in the last week, ADA secured a 12% gain. Buying strength had grown over the past few trading sessions, however, if ADA continues to remain at the current price mark then buyers can exit.See the Story

Dogecoin Has Formed A Bullish Reversal Pattern, What's Next? - Cryptic Threadz News

Dogecoin has been experiencing rigid resistance at the $0.07 level. The global cryptocurrency market cap today is $979 Billion with a 2.9% fall in the last 24 hours. On the shorter time frame, DOGE has lost some of its market value. It could be possible that over the immediate trading sessions, the coin could recover.See the Story

Bitcoin Mayer Multiple Records Lower Value Than Last Cycle's Low - Cryptic Threadz News

The Bitcoin Mayer Multiple has recently sunk to a lower value than the bottom of the previous cycle. This is the first time in the history of the metric that such a trend has formed. Bitcoin's price floats around $21.2k, up 3% in the past week.See the Story

Bitcoin Monthly Tags Lower Bollinger Band, Tool's Creator Hints At Bottom - Cryptic Threadz News

Unprecedented Bitcoin Price Action Taps Monthly Bollinger Band For First Time In History. Never in the past has the top cryptocurrency by market cap retested its former all-time high this way. Bollinger Bands are a technical analysis tool that can help to measure and predict volatility.See the Story

Bogged Now Supports Credit Cards - Cryptic Threadz News

Bogged is among the biggest multi-chain decentralized exchange aggregators on the market. Bogged has witnessed a 52% increase in users and 108% in transaction volume last week. By buying crypto tokens with their credit card, users get seamless and quick access to the DeFi world.See the Story

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