Founders Of 3AC Speak Out On Their Disappearance
The disgraced creators of Three Arrows Capital opened up about the terrible demise of their once-flying hedge fund after spending five weeks in hiding. They said that the reason they went undiscovered was that they had received threats to their life. According to Bloomberg, Su Zhu and Kyle Davies, both 35 years old, asserted on…
F1 Teams Told to Remove Crypto-related Ads in the French Grand Prix
Although the cryptocurrency industry and its digital assets, such as Bitcoin (BTC), are becoming more and more well-known, certain governments are still undecided about whether or not to allow direct consumer advertising, particularly in France, where crypto advertisements are subject to rigorous rules. Indeed, as RacingNews365’s Dieter Rencken revealed on July 26, numerous Formula 1…
Binance CEO Files Suit Against Bloomberg Hong Kong for Defamation
Changpeng “CZ” Zhao, the CEO of Binance, alleges that he was defamed in a piece published by Businessweek’s Chinese language publisher in Hong Kong. According to CZ, the piece caused “distress” and “embarrassment” because of comments he made about running a “ponzi scam.” The CEO of one of the biggest cryptocurrency exchanges in the world…
Earn Free Crypto Through Crypto Faucets: What is a Crypto Faucet?
For transactions to be carried out and recorded on blockchains such as the Ethereum Mainnet, fees denominated in the cryptocurrency units of the blockchain must be paid. The native coin of the Ethereum blockchain, Ethereum (ETH), can be purchased through exchanges and be used to cover transaction fees. On test networks like Rinkeby and research…
AXS Forming an ‘Cup and Handle’ Pattern, a Breakout Incoming?
Since the last few days, Axie Infinity (AXS) has been creating a massive bullish reversal pattern that might drive its prices higher. The pattern, also known as the “cup and handle,” is distinguished by a broad crescent form followed by a small upward retracement. It usually ends when the price breaks above the cup-and-handle’s neckline…
NFTs Trading Volume Declined 74% from May to June
Data shows that the trading volume for non-fungible tokens (NFTs) between May and June decreased by 74%. The May trade volume was $4 billion, whereas June saw $1.04 billion. The previous low was 48 percent, which happened during March and February this year. The current dip in NFT marketplace trade volume is the greatest month-over-month…
Andorra, an European Nation, Has Passed Act to Regulate Digital Assets
Andorra, a tiny European nation between France and Spain, is a glimmer of progress. The General Council of Andorra, the nation’s government, recently gave the Digital Assets Act, a legal framework for virtual currencies and blockchain technology, its blessing. There are two sections to the act. The first is developing “programmable digital sovereign money,” or…
Yahoo Hong Kong Will Introduce Pet-related NFTs
BetterMe Magazine, a Yahoo Hong Kong online publication, revealed on Monday that its first NFTs project, widely known as “City Frenchie,” will debut on July 21. Many pet owners compare having a pet to having a child. They see their pets as a family member, so they should be treated with care and amusement. In association…
Bitcoin Price Analysis: Bitcoin Must Not Drop Below $22,000
As of July 24, Bitcoin (BTC) was holding steady at $22,000, and bulls were still hoping for a strong weekly close in the green. Price Concentration Levels at Weekend According to data from TradingView, BTC/USD stopped falling over the weekend at $21,900 and started to move back toward $23,000. The pair maintained a trading range…
Launch of the Final Fantasy VII NFT Collection Announced by Square Enix
Square Enix, the company behind the Final Fantasy video game series, has revealed intentions to launch a non-fungible token (NFT) initiative associated with the game series. Collaboration with NFT marketplace Enjin will create and release a collection of Final Fantasy VII NFT. On Enjin’s Efinity blockchain, the collection will include the 25th Anniversary cards and…