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Visa proposes Collaborating with Ethereum on Automated Payments

Visa proposes Collaboration with Ethereum on Automated Payments

Rudolph Harmon
December 20, 2022
Ethereum
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Visa underlined its continuous interest in cryptocurrencies on Monday by issuing a paper outlining how it may one day engage with the Ethereum network on automated payments. The proposal explores the concept of ‘Account Abstraction,’ a developer proposal for Ethereum. The basic notion of this concept is to make Ethereum user accounts more like smart contracts by enabling users to …

Binance.US to Acquire Assets of Voyager of Worth $1 Billion

Rudolph Harmon
December 19, 2022
Defi
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Today, bankrupt cryptocurrency lender Voyager Digital Ltd. said cryptocurrency exchange Binance.US, the American branch of cryptocurrency exchanges Binance Ltd has agreed to buy its assets. This will pave the way for the restoration of client funds. Based on the expected fair market value of Voyager’s cryptocurrency portfolio at a predetermined future date plus $20 million in added value, the purchase …

Nigeria seeks to Legalise Bitcoin and Cryptocurrency Use

Rudolph Harmon
December 19, 2022
Defi, Bitcoin
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Nigeria is seeking to reverse its attitude toward the cryptocurrency business by pushing a bill to allow the use of bitcoin and other cryptocurrencies. Nigeria’s House of Representatives Committee on Capital Markets and Institutions chairman, Babangida Ibrahim, reportedly spoke to a local newspaper about the proposed changes to the “Investment and Securities Act 2007” that would establish Bitcoin as a …

$1M+ Bored Ape Collection Stolen by Social Engineering

Rudolph Harmon
December 19, 2022
Blockchain, NFT
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Boring Ape Yacht Club NFTs have become a crypto culture mainstay. As one of the most well-known collections in the NFT world, it has also become a popular target for fraudsters, hackers, and other unsavory characters. As the NFT sector expands, so does the sophistication of attacks and hackers. This was on full show over the weekend when a smart …

Chainlink Staking Successfully Launched; 11.1 Million LINK Staked

Teresa Bach
December 7, 2022
Defi
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The highly anticipated upgrade of Chainlink, the launch of Staking v0.1, on the Ethereum mainnet was successfully completed a few hours ago. The feature is a key component of the Chainlink Economics 2.0. Chainlink Staking aims to create stability for the ecosystem. Participants can earn rewards by staking the native LINK token to secure the network by incentivizing honest behavior. …

Ethereum And Ripple Commit Securities Fraud: Michael Saylor

Teresa Bach
December 7, 2022
Defi
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Bitcoin bull Michael Saylor notoriously doesn’t care much about altcoins, including Ripple (XRP) and Ethereum (ETH). In a most recent podcast appearance, Saylor spoke out about the classification of those cryptocurrencies as securities. In reference to the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Saylor laid out that he believes Ripple is an unregistered …

Ethereum Price Hints At Potential Correction, Buy The Dip?

Teresa Bach
December 6, 2022
Ethereum
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Ethereum failed again to settle above the $1,300 resistance against the US Dollar. ETH is moving lower and might soon test the $1,220 support zone. Ethereum attempted another upside break above $1,300, but failed. The price is now trading below $1,280 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support …

Bitcoin Price Lacking Momentum Above $17k, BTC Holders Are Safe: Here’s Why

Teresa Bach
December 6, 2022
Bitcoin
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Bitcoin price extended its increase and tested the $17,500 resistance. BTC corrected gains, but it remains well supported above the $16,800 support. Bitcoin extended its upward move above $17,100 and $17,300 resistance levels. The price is trading near $17,000 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $17,050 …

Litecoin eyes $100 after ‘rare’ LTC price breakout

Teresa Bach
December 5, 2022
Altcoin News
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Litecoin (LTC) could rise another 20% amid a rare trend reversal breakout that has already resulted in LTC outperforming most crypto assets in recent days.LTC’s not-so-bearish symmetrical triangleLTC’s price broke out of what earlier appeared to be a bearish symmetrical triangle.Symmetrical triangles are trend continuation patterns, meaning breaking out of their range typically prompts the price to move in the …