Key Takeaways Cryptographer Alexandru Lupascu discovered a critical vulnerability in the most popular Web3 wallet MetaMask. Lupascu found that malicious entities can find MetaMask...

This week in crypto news: Tom Brady’s celebrity NFT banks $170M, hackers stole more than $30 million in Bitcoin and Ethereum, and more.

The post Crypto News Roundup: Twitter NFT Profile Pics, Walk Your Dog In The Metaverse, NYC Mayor Gets Paid In Bitcoin appeared first on BitcoinChaser.

Investors in Steve Bannon's anti-Biden, pro-MAGA crypto have complained of arbitrarily frozen balances after dumping some of their tokens.

The post Bannon’s anti-Biden crypto has backdoor that can stop MAGA fans from selling appeared first on Protos.

On January 20, Core Scientific, a popular blockchain and Artificial Intelligence hosting, transaction processing, and application development company, announced that it has officially gone public.

Bitcoin, the top asset in the industry has noted a sharp fall in prices over the last 24 hours. At press time, the king-coin depreciated by almost over 9.7%. Bitcoin dropped its value by almost $7,000 and was exchanging hands at $38,233.95. This marked an almost six-month low for the coin. This price level is the lowest ever since the first week of August last year. Following Bitcoin’s price action, altcoins followed suit as a majority of them were seen trading in the red at the time of writing. The global cryptocurrency market cap was at $1.95 trillion after a considerable fall of about 7.7% over the past day. The global crypto cap hadn’t dipped below the $2.11 Trillion mark in over 3 months now. This major plunge in value across the broader cryptocurrency market had caused roughly $200 Billion to leave the market. Ethereum, which is the second-largest cryptocurrency in regards to market capitalisation also registered a tumble of about 8% in the last 24 hours. Related Reading |TA: Bitcoin Dives Below $40K, Why Bulls Could Struggle In Near Term What Could Have Potentially Caused This Big Dump The bears had taken over the market, however, it isn’t safe to assume that the market would continue with a bearish outlook just yet. This could also be a price correction from which Bitcoin and major altcoins might recover over the upcoming trading sessions. This retracement in Bitcoin’s prices from $43,000 could have happened for a number of reasons. Needless to say, crypto markets are volatile, however, current price movements of the major cryptocurrencies can be tied to a couple of recent developments in the crypto space. This sudden substantial sell-off in prices could have been caused due to stock market weakness after the US Federal Reserve introduced high-interest rates and tapered the stimulus. The Fed hiking the interest rates in the form of tightening the overall monetary policy has, in turn, affected the unregulated market of cryptocurrencies. The cryptocurrency industry has also suffered the pangs of other recent regulatory measures. The most recent one is Russia’s blanket ban which has rocked the global cryptocurrency market. Other regulatory measures which have been set in motion to curb the rapid growth of digital asset has also had negative effects on the prices. Securities and Exchange Commission has signaled at scrutinising cryptocurrency exchanges. Environmental factors have also raised eyebrows of regulatory bodies, European Securities and Markets Authority (ESMA) wishes for the EU to ban the proof-of-work model. All of the above-cited reasons have sent shock waves across the crypto industry causing the fear index to point at 19, a number that corresponds to “Extreme Fear” in the market. Related Reading | TA: Ethereum Nosedives, Indicators Show Signs of Larger Downtrend Bitcoin Price Analysis: Crucial Trading Levels to Watch Out For Bitcoin was priced at $38,233.95 after the coin nosedived close to 9% at press time. The asset flashed a death cross, which is considered to be extremely bearish in nature. The prices were beneath the 20-SMA line, indicating that sellers were responsible for driving the price momentum in the market. Source: BTCUSD on TradingView.com The Relative Strength Index hurtled as it reflected the excessive selling pressure in the market. Currently, Bitcoin’s RSI was hovering beneath the 25-mark which meant that the asset was oversold and undervalued. The support level for the coin stood at $37,982.40 and a push from the bears could make BTC trade at that aforementioned level. The Average Directional Index was near the 50-mark, implying a strengthening of the current price trend in the market. The resistance price level for the coin was $39,829.16. Featured image from The Motley Fool, chart from TradingView.com

The Federal Reserve Bank has released a highly anticipated report on digital assets, weighing out the risks and benefits of central bank digital currencies (CBDCs) and the implications of digital money. In the report, the Fed doesn’t take a hard stance on digital currencies, but does take an elaborate look at how stablecoins and CBDCs […]

The post Fed Finally Releases Full Report on Digital Assets appeared first on Coin Bureau.

The Graph Foundation has raised $50 million in funding led by Tiger Global with participation from FinTech Collective, Fenbushi Capital, Reciprocal Ventures, and Blockwall Digital Assets Fund.

The post Cardano(ADA) Price Slides Below 2-Month Low! Will It Revist the Strong Support at $1? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Cardano price spiked heavily amid the recent announcement of the very first DEX on its blockchain SundaeSwap. However, now when the DEX is live, the ADA price is yet again scumbling down the support levels. While some believe the asset could flip the downtrend soon, yet the technicals point out towards a deep bearish well …

A price war has erupted in DEXs with Uniswap and dYdX trading blows.

Cardano’s blockchain has evolved significantly over the years with the introduction of smart contracts. It embraced a “slow and steady” approach to transformation. While it might annoy some, the said blockchain portrayed a wide variety of real-life use cases in its ecosystem. Here’s the latest partnership within the Cardano blockchain. Swapping right Cardano’s first decentralized […]