El Salvador president poked by Steve Hanke for gambling in Bitcoin
El Salvador is under pressure as a result of Bitcoin‘s price drop over the last couple of days. For the past few months, El Salvador ‘s dollar-denominated bonds have been on a free slide. Nayib Bukele, the country’s president, seeks to improve the country’s economic realities by issuing Bitcoin-denominated bonds. President Bukele‘s prolonged association with […]
Hong Kong Cryptocurrency Exchange Coinsuper Reportedly Freezes Its Customers’ Funds
Dozens of clients of Hong Kong-based cryptocurrency exchange Coinsuper claim they can’t get their money back. According to reports, dozens of customers of the Hong Kong-based cryptocurrency exchange Coinsuper have claimed that they have been unable to collect their funds from the platform. At least seven of them have made contact with the authorities in regards […]
Trader warns BTC may break through the $30K lows of September
BTC/USD fell to $40,938 on Bitstamp overnight, according to TradingView data – its lowest level since September. Bitcoin could be aiming for a price over $42,400,000 The pair temporarily recovered at $42,000 but then continued to fall, surpassing the December liquidation cascade’s floor. Traders discussed the possibility of a similar crisis occurring, with specific objectives including […]
Cat-themed P2E NFT game Nyan Heroes plans to save 1 Billion cats in animal shelters
Nyan Heroes, a cat-themed play-to-earn (P2E) NFT game, plans to save 1 billion cats from euthanasia in animal shelters across the United States. Nyan Heroes is a new NFT battle royale shooter based on the Solana Blockchain. This will allow players to compete using NFTs, which represent the animated cats that control the game’s mechanical robot […]
Ethereum Devs debunk warning made by JPMorgan about the end of DeFi dominance
Ethereum developers and contributors claim that the network’s emphasis on security provides a solid foundation for future growth. Ethereum popularized decentralized finance, which has now grown into a $250 billion industry thanks to the network’s app developers. However, by 2022, its share of the pie may have shrunk. JPMorgan Chase’s investment bank has a team […]