Algorand blasted over inaction on ongoing wallet drain hack
Algorand blasted over inaction on ongoing wallet drain hackAlgorand Foundation responds to wallet hack, urging users to switch to more secure wallet options.
Happy TuesdayThe global crypto market cap is $1.02 trillion with a 24-hour volume of $40.66 billion. The price of Bitcoin is $22,258.96 and BTC market dominance is 42.4%. The price of Ethereum is $1,552.96 and ETH market dominance is 18.7%. The best performing cryptoasset sector is Yield Farming, which gained 5%.
Latest NewsAlgorand blasted over inaction on ongoing wallet drain hack
Algorand Foundation responds to wallet hack, urging users to switch to more secure wallet options. CoinFLEX’s restructuring plan approval propels FLEX token higherCoinFLEX's FLEX token has outperformed other notable digital assets like Bitcoin and Ethereum in the last 24 hours, rising by more than 20%. MakerDAO’s governance token sees a 37% decrease in 24H trading volumeMakerDAO's Endgame Tokenomics draws comparisons to Terra's Seigniorage Mechanism, worrying some investors and analysts. US appeals court to hear Grayscale’s arguments against SEC ruling starting todayGrayscale claims that a spot Bitcoin ETF is no different from a futures ETF and should not be grounds for disapproval. President Nayib Bukele credits Bitcoin for rebranding El Salvador’s legacy in new Tucker Carlson interviewEl Salvador's President talks to the American TV host about what Bitcoin has done for his country since adopting it in Sept. 2021. XRP, Polygon top large cap gainers in range-bound crypto market: CryptoSlate Daily wMarket UpdateThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Argo daily Bitcoin production rose 7% in Feb despite increased network difficultySeveral Bitcoin mining firms revealed that their BTC production rose in February despite Bitcoin mining difficulty rising to a new all-time high. Vitalik Buterin token dump sends unsolicited altcoins price down including CULTVitalik Buterin made over 200 ETH from the sale of airdropped tokens, and sent 214 ETH to an EthDev address. Yuga Labs concludes $16M TwelveFold auctionThe BAYC company auctioned its first set of Bitcoin Ordinal collectibles. After Apple App store snub, Uniswap trickling out mobile app rollout via TwitterThe decentralized exchange promised users in a GM tweet access to an early version of its mobile wallet app.
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Stablecoins inflow to Ethereum L2s rise 5% to over $2B
Monday, March 6, 2023
In February, Arbitrum's stablecoin inflow averaged over $10 million per day as the network saw a total influx of around $300 million.
MacroSlate: Inflation, interest rate hikes continue to wreak havoc across the US, EU and UK
Saturday, March 4, 2023
The mantra across central banks is 'higher for longer' as the US money market swaps price at a peak rate of 5.5%.
Crypto market cap drops $51 billion as Silvergate crisis deepens
Friday, March 3, 2023
Top cryptocurrencies see losses as Silvergate uncertainty spooks the market.
32,000 Voyager customers may be on the hook for bankruptcy clawbacks
Thursday, March 2, 2023
Trustees of the Voyager estate may go after customers who withdrew funds up to 90 days before the platform filed for bankruptcy.
Former Biden adviser urges development of digital dollar to ‘crowd out’ private crypto
Wednesday, March 1, 2023
Daleep Singh told the senate banking committee that developing a CBDC is the best way to combat sanction evasion and financial crimes via private crypto.
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