Marian Romaine

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Stats Has written 495 posts about cryptocurrency

Dec 01 2022

Coinbase asserts Apple halted wallet app release over gas prices

Dec 01 2022 Published at Coinscreed under tags  apple coinbase crypto exchange news nfts

According to the platform, Apple requested that Coinbase Wallet prohibit NFT transactions in order to introduce new restrictions to safeguard corporate revenues at the expense of user investment in NFTs. According to Coinbase's self-custody cryptocurrency wallet, Apple's intervention has made it impossible for customers to send nonfungible tokens or NFTs. On December 1, Coinbase Wallet […] The post...

Nov 28 2022

Binance CEO says 127K BTC move is PoR audit procedure

Nov 28 2022 Published at Coinscreed under tags  binance btc proof-of-reserve

The CEO of cryptocurrency exchange Binance has stated that significant sums of cryptocurrency are being moved as part of its proof-of-reserve (PoR) audits. On November 28, according to a tip from Whale Alert, Binance transmitted 127,351 Bitcoin, or more than $2 billion, to an unidentified wallet. On-chain data shows that the transaction took place at […] The post...

Aave closes lending markets to stop attacks

Nov 28 2022 Published at Coinscreed under tags  aave defi defi news lending platform

Protocol for decentralized liquidity Aave has temporarily shut down lending markets for 17 tokens in an effort to prevent volatility risks that might result in additional market manipulation attempts. Following a vote by Aave governance members to temporarily freeze assets deemed to be volatile and low liquidity, the lending markets were shut down. Yearn Finance […] The post...

Nov 24 2022

South Korea revises Crypto regulations to avoid FTX recurrence

Nov 24 2022 Published at Coinscreed under tags  crypto crypto regulations news south korea

Yoon Chang-Hyun, a South Korean politician from the People Power Party, wants to change the crypto-safe transaction bill because he thinks the current bill doesn't protect users enough after the FTX collapse. Yoon Change-Hyun presented the bill change to the National Assembly Political Affairs Committee on November 22 during a first subcommittee meeting to discuss […] The post...

Crypto wallet linked to Mt. Gox hack moves 10,000 BTC

Nov 24 2022 Published at Coinscreed under tags  bitcoin bitcoin news btc crypto walllet mt.gox

On November 23, a crypto wallet belonging to the defunct crypto exchange BTC-e sent 10,000 Bitcoin, which is now valued at over $165 million, to multiple exchanges, personal wallets, and other sources. According to a Chainalysis report published on November 23, while this is the largest withdrawal made by BTC-e since April 2018, BTC-e and […] The post...

Russia plans to develop national cryptocurrency exchange

Nov 24 2022 Published at Coinscreed under tags  crypto exchange news

Russian legislators are drafting revisions to the "On Digital Financial Assets" law to establish the legal foundation for a national cryptocurrency exchange. The creation of a national cryptocurrency exchange is being worked on by Russian legislators. According to reports, the Ministry of Finance and the Central Bank of Russia, which have a long history of […] The post...

Nov 23 2022

Genesis hires restructuring consultant to help escape bankruptcy

Nov 23 2022 Published at Coinscreed under tags  bankruptcy defi news genesis global

Genesis Global Capital has reportedly hired a restructuring advisor to evaluate all possibilities, including bankruptcy. According to a Nov. 22 New York Times report, it is believed that the company has hired investment bank Moelis & Company to investigate options, though people familiar with the situation have emphasized that no financial decisions have been made […] The post...

Governor of New York issues moratorium to stop crypto mining

Nov 23 2022 Published at Coinscreed under tags  news

The governor of New York, Kathy Hochul, has approved one of the country's most stringent rules governing crypto mining. The bill imposes a two-year freeze on the issuance of new licenses to crypto mining businesses that rely on fossil fuels for power and validate transaction data using proof-of-work authentication techniques using millions of computers. As […] The post...

Argentina fan token falls 31% after World Cup loss to Saudi Arabia

In keeping with the expectations of the country's ardent soccer supporters, Argentina's shocking 2-1 loss to Saudi Arabia in the FIFA World Cup opening match has caused the price of the Argentine Football Association Fan Token (ARG) to plunge. Data from Coingecko shows that the ARG token, which was priced at $7.21 at kickoff, fell […] The post...

Nov 22 2022

FTX hacker distributes over $200M in ETH among 12 wallets

Nov 22 2022 Published at Coinscreed under tags  eth ftx hacker hacks and scams

The hacker who stole more than $447 million worth of cryptocurrency from FTX has once more been seen moving the stolen money. According to Etherscan data, on November 21 between 4:11 and 4:17 p.m. UTC, the attacker transferred 180,000 ETH across 12 freshly formed wallets, giving each one 15,000 ETH. At current pricing, the total […] The post...

HashFlare founders convicted for $575M crypto scam

Nov 22 2022 Published at Coinscreed under tags  crypto scam hacks and scams hashflare

The creators of HashFlare have been accused of taking part in a scheme to launder money and commit crypto fraud of up to $575 million. The two creators of the now-defunct cloud Bitcoin mining service HashFlare were detained in Estonia on suspicion of participating in a $575 million crypto fraud scheme. This includes getting victims […] The post...

Nov 19 2022

5 best Web3 messaging applications

Nov 19 2022 Published at Coinscreed under tags  web3

Web3 messaging applications are one of the innovative results of a technology that ultimately strives to improve communication while protecting user privacy. Web3 is the third generation of the World Wide Web that provides users with complete control over their digital data. The Web3 messaging applications allow for effective communication while preventing data breaches and […] The post...

Top 10 crypto market trends in 2022

Nov 19 2022 Published at Coinscreed under tags  crypto crypto guide crypto market mica p2e

These crypto trends were chosen due to their rapid growth on sites such as Google, TikTok, Instagram, Reddit, Twitter, YouTube, and Amazon. Cryptocurrency is still a hot topic that has piqued the curiosity of individuals, investors, corporations, and even governments. In 2022, the Crypto Market witnessed numerous occurrences, some of which were positive and some […] The post...

Grayscale withholds on-chain reserves proof for security reasons

Nov 19 2022 Published at Coinscreed under tags  defi news digital currency grayscale

Grayscale published a letter attesting that each of Grayscale's crypto products is fully backed, but did not provide wallet addresses. Grayscale Investments, a cryptocurrency investment product provider, has refused to give on-chain proof of reserves or wallet addresses to demonstrate the underlying assets of its digital currency products, citing "security concerns." The crypto investment provider […] The post...

South Korean court freezes Terra co-founder asset worth $104M

Nov 19 2022 Published at Coinscreed under tags  altcoin news luna south korean terra

South Korean Court to seize $104 million worth of assets from Terra co- founder, based on a request from the prosecutors. While FTX grabbed the spotlight away from other fell ecosystems, South Korean authorities are working to offer closure to the victims of the year's first crypto crash, Terraform Labs. South Korean authorities froze roughly $104.4 […] The post...

Nov 18 2022

Co-founder of Terra denies earning $100 million in illicit profits

Nov 18 2022 Published at Coinscreed under tags  altcoin news luna lunc terra

Ex-Terra CEO, Shin Hyun-seong, testified before the prosecution on November 17 denying that he sold tokens when LUNA was nearing its highs Earlier this week, it was announced that ex-Terra CEO Shin Hyun-seong, or Daniel Shin, had been compelled to appear before South Korean prosecutors for unfairly profiting from the sale of LUNA [now LUNC] […] The post...

Genesis halts withdrawals amid digital currency crash

Nov 18 2022 Published at Coinscreed under tags  defi news

Genesis is the most recent digital currency loan program to declare bankruptcy after Celsius Network, Voyager Digital, and others did so in early 2022. Genesis Global Capital has banned withdrawals, confirming rumors that surfaced earlier this week. Genesis stated in a series of tweets that its lending business was disrupted but not its trading or […] The post...

Bahamas regulator directs FTX to transfer crypto to govt wallets

Nov 18 2022 Published at Coinscreed under tags  bahamas crypto exchange news ftx sec

The Securities Commission of the Bahamas said it ordered FTX to transfer all digital assets to a government-controlled wallet for safekeeping. In the exercise of its powers as regulator acting under the authority of an Order made by the Supreme Court of The Bahamas, the Securities Commission of The Bahamas ('the Commission') directed the transfer […] The post...

Nov 17 2022

Temasek will reduce its $275 million investment in FTX to zero

Nov 17 2022 Published at Coinscreed under tags  crypto exchange news ftx temasek

Temasek, the national investment fund of Singapore, is getting ready to write off the entire $275 million it invested in FTX. Notably, throughout two funding rounds from October 2021 to January 2022, Temasek contributed $210 million for a minority stake of 1% in FTX International and invested $65 million for a minority stake of 1.5% […] The post...

FTX endorsements lead to lawsuit against Tom Brady and others

Nov 17 2022 Published at Coinscreed under tags  crypto exchange news ftx lawsuit tom brady

According to the lawsuit, Bankman-Fried, the exchange, and the celebrities may have participated in a plan to mislead investors. Everyone in the cryptocurrency world is buzzing about the collapse of the FTX exchange. Not only have investors voiced their concerns, but authorities from all around the world have also noted the scandal as a turning […] The post...