Crypto News

Crypto Analyst Says Cardano NFTs ‘Seem To Have a Bright Future’
On Monday (September 20), crypto analyst and influencer Ben Armstrong talked about Cardano’s rapidly growing non-fungible token (NFT) sector.

Defi Hack: Vee Finance Looses more than $35M in Bitcoin ($BTC) and Ethereum ($ETH)
In the season of Defi Hacks, Vee Finance was caught in the storm next. The Defi lending platform for traditional finance and crypto was hacked last night. The organization revealed the attack through its Twitter handle and further elaborated on the breach in its community announcement post. Vee Finance team shared that they had monitored several abnormal transfers earlier yesterday and found that they were under attack and had lost a total of 8804.7 ETH and 213.93 BTC.

Breaking: Binance Closes Crypto Derivatives Offerings in Australia
Binance, the world’s leading crypto exchange by trading volume has announced the closure of its crypto derivatives offerings in Australia. As per the announcement, the exchange would stop crypto futures, options, and leveraged tokens offering in Australia starting from 24th September. The exchange claimed the decision was based on compliance with the local regulations.

Fed's Powell Scrutinized for Owning Bonds of the Same Type the Central Bank Bought During Pandemic
As a number of Federal Reserve presidents have been criticized for their 2020 stock moves, Fed chairman Jerome Powell has been cast into the limelight for owning $1.5 million municipal bonds like the ones the U.S. central bank purchased in 2020 during the pandemic.

Miners have accumulated $600M worth of Bitcoin since Feb
Bitcoin miner are accumulating as the network hash rate continues to recover according to on-chain analytics provider Glassnode.

Robinhood users may soon be able to withdraw crypto for the first time
Retail-trading platform Robinhood is reportedly testing a long-awaited digital wallet feature that enables users to send and receive crypto-assets such as Bitcoin (BTC).

This Red-Hot Altcoin Is About To Go Parabolic After Doubling in Just 11 Days, Predicts Crypto Strategist Pentoshi
A closely followed crypto trader and strategist predicts that one explosive altcoin is poised to go parabolic even after doubling its value in just 11 days.

MiamiCoin generated $2K every 10 minutes for the city, says mayor
Miami Mayor Francis Suarez has been celebrating the success of a recent initiative to fund municipal projects through the proceeds of a city-specific crypto protocol built atop the Bitcoin (BTC) blockchain.