Crypto News

NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds
New York State Senator Kevin Thomas introduced a new bill amendment request to establish certain offenses related to rug pulls and other frauds related to virtual token distribution, misuse of private keys and hidden interests in crypto projects.

Decentralization 'absolutely essential' in building crypto capital markets
If crypto capital markets have a chance of becoming an institutional reality, decentralization will be one of the key aspects according to one industry insider.

The Olive Corporation Could Be the Next Big Thing in Crypto, the Metaverse and the Food Sector
Everyone would agree that the metaverse is a novel concept that is only going to become more popular as time goes on. Even now, many international companies from a variety of backgrounds such as Samsung, Emirates Airlines, and even JPMorgan have all gotten involved with the metaverse, so it is safe to say that this idea is not going away anytime soon.

Breaking: Elon Musk Gathers Twitter Shareholders’ Trust, Forces Twitter to Renegotiate
As per sources, Twitter has once again started fresh negotiations with billionaire Elon Musk on Sunday, April 24, for a complete takeover of the company. In recent days, Musk has managed to woo Twitter (NYSE: TWTR) shareholders who have thrown their weight backing the billionaire for a $43 billion takeover offer.

Coinbase CEO Says Apple's Crypto Policy Raises 'Potential Antitrust Issues'
The CEO of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, says Apple has not played nice with crypto, noting that the tech giant has banned a bunch of crypto features in its App Store. Apple’s anti-crypto policy raises “potential antitrust issues,” said the Coinbase executive.

Treasury Department investigates 3 Ethereum addresses allegedly linked to Ronin Network attack
The US Treasury Department has recently added three Ethereum wallet addresses to a list of sanctions reportedly tied to the hacker group behind the theft of more than $600 million in cryptocurrencies from the NFT game Axie Infinity’s Ronin sidechain.

Ethereum falls below $2900: Lower prices might follow
Ethereum price analysis for April 25, 2022, comes on a bearish note for the token with increased chances of dropping below $2800 in the near future. Moreover, in the last 24 hours, ETH dropped 2.51% in prices, followed by losing the $2900 price region. On the other hand, our ETH price analysis for April 22, 2022, noted that ETH bulls failed to reclaim prices above the $3000 price level and due to a large-scale sell-off in the crypto market, ETH also turned bearish and continues to make lower lows.

What is impermanent loss and how to avoid it?
When a token price rises or falls after you deposit it in a liquidity pool, this is known as crypto liquidity pools' impermanent loss (IL).