On July 26, Bitcoin (BTC) price dropped below $21,000, giving back the majority of the gains accrued in the previous week and returning to the $23,300 to $18,500 range that Glassnode analysts describe as “the Week 30 high and Week 30 low.”
The Ground X public blockchain network Klaytn continues to make strides in Web3 and DeFi applications as it aligns with the South Korean government’s Digital New Deal metaverse targets ahead of the forthcoming Korea Blockchain Week conference.
At the Ethereum Community Conference held in Paris, France, from July 19-21, 2022, Ethereum co-founder Vitalik Buterin outlined the road map that includes several upgrades to make the Ethereum Protocol more powerful, robust, secure, and a more decentralized system.
On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the matter. The unknown sources explained that the inquiry into Kraken started in 2019, and it’s accused of allowing users from sanctioned countries like Iran access to the digital currency trading platform.
A fairly young blockchain in the cryptocurrency market has been the Near Protocol. It has only been around for the last two years with its first-ever block produced in the year 2022.
FTX CEO Sam Bankman-Fried is responding to claims that his company’s proposal to bail out customers of embattled crypto brokerage firm Voyager Digital is predatory in nature.