Bitcoin dumps to $30,000 with $8 billion in crypto liquidations as market dropsThe global crypto market cap is $1.67 trillion with a 24-hour volume of $337.19 billion. The price of Bitcoin is $37,200.36 and the BTC dominance is at 41.8%.
by Shaurya Malwa Crypto markets took a hit Tuesday as $2 billion was lost to ‘liquidations,’ data from multiple sources shows. Bitcoin fell to under $33,000 on some exchanges, reaching levels last seen in February this year. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬China Merchants Bank joins local DeFi protocol to launch $50 million crypto ecosystem fundNervos, a China-based blockchain and decentralized finance (DeFi) protocol, today announced the launch of a $50 million fund with CMB International (CMBI), a wholly-owned subsidiary of China Merchants Bank, as per a release. Algorand (ALGO) is powering the first blockchain-based COVID ‘passport’ in Latin AmericaThe world’s first blockchain-powered COVID passport has gone live in Colombia as part of a joint project between Algorand (ALGO) and Koibanx. How blockchain is providing the foundation for the next generation in cybersecurityThis year has seen the rise in many innovative ways to utilize cryptographic technology. The ‘China crypto FUD’ is back again, but it’s misleadingThree industry bodies under the Central bank of China released a document today calling for a ban on financial institutions and online payments channels providing any services involving cryptocurrency, including but not limited to registration, trading, clearing, and settlement. Additionally, the institutions would not be allowed to offer to save, trust or pledging services, nor […] Polkadot’s (DOT) long-awaited parachains are launching on Kusama (KSM)The Polkadot (DOT) and Kusama blockchain developers have entered the final stage of preparation for the launch of the highly anticipated parachain functionality, according to an announcement published by the project’s founder Gavin Wood yesterday. Cardano parent IOHK announces an Ethereum ‘converter’ is on its wayInput Output, the technology firm and code maintainer of Cardano, released a new ‘converter’ today that allows users to bring ERC20 tokens (issued on Ethereum) to the Cardano blockchain. Six XRP investors may be excluded from court hearing as Ripple v SEC saga continuesThe latest twist in the SEC vs. DeFi tool FinNexus (FNX) plunges by 90% after hack—some allege an inside jobDecentralized finance (DeFi) project FinNexus (FNX), which touts itself as the “most versatile DeFi options platform,” claimed that it was hacked yesterday, leading to a massive dump of its tokens by the attacker. Exploring the top Ethereum blockchain explorersFor many Ethereum holders, apart from popular price-tracking websites that cover a host of assets, those relatively new to the industry may be unaware of the blockchain explorers that track crypto movements. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🔥 Trending Sectors
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