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Why Invest in Crypto?

Like it or not, cryptocurrency is practically everywhere these days and no longer just for day traders and nerds. In fact, many traditional businesses are integrating cryptocurrency into their platforms in some form, or using it as a means to launch other types of products. If you’re looking to invest or would like to explore other options follow the button to learn about Crypto Exchanges.

AML and KYC: A catalyst for mainstream crypto adoption

For Satoshi Nakamoto, the creator of Bitcoin (BTC), the motivation to create a new payment ecosystem from scratch in 2009 stemmed from the economic chaos caused by the banking sector’s over-exuberant and risky lending practices mixed accompanied by the bursting of the...

Bitcoin hits $25K as bearish voices call BTC price ‘double top’

Bitcoin (BTC) spiked through $25,000 for the first time in months on Aug. 14, but traders refused to take any chances on a bull run.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWeekend produces brief $25,000 tap for BTCData from Cointelegraph Markets Pro...

Velodrome recovers $350K stolen funds from team member Gabagool

Velodrome Finance, a trading and liquidity marketplace, announced the recovery of $350,000 stolen on Aug. 4. However, the occasion turned bittersweet when internal investigations pointed out the involvement of a prominent team member, who goes by the pseudo name...

BlueBenx fires employees, halts funds withdrawal citing $32M hack

BlueBenx, a Brazilian crypto lending platform, reportedly blocked all of its 22,000 users from withdrawing their funds following an alleged hack that drained $32 million (or 160 million Brazilian real). While no details about the hack were made available, the company...

Coinbase posts $1.1B loss, Polygon DApps rocket 400% in 2022 and Elon Musk says inflation is on the decline: Hodler’s Digest, Aug 7-13

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top...

Ethereum hits 8-month highs in BTC as money heads for ‘riskier’ altcoins

Ether (ETH) is worth more in Bitcoin (BTC) than at any time since the start of the year amid renewed appetite for altcoins.ETH/BTC 1-day candle chart (Binance). Source: TradingViewAltcoin market cap returns to $700 billioData from Cointelegraph Markets Pro and...

Ominous Solana technicals hint at SOL price crashing 35% by September

Solana (SOL) risks a significant price correction in the coming weeks owing to a classic bearish reversal setup.A 35% SOL price correction ahead?On the three-day chart, SOL's price has been painting a rising wedge, confirmed by two ascending, converging trendlines and...

Countries where Bitcoin (BTC) is legal

Typically there are macroeconomic factors that a country is looking to manage through the adoption of a currency as legal tender. In order to make Bitcoin legal tender, these factors should coincide with visionary leadership. Despite that, central banks are getting...

Metaverse still not ready for virtual weddings and legal proceedings

As the global Web3 ecosystem continued to evolve at a staggering pace, so have the various use cases associated with this niche. In a striking new development, a high-ranking Singaporean government minister recently noted that legal marriage proceedings, court case...

Celsius Network is bankrupt, so why is CEL price up 4,000% in two months?

Crypto lending platform Celsius Network has an approximately $1.2 billion gap in its balance sheet, with most liabilities owed to its users. In addition, the firm has filed for bankruptcy protection, so its future looks bleak.Still, Celsius Network's native utility...

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