Categories
News

Tether’s total assets fell by over $15B in Q2: report (www.blockcast.cc)

Tether’s total assets as of the end of the last quarter stood around $66.4 billion, the USDT issuer said in its latest quarterly assurance report. The stablecoin issuer, whose USDT token is the largest and most widely used in the world, said accounting firm BDO Italia had completed this assurance opinion. Are you looking for […]

Visit us at https://is.gd/OjhWXt

Categories
News

Singapore-based crypto lender Hodlnaut cuts 80% jobs (www.blockcast.cc)

Hodlnaut, a troubled Singapore-based crypto lender, says it has released 80% of its workforce as it looks to execute a recovery plan after its financial health took a major hit. In a blog post Friday, Hodlnaut said that it has laid off 40 employees (constituting 80% of the staff) since halting withdrawals. Per the company, […]

Visit us at https://is.gd/sAi3XE

Categories
News

SPELL up as Binance Loans adds token to collateral assets (www.blockcast.cc)

Spell (SPELL/USD) is up more than 12% in the past 24 hours to currently trade at $0.0016. The gains have pushed the SPELL token up by 54% this past two weeks, and +46% in the past 30 days. SPELL, which hit an all-time high of $0.035 in November 2021, has seen its intraday trading volume […]

Visit us at https://is.gd/KWoH1s

Categories
News

Should Ripple [XRP] be left to rot- Well, Vitalik Buterin thinks… (www.blockcast.cc)

The Ripple-SEC long-standing battle may have neared no end but its effect on its native cryptocurrency may now be worse. After the last ruling where it seemed like the payment processing company was progressing, Ripple [XRP] became the victim of an assault. Ethereum founder Vitalik Buterin led the attack on the cryptocurrency in what seemed […]

Visit us at https://is.gd/9UgH8v

Categories
News

Shiba Inu [SHIB] holders’ fortune prediction for next week (www.blockcast.cc)

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. As anticipated in the previous article, Shiba Inu [SHIB] snapped the $0.01217-mark after forming a bullish rectangle bottom setup. (For brevity, SHIB prices are multiplied by 1,000 from here on). While sellers showed near-term […]

Visit us at https://is.gd/a6Ezkx

Categories
News

ENS registration hits double figures but here’s something to consider (www.blockcast.cc)

Since the Ethereum Name Service (ENS) launched, it did not reach one million users until five years later. But if you had told the administrators that ENS registrations would take less than four months to hit double of that number, they probably would have taken it as a joke. Interestingly, the unexpected happened. ENS domain […]

Visit us at https://is.gd/r2cRbR

Categories
News

Tether aligns with top 5 accounting firm for monthly attestations (www.blockcast.cc)

Tether Holdings Limited, the issuer of stablecoin Tether (USDT), has announced that attestation reports for its reserves will now be handled by BDO Italia, an accounting firm from the BDO global network. The announcement made Thursday, stated that Tether will now work with the public accountant firm to publish its attestations reports, now from the […]

Visit us at https://is.gd/e1eDY3

Categories
News

dWallet Labs raises $5M in pre-seed round led by DCG and Node Capital (www.blockcast.cc)

dWallet Labs, a blockchain security company  building protocols and projects on the decentralised layer1 platform Odsy Network, has raised $5 million in its pre-seed funding round. Digital Currency Group (DCG) and Node Capital led the round, with participation from multiple leading venture capital funds. Those joining the financing round included Amplify Partners, Lightshift Capital, Collider […]

Visit us at https://is.gd/Gsw9SX

Categories
News

Analysis: Dogechain gains momentum, can DOGE growth continue? (www.blockcast.cc)

The recent crypto rally is showing signs of stalling and bears now seem to be in control once again. Most cryptocurrencies are dropping in value; however, there are some standouts. In the case of cryptocurrencies right now, Dogecoin (DOGE/USD) is that exception. But why is crypto’s original meme coin rallying while others are failing?  CryptoBanter […]

Visit us at https://is.gd/vBcj6E

Categories
News

Statistics in this crypto crime report might give you goosebumps (www.blockcast.cc)

The total crypto scam revenue year-to-date currently stands at $1.6 billion as recorded by a recent Chainalysis report. This purports a near 65% decline from the previous year’s period which appears to be linked to falling cryptocurrency prices. This is also reflected in the transaction volume across cryptocurrencies. As things stand, crypto crime appears to […]

Visit us at https://is.gd/AA7bUR