Biggest Movers: DOGE, XRP Fall to Multi-Week Lows, as Bearish Sentiment Intensifies Dogecoin dropped to a one-month low on Wednesday, as a red wave swept through cryptocurrency markets. Bearish sentiment remained high as the session progressed, with the global market cap falling by nearly 2% today. XRP also plunged in today’s session. Dogecoin (DOGE)Dogecoin (DOGE) fell for a fourth straight session, as bears continue to regain momentum, following last week’s gains. After peaking at $0.07407 on Tuesday, DOGE/USD dropped to an intraday low of $0.06893 earlier in the day.

UK Regulator Continues Crackdown on Crypto ATMs, Checks 18 New Sites The U.K.’s Financial Conduct Authority (FCA) is proceeding with efforts to shut down all bitcoin ATMs “illegally operating” in the country. After more inspections in the past couple of months, the watchdog vowed to continue to take action against operators of unregistered crypto teller machines. Financial Watchdog Shuts Down Dozens of Crypto ATMs in the U.K. This YearBritish authorities have inspected 18 more sites believed to be illegally operating automated teller machines (ATMs) supporting cryptocurrencies in the United Kingdom, the country’s financial regulator announced on Tuesday. The checks have been carried out in May and June by the FCA, working together with representatives of the South West Regional Organized Crime Unit, Bedfordshire Police, Hertfordshire Police, and the Metropolitan Police.

Birla Cellulose Is Using Blockchain to Ensure Full Product Traceability Birla Cellulose is a company that’s utilizing blockchain technology to ensure all customers know where their products are coming from, where everything is sourced, and that everything is sustainable. Birla Cellulose Is Using Blockchain for Traceability of Fashion ProductsBlockchain is designed to give everything full transparency. It’s mostly used in crypto transactions to record all the data and give everyone full awareness of who’s involved and where the money is going, but there are many industries in which blockchain is now being applied so that consumers and businesses partners can see where products and services derive from and where they wind up. Birla Cellulose focuses on sustainably sourced, man-made cellulosic fiber products certified by the Forest Stewardship Council (FSC) and the Sustainable Forestry Initiative (SFI). The goal is to have proof of record for every product showing that they do, indeed, stem from the manufacturing plants and warehouses of Birla Cellulose.

‌Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention: • Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo. • Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd. Launched? May 29th • Results so far? 750 holders, $3.5m market cap. • CEX listing? First listing on MEXC today at 12pm UTC. • Next CEXs? They are in contact with Bybit, Huobi, OKX • Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS. DYOR, but from my side, this might be a massive pump. Don't forget to thank me later. 🧿 Rating: coinmarketcap 💰 Buy: uniswap, mexc 🐦 Follow: twitter

HedgeUp (HDUP) Surges while SOL, DOGE Suffer Silent Downturn With their inherent volatility, cryptocurrencies often present a roller-coaster ride. In the tumultuous digital asset landscape, HedgeUp (HDUP), an emerging star, has been soaring, even as established players such as Solana (SOL) and Dogecoin (DOGE) experience a subtle but noticeable downturn. The Discreet Decline of Solana (SOL) and Dogecoin (DOGE) Solana (SOL), a high-performance blockchain platform, and Dogecoin (DOGE), a meme-based cryptocurrency, have significantly shaped the crypto landscape. Solana (SOL), with its ultra-fast and secure blockchain, and Dogecoin, with its popular appeal and impressive community, have garnered substantial interest.

LiteFinance’s Trailblazing Expansion – Vietnam and Beyond LiteFinance proudly unveils its recent expansion and trademark registration in a new territory, extending beyond the European Union and the United States.LiteFinance has secured its trademark registration with the Intellectual Property Office of Vietnam – WIPO IP VIET NAM – under certificate number 440462 and publication number 4-2021-17734. Details of the certificate can be found on the LiteFinance website. This achievement is a testament to the company’s leadership and the dedication of its regional team of professionals.

Bitcoin To Outperform Most Risk Assets, Says Bloomberg Analyst Mike McGlone – But There’s a Catch Bloomberg’s macro strategist Mike McGlone is expressing bullish sentiment on Bitcoin (BTC) amid fears of an economic recession. In a new interview on the David Lin Report, McGlone says that the flagship crypto asset will outperform most risk assets as Bitcoin comes of age.

Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since the redemptions. Presently, there are only two stablecoins in the top ten standings, and the Okx exchange token, OKB, has joined the pack. 2023 Records Changes in the Top 10 Cryptocurrencies by Market Capitalization

Cardano (ADA) Price Analysis: Rally Could Accelerate Above $0.38 Cardano price is showing positive signs above $0.350 against the US Dollar, similar to bitcoin. ADA price could extend its increase if it clears the $0.388 resistance. Cardano Price AnalysisThis week, cardano price started a strong increase above the $0.320 resistance zone against the US Dollar. The ADA/USD pair gained pace for a move above the $0.335 and $0.350 levels. During the increase, there was a break above a major bearish trend line with resistance near $0.348 on the 4-hours chart. It even broke the $0.372 level and settled well above the 55 simple moving average (4-hours). It traded as high as $0.386 and recently started a downside correction.

Oryen Network Unexpected +400% Price Increase During Live Presale, Attracting Major Crypto Whales Whales are known in the cryptocurrency market as big crypto holders that can move markets. They are known to have deep contacts and inside information about where the next potential opportunities are, and they use that information to their advantage. Recently, there has been a surge in Oryen Network (ORYN) prices. The DeFi project has seen an unexpected 400% price increase during its live presale, attracting major crypto whales looking to instil in the next big thing.

Investigations Into The Collapse Of The FTX Empire Under Way In a November 14, 2022, media release update on FTX, the Securities Commission of The Bahamas (SCB) confirmed that it had applied to the Supreme Court to appoint a court-supervised provisional liquidator for FTX and that it had obtained approval of joint provisional liquidators from PricewaterhouseCoopers (PwC). The SCB, which is the lead authority in the Bahamas conducting investigations into the FTX saga, was exercising its regulatory powers under the Digital Assets and Registered Exchanges (DARE) Act to protect the interests of clients, creditors, and other stakeholders. The DARE Act was passed in December 2020 after examining cryptocurrencies’ status and regulatory environment in Gibraltar, Hong Kong, Malta, Switzerland and the United States.

FTX Meltdown Is Crypto Industry’s Version of Enron Implosion, According to Former US Treasury Secretary Former US Treasury Secretary Larry Summers thinks the recent meltdown of crypto derivatives exchange FTX is a lot like the Enron scandal. In a new interview with Bloomberg, the famous American economist says that FTX’s implosion is probably less about the complexities of crypto regulations and more about “some very basic financial principles that go back to financial scandals that took place in ancient Rome.”

Cardano Creator Charles Hoskinson Reveals ‘Next Level’ Plans for ADA and Other Crypto Assets Cardano (ADA) co-creator Charles Hoskinson is laying out a far-reaching vision of the future for crypto assets. In a new video update, Hoskinson tells his 315,000 YouTube subscribers that crypto projects like ADA could one day become the world’s system of finance, but notes that the US government needs to adopt favorable crypto regulations for this to ever become a reality.

Coin of Champions (COC) Is Now Available for Trading on LBank Exchange INTERNET CITY, DUBAI, Sep. 7, 2022 – LBank Exchange, a global digital asset trading platform, has listed Coin of Champions (COC) on September 7, 2022. For all users of LBank Exchange, the COC/USDT trading pair is now officially available for trading. As the first BSC token supported by past and present athletes, Coin of Champions (COC) creates a commercial circuit that can help people save on their purchases, while providing other features and functionality such as DApp, NFT, staking and farming. The COC token has been listed on LBank Exchange at 18:00 (UTC+8) on September 7, 2022, to further expand its global reach and help it achieve its vision.

‌Get a piece of NFT land in the Crypto Soul World metaverse! Everyone who buys 10,000 tokens CSW on the PancakeSwap exchange and holds tokens till the 1st of September will receive 1 NFT value for every 10,000 tokens to their wallet. Right now the price of a token is only $0.01 and continues to rise due to high demand. 1. Go to https://pancakeswap.finance/swap 2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE) 3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.

LBank Exchange Will List World Causecoin (CAUSE) on August 8, 2022 INTERNET CITY, DUBAI, Aug. 4, 2022 – LBank Exchange, a global digital asset trading platform, will list World Causecoin (CAUSE) on August 8, 2022. For all users of LBank Exchange, the CAUSE/USDT trading pair will be officially available for trading at 19:00 (UTC+8) on August 8, 2022. As a peer-to-peer digital currency for humanity, World Causecoin (CAUSE) was built on the premise of Cause Capitalism, financing cause projects across Africa and providing abundance for all. Its native token CAUSE will be listed on LBank Exchange at 19:00 (UTC+8) on August 8, 2022, to further expand its global reach and help it achieve its vision.

FREE NFT GIVEAWAY! Less than a month remains before the public release of our metaverse Crypto Soul World. Upon release to centralized exchanges, the price of the CSW token will start at $0.5 per token. Now there is a presale of token on PancakeSwap exchange, only 800,000 tokens are sold now on special conditions for members of our community. Everyone who buys 10,000 tokens on the PancakeSwap exchange and holds tokens by September 1 will receive 1 NFT value for every 10,000 tokens to their wallet. Right now the price of a token is only $0.01 and continues to rise due to high demand. 1. Go to https://pancakeswap.finance/swap 2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE) 3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.

Singapore Reviewing Legislation on Crypto, Following Devastating Effects of Terra Crash Singaporean authorities are currently reviewing stablecoin legislation in the country in an attempt to better safeguard investors’ funds. This comes at a period when investors are nursing the injuries inflicted by the TerraUSD (UST) crash which saw billions in funds disappear into thin air on a global scale. MAS chairman says the economy is not majorly affected by the recent crypto issuesIn a published reply to a series of questions posed by Mr Saktiandi Supaat – a Member of Parliament under the Bishan-Toa Payoh GRC – the Minister in charge of the Monetary Authority of Singapore (MAS), Tharman Shanmugaratnam, revealed the extent of the damage on Singaporean investors the Terra crash had, and further highlighted measures put in place to avoid a similar occurrence. Shanmugaratnam noted that the recent debacles witnessed within the crypto space that has resulted in the loss of funds and triggered a disastrous contagion in the industry represent precisely what the central bank had been warning investors of with regards to crypto assets.

Get a free NFT land in the new metauniverse RIGHT NOW! Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance. CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon. 1. Go to https://pancakeswap.finance/swap 2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE) 3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch. When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched! Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants. The metauniverse is scheduled to launch on September 1.

Meta Ending Crypto Project Novi After Mark Zuckerberg Unveiled Metaverse Digital Wallet Meta Platforms, formerly Facebook, has announced the end of its crypto project Novi. Users are advised to withdraw funds as soon as possible. The announcement followed the introduction of a digital wallet for the metaverse, announced by Meta CEO Mark Zuckerberg. Crypto Project Novi EndingFacebook owner Meta Platforms Inc. (Nasdaq: META) announced Friday that its crypto project pilot Novi “is ending soon.” According to its website: Novi will no longer be available for use after September 1.

Metaverse Rising Star: Caduceus Metaverse Protocol The rising star of 2022 – Caduceus Metaverse Protocol is the project you’ve been waiting for 2022 is undoubtedly the year that the Metaverse broke through to the mainstream, with a growing interest in public blockchains, and competition between projects and applications big and small becoming increasingly fierce. Inevitably some public chains lost in popularity, while others gained widespread market adoption. Many of these became market trends in themselves, with the Metaverse industry, in particular, dictating broader industry trends, due in part to its technological innovation and unique construction methods.

Coinweb is one of the most promising projects Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.

Cardano and IOST Announce Plans to Launch Algorithmic Stablecoins Summary: Individual teams at Cardano and IOST have announced plans to launch algorithmic stablecoinsOn Cardano, the stablecoin coin will be known as Djed, and its network is currently in the Testnet phaseConcerning IOST, the project will leverage its global community, solid technical support, and a growing multi-chain ecosystem to lay a solid foundation for its stablecoinBoth stablecoins follow in the footsteps of Terra’s UST and Tron’s USDDAlgorithmic stablecoins are gathering traction as the teams behind Cardano and IOST have individually announced plans to launch their very own versions of the digital assets. Cardano’s Djed is Live on Public TestnetTo begin with, the team at COTI, in collaboration with the Cardano team, has announced the launch of the public Tesnet version of Djed – a decentralized algorithmic stablecoin built on the Cardano network. The Testnet environment will allow for testing its main functionalities without the additional risk of using actual funds. In the case of Djed, its stability will be maintained by Shen, a reserve coin explicitly designed to guarantee the collateralization rate and the peg of the stablecoin. Development of Djed started back in September 2021, and the stablecoin is intended ‘to become the ultimate coin with which Cardano’s entire network transaction fees will be paid.’

Crypto Giant Binance To Invest $500,000,000 in Twitter Amid Elon Musk’s Social Media Buyout Leading crypto exchange Binance says it will invest $500 million into Twitter alongside billionaire Elon Musk, who purchased the social media platform for $44 billion last month. In a new blog post, Binance announced it is investing in the social media giant because they believe Musk’s acquisition will help bring about the fusion of social media and Web 3.0 services.

Cornerstone Global Specializes in Turning Paychecks into Crypto Cornerstone Global Management Inc. – a company that transfers payroll into cryptocurrencies such as bitcoin, Ethereum, and Litecoin and allows employees to get paid in digital assets – has acquired a firm known as Pay Drop, which provides financial and payment services to freelance workers and small businesses. Cornerstone Global and Pay Drop Join Hands for Crypto’s SakeCharlie Lee – the founder of Litecoin – helped to coordinate the acquisition. He stated in an interview that the match was “made in heaven,” and that both firms will be able to complement each other and push the crypto space even further. He stated: Knowing the services and teams behind both Hedge and Pay Drop and recommending they both work closer together seemed natural. Cornerstone acquiring Pay Drop is a smart move for both parties and will open even more opportunities once Pay Drop is connected to Hedge’s pay conversion engine.

HOO Smart Chain Grant Plan “Cosmic Origin Project” Officially Opened for Registration PRESS RELEASE. Hoo Smart Chain will open registration globally for the Cosmic Origin Project a grant and rewards program for decentralized application developers. The Cosmic Origin Project will provide incentives in forms such as, TVL Basic Rewards, Cross-chain Capital Hub Rewards, Game-fi/NFT Volume Bonus, and HOO Staking Bonuses in accordance to various project metrics. Providing sustainable support for developers. Hoo Smart Chain aims to build a visual blockchain and become a metaverse platform, and to embrace the potential of blockchains.Registration channels such as the official website, various posters (by scanning the QR code), Twitter will be open for public. Once the number of registered projects reaches 60, the Cosmic Origin Project will officially be triggered and will last 6 months. The first registered projects will be announced on March 15th. In accordance to project metrics, each project will have the opportunity to receive up to millions of USDT ecological support.Developers can go to the official website https://www.hoosmartchain.com to learn more about the Cosmic Origin Project, or click the form link to register directly http://hk.mikecrm.com/NtPoo5v. Developers are in also welcome to obtain, consult, and exchange development ideas at the official developer Telegram Group https://t.me/HooSmartChainDeveloperGroup. At the same time, Hoo Smart Chain will provide all qualified projects suitable amount of Gas fee support for testing and development.Hoo Smart Chain’s Cosmic Origin Project is committed to discovering decentralized applications in the all aspects of life, and hope to nurture the applications that can change the future. Registration will be unlimited, including but not limited to DEX , Lending, Yield aggregation, Derivatives, Synthetic assets, Stablecoin protocols, Insurance, NFT, GameFi, SocialFi, Metaverse, Layer 2 scaling solutions, LaunchPads, etc.Adhering to the concept of BreakthroughS and Innovation, Hoo Smart Chain mentioned the visual blockchain, metaverse platform and the imagination of positive sum game in their earlier AMA, and hope to return the value back to the participants of decentralized applications. Hoo Smart Chain aims to provide effective solutions and innovative development logic for the growth and improvement of the blockchain ecosystem.In line with the global announcement of Cosmic Origin Project, and through the continuous practice and breakthrough of ecological projects, it is expected that Hoo Smart Chain can forge a new direction for the blockchain industry together with developers around the world.Apply to Cosmic Origin Project: http://hk.mikecrm.com/NtPoo5v

England’s Manchester United Set to Unveil Tezos Blockchain Shirt Sponsorship, Report Tezos blockchain has reportedly agreed to a training kit sponsorship with Manchester United in a deal that will see the latter receive over $27 million per year. This deal adds to Tezos’ growing list of sports teams it has sponsored since May 2021. Tezos’ Investment in SportsThe most successful football club in the English Premier League, Manchester United, is reported to have signed a training kit sponsorship deal with Tezos blockchain. As part of this agreement, Manchester United will reportedly receive over $27 million per year, or £20 million. In exchange, Tezos will become the football club’s training kit sponsor. According to a report by The Athletic, Tezos’ sponsorship agreement with the 20-time English champions follows the end of Manchester United’s sponsorship deal with the American insurance company Aon.

Top GameFi Projects To Keep An Eye Out For In 2022 Since the launch of the Ethereum-based blockchain game, CryptoKitties in 2017, the decentralized gaming industry has exploded in growth, currently worth nearly $30 billion. Labeled GameFi for its utility and financial incentives, the market allows players to play to earn, giving them a passive income while enjoying the games. With over 2.5 billion online game players across the world, the GameFi industry shows strong signs of growing into a trillion-dollar market over the next decade. GameFi projects have tokens that players can buy or earn within the game, facilitating their performance within the game or they can be traded on open marketplaces in exchange for cash. Nonetheless, with numerous games being launched every other day, players entering the GameFi industry find it difficult to select the most profitable and enjoyable blockchain games. Not to worry, however, as we explain below some of the top new GameFi projects to look out for as we kickoff 2022.

Korean Incubator Hashed Raises $200 Million for Web 3.0 Investments Hashed, a Korean blockchain VC firm, has announced the launch of Hashed Venture Fund II, a new fund that will focus on investing in Web 3.0-based startups. The fund raised $200 million for these investments, and while the company did not disclose those who participated, it did announce it will be scaling operations to have a more global impact. Hashed Focused on Web 3 InvestmentsHashed, one of the biggest blockchain-based VC firms in Korea, has announced the launch of a new fund that will focus on Web 3.0 investments. Hashed disclosed its new fund, called Hashed Venture Fund II, would open with $200 million available to incubate startups in the Web 3.0 arena, including play-to-earn initiatives and decentralized finance companies. With this fund, Hashed wants to expand its influence and reach a global scale, connecting with creators in places not contemplated before. Hashed’s announcement, written by partner Baek Kim, states: We are carefully scaling our impact in key markets. In addition to our Seoul and San Francisco offices, we are expanding our Singapore office. To achieve this, Hashed is also revamping its executive structure, promoting two of its earliest collaborators, Sean Hong and Baek Kim, to general partners. Key Areas for InvestmentWhile the company did not disclose the investors behind this new fund, it did provide the general guidelines that will apply to the investments of the initiative. The funds will be directed to companies in three key areas: the metaverse, open finance, and web 3.0 infrastructure. The company has invested in play-to-earn initiatives and metaverse-based games such as The Sandbox and Axie Infinity before, so this announcement is no surprise in this field. What’s more interesting is the focus of the company on building web 3.0 infrastructure that could possibly be used by other protocols. The Hashed announcement stressed: We will focus on solving problems that improve end-user experiences, designing more engaging metaverse games, and making web3 services safer for mass adoption. The company is also working on several play-to-earn experiences of its own, designed by UNOPND, a sibling gaming company. This is the second fund Hashed has opened in less than a year, with the last one raising $120 million for similar investments. At that time also, the company declined to disclose the investors behind the deal.

Katsubet cryptocasino gives 10 FREE SPINS! Special offer from our partners Katsubet. Only for subscribers of our channel - 10 free spins for sign up! A huge number of games and slots, best service on the cryptocasino market! Register now with this link and get 10 FREE SPINS! Сryptocasinos are a new trend in the world of gambling. Major players such as KatsuBet and 7BitCasino are already in the top 10 of the world's casinos. Do not miss this chance to join the world of casinos with our partners! ‍