NFT innovator HODL Assets acquires blockchain social commerce firm CoinLinked

HODL Assets, a nonfungible token (NFT) aggregator platform, has announced the acquisition of blockchain-based social network and commerce platform CoinLinked.

According to a release issued on Wednesday, Wall Street veteran and CoinLinked founder Jenny Ta will also join the HODL Assets team as chief operating officer.

More details can be found here

💰Ethereum traders expect volatility ahead of Friday’s $820M options expiry

Ether (ETH) will face a critical $820 million monthly options expiry on Friday, Aug. 27. That will be the first time that $3,000 and higher options will have a real fighting chance, even though bulls seem to have missed a good opportunity to dominate the expiry because they were too optimistic about Ether’s price potential.

https://cointelegraph.com/news/ethereum-traders-expect-volatility-ahead-of-friday-s-820m-options-expiry?utm_source=Telegram&utm_medium=social

🧮🏳‘It’s a new frontier’: Lake County treasurer among the first Illinois political candidates to accept campaign donations of Bitcoin, Dogecoin and other cryptocurrencies

https://www.chicagotribune.com/news/breaking/ct-crypto-illinois-elections-bitcoin-dogecoin-20210825-uelpwz77pvctxbxxkqijqom7ca-story.html

New giveaway from Binance!
Everyone can enter🥳

https://twitter.com/binance/status/1430902771738308621?s=21

Coinbase hires former Facebook exec as chief marketing officer

Kate Rouch will be joining major cryptocurrency exchange Coinbase after more than 11 years in various positions at Facebook

During Rouch’s time at Facebook, the number of monthly active users grew from 500 million to roughly 3 billion globally. Coinbase reported it had 8.8 million monthly transacting users as of June 30, 2021 with 56 million customers total, and seemingly wants to rely on Rouch’s experience to continue to grow.

https://cryptonews.net/1576209/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

✅Ethereum Consolidates Above $3,080 Support as Bulls and Bears Reach Indecision

The price of Ethereum (ETH) has declined over the past four days, but has found support above the $3,080 low. Today, the Ether price is trading at $3,119.04 at the time of writing.

The cryptocurrency's price has been unstable over the past 48 hours as it continues to fluctuate between $3,080 and $3,140. The largest altcoin has consolidated above current support.

https://cryptonews.net/1584031/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

Binance Will Support the Kava (KAVA), CertiK (CTK), and Oasis Network (ROSE) Network Upgrades

Withdraws and deposits will be suspended starting from 30.08

https://www.binance.com/en/support/announcement/238812a5057a4febafd639d07cdcfe2d

🧮Cryptocurrencies have a future, may become effective means of payment: Raghuram Rajan, former Reserve Bank of India governor.

“Right now, in this heady environment with asset prices really picking up, many cryptos are also being valued — not so much as a means of payments — but as assets in their own right," Rajan, who is professor of finance at the University of Chicago Booth School of Business, told Reuters.

https://www.livemint.com/market/cryptocurrency/cryptocurrencies-have-a-future-may-become-effective-means-of-payment-rajan-11629984774998.html

Coinbase slammed for what users say is terrible customer service after hackers drain their accounts

❇️ CNBC interviewed Coinbase users across the country and found thousands of customer complaints against the company.

❇️The interviews and complaints revealed a pattern of account takeovers, where users see money suddenly vanish from their account, followed by poor customer service from the company.

More details can be found here

🌏Blockchain technology can change the world, and not just via crypto

Over the last three or four years, blockchain adoption has expanded tremendously, and each industry is exploring different use cases for the technology. There are multiple aspects of blockchain — from business to technical and more — but with the way the industry is exploding, it’s really hard to get it right.

More :

https://cryptonews.net/1595355/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

📟Comparing Bitcoin And Crypto To The Internet In 1997

Bitcoin is still in its early stages of adoption at this point. Currently, less than 2% of the world uses BTC. Given the current world population of over 7 billion, this is a very small number. With only about 130 million people who use BTC today. Bitcoin has been called a bubble, a flop, and a host of names in the past. In the same way, the rise of the internet was dismissed in the late ‘90s. The current growth pattern of BTC puts it on par with the growth pattern of the internet in 1997.

https://cryptonews.net/1598509/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

❗️Bilaxy Hot wallet was hacked, ❌pls DON't send any funds to your bilaxy accounts again.

https://mobile.twitter.com/Bilaxy_exchange/status/1431794319795494913

🔥$400 Million in ETH Now Burned by Ethereum EIP-1559 Upgrade
An upgrade that burns ETH instead of using it to pay miners has taken $400 million ETH out of circulation.

EIP-1559 makes mining on Ethereum 1.0 a whole lot less profitable, since fees puff up in smoke instead of going to the miners that validate transactions. It’s still possible to pay miners to speed up transactions but only if users manually tip them

https://cryptonews.net/1605697/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

xSNX contract was exploited. Other contracts do not have similar vulnerabilities.

Be careful ⚠️

https://mobile.twitter.com/xtokenmarket/status/1431886520214904846?s=20

😜Costly Mistake: Mutant Ape NFT Sold for 17 USDC Instead of 17 ETH Worth $54k

After minting the Mutant Ape #5275 NFT hours ago, the holder then tried to sell it on OpenSea, but the deal did not go as he would have wanted. Instead of selling his Ape for $54,000, the owner mistakenly sold it for $17, which is 99.9% below a floor price of 7.95 ETH ($24,200).

https://cryptonews.net/1608459/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

📈Btc hodlers net position still growing

📖Ripple calendar vs SEC

The Bitcoin Network Continues to Strengthen as Hash Rate Doubles Since June

The mining sector has started recovering from the Chinese crackdown. Many miners have already migrated to other, more friendly regions like Europe and the United States to resume their operations. Thus, they reduced China’s dominance in the field and made the bitcoin network more decentralized.

So far, the hash rate has doubled since the June low. Data from Bitinfocharts shows that the computing power on the network has returned to above 130 GH/s, a 100% increase from its lowest levels of roughly 67 GH/s recorded two months ago.

https://cryptonews.net/1614925/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

😱🩸Cream finance got exploited again!
This time for 18 mln$

😐This is the 2nd time in six months!

https://etherscan.io/tx/0xa9a1b8ea288eb9ad315088f17f7c7386b9989c95b4d13c81b69d5ddad7ffe61e