Author: American Coins & Gold

Terra Website Compromised; Developers Warn Against Phishing Scam
Layer 1 blockchain Terra was targeted by a phishing attack over the weekend with the official website being compromised by hackers.

BNB Chain Exploiter Liquidated for M on Venus Protocol
This is the second major liquidation in under a week and potentially safeguards bnb prices from crashing suddenly.

First Mover Americas: Bitcoin Trades Flat; Vitalik Transfers M Ether to Coinbase
The latest price moves in bitcoin (BTC) and crypto markets in context for August 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto Analysts Split on Why Ether Outperformed Bitcoin During Last Week's Slide
The ether-bitcoin ratio rose more than 2% past week in a gain that’s inconsistent with its record of taking losses during bouts of risk aversion.

Crypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan
Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said.

Ethereum Co-Founder Vitalik Buterin Sends M ETH to Coinbase
Vitalik Buterin transferred over $1 million worth of ether to crypto exchange Coinbase on Monday.

Crypto Exchange Bitget to Tighten ID Requirements as Regulators Cite Fraud Concerns
Existing customers have until Oct. 1 to complete the process, after which time they will only be able to withdraw, cancel orders or close trading positions.

Bitcoin Held Steady Above K Over Weekend; XRP, LTC Buck Market Trend
Crypto markets saw one of the biggest long liquidation events since FTX’s collapse, with little buying pressure over the past few days.

Bitcoin and U.S. Real Yield Reach Strongest Inverse Correlation Since April
Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009.

Friend.tech Becomes Massive Ether Money Machine as NBA Players, FaZe Clan Join In
The application has zoomed to becoming the second-largest revenue maker among crypto protocols in just over two weeks.