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Cryptocurrencies/Coins/DEAPcoin (DEP)
DEAPcoin price, market cap on Coin360 heatmap

DEAPcoin(DEP)

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$0.011417
(-2.66%)
0.00000049 BTC
Market Cap (Rank#286)
$80,031,575
3,467 BTC
Vol 24h
$1,283,261
55.5919 BTC
Circulating Supply
7,009,864,521.20
Max Supply
30,000,000,000
2h agocryptodaily
Curve Finance Asks Users To Revoke Recent Contracts After DNS Hack
Curve Finance became the latest target in a long list of exploits that have decimated the crypto space in 2022. The protocol reported that an exploit on the site’s nameserver and front end resulted in a loss of over $573,000. The protocol has since reported that the problem has been found and fixed. $570,000 Stolen From Curve Finance Automated Market Maker Curve Finance took to Twitter on Tuesday, warning users of an exploit on its site. The Curve team acknowledged the issue affecting the site’s front-end and nameserver, which appeared to be orchestrated by a malicious actor. The protocol stated on Twitter, “We are becoming aware of a potential front-end issue that is approving a bad contract,” the Telegram announcement read. “For now, please do not perform any approvals or swaps. We’re trying to locate the issue, but for now, for your safety, do not use Curve.fi or curve.exchange.” The team made a second announcement shortly after the initial one, stating they had found the source of the problem and addressed the issue. However, the protocol has asked users to revoke any contract approvals they may have conducted over the past few hours when the protocol’s front end and nameserver were compromised. “If you have approved any contracts on Curve in the past few hours, please revoke immediately.” The attack on Curve comes hot on the heels of another exploit, suffered by Nomad, leading the protocol to lose $190 million. Exchange Unaffected Curve stated in a follow-up that its exchange, which is a separate product, was unaffected by the hack. This is because the exchange uses a different domain name system (DNS) provider. The protocol added that users should continue to use the Curve.exchange until Curve.fi reverts to normal. “The issue has been found and reverted. If you have approved any contracts on Curve in the past few hours, please revoke them immediately. Please use http://curve.exchange for now until the propagation for http://curve.fi reverts to normal.” According to Curve, the hacker appeared to have changed the domain name system entry for Curve Finance. This forwarded users to a fake clone, which approved a malicious contract. However, the program’s contract was not compromised by the hack. Alarm Bells On Twitter While the attack on Curve Finance was ongoing, Twitter users speculated on the source of the attack. User LefterisJP speculated the attacker had used DNS spoofing to execute the attack on Curve. “It’s DNS spoofing. Cloned the site, made the DNS point to their IP where the cloned site is deployed, and added approval requests to a malicious contract.” Other users on Twitter were quick to warn fellow users about the ongoing exploit, stating that the protocol’s front-end had been compromised, while others noted that the hacker had stolen over $573,000. A Significant Impact On Curve The timing of the exploit could not have been worse for Curve.finance, which was winning favor with analysts, who had stated in July that despite the recent market downturn, Curve remained a viable option in the space. Researchers have several reasons for their bullishness around the protocol, specifically pointing out the growing demand for Curve DAO token deposits, the protocol’s yield opportunities, and its revenue generation thanks to stablecoin liquidity. This observation came after the protocol launched a new algorithm that allowed the exchange of volatile assets, promising to allow low-slippage swaps between any volatile assets. The pools use internal oracles and a bonding curve model, previously deployed by market makers such as Uniswap. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
9h agocryptodaily
Raullen Chai says IoTeX and MachineFi Lab support the Ethereum merge
Citi Group calls the merge the most significant in crypto history since bitcoin launched JP Morgan analyst say that thanks to the merge, crypto has found its floor The news comes ahead of MachineFi Lab’s historic W3bstream launch IoTeX and its core developer MachineFi Lab have announced they are prepared to fully support the Ethereum Merge, which could happen as soon as 19 September 2022. IoTeX is among several other blockchain projects that have come forward, announcing its solidarity with Ethereum's Proof-of-Work (PoW) to Proof-of-Stake (PoS) switch. "The Ethereum merge is one of the most long-awaiting events recently in the crypto and blockchain space," said IoTeX CEO and Co-Founder Raullen Chai. "The entire IoTeX team and I are very excited about Ethereum's transition to a Proof-of-Stake protocol and have ensured we are technically, completely ready ahead of time to support the merge." Chainlink announced it would not support any PoW Ethereum forks and would only support the Ethereum PoS. It called for caution, warning that PoW-deployed smart contracts could behave unexpectedly during the merge. Tim Beiko, the Ethereum developer, leading the software development for merging the current Ethereum blockchain with the Beacon chain, a new proof-of-stake consensus layer, said Ethereum users would unlikely notice any differences in the network's operation. Kraken Intelligence's most recent Monthly Market Recap and Outlook says investor confidence in Ethereum is rising. At the same time, ETH volatility has decreased ahead of the merge, an upgrade that makes Ethereum more environmentally friendly. Chandler Guo, a prominent Chinese Ethereum miner, has expressed opposition to the merge announcing plans to hard fork, a move that Tron's Justin Sun has backed. New York-based banking giant Citi Group also commented on the merge, one of the most significant events in crypto history since Bitcoin launched. The financial institution said that ETH would transition into a deflationary asset among the consequences of the merge and set it on a potential road map to greater scalability through sharding. CoinShares released a report saying, "institutions are flocking to Ethereum for seven straight weeks as the merge nears."Ethereum saw inflows totaling US$16m and is enjoying a near seven-consecutive-week run of inflows totaling US$159 million," the report adds. "We believe this turn-around in investor sentiment is due to greater clarity on the timing of The Merge where Ethereum shifts from proof-of-work to proof-of-stake." According to a Business Insider article, JPMorgan analysts believe cryptocurrency has "found a floor." They argue that the "real driver has been the Ethereum merge and positive data following the launch of the Sapolia testnet in early July and Ropsten testnet in June, indicating the merge is viable in 2022." Investors highly anticipate the upcoming event, it added. The news comes ahead of MachineFi's impending W3bstream release. Launching the world's most advanced data oracle is another milestone in the crypto space that will disrupt the IoT sector by providing a decentralized alternative for the internet connectivity of billions of intelligent devices. As stated by Samsung Next, Draper Dragon, and Escape Velocity Ventures, MachineFi Lab investor, this new digital asset category will undoubtedly shake the Web3 reward economy. It will give back control to billions of people of their data and empower them with revenues of up to $3,000 annually, a figure that will significantly increase over time. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
16h agozycrypto
US Treasury Sanctions Notorious Crypto Mixer Tornado Cash
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned popular cryptocurrency mixer Tornado Cash and blacklisted a list of associated Ethereum addresses.
16h agocryptopotato
Circle CEO Talks Tornado Cash Sanctions and the Fight for Privacy
The executive has promised to comply with the sanctions, but believes the department’s approach surrounding Tornado Cash “appears flawed.”
17h agocryptodaily
3 Cryptos To Buy During The Dip Season: Dogeliens, Cardano, And Synthetix
Blockchain-based assets like cryptocurrencies have paved the way for seismic shifts in the investment and financial services sector globally. As per Deloitte's 2021 Global Blockchain Survey, around 76% of the respondents claimed that digital assets like cryptocurrencies are likely to either replace or evolve as an alternative for fiat currencies globally over the next 5-10 years. The sentiment is mirrored by the rally in cryptocurrency prices and the launch of new products. Promising benefits like high returns that are immune to external factors, data privacy, and low transaction fees, these assets are disrupting the financial markets with global applications. For rookie investors who are looking for cryptocurrencies that could yield good returns even when crypto prices are going down, Dogeliens (DOGET), Cardano (ADA), and Synthetix (SNX) are good options. Here's a brief description of their key features. Dogeliens combines meme community power with utility In an effort to replicate the success stories of digital goods derived from dog memes, Dogeliens aims to catalyse the cryptocurrency universe with its niche features. Users can look forward to accessing cool DeFi features on the peer-to-peer platform without any interference from third parties. The open-source platform is built on Binance Smart Chain. The decentralized platform also has its own native token, DOGET, that can be used for a host of transactional purposes like staking and yield farming and also to earn rewards and voting rights. Users will be able to purchase it on presale. The platform's unique feature is that it takes a playful and engaging approach to users' experiences, right from amusing names of features to witty references to dogs, the platform is fun galore. For instance, the platform will offer free educational resources and courses to its users on blockchain technology, decentralized finance, and cryptocurrencies via its two initiatives, University of Barkington and Dogeliens Academy. At the University of Barkington, users could enroll themselves in a diverse program to learn everything under the sun about NFTs, DeFi, and blockchain technology. Meanwhile, at the Dogeliens Academy, users will be able to access a well-managed virtual classroom to educate them about cryptocurrencies, their scope and the course content would include informational videos and articles. A few areas of the facility would only be accessible by paying a fee or by token holders, but the majority of the facility would be free to use. The platform aims to donate 3% of the earnings made on each transaction to its charity wallet. At the end of each month, the Dogeliens community members would vote on the charities to which the assets would be sent. Cardano: Empowering developers with high-performance dApps The Cardano platform uses a proof-of-stake consensus protocol to enable its users to deploy scalable dApps. The network has its own native token, ADA, that can be used for staking, yield farming, and a host of other transactional purposes on the platform. Token holders also get to decide on key proposals concerning the platform's future development and how the treasury funds are utilised. ADA Token holders can earn rewards by participation either through their own stake pool or by delegating the task of staking to a third party. The quantum of rewards earned by a user depends on the number of tokens that are staked. Synthetix: Permissionless futures trading The platform enables its users to create synthetic assets with decentralized features and grants them exposure to real-world assets on a blockchain system. This way, investors can look forward to permissionless and hassle-free derivatives trading on blockchains. Users can also leverage Synthetix's liquidity and debt pools to get optimal prices with little scope for slippage. Synthetix members can use its native token, SNX, for any transactional purpose that they might encounter on the platform. Investors can earn weekly rewards and collateral with their staking activities. Dogeliens (DOGET) Presale: http://ufo.dogeliens.io/ Website: http://dogeliens.io/ Telegram: https://t.me/DogeliensOfficial Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
18h agocryptodaily
BTC/USD Bulls Eyeing 23522 on Upside: Sally Ho's Technical Analysis 10 August 2022 BTC
Bitcoin (BTC/USD) extended some of its recent sideways trading activity early in the Asian session as the pair continued to orbit the 23164.73 area, a level that represents the 38.2% retracement of the appreciating range from 20723.01 to 24674.01. Bulls are looking for a sustained break above the 23522.69 area, a level that represents the 78.6% retracement of the depreciating range from 24287.13 to 20715. Some Stops were recently elected below the 22501.07 area during the pair’s move lower to its weakest showing in several trading sessions, representing the 50% retracement of the depreciating range from 24287.13 to 20715. BTC/USD has been on the defensive since the beginning of August following July’s 15.3% gain and a 66.7% pullback through the end of July. The recent move higher to the 24666 area was a test of the 24558.33 level, representing the 50% retracement of the depreciating range from 31549.21 to 17567.45. Additional upside retracement levels in this depreciating range include the 26208, 28249, and 28557 areas. Additional upside price objectives and areas of potential selling pressures include the 25552, 26323, 26411, 26901, 27126, 27455, 28426, and 29669 areas. Below recent price activity, possible technical support and areas of buying pressure include the, 22582, 22141, 21596, 20446, 19852, and 19762 levels. Additional significant technical areas on the downside include the 16990.14, 14500.15, and 10432.73 areas. Traders areobservingthat the50-bar MA (4-hourly)isbullishly indicating above the 100-bar MA (4-hourly)andabove the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 200-bar MA (hourly) and above the 100-bar MA (hourly). Price activity is nearest the50-bar MA(4-hourly) at 23168.67 and the200-bar MA(Hourly) at 23191.19. Technical Supportis expected around16990.14/ 14500.15/ 10432.73 withStopsexpected below. Technical Resistanceis expected around25256.96/ 27455.20/ 32383.96 withStopsexpected above. On4-Hourlychart,SlowKis Bullishly above SlowDwhileMACDis Bullishly above MACDAverage. On60-minutechart,SlowKis Bearishly below SlowDwhileMACDisBullishly above MACDAverage. Disclaimer: This trading analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
20h agocoindesk
Cipher Mining Lowers Per-Terahash Cost of Mining Rigs Even as Quarterly Loss Widens
The miner expects to deploy 6.9 EH/s by early 2023.
20h agocryptodaily
Celsius CEO Under Investigation By Creditor Committee
The Celsius creditor committee has stated that it will be investigating the conduct of CEO Alex Mashinsky and other insiders. Committee To Investigate Celsius Debacle On July 27, the U.S. Trustee appointed the Official Committee of Unsecured Creditors for the bankrupt crypto lender Celsius Network. In its first official statement released on Monday, the committee revealed its intentions to conduct in-depth investigations into CEO Alex Mashinsky and other Celsius insiders on the grounds of problematic asset deployment decisions, prepetition transfers, and other issues. The seven individuals and institutional representatives who constitute the committee are Caroline G. Warren, Thomas DiFiore, ICB Solutions, Christopher Coco, Andrew Yoon, Mark Robinson, and Covario AG. They all hold digital assets in the Celsius platform and are highly motivated to maximize recoveries for all account holders and unsecured creditors. Celsius CEO’s Suspicious Behavior Mashinsky has been under a lot of fire for not being upfront about the conditions of the Celsius platform. However, as pointed out by the committee statement, he had continued to reassure customers about the stability of the Celsius platform even at the brink of bankruptcy. In fact, days before announcing bankruptcy, Mashinsky had claimed that the platform was successfully processing withdrawals, as it had more than sufficient reserves to support its operations. He also reassured the customers that all funds were well-protected on the platform under robust risk management frameworks. Barely a week later, Celsius paused all withdrawals, claiming a lack of liquidity. A month later, the company filed for bankruptcy. Committee Objectives In its statement, the committee declared that it had five main objectives, including the investigation of Celsius. It stated, “The Committee intends to thoroughly investigate the prepetition conduct of Mashinsky and other Celsius insiders, including the problematic asset deployment decisions, prepetition transfers, and other issues. The Committee has already started this investigation and will work to ensure causes of action against Mashinsky and others are preserved and prosecuted for the benefit of the Debtors’ estate and the Committee’s constituents.” Its other objectives include safeguarding account holders’ funds, overseeing the development of a viable business plan to preserve cash reserves, exploring strategic options to reorganize or sell the business, and establishing a clear line of communication with stakeholders. The committee has also set up a Twitter account to update the community on regular basis and will be engaging Kroll Inc. as its independent information agent. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
23h agocryptodaily
North Korea is using crypto hacks to fund nuclear arms program
The US is becoming increasingly worried that North Korean hackers are helping to fund their country’s nuclear weapons program. A UN report found that North Korean hackers stole more than $50 million in digital assets between 2020 to 2021. According to a report on The Charlotte Observer on Tuesday, up to a third of stolen crypto funds are being used to fund the North Korean missile program. Anne Neuberger, Deputy National Security Advisor for Cyber and Emerging Technology, who was quoted in the report, said: "That's a major issue, whether it's attacks against cryptocurrency exchanges or use of information technology workers in various countries." The UN report stated that crypto hacks were targeted at cryptocurrency exchanges in North America, Europe, and Asia. A previous report on the situation from 2019, outlined that North Korea had managed to raise $2 billion from very sophisticated cyberattacks aimed at banks and crypto exchanges. More recently, in April of this year, the FBI said that the sanctioned North Korean hackers known as the Lazarus Group were responsible for the $620 million hack of play-to-earn crypto game Axie Infinity. It seems that North Korea has mainly targeted cryptocurrency platforms given that regulations are still mostly lacking, and new projects are launching all the time with code that is sometimes not audited or has not been tried and tested. According to Jenny Jun, a political science Ph.D. student at Columbia University, North Korea was using its cyber capabilities for “political and economic espionage”, and that it was carrying out coercive and intimidating tactics in order to ensure the “survival and continuation of the Kim family rule”. Jun stated: "Even before the [emergence] of cybercrime, North Korea maintained an extensive illicit network to generate foreign cash, which was controlled by the Kim family to placate a small circle of elites, engage in repression and also pursue expensive weapons programs such as missile and nuclear programs," The Biden administration is countering the North Korean threat in cyberspace, and is working closely with other actors in the region such as South Korea and Japan in order to respond to the threat. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day agocryptodaily
Is crypto the answer to the long standing Universal Basic Income (UIB) conundrum?
From the outside looking in, universal basic income (UBI) can be viewed as a socio-political fiscal transfer policy that seeks to provide individuals — living in a certain region — with seamless access to a legally stipulated stipend without any caveats involved. Such a scheme is applicable on multiple levels, i.e. nationally, regionally, or locally with the idea having garnered a lot of interest from governments across the globe. However, despite this growing interest there have been no countries that have actually been successful in implementing a UBI model for a considerable length of time, even though some governments have launched similar-themed programs in order to provide for the neediest sections of their respective societies. For example, back in 2011, the middle-east nation of Iran rolled out an unconditional cash transfer scheme — worth approximately $45 — for its population in an effort to phase-out subsidies on bread, water, electricity, heating, and fuel. The amount was about 29% percent of the nation’s median household income on average. However, the program had to be dialed back as some Iranians came to believe that it was disincentivizing people to work. The largest and longest lasting UBI experiment in the world is currently taking place in Kenya, where a charitable organization called GiveDirectly has been doling out monetary handouts to a little over 20,000 people, spread out across 245 rural villages, since 2016. That said, one of the key criticisms of UBI has been that it often gives too much money to families that don't really need the assistance while providing little help to those people who really do. Crypto, DeFi and UBI — The larger picture There’s no denying the fact that the cryptocurrency industry — the decentralized finance (DeFi) market, in particular — has been able to accrue a lot of wealth for its early adopters, with many of these individuals now looking to give back to the underprivileged. Infact, just recently many seasoned industry personnel such as Ryan Selkis, Dan Matuszewski, Haseeb Quresh, amongst others promised to donate 1% of their wealth to charities through a project called The Giving Block. In this regard, the idea underlying a crypto-generated UBI scheme too has garnered a lot of attention recently. For example, GoodDollar is an initiative that uses yield farming to dole out digital asset-hinged stablecoins for free so as to promote financial inclusion on a global scale. To elaborate, the project creates and issues a stablecoin ($G) which can then be distributed daily to its users in the form of a universal basic income (UBI). To date, the GoodDollar has helped distribute a total of $223,673.27 as free income to its backers. The model is propagated by network participants who continue to deposit assets onto the platform and subsequently yield farm them using decentralized finance (DeFi) protocols including Compound or Aave. A majority of the accrued interest is returned to its supporters while the rest is used as collateral for new $G tokens which are then distributed on a daily basis. It is worth mentioning that late last year popular digital asset investment platform eToro announced that it was going to be committing $1 million to the protocol, thereby supporting the nonprofit’s effort to help close the wealth parity that exists across the globe using DeFi and smart contract technology. Other similar initiatives include Global Income Coin, a crypto non-profit that delivers a universal basic income of $1 a day to any person in need situated in any part of the planet. The initiative was recently able to raise $2M worth of funding from Sid Sijbrandij, the co-founder and CEO of GitLab Inc. Lastly, since the start of the year, ex-Twitter CEO Jack Dorsey has been talking about the possibility of a Bitcoin powered UBI platform that can help combat global poverty. UBI on the horizon thanks to crypto tech? As crypto-enabled technologies continue to gain an increasing amount of mainstream traction, it stands to reason that their use will continue to expand into realms previously thought to be unimaginable (such as various basic income schemes). In this regard, as more and more corporations from the realm of traditional finance start to become more conscious, they can donate small sums of money to protocols such as GoodDollar and Global Income Coin to help those in need using blockchain technology. Thus, it will be interesting to see how the future of this financial niche plays out from here on end. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
1 day agocryptodaily
Circle Freezes All Blacklisted Tornado Cash Addresses As Sanctions Take Hold
The USD coin (USDC) issuer, Circle, has frozen around 75,000 USDC worth of funds linked to 44 Tornado Cash addresses listed in the US Treasury Department’s sanctions against the protocol. The issue was highlighted by a Twitter bot, USDC blacklist, which scrapes the blockchain for USDC blocklists. Over 75,000 USDC Worth Of Funds Frozen Crypto data aggregator Dune Analytics announced the news of the freezing, which stated that the issuer of the USDC stablecoin had frozen over 75,000 USDC worth of funds that were linked to 44 Tornado Cash addresses that were sanctioned by the US Office of Foreign Asset Control’s Specially Designated Nationals and Blocked Persons (SDN) list. Tornado Cash is a decentralized application that individuals use to obfuscate any trail of crypto transactions on the Ethereum blockchain. Interactions With Sanctioned Addresses Prohibited US entities and individuals are prohibited from interacting with the virtual currency mixer’s USDC and Ethereum smart contract addresses on the SDN list. Any entity or individual that interacts with Tornado Cash’s Ethereum smart contract addresses and USDC could potentially attract a fine ranging from $50,000 to $10,000,000 and imprisonment ranging from 10-30 years. It is estimated that Tornado Cash’s smart contract addresses hold around $437 million worth of assets. These assets consist of Ethereum, Wrapped BTC, and a host of stablecoins. With the blacklist in place, issuers will now have to take steps to prevent transactions or redemptions of the assets in question. Circle’s Blacklist Policy Jeremy Allaire, Circle CEO, confirmed in June that USDC does feature a blacklist function to block addresses as and when legally required. USDC’s blacklist policy states that once an address is blacklisted, it can no longer receive any USDC into the address, and any funds held in that address cannot be transferred to any on-chain address. This means any funds held at the blacklisted address are effectively frozen indefinitely. Tornado Cash co-founder Roman Semenov revealed that his Github account was also suspended following the announcements of the sanctions. Potential Impact At present, the impact of Tornado Cash and its inability to operate is not known. However, California-based BitGo would have to make some adjustments to restrict access to Tornado Cash to comply with the sanctions. BitGo could suspend the redeeming of Tornado Cash-linked WBTC to abide by the sanctions. Pseudo Anonymous DeFi educator BowTiedIguan stated that the sanctions on Tornado Cash apply across the board. Even interactions such as Gitcoin donations, working for the project, visiting its website, downloading and running its client, and depositing/withdrawing from associated smart contracts could be deemed a violation. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day agocryptodaily
Chronoly.io Maintains 560% Growth For Weeks, Tezos (XTZ) And Stella (XLM) Continue Downward Spiral
The cryptocurrency market remains an uncertain terrain to dive into without proper trading skills and the knowledge of how the market works. Today, the market is up with investors "cashing out" big time. The next few minutes, the same investors are counting their losses. Despite the fluctuating nature of the crypto market, there are still some tokens that have managed to sustain their growth trajectory. These tokens have an experienced developmental team that has left no stone unturned in a bid to offer their users more value. Chronoly.io is a novel token that suits this description. While Chronoly has continued to maintain a 560% gain for weeks now, Tezos (XTZ) and Stella (XLM) appear to be on a downward trend. Read on to find out what the respective projects are doing to beat the negative market sentiment. Chronoly.io Has Everything To Surpass Popular Tokens Chronoly (CRNO) has been predicted to be the next big thing to happen in the crypto and NFT market. Despite the prolonged bearish market that plummeted the prices of most cryptocurrencies, Chronoly.io (CRNO) token maintains 560% growth for weeks. "Chronoly is bound to refine the NFT and cryptocurrency space," an investor who just purchased the token in the presale said. Chronoly.io is an Ethereum-powered marketplace offering fractional investments in luxury watches on a DeFi. Chronoly's focus is to lower the financial barrier of participating in the luxury watch investment business. CRNO, the project's native token, comes with lots of real-world use-cases, including granting token holders access to club membership and earning passive income from staking. The Chronoly.io team plans to collaborate with big influencers in the metaverse gaming space to offer more value to gamers and investors. Industry experts have predicted that the price point of CRNO might hit $1 in the coming weeks if the team continues in this trajectory. Including CRNO in your portfolio can be a game-changer, as the project is still in its early stage. Chronoly'sroadmap highlights different activities for its phrase three, including building strategic partnerships, expanding influencer outreach, and launching a lending protocol. Tezos (XTZ) Continues To Innovate To Offer Value Tezos (XTZ) has continued to suffer a price setback despite a halt in the global prices of most cryptocurrencies. The Tezosteam has promised users that it will continue to improve on its outlook to offer more value. Experts believe that improving Tezos' use-cases will further stabilize the token price point. Tezos is a smart contract platform that developers can leverage to create decentralized applications. It gained prominence as one of the leading blockchain-based projects to first implement the proof of stake consensus algorithm. Despite the fact that projects like Cardano and Solana have also implemented the proof of stake consensus algorithm, Tezos has not slowed down its innovative drive. Its native token, XTZ, has a wide range of use cases, including for the payment of goods and services on the Tezos protocol. Token holders can also use the token to participate in governance voting. Founded in August 2014 by Arthur and Kathleen Breitman, Tezos has a foundation geared towards supporting the community members. As of press time, Tezos (XTZ) trades for $1.78 USD with a 24-hour trading volume of $37,273,070 USD. Stella (XLM) Announces Smart Contract Platform “Soroban”, Plans To Extend Gains In the last 24 hours, Stellar (XLM) has been trending downward. This may not be unconnected to the global market sentiment. Popular coins like Bitcoin and Ethereum nosedived during the crypto waves, and now they are ready to enter into support. In a bid to offer more value to users and extend its gains, the Stellar (XLM) developmental team recently launched a smart contract platform known as "Soroban." The initiative to launch Soroban is part of the company's drive to encourage massive token adoption and offer more value to users globally. The announcement invited developers to jump on the bandwagon to create their own unique contracts. Once Soroban becomes active, Stellar (XLM) will provide users with a wide range of use cases, including transforming payment systems to compete with major blockchains like Ethereum. The team's focus is to provide investors and traders with an accessible, user-friendly, and scalable platform. Soroban has the potential to revolutionize the smart contract niche in the crypto industry. Soroban will be independent of the Stella (XLM) network but will be paired with XLM to provide users with equitable access and accessibility. According to Stella's (XLM) roadmap, the team plans to improve on the project in terms of participation, demand, and scalability. As of press time, Stella (XLM) trades at $0.114885 USD with a 24-hour trading volume of $126,162,543 USD. For more information about Chronoly.io presale Website: https://chronoly.io/ Telegram: https://t.me/Chronolyio Presale: https://presale.chronoly.io/register Twitter: https://twitter.com/Chronolyio Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
1 day agocoindesk
US Secretary of State Tweets, Deletes Claim That Crypto Mixer Tornado Cash Is North Korea-Sponsored
U.S Secretary of State Antony Blinken raised eyebrows Monday when he tweeted that the U.S. Treasury Department had "sanctioned virtual currency mixer Tornado Cash, which is a U.S.-sanctioned, DPRK state-sponsored hacking group, used by the DPRK to launder money." One hour and three minutes later, the tweet had been deleted and replaced with what the Treasury Department actually alleged: That Tornado Cash was used by a North Korean hacking group to launder funds.
1 day agocryptodaily
U.S. Treasury Bans Tornado Cash Mixer For Its Role In Crypto Money Laundering
The U.S. Treasury on Monday imposed sanctions on virtual currency mixer Tornado Cash for its alleged role in helping hackers, including from North Korea, to launder proceeds from their cybercrimes. According to a senior Treasury official, Tornado Cash, a type of anonymizing virtual currency exchange designed to preserve the privacy of blockchain users, has laundered more than $7 billion in virtual currency since it was created in 2019. The official added that the well-known North Korean government-backed hacking group, the Lazarus Group, which has conducted numerous data breaches, has laundered at least $455 through Tornado Cash. Tornado Cash was most recently implicated in a $100 million hack into virtual currency firm Harmony in June, and also in the breach of Nomad involving the loss of $8 million. The move from Treasure is the latest escalation in a series of enforcement against Tornado Cash and other crypto mixers such as Blender.io, which help to obfuscate crypto transactions by pooling funds together and then redistributing them to contributors. Brian E. Nelson, undersecretary of the Treasury for terrorism and financial intelligence said in a statement that the mixer had not taken the necessary steps to prevent its services from being used by some of the most prolific cybercriminals. He added, Today, Treasury is sanctioning Tornado Cash, a virtual currency mixer that launders the proceeds of cybercrimes, including those committed against victims in the United States. Despite public assurances otherwise, Tornado Cash has repeatedly failed to impose effective controls designed to stop it from laundering funds for malicious cyber actors on a regular basis and without basic measures to address its risks. Treasury will continue to aggressively pursue actions against mixers that launder virtual currency for criminals and those who assist them. The U.S Treasury official described mixers as an automated money-laundering service, used to facilitate anonymous transactions by mixing funds from multiple sources before distributing them to their ultimate beneficiary. Tornado Cash is the second mixer service to be sanctioned by the Treasury Department after it issued sanctions against Blender.io in May, which was also allegedly used by North Korean hackers to launder proceeds gained from hacking. Following the sanctions being imposed, it appears as though Blender.io is no longer operating according to the official. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day agocoindesk
US Government Amps Up Inevitable Clash With Crypto Privacy in Tornado Cash Blacklisting
The Treasury Department says Tornado Cash abetted $7 billion of money laundering, but that’s not likely to quiet crypto enthusiasts as they fight to stay anonymous.
1 day agocoindesk
Crypto Mixing Service Tornado Cash Blacklisted by US Treasury
The U.S. Treasury Department barred all U.S. persons from using Tornado Cash, alleging its use in laundering stolen crypto funds by North Korean hackers poses a national security threat.
2 days agocryptopotato
Hashstack Has Made the Switch to Starknet
[PRESS RELEASE – Bengaluru, India, 8th August 2022] Hashstack is thrilled to announce its strategic shift to Starkware developed Starknet — the first general-purpose permissionless Decentralized ZK-Rollup, to deploy Open — Hashstack’s money-market protocol to enable secure, under-collateralised loans on the blockchain. With this, Hashstack shifts its focus from EVM chains to zk-primitives to further its mission to build […]
3 days agocryptosrus
Voyager plans to resume cash withdrawals on Aug. 11
Covered: Voyager USD Withdrawals Voyager USD Withdrawals Crypto lender Voyager Digital Holdings has reported users may be able to make cash withdrawals from the app more than a month after suspending trading, deposits, withdrawals, and loyalty rewards. In a Friday blog post, Voyager said clients with U.S. dollars in their accounts could withdraw up to […] The post Voyager plans to resume cash withdrawals on Aug. 11 appeared first on CryptosRus.
3 days agocointelegraph
What is a decentralized money market and how does it work?
Decentralized money markets function without a custodian, allowing only the original user to withdraw funds deposited by lenders and borrowers.
4 days agocryptopotato
Uniswap Proposal Seeks to Create Independent Entity With a $74M Budget
The new proposal sees the funding being distributed on two separate occasions.
4 days agocoindesk
Data Provider DeFiLlama De-emphasizes Double-Counted Crypto Deposits After Saber Revelation
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4 days agocoindesk
The Price for Crypto’s Recovery: A New Narrative
Crypto recovery, and price gains, depend on use cases this time around.
4 days agocoindesk
DeFi Protocol Voltz Could Bring 150% Interest Rate on Ether Deposits
As the Ethereum blockchain's Merge approaches, traders and venues are seeing the event as an opportunity to pocket fat yields – possibly signaling a renewed appetite for risk in crypto just months after its big market crash.
4 days agocoindesk
Crypto’s Future Depends on Security, Ledger Exec Says
Alex Zinder, global head of hardware wallet maker Ledger Enterprises, joined CoinDesk TV’s “First Mover,” to discuss Solana’s $5 million exploit and what crypto needs to do to broaden adoption.

About DEAPcoin

The live price of DEAPcoin (DEP) today is 0.011417 USD, and with the current circulating supply of DEAPcoin at 7,009,864,521.20 DEP, its market capitalization stands at 80,031,575 USD. In the last 24 hours DEP price has moved -0.000496 USD or -0.04% while 2,293,092 USD worth of DEP has been traded on various exchanges. The current valuation of DEP puts it at #286 in cryptocurrency rankings based on market capitalization.

Learn more about the DEAPcoin blockchain network and how it works or follow the price of its native cryptocurrency DEP and the broader market with our unique COIN360 cryptocurrency heatmap.

DEAPcoin Price0.011417 USD
Market Rank#286
Market Cap80,031,575 USD
24h Volume1,283,261 USD
Circulating Supply7,009,864,521.20 DEP
Max Supply30,000,000,000 DEP
Yesterday's Market Cap81,797,500 USD
Yesterday's Open / Close0.012165 USD / 0.011669 USD
Yesterday's High / Low0.012212 USD / 0.011588 USD
Yesterday's Change
-0.04% ( 0.000496 USD )
Yesterday's Volume2,293,092 USD
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