Altcoin News

The South Korean commercial bank Nonghyup Bank (NH) has claimed that a member of its staff’s quick thinking helped prevent a major instance of crypto fraud.

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.

Bitcoin price corrected lower below USD 42,000. Ethereum declined sharply below USD 3,000, XRP is down 9%. BNB and SOL are down over 9%.

The IOTA Foundation, the team behind the IOTA (MIOTA) coin, has announced "the initial success" of its ongoing collaboration with Trademark East Africa (TMEA), an organization that aims to build a decentralized digital infrastructure for optimized trade exports, thus growing prosperity in Eastern African countries.

Following another hack suffered by blockchain protocol Thorchain, and the sharp drop in RUNE's price, the coin is now recovering.

Investors in AnubisDAO, a relatively new DeFi project which was promoted as a fork of OlympusDAO, have lost USD 60m due to one “critical mistake,” an anonymous person behind the project claims.

The smart contract platform Avalanche’s native AVAX token once again surged higher today, following massive price gains last week boosted by the news that it is integrating with the major decentralized finance (DeFi) protocols Aave and Curve Finance (CRV).

Bitcoin price started a downside correction from the USD 48,000 resistance. Ethereum failed again to surpass USD 3,300, XRP corrected over 5%. DOT rallied over 15%, and SOL gained traction above the USD 65 resistance.

John McAfee’s death last week in a Spanish prison complicates the US government’s intent to recover millions of dollars it says the software tycoon owed in taxes (USD 4.2m) and allegedly ill-gotten gains (USD 23m) from promoting cryptoassets, Bloomberg reported.

Local government authorities in the South Korean city of Iksan say they will clamp down hard on cases of illegal usage of a local stablecoin.