Blocknity News

Latest news and developments on #Bitcoin, #blockchain, #NFT and #altcoins.

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Hello, World 👋

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The #US regulator, the #SEC, filed a lawsuit against Coinbase last month, classifying its #staking service and several of the #tokens it lists as "securities." On the same day, securities institutions in ten states also started their own proceedings against #Coinbase.

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🚨#Crypto exchange #Coinbase has decided to pause its staking service in California, New Jersey, South Carolina, and Wisconsin.

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Coinbase officials stated that #cryptocurrencies staked before the decision will not be affected.

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ARK Invest Sells $12 Million Worth of Coinbase Shares

#ARKInvest #Coinbase #COIN #StockMarket #Crypto

https://t.co/xmM9Lntzlf

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Two hours after PeckShield's announcement, #Arcadia Finance confirmed the attack and paused contracts to prevent the flow of #funds.

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🚨Decentralized finance (#DeFi) protocol #ArcadiaFinance suffered a $455,000 #hacker attack due to a security vulnerability.

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Due to the vulnerability, the attacker could withdraw $455,000 worth of funds from #Ethereum (darcWETH) and #Optimism (darcUSDC) vaults.

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Storj and Filecoin Gain About 15% This Week

#STORJ #Filecoin #FIL #Crypto #Altcoin #Storage

https://t.co/NVvMXPvRDL

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Kusama also emphasized that a large-scale technical document called "#Worldpaper" will be published. Details of the new token called "#Treat" will also be shared for the first time at the event.

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🚨#ShibaInu-based #Shibarium will be released in a few weeks, according to the statement of Shytoshi Kusama, one of the developers of the #network.

#SHIB #SHIB2 @ShytoshiKusama

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Kusama said in the blog post that #Shibarium could be launched at the #Blockchain Futurist Conference will be held in #Toronto on 13 - 17 August.

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NFT Royalty Payments Hit Lowest in Two Years

#NFT #Royalty #Payments #NFTCommunity #Blockchain

https://t.co/4uByJ4f93b

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Focusing on decentralized identity technology, #Nuggets plans to design a private and secure system to prevent transaction tracking, fraud, and money laundering.

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🇬🇧Payment platform #Nuggets has teamed up with the Bank of #England to develop a privacy-focused network for Digital #Pound.

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BAYC NFT Collection Floor Price Drops to 20-Month Low

#BoredApeYachtClub #BAYC #NFT #NFTCommunity #OpenSea

https://t.co/MV3kwPJm2U

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South Korea Passes Crypto Law Focusing on Protecting Users

#SouthKorea #Crypto #Regulation #Bitcoin

https://t.co/Ll6agFRVG7

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It is unclear precisely what the company's current positions in these #coins are and how much can be put up for sale.

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Crypto lending firm #Celsius may begin selling its holdings in #Cardano (ADA), #Polygon (MATIC), #Solana (SOL), and some other #altcoins from July 1, following the approval of the judge overseeing the bankruptcy proceedings.

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According to court documents from last December, Celsius had 90 million #MATIC, 103 million #ADA, 161,000 #SOL, 3.3 million #LINK, 1.8 million Polkadot (#DOT), 200,000 Litecoin (#LTC), and 106,000 #AAVE in its wallet as of November 25, 2022.