CDS News

The Future Of Play-To-Earn Gaming: Telegram-Based Game Major Play-to-earn has become widespread due to the recent surge of Telegram mini-games, enabling anyone to get real cryptocurrency for performing even the most basic tasks. Major (@major), a game that has enthralled seven million players in just five days, is leading the way. In a matter of days, Major went from being a whisper in the cryptocurrency world to a worldwide sensation. It is evidence of the effectiveness of straightforward mechanics, as well as the deft use of Telegram’s most recent features and a founder who knows how to create a buzz around a winning concept.

July 12 Crypto News – DWS To Launch Germany’s First Regulated Euro Stablecoin By 2025 July 12 Crypto News – DWS, an asset management firm owned by Deutsche Bank, is on track to introduce Germany’s first euro-denominated stablecoin regulated by the Federal Financial Supervisory Authority (BaFin). This move signifies a pivotal advancement for the European financial landscape, as DWS oversees assets worth €941 billion ($1.02 billion) globally.

Bitcoin Poised For $100,000 By Year-End Amid Market Correction, Says Bitwise CIO The recent correction in the cryptocurrency market may present a lucrative opportunity for long-term investors, with several key factors potentially driving Bitcoin to $100,000 by the end of the year. Matt Hougan, the Chief Investment Officer at Bitwise, a prominent crypto asset management firm, shared his insights in a recent investor note on Wednesday. His comments came a day before the latest U.S. inflation data revealed a decrease for June.

Fed’s Rate Cut And Bitcoin : More Complicated Than It Seems Fed’s Rate Cut and Bitcoin: The Federal Reserve (Fed) seems increasingly likely to start cutting interest rates this year after yesterday’s inflation report, fulfilling crypto bulls’ long-standing desire for a more risk-amenable macroeconomic environment. The consensus in the crypto market community is that rate cuts, likely to begin in September, will boost fiat liquidity, catalyzing demand for riskier investments like bitcoin (BTC).

DeFi Protocols Targeted By Phishing Due To Squarespace Domain Flaw As vulnerabilities in Squarespace domains pose a significant threat to the decentralized finance (DeFi) sector through phishing attacks, Web3 professionals have shared essential advice on how users and those impacted can protect themselves.

Bitcoin Institutional Investors “Buy The Dip” As BTC Hits Multi-Month Lows, Analysis Reveals On July 11, an analysis by CryptoQuant disclosed a surge of 100,000 BTC purchases within a single week, signaling robust institutional interest despite Bitcoin’s recent price struggles.

The Impact Of Market Trends On Cardano Price As global market capitalization approaches $2.11 trillion, the cryptocurrency markets are once again exhibiting the growing strength of the bears. As the leading tokens are stabilizing within a limited range, Cardano, a third-generation token, is getting ready for a significant shift. In order to hit the upper critical resistance, the price is now building strength by staying in an upward consolidation.

Crypto News: SEC Closes Paxos Probe, Trump Set To Address Bitcoin Conference, Hamster Kombat Crypto News– Hello Thursday! Here’s today’s roundup: The SEC closes its BUSD stablecoin investigation, Donald Trump will speak at Bitcoin 2024, the German government reduces its BTC holdings to under 5,000, and more.

Dough Finance Reports $1.8M Loss In Flash Loan Attack Dough Finance Reports– Decentralized finance (DeFi) protocol Dough Finance lost $1.8 million in digital assets due to a flash loan attack. On July 12, Web3 security firm Cyvers flagged multiple suspicious transactions and worked with lending protocol Aave to confirm the safety of their pools, which were unaffected. However, Dough Finance bore the brunt of the attack. Cyvers reported that the attacker utilized the zero-knowledge (ZK) protocol Railgun to fund the attack, exchanging stolen USD Coin (USDC) valued at $1.00 for Ether (ETH) valued at $3,068 per token. In total, the attacker acquired 608 ETH, equivalent to approximately $1.8 million.

Solana News- Experts Foresee Solana (SOL) Bouncing Back After Latest Dip Solana News- Solana (SOL) is beginning to show signs of recovery after its recent price decline. Analysts are optimistic about several factors that could drive the token’s value higher.