Crypto News with Coinmonks

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**Crypto News with Coinmonks**

We provide daily updates on the crypto market, covering everything from a flicker in DOGE to Bitcoin adoption by El Salvador.

Latest Episodes:

Dogecoin As The Official Currency Of Mars? Elon Musk Wavers | Coinmonks News #51 Jan 02, 2022

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Dogecoin As The Official Currency Of Mars? Elon Musk Wavers

China may be against cryptos, but here’s why one still needs to pay attention

Schools Might now be Using Blockchain Technology

With around 300% rise as of January 2nd, 2022, PrimeCoin tops the list of meme coins

A prediction about NFTs for 2022, following the bizarre one on Bitcoin | Coinmonks News #50 Jan 01, 2022

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SEC Commissioner is Expecting Growth in NFT use cases in 2022

Indian taxman recovers $6.62M from WazirX for evading tax on commission

Shiba Inu Unveils First Phase of ‘DOGGY DAO’ to Empower $SHIB Holders

As per 1st January 2022, with around 500% surge CarsAutoFinance tops the meme coin list

Another Bizzare Prediction for Bitcoin, will it go beyond 200k? | Coinmonks News #49 Dec 30, 2021

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Fox Business, Brock Pierce, one of the wealthiest individuals in the cryptocurrency sector, indicated that he would not be shocked if the Bitcoin price touched $100,000 next year. He goes on to say that it's "possible" that the flagship coin may burst beyond $200,000.

If you were to be Paid in Bitcoin would you Love your Job More? Apparently Some People Do | Coinmonks News #48 Dec 29, 2021

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“To be paid in Bitcoin and not give me any pushback on it whatsoever, was huge in the decision," said MMA fighter Kevin Lee on signing with Eagle FC.

Salvador's inhabitants are complaining about lost bitcoins months after the country adopted Bitcoin as its official currency. There have been allegations that the Chivo wallet is not secure, which has hampered the digital wallet's uptake

A billionare just adviced to invest on bitcoin, What would you do? | Coinmonks News #47 Dec 28, 2021

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In a Christmas Twitter post, Mexican millionaire Ricardo Salinas Pliego advised followers to eschew conventional currency and invest in bitcoin instead.

According to Jesse Powell, the exchange, Kraken will evolve into a marketplace for nonfungible tokens and NFT-backed loans.

China, Binance, Huobi, and MEXC, among other major exchanges, announced this week that they will close China's fiat/cryptocurrency channels on December 31.

Spider-Man No Way Home Torrents May Contain Crypto Malware | MGAS Rug Pulled: $600K Lost | Coinmonks News #46 Dec 27, 2021

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Cryptocurrency malware has been spotted in a torrent download of the upcoming Marvel film Spider-Man: No Way Home, according to Reasonlabs.

PeckShield has issued a warning to investors about a potential rug pull on MetaSwap's MGAS coin today. The price of MetaSwap's MGAS token has dropped by 46.99 percent, according to them.

Bitcoin Price Back Above $50,000 | Bent Finances Makes a Stronger Comeback | Coinmonks News #45 Dec 26, 2021

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Bitcoin's price surpassed $50,000 on Thursday. According to statistics, the largest cryptocurrency by market size was trading for $50,978.58 at the time of my check, It was up 3.4 percent in the last 24 hours.

Bent Finances has made reparations for the funds misappropriated as a result of the fraud.

Turkey’s Crypto Law is Ready for Parliament | BiSwap Completes Largest BSW Token Burn Ever | Coinmonks News #44 Dec 25, 2021

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Turkey’s Crypto bill, When fully implemented, the crypto legislation will establish a new economic paradigm that might aid in the recovery of the lira's declining value.

BiSwap Decentralized Exchange (DEX) had its 23rd token burn, the largest in the protocol's history. The protocol burnt 2.7 million BSW tokens, which is about $5.1 million USD.

BNB Auto-Burn is Replacing Binance’s BNB Quarterly Burn | Coinbase CEO Sued | Coinmonks News #43 Dec 24, 2021

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Brian Armstrong, the CEO of the cryptocurrency exchange Coinbase, has been sued for allegedly copying the work of a firm called Knowledgr.

According to the official blog post, the new technology, dubbed "BNB Auto-Burn," would have two characteristics. It will be unbiased and observable.

Uniswap X Polygon, Sending MATIC to Record High | Hong Kong's NFT Project Loses $1.3M | Coinmonks News #42 Dec 23, 2021

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Uniswap is one of the most popular decentralised applications. To assist lower transaction costs, its users opted to put the protocol on Polygon as well.

Monkey Kingdom, a Solana nonfungible token (NFT) project backed by American DJ Steve Aoki, reported on Twitter on Tuesday that hackers stole $1.3 million from the community's crypto money through a security breach on Discord.

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