Tesla to accept Dogecoin for merch
Elon Musk took to Twitter and again fueled the rally in Dogecoin through his tweet. He ignited the meme coin as his company, Tesla, was eyeing to make some merchandise buyable with Dogecoins and see the work in progress over it. The largest meme token zoomed 22% to $0.195 from $0.156.
German savings banks want to enable Bitcoin for 50M clients
German savings banks are planning to allow customers to invest in major digital currencies like Bitcoin and Ether directly from checking accounts. Savings banks in German-speaking countries, also known as Sparkassen, are working on a pilot to launch an in-house cryptocurrency wallet and exchange next year.
Bank of England again warns crypto could pose threat to financial system
The Bank of England has warned that the cryptocurrency industry and the risks associated with it may be a danger to the established financial system in time. “The point, I think, at which one worries is when it becomes integrated into the financial system when a big price correction could really affect other markets and affect established financial market players,” Sir Jon Cunliffe, Deputy Bank Governor, told the BBC.
Healthcare services firm converts some of its balance sheet to $ETH and $SHIB
Ask The Doctor, a Canadian healthcare service firm is continuing to make itself stand out from the crowd by converting more of its balance sheet from fiat to crypto. The company confirmed that it was going to add support for the three most popular dog meme cryptocurrencies: Dogecoin ($DOGE), Shiba Inu ($SHIB), Floki Inu ($FLOKI).
Bitcoin price dip may end Wednesday as Bitfinex bids hint at Fed ‘buy the news’ plans: Report
As per a CoinTelegraph report, Bitcoin could see its last day of downside as buyers line up to cash in on Wednesday’s United States Federal Reserve meeting. The Fed will deliver key information on the future of asset purchases (a form of quantitative easing) as well as inflation at the meeting, and bets are rising about the knock-on impact for both crypto and traditional markets.
Vulcan Forged game hacked, crypto assets worth $140 million stolen
Crypto-gaming ecosystem Vulcan Forged fell prey to a hack attack, losing $140 million (roughly Rs 1,062 crore) worth of users’ crypto assets. Hackers reportedly accessed the keys of 96 wallets, stealing 23.7 percent of the project’s circulating supply of tokens. The gaming ecosystem provides players with these crypto wallets built on Ethereum, Polygon, and VeChain blockchains and manages the key to these wallets.