Crypto NFT Daily News

Crypto News Daily – Nexo May Acquire Crypto Platform Vauld!

Crypto News Daily: The Singapore-based Crypto exchange platform Vauld, which yesterday suspended all customer services, may get acquired by Nexo, a crypto lender.

Β» Vauld Signs Indicative Terms Sheet with Nexo for 100% Ownership

The announcement was made earlier in the afternoon on Twitter by Darshan Bathija, co-founder & CEO of Vauld. It further mentions that Vauld understands the distressed state of its customers and is working to ensure the protection of their financials.

  • Vauld founder further adds that both teams are working tirelessly on the due diligence to complete the transaction.
  • Therefore, Vauld users can expect further updates regarding the progress from the CEO in the upcoming days.

Β» More Crypto News Daily!

β†’ Crypto Today – Biggest Gainers Jump Over ~900%

The Crypto Market today rose to +15% to halt its streak of weeks-long decline, which sees some crypto coins rise to eye-watering highs!

  • The PAPPAY crypto coin listed on CoinGecko rose to 1000% in the past 24h.
    • Similarly, crypto coins on CoinGecko, namely GokuMarket Credit (GMC), Silva, ElonHype, and Sway Social, grew over 400% in the past 24h.
  • Coinbase-listed cryptos, namely Rare Governance Token (RGT), STEPN (GMT), Synapse (SYN), and Polygon(Matic) grew by 97%, 20%, 18%, and 17.58%, respectively.
  • LDO, DYDX, and CVX crypto coins listed on Binance grew beyond 29%, 26%, and 22%, respectively.

β†’ Crypto Tax Startup ‘KoinX’ acquires $1.5 Million Funding!

The KoinX app focused on making Crypto Tax solutions easier for the audience earns $1.5 million in funding from Polygon founder Sandeep Nailwal. Other names of investors include iSeed Fund, KubeVC, etc.

  • The Indian-made KoinX aims to acquire over 5 lakh crypto investors by Q2 2022.

β†’ Americans Lost +$185 Million in Crypto Romance Scams Jan21-Mar22!

The Federal Trade Commission (FTC) report releases data regarding 46k complaints from crypto investors made within the past 15 months.

  • FTC Report emphasizes people aged 20 to 49 are more than three times more likely to get scammed.
  • The individual losses in elderly citizens up to 70 years of age amounts to approximately $11,708 on average.
crypto news daily

β†’ Dubai-based ‘Billium’ Offers Copy Trading!

Customers now have the option and access to trading crypto on the Billium cryptocurrency market. It also offers Quicktime trades and copy-trading updates from pros, besides 

  • The platform allows registered traders to copy or emulate trade with zero lag.
  • Billium is also reported to launch its own BILT coin, in Turkey & Russia, by the end of the year.

Β» Crypto Sale Today – July 5th, 2022

On the global crypto market, the top cryptocurrencies prices or crypto today reflect the following figures:

  • (BTC) Bitcoin
    • Average Price: $19,754
    • 24h: + 1.07% ↑
  • (ETH) Ethereum
    • Average Price: $1,129
    • 24h: + 4.36% ↑
  • (BNB) Binance Coin
    • Average Price: $228
    • 24h: + 2.81% ↑
  • (XRP) Ripple
    • Average Price: $0.3193
    • 24h: – 0.04% ↓
  • (ADA) Cardano
    • Average Price: $0.4536
    • 24h: – 0.47% ↓
  • (SOL) Solana
    • Average Price: $34.18
    • 24h: + 1.0% ↑

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