coin
Why Did John McAfee Abandon His Ghost Privacy Coin Project?
Crypto advocate and technology pioneer John McAfee recently announced on Twitter that he has abandoned his Ghost privacy coin project.
KPMG Partners with Coin Metrics to Boost Institutional Crypto Adoption
KPMG has teamed up with Coin Metrics to enhance institutional adoption of blockchain and cryptoassets offering proprietary analytics, trusted data & insights.
Reasons Behind the Success of the Binance Coin
Since the beginning of 2019, Binance Coin (BNB) has been at the top of the list of popular cryptocurrencies, increasing in price by more than 200% in three months. This year, the token exceeded the performance of bitcoins (38.9%), Ethereum (30.7%), Litecoin (187.8%) and almost all other cryptocurrencies.
Kraken Donates $100K to Cryptocurrency Think Tank Coin Center, Following Grayscale’s Footsteps
Kraken crypto exchange has applauded Coin Center for the crypto research institute has played in furthering the cryptocurrency industry.
The Electric Coin Company Officially Passes Zcash Trademark to Zcash Foundation
The Electric Coin Company (ECC) stated that it is officially passing the Zcash trademark registration and protection to the Zcash Foundation by signing a contract.
J.P. Morgan Creates Onyx Blockchain Unit As JPM Coin Leveraged for Cross-Border Payments
JPMorgan Chase has set the ball rolling by deploying its digital currency, the JPM Coin, for commercial purposes creating a new blockchain business unit dubbed Onyx.
US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft
Two Chinese nationals, Tian YinYin and Li Jiadong were sanctioned yesterday by the US Government yesterday for their alleged involvement in laundering stolen cryptocurrency from a 2018 cyberattack. The pair have been charged with stealing nearly $250 million in virtual assets and laundering the money through converting BTC to USD and Chinese Yuan as well as through iTunes gift cards.
Investors Should ‘Seriously Consider’ Selling Some Crypto, says Ripple CTO as Bitcoin Tops $64,500
As many cryptocurrencies have undergone a bull run on the back of Coinbase’s direct listing, Ripple Chief Technology Officer David Schwartz has remarked that investors should liquidate some of their cryptocurrency holdings, particularly if they have a sizeable amount.
Marathon Digital Generated 184 BTC in Aug, Total Holding 10,311 BTC
Marathon Digital stated that as of August 31, 2022, it holds 10,311 BTC, with a total value of $206.7 million, and produced 184 BTC in that month.
S. Korean Regulators Oppose Busan's Regulatory Measures for Foreign Crypto Exchanges
South Korean financial authorities expressed their opposite stance against Busan City to provide special regulatory support for partners to establish digital asset exchanges.
Ethereum Could be Bigger Than Bitcoin by Market Cap in 10 Years, says Raoul Pal
Although Pal still believes that Bitcoin is the perfect collateral layer, he believes Ethereum may overtake Bitcoin by market cap in 10 years.
Bitcoin Set to End the Year with a Bang With Biggest Monthly Gain Since May 2019
Bitcoin is on track for its biggest monthly gain since May 2019.
CEO Jack Dorsey On Why the Future of Twitter Lies in Blockchain
Twitter CEO Jack Dorsey discussed Bitcoin and how blockchain technology can be leveraged to counter security breaches in an increasingly digital world.
Binance Completes 21st Quarterly BNB Burn With $548M BNB Destroyed
Following its quarterly burn, the Binance (BNB) Chain has successfully eliminated $548 million worth of BNB; however, the market remains unaffected.
Russian PM Considers Digital Assets for Cross Border Payment
Mikhail Mishustin, the Prime Minister of Russia, has hinted at the need to incorporate digital assets into the country’s economy as a way to ensure sustainable payment for goods and services in international trade.
Crowd Sentiment towards Crypto Turns Bearish as Inflation Data Looms
The crypto market has not yet been able to find the right footing based on tightened macroeconomic factors and Russia’s invasion of Ukraine.
Stablecoin USDC Issuer Circle Launches Verit-based Institutional Digital Identity System
On October 1, Circle, the US dollar stablecoin USDC issuer, announced the launch of an institutional digital identity system based on Verit, an open source framework for the issuance, custody and verification of decentralized identity credentials.
Oracle Red Bull Racing Streaks Ahead
Transcending Worlds: Oracle Red Bull Racing and Partners Make History Oracle Red Bull Racing and Partners create perfect storm of creativity, innovation, and passion
Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO
One of China’s largest bitcoin mining hardware makers, Canaan Creative, publicly filed for a U.S. IPO on Monday, The Block Reports.
Krafton Partners with Solana Labs to Develop blockchain-based Games
Game developer for PC and mobile devices Krafton partners with Solana Labs to develop blockchain-based games and services in the Metaverse world.
Millennium Management Hedge Fund Gains Exposure to Bitcoin through Grayscale
Millennium Management has gained exposure to Bitcoin (BTC) through Grayscale Bitcoin Trust (GBTC).
Plan to Reboot Terra Ecosystem as Terra 2.0 Wins Approval
The proposal to revive the troubled Terra network as Terra 2.0 got the green light from the community. Nevertheless, the controversial algorithmic UST stablecoin will not be part of the rebirth.
Why MicroStrategy Invested $425M in Bitcoin Rather than Gold
Michael Saylor says that Bitcoin is digital gold and explains his choice in diversifying his company’s investment portfolio with BTC over gold.
Singapore Exchange Launches SGX iEdge Bitcoin Index and iEdge Ethereum Index with CryptoCompare
Singapore Exchange (SGX) will launch crypto indices—the iEdge Bitcoin Index and iEdge Ethereum Index.
Grayscale Files with US SEC to Convert GBTC Into Bitcoin Spot ETF
Grayscale believes that if the SEC approves a futures-based ETF, the agency should be open to approve the physical based ETFs.
Animoca Brands' Yat Siu Foresees Fruitful 2024 with Strategic Investments and Partnerships Amid Rising Bitcoin Interest
Yat Siu of Animoca Brands predicts profitable outcomes in 2024 due to increased Bitcoin interest among mainstream institutions.
BlockFi to Sell $160 Million in Bitcoin Mining Machine
BlockFi aims to offer $160 million in loans secured by 68,000 Bitcoin mining equipment. November saw the crypto lender declare Chapter 11 bankruptcy. Defaulted loans may be undercollateralized.
Samsung Investment Exploring Hong Kong Spot-Bitcoin ETF
Samsung Asset Management is exploring a Hong Kong spot Bitcoin ETF. The Hong Kong Exchanges and Clearing Market, Asia's sole Bitcoin futures exchange, launched the company's Bitcoin futures ETF on Jan. 13.
Ethereum Releases Validator Launchpad for ETH 2.0 Testnet
Ethereum software developers finally released the validator launchpad for ETH 2.0, which enabled users to participate in the testnet’s Proof-of-Stake.
Rwanda’s Central Bank is Planning to Issue Its Own Digital Currency
Rwanda’s Central Bank, the National Bank of Rwanda is researching ways to issue its own digital currency.
FSB Releases High-Level Recommendations for Global Stablecoin Regulation
The Financial Stability Board (FSB) has published a comprehensive report outlining key recommendations for the regulation, supervision, and oversight of global stablecoin (GSC) arrangements. The report aims to address potential financial stability risks posed by GSCs at both the domestic and international level.
16.4% of Total Bitcoin Supply Back to Profitability as Daily BTC Addresses Edge Closer to the 1M Mark
16.4% of total BTC supply is back to profits, which indicates that approximately 3.08M BTC were last spent, and thus have an on-chain costs basis in this price range.
Central Banks Doubt Cryptocurrency Limited Role in Reserve Operations
A survey conducted by UBS investment bank shows that central banks do not expect a cryptocurrency to replace gold as a digital reserve asset.
KuCoin Rolls Out $100m Creators Fund to Accelerate Web3 Growth, Empowering Early-Stage NFT Projects
Crypto exchange KuCoin has announced a $100 million “Creators Fund” to enhance the Web3 ecosystem and support early-stage NFT projects in sports, arts, GameFi, and celebrities.
Worldcoin (WLD) Advances Privacy with Personal Custody for Iris-Scanned IDs
Worldcoin introduces Personal Custody, enhancing user control over biometric data generated via iris-scanning orbs for secure ID verification.
Blockchain.News is now available on Dow Jones Factiva Database
Industry insights, analysis, and exclusive interviews from Blockchain.News are now available on Dow Jones Factiva—a database that aggregates more than 33,000 trusted, high-quality news and content sources from across the globe.
Why Did Venezuela Block Citizens’ Access to Coinbase Crypto Exchange?
Venezuela has blocked access to Coinbase crypto exchange and MercaDolar fiat remittance platform, but why?
How Will Litecoin Perform in 2021?
Litecoin has gained momentum since March 2020 but it is also trading significantly below its all-time high making the cryptocurrency a solid contrarian bet right now.
P2E Games Need To Emphasize Their Narrative And Artwork Over Quick Monetization Efforts
The first generation of play-to-earn blockchain games has sparked global excitement. But unfortunately, one can't turn a blind eye to their glaring weaknesses and oversights either. For example, building a sustainable game requires a substantial focus on story, artwork, and content rather than monetization.
May 11: If You Can't Handle Me at My Worst, then You Don't Deserve Me at My Best...
What a volatile Sunday for Bitcoin as it plunged from $9,800 to $8,100 in a single hour, a very large outsized move for a weekend trading session that even Coinbase suffered an outage. There was no news/catalyst, instead I think it was a planned outsized sale that happened. A likely scenario is that a coordinated selling or take-profit via OTC and exchanges.
Cisco Partners with SingularityNET to Decentralize Artificial Intelligence with Blockchain
Tech conglomerate Cisco and decentralized artificial intelligence (AI) firm SingularityNET have reached a partnership to develop a decentralized Artificial General Intelligence (AGI) project. The ambitious project aims to create more advanced AI technologies that will soon be able to exceed human abilities to learn and perform new tasks.
Two Chinese Agents Charged for Bribing US Law Enforcement Officer with Bitcoin
The US has charged two Chinese intelligence officers with obstruction of justice for bribing a US government employee with $61,0000 in Bitcoin.
Bitcoin Recovers Its Losses After Early Week Plunge and Manages to Maintain Price above a Crucial Level
Bitcoin has rebounded after a steep plunge experienced earlier this week, which left investors hypothesizing about what lies ahead of the leading crypto asset.
Coinbase Going Public Might Not Benefit Cryptocurrency Market After All
Coinbase has allegedly started moving towards a stock market listing that could reportedly occur as early as this year—but would that necessarily enhance exposure for mainstream investors to the crypto market?
Warren Buffett Ditches US Dollar, Bitcoin Price Set to Soar
As the US dollar keeps plummeting, Max Keiser revealed that Warren Buffett has moved his assets out of the US market, setting Bitcoin for its next surge.
Utah Man Ordered to Settle Over $2.5 Million for Bitcoin Fraud by CFTC
Utah-based Jacob Orvidas has been ordered by the Commodity Futures Trading Commission (CFTC) to pay over $2 million and face a $500,000. The order revealed Orvidas deceived at least four individuals into investing in a leveraged Bitcoin commodity pool, claiming significant profits and monetary safety. He also failed to register as a commodity pool operator.
Crypto Watchlist: Biggest Losers This Week (AVAX, MATIC, KCS)
With most coins trading in the negative, here is a look into the three coins with the biggest weekly losses.
Binance Launches Incentive Campaign for USDC-M Perpetual Contracts
Binance launches a dual-incentive promotional campaign for USDC-margined perpetual contracts, targeting deposits and trading activities to stimulate market engagement and diversify trading options in the crypto futures market.
Former facilities worker who allegedly set up a secret cryptocurrency mining operation
After skipping a court arraignment session, Nadeam Nahas faces arrest for using a school's energy for bitcoin mining.
Digihost Plans to Move Mining Rigs from NY to Alabama, Expand Energy to 55 MW in 2023
U.S.-based crypto miner Digihost Technology Inc. plans to move drilling rigs from New York to Alabama, expanding energy capacity to 55 MW in the second quarter of 2023.
Grayscale Launches Bitcoin Mining-Centered Investment Entity
Crypto asset management firm Grayscale plans to launch a new private co-investment opportunity in mining hardware that enriches the bitcoin ecosystem.
Bitcoin Price Has Been Stable, It’s an Altcoin Season Right Now, Says CZ Binance
Bitcoin has been trading sideways for the last few months, with the stability around $9,100. Bitcoin (BTC) has been struggling to gain bullish momentum above $9,200. In an interview with Bloomberg, Changpeng Zhao, the CEO of Binance commented on the stability of the recent Bitcoin price.
Hut 8 Achieves Record High Annual Revenue of $173.8m
A prominent Canadian cryptocurrency mining company, Hut 8, achieves a record high annual revenue of $173.8 million. Bitcoin holdings will increase by 100% to 5,518 by the end of 2021, with a market cap of $323.9 million.
May 20: Be patient, some breakouts take time
BTC's open interest is holding steady while volume for the past few sessions has been slightly lower than the last two week's average that it feels to me we are likely to head into somewhat of a short-term inflection point where we make a decisive break to the up or downside. Just look at the doji candlestick closed yesterday, so here are two scenarios how I think what can pan out over the next few days:
Circle Denies Receiving 'Wells Notice' Over USDC
Circle's CSO refused SEC Wells notices for its USDC token.
Cathie Wood predicts Bitcoin preference shift due to ETFs and growing gold connection
ARK Invest CEO Cathie Wood reports a shift from traditional gold investments to Bitcoin, driven by spot Bitcoin ETFs and its increasing 'risk-off' role, especially during economic uncertainties like the regional bank crisis.
Bitcoin Can’t Drive Financial Inclusion for Unbanked But CBDC Can says Mastercard CEO
Ajay Banga, the CEO of Mastercard believes Bitcoin is unable to function as an inclusive currency for the world’s unbanked due to volatility, CBDCs are a different story.
Bitcoin Surges Past $20,000, Ether Bounces As USD Weakens
Bitcoin surged on Tuesday breaking back above the $20,000 level while major altcoins led by Ether rose on a positive market upturn as the US dollar fell.
Upland and FIFA Officially Launch the FIFA World Cup Qatar 2022™ Experience in The Upland Metaverse
Upland and FIFA have today announced a multi-year partnership that allows the Upland community and football fans worldwide to collect, trade, and own FIFA digital assets and game video highlights, pursuing a joint mission to help fans get a better understanding of how the metaverse and web3 work.
US Congressman Proposes Safe Harbor for Digital Token Issuers in a New Bill
A new bill has just been sponsored by an American lawmaker from North Carolina, Patrick McHenry, seeking to grant a safe harbor for some token transactions
Bitcoin Futures Reaches $50,000, Will Bitcoin Break Through $60K?
After undergoing a correction yesterday, Bitcoin’s price surged to $50K on major crypto exchanges like Binance, Huobi and Bitfinex.
McAfee's Ghostcoin Gets Backing as Payment in Hong Kong
John McAfee's Ghostcoin gets backing for use as a payment coin in Hong Kong across 60 vending machines including Disneyland.
TempleDAO Hacker Moves Stolen Funds to Sanctioned Crypto Mixer Tornado Cash
According to data from block explorer, Etherscan, the attacker of the TempleDAO hack, has moved the funds stolen via the recently sanctioned crypto mixer, Tornado Cash.
What Is a Bitcoin ETF?
Bitcoin ETF is a type of security that tracks the overall price of Bitcoin and enables investors to trade and purchase shares of it on traditional exchanges.
China Continues to Influence Crypto Activities Worldwide, Study says
Blockchain data platform Chainalysis published a report Wednesday, indicating China remains one of the largest cryptocurrency markets worldwide and continues to influence crypto activities worldwide.
B Squared Network Announces Seed Investments by HashKey Capital, OKX Ventures, IDG Capital
B² Network secures significant seed investments from top venture capitals for its innovative Bitcoin Layer 2 solutions, aiming to transform Bitcoin's utility and adoption in the crypto ecosystem.
Over Half of Crypto Token Listings Show Signs of Insider Trading, Reveals Solidus
In an eye-opening study, Solidus, a leading crypto market integrity platform, has uncovered signs of insider trading associated with more than half of all cryptocurrency token listings since 2021.
Paxos Discusses BUSD Stablecoin With SEC Following Wells
Paxos CEO Charles Cascarilla said the business was "engaged in productive negotiations" with the SEC and will continue to communicate privately.
BitMEX Research: Inflation Aftermath of Coronavirus Financial Crash Will Be Bitcoin's Greatest Test
In the aftermath of the current Coronavirus market crash and the subsequent incoming inflation that will be caused by the response of the Federal Reserve and Central banks, Bitcoin will face its truest test and be given its its biggest opportunity to prove itself in its short lifetime according to new research from global crypto exchange BitMEX.
MicroStrategy Plans to Increase BTC Holding by Selling Class A Shares Worth $500m
MicroStrategy Inc is planning to increase its bitcoin holdings through the net proceeds of its sale of up to $500 million worth of its class A shares.
Blockchain Security Firm Files Patent for Ransomware Solution EB Drive
Blockchain networking company Everything Blockchain, Inc. applies for a patent for its Blockchain drive (EB Drive).
UK Could Be The Next Crypto-Friendly Nation As Rishi Sunak Becomes Next PM
Will Rishi Sunak's appointment as the next UK PM spell good fortune for the crypto industry?
Crypto Lawyers Dispute SEC Chief's Jurisdiction Claims
Lawyers for the cryptocurrency industry have challenged recent comments made by the Chairman of the Securities and Exchange Commission (SEC), Gary Gensler, in which he claimed that all cryptocurrencies except Bitcoin fall under the agency's jurisdiction. The lawyers argue that the SEC must prove its case in court for each token individually before it can claim jurisdiction over them.
Iranian Crypto Miners get Cut Off as Country Activates Energy Saving Mode
The Iran Grid Management Company, also known as the Tavanir, has cut off the power supply to the country’s licensed cryptocurrency miners, a significant step against its backing for the controversial adventure.
Paypal will Enable Crypto Withdrawals to External Wallets
Paypal will enable crypto wallet withdrawal to external wallets, confirmed by one of its executives.
Crypto Exchange Coinsmart Announces Donations for Ukrainian Humanitarian Crisis
Canada-based cryptocurrency exchange CoinSmart announced it would donate aid for the emergency humanitarian crisis in Ukraine to help Ukrainian refugees.
Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong
Cryptocurrency exchange Huobi has reportedly been planning a reverse initial public offering (IPO) according to a document revealed by the Hong Kong Stock Exchange (HKEX).
Blockchain Infrastructure Firm Chain Completes Acquisition of MDT for $100m
Chain announced that the $100 million deal will provide the company with assets, including MDT, cash-back application RewardMe and financial data protocol MeFi.
Gold Regains Its Old Shines While Bitcoin Struggles to Maintain $37,500 Level
Gold moves higher while Bitcoin still struggles to maintain the support of around $37,000.
Reasons Why Bitcoin May Fall to the $40,000 Level
According to Glassnode, institutions and investors holding a large amount of Bitcoin reduced their holdings by 140,000 Bitcoins in February, which is equivalent to a reduction of 67.2 tenths since the beginning of this month.
Iran Government Offers Up To 20% Reward To Anyone Who Exposes Illicit Cryptocurrency Mining In The Country
Iran just offered a reward to anyone who exposes illicit cryptocurrency mining in the country.
Worldcoin Faces Investigation by Germany's Regulator
The Bavarian State Office for Data Protection Supervision has initiated an investigation into the Worldcoin crypto project, a new initiative that requires users to provide iris scans in exchange for a digital ID and potentially free cryptocurrency, according to Reuters.
Miami Plans to Distribute "Bitcoin Yields" To Local Residents
Miami is working on a plan to pay its citizens “Bitcoin yield” from the city’s cryptocurrency known as MiamiCoin.
Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC
Paxos Trust Company announced that it will go ahead with the launch of its blockchain-enabled Paxos Settlement Service after receiving No-Action relief from the U.S. Securities and Exchange Commission (SEC).
Animoca Brands Reached Agreement to Acquire Game Developer WePlay Media
On September 16, according to the official announcement, Blockchain gaming, and investment company, Animoca Brands announced that it has acquired WePlay Media, the developer of MotoGP Championship Quest, and reached a membership rights purchase agreement.
NFTs will Outrun Bitcoin due to the Proof of Ownership for Real-World Items, Kevin O’Leary says
Kevin O’Leary believes that NFTs have a bigger shot of surpassing Bitcoin because they can digitally show ownership of real-world things like flash cars or designer watches.
Is the Crypto Market about to Burst? Mark Cuban Compares Crypto Downtrend to Internet Stock Bubble
Shark Tank investor Mark Cuban says that the current crypto market is similar to the internet stock bubble of 1990 but that BTC and ETH will thrive regardless.
Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco
Senator Brown compared Facebook's Libra to the subprime mortgage scenario. His sentiments show the divided debate facing the Libra project.
Galaxy Digital Calls Coinbase Listing a ‘Netscape Moment for Crypto’ as Digital Assets Rise to New ATHs
Coinbase’s listing on Nasdaq has created quite a stir in the cryptocurrency industry and has served to push many cryptocurrencies to new all-time highs (ATHs).
Jim Rogers Predicts Economic Bailout Meltdown, Wall Street Investors will turn to Bitcoin Safe Haven
Chairman of Roger Holdings and prolific American investor Jim Rogers warns that the trillion-dollar bailout will lead to an economic meltdown.
Coinfest Asia Uses Web2.5 Theme and Will Feature Over 100 Speakers
Coinfest Asia 2023 by Coinvestasi is ready to return on August 24-25 2023, in Jimbaran, Bali. Carrying the theme of Web2.5, Coinfest Asia wants to strengthen the linkages between the Web2 and Web3 industries, thus forming a more resilient Web2.5 industry.
PayPal Flags User’s Cryptocurrency Trades as “Risky” and Freezes Remaining Funds
A PayPal user leveraging the financial payment platform’s new crypto features is left indignant after his digital currency trades were flagged.
Top Brazilian Investment Broker to Roll Out Crypto Trading Services in August
XP Inc., a leading Brazilian investment brokerage firm, plans to establish a crypto trading platform by mid-August, offering Bitcoin and Ethereum trading at the early stage.
Argo Bitcoin Miner Sells 637 BTC to Offset Costs & Outstanding Loans
Despite the market plunge, Argo Blockchain recorded increased Bitcoin mining revenues in June. Argo said the success has been attributed to the increased Bitcoin mining produced by S19J Pro machines.
Top Tips for New Bitcoin Investors
Investing in Bitcoin can be a complex and daunting process for beginners. That's why you should learn tips for investing in Bitcoin. Although you've heard stories of people making money from Bitcoin investments, you should be careful when starting.
Digital ETP issuer 21Shares Cooperates with German Bank Comdirect to Provide Crypto ETPs to Savings Accounts
21Shares, a well-known cryptocurrency ETP issuer, announced a partnership with the German online financial services bank Comdirect to diversify more options by providing cryptocurrency ETPs to their customer savings accounts.
Marathon Digital Holdings Sells Some of Its Bitcoin for the First Time
In January, Marathon Digital, the second-largest Bitcoin holder after Michael Saylor's Microstrategy, sold 1,500 BTC.
Cryptos in Space: The Future of Blockchain in the Final Frontier
People began hearing the word blockchain circa 2008. Over ten years ago now, but barely a drop in the boundless stream of time. This nascent technology soon planted its terrestrial roots and spread around many industrial sectors.
Why 74% of Chinese Crypto Miners Are Having Difficulty Paying Their Electricity Bills
Crackdown on money laundering and fraud in the Chinese crypto space has seen cryptocurrency miners pay the price, as cards linked to crypto have been frozen.
Chainalysis Adds Compliance Support to Track Privacy Coins Dash and Zcash
Chainalysis has just launched support for two of the most popular privacy coins, Dash and Zcash. Privacy coins are cryptocurrencies with privacy-enhancing features that allow users to gain total anonymity when making blockchain transactions. Privacy coins protect the identity of the users and the origins of the transactions, taking the anonymous and private nature of Bitcoin to the next level. Comparatively, Bitcoin protects some information, hence remaining pseudo-anonymous. The rest of the information, including transactions, addresses, and balances, is recorded in a public and permanently available ledger.
SEC to Keep Close Watch on Crypto Brokers and Advisers
The SEC stated the 2023 review goals would ensure crypto brokers and advisors follow "respectful standards of care."
Argo Blockchain Increases Daily Bitcoin Production Despite Network Difficulty Spike
Argo Blockchain increased its daily Bitcoin production to 5.7 BTC per day in February, up from 5.4 BTC per day in January, despite a 10% increase in network difficulty.
Central African Regional Bank Seeks to Introduce Common Digital Currency
The Bank of Central African States is considering creating a common Central Bank Digital Currency (CBDC) that would serve its six member states.
Instagram Influencers Sued by Investors for Falsely Promoting Crypto Tokens
Instagram influencers Kim Kardashian and American boxer Floyd Mayweather have been sued by investors accusing celebrities of falsely promoting crypto tokens to mislead investors.
May 8: Are you betting on the fastest horse?
What a day to usher into the weekend. BTC traded past $10k for a bit and now over 7% higher in the past 24 hours. The clear catalyst was Paul Tudor Jones announcing that his $22 billion fund will be investing in BTC a low single digit % of assets because it's a great hedge against a "great monetary inflation". It also reminded him of gold in the 70s, and I thought this was the highlight "At the end of the day, the best profit-maximizing strategy is to own the fastest horse. Just own the best performer and not get wed to an intellectual side that might leave you weeping in the performance dust because you thought you were smarter than the market. If I am forced to forecast, my bet is it will be Bitcoin.” It is also important to note this will largely remove much career risk of any hedge fund manager who wants to allocate into BTC today. Next wave of institutional buyers coming soon? Is that why CME listed futures open interest hit a record high yesterday?
UK to Accept Stablecoins as Form of Payment, Plans to Mint NFT by this Summer
The UK announced to accept stablecoins as a valid form of payment and has set plans to make Britain a global hub for cryptoasset technology and investment.
Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin
Mike Novogratz, the CEO and founder of Galaxy Digital asset management company, explains why he still loves cryptocurrencies.
$3.6B Worth Bitcoins Scam, Founders of South African Crypto Exchange Africrypt Are Missing
The total value of $3.6 billion Bitcoins disappeared while the founders of South African cryptocurrency exchange AfriCrypt are missing.
Stronghold Digital Mining Collects Coal Waste to Power Cryptocurrency Mining
Stronghold Digital Mining, based in western Pennsylvania, has found a new, environmentally friendly way to mine cryptocurrency, Reuters reports.
Institutional Trade-at-Settlement Product for Spot Bitcoin to be Developed by Blockfills and Tassat
Tassat and Blockfills partner with eachother to create an institutional Trade-at-Settlement (TAS) product for spot bitcoin (XBT/USD), which will expectedly to be open in the market for traders in mid-December.
Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan
Russian commercial bank Expobank has set the ball rolling in this nation by issuing a loan secured by crypto tokens, Waves crypto was used as collateral.
FTX and Busan Reaches Deal to Accelerate Blockchain Businesses
The City of Busan and the cryptocurrency exchange FTX signed a business agreement to support the establishment of the Busan Digital Asset Exchange.
Burnt Ether Tops 1 Million ETH as Non-Zero Ethereum Addresses Break the Record
Ethereum has been making notable strides in terms of burnt Ether after crossing the 1 million ETH mark.
Circle CEO Expects Yuan-Backed Stablecoins Despite China's Crypto Ban
According to SCMP, despite the stringent ban on cryptocurrencies in mainland China, Jeremy Allaire, the co-founder and CEO of Circle, a leading operator of the USDC stablecoin, foresees a significant role for yuan-backed stablecoins in the global crypto market.
Bitcoin’s Dominance Peaks as BTC Price Unmoved by XRP's Massive Sell-Off
Bitcoin’s dominance has reached a new high, and BTC’s dominance has not had much rejection so far.
Russia Plans to Use Digital Rouble In Settlements with China, Says Lawmaker
Russia used to resist legalizing crypto. However, it is now willing to embrace the use of cryptocurrency for cross-border payments due to geopolitical tensions.
Institutional Interest in Bitcoin Continues to Rise, Pushing BTC Above $50K - What's Next?
Bitcoin is currently trading above $52,000, as institutional investments continue to push the digital asset to new heights. Will Bitcoin retest its ATH anytime soon?
OneCoin Co-Founder Sentenced to Two Decades in Prison Over Multibillion-Dollar Fraud
Karl Sebastian Greenwood, co-founder of the OneCoin cryptocurrency scheme, has been sentenced to 20 years in prison for deceiving millions of investors worldwide, leading to losses exceeding $4 billion. The scheme, based in Sofia, Bulgaria, was marketed as a revolutionary cryptocurrency, but was later revealed to be a sham. Greenwood and co-founder Ruja Ignatova used the scheme to finance extravagant lifestyles.
Is Bitcoin Gearing Up to Exit the Current Bottom?
Since Bitcoin has been trading above the psychological price of $20K, Glassnode has released its weekly on-chain report titled “Hammering Out The Bottom,” scrutinizing the stakes and the risks that may lay on the road ahead.
Argentina Believes in Bitcoin and Cryptocurrency as Most Effective Hedge Against Inflation, Paxful Survey
Over 70% of Argentines see cryptocurrency, particularly Bitcoin as the most effective way to hedge against inflation and store financial value
Coinbase Will Not Bar Russian Users Unless New Laws Requires: CEO Brian Armstrong
Coinbase CEO says the exchange will not ban Russian users, citing the fact that many citizens are not supportive of the decision of their president to go to war against Ukraine.
Why Bitcoin May Have to Fight the $50K Mark a Bit Longer
Crypto trader Carl Martin believes that $50,000 might be the new resistance level that Bitcoin has to fight to continue its upward momentum.
Chinese Authorities Pressure Bitcoin Miners to Scale Down Operations
Authorities in Sichuan, China has been reportedly pressuring Bitcoin miners to scale down their operations due to electricity shortages. During the dry season, extending from October to April, the electricity supply drops in the province.
Russia's Apex Bank Grants DFA License to Atomyze, the Nation's First
The Central Bank of Russia (CBR) has granted the Digital Financial Assets (DFA) services license to Atomyze LLC, the first startup in the country to become an asset manager.
U.S. Appeals Court Approves Seizure of Over $3 Billion in Bitcoin from Silk Road
The U.S. Ninth Circuit Court has finalized the seizure of 69,370 Bitcoin from Silk Road, worth over $3 billion, following a landmark legal process affirming the government's claim.
Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde
Christine Lagarde, the president of the European Central Bank (ECB), has highlighted that stablecoins could pose a serious threat to monetary sovereignty and financial stability.
Exclusive: How to Achieve Interoperability Between Polkadot and Bitcoin?
Claimed as the candidate of Decentralized Web 3.0 Blockchain interoperability platform, what makes Polkadot so popular? We are glad to speak with Jack Platts, Head of Collaborations of Web3 Foundation to share with us how Polkadot is interoperable with Bitcoin! He also explains the GRANDPA protocol of Polkadot and how Polkadot can interact with Ethereum!
Twitter CEO Endorses Bitcoin For Black America
According to his tweet on February 23rd, while promoting the book discussing Bitcoin’s huge potential benefits to the African-American community, Jack Dorsey, CEO of Twitter who is no stranger to controversies in the media, used the fanbase of his Twitter platform for this cause.
What Happens When AI Meets Bitcoin and Crypto: Insights from Arthur Hayes
Arthur Hayes discusses the potential impact of AI on society, predicting that AI and robotics will eliminate tedious work, leading to a renaissance of art and culture. He believes AI could overtake humans and change the course of humanity overnight. Hayes believes Bitcoin will be the currency of choice for AI due to its digital nature, censorship resistance, and energy purchasing power.
Defiance ETFs' NFT-Linked ETF Soon to Launch in the U.S.
Defiance ETFs' Defiance Digital Revolution ETF (ticker NFTZ) is launching on Thursday and will track blockchain-related firms and the NFT index.
Greenidge Generation’s Bitcoin Mining Production Rose 18% in June
Greenidge produced 230 Bitcoins in June, an increase of 18% compared to production seen in May. The company also has ordered additional 200 mining machines to be on delivery to increase its mining ability.
H.E. Justin Sun Spoke at TOKEN2049
H.E. Justin Sun, founder of TRON and the Permanent Representative of Grenada to the World Trade Organization, attended TOKEN2049 in Singapore. It took place on 28-29 September. Sun was invited to share his insights on the decade ahead in the panel session titled "The Future of Crypto: Navigating the Decade Ahead.”
JPMorgan and CNBC Jim Cramer Predict S&P 500 to Rally to New Highs, Bullish Bitcoin Trend to be Expected
JPMorgan predicts that equities could rally 47% from here, after its 40% rebound from its lows in March, hinting at a possible Bitcoin bull run. Strategists at JPMorgan recently suggested that Bitcoin successfully passed its “first stress test” during March’s global economic crisis.
We Have Sufficient Evidence to Identify Actors Behind Massive Hack on Crypto Exchange, says KuCoin CEO
KuCoin CEO has announced that they have found sufficient evidence to identify the criminals behind the massive $280 million hack on the crypto exchange.
PayPal Expands Talent Hunting in Ireland to Speed up Crypto Development
Global Payment Platform PayPal speeds up to develop its crypto business. The company is seeking more crypto talent to join its team in Ireland, according to local media coverage Sunday.
WILL BITCOIN BECOME A GLOBAL LEGAL TENDER?
Bitcoin may be a sufficiently stable currency for El Salvador and its economy to rely upon. But this is a very small country from the point of view of the size of the economy, which will unlikely offset the global adoption of Bitcoin.
Bakkt And Galaxy Digital Announce New Bitcoin Service Aimed at Institutional Investors
Regulated bitcoin futures provider Bakkt and Galaxy Digital’s trading arm seek to cater to the rising institutional demand for Bitcoin. The two firms have just developed a new service targeting institutional investors looking to purchase and store Bitcoin.
MicroStrategy CEO Reveals why Bitcoin is a Better Investment than Gold
CEO of MicroStrategy Michael Saylor discloses why MicroStrategy chose to invest in Bitcoin rather other assets that may have seemed more plausible - such as gold.
DeFi Funding Skyrockets 190% in 2022
Digital asset investment firms invested $2.7 billion in decentralized finance (DeFi) projects in 2022, marking a 190% increase from the previous year, while investments into centralized finance (CeFi) projects dropped by 73% to $4.3 billion. Despite the overall crypto funding figures falling from $31.92 billion to $18.25 billion, DeFi saw a near three-fold increase, potentially signaling it as the new high-growth area for the crypto industry, according to a CoinGecko report.
Moneygram Partners with Stellar Blockchain Network to Enable Instant Crypto-To-Fiat Settlements Using USDC Stablecoin
MoneyGram has partnered with Stellar Development Foundation to enable customers to make settlements in different fiat currencies including cryptocurrencies using USDC stablecoin.
Tesla Has Cashed in $1 Billion from its Bitcoin Investment, says Analyst
Daniel Ives, an analyst at Wedbush Securities, has disclosed that Tesla is smiling all the way to the bank after cashing in approximately $1 billion in profits from its Bitcoin investment.
Magic Eden Halts BRC-20 Trading Temporarily Amid Ordinals Expansion
Magic Eden temporarily suspended BRC-20 trading on October 22, 2023, to ensure user protection until certain BRC-20 regulations were agreed upon. Earlier in June, the platform had extended support for BRC-20 tokens, diving deeper into the Bitcoin ecosystem. Following the halt, trading resumed on July 13, 2023, with a promotional reduction in listing fees to 0.1% for new BRC-20 tokens for a month.
Amid The Ongoing Crypto Market Dip, DeFi Tokens BAT, CELO, and HEDG Remain Resilient
The market correction though encompassing has some resilient tokens including BAT, CELO, HEDG.
Bank of America Initiates Research on Digital Assets & Crypto
Bank of America (BoA) follows the trend of cryptocurrency in response to the increasing user transaction demand and institutions' interest. Bank of America announced to initiate research on this powerful digital asset system.
Google Cloud Introduces Threat Detection System against Crypto-mining Malware
Google has announced the release of a new threat detection system for Google Cloud Platform customers against crypto-mining malware.
Which Cryptocurrency Was Most Correlated to Rest of the Crypto Market In 2019?
Find out which cryptocurrency was most correlated to the majority of the crypto market in 2019.
Ethereum Price Gains 45% in 24 hours, What’s Driving the ETH Price Rally?
The Ethereum price has made its largest single-day price gain in the crypto’s history, surging 45% in the last 24 hours, but what is behind the ETH price rally?
Bloomberg Predicts Bitcoin Price to Surge Past $20,000 in 2020, Doubling Last Year’s High
Bloomberg predicted in its recent report that Bitcoin’s price in 2020 could reach double of last year’s high of $14,000. It further suggested that adoption is the primary Bitcoin metric, and Bloomberg takes a positive outlook on this end. Bitcoin’s price has seen a 60% decline in 2014, and at the end of 2016, Bitcoin matched the peak in 2013. If Bitcoin chooses to follow the same trend as 2016, with a 75% decline in 2018, Bitcoin is headed towards $20,000, according to Bloomberg.
BTC Surges after Elon Musk Discussed With North American BTC Miners
Elon Musk disclosed that he held discussions with North American Bitcoin miners and agreed to support efforts to make crypto mining greener.
Dogecoin Becomes the 8th Largest Cryptocurrency After a Tremendous 313% Weekly Gain
Dogecoin has skyrocketed to the 8th spot on the crypto market after a tremendous 313% weekly gain.
Crypto.com Airdrops LeBron James NFT Series
Crypto.com airdrops the LeBron James NFT series to fans by placing QR codes in Big Game ads.
Property or Not? Bitcoin Thieves Released Because “Bitcoin is Not Property”
A Russian Court recently ruled a Bitcoin theft case as innocent, stating that Bitcoin was not considered a property. The victim sought restitution, after being robbed of 100 Bitcoins.
HK-Based Hardware Wallet Maker OneKey Raises $20m in Series A Funding
Hong Kong-based crypto hardware wallet maker OneKey has raised around $20 million in a Series A funding round.
ProShares to Launch First Ether ETF and Blended Crypto Funds
ProShares is set to launch the first-ever ETF focused on ether, along with two blended ETFs that offer exposure to both bitcoin and ether, on October 2, 2023. These new ETFs aim to provide a more accessible and regulated avenue for investors to gain exposure to cryptocurrencies, without the need for a separate crypto custodian or wallet.
Long-Term Bitcoin Holders Unfazed by Recent SEC Accusations Against Binance and Coinbase
Data provided by Glassnode reveals that the percentage of Bitcoin supply sent to trading platforms by long-term holders accounts for a mere 0.004% of the total. This figure underscores the significant inactivity of long-term Bitcoin holders amid intensifying market pressures, demonstrating an apparent indifference to the regulatory accusations faced by leading cryptocurrency exchanges, Binance and Coinbase.
Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product
SINGAPORE - On 18th May 2020, Matrixport will introduce the Fixed Income Investment Product and the Flexi-Term Investment product, where asset security is protected by a risk control mechanism by real crypto assets guaranteed by excess pledge.
Worldcoin Launches Advanced Identity Verification in Singapore
Worldcoin expands to Singapore with World ID verification, following a temporary pause in India due to high demand and regulatory scrutiny.
Silk Road Programmer Pleads Guilty for Covering Up His Darknet Involvement to FBI and IRS
Silk Road computer programmer Michael R. Weigand pleaded guilty for providing false statements regarding his involvement with the darknet marketplace.
US DOJ Announces Leader for New FBI Crypto Unit
The new national cryptocurrency enforcement team will be led by a prosecutor who led the case against a Russian hacker, the U.S. Department of Justice said, adding that the FBI will launch a unit for blockchain analysis and virtual asset seizure.
Coinbase and Circle Add Algorand Blockchain to Multi-Chain USDC Stablecoin Framework—Faster than Ethereum
Coinbase and Circle Centre Consortium have expanded USDC from Ethereum to Algorand’s blockchain as part of its multi-chain USDC framework.
Federal Reserve Chair Powell Affirms There Is Ongoing Research for a Digital Dollar
The Federal Reserve Bank is involved in a large-scale research and development regarding digital dollar, says Chairman Jerome Powell.
Market Slips Into a Bear Motion, Fate in The Merge of ETH Might Reboot Positive Sentiment
The expectation of embracing upcoming upgrades of Ethereum will also spread out to other altcoins even though the coin’s successes will be a way of demarketing the offerings of the so-called “Ethereum Killers”.
Switzerland’s New Regulations for Blockchain And DLT Trading Facilities Usher In A New Era Of Clearer And Lighter Regulatory Regimes
A short article piece submitted by Christoph Besmer, Trade Commissioner, Investment Promotion Switzerland.
5% of Coinbase Employees Leave the Exchange, Rejecting Its “Apolitical Stance”
About 60 employees have left Coinbase cryptocurrency exchange because of the firm’s new controversial policy.
Gumi Cryptos Capital Launches $110m gCC Fund II, Investing in Crypto Startups
Crypto venture capital firm Gumi Cryptos Capital(gCC) has launched a $110 million second fund, gCC Fund II, to invest in about 50 cryptocurrency companies through equity and tokens.
ARK Invest CEO says Bitcoin Is a "Much Bigger Idea than Apple or Amazon" as Crypto Gains More Recognition
Cathie Wood, the CEO of Ark Invest who made a bullish prediction on Tesla when Wall Street was skeptic, has made yet another one – and it’s on Bitcoin.
$136M Inflow into Crypto Assets, Bitcoin Remains Preferred Choice
In the latest update from CoinShares, digital asset investment products have seen a significant inflow of $136 million in the past week. This surge marks the third consecutive week of inflows, totaling $470 million, effectively offsetting the outflows observed in the preceding nine weeks.
Already Driving Real-World Crypto Usage, Gleec Team Launches New Exchange
The global crypto ecosystem only expands as users realize the real-world applicability of digital assets and distributed ledger technology. Alone, the worldwide blockchain market size projects to grow to $23.3 billion by 2023 hinged on an 80.2% compound annual growth rate. Market size totaled $1.2 billion in 2018.
HK-based Coinsuper Under Scrutiny after Failed Transactions Since Nov 2021
Customers of Hong Kong-based Coinsuper have been unable to withdraw money or tokens from the bourse since late November, review from messages on the firm’s official Telegram chat showed.
Cardano Scoop: ADA/BTC Flirts with Support as Selling Pressure Increases
Cardano price at 818 satoshis, trading later at -3.67% at 789 satoshis. Around 29.45 million of the volume was generated during the trading session on Monday.
MicroStrategy to Issue $400 Million in Securities Offering to Hoard More Bitcoin
Michael Saylor, the CEO of the billion dollar firm revealed that the firm plans to issue $400 million securities offering into Bitcoin.
Crypto Intermediaries Must Register with the SEC in Some Capacity: Gensler
US Securities and Exchange Commission (SEC) Chairman Gary Gensler said crypto intermediaries should be registered under the SEC.
Texas Authorities Slap “Bitcoin Pope” and Forex Birds with Cease and Desist Order for Fraudulent Investment Scheme
An emergency cease and desist order has been issued against the “Bitcoin Pope” trader, under allegations of fraudulent cryptocurrency investments.
Data Shows US Economy Shrinks Amid Recession while Crypto Surges in Bearish Rally
According to the New York Empire State Index, a weakening of the U.S economy is worrying manufacturers. Meanwhile, Bitcoin and other cryptocurrencies are seeing a rally in their movements.
Seoul Court Issues Arrest Warrant for Do Kwon and 5 Others
Do Kwon and five others have allegedly violated the nation's capital markets law and have been issued a warrant from the court in Seoul. LUNA and LUNC both collapsed after the arrest warrant was issued.
KuCoin Terminates Accounts of China’s Users, Following Other Cryptocurrency Exchanges
Crypto exchange KuCoin has revealed that it is closing accounts associated with Chinese users. The development is another blow to investors in Bitcoin and other crypto-assets in Mainland China amid the latest crackdown on the sector.
TRON DAO Announces New Grants Program to Foster Growth of Overall Ecosystem
TRON DAO is thrilled to announce its Developer, Community Ambassador, and Influencer Grant Programs to BUIDLers on the TRON network. As one of the largest DAOs, TRON is always looking for new opportunities to grow its ecosystem and further engage its vibrant global community. The Community Ambassador Grant Program will encourage a gateway between the DAO and multiple dedicated TRON friends and families to expand the TRON ecosystem. With a quarterly grant allocation of $30,000, the program will cultivate relationships between the DAO and established Ambassadors actively engaged within the TRON Community.
Aave Outpaces Market with 9% Growth in Q2 2023, Launches GHO Stablecoin
ave's Q2 2023 report shows a 9% growth in total value supplied, outpacing the market. Key developments include the launch of GHO stablecoin, a rise in stETH deposits, and the anticipated release of Portals.
“VISION 20/21” – Finding Clarity in Uncertainty at Business of Design Week (BODW) 2020
The change and uncertainty of 2020 has shown how vulnerable we all are. However, as we look forward to 2021 and beyond, we have the power to change how we view these times, find fresh impetus and imagine new possibilities based on our real needs and what truly matters.
Polygon NFT Gaming Firm Cross the Ages Secures $12m in Seed Round, Backed by Ubisoft, Animoca
Blockchain game "Cross the Ages" (CTA) has received a $12 million seed round from gaming crypto investment firm Animoca Brands, video game developer Ubisoft, and Sebastian Borget, co-founder and COO of The Sandbox.
Hong Kong Resumes Discussion on Stablecoin Regulation, Offering 5 Options to the Public
The Hong Kong Monetary Authority (HKMA) has published a discussion paper in which it is soliciting the public’s contributions to its proposed regulatory approach to digital currencies and stablecoins.
Bitcoin Network Breaks Record With 22.3 Million Unique BTC Addresses in January
The Bitcoin network was busy in January with over 22.3 million active BTC addresses sending or receiving the cryptocurrency.
Bitcoin Tops $40,000 for The First Time but Experts Warn of Looming Price Correction
The price of Bitcoin has rallied to a new all-time high over $40,000 on Thursday, January 7. A price correction is likely to happen, and experts explain why.
BTC's Average Transaction Fee Drops below $1 for the First Time within 2 Years
The average transaction fee for Bitcoin fell below $1 due to falling market prices and lower mining difficulty.
One Whale Trades Majority of Ethereum for Bitcoin
A crypto whale traded 5,500 Ethereum for 344.1 Wrapped Bitcoin (WBTC), valued at $8.85 million, diversifying its portfolio. The whale purchased these 6,541 Ethereum on September 9, 2023, at an average price of $1,630, totaling 10.66 million USDC. The transaction demonstrates strategic planning and market understanding.
Chinese Police Put MicroBT CEO Under Microscope Over Alleged Dispute With Bitmain
Chinese Police have just resumed its investigation of intellectual property infringement involving Yang Zuoxing, CEO of Shenzhen Bit Microelectronics Technology and Bitmain.
Chainlink (LINK) Massive Bull Run Rallies to Another New All-Time High, Up 700 percent in 2020
Chainlink (LINK) has surged by 52 percent in the past 24 hours, reaching its new all-time-high a $13.8799. Chainlink’s LINK price declined and showed a correction on Aug. 5, however, the current uptrend has proved to be strong. While LINK has attempted to reach $14, and most other altcoins are in the green.
UAE Markets Regulator Approves Trading of Canadian-Based Bitcoin Fund on Nasdaq Dubai Stock Exchange
The Dubai Financial Services Authority (DFSA) has cleared the launch and trading of Canadian-based Bitcoin fund on Nasdaq Dubai Stock Exchange as part of the effort to provide investors based in the Middle East access to the cryptocurrency investment services.
Bitcoin Halving: Everything You Need to Know in 5 Minutes
In May 2020, Bitcoin is expected to experience its third halving in history. Bitcoin halving refers to the halving of Bitcoin block rewards, which occurs once every 210,000 blocks created (approximately every 4 years).
Mintology Announces The Launch of New Brand Centric Claimable NFT Platform
Founded in 2021, Mintology is launching a new concept to the market this year, allowing brands of any size to connect with customers, fans and prospects by giving away NFTs at no cost. The NFTs are used as a claimable and marketing tool.
New Money Theory Research: Blockchain to Usher in the New Age of Monetary and Financial Freedom
New Money Theory Research: Blockchain to Usher in the New Age of Monetary and Financial Freedom
How Can Bitcoin Be A Safe-Haven Asset When It Is So Greatly Influenced by a Tweet, says Peter Schiff
Peter Schiff says Bitcoin is not money, pointing to the influence Elon Musk's tweets has over the cryptocurrency as an explanation.
Bitcoin Cash advocate Roger Ver sued for $20.8 million
Genesis sued Roger Ver for $20.8 million in unpaid crypto options. GGC International sued Ver in New York State Supreme Court on Jan. 23. BCH has not reacted to the lawsuit.
ZachXBT's Defamation Lawsuit Receives Over $1 Million in Donations as Prominent Figures Rally Support
In a surprising turn of events, renowned on-chain analyst ZachXBT has exceeded his initial fundraising target, amassing a staggering $1,055,233 in donations, according to Nansen data. This remarkable achievement has been made possible through contributions from various entities and influential figures within the crypto industry.
Messari Releases Research Reports on the TRON Ecosystem and the Stablecoin USDD
Messari, the leading provider of crypto market intelligence, released two quarterly analysis reports related to the TRON ecosystem – State of TRON Q3 2022 and State of USDD Q3 2022. The two most significant highlights in the comparison of Q3 with Q2 2022 were the 480.4% increase in the number of holders of USDD and the 71% increase in the Total Value Locked of TRX. Both reports indicated positive conclusions about the stability and secure strength of USDD and the TRON network as a whole.
Ransomware Gang Evil Corp Group Strikes Again with New Ransomware WastedLocker
A ransomware gang called Evil Corp Group is back in action again, after having been in retirement for an undetermined period of time. The malware hacker group strikes again by developing a ransom software dubbed WastedLocker.
Monero: Deep Dive
Monero (XMR) was the first cryptocurrency of its kind to offer advancements in privacy and fungibility.
Invesco Puts Blame on U.S. SEC Rules for Decision to Withdraw Bitcoin Futures ETF
Invesco eventually talked about what prompted it to pull out its filing for Bitcoin futures ETF. The firm faulted SEC rules for the disaster.
Coinbase to Boost European Derivatives Market Presence with MiFID II License Acquisition
Coinbase is set to expand in the EU derivatives market by acquiring a MiFID II licensed entity in Cyprus, targeting regulated derivatives offerings like futures and options in 2024.
Mercado Bitcoin, Stellar Team Collaborate on Brazil’s CBDC Project
Mercado Bitcoin and the Stellar Development Foundation will explore the possibility of developing CBDC solutions to meet Brazilian future payments needs in a digital economy.
Binance Rewards Crypto Literacy with Bitcoin NFTs Knowledge Contest
Binance introduces a Word of the Day game focusing on Bitcoin NFTs, offering 500,000 Binance Points to participants during the Bitcoin Halving celebration.
Britain Eyes Becoming a Crypto Hub, Upgrading the Market by Adopting DLT
In pursuit of becoming a global crypto hub, Britain seeks to revamp the traditional financial market using distributed ledger technology (DLT), according to the finance ministry.
Robinhood Files for US IPO, Says Crypto Transactions Accounts for 17% of Revenue
Robinhood has filed for a public listing, and crypto has a prominent feature on the platform's business.
Hong Kong-Based OSL Digital Securities Receives License Uplift to Enable Retail Trading of Bitcoin and Ethereum
OSL Digital Securities Limited ("OSL Digital Securities"), a wholly-owned subsidiary of BC Technology Group Limited (Stock Code: 863), has been granted an uplift to its existing license by the Securities and Futures Commission (SFC) of Hong Kong.
Largest Gathering of Global Blockchain Innovators in Tokyo - Meet the people behind Cosmos, OmiseGO, MakerDAO, Harmony, Ontology, Blockstack, RSK, Dapp.com...
BINARYSTAR and Asia Blockchain Review are organizing Unblock Tokyo: Ecosystem Fast Track on October 5th, in a major gathering of all-star developers to shed light on the latest developments in the industry and exclusive project updates for the blockchain and crypto community.
Hackers Steal Cryptos from General Bytes Bitcoin ATM via Zero-day Bug
Crypto ATM manufacturer General Bytes has confirmed that its infrastructures have been hacked using a zero-day vulnerability in server ports to steal cryptocurrencies from customers.
London Lawmaker Urges Government to Ban Crypto Ads on Public Transport System
A London Assembly member from the Green Party, Sian Berry, is pushing for a broad crackdown on advertisements featuring digital currencies on the London Transport System.
Square CEO Jack Dorsey Commits Himself To Bitcoin
Jack Dorsey still remains bullish on the leading cryptocurrency. He admits that Bitcoin transforms every aspect of life.
Ethereum, Cardano and Other Altcoins Slandered by Blockstream CEO as Ponzi Schemes
Blockstream CEO Adam Back publicly stated that Ethereum and other altcoins were Ponzi schemes, angering Ethereum co-founders Vitalik Buterin and Charles Hoskinson.
Dubai Educational Institution Accepts Bitcoin and Ethereum Payments
Dubai Educational Institution Citizens School accepts Bitcoin and Ethereum payments for tuition.
Will Bitcoin Skyrocket or Plunge? Young Traders Have Wrecked US Stock Market, Says Fund Manager
The president of Smead Capital Management addressed the topic of current trends of the US stock market in an interview with CNBC.
What Gives C10 (Crypto10 Hedged) So Much Value?
Within the first quarter of 2021, the cryptocurrency market has seen a surge in the retail and institutional sectors and their adoption of cryptocurrency. Bitcoin, the world's most valuable and widely traded cryptocurrency, reached an all time high of $56 445 per bitcoin, on the 22nd of February 2021.
Bitcoin’s Market Cap is Likely to Eclipse Gold, BTC Price Valuation at $146,000 is Conservative, says Pompliano
Anthony Pompliano, the founder of Morgan Creek Digital said that JP Morgan’s valuation of Bitcoin at $146,000 is still conservative.
Verida Collaborates with Nimble to Implement Decentralized Insurance Protocol
Nimble is partnering with Verida to build a decentralized insurance protocol.
Digital Asset Gateway Fasset Launches Peer-to-peer Trading Platform in Pakistan
Digital asset-based fintech startup Fasset Technologies has launched a peer-to-peer trading platform in Pakistan to drive financial inclusion in Pakistan.
Senator Lummis Still Trusts Bitcoin For Retirement
US politician Cynthia Lummis is crypto-friendly. She's unfazed by lawmakers' Bitcoin retirement plan bans. Instead, Elizabeth Warren, Tina Smith, and Richard Durbin want Fidelity to discontinue its BTC-linked 401(k) (k).
Crypto Price Index Predicted to Revolutionize the Cryptocurrency Market
The Crypto Price Index (CPI) is touted to be an ideal crypto market indicator which will include over 200 of the top traded cryptocurrencies based on market capitalization. Expressly, it is expected to function like the Dow Jones Industrial Average by offering insights about the trading history of the major blockchain projects.
Crypto Whales Taking Wait-and-See Approach
Based on hiked interest rates and the ongoing Russia-Ukraine war, crypto whales have shown signs of caution, given that their transaction volumes have been dwindling.
Hidden Road Partners in Big Talks With Top Firms to Provide Access to Trade or Hedge Crypto Risks
Hidden Road Partners is in talks with hedge funds and many of the top 20 global banks about providing access to trade or hedging their crypto risks, Bloomberg reported citing executives at the firm.
Staking Rewards Raises $3.2M Equity from Crypto's Largest Funds Ecosystem
Crypto data aggregation startup, Staking Rewards says it has raised $3.2 million from the biggest fund managers in the cryptocurrency ecosystem.
Tether's Bitcoin Mining Site in Latin America Plans to Start Operations in a Few Weeks
Paolo Ardoino, CTO of Tether and Bitfinex, confirmed the authenticity of a photo of a container bearing the "Tether Energy" logo, confirming it was a depiction of a control room at a Latin American site nearing completion. Ardoino also shared a 3D design of the site.
Binance Adds Bitcoin Ordinals to NFT Marketplace
Binance has announced that it will soon support Bitcoin ordinals, also known as Bitcoin NFTs, on its NFT marketplace. This will expand Binance’s multichain NFT ecosystem to include the Bitcoin network. Bitcoin ordinals have been on the rise, with over 3 million inscriptions as of May 1, but they remain a controversial topic in the crypto community.
How Bitcoin’s Narrative Has Significantly Changed in 2020, According to CoinShares Chairman
Former JP Morgan commodities trader Danny Masters discussed how the Bitcoin narrative has shifted for the better since its inception.
Hong Kong Regulators Probe Worldcoin for Privacy Risks
Hong Kong's PCPD is investigating Worldcoin, linked to OpenAI's Sam Altman, for potential privacy violations in biometric data collection methods, highlighting global privacy concerns in the crypto and blockchain industry.
Gate.io Launches First Country-Specific Site at Blockchain Economy Summit Türkiye
Gate.io, one of the world's largest cryptocurrency exchanges, has officially launched its first country-specific site, Gate Türkiye, during Blockchain Economy Summit Istanbul, currently underway in Türkiye. The company is a Diamond Sponsor of the event, which is one of Eurasia's largest blockchain events.
Bitdeer Reports Robust Operational Performance for October 2023
Bitdeer Technologies Group, a leading Bitcoin mining company, has seen steady operational performance in October 2023, with strategic developments like Tydal Datacenter construction highlighting its long-term success.
Ukraine to Record War Against Russia in NFTs
The Ukrainian government has planned to launch non-fungible tokens (NFTs) featuring unique digital artwork illustrating stories from its war with Russia.
Bitcoin Lightning Network Capacity Breaches 3,000 BTC for the First Time
The Bitcoin Lightning Network has been seeing an uptick in activity because it crossed the 3,000 BTC capacity for the first time.
KODW 2020 Goes Virtual Meeting Global Experts to Explore the New Normal
Hong Kong Design Centre’s (HKDC) major annual event, Knowledge of Design Week (KODW), will make its debut as a virtual event for international audiences this year. With Create Hong Kong (CreateHK) of the Government of the Hong Kong Special Administrative Region (HKSAR Government) as the Lead Sponsor, and under the theme “Designing Digital Futures”, KODW 2020 will be held from 26 to 29 August 2020 to explore how digital transformation and human-centric design can help us navigate uncertainty and thrive in the pandemic world.
SWIFT Takes Another Shot at Cryptos, Refers to Them as "Useless and Unsteady"
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has dropped another hammer on proponents of Bitcoin and cryptocurrencies, referring to Cryptos as “useless and unstable.”
Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report
In an annual report by Elwood Asset Management and consulting firm PricewaterhouseCoopers (PwC), the value of assets under management at cryptocurrency hedge funds has soared to $2 billion, doubling the value in 2019. Billionaire hedge fund manager Paul Tudor Jones was reportedly looking to buy Bitcoin to hedge against inflation as central banks across the world are printing money to relieve economies affected by the coronavirus pandemic.
CoinList Raises $100M Series A Funding Round, Reaching Unicorn Status With $1.5B Valuation
CoinList announced that it raised $100 million in a Series A round of financing, which brings its valuation to $1.5 billion.
Billionaire Mark Cuban Reveals that He Has Invested in Bitcoin
Billionaire Mark Cuban revealed in a past interview that his team, Dallas Mavericks, is accepting Bitcoins for tickets and merchandise. Cuban has been a sharp critic of crypto in the past but it seems like his view has changed.
Worldcoin's Global Identity Protocol Hits 2 Million Sign-ups
Worldcoin, aiming to be largest identity and financial network, led by chatgpt owner OpenAI CEO Sam Altman, as a public utilityan innovative global identity protocol, has announced a significant milestone, reaching 2 million World ID sign-ups during its beta phase
Bitcoin Should Benefit from the US Dollar Crash, says Top Economist Stephen Roach
Stephen Roach, former Chairman of Morgan Stanley’s Asia division and Yale University senior fellow said that cryptocurrencies including Bitcoin should benefit from the US dollar’s decline.
Binance NFT Ceases Support for Bitcoin NFTs
Binance NFT discontinues Bitcoin NFT trades and deposits, advises withdrawals by deadline, and details distribution of Runestone NFTs and tokens.
Circle Deploys New Pre-Mint Address for USDC on Solana (SOL)
Circle has introduced a new pre-mint address for USDC on the Solana blockchain, streamlining operations in anticipation of the Cross-Chain Transfer Protocol launch.
Fitch Warns El Salvador’s Bitcoin Adoption Will Hurt Local Insurers’ Credit Ratings
Fitch Ratings has warned El Salvador that its bitcoin adoption plan poses serious risks to local insurance companies.
Binance CEO Responds to Forbes Article on Fund Shuffling
Binance CEO Changpeng Zhao responded to a Forbes article that focused on the movement of funds by the cryptocurrency exchange. The article drew parallels between Binance and the now-defunct FTX and discussed the failed Voyager bid by Binance.US, as well as the United States Securities and Exchange Commission’s planned legal action against Paxos Trust Company, the issuer of the Binance-branded stablecoin, Binance USD (BUSD). Binance transferred $1.8 billion in stablecoin collateral to hedge funds such as Tron, Amber Group and Alameda Research between August and December 2022. Binance says it still supports BUSD and is now looking into non-USD stablecoins.
USDC Issuer Circle to Launch Euro-Backed Stablecoin
The move by Circle to involve in launching its Euro stablecoin is based on user demand and business competition. The use of euro-backed stablecoins is rising in Europe.
Number of Bitcoin Addresses with Non-Zero Balances Hits ATH
More people flock to Bitcoin as the number of address with non-zero balances hits a new all-time high.
Altcoins Plunge as Bitcoin Sees Massive Retracement, Analyst says Altseason Could Outperform BTC
The world’s largest cryptocurrency has seen a steep plunge of 13.2% in the past 24 hours, but has managed to hold above the $33,000 level.
Public feedback on the SFC's proposed cryptocurrency exchange licensing regime
Hong Kong's Securities and Futures Commission seeks public input on bitcoin exchange registration.
BlockFi Total Loan Tops $1.8B With a $600M Net Risk Exposure in Q2
BlockFi, a major crypto lending firm based in New Jersey, officially disclosed a total loan of $1.8 billion and a net unsecured exposure of $600 million by the end of the second quarter of 2022.
Bitcoin Funding Turns Negative amid 70% of BTC Circulating Supply Being Hodled
BTC funding flipped negative following long liquidations as prices slipped to lows of $42,000.
Coinbase Launches WaaS to Simplify Adoption of Web3 Wallets
Coinbase has introduced Wallet-as-a-Service (WaaS) to provide enterprises with a customizable on-chain wallet API for easier customer onboarding, loyalty programs, and in-game purchases. The WaaS infrastructure features multi-party computation (MPC) cryptography to improve private key security, user-friendly backup functionality, and control over product experiences while reducing implementation cost and complexity. The solution is being used by companies like Floor, Moonray, thirdweb, and tokenproof.
State Street: Most Asset Managers are Bullish on Blockchain and Crypto
Boston-based asset manager State Street published a report on industry trends in 2020, highlighting the growth of cryptocurrencies and blockchain in the financial services industry.
Spike in COVID-19 Cybercrime Is Stimulating Mass Adoption of Blockchain in Asia
With COVID-19 forcing businesses to adopt digital means of transacting, there is a spike in blockchain adoption, Bitcoin price surge, rise in Bitcoin scams.
El Salvador to Elevate Bitcoin Status by Issuing Bonds
El Salvador is planning to issues its first bitcoin bond next month, the Central American country's Finance Minister Alejandro Zelaya announced.
Crypto Trends: Weekly Inflows and Outflows in Altcoins, North American Markets, and Investment Products
Altcoins saw $3M in weekly inflows; North America had $11B outflows. Digital asset products had minor withdrawals of $21M, with Bitcoin trading at $16B.
Crypto ATM Market Expected to Hit $1.88B by 2028 with CAGR of 59.2%
The crypto ATM market is anticipated to reach $1.88 billion by 2028, according to a report by US-based consulting firm Grand View Research Inc.
Digital Asset Venture Dragonfly Acquires Crypto Fund MetaStable Capital for Rebranding
Digital asset venture capital firm Dragonfly has acquired cryptocurrency investment fund MetaStable Capital, according to Bloomberg.
Bitcoin Price Surges to 2020 High of $15,960, MicroStrategy Sees $182 Million Increase
The Bitcoin price reached a new high for 2020 gaining over 12% in the last 24 hrs to reach $15,960. MicroStrategy has reported a $182 million gain in their BTC reserve value.
Chinese Bank Partially Owned by the Government Invests in Nervos STO
The Nervos Network security token offering (STO) has aimed to start on Oct. 16, to raise an undisclosed amount within two weeks via the CoinList platform.
Future of Index Funds
Inspired by traditional index funds' success, Crypto20 (C20) was designed to reinvent how investors gain exposure to the broader crypto market. With cryptocurrencies long-term growth potential, an index fund is the perfect entry point for investors looking to generate exceptional returns without taking on excessive risk.
Hedge Funds Battle to Survive After FTX Exchange Collapse
The hedge fund discontinued its CoinShares consumer platform because to high marketing costs.
Bitcoin Hodlers Experience Profits on Majority of Trading Days
Bitcoin's profitability challenges the narrative of depreciating volatility. 88.50% of Bitcoin's tradable days were profitable for hodlers, with just 11.56% being unprofitable. Understanding market cycles is crucial for investors, while some prefer daily trades. General Bytes shut down its cloud services due to a discovered security vulnerability.
Kraken Passes Reserve Audit Proof, Allowing Customers to Verify Crypto Balances
Kraken exchange has passed a crypto audit by Armanino LLP, allowing customers to verify cryptocurrency balances.
Goldman Sachs Says Customer Demands for Bitcoin Are Increasing
Goldman Sachs President and COO John Waldron has revealed that the bank is experiencing a rising demand for Bitcoin from its customers.
Bitcoin Ordinals Founder Proposes Immutable Metadata for Inscriptions
Bitcoin Ordinals (ORDI), a blockchain platform for transforming satoshis into NFTs, plans to introduce plain-text key-value pairs as metadata for inscriptions, enhancing their utility and readability. However, existing inscriptions cannot be retroactively added.
Bitcoin’s 30-Day MVRV Shows BTC UnderBought
Bitcoin’s 30-day MVRV, measuring the returns of 30-day trading addresses, shows BTC is underbought.
Paxful Crypto Peer-to-Peer Marketplace Expands Beyond Bitcoin with Tether USDT Stablecoin
Paxful, the leading peer-to-peer Bitcoin trading platform, announced that it will be adding stablecoin Tether to its crypto payment options.
Uber’s Former Security Chief Charged for Using $100K Bitcoin Hush Payment to Hide Data Breach
Former Chief Security Officer at Uber, Joseph Sullivan, has been charged with allegedly paying $100K in Bitcoin to hackers to cover up a company data breach.
WorldCoinIndex, CoinGecko, LiveCoinWatch: Who Will Become the Biggest Threat to CoinMarketCap?
Since its inception in 2013, CoinMarketCap has been widely regarded as the leading provider in cryptocurrency pricing and trading data. However, its dominance came into question following the emergence of crypto data sites such as CoinGecko, WorldCoinIndex and LiveCoinWatch. Who is the biggest threat of CoinMarketCap?
Liechtenstein's Ground-Breaking Blockchain Business Law At a Glance
Liechtenstein's introduction of the world’s first blockchain business law represents an important milestone in the evolution of legal frameworks to support blockchain business.
Bitcoin Supply is Moving to Strong Hands amid BTC On-Chain Analysis Going Mainstream
The current Bitcoin correction has not dampened the spirits of strong hands, investors who hold for future purposes because they are accumulating more coins.
Bithumb CEO Summoned by South Korean Authorities Following Police Raid on Offices
The Chairman of the Board of Directors of Bithumb Holdings, Lee Jung-hoon has been summoned by the Seoul Metropolitan Police Agency's Intelligent Crime Investigation Unit following the unit's incessant raid on the exchange.
Coinbase Launches Crypto Transactions via WhatsApp, Telegram, and Other Messaging Platforms
Coinbase introduces a new feature in its Wallet app, allowing users to send crypto via WhatsApp, Telegram, and other platforms with no fees and instant settlement.
Central Banks to Cross-Examine Libra’s Founders in Switzerland
The European Central Bank (ECB) officials and 25 global central banks will be meeting with Libra’s founders to assess the project.
VeChain Releases New Official Block Explorer and Sync Ledger Wallet Interface
The VeChain Foundation has announced the release of a new official block explorer and sync ledger wallet interface, which are in-house developed solutions maintained by the major development team.
IMF Urges Countries to Consider Banning Cryptocurrencies
US Treasury Secretary Janet Yellen underlined the need for effective cryptocurrency regulation.
Uniswap Founder Reveals Sophisticated Scam Targeting the Chinese Community
Uniswap's founder, Hayden Adams, recently took to Twitter to expose an elaborate scam targeting the Chinese cryptocurrency community.
President Xi Urges Expedition of Blockchain Development in China
On Oct. 25, China’s President Xi Jinping said at the study session of the Politburo held on Thursday that the nation should accelerate the development of blockchain technology.
Hong Kong Science and Technology Park: Turning Tech Startups' Visions into Reality
Blockchain.News sat down with Peter Mok, Head of Incubation and Acceleration Programmes, HKSTP to gain further insight into the incubation initiative and the custom-made programs, that have been designed to support technology startups, and specifically how they could be utilized by blockchain startups.
GRT, BTT, AVAX Prices Gain Over 150% As Best Cryptocurrency Gainers For The Week
This article takes a look at the top cryptocurrency gainers for the week - The Graph Token (GRT), BitTorent (BTT) and Avalance (AVAX).
Kraken Is the First Cryptocurrency Exchange to Become a US Bank
Kraken San Francisco-based crypto exchange was approved yesterday by the Wyoming Banking Board and is now the first exchange to become a US bank.
OPNX Reveals Venture Capital Backers
OPNX, a new exchange allowing traders to buy and sell claims against bankrupt firms, has revealed its venture capital backers, including AppWorks, Susquehanna, DRW, MIAX Group, China Merchant Bank International, and Token Bay Capital. The exchange has faced criticism due to its association with the bankrupt 3AC hedge fund, but the company claims it will help make customers of failed crypto ventures whole again.
Circle Launches Cross-Chain Transfer Protocol for USDC
Circle has released a mainnet protocol allowing users to transfer USDC between Ethereum and Avalanche. The Cross-Chain Transfer Protocol (CCTP) eliminates the need for USDC bridges and aims to reduce fragmentation in the Web3 ecosystem.
Ledger and Tezor Dismiss Rumor That Hackers Have Stolen Data from Popular Crypto Wallet Providers
Cybersecurity company “Under The Breach” has reported that a hacker is allegedly attempting to sell customer data that stems from firms like Ledger, Trezor, Keepkey, and even Bnktothefuture.
Bitcoin is 57,000 Times Less Environmentally Friendly Than the "Green Cryptocurrency" XRP, Says Ripple
Ripple claims that its cryptocurrency, XRP, is 57,000 times more environmentally friendly than the largest cryptocurrency, Bitcoin. According to Ripple’s blog post, the firm criticizes Bitcoin’s consensus mechanism, proof-of-work (PoW), as a major issue contributing to the vast amounts of energy consumed for validating and processing transactions on the network.
Nepal to Shut Down Crypto Trading Mediums
The crypto industry in Nepal is about to witness further setbacks as the government has started to ban trading mediums for digital assets.
Coinbase NFT launches new creator hub
Coinbase NFT has launched a new "Creator Hub" that provides a slew of tools for NFT creators to launch and market a collection.
What Pantera Capital CEO Thinks Will Be The Best Performing Cryptocurrency in the Next 12 Months
In an interview with Raoul Pal, Dan Morehead, the CEO of Pantera Capital, revealed what he thinks will be the best performing digital asset a year from now.
1inch Network Launches New Hardware Wallet
1inch is the newest hardware wallet supplier for cryptocurrency. The 1inch Hardware Wallet's 2.7-inch E-Ink grayscale touch panel and stainless-steel frame mimic the iPhone 13.
DeFi Protocol Wonderland Involves Cybercrime, Associated with Canadian Crypto Exchange Quadriga
A decentralized finance project called Wonderland involves a cybercrime associated with Canadian crypto exchange Quadriga, turning DeFi into a financial felon’s wonderland.
Russian Tech and Political Oligarchs Opposes Blanket Crypto Ban
Tech and political oligarchs in Russia are expressing their full displeasure over the proposed blanket ban on crypto.
Coinbase, Gemini, Binance & Kraken Address Twitter Hack: "Repercussions for Bitcoin Could’ve Been Worse"
Twitter has never in its history experienced as big of a security breach and crypto hack scam as the one that happened earlier this week.
Singapore's MAS Unveils Stablecoin Regulatory Framework
Singapore's MAS releases a regulatory framework for stablecoins after public consultation in 2022. It aims to ensure value stability and sets key requirements for issuers.
Lemonade to Offer Blockchain-Powered Climate Insurance for Farmers in Emerging Markets
American insurance company Lemonade has revealed the formation of Lemonade Crypto Climate Coalition which will offer blockchain-enabled climate insurance to the most vulnerable farmers across the globe.
Bitcoin Transaction Fees as a Percentage of Total Miner Revenues Hit Lowest Point Since June 2020
BTC transaction fees have plunged based on the ongoing Chinese crackdown on Bitcoin mining facilities.
Bitcoin Price Records a New All-Time High at Over $28.5K, Wall Street Veteran Bets on Buying Any Dip
Bitcoin’s price has surged to another new all-time high today, reaching over $28,500. The previous time that Bitcoin recorded a new high was on Dec. 27.
Zharta Raises $4.3 M to Speed Growth in Instant NFT Lending
DeFi company Zharta, has secured seed funding from leading Web3 VCs and strategic investors to accelerate its growth to meet customer demand and go to market. Zharta, creator of a lending protocol for instant NFT collateralized loans, has closed a seed round of 4 million dollars in new capital to fuel the company's next phase of growth. The company had initially raised an acceleration round of $300,000 from angel investors.
CSOP to List First Metaverse Concept ETF on HKEX
CSOP Asset Management Limited is set to launch Hong Kong's first Metaverse exchange-traded fund on February 21, 2022, according to the company's disclosure document.
Bitcoin Will Rise to Over $1 Trillion In Next Ten Years, Tesla Investor’s BTC Value Prediction
Bitcoin has had a rollercoaster year amid the COVID-19 pandemic markets rollercoaster but has ultimately persevered adding over 40% to its price exceeding $200 billion in market capitalization.
Thai Central Bank Issues Stern Warning about Thai Baht Digital (THT) Stablecoin
The Bank of Thailand is warning citizens against using the illegal THT stablecoin.
Democratic Presidential Candidate Robert F. Kennedy Jr. Champions Bitcoin at 2023 Conference
Robert F. Kennedy Jr., the Democratic candidate for U.S. President, has made a strong case for Bitcoin, stating at the 2023 Bitcoin Conference, "As President, I will make sure that your right to hold and use Bitcoin is inviolable."
New BIS Report Advocates Using Embedded Monitoring Trackers For Stablecoins
A new report from the Bank for International Settlements has advocated the deployment of ‘Embedded Systems’ in the monitoring of global stablecoin projects.
Coinbase CEO Calls Out US SEC For Using Intimidation Tactics
Coinbase CEO has faulted the SEC for resorting to intimidation rather than provide needed regulatory clarity.
Bitcoin Lightning Network Would be Practical for Small Payments than Debit Cards, Morgan Stanley Says
The Bitcoin Lightning Network attracts fees close to zero, so it becomes more practical to use it when undertaking small payments than a debit card, according to leading investment bank Morgan Stanley.
Interview with Noble Gold Investments CEO: Gold as Hedge Tool against Inflation?
Exclusive: Blockchain.News recently had a conversation with Collin Plume, the President and CEO of Noble Gold Investments, regarding whether gold could be a safe haven investment that investors should rely on during turmoil times.
Bitcoin Transferred $98,769 of Value for Just $1 in Fees Last Month, Analyst Says
Despite the consolidation happening in the Bitcoin market, the leading cryptocurrency has emerged as an efficient settlement network based on the low fees charged.
Bitcoin Needs to Reclaim $53,000 before a Bull Run to be Reignited
With the price staying below the short-term holder (STH) cost basis for nearly a week, on-chain analyst Will Clemente believes that Bitcoin needs to reclaim the $53K area if a bull run is to be reignited.
Two Major Events Will Influence the Bitcoin Price in the Next 24 Hours
Bitcoin and cryptocurrency traders face a moment of pause as they await two major events that will either send the BTC price soaring or cause a major bearish correction.
Morpheus.Network Integrates with Polygon to Simplify Supply Chain Activities
Supply chain SaaS platform Morpheus.Network Y integrates with Polygon, a decentralised Ethereum scaling network to simplify supply chain operations.
June 1: Sell in May Postponed to Sell in June?
For the past few weeks, there have been quite a bit of talk/shill/promoting of ETH and I think largely driven by a combination of factors that I've described earlier (i.e. growing daily active addresses, more than 60 bil gas being used, $7bn in stablecoins and Greyscale's ETH demand). Other protocol tokens such as Cardano, Zilliqa and NEO also followed the ETH move, albeit less exaggerated.
RealFevr Raises €10 Million to Build the Ultimate Web3 GameFi Sports Ecosystem
RealFevr, one of Portugal’s fastest-growing startups, announced that it has raised a €10 Million funding round. The round is led by global sports investor ADvantage, with participation from Semapa Next, Shilling Capital Partners, APEX Capital, and the professional football player Sérgio Oliveira.
Bitcoin, Ether and Other Top Cryptos See Minor Market Recovery
Top cryptocurrencies have made some slight new highs in the midst of the market crash.
Tesla Records $51 Million Impairment Loss on its Bitcoin Holdings in Q3
Tesla has announced that it experienced an impairment loss of $51 million on its Bitcoin investments in Q3. The company’s investment in Bitcoin fell, driven by relative instability in the crypto’s price experienced during that period.
PEGA Pool Announces the Official Launch of Its Eco-friendly Bitcoin Mining Pool
UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable energy. By allowing clients to connect their ASIC miners to its platform and mine together, it provides them with a more consistent and attractive income than mining alone.
E.U and US Can Coordinate Effort "on a Shared International Approach to Regulating Crypto": EU Commissioner
Mairead McGuinness, a Commissioner for financial services, financial stability, and capital markets union at the European Commission has called on the United States and the European Union to coordinate efforts with respect to regulating digital currencies.
Banking Circle Adopts USDC as Currency on its Payment Rails
Banking Circle, an European Union (EU) regulated payments bank has announced that it has integrated the USD Coin (USDC) stablecoin into its payment rail
The Downturn in Bitcoin Signals Long Endurance before Reaching new ATH, Analyst Says
Veteran analyst Peter Brandt believes that new all-time highs (ATHs) of Bitcoin take quite some time before being realized. The market should expect long-endurance to be remained.
Bitcoin’s Long-Term Fundamentals Remain Strong
Despite the bearish momentum in the Bitcoin market, long-term fundamentals are in the green because coins are moving from weak hands to strong ones.
Chinese Banks Clarify on Crypto Account Freezing Despite Alipay’s Crypto Ban Last Year
China’s banks were rumored to be freezing client accounts that have a history associated with the buying and selling of cryptocurrencies. However, according to a recent report, Chinese banks have clarified that this is not the case, and they are not shutting down any legal fiat to crypto accounts.
Coinbase Quarterly Trading Volumes Jump 67% to $547B
U.S. cryptocurrency exchange Coinbase Global Inc said that it saw a surge in quarterly trading volumes with a jump of over 67% to $547 billion in the quarter ended December 31.
Cryptoassets Use in Ukraine War under Scrutiny by Global Regulators: Reuters
The use of crypto assets is being closely watched by global financial regulators amid the war in Ukraine after worry about its use to evade Western sanctions on Russia, according to Reuters.
What Biden’s Presidency Could Mean for Crypto
With Joe Biden's presidential win, the crypto community has speculated on how this would impact the industry.
Bitcoin Price at $30,000 Could Mean BTC is Rising too Far too Fast, says Tone Vays
Bitcoin trader Tone Vays has warned that should Bitcoin price hit $30,000 this week, BTC will be “Rising too far too fast Zone” which typically leads to price plunges.
Greece Council of State Rules for the Extradition of a Russian Bitcoin Laundering Suspect to France
Greece Council of State has ruled in favor of the order to extradite a Russian bitcoin laundering suspect named Alexander Vinnik, A.K.A "Mr. Bitcoin" to France, as reported by Greece Greek Reporter.
Institutional Investors Regain Confidence towards Crypto while Retail Investors Remain Hesitant: Analysis
Analysis suggests institutional investors have an increasingly optimistic stance on the cryptocurrency ecosystem, and then retail investors are still hesitant to return to the market.
Ethereum Whales Continue Ramping up, Despite Price Slip Below $4,000
Active whales in Ethereum (ETH) have taken advantage of the retracement happening in the market by accumulating more coins.
Coinbase Acquires FairX, Creating Room for Crypto Derivatives Market
Coinbase is launching a cryptocurrency derivatives service for its clients by announcing the acquisition of derivatives exchange FairX.
Cozy Web3 Movement: Cozies announces minting of Cozies NFTs for October 10th
Cozies, an immersive community-driven movement promoting a "Cozy" culture of living, has announced its first-ever Cozies NFT release is minting for October 10th at 10 am EST on its Cozies.io website. Inspired by lo-fi anime aesthetics, sci-fi, and streetwear culture, the Cozies collection is made up of ERC721A 10,000 NFTs, each intentionally crafted to reflect a Cozy futuristic reality.
Almost $98 Billion Evaporated in the Crypto Space Triggered by a Big Sell-Off in the Global Stock Market
About $98 billion has been evaporated in the crypto market as Bitcoin sinks below $30K for the second time since mid-May.
Musk Abandons Twitter Board, Tesla Builds Partnership to Make BTC Mining Eco-Friendly
Tesla's boss Elon Musk decides not to join the board, who recently become the biggest shareholder in Twitter. Meanwhile, Tesla, Blockstream, and Jack Dorsey-owned Block have teamed up to power a bitcoin mining facility with solar energy.
NBA champion Andre Iguodala to Accept Salary Payment in Bitcoin
American basketball player Andre Iguodala, who plays for the NBA's Golden State Warriors, tweeted Monday that he will accept bitcoin as a salary.
Billionaire Investor Ray Dalio:"I Rather Have Bitcoin Than Bonds"
Ray Dalio reveals that he owns Bitcoin, stating that he prefers the crypto to bonds. He said that the crypto’s biggest risk is its success. He warned that if it becomes more successful (larger asset class), it poses a real threat to others like cash and bonds, and this could prompt governments to ban the digital asset.
Binance Adds Its Sixth Fiat-To-Crypto: The Turkish Lira
The Turkish fiat currency has been listed to trade against bitcoin, ethereum and XRP on the Binance web platform.
Lark Davis Escapes Celsius Network Bankruptcy With $2.5Million
According to crypto sleuth ZachXBT, Lark Davis withdrew $2.5 million from Celsius long before the company crashed.
Hut 8 Mining Corp. Responds to Short-Seller Accusations Amid Stock Tumble
Hut 8 Corp faces serious accusations from JCapital Research, claiming mismanagement and legal issues post-merger, leading to a significant stock price drop. The company is now working to address these allegations and reassure investors.
Coinbase Goes Down, Causing XRP Token Price to Flash Crash on the Crypto Exchange
Coinbase cryptocurrency exchange experienced technical difficulties that knocked down XRP token’s price on the platform by 30%.
DBS Bank To Launch Its Crypto Exchange for Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH)
Singaporean multinational banking and financial services firm DBS Bank Ltd. has confirmed that it will be launching its digital asset exchange next week.
SupraOracles Goes Live on Ethereum, Polygon, Aptos and Four Other L1 Blockchain Testnets
Have a blockchain dApp ready to integrate the most state-of-the-art Oracle? Sign up for Supra’s Network Activation Program (SNAP) for the opportunity to receive free oracle and VRF/RNG credits before the list is full.
1% of your Investment Portfolio Should Be Allocated to Bitcoin - JPMorgan Strategists
JPMorgan recommended a 1% allocation of one’s portfolio into Bitcoin as a way to hedge against the volatility of traditional asset classes.
Spain Bank BBVA Launches Bitcoin Trading Service in Switzerland
Spanish bank BBVA launches a new Bitcoin trading service for its customers based in Switzerland.
Facebook Considers Fiat-pegged Stablecoins for Libra
Despite facing constant criticism, Libra continues to stead on, with consideration of using Fiat – Pegged Stable coins for the project to replace its initial proposal of having a synthetic unit.
Argentina Approves First Regulated Bitcoin Futures Index
The securities regulator of Argentina has approved the first regulated Bitcoin futures index on the Matba Rofex exchange, with the futures contract based on the price of BTC provided by various entities in the country. This provides a safe and regulated way for qualified investors to gain exposure to Bitcoin in a transparent environment. The launch of the Bitcoin futures contract comes as Argentina struggles with high inflation and citizens turn to Bitcoin as a way to mitigate its effects.
Will The Crypto Market Cap Dip Below The $1 Trillion Mark Again?
The crypto market is seeing yet another crash with BTC, ETH, BNB leading the crash. The crypto market cap is crumbling from this dump-offs.
The End of Bitcoin: Which Cryptocurrencies will survive a future crash?
During the Covid crisis, casual investors started to swap stocks and shares and even golf for investment in cryptocurrency, with Bitcoin and other altcoins like Ethereum proving to be hugely popular.
Bitfinex Launches $400 Million Bounty Hunt for 2016 Hackers Who Stole $1.3 Billion in BTC
Bitfinex has launched a 400 million dollar bounty hunt in search of the hackers responsible for the theft of nearly 120,000 Bitcoins from the global exchange in 2016.
Bitcoin Back to Positive Territory Following Rally at $46,000
Bitcoin went past the level of $46,000 over the past two weeks which has put the world's top cryptocurrency back on track to positive territory for the year, according to Bloomberg.
Kazakhstan-Based Crypto Miners Face Unprecedented Situation
Kazakhstan-based crypto miners have been witnessing an unprecedented situation as they find themselves surrounded by uncertainty due to political forces.
Forum Blockchain Life 2021
Sixth biggest offline event on blockchain,cryptocurrencies and mining - Blockchain Life 2021 - takes place on April 21-22 in Moscow
Bitcoin Transaction Fees Altering its Ecosystem
Bitcoin (BTC) transaction fees entail the amount charged for your proceedings to be handled by a miner and approved by the Bitcoin network.
Bitcoin Has Been Through Two US Presidential Elections, This One Will be Different for BTC
During the two US elections in 2012 and 2016, Bitcoin was still too nascent to have seen any profound impact arise. What about this coming election?
El Salvador Buys the Dip for another 150 Bitcoins
Despite missing the bottom by seven minutes, President Nayib Bukele of El Salvador announced that the Central American nation still bought 150 new Bitcoins at the $48K level.
Coinbase warns of losing crypto industry leadership
The U.S. SEC has issued a Wells notice to Coinbase. As a result, Coinbase warns that the U.S. government’s regulatory approach to crypto has created an uncertain and unstable environment. Meanwhile, other countries, such as France, the U.K., and the European Union, are building friendlier crypto regulation ecosystems and becoming crypto hubs, causing the U.S. to lose its status as the leading hub of the crypto sector.
Bitcoin Price Smashes $35,000 to New ATH, What's Next for the BTC Price?
Bitcoin price has surged to a new all-time high again on Jan. 6 with crypto bulls pushing BTC above $35,000 after days of consolidation in the low $30,000 range.
FTX Launches FTX Access to Provide Institutional Products and Services
Cryptocurrency exchange FTX launched FTX Access, which focuses on serving institutional investors in digital assets.
Kucoin Global Users Can Now Purchase Crypto With Debit/Credit Cards
KuCoin exchange has launched the KuCoin Fiat Account, an avenue by which its customers around the world can fund their accounts using either a Visa or Mastercard debit or credit card.
U.S. Intends to Impose Tax on Crypto to Support Infrastructure Construction Amid Musk and Dorsey Express Strong Dissatisfaction
As the bipartisan Senate began to vote on President Joe Biden's infrastructure package, the taxation of cryptocurrency transactions in this infrastructure plan cited Tesla CEO Elon Musk, Jack Dorsey, Senator Criticism by Ted Cruz, and others.
Australia's Novatti Group to Launch Stablecoin on the XRP Ledger
Novatti Group has announced it will be integrating its new stablecoin, AUDC with the XRP Ledger following a partnership with blockchain payments firm, Ripple Labs Inc.
PayPal CEO Dan Schulman Says He is Bullish on Bitcoin As a Currency
PayPal CEO Daniel Schulman noted in an interview with CNBC that he is bullish on the future of Bitcoin, cryptocurrencies, and Central Bank Digital Currencies
FTX Sees Native Token FTT Tumble by 15% Following Binance Selloff
Popular crypto exchange FTX has witnessed a massive dip in the price of their native token, which has come about after an increase in withdrawals kickstarted by another top crypto exchange Binance, who planned to sell off all their FTX tokens.
Marathon Digital Holdings Reports Lower Bitcoin Production in February Due to Maintenance Issues
Marathon Digital Holdings announced a 23% decrease in bitcoin production for February 2024 due to unplanned maintenance issues at its mining facilities, despite a 9% increase in hash rate.
Bitcoin Struggles to Maintain Above $40,000 Level as Ethereum, Dogecoin, And Litecoin Follow Suit
Bitcoin plunged by 3% following Elon Musk’s tweet about the leading cryptocurrency. Other altcoins seem to have followed suit.
PlexCoin Founder Indicted by US Grand Jury for 2017 ICO Securities Fraud
A United States grand jury indictment has been delivered to Plexcoin founder, Dominic Lacroix, as well as Yan Ouellet and Sabrina Paradis-Royer for securities and wire fraud, and conspiracy to launder money, according to the DOJ.
Goldman Sachs to Begin Offering Bitcoin and Crypto Products to Clients
Goldman Sachs has said that it will begin offering Bitcoin and crypto investments to its clients within the next three months.
Goldman Sachs Starts Trading on JPMorgan’s Repo Blockchain Platform Onyx
Goldman Sachs Group has joined Onyx, an online trading platform based on the Ethereum blockchain created by JPMorgan Chase. It will use the platform to conduct smart contracts and a digital version of the dollar repurchase agreement.
May 31: Everyone Wants to be the Broker in Crypto
BTC has managed to get into my sell zone with ETH clearly leading the charts with the triangle breakout getting quite a few technical guys excited. Contrary to this spike, 20k+ ETH Dec 120 puts traded at $8.4 yesterday. So who's gonna be right?
Crypto Exchange CoinZoom Receives License to Operate in Bermuda
The license will enable CoinZoom’s mission to mainstream digital asset investing and trading.
Blockchain Technology Implemented into Indonesia's Digital Economy
Bank Central Asia (BCA) is campaigning for Indonesian financial businesses to innovate and adopt blockchain technology to support its digital economy amidst rapid technological revolution.
Central African Republic Top Court Blocks Purchases with New Crypto
The High Court of the Central African Republic has ruled that using govt-backed crypto to buy “e-residency” or citizenship and land goes against the country’s constitution.
BTC Mining Firm Griid to be Listed on NYSE, valued at $3.3B
Bitcoin mining company Griid announced that it will merge with Adit EdTech Acquisition Corp through a special purpose acquisition company (SPAC) to be listed on the New York Stock Exchange under the stock code "GRDI".
Is Bitcoin's Price at $10K Stable? Here are Some Factors that Could Influence BTC
Bitcoin's (BTC) price dropped below $10,000 on the weekend, which ended BTC's two-month streak of staying above $10K.
Iconic Funds Launches Fourth Crypto Offering with ApeCoin ETP
Listed on the Boerse Stuttgart, the ApeCoin ETP underscores the company's long-term confidence in the digital assets theme, joining existing products including the Bitcoin ETP, Carbon offset Bitcoin ETP, and Ethereum ETP.
Top Three Altcoins to Watch for the Week: BNB, APE, and FLOW
As the new week unfolds, here are three of the top altcoins to watch out for BNB, APE, and FLOW
Deloitte and NYDIG Forms Alliance to Popularize Bitcoin
Big 4 auditing firm, Deloitte has formed a strategic alliance with NYDIG as both seek to make Bitcoin a more accessible digital currency for all.
Binance Launches $500M Fund for Distressed Bitcoin Miners
Private and publicly-listed bitcoin miners can now apply for loans with Binance as the crypto exchange launched a $500 million fund to cope with the ongoing downturn of the crypto-market conditions.
$1.7 Billion Rehabilitation Plan for Mt. Gox Hack Victims Shelved Until December
Victims of the now non-defunct crypto exchange Mt. Gox will have to wait on their refund following a 2014 hack, which triggered the loss of over 150,000 Bitcoin.
Is Bitcoin in India about to Boom? Paxful Survey Projection
Paxful, the peer-to-peer bitcoin marketplace, has released a survey that indicates India’s enthusiasm for Bitcoin has been reignited following the landmark decision to lift the ban on crypto trading.
Bitwise Bitcoin ETF (BITB): 0.20% Management Fee, Pledges 10% Profits for Bitcoin Development
Bitwise Bitcoin ETF (BITB) is a low-cost, regulated ETF for U.S. investors, offering a traditional route to investing in bitcoin. With a 0% management fee for the first six months, BITB could pave the way for more cryptocurrency-based investment products.
Coinbase NFT Marketplace is Open to All
Coinbase NFT marketplace is still in beta version and its focus is on creating a social platform for community members of buyers and sellers who can test it and build a larger community.
Accelerating Financial Inclusion surfing the Wave of Digital Innovation - Accra, Ghana to host the 6th Edition Connected Banking
The West African financial sector has been witnessing a wave of digital innovation that has fuelled services and applications that had the potential to really shake up the banking sector. Banks, Fintechs, and financial institutions have been harnessing digital solutions designed to serve touchless and remote banking, which has unlocked opportunities for the millions of digitally connected diaspora that remains formally unbanked but economically active.
BTC Institutional Investor Base Now Targeting Ethereum (ETH), says Grayscale Managing Director
Michael Sonnenshein, the managing director at Grayscale Investment LLC, has disclosed that Ethereum is one of the cryptocurrencies that people are looking at for investment.
El Salvador Eliminates Taxes on Technology Innovations
El Salvador has eliminated all income, property, and capital gains taxes on technology innovations, including software programming, coding, apps and AI development, as well as computing and communications hardware manufacturing. This move supports the country's ongoing efforts to expedite technological development, including the establishment of the National Bitcoin Office (ONBTC) to conduct joint initiatives with Bitcoin entrepreneurs and companies.
Privacy-centric Startup Nym Technologies Secures $300m in Funding
Privacy-centric startup Nym Technologies secured $300 million in financing. The new funding would create the Nym Foundation, support research on hybrid networks and privacy-enhancing technologies, and issue grants to developers.
Coinbase Invests $500M in Cash and Cash Equivalents and to Allocate 10% of Quarterly Net Income in Crypto
Cryptocurrency exchange Coinbase said it has committed $500 million in cash and cash equivalents and 10% of its quarterly net income which is worth $160 million will be invested in a portfolio of crypto assets.
Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP
Goldman Sachs is looking for a new Vice President for its Digital Assets team to helps define and execute the investment firm’s global blockchain strategy.
PIMCO Begins to Step into the Field of Crypto amid the Fad of Bitcoin
A Fix-income investment management giant PIMCO began to get involved in the cryptocurrency field and gradually increased the amount of investment.
Blockchain, Bitcoin, Libra, Facebook
What’s Bull___, Brilliant and Big Brother? Deep diving & examining where the real value is.
Shardeum Seeking to Raise $20m-$30M Seed Fund at $200m Valuation
Nischal Shetty, the co-founder of Indian cryptocurrency exchange WazirX, is seeking a $20 million to $30 million funding round for his blockchain startup Shardeum at a $200 million valuation.
Valkyrie Bitcoin Mining ETF to List on Nasdaq
American asset and index fund manager Valkyrie will list on the Nasdaq on Tuesday, February 8, under the ticker symbol "WGMI."
Jasmy Lab Partners with Kana Labs to Promote JasmyCoin and IoT
Jasmy Lab has partnered with Kana Labs to expand its Jasmy ecosystem and promote global growth. Kana Labs will provide the Account Abstraction SDK for JasmyCoin's cross-chain accessibility. The partnership includes joint marketing efforts in Korea, India, and Western markets.
Bitcoins' Circulation and Address Remain Underwhelming
Bitcoin isn't getting a ton of utility to kick off January, as its circulation and active address are remaining underwhelming.o
Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group
Multinational cybersecurity provider Kaspersky has announced that the notorious North Korean crypto criminal group, Lazarus, is planning on releasing a new ransomware.
Bitcoin NFTs to Hit $4.5B Market Cap
Galaxy Digital's research unit predicts that the Bitcoin nonfungible token (NFT) market could reach a $4.5 billion market cap by March 2025 based on conservative estimations. The report also outlines bear and bull case scenarios for the market.
Metaverse will change the world in 2022
After Facebook has announced to change its name to "Meta" last summer, the whole world has focused on a term called "Metaverse". The word "Metaverse" has been searched in Google and Youtube every day. However, Meta is not a decentralized organization that is not a Decentralized Autonomous Organization (DAO), a Web.30 concept, and GameFi players may not like it.
National Bank of Georgia Enhances Sanction Monitoring, Includes Virtual Asset Service Providers
The Acting President of the National Bank of Georgia, Archil Mestvirishvili, stated that the bank has not only been monitoring the observance of financial sanctions but also expanded its oversight to virtual asset service providers.
Sparks Fly: Bitcoin and Ethereum Debate on ETH’s Total Supply Goes Viral
Over the past few days, a central debate has been ongoing on crypto Twitter, fueled by Bitcoin and Ethereum advocates. Both Bitcoiners and Ethereans disagree on which cryptocurrency is better for use.
Binance Secures Registration in New Zealand, to Open Local Office
Binance has gained access to open up a local office soon in New Zealand as the crypto exchange platform successfully registered with the country's Ministry of Businesses Innovation and Employment.
Argentina Orders Stricter Monitoring on Local Crypto Transactions Amid Battling the Flight of Devalued Pesos
Argentina’s Financial Information Unit (FIU) has ordered stricter controls and monitoring into cryptocurrency transactions in the country to eradicate money laundering and other illicit activities. Argentine newspaper El Cronista reported that the FIU, a government agency that is responsible for enforcing anti-money laundering laws and compliance, is looking to tighten its controls on cryptocurrency trading.
Maple Finance Loans $300m to help Struggling Bitcoin Miners
The lending fund is designed to support crypto mining firms impacted by the market downturn.
DeFi Investing Platform Zerion Raises $8.2M in Series A Funding Led by Mosaic Ventures
San Francisco -based Decentralized finance (DeFi) investing app -Zerion announced to complete a Series A funding with a total value of $8.2 million Wednesday.
On-Chain Metrics Show Positive Correlation in Realized Cap of Bitcoin and Ethereum Prices, What it Means?
Bitcoin and Ethereum have attained a new all-time high in their realized market cap. If these trends continue, both assets may continue to pump in price.
Coinbase Custody Leads in Digital Asset Safety Amid ETF Adoption Surge
As crypto ETFs gain SEC approval, Coinbase Custody emerges as the trusted custodian for digital assets, leveraging advanced security and regulatory compliance.
Bitcoin On-Chain Indicators Suggest BTC Price Rally is not Over
Bitcoin made a new milestone, rallying to $16,835 recently, reaching its highest point since Jan. 7, 2018. Analysts believe Bitcoin's rally will continue...
Bitcoin Mixer - Shuffling Your Bitcoin For Anonymity and Privacy
Bitcoin Mixer offers a solution to the many risks posed by transacting Bitcoins online through a process known as Bitcoin shuffling.
US Treasury Department Warns Regulators of Potential Risks of Digital Assets
The Financial Stability Oversight Council (FSOC) of the US Treasury Department has released its annual report with a crucial warning of digital assets disruption.
Genesis Mining Survey Finds Bitcoin Investors Believe in Safe Haven Value, Not $50,000 BTC Price by 2030
A survey by Genesis Mining reveals that while the majority of Bitcoin investors are sold on the crypto’s ability to replace gold, few are as confident of $50,000 per BTC by 2030.
Animoca Brands subsidiary Darewise Entertainment Secures US$3.5M for Bitcoin Metaverse Ecosystem Token
Darewise Entertainment raised US$3.5 million via a token pre-sale on 17 October 2023, ahead of its Bitcoin metaverse ecosystem token launch, aimed at enhancing the development of its game Life Beyond. With significant backing from notable investors and strategic support from Horizen Labs for a 2024 token release, the project marks a substantial stride toward creating a Bitcoin-powered gaming metaverse.
Tripling of Bitcoin Millionaire Wallets in 2023: A Deep Dive into the Crypto Wealth Explosion
In 2023, the number of Bitcoin wallets with over $1 million increased by 237%, indicating a significant shift in cryptocurrency wealth and market dynamics.
What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority
Jake Chervinsky, the Blockchain Association's chief policy officer, criticized the SEC's enforcement-based regulation and urged Congress to regulate the sector.
Twitch Offers Bitcoin Discount to 15 million Gaming and Livestreaming Subscribers
Twitch is now leveraging BitPay’s digital currency processing network to facilitate Bitcoin cryptocurrency payments and has announced a special 10% crypto discount promotion.
CoinFLEX to Sue Robert Ver to Recover $84m Outstanding Debt
CoinFLEX is facing bankruptcy fears after its big longtime crypto investor Roger Ver who failed to repay a debt now totals $84 million dollars. The exchange said they are taking legal action against Roger Ver.
Australian Senator Bragg Releases New Draft on Digitial Assets
Australian Liberal Senator Andrew Bragg proposed a new draft of the titled Digital Assets (Market Regulation) Bill 2022, aimed at regulating digital asset exchanges.
Ava Labs to Raise New Funding Round at $5B valuation
Ava Labs, the team behind the development and management of Avalanche public blockchain, is raising a new funding round at a valuation of $5 billion, according to Bloomberg.
Tether Taps BDO Global for Attestation of Reserve
Tether Holdings Ltd, the firm known for the issuance of the world’s largest stablecoin, USDT has tapped the Italian branch of Binder Dijker Otte (BDO), the fifth biggest public accounting firm to help in the handling of its assurance and attestation processes
USDC Issuer Circle Secures $400M Funding from Fidelity and BlackRock
Circle, the company behind USD Coin (USDC), has bagged funding worth $400 million from different players, including Fidelity Management, BlackRock Inc, and Research LLC, signalling traditional finance interest in the crypto space.
American Football Star Russell Okung Shows Massive Support for Visa-Backed Bitcoin Rewards Card
Russel Okung, a National Football League (NFL) star, has shown his support for Fold’s Bitcoin cash-back rewards card as it will take Bitcoin adoption to unprecedented heights. Speaking to Forbes, Okung revealed that he has invested in the Fold Visa card project as it is a game-changer by presenting people with a unique way of being part of the Bitcoin economy.
PwC Hong Kong and TerraZero Partner to Explore Metaverse Products
PricewaterhouseCoopers (PwC) Hong Kong and Metaverse Technology Company TerraZero Enter into Collaboration to Explore Metaverse Products and Services.
Alphapo Hot Wallets Drained of Over $23M in BTC, ETH and TRON
Alphapo, a payment processor for various gambling services, reported a breach of their hot wallets today, July 23, 2023. The breach resulted in a loss of over $23 million in Ethereum (ETH), TRON (TRX), and Bitcoin (BTC) cryptocurrencies.
Despite Clear Divide Amongst Lawmakers, Crypto CEOs Request Clear Regulations
Top executives representing the biggest companies in the American digital currency ecosystem appeared before Congress to testify on the state of the crypto industry.
Bitcoin Needs to Sustain the Level Around $32.2-33K as Support to Strengthen an Upward Momentum, says Market Analyst
Market analysts believe that the renewed upward momentum in the BTC market will sustain if the range between $32.2 and $33K got support.
Scholar Disagrees BTC as the medium of Legal Tender
Roger Svensson, Associate Professor of the Institute of Industrial Economics, suggests that Bitcoin (BTC) is unsuitable as a medium of flat money for international currency.
DeFi TVL Remains Flat as Crypto Market Shrugs Off Another Bearish Weekend
Total Value Locked in DeFi remains slightly indifferent as the market saw a bullish opening to the new week.
Elon Musk and Changpeng “CZ” Zhao Clash Over Dogecoin Glitch
Elon Musk criticizes Changpeng Zhao for the way Binance handled the Dogecoin glitch calling it “shady”, sparking a “battle” on Twitter.
Companies among S. American Nations are Optimistic Accepting Crypto, Study Shows
Companies permitting Bitcoin and other crypto payments have a more positive outlook in Brazil, Columbia, and Argentina, according to a study by financial payments processing firm CoinsPaid.
Memecoins Dominate Q1 2024 Crypto Market Returns, Followed by DeFi and DePIN
In Q1 2024, crypto narratives experienced impressive returns, with memecoins leading the pack with an average return of 1312.6%, followed by RWA and AI.
A Number of Renowned Speakers are Expected to Take Part in Blockchain Fest Singapore 2023
A Number of Renowned Speakers are Expected to Take Part in Blockchain Fest Singapore 2023
MasRelic - DeFi and Synthetic Real Estate Platform Launched Its New Relic Token on the Ethereum Blockchain
MasRelic, a small cap start-up located 7 miles from one of the seven blockchain hubs of the world, New York City, has launched its new RELIC token on the Ethereum Blockchain on UniSwap.
Top 5 Fintech Predictions That Will Redefine The Landscape of Financial Markets in 2021
Undoubtedly fintech is leading us towards an unpredictable future considering the fintech leader’s insights and predictions.
Choise.com Invites Investors to Become Crypto Company Co-Owners
Crypto-banking innovator Choise.com is preparing a major assault on the $250B crypto earnings sector and is opening its equity book for those who want to be part of the journey. Via the Seedrs crowdinvesting platform, Choise.com is offering a limited supply of equity to Seedrs and its own platform users.
Bitcoin Price on Pace to Reach $20,000, Bloomberg Senior Strategist
The Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone says Bitcoin (BTC) may well be on pace to reach US$20,000 by 2021.
Israeli Authorities Disrupt Hezbollah and Iran Quds Force Terrorism Financing Crypto Infrastructure, Seize $1.7 Million
On June 27, 2023, Israeli Defense Minister Yoav Gallant announced that Israel's National Bureau for Counter Terror Financing (NBCTF) successfully disrupted the cryptocurrency infrastructure used by Hezbollah, a heavily sanctioned terrorist group based in Lebanon, and Iran's Quds Force, known for its extensive funding and collaboration with Hezbollah.
Know Your Bitcoin Address: Differences between Legacy, Nested SegWit and Native SegWit formats
There are currently three types of Bitcoin address formats: Legacy, Nested SegWit and Native SegWit. Do you know the difference between the three formats?
Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC's Approach
Ripple CEO Brad Garlinghouse predicts the approval of an Ether ETF by the SEC, critiquing the commission's approach under Gary Gensler as a political liability and detrimental to the U.S. economy's growth.
Leaked FinCEN Files: $137M Linked to Crypto Ponzi Scam OneCoin Laundered Through Bank of New York Mellon
A leaked trove of US official documents revealed that five major banks were involved in illicit transactions pertaining to mobsters and crypto Ponzi schemes.
Bitcoin Mining Transforming Global Energy Crisis, Says Arcane Research
Arcane Research suggests crypto mining would help to resolve the energy crisis triggered by fossil fuels.
Crypto Exchange Bit.com Establishes Toncoin Savings Product to Enhance TON Ecosystem
To enhance the growth of the TON community through the native token Toncoin, Singapore-based crypto exchange Bit.com has rolled out a savings product.
ESPN and Autograph Sign First Multi-year NFT Deal
Multinational multimedia sports entertainment brand ESPN Inc. and Tom Brady-founded Web3 brand Autograph signed their first multi-year NFT agreement on Wednesday.
Coinbase Launches Crypto Card Connecting with Apple Pay & Google Pay
A select group of Coinbase customers can now utilize the firms crypto debit cards to make purchases while earning rebates.
Bitcoin Whales Are Accumulating Behind The Scenes Adding 50,000 BTC to Their Wallets
Another shocking tweet by Tesla CEO Elon Musk lead to Bitcoin (BTC) plunged by more than 5% after touching the $40,000 level.
Bitcoin Stucks in a Broad Congestion Zone, says Market Trader Peter Brandt
Veteran trader Peter Brandt has cautioned aware of "fear of missing out" (FOMO) trading in the current Bitcoin (BTC) market, warning the market has not yet in a bull run based on the congestion taking place.
MAS Seeks to Ban All Forms of Crypto Credits in Singapore
The Monetary Authority of Singapore wants crypto service providers to avoid issuing credits for consumers to trade crypto
First Crypto MasterCard CoinJar Card Launches in Australia
Australian cryptocurrency exchange CoinJar cooperated with the global payment giant MasterCard to launch Australia's first cryptocurrency MasterCard CoinJar Card.
MicroStrategy Boosts Bitcoin Holdings to 205,000 BTC with Latest $821.7M Purchase
MicroStrategy has increased its Bitcoin holdings to 205,000 BTC, acquiring an additional 12,000 BTC for $821.7M using proceeds from its recent $800M convertible notes offering.
Argo Shares Plunges 72% After Fundraising Fails to Go Through
Shares of Bitcoin miner Argo fell 72% on Monday after a strategic investor failed to participate in the company's fundraising event
Luxury Car Purchases by Crypto Doubled to $12m in 2021, Says AutoCoinCars Executive
The number of customers worldwide using cryptocurrencies to buy vehicles has significantly increased. An executive of AutoCoinCars has seen sales on its platform double to $12 million in 2021.
Bank of Korea Completes 2nd Phase of CBDC Simulation Test
The Bank of Korea said that it has completed a 10-month CBDC simulation experiment research work on the 10-month central bank digital currency.
Satoshi Island Secures Endorsement from Vanuatu PM to Build Bitcoin Island
Satoshi Island Limited, the startup that is committed to building the crypto capital of the world as a smart city in Vanuatu, has announced it has secured approval for its project from the Prime Minister of Vanuatu.
Kava Launches Liquid Staking With Successful Mainnet Upgrade
The Kava Network, an open-source, EVM and Cosmos IBC compatible, Layer-1 blockchain ecosystem, successfully implemented its Kava 11 mainnet upgrade on October 26th.
Coinbase and Trustly Collaborate to Streamline Crypto Transactions for Canadians
Coinbase partners with Trustly for Open Banking in Canada, enabling direct bank-to-crypto wallet transactions. This follows Coinbase's recent Canadian market expansion and US crypto derivatives approval.
MicroStrategy Earns $3 Billion as Bitcoin Price Breaks $47k
MicroStrategy's Bitcoin holdings have risen to $8.89 billion, a $3 billion gain from its initial $250 million investment in 2020, despite challenges like price drops and potential bankruptcy.
Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’
Taking a page from North Korea, Venezuela is looking to skirt U.S. sanctions by using crypto. According to Bloomberg, Venezuelan President Nicolas Maduro announced a crypto payment method that they will activate “very soon.”
Bitwells Exchange Launches 777 BTC Giveaway for Derivatives Traders
Bitwells, the leading crypto derivatives exchange, has launched a 100% deposit match for new signups. The programme will reward traders who deposit up to 10 BTC with a corresponding bonus amount. A total of 777 BTC has been set aside in a funding pool and allocated for the promotion.
South African Exchange VALR Raises $50M Series B, Embrace the Largest Funding Round in Africa
Johannesburg, South Africa-based crypto exchange VALR, has secured a $50 million (over 750 million Rand) Series B round led by Pantera Capital.
Why Bitcoin Investors Shouldn’t Expect a Straight Moon Shot Over $20,000 Just Yet
Although the Bitcoin price gained 166% this year, the pioneer crypto has not yet produced the anticipated moon shot over $20,000 and investors could be in for a long wait.
Bitcoin Ordinals Create Stir Within Crypto Community
Luxor CEO Nick Hansen stated Bitcoin Ordinals might produce "synergies" between the mining pool and OridinalHub.
Visa's Head of Crypto Products Leaves Visa to Pursue Personal Payments Startup
Daniel Mottice, head of crypto products at payment giant Visa, announced his decision to leave Visa on Wednesday.
ZipmexX Suspends Withdrawals, Citing Celsius and Babel Risk Exposure
Asia's leading digital asset exchange ZipmexX has suspended users' cryptocurrency withdrawals, citing the move as the exchange's assets could be swallowed up by the financial crisis facing the Celsius Network and cryptocurrency lender Babel Finance.
KuCoin Pulls $150m Funding in Pre-Series B, Hitting $10bn Valuation
KuCoin Exchange has announced a pre-Series B funding round by pulling $150 million, aiming to expand its current centralized service offerings in the broader Web3.0 ecosystem.
Kaspersky’s Expert Take on KYC and AML: Stock vs Crypto Exchanges
In Part 2 of our interview, Yeo Siang Tiong, General Manager for Southeast Asia, Kaspersky shared how Kaspersky provides cybersecurity solutions for stock and crypto exchanges to address KYC and AML concerns. He also walked us through the Kaspersky Application Security Assessment and explained its significance in safeguarding assets in crypto exchanges.
Japan Asks Crypto Exchanges to Cancel Russian Sanction Related Transactions
Following concerns from the G7 nations, Japan has requested crypto exchanges to suspend transactions of crypto assets that are subject to asset-freeze sanctions against Russia and Belarus, Reuters reported.
Bitcoin Falls as Crypto Market Crashes Again
Crypto markets recoiled Wednesday with most major cryptocurrencies spending much of the day in the red. Lending arm of Genesis Global Trading temporarily suspended redemptions and new loan originations. Bitcoin down 1.4%, Ether down 3.7%, CEL, UNI, and FTX off more than 5%. Genesis Global Capital (DCG) has temporarily suspended redemptions and new loan originations in the wake of the FTX collapse. DCG's announcement is the latest entanglement to FTX's liquidity crisis and subsequent filing for bankruptcy protection last week.
Proof-of-Stake Founder Sunny King, on his Crypto Journey Inspired by Elon Musk and Steve Jobs
In the recent conversation with CoinMarketCap, Proof-of-Stake Founder Sunny King revealed how his crypto journey is inspired by Steve Jobs and Elon Musk! He also debunked the myth that energy consumption contributes to the intrinsic value of cryptocurrencies.
DFA Bill Passed, But Central Bank of Russia Still Thinks Cryptos Are Criminal
Despite the Digital Financial Assets bill being passed by the State Duma, Russia’s Central Bank has nevertheless argued that crypto transactions are not deemed as legitimate investments.
Twitter CEO: Bitcoin is a Prime “Currency of the Internet” Candidate
The founder and CEO of Twitter, Jack Dorsey has said that he has not considered creating a native coin for his own social media platforms like the Libra which Facebook had expressed intentions of unveiling as a "new global currency" in June targeting a launch in Q1 of the year 2020.
Tether CTO: Moving DeFi forward in Asia
Paolo Ardoino, CTO of Tether gives his take on the Decentralized Finance DEFI Ecosystem in Asia standing on the cusp of a global digital banking revolution.
Bitcoin Eyes $50,000 in the Long Term as Its Battle with Gold for Best Safe-Haven Asset Continues
Crypto exchange Luno and brokerage OSL believe that Bitcoin is still in the right trajectory and is set to hit $50,000 in the long term.
Binance's Bitcoin Halving Event Rewards Users for Crypto Knowledge
Participate in Binance's Word of the Day game focused on Bitcoin Evolution and earn points toward crypto rewards during the Bitcoin Halving special week.
Peter Schiff Mocks BTC Reliance on Platforms like PayPal, Says "Gold is Money, Bitcoin is not"
Bitcoin critic Peter Schiff is calling out Bitcoin again for requiring a third-party like PayPal to operate as a payment system, he said that "Gold is money and Bitcoin is not".
Riot Mined 6,626 Bitcoin, Clinching Record $281M Revenues in 2023
Riot Platforms saw a $280.7 million revenue boost in 2023, attributed to increased Bitcoin production, higher average prices, a strong balance sheet, and enhanced hash rate capacity.
117 Smuggled Crypto Mining Machines Seized by Iranian Police
The Iranian provincial police had apprehended an individual who was said to be smuggling in cryptocurrency mining machines. This was reported by the local news agency Fars News, on July 31.
Why Mike Novogratz Acquired 500,000 Ethereum from Vitalik Buterin at $0.99 Each in 2015
Mike Novogratz, Galaxy Digital founder, and CEO has disclosed that he bought 500,000 Ethereum from its co-founder Vitalik Buterin for only $0.99 per Ether.
Ethereum Total Liquidity in DeFi Protocols Climbs to $90.7B, Despite Price Slip
The dominance of Ethereum in the DeFi ecosystem continues to gain steam because total value locked (TVL) in this space surged by 14.43% to hit $90.7 billion.
U.S. National Republican Congressional Committee To Accept Crypto Donations Through Bitpay
U.S. National Republican Congressional Committee (NRCC) is changing its strategy to accept crypto donations through Bitpay.
Ethereum Whale Transactions Ballooned to Levels Since January 2018
On-chain metrics provider Santiment acknowledged that ETH whale transactions went through the roof in the past week.
CFTC Sues Ohio Resident Rathnakishore Giri Fraudster Involving in a $12M Ponzi Scheme
The U.S. Commodity Futures Trading Commission (CFTC) has charged Ohio resident cryptocurrency scammer Rathnakishore Giri and his company with illegally defrauding up to $12 million in a Ponzi-like scheme.
SEC Approves VanEck to Launch the Second Bitcoin Futures ETF in the U.S. Markets
The second Bitcoin-futures EFT is set to begin trading next week. The US SEC has made another important move by allowing VanEck to launch trading of its Bitcoin-futures ETF.
Coinbase Appoints Marc Andreessen in Management Reshuffle Ahead of Potential IPO
Coinbase has made a board reshuffle that sees the additions of Silicon Valley mogul Gokul Rajaram and ventures capitalist Marc Andreessen. The reshuffle comes amid rumor of a potential Coinbase IPO.
MicroStrategy Sells Off Convertible Debt Worth $1.05 Billion To Purchase More Bitcoin
MicroStrategy announced that it completed a sale of convertible senior notes worth $1.05 billion to acquire more Bitcoins.
Marathon Digital and Zero Two Partner for Abu Dhabi Bitcoin-Mining Facility
Marathon Digital Holdings and Zero Two have partnered to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi. The joint venture, based in Mina Zayed and Masdar City, will comprise two mining sites with a combined 250-megawatt capacity. Marathon and Zero Two plan to power the facilities with excess energy from Abu Dhabi’s grid.
Coinbase ($COIN) Begins Trading on Nasdaq, Marking a Historic Moment for Crypto
Coinbase officially started trading its stock on the Nasdaq US Stock Exchange on Wednesday, April 14.
More than 75% Salvadoran Distrust in Bitcoin as Fiat Money, Poll suggests
A poll shows that more than three-quarters of Salvadorans are sceptical towards the implementation of Bitcoin across the country, according to Reuters, citing a survey released Thursday.
Cboe Digital Set to Launch Bitcoin and Ether Futures Trading in January 2024
Cboe Digital, the first US-regulated crypto native exchange, will launch Bitcoin and Ether futures trading, enhancing capital efficiency and market liquidity.
Chainlink Is Rallying Bullishly, Up 15% in The Last 7 Hours
New data by on-chain metrics provider Santiment reveals that Chainlink (LINK) is back to its winning ways because it is up by nearly 15% in the last 7 hours.
Bitcoin Lost Over $500 Billion in Market Capitalization With the Latest Correction
The downtrend witnessed in the Bitcoin market has caused the top cryptocurrency to shed more than $500 billion in market cap.
Robinhood Crashes as Dogecoin Soars to Fresh All-Time High
Robinhood experienced technical difficulties during Dogecoin (DOGE)’s spike to a new all-time high.
Crypto.com to Integrate with Google Pay
Cryptocurrency exchange Crypto.com announced that it will add Google Pay for Android users to buy crypto assets on its exchange.
Democrats Request Trump Administration Briefing on Enormous Seizure of Cryptocurrency Terrorism Funding
House Democrats have asked the Trump Administration for a debriefing on the enormous Bitcoin and crypto seizure intended for Hamas, al-Qaeda, and Islamic State terrorists.
Bitcoin Hashrate Resumes More Than Doubles Amid BTC Being up by More Than 441% since the Halving
Bitcoin’s hashrate has been on the right footing because it has resumed more than doubled after falling by 50% amid intensified crypto mining crackdowns by Chinese authorities.
HKD.com Announces M+A with Technicorum Holdings, Creating $100m Valuation in Singapore
Hong Kong Digital Asset Exchange Limited (HKD.com), a leading digital asset exchange in Hong Kong, today announced that the company has entered a joint strategic partnership and merger and acquisition with Technicorum Holdings (www.technicorum.com), diving further into the $163 billion annual global blockchain market.
Coinbase Executives Visit UAE to Explore Potential for Crypto Operations
Coinbase executives, including CEO Brian Armstrong, visited the UAE to explore the potential of the region as a strategic hub for its international operations. The visit coincides with a partnership between Marathon Digital Holdings and Zero Two to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi.
TRON Welcomes NFT Collectors into the MegaCryptoPolis Metaverse
It’s no secret that TRON has been eyeing a foray into NFTs and digital collectibles for some time; only last week, Justin Sun was pipped to the punch to purchase Beeple’s NFT art collection at Christie’s. The TRON founder placed a last-minute bid that fell just short of the $69 million the work eventually went for.
Central Bank Digital Currencies Are Not Like Bitcoin or Cryptocurrency
CBDC are digital assets, but they are not cryptocurrencies and in fact strike at the heart of the very philosophy that brought Bitcoin into existence.
Public Companies Now Hold Almost $7 Billion Worth Of Bitcoin
At the time of writing, there is almost $7 billion of Bitcoin currently held by 13 publicly listed companies, notably MicroStrategy, Square, Galaxy Digital and Grayscale.
Crypto Exchange Web Traffic Hit 473.3 Million Visits in October
More participants are eyeing the cryptocurrency sector, given that the crypto exchange web traffic has witnessed a 15.5% increase month-on-month (MoM).
Crypto Needs a Balanced Approach for an Enhanced Global Outreach, PayBito CEO Says
For crypto’s full potential to be harnessed, striking a balance between divergent patterns and enhancing diversity at all levels is needed, according to Raj Chowdhury, the CEO of crypto trading platform PayBito.
GameFi Industry Expected to Reach $2.8B by 2028
A study shows the growth and adoption of the crypto GameFi business are expected to make the game-earning NFT gaming industry reach $2.8 billion by 2028.
Trump Nominates SEC Commissioner Hester Peirce For Second Term
Crypto Mom, Hester Peirce has been nominated for a second term with the U.S. Securities and Exchange Commission (SEC) as one of its five commissioners, until 2025.
Bitcoin Price to Rally Higher as President Trump Signs $900 Billion Stimulus Bill
President Trump has signed the $900 billion pandemic relief bill, adding to the Fed's mounting debt catalyst for the Bitcoin (BTC) price to continue its sensational rally.
Crypto Market Cap Smashes $1 Trillion with JPMorgan Projecting $2.5 Trillion to Come
The Crypto industry's market capitalization has surpassed the $1trillion market cap. JPMorgan has projected there could be room for an additional $2.5 trillion in 2021.
Bitcoin Needs to Hold Above $55,000 for It to Test New Highs, says Market Analyst
Market analyst and trader Michael van de Poppe has disclosed that BTC needs to hold above the $55K price level if it is to rally higher.
CFTC Charges Four Individuals Behind Alleged Bitcoin Fraud Scheme "Global Trading Club"
The Commodity Futures Trading Commission has charged four people for allegedly soliciting funds from clients to speculate in Bitcoin price movements.
a16Z to Establish Crypto Research Lab
Wallet Street Venture Capital firm, Andreessen Horowitz (a16Z) established its own crypto research lab to conduct blockchain-related academic research.
UN Research Unveils Bitcoin's Environmental Toll Beyond Carbon Emissions
A UN study reveals Bitcoin mining's significant environmental impact, including carbon emissions, water and land damage, and heavy reliance on fossil fuels. It calls for urgent regulatory and technological interventions to promote a sustainable digital currency ecosystem.
Tennis Star Naomi Osaka Becomes FTX's Global Ambassador
Four-time tennis grand slam singles champion Naomi Osaka becomes FTX's global ambassador, becoming one of the first major female professional athletes to partner with FTX.
Crypto.com Receives Regulatory Approval from Cyprus Securities and Exchange Commission (CySEC)
Cyprus, July 22, 2022 - Crypto.com, the world’s fastest growing cryptocurrency platform, announced today that it has received regulatory approval from the Cyprus Securities and Exchange Commission (CySEC). This approval will enable Crypto.com to offer a suite of products and services to customers in Cyprus in compliance with local regulations.
South Korean Telecom Operator SK Telecom to Develop Web3 Wallet
SK Telecom cooperates with AhnLab Blockchain Company (ABC) and blockchain company Atomix Lab to develop a Web3 digital asset.
Paraguay Introduces Bill to Make Bitcoin Legal Tender
Paraguay lawmaker has tabled a motion in pursuing Bitcoin as legal tender, hoping that the country will become another country to use cryptocurrency after El Salvador.
Bank of Russia Commences Digital Ruble Trials
The Bank of Russia (BoR) has announced the commencement of its Digital Ruble trials, making the most ambitious push for a functional CBDC in the country.
It is not just Liquidity, Huobi on Two Fair Metrics to Rank Crypto Exchanges
Ciara Sun, Head of Global Business Development & Partnerships at Huobi Group, has a wealth of experience in financial analysis, strategic consulting and corporate management from her previous roles with prestigious enterprises such as Boston Consulting Group, Deloitte Consulting and Ernst & Young. Sun sat down with Blockchain.News at the Blockshow Asia 2019 to discuss Huobi’s rising profile, China’s decentralized economy and what she considers fair metrics for ranking exchanges.
Tether Discontinues Support for Kusama, Bitcoin Cash SLP, and Omni Layer
Tether ceases support for Kusama, Bitcoin Cash SLP, and Omni Layer due to evolving crypto needs. The move follows Q2 earnings surpassing $1 billion. Tether remains hopeful for Omni's potential.
Different Stances on Cryptocurrency Risk Revealed, Many Still Link Crypto to Cyber Fraud
Findings revealed that banks, governments, and cryptocurrency professionals were divided in their stance on digital currencies.
Bitcoin Is 10X Better than Gold, Says Tyler Winklevoss
Bitcoin has been increasingly compared to gold, with many bulls such as Tyler Winklevoss saying that "BTC was better at being gold than gold."
PayPal CEO: "The Time is Now" For Bitcoin To Go Mainstream
PayPal CEO Dan Schulman believes the time for cryptocurrencies like Bitcoin to go mainstream is here, he is bullish on the future potential of digital currency,
Dogecoin: Not All Cryptos Are Created Equal
What do Elon Musk, Snoop Dogg, and Gene Simmons have in common? They've all come out as proponents of Dogecoin, the one-time joke cryptocurrency. While Doge might be spiking, it's important to remember that no all cryptos are created equal.
Microstrategy CEO Reveals BTC Purchase is Corporate Strategy to Adopt Bitcoin Standard
CEO Michael Saylor revealed that MicroStrategy’s $425 million Bitcoin investment was part of its corporate 100-year outlook and strategy to adopt the Bitcoin Standard.
Why Did the University of California San Francisco Pay Hackers $1.4 Million in Bitcoin?
The University of California, San Francisco (UCSF), has recently paid criminal hackers $1.14 million to resolve a ransomware attack. The university reportedly paid the amount in 116.4 Bitcoins worth over $1 million.
Paolo Ardoino: Tether Tests New Bitcoin Mining Platform, Moria, with Enhanced Software Control
Tether is testing its new Bitcoin mining platform, Moria, which has undergone significant software enhancements, including software-driven PDU management and multisig approval. Moria is designed to integrate with IoT devices, potentially revolutionizing mining operations. Tether's diversification into Bitcoin mining is still in its testing phase.
President Trump Instructed Clamp Down on Bitcoin, Alleges Former National Security Advisor
John Bolton, a former national security advisor in the Trump administration, has purported that the US president ordered Treasury Secretary Steven Mnuchin to crack down on Bitcoin in mid-2018.
Texas City Fort Worth Becomes First Government to Mine Bitcoin in the US
Fort Worth, a City in Texas State, announced Tuesday to become the first city government to mine Bitcoin in the United States.
Crypto Miner Bitdeer Buys Storage Facility Le Freeport for $28M
Crypto miner Bitdeer spent about $28.4 million in July to acquire Le Freeport, the highest-security storage facility in Singapore.
Coinbase Report: New York Emerges as a Hub for Crypto Innovation and Adoption
Coinbase's report highlights New York's growing role in crypto, with 19% of residents owning crypto and a surge in blockchain initiatives. The state is seen as a hub for crypto innovation.
Voyager reportedly sells assets on Coinbase exchange
Lookonchain showed Voyager using 23 tokens worth over $100 million.
Crypto Ads to Pop up in Super Bowl
Cryptocurrencies may dominate this Super Bowl ad and emerge as the winner. Coinbase, FTX, Crypto. com, Bitbuy will all be involved during Super Bowl ads.
Binance Clarifies Users Assets Safe on Accounting System Vulnerability Incident
Binance clarified that the "Binance Accounting System Vulnerability" incident occurred on Binance.US only, and Binance.com found no related problems, emphasising that user assets are safe.
Iran and Russia Seek A Gold-Backed Stablecoin
Iran and Russia are planning a gold-backed cryptocurrency. In Astrakhan, Russia began accepting Iranian goods, a stablecoin would function. Instead of utilizing dollars, rubles, or rials, the initiative would allow cross-border transactions.
Bitcoin’s Trading Volume Reaches High Since June as Price Slips Below $18.8K
Selling pressure has emerged on the Bitcoin market, causing the price to drop below $18,800. Furthermore, trading volume hit a three-month high.
Swiss Retail Bank to Offer Cryptocurrency Services
PostFinance has partnered with Sygnum to offer customers cryptocurrency trading and storage services, including Bitcoin and Ether.
Bitcoin is the Best Institutional Asset in Q1 2021 - Messari
Bitcoin has reportedly outperformed the major institutional assets including oil and gold in Q1, 2021.
Crypto Exchange Bitso Lays off Over 10% Employees
South American trading platform Bitso announced the decision to lay off 80 employees in consideration of its long-term business strategy.
NY Fed's digital currency Test Reveals Feasibility
The Innovation Center of the Federal Reserve Bank of New York (NYIC) has successfully completed its proof-of-concept of a regulated liability network (RLN), which was carried out in collaboration with nine significant financial institutions and the Swift network.
Jack Dorsey's Block Appoints MIT's Neha Narula to Board of Directors
Block, Inc., led by Jack Dorsey, has appointed Neha Narula, Director of the Digital Currency Initiative at MIT Media Lab, to its Board of Directors. Narula's expertise in Bitcoin and open source technology aligns with Block's mission of economic empowerment.
Polkadot (DOT) Price Surges to a New All-Time High, Large-Cap Altcoins to Rally in 2021
While Bitcoin’s price has rallied to record highs, Polkadot (DOT) has also seen a rally of its own.
Metaverse Technology Company Peer Inc. Partners with Fresh Consulting to Bring the AR Metaverse to Market
Peer Inc., a metaverse technology company, has entered a new partnership with Seattle-based innovation agency Fresh Consulting. Peer will be working with Fresh to deliver on its vision of a gamified digital layer on top of the world, and support its mission to bring people and content into the metaverse. Fresh will provide an elite team of engineers, developers, designers, and strategists who build innovative end-to-end solutions for some of the world’s largest tech companies.
CoinSmart Is on the Hunt to Buy Distressed Crypto Assets
The recent market crash is the latest in global financial events that have created unique opportunities for buyers like CoinSmart and FTX wanting to acquire distressed crypto firms at a bargain valuation.
Ethereum is Inferior to Bitcoin as Money, What Makes ETH Valuable?
ETH is needed for staking and for securing transactions. However, Selkis believes that ETHE has been triggering a “mirage” of institutional demand of ETH.
US SEC Shoots Down Latest Bitcoin ETF, Commissioner Crypto-Mom Dissents on Ruling
The US Securities and Exchange Commission (SEC) has rejected yet another bid for a bitcoin-based exchange-traded fund (ETF), this time from New York-based Wilshire Phoenix.
SEC Raises Objections to Celsius Network's Restructuring Plan Involving Coinbase
The U.S. Securities and Exchange Commission (SEC) has filed a limited objection to the Chapter 11 restructuring plan of crypto lending platform Celsius Network. The objection, dated September 22, 2023, specifically targets the company's proposed arrangement with Coinbase for distribution services. The SEC is also currently engaged in a lawsuit against Coinbase, adding another layer of complexity to the situation.
Binance Launches New Virtual Crypto Debit Card Issued by Visa, with Physical Version to be Rolled Out Shortly
Leading crypto exchange Binance announced the launch of its new product 'Binance Card' which aims to provide crypto payment services anywhere in the world.
Virtual Assets Investment Opens Opportunity to H.K. Residents, While Adrian Cheng Invests in Sandbox
As residents in Hong Kong struggle to purchase physical property, The Sandbox's virtual assets could be a lucrative investment opportunity for many.
CoinLedger Joins Forces with MetaMask for Streamlined Crypto Tax Reporting
MetaMask and CoinLedger collaborate to simplify tax reporting for users, integrating automatic tax features into the MetaMask Portfolio.
Crypto Leaders' Stance on DCCPA Bill Polarised, Not Everyone Buying It
After much criticism following his support of the uploaded DCCPA bill, FTX CEO Sam Bankman-Fried has again taken to Twitter to explain further on the bill.
Crypto Alert: Revolutionary DGT Token Community Presale
Tallinn, Estonia, 8 January 2021 DGBLabs OÜ, announces it Community Presale of the DataGrid Token (DGT) for 22nd- 26th January offering a 5% bonus, which is reduced 1% a each day during the sale, on a minimum of one quarter ETH at the price of $.005. Higher Bonus levels available for purchases over 80 ETH. Participants will be required to complete WhiteListing on Blockpass prior to the sale date.
Walmart Installing Bitcoin ATMs in its Retail Stores
Some Walmart customers are now able to purchase Bitcoin in its stores. Walmart's spokesperson said serval pilot tests conducted by Coinstar started earlier this month, including 200 kiosks in Walmart stores.
1INCH Sets New All-Time High as Token Launches on Coinbase Pro
With the decentralized finance boom, many projects have emerged in the DeFi market. 1INCH stands out among them.
CortexDAO Listed on MEXC Global
CortexDAO, a DeFi index platform, announced today it has listed its CXD token on the MEXC Exchange. CXD is now available in a USDT trading pair to MEXC’s over 6 million users, with the launch of CortexDAO’s Convex Index right around the corner.
Greenidge Secures $100m Fund, Aims to Enlarge Operations in U.S.
Greenidge Generation Holdings has secured $100 million in funds to help in enlarging its operations in the US.
South Korea Passes Comprehensive Law Officially Legalizing Cryptocurrency Trading And Holding
A day after India’s Supreme Court lifted the ban on cryptocurrencies, South Korea has followed in their footsteps as the nation’s National Assembly has amended the Act on Reporting and Use of Specific Financial Information. This move fully legalizes cryptocurrencies in South Korea.
Tether Emphasizes Commitment to Transparency, Releases Reserves Information in Response to CoinDesk's FOIL Request
Tether has reaffirmed its commitment to transparency and announced its completion of reporting obligations to the New York Attorney General's Office. Under the terms of its 2021 settlement, Tether fulfilled its quarterly reporting requirements for a period of two years.
Bitcoin ATM Installations Plunge in May, CoinRadar Data Shows
The ongoing ‘crypto winter’ is now reflected in the number of Bitcoin Automated Teller Machine (ATM) installations across the globe
Telegram to Launch TON Network Later This Month
Telegram Open Network (TON) announced that the original investors had been informed that the blockchain network would launch in late October.
5G Wireless Network Helium Proposes Migration to Solana Blockchain
Decentralized peer-to-peer (P2P) 5G wireless network Helium is proposing to migrate its own network, officially known as HIP 70, to Solana in search of more efficient operations.
Potential Fed Tightening Driving Short Term Crypto Sentiments: Analyst
The digital currency ecosystem has continued to experience volatility, with a declining market capitalization sweeping across the board. An analyst suggests the crypto market is still subject to Federal Reserve’s continuous quantitative tightening policy.
US Congressmen Pushing for SEC Chairman Gary Gensler to Approve Bitcoin Spot ETF
US lawmakers Tom Emmer and Darren Soto have stated that they would like to see the US SEC pave the way for Bitcoin spot ETF approval.
US won't Follow China’s Ban on Crypto and ‘Up to Congress’: SEC Chairman Gary Gensler
At a hearing held on Tuesday, Gary Gensler, chairman of the US Securities and Exchange Commission, said that the United States will not follow China's ban on cryptocurrencies.
Hong Kong Embraces Virtual Asset Spot ETFs
Hong Kong is set to become the first market in Asia to allow Virtual Asset Spot ETFs, with around ten fund companies preparing for launch. This move signifies a major shift in the region's approach to virtual assets.
Grayscale Bitcoin Survey Reveals More Than 50% of US Investors Are BTC Hungry, Clear Crypto Regulations May Onboard More
Grayscale’s Bitcoin Investor Study revealed that Bitcoin interest and knowledge among investors have been steadily growing this year, accelerated by COVID-19.
India’s Apex Court Postpones Cryptocurrencies Ban Hearing to November
Back in April 2018, the Reserve Bank of India released a press release prohibiting banks from providing financial services to individuals and corporate bodies dealing in cryptocurrencies. This move by the Reserve Bank of India has received many criticisms from several individuals and the High Court of Delhi as the ban clearly violates the constitution.
Blockchain: Everything You Need to Know
Blockchain, the underlying technology of bitcoin, was once just a buzzword but is now an irreversible trend that has the potential to reshape human society.
First Bitcoin Car Heads to the 105th Running of the Indianapolis 500
The world's first Bitcoin car is ready to go public, bringing cryptocurrency to the racing world.
Sortium Blockchain Studio Launches 1st 3D Living NFT "Kymera"
Web3 technology provider Sortium Blockchain Studio has launched the first 3D living NFT called "Kymera" based on-chain DNA.
American Premium Water Corporation Acquires Crypto Mining Company CloudX
American Premium Water Corporation announced the acquisition of cryptocurrency mining and staking company CloudXchange DataCentre Inc. (“CloudX”) for $45.6 million.
Janet Yellen says Crypto Terrorist Financing is a Concern Following Attacks on US Capitol
Janet Yellen highlighted the “growing concern” of crypto being leveraged to finance terror just weeks after the US Capitol was attacked by domestic terrorists paid in BTC.
Bitcoin Price Bull Run Intact Despite $1700 Price Dive on Sunday
The Bitcoin price went on a wild ride over the weekend, the bulls pushing the Bitcoin price up to $12,100, before the world’s biggest cryptocurrency plunged back to $10,640 within a matter of minutes.
SoftBank CEO Does Not Understand Bitcoin Despite $200 Million Investment in BTC
After investing about $200 million in Bitcoin, SoftBank's CEO, Masayoshi Son reveals he does not understand Bitcoin.
Ansible Labs Completes $7M Seed Funding Led by Archetype
Blockchain payments platform Ansible Labs on Wednesday announced the completion of a $7 million seed round of funding led by crypto venture capital firm Archetype.
China’s Crypto Mining Clampdown Sparked by Illegal Coal Extraction
China’s latest crackdown on cryptocurrency mining was prompted by an increase in the illegal coal extraction.
CoinShares to Acquire the ETF Index of Elwood Technologies, Owned by Ellen Howard for $17M
Elwood Technologies, a cryptocurrency company of hedge fund giant Allen Howard, sold its ETF index to CoinShares for $17 million.
Grayscale Investments Opens Trading for Grayscale Bitcoin Cash and Litecoin Trusts
Grayscale Investments, the world’s largest digital currency asset manager has opened public trading for two prominent altcoins, Bitcoin Cash and Litecoin.
OpenAI’s Robotic Hand Can Now Solve a Rubik’s Cube One-Handed
OpenAI, the San Francisco-based artificial intelligence research organization, has hit a new milestone this week.
Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors
Hong Kong retail traders may be prohibited from trading cryptocurrencies if the city’s Financial Services and the Treasury Bureau’s proposed rule is approved.
Bitcoin Might Explode Soon as Bollinger Bands Continue to Shrink
On-chain analyst Matthew Hyland believes the current consolidation in the Bitcoin market might be the calm before the storm because the Bollinger Bands (BB) have shrunk to levels last seen in October 2020 when the price was at $10,000.
Ethereum's Vitalik Takes a Jab at Michael Saylor, Calls Him a "Total Clown"
The question of the security status of Bitcoin and Ethereum seems to be pitching many notable figures in the digital currency ecosystem against one another.
Elon Musk Criticizes Bitcoin Mining for Being Highly Centralized in China, Hinting that Tesla May Dump Bitcoin
Elon Musk’s tweets have served to create headwind for Bitcoin, sending the cryptocurrency on a steep plunge.
Crypto Scams Took in More Than $30 Million in Taiwan in 2019
Blockchain and cryptocurrency investment scams have risen and have reached $900 million New Taiwan dollars ($30 million) in Taiwan last year, according to Gao Hongan, a political figure in the country.
Justin Sun Finally Got His Long-Awaited $4.57 Million Dinner with Warren Buffett
Founder of TRON, cryptocurrency entrepreneur Justin Sun had his long-awaited $4.57 million charity auctioned meal with Warren Buffett. Here's what happened.
artèQ (ARTEQ) Announces First Centralized Exchange Listing on BitMart
Exciting news for crypto enthusiasts seeking to invest in NFT as an alternative asset class, artèQ token is getting its first listing on CEX. The artèQ NFT Investment Capital today announced its centralized exchange listing on BitMart. artèQ’s native utility token, $ARTEQ, will get listed for trading on BitMart, a leading crypto exchange with millions of users globally. As the first centralized exchange to list artèQ, BitMart lets users trade the ARTEQ/USDT pair. BitMart users can trade cryptocurrency instantly with an advanced security system and user-friendly interface.
Federal Reserve Keeps Interest Rates Steady, Bitcoin Responds with Significant Fluctuations
Federal Reserve officials has agreed to keep interest rates unchanged following 10 consecutive hikes. However, the Federal Reserve hinted that they may consider a rate hike next month if the economy and inflation don't show further signs of cooling down.
ZetaChain and Curve Finance Collaborate to Revolutionize DeFi with Native BTC Support
ZetaChain and Curve Finance have partnered to introduce native Bitcoin support for cross-chain swaps and omnichain asset pools, enhancing asset management efficiency across blockchains.
MintDice Bitcoin Casino—Bringing Trust to the World of Online Gambling
Online gambling is one of the fastest-growing markets in the world since the mass adoption of smartphone technology and increased global internet access. The industry is very divisive however and its opponents cite the high levels of fraudulent sites and scams.
Bitcoin’s Bounce Back to $40,000 in Jeopardy as Grayscale Investments Slacken
Leading American bank JPMorgan Chase & Co. believes that a bounce back to the $40,000 level has been jeopardized as Bitcoin investments by Grayscale are drying up.
Grayscale Launches New Entity to Manage Growing Funds
Cryptocurrency asset manager Grayscale Investments has launched a new entity, the Grayscale Funds Trust, to manage its publicly traded financial products in-house. The company has also filed a registration statement for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF.
Russian Crypto Startup InDeFi to Launch Ruble Stablecoin following DAI Model
The new stablecoin project has no connection with the Bank of Russia’s digital ruble. The stablecoin will be pegged to ruble fiat currency.
Coin Center Sues IRS For Unconstitutional Tax Reporting Rules
Coin Center, a Washington DC-based non-profit research and advocacy centre, has filed a lawsuit against the United States Treasury and the Internal Revenue Service (IRS) for a tax reporting requirement it wants to pass into law.
Gemini Purchases Carbon Credits to Decarbonize Bitcoin
Gemini exchange is funding initiatives to help decarbonize Bitcoin.
Mike Novogratz Believes Bitcoin Will Solidify Bill Gates' GOAT Status
Galaxy Digital founder and CEO Mike Novogratz believes Bill Gates could gain and solidify his status if he owned Bitcoin.
Wanted Wirecard Exec Marsalek Hiding in Russia After Moving Funds in Bitcoin
Former Wirecard Chief Operating Officer Jan Marsalek used Bitcoin to move funds to Russia where he is now in hiding under the supervision of Russian intelligence operatives, according to a Russian media outlet.
BlackRock reschedules its $10 million Bitcoin investment to January 5, 2024
BlackRock, the world's largest asset manager, is rescheduling its $10 million investment in Bitcoin to January 5, 2024, as a major step towards launching the first spot Bitcoin ETF.
CoinMarketCap Users Says Exchange Rankings Make No Sense
CoinMarketCap is a renowned cryptocurrency and exchange data aggregator. Recently purchased by Binance, the site is currently under fire from users who claim that exchange rankings are being manipulated.
Coca-Cola Vendors Accept Bitcoin in Australia and New Zealand
Amatil, the Coca-Cola company's biggest distributor in Australia and New Zealand has partnered with Centrapay, a payment startup to enable customers to pay with Bitcoin and other digital currencies.
BIGG Digital Assets Inc.Releases Q1 Result, Revenue Hits up to $2.5m
Canada-based cryptocurrency company BIGG Digital Assets Inc. announced its financial results for the first quarter of 2022, with total quarterly revenue of $2.5 million.
Florida Governor Reveals Plan to Permit Crypto Tax Payments
Speaking at a press conference, Florida Governor Ron DeSantis disclosed plans to roll out a cryptocurrency payment option for businesses remitting taxes.
McDonald's in Swiss Town Accepts Crypto Payments in BTC & USDT
Multinational fast food giant McDonald's accepts Bitcoin and USDT as payment methods in the southern Swiss city of Lugano (Lugano).
No-Kill Animal Organization PAWS Chicago Launches "Dogenations", Accepting Crypto Donations
PAWS Chicago, a large-scale No-Kill animal rescue organization in the Midwestern United States, and Leo Burnett, a creative solutions company, launched a cryptocurrency donation event called "Dogenations".
Bitcoin Regains $25,000 since June, Bearish Tone Remains
The largest cryptocurrency, bitcoin, regained $25,000 since June, with data on Bitstamp’s exchange hitting $25,050, the highest level since June 13.
California's Crypto Voters: A Pivot in the 2024 Elections
Coinbase's data indicates that California's 8.2 million crypto owners could significantly influence the 2024 elections, with a strong preference for candidates who support innovative and crypto-friendly policies.
Coinbase CLO Responds to SEC's Opposition
Coinbase's Chief Legal Officer, Paul Grewal, responded to the SEC's opposition to the company's motion to dismiss the case against it. Grewal criticized the SEC for making unsupported legal claims and emphasized that the assets listed on Coinbase are not securities. He also called for regulation that listens to the crypto community and mentioned that Coinbase will file its reply on October 24, 2023.
Breaking: MicroStrategy Completes $800M in Convertible Notes to Fund Bitcoin Strategy
MicroStrategy finalizes a substantial $800 million convertible notes offering to bolster its Bitcoin reserves, affirming its commitment to cryptocurrency investment.
UK FCA Warns of FTX Unauthorised Provision of Financial Services to Investors
The U.K.’s Financial Conduct Authority (FCA) issued a warning on its official website (FCA) that cryptocurrency exchange FTX may be providing financial services or products in the country without authorization.
UK Court Rules Against Craig Wright's Claims of Being Satoshi Nakamoto
A UK judge has ruled that Craig Wright, who claimed to have written the Bitcoin whitepaper, is not the elusive Satoshi Nakamoto.
Melanion Capital Advocates for Bitcoin Mining Against Swedish Government's Banning Call
Swedish authorities' call to ban Bitcoin mining across the EU has been faulted by Melanion Capital who says the position is "completely misinformed."
Philcoin Rolls Out Staking Program for Donating Charity
To change the way of charity, Philcoin has established a staking mechanism that will enable users to donate part of their earnings to a charity of their choice within PHILApp.
The ReserveBlock Protocol Launches Mainnet Beta with Web-Wallet for over 2,300 Validators
ReserveBlock RBX, the first open-source decentralized NFT Centric Blockchain that enables true peer-to-peer operability for the validating, minting, and trading of NFTs with or without the need of a centralized authority, announced that the protocol has achieved mainnet beta after seven months of testnet and achieving consistent stability amongst the validators on the network.
Binance CEO Refutes SEC's $12 Billion Fund Misappropriation Claims
Binance CEO Changpeng Zhao has categorically denied the allegations recently published by CoinDesk stating that $12 billion were redirected to firms under his control.
Canada should 'plant a flag' in crypto, Says Wealthsimple Co-founder
The head of Crypto and stock trading platform Wealthsimple said the Canadian government should work on growing cryptocurrency and blockchain companies in the country.
Man Sentenced to Prison for Stealing Bitcoin from Silk Road
James Zhong, who stole more than 51,680 Bitcoin from Silk Road in 2012, has been sentenced to one year and one day in prison for wire fraud charges. The Bitcoin was worth roughly $3.4 billion at the time of its seizure in November 2021.
Gaming Giant Square Enix Joins Oasys in Developing Blockchain Games
On September 12, Square Enix, a Japanese game development company, announced that it has joined the game blockchain Oasys to jointly explore the feasibility of using user contributions to develop new games on the Oasys blockchain.
Bitcoin Hashrate Has Almost Completely Recovered after Dropped by 93%
Bitcoin miners have been on the right footing after relocating other areas like the United States, Kazakhstan, and Iraq because the hashrate has nearly fully recovered based on a 93% surge.
Bitcoin Accelerates the Development of Renewable Energy for Bitcoin Mining
The use of volcano power to mine Bitcoin (BTC) in El Salvador was propelling the leading cryptocurrency’s quest to accelerate renewable energy development.
Marathon Digital CEO Urges to Incentivize Bitcoin Miners for Embracing Renewable Energy
Fred Thiel, the CEO of Bitcoin mining firm Marathon Digital, has called on the Federal Government to incentivize miners for embracing renewable energy options to mine their cryptocurrencies.
Grayscale Files for Three New Crypto ETFs
Grayscale Investments has filed a registration statement with the SEC for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF. Grayscale also announced the launch of its Grayscale Funds Trust to manage its publicly traded financial products in-house.
US GDP Shrunk by 0.9% in Q2, Implications for the Crypto Industry
The Gross Domestic Product (GDP) in the US shrunk by 0.9% in Q2. Would the crypto space be dragged by inflation or even recession in these financial activities?
Former CEO of Hong Kong Listed Company Joins Worldmoney as Shareholder
Worldmoney Financial Blockchain Co., Ltd, the parent company of Blockchain.News, announced the addition of Mr. Chau Cheuk Wah as company shareholder.
El Salvador Lawmakers Passes $150M Bitcoin Trust Fund into Law
El Salvador parliament has passed the Bitcoin Trust Fund proposal into law.
Bitcoin is Now Worth More Than Warren Buffett’s Berkshire Hathaway with a Market Value of $540 Billion
The price surge past $29,000 has made BTC worth more valuable than Warren Buffett's Berkshire Hathaway.
Mastercard Files for 15 Crypto & Metaverse Related Trademarks
Mastercard has filed for 15 trademarks related to NFTs, crypto and metaverse.
Bitcoin Mining is a 'Net Plus' for the Environment: US Senator Ted Cruz
United States Senator, Ted Cruz has showered accolades on Bitcoin mining as a venture, taking a very divergent view from major critics who believe Bitcoin mining is damaging to the environment.
Bitcoin’s Realized Price Hit a New All-Time High, Three Factors that Currently Influence BTC Price
The world’s largest cryptocurrency has seen a massive bull run in the past few weeks, surging past its crucial level above $18k.
a16z Continues to Deposit Maker (MKR) to Coinbase
a16z deposits more MKR to Coinbase, now holding $6M in MKR. An unidentified whale also moved $4.85M MKR to Binance.
Gold Price Hits New Six-Year High But Fake Bars May Benefit Bitcoin
There seems to be no slowing down behind the sentiments driving the Increase in the price of the precious metal. Recently Goldbug Peter Schiff has been seen to be making headlines on the news, shilling his baby and expressing his admiration for his virtue of hedging against Central Banks.
CoinShares Launches Ripple ETP
CoinShares, Europe’s largest digital asset manager with over $5 billion in assets under management, has released a Ripple ETP.
Cryptocurrency Has No Inherent Worth, But Creates Trading Opportunities for Businesses, Says Man Group CEO
Luke Ellis, the CEO of Man Group, admitted that cryptocurrencies have no inherent value, but their volatility makes them good trading instruments.
Regulator Offers Conditional Approval to SoFi Bank, despite Crypto Asset Activities
American online personal finance company Social Finance has obtained conditional approval from the Office of the Comptroller of the Currency to establish SoFi Bank, National Association.
Top 10 Cryptocurrency Price Watchlist: Why Are Cryptos Bearish Today?
The top 10 cryptocurrencies are seeing a bearish correction in price as led by Bitcoin, and Ethereum
New Bitcoin Tax Plan Stifles Blockchain Technology
After a fierce debate exploded over how to tax cryptocurrency, a bid to pass an infrastructure bill worth approximately $1 trillion has stalled in the US senate.
Colombian Ministry of Information Technology Prioritize Public Sector Blockchain and Crypto Payment Solutions
The Colombian Ministry of Information Technology and Communications (MinTIC) believes blockchain and DLT solutions could benefit its public sector.
Binance Enables Support for Naira, But is Cryptocurrency Legal in Yet in Nigeria?
Binance, one of the top cryptocurrency exchange has opened support for the Nigerian National currency (Naira) on its trading platform.
Hong Kong's MaiCapital Wins SFC Approval to Fully Manage Virtual Asset Portfolios
Hong Kong's MaiCapital Limited announced that it has secured approval from the Hong Kong Securities and Futures Commission (SFC) to fully manage virtual assets portfolios.
Coinbase Introduces PayID and Premium Services for Aussie Retail Customers
Coinbase offers three new services for Aussie clients. One of these features would allow customers to use PayID as a way to top up their accounts with Australian Dollar transfers.
Animoca Brands' Japanese Unit Raises $45m
Animoca Brands' Japanese unit raised $45 million in financing at a $500 million pre-money valuation.
Crowd Sentiment Towards Bitcoin Hit Historic Lows as BTC Addresses in Profit Reach a Monthly Low
On-chain metrics provider Santiment acknowledged that FUD (fear, doubt, and uncertainty) has made crowd sentiment towards BTC sink to historic lows.
Puerto Rico to Become a Prefered Destination for Crypto Investors, Establishing Friendly Taxation and Island Lifestyle
Under Act 60 or the Individual Investors Act, non-Puerto Rican residents get exempted from paying capital gains for investments realized, and this is one of the factors attracting crypto investors.
UK Financial Watchdog Increased Crypto Investigations by 74% in 2019
The Financial Conduct Authority (FCA), the primary financial regulatory body in the United Kingdom, has seen a sharp rise of 74% in crypto-related investigations in 2019.
Michael Saylor Believes Bitcoin is the Solution to the Lebanon's Financial Crisis
Bitcoin bull, Michael Saylor is optimistic BTC can solve Lebanon's economic and monetary woes
US Department of Justice Works with International Agencies to Crack Down NetWalker Ransomware
The US Department of Justice has led international efforts that have seen half a million dollars in cryptocurrency seized from the NetWalker ransomware group.
DOGE Slightly Increases after Elon Musk Supports Dogecoin's Proposed Changes
The price of dogecoin (DOGE) experienced a slight increase from $0.242 to $0.266 after Tesla CEO founder Elon Musk tweeted and supported an update to the proposed average transaction fee for dogecoin.
Bitcoin’s Hashrate Edges Closer to the 30-Day Moving Average, Suggesting a Bullish Crossover
Bitcoin miners seem to be on the right footing as the hashrate is on an upward trajectory after nosediving by more than 50%.
Sofi Launches Into Cryptocurrency Trading with Sofi Trading
The existence and relevance of Bitcoin and other cryptocurrencies have stirred interest from different businesses across various sectors. This is accompanied by the launch of Sofi's exchange platform which offers to make the process of trading more seamless
Hong Kong Blockchain Ecosystem Feb 2020 - New Members
Hong Kong Blockchain Ecosystem Feb 2020 - New Members
How Likely Will Bitcoin's Price Decouple from the Stock Market?
In times of economic uncertainty, Bitcoin has strongly correlated with the stock market.
The US SEC Asks Valkyrie to Withdrawal Its Leveraged Bitcoin Futures ETF
The move by the US SEC shows that the regulator would not approve leveraged Bitcoin ETF applications. Valkyrie recently applied to offer a leveraged Bitcoin futures ETF to investors.
El Salvador Delays the Issuance of Bitcoin Bonds
El Salvador will delay the issuance of bitcoin bonds originally scheduled for March 15-20, possibly until September, according to Reuters.
Will Facebook Ever Be Able to Launch Libra?
In recent speculation, Facebook has acknowledged that there are several regulatory issues that are preventing the progress of launching Libra globally.
Ether Soars to All-time-high Above $4.4K, Gains Reach up to 3.5%
Ether soared to a record to all-time-high above $4,400, gaining as much as 3.5% to $4,403.93, topping the previous record of $4,379.62 reached in May.
wBTC Supply Hits 9-Month Low After Major Burn
The supply of wrapped Bitcoin (wBTC) has hit its lowest point since May 2021 following a significant burn of 11,500 wBTC linked to Celsius. The current total supply of wBTC stands at 164,396, with a monthly growth rate of -7.39%. wBTC is an ERC-20 token that mirrors the value of Bitcoin and is pegged 1:1 with its price. It is managed by the decentralized autonomous organization wBTC DAO.
Is Bitcoin Going To Experience Its Biggest Weekly Loss Of 2019 This Week?
For the first time in over six months, Bitcoin’s acceptance has been below key support. Yesterday, the prices plummeted below a four-month low of $7800 and this phase of price volatility lingers.
Hong Kong-based Startup Animoca Brands Increases Shares in Kikitrade to Deepen Partnership
Following Kikitrade's plan to widen its participation in the blockchain gaming and non-fungible token market, Hong Kong-based startup firm Animoca Brands has increased its shareholding to become the second-largest shareholder.
Glassnode Acquires Crypto Portfolio Tracking Tax Platform Accointing.Com
Leading crypto market intelligence provider Glassnode has acquired crypto portfolio tracking tax Platform Accointing.Com to allow users to track their portfolios in one place.
New MacOS Malware Hijacks Crypto Wallets Via Pirated Apps
Kaspersky Labs discovers a new malware targeting macOS users via pirated apps, replacing legitimate Bitcoin and Exodus wallets with infected versions, highlighting the risks of downloading unauthorized software.
CipherTrace Life Hack for Criminal Investigations: How to Know if Cryptocurrency Was Utilized
CipherTrace blockchain analytics firm has revealed guidelines that could help law enforcement identify that cryptocurrency was used for illicit activities.
Quiznos Testing Payment Feature to Allow Customers Pay in Bitcoins
Quiznos chain of restaurants will accept Bitcoin starting mid-August.
United States Moves Forward With Crypto Regulation
Two new crypto-related bills were discussed among the House Agriculture Committee this week as the United States moves forward with crypto regulation.
ChatGPT Founder's Worldcoin Sees Unprecedented Growth in Spain with AI Boom
Spain has become Worldcoin's biggest operating market in Europe, according to a recent tweet of Worldcoin. The tweet claimed that more than 20,000 individuals join up for World ID, Worldcoin's proof-of-personhood mechanism that protects anonymity, each month.
Bitcoin Transaction Volume Hits a Monthly Low as Consolidation Continues
Bitcoin has found itself in a consolidation state based on low transaction volume.
Cryptex Finance to Launch NFT Index Token JPEGz in Q4
Cryptex Finance is set to launch a new JPEGz token powered by Chainlink and Coinbase Cloud.
Bitcoin Lightning Network Hits ATH, Signalling Heightened Grounds for Adoption
The Bitcoin Lightning Network continues going through the roof by making historic highs.
Crypto Firm Elwood Technologies Raises $70M in Series A Round
American investment banking giant, Goldman Sachs, and Barclays invest in global fintech crypto company Elwood Technologies. The company is valued at up to $500 million after the financing, according to the report from Financial Times.
COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency
Publicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.
Ark Invest continues to buy Coinbase shares
Ark Invest has invested roughly $30 million on Coinbase stock in 2023 while selling Grayscale Bitcoin Trust.
Chainalysis Launches Program to Help Law Enforcement with Monitoring and Storing Seized Crypto Assets
Chainalysis has launched an asset realization program intended to assist government agencies with monitoring and storing seized crypto assets.
PSV Eindhoven Secures Sponsorship Deal with Total Payments to be Made in Bitcoin
PSV Eindhoven has inked a new sponsorship deal with the total amount to be paid through Bitcoin.
Luna Foundation Says Plans to Repay Terra Investors Thwarted by Litigation Woes
The plans to compensate affected Terra users is still far from reality.
How Blockchain Is Creating 5 Fintech Disruption Opportunities
Fintech blockchain acquisition is not only about testing and watching. It’s also about proactively taking action and applying the technology.
Will Bitcoin Ever Get Widespread Adoption in the iGaming Industry?
Bitcoin is now over a decade old, although it has only been known and talked about among the general public for the last few years. During the Bitcoin boom of late 2017, we saw endless reports of the ever-growing value of the token and much speculation of how it would continue to rise to tremendously as time goes on.
New York Times Square Billboard Demands Release of Silk Road Darknet Drug Trafficker
A billboard in Times Square has been hired by the ‘Free Ross’ movement as part of a campaign to release the Ross Ulbricht, founder of the Silk Road drug trafficking marketplace on the darknet.
HDAO soared +1469% immediately after listing!
Earlier, the most influential Hong Kong Digital Asset Exchange HKD.com launched its platform token HKD.com DAO (HDAO), sold out in 5 seconds.
Sushi Launches on Filecoin, Expanding Decentralized Exchange Services
Sushi, a prominent decentralized exchange, is now integrated on Filecoin, enhancing its cross-chain capabilities and launching a special NFT to commemorate the collaboration.
Bitcoin Investors Buying at the Dip Declines, Signaling a Potential Upward Momentum
Analysts acknowledged Bitcoin traders were on a go-slow as they were not buying the dip. Still, this doubt and disinterest was a positive sign of an upcoming turnaround.
5 Places to Learn About Crypto Investing
While there is certainly an aspect of the ‘gold rush’ mentality to the current crypto buzz and surging market caps, it is undeniable that we have passed a legitimate turning point in the history of this revolutionary technology and asset class.
BTCS Crypto Portfolio Expands Over 280% in Q2 2020 Amid COVID-19 Pandemic
While many institutions struggled to recover from the market downturn experienced in March, publicly-traded, blockchain-focused firm BTCS Inc. (OTCQB: BTCS) has increased its portfolio by 285 percent in Q2 2020, through well-timed investments in both bitcoin (BTC) and ether (ETH), and crossed the $1 million mark for cryptocurrency assets under management (AUM).
Integration of Credit Card with Digital Currencies, Bringing Crypto from Hype to Mainstream
Financial giants MasterCard and Visa are expanding at a fast pace and beginning to explore Bitcoin and other cryptocurrencies.
India Should Ban Cryptocurrencies, Says RBI Deputy
India should ban cryptocurrencies as they are related to Ponzi schemes or worse and they pose a threat to financial and macroeconomic stability, a deputy governor at the Reserve Bank of India (RBI) said.
Bitcoin Price Surge Fueled by a Wave of Institutional Money but BTC Whales Flash Warning Signs
As Bitcoin has witnessed yet another record high, its rally is most likely fueled by the institutional adoption in the recent months and days.
Crypto Exchange Bybit and E-sports Organization Astralis Reach a Three-year Cooperation Agreement
The cryptocurrency exchange Bybit announced a three-year cooperation agreement with the e-sports organization Astralis, aiming to expand the connection of cryptocurrency in the e-sports industry.
Bloconomic Expo: Bridging the Gap Between the Malaysian Government and Global Investors
Kuala Lumpur: Bloconomic Expo 2019 is set to be the biggest blockchain event in Malaysia with over 3000 attendees coming from around the world including investors, venture capitalist and tech enthusiasts.
Canadian Bitcoin ETFs Face Outflows as Investors Pivot to US Funds
nvestors are shifting from Canadian Bitcoin ETFs to US-based counterparts, with the Purpose Bitcoin ETF witnessing a significant reduction in holdings.
Honduras Establishes Bitcoin Valley in Santa Lucia to Boost Crypto Opportunities
Honduras has entered the cryptocurrency trend after launching “Bitcoin Valley” in Santa Lucia meant to spur more opportunities in the digital asset space.
Joe Biden Considers Crypto-Friendly Former CFTC Chair Gary Gensler For Deputy Treasury Secretary
President-elect Joe Biden is considering Gary Gensler, the former Commodity Futures Trading Commission chairman, to become Deputy Treasury Secretary.
CoinGecko Hit by Phishing Scam
CoinGecko, a cryptocurrency data aggregator, experienced a security breach in January 2024, exposing its vulnerability to phishing scams and highlighting the need for robust security measures.
MicroStrategy Buys Additional $10M Worth of Bitcoin
Not minding the losses accrued thus far, MicroStrategy Incorporated has continued to buy the dip, the latest of which is 480 units of Bitcoin (BTC) worth approximately $10 million.
Maker’s Dai Stablecoin Could Reach $2 Billion in Market Cap by the End of 2021—Here’s Why
Messari boldly suggests that after Dai’s market cap surged by 15x this year, due to DeFi, the stablecoin’s market cap could double by the end of next year
OKEx Delves Deeper Into Indian Crypto Space with CoinDCX Partnership
OKEx, a leading Malta-based crypto exchange, has shown its resilience to penetrate the Indian crypto market despite the roaming uncertainties based on its partnership with CoinDCX, the nation’s biggest crypto trading platform.
Arkansas passes Bitcoin mining regulation bill
Arkansas has passed a bill to regulate Bitcoin mining activity in the state, protecting miners from discriminatory regulations and taxes. Digital asset miners must pay applicable taxes and operate without causing stress to public utility generation capabilities. The move follows a similar initiative in Montana and New York's proof-of-work mining moratorium.
CoinFLEX Announces Restructuring Proposal, Allocating 65% Shares to Creditors
CoinFLEX said that creditors will own 65% of the company. While, the company's team will be allocated 15% of the remaining shares, to vest over time in an employee share option program (ESOP).
ISIS Is Not Hoarding $300M in Bitcoin War-Chest, Reports Chainalysis
Over the past week, the comments of a counter-terrorism think tank Director have indicated that ISIS has been using cryptocurrency platforms to conceal donations and bypass financial security measures and could be hoarding close to 300 million in Bitcoin. Experts initially made the revelation after identifying an increase in advertising for donations. However, a recent report from Chainalysis suggests that there is no evidence of ISIS's 300million BTC war-chest.
Bitcoin Sinks to $18.5K Due to Regulatory, Interest Hike Concerns
Bitcoin fell to a three-month low as cryptocurrencies took a dip ahead of global monetary tightening concerns and amid regulatory concerns.
BlackRock Bitcoin Private Trust to Be Benchmarked by Kraken's CF Benchmarks Bitcoin Index
The world’s largest investment management firm BlackRock's Bitcoin Private Trust, will use the Kraken subsidiary CF Benchmarks Bitcoin Index as a benchmark for issuance, The Block reported.
LandX Achieves Carbon Neutrality with KlimaDAO
LandX, an upcoming DeFi protocol on Ethereum, is announcing a new partnership with KlimaDAO. LandX is joining the Klima Infinity program, which enables organizations to retire tokenized carbon credits and verifiably demonstrate that they have offset their carbon footprint. LandX is an agricultural commodity bond protocol bringing real-world production and yield to DeFi markets.
Financial Stability on The Brink of Instability Due to Bigtech Companies
FSB Worries that the development of BigTech Companies and their growing user community may cause the disintegration of banks amongst other mainstream financial systems.
Bitcoin Wallet Addresses At All Time High As Bitcoin Network Experiences Third Halving
New data from Glassnode reveals that the number of Bitcoin addresses containing less than 1 BTC has more than doubled since the second halving in July 2016, with wallets containing less than 0.1 BTC showing the highest increase.
Mirana Ventures Invests $8 Million in Toncoin (TON)
Mirana Ventures has launched a long-term partnership with TON Foundation, investing $8 million in Toncoin to drive mass adoption of token-governed technologies and collaborate with other blockchains.
Bitcoin May Tumble to $10K, Study Shows
According to Bloomberg, the latest survey by Bloomberg MLIV Pulse shows that Bitcoin may be heading towards the $10,000 mark.=
14,000 BTC Transferred as Record High since 2021 due to 'Miner Capitulation'
According to data from blockchain analytics firm CryptoQuant, bitcoin miners have transferred 14,000 bitcoins over the past few weeks, the highest number of bitcoins sold since January 2021.
Invictus Capital continues to offer exceptional returns despite the volatility in the markets
Invictus’ assets under management (AUM) blew past expectations, growing by 29.46% to $145 million over June.
Bitcoin Hash Rate Spikes to All-Time Highs
Bitcoin's hash rate has hit all-time highs of 398 terahashes per second (TH/s) on March 23, with analysts suggesting miners are turning on their rigs as BTC's price rises. The increase in hash rate is attributed to unused mining inventory coming online and entrepreneurs finding cheap sources of mining. While some have speculated that lower prices forced miners to shut down their rigs, others believe that attractively priced hardware is being bought up by well-capitalized miners.
City of Niagara Falls Forces Blockfusion Bitcoin Miner to Shut Down Operations
In Canada, the city of Niagara Falls claims that Blockfusion Bitcoin miner violates local laws and produces environmental disturbances.
Federally Chartered US Bank, Vast Bank Now Offers Crypto to its Customers
Vast Bank, a Federally Chartered Bank in the US now has permission to offer crypto buying and selling to customers.
Bitcoin Experiences the Second-Largest Drop in Mining Difficulty in History
The latest Bitcoin mining difficulty adjustment has experienced a major decline of 16%, representing the largest drop since late 2012.
Nigeria Takes the Highest Bitcoin Optimism Levels at 60%, Survey Reads
Since knowledge feeds optimism and participation, Nigeria emerged as the top nation with the highest rates of optimism about Bitcoin’s future at 60%, according to a study by Jack Dorsey-owned Block, Inc.
Over $37Bn worth of Crypto Sent to NFT-related Smart Contracts in First 4 Months: Chainalysis
The volume of Non-Fungible Tokens (NFTs) transactions turned to stabilise in 2022 after explosive growth in 2021, according to the latest report from Chainalysis.
Ethereum Outperformed Bitcoin Since June Bottom, Up by Nearly 100%
Ethereum (ETH) has scaled heights more than Bitcoin (BTC) since they both hit 2-year lows in June.
Decentraland's Virtual Land Sells for a Record Value of $2.4m in Mana tokens
A piece of virtual real estate in Decentraland was sold for a record value of $2.4 million in cryptocurrency, according to Reuters.
Goldman Sachs Starts Trading Bitcoin Futures, Taps Galaxy Digital as Liquidity Provider
Goldman Sachs has partnered with Galax Digital to help the US investment bank offer Bitcoin futures products.
Brad Garlinghouse Stated that Ripple does not Lag behind Bitcoin's Energy Usage FUD
Ripple CEO Brad Garlinghouse recently responded to allegations related to the company's role in spreading the fear, uncertainty, and doubt (FUD) of Bitcoin's energy use.
Spain To Draft New Bill That Will Enforce Full Crypto Holding Disclosure From Citizens
Spain is drafting a bill that will make it mandatory for crypto asset holders to disclose the value of their assets for tax purposes.
Pepe Coin Telegram Account Hacked
PepeCoin's Telegram account has been compromised, allowing unauthorized access under the handle "lordkeklol". The account is being used to promote fraudulent schemes and introduce other coins without team affiliation. PepeCoin encourages community reporting as a fake account for swift removal and secure channel.
May 7: The Traders' War... New vs Seasoned...
Bitcoin is now up close to 3% past 24 hours as it spiked through $9400 for a bit even as U.S. equities traded poorly, leaving me with the thesis that BTC is starting to break away from moving in lockstep with S&P 500 until and after the havling event. In fact, the 1-year rolling correlation between Gold and Bitcoin is nearing all-time high, so we could start seeing it behave more like Digital Gold.
Bitcoin and Ethereum Bounce 3% After Liquidating Over $160 Million
Bitcoin's price dropped to $24,900 due to bearish sentiment and news, leading to over $160 million liquidation. However, a bullish RSI divergence boosted Bitcoin's rebound by over 3%.
Cyberport’s flagship VC event returns to guide investors and entrepreneurs in the new normal of tech venturing
Cyberport Venture Capital Forum (CVCF), Cyberport’s annual tech investment event, will return on 3-4 November. This year’s event will be held in a virtual and interactive format for the first time, covering how the tech venture ecosystem has been reshaped under the new normal for investors, enterprises and technopreneurs. The two-day virtual forum will gather more than 50 global venture capital (VC) experts to examine key silver linings through a plethora of illuminating keynotes and panel discussions. Furthermore, over 80 virtual booths will be set up for start-ups to showcase innovative tech solutions as part of a comprehensive platform to connect start-ups with investors for power pitching and provide extensive opportunities to explore tech venturing dynamics.
KuCoin's Emphasis on Self-Regulation and User Security Highlighted at TOKEN2049
Alicia Kao, KuCoin's Managing Director, discussed the challenges and opportunities of cryptocurrency exchanges during the TOKEN2049 panel. She highlighted the importance of self-regulation and KuCoin's strict security protocols. KuCoin, a leading global exchange, has a user base of 29 million and endorses over 750 projects. The panel provided valuable insights into the crypto industry's future direction.
Justin Sun: Tron Network is Holding 3000 Bitcoin
Tron network, a blockchain-based decentralized operating system, is hosting 3,000 Bitcoin (BTC) configured as BTCTRON, according to its CEO and founder Justin Sun.
Bitcoin Miner Integrated Ventures Sees Decline in Annual Revenue Despite Higher BTC Production
Integrated Ventures Inc. reported a yearly mining revenue of $3,862,849, despite an increase in Bitcoin production to 162.71 BTC in 2023 from 108.29 BTC in 2022. The dip in revenue is attributed to the declining cryptocurrency market with the average dollar value of mined Bitcoin dropping significantly.
Brazil’s Securities Market Regulator Targets Mercado Bitcoin over Token Sale
Brazil's regulator has ordered Mercado Bitcoin, the largest local crypto exchange, to provide information on fixed-income tokens the exchange has issued over the last two years.
Russian Civil Servants Required to Declare Crypto Holdings Beginning in 2021
Russia’s public officials will be obligated to declare all their private cryptocurrency and digital asset holdings, effective from the start of 2021.
US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval
US Bitcoin Corp has secured court approval for its merger with Hut 8 Mining Corp, marking a significant step towards managing its assets and listing on Nasdaq and the Toronto Stock Exchange.
Stablecoins Pose Risks to Financial Stability: Yellen
The instability of the UST stablecoin has pushed the United States Treasury Secretary, Janet Yellen, to advocate for introducing a tighter regulatory framework to govern the entire stablecoin offshoot of the crypto ecosystem.
FTX Continues to Move Funds Amid Ongoing Investigations
Addresses associated with FTX and its subsidiary, Alameda Research, have reportedly transferred $145 million in stablecoins to various platforms, as the cryptocurrency exchange faces demands to return funds to different groups of investors amid ongoing investigations and lawsuits.
Billionaire Steve Cohen Removes Investment from Crypto Startup Radkl
Billionaire Steve Cohen has removed his investment from cryptocurrency trading startup Radkl.
Roger Ver Owes CoinFlex $47 Million in USDC, Says CEO
CoinFlex CEO Mark Lamb has revealed through a Twitter thread that crypto investor Roger Ver owes the company $47 million in USDC.
Coindesk May Be Sold as Parent Company DCG Struggles
CoinDesk may sell. Digital Currency Group (DCG), its parent firm, looks to be struggling financially. DCG has received many bids over $200 million for the media group in recent months.
Tether Launches Stablecoin Backed by Offshore Chinese Yuan
Reported in late August, Tether had made plans to add a new stablecoin pegged to the Chinese Yuan, named “CNHT.”
NFT Marketplace Blur Raises $11m in Seed Fund
NFT marketplace Blur stated that it has raised $11 million in new seed funding led by venture capital firm Paradigm.
US Investment Giant Charles Schwab Not Interested in Direct Trade of Crypto
Charles Schwab the US-based brokerage giant, which manages over $3.2 trillion in assets, are dismissing cryptocurrencies for the time being. This decision comes in spite of their competitors ‘Fidelity’ rushing to embrace this new market.
Core Scientific Partners with Foundry in Financing Deal up to $23 Million
The financing from Foundry will enable Core Scientific and its clients to continue shifting global mining operations to North America
Morgan Stanley Buys Up To $40 Million Worth of Grayscale Bitcoin Trust Shares
Morgan Stanley recently bought more shares in Grayscale Bitcoin Trust to expand its allocation in Bitcoin investment. The move indicates a continued and ever-increasing position in crypto-related assets.
ZeroSync to Bring ZK-Proofs to Expedite Bitcoin Validation
Swiss-based nonprofit, ZeroSync Association, is developing open-source tooling that enables users to validate the state of the Bitcoin network using zero-knowledge proofs (ZK-proofs) without downloading the entire blockchain. ZeroSync uses StarkWare's proprietary Zero-Knowledge Scalable Transparent Argument of Knowledge (zk-STARK) validity proofs to generate succinct ZK-proofs for the Bitcoin blockchain, promising to overhaul the process of verifying the Bitcoin blockchain, which still requires node operators to download a large amount of data to synchronize the correct state of the Bitcoin network.
Coinbase to Taper Down its Hiring Plans amidst Unfavorable Market
Nasdaq-listed cryptocurrency exchange, Coinbase Global Inc, is tapering down its plans to hire more staff this year as current market realities do not permit it.
The UK is a step closer to launching a central bank digital currency
The Bank of England thinks crypto stablecoins and a central-bank-issued "digital pound" might coexist.
Theta Makes Its Way to Top 10 Crypto by Market Cap
Theta is now ranked among the top ten cryptocurrencies by market capitalization, occupying the ninth spot.
Silvergate Bank Unaffected by Crypto Market Fall: Growth QTD Report
Silvergate Bank, a division of Silvergate Capital Corp, which provides financial services to entities in the digital currency ecosystem, has come off as one of the most impressive crypto-linked stocks in the Quarter-to-Date (QTD) period.
The Girles Token Project Successfully Raised Over $1.2 Million In Presale
Girles Token is a decentralized NFT GameFi token created on the Ethereum platform, which is available for presale right now for every investor. Early-stage investors have more attractive terms of up to 200% than later-stage inventors. Girles Token is the main product of Girles Metaverse, which consists of NFT Metaverse, P2E Alliance, and Staking Contracts.
AAG, Formerly AAG Ventures, Doubles Down on Metaverse Bet Amid Strategic Rebrand
AAG Ventures, the web3 infrastructure company, is expanding its bet on the Metaverse after a successful year of providing value to underprivileged people who used AAG to benefit from the Play2Earn revolution.
Winklevoss Sees US Stimulus Negotiation Fail as a “Wakeup Call And an Endorsement of Bitcoin”
Bitcoin billionaire Cameron Winklevoss thinks that this is the perfect opportunity to invest in Bitcoin, as the dollar keep depreciating and US politicians are unable to reach a consensus on a stimulus package budget.
Is Ripple XRP Gaining Ground on Bitcoin in 2020?
Ripple’s XRP has been trending lately, and its one-year price gains this year have topped that of Bitcoin.
Raoul Paul Hails Crypto Industry, Calls it "Anti-Fragile Financial System."
The crypto market collapsed significantly but bounced back on its own, gaining praises from Raoul Paul.
Investment Fraudsters Sentenced to Over Six Years for Telecoin Crypto Scam
Two fraudsters, Ross Jay and Michael Freckleton, were sentenced to over six years for a £500,000 scam involving a fictitious cryptocurrency "Telecoin."
Roole Locates Stolen Vehicles Globally via Nodle Network’s On-Chain Services
Vehicle theft is a common concern in Europe and Roole, a French automobile club, announced today their partnership with Nodle to help car owners trace and recover their cars. Nodle is a decentralized network of smartphones that work together to locate and connect smart objects, such as Bluetooth tags embedded within vehicles. Nodle users are rewarded with the NODL cryptocurrency in exchange for helping grow the mobile network and locating stolen vehicles.
15,000 Bitcoins Transferred to Exchange Wallets Caught in Action: What Does This Mean for the Market?
According to the tweet shared by Whale Alert, in the last 24 hours, there have been transactions of 15,000 Bitcoins worth $99,702,423 from unknown wallets to different exchange wallets like Binance, OKEx, Coinbase, and Phoenix.
DoJ Charges BitClub Promoter for Role in $722 Million Crypto Fraud Scheme
A Californian man pleaded guilty for his involvement in perpetrating BitClub Network, a cryptocurrency mining scheme that generated at least $722 million.
Coinbase Discontinues Plans to Launch Cryptocurrency Lending Product Following SEC’s Warning
Ongoing regulatory pressure has pushed Coinbase to scrap plans for a cryptocurrency lending product.
South Carolina to Play Home for Greenidge's 175 Acre Crypto Mining Farm
Nasdaq-listed Greenidge Holdings has announced its plans to establish a new data center for mining cryptocurrencies in Spartanburg County, South Carolina State.
Deutsche Bank Ignored Suspicious Activity of Child Sex Trafficker Jeffrey Epstein, Bitcoin Community Screams Hypocrisy
The NY State Department of Financial Services has slapped Deutsche Bank with a $150 million dollar fine, Bitcoin Community has been quick to call out the institutional bank’s shortcomings in funding international sex trafficker Jeffrey Epstein.
Coinbase CEO Warns Exiting President Trump May Drop Crypto Wallet Regulation Bomb
Coinbase CEO Brian Armstrong shared rumors that the Trump Administration may rush crypto wallet regulations on traders with privacy-invading data-collection requirements.
Another Major Crypto Hack as $100M BNB Stolen
Roughly $100 million of Binance Coin was stolen after an exploit occurred on a bridge between blockchains.
CoinFlex Issues New Token by Offering 20% Annual Return amid Halting Withdrawals
CoinFlex has announced plans to raise funds by issuing a new token that will offer a 20% annual return while the exchange is still halting their withdrawals service, according to a report from Bloomberg.
Robinhood's Top Crypto Executive Announces Departure
Crypto executive Christine Brown, who was overseeing Robinhood's cryptocurrency initiatives, is leaving the brokerage firm, she confirmed via her Twitter account.
Bitcoin Is Good for Elon Musk but It May Not be for All Investors, Says Bill Gates
Bill Gates has been probed about Bitcoin and his views regarding the digital asset since the cryptocurrency has been the talk of Wall Street recently.
Japan's FSA Joins MAS' "Project Guardian" as First Overseas Regulator
The Financial Services Authority (FSA) of Japan has announced its participation in the Monetary Authority of Singapore's (MAS) "Project Guardian" initiative. This collaborative project, which was established by MAS in May 2022, aims to explore the feasibility of applying digital technologies to various asset classes while ensuring financial stability and integrity.
Bitcoin’s Bullish Rally Comes to an End as Bond Yields Surge and Risk Assets Experience Global Sell-Off
After hitting a high of $58,300 over the weekend, things have turned for the worse as Bitcoin (BTC) has plunged by more than 20% this week.
Bitcoin ETF Approval Expected to Propel Market Influx
The fervor surrounding a US-regulated spot Bitcoin ETF is palpable, with its approval expected to significantly bolster Bitcoin's market adoption. Addressing the current inefficiencies in Bitcoin investment, a spot ETF promises cost efficiency, enhanced liquidity, ease of access, and regulatory compliance. The formal recognition by regulators and established financial brands could further fuel Bitcoin's market acceptance. The estimations indicate a substantial market influx post ETF approval, not just within the US but potentially extending to global markets, laying the groundwork for a robust 2024 for Bitcoin, as per the analysis by Charles Yu of Galaxy.
Binance sees surge in withdrawals amid spooked investors
Investors have pulled billions from Binance in the past day due to US Securities and Exchange Commission and New York Department of Financial Services action against BUSD and Paxos.
Bitcoin in 2021: From All-Time High to Where?
A few months ago, the idea of Bitcoin surpassing its all-time high (ATH) was not particularly outlandish. A week after, it hit $40K. Nothing, it seemed, would be the same again.
Venezuela to Offer Christmas Bonus in Petro Coin to Retirees and Pensioners
Since the launch of Petro, Venezuela's cryptocurrency in February 2018, the government has been trying to expand its use case across almost every activity in the country. To this effect, a tweet from a local news outlet, Venepress, claimed that Venezuela Government would give its Christmas bonus to retirees and pensioners in its cryptocurrency, Petro.
Japanese Exchange Liquid Exchange Hacked, $80M Cryptocurrency Assets Transferred for Safety
Online cryptocurrency exchange Liquid Exchange was attacked by hackers and transferred approximately $80 million worth of cryptocurrency, confirmed by the exchange.
Coinhouse Trims 15% Workforce Amid Crypto Sector Challenges
French crypto exchange Coinhouse trims 15% of its staff, mirroring broader sector challenges. The move, announced on October 13, 2023, primarily affects the web 3.0 department, hinting at a strategic shift towards core crypto investment services amidst a bearish market scenario. The company's evolution, from a workforce of 100 to 60 within a year, highlights the cautious recalibration among crypto entities in navigating market and economic uncertainties.
SEC Report Reveals MicroStrategy “May Increase” its Bitcoin Holdings Beyond Initial Purchase of $250 Million
Microstrategy has revealed in its United States Securities and Exchange Commission (SEC) report that it “may increase” its Bitcoin (BTC) holdings.
InvestHK announces core events of extended StartmeupHK Festival 2020
Invest Hong Kong (InvestHK) today (January 20) announced details of next month’s StartmeupHK Festival, its influential annual showcase of what’s new and what’s next in the world of start-ups. Entering its fifth year, the StartmeupHK Festival this year has been extended to six days and features seven core events that will present the latest ideas, trends and innovation to an audience from around the world.
What Global Regulators Think of Libra: The Asia Pacific Edition
Libra, the new cryptocurrency by social media giant Facebook, has generated controversy with lawmakers and regulators globally since its announcement in June of this year. Concerns were mostly revolved around the stablecoin potentially disrupting the global financial system. The scrutiny towards Facebook aims at the fear that the new digital currency could possibly take power away from the governments.
DeSo Blockchain Users Exceeds 1.5 Million, Decentralized Social Token up Nearly 90% within 24 hrs
New type of blockchain designed to power Web 3.0 decentralized social networks. DeSo Blockchain announced that they have created over 1.5 million accounts on their network.
Christie’s Auction House Sells NFT Crypto Art ‘Block 21’ for Over $130K
One of the most prestigious auction houses in the world, Christie’s has sold a digital portrait of the Bitcoin (BTC) code “Block 21” for over $130,000.
The Top 10 Bitcoin Exchanges for Casino Players
Exploring the 10 best Bitcoin exchanges for online casino players, mostly looking for newcomer-friendly sites and a couple of more advanced propositions.
Ankr Unveils Its Biggest Upgrade, Ankr Network 2.0, to Truly Decentralize Web3’s Foundational Layer
Ankr, one of the world’s leading Web3 infrastructure providers, is delighted to introduce Ankr Network 2.0, described in the new whitepaper as a “Decentralized marketplace for Web3 infrastructure.” The upgrade brings a full suite of decentralized products and services that serve as the critical infrastructure behind Web3 growth.
Bitcoin Could Protect Americans Because ‘It Can’t Be Made from Nothing’: Kevin Roberts
The Heritage Foundation President said that Bitcoin can improve the financial security of U.S. citizens, as "Bitcoin is the biggest destructive innovation in a positive sense that can protect the American people."
Tesla CEO Elon Musk Says You Can Now Buy a Tesla With Bitcoin
Elon Musk has revealed that customers can now purchase Tesla cars with Bitcoin as the mode of payment.
The PLA Could Get Blockchained
The Chinese military could benefit from the blockchain, the Global Times reports citing the People’s Liberation Army (PLA) Daily.
What is Bitcoin Ordinals?
Bitcoin Ordinals, introduced in January 2023 by Casey Rodarmor, are a way to inscribe digital content on the Bitcoin blockchain.
DeFiChain Becomes One of the First Blockchains to Fully Integrate Euro Coin, a Euro-backed Stablecoin
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, has announced the debut of the Euro-backed stablecoin Euro Coin (EUROC) on its native blockchain. DeFiChain is one of the first blockchains to fully integrate a Euro-backed stablecoin.
China Declares Bitcoin as Virtual Property with Monetary Value
China has taken a new step with an important legal precedent regarding Bitcoin in a property dispute case in Hangzhou. Read more about how this case affirmed the legal status of Bitcoin as a virtual property with protection under Chinese law.
Despite Interest Rate Hike, Bitcoin is at an Inflection Point - Bloomberg Strategist
As Bitcoin continues ranging between the $29K and $30K zone, the leading cryptocurrency’s inflection point is at $30,000, according to Mike McGlone, the senior commodity strategist at Bloomberg Intelligence.
Coinbase and Binance.US Will Support Flare Network's Spark Token Airdrop, Ripple's XRP Price Could Dip
Crypto exchanges Coinbase and Binance US have lent support for the Flare Network's Spark Token airdrop sending XRP price slightly higher.
Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets
Basel Committee on Banking Supervision publishes paper going over the design for prudential treatment for crypto assets. The paper goes over areas such as risks of crypto-asset exposures, capital, and liquidity requirements, and general considerations for the prudential treatment.
RhinoX Soulbound NFT Launches Roadmap Detailing New ‘Soul Breeding’ Mechanism on Web3
BinaryX, a GameFi development platform, today announced the launch of their official RhinoX roadmap which unlocks new and exciting use cases for soulbound tokens in the Web3 space. The roadmap reveals RhinoX’s ambitious plans to develop a ‘soul breeding’ mechanism that gives existing RhinoX token holders the ability to breed 2nd generation NFTs from their existing NFTs.
MicroStrategy CEO says Tesla has De-Risked BTC Acquisition for Public Companies
MicroStrategy CEO Michael Saylor is thrilled that Elon Musk and Tesla finally took the bet on Bitcoin and believes the other public companies will now ramp up BTC purchases.
Kryptomon to Launch an Exclusive Physital NFT Collection on Binance NFT
The blockchain game Kryptomon, a living-NFT-powered Metaverse project combining Play-and-Earn gaming with nostalgic charm, announced today its official sale on Binance NFT, the NFT marketplace of Binance, the world’s leading blockchain ecosystem, and cryptocurrency infrastructure provider. This launch features one of the world's first “Physital NFT” collections.
Crypto Exchange ZipmexX Resumes Withdrawals for Trade Wallet
ZipmexX, Asia's leading digital asset exchange, said in an announcement Friday that it has resumed withdrawals on Trade Wallet in Thailand, and said it will resume withdrawals in other countries tonight.
SEC in Advanced Talks with Asset Managers for Spot Bitcoin ETF: BlackRock in the Spotlight
The U.S. SEC is in advanced discussions with BlackRock on a spot Bitcoin ETF, marking a significant moment in cryptocurrency's mainstream adoption.
Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption
The reaction of the bitcoin market to the first rate cut from the Federal Reserve since December 2008, during the global financial crisis, is being carefully observed by the crypto community and may eventually reveal the cryptocurrency’s true nature.
Bitcoin Surges Past $28,000 and GBTC Discount Narrows to 17%
Bitcoin's value surged to $28,142 on Binance after Grayscale Investments won a lawsuit against the SEC, converting its Grayscale Bitcoin Trust into an ETF.
Hedge Fund Billionaire Marc Lasry Wishes More Bitcoins To Accumulate
US billionaire hedge fund manager, Marc Lasry, acknowledged that he regrets not purchasing enough Bitcoin in the past. He has predicted that Bitcoin would see adoption growth and an increase in price.
Bitcoin Takes Black Swan Dive With Markets, Cash Still King as Stablecoin Market Caps Surge
The Bitcoin community watched from the edge of their seats as the BTC price briefly sank below to $3,900 before rebounding to between $5,300 and $5,500 in less than 30 minutes this morning.
Africa Records the Largest Bitcoin P2P Volume Growth
Africa continues to stamp its authority in the crypto space based on the significant Bitcoin peer-to-peer volume growth witnessed in the continent.
Bitcoin family Taihuttus Immigrates to Crypto Tax Haven Portugal
According to CNBC’s February 6 report, “Bitcoin family” Taihuttus immigrated to crypto tax haven Portugal due to a 0% tax on cryptocurrencies.
Huobi & BTC.Top Reportedly Suspends Business Operation in China
Cryptocurrency mining operators, including Huobi and BTC.TOP, are reportedly halting their business in mainland China, sources said.
Brazilian SEC Seeks Adjustment to Crypto Regulation
The Brazilian Securities and Exchange Commission (SEC) is pushing for adjustments to the legal framework of the crypto market in the country.
Hong Kong's First Spot Bitcoin ETF Gains Approval, Echoing US SEC's Move
Hong Kong Securities and Futures Commission approves its first spot Bitcoin ETF, following the US SEC's lead, signaling a major milestone for cryptocurrency in mainstream finance.
MicroStrategy CEO Michael Saylor From BTC Skeptic to Bitcoin Maximalism
MicroStrategy's CEO Michael Saylor went from cryptocurrency skeptic to Bitcoin bull in just seven years, but his eyes are for Bitcoin and Bitcoin only.
Ethereum Breaks Past $2,000 for the First Time as DeFi's Total Revenue Hits $800 Million
Ethereum (ETH) is on fire as it continues making record-breaking moves. Ether has broken the record by surging past the $2,000 mark across major exchanges.
Square to Acquires 'Buy Now, Pay Later' Payment Company Afterpay for AU$39B
The digital commercial payment giant Square announced on Sunday to acquire the Australian payment platform Afterpay for 39 billion Australian dollars.
TBD's Block Launches c= to Enhance Bitcoin Lightning Network
TBD, a division of Block, has launched c=, a venture aimed at improving the Bitcoin Lightning Network by providing added liquidity and routing services. The Lightning Network is a layer 2 payment network designed to make Bitcoin more accessible through faster, cheaper, and more reliable transactions.
Facebook Moving Further Away From Libra, But Considering its Own Digital Token System
Facebook is now considering developing a system of digital tokens, pegged to different government-issued currencies including the US dollar and the euro. The new plan will still include Libra, although Libra Association, separately, will continue its work on the stablecoin pegged to a basket of global currencies.
Top Three Altcoins to Watch This Week: DOT, AVAX, and MANA
With a mildly volatile weekend done with, investors are looking forward to another new week in hopes of charting a positive trade history across all markets. Here are three altcoins to watch ahead of the new week.
Walls Street's GameStop Battle With Reddit Page r/wallstreetbet Highlights Need for Decentralized Bitcoin
As the duel between institutional Wall Street short-sellers and members of Reddit group r/WSB rages on, many are noticing the censorship-free nature of Bitcoin and crypto.
Dash NEXT: Fostering Crypto Adoption in Asian Tourism
Felix Mago is the CEO of Dash Thailand, and has been working in the blockchain space since 2014 and one of the driving forces of cryptocurrency adoption in Thailand. He is the author of the “Bitcoin Handbook” and the co-founder of the Dash Embassy Thailand as well as the co-founder of Futerio, a southeast Asia based gateway to blockchain, ICOs, and OTC brokerage.
USDC Holders Panic Sell Amid Solvency Concerns
On March 10, concerns about the solvency of USD Coin (USDC) led several holders to panic sell their holdings and switch to other stablecoins. One user lost over 2 million USDC in a failed attempt to exchange them for Tether (USDT) using KyberSwap's decentralized exchange aggregator. Tron founder Justin Sun reportedly withdrew 82 million USDC and exchanged them for Dai (DAI) using Aave v2, while IOSG Ventures sold 118.73 million USDC for 105.67 million USDT and 2,756 Ether (ETH). The USDC price has since slowly recovered, and Circle, the company behind USDC, disclosed holding $3.3 billion at the Silicon Valley Bank.
UK Court of Appeal Examines Copyright Claims over Bitcoin File Format
UK Court of Appeal reviews Dr. Craig Wright's claim of copyright infringement over the Bitcoin File Format. Wright alleges he is Bitcoin's creator, 'Satoshi Nakamoto'. The case's outcome could impact digital asset copyrights.
Bhutan Embraces Bitcoin Mining with Green Energy
Bhutan, known for its focus on "Gross National Happiness," has been quietly accumulating and mining Bitcoin with the help of its abundant hydroelectric power. The country is negotiating with Bitdeer to expand its mining operations further.
Bitcoin Price Needs to Hold $31,500 to Avoid Deeper BTC Price Plunge says Tone Vays
Should BTC fall below the $31,500 level—crypto analyst Tone Vays believes we could see a deeper price plunge to the mid $20K range.
Intel Releases New Bitcoin Miner Hardware Specifications
Intel released the technical specifications of its Bonanza Mine bitcoin miner hardware, saying that the miner provided greater efficiency than others in the market.
OKEX Suspends Withdrawals Causing a Bitcoin and OKB Token Price Plunge
OKEx has caused a mild selling panic in the crypto markets after suspending withdrawal services to cooperate with an investigation with the BTC price plunging nearly 3%.
Web3.0 Wallet Tracking App Context Raises $19.5m in Seed Funding
Web 3.0 application Context has secured a $19.5 million seed round led by Variant Fund and OpenAI CEO Sam Altman.
Ex-IMF Top Economist Shortlisted to Lead Roxe's CBDC Pursuit
Former IMF economist Andreas Jobst will lead Roxe's CBDC Solutions built to leverage the Bitcoin hashrate.
Chainlink DeFi Token Soars; DeFi Booms, But Poll Indicates Many Still Don’t Understand It
As of now, the decentralized finance (DeFi) industry is valued at $6 billion in value.
Bitcoin Futures Perpetual Funding Rate Turns Positive as BTC Balance on Exchanges Slip to a 3-Year Low
A surge in Bitcoin's price has been instrumental in flipping BTC futures perpetual funding rate positive.
Polkadot (DOT) Becomes the Tenth-Largest Crypto by Market Cap Leading the Altcoin Surge
Polkadot (DOT) has recently become the tenth-largest crypto by market capitalization.
Grayscale AUM up $3.4 Billion in a Week, $500 Million in a Day, GBTC 33% Premium Shows High Bitcoin Demand
Institutional-grade digital asset manager, Grayscale Investments is up $3.4 billion in assets under management (AUM) over the last week, bringing total AUM to $16.4 billion.
Jewellery Provider SFLMaven Rolls Out Bitcoin Payments, Eyeing for Metaverse
SFLMaven, a luxury jewellery and goods provider, has started accepting Bitcoin payments in the real world and the metaverse for high-end vintage jewellery items.
Coinbase Reportedly to Acquire Mercado Bitcoin Owner 2TM
America’s largest trading platform, Coinbase Global Inc, is reportedly on track to acquire 2TM- the Brazilian startup that owns the Mercado Bitcoin cryptocurrency exchange.
Thailand Immigration Services to Implement the Idea of Virtual Visas
Travelling to Thailand may become even more accessible, thanks to blockchain technology. Thai Immigration Officials are in the process of testing out an ‘eVOA’ service for tourists entering the country. As a result, physical copies of travel documents may no longer be necessary.
Chamber of Digital Commerce argues the SEC is overstepping its authority
The Chamber of Digital Commerce submitted an amicus brief asking the SEC to drop its case against former Coinbase employee Ishan Wahi for insider trading, alleging that the agency is trying to classify secondary market transactions as securities.
Questions Regarding Whether Bitcoin Will Hit $100,000 in 2022 Still Hangs
Analysts state that many factors will potentially determine whether Bitcoin follows its 60% gain in 2021 with another banner year.
Alex Gladstein Fights Government Corruption
Human Rights Foundation CSO Alex Gladstein thinks Bitcoin can improve democracy and combat state corruption by restricting government and institutional authority.
Tencent to Offer Metaverse Business Support in Japan before Feb
Tencent reportedly will launch services for supporting the virtual space "Metaverse" business to Japanese companies before February.
Bitcoin Surges to New ATH of $68,500 with Big Money Emerging as the Largest Catalyst
Bitcoin has scaled to heights not seen in its twelve-year journey by hitting a new all-time high (ATH) of 68,500.
Bitcoin Mining Experiences 8th Consecutive Difficulty Since China’s Ban
Even though miners have found the right footing by relocating to other areas like the United States, the eighth consecutive difficulty is being witnessed.
Matrixport: Bitcoin to Hit $50,000 with Imminent Spot ETF Approval
Matrixport predicts Bitcoin price rise to $50,000 due to Bitcoin Spot ETF approval, institutional investment, and market changes. Long-term target $125,000 based on historical data and positive market dynamics.
Coinbase Faces $5M Penalty from New Jersey Securities Bureau and SEC Charges, Stock Tumbles 20%
The New Jersey Bureau of Securities has issued a Summary Cease and Desist Order against leading cryptocurrency exchange Coinbase, Inc. for allegedly offering unregistered securities tied to its cryptocurrency staking services. The Bureau has further levied a hefty penalty of $5 million against Coinbase.
Bitcoin’s On-Chain Data Shows a Pattern of Accumulation is in Play
The Realized Cap HODL Waves indicator, as availed by Glassnode, illustrates a pattern of accumulation is in play in the BTC market.
Coinbase Crypto Exchange to Launch Bitcoin-Backed Loans to US Clients
Coinbase announced yesterday that it was going to offer Bitcoin-backed loans to their US customers, set to be in effect for fall of this year.
Bitcoin’s Institutionalization Increases 4-Fold to Hit Weekly Average of $1.9T
Since institutional investments started trickling into the Bitcoin (BTC) network, the leading cryptocurrency has prompted exponential growth.
Australian Tax Office Requests Crypto Investors Follow the Rules
The Australia Tax Office wants crypto investors to accurately declare their assets for appropriate taxation.
Proposal for ApeCoin to Move Away from Ethereum Favoured by APE Whales
A campaign of "ETHxit" is ongoing. ApeCoin DAO holders are voting to decide if they should move ApeCoin away from Ethereum to its blockchain or remain on the ETH chain. Currently, the majority goes to "leave".
Bitcoin Plummets to $46K after Tesla Refuses Bitcoin Payments
After Elon Musk's announcement Tesla will no longer be accepting Bitcoin payments due to its environmental footprint, Bitcoin dropped by nearly $10,000.
Coinbase has "Hidden Value" in Venture Investments, Says Oppenheimer Analyst
Oppenheimer analyst Owen Lau believes the company’s shares are grossly undervalued and gave COIN a $377 price target.
SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace
The US Securities and Exchange Commission plans to award CipherTrace blockchain analytics firm with a contract pertaining to Binance Chain.
Bitcoin is Showing Short-Term Weakness, says Crypto Analyst
Crypto analyst Carl Martin has noted that Bitcoin is showing signs of weakness in the short term.
A Dragonfly Researcher Breaks Mimblewimble’s Privacy, Proving That The Model Is Flawed
The esteemed privacy of Grin has been tampered with by a Dragonfly researcher who was able to unearth the real addresses of senders and receivers of up to 96% of transactions carried out in Grin’s blockchain.
Terraform Labs Seeks Citadel Securities' Trading Data amid SEC Lawsuit
Terraform Labs has filed a motion against Citadel Securities seeking critical trading data for its defense in a lawsuit by the SEC. The case revolves around market destabilization allegations during the May 2022 Depeg event of TerraUSD stablecoin. The motion urges disclosure of trading strategies between March and May 2022, amidst indications of Citadel Securities' alleged intentions to short UST. Terraform Labs stresses the documents' importance in countering the SEC's fraud allegations, proposing a transfer to another court for a decision if necessary.
Blockchain and AI: The Delicate Balance Between Two Cyber Titans
Artificial Intelligence and Blockchain. A technological duality with immense potential to disrupt and create a new order. But is mankind playing with fire?
100,000 Bitcoin Options Scheduled to Expire in Two-Days Time, Indicating a Potential Price Plummet to $28,000
Data reveals that 100,000 BTC options are scheduled to expire on crypto exchange Deribit in two days, potentially driving Bitcoin price down to $28,000.
Hong Kong Vending Machines Accept Bitcoin Cash not Bitcoin Boasts Roger Ver
Bitcoin Cash (BCH) advocate Roger Ver recently took to Twitter to highlight a Hong Kong vending machine which accepts BCH and Ether as payment options but not Bitcoin. After asking why BCH was preferred over BTC, Ver was accused by popular YouTube Bitcoin influencer Tone Vays and trader Willy Woo of paying for Bitcoin’s omission.
VanEck To Launch Bitcoin Futures ETF on Cboe Stock Exchange
VanEck is preparing to launch its Bitcoin futures ETF after delays since winning the US Securities and Exchange Commission's (SEC) approval in late Oct.
Filecoin Miner RRMine Global Shuts Down Market in China, Moves HQ to Singapore
Decentralized storage network Filecoin miner RRMine Global announced that it would withdraw from the Chinese mainland market and close its business in mainland China, moving its headquarters to Singapore.
Polkadot’s Treasury Built as a Significant Step Towards the Vision of a Decentralized Internet
Polkadot has recently established a new decentralized platform—Polkadot Treasury, to fund projects.
Chia Network Joins Crypto Lobbying Group Blockchain Association
Chia Network Inc. announced that it has become a member of a Blockchain Association, an industry leader championing the collaboration and innovation necessary to support U.S. leadership in the crypto industry.
Four Reasons Why Filecoin Increased by 430% Within a Month
Filecoin has risen by 89.74% within 7 days and has increased by over 430% since the beginning of March. What are some factors driving Filecoin's surge?
Tokens.com Corp Launches Hulk Labs, Focusing on GamFi and NFT
Toronto-based publicly-traded Blockchain technology company Tokens.com Corp has launched Hulk Labs, a platform focusing on Crypto gamefi and NFT investment.
Institutions See the $46-48K Range as the Perfect Opportunity to Accumulate More Bitcoin
CryptoQuant CEO Ki Young Ju has disclosed that institutions see the $46-48k range as the perfect level to accumulate more Bitcoin.
Ethereum Whales' on Exchanges Continue to Shrink, Addresses with at Least 0.01 ETH Coins Hit ATH
Ethereum whales’ holdings on crypto exchanges are diminishing, suggesting that they are being moved to cold wallets.
Rich Dad Recommends Bitcoin Instead of Real Estate
Robert Kiyosaki, popularly known as Rich Dad, has come out openly to denounce real estate as an investment alternative in support of Bitcoin.
Turkey Leveraging Blockchain to Break US Dollar and SWIFT Dominance
In an effort to break economic ties with the United States and escape the US Dollar dominance of the global markets, Turkey is adopting blockchain and cryptocurrency at a greatly accelerated rate.
Riot Blockchain Generates $79.8m Revenue with YoY Increase of 244%
Riot Blockchain's first-quarter earnings from 2022 showed a new record of total revenue for the quarter. It was up 244% year-over-year to $79.8 million, and its bitcoin production increased year-over-year in the first quarter of 2022 by 186% to 1,405 BTC.
Josh Swihart Becomes CEO of Electric Coin Company (Zcash) as Zooko Wilcox Steps Down
Josh Swihart replaces Zooko Wilcox as CEO of Electric Coin Company, bringing a strong background in technology and product development to drive the growth of Zcash.
Pickle Finance DeFi Protocol Loses $19.7 Million In DAI Stablecoin in “Massive” Hack
Pickle Finance becomes the latest DeFi Protocol to suffer from hacking, losing almost $20 million in DAI stablecoin.
Ethereum Blockchain Now Has $2 Billion in Bitcoin as BTC Fever Taking Over DeFi Investors
Currently, Ethereum holds more than $2 billion worth of Bitcoin on its blockchain, as investors are getting creative with BTC and anticipating its next bull run.
UK Treasury to Omit Derivatives, Unbacked Tokens from Sandbox
The United Kingdom Treasury Department has suggested in its recommendations for a digital securities sandbox that unbacked crypto assets and derivatives be removed from the scope of the project.
Top Crypto Assets are in Fear Trajectory, Could this Signal a Bounce?
The crypto market continues to be in the red based on more liquidation. As a result, the leading cryptocurrencies are in the fear zone.
Germany's Largest Bitcoin Seizure: 50,000 BTC Confiscated in Piracy Probe
German authorities seized 50,000 Bitcoins linked to a piracy website, with suspects transferring the digital currency to police wallets, causing uncertainty in cryptocurrency enforcement.
Gemini Expands Services to Six European Nations
U.S-based cryptocurrency exchange Gemini has announced the launch of its services in six European Nations.
Square Reaches $3.5 Billion in Bitcoin Revenue in First Quarter of 2021
Square has reported a profit of $3.51 billion in Bitcoin for the first quarter of 2021.
Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?
Despite the Federal Reserve (the Fed) increasing interest rates by half a point (0.5%), Bitcoin soared by 6% to reach $40,002.
Tether Holdings Hires Major Wall Street Firm to Manage Treasury Portfolio
Tether has recruited a Wall Street company to handle its Treasury holdings.
Metacade presale investment rockets past $5 million as GameFi investors hurry to buy remaining MCADE tokens
The Metacade presale is selling out fast with stage 3 coming to a close after just 12 days. The presale of the play-to-earn (P2E) metaverse arcade saw its previous rounds sell out within 4 weeks, raising $2.7 million but this has been dwarfed in comparison to the third stage selling out at lightning speed and bringing the project to raise past $5 million in just several days.
GameStop Shares Surges 26% after Announcing Entry into NFT, Crypto Markets
GameStop said the company is entering the NFT market. Its shares on the Nasdaq exchange, GME, rose 26% in after-hours trading after the announcement.
Is Bitcoin Getting Ready for a Bullish Continuation?
After nosediving below the psychological price of $40K over the weekend, Bitcoin is back to winning ways.
“Bitcoin Has Depreciated in Half” Says Clueless Chechen Republic Leader Kadyrov
Ramzan Kadyrov, the Head of the Chechen Republic has a strong distrust of Bitcoin, along with a profoundly confused understanding of BTC price.
First Ever Blockchain-Based IPO Launches on National Stock Exchange
The shares are available on the MERJ exchange platform as well as through broker-dealer Jumpstart and crypto custodian Prime Trust, which are both based in the US and via Globacap.
Top Crypto Firms That Laid Off Staff Recently
The crypto industry has witnessed a massive downturn, losing about $2 trillion in value since hitting a peak in November.
Binance Australia Appoints Former DigitalX EXEC Leigh Travers as New CEO
Binance exchange officially announced yesterday that hired former DigitalX CEO and director Leigh Travers as the CEO of Binance Australia.
Visa Developing Interoperable Transfers among CBDC Payments
Visa is rolling out a new interoperability feature facilitating digital currency payments among different parties. Visa aims to establish a bridge payment between digital currencies on the blockchain ecosystem.
Asset Tokenization to Expand into $16.1M Business Opportunity by 2030: BCG, ADDX Report
Asset tokenization will expand into a US$16.1 million business opportunity by 2030, according to a report published by BCG and ADDX.
Ethereum’s Median Fee Hit a 4-Month Low, while Address Activity Soaring to a 7-Month High
Ethereum users have a sigh of relief because median fees have dropped to $5.50 per transaction from highs of $34.18 last month.
Bitcoin Hits $33,000 For the First Time Ever as FOMO Among Investors Supports the Surge
Bitcoin's recent rally is being boosted by increased demands from both retail and institutional investors who see the digital currency as a hedge against inflation.
UK Parliament Committee Set Out Inquiry Into Risks and Benefits of NFTs
A group in the UK's House of Commons are now planning to launch an inquiry into the operation, risks, and benefits of NFTs and the blockchain at large, as well as to see how the industry could impart the UK economy.
Former OneCoin Executive Charged with Fraud
Irina Dilkinska, a former executive of fraudulent cryptocurrency scheme OneCoin, has been charged with wire fraud and conspiracy to commit money laundering. Dilkinska faces up to 40 years in prison and is accused of aiding in the laundering of over $400 million of OneCoin's proceeds.
Why the Bitcoin Price is Predicted to Crash to $8,000 in September—is the Crypto Bull Run Over?
The Bitcoin price is at a critical level and we predict it is most likely due for a significant price correction this month—which could come as soon as the next 48 hours.
FBI Warns Investors of Fraudulent Crypto Apps
FBI issued a public warning to crypto investors about fraudulent cryptocurrency apps. Fake apps have defrauded more than 200 American investors up to $42.7 million.
Barstool Sports Founder Dave Portnoy to Dump Bitcoin and Chainlink (LINK) After $25,000 Loss
Dave Portnoy announced that he is done with cryptocurrency and Bitcoin after undergoing a loss of $25,000 due to market crash.
Binance Invests another $5m in Metaverse Startup Ultiverse
Binance is putting in a fresh $5 million investment in metaverse gaming startup Ultiverse, after leading a $4.5 million seed investment a week earlier for the firm.
BBVA Adds Ethereum Trading Services for Private Clients
The Switzerland franchise of Spanish banking giant BBVA has added Ethereum trading and custody to its digital currency investment portfolio.
Bitcoin is in a Temporary Low, Crypto Whales Buy the Dip
Bitcoin is most likely in a temporary low in but BTC whales are taking advantage of the situation by accumulating more coins.
Animoca Brands subsidiary Forj Unveils $APE Accelerator to Boost ApeCoin Ecosystem
Forj, under Animoca Brands, has inaugurated the $APE Accelerator to bolster the ApeCoin ecosystem. The accelerator is now open for applications, inviting innovative Web3 projects to leverage the platform and connect with a substantial ApeCoin community. The initiative underscores a community-driven approach to enhance the utility and value of ApeCoin.
Blockchain Intelligence Group Launches Data Evaluation Support for Dogecoin and Dash
Blockchain Intelligence Group "BIG", the cryptocurrency compliance and real-time intelligence subsidiary of BIGG Digital Assets Inc., adds the Dash and Dogecoin cryptocurrencies to its ecosystem of data tools that can be tracked and risk assessed by exchanges, banks, and law enforcement.
BNB Chain Launches "Meme Innovation Campaign" with $1M Incentive for Developers
BNB Chain's new "Meme Innovation Campaign" aims to invigorate the meme token sector by offering $1 million in rewards for developer projects until May 9.
Gateway to Earning Bitcoin: Beginners’ Guide on BTC Futures Trading
Beginners’ Guide on BTC Futures Trading
Following Investigations in Brazil for Crypto Scams, Ronaldinho Faces Arrest for Using Fake Passport
Ronaldinho, the widely celebrated football player faces arrest for attempting to use fake passports to enter Paraguay after the scandal of his involvement in cryptocurrency scams.
Bitcoin’s Dominance Continues as BTC Undergoes Third Parabolic Advance with a Target of $240k
Crypto trader Michael van de Poppe has delved deeper into Bitcoin's trend and indicated that BTC’s dominance will continue moving upwards.
Dutch Central Bank Grants First-Ever Crypto Service Registration
The Amsterdam Digital Asset Exchange (AMDAX) has secured the De Nederlandsche Bank (DNB) in line with EU Anti Money Laundering guidelines.
BTG Pactual Launches Stablecoin Backed by USD
Brazilian investment bank BTG Pactual has launched its own stablecoin, BTG Dol, which is pegged to the value of the US dollar on a 1:1 ratio. The stablecoin will allow customers to "dollarize" a portion of their equity and will facilitate interaction between traditional finance and the digital economy.
Gemini Co-founder Tyler Winklevoss Shares Excitement about Hong Kong's Crypto Leadership
During Gemini's global tour, co-founder Tyler Winklevoss had an insightful meeting with Hong Kong's regulatory authority for crypto, the SFC (Securities and Futures Commission). Expressing his enthusiasm, Winklevoss took to Twitter to share his thoughts on the city's thoughtful and clear approach to crypto regulation.
DappRadar Report Shows Prominent NFT Collections Seeing a 40% Increase Amidst a Harsh Bear Market
DappRadar, the global app store for decentralized applications that makes it easy for users to track dapp activity online, has revealed that the NFT space is defying the emergence of crypto winter, with popular blue-chip collections such as CryptoPunks, Meebits and RTFKT - CloneX Mintvial enjoying substantial floor price gains of at least 40% over the weekend.
US Government Is Likely to Ban Bitcoin, says Ray Dalio
The founder of Bridgewater Associates Ray Dalio has said that Bitcoin is likely to face a ban in the US just like the 1930s ban on gold.
Argo Blockchain IPO: Lawsuit Claims Miner Made Untrue Statements
Argo Blockchain's 2021 IPO investors launched a class-action lawsuit.
Bitcoin and Ethereum Shed Off Slight Price Gains, Is The Bullish Rally Over?
With Bitcoin (BTC) and Ether (ETH) both recording losses in the past 24 hours, the question of whether the bull rally is over is pondered upon.
Circle Partners with Cross River Bank for USDC Production and Redemption
Circle has partnered with Cross River Bank for USDC production and redemption, as well as expanded relationships with other banking partners like BNY Mellon. The USDC stablecoin recently experienced a peg-breaking incident but has since recovered.
Bloomberg Analysts: Bitcoin Demand Supports $55,000 BTC Price and $1T Market Cap by 2022
Bloomberg's latest crypto outlook predicts the Bitcoin price will continue to advance into 2021 reaching a $50,000 target resistance, implying about a $1 trillion market cap.
Crypto Market Witnesses Increase in Women Users: Report
According to a report from BTC Markets, there was a 175% increase in women crypto users last fiscal year. The percentage dwarfed the 80% increase it saw in male users.
BlazeSwap Delivers New DeFi Standard With Flare Network: a DEX offering Enhanced Organic Yields
Dubai, UAE | October 26th, 2022 — BlazeSwap is an upcoming decentralized exchange (DEX) launching on Flare Network, the new blockchain that aims to connect everything. BlazeSwap will be the first and only DEX on Flare offering users Flare’s price oracle delegation and network airdrop rewards on top of liquidity provider fees.
Trump’s Proposed Capital Gains Tax Cuts Could Benefit Ethereum 2.0 Stakers
President Donald Trump has proposed a capital gains tax cut which may greatly benefit United States cryptocurrency traders—particularly those planning to stake on Ethereum 2.0.
Investors Should Brace Themselves and Get Ready for Bitcoin's Second Bull Run, says Crypto Analyst
Crypto analyst Lark Davis believes that the second wave of Bitcoin's bull run is on the verge of beginning after the first wave sent BTC to an ATH of $58,300.
Why Bitcoin’s Bull Run Is More Sustainable This Time Around, BTC Clears $50K and Eyes $60,000
Bitcoin has surged to new highs and has cleared the psychological barrier of $50,000 successfully.
Long-Term Bitcoin Holders are Accumulating Coins After Trimming Their Positions in the Early Bull Run
Long-term Bitcoin holders see the present steep plunge as the perfect opportunity to accumulate more coins.
Web3 Startups Witness 76% Plunge in Venture Funding in Q2 2023
Web3 startups saw a 76% drop in Q2 2023 funding, with only $1.8B raised. Despite VC downturn, Bitcoin and Ether prices surged. Future of Web3 funding remains uncertain.
Fintech Firm Cross River Raises $620M Funding, Led by Eldridge & a16z
CRB Group, Inc., the parent company of fintech company Cross River Bank, announced a $620 million investment led by Eldridge and Andreessen Horowitz.
Bitcoin ATMs Installation Growth Dropped Sharply in September
The number of Bitcoin Automated Teller Machines (ATMs) installed globally is currently being affected by the current state of the crypto economy
OKX Faces Allegations of Restrictive Practices in ICE Coin Listing
OKX, a leading crypto exchange, faces allegations of unfair trading practices following its listing of the ICE coin. Despite technological advancements and a growing global presence, these accusations put the company's commitment to transparency and user trust to the test.
NFT Firm Yuga Labs Faces Criticism Over Bitcoin Auction Plan
Yuga Labs has come under fire from the cryptocurrency community for its plan to auction its new Bitcoin NFT collection. The company's plan requires participants to send their entire bid amount in Bitcoin to a unique BTC address controlled by Yuga, and winners would pay up the BTC they bid while Yuga said it would return BTC to those unsuccessful in placing a top bid. The manual refund process for unsuccessful bids and the potential for significant price discrepancies in the top 288 bids have led to criticism from some within the crypto community.
Bitcoin Miners are Squeezed By Lack of Data Centers Amid China's Clampdown
The clampdown on crypto mining from China has caused a shortage of space for the homeless mining machines.
US CFTC Holds Meeting on Stablecoins Joined by Paxos, MakerDAO and JPM Coin Executives
The United States Commodity and Futures Trading Commission (CFTC) held a meeting earlier this week to study the potential impact of the stablecoin industry. The derivatives regulator met with stablecoin industry experts to understand its future implications.
American Fugitive Wanted for $722 Million Crypto Scam Arrested in Indonesia for Child Sex Offenses
An American fraud fugitive wanted by the US Federal Bureau of Investigation (FBI) for a $722 million cryptocurrency scam has been nabbed in Jakarta, Indonesia, for child sex crimes.
Investors Enjoy Growing Enthusiasm & Popularity of Bitcoin: Grayscale's Study
A recent survey conducted by Grayscale Investments, a Digital Currency Group (DCG) owned crypto asset manager has revealed the growing enthusiasm and popularity of Bitcoin as an investable asset class.
Dogecoin Becomes The 8th Largest Cryptocurrency, Overtaking Cardano
Dogecoin overtook Cardano to become the world’s 8th most valuable crypto asset by market cap at $17.9 billion
Will The Outcome of Biden-Trump US Presidential Race Affect Crypto?
Market experts have debated whether the outcome of today's US presidential election will affect the crypto industry.
Central African Republic to Launch Sango Coin Cryptocurrency Next Week
The latest move by the Central African Republic comes after it adopted Bitcoin as legal tender in April. The African country plans to adopt cryptocurrency to revitalize its economy.
Finland Tracks Monero in High-Profile Cybercrime Cas
Finnish authorities traced Monero transactions in the Julius Aleksanteri Kivimäki trial, highlighting challenges in tracking privacy-focused digital currencies, a significant development in cryptocurrency-related cybercrime investigations.
Why Cathie Wood’s ARK Investments Skipped Buying the First Bitcoin Futures ETF Shares?
It was unusual that ARK Investments did not buy ProShares Bitcoin futures shares during the debut trading on the public markets. Wood Cathie, the CEO of the investment firm, has given out reasons behind such moves.
EU Market Watchdog Speaks Against Renewable Energy Mining for PoW
The Vice-Chair of the European Securities and Markets Authority (ESMA), Erik Thedéen has taken a stance against the use of renewable energy for all PoW mining operations.
Pablo Escobar’s Drug Runner Yasutaka Nakamoto "Could be" Satoshi Nakamoto
Who is Yasutaka Nakamoto? Who is Satoshi Nakamoto? Are they the same person – Olof Gustaffson believes that Yasutaka had the technical knowledge of creating Bitcoin, as he has had extensive experience with microprocessors and semiconductors. Roberto Escobar, brother of the drug kingpin Pablo Escobar has launched a fork of the Bitcoin blockchain, known as “Dietbitcoin,” in 2019, which later on relocated to Ethereum’s ERC-20 standard. Roberto Escobar claimed that he has encountered a US government agent posing as Satoshi Nakamoto, which he reached the conclusion that the US government created Bitcoin. He further believes that the US government will one day crash the market completely by selling all of Nakamoto’s Bitcoins.
Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched
Despite the bearish momentum experienced in the Bitcoin (BTC) market, long-term hodlers remain steadfast because they are not selling.
Massive Atomic Wallet Hack Revealed: Over $35M Stolen across Multiple Cryptocurrencies
On-chain investigator ZachXBT has reported a significant security breach on Atomic Wallet, a leading non-custodial decentralized wallet wallet. The hacker targeted various cryptocurrencies, managing to steal more than $35 million across different chains, according to ZachXBT's updates on Twitter.
CoinFlex Creditors Backs Company's Restructuring Plans
CoinFlex may be getting headway with respect to its restructuring plans as the majority of its creditors are backing the idea as revealed in early voting.
Bitcoin will Reach $100K in 2022: Nayib Bukele Predicts
El Salvador President Nayib Bukele released on his official Twitter on January 2 his bullish forecasts for bitcoin in 2022. Among them, Nayib Bukele believes that the bitcoin price will reach a high of $100k in 2022.
CoinGecko: 2024 Q1 Strong Crypto Industry Growth Propels Market Cap to $2.9 Trillion
CoinGecko's recently released 2024 Q1 Crypto Industry Report reveals significant growth in the cryptocurrency market, with the total market cap reaching $2.9 trillion. The report covers various aspects, including the performance of Bitcoin and Ethereum, the rise of decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, and the performance of centralized and decentralized exchanges.
Coinbase Gains FCM Approval for Regulated Crypto Derivatives Access
Coinbase Financial Markets secures FCM approval, paving the way for regulated crypto derivatives in the US, enhancing trading options but with oversight.
Opinion: How Bitcoin Options Might Help Survival amid the Bear Market?
As inflation is at an all-time high, options contracts could be a good way to hedge some risks to trade an asset in the future at a predetermined price.
Coinfest Asia is Back in 2023, Carrying the Theme of Web2.5!
Coinfest Asia, the immersive Web3 festival in Asia, will be back on 24-25 August 2023 in Bali. Previously, the 2022 edition of Coinfest Asia managed to have more than 2,000 participants from more than 50 countries, these participants started from the institutional level, retail, and regulators.
Circle Rolls Out Native USDC on the Celo Blockchain, Expanding Stablecoin Access
Circle has integrated USDC directly onto the Celo blockchain, enabling faster and cheaper transactions with its native stablecoin. This aligns with Circle and Celo's shared mission of increasing financial access.
Australian Securities Exchange Partners with VMware to Go Blockchain in 2021
A recent press release shows a new agreement with the NYSE listed companies namely VMware and Digital Asset holding and the ASX for the replacement of the CHESS system by 2021.
OKEx Partners with Klaytn To Enhance Mass Blockchain Adoption
OKEx and Klaytn have officially joined hands as ecosystem partners who are meant to push for global adoption of blockchain technology for millions of users in the world.
A Billion Dollars in Bitcoin Options Expired, Bitcoin may be Vulnerable to Violent Price Moves
A billion dollar worth of Bitcoin options are to expire today, in the meantime, traders debating whether this will result in higher volatility, and the direction of which Bitcoin price is headed. Traders are now deciding whether to take their options or leave the market.
MicroStrategy Acquires Extra 4,167 Bitcoins for Approximately $190.5m
MicroStrategy, the Nasdaq-Listed business intelligence and software firm has made another purchase of 4,167 Bitcoin as it continues on its sporadic BTC accumulation campaign.
Explosive Growth in TON Developer Community: A Comprehensive Analysis
TON's Q4 2023 Developer Report reveals a 22.8% increase in its developer community, highlighting over 500% growth in active developers and significant advancements in blockchain technology and community engagement.
Bitcoin and Ethereum Prices Unaffected Despite $150M Hack Suffered by KuCoin
Bitcoin and Ethereum prices have been reported to be unaffected by the security breach that impacted coin exchange KuCoin and that resulted in a loss of $150M.
UK Watchdog Proposes Tougher Advertising Rules
If the UK Government approves the FCA's plan, crypto businesses from abroad may have to meet additional conditions to advertise to UK clients.
Bitcoin Has Added Over $300 Billion to Its Market Cap in 2020
The fourth quarter of 2020 has been crucial for Bitcoin and has shifted its narrative entirely.
Twitter CEO Jack Dorsey Supports Nigerian Protest Against Police Brutality With Bitcoin Donations
Twitter CEO Jack Dorsey has supported Nigeria's EndSars campaign against police brutality with an undisclosed amount of Bitcoin (BTC), asks public for further donations.
Hedge Fund Marshall Wace Forms Workforce, Focusing on Blockchain Investments
Investment firm Marshall Wace is forming a blockchain team, focusing on investing in private blockchain-related companies.
Bitcoin Sees Record Inflows into Accumulation Addresses Despite Overheating Signals
Bitcoin has seen record inflows into accumulation addresses indicating strong demand, however on-chain analysts warn the rapid price rise has led to an overheated bull market with risks of selling by miners and traders.
Maximizing Returns: Strategic Insights on Selling Airdropped Tokens
CoinGecko's study on airdropped tokens reveals early selling is crucial for profit maximization, with significant gains observed in 23 out of 50 largest airdrops.
Mayor of Miami Francis Suarez Accepts Paycheck 100% in Bitcoin
Francis Suarez, an American attorney and politician serving as the 43rd Mayor of Miami, announced on Twitter that he will get his next salary in Bitcoin (BTC).
Twitter Launches Verification Mechanism for NFT Avatars; Bybit Demonstrates Ambition on NFT Marketplace
Twitter said it is rolling out an official verification mechanism for NFT avatars, allowing users to set the NFTs as their profile picture.
Kaspersky Report: Bitcoin Crime to Rise in 2021 Due to Covid-19 Induced Poverty
According to a new Kaspersky report, the coronavirus pandemic will increase cases of crypto and Bitcoin crimes in 2021.
Crypto Domains Made Available on Opera Browser Boosting Blockchain Adoption
Unstoppable Domains, a technology company building domains on the blockchain network, announced in a tweet the integration of '.crypto' domain with the Opera browser.
Binance Publishes Details of Holdings in its Hot Wallet
Binance has posted a snapshot of its hot wallet reserve to lead the exchange's transparency push
ISIS Millions Could Be Hidden in Cryptocurrency Ready-to-Fund War Chest
There is fear that missing ISIS’s £246 million may have been hidden in cryptocurrency waiting to be used for war chest.
Bitcoin Millionaires at an All-Time High as Analysts Warn of a Pullback Before BTC Moves Higher
Bitcoin’s price has remained stable overnight, currently trading at the $13,000 level. However, other cryptos have not been able to hold their strength.
Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments
As per the US SEC filing announced on Monday, February 8, Tesla has invested $1.5 billion into Bitcoin and intends to accept the crypto payments.
Canadian Rehabilitation Foundation to Accept Crypto Charitable Donations
The Glenrose Rehabilitation Hospital Foundation (GRHF), a healthcare entity based in Edmonton, Alberta, Canada, is considering adding cryptocurrency to its donation path.
Visa Approves Australian Startup CryptoSpend to Issue Debit Cards in Cryptos
The world's leading payment giant Visa approves the Australian startup CryptoSpend to issue debit cards for its customers to consume through cryptocurrencies.
BIS to Adopt DeFi Implementation in Forex CBDC Markets
The Bank for International Settlements (BIS), along with the “Eurosystem” – central banks of France, Singapore, and Switzerland will be launching a new project called “Project Mariana.”
Kitsumon Launches NFT Breeding Gameplay
Kitsumon has announced the launch of its Breeding Mainnet, showing the significant progress made by the game project since its testnet announcement back on the 14th of June 2022, and hundreds of users testing this Gameplay aspect within this period of time also, which is now available.
Polygon Co-Founder Proposes zk-Powered ApeChain
A proposal for developing a dedicated Layer-2 chain, ApeChain, to support ApeCoin ecosystem’s growth was made within the ApeCoin DAO community by Sandeep Nailwal of Polygon Labs. The initiative aims to solve scalability issues and promote ApeCoin-integrated projects through a collaborative effort between ApeCoin DAO and Polygon Labs. Estimated at an annual cost of $200,000 funded by ApeCoin DAO, the proposal garnered support as well as raised concerns and queries from the community regarding its financial, technical, and strategic aspects.
Peter Schiff Criticizes Investors who Succeeded in Getting Wall Street to Buy into the Bitcoin Mania
Peter Schiff has yet again expressed his disappointment at BTC proponents that has stirred increased Wall Street participation in crypto.
Former Ripple Executive Loses Keys to Digital Wallet Holding $240 Million worth of Bitcoin
Former Ripple executive Stefan Thomas may have made a fortune off Bitcoin, but he might never be able to touch it.
US Crypto Lender Celsius to Stop Paying Interests to Unaccredited Investors
In line with regulatory demands, American crypto lender, Celsius has shared details of a restructuring to its Earn product which will now be limited to only Accredited investors.
Talent Protocol supports the next generation of builders through the acquisition of Agora Labs
Talent Protocol, the web3 professional community for high-potential builders, has acquired Agora Labs, a social token and NFT infrastructure platform for creators to build and scale their communities. The acquisition will not only integrate Agora’s tech stack and community into Talent Protocol, but also onboard its young talented founders, Matthew Espinoza (CEO) and Freeman (CTO) into the team.
Bitcoin Surged for Eight Consecutive Days, a Feat since December 2020
Bitcoin has been on an upward trajectory for eight consecutive days, as revealed by crypto analytic firm CryptoCompare.
Coinbase CEO Advises New Crypto Investors to Carefully Evaluate Market Risk and Crypto Volatility
As Bitcoin breaks $21,000, it may be easy for new investors to want to join the crypto bandwagon before evaluating risks associated with this asset class.
Second Bitcoin Whale Spotted Holding At Least 100,000 BTC Worth $2.8 Billion
For the first time since June 24th 2020, Bitcoin has a 2nd whale address with 100k+ BTC tokens held, according to on-chain data provider Santiment.
Former South Korean Deputy Minister Yong-beom Kim Joins Blockchain Research Institute
Yong-beom Kim, former first deputy minister of the Ministry of Planning and Finance of South Korea, will join Hashed Open Research, a blockchain and digital technology research institute, as CEO.
U.S. IRS Chief Requests More Power To Collect Crypto Transfer Data
U.S. Internal Revenue Service Commissioner Charles Retting told Congress that the authority needs more permission to collect cryptocurrency transfer data, Reuters reported Tuesday.
Bitmain's Board Makes Decision Ousting Co-Founder Ketuan Zhan
Bitmain has changed its company structure in the registration filing with government agencies. Leading to Wu becoming executive director and legal representative of the company.
Is Bitcoin Gearing Up for Consolidation Before Triggering a New Bullish Cycle?
With Bitcoin (BTC) hovering around the 200-week moving average (MA), some analysts believe that the top cryptocurrency might be laying grounds for a ranging market that would, later on, prompt a bullish cycle.
Shares Price & Memecoins Soars after Elon Musk Appointed as Twitter's Board of Directors
Twitter shares soared Monday after the acquisition from Elon Musk, the CEO of Tesla Inc, who becomes the largest shareholder and is appointed to the board of directors of Twitter.
Exclusive: Johan Hörmark on SEB's Blockchain-Driven Bond Platform
Johan Hörmark, Project Manager at SEB, discusses the transformative potential of their blockchain-based digital bond platform, so|bond, in the financial secto
What is CBDC?
CBDC stands for Central Bank Digital Currency, and represents the digital form of a nation’s fiat money (currency backed by trust or faith in the regulating government).
Bitcoin Corrects after Hitting ATH at the $66,900 Level, Holders Remain Unfazed
Holders remain unperturbed about the current correction in the Bitcoin market if history is to repeat itself.
Bitfarms Settles Debt with BlockFi
Bitfarms and BlockFi collaborate via Backbone Mining Company, a completely owned subsidiary.
Ethereum Dominates Bitcoin on CEX.IO Crypto Exchange
Chief Technology Officer of CEX crypto exchange has reported that Ethereum (ETH) on its platform has spiked up in the past week, as opposed to Bitcoin.
Billionaire Shark Tank Investor Mark Cuban Changes Tune on Bitcoin as Store of Value
Mark Cuban, a billionaire entrepreneur who is famed for his investor role on Shark Tank - where aspiring entrepreneurs pitch their business models -has watered down his Bitcoin criticism as he views it as a store of value.
Crypto Exchange Trading Volumes Hit a Monthly High of $348 Billion in November
New data by CoinGecko reveals that the monthly trading volumes across crypto exchanges surged to an all-time high of $348 billion in November.
Hong Kong Outlines New Rules For Crypto Futures ETF Issuers
The Securities and Futures Commission (SFC) of Hong Kong, on Monday, published a detailed circular of the requirements exchange-traded fund managers need to meet to list their crypto products in the city.
The First Pocket Gamer and Blockchain Gamer Connects Hong Kong Wows the Crowds
The temperature outside may have been in the high 30s, but that was nothing compared to the white-hot talks and meetings taking place inside Hong Kong’s awesome Cyberport venue on 17-18 July, at Steel Media’s inaugural Blockchain Gamer Connects and Pocket Gamer Connects in East Asia.
Block's Q2 Earnings Beat Expectations
Block, formerly Square, generated $4.4 billion in total revenue in the second quarter of 2022, beating FactSet's average analyst estimate of $4.3 billion.
Crypto Adoption in Latin America: A Tool Against Economic Woes and Authoritarianism
The cryptocurrency landscape in Latin America, particularly in Argentina and Venezuela, is evolving as a mechanism to counter economic and political adversities. While Argentina sees crypto as a bulwark against economic instability, Venezuela is utilizing it as a tool for humanitarian aid and resistance against authoritarianism. The divergent crypto adoption narratives in these nations underscore the asset class's potential to address complex societal challenges.
BIS Newest Quarterly Report: What Potentials Do CBDCs and Distributed Ledger Technology Hold?
The Bank for International Settlements (BIS) has released its newest quarterly report on the changes in the payment industry, including the market impact of the recent coronavirus outbreak. Some of the trends mentioned in the report include stablecoins, tokenized securities, central bank digital currencies (CBDCs), cross-border payments, and peer-to-peer payments.
Bitcoin Whale Holdings Hit a 7-Month High, Despite Retail Investors Panicking
The $38K to $40K zone of Bitocin is proving to be a hard nut to crack in the market. Nevertheless, BTC whales have been accumulating heavily in this area.
Cardano Founder Charles Hoskinson Addresses an Alleged ADA Scam in China
Scammers are capitalizing on the recent success of Cardano’s native altcoin, ADA, and using it for their own personal gain. For the first time in over a year, ADA has moved above $0.10, and has picked up by over 200 percent.
Coinshift Integrates Superfluid to Automate Crypto-Native Payroll with Ongoing Money Streams
Coinshift’s native integration of Superfluid Protocol allows DAOs and web3 businesses to automate payroll with money streams, saving HR managers time and cognitive effort
Grayscale's 33% GBTC Premium Signals “Outrageous” Institutional Demand For Bitcoin, says Willy Woo
Grayscale Bitcoin Trust's (GBTC) premium on Bitcoin has risen to 33%, indicating “outrageous demand” for BTC from institutional investors as its price consolidates at $23,000.
Bitcoin Whales and Large-Scale Institutions “All-In” on Bitcoin During COVID-19, Retail Investors Are More Cautious
Coronavirus has led many investors to turn to Bitcoin as a hedge, but the way in which individual and institutional investors leverage the digital asset differ.
Bitcoin Supply on Exchanges Slip to Lows Last Seen in May 2019 Amid the Lightning Network Recording Exponential Growth
Bitcoin (BTC) supply on crypto exchanges has been nosediving because it hit a 28-month low.
Millennial Investors Open the Most Crypto Accounts in Q2, Apex Report Shows
A report conducted by investing platform Apex Fintech Solutions (Apex) shows nearly 370,000 new crypto accounts opened in Q2.
Hackers Demand $1 Million in Bitcoin Ransom After Hacking Computer Systems of Insurance Firm
Israeli’s largest insurance company fell victim to hackers this week and must pay huge amounts of funds in cryptocurrency to regain access to its data.
Chinese Police Discover Illegal Bitcoin Mining Activity in Mysterious Graves
Police in China recently discovered illegal Bitcoin mining, which was buried underneath a local cemetery. Power losses within the area caused the initial suspicion. A Chinese oil field company submitted a tip to the local police requesting them to investigate suspicious power losses in the northern city of Daqing, Heilongjiang province. The police officers arrived at the scene and spotted mysterious two grave mounds lying in the field.
Google Search Trends Show a Strong Correlation with Bitcoin Price
Google search trends have been positively correlated with Bitcoin price based on the current market trend.
Fan Token Issuing Startup Socios.com Receives Italian Regulatory License
The sports-based fan token market has surpassed $440 million since football fans' blockchain app Socios.com announced it has received regulatory approval from the Italian government, up 97% from the previous month.
Precedent Trial of SBF Engrosses Coinbase Executives as FTX Faces Judicial Scrutiny
The criminal trial against Sam Bankman-Fried (SBF) of FTX, slated to commence on October 4, 2023, under Judge Kaplan, has garnered attention from Coinbase executives, Brian Armstrong and Paul Grewal. Through Twitter, Grewal shared his extensive federal court experience and expectations for the jury selection process, sparking a broader discussion on legal procedures in high-profile crypto cases. The trial, amidst FTX's ongoing legal challenges, highlights the crypto industry's intricate regulatory landscape.
SEC Faces Congressional Investigation Call Over Bitcoin ETF False Approval News Breach
The SEC's social media account was compromised, leading to false Bitcoin ETF approval news. This incident has prompted calls for congressional investigation into the SEC for potential market manipulation and cybersecurity lapses.
KuCoin Labs Rolls Out Incubation Program with Univers Network to Boost Web3 Exploration
KuCoin Labs, the incubation and investment arm of crypto exchange KuCoin, has launched an incubation program with Univers Network to aid the exploration of the Web3 space.
Terra Expands Stablecoin Reserve by Purchasing $100m worth of Avalanche Tokens
The Luna Foundation Guard (LFG), primarily focused on the Terra blockchain, expands its TerraUSD (UST) stablecoin reserve by purchasing $100 million worth of Avalanche tokens.
Coinbase CEO Proposes Web3 Version of LinkedIn
Coinbase CEO Brian Armstrong has received over 150 applications for its inaugural Coinbase Ventures Summit in October. He introduced the Web3 version of LinkedIn, a decentralized platform, and suggested companies issue NFTs for employment verification. The summit aims to foster crypto innovation.
South Korean Court Apprehends Crypto Assets of “Nth Room” Ringleader
A South Korean court has frozen 15 cryptocurrency wallets belonging to Cho Ju-bin, the orchestrator of the “Nth Rooms” scandal. It came to the limelight following a national outcry following the sexual exploitation of underage girls by Cho Ju-bin and his team who was named and paraded through the Korean streets to face the public in March.
PlanB Says Bitcoin Has Bottomed Out for New Bull Run
According to PlanB, it became glaring in the first quarter of this year that the Bitcoin bull run was over and we have now entered a full-blown bear market.
Leumi to Become 1st Israeli Bank Facilitating Crypto Trade
Bank Leumi's digital platform Pepper Invest announced that the bank is set to become the first Israeli bank to facilitate cryptocurrency trading - following a partnership with US blockchain firm Paxos.
Demand for Blockchain Courses Available at 56% of the Top 50 Universities
Cryptocurrency trading platform Coinbase brought to light new research highlighting 56% of the top 50 universities now offering one or more classes on cryptocurrency and blockchain technology.
DeFiChain’s DFI Token Starts Trading on the Gate.io Exchange
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, today announces the listing of its DFI token on Gate.io, one of the world’s leading cryptocurrency exchanges. This is a major step in DeFiChain’s mission to make DFI accessible to investors worldwide.
Investors Need to Accept the Trajectory and Level of Volatility in Bitcoin, Says SkyBridge Capital Founder
Anthony Scaramucci, the founder of SkyBridge Capital and former White House communications director, believes that as Bitcoin (BTC) continues being widely adopted, investors ought to accept the trajectory and level of volatility in the leading cryptocurrency.
Akon’s Plans for a Futuristic Crypto City in Senegal Progresses with a $6B Construction Contract
American-Senegalese music icon Akon announced plans to build a cryptocurrency city that would revolutionize the developing economic landscape in Africa.
Acala Network's aUSD Depegged from Dollar Mark after Breach
Acala Network's stablecoin was depegged from the dollar mark on Sunday following a breach. A vote was proposed to pause operations on Acala after it noticed configuration issues regarding the Horizon protocol, which affects its stablecoin aUSD.
US FinCEN Files Show Deutsche Bank Tops List of Suspicious Transactions, So Cut Bitcoin Some Slack
German central bank, Deutsche Bundesbank appears to have facilitated over one trillion dollars of suspicious transactions flagged by US FinCEN.
Robinhood Lists USDC as First Stablecoin on Trading Platform
Robinhood has adopted the second-largest stablecoin for trading transactions.
Democratization of Digital Technologies: Crypto ATMs
Greater accessibility for everyday people to digital technology is the key to breaking the concentrated asset control of states and governments. To ensure a long and prosperous evolutionary life for blockchain technologies, a good diffusion signal can definitely be the increasingly growing installation, around the world, of Crypto ATMs. What they are and how they work?
Ethereum Stored on Crypto Exchanges Sinks to a Two-Year Low, What This Means for ETH
On-chain analytics provider Santiment has shared data showing that Ethereum(ETH) held on crypto exchanges stands at 13.35% of its total circulation supply.
Bitcoin Forms “Ascending Triangle”, Tries to Rebound Above $35,000 Crucial Level
Bitcoin has formed an ascending Triangle thus hinting a bullish trend. The cryptocurrency will need to reclaim the $35,000 level as resistance to avoid bull-ending price action.
BitCard® and Blackhawk Network (BHN) to Offer Bitcoin Gift Cards at Select U.S. Retailers
BitCard® has announced a new relationship with Blackhawk Network (BHN), one of the world's leaders in branded payment technology. Through this groundbreaking commercial relationship, BitCard® will offer its Bitcoin Gift Card at select U.S. retailers in BHN's vast network of retailers and B2B channels.
Upcoming Movie Storyline Focuses on Anonymous Bitcoin Creator Satoshi Nakamoto
Decrypted, a movie speculated to be released by December 1, 2020, focuses on Satoshi Nakamoto’s persona as part of their story outline.
Former Fed Chair Janet Yellen Confirmed in Senate as new US Treasury Secretary
After being nominated by President Joe Biden, the United States Senate has now confirmed former Federal Reserve Chair Janet Yellen to serve as Treasury Security.
Cathie Wood: SEC to Approve Multiple Bitcoin ETFs Simultaneously
Cathie Wood predicts the U.S. SEC may simultaneously approve multiple Bitcoin ETFs.
UK Financial Watchdog FCA Bans Crypto Derivatives Trading For Retail Investors
The United Kingdom’s Financial Conduct Authority (FCA) has issued its final rules banning the sale of crypto derivatives and exchange-traded notes (ETNs).
Digital Asset Income Application Finblox Completes $3.9M Funding in Seed Round
Hong Kong-based digital asset income application Finblox announced the completion of a $3.9 million seed round.
Kitsumon launches NFT land sale in partnership with top NFT and Gaming platforms
Professions will allow players to explore a massively multiplayer world where players can use their land to level up their character in 6 different roles, such as farming, cooking, fishing, mining, crafting and alchemy. A full overview of professions can be found here.
Bitcoin Dips to Lowest Level in Five Months below $39K
It is the second time this year that bitcoin has fallen below $40,000 hitting $38,642 mid-way through the Asia trading session.
MicroStrategy To Sell $1B in Stock for More Bitcoin
MicroStrategy Inc. (MSTR) filed a shelf registration to the U.S. Securities and Exchange Commission (SEC) on Monday, intending to sell as much as $1 billion in common shares for general purpose, including purchasing more Bitcoin.
Digital Asset Firm Castle Island Ventures Raises $250M to Target Web3 Crypto Startups
Digital asset company Castle Island Ventures completed the largest financing in history, up to $250 million to invest in startups focused on building currency networks, financial services and Internet architecture.
Mike Novogratz says Bitcoin Volatility Will "Smooth Out" Due to One Major Factor
Bitcoin reached over $19,000 recently, and has set a new high for the year, and Bitcoin bull and Mike Novogratz recently said that “Bitcoin is for everyone.”
BIS Economist Proposes "Embedded Supervision" to Enhance Transparency of Tokenized Markets
Economist Raphael Auer of the Bank for International Settlements (BIS) has championed distributed ledger technology (DLT) as a way of supervising financial market risks.
El Salvador’s Bitcoin Fortune Nosedives with At Least $11M Loss: Bloomberg Analysts
With the crypto market witnessing massive liquidations affecting retail and institutional investors, El Salvador has also been on the receiving end with a loss of more than $11 million, given that it holds at least 1,391 Bitcoin, according to Bloomberg.
UK Finance Ministry Proposes Safety Net Measures against Stalling Stablecoins
The proposals presented by the British finance ministry are aimed to mitigate risks related to stablecoins amid the recent TerraUSD de-pegging fiasco.
Why Bitcoin Has Threatened US Dollar Dominance and Federal Reserve
How Bitcoin has threatened US dollar dominance and Federal Reserve power, and has been reducing the role of the government in issuing money.
Walmart Files Patent Introducing Its Own Digital Currency
Walmart has filed a cryptocurrency patent to develop its own U.S dollar-backed digital currency similar to Facebook’s Libra.
China Evergrande's Financial Crisis Triggered Monday's Sell-off, Crypto Prices Follow the Slump
The Crypto market slumped as fueled by the financial crises of China Evergrande.
Andorra to Ratify Digital Assets Adoption with Crypto Law
Andorra, or 'the Principality of Andorra', is contemplating regulations of digital assets and other blockchain technologies. Its parliament is debating on relative amendments before turning them into a draft.
Chinese Government to Consider Cross-Border East-Asian Stablecoin for Hong Kong Amid Implementing Controversial National Security Law
Chinese officials to consider a cross-border stablecoin in Hong Kong, to facilitate a cross-border payment network between three Asian countries, and four currencies China, Japan, and South Korea. The world’s second-largest economy is aiming to build Hong Kong into an international financial center in the digital economy era. At China’s annual “Two Sessions,” also known as the National People’s Congress, China’s most important annual political event in Beijing, officials set the decision to impose new national security legislation on Hong Kong.
Digital Yuan Transactions Overtakes Visa during Beijing Winter Olympics
According to a Wall Street Journal, at the opening ceremony of the 2022 Winter Olympics in Beijing, the number of transactions using the digital yuan greatly exceeded that of Visa.
Bitcoin Addresses at a Loss Hit a 2-Year High as Extreme Fear Engulfs the Market
The bearish momentum witnessed in the Bitcoin (BTC) market has made addresses at a loss to climb to a two-year high.
Circle's USDC Reserve Exposure and Potential Risks
Circle's latest audit report reveals that the company's exposure to the US banking system stands at nearly $9 billion, with its reserves held by a number of regulated financial institutions, including SVB, BNY Mellon, and Silvergate. However, recent events such as the shutdown of SVB and Silvergate's decision to shut down its crypto bank arm have raised concerns about potential risks for Circle and its stablecoin USDC.
Dave Portnoy Offers to be The Savior of Bitcoin and Chainlink (LINK), Angering Crypto Twitter
After declaring that he may be quitting crypto trading altogether, Dave Portnoy is now hinting that he will “save Bitcoin and crypto.”
Crypto Firms Join Forces to Push for Stratum V2 Bitcoin Mining Upgrades
Spiral and Braiins lead efforts along with an industry working group to upgrade the current Stratum V1 protocol for miners.
Worldcoin Protocol Undergoes Comprehensive Security Audits
Worldcoin, a blockchain-based protocol that integrates both off-chain and on-chain components, a proof of humanity protocol co-founded by Sam Altman of OpenAI, recently underwent two separate security audits.
ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash
Christine Lagarde, President of the European Central Bank (ECB), said that a CBDC or digital euro would most likely work in tandem with fiat currency, not replace it.
Token vs Coin: What's the Difference?
Crypto coins and tokens are two common but distinct types of crypto. Let’s explore the distinctions, creation processes, and roles within the crypto ecosystem.
$100,000 Forecasted as the Largest Strike Price for Bitcoin Options this Year, Analysis Predict
The biggest strike price for BTC options is $100,000 with an open interest (OI) of $500 million.
Twitter Enables Bitcoin Tipping on Its Platform, Plans to Support Users to Unlock NFTs Services
Twitter has moved to let its users tip content creators using Bitcoin to help users earn money for the platform. The social media giant is also expanding its reach to support users to authenticate and showcase their NFT digital assets.
China Tightens Regulation on Tech Industry, Sinking Alibaba and Tencent Stocks on Single’s Day
China's regulatory clampdown on the technology industry has resulted in Chinese tech shares' underperforming on the stock market.
Digital Asset Outflows Continue for the Fourth Week, but Selective Investments Show Optimism in the Market: According to CoinShares
According to CoinShares' Twitter, the leading alternative asset manager in Europe specializing in digital assets, digital asset investment products have seen a fourth consecutive week of outflows, totalling $54 million. This has brought the total outflow to $200 million.
Institutional Bitcoin Adoption Continues as MicroStrategy, Square, and Tesla Ramp Up Crypto Interest
The institutional flow of funds into Bitcoin is a tool to help guarantee market stability and attract improved regulations for the crypto industry.
Kraken Experiences Technical Issues as Bitcoin Smashes New High of over $46,000
Amid Bitcoin’s new highs, Kraken’s platform experienced huge technical issues that locked many of its clients out of their accounts.
Luxury Hotel & Resort Group Pavilions Welcomes Bookings in Over 40 Cryptocurrencies
Luxury hotel and resort group Pavilions now accepts cryptocurrency bookings in over 40 virtual currencies, becoming the first international luxury boutique hotel group to embrace cryptocurrency for reservations.
China Unlikely to Approve Oracle and Walmart’s TikTok Deal – Blockchain and Bitcoin Implications
China appears to be on edge regarding Oracle and Walmart’s deal with parent company ByteDance for TikTok’s US operations, calling it an “unfair deal.”
FSB 2024 Agenda: Strengthening Crypto Regulation and Embracing AI"
The Financial Stability Board (FSB) has announced its 2024 Work Programme, focusing on crypto regulation, AI, and digital innovation, aiming to enhance global cooperation and stability in finance.
Why Upland’s Virtual Land NFTs Are The Future Of Crypto
The asset class of non-fungible tokens (NFTs) is quickly growing and coincides with the rise of parallel worlds where people are spending more of their time and money.
Coinbase Going Public via Direct Listing on Nasdaq to be Expected as SEC Publishes Registration Statement
Coinbase cryptocurrency exchange is officially going to be listed on NASDAQ as a publicly-traded company.
MicroStrategy Announces Plans to Pay Its Board of Directors in Bitcoin
MicroStrategy has announced that some of its board of directors are now being paid in Bitcoin
SNX and AAVE Prices Remain Stable Amid Bitcoin Driven Market Dip
Despite the ongoing market correction, DeFi tokens Synthetix Network Token and Aave maintains stable price momentums.
Jacobi Asset Management Firm Wins Approval to Launch Bitcoin ETF In Guernsey
Jacobi, an asset management firm, wins regulatory approval to launch an exchange-traded fund that tracks the prices of Bitcoin for investors across Guernsey.
EIP 1559 — ETH 2.0 and the Scarcity of Ethereum
EIP-1559 has sparked wide discussion within the Ethereum community and could be one of the major reasons ETH is starting to gain traction as a hedge against inflation.
Fed Governor Warns ECB Forum that Libra Risks are Immense
The Governor of the Federal Reserve, Lael Brainard warned a European Central Bank (ECB) forum in Germany, that the risks posed by the potential mainstream adoption of the Facebook proposed stablecoin Libra, are too immense.
SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin
Anthony Scaramucci's SkyBridge Capital records its best year in 2023 with a 130% rise in crypto investments, primarily in Bitcoin, Ethereum, and Solana. Scaramucci predicts Bitcoin will surpass its all-time high, bolstered by the recent approval of Bitcoin ETFs by the SEC.
Blockstack PBC Files Annual Report with SEC
Company releases most comprehensive report since the first-ever SEC qualification for its token offering last year
LedgerX Co-Founders Put on Leave Following US CFTC Scrutiny
Ledger Holdings face trouble surrounding Bitcoin Futures trading markets. The CFTC has come forward to make it clear that any trading in the USA must be certified and then released to the public.
Michael Saylor: China's Clampdown on Crypto will be a "Trillion-Dollar-Mistake"
MicroStrategy CEO Michael Saylor said the recent Chinese crackdown on cryptocurrency and mining activities would be a trillion-dollar mistake.
Core Scientific Faces Bankruptcy With Over 78% collapse in Share Value
Bitcoin mining firm Core Scientific to file for Bankruptcy
NFT Market Declines in 2023, Yet Bitcoin and Solana NFTs Present Significant Opportunities
In 2023, the NFT market experienced a decline, but Bitcoin and Solana NFTs showed significant growth opportunities.
Amazon CEO Jeff Bezos is Worth More Than Bitcoin’s Market Cap
It was recently announced that Amazon CEO Jeff Bezos’s wealth has surpassed that of Bitcoin’s market cap, meaning Bezos’ wealth has soared up to $171.6 Billion—the icing on the cake to top off his pre-divorce financial record.
Walt Disney Seeks Attorney to Explore Emerging Technologies in NFTS
Walt Disney Company is hiring a deal attorney to explore emerging technologies, including NFTs.
USDT Sees Rise on Ukraine's Kuna Exchange Following Russia Attack
The price of Tether's USDT stablecoin soared to 36.97 Ukrainian hryvnias (UAH) ($1.23) on Ukraine's Kuna exchange on Thursday, following the ongoing invasion from Russia.
Jul 13 Trading Analysis: Dont confuse the lack of volatility with stability
BTC has been relatively unaspiring this weekend as ALTs continue to steal the limelight with LINK, Tezos, and Defi names making good gains. For example, ChainLink has hit an all-time high over the weekend with the market pundits citing near record network usage and mainstream adoption (over 45 partners since April). Strategy: Continue to load up BTC options 8-8.5k puts,,,,,
Bitcoin Price Will Ignite on September 7, Says Former Prudential Securities CEO and New Bitcoin Bull George Ball
George Ball the former chief executive of Prudential Securities and current chairman of Sanders Morris Harris has joined the growing list of traditional financial industry experts to advocate for Bitcoin as a safe have asset and hedge against inflation.
Hong Kong Firm Prima Asia to Launch Blockchain Payment in APAC
Hong Kong-based startup Prima Asia Limited said it will launch innovative blockchain payment technology in the Asia-Pacific region this year.
Tim Cook Says 'No' to Apple Launching Crypto Similar to Libra
Tim Cook, CEO of Apple made his remarks against launching an Apple cryptocurrency, the main reason is that companies should not be focusing on gaining power by establishing competing currencies.
Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"
Set out to rid the decentralized finance space, free from scammers, DeFi creators tried to patent the term ‘DeFi’. However, this was short-lived as the United States Patent and Trademark Office rejected the registered application last January.
Bitcoin Mean Transaction Volume Soars 370% from the 2019/20 Market Cycle
Transaction volumes involving big cash inflows into Bitcoin is on the rise while small transaction cash is reducing.
Why the World Needs a Blockchain Consensus Operating System
The true potential of blockchain to transform the lives of people around the world has clearly not been realised.
Bitcoin Price Surpasses $13K Shortly After PayPal’s Major Crypto Announcement
Bitcoin managed to hit a new high in 2020, and passed the $13,000 level for the first time since July 2019.
Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC
Institutional investors continue to show their confidence in BTC, given that Bitcoin in public company treasuries has surpassed 200,000 BTC.
Top 3 Cryptocurrencies To Watch This Week: BTC, DODO, ZEC
Bitcoin standing over the $61,781 mark will lead to other breakthroughs and will enable altcoins to surge. DODO and ZCash have rallied bullishly over the past week. Here's a deeper look into Bitcoin, DODO, and ZCash's price movements.
Brazil Becomes the First Latin American Country to Get Its First Bitcoin ETF
Brazil’s regulator has approved the first ever Bitcoin exchange-traded fund in Latin America.
Senate Rejects Second Stimulus, Markets Plunge and Bitcoin Price Predicted to Crash to $8,000 in September
Our analysis predicts that the Bitcoin price could crash down to $8,000 following the rejection of the United States' second stimulus by Senate Democrats.
SlowMist Reports Surge in Diverse Crypto Security Incidents for the Week of September 17-23, 2023
SlowMist, a cybersecurity firm specializing in blockchain, released its weekly security report for the week of September 17-23, 2023. The report highlights a total of seven security incidents with an estimated loss of around $380,600. The week saw a significant rise in phishing attacks and rug pull tactics, as well as the emergence of diverse attack methods like DNS hijacking and contract vulnerabilities.
CryptoPunk, Meebits Owners can now Create Commercial Projects With Their NFTs
The announcement comes following Yuga Labs' release of its long-awaited IP licensing deal for CryptoPunk and Meetbits NFT holders.
Bitcoin’s Average 30-Day Trader Returns Haven’t Dipped This Low Since Black Thursday
On-chain metrics provider Santiment revealed that the latest correction in the market has made Bitcoin’s average 30-day trader returns slip to lows not seen since Black Thursday.
The Number of Bitcoin Addresses Holding At Least 1,000 BTC Hit a Monthly Low
The number of BTC addresses holding more than 1,000 Bitcoins plummeted ``to a1-month low of 2,152.
Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate
Federal Reserve Governor Michelle Bowman, in a discussion at Harvard Law School, explored the evolving digital payment landscape, touching on CBDC, stablecoins, and the necessity for a robust regulatory framework. While recognizing the potential of digital assets, she emphasized a cautious approach, underscoring the importance of continued research and international collaboration to navigate the digital transformation responsibly.
BitMEX to Launch BMEX Token Trading on Friday
Crypto exchange Bitmex has announced it will launch the trade of its BMEX token on 11 November.
Ameren Energy Corp Unveils its Secret Bitcoin Mining Operations
Missouri-based energy generation company Ameren Corp has unveiled its secret Bitcoin mining operations near the Sioux Energy Center in the state.
No One is Losing Bitcoin Keys Anymore, says Galaxy Digital CEO Mike Novogratz
Former Goldman Sachs hedge manager and seasoned investor Mike Novogratz said that nowadays, losing Bitcoin keys just does not happen anymore.
Coinbase's Intention to Sell Blockchain Analytics Software to US Government Watchdogs Created Backlash from Crypto Community
Leading American cryptocurrency exchange, Coinbase plans to sell its blockchain analytics software called "Coinbase Analytics" to the US Drug Enforcement Administration (DEA) and the Internal Revenue Service (IRS). This decision is not sinking in well with the crypto community because the software will offer identity attribution for domestic and international cryptocurrency addresses to the US government agencies.
Terraform Labs co-founder defends against SEC allegations
Do Kwon, co-founder of Terraform Labs, has defended himself against allegations of fraud from the US Securities and Exchange Commission (SEC). Kwon’s lawyers have requested the dismissal of the lawsuit, claiming that the SEC's allegations are unfounded and that US law prohibits regulators from asserting jurisdiction over the digital assets in question. The lawyers also argued that the SEC failed to prove Kwon’s involvement in the collapse of Terra’s stablecoin, UST.
Macau Likely to be Test Bed for China's Digital Yuan: Reuters
Macau is expected to be a testbed for China's digital yuan, also known as the e-CNY, as casino operators prepare to bid for new licenses in the city for the first time in two decades.
Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption
Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.
Sparkswap Decentralized Exchange Shuts Down Citing Low User Volume
The decentralized exchange, Sparkswap which is backed by Pantera Capital has made an announcement that it is going to shut down permanently. The announcement came from the editor of Sparkswap exchange, Trey Griffith who attributed the shutting down of exchange to the low and weak user base of the exchange.
The Truth Behind Crypto and Online Gambling
Internet proliferation has enabled cryptocurrencies to emerge as convenient payment avenues in online gambling as hundreds of betting sites offer this option acting as the icing on the cake in this sector.
‘Millionaire’ Bitcoin Whales Accumulates Extra 90,000 BTC
According to Santiment, an encrypted market data aggregator, approximately 90,000 Bitcoins have been accumulated by Bitcoin whales in the past 25 days.
Significant Bitcoin Price Fall is Expected as CME Bitcoin Futures Settle Ahead of the Weekend
Wall Street’s institutional interest in cryptocurrency has been reflected by CME’s futures contracts on Bitcoin, as it can only be traded by institutional investors and professionals.
Crypto Miner Hut 8 Launches New Facility in Ontario, Bitcoin Mining Production Remains Robust
Hut 8 Mining Corp currently holds a total of 7,078 BTC on its balance sheet and continues to advance its operations by launching a new crypto mining facility in Ontario, Canada.
US Fed Chair Jerome Powell Grilled Over FedCoin Digital Currency Progress
Federal Reserve chairman Jerome Powell spoke before the US House Financial Services Committee. He was questioned regarding the central bank’s digital currency efforts, China, and Libra. He said that they are working hard on the digital currency.
EZ Blockchain Introduces Immersion Cooled Crypto Mining Data Center Containers
Crypto Mining Company EZ Blockchain Creates Immersive Liquid-Cooled Data Center, Simultaneously Unveils Newest Product for Cooling Crypto Mining Containers, SmartBox 1500i.
First Bitcoin Mixer Slapped with $60M Fine by FinCEN in Money Laundering Crackdown
FinCEN charged a Bitcoin-mixing operator with a $60 million civil money penalty for violating anti-money laundering regulations.
Canada to Become the Global Leader in the Blockchain Industry, Report Indicates
In a recently published report by the Canadian Chamber of Digital Commerce showed that Canadians in the blockchain industry are amongst the highest-earning salaries in the country. The report also noted that Canadian blockchain companies want more legal clarity, to understand where their government stands regarding regulation in Canada.
Caduceus Partners With Lord Botham To Launch Cricket Into The Metaverse
Cutting-edge Metaverse blockchain tech company Caduceus has partnered with British sporting legend Lord Botham to launch an exclusive new NFT collection on the Light Cycle platform. This bold move from the cricketing Hall of Famer introduces the world of cricket to the metaverse for the first time and showcases the endless possibilities of web3 technology.
El Salvador Ranks Top in Bitcoin Searching on Google, Follows by Nigeria
The growing interest in Bitcoin continues to draw attention from the public as El Salvador takes the helm of Google searches.
CoinList announces Bondex (BNDX) community sale with Revised Participation Model
CoinList announces Bondex's community sale with new user-friendly updates, including a 7-day purchase window and no queues. Token listing expected on June 11, 2024.
Bitcoin Faces Major Resistance at 200-Week Moving Average
Bitcoin’s consolidation in the lower $20K level continues as the leading cryptocurrency has lacked significant momentum to breach this zone.
Bitcoin Inches Closer to a Market Value of $1 Trillion
Bitcoin is making notable strides because its current bull run has resulted in its market value being a stone’s throw away from the $1 trillion mark.
CoinCorner Partners with Al Maktoum Family Office to Offer BTC Trading in UAE
CoinCorner has inked a strategic partnership with the Seed Group to offer residents of the United Arab Emirates an avenue to transact in digital currencies.
Finland Seeking Brokers for Selling $79M Bitcoin Seized from Illegal Drug Market
Finland government is looking for brokers to help the administration to enable the safe selling of seized Bitcoins.
Will Bitcoin’s Price Touch $100,000 by End of 2021?
Will Bitcoin’s rising popularity, global uncertainties and a weak U.S. dollar drive the cryptocurrencies price to $100,000 in 2021?
Elon Musk Hints at Possibility of Replacing Bitcoin Payments at Tesla with Dogecoin
After announcing via Twitter that Tesla will stop accepting Bitcoin payments, CEO Elon Musk has hinted that the auto manufacturing giant may not be done with cryptocurrencies altogether.
Carl Icahn: Possibly Get Into Cryptocurrencies up to $1.5B in a ‘Big Way’
Billionaire Carl Icahn, an American business tycoon who was sceptical of Bitcoin-led cryptocurrency before revealed in an interview with Bloomberg that it may get Into the cryptocurrency market up to $1.5B in a big way.
Litecoin Enters Top 20, Soared Over 28% in The Last 7 Days, Here Is Why
Investors are upbeat about Litecoin since the beginning of this month. The token has outperformed in the past few days, with the market cap reaching $4.91 billion.
Bitcoin’s Price Finally Showing Signs of Macro Decoupling from the Stock Market
Bitcoin has finally decoupled with the stock market, as the crypto's price has been able to maintain its strength while the stock market has been tumbling.
CleanSpark Buys 45,000 Bitmain Antminer S19 XPs for $144.9 Million
CleanSpark, a crypto miner, has purchased 45,000 Bitmain Antminer S19 XPs for $144.9 million, which will nearly double its current computing power. The first batch of 25,000 rigs will be delivered in August, with the remainder arriving in September, and they will be installed at a site in Sandersville, Georgia. CleanSpark aims to have 16 EH/s of computing power by the end of the year.
CoinFLEX Cuts Down on Staff Strength Amid Stability Woes
Updating its users on the latest for the week, cryptocurrency exchange CoinFLEX has announced that it is cutting down on its staff strength
Bitcoin's Key Support Level is at $27000-27,500 if BTC Pullbacks below $30,000, says Analyst
Alex, a market and crypto analyst, has acknowledged that the $27,000-27,500 is the critical support level, which ought to be watched.
US Tax Office Warns Coinbase Users To Declare Crypto Holdings Before IRS Clampdown
The IRS may soon start clamping down on crypto users particularly those affiliated with Coinbase exchange who do not properly report their crypto holdings.
Crypto.com Partners with Leading Tax Providers to Simplify Reporting Process
Crypto.com, a pioneering payment and cryptocurrency platform, has partnered with three reputable tax providers namely, Token Tax, CryptoTrader Tax, and CoinTracker for simplified tax reporting with the click of a button. This decision was arrived at following requests by the Crypto.com community to be tax compliant.
Exclusive: Arbitrage - the Key Business Opportunity Brought by Blockchain
Following the latest update of Paxful, Ray took a step back and shared to us his inspiration to set up Paxful and what he learnt from 11 failed startups! He then identified arbitrage as the key business opportunities by blockchain and instead of decentralization, peer to peer should be the core value preposition of Bitcoin!
Elon Musk and Joe Rogan Slam US Stimulus Money Printing and Incoming Inflation
Elon Musk appeared on the Joe Rogan Experience for the second time and had a few choice words regarding the coming inflation and creative monetary issuance coming into play due to the COVID market meltdown.
Coinbase Officially Enters Canadian Market with Interac Integration and One Trial
Coinbase enters Canada, integrating Interac for seamless transfers and introducing a 30-day trial of Coinbase One with zero trading fees for Canadians.
Crypto Miner BIT Mining Raises $50M through Private Placement to expand its Mining Business Abroad
A Shenzhen-based cryptocurrency miner, BIT Mining, announced it will raise $50 million through private placement to expand its mining business to overseas markets abroad.
Argo Blockchain Announces 1st Quarter Financial Results
Argo Blockchain has released its financial report for the first quarter of 2022. It showed total quarterly revenue of $19.52 million, up from $17.84 million in the same period last year, attributed to an increase in hash rate over the past year.
ApeCoin DAO Signs Off on a $4.4M Bug Bounty
ApeCoin DAO has agreed to launch a $4.4M bug bounty on ImmuneFi
Top Coins to Watch This Week: BTC, ADA and LRC
The trend set by digital currencies has given a new leap to many cryptos and here are those picked out to watch this week.
Bitcoin Cash (BCH) Hard Forks into Two New Blockchains Following Disagreement on Miner Tax
Bitcoin Cash (BCH), a hard fork from Bitcoin, has once again split and created two new blockchains after a disagreement between two BCH clients.
Grayscale Predicts Bitcoin Price and Use-Cases to Increase as Economic Inflation Accelerates
Grayscale believes that the US floating the economy with aggressive quantitative easing has seen Bitcoin investors convert to long-term holders
Ethereum Open Interest Hits All-Time High as 100% of ETH Addresses in Profit
Ethereum open interest hits an all-time-high and 100% of ETH addresses are now in profit.
DeFi Reaches Record High of $13.7 Billion in Total Value Locked
The decentralized finance sector has reached a new all-time high of $13.69 billion in total value locked (TVL).
Bitcoin Still Needs Time to Form a Resilient Bottom, Glassnode Suggests
A report from Glassnode suggests the Bitcoin (BTC) market still has not touched the bottom, despite capitulation happening.
Bitcoin Ordinals: Over 30M Inscriptions with $50M in Accumulated Fees
As of recent data from Dune Analytics, the Bitcoin Ordinals Protocol has seen a total of 30,329,662 inscriptions, with an accumulated fee of ₿1,998.1707 (Bitcoin), equivalent to approximately $51,681,834 USD. These inscriptions, known as "Bitcoin-native Digital Artifacts," allow users to embed data directly into the Bitcoin Blockchain.
Bitcoin Surges Past $24,000 for the First Time, Market Analysts Predict What’s Next for BTC
On Saturday, Bitcoin leaped to record a high of $24,000 for the first time as it enjoys a strong momentum through the year.
Coinbase Amplifies Anti-Terrorism Financing Measures Through Blockchain Analytics
Coinbase, on October 17, 2023, outlined its robust measures to curb terrorism financing and other illicit activities through a rigorous compliance framework and blockchain analytics. The discourse emphasizes the importance of regulatory clarity in the U.S to minimize offshore risks associated with digital assets. With a dedicated team and technological tools, Coinbase demonstrates a proactive approach in maintaining the integrity of the crypto ecosystem.
FlamingoDAO NFT Portfolio Valuation Touches $1B
FlamingoDAO's NFT portfolio is now worth an estimated $1 billion, DAO's members and reports from Forbes confirmed.
Cryptocurrency Soars in Q1 2023
CoinGecko's Q1 2023 Crypto Industry Report shows Bitcoin as the best-performing asset, with a gain of 72.4%. DeFi and NFTs have also surged, while stablecoins saw a drop in market cap due to Binance USD shutdown and USDC depeg. The overall market capitalization reached $1.2 trillion at the end of Q1.
NCR Corporation Acquires Crypto ATM Provider LibertyX to Introduce a Complete Digital Currency Solution
Atlanta-based leading enterprise technology provider NCR Corporation in Georgia State announced the acquisition of cryptocurrency software provider & cryptocurrency ATM provider LibertyX.
Bitcoin’s Lightning Network Capacity Crosses 5,000 BTC Benchmark
The capacity of Bitcoin’s lightning network has crossed the 5,000 BTC benchmark, data shows.
North Island Ventures to Invest $125m in 30 to 40 Emerging Crypto Firms
North Island Ventures said in a statement that is launching a new $125 million investment fund to execute 30 to 40 early-stage investments in emerging crypto and Web3 companies and protocols.
Coinbase CEO Brian Armstrong Ponders Mass Cryptocurrency Adoption on Twitter
Brian Armstrong, Coinbase CEO, believes that blockchain will help the crypto space to reach 5 billion users.
Tesla Bull and ARK Invest CEO Cathie Wood Thinks more Tech Companies Will Eventually Buy Bitcoin
CEO of Ark Invest Cathie Wood predicts that more firms will onboard the institutional wave backing Bitcoin, which will consequently drive up BTC's price.
Crypto Is Going to Make Many People Wealthy, says Market Analyst
Market analyst and trader Michael van de Poppe believes that crypto is going to make many people wealthy.
El Salvador's Bitcoin Adoption Lower than Expected: Survey
The level of adoption of Bitcoin, the new legal tender in El Salvador is technically at a low ebb, at least, compared to what is being portrayed in the media, a survey suggests.
MicroStrategy Acquires Extra 13,005 Bitcoins, Owning Over 100,000 BTC
MicroStrategy CEO Michael Saylor confirmed the firm acquires additional 13,005 Bitcoins, by spending roughly $489 million in cash at an average price of around $37,617 per bitcoin. The company now owns over 100,000 BTC.
Despite Bear Market, Bitcoin Adoption Has Continued As Usual
There’s no denying the fact that the last six months have been quite brutal for the crypto market, as is made evident by the fact that the total capitalization of this rapidly evolving space has dropped from approximately $3T to $1T, representing a net loss of approx. 60%. Bitcoin, in particular, has shed 70% of its value since hitting its all-time high of $69,000 last November.
Ethereum Price on the Verge of Surpassing its All-Time High of $1400, Bitcoin Consolidates
Ethereum’s price has been on the rise, up 11% in the last 24 hours. On its end, Bitcoin has been consolidating and trading above the $35,500 level.
Studying Bitcoin Always Lead to Investing in it: Skybridge Capital CEO
Scaramucci pointed out that those who do their homework by studying cryptocurrency are always fascinated by its potential and invest in it.
First in the World? Lithuania Central Bank Approved Blockchain-based Digital Collectible
Implementing a unique new idea will be the Bank of Lithuania in introducing the world’s first blockchain – based digital coin collectible.
Russian Official Advocates Legalization of Bitcoin Mining
In a dramatic twist, the Russian Deputy Minister of Energy Evgeny Grabchak is pushing for the regulation of Bitcoin mining given the current realities in the country.
Yuga Labs to Raise $50m by Launching New NFT Collection "Mecha Apes"
Yuga Labs, the startup that developed the Bored Ape Yacht Club (BAYC) series of NFTs, plans to launch a new NFT series, “Mecha Apes”, by the end of this year.
LSG Group Says Crypto Exchanges Dealing in Russia Could See Setbacks
The head of the London Stock Exchange Group said that cryptocurrency exchanges engaging with Russia could see negative consequences as Western governments look for ways to tackle Moscow's invasion of Ukraine.
NYSE Files Trademark Application to Trade NFTs
The New York Stock Exchange (NYSE) said it filed a trade NFT trademark application with the United States Patent and Trademark Office (USPTO) on February 10, aiming to enter the world of the Metaverse.
Governments Are Considering Welcoming Bitcoin Investments, NYDIG CEO Reveals
In an interview with Real vision media firm, Robert Gutmann, the CEO of cryptocurrency investment firm NYDIG, has revealed that unnamed state-owned investment funds have been approaching the crypto investment firm with inquiries about making Bitcoin purchases.
Galaxy Digital CEO Michael Novogratz on Bearish Bitcoin, Libra Hearing and Regulator Angst
Michael Novogratz, CEO, and Chairman of Galaxy Digital recently appeared on CNBC’s “Squawk Box” where he answered questions on Bitcoin’s bearish trend, Zuckerberg’s appearance on Capitol hill and the sentiment driving regulators of the crypto market.
BitMart to Compensate by its Own Funding, Covering Loss of Security Breach for Victims amid Hacking
BitMart CEO revealed that the company will use their own funding to cover the security breach that saw hackers withdraw about $150 million of cryptocurrencies and compensate the victims whose money was stolen.
Universal Music Label Acquires Ape NFT to Build Virtual Music Group
Universal Music Group has bought one of the popular NFT to build a virtual music group, according to Reuters.
Grayscale Bitcoin Trust Purchases another 10,000 BTC, Surpassing $22 Billion in AUM
Grayscale Bitcoin Trust has gone from $3 billion in assets under management (AUM) to around $22.9 billion now.
Meta's Metaverse Division Reports 3rd Quarter Loss of Over $3.7B
Meta's Facebook Reality Labs division has reported a third-quarter loss of over $3.7 billion, making only $285 million, according to its earnings report released on Wednesday.
3.6 million Americans Likely to Pay by Crypto This Year, Survey Shows
The year 2022 holds a lot of promises for the broader digital currency industry as a forecast from Insider Intelligence shows adoption of crypto payment will continue to rise.
MintDice—Rolling the Dice on Trust
MintDice is an online cryptocurrency casino that leverages the immutable trust-machine Blockchain. No, blockchain does not magically turn losers into winners or improve their odds, but players on the site will be able to know for certain that the odds didn’t change mid-spin, the game was played properly, and the stakes were real on both ends.
Eastern Europe Hotbed For Darknet As Ransomware Activity Increases
A recent study from Chainalysis has found that darknet operators are responsible for a disproportionately large share of the crypto market in Eastern Europe.
Vitalik Buterin Is Named Headline Speaker at ETHToronto 2022
ETHToronto, the official Hackathon of the Blockchain Futurist Conference, is coming to Toronto on August 8-10, 2022 as part of an event that will be graced by Canada’s brightest crypto mind, Vitalik Buterin.
Turing College Receives Tezos Foundation Grant to Help Developers Enter the Web3 Ecosystem
Turing College (YC W21), an online school for web2 developers, announced it is collaborating with the Tezos Foundation to create courses focused on simplifying developers transition from web2 to web3 The Tezos Foundation provided a grant to create a one to two month specialization course on Tezos smart contracts development, featuring practical capstone projects on smart contracts, NFTs and DeFi.
Prepare for Bitcoin’s Early Adopters (They’re Not Who You Expect)
As the opt-out movement gains steam, another group of people may end up pushing crypto into the mainstream: old people and business leaders.
Litecoin Trading Volume Spikes 55% After Pornhub Adds LTC As New Payment Method
The transaction volume of Litecoin spiked by 55% two days after Pornhub added LTC as a new mode of payment.
Bank of China Launches e-CNY Smart Contract Product for Off-campus School Education
The Bank of China, in collaboration with the Education Bureau and financial authorities of Longquanyi District, Chengdu, has launched an educational electronic RMB smart contract prepaid fund management product, according to Chinese news media Sohu.com.
Best Performing Altcoins Review: FLOW, QNT, DCR
With varying fundamentals driving their inherent growth, Flow (FLOW), Quant (QNT), and Decred (DCR) are the three altcoins expected to become the next wave of bullish momentum in the crypto ecosystem.
Bitcoin ATMs Reign Supreme in East and South London
The confidence of residents of East and South London has been boosted as they no longer have to fear crypto scams based on the flourishing number of Bitcoin ATMs. Based on statistics availed by BCB ATM, an operator of Bitcoin ATMs in East London, these machines are used 30 to 40 times daily.
Bitcoin is a Good Long-Term and "Plan B" Investment for Black Investors, says KRBE Digital Assets Group Co-Founder
Isaiah Jackson, the author of “Bitcoin & Black America”, described cryptocurrency as a way to address income inequality in society.
Forbidden Wealth: 80,000 Bitcoin Abandoned for Nearly a Decade
A BTC wallet address said to be associated with the now-defunct Mt. Gox Exchange holding an estimated 80,000 Bitcoin worth around $800 million is said to be untouched revealed by a source on Feb 17.
Bitcoin, Crypto and Porn: Will the Adult Industry Boost the Market?
The adult porn industry is a massive sector. Will it give crypto adoption a boost in the right direction? With many coins already in use, what has happened?
London Stock Exchange Acquires Cloud-based Tech Provider TORA for $325M
London Stock Exchange Group (LSEG) plans to buy U.S. cloud-based technology provider TORA for $325 million. The deal will add digital currency assets to its exchange to meet growing investor demand for diversified investment tools.
Crypto Exchange Zipmex Granted 3-Month Protection from Singapore Court against Creditors
Zipmex, Asia's leading digital asset exchange, said it had won creditor protection from the Singapore High Court for more than three months, gaining time to address liquidity issues.
Bitcoin’s Parabolic Price Run Pushes the Cryptocurrency's Market Cap Above $1 Trillion
Bitcoin's current bull run has served to push the world’s first and biggest cryptocurrency to a market capitalization of $1 trillion.
Goldman Sachs Tells Investors Bitcoin Not Worthy of Investment
The recent announcement that Goldman Sachs would be holding an investor conference call event to further discuss inflation, gold, and Bitcoin had captured the attention of the entire cryptocurrency industry. The investment bank called investors to discuss the “US Economic Outlook & Implications of Current Policies for Inflation, Gold, And Bitcoin”.
Telegram's Toncoin Partners With 'Donate' for Subscription Payments
Telegram’s brainchild, TON Blockchain has partnered with the social media giant’s verified payment protocol ‘Donate’ to use its native token ‘Toncoin’ for subscription payments, amongst other things.
Hong Kong Protests Powering Through Bitcoin Adoption
The Hong Kong protests, which has now entered its 12th week, affected Hong Kong’s economy, including the property market, stock exchange, shop owners, and banks.
Web3 Platform Angelo Prepares to Reimagine Physical Art Collection
Angelo, an investment platform tying physical fine art to NFTs, has announced its launch. The web3 platform aims to add a more tactile component to the abstract concept of NFT ownership.
Core Scientific Set for Post-Bankruptcy Revival with NASDAQ Relisting
Core Scientific is set to emerge from bankruptcy in January 2024, with plans to distribute convertible notes and stock, and relist on NASDAQ, marking a significant turnaround for the Bitcoin miner.
$265M in BTC Withdrawn from Binance in 2018 Suspected of Money Laundering
A Bitcoin address, 1EU2pMence1UfifCco2UHJCdoqorAtpT7, has been accused of laundering $265 million through Bitcoin mixers. The transactions, which were all on-chain, have sparked debate among crypto enthusiasts.
CFTC’s New Chief Supports Blockchain Technology
The Commodity Futures and Trading Commissions, CFTC appointed a new chief who is also pro-crypto. Just as his predecessor J. Christopher Giancarlo, appears to have supported the established pro-crypto/pro-blockchain approach. In a recent interview, the newly appointed chief, Heath Tarbert gave a favorable opinion of blockchain technology.
Marathon Digital Says Generated 707 BTC with YoY Increase of 8% in 2022 Q2
Marathon Digital Holdings, Inc. revealed that the cryptocurrency mining firm had mined 707 bitcoins, an increase of 8% year-over-year in the second quarter of 2022.
HIVE Digital Completes $28.75 Million Financing via Special Warrants to Bolster Bitcoin Mining
HIVE Digital Technologies raised CAD $28.75 million through the sale of 5,750,000 special warrants, supporting Bitcoin mining operations and corporate purposes.
Gemini Exchange Inks Deal with Samsung to Boost Crypto Adoption
Gemini, a leading American crypto exchange, has struck a deal with tech giant Samsung Electronics to bring crypto closer to Samsung Blockchain Wallet users in Canada and the United States. This integration will make users connected to the Gemini mobile app where they can buy, sell and trade cryptocurrencies.
El Salvador Standing by to Rollout 200 ATMs for Converting Bitcoin to Cash
El Salvador is preparing to launch the initial 200 ATMs that will enable conversion of Bitcoin to cash. President Bukele said that the use of Bitcoin will not be mandatory.
El Salvador’s Nayib Bukele Foresees "Gigantic Price Increase" in Bitcoin
President Nayib Bukele has showcased his level of trust in the price of Bitcoin (BTC) soaring to new levels through a new tweet shared on Monday.
Max Keiser Expects Other Enterprises to Acquire Bitcoin Following MicroStrategy’s Lead
Max Keiser believes that shareholders will demand other corporations and big companies to convert their cash reserves into Bitcoin, just like MicroStrategy corporation has done.
Uniswap Surpasses $2 Billion in Total Value Locked Amid KuCoin Hacker Dumping on the DEX
Decentralized exchange platform Uniswap, recently became the first decentralized finance (DeFi) protocol to surpass $2 billion in total value locked (TVL).
Asia's First NFT-backed ‘Crypto Keepers’ Drama Series Officially Launches
AMM Global announced a pairing partnership with Phoenix Waters Productions to launch Asia’s first NFT drama named ‘Crypto Keepers’.
Solana Takes the Helm as the Most Staked Crypto, Cardano Goes Second
Even if Ethereum takes the lion’s share in DeFi, Solana is the victor when it comes to staking with a value of $78.49 billion.
U.S. Democrats Propose Bill to Restrict Russian Crypto Use amid Ukraine Crisis
U.S. Democratic senators have proposed a bill that intends to impose sanctions on foreign cryptocurrency companies that have partnerships with Russian entities, preventing them from bypassing U.S. sanctions.
Ethereum’s Price Going through the Roof, Subject to Renewed Interest from Short-Term Traders
Ethereum’s surge to historic highs has renewed the discussion of whether the altcoin season is back as short-term traders' interest soars.
19 of the World's Largest Banks Hold Nearly $9B in Digital Assets: Basel Committee Survey
According to a survey by the Basel Committee, global banks hold nearly $9 billion in digital assets, and banks holding crypto assets may account for only 0.01% of total Bank for International Settlements (BIS) exposure.
Paypal's Crypto Services to Land in UK this week
Digital payment giant Paypal said the company will officially launch its cryptocurrency service in the UK this week. Customers are expected to enjoy at least four cryptocurrency trading services.
Large Institutional Transactions Take the Lion’s Share of Bitcoin Volume at 99%
Institutional demand for Bitcoin does not seem to be fading based on the large transactions volume witnessed, according to a report by IntoTheBlock.
HKSFC Guidance on Virtual Asset Fund Managers: The 4 Key Takeaways
The Hong Kong Securities and Futures Commission (HKSFC) released the latest guideline “Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets”, providing further guidance on fund dealing and virtual asset fund management.
Bitcoin Water Trust Receives Over $1.3M BTC Donations For Charity within Three Weeks
The famous New York-based non-profit organization "Charity: water" has recently introduced the Bitcoin Water Trust establishment during the 2021 Miami Bitcoin Conference. The trust fund has received worth more than $1.3 million BTC donations within three weeks of the trust's launch.
NexChange Interview Series – Adam Vaziri, CEO of Blockpass, Part 2
“You can spend a tremendous amount of time and effort on building regulations, but you are actually looking into the rear-view mirror, as the industry has already moved on.” Sign up for Block O2O event “STO: Blockchain Powered Next-level Fintech” on Nov 5th 2019 and get to listen to Adam and Blockpass team’s vision of STO operational hurdles and solution – in person!
Mozilla Foundation Backtracks on Accepting Cryptos after Backlash
Mozilla has reversed its stance on accepting cryptocurrencies after facing backlash over concerns about the impact cryptocurrency mining has on the environment.
Dubai Economy Moves to Blockchain-Based Unified Business Registry Platform
Dubai’s Department of Economic Development has announced its move to a Unified Business Registry Platform (UBRP). The UBRP is hosted on the innovative Blockchain Platform as a Service (BPaaS) of Dubai Pulse which is a joint initiative of Smart Dubai and du.
North Korea Is Making Its Own Version of Bitcoin
The hermit state is reportedly in the early stages of creating its own cryptocurrency, Vice News reports.
Financial Services Reforms Advance UK Crypto Ambitions
The U.K. Chancellor of the Exchequer, Jeremy Hunt, laid out a number of reforms aiming to "drive growth and competitiveness" to the country's financial services sector. The reforms include consulting on proposals for the establishment of a central bank digital currency (CBDC), extending a crypto tax break for investment managers and creating a sandbox that lets firms and regulators test new technologies.
DApps Development Platform Moralis Raises $40m in Series A Funding
Moralis, a blockchain development platform for web applications, announced the completion of a $40 million Series A round, according to Bloomberg.
Ethereum’s Market Capitalization of $500 Billion Will Need To Double to Flip That of Bitcoin
Ethereum’s remarkable bull run has pushed its market capitalization to the $500 billion level for the first time.
Craig S Wright Challenges Cypherpunk Interpretation of Bitcoin
Dr. Craig S Wright criticizes the cypherpunk movement for misinterpreting Bitcoin's goals, emphasizing on Twitter and his blog the importance of legal frameworks in cyberspace. He highlights the growing global regulations due to cybercrime, and explores blockchain technology's potential and the necessity of legal adherence for its evolution across various sectors.
Indian Exchanges are all Out on Crypto With Ads Ahead of Coming Festive Season
Indian crypto exchanges are planning huge ad campaigns to attract new users ahead of the upcoming festive seasons.
"I Still Take Salary in Bitcoin", Miami Mayor Suarez Says at Davos
Despite a plunge in the recent crypto crash, Miami Mayor Francis Suarez said that he is still optimistic about crypto, who accepts Bitcoin payment for his salary since last November.
Bitcoin is Still on Track of Hitting $100K in the Long Term, OKCoin CEO says
Speaking on an interview Wednesday, Hong Fang, the CEO of crypto exchange OKCoin, opined that Bitcoin reaching $100,000 would not be a problem in the long term.
Arab's Financial Security Publishes a Tentative Draft Resolution for Crypto Regulations
Securities and Commodities Authority in the United Arab Emirates released a draft containing their tentative resolutions on how the crypto market will be regulated.
New Bakkt Study Shows Ongoing Crypto Interest and the Need for Regulation
A recent study by Bakkt Holdings Inc (NYSE: BKKT) reveals that people's interest in cryptocurrencies remains strong despite recent market fluctuations.
Federal Reserve Holds 0% Interest Rates until 2023, Targets Over 2% Inflation—BTC Price Breaks $11,000
Bitcoin price spikes as Federal Reserve officials of FOMC said they will hold US interest rates close to zero and will continue to push inflation above 2% by 2023.
Crypto Exchange Refuses to Give Up Dissident Names to Belarus Government
Belarus government officials have demanded that a Kuna.io crypto exchange disclose the names of potential dissidents that have leveraged their services.
Retail Momentum on the Bitcoin Network Slows Down by BTC’s Sinking Social Sentiment
Crypto analyst Joseph Young noted that a slow down in retail momentum and miners moving out of China were affecting Bitcoin.
Robinhood's Crypto Revenue Collapse, Records 78% Decrease in Q3
Robinhood Markets Inc’s crypto trading revenue has been staggering. Its crypto revenue totalled $233 million in Q2 and $51 million in Q3, marking a 78% decrease compared to the previous quarter.
Why the proof-of-work chain is a solution to the Byzantine Generals' Problem
Why the proof-of-work chain is a solution to the Byzantine Generals' Problem
OpenSea Signals Integration of Solana NFTs by April
Solana NFTs will be available for buying and selling on OpenSea's website by April, the company signalled via a video on Twitter.
Volatility Rocks The Market as Altcoins Ignite Following Bitcoin’s New All-Time High Price Rally
As Bitcoin surges above $22,000 to an all-time high record, the altcoins also saw gains but the market is currently characterized by extreme volatility.
Jul 17 Trading Analysis: Even the best pandemic stock couldn't move the needle on earnings
BTC continues to snooze while ALTs continue to put on their dancing shoes with some DeFi names tracking double digit gains on a daily basis this week. If DeFi isn't enough, payments segment is also getting a bid on with Stellar making an announcement that they will be made available on Samsung mobile phones. So what if crypto celebrities and company twitter accounts got hacked, Bitcoin just had another free advertising campaign courtesy of these hackers. Bank of Thailand is also making greater progress in its central bank digital currency as it heads into Phase 3.
Coinbase Considers Support for 18 New Cryptos Including VeChain, Prompting Higher Prices
Coinbase is considering adding a new range of digital assets, including VeChain, Aragon, Bancor, Siacoin, Origin Protocol, and Ren to its potential listings.
Bitcoin’s Adoption Rate Puts Price at $100,000 by the end of 2021 and 30% of the World Owning BTC in 4 Years
Crypto analyst Willy Woo recently highlighted that with the Bitcoin adoption rate witnessed in history, 30% of the world would own Bitcoin in 4 years' time.
NSAV Partners with MNC to Launch First Multi-token Blockchain Home Mining Rig HIVE
Net Savings Link, Inc., a technology services company for the digital asset industry, announced a partnership with Metaverse Network LLC to release HIVE - the first multi-token-enabled blockchain home mining device.
Marathon Digital reports a 229% revenue increase in 2023
Marathon Digital reports a stellar 229% revenue increase in 2023, marking a significant turnaround with record BTC production.
Top 8 Credible Blockchain News Websites That Are Worth Reading in 2020
You might be familiar with the term “blockchain” if, during the recent years, you have been using cryptocurrency. Yet, if you search about it, you may find different definitions. We bring you one simple version: blockchain is a list of records, also known as a database or a” public book” that records bitcoin transactions.
DeFi Reaches $12 Billion in Total Value Locked as Ethereum Transacts 2X More Than Bitcoin Daily
The growth of the DeFi industry has led to an explosive increase in popularity in Ethereum-compatible stablecoins.
Gold’s Rally Isn’t Over—Here’s What It Means for Bitcoin
Gold faced its biggest daily drop in seven years last week, just shortly reaching its all-time high. What does this mean for Bitcoin?
The Number of Non-Zero Ethereum Addresses Hit an ATH
The Ethereum (ETH) network continues to attract more participants because the number of non-zero addresses broke the record at 66,552,716.
Arthur Hayes Talks about BTC and SPX Post U.S. BTC ETF Launch
Arthur Hayes has highlighted the evolving relationship between Bitcoin and the S&P 500, raising questions about market dynamics, liquidity, and future asset trajectory.
Neutral Third Party to Examine Celsius' Finances
A neutral third party is set to examine the finances of Celsius Network which earlier this year filed for Chapter 11 bankruptcy.
Blockchain Delivers a Glimpse of Future Innovation Today
A brief look at how the energy market and consumers will benefit from blockchain technology in the near future.
US Travel Firm CWT Paid $4.5 Million in Bitcoin to Get Computer System Back from Hackers
US travel management company CWT paid $4.5 million to hackers who stole sensitive corporate files. CWT has a global clientele and is the fifth-largest US travel company. The firm boasts an estimate of $1.5 billion in annual revenue and claims that it represents more than a third of companies on the S&P 500 U.S stock index.
Riot Blockchain Mines 318 BTCs, Decreased 28% Compared Last July
Colorado-based bitcoin mining company Riot Blockchain Inc. announced that it produced 318 BTC in July, a decrease of about 28 % from 443 BTC in July last year.
Indian Engineering Students Develop Blockchain-based Smart Voting System
Three Computer Engineering Students have created a Blockchain-based Voting System which will allows casting of votes online, instead of the manual means of standing in a poll.
Blockdaemon Empowers Web3 Developers and Institutions to Run Their Own Collator Nodes on Astar Network
Astar Network, the innovation hub on Polkadot, is thrilled to announce that it has integrated Blockdaemon, the world’s largest institutional-grade blockchain infrastructure company for node management and staking, as a collator. The partnership will enable Blockdaemon’s institutional and individual users to start their own collator nodes with Astar Network.
As Bitcoin Stares at the Psychological Price of $20,000, Will it Hold?
After months of consolidation between the $28K and $32K zone, a bullish or bearish run was imminent, and Bitcoin (BTC) has taken the latter route.
Substack Plans to Start Accepting Bitcoin Payment for Digital Subscriptions
Online publishing platform Substack has announced plans to begin accepting Bitcoin for digital subscription payments.
NEOPIN Signs Strategic Partnership With Cube Entertainment
NEOPIN, a blockchain subsidiary of NEOWIZ Holdings(KOSDAQ: 042420), announced on July 7th that it has signed a strategic partnership with Cube Entertainment (hereinafter “Cube”) to establish a global blockchain ecosystem.
Bloomberg’s Damning Report on Tether Receives Response from the Stablecoin Issuer
Where is Tether keeping its stablecoin reserve? A Bloomberg reporter has asked this and many more questions. Tether fires back as the allegations are made.
Bakkt Announces the Promotion of the Company’s Former Chief Product Officer to CEO
Having previously worked in Google and PayPal, Mike Blandina is to leave his position as Chief product officer of Bakkt, for his new role as CEO. The chairman of ICE has expressed strong confidence in his ability to steer the company to excellence.
Breaking: Visa Expands Stablecoin Settlement On Solana
Visa has expanded its stablecoin settlement capabilities, incorporating the Solana blockchain and initiating pilot programs with merchant acquirers Worldpay and Nuvei. The move aims to modernize cross-border money movement by leveraging stablecoins like Circle's USDC. Visa has conducted live pilots, transferring millions of USDC between partners over Solana and Ethereum blockchain networks to settle fiat-denominated payments authorized via VisaNet. The new settlement options enable Visa to send funds on-chain to acquirers like Worldpay and Nuvei, serving various sectors.
Bitcoin is a Freedom Friendly Type of Currency- Sen Cynthia Lummis
Senator Cynthia reiterated the role of Bitcoin as a freedom tool against oppressive governments.
Altcoin Watch: Top 3 Tokens for Better Entry- QNT, HT & AR
The combined crypto market cap was down 0.31% and pegged at $921 billion. With the seemingly bearish trend, here is a brief rundown of altcoins entering the new week with an impressive weekly performance.
Binance's New Blockchain Platform Aims to Build Web3 Infrastructure
BNB Chain stores storage metadata, while third-party storage providers store data.
Financial Stability Board Finalizes Global Crypto Asset Regulatory Framework
FSB finalizes a global regulatory framework for crypto assets, aiming for consistent regulation. The framework includes high-level recommendations for crypto-asset activities and stablecoins.
ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite
ARK Invest and 21Shares have launched a suite of digital asset ETFs, combining crypto-specific insights with traditional investment indicators, focusing on Bitcoin and Ether futures.
Reuters: Binance Australia Users Rush to Sell Bitcoin Amid Payment Issues
According to a recent report by Reuters, Bitcoin prices on Binance's Australian platform were almost A$9,000 lower than those on rival exchanges on Tuesday.
Dai Stablecoin Reaches 100 Million in Debt Ceiling – An All-Time-High
The Dai (DAI) stablecoin reached the protocol’s built-in debt ceiling of 100 million as there has been 100 million Dai tokens minted. The nearly two-year-old stablecoin project had an original debt ceiling of 50 million, which was raised to 100 million in July 2018.
"Cryptocurrencies are the Future of Money, Bitcoin Is Not" says Economist
Professor Steve Hanke says that cryptocurrencies backed by a currency board are the future of money, but not Bitcoin.
SEC Rejects VanEck Spot Bitcoin Trust Proposal
The United States Securities and Exchange Commission has denied the proposal for a spot Bitcoin trust by investment manager VanEck. This decision follows a trend of the SEC denying every application for a spot Bitcoin trust over the last six years. Two SEC commissioners have released a statement criticizing the decision and alleging a double standard in the Commission’s approach to commodity-based exchange-traded products (ETPs).
Binance-Backed WazirX Exchange to Delist USDC, USDP & TUSD
Indian crypto platform WazirX has announced it will be delisting USD Coin (USDC), USDP, and TUSD in a move that is similar to its so-called parent company, Binance Exchange.
OKEx Adds Ether Options to Help Crypto Traders Exploit Market Volatility
Cryptocurrency exchange OKEx announced that it is adding two new services to its platform. The Malta-based exchange launched its ETH (Ether) options contracts on June 4. The exchange also announced that it will launch the EOS/USD options on June 18. The company also stated that they have placed 1000 Ether in the Ether options insurance funds to prevent any possible clawback. The exchange is one of the largest cryptocurrency trading and derivative platforms.
UK Research Shows 66% Control of Hash Rate is Coming From China
Reporting on a study developed by UK based company CoinShares, as much as 66% of global hash rates come from and are controlled by Chinese Entities.
Amazon Denies Accepting Bitcoin Payments, BTC Price Drops Afterward
E-commerce giant Amazon denies a rumour from media report that the company may accept Bitcoin payments by the end of this year.
Grayscale's Court Victory Influences SEC's Landmark Approval of Bitcoin ETFs
The U.S. SEC, under Chair Gary Gensler, has approved several spot Bitcoin ETFs, a significant regulatory shift influenced by a court victory by Grayscale. This decision marks a new era in cryptocurrency regulation, signaling greater acceptance and potential mainstream adoption of digital assets.
Silvergate Bank Earns Nearly $60m in Q1, Net Income Hits $24.7m
American Commercial bank Silvergate Capital, a bank focused on digital currencies, reports financial results for the first quarter of 2022.
Uber CEO Reveals the Firm Will Consider Accepting Bitcoin as Payment
Uber CEO has said that the company is open to accept Bitcoin as a means of payment, but won’t purchase the cryptocurrency for its corporate balance sheet.
Cryptocurrency Industry Nears a $1 Trillion in Value Thanks to Bitcoin and Ethereum
The crypto market’s total value is edging closer to the $1 trillion mark thanks to its notable uptrend in recent weeks and the bullish gains of BTC and ETH.
Crypto Firms Make Job Cuts Amidst Ongoing Crypto Winter
Protocol Labs, Chainalysis, and Bittrex slashed 216 employees during the crypto winter.
Strong Hands Have Been Pushing Bitcoin Price Steeply Upwards Since Q4 2020, says Crypto Analyst
Popular market analyst Willy Woo has revealed that strong hands are the engine behind the current Bitcoin bull run because serious investors have been buying every dip.
Visa’s Head of Crypto Makes Argument for Bitcoin Micropayments
The term “smart contracts” was invented by Nick Szabo, who stated the issues of micropayments and mental transaction costs. These problems were classified as “uncertain cash flows, incomplete and costly observation of product attributes, and incomplete and costly decision making.
Mark Cuban Discusses Dogecoin with Ellen DeGeneres as DOGE Adoption Surges
Mark Cuban has given Ellen Degeneres a brief rundown on Dogecoin and NFTs.
Bitcoin Price Not Everything Says Bitfinex CTO, as BTC moves Sideways
The Bitcoin price has stagnated, trending sideways between $32,000 and $34,000—but recognizing BTC’s true value is not all about price says Bitfinex CTO Paolo Ardoino.
Europol Places Bitcoin Mixer Wasabi Wallet on its Radar for Promoting Dark Web Transactions
The general regulatory difficulty experienced by Bitcoin and altcoins lie in the skepticism of regulatory agencies due to their cryptographic nature. Transactions are generally obscured as privacy is the watchword. This creates a source of concern as the likelihood of the currencies being used in dark web transactions is high. Monitoring agencies have been able to fight this partly by ensuring companies or firms that will be involved with digital currencies adhere to some compliance clause.
Bluzelle Launch Looms as Decentralized Storage Goes Mainstream
Bluzelle, the decentralized data storage platform, is preparing for the launch of its mainnet on February 3, ushering in a new era for censorship-resistant data storage.
Bitcoin Withdrawals from Exchanges Surge to a 17-Month High
New data from Glassnode reveals that Bitcoin (BTC) withdrawals from crypto exchanges have hit a 17-month high of 2,288.125.
TON Foundation Launches Open League with $115 Million in Community Rewards
TON Foundation kicks off the Open League Season 1, with $115 million in Toncoin rewards for community engagement and project growth on the TON blockchain.
Coinbase CEO Avoids Mainstream Media, Prefers YouTube, Podcasts and Blogs
Brian Armstrong the Coinbase CEO, has joined the list of cryptocurrency executives who prefer to leverage their own blogs and platforms to distribute information to the media, as opposed to direct contact with any journalists.
Blockchain Unleashed at the United Nations General Assembly on the Global Crisis
Greta Thunberg, the 16-year-old has been on the headlines for the global climate crisis movement and has delivered a compelling speech at the 73rd United Nations General Assembly (UNGA).
Terraform Labs Co-Founder Indicted for Terra Stablecoin Collapse
Shin Hyun-seong, co-founder of Terraform Labs, has been indicted along with nine other individuals for the collapse of the Terra stablecoin ecosystem. They are accused of fraud, breach of trust, and embezzlement, with illicit profits of nearly $350 million suspected. Prosecutors have seized assets worth a total of $180 million.
Bitcoin’s Perpetual Swap Open Interest Slips below $11B for the First Time Since August
The recent drop in the crypto market price made BTC’s perpetual swaps open interest to fall below $11 billion for the first time since August 5.
Major Strip Club in Las Vegas Crazy Horse 3 Accepts Bitcoin as Payment
Las Vegas-based adult strip club Crazy Horse 3 has announced the acceptance of bitcoin as a payment method, aiming to provide customers with a more private way to enjoy facilities and services.
Hong Kong with its Incredibly Unique Positioning in FinTech
In the second part of our interview with Peter Mok, Head of Incubation and Acceleration Programs at the Hong Kong Science and Technology Park (HKSTP), he went into detail on the initiatives they have developed to combat the global talent shortage, bring Hong Kong’s lagging Fintech industry up to speed and he tells us how blockchain startups can leverage the Hong Kong-Shenzhen Innovation and Technology Park.
Bitcoin Billionaires Movie to Tell the Winklevoss Twins’ Story
The Winklevoss brothers have teamed up with Stampede Ventures to bring their best-selling biography, ‘Bitcoin Billionaires’ to the big screen.
Bitcoin is Showing Great Resilience Considering the Surging 10-Year Treasury Yield
Crypto analyst and investor Joseph Young has disclosed that BTC is showing considerable resilience despite unfriendly market forces like the surging 10-year treasury yield.
Study Says Global Cryptocurrency Adoption Pegs at 19%, H.K. Ranks 2nd for BTC Holding amid Political Landscape
Finder has placed the global crypto adoption rate at 19%, with Bitcoin being the most accumulated asset. Hong Kong ranks second for Bitcoin holding amid changing political landscape.
Bitcoin Suffers Mild Drop but Analyst Who Predicted Decoupling Expects BTC Price to See Bullish Uptrend
After almost two weeks of a steady uptrend, Bitcoin (BTC) is now trading over 4 percent lower from its high in 2020. What's next for BTC?
Yat Partners With Blockchain.com to Level the Web3 Playing Field, Expand Access to Crypto
Yat , the company transforming online identities through personalized emojis, today announced its integration with Blockchain.com, one of the world’s most trusted crypto companies that helps millions across the globe safely access cryptocurrencies. The integration was announced at Yat’s Emoji Drop 4 livestream event.
Coinbase to Integrate Bitcoin's Lightning Network: A Deep Dive
Coinbase plans to integrate the Lightning Network (LN) as a secondary payment layer to enhance Bitcoin's transaction efficiency and cost-effectiveness. LN addresses scalability issues by enabling off-chain transactions, reducing fees and processing times, and promoting Bitcoin's mainstream acceptance.
North America To Get Its First Bitcoin Mining Pool to Rival China’s Crypto Mining Dominance
US-based Titan crypto mining software company sets to launch the first Enterprise-Grade Bitcoin Mining Pool in North America.
Michael Saylor Defends BTC Mining Council Embraces Decentralization
Michael Saylor refuted criticism over the newly formed Bitcoin mining council, emphasising that the council is committed to decentralization.
Chainlink's Supply on Exchanges at a New Low Since 2017, Confidence in LINK Price to Surge is High
Chainlink’s percent of supply sitting on exchanges has seen a new low, with the lowest supply amount on exchanges seen since its ICO in September 2017
EU to Vote Restricting PoW-based Crypto Assets
The European Union could see a major change in the cryptocurrency industry as proof-of-work cryptocurrencies face an indeterminate future.
Three Crucial Expectations from the Crypto Market in August
Overall the market is showing signs that the crypto winter may be wrapping up, but while investors may want to start bagging new coins in their portfolios, these three key expectations should stay alert in August.
Coinbase Plans to Transition into the AWS of Digital Currencies
Coinbase’s Chief Product Officer Surojit Chatterjee announced the company’s plans to transition into the Amazon Web Services (AWS) of the digital currency ecosystem.
Tether Criticizes UN Report for Overlooking USDT Traceability and Law Enforcement Collaboration
Tether rebuts a UN report accusing USDT of facilitating illicit activities, underscoring its traceability and law enforcement collaboration, and highlighting USDT's positive impact on developing economies.
Meta to Shut Down Novi Crypto Wallet in September
Although Meta Inc said it will end the Novi digital Wallet, the firm plans to continue executing its existing fintech goals to boost greater financial inclusion as it looks ahead to the metaverse.
Will A Second Round of US Stimulus Payments Mean Another Bitcoin Bull Run?
As the second round of the US economic stimulus package is about to begin, crypto experts have been speculating on whether Americans will once again redirect their stimulus checks towards Bitcoin investments.
Brazil Real Estate Developer Stalwart Gafisa Starts Accepting Bitcoin as Payment
Stalwart Gafisa believes that Bitcoin will add real value to its clients’ experience.
DLT is Becoming Mainstream Among Financial Market Participants - Citi
According to a recent white paper by American multinational investment bank, Citi, the mainstream adoption of distributed ledger technology (DLT) is now growing rapidly among the financial market infrastructures and global market participants.
Coinbase Adds Support for Ledger Hardware Wallets
Coinbase Global Inc, the biggest exchange in the United States has confirmed that its Wallet browser extension now has support for the Ledger Hardware Wallets.
More Than 1,000 Crypto Deals Sealed for Venture Capital Firms, Worth $17bn in 2022
Venture Capital (VC) firms continue penetrating the crypto sector, given that they have pumped in $17 billion so far this year.
Small Bitcoin Holders are Stacking amid Visa's Crypto-Linked Card Payments Hitting $2.5B
Given that holding is a favored strategy in the crypto space, accumulation by small Bitcoin (BTC) holders continues to gain steam.
Bitcoin’s Long Liquidation Dominance Hits an 8-Month High at 69%
Having traded below $45,000 for seven days now, Bitcoin (BTC) has been in the red based on significant liquidation.
ING Poll Reflects That Austrians are The Most Skeptical Towards Crypto
A giant in Austria had revealed that Austrians are the most skeptical people towards Bitcoins and cryptocurrencies in general.
Did Satoshi Nakamoto Move His Bitcoin Yesterday? No, But Craig Wright Shot Himself in the Foot
On Wednesday a Twitter bot reported that a Bitcoin transaction came from a wallet that possibly belonged to Satoshi Nakamoto, the anonymous creator of the network and author of the Bitcoin whitepaper. Oh and Craig Wright trips over own story,
1.1m XRP Tokens Dumped by Ripple Co-Founder Jed McCaleb
Ripple co-founder Jed McCaleb resumed selling his Ripple reserves and liquidating 1.1 million Ripple, leaving only $17 worth of XRP left in the account.
CoinList addresses withdrawal "FUD" with technical delays
After users complained of a week-long withdrawal freeze, CoinList addressed "FUD" on Twitter. Company claims $35 million from collapsed crypto hedge fund Three Arrows Capital. "multiple custodians" working on wallet address migration and upgrade.
Bakkt Platform Launched: Trades 71 Bitcoin Futures Contracts in 24 Hours
ICE’s historical data on Bakkt’s Bitcoin/USD futures contract trading reveals that the platform traded 71 BTC at press time, with the last trading price recorded at $9,875 per Bitcoin.
ApeCoin Experiences Sharp Price Surge on South Korean Exchange
Yuga Labs' ERC-20 token ApeCoin (APE) experienced a brief surge in price on the South Korean cryptocurrency exchange Upbit, with prices reaching $90.00 per token before a sell-off reduced most of the gains. The spike was attributed to retail frenzy and trading restrictions on the exchange.
US Intelligence Reveals Extent of North Korea’s “Hidden Cobra” Crypto-Dependent Cyber Crimes
US Intelligence Reveals Extent of North Korea’s “Hidden Cobra” Crypto-Dependent Cyber Crimes
Central African Republic Adopts Bitcoin as Legal Tender, Second Country Following El Salvador
Central African Republic (CAR) has officially adopted Bitcoin (BTC) as a legal tender in the country, following in the footsteps of El Salvador in Central America.
Bitcoin’s Social and Trading Volumes Hit a 5-Week High as Address Activity Surge to a 3-Week High
As Bitcoin (BTC) continues testing the $40K waters, its social and trading volumes are going through the roof, as acknowledged by on-chain metrics provider Santiment.
Stablecoin On-Chain Activity at Record Highs but Will Crypto Market Inflation Follow?
On-chain activity for stablecoins has surged over the last year, increasing by 800% according to the latest market intelligence, but could the increase in stablecoin issuance create inflation in the cryptocurrency markets as past allegations against Tether and Bitfinex have suggest ?
PlanetWatch Partners with Treedom to Launch "Stake for the Planet" Initiative
PlanetWatch in partnership with Treedom has launched a "Stake for the Planet" initiative.
The Tale of Ethereum’s 6-Year Journey from Lows of $0.4 to Highs of $4650
ETH has shined so far this quarter because after setting an all-time high (ATH) of $4,400 recently, it soared to new historic highs of $4,650.
Twitter Massive Hack Attack Traced Back to Crypto Wallet Using BitPay and Coinbase
In the massive Bitcoin scheme that happened earlier this week, reputed coin exchanges such as Binance, Gemini, and Coinbase were targeted by crypto scammers, and officials have been hard at work investigating the digital trail that may lead back to the crypto scammers.
Impel Adds Bitcoin to ISO 20022 Financial Messaging on XDC Network
Impel is pleased to announce today that bitcoin (BTC) has been added to its ISO 20022 financial messaging API as optional collateral for making payments. This addition enables BTC to be used in the instant settlement process for traditional banking services and other organizations that utilize the new ISO 20022 messaging standard. It offers the opportunity for improved customer experience, increased security, and significant operating cost savings.
Kraken Brings Crypto Asset Liquidity to Skrill and Neteller
Paysafe, a leading specialized payments platform has chosen US-based cryptocurrency exchange Kraken as their crypto asset liquidity provider.
Etihad Airways Enters Crypto Space by Launching First NFT Collection
Etihad Airways plans to release its first NFT collection, featuring 10 comprehensive 3D aircraft models, on July 21.
From $5,000 to $120,000: Standard Chartered's Controversial Bitcoin Price Predictions
According to Retuers, Standard Chartered predicts Bitcoin's price to reach $120,000 by 2024, reaching $50,000 this year and $120,000 by 2024. This upward trend aligns with the recent increase in Bitcoin's value, encouraging miners to hold onto the digital currency.
Core Scientific seeks to sell $6.6 million in Bitmain coupons
On Jan. 25, bankrupt Bitcoin mining business Core Scientific filed an emergency move to sell Bitmain coupons.
Coinbase and Brian Armstrong Named as Defendants in a Securities Lawsuit
Coinbase Global Inc, Coinbase Inc, and Brian Armstrong have been named defendants in a class-action lawsuit. Three leading exchanges are accused of without sharing the required risks involved in trading as many as 79 different tokens.
Coinbase CFO Alesia Haas to Speak at Barclays Global Financial Services Conference
Alesia Haas, chief financial officer of Coinbase Global, will participate in a fireside discussion at the Barclays Global Financial Services Conference on September 12, 2023. The event will cover Coinbase's financial performance, strategic goals, and insights on the cryptocurrency industry, highlighting its significant influence in the cryptoeconomy.
NFT platform Pinata Announces Completion of $21.5m Series A Funding
Nebraska-based NFT platform Pinata announced the closing of a $21.5 million funding round.
Coinbase Backs Lawsuit against US Treasury over Tornado Cash Sanctions
A group of crypto users are challenging the US Treasury Department's sanctions of Tornado Cash in court. Coinbase is backing the legal action.
Tether Ventures into Sustainable Energy Production and Bitcoin Mining in Renewable-Rich Uruguay
Tether, the company renowned for powering the world's foremost stablecoin, announced today its ambitious venture into energy production and sustainable Bitcoin mining in Uruguay.
UK Treasury Drafting Private Stablecoin Regulations and Researching CBDC with BoE
The United Kingdom’s Treasury Department has announced it is drafting private stablecoin regulation while it continues central bank digital currency (CBDC) research.
Argo Blockchain regains stock listing compliance with Nasdaq
Nasdaq relisted bitcoin mining company Argo. Nasdaq's listing standards demand a minimum closing bid price of $1 for 30 consecutive working days, which the firm did not meet. After Nasdaq notified ARBK about noncompliance in December, shares recovered.
Coinbase Sued For Failing to Grant Wallet Access During Volatility
The lawsuit against Coinbase was filed by George Kattula on behalf of the aggrieved users of the exchange who claimed the firm did not grant them access to their crypto wallets during periods of price volatility.
China Anhui Province Becomes the Latest Region to Crack the Whip on Crypto Mining
Anhui, an eastern Chinese province, has become the latest region to shut down all crypto mining activities, according to local media, citing an acute power shortage.
Swiss Regulator Issues Banking Licenses to Two Blockchain Firms
The Financial Market Supervisory Authority (FINMA) in Switzerland has issued banking and securities dealers’ licenses to two new blockchain companies.
Coinbase to Suspend Coinbase Pro Platform By Year-End, Developing New Advance Trading Interface
American cryptocurrency trading platform, Coinbase Global Inc has unveiled plans to close down its Coinbase Pro platform by the end of the year. A new trading platform is expected to launch to substitute.
Blockchain Foundry Pairs with Palmer Group to Launch Web3 Education Platform Metacademy
Canadian blockchain software development company Blockchain Foundry has partnered with Palmer Group to launch Metacademy, a Web3 education platform focusing on blockchain, cryptocurrencies, NFTs, and more.
Ethereum Ranks 9th in Market Valuation Among Leading Global Banks
Ethereum ranks 9th when compared to the world's largest banks in terms of market cap, according to CompaniesMarketCap.
More Than $40,000 in Bitcoin Donations Towards Tonga, after Catastrophic Volcanic Eruption
The Bitcoin community is taking part in a noble cause of helping Tonga recover from a disastrous volcanic eruption that hit the nation on January 15, with more than $40,000 already donated.
LedgerX “Not Yet Approved” by CFTC to Launch Physical Bitcoin Futures
The United States Commodities and Futures Trading Commission (CFTC) confirmed that LedgerX has not yet been approved to offer physically-settled Bitcoin futures in contrary to previous announcements.
Blockchain Game Developer Oasys Grants $20m Investment in Private Token Sale
Oasys, a Japan and Singapore-based blockchain gaming company, has secured a $20 million investment from a cryptocurrency leader in private token sales.
Robinhood Announces Planning to Buy British Crypto Platform Ziglu
Nasdaq-listed commission-free stock trading platform, Robinhood has signed an agreement to acquire UK-based crypto assets firm Ziglu.
Perianne Boring: Fostering Blockchain Through Regulatory Uncertainty
Perianne Boring is the President and Founder of the Chamber of Digital Commerce, the world's first and largest blockchain trade association. Boring began her career as a legislative analyst in the U.S. House of Representatives, advising on finance, economics, tax, and healthcare policy. Prior to forming the Chamber, Boring was a television host and anchor of an international finance program that aired in more than 100 countries to over 650 million viewers.
WisdomTree cryptocurrency funds lose value in fourth quarter
Despite rising revenues and fund inflows, the $82 billion fund manager posted a fourth-quarter net loss.
Bitcoin Surges Higher as Visa Announces It Will Soon Support USDC Stablecoin
After Visa announced that it will support USDC as a settlement currency on its network, Bitcoin broke the resistance level of $55K and topped $58K.
Coinbase's NFT Platform to Allow Purchase With Credit & Debit Cards
Following its new partnership with Mastercard, Coinbase Global Inc will start allowing users to buy NFTs with credit cards and debit cards.
US Department of Justice Releases Cryptocurrency Enforcement Framework
The US Department of Justice (DOJ) has released a cryptocurrency enforcement framework, which offers a comprehensive overview of the emerging threats in the crypto space.
European Central Bank Plans to Take the Lead on Stablecoins
European Central Bank President Christine Lagarde has urged the ECB to take the lead regarding stablecoins, citing increased interests in the space from central banks in Britain, Canada, and China.
Mysterious Bitcoin Inscriptions: A Puzzle in Raw Binary Data
A mysterious Bitcoin user inscribed 9MB of raw binary data on the blockchain, spending over $64K. The encrypted data's purpose remains unknown, stirring speculation in the crypto world.
CHAIN2020
CHAIN2020 launches a series of educational conferences supporting Blockchain & FinTech initiatives in Asia and provides an opportunity for curious and intrepid individuals to engage in innovative conversations about the future of humans and technology.
Binance Contributes to Recovery and Return of $10,000 of Stolen Crypto To a Targeted Investor
Binance affiliate crypto security expert Harry Denley helped a victim recover $10, 000 worth of lost cryptocurrency recently.
Bitcoin Needs to Flip $38K-$40K Area, Gaining Sustainable Bullish Momentum
The plan of raising the interest rate proposed by the U.S. Federal Reserve has dented Bitcoin’s upward move because the leading cryptocurrency ranges between the $33K and $38K zone.
Hong Kong-listed Entertainment Firm HMVOD to Accept Bitcoin for Membership Subscriptions in October
In Hong Kong, an online entertainment platform HMVOD will accept Bitcoin to pay for membership subscriptions in October.
Zero-gas DeFi Ecosystem XODEX Launches its Testnet
The zero-fee DeFi Ecosystem XODEX has announced the launch of its XODEX testnet, which will allow developers to integrate and transition their code deployed on the XODEX mainnet to the final implementation.
Stellar Development Foundation Injects $5 Million Into Crypto Wallet Abra to Leverage Products Expansion
Abra is a crypto-financial services app that gives users exposure to cryptocurrency and stock investments. On the other hand, The Stellar Development Foundation is a non-profit, which supports the development of the Stellar network. The Stellar Development Foundation said that its investment would help Abra to expand its services and products on the Stellar network. Abra CEO Bill Barhydt stated that his team will leverage Stellar’s ability to use traditional banking infrastructure as it builds yet more banking tools.
Over 3.4m Sweatcoin Crypto Wallets Created since Launch of SWEAT Token in April
Sweatcoin has seen the creation of over 3.4 million crypto wallets via its mobile application since the company announced the SWEAT crypto token last month.
Cardano Elbows Ripple to Take 6th Position, Thanks to Heightened Development Activity
Cardano (ADA) has been scaling the heights because it is now the sixth-largest cryptocurrency after dethroning Ripple (XRP) with a market capitalization of $20.71 billion, according to CoinMarketCap.
13 New Members including Gemini, Robinhood Sign up for Crypto Market Integrity Consortium
Thirteen new members including Gemini, Robinhood and others join the Crypto Market Integrity Consortium.
Christine Lagarde Announced EUR 750 Billion Bond Buyback, Bitcoin Surged 10%
With the launch of ECB's €750 Billion bond buyback, Bitcoin, in the last 24 hours witnessed a steep increase in price clocking at 16% growth.
Cipher Mining's Strategic Expansion: 16,700 New Miners Ahead of Bitcoin Halving
Cipher Mining gears up for Bitcoin's 2024 halving with a strategic purchase of 16,700 new miners, eyeing increased market value and mining capacity.
How Triffic is Gamifying Advertising for Local Businesses
Entering the world of cryptocurrency can be a daunting prospect for newcomers, with several practical and psychological barriers to overcome. Most people who’ve heard of Bitcoin are aware of its notorious volatility, and in some cases, of negative headlines associated with cryptocurrencies, such as the risk of hacks and losing private keys.
Privately Issued, Regulated Digital Crypto Might Better than CBDC, Says Australian Central Bank
Australian central bank boss admits that private digital tokens could be better and their benefits will be enhanced if regulatory arrangements are made right.
Horizon Kinetics Bets on Bitcoin as Inflation Bites
Horizon Kinetics, a US-based investment firm, is the latest to bet on Bitcoin as an inflation hedge, saying that the company is playing their bets on two hedges against inflation: property and cryptocurrencies, especially Bitcoin.
U.S. Houston Firefighter’s Pension Fund Invests $25 Million in Bitcoin and Ethereum
The Houston Firefighters' Relief and Retirement Fund, which manages nearly $5.5 billion in assets, announced that it has invested in cryptocurrencies.
Tesla refuses to sell any more Bitcoin
Tesla kept its Bitcoin for the second half of 2022 after selling 75% in the second quarter. As Bitcoin's price fell, the firm's financials reveal it didn't buy or sell Bitcoin in Q2 or Q3.
Worldcoin Whitepaper Analysis: Revolutionizing Digital Identity and Global Finance
Worldcoin aims to establish a global "proof of personhood" system using custom biometric hardware, as outlined in its newly released whitepaper.
Bitcoin Price Breaks $12K Resistance and Aims for $14K as BTC Rallies Higher in the Expense of Altcoins
Bitcoin bulls are now back after weeks of consolidation as Bitcoin’s price recently surpassed the $12,000 resistance level, what level will BTC target next?
Bitwise and ETF Trends : 64% of US Financial Advisors expect Bitcoin Price to Appreciate Over Next 5 years
Around half of all wealth in America is managed by financial advisors, but how much of that wealth are they comfortable allocating to cryptoassets?
Can Coinbase Run with the Crypto Bulls? Network Congestion Delays Bitcoin Withdrawals
Coinbase has again experienced technical difficulties during heavy crypto trading, this time announcing delays in BTC withdrawals. Can the exchange keep up with the bull run?
New Money Theory in Action: Circle's USDC Stablecoin
Circle is gearing up for 2020 with a renewed deep focus on stablecoins and the powerful potential they hold for people, enterprises, and governments globally.
Animoca Brands, Blowfish Studios Announces Closure of Planet Private Sale for Phantom Galaxies
Animoca Brands and Blowfish Studios announced the closure of Planet Private Sale. The Planet Private Sale for Phantom Galaxies sold 7,734 Planets and Asteroids (“Planets”), a kind of NFTs, for a total of US$19.3 million.
NexChange Interview Series: Alicia Garcia-Herrero, Part 1
Olga’s interviewee this time is amazing Alicia García Herrero, Chief Economist for Asia Pacific at Natixis. Alicia also serves as Senior Fellow at European think-tank BRUEGEL and non-resident Research Fellow at Madrid- based political think tank Real Instituto Elcano.
Haru Invest CEO Apologizes and Assures Transparent Actions in Response to Recent Incident
In a letter to Haru Invest members, CEO Hugo Lee extended a sincere apology for the concerns arising from a recent incident and acknowledged the need for prompt communication.
Bitcoin at $64,000 is Amazing But It’s Just the Start, says Market Analyst
Crypto trader Michael van de Poppe believes that Bitcoin at $64,000 is amazing, but this is just the start.
Despite Market Crash, MicroStrategy Buys 301 Bitcoins Worth $6 Million
Despite the downturn continuing in the crypto market, MicroStrategy adopts buying from the dip strategy by purchasing 301 Bitcoins over the last 2 months.
Journey to New Highs: Why XRP, LTC, and BCH Are Still Left Behind
Amid the crypto market bull run, XRP, LTC, and BCH are stagnant in comparison with other altcoins. Here is a look at why these altcoins may have underperformed.
Bitcoin Crosses $61K as Bull Run Continues
Bitcoin (BTC) has soared to new heights by hitting an all-time high of more than $61,000 not seen in its twelve-year history.
Crypto Prices Today Bounce Back from Friday Sell-Off, Bitcoin, Ether, Solana, Polkadot, and others Surge Higher
Cryptocurrency markets have regained important values just a few days after China’s fresh crackdown. Some experts have explained the recent happenings in the market.
Binance Invests Heavily in Chinese Crypto Media Firm
According to a Bloomberg report, Binance has debuted an investment in China With a crypto Media and data sourcing company, Mars Finance.
How Kaspersky Protects Investors During Token Sales in 7 Ways
In the exclusinve interview with Blockchain.News, Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky shares the latest trend on cybersecurity threats in crypto fundraising and how Kaspersky's solutions can protect investors in 7 ways.
BTC Price Consolidates at $19,000, Will Bitcoin Reach $20,000 in 2020?
Bitcoin soared to over $19,400 last night, the BTC price coming within relative inches of creating a new all-time high before falling. Will we see Bitcoin reach $20,000 in 2020?
BNY Mellon's Subsidiary Insight Investment Doubts about Bitcoin as Payment Medium
Despite the Bank of New York Mellon (BNY Mellon) becoming the first global bank that allows customers to hold, transfer, and issue digital currencies, Insight Investment, a subsidiary of BNY Mellon, reveals its sceptical attitude towards Bitcoin as the means of payment.
Block Allows Cash App Users to Gift Bitcoin for the Holidays
This holiday season, Cash App will enable its users to gift both crypto and stock to other users of the app.
Binance to Bolster Crypto Utility With New Cashback Feature
Binance Exchange, the world’s largest digital currency trading platform by volume has unveiled its new crypto cashback program for all Binance Card holders
Coinbase Becomes the First Crypto Firm to Be Awarded Visa Principal Membership
Coinbase has just announced to have been approved as Visa principal member. The partnership will make it easier for consumers to spend their cryptocurrencies around the world leveraging Visa's global network.
Shiba Reaches All-Time Following a Price Surge More Than 46%
Shiba Inu touched an all-time high following a price surge of more than 46% in just two days to become the 11th-biggest cryptocurrency by market value.
Top Tennis Player Andy Murray's Wimbledon NFT Sold for $177,777 at Auction
Scottish professional tennis player Andrew Barron Murray's 2013 Wimbledon championship moment NFT has been sold for $177,777 at the WEENEW auction on Monday.
HKMA Initiates Stablecoin Issuer Sandbox Program
The HKMA has announced the launch of a stablecoin issuer sandbox, a step forward for fintech innovation in Hong Kong, aligning with regulatory oversight.
Ethereum to Overtake Bitcoin as the More Attractive Asset with ETH 2.0 and EIP 1559 Rollout - Messari
Messari lead crypto researcher Ryan Watkins seems to think that in the long-term, Ethereum may appreciate more than Bitcoin (BTC).
US Senators Introduce Bipartisan Stablecoin Bill to Establish Regulatory Framework
Senators Kirsten Gillibrand and Cynthia Lummis have introduced the Lummis-Gillibrand Payment Stablecoin Act, a new bipartisan legislation aimed at creating a clear regulatory framework for payment stablecoins. The bill aims to protect consumers, promote innovation, and maintain the dominance of the US dollar while addressing concerns related to money laundering and illicit finance.
Ethereum Hits Fresh Record High of $3000
Ethereum has hit an all-time high of $3000 for the first time in its history, making it more valuable than PayPal and the Bank of America in terms of market cap.
Cardano’s Shelley Mainnet Code Launch at Virtual Summit Could be a Catalyst for ADA Price Rally
Prior to the bearish slump, Cardano’s ADA cryptocurrency has risen around 50% since late May 2020, in light of the news of its Shelley upgrade. The Shelley mainnet is a decentralized network of community nodes operating on a proof-of-stake consensus protocol, with less central governance coming from the developers.
Square to Establish Decentralized Bitcoin Exchange
Jack Dorsey, CEO of American financial services and digital payments company Square, announced on Twitter recently that the company's new TBD division has drawn a new direction to create a decentralized exchange for Bitcoin.
Bitcoin Is ‘100 Times Better Than Gold,’ Says Michael Saylor
Michael Saylor of MicroStrategy sees a revival for Bitcoin as he expects plenty of upside above its previous high.
Billionaire Investor Tim Draper: Why Millennials Should Consider Investing in Bitcoin
The future of Bitcoin remains a hot topic. Billionaire venture capitalist, Tim Draper, calls Bitcoin as the way of the future. Draper had a recent interview with Foxbusiness, a session whereby he advised millennials that if they really want to retire rich, then they need to invest in Bitcoin.
Deribit Dominates CME and Bakkt in BTC Options Volume
Existing bitcoin exchange Deribit has bested institutional newcomers CME and Bakkt in terms of Bitcoin option trading volume at the start of 2020.
Square’s Cash App Q3 Report Attributes 80% of $2 Billion Revenue to Bitcoin
Square’s Cash App Q3 report shows that Bitcoin has overtaken all other revenue sources and accounts for 80% of its entire $2 billion third-quarter revenue.
Bitcoin Price and the Global Financial Crisis: Everybody's Looking at the Wrong Markets
While everybody obsesses over stock markets, bailouts, and inflation, the biggest global financial risks come from the collapse of debt markets. What does this mean for bitcoin?
Can MakerDAO Survive the Coronavirus Pandemic?
The coronavirus pandemic and growing macroeconomic uncertainties have seriously dampened the cryptocurrency market, which Bitcoin once dipped below USD 4000. The “Red Sea” has expanded across the market of decentralized finance (DeFi), where the total value locked (USD) for DeFi market dropped from USD 649m to USD 246m.
New Market Entrants Caused the Recent Bitcoin Panic Selling, says Glassnode
Yann & Jan, the co-founders of on-chain metrics provider Glassnode, have noted that the recent Bitcoin price drop was triggered by new entrants in the market.
Singapore's MAS to Open Public Consultation on Stablecoins Soon
Singapore’s apex bank, the Monetary Authority of Singapore (MAS), is ramping up plans to open up discussions with the public for stablecoin regulations.
Rehab Centers Add Services for Crypto Trading Addicts
A posh Spanish rehab institution now treats crypto traders.
Tesla Stock is Down 28% Since Buying Bitcoin
Tesla's shares have been falling since the company purchase BTC. What could this mean for crypto?
SEC Considers Filecoin a Security, Grayscale Disagrees
According to the SEC, Grayscale's Filecoin Trust's underlying asset, Filecoin (FIL), should be classified as a security under federal securities laws. The regulatory body's viewpoint has sparked a dispute, as Grayscale holds a differing opinion on the matter.
Ark Invest's Cathie Wood Challenges Vanguard's Bitcoin ETF Exclusion Decision
Ark Invest CEO Cathie Wood criticizes Vanguard for excluding Bitcoin ETFs, marking a significant shift in investment preferences as customers move to crypto-friendly platforms. This controversy reflects the evolving dynamics of the financial sector.
Announcing Hashstack’s switch to Starknet
Hashstack is thrilled to announce its strategic shift to Starkware developed Starknet — the first general-purpose permissionless Decentralized ZK-Rollup, to deploy Open — Hashstack’s money-market protocol to enable secure, under-collateralised loans on the blockchain. With this, Hashstack shifts its focus from EVM chains to zk-primitives to further its mission to build the critical infrastructure necessary to 10x the usability of decentralised finance, to truly empower financial inclusion through crypto.
Hong Kong Tycoon-backed C Capital to Raise $500m to Invest in Digital Assets
C Capital, a fund owned by Hong Kong real estate tycoon Adrian Cheng, plans to raise $500 million in the next 18 months to invest in blockchain and digital assets.
Crypto Market Resurgence: Is the Crypto Winter Finally Over?
While investors might be optimistic about the recent bullish trend, a major question then surfaces: Does this recovery imply a return to the bullish green days?
Binance Card Adds Three New Altcoins: Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX)
Major global cryptocurrency exchange Binance announced Friday that three new altcoins are now added to its Binance Card: Ripple (XRP), Shiba Inu (SHIB), and Avalanche (AVAX)
Reflexivity Research Provides Digital Asset Analysis & Consultation for Finance Industry
Well-known crypto enthusiast and analyst Will Clemente announced to co-found Reflexivity Research with Anthony Pompliano.
Institutional Adoption is Playing a Part in the Next Leg of Ethereum’s Bull Run
Dan Tapiero, the CEO of 10T Holdings, believes that institutional adoption is propelling the next leg of Ethereum’s bull run.
Japan to Adopt New Stablecoin Regulations
Japan's Financial Services Agency (FSA) is trying to legalise stablecoin distribution. New 2023 legislation enable stablecoins like Tether (USDT) and USD Coin (USDC).
NFT Boom: OpenSea is Recording More Daily Volume than its Total 2020 Volume
Popular NFT Marketplace, OpenSea now processes 650x the daily transaction volumes it did for the whole of 2020.
Bitcoin Gains Strong Momentum as It Surpasses the $48K Barrier
BTC has gained its momentum, as acknowledged by crypto analyst Joseph Young because it is up by 6.1% in the last 24 hours to trade at $49,001 at the time of writing,
Bitcoin's Taproot Upgrade Goes Live: Here are Expected Changes
The Bitcoin Network's Taproot Upgrade has gone live at a block height of 709,632.
US Should Register Ripple’s XRP Token as a Security, Says Market Expert Peter Brandt
The question of whether Ripple’s XRP token should be classified as a security remains unclear and has been debated upon.
Dark Web Sucks in Bitcoin Payments From Viewers Paying to See Livestream Murder
Two 17-year-old Italians have been detained under the Delirium operation for instigating child pornography and live torture viewings on the dark web. The two Italians paid Bitcoin (BTC) to a dark site address in order to unlock explicit footage of children being sexually abused.
Bitcoin Price Surges to All-Time High Of $66,900 Level
Bitcoin has surged $66,900 level, passing the previous price record of $64,889 set in April.
May 15: The Year of Bitcoin Options?
Happy Friday! BTC up 3% in the past 24 hours, flirting $9,900, teasing the market at the $10K psychological level. In the last few days, I noticed BTC weakness from the start of Asia session followed by buying activity when the U.S. woke up, driven primarily by spot buying (futures curve still relatively flat).
South Korea’s Teachers’ Pension Fund Announces Plans to Invest in Bitcoin on Its Balance Sheet
The Korea Teacher's Credit Union (KTCU) in South Korea is following a list of rising pension schemes across the world to invest in Bitcoin.
Superstate Gains $14m in Series A Led by Distributed Global and CoinFund
Superstate, an innovative asset management firm, has secured a $14 million Series A financing round, aiming to expand its team and launch private funds for institutional investors.
Blockchain.com May Suffer $270M in Losses for 3AC's Insolvency
Cryptocurrency exchange Blockchain.com may suffer a total of $270 million in losses due to Three Arrows Capital's inability to repay loans due to the bankruptcy and liquidation of Three Arrows Capital.
Australia Breaks Into Top 3 Nations for Crypto ATM
Australia has 234 crypto ATMs, third worldwide behind the US and Canada. Australia has added 16 ATMs since Jan. 1, while Spain has lost 4 and El Salvador hasn't.
Dogecoin Surges by 12.63% as Token Launches on Coinbase Pro
Coinbase, the top US cryptocurrency exchange, announced today that Dogecoin would be `available for trading on Coinbase Pro accounts.
Bitcoin Protocol Ordinals Unveils Powerful Recursive Inscription Feature
In an update to the Bitcoin protocol Ordinals, the newly appointed chief maintainer, Raph, has merged an update titled "Recursive Inscriptions" (Update no. 2167) into the Ordinals codebase on GitHub.
Ethereum Layer 2 Boba Network Raises $45M in Series A Funding
Ethereum Layer 2 project Boba Network has raised $45 million in its Series A funding round.
Connecting Crypto Exchanges with CMC's New Liquidity Metrics: What We Learned at The Capital
Beginning on Nov. 12 and spanning two days, CoinMarketCap held its inaugural large-scale event, The Capital, which brought together leading stakeholders in the blockchain, cryptocurrency, regulatory and financial industries.
Business Niches Where Cryptocurrencies Are Accepted for All Payments
Digital currency is becoming more well-known because it’s been around for a decade or so. In the past, it was only die-hard investors who chose to work with crypto like Bitcoin. However, more and more companies are accepting it as payment for services and goods.
North Korea Stole Over $1 Billion in Crypto in 2022
According to a UN study, North Korea stole more bitcoin in 2022 than ever before and targeted multinational aerospace and military industries.
Top Brazilian Crypto Exchange Mercado Bitcoin Adopts Sports Token Chiliz
Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, has announced its plans to add sports token Chiliz ($CHZ) to its existing list of digital assets.
Exclusive: Can Onchain Custodian Fill Fidelity's Gap in Crypto Custody?
While wall street giant Fidelity tapped into the crypto custodian space, can Onchain Custodian survive under the fierce competition? Alexandre Kech, CEO of Onchain Custodian believes that they can fill Fidelity's gap in the crypto custodial market. He also explains how the surging demand in BTC futures and crypto collateral can present huge business opportunities for crypto custodians.
India Sees a Step Backward as Lawmaker to Advocate Crypto Ban
An Indian Lok Sabha lawmaker, Nishikant Dubey, advocates that the nation should ban cryptocurrencies rather than embrace these nascent assets through regulation.
Slovenia Makes History as the First Country to Launch an NFT Product
Slovenia is on track to become the first country in the world to launch its first Non-Fungible Token (NFT) series.
Gavin Nathan Joins Spirit Blockchain as Head of Fundraising
British Columbia, Canada-based Spirit Blockchain Capital Inc., which focuses on blockchain and digital assets, announced on May 2, that it has hired Gavin Nathan as head of fundraising.
Nigeria Passes Bitcoin And Cryptocurrency Law
The Nigerian government will soon legalize Bitcoin and other cryptocurrencies. Punch Newspapers of Nigeria announced the news on December 18 after interviewing House of Representatives Committee on Capital Markets Chairman Babangida Ibrahim. If passed, the local Securities and Exchange Commission might consider cryptocurrencies and other digital monies as investment capital.
BlackRock's Bitcoin Strategy: Mining Investments and ETF Proposals
BlackRock has invested $411.54 million in Bitcoin mining businesses, including Riot Platforms Inc., Marathon Digital Holdings, Cipher Mining, and Terawulf, and proposed a Bitcoin ETF, despite SEC reluctance, highlighting Bitcoin's growing importance in finance.
Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3
Genesis records rising demand for cash and stablecoins
Web3 Data Ecosystem Pocket Network Adds Support for the Fantom Blockchain
The Web3 blockchain data ecosystem Pocket Network adds support for the Fantom blockchain, allowing developers to mint Fantom RPC endpoints for their applications directly from Pocket Portal, earning $POKT tokens.
Hut 8 Mining Company to Merge with US Bitcoin
Hut 8 Mining and U.S. Bitcoin will consolidate under New Hut, pending court clearance.
eToro Sees More Bitcoin Demands Than Supply, Set To Ration Bitcoin Sales
eToro has noted that it has more demand for Bitcoin (BTC) than its current supply can support and the possibility of rationing sales is high
Token Metrics CEO: Bitcoin Price Increase to $26k likely, $32k Possible, and $40k Outlandish
Bitcoin's market rise today is historic, with the price currently sitting at over $21,770 we are officially in uncharted territory - At what price level will the BTC bulls rest?
Iris Energy Raises $71m in Debt Issuance
Iris Energy raised $71 million in debt issuance for new Bitcoin mining equipment.
Bitcoin Convert Jim Cramer says Wall Street Ignoring COVID-19 Cases, Biden Election Fraud Dispute and Collapse in Stimulus Talks
Bitcoin convert and CNBC analyst Jim Cramer thinks Wall Street is ignoring market risks from rising US COVID-19 cases, the 2020 election dispute, and collapse in stimulus talks.
MakerDAO Keeps USDC as Primary Collateral for Dai
MakerDAO has voted to keep USDC as the primary collateral for Dai, rejecting a proposal to diversify into GUSD and USDP. The decision was made based on reduced risks from a cascading bank run in the US and USDC's return to a $1 peg.
Bitcoin Price Bull Run Expected to Continue says Bloomberg Intelligence
Bloomberg Intelligence reports that only an "unexpected occurrence" can stop the Bitcoin price bulls from running.
Crypto Media Decrypt Secures $10m for Further Editorial Growth
Crypto news company Decrypt announced that it has raised $10 million after departing from its parent company ConsenSys Mesh at a post-money valuation of $50 million.
Nilam Resources Announces Letter of Intent to Acquire 24,800 Bitcoin
Nilam Resources, Inc. has entered into a Letter of Intent (LOI) with Xyberdata Ltd to acquire 100% of the common stock of a special purpose entity named MindWave. The entity will hold 24,800 Bitcoin, serving as collateral for investment in high-yield generating projects. This strategic acquisition marks a significant milestone for Nilam Resources, Inc., adding over a billion dollars in digital assets to its portfolio.
Bitcoin Price Bull Run Sees Grayscale Investments add $300M AUM in One Day
Grayscale Investments CEO Barry Silbert has announced a breathtaking increase of $300 million in AUM after a single day this week as Bitcoin went on its $13K bull run.
Bitfarms Sells 1500 BTC Goes for New Loan to Boost Liquidity
Bitfarms has now relied on sales of some of its mined Bitcoins and borrowings to fund its capital expenditure and improve its liquidity.
MicroStrategy's Bitcoin Investment Earns $103 Million with ROI of 24.3% in the Last 79 Days
Bitcoin's price is currently around $13.8K. Since Aug. 11, with Microstrategy's purchase of Bitcoin, the company has earned $2.7k per BTC for a total of $103 million.
Ripple Co-Founder says US-China Tech Cold War Will Be Won and Lost on Crypto and Blockchain Battlefield
Ripple Co-Founder, Chris Larsen believes the Cold Tech War between China and the United States is going to be won and lost on the blockchain battlefield.
Not Just Bitcoin - Ethereum and Altcoins Gain Bullish Momentum
Ethereum's record-breaking momentum indicates that investors are increasingly taking an interest to altcoins and that Bitcoin's dominance in the crypto sector has slightly declined.
Sub-Saharan Africa Dethrones Northern America as the Top Bitcoin Adoption Spot
Sub-Saharan Africa has been the top Bitcoin adoption spot for 181 consecutive weeks after edging out Northern America, as revealed by Arcane Research.
Bitcoin Price Fights For Balance as Number of BTC Holders With 0.1 Coins Reaches New ATH
The number of BTC retail holders are increasing, spurring bullish sentiment that may prompt the market to recover from overnight dips experienced by Bitcoin.
New Zealand's Tax Authority Demands Info on Crypto Investors
New Zealand's Internal Revenue Department has asked all companies to pass on customers' personal details as well as the type and value of their crypto assets.
Two Canadian Nationals Face Two Years in US Prison for Alleged Bitcoin Fraud
The US Department of Justice has sentenced two Canadian nationals to two years in the US federal prison for using a fake Twitter account to steal Bitcoins from an innocent US victim.
LocalBitcoins Hits New Milestone, Reaching 200,000 Mobile App Downloads
LocalBitcoins, the world’s leading P2P Bitcoin marketplace, is scaling the heights because its mobile app available on iOS and Android surpassed 200,000 downloads, with 5 more languages incorporated.
Bitget Seeks 3x Workforce Expansion Amid Ongoing Layoffs
The emerging derivatives exchange platform, Bitget has announced plans to power its ongoing ecosystem growth by adding about 500 more new employees.
Defi Wallet Unstoppable Finance Raises $12.8M in Series A Fund
Berlin-based Unstoppable Finance has announced a €12.5 million ($12.8 million) Series A round led by Lightspeed Venture Partners.
Bitcoin and Ethereum Trading Volumes Go Through the Roof
History has been made with $34.8k BTC and $1,090 ETH with both Bitcoin and Ethereum recording new all time highs in trading volume.
Square Says It Has No Plans of Purchasing More Bitcoin After $20 Million Loss
Following Tesla's announcement that it will halt Bitcoin payments, Square disclosed that it had no intentions of buying more Bitcoin.
Members of Congress Start Blockchain Education with $50 Dollar Bitcoin Donation
Members of the United States Congress will receive a $50 campaign contribution in Bitcoin today to educate lawmakers on the potential of blockchain technology.
Messari Founder Ryan Selkis Launches Advocacy Group in Response to Recent SEC Actions
Following the U.S. Securities and Exchange Commission's (SEC) charges against popular cryptocurrency exchanges Binance and Coinbase, Messari founder Ryan Selkis has launched a new advocacy group named @DFA2024.
Market Watch: Stock vs Crypto Performance, Tesla, Apple, Bitcoin and Ethereum Compared
What it the correlation between crypto and the stock market? We analyze Nasdaq, Dow, Apple, Tesla, Microsoft, Bitcoin, Ethereum. Unlimited QE is the most important factor.
Bitcoin Wallets Transferring Funds to Crypto Exchanges have Doubled Since January
Glassnode, an on-chain market analytics firm, has disclosed that addresses sending Bitcoin to crypto exchanges have doubled since January 2020.
76.7% of Bitcoin Supply is Illiquid- What This Means
On-chain analyst William Clemente III noted that Bitcoin price could continue going up in the long term because 76.7% of Bitcoin is illiquid.
Bitmain-Backed Digital Assets Company Matrixport Extends Its Crypto Services into Europe
Matrixport, a Singapore headquartered and Bitmain-backed crypto company that offers trading, lending, and custody services, extends its services into Europe through the establishment of its new Zurich office.
Ethereum 2.0 Hits a New Milestone with a Deposit of More Than 9 Million Ether
More investments continue trickling into Ethereum 2.0 because 9.01 million ETH has been staked.
Bitcoin Options Worth $1.3 Billion Expire
The largest lot of Bitcoin options until the year's end expired on Nov 27. The number stood at 78,000 Bitcoin (BTC) with a notional value of $1.3 billion.
Ping An of China’s Blockchain Unit Chooses US over Hong Kong for IPO
Chinese insurance giant, Ping An Insurance’s financial technology arm, OneConnect is leaning towards choosing New York over Hong Kong for its initial public offering (IPO) this year in mid-November.
MicroStrategy's Debt Dilemma: A Balancing Act Between Bonds and Bitcoin
Adam Cochran discussed MicroStrategy's financial quandary due to its 2025 and 2028 convertible notes amidst its extensive Bitcoin holdings. Failure to address the 2025 note could lead to a 15% equity dilution, while refinancing could spike yield rates. Options like leveraging Bitcoin or selling it to cover debts were explored, with the latter potentially causing a dip in market confidence. Cochran hinted that the year-end decisions could significantly impact how MicroStrategy navigates its debt come 2024.
Are Bitcoin Miners Earning Minimum Reward as Hash Price Plunged to Historic Lows?
The revenue of Bitcoin miners continues to dwindle, given that the hash price has nosedived to historic lows of $66,500 per Exahash, according to Glassnode.
Bitcoin Gets Integrated into the French Education Curriculum
The French education ministry has outlined the integration of Bitcoin into the curriculum, as it noted that cryptocurrency would be used to assist students in comprehending the characteristics of money.
BTC Mining Hardware Startup Fabric Systems Raises $13M
Fabric Systems has said that the funds will be used to fund the development of two core launch products including a liquid immersion-cooled ASIC machine.
U.S. Should Examine Chinese Digital Yuan Rollout during Winter Olympics: Senator Toomey
Senator Pat Toomey, a senior member of the U.S. Senate Banking Committee, urges the Treasury and State Departments closely examine Beijing’s CBDC rollout during the Olympic Games.
Bitcoin's Average Block Size Hits All-Time Highs
The average Bitcoin block size has reached record highs after Bitcoin NFT Ordinals protocol launched.
Worldcoin Announces Circulating Supply Update and Sales to Trading Firms
Worldcoin Foundation's subsidiary, World Assets Ltd., plans to sell WLD tokens to meet the demand for orb-verified World IDs and support the growth of the Worldcoin network. The sales will be conducted through private placements with trading firms outside the US, with measures in place to prevent resales to US individuals. This update will result in an increase in the circulating supply of WLD tokens.
Privacy Coins Monero, Dash, and Zcash to be Delisted on Bittrex, Dash Unhappy with Decision
Bittrex will be removing privacy coins Monero, Dash, and Zcash from its trading platform soon.
Propy Partners with Crypto Lending Platform Abra, Launching Crypto-backed Real Estate Loans
Blockchain-based real estate transaction management company Propy has partnered with digital asset wealth management platform Abra to open up a path to obtain real estate loans with digital assets as collateral.
Japan’s SBI Acquires Stake in Securitize
On SBI investing in his company, Domingo said “I think that the fact that [SBI is] putting their faith and investing in a company like us [is] signifying the move towards more adoption of security tokens.”
The IMF Urges El Salvador to Abandon Bitcoin as Legal Tender
The International Monetary Fund (IMF) is concerned about the risks of El Salvador's issuance of bitcoin-backed bonds, urging El Salvador to terminate bitcoin as legal tender as soon as possible.
Bank of Lithuania Has Commenced the Issuance of its LBCOINS to the Public
Following the launch of its digital collectibles dubbed “LBCOINS,” the Bank of Lithuania has announced that it has commenced the issuance of the LBCOINS to the members of the public. The issuance of LBCOINS is a landmark step in the worldwide drive towards achieving a financial era dominated central bank digital currencies (CBDC).
Crypto Users Stand at 300M, Representing Nearly 3.7% of the Global Population
Crypto adoption continues to experience an uptick, given that users are currently at the 300 million mark.
The Number of Bitcoin Addresses in Profitability Breaks the Record, Price Inches Closer to ATH of $64,800
The number of Bitcoin addresses in profit has reached a record high of 37,396,654.839. The market is expecting Bitcoin to break through $64.8K ATH level.
Coinbase in Talks to Buy Turkish Crypto Exchange BtcTurk
Coinbase is reportedly in talks to acquire Turkey’s BtcTurk cryptocurrency exchange. The deal could be worth up to around $3.2 billion.
Ukrainian Government Raises over $10M in Digital Currencies from the Public
The entire public, particularly the crypto-savvy population, has shown solidarity with Ukraine and has raised more than $10 million since the call was made.
Coinbase’s Registration Statement with SEC Reveals What Could Make Bitcoin and Ethereum Prices Plunge
Coinbase's registration statement for its public listing reveals what could potentially drag down the price of Bitcoin and Ethereum.
European Blockchain Convention reinvents itself to remain the leading congress in Europe
European Blockchain Convention Virtual becomes the meeting point of the Blockchain Industry this year in Europe. The congress, which will be held on September 21 and 22, will feature workshops, presentations, panel discussions and more than 100 world-class speakers. EBC will provide access to an AI-powered networking platform to facilitate virtual one-to-one meetings between over 1.500 attendees.
North Korea Is Developing Own Crypto to Circumvent US Sanctions
North Korea has always been suspected for either indirectly or directly funding weapons or involved in some powerful projects of mass destruction using virtual currencies. The nation, recently, was accused of stealing cryptocurrencies worth $2 billion to facilitate the development of deadly weapons.
$4 Billion Laundered by Criminals through DEXs, Elliptic Report Shows
Elliptic's report suggested that criminals have laundered the total sum of $4 billion through Decentralized Exchanges (DEXs), bridges, and protocols offering Coin Swaps.
Tesla Launches Cyberwhistle by Accepting Dogecoin for Payment
American electric vehicle manufacturer Tesla has launched a new product called Cyberwhistle by accepting Dogecoin for payment.
Facebook Taps Coinbase to Offer Custody Services for Novi Digital Wallet Rollout
Facebook is launching Novi digital wallet. The social giant has hired Coinbase to serve as a custody partner.
Partner at Proof of Capital Presumes That China’s Digital Currency Could Go Live in No Time
In her view, Edith Yeung, fund manager, and partner at Proof of Capital, a blockchain-based venture capital fund, presumed that the Chinese Government could launch their digital currency, virtual yuan, in no distant time, assumably, within the next six to twelve months.
Coinbase Suspends Trading for Status (SNT) with Immediate Withdrawal Access
Coinbase has announced the suspension of trading for Status (SNT) while ensuring users have unfettered access to their funds for withdrawal.
EY Ops Chain: Bringing Transparency and Accountability to Public Finance Management
Blockchain.News sat down with Jimmy Ong, EY Asia-Pacific Blockchain Leader to take a deep dive in EY Ops Chain and EY Blockchain Analyzer. In particular, we explore how EY Ops Chain facilitates a more transparent public finance tracking. Ong also shared an interesting use case when EY Ops Chain enables the tracking of blood in Canada.
Bitcoin Wallets Holding 10 BTC or More Decrease as Bitcoin Price Struggles to Hold $10,000
According to a report by Glassnode analytics provider, the number of Bitcoin wallets holding ten or more BTC has declined.
Stablecoins Could Bolster U.S. Dollar and Economic Competitiveness: Circle CEO
In a compelling testimony delivered to the House Financial Services Committee, Jeremy Allaire, CEO and Co-Founder of Circle, underlined the significant role stablecoins, such as the U.S. Dollar Coin (USDC), could play in strengthening the global position of the U.S. dollar.
Coinbase Suspends Trading on 41 Non-USD Pairs
Coinbase Exchange suspended 41 non-USD trading pairs on September 13, 2023, to improve market health and consolidate liquidity. Users on Coinbase Exchange, Advanced Trade, and Coinbase Prime can continue trades using USDC balances and USDC unification. The suspension has minimal impact on trading volume.
April 20: Too Many Have Missed the ETH Lining Because They're Expecting BTC
Trading Crypto with Eugene is a series of daily commentary on the crypto market and trading advice from Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful!
Poundtoken and BitcoinPoint will make the country's first 100% backed GBP stablecoin
Two UK firms employ ATM stablecoins to make Britain a "crypto centre."
Coinbase: Moving America Forward or Moving out of US?
In an effort to promote the importance of cryptocurrency and its potential to revolutionize the global financial system, Coinbase, the leading crypto exchange, launched a national campaign, "Crypto: Moving America Forward."
Bitcoin Most Popular Crypto in North America, Market Experts Report
Bitcoin has always been the most popular cryptocurrency on the global market, but the region that is most invested in BTC assets appears to be North America.
Fidelity Digital Assets Custody Ready for Bitcoin Derivatives Yield Fund
Wave Financial, based in Los Angeles, launched the Wave BTC Income & Growth Digital Fund, racing to become the first crypto derivatives-based yield fund in the market.
Ransomware Group Demands $4M in Bitcoin from Argentina, Border Activity Halted for 4 Hours
A Bitcoin ransomware attack was directed towards Argentina’s immigration agency, halting border crossing temporarily.
Singapore's FOMO Pay Introduces New Crypto Payment Solution for Retailers
Singapore-based major payment institution FOMO Pay has introduced a new cryptocurrency payment solution for retailers in the island city-state.
Goldman Sachs Invites Investors to Conference Call on Bitcoin, Gold and Crisis Markets
Goldman Sachs is preparing to host a conference call with its top investors to discuss the impact of the current economic crisis on inflation, gold, and Bitcoin.
Bitcoin Mining Technology Luxor Completed $5M Series A Funding Led by NYDIG
Luxor announced the completion of a Series A funding with a total value of $5 million.
Hut 8 Mining Corp Refutes JCapital Research's Allegations
Hut 8 Mining Corp, a leading Bitcoin miner, strongly refutes allegations by JCapital Research in a recent short report, emphasizing their commitment to transparency and urging stakeholders to refer to official SEC and Canadian regulatory filings for accurate information.
NBA Superstar's Thirty Five Ventures Signs Deal With Coinbase
Thirty Five Ventures, co-founded by NBA superstar Kevin Durant and sports manager Rich Kleiman, announced a new multi-year business partnership with cryptocurrency platform Coinbase Global.
Bitcoin Needs to Flip the $47K Area for Support before Witnessing a Surge to $50K
Market analyst Michael van de Poppe believes that Bitcoin needs to flip the $47K area to accomplish its $50K journey.
Over $5M Bitcoin Worth Transferred towards Aiding Ukrainian Army Amid Russian Invasion
At least $5 million in Bitcoin has been donated to boost the Ukrainian Army since Russia attacked the nation on February 24, according to blockchain analytics firm Elliptic.
Primex Finance deploys its Beta on zkSync testnet to enable margin trading on DEXs
Pioneer cross-chain prime brokerage protocol Primex Finance announces the deployment of its recently-launched Beta version on the zkSync 2.0 testnet. Taking place at the end of October 2022, the integration will enable the project to offer users better transaction speed for margin trading on DEXs. At the same time, traders will be able to take advantage of lower gas fees and a high level of security on Primex Beta.
Billionaire Tim Draper Predicts Bitcoin Will Reach $250,000 by the End of 2022
Billionaire Tim Draper said he remains optimistic about Bitcoin and expects its price to reach $250,000 by the end of 2022 or early 2023.
Celsius, BlockFi, Voyager: An Endless List of Reasons Why Users Need To Take Self-Sovereignty Seriously
The ongoing issues affecting various major DeFi projects have sparked fear and concern among enthusiasts. When multi-billion dollar projects suspend trading and withdrawals without further communication, there is cause for concern. Portal, a self-hosted Layer 2 wallet and DEX on Bitcoin, shows things can be done differently.
Total Bitcoin Locked in DeFi Spikes as Overall TVL Continues to Decline
As the Total Value Locked in DeFi plunges, Bitcoin investors appear to be saving their holdings in smart contracts amid price falloff.
Bitcoin Hits New All-Time High Above $62,000
BTC has scaled a new height by surging past the $62k mark, a fate not seen in its twelve-year journey.
Spirit Blockchain Capital to List on CSE in September
Blockchain and digital assets company Spirit Blockchain Capital Inc. (Spirit) announced that it has received listing approval from the Canadian Securities Exchange.
Bitcoin Millionaire Warns Against Disclosing Crypto Holdings After Narrowly Escaping Rubbery Attack
It has been reported that a millionaire who happens to have acquired his wealth through Bitcoins fell into the arms of an armed robber. He used this to sound a note of warning to other members of the crypto community.
Have We Really Seen the Last of Former Presidential Crypto-Candidate Andrew Yang?
Have we really seen the last of former Presidential Crypto-Candidate Andrew Yang?
LocalBitcoins Seller Charged by US Homeland Security for Money Laundering
Kenneth Rhule, a localBitcoins seller is charged by the US Homeland Security for conducting an unlicensed money transmitting business. Rhule can face up to forty years in prison on account of fraudulent activity alongside illegal marijuana production and distribution.
How Smart Money Is Investing
With a flurry of renewed interest in cryptoassets, and multiple new opportunities for riches abounding, the vast majority of us can’t help but tentatively listen to that voice whispering in our ear, “remember 2018”. The bull run throughout 2017 ended in tears for many as early 2018 saw the market enter into an abrupt and prolonged bear cycle that lasted the better part of three years.
Outage Hits Coinbase Exchange, US Bank Accounts Clients Affected
Coinbase platform faced outages on Sunday due to glitch issues causing inconvenience to its customers. Restoration efforts are still underway for more than five hours.
India May Imposes 2% "Equalization Levy" on Offshore Crypto Exchanges
According to local media sources in India, the regulator intends to impose a 2% "equalization levy" on investors for cryptocurrency trading services from offshore exchanges that provide services to the Indian market.
Litecoin vs Ethereum: The 8 Differences that You Should Know
Litecoin and Ethereum have proven to be among the most fundamental digital assets in the crypto space. According to the Coin Market Cap, Ethereum is ranked the second most popular cryptocurrency after Bitcoin, whereas Litecoin is ranked seventh. Despite their popularity, their intentions are entirely different. It, therefore, becomes crucial to comprehend their unique aspects.
Bitcoin Is Better Than Gold: Crypto Exchange Coinbase
On May 1, 2020, the world's leading cryptocurrency exchange Coinbase published an article on its blog claiming that Bitcoin is superior to gold. The crypt exchange had earlier published a similar article where they supported Bitcoin over Gold due to its ease to audit, anonymity, low transaction fee, and ease to be fragmented into smaller fractions.
Eight Major Benefits of Salesforce Blockchain with a Real Life Example
How real-life benefits from the SalesForce blockchain that will help businesses achieve better outcomes from their CRM data? This article got more details.
Billionaire Investor Howard Marks Changes His Mind on Bitcoin as Demand for Crypto Rises
Billionaire Howard Marks has acknowledged that the growing demand of Bitcoin has shifted his perspective.
Bitcoin’s Price to Rally Like Tesla Shares, BTC Could Surge Beyond Past Fundamentals
A crypto analyst compared Tesla's stock rally to Bitcoin's. What are the similarities and what's next for BTC?
China Allows Building of Hydroelectric Plant in Well Known Bitcoin Mining Town
Government authorities in China have allowed construction to go ahead to increase the capacity of current hydroelectric plants in the Ya'an district of Sichuan, a town popularly known in cryptocurrency circles to be teeming with Bitcoin miners.
Predictions of Rising Potential for Bitcoin and Ethereum in 2020
A recent Forbes article gives us insights into the driving forces which could determine the trends to follow in the upcoming year, within the cryptocurrency market. Read more in the article below, with insights from leaders from BIS, NEM Ventures, Close Cross, and CVA.
Japan to Introduce Legislation Governing Banks and Crypto Exchanges
The Japanese government is pushing for new legislation that will request cryptocurrency trading platforms operating in the country become governed by the same rules that apply to banks.
BIS has long taken a cautious approach
Agustin Carstens mocks crypto and Bitcoin. Tech doesn't work for money, he told Bloomberg.
MicroStrategy Acquires More Bitcoin Amid Market Recovery
MicroStrategy has acquired 6,455 Bitcoin for $150 million and repaid its $205 million loan to Silvergate at a 22% discount, according to a filing with the US SEC. The company now holds a total of 138,955 BTC, bought for $4.1 billion at an average price of $29,817 per coin. MicroStrategy also sold class A common stock worth $500 million and acquired BTC between Feb. 16, 2023 and March 23, 2023.
Blockstream CEO Criticizes Sushiswap as a "Ponzi" Scheme, Ripple as a "Scam," Litecoin for "Sell the Top"
Blockstream CEO, as the firm supporter of Bitcoin, just issued a series of tweets, criticizing Sushiswap, Ripple and Litecoin.
MetaBunny - An NFT Collection you don’t want to miss! Coming to you on 23rd MARCH 2022
Since 2021, NFT has been one of the hottest topics, it is said that the year 2021 is the Birth Year of NFT. According to “The Collins Word of the Year 2021”, the use of the word “NFT” has seen a 1,100,00% increase. In the birth year of NFT, its estimated sales also increased over 2,000% between Q4 2020 to Q1 2021, from 93 Million USD to an astounding 2 Billion USD.
Coinbase Stock Volatility Similar to Bitcoin, Ark Invest Purchases $246M Worth of $COIN
As Coinbase opened trading on the Nasdaq, the volatility has seen in the share price trend mimics that of Bitcoin and the broader cryptospace
FinTech in Belt and Road - the UK FinTech Bridge
In the second round of our interviews at the Belt and Road Summit 2019 in Hong Kong, Blockchain.News gained further insights from European representatives Germany, as well as soon to be European exiters—the UK to learn more about their countries’ latest developments related to the Belt and Road Initiative.
SushiSwap to Redirect Trading Fees to its treasury
SushiSwap will shortly transfer all trade fees to its treasury. 99.85% of voters "clawbacked" 10,936,284 unclaimed SUSHI ($14.8 million) tokens.
New Revolutionary Trading Platform Allows You to Trade 48 Forex, Indices, Commodities and Cryptocurrency Markets with Your Bitcoin!
Geco.one brings Bitcoin holders the ability to enter the Forex, Indices and Commodities markets - as well as of course the Cryptocurrency markets, for the first time by simply depositing Bitcoin.
Despite $45M Square’s BTC Impairment Loss, Cash App’s Quarterly Bitcoin revenue has Tripled
Digital payment giant Square officially released the Shareholder Letter of Q2 2021 on Sunday. Its financial data for the quarter recorded the quarterly bitcoin revenue of its Cash App has tripled, despite the company's bitcoin holdings were devalued by $45 million.
Coinbase CEO Brian Armstrong To Sell 2% Stake to Fund Science and Tech Development
Science and technology play a crucial role in responding to the most important issues facing the world today. This is why Coinbase CEO is funding the initiative.
Ethereum Network's Transaction Prices has Declined: The Block
The Ethereum network's gas fees have declined significantly since 2021, according to The Block.
BTC Breaks Its Strong $10,000 Support Amidst US-China War Trade Cool Off
The price of Bitcoin has taken a serious hit in the past few days as the largest cryptocurrency has dipped below its supposedly strong support of $10k and bounced back up.
Puma Launches Metaverse Space Black Station for Displaying NFTs
Puma has entered the metaverse by launching an interactive space titled Black Station to showcase limited edition NFTs based on its sneakers.
CoinDCX Suspends Deposits and Withdrawals, Citing Compliance Requirements
CoinDCX has suspended withdrawals. The exchange said compliance, risk and monitoring requirements necessitated the decision. All users are expected to follow an enhanced due diligence process to enable crypto deposits and withdrawals.
Co-Founder Jihan Wu Resigns from Crypto Mining Giant Bitmain
Jihan Wu, the co-founder of Bitmain, has announced that he is stepping down as the chairman of the company in light of internal power struggles.
Three Wallets Sell $1 million Worth of PePe Coin for Pond Coin
Three wallets have shifted their positions from $PEPE to $PNDC, indicating a change in investor sentiment or strategic positioning. The move follows a significant shift in market sentiment, with Pepe Coin experiencing a sharp decline since its Binance listing in May 2023.
Chainlink (LINK) Price to Gain Bullish Momentum Despite Broken Correlation with Bitcoin
Chainlink has not seen any upside strength recently, even though Bitcoin has been able to rally over 4% in the past 24 hours. What's next for LINK?
Bank of Israel Has Conducted Digital Currency Shekel Crypto Testing
Israel announced that the country has already conducted a pilot test on its digital shekel as part of its efforts to issue the Central Bank Digital Currency for public use.
Bitcoin Rebounds, Despite Bearish Confidence among Institutional Investors
Bitcoin’s price rebounded slightly, which has increased by 24.15% over the past week. However, the institutional sentiment remains bearish.
Are You Ready for Halal Cryptocurrency?
Recently, many cryptocurrencies are being introduced to serve different purposes. This time round, halal cryptocurrency is soon coming. But are you ready for it?
Ambire Launches ‘Smart Wallet’ Series on Twitter Spaces to Educate and Engage Crypto Users
Following the debut of the first ‘Smart Wallet’ Twitter Spaces on July 21, Ambire is launching a fully-fledged infotainment series, held on Wednesday every week. Smart Wallet is designed to inform, guide and educate users of the crypto space about smart wallets, highlighting their strength as versatile instruments in the wider context of EVM networks and Web3.
Google Cloud Introduces Blockchain Node Engine for Web3 Development
Google Cloud's latest launch, Blockchain Node Engine, aims to help Web3 developers build and deploy new products on blockchain-based platforms.
PayPal Joins Coinbase TRUST Network to Comply with Travel Rule
Coinbase has welcomed PayPal for joining TRUST, a global coalition that offers top-tier privacy and security safeguards to clients across jurisdictions while complying with the Travel Rule.
Crypto Project Baer Chain Has Been Classified as a Ponzi Scheme by the Chinese Police Department
The police department of the Haizhou district in Lianyungang, a coastal city in China published a notice on " information verification and registration of investment members of the Baer Chain case” on June 15. According to the notice, the project has been classified as a Ponzi scheme.
Despite Threats of Ban, Russians Transact Over $5B in Crypto Annually: BOR
A new review on financial stability published by the Russian apex bank on Thursday showcases that the crypto savvy population in the country has transacted more than 350 billion rubles, or $5 billion.
Spanish Lawmaker Tables a Proposal to be Bitcoin Mining Hub after Kazakhstan Internet Shutdown
Maria Munoz, a member of the Congress of Deputies, seeks to make Spain a Bitcoin mining hub following the turmoil that was continually rocking Kazakhstan.
HK's Ex-Financial Secretary Joins Digital Wealth Manager StashAway as Advisor
John Tsang has become the advisor of StashAway, a Singapore-based digital wealth firm, and has planned to give away a portion of his soon-to-be issued NFTs to attract new clients, Bloomberg reported.
Deloitte Tests Remuneration of Its Staff Using Bitcoin
Deloitte one of the most reputable audit firms globally has shown plans of testing BTC payments on its staff for optimal adoption.
Binance's Market Dominance Challenged as OKX and Upbit Gain Ground
The 2023 CEX Market Report shows Binance's dominance diminishing as OKX and Upbit gain market share. Factors like on-chain data, user growth, and social media presence contribute to the evolving CEX landscape.
Decline in Cryptocurrency ATMs in 2023: A Global Perspective
In 2023, the global number of Bitcoin ATMs decreased by 11.1%, marking the first decline in a decade, with the U.S. being the largest host, contrasting with growth in the EU and other regions.
Thailand SEC Eases ICO Restrictions
Thailand’s Securities and Exchange Commission (SEC) plans to lift restrictions on retail investment in initial coin offerings (ICOs). The SEC aims to permit bigger investments in asset-backed ICOs, including those backed by real estate and infrastructure.
Venezuelans to Bypass Hyperinflation with Bitcoin-Backed Synthetic US Dollars After Years of Extreme Economic Crisis
A cross-border remittance startup based in Colombia, Valiu has released a new Bitcoin-backed US dollars for Venezuelans to bypass the hyperinflation that has been tormenting their national economy.
Core Scientific Signs Hosting Deal to Add 75 MW to ASIC Server Capacity
US-based crypto mining company Core Scientific has signed a colocation agreement to secure at least 75 megawatts of energy capacity for its data centres.
SEC Charges Disgraced Lobbyist Jack Abramoff With Fraud for AML Bitcoin ICO
Political lobbyist Jack Abramoff and Marcus Andrade, CEO of the NAC Foundation, have been charged with fraud by the Securities and Exchange Commission (SEC) for misrepresenting their token’s compliance. The pair also face criminal charges with the Department of Justice (DOJ) for money laundering.
Coinbase Facing SEC Probe over Crypto Listing: Sources
Coinbase is reportedly facing a probe from the US SEC into whether it improperly let Americans trade digital assets that should have been registered as securities.
FinFabrik and Lumiere Co-create the First Securitized Film with ‘Papicha’
FinFabrik and Lumiere, two companies based in Hong Kong made history by performing the first tokenisation of a direct investment into a movie in the world.
TRST01 Partners with Blockchain Protocol Rubix to Create Green Economy
Two blockchain technology companies, TRST01 (Trust O One) and Rubix, have established a cooperation to provide a Web3 green blockchain technology platform for institutions to create a green and zero-carbon emission future.
Ethereum City Builder MCP3D Goes DeFi with $MEGA Token October 28
Recent months demonstrated explosive growth of decentralized finance with $13 Billion in total value locked. Normally, games are the first thing to take off on new platforms, and seems like DeFi is not an exception here.
Core Scientific to Host CoreWeave's AI and HPC Workloads in $100M+ Deal
Core Scientific has signed a multi-year contract to provide CoreWeave with up to 16 MW of data center infrastructure for AI and HPC workloads, with potential revenue exceeding $100 million.
To Criminalize or Not to Criminalize Bitcoin and Crypto? Moscow Reconsiders
The State Duma is discussing its legislative plans regarding Bitcoin and cryptocurrency usage and has been reported to seemingly have a change of heart regarding digital assets adoption in Russia.
Bitcoin’s Liquidity is Vanishing From Exchanges and Supply Crisis is Near, Bullish for BTC Price
Bitcoin ultimately has a total supply of 21 million coins, some of which has not been mined yet; considering lost coins, the actual supply is way fewer.
Square's $50 Million in Bitcoin is Better for Crypto than MicroStrategy's $425 Million BTC Investment
While Square’s investment is significantly smaller than MicroStrategy’s, the effects could be significantly greater for Bitcoin’s visibility and maturity in the mainstream markets.
Puerto Rican Regulators Closes Peter Schiff's Bank - a Case for Decentralization?
Puerto Rican authorities have closed down the Euro Pacific Bank, a local financial institution that belongs to Peter Schiff, the world’s most vocal Bitcoin (BTC) critic.
Coinbase Allows Employees to Get Four Charge Weeks Holidays for Restoring Energy
Major U.S. cryptocurrency exchange Coinbase said it will give its employees four charging weeks (roughly one per quarter) in 2022 to allow employees to store power.
Twitter Takes on Decentralization with New Social Media Development Project
Bluesky – the new social media decentralized initiative, endorsed by Jack Dorsey of Twitter and five other programmers. Dorsey has dedicated funds for this new project, which ultimately will put social media platforms on blockchain.
Top Three Coins to Watch for the Week: BTC, DOT & OMG
Based on prospective ecosystem activities, BTC, DOT, and OMG are some of the top coins to watch out for this week.
Dismissal of Lawsuit Against Tether and Bitfinex Affirmed, Plaintiff Drops Appeal
Tether and Bitfinex have won a lawsuit against Shawn Dolifka and Matthew Anderson, despite allegations of misleading statements about USDT reserves, underscoring the importance of transparency in the cryptocurrency sector.
Bitcoin Still has One Key Barrier to Institutional Adoption Even After MicroStrategy's Move, says Raoul Pal
2020 has been a year of institutional adoption for Bitcoin, as many entities have rushed near the second half of the year to invest in Bitcoin.
Malta A.I. & Blockchain Summit looks to shape the future
SiGMA Group has announced that the winter edition of Malta A.I. & Blockchain Summit will take place 7th to 8th November 2019, at the InterContinental Arena Conference Centre, St Julian’s, Malta, marking the second event in 2019 for the successful expo.
US Draft Bill Proposes Framework for Stablecoins
A new draft bill has been published in the United States proposing a regulatory framework for stablecoins. The bill would put the Federal Reserve in charge of non-bank stablecoin issuers, such as Tether and Circle. Insured depository institutions seeking to issue stablecoins would fall under federal banking agency supervision. The bill also includes a ban on issuing stablecoins not backed by tangible assets and proposes a study on "endogenously collateralized stablecoins."
How Blockchain Technology Can be Used to Leverage Booming TikTok and Influencer Trends
Blockchain technology has been a growing hot topic, with companies integrating it more and more into their ecosystem for better security, decentralization, and lower costs, among other things.
Fundraising by Crypto Companies Accounts for $8.2B in Q3
A study says that as cryptocurrencies continue gaining steam, crypto companies raised capital worth $8.2 billion in the third quarter of 2021.
Over 42 Million Address Hold Bitcoin amid the Bear Market, 4.5 Million More than 2021
Bitcoin lacks a significant leg up as bears continue to bite. Nevertheless, Bitcoin hodlers are not relenting in their quest to have more coins.
Job Cuts at Circle and Dapper Labs: Bear Market Not Over
Even the giants are not immune to market pressures. Recent reports have highlighted significant workforce reductions at two major blockchain companies, Circle and Dapper Labs, despite their substantial fundraising successes.
El Salvador to Reform Laws to Favor Citizenship through Investment
President Nayib Bukele is pushing for several policy reforms that will grant Citizenship by Investment to foreign investors, according to his recent disclosed message on Twitter.
How the 2020 Bitcoin Bull Run is Different From 2017, High Confidence Seen in BTC at Current Price
Mike McGlone noted that there are more reluctant BTC sellers this time, compared to the massive Bitcoin rally seen in 2017.
Blockchain Based Ad Networks Represent the Future of Advertising
The crypto vertical is a highly converting arena for ad marketing networks. They heavily push crypto to their network of affiliates, taking on a variety of digital exchanges and wallets on the advertiser side of the equation.
Bitcoin Briefly Slips Below $20K amid Fed Chair’s Revelation that Rate Tightening will Continue
Bitcoin (BTC) nosedived below the psychological price of $20,000 as recession, and rate tightening fears engulfed the market.
Buying Pressure on Bitcoin Dwindles as more BTC Moving to Exchanges
Bitcoin’s bearish momentum continues, data shows more Bitcoins are transferring to exchanges from cold wallets, which means the selling pressure is on the rise.
Telegram Abandons TON and Gram Tokens, Durov Critical of US Regulating Whole World
Telegram CEO Pavel Durov has announced that they are calling it quits on the Telegram Open Network (TON) and its Gram tokens after a drawn-out battle with the United States Securities and Exchange Commission.
Analysis of Dominance and Dynamics of Bitcoin Mining in 2023
In 2023, Bitcoin mining saw top pools like Foundry and Antpool dominate, navigating 27 difficulty adjustments and 147 empty blocks, showcasing evolving blockchain dynamics.
Russia to Permit Partial Bitcoin Mining
Despite the back-and-forth stance toward crypto in Russia, serval Russian departments have reached a consensus that Bitcoin mining should be legalized in areas rich in electricity.
Generate Capital to Purchase Bankrupt Compute North's Assets in 2 Mining Sites
The loan secured from Generate Capital prompted Bitcoin miner Compute North to file for bankruptcy protection.
MetaMask Adds Apple Pay Integration, Expands Options for Buying Cryptos
ConsenSys-owned crypto wallet MetaMask announced Tuesday the addition of Apple Pay integration, increasing options for buying cryptocurrencies.
Biden To Aim at Deal With The Role of Crypto in Ransomware Attacks at G7 Meeting
Ransomware attacks and the role of cryptos like Bitcoin is a concern to the U.S. President Joe Biden is set to address with the G7.
New York Files Lawsuit Against Coinseed Crypto Platform for Allegedly Defrauding Thousands of Investors
New York State Attorney General, Letitia James, has filed a class-action lawsuit against Coinseed crypto platform and the company’s executives for defrauding investors more than $1 million to enrich themselves between 2017 and 2018.
BCH Price Sees a Bullish Correction After A Week-Long Dip, Chainlink (LINK) Still On a Downtrend
This article reviews the short term price analysis of altcoins Bitcoin cash (BCH) and Chainlink (LINK) as the overall crypto market continues to move bearishly sideways.
Has Tesla's Elon Musk Been Buying Bitcoin with Michael Saylor's Playbook?
Less than a month ago, MicroStrategy’s CEO Michael Saylor offered to share his Bitcoin playbook with SpaceX founder Elon Musk—did Musk accept the offer?
Mortgage giant Sun West Up to give away 5 ETH as they introduce blockchain technology during the Game on event June 25th via livestream from Vegas
Sun West CEO and Morgan’s innovator Pavan Agarwal was welcomed by Hall of Famers Terrell ‘TO’ Owens and ‘Ivan’ Pudge Rodriguez as part of the leadership coaching event ‘Game On’.
The Biggest Cryptocurrency Exchanges In 2021
It can be extremely scary to invest in cryptocurrencies especially for a new time investor due to the constant news they hear about scams.
SWIFT Works with Chainlink Labs to Develop Cross-chain Interoperability Protocol
Society for Worldwide Interbank Financial Telecommunication (SWIFT) has called for a partnership with the Chainlink Labs Cross-Chain Interoperability Protocol (CCIP) to improve the efficiency of traditional finance (TradFi) on the blockchain.
27% Female Professionals Participate in Web3-related Projects, KuCoin Study Shows
A study shows only 27% of female working professionals have participated in web3-related projects, which is still lower than their male counterparts.
Vitalik Buterin's USDC Transfer, Market Crash and USDC Depegging
Vitalik Buterin, the co-founder of Ethereum, recently executed a transaction that involved transferring 3,300 USD Coin (USDC) amidst a market downturn. This event coincided with Ethereum's price falling by more than 10%, reaching a low of $2,100, and a significant depegging of USDC by 24% against USDT.
UK Adults Hesitant in Crypto Investments due to Perceived Lack of Security
A quarter of the UK's adults are hesitant in crypto investments due to a perceived lack of security, according to research from TMT Analysis.
El Salvador Buys the Dip for another 500 Bitcoins
The crypto trading world is in a sell-off panic due to the Fed’s rate hike. President Nayib Bukele announced Monday that the government bought just 500 bitcoins at an average price of $30,744, spending about $15.5 million.
Binance Reveals Why 30 Trading Pairs Where Removed From Its Exchange Platform
The cryptocurrency exchange giant based in Malta, Binance has been outshining Justin Tron who has been renowned for his high marketing skills.
Coinsquare Acquires CoinSmart to Float a Dominant Crypto Exchange in Canada
Coinsquare has entered into a decisive agreement with CoinSmart Financial Inc to purchase the crypto trading platform
Bitcoin Inflows to Exchanges on the Rise, Which Could Signal a Bearish Momentum
An increase of Bitcoin inflows to crypto exchanges is being witnessed.
Stimulus Checks and Gary Gensler: Is President-elect Joe Biden Long on Bitcoin and Altcoins?
Is President-elect Joe Biden long on Bitcoin and cryptocurrency?
Multi-Grammy Winning Singer Akon Planned to Launch Akoin on Stella Network
More updates on Akoincity as Akon’s cryptocurrency project will be available on a newly release whitepaper. Akoin will be launched on Stella Lumens (XLM). Will this trigger massive cryptocurrency adoption in Africa?
Do Kwon Suggests Terra Hard Fork to Revive Troubled Network
Do Kwon, the CEO of Terraform Labs, believes hard forking the Terra blockchain will play an instrumental role in saving the troubled network.
Bitcoin's Price Forecast: Can BTC Surge by $12K in 2024?
Matrixport predicts Bitcoin to reach $125,000 by the end of 2024, aligning with historical trends of post-halving price rallies. CoinCodex forecasts a significant increase, predicting a peak above $170,000 in 2025.
Russian Prime Minister Calls for Civilized Approach to Crypto Regulation
Mikhail Mishustin, the Russian prime minister, has stated that the cryptocurrency market ought to be advanced in a civilized manner.
Pantera Capital Predicts Bitcoin to Hit $35k Before 2024 Halving and Surge to $148k Afterward
Pantera Capital's publication explores the "positive black swan" event in the blockchain industry, highlighting its positive implications, historical predictions, rapid growth, resilience, and the transformative potential of DeFi platforms.
Non-Zero Bitcoin Addresses Hit ATH as Illiquid Supply Sees Major Growth
More participants continue to join the Bitcoin (BTC) network despite continued consolidation.
Reasons behind Monday’s Crypto Market Sell-off Panic: Evergrande Group shaky Bankruptcy Threat Ahead
The fall down of the Chinese real estate giant Evergrande Group swept the entire cryptocurrency market. Evergrande’s financial crisis caused investors to worry about China’s catastrophic debt default, which caused panic selling in the market.
Ethereum’s Joe Lubin: ‘I Would Love to Help China Get Expert in Ethereum Technology’
Ethereum co-founder and ConsenSys founder Joseph Lubin was interviewed by Forbes on Saturday, and among other things, he said that he’d love to help China get up to speed with Ethereum technology.
MicroStrategy Purchases Another $650M Bitcoin, Convincing Elon Musk Large Transactions Can be Done
Another weekend, another round of Bitcoin—MicroStrategy has announced another purchase of Bitcoin, this time, of $650 million in BTC.
US Treasury Department Believed to be Hacked by Russians, Bitcoin Bulls Respond “BTC Never Gets Hacked”
The US Treasury Department has been on the receiving line of a huge security breach that saw their internal servers targeted.
MicroStrategy Scoops Up Extra 229 BTC Worth $10M
MicroStrategy topped up an additional 229 BTC in cash to its Balance Sheet, which worth as much as $10 million.
NBA Top Shot Creator Dapper Labs's Flow Launches $725m Blockchain Ecosystem Fund
NBA Top Shot producer Dapper Labs has announced a $725 million eco-fund for Layer 1 blockchain Flow to help grow the flow ecosystem.
Japan’s Crypto Exchange Coincheck to List on NASDAQ Stock Market in July 2023
Coincheck wants to list its shares on the Nasdaq through a merger with a SPAC company.
Ripple’s CEO Argues XRP Decentralization: Are Bitcoin and Ethereum Really Controlled by China?
The Ripple team has countered the SEC's decentralization argument claiming that Bitcoin is controlled by China as a result of the mining pool concentration. Is this true?
Paxos Trust Company Disagrees With U.S. Securities
Paxos, a stablecoin issuer, received an SEC Wells notice earlier this month and "categorically denies" that BUSD is a securities.
ISO 20022—Central Banks Strike Back Against Bitcoin and DeFi Payments But XRP Price Will Surge
Central Banks are planning their own payments revolution which could eliminate most cryptos from the cross-border payments conversation - all except Ripple (XRP).
Central Bank of Russia Intends to Ban Crypto Mining and Activities
The Central Bank of Russia is going on the offensive in relation to the digital currency ecosystem in the country as the apex bank is calling for a blanket ban on crypto-related activities.
Tether's Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth
Tether Holdings Limited reported a Q4 2023 profit of $2.85 billion, boosted by US Treasuries, Gold, and Bitcoin reserves, and a net profit of $6.2 billion, showcasing strong financial health.
Brazil Records the First Blockchain-Based Birth Certificate
The first birth certificates recorded on the blockchain was issued in Brazil to Álvaro de Medeiros Mendonça.
Celebrities, Crypto, and Controversy: The Fallout of FTX's Bankruptcy
Tom Brady, the quarterback for the New England Patriots and winner of seven Super Bowls, served as an ambassador for the FTX bitcoin and crypto exchange, According to New York Times.
Indian Woman Caught After Stealing 63.5 Bitcoins From Company She Co-Founded
Ayushi Jain, a 26-year-old Indian woman, has been arrested by police after she stole 63.5 Bitcoins worth approximately $420,000 from Bengaluru-based BitCipher Labs LLP, a company she co-founded with Ashish Singhal.
US SEC Reopens Rejected Bitwise BTC ETF For Review
The United States Securities and Exchange Commission (SEC) has announced that it will revisit and review its previous decision to reject Bitwise Asset Management and NYSE Arca’s filing for a Bitcoin (BTC) exchange-traded fund (ETF).
Intel to Discontinue Blockscale Bitcoin Mining Chips
Intel plans to cut costs by discontinuing its Blockscale Bitcoin mining chips, with the company stopping orders for the ASICs by Oct. 20 and ending shipping roughly in April 2024. Intel launched the Blockscale mining chips in April 2022 with a hash rate of up to 580 gigahash per second. The move is part of Intel's strategy to prioritize certain chips for outside customers while monitoring market opportunities in the crypto space.
Bitcoin Price Surges Over the $10,000 Mark—Traders Expect it to Edge Higher
Bitcoin price crossed the $10,000 mark on July 26, reaching its highest level in almost two months. Bitcoin (BTC) is trading around the $10,248 level at press time. The last time Bitcoin was at the $10K level was on June 10.
Topnotch Bitcoin Mining Machine Manufacturer Bitmain Suspends Sales due to Chinese Crackdown
The world's top bitcoin mining machine manufacturer Bitmain Technology Co., Ltd. announced that it would suspend the sale of mining machines worldwide in response to the Chinese government's recent crackdown on domestic mining activites.
Elon Musk Says SpaceX Holding Bitcoin, Tesla Likely to Begin Accepting BTC Payment Again
Elon Musk reveals that SpaceX is a Bitcoin investor and Tesla is likely to resume accepting bitcoin as a form of payment.
Litecoin Outperformed Bitcoin in the Recent Crypto Rally: What’s Behind the LTC Price Surge?
Litecoin, currently ranked the fifth by market capitalization, has recently reached three figures for the first time last week in 16 months.
Women in Blockchain: Sam Shrager of BCB Group
The Women in Blockchain Series describes the journeys of some of the pioneer women driving initiatives and changing the nature of work by leveraging this revolutionary technology.
Bitcoin Breaches Psychological Level of $30K amid Dollar Index Slipping
After printing nine consecutive weekly red candles, a scenario not seen in its 13-year journey, Bitcoin (BTC) is back to winning ways after topping the psychological price of $30,000.
$600 Dollar Stimulus Checks to Stimulate Bitcoin Price Bullish Momentum
Data indicates a high possibility that many US stimulus recipients will opt to invest their $600 check into Bitcoin, which could further boost BTC's upward price momentum.
Genesis Coin Inc, Powering 35% of Global Bitcoin ATM Transactions, Acquired by Bitstop Founders
Genesis Coin Inc, the first and largest Bitcoin ATM software platform worldwide announced today that they have been acquired by early Bitcoin ATM pioneers Andrew Barnard and Doug Carrillo.
Veteran Trader Peter Brandt Warns Bitcoin Can Go Below $1000
After the roller coaster ride of Bitcoin early this morning, veteran market trader Peter Brandt comes out with a bold statement saying that Bitcoin price may go even down to as low as $1000.
Cosmos Hub Postpones Vote Date On New Security Model Proposal
After two respective postponements, the Cosmos' vote date to approve proposed changes to the network’s Hub has now been fixed to October 31.
Hive Digital Technologies Bolsters Global Reach with Swedish Data Center Acquisition
Hive Digital Technologies acquires a data center in Boden, Sweden, enhancing its Bitcoin production and affirming its commitment to green energy and AI.
Russia Collaborates With Other Countries to Setup Stablecoin Cross-border Clearing Platform
Russia is already working with several countries to establish clearing platforms for cross-border settlements of stablecoins, according to the state-backed TASS news agency.
Bitcoin Slips to 4-Month Low as Kazakhstan Internet Shutdown Hampers Mining
Bitcoin dropped below $42K for the first time since September 2021 as the market remains in the red.
Coinbase Up 69%, MicroStrategy Up 74% From Lows
Since its Jan 6 lows, Coinbase's share price has climbed 69%. MicroStrategy and Block Inc. also gained. Bitfarms and Marathon Digital Holdings shares rose 140% and 120%. After selling at a 45% discount on Dec 28, it is presently at 36%. Some analysts attribute this to January 12's good U.S. inflation data.
Coinbase Commerce Accepts Dogecoin as Payment Method
Coinbase’s e-commerce platform officially announced that it accepts Dogecoin as a payment method Wednesday. Yet, it excludes in the scope of The S&P Cryptocurrency Broad Digital Market (BDM) Index.
BTSE Becomes 1st Exchange to Offer Perpetual Futures Trading for Overcollateralized Stablecoin
Crypto exchange BTSE has become the first to offer perpetual futures trading for the world's newest stablecoin- US Decentralized (USDD).
Swiss non-profit and Blockstream to Broadcast Bitcoin Proof via Satellite
Swiss non-profit ZeroSync Association and Bitcoin infrastructure firm Blockstream are partnering to broadcast Bitcoin zero-knowledge proofs from Blockstream’s satellite, enabling faster syncing and global access.
Fidelity Digital Assets Head says Bitcoin Still Too Volatile To Be Store of Wealth
Tom Jessop, President of Fidelity Investments digital assets arm said his firm still uses the word “potential” when describing volatile Bitcoin’s ability to act as a store of value
Big Time Studios announces OPEN LOOT Platform & Gaming Fund
Following the success of launching the flagship title ‘Big Time’ into Early Access and generating NFT sales in excess of 100 million dollars, BIG TIME Studios Ltd. (BTS) announced the OPEN LOOT (OL) Platform. OL enables developers to launch web3 games and distribute their NFTs through the OPEN LOOT Marketplace. Its Vault technology enables an extremely easy-to-use experience for receiving and managing blockchain-based digital assets, allowing players to trade and sell to one another in a very natural way.
John Deaton Files Amicus Brief in Support of Coinbase's Appeal Against SEC
John Deaton, a Republican lawyer and Senate candidate, has submitted an amicus brief supporting Coinbase's appeal against the SEC, arguing that labeling token transactions as securities is impractical.
Number of Bitcoin Addresses in Loss Is Currently at a 1-Month Low
Bitcoin number of addresses in a low is at a 1-month low of 330,817.774
Three Major Central Banks Play a Pivotal Role in Bitcoin Adoption
Market analyst Holger Zschaepitz believes that the big three central banks, namely the Federal Reserve (Fed), the Bank of Japan (BoJ), and the European Central Bank (ECB), have been instrumental in Bitcoin adoption.
Ukrainian Volunteer Groups Receive Bitcoin Donations amid Tension with Russia
Ukrainian volunteer groups and related NGOs are receiving Bitcoin donations, given that Russia has marshalled at least 100,000 troops on the border.
Luxury Luggage Brand Hermes Files for Crypto, NFT and Metaverse Trademarks
In December last year, luxury giant Hermes sued NFT project MetaBirkins for allegedly using its brand to sell digital collectables, joining other luxury fashion companies trying to gain a foothold in the virtual online world.
Lawrence Dallaglio Appointed Strategic Global Advisor for Caduceus to bring Sport into the Metaverse
Caduceus Metaverse Protocol (CMP) today welcomes on board English World Cup Winning Rugby legend Lawrence Dallaglio in a vital new advisory role Caduceus is the world’s first Metaverse protocol with edge-rendering technology to bring developers, creators, and users on an unrivaled Metaverse experience. In their quest to introduce web3 technology to the wider public, they have now signed up Lawrence Dallaglio to work in an advisory role.
Binance Admits to Storing Customer Funds in the same wallet
Binance maintains certain client assets in the same wallet as its collateral for in-house tokens. Binance moved the funds to collateral wallets after the disclosure. B-Tokens are 1:1 collateralized, according to the company.
President of Liberland Keynotes in Vienna and London
As part of his continued international work, President of Liberland, Vit Jedlicka, presented recently in both Vienna and London. Opening his talks he asked the audience “who has thought about founding a country?” In both cases, the audience responded with humour and some awe. And in London about six hands went up. Vit had hit upon a nerve which may or may not have been promoted by Brexit.
Ripple Co-Founder Proposes Alternatives to Proof-of-Work Model to Make Bitcoin More Sustainable
Many industry experts have addressed the issue of sustainability, and how the current Bitcoin network can be tweaked to achieve better energy efficiency.
Third Co-Founder of Centra Tech Pleads Guilty for $25 Million ICO Fraud
It has recently been announced that the third co-founder of Centra Tech has agreed to plead guilty for his role in the $25 Million Initial Coin Offering (ICO) Scam his cryptocurrency firm was involved in.
LSE Set to Launch Bitcoin and Ethereum ETNs
LSE readies for Bitcoin & Ethereum ETN listings in Q2 2024, aligning with FCA's updated crypto stance, signaling a landmark for regulated crypto investments.
Why Bitcoin Traders Are Continuously Buying the Dip
Bitcoin (BTC) fell below the important support level of $52,000 yesterday, dropping to a low of $50,360.
Ransomware Group Strikes Again: Canon Takes a Hit
Canon recently suffered a cyber attack where approximately 10 terabytes of files, photos and data were stolen.
Speculation Mounts as Elon Musk Changes Twitter Profile Pic to Bored Ape NFT Collage
As Elon Musk, the Chief Executive Officer of Tesla and the new owner of Twitter, changed his profile picture to Bored Ape Yacht Club (BAYC) Non-Fungible Token, what will he do for his next move?
Binance Unveils Crypto-Powered Debit Card in Europe For Seamless Transactions Across 60 Million Merchants
Leading crypto exchange Binance has rolled out the Binance Card, a crypto debit card, in Europe that will enable users to convert their stored cryptocurrencies like Bitcoin (BTC), Binance Coin (BNB), Swipe (SXP), and Binance USD (BUSD) to fiat and spend them at more than 60 million merchants worldwide.
ECB Officials Urges to Accept Digital Euro in Brick-and-Mortar Stores
Fabio Panetta, a member of the Executive Council of the European Central Bank (ECB), suggested that acceptance of the digital euro in brick-and-mortar stores, as well as online entities, would help promote the use of the fiat digital euro.
Web3-centric NFT Platform Pixel Vault Obtains $100M Investment
Pixel Vault, a web3-centric NFT platform, today announced a $100 million investment from venture capital firms Velvet Sea Ventures and 01A.
Social Media Giant Snap Lays off 20% of Staff, Terminates Web3 Team
Social media giant Snap announced 20% layoffs this week, leading the Web3 team to become a casualty of that move.
HK FinTech Week: What’s Next for Blockchain in Finance?
HK FinTech Week: What’s Next for Blockchain in Finance?
Square Wants Less Technical User-Friendly Cryptocurrency Wallets
Square Crypto, the cryptocurrency arm of the online payment service provider Square Inc is set to fund the development of crypto wallets with enhanced UX.
Bitcoin Slides Below $60,000, ETH & Altcoins Prices Drop
Bitcoin slid below $60,000 as euphoria over the first U.S. Bitcoin futures ETF dissipated. Other performances like Ethereum and altcoins have been subjected to the bear sentiment as well.
NYSE Launches Shares of Pro Crypto Silvergate Bank for Trading
American Commercial bank Silvergate Capital, a bank focused on digital currencies, is now officially established on the New York Stock Exchange (NYSE), with an opening of $12.75. Parallel to the event was the celebration of its initial public offering (IPO), as per NYSE.
UAE Crypto Insights: 72% Investors Lean Towards Bitcoin
The UAE's crypto investors, according to a survey by KuCoin, are overwhelmingly in favor of Bitcoin, highlighting the need for trust, security, and crypto education, as well as a keen interest in blockchain and AI integration, indicating the country's potential as a crypto hub.
Galoy Launches BTC-Backed Synthetic USD, Hedging Volatility Surprises in Bitcoin
Galoy believes that allowing dollars to flow through Bitcoin will assist in addressing short-term volatility price risk. Volatility is one of the biggest challenges hindering growth of Bitcoin as a means for casual payments.
Long-Term Hodlers Remain Unfazed, Despite Bitcoin’s Sentiment Hitting Rock Bottom
As Bitcoin stagnates between the $29K and $30K levels, sentiment about the leading cryptocurrency has nosedived to levels last seen during the onset of the Covid-19 pandemic in March 2020.
Coinbase Partners with Chainlink Labs to Launch NFT Floor Price Service
Blockchain infrastructure protocol Coinbase Cloud and decentralized oracle network Chainlink Labs work together by launching an NFT floor price feed service.
Bitcoin Price to Surge Above $11K or to Drop Below $10K? Factors that Could Affect BTC's Next Move
Bitcoin surged to its daily high of $10,930 and abruptly corrected after it hit the 30-day moving average, which has been a strong resistance level since Aug. 25.
Greed Caused the Bitcoin Price 20% Plunge, Will BTC Price Rise Again?
The Bitcoin price suffered a massive correction falling from its recent high of $41,500 to an intraday low of $32,829, but what happened and where is BTC headed next?
Coinbase Requires Regional Users to Provide Recipient Details for Crypto Transfers
Coinbase will require regional users to provide recipients' names and addresses whenever they transfer funds to other firms or exchanges, effective in April.
US CFTC Approves Clear Markets For Operating Crypto Derivatives
The U.S. Commodity and Futures Trading Commission (CFTC) confirmed it has approved the U.S. subsidiary of electronic trading platform developer Clear Markets to offer physically settled crypto derivatives, according to Clear Markets shareholder SBI Holdings.
Amazon Launches Virtual Clinic Called Amazon Care
Amazon, the world’s largest internet company by revenue, quietly launched a virtual health clinic for Seattle-area employees, CNBC reports.
Mt.Gox Sets Jan 10 as Deadline for Creditors to Register for Compensation
There seems to be a beam of light for customers of bitcoin exchange operator Mt.Gox as a date has been set for creditors to register and choose a repayment plan for them to recover their lost funds
Hedging, Staking and Saving - The Signs that Point to a Maturing DeFi Market
DeFi is currently on a maturity curve comparable to the same one that the cryptocurrency markets have undergone over recent years.
Jack Daniel’s Parent Company Brown-Forman Targeted for Ransomware by Notorious REvil
Brown-Forman, Jack Daniel’s parent company and a giant powerhouse in the alcoholic industry, recently suffered a ransomware data breach originating from REvil.
Russian Alexander Vinnik Remained To Jail Five Years For Money-laundering
The Paris Court remained upheld of five-year imprisonment for BTC-e operator Alexander Vinnik. Still, it exempted him from a fine of 100,000 euros to consider that Vinnik was unable to pay the fine.
Exclusive: CEX.IO - The Holistic Bitcoin Exchange Taking the US Regulatory Road Less Travelled
Oleksandr Lutskevych is the Co-founder and CEO at CEX.IO LTD, a successful London-based holding company consisting of the CEX.IO Bitcoin Exchange. Established in 2013 as the first cloud mining provider, CEX.IO is a multi-functional regulated cryptocurrency exchange, registered as a Money Business Service (MSB) by US regulator FinCEN.
Crypto Market Outflows Continue for 8th Week Amid Rising Rates and SEC Actions
The cryptocurrency market has recorded its eighth consecutive week of outflows, driven by ongoing monetary policy concerns and mounting regulatory pressures.
Bitcoin’s Taproot Upgrade Launch in Three Days, Smart Contract Capabilities to be Unlocked?
Within around three days, Bitcoin’s Taproot will go live. It is arguably the most anticipated and vital upgrade to the BTC network since the Segregated Witness (SegWit) improvement in 2017.
Bitcoin to See a Parabolic 2021 as Analyst Hints at Historical Trend that Could Take BTC to a New All-Time High
Bloomberg’s senior commodity strategist Mike McGlone said that Bitcoin will see a parabolic 2021, following the same pattern in its history in 2013 and 2017.
Ethereum (ETH) and XRP Price Gains Dwarfed Bitcoin Rally, Which Cryptos beat BTC in 2020?
Despite the BTC price gaining over 150% in 2020, BTC has been dwarfed by the price increases of other altcoins—including Ethereum (ETH) and Ripple’s XRP token.
IAMAI to Host World’s Largest Virtual Global Fintech Fest
New Delhi, 01st July 2020: Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising the two-day virtual Global FinTech Festival on 22-23 July 2020.
Celsius Received Approval to Continue Bitcoin Mining
Celsius Network has been granted the approval to use its mined Bitcoin to offset some of the deficit incurred in its daily operations.
Possible Impacts of Bitcoin Futures on the World Economy in the Next 10 Years
In the past month, there was a little increase of attention towards Bitcoin futures as Bakkt launched its own market, the Bitcoin futures market has been around since 2017. However, there are still some individuals who don’t clearly understand what it is.
Turkish Female Investors Shows More Crypto Knowledge than Male Counterparts, Study Shows
More women are investing and trading cryptocurrencies in Turkey as their crypto curiosity tops that of men, according to a survey by crypto exchange KuCoin.
Coinbase Will Likely Delist XRP Token as SEC Files Lawsuit Against Ripple
Coinbase has filed for an IPO and awaits the US SEC's review, the SEC is suing Ripple alleging XRP is security - Will Coinbase delist XRP before the battle even begins?
Bitcoin Eyes for Bigger Move, says Market Analyst
Some market analysts believe Bitcoin aims at a bigger move as the volatility will soon go through the roof, saying another volatility is coming.
Jackson City in Tennessee Plans to Accept Property Tax Payment in Bitcoin
US Jackson City in Tennessee State intends to permit its residents to pay property tax in Bitcoin, Mayor Scott Conger reveals.
Coinbase to Host Crypto Community Event in India to Support Entrepreneurs
As contained in a Blog post shared by Coinbase Global Inc, it will be hosting a crypto community event in Bangalore to discuss the future of crypto and web3 in the country.
MicroStrategy is Hiring a Bitcoin Developer to Design Enterprise Solutions
American Nasdaq-listed business intelligence firm, MicroStrategy Incorporated has put out a call in search of a Bitcoin Lightning Software Engineer
How To Protect Your Wealth When Bitcoin Continues To Drop
Concerns over the security of Bitcoin and the speech from Donald Trump may have caused a brutal sell-off among cryptocurrency markets.
Brazil’s Nubank Set To Launch Digital Currency On Polygon Blockchain
Nubank, a fintech bank based in Brazil has announced it’s set to launch its own digital token called Nucoin which will be available by the first half of 2023.
Asia-focused multi-currency stablecoin protocol, Bluejay Finance, raises $2.9M in funding
Bluejay Finance, a capital-eff icient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9M in funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects like Ribbon Finance, Flux, Voltz, and Alpha Venture Dao. Bluejay Finance, a capital-eff icient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9M in funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects like Ribbon Finance, Flux, Voltz, and Alpha Venture Dao.
WeWork Will Begin Accepting Crypto Payments amid Partnership with Coinbase
WeWork figures among the companies that have welcomed cryptocurrency payments with open arms. Partnering up with Coinbase and BitPay, WeWork will begin offering cryptocurrency payments as an option.
What are the 7 Key Takeaways from Facebook's Libra Hearings?
The debate on Facebook's Libra continues with the hearing with Senate Banking Committee on 16 July and the United States House Committee of Financial Services on 17 July. Here are the 7 key takeaways from the two hearings.
Why Bitcoin's Price Is Expected to Increase This April
Although Bitcoin (BTC) started 2021 with a bang, its momentum has slightly stalled in March .However, according to market experts, this trend is likely to be reversed as April approaches.
Bitcoin Supply Gets Back to Long-Term Holders
Bitcoin supply is finding its way back in the hands of long-term holders.
PwC: Crypto M&A and Fundraising in Asia Reports Major Growth
PwC previewed its latest white paper—PwC Global Crypto M&A and Fundraising Report—last Thursday at CoinDesk’s Invest: Asia event. This is the first report by PwC on the broader crypto ecosystem, but the firm will continue to publish updates twice a year moving forward.
Bitcoin Depot Converts Crypto ATMs to Software
Bitcoin Depot, a provider of physical Bitcoin ATMs, has converted all of its 7,000 crypto ATMs and kiosks to a software-based offering powered by BitAccess. This move eliminates the need for annual software licensing fees and comes after Bitcoin Depot acquired majority equity in BitAccess in November 2022. The market for crypto ATMs has seen a decline in installations since July 2022, according to data from Coin ATM Radar.
53% of the Top 100 Cryptocurrencies are Trading Below Their 200-Day Moving Average
Due to massive liquidations experienced nearly two weeks ago, 53% of the top 100 cryptocurrencies have not fully recovered because they are still trading below their 200-day moving average.
Ethereum Killer Polkadot Rallies as ETH Lags Behind, What’s Next for DOT?
The Polkadot (DOT) token has managed to secure its gains in the past week, while other altcoins lagged behind Bitcoin’s price surge.
Bitcoin Online Courses Skyrocket by 300% in The Wake of Coronavirus
Many people are enrolling for cryptocurrency and Bitcoin online courses as coronavirus (COVID-19) has necessitated measures like quarantines, social distancing and lockdowns. As the world continues grappling with this infectious disease, people have been made to change their daily lifestyles and settle for alternatives like the online space for knowledge acquisition.
El Salvador Scoops 410 BTC as the Coin Slumps to a 5-Month Low
El Salvador President Nayib Bukele announced the country has acquired another 410 Bitcoins for just $15 million amid the ongoing Bitcoin dip.
Bitcoin Investment in Pension Portfolio Diversifies Inflation Risk: First Digital Trust CEO
Blockchain.News conducted an interview analysis to examine whether adding Bitcoin to a standard pension fund portfolio has positive impact on the fund’s risk and return figures.
Marathon Digital Initiates Bitcoin Mining Powered by Renewable Landfill Energy
Marathon Digital Holdings and Nodal Power are launching a 280 kW Bitcoin mining pilot project in Utah, converting harmful methane emissions into electricity for sustainable mining.
Corrupt Cop Sentenced to Prison for Accepting Bitcoin Bribe from Dark Web Drug Dealer
A former police officer has been sentenced to 8 years in prison for accepting a Bitcoin bribe from a dark web dealer, in exchange for his professional services.
Biden's Administration to Release Crypto Strategy on Digital Assets Next Month
US President Joe Biden's administration is working on an initial government-wide strategy on digital assets for release next month.
South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds
The South Korean administration might consider categorizing proceeds from cryptocurrency transactions as other income that is subjected to 20% tax, such as prize-winning or lottery.
Citizens Trust Bank Holds $65 Million in USD Coin reserves
Citizens Trust stated the USDC reserves would support financial literacy and small business funding.
Bitcoin Miners Generated Revenue Worth $1.68 Billion in November
Over the last month, it seems to be a good month for Bitcoin miners because they cashed in a whopping $1.68 billion.
US Spy Agencies Suggest Cryptocurrencies May Be a Threat to the US Dollar and the Euro
Just like JPMorgan Chase CEO, the American intelligence community has tagged cryptocurrencies as a threat to the economy, and the Dollar
Bitcoin Bull Run Ahead? Understanding the Factors Driving Bitcoin's Price Growth
Bitcoin breached its key resistance of $7,300 today. Block halving, change in economic supply and an Ichimoku Kumo twist are driving the price forward. In this article, we analyze the price movement, the change in supply dynamics, and how BTC halvings have performed historically.
Spot Crypto ETF in High Demand by Financial Advisers: Nasdaq Report
A new survey from Nasdaq has shown a growing interest in spot crypto Exchange Traded Fund (ETF) in the US. Per the survey, 86% of respondents who invest in digital currencies plan to increase their holdings in the next year.
Romanian Programmer Confesses to Orchestrating BitClub Crypto Scam Worth $722 Million
Silviu Catalin Balaci, a 35-year old Romanian citizen living in Germany, has owned up to helping create BitClub Network, a crypto mining Ponzi scheme that siphoned off investors’ funds worth $722 million.
Bitcoin Inflows Into Exchanges Hits a 5-Month Low
Bitcoin inflows into crypto exchanges dropped to a 5-month low.
Bitcoin Plunges to $56K Due to Weakening Trading Volume
As Bitcoin's price has been hovering around $60K for a long time, the spot market has been in a weak state, causing BTC to fall to $56K.
Glassnode Survey: 60% of Bitcoin Supply has been Immobile Showing Investors’ Hodling Behaviour
Glassnode, an on-chain analysis company, has revealed that 60% of Bitcoin (BTC) supply has remained inactive in more than a year. This considerable number shows the hodling tendencies adopted by investors, and a similar trend was witnessed in 2017 some months before the BTC price skyrocketed to a record high of $20,000.
Bitcoin Needs to Continue Standing above $19,200 to Dilute Downward Pressure, Analyst Says
Market analyst Ali Martinez believes the leading cryptocurrency should stand above $19,200 to reduce selling pressure because this is a significant level.
How to Leverage FinTech Opportunities in Africa
Insights from Paxful on FinTech opportunities in Africa!
Digital Asset Lender Genesis Confirms Risks Exposure of 3AC's Insolvency
According to Bloomberg, Digital asset lending firm, Genesis Capital, said it would sell its collateral to hedge against bad debt risks if Three Arrows Capital fails to meet margin calls.
Coinbase Lists DeFi Tokens AAVE, BNT, and SNX as Warning of US Crypto Wallet Regulation Looms
2020 has been all about the DeFi boom. Many crypto exchanges have welcomed the DeFi craze with open arms, notably Coinbase, with the addition of new coins.
Core Scientific Sold 1,975 Bitcoins More That It Mined in July
Core Scientific mentioned that curtailment activities related to power shutdowns limited its Bitcoin production activities during the month of July. The company, however, said it mined more Bitcoins during July than the previous month.
Analyst Honored for Exposing South Korean Dark Web Crypto Child Pornography and Blackmail Site
Criminal analyst, Kim Reece, has been named as a finalist for the Samuel J. Heyman Service to America Medal for her role in the takedown of the South Korean ‘Nth Room’ child pornography chat rooms hosting the content of Welcome to Video blackmail sex and exploitation site.
Investors See Bitcoin as a Long-Term Investment, says Crypto Analyst
Despite the current price correction, on-chain analyst Willy Woo has revealed that Bitcoin’s velocity is higher than that of funds allocated for spending it.
MetaBunny NFT gaining traction in Thailand
Capturing all the hype from Thailand, a number of popular Thai influencers have shared their keen interests in the MetaBunny NFT project.
Binance CEO CZ Surpasses Tech Giant, Holding World's Biggest Crypto Fortune with $96B Net Worth
Changpeng Zhao, the CEO of Binance cryptocurrency exchange, enjoys a fortune of $96 billion, who become the richest person, surpassing many tech giants, including Facebook's Mark Zuckerberg.
Floki Inu Adverts Takes Over London's Transport System
Floki Inu's posters can now be found in buses, trains, and underground subway systems in London with crested messages reading, “Missed Doge? Get Floki.”
OneCoin Founder Ruja Ignatova Added to FBI's Most Wanted List
Ruja Ignatova, the fraudulent ‘CryptoQueen’ as she is known has been placed on the Federal Bureau of Investigation (FBI) list of the ten most wanted criminals
Bitcoin Crowned ‘Most Viewed Asset in the US’ Last Month, Along with Tesla Stock
This week, Bitcoin surged in the market again, recording new highs that have not been seen of the digital asset since June of last year.
JPMorgan Pegs Bitcoin 'Fair Value' at $38,000, despite $44K on the Horizon
JPMorgan Chase & Co Analysts have placed the “Fair Value” of Bitcoin, the world’s first cryptocurrency, at $38,000.
PwC Singapore's Venture Hub, on the Investment Sentiment of Blockchain Startups
We arranged an interview with Lim Shu Ning, Director in PwC Singapore’s Venture Hub specializing in Blockchain during the SFF, which Shu Ning shares with us the investment sentiment of Singaporean blockchain startups and the state of enterprise blockchain adoption in Singapore.
Argentina Fighter Guido Cannetti Accepts Salary in Stablecoin
Argentina athlete Guido Cannetti of the world's leading mixed martial arts competition Ultimate Fighting Championship (UFC) announced that his salary will be paid in full in stablecoin USDC.
Sweden Prefers Using Electricity for Job Creation Activities than Bitcoin Mining
Sweden is a major Bitcoin mining hub in Europe. The Government is seeking ways to track how much power Bitcoin miners use.
Hodlnaut Lost $190M from Hong Kong Branch in TerraUSD Wreck
A report from the interim judicial manager has uncovered that cryptocurrency lender Hodlnaut's Hong Kong branch lost nearly $190 million during the collapse of the Terra/Luna digital token in May 2022.
Ethereum and Solana Disrupt Venture Capital With Coinbase-Backed DAODAO
Today, the fundraising process for founders is highly-centralized, with a handful of elite venture capitalists controlling who gets funded and who doesn’t. In addition, founders must typically wait ten years or more for their company to “go public” and become traded on a liquid exchange. But that could soon change as blockchains like DeSo enable founders to raise money from millions of Bitcoin, Ethereum, and Solana users with just the click of a button.
Bitcoin And Tesla: Which Has The Best Return in 2020?
we analyze Bitcoin and Tesla's price model in 2020
CipherTrace Unveils Crypto Predictive Risk Model to Combat Suspicious Transactions in Wake of Twitter Scam
CipherTrace, a cryptocurrency intelligence company, has introduced a predictive risk-scoring model to instantly avert money laundering of cryptocurrencies from ransomware attacks and theft.
Nearly 70% of Merchants Believe Crypto Payments will Revolutionize Business Models, Study Shows
The appetite for cryptocurrencies in e-commerce continues to gain steam as they offer more convenient and safer payment methods, according to a report by global payments solution provider Checkout.com.
Avalanche Received $230M Funding with its Token AVAX Hitting a Record High of $68.89
On September 16, the Avalanche Foundation received a $230 million investment from a group led by Polychain and Three Arrows Capital. The price of AVAX soared to a record high of $68.89 today
Ethereum 2.0 Full Upgrade Will Prompt a 1% Annual Deflation Rate
A transition to the proof of stake(PoS) consensus mechanism through Ethereum 2.0 will prompt a 1% annual deflation rate on the ETH network.
Vitalik Buterin Explores Memecoins: From Controversy to Charity
Vitalik Buterin, Ethereum co-founder, discusses memecoins' current state and potential, suggesting alternative approaches like charity coins and Robin Hood games for a positive-sum experience, emphasizing the importance of combining charity initiatives with gaming mechanics.
FinTech Association of Hong Kong Supports HKMA's Risk-Based Approach to Regulate Stablecoins
The FinTech Association of Hong Kong said that it is in principle supportive of the Hong Kong Monetary Authority's January discussion paper on crypto assets and stablecoins.
Crypto.com Lands in Italy by Acquiring Operating License
Singapore-based cryptocurrency exchange Crypto.com has landed registration and regulatory approval from the Organismo Agenti e Mediatori (OAM) in Italy.
Swiss-based Crypto Firms Selects Tezos for Tokenizing Finance Products
Swiss firms, Crypto Finance Group, InCore Bank, and Inacta have tapped the power of Tezos blockchain to launch tokenized finance products.
Bitwise CIO Matt Hougan Discusses Amended Spot Bitcoin ETF Application
Matt Hougan, CIO of Bitwise, used a Twitter thread to elaborate on the firm's amended spot Bitcoin ETF application. He emphasized the need to prove that the CME bitcoin futures market is a "regulated market of significant size" for surveillance purposes and highlighted Bitwise's history of original research in their ETF filings.
Correlation Between Performance of Equity Markets and Crypto Assets in Asia Increased: the IMF
The International Monetary Fund said that the returns and volatility correlations between Bitcoin and Asian equity markets have increased significantly since 2020, before the pandemic.
Will Gold Bull Peter Schiff Change His Mind on Bitcoin? Crypto Twitter Backs BTC
Peter Schiff and his son have brought their friendly banter regarding Bitcoin investments to crypto Twitter.
Pre-Production Solana Phone Set to Ship to Developers in December
As the launch draws closer, Solana phones (also called Saga) pre-production are now set to be shipped out to developers for testing from December 15th.
Coinbase Finally Sets Up Crypto Trading Services in India
The establishment of a local foothold follows Coinbase’s acquisition of the Indian-based AI-powered support platform Agara.
The Faces Behind the Billion Dollar Bitcoin Futures Market
The BTC futures market has exploded like no one could have expected over recent years and it continues to grow. With new players on the scene from Binance to Bakkt and records being smashed left and right, here we take a look at some of the people making it happen.
Litecoin vs Bitcoin: Understanding Litecoin by Comparison with Bitcoin
Litecoin was created by Charlie Lee on Oct. 7, 2011, with its codebase is a fork from Bitcoin. In contrary from hard fork and soft fork, this type "fork" doesn't share the transaction history of Bitcoin and it had its own transactions beginning from its genesis block.
Bitcoin Transaction Fees Soar After Block Reward Halving
Bitcoin transaction fees continue to soar after halving.
Only 5% of Financial Executives Want to Invest in Bitcoin in 2021, According to Survey
According to a survey, about 70% of financial executives said that they are watching closely what others are doing with Bitcoins and they would still like to hear more from regulators about the digital currency before allocating a portion of their company's cash reserves to the cryptocurrency.
Bitcoin’s Illiquid Supply Hits ATH as BTC and the S&P 500 Index Continue Being Strongly Correlated
Illiquid supply in the Bitcoin network hit a record-high, as acknowledged by on-chain metrics provider Dilution-proof.
US Now Ranks Ahead of China in Total Bitcoin Mining Servers Hosted
The United States now ranks as the largest Bitcoin mining hub, ahead of China with 35.4% of the global hash rate as of the end of August.
HK FinTech Week: Understanding Misconceptions on Cryptocurrency
Misconceptions about cryptocurrencies have been prevalent since their inceptions more than ten years ago with Bitcoin being the first to revolutionise the blockchain system.
May 26: It's Always Been There
Strategy today? With SPX e-mini futures now just shy of 20 points from 3,000 level and the highest it's traded since the March 23 crash, I expect BTC to follow. Expectedly, this recent sell off has been mostly triggered by large players (i.e. whales) trimming their positions.
Bitcoin, Bumble, and Beyond
What do Bitcoin and Bumble have in common? They’re both showing us glimpses of the #AIP future.
Musk's Boring Company to Accept Payment in Dogecoin
Elon Musk's The Boring Company will accept payment in Dogecoin for rides in its Las Vegas Loop, a CNN report stated.
Dinari Secures $10M Seed Funding, Expands Crypto Asset Offerings
Dinari, a blockchain-based investment platform, secures $10M in seed funding, launches RWAs on Arbitrum, and expands dShare with crypto-themed assets, bridging TradFi and DeFi.
Crypto Market Watch: Weekly Price Trend Update
Here is a brief on the most significant crypto price uptrend over the past week.
David Beckham Joins Metaverse, Becomes DigitalBits Blockchain Global Brand Ambassador
Famous football star and entrepreneur David Beckham has been announced as a global brand ambassador for the DigitalBits blockchain.
Oman Central Bank Issues Warning Against Crypto Trading, Specifically Dagcoin
The Central Bank of Oman has warned citizens that cryptocurrencies come with a high risk and specifically highlighted the risks as they pertain to Dagcoin.
Exclusive: Liberal Society Comes with Friendly Crypto Regulations
As a veteran lawyer in technology, Nathan Kaiser of Cardano Foundation shares his insights in identifying countries with friendly crypto jurisdictions. He also examined how different jurisdictions affect both on-chain and off-chain governance.
Banks increase risks to stablecoins
The death of the Terra ecosystem triggered a bear market in 2022, causing losses in billions, affecting investor sentiment, and intensifying the regulatory spotlight over cryptocurrencies. Recently, Circle's disclosure that Silicon Valley Bank (SVB) did not process its $3.3 billion withdrawal request led to the depegging of its USD Coin (USDC). This event caused Binance CEO CZ to believe that traditional banks are a risk to stablecoins that are usually pegged 1:1 with fiat currencies, like the U.S. dollar.
Bitcoin's Hashrate Recovers and Hits New ATH at 182.01 EH/s
BTC miners have been able to dust themselves off following China's intensified crackdown, given that the hashrate reached historic highs of 182.01 EH/s.
Coinbase Reveals Firm Received Around 2000 Subpoenas From Authorities Over Customer's Data
Cryptocurrency exchange Coinbase has revealed in its newly released transparency report that it got served a sum total of 1,914 government requests.
Former Meta and Pinterest Executive Joins Sequoia-Backed Decentralized Social as COO
After years spent developing the category-defining technology powering its infrastructure, Sequoia-backed DeSo is hiring Salil Shah, a seasoned executive with experience at Meta and Pinterest, to scale the business.
Tesla Records $23M Impairment Loss on BTC, Despite Revenue and Profit both Exceeded Expectations in Q2 Financial Report
American electric vehicle manufacturer Tesla released its second-quarter financial report on Monday. The company recorded a $23 million impairment loss on Bitcoin subject to the recent volatility.
Mina Stones to Propel Ethical Mining in Africa via Credits Blockchain
Mina Stones, a pioneer of Handcrafted African Fine Jewelry, seeks to avert the unethical mining problem in Africa by using Credits blockchain to alter the present gemstones supply chain.
IRS Criminal Investigations Puts $625,000 Bounty on Monero Privacy Crack and BTC Lightning Network Tracker
IRS Criminal Investigations have put a $625,000 bounty on the heads of Monero (XMR) privacy and BTC Lightning Network (LN) transactions.
All You Need to Know Before Investing in Cryptocurrencies
It is best to understand how it differs from other methods, as well as how to avoid cryptocurrency scams before you make an investment.
43% Singaporean Own Cryptocurrency, Study Says
A study released on Monday shows that 43% of own Singaporean cryptocurrencies, while most of the crypto investors range between 25 to 44 years old, according to the Independent Reserve Cryptocurrency Index (IRCI).
$250,000 BTC: Kraken Survey Shows Investors are Bullish on Bitcoin, Altcoins and DeFi in 2021
The latest Kraken VIP sentiment survey reflects how investors think the crypto sector might evolve in 2021. Some are projecting the BTC price as high as $250,000.
IMF Educational Cryptocurrency Video Receives Backlash from Bitcoin and Crypto Experts
A video posted by the International Monetary Fund (IMF) on its social platform has generated a lot of criticism from the cryptocurrency community.
SEC’s Filing Shows Blackrock Made $369,137 Profits on Its Bitcoin Futures
BlackRock has made $369,137 from its investment into Bitcoin futures, according to SEC’s filing. Despite crypto volatility, the investment firm is on a trajectory to more from its Bitcoin futures investments.
Miami Mayor Francis Suarez: Bitcoin Will Be "Biggest Story For Next Few Years"
Francis Suarez, Miami Mayor, wants his city to embrace blockchain technology, Bitcoin and digital assets.
DeFi Technologies Inc's Subsidiary Valour Owns over $274m in AUM
DeFi Technologies Inc announced Wednesday that its subsidiary Valour records $274 million in assets under management (AUM).
Women in Blockchain: Alisa Berezutska of Krypton Events
The Next Block Asia held in Bangkok was a huge success in June 2019. Organized by Krypton Events, Next Block 2.0 will be back in Bangkok on Dec. 3, gathering blockchain leaders to discuss affiliate marketing in the age of crypto. We caught up with Alisa Berezutska, CEO of Krypton Events on her blockchain journey and shared with us her personal take on “Women in Blockchain”.
DeFi - Find Out What's Happening in Macau on This Exciting Topic
DeFi is explored in Macau by some of the leading names in this space. The FinWise Summit is second to none in delivering quality content at a fast pace
Coinbase Establishes Open Source Cryptography: Kryptology
American cryptocurrency exchange Coinbase announced the launch of Kryptology, an encryption library that focuses on building complex encryption technologies.
Vespene Energy Raises $4.3M Funding to Convert Landfill Methane into Bitcoin
Vespene Energy, a methane mitigation company, said that it is developing an infrastructure that will enable methane gas to produce electricity for Bitcoin mining.
6.2 Million Bitcoins are Being Held at a Loss, Representing 33% of BTC Supply
Ever since Bitcoin (BTC) nosedived from an all-time high (ATH) price of $64.8K recorded in mid-April, 6.2 million coins are being held at a loss, representing 33% of supply.
Crypto Assets Mark Cap Continuously Sinks by $200bn
The market cap of the crypto asset continues to suffer by losing $200 billion within a day. Bitcoin suffers from bear market sentiment, breaking $26,000 to its lowest level in 16 months.
Tether Implements Wallet-Freezing Policy Aligned with US Regulations
Tether's wallet-freezing policy, in line with US OFAC regulations, is a proactive approach to cybercrime, setting a new standard in the crypto industry.
Bitcoin Price and Crypto Market Analysis: Opportunities or Risks Ahead?
Analysis of why the Bitcoin and crypto market going up and potential opportunities and risks ahead.
Ex-CFTC Boss Christopher Giancarlo Joins CoinFund as Advisor
Christopher Giancarlo, the former Chairman of the Commodity Futures Trading Commission (CFTC) has joined CoinFund as a strategic advisor.
Brazilian Senate Committee on Economic Affairs Approves Crypto Regulation Bill
Crypto regulation on Brazilian soil gained steam after the senate’s economic affairs committee approved a bill highlighting the ground rules and day-to-day usage of digital currency funds.
Bitcoin is Outperforming its 2016 Post-Halving Bull Run That Triggered the Record-High of $20,000
New data from ChartsBTC reveals that the Bitcoin (BTC) trend in 2020 is outperforming the post-halving bull run of 2016.
Mauritius Jumps on Digital Currency Bandwagon
The issuance of Central Bank Digital Currency (CBDC) has been making airwaves with nations, such as China, leading the hype. The Bank of Mauritius, the central bank of the Republic of Mauritius, seeks to join this bandwagon based on an announcement that it wants to introduce a digital currency.
Circle CEO Criticizes SEC Stablecoin regulations
As payment systems, stablecoins are not securities, according to Circle's CEO.
Significant Shiba Inu Token $SHIB Moved from Coinbase to Dormant Account
A dormant account received 841B $SHIB ($8.8M) from Coinbase after 2 years of inactivity. This move coincided with a notable surge in $SHIB's price, sparking intrigue in the crypto community.
IMF Concerns El Salvador Bitcoin Adoption as Legal Tender
The International Monetary Fund (IMF) expressed their concerns over the recent adoption of legalising Bitcoin (BTC) as a legal tender in El Salvador.
Twitter & Instagram Reportedly To Launch NFT Collectibles
Twitter and Instagram reportedly develop non-fungible tokens (NFT) feature on its app, a mobile developer reveals.
Bitmain Commits $54 Million Investment in Core Scientific, Inc. Amid New Supply Contract
Core Scientific has secured a $53.9 million investment from Bitmain, a leading manufacturer of digital currency mining servers. The deal involves a $23.1 million cash payment and an equity exchange worth $53.9 million in Core Scientific common stock. The partnership aims to boost the Bitcoin Network's efficiency and contribute to the company's self-mining hash rate.
Stablecoins Wallet Addresses Records 12m with Holding at Least $1m
According to data from CoinMetrics, the total number of wallet addresses holding at least $1 million has topped 12 million.
Block's 5nm Bitcoin Mining Chip Prototype
Block has completed the prototype design for its 5nm Bitcoin mining chip, with plans to decentralize the supply of mining rigs through open-source technology. The company has purchased a large batch of ASIC chips from Intel to fast-track development of its proprietary 3nm chip.
Bitcoin and the Crypto Market Could Go Down Again—Market Recap and Price Analysis
Both the stock and crypto market could go down, the bitcoin price appears ready to drop.
Ethereum Usage is Now 54 Times to Bitcoin as Ethereum 2.0 Becomes the Largest ETH Holder
As the neck-to-neck battle between Bitcoin and Ethereum continues, the latter has emerged as the victor in terms of usage.
Binance Coin (BNB) Price Analysis-April 8,2021
Although Bitcoin experienced a sharp decline, Binance Coin (BNB) showed a very strong trend and has not been dragged down by Bitcoin.
El Salvador’s Digital Bitcoin Wallet Chivo Removes Key Pricing Feature
El Salvador’s digital Bitcoin wallet Chivo removed a pricing feature that allows users to make quick profits on trades, siting efforts to increase the crackdown on speculation involving the world’s biggest cryptocurrency.
Zetrix-based NFTs Minting Launches on the NFT Pangolin
Zetrix-based NFT Minting joins the global marketplace NFT Pangolin recently.
Mastercard Partners with 3 Firms to Launch First Crypto-Linked Payment Cards in Asia Pacific
Mastercard said that it has cooperated with three well-known digital asset companies in the Asia-Pacific region to launch a Mastercard payment card funded by cryptocurrency.
Bitcoin Ad in Hong Kong Apple Daily Publication Promotes Bitcoin As Beyond Government Control
In the Hong Kong Apple Daily today, a full-page ad was dedicated to Bitcoin, calling on Hong Kongers to move their wealth beyond the control of “any” government.
Crypto Trading Lesson 1 - Understanding the Fundamentals: Probability
Trading is a multifaceted activity that necessitates a profound understanding of various concepts and strategies. While the ultimate objective of trading is to generate profits, achieving this goal entails more than just the basic principle of buying low and selling high. The core concepts of trading encompass probabilities, risk management, opportunity identification, relative mispricing, and more.
Satoshi Nakamoto Will be the World’s Richest Person if Bitcoin Hits $181,000
Crypto analyst Joseph Young has said that Satoshi Nakamoto will be the world's richest person if Bitcoin was to hit $181,000.
Bitcoin Dominance Hits 4-Year Low, Dormant Supply Touches Historic Highs
Bitcoin’s dominance in the crypto scene has nosedived as the leading cryptocurrency continues trading on shaky grounds.
SEC Delays Decision on ARK 21Shares Bitcoin ETF, Opens Public Comment Period
The SEC has delayed its decision on ARK 21Shares' Bitcoin ETF until Nov 11, 2023, opening a 21-day public comment period.
Global Currency Organization Launches New USD Stablecoin USDD
The Global Currency Organization (GCO) has launched a new USDD token, a US dollar-backed stablecoin, intended for revenue sharing in institutions.
C98 News: Coin98 Ventures Rebrands to Arche Fund for Web3 Focus
Coin98 Ventures rebrands as Arche Fund, supporting Web3 projects and businesses through three pillars: Arche Ventures, Kompass, and Arche Capital, promoting adoption and ecosystem stability.
Crypto Scams Have Swindled At Least $1B From Nearly 50,000 People Since 2021 - FTC
Despite crypto penetrating the masses from Bitcoin ATMs to Super Bowl ads, scams in this sector have been going through the roof because more than $1 billion has been lost since 2021, according to a study by the Federal Trade Commission (FTC).
Hacking 101: Security of Bitcoin Wallets, From a Hacker's Point of View
The safety of crypto wallets was recently questioned, after an incident where a Bitcoin address was successfully hacked.
Singapore Regulator Bans Crypto Ads on F1 Tracks
According to the Wall Street Journal, Singapore’s financial regulator Monetary Authority of Singapore(MAS) told F1 organizers that it would ban Crypto.com ads from appearing on the track.
Ethereum’s Transaction Volume Hits a 5-Month High
Despite Ethereum (ETH) correcting from the historic high of $4,860 attained recently, the second-largest cryptocurrency is still experiencing high transaction volume on its network.
Bitcoin Needs to Hold $36K for Sustainable Upward Momentum
BTC should go back to the $36K level before flipping it to support more upward momentum, analysts said.
Hong Kong’s National Security Law Triggers Exodus of Wealthy Society’s Capital, Is Gold Being Dumped for Bitcoin?
Hong Kong’s rich and affluent are reportedly moving large amounts of gold out of the major financial hub following Beijing’s imposed national security law. According to well-known Bitcoin bull Max Keiser, Bitcoin is a better way to export your fortune.
$400M Funding helps Gemini valued at $7.1B to Build a Decentralized Metaverse
American cryptocurrency exchange Gemini raised $400 million through growth equity financing, led by Morgan Creek Digital. Now it is valued at US$7.1 billion.
5 Ways The Crypto Market Has Changed In 2020
The cryptocurrency market is constantly evolving. Among new investment methods, new technologies, and new cryptocurrencies altogether, these are some of the most prominent developments in 2020.
El Salvador Buys Another 420 Bitcoins, Worth $25 Million for National Reserve
El Salvador, famous for its Bitcoin adoption recently, has revealed that it made additional investments, purchasing about $25 million dollars’ worth of Bitcoin on Wednesday.
On-chain data is signaling a "generational buying opportunity"
Technical analyst "Game of Trades" discovered six on-chain measurements for his 71,000 Twitter followers. Bitcoin's Realized Price (RP) is an estimate of what the market paid for all coins at their previous price.
Ethereum Sinks Below $600 as Altcoins Undergo Extreme Volatility
Ethereum has plunged below the $600 level, a crucial mark that analysts have said will determine whether the cryptocurrency stays in a bullish position.
Explosive growth alongside peace of mind offered by C10 from Invictus
With investor focus shifting towards the next market downturn, investors are increasingly seeking protection against potential future drawdowns. The Invictus Capital Crypto10 Hedged fund (C10) is that protection investors are looking for and holds the answers to many investor concerns. The C10 fund has continued to offer investors unparalleled risk adjusted returns in 2021 with a 119% increase in performance for the first quarter.
Bitcoin Perpetual Swaps Open Interest Hits the Highest Point Since Mid-April by Topping the $16B Mark
Bitcoin (BTC) has been experiencing an uptick in activities with perpetual swaps open interest recording a 5-month high.
Brazilian Crypto Exchange Foxbit Raises $21M in Series A funding, Led by OK Group
Brazilan Cryptocurrency exchange Foxbit announced that it has raised $21 million in a Series A round led by OK Group, owner of cryptocurrency exchange Okcoin.
Coinbase Acquires Crypto Wallet Firm BRD
US-based crypto exchange Coinbase announced the acquisition of crypto wallet startup BRD, aiming to create more secure and reliable access to the encrypted decentralized world for users.
Bitcoin Miners’ Control of BTC Network is Gradually Shrinking
Coin Metrics, a provider of on-chain and off-chain crypto asset market data, has released a new report showing Bitcoin miners’ control of the BTC network is decreasing.
El Salvador Relaunches Chivo Wallet and Plans to Roll Out 1,500 BTC ATMs Nationwide
El Salvador relaunches the Chivo Wallet, which promises to enable instant low-fee Bitcoin transactions by integrating with white-label infrastructure provider AlphaPoint while addressing issues related to stability and scalability.
Breaking: Coinbase, a16z, and Ledger Back New Texas Alliance Advocating for Clear Digital Asset Regulations
The Crypto Freedom Alliance of Texas, backed by industry leaders like a16z crypto, Bain Capital Crypto, Blockchain Capital, Coinbase, Ledger, and Paradigm, is launching a campaign to establish transparent and consistent digital asset regulations in Texas. The alliance aims to provide insights and guidance to regulators and industry stakeholders, fostering innovation and protecting consumers. The alliance is expected to grow and play a more influential role in the Texas legislative process.
Tron Blockchain Launches USDD Decentralized Stablecoin by Tron DAO Reserve
Justin Sun, the founder of the Tron blockchain network, said that he has launched a USDD decentralized stablecoin pegged to the US dollar at a ratio of 1:1 through the Tron DAO Reserve.
Miller Opportunity Trust Says It Could Invest Up To $300 Million In Grayscale’s Bitcoin Trust
Miller Opportunity Trust plans to invest up to $300 million, or 15% of its net assets, into the Grayscale Bitcoin Trust.
US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress
In a congressional hearing which was held on January 30, US Representative Tom Emmer has expressed his concern about the excessive criticism of innovations in digital payment, saying that it may repress its progress.
Fidelity Files for Bitcoin Fund After Validating Model Predicting BTC Price at $1 Million
Peter Jubber, the president and director of digital funds at Fidelity filed for a new fund dedicated to Bitcoin with the US SEC.
Greater Bay Area Blockchain Week 2021 to Bring Global Attention to Blockchain Innovation
Being one of the world’s fastest growing tech hubs, Greater Bay Area (GBA) attracts audiences passionate about smart technology applications for business, education, and finance to come together for the premier international virtual event.
XRP staking scam
A phoney staking scheme is targeting XRP investors. XRP staking websites and emails have been faked. The swindle promises 12%–27% profits.
India's Proposed 30% Tax on Digital Asset Implies Recognition of Cryptos
India's decision to regulate cryptocurrencies by introducing a high crypto tax rate of up to 30% on all transactions involving digital assets is an indication that the government recognizes cryptocurrency transactions as valid.
Bitcoin’s Long-Term Address Activity Rebounding, Signaling a Breakout sign
On-Chain metrics provider Santiment noted that BTC long-term address activity surged to levels witnessed in mid-April, which could signal a breakout.
Paradigm Bags Record-breaking $2.5b for Largest Crypto Venture Fund
Crypto investment firm Paradigm One smashed a previous record of $2.2 billion with $2.5 billion for the largest cryptocurrency venture fund ever.
Only 2 Million Bitcoin Left to be Mined Within a Projected Timeline of 118yrs
A total of 19 million of the total 21 million of the coin’s maximum supply has been mined, leaving barely 2 million before the generation of new Bitcoin ceases for good.
Ark Invest Refiles Application for Bitcoin Spot ETF Alongside 21 Shares
Ark Investment Management, the investment company tagged with Cathie Wood is taking another dig at a spot Bitcoin Exchange Traded Fund (ETF) product.
India Plans to Ban Private Cryptos like Bitcoin in Favor of National Cryptocurrency
India plans introducing a new bill to ban private cryptocurrencies as well as introduce a national digital currency.
Former Congressman Ron Paul Calls for Legalizing BTC But Don't Tax
Former Congressman Ron Paul advocates for legalizing Bitcoin as if money but not to be taxed.
Coinbase Exchange Leaps as Fortune 500 Company
Nasdaq-listed cryptocurrency exchange, Coinbase Global Inc has been, added to this year’s list of Fortune 500 companies, making it break the record as the first fully crypto native firm that made the list.
Bakkt Partners with Starbucks to Test Consumer App and Merchant Portal
Mike Blandina, Chief Product Officer, Bakkt, revealed that the company's current interest lies in developing the consumer app and merchant portal and as well as testing with their first launch partner, Starbucks.
Russia’s Detained Opposition Leader Alexei Navalny receives $120,000 in Bitcoin Donations as Protests Rage in Moscow
Russian’s are using Bitcoin to support detained political opposition leader Alexei Navalny who was recently arrested on Jan. 17 as thousands protest in Moscow for his release.
Bitcoin's Diluted Market Cap Tops $1 Trillion For First Time As BTC Price Hits New High
As Bitcoin recently attained a new ATH above $48,000, the premier digital currency has also recorded a $1 trillion diluted market cap#https://blockchain.news/news/democrat-andrew-yang-wants-new-york-city-to-be-a-hub-for-bitcoin-and-crypto;
Cash App Introduces Bitcoin Transactions via Lightning Network
The payment processing app created by Block Inc, Cash App, has now accepted bitcoin transactions, enabling users to both send and receive Bitcoin via the lightning network.
Tesla Reverses Decision to Accept Bitcoin Payments, Citing Carbon Emission Concerns
Tesla will no longer be accepting Bitcoin payments for its cars due to the energy requirements for mining the cryptocurrency.
X Marketplace Launches Integrated NFT IP Marketplace
X Marketplace will allow users to list NFT IP, and license projects to IP for zero fees.
Rainforest Foundation Uses Crypto to Protect the Brazilian Amazon
An announcement was made regarding a campaign to fight against the deforestation of the Brazilian Amazon with the aid of the cryptocurrency community. The Rainforest Foundation has developed its own crypto – Bitseed in 2014 and has been embracing cryptocurrencies for years.
Institutional Investors Own 16% of Bitcoin’s Realized Market Capitalization
16% of BTC's realized market cap is now owned by institutional investors, according to the CEO of CryptoQuant.com.
Altcoins Making the Biggest Moves in the Market Today: XLM, MATIC, and HNT
XLM, MATIC, and HNT are leading the emerging market resurgence today.
Bitcoin Needs to Break $51K Level for an Continuous Upsurge
Market analyst Michael van de Poppe believes Bitcoin should break the $51,000 level if an upward momentum is to continue, failure to which a pullback to the $44-$48K level will be witnessed.
Bitcoin Investment Requires a Long-Term Strategy, Says Former Wall Street Stockbroker
Based on the back and forth experienced in the Bitcoin market, a long-term approach is suggested for investment in the leading cryptocurrency, according to Jordan Belfort, a former Wall Street stockbroker.
Coinbase CEO: Americans are Investing Their COVID Stimulus Checks in Bitcoin
Brian Armstrong, the CEO of US-based crypto exchange Coinbase, has revealed data showing how $1,200 deposits similar to the stimulus checks being offered to Americans by the government has skyrocketed this week. Coinbase is the leading crypto exchange in the American soil.
Coinbase CEO Criticizes Singapore's Aim to Become a Web3 Hub at Expense of Crypto Trading
Armstrong seems to say that Singapore can’t become a Web3 hub while doing away with cryptocurrency.
MintMe.com Coin Secures 25 Million Dollars Investment Commitment From GEM Digital Limited
GEM Digital Limited commits 25 Million Dollars to MintMe.com Coin. MINTME rose by over 50,000% in the last two years, and such news will only speed up its march to the top.
Less Than 10% of Chinese Blockchain Companies Actually Have Blockchain
Here’s something unsurprising, The Block, citing China’s “Focus Report,” says that over 90% of China’s 32,000 blockchain companies don’t have the technology:
Bitcoin Mining Difficulty Increases by 3.4%
Data published by BTC.com showed that Bitcoin's mining difficulty increased by 3.4%, which is a decrease from the previous jump of 9.26% on August 31. However, it is the fourth positive adjustment in a row.
Chinese Robinhood Futu & Tiger Brokers To Expand Crypto Trading Abroad
Two Chinese online brokerages Futu and Tiger Brokers reportedly intend to expand their business into the crypto trading market abroad against stock competitors app, like U.S-based Robinhood.
Jacobi Asset Management Introduces Europe's First Premier Bitcoin ETF with a Green Initiative
Jacobi Asset Management launches Europe's first Bitcoin ETF on Euronext Amsterdam, blending crypto investment with a green initiative. The ETF, compliant with SFDR Article 8, offers a unique Renewable Energy Certificate solution.
Bitcoin is the Greatest Investment Ever Found, says Raoul Pal, as BTC Price Nears Highest Ever Monthly Close
Bitcoin gained around $1,500 in a week, prompting mixed projections on the cryptocurrency’s future by many analysts.
Hut 8 Q2 2023 Report: $19.1 Million Revenue with 9,136 Self-Mined Bitcoin in Custody
Hut 8's Q2 2023 report reveals $19.1M revenue and 9,136 self-mined Bitcoin. The quarter saw a net loss of $16.7M and mining profit of $3.2M.
Yearn.finance Takes Pickle Finance Protocol Onboard to Enhance DeFi Rewards
Leading DeFi protocol Yearn.finance has absorbed Pickle Finance to create a structure that will leverage shared expertise, boost specialization, and minimize work duplication.
Circle's Stablecoin USDC Affected by Collapsed Bank
Circle's USDC stablecoin briefly de-pegged after news that $3.3 billion of its cash reserves were stuck with collapsed bank Silicon Valley Bank. USDC's dollar peg has since recovered, but mass redemptions have led to a drop in the stablecoin's market cap by nearly 10% since March 11.
Pakistani Judge Challenges Federal Authorities Over Cryptocurrency Ban
Justice Muhammad Iqbal Kalhoro of the Sindh High Court (SHC) has challenged the State Bank of Pakistan's ban on cryptocurrencies in 2018.
Ransomware Hackers Hunt for Bitcoin by Targeting Call of Duty: Warzone
Ransomware hackers have raided Call of Duty: Warzone player accounts and demanded Bitcoin payments in exchange for releasing the retained data.
OpenSea Delists CryptoPunks V1, Following Takedown Notice From Developers
OpenSea has once again delisted the CryptoPunks V1 collection due to a Digital Millennium Copyright Act takedown notice issued by developers Larva Labs.
Bitcoin Has Spent 3 Months Bouncing Between $45,000 and $60,000
Bitcoin’s upward momentum has dried up as it has spent three months bouncing between $45k and $60k, as alluded to by market analyst Lark Davis.
Coinbase Counters Senator Warren's Allegations
Coinbase denies Sen. Warren's allegations of using ex-government officials to resist digital asset regulations, highlighting its commitment to responsible crypto regulation.
TRON Credited with Powering Record USDT Growth
With all the speculation around future growth of cryptocurrency protocols, it can be hard to gauge fundamental network health accurately. However, one metric that never fails is user adoption, an indicator that can be measured onchain. When applied to TRON, this metric shows that the network’s user base is proliferating very rapidly, with USDT accounting for a significant tranche of all onchain activity.
COPA Sues Self-Declared Bitcoin Founder Craig Wright
Cryptocurrency Open Patent Alliance (COPA), an initiative created by Twitter CEO Jack Dorsey’s payment company Square, has moved to sue Craig Wright over the Bitcoin white paper.
The Listing of Clean Energy Crypto-Mining & Semiconductor ETF on NYSE Launches
The clean energy encrypted mining and semiconductor exchange-traded fund (ETF), created by registered investment advisor and emerging fund manager Viridi, was officially traded on the New York Stock Exchange on July 20 under the code name RIGZ.
MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins
MicroStrategy CEO Michael Saylor has said that he is considering issuing more debt to enable the company to buy more Bitcoins. He stated that it makes sense to purchase as much of the asset class as they can.
Mastercard Reveals to Develop CBDC as The Private Payment Provider
Digital payment Mastercard CEO Michael Miebach expresses his strong support for CBDC on the Q3 earnings conference call.
Bitcoin Bleeds as Celebrations about Interest Rate Hike Becoming Short-Lived
After hitting the $40K level as Fed’s interest rate hike made airwaves on May 4, Bitcoin finds itself on the receiving end because it has sunk to a two-month low.
Revenue for United States-based Coinbase Exchange Beats Expectations for 4th quarter
Coinbase exceeded Wall Street profit projections in Q4 2022 despite a drop in exchange transaction volumes.
GameStop's NFT Marketplace is Out in Beta
GameStop's NFT marketplace is out in beta and integrated with the Ethereum Layer 2 zkRollup protocol, Loopring (LRC).
How is CoinMarketCap Combating Fake Crypto Trading Volumes with its New Liquidity Metric?
Crypto data aggregator, CoinMarketCap (CMC), held its inaugural large-scale event, The Capital, bringing together leading stakeholders in the blockchain and cryptocurrency space. Held at the Victoria Theatre in Singapore on Nov. 12-13, CMC released its new metrics for assessing liquidity for the industry to solve the problem of volume inflation caused by crypto exchanges and market makers
How The Casino Industry is Gaining Profit Amid The COVID Lockdown
Analysts from Morgan Stanley have predicted in a recent online publication that the impact of Coronavirus in the U.S., which has led to the shutdown of casinos, could lead to faster growth of the online sports betting industry, and online casinos. The countrywide lockdown that was instituted to control the spread of Covid-19 has spurred an interest in online gambling for individuals involved in the industry, as well as attracting new customers.
Thailand Sees PoW Mining Surge As China Ban Lingers On
As the popular saying goes, one man’s food is another man’s poison, the same can be said of crypto mining which is largely on the rise in Thailand amidst the persistent ban on related activities in China.
Crypto.com and Mobilum Technologies Form a Strategic Partnership, Provide Crypto Liquidity Services
Mobilum Technologies Inc has signed a strategic service agreement with Crypto.com, by providing token liquidity services to crypto.com customers with better services.
Crypto Miner Sphere 3D Sues Partner over Alleged Bitcoin Spoofing Attack
Sphere 3D, a crypto miner, has filed a lawsuit against Gryphon Digital Mining, its partner, after an alleged spoofing attack led to the irregular transfer of Bitcoin. Gryphon CEO allegedly wired BTC to a fraudster posing as Sphere 3D's CFO. Sphere 3D accuses Gryphon of violating their contractual duties and putting the company's assets at significant risk.
Amber Group has Laid off up to 10% of its Workforce this Year
Cryptocurrency trading platform Amber Group claims it has laid off up to 10% of its workforce so far this year due to sluggish market conditions.
PayPal’s Crypto Trading Services Officially Launch in the United States, Driving Bitcoin’s Price Past 16K
PayPal’s crypto services are officially available for use in the United States. In response to the announcement, Bitcoin's price spiked and pushed past $16K.
The launch of a nonfungible token protocol on the Bitcoin mainnet
On Jan. 21, Bitcoin introduced "Ordinals," an NFT-like programme. However, meme-inspired JPEGs are filling Bitcoin blockspace.
Jul 24 Trading Analysis: What Bloodbath?
Despite stonk's bloodbath, BTC managed to close higher on the day with some short squeeze liquidation through $9600 level. I am actually surprised that we are still trading at current levels, would only be a matter of time that we see us retracing back some of its gains, which was why I said yesterday, we need to continue to monitor the momentum of capital into BTC.
CoinSwitch Kuber Raided by Indian Authorities: Report
Indian crypto exchange giant, CoinSwitch Kuber comes off as the next trading platform to be raided by the Indian Enforcement Directorate (ED).
Bitcoin is Redefining the Concept of “Overbought” as Crypto Market Cap Surpasses $1 Trillion as New ATH
For the first time, the cryptocurrency market capitalization surged above $1 trillion, as Bitcoin reached a new all-time high at around the same time.
Traditional Banking System Consumes Twice Energy Than Bitcoin Mining, New Research Reveals
A new study by Galaxy Digital shows that the traditional banking system uses twice the energy that Bitcoin mining consumes.
Billionaire Stan Druckenmiller Owns Less Bitcoin than Gold, but says BTC has Better Risk-Return Potential
“I’m a bit of a dinosaur, but I have warmed up to the fact that Bitcoin could be an asset class,” said Stanley Druckenmiller during an interview with CNBC.
E-commerce Shopify's Founder to Join Board of Coinbase
Tobias “Tobi” Lütke, founder and CEO of e-commerce company Shopify Inc., will join the board of directors of Coinbase, the largest cryptocurrency exchange in the United States.
University of Cambridge: Crypto Asset Users Have Skyrocketed to 101 Million Globally
The University of Cambridge has found that the estimated number of cryptoasset users stands at 101 million worldwide.
Facebook’s Libra Developers Release Initial Roadmap
The developers behind Facebook’s cryptocurrency project Libra have released their initial roadmap outlining the milestones they plan to achieve prior to the mainnet launch of the Libra blockchain.
US House Committee to Discuss Stablecoin Regulation
The US House of Representatives Committee on Financial Services will conduct a hearing on stablecoin regulation on April 19th, following the introduction of a draft bill on stablecoin regulation. The hearing will include testimonies from experts, including Austin Campbell, a managing partner at Zero Knowledge Consulting and adjunct professor at Columbia Business School, who believes stablecoins will expand the reach of the US dollar and increase financial inclusion.
Hive Blockchain Generated 465.1 BTC, 2957 ETH in July
Hive Blockchain said it currently holds 3,091 Bitcoin and 6,820 Ethereum as of August 4, 2022, after producing 278.5 BTC and 2,957 ETH in July.
SEC Poised for Decision on Ark Invest and 21Shares Bitcoin ETF, Market Reacts
The SEC is nearing decisions on Bitcoin ETF applications, which could significantly impact the cryptocurrency landscape due to market anticipation and Bitcoin's price surge.
Bitsliced, the revolution behind asset tokenization
While the adoption of cryptocurrencies continues to grow, as evidenced by last year's bull market, there is still an abundant need to integrate real-world assets onto the blockchain. Bitsliced's purpose is to fill this gap by bridging blockchain technology with the physical world. Through Bitsliced's app and set of smart contracts, Bitsliced will make it intuitive and easy to tokenize and fractionalize assets from different markets such as collectibles, real estate, traditional art, and several other use cases.
McDonald’s Begins Accepting Bitcoin as Payment Method in El Salvador, Starbucks & Pizza Hut Follow
McDonald’s move signals that multiple businesses are going to start accepting Bitcoin payments in El Salvador. Bitcoin is set to continue going mainstream, with El Salvador formally recognizing the crypto as legal tender.
Coin Center Questions Tornado Cash Indictments in Light of FinCEN Guidance
The US Office of Foreign Asset Control accused former Tornado Cash creators Roman Storm and Roman Semenov for conspiracy to run an unauthorised money-transmitting company. The crypto community worries about the indictment's FinCEN compliance. Peter Van Valkenburgh, Coin Center's research director, said Tornado Cash's tools may not classify developers as money transmitters.
Crypto Squid Collapses after Jumping More Than 310,000% in Value
Cryptocurrency Squid, inspired by the popular Netflix series Squid Game, collapsed on Monday after jumping more than 310,000% in value as of Sunday night.
Malaysia’s Securities Commission Touts Cryptocurrency’s Potential Amid a COVID-19 Digital Normal
The Securities Commission of Malaysia backs cryptocurrency use and says it has great potential, despite a lack of understanding regarding digital assets in the country.
Walmart Clarifies False report, Not Accepting any Litecoin for Payment
On Monday, retailer Walmart issued a clarification to debunk a false report concerning a partnership between Walmart and Litecoin (LTC). Walmart stated that it has no relationship with Litecoin.
Bitcoin Short Term Speculators Blamed for the Investor Group Realizing Most Losses
Bitcoin short term investors have been blamed for the primary culprits in the crash witnessed in the crypto market.
COVID-19 Market Climate Perfect Catalyst for Bitcoin Demand Says Binance.US CEO
The coronavirus panic-driven frenzy to acquire assets of lasting bona-fide value has put the traditional gold market to the test and may be creating the perfect catalyst for Bitcoin according to Binance.US CEO Catherine Coley.
ARK Invest Buys Record Amount of Coinbase Stock, Despite Market Volatility
Despite recent market volatility, Cathie Wood’s investment manager ARK Invest has made a record purchase of Coinbase stock, along with significant investments in Robinhood. The move confirms ARK’s bullish sentiment towards the cryptocurrency industry and Bitcoin.
Coinbase One Unveils New Features Including Zero Trading Fees and Increased Staking Rewards
Coinbase, a leading cryptocurrency exchange, has announced significant updates to its premium membership service, Coinbase One.
Libra Testnet ‘Going Strong,’ Boasts Over 51000 Transactions and 34 Projects
Regulators may think it’s the work of the devil but Facebook’s crypto project, Libra, has been “going strong.”
Gemini Co-founder Marks Spot Bitcoin ETF Approval Struggle for A Decade
The 10-year anniversary of the day that Cameron Winklevoss and his brother Tyler filed for the top slot in the first Bitcoin Exchange-Traded Fund (ETF) was celebrated today by the co-founder of the cryptocurrency exchange Gemini.
"Deutsche Bank share slide fuels global banking fears"
Deutsche Bank's recent share slide has added to concerns about the state of the global banking system and the possibility of a new financial crisis. As governments try to protect the dollar's status as the world reserve currency, concerns about hyperinflation and a historic correction of the economic system are growing. Some members of the Bitcoin community are looking to the cryptocurrency as a potential hedge against inflation.
Most Americans Plan to Use $1,400 Stimulus Checks to Invest in Bitcoin and Stocks - Mizuho Survey
Mizuho has released a new survey showing that with the third round of $1,400 stimulus payments already hitting Americans’ bank accounts, most recipients are planning to use their stimulus checks to buy Bitcoin and stocks. Interestingly, the survey found that Bitcoin was a more popular choice among stimulus recipients than stocks.
Brazilian Crypto Firm 2TM Announces Second Round of 15% Layoffs
2TM - the Brazilian startup that owns the Mercado Bitcoin cryptocurrency exchange - announced Thursday that it will lay off 15% of its workforce, or about 100 employees.
Cryptocurrency Community Debates Fallout from Closure of Major American Banks
The closure of three major American banks that serve cryptocurrency firms, including Silicon Valley Bank and Signature Bank, has sparked debate within the cryptocurrency community. The closure of Silicon Valley Bank, which held over $3.3 billion of USD Coin issuer Circle's $40 billion reserves, has caused particular concern. As a result, the cryptocurrency ecosystem is now exploring neobank services and other options to bridge the gaps exposed by the latest mainstream banking failure.
Waze Co-Founder Uri Levine Says Cryptocurrency and Bitcoin is Only for Crime and Dark Economy
Uri Levine, Waze Co-Founder, has revealed that he believes Bitcoin and other crypto assets are purely for the dark economy and only really leveraged by criminals.
Celsius CEO Alex Mashinsky Involves Untimely Trading Prior to Crash: FT
Celsius's Chief Executive Officer, Alex Mashinsky, has been practically handling untimely trading activities of the firm since January.
DeFi Lending Protocol Compound Launched its Compound III Version
Defi lending protocol Compound announced that Compound III (V3)was officially launched on the Ethereum mainnet.
Unauthorized Cryptocurrency Betting Jeopardizes Jockey Racing Integrity, Warns HKJC Expert
During a presentation at the Asian Racing Conference in Cape Town, South Africa, Tom Chignell, a Hong Kong Jockey Club expert, warned that illegal cryptocurrency betting markets could seriously compromise jockey racing integrity.
Bitcoin’s Short-Term Interest Declines by 43% From an ATH Experienced in February
Bitcoin has been stuck to its consolidation period between the $30K and $40K range for more than two months, making short-term interest nosedive to levels not seen since September 2020.
Dwpbank to Offer Bitcoin to 1,200 German Banks
Deutsche WertpapierService Bank (Dwpbank) is launching wpNex, a platform that will offer Bitcoin to its affiliates’ retail customers without requiring additional Know Your Customer procedures. The platform will also include other cryptocurrencies, digital assets, and tokenized securities in the future.
Ten Malaysians Arrested for Unlawful Bitcoin Investment Event
Ten Malaysians have been arrested in Chiang Mai, Thailand, and charged with illegally running a business that encourages Chinese nationals to invest in Bitcoin without a valid license.
Russian Federal Watchdog Censors Binance for Distributing Crypto-Related Data
Roskomnadzor has blacklisted crypto exchange Binance for what it deems as “containing information prohibited for distribution in Russia.
Latin America E-Commerce Giant MercadoLibre Purchases $7.8 Million Worth of Bitcoin
Mercadolibre announced a $7.8 million Bitcoin purchase, believing deeply in the cryptocurrency.
Paxos Identifies Key Opportunities During Crypto Winter
Blockchain infrastructure provider Paxos has published a report identifying opportunities for crypto projects during the current market conditions, including seeking solutions and partnerships. The report highlights the usefulness of stablecoins while acknowledging the need for greater transparency. Partnerships with businesses addressing real-world needs were also deemed important. The CEO of the Stellar Development Foundation suggested that regulating stablecoins may be necessary to maintain a strong dollar, while a recent Bank of International Settlements report deemed stablecoins a less preferable form of tokenized money.
DAppstore Creator Decenternet’s Spyce Token to be Listed on BW Exchange November 22nd
Decenternet has created a marketplace for decentralized applications (dApp store) and a decentralized web browser. The token accompanying this new online ecosystem will be called Spyce. The BW Exchange plans on listing the Spyce token on November 22nd, 2019.
Huobi Announces Plan To Launch A Fiat Gateway For Turkish Users
At the Eurasia Blockchain Summit Istanbul, Huobi Global declared its ambition to launch a crypto trading platform for Turkey users which will start with Turkish Lira (TRY) / paring and which they hope will enable users to exchange more crypto assets with greater liquidity.
Toronto-Based Valour Inc to Launch Bitcoin ETP Börse Frankfurt
Toronto-based technology company Valour Inc. has announced its intention to launch Carbon Neutral Bitcoin Exchange Traded Product (ETP), on Börse Frankfurt, the largest stock exchange in Germany
Bitcoin Price Drops Below $9K as Stock Markets Erase Gains Amid Incoming Second Wave of COVID-19 Cases
Bitcoin price is currently hitting its lowest levels in around 3 weeks, as stocks are rumored to anticipate an incoming crash. Bitcoin (BTC) dipped below the $9,000 on June 15 and continued to hover above $9,000 shortly after.
Luxury Fashion Firm Farfetch Begins Accepting Crypto Payments
Farfetch has announced it will begin accepting cryptocurrency payments for its goods and services in the next couple of months
Bitcoin Exits OKEx Exchange in Droves as Withdrawal Service Reopens
OKEx users have withdrawn 2,822 Bitcoin (BTC) from the exchange within 15 minutes of withdrawal services reopening after they were suspended due to an investigation.
IOHK Rolls Out Shelley Upgrade to Cardano Ahead of Public Participation on the 7th of July
IOHK rolls out Shelley upgrade to Cardano ahead of public participation on the 7th July
Fundstrat’s Thomas Lee Discusses: What Happens After the 10 Best Days for Bitcoin?
Thomas Lee, the Co-Founder, Managing Director, and Head of Research at Fundstrat Global Advisors, known for his opinions on the Bitcoin and crypto market has sat down with Blockchain.News to discuss his views on some macro trends and the Bitcoin industry we’re currently observing.
Exclusive: Lack of Interdisciplinarity - Culprit for FinTech Talent Shortage
Professor Aris Stouraitis, Department Head of Finance & Decision Sciences at Hong Kong Baptist University shares with us the culprit of FinTech talent shortage! He also highlights how financial institutions, governments, and academic institutions can address this problem.
Coinbase Supports Apple Pay to Purchase Cryptos and to Integrate with Google Pay
Coinbase now provides customers with more payment methods for transactions by allowing users to use Apple Pay to purchase cryptocurrency assets on its trading platform.
VisionsDao Exits Stealth Mode and Presents a Modular Stack for GameFi That Enables Sustainable Economies
An up-and-coming GameFi infrastructure startup, VisionsDAO has been building for more than a year what could become a foundational primitive for game developers looking to implement sound crypto economic designs and plug-and-play modules that will power a new wave of sustainable on-chain Web3 games to come to market and thrive.
Despite Crypto Market Onslaught, These Altcoins Stayed Bullish
Not all of the top altcoins saw a plunge in their value in the Week-to-Date (WTD) period and here are three of the most resilient coins which printed good growth amid a sweeping bearish slump.
Bitcoin Access in East Africa Boosted by Paxful
Paxful a Bitcoin peer-to-peer platform seeks to propel Bitcoin Access in East Africa by educating the populace about Bitcoin and peer-to-peer financing.
About 6,000 Users Falls Trap as Victims under Phishing Attack: Coinbase
The Nasdaq-listed trading platform, Coinbase, says about 6,000 of its users were suffering as victims of a phishing attack that saw user's balances cleared.
Turkey Witnesses Resurgence in Crypto Trades Above 1M per day
Turkey is witnessing a resurgence in cryptocurrency trades of above one million per day due to a continuous fall in the value of the country's currency, Reuters reported.
Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption
Circle Builds Layers of Simplicity over Complex Crypto Concepts for Business to Trigger Digital Adoption
Bill Miller: Bitcoin- Still A Safe Investment Despite Market Crash
Despite Bitcoin investing receiving more attention about its volatility, renowned US fund manager and investor, Bill Miller, believes that there is still a good reason to own the crypto.
Which Cryptocurrency Has the Highest ROI as of Q1 2020? Bitcoin Only Ranked 5th
Which cryptocurrency has the highest Return on Investment (ROI) as of Q1 2020? We have compared the ROI of the top 30 cryptocurrencies with the highest market capitalization on CoinMarketCap.
Zero-commission Trading Platform Robinhood is Valued at $32B amid IPO Prices at $38 per Share
The popular stock and cryptocurrency platform Robinhood's IPO is valued at $38 per share at the low end of the previously estimated price range of $38-$42. The company's market value is up to $32 billion.
Bank of England is for Stablecoin and CBDC, but Says ‘Bitcoin Has No Connection at All to Money’
The governor of the Bank of England, Andrew Bailey, shared his views on Bitcoin and said that the cryptocurrency “had no connection at all to money.”
Altcoin Watch: Top 2 Tokens to Watch This Week
With the instability in the market, here are key tokens that are likely to define the market trend this week.
Bitcoin Gains Momentum after Hitting Lows of $37,500 as Altcoins Bleed
After hitting lows of $37,585 over the weekend, Bitcoin has gained some momentum by breaching the $38K level.
Hackers Hungry for Bitcoin and Ether Target Indian Prime Minister Narendra Modi
Bitcoin and cryptocurrency hackers seized the social media account of India Prime Minister Narendra Modi today, in an effort to secure Bitcoin and Ether funds.
CoinList Settles with OFAC for $1.2 Million Over Crimea Sanctions Violations
CoinList settles with OFAC for $1.2 million over transactions for users in Crimea, promising to invest $300,000 in compliance enhancements.
StormGain Launches Free Bitcoin Cloud Mining Service!
StormGain launches a free crypto cloud mining service that allows you to become a cloud miner for free!
South Korea's Crypto Protection Law Advances in Assembly
In a landmark move for South Korea's cryptocurrency sector, the Cryptocurrency User Protection Act (also known as the Cryptocurrency Investor Protection Law) has successfully passed through the Legal Affairs Committee, marking a momentous milestone in the legislative process for digital assets.
Knowledge of Design Week 2020 Connects 10,000 Innovative Minds to Co-create a Digital Future with Design
Knowledge of Design Week (KODW) 2020, organised by Hong Kong Design Centre (HKDC) with Create Hong Kong (CreateHK) of the Government of the Hong Kong Special Administrative Region (HKSAR Government) as the Lead Sponsor, officially concluded its successful debut as a virtual event. Livestreamed from Hong Kong over four days (26 to 29 August), KODW 2020 connected innovative leaders with the global community through over 15 thematic sessions, interactive remote workshops and an exclusive online community and networking platform.
64% of Bitcoin’s Circulating Supply Stagnated for more than 12 Months as Accumulation Continues
The amount of Bitcoin’s circulating supply that has stagnated for at least a year hit an all-time high (ATH) of 64%, signaling a supply deficit.
Yearn Finance (YFI) Surges to 3X the Value of Bitcoin, Reaching Another All-Time High in Anticipation of yETH launch
Yearn.finance (YFI) token has seen a new all-time high, reaching $39,600 on Binance, just a day after its previous new high of $38,000. What's behind the surge?
Visa's New Debit Card Rumored to Use XRP for Payments
In an announcement made yesterday, Moneygram has partnered with Visa to launch a peer-to-peer debit card service.
Spain's Largest Telecom Company Telefónica Now Accepts Crypto Payments
The Spain-based telecom company has now joined the list of firms accepting cryptocurrency as a payment method.
Quarterback Aaron Rodgers Teams up with Cash App to Take a Portion of Salary in Bitcoin
Aaron Rodgers, the American football quarterback of the Green Bay Packers of the National Football League (NFL), said on Twitter that he is firmly optimistic about the future of bitcoin and will accept bitcoin as part of his salary.
US IRS May Auction off the $1.2B Worth of Crypto Seized This Year
The current crypto seizure amount of $1.2 billion made by the IRS may be up for auction to the public.
Bitcoin Will Be the Best Performing Asset in Two Years by a Big Margin, says Wall Street Veteran
Wall Street veteran and CEO of Real Vision believes that Bitcoin will be the best performing asset in the next two years. Although Bitcoin’s price has struggled to stay above $12,000 twice this month, he thinks that the world’s first cryptocurrency could rally to $100,000 soon, even mentioning the $1 million threshold.
Paxos’ Blockchain Settlement Platform Goes Live with Settling Credit Suisse and Instinet Trades
New York-regulated stablecoin issuer, Paxos, launched its blockchain-based settlement platform, after announcing the service in late 2019. The new service enables settlement of US-listed equity trades between broker-dealers Swiss financial services firm Credit Suisse and Nomura Group-backed Instinet.
US SEC Commissioner Proposes 3 Year Securities Law Exemption for Crypto Projects
United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has doubled down on her recent suggestion to provide decentralized network developers a safe harbor and has now submitted a formal proposal.
Bitcoin Has Surged by More Than 295% in 2020 as US Dollar Index Slips to a 32-Month Low
Bitcoin has hit a new record high of $28,600 and this bull run has made the leading cryptocurrency gain more than 295% this year.
Ripple CEO Says Bitcoin PoW Energy Use Makes Square Target of Biden’s Climate Change Agenda
Ripple CEO thinks Bitcoin’s PoW energy consumption makes public companies who invested heavily in BTC, like Square, potential targets of Joe Biden’s climate change agenda.
April 29: Don't Fight the Fed for Now
With today's spotlight on FOMC and a few large tech (FB, Microsoft) earnings, I suspect risk assets to trade well into, and may potentially sell after "the fact".
HBAR Foundation Launches $250m Metaverse Fund
The HBAR Foundation launched a $250 million Metaverse Fund, which aims to integrate Hedera Hashgraph's Web3 metaverse world for consumer brands.
Gitcoin Pivots to Ethereum Grants
Gitcoin, the open-source funding platform, announces a strategic shift from public goods funding to concentrate on grants infrastructure for the Ethereum ecosystem. This reorganization aims to enhance technological development within Ethereum, transitioning from a flat organizational structure to a more defined "Labs" model for improved efficiency and direction.
Chainflip Announces Community Sale on CoinList, Scheduled for August 31, 2023
Chainflip, a decentralized and trustless protocol that enables seamless value transfer between various blockchains, has announced its Community Sale on CoinList. The sale is set to begin on August 31, 2023, at 17:00 UTC.
21Shares Launches Bitcoin ETP on Aquis Exchange
21Shares, a well-known cryptocurrency ETP issuer, announced today that it has cooperated with GHCO, an issuer-centric liquidity provider committed to building transparent and accessible financial markets to list Its Bitcoin ETP (ABTC) on the Aquis exchange.
Julian Assange Supporters Raise over 12,500 ETH via DAO for his Freedom
Donors have formed AssangeDAO to free WikiLeaks founder Julian Assange from extradition to the United States and facilitate his freedom from prison.
Canadian Dollar Stablecoin QCAD Launched for Mass Market
Canada Stablecorp Inc. has launched a new regulated Canadian Dollar stablecoin called “QCAD”.
S. Korean Presidential Candidates to go Head to Head in Crypto Policies
As South Korea's presidential elections draw to a close, crypto is turning into a political battleground with both candidates set to showcase a number of crypto-related policies.
PayPal Will Give Jack Dorsey’s Square a Run for its Cryptocurrency
Payments giant PayPal looks set to roll out cryptocurrency sales services for its 305 million users.
Peter Schiff’s Bank Investigated in Global Tax Evasion Probe, Gold May Be Dirty
Peter Schiff’s Euro Pacific Bank is currently under a tax evasion probe for hosting numerous financial accounts suspected of tax evasion crimes.
Portugal Plans to Levy Tax Up to 28% on Crypto Gain
According to the plan submitted to parliament on Monday, Portugal's proposed 2023 budget has made a provision to tax gains on crypto holdings held for less than one year at a rate of 28%.
PayPal Increases Weekly Limits for Crypto Purchases to $100,000
The leading payment platform PayPal has increased limits on crypto purchases to $100,000 per week from $20,000 for U.S customers.
Peter Schiff Sends Stern Warning to Barry Silbert Over Grayscale Bitcoin Trust Price Collapse
Grayscale investments’ national ad campaign has fallen on deaf ears, with shares in Grayscale’s Ethereum Trust plummets 80%. Peter Schiff sends a warning to Grayscale investments CEO Barry Silbert.
Cathie Wood-led ARK Invest Purchases Another $54M Shares in Square
The Ark investment has placed a strong bet on the US version of the online payment provider Square, which bought another total of about 226,000 shares of the Square (SQ) at a cost of about $54 million.
Binance.US Digital Asset Trading Marketplace is Now Available in North Carolina
Binance.US has now expanded its digital asset trading services to include North Carolina investors.
Alerting! CoinList's Twitter Account Hacked
Crypto platform CoinList's Twitter account was hacked on July 22, 2023. Neon EVM alerted users to avoid clicking any links.
Defi Tranche Protocol Receives $1.5M Seed Round of Financing led by Three Arrows Capital and Spartan Group
Defi chess-themed Tranchess protocols received a $1.5 million seed round of financing led by Three Arrows Capital and Spartan Group.
Bitcoin $30K Resilience Amid Crypto Meltdown and Stablecoin Crash Shows its Brilliant Architecture - PayBito CEO
Despite Bitcoin’s slashed valuation in the past few months, the leading cryptocurrency has steadily held the $30,000 level because of its unique decentralized proof-of-work (PoW) mechanism, according to Raj Chowdhury, the CEO of crypto trading platform PayBito
The Value Stored in the Bitcoin Network Stands at an All-Time High
The value stored in the Bitcoin network is at a record high based on the realized price.
GameFi platform BinaryX launches strategy game CyberChess with $500,000 Prize Pool
BinaryX, a GameFi development platform, announced today the launch of CyberChess, one of the first free-to-play, play-and-earn auto chess strategy games in the P2E dominant GameFi space. CyberChess offers people on Web3.0 new entry points into the world of GameFi.
Short-Term Bitcoin Holders Have Been Selling at a Net Loss Since May 13
Ever since Bitcoin (BTC) dropped from the record-high price of $64,800 set in mid-April, short-term holders have found themselves on the receiving end based on a sharp correction.
Kraken Launches New Mobile App for Crypto Trading in the U.S.
Crypto exchange company Kraken announced Wednesday to launch a new mobile app for cryptocurrency trading.
Why Switzerland is Fast Becoming a Global Hub for Blockchain Industry
Switzerland is fast adopting innovation and blockchain and is positioned to create a huge impact on other economies.
Talk to Earn, TAGO to Introduce Blockchain Technology in Mental Health Sector
TAGO, a UK-registered tech startup, aims to connect people in need of support for mental health through blockchain technology.
Crypto Traders’ Speculation of Ethereum Volatility Relative to Bitcoin’s is Rising
Ethereum's upward momentum is making Ether and Bitcoin's implied volatility rise.
Bitcoin Billionaire Winklevoss Slams European Central Bank Money Printing Despite Strong Euro
Bitcoin billionaire and Gemini Exchange Founder Tyler Winklevoss Slams European Central Bank's continued stimulus and low refinancing rates despite a strong Euro.
US Army Reveals That North Korea Has A Legion of 6,000 Hackers Working for the Nation
In a tactical report, the US Army unveiled that North Korea possessed government-based divisions assigned to cryptocurrency and crypto cybercrimes.
ECB is Raising the Bar with its Crypto Surveillance
European Central Bank: Increase Crypto Monitoring Activities with On-Chain Data
China Shuts Down Over 90% BTC Capacity, Sichuan BTC Sites Massively Offline
China intensified law enforcement against domestic Bitcoin mining activities. Bitcoin mining sites in Sichuan Province were reportedly massively disconnected by losing power supply and abilities for further BTC mining operations.
Bitcoin Miner Iris Energy Inks $100M Deal as it Contemplates M&A
Bitcoin mining company Iris Energy has agreed on a deal to sell up to $100 million in shares to investment bank B. Riley, as the company contemplates mergers and acquisitions following a recent capital increase
Former Australian Politician Converts to "Millennial’s Version of Gold" - Bitcoin
The former senator for South Australia, Cory Bernardi, has joined the Bitcoin bandwagon lately, seeing it as the millennial’s version of gold.
Republic of Palau Partners with Ripple to develop National Digital Currency Strategy
Ripple has been tapped to help Palau develop a U.S. dollar-backed digital currency, which is seen as a viable alternative to CBDC.
Bringing Bitcoin to Ethereum: Wrapped Bitcoin Surpasses $1 Billion in Total Value Locked
Decentralized finance (DeFi) keeps booming as one of its Bitcoin tokenization protocols recently skyrocketed by 900% in a span of two months.
Crypto.com Suspends all Deposits, Withdrawals due to Suspicious Transactions
Crypto wallet provider and trading platform Crypto.com said it would stop all deposits and withdrawals due to suspected unauthorized transactions on the platform.
Fidelity Investments Acquires $20M Stake in Bitcoin Miner Marathon Digital
Fidelity Investment Inc now has a 7.4% stake in Marathon Digital Holdings, a major crypto mining firm in North America.
Jun 10: Who says only Irrational Investors trade Bitcoin?
FOMC tonight with consensus heading rather dovish. For example MS expects Fed to switch to a monthly program of Treasury QE at $80bn per month with a dovish bias in projections. Of course, Powell isn't going to offer much clarity in explicit forward guidance. With Nasdaq crossing 10k momentarily last night (just 2 minutes), the market is starting to get excited. Nikola, a electric truck company with 0 earnings, has more than doubled in share price from last week, is now actually worth close to $30 billion (more than Twitter?).
BTC & ETH Have Been the Best Risk-Adjusted Assets over the Last Year
Bitcoin (BTC) and Ethereum (ETH) have been the best risk-adjusted assets over the last year based on the Sharpe Ratio.
Bitcoin Miner Rhodium Plans to List on Nasdaq through Reverse Merger
Bitcoin miner Rhodium Enterprises is planning to list on Nasdaq under the ticker “RHDM” through a reverse merger with business consulting firm SilverSun Technologies Inc., Bloomberg reported on Sept 30.
Protests Erupt as Alexander Lukashenko Wins Disputed Landslide Election in Crypto Forward Belarus
In Belarus, a highly contested election victory for longstanding President Alexander Lukashenko over Svetlana Tikhanovskaya has erupted in protests. Despite the dispute, the Soviet forged dictator’s stay of power may be good news for crypto.
Cardano and COTI Partnership Is Bearing Fruit
Top-five cryptocurrency Cardano (ADA) has experienced some freakish momentum of late, crossing the dollar threshold to approach an all-time high set three years ago. Amazingly, ADA gained 650% in less than two months prior to the latest correction, making it one of the best-performing altcoins in the market.
Blockchain 2020
We welcome researchers, experts and curious young scientists from all over the world to be a part of International Conference on Blockchain and Data Science is scheduled during March 18-19, 2020 in Las Vegas, USA.
Equilibrium and Chainlink to Power Synthetic Assets and Stablecoins on Polkadot
Equilibrium has chosen Chainlink, a tokenized oracle network, to power synthetic assets, lending, and stablecoins using its smart contracts.
US Department of Justice Shuts Down Pornography Site That Sells Child Pornography For Bitcoin
A charge was brought upon a South Korean citizen named Jong Woo Son and other hundreds of individuals in different countries to have been operating the world's largest child sexual exploitation website by volume of content using bitcoin as a means of exchange.
Fintech MoneyLion Adds Crypto Trading with $1M Prize Before IPO
Financial technology company MoneyLion introduced cryptocurrency services to its integrated financial service application before its public listing, allowing clients to buy and sell Bitcoin and Ethereum freely.
Litecoin Expected to Move Towards Its Resistance of $214 as PayPal to Enable Crypto Payments
PayPal allowing Litecoin payments will undoubtedly stimulate the further surge of Litecoin. LTC is expected to move towards its resistance of $214.
PayPal May Be in Talks to Acquire Curv Crypto Custody Firm
After PayPal dropped plans to acquire BitGo digital asset custody firm, it has been reported that it is now aiming to acquire Curv crypto custody firm.
Bitcoin Stands in the Last Resistance Zone, staring at the ATH level of $64,800
Bitcoin has been able to pick up the pieces because it is 11% away from the all-time high (ATH) price of $64,800 set in mid-April.
$115 Million in Bitcoin Was Acquired by an Asset Manager as its Primary Treasury Reserve Asset
Stone Ridge Asset Management, home to $13 billion in assets under management (AUM) has recently purchased $115 million in Bitcoin.
Low-Risk Appetite Continues to Play Out in Bitcoin Market Based on Diminishing Institutional Activity
Institutional activity remains sluggish as Bitcoin hovers around the lower $20K level, depicting a low-risk appetite.
Is Bitcoin on the Verge of Forming the Bottom?
The Long-Term Holder NUPL (LTH-NUPL) indicator shows Bitcoin’s bottom is forming since it is at the same level as the past two significant pullbacks of 2021.
Interoperability Protocol LayerZero Labs Secures $135m Investment
Decentralized full-chain interoperability protocol LayerZero Labs has secured a $135 million investment co-led by Sequoia Capital, FTX Ventures and Andreessen Horowitz.
Curve Finance Submits Application for 1 Million OP Token Grant
Curve Finance has submitted a governance proposal on Optimism for a 1 million OP token grant, according to a post on the Optimism forum submitted on July 24.
Hut 8 Purchases 5,800 Mining Rigs to Improve Productivity in Ontario
Hut 8 has bought new Bitcoin mining machines. The miner considers the purchase as part of efforts to alleviate a bottleneck in its production facilities.
XRP Treated Differently Than Bitcoin and Ethereum in the US and Why It Matters, According to Ripple CEO
Ripple CEO Brad Garlinghouse discussed why Ripple has been actively considering other hubs outside of the US for cryptocurrency and blockchain innovation.
Fifth Belt and Road Summit opens today
The fifth Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), opened today. The two-day event (30 November and 1 December) is being held online this year with a new virtual platform that includes plenary sessions, one-to-one business matching meetings, project pitching sessions and a virtual exhibition, bringing together some 80 ministerial officials and business leaders from countries and regions along and beyond the Belt and Road. The event attracted an audience of more than 6,000 from some 80 countries and regions.
Core Scientific Posts Strong Q4 Amidst 2023 Fiscal Recovery
Core Scientific has announced a significant fiscal recovery for Q4 2023, with a notable increase in self-mined bitcoin and improved financial results.
Crypto Market Cap Clashes over 50% to around $1.4T
The market cap of cryptocurrencies has fallen more than 50% to around $1.4 trillion as the Federal Reserve (Fed) raised interest rates by 50 basis points sparking a sell-off panic among investors.
NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing
Focusing on using NFT as loan collateral, Arcade raised US$15 million in Series A financing which was led by Pantera Capital, Castle Island Ventures, and Franklin Templeton Blockchain Fund.
IMF to Play a Crucial Role in Monitoring Digital Money Evolution
The IMF is set to play a crucial role in monitoring the advancement of digital currencies.
GameStop's Blockchain Chief Matt Finestone Departs from Company
Matt Finestone, head of the blockchain team of GameStop Corp, announced his departure after working 1.5 years at the company.
Metaverse, Web 3.0 Disruption and Blockchain Advancement to be Discussed at MetaWeek in Dubai
The MetaWeek conference will take place on September 11-14, 2022. Thousands of web 3.0 enthusiasts and thought leaders from all over the world will convene in Dubai to set the future trends of metaverse applications.
MicroStrategy CEO Michael Saylor Says Apple Could Gain $100 Billion More with Bitcoin Investment
Bitcoin bulls make the case for why Apple will benefit from a Bitcoin investment and an integration of the digital asset on its platforms.
Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill
Crypto businesses may be offered a regulated path to legalization in the state of Louisiana. The proposed bill has been backed by Louisiana state representative Mark Weight. Should the bill be passed, the state would have a regulated crypto framework to operate within and would provide an official definition of traditionally ambiguous cryptocurrency-related terms.
Coinbase’s Direct Listing Reference Price Set at $250 per Share by Nasdaq
The Nasdaq Stock Market has set a reference price of $250 per share for the direct listing of Coinbase Global Inc., the largest US crypto exchange that will go public on April 14.
Ethereum’s Daily Transaction Volume is Going Parabolic Surpassing Bitcoin by $3 Billion
Ethereum's daily transaction volume is going parabolic. It now settles $12 billion in transactions daily - $3 billion more than Bitcoin.
Metadee Launches 5 Volumes of the World's Oldest Quran Manuscript NFT
UK-based NFT marketplace Metadee has announced plans to sell all five volumes of the oldest currently handwritten Quran manuscript in NFT.
North Korea Targets Crypto Exchanges to Fund Missile Programs: UN Report Reveals
North Korea has stolen more than $50 million in cryptocurrency between 2020 and mid-2021 to fund the country's missile programmes, an excerpt from a United Nations report stated.
Unchained Capital Raises $60M in Bitcoin Funding
Financial services provider Unchained Capital has raised $60 million in a Series B funding round led by Valor Equity Partners. The company uses multi-signature technology to provide a more secure way to hold Bitcoin, allowing clients to share control of their funds between private keys they hold themselves and those held by Unchained or other financial services companies. The funding will be used to expand Unchained's reach and suite of services.
Could Bitcoin and Blockchain Be Affected by the Coronavirus?
Blockchain, Bitcoin and Viruses. What can we expect?
US Blockchain Firm Ripple Considers Relocation to UK and Singapore for Better Crypto Regulatory Clarity
Ripple CEO explains why he is considering UK and Singapore as potential countries to move blockchain firm Ripple's operations to.
Darknet AlphaBay Moderator Paid in Bitcoin Sentenced to 11 Years in Prison
A darknet moderator for marketplace AlphaBay has been apprehended by law officials and sentenced to 11 years in prison.
Gold Bull Peter Schiff Changes Bitcoin Price Prediction as BTC Smashes New Record of $50,000
Bitcoin has achieved a new record high of $50,000 as institutional support has continued to pile onto the cryptocurrency.
Browser Extensions Used by Scammers to Steal Bitcoin
The CEO of Casa takes his time to demonstrate how browser extensions can be used to launch a cyberattack to steal Bitcoin. He emphasized on cyber consciousness and cybersecurity.
Solar-powered Crypto Mining Becomes Legal in Uzbekistan
Companies in Uzbekistan can start mining cryptocurrencies using solar energy, a presidential decree released this week stated.
Bitcoin Addresses Sending to Exchanges Hit a Monthly Low as BTC Sits on Strong On-Chain Support
The number of BTC addresses sending to exchanges reached a monthly low of 4,831.226, as acknowledged by crypto analytic firm Glassnode.
3 Reasons Behind the Recent Crypto Market Crash—Why Bitcoin Price Dropped $600
The Bitcoin price started to plunge in coincidence with our report of the Korean police raiding Korea’s largest cryptocurrency exchange Bithumb for fraud.
Blockchain and the Wheel of Fate: The Role of Blockchain Technology in Disease Surveillance and Pandemic Prevention
Pandemics are an inescapable fact of life on Earth. They have happened before, and we are on the verge of experiencing the latest such event through the relentless spread of the coronavirus. How can blockchain technology help to contain pandemics?
Here is Why Tether Blacklisted Five TRON Addresses
Tether has blacklisted five new addresses on the TRON blockchain, highlighting its efforts to maintain network integrity and security. The largest address lost over $1.2 million USDT, aiding law enforcement and users in recovering stolen funds.
Japanese Lawmakers to Introduce New Bill, Empowering Crypto Seizure
In a bid to strengthen its regulatory landscape, Japanese lawmakers are reportedly looking forward to amending the Act on Punishment of Organized Crimes and Control of Proceeds of Crime (1999)
AngelBlock, DeFi protocol for crypto-native fundraising, announces it’s Startup Grant Program and platform launch
AngelBlock is a platform dedicated to bringing together vetted, noteworthy crypto and FinTech startups with knowledgeable investors. The aim is to allow frictionless providing of financing and support by investors to new ventures in the crypto, blockchain, and FinTech space focusing on early-stage investments, in a manner that's fully on-chain and decentralized. The team prepares to launch the fundraising platform in Q4 later this year, and they want to support three promising startups with a 90,000 USDT grant program. Winners of the grant will not only get 30,000 USDT each but will also be listed on the platform for fundraising and have access to the core AngelBlock team for mentoring.
El Salvador Tourism Sector Surges 30%, Benefit from Adopting Bitcoin as Legal Tender
El Salvador is leaping the dividends of making Bitcoin legal tender. The nation’s tourism industry has recorded a 30% surge since this milestone was attained in September 2021.
North Korean Hackers Allegedly Behind $35 Million Cryptocurrency Heist
North Korean cybercriminals are the prime suspects in a recent cryptocurrency heist involving the theft of a substantial $35 million. Cybersecurity analysts shared this assessment with CNN on Tuesday, pointing to telltale signs in the tactics and techniques used in the attack.
Block on Hiring Spree for Bitcoin Mining, Wallet Hardware Businesses
According to Block's job postings on LinkedIn, the available job openings are heads of Bitcoin mining policy, communications, and partnerships among many.
Over 12,000 Brazilan Firms Hold Crypto, Says Local Tax Authority
According to a recent report from the Brazilian Tax Authority (RFB), Brazil registered a hike in records of companies and institutions claiming to hold some cryptocurrencies.
FIS Worldpay Partners with Circle for Merchant Payment Settlements in USDC Stablecoin
By partnering with Circle, Worldpay will enable merchants to have the ability to receive settlement directly in USDC stablecoin.
The Global Blockchain Congress 2019: Blockchain and its impact in sustainability, stable coins, privacy and other disruptive technologies
The Bank of Japan, the World Trade Organization, the Inter-American Development Bank and the World Economic Forum will participate in a global congress where a direct dialogue will be established to outline the future of the industry.
Bitcoin’s Present Bull Run Has Been Extraordinary Compared to the 2015-2017 Bull Cycle - Peter Brandt
Veteran market analyst and trader Peter Brandt has analyzed Bitcoin's current bullish momentum and compared it to the 2015-2017 bull cycle.
Gate.io Offers Zero-Fee Trading on Spot and Contract Markets
What's better than low fees? No fees. Gate.io is excited to announce ZERO trading fees on most spot and contract market trading pairs. The no-fee structure was launched in two phases, first on September 16 (UTC) and then on September 20 (UTC), for spot and other markets, respectively. After a breakthrough year for the exchange, this radical change in fees is an ambitious move to give back to the crypto community. The removal of fees on this scale is unmatched by any other mainstream exchange, making Gate.io the industry's most affordable platform for crypto trading.
Bitcoin Leads Bullish Trend with $125M Inflows in Overall Crypto Market
CoinShares reports a significant increase in investor bullishness towards digital assets, with a total inflow of $125 million in the past week. In the last fortnight, inflows totaled $334 million, representing nearly 1% of the total assets under management (AuM).
The First Bitcoin Futures ETF Approved In U.S., Expecting to Start Trading This Week
The US SEC has finally approved the first Bitcoin futures ETF to operate in the country. ProShares’ Bitcoin futures ETF is scheduled to trade this week.
Ex-Chief Executive of the HKMA Establishes Digital Wallet Firm to Solve Issues in Cross-Border Trade Finance
The former Chief Executive of the Hong Kong Monetary Authority (HKMA) has established a new digital wallet company, RD Wallet Technologies Limited.
Mercado Libre to Continue Crypto Trading Expansion in Brazil
Argentine-listed retail giant Mercado Libre has announced that it will continue to expand its cryptocurrency trading operations to Brazil through a digital wallet called Mercado Pago.
Thailand Exempts Crypto Transfers from VAT Payments until 2024
The Thai government has decided to exempt crypto transfers from value-added tax (VAT) payments until December 31, 2023, following a royal decree, the Bangkok Post reported.
Hacking Ransomware Group REvil Threatens to Strike Again
Previously known to be the company that has hacked big-name Grubman Shire Meiselas & Sacks, REvil threatens to keep up with their devious activities. This time, the new scheme that they plan to carry out entails big-name celebrities, such as rap star Nicki Minaj, and NBA superstar Lebron James. They also extended their cyber-attacks to include Mariah Carey.
Global Efforts to Classify Cryptocurrencies
Cryptodata website 21Shares and CoinGecko have launched a worldwide crypto asset classification system.
78% of the Circulating Bitcoin Supply is Illiquid, a Clear Bullish Indicator as BTC is Being Hoarded
78% of the circulating Bitcoin supply is illiquid, and Glassnode noted that this is an indicator of bullish investor sentiment.
Ethereum is Settling Three Times More Value On-Chain Than Bitcoin Daily
Ethereum (ETH) continues to surpass Bitcoin in terms of the value settled on-chain daily.
Nobel Laureate to speak at Asian Financial Forum Global business leaders view post-COVID Economy in January
17 December 2020 – In light of the ongoing COVID-19 pandemic, the 14th Asian Financial Forum (AFF) will be held virtually on 18 and 19 January 2021. Under the theme “Reshaping the World Economic Landscape”, the forum will examine the challenges at hand and strategize the road to recovery and beyond with more than 150 influential global financial experts, policymakers, business leaders, economists, investors, and entrepreneurs.
Bitcoin Price Is Approaching Euphoric Levels as Addresses with More Than 1000 BTC Hit All-Time High
Wild price swings have seen Bitcoin (BTC) breach the $40,000 for the first time in its twelve-year history.
Miami Mayor Embraces Chinese Bitcoin Miners
Miami Mayor Francis Suarez said the city open doors to Bitcoin miners from China as a new home for Bitcoin mining.
Bitcoin Hodlers Remain Steadfast, Coins Aged over 3 months Hit ATH of 86.3%
Despite Bitcoin lacking a significant upward momentum, this has not dampened the spirits of hodlers because coins aged at least 3 months hit an ATH of 86.3%, according to Glassnode.
U.S. Payment Network Affirm Promotes Crypto Trading Services via Debit Card
American payment company Affirm announced that it plans to launch a debit card that will add cryptocurrency buying and selling functions, allowing users with affirm's savings accounts to buy and sell cryptocurrencies freely.
Facebook Diem Project to Launch USD Stablecoin after Dropping Swiss License Application Plan
Diem Association is planning to move its main operations from Switzerland to the United States.
Changpeng Zhao, CEO of Binance Opens Up About Bitcoin & Current Crypto Market Situation
In one of his blog posts posted on March 20, 2020, Changpeng Zhao, CEO of Binance shared his thoughts on the current situation in the crypto market. He isn't worried about the cryptocurrency at all. According to him, the fundamentals haven't changed and Bitcoin is still limited in supply whose demand is increasing, especially at this very moment.
Exclusive: Why are Independent Third Party Crypto Custodians so Important?
Alexandre Kech, CEO of Onchain Custodian shares with us the importance of independent third party custodian solutions. He identified three grey areas for assets under custody by the exchange and how Onchain Custodian identifies the custodial needs for crypto players and traditional financial giants!
Blockstream Partners with Sevenlabs and Poseidon Group to Launch Decentralized Bitcoin Exchange
Cryptocurrency infrastructure service providers Blockstream, Sevenlabs, and Poseidon Group have partnered to launch XDEX, a decentralized exchange for bitcoin and securities assets, in Switzerland, according to Nasdaq.
Bakkt Opens Long-Awaited Bitcoin Warehouse For Deposit and Withdrawal
Bakkt has finally announced the launch of its long-awaited for the withdrawal and deposit of Bitcoin, Bakkt had said in its announcement that it's potential clients are customers who are willing to deposit and withdraw Bitcoin.
Long Term Bitcoin Holders Emerge as the Biggest Beneficiaries with a Cost Basis of $17,750
Long-term holders have been laughing all the way to the bank based on their cost basis of $17, 750, given that Bitcoin's price current stands at around $63,355.
Binance Restricts 281 Nigerian Users in Relation to Money Laundering Laws
Binance restricted 281 Nigerian users in relation to safeguarding international money laundering, CEO Changpeng Zhao said.
ARK Invest Intensifies Investment in Robinhood
ARK Invest, led by Bitcoin enthusiast Cathie Wood, increased its stake in Robinhood, buying 1.1 million shares worth over $9.5 million in a single day. The investment was distributed across three ARK ETFs, with ARKK acquiring the majority.
UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility
London-based Argo Blockchain has joined an increasing number of firms seeking to construct crypto mining facilities in Texas, US.
Circle Inks Strategy Partnership with Bancorp for USDC Custody
Circle Internet Financials LLC, the blockchain company responsible for the issuance of the USDC stablecoin, has announced its latest partnership with New York Community Bank (NYCB).
Bitcoin Is Still the Cryptocurrency to Own Despite Current Struggles, says SkyBridge Capital Founder
SkyBridge Capital founder Anthony Scaramucci believes that Bitcoin is still the cryptocurrency to watch because it has attained “escape velocity."
Bitcoin Prices Hold Tight above $20K Level, But Downsides Still Imminent
Bitcoin is still at risk due to bad economic news such as inflation data, and Federal Reserve meetings, among others.
MacroStrategy Secures Collateral Loan, Worth $205m from Silvergate Bank for Purchasing Bitcoin
MacroStrategy, a subsidiary of US-based MicroStrategy, has shown further interest in continuing buying and holding more Bitcoin. The company closes a $205 million Bitcoin-collateralized loan with Silvergate bank to purchase Bitcoin.
IOSCO Proposes Measures To Probe Digital Marketing Risks
Concerning the rapid increase of risks in digital marketing, The International Organization of Securities Commissions, or IOSCO, has proposed some measures for its member countries to consider when deciding their policy and imposition approaches to retail online offerings and marketing.
Zcash Co-founder "John Dobbertin" is Actually Edward Snowden
Edward Snowden has been revealed as one of the co-founders of Zcash, after he gave his fellow co-founder Zooko Wilcox permission to disclose his involvement.
Emirates Airline to Roll Out Bitcoin Payment and Enter the Metaverse
To optimize customer satisfaction rates, Emirates Airline has revealed plans to adopt advanced digital solutions, such as cryptocurrency, metaverse, and blockchain.
Switzerland’s Sygnum Crypto Bank Launches Swiss Franc-Backed Stablecoin to Facilitate Trading of Financial Assets
Sygnum, a Swiss-based crypto bank, has launched a fiat-based stable coin, DCHF token, tied to the Swiss Franc, in an effort to increase transaction efficiency by enabling faster payment when trading financial assets.
Swiss's Luxury Hotel Chedi Andermatt Accepts Cryptocurrency Payments
After four years of negotiations, Chedi Andermatt, a luxury hotel located in the Swiss Alps, finally passed a cryptocurrency payment plan.
Bitcoin Miner CleanSparks Buys 10,000 Miners at Discounted Price
American Nasdaq-listed cryptocurrency mining company CleanSpark has announced the purchase of new 10,000 Antminer S19j Pro units for $28 million.
Deutsche Boerse to Delist Coinbase Shares Citing "Missing Reference Data"
Coinbase shares will be delisted on Deutsche Boerse'trading platforms after "missing reference data" was uncovered.
Bitcoin Price to Reach $1 Million in 2025, Raoul Pal Adds One More Zero to His BTC Prediction
Raoul Pal, the CEO of Real Vision Group, and a wall street veteran believes that Bitcoin could hit $1 million by 2025, according to his model.
Bitcoin Rally Backed by Big-Time Investors May Be the Gateway to Mainstream Crypto Adoption
Bitcoin’s rally continues above the $19,000 level, and by now it is clear that the bull run this time around is largely driven by institutional investors.
Worldcoin (WLD) Introduces Updates for Personal Data Protection and Age Verification
Worldcoin, a digital identity project led by OpenAI CEO Sam Altman, has introduced improvements to personal data protection and age verification, including permanent iris code deletion and in-person age verification checks.
Is Dogecoin (DOGE) the New GameStop?
As retail Reddit and Twitter investors are being barred from trading GameStop on trading apps like Robinhood, a shift to Dogecoin is pumping the altcoin
Litecoin (LTC) Price Analysis: January 19, 2021
This piece analyzes Litecoin's price in the current market realities and inflows by retail institutional and retail investors.
Brock Pierce's Presidential Campaign Enlists Akon as Chief Strategist
Crypto entrepreneur Akon has announced that he will be endorsing Brock Pierce’s presidential campaign and joining the crypto venture capitalist’s campaign team.
Why Hong Kong Will Be a Leading Digital Asset Trading Centre in Asia
Reasons why Hong Kong will a leading digital asset trading centre in Asia.
Singaporean DBS Bank to Expand Bitcoin Offerings to Retail Traders
Singapore-based bank and financial operator DBS is on track to expand its Bitcoin trading services to its retail customers.
Singapore's Amber Group Gets Valuation of $3B, Facilitating Potential IPO
Singaporean state investment firm Temasek Holdings Pte and other investors value cryptocurrency-trading platform Amber Group at $3 billion in a funding round.
Google Web Searches for Bitcoin Hit a Historic Low with Nigeria Still Leading
The Global web search data from Google Trends indicate that there has been a decline in recent times as it has recorded an all-time low since October 2018. Even in the midst of the activities going on in the global scene we see that some African countries have been leading with Nigeria recorded as the country with the highest level of Bitcoin searches, followed by South Africa and Ghana respectively.
Telegram Maintains Gram is not a Security, Urges Court to Deny SEC Action
Telegram, in an October 16th filing, has asked the Southern District Court of New York to deny the request by the United States Securities and Exchange Commission for a preliminary injunction on Gram, Telegram’s native cryptocurrency.
Fidelity Digital Assets Demystifies Common Misconceptions Surrounding Bitcoin
Fidelity Digital Assets, the US-based crypto arm of Fidelity, has taken it upon itself to debunk common misconceptions revolving around Bitcoin.
Will Terra’s UST and LUNA Crash Cause a Shift to ‘Cryptos that have Stood the Test of Time’?
LUNA has left crypto enthusiasts' mouths agape because they could never imagine in their wildest dreams that one of the top ten cryptocurrencies could collapse to near-zero overnight.
Crypto-Related Firms Should Treat Crypto Custody Arrangements as Liability: US SEC
The U.S. Securities and Exchange Commission（SEC） said cryptocurrency-related U.S.-listed companies should link those assets to arsenic liabilities and disclose the associated risks to investors, Reuters reported.
Drone Racing League Partners with Hivemind's Playground Labs, Launch First P2E Game on Algorand Blockchain
Professional drone racing League joins the Metaverse world by launching its first game on the Algorand blockchain in partnership with Playground Labs.
Tesla Shares Plummet as Bitcoin Sinks to $50,000
Tesla’s shares have plummeted by around 3.8%, following a massive sell-off wave that overtook tech stocks and the cryptocurrency market.
Thai Firms Pour Money into Bitcoin as Crypto Ownership Expands
Major Thai companies are heavily investing money into Bitcoin as the number of people estimated to own cryptocurrency in the Southeast Asian nation surged over 400% in 2021 from the year before to 3.6 million, Nikkei Asia reported.
Grayscale Submits Comment Letter to SEC Regarding Spot Bitcoin ETF Application
Grayscale's legal team submitted a comment letter to the SEC, advocating for the approval of all spot bitcoin ETF applications, emphasizing fair regulation and investor protection.
SEC Chair Gary Gensler Addresses X Account Hack and Security Measures
The SEC's X account was compromised on January 9, 2024, causing market fluctuations and highlighting cybersecurity concerns. The SEC is working with law enforcement to investigate.
Coinbase Confirms No Risk Exposure to Bankrupt Crypto Firms
Nasdaq-listed cryptocurrency exchange Coinbase said in an announcement Wednesday that it had no risk-free exposure to bankrupt crypto firms including Celsius, Three Arrows Capital, and Voyager Digital.
Changelly Launches New App for Cryptocurrency Swapping
Changelly, a leading in cryptocurrency swaps has released a new app for both Android and iOS users.
Zcash Bug Could Leak Full Nodes with Shielded IP Addresses
Duke Leto, a core developer at Komodo (KMD), recently published a blog on his personal website revealing that, “A bug has existed for all shielded address since the inception of Zcash and Zcash Protocol.” Leto explained, “That is, Alice giving Bob a zaddr to be paid, could actually allow Bob to discover Alice’s IP address. This is drastically against the design of Zcash Protocol.”
Decentralized Finance (DeFi)
DeFi stands for decentralized finance, which owns the blockchain advantages, thus removes trusted third parties and more. DeFi will have profound impact to traditional financial industries.
United States Department of Defense Tests Out Blockchain Technology to Enhance Cybersecurity
The United States Department of Defense (DoD) is considering implementing blockchain technology to enhance its cybersecurity.
Crypto Markets Waver with $30 Billion in a Bitcoin Sell-Off
This bearish triangle pattern exhibited by Bitcoin for the past months reached its lowest- $8000
The Rise of the Anon: Protecting Innovation
Anonymity is increasingly offering protection to innovators as well as their ideas.
DeFiChain Community Brings Attractive Rewards For DFI ERC-20 Pairs on Uniswap
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, is thrilled to announce that its community has voted to offer lucrative liquidity mining rewards for the ERC-20 format of its native DFI token pairs on Uniswap. The proposal put forth by DeFiChain’s Lead Researcher received more than 96% votes in favor.
World Bank Refuses El Salvador’s Request to Assist Bitcoin Currency Adoption
The World Bank rejects offering technical assistance for El Salvador to implement its Bitcoin adoption agenda given environmental and transparency concerns.
China's Meitu Doubles Down on its BTC and ETH Purchases and Invests Another $50 Million
Meitu has scooped up an additional $50M of crypto, with Ether allocation surpassing Bitcoin's.
One of the Richest Men in Mexico Invests in Bitcoin, saying “Paper Money is Worth Nothing”
One of the wealthiest men in Mexico, Ricardo Salinas Pliego has just revealed that he had invested 10% of his liquid portfolio in Bitcoin (BTC).
Russia Restricts Anonymous Cash Deposits to Online Wallets
The Russian Government has put strict limits on anonymous deposits made to online wallets. While it is not a complete ban, the initiative by lawmakers is promoted as a step to deter illegal activity such as money laundering and illicit drug transactions and could affect up to 10 million users.
Over 48 Terra Projects Merged to Polygon Ecosystem
Over 48 projects that used to run on Terra blockchain have been jointly migrated to the Polygon ecosystem, including the well-known Lunaverse (LUV) Metaverse platform, OnePlanet NFT marketplace, and Derby Stars play-to-earn (P2E) games.
Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card
Coinbase Card and Google Pay have partnered to increase the liquidity of cryptos and provide a new form of convenient payment options to clients. Coinbase customers now can use their cards via easy mainstream mobile payments.
South Korea Is Looking to Put Trade Finance on the Blockchain
The South Korean government wants all trade to be on the blockchain, Coindesk reports.
Simplify Asset Management Unveiled Bitcoin Strategy-related ETFs
On September 30, Simplify Asset Management, a registered investment advisor, announced the official launch of the Bitcoin Strategy ETF “Simplify Bitcoin Strategy PLUS Income ETF” with the code “MAXI”.
Minima Blockchain Network Reaches 120,000 Complete Nodes, Surpasses Bitcoin Node Count
The history of blockchain has witnessed another level higher with the number of Minima complete nodes surpassing the number of Bitcoin full nodes.
CNBC Mad Money Host Jim Cramer From Skeptic to Bitcoin Bull
CNBC’s Mad Money host Jim Cramer thinks a major shift in safe-haven assets is on its way and believes Bitcoin and crypto will be the choice of the next generation.
Binance Acquires Majority Stake in Gopax
Binance returned to South Korea with a controlling ownership in ailing exchange Gopax.
Coinbase Completes Tender Offer for 3.625% Senior Notes Due 2031
Coinbase Global, Inc. has concluded its cash tender offer for its 3.625% Senior Notes due 2031, aiming to purchase up to $180.0 million. The offer expired on September 18, 2023. Coinbase plans to finalize payments by September 20, 2023. The total tendered amount is $262,543,000, with holders receiving $675.00 per $1,000 principal amount. Citigroup Global Markets Inc. acted as the Dealer Manager.
Trust Wallet connects Binance Pay and Coinbase Pay
Trust Wallet launched its browser extension, now available in Chrome and Opera browsers. The extension lets users store, send and receive crypto across all EVM chains and Solana networks. Binance CEO Changpeng Zhao publicly endorsed Trust Wallet, stating "self-custody is a fundamental human right".
Voyager Digital Files Chapter 11 Bankruptcy in New York
Cryptocurrency broker Voyager Digital Ltd. said that it has filed for Chapter 11 bankruptcy in New York.
Coinbase Blocked 25,000 Wallet Addresses of Russian Individuals or Entities Linked to Illegal Activities
Cryptocurrency exchange Coinbase Global Inc. said it has blocked 25,000 wallet addresses of Russian individuals or entities linked to illegal activities.
China Announces 15 Pilot Zones for Testing Blockchain Tech
China announced 15 pilot zones for testing the application of blockchain technology for several service sectors.
SEC Chair on FTX Collapse: Investors Need Better Protection
SEC Chair Gary Gensler says investors need more protection in the wake of FTX collapse
Entities Holding Less Than 100 BTC are the Best Survivors amid LUNA's Liquidation
In a bid to salvage the LUNA and UST crash, the Luna Foundation Guard (LFG) liquidated 80,081 BTC, but these coins were received with open arms by entities holding less than 10,000 Bitcoins.
Space and Time Secures $20 Million Strategic Funding Led by Microsoft’s M12 to Automate the World’s Business Logic
Space and Time, a Web3-native data platform that empowers the trustless automation of business logic through patent-pending Proof of SQL cryptography, has secured $20 million in strategic funding from marquee investors led by Microsoft’s M12 fund.
Bitcoin Addresses with more than $1 Million Go Parabolic
Onchain data provider Glassnode has revealed that BTC addresses holding more than $1 million increased by 150% to 66,540.
Crypto Investors’ Realized Gains Increased by 400% to Hit $162.7m in 2021, Study Shows
With 2021 emerging as a strong year for cryptocurrencies, global investors made $162.7 million in realized gains, according to blockchain analytic firm Chainalysis.
Coinbase's Custodial Role in New Bitcoin Spot ETFs Marks a Crypto Milestone
Coinbase's role in the newly approved Bitcoin spot ETFs by the SEC marks a crucial advancement in cryptocurrency's integration into mainstream finance, bringing regulatory clarity and institutional investment opportunities.
Bitcoin Miner Argo Updates Computing Power to 3.2 EH/s at the end of 2022
U.K.-based publicly traded cryptocurrency miner Argo Blockchain said on Wednesday it plans to update its year-end computing power from 5.5 EH/s to 3.2 EH/s by the end of 2022, a drop of 41.8%.
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Institutions Accumulating Bitcoin as BTC’s Adoption Rate Surpasses the Rate of Internet
Institutions have been pumping investments in the Bitcoin market, which has been instrumental in an uptick in price.
SeaCoast Will Host $COAST Token Sale on October 25th
SeaCoast, the maritime startup using web3 technology to pioneer new ways of exploring the world’s waterways, has announced its public token sale. The event will commence on October 25, giving members of the public their first opportunity to purchase $COAST tokens.
Democrat Nancy Pelosi Says $1.8T COVID-19 Stimulus Package Talks at Standstill, How will Bitcoin react?
Democrat Nancy Pelosi said yesterday that discussions over a new $1.8 trillion stimulus package have ground to a halt, what could the stimulus delay mean for Bitcoin?
PayPal Exposed of Overcharging Clients: Can Bitcoin be the Remedy?
The news has been making the rounds again as grievances have been seen expressed about the exploitative conversion fees being charged by PayPal.
Pepe Coin Official Telegram Hacked
Pepe Coin's official Telegram compromised; group locked down. Amidst unexpected transactions, community urged to stay alert and follow @pepecoineth for official updates.
Blockchain Payment Company Facepay Launches Facepay Crypto Service
Blockchain payments company Facepay Inc. announced the release of Facepay Crypto, bringing cryptocurrency payments to auto stores.
Celsius Spent Over $40m on Crypto Mining in First Two Weeks after Bankruptcy
Celsius Network LLC used more than $40 million in cash on its startup mining operation in the first two weeks after filing for bankruptcy, according to a report from the Wall Street Journal.
RSS3 Raises Funding Round to Expand Decentralized Protocol for Web Feed, Content Distribution
CoinShares, Coinbase Ventures, Dragonfly Capital, and Balaji Srinivasan back Web3 infrastructure project focused on enabling platformless media.
Matthew Whitcomb Joins Spirit Blockchain Capita as Head of Corporate Development
Canada-based blockchain and digital assets company, Spirit Blockchain Capital Inc. (Spirit), has hired Matthew Whitcomb as head of corporate development.
Argo Blockchain Seeks $57.5M Debt Funding to Build Texas Mining facility
Argo Blockchain has filed an application with the United States Securities and Exchange Commission to offer $57.5 million worth of 8.75% senior unsecured notes to interested investors.
Mogul Productions Implements Chainlink Oracles to Optimize Film Financing
Some industries are reluctant to change because they benefit a small group of people or firms; film financing fits this category. Mainly restricted to established companies, funding and producing an independent movie can be extremely challenging without the right backers. One project looking to remedy that is Mogul Productions, a blockchain-based, decentralized film financing platform.
Coinbase Exchange's NFT Marketplace Goes Live in Beta
Nasdaq-listed cryptocurrency trading platform, Coinbase Global Inc, has announced the launch of the Beta version of its NFT marketplace, months after it unveiled plans to launch the service.
Solana sees Network Instability Amid Crypto Volatility
Solana was hit by instability due to excessive duplicate transactions, according to the notice on the blockchain network's website.
China's Shenzhen Special Economic Zone Now Supports Digital Currency Research
The Central Committee of the Communist Party of China recently announced that the Shenzhen special economic zone would be supporting research and the promotion of digital currencies.
Ethereum Transaction Fees Record Lowest Price Since Beginning of DeFi Boom
Ethereum transaction fees recorded its lowest price since July, when the decentralized finance (DeFi) boom began. What does this mean?
Coinbase Rolls Out AI-Driven ERC-20 Scam Token Detection System
Chief Legal Officer Paul Grewal unveils Coinbase's ERC-20 Scam Token Detection System, combining smart contract auditing with machine learning to tackle crypto scams. Disclosed on October 6, 2023, this initiative enhances security and trust in token listings on the platform.
G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence
According to a report released by the Financial Intelligence Unit of Mexico, the G7 banking sector was most at risk of money laundering operations.
Bitcoin’s Mining Difficulty Jumps by 3.44%, Reaching New ATH at 36.84 Trillion
Bitcoin's mining difficulty has increased by 3.44%. The increase means that more competition is rising.
Bitcoin Addresses with at least 1K Coins Hit All-Time High As Bitcoin Price Rebounds
The number of Bitcoin (BTC) addresses holding at least 1000 cryptos has soared to a new all-time high (ATH) at 2,469.
Mogo Launches Mogo Ventures, Manages C$124M Portfolio
Canada-based fintech company Mogo Inc has created new venture capital Mogo Ventures to manage its C$124 million ($99 million) portfolio.
Fintech Startup Stripe Reaches $35 Billion Valuation
According to CNBC, San Francisco-based payments startup Stripe has just raised another $250 million in funding, bringing its valuation from $22.5 billion to $35 billion
Dogecoin Coinbase Debut Aided by its Growing Utility
Dogecoin continued on its bullish rally as it makes its debut on the Coinbase exchange.
Brazil Could Deploy CBDC by 2022, Says Central Bank President
According to Brazil’s Central Bank president Roberto Campos Neto, the country has all the necessary implementations set in place for a digital currency issuance to happen in 2022.
'Black Swan' Author Slams Bitcoin, Calls It a 'Gimmick' and a Ponzi Scheme
After having previously invested in Bitcoin, Black Swan author Nassim Taleb has changed his mind regarding the leading cryptocurrency. He now thinks Bitcoin resembles a Ponzi scheme and explains why.
Base Unveils Its Decentralized Superchain Vision Powered by OP Stack
Base, an Ethereum Layer 2 solution, aims to decentralize and align with the Superchain vision by transitioning from Stage 0 to Stage 2 L2, bolstering OP Stack's scalability, reliability, and decentralization. It plans to allocate sequencing revenue to the Optimism Collective.
The Issuance of a $1.5B Junk Bond by Coinbase Indicates Investors are Eager to Join Crypto
Coinbase's sale of a junk bond with a total value of $1.5 billion shows that cryptocurrencies have gradually become mainstream.
Guggenheim’s Scott Minerd Says Bitcoin Price Should Rise to $400,000
Scott Minerd, Global Chief Investment Officer at Guggenheim Investments, believes that the price of Bitcoin will hit highs of around $400,000 based on its fundamental value.
HKUST Vice-President Urges Hong Kong to Issue Stablecoin HKDG
According to TKWW, key figures including HKUST Vice-President suggest that the Hong Kong government should issue its own stablecoin, referred to as HKDG, as a strategic move to bolster the city's digital economy.
Gluwa Blockchain Partners With Lagos State Government to Digitize Agricultural Assets
Blockchain infrastructure platform Gluwa is partnering with the Lagos State government to transform the agricultural sector. The move will enable the digitization of agricultural assets, making it easier for farmers in the region to obtain finance.
CME’s Bitcoin Futures Premiums Surge, Hints Rising Institutional Demand
CME’s most popular Bitcoin futures contracts seems to have surged up recently to levels not seen since April 2021. Data analysis shows that a rising number of institutions are buying Bitcoin futures.
Crypto Twitter Explodes as Elon Musk Announces Tesla Will Stop Accepting Bitcoin Payments
Tesla CEO Elon Musk's latest tweet on Bitcoin has generated a lot of backlash on Twitter.
New Crypto Fund Could Promote Release of Physically Backed US BTC ETF: Bloomberg
The launch of a new futures-backed product could potentially back the release of handouts for a physically-backed US Bitcoin exchange-traded fund.
DBS Bank Gets Approval from the Monetary Authority of Singapore to Provide Crypto Payment Services
Singapore-based DBS Bank has officially received approval from the Monetary Authority of Singapore (MAS) to provide cryptocurrency payment services, starting from next Monday.
Bitcoin is Moving to Strong Hands as Small Holders are Proving to be a Rising Force
On-chain analyst Will Clemente believes that Bitcoin is moving to strong hands given that its supply shock is at levels witnessed at the $50-$60K range.
Platypus Launches Native Stablecoin USP
Platypus Finance is launching USP, a protocol-native stablecoin. USP’s deployment has emerged from Platypus’ goal of improving capital efficiency for its users. USP also resolves long-running collateral issues associated with stablecoins. The native Platypus Finance stablecoin has been designed to reduce the liquidity fragmentation and scattered assets that are endemic to many protocols.
Crypto Sector M&A Saw Almost 5000% Jump in 2021: PwC
The cryptocurrency industry saw a 4,864% jump in the value of mergers and acquisitions in 2021, Bloomberg reported citing a report by PricewaterhouseCoopers (PwC).
Citigroup Sets to Begin Trading Bitcoin Futures for Institutional Clients
Citigroup plans to start trading Bitcoin futures on the Chicago Mercantile Exchange and launch Bitcoin exchange-traded notes later. The bank intends to offer this new service for specific institutional clients.
Why are Millennials Favouring Bitcoin?
Based on technological innovations revamping the world like cryptocurrencies, millennials have been at the forefront to embrace them. Therefore, explaining the reasons why millennials are heeding to the call of bitcoin being an exceptional technological advancement and investment tool.
US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth
The US Treasury Department officially designated China as a “currency manipulator” on Monday following the largest stock market losses the U.S has seen in 2019.
Mike Novogratz Wins 0.5 BTC on Biden Election Bet, Holds Twitter Lottery
Mike Novogratz revealed that he won half a Bitcoin in an election bet he placed on a Biden election win over the weekend. He then held an impromptu Twitter lottery giveway.
Bitcoin Begins to Attain Better Mass Adoption Status as Watford Accepts It in Sales of Merchandise
Bitcoin can be seen to continually reach the state of mass adoption as its recognition begins to enter the world football.
Bermuda Remains Committed to Crypto Despite FTX Collapse
Bermuda's Premier and Finance Minister, Edward Burt, stated that despite the collapse of crypto exchange FTX in nearby Bahamas, Bermuda will continue to accommodate digital asset and blockchain technology companies due to the benefits they offer. The territory, which implemented a regulatory framework for digital assets, recently released its first stablecoin powered by the Polygon blockchain.
Bitcoin Will Not Likely Be Held by Central Banks in the Future, Says ECB President Christine Lagarde
Christine Lagarde, the President of the European Central Bank, has once again made her stance on Bitcoin clear.
Coinbase Sued for XRP Token Sales, List of Complaints against the Cryptocurrency Exchange Grows
In a surprising twist of events, US-based crypto exchange Coinbase is also being sued for the sale of XRP tokens.
US SEC Delays Proposals for Spot Bitcoin ETFs from WisdomTree and One River
The securities regulator of the U.S. SEC has yet to approve a US exchange-traded fund that invests directly in the cryptocurrency.
PayPal Finally Enables Cryptocurrency Payments and Shopping
PayPal's customers will finally be able to make payments and shop using digital currencies such as BTC, ETH through PayPal’s online wallets.
Venezuela to Launch its Central Bank Digital Currency in October
The Central Bank of Venezuela officially announced to launch central bank digital currency (CBDC) in October this year.
Winklevoss Checks on Bitcoin Critic Peter Schiff as BTC Price Smashes ATH
As the Bitcoin price soars, Tyler Winklevoss checked in on BTC critic Peter Schiff, who is adamant that the market is rising on pure speculation.
Five Market Makers Nearing Worldcoin (WLD) Loan Settlement Date
The five market makers involved with Worldcoin's liquidity provision are approaching the loan settlement date of October 22. The recent on-chain activities reflect different strategies among these entities, possibly in anticipation of the settlement. The actions of these market makers could influence Worldcoin's market dynamics as the date nears.
SEC Rejects Fidelity's Wise Origin Bitcoin Trust spot ETF
The United States Securities and Exchange Commission (SEC) has published an order disapproving a proposed rule change to list and trade the shares of the Fidelity Investment-backed Wise Origin Bitcoin Trust under the BZX Rule.
Bitcoin, Ethereum, Solana And Other Crypto Prices Further Plunge Following China’s Fresh Crypto Ban
Cryptocurrency markets have experienced other crashes on Friday amid China’s Central bank renewed ban on cryptocurrency transactions.
China Promotes DeFi and Ethereum on CCTV, But Isn't Crypto Banned?
A segment on China's CCTV appeared to actively promote Etheruem and DeFi, but isn't Beijing anti-crypto?
California Signs Executive Order to Formulate Crypto Regulations
The US state of California announced that state agencies will work with the federal government to formulate digital currency regulations to officially accept and supervise cryptocurrencies.
Bank Of Russia Opposes International Trade Crypto Investment
The Bank of Russia is prepared to look into the possibility of permitting the usage of cryptocurrencies within the borders of the country, but this would be done solely for the purpose of conducting a legal experiment. Elvira Nabiullina, the governor of the Bank of Russia, stated that the major problem that the central bank has always had with cryptocurrencies is that they cannot be used as a payment tool.
Ethereum Has Vastly Outperformed Tech Stocks With a Staggering 171% ROI
Ethereum's price drop hasn’t dampened its spirits to offer an impressive return on investment (ROI) so far this year compared to tech stocks like Microsoft, Facebook, and Apple.
Decentralized Exchange SushiSwap Nominates Jonathan Howard as 'Head Chef'
Decentralized exchange SushiSwap has nominated Jonathan Howard as Head Chef - an official title given to the project's chief executive officer.
Chainlink Price Gains Bullish Momentum as LINK Whales Accumulate
LINK is currently trading at $11.20, following the price action of Bitcoin and other large-cap cryptocurrencies in the market.
Bitcoin Shark, Whale Addresses Have Been Surging Since Mid-June
As Bitcoin continues hovering around the $23,000 level, shark and whale addresses have been experiencing a leg up since mid-June.
Bitcoin is the Answer to True and Free Capitalism, Following Wall Street Bets Short Squeeze
With the recent Gamestop stock soaring due to the Wall Street Bets group, this brought up a lot of discussion regarding Bitcoin and DeFi in the community,
Morgan Stanley Chose This Year’s Best Safe Haven Asset—It’s Not Bitcoin
The Morgan Stanley analysts said that although the Japanese yen and the Swiss franc remain safe havens, their dynamics are shifting.
More Consolidation to be Expected from Bitcoin as the Dollar Rallies and US Stock Market Is Down
Crypto analyst Joseph Young thinks that Bitcoin is treading with caution due to the strengthening of the dollar, and he suggests this could prompt a short-term price consolidation.
SEC Adopts Expedited Public Listing Review Process—Blockchain ETFs Could Qualify
The United States Securities and Exchange Commission has voted to adopt rule amendments to expedite the review procedure for companies applying for public listing, which could potentially create an expedited and cheaper application process for crypto and blockchain ETFs.
Binance Survey: Institutional Investors Bullish on Crypto's Long-Term Prospects
Binance Research, in collaboration with Binance VIP & Institutional, has recently unveiled the results of their Institutional Crypto Outlook Survey. The study reveals a strong positive sentiment towards cryptocurrencies among institutional investors, with 63.5% expressing optimism for the next year and a striking 88% displaying a positive outlook for the next decade.
Only a Small Fraction of Institutional and Corporate Money Entered into Bitcoin Market
The amount invested by institutions and corporates in the Bitcoin market is a small percent of their total cash reserve
Bitrue Will Support Symbol (XYM) Airdrop for NEM Holders and Launch Pre-Trading
Bitrue, the cryptocurrency exchange that regularly clears over $1 billion in daily volume, has announced that it will be supporting the upcoming Symbol (XYM) token airdrop. To create a market for the new token at the earliest opportunity, Bitrue will be offering trading through an IOU system.
DOJ's Crypto Regulation Report Overview: Bitcoin, Tether, Ether, Litecoin, and Ripple
US authorities are tightening regulations on cryptocurrencies. Here is an overview of what their recently released report suggests.
Bitcoin Needs to Reclaim $36K to Invalidate the Bearish Thesis, BTC's Correlation with S&P 500 Hits ATH
Market analyst Ali Martinez believes a bearish picture is being painted in the BTC market because it has broken the historical trendline, but it can be invalidated if $36K is reclaimed.
Central Bank of Nigeria Bans Cryptocurrency Transactions, Says Crypto Breeds Illegal Activities
The Central Bank of Nigeria (CBN) has once again doubled down on its efforts to ban cryptocurrency transactions stating they are a breeding ground for illegal activities.
Canada's Federal Government Begins Consultations on Digital Currency
The federal government of Canada announced in a budget address that it has started discussions on cryptocurrencies, stablecoins and central bank digital currencies.
Bitcoin Venture Capital Firm Ribbit Capital Files $350 Million Blank Check IPO with SEC
Ribbit Capital, an early Bitcoin VC firm, has filed for a $350 million initial public offering with the SEC leveraging its “blank check” structure.
Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why
According to Bloomberg's report on Thursday, billionaire hedge fund manager Paul Tudor Jones is buying Bitcoin to hedge against inflation as central banks across the world print money to relieve economies affected by coronavirus pandemic. Tudor is one of Wall Street’s most seasoned and successful hedge fund managers. He is the CEO and founder of Tudor Investment Corp, which is a hedge fund company that managed $8.4 billion as of March 30, based on data from the SEC (Securities and Exchange Commission).
Coinbase Reportedly Planning to Go Public This Year—Paving the Way for the Next Phase of Crypto Adoption
According to sources, Coinbase has started planning for a stock market listing this year, which would make it the first major US cryptocurrency exchange to go public.
Crypto Weekly Outflows Touches $17m, Ending Six Consecutive Weeks Inflow: CoinShares
Outflows from crypto investment products reached $17 million in the week as of Aug. 12, according to digital asset management firm Coinshares, ending a six-week run of inflows for the cryptocurrency industry.
Canada’s Central Bank Considers Launching a Digital Currency to Combat the “Direct Threat” of Cryptos
Canada’s Central Bank, the Bank of Canada, is considering launching a digital currency that would enable the collection of how Canadians spend their money.
First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance
The blockchain national currency platform issued by blockchain company Apollo Fintech was finalized and completed on August 12.
Bitstamp to Charge Inactive Fee to Make Up for Costs
Inactive users of the cryptocurrency exchange Bitstamp platform will have to pay a fee to make up for costs, according to a report from The Block.
Bitcoin's Market Confidence Slips as Retail Sentiment Breaks 30-Day Low
Bitcoin’s retail sentiment breaking a 30-Day low indicates a drop in market confidence.
Moody’s: Blockchain Technology to be Standardized in 2021
A research report published on September 5th by financial services company Moody’s stated that blockchain technology would most likely be standardized in 2021.
Tether Denies Receiving Any Loans From Celsius
Tether's chief technical officer Paolo Ardoino denied borrowing from Celsius in response to Celsius' examiner report.
Coinbase CEO Defends Decision to License Analytics Platform to US Secret Service
CEO of Coinbase Brian Armstrong sold his blockchain analytics software to US Secret Service, and addressed any worries investors might have concerning privacy issues.
Will Distributed Ledger Technology Revolutionize Education?
Since the establishment of blockchain and its deliverance of many opportunities for with disruptive potentials, the question at the back of many minds have been numerous, this article is focused on answering some of those pressing questions.
President Biden’s Tax Plans Spark Fear, Triggering a Bitcoin and Ethereum Price Drop
The speculation that U.S. President Joe Biden’s administration will increase capital gains taxes sent shock waves in the crypto space as Bitcoin (BTC) and Ethereum (ETH) dropped amid fears that this initiative could limit investment in digital assets.
Celsius Files for Permission to Sell Its Stablecoin Holdings
Celsius is seeking to generate liquidity through sales from its $23 million in stablecoin holdings.
Instagram to Welcome NFTs Feature, Meta CEO Mark Zuckerberg Confirms
Meta CEO Mark Zuckerberg said Meta will add NFTs to its video and photo social app Instagram in the coming months.
Canada's Emergencies Act to Target Crypto Transactions, amid Anti-Vaccination Protest
The Emergencies Act gives local authorities more tools to control protestors by freezing bank accounts and keeping an eye on “large and suspicious transactions,” including crypto.
A Look into Bitcoin and Ethereum's Record-Breaking Bull Runs of January
On-chain data provider Santiment has delved deeper into the impressive bull runs that Bitcoin and Ethereum have both enjoyed in January.
Altcoins React Negatively to XRP News While BTC Holds Still—Are We Close to an Altseason Yet?
Some analysts believe that while Bitcoin was not moved by the XRP news, most of the major altcoins may have been affected.
AT ART BASEL, MARINA ABRAMOVIC ANNOUNCES FIRST-EVER NFTS THE HERO 25FPS ON TEZOS
At Art Basel, world renowned performance artist Marina Abramović announced in a panel discussion that she will launch her first ever NFTs titled The Hero 25FPS on the energy-efficient Tezos blockchain July 25th, 2022. This one-of-a-kind performance on the blockchain, presented in collaboration with the Cultural Institute of Radical Contemporary Art (CIRCA), depicts the figure of a steadfast woman astride a white horse holding a white flag that is waving gracefully in the wind, over the expansive landscape of trees and sky in Spain. The Hero 25FPS (frames per second) offers an opportunity to collect time and holds a symbolic charge as it is set against today's backdrop of global instability, escalating conflict and climate breakdown.
Bitcoin Ordinals Creator Casey Rodarmor Expands Ecosystem with "Runes"
Casey Rodarmor, known for his innovative Bitcoin Ordinals, has introduced a new fungible token protocol for Bitcoin called "Runes." The protocol aims to simplify user experience and could bring significant advantages to Bitcoin, despite the controversial reputation of fungible tokens.
Ernst and Young Unveil Blockchain Solution for Public Funds Management
This move by Ernest and Young is an accurate depiction of the boundless opportunities and possibilities inherent in Blockchain technology.
Crypto Wallets Holding more than 1,000 Bitcoins Hit an All-Time High
New data by Glassnode reveals that the number of BTC addresses holding at least 1,000 coins has broken the record at 2,305.
Canaan Deploys 10,300 Mining Machines in Kazakhstan, Expanding its Mining Operations
Canaan announced that it has signed strategic cooperation agreements with a number of crypto mining companies and plans to launch joint mining operations in Kazakhstan.
Chance Encounters in New Mediums: The Generative Art Renaissance at Art Basel in Basel 2022, Presented by Tezos
“Chance Encounters in New Mediums: Generative Art, Presented by Tezos,” will be on view from June 16-19, 2022 at Art Basel in Basel and will explore a living artistic process, where the element of chance is celebrated and etched onto the blockchain. The exhibition will be headlined by visionary early generative art pioneer and sci-fi writer Herbert W. Franke. The interactive experience lets visitors co-create a new generative artwork that is automatically minted as an NFT and gifted to attendees in real-time. The installation will feature generative algorithms from Aleksandra Jovanić, Eko33, Ryan Bell, and Sam Tsao. The Tezos NFT Speaker Series will be held in the Art Basel Auditorium in Hall 1 with the aim of raising awareness of the powerful role of NFTs in the art world, and beyond. Tezos, an energy-efficient blockchain, has gained global acclaim as a platform of choice for artists looking to mint NFTs sustainably and responsibly.
Crypto Analyst Suggests Bitcoin Price Has “Bottomed,” Bullish in the Next Few Weeks
Despite a massive technology stock sell-off recently, the US stock futures market was trading in positive territory on Sept 9, adding pressure to financial markets.
The Sandbox Co-Organizing Metaverse Summit 2022 Showcasing Ecosystem Impact
The metaverse has gained momentum recently, and it is predicted to continue to expand in the years to come. Metaverse Summit, with its co-organizer The Sandbox, supports the development of various industry stakeholders and assists brands, start-ups, and corporations in determining their position and metaverse strategy.
Bitcoin Can Be Used by Corporate Investors to Manage the “Impact of Monetary Inflation"- MicroStrategy
MicroStrategy CEO Michael Saylor explains that firms are acquiring Bitcoin as a strategy to hedge against the impacts of monetary inflation.
IBC Group Chairman: Cryptocurrency Replacing Bullion Market Just a "Matter of Time"
IBC Group Chairman, Khurram Shroff, believes that cryptocurrency will one day replace the bullion market which is continuously being thrashed by inflationary headwinds.
Melanion Capital to Launch First EU-regulated Bitcoin-tracking ETF
The Paris-based fund manager Melanion Capital got the approval from the French regulators to lunch an exchange-traded fund (ETF) for tracking up to 90% correlation with Bitcoin’s price and its performance.
474,968 Bitcoin Trades Worth $4.4 Billion Were Liquidated In the Last 24 Hours Making Price Plunge Inevitable
New data by Bybt reveals the liquidation of $4.4 billion worth of Bitcoin futures, which triggered the cryptocurrency's pullback.
The Ratio of Bitcoin’s Supply on Exchanges Hit a 6-Month Low
Statistics by on-chain metrics provider Santiment show that Bitcoin’s ratio of supply on crypto exchanges hit a six-month low.
Currency.com Joins UK's Crypto Trade Association CryptoUK as an Executive Member
Currency.com has officially announced that it will join CryptoUK, the trade association of the UK's encrypted digital industry, as an executive member. It commits to share best practices and recommend how the sector responds to industry developments.
US Bank Debuts Crypto Custody Services for Fund Managers
America’s fifth-largest retail financial institution, US Bancorp, also known as US Bank, is set to provide cryptocurrency custody services.
Western Union Counts its Losses in Advance as El Salvador Bitcoin Era Begins
Western Union may lose business because of the rise of Bitcoin, as remittance costs are bound to be significantly lower through Bitcoin henceforth.
Stellar Lumens (XLM) Price Surges over 150%—What's Behind the Massive Rally?
Stellar has recently gone through an update of its network protocol which was implemented by validators.
Is Blockchain-Based Virtual Reality the Future?
For years, advocates of virtual reality have struggled to overcome several major barriers to mass adoption — centralised corporations controlled user accounts, hackers eliminated digital assets, and developers lacked incentives to create quality VR content. Now, blockchain is changing the game.
Positive Gold Forecast Could Ignite Bitcoin Bull Run, US Stock Futures Rally on Stimulus Hopes
Gold has been trading sideways in the past few weeks, but according to this CEO, the price action is forming a bottom. Holmes predicts that gold will reach $4K.
FTX Debtors' Filing Sets Controversial Valuations for Cryptocurrency Claims Post-Collapse
TX debtors propose a valuation for user claims based on digital asset prices at the time of the exchange's collapse, sparking objections from users due to the significant rise in cryptocurrency prices since then.
Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading
Ten lawyers from five law firms filed a move to dismiss an SEC insider trading lawsuit against two brothers, calling the regulator "wrong" and lacking government authorisation.
Bullish Weekly Opening Turned Sour as Bitcoin Recorded Price Reversals
Bitcoin's price performance summary for the week.
IMF Chief Warns of Terra Crash, Calls it as Pyramid Scheme
In response to the recent crash of the LUNA collapse, the International Monetary Fund (IMF) Managing Director Kristalina Georgieva questioned the risk of stablecoins, calling it a ‘Pyramid’ scheme.
Singapore Payment Services Act Now in Effect For Crypto Firms
The Monetary Authority of Singapore now requires cryptocurrency providers and exchanges to be licensed under some of the same regulatory elements as traditional financial service providers.
Germany’s Federal Financial Regulator Warns Investors Over Bulgarian Crypto Broker
Bulgarian crypto broker, 5 Capital, has been offering financial services to investors without being approved by the Germany financial watchdog, federal financial supervisory authority (BaFin).
The Fate of Cryptocurrencies in a Fast-Changing Financial Ecosystem
Cryptocurrency being a digital currency, created and managed through the use of advanced encryption techniques known as cryptography has been gradually modifying the world of finance as well as other sectors such as e-commerce and since its creation in 2009.
Ankr Becomes One of the First RPC Providers to the Aptos Blockchain
Ankr, one of the world’s leading Web3 infrastructure providers, today announces that it has become one of the first RPC (Remote Procedure Call) providers to Aptos, a safe and scalable Layer-1 blockchain. Developers can now access Aptos Testnet Community and Premium RPCs, make request calls, and receive information returns that mirror the results they would get by running an Aptos full node by themselves.
Riot Blockchain Sees Growth in Q1 2020 Despite COVID-19 Disruption
Riot Blockchain Inc., one of the few listed public cryptocurrency mining companies in the United States on Nasdaq, reported financial results for Q1 of 2020, which ended on March 31. The company has seen a small growth in its earnings per share during this quarter. Riot Blockchain previously changed its name from Bioptix in 2017 after shifting its focus from biotechnology to Bitcoin mining. The company’s share price skyrocketed to a $38 high in late 2017, which then fell to $110 after Riot was accused of misleading investors by capitalizing on public interest in blockchain to drive up its share price. These claims have been dismissed on the basis that it was not proven that the company’s name was changed to drive up the share price.
Bitcoin Poised for a Breakout, BTC Price Shows First Buy Signal Since COVID Crypto Market Crash
Bitcoin’s price has been trading around the $10,000 level for weeks—this could all change as Bloomberg's indicators suggest.
FCA Warns Companies on Crypto Mergers
The crypto market in the UK received a warning from the financial watchdog following an acquisition announcement by Bitpanda.
Europe Takes the Major Share in terms of Global Crypto Distribution
As crypto adoption continues to gain steam, Europe is at the helm when it comes to crypto distribution worldwide.
BNB hacker liquidates from market meltdown, loses $53M
A sharp market dip caused many traders to sell and BNB Smart Chain exploiters to steal approximately $600 million in BNB tokens. The assault halted BNB Smart Chain's cross-chain bridge, liquidating Venus Protocol collateral valued over $53 million. The crypto market fell 6%, wiping roughly $1 billion in holdings in 24 hours. BNB's price went below $220, liquidating three wallet holdings immediately.
Bentley University Rolls Out Crypto Payment Option for Tuition Fees
To offer students and their families new methods to pay tuition, US-based Bentley University has started accepting crypto payments.
Bitcoin Is at an “Inflection Point,” says Soros Fund Management CIO
As Bitcoin’s price consolidation continues, Soros Fund Management CIO Dawn Fitzpatrick believes that the leading cryptocurrency is at an inflection point.
Michael Saylor: Selling MicroStrategy Shares to Boost Bitcoin Holdings
MicroStrategy's Michael Saylor is selling $216M in company shares to invest in Bitcoin, reflecting his confidence in the cryptocurrency's future and the company's ongoing commitment to it.
Wall Street Veteran Goes All-In on Bitcoin and Ditches Gold Just as BTC Reaches its All-Time High
Two prominent figures in the industry have recently revealed their investment in Bitcoin and their reiterated sentiment towards the digital asset.
Coinbase CEO Brian Armstrong hints at Lightning integration
Coinbase CEO Brian Armstrong has hinted that the cryptocurrency exchange may integrate Lightning, a layer 2 scaling solution for Bitcoin. Armstrong did not provide any further details on the potential integration, which would make Coinbase one of the largest trading platforms to adopt the technology.
Portal, Backed by Coinbase and Other Prominent Investors, Announces Republic Equity Offering
Portal, a cross-chain Layer-2 DEX network being built on Bitcoin, is delighted to announce its Reg D equity offering through Republic, a multi-asset investment platform that allows anyone to invest in vetted, private startups. The public sale began on Monday, July 18th.
Philippine Firm Paytaca Raises PHP7.5 Million to Expand Bitcoin Cash Adoption
Paytaca said that it raised PHP7.5 million pesos in a private crowdfunding round that gives the company a new valuation.
Esports, Web3 Firm Ampverse Expands into the Philippines
With the expansion, Ampverse plans to invest more than 100 million pesos in the Philippines' local gaming and esports ecosystem.
KuCoin Becomes the First Centralized Exchange to Start Offering NFT ETFs
KuCoin said the launch of its ‘NFT ETF Trading Zone’ aims to improve the liquidity of NFT assets and lower the investment threshold of major NFTs to its over 20 million users.
Coinbase Uses Multi-Party Computation to Enhance Crypto Wallet Security and User Experience
Coinbase is making strides towards simplifying the onboarding process for web3, bolstering both security and recovery for crypto wallets. The company is deploying a cryptographic technique called Multi-Party Computation (MPC) to eliminate key management hurdles that have long been a barrier to mainstream web3 adoption.
Valkyrie to Liquidate Bitcoin Balance Sheet ETF following Low Customer Demand
The Valkyrie Balance Sheet Opportunities Fund is expected to liquidate on October 31, 2022.
The United Kingdom Tax Reform Council Launches Campaign Against Bank of England
UK Tax Reform Council and Bitcoin community worry over Bank of England's CBDC intentions.
Dealing with Upcoming EU Regulations: a Glimpse Into the Future
How to save your business and grow despite the legal challenges
Coinbase Poaches Facebook’s Former Head of Product to be New CMO
Coinbase has hired Facebook’s former head of brand and product marketing, Kate Rouch, as its new chief marketing officer.
Myanmar's Shadow Political Entity Adopts USDT as its Primary Currency
Myanmar’s shadow political entity, the National Unity Government (NUG), has reportedly adopted the Tether (USDT) stablecoin as its primary currency to bypass the sanction from the military regime.
Union Bank of The Philippines Launches Crypto Trading Services
The Union Bank of the Phillippines has launched crypto trading services for its customers in partnership with Metaco
SEC Faces Criticism from Elizabeth Warren over Bitcoin ETF Approvals
U.S. Senator Elizabeth Warren has expressed strong disapproval of the SEC's recent decision to approve 11 spot bitcoin ETFs, emphasizing the necessity of stringent anti-money laundering regulations in the cryptocurrency sector.
Binance Launches Oracle Services on BNB Chain
Crypto exchange Binance has launched an oracle service called Binance Oracle to power the BNB chain ecosystem, making it the first-ever blockchain to use Binance Oracle.
Binance Unveils Bitcoin Quarterly Futures
World's number one crypto exchange Binance unveils BTC Quarterly Futures for Customers with competitive offerings
Ruble-Crypto Trading Soars amid Western Sanctions on Russia
Trading volumes between the Russian Ruble and the Tether cryptocurrency surged on Monday as Western powers slapped sanctions on Russia over the Ukraine-Russia war.
Brazil and Argentina explore a common currency
Coinbase CEO Brian Armstrong promotes Bitcoin for Brazil and Argentina. A alternative currency to the Argentine peso and Brazilian real is being prepared by the two South American nations. BTC might become the second-largest currency bloc after the US dollar.
Binance faces investor backlash and Bitcoin withdrawals following CFTC lawsuit
Binance CEO, Changpeng Zhao, denies market manipulation allegations made by the CFTC. However, investors withdrew over 3,400 BTC from Binance within 24 hours of the lawsuit announcement, leading to a decrease in Binance's total Bitcoin balance while competing exchanges saw an increase.
Ethereum Price Fails to Hold $400—Will ETH Suffer from a Correction Ahead?
While Bitcoin has managed to pull ahead in the cryptocurrency market, Ethereum’s price has still been lagging behind. What's next for ETH?
Argentinian Private Bank Banco Galicia Opens Cryptos Trading Service
Banco Galicia (NASDAQ: GGAL), Argentina's largest private bank by market share, has announced that it will allow its users to buy cryptocurrencies such as bitcoin on its mobile app.
Bitcoin Could ‘Double in Price’ Under CFTC Regulation, Says Chairman Behnam
CFTC-led regulation has the potential to bring confidence and stability to the crypto market, according to Chairman Behnam.
Bitcoin Dominates Digital Asset Fund Flows with $140M Inflows in a Week
In the past four weeks, digital asset investment products have seen a significant surge in inflows, totaling $742 million, according to the latest weekly report from CoinShares. This marks the largest run of inflows since the final quarter of 2021.
Federal Reserve “Flexible” Inflation Monetary Policy Could Boost Bitcoin Price as Investors Stock Up on BTC Safe Haven
Federal Reserve Chair Jerome Powell has announced new measures to control inflation, in a speech that could have long-term implications for the Bitcoin price and cryptocurrency.
Bitcoin Needs Upward Catalyst to Exit the Current Range as Scepticism Mounts, Says Expert
The retracement to the $29K zone has jeopardized the much-anticipated Bitcoin (BTC) recovery as skepticism engulfs the market.
OCC Head Brian Brooks Testifies Before Senate On Cryptocurrency and Stablecoins
The OCC Boss, Brian Brooks has testified before the US Senate Banking Committee about the growing use of cryptocurrencies and stablecoins in the country
Bitcoin Remains Bullish Based on the Formation of an Ascending Channel
The formation of a parallel channel on the daily chart suggests BTC can still drop to $57,000-$54,000 to then rebound towards $75,000, according to analyst Ali Martinez.
Bitcoin Smashes New High of Over $60K as Valuation Now Exceeds JPMorgan, BoA, and ICBC Combined
Over the weekend, Bitcoin crossed a crucial milestone, hitting a record-high of over $61,000 before falling back slightly.
US Senator Questions Bitcoin Mining Firm on Environmental Impact
US Senator Elizabeth Warren questioned bitcoin mining firm Greenidge Generation Holdings about the impact of its operations on power prices, climate change and the local area as part of her efforts to tackle the negative consequences of cryptocurrency mining on the environment.
BTC Mining Report Draws Criticism
The New York Times’ recent report on Bitcoin mining has been criticized by some BTC proponents for cherry-picking data and overstating the fossil fuel use of BTC miners. They also point out the increasing use of sustainable energy in the sector. Despite the debate on energy consumption, Bitcoin mining remains significant for blockchain security and decentralization.
American Investors are in Bitcoin Buying Frenzy as BTC Price Rises, Crypto Flows in From Asia
As the Bitcoin bulls continue to run and push the BTC price to new levels, a massive amount of crypto has been shifting from East Asia to North America—a trend which could represent a huge shift in the crypto market according to Reuters.
'B is for Bitcoin' Children's Book by Graeme Moore
There has been a recent release of a new book which targets teaching kids about Bitcoin, in this book titled "B is for Bitcoin" the basics of the alphabets as well cryptocurrency which would have most likely gained sufficient relevance by the time they become grown-ups are shown.
Fintech not Big Tech: Square is a Greater Threat to Banks than Google and Amazon
A recent survey of 300 senior executives at US-based mid-sized financial institutions found that more than half of bank and credit union executives view Big Tech companies like Amazon and Google as significant threats to the banking industry. Meanwhile only a third believe financial technology (fintech) firms will be a threat in the future, but are they sleeping on Square, Jack Dorsey’s financial technology venture whose stock price recently recorded a 20 month high.
Bybit Becomes the Latest Exchange to Retrench its Staff
Bybit has joined the latest round of layoff action in a bid to reposition its businesses amid the ongoing crypto market slump. The spokesperson of the exchange said affected colleagues will be accorded a severance package.
Cathie Wood’s Ark Investment Gets into Canadian Bitcoin ETFs As US SEC Delays Applications
Cathie Wood’s Ark Investment company has announced that it has invested into Canadian bitcoin ETFs. The firm’s move is likely influenced by delays and rejections of Bitcoin ETFs by the US SEC.
Is Bitcoin Digital Gold? SkyBridge Says Yes, JPMorgan Says No as Market Dynamics Have Changed
Institutional investment in Bitcoin has many convinced that it has already succeeded in its transition into digital gold—but the debate continues to rage at the highest levels.
Crypto Whales Moving BTC to Exchanges Sees Bitcoin Price Bounce at $17,250
The Bitcoin price corrected fell and bounced at $17,250 as crypto whales moved their BTC to exchanges, presumably to cash in as BTC approached a new all-time high of $20,000.
Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash
Is Bitcoin still a safe haven? The Crypto Community takes the debate to Twitter after the biggest stock market crash since 2009.
Hedge Funds Were Net Short Bitcoin Futures Coming Into the Crash
According to the Block, hedge funds were inordinately short CME bitcoin futures compared to their peers the past week. So much so that net short positions among the hedge funds trading the product were at an all-time high the past two weeks.
Swedish Central Bank Completes Second Phase Testing of E-Krona
The Riksbank, Sweden's central bank, said it completed the second phase of the e-krona test, known as the e-krona, ready to be integrated into the banking network and facilitate transactions.
Greenidge Reduces Debt with NYDIG
Greenidge lowered its NYDIG debt by 76% by relinquishing partial ownership of Bitcoin mining gear and credits.
Blockchain Association Rejects Court's Securities Ruling on Private Blockchains
A U.S. lawyer called it "absurd" for a court to declare digital assets on centralized databases securities.
Bitcoin Sets New Support as Ethereum Looks to Reclaim $4,000 Price Target
Both Bitcoin and Ethereum are on the uptrend today as the potentials for new price growth builds up.
CBN Approves Africa Stablecoin Consortium's cNGN for Regulatory Sandbox Pilot
CBN approves ASC's cNGN stablecoin, a regulated digital currency pegged to the Naira, launching on Feb 27, 2024.
Crypto Exchange Kraken to Launch in UAE
U.S.-based cryptocurrency exchange Kraken expands to the UAE, and open an office in Abu Dhabi.
South Korea Arrests 3 Suspects in $3.4 Billion worth Crypto-related Probe
South Korean prosecutors on Thursday arrested three people in a probe of $3.4 billion worth of foreign-exchange transactions for possible connections to illegal crypto-related crimes.
Bitcoin Price Sets 12-Day High as US Stock Futures Sees Bounce-Back Session
Bitcoin has currently surged above the $10,700 level, reaching its highest price level in 12 days.
Why Bitcoin Needs to Break $60K Soon
After nearly touching highs of $65,000, Bitcoin has retreated significantly to trade around $53,000.
Exclusive | FUSANG CEO: CCB’s $3 Billion in Blockchain-Based Debt Bonds is Rise of Crypto 2.0
According to FUSANG CEO Henry Chong, the CCB's historic blockchain-based bond listing, the first tranche of $3 billion in debt, marks a transition into what he calls “Crypto 2.0”
Bitcoin Mining Difficulty Spikes 13.55%, Reaches New ATH of 35.6 Trillion Hashes
Mining difficulty has reached a new all-time record, indicating that more miners are participating in the network.
Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k
In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.
NanoLabs sues Coinbase over Nano trademark infringement
NanoLabs, the company behind digital currency Nano, has filed a legal complaint against Coinbase in the California Northern District Court for alleged trademark infringement. The complaint states that Coinbase's Nano Bitcoin futures contract and Nano Ether futures contract products infringe on NanoLabs' trademark rights, causing economic damage and harm to its brand identity. NanoLabs is seeking at least $5 million in damages, an injunction against Coinbase, and forfeiture of all profits made using Nano trademarks.
Digital Currency Growth Brings "Opportunities and Challenges": IMF
A recent report by the IMF says the current evolution in the crypto ecosystem presents both opportunities and challenges for the broader financial ecosystem
Why The U.S. SEC Should Approve Its First Bitcoin ETF
The US SEC should approve its first Bitcoin ETF products, a move that can enable more mainstream investors to get exposure to the digital asset.
MakerDAO May Onboard USDC as DAI Collateral Support to Combat Mounting Liquidity Risk
The share plunge of the cryptocurrency market has severely hit MakerDAO, the leader in the decentralized finance (DeFi) ecosystem. Last week its market value fell sharply from 889M to $246M which brought together Maker’s developer community who have recently discussed adding support for Circle’s USDC as collateral to hedge against the liquidity risk.
Radix To Become The Wix Of DeFi
The website building platform Wix has taken the internet by storm, helping millions of people without software skills to build slick and stylish websites that are bursting with functionality seamlessly.
Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption
At least 100 car dealers in the UK have inked a partnership with London-based AutoCoinCars, the nation’s market leader in trading cars with cryptocurrencies. Through the strategic collaboration, clients will be able to purchase cars using cryptos in some of the biggest car dealers in the UK, such as Benz Bavarian, Saxton4x4, and Redline Specialist Cars.
Gamers in Africa Can Earn Bitcoin While Playing Classic Titles
Zebedee has partnered with Bitnob to allow African gamers to earn Bitcoin while playing classic games such as Counter-Strike. The Bitcoin Lightning Network will allow game developers to replace in-game points with Bitcoin, which can then be converted to local currencies.
Mike Novogratz's Galaxy Digital Files with SEC to Launch Bitcoin Futures ETF
Galaxy Digital announced plans to list a bitcoin futures ETF by seeking regulatory approval from the US SEC.
18,000 Bitcoin Whales Circle the Crypto Market, Each Holding At Least $1 Million in Bitcoin
Glassnode’s recent report shows that the number of Bitcoin addresses holding at least $1 million worth of Bitcoin has increased by 38%. Currently, there are 18,000 Bitcoin whales.
Bitcoin Ordinals: Controversial but Here to Stay
Bitcoin Ordinals, the ability to permanently store data on the Bitcoin blockchain, are a controversial topic within the cryptocurrency community. However, builders and CEOs of Bitcoin-focused companies see potential for the technology, despite concerns over blockchain congestion and offensive content. Ordinals offer a new use case for the Bitcoin network beyond peer-to-peer cash, allowing for permanent and censorship-resistant storage of culturally significant events and data.
Apple Co-Founder Steve Wozniak Sues Google and YouTube Over Fraudulent Bitcoin Scam Videos
Legal team for Steve Wozniak, co-founder of tech powerhouse Apple, announced a lawsuit against YouTube and their parent company Google alleging that the media companies failed to take down fraudulent videos that impersonated Wozniak to drive Bitcoin funds.
Digital-Asset Investment Funds Enjoys Net Inflow of up to $63M since Five Weeks
Market analysis report shows that digital asset investment products enjoy a net flow of up to $63 million in five consecutive weeks, breaking a four week run of outflow.
Australian Female Hacker Sentenced to 2 Years of Prison for $400K Ripple (XRP) Crypto Heist
Australia recorded one of its first cases of cryptocurrency theft recently.
The Ontario Securities Commission Flags Crypto Exchanges CEO's Tweet to Law Enforcement
The Ontario Securities Commission has flagged Twitter posts to the law enforcement by the CEOs of cryptocurrency exchanges Kraken and Coinbase Global Inc., according to the Logic report.
5G, FoodTech, Biotech? Unveiling Top Surprising Portfolios by eToro
Following Part 1 of our conversation, Lee shares with us some interesting thematic portfolios in eToro’s “Copy Portfolio” feature. He also revealed the significance of the acquisition of Delta and Firmo in the development of eTorox and tokenized market.
Coinbase Study Reveals Global Law Enforcement Inquiries Skyrocket
Law enforcement has increased information demands to Coinbase. Crypto exchange queries are up 66%. US and three European nations submitted 80% of requests. Spain was one of six nations with more than doubled inquiries.
What is DeFi: The Ultimate Guide to Decentralized Finance Technology
The concept of decentralized finance (DeFi) has become so potent that it is difficult to separate the prospect of blockchain and crypto from the success or failure of DeFi as the ideal alternative to traditional financial systems. Owing to the importance of innovations classified as DeFi to the crypto economy, here are four fundamentals of DeFi.
Bitcoin Poised to Set a New All-Time High, says Market Analyst
Market analyst Michael van de Poppe believes that "Bitcoin looks eager for a new all-time high" as it continues regaining momentum.
Vleppo and Tokel make NFT rights legally enforceable in the real world leveraging Komodo technology
A long-standing problem confronting the blockchain world and NFT owners is the distinct lack of contractual clarity and legal rights in the enforcement of digital asset transactions. Today, Vleppo and Tokel have successfully conducted a breakthrough digital procedure that will pave the way for the blockchain industry and NFT owners to establish and enable their legal rights embodied in the NFTs and digital transactions to be made legally enforceable in the courts of law around the world.
Chicago-Based Exchange Cboe to Work on Crypto Offerings as Demand Continues to Rise
Cboe Global Markets Inc., a Chicago-based exchange that provides trading and investment solutions, is ready to get back to the crypto space after previous failed attempts.
Open Interest for Ethereum Futures Soars to All-Time High of $2.21 Billion
Bybt, an aggregated derivative exchange, has provided a more in-depth analysis about open interest on Ethereum Futures hitting a record-high of $2.21 billion.
Bitpay Announces the First Large Online International Furniture Brand to Go Live
Beliani, a European online home accessory and furniture seller, has inked a partnership with BitPay, a US-based bitcoin payment service provider, to allow buyers make purchases using cryptocurrencies, such as Bitcoin, Ripple, Ether, and Bitcoin Cash, as well as dollar-pegged stablecoins like USD Coin (USDC). This approach will enable shoppers to save 2-3% on every crypto transaction made compared to other payment methods.
Ireland's CAB Seizes Bitcoin Worth €52 Million from Drug Dealer
Ireland’s Criminal Assets Bureau (CAB) has been given the go-ahead by the high court to seize Bitcoin valued at €52 million, approximately $56 million USD, from a forty-nine-year-old drug dealer.
CleanSpark Orders Purchases of New Bitcoin Mining Rigs to Survive Bear Market
Despite the current crypto bear market, CleanSpark is trying to become one of the experienced miners to capture the bulk of the market share.
Russia Might Resort to Bitcoin Mining as Sanctions Continue to Bite
Based on the ripple effect of sanctions slapped on Russia because of its ongoing invasion of Ukraine, Russia continues to be starving for foreign currency. It might make Bitcoin mining an alternative to bypass sanctions.
Fireblocks Raises $500M, Taking Valuation to $8B
Digital asset infrastructure provider Fireblocks said that it raised $500 million from investors which lifted the company's value at $8 billion.
Top Three Advantages of the Forex Trading Profession
There are also many other foreign exchange markets where you can start trading but the Forex market has many advantages. If you know and understand the Forex market then you won’t be able to quit trading in the market. Most people choose the Forex market as it gives higher chances to make a profit than in the other foreign exchange markets. In this article, you will be able to discover the advantages of Forex trading so make sure you read the full article.
“What is Cryptocurrency” is the Most Googled Question in the Digital Asset Space, Study Shows
As already evident, cryptocurrency is transforming personal finance and piquing people's interest globally, a study by Crypto Wallet showed that questions about crypto were heavily searched on Google.
Crypto Exchange Okcoin Launches a Free Trading NFT Marketplace
To tap into the NFT craze, crypto exchange Okcoin has established a marketplace featuring no transaction fees.
TrueUSD Depegging Linked to Binance Launchpool Activities
TrueUSD (TUSD) depegged below its $1 parity, dropping to $0.97, amid significant selling on Binance and issues with real-time reserve attestations. The depegging was linked to activities on Binance Launchpool and raises questions about stablecoin stability and transparency.
Bitcoin Exchange Balances At Two Year Low
A decrease in bitcoin balances on exchanges signals that many investors could be holding for the long-term.
Santander Imposes Limit on Crypto Transactions for UK Customers
Santander to impose a £1,000 transaction limit on its crypto customers in the UK
Zambia SEC Warns Crypto Enthusiasts About Making Investments in Onyxcoin Cryptocurrency
The Securities and Exchange Commission in Zambia has issued a statement warning the general public that the creator of OnyxCoin Kwakoo is in no way a licensed investment advisor and should not solicit funds from within or outside the country. The CEO of the commission was reported to have made this statement.
Bitcoin Should Reclaim the $40K to $42K Zone, Which Has Served as Support and Resistance for a Year
Bitcoin’s intention to breach the high resistance area between $38,000 and $40,000 continues.
PNC Bank Plans to Cooperate with Coinbase to Launch Crypto Products
According to Coinbase's letter to shareholders on Tuesday, PNC Bank, the fifth-largest bank in the United States, is planning to cooperate with Coinbase to launch cryptographic service products.
Grayscale Investments Removes XRP from Its Fund and Rebalances Bitcoin, Ethereum, Litecoin, and BCH Assets
Grayscale Investments has joined other exchanges and funds in removing its support of Ripple’s XRP token.
Bitcoin Scarcity Scales the High as Illiquid Supply Hits 85% in the Last Three Months
92% of Bitcoin supply hasn't moved in at least 30 days and 85% of this has been immobile for at least 3 months.
Upland and FIFA Officially Launch the FIFA World Cup Qatar 2022™ Experience in The Upland Metaverse
Upland and FIFA have today announced a multi-year partnership that allows the Upland community and football fans worldwide to collect, trade, and own FIFA digital assets and game video highlights, pursuing a joint mission to help fans get a better understanding of how the metaverse and web3 work.
Minecraft Won't Allow Integration with NFT, Says Developer Mojang Studios
Mojang Studios, the sandbox video game Minecraft developer, has stated that it will not support NFT integration with Minecraft.
Ukraine Opens Channel for Dogecoin Donations Towards Relief Efforts
As the Russia-Ukraine war rages on, Ukraine has increased the number of digital currencies. It now accepts Dogecoins from donors.
Multicoin Capital invests in Wormhole to enhance crypto interoperability
Multicoin Capital leads $225 million funding round for Wormhole, a leading multichain solution with over $41 billion assets and 30 chains, focusing on user experience and zero-knowledge verification technology.
Female-Backed VC Blossom Capital Raises $432M to Back Startups
Ophelia Brown's Blossom Capital has raised $432 million to back early-stage tech startups in Europe.
Robinhood Officially Rolls out Crypto Wallet
Robinhood rolls out a crypto wallet, providing access to more than 2 million customers on the waiting list for the digital product, Chief Product Officer Aparna Chennapragada announced.
Adam White, COO of Bakkt on the Custody Offerings and Future Roadmap
Adam White, COO, Bakkt began his journey in the crypto world when he joined Coinbase six years ago, much to the dismay of his family and friends who believed has was throwing away his Harvard education on a pseudo-market.
Eureka Entertainment and Astar Network Collaborate for "CoinMusme" Blockchain Game Development
Eureka Entertainment and Stake Technologies are collaborating on the blockchain game "CoinMusme," which will introduce a new character, "Astar," and distribute 100 exclusive NFTs. The game also plans to collaborate with various cryptocurrencies and NFT projects.
$1.5 Billion of BTC Locked Up In Ethereum
Bitcoin maxis are turning to the dark side as the value proposition of DeFi sees record levels of Bitcoin on Ethereum.
Gucci to Accept Cryptocurrency Payments in US
The world-renowned luxury brand Gucci will accept cryptocurrency payments by the end of this month and plans to roll it out to direct-operated North American stores this summer.
Ethereum-Based Akropolis DeFi Protocol Hacked, More than $2 Million Stablecoins Stolen
The recent hack suffered by Akropolis, an Ethereum-based DeFi protocol, resulted in a loss of more than 2 million DAI ERC-20 tokens.
U.K. Could See Crypto Exchanges Exodus before FCA Deadline
With three days until a decision from the U.K.'s regulatory body, crypto companies awaiting approval are looking at places abroad for relocation, according to Bloomberg.
BitMEX CEO Arthur Hayes Resigns, Following Criminal Charges by CFTC and DoJ
BitMEX CEO Arthur Hayes has stepped down from his position, alongside Samuel Reed, the company's CTO.
FTX Shares 10-Point Regulatory Proposals to American Congress
Cryptocurrency trading platform FTX Derivatives Exchange has published a 10-point regulatory proposal, aims at helping American regulators to provide better regulatory oversight of the broader cryptocurrency ecosystem.
10 Things You Might Not Know About Davos
Freelance journalist Jillian Godsil popped her Davos cherry this year and learned ten surprising things you might not know about Davos
Bank of America Joins Marco Polo Blockchain Network Powered by R3 Corda
Bank of America has joined the Marco Polo Network, powered by R3 Corda’s distributed ledger technology to solve the challenges of the global trade participants.
Visa Offers Crypto Development Program for College Students
Visa is offering an 18-month full-time crypto development program for undergraduates in the United States, which will focus on building a "fully fluent cryptocurrency team now and for the future".
Ethereum Beats Bitcoin on the Weekly Timeframe amid Increased Optimism
Ethereum was up by 19.24% in the last seven days, which is nearly twice Bitcoin's surge during the same period of time.
Top Performing Cryptocurrencies to Watch This Week: BTC, ADA, SOL, XTZ, DOT, and ATOM
Besides Bitcoin, popular crypto analyst Michaël van de Poppe shares where he sees some of the biggest opportunities in altcoins this week.
Can’t invest in the US stocks you’re bullish on? DeFi could help
Diversification of investment has been an age-old advice. Investing money in stocks, commodities, Futures, Bonds, etc., all have been viable options. However, individuals don’t want to stop at the options in front of them. They want to reach for the options available beyond the borders of their homeland. But politics and economic regulations act as a roadblock for investors willing to invest in stocks of other countries. That is where DeFi comes to the rescue.
Kevin Rose, co-founder of Moonbirds, falls victim to phishing attack
Moonbirds co-founder Kevin Rose. He lost about $1.1 million in NFTs to a phishing fraud.
Telegram Goes Public with Involvement in TON Blockchain
Telegram finally acknowledged its involvement in the Telegram Open Network (TON) and Gram. In Telegram’s terms of service on its official website, Telegram mentions the govern of use of the Grams Wallet as well as its involvement with the TON blockchain network.
NFL Star Beckham Jr to Accept Salary in Bitcoin
National Football League's star Odell Beckham Jr has become the latest high-profile athlete to accept his salary in Bitcoin from his team Los Angeles Rams.
White House Cracks Down on Cryptos Used for Purchasing Illicit Drugs
The White House issued two advisories on illicit drug purchases in the United States on Wednesday, referencing the role of cryptocurrencies allegedly used in these transactions.
China's Central Bank Digital Currency DCEP: What We Know So Far
China has been charging full speed with its digital currency development plans in response to Facebook’s Libra. China’s state-owned bank, the People’s Bank of China (PBoC) has been reportedly developing their own digital currency aimed to replace cash in circulation and was said to be ready in the coming months.
DeFi Platform Raft Compromised, Loses $3.3 Million in Ether
Raft DeFi platform hacked, loses $3.3M in ETH. Attacker burns most stolen ETH, faces net loss.
Next generation mainnet project NvirWorld signs MOU with “high-performance” blockchain Solana
NvirWorld, a blockchain company with platforms such as NFT marketplace Nvir Market and decentralized finance (DeFi) service N-Hub, announced the MOU with the Solana Foundation.
Arizona State Senator Wendy Rogers Proposes Bills to Make Bitcoin Legal Tender
Arizona state senator Wendy Rogers also supported a tax-exempt crypto bill.
JPMorgan: El Salvador to Face multiple Obstacles on the way to Implement Bitcoin as Fiat Money
JPMorgan Chase, citing a report, stated that El Salvador’s designation of Bitcoin as legal tender would bring various obstacles to its country, questioning the robustness of the payment mechanism.
Dave Portnoy Calls Bitcoin “A Ponzi Scheme,” but Says He Will be Back for Crypto
Dave Portnoy revealed that he had previously bought $1.25 million worth of Bitcoin, despite thinking the cryptocurrency was just a “just one big Ponzi scheme.”
Bitcoin Price on Course to $100,000 by 3rd Quarter of 2021, says 10T Holdings Co-founder
Dan Tapiero, the co-founder of fintech and digital assets firm 10T Holdings, believes that BTC has not missed a step in its journey of hitting $100,000 by the third quarter of 2021.
VanEck Introduces Zero Fee for Pioneering Bitcoin ETF
VanEck, a leading investment firm, has waived the management fee for its Bitcoin ETF, HODL, for assets up to $1.5B, aiming to make crypto investment more accessible until March 2025.
AMC Entertainment to Accept Bitcoin as a Payment Method for Ticket Purchases by Year-end
AMC Entertainment, the leading American movie theatre chain, said it would accept bitcoin as a payment method for ticket purchases and discounts by the end of this year.
Bitcoin Dips Below $50,000 as Price Correction Continues, What's Next?
Despite its price retracement, market analysts are still bullish on Bitcoin. What can we expect from the cryptocurrency in the upcoming days?
South Korea Top Four Crypto Exchanges Launch Joint Venture To Abide By AML Regulations
The heads of Bithumb, Korbit, Coinone, and Upbit signed a memorandum to form a company with a system, which will enable them to adhere to anti-money laundering regulations.
KuCoin CEO Clarifies Insolvency Rumours as FUD Spreads
KuCoin Exchange’s Chief Executive Officer, Johnny Lyu, has continued to dispel all rumours that the trading platform is turning insolvent.
Libra Faces Competition as Celo Foundation Hands Out First Grants Expanding the Use of its Platform
Libra has been facing some competition as the Celo Foundation has awarded its first grants of $700,000 in total to 13 projects that expand the use of its platform.
Long-Term Bitcoin Holder Supply Shock Hits a Record-High, Suggesting Price Could Surge in Months
On-chain analyst Will Clemente believes Bitcoin might witness a significant price appreciation in coming months based on the long-term holder supply shock.
Tether Deny Bitcoin Bull Run Manipulation
Reporting on allegations made against Tether’s parent company Ifinex, Tether has released follow up comments to deny any wrongdoing in the market.
Exclusive: Gerard Dache, on the Two Contradictions of Facebook Libra
In part 2 of the interview, Gerard walked us through some of the recommended bills to the government in fostering blockchain innovation, such as the “Blockchain Promotion Act”. He then shared his views on the nature of Bitcoin and two contradictions of Facebook’s Libra.
NBA's Rockets Team up with NYDIG, to be Paid in Bitcoin
NBA team Houston Rockets announced that it will collaborate with the New York Digital Investment Group (NYDIG), a top player in the bitcoin arena.
Twitter Bitcoin Hack Demonstrates That Crypto Fraud is Easier to Track Than Fiat
Cryptocurrency regulation was the hot topic during an ongoing panel hosted by the Association of Certified Financial Crime Specialists.
UK ISIS Member Charged for Sending Bitcoin to Terrorist Militants in Syria
A UK member of ISIS faces multiple charges for sending funds using Bitcoin to aid the escape of terrorist militants being held in prison camps in Syria.
Germany Overtakes US to Become Rank 1 Crypto Economy, HK at 8
Germany has overtaken the US to become the world's top-ranked crypto economy in the third quarter of 2022. The US, which led the rankings alongside Germany last year, was pushed to seventh.
HK-based Spending App Offers Crypto Rebate for Customers
A local spending startup, Bloom pairs with cryptocurrency exchange Okcoin to offer token rebates and bring a gamified retail experience to their clients.
US Secret Service Seizes Over $102m in Digital Currencies among Crypto Crimes
The United States Secret Service has notably confiscated as much as $102 million worth of crypto assets in its investigation of the activities of cybercriminals.
Nordea Bank Ban on Staff Bitcoin Trading Upheld By Danish Court
A Danish court has ruled that Nordea Bank is within its rights to prohibit its employees from investing in Bitcoin and other cryptocurrencies.
Grayscale Bitcoin Trust Offers Public Access to BTC “Era of Digital Gold”
Grayscale Bitcoin Trust is offering mainstream investors access to the newly proclaimed era of digital gold as Bitcoin evolves into a dominant store of wealth.
FTX to Have Its European Operating License Suspended
Following its turmoil, the FTX’s European license is now said to be soon suspended by Cyprus regulators, according to a report.
Is Bitcoin a Safe Haven Asset? US-Iranian Tensions Ignite Old Debate
Bitcoin’s price has improved significantly following the U.S. killing of top Iranian general Qassem Soleimani. As tensions escalate between the US and Iran, several crypto analysts have reconsidered the old debate on Bitcoin’s ability to function as a safe-haven asset similar to gold in times of geopolitical uncertainty.
Trump Handed Digital Future to China by Going After Bitcoin, Bolton's Book Reveals
President Trump’s opposition to Bitcoin and cryptocurrencies is well documented as is his determination to maintain the US Dollar's global status. According to a passage from ex-national security advisor John Bolton’s book—Trump’s administration has actually handed Bitcoin and Ethereum a huge advantage over other cryptocurrencies.
Bitcoin Braces for Deeper Bear Market as Fed Eyeing Another Big Rate Hike
The Fed has already announced five rate hikes this year, but the institution has not yet been able to contain the surging inflation.
Simplex Redefines the Fiat-to-Crypto/Crypto-to-Fiat Experience With the Launch of the Simplex Banking Solution
Simplex Banking works alongside Simplex’s unparalleled partner network to overcome key barriers to greater crypto adoption by providing a global solution of crypto- friendly banking, offering local payment methods for a truly global reach.
Bitcoin Eyes Forming a Weekly Higher Low, What Does This Mean?
A pullback to the $40,000 level reignited the formation of a higher low on the weekly chart.
Singapore Blockchain Week 2020 Sets the Stage with Global Blockchain Experts and Regulators
Singapore Blockchain Week 2020, hosted by Blockchain Association of Singapore (BAS) and co-organised by NexChange Group, will be held from 21 July to 23 July 2020. The anchor event - Singapore Blockchain Week Virtual Summit will take place on 21 July, followed by a series of meetups, workshops and investor events to be organised from 22 July to 23 July 2020.
Fan Receives a Bitcoin From Tom Brady after Returning 600th Touchdown Ball
A nine-year-old Tampa Bay Buccaneers fan got a reward with a Bitcoin from football player Tom Brady after returning the ball following Brady's 600th touchdown pass, which Mike Evans completed.
Bitcoin on Showtime: Winklevoss Biographer Writes BTC Mining Plot for Billions
Sunday’s episode of the Showtime series Billions featured a cryptocurrency mining scheme being executed in a prep school.
SEC Postpones VanEck's Bitcoin ETF Application to June
The SEC has postponed its consideration of VanEck's Bitcoin ETF application, pushing the decision from May 3 to June 17.
Core Scientific's Bankruptcy Exit: Financial Revival and Operational Expansion
Core Scientific's court-approved bankruptcy plan sets the stage for its Nasdaq relisting, debt restructuring, and operational expansion, aiming to bolster revenue and shareholder value.
May 12: No Hype Needed for BTC
BTC largely unchanged in the last 24 hours post the halving with hash rate dipping slightly. With the halving behind us now, you've 1,458 days to talk about the next for those suffering from hype withdrawal symptoms. What's more interesting than the halving yesterday was Paul Tudor Jones admitting that he has 1-2% of his assets in bitcoin and that it's a "great speculation".
Democrats may lose youth votes over anti-crypto sentiments, warns Winklevoss
Gemini co-founder Cameron Winklevoss has warned that the Democratic Party risks losing crucial support from younger voters due to what he perceives as an aggressive stance on cryptocurrencies by notable figures within the party.
Paxos—Regulated and Rising above Trustless Tether and Lost Libra
In this second part of our interview with Cascarilla, he explains why the PAX stablecoin is ultimately superior to Tether and gives his thoughts on Facebook’s Libra project and the nature of money.
1 in 9 Indonesians hold Cryptocurrency, Hootsuite Report
According to a report shared by Hootsuite citing GlobalWebIndex, 11% of all Indonesians own some kind of cryptocurrency. The total population of Indonesia is just over 270 Million people which makes it the fourth most populous country on the planet.
MyNFT to Bring Europe's First NFT Vending Machine to London
Web3 startup MyNFT will be launching the UK's first NFT Vending machines in London
ShIB and LPT Lead the Surge of Meme Coins as Bitcoin Stagnates at $29,400
ShIB and LPT lead the meme coin surge, with trading volumes of $2.25B and $975.24M on Binance Futures. Top gainers include BLZ, LPT, and RUNE, while Bitcoin remains stagnant at $29,400.
Artificial Intelligence Might Help Eradicate Fake Cryptocurrency News
Deepfakes may jeopardize the future because they might make fake news to blend seamlessly into our daily lives. As a result, people’s actions and viewpoints might be substantially influenced, especially in the crypto space.
How Does Cryptocurrency Regulation News Affect the Bitcoin Price? Bank Of International Settlements Research Reveals
New research conducted on behalf of the Bank for International Settlements indicates that contrary to popular belief, the Bitcoin price and other cryptocurrency prices respond very positively to news of coming regulations,when they are clear.
Depegging of USDC and DAI Saves Borrowers $100 Million
The depegging of USD Coin (USDC) and Dai (DAI) from the US dollar resulted in more than $2 billion in loan repayments on decentralized lending protocols Aave and Compound, with borrowers saving a total of over $100 million. USDC and DAI started heading back toward their peg, and repayment activity tapered off in the following days.
CME Group Bullish on Bitcoin Despite Pullback in Prices
The Chicago Mercantile Exchange (CME) Group recently stated that customer interest in CME Bitcoin futures remained bullish in Q3 2019 despite the Bitcoin price pullback.
5200 Vendors Now Accept Bitcoin Payments For Tobacco Purchases
Keplerk, a French-based cryptocurrency startup has relaunched it's Bitcoin for tobacco service in as much as 5200 outlets across France starting from October 10th.
C10: An All-Weather Approach to Investing In Cryptocurrencies
The future of cryptocurrencies looks bright as an increasing number of investors are looking for alternative investment opportunities, but many remain hesitant because of the market's extreme volatility.
Binance Bails Out From FTX Takeover Deal
Binance on Twitter announced the crypto exchange has ended the acquisition plan because, among other reasons, FTX has mishandled customer funds.
Colossal Increase in US Household Liquidity Might Push Bitcoin Further Upwards, says 10T Holdings Co-founder
Dan Tapiero, the co-founder of fintech and digital asset firm 10T Holdings, trusts that the remarkable increase in US household liquidity to the tune of $2.67 trillion could trigger further upward momentum for Bitcoin.
Mike Bloomberg: US Presidential Candidate Highlights Crypto Adoption In Agenda for Financial Reform
The United State presidential candidate for the upcoming 2020 election Mike Bloomberg is set to tender a proposal seeking to accommodate regulations for cryptocurrencies in a new financial plan that will be duly regulated.
Dorsey's Payments Firm Block Starts to Begin Mining Bitcoin
Block Inc, formerly known as Square, will begin mining Bitcoin with its mining system based on custom silicon and open source for individuals and businesses worldwide.
Beauty App Meitu’s Crypto Holdings Evaporated Up to $50m in H1
Meitu, a Hong Kong-listed beauty app, announced an interim net loss between $41.1 million and $52.3 million in H1 ( representing a loss of up to 154.1%). The firm attributed its loss to acquired cryptocurrency impairment.
Stablecoin USDC Issuer Circle to Apply for U.S. Crypto Banking License
Circle Internet Financial, the second-largest stablecoin USDC issuer, said it is now close to submitting an application to U.S. regulators to operate as a bank.
Ethereum Launches Final Testnet Before Officially Releasing ETH 2.0 Mainnet
The software developing team for Ethereum 2.0 has finally announced that they will be launching ETH 2.0’s testnet on August 4.
Blockchain Security Firm Certik Raises Nearly $88m in Stock Offering
Blockchain security and audits firm, Certik raise nearly $88 million through a stock offering.
Matrixport's Evolved Enterprise-Grade Cactus Custody and Holistic Approach to KYT and AML Compliance
Matrixport is a Singapore-based cryptocurrency startup which was launched by former Bitmain CEO Jihan Wu. Established in July 2019 with the goal to offer over-the-counter trading, lending and custody services for crypto, Matrixport boasts a systematic security model, global distributed infrastructure and business-focused security innovation capability to assure the security and reliability of users' assets.
Former Coinbase Executive Joins Magic Eden as Head of Product
Former Coinbase executive, Linus Chung, joins Magic Eden as Head of Product. Chung will lead product development, enhance user experience, and drive growth.
Institutional investors pull back from crypto amid regulatory crackdown
Last week, institutional fund withdrawals reached $32 million, despite a 10% market increase.
Paxful Exits Venezuela’s P2P Crypto Bitcoin Market Following US Sanctions
Paxful has withdrawn its crypto trading services from Venezuela after the country was classified as high-risk by the Office of Foreign Assets Control (OFAC).
Grayscale Plans to Offer More Digital Asset Products to Meet Rising Investor Demand
Grayscale Investments LLC has announced plans to explore other digital assets.
CFTC Demands $572 Million in Penalty and Restitution for Bitcoin Scam, Defendant Nowhere to be Found
US CFTC demanded that the founder of the Bitcoin cryptocurrency scam company Control-Finance pay $572 million in penalty and restitution fees for Bitcoin fraud.
MicroStrategy Acquires Extra 7,002 Bitcoins, Bringing its Portfolio to over 121K BTC
MicroStrategy has continuously accumulated Bitcoins to 121,044 BTC over the past year. The firm confirms it has purchased over 7000 Bitcoins on Monday.
Crypto Wallets Holding More Than 10,000 Bitcoin Hit a 2020 Record High
Santiment revealed that crypto wallets holding at least 10,000 BTC have reached a record high of 111 in 2020, indicating positive sentiment from Bitcoin whales.
ACE Exchange President Michael Wang Arrested
Michael Wang, President of ACE Exchange, was recently arrested on charges of fraud and money laundering, marking a significant event in the cryptocurrency industry.
Bitcoin Outperforms than Commodities in 2021 Amid Dormant BTC Circulation Going a Notch Higher
Bitcoin is the best-performing asset compared to commodities this year BTC with a return of 96%.
BRC-20 Bitcoin Tokens Surpass $1 Billion Market Cap
BRC-20 Bitcoin tokens reached a market capitalization of $1 billion, with notable tokens like ORDI, NALS, VMPX, PEPE, and MEME experiencing price variance of between +11% and -55%. The token standard uses Ordinals and Inscriptions to manage token contracts, minting, and transfers on the Bitcoin blockchain.
Altcoin Watch: Top 3 Tokens to Watch This Week XRP, ALGO, and COMP
With the general regressive pathway of major digital assets, here are some of the altcoins to watch this week.
Australian Bitcoin Miner Iris Energy Doubles Operating Capacity to Over 2.3 EH/s
Australian Bitcoin mining company Iris Energy has announced that its operating capacity has roughly doubled to over 2.3 EH/s.
SHIBA INU Continues to be the Top Trending Topic in Crypto Amid an 889% Monthly Surge
SHIBA INU (SHIB) is emerging as the new kid on the cryptocurrency block.
Bitcoin Could Rally Towards $75,000 “Very Quickly,” says Equity Strategist
Matt Maley, the equity strategist at leading institutional trading firm Miller Tabak + Co, believes Bitcoin could rally towards $75,000 “very quickly” based on some chart patterns.
New partnership to enable Bitcoin micropayments for content platforms
Crypto has enabled micro-monetization across businesses. Play-to-earn games and music streaming led this crypto integration. ZEBEDEE and Fountain, a value-for-value podcasting platform, partnered.
JPMorgan Strategists Explain Why Bitcoin is Currently the "Least Reliable Market Hedge" as BTC Price Drops
After sustaining above the $35,000 threshold for most of the week, Bitcoin has stumbled, even dropping to lows of $29K mark momentarily.
Bitcoin Miner Bitfarms Mined 1,223 BTC but with $25 Million Net Loss in Q2 2023
Bitfarms mined 1,223 BTC in Q2 2023, reaching a hashrate of 5.3 EH/s. Revenue was $35M, with a net loss of $25M. The firm also secured 150 MW of hydropower.
Blockchain Daily Digest – November 5th, 2019
After some three years of work, Liechtenstein has introduced what some have described as the world’s first blockchain business law (the Lichtenstein Token and Trusted Technologies Law’) which will go into effect in January 2020.
Twitter Reportedly Developing Bitcoin Tipping Service for Sending Money to Favorite Accounts
Twitter is reportedly working on a new tipping feature on the popular social media platform, which will allow users to send Bitcoin directly to their favorite accounts.
Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders
Wall Street giant Morgan Stanley is creating more access for everyday investors with the announcement of an imminent $13 billion acquisition of online trading firm E*Trade Financial Group.
Coinbase Secures Registered VASP from Dutch Central Bank
Nasdaq-listed digital currency trading giant Coinbase Global Inc has announced its official registration as a Virtual Asset Service Provider (VASP) with the Dutch Central Bank (De Nederlandsche Bank — DNB).
Bitfarms Records $40m in Total Revenue and 900 BTC Mined in Q1 2022
Bitfarms expressed its happiness with the progress that it continues to make. The firm achieved record levels of hash rate, revenue, and Bitcoin mined in the first quarter.
Former Coinbase CTO Bets $1 Million on Bitcoin Reaching $1 Million in 90 Days
Former Coinbase chief technology officer Balaji Srinivasan has placed a bet worth $1 million on Bitcoin's price reaching $1 million by June 17. Srinivasan accepted the wager from pseudonymous Twitter user James Medlock, who bet $1 million that the United States would not experience hyperinflation.
Bitcoin Wallets Surpass Bank Accounts in El Salvador, says President Bukele
El Salvador has been making significant strides in the crypto space ever since, with the latest being Bitcoin wallets dwarfing bank accounts in the nation.
Crypto.com Signs 5-Year Deal with Australian Football League, Worth $25m Sponsorship
Crypto.com announced that has signed a five-year partnership agreement with the Australian Football League, sponsoring it for $25 million to develop sports business.
Best Crypto Performers Amid a Bearish Week: BTT, ANKR, and DENT
As the global crypto market saw a bearish progression this week, BTT, ANKR and DENT stands as the best performers to date.
Demand for Crypto Mixers Hits ATH, Illicit Address Activities Draws Majority
The rising use of mixers in the crypto space should be a cause for concern because they are highly being utilized by cybercriminals and bad actors, according to Chainalysis.
BoE's Committee Recommends Taking a Closer Look on Crypto Regulation
In its latest Financial Stability Report, the Financial Planning Committee (FPC), an offshoot of the Bank of England has recommended pushing for an ‘enhanced’ regulatory framework.
April 16: When Memories Last A Lifetime
Trading Crypto with Eugene is a series of daily commentary on the crypto market and trading advice from Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful!
US Dollar Crash and Double-Dip Recession Odds Are High, says Economist Stephen Roach, Fueling Bitcoin Bulls
Economist Stephen Roach says that the US dollar is set to crash and that a double-dip recession’s odds are above 50 percent. What will this mean for Bitcoin?
The Central Bank of China Reiterates All Crypto-related Transactions are Illegal
The Chinese government once again stepped up its suppression of cryptocurrency transactions, and the Chinese central bank stated that all cryptocurrency-related transactions are illegal.
Bitcoin Pizza Guy and the Tenth Anniversary of the Most Regrettable Purchase in Human History
On May 22, 2020, the 10th anniversary of Bitcoin Pizza Day will be marked. It is because ten years ago, on this day Laszlo Hanyecz, aka ‘Bitcoin Pizza Guy,’ traded his 10,000 BTC for two Papa John’s Pizzas with eighteen-year-old Jeremy Sturdivant, aka jercos.
Coinbase Adds Direct Paycheck Deposit Feature into Crypto Accounts
Coinbase is launching a new feature on its platform that aims to bring one step closer to being de-factor bank accounts for its crypto users.
Mexican Senate Gets First Bitcoin ATM Machine, the Nation Eyes Making BTC Legal Tender
To offer Mexican lawmakers first-hand Bitcoin experience, ChainBytes and Axolotl Bitcoin have put up a Bitcoin ATM at the nation's senate building.
UK Extends Stablecoin Regulation Consultation Period, Seeks Inclusive Feedback
The Bank of England and the Financial Conduct Authority have extended the feedback deadline for stablecoin regulation to February 12, aiming for a comprehensive, inclusive regulatory framework.
US Seizes $500K in Crypto Paid as Ransom to North Korean Hackers
The U.S. Justice Department has revealed seizing crypto funds worth $500,000 used to pay ransom to North Korean hackers after the FBI filed a sealed seizure warrant in May.
Bitcoin’s Profit-Taking Skyrockets, Will $40K to Be Reclaimed?
Profit-taking tendencies in the Bitcoin market contributed to the price dropping below the psychological price of $40,000.
Mining firm Compute North Files for Chapter 11 Bankruptcy
Crypto mining firm Compute North has filed for Chapter 11 bankruptcy protection in a federal court as it had been struggling to survive due to the market downturn.
TravelX, Air Europa Launch World's 1st Flight Ticket NFTs
TravelX announced that it has partnered with Air Europa to release the world's first NFT flight ticket collections or "NFTickets." Owners can issue their own flight tickets by presenting their NFT.
Ethereum’s Top 5 Mining Pools Account for 65.4% of ETH Blocks
Ethereum miners have cashed in the most in the crypto space so far this year, even surpassing Bitcoin miners.
WSB Token Team Member Allegedly Dumps Coins
A team member of the WSB Coin token project, which claims to be the official memecoin of Wall Street Bets, has allegedly dumped a large portion of the coins just days after its launch. The on-chain data showed that the moderator, zjz.eth, sold WSB coins worth around $635,000, resulting in a massive drop in the token's price. The incident has raised concerns among the community members, who warned others not to buy the dip as the moderators still have access to 10% of the total supply.
CI Global Asset Management Partners with Galaxy Digital, Launching Blockchain and Metaverse ETFs
CI Global Asset Management (“CI GAM”), a major Canadian asset management firm, has partnered with Galaxy Digital to launch ETFs focused on blockchain technology and Metaverse.
BankProv Stops Offering Loans Secured by Crypto Mining Rigs
BankProv said in an SEC filing that it would no longer lend against crypto mining machines.
Marathon Digital Admits to Mining an Invalid Bitcoin Block
Marathon Digital Holdings encountered a setback as it mined an invalid block on the Bitcoin network due to an internal bug amidst an operational optimization experiment. The company acknowledged the error and praised Bitcoin's self-corrective security measures.
Australia Surpasses Asia in Crypto ATM Installations
Australia has surpassed Asia in the total number of crypto ATMs installed, with 364 machines as of January 2023. The country has consistently added Bitcoin ATMs over the last eight months and is on a crypto ATM installation spree. Internal documents from Australia’s Department of the Treasury suggest that crypto legislation is on the horizon.
IBM Food Trust: Cutting Through the Complexity of the World’s Food Supply with Blockchain
IBM Food Trust was first launched in August 2017, with 10 Foundation members aiming to use blockchain in food traceability to solve issues in the food supply chain. Prior to the launch, IBM, Walmart and Tsinghua University announced a collaboration to improve the way food is tracked, transported and sold to customers in China. Juniper Research recently announced that IBM Food Trust is one of the leading blockchain players in the food provenance space.
Harmony Plans to Mint billions of New ONE Tokens for Reimbursement
Harmony is planning a hard fork to mint billions of new harmony (ONE) tokens to reimburse victims of its bridge hack last month.
MicroStrategy CFO Recommits the Firm to Maintain Bitcoin Accumulation Strategy
Phong Le, the Chief Financial Officer of MicroStrategy Incorporated, says the company will not relent in its bullish acquisition of Bitcoin as its Treasury Reserve Asset (TRA).
SEC Reschedules Decision-Making on Bitcoin ETF Proposals
The Securities and Exchange Commission (SEC) in the United States once again delayed on deciding on the three Bitcoin exchange-traded fund (ETF) proposals according to the release of documents from the regulatory agency on Monday.
Bitfinex and Tether's Appeal Rejected by New York Judge
Judge Cohen reportedly decided to give a 90-day extension to the case, which will give the New York Attorney General’s office to continue investigating. Judge Cohen also dismissed Bitfinex and Tether’s motion to appeal after the ruling.
Circle Introduces Native USDC on OP Mainnet: What It Means for the Ecosystem
Circle launches native USDC on OP Mainnet, replacing Ethereum bridged liquidity. Collaborating with Optimism, it will be available on Coinbase's Base, Solana, Ethereum, and Mercado Pago.
Bots Inc Starts Accepting Dogecoin And Other Cryptocurrencies from Tesla Vehicle Buyers
BOTS Inc has announced that it has started allowing Tesla vehicle buyers to pay with cryptocurrencies like Dogecoin and others.
Russian Prime Minister Sets Deadline For Adopting New Approach to Cryptocurrencies
The awesome wave of change has snaked into the Russian cryptocurrency market as their finance ministry advocates for a new regulatory framework to be adopted by the country’s legislative body. This proposition entails that cryptocurrencies will be classified under three separate legal categories or tiers as set by the Russia legislative body law. These tiers are virtual assets, technical tokens, and digital finance asses.
CoinsPaid Total Transaction YTD Tops €16B despite Crypto Winter
Cryptocurrency processing platform CoinsPaid has shared an update on its performance in Q3, revealing it saw a two times growth in its transaction volume when compared to the same period of last year.
Bitcoin Struggles to Maintain Its Dominance
Bitcoin’s dominance has fallen to 44%, which is the lowest level BTC has gotten since 2018.
Crypto Custody Firm Fireblocks Integrates with the DigitalBits Blockchain
Crypto custody firm Fireblocks has launched a new integration with the DigitalBits blockchain, providing users with secure access to products and services built on the DigitalBits blockchain.
Argentine Crypto Exchange Ripio Launches Crypto Prepaid Debit Card in Brazil
Latin American cryptocurrency company Ripio partnered with Visa on August 24, to launch a cryptocurrency prepaid debit card in Brazil that supports payments with cryptocurrencies.
"I Knew Owning Bitcoin Was a Bad Idea," Claims Peter Schiff After Losing Access to His Bitcoin Wallet
"I knew to own Bitcoin was a bad idea, I just never realized it was this bad!" exclaims Peter Schiff, after losing access to his bitcoin wallet and his password being invalidated. The crypto – the community has offered help, but it would seem the BTC has been lost for good.
Mobius Capital Partners CEO Says Trying to Predict Bitcoin Price is "Loser's Game"
CEO of Mobius Capital Partners, Mark Mobius has become the latest Bitcoin critic to slam the unpredictable nature of BTC, comparing investment in cryptocurrency to gambling.
Bitcoin Hit the Worst Quarter Return since Q1 2018
Bitcoin is currently down nearly 46% this quarter. Bitcoin is about to meet its biggest decline since 2014.
Institutional XRP Inflows Surge to Hit $33 Million, Almost Doubling Its AUM
Despite tumbling slightly in price, XRP's institutional inflows have been ramping up.
Candy Club Integrates with OKC (OKX Chain) Ecosystem
Candy Club has successfully integrated into the OKC ecosystem and added a use case for the OKC token and community. OKC is an EVM-compatible L1 built on Cosmos with a focus on true interoperability (IBC) and maximized performance. At high scalability, developers can build and scale with low gas fees. The OKC ecosystem and infrastructure, including the all-in-one multi-chain Web3 interface, enables a seamless experience for both developers and users.
Sending Ethereum Tips on Twitter Becomes a Reality
After enabling Bitcoin tipping on its platform in September 2021, Twitter has stretched its hands by adding Ethereum to the mix.
What is Dogecoin?
Dogecoin is an altcoin cryptocurrency founded in 2013 based on the popular Doge meme, and is one of the more colorful coins on the cryptocurrency spectrum.
U.S. Financial Stability Oversight Council to Discuss Digital Asset Regulation Next Week
The Financial Stability Oversight Committee (FSOC), chaired by U.S. Treasury Secretary Yellen, will meet on September 23 to discuss regulatory loopholes in digital currencies and the potential risks they pose.
FTX to Open Regional HQ in Dubai after Acquiring License
Cryptocurrency exchange FTX is set to open a regional headquarters in Dubai after its virtual-asset license was approved.
91% of Bitcoin Mined, Remaining less than 1.9m Units to Issue before 2140
Only 9% of Bitcoin is left to be mined for the next century, according to a data platform from the Clark Moddy Bitcoin's dashboard.
Breaking: Key US House Committee Leaders Challenges Federal Reserve on Stablecoin
The House Financial Services Committee is concerned about the Federal Reserve Board's recent regulatory actions on payment stablecoins, arguing they could hinder Congress's digital asset framework, impose additional regulatory burdens, and potentially cause financial repercussions.
Mastercard Collaborates with Bakkt to Expand Encryption Solutions & Join Loyalty Program
Payment giant Mastercard cooperates with the U.S. Institutional Exchange Bakkt by expanding integrated cryptocurrency solutions and payment services.
Genesis Digital Assets Raises $125M to Expand Bitcoin Mining Business
Digital asset lending firm Genesis Capital has raised $125 million in equity financing to expand its Bitcoin mining business, mainly in North America and Northern Europe.
Spanish Opposition Party Partido Popular Proposes Bill Allowing Crypto Payment for Mortgage
Spain opposition party- Partido Popular (PP) party has proposed a bill allowing the use of cryptocurrency to pay for mortgage loans.
Benefits and Use cases of Blockchain in Real Estate Sector
From the rental market to general real estate transactions, cryptocurrency and blockchain technology are transforming the way landlords do their business.
Did Elon Musk Inadvertently Promote Ripple (XRP) When He Dropped The Bitcoin Bomb?
Ever since Tesla CEO Elon Musk’s announced that the automaking company will be dropping Bitcoin payments, Bitcoin has plunged dramatically on the crypto market, shedding more than $10,000 of its value.
Coinbase reassures customers on staking services amid SEC crackdown
Despite the SEC's crackdown on staking services provided by centralized providers, Coinbase has informed its customers that its staking services will continue and may even increase. Coinbase has updated its staking terms and conditions, stating that users earn rewards from decentralized protocols, not from the exchange itself. The SEC has expressed concerns over users losing control of their tokens when using staking programs. Coinbase has argued that its staking services are fundamentally different from competing exchanges like Kraken.
Crypto Conferences Scale Back
Crypto conferences have toned down the extravagance in response to the extended crypto winter, with attendees focusing on discussing regulation and tax. The XRP Las Vegas conference for XRP enthusiasts and the “XRP Army” highlighted frustration over regulatory clarity in the United States. Meanwhile, regulation was the primary topic at a recent Binance Australia meetup event, where attendees asked intelligent questions despite the ongoing bear market. Interest in crypto remains strong, even as conferences scale back.
Coinme Introduces 6 Additional Crypto Instant Trading by Cash
Besides Bitcoin, users can purchase Chainlink, Dogecoin, Ethereum, Litecoin, Lumens, and Polygon at Coinme-enabled kiosks.
The First Crypto Bank in Puerto Rico Rolls Out Digital-Asset Custody Service
FV (Fintech Ventures) Bank, a global financial entity registered in the U.S. territory of Puerto Rico, has launched a digital-asset custody service for seamless safeguarding and interoperability of crypto and fiat.
Nancy Pelosi Says Tuesday is Deadline if White House Wants Pre-Election Stimulus, BTC Traders Standby
Dem Nancy Pelosi told the White House it has until Tuesday to reach a deal with Democrats if it wants additional stimulus before the elections next month. How will BTC react?
Dubai-Based Property Developer Introduces Bitcoin Payment for Home Buyers
Ellington Properties, a Dubai-based developer, has chosen Bitcoin Suisse (BTCS) as its ideal crypto brokerage provider to facilitate Bitcoin payment for its international customers.
Infrastructure Bill: Is Treasury Sec Against the Proposed Amendments?
US Treasury Sec is opposed to the pro-Bitcoin amendments to the infrastructure bill. Here are some insights behind the story.
HKEX Executive Director, Chief Executive: The LSEG-HKEX Merger Proposal in Context
HKEX formally announced today its intention to merge with London Stock Exchange Group.
The third-largest French bank Introduces Euro-Pegged Stablecoin
Société Générale has introduced EUR CoinVertible, a euro-pegged stablecoin, marking a significant shift in the integration of traditional finance with digital assets.
Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers
Blockchain-powered driving licenses were made available as an option in South Korea in May.
Bank of America Believes Bitcoin Could Mean More Money for Salvadorans
Bank of America, a leading US-based multinational investment bank, acknowledged that Bitcoin (BTC) could trigger a progressive digitalization of the financial system translating to more money for workers in El Salvador.
Bitcoin Provides a Check Against Economic Mismanagement, says US Politician
US politician Ro Khanna has shared a tweet that is bullish on Bitcoin. He also advocated for sustainable cryptocurrency mining operations.
US-Based Mortgage Firm Permits Homebuyers to Use Crypto Holdings as Collateral
Milo, a financial technology company that reimagines mortgage credit, removes the obstacle for down payments if homebuyers use crypto holdings as collateral for home loans.
Elrond Network Integrates with Cybersecurity Firm AnChain.AI, Enhancing Compliance And Fraud Prevention
Elrond Network completes its integration with cybersecurity firm AnChain.AI, improving compliance and enhancing fraud detection capabilities across Elrond’s product portfolio.
PayPal May Be Considering Launching Its Own Stablecoin
PayPal may be looking to launch its own stablecoins in the future, as it has been reportedly been meeting with stablecoin developers.
Nigerian Police Arrest Politician Wilfred Bonse for Involvement in Patricia Technologies Financial Fraud
Nigeria Police Force arrests politician Wilfred Bonse for over 200 million Naira financial fraud at Patricia Technologies, three for romance scam, and USDT recovery in cryptocurrency fraud.
MAS Sees Potential in Retail-CBDC for the City-State
Despite its plans to float Project Orchid, the technology infrastructure, and the technical competencies necessary to issue a digital Singapore dollar, the Monetary Authority of Singapore (MAS) is not in a hurry to follow the bandwagon.
Director of FinCEN Affirms That Cryptocurrency Industry Is in Line With Agency Regulations
The director of FinCEN (Financial Crimes Enforcement Network) Kenneth. A Blanco believes that the cryptocurrency industry is starting to fall in place with the agency’s regulations on money transmission services.
Adam Back Denies Being Bitcoin Creator, Claims No One Knows Satoshi Nakamoto's True Identity
Adam Back clarifies that no one knows the Bitcoin creator and claims that Satoshi Nakamoto was a single person who programmed and coded Bitcoin.
Coin Cloud Customer Data and Source Code Allegedly Stolen
Coin Cloud, a cryptocurrency ATM provider, has suffered a data breach involving 70,000 customer selfies and 300,000 PII stolen, highlighting the need for improved security measures in the cryptocurrency sector.
Crypto Trading Volume Picks Up as Bitcoin Breaches $40K Level
After dropping to lows of $38.5K over the Easter weekend, Bitcoin has gained momentum and breached the psychological price of $40,000 based on an uptick in trading volume.
eToro's Survey Reveals 40% of Millennials Could Favor Crypto Investment In Recession
A survey by eToro has revealed that 40% of Millennials could favor cryptocurrency investment if a recession was instigated by the US-China trade war.
Could Twitter Bitcoin Hack Have Been Prevented? Twitter Faces Heat From SEC
There is ongoing speculation that the massive Bitcoin hack that overtook Twitter on July 15 could have been prevented if Twitter CEO Jack Dorsey and his multi-billion dollar social networking company had taken matters into their own hands and addressed the security concerns outlined by the Securities Exchange Commission (SEC) in 2015.
Australia's Crypto King Schebesta Sold $6.5m Penthouse to Buy Bitcoins
Fred Schebesta, who is commonly referred to as ‘Australia's Crypto King', said the current cheap crypto prices means that it is the right time to invest more into crypto.
Bitcoin Mild Volatility Lower than the Other Leading Cryptocurrencies in 2021
Crypto analytic firm CryptoCompare acknowledged that BTC’s volatility had been relatively lower compared to other leading cryptocurrencies, such as Ethereum (ETH), Ripple (XRP), and Cardano (ADA).
Chess Grandmaster Garry Kasparov Supports Bitcoin as Tool for Human Rights and Financial Autonomy
Chess Grandmaster and rising human rights advocate, Garry Kasparov, sees cryptocurrencies like Bitcoin and Ethereum as a way to fight tyranny and restore liberal democracies.
Terra-Based Anchor Protocol Hits $12b in Total UST Deposits
Anchor Protocol, a lending and borrowing protocol built atop the Terra blockchain network, its total UST stablecoins deposit has hit 12 billion, a show of the massive embrace it is currently receiving from the Terra ecosystem.
Union Bank of Philippines Cooperates with Hex Trust for Promoting Pilot Digital Assets Custody Service
Union Bank of Philippines (UnionBank) announced the bank has paired with Hong Kong-based Hex Trust to pilot digital assets custody service.
South African Supermarket Chain Pick n Pay Starts Accepting Bitcoin Payments
The development of Pick n Pay means that South African shoppers can now purchase food and other goods online with Bitcoins.
Bitcoin in Africa: Cryptocurrency and P2P Bitcoin Trade Surge Across the African Continent
Cryptocurrency adoption and peer-to-peer Bitcoin transactions are on the rise across the African continent. There have been significant advances across Africa for crypto adoption in terms of regulation, trade volume and reported cryptocurrency ownership.
PWC Singapore's Venture Hub: A Breeding Ground for Singaporean Unicorns
Following Part 1 of the interview, Lim Shu Ning, Director in PwC Singapore’s Venture Hub specializing in Blockchain analyzed the key challenges for startups to become a “Unicorn” in Singapore and shared with us how PwC Singapore’s Venture Hub partners with local regulators and accelerators to foster FinTech innovation in Singapore.
BRC-20 Tokens Surge in Popularity as Traders Flock to Bitcoin's Latest Token Standard
BRC-20 tokens, the latest token standard on the Bitcoin blockchain, have seen a surge in popularity as traders and investors embrace the novel fungible token. With a market capitalization of over $1 billion and a total trading volume of $207.7 million in the past 24 hours, BRC-20 tokens like ORDI, NALS, VMPX, PEPE, and MEME have experienced significant price variance.
Crypto Is Entering the Early Stages of Mainstream Adoption, says Kraken CEO
Jesse Powell, the co-founder and CEO of crypto exchange Kraken, believes that the crypto sector is in its early stages of mainstream adoption.
Deutsche Bank Joins JP Morgan’s Blockchain Platform
Germany’s beleaguered banking giant, Deutsche Bank, has joined JP Morgan’s blockchain-based Interbank Information Network (IIN), the Coin Telegraph reports.
Retail Investment Slips as New Bitcoin Addresses Drop
Retail investment in the Bitcoin (BTC) market seems to have dried up based on the drop in new addresses.
Blockchain Startup Contribution Labs Raises $3M through Equity Sale
Contribution Labs, a Web3-focused startup backed by Alchemy, a pioneer in the blockchain developer platform, raised $3 million through an equity sale.
Short Bitcoin Investment Products Saw Record Inflow of $18m Last Week: CoinShares
Data from digital asset management firm Coinshares showed that outflows from cryptocurrency investment products reached $9.2 million last week, with the majority of inflows coming from short investment products.
Bitcoin Needs to Hold the $36K-$37K Support Level, Avoid Further Downward Momentum
To avoid a further slip, Bitcoin needs to hold the zone between $36,000 and $37,000.
Canadian Tax Agency Asks Coinsquare Crypto Exchange to Hand Over Clients Personal Data
The Canada Revenue Agency has requested a judge of the Federal Court to force a crypto exchange to hand over information about all its customers.
TOR Network Vulnerability May Have Facilitated Dark Web Bitcoin Theft
According to a cybersecurity researcher, Bitcoin thieves and hackers have controlled more exit relays on the Tor network this year than in the past five, raising serious cybersecurity concerns that experts are looking to fix.
Worldcoin (WLD) Investigated by South Korea's Personal Information Protection Commission
Amidst privacy concerns, South Korea's Personal Information Protection Commission has launched an investigation into Worldcoin's data collection practices.
NYDFS Introduces Stricter Crypto Listing and Delisting Rules
NYDFS has implemented stricter regulations for cryptocurrency businesses, enhancing investor protection through detailed risk assessments and governance, highlighting New York's proactive regulatory approach.
Bitcoin Purchase Made Possible By Dropbit Through Apple Pay and Google Pay
It is now possible to purchase Bitcoin on Dropbit wallet through Apple Pay or Google Pay. This news was announced in a Medium post by Coin Ninja on November 5. Prior to this announcement, Dropbit was only used to send and receive Bitcoin, which can be done by using just the phone number of the recipient.
Blockchain-based Distribution Protocol TravelX Raises $10m in Seed Round
TravelX, a company focused on the use of blockchain technology for distribution in the travel industry, has raised $10 million in a seed round led by Borderless Capital.
Hindenburg Research Hunts $1M Bounty for Information on Tether's Dollar Reserve
Hindenburg Research is offering a $1 million bounty to anyone that can provide information about Tether’s stablecoin reserves.
Oxford City Football Club Partners with CoinCorner to Accept Bitcoin Payment
Oxford City Football Club (OCFC), one of the world's most successful and coveted football clubs, has partnered with Isle of Man-based bitcoin company CoinCorner to offer bitcoin payments.
Crypto Miner Greenridge on a Mission to Raise $22.8M
Crypto miner Greenridge Generation is on a mission to raise up to $22.8 million through an at-the-market offering.
Microstrategy Stock Sees Insider Selloffs With Bitcoin's Latest Correction
Two top executives of MicroStrategy has offloaded part of their stock holdings, a move that may trigger scepticism related to the recent BTC price slump.
US and UK Regulators to Take Action on Stablecoins after Terra’s Collapse
Stablecoins plunged below $1 this week. Major regulators have become concerned about such cryptocurrencies.
The Collapse of the Cryptocurrency Market Triggers Discussions among Legislators
Bitcoin plummeted by more than 30% yesterday and the huge volatility caused the panic of selling in the entire cryptocurrency market. This caused the U.S. regulators and legislators may be re-examining crypto-asset legislation.
Bitcoin is Teaching Generation Z How to Properly Save, says 10T Holdings Co-Founder
Dan Tapiero, the co-founder of digital asset firm 10T Holdings, has disclosed that Bitcoin is playing an instrumental role in teaching Gen Z how to save.
Swiss data and analytics service Nuant prepares for the Q4 launch of the first unified platform for digital asset data, analytics & portfolio intelligence
Swiss-based digital asset data and analytics Fintech, Nuant, is launching a platform that solves a critical industry-wide portfolio management problem for institutional funds invested in digital assets: namely data fragmentation from exchange accounts, on-chain wallets, custodial wallets, on-chain data and market data by providing a single unified hub to manage, monitor and make accurate data-driven investment decisions for digital asset portfolios. For the first time, funds will now have access to accurate on-chain and market data, metrics, analytics and compliance tools for all current holdings as well as potential new assets into a portfolio, in one place, in real-time.
South Korea’s Financial Services Commission to Ban Privacy Coins from Exchanges
South Korea’s Financial Services Commission (FSC) will ban privacy-centric digital assets or “dark coins” from exchanges as they present a high money laundering risk.
Band Protocol (BAND) and Chainlink (LINK) DeFi Tokens Outperform Bitcoin by Gaining 100%
With the recent boom of the decentralized finance (DeFi) industry, DeFi tokens have undergone more than a 100% gain on the crypto market over the past few weeks, outperforming Bitcoin.
Public Chain WormholesChain Receives $10m in Seed Funding
Multi-dimensional public chain WormholesChain said it has completed a $10 million seed round led by Mandra Capital and Timing Capital.
Freewallet.Org Features for Crypto Newbies and Skilled Users
Freewallet is a fintech company that has been a part of the crypto scene since 2016. It provides 3M users with apps for mobile devices and a web version of a wallet for 100+ cryptocurrencies. There are also standalone wallets for 30+ coins, such as BTC, ETH, XMR and more. The company produces simple and cost-effective payment tools with the aim of making crypto more available to everyone.
Bitcoin Might Get More Volatility by the End of the Week, Market Analyst Reveals
Market analyst Lark Davis believes that Bitcoin might get more volatility as the week comes to an end based on the formatting of a triangle pattern.
Bored Ape Yacht Club Enters the Movie Scene, Pairing with Coinbase
Seen as the face of the non-fungible token (NFT) market, the Bored Ape Yacht Club (BAYC) has entered the silver screen based on a series of animated short films called “The Degen Trilogy.”
VanEck's Ambitious Move: A Spot Bitcoin ETF with a "HODL" Ticker
VanEck submits a fifth amended application for a spot Bitcoin ETF under the "HODL" ticker, aiming for SEC approval and significant market impact.
Indian FM says Crypto Taxation is "Sovereign Right"
India's Finance Minister Nirmala Sitharaman came out guns blazing to clarify that cryptocurrency taxation is a "sovereign right" and a "corrective action".
Dogecoin Foundation Launches Core Developer Fund
On Dec. 31, the Dogecoin Foundation unveiled a new fund that would be handled by its members in a multisignature wallet. The team disclosed the fund's wallet address for openness. Doge developers have dismissed allegations that the network is switching to a proof-of-stake (PoS) consensus method.
Ripple (XRP) Price Surged Above a Critical Level, What’s Next?
Ripple (XRP) price has struggled for the past two days with the 90-day MA, failing to stay above the resistance level.
WonderFi to Acquire Canadian Crypto Exchange Parent Firm First Ledger with $206M
WonderFi, a Vancouver-based and Canadian politician Kevin O’Leary-backed firm, announced the acquisition of First Ledger Corp., the parent company of Canadian cryptocurrency exchange Bitbuy with $206 million.
Coinbase Extends Services to Institutional Users
Coinbase Global Inc said the exchange it is offering prime brokerage services for institutional customers, Bloomberg reported Tuesday.
Behind the Bitcoin Price Rally: FOMO Buying Which Overpowered Profit Takers
Woo’s model suggested that the estimation of Bitcoin reaching $100,000 is a very low target according to the current trajectory.
What is Compass Mining?
Compass Mining has emerged as an innovative leader in the cryptocurrency mining service industry, enabling individuals and institutions to participate in Bitcoin mining without the complexity of managing hardware.
US Prosecutors Unseal Indictment of $20 Million Dollar Cryptocurrency Ponzi Scheme
US prosecutors have recently indicted a group of investment scammers who have orchestrated a cryptocurrency mining fraud following a Ponzi scheme protocol.
Matrixport: Jihan Wu's Spin Off Start-up Meeting Demand for Cryptocurrency Services Beyond Bitmain's Mining Ecosystem
Cynthia Wu is the Head of Business Development and Sales at Matrixport where she is also focused on building business for Cactus Custody and managing Matrixport’s key investor relations. In this first part of our exclusive interview, Wu shares her insights with Blockchain.News on the state of the Bitcoin mining, the surge in Bitcoin’s Hashrate and the potential impact that the coming Bitcoin halving will have on Bitcoin miners.
No Chivo Wallet Downloads in El Salvador This Year, Study Shows
A new study shows no Chivo wallets downloads this year in El Salvador, indicating the enthusiasm for the crypto adoption in the nation does not as promising as painted.
Bitcoin May Continue to Face Headwind after Plunging to $53,500
Bitcoin plummeted to as low as $53.5K on May 11. However, the lowest concentration of Bitcoin whales is around $52K, which means that this may be the current floor price of Bitcoin.
Crypto.com Joins Hands with Xfers to Enhance Cryptocurrency Adoption in Singapore
At the ongoing Singapore Fintech Festival, Crypto.com has revealed its collaboration with Xfers, a Singapore-based payment processing portal. By December 2019, the partnership seeks to permit Crypto.com users to purchase and sell crypto, such as Ripple, Ethereum and Litcoin, among others in SGD.
Seven Key Takeaways You Need to Know About Central Bank Digital Currencies
Why are Central Bank Digital Currencies (CBDCs) important? Do we really need them? What are the implications? How will they be designed? Here are seven key takeaways you need to know.
Coherent Secures $4.5M in Seed Round For API Products
Blockchain data startup owned by a former platform engineer at Coinbase, Coherent announced on Thursday that it has secured $4.5 million in a seed round
Twitter CEO Jack Dorsey Says Coinbase CEO's Apolitical Stance "Leaves People Behind"
Following the move by Coinbase to offer severance packages to staff who disagree with the ‘apolitical’ stance of the firm, Twitter’s CEO Jack Dorsey has slammed the move.
Steamboat Willie Enters Public Domain, Inspires NFT and Meme Coin Craze
The public domain's "Steamboat Willie" Mickey Mouse version has sparked the creation of popular NFTs and meme coins, marking a new era in digital art and copyright freedom.
JPMorgan says MassMutual Bitcoin Investment Signals Institutional Demand Could Quickly Grow by $600 Billion
JPMorgan thinks growing institutional demand could see up to $600 billion flow into Bitcoin in the near future after insurance giant MassMutual invested $100 million into BTC.
Coinbase NFT Partner Ox Labs Pulls $70m in Series B Funding Round
0x Labs, the blockchain startup that is in partnership with Nasdaq-listed Coinbase Exchange, has raised $70 million in a Series B funding round with Greylocks Partners at an undisclosed valuation.
Bitcoin Eyes for a Clear Direction amid the Mist
BTC traders are waiting for the next significant movement in either direction, as acknowledged by on-chain metrics provider Santiment.
Bitcoin Mining Are Thriving with Cheap Electricity in Argentina
Bitcoin miners are capitalizing on Argentina’s subsidized electricity. The incentive appears to give international miners a viable alternative. Therefore it attracts them to set up their mining facilities domestically.
Marathon Digital Shares Filing Details of its Purchased Miners and Cost
American Bitcoin mining firm Marathon Digital disclosed that it has ordered a total of 78,000 Antminer S19 XP from Bitmain Technologies in a bid to advance its position as a leading miner in the space.
Technical Analysis: Jasmy Coin Price Movements Indicate Bullish Potential
Jasmy Coin has breached its descending trend line and is currently near the 99-day MA. If it sustains above these levels, it could set the stage for a bullish trend, offering lucrative returns for traders and investors.
StartmeupHK Festival 2022: A week-long showcase of Hong Kong’s dynamic and thriving startup ecosystem
(Hong Kong, 9 August 2022 The annual StartmeupHK Festival return s in a hybrid format on 5 10 September following last year’s success Curated
SandStorm Launches On-Demand Metaverse Builds with 5 Virtual World Partners
The largest metaverse builder community SandStorm has launched its self-serve build proposals, making it easier for brands to hire on-demand builders. SandStorm is a builder marketplace that currently spans 5 virtual worlds and eventually plans to expand across the entire open metaverse.
Bitcoin on Track to Break $40,000 Resistance as About $1.1B Positions in Crypto Gets Liquidated
Bitcoin is on track to break through the $40,000 price level after receiving several bullish fundamentals over the weekend. BTC has gained a huge pace at its price, forcing over a billion liquidations in the market.
GRNGrid secures 50 million USD investment Commitment from GEM Digital
The GRN Association announced today that it has secured an investment totaling $50M for the GRNGrid project from GEM Digital Limited, a venture capital focused on digital currencies.
MahaDAO Shares Details of Staking Program That Delivers 40% APY
MahaDAO, the crypto collateralization and valuecoin minting protocol, is to launch a staking program for its native governance token. Holders of MAHA, which was issued to the community in an Initial DEX Offering (IDO) last week, will be able to stake their assets for a 90-day period and earn a yield of close to 40%.
Find the Way to Solve Liquidity Problems at The Conference. Exchanges
One of the most important parameters for any asset is its liquidity. After all, if you can’t realize the asset - it’s virtually worthless. And despite all the effort, cryptocurrency today cannot compete with fiat money in terms of liquidity.
Bangkok to Host NEXT BLOCK ASIA 2.0 “Affiliate Marketing in the Age of Crypto” This December
NEXT BLOCK ASIA returns to Bangkok for another landmark Crypto and Affiliate industry event on December 3, 2019.
Former TikTok Gaming Head Launches Blockchain Gaming Startup Meta0
Jason Fung, the former head of short video giant TikTok’s gaming division, launched a blockchain gaming startup called Meta0 as CEO and has completed its first round of financing.
Unchained Partners with Build Asset Management for Bitcoin-Backed Credit Fund
Unchained, a bitcoin financial service provider, has partnered with Build Asset Management to invest in Unchained loans. The partnership aims to unlock the value of bitcoin for borrowers. Unchained's lending division has a 170% surge in Q1-2023, despite the 2022 crypto market contagion and bitcoin's 65% value drop.
BlackRock and SEC Discuss iShares Bitcoin Trust Listing on Nasdaq
The SEC is reviewing multiple proposals for iShares Bitcoin Trust's listing as a spot Bitcoin ETF on Nasdaq, marking a significant step in mainstream cryptocurrency acceptance.
Blockchain Startup 5ire Secures $100m in Series A Funding
Fifth-generation blockchain ecosystem 5ire from India has secured $100 million in Series A funding from UK conglomerates Sram and Mram.
Simplify Asset Management Files Application of the "MAXI" Bitcoin ETF
According to filings with the U.S. Securities and Exchange Commission (SEC), a Registered Investment Adviser Simplify Asset Management filed the application for Simplify Bitcoin Strategy Risk-Managed Income ETF under the ticker symbol MAXI.
OKX Receives Virtual-asset License in Dubai, Stablecoins Trading Goes Live on OKC Chain
Cryptocurrency platform OKX gets Virtual-asset License from Dubai's authority. The exchange also launched stablecoins trading options for their investors.
Tether Says No Chinese Commercial Papers Holding on its Reserve
Tether Holdings Ltd, the USDT stablecoin issuer, has once again rebutted growing rumours about the composition of its reserve base. The issuer said they have no Renminbi holdings on its reserve.
Visa New Crypto Consulting Services to Promote Mainstream Development of Cryptos
Payment giant Visa said that it will launch a new consulting service focused on the cryptocurrency field to help customers gain a deeper understanding of cryptocurrencies.
ARK Invest Sells Portion of Coinbase Shares
Investment firm ARK Invest has sold a portion of its Coinbase shares in 2023, accounting for 23% of its March acquisitions and 9% of all shares bought this year. The remaining 1.6 million shares are valued at over $132 million. Coinbase stock has risen to multi-month highs alongside Bitcoin, which hit nine-month highs above $28,000 on March 22.
4 Reasons Why Bitcoin Rises While the Crypto and Stock Markets Drop
Why does the Bitcoin price continue to rise as the stock market, as well as the overall crypto market experience a drop? Here are four reason why Bitcoin is different.
Crypto Mining Firm EZ Blockchain Launches Low-Emission Custody Hosting Service
Crypto miner EZ Blockchain will be promoting its low-emission custody all-inclusive hosting service at the Mining Disrupt conference in Miami, July 26-28.
U.S. Should Align Itself with Digital Assets to Safeguard its Interests, Says Chainalysis Founder
During a Senate hearing, Chainalysis founder Jonathan Levin opined that the U.S. ought to prioritize and invest in digital assets to get the upper hand when enhancing financial transparency, public safety, and national security.
Tether CTO Asserts $XAUT as the Digital Resurgence of the Gold Standard
Paolo Ardoino, Tether's CTO, recently discussed the role of Tether Gold ($XAUT), Bitcoin, and gold in the evolving economic landscape.
May 6: You Snooze You May Not Lose
$9,000 continues to pin Bitcoin down, leaving it to trade in a narrow $300 range for the past 48 hours. Eethereum also rather lackluster, having traded poorly relative to BTC in the last few sessions as halving looms.
Paxful CEO: COVID Economic Measures Add Fuel to Peer-to-Peer Bitcoin Renaissance in India
As the impact of the coronavirus pandemic continues to steer Central banks and monetary policy into new and creative directions, the market outlook has been drastically altered to view alternative assets such as Bitcoin as legitimate safe haven assets. Recent developments with the Reserve Bank of India lifting its crypto ban has also triggered a wave of cryptocurrency buying in the emerging economic superpower, and Paxful has been right at its centre.
Bitcoin Price Breaks $10,000 Flirting with High Resistance of Supply – Understanding the Stock to Flow Model
Bitcoin has taken off this week, moving to $10,000 and firing up the market in euphoria. With only one week from halving, The Bitcoin price has now deleted all its coronavirus crash losses, up practically 40% since January 1st—and putting it on target to be one of the year's best performing resources.
Bitcoin Hit Lows of $42K, following the Liquidation of $2.2B in 12 Hours
Over the weekend, Bitcoin (BTC) plunged to lows of $42,000 based on massive liquidations. Variant Omicron strain and overleveraged market were attributed to this round of chain liquidations.
Andre Cronje Proposes Framework to Bolster Security for Community and Meme Coins
Crypto pioneer Andre Cronje outlines a new strategy for launching community and meme coins, aiming to enhance investor protection.
Brexit Border Issues Solved by Blockchain? The EU Has Doubts
ELAND, a consortium of border security professionals, IoT experts, and haulage industry professionals, have come together with a plan to use blockchain technology to track cross-border trade after the United Kingdom leaves the European Union.
Australia Announces 'Token Swap' Campaign to Accelerate Crypto Regulation
Australian federal government will implement a “token mapping” exercise to inform future regulation of the country’s crypto assets, laying the groundwork for “determining how crypto assets and related services should be regulated.”
Federal Reserve FOMC Meeting Inflation Targets Might See Bitcoin Price Retest $10,400 Resistance
Bitcoin traders await the Federal Reserve’s upcoming policy meeting on Wednesday to hear how the United States central bank will enact its inflation policy.
New York Seeks to Stop Bitcoin Mining For 3 Years Until Environmental Impact Assessment Done
A new bill could force crypto firms to halt their Bitcoin mining activities in New York state.
Russian Finance Ministry Compromises, Willing to Take Crypto Suggestions from Central Bank
Russia's finance ministry has said that it is willing to take suggestions on cryptocurrencies from the country's central bank but they should not clash with their approach.
EU Plans to Bar Interest Payments on Deposits in Stablecoins
Patrick Hansen, the head of Strategy at DeFi startup, Unstoppable Finance, said the expected MiCA bill could come as early as this month’s ending.
Berkshire Hathaway Vice Chairman says Bitcoin Is Disgusting
Charlie Munger speaks ill of Bitcoin, coming off as the latest billionaire to criticize the cryptocurrency amid its ongoing bull run.
Philippines Warns the Public on Bitcoin Scammers Posing as Government Officials
Finance ministry of the Philippines Government has alerted the public about false information that fraudulently uses the name of Secretary Carlos Dominguez III to promote a fake crypto trading platform recognized as “Bitcoin Revolution”.
Fantom Foundation Lowers Staking Threshold to 50,000 FTM
Fantom Foundation has reduced its validator staking requirement from 500,000 FTM to 50,000 FTM, aiming to boost network security and accessibility, following a June 2023 governance vote.
Abra's CEO Confirms 50% of His Investment Portfolio is Now in Bitcoin
Abra's CEO Bill Barhydt has revealed that approximately 50% of his investment portfolio is now in Bitcoin (BTC).
'Small Number' of Crypto Firms Gain Temporary License from FCA
A "small number" of cryptocurrency companies in Britain have received an extension of temporary licences ahead of the April 1 deadline from the country's financial watchdog.
US Dollar Losses in 2020 Not to be Recouped in the Coming Year, Making the Case for a Bitcoin Rally
Bitcoin has been holding steadily around $10,738 at press time, as the stock market continues to recover and see gains.
G7 Inks New Taxation Deal, What is in it for Crypto Firms?
G7 has entered a new Tax arrangement that may impact crypto companies operating globally.
How Do I Sell Dogecoin on Cryptocurrency Exchanges
Recently, a large number of cryptocurrencies have experienced a price plunge, including Dogecoin. If your purpose for being here is to answer how do I sell Dogecoin, it is expected.
Bitcoin Retreats to Around $30k: Decoding the Technical Indicators and Regulatory Factors
In today's market developments, Bitcoin has retracted to around $30k, weighed down by various technical factors and a series of recent regulatory interventions.
Double Bottom Pattern Playing Out in the Bitcoin Market, Is $50K in Sight?
A double bottom pattern continues to play out in the BTC market because the leading cryptocurrency has remained steadfast above the psychological price of $40,000 for the past few days.
BlackRock to Boost Crypto Access Points through Partnership with Coinbase
BlackRock, the globe’s largest asset manager, has teamed up with crypto exchange Coinbase to provide institutional investors with new crypto access points.
Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance
The New York-based investment company, Wilshire Phoenix has filed the s-1 registration statement with the SEC for a publicly-traded Bitcoin fund in accordance with regulatory requirements.
Celsius Gets Green Light from Bankruptcy Judge for Bidding Plans
Celsius Network has received an ok sign from a federal bankruptcy judge for bidding procedure plans. The next step will include setting up a schedule in motion which could see the platform's assets sold by the end of the year.
UTXO
UTXO stands for An Unspent Transaction Output. It is one of the key concepts in bitcoin design and it is closed related to modern "payment, settlement, clearance" process in financial system.
Bitcoin Miners Have Transformed to Holders and Buyers Since 2020
Bitcoin miners have emerged as notable holders and buyers in the crypto space, which signifies a behavioral change.
Bitcoin Users Have Bigger Problems Than Recent Twitter Scam
The recent spate of Twitter scams appears to indicate that Bitcoin users will face even more sophisticated and devastating attacks in the future.
UK Financial Regulator Reveals: 1.9 Million British Adults Own Cryptocurrencies
The Financial Conduct Authority (FCA) in the UK reported that 1.9 million adults own cryptocurrencies, representing 3.86% of the general population. The regulator also noted that 75% of them hold crypto worth less than £1,000, approximately $1,230.
Business of Design Week 2020 Summit Concludes First Hybrid Live Edition Captures Trends Redefined by World’s Top Creative Minds for the Post-pandemic Era
Business of Design Week (BODW), Asia’s annual flagship event on design, innovation and brands held its 2020 edition from 30 November to 5 December.
Is Fed’s Interest Rate Hike the Biggest Impediment to Bitcoin’s Bullish Outlook?
With speculations high that the Federal Reserve (Fed) will increase the interest rate by 75 basis points (bps) on June 15 to tame inflation, this might dent Bitcoin’s bullish outlook as the leading cryptocurrency continues to trade at an 18-month low.
CryptoExchange.com Review - Is it the best Bitcoin Escrow Service?
CryptoExchange.com is an exchange, marketplace, and escrow service built to help facilitate cryptocurrency transactions.
Crypto Miners Allege Chinese Bitcoin Mining Giant Delivered "Defective" Product
Ahead of Bitcoin’s much-awaited halving event on May 12, a group of miners alleged Bitmain’s latest “Antminer” deliveries were defective and led to losses for investors.
ARGOS ID presents the World’s First Travel Rule Solution for Unhosted Wallets
ARGOS ID is delighted to introduce the world’s first Travel Rule solution for crypto wallets. The service brings full coverage on verifying unhosted wallets which virtual asset service providers(VASPs) find challenging in the current stage.
Coinbase Wallet Rolls Out Support for NFTs
Nasdaq-listed digital currency trading platform Coinbase Global Inc has expanded the support for its self-custody wallet to include NFTs.
NEO Joins .NET Foundation as the First Blockchain Member
.NET Core is an open-source and cross-platform version of .NET that is maintained by Microsoft and the .NET community on GitHub and is now joining forces with crypto giants NEO.
Italian Soccer Giant Juventus Embraces Blockchain Technology
In a move widely celebrated by fans, Juventus Football club of Italy enters into a licence agreement with blockchain based fantasy football company, Sorare.
Bitcoin Price and the Stock Market to Decouple Soon, says On-Chain Analyst
Bitcoin’s price action with the stock market, including the S&P 500 has been highly correlated, however, the end could be near.
Crypto Gains Flattens But These Altcoins Are Set to Cool Off
Per the top 100 cryptocurrencies listed on CoinMarketCap, Aave (AAVE), Quant Network (QNT), and Convex Finance (CVX) recorded the most bullish growths within this time frame
Twitter Rolls Out Bitcoin Price Quotes
Twitter has added Bitcoin price quotes to its social media platform, powered by TradingView. A link to Israeli cryptocurrency exchange eToro is also included, where users can buy or sell Bitcoin.
Fiat Exchange Volumes Down 5 Times in a Row: The Block
Fiat exchange volumes fell for the 5th time in a row as Sept ended. Among crypto exchanges that support fiat, FTX ranked highest in terms of volume in Sept with 24.6%, followed by Coinbase with 22.7 % and Upbit with 13%.
Brazil's largest private bank Launches Crypto Trading Platform in Brazil
Brazil's largest private bank, Itaú Unibanco, has launched a cryptocurrency trading service, offering Bitcoin and Ethereum trading, with plans to expand further.
Bitcoin Economy Gives El Salvador Village Hope Amidst COVID-19
Despite being heavily impacted by the COVID-19 pandemic, a small beach town in El Salvador, dubbed El Zonte, have strived to keep their economy afloat with the integration of Bitcoin as a digital currency.
EU Approves Brazilian Crypto Asset Management Firm Hashdex to List ETP Products
Brazil-based global digital asset management company Hashdex announced on September 1 that it has been approved to list its exchange-traded product (ETP) in the European Union.
Permissionless Blockchains fit the Business World's Needs
R3 CTO Richard Brown recently published an interesting article. Among other issues, the story states explicitly permissionless blockchains have probabilistic confirmation of transactions. We want to clarify several parts of this problematic statement by describing how Concordium solves some of the challenges for Permissionless Blockchains.
MicroStrategy Announces $600 Million Convertible Senior Notes Offering to Buy More Bitcoin
MicroStrategy, the business intelligence firm led by Michael Saylor, has announced plans to offer $600 million in convertible senior notes to qualified institutional buyers, with the primary goal of using the proceeds to acquire more Bitcoin for its treasury reserves.
Pressure Piles Up on BitMEX as Recent Outage Exposes Network Holes
Once branded a “Bitcoin casino," BitMEX has plunged into a series of crises over the last few years. The crypto exchange found itself trending on Twitter in the US recently because of the recent shutdown. BitMEX announced that its trading engine went offline for over an hour because of an incident, which the exchange identified as a “major outage."After some investigation, the exchange later announced that that platform restored its online operations. Such outage of BitMEX’s trading engine is the latest in a series of negative circumstances facing the exchange. Currently, as Bitcoin price hits $10,000, the major outage has prompted warnings that the exchange is becoming increasingly unreliable. The outage left customers unable to access their funds.
Utrust Joins Hand With Alternative Airlines To Ensure Secure Crypto Payments For Users
Utrust, a blockchain-powered payment technology that enables online businesses to accept cryptos.
Blockchain Analytics Firm Elliptic Extends Monitoring Solutions to Cover Binance Chain and BNB
Blockchain analytics firm Elliptic recently extended its crypto risk monitoring solutions today by adding the Binance Chain and Binance Coin (BNB).
HKEX Set to Build Digital Trading Platform this Year
The Hong Kong Exchanges and Clearing (HKEX) is set to establish a digital trading platform this year in a pilot version as part of its comprehensive strategy, the bourse announced.
Top 3 Coins to Watch this Week: BTC, AVAX and MATIC
Amid a dramatic twist and turns that we may witness this week, here is a highlight of the top three coins to look out for this week.
Bitcoin Price Will Hit $20,000 in 2020? Not Even Close Says Peter Schiff
Bitcoin has been having a good year and a very strong price showing since the Black Thursday stock market crash in March.
FinFabrik and Chekk sign MOU to live and breathe KYC into digital assets investment
FinFabrik is pleased to announce that it signed a Memorandum of Understanding (MOU) with Chekk to integrate Chekk’s KYC capabilities to its market infrastructure “CrossPool”, enabling financial institutions in private markets to grow new digital asset businesses powered by distributed technology.
Solana Joins BTC, ETH on Bloomberg Terminal
Solana (SOL) becomes the third cryptocurrency after Bitcoin and Ethereum to be added on Bloomberg terminals.
India’s Finance Minister Says Crypto Ban May not Happen and Government May Experiment with New Technologies
India’s Finance Minister, Nirmala Sitharaman, has revealed that the government is not intending to completely ban cryptocurrencies.
Fidelity Report: Reflexivity and Investor Sentiment are Main Factors Influencing Bitcoin Price
Fidelity Digital Assets just released a report on Bitcoin's role as an alternative investment indicating almost no correlation with traditional markets. So what drives BTC's price?
British Farmer Attempted £1.4M Bitcoin Extortion from Tesco by Contaminating Baby Food
Nigel Wright, a 45-year-old sheep farmer from Lincolnshire, England, has been accused of trying to extort Bitcoin worth £1.4 million, approximately $1.8 million, from retail giant Tesco. He made this blackmail to reveal the Tesco stores he had planted the contaminated baby food.
US SEC Delays Decision on Valkyrie Bitcoin Spot ETF Proposal Until 2022
The SEC has delayed its decision on the Valkyrie Bitcoin Fund until January 2022.
Grayscale CEO challenges SEC's denial of application
If GBTC becomes a spot BTC ETF, Grayscale Investments CEO Michael Sonnenshein stated investors will get a "few of billion dollars" back.
US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms
The US Supreme court has limited the amount in punitive fines that the US Securities and Exchange Commission (SEC) can impose on cryptocurrency and blockchain firms, in a historic ruling yesterday.
Standard Chartered Research Head Sees Depreciating US Dollar as Perfect Storm for Emerging Assets
The United States dollar is facing significant depreciation following the US elections according to Standard Chartered Bank’s Head of Research.
Federal Reserve Considers a FEDcoin in Wake of Rising Stablecoin and CBDC Development
Federal Reserve Governor, Lael Brainard said that the Fed is weighing the developments and policy issues in the digital payments sector and experimenting with central bank digital currencies (CBDC) in consideration of potentially issuing it own digital currency.
Blockchain and IoT: Transforming Hong Kong into a Smart City
Blockchain and IoT: Transforming Hong Kong into a Smart City
Peter Schiff Criticizes Sequoia Capital's Employee BTC Plans, Says It's An Attempt to "Sucker in Buyers"
Bitcoin's price downtrend has caused Peter Schiff to criticize Sequoia's employee remuneration scheme based on Bitcoin.
Intel Launches Second-Generation Bitcoin Mining Chip ‘Blockscale’
Intel is keen on introducing the most efficient blockchain mining chips that enable more energy efficiency and a lightning-fast mining experience.
Regulated Stablecoins Likely to Remain in Use by 2030
A panel of digital regulatory experts at the World of Web3 (WOW) Summit in Hong Kong discussed the future of regulated stablecoins. The group concluded that regulated stablecoins are likely to remain in use by 2030 and that their growth rate in the market supports this idea. The panelists acknowledged the growth of the crypto industry and emphasized the importance of both centralized and decentralized approaches to digital assets.
Filecoin Creator Dismisses Miners Strike and says the Allegations are “Nonsense”
Filecoin creator, Juan Benet recently took it to Twitter to deny the allegations against the protocol’s miners’ strike one day after its launch.
BlackRock's Strategic Shift: Layoffs Amidst Bitcoin ETF Anticipation
BlackRock Inc plans to lay off 600 employees, following a similar pattern from 2023. Meanwhile, it eagerly awaits the SEC's decision on its Bitcoin ETF application, a potential game-changer in the crypto market.
NFT Wash Trading Volume Surges to $580M Across Top Six Marketplaces
NFT wash trading has surged for the fourth consecutive month, with a total volume of $580 million across the top six marketplaces, according to a report from CoinGecko. The report attributed the rise in volume to the overall recovery of NFT marketplace trading, which reached $1.89 billion in February.
SEC Delays Decision on Spot Bitcoin ETFs Due to U.S. Government Shutdown Concerns
SEC delays spot Bitcoin ETF decisions due to U.S. government shutdown concerns, adding uncertainty to the cryptocurrency market. Decision expected by mid-March
Ethereum Upgrade Raises Concerns as Bitcoin Dominance Continues
Ethereum's Shanghai upgrade has led to concerns among investors, particularly regarding a potential sell-off of tokens unlocked after the upgrade, causing uncertainty in the market. Meanwhile, Bitcoin's dominance rate continues to rise and is currently at the highest level since July 2021.
Want Bitcoin's Price to go up? Bet on People, Not Inflation
We can't predict how the global financial situation will play out, nor how government interventions will affect international financial systems. If all you care about is the price of bitcoin, focus on people, not monetary policy.
President Biden Assets: Debt Deal Will Not Shield Crypto Traders
In a significant announcement on the last day of the G7 summit, President Joe Biden took a firm stance against the protection of "wealthy tax cheats and crypto traders" while potentially jeopardizing food assistance programs.
Bitcoin Network Transacts a Whopping $8.9 Billion in a Single Hour
The Bitcoin network has reached an unprecedented level in terms of chain volume as it transacted 8.9 billion in one hour. Rafael Schultze-Kraft, Glassnode’s co-founder, ascertained that this movement made history because it was the highest hourly volume of Bitcoin to be recorded in its 11-year existence.
Coinbase Cuts Employees By 18% as Market Outlook Remains Bleak
CEO Brian Armstrong has announced that approximately 18% of all of Coinbase Global Inc’s workforce will be laid off as the cryptocurrency trading platform strategizes to navigate the now evident crypto winter.
Coinbase Finally Files IPO with SEC—Is Brian Armstrong a Capitalist or Cypherpunk?
The Coinbase Initial Public Offering (IPO) has finally been filed and now awaits the review and approval of the Securities and Exchange Commission (SEC).
Bitcoin Prepares to Revisit $32,000 Support Level Before Retracing the Bull Market
Bitcoin may see a decline in search for a support barrier that may kick-start a rally.
Coinbase's Legal Chief Fires on SEC's Crypto Regulation Approach
On July 8, Paul Grewal, the chief legal officer of Coinbase, tweeted a number of times about his displeasure with the Securities and Exchange Commission's (SEC) approach to cryptocurrency regulation.
Institutional Investors Pump $429 Million Into Crypto as Bitcoin Steals the Show
In the past one week, institutional investors pumped a whopping $429 million into crypto funds and products, with GrayScale taking the bulk at $336.3 million.
Can the Bitcoin Price Retake $40,000 after BTC Breaks Key Resistance?
The Bitcoin price saw a bullish breakout above the $35,000 resistance for the first time since Elon Musk sent BTC soaring to $38,000 with his support for the crypto last week.
Bitcoin Should Breakthrough $44.5K Level to Create Higher High
Having broken the high resistance level between $38,000 and $40,000, Bitcoin needs to shatter the $44,500 area so that a higher high can be created for a sustained upward momentum.
Klaytn Adds Huobi to Growing Blockchain Governance Council
Klaytn has announced that Huobi has signed on as the latest member of its Governance Council for South Korean internet giant Kakao’s public blockchain project.
FTX Denies Rumours of Merging between Alameda Research and FTX VC
Sam Bankman-Fried, founder and CEO of cryptocurrency exchange FTX, has denied reports that his two companies, FTX ventures and Alameda Research, are merging venture capital operations.
Morgan Stanley Becomes First US Bank to Offer Bitcoin Funds to Its Clients
Morgan Stanley is offering its clients access to Bitcoin (BTC) investments.
Coinbase Lands in Japan, Pairing with Mitsubishi UFJ Financial Group to Expand Crypto Trading
US cryptocurrency exchange Coinbase announced partnered with Japan's largest bank Mitsubishi UFJ Financial Group (MUFG), to expand cryptocurrency trading in Japan.
Jennifer Robertson to Pay $12 Million CAD in Quadrigacx Settlement
The death of Gerald Cotten, founder of Quadrigacx, a once reputable cryptocurrency exchange in Canada took the world by surprise. More surprising is the position taken by his widow, Jennifer Robertson, who will liquidate personal assets to cover customers' losses.
Making Sense of the Cryptocurrency Market as a Beginner
The cryptocurrency industry can be a daunting place for beginners. Given the breakneck pace of development, sheer number of cryptocurrencies, and staggering wealth of information available, it’s not easy to keep up.
South Korea Crypto Sector Face Headwind over Stricter Legal Regulations Challenges ahead
Crypto sectors and retail investors face a tough time as the finical regulators in South Korea are about implementing tougher and stricter administrative measurements to supervise the crypto industry.
Acting OCC Comptroller Urges Regulators to Collaborate with Crypto Intermediaries
Michael J. Hsu, the Acting Comptroller of the Office of the Comptroller of the Currency (OCC) has advocated that regulators should collaborate with major crypto intermediaries in order to get a grasp of how the ecosystem functions.
California Governor Gavin Newsom Warns Bitcoin Scams are Targeting Public In COVID-19 Market
In his official address, Gavin Newsom California governor cautioned the public against individuals asking for advance payment in Bitcoin with the promise of delivering essential commodities.
China Could Be Using Bitcoin as a Financial Weapon Against the US, Says PayPal Co-Founder
Peter Thiel is worried that China could be using Bitcoin to undermine the US.
Crypto Investors Looks More Attractive and Desirable on Dating Apps, Survey Shows
A study shows that crypto investors could be more attractive or competitive in the dating market, but it might not be a good choice to choose NFT as your profile picture.
Crypto Community Braces For Altcoin Explosion As Bitcoin Smashes New ATH
As Bitcoin surged to a new all-time high, there is a growing expectation for altcoin season to commence as new retail investors flock to cryptocurrency.
Japan to Introduce Corporate-friendly Crypto Tax Law in 2023
The Japanese government proposes a new crypto tax law that will be introduced in 2023 for companies.
Azuki's Twitter Account Hacked, Over $750,000 Stolen
Azuki, a popular nonfungible token project, had its Twitter account hacked, stealing almost $750K in USDC in 30 minutes.
Columbia Man Pleads Guilty to Bitcoin Dark Web Chemical Weapon Purchase
A 45-year-old man from Columbia, Missouri pled guilty yesterday in a US federal court to one count of aggravated identity theft and one count of attempting to acquire a chemical weapon—via the dark web using Bitcoin.
DeSo is Elon Musk and Jack Dorsey’s Answer for Decentralized Social Blockchain
The DeSo Foundation announces the release of their ambitious roadmap to decentralize social media and build The Social Layer of Web3. Milestones on the roadmap will be executed over the next 2 quarters to solve the major problem with social media today.
Is Blockchain the New Frontier for Human Sexuality?
To paraphrase Sinatra's classic song, sex and technology go together like a horse and carriage. This piece examines the possibilities that blockchain technology offers in the realm of human sexuality.
Coinbase Landed Patent for a New Compliance System to Root Out Non-Compliant Accounts
US cryptocurrency exchange Coinbase has been awarded a new patent from the US Patent and Trademark Office for an automated system to flag and remove non-compliant user accounts.
Moscow Exchange Drafts Bill to Offer Digital Financial Assets and Securities Trading
According to local media reports, Russia’s Moscow Stock Exchange (MOEX) is drafting a bill aimed at making digital assets available for trading on the stock exchange as securities and directly as digital financial assets.
What Will Cryptocurrency Speeds Look Like in 2020?
Each year, more people are converted to the benefits of cryptocurrency. Some are spurred to make the change from traditional fiat currency based on the security and safety features that are present in the blockchains. Others are increasingly convinced it's the future of finance by the transaction speed that cryptocurrency offers.
Bitcoin Addresses Holding Between 100 and 10,000 BTC Hit a 7-Week High
BTC addresses holding between 100 and 10,000 BTC have been on a spending spree, given that they have added 90,000 BTC to their portfolio, as acknowledged by on-chain metrics provider Santiment.
New Zealand Investigates Second Auckland Church Over OneCoin Scam Links
The Department of Internal Affairs (DIA) in New Zealand is probing the second church in Auckland over allegations that it is linked to OneCoin, a ponzi scheme promoted as a cryptocoin with a private blockchain which has been red flagged as a scam.
Western Australian Police Force Seized 1.5 Million Worth of Crypto in a Drug Investigation
The Australian Border Force (ABF), the Western Australian Police Force announced that the team has arrested a 27-year-old man and a 25-year-old woman over drug probe, seizing and frozen an incredible amount of 1.5 million worth of cryptocurrency found in the electronic device held by the culprits.
Bitcoin Price is Ready to Break $10,000—Here’s Why
Bitcoin’s price at $10,000 can hardly be seen as a support level. Let’s take a look at a few major factors that led to Bitcoin’s market crash.
Ex-Coinbase Ventures Lead to Join Core Team at Synapse
Following successful stints at crypto firms Coinbase and Dharma, Max Bronstein has joined DeFi-focused company Synapse.
Bitcoin Becomes the “Ultimate Safe Haven” as BTC Fights Off Stock Correlation, says Anthony Pompliano
Anthony Pompliano said that Bitcoin could not be more correlated to the stock market than it is now while citing Santiment’s tweet.
Ether Surges Ahead of Bitcoin and Sets the Record for 2020
Ether underwent a 20% surge, and the increase in pricing can be attributed to the rising popularity of DeFi applications and the resulting number of dividends pay-outs.
UK Treasury Doubles Down on Stablecoin Regulations in New Bill
Zahawi presented the Financial Services and Markets Bill to the members of Parliament on Wednesday with a proposal to regulate stablecoins and "digital settlement assets" as a form of payment assets in the UK.
Cardano Now the Biggest Proof-of-Stake Network as ADA Flips Polkadot (DOT) to Become 7th Top Crypto
The total amount staked on Cardano (ADA) has officially surpassed that on Polkadot (DOT), making Cardano the largest proof-of-stake network as of now.
COINNEWSEXTRA AND GLOBAL POLICY HOUSE TO HOST FIRST UNPRECEDENTED CBDC CONFERENCE IN AFRICA
One of the best gift possessed by humans is the ability to adapt to change. Little did we know that the global COVID-19 pandemic was going to deprive us of our regular mode of living, here we are today with several months of stay at home with many organisations and people pivoting into the digital economy. The immense impact of the COVID-19 pandemic has severely affected the whole world with developments changing frequently. However, digital innovations and technology solutions have been deployed to respond urgently to these changes, This has led to a notable increase in demand for online transactions, resulting in a significant shift from cash to digital payment methods.
Bitcoin and Cryptocurrency Websites Take a Hit as Security Giant Cloudflare Suffers Major Internet Outage
Website security company Cloudflare underwent connectivity problems on Sunday, taking down a dozen of cryptocurrency websites with it.
Solana NFT Platform Magic Eden Moves To An Optional Royalties Method
Solana-based NFT platform Magic Eden announced on Saturday it's opting for an optional royalties method for its users.
Crypto, Tax, and the IRS: The Good, The Bad, and The Downright Ugly
The IRS wants a piece of your crypto, and the agency is sending letters to thousands of taxpayers who may have failed to declare profits from crypto deals. Question is, is the IRS entitled to what it's asking for?
Kraken to Delist Monero in UK as Crackdown on Privacy Coins Takes a New Twist
Kraken has shared details of its plans to delist privacy coin Monero in the United Kingdom by the end of November 2021, as exchanges scramble to adhere to local regulations.
Prove Anything Announces Strategic Partnership With Ruby Protocol To Bring Forward Private Data Management Framework For Web 3.0
Prove Anything aims to strengthen and reshape the existing consumer market by creating simplified tools for businesses and consumers to enter the web3.0 space with Ruby Protocol Functional Encryption.
Grammy Winner John Legend to Launch Music NFT Platform Called OurSong
12-time Grammy winner John Legend will launch a music NFT platform called OurSong for musicians and entertainers.
Bitcoin's Winning Streak Finally Comes to an End
Bitcoin lost its two-week streak. Jan. 18 saw BTC's first red candle. The U.S. Department of Justice statement earlier in the week seems to have caused the price drop.
Bitcoin Miner Digihost Under Risk of Delisting from Nasdaq
Crypto miner Digihost is under scrutiny and has been threatened with getting delisted by Nasdaq for trading below $1 for 30 consecutive days.
Binance Exchange Stacks Bitcoin as Prices Fall Below $20,000
Binance cryptocurrency exchange, unlike any other may be taking advantage of the current market crash to top its Bitcoin (BTC) bag
Binance-led Investors to Rescue Victims in Ronin Hack
According to Reuters, the Crypto Exchange Binance said on Wednesday that the "bridge" hacker who was previously called RONIN was rescued for assistance.
OMG Announces Kaiko to Expand Financial Instruments Global Identifier (FIGI) Standard for Crypto Assets
BOSTON, MA – JANUARY 20, 2021 - Financial Instruments Global Identifier® (FIGI®) is an open standard for the issuance of unique identifiers that can be assigned to financial instruments including common stock, options, derivatives, futures, corporate and government bonds, municipals, currencies, and mortgage products.
Institutional Bitcoin Adoption in Asia is Making a Big Step Forward
Bitcoin adoption in Asia is taking a new turn as more institutional investors are joining the network.
Coinbase Adds Near Protocol to Roadmap with NEAR Token Skyrockets
NEAR Protocol's native token, NEAR, surged after cryptocurrency exchange Coinbase added it to Coinbase's listing roadmap.
Binance Labs to Establish a Web3 Developer Community
On September 9, Binance’s official Twitter announced that its Binance Labs is planning to build a Web3 developer community, but the specific information has not been disclosed.
Bitcoin Trading Guide- Important Steps for Beginners
Bitcoin adoption and popularity are growing by the day. And as the price of Bitcoin continues to make significant moves, traders can make more profits and faster. Bitcoin trading mechanics are straightforward.
Bloomberg: Crypto Saw more Funds in 2021 than all Previous Years Combined
More funds have been invested in the cryptocurrency industry in 2021 than in the past 10 years combined, according to Bloomberg.
EIDOS Token Airdrop Causes Congestion Problem in EOS Blockchain Network
Blockchain congestion is a serious issue in the cryptocurrency industry. Several networks suffer from this problem regularly.
IRS Announces New Tax Payment Guidance on Cryptocurrencies
The controversial nature of the acceptance of cryptocurrencies is now more tilted to the positive end where world government now deem it fit to establish guidelines to tax cryptocurrency holders.
US SEC Postpones Approval of Grayscale's GBTC to Spot BTC ETF Product
The United States Securities and Exchange Commission (SEC) has once again postponed the approval of the proposal from Grayscale Investments to convert its flagship Bitcoin Trust (GBTC) into a spot Non-Fungible Token (NFT) product.
Blockchain Solution in Healthcare: Google Secretly Collects Health Data From U.S Patients
Blockchain provides a fourth model that can enable secure sharing of lifetime health data across providers and business partners. The use of blockchain is a potential solution to the case associating Google to have reportedly collected medical data from U.S patients in secret.
LUNA and UST Crash Could Have Been Averted if Bitcoin Reserves were Used Earlier, Binance CEO Says
The collapse of LUNA and UST, the native tokens of the Terra network, could have been avoided if the Luna Foundation Guard (LFG) had used its Bitcoin reserves earlier, according to Binance CEO Changpeng Zhao (CZ).
Billionaire Ray Dalio believes that fiat is in jeopardy
A Bitcoin admirer said the billionaire is close to "really understanding Bitcoin."
Ethereum Tests $2,000 before Retreating for the First Time since May 31
Ether rose 2% to $2,030.50, topping $2,000 for the first time since May 31, as investors are looking forward to the upcoming Merge upgrade of ETH in September with a positive sentiment.
Crypto Payments Operator RocketFuel Grants Approval of VASP License in Denmark
Crypto payments operator RocketFuel has announced that its subsidiary has been granted approval as a Virtual Asset Service Provider (VASP) by the Danish Authority to run a cryptocurrency exchange.
Circle Integrates zkSync for USD Coin
Circle has integrated Ethereum's zero-knowledge layer-2 solution zkSync into its native stablecoin, USD Coin, enhancing transaction processing speed and preserving Ethereum's foundational values, thereby expanding its availability in the Ethereum layer-2 ecosystem.
Despite Price Battery, Bitcoin Still Ranks as One of the World’s Most Valuable Assets
Is Bitcoin still in line to rank above Gold as the world's most valuable asset by market cap?
JPMorgan Backs Bitcoin to Rise 28%, Saying Cryptos are Preferred Alternative Asset
In its latest report, JPMorgan gives Bitcoin a higher valuation. The bank is also more bullish on cryptocurrencies than other traditional financial assets.
Circle Plans to Increase Workforce by 15-25%
Circle's $42 billion USDC is the second-largest stablecoin behind Tether's USDT.
CoinFund: Worldcoin Could Onboard Billions of Users into the Crypto Economy
CoinFund backs Worldcoin's mission to prove digital human uniqueness, aiming to bring billions of users to the crypto economy via fair asset distribution.
Crypto is Becoming the Lifeline for Ordinary Russians, Coinbase CEO Says
Meanwhile, as the war between Russia and Ukraine ravages, Coinbase CEO Brian Armstrong believes that cryptocurrencies are emerging as the lifeline for Russians as the nation faces heavy sanctions.
S2F Creator PlanB Projects Bitcoin to Touch $100k in 2023
Stock-2-Flow (S2F) model creator, PlanB is highly optimistic that his model that projects Bitcoin’s price at $100,000 will come true latest by 2023.
Is Bitcoin Market Sentiment Shifting from Fear to Capitulation?
As Bitcoin (BTC) continues hovering around the $20K zone, market sentiment might be changing from fear to capitulation.
Sep 08 Trading Analysis: Be Long in the face of adversity...
I'm actually thinking that it could be a great opportunity to start accumulating BTC or ETH at these levels. Check these out:
Kraken Exchange Opens Waiting List for its NFT Platform
American digital currency trading platform Kraken has announced the waitlist for its NFT marketplace or platform.
US Customs Agency Seeks to Adopt Blockchain Technology to Track Oil Imports from Canada
With the advancement of technology, the importance of oil and gas resources in promoting global social and economic progress is rising.
Market Sees Broad Price Slump as Bulls Refuse to Hold the Forte
Bitcoin, Ethereum and the majority of altcoins are shedding off their price gains in the past couple of days
Taiwan’s Blockchain Startup XREX Completes $17M Pre-A Round Funding
Taiwan’s blockchain startup XREX has completed a pre-A round of financing, led by CDIB Capital Group, with $17 million in total.
American Bank Inks Deal with Bakkt, Offering Trading & Holding of Tokens
To offer customers the option of accessing Bitcoin and Ethereum using their bank accounts, American Bank has partnered with Bakkt.
Mysterious $1.17 Million Bitcoin Transfer to Bitcoin Creator Nakamoto Wallet
A recent transaction of 27 BTC to a Satoshi Nakamoto wallet has raised interest in the cryptocurrency community, particularly considering the Genesis Block's 15th anniversary. This event celebrates Bitcoin's history and raises questions about its future and originator.
Australian Senator Proposes Digital Asset Regulation Bill
Senator Andrew Bragg has proposed a Digital Assets (Market Regulation) Bill 2023 to regulate cryptocurrency services in Australia. The bill recommends stablecoin regulations, licensing of exchanges, and custody requirements to protect consumers and promote investment.
Shiba Inu On Track to Follow Dogecoin Rally Amid Musk's Twitter Buying
Shiba Inu has found success quickly and is currently the second-largest meme coin in the market. But its impressive performance appears related to Doge.
‘The SEC Has to Give its Decision: Yes or No’ to Bitcoin ETF Approval, says Bitwise
The Securities and Exchange Commission (SEC) previously set an Oct. 13 deadline for approving Bitwise Investments’ Bitcoin exchange-traded fund (ETF). With Bitcoin’s high volatility this year, its performance in 2019 remained bullish, although falling by over 20% in one week in September. Bitcoin reached its lowest level in July while hitting its high of over $11,000 in June 2019.
Bitcoin Miner Marathon Mined 979 BTC and Liquidated 700 in June 2023
In June 2023, Marathon Digital Holdings created 979 Bitcoin (BTC), increasing the year's total to 5,120 BTC.
MicroStrategy Adds Additional 2574 Bitcoins To its BTC Portfolio for $50 Million
Nasdaq-listed MicroStrategy Inc has made another move to shore up its Bitcoin portfolio by purchasing an additional 2574 BTC for $50million.
Bitcoin Futures Open Interest Hit ATH Again as BTC Price Soars by 900% Since 2018
Bitcoin futures open interest is back to all-time high once again based on the present price surge which has seen the BTC price gain over 900% since 2018.
Samsung to Expose Its Well-Crafted Blockchain Strategy In Annual Developers Conference
The electronics giant Samsung, according to a press release on September 2, has revealed its intentions to present it's blockchain-based corporate strategy next month at the annual Samsung Developer Conference 2019 in San Josè, California.
PayPal May Buy Digital Asset Custodian BitGo Following Crypto Market Entry
PayPal may be looking to penetrate the market further following its recent crypto payments announcement, rumors indicate the firm may buy digital asset custodian BitGo.
Elon Musk Says "Dogecoin Is The People's Crypto"
Elon Musk just declared that "Dogecoin is the people's crypto," sending the price of the cryptocurrency up by more than 53% in the past 24 hours.
2 Reasons Why Bitcoin Price Should Reclaim $34,000 This Week
Bitcoin plunged by over 16 percent to an intraday low of $27,678 on Monday before recovering above the $30,000 level. Here are two reasons to expect a further BTC price rally.
WeSleep Unveils its 'Sleepie' NFTs
Web3 app WeSleep has launched with the promise of daily rewards for users who pursue a healthy and active lifestyle. Dubbed a sleep-to-earn app, WeSleep utilizes clever tokenomics to incentivize positive behaviors.
Omega Secures $6M in Funding to Revolutionize Bitcoin and DeFi Ecosystem
Omega announces a $6M funding round to launch its decentralized infrastructure, aiming to redefine omnichain and Bitcoin DeFi without relying on traditional bridges or L2 solutions.
What Are NFTs? Learning How To Create And Sell NFTs
What is an NFT and how to create NFT artwork? Learn about NFT-artwork and how to turn artwork into NFT with 8biticon!
NYC Mayor to Receive 1st Paycheck in Crypto Converted via Coinbase
New York City's new mayor Eric Adams said that his first paycheck will be converted into Bitcoin and Ethereum via Coinbase Global.
Planet IX is Creating a New Framework for Esports by Implementing On-Chain Gaming
Planet IX, the biggest P&E & NFT project on Polygon, has entered into a strategic merger with a disruptive 3D art & gaming studio - ArcadeNFT. As part of the collaboration, Planet IX will be able to incorporate a much sought-after smart contract developed by ArcadeNFT.
VanEck Makes the Case for Institutional Bitcoin Investment
VanEck has outlined the case for institutional Bitcoin (BTC) investment in a report published on Jan. 29. According to the investment management firm, even a small amount of BTC allocation could improve a portfolio's upside.
Banxa | AAX Launch new Partnership
Banxa, the leading global on-and-off ramp solution for Web3, is pleased to announce a new partnership with AAX, the institutional-grade cryptocurrency exchange. Customers can now purchase crypto with fiat and vice versa with AAX using Banxa.
The No. of Non-Zero Bitcoin Addresses Hit a 6-Month High, amid Realized Volatility Drifting to a 1-year Low
Bitcoin has been attracting more participants, given that the number of non-zero BTC addresses reached a 6-month high.
Lattice Capital Injects $60M Venture Fund II for Crypto Projects
Crypto-asset venture capital firm Lattice Capital is launching a $60 million second fund and will invest $500,000-$1.5 million in early-stage blockchain projects or companies.
Amun AG Obtained Approval from Swedish Regulator for ETP Offerings in EU
Swiss crypto firm, Amun AG granted permission to market its exchange-traded products to several retails' clients within the EU. Cointelegraph has reported that this will help in expanding Switzerland's crypto offerings both globally and domestically.
Hong Kong Politician Seeks DeFi-Based Stablecoin CBDC
Hong Kong authorities are currently considering issuing a CBDC as a government-backed stablecoin. Wu Jiezhuang, a Legislative Council member of the Hong Kong Special Administrative Region, thinks converting e-HKD into a stablecoin will mitigate Web3 virtual asset concerns.
CoinFlex to Allow Users to Withdraw up to 10% of their Balance
According to Bloomberg News, CoinFlex will allow users to later withdraw 10% of their balance after suspending withdrawals last month.
Token Management Platform Magna Raises $15.2M
Magna has raised $15.2 million at a $70 million evaluation. The funding round for the token management platform was led by venture capital firms Tiger Global and Tusk ventures.
Tesla Reveals Possibly to Resume Bitcoin Payments for Products
Months after it stopped accepting Bitcoin payments for its electric automobiles, American car manufacturing giant, Tesla has hinted at the possibility of continuing this pro-Bitcoin move in the near future
KeyFi Announces Native Token Listing on ApeSwap DEX
KeyFi, an AI-Powered DeFi aggregator platform backed by SelfKey Credentials, is listing its native token, KEYFI, on decentralized exchange ApeSwap.Finance.
Coinbase Crashed Amid Bitcoin Price Surge
On April 30, 2020, Coinbase, one of the biggest crypto exchanges in the world, crashed during the Bitcoin price outbreak where it skyrocketed from $7,700 to $9,200 within a matter of 24 hours.
Craig S. Wright Explores 'Code is Law' Paradigm in Digital Governance Debate
Dr. Craig Wright's blog post on "Open-Source Development" rekindles debate on "Code is Law" principle, emphasizing the need for a balanced approach balancing code precision with legal considerations.
Bitcoin Price Sets New Record High in 2020, 100% of BTC Wallets are in a State of Profit
Bitcoin has just set a record high today, surging above the $20,000 resistance level and setting a high at above $20,600.
JBS Paid Hackers $11M Worth of Bitcoin to Set Free From Hacker Attack
JBS's CEO Andre Nogueira revealed the company had paid hackers $11 million worth of Bitcoin ransom to set free. Nogueira insisted that is the right decision.
Can We Expect a Bitcoin Bull Run Amid the Upcoming Bitcoin Halving and Coronavirus Pandemic?
The next Bitcoin halving is expected to take place in May 2020. Each time Bitcoin halving takes place, the number of Bitcoins entering circulation every 10 minutes, also known as block rewards will fall to half, to 6.25 from 12.5 in May. As the amount of supply, Bitcoins are decreasing, the demand most likely will stay the same, but possibly lead to an increase in Bitcoin’s price. Experts believe that there will be less Bitcoin available in the market if the miners will be selling less of the cryptocurrency.
Applied Blockchain Refinances $15M Credit Facility from a North Dakota-based Bank
U.S. bitcoin mining company Applied Blockchain, Inc has announced that it has entered into a credit agreement with a North Dakota-based bank for a $15 million loan that will expand its crypto mining operations to take advantage of opportunities emerging in the current bear market
Bitcoin Transaction Volume Hit a 3-Month Low of $3.014 Billion
Bitcoin (BTC) gained momentum in the last 24 hours to trade at $37,200, and the transaction volume also hit a 3-month low of $3.014 billion.
Bitcoin Enters the Deepest Phase of the Current Bear Cycle as Price Slips to an 18-Month Low
After briefly slipping to the $21K zone, Bitcoin (BTC) continues to trade at levels last seen in December 2020. Glassnode believes BTC is entering the deepest part of the present bear cycle, given that even long-term holders are experiencing losses.
Canadian Big 4 Auditing Firm KPMG Lists BTC and ETH to Balance Sheet
Multinational professional firm services and one of the Big four auditing firms, the Canadian distribution of KPMG said it will add Bitcoin and Ethereum to its balance sheet.
Zcash-Commissioned Research Find Cybercriminals Prefer Bitcoin Over Other Cryptocurrencies
Independent research commissioned by the Electric Coin Company (ECC), the parent firm of privacy-focused cryptocurrency Zcash, concluded cybercriminals are much likely to use Bitcoin over other digital assets.
Square Inc. Considers Rolling Out New Bitcoin Hardware Wallet
Jack Dorsey, the CEO of Square payment firm, has announced that the company is developing a new hardware Bitcoin wallet to give users greater control over their funds.
Chainlink (LINK) to Expect a Bullish Trend Reversal After Recent Crash? Price Predictions are Mixed
Plunging 20 percent from its all-time-high in 2020, analysts have mixed feelings about the future of Chainlink.
$1 Billion Worth of Bitcoin Moved from US Law Enforcement Seized Wallets
Over 50,000 Bitcoin, valued at $1 billion, were transferred from multiple wallets linked to US law enforcement seizures. Approximately 9,861 BTC was sent to Coinbase, while the rest were internal transfers. The BTC was seized from the Silk Road marketplace, one of the first darknet markets to accept Bitcoin payments.
Japanese Based Cryptocurrency Exchange BitFlyer Reports $6.9Million Loss in 2019
bitFlyer, a Tokyo based cryptocurrency exchange reported a loss of $6.9 million after suffering a loss in customers amidst regulatory issues with the financial services agency of Japan. The company is doing all it can to stand strong and successfully survive this downtime.
Now-Defunct Crypto Exchange Mt. Gox Issues Commemorative NFT
Mark Karpeles, the former CEO of suspended Japanese cryptocurrency exchange Mt. Gox, announced the launch of a non-fungible commemorative token for certain eligible users.
ARK Invest Buys Coinbase Shares Despite Wells Notice
Investment management firm ARK Invest, led by Cathie Wood, has resumed buying shares of Coinbase, purchasing 268,928 shares worth $17.88 million through its ARKK Innovation and ARKW Next Generation Internet exchange-traded funds on March 23. This came just a day after Coinbase's stock price fell by 21% due to news of the company receiving a Wells notice from the Securities and Exchange Commission (SEC).
Anthony Pompliano Says Bitcoin Price Correction Indicates BTC has Moved from Weak to Strong Hands
Bitcoin's current price correction has been noted by Anthony Pompliano as an indication that BTC has been moving from weak hands to strong hands.
Private Crypto Wallet Accredited To Accept New Users in Midst Of Utility Token Rollout
Accredited Finance, the cost-effective Web 3 solution for digital asset management, is accepting new sign-ups for its uniquely tailored TradFi-to-DeFi digital asset custodian as a way to expand its platform during its ecosystem token launch.
Deutsche Bank says Bitcoin Is too Important to Ignore
Per a new Deutsche Bank report, Bitcoin's growing market cap has made it impossible to ignore.
PrimeXBT Analysis: Bitcoin Hash Rate Sets New ATH, Fundamentals Scream Buy The Dip
In stocks, company profit margins and operating expenses are top priorities in fundamental analysis. Fundamental analysis in forex currencies could involve looking at each nation's GDP or country's political health. Commodity fundamental analysis looks at supply, demand, and environmental factors.
GameStop, Dogecoin and Crypto: Making Sense of The Wild Current Financial News
I have been watching the exploits of the rag-tag group of Reddit traders who have upended Wall Street's status quo. As an investor, the absurdity of both Wall Street and Reddit is apparent. I will continue to support open and decentralized platforms like Bitcoin. Here is my take on where we go from here.
Bitcoin Surges as US Inflation Rises
The price of Bitcoin surged over $26,000 as the US Department of Labor reported a 0.4% increase in the Consumer Price Index (CPI) for February 2023, with inflation rising by 6% over the last year. The cryptocurrency markets reacted positively to the news, with both Bitcoin and Ether experiencing price surges.
Goldman Sachs' Yuan Crash Forecast Could Affect Bitcoin Price, Bull Run Ahead?
Goldman Sachs is expecting the Chinese yuan to fall to its lowest since 2008 in the coming months due to the existing US-China trade war, and now the US potential sanctions on China over its feud over Hong Kong. US President Donald Trump has announced earlier that he will be looking to end preferential treatment for Hong Kong in terms of trade and visa-free travel, due to the new security law for Hong Kong approved by Beijing. The yuan has been forecasted by Goldman Sachs to fall to 7.25 per dollar during the next three months before recovering to 7.15 per dollar over six months, then to 7 per dollar in the next year. As the firm sees the yuan falling to its 2008 low, the potential for Bitcoin to experience an explosive price rally has been raised.
JPMorgan Expects the S&P 500 to Rally, Will Bitcoin Follow?
JPMorgan expects that the S&P 500 would rise to between 3,500 and 3,600 by the end of 2020, and 3,750 by this time next year, a 10 percent growth.
Investors Double Down on Derivatives Market as Bitcoin Futures Contracts Hit New All-Time High
The derivatives market is growing as the open interest has surged to a new all-time high of $20 billion across major exchanges.
Amun AG: What are the Top Valuation Approaches for Altcoins?
We continue to explore the top Bitcoin valuation approaches stated in Part 1, which include NVT, NVRV, NVHR, Cost of Mining and Active Address method. In addition, we also looked at the field of altcoin valuation, including Ethereum, top privacy and payment coins.
Crypto Firm Q9 Capital Wins Dubai's Regulatory Approval for Provisional Virtual Asset
Crypto investment platform Q9 Capital has received regulatory approval for a provisional virtual asset from Dubai's Virtual Asset Regulatory Authority, according to the company's announcement.
Taxing Crypto Transactions Would Generate $13B Each Year for Russia: Report
Data collected from Russian authorities showed that the country could earn $13 billion each year by taxing cryptocurrency transactions, Moscow-based news outlet The Bell reported.
Bitcoin's Correlation with S&P 500 at a Nine Year Peak, says Quantum Economics Founder Mati Greenspan
Mati Greenspan, founder of Quantum Economics believes the coronavirus pandemic has brought Bitcoin closer to the S&P 500 than ever before.
Meta Plans to Introduce Virtual Tokens: FT
Meta is planning to introduce virtual tokens and cryptocurrencies, aiming to use these digital assets for rewarding creators and other financial services, the Financial Times reported.
Facebook’s Libra Launch Will Be Halted Until Proper Regulations Are Set, According to G7 Draft
A G7 statement showed that the financial leaders of the world’s seven largest economies will oppose the launch of Libra.
Bitcoin Whales Return To Exchanges Stifling BTC Relief Price Rally Above $19,500
The Bitcoin price surged out above $19,500 earlier today, recorded as high as $19,570 on major exchanges before dropping to $19,050 due to selling pressure from BTC whales.
Babel Finance Lost Over $280m in Proprietary Trading with Customer Funds
Babel Finance has undergone severe loss as it executed proprietary trading with customer funds. The Asian crypto lender is in trouble and has abruptly suspended client withdrawals from last month.
Semiconductor Design Company Bitmain Suspends Sales of Antminers in Mainland China
The multinational semiconductor company Bitmain Technology Holding announced that from October 11, 2021, Bitmain's Antminer will stop shipping to mainland China in order to comply with a series of local bans on strict crackdowns on cryptocurrencies.
South Korean Banks Earns More Than Double Revenue from Crypto Transactions in Q2
Despite heavy fluctuations in the cryptocurrency market in the second quarter of this year, South Korean banks enjoyed a sharp increase in revenue from crypto transaction fees.
Central African Republic Begins Sales of Sango Coin
The Central African Republic (CAR) launched its national digital currency tokens called “Sango Coin,” but sales have been quite lower than expected.
Visa New Crypto Initiative
Visa is developing a new crypto product to promote the adoption of public blockchain networks and stablecoin payments. The company is seeking software engineers with experience in programming, Web3 technologies, and Solidity to build the product.
Bitcoin Educator Andreas Antonopolous Believes Oil Price Crash Gives US Bitcoin Miners an Advantage
Following the oil market crash in April, electricity prices have continued to fall globally. Bitcoin educator Andreas Antonopoulos believes that despite the disruption to industries, the oil market downturn could give US cryptocurrency miners an advantage.
SEC Revokes License of ParagonCoin Crypto Startup
ParagonCoin, a crypto startup backed by rapper The Game, had its license revoked by the SEC for violating securities laws by failing to file periodic reports. The startup had held a $70 million initial coin offering in 2017, and in 2021, was found liable for more than $12 million in a class-action lawsuit. Meanwhile, other rappers like Snoop Dogg and Eminem are entering the Web3 space with NFTs and new startups.
CONSENSUS 2022 HIGHLIGHTS: PlayDapp Makes 3 Major Announcements at the World’s Largest Blockchain Conference
At The recent Consensus 2022 Conference, The Blockchain Middleware Provider Announced The Launch Of A Metaverse Virtual World, A New Play-to-earn Baseball Game And An Update On PlayDapp - IPX Partnership
Holistic Approach to Investing in Cryptocurrency
The basic criteria for selection and investing in Cryptocurrencies using the three pillar approach.
Bitcoin Adoption is the Ultimate Protest Against Government and State Abuse of Freedoms
As protests break out across the globe against state and central authorities, are the protesters overlooking their best and most potent weapon in Bitcoin? Bitcoin in essence, was built for protest and could potentially destabilize the central source of power for our governments—control over traditional financial systems.
One Thing Needs to Happen Before Bitcoin Booms
No matter bitcoin's price or how well it performs as an investment asset, most people will not put any money into it until its price goes up for a while.
Central African Republic Launches National Crypto Hub Project Sango
The Central African Republic (CAR) has doubled down on its plans to embrace the technology underpinning Bitcoin with the recent launch of Project Sango, a National crypto hub.
Bitcoin's Potential Surge to $200K by 2025
Standard Chartered predicts Bitcoin could reach $200,000 by 2025, contingent on successful U.S. Bitcoin ETFs, with inflows estimated at $50-100 billion.
New KPMG Report Suggests Potentials for Increased Maturation of the Cryptocurrency Space
The latest bi-annual report released by KPMG highlights the growth of the crypto ecosystem and postulate the possibilities of trend sustenance.
Red Alert: Ripple Effects of Coronavirus on Chinese Electronic Manufacturers and Bitcoin Miners
The scourge of the coronavirus has led to the temporary closure of factories in China with the electronic industry supply chain being hit the hardest forcing an extension in the Lunar year holiday following the outbreak of the virus.
Circle Doubles Value to $9B with New Deal with Concord Acquisition Corp
Fintech company Circle Internet Financial has revamped its merger agreement with Concord Acquisition Corp (NYSE:CND) through a special purpose acquisition, doubling its valuation to $9B from the $4.5 billion initially announced in July 2021.
Inery Token $INR goes Live On Huobi Following Successful VC raise
$INR is live on Huobi, after successful VC rounds and several strategic partnership announcements. Trading officially opened at 13:00 UTC today, September 28th and the project saw its token trending up from $0.22 to $0.44 within the first few hours. The listing is an important milestone for Inery on its journey to revolutionize how data is handled on the decentralized web.
Crypto ATM Operator Bitcoin Depot to Place Thousands of ATMs in Circle K
In Georgia, Bitcoin Depot, an Atlanta-based Bitcoin operator, announced the expansion of its cryptocurrency ATM business to Circle K convenience stores in more than 30 states in Canada and the United States.
Bybit Launches Futures Contracts Settled in USDC Stablecoin
Bybit is one of the major crypto exchanges offering futures trading services globally. The exchange has launched a new trading service that settles options contracts in the stablecoin USDC.
Crypto-Integrity-Tao—The Books And Convention That Will Change Everything
or the first time in technological history, with Blockchain humanity is creating an “Organism-Environment” and a few innovators and futurist are aware of this fact. It will begin this year and deliver incredible rewards, releasing the “spirit” of Blockchain Intersections in a 5G world.
PwC Reports Huge Shift in M&A and Fundraising from US to Asia and EMEA in 2019
In 2019, crypto fundraising and M&As began migrating over to Asia, Europe and the Middle East and saw a lack of new VC investments as the majority of funding came from crypto firms within the industry, according to PWC’s latest report released on April 6.
Bitcoin Addresses Holding Over 10,000 Coins Hit a Monthly High
The number of Bitcoin addresses holding at least 10,000 coins reached a monthly high of 86 as the holding culture continues being a favoured strategy in this market.
People’s Bank of China Announces Its Digital Currency is Ready
The central bank of China has announced that its digital currency can now be said to be ready. Speaking in a major event, the China forum as reported by local news site Shanghai Securities News on August 10, the deputy director of the people’s Bank of China (PBoC) Mu Changchun stated that over five years of rigorous research work has been put into creating a prototype that adopts the Blockchain architecture
BlockApps Raises $41m in Series B Funding
Blockchain services company BlockApps announced that it has raised $41 million in Series B funding.
Short-Term Holders Dominate Primary Driver for Bitcoin's Liquidation amid Ukraine Crisis
Analysis by IntoTheBlock shows that short-term holders have been the primary catalysts of the present leg down as they continue liquidating their BTC investments.
Nobel Prize Winner Milton Friedman, Satoshi Nakamoto and Bitcoin
Nobel Prize Winner Milton Friedman, Satoshi Nakamoto and Bitcoin
Financial Services Company Plaid Integrates Crypto Exchange Data
Financial services API developer Plaid is adding account information on crypto assets from cryptocurrency exchanges.
TOKEN2049 is Back for 2020, Examining What’s Next for the Crypto Industry
TOKEN2049, the premier crypto conference in Asia, will be returning to Hong Kong this year on 17-18 March 2020 at Shangri-La’s Kerry Hotel. As the flagship event of Asia Crypto Week, TOKEN2049 will bring together leading projects as well as key decision makers and thought leaders throughout the blockchain space.
SingularityNET Announces the Successful Integration of PayPal Payments in its Decentralized Beta Marketplace
The SingularityNET Foundation, the leader in decentralized AI technology, announces today the successful integration of PayPal payments into their blockchain-based artificial intelligence marketplace.
The Merge is Complete: Ethereum
The upgrade - known as the Merge - has shifted Ethereum into a more environmentally sustainable framework by reducing Ethereum’s energy consumption.
Ault Alliance's Sentinum Mined 909 Bitcoins this year
Ault Alliance's subsidiary, Sentinum, mined 909 Bitcoins from Jan to Jul 2023, with 668 in Michigan and 241 via a partnership with Core Scientific.
Bitcoin Halving and Money Printing is BTC’s Rocket Fuel, Says Anthony Pompliano
Bitcoin halving and historic money printing are the rocket fuel propelling BTC's price upwards, according to Anthony Pompliano.
Marathon Digital Refinances $100m Credit Facility from Silvergate Bank
Marathon Digital secured another loan deal of $ 100 million to sustain its operations amid the crypto market rout.
Climate Activists, Billionaire Launch Campaign to Tackle Bitcoin's Impact on Environment
Bitcoin's impact on the environment is about to face the limelight as several climate activist organizations such as Greenpeace and crypto billionaire Chris Larsen are launching a campaign to tackle its power usage system.
When the COVID Pandemic Subsides, Will Bitcoin Still be Here?
The Covid-19 pandemic is causing havoc everywhere in the world. This is definitely true in the Bitcoin markets. Up until now, it was assumed that Bitcoin was a safe haven asset that would thrive in a global economic crisis.
Jay Z-Backed Ethereum App Platform Officially Opens Doors to Public
Blockchain startup Alchemy has recently announced that the blockchain developer platform was perfected and now open to any companies or individuals looking to build smart contract-based projects.
Can Bitcoin Reach Robert Kiyosaki's $150k Prediction in the Near Future?
Robert Kiyosaki predicts Bitcoin's value to rise significantly, potentially reaching $150,000 and $1.2 million in five years, citing its potential as a hedge against inflation and economic instability.
Binance Integrates USD Coin (USDC) on CELO Network
Binance, one of the leading cryptocurrency exchanges, has successfully completed the integration of USD Coin (USDC) on the CELO network. As a result, users can now deposit and withdraw USDC on Binance's platform.
Nexo Capital to Pay $45 Million in Penalties
Nexo Capital, a crypto lender, will pay $45 million to the SEC and NASAA (NASAA). SEC and NASAA announced the announcement on Jan 19.
What To Expect as $6B Worth of Bitcoin Options Are Set to Expire This Friday
As the market is getting ready for the expiry of $6 billion worth of Bitcoin options this Friday, expectations abound as to what to expect of the BTC price.
Digital Currency Ecosystems Company BTCS Inc. Adds Ethereum Layer 2 Sidechain Polygon
An early mover in the blockchain and digital currency ecosystems BTCS Inc. announced the addition of Layer 2 proof-of-stake sidechain Polygon (“MATIC”) to its blockchain infrastructure operations.
US Senate Bill Proposes to Empower CFTC to Oversight Tokens & Digital Assets
Top U.S. Senators have introduced a bill that seeks to give the Commodity Futures Trading Commission (CFTC) the sole responsibility of overseeing the biggest cryptocurrencies.
Litecoin Price Analysis Indicates LTC Will Surge Over $200
The Litecoin community grows more excited as LTC surges towards its all-time high of $360.Our technical analysis indicates bullish price movements to come for the altcoin.
Binance Completed Their "Largest Upgrade" in 2 years, What was Improved?
Binance upgrades its cryptocurrency exchange platform and says it the biggest upgrade they've done in years.
Bitcoin's Largest Price Correction in History, Will BTC Price Continue to Fall?
Over the last 24 hours, the Bitcoin price suffered its largest single-day drop in its short history, falling from a high of $58,000 to a low of $48000. What's next for BTC?
Mexico Turns Bitcoin Development Down after Billionaire’s Crypto Pitch
Central Bank of Mexico (Banco de México) and other regulatory watchdogs issued a statement prohibiting financial institutions from conducting transactions by virtual cryptocurrencies.
Why Bitcoin's Price Rebound Could Signify a Market Bottom
Since July, Bitcoin market mood is strong. Analysts think Bitcoin's recent price rise may indicate a greater breakthrough. Investor sentiment spiked three times since 2021, most recently in January.
UNBLOK Provides Incentive-Based App Blockchain Solutions
UNBLOK LLC provides consumers with a revolutionary solution through blockchain technology, allowing users to use the application on their mobile phones without the need to conduct traditional application market research and get rewards.
Coins Making The Biggest Moves in The Market Today: NXM, HBAR, and ENJ
This piece profiles three of the coins making the biggest move in the market today. These cryptocurrencies include NXM, HBAR, and ENJ.
India Reportedly Postpones to Test Digital Rubee in Q1 in 2023, Amid Banning Private Cryptos
Reportedly, the Indian government has postponed the trial date of testing digital Rubee until Q1 of 2023, the digital form of central bank digital currency (CBDC), according to local media outlets.
Interpol Issues Red Notice for Terra's Kwon
Terraform Labs co-founder has been issued with a red notice from Interpol, prosecutors in South Korea claim, according to a report from Bloomberg.
The Reserve Bank of India Clarifies Stance About Crypto Ban
RBI has eased off its harsh grip on crypto activities for banks and other regulated institutions in India.
Crypto Market Analysis: BTC, ETH, DOT, LINK, ATOM Price Charts Show Bullish Signs
Bitcoin, Ethereum, Polkadot, Cosmos Network, and Chainlink prices indicate new signs of bullishness. Top crypto traders and analysts show where they see the biggest opportunities in the crypto market in the next few days.
Fidelity Reiterates Bitcoin's Unique Value as a Primary Investment Choice
Fidelity Digital Assets revisits Bitcoin's unmatched value proposition in a recent study, emphasizing its secure, decentralized nature. Shared by MicroStrategy's Michael Saylor, the study advocates for Bitcoin's primary consideration by investors venturing into the digital asset sphere.
Federal Reserve Bank Sees Nationwide Outage Days After Treasury Sec Says Bitcoin is "Extremely Inefficient"
The Federal Reserve Bank suffered a massive outage on its system, lending credence to the superiority of Bitcoin as a decentralized network.
As it Happened: Binance Denies Ripping Off $1 million From a User's Account
Binance, one of the largest crypto exchanges based on trade volume, has hit back at embezzlement claims made in November 2018 after it froze a user’s account with crypto assets worth $1 million. It claims that its actions were based on a tip-off by the South Korean police to return the funds to a scam victim.
U.S. SEC Postpones VanEck’s Bitcoin ETF Application Again
U.S. Securities and Exchange Commission (SEC) Wednesday once again postponed to decide the application of VanEck Bitcoin Trust’s proposed Bitcoin ETF.
Bitcoin Funding Flips Negative as BTC Records 10% Daily Loss as Over-Leverage Factor Dominates
The Bitcoin futures perpetual funding rate turned negative after the leading cryptocurrency recorded a 10% daily loss. Analysis suggests over-leverage factor may trigger the recent plunge.
Canada Tightens Crypto Asset Regulations for Public Investment Funds
The Canadian Securities Administrators propose regulatory changes for public investment funds handling crypto assets, focusing on custodianship standards and limiting direct crypto dealings to specific fund types.
Metaverse Gaming Firm MetaBlaze to Conduct Second Round of ICO on April 20
MetaBlaze, a metaverse and blockchain-driven gaming company, will conduct its second ICO round on April 20 at 9 AM EST.
Crypto Market Roundup: Top Earners and Losers for Today
Cardano and The Graph are the top gainers today, while the performance of Shiba Inu and IoTex hit the worst to become the biggest losers today.
Velas 3.0 Is Coming: Here's What You Need to Know
Velas (VLX), a platform designed to address the scaling and usability challenges seen by other blockchains, is on the verge of releasing by far its largest update to date — with the impending launch of the Velas 3.0 ecosystem.
Following Market Crash, BoE Governor Says Crypto Has No Intrinsic Value
Bank of England governor Andrew Bailey once again raised a warning on cryptocurrencies after the latest market slide, arguing that cryptocurrencies are not a practical means of payment, even though he considers blockchain technology undoubtedly important.
Macro Investor Mike Novogratz Says MassMutual's Bitcoin Investment Could Be The Most Important One of 2020
Mike Novogratz recognizes MassMutual insurance company’s move to purchase $100 million in Bitcoin as the most important cryptocurrency news of the year 2020.
The Importance of Embedded Finance in Today's Fintech World
Banking, lending, insurance, payments, and branded credit cards are popular integrated financial products.
Bitcoin Continues to Surge, Price Jumps to Record High After Crossing $68,000
Bitcoin, the world’s largest digital coin, jumped past $68,000 for the first time to a new all-time high.
HackerOne User Finds Critical Bug in MakerDAO Upgrade
MakerDAO has fixed a critical bug that could have resulted in a complete loss of funds for all Dai users thanks to HackerOne user lucash-dev.
Bitcoin Outperforms Ethereum and Cardano as the Crypto Market Recovers
As the top three cryptocurrencies continue on their recovery, Bitcoin appears to be showing more impressive momentum than ETH and ADA.
Bitdeer Mined 220 Bitcoin in July
Bitdeer Technologies Group announced mining 220 Bitcoins in July 2023, reaching a total hash rate of 20.6 EH/s, and completing the Gedu Datacenter in Bhutan.
NFT platform Autograph Raises $170M in Series B funding
Another NFT platform succeeds in raising capital from investors; Autograph has raised $170 million in Series B funding, co-led by a16z and Kleiner Perkins.
Binance Now Accepts Fiat Payments Through Alipay and WeChat
In light of advancing the company's market outreach, Binance CEO Changpeng Zhao confirmed on the 9th of October in a tweet that Binance now accepts Fiat payment through Alipay and WeChat.
Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT
A US dollar global economy has led to the underwhelming volume of growth of Chinese goods being traded among the Belt and Road countries and corridors since the initiative began in 2013. GoldZip is the exciting new digital tool allowing countries to barter goods based on their digital gold values.
SupraOracles Releases Roadmap to Mainnet While Starting 550+ Signed Web3 Project Integrations
Unveiling multiple technological breakthroughs, SupraOracles is excited to announce its novel cross-chain oracle infrastructure enabling highly accurate, robust data porting across a multitude of blockchains and DLTs with only 3-5 second finality. Now, with over 550+ signed integration partners, they’re officially announcing the launch of their Alpha testnet as they progress towards mainnet in early 2023.
UK Chancellor Rishi Sunak Proposes Crypto Adoption and CBDCs as Priority for Treasury Reform
The Chancellor of the Exchequer Rishi Sunak has listed crypto adoption and CBDCs amongst the Treasury's focus demanding reforms in the future.
EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto
Despite being perceived as an “anti-security bill” by many, the EARN IT Act has made its way to the US House of Representatives and currently awaits approval.
Argentinians Seek Shelter in Stablecoins after Economy Minister Resignation
Argentinians have taken refuge in stablecoins after the nation’s economy minister Martin Guzman resigned over the weekend attributed to the financial crisis crushing the South American country.
"Stop Looking at the Graph and Enjoy Life": El Salvador's President on BTC Price Slump
El Salvador's bitcoin-friendly President Nayib Bukele has shared a very important piece of advice to all Bitcoiners as the cryptocurrency ecosystem has continued to take a deep dive down.
Coinbase to Revoke Job Offers Extended to Newly Employed Staff
Coinbase Global Inc, the largest trading platform in the United States is going all tough on its no-hiring plans which was announced by Emilie Choi, the firm’s President and COO about 2 weeks ago
Bitcoin Flips Visa Again
Bitcoin (BTC) market valuation surpassed Visa's after a near 50% price increase in 2023. BTC has "flipped" the payment giant three times.
Binance linked to illegal cryptocurrency platform Bitzlato
Binance is related to Bitzlato, according to FinCEN. The obscure platform collected $206 million from darknet marketplaces, $224 million through frauds, and $9 million from ransomware perpetrators.
Bitcoin Gains Momentum Based on Positive CPI Numbers
After slipping to lows of $15.5K amid FTX’s liquidity crunch, Bitcoin gained momentum based on positive consumer price index (CPI) numbers released by the U.S. Bureau of Labor Statistics.
Litecoin (LTC) Price Analysis – March 18, 2021
The price of Litecoin (LTC) successfully rebounded above $200, but it seems that it is currently suffering from strong selling pressure.
Circle's USDC Reserve Mishap Leads to Massive Sell-off
Circle's announcement that Silicon Valley Bank failed to transfer $3.3 billion of its USDC reserves led to a significant sell-off, causing the stablecoin to depeg from the U.S. dollar. Investors who tried to cut their losses by exchanging USDC for other stablecoins, such as USDT, faced exorbitant prices.
Canadian Dollar Payments on Blockstream’s Liquid Network Boosting Bitcoin Adoption Powered by Bull Bitcoin
Montreal-based Bitcoin exchange Bull Bitcoin, released Liquid Canadian dollars (L-CAD) using Blockstream’s Liquid Network, taking the Bitcoin standard to Canada. Blockchain’s Liquid sidechain is used for settling Bitcoin transactions.
Shopify Inks Deal with Strike, Enabling Bitcoin Lightning Payments
Merchants on Shopify, a global e-commerce giant, will have the option of receiving Bitcoin off-chain payment through the Bitcoin Lightning Network after sealing a deal with Strike.
Decentralized Information Markets Platform Polymarket to Pay Civil Fine of $1.4M, Violating Unregistered Swaps
Decentralized information markets platform Polymarket was imposed a civil fine of $1.4 million by the United States Commodity Futures Trading Commission (CTFC), failing to obtain a proper registration.
Crypto Market Consolidation and Key Trends in Q2 2023
Q2 2023 saw a slight 0.14% increase in the crypto market, with Bitcoin (BTC) and Ethereum (ETH) rising by 6.9% and 6.0% respectively.
CME to Close Trading Floor on Friday as Coronavirus Prevention Measure
CME Group plans to close its trading floor in Chicago due to fears of further spreading the coronavirus, the influenza outbreak that has sent global stock markets falling.
OPNX's 7-Day Trade Volume Average Hits $80 Million ATH, 69% of Minted $OX Staked
OPNX reports a 7-day trade volume average hitting an all-time high of $80M, with 69% of minted $OX locked in staking.
World's Second Largest Bitcoin Mining Company Raises $90M in US IPO
The world’s second-largest bitcoin mining equipment producer, Canaan Inc. raised $90 million during its initial public offering (IPO).
LOST Island to Provide Groundbreaking Escape Game Experience
LOST's entry into the metaverse with LOST Island will provide users with game-changing escape game experiences as the company has initiated various upcoming initiatives, the company told Blockchain.News.
Ethereum Classic Surges Unexpectedly amid Ethereum Upgrade
The layer 1 blockchain protocol, Ethereum Classic, has climbed more than 124% over the last two weeks and the computing power of the whole ETC network is 23.55TH/s, with a monthly increase of 13.98%.
Bitcoin Price Breaks $11K Again, but Can’t Maintain Bullish Momentum
Over the weekend, Bitcoin broke past the $11,000K mark once again but has fallen back to record an approximate price of $10,900 since then.
BTC Price Analysis as Whale Alerts Indicate More Institutions Buying Bitcoin
As Bitcoin soared to a new all-time high of $57,808, over a billion dollars’ worth of BTC has left Coinbase to unknown wallets. What can we expect from the BTC price?
Bitcoin Needs to Hold the $45K to $47K Zone for a Bullish Momentum
Analysts suggest that bitcoin should hold the $45,000 to $47,000 area for an upward momentum to reignite.
ExxonMobil to Mine Bitcoin with Excess Natural Gas
Energy producer giant ExxonMobil has launched a pilot program that will convert this excess natural gas into energy that powers mobile generators that can mine Bitcoin.
Texas Bitcoin Miners Agree to Reduce Power Usage
The crypto miners made the move after ERCOT suggested the need to reduce power consumption.
Bitcoin on Exchanges Slip as Long-Term Holders Stay Put
Bitcoin (BTC) balance on crypto exchanges continues to dip, which is bullish because BTC cannot be easily liquidated and this reduces the selling pressure.
Bitcoin is Eyeing a New All-Time High This Week, says Market Analyst
Market analyst Lark Davis believes that Bitcoin is getting ready to hit a new all-time high (ATH) this week.
LandX & KlimaDAO Partner Up For A Carbon Neutral Future
LandX is excited to announce its new partnership with KlimaDAO. LandX Choice is joining the Klima Infinity program, which uses a stack of DeFi technologies to enable organizations to retire tokenized carbon credits and verifiably demonstrate that they have offset their carbon footprint.
Ethereum Co-Founder Vitalik Discusses Worldcoin's Biometric Proof of Personhood
Ethereum's Vitalik Buterin explores Worldcoin's biometric proof-of-personhood, discussing its potential value, applications, and challenges such as privacy, accessibility, and centralization.
Worldcoin Project Launches: Aiming to Democratize Economic Opportunity in the Age of AI
Worldcoin Foundation launches project to democratize economic opportunity in the AI era. The protocol includes World ID, Worldcoin token (WLD), and World App.
FBI Says Cyber Criminals Dealing With Crypto are Rapidly Upgrading
The United States Federal Bureau of Investigation (FBI) says that law enforcement can barely keep up with the advancements of criminal activities in the cryptocurrency sector.
Bitcoin’s Sentiment on Twitter Remains Negative, Which Could Signal a Price Upswing
The consolidation period in the Bitcoin market continues making a negative sentiment on Twitter, and this trend could trigger an upward momentum, which could find many by surprise.
4 Reasons Why Bitcoin Investors Should HODL Despite BTC Price Drop Below $18K
As BTC price corrects below $18,000, here are four expert BTC price predictions and reasons to keep HODLers holding on to their crypto in the months ahead.
This Week Unlocks: ApeCoin Surpasses $50M, Aptos Exceeds $20M; Moonbeam, Flow, and Lido in Queue
Six cryptocurrency projects, including ApeCoin (APE) and Aptos (APT), are set to release significant tokens this week. Moonbeam will release 9.7 million GLMR tokens, valued at $1.74 million, on September 11; Aptos will unlock 4.54 million APT tokens, valued at $23.85 million, on September 12. Lido will make available 1.5 million LDO tokens, Euler will release 150,000 EUL tokens, Flow will unlock 7.29 million FLOW tokens, and ApeCoin will unlock 40.6 million APE tokens, valued at $51.6 million.
Adult Content Platform Onlyfans Launches NFT Profile Picture Feature
Online adult content subscription platform OnlyFans has launched a feature for users to display verified NFTs as profile pictures.
Coinbase-backed Crypto Financial Startup Amber Group Raises $1B Investment Round
Coinbase-backed cryptocurrency financial services company Amber Group raise worth up $1 billion in funds, aiming at provides investors with many different cryptocurrency products for investment.
Retail Investment in Bitcoin Dries Up as Price Hovers Below $50K on NY's Eve
Retail interest in the Bitcoin (BTC) market has been down-trending as Google search volume hit yearly lows.
Bitcoin Back Above $50,000 As Senate Passes Biden's $1.9 Trillion Stimulus Package
Bitcoin price is gradually growing after the US Congress passed the $1.9 Trillion stimulus package. BTC may see new price growths afterwards.
Paxful to Boost Financial Inclusion with Its First Crypto Debit Card
Bitcoin trading platform Paxful announced that it will be adding a crypto debit card to its financial services.
The Blockchain Africa Conference 2020 is Moving Beyond the Hype
Africa's leading Blockchain conference will bring together hundreds of attendees from around the globe to discuss the future and convergence of blockchain technology and AI and how these technologies are addressing urgent challenges in Africa.
On-Chain Transactions Above $10 Million Skyrocket on the Bitcoin Network
More large accounts or organizations are taking part in the Bitcoin network as on-chain transactions above $10 million have gone through the roof.
Tiffany & Co.'s 250 NFTiffs Sold Out, Generates nearly $13M in Revenue
Passes for physical copies of Tiffany & Co.'s debut 250 NFTs were sold out in about 20 mins on Friday for 30 ether each or about $50,000.
Web3 Security Infrastructure GoPlus Security Reaches Strategic Deal with Dtools
Web3 security startup GoPlus Security has partnered with Web3 ALL-IN-ONE tool Dtools to provide comprehensive security data support for its newly launched token security detection function.
Bitcoin Miner CleanSpark Announces Second Quarter 2022 Financial Results, Beating Analyst Expectations
CleanSpark announced financial results for the second quarter of 2022, with total revenue for the quarter quadrupling year-on-year to $33.5 million and adjusted earnings before interest, taxes, depreciation (Ebitda) of $22.5 million.
Russian Cybercriminals Sanctioned by DoJ for Crypto Laundering Scam Generating More than $16.8M
TheDoJ has sanctioned two Russian nationals for their cybercrimes, where millions in cryptocurrency were accumulated through scamming and phishing schemes.
G7 Reports Stablecoins Like Libra Threaten Financial Security
According to the BBC, the G7 group of nations has drafted a report outlining nine major risks that digital currencies, such as Facebook’s proposed Libra, pose to the global financial system.
US Federal Court Defines Bitcoin As Money
A US Federal court has classified Bitcoin as a “money” under the Washington, D.C, Money Transmitters Act (MTA).
Elrond Transforms Into MultiversX, Launches 3 New Metaverse Products
Elrond, the startup building internet scale blockchain technology, announces its transformation into MultiversX. The company thus expands its mission of building the new internet economy to include the digital meta-space frontier.
Are Blockchains Becoming Centralised?
Envisioned to be decentralised, peer-to-peer systems, public blockchains are becoming centralised, creating an identity crisis for the blockchain community
Litecoin Mining Difficulty Hitting A New All-Time High Of 17.99 Million Hashes
Competition among Litecoin miners has reached a new record high as the network’s mining difficulty on Friday hit a new all-time high.
Institutional Bitcoin Index Launched by MVIS and CryptoCompare
MVIS, the MV Index Solutions, the indexing division of VanEck, a US-based asset manager had partnered with CryptoCompare, a cryptocurrency market data provider, launched the MVIS CryptoCompare Institutional Bitcoin Index, dubbed ticker: MVIBTC.
JPMorgan to Launch Investment “Basket” Tied to 11 Crypto-Focused Firms including MicroStrategy, Square, and Nvidia
JPMorgan has filed a request with the Securities and Exchange Commission to approve a debt instrument linked to 11 firms that have all invested in Bitcoin and other cryptocurrencies.
Crypto Leaks launches platform that reveals scams and corruption in the crypto space
Crypto scams and corruption have persisted for years, affecting many in their wake.
Mining Valuations in Focus: Bitdeer and Sphere 3D Lead November's Stock Insights
The November valuation analysis of Bitcoin mining stocks reveals significant disparities, with Bitdeer undervalued and Marathon overvalued, while Sphere 3D offers a bargain despite limited growth prospects.
Public Demand for Bitcoin over Gold Could See BTC Price Target Hit $146,000, according to JPMorgan
JPMorgan believes that a crowding out of gold as an ‘alternative’ currency implies big upside for Bitcoin over the long term.
MarginX, World's First Community-Based Decentralized Exchange, Launches on Function X Blockchain
MarginX, the world’s first community-based decentralized exchange (DEX), launches on the Function X blockchain today. It runs on a first-of-its-kind multi-chain and on-chain infrastructure that allows investors to trade with close to zero gas fees, ultra-high throughput and liquidity, and full ownership and transparency.
Tables Turn for Japanese Man After Being Convicted for Secretly Installing a Crypto Mining Program
The Tokyo High Court has dismissed the acquittal of a 32-year-old Japanese man who had been let off the hook by the Yokohama District Court in March 2019 after being accused of unlawfully inserting a cryptocurrency mining program dubbed Coinhive.
Standard Chartered Becomes the First Bank to Join the Global Digital Finance Patron Board
Standard Chartered, the British multinational bank (MNB), announced recently that the corporation would be joining the crypto and digital finance industry membership body Global Digital Finance (GDF) Patron Board.
Crypto Lending Platform SALT Works with Cion Digital, Launching Crypto Lending Service for Auto Dealers
Crypto lending platform SALT has partnered with Cion Digital to launch crypto lending-as-a-service for over 5,000 U.S. auto dealerships.
Bitcoin and Other Cryptocurrency Trading Now Declared Illegal in Burundi
Burundi has banned Bitcoin and every other form of digital trading from its soil because it can no longer offer protection to persons with problems related to it.
Paris Blockchain Week Summit Announces Its 2020 Speaker Lineup
Paris, France - January 16th, 2020 - Paris Blockchain Week Summit (PBWS), the first international conference held in France dedicated to professionals in the blockchain and crypto-assets space, has announced the primary speaker lineup for its upcoming event on March 31 - April 1, 2020.
Ethereum Spikes to New ATH Following Massive Short Squeeze
Ethereum has printed a new all-time high as the futures market sees forced liquidations.
Tech Mahindra Leverages IBM Blockchain For New Entertainment Royalties Platform
Indian multinational tech company, Tech Mahindra has announced the launch of a blockchain-based platform aimed at preserving the rights of video content generated by content creators and producers.
The United Kingdom's Financial Conduct Authority is cracking down on unregistered cryptocurrency
West Yorkshire crypto ATM operators were penalized by the Financial Conduct Authority.
Regulated Blockchain Will Power Central Bank Digital Currencies
So far, the story of blockchain has been one of new financial services built on decentralised technology. As the continuing prominence of Bitcoin demonstrates, these decentralised finance, or DeFi, applications have built up a following amongst a band of loyal supporters.
Stablecoin
What is stablecoin? In terms of what we measure the "stability". Understand stablecoin in different features. Central Bank Digital Currency (CBDC)
Celsius Unloads Over $125M in Ethereum, Stirs Crypto Market Speculation
Celsius Network's transfer of over $125M in Ethereum to exchanges amid bankruptcy stirs speculation in the crypto market.
Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service
Cryptocurrency exchange Coinbase has sold its blockchain-based data analytics software to the United States Secret Service. The analytics software was made available to the secret service in a contract worth $183,750 and billed to span through May 9, 2024.
Lazarus Group Hacks for Crypto via LinkedIn Blockchain Job Posting
A hacking operation that is allegedly backed by North Korea has been reported to be targeting blockchain and cryptocurrency employees through LinkedIn.
Stay Alert to Crypto Wallets Protection from Quantum Computer Attack
Nowadays, the application of digital signature to access financial accounts could be risky to be attacked by quantum computer hacking, especially for the crypto wallets, experts remind the public to stay alert.
Foundry Ranks as the 2nd Largest BTC Mining Pool Globally
Foundry, an American-based crypto mining pool has climbed up the rankings and is now the second-largest Bitcoin mining pool after AntPool.
Chainlink Whales are Growing as LINK Investors Increase, according to Santiment Study
New data by Santiment reveals that crypto wallets holding at least 1,000 Chainlink (LINK) grew by more than 445 in November.
MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report
The Monetary Authority of Singapore (MAS) and government-owned conglomerate Temasek released the final report of the Singaporean CBDC project, Project Ubin. The report is the fifth and final phase of Project Ubin, Singapore’s blockchain-based multi-currency payments network prototype that was built for the financial industry and blockchain ecosystem.
Bitcoin and Bad Guys
With Bitcoin a growing number of people have been choosing to opt-out of the traditional financial system, and others have even chosen to use the cryptocurrency to circumvent regulation altogether, leading to its unfortunate connection with illegal activity and shady characters.
Digital Health Funding on Track for Another Stellar Year
Despite simmering down after a sizzling first half, digital health funding remains near all-time highs, according to Rock Health. Startups in the space are reportedly on track to raise an estimated $7.3 billion this year, a billion short of 2018’s $8.3 billion but more than double that of 2017’s.
Bitcoin’s Volatility has Slowed Down, according to CoinShares Chief Strategist
Despite the effects of the Covid-19 pandemic, some notable market indexes have hit record highs, making Bitcoin (BTC) appear less volatile according to CoinShares CSO.
Bitcoin Price Sinks Below Critical Level as Joe Biden Officially Inaugurated as 46th US President, What's Next for BTC?
Bitcoin has been losing steam and struggling to clear the $35,000 level, for a second straight day.
MakerDAO Adds Layer-2 Network StarkNet to Address DAI Transaction Costs
The newly integrated StarkNet, a zero-knowledge proof layer 2 protocol, aims to improve efficiency of DAI stablecoin.
Bakkt BTC Options Trading Falls To Zero: What Does This Mean for Mainstream Adoption?
The impetus behind Bakkt was to create a safe and regulated environment where larger institutions, corporation and investors would feel comfortable leveraging for access to the nascent crypto market. The trading volume or lack thereof seems to indicated that these larger investors are still weary of cryptocurrency.
Coinbase Custody Launches New International Institutional Grade Crypto Service to European Clients
With its operations based in Dublin, Ireland, Coinbase Custody launched its institutional-grade crypto asset storage service to clients in Europe. The cryptocurrency exchange launched Coinbase Custody in 2017 for institutional clients such as hedge funds and family offices. Its assets under management have over $7 billion in cryptocurrency assets, with its acquisition of Xapo’s institutional custody business in August 2019.
Bitcoin’s Bear Trap Might be Over as Price Jumps to New ATH of $66,952
Market analyst Lark Davis Believed that the bear trap experienced in the BTC market might be over, along with reaching a new ATH of the Bitcoin's price.
Crypto.com Announces Suspension of Ethereum Transactions During POS Merge
The Cypto.com exchange stated that its services fully support the Ethereum merger, and announced that it will stop the deposit and withdrawal of ETH and all ERC20 tokens on the Ethereum mainnet during the week of the merger on September 15 next month.
Ethereum’s Daily Active Addresses Surpass Bitcoin for the First Time in Crypto History
ETH made history by surpassing Bitcoin’s daily active addresses, as acknowledged by crypto analytic firm Santiment.
Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020
Banks have increased their interest in cryptocurrencies. Many of them have decided to join the cryptocurrency market, either by offering investments in cryptocurrency or by exploiting the capabilities of blockchain technology, which is already used in various areas with financial services.
Visa CEO Says the Payment Giant Will Add Cryptocurrencies to Its Payments Network
Visa has come out in support of digital currencies and believes that cryptocurrencies have the potential to improve the value of digital payments and create more accessibility.
Venture Capital Firm MetaWeb Ventures to Establish $30M Venture Fund
Venture capital firm MetaWeb Ventures has announced the launch of a $30 million venture fund to focus on decentralized social media, DeFi, gaming and decentralized autonomous organizations.
CZ: I Personally Believe in Two Coins, BNB and BTC, That’s It
On a rainy Monday night in Moscow, on October 21st 2019, the famous influencer, game-changer, and billionaire, CEO of Binance cryptocurrency exchange Changpeng Zhao, widely known as CZ, met with 700+ Russian blockchainers during a special Binance Super Meetup Russia. To everyone’s delight, CZ started his speech confirming that Binance is going to launch crypto-fiat trading pairs, and the debut trading option would be tied to the Russian ruble.
Grayscale CEO Optimistic that US Regulators Can't Stop Bitcoin
Barry Silbert, CEO of Grayscale Investments thinks that Bitcoin has too much support from policymakers in the United States to ever be shut down completely.
Do Kwon Tweets "Not on the Run", Willing to Disclose Location
Terraform Labs' founder claimed that he is not on the run but in "full cooperation" with government agencies interested in communicating.
Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter
Riot Blockchain Inc, one of the few blockchain companies to be listed on the Nasdaq has posted yet a profitable third quarter performance.
Trader Spends $118k in Ether on Memecoin
A single trader has spent $118,000 in gas fees on the Ethereum network to purchase $155,000 worth of memecoin called Four (FOUR). The trader paid $119,157 in Ether (ETH) for a Uniswap trade of 84 Wrapped Ether (WETH) for 13.8 billion FOUR tokens. The rise in gas fees has caused debates in the crypto community over its impact on mass adoption.
US Congressmen Ask Federal Reserve to Create National Digital Currency
Two members of the United States House of Representatives Financial Services Committee recently asked the Federal Reserve if it has any plans to create a U.S. dollar digital currency.
Blockchain.com Gets Full Approval to Operate Crypto Exchange in the Cayman Islands
Blockchain.com announced that it had received full regulatory approval from the Cayman Islands Monetary Authority (CIMA) to operate its exchange and clearing house in the Cayman Islands.
Bitcoin Flows into Ethereum Network and Corporate Treasuries as WBTC
Throughout 2021, Bitcoin’s circulating supply has experienced significant changes as part of it has flowed into the Ethereum (ETH) network, exchange-traded investment vehicles, and corporate treasuries in the form of WBTC.
Maven 11 Launches $30m Loan Pool on Defi Lending Protocol Maple Finance
Defi lending protocol Maple Finance has launched a $30 million liquidity pool backed by Netherlands-based crypto-native investment firm Maven 11.
US FDA Calls Meeting on Blockchain, AI and the New Era of Smarter Food Safety
The FDA will hold a meeting on October 21st, with the aim of gathering input and feedback to help shape an FDA blueprint for the initiative. The FDA will propose leveraging modern technologies such as blockchain, artificial intelligence, and IoT to improve the transparency and decrease the risks of contamination in the food supply chain.
Bitcoin Price Surges Amid Stock Market Bull—But This Could All Collapse if China Repeats its 2015 Stock Market Bubble
Bitcoin price saw a slight surge at the start of this week, while China’s stocks soared as no new local coronavirus cases were reported. US stocks also followed and saw an upward tick as investors focused on news related to the new COVID-19 vaccine and treatments.
Human Rights Foundation Chief Strategy Officer: Bitcoin Saves Lives, Increases Freedom and Gives Hope
Alex Gladstein, the CSO of the Human Rights Foundation blasted a reporter who called Bitcoin the “perfect Ponzi”, explaining that BTC crypto creates freedom and gives hope.
VanEck Launches Mining ETF on List Today
Investment firm VanEck has launched a mining ETF (DAM), which will officially go public on Wednesday.
Tether Plans to Issue Stablecoin Backed by Chinese Yuan
Tether has been reportedly working on a new stablecoin pegged to the Chinese Yuan. The stablecoin project named “CNHT” came from the intention of Zhao Dong, one of the shareholders of the Bitfinex crypto exchange.
Bitcoin Holds Steady at $20,000 Level as The Fed Hikes Rates as Expected
The Federal Reserve enacted the 4th consecutive 75 basis point rate hike on Wednesday. Bitcoin reacted.
Bitcoin Price Analysis: Navigating Between Key Support and Resistance Levels
Bitcoin Price Analysis: Navigating Between Key Support level 89-day MA and Resistance Level 4h 55 period MA
Binance Acquisition of CoinMarketCap for $400M Just a Stone’s Throw Away
Binance, one of the largest crypto exchanges globally, is reportedly ready to splash out nearly $400 million USD to attain CoinMarketCap, the most popular crypto data aggregator. It is alleged that the deal is in the final stages, and it is just a matter of time before it is revealed later this week.
Riot Platforms Bolsters Hash Rate with a $97.4M Purchase of MicroBT Miners
Riot Platforms invests $97.4 million in state-of-the-art mining hardware from MicroBT to scale up efficiency and capacity at its Rockdale mining facility.
Spot Bitcoin ETFs: Transforming Crypto Investment Landscape
The SEC's approval of spot Bitcoin ETFs, including Valkyrie's, marks a pivotal moment for crypto investments, potentially attracting billions in inflows and indicating a surge in Bitcoin's mainstream acceptance.
The University of Wyoming Commits $4M to a Staking Program
The University of Wyoming has reportedly committed funds to a staking pool for three different cryptocurrencies.
DBS Bank Claims COVID-19 Accelerated Central Banks' Interest in Digital Currencies
DBS Bank has pointed out that the coronavirus pandemic has caused a “troubled and intrigued” dilemma for central banks around the world.
CEX.IO Founder: US and UK Investors Expect Bitcoin to Serve as Hedge Against Currency Depreciation
CEX.IO Founder and CEO, Oleksandr Lutskevych is a pioneer in the Bitcoin industry and serial entrepreneur with deep expertise in internet technology businesses. In this second exclusive interview with Blockchain.News, Lutskevych to discuss the current Bitcoin market sentiments in the US and UK following Brexit and discuss CEX.IO’s next steps for 2020.
Long-Term Holder Supply Shock Ratio Breaks Record as Bitcoin's Price Hits 6-Month High of $60K
On-chain analyst Will Clemente believes the next few months will be wild to Bitcoin, given that the long-term holder supply shock ratio is at an all-time high (ATH).
Teucrium Trading Submits Bitcoin Futures ETF Application to SEC
ETF provider Teucrium Trading submitted an application Thursday for an exchange-traded fund (ETF) for tracking the futures of Bitcoin (BTC) to the US Securities and Exchange Commission (SEC).
Dubai-Based Asset Advisors Enables Clients to Purchase Real Estate with Bitcoin and Ethereum
Purchasing real estate property with cryptocurrencies is becoming more of a reality, especially in Dubai.
Crypto firms to Form Coalitions by Promoting Market Integrity, against Market Manipulation
Reportedly, Crypto firms, led by risk monitoring software firm Solidus Labs, are forming a coalition to combat market manipulation in an effort to win for trust across the digital asset industry.
U.S. Financial Regulators Warn Crypto Firms to Tighten Stablecoin AML Risk Controls
U.S. regulators have issued a strict warning on money laundering risks associated with stablecoins and has warned providers to tighten AML protections and controls.
Cyberport: Integrating New Technology and Blueprint for a Smarter Hong Kong
Other than the incubation programme provided, Cyberport also has a programme dedicated to encouraging education in the FinTech and blockchain sector. The Cyberport University Partnership Programme (CUPP) is a program created for university students.
New Zealand Eyeing the Possibility of Rolling Out a CBDC
New Zealand is in the race of setting up a central bank digital currency (CBDC) because it sees it as a stepping stone towards attaining an efficient monetary policy tool.
Voyager to Receive $200m in Repayment of Loans from Alameda Research
Voyager Digital will receive about $200 million in repayment of loans from trading firm Alameda Research.
Crypto Wallet Launches Testnet Trades for 300million Telegram Users
Button wallet which happens to be a non-custodial and multi cryptocurrency provider has announced that it is launching a free testing service on the Telegram Open Network (TON) this would be in an effort to further drive the adoption of Cryptocurrency adoption amongst 300 million telegram users.
Poloniex and Bittrex Added to Ongoing Class-Action Lawsuit Facing Tether and Bitfinex Over Bitcoin Price Manipulation
Two US cryptocurrency exchanges Bittrex and Poloniex have been added to a class-action lawsuit that alleges billions of unbacked Tether stablecoin were used to manipulate Bitcoin prices. The two US exchanges have been added as defendants in an ongoing lawsuit against Tether and Bitfinex. Poloniex and Bittrex have been summoned to appear to the court because of their alleged involvement in the manipulation of Bitcoin price during the bull run in 2017.
ADDX Introduces Cash Management Tool ADDX Earn
ADDX has introduced a cash management tool for investors which consists of a solution that aims to withstand short-term volatility while preserving capital.
Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption
Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.
Investors Remain Optimistic about Crypto Market’s Future Despite Meltdown: CoinLoan
A study undertaken by crypto business CoinLoan shows that most investors are still bullish about the cryptocurrency market's future despite the challenges witnessed.
CoinShares Launches Twitter Bot for NFT Investors
Crypto asset manager CoinShares has launched a helpful Twitter bot for NFT investors.
Why Bitcoin May Crash Below $20,000 Soon
Historical data and technical analysis can help predict Bitcoin's future price. In September 2022, Bitcoin experienced a -3.09% decrease, the most significant since 2014. Amplitude analysis suggests a potential downward spiral to $20,867.67. Technical analysis highlights the importance of the $26,000 support level and the $25,000 support line. Investors should remain vigilant and use historical insights and technical analysis to navigate Bitcoin's capricious valuation.
Discovery Communications Releases Puppy Bowl NFTs to Benefit Ariana Grande's Animal Rescue Charity
Discovery Communications will be selling off 23 unique NFTs to commemorate this year’s Puppy Bowl competition.
Consider These 6 Factors When Trading Crypto In 2021
What do trading audiences expect with high-quality, modern exchange and aggregator services? It has a lot to do with the context of the industry – what people are doing with their assets, and the choices that they have to navigate within the greater fintech ecosystem.
There Would Be No Bull Market If There Was No Bear Market...
Daily commentary on the crypto market and trading advice from Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks.
Fidelity: 60% of Institutional Investors Believe that Digital Assets Have a Place in their Portfolio
Fidelity Digital Assets surveyed 774 institutional investors across the United States and Europe, and 80 percent of those who were surveyed found something appealing about digital assets. The research was conducted from November 2019 to early March 2020 and is the second consecutive year that Fidelity Digital Assets has conducted this survey for US institutional investors and the first for European investors.
Libra Forms Governing Board Despite Shrinking Membership
The Libra Association has reaffirmed its commitment in creating a payments-oriented stablecoin, holding its inaugural meeting yesterday in Geneva, Switzerland.
Catch Lil Bubble at BlockShow Asia 2019
BlockShow Asia 2019 powered by Cointelegraph will bring together experts, media and PR persons, startups as well as investors. This year’s BlockShow Asia is being celebrated as a Festival of Decentralized Technology and there will certainly be elements of entertainment in the two day long conference. An exciting development announced by BlockShow is that Lil Bubble who shot to fame due to his parody of Lil Nas X’s Old Town Road titled ‘All Time Lows’ has been roped in for BlockShow Asia 2019.
MicroStrategy Bitcoin Buying Splits The Crypto Community
MicroStrategy, a business that specializes in software analytics, has just increased the amount of Bitcoin it holds. Following the transaction, the company now has a total ownership of 132,500 BTC, which were acquired for a sum of $4.03 billion. Some people believe that this new move may have the ability to cause a new minimum price for the leading digital asset. Others say that increasing one's Bitcoin holdings exposes one to the danger of centralization.
CoinFund Secures $158M for Seed IV Fund, Surpassing Initial Goal
According to Blockchain.News, CoinFund has successfully raised $158 million for its Seed IV Fund, exceeding its initial target of $125 million. This achievement underscores the firm's commitment to fostering innovation in the web3 ecosystem.
Former Goldman Sachs Marcus Head Launches Crypto Investing App with $33M
Former Goldman Sachs Marcus Head Launches Crypto Investing App with $33 million.
Bitcoin Bleeds Across the Board as BTC Drops to a 6-Week Price Low
Market analyst Joseph Young believes that fear is causing the Bitcoin market to drop.
Will Bitcoin See a Bull Run in October?
Bitcoin price has had fewer price volatility than the stock market and has been more resistant to negative news than before. What will this
Marketlend Launches New Stablecoin Against the Australian Dollar for Security Token Purchasing
Marketlend creates a digital currency to be backed by the Australian dollars to create a secondary market for corporate loans prompting a means through which assets can be tokenized over the blockchain.
Chainalysis Partners with Wyoming Watchdog to Fight Cybercrime and Crypto Laundering Scams
Chainalysis has announced partnered with Wyoming’s Division of Banking to fight cybercrime, crypto laundering, crypto scams, sanctions violations, and more.
President Trump Ends COVID-19 Stimulus Negotiations, Bitcoin Price Plummets
Trump has decided to delay negotiations regarding a second coronavirus stimulus package until after the presidential elections, sending Bitcoin's price down.
Ripple CEO Says DOJ Report Offers No Regulatory Clarity, XRP Price Not Influenced
The tightening regulations on cryptocurrency raise many concerns in the community, the DoJ’s new guidance around cryptocurrency enforcement has Ripple’s CEO concerned.
Blockchain Gaming N3TWORK Studios Secures $46M in Series A Funding
Blockchain gaming startup N3TWORK Studios has secured $46 million in Series A funding led by venture capital firm Griffin Gaming Partners.
VC Shima Capital to Launch $200m Shima Capital Fund I for Web 3 Industry
Early-stage venture capital Shima Capital will launch Shima Capital Fund I, the first fund to support emerging digital assets for web3 and crypto startups.
ETH and XRP Price Analysis: November 25, 2020
Following an impressive week-long growth, ETH and XRP are now slowing their paces. This piece explores the TA behind the current price dip.
Just In: US PCE Price Index Rises, Exceeding Core Forecasts; Bitcoin and Crypto Markets Show Mixed Reactions
The U.S. PCE and Core PCE Price Index have both increased by 3.3% and 4.200004%, respectively, indicating persistent inflationary pressures. Cryptocurrency markets show moderate fluctuations, with meme coins showing resilience. Federal Reserve response will significantly impact economics.
Capital Inflows into Crypto Investment Products, Hit a 3-Month High of $193m
In the past week, inflows into crypto investment products reached $193 million. A scenario last seen in mid-December 2021, according to digital asset management firm Coinshares.
Ripple CTO Regrets Selling Ether for $1 Each, Missed Out on Millions as ETH Looking Bullish
Ripple chief technical officer (CTO) David Schwartz disclosed that he previously had 40,000 Ether in his possession, but that he liquidated it in 2012.
Miss Finland: Most Women Stay Away From Bitcoin Because of Its Risk
Miss Finland a strong female supporter of cryptocurrency says that women tend to stay away from Bitcoin due to its high-risk level, hence its low popularity among women.
Bitmedia is Revolutionizing Advertising for Crypto Projects!
Bitmedia makes it easier to advertise crypto projects through its crypto ad network with Bitcoin banners! Learn how to supercharge your crypto ads with Bitmedia today!
Coinbase Launches 1st Crypto Derivatives Product, Focusing on Retail Brokers
Coinbase Derivatives Exchange (formerly FairX) is launching its first crypto derivatives product Nano Bitcoin futures (BIT) on June 27.
Ethereum’s Network Revenue Shot up by 1,777% Last Annual Year
Ethereum network revenue rose 1,777% from $231.41 million to $4.34 billion, according to market insight provider Bankless.
MicroStrategy Adds Up 3,907 BTC Units to Bring Total Assets to 108,992 Units
MicroStrategy has scooped up a new 3907 units of Bitcoin to bring its total coins to 108,992 units.
UK FCA Regulator Proposes Mandatory AML Data Reports from Cryptocurrency Firms
The United Kingdom’s Financial Conduct Authority (FCA) has proposed obligatory AML reporting requirements for crypto exchanges.
Uniswap Monthly Volume Surpasses Coinbase Under the Influence of the DeFi Craze
Under the influence of the decentralized finance (DeFi) craze, decentralized exchange Uniswap has processed $15.3 billion in monthly volume in September.
KYC on Exchanges Powerless Against PlusToken Ponzi Scammers According to New Report
The PlusToken Ponzi scheme operators are using regulated KYC compliant exchanges to dump their cryptocurrency according to an updated report by investigative firm OXT Research.
Crypto Weekly Inflows Have Topped $500M for Six Consecutive Weeks: CoinShares
Inflows into crypto investment products have been experiencing an uptick for six consecutive weeks, topping $500 million, according to a report by market insight provider CoinShares.
Bitcoin's Illiquid Supply Continues to Grow - What This Means
Crypto trader Carl Martin believes that Bitcoin (BTC) may be getting ready for a monumental move because the current price correction may be a temporary pullback before BTC surges higher.
BMW Uses Coinweb And BNB Chain For Loyalty Program
BMW has integrated a supplier of decentralized architecture as well as BNB Chain for the purpose of settling transactions. In order to further incentivise BMW Group consumers, the loyalty program will use a rewards system that is based on blockchain technology. In the future, BMW owners will be able to utilize their credits toward the purchase of products and services from BMW as well as from a connected environment.
Enjin Launches NFT-Focused Blockchain, Migrates Native Token and Merges Efinity Token
Singapore-based Enjin, a pioneer in the blockchain ecosystem for Non-Fungible Tokens (NFTs) and digital assets, has launched the Enjin Blockchain.
Bitcoin Aggregate Spot Orderbook is Stacked, says Crypto Analyst
Onchain and crypto analyst Cole Garner has noted that the current price correction shouldn’t raise eyebrows because BTC’s aggregate spot order book is stacked, and this is a bullish signal
Why Ripple XRP May Need to Rebound Against Bitcoin for Its Price to Recover
Ripple’s XRP token had rallied steadily alongside Bitcoin during the mainstream cryptocurrency’s last spikes, but not this time.
Aave (LEND) Price Skyrocketed 20,000% This Year—Is DeFi a Bubble Yet to Burst?
Aave’s bullish momentum has pushed its cryptocurrency LEND towards the top 20 coins by market cap after it took the number one spot in the DeFi market.
Kevin Hart Jokingly Calls Crypto “Voodoo Money” While Kanye West Takes Bitcoin Seriously on Joe Rogan’s Podcast
Comedian and actor Kevin Hart recently commented on Bitcoin during a livestream event for MDA USA, Kanye West discusses BTC with Joe Rogan.
Shiba Inu Announces Metaverse Initiative Codenamed "Shiberse"
Shiba Inu announced the launch of the Shiberse, a metaverse world that will be focused on redefining the incentivization model for its growing community.
Bitcoin Sex Scam Claims Another Victim and Generates $115,000 BTC
Recently, a Bitcoin sex scam that has been running since 2015 accumulated fraudulent funds of approximately $115,000 before being detected.
60% of Ethereum Supply Has Been at a Standstill for More Than a Year—What's Next for ETH?
Ethereum's circulating supply has been limited because 60% of it has remained stagnant for more than a year, according to EthHub co-founder Antony Sassano.
Montenegrin Prime Minister Dritan Abazovic has announced a pilot digital currency project
After meeting with Ripple at the World Economic Forum, Montenegrin Prime Minister Dritan Abazovic launched a prototype digital currency initiative.
Burberry Cooperates with Mythical Games to Launch the First NFT in Blankos Block Party Game
The famous British luxury brand Burberry cooperated with Mythical Games to launch its first non-fungible token (NFT) series that provide players with the verification of ownership and real rights.
Coinbase Plans Expansion into Europe amid Market Downturn
Nasdaq-listed cryptocurrency exchange, Coinbase Global Inc has announced its plans to expand its operations in the European Union and the United Kingdom despite the ongoing market downturn.
ETH, XRP, BCH See Bullish Gains, But Still a Far Cry from All-Time Highs
Bitcoin and the top altcoins ETH, XRP, and BCH has seen impressive surges in recent times but the latter three still has a long way from beating their ATH records
South Korea’s Leading Crypto Exchanges Aid Police in Hunting "Nth Rooms" Blackmail Porn Members
The four primary crypto exchanges in South Korea, namely Coinone, Korbit, Bithumb, and Upbit, have reportedly offered to help police investigate the sexual exploitation of underage girls in the “Nth Rooms” scandal that has sparked a national outcry.
Bitcoin Gains 110% Since Its Halving – 4 Reasons Why BTC Is Only Going to Rally Higher
Bitcoin’s price has more than doubled in value since its third halving in May. Market experts think that Bitcoin will only rally higher due to four reasons.
The Bank of Tanzania to Introduce CBDC, Strengthening Domestic Payment System
The Bank of Tanzania is actively introducing a CBDC to strengthen the domestic payment system.
Tether Tokens (USDt) Community and Utility Pushes Market Cap Over $20 Billion
Tether.to, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has surpassed US$20 billion, driven purely by community and utility.
USDC on Crypto Exchanges Spike as Tether (USDT) Dominance Falters - What This Means
According to an assessment from Glassnode, the amount of stablecoins being deposited on exchanges is an indication that things are turning bullish for Bitcoin.
Sharks Dominated ApeCoin APE's Trading Volume in Q2 2023
In Q2 2023, ApeCoin's (APE) trade volume was dominated by sharks (traders with $1M-$10M daily trading). Despite a 32% price drop, APE's governance remained robust with new council members elected and continued funding for ecosystem development.
Total NFT Sales Hit $25B in 2021
The explosion in popularity of non-fungible tokens (NFTs) topped its sales to some $25 billion in 2021, data from market tracker DappRadar showed.
FinCEN Director Warns Crypto Firms Are Not Above Anti-Money Laundering Laws
Speaking at the University of Georgetown, Kenneth Blanco, FinCEN (The United States Financial Crimes Enforcement Network) Director, blasted the crypto firm by informing them that they are not exempted from the anti-money laundering laws.
CoinFund Appoints Dilveer Vahali as Head of Venture Legal to Drive Legal Deal Strategy
CoinFund has hired transactional attorney Dilveer Vahali as Head of Venture Legal on July 31, 2023, to drive legal strategy and support its web3 ventures.
BitMEX to Launch Platform Token BMEX by the End of 2022: CEO
The CEO of BitMEX announced it will launch its exchange token BMEX by the end of this year, citing that the present market conditions are not ideal enough.
Circle Launches Circle Research with Perimeter Protocol
Circle launches 'Circle Research' to further technical innovation in crypto, blockchain, and Web3 through open-source research. The initiative's first contribution, Perimeter Protocol, sets a new standard for building on-chain credit markets. Circle releases the Perimeter white paper and public GitHub Repo to advance open protocol transacting with a focus on credit, catering to a wide range of credit scenarios.
Bakkt to Allow Customers Trading ETH on Digital Asset Platform, Move Beyond Bitcoin Offerings
Bakkt is seizing opportunities to move beyond Bitcoin service offerings.
US Dollar as the World’s Reserve Currency Unlikely to be Diminished, Bitcoin Likely to Suffer
Analysts believe the US dollar's role as the world’s reserve currency is unlikely to be diminished, which may not be the best outlook for Bitcoin (BTC).
African Crypto Traders Get a Community-Driven Token Created By CYF
African development-focused platform CYF, or Community Yield Farming has developed a community-driven token solely for crypto traders in Africa.
Winklevoss’ Predicts Bitcoin Market Cap of $9 Trillion and BTC Price of $500,000 by 2030
Bitcoin billionaires Tyler and Cameron Winklevoss told CNBC that the Bitcoin price will surge to $500,000 within the next decade and replace gold as a store of value.
InvestHK unveils Global Fast Track Programme to boost fintech development with Hong Kong's proven market resilience and fintech opportunities
Invest Hong Kong (InvestHK) today (August 10) unveiled the Global Fast Track Programme, a business-driven programme within Hong Kong Fintech Week (HKFW), Asia's annual flagship fintech event,to help local and global fintech enterprises leverage Hong Kong's proven resilience and fintech opportunities to scale business and accelerate innovation.
Why You Should Use Invictus Capital’s C10 Fund to Buy the Dip
Recently, the cryptosphere has garnered plenty of media attention with bulls, bears, advocates, and cynics all indiscreetly butting heads.
Crypto Tax Automation Platform Koinx Secured a $1.5M Seed Round
On July 5, Koinx, a crypto tax platform focused on providing tax automation for crypto users, announced the completion of a $1.5 million seed round.
Hard-fork to be Deployed Within 24 Hours of The Merge: Ethereum POW
EthereumPoW (ETHW), the splinter of the proof of work from the Ethereum blockchain, announced its plan to launch a hard-fork mechanism within 24 hours after the Merge.
April 27: Not Out of the Woods Yet
How do we trade? Stick to the same plan as last Friday, buy BTC around $6,800 to $7,200 region and stay on the sidelines.
What are the Top 5 Blockchain Market Events to Watch in Q2 2020?
Looking ahead to Q2 2020, what are the top 5 blockchain market events to watch? This article provides a simple guide for you!
2024 Election Impact on SEC's Bitcoin Spot ETF Approval
John Reed Stark's analysis suggests the 2024 U.S. Election may be pivotal in shaping the SEC's policy on Bitcoin spot ETFs.
Advancing CBDC: Bank of Canada In Search of Digital Currency Economist
The Bank of Canada is in search of an economist with expertise in digital currencies and financial technologies to help advance its CBDC drive.
Switzerland Scientists Discovered A New Way to Solve Bitcoin’s Scalability Problem
The discovery of technologies plays a significant role in empowering how people function. This time round, Switzerland scientists have discovered a new approach to tackle Bitcoin’s scalability problem.
AIBC gets back to business with limited free early bird tickets
Malta AIBC Summit 2020 will take place November 18th – 19th, 2020 at the Malta Fairs and Conventions Centre in Ta’ Qali. Positioned at the cutting edge of a very competitive industry, the event has evolved since 2018 into one of the world’s leading events for blockchain and emerging tech, operating on both a European and world stage. In 2019, Malta AIBC Summit welcomed over 12,000 attendees from over 80 countries, and in 2020 this favourite in the global emerging technology event calendar is set to continue growing.
KuCoin Exchange Launches its Meta Office As KuCoin’s First step on Metaverse
KuCoin Exchange has announced it will launch virtual offices in a visually stunning virtual reality skyscraper called Bloktopia.
Bitcoin is the Gift that Keeps on Giving, says Tyler Winklevoss
Bitcoin billionaire Tyler Winklevoss has continued his praise for the BTC cryptocurrency after its mammoth bull run over the last week.
Blockstack’s STX Token Starts Trading on KuCoin Today
Blockstack is increasing its presence in Asia with the addition of its token Stacks (STX) to popular Asian-based cryptocurrency exchange KuCoin.
US Supreme Court Steps In On Coinbase Customer Contract Dispute
The US Supreme Court is set to decide on a contract dispute between Coinbase and its customers, potentially impacting user agreement drafting and enforcement in the digital currency trading sector.
China Clarifies its Stance on Bitcoin: Legal if the Crypto Does Not Act as Alternative to Fiat
China has not always been friendly towards cryptocurrencies, however, the country has not completely banned Bitcoin, according to the Beijing Arbitration Commission.
Coinbase is challenging the U.S. Treasury over the recent tornado cash sanctions
Coinbase is suing the U.S. Treasury for listing Tornado Cash on the SDN List, arguing it violates digital privacy and regulatory authority in the cryptocurrency sector.
Bitcoin Mining Geographical Distribution Shifts as U.S. Becoming the Biggest Beneficiary
BTC mining is becoming more geographically distributed after China's clampdown on Bitcoin mining recently.
Bitcoin Could See Another Bull Run Soon as Pompliano Hints at a Major Government BTC Development
Anthony Pompliano recently told the crypto Twitter community that something big is about to happen with Bitcoin.
Bitcoin and Anonymous Tokens Used in Illicit Child Porn Activities—Crackdown by Spanish Authorities
According to a recent report by Guardia Civil, Spanish authorities arrested several individuals involved in illicit crypto-driven child porn activities. Within the Kiru criminal operation ring, a man was detained for abusing his stepdaughter and using her to generate content for an illegal child porn website. Digital payouts were then made to an offshore account.
Senator Elizabeth Warren Leads Inquiry Into Fidelity's Bitcoin-Backed Retirement 401(k) Account
In the wake of the launch of a Bitcoin-focused 401(k) account in the United States by Fidelity Investments, two Senators have expressed concerns over the company’s latest products.
R3 Partners with Dubai Fintech Firm to Revolutionize the Sukuk Market
Enterprise software firm R3 recently entered into a strategic partnership with a Dubai-based fintech firm, Wethaq. The partnership aims to bring together a platform for issuing and trading Sukuk securities by utilizing R3 Corda’s blockchain.
Underground Bitcoin Mining Pushes China to 2nd Spot in Terms of Hashrate, Study Reveals
The ban on cryptocurrency mining by the Chinese government has not shelved mining activities in the country.
Coinbase Ordered by BaFin to Ensure Proper Business Reorganization
German market regulator has instructed Coinbase to ensure its proper business reorganization
Walmart Files Patent Application for Blockchain-Based Drone Communications
The American commerce giant Walmart filed for a patent application for a drone communication system entitled “Cloning Drones Using Blockchain” in January 2019. The United States Patent and Trademark Office published the patent on August 1.
Bitcoin Falls to the Lowest Level since Dec 2020
Bitcoin has fallen to its lowest level for a year and a half, trading around $25,344 at the time of writing, according to data from CoinGecko.
German Policymakers Cannot Accept Facebook’s Libra
The German cabinet is expected to adopt a comprehensive blockchain strategy with the aim of digitally enhancing its economy. The strategy also consists of plans to tackle risky new technologies such as Libra, which German policymakers fear could become an alternative currency.
Coinbase to Expand European Operations by Acquiring Italian License
Nasdaq-listed cryptocurrency exchange Coinbase Global Inc has announced it has tapped a new license from the Italian market regulator, the Organismo Agenti e Mediatori (OAM).
Former Microsoft Employee Convicted of $10M Bitcoin Tax Fraud Scheme
A former Microsoft employee is facing nine years in prison for defrauding the tech firm of more than $10 million in digital currency.
Why Early Bitcoin Investors "Were not as Lucky” - Crypto Advocate
Bitcoin advocate Pierre Rochard believes those adopting Bitcoin today are luckier than those who adopted the cryptocurrency earlier.
US SEC Approves Third Bitcoin Futures ETF Application from Teucrium
The United States Securities and Exchange Commission (SEC) has approved America’s third functional Bitcoin Exchange Traded Fund (ETF) product that tracks the futures price of the world’s largest crypto asset.
Digital Currencies and Tokenization Might be a Dominant Factor in the Future, says DBS CEO
Piyush Gupta, the CEO of Singaporean multinational banking corporation DBS, believes that the digital currencies and tokenization of assets is now a reality, which might be a dominant factor in the future.
Is USDC’s Value Posed to Surpass that of USDT This Year?
As the stablecoin arena gains steam, the supremacy battle between Tether (USDT) and USD Coin (USDC) continues to rage on.
DOJ Extradites Bitcoin Thief From Cyprus Along With Hezbollah Terrorist
The US Department of Justice has extradited two criminals from Cyprus—one with known connections to terrorism and the other on suspicion of stealing thousands in Bitcoin.
Bitcoin Recovers from Plunge Triggered by Confirmation Hearing for SEC Chair Nominee Gary Gensler
Bitcoin (BTC) dipped after Gary Gensler said that it was a challenge for the SEC to keep cryptocurrency markets free of fraud.
HSBC Prohibits Clients from Trading Bitcoin-Backed MicroStrategy Stock
HSBC has ramped up its anti-crypto policy, banning its clients from trading MicroStrategy stock as the banking institution deems it to be “a virtual currency product.”
DeFi Grows as Total Value Locked Tops $50 Billion
The Total Value Locked in DeFi has topped $50 billion for the very first time, continuing the positive rally started this year.
Meet the FinTech Entrepreneur: Co-Founder of FinFabrik, Florian Matthaeus Spiegl
There has been a lack of innovation and digitization in the capital market systems, we sat down with Florian Spiegl, the Chief Operating Officer of FinFabrik in Hong Kong, to explore his journey from the traditional capital markets industry to the new modern digital space. FinFabrik, a start-up focused on bridging the gap between the traditional financial markets and the digitization of assets has come a long way helping institutions to digitize illiquid and alternative assets.
WEF Proposes Interoperable Stablecoins as Building Blocks for a Sustainable Global Economy
Stablecoins and the technology underlying them will be the building blocks of a more sustainable, inclusive and resilient global financial system according to the World Economic Forum (WEF).
Bitcoin Flash Crashes to $48K Amid Panic over Cryptocurrency Taxation
After Bitcoin (BTC) hit the latest all-time high of $64,895 on April 16, it has been showing a downward trend, expanding its decline to its lowest level since March at $48,338.
Bitcoin and Gold can Coexist, according to Goldman Sachs
Investment giant Goldman Sachs has delved into the issue of how Gold and Bitcoin can coexist together as the BTC continues to cement its status as a safe-haven.
5 Reasons Bitcoin Hit $47K ATH and the BTC Price Surge Will Continue
Why is Bitcoin rising harder than ever before as BTC price pushes for $50,000 after exceeding $47,000 in a new ATH? Here are five reasons for Bitcoin's growing strength.
GoSats Pairs with NPCI to Launch a New Bitcoin Cashback Reward Card in India
The Bitcoin Rewards app GoSats has partnered with the National Payments Corporation of India (also known as NPCI) to launch a new cash-back reward card in India.
Cathie Wood's Ark Investment Has Partnered with 21Shares for a Joint Bitcoin ETF
Cathie Wood, a top wall street investor and founder and CEO of ARK Investment management firm, has cooperated with 21Shares to apply for the Bitcoin ETF-Ark21Shares ETF jointly.
Axelar Partners With LongHash Ventures to Launch Its First Global, Cross-Chain Accelerator Program
LongHash Ventures, Asia’s first Web3 Accelerator and one of Asia’s leading Web3 venture funds, today announces its partnership with Axelar, a cross-chain communication network for Web3, to launch the LongHashX Accelerator Cohort 10 Axelar Cohort.
Gemini Eyes Singapore Expansion With New Asia Pacific Managing Director
The Gemini crypto exchange, owned and operated by the Winklevoss’ Twins, has set its sights into a further expansion into the Asian market with the hiring of Jeremy Ng as Managing Director for Asia Pacific. Ng was formerly the CEO of Leonteq Asia.
Bitcoin Flash Crashed to $51K,Triggering a $9.32B Liquidation - What's Next?
After Bitcoin fell below the previous support level of $60,103 yesterday, it plummeted from $60K to around $51K, incurring a loss of around $9,000 in just four hours and creating the largest reversal record since February.
Chainlink Rebounds While Large-Cap Altcoins Lag Behind, DeFi Market Reaches $10B in Total Value Locked
Chainlink (LINK) has been making over 18 percent gains in the past 24 hours, taking the lead ahead of most of the large-cap altcoins and Bitcoin.
Microsoft Bitcoin-Based Identity Tool Launches Beta Version
Microsoft’s decentralized identity (DID) tool, ION which is based on the Bitcoin blockchain, launched a beta version on bitcoin's mainnet on Wednesday.
Bitcoin Price Could Drop in the Short Term As BTC Consolidates at $46K
The Bitcoin price traded to a new all-time high at $48,308 before correcting lower and now appears to have hit a short-term downward trend. Where to next for the BTC price?
TrueUSD Partners with Alchemy Pay to Facilitate Direct Crypto Purchases in 173 Countries
Alchemy Pay partners with TrueUSD to enable direct crypto purchases via fiat in 173 countries, enhancing accessibility and transparency in the crypto industry.
How Bitcoin's 2020 Record Price Run Past $18,000 Is Different From Its All-Time High in 2017
Bitcoin has once again soared to new heights, rallying above $18K and trading at $18,393.95 on CoinMarketCap at the time of writing.
Strong Resistance For Bitcoin on its Path Towards $40K Lies at $37K
Data science firm IntoTheBlock believes that Bitcoin has to breach the $37,000 level because it is a significant stumbling block on its journey towards $40,000.
NYDIG Expects to Hold $25 Billion In Bitcoin for Institutions by End of 2021
NYDIG expects the company to continue holding for more bitcoins for an increasing number of institutions, with CEO Ross Stevens predicting around $25 Billion in BTC in 2021.
Bitcoin Miners’ Outflow Volume Hit a Monthly Low
Bitcoin miners are not yet out of the woods because their outflow volume reached a monthly low of 47.163 BTC.
Has Ethereum Underperformed Against Bitcoin? Here’s What the Data Says
Ethereum’s price has been underperforming Bitcoin lately, but it is still currently trading above its key support level at $600. What's next for ETH?
Bitcoin’s Dominance Skyrockets as Market Capitalization Tops $1 Trillion
On-chain metrics provider Santiment believes Bitcoin’s dominance and price have been driven by a surge in token circulation.
Omicron Soares to an ATH, amid the Covid-19 Pandemic Variant Outbreak
The price of one tiny cryptocurrency, coincidently named Omicron (OMIC) after the fast-spreading Covid-19 variant, has soared to an all-time high.
Coinrule Unveils AI-Driven Marketplace to Simplify Automated Trading
Coinrule has launched an AI-driven Marketplace, offering pre-built trading strategies and customization. The platform aims to simplify automated trading for all experience levels.
A Breakout May Happen in the Bitcoin Market Soon, says Market Analyst
Market analyst Michael van de Poppe believes that a breakout might happen in the Bitcoin market in the course of the week because the volume is draining down.
US-Based Invesco Investment Firm Launches Physical Bitcoin ETP In Europe
Invesco has finally launched a physical Bitcoin exchange-traded product in Europe, just after a few weeks of withdrawing a filing for a Bitcoin future exchange-traded fund in the US.
Coinbase Bolsters Advisory Board with Security Experts
Coinbase has enlisted four national security experts to its Global Advisory Council, including former U.S. Secretary of Defense Mark Esper, former U.S. Representative Stephanie Murphy, Counterterrorism Advisor Frances Townsend, and strategist David Urban.
Riddle&Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3
Riddle&Code, one of Austria’s fastest-growing startups, has established a new path of digitalization for industrial companies with its evolved purpose - onboarding industries to Web3. For many industrial companies it is challenging to transition into the new standards and find their way in the Web3 universe, often delaying entry into new potential business models. With this new technology from Riddle&Code, it is possible to tokenize industrial machines, create new crowdfunding opportunities, and provide trusted data.
Primex Finance Launches Its Beta Version, Letting Users Experience Its Cross-DEX Trading Features
Primex Finance, the first-ever cross-chain prime brokerage protocol, launches the Primex Beta on the Ethereum Goerli testnet. The Beta version allows users to experiment with the protocol’s cross-DEX spot margin trading. With the Beta launch, Primex also introduces the new Referral Program for early users, offering benefits to early registrants and referral-based rewards.
Bullish.com to Layoff Staff amid Market Downturn
Cryptocurrency exchange Bullish.com has joined other crypto companies in making layoffs to tackle the massive market downturn.
Large Bitcoin Transactions Worth More Than $100K Go Through The Roof
Large Bitcoin transactions have been on an uptrend, indicating institutional investments and whale activities.
How Bitcoin Donations Supported the Noble Cause of Taming Australian Bushfires
The harm caused by the Australian bushfires necessitated immediate response, and the Crypto Fire Alliance, a group of Australian and international blockchain and cryptocurrency businesses, stepped in to curb the situation through philanthropy.
StarCard Sports Games Launches “Legends” Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos
StarCard Sports Games (SCSG), the creator of New World Football Alliance, a play-to-earn football (soccer) video game marrying blockchain with social impact and environmental initiatives, announced today the launch of their Legends platform. This is a series of real-world and in-game partnerships between SCSG and some of the most iconic names in football history, including Ashley Cole and Roberto Carlos. These partnerships will be reflected in StarCard Sports Games’ new title, “New World Football Alliance,” as well as through the creation of NFTs and the curation of real-world events around the globe.
Binance Liquidates Entire FTT Holdings
Binance is liquidating its remaining FTT holdings, according to the crypto exchange CEO Changpeng "CZ".
NYC Mayor-Elect Adams Says He Will Take First 3 Paychecks in Bitcoin
New York City Mayor-elect Eric Adams, a cryptocurrency proponent, made a landmark statement saying that he will take his first three paychecks in Bitcoin when he takes over City Hall in January.
Bitcoin Investors are "Buying the Dip" in Anticipation of a Bounce Back to $55K in Six Months, Morning Consult Study Shows
Bitcoin investors are still optimistic because they continue stacking with the expectation that the price will rebound to the $55,223 level in six months, according to a study by data intelligence company Morning Consult.
Coinbase Q3 Financial Data Lower Than Expected, Stock Falls
Coinbase's Q3 financial data revealed that the total net income and the earnings per share owned by shareholders were lower than what analysts had expected.
40 Public Firms Invest around $6B in Blockchain Industry: Blockdata
Google's parent company Alphabet has become the top investor in the blockchain industry, according to a research report released by the blockchain market intelligence agency Blockdata.
CoinDesk Under Fire for Retracting Articles on Justin Sun and Chainalysis
CoinDesk, a prominent cryptocurrency news source, has been accused of retracting articles criticizing industry players, raising concerns about its commitment to balanced reporting and editorial integrity, highlighting the need for objective reporting.
Donald Trump is “Not a Fan” of Bitcoin and Crypto, Citing High Volatility
“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money.” Donald Trump tweeted on 11 July.
South Korea May Reconsider Stance on Bitcoin ETFs
South Korea's Presidential Office has urged the Financial Services Commission to reconsider its stance on Bitcoin ETFs, indicating a potential shift in the country's cryptocurrency regulation, following initial warnings against U.S.-based spot Bitcoin ETFs.
Coinbase Reports $1.8 Billion Total Revenue for Q1 2021 and Outperforms Its 2020 Figures
Coinbase released its Q1 report showing an estimated revenue of $1.8 billion and 6.1 million monthly transacting users.
Crypto Advocate Pierre Poilievre Elected as Leader of Canada's Conservative Party
Bitcoin-friendly Pierre Poilievre was elected leader of the Conservative Party of Canada on September 11.
Member of Dark Overlord Crypto Hacking Group Pleads Guilty to Ransom Attacks
UK national Nathan Wyatt was found guilty of multiple charges this week after extracting personal information from victims while demanding a Bitcoin ransom.
Winklevoss Explains Why Bitcoin Is a Key Investment for Companies, Will Apple Add BTC Eventually?
A major factor that has been contributing to Bitcoin’s price rallies has been the wave of institutional inflow that has served to fuel its price momentum.
Bitcoin Whales not Throwing in the Towel, Accumulating 60K BTCs in Last 2 Months
Bitcoin might not have found its right footing since the start of the year, but this has not discouraged whale addresses from accumulating more coins.
Bitcoin Mining Pools Negatively Impacted as Northwest China Undergoes a Complete Blackout
The hashrate of various Bitcoin (BTC) mining pools dropped based on the blackout experienced in Northwest China, as acknowledged by pseudonymous Chinese journalist Wu Blockchain.
Entertainment Platform CHILI Partners with Coinbar to Accept Crypto Payments
European entertainment video-on-demand platform CHILI has announced a partnership with blockchain fintech firm Coinbar to accept Bitcoin, XRP, DigitalBits and Tether for purchases.
Woman Arrested for Bitcoin Murder-for-Hire Deal with Dark Web
A Nevada woman has been charged with a murder attempt in which she paid a hitman Bitcoin in exchange for killing off her ex-husband.
Will Bitcoin Replace Gold as A 'Traditional Safe-Haven Asset?' Experts Debate
Nigel Green, CEO, and founder of financial consultancy firm deVere Group, addressed Bitcoin’s bullish traction on the crypto market and boldly stated on his Twitter platform that the cryptocurrency was potentially going to “knock gold from its long-held position” of being a safe-haven asset.
UAE's YallaMarket Now Accepts Crypto Payments
YallaMarket, a grocery delivery startup in the United Arab Emirates, has announced it has started accepting crypto payments for its services.
Cardano’s ADA Becomes Third Largest Cryptocurrency by Market Capitalization
Cardano’s ADA has become the third largest crypto asset by market cap.
Russian Blanket Crypto Ban May now be Limited to PoW Mining Activities
New reports emerging out of Russia now suggest that the Central Bank of Russia (CBR) is looking to amend its proposed plans to enact a blanket bank on digital currencies
Union Bank of the Philippines to Enhance Crypto Trading & Custody Services
Union Bank of the Philippines plans to choose Metaco and IBM to enhance cryptocurrency trading and custody services, taking advantage of the Asian country's rapid adoption of digital tokens.
Governments Will Eliminate Bitcoin, Says Investor Jim Rogers
Will decentralized cryptocurrencies like Bitcoin—that are beyond the influence of Sovereign Governments—be allowed to survive? Not according to American investor and financial commentator Jim Rogers.
MicroStrategy Plans to Purchase Additional Bitcoin Reserves With Excess Cash
MicroStrategy has revealed to its investors that it has plans to purchase “an additional Bitcoin” with the company’s excess liquidity
Zimbabwe’s Central Bank Finally Takes a Big U-Turn to Regulate Cryptocurrencies
Reserve Bank of Zimbabwe, the country’s central bank, revealed that it would develop a regulatory framework to check operations of companies dealing with cryptocurrencies. The Chronicle, the local newspaper, reported that the Reserve Bank of Zimbabwe (RBZ) has already begun drafting a policy framework to guide business activities of cryptocurrency firms.
Irish MEP Calls for Tightened Rules on Crypto Assets
Irish MEP Chris MacManus has submitted a proposal to the EU per crypto regulation
JPMorgan Conducts Strategic Investment to Blockchain Firm TRM Labs, Expanding Crypto Business
Financial tycoon, JPMorgan Chase (JPM), said it is making a "strategic investment" in San Francisco-based blockchain intelligence platform TRM Labs, aiming at expanding the crypto business.
LocalBitcoins Clocks 300,000 Mobile App Downloads, With Africa Making a Mark
Two months after reaching 200,000 mobile app downloads on iOS and Android, LocalBitcoins has scaled the heights by crossing the 300,000 mark.
Gemini Co-Founder Winklevoss Thinks BTC Is Set For Its Next Bull Run, With the Fed's Money Printing
Co-founder and CEO of Gemini crypto exchange Tyler Winklevoss thinks that the US Federal Reserve’s economic stimulus strategy would positively impact Bitcoin and its pricing on the crypto market.
Jul 10 Trading Analysis: When bitcoin sneezes, the crypto world catches a cold
With escalating covid19 cases in some US states (esp Florida, Texas, California and etc - it's very hard to ignore that when the cases keep rising), Oil now back to below $40, lack of any macro news tonight and some technical exhaustion signs on equity indices, I think US stocks will trade weak tonight; and I think there is a likelihood that S&P will likely close near the BIG 3k level.
German Deutsche Borse Exchange Seeks to Launch New Bitcoin Exchange-Traded Product for Trading
Bitcoin the world’s largest cryptocurrency is making another notable milestone in crypto history as it will be the first crypto asset listed as an exchange traded product (ETP). The company announced the exchange-traded product, popularly known as the Bitcoin exchange-traded crypto (BTCE) - is Bitcoin-backed security that would be listed and traded on Deutsche Borse’s Xetra market-based in Germany. ETP is a financial instrument whose value is based on the underlying security (such as currencies, bonds, and stocks) and is traded on stock exchanges.
Bitcoin Funding Hits a Monthly Low as Consolidation Continues
The consolidating Bitcoin market has been partly prompted by funding rates hitting a monthly low.
With 245 Investments and Financing Deals in Blockchain, Will China Carry on Its Expenditure in the Future?
Xinhua reports that there is a 40% decline in Chinese investment and financial deals within blockchain technology
French Football Star Mbappe Seeks out Crypto Scammers Trying to Score off The PSG Striker's Reputation
Kylian Mbappe PSG star launches lawsuit over Bitcoin scammers who are allegedly using his name and image to convince investors to buy-in.
Bitcoin Price Consolidates as Ethereum Price Surges to Hit All Time High
The Ethereum price finally surpassed its all-time high and peaked at a price of $1,432 yesterday, while BTC remains stagnant. Does this mean the Bitcoin bull run is over?
CEO Of BTCS Explains How The Company Surpassed $1M In Crypto Assets
BTCS Inc. is a publicly-traded cryptocurrency and blockchain company that recently surpassed the $1 million milestone in crypto assets under management (AUM). The landmark achievement comes after crypto prices recovered from the mid-March slump (Black Thursday). Reports indicate that Bitcoin-focused crypto hedge funds are outperforming their more-traditional counterparts. BTCS plans to pursue a measured approach to diversifying its current cryptocurrency holdings. BTCS shares are up more than 215% year-to-date.
Coinsfera Enables Users to Trade USDT in UAE through OTC
Coinsfera, the global OTC digital asset trading platform, announced that it enables users to trade stablecoin USDT in Dubai.
Burger King Brazil Accepts Dogecoin as a Payment Method for Purchasing a Dog Snack "Dogpper"
The Brazilian branches of Burger King, an American premium fast food service company, officially announced yesterday that it will accept Dogecoin as a payment method for the purchase of a dog snack called "Dogpper".
White House Top Tech Adviser Holds Millions in Bitcoin
Timothy Wu, a top technology and competition policy adviser for the White House, is identified to be a bitcoin millionaire. Politico featured the tech adviser for the Biden administration and quoted his personal financial disclosure.
Celsius Network Announces Court Approval of Reorganization Plan
Celsius Network has received court approval for its Plan of Reorganization, which aims to transform the company into a creditor-owned bitcoin mining firm, with over 95% creditor support, and aim for a 2024 Chapter 11 emergence.
Follow up: Almost 300,000 Addresses Hit in Binance Dusting Attack Launched Against Litecoin
Cryptocurrency exchange giant Binance alleged that a dusting attack had been launched on Litecoin (LTC). Being the fourth-largest altcoin, this had gained substantial attention amongst cryptocurrency proponents.
Elon Musk: Lightning Network Needed to Fix Scalability Problem in Bitcoin Network
Elon Musk urges that layer-2 payments Lightning Network is essential to offer the required bandwidth for Bitcoin transactions to solve its scalability problem.
Authorities Uncover Illegal Bitcoin Mining Farm In Kyrgyzstan
Federal authorities have uncovered a large illegal Bitcoin mining site in Kyrgyzstan in the territory of the Bishkek Free Economic Zone.
$4B Co-founder Of OneCoin Fraud Pleads Guilty, Faces 60 Years In Prison
Karl Sebastian Greenwood, who was one of the co-founders of the fraudulent cryptocurrency scam OneCoin that included several billions of dollars, has entered a guilty plea to numerous counts brought up by the United States Department of Justice. The sentencing hearing for Greenwood is scheduled to take place in front of District Judge Edgardo Ramos on April 5, 2023. He may get a term of up to 60 years in prison at that time.
Doge Army Wins Hot Doge Wieners Bidding for $15,001, Breaking Guinness Record
Food industry leader Oscar Mayer owned by the American food company Kraft Heinz officially tweeted that DogeArmy has pushed the price of its Hot Doge Wieners to $15,001.00.
Vitalik Buterin Presents Ethereum 2.0: The Three Things You Need to Know
Vitalik Buterin, having recently attended DevCon 5 held in Osaka Japan, visited Hong Kong at the Hong Kong Jockey Club University of Chicago Academic Complex, at an Ethereum Meetup hosted by the Polsky Center for Entrepreneurship and Innovation at The Hong Kong Jockey Club University of Chicago Academic Complex | The University of Chicago Francis and Rose Yuen Campus in Hong Kong along with the Fintech Association of Hong Kong.
Are Institutional Investments Fueling Correlation Between Crypto and Stock Markets?
With macroeconomic factors like interest rate hikes affecting both stocks and crypto, this begs the question: are institutional investments propelling the correlation between the two markets?
Australian Business Icon Dick Smith Threatens The Guardian With Lawsuit Over Bitcoin Scam Ads
Australian entrepreneur Dick Smith is threatening The Guardian with legal action after it hosted ads linked to fake news of Smith supporting a Bitcoin and crypto scam.
Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023
USD coin issuer and digital financial technology firm, Circle, is now set to expand its Euro Coin and its cross-chain transfer protocol to the Solana ecosystem in the first half of 2023.
Facebook Bans Bitcoin Content—A Push for Libra?
Facebook users have been reporting that there has been a new ban on Bitcoin-related content, however, other cryptocurrencies have been excluded from this ban.
House Stablecoin Bill to Seek Two-year Ban on Issuing New Algorithmic Stablecoins
U.S. House of Representatives is drafting a new bill to impose a two-year ban on issuing new algorithmic stablecoins similar to TerraUSD (UST), according to Bloomberg.
February 18, 2021: Crypto Price Analysis for BTC, ETH, and DOT
As BlackRock has announced its intent to "dabble in Bitcoin", the cryptocurrency has continued its surge, along with Ethereum (ETH) and Polkadot (DOT).
13.38% of Bitcoin’s Money Supply Has Now Moved Between $31K and $40K
On-chain analyst William Clemente III disclosed that 13.38% of Bitcoin’s circulating supply standing at 18.73 million BTC has moved between the $31k and $40k range.
HKMA Stablecoin Regulations to Demand Backing by Underlying Assets
The main financial regulator will require stablecoin issuers to always back their values with reserve assets.
Crypto Bull Anthony Pompliano Reveals That 80% of His Wealth Is Bitcoin
Anthony "Pomp" Pompliano, the co-founder of Morgan Creek Digital and host of the Pomp podcast show, disclosed that 80% of his wealth was allocated to Bitcoin.
"Buckle Up" For Bitcoin's Next Bull Run, Cameron Winklevoss Says
Gemini co-founder Cameron Winklevoss believes that the next Bitcoin bull run coming up will be "dramatically different,” due to the innovative financial resources that crypto investors have access to nowadays and to the current economic infrastructure.
Russian National Extradited to the U.S. to Face Crypto Money Laundering Charges
Alexander Vinnik, a Russian national accused of running an illegal crypto exchange BTC-e was extradited to the United States to face fraud charges.
Delegated Proof of Stake Blockchain Accumulate (ACME) Releases Governance Documentation
Delegated Proof of Stake (DPoS) blockchain Accumulate has released its official governance documents. These detail the network’s constitution, its list of stakeholders, and the various rules and policies that govern both the protocol and the community. They also outline the primary role that the ACME token will play in the protocol’s development.
In Blockchain We Trust? New Paths to Religious Consensus
Religion, technology, blockchain, and AI. Deep, far-reaching concepts come together in mysterious and fascinating ways to form the basis of new religious and faith movements.
Bitcoin Looks Set to Make the Highest Weekly Surge Since March
Bitcoin (BTC) has been sluggish for the past couple of weeks, but this might change because it is on course for its highest weekly gain since March.
Growth of Memecoins Shows the "Power of Decentralization": CZ
Changpeng Zhao, the Chief Executive Officer of Binance, known on social media as “CZ”, said in an interview with the Associated Press that the growth of memecoins, particularly Dogecoin is a direct reflection of the “power of decentralization.”
Bitcoin’s Average Coin Dormancy Hits a 3-Month High
Bitcoin's average coin dormancy has been going through the roof based on the current consolidating market.
Early PEPE Coin Investor Suffers 43.4% Loss in Recent Trade: What the Data Reveals
Crypto trader 0x025 sold 263 billion $PEPE tokens for 226,000 $DAI, causing a 43.4% decrease in value. The transaction, his second in 52 days, follows controversies surrounding the $PEPE coin, including founder scandals and insider trading allegations.
BlackRock CEO Larry Fink Says Bitcoin Can Evolve Into Global Asset and Impact Dollar
Larry Fink, CEO of BlackRock the world's largest asset manager with $7.4 trillion assets under management, says Bitcoin can evolve into a global asset and impact the US dollar.
Federal Reserve's 2024 Interest Rate Pause: A Boost for Cryptocurrencies and Stocks
The US Federal Reserve's decision to pause interest rates in 2024 signals a positive shift for cryptocurrencies and stocks, with significant gains in the market and a rally in the S&P 500.
Gemini Enters Wealth Management After Acquiring BITRIA
Gemini announced that it has acquired BITRIA to provide a digital asset ecosystem for wealth management institutional asset managers.
National Australia Bank to Launch Ethereum-Based Stablecoin
NAB will introduce an Ether-based Australian dollar-pegged stablecoin. Reports say the AUDN stablecoin streamlines cross-border transfers and carbon credit trading.
Meta Lifts its Crypto Advertisement Banning Policy
The social networking giant meta, previously known as Facebook, said on Wednesday that it would withdraw its policy of banning most cryptocurrencies from advertising on its social platforms.
Dr. Ben Goertzel—Creating an AI Marketplace for Paypal’s 286 Million Users
In this second part, we discuss SingularityNET recent projects and collaborations with Toda Network, PICC Services and PayPal.
Chainalysis Research: Crypto Assets Worth $50 Billion Exited China in 2019
Tether and cryptocurrency assets valued at nearly $50 billion left China in 2019 according to Chainalysis.
Bitcoins Used in Facebook Scheme to Scam Suicidal Victims Into Buying Drugs
A cybercriminal ring operation has been inciting Facebook users to employ Bitcoin and other cryptocurrencies, in exchange for drugs. This investigative report from the UK depicts the strategic techniques used to track down the unknown villains operating behind this devious scheme.
FTX Wins Bid to Take Over Bankrupt Voyager's Assets
FTX took over bankrupt crypto brokerage Voyager Digital Ltd.'s assets after winning an auction with a bid of about $50 million, the information was shared by people familiar with the matter.
Bitcoin Exchange Outflow Reaches its Lowest Mark in Over 3 Years
Cryptocurrency exchanges have continued to witness outflows in Bitcoin balances over the past couple of weeks
Singapore-based Online Press Initium Media Accepts Membership Subscription in Crypto
Online Chinese-language press Initium media announced the digital media platform had accepted cryptocurrencies to pay for membership subscriptions.
Voyager Secures Approval to Return $270M to Customers
Crypto firm Voyager Digital Holdings Inc. is set to return $270 million in customer cash, the Wall Street Journal reported.
Web3 Music Platform Coop Records Raises $10 Million
Coop Records, a Web3 music-focused platform founded by NFT song collector Cooper Turley, has raised $10 million, according to Billboard.
Iran to Pump Liquidity in Economy by Permitting Power Plants to Mine Bitcoin
Iran has given power plants the green-light to undertake Bitcoin mining on a large scale as this will spur economic growth from the revenue generated. Nevertheless, interested parties must adhere to various regulations like not using subsidized fuel to extract Bitcoin and other cryptocurrencies.
El Salvador Bukele's administration proposed 'Bitcoin bonds'
El Salvador submitted a law to legalize digital assets in public issuances. The government intends to raise $1 billion for "Bitcoin city" Half of the cash would go to Bitcoin.
Allianz Advances with Blockchain-Based Token System
As the growing adoption of blockchain technology approaches the mainstream enterprises, the insurance giant, Allianz has also entered the blockchain sector.
China Guangzhou Public Transport Launches Digital RMB Payment Function
China's Guangzhou became the first city to launch a pilot function of a digital RMB payment code to pay for bus rides.
Bitcoin Plunges Despite Tesla's Bitcoin Announcement and Reports of Fidelity's ETF Filing
Bitcoin is down despite Fidelity's ETF filing and Tesla's announcement that the company will welcome Bitcoin payments.
What to Expect of Cryptocurrency and Bitcoin Trends in 2021
With Bitcoin rising to new heights, the cryptocurrency’s sustained price rally on the markets may be indicative of what may be in store for it next year.
Blockstream Samson Mow on Scalability: Bitcoins are Tanks while Altcoins are Bicycles
Towards the end of 2017, the cryptocurrency market was in a state of delirium. Bitcoin set record price after record price and reached a peak of around $20,000 USD per token. During this market frenzy, a huge issue long-suspected by educated developers was finally revealed—the bitcoin network had become overloaded and was running against the limits of its capacity, unable to scale beyond seven transactions per second.
Circle Plans to Cover USDC Shortfall After SVB Shutdown
Circle, the issuer of the stablecoin USD Coin (USDC), has announced that it will use corporate resources to cover the shortfall on its reserves after Silicon Valley Bank (SVB) was shut down by the California Department of Financial Protection and Innovation. USDC liquidity operations will resume as normal when banks open on Monday, enabling redemption at 1:1 with the US dollar. The stablecoin lost its $1 peg on March 11, trading as low as $0.87, due to the disclosure of $3.3 billion of Circle's reserve held at SVB.
Binance Lauches NFT ticketing Solution with Italian Football Club S.S. Lazio
Cryptocurrency exchange Binance has announced a partnership with Italian football team S.S. Lazio for an NFT ticketing solution, a new feature that will help Lazio fans to enjoy new digital tickets with non-fungible tokens in an easy and fair while more reliable way.
Why Energy Experts are Watching the Crypto Market Closely
Words like Bitcoin and Oil Market seem to have no correlation between them. However, given the kind of small world we are living in, there's more than meets the eye. Check out this article which explains the perfect correlation between Bitcoin and Oil Market and why energy experts are keeping a close watch on the crypto market.
What is Grayscale Bitcoin Trust (GBTC)?
The Grayscale Bitcoin Trust is an investment vehicle that is designed to enable investors to trade Bitcoin shares without actually owning BTC.
Thousands of Solana Wallets Hacked, Estimates of Damage Unclear
The hack on Wednesday was executed after a flaw was exploited to suck out cryptocurrencies from 8,000 crypto wallets where owners stored their funds, the Solana Foundation announced.
Riot Blockchain Mined 508 BTCs, Increased 150% in April
The production growth is attributed to Riot Blockchain’s continued investment resources in its plants and advanced mining chips.
Fusion Hacked? CEO Says That 10M FSN Tokens are Gone
The blockchain-based financial platform, Fusion Network has announced a compromised wallet on Sept. 28. The Fusion swap wallet compromise resulted in a theft of 10 million native FSN tokens.
FTX/Alameda's Crypto Portfolio Valued at $1.19 Billio
Lookonchain's analysis outlines the $1.19 billion worth of cryptocurrency holdings by bankrupt FTX/Alameda, with the FTT token leading at $482.98 million. As the crypto market experiences a bull run, these holdings, including BTC and ETH, could significantly influence the bankruptcy outcome.
ECB Blog Casts Doubt on Bitcoin's Value Following ETF Approval
ECB blog post criticizes Bitcoin's utility and questions its value, even after SEC's ETF approval, warning of potential societal risks.
Crowd Sentiment Towards Bitcoin Tends to be More Positive Than Usual
Crowd sentiment towards BTC has been on an upward trajectory because more traders have become optimistic about this crypto asset scaling the heights.
Ethereum’s Price Could Reach $20,000 in This Bull Cycle According to Metcalfe’s Law, says Wall Street Veteran
According to the Real Vision Group CEO, Raoul Pal suggests that Ethereum could have the same price potential as Bitcoin.
Brand Connector from Smart Token Labs: connecting brands and NFTs
Smart Token Labs, a Web3 open source software development company, today announced the launch of its newest product, Brand Connector. The first-of-its-kind solution enables any website to recognize and interact with any NFT collection, derivative, or coin. With Brand Connector, Web2 brands can customize content, rewards, and offers by integrating NFTs into their website or loyalty programs.
Greater Bay Area Blockchain Week 2021 to Showcase International Technological Bridges
A nearly week-long premiere virtual event will feature industry leaders discussing the most exciting use cases of blockchain application in fintech, healthtech, investment banking, supply chain etc., as well as strengthen links between China’s own Greater Bay Area and other countries.
A High Correlation Regime Between Bitcoin and Ethereum Persisted Since 2018
Bitcoin (BTC) and Ethereum (ETH) have had a strong correlation since 2018, despite the emergence of a new bull run last year, as acknowledged by crypto data provider Skew.
JPMorgan Says Younger Investors Tilt Towards Bitcoin While Older Ones Favor Gold
Investment Bank JPMorgan through research by its strategists has discovered that older generation investors favor gold while younger generations embrace Bitcoin and tech-based assets
Elon Musk Confirms Russian Bitcoin Ransomware Attack Targeting Tesla, FBI to the Rescue
Elon Musk confirmed that Tesla was recently targeted in a ransomware attack set to extort $1 million in Bitcoin from the car manufacturing giant.
US Files Lawsuit to Recover Cryptocurrency Accounts Linked to North Korean Hacking Operation
The US Department of Justice has filed a suit against North Korean state-sponsored cyber hackers for allegedly perpetrating two major cryptocurrency heists.
Kraken Fights IRS Over Customer Information
Kraken is contesting the United States Internal Revenue Service's demand for critical exchange user information, citing it as an "unjustified treasure hunt." Kraken has requested federal court intervention, pointing out that the IRS has gone "far beyond" its intrusive summons. The fight against IRS is Kraken's response to the agency's February summons, which demanded additional user information to identify Kraken accounts that did at least $20,000 of cryptocurrency trading in any single year between 2016 and 2020.
Ripple Files Response to SEC’s Lawsuit, Demands to Know Why Bitcoin and Ethereum Are Not Securities
Ripple drags BTC and Ethereum into the SEC lawsuit over XRP's status, demanding an explanation as to why the two leading cryptos are not classified as securities.
Bitcoin Supply Held by Long-Term Holders Hit ATH as BTC Exchange Outflows Dominated
Long-term holders have emerged to be significant players in the Bitcoin ecosystem as their accumulation continues to scale the heights.
Bitcoin Anonymity
More than ten years ago, Satoshi Nakamoto created Bitcoin. The aim was to come up with a financial system that included no third-party intermediaries and that’s owned by everyone and no one. Another reason behind Bitcoin’s creation, however, was anonymously transferring funds.
Binance Taps MVP License from Dubai Virtual Assets Regulatory Authority
Binance Exchange has announced it has tapped the Minimal Viable Product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA).
Altcoins Expanding DeFi Ecosystem but Can't Beat Layer 1 King Ethereum: Chainalysis
One of the major investment topics of 2021 was the alternative blockchain networks as big investors are looking beyond Bitcoin and taking a leap into Ethereum.
G20-Backed FSB Sets Out Roadmap for Stablecoins and CBDCs, Optimizing Cross-Border Payment System
The FSB, a G20-backed think tank, has cited the duo of government-issued CBDCs and stablecoins as key drivers in the pursuit of better cross-border payments.
WonderFi Completes $30m Acquisition of Canadian Crypto Platform Coinberry
Crypto marketplace WonderFi has completed the $30 million acquisition of Canadian crypto trading platform Coinberry. The acquisition was closed after being admitted to trading on the Tronto Stock Exchange last week.
'It's Nothing Without its Energy Consumption', Says Peter Brandt against BTC
Peter Brandt, one of the most vocal critics of Bitcoin (BTC) has taken a jab at the digital currency again, dwelling on the coin’s energy correlation with its value this time.
Musk Asks McDonald's to Take Dogecoin as Payment
Elon Musk tweeted, saying that he will eat a happy meal on television if McDonald's accepts Dogecoin.
Present-day Blockchain Industry Hindered by Structural Scarcity of Talents
The growth of the current blockchain sector is being hampered by the lack of enough structural expertise.
Altcoin Market Capitalization to Expect the Biggest Impulse Wave Since 2017, ETH Price to Surge
Crypto trader Michael van de Poppe recently said that the next quarter would be good for altcoins.
Thai Retail Giant to Introduce Crypto Coin for Its Shopping Malls
Thailand's biggest shopping centre developer, Central Retail Corp, is planning to introduce a digital currency among employees.
Social Media - The Good, The Bad, And The Balanced
It’s no secret that today’s world is largely shaped by social media. We post photos of our vacations on Instagram, keep in touch with family on Facebook, and express our public opinions on Twitter or Reddit.
Zimbabwe Plans to Support Crypto ETFs, Calming Lower the Cost of Remittance
Zimbabwe’s Finance Minister, Mthuli Ncube, has confirmed that the country is exploring letting cryptocurrencies thrive.
Cash App Integrates TaxBit for Streamlined Crypto Tax Reporting
Cash App has integrated TaxBit into its services, allowing Bitcoin holders to easily report their taxes. Cash App users can track their Bitcoin transactions for tax reporting purposes through TaxBit’s platform. TaxBit simplifies tax reporting for everyone who has integrated digital assets into their portfolio. The IRS set Jan. 23 as the start of the 2022 tax filing season and reminded taxpayers of their crypto income reporting obligations, including capital gains from trading, mining, and staking activities.
Demystifying the World of Cryptocurrency Exchanges and Investments
Cryptocurrency exchanges revolutionize digital finance by offering services like futures trading, staking, and savings accounts, with potential AI and machine learning integrations. They provide a seamless user experience.
Aussie Regulator Halts 3 Crypto Funds Belonging to Holon Investments
The Australian regulator, ASIC has issued a stop order, halting three major funds linked to Holon Investments
Ukrainian Retailer VARUS Partners with Binance Pay to Launch Crypto Payments
On September 16, Binance announced on its official Twitter that it has cooperated with Ukrainian food chain retailer VARUS to launch cryptocurrency payments.
Twitter Nearly Close a deal selling to Elon Musk, Will Memecoins Soar?
Negotiations between Elon Musk, the CEO of Tesla Inc., and Twitter’s eleven-member board were in high gear on April 25. Musk eyes purchasing the social media giant and making it private.
Bitcoin Price and Altcoins Spike On News of President Trump’s Recovery Against COVID-19
Bitcoin and altcoins have enjoyed a brief price surge on the back of news that President Trump could be discharged from hospital after his bout with COVID-19.
With Recent $9.5 million Offering BTCS Gains Institutional Investor Interest
BTCS, a digital asset blockchain technology-focused company, recently closed an institutional investor-backed $9.5 million financing comprised of 9,500,000 shares of its common stock and common stock warrants to purchase up to 7,125,000 shares of common stock at a combined purchase price of $1.00 per share in a registered direct offering.
Apr 15: The Future Influencing The Present
Trading Crypto with Eugene is a series of daily commentary on the crypto market and trading advice from Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful.
Celsius Network Coin Report Shows Latetst Net Liabilities Over $2.8 Billion
Embattled crypto lending platform Celsius Network's latest coin report shows the company owing a total of $6.7 billion of token liabilities against just $3.8 billion in assets as of July 29.
Overthrowing Bitcoin? Charles Hoskinson Says Cardano Set to Become the Next Best Crypto
In his latest Periscope video, Charles Hoskinson, the creator of Cardano, once again emphasizes that the smart contract platform would become technologically superior to leading networks like Bitcoin and Ethereum or any other blockchain in the industry this year.
About 90 Percent of Countries Representing the Global Economy Exploring CBDCs, Report says
A recent testimony by Julia Friedlander to Congress has revealed that more countries are exploring CBDCs, however, the US is lagging behind.
Time Magazine to Start Accepting ApeCoin
Time Magazine made an announcement via Twitter that it will start accepting ApeCoin in the coming weeks.
New England Revolution Teams Up with Chain as Official Blockchain and Web3 Sponsor
The National Football League (NFL) New England Patriots, and New England Revolution have chosen blockchain infrastructure company Chain as their official blockchain and Web3 sponsor, and said the partnership will go into effect.
Preventing Future Hacks: Twitter Improves Security Ahead of US Elections
Social media giant, Twitter has revamped its security measures for high profile accounts ahead of the U.S. November Presidential Elections.
Ethereum's Revenue Hit $9.9B in 2021 as ETH Emerges as the Most Searched Project
Ethereum (ETH) scaled the heights in 2021 by generating revenue to the tune of $9.9 billion thanks to a couple of use cases on its network.
Unstoppable Domains Raises $65m in Series A Funding Led by Pantera Capital
The new funding for Unstoppable Domains, which builds digital identity markers as NFTs, now has a valuation of $1 billion.
Coinbase to Release Q4 Results, Crypto Winter Expected to Cause amid Ukraine- Russia War
Coinbase, the largest cryptocurrency exchange in the United States, announced that it will release its fourth-quarter earnings report on February 24, 2022, EST. Wall Street analysts expect a brief winter in the cryptocurrency market due to the Crisis in Russia and Ukraine.
Why Regulated Banks Have Greater Potential For Financial Crime Than Bitcoin and Crypto
While agencies focus their attention on transparent Bitcoin transactions, banks have had an official free pass disclaimer to facilitate money laundering the entire time.
Bybit Pairs with Cabital, Providing Trading Service for Crypto
Singapore-based cryptocurrency exchange Bybit has tied with Cabital, allowing users to buy cryptos by using EUR and GBP and enjoy a lower cost.
DEX Platform Velodrome Accuses Coder Gabagool of Stealing $350K
Decentralized Exchange (DEX) Velodrome has come out to make an accusation against one of its in-house developers, Gabagool, for stealing the sum of $350,000 from the platform.
Cointelegraph has launched an Accelerator program for innovative Web3 startups
The program aims to help Web3’s rising stars boost their media presence, community growth and brand awareness in exchange for project tokens.
Commerzbank Applies for Crypto License
After the German commercial bank (Commerzbank) earlier this year applied for license encryption, if they are licensed, will become the country's first major bank to provide encryption currency.
LidoDAO is considering selling or staking its $30 million
LidoDAO, the decentralized autonomous organization behind Lido, is considering staking or selling its $30 million ETH treasury to meet unexpected market swings.
Huobi Global to List Inery Token on September 28th, 2022
Inery, a decentralized data system, announces the official listing of its token on Huobi Exchange is set to go live on September 28, 2022. Huobi Exchange is one of the world’s leading crypto exchanges, supporting over 1000 trading pairs and more than 600 cryptocurrencies. Inery takes a different approach to decentralizing data and data management for both Web2 and Web3 companies while streamlining the shift to the decentralized web.
Goldman Sachs Managing Director Reportedly Resigns After Making Millions from Dogecoin
Aziz McMahon, the managing director of Goldman Sachs' London office, is said to have resigned from his role after earning huge profits from Dogecoin investments.
Coinbase Advanced Collaborates with Coinrule to Introduce AI-Driven Automated Trading
Coinbase Advanced partners with Coinrule, offering AI-automated trading tools to over 1M retail traders. Coinrule's recent AI-driven Marketplace enhances trading strategies, catering to all experience levels.
Strategies for Trading Bitcoin in 2021
Almost everybody that uses the internet knows about Bitcoin trading. And, the Bitcoin market doesn't seem like it will slow down any time soon. So, if you're yet to venture into Bitcoin trading, you need to consider making a move.
Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins
Nifty, a centralized USD-based exchange for non-fungible tokens (NFTs), has announced that the Nifty Gateway 2.0 upgrade is live as of March 17.
Tiger King's Carole Baskins Calls Bitcoin "the Future" in BTC Birthday Video
Bitcoin whitepaper turns twelve tomorrow, nine celebrities including the Tiger King documentary’s infamous antagonist Carole Baskins have wished BTC many happy returns.
Yearn Finance (YFI) DeFi Token Hits $38K, Smashing Bitcoin's Price Record with 3,500% Price Surge
Yearn.finance (YFI) surged to a new all-time high over the weekend, recording a market value north of $38,000 per token and beating Bitcoin’s record in 2017.
Former Nissan CEO Paid Crypto Worth $500,000 to Flee Financial Charges in Japan
Carlos Ghosn, the former Nissan Motors CEO and chairman, paid cryptocurrency worth nearly $500,000 to escape criminal charges he was facing in Japan. This payment was made by his son Anthony Ghosn to American citizen Peter Taylor
Goldman Sachs Recommends Shorting the Dollar, Increasing the Odds of a Bitcoin Bull Run
Goldman Sachs believes that the risks arising from vaccine trials and the uncertainty of the US election could weaken the dollar. What about Bitcoin?
Turkish Government Announces Plans for National Blockchain Infrastructure
The Ministry of Industry and Technology of the Turkish Government announced its plan for a national blockchain infrastructure used in public administration on Sept. 18 in Ankara.
Riot Platforms' Major Expansion: Acquiring 66,560 Bitcoin Mining Rigs from MicroBT
Riot Platforms acquires 66,560 Bitcoin mining rigs from MicroBT, worth $290.5 million, strengthening its position in the cryptocurrency industry, potentially impacting Bitcoin mining dynamics post-halving.
Bitcoin Futures Exchange BitMEX to Block Ontario Crypto Traders
Cryptocurrency derivatives exchange BitMEX announced today that it planned on removing its trading platform services from a Canadian province.
Norwegian Air Set to Accept Cryptocurrency Payments
Amazing times ahead for travelers in Norway as Norwegian Airline, one of the largest in Europe is set to accept the use of cryptocurrency as a means of payments for flight booking.
Bitcoin Futures on CME Breaches The $50,000 Resistance Level
Bitcoin futures on Chicago Mercantile Exchange briefly breached the $50,000 psychological level.
Altcoins ETH, AAVE Sees ATH Price Rallies, XRP Prays For SEC’s Deliverance
While Bitcoin and altcoins Ethereum and Aave have recently recorded ATH prices milestones, XRP would rather prefer just be free from the SEC than pursue ATH in price
US Congress Planned Hearings on GameStop Market Conditions Shows Value of Bitcoin
The US House Financial Services and Senate Banking Committee has announced that it will hold hearings on the chaos surrounding GameStop stocks.
Bloomberg’s Senior Strategist says Bitcoin Could Consolidate Like Gold Before Rallying Higher
Mike McGlone, a senior strategist at Bloomberg said that Bitcoin’s price could potentially soon add another zero to the back of its number.
Cryptoaddiction: The Uglier Side of Digital Currencies
Addiction is an ugly word, but it's an unfortunate reality for many people. Crypto has brought about a new type of addiction. This is an introspective look at what crypto addiction looks like, and advice on where to find help.
Ethereum HODLers Taking Profit After Impressive Run to ATHs
Ethereum price is dropping as investors takes profit after a recent run to an ATH above $4,000
Avalanche (AVAX) Foundation's Innovative Criteria for Meme Coin Acquisitions
The Avalanche Foundation has established an eligibility framework for purchasing meme coins, focusing on stability, security, and community engagement. This move aims to support projects that add value to the Avalanche ecosystem.
Cuba's Central Bank Moves to Legalize Use of Cryptocurrencies
The Central Bank of Cuba has recently announced that it will legalize and regulate cryptocurrencies. Cuba has been rising interest in cryptocurrencies like Bitcoin partly under toughened American embargo rules on the nation.
Hackers Demand Bitcoin Ransom in Exchange for Unlocking Maltese Instagram User Accounts
Instagram users from Malta were reportedly attacked by hackers. Criminals are requesting that users of the locked accounts pay in Bitcoin to regain access to their accounts.
New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis
Greenidge’s 65,000-square-foot facility was initially built in 1937 as a coal plant before eventually being closed down in 2011. The plant remained dormant for five years before Atlas Holdings, Connecticut-based private equity company, converted it into a natural gas plant in 2016 to generate clean energy. Because of the high power that crypto mining machines use in their operations, countries have initiated stricter measures to discourage miners from conducting their mining activities. Some of these measures involve increased electricity fees, which have compelled most miners to move to other cities with favorable electricity billing.
Bitcoin of America indicted for operating unlicensed kiosks
Bitcoin of America, a Bitcoin technology firm, along with three of its executives, has been indicted for allegedly operating more than 50 unlicensed crypto kiosks in Ohio that knowingly benefited from victims of cryptocurrency scams. The firm is facing charges of money laundering, conspiracy, and other crimes connected to the operation of the kiosks, which authorities believe have been operating and evading regulatory safeguards and financial compliance requirements since 2018.
Aussie Baseball Team Perth Heat to Start Paying Players and Staff in Bitcoin
Australian baseball team Perth Heat is incorporating Bitcoin into its business practices and is making preparations to offer salaries in the cryptocurrency.
Bitcoin Maximalist Max Keiser says Investors Holding Assets Other than BTC and Gold are in Trouble
According to Max Keiser, due to the renewed expansion of the Federal Reserve’s balance sheet, all assets are in trouble, except gold and Bitcoin.
Celo Launches Web3 Africa Fund to Support Blockchain Startups
Celo, a mobile phone-focused blockchain platform, launched the Celo Web3 Africa Fund with the goal of supporting 250 projects in the development of African projects.
Dragonfly Fintech Wins G20 TechSprint CBDC Challenge
The Bank for International Settlements (BIS) Innovation Hub and Bank Indonesia under the Indonesian G20 Presidency announced the winners of their jointly organized G20 TechSprint competition last week during a live award ceremony in Jakarta. This third edition of the TechSprint aims to catalyze the development of central bank digital currency (CBDC). Twenty-one finalists from more than 100 applicants worldwide developed and submitted innovative best-in-class CBDC solutions.
Crypto Miner Marathon Secures 200MW Energy Capacity from Applied Blockchain
Bitcoin miner Marathon has announced the completion of a deal with Applied Blockchain to secure at least 200 megawatts of energy capacity.
Bitcoin Stands at Crucial Level of Support at the $45K Region
Market analyst Michael van de Poppe believes that Bitcoin has retraced to a crucial level of support at the $45K area.
$1 Billion in Bitcoin Moved, Making It the Largest Dollar Value Crypto Transaction in History
On-chain crypto data analytics recently picked up a Bitcoin transaction worth more than $1 billion.
Crypto-Spring in Bloom as Institutions and Billionaire "OG" Investors Mature Towards Bitcoin
The Bitcoin price hit its peak of around $20,000 at the end of 2017, but over the last two years it has been trading at around half that value. Along with Bitcoin, other cryptocurrencies that take their cue from the success of the pioneer crypto, have also not achieved anything close to their values at the end of the 2017 ICO rush. But times are changing and according to Alexis Ohanian, co-founder of Reddit and early investor in Coinbase believes the crypto winter is thawing and asserts that we are on the cusp of a ‘crypto spring’.
Blockchain: Technology for Sustainability
The teams of AB InBev, IECISA and Rewire were the winners of the Global Blockchain Challenge, thanks to their innovative blockchain-based solutions that excelled for their technical, business and legal development, scalability and social impact.
Bitcoin Transaction Fees Experience Significant Drop Following Record High
Bitcoin's average transaction fees have dropped to $8-10 for medium-priority transactions, following a record high of $128 on April 20. This surge coincided with the Bitcoin halving, resulting in $78.3 million in fees, surpassing Ethereum 24 times. The highest fee ever recorded was 37.7 BTC ($2.4 million) paid to ViaBTC.
BTI Report Reveals Kraken and Coinbase as the Cleanest Crypto Exchanges
The September issue of the Blockchain Transparency Institute’s market surveillance report, verifying that the cryptocurrency exchange volumes of Kraken and Coinbase are the cleanest in the industry.
Siacoin (SC), LEO Surge Over 14% as Starknet (STRK) Sinks 21% Among Top Cryptocurrency Movers
Siacoin and UNUS SED LEO were among the top gainers over 24 hours, surging 14-15%. Starknet saw the biggest losses, plunging 22%. Ongoing volatility highlights an uncertain crypto market amid weak sentiment and volumes.
DeFi Platform HashBrownSwap Appoints Ian Scarffe as Advisor
Ian Scarffe's extensive investment experience globally has won him a spot at HashBrownSwap (HBS) as a blockchain and cryptocurrency advisor.
Bitcoin Bull Market Sentiment Is Sparking New Blockchain Startup Deals
The evolving and promising blockchain applications are emerging in parallel to technological advancements, enhancing customer experience and utilizing digital assets.
Telegram Users Can Now Trade TON and BTC Through P2P Trading Powered by @Wallet Bot Team
Social media giant Telegram has launched its latest crypto trading service, giving users the flexibility with which to acquire both Toncoin and Bitcoin.
John McAfee Found Dead in Prison After Spanish High Court Approves His Extradition to the US
John McAfee was found dead in prison jail, followed by his extradition to the US approved by the court.
Coin98 Debuts Decentralized App Store on NEAR's Blockchain Operating System
Coin98 has launched a decentralized app store on NEAR's Blockchain Operating System, providing seamless access to top L2 and DeFi protocols for over 7 million users.
Worldline and Ingenico Will Merge Creating FinTech Payments Super Giant
French fintech giants, Ingenico and Worldline are merging in a deal worth €7.8 billion to create the fourth largest company in the global financial technologies sector.
Crypto Market to Hit $4.94 Billion by 2030, Driven by the Need for Transparent Payment Systems
According to a report by Allied Market Research, the global crypto market is expected to rise from $1.49 billion registered in 2020 to $4.94 billion by 2030.
Metaverse-related Market Size in China Expected to Reach $4T: JPMorgan Chase
The market of the Metaverse could triple China's online gaming market from $44 billion to $131 billion, according to a recent research report by JPMorgan Chase (JPM).
Huge Worries As Some Coinbase Customers Express Dissatisfaction Over $10 Maximum Daily Limit
According to ongoing reports and speculation from some quarters in the cryptocurrency world, as regard allegations being brought against Coinbase, the United States San Francesco based cryptocurrency giant exchange and wallet service of restricting some clients to a maximum withdrawal of $10 per day.
Binance Confirms Equity Investment in Musk's Acquisition, Dogecoin Stimulated over Deal
The acquisition of Twitter by Elon Musk has finally been made. Binance confirmed the crypto exchange has invested as an equity investor in Elon Musk's $44 billion deal.
US Congress Examines Draft Stablecoin Bill While Facebook Will Not Launch Libra Until US Regulators Approve
The United States Congress has been considering drafting a bill that argues that all managed stablecoins must be treated as investment contracts and hence are securities.
CoinFund Launches $300m Web3 Fund to Invest in Early Stage Startups
CoinFund is cryptonative investment company. The firm has established a $300 million crypto fund that targets web3 startups.
Opinion: Terra – A lesson learnt for trading platforms?
The events related to the Terra and Luna collapse highlight why trading platforms need to provide clarity and education for their users. With tighter regulations looming, demonstrating responsibility and a commitment to consumer protection is vital if trading platforms are to thrive.
Coinbase's Legal Challenge Against SEC's Decision
Coinbase challenges the SEC in court over its decision to deny a rulemaking petition, marking a critical juncture in U.S. cryptocurrency regulation.
Breaking: London Stock Exchange Rejects £32B Takeover Offer from HKEX
Rejection of Conditional Proposal from HKEX
Private Cryptocurrencies May Soon Vanish From Russia
According to Russia's TASS news agency, Bank of Russia Deputy Governor Vladimir Chistyukhin signalled that private cryptocurrencies may soon go out of existence in the financial markets.
Cryptocurrencies post record inflows in first 11 months of 2021: CoinShares
According to data from digital asset manager CoinShares on Monday, cryptocurrency products and funds posted record inflows in the first 11 months of 2021.
Chainalysis Employs Coinbase Commerce to Facilitate Crypto Payments, Broadening Support for DeFi Sector
Chainalysis has announced the integration of Coinbase Commerce into its payment systems. This new feature enables users to settle invoices with a diverse selection of digital assets, including a variety of DeFi tokens.
Blockchain: The Trust Alternative to the History of US National Credit?
A conscientious look over the last few centuries would reveal that the brief history of the United States is riddled with national credit defaults. In all these instances, the people and the businesses relying on the fiscal value agreements they had made with the Central credit agency found their trust hopelessly misplaced. How can blockchain be leveraged to break the cycle of U.S. National Credit Default?
Bitcoin’s Outflow from Exchanges still Heavy Despite Looming Correction, says Crypto Trader
Veteran market and crypto trader Michael van de Poppe has noted that despite the current price correction, Bitcoin outflows from exchanges are still sizable.
USL Footballer Alex Crognale Now Receives 15% of His Salary in Bitcoin
United Soccer League (USL) footballer, Alex Crognale now receives as much as 15% of his salary from his club, Birmingham Legion in Bitcoin (BTC).
Israeli Team Finest Expand ESports Collaboration To Tezos NFT’s And Blockchain Adoption
Today, Team Finest is pleased to announce the organization has renewed its collaboration with Tezos Israel to build their first NFT on the energy-efficient Tezos blockchain. This one-year renewal of the contract will make history as Team Finest becomes the first eSports club in Israel to produce NFTs for its fans.
US Financial Giant Capital International Group Acquires 12.2% Equity in MicroStrategy
American financial services provider, Capital International Group, acquires 12.2% of the shares in MicroStrategy, leaping over the third-largest shareholder in the company.
Australia-based Zip Considers Adding Crypto Trading Options within a Year
Australia-leading digital retail finance and payments company Zip Co Ltd is considering adding cryptocurrency trading options for customers.
Are Bitcoin Miners The Most Violent People on Earth? Climate Journalist Eric Holthaus Seems to Think So
Eric Holthaus has criticized Bitcoin miners, describing them as violent people.
Litecoin Unseats Ripple XRP as Fourth Largest Cryptocurrency by Market Cap, Is Polkadot Next?
While the world rang in the New Year this weekend, the cryptocurrency industry had more than that to celebrate.
China Construction Bank Announces Updates of Blockchain Platform After $50B Transacted
One of China’s four largest banks, China Construction Bank (CCB) has officially released the second version of its blockchain platform for trade finance, reaching 360 billion yuan ($50 billion) in cumulative transaction volume. CCB announced the release of “BCTrade 2.0,” focusing on digitizing trade and financial services between 54 domestic and overseas CCB branches and 40 external organizations. Reported by Xinhua news, these organizations include state-owned banks and foreign banks.
Arthur Hayes: Major Banks to Challenge Tether's Stablecoin Dominance
Major banks set to challenge Tether's stablecoin dominance, leveraging trust, compliance, and technology in a rapidly evolving market.
Elon Musk Thinks that Bitcoin and Ethereum Prices Are Too High after Cryptocurrencies Hit Record High
Billionaire Elon Musk has been heavily quoted in the cryptocurrency industry lately, as the Tesla CEO recently made it publicly known that he too, holds Bitcoin.
BlackRock Expands Bitcoin ETF Operations with Five Major Wall Street Firms
BlackRock has included ABN AMRO, Citadel Securities, Citigroup, Goldman Sachs, and UBS as new authorized participants in its Bitcoin ETF.
Bitcoin Is Working Despite Broad Market Downturn, Says El Salvador FM
Alejandro Zelaya has defended El Salvador’s Bitcoin plan. According to the finance minister, the plan is working amid challenges posed by the market crash.
Huobi Partners with AstroPay to Provide Fiat-to-Crypto Payment Services in Latin America
Huobi Global has partnered with AstroPay to provide fiat-to-crypto payment services for cryptocurrency exchange users in Latin America.
Jim Cramer Says Every Company Should Have Bitcoin on Their Balance Sheet
After Tesla made a purchase of $1.5 billion worth of Bitcoin, Jim Cramer said that more businesses should get on board with the digital asset.
Bitcoin Hash Rate Remains Steady as Miners are Wiped Out by China Floods
Recent China floods did not affect the Bitcoin network hash rate. However, some miners were not spared as they were wiped out.
Belt and Road Summit 2019—Iranian Investment, Malaysian FinTech and the Kazakh Belt Buckle
Rounding off our exclusive interviews for the 2019 Belt and Road Summit, jointly organized by the HKTDC and the HKSAR Government, we share insights from delegates from Iran, Malaysia, and Kazakhstan
Bitcoin is Emerging as The New Institutional Grade Safe-Haven Asset in 2021, says MicroStrategy CEO
Michael Saylor, MicroStrategy's CEO believes Bitcoin is a compelling safe haven asset that is capable of attracting more mainstream investors
Cyber Science 2020 - Pioneering Research & Innovation in Cyber Situational Awareness
Cyber Science is an IEEE sponsored event, in partnership with the Dublin City University, Ireland. The event comprises four joint and co-located internationally refereed conferences, namely: Cyber Situational Awareness (CyberSA), Social Media, Cyber Security and Cyber Incident.
Cardano EUTXO Blockchain Upgrade Will Combine the Best Of Bitcoin and Ethereum
Cardano founder Charles Hoskins recently shared a file on his Twitter feed that outlined how the upcoming Goguen update will implement smart contracts using an extended UTXO purported to offer the best features of both the Ethereum and Bitcoin blockchain record keeping models.
Standard Chartered's Planned Hong Kong Virtual Bank Announced as Mox
Mox is the new virtual bank in Hong Kong to be launched by Standard Chartered in partnership with PCCW, HKT and Trip.com. Launching later this year, the mission of Mox is to help everyone in Hong Kong grow – “your money, your world, your possibilities.”
Former a16z Partner Katie Haun's Crypto VC Fund Raises $1.5 Billion
Former federal prosecutor Katie Haun’s crypto venture capital fund has raised $1.5 billion to invest in crypto-related startups.
Crypto Regulation Remains to Unfold in 2022
As cryptocurrencies enter into a new year after experiencing new highs last year, new changes await, among which regulation is top of the list.
KuCoin lists AirDAO's $AMB token with a $USDT pair
The announcement gives KuCoin's 25 million global users the opportunity to participate in AirDAO's up-and-coming DeFi ecosystem, boosting its rapidly growing international community and marking another exciting exchange listing for AirDAO. KuCoin is running a Net Holding competition as part of the events surrounding the listing, with $30,000 in $AMB tokens up for grabs for participants. Also, KuCoin will launch a Twitter airdrop and a participation reward campaign to promote the listing.
Bitcoin’s Small to Mid-Sized Addresses Continue Going Through the Roof
As Bitcoin continues hovering around the $19K zone, small to mid-sized addresses are scaling the heights, according to Santiment.
Legalizing Crypto Payments Will Happen "Sooner or Later": Russia Trade Minister
In a recent revelation, Russia’s Minister of Industry and Trade Denis Manturov said the move to legalize cryptocurrencies as a means of payment in the country is bound to happen “sooner or later.”
Coinbase Sees a Significant Uptick in Institutional Demand in Cryptocurrencies in H1 2020
Coinbase recently said that there was a significant uptick in institutional demand in cryptocurrencies in H1 2020. The world’s first and largest digital asset, Bitcoin continued to grow in HQ, and the cryptocurrency appreciated 27.3 percent in the first half of the year.
ViralCoin’s Founder Explains Why VIRAL Can Flourish During this Bear Market
ViralCoin, an emerging cryptocurrency project centered around subscription payments and price stability, has a novel vision of success during this bear market. James McLendon, ViralCoin’s Founder, explained that the ViralVault contract utilizes on-chain arbitrage to keep the price relatively stable, regardless of crypto market conditions. “If the VIRAL price increases too high, then the ViralVault mints additional VIRAL and transfers the newly-minted VIRAL into the liquidity pool. Similarly, VIRAL price decreases too low, then the ViralVault purchases the excess VIRAL and burns such amount to rebalance the price.”
Top Executives at CoinMarketCap Quit Just Months After Binance Acquisition
Carylyne Chan, the interim CEO at leading crypto data provider CoinMarketCap is the latest executive to quit following her public announcement on August 31. The mass exodus from the company has been alarming because she follows the footsteps of four other top executives who have left the company just four months after it was purchased by Binance.
Is Blockchain Tech the Holy Grail for the Aerospace Industry?
The aerospace industry moves millions of people and billions worth of assets every single day. Yet, the industry's sheer complexity is its own worst enemy. Can blockchain technology become the savior?
Visa Partners with Fold to Offer Bitcoin Rewards Credit Card
Visa, a prominent payment provider, has joined hands with Fold, a San Francisco-based Bitcoin cashback app, to offer a credit card that will enable consumers to gain Bitcoin rewards as compared to earning points. Through the strategic collaboration, users will have first-hand experience with the most-valuable cryptocurrency.
Tether Withdraws 8,888.88 Bitcoins from Bitfinex
Tether's recent withdrawal of 8,888.88 BTC from Bitfinex, resulting in a 10th place ranking among Bitcoin holders and a substantial profit, demonstrates its growing influence in the cryptocurrency market.
NYDIG has Raised $720 Million for its Institutional Bitcoin Fund
On Oct. 3, New York-based digital investment group NYDIG raised $720 million for its institutional bitcoin fund, according to filings with the U.S. Securities and Exchange Commission.
Yuga Labs Taps Spencer Tucker as its Chief Gaming Officer
Yuga Labs is a Web3 company that seeks to push the crypto and NFT platforms forward. Yuga recently appointed Spencer Tucker as the Chief officer in charge of the gaming and the Otherside metaverse project
Whatsapp is Close to Launching Digital Payments in Indonesia
Whatsapp, the Facebook-owned messaging platform has been engaging in preliminary talks with multiple Fintech establishments to launch digital payments in Indonesia.
European Central Bank Hikes Interest Rates in Surprise Move, Bitcoin Remains Steady
The European Central Bank (ECB) on Thursday increased its benchmark rate from -0.5% to 0%. Crypto market remains steady, Bitcoin stands firm above $23K level during the Asia trading section.
Will NYC's Incoming Mayor Eric Adams Make the City the Crypto Hub to Watch?
Now that Eric Adams, a former Police Captain, and Democratic party candidate has won the New York City Mayoral race, gaping his closest competitor Curtis Sliwa, is there hope to turn NYC into a crypto hub?
Coinbase Secures Major Payment Institution License from Singapore's Monetary Authority
Coinbase has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a significant milestone in its expansion into the Asian market. The license will enable Coinbase to offer digital payment token services to both individual and institutional clients in Singapore. This move aligns with the company's strategy to tap into Singapore's growing crypto and Web3 ecosystem.
Exclusive: How is Blockchain Disrupting the Music Industry Globally?
With the widespread of blockchain technology used in different industries in the past decade, Sean Jong from K-Tune in Korea explains how blockchain can address the current pain points in the traditional music industry. He also explains the role of blockchain in royalty distribution and copyright infringement!
Australian Judge Allows Plaintiff to Use Bitcoin as Collateral Bond
In Australia, a New South Wales (NSW) court has allowed a cryptocurrency exchange account to be used as a collateral bond for legal costs.
CEO Sues Board Members for Seizing Control of Crypto Miner
Layer1 Technologies CEO John Harney sued two board members for profiting from mining activities.
Fidelity Offers Bitcoin Portfolio Options to Retirement Investment via MicroStrategy
America’s largest retirement savings plans 401(k) provider, Fidelity Investments, is set to permit the allocation of some of its client's funds into Bitcoin, a move it said was based on popular demand.
BIS Survey: 93% of Central Banks Engaged in CBDCs, 15 Retail and 9 Wholesale CBDCs Expected by 2030
The Bank for International Settlements (BIS) has released a survey revealing that 93% of central banks are now engaged in some form of Central Bank Digital Currency (CBDC) work, with retail CBDCs taking the lead over wholesale CBDCs.
Trump Threatens Military Deployment at BLM and George Floyd Protests, Bitcoin Price Soars Past $10,000 Mark
As President Donald Trump advised state governments to leverage the National Guard in response to civil unrest and protest, Bitcoin’s price surged past the $10,000 mark.
Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight
The OCC announced that national banks and federal savings associations could hold reserves for customers with stablecoin assets.
Bitcoin Surges Above the 200 Day MA with the Confirmation of a Golden Cross
The current price surge in the Bitcoin market has pushed the leading cryptocurrency above the 200-day moving average (MA) and prompted the confirmation of a golden cross.
FTX CEO Breaks Down Zuckerberg's Intent To Invest $10B/Year Into Meta
FTX CEO Sam Bankman-Fried on Saturday took to Twitter to break down the reason behind Zuckerberg rebranding his company Facebook to Meta and his intent to pump $10 billion every year into Meta.
Bitcoin Miners’ Wallet Net Flows Are Increasingly Turning Negative
Bitcoin (BTC) experienced a sharp correction that drove the price to lows of $30k . Some analysts believe that Bitcoin miners have been on the receiving end because the recent market crash slashed their profit margins.
Crypto Going Public in 2021—Three Crypto Giants Set to Take On Wall Street
As Bitcoin and cryptocurrency continue to rise as an investible asset class, three giants of crypto have announced plans to go public in 2021 and take Wall Street by storm.
Pepe Coin Hits Lowest Price Since Binance Listing
Pepe Coin (PEPE), a cryptocurrency with a Pepe the Frog theme, has experienced a decline in value, reflecting the broader Bitcoin downturn. The cryptocurrency market remains fragile, with predictions suggesting Bitcoin could dip to $20,000. The tumult in the altcoin market is partly attributed to reports surrounding the compromise of Ethereum Founder Vitalik Buterin's Twitter account, social platforms of Pepe X, and past allegations of scams and insider trading. The unveiling of its previously anonymous founder has also impacted investor sentiment.
Binance Accounting Vulnerability Led to Uneven Distribution of About $20M HNT
The Helium Foundation says a bug in Binance’s accounting system caused users to mistakenly receive around $20 million worth of HNT token.
IMF Warns Countries against Adopting Cryptocurrency as Money
The global regulator has renewed its warning against the use of Bitcoin as legal tender.
Alipay Officially Bans All Bitcoin-Related Transactions
Alipay, one of the most popular digital payment systems under China’s Alibaba group, officially stated that it would be banning all payment transactions related to Bitcoin and other cryptocurrencies.
Meitu Invests Another $10 Million in Bitcoin
Meitu, a Chinese app developing company, has announced another purchase of Bitcoin.
Bahrain-Based Crypto Platform to Enable Real Estate Acquisition Using Crypto
CoinMena, a Bahrain-based crypto asset service provider, has teamed up with Carlton Real Estate, to facilitate real estate purchases using cryptocurrencies.
FDIC to Offer Guidance on Crypto After it Understands its Associated Risks
FDIC's Martin Gruenberg said more guidance will be given to banks about crypto when it gains more understanding of its inherent risks
Involved in Cryptocurrency and Cash Corruption, Regional Military Recruitment Heads Were Dismissed by Ukrainian President
Ukrainian President dismissed regional military recruitment heads for corruption involving cryptocurrency and cash. Law enforcement opened 112 cases.
Marathon Reveals Over $80m Exposure to Bankrupt Crypto Miner Compute North
Compute North, which filed for bankruptcy protection last month, owes as much as $500 million to at least 200 creditors. Now the crypto miner got over $80 million in funding from Marathon Digital Holdings Inc.
Russia Updates Regulations on Crypto Transactions, Harsh Fines Reserved for Defaulters
Russia’s Ministry of Finance has issued an amendment to its current cryptocurrency regulations. The amendments also come with stricter sanctions.
KuCoin Pairs with DeFi Data Aggregator 1inch for Implementing Native Swap Function
The Seychelles-based crypto exchange KuCoin has announced a partnership with 1inch DeFi data aggregator to bring native token swap functionality to its in-house wallet.
Social Trading Company eToro Establishes $20m NFT fund
Cryptocurrency trading platform eToro has established a $20 million NFT fund to buy NFTs and support NFT creators and brands, according to CNBC.
Ethereum’s Price to Move Higher to Follow Bitcoin’s Bullish Uptrend as Support Levels Secured
Ethereum’s price has not been performing as well as Bitcoin’s price recently, as BTC has seen strong rallies in the past 48 hours.
The Montreux Jazz Festival unveils new NFT Collection on Tezos
The Montreux Jazz Festival today launched its second series of NFTs as part of its partnership with OneOf. Built on the energy efficient Tezos blockchain, the ‘Diamond Seated Package’ NFTs unlock exclusive hospitality offers during the 56th edition of the Festival for concerts including Diana Ross, Björk and John Legend. The artwork was created by New York artist Alex Alpert.
Ethereum Co-Founder: Facebook Not Fit to be Libra’s Driving Force
Joseph Lubin, Ethereum’s co-founder, has asserted that Facebook should not spearhead the Libra project based on the concerns raised about its reputation.
Compass Mining to Cut Salaries, Spending and 15% Staff
Compass Mining said that the Bitcoin mining company is cutting salaries, spending and 15% of its team.
Digital Assets Soar to $67 Billion, Avalanche (AVAL), Polygon (MATIC) and Chainlink (LINK) Gain Momentum
Digital asset investment products saw record-breaking inflows of $2.45 billion, raising total assets under management to $67 billion, with Bitcoin dominating, benefiting major players like Avalanche, Polygon and Chainlink.
Galaxy Digital CEO Mike Novogratz Says Launch of Digital Euro Will Drive Bitcoin Adoption
Galaxy Digital CEO Mike Novogratz argues that central banks like the ECB launching their own digital currency could drive Bitcoin adoption further.
Love is in the Chain: Could Blockchain be the Solution to People's Dating Woes?
The dating scene, as it exists today, is a minefield. Fake profiles, catfishing, scammers, and just plain old rudeness puts many people off the very act of dating. But a relatively recent newcomer into the tech field might just be the solution to the inherent problems of today's dating environment. Can blockchain technology dating's best friend?
Billionaire Chris Kirubi Warns Followers of Bitcoin Scammers Impersonating the Kenyan Tycoon
Dr. Chris Kirubi continues fighting against Bitcoin scams using his name as an endorsement.
Dogecoin Accepted as Payment by NBA's Dallas Mavericks as Owner Mark Cuban Invests in NFT Platform
NBA's Dallas Mavericks will be accepting Dogecoin (DOGE) payments for tickets and merchandise purchased online.
Shinhan Bank and SCB TechX Achieve Milestone with Successful Stablecoin Remittance Pilot on Hedera Network
Shinhan Bank, SCB TechX, and Taiwan's largest financial institution have successfully completed a stablecoin remittance proof-of-concept (PoC) pilot on the Hedera network, as announced on July 18th, 2023.
Baidu Trends: Bitcoin Searches Skyrocket Amid Social Distancing and Working From Home Approaches
According to Baidu, a Chinese multinational technology company offering internet-related services, Bitcoin searches have shot up by 183% in the last one month. This trend can be linked to the fact that many countries have asked their citizens to adhere to precautionary approaches, such as self-quarantining, social distancing, working from home, necessitated when tackling coronavirus.
Coinbase Cloud Adds Solana Archive Node
Blockchain infrastructure protocol Coinbase Cloud launches Solana Archive Node to help developers build better products and services on Solana.
Italian Bank Offers Crypto Trading to Over A Million Customers Amid Coronavirus Pandemic
Due to the coronavirus outbreak and the lockdown situation in Italy, an Italian Bank, Banca Sella has launched Bitcoin trading services for its 1.2 million customers of Hype mobile banking platform.
$3.5M of Stolen Crypto Linked to KuCoin Hack Moved
On-chain data analytics have reported that KuCoin hackers have been on the move lately, as a total of $3.5 million of stolen funds were transferred.
Italian Government to Provide €45m in Grants for Blockchain Industry
Italy’s Ministry of Economic Development is planning to provide up to $46 million in subsidies for blockchain and AI industries.
Bank of America Establishes Cryptocurrency Research Team
The Bank of America has set up a cryptocurrency research team
Twitter Shares Plummet by 20% as Elon Musk’s $44 Billion Takeover Shelved
The anticipated takeover of Twitter by Elon Musk, the CEO of Tesla Inc., was temporarily postponed as he waited to be briefed about the social media giant’s fake accounts.
Nearly 100 Countries are Developing their CBDC by July - IMF
According to the International Monetary Fund (IMF) report, as of July 2022, nearly 100 central bank digital currencies (CBDCs) are in the research or development stage around the world.
Bitcoin Eyes $60,000 Based On the Formation of an Inverse Head & Shoulder Pattern
Crypto analyst Carl Martin has revealed that Bitcoin is eyeing the $60K price level based on the formation of an inverse head & shoulder pattern.
Make hundreds of connections at Blockchain Life 2020
The 5th Blockchain Life 2020 returns to Moscow on April 22-23 at the unique media venue Music Media Dome. The international forum annually gathers over 5000 participants from 70 countries, proving to be one of the biggest events on blockchain, cryptocurrencies, and mining in the world.
Canadian PM Justin Trudeau Denounces Cryptos as Escape from Inflation
The current Prime Minister of Canada, Justin Trudeau, said that investing in cryptocurrencies to avoid inflation is an act of irresponsible leadership.
AML BitCoin Lobbyist Abramoff to Pay $55K in Convicted Guilt Plea for ICO Fraud
In the civil case filed against Jack Abramoff for his role in the 2018 Initial Coin Offering (ICO) scandal, the AML BitCoin lobbyist is expected to pay $55, 000 in disgorgement and interest for his conspiracy in fraud.
Italian Authorities Bust Illegal Ethereum Mining Activities Using Airport Computers
Airport officials working at Italy’s Lamezia Terme International airport have nabbed a 41-year-old technician for unlawfully mining Ethereum using the airport computers.
Crypto Price Today: Bulls Pull Bitcoin Above $57K, Ethereum Rises and Altcoin Market Loses Stream
In today’s market, Bitcoin surges further while most altcoins see the price decline. Some crypto analysts have explained the reasons behind such latest trends.
Visa Files Trademark Applications for Crypto Products, Including NFTs
Payment giant Visa has filed two trademark applications to the United States Patent and Trademark Office (USPTO) concerning cryptocurrency wallets, NFTs, and the Metaverse.
Six Central Banks Form Working Group to Assess Central Bank Digital Currencies
Six central banks around the world have come together to create a working group to share experiences on use cases on central bank digital currency (CBDC). With significant expertise in exploring digital currencies, these six central banks are the Bank of Canada, Bank of England, Bank of Japan, European Central bank, Sveriges Riksbank in Sweden, and the Swiss National Bank, and the Bank of International Settlements (BIS).
Circle Crypto Firm to Go Public in SPAC Deal Valuing At $4.5 Billion
Stablecoin Issuer Circle Announces $4.5 Billion SPAC Deal. The combination with Concord Acquisition Corp sets to bring Circle more than $691 million.
Bunzz Raises $4.5M Seed Round to Expand its Smart Contract Hub for DApp Development
Bunzz a web3 development platform for decentralized applications, has completed a $4.5M seed round. Investors included gjmp, DG Daiwa Ventures, Coincheck, and Ceres. Funding will be used to help build out Bunzz’s Smart Contract Hub, which is already used by more than 8,000 dApp developers.
Crypto Group ConstitutionDAO Plans to Refund Money and Shutdown, after Losing Auction
After failing to outbid billionaire Ken Griffin in auction for a copy of the US Constitution, the decentralized autonomous organisation ConstitutionDAO is planning to shut down after refunding the money it raised.
SEMPSA JP, LBMA Good Delivery Refinery Launches Tokenized Gold and Silver on the Blockchain in Partnership with Aurus
SEMPSA JP, the leading Spanish Good Delivery precious metals refinery, has partnered with Aurus to offer digital tokens backed by gold and silver to its network of bullion dealers. Five precious metals dealers working with SEMPSA JP are selling tGOLD and tSILVER tokens to the broader retail market via their e-commerce stores. The refinery has tokenized an initial allotment of 3 kgs. of gold and 25 kgs. of silver bullions using the Aurus blockchain protocol.
Bybit Enters Brazil After Govt Approval for Crypto
Dubai-based cryptocurrency trading platform, Bybit has announced its full-scale expansion into Latin America through Brazil.
Crypto Market Recovers Slightly but Addresses Still in Loss
Despite the obvious cryptocurrency gains seen in the market today, the road to full recovery and profit-taking is still far.
MAXathon: An online hackathon to tackle global pandemic related challenges with blockchain technology!
A global leader in the technology and blockchain industry, Maxonrow is thrilled to be hosting the first-ever MAXathon. This digital hackathon will challenge participants to reimagine the use and applications of blockchain for health and sanitary solutions in response to the COVID-19 pandemic. With €15,000 in prizes available, blockchain experts, developers, and other tech enthusiasts will compete in a battle of innovation from September 5 to October 3, 2020.
Bitcoin Has The Right Catalysts to Push its Price to $100,000 - Bloomberg
Mike McGlone lists institutional backing, ETFs as part of the catalysts that will push BTC to $100,000
Meat Food Production Giant Oscar Mayer Auctions Disposable Packaging "Hot DOGE" Wiener
An American meat and cold cut production company Oscar Mayer, owned by the American food giant Kraft Heinz, used the eBay e-commerce platform to auction a single package of "Hot Doge Wieners" worth 10,000 Dogecoins.
Mercari Japan Embraces Bitcoin Payments
Mercari, Japan's e-commerce leader, announces Bitcoin payment integration by June 2024, leveraging its subsidiary Melcoin. This reflects Japan's advanced crypto regulatory environment, fostering digital currency adoption in commerce.
Grayscale Investment Company Receives FINRA Approval to Trade Bitcoin Cash and Litecoin Publicly
US regulators have approved shares of Grayscale Investment’s Litecoin and Bitcoin Cash Trusts for public trading.
Bitcoin Price Flashes $750M Warning Sign As 60,000 BTC Options Set To Expire
The Bitcoin price has climbed more than 20% over the last 30 days but traders could be in for a $750 million shock through the markets on Friday.
Bored Ape Yacht Club Creators Launch Bitcoin NFT Collection
Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC), have launched a new collection of 300 tokenized computer-generated artworks on Bitcoin called TwelveFold. The collection is based on mathematics, time, and the Bitcoin blockchain. The announcement comes amidst falling search interest for NFTs, however, trading volume data for February indicates the market is still strong. In other news, the Golden Key NFT, won by Twitch streamer Mongraal in a Dookey Dash competition hosted by Yuga Labs, has been sold for 1,000 Ether to BAYC NFT hodler Adam Weitsman. Polygon Foundation has partnered with Lotte Group to host the conglomerate's NFT projects on its Ethereum layer 2 scaling network Polygon, and intends to develop its Web3 initiatives in partnership with Polygon. Finally, a group of Japanese tech companies have agreed to forward the creation of the Japan Metaverse Economic Zone and an open metaverse infrastructure called "Ryugukoku."
Long Term Bitcoin Holders Taking Profits but not Exiting in Masses
Bitcoin has been correcting and this trend can be explained by the fact that long-term holders (LTHs) have been taking profits
The First Crypto Miner ETF Unveils in Australia
Australian Bitcoin miner Iris Energy applies for IPO on the Nasdaq. The stock code is "IREN". Reportedly, $100 million has been raised.
Do I need to Buy One Whole Bitcoin? 3 BTC Questions I’m Tired of Answering
Why is Bitcoin worth anything? Am I too late to buy Bitcoin? It’s too expensive, do I need to buy a whole Bitcoin? 3 questions that hound crypto journalists at parties.
Harbor Becomes First Blockchain Company to Hold Both Transfer Agent License and Brokerage License
Harbor, a digital assets firm for security token issuance, has been granted a transfer agent license by the United States Securities and Exchange Commission.
Cryptocurrency Firms Deny Exposure to Troubled US Banks
Major cryptocurrency firms, including Tether, Crypto.com, Gemini, BitMEX, and others, have denied exposure to dissolved U.S. banks like Silicon Valley Bank and Signature Bank. The firms have taken to social media to assure their users that their funds are safe and accessible despite ongoing issues in the U.S. banking system.
2.3 Million Bitcoins Have not Moved in More Than 10 Years
More than 2.3 million Bitcoins might have been lost based on their immobility for at least ten years.
PayPal to Launch Crypto Wallet in Q3 This Year, CEO Reveals
Payment provider PayPal Holdings Inc. published its second-quarter financial report Wednesday. CEO of PayPal Dan Schulman said the company would launch a crypto wallet in the third quarter this year.
Bitcoin, Ether, And Other Crypto Prices Fall, But Experts Optimise Rebound on Horizon
Despite the current bearish week, experts identify potential cryptocurrencies that could still perform the rest of September and enable investors to earn money.
DEA Special Agent O’Kain: Regulated Bitcoin Exchanges Are Good For Law Enforcement
DEA Special Agent Patrick O’Kain spoke at the LA Blockchain Summit on Bitcoin on the role of government agencies in policing the digital asset and blockchain space.
Ethereum Price Set to Reach $2,000 When the Correction is Over, Altcoins to Outperform Bitcoin
Cryptocurrency trader commented on the outlook for ETH, saying once the correction is over, Ethereum’s price could head towards $2,000
Bitcoin September Curse? Predicting BTC Price Using Comprehensive Historical Data
Bitcoin's September performance has been bearish over the past eight years, with an average decline of approximately 9.03%. The amplitude of Bitcoin's price fluctuations has been significant, with an average amplitude of 24.91%. Market analysts predict potential low points for Bitcoin by September, with a -3.09% decline in 2022 and an average decline of -9.22%. If this year's performance aligns, Bitcoin's valuation could decrease to $23,240. However, it has the potential to close above $25,927, similar to 2015 and 2016 as well.
XRP Price Analysis: Why The Bulls Are Not Buying The Dip
As XRP continues its bearish plunges, more investors are shunning the cryptocurrency amid the SEC-fueled uncertainty.
Democrat Andrew Yang Wants New York City to Be a Hub For Bitcoin and Crypto
Democratic candidate for the office of New York Mayor, Andrew Yang wants to turn the city into a hub for Bitcoin (BTC), and other cryptocurrencies.
Billions May Soon Enter Bitcoin as More Entrepreneurs Are Looking Up to Elon Musk, says Crypto Analyst
Crypto trader Carl Martin trusts that entrepreneurs are keeping a keen eye on the Bitcoin moves made by Elon Musk
SkyBridge Capital's Crypto Pivot Looks to Triple its Assets
Hedge fund SkyBridge founder Anthony Scaramucci said he plans to shift the pace of SkyBridge Capital's investment to virtual digital assets.
Twitter Says Bitcoin Hack Originated From Phone Phishing Attack
On Thursday, Twitter provided an update addressing the massive Bitcoin hack that overtook its platform earlier this month.
Crypto Social Circles Welcome Bitcoin for Breaking the Psychological Price of $40K
Breaching the high resistance zone between $38K and $40K has hyped up the crypto community.
What Can We Learn From Coinbase CEO Brian Armstrong's Coronavirus Outbreak Contingency Plan for Employees?
US health officials from the Centers for Disease Control and Prevention stated that the coronavirus “is not recognized to be spreading in US communities.”
Core Scientific Offloads 7,202 BTC Worth $167m in June
American Nasdaq-listed cryptocurrency mining firm Core Scientific sold as much as 7,202 Bitcoin units in June, worth approximately $167 million at an average price of $23,000.
Coinbase executive discovers ChatGPT jailbreak
Coinbase executive Conor Grogan claims to have found a “jailbreak” for AI tool ChatGPT, allowing it to calculate the probability of strange crypto price scenarios. ChatGPT gave a 15% chance that Bitcoin will fall to irrelevancy by 2035, and a 20% chance of the same for Ether.
Symmetry Protocol releases Solana's First Asset Management Infra
DeFi protocol Symmetry has released the first on-chain asset management infrastructure on Solana called Symmetry Engine, announced on Twitter on Tuesday. Symmetry Engine is a collection of SDKs that lets developers build asset management applications on-chain, as well as gain access to 0 price impact and 0 slippage liquidity. The protocol has been launching products on Solana since 2021 and has surpassed over $500 million in volume on their DEX built with Prism Aggregator.
Bitcoin Price Conquers $12,000 But at Risk of Pull Back in the Current Stock Market Bubble Territory
While the tech sector and the Fed injections have led the US markets to rally higher, markets around the world have seen a similar trend, while the global economic recovery picks up its pace.
Cardano CEO Getting a OneCoin Vibe from Federal Reserve's 'Infinite Cash' Statement
In an interview given to CBS's 60 Minutes on March 22, 2020, Neel Kashkari, the President of Federal Reserve Bank of Minneapolis made a controversial remark on being asked how the state would deal if the situation like 2008 financial crisis would come again due the Coronavirus outbreak.
Facebook CEO Mark Zuckerberg Endorses Bitcoin in a Subtle Way
Facebook's Mark Zuckerberg named one of his goats after Bitcoin, causing some to speculate on whether the tech mogul holds a position with the cryptocurrency.
Iris Energy to Triple Mining Capacity With Thousands of New Rigs
Iris Energy will triple its crypto mining capacity with 44,000 ASIC machines.
A cryptocurrency mining rights bill prohibit the discrimination of crypto
The Montana Senate approved a law to protect cryptocurrency miners from discrimination.
Decentralized Streaming Music Service Audius Partners with TikTok to Share Sounds for Artists
The global video streaming platform TikTok and the encrypted music streaming platform Audius have developed a new feature called TikTok Sounds to support users to share sounds to the TikTok platform through Audius.
Facebook’s Libra Encouraged to Exclude the Chinese Yuan Being Tied to the Stablecoin
While Facebook is facing regulatory approvals for its Libra project, Facebook told US senators that the initial group of currencies that Libra will be likely backed by the US dollar, Euro, Yen, British Pound, and the Singapore dollar.
Bitfinex Permitted to Withhold Documents About Alleged $850 Million Cover-up
The Appellate Division of the New York Supreme Court has ruled that Bitfinex is legally allowed to withhold documents pertaining to the alleged cover-up of an $850 million loss on its trading platform.
GogolCoin Unveils Its Cryptocurrency Exchange - GOLEX - the Premier & Most Secure Exchange in MENA Region
Recognized as a pioneering platform for buying, trading, and selling cryptocurrency in MENA Region, GOLEX stands out as the ideal exchange in a decentralized future.
World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore
Sygnum has been granted approval by the Monetary Authority of Singapore (MAS) to operate digital markets/banking services in the country
Filecoin (FIL) Token Price Sees Massive Plunge Days after Launch as Miners Go on Strike
Filecoin was launched on Oct. 15, and just after one day after its mainnet launch, its miners turned off their machines to protest against the protocol.
Gemini Joins the Bandwagon, Lays Off 10% of Workforce
Gemini, the cryptocurrency exchange founded by twin brothers Tyler and Cameron Winklevoss has shed off as many as 10% of its entire workers
Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras
GrainChain being an agricultural start up backed up by Medici Ventures and has shown some prospects so far, plans to bring together the coffee industry of Honduras.
Crypto Exchanges Have a Collective Responsibility to Educate Investors, Bitkub CEO Says
As part of collective responsibility, cryptocurrency exchanges should take up the mantle of enhancing financial knowledge about digital assets so that investors are aware of downside factors, according to Bitkub CEO Topp Jirayut Srupsrisopa.
Blockchain Brings Monetary and Financial Freedom
We look at three key aspects (money form, money issuance, and the flow of money) of our monetary and financial system where the blockchain technology may have a major impact
RyanAir CEO Declares Bitcoin a Ponzi Scheme, Urges Public Boycott
RyanAir CEO Michael O’Leary has declared Bitcoin (BTC) a Ponzi scheme and has urged the boycott of the premier digital currency.
South Korean Advocates for Institutionalization of Cryptocurrencies via Bitcoin Derivatives
A South Korean commission dubbed the 4th Industrial Revolution Commission has proposed that the government ought to permit financial institutions to establish cryptocurrency-based products, such as Bitcoin derivatives as they will be instrumental in the long-term institutionalization of cryptocurrencies.
California Man Pleads Guilty to Running Illegal Bitcoin ATMs and Money Laundering
Kais Mohammad has agreed to plead guilty to federal charges of operating an illegal Bitcoin ATM business that laundered over $25 million.
Bitwise Pulls Bitcoin ETF To Sort Through SEC Response
Bitwise has officially withdrawn its Bitcoin exchange-traded fund registration filing from the United States Securities and Exchange Commission.
UNICEF Unveils Cryptocurrency Donation Fund
UNICEF has launched a cryptocurrency fund intended for open-source technology funding, whereby Ether and Bitcoin will be accepted. The donations will be beneficial to young people and children across the globe.
FDIC Investigates Potential Violations of Federal Deposit Insurance Act by OKCoin USA Inc.
The Federal Deposit Insurance Corporation (FDIC) has initiated an investigation into OKCoin USA Inc. (OKCoin) and its senior executives for alleged false and misleading statements regarding the company's insured status.
Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps
Coinbase CEO Brian Armstrong has voiced his disappointment over Apple’s lack of flexibility on decentralized applications (dApps) operating on its App store.
Revolving Games Raises a $13.2M Seed Round to Build AAA-level Web3 Games
Mobile free-to-play developer Revolving Games, which has raised $13.2 million in seed funding, plans to double down on Web3 gaming.
BTSE Offers Users the Chance to Collect Interest on Their Idle Crypto Holdings
BTSE, the UAE based digital exchange, has big plans for their ecosystem. They have recently launched the latest development in what they call their “comprehensive digital bank at the juxtaposition of crypto and fiat.”
Grayscale Hires Former Alerian CEO Davi LaValle As Global Head of ETFs
Grayscale Investments has announced the hire of Davi LaValle as the head of its ETF business.
U.S.-German Joint Operation Seizes $25m Worth of Bitcoin, Shuting Down Russian Darkened Marketplace Hydra
Authorities said the Hydra darknet platform had millions of users, where malware, drugs, counterfeit products, stolen data, and digital assets were traded.
Altcoin Watch: Top 3 Tokens with Poor Performance over the Past Week
In this week’s Altcoin Watch edition, we present three of the worst-performing tokens, giving investors a compass to guide their observation of trends in the crypto ecosystem over the last week.
KuCoin Exchange Restores All Token Deposit and Withdrawal Services Following Massive Hack
KuCoin announced yesterday that the withdrawal and deposit services for all tokens will finally be resumed on the crypto exchange.
Aave Freezes Stablecoin Trading Amid Price Volatility
Lending protocol Aave has temporarily halted trading of stablecoins and set the loan-to-value (LTV) ratio to zero due to the recent price volatility on USD Coin (USDC) following its depegging on March 11. Aave's decision was based on an analysis by decentralized finance risk management firm Gauntlet Network, which recommended a temporary pause of all v2 and v3 markets. The LTV ratio determines how much credit can be secured using crypto as collateral and is calculated by dividing the amount of credit borrowed by the value of the collateral.
Automobili Lamborghini drops its limited edition "World Tour" themed NFTs this October
Fasten your metaversal seatbelts, as Automobili Lamborghini is releasing a series of limited edition ‘World Tour’ themed NFTs this October. In collaboration with Web3 Pro™ and INVNT.ATOM™ (the Web3-focused digital innovation division of [INVNT GROUP]™), the iconic Italian company will release four unique “World tour” themed NFTs available for a limited time.
Coinbase Pro Will List Uniswap Token UNI Instead of Sushi Token
Major United States crypto exchange Coinbase will list the Uniswap token UNI which was launched earlier today but snubs Sushi token.
FTX Looking to Launch its Own Stablecoin - Sam Bankman-Fried
FTX CEO Sam Bankman-Fried has given a hint that the exchange will launch its own stablecoin
Bitcoin Liquidity Drops Despite Price Surge
Despite a 45% price gain, Bitcoin's liquidity has dropped to a 10-month low due to the ongoing financial crisis and regulatory actions against crypto companies. The collapse of crypto-friendly banks has led to a liquidity crisis, causing increased price volatility and higher fees for traders.
Russia Mulling Crypto for Cross-Border Payments
Russia is reportedly mulling the plans to allow cryptocurrencies for cross-border payments as on one of the survival measures explorable as the country continues to battle sanctions from the West for its invasion of Ukraine
Bitcoin Addresses Sent to Exchanges Record a Monthly Low as BTC Hits a 17-Day High
New data by Glassnode reveals that crypto addresses sending Bitcoin to exchanges have recorded a monthly low. What does this mean?
Blockchain.com Hits $14B Valuation after Series D Round
Cryptocurrency exchange Blockchain.com has secured a Series D investment led by Lightspeed Venture Partners.
FUSANG Exchange Announces CCB $3 Billion Digital Bond Listing Suspended
FUSANG exchange announced that the listing of the $3 billion digital bond backed by China Construction Bank has been suspended.
Twitter CEO Jack Dorsey Apologizes for Bitcoin Hack, But Not Before Dutch Politician Was Compromised
Twitter CEO Jack Dorsey came forward on Thursday to apologize thoroughly for his social network company’s failure to prohibit and shut down Bitcoin scam artists' digital heist of important verified accounts, that ranged from that of tech moguls Elon Musk and Bill Gates to political figure Joe Biden.
Hong Kong SFC Chief Executive: New Guidelines for Crypto Trading Platforms Prioritize Investor Protection
The Hong Kong Securities and Futures Commission (SFC) announced that the upcoming guidelines for operators of virtual asset trading platforms will place investor protection at the forefront.
Baidu's Enterprise Blockchain Network Initiates Service for Developers and SMEs to Build Dapps
Enhancing China's initiative to adopt blockchain countrywide, internet giant Baidu will be launching a new blockchain-based service, through Xuperchain, for SME's and developers to use in the creation of decentralized applications.
Bitcoin Has to Hold above $52,000 to Avoid Further Downward Movements, says Crypto Analyst
Veteran crypto analyst Michael van de Poppe believes BTC has to hold above the $52k level for an upward momentum to be ignited.
NEAR Protocol to Wind Down Stablecoin USN, Allocating Funds for User Protection
The firm has announced plans to shut down the USN stablecoin to avoid greater risks.
The Launch of CBDC May Destroy Bitcoin - Arthur Hayes
BitMEX co-founder Arthur Hayes believes the advent of CBDCs may not be a good tale for Bitcoin
Stablecoin Depeg Event Reveals Risks to DeFi and Traditional Finance
Recent failures of established financial institutions, such as Silicon Valley Bank and Signature Bank, have highlighted the potential for distress to spread to the decentralized finance (DeFi) sector. The depegging of stablecoins, including Circle's USD coin (USDC), has also brought governance risks related to the custody of reserve assets to the forefront. Moody's anticipates that regulators could increase their scrutiny of stablecoins and require greater counterparty diversification.
Huobi to Delist Monero and Privacy Tokens on Regulatory Account
Huobi Global has unveiled its plans to delist privacy tokens, counting Monero (XMR), Dash (DSH), Decred (DCR), Firo (FIRO), Verge (XVG), Zcash (ZEC) and Horizen (ZEN) as the digital assets that will be affected.
KuCoin Refutes Job Cut Rumours, Disclosing to Hire amid Crypto Winter
KuCoin has denied claims of planning to lay off. The exchange, on the contrary, discloses it is planning to hire more staff to join.
Coinbase Rises ahead of Second-quarter Earnings Report
Shares of cryptocurrency exchange Coinbase have been rising recently this week, although they are still down nearly 70% from the beginning of 2022.
Yuga Labs Facing More Lawsuits Over NFTs
Rosen, a global legal firm, has encouraged BAYC and APE investors to join a class action lawsuit against Yuga Labs for securities law violations.
Zilliqa: Enhanced Practicability in Blockchain A – Z Workshops
In this second installment of our exclusive interview, Kataruka shares insights on Zilliqa’s mission to enhance blockchain education in a way that keeps up with the speed of technological developments.
Bitcoin Miner Core Scientific Secures $100m Financing amid Bear Market
Core Scientific plans to use the financing to boost its liquidity. Many mining companies face an uphill struggle in the crypto bear market.
Bitcoin Miner Crusoe Energy Acquires its Big Rival Great American Mining
The acquisition has brought companies with complementary capabilities, assets, and customer relationships to make Crusoe a big Bitcoin mining firm in the US.
PlusToken Crypto Scam Masterminds to Serve 11 Years in Prison
The ringleaders of the PlusToken Ponzi Scheme have been charged with 11 years of prison after they stole cryptocurrencies worth 14.8 billion yuan.
Estonia's Finance Minister Says They Are Ready to Share Crypto Experience with the US
The Finance Minister of Estonia announced that the country is ready to share its experience in terms of crypto regulations with the United States. Keit Pentus-Risomannus talked about this with the United States Treasury Secretary Janet Yellen during a special video call and said that the United States is the key ally for Estonia.
China’s Central Bank Takes A Step Forward to Regulate Blockchain
China’s central bank, the People’s Bank of China is set to create industry standards across the financial technologies sector, including blockchain.
Coinbase Applies to the National Futures Association for Trading Crypto Futures
Digital currency exchange Coinbase is working hard to become a qualified cryptocurrency derivatives commission merchant.
Dogecoin Is Bullish and Up 28% Despite Crypto Market's Weekend Flash Crash
Following cryptocurrencies’ spectacular surge last week on the back of Coinbase’s direct listing, many digital assets have reversed their trend, undergoing a price correction.
Trading Platform Forex Suggest to Launch Crypto Calculator for Cost Evaluation
Luxembourg-based crypto institution Forex Suggest announced Wednesday the roll out of a cryptocurrency calculator for clients to evaluate trading cost on cryptocurrencies.
Binance Labs invests in Babylon to foster Bitcoin staking
Binance Labs invests in Babylon to foster Bitcoin staking, marking a significant evolution in Bitcoin's utility and PoS blockchain security.
El Salvador Lags Behind as Spain Overtakes to Become Third Largest Crypto ATM Hub
With a total of 215 crypto ATMs hosted in Spain, the country has now outpaced El Salvador, which is home to 212 crypto ATMs, down to the fourth position, following Spain’s third position.
The Financial Stability Board (FSB) is pushing for international regulations
Global standard-setting organisations are helping the Financial Stability Board evaluate DeFi legislation in numerous countries.
Block.one Settles with SEC to the Tune of $24 Million
Blacksburg startup Block.one has agreed to pay $24 million (HK$ 188 million) in fines to settle the allegations of unlawfully selling its ICO (initial coin offering) to US investors. The blockchain company had raised several billion dollars between 2017 and 2018 by selling its own digital currency.
Warren Buffett: Cryptocurrencies Do Not Have Any Value And I Will Never Own Any
Business magnate, CEO and Chairman of Berkshire Hathaway, Warren Buffett on Monday, Feb. 24, confirmed his resentment for cryptocurrency.
Bitcoin Could Follow S&P 500’s Potential Fall After Slight Bullish Trend from US Employment Report
Bitcoin showed signs of a slight bullish uptick in its first session in July and maintained a short-term positive correlation with the S&5 500. Bitcoin and stocks investors are waiting for the next big decision that could drive a new rally—whether or not the Federal Reserve would expand its stimulus operation before it expires in July.
KuCoin Secures Over $10M in Strategic Investment
KuCoin has successfully secured over $10 million from Susquehanna International Group in a strategic investment.
MicroStrategy Acquires Additional 1,045 Bitcoin
Business intelligence firm MicroStrategy acquires 1,045 Bitcoin for $29.3 million, bringing its total holdings to 140,000 BTC worth over $12.6 billion. The company continues to invest in Bitcoin as a reserve asset.
New Depositors of Ethereum 2.0 Hits All-Time High of 1,368
Confidence in the Ethereum network continues to grow given that the number of new depositors to the ETH 2.0 contract hit an ATH of 1,368.
Paul Tudor Jones Sends Inflation Warning to Feds, Touting Bitcoin as Way to "Hedge"
Paul Tudor Jones revealed that he would invest in commodities, Gold and Bitcoin to serve as a hedge against inflation. Also, he will increase the allocation of Bitcoin from 2% to 5% as part of his portfolio.
JasmyCoin $JASMY Unveils Layer 2 Solution, Jasmy Chain, to Democratize Data and Enhance Scalability
Jasmy has introduced its Layer 2 solution, Jasmy Chain, built on Ethereum blockchain, offering an efficient, cost-effective, and secure way for users to transact data, combining IoT and blockchain technologies for data storage and marketplace.
McAfee Labs Threat Report Shows Concern for Cryptojacking and Blockchain Security Issues
In August 2019, McAfee Lab released a threat report with conclusive statistics stating cryptojacking being an area of concern.
Web3 Development Platform Alchemy Adds Polkadot's Parachain Astar Network
Alchemy, a pioneer in the blockchain developer platform, announced that it will partner with Astar Network to accelerate Web3 development on Polkadot.
JP Morgan CEO Jamie Dimon Calls Bitcoin ‘Worthless’
Jamie Dimon, the CEO of JPMorgan bank, still remains a critic of Bitcoin and once again calls the cryptocurrency worthless.
Dogecoin Whales Make Transfer of up to 90.3M
In the past 24 hours, whales have transferred up to 90.3 million Dogecoin, which is over $15.5 million to an anonymous wallet, data from the Dogecoin Whale Alert's Twitter showed.
Federal Reserve Hikes Interest Rates with a 75-Bp Increase, Bitcoin Remains Bearish
US Federal Reserve has once again raised key interest rates by 75 basis points in an effort to normalize its monetary policies. Crypto markets have reacted following the announcements.
Ripple Outpaced Other Blockchain Companies on Inc's List of Fastest-Growing US Companies
Ripple has outpaced other indigenous blockchain companies on a recently published list of 5000 fastest-growing private companies in the United States.
Block's Cash App to Allow Free Bitcoin Transactions With Lightning Network
Block, formerly known as Square, owned Cash App will now allow US users to send bitcoin for free globally following its integration with the Lightning Network.
NFT Mania Grips The Market As Hashmasks Emerge
While Bitcoin’s market capitalization passed $1 trillion for the first time ever on Feb.19, the Non Fungible Token (NFT) market has been growing at a pace like never before as well. A NFT is a special kind of crypto token which represents a wide range of tangible and intangible items from sports cards or collectibles, art and even real estate.
Central American Countries Eager to See if El Salvador’s Bitcoin Cut Remittance Costs
Central American countries closely pay attention to see if El Salvador’s Bitcoin adoption could reduce the cost of remittances.
Amber Group Expands Retail Trading Operations into Brazil Through WhaleFin
Cryptocurrency financial services startup Amber Group has announced that it will expand its retail trading operations into Brazil through a retail platform called WhaleFin.
Bitcoin Needs to Reclaim $37.5K before Painting a Bullish Picture
BTC needs to reclaim the previous support level of $37.5K to boost its chances of bullish momentum.
IOTA Works Towards Chrysalis Upgrade, MIOTA Price Predictions are High
The IOTA 1.5 network upgrade, also known as Chrysalis is quickly approaching, with IOTA’s new wallet, Firefly introduced last week.
UK Law Enforcers Blow the Whistle on Bitcoin Fraudsters Taking Advantage of Coronavirus Outbreak
As the coronavirus pandemic continues to wreak havoc, having claimed more than 3,000 lives and infecting more than 100,000 people globally, tension has become inevitable. The UK police have raised the alarm on fraudsters swindling Britons by demanding Bitcoin payments amid coronavirus scare.
Native USDC Integration on Base Blockchain
Circle plans to launch native USDC on Base blockchain, replacing bridged USDbC liquidity. The token will be fully reserved and redeemable for US dollars, enhancing scalability, transaction speeds, and reduced gas fees.
Less Than 2% of the World Has Had Exposure to Bitcoin but BTC to be One of the Fastest Climbs in History
According to an on-chain analyst only less than 2% of the world's population own Bitcoin.
April 30: Will Leveraged $$ Bite Time Time?
Bitcoin heading to the moon today, up almost 20% over the past 24 hours. If you're new to cryptocurrency, welcome to volatility.
Palantir Starts Accepting Bitcoin as Payment Method and Considers Adding Crypto to Its Balance Sheet
Palantir has become the latest public company to embrace cryptocurrency to stimulate its business growth.
Binance Research Reveals Key Crypto Market Trends
Binance Research's latest report reveals a thriving crypto market in February 2024, with a 40% increase in total market capitalization, driven by spot BTC ETF inflows and strong DeFi and NFT performance.
Bitcoin Subreddit Surges as Hedge Funds Short BTC, A Coordinated Crypto Buying Attack?
Will Bitcoin be the next target of a coordinated buying attack as new data reveals Bitcoin subreddit's astronomical growth as well as institutional shorts on the cryptocurrency?
Bitcoin Price Reaches a New All-Time High on Christmas Day, BTC Whales Accumulate
Bitcoin has recorded a new all-time high on Christmas day, setting its new high at over $24,600.
Bitcoin Breaches the $43K Level, despite FUD Hits 16-Month High
After plummeting below the psychological price of $40K based on the ongoing Russia’s invasion of Ukraine, Bitcoin (BTC) is back to winning ways after breaching the $43K and briefly topping $44,000.
Iris Energy Bitcoin Mining Firm Files for Direct Listing on US Nasdaq
Australia’s Bitcoin mining firm has filed to go public through a direct listing on the US Nasdaq stock exchange.
Moonbirds Parent Firm PROOF Closes $50M Series A Round Led by A16Z
PROOF, the parent firm of Moonbirds NFT, has received $50 million in Series A financing in a new round of financing.
Chainlink’s LINK Crypto Price Surges to a New All-Time High, Signaling a Strong Altcoin Season
Chainlink has surged to an all-time high, $8.48, as recent new partnerships have instigated its bull run. Likely factors that pushed the crypto into its strong momentum were recent high-profile partnerships, price discovery, and the strong altcoin market.
Terrorist Groups Use Telegram for Raising Cryptocurrencies
Terrorist groups, including ISIS, Al-Qaeda, and Hamas, are using several social media platforms, including Telegram, to raise funds via cryptocurrencies.
Bitcoin's Value to Increase Fivefold by 2023, Institutional Investors Swap Gold for BTC
Bitcoin’s price in 2020 has beaten stocks, gold, and many other assets in year-to-date return on investment (ROI). Even billionaire hedge fund manager Paul Tudor Jones has stated that he has just over 1 percent of his assets in Bitcoin.
El Salvador Seeks To Be The First Country To Legalize Bitcoin as Legal Tender
El Salvador President Nayib Bukele intends to introduce a bill that would make Bitcoin legal tender.
It is the Season of Giving! Binance Charity is Giving Back with TravelBit's Partnership
Christmas is here! And to add to the season of giving, Binance partners with TravelBit to allow travelers booking through their website, to donate to the Binance Lunch for Children.
Bitcoin Black Friday Sale Ends, Crypto Stock Up is Advised by Digital Currency Group Founder
Black Friday sales ended with a bang for Bitcoin, as the mainstream cryptocurrency climbed back up and regained value, after plummeting to lows of $16,500.
Two Massachusetts Men Arrested And Charged To US Court For Supposed Social Media Frauds And Crypto Theft
Two Massachusetts men had been arrested and charged to court on account of stealing victims' social media accounts and cryptocurrency through swapping their sims, hacking their computers, and other nameless techniques.
Bitcoin Entities in Profit Skyrocket to 94.3% as Open Interest Soars
As Bitcoin (BTC) briefly touched the $55K level, a fate last seen in May, profitability in this market scaled to new heights.
Vitalik Buterin Shares Opinion On Crypto Regulation
Ethereum co-founder Vitalik Buterin on Sunday, shared his opinion on crypto regulation, expressing that he is happy exchange-traded funds (ETFs) are getting delayed.
Gold Guaranteed Coin Mining Introduces Tokenised Gold Investment
Gold Guaranteed Coin Mining has launched the Gold Guaranteed Coin (GGCM), which uses blockchain technology to digitally store physical gold.
Bitcoin Bull Peter McCormack Becomes Football Club Owner
Hardcore Bitcoin (BTC) investor Peter McCormack has announced that he has acquired English football club Bedford FC, which he hopes to build using the Bitcoin standard.
SEC's Upcoming Decision on Bitcoin ETFs and the Implications
The SEC's anticipated decision on Bitcoin ETFs, expected by January 2024, could significantly boost U.S. crypto adoption, balancing financial institutions' interests and legal challenges.
Australian Crypto Market Tanks on the Arrival of Bitcoin and Ethereum EFTs
Australia’s digital currency exchanges began trading funds on Thursday amid a breakdown in the digital tokens.
China's Inner Mongolia to Shut Down Bitcoin Mining Operations Due to Energy Efficiency Concerns
A major Bitcoin mining hub in China, Inner Mongolia will be shutting down its extensive mining operations by April of this year.
Ethereum's Vitalik Buterin Concerned About Security Risks That Come With High ETH Transaction Fees
By now, it is no secret that Ethereum co-founder Vitalik Buterin and his team are busy perfecting Ethereum 2.0 and preparing it for its official launch.
Bitcoin Balance on Exchanges Experiences Macro Decline as Price Eyes a Weekly Close Above the 200-Week MA
Bitcoin (BTC) continues to exit crypto exchanges since it’s recording a macro decline.
Robinhood Explores New Feature to Protect Investors from Crypto Fluctuations
Zero-commission financial trading platform Robinhood is exploring a new feature designed to protect investors from price fluctuations during the process of investing in cryptocurrency trading.
Bitfinex to Launch New Security Token Offering Platform Regulated by Kazakhstan
Cryptocurrency exchanges Bitfinex is launching a new security token offering (STO) platform regulated by Kazakhstan.
Hong Kong's 2024 Budget Introduces 'Regulatory Sandbox' for Stablecoin Testing
Hong Kong to launch a 'regulatory sandbox' for testing stablecoin issuance and business models, as outlined in the city's 2024 budget plan.
AmeriCoin - The Pathway to Monetary Freedom, Tokenization and the American Dream?
Is cryptocurrency the tool to achieve the “American Dream”? Adam Kokesh, the leading libertarian candidate of the 2020 U.S. presidential race has revealed the plan to develop AmeriCoin cryptocurrency. The development of AmeriCoin will be led by Alastair Caithness, the Chief Blockchain Policy Advisor appointed by Kokesh.
Bitcoin Miner Bitfarms Mined 378 BTC and Sold 333 in July
Bitcoin Miner Bitfarms mined 378 BTC and sold 333 in July 2023. The report details expansion plans, including a move to double hydropower capacity, and highlights challenges faced.
“New FATF regulations will bite next year” NexChange Interview Series with Adam Vaziri, CEO of Blockpass, Part 1
Sign up for Block O2O event “STO: Blockchain Powered Next-level Fintech” on Nov 5th 2019 and get to listen to Adam and Blockpass team’s vision of STO operational hurdles and solution – in person!
Cryptocurrency is Highly Influencing the Gaming Industry
Cryptocurrency is said to be the payment of the future. Since the introduction of Bitcoin in 2009, many industries have incorporated and accepted cryptocurrency as a reliable option for payment. With rising competition and seeing the concrete future in the business of digital currency, many cryptocurrency service providers are available to choose from.
China to Launch Its Own Digital Currency Later This Year
In order to remain ahead in the global competition, China plans to launch its own digital currency known as Digital Currency Electronic Payment (DCEP). The digital currency will stimulate daily banking activities like deposits, payments, and withdrawals from the digital wallet. Crypto news website Coin Journal shows that the People’s Bank of China, China’s central bank has initiated the efforts to roll out its very own digital currency. It is an effort aimed at staying ahead among all the central banks worldwide as well as preserving financial sovereignty.
Bank of England Solicits Funds to Enhance Crypto Crackdown
The Bank of England, through the Prudential Regulation Authority (PRA), is looking to raise as much as £321 million ($419 million) from the commercial institutions as it is planning to shore up its regulatory efforts in the digital currency ecosystem.
KuCoin Rolls Out Decentralized Crypto Wallet to Aid Web3.0 Exploration
The Seychelles-based crypto exchange KuCoin has rolled out a decentralized product dubbed KuCoin Wallet, supporting multiple tokens trading and multi-chain aggregation.
Active Bitcoin Addresses Hit a 14-Month Low as Long-Term BTC Holders Continue Accumulating
The number of active BTC addresses reached a 14-month low of 43,639.482, as revealed by on-chain metrics provider Glassnode.
Crypto Saw Increase in Professional Investors at Record Rates: WSJ
The Wall Street Journal reported that the crypto industry saw an increase in professional investors at record rates.
New Meme Coin DigiToads (TOADS) token to list on BitMart Exchange
The crypto market has been red hot recently. Bitcoin (BTC) ripped past $30,000, Ethereum (ETH) staking withdrawals will go live, breaking the $2,000 price point whilst Bitcoin (BTC) dominance dropped while its price climbs means it might be the beginning of an altcoin season.
Ethereum Supply Diminishes to a Record Low Amid ETH Breaking the Record at $4,400
Ethereum’s record-breaking surge is being attributed to diminished supply and high token circulation.
Bitcoin Hits Two-Week High as Institutional Inflow Continues Trickling In
Bitcoin and Ethereum bullishness are back as more big-money bets keep flowing into cryptocurrencies.
Top Altcoins with the Best Weekly Gain: BAT, GRT & APE
Despite the headway BTC and ETH recorded in the past week, a number of altcoins saw more impressive growths. These altcoins with the most impressive growth include APE, BAT, and GRT.
First Digital Group Launches New Stablecoin FDUSD to Revolutionize Global Finance
Asia's leading trust company and qualified custodian, First Digital, is making waves in the global financial ecosystem with the announcement of its new stablecoin, First Digital USD (FDUSD)
Crypto Tax Payments Permitted in Bermuda
Bermuda has started accepting tax payments using Circle's stablecoin known as USD Coin (USDC).
UK Government Wants FCA Oversight on Crypto Investment Advertising
The UK Government has proposed that crypto asset promotions should fall under the scope of the Financial Conduct Authority’s existing oversight and does not require a whole new framework just for digital assets.
Senator Lummis: Voting on Infrastructure Bill Amendments Will Be a Win for the Digital Asset Community
With all forms of Amendment on the Infrastructure Bill under threat, Sen Lummis has explained why the crypto industry will win should an amendment be voted on.
Coinbase Still Holds 1.4m Bitcoin for Institutional Investors, Representing a Rise of 296% from Q4 2020
Despite the ups and downs experienced in the Bitcoin market since the fourth quarter of 2020, crypto exchange Coinbase continues to hold 1.4M BTC for institutional customers.
Crypto Exchange FTX Offers Stock Trading Services to All Users in US
Cryptocurrency exchange FTX.US has opened stock trading services to all users in the US.
Protocol Upgrade to Boost Transactions Speed & Cross-Chain Communcation Security: Algorand
Algorand said that the new protocol upgrade will boost its transactions per second (TPS) and cross-chain communication security via state proofs.
Legends of Wall Street Are Warning Us That Inflation is Coming Hard—Is it time to Buy Bitcoin?
Will you turn to Bitcoin or Gold to hold your wealth as the US Dollar loses purchasing power? Here's what legends of Wall Street are doing.
Thailand to Ban Use of Digital Assets as Payment from April
Thailand's market regulator announced that the use of digit assets to pay for goods and services will be banned from April 1, according to a report from Reuters.
Bank of America Considers Bitcoin and Crypto Transactions to be Equivalent to Cash
Bank of America is considering Bitcoin, Ethereum, and other altcoins to be cash equivalent, and will treat crypto-related transactions as cash advances. Adjustments to the fees in that category of transactions will also be made.
Solana-based Decentralized Exchange Slope Finance Raises $8M in Series A funding
Solana-community based decentralized exchange Slope Finance announced to complete the rasing of $8,000,000 in Series A funding, co-led by Solana Ventures and Jump Crypto.
Bitcoin Supply Held by Long-Term Holders Surge to 66%
Long-term holders (LTHs) have emerged to be significant players in the Bitcoin (BTC) ecosystem.
Bitcoin Transaction Volume Hits a Monthly High as Crypto Adoption Surged by Over 881% Last Year
Bitcoin experienced an uptick in transaction volume recently, given that it reached a 1-month high of 47,433.025 BTC. A research reflected global crypto adoption on the rise, boosted by P2P trading activites.
Ankr Becomes an RPC Provider to Ethereum L2 Scaling Solution Optimism
Ankr, one of the world’s fastest-growing Web3 infrastructure providers, is thrilled to announce that it has become an RPC (Remote Procedure Call) provider to Optimism, a blazing-fast and low-cost Layer-2 scaling solution for the Ethereum blockchain. Following this partnership, Ankr is now an RPC provider to 17 blockchains including Ethereum, BNB Chain, Solana, and Avalanche. An RPC enables various applications to interact with the blockchain.
Bitcoin Miners Are Not Selling But Accumulating Their Crypto Funds
Glassnode data shows that miners are not willing to sell their Bitcoins amid a market wide exchange shortage of the cryptocurrency. The shortage comes as institutions continue buying crypto assets in droves.
Ethereum Surges Past $700 for the First Time since 2018, ETH Supply on Exchanges Diminishes
New data by Santiment reveals that the current ETH price rally has not been witnessed since May 19, 2018 as supply on exchanges sink to a 1.5-year low.
NYDIG Launches Bitcoin Savings Plan for Employees
NYDIG, a company specialising in providing Bitcoin investment and technology solutions, announced on Feb. 1 the launch of an employee bitcoin savings plan that allows employees to convert a portion of their salary into bitcoin.
DJ Steve Aoki to Release NFT Series at Price of 1.5 SOL on August 29
American DJ and EDM producer Steve Aoki, in collaboration with artist Greg Hildebrandt, will be releasing his NFT collection on August 29th at 2 pm.=
Cryptocurrencies’ Fixed Supply Will Hinder Their Functionality as Actual Currencies, says UBS Economist
Paul Donovan, chief economist at UBS Global Wealth Management, believes that cryptocurrencies are flawed as their supply cannot be slashed when demand flops.
Bitcoin Crashed down to $30K-What’s Next?
Despite the price of Bitcoin (BTC) retracted by 30%, followed by a plummet intraday Wednesday. the bulls are trying to push Bitcoin stand firm over the 200-Exponential Moving Average (200-EMA) of around $42K.
Circle Taps BNY Mellon to Serve as Custodian for USDC Stablecoin Reserves
The new partnership will mutually benefit Circle and Mellon Bank.
Ark Investment: U.S. Crypto Innovation Threatened by Regulatory Ambiguity
According to ARK Investment Management, a well-respected global asset manager and advocate of bitcoin, these developments are causing crypto liquidity in the U.S. to decrease substantially and leading to greater volatility in crypto prices.
US Stocks, Oil, and Bitcoin Price Plunge, Hinting Second Wave of Coronavirus Cases
Stocks, oil, and Bitcoin price have been plunging, as the market has been concerned about a possible second wave of coronavirus cases as lockdowns have been easing in certain states in the US.
Ugandan Government Forms an Expert Task Force to Delve into Crypto Usage
The Ugandan government has formed a team of experts to research and offer guidance on digital financial operations, such as cryptocurrencies in the wake of recent crypto scams.
Indonesian Police Raid Bitcoin Mining Operations Over $1 Million Electricity Theft
Indonesian police have closed 10 illegal Bitcoin mining operations, detained 26 individuals, and confiscated over 1,300 mining rigs, stealing nearly $1 million worth of electricity.
Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network
Russian citizen arrested and charged for trying to recruit an employee to plant malware on a company’s computer network in Nevada, US.
Crypto Music Platform Audius Allows Sending Token to Support Artists
Crypto music streaming platform Audius has developed a new feature that allows users to send the platform’s governance tokens to their favourite creators.
Bitcoin Whales are Controlling the Market
Bitcoin whales are reckoning forces in crypto exchanges. Therefore, their dominance is being felt in the crypto market because of their massive liquidity.
Billionaire Investor Mike Novogratz Buys Bitcoin at $56,500
Billionaire investor, Mike Novogratz has maintained his bullish title, reaffirming that he has bought even more Bitcoin (BTC) at an average price of $56,500 each.
Could Brock Pierce's Presidential Campaign Damage the Crypto Industry? Tether's Legal Troubles Resume
Brock Pierce’s run for President of the United States may have come at the wrong time, as the New York Supreme Court today ruled that Bitfinex and Tether must face up to allegations that they concealed the loss of commingled corporate and client funds amounting to over $850 million.
Coinbase vs SEC: Legal Battle Heats Up
The US Court of Appeals has ordered the SEC to respond to Coinbase’s writ of mandamus within 10 days. The largest US cryptocurrency exchange filed a lawsuit in April requesting regulatory clarity, but has faced increased enforcement and warnings from the SEC, leading to a downgraded rating by Citigroup.
Alameda Research co-CEO Sam Trabucco Resigns
Sam Trabucco, co-CEO of Alameda Research, an encrypted digital asset fund, announced on Twitter that he would resign from his leadership position to focus on other personal matters.
JPMorgan Chase Urges Caution Over Altcoin Rally in Crypto Markets
JPMorgan Chase investment bank has warned that the surging rally associated with altcoins may signal a classic crypto market bubble.
Legacy Healing Center Accepts Crypto Payment Option for More Addiction Treatment
Legacy Healing Center, a US-based addiction treatment centre in Florida and New Jersey, aims to open the doors to more people seeking treatment by accepting Bitcoin (BTC) and Ethereum (ETH) as valid forms of payment.
Gold, Oil and Bitcoin: What Does One Have to Do With the Others?
You’ll often hear the value of bitcoin being compared to that of gold, with the newest likeness being to oil. But do these three commodities really have anything in common?
Brazilian Banking Federation President Claims Crypto Cannot Replace Fiat Money
The President of Brazilian Banking Federation has argued that cryptocurrencies do not meet the basic criteria of real currencies.
Block Q1 BTC Revenue Plunges 51% Amid General Market Turbulence
Block Inc’s Cash App recorded a total Bitcoin (BTC) sale of $1.73 billion in the first quarter of 2022, a figure that plunged by over 51% from the prior quarter
Japan’s Financial Watchdog Believes Deregulating Crypto Does Not Necessarily Propel Technical Innovation
After assuming the helm of Japan’s Financial Services Agency mandated with overseeing the monetary sector in July, Ryozo Himino has voiced his reservation of promoting cryptocurrency trading.
U.S. Requests Crypto Exchanges to Avoid Russian Running away from Sanctions
The U.S. is reportedly urging major crypto exchanges to make sure no Russian individuals or institutions escape from the sanctions by using cryptocurrencies.
Tesla Sold 75% Bitcoin Holdings in Q2, Worth $936m
Tesla’s 75% of Bitcoins have been sold from its holdings. This sale comes after a sharp drop in crypto prices across the board, including Bitcoin and Dogecoin.
Australia's Crypto Processing Firm Banxa to Lay off One-Third of its Staff
Australian cryptocurrency payments processing firm Banxa Holdings has disclosed its plans to retrench almost a third of its staff, making the headlines as one of the platforms to explore this route in its cost-cutting mission.
Japan’s Financial Services Agency Has Officially Chosen a New Commissioner, Himono
Japan's Financial Services Agency (FSA) confirmed its plans for hiring Ryozo Himono as the new commissioner of the financial watchdog group.
US IRS Introduces Broad Category for Digital Assets Ahead of Tax Season
The US IRS has created the Digital Assets categories ahead of this year's tax season
Croatia's Top Supermarket Brand Now Accepts Crypto Payments
The largest supermarket company in the European nation of Croatia, Konzum, says it is possible to buy all of its products online and pay with one of 9 supported digital currencies.
Bitcoin Price Reaches $10,800—Following Bullish Momentum Along with Safe Haven Asset Gold
After a few days of steep correction, the crypto market is on a journey of recovery, as Bitcoin’s price recently surged from $10,300 to $10,800 within an hour.
Bitcoin Pares off its Weekend Gains as Altcoin’s Growth Slows
Bitcoin has negatively toppled its growth as the trend slows down the growth of altcoins.
Malaysian Authorities Shut Down Illegal Bitcoin Miners For $600K Power Theft
Malaysian police have shut down two illegal Bitcoin mining operations which had been siphoning power continuously for the past three years.
Yuga Labs Launches TwelveFold: Bitcoin Based Generative Art
Yuga Labs has launched TwelveFold, a 300-piece generative art collection on the Bitcoin blockchain. The project uses the Ordinal Theory protocol to locate inscribed satoshis, with participants submitting puzzle answers through various wallets. The technology, "inscribing," is a significant step in NFT evolution.
Cryptocurrencies Experience Record Outflows in Week 1 of 2022: CoinShares
As prices continued their tumble in the first trading week of 2022, digital asset manager CoinShares' report showed that cryptocurrency investment had net outflows totalling a record $207 million.
White House Report Casts Doubt on Cryptocurrencies
The White House's Economic Report includes a chapter questioning the benefits of cryptocurrencies, with 35 pages dedicated to debunking them. It argues that crypto assets fail to deliver on their promised benefits, and that they are too volatile to be a stable store of value or reliable medium of exchange.
Brock Pierce Served for Securities Fraud in Connection with His Blockchain Company Block.one During Electoral Campaign
Presidential hopeful Brock Pierce was served a court summons during his electoral rally at his new headquarters in New York City today.
How Crypto Market Reacted After Biden's Executive Order on Digital Currencies
Here is how the crypto market reacted to the latest US government's Executive Order on digital currencies.
European Commission Eyes Crypto Regulatory Framework with New Digital Finance Package
The European Commission (EC) has unveiled a digital finance package that highlights legislative proposals on crypto assets and digital resilience.
Bitcoin Needs to Hold the $50-52k Area to Avoid Dipping to $40,000, says Crypto Trader
Crypto trader Credible Crypto believes Bitcoin bulls have a task at hand of putting a shield at the $50,000 to $52,000 price level because failure to which a journey towards $40,000 might be unavoidable
Ark Invest Expands Research Arm, Focusing on Blockchain Technology and AI
Ark Investment Management LLC, owned by Cathie Wood, has expanded its research arm as it seeks deeper development in various fields, including blockchain and AI.
Bitcoin Adoption in Africa Sees Massive Surge as P2P Volumes Hit All-Time Highs
Crypto analyst Kevin Rooke has revealed that Bitcoin is having a field day as peer to peer (P2P) volumes are hitting all-time highs (ATHs) as a 2.5-fold surge has been experienced since March. Some of the African nations leading the pack include Kenya, South Africa, Nigeria, and Ghana, as the Bitcoin being traded weekly has exceeded $1 million.
US Lawmakers Want STABLE Act to Force Stablecoin Issuers to Secure Bank Charters
US lawmakers have introduced a new bill to Congress seeking to impose federal control over the entire stablecoin industry and would mandate issuers to secure bank charters.
Circle Publishes Inuagural USDC Reserve Treasury Report for June
Co-Founder and CEO of Circle, Jeremy Allaire has announced the release of the company’s first monthly USDC reserve report for the month of June
The U.K. government is recruiting for a head to its central bank digital currency project
The U.K. is hiring a central bank digital currency (CBDC) chief to establish a digital pound. CBDCs promise financial inclusion and lower corporate and consumer expenses. A former Bank of England senior advisor opposed CBDCs. In 2021, 23 million Brits did not use cash, and fewer than 15% of payments are done using cash.
What Happens When the Bitcoin Blockchain Produces an Empty Block
Accept the oddities: Bitcoin's blockchain has more empty blocks than intended.
Coinbase IPO May Push BTC Price to $70,000, Just like Tesla Pushed BTC to $60,000
Bloomberg strategist Mike McGlone says Coinbase IPO can stir a Bitcoin bull run to $70,000, similar to how Tesla prompted BTC to reach $60,000.
Market Researcher States That Bitcoin is an Indicator for Geopolitical Turmoil
Nicolas Colas, a market researcher and Co-founder of market research firm DataTrek Research, says that Bitcoin could be used as an indication for geopolitical turmoil.
FINEXPO Presents Blockchain Fest Singapore 2023
FINEXPO is proud to bring Blockchain Fest 2023 to Marina Bay Sands Convention Center, Singapore, one of the biggest venues in Singapore. Singapore is the most crypto friendly environment and a real hub of modern financial Asia inviting companies from Europe and the world to join the event.
Ethereum Cracks Record-High of $1.8K amid CME ETH Futures Listing and Bitcoin All-Time High
Ethereum, the second-largest cryptocurrency by market capitalization, has broken to a record-high of more than $1,800, increasing by 10% in the past 24 hours.
Total Fees Paid on Bitcoin Network Hit Monthly Low, Hashrate Records Historic Highs
Bitcoin’s friendliness in terms of the low transaction fees paid to use its network continues because it hit a monthly low.
Wrapped Tokens Issued by FTX or Alameda Slumps, No Longer Redeemable
Following the filed Chapter 11 bankruptcy from FTX, the wrapped tokens issued by the crypto exchange or its sister trading shop Alameda Research have now undergone a price decline.
Mr Dark's Depraved Rape and Child Porn Site Brought Down by Blockchain Analysis
A Dutch national has been indicted by a federal grand jury in the District of Columbia for operating a depraved and violent pornography site featuring minors and sexual assault. Michael Rahim Mohammed, known as Mr Dark, allegedly profited around $1.6 million which was paid in cryptocurrencies like Bitcoin and Ethereum.
Bitdeer Reports Mining of 1,299 Bitcoins in Q4 2023
Bitdeer showcases robust Q4 financials with soaring revenues and mining efficiency, reinforcing its status as a leading blockchain tech company.
UWM Holdings Corp Plans to Accept Crypto for Mortgage Payment this Year
MI. UWM Holdings Corp, a large-scale wholesale mortgage lender in the United States, said it plans to accept cryptocurrency to satisfy mortgage payment this year.
NASDAQ Listed MIGI Boosts Bitcoin Self-Mining in July 2023 Operational Update
Mawson Infrastructure Group, a leading digital infrastructure and Bitcoin mining company, reported a 23% month-on-month increase in its "Total Revenue Equivalent in BTC" to 163. The company's operational capacity was 96 Megawatts, supporting 27,636 Bitcoin miners. Mawson is exploring expansion opportunities in PJM energy markets and securing strategic sites for long-term digital infrastructure.
Musk Says SpaceX will Follow Tesla's Lead in Adding DOGE Payments
Tesla CEO Elon Musk tweeted that in the near future his space venture company SpaceX plans to introduce payments with his favourite crypto asset, dogecoin (DOGE).
Bitwise Recruits BNY Mellon as Transfer Agent for Proposed Bitcoin ETF
On Wednesday, Bitwise amended its Bitcoin ETF S-1 form listing BNY Mellon as the administrator, transfer agent and ETF custodian. The amendment also listed Foreside Fund services as the marketing agent and Cohen & Co…. Read More
ProShares Confirms to Start Trading Bitcoin Futures ETF on NYSE Tuesday
American Exchange Traded Funds (ETFs) provider, ProShares confirmed that its Bitcoin Futures backed ETF product will begin trading on the NYSE Tuesday.
BUSD, Paxos, and the Recent Scrutiny of Paxos
Matrixport's director of research believed Paxos' BUSD supervision was too lax, prompting regulatory attention. Stablecoins are not the goal.
United States Congress Agree on $900 Billion Stimulus Bill, What it Means for Bitcoin
United States Congress has reached an agreement on a proposed $900 billion pandemic stimulus package and will vote shortly, what will this mean for Bitcoin and crypto?
Tesla's Token Rises Despite Shanghai Factory Shutdown
Regardless of Tesla's Shanghai factory shutdown, investors believe the automaker will survive the disruptions as its crypto-token trading suggests a rise in its shares.
Chinese Media Criticizes OKEx for Illegal Advertisements as Bitcoin Surges Above $30K
On June 27th, the Chinese media outlet Beijing Business Daily published an article titled "Bitcoin's Soaring Market Triggers Illegal Speculation Activities, OKX Resorts to 'Indirect' Marketing."
Jul 30 Trading Analysis: The Running of the BTC Bulls
- BTC trading resiliently around the $11k mark with open interest across global exchanges hitting $5 billion, a level not seen since February this year. - Overnight, no surprises from the U.S. Fed who left interest rates near zero and vowed to use all its tools to support the recovery from an economic downturn that Chair Powell called the most severe “in our lifetime.” - Trade strategy: Think we have got some momentum going as rotation from DeFi and precious metals investors as well as even day traders from the U.S. (think Robhinhood).
82% Ethereum Holders Still in Profitability Despite Price Slipping Below $4,000
Ethereum has yielded an annual return more than five times that of Bitcoin.
Will Bitcoin Rise, Consolidate or Crash After BTC Price Rally to $40,000?
The Bitcoin price set yet another all-time high with BTC rallying to $40,394 making an 11% gain yesterday before dropping $3,500. Where to next for the Bitcoin price?
Crypto Market Maker GSR Lays Off Less Than 10% Staff
GSR, a prominent market maker and liquidity provider in the industry, has unemployed less than 10% of its staff during Q3 this year.
JPMorgan Chase Adopts Blockchain for Collateral Settlement
Financial tycoon, JPMorgan Chase (JPM), announced to use of blockchain technology in the collateral settlement, planning to expand to other asset types such as equities and fixed income, according to Bloomberg.
CGV Leads Expansion in Bitcoin Wallet Sector with UniSat Investment
CGV invests in UniSat to bolster Bitcoin wallet infrastructure, leveraging UniSat's support for the Ordinals protocol and market presence.
Why Bitcoin’s Price Is Rising Despite Selling Pressure from Crypto Whales
Bitcoin whales have been depositing their digital asset funds into exchanges recently, potentially signifying an intent to sell, according to CryptoQuant.
Interest in Ethereum Surpasses Bitcoin as Google Searches for ETH Hits ATH
The interests in Ethereum has hit a new milestone as Google searches for the second-largest cryptocurrency by market capitalization has hit a new ATH record.
China's Antitrust Agency Urged By the PBOC to Probe Alipay and WeChat Pay
In a move similar to the US antitrust hearing, the People’s Bank of China has prompted the nations top antitrust body to probe Alipay and WeChat
Coin Center Files Lawsuit against Treasury over Tornado Cash Sanctions
Backing a second lawsuit, Coin Center sues the Treasury Department and the Office of Foreign Asset Control (OFAC) over its sanctions on the Ethereum mixer, Tornado Cash.
Kazakhstan plans to reduce tax fraud and unlawful business operations
The obligation will gather "information on the revenue of digital miners and digital mining pools for tax purposes" starting Jan. 1, 2024.
Hodlnaut Seeks to Sell Business
Hodlnaut temporary judicial management are considering several offers to buy its Singapore crypto firm and FTX claims.
Cake DeFi Levels Up With Razer Silver
Cake DeFi, Asia’s fastest growing cryptofinance platform dedicated to providing access to decentralized financial services, has today announced a market-leading partnership with Razer Silver, a loyalty rewards program for gamers, backed by Razer Inc, the world’s leading lifestyle brand for gamers. The exclusive partnership will deliver class-leading value to both gaming and crypto enthusiasts by enabling Razer Silver customers to exchange their Razer Silver for Cake DeFi vouchers via the Razer Silver Rewards catalogue.
Islamic Coin Launches Community Rewards on Haqq Network
Islamic Coin announces a Community Rewards program to appreciate and engage its community. The #ISLM Rewards, launched on October 11, 2023, comprises three waves targeting different engagement levels and community segments. The initiative aims at fostering a Shariah-compliant Web3 financial ecosystem, with the first distribution of rewards commencing on October 11, 2023. The program, however, excludes Dubai residents from participating.
El Salvador Purchases 150 new Bitcoins, Bukele: Buys the dip, Now Holds 700 coins
On Monday, El Salvador President Nayib Bukele announced that the Central American nation bought 150 new Bitcoins from the dip, urging people to buy the dip by giving his "presidential advice".
Mike Novogratz Intends to Donate Most of His Bitcoin Holdings to Charity, But With a Condition
Mike Novogratz has stated that he would be donating most of his Bitcoin (BTC) holdings to charity.
UK’s Argo Crypto Mining Firm Begins Paying CEO in Bitcoin
Argo blockchain crypto mining firm has become the first publicly listed company to pay its CEO in Bitcoin.
Signal Messaging App Now Accepts Bitcoin and Ether Donations
Signal messaging app, which offers end-to-end encryption, has begun to accept cryptocurrency donations that will be used to support the platform.
Steve Bannon Expresses his Admiration for Bitcoin
Co-founder of Breitbart News and former chief strategist for US President Donald Trump's administration, Steve Bannon has expressed his admiration for Bitcoin saying that it is a part of the "global populist revolt" in a CNBC News Squawk box on August 2
Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority
The UK Financial Conduct Authority has granted a license to the Winklevoss twins’ Gemini cryptocurrency exchange.
Ripple Co-Founder Chris Larsen Faces Backlash Over BTC Source Code Change Campaign
Larsen claims his motives for the Bitcoin code change are pure and directed toward ensuring the long-term success of the Bitcoin protocol, prominent members of the ecosystem thought otherwise, with many expressing their displeasure with his pursuits.
Coinbase Falls Short in the S&P Global Ratings as Crypto Winter Stiffens
Financial analytics firm S&P Global Ratings has disclosed that Coinbase has been ranked lower for the reduction in its overall earnings in Q2 this year
Spot, Derivatives Trading Volumes across Crypto Exchanges Fell over 15% since May
Overall spot and derivatives trading volumes have fallen over 15% since May to around $4.2 trillion across exchanges as cryptocurrency trading volumes have plummeted.
The Bitcoin logo lights up Berlin
The Berlin TV Tower displayed the Bitcoin logo. German Bitcoiners tweeted images and videos of the lighting. These "advertisements" are legally illegal, so proceed cautiously.
Binance Eliminates Fees on Spot Bitcoin Trading to Mark 5th Anniversary
Crypto exchange Binance is marking its 5th year anniversary in a special way, with the elimination of trading fees of Bitcoin spot trading pairs.
3 Reasons Why Bitcoin Price Will Continue Rising
Institutional demand, subsiding price volatility, and the Federal Reserve having no plans to taper its economic relief spending are 3 reasons why Bitcoin will continue to rise.
SoftBank Vision Fund to Cut 30% of Global Workforce
According to Bloomberg reports, the investment department of the Vision Fund under the Japanese multinational company SoftBank Group is preparing to lay off 30% of its global employees, a total of about 150 staff.
Startup Secret Santa – Bridging Startups, Mentors, VCs and Industry Experts
This Christmas, fintech, blockchain, and social impact startups have an opportunity to spur new growth, new thinking and new innovation for the year ahead with the help of free mentorship from experts and investors representing a wide range of relevant fields, including finance, business development, law, and R&D. Startup Secret Santa will pair 20 mentors with 20 chosen startups for two transformative days of pitching, discussion, and networking.
WeStreet Credit Union Opens Public Access to Cryptocurrency Trading Portal
WeStreet Credit Union has introduced a Crypto Portal, offering a secure platform for buying, selling, and holding cryptocurrencies. Initially a members-only feature since August 2023, it opened to the public in October. Partnering with a Qualified Crypto Custodian, WeStreet provides a regulated, audited platform for cryptocurrency transactions, bridging the gap between traditional banking and the digital currency sphere.
What Is Fueling the Dogecoin Hype?
Dogecoin (DOGE), the meme-based cryptocurrency, seems to have entered mainstream finance with ease, being the latest "hot coin" amid the crypto frenzy.
Chinese Mining Firm Canaan Inc Doubles Revenue Despite Bitcoin Ban
Canaan Inc, a Chinese cryptocurrency mining giant and computing resource provider, has reported a better than expected revenue, despite the ban on crypto mining and transaction activities in China.
Why Cryptocurrency Massive Energy Consumption Is Extravagant?
Overblown bitcoin energy consumption is leaving an adverse impact on environmental sustainability and different opinions exist of bitcoin miner experts regarding this major concern.
Jun 03: Crypto is not for the faint-hearted
Welcome to the world of volatility. Crypto never sleeps. Bitcoin got whipsaw squeezing shorts to trade above $10,400 on Monday only to get smashed down to $9,300 with fresh longs capitulated (see chart below).
Bitcoin Price as Likely as Gold to Rally Higher, Investors Await ECB Policy Meeting Outcome
Bitcoin is now more closely correlated to safe haven asset gold than ever, which enables the world’s largest cryptocurrency to be able to combat risk aversion.
Anti-Government Protest Outbreak in El Salvador, Bitcoin ATM Burned in its Capital
Over thousand protestors marched in the capital of El Salvador Wednesday, while some Bitcoin ATMs reportedly were destroyed against the adoption of Bitcoin as fiat money.
U.S. Representative French Hill offers insights into digital asset regulations
French Hill urges the Senate to create innovative crypto rules.
Coinbase Layer 2 Network
Coinbase's new layer-2 network, Base, has Ethereum supporters. One lawyer thinks the launch "opens the way" for the SEC to expedite its "secondary market agenda."
Bitcoin Could Touch $100K by Year-End, Standard Chartered Analysts Predicts
Standard Chartered analysts are projecting a price top of $100K for Bitcoin by the end of this year.
NiceHash Keeps Promise to Reimburse Victims of 2017 Security Breach
NiceHash is making good on its promise to repay victims of the 2017 security breach of its exchange, which saw over 4640 BTC stolen ($55,680,000 in Bitcoin at the time).
LINE to Offer BTC, ETH for Payment Options and Introduce token in March
Messenger app LINE is considering adding cryptocurrencies to its payment options and officially launching its native LINK token (LN) in March.
Breaking: Binance Pool Introduces Ordinals Inscription Service on Bitcoin network
Binance Pool introduces Ordinals Inscription Service, enabling users to embed data onto satoshis within Bitcoin network, enhancing digital ownership and asset management beyond digital currency.
Polkadot and Binance Coin Prices Surge, Flippening Bitcoin Cash and Chainlink by Market Cap
Polkadot (DOT) and Binance Coin (BNB) have climbed up the market capitalization ladder, overtaking Bitcoin Cash (BCH), and Chainlink (LINK).
Terraform Labs Co-Founder Argues Against SEC Lawsuit
Terraform Labs co-founder, Do Kwon's lawyers have argued in court against the SEC's lawsuit for illegally offering unregistered securities. The lawyers claim the SEC's acquisitions are unfounded and that the stablecoin in question is a currency, not a security. Additionally, Kwon's arrest and subsequent extradition remain uncertain.
Jim Cramer Sold Most of His Bitcoin Holdings but Willing to Buy Again If Prices Fall to Near $10,000
CNBC host Jim Cramer said he is willing to purchase buy Bitcoin again if its price fall to near $100,000, he has revealed has sold nearly all of his Bitcoin holdings due to recent cyberattacks and China’s crackow on crypto.
How to Mine Without Buying A Mining Machine
Bitcoin’s price has been rising incredibly and continues to trend upward. Many people may think that if they cannot buy a Bitcoin mining machine, they are missing out on a huge opportunity to generate profit.
Is Ethereum's Move to PoS Really an Upgrade?
Proof-of-Work is a solution to the Byzantine Generals' Problem. Ethereum's move to PoS looks more like a downgrade into previous solutions that Satoshi Nakamoto tried to avoid.
Why is Nigeria Africa’s Biggest Crypto Hotspot Even Though it Doesn't Even Have a Bitcoin ATM?
Nigeria is the biggest crypto market in Africa, but based on official records it does not have a functional Bitcoin ATM. WeeTracker reported on Jan 27 that this trend is noted in Nigeria despite it backing the first stablecoin project in the continent using its currency the Naira.
BNY Mellon Bank Tapped to Provide Grayscales with Bitcoin ETF Services
Grayscale Investments has selected BNY Mellon bank as an asset servicing provider for its Grayscale Bitcoin Trust(GBTC) , handling accounting and administrative services, effective October 1.
Cathie Wood’s ARK Invest Purchased Coinbase Stock on Its First Day of Trading
Ark Investment management LLC, led by widely popular portfolio manager Cathie Wood, purchased $246 million worth of Coinbase stock on April 14, the first day when the US crypto exchange was listed on Nasdaq stock market.
Bitcoin’s 7-Day Transaction Volume Hit All-Time High of $4.39 Billion
New data by Glassnode reveals that BTC’s seven-day transaction has broken the record at $4.39 billion.
Ledger and Coinbase Partnership Elevates Crypto Wallet Security
Coinbase and Ledger have collaborated to enhance crypto security and user experience by integrating Coinbase Pay into Ledger Live. This partnership allows users to buy and transfer crypto with unparalleled ease and security, directly from desktop or mobile devices.
Hive Blockchain Says Produced 278.5 BTC and 2,542 ETH in June
Hive Blockchain stated that it currently holds 3,239 bitcoin (BTC) and 7,667 Ethereum (ETH), after producing 278.5 BTC and 2,542 ETH in June.
Bitcoin’s Average Trader Returns Sink to a 14-Month Low as FOMO Factors Become Prevalent
The average Bitcoin trader has been on the receiving end as their returns have nosedived to a 14-month low, as revealed by on-chain metrics provider Santiment.
Russia Won't Follow in the Footsteps of China's Total Ban on Crypto Transactions: Russian Deputy FM
The Russian government said it will not follow China's comprehensive ban on cryptocurrency and has no plans to prohibit investors from buying cryptocurrencies in the foreign exchange market.
Bitcoin Price Reached $12,000 Again Before Slightly Retracing, Analysts Remain Bullish on BTC
Crypto analysts have been more bullish on the world’s largest cryptocurrency, believing that the BTC price will hold the key level this time.
How To Buy Bitcoin and Crypto With Paypal in 2021
In November 2020, PayPal announced that all US users would be able to buy bitcoins and 3 other cryptocurrencies (LTC, BCH, ETH) directly through their PayPal digital wallet.
The City of Mobile in Alabama State Launches Bitcoin Mining Project
Mobile city in the US has established a partnership with Distributed Ledger, Inc. (DLI) to develop sustainable Bitcoin mining projects.
Coinbase Secures an E-Money License From the Central Bank of Ireland
The US-based cryptocurrency exchange, Coinbase, has just been granted an e-money license in Ireland by the Central Bank of Ireland as it continues its expansion into Europe.
Bitcoin's Balance on Exchanges Hits a 4-Year Low Amid Traders Becoming Overly Optimistic
As Bitcoin (BTC) continues hovering around the $20K area, the balance on exchanges is shrinking.
Is Bitcoin Edging Closer to the End of a Bear Market?
The back and forth experienced in the Bitcoin (BTC) market might soon come to an end based on various indicators, according to a crypto analyst under the pseudonym PlanB.
Twitter CEO Jack Dorsey Expresses Passion for Bitcoin in Thread Justifying Twitter Ban of President Trump
Twitter CEO Jack Dorsey explained Twitter’s decision to ban President Donald Trump following last week’s attack on the Capitol, expressing his passion for decentralized Bitcoin.
ECB Publishes New Stablecoin-Featured Framework for Overseeing Payments
The European Central Bank (ECB) has released a new framework geared towards overseeing all forms of electronic payments in the region, including those bordering on stablecoins.
All Nippon Airways Jumps into the NFT Space
According to simpleflying, Japan's largest airline group, All Nippon Airways (ANA) Group, has announced its venture into the Non-Fungible Token (NFT) market, following other airlines including airBaltic, Qantas, and Etihad Airways.
Not Larva Labs Founder Pauly: Pepe Coin Announcement is 100% Bullshit
After $PEPE's official statement on unexpected token transfers, Pauly claims the announcement is "100% bullshit", while others question its accuracy.
Nigeria Eyes New Regulatory Framework to Boost Crypto and Blockchain Adoption
Nigeria’s Ministry of Finance is collaborating with the nation’s capital market watchdog, to provide a new regulatory environment for the blockchain and crypto space.
Panama Looks to Legalize Bitcoin and Ethereum in Line with El Salvador
Panama has introduced a crypto bill with the aim to legalize Bitcoin and cryptocurrencies.
Bitcoin Gets an A, EOS Gets an F in Latest Blockchain Report
Coin Metrics, the research and analytics firm, have ranked the top ten blockchain networks through a multi-variate analysis. The results may surprise many in the community as popular developer chain Ethereum was a awarded a mere B classification while popular chains EOS and Binance Chain took positions at the bottom of the list with an F grade.
Pantera Capital: Crypto Market Turns Bullish Amid Regulatory Clarity
Pantera Capital predicts a bullish trend in the cryptocurrency market, highlighting Bitcoin's potential for DeFi expansion, technological advancements, and regulatory favorableness, following the anticipated Bitcoin halving event.
Kucoin Report: Turkey's Crypto Investor Base Grows by 12%
KuCoin's 15th report on cryptocurrencies shows a 12% increase in Turkish adults investing in cryptocurrencies over the past 18 months, despite market conditions and a depreciating Turkish lira.
Kids Should Be Taught About Cryptocurrency: NYC Mayor-elect Adams
New York City Mayor-elect Eric Adams, a major proponent of cryptocurrency in the US, made another statement in support of digital currencies saying that schools should teach about the technology.
Telegram Mulling to Launch Marketplace for NFT-Like Smart Contracts
Telegram is considering introducing a new marketplace to allow users to transfer usernames via "NFT-like smart contracts," founder Pavel Durov announced.
Litecoin Surpasses Bitcoin SV by Market Cap and Outperforms Other Major Cryptos
Litecoin has been catching up with some of the action seen with the cryptocurrency market rally, surging almost 11 percent in the past 24 hours.
PolkaFantasy's New NFT Marketplace aimée Features Exclusive Collection from Mega Man’s "Beastroid"
PolkaFantasy, the world’s first Japanese ACG-dedicated blockchain ecosystem, announced the launch of their rebranded NFT marketplace, aimée, on a quest to bring people from all over the world together for their love of NFTs on August 4th and 7th.
Crypto Market Crashes after Putin Announcing Military Operations against Ukraine
The crypto market is full of bearish sentiment, right after Russia launched the latest military operation against Ukraine. Bitcoin has fallen over 8%, whereas Ethereum has plunged over 10%.
Bank of America Says Binance to Benefit from Increased Supply of Its Own Stablecoin
BAC has given more clarification on how Binance’s automatic conversion of other stablecoins could impact its business as well as its own BUSD stablecoin.
Ray Dalio Sheds Light On What Constitutes A Good Investment Portfolio, and It Includes Bitcoin (BTC)
Ray Dalio, the founder of hedge fund giant Bridgewater Associates, has long been critical of Bitcoin but it appears that his stance may have changed over time.
Ripple and Chainalysis to Discuss How Crypto for Crime and Child Exploitation Can Be Prevented
An illicit way in which cryptocurrencies have been used in the digital age has been to drive the distribution of child sexual abuse material (CSAM).
Stablecoin Protocol Frax Finance Launches Lending Market Fraxlend
Algorithmic stablecoin protocol Frax Finance has launched its own lending marketplace Fraxlend, allowing users to lend and borrow tokens belonging to the Chainlink data feed without permission.
Gate.io Executive Reveals Global Economic Outlook and Future Cryptocurrency Adoption Amid Coronavirus Pandemic
Blockchain.News exclusively interviewed Marie Tatibouet, the Chief Marketing Officer of Gate.io to explore the current trends and future expected evolution of the cryptocurrency market.
New York Supreme Court Declares NYAG has Jurisdiction over Bitfinex
The New York State Supreme Court ruled that the New York Attorney General (NYAG) has jurisdiction over the case with cryptocurrency exchange Bitfinex, regarding fraud allegations.
UN Agency Advises Kenya to Embrace Blockchain Technology to Tame Corruption
The United Nations Office of Drugs and Crime (UNODC) wants Kenya to embrace blockchain technology to fight runaway corruption.
SEC Charges Crypto Project Unikrn $6.1M for ICO Violations
The Securities and Exchange Commission (SEC) has charged Unikrn for conducting an unregistered initial coin offering of its native token, UnikoinGold (UKG).
New York Senate Gives Moratorium on Bitcoin Mining Operations Per Climate Change Concerns
New York Senators are seeking a new law that clamps down on coal-powered mining while giving exceptions to green energy-powered Bitcoin mining.
Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins
Sberbank, Russia’s biggest bank, has disclosed the possibility of issuing tokens to be utilized in digital financial assets (DFA) settlements. The token will be in the form of a stablecoin to be pegged to the nation’s currency, the Russian ruble.
X.LA’s Alex Barkaloff Reveals Vision to Bring Billions to Web3
Alex Barkaloff, a founding member of X.LA Foundation, has shared his vision for onboarding billions to web3. At the recent CogX festival for CEOs, technology leaders, entrepreneurs, and investors, Barkaloff proposed how web3 must evolve to meet the needs of internet users the world over. He also detailed the role X.LA Foundation will play in allowing content creators to leverage their IP so that they can profitably participate in the metaverse economy which will be enmeshed in this new internet standard.
Goldman Sachs to Launch Data Service to Classify Digital Assets
Goldman Sachs has floated a new crypto categorization tool dubbed Datanomy
Bitcoins Rebounds after Witnessing 6 Month Lows due to FUD, Standing around $36K
Subject to fears of a Russian invasion of Ukraine and the possibility of raising the interest rate from the U.S. Fed meeting last week, Bitcoin rebounded during the Asia trading session after it tumbled to its lowest in six months.
New York Regulatory Authority Approves 8 Cryptocurrencies for Listing and Trading
The New York State Department of Financial Services (NYDFS) approved 8 cryptocurrencies for trading, and 10 for custody by licensed entities.
Chamath Palihapitiya Sees Bitcoin as a Hedge Against Economic Uncertainty
Chamath Palihapitiya, the founder and CEO of Social Capital, reveals that Bitcoin acts as a hedge against global uncertainty caused by the pandemic.
Ex-Coinbase Staff Sued in Insider Trading Case
32-year-old Ishan Wahi, the former Product Manager at Coinbase Global Inc, has been charged in a district court in Washington for orchestrating an insider trading fraud.
KuCoin User Linked to Memecoin Scams
Crypto exchange KuCoin confirms a user's address is responsible for launching thousands of memecoin scams but will not freeze assets without official notice from law enforcement. The wallet address has been marked as a fake phishing wallet by blockchain explorer Etherscan.
Alibaba’s Ant Group Set to be 2020’s Top IPOs in Hong Kong and Shanghai
Ant Financial, formerly known as Alipay and known renamed to ‘Ant Group’, has announced its intentions of launching an initial public offering (IPO) that would be featured both on the Shanghai Stock Exchanges' STAR board and the Stock Exchange of Hong Kong (HKEX/ SEHK).
Singapore's Whampoa Group Raises $50M for Crypto Hedge Funds
According to Bloomberg, Singapore-based asset management firm Whampoa Group plans to raise $50 million for a crypto hedge fund and has announced plans to set up a venture capital fund to invest in digital assets.
Why Bitcoin is Popular among Investors
The number of forums where people are discussing Bitcoin trading and investing has increased over recent years. More companies and individuals are also interested in Bitcoin trading and investing.
Aave Integrates with Pocket Network for Dapps Development
Aave announced integration with the distributed network of over 44,000 nodes on the Pocket Network to enhance decentralized application development.
Interactive Brokers Launches Crypto Trading Services for Institutional Clients
In 2023, Hong Kong will cooperate with cryptocurrency and fintech firms.
The Central Bank of Nigeria to Conduct its Central Bank Digital Currency Pilot on October 1
The Central Bank of Nigeria (CBN) officially announced to pilot its central bank digital currency programme on the Hyperledger Fabric blockchain on October 1.
Thailand Eyes Crypto Tourism to Increase GDP
Thailand could see a new phase in its tourism sector as it plans to target crypto digital nomads to increase its GDP.
U.S. Senator Warren Urged To Regulate Cryptocurrencies
Massachusetts senator Elizabeth has acknowledged that Bitcoin and Dogecoin have significant problems and therefore urges regulators to break crypto policy deadlock.
Alibaba Unveils Its First Home-Grown AI Chip
Chinese e-commerce giant Alibaba unveiled its first artificial intelligence inference chip on Wednesday, a move which could further invigorate its already rip-roaring cloud computing business.
25 Publicly Traded Companies Hold a Total of 178,855 Bitcoins Worth $9.6 Billion
New data by digital asset firm Bloqport reveals that 25 publicly traded companies now hold a total of 178,855 Bitcoin on their balance sheets worth $9.6 billion.
Purse.io Not Closed Just Yet, Will Bitcoin Jesus be the Bitcoin Startup's Saviour?
Purse.io may be getting a thrown a life line following their shock announcement last week that they would close their doors after six years of trying to bring serious utility to Bitcoin in retail services.
Crypto Interest in Asia is Brewing, Showing Long-Term Optimism in the Market
Crypto analyst Joseph Young has disclosed that Asia is showing considerable interest in the crypto market.
HSBC Becomes the First Bank to Finance Transaction via Hyperledger
Multinational banking giant, HSBC has reportedly become the first bank to complete a financial transaction using the blockchain trade platform, we.trade based in Europe.
Slangs Used in Crypto Space
There is a plethora of crypto slang in the industry and it can be helpful to know about them as it can quickly explain the different terms used in the industry.
Active Bitcoin Addresses Hit Third-Highest Level in November
The number of active BTC addresses hit the third-highest level in November at almost 19.6 million Bitcoin wallets.
What is Trust?
Trust and trusted third parties are key concepts in bitcoin. The key role of bitcoin is to reduce trust and trusted third parties.
Elon Musk Considers Adding Dogecoin as a Payment Option for Tesla
Tesla CEO Elon Musk may be considering the possibility of enabling Dogecoin as a method of payment for Tesla customers.
German Startup Plans to Launch Bitcoin ETN on Frankfurt, Luxembourg Stock Exchanges
Iconic, a German startup wants to integrate cryptocurrency into the stock market through the listing of their bitcoin derivative (ETN) with regulated trading on Frankfurt and the Luxembourg Stock Exchange.
Coinbase Ventures Invests in Decentralized Ethereum Staking Pool Rocket Pool
Coinbase Ventures has invested in Rocket Pool, acquiring RPL tokens to support the decentralized Ethereum staking pool. The move aligns with efforts to scale Ethereum's infrastructure.
Crypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not Technology
The Financial Action Task Force (FATF) Travel Rule has been in the center of attention lately, which concerns crypto transactions above a certain amount must be accompanied by identifying information.The rule is an update to the existing FATF Recommendation 16, regarding cross-border and domestic wire transfers, and is intended to address the anti-money laundering (AML) and counter-terrorist financing (CFT) challenges as crypto adoption increases. The FATF Travel Rule could mean implications for virtual asset service providers (VASPs), including cryptocurrency exchanges, wallet providers, and custodians.
Hong Kong-Based LOST Launches World's 1st Escape Room in Metaverse
Hong Kong-based LOST has launched the world's first escape room in the metaverse.\
CNBC's Jim Cramer Changes Mind, Finally Buying Bitcoin
After predicting that Bitcoin would be annihilated, CNBC's ‘Mad Money’s host Jim Cramer is finally buying Bitcoin.
Coinbase Takes a Step Further into the Japanese Crypto Market
Coinbase has been licensed in Japan since 2019, and has registered as second-class members of the Japan Virtual Currency Exchange Association (JVCEA), a self-regulatory organization for the crypto industry in Japan.
China-Based Crypto Ponzi Scheme Generates $1 Billion Before Being Flagged
A cryptocurrency Ponzi scheme was reported by Chinese law officials, but not before fraudsters reaped more than $1 billion profit from it.
PartyDAO Raises $16.4 Million Led by a16z
PartyDAO has raised $16.4 million in funding led by Andreessen Horowitz (a16z), The Block reported.
Coinbase Sued over $350M in Damages Due to Patent Infringement
The digital currency exchange platform Coinbase Global Inc. has been sued by Veritaseum Capital LLC over patent infringement in Delaware federal court
Abu Dhabi to Integrate Land Records on the Blockchain Platform
The capital of the United Arab Emirates (UAE), Abu Dhabi has revealed its intentions of putting its land registry system on the blockchain.
25,000 New Bitcoin Addresses Generated in a Single Hour
Glassnode, an on-chain market analytic company, has shared data showing 24,807 Bitcoin (BTC) addresses were developed in just one hour on Nov 18.
India Crypto Exchanges Restrict Rupee Deposits to Buy Crypto
Indian cryptocurrency exchanges CoinSwitch Kuber and WazirX have banned users from making rupee deposits to buy cryptocurrencies due to issues with the United Payments Interface (UPI), Reuters reported.
Bitcoin Price Bull Run Will Hit All Time High in 2020, Predicts Billionaire Bitcoin Investor
The Bitcoin price is heading to $20,000 by the end of 2020 according to billionaire cryptocurrency investor Michael Novagratz, CEO, of Galaxy Digital.
Tyler Winklevoss Continues to Tout Bitcoin as Break past $40,000 Price Level Anticipated
Whether Bitcoin is experiencing a rainy day or not, Gemini co-founder Tyler Winklevoss will always be backing the mainstream cryptocurrency.
MicroStrategy May Sell Some of Its Bitcoins
In its latest earnings report, MicroStrategy said it may sell off some of its Bitcoin in the future.
Ninety Eight Launches $25M Ecosystem Fund to Boost Web3 Startups in Asia
Ninety Eight, transitioning from Coin98 Finance, has launched a $25M Ecosystem Fund to support Web3 startups in Asia, leveraging the Viction blockchain and $C98 token.
Top Latin American Crypto Exchange Bitso Enters Colombia
Bitso, one of Latin America's largest cryptocurrency exchanges, said it will enter the Colombian market, hiring former Mastercard executive Emilio Pardo as its new country manager.
Nium Pairs with Bitpay to Launch API-based Solution, Enhancing Crypto Payments for Business
Payments platform Nium has launched an API-based solution called "Crypto Accept", which aims to provide crypto payments to businesses around the world.
15% Indians Set Foot in the Crypto Space, KuCoin Study Shows
As of June 2022, the number of crypto investors in India had clocked 115 million, representing 15% of the nation’s population aged 18 to 60 years, according to a survey by crypto exchange KuCoin.
South Korean Bank, KB Kookmin, Shares Blockchain Strategy
KB Kookmin, a major South Korean bank, is planning to adopt blockchain technology into its internal processes.
Bitcoin Sentiment Soars to 76, Reflecting Extreme Market Greed
Bitcoin's market sentiment score hits 76, indicating extreme market greed, driven by expectations of SEC's decision on spot Bitcoin ETFs.
Is Bitcoin Getting Ready to Rebound in the Wake of Interest Rate Hikes?
Despite Bitcoin’s volatility sinking, this might indicate its quest to return to winning ways, according to Bloomberg analyst Mike McGlone.
Coinbase Announces Cash Tender Offer for $150 Million of 3.625% Senior Notes Due 2031
Coinbase has commenced a cash tender offer for up to $150M of its 3.625% Senior Notes due 2031, expiring on September 1, 2023.
Why Bitcoin Should Make Up 5% of Your Investment Portfolio, According to Fidelity
Fidelity Digital Assets makes the case for why Bitcoin should make up 5% of a given multi-asset investment portfolio.
Republic Capital to Raise $700m for Two Crypto-focused Funds
Investment platform Republic is raising $700 million for two new cryptocurrency funds, a $200 million flagship venture fund and a $500 million dedicated crypto fund, Axios reported.
Road to a US CBDC? Ex-CFTC Chairman Released Written Remarks on Digital Dollar in Davos 2020
Davos 2020 to host ex CFTC Chairman, J. Christopher Giancarlo, and his insights on the possibility of CBDC and its many advantages!
El Salvador’s Largest Bank Bancoagrícola Starts Offering Bitcoin Services to Customers
Bancoagrícola, the largest bank in El Salvador, has started allowing its customers and merchants to use Bitcoin for payments towards credit cards, loans, and merchant goods and services. The bank has partnered with digital payments gateway Flexa to enable such integration.
World Bank Pushes to Raise the Bar for FinTech and DLT for Cross-Border Interoperability and Financial Inclusion
The World Bank Group has recently published a study, issued by the Bank for International Settlements (BIS) on “Payment aspects of financial inclusion in the FinTech era,” highlighting the concepts derived using blockchain, including stablecoins, and central bank digital currencies (CBDCs).
Coinbase Will Go Public Via Direct Listing Not IPO
Coinbase has revealed that it plans to go public through a direct listing instead of a traditional Initial Public Offering (IPO).
Once Upon a Time in Blockchain: The Reinvention of Storytelling
Storytelling is a timeless craft. From early human art in caves around the world, to the complexity of Egyptian hieroglyphics, people have been crafting and telling stories for millennia. Now, blockchain has emerged as the next platform to create and tell stories on.
Crypto Exchange Blockchain.com Expected to Launch IPO This Year: Bloomberg
Cryptocurrency exchange Blockchain.com is expected to go public as soon as this year, according to Bloomberg.
$12M in Bitcoin Stolen from pNetwork DeFi Protocol
A vulnerability in pNetwork allowed the thief to run away with the funds. The DeFi network is now begging the hacker to return the money.
KuCoin Loses $150 Million Due to Security Breach But Compensation to Follow
KuCoin, a Singapore-based crypto exchange, has disclosed the suspicious withdrawal of large amounts of Bitcoin, ERC-20, and Ether.
Bitcoin Becoming Global Digital Collateral due to Russia-Ukraine War, says Analysts
Bloomberg’s Senior Commodity Strategist, Mike McGlone believes the Russia-Ukraine conflict “may mark another step in #Bitcoin's maturation toward becoming the global digital collateral.”
Solana Wallet Developer Cashmere Raises $3M in Seed Funding
Solana's enterprise wallet developer Cashmere announced on August 9 that it has raised $3 million in seed funding at a $30 million valuation.
Cardano Breaks Correlation with Bitcoin Price with Recent Partnership with Coinbase and Shelley Mainnet Launch
Cardano recently partnered with Coinbase Custody to allow ADA holders to stake and store their funds in a secure cold wallet. The launch is expected in Q4 of 2020, once the staking rewards on Cardano’s Shelley mainnet becomes available.
Crypto OTC Trading Platform B2C2 Launches New Bitcoin-Settled Gold Derivative
Cryptocurrency over-the-counter (OTC) trading platform B2C2 created the first gold derivative product, priced and settled in Bitcoin. B2C2 stated that the gold-bitcoin derivative would allow institutional clients to trade gold via its OTC trading operations regulated and licensed by the United Kingdom’s Financial Conduct Authority (FCA).
Kimchi premium refers to when the price of BTC cheaper
CryptoQuant data shows that South Korea's Kimchi premium has fallen again, fluctuating between -0.24 and 0.01 between Feb. 17 and 19.
May 18: Are leverage traders waking up from their bad dream on March 12?
A sea of green across crypto on Monday Asia morning with BTC recovering close to $10k again from its low on Friday at $9,150. This broad based rally includes some overshoots such as ETH, BSV and BCH all up 6% or more in the last 24 hours. Interesting headline over the weekend that could inflict some short-term pain: another mega $1bn crypto ponzi WoToken has been taken down by the Chinese police.
Citi Bank Launches "Digital Asset Group" for Developing Crypto Products
Citi group announced a "digital asset group" has been launched in its wealth management department for developing crypto-related products.
101 Azuki Purchaser 'LastKnight' is Adrian Cheng
Adrian Cheng has been revealed to be the mysterious "LastKnight," who bought 101 Azukis amidst ongoing controversy.
Trump Launches Limited Edition Digital Trading Cards on Bitcoin Ordinals
Donald Trump's latest NFT collection, minted as Bitcoin Ordinals, brings a unique collectible aspect to the digital trading card market. This integration into the Bitcoin blockchain ensures longevity and immutability, enhancing the value of these limited-edition collectibles.
DeFi Yield Protocol (DYP) Anticipates Metaverse Platform Launch with Listings on Coinbase, Huobi, and MEXC
DeFi Yield Protocol (DYP) announced listings on several industry-leading exchanges, including Coinbase, Huobi Global, and MEXC. This is just one of the many developments in the project’s fast-paced evolution, including its upcoming Metaverse platform, where users will get to interact with Cats and Watches Society (CAWS) NFTs. Moreover, DYP took center stage at Deep Forest Fest. During this prestigious music festival, DYPians had the great opportunity of meeting the team.
Moody warns of stablecoin adoption risk
Moody's Investors Service has warned that the recent turmoil in the traditional banking sector and USDC losing its peg could negatively impact stablecoin adoption and increase calls for regulation. The credit rating agency believes that fiat-backed stablecoins like USDC could face new resistance, limiting their stability and potentially causing a run on banks holding Circle's assets, which could lead to the depegging of other stablecoins.
Professional Investors Believe Crypto Will Become Mainstream, Study Says
A recent survey by London-based crypto hedge fund Nickel Digital Asset Management found that professional investors believe that digital assets will become mainstream in the future.
Bitcoin’s Volume Dominates Performance More than Volatility, Cumberland Suggests
Even though some analysts have stipulated that Bitcoin’s volatility is a cause for concern, crypto trading firm Cumberland believes volume is what matters the most.
SEC Lawsuits Target Multiple Tokens: DCG Founder Points Out Absence of PoW Cryptos
In an unfolding legal battle against two major cryptocurrency exchanges, Coinbase and Binance, the United States Securities and Exchange Commission (SEC) has declared various tokens as securities.
ChangeNOW Hits 250 Supported Crypto Assets
ChangeNOW announces that the overall number of assets supported by the exchange exceeded 250 after listing 27 tokens this summer.
Craig Wright's Settlement Offer in Bitcoin Litigation Sparks Debate Over Decentralization
Dr. Craig Wright, self-proclaimed Bitcoin creator, has offered a settlement to COPA in ongoing legal battles, raising questions about Bitcoin's decentralization and the future governance of the cryptocurrency.
New Bitcoin Lightning Network Vulnerability Exposed: The Replacement Cycling Attack
A new vulnerability termed as "replacement cycling attack" on the Lightning Network has been unveiled by a developer known as mononaut. The attack manipulates the transaction mechanism of the network, potentially causing financial loss to users. This revelation has led to the resignation of security researcher Antoine Riard from the Lightning Network development team. Despite the challenges, the network's locked-in value stands at $159.5 million, indicating its growing popularity since 2018.
400 Crypto.com Accounts Hacked, CEO Confirms Reimbursement for all Victims
According to a Bloomberg interview, Kris Marszalek, CEO of Crypto wallet provider and trading platform Crypto.com, said he would be more than willing to share information about Tuesday's hack if the regulator has any relevant inquiries.
Bitcoin 2019 Yearly Overview - Price Movements, Advancement and Adoption
The rise and fall of Bitcoin in 2019, with information on price. adoption and what 2020 could hold.
ZCash Celebrates First Halving, Unveils Canopy The Network's Fifth Upgrade
ZCash has undergone its first halving at block 1,046,400 and the event coincides with the network's fifth upgrade dubbed Canopy.
US Federal Reserve to Create Cryptocurrency Team Amid Concerns Over Unregulated Stablecoins
The US Federal Reserve is planning to establish a specialized team of experts to keep up with developments in the cryptocurrency industry, specifically focusing on stablecoins. The move comes amid concerns that unregulated stablecoins could put households, businesses, and the broader economy at risk. While acknowledging the transformative potential of cryptocurrencies, the Federal Reserve believes that appropriate guardrails need to be in place to ensure that the benefits of innovation can be realized.
Internet Computer to Integrate with Bitcoin and Ethereum by the End of 2022
Internet Computer has launched a roadmap for 2022, saying it will roll out the integration of Bitcoin and Ethereum by the end of 2022.
How Distributed Ledger Technology Can Help our Dying Planet Become a Greener Place
Industrialization and urbanization, the very things that have been adding so much to our countries, are now killing them. The World Health Organization says that at least 4.2 million people die each year because of air pollution.
Premier League Champion Manchester City Tokenizes its Players via Superbloke
It has been reported that the Premier League championship, Manchester city had signed South Korea’s Superbloke who is a sports game developer, to become the Club’s official blockchain-based gacha gaming partner in Korea, Japan and South-East Asia. Gacha games involve virtual currency.
Why is everyone going crazy over NFT?
Dmytro Volkov, CTO of the international cryptocurrency exchange CEX.IO, has over 15 years ’work experience in IT, including over 10 years in financial markets. He has optimized the technology and processes at the CEX.IO exchange, as well as the trading and analytics systems and integrations with external systems. Equally, he has created the CEX.IO Broker platform to trade derivatives, an author of trainings on financial and tech topics as well as a speaker at industry-wide conferences.
Brian Amstrong Sees Bitcoin as a Flight to Safety Asset in 5 -10 Yrs
Coinbase's Brian Armstrong foresees Bitcoin serving as a safe investment asset in about a decade
Binance To Terminate Chinese Yuan Transactions after China's Strong Encryption Ban
Binance announced today that it will terminate C2C Chinese Yuan trading before the end of this year. The action is considered a backlash in response to China’s latest crypto ban.
Abu Dhabi to Host Inaugural Middle East Blockchain Awards
The first edition of the Middle East Blockchain Awards will be held in Abu Dhabi in November 2022, to recognise and reward outstanding efforts within the fields of blockchain and Web 3.0 innovations. Hoko Agency Middle East will host the Awards, in association with Abu Dhabi Global Market's flagship platform, Abu Dhabi Finance Week; and the Middle East, Africa and Asia Crypto and Blockchain Association (MEAACBA).
Ethereum (ETH) and Polkadot (DOT) Lead The New Year Crypto Bull Run
With the recent price surges seen in the market, Ethereum and Polkadot take the lead among the top ten cryptocurrencies by market cap.
Growth of Blockchain Market will Reach $67.4B by 2026: MarketsandMarket Report
MarketsandMarkets, a revenue impact and advisory firm, released a new market research report on July 4, stating that the market global trend is witnessing the growing popularity of cryptocurrencies.
Kazakhstan Energy Ministry Cracks Down on Illegal PoW Mining
The Committee for Nuclear and Energy Supervision and Control of the Ministry of Energy of the Republic of Kazakhstan has taken a more aggressive approach to curb PoW mining in the country.
Virgin Galactic CEO Rejects Coronavirus Bitcoin Bull Theory as “Idiotic”
Virgin Galactic CEO, Chamath Palihapitiya has dismissed the notion that the disruption to traditional markets caused by the coronavirus will serve as the catalyst for a major Bitcoin and cryptocurrency bull run.
Token Taxonomy Act that Will Exempt Cryptocurrencies from Securities Laws Reintroduced in US Congress
A crypto bill suggesting that certain cryptocurrencies should be exempted from securities laws has been reintroduced to US Congress for review.
Tether's $1 Billion USDT Minting Stirs Debate: Inventory Replenishment or Market Manipulation?
Tether's recent billion-dollar minting for inventory replenishment has sparked debates on transparency, impact, and potential market influences, despite significant growth.
Hong Kong Experienced Crypto Break Out Year in 2021: Gemini Report
Hong Kong experienced a break out year for crypto investing in 2021 and currently, the city has a 24% adoption rate in crypto investors, according to a report by global cryptocurrency exchange Gemini.
Mercedes Benz To Launch A Blockchain-Based Carbon Emission Tracker
German automobile manufacturing company, Mercedes-Benz reported that they are working on an automobile blockchain gas emission tracker.
Bitcoin Miner CleanSpark Acquires 36 MW Facility, 3,400 Antminers for $25M
CleanSpark made the acquisitions to expand its operating presence while maintaining cost-effective production rates.
Coinbase to Launch 2nd Crypto Derivatives Product-Nano Ether Futures for Retail Brokers
Coinbase Derivatives Exchange (formerly FairX) will launch its second crypto derivatives product, Nano Ether Futures Contracts (ET) on August 29.
Bakkt Bitcoin Futures Reach an All-Time High, BTC Traders Eye Federal Reserve Economic Projections
Bakkt, backed by the Intercontinental Exchange has reported a new record high of daily trading volumes in its physically-settled Bitcoin futures contracts.
Grayscale Offshoot GDLC Becomes an SEC Reporting Outfit
An offshoot of Grayscale, the Grayscale Digital Large Cap Fund is now an SEC reporting outfit, per the firm's latest announcement.
Open Interest in Bitcoin Futures Extends Gains, Nearing All-time High Reaching Over $5 Billion
According to data published by Bybt cryptocurrency futures and information platform, the current Open Interest in Bitcoin futures contracts has hit $5.35 billion.
Bitcoin Price Model Suggests BTC to Reach $200,000 by the End of 2021 Despite Recent Dump
However, upon attempting to reach $20,000 again, Bitcoin was rejected and has plunged below $19,000, and is currently trading at $18,581.
Bittrex Leverages Chainalysis KYT Tool to Enhance Security and Regulation Compliance
Cryptocurrency exchange Bittrex will use Chainalysis Know Your Transaction (KYT) to meet new and existing regulatory and compliance standards, and establish a safer, more secure platform for their users.
Crypto Miners in Texas Halted Due to Extreme Heat
Many crypto miners have shut down operations due to a heatwave in Texas.
Global Crypto Market Cap Sees a Flash Surge Above $2T on Altcoin's Gains
The global crypto market cap recorded a $2 trillion market cap for the first time since May.
Singapore’s Central Bank Raises Alarm About a Bitcoin Scam
Singapore’s Central Bank enlightens the public about a Bitcoin Scam with a supposed initiative known as Bitcoin Loophole where investors’ trades are run.
RCMP Requests Exchanges to Stop Trading with 34 Crypto Wallets, amid the Freedom Convoy Protest
The Financial Post has confirmed that the Royal Canadian Mounted Police has asked several Canadian cryptocurrency exchanges to block transactions on 34 crypto wallets related to the truckers’ “Freedom Fleet” protest.
Binance to Convert Users’ USDC Into Its Own Stablecoin
Binance said the move aims to improve liquidity and capital efficiency for customers.
Police Search of South Korean Coinbit Crypto Exchange Finds 99% Trade Volume Manipulation
Coinbit, the third-largest crypto exchange in South Korea, has found itself in trouble with the authorities for alleged arbitrage manipulation of the transaction volume.
Bitcoin Price Hits Another All-Time High Over $29,000 and Quadrupled In Value in 2020
On the last day of 2020, Bitcoin jumped to a new record high of above $29,000, after the cryptocurrency quadrupled in value during 2020.
Neuberger Berman Wins SEC Approval to Invest 5% Commodities Fund in Bitcoin Futures
Neuberger Berman has announced that its commodities fund can invest in Bitcoin futures and Bitcoin exchange-traded funds.
Bitcoin Needs to be Consolidated at $35K Level, Analysts predict
Bitcoin was up by 1.78% in the last 24 hours to hit 35,215 during intraday trading. Is a breakout in the BTC market is imminent?
THORChain (RUNE) Price Soars After Multicoin Capital’s Heavy Investment
Multicoin Capital has made an unusual move by betting big on THORChain (RUNE), a digital currency that is not widely acclaimed like BTC
IT Firm Globant Purchases Bitcoin for $500K as the Latest Institutional Investor in BTC market
Globant becomes the latest major company to invest a total of $500,000 in Bitcoin in the first quarter of 2021.
Security Token Market Launches 1st Tokenized Crowdfunding Campaign
Global leader of media and data for tokenized assets Security Token Market (STM) launches the first tokenized crowdfunding campaign that supports Web3 governance.
Bitcoin Lightning Network Goes Parabolic after Hitting ATH Capacity of 2,738 BTC
The Bitcoin lightning network has been experiencing an uptick, given that its capacity recently reached a record high of 2,738 BTC.
McAfee Admits 2020 Bitcoin Million Dollar Price Prediction Was a Ruse
John McAfee, creator of the McAfee cybersecurity company has finally admitted that his famous 2020 million dollar Bitcoin price prediction, to which he staked his sex organ, was just a ruse to attract new users.
Bitcoin Surge Driven by Spot Buyers, says Moskovski Capital CEO
Lex Moskovski, the CEO of Moskovski Capital, has disclosed that spot buyers are fuelling the present BTC uptrend, which is bullish.
Ethereum’s Launch Ready for Take-Off as Deposit Contract Target Met, ETH Price Smashes $600
Ethereum 2.0’s launch is going to happen on December 1 at 12 pm, as the required number of staked Ether for the deposit contract was locked in late last night.
Expert's Take: What to Expect in 2020 for the Crypto Ecosystem?
A review of 2019 and what to expect for 2020. A startup advisor and investor standpoint.
Paytm CEO Doubles Down on Crypto, Says it Will Go Mainstream in 5 Years
Paytm's founder and Chief Executive Officer Vijay Shekhar Sharma has doubled down on his trust in crypto’s ability to go mainstream in the next 5 years.
Grayscale Pairs with Coindesk Index to Launch DeFi Fund and Index
Grayscale Investments has made a move to launch a new DeFi fund and index with Coindesk Index. Grayscale said that the new DeFi fund would give investors the ability to invest in the DeFi protocol.
Nasdaq-Listed FTFT Group Launches Crypto Data Aggregation Platform
Nasdaq-listed Future Fintech Group (FTFT Group) has announced that one of its subsidiaries, FTFT Capital Investments LLC, has launched its comprehensive digital currency market data aggregation website- ftftx.com.
Bitcoin Miner Compass Mining Establishes 75 MW Hosting Partnership with Compute North
Compass Mining, a Bitcoin mining hosting and brokerage services firm based in Delaware, US, announced the completion of a partnership with colocation provider Compute North to secure at least 75 megawatts (MW) of energy capacity for its TIER 0™ data center in Granbury, Texas.
Crypto Exchange BKEX Halts Withdrawals Amid Money Laundering Investigation
In a surprise announcement on May 29, 2023, BKEX, one of the major cryptocurrency exchanges, has temporarily suspended user withdrawals due to alleged involvement in money laundering activities.
US Authorities Uncover Chinese-linked Bitcoin Mining Operations
US authorities have identified a significant number of Chinese-linked Bitcoin mining operations across the United States, sparking national security concerns. Published by The New York Times on October 13, the report highlights the close proximity of some of these operations to critical military and infrastructure sites. Amidst escalating US-China political tensions, the surge in Chinese Bitcoin mining operations in the US, coupled with their substantial energy consumption, poses critical questions regarding cybersecurity, energy sustainability, and geopolitical dynamics.
Brazil's Digital Banking Platform Nu Holdings Adds 5.7m new customers in Q2
Nu Holdings has added 5.7 million new customers in the second quarter of 2022. The Brazilian digital banking unicorn now has 65.3 million people and businesses using its services.
IBM Opens Quantum Computation Center in New York
On September 18th, IBM announced the opening of the IBM Quantum Computation Center in New York State which will house the world's largest fleet of quantum computing systems for commercial and research activity that exist outside of an experimental lab environment.
Bitcoin is Superior to Cash, says MicroStrategy Chief Executive Following $250 Million Investment
MicroStrategy Chief Executive Michael Saylor said Bitcoin is superior to cash after the Nasdaq-listed data analytics firm sent shockwaves through the cryptocurrency world with a $250 million inflation hedge investment into Bitcoin.
AdvisorShares Files for US Bitcoin Futures ETF
AdvisorShares investment manager becomes the latest firm to file an application for a Bitcoin futures ETF.
South Korean prosecutors trace millions in illicit funds tied to Terra co-founder
South Korean prosecutors have identified $314.2 million in illicit assets linked to Do Kwon and Terraform Labs. Kwon reportedly converted most of the funds into Bitcoin using overseas exchanges, making it difficult for the authorities to recover the assets. Terra experienced a $40 billion collapse in May 2022 due to fraud, with Kwon at the epicenter. Kwon was recently caught by authorities in Montenegro after evading arrest for nearly a year.
The amount of ETH burned will continue to increase as transaction fees are burned
Since September 2022, traders have started withdrawing ETH from exchanges.
Bitcoin Hits Two-Week High But Traders Are Not Convinced of The Hype
Despite Bitcoin rebounding above $58.4K, traders are not buying into the hype, according to on-chain metrics provider Santiment.
Bitcoin Investors Who Bought the 2017 Top are Not Selling, as BTC Holders Continue to Accumulate
After Bitcoin recorded a new all-time high, its price has dropped around $1,000 within a day, and has seen recovering on Jan 12.
German Banks Authorized for Crypto Custody and Sales in 2020
In 2020, German banks will be legislatively authorized to sell and provide custody of cryptocurrencies as reported by German newspaper Handelsblatt.
Bitcoin Price Rises But Altcoins Struggle to get Liberated from the Bears
Bitcoin is seeing recoveries following a revelation of a $170 million purchase from Square Inc with some altcoins following while others struggle/
Crypto Investment Products, Funds Sees Net Outflows for 2nd Straight Week
Digital asset manager CoinShares stated that crypto investment products and funds saw net outflows for a second straight week, according to Reuters.
Crypto Market Resurgence: Two Altcoins Promising a Better Week Ahead
With weekends often characterized by bearish events, the ongoing upsurge could be evidence of a better week ahead. Should these projections be true, Ethereum and ApeCoin are the two altcoins that are likely to fuel this growth
Will Bitcoin Survive? IMF Predicts Worst Economy Since "Great Depression" in Aftermath of COVID-19 Global Lockdown
The International Monetary Fund (IMF) has released its quarterly World Economic Outlook for 2020 which paints a bleak picture on how the disruptive economic effects of the COVID-19 virus global quarantine measures, dubbed the ‘Great Lockdown’, will continue to cripple the markets long after the pandemic ends.
Stellar (XLM) trading is now available on the Kinesis Exchange
XLM, the 10th cryptocurrency listed, is now available to Kinesis users. XLM will be paired against 8 fiat pairs, including USD, GBP and EUR, as well as Kinesis' native stable coins based on physical gold (KAU) and silver (KAG) - enabling greater accessibility to the platform for cryptocurrency traders and investors.
Stablecoins to be Issued by Licensed Banks and Trust Companies in New Japanese Law
In a move to protect investors, Japan’s parliament has passed a bill classifying stablecoins as digital money that must be connected to the nation’s currency, yen, or another legal tender.
Ethereum (ETH) and Ripple (XRP) Price Analysis
Price analysis for Ethereum and XRP amidst the ongoing crypto rallies
SEC Cybersecurity Breach: Investigating the Fallout and Future Measures
The SEC's recent cybersecurity breach, involving an unauthorized post on its X (formerly Twitter) account about a Bitcoin ETF, underscores the need for robust cybersecurity measures. The SEC is actively investigating the incident, highlighting the broader implications for security practices in social media and government agencies.
Bitcoin Bulls Should Gear Up, SEBA CEO Predicts $75K ATH in 2022
Guido Buehler, the Chief Executive Officer of crypto-focused Swiss-based SEBA Bank is optimistic the digital currency will grow to a new ATH of $75,000 this year.
Metaverse will be a Trillion-dollar Market in Future: Grayscale
Cryptocurrency investment giant Grayscale released a report on Thursday stating that by 2025, the revenue of the virtual gaming world may grow to $400 billion.
Exclusive: Bitcoin - The Killer App in Africa and Latin America?
We are glad to have an in-depth interview with Ray, CEO of Paxful on Paxful’s strategies into Africa and Latin America. He also explained the biggest challenge in driving Bitcoin adoption: how to deal with scammers!
Bitcoin Makes Two Back-to-Back Weekly Closes Above 200-Week MA
Bitcoin has closed above the 200-week moving average (WMA) for two consecutive weeks, according to market analyst Ali Martinez.
Coinbase Hires Former Snapchat Indian Executive to Lead Emerging Markets Business
Coinbase has been beefing up a team focusing on emerging markets in other areas of the globe.
Gemini co-founder: Crypto's next bull run will start in Asia
Last October, former BitMEX CEO Arthur Hayes and Gemini co-founder Cameron Winklevoss predicted that Asia will lead the next bull run.
Acorns to Start Offering Customers Access to Bitcoin via ProShares ETF
Acorns is preparing to launch access to an ETF that enables users to own Bitcoin, without investing in the underlying asset.
Tron's Justin Sun Acquires 4145 BTC for $152.8M
Justin Sun has acquired 4145 Bitcoin with $152,818,183 at an average price of $36,868.
Norway's Financial Regulator Seeks Legal and Investor Protection for Crypto Consumers
The Norwegian Financial regulator intends to strengthen supervision by protecting investors of crypto consumers.
Kinesis Money Launches Virtual Crypto Card
Kinesis Money, the digital asset utility platform, launched the Kinesis Virtual Card, enabling the global community to spend their crypto holdings in real-time, with instant fiat conversion, anywhere in the world.
Season 3 of The TRON Grand Hackathon: Get Ready for the #HackaTRON
TRON DAO and BitTorrent Chain (BTTC) are excited to announce Season 3 of the TRON Grand Hackathon 2022. This season is focused on expanding upon the success of Season 2, when we had over 1800 participants with over 200 projects. We intend on keeping that momentum moving forward.
Thai Cafe Welcomes Traders to Offer Crypto Advice
A cafe in the northeastern of Thailand has become popular with cryptocurrency traders, this restaurant now welcomes people to offer advice to the industry.
PayPal to Enable Customers to Pay with Crypto at 29 Million Merchants Worldwide
PayPal has announced a new feature that allows its customers to spend their cryptocurrencies at checkouts at millions of its merchants worldwide.
Bitcoin Price Just Crashed Below $10,000—Here's Why and What's Next
The Bitcoin price just declined below $10,000 for the first time since it surged above 10,000 on July 27.
FTX Ventures Forms Strategic Partnership with Banking app Dave, Invests $100m
West Realm Shires Services, Inc., the U.S.-based owner and operator of the FTX crypto exchange, has invested $100 million in a strategic partnership with banking app Dave.
Ripple (XRP) Price to Skyrocket and “Completely Annihilate” Every Other Altcoin, says Analyst
The demand for Ripple’s cryptocurrency, XRP is set to skyrocket as the US regulation of cryptocurrencies are clarified. Ripple currently relies on the power of the ISO20022 standardization within RippleNet.
Okcoin Halts U.S. Dollar Deposits After Signature Bank Shutdown
Okcoin has paused its U.S. dollar wire and ACH deposits due to the regulatory intervention in Signature Bank, Okcoin’s primary partner for customer transactions in dollars. The suspension extends to over-the-counter services, credit card transactions, and trading USD-crypto trading pairs. However, all corporate and customer funds are safe, and USD withdrawal is not affected. The processing pace will be subject to bank operation. All crypto deposit and withdrawal functions remain intact, including those of U.S. dollar-pegged stablecoins.
Polygon Collaborates with Virtua To Boost Its NFT Ecosystem
With this collaboration, Virtua users can now benefit from Polygon’s reduced gas fees, faster transactions, and minimal environmental impact.
CABEI Offers Assistance to Support El Salvador’s Bitcoin Adoption
The Central American Bank for Economic Integration (CABEI) disclosed that the institution would offer assistance to El Salvador to enable Bitcoin as flat money.
Tether's Plan ₿ Collaborates with FC Lugano to accelerate Bitcoin Adoption
Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.
NEXT BLOCK Asia 2.0 Revisits Bangkok; Ends with GURUS Influencer Awards
NEXT BLOCK Asia 2.0 Revisits Bangkok; Ends with GURUS Influencer Awards
Voyager Digital Sells Assets via Coinbase Amid Bankruptcy
Voyager Digital, the CeFi platform that filed for Chapter 11 bankruptcy, has reportedly sold assets through Coinbase and received at least $100 million in USDC. The company has sent daily crypto transfers to Coinbase, with holdings of nearly $530 million in crypto, including Ether and Shiba Inu. The US SEC has objected to Binance.US acquiring over $1 billion of Voyager's assets.
Ethereum’s Bullish Momentum Has Been Sparked by Increased Utility
Ethereum (ETH) recently broke the record by surging to the $4,400 level as this network continues to gain steam based on increased utility.
The Judge Decides Celsius Owns Money In Earn Accounts, Allowing Stablecoin Selling
On January 4, Reuters reported that US investigators had told a court that they were taking assets tied to FTX and its former CEO, Sam Bankman-Fried. The document included 468 million dollars' worth of Robinhood shares, valued 56 million at the time. The report was released a day after a court ordered SBF to stop accessing FTX and Alameda-related bitcoin and assets.
Danish FSA Orders Saxo Bank to Divest Crypto Holdings, Indicating Tightening Regulation
The Danish Financial Supervisory Authority (Finanstilsynet) on July 4, 2023, issued a directive to Saxo Bank, instructing the financial institution to divest its holdings in cryptoassets. This move is based on the current legal framework, which prohibits banks from trading cryptoassets for their own account.
WAHED Coin to Launch on LBank Exchange on December 5
WAHED Coin, the native cryptocurrency of the WAHED ecosystem, is to be listed on LBank on December 5. The asset powers a growing array of features within WAHED’s next-generation investment hub.
Jasmy Coin Price Analysis 2023: Breakout, Challenges, and Predictions for a Bull Run
Jasmy Coin breaks above the downside trend line, but facing resistance at the 99-day MA.
Calibra Head David Marcus Declares Libra as the Most Secure Payment Network
David Marcus, Head of Calibra, the digital wallet for Facebook’s Libra stablecoin explained at Money 20/20 conference in Las Vegas about how the network aims to transform the traditional payments industry.
Bitcoin Is at a Critical Point on The Adoption Curve, Says On-Chain Analyst
Cole Garner, an on-chain analyst, has disclosed that BTC is at a critical inflection point in its adoption journey as institutional investors step in.
Dragonfly Fintech Wins G20 TechSprint CBDC Challenge
The Bank for International Settlements (BIS) Innovation Hub and Bank Indonesia under the Indonesian G20 Presidency announced the winners of their jointly organized G20 TechSprint competition last week during a live award ceremony in Jakarta. This third edition of the TechSprint aims to catalyze the development of central bank digital currency (CBDC). Twenty-one finalists from more than 100 applicants worldwide developed and submitted innovative best-in-class CBDC solutions.
Crypto Assets Conference 2023 (CAC23A) | March 29 to March 30, 2023 | Frankfurt School of Finance & Management
As crypto jargon makes its way into everyday business, Bitcoin and Ethereum disrupt the traditional understanding of currencies and the use of DeFi in traditional banking is increasingly inevitable - the world of digital assets evolves and matures in unprecedented style. With Web3 having the ability to revolutionize how society interacts and tokenization transforming the concept of ownership, blockchain technology has more use cases than ever before. Increasingly, established industries adapt to these use cases and a future without digital assets becomes unthinkable.
SEC Chair Gensler Open to Lawful Revival of FTX
SEC Chair Gary Gensler emphasizes regulatory standards as FTX considers legal and compliant return, following founder Sam Bankman-Fried's conviction, marking a pivotal moment in crypto regulation.
Bitcoin Price Plummets After Bitmex Starts BTC Double Spend Rumor, Grayscale Buys the Dip
BitMex Research incorrectly identified a double spend of around $21 in Bitcoin. The BTC price fell to a low of $28,953.37 and Grayscale Investment bought up $1.2 billion worth.
Former Ripple Partner MoneyGram Allows Customers to Sell and Purchase Cryptocurrency at 20,000 US Locations
MoneyGram has partnered with Coinme to let customers buy cryptocurrency and withdraw it from physical locations in the United States.
Bitcoin Market Shaken as Dormant Whale Moves $67M Worth of BTC after 14 Years
A dormant Bitcoin whale has transferred 1,000 BTC to Coinbase after 14 years, a move that may have influenced the recent dip in the cryptocurrency market.
Credit Giant MasterCard Grants Wirex First Principal Membership License
Wirex has become the first native cryptocurrency platform to be granted a principal membership license from credit giant Mastercard as part of their accelerated expansion into digital assets.
Fidelity to Offer Crypto Trading to Retail Customers
The potential launch would come after Fidelity enabled its corporate clients in April to add the world's largest cryptocurrency to their managed 401(k) retirement plans.
Venezuelans Will Love Bitcoin Even More with 10,000,000% Inflation
Bitcoin's trading volume has set a record high in Venezuela, thanks to the 10,000,000% inflation rate in 2019.
Our Happy Company's NFT Platform OurSong Integrates with Circle
Web3 infrastructure platform Our Happy Company launched its social NFT platform OurSong and integrated with the issuer of stablecoin USD Coin (USDC) Circle.
Ripple CEO Disagrees with Coinbase CEO's Apolitical Work Policy, Considers Relocating Overseas
Coinbase CEO Brian Armstrong has banned political discussions in the crypto work environment, a move that Ripple CEO Brad Garlinghouse disagrees with.
Crypto Powerhouse Binance Returns to China with an "Education-First" Blockchain Approach
Cryptocurrency exchange Binance, famously exiled by China in early-2018 and later set up in Malta, is moving back to the country, choosing a blockchain-centric strategy over crypto.
Luna Trading Draws Online Discussions in China Despite Crypto Ban
Despite being banned in China, cryptocurrency is gaining attraction in the country as the value of some of the world’s most prevailing digital currencies and Non-fungible tokens (NFTs) has increased.
Republican Senator Cynthia Lummis Bought Bitcoin for Value Store and Censorship Resistance
Republican Senator Cynthia Lummis is now bullish on Bitcoin, promises to educate her colleagues in Congress on Bitcoin, Financial innovation
Taiwan Musician Jay Chou Enters the Metaverse NFT Market, Earning Nearly $10M
Taiwanese pop singer and musician Jay Chou has ventured into the meta-universe, earning nearly $10 million.
One Million Bitcoin Held By Dark Web Marketplaces and Cybercriminals, Chainalysis Data
Data from Chainalysis reveals that almost one million Bitcoin is circulating on the dark web between bad actors and illicit darknet markets.
Gitcoin and Shell Partner to Leverage Blockchain for Climate Solutions
Gitcoin collaborates with Shell to incentivize renewable energy adoption using blockchain. The partnership includes funding for Climate Solutions rounds and a Q4 hackathon.
Bitcoin Hits a New All-Time High Above $64,000, How High Will BTC Surge?
Bitcoin has hit a $64,717 ATH, fueled by Coinbase's IPO and the growing number ETF applications. The next stop for BTC could be $70,000.
Crypto Open Interest and Trade Volume Reach Levels since March
Open interest and trade volume in the crypto market have increased based on the latest surge in prices.
FXCM Managing Director: Bitcoin or Forex? Customers Just Want to Trade What is Moving
FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services. Founded in 1999, the company's stated mission is to provide global traders with access to the world.
Losing Access to your Crypto Wallet: Dangers and How to Not Lose your Funds?
Dmytro Volkov is the CTO at CEX.IO. He optimized the technology and processes at the exchange, as well as the trading and analytics systems and integrations with external systems. Created the CEX.IO Broker platform to trade derivatives. Also, he has over 15 years’ work experience in IT, including over 10 years in the financial market, and is an author of trainings on financial and tech topics.
InvestHK’s first virtual StartmeupHK Festival intrigues, surprises and succeeds
Hong Kong’s annual StartmeupHK Festival, the startup showpiece organised by Invest Hong Kong (InvestHK), ended July 10 after a record-breaking week that more than lived up to a common underlying theme apparent in each of the sector events and activities: innovation and problem solving as the driving force for startups.
Human Rights Advocates Urge U.S. Lawmakers to Concern Crypto, Saving Crumbling Currencies
A group of human rights advocates have urged U.S. Congress members to be concerned about the role of importance of cryptocurrencies against unstable economies whose local currencies are collapsing.
European Union Parliament Considers Petition for Crypto Fraud Victims Fund
European Union Parliament is considering a petition from a consortium of individuals and companies to establish a restitution fund for victims of crypto-fraud.
Former Blockstream Executive Samson Mow Raises $21m for Bitcoin Startup JAN3
Samson Mow said that the new firm will support his nation-state's Bitcoin adoption initiatives.
JPMorgan CEO Admits He Does Not Care About Bitcoin But Foresees 10 Times Growth in 5 years
JPMorgan’s Chief Executive Officer, Jamie Dimon admitted that he does not care about Bitcoin but believes in a 10x growth in 5 years.
Starfish Finance Proposes DeFi-NFT Convergence on Polkadot
Starfish Finance, the DeFi project running on Astar Network, has shared its vision of how NFTs and decentralized finance will coalesce on Polkadot. The community-driven project predicts the worlds of DeFi and NFTs will eventually fuse and form a brighter star, with Starfish Finance ($SEAN) serving as the fortress that hosts this union.
Bitcoin’s Average Trader Monthly Swings Back to Sink for the First Time Since July
After recording a 10% daily loss on September 8, BTC traders’ monthly returns slumped.
Blockchain-Based Ride Hailer Tada Closes $5m Series A
MVLLabs, the Singapore-based startup, has raised $5 million in a Series A round.
US Government to Sell Seized Silk Road Bitcoin
The US government plans to liquidate over 41,000 Bitcoin seized in the case against Silk Road creator Ross Ulbricht. The Bitcoin is expected to be sold in four more batches over the course of the year.
Mastercard Will Support Direct Cryptocurrency Payments on its Network this Year
Mastercard Inc has disclosed that preparations are underway to start supporting some cryptocurrencies directly on its network by the end of the year.
OKEx Partners with Shrimpy to Foster Crypto Portfolio Automation
OKEx cryptocurrency exchange and Shrimpy, a crypto exchange trading bot for portfolio management and market indexing, agree on a strategic partnership to foster crypto portfolio automation tools among crypto traders.
90% of Total Supply of Bitcoins Mined, Robust Supply Shock Might be Inevitable
With a 21 million cap, 90% of Bitcoin’s total supply has already been mined, given that the coins in circulation stand at 18.89 million.
Japan’s SoftBank leads $200 million investment in Brazil’s Mercado Bitcoin
Japan SoftBank recently invested $200 million into the Mercado Bitcoin crypto exchange in Brazil, which is considered the largest raised through a Series B funding round in Latin America’s history.
Jim Cramer Says it is Still Not Too Late to Invest in Bitcoin as BTC Price Surges Toward $20,000
In his Twitter post On Nov. 24, Cramer stated that he thinks that it is not too late to invest in Bitcoin, despite the crypto rallying to new highs.
IEOs are Overhyped? Research Shows That Most IEO Projects are not Profitable
Replacing ICO’s is the IEO business model, although a report by Blockshow Capital suggests that it may not be the most profitable investment. In retrospect, Binance has proven to be the best platform to yield profitable returns.
Fluffypony, the Master behind Monero Steps Down after 5 Years of Leadership
The Lead Maintainer of Monero, Riccardo Fluffypony Spagni, is to step down his position and take a more backup role. Snipa will become the new leader of Monero after Spagni's resignation.
US Regulators Overreach to Protect US Dollar Supremacy with TON Decision, Will Bitcoin be next?
If the last two years have revealed anything about our global monetary system, it is that the US Federal Reserve and President Donald Trump really do not want a competitor to the US Dollar.
Accounting Firm Wolf & Company Pairs with Bitpay to Accept Crypto Payments
Leading regional CPA firm providing insightful financial accounting and audit services Wolf & Company partners with cryptocurrency payment processor BitPay to accept cryptocurrency payments
Ripple CEO Brad Garlingouse Speaks Against Bitcoin 'Tribalism'
Ripple CEO Brad Garlinghouse believes the culture of “tribalism” in which some people support only one digital asset is dragging the growth of the cryptocurrency industry.
Aave Announces the Launch of Its V2 Liquidity Mining Program
Aave announced the launch of the V2 liquidity mining (LM) program, which will operate for three months for analysis and end on July 15.
Terminating Fake News with Blockchain
What's real and what's fake in the media world is increasingly difficult to discern. The war against fake news rages on, but there is one new weapon in the arsenal against misinformation: Blockchain
Grayscale Investments Parent Company DCG Invests $100 Million Into Bitcoin Mining
Grayscale parent company DCG has announced its entry into Bitcoin mining.
Unchained Forms Strategic Alliance with Bakkt to Enhance Bitcoin Custody Network
Unchained and Bakkt have partnered to enhance their Collaborative Custody Network, enhancing their capacity to secure over $3 billion in bitcoin assets.
Declining trend in physical crypto ATMs
The number of physical cryptocurrency ATMs is declining, with 3,627 removed in March 2023, according to Coin ATM Radar. The trend of increasing installations is reversing, with the highest number of machines installed in a single month being 2,048 in January 2021. The three-month-long downtrend was broken in April with 37 installations. General Bytes, BitAccess, and Genesis Coin are the current market leaders in manufacturing crypto ATMs. General Bytes faced a security incident in March and promised to reimburse customer losses.
Warren Buffett Changes Attitude on Gold, Not Bitcoin Reminds Peter Schiff
Warren Buffett now started to buy bitcoin, reminding us of the days when he said he would never invest in Bitcoin.
Litecoin And Atari Bring the Highly Anticipated Atari Token to The Market
US videogame producer Atari has partnered with Litecoin to facilitate cryptocurrency usage and payments across its gaming ecosystem.
U.S. sanctions: Customers suing Compass Mining
Compass Mining customers are suing for $2 million for fraud. The firm terminated connections with Russian hosting provider Bit River and didn't restore clients' Bitcoin machines. It cut connections with Bit River over non-applicable US sanctions.
Funding for Crypto Startups Falls to One-Year Low
Digital currencies, public stocks and venture capital backing crypto startups have finally cooled down after massive growth due to the effects of an economic storm, according to Bloomberg.
Hut 8 Mining Corporation Ramps Up Fight Against Power Supplier
Hut 8 Mining sued Ontario over power supply to a newly built crypto mining plant.
SAP and Infosys Join Forces to Accelerate Enterprise Digital Transformation Projects
Infosys and SAP are in talks to create a joint go-to-market engagement model between project Embrace from SAP and Infosys' Innov8 program. The joint engagement model is intended to help companies accelerate their digital transformation based on SAP S/4HANA® to build intelligent enterprises.
ACC Sues Meta Alleging Scam Crypto Ads
Australia’s competition watchdog sued Meta Friday, alleging scam advertisement of cryptocurrency investments by asking local celebrities to promote them on its social media platform.
Crypto Market Cap Soars Above $2 Trillion
Bitcoin's dominance in the crypto market is reducing, giving room for altcoins to chart their own growth path.
Ethereum's Vitalik Buterin Discusses ETH 2.0 Progress and Bitcoin-Ethereum Debate
On Peter McCormack's talk show, Ethereum co-founder Vitalik Buterin discussed the challenges faced by Ethereum 2.0 and the debate between Bitcoin and Ethereum.
El Salvador Embraces Virtual Currency Era, Nayib Bukele: Just Bought 200 New Bitcoins
Central American nation El Salvador officially adopts Bitcoin as legal tender Tuesday, becoming the first country to embrace Bitcoin as another circulating fiat currency alongside the US dollar.
Looking into Fake Press Release on Bitcoin Cash Partnership: Ohio’s Kroger
Kroger has announced that it is looking into how fake news announced a partnership between the US major retail company and Bitcoin Cash cryptocurrency.
TrustSwap's SmartLocks Service Locked Up Four Times More than Bitcoin LN
TrustSwap, a DeFi platform dedicated to enabling the execution of timed token purchases, recently announced that its SmartLocks service has officially locked over four times more value than the Bitcoin Lightning Network. While this is a major achievement on its own, it is only one of TrustSwap's many different services and it shows the potential that the project has to dominate the DeFi sector.
China’s Central Bank Accelerates R&D of its Legal Digital Currency
People's Bank of China, the Central Bank of China made an announcement of the acceleration of the development of its legal digital currency.
JPMorgan CEO Jamie Dimon Loves Blockchain but says Bitcoin Still Not His "Cup of Tea"
While JPMorgan CEO Jamie Dimon has expressed his thoughts on the critical value of blockchain technology, he is still not interested in Bitcoin as a hedge investment.
Bank of America Predicts U.S. CBDC Rollout between 2025 and 2030
The Bank of America Corp. said that the US is likely to issue its own digital currency between 2025 and 2030, Bloomberg reported.
MicroStrategy CEO Michael Saylor says Bitcoin is an Idea Whose Time Has Come
Michael Saylor is bullish on Bitcoin, saying the cryptocurrency is an idea whose time has come.
World's Largest Electronics Marketplace Hong Kong Electronics Fair (Autumn Edition) and electronicAsia Open in October
30 August 2019 – The 39th HKTDC Hong Kong Electronics Fair (Autumn Edition) and 23rd electronicAsia will be held concurrently at the Hong Kong Convention and Exhibition Centre from 13-16 October 2019. The two fairs will gather around 4,300 exhibitors from across the globe, showcasing a wide variety of intelligent products, innovative start-up ideas and electronic components.
Bitcoin Realized Capitalization Hits ATH Amid the Fear and Greed Index, Jumping to Neutral Grounds
Bitcoin realized capitalization has been on an upward trajectory after hitting a record high.
Medical Blockchain LEMONCHAIN Token to List on MEXC Crypto Exchange
On April 20, the native token LEMC of LEMONCHAIN Ltd., a project in the medical blockchain industry, announced its listing on the LEMONCHAIN cryptocurrency platform.
BlackRock iShares Bitcoin Trust (IBIT) Sees Zero Inflows, Ending 71-Day Streak
BlackRock's iShares Bitcoin Trust (IBIT) has experienced a significant shift in investor sentiment, with zero inflows recorded for the first time since the introduction of Bitcoin ETFs in the US. This marks the end of a 71-day streak during which the ETF consistently attracted millions of dollars in daily investments. While other Bitcoin ETFs also experienced a slowdown in inflows, Fidelity Wise Origin Bitcoin Fund and ARK 21Shares Bitcoin ETF managed to secure inflows of $5.6 million and $4.2 million respectively.
Veratad Technologies Pairs with Blockchain-ID Ltd to Developing Authentication Tool on Algorand
Authentication solutions provider Veratad Technologies has partnered with UK-based Blockchain-ID Ltd to jointly develop BlockchainIDme, an authentication tool on the Algorand blockchain.
Reuters: BlackRock and Ark Investments Compete in Bitcoin ETF Fee Reduction
BlackRock and Ark Investment Management lower fees for their proposed spot Bitcoin ETFs, reflecting the growing competition and interest in cryptocurrency-based investment products. This move signifies the increasing acceptance of cryptocurrencies in mainstream finance.
Crypto Assets Conference 2020B
On October 29-31, 2020, the Frankfurt School Blockchain Center is organizing the Crypto Assets Conference (CAC) for the fourth time. Blockchain technology was born through the invention of Bitcoin and has since then created hundreds of digital assets and spurred the development of business models building on decentralized networks. Together with executives, founders, investors and representatives from public authorities the conference covers both the public blockchain (crypto assets) and the enterprise blockchain domain (DLT). The CAC makes the audience familiar with the current trends in DLT, blockchain and crypto assets.
FinTech in Belt and Road - Transforming French Freight Logistics with Blockchain
The Belt and Road Initiative (BRI) seeks to improve trade connectivity by upgrading transport infrastructure across much of Eurasia. The undertaking spans a massive geographic area covering as many as 63 countries, accounting for sixty percent of the world’s population and thirty percent of global GDP.
DigiFT and Diners Club complete redemption of the first regulatory-compliant corporate note security token
DigiFT will mint 100 NFTs to commemorate its inaugural security token listing.
Unveiling the Top 5 Surprising Views on Blockchain by AFF leaders
Blockchain, cryptocurrencies, fintech and virtual assets will be at the centre of many of the discussions and we have selected a few of the speakers that we are most intrigued by and some that our readers may not realize are important or outspoken in the blockchain and crypto space. We have purposely excluded the usual suspects—if you don’t know what PWC’s Henri Arslanian thinks about crypto by now, we really can’t help you.
Circle Launches Corporate Account to Support USDC Transactions
Circle has launched a new account service that enables corporate customers to deposit, withdraw, receive and store cryptocurrencies through their account and allow them to settle all payments in USDC stablecoins.
Yuga Labs Hires Former Rally Executive Chris Fortier as VP of Products
Yuga Labs, the developer of the Bored Ape Yacht Club, has hired VP of Product at financial software firm Rally Chris Fortier as its VP of Product.
Crypto Exchange Coinify Gets Regulatory Approval to Operate in Italy
Denmark-based cryptocurrency exchange Coinify has announced that it has received regulatory approval to operate in Italy.
Observers Suggest Bitcoin Price Might Touch Bottom, Despite Crypto Market Crash
The Crypto market is still suffering from ushered in a week of plummeting. Bitcoin was plunging to around $34,000 on last Friday while Ethereum also touched a low of 2,300 on the same day.
Polygon Selected for Joining Disney's Accelerator Program
Polygon becomes the only blockchain selected for Disney's 2022 accelerator program, which will help the development of the web 3 fields.
Bitcoin Sets Another All-Time High at Over $29K, Key Indicator Suggests BTC Whales Not Looking to Dump
Bitcoin’s price has made yet another all-time high at over $29,200 in the past few hours. The last time Bitcoin reached a new all-time high was yesterday.
CME Group and CF Benchmarks to Introduce APAC Reference Rates for Bitcoin and Ether
CME Group and CF Benchmarks will launch APAC-specific Bitcoin and Ether reference rates on Sep 11. The rates aim to cater to growing crypto interest in the Asia Pacific, providing daily U.S. dollar values at 4 p.m. HK/SG time.
Hong Kong's VSFG Set to Pioneer Spot Bitcoin ETF in Q1 2024
Hong Kong's VSFG is set to launch a spot Bitcoin ETF in Q1 2024, aiming for $500 million in assets. This aligns with Hong Kong's regulatory shift towards cryptocurrency and its ambition to become a digital asset hub.
Tesla’s Bitcoin Investment is Revolutionary for Crypto but Other Firms May Not Do The Same Just Yet - JPMorgan
Tesla, the latest institutional giant to make a BTC purchase, has reignited the crypto bull market and propelled BTC to a new all-time high with its $1.5 billion endorsement.
Billionaires and Bitcoin: Stan Druckenmiller’s Alarming Warning on Stocks While Paul Tudor Jones Remains Bullish on Bitcoin
Billionaire Stanley Druckenmiller said during a webcast held by The Economic Club of New York that the risk-reward calculation for equities is the worst he has ever seen in his career. The billionaire expressed his doubts about the US equities’ possibility of logging a V-shaped recovery. He added that government stimulus programs will not be enough for the economic recovery post-pandemic. Druckenmiller believes that cash liquidity required to pump assets that are considered risky will shrink shortly as the US Treasury will soon end the private economy which could overwhelm the Fed purchases through borrowing consistently.
Gemini Launches Insurance Company Resulting in the Highest Custody Insurance Coverage in the Crypto Market
Gemini exchange excitedly announced the launch of its own cryptocurrency insurance company which turned out to be regarded as the most crypto custody with the widest coverage at the moment. Named Nakamoto, Ltd.
Ukrainian Government Accepts Polkadot DOT Donations, Expanding Crypto Donations Over $30M
Ukraine expands over $30M crypto donation program and accepts Polkadot’s DOTs after Russian army invasion.
Bitcoin’s Social Dominance Hits 2-Months High
Interest for Bitcoin spiked on social platforms over the weekend, leading to its social dominance surging, according to Santiment.
CoinGecko Report: 2023 Crypto Industry Rebounds with Resilience and Transformation
2023 saw a resilient crypto industry with a 108.1% increase in market cap to $1.72T and a total trading volume of $36.6T. NFT trading reached $11.8B, while stablecoins like Tether maintained a strong presence. Bitcoin's value rose significantly, contributing to the year's positive momentum.
Ripple-Backed Flare Networks to Launch a Spark Token Airdrop for Litecoin
Flare Networks has announced that they will be hosting yet another airdrop for their native Spark crypto asset.
USDC Will Integrate With Decentralized Social to Bring Web3 to The Masses
Today, social media is controlled by a handful of private corporations– but that could soon change as blockchains like DeSo begin to onboard millions of Ethereum users from DeFi apps into social apps.
Whale Addresses Holding At Least 1,000 Bitcoin are Taking Profits
Crypto analyst Lark Davis has noted that the present pullback is being caused by profit-taking tendencies initiated by Bitcoin whales.
InvestHK unveils details of virtual StartmeupHK Festival 2020
Invest Hong Kong (InvestHK) announced details of its five-day StartmeupHK Festival 2020, which will run from July 6 to 10. Befitting its theme of startups and technology, the festival is making the unprecedented move of transforming from an in-person event to a fully virtual experience.
Former Student of SEC Chairman Weighs in on Binance and Coinbase Lawsuits
Former MIT Sloan School of Management student and teaching assistant for Gary Gensler, known only as 'Kenny' on Twitter, has offered insights into the recently filed lawsuits against Binance and Coinbase by the Securities and Exchange Commission (SEC), as well as his personal journey into the world of blockchain and crypto.
Join 100+ Global Experts at Business of Design Week (BODW) 2020 To Explore Timely Themes from Connected Health to Safe Travels, Circular Economy, Immersive Tech and Brand Futures
Business of Design Week (BODW) 2020, Asia’s leading event on design, innovation and brands, will bring together design visionaries, creatives, entrepreneurs and business leaders from across sectors and industries around the world with a series of events from 30 November – 5 December 2020 to inspire a new vision of success for the ‘new normal’. One of the highlighted events, the BODW Summit (3 – 5 December 2020), themed “VISION 20/21” this year, will be a hybrid LIVE event, with selective sessions simulcast on ViuTVsix, social media and at ‘BODW CitySalon’ partner locations including PMQ, D2 Place and Fashion Walk for the first time to deliver a ‘Beyond virtual, LIVE global’ experience for international audiences.
Ripple CEO: Global Governments Now See Blockchain Solution to Addressing Transparency and Settlement
Brad Garlinghouse, Ripple CEO, believes most governments consider blockchain technology a game-changer as it solves frictions like transparency and settlement that were a headache in yesteryears.
UN Investigates North Korea on Cyberattacks Funding WMD
The U.N. experts are currently investigating 35 cases in 17 countries where North Koreas were using cyberattacks to raise money for the military objective.
Launch House Announces $10M Fund for Web3.0 Startups
Launch House, a private community focused on connecting and supporting top entrepreneurs, launched its first fund, House Capital, with a $10 million commitment to invest in early-stage firms within the community and high-growth startups outside.
Titanium Blockchain's CEO Pleas Guilty of ICO Fraud worth $21m
Michael Alan Stollery, CEO of Titanium Blockchain Infrastructure Services Inc. (TBIS), has been convicted of involving multiple fraudulent accounts in a 2018 initial coin offering (ICO).
Telegram Resists the SEC Court Order to Reveal Financial Details of 2018 ICO
Telegram’s blockchain launch of TON faces delays as the recent court order by US Lawmakers requires the company to hand over documentation regarding the spending of their raised funds via ICO.
Coinbase COO Choi Joins Okta's Board of Directors
Prior to joining Coinbase in 2018, Emilie Choi had spent more than 8 years working for LinkedIn - initially as a VP of business and data, after which she took on the role of COO in 2018.
Grayscale CEO Calls on SEC to Protect Investors
Grayscale Investments’ CEO Michael Sonnenshein has called on the United States Securities and Exchange Commission (SEC) to protect Grayscale investors by returning the true asset value to them. Sonnenshein stated in a recent interview that the SEC acted arbitrarily by denying approval for the Grayscale Bitcoin Trust (GBTC) to be a spot Bitcoin exchange-traded fund (ETF) in June 2022, while approving Bitcoin Futures ETFs. He explained that the SEC violated the administrative procedures act, and that Grayscale is suing the SEC over the denial of its initial application. Grayscale has over a million investor accounts, and Sonnenshein called on the SEC to protect investors and return the value to them.
Coinbase Introduces Ethereum Staking for US Institutional Clients
Coinbase rolls out a new staking crypto service to its institutional clients ahead of Ethereum’s planned transition to a proof-of-stake mechanism, providing more financial options to their portfolios.
Metis Launches The First-Ever Community-Minted NFT
Blockchain company Metis has announced today a launch of the first-ever community-minted non-fungible token (NFT), called “Rebuilding the Tower of Babel.”
OKEx Founder Star Xu Arrested After Crypto Exchange Suspends Withdrawals
Following the sudden suspension of OKEx's withdrawal services, it has been reported that the exchange's founder Star Xu has been taken into police custody.
Binance shuts down accounts in relation to Bitzlato investigation
The U.S. Department of Justice announced action against Binance, which blocked accounts due to the Bitzlato probe.
Bloomberg Report: COVID Stock Market Shake-Out Accelerating Bitcoin Maturation Into Digital Gold
A new report from international news agency Bloomberg indicates that the COVID-19 pandemic’s shake-out of the stock market may be accelerating Bitcoin’s maturation into a new kind of digital gold.
Understanding the Profound Impact of Stablecoins on Traditional Finance
Stablecoin is a compromise on absolute money issuance power and the adoption of disruptive blockchain technology. Stablecoin will have a profound impact on the infrastructure of future financial systems.
US-China Cold War Could Benefit Bitcoin
An internal Chinese report presented to Chinese Leader Xi Jinping and his top party members on May 4, concluded that anti-China sentiment is currently at its highest since the 1989 Tiananmen Square crackdown according to Reuters.
Exclusive: Fidelity Digital Assets Explains the Core Concerns Traditional Institutions Still Have Towards Cryptocurrencies
Blockchain.News spoke with Christine Sandler, the Head of Sales and Marketing at Fidelity Digital Assets to understand more about the concerns institutional investors may have and the barriers to entry to the cryptocurrency market.
Sen. Warren Nudges Treasury Sec, Regulators to Address Crypto-Related Risks
The request for crypto regulation was re-emphasised through the letter to U.S. Treasury Secretary Janet Yellen by Democrat Senator Elizabeth Warren.
MAPay to Collaborate with Verida, Achieving a Decentralized Healthcare Network in Bermuda
Blockchain technology might be an alternative way to resolve healthcare issues effectively. MAPay and Verida have recently announced collaborating by providing a decentralized healthcare network in Bermuda.
Bitcoiner to Conduct Robotic Search for 8,000 BTC Lost in Landfill
James Howells, a Bitcoiner that mistakenly threw away a hard drive containing 8,000 Bitcoin units he mined back in 2009, has reportedly put up a highly specialized team to help dig up in the landfill.
Indian Payment Giant Paytm May Add Crypto Services if Regulations Improves
Indian payment unicorn Paytm has reiterated its willingness to add Bitcoin and crypto-related services if regulations around the nascent asset class become clearer.
Crypto Trading Volumes in Exchanges Sank by Over 40% in June
The ripple effect of the recent crypto market crash continued to be felt as trading volumes at major exchanges nosedived by more than 40% in June.
44 Countries Converge in El Salvador to Discuss Bitcoin Roll Out, President Bukele Says
Forty-four nations are expected to meet in El Salvador today, May 17th, to discuss issues touching on banking the unbanked and Bitcoin adoption, according to President Nayib Bukele.
VerticalCrypto Art presents: PROOF OF PEOPLE - London’s first NFT Festival powered by Tezos
VerticalCrypto Art is pleased to announce ‘Proof of People’, London’s first immersive three-day festival showcasing art, fashion and music through the lens of the metaverse culture and NFT-backed technology, held at the iconic London venue Fabric from July 6-8.
SEC Postpones the Decision on WisdomTree Bitcoin ETF Application
The U.S. Securities and Exchange Commission has postponed WisdomTree's Bitcoin Exchange Traded Fund (ETF) listing application until July 14.
$100 Million of Tether Swapped from Tron Network to Ethereum Blockchain
$100 million worth of Tether (USDT) has been transferred from the Tron network, a blockchain-based decentralized operating system, to the Ethereum blockchain.
El Salvador Airdrops $30 for Bitcoin Handout, BTC Will Become Legal Tender in September
El Salvador's President Nayib Bukelet announced that Bitcoin will officially become legal tender on September 7 and will airdrop $30 in Bitcoin to the public.
Africa Crypto Adoption Sparks Regulation Concerns
The accelerated growth of blockchain technology in Africa recently has raised concerns over the possible implementation of knee-jerk regulation.
Bitwise: Facebook’s Libra Moved Bitcoin and Cryptocurrencies Ahead by Three Years
A cryptocurrency index fund provider Bitwise based in the US is of the opinion that the Facebook-owned stable Libra has accelerated the growth of cryptocurrencies by three years.
Weakening of CoinShares Capital Inflows Causes the Price of Bitcoin to Fall
Traders tried multiple attempts to push BTC to $60,000 but were rejected and failed to stabilize this level and fell sharply yesterday, reaching a minimum of $53,715.
Could Bitcoin’s Next Price Boost Come from $8.5T in Sovereign Wealth Funds?
A prominent on-chain analyst believes Bitcoin's next boost is likely to come from sovereign wealth funds which hold around $8.5 trillion AUM, being managed by nations.
Why is the Bitcoin Price Correlation with the Stock Market Currently High?
Unlimited Quantitative Easing has had the most significant impact on the stock and crypto market, meaning both markets have a strong correlation with monetary policy.
Hut 8 Secures Enhanced $65M Credit Line with Coinbase
Hut 8 has amended its $65 million credit facility with Coinbase, demonstrating a significant shift in digital asset financing by using Bitcoin as collateral.
U.S. Department of Energy Halts Bitcoin Mining Survey Amid Legal Pushback
The DOE's emergency Bitcoin mining survey is withdrawn following legal challenges from Riot Platforms and the Texas Blockchain Council.
Cardano's New Algorithmic Stablecoin DJED
ADA, Cardano's native token, backs the algorithmic stablecoin, which is tied 1:1 to the US dollar.
Canada, Netherlands, Ukraine Central Banks Say Blockchain Not Necessary for CBDC
In a conference hosted by National Bank of Ukraine, some central banks recently suggested that blockchain is unnecessary for digital fiat currency
Japan’s Finance Minister Says No Plans to Lower Taxes for Cryptocurrencies Amid Call for Tax Rate Cut
Japan’s finance minister stated that there is no need to lower crypto tax rates.
Alex Fazel of Swissborg, on Financial Freedom, Predicting the Price of Bitcoin and Breakdancing
Alex is one of the founding members of Swissborg founded two years ago to open the world of finance to all. His brother and CEO Cyrus had been working in investment banking but was struck by how he was only helping the rich get richer - a position with which he was not comfortable. And so the ambition of opening up the priviate members club of finance was born.
BitMEX Co-Founder Proposes Bitcoin-Backed Stablecoin
Arthur Hayes, the co-founder and former CEO of BitMEX, has proposed creating a new stablecoin called the Satoshi Nakamoto Dollar (NUSD) or NakaDollar. Unlike major reserve-backed U.S. dollar-pegged stablecoins, the proposed NakaDollar would be pegged to the sum of $1 worth of Bitcoin and one inverse perpetual swap of BTC against USD, without relying on any USD reserves. The stablecoin's peg to the U.S. dollar would be maintained via mathematical transactions between the new decentralized autonomous organization (DAO) authorized participants and derivatives exchanges.
CoinDCX Becomes India's First Crypto Unicorn after Receiving $90M Financing Led by the Founder of Facebook
CoinDCX, India’s largest crypto-enabled financial services company, has raised $90 million in financing led by Facebook co-founder Eduardo Saverin’s fund B Capital,becoming the first Indian crypto unicorn.
Proof of Stake Networks to Help Staking-as-a-Service Providers
The proof of stake (PoS) consensus mechanism has gained steam in 2021 because it is more environmentally friendly and cost-effective compared to the proof of work (PoW) framework used in networks like Bitcoin (BTC).
US Financial Regulators Aiming at How Banks Could Hold Bitcoin & Crypto Assets, Says FDIC Chairperson
Jelena McWilliams, the chairperson of the Federal Deposit Insurance Corporation (FDIC), has revealed that US financial Regulators are creating clearer regulations on how banks can engage in activities involving cryptocurrencies.
Arthur Hayes: The Federal Reserve is Doomed to Fail
Arthur Hayes' article "Kite or Board" critiques the U.S. Federal Reserve, highlighting its challenges like autonomy, inflation tax, policy changes, and banking sector transition. He suggests Bitcoin as a decentralized, finite supply, and global acceptance alternative to traditional financial systems.
El Salvador Set to Launch Bitcoin "Volcano Bonds" in Early 2024
El Salvador plans to launch Bitcoin "Volcano Bonds" in early 2024 to fund "Bitcoin City" and address sovereign debt.
Deloitte Leverages Zero-Knowledge Proof On New Eduscrypt Platform
Deloitte has partnered with cryptography startup Qedit to leverage zero-knowledge proof privacy tech on its new qualification information blockchain platform.
Tether's Blockchain Ecosystem Continues to Grow with USDT Launch on Bitcoin Cash Network
Tether’s USDT token, the world’s largest stablecoin by marketcap, has launched on the Bitcoin Cash network. USDT is also available on Algorand, EOS, Tron, Omni and the Liquid Network.
TrueUSD (TUSD) Strives to Resume Minting with Prime Trust
In recent updates, the TrueUSD (TUSD) team has announced that they are actively engaged in efforts to resume TUSD minting on Prime Trust. This announcement was made following an unexpected pause in TUSD minting via Prime Trust, an event that took place on June 10.
Bitcoin: Bull or Bear Market After Surging Above $19K? Here's What Analysts are Saying
After dropping below $17,700, Bitcoin’s price has swiftly rebounded to trade over $19,000 in the past few days. What's in store for BTC?
China Plays Top Crypto Whale, Followed By US: Sources
Despite its harsh stance on crypto, the China government could still be holding significant amounts of Bitcoins.
Why Bitcoin Doesn’t Feel Like a Bull Market
Why does everybody still act like bitcoin is in a bear market?
Crypto Price Today: Bitcoin, Ethereum, And Others Gain, Experts See October As Green for The Market
While September was a difficult month for the market, cryptocurrency prices, including Bitcoin, have renewed their performance since the beginning of October. Experts predict more upsides to be experienced in October.
Blockchain Startup Developed Solution to Crypto's Irreversible Transaction Problem
An Israeli startup has developed a new technology that could prevent the loss of funds caused by human error when sending Bitcoins or other digital assets. The mistake is common as wallet addresses are represented by a unique and random string of alphanumeric characters.
BTSE Launches BTC and ETH Earn Products
Digital asset exchange platform BTSE announced the launch of its Bitcoin (BTC) and Ethereum (ETH) earn products that enable users to generate passive income.
Former BitMEX CEO Arthur Predicts $30K Price Target for BTC by June
In tandem with his call for a “crypto carnage” that is underway in the second quarter, former BitMEX CEO Arthur Hayes has predicted a price slump of $30,000 for Bitcoin and $2,500 for Ethereum by the end of June 2022.
European Central Bank Encourages Clear Regulatory Structure for Stablecoins to Reap the Benefits While Minimizing Potential Risks
The European Central Bank (ECB) published an in-depth report on global stablecoins, focusing on highlighting the requirement for clear regulatory parameters for stablecoins, and the risks it may pose to financial stability. The ECB suggests that a “robust regulatory framework” must be established to address risks before its benefits could be explored.
Ankr Gives BNB Chain a Major Performance Upgrade With Its Open-Source Contributions
Ankr, one of the world’s fastest-growing Web3 infrastructure providers, is thrilled to announce that its open-source contributions to BNB Chain are bringing unparalleled performance to the BNB Chain ecosystem. The Erigon upgrade implemented by Ankr has reduced the BNB Chain’s storage requirements by 75%, increased the RPC request performance by 10x, and made the sync process 100x faster!
Metacade presale stage 5 selling out as strategic partnership with MEXC is confirmed
Metacade, a community-led GameFi project, has gained significant momentum in its presale following the recent announcement of its strategic partnership with leading exchange MEXC. Only 3 presale stages remain before the MCADE token is sold out and officially listed on exchanges.
MicroStrategy's Bitcoin Holdings Reach 190,000 Amid Q4 Financials
MicroStrategy, the world’s foremost corporate bitcoin holder, bolstered its holdings by 31,755 bitcoins in Q4 2023, reaching 190,000 BTC despite a revenue dip. The move underscores a strategic pivot towards digital assets amid fluctuating tech and financial landscapes.
Reasons Behinds Bitcoin Could Not Break the $50K Psychological Barrier
The leading cryptocurrency Bitcoin experienced a strong bullish rally this week, rebounding to the highest point of $50562.11. Here are the possible reasons behind the story why the price is unable to break through the $50K level.
Hip-hop legend Snoop Dogg’s first NFT drops on SuperRare
Hip-hop legend Snoop Dogg’s first NFT collaboration with digital multimedia artist Coldie was minted on SuperRare.
Think Tank Releases Report on the Blockchain-Based Genetic Data Network
Think Tank, dGen, releases a new report entitled, “AI, Privacy, and Genomics: The Next Era of Drug Design”. It tackles the issue of privacy and access to genetic data for companies using AI to speed up and improve drug design.
Bitcoin Price Breaks Key Resistance As Pre-Election Stimulus Package Goes to Vote
The price of Bitcoin (BTC) is defying the turmoils and the uncertainty in the hopes of getting a pre-election stimulus package with its current aggressive bullish runs
Crypto Miner Argo Blockchain Mined 129 Bitcoins in July 2023
Argo Blockchain mined 129 BTC in July 2023, an 11% decrease from June, with stable revenue of $3.87M.
Ankr Introduces Bitcoin RPC Endpoints
Ankr has launched Bitcoin RPC endpoints, enabling developers to easily interact with the Bitcoin network and build applications without the need for complex node operations.
Bithumb Korea Reports Operational Losses Due to Declining Crypto Trading Volume
Bithumb Korea reported a Q2 operational loss of KRW 3.442 billion in 2023, down from a KRW 38.42 billion profit last year. The decline is attributed to reduced crypto trading volumes and fee income. The exchange is now offering no-fee events to boost activity.
Bitcoin Price Could Reach $350,000 by 2044 Depending on Millennials’ Investment Game Plan
According to Kraken Exchange, a leading US-based crypto exchange, Bitcoin price could shoot through the roof to $350,000 USD by 2044 if millennials were to invest more than 5% of their inherited wealth into this digital asset.
ECB President Pushes for Digital Euro but Calls for Global Bitcoin Regulation
Christine Lagarde, European Central Bank president, said the Bitcoin has been used for money laundering activities and is calling for global regulation of the cryptocurrency.
Stern Warning on Crypto Trading by the China's Central Bank Prompts Bitcoin Bears
Following a cryptocurrency trading clampdown threat by China's central bank, People’s Bank of China (PBoC), Bitcoin has seen losses of more than 10%. Its value has dropped below $7,000.
Coinbase Says Goodbye to Over 60 Employees
Crypto exchange Coinbase Global Inc has announced a fresh job cut of over 60 from its recruiting and institutional onboarding teams.
Coinbase Lists KAVA, Advancing Ethereum–Cosmos Interoperability
Today, Coinbase has listed Kava and will launch a massive Learning Rewards Campaign to educate its user base about how Kava is leading the world to Web3.
Deutsche Bank Sees Bitcoin Touch $28,000 By 2022 End, But Warns of Risks Ahead
Deutsche Bank (DB) issued its report on Wednesday that said the free fall in the crypto market could continue due to the complexity of its system.
European Crypto Industry Leaders Ramps up Efforts to Influence EU Regulatory Crypto Policy
According to Reuters, the European Union is working to regulate the cryptocurrency industry, advocating for relevant cryptocurrency exchange companies to disclose relevant details, but has been rejected by more than 40 cryptocurrency business leaders.
Portugal Successfully Sells Real Estate With Bitcoin Payments for the First Time
A three-bedroom (two-bedroom) house in the Portuguese metropolis of Braga has successfully sold for Bitcoin for the first time.
Pro-Russia Groups Evaded Sanctions With Over $2M Crypto Donations
American blockchain analysis firm, Chainalysis, has released a detailed report on how over $2 million in cryptocurrency donations have been used to fund the Russian-wing of the war in Ukraine
Canadian Fintech Firm Stablecorp Secures $1.5m from Crypto Leaders
Canadian fintech firm Stablecorp announced that it has secured $1.5 million in participation from crypto market leaders, including Circle Ventures, the issuer of USD Coin (USDC) in the Pre-Series A Funding Round.
Dragonfly Fintech Wins G20 TechSprint CBDC Challenge
The Bank for International Settlements (BIS) Innovation Hub and Bank Indonesia under the Indonesian G20 Presidency announced the winners of their jointly organized G20 TechSprint competition last week during a live award ceremony in Jakarta. This third edition of the TechSprint aims to catalyze the development of central bank digital currency (CBDC). Twenty-one finalists from more than 100 applicants worldwide developed and submitted innovative best-in-class CBDC solutions.
Bitcoin Whale Addresses Continue to Grow, as Smaller BTC Holders Sell at $23K for Profit
Crypto on-chain analytics firm recently noted that the number of Bitcoin holders with more than 1,000 BTC has continued to grow, almost reaching a new all-time high.
Malaysia’s Largest Bank Signs Blockchain Partnership for Remittance
The largest bank in Malaysia Maybank partnered with the National Bank of Cambodia to sign MoU for cross-border remittance using NBC’s blockchain-based Bakong payment system.
Bitcoin Price Analysis: Price Consolidation Stirring Rejection at Key Support Level
Bitcoin's latest uptrend is being tested in a move that appears as a temporary consolidation.
US SEC Former Director Brett Redfearn Leaves Coinbase after Four Months on Leadership Role
Brett Redfearn, the head of capital markets at Coinbase exchange, has stepped down.
Bitcoin Price Hits New All-Time High of More Than $19,800 as Tyler Winklevoss Says “Cash Is Trash”
Bitcoin has finally managed to break past $19K again. This time, it managed to surpass its 2017 all-time high, trading north of $19,700 late Monday night.
The Issuance of China's CBDC On The Horizon, According to Insiders
The issuance of central bank digital currencies (CBDCs) has been gaining traction as various nations have shown interest. The People’s Bank of China (PBoC), China’s central bank, has finished the development of a CBDC’s basic function and relevant laws are being drafted to set the ball rolling for its circulation.
IRS Hoping to Deanonymize Monero and ZCash Privacy Coins to Prevent Cybercrime
The Criminal Investigation Division(CID) of the IRS are actively hiring private contractors to study and analyze privacy coins, as there has quite been a lot of fraudulent activities revolving around their usage.
Ripple CTO Assesses XRP as a Bridge Cryptocurrency Between CBDCs, Stablecoins, and Fiat
Ripple’s CTO David Schwartz discussed the key role Ripple (XRP) tokens and other cryptocurrencies would play in a market where CBDC was becoming a hot topic.
Tether Aims to Render More Transparency by Slashing Commercial Paper Holdings
Based on continuous efforts to decrease its commercial paper portfolio for transparency purposes, Tether revealed that it would slash its holdings by $5 billion by the end of July.
Purse.io Closes its Door After Six Years of Operations
Purse.io the company which was at the forefront of increasing adoption of bitcoin at retail payment outlets such as Amazon, would be closing its door after 6 years of operations, marking the end to an era.
Telegram Issues Letter to Investors After SEC Files Restraining Order and Sets Hearing on Oct. 24
Telegram Open Network (TON) developers responded to investors in a letter regarding the United States Securities and Exchange Commission (SEC) announcing that the GRM token offering was illegal. GRM is a native currency of TON, the blockchain platform that aims at facilitating payments and hosting decentralized applications (DApps).
Top Crypto Exchanges to Watch in 2024
In 2024, the crypto landscape is expected to grow and diversify, with top exchanges like Binance, PrimeXBT, OKX, Coinbase, and Bitget gaining prominence.
Bitcoin Price Aanlysis: Key Technical indicators to watch
Key Technical indicators to watch and Altcoin Season is coming
Elon Musk’s Concerns Over Bitcoin's Energy Consumption Are Misguided, Says Ark Invest
Ark Investment Management company has commented on Elon Musk’s concerns over Bitcoin mining's impact on the environment.
KuCoin and Founders Charged with Bank Secrecy Act and Money Transmission Offenses
KuCoin, along with its founders Chun Gan and Ke Tang, has been charged with violating the Bank Secrecy Act and operating an unlicensed money transmission business, allegedly allowing its platform to be used for money laundering and terrorist financing.
South Korean Regulators to Harden Punishments for Crypto Fraud Practices
South Korean legislature is mulling plans to tighten its grip on crypto fraud practices
Indonesian Regulator Moves to Ban Financial Services Firms by Dealing with Crypto
Indonesian market watchdog, the Otoritas Jasa Keuangan (OJK) has warned all financial service outfits operating in the country to abstain from dealing or facilitating transactions bordering on digital currencies in the country.
Facebook Digital Currency Libra Rebrands Name to Diem Ahead of Its Dollar-Backed Stablecoin Launch
Facebook-backed Libra Association has rebranded its name to the Diem Association ahead of the proposed launch of its dollar-backed stablecoin.
BlackRock to Launch Bitcoin ETF in Brazil
BlackRock introduces the iShares Bitcoin Trust ETF in Brazil, marking a significant foray into cryptocurrency for traditional investors.
Bitcoin Eyes $12K, Experts Say It Will Surge Regardless of US 2020 Presidential Election Outcome
Market experts have said that Bitcoin's price will be unaffected by the outcome of the US presidential elections.
Bittrex Files Motion to Dismiss SEC Charges
A motion to dismiss the case has been filed on behalf of Bittrex and its co-founder, William Hiroaki Shihara. The motion, filed on July 2, 2023, argues that the SEC lacks the authority to regulate crypto assets as securities and that the Commission has failed to provide adequate notice of the alleged securities law violations.
Tether Launches USDT Stablecoin on Near Network to Unlock New DeFi Products
Tether’s USDT, the world’s largest stablecoin by market cap, is now available on the Near Network proof-of-stake blockchain.
Bitcoin Price to Reach $100,000 in 2025 as BTC is Increasingly Becoming Digital Gold, says Bloomberg
Bitcoin could take five or more years to reach the price of $100,000, according to Bloomberg’s demand indicators.
Bitcoin SV (BSV) Surpasses $100
Bitcoin SV (BSV) has surpassed $100 due to strong technical indicators and market activity, especially in South Korea, influenced by market sentiment, technical analysis, and trading volume dynamics.
Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption
Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.
NYDFS Reviews BitLicense Guidelines to Favor Crypto Agencies
With the New York Department of Financial Services guidelines, blockchain agencies will find easy entry into the cities blockchain ecosystem
Long-Term Holders Liquidate their Supply as Bitcoin Slips to a 6-Week Low
Long-term holder supply dropped by approximately 76,633 BTC day over day.
Scaramucci's SkyBridge Capital Applies for Bitcoin ETF as Institutional Sentiment Remains Bullish for BTC
The approval of Canadian-based Bitcoin ETFs has led many to wonder when the United States Securities and Exchange Commission (SEC) will approve one of its own. Currently, Anthony Scaramucci’s hedge fund, SkyBridge Capital, has tried its luck by filing a request with the SEC for a Bitcoin ETF.
Nebraska Bill Proposes Allowing State Banks to Offer Crypto Services
Nebraska is contemplating a bill that will allow state banks to offer cryptocurrency services.
Worldcoin (WLD) World App Reaches 10 Million Users
Worldcoin's World App, launched in June 2023, has over 10 million users, promoting universal basic income and sparked interest in alternative wallets within the Worldcoin ecosystem.
Japan’s Coincheck to List on Nasdaq via SPAC Merger with $1.25 Billion Valuation
Japan's Coincheck wants to become a publicly-traded company in the US.
ELEET GAMES to Build Gaming NFTs and Launch Token Exclusively on Tezos Blockchain
ELEET GAMES is proud to start building Web3 games exclusively on the energy-efficient Tezos blockchain and to announce an investment from the Tezos Foundation. ELEET GAMES is a next-generation gaming publisher leveraging Web3 tools to become the first “Players’ Publisher”. Web3 enables publishers to build games that incorporate user feedback and give gaming communities a real stake in the ecosystems they contribute to as players. New games, associated NFTs, and the native $LEET token from ELEET GAMES will all be built on Tezos.
Mango Markets Community Set to Approve $47 Million Bounty for the Hacker
After the unfortunate hack incident, Mango Markets is now set to accept a large bug bounty for the hacker who stole $114 million from the protocol.
Blockchain Finance Forum: Europe 2021
The Forum will count on 30+ expert speakers from well-known organisations like the European Commission, Swiss National Bank, European Banking Federation, the British Blockchain Association, European Blockchain Partnership, Deutsche Bank, Aviva and many more
Michael Saylor Lends a Voice to the Revolt Against NY Bitcoin Mining Moratorium
Michael Saylor, the Chief Executive Officer of MicroStrategy Incorporated, has called on New Yorkers to stand up to their Senate’s push to regulate the Bitcoin mining ecosystem in the state.
Core Scientific to Pay Outstanding Debt with Mining Machines
In a court filing, crypto mining firm Core Scientific stated the equipment were no longer needed for its operations and future plans.
Boyaa Interactive Advances into Cryptocurrency with a $100 Million Acquisition Mandate
Boyaa Interactive plans to invest $100 million in cryptocurrencies, focusing on Bitcoin, Ether, and stablecoins, while ensuring secure platforms in the volatile crypto market.
Coinbase Enters Singapore after Gaining Licence
Coinbase has entered the Singaporean market as it has gained approval from the central bank to offer its crypto services in the city-state.
Sky Mavis CEO Moved about $3m in Crypto before Disclosing Hack: Bloomberg
Trung Nguyen, co-founder and CEO of Sky Mavis, moved about $3 million in crypto tokens prior to the disclosure details of the $540 million Ronin bridge hack in March, Bloomberg reported.
ProShares To Debut First US ETF Betting on Bitcoin Plunge
ProShares is releasing a fund (ticker BITI) that is set to allow investors take short positions on Bitcoin futures.
Insider Trading and Cryptocurrency
Coinbase director Conor Grogan saw Binance-linked anonymous wallet transactions. The wallets acquired unlisted tokens minutes before their listing announcement on Binance's website and sold them shortly after, sparking suspicions of crypto insider trading.
DeFi Protocol Aurigami Raises $12m in Token Rounds
Aurigami told The Block that $9.5 million was raised via a private token sale, while $2.5 million via an initial exchange offering (IEO) on KuCoin, Bybit and Impossible Finance.
CoinMarketCap Crypto Report: Top 20 Exchanges Mark a 36% Drop in Spot Trade Volume from Previous Quarter
In the first half of 2023, the cryptocurrency market has seen significant shifts in exchange activities, according to a comprehensive analysis by CoinMarketCap.
First Decentralized Data Warehouse, Space and Time, Raises $10M Seed Round Led by Framework Ventures
Space and Time TM, a decentralized data platform for blockchain applications, has raised $10 million in a seed round led by Framework Ventures, a venture capital firm known for its early entry into decentralized finance (DeFi) and blockchain gaming (GameFi). Additional participants in the round include Digital Currency Group (DCG), Stratos, SamsungNext, IOSG Ventures, Alliance and several market leading DeFi, GameFi, and venture organizations.
SmartFi To Issue First Mineable Stablecoin & Payment System without Transaction Fees
U.S. based cryptocurrency platform Smartfi announced to develop two coins, including the first minable stablecoin worldwide, which will not require a burn-mint protocol or USD-fiat-peg to maintain an exact correlation to the US Dollar.
Bitcoin Exchange Outflow Volume Soars, Why Are BTC Holders Not Selling Off?
Bitcoin’s Exchange Outflow Volume (7d MA) just reached a 1-month high of $102,299,130.40. This shows people are holding onto BTC more long-term.
IOVLabs Launches Its “Everyday DeFi” Initiative on Rootstock To Onboard The First Billion Users
IOVLabs pushes the boundaries of DeFi innovation and usability. The team will soon unveil their "Everyday DeFi" initiative for the Rootstock ecosystem, spearheaded by the RIF Aggregation Layer-2 scaling solution based on zkSync.
Dock Launches Mainnet For The Creation of Verifiable Credentials
In just a few days, Dock will be introducing its mainnet with the aim to solve many of today’s issues with digital credentials. Scheduled for September 30, 2020, the mainnet launch is the culmination of years of collaboration, hard work, and testing that brings to the market a bespoke credential issuing and verification platform.
$2.3 Billion Liquidated on Crypto Exchanges as Bitcoin Price Crashes By $5.4k In Minutes
According to Glassnode blockchain analytics, the crypto sector lost around $110 billion in marketcap because after $2.3 billion in crypto was sold off, crashing BTC by $5,000.
The OCC is Focused on "Not Killing" Bitcoin and Crypto says Acting Comptroller Brian Brooks
Brian Brooks has affirmed that the OCC is not planning any ban or stringent regulation on Bitcoin or other cryptocurrencies.
DeFi Protocol Ref Finance Completes $4.8M Financing Led by Jump Crypto
NEAR's blockchain ecological DeFi project- Ref Finance announced the completion of $4.8 million financings led by Jump Crypto.
Huobi Group Founder in Talks to Sell Almost $3B Company Stake
The selling of Huobi Group founder's majority stake in the crypto-exchange could be the industry's biggest takeover since a $2 trillion global crypto rout started, according to Bloomberg.
S. Korea's Democratic Party Backs Support for Crypto, Metaverse
Song Young-gil, leader of the ruling Democratic Party, stated that the South Korean government should stop the crackdown on the crypto sector and start nurturing it instead.
Dogecoin Hits New All-Time High as Bitcoin Stabilizes over $63K
Bitcoin hit a record high of $63,860 and stabilized above the 63K level. As Bitcoin soared, Dogecoin experienced a strong 47% spike on April 14 and hit a record high of $0.1210. What should we expect from DOGE in the short term?
The Bitcoin price surge has led to a market FOMO among small BTC addresses
Small BTC addresses surge in 2023, boosting bitcoin market enthusiasm.
ASIC Bans BitConnect National Executive for His Part in Multi-Billion Dollar Crypto Ponzi Scheme
Australian Securities and Investments Commission (ASIC) has officially banned a former National Representative of BitConnect from providing financial services for seven years.
7RCC Spearheads a Carbon-Neutral Bitcoin ETF for ESG-Focused Investing
7RCC has submitted a spot Bitcoin ETF with a composition of 80% Bitcoin and 20% carbon credit futures, providing a unique, carbon-neutral investment option in the crypto market.
Mobile Game Publisher Kongregate Launch $40M Fund for Web 3 Developer
Mobile game publisher Kongregate has partnered with Immutable X, Ethereum's leading Layer 2 (L2) scaling solution, to launch a $40 million blockchain developer fund.
Chicago Board Options Exchange Files Trademark for NFT & Crypto Services
The Chicago Board Options Exchange has filed for a trademark application for CBOE DIGITAL, NFT trademark, according to its attorney Michael Kondoudis's announcement through a tweet.
France Seeks to Block Development of Libra in Europe
While speaking at a recent conference in Paris on virtual currencies, Bruno Le Maire, French Finance Minister said, “In these conditions, we cannot authorise the developments of Libra on European soil.
Spot Bitcoin ETFs: A Pivotal Decision by SEC Awaits
The SEC is nearing a decision on approving spot Bitcoin ETFs, which could significantly impact the cryptocurrency market and investor sentiment, with discussions focusing on minor amendments.
MediLiVes Launches Unique Healthcare App in London
MediLiVes, the innovative healthcare platform based on AI and Blockchain technology, launched its App on Saturday 16th November in London. MediLiVes is disrupting the USD 10 million diagnostic industry by partnering with medical practitioners and patients on a single digital platform.
Grayscale Investments Files Claim over Ethereum Proof of Work Token after the Merge
Grayscale Investments, a leading investment partner for digital currencies is set to distribute Ethereum Proof of Work (ETHPoW)
BIS Taps Benoît Cœuré to Lead Digital Currency Initiative
Cœuré, who previously led a Group of Seven working group on global stablecoins, said that he was very happy to join the Basel-based institution:
Crypto Miner EZ Blockchain Expands Mining Rigs to 16 MWs in Georgia State
Crypto mining company EZ Blockchain plans to expand its mining rigs to 16 megawatts using Georgia's underutilized power resources.
BlueWallet is Sunsetting Its Lightning Node Connection to Lndhub
Don't worry—BlueWallet is just another step toward self-custody and lightning nodes.
Miami Mayor Francis Suarez to Take Part of his 401K Retirement Funds in Bitcoin
Miami Mayor, Francis Suarez has doubled down again on his love for Bitcoin, promising that he plans to take a part of his 401k retirement savings fund in the digital currency.
SEC Required Coinbase to Trade Only Bitcoin, Exclude Ethereum and All Other Cryptos, Reports FT
On July 31, a report by the Financial Times reported that the U.S. Securities and Exchange Commission (SEC) had requested Coinbase to cease all cryptocurrency trading, including Ethereum, with Bitcoin being the only exception, before taking legal action against the company.
Crypto ETP provider 21Shares' Parent Firm Raises $25m
21.co, the parent company of European ETF issuer 21Shares, has completed a $25 million financing led by Marshall Wace at a valuation of $2 billion.
Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype
According to the Bloomberg Galaxy Crypto Index, cryptos have been performing up by 66 percent in 2020, exceeding that of gold’s performance by 20 percent.
Venezuela’s Central Bank Considers the Potential of Bitcoin and Ethereum
In the face of global isolation from international financial systems and imposed US sanctions on state-run PSDV (Petroleos de Venezuela S.A.) , Venezuelan’s Central Bank is looking to explore Bitcoin and Ethereum payment systems.
Crypto Miner Merkle Increases Hash Rate 9x to 3.1EH/s in 8 Months
Bitcoin miner Merkle Standard has formed a joint venture with Bitmain, one of the world’s largest Bitcoin mining equipment manufacturers, to increase its total computing power, or hash rate, from about 0.3 EH/s to 3.1 exahash ( EH/s), the computing power is increased by 900%.
Bitso Reaches 1 Million Users Mark in Brazil
Bitso has now reached a mark of 1 million users in Brazil, a year after its release in the country, the Mexican cryptocurrency exchange announced.
CoinGlass: The Comprehensive Crypto Derivatives Data Platform
CoinGlass provides an analytical edge to traders with its extensive derivatives data, including open interest, funding rates, and liquidation across various crypto assets.
Stanford Study Findings—Is Blockchain Hype or Hope for Social Impact?
Beyond the hype of its potential, does blockchain technology really have the power to drive social impact?
KuCoin Hacker Scrambles to Dump Stolen Chainlink Tokens, Crypto Exchanges Collaborate for Clamp Down
The KuCoin hacker has begun dumping his stolen funds, after having made off with over $150 million worth of Bitcoin (BTC), ERC-20 tokens, and Ether (ETH).
MicroStrategy Scoops Up an Additional 205 Bitcoins for $10 Million
MicroStrategy has purchased an additional 205 BTC, bringing the firm's holdings to 91,064 Bitcoins.
Tim Draper Plans to Capitalize on Indian Cryptocurrency Renaissance
Tim Draper is a billionaire investor best known to the crypto community for his participation in the FBI’s 2014 Silk road auctions where he won thousands of Bitcoin. The venture capitalist has revealed the he is now honing in on India's emerging cryptocurrency sector and hopes to fund many of the region's startups.
Belarus President Signs Free Flow Crypto Decree, Wallets to Come Under Central Register
Belarusian President Alexander Lukashenko has signed a decree that will allow the free circulation of cryptocurrencies.
JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini
JPMorgan Chase, the largest bank in the United States, has set the ball rolling by accepting crypto exchanges Gemini and Coinbase as banking customers. This is a sign that Bitcoin and other cryptocurrencies are being embraced in the American financial landscape and Wall Street. The bank gave Coinbase and Gemini accounts the green light in April, and transactions are just kick-starting. Reportedly, JPMorgan Chase is offering cash-management services to the exchanges, as well as dealing with dollar-based transactions for their US-based clients.
Ransomware Attack Directed Towards University of California Generated 118 Bitcoin
The University of California, San Francisco’s plans to further COVID-19 vaccine research were disrupted by a ransomware attack on the school’s servers.
XRP Price Analysis: Is XRP Back on Track To Its Glory Days?
This article profiles XRP's current price performance and its recovery from the past weeks of excessive losses
Coinbase Becomes First Custodian to Pass Two Major Security Evaluations
Coinbase Custody has become the first cryptocurrency custodian to obtain bot SOC 1 Type 2 and SOC 2 Type 2 evaluations.
CNBC’s Brian Kelly Warns of a Bitcoin Short-Term Correction to $12,000
Brian Kelly, CNBC Fast Money trader, continues to be bullish for Bitcoin but warns of a short-term correction to $12,000.
Former CoinDesk Editor-in-Chief Pete Rizzo Gets Hired by Kraken Digital Asset Exchange
A report from Kraken Digital Asset Exchange, a cryptocurrency exchange firm based in San Francisco, informed that it has hired former CoinDesk journalist, Pete Rizzo who served as an Editor-in-chief in the news industry.
Why Bitcoin Crashed by $3000 and Is Currently Undergoing a Sharp Price Correction
After a bullish rally where Bitcoin soared past $18,500, the digital asset underwent a notable price correction, trading dropping below $16,500.
What Happened: US Committee Hearing with the SEC on Crypto and Libra
The United States House of Representatives Financial Services Committee held a hearing on Sept. 24 with the Securities and Exchange Commission’s (SEC) five commissioners. Vital topics covered in the hearing include the consideration of cryptocurrencies as securities, regulation of Facebook’s Libra and Calibra, and insider trading.
UK Regulator Study Shows Up to 2.3M Adults Own Cryptocurrencies
The United Kingdom Financial Conduct Authority (FCA) has released the latest report about cryptocurrency awareness among UK adults. Study shows that up to 78% UK adults heard of cryptocurrencies.
Coinbase Puts Gnosis, Metal & Raydium on its Roadmap
U.S. Nasdaq-listed cryptocurrency trading platform Coinbase has updated its roadmap, adding two Ethereum-based altcoins, Gnosis (GNO) and Metal (MTL), and a project built on the Solana blockchain Raydium (RAY).
Facebook’s Libra Creating Shadow Monetary Ecosystem Warns FAC
Facebook’s creation of cryptocurrency Libra will spawn a ‘shadow banking’ system outside of sanctioned financial markets according to US banks.
Austrian Telecom Provider Adds Cryptocurrencies to its Payments Network
With A1 Telekom’s move to accept Bitcoin and other digital currencies as a means of payment, Austrians now have more options in digital transaction payments
NASDAQ Listed MicroStrategy Buys Up Additional $175 Million in Bitcoin
Bitcoin centric NASDAQ listed MicroStrategy has shored up its Bitcoin (BTC) portfolio by investing an additional US$175 Million.
Alexis Ohanian bought 50000 ETH
Ohanian founded 776 Venture Capital using his early ETH and Coinbase investments.
Bitcoin Needs to Hold the $43.1K Level to Avoid a Slip back to $38K
Bitcoin ought to hold the $43,100 level to avoid dropping below the psychological price of $40,000.
Top 3 Tokens to Watch this Week: BTC, LTC & DOT
As the new week unravels with its own fundamentals, here are the top three coins to watch.
Crypto Messaging Platform Lines Raises $4M in Seed Round
Crypto messaging platform Lines has raised $4 million in a seed round. The company aims to build an app to solve issues like no verifiable communications platform in the industry.
Leading Altcoins in the Market Uptrend Today: SNX, TEL, and OKB
A profile of three of the high performing altcoins during the intraday.
Wells Fargo Sets Up Passive Bitcoin Fund for Wealthy Clients
Wells Fargo has moved to give its wealthy clients what they seem to want: a Bitcoin fund. JPMorgan also has started providing its wealthy customers with accessing a Bitcoin fund.
FTX Exchange Offers $1M to First bank in Each Region who Accept Stablecoins
FTX exchange announced on Twitter that it will provide the first bank in each region with a bonus of $1 million.
Post-Halving Prediction: Bitcoin Price Hitting $20,000 Only a Matter of Time
With the much-anticipated Bitcoin halving just around the corner, pundits, investors, and traders are keeping a keen eye on this event because mining rewards will be slashed from 12.5 BTC to 6.25 BTC. Crypto trader TheMoonCarl tweeted that the number of non-zero Bitcoin addresses had smashed the 30 million figure. As a result, he believes that the all-time high Price of BTC of $20,000 will be broken.
Bitcoin Needs Momentum to Hit $43,000 For Recapturing the 200-Day Moving Average
Market analyst Lark Davis suggests that BTC needs momentum to push forward until the $43,000 level to regain the 200-day moving average.
Bitcoin Dropped Below $10K, 3 Reasons Bitcoin and Crypto Market Will Crash Again
3 reasons the Bitcoin and crypto market are ready for a second crash. Here's why.
Infinity Ventures Crypto's $70M Fund to Focus on Global Startups
Infinity Ventures Crypto has completed its first round of funding with $70 million for investing in startups in Asia and the Americas.
Deutsche Bank's Warning of a Possible Future Crisis Worse Than the Current Pandemic Could Mean the End of Bitcoin
Deutsche Bank has warned that there is a high chance of a crisis far worse than the current coronavirus pandemic and could have a chance of taking out Bitcoin completely.
World's largest electronics and lighting marketplaces open in Oct
New AI & Voice Recognition zone plus smart lighting products
Crypto Market to Skyrocket to $1.75 Billion by 2027, Report Reveals CBDCs Could be a Game-Changer
Fortune Business Insights reports that the cryptocurrency market will hit $1.758 billion by 2027 from $754 million recorded in 2019, representing a compound annual growth rate (CAGR) of 11.2%. This growth will be spurred by blockchain technology as it makes cryptocurrency transactions effective, secure, and fast.
Bitcoin on Exchanges Experience a Sharp 50-Day Drop, Suggesting Diminishing Sell-Side Pressure
Bitcoin on crypto exchanges has plunged to a 50-day low, as acknowledged by on-chain metrics provider Santiment.
Web3 Payments Company Fuse Launched the Payment API Platform Fuse Charge
Web3 payments revolution Fuse officially launched the blockchain payment API platform Fuse Charge.
Bitcoin Price Surge Continues as Square’s BTC Position Doubles in Value
2020 has been a year of institutional adoption for Bitcoin, and it seems that this is just the tip of the iceberg, as investors see a profit.
What Pfizer's COVID-19 Vaccine Means for the Bitcoin Price Outlook
Bitcoin saw a negative correlation with the traditional stock market, as hopes of the old normal economy were to be revived again.
BigCommerce Partners with BitPay & Coinpayments to Enable Crypto Payments for Merchants
Amidst a rise in global demand for alternative payment solutions, BigCommerce provides merchants of all kinds with a scalable solution to accept crypto payments.
Line’s Singapore Crypto Exchange Relaunched as US-based Bitfront
Line, the Japanese messaging service has closed its Singapore-based cryptocurrency exchange and relaunched the exchange service globally from a United States-based platform.
Chainlink (LINK) Price on Recovery, Litecoin (LTC) Trading 131% Above Expected Level Could Mean Bullish Bitcoin
Chainlink’s (LINK) price has managed to see a slight rise, bouncing back from under $10 to temporarily over $13.
Bitcoin Will Likely Never Trade Below $20,000 Again, Says Economist
Bitcoin will likely never trade under 20K again as market corrections diminish sharply based on increased institutional adoption, according to lead economist Alex Kruger.
70% of Millennials Crypto Owners Invest in IRA, Survey Shows
A new survey report from AltoIRA suggests as many as 39% of 2,000 millennials aged 25 to 40 own cryptocurrencies, and up to 70% of millennials crypto owners invest in their retirement accounts.
CertiK Announces the Completion of British Pound Backed Stablecoin on Binance
According to the Exchangers representative, the token was going to be referred to as Binance GBP and was going to be fully backed by British pounds reserves. He also stated that in the nearest future more fiat currency backed stablecoins would be introduced on the platform
Gary Gensler Confirmed as Chairman of the SEC, What This Means for Crypto
Gary Gensler has been confirmed to the role of chairman of the Securities and Exchange Commission.
Damus, a decentralized social network teased an upcoming feature
One community member called the feature the future of monetization.
Chinese Crypto Veteran Reveals More About Binance After Top Executives Leave CoinMarketCap
Chinese crypto veteran Li Xiaolai revealed to the public via social media platform Weibo, about Binance’s operations.
US SEC Likely to Delay Bitcoin Futures ETFs Until 2022: CFRA Investment Research Firm
According to CFRA ETF and mutual research firm, the US SEC is likely to delay decisions on whether to approve applications of Bitcoin futures ETFs until 2022.
Iconic Funds to Issue First Exchange Traded Product for Bitcoin on a Regulated Market
Iconic Funds, a global crypto asset management firm, has said it will issue an Exchange Traded Note (ETN) for Bitcoin of up to 100,000,000 Notes, tracking the NYSE Bitcoin Index (Ticker: NYXBT). The Notes may be subscribed to by qualified investors with both EUR and BTC, with a minimum subscription size of 100,000 Notes and an issue price of €1,00 per Note. Iconic Funds will apply for admission to trading of the Notes on the regulated market of the Luxembourg and Frankfurt Stock Exchanges in Q4 2019. The Notes will have a German ISIN.
Fisker Electric Vehicle Startup Bans Bitcoin Investment
Fisker said that the company will not accept Bitcoin (BTC) as an investment due to environmental unfriendly processes used in Bitcoin mining operations.
MicroStrategy Releases Q1 2022 Report, Holding 129,218 BTC
MicroStrategy released the first quarter of 2022 report on Tuesday, the company holds a total of 129,218 BTC, resulting in a $1 billion impairment.
Margin Trading And Lending On The Crypto Market
In recent years, many of you who are interested in crypto, probably have noticed the continuous growth of the number of new exchange products that help earn from lending and margin trade.
Bitcoin Wakes Up from Slump and Surges, While Gold Rallies
As the value of the USD has been depreciating with the mass printing of stimulus checks deployed by the US government and with gold finally responding with a price rally, Bitcoin (BTC) has finally gained some bullish traction on the crypto market.
Grayscale Survey: 55% of US Investors Like Bitcoin in 2020
Grayscale Investments has released a report dubbed Bitcoin Investor Study 2020 showing that 55% of US investors are keeping a watchful eye on purchasing Bitcoin in 2020.
Bitcoin and Libra’s Ultimate Underlying Value to be Determined by Central Banks, says Ex-RBI Governor
Former Indian central bank governor said that Bitcoin and Libra could play a role in a world where central banks are issuing their own digital currencies.
Hyperledger Fabric-based Platform Remooz.com Launches NFT Marketplace
Enterprise-grade distributed ledger Hyperledger Fabric platform Remooz.com launched its first NFT marketplace platform.
Bitcoin Plunges to $32,266 amid the Intensified FUD Sentiment from China
As China has strengthened the supervision of cryptocurrency mining and related trading, fear, uncertainty, and doubt (FUD) sentiment has intensified among investors. BTC/USDT plummeted nearly 10% today, as low as $32,266.
Coin98 (C98) Super Wallet Joins Forces with JamboPhone to Accelerate Web3 Access in Asia
Coin98 Super Wallet partners with JamboPhone, integrating its wallet into the device to boost Web3 adoption in Asia's emerging markets.
Debunked: The 7 Most Common Myths About Cryptocurrencies
Although cryptocurrencies have been around for quite some time, many people still find them confusing. In part, that is definitely due to the fact that there are many common myths about them that people take to be true.
Crypto Fest 2.0 Rumble in the Crypto Jungle
Crypto is heating up once again! DeFi has exploded onto the scene, scalability of Ethereum is in question and gas fees are out of control, interest in central bank digital currencies (CBDCs) is hot, regulators are scrutinising closely and expectations that bitcoin is going to moon soon, is causing a rumble in the crypto jungle!
Why Facebook's Libra Is Not A Real Cryptocurrency
Facebook on Tuesday announced its Bitcoin rival called Libra, a cryptocurrency created by a Facebook subsidiary called Calibra that will be managed by an oversight body called the Libra Association. The Libra coin will not be available immediately, as the announcement only covers the vision and technology behind the Facebook blockchain. But the company says Libra will be private, mostly.
Bitcoin will Reach $70,000 Soon if the Federal Reserve Cuts Rates
BitMEX's ex-CEO Arthur Hayes suggested that a Federal Reserve rate cut could propel Bitcoin to the $70,000 mark, rejuvenating the US banking sector. Historical trends show a symbiotic relationship between the Federal Reserve's monetary decisions and Bitcoin's trajectory. Bitcoin's ascent outpaced the Fed's balance sheet expansion by 129% during the pandemic. However, post-March 2022, the Federal Reserve implemented three additional hikes, causing a reevaluation among market participants and analysts. The 'Real Yield', derived by offsetting the Government Bond Yield with Nominal GDP Growth, remains pivotal in this discourse. The US Treasury's augmented bond issuance at steeper rates may inadvertently amplify nominal GDP growth.
Square Establishing Bitcoin Hardware Wallet, Confirmed by CEO Jack Dorsey
Digital payment company Square is building an "assisted custodial" bitcoin hardware wallet, confirmed by founder and CEO Jack Dorsey and head of hardware Jesse Dorogusker.
‘Rich Dad, Poor Dad’ Author Kiyosaki Praises Bitcoin, and Says “Bitcoin is In, Real Estate & Gold are Out”
In a talk radio segment, New York Bestseller Robert Kiyosaki and crypto investor Anthony Pompliano discussed the growth of Bitcoin (BTC) and the major role the cryptocurrency will play in the future.
Inu & meme equivalent to Cleverminu token launched with 1 trillion IMO sale
Cleverminu, a hybrid meme and Inu token, has shared details of its much-anticipated token sale. The public event has seen 1 trillion CLEVERMINU tokens made available to establish a decentralized economy powered by its users. The token sale began on October 27 at 9:00 UTC, supporting price discovery and distributing CLEVERMINU to a global user base.
Is the Narrative about Bitcoin’s 4-Year Halving Cycle Diminishing?
With Bitcoin’s current return of approximately 456% since the third halving event in May 2020, this is a notable underachievement compared to the two previous cycles, which had recorded 1,355% and 4,974% respectively at this point in time.
Japanese Financial Giant SBI Group to Borrow from Bitcoin Holders at Annual Rate of 1%
SBI Group has rolled out a cryptocurrency rental service dubbed “VC TRADE LENDING” aimed at borrowing Bitcoin from customers in return for 1% annual interest.
Bitcoin, Ethereum, and Cryptocurrency MegaCap Indices Debut on S&P
S&P Dow Jones Indices has introduced a cryptocurrency index series, which features Bitcoin and Ethereum.
ETH Price Set to Rally as Institutional Capital Flows into Ethereum
Ether price rallied after GME Ethereum futures contracts launched, posting a new all-time high of $1,780. As institutional money flows in, will Ether's price continue to rally?
Cardano ADA Ecosystem Q2 2023: DeFi Growth, Stablecoins, and NFT Trends
Cardano's Q2 2023 report by Messari highlights 34.9% stablecoin growth, DeFi expansion, and NFT trends, with promising developments in scaling solutions.
Pelosi and Mnuchin Narrow Differences on Pre-Election Stimulus Terms, Will Republicans Compromise?
House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin have reportedly narrowed their differences on the terms for a pre-election pandemic relief package.
Bitcoin Becomes Legal Tender in Honduran Special Economic Zone
Bitcoin and other cryptocurrencies have become legal tender in a special economic zone on an island on Honduras' Caribbean coast, officials said.
JPMorgan: Bitcoin Price to See Long-Term Upside Trend due to One Important Component
JPMorgan has made several comments on the world’s largest cryptocurrency in the past year, and its stance on Bitcoin (BTC) has since changed.
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
US Senator Elizabeth Warren has urged Treasury Secretary Janet Yellen to include comprehensive Anti-Money Laundering and Combating the Financing of Terrorism measures for stablecoins, highlighting potential risks of funding terrorist activities.
Chinese Court Reaffirms Stablecoins are Not Legal Tender
It is already about a year since China banned transactions involving digital currency transactions, and a Chaoyang Court in Beijing has further reiterated that cryptocurrencies are not legal tender.
Crypto Mining Stocks Plummet Amid SEC Issues a Subpoena to Marathon Digital Mining Facilities
US-based cryptocurrency mining firm Marathon Digital Holdings Inc has received a subpoena from the US Securities and Exchange Commission (SEC) regarding its Hardin, Montana data centre.
Security Should be at the Heart of Crypto Ventures, HashCash CEO Says
The skyrocketing number of digital asset services shows increased crypto awareness and adoption, which necessitates heightened security features, according to HashCash Consultants CEO Raj Chowdhury.
Binance Freezes Withdrawals and Suspends Core Services As Crypto Market Runs Hot
As the cryptocurrency market reaches all time high retail interest, exchange giant Binance has announced a temporary suspension of services for maintenance on its platform.
Crypto Fund Firm Fintonia Group Receives Virtual-asset License in Dubai
Singapore-based crypto fund firm Fintonia Group has received a provisional virtual-asset license from the Dubai authority.
Donald Trump's Impeachment Up for Crypto Bets on Augur
The impeachment of Donald J.Trump, the 45th President of the United States of America and its potential outcome has stirred up predictions on Augur.
UK's ASA Issues Crypto Ad Guidelines for 50 Firms
The UK's Advertising Standards Authority (ASA) has issued a guideline for companies on advertising cryptocurrency services.
40 German Banks Are Seeking Regulatory Approval to Offer Bitcoin Custody
Many German banks have filed a request to introduce a digital asset custody business. Germany’s Federal Financial Supervisory Authority, popularly identified as BaFin, has received over 40 applications from German banks interested in offering crypto custody services.
Billionaire Mark Cuban Believes Dogecoin Is the Best Crypto as A Medium of Exchange
Billionaire investor, Mark Cuban, has said that Dogecoin is the best cryptocurrency that investors should use for payments.
Bitcoin Continues to Circulate in a Semi-Bullish Territory
Bitcoin is still in a semi-bullish area, given that circulation continues to be steady, according to on-chain metrics provider Santiment.
Bitcoin Trading Should Be Banned by Central Banks, Says Former British Member of Parliament
Former Member of the British Parliament Nick Boles appears to disfavour Bitcoin, saying that the central banks should monitor the cryptocurrency’s trades.
US Crypto Exchange Kraken Predicts Bitcoin Price Crash in September
US-based crypto exchange Kraken predicts the Bitcoin price will crash in September followed by a return to extreme volatility.
Goldman Sachs Launches First Ethereum-Linked Derivatives Product
American investment banking and financial institution giant, Goldman Sachs Group Inc has started trading a type of Ethereum-linked derivatives.
Fidelity Investments Seeks Approval for a US Bitcoin ETF
The US asset management giant, Fidelity Investments, applies for a Bitcoin ETF in the U.S.
El Salvador Takes First Steps Towards Bitcoin Mining Using Volcanoes
Nayib Bukele, the president of El Salvador, has announced the first steps that the country has taken to enable volcanoes to mine Bitcoin.
Former Canadian Prime Minister Sees Bitcoin As A Potential Future Reserve Currency
Stephen Harper, the former prime minister of Canada, has named Bitcoin as a possible reserve currency in the future.
S. Korean Exchanges to be Held Accountable for LUNA Crash
According to the latest reports from local media platform Newspim, the top cryptocurrency exchanges are now likely to be held accountable for failing to implement measures to protect investors from the crash.
How Blockchain Can Uphold Creators' Rights and Copyright Law
Blockchain shows its versatility once again by becoming the perfect enforcer for copyright law, ensuring that authors receive their due credit and royalties.
Circle's 2024 USDC Economy Report Reveals Significant Growth in Stablecoin Adoption
Circle's 2024 report on the USDC economy highlights significant growth in stablecoin adoption and usage, with a 59% increase in USDC wallets and over $12 trillion settled in blockchain transactions since its inception.
Crypto Traders See Safe Haven in a Brokerage Newcomer in Turkey
Istanbul-based BtcTurk has established a securities brokerage, offering its millions of clients new options to satisfy their trading itch.
Australian Online Neobank Volt has Partnered with Crypto Exchange BTC Markets to Provide Bank Service
Australian online bank Neobank Volt revealed that it has partnered with crypto exchange BTC Markets (BTCM) to provide bank services for Australian crypto investors.
Bitcoin Bull Peter McCormack Slams Bank of England Andrew Bailey’s Narratives About Bitcoin
Bitcoin bull Peter McCormack has slammed the narratives of Andrew Bailey, the Governor of the Bank of England (BOE) regarding Bitcoin and cryptocurrencies.
BitMEX Invests in South Africa’s Largest Bitcoin Exchange
In a bold financial move, the parent company of BitMEX cryptocurrency exchange has decided to invest in a South Africa’s biggest Bitcoin exchange, VALR.
Crypto Hedge Fund Pangea Fund Receives $85m in Financing
Cryptocurrency hedge Fund Pangea Fund has raised $85 million to focus on a"long-only" strategy.
Bitcoin Book Published for Educating U.S. Congressmen, Secures Excess Funding on Kickstarter
An educational book on Bitcoin (BTC) created by a group of 8 individuals has gained more funds than solicited from public investors on the Kickstarter platform
Bitcoin Circulation and Active Addresses Holding Steadily Despite Retracement
Bitcoin’s active addresses and circulation have not slowed down, despite the present correction because they have remained relatively strong.
Meitu Chinese Beauty App Purchases $40 Million Worth of Bitcoin and Ethereum
Meitu has bought 15,000 units of ETH and 379 units of BTC, which were valued at around $22.1 million and $17.9 million respectively at the time of purchase.
'Dogecoin Army' Targets $0.69 to Commemorate 4/20 Doge Day
From the beginning of 2021 to now, Dogecoin went from an altcoin worth only $0.007 to hit a price of $0.41 today.
Singapore’s Court of Appeal Finds Crypto Exchange Culpable of Malice in Momentous Ruling
In a landmark ruling, the Court of Appeal in Singapore noted that Quione, a cryptocurrency exchange, was disloyal to reverse several transactions on its network. This action constituted a breach of contract; hence the law had to take its discourse.
VeChain Announces Launch of Blockchain-Based Digital Platform at Cyprus Hospital
In light of COVID-19, VeChain announced the launch of a blockchain-based medical platform at the Mediterranean Hospital of Cyprus.
Is Bitcoin Getting Ready for a Breakout?
There seems to be light at the end of the tunnel for a breakout in the Bitcoin market because the multi-month downtrend witnessed on the momentum indicator has broken out to the upside.
Bitcoin Funding Rates Have Calmed Down - Has Greed in the BTC Market been Neutralized?
Bitcoin funding rates have slowed down since the leading cryptocurrency scaled to new heights of $69,000.
Only 1% of Bitcoin Holders Controls 27% of Total Circulating Supply, Study Shows
A new study shows that only about 10,000 Bitcoin (BTC) holders own as much as 5 million of the total 18.9 million BTC in circulation.
India's Crackdown on Crypto Exchanges: Binance, Kraken, Mexc, and Kucoin Delisted from App Store
India's FIU removes apps of major crypto exchanges, including Binance and Kraken, from the App Store, enforcing compliance with anti-money laundering laws amid new crypto tax policies.
What Happens if Bitcoin’s Price Surpasses $14,000? BTC Breaks Correlation with the S&P 500
Bitcoin has continued to surge after breaking through its resistance level at $12,000 last week following a series of institutional bullish Bitcoin news.
Coinbase Allows Crypto Investors to Cash Out in Pesos in Mexico
Coinbase, the largest U.S. cryptocurrency exchange, said it launched a pilot program in Mexico on Tuesday, allowing crypto investors to cash out cryptocurrencies in Pesos in Mexico.
Fraudulent Ledger Live App in Microsoft Store Linked to $768K Cryptocurrency Theft
A fake Ledger Live app on Microsoft's App Store stole nearly $768K from the crypto community, involving Bitcoin and Ethereum transactions, raising concerns over app verification processes.
Tether CTO Paolo Ardoino Dispels USDT Market Fear Amidst Rising Deposits in Curve 3Pool
Paolo Ardoino, CTO of Tether and Bitfinex, has responded to growing fears in the crypto market with an assertive tweet stating, "Markets are edgy in these days, so it's easy for attackers to capitalize on this general sentiment. But at Tether we're ready as always. Let them come. We're ready to redeem any amount."
UK Real Estate Developer Brik by Brik Launches its Property Investment Ecosystem
Brik by Brik, a major UK-based property development company, is making a long-term bet on the growing cryptocurrency market. The company announced that it will announce the launch of Brikn, a DAO ecosystem on the blockchain.
Bitcoin's Popularity Sees Surge in Marijuana and Video Game Transactions During Coronavirus Lockdown
The coronavirus-induced lockdown has influenced an increased use case of Bitcoin. Sales of video games and cannabis using Bitcoin have seen a significant rise during the lockdown. The pandemic has revealed consumers’ priorities, as online sales of general digital products saw a decline, while video gamers and marijuana users have increasingly turned to Bitcoin during the virus outbreak.
JPMorgan CEO Warned Investors Against Bitcoin Investment, Calls for Clear Regulations to Crypto Trading
Jamie Dimon, the CEO of JPMorgan Chase Bank, is still not a crypto supporter. He admits that JPMorgan clients are interested in cryptocurrency. JPMorgan is planning to offer Bitcoin funds to rich clients.
Former Coinbase Employee Sentenced
Ishan Wahi, former product manager at Coinbase, has been sentenced to 24 months in prison for insider trading. Wahi used confidential information from Coinbase to profit off new token listings, totaling up to $1.5 million.
Crypto Is The "Best Kept Secret in the World," Says Former NYSE President
Former NYSE President Thomas Farley says that crypto is the best-kept secret in the world.
A Large Portion of Bitcoin Supply Stores in Cold Storage Based on the Bottoming Out of Dormant BTC Supply
Dormant Bitcoin supply for at least one year bottomed out at 54.2%, indicating that a large portion of BTC was stored in the cold storage.
Belt and Road Initiative – Hong Kong the Gateway for RMB Internationalization
Many analysts have come to view BRI as a diplomatic offensive with geopolitical motives. However, the initiative is primarily driven by the Middle Kingdom’s pressing need to transform its national economy through further integration with the world.
Coinbase Announces Launch of Ethereum Layer-2 Network
Coinbase will gradually decentralize the chain but not create a new network coin.
Cryptocurrency Market Opens The Week To Big Dip, What Coin Is The Biggest Loser Today?
The crypto market opened the week to a big bearish dip with 1inch taking the biggest hit
Bitcoin Net Inflows Records $315 Million in Total in October
October will be written in Bitcoin’s history books as the month that saw the top cryptocurrency break the record by soaring to the $66,900 level.
Barclays Is Finished with Coinbase, Clearbank Steps In
Barclays, the London based bank, has cut ties with cryptocurrency exchange Coinbase as reported by CoinDesk.
Grayscale Bitcoin Trust Files to Become First Fund to Report to SEC
Grayscale Bitcoin Trust (GBTC) has positioned itself to become the first cryptocurrency investment fund to achieve a reporting status to the United States Securities and Exchange Commission (SEC).
Rothschild Investment Corp Acquires Over 250M Shares in Grayscale ETH Trust
The Rothschild Investment Corp has revealed that it has taken up a new crypto position by purchasing 265,302 shares of Grayscale Ethereum Trust.
Banks are Still Far Away from Trading Crypto: Genesis CEO
Bitcoin will not receive the same amount of significance from banks any time soon as it has from individual investors, the head of the crypto prime brokerage Genesis Global Trading said.
5 Legendary Investors Share Their Predictions About Bitcoin Prices
Bitcoin is emerging with the speed of lightning due to the rapid rise of technological advancements. What Bitcoin predictions have leading figures in the industry made?
Orbs and Fantom Integrate to Push the Boundaries of Web3
The bridge between the major blockchain networks has set its sights on one of the new contenders to join the race for Web3, Fantom
7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin
This newly found interest also explains the recent increase in the number of exchange platforms that have been springing up to meet this growing demand for liquidity within this space. Some platforms where Nigerians can receive funds in dollars or Bitcoin and convert to Naira has been seen as a way out of the too many constraints fiat presents.
Bitcoin Advocate Cynthia Lummis Wins US Senate Seat in Wyoming State
Cynthia Lummis is elected to serve in the senate for the state of Wyoming. She is a Bitcoin advocate who wants to develop an “American First” agenda and cut the national debt.
North Korea Notorious Lazarus Group Moves 27.371 Bitcoins
North Korean Lazarus Group's recent Bitcoin transactions, involving over $1.2 million, raise speculations about their next cyber moves and highlight ongoing security challenges in the cryptocurrency sector.
Bitcoin Association Bestows First-Ever Satoshi Nakamoto Scholarship to PhD Student
Bitcoin Association, a leading global organization for Bitcoin business, has revealed its first-ever Satoshi Nakamoto Scholarship to a 2nd year Cambridge University Phd student undertaking human genomics. Robin Kohze is the beneficiary of the scholarship after he successfully took part in a series of blockchain competitions, whereby he emerged second at Bitcoin Association’s 2nd Bitcoin SV Hackathon.
India’s Supreme Court Turned the Tables on Crypto Ban in Landmark Ruling
In a momentous ruling, India’s Supreme Court has lifted the ban made by the Reserve Bank of India (RBI), the nation’s central bank, on banks and other regulated entities dealing with cryptocurrencies. The court noted that preventing regulated entities from offering banking services to crypto trading stakeholders did not hold any water.
Hide and Seek? Spouses in Divorce Settlements Conceal Assets into Crypto
Some spouses reportedly intend to hide and covert their properties into digital assets, such as crypto, which is more difficult to track when dealing with divorce settlements, experts said.
How the New Crypto Law in India Could Play Out
After the celebration seen in India’s Supreme Court as the verdict was given against the Reserve Bank of India (RBI) in its action of restricting financial institutions from providing banking services to cryptocurrency-based businesses, interested parties are wondering how the recent news will play out.
Gamefi 'Land of Conquest' gets Backing from Huobi Ventures, to Start Beta Version in Aug
Blockchain game development company Land of Conquest received investment from Huobi Ventures.
Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products
One of the leading Chinese Filecoin mining machine providers, IPFSMain has suspended sales of all products.
Michael Saylor Supports Bitcoin as a Valuable Asset in the Digital Space
Michael Saylor the CEO of MicroStrategy Inc. stated that Bitcoin (BTC) is a better tool for trade compared to the use of other physical instruments
US Government Now Holds $1 Billion in Bitcoin After Silk Road Seizure Using Blockchain Analysis
The DoJ has asked to lock down on approximately 69,370.22491534 Bitcoin (BTC), Bitcoin Gold (BTG), Bitcoin SV (BSV), and Bitcoin Cash (BCH).
FTX Affirms to 'Unauthorized Access’ to Some Assets, Working With Law Enforcement
After confirming the recent incident of unauthorized access" to its crypto holdings, citing a hack, FTX’s general counsel Ryne Miller took to his Twitter on Saturday to explain that the exchange is now working with law enforcement
Billionaire investor Ray Dalio has described fiat currency as being in serious jeopardy
Bitcoin is too unpredictable to be "effective money," according to legendary investor Ray Dalio.
Bitcoin Price Rally Stalls, Falls below $23,000 amid 75% of BTC Sold by Tesla
After briefly breaking the $24,000 mark, Bitcoin fell below 23,000 to 22,895.94, at the time of writing, after announcing that Tesla had sold 75% of its bitcoin position.
Bybit Launches Leveraged Token Products
Cryptocurrency exchange Bybit announced the launch of leveraged token products on the trading platform's spot exchange starting with two bitcoin leveraged tokens, BTC3L and BTC3S.
Crypto Donations to Exceed $10 Billion in a Decade
The Giving Block's annual report predicts that crypto donations will surpass $10 billion by November 2032, with USD Coin being the most popular cryptocurrency used in donations. Ethereum co-founder Vitalik Buterin holds the record for the largest crypto donation of the year, giving $9.4 million through his philanthropic fund.
FTX.US Wins the 10-yr Naming Right of UC-Berkeley's Facility by Sponsoring $17.5M in Crypto
The American cryptocurrency exchange giant FTX sponsors the University of California, Berkeley (UCB) with $17.5 million in cryptocurrency in exchange for getting the 10-year naming right of the California Memorial Stadium.
Bitcoin Price Rally Will Peak Out Early in 2021, according to CNBC Report
As one institutional analyst told CNBC—the Bitcoin price could peak out early in 2021, providing another prime opportunity to buy the BTC price dip.
Wombat Exchange Dominates Stableswap Market With $217M TVL in 24 Hours
Wombat, a multichain stableswap, has broken records for Total Value Locked (TVL) within 24 hours of launching. Users on BNB Chain deposited $217M of stablecoins within the decentralized exchange’s first day of operations, making it the network’s largest stableswap by TVL.
Opinion: Is Bitcoin Ready for Day to Day Use? Could my Parents Figure It Out?
Technology and the Older Generations, Will Blockchain and Bitcoin Find a Userbase With Them?
NFTs Sees Increase in Manipulative Trading Practices: Chainalysis
Non-fungible tokens have been witnessed a rise in malpractices as the sector turns increasingly volatile, blockchain analytics platform Chainalysis reported.
Palestine Mulls Launching CBDC as the Move of Monetary Independence from Israel
Palestine Monetary Authority, the central bank of Palestinian in the West Bank, is reportedly developing a digital currency, which considers as symbolic monetary independence from Israel, according to Bloomberg's coverage.
Edward Snowden Criticizes SEC Following Twitter Hack and False Bitcoin ETF Announcement
Whistleblower Edward Snowden has openly criticized SEC Chair Gary Gensler following a misleading Bitcoin ETF approval post on the SEC's Twitter account. Snowden's comments highlight growing concerns about the SEC's credibility and regulatory approach in the crypto industry.
Starbucks to Introduce NFTs This Year
Starbucks interim CEO Howard Schultz announced that the company is entering the NFT market this year.
$314K from 2016 Bitfinex attack returned by US Homeland Security
The digital currency exchange known as Bitfinex said on July 6 that it has been given $312,219.71 in cash together with 6.917 Bitcoin Cash by the United States Department of Homeland Security.
Russia Gives Tax Incentives to Crypto Miners
Russia offers tax benefits for crypto mining investors during tough times.
Brazilian Fintech Firm PicPay Plans to Launch Crypto Services
Brazilian financial technology company, PicPay wants to bring crypto payments to its users by using its app.
MicroStrategy Further Accumulates Bitcoin Holdings to 114,042 after additional 5,050 Purchase
MicroStrategy has shored up its Bitcoin reserve, with an additional purchase of 5,050 units of the cryptocurrency, holding over 114K BTCs.
Blockchain Interoperability—What are the Key Drivers?
Blockchain Interoperability, the ability to connect different blockchain ecosystems, is gaining a lot of traction today. But, first of all, it is necessary to understand if we need interoperable blockchains. What problems do they solve? Or will they create more troubles? And finally, what are the various challenges involved in going down the path of interconnecting blockchains?
Spritz Finance bill pay beta launches on Polygon Network
Spritz Finance, a Web3 personal finance platform for decentralized finance (DeFi) users to easily pay their bills with crypto, announced today that the company’s closed beta for its bill pay product is now available to all Polygon Network users, beginning in the United States.
Short-Term BTC Holders Experience Slight Profits as Bitcoin-Gold Realized Correlation Turns Negative
Short-term Bitcoin holders have a reason to smile because they are back to profitability.
Block's Cash App Bitcoin Revenue Falls 7%
Jack Dorsey's Block Inc. reported a 7% reduction in Bitcoin sales in Q4, with its Cash App producing $25 million of BTC gross profit, down 25% YoY.
Bitcoin Fell Below $30K for the Second Time since mid-May, Low Institutional Demand Could Lead to Further Declines
Bitcoin fell below the $30,000 support level for the first time in four weeks. This time, due to the lack of institutional demand for Bitcoin and the large-scale sell-off of the safe-haven Bitcoin caused by the epidemic, the downward trend may be further exacerbated.
Jul 23 Trading Analysis: If only Robinhood has ETH listed
Trade strategy: Buy out of the money BTC and ETH calls; BTC 10 to 10.5k calls and ETH 300 to 350 calls for the next few weeks. Let's not get ahead of ourselves; whether we actually FOMO and chase, we will have to monitor for continued "recycled capital" and hopefully fresh inflows to keep the MoMo going,,,,,
EOS Dublin and ConsolFreight partner to Leverage Blockchain In FreightTech
EOS Dublin, an EOS block producer and EOSIO blockchain developer, has partnered with ConsolFreight, a leading operator in the digitised Freight Forwarding industry. Together, they have conducted a Proof of Concept (POC) for the freight forwarding industry using blockchain. This development is hailed as the new intersection between Fintech and FreightTec
HUSD Stablecoin Drops 56% From Dollar Peg Following Huobi Delisting
According to CoinMarketCap, HUSD stablecoin has fallen massively from its $1 peg, dropping to a low of $0.32 following delisting from crypto exchange Huobi on Friday last week.
SEC Rejects Application for Physical Bitcoin ETF from Ark 21Shares
So far, the SEC has not approved an application for a spot Bitcoin ETF. The latest rejection involves a Bitcoin ETF filed by Ark 21Shares.
Ethereum Network Planned Hard Fork Delayed Due to Late Acceptance of EIPS
The blockchain infrastructure company running the core of the Ethereum network has delayed the planned hard fork launch until September 6th.
CBOE Seeks SEC Approval to List First Bitcoin Exchange-Traded Product in US
Equities market operator, CBOE global markets, has submitted a filing proposal to the SEC to list and trade shares of VanEck’s Bitcoin Exchange Traded Fund (ETF).
Bitcoin Hits a 16-Month Low of $26K as Effects of the Terra Crash Spill Over
Bitcoin nosedived to lows of $26,595, a scenario not seen since Dec 30, 2020, when the leading cryptocurrency dropped below the $27,000 zone.
MicroStrategy Continues to Invest in Digital Assets amid Holding 105,085 BTCs
The leading enterprise analytics platform MicroStrategy released its financial report for the second quarter of 2021 Thursday. The management is satisfied with its strategic investment in digital assets and will continue to deploy funds to invest in its "digital asset strategy."
ConstitutionDAO Fails to Win the U.S. Constitution Copy on Sotheby’s Auction, after Raising Crowdfund $47M
Breaking: Decentralised autonomous organisation ConstitutionDAO lost ownership by failing to win the bid for the printed copy of the U.S. Constitution at a Sotheby’s public auction. The Lot finally sold for $43.2 million.
Coinbase CEO Criticizes Anti-Crypto Stance of American Politicians
Coinbase CEO Brian Armstrong warns that anti-crypto politicians may face strategic disadvantages in 2024 elections due to growing crypto adoption and the proposed Digital Asset Anti-Money Laundering Act's impact.
Hong Kong to introduce comprehensive stablecoin regulation, focusing on innovation and investor protection.
Hong Kong is launching a public consultation to establish comprehensive stablecoin regulations, aiming to balance innovation with investor protection, marking a significant step in cryptocurrency governance.
Tether’s Market Cap Surges By $1 Billion in Just 9 Days to Hit $19 Billion
The market capitalization of leading stablecoin Tether (USDT) has been on a roller coaster ride after surging by $1 billion in a record 9 days to hit $19 billion.
Official State-Run Publication Reports Blockchain Development in China to Reach $2 Billion In 2023
Chinese publication, Xinhua, reports that blockchain technology will reach $2 billion in 2023 as well as this, blockchain development in China is expected to increase by a compound annual growth rate of 65.7% from 2018 to 2023.
Bitcoin Touches $21K amid Fed's Interest Rate Hike Hitting a 28-Year High
Bitcoin (BTC) was up by 2.90% in the last 24 hours to hit $21,782 during intraday trading, with news about the Federal Reserve’s interest rate increase of 75 basis points (bps) making airwaves.
Coinbase vs. SEC: Key Dates and Details for Upcoming Court Hearings
Court dates for Coinbase vs. SEC case confirmed. Coinbase's motion due Aug 4, 2023, with SEC's opposition brief due Oct 10. Coinbase's reply expected by Oct 24.
Tether Brings into Play Anti-Money Laundering Solutions with Chainalysis Tool
Tether, the most leveraged stablecoin provider based on market capitalization, has deployed a tool provided by Chainalysis, a blockchain analytical company, in its quest to have anti-money laundering (AML) compliance solutions
South Korean Officials Confirm They Sent Team to Serbia to Find Do Kwon
South Korean authorities have increased their search for Do Kwon and deployed state officials to Serbia.
MediLiVes Healthcare Platform Launches App
MediLiVes, the innovative healthcare platform based on AI and Blockchain technology, is to launch its App on Saturday 16th November in London. MediLiVes is disrupting the USD 10 million diagnostic industry by partnering medical practitioners and patients on a single digital platform.
Next 2-3 Years to be a Turning Point for Bitcoin, BTC to follow Tesla's Footsteps - Deutsche Bank Analyst
According to Deutsche Bank analyst and Harvard economist Marion Laboure, the next two to three years should be a turning point for Bitcoin.
IDEG Launches Renaissance SP and DeFi Tracker SP
Professional digital asset manager IDEG Asset Management Limited (IDEG) has launched IDEG Renaissance SP and the IDEG DeFi Tracker SP.
British Lloyds Banking Group Recruits Digital Cryptocurrency Experts
British retail banking giant Lloyds Banking Group is looking for digital cryptocurrency experts as a digital currency and innovation senior manager. The starting salary for this position is expected to be £59,040 per year.
Stone Ridge Shutting down Bitcoin Futures Fund, Returning Money to Investors
Stone Ridge’s Bitcoin Futures Fund suffers losses triggered by market downturn and competition.
BAYC Owner Scammed for NFTs Worth $567K with Fake PNGs
A Bored Yacht Club (BAYC) NFT owner was scammed for at least $570,000 after the victim was tricked into exchanging their NFTs for worthless PNGs.
USD Coin Chief Strategy Officer Twitter Account Hacked
Circle's USD Coin (USDC) stablecoin chief strategy officer Dante Disparte's Twitter account has been hacked, with the account reportedly promoting fake loyalty rewards to long-time users of USDC.
“2020 5th Global Asset Allocation Focus” will be held in Shanghai in August
Global Asset Allocation Focus 2020 (hereinafter referred as GAAF2020), founded in 2016. With a four-year proven-track record, GAAF2020 will invite more than 500 participants from more than 10 countries, who are mainly senior executives from private banking, family office, independent wealth, asset management, funds, securities, trusts, insurance, futures, etc. GAAF2020 will invite 40+ speakers to share their insights on the theme of "Chinese Opportunities".
Bitcoin Transaction Volumes Continue to Reflect Trickling in of Big Money
Institutional-sized investments continue trickling in the Bitcoin (BTC) network, which is bullish.
BNB, HT, and FTT Experience a Surge Ahead of Coinbase Listing
Since Coinbase announced its listing, its valuation has gone from 70 billion U.S. dollars to its current value of 91.5 billion U.S. dollars. The direct listing of the exchange had made investors re-examine the future potential of digital currency exchanges and cryptocurrencies. In the past few weeks, the three major platform-derived currencies BNB, HT, and FTT have risen several times.
Robinhood Silently to Test Crypto Wallets & Crypto Transfer Functions
According to a Bloomberg report, Zero-commission financial trading platform Robinhood is low-profile testing new crypto wallet features for its customers, which will allow users to send and receive cryptocurrencies.
Coinbase Traffic Hits Historic Highs Following Super Bowl Ad, Jumping to Top 2 on App Store
Following a minute-long ad worth $14 million meant for the Super Bowl, US-based crypto exchange Coinbase raked in the dividends because traffic reached historic highs.
Lithuania Government Cashes in Seized Crypto Worth €6.4 Million
Through the State Tax Inspectorate (STI), the Lithuania government has cashed in €6.4 million and slotted it in the state budget after selling seized cryptocurrencies.
Billions of Dollars Exit Exchanges as Investors Scuttle Towards Safety
Investors are withdrawing their funds from exchanges amid the FTX implosion
Twitter Responds to Elon Musk's Takeover Bid With 'The Rights Plan'
Twitter's board of directors in reply to Musk's attempt to buy over the platform and take it private in a $43 billion bid, have jointly agreed to activate the Rights Plan.
Gemini Launches Offshore Derivatives Platform
Gemini is launching an offshore derivatives platform, Gemini Foundation, which will offer services to customers in over 30 countries. The platform’s first derivatives contract will be a Bitcoin perpetual contract denominated in Gemini Dollar. The move comes as the regulatory environment for crypto firms in the United States becomes more uncertain.
Blockchain Summit 2020
This 3rd Edition is sponsored by Uruguay XXI, which will open our event on September 3. The opening on Thursday 4 will be by President of Banco Central del Uruguay, Ec. Diego Labat. Main sponsors are IBM, Microsoft and Grant Thornton and we are proud about their featured speakers. ANII has also granted us #DeInterés.
US Congress Encouraged to Regulate Crypto Sector Under Bank Secrecy Act
A Washington DC-based strategic advisory firm, the Financial Integrity Network (FIN), pushed the United States Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act (BSA).
22 Bitcoin ATMs Established Globally Per Day in March, Study Shows
The number of Bitcoin ATMs continues to rise, it is estimated that 22 machines were installed per day last month all around the world, a study shows.
Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund
Bangladesh has expressed its intentions to send 100 new graduates for Blockchain training in Japan and India according to reports by Bangladesh’s English-language newspaper The Daily Star on Aug 4.
Bitcoin Institutional Inflows Are Rising as Grayscale Bitcoin Portfolio Now Estimated to be Worth $23.69 Billion
Bybt crypto trading platform has disclosed that Bitcoin institutional inflows are not showing any signs of slowing.
Spanish Lawmakers Receive Bitcoin in Cryptocurrency Education Campaign
All 350 Deputies of the Spanish Congress have received Bitcoin as part of an educational campaign aiming to teach legislators about the uses and functions of crypto.
Metromile Reveals Bitcoin Purchase Worth $1 Million In Q2
Metromile vehicle insurance company holding Bitcoin worth $1 million. The firm plans to buy additional Bitcoins soon and to allow policyholders to pay insurance claims and receive payment for insured claims in Bitcoin.
Bitcoin Bull Run to Take a Breather Before Further Price Surges and Volatility Ahead, Gold Surges Past $2,000
Bitcoin price surged past $12,100 on Aug 2, reaching its all-time high in 2020 so far. Since Bitcoin’s bull run on Sunday, Bitcoin appears to be consolidating before its next jump.
Crypto Exchange KuCoin Forms a Strategic Partnership with Pyth Network
Seychelles-based cryptocurrency exchange KuCoin has announced a strategic partnership with the Pyth Network, the crypto exchange will real-time prices of trading pairs, bringing crypto market prices fully on-chain.
Australian Bitcoin ATMs Demonstrate Lightning Network
Coolangatta has its first Lightning Network-enabled Bitcoin ATM. Bitcoin Lightning ATMs operate like regular Bitcoin ATMs but faster. Crypto ATMs number 38,602, with 6,071 added in 2022.
Bloomberg Analyst Believes Nothing “can stop the process of Ethereum flippening” Bitcoin
Ethereum shows the tendency to flip Bitcoin as reiterated by Bloomberg strategist, Mike McGlone
Aave Launches Upgrade, DeFi Tokens to Gain as Bitcoin Fails to Break $16K
Aave DeFi protocol launched an upgrade on its public testnet today. The news comes as Defi tokens may be preparing for a bull run, with Bitcoin failing to rally.
Greenidge Commits to Being 100% Carbon Neutral for Its Bitcoin Mining Facility Starting June 2021
Greenidge Generation Holdings Inc. plans to offset all carbon emissions from its Bitcoin mining facility, starting June 1st, 2021.
Brexit issues on Supply Chain tacked using blockchain
Since the 1980s, Global Trade has multiplied by a factor of 3.5 but the Global Supply Chain has not kept pace. In fact, the World Trade Bank estimates that inefficiencies in Global Supply Chain are costing as much as USD 2 trillion of the overall USD 16 trillion market.
Bitcoin’s Hashrate Rebounding after Engaging a 50% Drop
Bitcoin’s hashrate seems to be on an upward trajectory after nosediving by 50% amid an intensified crackdown on crypto mining by Chinese authorities.
AMC to Accept Crypto alongside Bitcoin at Movie Theaters before the End of This Year
AMC Entertainment Holdings Inc has disclosed that it will accept a variety of cryptocurrencies as payment for tickets and concession payments at all US theatres by the end of the year.
Dock Plans to Use Cryptos for International Money Transfers: Reuters
Brazilian financial services platform Dock offers solutions for the entire ecosystem of digital payments and banking. It plans to utilise crypto for international remittances, expanding markets in the Latin American and European regions.
Cryptocurrency Adoption Is Growing, But US Needs To Adopt A Solid Blockchain Policy
In order to be ahead of other countries in the ever-growing industry of blockchain, the US needs to come up with an enforceable and consistent blockchain policy.
Europol Cybercrime Report Identifies Monero, Zcash, Dash and Privacy Wallets as Emerging ‘Top Threats’
Europol assessed the new developments in cybercrime in relation to the COVID-19 pandemic and identified certain cryptocurrency wallets as top threats.
Alternatives of USDT Gained Wider Merchant Access including Microsoft
Currently, BitPay supports Bitcoin, Bitcoin Cash, and Ether Payments. As of recent, the blockchain payment processor will now accept Circle USD, Gemini Dollar, and Paxos Standard Token.
MicroStrategy Acquires Additional 5,445 Bitcoins, Total Holdings Reach 158,245 BTC
MicroStrategy continues to invest heavily in Bitcoin, announcing the acquisition of an additional 5,445 BTC. The company now holds 158,245 Bitcoins, acquired for an aggregate sum of approximately $4.68 billion. The move comes amid a period of relative stability in Bitcoin prices.
OmiseGO (OMG) Price Sees Three-Digit Gains, Bitcoin Loses Dominance
While Bitcoin’s price is struggling to maintain its $12,000 threshold, an altcoin has been making triple-digit gains, including the OmiseGO (OMG) Network.
Marathon Digital Buys 78,000 Antminer S19 XP Bitcoin Miners Worth Almost $900M
Marathon Digital Holdings announced that it ordered 78,000 Antminer S19 XP bitcoin mining machines worth $879.06 million from Bitmain.
Australia's First Bitcoin ETF to Launch on Apr 27
Australia’s first bitcoin ETF will be listed on the Cboe stock exchange next week, The Australian Financial Review reported on Tuesday.
Paul Tudor Jones Says Bitcoin’s Price Path to Go Up, and “Cash May be Gone” in the Next 20 Years
Billionaire Paul Tudor Jones recently said in an interview that in the next 20 years, most people would be using some type of digital currency.
BlackRock Filings Signal the Giant Asset Management Firm Could Start Bitcoin Futures Trading
Blackrock investment management giant has filed documents with the SEC suggesting that the firm is set to dive into the crypto futures trading.
Musk Requests Dismissal of $258 Billion Dogecoin Pyramid Scheme Lawsuit
Elon Musk and his legal team have requested the dismissal of a $258 billion lawsuit accusing him of operating a pyramid scheme to promote the cryptocurrency Dogecoin. Musk's lawyers dismissed the lawsuit as a "fanciful work of fiction" in a federal court hearing on March 31.
Estonia to Strengthen Supervision of Virtual Asset Service Providers
Estonia has recently considered enacting new rules on encryption and proposed draft legislation that will strengthen the supervision of virtual asset service providers.
IMF Warns of Economic Instability in El Salvador Owing to Broad BTC Adoption
The International Monetary Fund has expressed its scepticism about the role of Bitcoin in helping El Salvador to maintain financial stability.
CleanSpark Purchases Over 1000 Mining Rigs to Strengthen Productivity
Nevada-based bitcoin mining company CleanSpark, Inc announced that it has acquired 1,061 Whatsminer M30S rigs at a steep discount, expanding its infrastructures to mine more Bitcoins.
Chaintope Establishes Public Blockchain Protocol to Overcome Governance Challenges
Chaintope, a Japanese blockchain startup, has developed a public blockchain protocol known as Tapyrus to tackle some of the governance issues currently being witnessed in the blockchain space. For instance, some of the challenges noted in public blockchains include privacy concerns and sluggish transaction speeds.
Hodling Bitcoin is the Trend Once Again, according to Santiment
New data by on-chain data provider Santiment reveals that dormant Bitcoin has been on the rise as the BTC hodling culture comes back into play.
Taiwan's Legislature Considers Virtual Asset Management Bill to Protect Consumers
The Taiwanese Legislature is deliberating on a new Virtual Asset Management Bill aimed at fostering better consumer protection and industry oversight. The bill, seen as moderate, outlines pragmatic mandates for VASPs while leaving room for further regulatory fine-tuning, marking a significant step in Taiwan’s evolving digital asset regulatory landscape.
USDC issuer Circle releases accountant-verified report
Circle's newest reserve report shows $44.5 billion USDC stablecoin assets.
Square Becomes Block a Week after Dorsey's Exit as Twitter CEO
Square Inc, originally a credit card-reader business, renames itself as Block Inc as it plans to broaden its services towards blockchain, music and cash transfers.
Oct 16 Trading Analysis: President Xi's Yawnfest...
In October last year, President Xi made a speech on blockchain that pumped Bitcoin over 40%. There was also some additional evidence for some "blockbuster headline" today with Shenzhen offering $10mil RMB worth of digital currencies to its people reported earlier in the week. Hence, the unusual expectations for Xi to announce something related to blockchain or BTC today. Unfortunately, he did not pump our bags. Instead, he was trying to hype Shenzhen as a serious contender to HK. Boring.
Mode: The First UK-Listed Institution to Purchase Bitcoin as Part of its Treasury Investment Strategy
Mode has recently become the first UK publicly-traded company to purchase a significant amount of Bitcoin as part of its treasury investment strategy.
Bitcoin Analyst: Bitcoin Futures Do Not Manipulate Bitcoin Price In Spot Market
According to a Bitcoin analyst, PlanB, creator of one of the most accurate Bitcoin price models, on April 7, 2020, claimed that Bitcoin Futures do not affect the price of Bitcoin in the spot market. In his tweet, he said that Bitcoin prices stayed within the S2F bands even when Bitcoin was at its all-time-high (ATH) in December 2017 which many people claim was suppressed by the introduction of Bitcoin Futures in Chicago Mercantile Exchange (CME) in 2017.
Iranian Power Plants to Supply Surplus Power to Bitcoin and Crypto Mining Farms
Power plants in Iran are considering supplying surplus electricity to Bitcoin and cryptocurrency mining farms in the nation.
El Salvador’s Bitcoin adoption Takes Effects Soon, Possibly Boost the BTC’s price, Analysis Predict
The adoption of Bitcoin as legal tender in El Salvador will be effective tomorrow. The market concerns if the new measure would further stimulate the surge of Bitcoin’s price.
Social Dominance on Bitcoin Takes the Lead, BTC Addresses Created Hitting 1 Billion
Bitcoin continues to be the talk of the town based on high social dominance levels, according to Santiment.
Thailand to Revive the Tourism Sector by Attracting Wealthy Crypto Holders
The Tourism Authority of Thailand (TAT) is going an extra mile of targeting crypto holders, especially those from Japan as it seeks to revamp the nation’s tourism sector in the post-pandemic era
U.S. Air Force Files Trademark Application for Digital Metaverse 'SpaceVerse'
The U.S. Air Force (USAF) files a trademark application for "SpaceVerse" with the U.S. Patent and Trademark Office to expand military training into the metaverse.
Canadian Financial Company TMX Group to Launch First Crypto Futures This Year
Canadian financial services company that operates equities, fixed income, derivatives, and energy markets exchanges TMX Group said it will launch its first crypto futures product later this year.
Swiss Startup dua.com with 5M+ users officially lists on AllianceBlock Fundrs platform
The DUA token is set to become the first project to list on AllianceBlocks peer to peer participatory funding platform. Dua is powering the internal economy and matchmaking experience of international migrants, expats and diaspora communities.
Panama Congress Passes Crypto Regulation Bill
Panama’s legislature voted 38 in favor, 2 abstentions, and none against a bill to legalize the use of cryptocurrencies on Thursday.
33.41 Million BLUR Tokens Transferred to Coinbase Prime Following Unlock
Coinbase Prime's integration of BLUR sees significant token transfers with over $22 million moved, mirroring market anticipation and strategic liquidity management.
Strike Secures $80m in Funding to Propel Instant Bitcoin Payments
Strike raised $80 million in funding to revamp BTC payments for top financial institutions, marketplaces, and merchants.
Tsinghua University Opens First Metaverse Lab in China
Tsinghua University has launched China's first metaverse laboratory, dedicated to studying the growth and expansion of the new digital industry in the country.
Bitcoin Investors Owning Coins Aged Between Two and Five Years Hold Over 22.9% of BTC Supply
As Bitcoin continues consolidating between the $30K and $40K range, BTC investors holding coins aged between two and five years are still confident about their investment.
Coinbase to Suspend XRP Token Trading in January as SEC Sues Ripple
Coinbase cryptocurrency exchange will delist XRP, following the US Securities and Exchange Commission (SEC)’s lawsuit against Ripple.
Facebook’s Libra Co-Creator Thinks Bitcoin is Not a Currency
Speaking as a guest on CNBC, David Marcus initially talked about Libra setbacks, stating that Libra, Calibra, and Facebook would need time to allow digital money access and services to form for users around the world as well as his thoughts on BTC.
BlackRock's iShares Bitcoin Trust Soars, CEO Fink Bullish on BTC Future
BlackRock CEO Larry Fink expresses optimism for Bitcoin as the iShares Bitcoin Trust (IBIT) records historic growth with $13.5 billion inflows in 11 weeks.
Coinbase Crypto Exchange to Support CBDCs in the Future as Long as They Meet Listing Standards
Brian Armstrong, Coinbase's CEO, has stated that the crypto exchange was open to the idea of supporting central bank digital currencies (CBDCs) on its network in the future.
AAG Partners with World Leading Blockchain PR & Marketing Firm MarketAcross
AAG is thrilled to announce a partnership with the world’s leading blockchain PR and marketing firm MarketAcross to raise the visibility of AAG and its upcoming product launches.
U.S. Treasury Secretary Janet Yellen Urges Stricter Crypto Regulations amid Legal Cases Against Coinbase and Binance
In light of the rising legal cases against major cryptocurrency platforms Coinbase and Binance, U.S. Treasury Secretary Janet Yellen called for enhanced regulation to protect cryptocurrency users and investors.
Breaking: 299,998 ETH Transferred to Coinbase
Coinbase has just received two significant Ethereum (ETH) transfers, totaling 299,998 ETH, or approximately $486,482,166 USD.
Dogecoin (DOGE) now Available for Purchase at 1,800 ATMs in 45 US States
Dogecoin, the meme-based cryptocurrency, can now be purchased directly from Coinflip ATMs in 45 of the 50 US states.
Bitfinex: The Crisis Tested Liquid Exchange King for Bitcoin and Ethereum Trading
During the March 12 stock market crash instigated by the coronavirus pandemic’s disruption to the world economy, cryptocurrency exchanges experienced a massive sell-off of Bitcoin and Ethereum. When the liquidation panic finally settled down, Bitfinex emerged as one of the few exchanges that had been able to take the extreme volatility in stride.
Institutional Bitcoin Buying Could Push Price to $45K, What Happens When They Start Taking Profits?
Bitcoin surged over 300% in 2020 on a wave of institutional buy in—but what happens when institutions decide to sell in 2021?
Xiao Yi: Mastermind Behind 2021's Biggest Bitcoin Crash Receives Life Sentence
Former Jiangxi Provincial Political Consultative Conference member Xiao Yi sentenced to life imprisonment for bribery and abuse of power, linked to Fuzhou Chuangshi Company's Bitcoin mining.
Bitcoin Mining in China Dropped before the Latest Crackdown
New research conducted by the Cambridge Centre for Alternative Finance (CCAF) shows that Bitcoin mining in China has already nosediving even before the government started cracking the whip on crypto mining in May.
Middle East Eyes for Strong Potential Cryptocurrency Market
More Middle East countries are taking a bet on cryptocurrency, despite its high volatility nature, which may beat investors.
Dogecoin Skyrockets after Musk Announces Acquisition of Twitter for around $44bn
Dogecoin was up to more than 20% after Musk made a $46.5 billion takeover offer on Monday for a 9.2% stake in Twitter and completed a physical acquisition.
KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security
One of the big four accounting firms, KPMG estimated that at least $9.8 billion in cryptocurrencies have been stolen by hackers since 2017 due to security issues or poorly written code. According to the KPMG report, the cryptocurrency market will need to see huge improvements for the $245 billion industry to keep growing.
Stablegains Sued for Allegedly Misleading Investors
Stablegains, a DeFi yield platform that closed in May, is being sued in California.
Valkyrie Files Application to List Bitcoin ETF Focusing on Mining Firms
American asset and index fund manager Valkyrie has filed an application with the U.S. SEC to list a Bitcoin ETF product that will track the shares of companies directly investing in Bitcoin mining.
Sequoia Software Firm to Pay Employees in Bitcoin
United States-based Sequoia Software Firm is the latest to offer its employees the option to receive part of their salaries in Bitcoin.
UK to Unveil Plans for Crypto Regulation, Eyeing Stablecoins
According to CNBC, the U.K. government will announce a cryptocurrency regulatory regime in the next few weeks, with a focus on stablecoins, and the details of the plan are still being actively discussed.
Cambridge Report: 77% of Enterprise Blockchains Are Not 'Truly Transformational'
Following on from its initial 2017 Global Blockchain Benchmarking Study, the new study underlines the significant changes in the industry landscape since the initial version. According to the findings, the new report states, “Two years ago, the industry landscape was mostly dominated by half-hearted experiments and short-lived proofs-of-concept – often announced with great fanfare and publicity – the hype has gradually given way to genuine development of sustainable blockchain networks that are increasingly being deployed in production environments.”
Bitcoin Rebounds Strongly after Hitting a 7-Week Low
Today, Bitcoin (BTC) rebounded strongly to $53K after plummeting to a low of around $47,000 on April 25.
University of Utah Paid Out $450k to Ransomware Gang to Prevent Student Data Leak
The University of Utah paid a hefty sum of $457,059.24 to a ransomware gang to prevent compromised student data from being leaked online.
India’s Crypto Bill Hearing Postponed by Supreme Court
The Indian supreme court has set a new date to hear the crypto case, which was originally scheduled for July 23. The purpose of the hearing was to address the writ petitions against the central bank’s crypto restriction.
Crypto startup Worldcoin Raises $100m through Token Sales, Worth $3 Billion
Crypto startup Worldcoin is raising $100 million, which owns about $3 Billion worth of cryptocurrency tokens in total, according to the report from The Information.
Mercado Libre Injects Liquidity into Crypto Firms Paxos & 2TM
Mercado Libre, a publicly traded retail giant based in Argentina, has injected an undisclosed sum of money into two regional cryptocurrency-focused firms, Paxos and 2TM Group.
Ethereum To Become a Deflationary Asset and See Its Supply Reduced with Proposed EIP 1559 Upgrade
Ethereum has a planned upgrade for July through which its cryptocurrency supply will be reduced. This is bullish for the price of ETH.
Bitcoin Slips to $35.7K as Daily Active Addresses Hit a 5-Month High
Bitcoin (BTC) entered the weekend in the red after dropping to the $35.7K level based on a high number of daily active addresses, according to market insight provider Santiment.
NYSE Owner Purchases Stake in tZERO
New York Stock Exchange's (NYSE) parent company Intercontinental Exchange Inc (ICE) announced the purchase of a stake in tokenized securities venue tZERO.
US Government at a Loss of $9.9 Billion Due to Auctioning of Bitcoin
The US Government has forfeited as much as $9.9 billion in gains from its Bitcoin auctions.
May 25: Negative Rates Eating the World (but not Crypto)
Like Chinese ADRs in the US, it's a sea of red for crypto with Bitcoin down more than 5% in the past 48 hours as it fails to hold above 9k & 8.8k where stops got triggered. No news or catalyst but the lack of bulls to follow through was evident through the volume, and perhaps over this long weekend that the usual buyers haven't been able to pile onto their longs.
Crypto-financial Lender Babel Finance Secures $80m in Series B Funding, Valuated up to $2Bn
Hong Kong-based crypto-financial lender Babel Finance has raised $80 million in Series B funding at a valuation of $2 billion.
Dual Miners Launches Dual Miners with SHA-256 and Scrypt
Chip design and the manufacturing company Dual Miners announced the launch of SHA-256 and Scrypt, as the first dual-mining machine hardware equipment worldwide, which is expected to be more energy efficient than other algorithms.
Grayscale Investments Buys more ETH as Ethereum Price Shoots to New All-Time High of over $1550
While Ethereum has soared to hit a new all-time high above $1550, Grayscale Ethereum Trust has made a move to buy more Ether (ETH) coins.
MakerDAO, on the Significance of Multi-Collateral Dai and Dai Savings Rate
In part two of our interview with Gustave Arentoft, Business Development, Dai Speaker, MakerDAO: he shared with us the significance of the launch of multi-collateral DAI and Dai Savings Rate (DSR), as well as his favourite Dapps which integrates DSR.
Bitcoin Price Fundamentals Show Bullish Divergence, Ethereum to Follow Closely
Bitcoin’s hashrate also reached a new all-time high this week, with the average hashrate surpassing 140EH/S.
Nasdaq to Offer Institutional Crypto Custody Services
Nasdaq Global Select Market is reportedly on track to dive deeper into the digital currency ecosystem, with preliminary plans to offer custody services of Bitcoin and Ethereum for institutional clients.
How To Start Trading Cryptocurrency?
The cryptocurrency market is full of pitfalls. It's possible to lose money by storing Bitcoin, buying and selling it, and making transactions on and off the exchange. How to get acquainted with this new type of assets, how to avoid losses and develop your trading skills?
Mt. Gox Double Payment Error: Creditors Urged to Return Overpaid Funds
Mt. Gox, a former Bitcoin exchange, paid creditors twice during its settlement process, causing mixed reactions among creditors and underscoring the complexities of the decade-long aftermath.
Hong Kong Blockchain Startup Bitspark Announces Closure Amid Coronavirus Outbreak and Protests
Bitspark, a blockchain remittance startup based in Hong Kong recently announced its abrupt closure, stating internal restructuring issues.
Why Grayscale's SEC Victory Is Unlikely to Benefit Bitcoin and Crypto Markets in the Long Run
The US Court of Appeals ruled in favor of Grayscale Investments, ordering the SEC to review its Bitcoin ETF application. This decision has boosted Bitcoin prices but may not provide long-term benefits due to inconsistent market reactions and declining trading volumes.
What’s Different About Cryptocurrencies This Time Around?
Even people who haven’t been paying all that much attention to the markets over the last several months are likely aware that cryptocurrencies are one of, if not the hot investment topic.
Bitcoin Crosses $20K Mark, as Whales Continue to Accumulate Tokens
After slipping to lows of $18,000, Bitcoin has gained momentum and crossed the psychological price of $20,000.
Bitcoin Continues Trading above 50-Day MA, Indicating Bullish Sign
Bitcoin remains above the 50-day moving average, despite shedding off some value over the last 24 hours.
Frax Finance has voted to fully collateralizing
Frax Finance decided to completely collateralize the $1 billion capitalization Frax stablecoin.
Deepfake Dangers: Michael Saylor Alerts Followers to Emerging Bitcoin Scams
MicroStrategy Chairman Michael Saylor warns of deepfake scams on YouTube, using AI to mimic him promoting Bitcoin giveaways. He stresses the need for vigilance and verification to protect against these sophisticated frauds.
New clause in South Africa's advertising code for cryptocurrency
South Africa's Advertising Regulatory Board now covers cryptocurrencies. Ads must "expressly and plainly" warn investors of money loss. They must also provide balanced information on product returns, features, advantages, and dangers.
Nearly a third of Women Plan to Buy Crypto in 2022, Says BlockFi
Crypto financial services firm BlockFi has released the third edition of its Real Talk quarterly survey, suggesting one-third of women plan to buy crypto this year.
Close your next big deal at ChainPoint!
The next remarkable blockchain conference - ChainPoint 19, will take place on October 14-15 in Yerevan, Armenia - the innovation powerhouse of the region.
Mainstream Adoption of DeFi and DLT Is Coming, It Will Replace Banks, Says US Currency Comptroller
The US acting Comptroller of the Currency disclosed that roles played by banks will soon change due to cryptocurrencies and decentralized finance (DeFi).
Whales are Depositing Bitcoin on Crypto Exchanges - What This Means
Ki Young Ju, the CEO of on-chain analytic firm CryptoQuant, has revealed that whales are depositing Bitcoin on exchanges.
FTX's Bankruptcy Plan Leaves Customers Struggling Amid Crypto Market Revival
The contrast between FTX's ongoing bankruptcy proceedings and the broader crypto market's revival underscores the volatility and risks in the cryptocurrency industry.
Child Porn Darknet Sites Surge with Crypto-Payments as Korean Police Hunt "Nth Room" Clientele
The use of cryptocurrencies like Bitcoin and Ethereum has become the preferred payment for internet based human trafficking and depraved services, which include blackmail porn and child sexual exploitation according to forensics firm Chainalysis.
PwC: Establishing Policies for Blockchain Governance
In a whitepaper published by professional services firm, PricewaterhouseCoopers (PwC), explored the challenges that current distributed ledger technologies (DLTs) face, as well as the strategies that the market is developing to deal with the limitations.
Why Bitcoin Plunged to $42K before Spiking Back to $45K
Elon Musk's tweet on Bitcoin payments being halted at Tesla generated a plunge in Bitcoin's price. The cryptocurrency plummeted to $42K before recovering in price, following Musk's clarification on Tesla's Bitcoin holdings.
Litecoin Confirms MimbleWimble Test Network Set Later This Year, LTC Price Predictions are High
Litecoin’s core developer, David Burkett confirmed that the test network for MimbleWimble’s implementation is set for September this year. Litecoin features faster transaction verification times and improved storage efficiency compared to Bitcoin.
Bitcoin Hodlers’ Accumulation Continues, Ruble-Denominated BTC Volumes Hitting 9-Month High
Bitcoin hodlers remain unfazed despite the leading cryptocurrency recently hitting lows of $34,000 as they continue accumulating more coins.
Kimchi premium refers to when the price of BTC cheaper
CryptoQuant data shows that South Korea's Kimchi premium has fallen again, fluctuating between -0.24 and 0.01 between Feb. 17 and 19.
New York State Trust License - Fidelity’s Step Towards Mass Crypto Adoption?
Fidelity’s cryptocurrency investment arm, Fidelity Digital Assets (FDAS) has filed for a trust license in the state of New York according to several sources.
NY Fed New Rules Cast Uncertainty on Circle's Access to Reverse-Repurchase Program
The New York Federal Reserve has updated its rules for reverse repurchase agreements (RRP), potentially hindering Circle's access to the Fed's reverse-repurchase program. The Circle Reserve Fund is a money market fund only available to Circle and could be deemed ineligible under the Fed's updated guidelines.
Aptos Token Price Surged over 30% following First Week of Trading
The price surge is driven by three major factors: negative funding rates, VC support, and the market's recovery.
Crypto Lender Celsius Raises $400M as Investors Shun Regulatory Crackdowns
Kentucky-based digital asset lending platform Celsius Network has announced its latest $400 million fundraisers as led by WestCap and CDPQ.
Japan's Financial Giant SBI Group to Shut Down Crypto Mining Operations in Russia
Japanese financial giant SBI Group announced that it will shut down its crypto mining operations in the entire country of Russia.
Steemit & Dtube: Social Networking, Blogging, and Video Sharing in the Blockchain Era
Steemit and Dtube allow users to be rewarded for sharing content. These social media networks are decentralized and censorship-resistant.
Crypto Payments Ranks as Top Suggestion to Airbnb, Customers Request Better Service
Airbnb’s Co-Founder and Chief Executive Officer, Brain Chesky, said followers are asking the company for integrating digital currency payments ranks as the top suggestion.
Greenpeace's Bitcoin Art Piece Praised by Supporters
Environmental group Greenpeace commissioned an art piece dubbed the "Skull of Satoshi" to highlight the climate impact of Bitcoin mining, but the piece has been praised by Bitcoin supporters who want to adopt it as their mascot. The 11-feet-tall skull features the Bitcoin logo and red laser eyes, with "smoking stacks" made of recycled electronic waste to represent the fossil fuel and coal pollution caused by Bitcoin mining.
LocalBitcoins warns Tor Browser Users of Potential Bitcoin Theft
LocalBitcoins, a Finnish crypto exchange, recently warned its users about the potential cybersecurity risks connected to the anonymous browser—Tor Browser.
Nassim Taleb “Black Swan” Author and Famous Investor Is Getting Rid of His Bitcoin
Nassim Nicholas Taleb, the author of “Black Swam,” has changed tune on Bitcoin. The famous investor has revealed that he is dumping his Bitcoin because of what he said that the digital currency does not store value.
Ripple’s Token Outperforms Bitcoin and Ethereum, Why XRP Price Surged 110% in a Week
Ripple has emerged from the shadows, with its bull run that saw its XRP token more than double in price within a week span.
Bitcoin Price Falls Below $20,000 Following US Jobs Report
Bitcoin dropped 2% following the release of the job figures reported by the Bureau of Labor Statistics.
Binance CZ: We Have No Immediate Plans for a Chinese Yuan-Based Stablecoin
Recent announcements have created waves in the blockchain industry. Binance has been making its way around the world, enabling better adoption and an overall understanding of crypto. With China’s President Xi Jinping urging its nation to use blockchain technology and its development, how is Binance leveraging on new collaborations around the world?
Bitcoin Core Vulnerability Exposes Risks in Datacarrier Limits: NVD Flags Security Concerns
NVD has discovered a critical vulnerability (CVE-2023-50428) in Bitcoin Core, which allows datacarrier limit bypass and poses significant network risks, notably exploited by Ordinals.
Total Value Locked in DeFi Hits $30 Billion as Positive Sentiment Surrounds Cryptocurrency Market
The Total Value Locked (TVL) in DeFi has topped a new all-time high at $30 billion.
Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill
The State Duma of Russia passed a law regarding digital financial assets (DFA) in the financial bill’s third reading, which determined the fate of Bitcoin and other cryptocurrencies.
Schiff Warns Against Bitcoin ETF Hype as Hoskinson Reacts
Bitcoin critic Peter Schiff warns against Bitcoin ETFs due to limited utility and investment risks, causing Cardano's Charles Hoskinson to respond with humor, highlighting Schiff's early skepticism in 2024.
Bit.com Rolls Out USD Perpetual Trading for Diversification Purposes
To eliminate overreliance on a single type of stablecoin, Seychelles-based crypto exchange @Bit.com has rolled out USD perpetual trading, starting with BTC/USD and ETH/USD pairs.
Hong Kong Blockchain Week 2020: Setting DeFi and Blockchain Trends for 2021
During a week-long virtual event, speakers from institutions, businesses, regulatory bodies, innovative companies will evaluate the outcomes of 2020 for blockchain, technology and economy, and deliver valuable predictions about what will be trending in the nearest future.
4 Reasons Why Bitcoin Surged to $58,000
The Bitcoin price has shown green bullish candlesticks for the past 7 trading days. There are four reasons that can serve to explain why BTC's price is surging.
The Old World. What is going on with Digital Assets in Europe?
Europe is an enormous market of more than half a billion people. As small amounts up to 8 million euros may be raised without registration of the offering, it is a very attractive market for international projects looking to reach new investors for their security token offering.
Over 1,100 Suspects Arrested in China on Crypto-related Crimes
China took joint national actions to arrest more than 1,100 suspects involving committing crimes by conducting cryptocurrencies unlawful trading.
Bitcoin’s Significant Support Stands at $42.2K, Illiquid Supply Soars for 214 Days
Based on Bitcoin’s transaction history, notable support lies at the $42,260 as many addresses bought coins at this level.
Tech Billionaire Tim Draper Says Netflix Could Be the Next Fortune 100 Company to Invest in Bitcoin
After several speculations have been made regarding which companies would emulate Tesla’s Bitcoin strategy, Billionaire Tim Draper predicts Netflix may be the next big BTC investor.
Foreign Exchange Service Firm Midpoint Completes Acquisition of Blockchain World
UK-based Midpoint Holdings Ltd, an international payments and peer-to-peer foreign exchange service company, announced that it had completed the acquisition of Blockchain World Ltd.
No Significant Risk Exposure to FTX or FTT, Says Coinbase CEO
Coinbase CEO Brian Armstrong tweeted that Coinbase has no significant exposure to FTX and its platform currency FTT, as well as Alameda's exposure.
Crypto Prices This Week: Market Cap Stays above $1 Trillion, BTC, ETH, DOGE, SHIB, AR
The crypto market is generally higher at the start of this week but continues holding a sideways pattern.
MoneyGram CEO Sees Stablecoin As Future of Payments as Service Needs Grow
Stablecoins provide low-cost and easily accessible digital payments across international borders.
"Tim Draper's Bitcoin Diversification Advice"
Venture capitalist Tim Draper advises business founders to diversify their cash holdings by keeping at least two payrolls worth of cash in Bitcoin or alternative cryptocurrencies, along with other recommendations, in response to the uncertainty created by the collapse of Silicon Valley Bank.
CashApp Accepts Users to Invest their Earnings in Bitcoin
CashApp, one of the world’s most popular payment applications, has announced the integration of a new feature that will permit its users to convert their paycheck to Bitcoin automatically.
Franklin Templeton to Enable Money Fund Shares on Stellar Network
Global investment fund Franklin Templeton Investments filed a preliminary prospectus with the United States Securities and Exchange Commission (SEC) for a money market fund where shares would be recorded and tokenized on the Stellar Network.
Tron's Total Active Accounts Surpass 25 Million, Is TRX Undervalued?
Tron has attained a huge milestone with the total number of accounts on the protocol surpassing 25 million.
Bitcoin’s Percent Balance on Exchanges Hits a 3-Year Low Amid Open Interest Breaking the Record at $19B
Bitcoin’s percent balance on exchanges has been downtrending after hitting a three-year low of 13%.
Honduras Receives First Crypto ATM In Tegucigalpa, Following El Salvador's Step Foot
Honduras-based TGU Consulting Group has launched the first crypto ATM in its capital. The firm has plans to launch more ATMs to enable residents to deposit and withdraw cash from the ATMs.
CleanSpark Buys 20000 New Bitcoin Miners to Boost
CleanSpark bought 20,000 Antminer S19j Pro+ devices for $32.3 million to increase its mining capacity.
Why Stablecoins are Securing the Future of Crypto World
While the value of most cryptos has tremendously declined due to coronavirus outbreak, the demand for stablecoins seems to be on the rise.
Exclusive: Deloitte Blockchain Lab on the Three Areas of Collaborations with HKMA
We were delighted to interview Dr. Paul Sin, leader of the Deloitte Asia Pacific Blockchain Lab, who shared with us its development goals and the collaborations with HKMA across the Greater Bay Area and Europe.
Animoca Brands and Lympo partner with Play Magnus Group on chess-inspired blockchain game “Anichess”
Animoca Brands and its subsidiary Lympo, a leading global sports NFT ecosystem, announced today that they are developing Anichess in partnership with Play Magnus Group (PMG), a global leader in the chess industry that offers entertainment and e-learning services via its chess market brands. Anichess is a blockchain-based chess game with a play-and-earn ecosystem, and when it launches in 2023 it will merge the worlds of chess and GameFi to create superior gaming experiences.
Bitfinex Securities Launches El Salvador's First Tokenized Debt for Hilton Hotel Development
Bitfinex Securities, the first licensed digital asset provider in El Salvador, is launching its inaugural tokenized asset raise on the Bitcoin layer 2 Liquid Network to fund a new Hilton hotel complex at El Salvador International Airport.
Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain
The largest U.S. public pension fund, CalPERS increased its stake in RIOT Blockchain (RIOT), a Bitcoin mining firm, during Bitcoin’s sensational price surge at the end of 2020.
CNBC Survey: Most Millennial Millionaires Own Cryptocurrencies at 83%
Based on the technological innovations revamping the world like cryptocurrencies, millennials have been at the forefront to embrace them, as cited by CNBC Millennial Millionaire Survey findings.
MicroStrategy CEO Hodls 17,732 Bitcoins at an Average Price of $9,882 per BTC
MicroStrategy CEO Michael Saylor says he holds 17,732 bitcoin with an average cost of $9,882
Non-Zero BTC Addresses See Steep Climb amid $42K Emerging as Significant Support
More participants are joining the Bitcoin (BTC) ecosystem based on a sharp increase in non-zero addresses.
Is Bitcoin Experiencing Short-Term Pain Points for Long-Term Gain?
Despite the short-term pain being experienced in the BTC market, long-term holders remain solid in their investments.
EOS Foundation Signs MoU with Busan City to Boost Blockchain Investments
Following its recent partnership with crypto exchanges such as Binance, FTX, and Huobi to help develop the blockchain infrastructure in the city and the country, Busan, a city in South Korea, has now signed a memorandum of understanding (MoU) with not-for-profit organization, EOS Network Foundation.
Crypto Coalition Advocates for Bitcoin Emoji Adoption
Over 20 leading crypto organizations band together to petition for an official Bitcoin emoji, emphasizing its cultural impact on society.
UK Advancing Towards a Digital Pound: Exploring CBDC Feasibility
The UK's Bank of England (BoE) and HM Treasury are advancing into the second phase of exploring the feasibility of a digital pound, also known as "Britcoin." A final decision is yet to be made, with a focus on user privacy and coexistence with cash.
Celsius Says Bitcoin Mining Key to Restructuring Efforts, Repaying Debts
Celsius Network received approval from a U.S. bankruptcy judge to spend $3.7 million in construction costs at a new bitcoin mining facility to generate 'revenue' to repay their creditors.
Bitcoin Surpasses $30,000 Mark, Reaches New High in 2023
Bitcoin has exceeded the $30,000 mark, reaching a new high for 2023, with gains of almost 46% in the last month. Experts anticipate its price to rise as the United States Consumer Price Index (CPI) report on April 12 approaches. The Crypto Fear and Greed Index indicates the market's optimism, scoring 68 out of 100.
Crypto Leaders Praise United States SEC Inclusive Accredited Investor Definition, Some Think Its Not Enough
Is the SEC's new accredited investor rule inclusive enough? Crypto industry leaders debate.
London Hard Fork Saved Ethereum Users $844m in Transaction Fees via Base Fee Refunds
Since going live on August 5, the London Hard Fork or EIP 1559 upgrade sought to make the Ethereum network deflationary by injecting a scarcity parameter.
Alameda Research Minted Over $39 Billion USDT, Amounting to Nearly Half of Tether's Circulating Supply
Recent data analysis reveals that Alameda Research minted $39.55 billion USDT, nearly half of Tether's circulating supply. The findings underscore the significant role of major crypto trading firms in stablecoin operations, with a detailed examination of USDT's creation and redemption processes.
Bitcoin Ordinals Inscriptions Double
The number of Ordinals inscriptions on the Bitcoin network has almost doubled in the last eight days, largely due to the popularity of text-based inscriptions as the BRC-20 token standard. BRC-20 tokens currently have a total market cap of around $700 million, with experts predicting the market for "Bitcoin NFTs" may reach $4.5 billion by 2025.
American Teen Arrested and Accused as Ringleader of Twitter Scam Involving Bitcoin
Graham Ivan Clark, a 17-year-old from Tampa, Florida, has been arrested and accused of being the mastermind behind the Twitter hack that reaped at least $100,000 in Bitcoin from victims in a matter of hours.
Bitcoin Celebrates 13th Birthday as the Cryptocurrency Era Continues to Tick
On January 3, 2009, Bitcoin’s genesis block was mined, setting the ball rolling on what the crypto space would offer.
Canadian Court Extends Rare Order, Freezes up to $20M in crypto to 'Freedom Convoy'
In Canada, Ontario Superior Court has ordered to freeze millions of dollars and cryptocurrencies linked to organizers of the Ottawa 'Freedom Convoy' protest by obtaining a so-called Mareva injunction.
Cyberport: The Key Indicators for Startup Success in the FinTech and Blockchain Industry
Backed by the Hong Kong Special Administrative Region (HKSAR), Cyberport has the vision to be the hub for digital technology for Hong Kong. With its headquarters located in the south of Hong Kong Island, Cyberport is spearheading Hong Kong’s FinTech development. Blockchain.News met with Charles Lam, the senior manager of the FinTech and Blockchain Cluster at Cyberport; he explained to us the current FinTech and blockchain ecosystem in Cyberport and how it connects to the global FinTech network.
Uniswap Price Upward Pressure Remains amid Robinhood Listing
American trading platform Robinhood announced the official listing of Uniswap’s native UNI token in its crypto sector on July 14. The uni token has recovered somewhat, but upward pressure remains.
Exclusive: Does Forking Mechanism Allow for a Better Blockchain Governance Model?
Nathan Kaiser, Chairperson of the Cardano Foundation and a long-time lawyer in the technology sector, shares his views on the crypto regulatory issues in different jurisdictions and blockchain governance. In particular, Nathan examines whether forking mechanism allows for a better blockchain governance and the reason why “blockchain governance = community governance”.
US Treasury Secretary Janet Yellen Cites Crypto’s Growing Role in Terrorism Finance
US Treasury Secretary Janet Yellen said she sees the “promise” of cryptocurrency but also is wary of the reality that crypto is increasingly being leveraged to finance terrorism
Multichain CEO's Arrest Triggers Operational Freeze
In a series of unfortunate events, the Multichain protocol, a cross-chain router protocol, has been left in a state of uncertainty following the arrest of its CEO, Zhaojun, on May 21, 2023. The arrest led to a series of operational disruptions, including the revocation of operational access keys to the Multichain's MPC node servers, which were under Zhaojun's personal control.
SEC Warns of Risks of Investing in Bitcoin Futures for Mutual Funds
The SEC issued an official statement to warn investors of the risks of Bitcoin futures investment in mutual funds.
Tennis Superstar Naomi Osaka Says Dogecoin Prompted Her Interest in Crypto Investing
Tennis pro talented player Naomi Osaka has disclosed that dogecoin prompted her interest in crypto investing. She is now considering investing in cryptocurrency to make more fortune just like others who are giving a big shot to crypto assets.
Market Update: US Inflation Data Push Bitcoin Below the $19,000 Support Zone
A steep volatility trailed the September inflation data that was released by the BLS today. Bitcoin last seen trading below $19,000
Ether Price Keeps Rising to ATH, What’s Fueling the Ethereum Surge?
Ethereum keeps rising higher hitting a new all-time high of $1,689 according to CoinMarketCap. Where will Ether go from here and what’s fueling the surge?
Blockchain Security Firm Halborn Secures $90m in Series A Funding
Blockchain security firm Halborn has secured $90 million in Series A funding. However, the valuation of the Miami-based company has not been disclosed.
Binance Creates $1B Insurance Fund for Users Against Hacks
According to Bloomberg, the world's largest cryptocurrency exchange Binance has set up a $1 billion insurance fund for customers to double-protect the platform from hacking attacks.
Darknet Marketplace Empire Alleged to Have Exit Scammed with $30 Million Worth of Bitcoin
Darknet digital marketplace Empire Market appears to have exit scammed and made off with a hefty profit of 2,638 Bitcoin (BTC).
Ticketmaster Partners with Flow Blockchain to Mint Live Event Ticket NFTs
American ticketing company Ticketmaster announced that it will enhance the fan event experience through digital collectable NFTs, and will mint ticket NFTs for selected events on Dapper Labs' Flow blockchain, providing users with a new experience.
Welcoming the Future of Finance with Blockchain
Blockchain is not limited to creating cryptocurrencies like Bitcoin. In fact, it has the potential to entirely remodel every industry out there, including the financial institutions.
Huobi COO Reportedly Under Investigation, with $400M Sent to Crypto Exchange
According to Chinese Media, crypto exchange Huobi Chief Operating Officer (COO) Robin Zhu was under investigation by the Chinese police.
Bitcoin's Future Looks Bright as Kanye West Decides to Run for President 2020
On July 4th, Kanye West expressed his wishes to run for President in the 2020 presidential race. This is exciting news for Bitcoin, as Kanye has on several occasions expressed his support for the cryptocurrency.
Bitcoin Whale Addresses at an All Time High as Major Indicators Suggest Bullish Outlook for BTC
Bitcoin has seen a few major dips, and has recently recovered to trade in the $33,900 region recently.
Hardware Wallet Trezor Adds Crypto Purchase Service via MoonPay
Hardware wallet company Trezor on Wednesday partnered with Crypto payments company MoonPay to integrate the ability to buy cryptocurrencies.
Bitcoin Miners Move 54,000 BTC to Binance as Liquidity Drops
Recently, significant Bitcoin transactions have been observed in the market. According to Ki Young Ju, the CEO of CryptoQuant, Bitcoin miners have reportedly transferred a whopping 54,000 BTC to Binance over the last three weeks.
Fifth Belt and Road Summit draws to successful close
The fifth Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), drew to a successful close today. In response to the COVID-19 pandemic, this year’s summit was changed to an online broadcast. With the new virtual platform helping to overcome geographical boundaries, more than 6,000 participants from about 80 countries and regions attended the event.
Google Finance Pushes Crypto Further into Mainstream with Bitcoin, ETH, LTC Tabs
Crypto prices may be falling but mainstream interest is certainly rising as Google Finance adds a dedicated "Crypto" tab to monitor Bitcoin, Ether, Litecoin, and Bitcoin Cash.
Hacked Crypto Exchange KuCoin Back In Business With Crypto Deposit and Withdrawals
Following the hack of its platform resulting in a reported loss of over $150 million, KuCoin exchange is back in business after completing some wallet upgrades
Leading Kitchen Equipment Provider CKitchen Embraces Cryptocurrencies
To keep track of evolving market trends, CKitchen, a leading US-based kitchen and restaurant equipment provider, has rolled out a crypto payment option
Bitcoin Funding Rate Flips Positive as 2.1 Million BTC Return to Profitability
BTC funding rate flipped positive based on Bitcoin's upward momentum.
SHIB Beats DOGE, Leaping at No. 9 Ranking of Market Value
Shiba Inu now ranks No. 9 with a market value of over $38 billion, beating Dogecoin which ranks No. 10.
Central Bank of Russia Intends to Bring Crypto to Stock Exchanges
The Central Bank of Russia (CBR) is reportedly making plans to permit cryptocurrencies like Bitcoin to start trading on the nation’s regulated stock exchanges.
Kraken CEO: Drive behind Bitcoin and Tech Stock Adoption in 2020 Linked to Risk of Holding USD
Much like other leaders in the crypto industry, Kraken CEO and co-founder Jesse Powell believes that Bitcoin is a key investment and will continue to be one.
Paraguay To Introduce Bitcoin law, Draft Leaks details
Reportedly, a leaked draft copy shows the detail of the proposing Bitcoin law in Paraguay. The South-American country is expected to be another country worldwide to propose Bitcoin law after El Salvador, promoting Bitcoin as Fiat Money.
Square Invests another $170 Million in Bitcoin as Wave of Institutional Support Floods Crypto
Square has optimized on the temporary Bitcoin dip and scooped up more of the digital asset, buying approximately 3,318 Bitcoins when the cryptocurrency’s price was trading around $50,000.
CoinShares Acquires Additional Stake in Switzerland-Based FlowBank
CoinShares has further increased its strategic investment into Swiss-based online FlowBank to extend its market reach.
Best Before: 26 June 2020
What's going to be interesting is BTC options expiry as close to $1bn of open interest (or more than 100k BTC options) will set to expire today. Some have asked if we are gonna see any impact, I actually see little as most of the OI are skewed towards 10k and beyond, so I see little gamma action into the close as these calls are likely to expire worthless.
With Upcoming Interest Rate Hike from Fed, Is BTC's Current Rally Short-Lived?
Bitcoin has regained momentum and reclaimed the $23K level, but this begs the question if this uptick is short-lived, given that the upcoming interest rate hike from the Fed.
CME Group to Launch Options on Ether Futures
CME Group, a derivatives marketplace based in Chicago, announced that it will launch options on Ether futures on September 12 amid pending regulatory review.
Solana Elbows Tether to 4th Position amid NFT Secondary Sales Clocking $500M
Days after flipping Cardano (ADA) to become the fifth top cryptocurrency, Solana (SOL) is not relenting in its quest to scale the heights because it has dethroned Tether (USDT) at the fourth position.
Metaverse's MANA Token Price Leaps after Facebook Rebrand to Meta
The price of MANA token, a cryptocurrency that can be used in a metaverse has leapt 164% in 12 hours.
The Nascent Primary Market of Security Token Offerings
Now that the ICO market bubble ebbed away security token offerings (STOs) have emerged, allowing investment in regulated securities recorded on a blockchain according to new research from the Oxford Faculty of Law
Mizuho Securities Research: 65% of PayPal Users are Ready to Use Bitcoin
According to a research report released by Mizuho Securities, the majority of PayPal's users see Bitcoin as a payment means.
"Going to Moon Very Soon," Says Tesla's Elon Musk as Bitcoin Surges Past $60K
Bitcoin has surged past the psychological barrier of $60K, even touching $61K momentarily over the weekend.
Indian film studio Zee Studios has Partnered with Nftically to Launch the First NFT Drop on Polygon Blockchain
Indian film studio Zee Studios announced that it has partnered with the Software as a Service (SaaS) platform Nftically to launch its first-ever NFT drop on Polygon blockchain.
DCG's subsidiary Genesis Capital slapped with new class
Genesis Capital, a DCG subsidiary, faces a class action lawsuit. Digital asset lending clients filed the complaint. Genesis violated securities laws by providing unregistered securities.
BlockFi to Relaunch Yield Bearing Product in the US After SEC Settlement
Months after settling with the SEC, BlockFi has now re-introduced its yield product
Bitcoin Rallies As Tether FUD Clears and Square Reveals $170 M Purchase, But BTC Downtrend Not Over
The Bitcoin price has rallied as the Tether FUD clears and Square revealed an additional $170 million BTC purchase, however, analysis reveals the BTC downtrend is not over.
Marathon Digital Releases Q1Result, Generating 1,259 BTC with YoY Increase of 556%
Marathon Digital Holdings, Inc, one of the largest bitcoin mining companies in North America, announced that its bitcoin production output increased by 556% year-over-year to 1,259 BTC for the first quarter of 2022.
MicroStrategy's Saylor Hands Over CEO Role to Deputy, Focusing on Bitcoin Business
MicroStrategy founder Michael Saylor stepped down as CEO on Tuesday. Phong Le, who has been the company's president, replaced Saylor, who takes over the role of executive chairman.
Why Multicoin Capital Invested $5.7M in Squads Labs
Multicoin Capital discloses a $5.7 million investment in Squads Labs, bolstering the multisig standard on Solana. The funding accelerates Squads' blockchain-native custody infrastructure, spotlighting major upgrades like SquadsX and Squads (v4), which are set to redefine self-custody and on-chain capital coordination.
Recap on 2019 Blockchain Use Cases: Who Got Off the Ground?
A quick look at some of the most exciting blockchain use-cases of 2019.
Bitcoin Surges amid Tesla's Bitcoin Sales
After nosediving below the psychological price of $50k, Bitcoin (BTC) is back on top, gaining more than 9.7% in the last 24 hours.
$1.7M In QuadrigaCX Bitcoin Wakes After Years
ZachXBT tweeted on Dec. 19 about five wallets that moved 104 Bitcoin to multiple wallets. The wallets hadn't transferred Bitcoin since April 2018. Following Gerald Cotten's death in December 2018, QuadrigaCX filed bankruptcy in April 2019.
Bitcoin Bulls Might Trigger a Short-Squeeze Based on the $3K Intraday Gain
Bitcoin's $3K intraday gain has created a great setup for a short-squeeze by the bulls.
The Bitcoin mining community has experienced a 50% increase in revenue through mining
Bitcoin mining income dropped to $13.6 million on Dec. 28, 2022, putting pressure on mining businesses.
MicroStrategy Counting $162m Loss on BTC Holdings as Price Volatility Continues
Nasdaq-listed business intelligence and software firm, MicroStrategy Incorporated is sitting on a massive loss with respect to its Bitcoin, considering the bearish sentiments engulfing the market at the moment.
Riot Acquires Next-Gen Miners from MicroBT, Boosting Mining Capacity
Riot has made a groundbreaking move by entering into a long-term purchase agreement with MicroBT. This landmark deal involves the acquisition of 33,280 state-of-the-art Bitcoin miners manufactured in the United States by MicroBT.
Kickstarter's New Company Will Run on Blockchain Tech by 2022
Crowdfunding platform Kickstarter plans to unveil a standalone company to build a crowdfunding system based on blockchain technology.
MicroStrategy Q3 2023: 158,400 Bitcoin Holdings at $29,586 per BTC
MicroStrategy Incorporated reveals Q3 2023 financial results, highlighting continuous acquisition of bitcoin and AI software launch. The company's bitcoin holdings now stand at 158,400 with a total cost of $4.69 billion. Software Licenses and Subscription Services Revenues observed notable growth, indicating a positive trajectory in its business intelligence domain.
Bitcoin Adoption Accelerating in NGO Sectors Across Australia, Europe, And North America
NGOs are now cashing in on cryptocurrencies. A new report reveals that an increasing number of charities continue to adopt bitcoin cryptocurrency majorly across North America, Europe, and Australia.
DeFi Protocol Morpho Labs Raises $18m
DeFi protocol Morpho Labs has secured an $18 million funding round co-led by Andreessen Horowitz (a16z) and Variant.
Australians Lost Over $70M to Scam Crypto Investments in H1 2021
Australians continue to suffer from online scams. More than half of the $70 million in losses were to cryptocurrency, especially through Bitcoin, a study says.
Crypto Exchange Coinmetro Successfully Raises $7M
Crypto exchange Coinmetro has successfully raised $7 million in funding in a round backed by three angel investors and hundred shareholders.
Crypto Lets Anyone Invest in Early-Stage Ventures Previously Only Meant for the Rich, says Bitcoin Analyst
Market analyst Lark Davis sees cryptocurrencies as game-changers as they enable anyone to participate in early-stage financial ventures previously only reserved for the rich.
Ruffer Cashes Out Over $1 Billion Profits from Bitcoin Investment to Conservative Assets
Ruffer, a UK-headquartered asset management company, stated that the company started investing in bitcoin in November last year, and now it has similarly quickly made a profit of $1.1 billion from this encrypted digital currency.
Bitcoin Mining Revenue Reaches a 2020 Yearly High of $21 Million per Day
Bitcoin (BTC) mining revenue has hit a new 2020 record, with $21 million per day earned on November 18.
Coinbase Executives Stand Up for Crypto Staking Services
Crypto trading Coinbase officials deny its crypto staking services are securities.
Tesla Stock and Bitcoin Rebound with S&P 500, But Bitcoin Price and Crypto Crash Still Predicted
Tesla and Bitcoin’s price have both surged in the last 24 hours, however, chart analysis indicates that a Bitcoin price crash still looms for September.
Reasons Behind XRP's Surge to Top $1.90
XRP has been on a tear lately, rallying by more than 65% on a seven-day period to hit $1.90.
Would the U.S. Finally Approve Spot Bitcoin ETF in 2022?
With the US SEC approval of Bitcoin futures-based ETF in 2021, are investors right to be hopeful on an actual spot ETF this year?
Elon Musk says He’s “Off Twitter For a While” After Sending DOGE and BTC Soaring
Elon Musk is taking a break from Twitter after a few weeks of market-moving opinions on Dogecoin and Bitcoin.
Janet Yellen Urges Regulators to Move Fast on Regulating Stablecoin Rules
US Treasury Secretary Janet Yellen pushed top US financial regulators to speed up regulations of stablecoin cryptocurrencies.
Blockstack Breaks New Ground with Proof of Transfer (PoX) Consensus Mechanism, like PoS Without the Risk
Blockstack recently released a white paper for a new blockchain consensus mechanism called Proof of Transfer (PoX). The mechanism is for blockchains piggybacking off the Bitcoin blockchain or other PoW networks, and would require miners to commit BTC to secure the block rather than proof of work.
Coinbase is Safest Crypto Exchange Overall: BrokerChooser
On a scale of 5, Coinbase received 4.1 for the overall safety score. The exchange was also ranked as a tier 1 for other sub-categories.
Binance Japan Announces Launch Details, Set to Become Top Domestic Exchange with 34 Cryptocurrencies
Binance Japan announced plans to launch in August with 34 cryptocurrencies, surpassing domestic rivals. The offering includes unique features but excludes leverage trading.
EU Agreement on MiCA May Not Favor Stablecoins
After much deliberation and compromises from the European Commission, Assembly, and Council, a final agreement that builds the comprehensive framework for the digital currency ecosystem has finally been made
Kazakhstan to Secure $700 Million Funds to Boost its Bitcoin and Crypto Mining Projects
Kazakhstan's government is trying to secure a $700 million investment and reports that it is on track with its crypto mining farm project.
21Shares Debuts First Physically-Backed Bitcoin ETP on Nasdaq Dubai
The Middle East gets a physically-backed Bitcoin exchange-traded product following 21Shares Bitcoin ETP listing on Nasdaq Dubai.
Polkadot (DOT) Continues on Bullish Momentum, Becoming the Sixth-Largest Crypto by Market Cap
The Polkadot (DOT) token was invited to major exchanges earlier this week and has recorded an ROI of more than 80 percent in the past four days.
HSBC Successfully Executes First Blockchain Letter of Credit in Malaysia
HSBC announced its successful execution of a pilot live blockchain letter of credit (LC) transaction in Malaysia on Oct. 14.
BlackRock Launches Bitcoin Private Trust after Building Partnership with Coinbase
Days after BlackRock entered into a partnership with Coinbase to offer its institutional clients access to crypto trading services, the firm announced the launch of a spot Bitcoin Private Trust.
Coinbase's Base Bootcamp Launches to Address Onchain Developer Shortage
Base, an Ethereum layer-2 network, has announced the launch of Base Bootcamp, an eight-week, cohort-based program aimed at transforming experienced software developers into smart contract developers. The initiative comes as the blockchain industry faces a significant talent gap, with fewer than 30,000 onchain developers compared to nearly 30 million traditional software developers.
Ethereum Supply in Smart Contracts Hits ATH of 28%
Ethereum’s demand in smart contracts continues to scale the heights.
Interest Rise among Investors towards US Startups as China sees Crypto Crackdown
Since the crackdown of cryptocurrencies in China earlier this year, more crypto and blockchain startups in the U.S. than in Asia are receiving support from venture investors for the first time in four years.
Swyftx Lays Off One Out of Five Staff on Account of Crypto Winter
Australian cryptocurrency exchange known as Swyftx with its location in the Brisbane region has announced that it is cutting down on its staff strength by 21% which means that it would be letting go of up to 74 of its staff
Crypto Expert Explains the Fear and Excitement in CAR of Accepting Bitcoin as Legal Tender
Exclusive Interview: Blockchain.News invites Marie Tatibouet, the Chief Marketing Officer, at Gate.io cryptocurrency exchange, to discuss the pros and cons of Bitcoin adoption in the Central African Republic and propose a way how crypto can be adopted in the region.
Despite Current Turmoil, Crypto will Rise Again Based on its Own Model - Pantera CEO
Dan Morehead CEO of Pantera Capital has shared his view on the current state of the blockchain economy in a recent interview with Real Vision’s Co-founder & CEO Raoul Paul
Carbon Offsetting for Blockchains & Beyond: Regen Network Launches Carbon Marketplace
Regen Network Development released its marketplace application for tokenized carbon and ecological assets, Regen Marketplace. Regen Network allows carbon project developers to originate high-quality nature-based carbon credits to markets, catalyzing regenerative finance solutions to the climate crisis. Regen Marketplace takes advantage of Regen Ledger, the application-specific blockchain which brings transparency and public governance to voluntary carbon markets, built on the CosmosSDK.
Finality: A Necessary Condition for Blockchain Applications in Finance
Settlement finality is critical in the world of traditional finance. The same applies to decentralized finance built on distributed ledger technologies (DLT).
Solana's Wallet Phantom has Secured a $109M Series B Investment Led by Paradigm
Solana’s wallet Phantom has secured a $109 million Series B investment led by cryptocurrency firm Paradigm.
OpenSea CFO Resigns Less Than One Year After Joining
Opensea Chief Financial Officer Brian Roberts resigns from the NFT marketplace company and says he is still staying as an ‘advisor’ to the company.
Bitcoin's Consolidation Continues amid Addresses Holding BTC Scaling the Heights
Bitcoin has consolidated between the $38K and $45K zone for the past two months, as indecisiveness continuously rocks the market, even though BTC addresses continue going through the roof.
CoinShares Acquires Valkyrie ETF Business, Expanding U.S. Footprint
CoinShares completes its strategic acquisition of Valkyrie ETF Business, enhancing its U.S. market presence and increasing global AUM.
Crypto Market Loses Around $170 Billion in the Last 24 Hours as Bitcoin Price Drops
After topping a market cap of $1 trillion last week, the crypto market has since plummeted, wiping out nearly $170 billion in the last 24 hours.
Crypto Firms Report Funds Tied Up with Shuttered Signature Bank
Crypto firms including Coinbase, Paxos, and Celsius have reported funds tied up with Signature Bank, which was shut down by New York regulators due to concerns about systemic risk. While some firms expect to recover their funds in full, others have disclosed only that they had exposure to the bank. Other firms in the crypto industry have reassured customers that they had no exposure to Signature Bank.
“Bitcoin Better Investment than Gold," Winklevoss Says to Dave Portnoy Over Talks on Elon Musk’s Plans to Mine Gold in Space
In their interview with Dave Portnoy, Tyler and Cameron Winklevoss advised the "Davey Day Trader" to invest in Bitcoin rather than gold.
Analysis: Here is What the New Crypto Bill Mean for the Blockchain Ecosystem?
What are the implications of the newly introduced US Crypto Bill? Blockchain.News recently spoke to crypto experts to comment on the consequences of the bill, and tell us what advantages might bring to the industry.
Bitcoin Miner Gryphon Announces the Purchase of 7.2K Antminers S19J Pro from Bitmain for $48M
The bitcoin mining company Gryphon Digital Mining announced that it has purchased 7,200 S19J Pro ant mining machines manufactured by bitcoin mining machine manufacturer Bitmain Technology Co., Ltd for $48 million.
Whales Holding More Than 10,000 BTC Continue Accumulating More Bitcoin
On-chain metrics provider Santiment has noted that Bitcoin whales are taking advantage of the current raging market to accumulate more Bitcoin.
BTC Miner Bitfarms' Energy Capacity Touches 21% in July
Bitfarms' increase in energy capacity reached 166 megawatts following the firm's completion of the second phase of construction at a location in Canada.
Lido Launches Layer-2 Ethereum Staking And 150,000 LDO Tokens In Rewards
Lido is now live on layer-2 solutions, Arbitrum, and Optimism, and would allocate 150,000 LDO tokens in rewards per month from Oct 7 for wstETH across each network.
Walmart to Launch its own Crypto and Collection of NFT
US retailer Walmart is actively engaging in Metaverse, with documents filed with the US Patent and Trademark Office late last month, showing that the company is preparing to create its own collection of crypto and NFTs.
Is Soaring US Inflation Rate Hurting Bitcoin's Revival Chances?
Key inflation data in the U.S. for June was just released by the Bureau of Labor Statistics on Wednesday, what kind of consequences to the development of cryptocurrency?
Lekki Free Zone Set to Partner Gluwa On Blockchain Technology
As part of a drive to strengthen its contribution to the Nigerian economy, the Lekki Free Zone Development Company (LFZ) is in talks with Gluwa, a blockchain technology company. The pair are looking to partner and use blockchain to foster trade collaboration, growth, and sustainability among new and existing Free Zone enterprises. The partnership would also explore the creation of a Virtual Free Zone within the Lekki Free Zone.
The Rise of Massively Multiplayer Online Games Being Built on Blockchain
Massively Multiplayer Online (MMO) games have existed for a long time, but these games currently suffer from the same inherent flaws as many other online assets: centralization. Blockchain technology is slowly emerging as a disruptive force in the market, resolving troublesome issues like in-game cheating, and restoring freedom for players around the globe.
Bitcoin Needs to Break $44.5K Resistance, before Pushing Forward to $48K Level, says Analysis
Bitcoin needs to break through $44,500 so that the current range can be shattered, which will be instrumental in driving the price to the $48K area.
Bitcoin, Ethereum, Chainlink, and Ripple XRP Regain Strength Amid Price Correction
Bitcoin, Ethereum, Chainlink, Ripple, and Litecoin are regaining their bullish momentum despite plummeting after a price spike.
U.S. Inflation Hits a 30-Year High - Is Bitcoin Cementing its Status as an Inflation Hedge?
With Bitcoin continuously smashing historic highs one after another, is the top cryptocurrency showcasing its safe-haven capabilities?
VERTU Paris announces new smartphone available only through the purchase of an NFT
To celebrate the brand's 22nd anniversary, VERTU Paris is unveiling the new VERTU Constellation X Ulm™ smartphone through an exclusive sales process. For this occasion, VERTU will set up a unique launch operation on Monday, June 20th. Only 10,555 smartphones will be available for sale via the purchase of an NFT, on the official Vertu Paris website.
Bitcoin SV Network Suffered a Large-Scale 51% Anonymous Attack
Cryptocurrency data analyst CoinMetrics found that the Bitcoin SV network suffered a 51% attack anonymously through its regular monitoring tool FARUM on Tuesday.
Voyager Digital announces the listing of Elrond Gold token
Voyager digital has just listed the Elrond gold token on it’s exchange
Startup Nilos Raises $5.2M in Funding Round for Business Development
Nilos has announced that the funds will be used for bringing in new clients, finance research and development, and building the sales and marketing team.
India Darknet Policing Ramps Up Following Drug Racket Arrests
Law enforcement agencies in India are teaming up with national research and academic institutions to enhance their ability to police the darknet.
XRP Surges Back in to Top 3 on CoinMarketCap Fueled by Coordinated Buying Attack
Ripple's associated token XRP has broken back into CoinMarketCap’s top three cryptocurrencies by market capitalization.
Institutional Investment in ETH Turns Positive, with Inflows for Four Weeks in a Row
According to digital asset management firm Coinshares, inflows into Ethereum crypto investment products reached $120 million over the past week (the week ended July 15); the last time this happened was in June 2021.
Bittrex Exchange Halts Services In 31 Countries Due To Regulatory Risk
Bittrex, a U.S-based blockchain platform that provides real-time trade execution, dependable digital wallets, and industry-leading security practices, has just recently announced the shutdown of operations in 31 countries of the world.
Crypto Markets Surges above $1T in Valuation, What Lies Ahead?
With Bitcoin growing to its highest point in a month after slumping as low as its 18-month performance last month, speculations are now mounting with respect to the possibility of the industry slowing and easing out of the menacing crypto winter.
Stablecoins Hit $20 Billion by Market Cap Milestone, More Investors Favouring Tether as Hedge
Stablecoins have made incredible crypto gains, achieving a milestone of $20 billion per market capitalization in September.
Indian Finance Minister Urges Banks to Use Web3 Technology to Detect Fraud
Indian Finance Minister Nirmala Sitharaman called on banks to use technologies such as Web3 and AI to detect fraud and generate early warning signs at the 75th Annual General Meeting of the Indian Banks Association in Mumbai on September 18.
Understanding the Market Structure of Oil and its Correlation with Bitcoin
The price of crude oil dropped below zero for the first time in history. With storage facilities filled to the brim and settlement of May futures contract on Tuesday, the price movement has shocked many. In this analysis, we study the recent history of oil, what drives it price and how it affects Bitcoin.
Bitcoin Edges Close to Hit the 200-Day Moving Average
Market analyst Lark Davis disclosed that Bitcoin's regained momentum has pushed the top cryptocurrency closer to the 200-day MA.
Twitter Sued Amid Musk's Plans to Lay Off 50% of Employees
Elon Musk may have to battle a new class action lawsuit over alleged Twitter staff layoff
Unlicensed Bitcoin Exchange Operator Faces Up to 5 Years in Prison in the US
William Green, a 46-year-old American citizen of New Jersey has been indicted on one count of operating an unlicensed money transmitting business through his website, Destination Bitcoin.
ProShares to Expand Cryptocurrency Offerings with Five Innovative Bitcoin ETFs
ProShares plans to launch five innovative Bitcoin ETFs, offering leveraged and inverse exposure to Bitcoin through the Bloomberg Galaxy Bitcoin Index, marking a significant development in cryptocurrency investment vehicles.
Bitcoin’s Supply Squeeze May Just Start after BTC Surpassed $40K Level
Bitcoin has surpassed above 40K before falling back above the $36.8K level. On-chain analyst Will Clemente believes that BTC’s supply squeeze is just getting started.
Tezos Looks Set to Beat Bitcoin In 2020
Minor cryptocurrency Tezos is making serious gains and is on track to rival bitcoin this year.
Bitcoin Sees Massive Pullback as Addresses With More Than 1K Coins Reach One-Month Low
Bitcoin is seeing a price correction as the number of BTC whales is reducing, but the market has nothing to fear as institutional investors are still holding down the fort.
The Fight for Freedom: Bitcoin and Hong Kong Battle Old World Control
Financial systems and governments clash. Hong Kong and Bitcoin fight for Freedom.
Bitcoin’s Market Capitalization Bigger Than Tesla and Ford Combined
Bitcoin's latest bull run has placed its market cap above that of Tesla and Ford Motors combined as BTC total market cap exceeds $865 Billion.
Bruno Le Maire Insists He Cannot Support Facebook’s Libra
Since the social media giant, Facebook announced its plan to launch its digital currency known Libra, one critic has repeatedly made his opinion known. Bruno Le Maire cannot and will not support the stablecoin project.
Web3 Startup Mysten Labs Seeks $200m in Series B Financing, Closing Valuation at $2B
Mysten Labs, a crypto startup founded by former Meta executives, is closing a Series B round that could value the company at $2 billion. Reportedly, the company is seeking at least $200 million in funding.
New York Attorney General Recovers $1.7 Million from CoinEx for Operating Illegally
New York Attorney General Letitia James has successfully recovered over $1.7 million from CoinEx (COINEX) following a lawsuit against the cryptocurrency platform. CoinEx was found to be operating without the necessary registration as a securities and commodities broker-dealer and falsely representing itself as a crypto exchange.
ETH Price Plunges as Ethereum Gas Fees Make DeFi Unusable
Ethereum’s surging gas fees continue to raise concern—making DeFi all but unusable for the average trader and the ETH price falling drastically to $1,580.63 last night.
LocalBitcoins Deploys Elliptic’s Blockchain-Powered Tracking Tools for Enhanced Surveillance
Leading peer to peer (P2P) Bitcoin trading platform LocalBitcoins has partnered with Elliptic, a global provider of crypto asset risk management solutions, to tame the headache of its illegal usage through blockchain-enabled monitoring tools.
BlockFi Files for Spot Bitcoin ETF in the U.S.
BlockFi, a United States-based cryptocurrency lending platform has filed for a spot Bitcoin Exchange Traded Fund (ETF) product with the Securities and Exchange Commission (SEC).
Bitcoin Mining Difficulty Hits One Month High
The Bitcoin mining difficulty has increased for the third time in a row, reducing miners profitability.
Crypto Assets Mark Cap Sinks by $800bn within a Month
Crypto assets market lost $800 billion in terms of market cap within a month, Bitcoin continues to suffer from the bearish sentiment, battling at the key technical levels - $30,000.
Solana-based Defi Protocol Delta One Raises $9.1M in Seed Funding
Defi protocol Delta One on the Solana blockchain has announced that it has raised $9.1 million in a seed round led by Alameda Research and Ship Capital.
United States DoJ Files to Freeze Assets of OneCoin Money Launderer and Recoup $400 Million
The United States Department of Justice has filed to freeze the assets of OneCoin Money Launderer Mark Scott, and Recoup $400 Million.
NYDIG Partners with New York Yankees to Offer Bitcoin Savings Benefit
NYDIG, a regulated Bitcoin company, has entered into a multi-year partnership with the American professional baseball team the New York Yankees to bring a Bitcoin Savings Plan (BSP) to all employees of the organization.
UK's ICO to Investigate OpenAI CEO's Worldcoin Project
The Information Commissioner's Office (ICO) announced on July 25, 2023, that it plans to initiate an investigation into Worldcoin, a project overseen by OpenAI CEO Sam Altman. The investigation is set to commence shortly after the announcement. ICO is the data regulator in the United Kingdom.
April 21: Essential Oil No More
Trading Crypto with Eugene is a series of daily commentary of market analysis and trading advice shared by Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful.
Bitcoin Price Breaks $18,000 and May Plunge Even Further
Since the Bitcoin price broke the symmetrical triangle and plunged yesterday, the downtrend potential is high.
Gift ideas you can buy with cryptocurrencies
If you think about whether you may purchase a gift for someone with it, you definitely can.
Overnight collapse of two traditional banks triggers chaos
The collapse of Silicon Valley Bank and Signature Bank caused major chaos, resulting in stablecoins depegging from the U.S. dollar. The federal government has taken action to protect depositors, and President Joe Biden has vowed to hold those responsible accountable.
Warren Buffet's Spiteful Comments Sends Bitcoin Tumbling Over the Weekend
Warren Buffett’s scorn for Bitcoin (BTC) received a very broad exposition during the 2022 Berkshire Hathaway Annual Meeting
OCC Says US Banks Can Use Blockchains and Stablecoins in Bank Payments
According to the OCC, regulated banks in the US can leverage stablecoins to conduct payments as well as participate as validator nodes on blockchain networks called INVNs.
European Crypto Miners Share Insights About Their Local Mining Industry
dGen, a non-profit research organization, in its report, has revealed that the cryptocurrency miners in the European region believe that Europe's higher electricity prices as compared to that of Russia and China is due to the strict regulation, strong protections, and political stability.
Brazil Central Bank Moves to Follow IMF Crypto Classification Guidelines
The Central Bank of Brazil has adopted the classification of cryptocurrencies being sold or purchased under the International Monetary Fund (IMF) guidelines.
NFTs Trading Volume Between May and June Fell 74%: The Block
NFTs' trading volume between May and June fell 74%, data from The Block Research showed.
KuCoin Report Reveals 3.8 Million Japanese Engaged in Cryptocurrency
KuCoin has recently released its 13th edition of the 'Into The Cryptoverse' report, focusing on the rapidly growing cryptocurrency market in Japan.
nChain CEO Departs Accusing Dr. Craig Wright of Fraud
Christen Ager-Hanssen resigns as nChain's Group CEO, alleging serious internal issues and a conspiracy to defraud shareholders. He accuses Dr. Craig Wright of deceiving courts about being Satoshi Nakamoto, leading to a significant reaction from the cryptocurrency community. Discussions also touch on Ager-Hanssen’s past involvement with Algorand and the implications of his revelations on the Bitcoin SV community.
Anthony ‘Pomp’ Pompliano Gives Investment Advice as Bitcoin to Break $12K
Bitcoin is nearing the $12K mark, but experts are saying that the level may not be beneficial if market bulls fail to turn it into support.
Former Synthetix Developer Creates Way To access Prohibited Apps Like Tornado Cash
A former Synthetix developer named Liam Zebedee has introduced his newfound way of bypassing prohibited blockchain apps like Tornado Cash.
Former British Politician Godfrey Bloom Announces First Bitcoin Purchase
Godfrey Bloom, the former British Member of Parliament, has revealed that he is making his first purchase of Bitcoin.
El Salvador Eyes Issuance of Bitcoin Bonds Through Raft of Legislation
The issuance of a Bitcoin bond worth $1 billion is deemed as a stepping stone towards enhancing financial freedom and innovation in El Salvador.
What Impact Will The Moderna Vaccine Have on Cryptocurrencies Like Bitcoin in The Long Run?
The COVID-19 vaccine from Moderna has shown 94.5% effectiveness in preventing coronavirus. This article explores the long-term implications on cryptocurrencies.
US Crypto Exchange Kraken Predicts Bitcoin Price Will Rally in October
US-based crypto exchange Kraken has released its September 2020 volatility report which predicts that Bitcoin’s price will likely rally in October.
Could Stock Market Turbulence and US Elections Send Bitcoin Crashing Down?
Bitcoin has plunged from highs of more than $11K to lows of $10,400, and analysts have looked at US stock markets to explain the cryptocurrency’s price dip.
NFT Lending Protocol Bend DAO Proposes New Measures against Bankruptcy Crisis
Subject to the bankruptcy crisis caused by depleted Ethereum reserves, NFT lending protocol Bend DAO has proposed new emergency measures pending a governance vote.
2 Europeans Charged in Connection to Virgil Griffith's North Korea Case
The two Europeans were allegedly collaborating with Virgil Griffith, a cryptocurrency researcher who was recently sentenced to prison for providing cryptocurrency and blockchain technology services to North Korea, Reuters reported.
BOE Governor: Bitcoin and Trending Cryptocurrencies May not be Viable in the Future but Stablecoins Are the Exception
Speaking at the World Economic Forum, the Bank of England governor Andrew Bailey discussed how cryptocurrencies would fit in the current governance system.
Committee on Payments and Market Infrastructures Develops Criteria for Wholesale Digital Tokens
A new report reveals that the CPMI will list out a criterion for the design of wholesale digital tokens in terms of their usage in whole transactions.
Bitcoin Less Risky than Cash or Gold says MicroStrategy CEO Michael Saylor
Michael Saylor, CEO of MicroStrategy says Bitcoin is less risky than gold and cash and said the firm would not hesitate to dump the BTC portfolio if they had to.
Switzerland City Lugano Signs Agreement With El Salvador To Enhance Bitcoin Adoption in The Regions
The two jurisdictions want to strengthen relations to harness the potential of Bitcoin cryptocurrency for the benefit of both regions and neighboring states and countries.
Justin Sun Tweets Tron just Issued $1.3 Billion in Tether, Here's What it Means for Crypto
While the broader cryptocurrency market is still reeling from a multi-year bear market since 2017, stablecoins like Tether are seeing action. Billions of dollars in USDT have been issued since its launch and the addition of Tron-backed stablecoin issuance, coupled with the now-concluded Bitcoin halving, signals a volatile period ahead for crypto traders and investors.
Can a Microsoft Takeover of TikTok Ease Trump’s Concerns? App Ban could See Bitcoin Price Boom
Microsoft is in talks to acquire TikTok from China’s ByteDance Ltd, promising to address privacy concerns that have President Trump calling for the social video apps ban. But could a TikTok ban be good for Bitcoin?
Circle CEO Allaire Supports Binance Stablecoin Decision
Circle CEO said the recent move by Binance to merge stablecoins could help make USDC the standard stablecoin rail between centralized exchanges and decentralized Exchanges.
KuCoin Twitter Hack Leads to Loss of Funds
KuCoin's official Twitter account was hacked, leading to users losing their funds in a fake giveaway event. The exchange pledged to reimburse the victims and improve security measures to prevent similar incidents. This incident highlights the growing trend of hackers taking over official Twitter accounts of crypto exchanges and NFT projects to promote scams.
Crypto Exchange OKEx Delists Five Privacy Coins due to FATF Rules
Cryptocurrency exchange OKEx’s Korean arm will be delisting all five privacy altcoins including Monero (XMR), Dash (DASH), Zcash (ZEC), Horizen (ZEN), and Super Bitcoin (SBTC).
Indonesia to Update Govt Rules for Crypto, Implement More local Control
The South Asian country's trade ministry is planning to issue rules to govern crypto exchanges that will require two-thirds of the board of directors and commissioners to be Indonesian citizens and live in Indonesia.
Crypto.com Mistakenly Refunds $10.5M to Aussie User
Melbourne resident Manivel Thevamanogari and her sister Gangadory Thevamanogari sought a refund of 100 Australian dollars from Crypto.com in May last year but was accidentally returned 10.5 million Australian dollars, according to Australian local media 7News.
Profit Reaped by Bitcoin Addresses Dips to a 3-Month Low amid a Week-Long Price Correction
The number of Bitcoin (BTC) addresses in profits has plunged to a 3-month low at 30,782,698.006 as the price of Bitcoin has stayed in the bearish zone for days.
How Bitcoin will react to US Government Shutdown
The impending US government shutdown threatens to delay the SEC's approval for a spot Bitcoin ETF, amongst other financial repercussions. The scenario also underscores the growing frequency of federal shutdowns and the persistent concerns of credit rating agencies over the US's fiscal policymaking, all of which could have broader implications for both traditional and crypto financial markets.
Terra Resumes after Halting Blockchain Production to Prevent Governance Attacks
Terraform Labs, the company which supports the Terra ecosystem, briefly halted the Terra blockchain for two hours on Thursday after a dramatic slump in LUNA and UST, before restarting later.
Jay-Z and Jack Dorsey to Fund Bitcoin Development in Africa and India with $24.5M
To enable the penetration and adoption of Bitcoin on African and Indian soils, Jay-Z and Jack Dorsey are to give away $24.5 million in BTC.
Bernie Sanders Demands Senate Vote on $2000 Direct Stimulus Payments, Bitcoin Traders Hold Breath
Bernie Sanders has threatened to filibuster the Senate until they allow a vote on upgrading the $600 direct stimulus payments to $2000. What could the move mean for Bitcoin?
Colorado Becomes First US State to Accept Crypto as Tax Payments
Colorado has set the ball rolling as the first U.S. state to offer residents the option of paying taxes in cryptocurrencies.
Chinese Police Arrest 27 Kingpins of Plus Token Bitcoin Scam Worth $5.7 Billion
Chinese authorities have arrested all 27 primary criminal suspects involved in the Plus Token Ponzi scheme that defrauded nearly 40 billion Chinese yuan, approximately $5.7 billion from victims.
Mexican Billionaire To Accept BTC for His Banking Business
Mexican billionaire Ricardo Salinas Pliego endorsed the use of Bitcoin, saying his bank Banco Azteca will develop the first BTC banking business in Mexico.
Kookmin Bank, South Korea’s Largest Bank Will Offer Cryptocurrency Custody
Kookmin Bank, the largest commercial bank in South Korea, will start offering Bitcoin custody services through a new partnership with crypto trading firm Cumberland Korea and blockchain venture fund Hashed.
Can Bitcoin Become a Reserve Currency in the Future?
Bitcoin's potential as a reserve currency depends on stability, widespread acceptance, and reliability. Its acceptance and adoption may vary based on factors like regulatory developments, market behavior, and consensus among governments and financial institutions. Its future remains uncertain.
Kraken Report: Bitcoin Trading Hit a 6-Month Low of 51% Amid Snail Speed in June
Leading US cryptocurrency exchange Kraken has presented a report through its research arm Kraken intelligence showing Bitcoin trading has nosedived by 51% depicting a six-month low since the start of the year.
Defying Gravity: Why XEM, CRO, and SOL Price are Trending Up Amid Market Downturn
While the market is bearish today, XEM, CRO, and SOL are showing strong resistance and are trending up
Bitcoin Possibly on Final Leg Down as Seller Exhaustion Ticks
Speaking on CNBC’s Mad Money show, host Jim Cramer opined that Bitcoin might be staring at the end of its downside because of seller exhaustion.
Is Mexico the Next to Legalize Bitcoin? Senator Indira Kempis Drops a Hint
Mexican Senator Indira Kempis is ready to send a bill to Congress which will seek to legalize Bitcoin as a legal tender in the country.
From Zero Mentions to a Dedicated Section in CINIC Report: How Fast is Blockchain Growing in the Chinese Internet Industry
The China Internet Network Information Centre (CINIC) recently published “The 45th China Statistical Report on Internet Development”. Compared to the previous issue, it is worth noting that the CINIC covered blockchain development as a dedicated section in the latest report. The report highlighted the rapid blockchain development of China in three aspects: regulation, technical development and applications.
Kiss' Gene Simmons and Winklevoss Discuss Bitcoin and Crypto for the Unbanked
Gene Simmons backs cryptocurrency assets and leverages Bitcoin to diversify his investment portfolio.
Parachain Auction Winner Acala Commits $250M to Fuel aUSD stablecoin Adoption on Polkadot
Parachain auction winner the Acala Network has launched a $250 million fund to fuel the adoption of Acala USD (aUSD) as the dominant stablecoin for the Polkadot and Kusama ecosystem respectively.
Dogecoin Founder Criticizes Memecoin Creators as Get-Rich-Quick Schemes Proliferates
Billy Markus, the iconic founder of the Dogecoin (DOGE) memecoin, has lashed out on his Twitter handle as he called out a new generation of developers looking to get rich quick through memecoin creations.
Sushi Deploys to Kava, Debuting Major UI Overhaul
Sushi completes deployment to the Kava blockchain with a liquidity pool eligible for KAVA and SUSHI token rewards. Earlier this year, Kava shook up the L1 industry with its Ethereum Co-Chain launch, sparking the fastest growth of protocols on any blockchain in 2022. Today, tier-1 DeFi protocol Sushi combines its deployment to Kava with an up to $7M matching rewards plan alongside their elegantly redesigned Sushi 2.0 user interface.tly redesigned Sushi 2.0 user interface.
Singapore Blockchain Week 2020 to assess the new reality for businesses and technology in light of COVID-19
Singapore, 12 May 2020 – Blockchain Association Singapore (BAS) and NexChange Group, a venture innovation and media platform, today announced they will be hosting Singapore Blockchain Week 2020 from 21 July to 23 July 2020.
DeFi Users on Ethereum Hit 4M for the First Time
Ethereum DeFi users reached a historic high of 4 million based on continued adoption.
Sean Patrick Maloney's OECD Role Amidst Crypto Advisory Background
Sean Patrick Maloney, after serving in the U.S. House and on Coinbase's Advisory Council, faces scrutiny over potential conflicts in his OECD ambassador role, signaling a pivotal moment for crypto regulation.
Can Polkadot Maintain the Position of Being the Fourth Largest Crypto in the Long Run?
Polkadot has surged in its market cap, enough to place it as the fourth-largest crypto in the place of XRP. Can DOT maintain this position?
Haru Invest Responds to Customer Inquiries Regarding Asset Losses and Distribution Plans
Accroding to Haru Invest's latest update, it has received numerous inquiries in recent weeks from concerned members regarding the status of their assets and the company's plans moving forward. In response to these inquiries, Haru Invest has released an official statement addressing the most common questions and concerns raised by its valued customers.
Bitcoin Returning to Exchanges Record the Fastest Rate in 16 Months
The selling pressure witnessed in the Bitcoin market that drove the price to lows of $29K happened as high supply returned to crypto exchanges.
Visa to Work with Bitcoin Wallets to Enable BTC Conversion to Fiat
Visa CEO Alfred Kelly has reaffirmed the company's plans to work with BTC wallets to make them interoperable with Visa for conversion from BTC to fiat currencies.
Crypto Market Cap Returns to $2 Trillion
Global cryptocurrency markets have rallied strongly in the wake of the Russian invasion of Ukraine. Bitcoin rose to $44,188 on Wednesday after falling to $36,370 last week.
SWEAT: The Token to Convert Steps, Movement into Crypto
According to Sweatcoin, the idea behind the token is to launch a global currency based on the value of steps and movement and the cryptocurrency will be minted purely by steps.
1 Billion People Using Bitcoin in the next 4 Years Puts Price North of $500k, says 10T Holdings Co-Founder
With a projection of 1 billion people using BTC in the next four years, Dan Tapiero, the co-founder of digital asset firm 10T Holdings, believes this trend will push Bitcoin’s price above $500,000.
Coinbase's Base 2024 Mission: Pioneering a Global Onchain Economy
Base's 2024 mission focuses on building a global onchain economy, emphasizing decentralization, developer empowerment, a vibrant app ecosystem, and a robust capital market, all while maintaining close ties with Coinbase and the broader crypto community.
Launch of Ethereum Climate Platform to reduce PoW emissions
The coalition aims to redress the network's former proof-of-work (PoW) carbon emissions. It was formed by Web3 firms, civil society leaders and the U.N. Framework Convention on Climate Change. The group will invest in climate projects that promise to mitigate Ethereum's past emissions.
Elon Musk, The Richest Person on Earth, Wants to Be Paid in Bitcoin
Elon Musk, Tesla CEO responded to a tweet posted by screenwriter Ben Mezric by saying: “he would never turn down being paid in Bitcoin.”
Grayscale Investors Buying Bitcoin at Remarkable Rate Despite Goldman Sachs’ Skepticism
New data indicates that institutional clients are increasingly buying Bitcoin via Grayscale Bitcoin Trust despite warning from Goldman Sachs.
French Police Arrest 29 People for Financing Syrian Islamist Terrorists Using Bitcoin Coupons
French police have apprehended 29 individuals suspected of funding Islamist extremists in Syria using cryptocurrencies.
GlobalSTOX’s Wholly-Owned Subsidiary Has Successfully Obtained a TCSP License
GlobalSTOX Limited (“GSL”) is pleased to announce that its wholly-owned subsidiary, HKSTOX Finance Limited, has successfully obtained a Trust or Company Service Provider License (“TCSP License”) on 29 April 2020. The TCSP license number is TC007109.
Coinbase Partners with DustAid for Crypto Donations During Christmas
A partnership forms between Coinbase and Dustaid, to donate Crypto to NSPCC, Little Edi Foundation, and Space for Giants.
Binance is Not In "a War" With FTX, Says Co-Founder Yi He
Co-founder and chief customer service of Binance exchange, in an explanation on Twitter, claimed that Binance is not in a war with FTX and has no intention of engaging in drama.
BSV founder Craig Wright Clarifies Bitcoin's Original Intent and Critiques Misuse
Dr. Craig S. Wright criticizes misconceptions about Bitcoin's White Paper and its purpose, asserting it's a micropayment system, not digital gold, and highlights transaction costs impacting its utility.
Bitcoin Halving Reduces Mining Rewards for Third Time in Brief History
The most anticipated event for cryptocurrency has come to pass. Bitcoin’s third Halving took place reducing the block rewards from 12.5 to 6.25 BTC per new block for the third time in its history. The first block mined for 6.25-bitcoin was mined and relayed by the fourth largest mining pool by total computer power, Antpool.
Gala is announcing a partnership with Stick Figure Productions to distribute Four Down on the Blockchain
Gala, one of the leading innovators in blockchain gaming and music, has announced the launch of Gala Film. This new vertical from the world-leading Web3 company continues the brand’s commitment to providing fans with unique opportunities to enrich their experiences coupled with amazing programming and exciting projects. With this announcement Gala Film also shared they will partner with Oscar-nominated and Emmy Award Winning Stick Figure Productions to present FOUR DOWN, a feature-length documentary directed by award-winning filmmaker Steven Cantor based on the New York Times best-seller NOT WITHOUT HOPE, written by Nick Schuyler and Jere Longman.
Bitcoin Miners from Inner Mongolia and Sichuan Are Selling BTC Mining Tools
As the plans to clamp down on Bitcoin mining dawns in China, many miners in the mainland are listing their hardware for sale.
What could a Democrat Sweep in US Elections mean for Bitcoin?
What would it mean for Bitcoin (BTC), if the Democrats manage to pull off a clean sweep in the coming US elections?
Crypto Market Swings to Extreme Greed as USDT & USDC Issuance Skyrockets
KuCoin's latest research highlights a major shift in the crypto market to extreme greed, backed by a $4.55 billion rise in stablecoins USDT and USDC, signaling increased market liquidity.
Bitcoin’s Bull Market Is Just Warming Up as Indicated by Large Outflows and Institutional Interest
Veteran on-chain analyst Willy Woo believes that BTC is getting ready for the next bull run as more users are trickling in.
Bitcoin Revisits $50K Amid More Than 1 Million BTC Addresses Transacting
This price surge in the Bitcoin network also saw an uptick in addresses transacting, given that they hit a two-month high.
Valkyrie's Two Crypto-focused Trusts Raise $73.6m
Two crypto-focused trusts owned by digital asset manager Valkyrie have raised $73.6 million.
Square Announces Its Purchase of 4,709 Bitcoins for $50 Million
Square, with Jack Dorsey as the CEO, announces it has purchased 4,709 bitcoins for $50 million.
Coinbase International Exchange Launches Non-US Spot Markets
Coinbase launches non-US spot markets for institutional clients, addressing regulatory concerns and expanding globally.
Michael Saylor MicroStrategy CEO Discusses Bitcoin as Competitive Tool for Firms, Sees Potential in Other Cryptos
MicroStrategy CEO Michael Saylor said that cryptocurrencies have a bright future, not limited to Bitcoin.
Brock Pierce and Blockchain Capital Sue Florida-Based Company for Copyright Infringement
Brock Pierce and his business partners are suing Blockchain Capital Management LLC (BCM) for copyright infringement.
New Zealand Police Issues Warning Against “Nasty” Sextortion Blackmail Porn Scam Demanding Bitcoin Ransom
New Zealand police are warning about a new porn blackmail scam that is targeting residents who watch adult content videos in the country. Scammers will take compromising video or photos of the victim while they are watching pornography and later contact them demanding a ransom in Bitcoin to keep the content private.
Crypto Trading Platform Voyager Digital Acquires Crypto Payments Company Coinify for $85M
American cryptocurrency trading platform Voyager Digital announced on Monday to complete the acquisition of Coinify-a secure online platform that offers an easy way to buy and sell virtual currencies.
Bitcoin's Market Cap Surpasses Meta's Despite Turbulent Week for Crypto
Bitcoin's market cap has surpassed that of tech giant Meta, despite a turbulent week for the crypto market following the downfall of Silicon Valley Bank and Signature Bank. Bitcoin's market cap has risen 9.7% in the past 24 hours, sitting at $471.86 billion and ranking it 11th among top assets by market cap.
Is NEO About To Crash? Developers Unleash 1.6 Million Tokens
Launched in 2014 as Antshares and later rebranded as NEO in 2017, the leading Chinese-based technology platform could now witness a massive price fluctuation in the market as its developers have unleashed 1.6 million NEO tokens which represent 2.3% of its total circulating supply.
Coinbase Identifies Four Key Innovations for its Layer-2 Network
Coinbase has identified four crucial innovations, including inflation-pegged "flatcoins," to be built on its recently launched layer-2 network Base. The other three areas are an on-chain reputation system, an on-chain limit order book exchange, and safer tools for DeFi.
Crypto Exchange FTX Raises $900M in Series B Financing with a Market Cap valued at $18B
The American cryptocurrency exchange giant FTX.COM announced the completion of a $900 million Series B financing dedicated to expanding FTX's international influence, aiming to become the top exchange worldwide within two years.
Coinbase Adds New Feature That Lets US Customers Purchase Cryptocurrency Through PayPal
Coinbase has rolled out a new feature that enables US customers to buy crypto assets through PayPal.
Non-Zero Bitcoin Addresses Reach Historic Highs, BTC’s On-Chain Settlement Efficiency Goes a Notch Higher
Bitcoin is showcasing itself as one of the most efficient monetary settlement networks, given that it transferred an average of $95,142 for a fee of $1 compared to Ethereum’s $139 in the past week.
Binance Follows Bybit in Appointing Top Compliance Official
Maxwell Baucus, former U.S. senator and ambassador to China, has joined Binance. The top official will become policy advisor and government liaison to the exchange. Given Baucus’s influence in US political circles, the move should support Binance’s expansion efforts within North America, where its Binance US platform operates.
Whale Alert Analysis: Scammers Have Bagged Bitcoin Worth $24 Million in the First Half of 2020
Leading blockchain tracking and analytics provider Whale Alert has revealed that scammers have been on a stealing spree as they have made away with $24 million in Bitcoin so far in 2020. Cumulatively, they have siphoned Bitcoin valued at $38 million over the last four years, and this excludes Ponzi schemes as they are a billion-dollar sector on their own.
Japan’s Financial Regulator Proposes New Legislations, Limiting Stablecoin Issuance to Banks
Japan’s FSA is working on a legislation that is set to be introduced next year. The regulations seek to make it only wire transfer companies and banks can issue stablecoins.
Square Stocks Soar After Bitcoin Purchase, Market Bulls Convinced PayPal Will Make a BTC Move of Its Own
Square’s $50 million-dollar move on Bitcoin has pushed the fintech payment company’s stocks higher, enabling it to outperform PayPal shares.
Bitcoin Miners Offload Holdings While Bullish Momentum Could Persist
Bitcoin miners liquidate holdings amid bullish market, balancing gains, halving cycle, and operational costs. Market resilience since February 2024, highlighting delicate balance between miners' selling strategies and ETF investments.
Bitcoin Hash Rate Reaches Peak Amidst Price Fluctuations
The benchmark responsible for the level of confidence that miners have in the Bitcoin network has been seen to reach its all-time high on Thursday.
Bitmain Business Booming Despite Public Feud Between Co-Founders Jihan Wu and Micree Ketuan Zhan
Bitcoin mining giant Bitmain, continues to grow despite the public feud of its co-founders Jihan Wu and MicreeKetuan Zhan dominating the news over the last year.
Bitcoin Slumps to 3-Months Low below $30K, Bearish Shockwaves Engulfs the Market
Bitcoin (BTC) slumped to its 3-month low on as investors panic sold on a sustained bearish dump-off that characterized the digital currency ecosystem.
Is Bitcoin Currently Overvalued? JPMorgan Foresees Selling Pressure Ahead
JPMorgan strategists acknowledged Bitcoin's latest bullish momentum on the market but said that the asset may face "modest headwind" in the near future.
BlackRock, Vanguard, and Norway Now Indirectly Own $110 Million of Bitcoin, Ahead of Stock Sell-Off
This huge acquisition of Bitcoin enabled Norway, Vanguard Group, and BlackRock to indirectly own more than 10,000 Bitcoin (BTC) altogether.
Ethereum Performs Better than Bitcoin in Annual Returns with a 663% Gain
Ethereum's annual return stands at 663.7%, performing much stronger compared to Bitcoin’s 195.5%.
Grayscale Ends Quarter with Record-Breaking Inflows of $5.7 Billion as Demand for Crypto Goes Up
Grayscale Investments has released their quarterly report assessing the last months of 2020.
Sandbox Launches Metaverse Accelerator Program, Offering $50M for 100 Startups
Virtual Metaverse gaming platform Sandbox has launched the Metaverse accelerator program, which will provide 100 startups with $50 million in start-up capital to promote the development of the Metaverse.
G20 Agency Warns Countries of Systemic Risks Posed by Global Stablecoins
The Financial Stability Board (FSB), the G20 body that advises on ways to improve the global financial system, has published a study on the challenges, which stablecoins pose for the global economy. The FSB stated that regulatory frameworks have already covered several activities associated with stablecoins, although there are other risks that many national regulators could be left unprepared for.
Silk Road Founder Agrees to Use Seized Bitcoin Worth $3Bn to Clear off $183m debt to US government
With the new settlement, the U.S. government has recovered about $3 billion worth of Bitcoins connected to the Silk Road founder. Ross Ulbricht agreed with the settlement deal to relinquish billions of dollars to pay off his debt to the U.S. government.
Paraguayan Congressmen Propose New Bitcoin Bill
Paraguayan lawmaker Carlitos Rejala and his companions have drafted and ready to propose the new bitcoin bill to congress, according to local media report.
Crypto Fugitive Kwon Denies Hiding from Authorities
Do Kwon tweeted "yeah as I said I'm making zero effort to hide. I go on walks and malls, no way none of CT hasn't run into me the past couple weeks," denying running away from the authorities.
Bitcoin Mining Hits Record High
Bitcoin’s mining hash rate hit a record 544 EH/s on Dec. 25, but miners face challenges with profitability slumping despite a 150% price surge in 2023.
A New World of Money - Blockchain in Human History Series
In this article we take a deep dive in money issuance standard to witness the evolution of money. The evolution of money issuance standard can be summarized in four phases.
Following a Bullish Breakout, Will Bitcoin Touch $25K Level?
After experiencing notable back and forth around the psychological price of $20,000, Bitcoin got a sigh of relief after pumping to mid-June levels of $22K.
SHIB Token Surges by 1946.11% within a Week
Despite the fact that most mainstream cryptocurrencies have fallen back, SHIB token has proven to be the exception, rising by 123.63% in the past 24 hours.
US National Lab Computer Scientists Deploy Artificial Intelligence (AI) to Thwart Illegal Crypto Mining
Los Alamos National Laboratory has created an artificial intelligence (AI) system capable of identifying malicious codes that mine cryptos such as Bitcoin.
Publicly Listed Bitcoin Mining Companies Show Steady Increase in Hash Rate
Bitcoin mining firms produced more BTC and hashrate in January than December.
Elon Musk Influence on the Price of Bitcoin Has Almost Faded Away
The price of Bitcoin which surged after Elon Musk updated his Twitter profile status to feature Bitcoin is now dropping. The CEO's influence did not usher in a new BTC ATH.
Twitter Brings Tweet Tiles Pilot to NFT Marketplaces
Twitter is expanding its trial of Tweet Tiles, previously tested with New York Times, Wall Street Journal, and The Guardian, to the world of NFTs. A selection of NFT marketplaces has been selected for the experiment, which enables Tweets to feature an interactive customizable widget.
The Fourth Belt and Road Summit 2019 – FinTech Cultural Revolution for Inclusive and Green Finance
The fourth Belt and Road Summit jointly organized by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council was held on 11 to 12 September at the Hong Kong Convention and Exhibition Centre. With around 5000 government officials, professionals and entrepreneurs from 69 countries attended the summit, opportunities and innovations were shared and explored.
Coinbase Says it Will List Potential Forked Tokens Following Post-Ethereum Merge
Ethereum's merge is drawing nearer. Coinbase has said it will evaluate potential fork tokens that might emerge after the merge.
Top 5 Bitcoin Casino Sites in 2020
As we delve into this year's best online Bitcoin casinos, you'll discover the most worthwhile bonuses, the best selections of games and where to play safely.
Heads of SEC, CFTC and FinCEN Jointly Warn Crypto Industry to Follow Regulations
The heads of the three major US financial regulators have issued a joint statement warning the cryptocurrency industry to adhere to banking regulations in the development of digital assets.
Pantera Capital CEO Dan Morehead Predicts Bitcoin Price Rebound Despite Slow Economic Recovery
In an investor letter, Dan Morehead Pantera Capital CEO explained why the current market environment could be a boom for Bitcoin as investors seek new opportunities.
Ethereum Price Could Surge as OCC Permits US Banks to Run Nodes For Stablecoins
A recent announcement by the Office of the Comptroller of the Currency (OCC) has provided a mainstream catalyst that could see the ETH price rally to new all-time highs.
MicroStrategy Plans to Raise $400M Of Debt to Add More Bitcoins on Its Balance Sheet
MicroStrategy Inc. plans to borrow $400 million through senior secured notes from qualified institutional buyers. The company plans to use the proceeds made from the sales to purchase more Bitcoins.
Crypto Twitter Explodes as Rumours of Facebook Hodling Twitter Spread
Is Facebook holding BTC on its balance sheet? There's a growing rumor that suggests so
Smart Whale Cumberland Liquidated 8K $ETH Prior to Market Crash
Cumberland offloaded 8,000 $ETH before the cryptocurrency market crashed, reducing its valuation to $1.1 trillion. Following the crash, Cumberland withdrawn 4,000 $ETH from Binance. During the FUD due to the SEC's lawsuit against Binance, SmartMoney purchased at lower prices. Cumberland's strategic investment strategies have historically yielded substantial returns.
Cross-Chain Crime Hits $7B: North Korean Ties Unveiled
The recent revelation by Elliptic highlights a troubling surge in cross-chain crime, now amounting to $7 billion, with North Korean affiliated Lazarus Group playing a significant role. These findings from the 2023 edition of 'The State of Cross-chain Crime' report, outstrip previous forecasts, underscoring an urgent call for bolstered security measures and refined blockchain analytics to confront the escalating menace.
Gemini's Weekly Update: PayPal Launches PYUSD Stablecoin, Coinbase Unveils Base Layer-2, and Aptos Announces Microsoft Partnership
PayPal launches PYUSD stablecoin; Coinbase unveils Base Layer-2; Aptos partners with Microsoft; July inflation below expectations at 3.2% and 4.7% yearly.
Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety
K33 Research analysts warn that the potential return of over $9 billion worth of Mt. Gox-era Bitcoin could unsettle the market and exert negative price pressure on Bitcoin. Creditors of the now-defunct Mt. Gox crypto exchange have shared updates on their claims, indicating that Bitcoin repayments could begin as early as next month. The sheer quantity of Bitcoin involved could create an "overhang" and potentially impact Bitcoin's price in the coming weeks.
WisdomTree Appoints Digital Transformation Expert Rilla Delorier to Board
WisdomTree adds Rilla Delorier to its Board, leveraging her 30-year expertise in digital transformation as the firm amplifies its strategic growth initiatives.
Blockchain Daily Digest – January 6th, 2020
Qatar Issues Crypto Ban, Digital Securities Still Allowed to Roam
Bitcoin Buying Power Remains Strong as BTC Holds Strong Support Despite Slight Retracement
BitMEX’s perpetual contract funding rates has returned to a neutral territory after longs were paying shorts significantly.
Bitcoin’s Market Cap is Now Bigger than Bank of America After BTC Price Hit $12K
Bitcoin’s current market capitalization is now bigger than Bank of America, just slightly over $226 billion, according to CoinMarketCap’s data.
Emerging Crypto Art Platform Outland Raises $5M Seed Round Led by OKG Ventures
Outland, an emerging crypto art platform based in Los Angeles, CA, has announced that it has raised $5 million in its first seed round in March 2022. Led by OKG Ventures, IMO Ventures, Dragon Roark, and JDAC Capital have all invested in the burgeoning Web3 cultural leader.
Breaking: CoinsPaid, AtomicWallet, and Alphapo Incidents All Connected to North Korea's Lazarus Group
MistTrack links CoinsPaid, AtomicWallet, and Alphapo incidents to North Korea's Lazarus Group. The hacks, totaling over $183M, highlight the need for robust crypto security.
Bitcoin.org Hacked, Showing Sign of "Double Return Bitcoin" in Gift Scam
Bitcoin.org, an open-source and peer-to-peer platform focused on bitcoin development, was hacked this Thursday morning by showing bitcoin's giveaway activities.
Top 5 Evolving Cryptocurrency Startups That Are Revolutionizing The Future of Fintech
Tremendous evolution in cryptocurrency startups provides to be revolutionary in the Fintech industry now and in upcoming years.
Bank of England Reveals How Banks Can Adjust to Cryptocurrency Growth
The Deputy Governor of the Bank of England Jon Cunliffe has said that it is not the bank's job to protect commercial banks from the impact of cryptocurrencies.
Breaking: Zachary Testa Identified as Pepe Coin Founder Following Price Crash
Zachary Testa, linked to $pepe coin, faces scrutiny after a 20% price drop. Changes in wallet thresholds and a $15.5M transfer to major exchanges like Binance are noted.
MicroStrategy to Sell $500 million in Stock Shares to Buy More Bitcoin
Nasdaq-listed business intelligence and software firm, MicroStrategy Incorporated said it would sell up to $500 million in Class A stock to buy more bitcoin, according to a filing with the U.S. Securities and Exchange Commission (SEC) on Friday, Bloomberg reported.
Bitcoin Continues Holding Above the 200 MA, with $34K Being the Redline
With the 200-day moving average (MA) being a significant indicator used to determine the general market trend, Bitcoin (BTC) continues trading above this line.
What Would the Future of Crypto Be as Liz Truss Becomes Next UK PM
As Liz Truss is set to take the top administrative position of Prime Minister in the country, the market is concerned about her monetary policies, including the stance towards cryptocurrency, regulation of Stablecoins and digital assets.
One in Four South Korean College Students Has Invested in Cryptocurrencies
A study shows 23.6% of South Korean college students are investing in cryptocurrencies.
SEC Extends Review Period for ARK 21Shares Bitcoin ETF
The SEC has postponed its decision on the ARK 21Shares Bitcoin ETF till January 10, 2024, marking another delay in the approval process. Amid broader calls for swifter approvals, the SEC's meticulous review approach underscores the regulatory cautiousness enveloping cryptocurrency-based financial offerings.
Spanish LaLiga Side Espanyol to Accept Crypto Payments Next Season
The Spanish football club Espanyol is breaking the record as the first LaLiga side that will be accepting cryptocurrencies as a form of payment for some of its services.
26% Brazilians Invested in Crypto over Last 6 Months, Study Shows
A transition to cryptocurrencies as a means of payment and store of value by 26% of Brazilians in the last six months has been prompted by being unbanked or underbanked and high inflation rates, according to a study by crypto exchange KuCoin.
Swiss Banking Giant UBS to Offer Crypto Services to its Clients
UBS is reportedly planning to offer crypto investment services to its customers.
Diginex CEO Predicts Bitcoin Will Reach $175,000 By Year-End Due to COVID-19 Stimulus Impact
Richard Byworth, Diginex CEO has given Bitcoin (BTC) a bullish price projection of $175,000 before the end of the year.
$3.6 Billion Worth of Bitcoin Options Will Expire Today
Today, $3.6 billion in Bitcoin options will expire. This provides investors with the last opportunity to buy or sell Bitcoin at a predetermined price.
Gary Gensler Reiterates US SEC’s Support for Bitcoin Futures ETFs
The US SEC sees Bitcoin Futures ETFs as an area of market that provides better protection for investors looking to get exposure to the cryptocurrency.
Bit.com Enables Trading of Staked Ether on Spot and Perpetual Futures Markets
To meet the diversified needs of cryptocurrency users, Singapore-based crypto exchange Bit.com has launched Staked Ether (STETH) on spot and perpetual futures markets.
Most People Will Hold Bitcoin Instead of Investing in Stocks, Bonds or Real Estate, says Market Analyst
Pierre Rochard, a market analyst and a Bitcoin advocate, believes that most people will be more inclined to hold BTC than assets like stocks.
Bitcoin Falls Below $44K, Attributed to the Fed Plans to Raise Interest Rate in March
Attributed to the preliminary raise of the interest rate in March, revealed by the U.S. Fed, Bitcoin's price fell below $44,000 and the lowest trading price was as low as $42,413.
Galaxy Digital Capital Management Launches Bitcoin Funds While Making Bakkt and Fidelity Custodians
Galaxy Digital Capital Management LP, an affiliate of Galaxy Digital Holdings Ltd, issued two Bitcoin funds with Bakkt and Fidelity Digital Assets as custodians for the funds, while Bloomberg L.P will be the pricing agent.
Australia Records Over $14 Million Losses to Crypto Scams in 2019
Scamwatch, an Australian website dedicated to reporting scams saw an increase in crypto relating scams amounting to $14 million
Bitcoin and Tesla Prices Plunge as FED Hints QE Scale Back to Avoid Asset Bubbles
Analyst narratives on why Tesla and Bitcoin crashed yesterday are varied, but a look at the FOMC minutes hint at scaling back QE to avoid asset bubbles may be an indication.
Preemptive Measures Needed to Regulate Crypto Market, FSB Says
Regulators need to take preemptive measures, bringing the crypto market to obey rules and regulations as risks from the sector could grow quickly, the Financial Stability Board said.
Crypto Exchange FTX Lists Dollar Spot Index Perpetual Futures
Cryptocurrency exchange FTX has listed perpetual futures linked to the US dollar spot index, and it is expanding its business scope to the field of foreign exchange derivatives trading.
General Motors Files Patent for Blockchain-Based Autonomous Vehicle Navigation Map
Major car manufacturer American multinational corporation General Motors filed a patent on October 1, 2018, which uses the application of blockchain technology and integrates vehicle sensors to build a much-improved navigation map for autonomous vehicles.
Bitcoin Eyes Settling $45 Trillion in 2021, Twice the Value of all its Previous Years Combined
By the close of the year, Bitcoin (BTC) is set to make the highest transfer volume of $45 trillion, a scenario not seen in its twelve-year journey.
PowerGhost: The Mining Malware to Watch in 2020
In Part 3 of the interview, Yeo Siang Tiong, General Manager for Southeast Asia, Kaspersky shared with us the state of cryptocurrency mining malware and he believed we should watch out for Powerghost in 2020! Yeo also explained the cybersecurity solutions of Kaspersky on quantum computing.
Marathon Digital to Raise $500M in Convertible Senior Notes
Marathon Digital Holdings, a Nasdaq-listed Bitcoin mining company has announced its plans to raise half a billion dollars as a debt offering via convertible senior notes.
Mox Bank to Launch Crypto Investment Services
Hong Kong-based virtual bank Mox Bank has recently announced plans to introduce cryptocurrency investment services in the second half of 2024, providing customers with access to popular digital assets such as Bitcoin and Ethereum.
Sphere 3D Sues Gryphon Digital Mining Over Alleged Spoofing Attack
Sphere 3D has filed a lawsuit against Gryphon Digital Mining over an alleged spoofing attack that resulted in the irregular transfer of Bitcoin. Gryphon's CEO allegedly wired 18 BTC in January to a fraudster posing as Sphere 3D's chief financial officer through a spoofing attack.
Ethereum Gains Momentum and Multiple Altcoins Follow its Lead
Various altcoins are following Ethereum’s momentum footsteps. The market is looking at Ethereum climbing to the $2,400 level.
New York State Denies Air Permit to Greenidge Crypto Mining Facility on Seneca Lake
Greenidge Bitcoin mining firm has been denied air permit by the regulator in a move that could lead to the retrenching of hundreds of workers in the crypto mining sector.
GameStop Announces Partnership with FTX US
GameStop, the world's largest video game retailer headquartered in Texas State, announced that it has signed a partnership with FTX US ("FTX") to become FTX's preferred retail partner in the United States.
Darknet Empire Offline for Days Has Users Fearing DDoS Attack and Looming Scam
A popular darknet marketplace, Empire Market, has been reported to be offline for over 48 hours, making website users fretful as to the cause behind it.
Coinbase Launches New App, Providing Crypto Policy Advocacy Information for Midterm Election
Brian Armstrong, the founder of Coinbase Brian Armstrong, said he plans to add encryption policy content to Coinbase trading app for the upcoming US midterm elections.
Bitcoin Needs to Create a Higher-Low at $31K for an Upward Trend, says Market Analyst
Market analyst Michael van de Poppe believes that Bitcoin should create a higher low at $31k for an upward trend to be ignited as its consolidation continues.
Billion-Dollar Firm MicroStrategy Invests $250 Million in Bitcoin as Part of New Capital Allocation Strategy
Publicly-traded billion-dollar software firm MicroStrategy announced its new capital allocation investment strategy — with a purchase of 21,454 Bitcoins. MicroStrategy is the largest independent publicly-traded business intelligence firm used by many of the Fortune Global 500 brands.
Trump: Bitcoin, It Just Seems Like a Scam
Former US President Donald Trump is still anti-crypto and he made it known in his latest interview with Fox business news.
Billionaire Investor Ray Dalio Bearish on Cash Says Central Banks Drive Economy
Billionaire investor Ray Dalio, the Founder and CIO of Bridgewater Associates asserted that since the 2008 Financial Crisis, the behavior of central banks like the Federal Reserve demonstrates that capital markets are no longer free.
Shopify Adds Another Option for Merchants to Accept Payments in Over 1,000 Cryptocurrencies
Shopify adds more than 1,000 cryptocurrencies for its merchants to accept as payment through a new partnership with CoinPayments.
Direxion Files for Bitcoin ETF With a Deviation, to Track Shorts on BTC Futures
American financial services and ETF provider, Direxion has filed for its Bitcoin ETF product, after more than 3 years since it last filed one.
Chinese Police Investigate STFIL Team Members in Filecoin (FIL) Liquid Staking Protocol
Chinese police are investigating STFIL technical team members, who relocated 2.5 million FIL tokens to an unknown address during an unscheduled protocol update, seeking community assistance to protect stakeholders' interests.
Marathon Digital Shares Soars to 6-Month High Drawing on Sustained BTC Mining Operations
The shares of Nasdaq-listed American blockchain mining firm Marathon Digital have printed its highest price record in 6 months as the firm unveiled its Bitcoin mining performance of October.
Oxfam's Blockchain-Based Agricultural Insurance Firms in Sri Lanka Pay Farmers with Crypto
Insurance in the agricultural sector is becoming digitized through blockchain based solutions in Sri Lanka as Oxfam pays farmers in cryptocurrencies
3 Platforms Making DeFi More Inclusive
Decentralized finance (DeFi) is taking the world by storm. Owners of cryptocurrencies can unlock an alternative financial system that offers better rewards than traditional bank accounts and carries more risk. Several trends in the DeFi space are emerging lately, as are the new protocols trying to capitalize on this momentum.
BlackRock and ARK Invest Conform to SEC's Cash Redemption Model for Bitcoin ETF
Major ETF issuers BlackRock and ARK Invest comply with SEC's cash redemption model for their spot Bitcoin ETFs, potentially paving the way for regulatory approval.
Infinito And Paxful Partner to Accelerate Cryptocurrency Adoption Across the World
Infinito has partnered with Paxful to support cryptocurrency adoption globally.
El Salvador President Proposes Volcanic-Powered Bitcoin Mining System
El Salvador is considering building a Bitcoin mining hub around its volcanoes.
Bitcoin Transaction Volume Turning Normal after a Bumpy Month
Bitcoin started normalising after its transaction volume slipped last month, according to market insight provider Santiment.
India's Largest Crypto Exchange CoinDCX Raises $2.5 Million in New Growth Capital to Increase User Base
CoinDCX, India’s largest crypto exchange, has announced that it has raised $2.5 million from investors like Polychain Capital and Coinbase Ventures. Polychain Capital led the funding round with support from Coinbase Ventures, the investment arm of the US cryptocurrency exchange Coinbase. CoinDCX had raised a $3 million Series A round earlier in March, which was also led by Polychain Capital and included HDT Group (operator of BitMEX) and Bain Capital Ventures. The company’s other main investor, Coinbase Ventures, has also made investments in other crypto businesses like BlockFi, Messari, Compound, Securitize, and Etherscan.
Bitcoin Surges Past $56k as Addresses Holding At Least 0.1 BTC Hit All-Time High
New data by Glassnode reveals that the number of Bitcoin addresses with more than 0.1 BTC has achieved a new record high, along with BTC's surge to top $56K.
Kardashian's Instagram Cryptocurrency Promotion Irks UK Financial Watchdogs
British financial watchdogs are wary of investors' cryptocurrency investment risks introduced by well-known influencers such as Kim Kardashian West.
Galaxy Digital Loses $111.7m in Q1 as Crypto Markets Plunge
A diversified financial services firm dedicated to the digital asset, Galaxy Digital (GLXY) announced its financial results for the first quarter ended March 2022, with a significant financial loss.
Largest North American Bitcoin Self-Mining Company, Marathon Announces $250 Million Registered Direct Offering of Common Stock
Marathon Patent Group, Inc. (Marathon) the largest enterprise Bitcoin mining company in North America announced a $250 million registered direct offering of common stock.
Bitcoin Price Needs to Stay Above This Support Level in Order to Hit a New All-Time High as Whales Decline
Cryptocurrency analytics firm Santiment noted that the number of Bitcoin wallets with different amounts of holdings have seen a change this month.
Canada-Based Tahini's Restaurants Trades Entire Cash Reserves For Bitcoin
Tahinis Restaurants announced that it would be converting all of its cash reserves into Bitcoin.
Crypto Exchange Bit.com to Enhance TON Ecosystem
Bit.com, a Singapore-based crypto exchange, has partnered with TON, which stands for “The Open Network,” to expand, enhance, and develop its ecosystem.
Chainlink, Uniswap, and Polkadot among the Altcoins that Have Held Up Well Despite Bitcoin’s Plunge
While Bitcoin has plunged by 15% on a seven-day period, dragging most of the cryptocurrency market along with it, some altcoins have survived the drop.
Crypto Giant Binance Obtains First Global Regulatory Approval Operation from French
Binance, one of the leading cryptocurrencies exchange, has been approved by the French regulatory agency, the first country to allow the exchange to legally operate trading globally.
Video Game Company BoomBit Launches Blockchain Gaming Platform BoomLand
Video blockchain gaming company BoomBit has launched BoomLand. Players and game developers can earn NFTs and cryptocurrencies in the form of $BOOM and $BGEM tokens.
Intercontinental Exchange Bakkt Bitcoin Futures Trading Platform Goes Live
Launched as of 8 pm EST on Sept. 22, Bakkt’s physically settled Bitcoin futures trading has launched and is now live for trading on the Intercontinental Exchange Futures US (ICE).
Bitcoin is Making its Way to $12K and Beyond as BTC Supply Expects Massive Shortage
In recent months, MicroStrategy, Square, Stone Ridge Asset Management have all invested in Bitcoin. Will Bitcoin see a massive supply shortage?
KuCoin CEO Quashes Rumours of FUD as its Exchange Might Halt Withdrawals
Over the weekend, Johnny Lyu, the Chief Executive Officer of KuCoin Exchange allayed all FUD sentiment that the trading platform may halt withdrawals by the ongoing meltdown in the market.
Bitcoin Mining Firm PrimeBlock Looks to Go Public Via $1.5B SPAC Merger
PrimeBlock is the latest Bitcoin mining company to announce plans to list its shares on a US public stock market through a merger with 10X Capital Venture Acquisition Corp II.
Bitcoin ATM Operators Joins Forces to Float New Compliance Cooperative
A group of crypto industry Bitcoin ATM operators and firms have floated the Cryptocurrency Compliance Cooperative to bolster regulatory compliance.
Crypto Exchange Volumes Sees Growth since May, Jumped to $733 billion in Sep
Trading volume on cryptocurrency exchanges jumped to $733 billion in September, up 16% month-on-month and marking the first significant increase since May.
Conflux Network Expands into Hong Kong
Dr Ming Wu, Co-Founder of Conflux Network, was invited by the Hong Kong Government to discuss the rise of tech innovation through Web3 and how the Conflux Network could play a foundational role in these developments.
Crypto.com Aims at Expansion in South Korea amid Crypto Meltdown
Singapore-based crypto exchange Crypto.com has been on an expansion drive, with its latest bet being in South Korea.
Ethereum Continues to Grow with the Majority of Stablecoin Projects Leveraging its Network
Ryan Watkins, a researcher at Messari, believes that the numerous stablecoin protocol experiments on the Ethereum network are impressive.
Crypto Expert Nouriel Roubini Develops Tokenized Assets, Aiming at Replacing USD
Crypto-basher economist Nouriel Roubini is developing a tokenized asset designed to counter the volatility of the U.S. dollar due to inflation, climate change, and more.
Institutional Investors are not Yet Buying Bitcoin as Price Slips Below $20K
After enjoying notable momentum above $20,000, Bitcoin (BTC) slipped below this psychological price amid low appetite from institutional investors.
Democrats Critical of OCC's "Excessive Focus" on Crypto and Stablecoin Financial Services
Democrat members of the United States Congress led by Congresswoman Rashida Tlaib (D-MI) have criticized the OCC's focus on crypto and stablecoins.
Binance Withdraws S'pore Bourse Application, Closing Local Trading Platform by Feb
Binance Asia Services Ltd has withdrawn its application for a local license to run a bourse in crypto-friendly Singapore and shut down its trading platform.
Binance pivots to stablecoins after SEC regulatory action
Binance, the largest cryptocurrency exchange by trading volume, has turned to alternative stablecoins such as TrueUSD (TUSD) and decentralized stablecoins, following a regulatory action against its native stablecoin, Binance USD (BUSD), by the US Securities and Exchange Commission (SEC). Binance was forced to seek alternatives after the New York Department of Financial Services (NYDFS) asked BUSD issuer Paxos Trust to stop minting new BUSD altogether.
Bitcoin Becoming less Jittery against Volatility
Market analyst Holger Zschaepitz believes Bitcoin is slowly coming of age because mild price swings have not been witnessed days after hitting a new all-time high of $66,900.
Sango Coin Listing Delayed in Central African Republic
The launch of the Central African Republic's Sango Coin has been postponed for a few weeks due to legal and regulatory obstacles. The Sango Project, which is behind the initiative, stated that the delay is necessary to ensure compliance with all relevant regulations.
Bitcoin Addresses in Profit Slip to 5-Month Low, Consolidation Continues
Profitability in the Bitcoin market has slipped to a 5-month low as the price continues to consolidate.
Woori Financial Group To Provide Cryptocurrency Custody Services
South Korean Woori Financial Group has announced that it will establish a digital asset custody joint venture with Korean blockchain developing company Coinplug.
Russian FM says No to Crypto Ban
Russian Finance Minister Anton Siluanov said that cryptocurrencies should not be banned as advocated by the central bank but instead the government should fix the ongoing crypto regulation predicament.
Bullish Sentiment Restores in Crypto Derivatives Markets, Surged to $3.12 Trillion in July
Data shows that investors in the crypto ecosystem have increased their exposure to derivatives markets, with trading volume on central exchanges rising to $3.12 trillion in July, up 13 % from the previous month.
Metaverse Memecoin Tamadoge Raises $1 Million Midway Through Its Beta Sale
Tamadoge, the P2E metaverse meme coin, has raised $1 million after just 12 days of its beta sale. The beta sale began on July 25 and is scheduled to run until August 31, but will finish before then when the $2 million hard cap is reached. Once the presale has concluded, the TAMA token will be listed on LBank exchange.
Coinme Fined $4 Million by SEC
Crypto exchange Coinme has been fined $4 million by the US Securities and Exchange Commission (SEC) for offering unregistered securities and making "misleading statements" regarding its token, UpToken.
Estonia Revokes 500 Crypto Business Licenses in a Move Against Illegal Money Laundering Activities
Estonian authorities have recently revoked licenses from 500 crypto firms, and consequently tightened market regulations within the crypto sector.
Coinbase Censored By Apple
Some features within the Coinbase app have been restricted for IOS users, sparking further discontent about the ‘pay-to-play’ model adopted by Apple.
Bitcoin's Performance Outshines Gold and the S&P 500 Despite Recent Price Corrections
Bitcoin has outperformed gold and the S&P 500 in the past 12 months, but is the cryptocurrency's growth sustainable?
El Salvador Plays Host to Developing Economies to Delve Deeper into Bitcoin Adoption
The ongoing Bitcoin conference in El Salvador could not have come at an interesting time when the leading cryptocurrency has shown its resilience amid the current LUNA crash, according to Mikkel Morch, the executive director at crypto hedge fund ARK36.
MetaWeek in Dubai to bring together artists, NFT creators, investors, and blockchain Masterminds
A week-long event, set for March 7-10, 2022, will cover how paradigm-shifting technologies revolutionize and scale in industries like finance, art, cybersecurity, media and investment.
Crypto Price Today: Bitcoin Tops $63,935.12, Nears to Break April’s ATH, Altcoins Rally in Low-Level Buying
Led by Bitcoin, most cryptocurrencies are seeing high-level buying. In recent weeks, there has been some sense of stability in the crypto spectrum.
Russians are Rushing to Buy Bitcoin as COVID-19 Pandemic Continues
As governments around the world continue to battle ill-effects of the ongoing COVID pandemic, Bitcoin is turning out an investment of choice among developing and emerging economies. Officials from the Russian chapter of Binance, Garantex, and EXMO shared insights with the Russian publication, confirming the growth in users originating from the country. All the bourses have mandatory KYC policies in place, meaning the reported figures are accurate.
Calibra CEO Defends Libra at Its First Major Encounter with 26 Global Central Banks
David Marcus, the CEO of Calibra, behind Facebook’s Libra has announced that the proposed stablecoin would not be a threat to the monetary sovereignty of nations as suggested previously by regulators.
Teenage Twitter Hacker Mastermind of Bitcoin Scam Pleads Not Guilty
17-year old Graham Ivan Clark, the alleged teenage mastermind of the notorious Bitcoin hack involving high profile individuals has pleaded not guilty
Bitcoin Falls to $60K amid a Sharp Drop in Hash Rate and Turkey's Crypto Payment Ban
Bitcoin fell below the $61K level for the first time today due to the decline in hash power of Chinese mining pools and the ban on cryptocurrency for the purchase of goods and services proposed by the Turkish government.
Crypto Market Capitalization Inches Closer to $3 Trillion
The cryptocurrency market capitalization is a stone’s throw away from the $3 trillion mark as it stands at $2.96 trillion.
Matrixport Partners with Simplex to Allow Buying Crypto Using Credit Card
Matrixport, the Bitmain spin-off and a leading financial service provider for digital assets, today announced a partnership with the leading payment process company Simplex, enabling users to purchase cryptocurrencies using their credit cards directly and securely on Matrixport.
Open Banking & Banking Digital Transformation Congress will be held in August in Shanghai
Open Banking&Banking Digital Transformation Congress 2020 will be held on September 24-25 in Shanghai with a focus on digital transformation and open ecosystem construction of large state-owned banks, joint-stock banks, urban commercial bank, and foreign bank, etc. The congress will mainly discuss how iABCD empower retail, micro and corporate finance from perspectives of policy transmission, ecological construction, cultural innovation, business model innovation, product innovation, risk management, marketing, and the user experience, etc.
More Than $400 Million in Bitcoin Withdrawn from BitMEX Following CFTC Charges
$400 million have been withdrawn from Bitmex in less than 24 hours after the US CFTC filed a legal enforcement action against the exchange’s owners.
Ethereum Network's Gas Fees Skyrocket Amid Memecoin Frenzy
Ethereum's gas fees have hit a new multi-month high due to the growing memecoin frenzy. While this has brought in more revenue for the network, it has also caused congestion and difficulty in processing transactions.
Satoshi Nakamoto's Quotes on Trust - Trusted Third Parties
Satoshi Nakamoto's Quotes on Trust - Trusted Third Parties
Uniswap Records New ATH, Boosted by Record-Breaking Amount of New Whale Addresses
Uniswap's UNI tokens see an increase in the number of whale holders. This has pushed the DeFi token to an all-time high above $13.
OKX and CoinRoutes Expand Partnership: Institutional Crypto Trading Services Enhanced
OKX & CoinRoutes deepen collaboration, offering advanced API-enabled trading services to institutional users, emphasizing digital asset solutions.
Worldcoin Emerges as Largest Deployer of Safe Wallets on Polygon Blockchain, Onboards 1.2 Million Self-Custodial Safe Smart Accounts
A tweet from Worldcoin states that they have successfully onboarded an impressive 1.2 million self-custodial Safe Smart Accounts
Celsius to Transition to Mining-Only NewCo following Bankruptcy Court's Confirmation of Plan
Celsius Network, following bankruptcy court approval, is transitioning to a Bitcoin mining-focused entity to address regulatory challenges from the SEC.
Investors are Switching From Stocks to Crypto, Here is Data to Prove It
The research data shows a complementary growth in the interest in digital currencies with the percentage of investors who say they are not interested in BTC, Ethereum (ETH), or Dogecoin (DOGE) slipping from 80% back in May this year to 68% this week.
Winklevoss Says Bitcoin Price to Reach $500,000 — Why BTC is Better than Gold and Oil
Tyler Winklevoss advocates that Bitcoin (BTC) is headed towards a markup of $500,000 in price and that it will be the preferred safe-haven asset by investors.
Microstrategy's Bitcoin Investment Turns Green Again
Microstrategy's Bitcoin investment has turned profitable again as BTC surpassed the critical resistance of $29,000 and hit a new 10-month high of $30,163. The company had accumulated 140,000 BTC for nearly $4.17 billion at an average price of $29,803 per BTC. After a 70% drop in BTC price during the crypto winter in 2022, the price has seen over a 55% increase in the first quarter of 2023, outperforming most traditional stocks and bonds.
KuCoin to Pay $22 Million and Exit New York in Landmark Settlement
KuCoin settles with NYAG for $22M and bans NY users, marking a major regulatory move in crypto, with implications for securities law and exchange compliance.
Canadian Investment Fund Manager Receives ‘Favourable Ruling’ From Regulators to Offer Bitcoin Fund
Canadian investment fund manager 3iQ Corp. announced on Oct. 30 that it had received approval from its public hearing by the Ontario Securities Commission (OSC) for a closed-end Bitcoin fund that will be listed for trading on a major Canadian stock exchange.
Fidelity Launches a New Commission-Free Crypto Trading Product
Fidelity Investments has launched trading support for Bitcoin and Ethereum at zero commission
21Shares Debuts The Sandbox-Focused ETP Product
A Switzerland-based digital currency asset manager, 21Sahres, has launched a metaverse product with a focus on The Sandbox.
Robinhood Plans to Roll out Beta Version of Crypto Wallet Feature in Jan 2022
Cryptocurrency and stock trading application Robinhood stated that it will start the beta phase of cryptocurrency wallets in mid-January 2022.
Bitcoin Needs to Flip $56.5K to Support Level to Retest $60,000, says Market Analyst
Market analyst Michael van de Poppe believes that Bitcoin will have to flip the $56.5K resistance level to support if the cryptocurrency wishes to retest $60,000.
IRS Sends Warning Letters to Prevent Crypto Owners from Evading Tax
The Internal Revenue Service began sending warning letters out to cryptocurrency owners in the United States, announcing that taxpayers should be paying back taxes they owe or to file amended tax returns in regards to their cryptocurrency holdings.
Bitcoin Hits a 2-Month High as BTC Lightning Network Scales the Heights
After surging past $31,000, a scenario was last seen in March, momentum seems to be ticking in the Bitcoin market.
Despite Zipmex Dilemma, Thai SEC Approved 4 New Digital Asset Operators
Even though one of Thailand’s leading digital asset exchanges, Zipmex, suffered from Celsius Network and Babel Finance’s financial woes, the Securities and Exchange Commission of Thailand has granted licenses to operate four other crypto companies in the country.
Why Ripple’s XRP Token Price Soared by 130% in a Month
Ripple’s XRP token has been on fire lately, surging by 136% in the past month. XRP's bullish rally is influenced by a few factors.
What Will Be The State of Bitcoin Going Forward?
Dmytro Volkov, CTO of the international cryptocurrency exchange CEX.IO, has over 15 years ’work experience in IT, including over 10 years in financial markets. He has optimized the technology and processes at the CEX.IO exchange, as well as the trading and analytics systems and integrations with external systems. Equally, he has created the CEX.IO Broker platform to trade derivatives, an author of trainings on financial and tech topics as well as a speaker at industry-wide conferences.
LUNA 2.0 Debut Experiences Hiccups as Price Plummets, Will Trust Remain Robust?
After Terra 2.0 successfully went live on May 28, LUNA 2.0 has been on a rocky start based on a sharp price decline.
Empowering Enterprise Blockchain Integration with Hyperledger and R3
Cyberport, being the digital flagship of Hong Kong has gained collaborations with other government-linked organizations, such as InvestHK. InvestHK is the department of the Hong Kong government responsible for foreign direct investment and for promoting Hong Kong’s status as the leading international business hub in Hong Kong.
FTX's Top 10 Crypto Holdings Revealed: SOL, Bitcoin, Ethereum, XRP, APT Lead the Pack
The top 10 digital assets held by FTX account for a dominant 72% of its total crypto holdings. Leading this list is Solana (SOL), with a valuation hovering around $1.2 billion. Following closely are Bitcoin (BTC) and Ethereum (ETH), valued at $560 million and $192 million, respectively. The list further includes significant assets such as APT, USDT, XRP, BIT, STG, WBTC, and WETH. Their respective values oscillate between $1.37 billion and a modest $37 million.
Blockchain Deals Are Shifting from the US to China, CB Insights Report
Blockchain Deals Are Shifting from the US to China, CB Insights Report
IMF Releases New Blog on the Adoption of Stablecoins
The International Monetary Fund (IMF) recently released a blog, “Digital Currencies: The Rise of Stablecoins” outlining the adoption of new digital payment methods.
Ethereum wallet Rainbow Raises $18M in Series A Funding
Ethereum wallet Rainbow has raised $18 million in Series A funding, led by Seven Seven Six.
9 Cryptos Named as Securities by SEC amid Coinbase Insider Trading Charges
The US SEC listed nine cryptocurrencies as securities in response to the first-ever insider trading case involving crypto tokens against a former Coinbase employee.
eToroX: Leveraging Deep Liquidity and Stablecoins for Institutional Traders
Doron Rosenblum is the Managing Director of eToroX. We were fortunate to meet up with him at the Blockshow Asia 2019, where he discussed the advanced crypto functionalities of eToroX, liquidity, and regulation.
Non-Zero Bitcoin Addresses Reach an All-Time High, What Does This Mean for BTC?
New on-chain data from Glassnode has revealed that there are now more non-zero Bitcoin (BTC) addresses. What does this mean?
Why Bitcoin Needs to Hold Above the 52K Level
Market analyst Michael van de Poppe believes that it is critical for Bitcoin to hold the $50-52k level, which will avert any more downward momentum.
California Crypto Bill Seeks to Measure the Consumer Impact of Digital Assets
California’s Senate Banking and Financial Institutions Committee has unanimously passed Assembly Bill 2150 which will help define digital assets as well as to measure its potential impact on the state and consumers
Bitcoin’s Price Hit its Second-Highest Ever Monthly Close on its 12th Birthday
Bitcoin (BTC) price recently reached $14,000 for the first time since January 2018. What could this new record monthly high in 2020 mean for BTC?
CoinGecko Study Shows Countries Most Interested in Crypto Since Market Crash
Crypto data aggregator CoinGecko has released a new survey showing global interest in cryptocurrency adoption. Nigeria, The United Arab Emirates, and Singapore are firmly in the lead.
Missouri Mayor to Airdrop $1,000 in Bitcoin to Cool Valley Residents
Missouri Mayor Jayson Stewart plans to give out $1,000 cash gifts in Bitcoin (BTC) to residents of Cool Valley.
Former Binance Labs Head Bill Qian Joins Cypher Capital as Chairman
Dubai-based cryptocurrency investment firm Cypher Capital has hired former Binance Labs head, Bill Qian, as its chairman, The Information reported.
Binance Coin Sets New ATH as Binance CEO Hints at Token Burn
Among the altcoins that have recently rallied bullishly, Binance Coin surged to a new ATH of $586.23.
George Soros’s Family Office Confirms Trading Bitcoin
The investment firm owned by billionaire investor George Soros is the latest family office to invest in Bitcoin and see cryptocurrencies as a hedge against inflation.
TRON Launches Sidechain Solution & Aims to List on Coinbase
Tron (TRX) announced the launch of Tron’s sidechain solution, the Sun Network, as revealed in the company’s blog on 11 August.
Multicoin Capital Injects $430m Venture Fund III for Blockchain Startups
Cryptocurrency investment firm Multicoin Capital has announced the launch of $430 million Venture Fund III to help startups focused on decentralized autonomous organizations (DAOs), open finance, Web3 infrastructure, and more.
Paxful Ready to Build on its African Market Success in 2020
Global peer-to-peer (P2P) Bitcoin marketplace, Paxful, believes that the world has much to learn from Africa about the future of the crypto-economy and that 2020 will be a landmark year for the African crypto and blockchain industry.
LocalBitcoins Cuts Fees to Zero for Ukrainians Both Locally and Abroad
To ease transactions amongst Ukrainians as they face the Russian Army Invasion in their nation, P2P Bitcoin marketplace LocalBitcoins has removed all transaction fees for them both locally and abroad.
Exchange Tokens Recovers as Investors Focus on Utility
The cryptocurrency ecosystem is gradually seeing a comprehensive recovery, and while there is still a bit of volatility in the market, exchange tokens are on a bullish tear as investors return back to trading actions
Consensys Report: CBDC are Risk-Free Compared to Facebook Libra
In a recent white paper entitled Central Banks and the Future of Digital Money—Consensys offers an insightful and practical overview of the potential and risks of CBDC. The research paper also offers an example of how the Ethereum blockchain can be leveraged to design and build a CBDC and takes a deep dive into what the practical implementation of a CBDC would require.
Indian Minister Reveals Crypto Regulatory Measures to Tame Terrorism
G. Kishan Reddy, India’s Union Minister of State (MoS) for Home Affairs disclosed that the nation would incorporate the standards of the Paris-based Financial Action Task Force (FATF) to deter terrorism by cutting off funding sources, especially cryptocurrencies.
eToro’s Crypto Exchange eToroX to List Elrond’s eGLD Token
eToro’s will list Elrond’s native cryptocurrency eGLD on its cryptocurrency exchange, eToroX. eToroX is one of the largest regulated and licensed crypto exchanges in the market, and the listing of eGLD will make the token available to trade against more than fifteen cryptocurrencies.
What is Crypto Margin Trading & How Does it Work?
There are many different ways to trade cryptocurrency. You may have heard of “shorting” Bitcoin, margin trading, or trading with leverage. All of these terms refer to the same practice — leverage trading — but the interchangeable way they are used can make understanding how it works a little difficult.
Indonesia Officially Imposes 0.1% Tax and VAT on Crypto Income and Purchases
According to CNN Indonesia, Hestu Yoga Saksama, director of tax regulations at the Ministry of Finance, has confirmed that the government has decided to impose a 0.1% tax charge
Billionaire Bond Manager Jeff Gundlach Says Bitcoin Looks Like A Bubble Waiting to Burst
Jeffrey Gundlach, bond fund manager, said in a recent interview with CNBC that Bitcoin is starting to look like a bubble after it surged above the $23,000 level.
Samsung Launches New Phone, Featuring Crypto Wallet Equipment
Samsung is showcasing its interest in the crypto space with the release of its new flagship phone Galaxy S22 Ultra.
Xpring Invests in Towo Labs To Develop Software for XRP Hardware Wallet
Xpring, Ripple’s investment arm and tech incubator announced in a recent report that it has invested in Towo Labs, a Swedish cryptocurrency self-custody startup, to develop a software that will support XRP on a hardware wallet.
Bexplus Launches Up to 30% Interest Wallet, 100% Bonus Activity
With Bitcoin retake $19,000, the crypto market has gone wild. While the recovery of the global economy is stalled, the crypto market has seen large influxes of capital and investors. By the end of November, the total market capitalization of cryptocurrency has surpassed $500 billion.
CoinFund on Hunt for Raising $250 Million
New-York based web3 investment firm CoinFund is on the hunt to raise $250 million just three months after its previous fund. It plans to use the investment to fund seed-stage startups.
Uniswap Labs is Working to Secure over $100M in New Funding
According to TechCrunch reports, Uniswap Labs is planning a new round of equity financing of 100 million to 200 million US dollars.
How Should the Bticoin Halving Impact the Cryptocurrency Market
The Bitcoin halving, a four-year event, reduces the reward for miners, impacting crypto trading, profitability, market dynamics, and price volatility. It can create positive sentiment, attract institutional investors, and benefit various participants in the cryptocurrency ecosystem.
$11 Million Raised by the Makers of CryptoKitties to Build a New Blockchain
The firm behind CryptoKitties, Dapper Labs has been able to raise a sum of $11.2 million from investors such as Andreessen Horowitz, Digital Currency Group, and Warner Music Group.
Ethereum’s DeFi Trades Skyrocketed in Q3 2020, but Bitcoin Volume Declined
A quarterly report from eToro indicated that while DeFi sector was bullish in 2020’s third quarter (Q3), Bitcoin trades decreased in contrast.
Bitcoin's Growth is Fueled by Inflation Fears, JPMorgan Strategists say
JPMorgan analysts pointed out that the latest surge in BTC price is more likely driven by the fact that investors see BTC as a hedge against inflation.
Anthony Scaramucci Suspends Redemptions of Legion Strategies Fund
Anthony Scaramucci, the founder of hedge fund SkyBridge, is suspending redemptions of his Legion Strategies fund due to operational difficulties for private companies caused by the sharp fall in the cryptocurrency market, according to Bloomberg.
Cardano Integrated into University of Zurich’s 2021 Blockchain Curriculum
The University of Zurich has announced that a course on Cardano will be integrated into their 2021 Blockchain Curriculum.
DeFi and Exchange Tokens Participate in Crypto Bull Run
As the broader market sees a continuous run in price and valuation, DeFi and exchange tokens are also catching up on the growth.
Coinbase Acquires Cryptographic Security Company Unbound, Strengthening Presence in Israel
Coinbase has made another strategic acquisition to expand its business capabilities. The exchange is joining forces with the Unbound team to offer an even better value proposition to the Unbound customers in Israel.
Senator Cynthia Lummis Defends Bitcoin Again, Says it “Cannot be Stopped”
In an interview with Hard Money host, Natalie Brunell, Senator Lummis boldly affirmed that Bitcoin “can’t be stopped”.
EU Ensures Russia Cannot Bypass Sanctions through Crypto, Says French Finance Minister Le Maire
French Finance Minister Bruno le Maire said the EU is looking for ways other than cryptocurrencies to impose sanctions on Russia, according to Reuters.
CoinShares Lists Chainlink, Uniswap ETPs on Germany’s Stock Market Xetra
CoinShares has launched new physically-backed exchange-traded products (ETPs) for Chainlink and Uniswap cryptocurrencies.
Algorand Implements Sustainable Carbon Offset Smart Contracts
Blockchain-based crypto platform Algorand said it will implement smart contracts that automatically offset carbon emissions, and use part of the transaction fees to offset its carbon emissions.
Bitcoin's Bull Run Above $50K Has Led to Profits for 99% of BTC Addresses
As Bitcoin soars to a new ATH price above $52,000, more addresses, namely 99% of them, has benefitted.
Twitter CEO Jack Dorsey Intends to Donate Proceeds from Tweet NFT to Africa Relief Charity
Twitter CEO Jack Dorsey has capitalized on the non-fungible token (NFT) hype that has been going around.
ProShares Bitcoin Futures ETF Wants Exemptions from Trading Limits
ProShares Bitcoin futures ETF shares could grow too fast on the CME public marketplace. The firm therefore has applied to be exempted from trading limits.
SiGMA Europe Virtual Expo will focus on the European gaming and tech marketplace
SiGMA Group is excited to announce the launch of their November event, SiGMA Europe Virtual Expo. The online event, which runs from the 24th to 25th, will focus on the European gaming and tech marketplace.
Jihan Wu Regains Control Of China Bitcoin Miner Making Giant Bitmain
Jihan Wu has regained his status as legal representative and executive director of Bitmain stripping Micree Zhan of broad controlling powers.
The Importance of Community in Bitcoin's Success
Crypto Twitter user @ Bosch_ uncovered the mark after updating the Bitcoin logo's sizes.
Institutional Demand Can’t Keep Bitcoin Above $30K Says Guggenheim’s Minerd
Institutional investment in Bitcoin is not enough on its own to justify Bitcoin’s price levels said Guggenheim CIO Scott Minerd who predicts BTC will trend below the $30K level.
Ethereum's Layer 2s Break New Ground in Scalability
Ethereum has seen a 22% rise in value as of September 2023, largely attributed to the emergence of Layer 2 solutions like BASE by Coinbase, which enhance scalability and user affordability on the network. Leading Layer 2 blockchains, Optimism and Arbitrum, have surpassed major Layer 1 blockchains in Total Value Locked, indicating a growing trust and utilization in the Ethereum ecosystem. Despite centralization concerns, the progressive strides in Layer 2 solutions are poised to bolster Ethereum's standing as a dominant smart contract blockchain.
South Korean Investors Making more than $2,260 from Crypto to be Slapped with a 20% Tax in 2022
The South Korean Ministry of Economy and Finance has announced that investors making at least 2.5 million won, or approximately US$2,260 from crypto trading, will be subjected to a 20% tax from 2022.
Bitcoin Core Developer Luke Dashjr Calls Out Misleading NFT Auction
Bitcoin core developer Luke Dashjr called out an auction site for using his name and code without consent to create and sell a misleading NFT. The NFT, which featured a picture of code Dashjr wrote, was sold for 0.41 Bitcoin or roughly $9,500. Dashjr clarified that he was not involved in the creation or sale of the NFT and had not given consent for his name or code to be used.
Discover the Decentralization with the Experts in the Largest Crypto Owning Country-TURKEY
The second of the most comprehensive Blockchain and cryptocurrency conference in MENA and Eurasia will take place during two days in Istanbul on February 20-21, 2020 with the best international names in the sector. The conference will be the largest meeting in the region on behalf of the world of blockchain and cryptocurrency, with a wide range of topics focused on the financial technologies of the future, extensive networking opportunities and participation from more than 60 countries.
Sotheby's Metaverse to Launch Largest NFT Charity Auction with Sostento
Sotheby’s Metaverse announced that it has partnered with Sostento for the "biggest non-fungible token (NFT) charity auction ever".
US House Committee to Discuss Stablecoins Regulation
The US House Committee on Financial Services will conduct a hearing on April 19 to evaluate stablecoins’ position as a means of payment and whether the payment ecosystem needs supporting legislation. Circle's chief strategy officer and head of global policy, Dante Disparte, will testify at the hearing, which will focus on various stablecoins and their use in the payments landscape. A draft bill providing a framework for stablecoins in the United States was recently published in the House of Representatives document repository.
South Korea to Provide Blockchain-based Digital Identities to Citizens by 2024
South Korea plans to provide citizens' digital identities encrypted by blockchain with smartphones in 2024 to facilitate its economic development.
Bitcoin Scarcity and PayPal Crypto Inclusion Send BTC Prices Higher, Says Pantera Capital
The shortage of Bitcoin supply is the cause of the recent price surge, and PayPal’s entry into the crypto space is having a huge impact on the BTC price.
Fighting for Monetary and Financial Freedom
We look at three key aspects (money form, money issuance, and the flow of money) of our monetary and financial system where the blockchain technology may have a major impact
Crypto Exchange Anchex Raises $1M to Expand Customer Base
U.S.-based cryptocurrency exchange Anchex has raised its largest-ever investment of up to $1 million to expand the customer market.
Biden's Administration "Will Ultimately Be Supportive" of Bitcoin, says Circle CEO
Circle's CEO, Jeremy Allaire said on CNBC Squawk Box that he believes the Biden Administration will be more friendly towards Bitcoin and cryptocurrencies.
SEC to Give "Careful Consideration" to Concern about Spot BTC ETFs: Gensler
Gary Gensler, Chairman of the United States Securities and Exchange Commission (SEC), has promised to give a “Careful Consideration” about spot Bitcoin Exchange Traded Products (ETPs).
Formula1 Announces Pairing with Crypto.com as its Global Partner
Hong Kong-based cryptocurrency exchange Crypto.com is now pairing with racing car brand Formula 1 as a global partner.
Victims of BitConnect Ponzi Scheme to Benefit from the Liquidation of $57M Crypto Assets
Victims of BitConnect fraud scheme have a reason to smile about after a court order granted the sale of cryptocurrencies accrued from the scam.
El Salvador to Build the World's First Bitcoin City, Funded by Bitcoin Bonds
El Salvador’s President, Nayib Bukele has unveiled the country’s plans to build the first fully functional Bitcoin city, a project that is billed to be funded by a Bitcoin-backed, government-issued bond.
Bitcoin of America to Pay $86,000 in Settlement with Connecticut Department of Banking
Bitcoin of America, an Over the Counter (OTC) cryptocurrency exchange and a national operator of Bitcoin Kiosks, has been ordered to refund $86,000 to consumers in Connecticut, according to a recent announcement by the state's Banking Commissioner, Jorge Perez.
XRP Money Flows Into Bitcoin Fueling Parabolic Christmas Price Surge, Is $30,000 BTC Price Next?
Bitcoin (BTC) price has been on a parabolic bull run since the lead up to Christmas, adding over 50% to its value. But what is driving the price and is $30,000 next?
Chainlink Flippens Bitcoin Cash by Market Cap, DeFi Push May Take LINK Price Even Higher
Despite a slight correction seen in the last few days, Chainlink (LINK) has continued to rally higher, reaching another new all-time-high, almost reaching $17.
Blockchain Transactions Affirm Suspicious Levels of RaaS Interconnectedness
Blockchain transactions confirm the interconnection between four prominent ransomware strains. A good sign for law enforcement to deter illicit money transfers.
Ark Invest's Wood Turned $100,000 Investment in Bitcoin to $7M
Cathie Wood said she currently owns over $7 million worth of bitcoin, which she purchased on the advice of Reagan-era economist Arthur Laffer, while it was trading at $250.
SFOX Working to Open Market by Facilitating Trading in Bitcoin Derivatives
Crypto prime brokerage SFOX said that they are working to open a market that facilitates banks and market makers to trade in bitcoin derivatives.
Crypto Review 2021: Full of Uncertainty and Volatility
Before the end of 2021, Blockchain.News summaries serval key events and milestones that the crypto sector has witnessed this year.
Teenage Twitter Hacker Could Use Bitcoin to Post $725,000 Bail
The mastermind behind Twitter’s recent massive hack attack has finally been arrested after a nationwide investigation by the FBI, and bail for him has been set at $725,000.
Amun AG, on 7 Unique Metrics of Bitcoin Valuation
We have exclusively spoken with Lanre Jonathan Ige, Researcher of Amun AG on the limitations of traditional valuation approach and some unique metrics for Bitcoin valuation.
The Adoption of Bitcoin May See Considerable Increase if the Proposed Cash Ban in Australia Activates
Under the new bill being considered by the Australian Parliament, people could be jailed for two years and pay a fine of $ 25,200 for just using more than $10,000. If this bill is passed, it will force its citizens to look away from traditional fiat currencies and go for decentralized digital currencies such as Bitcoin.
3 Good Reasons Why Investors Should be Optimistic About the Future of Crypto
Amidst the ups and downs the market has experienced in recent times, here are the top three reasons to stay positive as the market journeys onto more maturity.
General Motors May Follow Tesla in Accepting Bitcoin Payments but Will Not Invest in Bitcoin - GM CEO
General Motors CEO Mary Barra has revealed that the car producer could accept Bitcoin as a payment method, but this would depend on whether there is customer demand.
Decentralized Oracle Empiric Network Raised $7M Led by Variant
Decentralized oracle on StarkNet,an Ethereum Layer 2 network (a scaling solution) - Empiric Network has secured $7 million in funding led by Variant.
Cryptocurrencies Should be Given Room to Grow, Asserts IMF Chief
Christine Lagarde, the IMF Chief has asked financial players, such as central banks, to be open-minded when it comes to innovations, such as cryptocurrencies, as they should be given space to grow.
AMC Theatres to Accept Shiba Inu and Dogecoin by March 19
American entertainment and cinema brand AMC Theatres is set to integrate Dogecoin (DOGE), and Shiba Inu (SHIB) as payment options for its services.
Bitcoin Bull Tim Draper Says Regulators Have Made IPOs Too Expensive
Speaking on Unitize panel, billionaire investor Tim Draper advised blockchain companies to avoid funding through an initial public offering (IPO) as regulators have made the process far too expensive.
PrimeXBT Review | Key Features Offered By Advanced Trading Platform
Reviews of trading platforms are essential in assisting traders with selecting the proper platform for their unique trading style, taste in trading instruments, and features that stand out as must-haves. It can save traders a great deal of time and money, by weeding out the platforms that don’t deserve a deposit.
Exclusive: Is Belarus the Heaven for Tokenized Exchanges?
In this interview with George Paliani, CBDO of Currency.com, we explored the fundamentals of the tokenization of assets and its underlying regulatory requirements. George explained that Currency.com isn’t just an ordinary exchange, where it is a platform with cryptocurrencies and traditional financial products such as commodities, indices, stocks, bonds.
Elon Musk's X to Launch In-App Payment Services by Mid-2024
Elon Musk's X plans to launch in-app payment services by mid-2024, indicating a shift from his previous crypto interests to fiat currency.
Worldline and Bitcoin Suisse to Revitalize Swiss Point of Sales with Crypto Usage
Worldline, a top European company in the payments and transactional services industry, has struck a deal with Bitcoin Suisse, a notable Swiss crypto financial services firm, to present crypto payment services to Swiss consumers and merchants both in-web shops and in-store.
President Nayib Bukele Confirms Purchasing 150 BTC Amid Crypto Market Crash
El Salvador President Nayib Bukele confirmed the country has purchased an additional 150 units of BTC despite the market dip. The nation experienced the volatility of crypto just within a day after adopting BTC as legal tender.
Jul 6: Make it or Break it?
BTC managed to close above $9k and getting bid early as Asia opens up with stocks in the region moving higher. We did see $9K getting breached twice over the weekend but bears haven't had enough strength to push for a sustained move lower.
South Korea Strengthens the Supervision of Crypto Exchanges,Nearly Two-thirds of Exchanges Forced to Close with $2.6B in Losses
Financial Times reported the South Korean Financial Services Commission (FSC) has begun to tighten the supervision of local and overseas cryptocurrency trading platforms in South Korea, resetting a new deadline on September 24.
Bitcoin Price Pops Over Wall Of Sellers at $20K, Flips Resistance to New Support Level
Despite reports that a wall of sellers was waiting for Bitcoin at the $20,000 price level the BTC price surged over the wall and may have flipped the resistance into a support line.
Crypto.com Appoints Former Visa Country Manager Patrick Yoon in Charge of South Korea Operations
Cryptocurrency exchange Crypto.com appointed Patrick Yoon, former Visa country manager, as the general manager of the South Korea region to be in charge of the market in South Korea and Mongolia.
United States’ Third Largest Bank Wells Fargo to Reveal Coin in 2020
USA’s fourth-largest bank has announced it will develop its own cryptocurrency for international transfers in 2020.
Long-Term Bitcoin Holders Keep Stacking While Short-Term Holders Keep Selling
On-chain analyst William Clemente III revealed that long-term holders keep on stacking as short-term holders keep on selling.
Bitcoin Rallies Back to $50,000 on Backing from Ark Investment CEO
Bitcoin (BTC) surged to $50,000 after nosediving to lows of $45,000. Cathie Wood, the CEO of Ark Investment Management, trusts that this correction is healthy for the market.
California Court Orders Kraken Exchange to Reveal Identities of Users who Have Transacted in Crypto
IRS has secured authorization from a federal court to issue a John Doe warrant to Kraken to reveal the identity of users transacting in crypto.
Solana Spaces to Close Down Stores
Solana Spaces shuttered its two Solana-themed retail outlets in New York and Miami after seven months, citing a shift in investment emphasis.
A Guide to Minimizing Risk in Crypto Trading
Risk management in crypto trading, shaped by market volatility, involves setting stop-losses, proper position sizing, using take-profit orders, and diversifying assets. Continuous learning is vital.
Bitfarms Achieves Milestone with 446 BTC Mined in December 2023, Marking Significant Growth
In December 2023, Bitfarms reported a productive month with 446 BTC mined, $18.9M in revenue from BTC sales, and a $84M year-end cash reserve.
Holding Gold While it Depreciates is "Insanity" says Anthony Pompliano
Bitcoin investor Anthony Pompliano believes that holding Gold while its value or price is contracting is not a wise move for investors, highlighting Bitcoin's superiority.
Litecoin Foundation Partners with Cred to Let Crypto Holders Earn Interest
Litecoin Foundation has announced a partnership with Cred to begin offering interest on Litecoin held as collateral. Cred customers can freeze their coins with Cred and earn up to 10% annual interest on their digital assets.
Ukraine Legalizes Bitcoin amid Intensified Tension with Russia
The Ukrainian parliament unanimously voted to legalize Bitcoin and cryptocurrencies by passaging a Virtual Assets law on Thursday, amid the intensified tension with the potential military conflicts with Russia.
Bitcoin Is in a Normal Consolidation Market, says Bollinger Bands Inventor
The inventor of the famous Bollinger Bands indicator John Bollinger has suggested that the current Bitcoin price action depicts a normal consolidation market.
First Belgian Elected as European Legislator to Accept Salary in Bitcoin
Following in the footsteps of New York City Mayor Eric Adams, Brussels MP Christophe De Beukelaer intends to convert his salary to Bitcoin.
When China Yuan Sneezes, Bitcoin Wears a Mask
My thesis continues to be that larger accounts (i.e. whales who own > 1000 BTC) have started to liquidate (which I shared yesterday that this number have continued to decline for the past two weeks), and potentially chase/re-allocate into equities.
APENFT Foundation Announced The Second Call of its $100 Million Art Dream Fund.
APENFT Foundation announces that the second call of its $100 million Art Dream Fund will launch on August 1st, and registration will close on October 30th. The theme for this year’s call is "Post-Human Era." This theme seeks to explore whether the future of humanity can transcend traditional self-centered humanism and how people should position themselves in a complex ecosystem consisting of non-human animals, plants, and cyborgs. Winners will be eligible to win from a prize pool of over $100,000. In addition to prizes, creators will also enjoy the opportunity to build their art studios in The Sandbox, a metaverse set to launch by APENFT and TRON. Creators will also be able to get involved in annual online and offline exhibitions curated by APENFT, workshops, artist residencies, and other educational events.
Coinbase Addresses Zcash Mining Centralization Concerns
Coinbase's Blockchain Security Team has identified a 51% control over the Zcash network's computational power by a single mining pool, ViaBTC. This raises concerns about security vulnerabilities, such as double-spend attacks and censoring transactions. To address this, Coinbase increased the Zcash confirmation requirement to 110 blocks, transitioned its trading markets to a limit-only state, and engaged with stakeholders.
Crypto Exchange CEX.IO Named as Top 10 Safest Crypto Exchanges by CryptoCompare
Cryptocurrency exchange CEX.IO is named in the top 10 safest cryptocurrency exchanges by CryptoCompare.
Bitcoin Drops Down Nearly 50% from its Peak-Where is the Key Support Level?
The largest mainstream cryptocurrency Bitcoin continues another round of sell-off after a roller-coaster week trading. On Sunday, Bitcoin's biggest drop reached to 18% and fell to the lowest $31,111. This price was almost half of the $64,854 Bitcoin hit its All-Time High (ATH) on April 14 this year.
Bitcoin Evaporated 30 Billion Market Cap Amid Coronavirus Pandemic and Bearish Economic Outlook
There's a sea of Red for stocks and cryptocurrencies this week. Bitcoin has dipped below USD $6000 for the first time since May 2019. The selloff of cryptocurrencies has extended to altcoins which the price of Ethereum and Bitcoin SV have dropped 30% and 40% respectively.
Cardano Nodes Go Offline for Half an Hour
Stake pool operators reported 50% of Cardano nodes disconnecting and restarting due to anomaly. Cardano's fintech business is investigating the anomaly's cause.
Breaking: PayPal Launches Stablecoin PYUSD
PayPal has launched a U.S. dollar stablecoin, PayPal USD (PYUSD), backed by U.S. dollar deposits and Treasuries.
Bitcoin Bull Tim Draper Reveals Crypto Investment Secrets – Ripple, Bitcoin Cash, Tezos, and More
Renowned tech billionaire Tim Draper revealed that his crypto investment portfolio in 2020 was not only restricted to bitcoins but also contained a variety of altcoin assets.
Fintech-Ideas brings blockchain functionality to its range of platforms
Enterprise software developer Fintech-Ideas has integrated a suite of blockchain tools to its SaaS offerings. The provision will enable businesses to utilize powerful web3 features such as tokenization, NFTs, and distributed storage.
Standard Chartered Expands Business by Joining Crypto Family
Standard Chartered, the British multinational bank (MNB), announced Wednesday that the corporation has joined and followed the cryptocurrency trend.
Bitcoin Average 30-Day Returns Slip to 8-Week Low
The price drop in the Bitcoin market has made the average 30-day returns sink by at least 6%, hitting an 8-week low.
Vitalik Buterin: Libra is a Real Wake-up Call for Governments
Libra has been hit with yet another wave of attack that could lead to a possible set back coming as a result of fresh resistance from regulatory bodies across the globe.
Binance Launches Reward Campaign for Bitcoin Halving
Binance announces a 13,000 FDUSD reward pool to incentivize Bitcoin purchases via its "Buy Crypto" feature, aligning with the Bitcoin Halving event.
Paypal Confirms Plans to Launch its Platform Specific Stablecoin
American payments giant Paypal Holdings Inc has confirmed it is working on its own digital currency which may take the form of a stablecoin.
Microsoft Loses TikTok to Tech Giant Oracle – What This Means for Bitcoin and Blockchain Industry
TikTok, the multibillion-dollar video sharing platform popularized by millennials and Gen Z, has chosen Oracle Corporation as its tech partner over Microsoft.
Samsung Adds New Crypto Feature to Their Devices with “Stellar” Blockchain
Samsung device users can now securely store the private keys of their cryptocurrency wallet on their phone, with a recent add-on feature by the Stellar Development Foundation (SDF).
French Man Who Paid $500,000 In Bitcoin to Activists Involved in US Capitol Hill Riot Leaves Behind A Suicide Note
A Frenchman, who paid more than $500,000 In Bitcoin to Trump supporters left behind a scathing suicide note justifying his health difficulties.
Bitcoin Ransoms Doubled in 2019, New Report Warns Investors
Crypsis Group, a crypto forensics firm, noted in a recently released security report that crypto-ransoms, such as those involving Bitcoin, rose almost 200 percent for last year, compared to 2018.
Taiwanese Authorities Caution Against Crypto Betting for 2024 Presidential Election
Taiwanese authorities warn against using cryptocurrency betting platforms for the January 2024 presidential election, amid ongoing investigations and multiple arrests.
Coinbase Welcomes New Chief Legal Officer from Facebook's Legal Team: Introducing Paul Grewal
Coinbase proudly announced in a July 8 blog post that a new addition will be made to the crypto exchange’s legal team. Paul Grewal, a former US magistrate judge in California and Deputy General Counsel for Facebook, will be joining the ranks of the digital currency exchange.
US Crypto Crackdown Hurts USD Coin
Circle CEO Jeremy Allaire has blamed the declining market capitalization of USD Coin (USDC) on the cryptocurrency crackdown by US regulators. Allaire cited global concern about the US banking system and regulatory environment as major factors.
CNBC's Jim Cramer Sold Some of His Bitcoin to Pay Off A Home Mortgage
CNBC’s Jim Cramer has disclosed that he has sold some of his Bitcoins to pay for a house.
Bitcoin Breaks $20k for the First Time, the Legend Continues
Bitcoin just broke $20,000 for the first time and reached a record high, marking a milestone of an inevitable trend in money and finance.
Intercontinental Exchange Plans to Launch Bakkt Bitcoin USD Cash Settled Monthly Futures
Singaporean Intercontinental Exchange (ICE) announced its plan to launch the Bakkt Bitcoin (USD) Cash Settled Monthly Futures, the first well-regulated futures platform for cryptocurrencies, on December 9.
Indicio Secures $3.5m to Expand Blockchain Technology to Validate Digital Credentials
Seattle startup Indicio has announced a $3.5 million seed round led by Hard Yaka.
TRON Toasts Tether Takeover in Bumper Year for Blockchain Network
2020 will go down as a good year for crypto and a very good year for TRON. While the entire industry came on in leaps and bounds, the progress made within the ever-expanding TRON ecosystem was particularly impressive, giving even its skeptics pause for thought.
Brazilian fintech giant XP Inc Launches Crypto Trading Platform XTAGE
Brazilian fintech giant XP Inc has announced the official launch of the XTAGE cryptocurrency trading platform in Brazil, opening the door for more than 3.6 million potential users to invest in the cryptocurrency market.
NSA Whistleblower Edward Snowden Might Return to US as President Trump Considers Pardon
US President Donald Trump is considering an executive pardon for NSA whistleblower Edward Snowden after 7 years of exile in Russia. Snowden has been an advocate of Bitcoin for some time and most of the servers he used to leak the sensitive information were paid for in Bitcoin.
Securities Clearing Firm Euroclear Invests in Fnality, Advancing Distributed Ledger Technology
Euroclear Group has invested in Fnality, an international consortium of global banking and financial market infrastructure, to advance distributed ledger technology (DLT) to support the adoption of tokenized assets and markets.
Worldcoin Introduces World ID 2.0: Revolutionizing Digital Identity Verification
Worldcoin's World ID 2.0 integrates with Shopify, Mercado Libre, Reddit, and Telegram, enhancing user verification and addressing digital fraud.
Crypto Miner HIVE Blockchain Rebrands to Drive AI Expansion
HIVE Blockchain Technologies Ltd. has declared its plan to strategically rebrand, including a transition to the new name "HIVE Digital Technologies Ltd." This rebranding initiative is designed to mirror the company's progression into the realm of high-performance computing (HPC) data centres, utilizing Nvidia's superior Graphics Processing Unit (GPU) chips to tap into the burgeoning trend of widespread adoption in the field of Artificial Intelligence (AI).
Coinbase’s Upcoming IPO May Lead to Better Crypto Regulation in the United States
Coinbase’s upcoming listing may be what it takes to trigger better cryptocurrency regulation in the United States.
Mike Novogratz on Why He Now Believes Crypto Should Take Up a Bigger Portion in Investors' Portfolios
Mike Novogratz, the CEO of Galaxy Digital recently revealed that he has around half of his net worth tied up in cryptocurrencies.
Memeland (MEME) Launches Zero-Fee Social Staking Protocol Stakeland
Stakeland is introduced as a community-first social staking platform by Memeland, aiming to empower the $MEME ecosystem with zero fees.
USDT Tokens Now Live on the Polkadot Network
Tether Limited recently expanded its reach across various blockchain platforms by launching its stablecoin (USDT) on the Polkadot network
Mining company Argo Blockchain to Launch Flagship Mining Facility in Texas
The London-listed Bitcoin mining company Argo Blockchain will officially launch its flagship mining facility Helios in Texas next week.
Google to Unleash Bitcoin ETF Ads
Google will allow Bitcoin and other cryptocurrencies, including Bitcoin ETFs, to be published on its platform starting January 29, 2024. This move is significant for the blockchain and cryptocurrency sectors, as it increases exposure and awareness among a vast audience. The policy change will require advertisers to comply with local regulations.
Recap on 2019: What Does the World Think of Central Bank Digital Currencies?
The European Central Bank has recently developed an “anonymity voucher” to safeguard potential central bank digital currency (CBDC) users’ privacy for low-value retail transactions, while ensuring that high-value transfers are subject to anti-money laundering (AML) approvals.
Bitcoin’s Price Remains Stable Despite Crypto Market Crash, BTC Matures into a Less Volatile Asset
The world’s largest cryptocurrency has seen slight volatility, and has dropped back down below the $23,000 level, before gaining strength to trade at $23,172.
Russian Finance Ministry on Track to Legalize Crypto for Cross-Border Payments
The current economic landscape in Russia is forcing both the Central Bank and the Ministry of Finance to rethink their approaches to cryptocurrencies.
Coinbase Revenue Triples in Q1 2021 amid Lower Than Expected Earnings per Share
Coinbase released its first quarterly financial report of 2021 yesterday. This is the company's first earnings report since its direct-listing on Nasdaq on April 14.
Bitcoin Set to Recover From the Coronavirus Pandemic-Triggered Global Financial Crisis?
The price of Bitcoin has seen a decline of 8 percent from the start of this year until early April, and 90% of Finder’s survey panel believe is caused by the coronavirus pandemic. Although COVID-19 made up for most of the explanation for the dip, many believe that the Plus Token scam also had an impact.
Here's How the Stock Market and the Bitcoin Price Responded as US President Donald Trump Has COVID
United States President Donald J Trump, and First Lady Melania Trump have both tested positive for COVID-19 stirring different reactions in the stock market.
German Authorities Clamps Down on 'Shitcoins club' Bitcoin ATM Operations
Germany’s financial regulator (BaFin) has moved to stop the operations of Shitcoins Club, a popular Bitcoin ATM operator in the country.
Blockchain.com Signs Dallas Cowboys quarterback Dak Prescott as Brand Ambassador
Cryptocurrency exchange Blockchain.com has announced that it has entered into a multi-year partnership with Dallas Cowboys quarterback Dak Prescott of the National Football League.
Hong Kong Fintech Week 2019
Hong Kong Fintech Week is an international fintech event. This year, it is moving to a bigger venue – AsiaWorld-Expo to accommodate a greater variety of programmes, business events, exhibitors and attendees. It is expected to attract over 8,000 industry leaders and gather more than 200 top-notch speakers, including fintech entrepreneurs, investors, regulators and academics, over 400 media and 100 fintech exhibitors.
SEC: X Account Compromised Through Phone Number Control in SIM Swap Hack
The recent unauthorized access to the U.S. Securities and Exchange Commission's (SEC) X account, which led to a fake Bitcoin ETF announcement, has raised significant concerns about cybersecurity in financial regulatory bodies.T
Making a Difference in Africa: Paxful Unveils Bitcoin Donation Fund to Overcome Coronavirus Pandemic
Paxful aims to provide support in Africa to address the coronavirus outbreak.
Fed Rate Hike Unclear, Bitcoin Falls Below $21,000
The largest cryptocurrency, bitcoin, tumbled more than 9 percent to below $21,000, hitting a new low in late July. Bitcoin also posted its biggest one-day drop since June.
Bitcoin Network Mining Difficulty Nears ATH as Institutional Investors Dismiss BTC Price Volatility
Bitcoin’s network mining difficulty has risen by 8.9 percent today, and is now only 4.4 percent below its all-time high.
Joe Weisenthal: Only Point of Bitcoin Is to Do Transactions “THE MAN Doesn’t Want You to Do”
Former Business Insider executive editor and current Bloomberg Business editor Joe Weisenthal had some interesting things to say about bitcoin and blockchain.
Decentralized Exchanges—UniSwap vs SushiSwap Explained
A quick insight into the world of decentralized exchanges and the ongoing war between Uniswap and Sushiswap.
Bitcoin Dipped below 100-hour MA, Triggering Further Downswing, Analyst Suggests
Bitcoin dipped below the 100-hour MA, triggering a continuous downswing. Analysts suggest the leading crypto might further drop to a level between $19.3K and $18.6K.
Gate.io Executive Explains: What Can We Expect for the Upcoming Bitcoin Halving Event and Crypto in 2020?
Bitcoin halving has been suggested as a significant event. Gate.io also released a halving countdown page for nine major cryptocurrencies in 2020, keeping its users informed of the latest status on halvings. “As an exchange, we want to be instrumental in providing useful information about Bitcoin Halving to our users and the overall community,” Tatibouet said.
BVNK Raises $40M in Series A Round Led by Tiger Global
Cryptocurrency startup BVNK has raised a $40 million Series A round led by Tiger Global.
Snowcrash Launches NFT platform, Working with Sony Music Entertainment and Universal Music Group
Solana-based NFT marketplace Snowcrash announced a partnership with Sony Music Entertainment and Universal Music Group by launching an NFT trading platform.
Cere Network unveils Vision 2.0 primed to be a key driver of Web3 infrastructure adoption in 2023
Cere Network, a leader in Decentralized Data Cloud (DDC) platforms, announced today the launch of Vision 2.0 to update supporters on its mission for truly decentralized Web3. The Vision 2.0 release follows the launch of Cere Network’s new website, which displays an array of exciting technology updates along with partnerships and applications in the pipeline.
Off to a Good Start: Crypto Market Awakening on Sustained Retail Stack Up
With more headwinds ahead as it relates to the US Fed’s potential of raising interest rates yet again, retail investors are arguably staying alert to avoid being caught off-guard in the crypto market.
Bitcoin Endured Two Major Capitulation Events in H1, Glassnode Shows
Bitcoin has experienced significant ups and downs in the first half year due to various uncertainties and events like the LUNA collapse.
Coinbase Wallet Takes a Step Further by Letting Users Earn Interest with New DeFi Integration
Coinbase’s mobile app Coinbase Wallet has previously enabled the access of decentralized applications, Dapps, the crypto giant has taken one step further in the decentralized world. Coinbase has recently announced that the integration of decentralized finance (DeFi) applications will be made available directly via the Coinbase Wallet on both iOS and Android.
FinCEN's Proposed Crypto Rule Does Not “Follow Proper Procedure”- Coinbase CEO
Coinbase CEO Brian Armstrong criticized the FinCEN's proposed regulatory procedure for cryptocurrencies, calling it ill-advised.
Bali-based Ekta Secures $60m from VC GEM
Bali-based Ekta has secured $60 million in funding from venture capital firm Global Emerging Markets (GEM), despite a downturn in the crypto market.
Bitcasino Launches World Cup Campaign with Raffle Prizes, including VIP Match Tickets
Bitcasino, one of the most popular crypto casinos, is celebrating this year's FIFA World Cup in Qatar with a three-round raffle campaign for its players, occurring between June and September. Three lucky players will win World Cup VIP packages consisting of match tickets, yacht cruises, and 5-star accommodation and business class flights. Moreover, the platform will give out 25 other prizes during each round, including iPhones, iPads, Airpod Max headphones, and USDT rewards.
What Coinbase CEO’s Crypto Regulation Rumors Mean for Bitcoin if Pushed by US Treasury?
Brian Armstrong, CEO of Coinbase, warned that the Trump Administration may be targeting Bitcoin on its way out of office through regulation, but what impact could it have?
Heath Tarbert Joins Circle as Chief Legal Officer and Head of Corporate Affairs
Circle Internet Financial has appointed Heath Tarbert as its new chief legal officer and head of corporate affairs, effective from July 1, 2023.
Stablecoin and Its Potential Business Uses
Blockchain innovation has significantly changed the way we thought in the traditional financial sector. All of those concepts and business models, such as decentralization, cryptographic tokens, and digital ledger, also brought us more imaginations toward the future forms of money.
DeFi Project HUMAN Protocol Launches Routing Protocol for Data Contribution
DeFi project HUMAN Protocol launched a new blockchain coordination layer called Routing Protocol, which aims to improve the data contribution function on the blockchain.
Bitcoin’s Movement Shows the Redline Between Net Buyers and Sellers is the $40.9K Zone
Bitcoin has shown the area separating net buyers and sellers is the $40.9K area based on data collected between October last year and April 2022.
The web3 gaming company Kryptomon partners with Unstoppable Domains
The web3 gaming company Kryptomon which develops the living-NFT-powered metaverse game combining Play-and-Earn gaming mechanics, announced today its partnership with Unstoppable Domains, the leading provider of Web3 domains.
US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela
U.S government has tapped Circle’s USDC stablecoin to offer foreign aid in Venezuela through President-elect Juan Guaidó exiled government.
Bitcoin Hits A New Record High Of Over $37,000 As Wild Price Swing Resumes
Despite wild price swings set in, Bitcoin seems to continue marching higher. The crypto surged to fresh new heights on Wednesday, January 6, hitting above $36,000.
Russia's Central Bank Plans to Launch its CBDC-Digital Ruble across all Banks in 2024
The Bank of Russia launched a digital ruble experiment in 2022 to explore business models and innovative use cases for central bank digital currencies (CBDCs).
Big Investors Are Fueling Bitcoin’s Record-Breaking Rally, According to PWC
Big four accounting firm PWC has acknowledged that big investors are driving the Bitcoin (BTC) price based on their overwhelming appetite for the leading cryptocurrency.
CoinCodex and CoinGecko Break CoinMarketCap's Monopoly on Cryptocurrency Rankings and Price Tracking
Since the release of Bitcoin in 2009, the cryptocurrency industry has continued to evolve to the extent that major banks like JP Morgan Chase have started supporting crypto businesses. This trend has created avenues for various cryptocurrency comparison sites that list prices, market cap, trading volume, and coins in real-time. Nevertheless, this field is no longer a one-stop shop because CoinGecko and CoinCodex have come up, and they are giving CoinMarketCap a run for its money.
Binance to Support REI and MobileCoin Network Upgrades
Binance supports network upgrades and hard forks of REI Network and MobileCoin, ensuring timely assistance for blockchain advancements. Upgrades are scheduled for September 11, 2023, and September 26, 2023, respectively. Binance will handle technical requirements for users, and will resume reopening after network stability is confirmed.
El Salvador's Government Refusing to Share Details on its BTC Stack - ALAC
El Salvador's BANDESAL has denied the request for its Bitcoin information from ALAC
Bitcoin and Ethereum are Risking a Second Price Dip
Reasons why both Bitcoin and Ethereum are at risk of a second price dip this week.
Bitcoin Whales Surge as Economic Inflation Meltdown Looms, Over 2000 Wallets Now Hold Over 1000 BTC
On-chain analytics data confirms that Bitcoin whales are forming quickly, likely as economic inflation looms.
One Pepe Coin Whale Liquidates Holdings as Another Opens $PEPE Ethereum Pool
Whale 0x9da executed a significant swap of 452.911B $PEPE tokens for 194.31 Ethereum ($ETH), resulting in a profit of $216K. This follows the whale's initial accumulation of $PEPE tokens from the Huobi exchange. Pepe Coin (PEPE) hit its lowest price since its Binance listing, with its value plummeting to $0.00000082. The crypto market is tumultuous, with Bitcoin potentially dropping to $20,000.
Bitfinex and Tether Face Market Manipulation Class Action Lawsuit
Roche Freedman, New York-based legal firm, filed a class-action lawsuit on behalf of those who own cryptocurrency against Bitfinex and Tether and others for crypto market manipulation and creating the largest bubble in history.
China's Bitmain shows Bitcoin Mining remains Profitable After Posting $300 Million in Revenues
Bitmain, one of the largest mining equipment makers globally, has reported revenues of $300 million thus far in 2020. While its business has faced turmoil in recent times, the core strategy continues to reap benefits.
Bank of Thailand Warns Against the Use of Digital Currencies Payments
The Bank of Thailand warned against the use of digital currencies as legal tender.
R3 CTO Explains—Permissionlessness: A Simple Concept With Profound Implications
Consider some of the unusual or unique things about the Bitcoin network. First, if you have an internet connection then you can transact using Bitcoin without needing the services or approval of anybody else to do so. Secondly, if you run a full node, there’s nobody upon whom you must rely to validate any information you receive; you can fully check it for yourself.
Axon Explores Blockchain to Fight Body-Cam Deepfake Videos
Axon Enterprise Inc, a leading manufacturer of body-cams for United States law enforcement agencies has produced new cameras enhanced with blockchain technology in an attempt to thwart ‘deepfake’ videos.
Bitcoin Bulls Buy the Dip as Analytic Firm says BTC Price Recovery is Optimistic
Bitcoin’s price has recently corrected after weeks of making straight gains, what's next for BTC?
Crypto.com Plans Multi-million dollar Renovation of Staples Center
Singapore-based crypto exchange Crypto.com plans to renovate a series of updates to its iconic arena, the Staples Center, including renovations of giant screens and concession stands, and a terrace overlooking downtown Los Angeles.
What is Pepe Coin?
Pepe Coin is a deflationary memecoin with a 420.69 trillion supply. It's traded on both centralized and decentralized exchanges. Despite interest, reaching a $1 price is deemed impossible, given the comparison to the U.S. stock market.
Square to Build a New Open Developer Platform Focusing on Bitcoin
Square CEO Jack Dorsey announced on Twitter that the company is actively creating a new decentralized financial services business platform, mainly focusing on Bitcoin and other mainstream virtual currencies.
Holograph Integrates LayerZero To Facilitate Holographic Omnichain NFTs That Beam Across Blockchains
Holograph, the omnichain interoperability protocol for minting and bridging non-fungible tokens (NFTs), is partnering with LayerZero to deliver its patented ‘holographic’ bridging solution that seamlessly beams tokens across blockchains with complete data integrity, including persistent smart contract addresses and token IDs.
Raoul Pal Predicts that Ethereum Will Hit $20K by the End of the Year, as ETH Smashes a New All-Time High
As Ethereum rallies to a new ATH, investment strategist Raoul Pal has predicted that the cryptocurrency will hit $20,000 by the end of 2021.
Coinbase Exchange Launches its NFT Marketplace
Digital asset trading platform Coinbase has announced the launch of the NFT marketplace targeted to empowering digital artists and the broader metaverse.
51% of Crypto Investors in Saudi Arabia Optimise Crypto Future, KuCoin Study Shows
Nearly 3 million citizens in Saudi Arabia have entered the crypto space over the past six months, according to a study by KuCoin.
Revenue from MicroStrategy’s $600M Private Offering Will Be Used to Buy Even More Bitcoin
MicroStrategy will host a $600M private offering and the revenue will be used to buy more Bitcoin.
Venezuela's Petro Cryptocurrency to Cease Operations
Venezuela ends its Petro cryptocurrency, a failed oil-backed digital currency initiative aimed at evading U.S. sanctions. Launched in 2018, it struggled for adoption due to legal issues, limited functionality, and lack of international interest.
Tether Completes Reserves Attestation by Major Global Accounting Firm
BDO, a global accounting company, has attested Tether's reserves.
Is the Price of Bitcoin Satoshi Vision (BSV) Driven by Fake News?
The BSV (Bitcoin Satoshi Vision) price chart is peculiar to analyze. Given the state of cryptocurrency investment, it is safe to say that a large influencer of crypto value is derived from speculation, and BSV is plagued by speculation as its chain leader, Craig Wright, continues to claim that he is Satoshi Nakomoto—the anonymous original creator of Bitcoin.
IMF: Latin America and the Caribbean Embrace CBDC and Crypto Assets
Interest in central bank digital currencies (CBDCs) is on the rise in Latin America and the Caribbean (LAC), with several countries making significant advancements in their adoption, according to IMF.
Crypto Escrow Company Promises Bitcoin, Pleads Guilty to Defrauding Client Over $3 Million
Jon Barry Thompson, the executive of Volantis Market Making cryptocurrency escrow company, has pleaded guilty in a crypto escrow scam worth $3.25 million.
Transactions Worth over $100K Escalate on the Dogecoin Network after Elon Musk's Acquisition of Twitter
Dogecoin has been in a frenzy in the past 24 hours following the acquisition of Twitter by Elon Musk, the CEO of Tesla Inc.
Filecoin (FIL) Price Analysis – March 26,2021
The recent Chainlink integration with Filecoin has served to push Filecoin's price up. Currently, it seems likely that FIL will break the resistance of $96.
VanEck, SolidX Bitcoin ETF Proposal Withdrawn by CBOE from SEC Review
On September 17, the US Securities and Exchange Commission (SEC) officially announced that the Chicago Board Options Exchange’s (CBOE) Equity Exchange had withdrawn its application for the VanEck/SolidX bitcoin ETF proposal on September 13.
India's Proposed Crypto Tax Rules May Become Law
India's proposed crypto tax rules may become law tomorrow through parliament.
Bears Dominate Market as Bitcoin Trading Below Key Daily Moving Averages
Market analysts believe bears are still in charge as Bitcoin is still trading below key daily moving averages like 50 MA, 200 EMA, and 200 MA.
Crypto’s Options Market Expands Beyond BTC and ETH to TONcoin
Until today, you could only trade options with two cryptocurrencies: Bitcoin (BTC) and Ethereum (ETH). BIT exchange has just launched TON options, making TONcoin (TON) the third cryptocurrency available for this purpose.
Bitcoin Plunges Over 11% Decline with $141.4M Outflow from Institutions
Bitcoin suffered its biggest decline in 10 days which has fallen by 11.19% in the past 24 hours, with the net outflow of institutions reaching a record of $141.4 million last week.
US Government to Auction $130 Million in Silk Road Bitcoin
The US government is auctioning over $130 million in Bitcoin seized from the Silk Road case, involving digital assets linked to criminal activities. This significant move reflects the evolving approach to handling cryptocurrencies in law enforcement.
Russian Policy Boss Wants to Block Cryptocurrencies, Says They Are Difficult to Regulate
Anatoly Aksakov, head of the State Duma Financial Market Committee, stated that the country should explore other options for crypto regulation.
Ripple (XRP) CEO on How China Is Controlling Bitcoin and Will Potentially Dominate All Cryptocurrencies
Ripple CEO Brad Garlinghouse explained why the majority of Bitcoin (BTC) was controlled by China, as he discussed the country's role in the blockchain sector.
BITWORK alliance with BINARYSTAR, ultimately creating a greater knowledge hub and Blockchain Community between Hong Kong & Japan
BITWORK, the Blockchain community pioneer headquartered in Hong Kong is proud to announce their new strategic partnership with BINARYSTAR, is a renowned company operating Blockchain businesses and community in Japan.
The Reserve Bank of India Has its Eyes on CBDC
The Governor of the Reserve Bank of India says the monetary authority is “very much in the game” to launch a CBDC.
TradeSanta Review: Automated Crypto Arbitrage Trading Tools
TradeSanta is a cloud cryptocurrency trading software that can be connected to your exchange of choice to automate and execute your trading strategies.
Crypto Platform Matrixport under Bitmain Co-Founder Received $100M in Series C Funding,Valued over $1B
The Singapore-based Digital financial service platform Matrixport led by Wu Jihan, the co-founder of the world's top Bitcoin mining machine provider giant Bitmain mining, raised $100 million in Series C financing.
Bitcoin’s Circulation Hits a 2-Month High, Suggesting Price Could Follow Suit
On-chain metrics provider Santiment believes that Bitcoin’s price could witness a surge given that its circulation reached levels last seen in July.
Top 4 Platforms to Purchase Christmas Gifts With Bitcoin
As the yuletide season is fast approaching, one of the most predominant thoughts on the minds of many people is the kind of gift to get for loved ones. Being a season of giving, there is no surprise that given that the usability of cryptocurrencies keeps increasing over the years, websites accepting cryptocurrencies have been on the rise as well.
Bitcoin's Dawn of the ETF Era: ARK Investment
According to a report ARK Investment, in June 2023, Bitcoin experienced a resurgence in institutional sentiment, with the supply of Bitcoin that had remained unmoved for at least a year reaching an all-time high of approximately 70% of the circulating supply.
Bill Gates Will Not Be Joining The Bitcoin Bandwagon Anytime Soon and Neither Will Microsoft
Billionaire philanthropist Bill Gates was probed about his views on Bitcoin in an interview with CNBC's Squawk Box.
CoinMarketCap Introduces Algorithmically Ranked Crypto Trading Pairs to Eradicate Volume Inflation
CoinMarketCap, a leading crypto data tracker, has gone a notch higher by presenting a new ranking system based on an innovative algorithm powered by machine learning. According to the company’s blog post, this new approach will enable users to make more profound trading decisions when it comes to market pairs. The new approach presented by CoinMarketCap seeks to revamp its current single metric ranking network to a combined one that will handle at least 22,000 market pairs covering more than 5,500 cryptocurrencies.
Riot Blockchain's Texas Mining Operations Disrupted by Winter Storms
Riot Platforms' 2023 hash rate ambitions were slowed by Texas winter weather.
Bitcoin Continues to See Gains After President Xi’s Announcement
China Merchants Bank (CMB) has recently announced an investment in crypto wallet BitPie. BitPie is one of the longest-running crypto wallets in China.
PancakeSwap’s Native Token Once Surged by Nearly 10% after Binance Labs Sets Foot in Ecosystem
After Binance Labs established a strategic investment in PancakeSwap, the network’s utility and governance token, CAKE, has once soared by nearly 10%.
Veteran Analyst Peter Brandt Exited Stocks and Bitcoin Portfolio, Returned To US Dollar
Veteran technical trader Peter Brandt cashed out his stock and Bitcoin portfolio just before the market crash on 3rd September.
Christmas Market Could See Santa Rally Drive Ethereum, XRP Prices Higher and Bitcoin to $20K
The Bitcoin price gained 160% since the start of 2020, triggering triple-digit increases in cryptos like Ethereum (ETH) and Ripple’s XRP, but here comes the Santa Rally
Hong Kong Police Crackdowns Crypto Investment Scam, involving $11M HKD
Hong Kong police announced Friday the authority has dismantled a cryptocurrency investment scam involving as much as 60 million Hong Kong dollars. At least 19 people are under arrest.
Canaan's Q4 2022 Revenue Declines by 82.1% YoY to $56.8M
Canaan, a Chinese Bitcoin miner and manufacturer of ASIC mining machines, reported an 82.1% YoY revenue decline to $56.8M in Q4 2022. The company's net income swung to a $63.6M loss due to inventory write-downs and research expenses. Despite the decline in revenue, Canaan's mining revenue improved by 368.2% YoY to $10.46M.
India Cryptocurrency Ban Resurfaces, Traders and Miners to be Targeted This Time
India is out again to ban cryptocurrencies with a target on traders and miners.
Georgia State Becomes next Mining Hub, Bitcoin Miners Enjoy its Green Energy
The exodus of crypto mining operations out of China massively has become a blessing in disguise to the United States, given that it now takes the lion’s share.
Digital Currency Group Sells Shares in Subsidiary's Crypto Funds
As the crypto empire struggles, Barry Silbert's Digital Currency Group has divested interests in Grayscale Investments funds.
IMF Calls for Global Govts to Keep a Check on Crypto
The International Monetary Fund has advised international decision-makers to keep a check on crypto, following deepening concerns highlighted by the war in Ukraine, The Block reported.
Bitcoin Closes to Hyper-Adoption Phase similar to Mid-to-Late 1990s: Wells Fargo
It might not be too late to jump on the Bitcoin bandwagon because the leading cryptocurrency is just getting to the inflexion point of hyper-adoption, according to a report published by Wells Fargo.
The ETF Approval Process Can Improve Transparency in Trading Platforms- Former CFTC Chair
Former CFTC Chair Timothy Massad has advocated for the approval of a Bitcoin ETF product on a conditional ground
$1 Billion in Bitcoin Moves From Silk Road Wallet, a Format Update or a Hack?
69,370 Bitcoins has moved from an address connected to the defunct Silk Road darknet market for the first time in five years, was it a hack or a move to update the address?
Guggenheim's Scott Minerd Foresees $8,000 Bottom for Bitcoin
Scott Minerd, a prominent market analyst with Guggenheim Partners is not discounting further drop in the price of Bitcoin (BTC) as the bear market rages on
Investment Giant Goldman Sachs Offers the First Bitcoin-backed Lending Loan
Goldman Sachs announced to offer the first bitcoin-backed lending loan, lenders might make use of the bitcoin they own as cash collateral for this loan.
Coinbase's 'Nano' Bitcoin Futures Product Surges amid Declining Trading Volume
Coinbase's new derivatives unit is capturing the interest of new retail traders who are eyeing the crypto exchange's "nano" bitcoin product amid the company's collapsing trading volumes.
Elon Musk Responds to Dogecoin Founder's Drastic Income Reduction
Elon Musk, CEO of Tesla and SpaceX, responds to Dogecoin founder Billy Markus's decrease in social media earnings, highlighting the complexities of monetization algorithms and the fairness of revenue-sharing models, amidst increasing competition in the market.
3 Reasons Behind Bitcoin and the Crypto Market's Sudden Crash
Bitcoin whales have been shorting the cryptocurrency market.
European Blockchain Service Infrastructure PCP to Begin—Why it Could Benefit XRP and BTC
The EC seeks industry tenders for the European Blockchain Service Infrastructure (EBSI) - a European blockchain solution that could inadvertently see BTC and XRP soar.
The Crypto Boom: Why it’s Not 2017 Déjà Vu
But for those who think the explosive rise in Bitcoin and digital currencies may just be another repeat of 2017, you’re barking up the wrong tree.
Coinbase Exchange Users Can Borrow Up to $1M Loan with Bitcoin as Collateral
American digital currency exchange Coinbase Global has launched a loan service that will allow its users to take up to 40% of the total value of their Bitcoin holdings as a loan.
Circle Has Started Building New Reserve Funds With BlackRock
Circle is building a new reserve with BlackRock for USDC
Wachsman Appoints Cointelegraph CEO Jay Cassano as Chief Growth Officer
Jay Cassano will be responsible for accelerating Wachsman’s expansion across its key markets after being appointed as Wachsman's Chief Growth Officer.
Argo Blockchain Secures $20M Loan to Build Out West Texas Mining Facility
London-based Argo blockchain has secured a $20 million loan from Galaxy Digital, providing momentum as a driving force to expansion.
Circle's USDC Reserve Exposure and Potential Risks
Circle's latest audit report reveals that the company's exposure to the US banking system stands at nearly $9 billion, with its reserves held by a number of regulated financial institutions, including SVB, BNY Mellon, and Silvergate. However, recent events such as the shutdown of SVB and Silvergate's decision to shut down its crypto bank arm have raised concerns about potential risks for Circle and its stablecoin USDC.
LinksDAO and Spey Bay Golf Club
"LinksDAO" may acquire a $900,000 Scottish golf course. Voting closes on Feb. 22 at 12pm ET, with 88% of voters supporting the acquisition.
MicroStrategy Scoops Up another $1 Billion Worth of Bitcoin
MicroStrategy has announced that it has just invested another $1 billion in Bitcoin, purchasing the digital asset as it was trading around $52,765.
Coinbase Reveals New Price Oracle Competing with Chainlink as a Major Rival in the DeFi Ecosystem
San Francisco-based crypto exchange Coinbase is taking the decentralized finance (DeFi) industry to the next level by releasing its Coinbase Price Oracle, a reliable source of signed price data for crypto pairs. Blockchain oracles provide paths between off-chain and on-chain events and are third-party information sources that supply data to blockchains. Blockchain oracles offer useful data for DeFi applications and other blockchain services.
Hut 8 Secures US$50 Million from Coinbase Credit to Enhance Financial Flexibility and Support Growth Initiatives
Hut 8 Mining Corp., a prominent North American mining pioneer and high-performance computing infrastructure provider, has recently made a significant announcement. The company has secured a credit facility of US$50 million through a partnership with Coinbase Credit
35% of Nigerians Have Entered the Crypto Market in the Last 6 Months, Study Shows
Nigerians are entering the crypto space because of the lack of affordable financial services and high inflation rates, given that 35% of them were engaged in this sector in the last six months, according to a study by crypto exchange KuCoin.
Elon Musk To Deliver Starlink Within Weeks with Up to $30B Investment
Billionaire entrepreneur Elon Musk revealed the Starlink satellite internet network of SpaceX has been launched, expecting the internet broadband internet to go online globally (except poles regions) within weeks before August.
Square Inc. To Go Carbon Neutral in Its Bitcoin Operations by 2030
Jack Dorsey’s payment company Square Inc. has laid out plans to go carbon neutral bordering on all Bitcoin and operational aspects by 2030.
Chainlink (LINK) to See Potential Correction as Investor Sentiment Show Concerning Signs
Chainlink (LINK) has been one of the best-performing cryptocurrencies in 2020 and has seen a 20% surge in the past 24 hours. Chainlink has set a new all-time high, the fourth time in less than two months, reaching $17.59 on Binance. Is a bear market coming?
Bitfinex Integrates Tether Stablecoin into the OMG Network as Ethereum Network Faces Congestion Issues
Bitfinex cryptocurrency exchange has announced that it has integrated Tether (USDT) into the OMG network. The integration is set to reduce transaction confirmation and fees. The crypto exchange will enable Tether withdrawals and deposits on the OMG network. OMG network, previously known as OmiseGo, is a scaling platform, which enables peer-to-transactions in real-time, a solution that enhances the scalability of the Ethereum network.
Wuhan Coronavirus Outbreak Could Cause Potential Disruption to the Crypto Market
Since the coronavirus patient was identified on Dec. 8, 2019, in Wuhan, the capital of Hubei province in China, the virus has since claimed at least 100 lives. According to crypto research firm Chainalysis, China has the status as a crypto investment hub, as it houses the most crypto exchanges in the Asia-Pacific region, which has 40 percent of the world’s top 50 exchanges.
World’s First Ecological Mining Pool Set for Launch in 2023
While Bitcoin has been at the epicentre of a global controversy storm for several years now, one company is hoping to change that by turning the entire industry on its head – in the best way possible.
Binance Coin to Burn Automatically Rather Than Quarterly
Binance Coin (BNB), the digital currency of the Binance ecosystem will no longer be subjected to a quarterly burn as the exchange has introduced an automatic burning schedule to replace the former.
Zipmex Resumes Some Altcoin Withdrawals After Suspending Withdrawals in July
Mainstream tokens, including bitcoin and ether, remain locked, but all Solana (SOL) tokens will be credited to investors' trading wallets, Zipmex's official statement wrote on Tuesday.
University of Sussex Researchers Say Blatant Market Manipulation is a Disaster to Traditional Safe Havens
The University of Sussex Business School recently published an analysis indicating that widespread market manipulation is a serious problem that regulators should deal with so that to confront false prices and avoid distorting the minds of investors. According to the analysis report, the COVID-19 pandemic has created huge volatility in global financial markets. But as one might expect, prices of safe-haven assets like Bitcoin and gold are not surging, a problem that is caused by large-scale and intense manipulation.
Tyler Winklevoss Predicts $500K BTC price as MassMutual Insurance Giant Buys up $100 million in Bitcoin
MassMutual Insurance buys up $100 million in BTC for its portfolio, and Bitcoin billionaire Tyler Winklevoss appears to be gaining confidence in his $500,000 per BTC prediction.
Kenya’s Bitcoin Trading Volumes Hit $45.95 Million in 2020, Second Highest in Africa
Kenya’s Bitcoin (BTC) trading volumes skyrocketed by 472 percent in 2020 to stand at $45.95 million (Ksh 5.1 billion).
Crypto Regulation Takes New Leap as European Council Adopts MiCA
The European Union is drawing closer to adopting the comprehensive Markets in Crypto Assets (MiCA) regulation as the European Council has passed the framework.
Why The Next Bitcoin Halving Could Revolutionize the Market
Bitcoin's price surges above $70,000, but upcoming Bitcoin halving in April could reduce supply and inflation, impacting other high-potential tokens and democratizing crypto investment.
Will Crypto Recover? Experts Bet Market May Look Different
Choppiness in the crypto market is expected as investors are bracing for a year of rising interest rates.
UK Legislators Advocate for Treating Crypto Trading Similar to Gambling Regulations
The report also calls for a shift in the regulatory approach towards unbacked cryptoassets, such as Bitcoin and Ether. Due to their volatility and lack of intrinsic value, the committee argues that these assets pose substantial risks to consumers, likening speculation in these assets to gambling.
Power Ledger Partners with Power Club To Roll Out Blockchain Plants in South Australia
Powerledger enters into a partnership with Powerclub, an Australian electricity wholesaler for better energy usage, allowing the integration of power club's blockchain ledger application.
Reasons Why the Bitcoin Price will Plunge Soon
Why the Bitcoin price could plunge soon? Reasons include technical analysis, DeFi hype collapse, US Dollar index and gold price correlation, and economic conditions
44% of Germans Optimizes Crypto for the Future of Finance, Study Shows
Given that Germany is the first nation to recognize Bitcoin as a unit of value, 44% of respondents in the country view crypto as part of the future of finance, according to a study by crypto exchange KuCoin.
Citi, IBM, Ubisoft Join Singaporean Blockchain Accelerator
Tribe Accelerator, Singapore’s first government-backed blockchain accelerator, has added another batch of big names to its corporate partners list.
What Can You Buy With Bitcoin?
Bitcoin's price has surpassed the $16,000 resistance for the first time since 2017, but as the crypto's value increases it begs the question—what can you buy with Bitcoin?
Binance Sued for Cashing Out Illicit Hacked Funds Worth More Than $9 Million
Binance has been taken to court by Fisco, a Japanese crypto exchange, for allegedly facilitating the liquidation of at least $9 million in crypto after the latter was hacked in 2018.
CoinMarketCap's proof-of-reserve tracker
CoinMarketCap, a renowned crypto market researcher, launched a new function. PoR tracker analyzes bitcoin exchanges for liquidity transparency. Binance's wallet addresses list nearly $65 billion. KuCoin, Bitfinex, OKX, Bybit, Crypto.com, and Huobi have PoR information.
6 Corporate Giants Hold Bitcoin Worth More Than $11.4 Billion
Blockchain insights provider BlockData has acknowledged that six corporate giants have taken the Bitcoin holding culture a notch higher as they have BTC worth more than $11.4 billion in their custody.
All Crypto Assets Correlation Meets Greater Than 60% with Bitcoin
The correlation between Bitcoin and other cryptoassets like Ethereum (ETH) and Litecoin (LTC) is above 60%, as acknowledged by Messari Crypto researcher Mira Christianto.
El Salvador Becomes the First Country to Accept Bitcoin as Legal Tender
El Salvador has just become the first country to adopt bitcoin as legal tender. El Salvador President Nayib Bukelet welcomed the adoption and said that is a historical moment.
Upbit Announces Dunamu & Partners' Digital Asset Holdings for October 2023
Upbit discloses Dunamu & Partners' #Bitcoin holdings as of October 2023, holding 2,081.84950412 BTC with no sales transactions recorded, aligning with Upbit's transparency principle in digital asset trading.
How Not to Secure Your Cryptocurrency: Beginner Mistakes
As a cryptocurrency beginner, you’ve likely considered how to keep your cryptocurrency portfolio safe while it appreciates in value.
IBM, Cisco and EY: The 3 Blockchain Leaders in Supply Chain in 2020
Supply chains are vital networks between a company, its vendors and suppliers to produce and distribute specific products to the consumer. This network usually includes many actors doing different activities—people, entities, information, and resources.
DJ David Guetta To Sell $14M Worth BTC or ETH for Luxury Apartment in Miami
The famous French DJ David Guetta revealed that he would accept $14 million Bitcoin or Ethereumthe payment for selling his Miami beachfront apartment.
Genesis Digital Assets Purchases 20,000 Bitcoin Mining Machines from China’s Manufacturer Canaan
American Bitcoin mining firm Genesis Digital Assets is purchasing additional 20,000 units of bitcoin ASIC miners from China’s Bitcoin mining hardware manufacturer Canaan Creative. The purchase will help Genesis to scale up its mining operations.
Deployment of Blockchain Across the Financial Ecosystem Still at Least Three Years Behind
Today marks the kickoff of the Gartner IT Symposium/Xpo 2019, with Blockchain being one of the technologies that this event plans to tackle, there is also a major interest in how this technology will be affecting some industries in the coming years
Bitcoin's Largest Competitor Ethereum Quickly Gaining Ground in Colombia
The South American region has been very receptive to Bitcoin and cryptocurrencies in general. Countries such as Venezuela have experienced extreme situations ranging from inflation of their currency to other economic situations which ultimately renders them useless to persons within that geographical location have been left with little or no choice but to seek refuge in cryptocurrencies.
French Finance Minister Praises Blockchain, but Condemns Cryptocurrency
French Finance Minister Bruno Le Maire has once again made his stance on crypto clear – he is critical of it and does not support it.
Swiss SIX Exchange Launches Bitcoin and Ether Exchange-Traded Product
Fintech firm, Amun and crypto custodian Bitcoin Suisse and announced today of the launch of its Swiss Franc denominated Amun Bitcoin Suisse BTC/ETH exchange-traded product (ETP). This ETP, a combination of Bitcoin and Ether, has gone live on the Swiss stock exchange, SIX.
Korea Blockchain Week to Hold First Live Event in Seoul After Covid Hiatus
Korea Blockchain Week 2022 (KBW2022) is holding its first live event since the dawn of the Covid-19 pandemic in 2020, finally bringing the most respected leaders in the blockchain field to Seoul, on August 7-14, 2022.
Meta Partners with Digital Brand DressX for New Avatar Store
Meta said that it is partnering with digital fashion startup DressX for Meta's new Avatar Store to introduce new avatar fashion, expanding its business in Metaverse.
Bitcoin Cash Network Upgrade Will Continue as Planned Despite Tensions Within the BCH Community
The Bitcoin Cash (BCH) network’s planned upgrade has been scheduled for November 15, 2020, which includes improvements to the Bitcoin ABC node software.
Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin
Charles Cascarilla is the CEO and co-founder of Paxos, a financial technology company working to modernize the financial system by digitizing and mobilizing assets. A traditional hedge fund manager and equity investor, Cascarilla was able to recognize the power of blockchain and the function it could have in revolutionizing the way trade is conducted and settled.
Bitcoin Miner Canaan Reports $73.9M Revenue in Q2
Canaan, a high-performance computing solution provider, reported a 44.2% sequential growth in Q2 2023, but faces regulatory shifts and US legal disputes, potentially impacting future operations.
Bloomberg Strategist: Bitcoin May Surpass Gold in Today's Digital World
The advancement in the digital ecosystem as we have it today may give Bitcoin (BTC) an advantage for it to surpass Gold in the coming years- Bloomberg's Mike McGlone
New York State Introduces Bill Allowing State Agencies to Accept Crypto
The crypto sector has attacked New York's "BitLicense" and crypto mining restrictions.
US Congress needs to take control of crypto legislation
Blockchain Association CEO Kristin Smith said crypto regulation is occurring "behind closed doors" and asked for a more collaborative and "transparent approach."
Bitcoin Group Rumoured to be Engaging in Mulitple Takeover Negotiations
Bitcoin Group SE is rumoured to have been engaging in takeover negotiations with several potential companies that are involved in deposit-taking or credit institutions from Germany.
Coinbase Petitions SEC on Staking
Coinbase has submitted a "Petition for Rulemaking" to the SEC, arguing that staking should not be classified as securities. The petition argues that staking is not a monolithic concept, and core staking services do not meet the criteria of the Howey test. Coinbase cites historical precedents and urges regulators to consider the economic consequences of their actions.
WildWorks Joins Crypto Games, Launching Tokenized Avatars and Virtual Worlds in Jan
Interactive game company WildWorks said it will enter the field of encrypted games and establish a new department focused on the development of the NFT virtual game community.
Wharton Business School Launches Online Metaverse Course, Accepting Payment in Crypto
The Wharton School of the University of Pennsylvania has announced the launch of a six-week online course on "Business in the Metaverse Economy."
MicroStrategy Acquires an Additional 271 Bitcoins for $15 Million
MicroStrategy’s CEO Michael Saylor has revealed that the firm has scooped up an additional 271 Bitcoins for $15 million.
Coinbase To Invest in Singapore’s Zipmex following Acquisition Talks
Coinbase discussed acquisition deals with Zipmex. After negotiations, the two firms have agreed on strategic investments.
Man Who Pays Hitman in Bitcoin to Kill His Wife Gets Traced Back to Coinbase Account
A Tennessee man allegedly used Bitcoin to pay a hitman he found on a murder-for-hire website to kill his wife.
Bitcoin Miners’ Accumulation Has Been Consistent for Nearly a Year
Bitcoin miners have consistently accumulated more coins for almost one year, according to market insight provider Glassnode.
UK Fintech Firm Mode Launches Bitcoin Banking App Enhancing Mass Consumer Accessibility
London-based fintech company Mode has announced that it has unveiled its Bitcoin banking app to advance user experience.
RISC Zero Raises $12m in Seed Round Led by Bain Capital Crypto
RISC Zero, a startup that creates scalable blockchains with zero-knowledge (zk) technology, announced that it had raised a $12 million seed round led by Bain Capital Crypto.
Twitter CEO Jack Dorsey Explains Why Bitcoin is "The Best Internet Currency"
Bitcoin (BTC) and DeFi tokens have been all the rage lately, with crypto investors anticipating BTC’s next bull run and the DeFi industry booming in growth.
Brazilian Crypto Firm 2TM Acquires Controlling Stake Over Portuguese CriptoLoja
Softbank-backed Brazilian firm 2TM announced the company would acquire a controlling stake in Lisbon-based crypto exchange CriptoLoja.
Tesla's $140 Million Bitcoin Loss Shows the Risk of Crypto Holdings
Q1 2021 Tesla spent $1.5 billion on Bitcoin.
BlockFi to Pay $100M to Settle Charges with SEC & 32 States
BlockFi will pay $100 million to the U.S. Securities and Exchange Commission (SEC) and 32 states to settle charges in connection with a retail crypto lending product.
Bitwise to Launch Two Innovative Ethereum Futures ETFs on October 2
Bitwise Asset Management to launch two first-of-its-kind Ethereum Futures ETFs, AETH and BTOP, on October 2. The ETFs offer exposure to CME Ether futures in a regulated format.
Wharton Accepts Cryptos as Tuition Fees for Blockchain Courses
The Wharton School officially accepts crypto as a payment method for blockchain courses through Coinbase exchange.
Upwork Listed Cryptocurrency Affiliated Gigs as the Highest Paying for Freelancers
growing attention towards blockchain and cryptocurrencies on the fin-tech space, it is therefore not surprising to see that executives of tech companies and startups are on the lookout for persons with the slightest familiarity/ understanding with the operations of Blockchain
Brazilian Lawmaker Advocates for Workers to Receive Payment in Crypto
Brazilian Federal lawmaker, Luizão Goulart has proposed a bill that will see both government and private employees receive their remuneration in digital currencies.
Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services
Fidelity Digital Assets Services (FDAS), the cryptocurrency arm of Fidelity Investments has been granted a license by the New York State Department of Financial Services (NYDFS), allowing the company to offer cryptocurrency trading and custody services.
Chinese Blockchain News Flash Media Platform Bi Shi Jie.com Suspends its Operations
China's well-known cryptocurrency advisory platform- Bi Shi Jie, has reportedly temporarily suspended its App and website operations.
Brazil's Tax Authority Cracks Down on Unreported Bitcoin Holdings
The Brazilian Federal Revenue Service identifies over 25,000 individuals with undeclared bitcoins, leveraging advanced technologies to enforce tax compliance in the cryptocurrency sector, signaling increased scrutiny and regulatory measures for crypto investors.
Bitcoin's Road to $1.5 Million: Cathie Wood's Bold 2030 Prediction
Ark Invest CEO Cathie Wood predicts Bitcoin to reach $600,000 by 2030, with potential for $1.5 million in a bull market scenario.
Bitcoin Mining Firm Blockmetrix Bags $43 Million Fundraising
The latest financing adds on top of the previous series A funding round that Blockmetrix raised in June last year.
Move-to-earn App STEPN to Land in Hong Kong's Cyberport
Move-to-earn app STEPN announced that it is opening an office in Hong Kong despite COVID-19 restrictions and a tough regulatory environment.
Chainlink (LINK) Achieves New Record Price High of over $25 as Altcoins Gain
Chainlink (LINK) has achieved a new record price high of over $25, gaining 105% since the beginning of the year.
NYC to Mine its Own Token, Following Backing From Mayor-Elect Adams
New York City Mayor-elect Eric Adams is reportedly to kick off his ambition by launching his proposed token mining on Wednesday.
QQL Mint Pass Earns $17 Million Upon Launch
Generative art algorithm QQL Mint Pass earned around $17 million following its launch on September 28.
UK Tax Authority Updates Its Guidelines for Crypto Taxation
HMRC updates its guidelines for crypto – taxation, relating to both individuals and businesses. The new guidelines explicitly state that crypto-currencies are not considered as ‘money.’
Bitmain Partners With Digital Currency Group's Foundry to Fuel Crypto Mining Business in North America
Crypto mining giant Bitmain has announced that it will be partnering with crypto mining firm Foundry to extend its services to North America.
Nasdaq-Listed Metromile Backs Bitcoin for its Insurance Products
Auto insurance company Metromile is thinking of investing in Bitcoin.
Bitcoin Needs to Hold Above $34k For Bullish Divergences
Market analyst CryptoHamster believes that Bitcoin needs to hold above the $34k area for the present correction to end in the short-term.
Stripe Could Resume Bitcoin Payments, after it Suspended the Service for 3 Years
Irish-American financial services and software as a service company, Stripe is likely to resume its Bitcoin payment services in the near future, a move the company halted back in 2018.
Opportunity to Thrive In Times Of Uncertainty
If history has taught us anything, it's that humanity often takes great leaps forward in times of chaos and uncertainty. This is one of those moments, but it's important that global citizens take steps to ensure that no one is left behind. Now is the time to start thinking less as nations and more as single, unified species.
LG Launches NFT Platform With Hedera Blockchain
The platform, LG Art Lab will allow users to buy, sell and put up digital art or NFTs on their television sets, the company announced.
Tether Unveils Recovery Tool for Enhanced Blockchain Stability and User Asset Protection
Tether introduces a robust blockchain recovery plan to secure USDT tokens and ensure uninterrupted access across multiple blockchains.
Bitcoin Price Surpassed $40,000 and Then Plummeted
This week, Bitcoin plunged again, and on Thursday (January 21) it plunged more than 10%. Entering January, Bitcoin rose from $30,000 to $40,000.
Understanding ETH/BTC Rate - Key Factors and Price Predictions
Bitcoin and Ethereum, the top cryptocurrencies, show unique market responses due to their distinct uses and supply methods. Their volatility and correlation patterns offer insights into the crypto market dynamics.
Circle Spokesperson Denies Blaming SEC for Failed $9 billion deal
Circle denies blaming the SEC for its December $9 billion failed IPO. Circle's representative said any contradictory assertions are "inconsistent" with past declarations.
Exclusive: Blockchain at the Stage of Tech Convergence
How does Deloitte Blockchain Lab envision the future of blockchain? Dr. Paul Sin believed that blockchain is at the stage of technology convergence with IoT, big data and artificial intelligence! He also explained the 3 challenges for enterprises to implement their own blockchain and various blockchain auditing services offered by Deloitte.
Grayscale's Strategic Shift: Aiming for Bitcoin Spot ETF with Cash Redemption Model
Grayscale changes GBTC to a spot Bitcoin ETF using cash creation model, complying with SEC guidelines after Barry Silbert's resignation, marking a significant shift in the digital asset landscape.
Everything You Need to Know When Using a Digital Currency Exchange
The crypto market is currently in another bull cycle. Bitcoin recently hit an all-time high price of $73,800. There are also hundreds of meme coins booming and busting in quick succession.
CreatorDAO Community Raises $20M in Seed Fund
CreatorDAO, a decentralized autonomous organization, announced that it raised $20 million in a seed round led by Andreessen Horowitz and Initialized Capital.
OneCoin's Former Legal Head Pleads Guilty to Fraud and Money Laundering
Irina Dilkinska, former OneCoin legal head, has admitted to wire fraud and money laundering charges in the cryptocurrency pyramid scheme, facing a potential ten-year prison term, while co-founder Ruja Ignatova remains fugitive.
Australia Opens Public Consultation on National Taxonomy of Crypto Assets
A crypto licence and custody document will be released in mid-2023.
Crypto Wallet and Data Giant Reported to Raise $50M Funding Round
According to a report by Yahoo Finance, Blockchain is raising a VC fund to invest in both equity and crypto coins.
Google Pairs with Coinbase to Spur Web3 Innovations, Offer Crypto Payments for Cloud Services
Google has teamed up with crypto exchange Coinbase to allow some of its clients to pay for cloud services using cryptocurrencies.
Binance Looks to Hire 2,000 New Staff
Binance exchange is arguably living up to its ranking as the biggest digital currency trading platform in the world as it has unveiled its plans to hire as many as 2000 new workers despite the current financial market meltdown
Crypto Mining May be Sacrificed as EU Continues to Battle Energy Crisis
With the energy crisis in the EU, member countries may be mandated to halt crypto-mining activities
Curve Founder Proposes Venus Protocol Deployment on Ethereum Mainnet
Michael Egorov of Curve Finance proposes launching Venus Protocol on Ethereum Mainnet, incorporating Curve's stablecoin crvUSD and CRV as collaterals, with community support for growth.
US Government Seize Bitcoin Terrorism Funding for Islamic State and Al-Qaeda
The US Justice Department has revealed that it has seized cryptocurrency worth millions of dollars intended to fund the activities of terror groups like the military arm of Hamas, the Islamic State, and Al-Qaeda. This breakthrough is the largest clampdown on online terrorist fundraising,
Bitcoin Supply in Profit Drops to 83%, Short-Term Holders Blamed to be the Primary Culprits
The current retracement has triggered a 17% loss in Bitcoin supply, with short-term holders who bought the top to be blamed as primary culprits.
New Week New Hurdles: Top 3 Altcoins to Watch This Week
An overview of the top three coins to watch for this week, including Binance Coin, LooksRare, and Terra.
Sep 03 Trading Analysis: Miners still the biggest swinging d*cks around
No real headlines except Korea regulators coming after Bithumb (which isn't a "new" news imo). Instead, I actually think was driven by miners selling.
BlackRock Gets Exposure to Bitcoin Through MicroStrategy, Both Firms U-Turn on Shaming Crypto
Investment giant BlackRock, the biggest stakeholder of MicroStrategy — has now indirect exposure to Bitcoin as the world’s largest intelligence company has recently purchased 21,454 Bitcoins.
Crypto Market's Biggest Price Moves Today: Status (SNT), Verge (XVG), and NANO
As the crypto market crossed the $1 trillion market cap, Status, Verge, and Nano comes off as the coins with the biggest daily gains in the market
Coincover Sets Eyes on Crypto-based Insurance Service
Coincover, a Cardiff based start-up in the United Kingdom, has gone a notch higher by introducing a crypto-based insurance service. The primary objective of this move is deterring asset loss and theft in the cryptocurrency space.
SBI to Launch the First Crypto Fund for Long-term Investors in Japan at the end of November
The Japanese Financial Giant SBI Group stated that it will launch its first cryptocurrency fund in Japan before the end of November to provide Japanese investors with a more diverse portfolio.
What is Tendies (TEND)?
Tendies aims to be the next-generation autonomous and hyper deflationary cryptocurrency. Tendies, has called itself the “Dogecoin of the DeFi age."
$5,000 Emerge as the Largest Open Interest Strike Price for Ethereum Options
Open interest is rising, with $5,000 being the largest strike price for Ethereum options.
Rising Adoption of Crypto Will Not Gurantee Increase Prices: Goldman Sachs
Goldman Sachs Group Inc. voiced concern about cryptocurrency saying investors should not be easily convinced about the narrative that a rise in the adoption of digital currencies will lead to higher prices.
Dogecoin Surges by over 30% Thanks to Elon Musk's Price Pump
Yesterday Tesla CEO Elon Musk tweeted "The Dogefather SNL May 8" and announced that he will host the "Saturday Night Show" as "Dogefather".
European Parliament Ratifies MiCA Framework in Landslide Vote
The long-awaited Markets in Crypto Assets (MiCA) regulation has just scaled through the European Parliament as MPs voted massively in favour of the bill.l
BNB Chain Launches Zero-Knowledge Proof Scaling Tech
The zero-knowledge proofs utilize mathematical proofs to allow the verification of specific data without the requirement to reveal the details.
Crypto.com Officially Becomes the Philadelphia 76ers Team's Jersey Patch Partner
Hong Kong-based cryptocurrency exchange Crypto.com announced that it has formed a partnership with the Philadelphia 76ers, becoming its official jersey logo-designated sponsor.
Ethereum Dominates DeFi with 96% of Transactions, Buterin Discusses ETH Gas Fees
Ethereum has set the tone for the DeFi boom this year, and it has dominated particularly during the third quarter of 2020.
KuCoin Ventures Invests in Yuan-Pegged Stablecoin
KuCoin Ventures leads a $10 million investment in CNHC, a Chinese yuan-pegged stablecoin issuer and blockchain payment service provider.
End-to-end Internet Protocol Bitmarks Secures $5.6M in Series B Round
End-to-end Internet protocol Bitmark has received $5.6 million in Series B funding, co-led by Galaxy Interactive and North Island Ventures.
Bitfinex and Tether Claim Lawsuit Allegations of Market Manipulation are Baseless
BitFinex and Tether have officially spoken out against what they are describing as a baseless lawsuit, designed to undermine the cryptocurrency ecosystem.
Bitcoin Gains Momentum as Biden Slaps Russia with Sanctions
Bitcoin entered the green zone after U.S. President Joe Biden revealed new sanctions meant to cut off Russia from western finance.
VRJAM Announces The Initial Exchange Offering Of Its Revolutionary Metaverse Currency, Vrjam Coin
VRJAM, the leading platform for Web3 live events, today announced the launch of its revolutionary new digital currency VRJAM Coin will IEO on the 30th of November via exchanges Gate.io and MexC. VRJAM’s and metaverse crypto-coin is currently valued at $US40M and has attracted investment from 15 of the world's leading web3 focussed VC’s and investors.
BETA, BOND, WTC, and XEM Added to Binance's Monitoring Tag List
Binance has expanded its Monitoring Tag list to include Beta Finance (BETA), BarnBridge (BOND), Waltonchain (WTC), and NEM (XEM) as of October 4, 2023. The Monitoring Tag serves as a risk indicator for tokens with elevated volatility and risk.
Trump’s Former Fed Pick to Launch Cryptocurrency
Stephen Moore, President’s Trump nominee to the Federal Reserve, has set his sights on the crypto space.
Decentralized Finance (DeFi); The Game-Changer in Creating a People Oriented Financial Ecosystem
The launch of Decentralized Finance (DeFi) protocols in 2020 marked a significant phase in the growth of the crypto industry. As of writing, the total value locked (TVL) in this market stands at $69 billion, with Ethereum DApps taking the lion’s share. While the ongoing market slump has also affected the DeFi ecosystem, it is hard to overlook the fundamental developments that are currently taking place.
CoinMarketCap, CoinGecko, TradingView Blocked in China after Toughened Cryptocurrency Clampdown
Millions of crypto users in China suddenly found themselves unable to access TradingView, CoinMarketCap, and CoinGecko, a time the country renewed its fresh crackdown on crypto assets.
Bitcoin Dominance Hits 70% at 30-Month High While Altcoins are Dying
Bitcoin now accounts for just over 70 percent of the total cryptocurrency market capitalization as of September 3rd according to CoinMarketCap.
Binance converts remaining $1 billion in Industry Recovery Initiative to native crypto amidst concerns around stablecoins
Binance co-founder and CEO, Changpeng Zhao, announced on March 13 that the exchange will be converting the remaining $1 billion funds in its Industry Recovery Initiative to native crypto amid concerns surrounding stablecoins. This decision was made following the depegging of the USD Coin (USDC) stablecoin caused by the failure of three major crypto-friendly banks - Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank.
Mark Zuckerberg's Sister Randi Zuckerberg Shows Her Support For Bitcoin & Ripple
Randi Zuckerberg, Mark Zuckerberg's sister has lately been showing her immense support and interest in the cryptocurrency market, particularly for Bitcoin and Ripple XRP. She runs a satellite radio show SiriusXM which hosted three cryptocurrency experts who were very bullish on Bitcoin and the cryptocurrency market as a whole.
Digital B2B Payments Startup CoreChain Technologies Raises $4.2m in Seed Round
Blockchain-based digital B2B payments startup CoreChain Technologies has announced a $4.2 million seed round led by Ulu Ventures.
PayPal Establishes Advisory Committee, Focusing on Crypto Affairs
Major U.S. payment processor PayPal has established a blockchain, cryptocurrency and digital currency advisory committee. All new members have related achievements in the crypto industry.
Will Dtube Replace Youtube? The 5 Things You Need to Know
What is the difference between DTube and YouTube?
Top 1% of Chainlink Whales Hold 80% of LINK Supply – What This Means
LINK, although birthed a DeFi token, may not be as decentralized as you might think.
Switzerland’s New Stablecoin Guidelines: 3 Things You Should Know
The Swiss Financial Market Supervisory Authority (FINMA) issued new guidelines for stablecoins added as a supplement to its existing guidelines for initial coin offerings (ICOs) to outline how stablecoins are treated under the Swiss supervisory law.
Coinbase CEO Criticizes Chase UK’s Crypto Transaction Ban
Coinbase CEO, Brian Armstrong, condemns Chase UK's restrictive stance on cryptocurrency transactions, urging UK crypto holders to close their Chase accounts. This move by Chase UK could potentially impede Coinbase's expansion plans in the UK and Europe.
Canadian Crypto Platform Newton Raises $20M in Series B funding at $200M Valuation
Newton, Canada’s leading cryptocurrency exchange, has raised $20 million in Series B funding, valuing it at around $200 million.
Goldman Sachs to Reopen Bitcoin Futures Trading after Three-Year Pause
Goldman Sachs plans to relaunch its Bitcoin futures trading after pressing pause on it in 2018 due to the crypto price fall experienced that year.
Bitcoin’s Scarcity Feature Makes the Crypto an Aspirational Store of Value for Investors, says Fidelity Digital Assets
Fidelity Digital Assets, the crypto arm of investment firm Fidelity Investments found in its new report that many investors consider Bitcoin to be an “aspirational store of value”. The firm believes that the largest cryptocurrency has the properties of a store of value but has yet to be widely adopted.
Blockchain.com Launches New Asset Management Service BCAM
Cryptocurrency exchange Blockchain.com launched a new asset management brand called BCAM aimed at institutional investors, family offices, and high net worth individuals on Wednesday.
Exclusive: Blockchain Beats AI and Big Data for the Highest Average Annual Salary in the UK
The report titled “The Disruption of Disruptive Tech” by Capital on Tap highlighted the state of disruptive tech adoption in early 2020. The U.S. had the most businesses in various disruptive technologies, with 71% dominance in cloud consulting and 53% in cybersecurity.
Bitcoin (BTC) Price Analysis – March 15,2021
Bitcoin (BTC) performed strongly in the past week, breaking through the previous high of $58,354. Bitcoin continued to rise, soaring to a new all-time high (ATH)of $61,781 on March 13. But it seems that Bitcoin has suffered strong selling interest near this level and the price has been corrected. At the time of writing, Bitcoin is trading at $60,157.82.
China, the PBoC x Blockchain: Love and Marriage, Horse and Carriage
It’s all about China and blockchain. After breaking news of President Xi Jinping’s official endorsement on the blockchain technology and Bitcoin performing a sharp “to-the-moon” move and hitting $10K over the weekend, blockchain-related stocks in China also received a major boost.
Bitcoin Miner Ault Alliance Regains NYSE Compliance
Ault Alliance, Inc., a diversified holding company, has successfully regained compliance with the NYSE American's continued listing standards, according to a statement released by the company. The NYSE American had previously notified Ault Alliance of its non-compliance due to the low trading price of the company's common stock.
Bitcoin is Better than Gold: Billionaire Alters Advice on Holding Less BTC Than Gold
Wall Street veteran and billionaire Michael Novogratz has made the statement that “Bitcoin is a better long-term bet than gold in his recent appearance on Bloomberg Television.
Bitcoin Supply on Exchanges Diminishes as BTC Stares at Last Key Support Level Above $30,000
As Bitcoin (BTC) eyes for a clear direction outside the $30K-40K range, the top cryptocurrency has been leaving crypto exchanges in droves.
Elon Musk Reverses Decision to Sell NFT, but not before Setting an Asking Price of 420M Dogecoins
Elon Musk expressed his wish to sell his NFT for 420 million Dogecoins. This would translate to a total profit of around $24.26 million. However, the Tesla CEO seems to have come back on his decision. What has happened to DOGE's price in the meantime?
JPMorgan Reveals Market is Highly Anticipating the Launch of CME Bitcoin Options
Institutional interest in Bitcoin-related contracts seems to be building as the market measures indicate high anticipation of the launch of CME Group Inc. options on Jan. 13, according to JPMorgan Chase & Co.
April 23: ETH Eating The Stablecoin World
Will ETH-inspired rally continue to drive the market? Will oil stabilize despite a fundamental short-term storage environment with a popular flawed ETF product? Will halvening next month start getting the market excited? Bottom line: mixed messaging.
Crypto Industry Increases Lobbying Efforts During Crypto Winter
A new study by the Money Mongers reveals that the crypto industry spent $25.57 million on lobbying in the United States in 2022, a 922% increase from 2017. Coinbase, the U.S.-based crypto exchange, led the spending with $3.3 million, followed by the Blockchain Association with $1.9 million and Robinhood with $1.84 million. Despite the increase in lobbying efforts, the overall expenditure of crypto companies on lobbying in America is modest compared to other industries.
Coinbase CEO's Top 10 Crypto Opportunities Questioned by BlockTower Founder
Ari Paul, BlockTower Capital's Chief Investment Officer, has criticized Coinbase CEO Brian Armstrong's cryptocurrency vision, highlighting ten key opportunities such as decentralized cryptocurrency, blockchain-based reputation systems, decentralized advertising, and a marketplace for labor, while also criticizing on-chain reputation systems and underfunding of peer-to-peer exchanges.
Apple's App Store Policies Probed: U.S. Lawmakers Investigate Impact on Blockchain and NFTs
U.S. Representatives probe Apple's App Store policies, raising concerns over potential impact on blockchain and NFTs, and questioning the balance between security and innovation.
Bill Miller Touts Bitcoin and Coinbase Stocks as Good Investments while Issuing a Warning to Altcoins
Renowned Wall Street investor Bill Miller is once again advising investors to capitalize not only on Bitcoin but also Coinbase stocks and issues warn on altcoins.
Is Bitcoin Finally Decoupling from S&P 500? BTC Soars While Stocks Plunge
Bitcoin has been displaying bullish behavior lately, gaining about 2% in the past week and bringing the crypto closer to a psychological threshold of $12,000.
Bitcoin Bull Tim Draper Pushes for Better SEC Regulation and BTC as the National Currency under Biden
As the transfer of presidential power from Trump to Joe Biden looms, many have been anticipating it. What will it mean for Bitcoin and crypto?
Ronaldo Among Participants in Cricket NFT FanCraze's Fundraise
FanCraze is raising around $100 million in new funding rounds from backers, including Cristiano Ronaldo.
VanEck Spearheads Entry into Stablecoin Market with Agora's AUSD Launch
Agora, backed by VanEck, announces the launch of AUSD, a USD-backed stablecoin, following a successful $12 million funding round led by Dragonfly.
Coinbase Leaves Japan After Trade Collapse
Coinbase announced its Japan exit on Jan. 18. Customers have a month to remove money and crypto from the site. After February 17, Coinbase Japan users' crypto holdings will be automatically converted to yen (JPY). From Jan. 20, fiat currency deposits are unavailable.
Bitcoin Becoming More Mainstream While Bond Trading Is Dying, Says Australian Investment Firm
Pendal Group investment management company has announced that it is now in the Bitcoin business. It is taking a stake in Bitcoin through futures contracts.
Federal Reserve Votes to Keep Inflationary Monetary Conditions as US Economy Heals
Federal Reserve officials voted at the Federal Open Market Committee (FOMC) meeting to maintain the same monetary conditions that have aided Bitcoin's 2020 price surge.
Bakkt Launches Two New Regulated Trading Products Ahead of Schedule
Bakkt launched its market for physically-settled Bitcoin futures in September this year, just launched its Options tied to its Bitcoin futures today.
CHILIZ Launches Layer 1 Blockchain for Sports and Entertainment Industry
Chiliz has announced the launch of the Scoville testnet for the newly established Layer 1 blockchain network Chiliz Chain 2.0 (also known as CC2).
Binance Suspends Crypto-based Derivatives Products in Hong Kong
Binance announced Friday that it no longer allow Hong Kong users to open new derivatives accounts, effective immediately.
HK Outlines Regulatory System for Virtual Asset Sector
Measures include a licensing regime for the virtual asset service providers, contemplating the regulation of payment-related stablecoins and providing traditional financial institutions with guidelines on offering virtual asset-related services to clients.
MicroStrategy Holds over 129K Bitocins, Data Shows
Data shows MicroStrategy holds over 129,00 Bitcoins (BTC) with a total value of approximately $5.8 billion.
Five EU Member States Take Position Against Stablecoins
Five members of the 27-member European Union Bloc has urged the body to pass regulations to stiffen the emergence and existence of stablecoins in the region
Grayscale Bitcoin Trust Inflows Estimated at $1 Billion per Month - Why It Matters for BTC
Bitcoin’s quick ascent to its all-time high of $24K has shown no signs of slowing down, suggesting that the cryptocurrency is in overbought territory.
Lionel Messi Signs $20m Deal with Crypto Fan Token Firm Socios
Argentinian football superstar Lionel Messi has signed a $20 million deal with crypto fan token firm Socios, according to Reuters.
Tether to Launch GBPT in July, Pegged to British Pound Sterling
Stablecoin issuer Tether Operations Limited (“Tether”) has announced plans to launch Tether tokens (GBPT) pegged to the British Pound Sterling in early July.
Bitcoin SV Moons As Craig Wright Tells Court That he Has Access to Tulip Trust
Bitcoin Satoshi Version (BSV), a fork of the Bitcoin Cash, is surging in trades following Craig Wright’s compliance with a court order to open up the mysterious Tulip Trust for inspection.
Pepe Coin Shows Bullish Indicators After an 80% Decline
Pepe coin, after an 80% drop in value with scandals, is showing signs of resurgence. Technical indicators suggest a possible bullish momentum, with the Moving Average Convergence Divergence and Relative Strength Index indicating a potential bounce in price trends. However, Pepe's price trajectory remains a descending channel, indicating sustained bearish momentum. To shift this narrative, the coin must break above the descending channel and maintain its position above the upper boundary, providing a stronger confirmation of a trend reversal.
6 Million Bitcoin Moved in the Last Six Months as 46 Million Americans Own BTC
Analyst discloses 6 million or 33% of Bitcoin supply have been moved in the last six months, whereas 12.5 million BTC were hodled during the same time frame.
NYDIG Report: Bitcoin Volatility Expected Around ETF Dates, Mt Gox Delays, and Fed Rate Impacts
The options market is expecting significant price movements in bitcoin around key ETF dates, with forward volatility of at-the-money options surged by 9.6 points. The SEC is set to respond to the BlackRock iShares Bitcoin Trust ETF by October 17th, 2023, and has until October 16th to address the Bitwise Bitcoin ETP Trust. The market is also bracing for price swings due to approval or denial. Other notable news includes Mt Gox's repayment deadline change, Grayscale Investments filing for a new Ether Futures ETF, and the Grayscale case.
Wall Street Legend Explains How Bitcoin Could Collapse
Burton Malkiel, Princeton University economist professor, has warned Bitcoin investors about how the cryptocurrency could collapse.
Earn Additional Yield on Your Crypto20 Investment
Invictus Capital continues in their pursuit to provide their community with unique wealth creation opportunities.
Tesla's Biggest Drop Indicates a Stock Market Downtrend—Implications for the Bitcoin and Crypto Market
Yesterday, Tesla stocks plunged dramatically, suffering their biggest loss since going public.
Bitpay Now Supports Binance's Stablecoin For Global Payments
Binance and Bitpay have partnered to enable consumers and merchants to access Binance stablecoin.
Oct 08 Trading Analysis: BTC will dance to the U.S. elections beat...
Markets overreacted earlier in the week to Trump walking away from COVID stimulus negotiations. For me, it was clearly a negotiating tactic. Clearly, that was the case with Trump ready to sign for Stimulus Checks yesterday and Pelosi and Mnuchin discussing airline relief later today.
Bakkt Cash Integrated Directly with Starbucks Payment App
Bakkt President Adam White has announced the Bakkt Cash integration with the Starbuck mobile app.
Bitcoin Regains Momentum to Breaches $30K
After nosediving to lows of $26K, a scenario that was last seen in December 2020, Bitcoin (BTC) has gained momentum and breached the psychological price of $30,000.
Australian Online Broker SelfWealth Becomes the First Platform to Add Crypto for Trading
Australian online broker SelfWealth plans to list 10 cryptocurrencies, including Bitcoin and Ethereum, on its trading platform for trading before the end of this year.
Crypto Mining Hive Signed a $66 million GPU Subscription Agreement with Nvidia
Hive Blockchain Technologies Ltd signed a Graphics Processing Unit (GPU) procurement contract worth $66 million with a top-notch GPU inventor Nvidia Thursday. The announcement has come officially to join the Nvidia Partner Network (NPN) cloud service provider plan.
PwC Expert's Take: What Are the 3 Grey Areas to Crypto Taxation in Hong Kong?
The Inland Revenue Department (IRD) of Hong Kong took a step further to provide clarity in taxing digital assets. In the recent press release titled “LCQ20: Regulation of virtual asset investment activities”, James Lau, the Secretary for Financial Services and the Treasury answered the queries raised by the Hon Wu Chi-wai on taxation of virtual assets, tax evasion of virtual asset-related business and latest effort to regulate virtual assets by the Hong Kong Securities and Futures Commission (SFC).
Paxful Research Reveals How Nigerians Are Fighting Devaluation of Native Currency Naira with Bitcoin
The current pandemic has led to a devaluation of Nigeria’s native currency Naira and affected how cryptocurrency trades are conducted in the country.
Bitcoin Pumps to Mid-June Levels following Boris Johnson’s Resignation
Bitcoin (BTC) hit the $22K level, a scenario last seen in mid-June after Boris Johnson resigned as the UK prime minister.
Ireland's Central Bank Warns Investors about "Misleading" Crypto Advertising
The Central Bank of Ireland today issued a new warning about the risks of investing in crypto assets, drawing attention to "misleading" cryptocurrency advertising.
Crypto Assets Conference 2020: The Conference on "Blockchain & Finance”
On 9/10 March 2020, the Frankfurt School Blockchain Center, together with financial.com, is organizing the Crypto Asset Conference (www.crypto-assets-conference.de) on the campus of the Frankfurt School of Finance & Management for the third time. Blockchain technology was born through the invention of Bitcoin and has since then created hundreds of digital assets and spurred the development of business models building on decentralized networks. The conference covers both the public blockchain (crypto assets) and the enterprise blockchain domain (DLT). CAC20 makes the audience familiar with the current trends in DLT, blockchain and crypto assets.
Stealth Now Live on Altilly Crypto Exchange
The CEO of Altilly, Nayiem Willem announced on Oct.10, “we’re pleased to have Stealth (XST) join our exchange platform.”
DBS Bank Says Its Bitcoin Trading Surged Amid Global Market Crash
DBS bank has ploughed ahead with its Bitcoin trading operations despite a slump in the digital asset markets.
Coinbase and Binance Amongst the 70 Crypto Firms Awaiting Licensing, Said by MAS
American cryptocurrency trading platform, Coinbase and Binance exchange, two of the world’s largest digital currency brokerages are notably amongst the few platforms awaiting license approval from the Monetary Authority of Singapore (MAS).
Bitcoin Price Drop, An Aftermath of Janet Yellen Calling the Cryptocurrency "Extremely Inefficient"
The crypto market with Bitcoin in the lead is down following comments from Treasury Secretary, Janet Yellen that BTC is mainly used in crime and is inefficient.
"Bitcoin Is Risky," Says BIS Chief as Crypto and Unconventional Stocks like GameStop Gain Support
The Bank for International Settlements remains skeptical of Bitcoin, echoing the sentiments of many traditional banking institutions.
Multicoin Capital's Vision for 2024: Embracing AI, Crypto, and Web3 Innovations
Multicoin Capital's 2024 outlook highlights the transformative role of AI, stablecoins, and innovative token distribution in the crypto and blockchain landscape. The firm foresees significant advancements in remittances, social applications, and various sectors integrating crypto as a foundational element.
Ripple CTO: Why Ripple Ledger's Consensus Algorithm is More Reliable and Energy Efficient than PoW
Ripple CTO David Schwartz talks about reasons why Ripple Ledger (XRPL)'s consensus is more reliable and energy-efficient than Proof of Work (PoW) Consensus.
Cardano Becomes the 6th Largest Crypto as ADA Price Continues on Bullish Momentum
Cardano’s native crypto ADA has reached a two-year high on July 8, topping $0.138, up by 180 percent in the past 180 days. Cardano’s ADA cryptocurrency has been one of the top-performing tokens this year and has become the sixth-largest crypto. While its market capitalization remains lower than Bitcoin and Ethereum, Cardano’s ADA has surpassed Bitcoin Satoshi Vision (BSV), which currently ranks the seventh.
Qtum Teams Up with Blockpass To Deliver On-Chain KYC
Qtum, the advanced blockchain platform and growing decentralized finance (DeFi) ecosystem, has just announced its partnership with the leading on-chain KYC provider Blockpass.
Digital Wallet Omni Raises $11m in Seed Funding
On September 7, digital wallet Omni (formerly known as Steakwallet) raised $11 million in seed funding at a $50 million valuation.
Scammers Hack Monero's Official Website and Infected It With Malware
According to Monero's official website, there has been an attempt by unscrupulous people to compromise it's the system, by infecting its wallet with malware that's capable of stealing user's cryptocurrencies when downloaded and installed
BAC Strategists Say Bitcoin's Shifting Correlations May Indicate That It Is Regaining Popularity
Following months of crypto winter, BAC Strategists believe it may now be safe to stack Bitcoin again
Former-Cryptopia Employee Pleads Guilty Stealing Over $171K in Crypto
A former male employee stole over $171K in cryptocurrencies from a liquidated New Zealand-based crypto exchange Cryptopia. The defendant has pleaded guilty, will be sentenced in October.
Billion-Dollar Southland Credit Union Rolls out Bitcoin Trading Services
Southland Credit Union, a $1 billion credit union serving more than 60,000 members in the U.S., has teamed up with NYDIG to offer Bitcoin (BTC) buying and selling services.
Stablecoin Issuer MakerDAO Invests $500m into U.S Treasuries & Corporate Bonds
The move is an attempt by MakerDAO to diversify its holdings by allocating $500 million for investment in U.S. short treasuries and corporate bonds.
Altcoins Undergo Their Best Crypto Week since 2017, Polkadot and XLM Prices Expected to Rally Even Higher
Currently, Polkadot and Stellar Lumens (XLM) are bullish, and traders are expecting them to rally higher. Here's why.
EXcoin’s first year trading volume surpasses a staggering $600M
EXcoin Futures celebrated its one-year anniversary with trading volume now surpassing over $600M in 2019 for digital options derivatives, and setting the record for “platform with the highest trading volume” in MetaTrader4, MT4’s history.
Tesla Earns $64m Profits from Selling 75% of BTC Holdings
Electric car manufacturer Tesla (TSLA) announced it earned $64 million profit from the sale of 75% of its BTC holdings, despite a $170 million impairment loss in Q2 this year.
Canadian Regulator Charges Coinsquare Executives For Crypto Market Manipulation
Coinsquare executives have resigned following a settlement with the Ontario Securities Commission.
NYDFS Approved: Binance and Paxos New Stablecoin Collab & Paxos Gold-Backed Token
Crypto exchange giant Binance, and digital asset trust company Paxos recently announced their partnership to launch a USD-backed stablecoin. The announcement comes after the approval from the New York State Department of Financial Services (NYDPS). New York-based exchange and stablecoin operator, Paxos launched a gold-backed Ethereum-based token named Pax Gold (PAXG).
CoinFLEX Files for Restructuring in Seychelles
CoinFLEX expects the restructuring plan will bolster the company’s operations. The firm wants its depositors and the court to approve the arrangement that will see it issue its depositors' recovery value USD tokens.
MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users
DeSo, a new blockchain-backed by Coinbase, Sequoia, and Andreessen Horowitz, has announced its integration with MetaMask. As a result, millions of Ethereum users can now enjoy one-click access to encrypted on-chain messaging and a full Twitter-like feature set.
Binance Announces Integration of Bitcoin Lightning Network for Enhanced Transaction Efficiency
Cryptocurrency exchange giant Binance has announced its plans to integrate the Bitcoin Lightning Network for deposits and withdrawals. The move aims to improve transaction efficiency and provide users with a faster and more cost-effective experience.
El Salvador Now Ranks Third in Global Bitcoin ATM Installations
El Salvador now ranks as the third country with the largest number of installed Bitcoin-backed automated teller machines globally.
Binance Adds Smart Contracts to its Blockchain Platform, Moving Towards Direct Competition with Ethereum
Crypto giant Binance will be adding smart contracts to its blockchain platform, Binance Chain, according to its whitepaper released today.
Norway's Second-Richest Man Pumps $60M into Bitcoin and Establishes a Crypto Company
Norway's Kjell Inge Røkkes Aker has launched a crypto company Seetee and invested $60 million into Bitcoin.
US Awaits Recession While Bitcoin Becomes the Last Resort
The trade-war worries affected the financial markets on Wednesday, while stocks and commodities tumbled in Europe and the United States. Equities declined more than 1% in the United States after the S&P 500 Index fell 2.93%, the NASDAQ shed 3%, and the Dow Jones tumbled over 3%.
Bank of America Opens Bitcoin Future Trading to Clients
Bank of America (BofA) has become the latest major US bank to start trading Bitcoin futures.
Exclusive: Transforming Healthcare Megatrends with Blockchain Healthcare Specialist
We are delighted to speak with Gerard Dache, Executive Director of GBA in his blockchain journey, the state of professional chapters for GBA and blockchain specialist courses. In particular, Gerard analyzes the uniqueness of blockchain healthcare specialists and its role in transforming the megatrends in the healthcare industry!
Checkout.Com Starts Accepting Stablecoins Payment, Providing 24/7 Settlement
Checkout.com has launched offering stablecoins as a payment option for its merchants by using Fireblocks’ new crypto payment technology.
Microsoft Acquires Activision Blizzard for $68.7B, Enters Metaverse
Microsoft announced that it has acquired Activision Blizzard for $68.7b, laying the foundation for Microsoft's entry into the Metaverse and accelerating its gaming business.
How Australia's National Blockchain Roadmap Will Change The Future
Australia was one of the first countries to recognize the immense potential of blockchain technology and to incorporate it into various sectors in the country.
Bitcoin Twitter Hack Investigation Reveals Second Teen Mastermind
US authorities revealed that there may have been another hacker that played a prominent role in the Bitcoin hack that overtook Twitter on July 15.
Bitcoin Price Surges While the British Pound Falls During Brexit Fiasco
Bitcoin’s price shot up above $10,000, and other major cryptocurrencies have also seen gains. The turmoil surrounding the possibility of a no-deal Brexit has led to the fall of the British Pound.
World Economic Forum Views Cryptocurrency as Pivotal Tool for Financial Inclusion
The WEF thinks cryptocurrencies can be pivotal in offering financial services to one-third of the world’s adults, approximately 2 billion people, who are unbanked.
IRS is Developing 'Hundreds' of Crypto Cases Amid Upcoming Tax Season
The United States IRS is building crypto cases and is looking toward hiring new hands to help handle its operations
Coinbase Incubated Base Network Sets Sights on Mainnet Launch: A Boon for Ethereum Layer 2 Ecosystem
Base, an Ethereum Layer 2 (L2) network backed by Coinbase, is preparing for a mainnet launch, bringing its secure, low-cost solution for decentralized app (dApp) development to the forefront of the blockchain world.
Equities Up, Crypto Down: Robinhood's May 2023 Trading Data and Upcoming Crypto Delisting
Robinhood Markets Inc., the popular trading platform known for democratizing investing, has released its operating data for May 2023, showing an increase in both equity and options trading but a decline in cryptocurrency trading.
Emsisoft Releases Solution for BTC Demanding Ransomware WannaCryFake
Emsisoft, the cybersecurity firm, has released a new free fix for WannaCryFake—the malicious bitcoin (BTC) demanding ransomware.
NFL Announces to Host 2024 Draft in Detroit, Seeking Blockchain Sponsorship Deals
National Football League (NFL) announced Monday that the NFL 2024 draft will be held on April 24 at Matthews Campus Park in downtown Detroit. NFL is seeking blockchain sponsorship deals.
New York Times Experiments with Blockchain to Combat Fake News
The New York Times made an announcement regarding their new project by their research and development team focused on experiments using blockchain.
Coinbase Is Under SEC Scrutiny for Staking Programs
Coinbase mentioned in its quarterly earnings report that it is under the regulator’s investigation concerning its staking packages.
Blockchain Intelligence Startup TRM Labs Raises $14M Investment Round from PayPal & Salesforce
San Francisco-based blockchain intelligence platform TRM Labs announced the company completes a Series A funding with a total value of $14 million on June 17.
Is Bitcoin’s True Power Being Revealed as COVID-19 Market Crisis Sends Oil Futures Price Below Zero?
As WTI crude oil futures plummeted into negative territory, the pioneer cryptocurrency Bitcoin hardly seemed to notice, recording only a minor correction and dipping under 7k.
Stablecoins Will See Bigger Adoption than CBDCs, says Circle Founder
Central bank digital currency (CBDC) across global economies appear to be inevitable, as central banks have been issuing their own pilot tests of CBDC.
US SEC Rejects Bitwise Proposal to List Bitcoin ETF
The United States Securities and Exchange Commission (SEC) has rejected a proposal filed by Bitwise Asset Management to list a Bitcoin (BTC) exchange-traded fund (ETF).
SEC Initiates Consultations on Rule Change for Bitcoin Trading Options
The SEC is discussing a rule change for options trading on Bitcoin ETFs, seeking public input on market impact during turbulence. Exchanges have requested options trading on recently approved spot Bitcoin ETFs, and whether options should follow stock regulations.
Bitcoin Hits a Five-month Low of $39,650, Leading to $323M Liquidation for Crypto Traders
Bitcoin prices hit a five-month low of $39,650 on Monday, before briefly dipping 40K before bouncing back to the $41.5K level with over 103,839 traders were liquidated in the past 24 hours, valued at$329.63 Million.
Bitcoin’s Supply Ratio on Exchanges Hit a 26-Month Low as BTC Miner Reserves Edge Closer to an ATH
Bitcoin (BTC) holders continue to show their confidence in the leading cryptocurrency as the supply ratio on exchanges slumped to a 26-month low.
El Salvador Buys the Dip by Adding 100 Bitcoin to its Portfolio
After slipping to lows of $54,000, a scenario not seen in the last six weeks, El Salvador saw this as a perfect opportunity to buy the dip for additional 100 BTCs.
Tone Vays and Blockstream CEO's "Shitcoin List" Includes Ethereum, Ripple, Litecoin, and EOS
Tone Vays believes that Ethereum, XRP, Litecoin, BCH, Tether, EOS, Dash, Cardano, BSV, IOTA, Chainlink, and Monero are all "shitcoins." Blockstream CEO agrees.
Poker Players Are Improving Their Winning Odds with Bitcoin Cash Outs
Winning Poker Network (WPN), a major online poker site, has revealed a surge in demand for Bitcoin payouts.
CryptoFin is the largest blockchain, cryptocurrency and alternative banking conference in Northern Europe
The capital city of the Northern star Estonia will host the 2-day international event CryptoFin Conference & Expo on 14-15 of October 2019 at the Creative Hub.
World’s Largest Metaverse Builder Community SandStorm Launches Build Proposals for Brands
Leading metaverse builder community SandStorm has released its highly anticipated “proposal and bid” platform. This metaverse construction market pairs brands with builders from top virtual worlds including Decentraland and The Sandbox, allowing brands to deploy assets and experiences on demand. Its decentralized approach aggregates the best builders to provide unparalleled quality and cost savings to brands pioneering the metaverse.
BendDAO Considering Expanding into ApeCoin NFT Staking Programme
BendDAO plans to introduce a BendEarn NFT platform that enables staking of major tokens like ApeCoin, Bored Ape, Mutant Ape, and Bored Ape Kennel Club NFTs. The NFT platform will allow BendDAO users to earn passive income with NFTs through the available innovative features like a dashboard, four staking pools, and market tools.
DeFi Project ChangeX launches its CHANGE token on Uniswap, HydraDEX to strong investor interest
DeFi project ChangeX has successfully launched its CHANGE token for trading on HydraDEX and Uniswap to strong investor interest, company officials said. The app supports several trading pairs in order to offer a broader range of possibilities to investors, BTC and ETH cross-chain swaps included.
SpaceX dropping $373M worth of Bitcoin led to crypto market crash
After the publishing of the news, the price of Bitcoin experienced a significant drop of around 10% within 10 minutes, causing the cryptocurrency's value to fall to $25,166 on Binance. The OKX perpectual bitcoin price even plunged to $24,098.
Bitcoin Options Expiry Might Form New Support for a Bullish Price Surge
Expiring Bitcoin options may be a springboard for a new price discovery.
Bitcoin Price Nears $12,000 at Monthly Close—What are Analysts Predicting?
Bitcoin (BTC) remained under the resistance level of $12,000 at its August monthly close. What are analysts predicting?
The Networked Ledger—The Evolution of Blockchain Software from Bitcoin to Ethereum
A look at origins and how blockhain has evolved and continues to disrupt our systems of industry and finance, from Bitcoin to Ethereum
Dogecoin Co-Founder Takes a Jab at Elon Musk, Calling Him a 'Grifter'
Many people might be in favour of Elon Musk on Twitter, but Jackson Palmer, one of the co-founders of Dogecoin, is not in any way a fan of the billionaire Tesla and SpaceX CEO.
Liquid Network: The Platform for the Fastest Bitcoin Transactions?
Samson Mow is an entrepreneur and marketing strategist who is currently serving as the Chief Strategy Officer at Blockstream. In Part 2 of the interview, Samson unmasked the power behind Liquid Network, how Liquid transactions work and c-lightning on Liquid. He also shared the latest initiatives of Blockstream and his personal take of Bitcoin in 2020.
Iran Pushes Oil Investment on Citizens, Winklevoss Advises Bitcoin
Despite the oil price taking a beating this year, Iran has urged its citizens to invest in a scheme that would pre-sell 220 million barrels and drive liquidity into the OPEC nation's struggling economy. In response, Cameron Winklevoss tweeted that Bitcoin is a far better investment.
Teenage Bitcoin Scammer Behind 2020 Massive Twitter Hack Gets Sentenced to 3 Years in Prison
Graham Ivan Clark, a Florida teenager, will serve three years of probation after receiving a jail term of three years in prison.
Huawei’s CEO Responds to Facebook: China Can Issue Its Own Libra
Ren Zhengfei, CEO of China’s Huawei believes that China can create their own digital currency in response to Facebook’s Libra.
Bitcoin Lightning Network Continues to Gain Steam, Hitting Historic Highs of 3,436 BTC
After crossing the 3,000 BTC capacity for the first time in October 2021, the Bitcoin Lightning Network does not show signs of slowing down as its upward quest continues.
‘AML BitCoin’ Lobbyist Abramoff Pleads Guilty to ICO Fraud
AML BitCoin lobbyist Jack Abramoff has pleaded guilty to multiple accounts of fraud associated with the 2018 Initial Coin Offering (ICO) for AML BitCoin.
Voyager Customers Could Get 72% if Bankruptcy Sale Succeeds
Bankrupt crypto lender Voyager may repay customers 72% of their accounts' value if the company can sell itself to digital-asset exchange FTX US.
Vebitcoin Crypto Exchange Shuts Down its Business, Turkish Financial Watchdog Investigates
Vebitcoin has suddenly halted its trading, citing financial strains.
ECB Publishes New Guideline on Regulated Digital Asset Licensing
The European Central Bank (ECB) has issued new licensing guidelines for regulating digital assets, although it currently does not have a unified regulatory framework governing crypto-asset activities and services.
Heaven for Bitcoin Miners? Iran Officially Legalizes Crypto Mining
The Iran Chamber of Commerce, Industries, Mines and Agriculture recently published a statement that the Iranian Economic Commission has approved a mechanism for digital coin mining.
Bitmain Launches Cheaper Mining Machines After Bitcoin Halving and Losing Market Share to MicroBT
Bitmain has launched a cheaper version of a Bitcoin mining machine, Antminer T19, compared to its more pricy predecessor Antminer S19. Bitmain has been losing its market share to its rival, MicroBT, which launched its M30S++ Bitcoin miner in April this year. The Antminer T19 has a hashrate/ mining power of 84 terahash per second (TH/s), and power efficiency of 37.5 joules per terahash (J/TH). The price of this new mining machine is around $1750, while the S19 costs around $1785.
Bitcoin Needs to Overcome One Key Factor Before Its Price Run to $20K
Market experts are saying that if Bitcoin clears one key resistance level, it may reach $20K with less obstacles along the way.
Brazil Securities and Exchange Commission Bars Bybit Offering Crypto Trading
Brazilian Securities and Exchange Commission (CVM) ordered the ban on cryptocurrency exchange Bybit from engaging in the securities brokerage business.
IMF Officials Warns Monetary Risks of adopting BTC as Legal Tender
Two International Monetary Fund (IMF) officials criticize without name and shame that the adoption of Bitcoin as legal tender in some countries would be risky and “could be dire” to its economy.
Over 101 Carat Diamond Sold for $12.2M in Crypto in Hong Kong
A 101.38-carat diamond has been sold for over $12.2M, conducted by Sotheby’s in Hong Kong recently. The transaction will be accepted in cryptocurrency, either in Bitcoin or Ether, as payment.
Bitcoin Addresses Holding for More Than a Year Hit an ATH with 10.15 Million BTC
Long-term Bitcoin holders' accumulation continues to break the record.
Coinbase warns of delays for ETH unstaking after Ethereum Merge
Coinbase users may face delays in unstaking their ETH after Ethereum's Shapella upgrade, due to on-chain processing. Coinbase advises users to be patient and offers a liquid staking option, "cbETH."
Former Federal Reserve Chair Janet Yellen to speak at AFF, Global business leaders to share insights on economic challenges
Business leaders from around the world will gather in Hong Kong to share insights at the 13th Asian Financial Forum (AFF), which takes place on 13 and 14 January 2020 at the Hong Kong Convention and Exhibition Centre (HKCEC). Under the theme “Redefining Growth: Innovation ∙ Breakthrough ∙ Inclusiveness”, global financial experts, policymakers, business leaders and economists will examine topical issues in the global economy and explore new opportunities. This year’s AFF will feature discussions on a wide range of issues such as the new global economy, fintech, sustainable and inclusive development and green financing, offering participants a head start in identifying new economic challenges and opportunities.
U.K. Treasury Proposes Ambitious Crypto Regulations
The UK Treasury labelled algorithmic stablecoins "unbacked crypto assets" rather than banning them.
Babel Finance explores new restructuring opportunities with DeFi project
Babel Finance is considering a new restructuring opportunity that involves the creation of a new decentralized finance (DeFi) project called Hope. This project aims to generate revenue to repay debts owed to creditors, and will mint a new stablecoin using Bitcoin and Ether as collateral.
Twitter Hack Goes Viral as Bill Gates, Elon Musk, and Biden Hit by Massive Bitcoin Scam
Twitter has gone haywire as news of a Bitcoin scam hack targeting multiple high-profile figures such as Bill Gates, Elon Musk, Joe Biden, Jeff Bezos, and even multinational tech company Apple has broken out.
Is the Rise of Decentralized Finance an "Illusion"? BIS Thinks so!
The Bank of International Settlements (BIS), has called the growth in the decentralized finance (DeFi) ecosystem an “illusion” with a handful of criticisms.
Hut 8 Mining Corp Generated 330 BTC in July, Becoming one of the Largest BTC Holders
North American publicly traded cryptocurrency mining company Hut 8 Mining Corp has announced its July 2022 operational update.
EY: How Blockchain Revolutionizes Tax Operations for Businesses in 2 Ways
Following Part 1 of the interview, we looked at Ernst & Young’s perspective on how blockchain can be an effective tool for huge tax savings. Jimmy also shared the progress of Nightfall, zero-knowledge proof technology on the role of privacy transactions on public blockchains.
Indian Crypto Taxation Leads to Increase in Daily Sign-ups for Exchange Platforms
Indian crypto-asset exchange platform WazirX witnessed a 30% jump in its daily sign-ups since the country decided to impose a 30% tax on profits from cryptocurrency trading, according to co-founder Nischal Shetty.
Wall Street Indices End The Week With Gains Seen On BTC, ETH and XRP
Wall Street Indices including the Dow Jones, S&P 500, and the Nasdaq Composite closed higher on Friday alongside BTC, ETH, and XRP. Technical analysis was used.
Compass Mining Publishes Guidelines for Mining Cryptocurrencies at Home
Compass Mining, an American Bitcoin mining company, has published a guideline that will help retail individual miners to set up their mining rigs at home.
Beware Of Impostors: China Has Not Issued or Released A Date For Its Digital Currency
Owing to this, a statement released by the People's Bank of China on October 13, warned the general public to beware of such fake platforms and organizations as they are not related to the Bank of China.
Bitcoin Soars To New ATH, With the News That Morgan Stanley Set to Bet Big on BTC
Bitcoin just soared to a new ATH on the news that a Morgan Stanley unit, Counterpoint Global is considering a Bitcoin bet
Litecoin Hits Three-Year High as Litecoin ETP Launch Nears
Litecoin has started a strong uptrend since the end of March. On April 11, LTC hit a high of $263.15 on April 11. It exceeded the resistance level of $262, the highest point on February 26, 2018.
Bitcoin Mining Simulators VS Crypto Faucets – Who wins?
Compare Bitcoin faucets vs crypto mining simulator games in search of the best way to get free bitcoins and the most fun!
MLB All-Star and NY Yankee Pitcher Nestor Cortes Releasing Personal NFT Collection On The ReserveBlock RBX Network
MLB All-Star and NY Yankee Pitcher Nestor Cortes, aka “Nasty” Nestor, announced today that he will be releasing his exclusive NFT collection on the ReserveBlock Foundations RBX Network (reserveblock.io) protocol with a portion of his personal proceeds to benefit Sloan Kettering Memorial Hospital and Miami Children’s Hospital on Sunday evening July 17th. RBX is the first open-source decentralized NFT Centric Blockchain that enables true peer-to-peer operability for the minting and trading of NFTs with or without the need for a centralized authority.
Couple Charged by the SEC for Defrauding 500 Investors in Fraudulent Water-Backed Cryptocurrency Scheme
The Securities and Exchange Commission (SEC) has persecuted a former Texan pastor and his spouse for allegedly conning hundreds of innocent investors. The SEC said that the Texas couple used alkaline water-backed crypto, TeshuaCoin, to con the investors.
Bitcoin’s Short-Term Volatility Is Irrelevant Once Investors Understand Its Fundamentals, Says MicroStrategy CEO
MicroStrategy's CEO has once again said that Bitcoin is the most certain thing in the very uncertain world, suggesting investors should not be discouraged by its short-term volatility.
DMG Blockchain Solutions Quarterly Revenue Leaps $14.2m, up 639% Year-over-Year
Blockchain and crypto company DMG Blockchain Solutions announced record revenue of $14.2 million in the first quarter of 2022, up 639% year-over-year.
MetaWeek 2022 Dubai: Featuring Top-notch Projects in Metaverse and Bringing Up Challenges for Social Impact and Mental Health Awareness
The MetaWeek conference, happening on September 11-14, 2022, will deliver exclusive insights and define current and future trends for Metaverse development in the Middle East and globally.
Former Navy SEAL and Author Willard Chesney Joins CBS SEAL Team Actor Justin Melnick With NFT Collection Release On The ReserveBlock RBX Network
Former Navy SEAL Operator and Author Willard Chesney, the dog handler on the historic raid on the Osama Bin Laden compound, along with Justin Melnick, who plays Navy SEAL dog handler ‘Brock Reynolds’ on the CBS hit television series SEAL TEAM, are banding together to release an exclusive NFT collection utilizing the ReserveBlock RBX Network (reserveblock.io) protocol with a portion of the proceeds benefiting The Boot Campaign. This exclusive NFT series will each come with special unique digital and physical mementos as well as digitally paired with personal experiences with both Chesney and Melnick and will be directly offered from their digital wallets to anyone who wishes to participate.
Bitclub Crypto Ponzi Scheme Suspects Petition Court For Release Citing Coronavirus Fears
Two men accused of operating a crypto Ponzi scheme, the BitClub Network, which defrauded thousands of investors out of $722 million, have requested a New Jersey federal court to grant them a temporary release. The two prisoners have petitioned a New Jersey federal judge as they fear they could contract the coronavirus if they are not freed from the enclosed county jail environment.
Bitcoin (BTC) Price Could Reach $125K if it Pulled a Tesla—The Two Assets Show Similarities
The amount of Bitcoin whales, who have at least 10,000 BTC has increased to 114 as the cryptocurrency’s price rose above $18,000.
Coinbase Seeks to Raise $1.5B Senior Notes to Power its Product Development
Coinbase seeks to sell out $1.5 billion worth of Senior Notes to power its product development drive.
Mastercard Enables USDC Spending in Asia
Mastercard has partnered with Stables to allow retail customers in the Asia-Pacific region to spend and save USDC through its network. Meanwhile, worldwide banking turmoil has not slowed the blending of traditional and decentralized finance (DeFi). Global payment provider Mastercard has expanded its partnership with the Australian stablecoin platform, Stables, to enable retail customers in the Asia-Pacific region to spend and save USDC anywhere Mastercard is accepted. The wallet will accept deposits in several stablecoins, including Tether (USDT) and Binance USD (BUSD), with all deposits automatically converted into USDC. This move comes as worldwide banking turmoil and regulatory crackdowns continue to impact the crypto space.
DOGE Price Frenzy: Mike Novogratz and Peter McCormack Warn Dogecoin Bull Run Will End Poorly
Mike Novogratz and Peter McCormack have warned against the current Dogecoin bull run, as Elon Musk continues to fuel the bull run
Binance-native blockchain BNB Chain continued to show steady activity growth
Despite the bad market, Messari researchers found that BNB Chain fundamentals and on-chain activities improved in Q4 2022.
Bitcoin Futures Market is in a Healthy Contango,Indicating that the Price of Bitcoin will Rise Further
The BTC futures market has been scaling the heights based on an uptick in price, which means the market expectations are for higher prices in the future.
Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?
Made up of more than two dozen companies and based in Geneva, a few of the founding members, including PayPal, Mastercard, Visa, Stripe, Booking Holdings, and eBay, decided to leave the Libra project. A five-member board governance board was formed after the Libra Association reaffirmed its commitment by holding its inaugural meeting in Geneva, Switzerland, on Oct. 14.
Algorand’s Listing on Coinbase Sparked 30% Price Surge and New All-Time High Market Capitalization
US cryptocurrency exchange Coinbase has listed Algorand on its platform. According to the Coinbase announcement, Algorand (ALGO) has been made available on Coinbase.com and its Apple and Android apps.
Bitcoin.com Exchange Collaborates With Changelly For Seamless Crypto Swaps
Changelly cryptocurrency exchange platform partneres with Bitcoin.com Exchange, a new cryptocurrency exchange in the crypto market to ensure that customers enjoy seamless swapping of cryptocurrencies
How to Buy Bitcoin Cash in South Korea: Bitcoin.com and Mecon Cash Will Enable BCH Withdrawals at ATMs
A strategic partnership between Bitcoin.com and Mecon Cash made it possible for Bitcoin Cash to be added to Mecon Cash’s M.Pay platform which has over 13,000 ATMs in South Korea, thereby making the withdrawal of BCH to South Korea nationals easy especially in places that are yet to integrate peer-to-peer electronic cash transactions.
European Asset Manager Believes Bitcoin is Not Doomed Despite Industry Collapse
A European asset manager, Amundi, believes that the ongoing cryptocurrency industry collapse does not mean that digital assets like Bitcoin are doomed to fail. Despite BTC's inability to protect investors from rising inflation, its limited supply may still attract attention if inflation remains high.
Bitcoin Price Could Continue on Bullish Momentum Towards $15,800 Amid Double-Dip Recession
Bitcoin’s price is currently struggling to continue its push towards $12,000, however, a chance of a double-dip recession could take BTC higher.
Here’s A Look at The Top Outlets For Blockchain Developers To Source Grants
Monetary grants are extremely important in any field - be it the arts, media, technology - especially nascent ones where there is a lot of scope for growth and development. For example, blockchain is one such domain which over the course of the last decade or so has seen an incredible output of innovation (ala smart contracts, decentralized finance, etc) from relatively independent developers working with limited resources.
Haun Ventures' Funding Round Helps Thirdweb's Valuation Reach $160M
Thirdweb has reached a $160 million valuation following a successful $24 million funding round led by Haun Ventures.
Deutsche Bank Survey Predicts Bitcoin Could Plunge Below $20K
Deutsche Bank survey indicates pessimistic Bitcoin price outlook, with 33% expecting it to drop below $20,000 by 2024, while 15% anticipate stabilization between $40,000 and $75,000.
Crypto-Candidate Andrew Yang Officially Withdraws, Blockchain Loses Ally
Crypto-Candidate Andrew Yang Officially Withdraws, Blockchain Loses Ally
TRON Founder Justin Sun Offers Bounty Reward for Twitter Bitcoin Scammers
As distressed Twitter users scrambled to get a sense of the recent Bitcoin attack that happened earlier this week, TRON founder Justin Sun spoke up and offered a $1 million bounty reward for whoever was able to uncover the identities of those behind the Twitter mass hack.
Did Coinbase CEO Steal a Blockchain Startup's Work? This Lawsuit Alleges so
Brian Armstrong is currently being accused of stealing the works of blockchain startup MouseBelt Labs, both of whom invested in Knowledgr, an academic research platform designed to reward participants in cryptocurrencies.
Over Half of Fortune 100 Companies Embrace Crypto, Blockchain, and Web3, Reveals Coinbase Report
According to a recent report released by Coinbase, more than half of the Fortune 100 companies in the US have been actively pursuing crypto, blockchain, or web3 initiatives since the beginning of 2020.
Bitcoin Will One Day Close a $40,000 Daily Candle, says BTC Advocate Jimmy Song
Jimmy Song believes that Bitcoin's daily candle will one day close at more than $40,000 based on its present closure of at least $1900 in the past 24 hours.
Blockchain.com Gets Regulatory Approval to Operate Crypto Exchange in Dubai
London-based crypto firm Blockchain.com announced Friday that it has received regulatory approval to operate its exchange in Dubai, a city in the United Arab Emirates (UAE).
Celsius Co-Founder Daniel Leon Calls it Quits
The embattled crypto lender Celsius Network Ltd. has lost another top member as co-founder Daniel Leon resigned this week.
Bitcoin Fear & Greed Index Indicates Extreme Fear, Suggesting Considerable Uncertainty in the Market
Market analyst Lark Davis believes that FUD (fear, uncertainty & doubt) has engulfed the BTC market based on the fear & greed index.
XRP Token Retraces, Will It Manage to Break past the $0.40 Level?
After undergoing a pump and dump where XRP managed to touch $0.74 briefly, the token is currently retracing, trading at around $0.37 on CoinMarketCap.
Bitwise ETF BITQ Surpasses $100M in Cypto Assets Under Management
Bitwise Asset Management, a leading crypto asset manager, has announced that its Crypto Industry Innovators ETF (NYSE: BITQ) recently surpassed $100 million in assets under management. This milestone comes amid a turning point for the crypto sector, which has seen positive industry developments, strong market performance, and growing investor interest throughout 2023.
Bitcoin Experiences Worst Selloff since May as BTC Trades below 200-Day Moving Average
Despite holding above the psychological price of $50K over the Christmas weekend, Bitcoin (BTC) experienced significant liquidation that drove the price downwards.
How Cryptocurrencies Can Help You Find Love This Valentine's Day
A Valentine's Day poll reveals that cryptocurrency may be key in compatible relationships.
Bitcoin Community Helps in Setting Up Italian Red Cross Medical Center to Fight Coronavirus
The Bitcoin community has funded a noble cause of establishing the second level Advanced Medical Post (AMP) belonging to the Italian Red Cross as it will be instrumental in saving lives in Italy amid the coronavirus (COVID-19) pandemic. The epidemic has hit Italy hard as it has recorded more than 132,000 cases and at least 16,000 deaths.
Celsius Case Experts Yet to Understand Cryptos Ruling Under US Bankruptcy Code
Celsius Network's repayment options to creditors suggest either accepting "cash at a discount" or remaining long-term crypto holders, but this is yet to be decided as the crypto lender's bankruptcy case carries on.
Former Coinbase CLO Brian Brooks Joins Hashdex's Board of Directors
Brian Brooks, former Coinbase CLO and current Valor Capital Group partner, joins Hashdex's Board of Directors, aiming to accelerate the firm's global growth in the crypto asset management space.
Blockpass Supports Permissionless DeFi Protocol UniLend Fundraiser with KYC & AML Screening
HONG KONG, Nov 24, 2020 - (ACN Newswire) - Blockpass today announced a successful working partnership with UniLend, the decentralised finance (DeFi) platform. UniLend recently conducted a successful fundraiser, with Blockpass providing the requisite KYC and AML provision in order to meet regulatory compliance. By handling the compliance measures, the UniLend team were able to focus their efforts on the actual fundraising process.
Argentinian Seek Shelter in Crypto, while Local Inflation Surges over 50%
Argentinians have resorted to transacting in cryptocurrencies to tame runaway prices, given that annual inflation surged by more than 50%.
The ECB Expresses Concerns on Regulating Stablecoins
Due to the lack of regulation of stablecoins, concerns have been conveyed by the European Central Bank (ECB) despite stablecoins with a clear governance framework.
BAYC tied ApeCoin Makes Debut
Crypto token ApeCoin ($APE) was unveiled in the official Bored Ape Yacht Club (BAYC) Twitter account which detailed initiatives planned by creator Yuga Labs.
Crypto Ads in India to Brandish with "Highly Risky" Disclaimer
The Advertising Standards Council of India (ASCI), the sovereign regulatory body for advertisements, has published a new set of guidelines for stakeholders in the digital currency ecosystem.
Trump Pushes Federal Reserve For Negative Interest Rates, Bitcoin's Anti-Inflation Mechanism Shines
The potential for negative interest rates on the US dollar highlights the strength of cryptocurrencies like Bitcoin, which have anti-inflationary mechanisms built-in.
MarketAcross To Join Benzinga’s Future Of Crypto Summit As Global Media Partner
MarketAcross, the premier blockchain PR and marketing firm, is the official global media partner for the Future of Crypto conference, organized by Benzinga. The event is a new Benzinga initiative which wants to focus on the broader cryptocurrency industry, including DeFi and NFTs.
CME Group to Launch Euro-Denominated Bitcoin, Ether Futures on August 29
CME is about to launch Euro-denominated Bitcoin and Ether Futures products to meet the ever-growing demand for derivatives from an influx of retail and institutional investors.
Portugal's Zero-Taxation, Low Living Costs Helps Gain Pace as Preferred Crypto Destination
Portugal is crafting a name for itself in the crypto space based on its zero-taxation policy, having set up various free zones to spur growth and research for cryptocurrency and blockchain organizations.
OKG Holdings Says OKEx Founder Investigation Won't Impact Business, OKB Price Plunges Further
OKG Technology Holdings Limited has announced that operations won't be affected, despite the PRC investigation into controlling shareholder and OKEx Founder Star Xu.
FTX’s Sam Bankman-Fried Eyes Bailing Out Jittered Crypto Miners After Inking BlockFi Deal
Sam Bankman-Fried, the CEO and founder of crypto exchange FTX, revealed that he was looking at the option of making acquisitions in the limping crypto mining sector
CoinMarketCap CSO, on DeFi for Fostering a More Open Economy
Following part one of our interview with Carylyne Chan, the Chief Strategy Officer at CoinMarketCap, she elaborated on seizing market opportunities in decentralized finance (DeFi) with a new product, Interest by CoinMarketCap. She also outlined the potential effects of staking regarding CMC’s operations and plans for 2020.
CryptoQuant CEO: Bitcoin Could Face Correction As Institutional Investment Stalls
CEO of CryptoQuant Ki Young Ju has warned about a potential correction as on-chain data indicates institutional investment into BTC appears to have stalled.
Binance Pay and Credencial Payments Join Forces to Enable Real-Time Crypto Payments in Latin America
In a strategic alliance aiming to revolutionize the digital payment landscape, Binance Pay, the digital payment platform of the world's largest crypto exchange, Binance, has partnered with Latin American (LATAM) company Credencial Payments.
Bitcoin Network Difficulty Level Attains New ATH of 29.794T
The Bitcoin network has grown in difficulty yet again as it recorded a new All-Time High (ATH) of 29.794T.
Prediction: Major Bitcoin Correction to $21,500 Before Soaring to New Heights
CryptoCon predicts a significant Bitcoin correction, possibly bottoming between $26,000-21,500, followed by a rally to $130,000 by late 2025, while other experts predict moderate price movement.
Crypto.com Removes Data from CoinMarketCap after Prices go Haywire
Cryptocurrency data provider CoinMarketCap.com had a data failure on Tuesday night, causing many cryptocurrencies to show astronomical gains.
Tether Regains $1 Peg
Tether (USDT) has regained its 1-to-1 peg with the dollar after briefly dropping to 94.55 cents, its lowest since December 2020.
McAfee Comes Clean on His Statement of Bitcoin, in Wake of His 'Dickening'
In recent news, John McAfee appeared to have retracted his previous statement regarding Bitcoin, now claiming he never believed that Bitcoin would hit $1 million dollar in pricing.
1Bn Crypto Users Forecasted in the Next Decade, Says Coinbase CEO
Brian Armstrong, CEO of Coinbase Global Inc, predicted there would be up to 1 billion users of cryptocurrencies within the next decade.
El Salvador Plans to Build 20 New Schools by Using Bitcoin Profits
El Salvador has started reaping from its Bitcoin investment because profits have started being channeled towards infrastructural development.
Switzerland Parliament Blockchain Act Reform Validates Crypto and Digital Assets
The Swiss parliament has revamped and clarified legislation on blockchain technology and digital currencies activity in the country
Coinbase Legal Chief Urges Swift US Crypto Legislation Amid Israel-Hamas Tensions
Coinbase's Chief Legal Officer, Paul Grewal, emphasized the importance of preventing cryptocurrency misuse and advocated for sensible crypto legislation in the US amidst geopolitical unrest involving Israel and Hamas. Grewal highlighted Coinbase's proactive measures like KYC checks and law enforcement partnerships to curb illicit activities on its platform. The discourse also spurred reactions from the crypto community regarding asset seizures and the role of other crypto exchanges like Binance.
China Accounts for 65 Percent of Bitcoin’s Hash Power, New Research Reveals
An interactive map published by the University of Cambridge’s Alternative Finance Center (CCAF) revealed Chinese miners accounted for 65 percent for the global hashing power used by Bitcoin. The CCAF tracked mining data for over a year from websites like BTC.com, ViaBTC, and Poolin, with the premier university claiming the map is the first-of-its-kind effort in visualizing hash power data by geography.
Top 3 Coins to Watch this Week: BTC, LUNA, and MANA
With the market still looking weak, here are the top three coins to pay attention to this week.
OKX Global Ad Campaign Targets Outdated Financial Systems
OKX's global ad campaign calls for a rewrite of the centralized financial system, seemingly taking a dig at Coinbase's "update the system" campaign. OKX argues that the decentralized nature of Web3 means consumers don't need centralized players. The campaign was produced in collaboration with BBDO New York, OKX's advertising agency.
Bitcoin and Ethereum Crypto Prices Exploding Because Gold is Lame says Vitalik Buterin
Over the weekend the Bitcoin price exploded to almost $35,000 and ETH soared to over $1000. Why? Because “gold is lame” according to Ethereum founder Vitalik Buterin.
Cathie Wood's Ark Invest Offloads Coinbase & Robinhood Shares
A trading filing showed Wall Street veteran Cathie Wood's Ark Invest has sold more than 1.4 million shares of Coinbase and $500,000 worth of Robinhood shares recently amid the crypto market downturn.
Bitcoin Cash ABC (BCHA) Stays Afloat and Is Up 70%, Will The Blockchain Fork Make It?
Despite being blocks behind Bitcoin Cash Node after the split from Bitcoin Cash, lead developer Amaury Séchet’s Bitcoin Cash ABC (BCHA) has up to now survived.
3AC, Coinflex Founders Raise $25M For Claims Trading Exchange
The creators of bankrupt crypto hedge firm 3AC are raising funds for a new cryptocurrency exchange. Their pitch deck seeks $25 million. Presentations call the new exchange GTX. On June 27, 3AC went bankrupt, and Su and Davies disappeared.
Stock Market Responds Positively to President Joe Biden's Inauguration, but what about Bitcoin and Ethereum?
With the ascent of President Joe Biden into office, the stock market is bullish, but Bitcoin and Ethereum have failed to deliver as much of a gain.
Nigerian Blockchain Remittance Platform Afriex Raises $10M in Series A Funding
Nigerian fintech startup Afriex has closed a $10 million Series A round at a $60 million valuation.
Banking Giant Morgan Stanley Purchases 28,289 Shares of Grayscale Bitcoin Trust
According to the U.S. Securities and Exchange Commission's document, the US leading investment bank Morgan Stanley is buying 28,289 shares of Grayscale Bitcoin Trust through its European Opportunity Fund.
DeFi Hackers Mint $11.6M in Stablecoins
Blockchain security firm PeckShield identified a hack that allowed an attacker to mint over 1 quadrillion Yearn Tether and then swap it for other stablecoins worth $11.6M. The attacker also managed to transfer 1,000 ETH to the cryptocurrency mixer Tornado Cash. DeFi protocols Yearn.finance and Aave have confirmed that their current contracts and protocols were not affected by the exploit.
El Salvador is Opening a Bitcoin Embassy in the United States
El Salvador, the first nation to legalize Bitcoin, is opening a Texas Bitcoin Embassy to promote BTC.
Ethereum and Litecoin Could See Slight Correction Before Continuing Bull Run
Ethereum (ETH) is currently trading at $1,107 at the time of writing, up by over 7 percent in the past 24 hours.
DeFiChain’s DFI Token Starts Trading on Huobi Global
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, officially announces the listing of its native DFI token on Huobi Global, one of the world’s leading cryptocurrency exchanges.
Binance to Step up Investment in France by up to $113M
Binance is cooperating with the French financial technology industry group to invest 100 million euros, which equals $113 million to support the development of the French blockchain industry and cryptocurrency.
Crypto Sector Could see new Rules from Global Regulators
Although regulators have been slow to make a move on the crypto industry, they could come up with a new global framework of rules within months, an official from the Financial Stability Board said.
Tether becomes First Stablecoin to be Integrated into Algorand 2.0 Blockchain
Tether, a reputable stablecoin provider, has incorporated its U.S. dollar-backed stablecoin USDT into Algorand’s blockchain ecosystem. Tether’s presence on Algorand will facilitate block confirmation in less than four seconds and transaction fees will be a fraction of a cent.
3 Reasons Bitcoin, Ethereum, and Ripple’s XRP Price Will Surge Higher This Week
With Thanksgiving on its way and major central bank announcements incoming, there are three major reasons we expect the BTC, ETH, and XRP price to continue to rally higher.
Goldman Sachs Says Bitcoin Could Beat Gold in Market Shares
As digital assets have become more widely accepted in many economies, Bitcoin is likely to overtake gold in market shares in 2022, Goldman Sachs analyst Zach Pandl said in a research note.
Chainalysis Adds Bitcoin to Balance Sheet as BTC Soars Above $63,000
Blockchain and cryptocurrency data compliance platform Chainalysis has announced it is adding Bitcoin (BTC) to its balance sheet.
Solo Bitcoin Miner Wins Rare Block Reward Worth Over $150,000
A solo Bitcoin miner successfully mined the 780,112th block in the Bitcoin blockchain, earning a block reward of 6.25 BTC worth over $150,000. The miner was able to produce a valid hash after just two days of mining, a rare occurrence that typically takes solo miners months to achieve. The miner may have rented hashing power to produce the output hash, and they used the Solo CK Pool mining service to create a solo mining pool.
Bitcoin Mining Giant Hut 8 Set to Merge with USBTC
Hut 8 Mining Corp. is set to merge with US Bitcoin Corp. to form a major publicly traded Bitcoin miner, focusing on economical mining, diversified revenue, and environmental, social, and governance practices.
Bitcoin, Ethereum and LINK Could Benefit From Trump's TikTok Ban
President Donald Trump has issued an executive order that seeks to ban TikTok from the United States, following the controversy that the Chinese-owned app raises serious security concerns and that it collects personal information on its users.
Webaverse Co-Founder Reveals $4 Million Crypto Hack
Webaverse co-founder Ahad Shams sent a public statement about being hacked for $4 million in a hotel lobby.
The Chainsmokers are Cutting Out Scalpers by Backing Blockchain-Based Ticketing Platform
The Chainsmokers, and their manager Adam Alpert, CEO at Disruptor Records are backing YellowHeart, a new ticketing platform founded by Josh Katz, a music executive.
Crypto Exchange Bitfinex to Stop Serving Ontario Crypto Investors
Cryptocurrency exchange Bitfinex announced that it will be leaving the Ontario market, reminding users to withdraw all their funds before March 1.
Ethereum, Ripple XRP, and Other Altcoins Surge Higher with Bitcoin as It tops $22K
Bitcoin’s rally to its new all-time high is all that crypto traders were anticipating to wrap up the year with a bang.
Aspen Creek Launches First Solar-Powered Bitcoin Mining Facility in Colorado
Aspen Creek said it was formed with a simple premise to develop a sustainable source of renewable energy to power its operations and put renewables back on the grid.
1 Billion Crypto Users Projected by 2030, Study Shows
According to a joint study by Boston Consulting Group (BCG), Bitget and Foresight Ventures, the total number of cryptocurrency users will reach 1 billion by 2030.
How online users are turning to casinos for BTC wins
More and more online users are searching for ways to win big online, and betting with BTC has become the newest trend, read on for more
Chainlink And Pitango’s First Labs Unveil Summit And Hackathon To Boost Web3 Development In Israel
Upcoming Web3 summit and hackathon to enhance Israel’s web3 startup ecosystem by connecting initiatives with mentorship and industry thought leaders.
Trump Administration Agrees to $1.8T Stimulus
Treasury Secretary Steven Mnuchin proposed more than $1.8 trillion on Friday after nearly four months of talks between parties.
Legendary Artist Yoshitaka Amano Partners With Astar Network For His New NFT Collection
Astar Network, a smart contracts platform for multichain, today announces its partnership with the legendary artist Yoshitaka Amano to create and release an exclusive NFT collection on the Astar blockchain. This is the first time Mr. Amano’s fantasy worlds and characters will come to life on a blockchain, where his art can interact with the projects and communities of Astar.
Tesla Sold $272 Million Worth of Bitcoin in Q1 2021
Tesla filed its first quarter earnings, revealing that it has made some profit from the sale of about 10% of its $1.5 billion Bitcoin holdings.
Coinbase to Close Its San Francisco Headquarters in 2022
Coinbase will be moving out of its San Francisco headquarters by 2022.
Ethereum 2.0 Developer Says Phase 0 Most Likely Delayed Until 2021, Vitalik Buterin Disagrees
Justin Drake, an Ethereum Foundation Researcher working on Phase 0 of Ethereum 2.0 said the project will not go live until 2021. The announcement of the delay appeared to confuse Vitalik Buterin who disagreed that the upgrade to the network could not meet its 2020 deadline.
Coinbase Refuses to Mix Politics With Business, Offers Unsatisfied Staff Severance Packages
Coinbase CEO Brian Armstrong has announced a generous severance package to staff who find it difficult to focus on the company’s missions.
Solid Bull Run: Why Ethereum Is Up 50% in 10 Days
Ethereum faced a flash crash on August 1, where it plummeted by approximately $90 from $415 in 5 minutes.
BTC Leaps Over 12% to Six-week High, Analysts Predicts Individual Trades Could Influence on the Bitcoin Market
Bitcoin leaps over 12% to a six-week high on Monday morning in the Hong Kong section, rebounding to $38,643.13 in the past 24 hours. Prior to the latest surge, on-chain metrics provider Santiment believes that individual trades will significantly impact the BTC market based on low daily trading volume.
How can Blockchain Disrupt Web Hosting Ecosystem for Good?
How does blockchain potentially transform the web hosting industry for both providers and end clients better? This op-ed mentions various practical ways in which blockchain's decentralized platform and cryptographic security can improve the web hosting ecosystem
Winklevoss Twins Brief David Portnoy on Bitcoin, BTC Talks Continue
American internet celebrity David Portnoy officially hosted the Winklevoss Twins at his house for a long-due conversation regarding Bitcoin (BTC) and cryptocurrencies.
Blockchain - The Most Important Technology of This Century
Why we all need to talk about Blockchain.
Brazilian City of Porto Alegre Formally Makes Room for Bitcoin Pizza Day
Brazil's City, Porto Alegre has created a public holiday for Bitcoin Pizza Day
Binance CEO Denies Report That Company Is Cutting Ties With US
Binance CEO Changpeng Zhao denied that the business is contemplating leaving the US on Twitter.
Coinbase Looks to List Dogecoin in 2 Months
Amid Coinbase’s rise that has seen its revenue soar to new highs, the company stated that it will list new assets, including Dogecoin.
Polish Crypto Exchange BitMarket Co-Owner Found Dead
According to the local news, Niemiro was found dead in the city of Olsztyn near his residence, it was suggested that Niemiro had committed suicide.
The Crypto Market is Experiencing a Healthy Price Correction Needed Before Surging Higher, says Spartan Group Partner
According to a Spartan Group partner, the present correction in the crypto market is healthy because it will trigger an uptrend.
New Zealand Wealth Management Firm Invests 5% of Its Retirement Funds into Bitcoin
NZ Funds wealth management firm from New Zealand has become the latest company to get into the crypto world.
Coinbase to Release New Fee Schedule
The new fee schedule will adjust tiers, and change the taker and maker fee structure for transaction tiers above $100,000-$1 million.
Breaking: Bitcoin Enters Banking System, El Salvador's Cuscatlan and Agricola Accept it for Loans
El Salvador's Cuscatlan and Agricola banks have announced they will now accept Bitcoin for loan payments, paving the way for Bitcoin to be used directly for credit card debt settlements and loans, potentially setting global banking industry precedents.
Houston Texans Partnered with BitWallet, Becoming First NFL Team to Sell Game Suite with Crypto
Houston Texans of the National Football League (NFL) have selected cryptocurrency platform bitWallet as their exclusive official crypto wallet provider and said the partnership will go into effect.
CoinLoan Announces Temporary Reduction of Withdrawal Limit
Crypto-backed loans provider CoinLoan has temporarily reduced the withdrawal limit for traders. The company said that the move was made due to the current market turmoil.
UK Cryptocurrency Exchanges Adapt to Enhanced Regulatory Standards
The UK is intensifying regulatory standards for crypto exchanges under the Financial Services and Markets Act, aiming for parity with traditional financial services. Exchanges must comply with stringent risk assessments and finance tests, impacting both domestic and offshore entities.
New Zealand Permits Cryptocurrency Remunerations
New Zealand sets the precedent by being one of the first nations to permit salaries to be made in the form of cryptocurrencies.
South Korea Launches “Emergency” Inspection of Crypto Exchanges Following Terra Crash
To boost investor protection following the recent collapse of LUNA and TerraUSD (UST) tokens, financial authorities in South Korea have beefed up crypto exchange inspections.
Riot Blockchain Yearly Bitcoin Production Increases by 236%, Accumulates $194M in BTC
NASDAQ-listed blockchain mining company Riot Blockchain announced the production capacity of BTC in September has increased by about 346% year-on-year to 406 BTC.
Is Bitcoin Eyeing a Strong Movement amid Hodled Coins Hitting a 5-Year High?
Bitcoin might be geared toward a strong movement based on declining historic volatility.
BNY Mellon Joins Marco Polo Trade Finance Consortium
The Bank of New York Mellon, which boasts nearly $2 trillion under management, is the 28th bank to join the Marco Polo trade finance consortium. And according to CoinDesk, the bank is quite eager to go “live:”
Open Loot Announces partnership with Hit Factor’s War Park
OPEN LOOT Ltd (OL) by BIG TIME Studios (LTD) is excited to announce one of our first partners, HIT FACTOR Ltd. (HF), as they unveil their newest game, War Park. War Park is a fast-paced action shooter filled with explosive multiplayer tank combat and is bound to surprise and delight our community. Join Hit Factor’s War Park Discord, where their team will be on hand to answer any questions, chat about the project, and celebrate the launch of their Twitter and community channels!
1inch Network Launches Hardware Wallet Amid Rise of Self-Cust
1inch is the newest hardware wallet supplier for cryptocurrency. The 1inch Hardware Wallet's 2.7-inch E-Ink grayscale touch panel and stainless-steel frame mimic the iPhone 13.
Allegations of fraud against Compass Mining after company cuts ties with Russian
Compass Mining customers are suing for $2 million for fraud. The firm terminated connections with Russian hosting provider Bit River and didn't restore clients' Bitcoin machines. It cut connections with Bit River over non-applicable US sanctions.
Holding onto Bitcoin Long Term is the Way to Go, says Crypto Analyst
Crypto trader Michael van de Poppe believes that holding onto BTC long term is the way to go. Here's why.
CBDC Privacy and Transparency: Double-Edged Sword of Blockchain
Privacy and transparency of CDBC, to enslave us or free us? that's the question.
Bitfury Floats 28MW Bitcoin Mining Farm in Canada
Amsterdam-based Bitcoin mining company, Bitfury, has announced the launch of a new data centre in Sarnia, Ontario.
Binance CEO Officially Announces the Launch of Binance Futures
The CEO of Binance, Changpeng Zhao had announced the official launch of Binance Futures. The announcement which he made open to the general public on September 9 could be seen bold strides in the right direction following the Bakkt's announcement of the Bitcoin futures.
Crypto Assets Surge with Record $2.9B Inflows, Bitcoin Dominates Market
The latest CoinShares report highlights a record-breaking week with $2.9B inflows into digital assets, positioning Bitcoin as the market leader.
Bitcoin Billionaire Tyler Winklevoss Pushes BTC Scarcity as 26% of US Dollars Were Printed in 2020
Bitcoin billionaire Tyler Winklevoss again made the case for Bitcoin over the US dollar, alluding to the crypto’s scarcity and limitless federal money printing.
El Salvador Buys 21 BTC To Mark Special Day
Central American nation El Salvador purchased 21 Bitcoins (BTC) on December 21, 2021, to mark the 21st day of the 21st year of the 21st century.
Mississippi State Senate Passes Bill to Protect Crypto Miners
The Mississippi state senate approved a law to shield the bitcoin mining business from unfair "regulatory hurdles."
Square's Cash App Generated $1.82 Billion of Bitcoin Revenue
The well-known payment giant Square released its third-quarter financial report, showing that the mobile payment application Cash App under Square achieved $1.82 billion in Bitcoin revenue.
Ford Test Drives the Use of Blockchain Technology for Energy Efficient Vehicles
Blockchain technology is currently been utilized by such tech-based companies like Samsung, Facebook, IBM and so on as listed on hackernoon.com, these companies utilize different blockchain platforms but all to further solidify the position of blockchain technology in the tech world.
Ethereum Price is Ready to go Ballistic in Late 2021, says Crypto Analyst
Crypto analyst Michael van de Poppe has disclosed that ETH is doing quite well on the BTC pair and is set for a ballistic price move in late 2021.
Blockchain Devices Market to Grow by $1.285 Billion by 2024
Recent research by MarketsandMarkets shows a CAGR of 42.5% for blockchain devices market by 2024. The study was filtered through their report, “Blockchain Devices Market by Type (Blockchain Smartphones, Crypto Hardware Wallets, Crypto ATMs, POS Devices, & Others), Connectivity (Wired & Wireless), Application (Personal & Corporate), and Geography - Global Forecast to 2024.”
Mayoral Candidate Curtis Sliwa Wants to Make NYC the Most Crypto-Friendly City in U.S.
Mayoral aspirant Sliwa Curtis, who is running a campaign for New York City Mayor, proposes making New York City the most crypto-friendly in the U.S.
Ontario Securities Commission Criticizes Binance for Incomplete Registration
The Ontario Securities Commission (OSC) of Canada stated that Binance has not yet obtained the legal operating qualifications for the province of Ontario.
Cost of Producing Bitcoin Dropped to around $13,000, says JPMorgan
The cost of producing Bitcoin has gone negative as it dropped from about $24,000 at the start of June to around $13,000 currently, according to JPMorgan Chase & Co.
Elon Musk Backs Bitcoin as His “Favourite” Crypto, Dogecoin Becomes First Altcoin to Outrank BTC in Tweet Volume
In the past 24 hours, Dogecoin has exponentially grown on the back of GameStop (GME)’s success, much to the delight of the cryptocurrency community.
US Institutional Bitcoin Demand Has Dried Up, says On-Chain Analyst
On-chain analyst William Clemente III noted that Bitcoin demand by US institutional investors had slowed down.
Long-Term Bitcoin Holders Accumulate Heavily as Daily Active Addresses go Through the Roof
Long-term Bitcoin holders are still confident in the leading cryptocurrency because they accumulated heavily in the recent dip
Coinbase Calls for Judicial Intervention on SEC's Inaction
Coinbase's Chief Legal Officer, Paul Grewal, has filed a formal response with the U.S. Court of Appeals for the Third Circuit, urging a mandamus order to compel the SEC to act on Coinbase’s rulemaking petition within 30 days, highlighting the SEC's prolonged inaction and the pressing need for regulatory clarity surrounding digital assets.
5 of the Best Cryptocurrency Exchanges to Use in 2021
Cryptocurrency exchanges remain the primary gateway to the industry, providing an opportunity to trade and earn a profit. Here are five of the best platforms.
SEC Chair Jay Clayton to Leave the Commission by Year End—Implications for the Future of Crypto
SEC's Jay Clayton is set to leave the commission by year-end after three and a half years in office. What could this mean for the crypto industry?
Bitcoin Plummets as Fed Reserve Chair Jerome Powell Confirms Inflation Strategy Will Not Change
Federal Reserve chairman Jerome Powell has confirmed that the central bank’s monetary strategy regarding inflation will not change.
Flowcarbon Partners with Celo Blockchain to Create Carbon Market Ecosystem
Climate technology company Flowcarbon has partnered with the carbon-negative blockchain Celo Foundation to create a carbon market ecosystem, which enables carbon emission credits to be traded on the Celo network in terms of token.
BTCS Inc Taps Axie Infinity intto its Blockchain Infrastructure Operations
Digital currency ecosystem company BTCS, a pioneer in the blockchain and digital currency ecosystem, announced the addition of blockchain-based game Axie Infinity to its blockchain infrastructure operations.
Top UFC Fighters to Receive Bonuses in Bitcoin During PPV Events
The Ultimate Fighting Championship (UFC), the world’s leading mixed martial arts competition, has teamed up with crypto exchange Crypto.com to offer best-performing fighters bonuses in Bitcoin (BTC).
Crypto Groups Mobilize Support for Grayscale Spot Bitcoin ETF Lawsuit Fight
The groups have faulted SEC’s decision to disapprove applications of spot Bitcoin ETFs, yet the regulator had allowed similar, riskier products to enter the market.
AMC Theatres Accepts Crypto Payments to Purchase Electronic Gift Cards
AMC Theatres, America’s top theater, first launched an electronic gift card that can be purchased with cryptocurrency.
Circle Formally Refutes Allegations of Illicit Financing and Connections to Justin Sun
Circle denies CfA's allegations of illicit financing and Justin Sun ties, emphasizing regulatory compliance and advocating for stronger stablecoin laws, as clarified by Dante Disparte.
Coinbase Legal Chief Requests Revisions to SEC Rulemaking
Coinbase's legal chief has urged the U.S. Securities and Exchange Commission (SEC) to revise its proposed rulemaking on registered investment advisers' responsibilities to store client assets with qualified custodians. Coinbase has criticized the SEC's proposed custody rule, claiming that it unfairly targets crypto assets and fails to safeguard them properly.
Elon Musk Reduced Dogecoin Carbon Emissions By 25%
Dogecoin was the only memecoin to lower its carbon footprint by 25% in 2022, from 1,423 tons to 1,063. DOGE outperformed most crypto assets in the 2022 bear market. It placed third in the top 10 behind XRP and Binance currency. Shiba Inu community builds layer-2 networks, metaverses, and blockchain games.
Is Bitcoin the Best Asset to Hold? Gold Bull Jeffrey Gundlach Calls BTC "The Stimulus Asset"
Jeffery Gundlach, a self-proclaimed gold bull has acknowledged that Bitcoin may be the stimulus asset.
Thai Regulators Make Moves to Tighten Crypto Rules
Regulators in Thailand have introduced tighter rules for digital assets due to trading irregularities and the fall of a top acquisition involving a crypto exchange.
Grayscale Now Owns 2.4% of BTC Circulating Supply
Over the past week, crypto fund management firm Grayscale Investments increased its assets under management by $180 million in the firm’s Bitcoin Trust.
The Reserve Bank of India is Expanding CBDC While Dismissing Privately Issued Stablecoins
The Reserve Bank of India (RBI) is planning to increase the number of Central Bank Digital Currency (CBDC) transactions to one million per day by the end of 2023, according to Deputy Governor T Rabi Sankar.
Mastercard CEO Answers: The Reasons Behind Leaving Facebook’s Libra Association
Mastercard’s CEO, Ajay Banga, stated the reasons behind the company leaving Facebook’s Libra Association in an interview with the Financial Times. Having left the Libra Association in October last year alongside Visa and other firms, the Libra Association has seen eight firms quitting the project.
What Would it Take For a Genuine Crypto Revolution to Occur
Whether you are a fan of cryptocurrencies and digital assets or not, at the very least you can agree that we are on the cusp of what appears to be a blockchain revolution. Cryptocurrencies are undoubtedly the most high profile of the blockchain-based technologies out there, and the ones that stand to do both the most harm and good, and so are deserving of the most attention.
Is Ethereum 2.0 Ready For the Bull Run?
The initial stage of Ethereum 2.0 is set to start in a few months, with many experts arguing that it may be the catalyst for a huge industry bull run. Adam Cochran, a partner at MetaCartel Ventures DAO, released a blog which outlined why he believes Ethereum 2.0 “could prove to be the largest economic shift in society.” So, is Ethereum 2.0 ready for the bull run?
Bitcoin, DeFi Space See Positive Momentums, NFT Market Declines in Q3
A new report by CoinGecko shows that cryptocurrencies generally led by Bitcoin and DeFi saw some positive little movements in Q3.
Ripple CEO Opens Swell Conference, Discussing Current Global Payment Landscape
Ripple CEO Brad Garlinghouse just opened Ripple Swell 2020, which focuses on the current global payment landscape.
John McAfee Indicted for Tax Evasion and for Fraudulently Promoting ICOs Through Twitter
The DOJ is charging John McAfee with tax evasion and failure to file tax returns, according to an unsealed indictment that was revealed yesterday.
Fed’s Interest Rate Hikes Attributed to Primary Catalyst of Crypto Bear Market
The decision by the federal reserve (Fed) to continuously hike interest rates to tame runaway inflation has been detrimental to the crypto market as bears continue to bite.
Luxury Fashion Brand Gucci Now Accepts Payment in ApeCoin
Italian fashion brand Gucci has announced that it has started accepting ApeCoin (APE) as one of the payment options for individuals who wish to buy its products
Bitcoin Price Set to Surge in 2021 as US Dollar Expected to Fall 20% Even with Vaccine Rollout
The US dollar acted as a safe haven for investors, during the coronavirus pandemic; analysts believe that the rollout of a vaccine could change the market.
German Sparkasse-Savings Banks to Launch Bitcoin and Ethereum Services
A group of about 370 savings banks in Germany, collectively known as Sparkasse, are working on plans to launch services bothering around Bitcoin (BTC) and Ethereum (ETH) as early as the coming year 2022.
Bitcoin Mining Might Become More Easier and Lucrative Following China’s Crackdown
While Chinese authorities were intensifying the Bitcoin (BTC) mining crackdown, some crypto experts believe this might be a blessing in disguise to this sector.
El Salvador's Chivo Wallet Welcomes 2.1M Users in 3 Weeks
El Salvador's President Nayib Bukele said as many as 2.1 million users are now actively using the Chivo wallet.
Bitcoin Needs to Push Above $40,000 for Bulls to Construct Confidence
Chris Weston, the head of research at Pepperstone Financial Pty, believes that Bitcoin ought to trade above the top of the present range of $40k for bulls to feel that they are out of vulnerability.
Footballer De Bruyne Becomes Crypto Exchange Phemex Brand Ambassador
Belgian professional footballer Kevin De Bruyne has been appointed as a brand ambassador for Singapore-based cryptocurrency platform Phemex.
China’s Central Bank Digital Currency Research Unit Signs Deal with Huawei
The Chinese central bank, People’s Bank of China’s (PBoC) Digital Currency Research Institute has signed an agreement with multinational telecommunications giant Huawei.
Rio de Janeiro Plans to become "Crypto Rio" by Storing Part of its Reserves in Bitcoin
Following in the footsteps of Miami, Brazilian city Rio de Janeiro plans to enter the crypto space by having 1% of its reserves in Bitcoin.
VanEck, SolidX to Sell ‘Limited’ Bitcoin ETF to Institutions
VanEck and Solid X revealed that they have a workaround to bypass regulatory issues and are using an SEC exemption that will allow their product to be offered to institutions such as hedge funds and banks, but not to retail investors.
ARK Investment Launches Its First Crypto Managed Account for RIAs
Independent managed account provider Eaglebrook Advisors has announced a partnership with Ark Invest to develop the ARK Cryptocurrency Strategy and ARK Crypto Asset Strategy.
Bitcoin Sell-Off Incoming: Bitcoin Whales Return to Major Crypto Exchanges
CryptoQuant Alerts warns that Bitcoin whales are moving huge quantities of BTC onto major crypto exchanges indicating a huge sell-off could be imminent.
IMF Prioritizes Regulation over Ban on Crypto
The International Monetary Fund (IMF) supports regulating digital money and prioritizes differentiating between central bank digital currencies and crypto assets, such as stablecoins. The IMF's Managing Director, Kristalina Georgieva, clarified that the nuclear option to ban cryptocurrencies remains on the table, but the agency would prefer to pursue good regulations, predictability, and consumer protection.
Valkyrie Starts Trading Bitcoin Futures ETF on the Nasdaq Stock Exchange
Valkyrie becomes the second investment firm to begin trading its Bitcoin Futures ETF on the public market. ProShares was the first.
Crypto Remain the Most Popular Investment Assets Compared to Gold in Australia: Survey
A recent survey from BTC Markets exchange has revealed that the embrace of crypto like Bitcoin is largely more popular than precious metals such as Gold.
The X.LA Metaverse Revealed In Detail
X.LA Foundation executive Aleksey Savchenko has revealed details of the eagerly anticipated X.LA Metaverse. Before an expectant crowd at Gamescom in Cologne, Germany, Savchenko promised an immersive experience, delineating a vision backed by technology that will shape the way people interact well into the next century.
Crypto Exchange Huobi Receives Virtual-asset License in Dubai
Cryptocurrency exchange Huobi has received provisional approval from the Dubai Virtual Assets Regulatory Authority (VARA), joining other competitors to expand footprints in the gulf nation.
Gold Prices Rally Higher While Bitcoin Fails to Reach $11,000, What’s Next for BTC?
While gold prices have recorded an all-time high this year, surpassing $2,000 per ounce, prices have dipped again lately.
Publicly-Traded Bitcoin Miners’ Accumulation Goes a Notch Higher
As Bitcoin (BTC) surpassed the $55K level for the first time since May, publicly-traded miners have been cashing in as they have been in an accumulation stage.
Former Coinbase Product Manager Sentenced to Prison for Insider Trading Scheme
Ishan Wahi, a former product manager at Coinbase, has been sentenced to two years in prison for his role in an insider trading scheme that involved using confidential information obtained during his time at Coinbase. Wahi, along with his brother and an associate, allegedly used the information to profit off new token listings, totaling up to $1.5 million.
Morgan Stanley in Talks to Acquire Multi-Million Dollar Stake in Bithumb Crypto Exchange
Morgan Stanley is reportedly in talks with Bithumb South Korea-based crypto exchange to acquire a multi-million-dollar stake in the exchange.
Belarus President Alexandra Lukashenko Urges His Citizens to Embrace Bitcoin Mining
The president of Belarus, Alexandra Lukashenko, is urging his citizens to take advantage of cheap electricity in the country to do crypto mining instead of seeking jobs abroad.
Binance Acquired CoinMarketCap: A Huge Boost to the Binance "Super Exchange" Ecosystem
Binance, one of the largest digital asset exchanges in terms of trading volume and users, has officially announced the acquisition of CoinMarketCap for an undisclosed fee. According to the press release shared with Blockchain.News, the acquisition creates synergies for both companies in boosting cryptoassets adoption to global users.
Department of Homeland Security (DHS) Trials Blockchain Solution for Canadian Borders
Department of Homeland Security (DHS) trials Blockchain solution for Canadian borders - Works with Customs Direct, a partner with blockchain expert Morpheus.Network, to fast track multiple Proof of Concepts (POCs).
It’s the Age of the Micro Investor and this is Good for Bitcoin – SkyBridge Capital Founder Scaramucci
Anthony Scaramucci believes that it is the age of retail traders, as they have triggered bull runs in stocks like GameStop and this is positive for Bitcoin.
#BitcoinTuesday: It’s Giving Tuesday for Cryptocurrencies
The Giving Block has launched the world’s largest cryptocurrency fundraising platform to coincide with Giving Tuesday (December 3, 2019), where the platform will co-promote with influencers, sponsors and partners, the top nonprofits accepting cryptocurrency donations for “Bitcoin Tuesda
Honduras Breaks Ground by Officially Recognizing Bitcoin in Economic Transactions
Próspera ZEDE, a Honduran special economic zone, officially adopts Bitcoin as a unit of account, signaling a shift towards enhanced financial autonomy and the progressive integration of cryptocurrency in mainstream finance.
Multiple Hosting Site Power Cuts Plunges Bit Digital Mining Hashrate by 46.8%
Bit Digital Inc, one of the publicly listed cryptocurrency mining companies in the United States has announced a major halt in its operations at some of its third-party hosting sites
Bitcoin Price Crashed $850 After Biden was Confirmed as the US President-Elect, but BTC Still Set to Rally
Biden has become the new president of the United States, winning over the electoral votes in Georgia and Pennsylvania. How will Bitcoin's price respond?
Nine Bitcoin Twitter Accounts That Deserve Your Attention
Nine Bitcoin Twitter accounts that deserve to be followed.
May 13: ALT Coins Give You Wings
Trade Strategy: Similar to yesterday. I've closed my long volatility trades, and will start to sell some volatility here and whenever it spikes. While implied volatility has sharply declined from 100% to 80% since Sunday, the longer-term average before the 12 March crash is around 55-60% so there's still juice to be short vol.
Lamborghini To Drop World Tour Limited Edition Themed NFT
Luxury automobile brand, Lamborghini is set to launch limited edition World Tour NFTs later this month
Digital Week Online - a Global event connecting innovation World from Asia to US!
COVID19 has brought us many challenges, lock downs, self-isolation, and a looming financial crisis. We have all had to adapt while maintaining some semblance of our previous routines. However, as countries start to emerge from lockdowns and restrictions are relaxed, opportunities are developing.
Canada's Alberta Sees Growth in Crypto Sector
Alberta, Canada’s most oil-rich province, is seeing growth in the crypto industry to diversify its economy.
BLOCKCHAIN AFRICA CONFERENCE INVITES INDUSTRY TRAILBLAZERS
Place your brand at the epicentre of African blockchain technology and AI by showcasing your brand through speaking, sponsoring and exhibiting opportunities at the Blockchain Africa Conference 2020. We attract 600+ key stakeholders and media across the African and global blockchain ecosystem, creating the ideal opportunity to communicate your brand, products and services.
The top Mt. Gox creditor chose to have an early payout in BTC
Mt. Gox creditors may be paid more, but it may take nine years to finalize the bankruptcy procedure.
Core Scientific Records $862m Loss in Q2, follows by 10 % Workforce Laid off
Core Scientific announced its second quarter 2022 update and said it was laying off 10% of its workforce as it reported an $862 million quarterly loss due to impairments such as goodwill and digital assets.
Ethereum Miners Revenue Percentage Reaches Monthly Low
The percentage of miner revenue from fees on the ETH network reached a monthly low of 36.145%.
Kazakhstan Blocks Coinbase, Citing Digital Asset Law
Kazakhstan's Ministry of Culture and Information has blocked Coinbase due to legal conflicts with digital asset regulations, revisiting previous restrictions on other financial platforms.
Coinbase Records Impressive Growth in Q2 Revenue, Earning 2.23B and Exceeding Analysts’ Expectations
Despite a volatile second-quarter period, Coinbase saw revenue increase in its cryptocurrency business, earning $2.23 billion in revenue.
JICWEBS Blockchain Pilot Project Attracts Four Media Gurus
JICWEBS blockchain pilot project is touted to be a gamechanger in digital advertising as it will optimize transparency, productivity, and trust. This aspect has, therefore, made four media agencies, namely Havas, OMG, Zenith, and Mindshare, to join this initiative.
Yearn.Finance (YFI) Price Rebounds with a Massive Rally as Selling Pressure Eased
Yearn.finance (YFI) managed to find a critical support level that allowed it to rally higher, which moved in tandem with large-cap cryptos.
Russia’s Central Bank Will Ban Crypto Issuance and Trading in Upcoming “Digital Financial Assets” Bill
Alexey Guznov, head of the legal department at Bank of Russia, says that the new version of the delayed bill on “Digital Financial Assets” will include a ban on issuance and selling of cryptos in the country.
Terra’s Most Anticipated Game, Derby Stars, Migrates to Polygon To Leverage Robust GameFi Ecosystem
Derby Stars, a AAA play-to-earn game centered on horse racing, is migrating to the Polygon Network, moving away from original plans to deploy on Terra.
Bitcoin’s Price Boom is Artificially Inflated, says Peter Schiff
Peter Schiff claims that the current rise in bitcoin prices is due to market manipulation.
Bitcoin Spot Exchange Reserves Dropped by 12,500 BTC in the Past 2 Weeks, Suggesting the Dip is Being Bought
Bitcoin Spot Exchange Reserves were down by 12,500 BTC in the past 2 weeks as price fell by 25%.
BNPL Payment Firm Afterpay Urges Senate to Support AUD-backed Stablecoins for Cutting Merchant Cost
The BNPL payment company Afterpay expressed their intention to the Australian Senate to launch the Australian dollar stablecoin soon, saying that crypto will help merchants reduce related payments.
Coinbase to Support Ethereum 2.0 Trading and Staking Rewards in 2021, ETH Recovers From Bull Run
Coinbase digital currency exchange voiced its support for Ethereum 2.0, the blockchain upgrade that launched at 12 pm UTC yesterday.
Square Considering to Build Bitcoin Mining System: Jack Dorsey
Square Inc has more ambitions with Bitcoin cryptocurrency. Jack Dorsey, Square CEO, has revealed that the payment firm is intending to build a Bitcoin mining system.
Coinbase Suspends Trading for $MULTI, $VGX, $OOKI, DDX, JUP, BOND
Coinbase has suspended trading for six cryptocurrencies, BarnBridge, DerivaDAO, Jupiter, Multichain, Ooki, and Voyager, due to recent reviews. Users can still withdraw funds, but the delisting is expected to trigger a downtrend, highlighting regulatory compliance challenges.
Dogecoin Becomes the First Cryptocurrency to Enter Space amid "DOGE-1 Moon Landing Mission"
On May 9, Geometric Energy Corporation (GEC), a logistics firm headquartered in Canada, officially announced the "DOGE-1 Moon Landing Mission."
Tokyo District Court Ordered Japan’s First Bitcoin Seizure
The Tokyo District Court has set a legal precedent for the cryptocurrency industry in Japan, by issuing the first Bitcoin seizure.
Crypto Exchanges Not in Violation of Securities Laws by Listing XRP, Implies SEC Lawyer
The discovery hearing between the Securities and Exchange Commission and Ripple Labs may have tipped the scale in the latter’s favour.
Coinbase CEO Compares SEC to Soccer Refs in Criticism of Lack of Clarity Around Crypto Regulation
Coinbase CEO, Brian Armstrong, compared the SEC to “soccer refs” in a game of pickleball, criticizing the regulator for their lack of clarity around crypto regulation. The comments came after Coinbase revealed they had been issued a Wells notice, which typically precedes an enforcement action. The crypto community has widely condemned the recent notice, with many agreeing that the SEC has reversed its earlier position regarding Coinbase.
Israeli Pension Firm Generates Huge Profit from $100 Million Investment in Bitcoin
Altshuler Shaham, the biggest pension company in Israel, has announced that it invested $100 million in Bitcoin at the end of December last year- With Bitcoin's appreciation, the investment has grown and become $200 million.
CoinShares Acquires Napoleon Asset Management, Expanding into EU Markets
The deal underscores interesting points about CoinShares. The digital asset firm has bought its rival based in France to double down on European Union expansion.
Why is chainlink so important, and What will Chainlink be worth by 2022?
There is various kind of cryptocurrency which is growing day by day in a very vast manner. The best thing about cryptocurrencies is they are very much helpful, and one person can get a huge amount of return if they invest wisely in cryptocurrencies. Most people love to invest in cryptocurrency just because of the amount of return they get. For example, Bitcoin is common to be one of the best examples of showing what drastic change a cryptocurrency can get in the market.
Major Korean Exchanges Delisting Litecoin Subject to New Privacy Feature Concerns
Five major South Korean crypto exchanges issued investors’ advisories concerning Litecoin. These exchanges said they are committed to preventing money laundering and crime through technology.
Largest Weekly Inflows in Digital Assets in Over a Year, Led by Bitcoin
In a significant shift of sentiment, digital asset investment products experienced their largest single weekly inflows since July 2022, totaling a substantial $199 million, according to CoinShares report. This surge effectively corrected almost half of the prior nine consecutive weeks of outflows, signaling renewed investor confidence in the market.
Mining Capital Coin CEO Indicted for Masterminding $62M Crypto Ponzi Scheme
Mining Capital Coin CEO Luiz Capuci Jr is indicted Friday for orchestrating a scam that defrauded investors around the world of about $62 million, according to the U.S. Department of Justice
How to Capitalize Trillions in Tokenized Real Estate with Blockchain and PropTech
Real estate tokenization insights and Proptech investment landscape by Blockchain.News, Asia Proptech Association, HKBIA and Coinstreet Partners.
Top Four South Korean Banks Announce Plans to Provide Cryptocurrency Custodial Services
Two of South Korea’s top banks have recently announced that they were looking into providing cryptocurrency custodial services to their clients.
Coinbase User Sues IRS for Illegal Seizure of Crypto Records
James Harper, a Bitcoin researcher, is suing the IRS, its commissioner, and nearly a dozen of its agents for violating his Fourth and Fifth Amendment rights—his right to privacy and right to due process—with their infamous Letter 6137 in July last year.
Bitcoin Creates a new ATH of $69K
The price of Bitcoin once again hit a new high of $69,000 at UTC time following Ether hitting $4,868 earlier today.
More Money has Flowed into Ethereum than Bitcoin in 2021
Ethereum has emerged as the victor because more money has trickled into its network than Bitcoin in 2021 based on the market capitalization metrics.
Sky Mavis Promises to Compensate Lost Users for Ronin Hack
After hacking $625 million capital from the Ronin blockchain, the Singapore-based game studio Sky Mavis pledges to compensate users.
Samsung Silently Adds Bitcoin Support for Blockchain Phones
Samsung recently added Bitcoin to the Blockchain Keystore, on the blockchain-enabled smartphones. Samsung’s Galaxy S10 range launched in March with the “Blockchain Keystore” feature offering the storage of cryptocurrencies and transactions for Ether and ERC-20 tokens.
CoinShares to Launch Algorithmic Trading Platform for Retail Traders
CoinShares' new platform HAL will provide retail traders access to a range of algorithmic trading strategies for $20 per month.
Bitcoin Slips to $34.5K, Are Short-Term Holders Behind the Selling Pressure?
Bitcoin has been downtrending since May 5, and liquidation in the market continues over the weekend.
US SEC Approves Volt Equity’s ETF, Allowing Investors to Gain Exposure to Bitcoin
US investors seeking diversification to the cryptocurrency market will be able to buy the Volt Equity’s ETF that offers exposures to public companies holding Bitcoin.
UK Financial Conduct Authority: We Will Not Regulate Bitcoin and Ether
The British Financial Conduct Authority (FCA) has confirmed that they will not be regulating cryptocurrencies such as Bitcoin and Ether as it falls out of their perimeter.
Tether Advances Global Blockchain Ambitions with Uzbekistan Partnership
Tether partners with Uzbekistan's NAPP to develop blockchain and peer-to-peer telecommunication, aiming to fuel innovation and economic growth.
Nearly 100% of Bitcoin Supply Slides Back to Profitability Amid an awaiting Greenlight to ETF Approval
99.02% of all BTC supply is now in profit.
European Hedge Fund Firm Plans to Buy $84 Million Worth of Cryptocurrencies
The European hedge fund management company is set to start investing in cryptocurrencies.
Fireblocks Strengthens Support for Banking & Financial Institutions
Fireblocks, a leading enterprise platform for managing digital asset operations and fostering blockchain-based innovations, has announced the expansion of its secure MPC-CMP wallet and key management technology.
ETH Blockchain DeFi Company Partners with The Glimpse Group to Mint 3D AR-based NFTs
The ETH blockchain DeFi company, The Commission, has established a partnership with The Glimpse Group, virtual reality and augmented reality platform company, to create an AR-based gold-plated NFT project.
The Resilience of the US Dollar in Global Finance: Insights from Fed Governor Waller
Federal Reserve Governor Christopher J. Waller defended the US dollar's global economic dominance, emphasizing its role as a physical currency, financial asset, and preferred unit of account.
New Money Theory: Understanding the Fundamental Internal and External Factors of Money
Money has always had a fundamental influence on the development of the world and society's values. Money is a major incentive for our economic society. Everybody knows the importance of money, but how money is created and achieves its value still remains a mystery for most people.
Deutsche Bank Survey Places Bitcoin, Tesla, and US Tech Stocks as The Biggest Market Bubbles
Many investors seem to think that the current financial market is caught in bubble territory, with Bitcoin, Tesla, and tech stocks leading the pack.
Ethereum Layer 2 Startup Optimism Raises $150m in Series B Round
Ethereum scaling startup Optimism has secured a $150 million Series B round co-led by Andreessen Horowitz and Paradigm.
Bank of Lithuania Launches First Blockchain-Based Digital Collector's Coin As Test for CBDC
The Bank of Lithuania has launched the first central bank-produced digital collectors coin dubbed “LBCOINS” as part of its trial of blockchain technology and testing in its development of central bank digital currencies.
OCC’s Brian Brooks Proposes ‘Country Coin’ Crypto Scheme to Close Global Wealth Gap
Brian Brooks, the acting Comptroller of the Currency, has a big crypto proposal to close the wealth gap between developing and developed nations - it's called “country coin.”
Binance Coin Unseats Tether to Become The Third-Largest Crypto As it Soars To a New All-Time High
Binance Coin (BNB), the native cryptocurrency of the Binance exchange, has just unseated Tether (USDT) as the third-largest crypto by market cap.
Charles Hoskinson to Airdrop Kanye Coin and Pierce Coin to Demonstrate Cardano’s Multi-Asset Standard
With just one more day to go with the availability of participants being able to interact with the Shelley mainnet launched on June, 30; Charles Hoskinson, the founder, and CEO of Input Output (IOHK), the blockchain engineering firm behind the Cardano blockchain, took it to his “Ask me anything” (AMA) session on Youtube, addressing the recent news on the US Presidential candidates, Kanye West and Brock Pierce.
Binance Coin (BNB) and Monero (XMR) Price Analysis - March 11,2021
BNB may continue to rise and break through the resistance level of $300. As for XMR, the short sides are still dominating the market.
XRP, Binance Coin, Dogecoin, and USD Coin Added to Pornhub’s Crypto Payment Options, Will This Pump XRP?
Pornhub has added new cryptocurrency options to its list of accepted payments, while removing other ones.