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Adding Staking Services for Seven Different Crypto Assets on Binance US

November 9, 2022

  Adding Staking Services for Seven Different Crypto Assets on Binance US Seven digital currencies are currently available with annual percentage yields (APYs) up to 18%, according to Binance US, which is now providing crypto staking services. Proof-of-stake (PoS) cryptocurrencies like Binance Coin, Solana, Avalanche, LivePeer, Graph, Cosmos, and Audius allow users to earn yields. […]

Do Kwon accused of siphoning $8M a month from failed Terra project

November 9, 2022

Do Kwon accused of siphoning $8M a month from failed Terra project? @WatcherGuru claimed Terra staff told Securities and Exchange Commission (SEC) investigators that Do Kwon had been withdrawing $80 million a month before the LUNA/UST crash. A month has passed since UST lost its dollar peg, resulting in the loss of $60 billion. During […]

According to Deloitte, 75% of merchants expect to accept cryptocurrency payments over the next 24 months.

November 8, 2022

  According to Deloitte, 75% of merchants expect to accept cryptocurrency payments over the next 24 months. The main motivations for wanting to use crypto payments were to improve customer experience, grow their client base, and have their brand be seen as “cutting edge.” According to a new Deloitte poll, three-quarters of US merchants aim […]

The entire Bitcoin downtrend is due to macroeconomic pressures in the United States.

November 8, 2022

  The entire Bitcoin downtrend is due to macroeconomic pressures in the United States. Since the fall in December 2021, there have been many sell-off patterns in bitcoin. The drop in prices of the digital asset over the previous several months has been attributed to these sell-offs. Naturally, sell-off patterns may be measured in terms […]

Madison Cawthorn’s crypto promotion is being investigated by the US House Ethics Committee for possible insider trading

November 5, 2022

Madison Cawthorn’s crypto promotion is being investigated by the US House Ethics Committee for possible insider trading The House Ethics Committee said on May 23 that it is investigating North Carolina Representative Madison Cawthorn for the illegal promotion of cryptocurrencies. The investigation is looking at whether Cawthorn marketed a cryptocurrency in which he had an […]

The number of crypto funds under management has dropped to its lowest level since July 2021

November 4, 2022

The number of crypto funds under management has dropped to its lowest level since July 2021 Last week, outflow s from digital asset investment products, bringing their total assets under management (AUM) to $38 billion, the lowest level since July 2021. Bitcoin (BTC) was the major focus of withdrawals for the week, according to the […]

Inflows to Bitcoin and Ethereum Exchanges Suggest Sell-Offs Aren’t Over

November 4, 2022

Inflows to Bitcoin and Ethereum Exchanges Suggest Sell-Offs Aren’t Over The UST crisis spurred a wave of market sell-offs, with Bitcoin and Ethereum at the forefront. Sellers have continued to dominate the market since then, and even though buyers have made major movements, it remains a seller’s market. With the start of the new week, […]

Following the Terra Meltdown, South Korean authorities are looking to scrutinize exchanges more closely

November 3, 2022

Following the Terra Meltdown, South Korean authorities are looking to scrutinize exchanges more closely According to The Korea Times, South Korea’s financial regulators are considering enacting legislation to subject crypto exchanges to tighter scrutiny in the aftermath of Terra’s demise.  The National Assembly emergency seminar this week focused on cryptocurrency. The Terra stablecoin UST and […]

As the crypto fear index drops to a two-year low, market sentiment is dangerously negative

November 3, 2022

As the crypto fear index drops to a two-year low, market sentiment is dangerously negative The bearish feeling in the cryptocurrency market has returned. Since the Terra crisis began and investors hurried to get out of the market, this has been brewing. As a result of this, and concerns that the market is about to […]

Until the end of 2023, Thailand exempts cryptocurrency transfers from VAT

November 3, 2022

Until the end of 2023, Thailand exempts cryptocurrency transfers from VAT Thailand’s government has legally provided a VAT exemption for cryptocurrency transfers made through government-approved exchanges. The tax discount will apply to digital money issued by the Bank of Thailand until the end of next year. In Thailand, investors who move cryptocurrencies and digital tokens […]

New LUNA tokens are being listed on exchanges as an early sign of support for Terra’s rebirth

November 3, 2022

New LUNA tokens are being listed on exchanges as an early sign of support for Terra’s rebirth The halted Terra Classic network is likely to resurface as Terra 2.0, and HitBTC aims to launch Terra’s brand new coin LUNA on May 27. The inclusion of Terra’s fresh new currency, also known as LUNA, on crypto […]

NFTs are classified as financial assets in Hong Kong, which also requires licencing.

November 2, 2022

NFTs are classified as financial assets in Hong Kong, which also requires licencing. In a recent advising paper, Hong Kong’s Securities and Futures Commission (SFC) acknowledged NFTs as “collective investment schemes” as opposed to collectibles. NFTs now fall under the SFC’s purview as a result of the recognition. The regulator views NFTs as extremely risky […]

Ethiopian Central Bank Requests Citizens to Stop Using Cryptocurrencies

November 2, 2022

Ethiopian Central Bank Requests Citizens to Stop Using Cryptocurrencies Ethiopian Central Bank Requests Citizens to Stop Using Cryptocurrencies. The National Bank of Ethiopia (NBE) has said that it does not accept cryptocurrency as a valid form of payment and that citizens should refrain from doing so. The bank maintains that the local birr is the […]

Solana To Support DeFi, NFT, And GameFi In South Korea With A $100M Fund

November 2, 2022

  Solana To Support DeFi, NFT, And GameFi In South Korea With A $100M Fund Solana (SOL) has created a $100Million fund to support cryptocurrency projects in the country. The main sectors to benefit from the fund are DeFi, gaming, and Non-fungible tokens (NFTs). Also, the fund is to support some projects built on the […]

Binance and TripleA collaborate on a cryptocurrency payment method

November 1, 2022

Binance and TripleA collaborate on a cryptocurrency payment method For its new universal crypto payment gateway for its Binance Pay payment function on its mobile applications, Binance has picked the cryptocurrency payment processor TripleA. A press release on June 10 stated that the new cooperation would be crucial in assisting with the expansion of Binance […]

Blockchain Company Edge Introduces a Private Crypto Mastercard

November 1, 2022

  Blockchain Company Edge Introduces a Private Crypto Mastercard A private cryptocurrency Mastercard that doesn’t require KYC information and doesn’t charge transaction fees has been launched, according to the San Diego-based cryptocurrency company Edge. Privacy advocates should rest easy knowing that the Edge Mastercard has “no name or address linked with it,” according to the […]

In Japan, Mars4 Metaverse is Selling Well

November 1, 2022

  In Japan, Mars4 Metaverse is Selling Well The market for cryptocurrencies isn’t moving. Investors are wary and circumspect while making investments. However, some attempts succeed even in these conditions: The play-to-earn initiative Mars4 has experienced an increase in NFT revenues. Mars4 is expanding as a result of planned releases (such a game demo) and […]

A Nigerian court sentences a cryptocurrency fraudster to one year in prison with the possibility of a fine.

November 1, 2022

  A Nigerian court sentences a cryptocurrency fraudster to one year in prison with the possibility of a fine. An individual accused of defrauding an unwary cryptocurrency investor has been found guilty and given a one-year prison sentence by a Nigerian court. The prosecution said in its charge sheet that the guy should face appropriate […]

Bitcoin of America increases ATMs across the U.S. by more than 30%

November 1, 2022

Bitcoin of America increases ATMs across the U.S. by more than 30% Virtual currency exchange company Bitcoin of America has increased its number of ATMs by more than 30% since May. Bitcoin of America had nearly 1,800 Bitcoin ATMs in March. In two months, this number increased to more than 2,500 BTMs in more than […]

Stablecoins and Defi need to be regulated immediately, and the ECB won’t rule out a ban on bitcoin mining.

October 31, 2022

  Stablecoins and Defi need to be regulated immediately, and the ECB won’t rule out a ban on bitcoin mining. A new European Central Bank (ECB) report, called “a deep dive into crypto financial risks,” calls for “proper” regulation and oversight of stable currencies and decentralized finance (challenge). It also addresses the hot topic of […]

Russian Blockchain as SWIFT Replacement to Prevent Bank and Nation Disconnection

October 31, 2022

Russian Blockchain as SWIFT Replacement to Prevent Bank and Nation Disconnection A Russian university is ready to test a blockchain-based equivalent to SWIFT, the global payment messaging network that has been shut down by Russian banks under Western sanctions. The developers say their system does not allow the disconnection of countries and banks. Russian developers […]

NFT Auction of Eurovision Winners Raises $900,000 for Charity

October 30, 2022

NFT Auction of Eurovision Winners Raises $900,000 for Charity The Eurovision Song Contest champions Kalush Orchestra successfully auctioned off an NFT to benefit charity. The auction, which garnered $900,000 in cryptocurrency for Ukraine, was held on MetaHistory, the official charitable NFT museum of Ukraine. WhiteBIT, the biggest cryptocurrency exchange in Europe and a Ukrainian company, […]

Bitcoin narrowly avoids a record-breaking 10 weeks of losses

October 30, 2022

Bitcoin narrowly avoids a record-breaking 10 weeks of losses Bitcoin’s June 5 close price of $29,997, just above the $29,422 threshold needed to be in the green, ended a record 9-week pattern of finishing in the negative. In the last day, the price of Bitcoin increased by 5%, rising from $29,984 to $31,600 at the […]

TrueFi joins Optimism, bringing on-chain credit to more people.

October 30, 2022

  TrueFi joins Optimism, bringing on-chain credit to more people. Protocol for unsecured lending TrueFi is the newest project to debut on Optimism, Ethereum’s popular layer-2 scaling solution, which is expected to increase demand from non-institutional lenders. TrueFi’s lender community will benefit from a speedier and less expensive user experience, as well as exposure to […]

A Look Inside MicroStrategy’s $2.4 Billion Bitcoin Purchase Loan

October 30, 2022

  A Look Inside MicroStrategy’s $2.4 Billion Bitcoin Purchase Loan With its multiple substantial purchases, software firm MicroStrategy has secured its place as a key Bitcoin player. The firm, which is worth $1 billion, placed a large amount of its own money into buying bitcoin, but the rest of the money came from loans. Convertible […]

UNITBOX: Introducing Collateral-free NFT Renting and First Rent-to-Earn Tool

October 29, 2022

  UNITBOX: Introducing Collateral-free NFT Renting and First Rent-to-Earn Tool With the total value locked in GameFi crossing $28 billion, game development giants the likes of Electronic Arts and Ubisoft are exploring the Play-To-Earn (P2E) space. Originally perceived solely as entertainment, today gaming has transformed into a means of making a substantial profit. It’s now […]

A retirement service provider has filed a lawsuit against the US Labor Department on its bitcoin guidelines.

October 29, 2022

  A retirement service provider has filed a lawsuit against the US Labor Department on its bitcoin guidelines. A retirement savings service provider, ForUsAll, is suing the U.S. Department of Labor over recent guidance issued to fund managers and companies that offer 401(k) holders the option to invest in crypto-assets, The Wall Street Journal reported. […]

According to the CBDC Tracker, 105 countries are investigating central bank digital currencies.

October 28, 2022

  According to the CBDC Tracker, 105 countries are investigating central bank digital currencies. 105 nations are now investigating central bank digital currencies (CBDCs). 50 of them are in an advanced stage of investigating digital currencies (development, pilot, or launch). The Central Bank Digital Currency (CBDC) Tracker has received a significant update from the Geoeconomic […]

Regulatory Sandbox Participation by Crypto Firms Is Welcome, According to the Central Bank of Uganda

October 28, 2022

Regulatory Sandbox Participation by Crypto Firms Is Welcome, According to the Central Bank of Uganda It has been suggested by the Bank of Uganda (BOU) that it is amenable to the notion of crypto companies taking part in the regulatory sandbox. Following discussions with a delegation from the Blockchain Association of Uganda, the central bank […]

What does it indicate when bitcoin miners sell during the recession?

October 28, 2022

  What does it indicate when bitcoin miners sell during the recession? Bitcoin miners are liquidating their assets in the face of tightening budgets and sluggish growth in the cryptocurrency sector. Lark Davies, a crypto YouTuber, said that this has been occurring since the beginning of the cryptocurrency meltdown. Typically, miners keep their tokens until […]

Do Kwon dissolved Terraform Labs Korea just days before the LUNA accident

October 27, 2022

Do Kwon dissolved Terraform Labs Korea just days before the LUNA accident. A stunning locating of felony files may shed mild at the reason for the famed LUNA and UST pricing drops. The dramatic tale of the Terra (LUNA) crash — dubbed the “Lehman Brothers of crypto” with the aid of using some — has […]

Cardano (ADA) Struggles At $0.524; Bullish Trend Is On The Way

October 27, 2022

  Cardano (ADA) Struggles At $0.524; Bullish Trend Is On The Way Cardano (ADA) prices suggest that bulls are attempting to take control of the market in order to reverse the negative trend. ADA prices have been hovering around $0.5, with rejection at $0.628. Furthermore, the market has suffered a significant price decrease of 7% […]

Lagarde and Panetta from the ECB believe that cryptocurrency is not the most efficient form of payment.

October 27, 2022

Lagarde and Panetta from the ECB believe that cryptocurrency is not the most efficient form of payment. Senior officials of the European Central Bank have noted in a new document on the development of the digital euro that unsecured digital currencies are not effective means of payment and stable currencies are vulnerable to coercion. Leaders […]

UK legislators approve the use of cryptocurrencies as regulated financial instruments.

October 25, 2022

British lawmakers have voted in the House of Commons to recognize cryptocurrencies as regulated financial instruments in the country. The motion, introduced by representative Andrew Griffiths, was approved by the House of Commons after its second reading on 25 October. The Griffith move seeks to include crypto assets in services regulated by the Financial Services […]

Although there is still pressure on bitcoin miners to sell, falling production costs offer relief.

October 25, 2022

  Although there is still pressure on bitcoin miners to sell, falling production costs offer relief. The recent decline, along with countless other factors, has put pressure on Bitcoin mining companies. According to Politico, miners have had to contend with rising interest rates, rising energy costs and falling prices, which means lower demand and shrinking […]

After bankruptcy filing, Celsius Network’s token CEL falls by 58 percent, and the purported “short squeeze” fails.

October 25, 2022

After bankruptcy filing, Celsius Network’s token CEL falls by 58 percent, and the purported “short squeeze” fails. In the last 30 days, Celsius Network’s native CEL token has gained more than 140% against the U.S. dollar. On July 13, shortly before the creditor filed for Chapter 11 bankruptcy, CEL traded at $ 0.961 per unit. […]

Polkadot is Making Progress as New Parachains Join the Party 

October 23, 2022

Polkadot, the sleeping giant of the crypto sphere, has just completed its most profitable quarter to date. While the industry has focused on the prevailing massacre in its lending and venture capital sectors, Polkadot’s developers have quietly sent hundreds of forkless upgrades to their platform-based networks, and the Web3 Foundation has awarded dozens of grants. […]

Equitiesfirst Named as Mysterious Debtor to Celsius, Owing $439 Million to Crypto Lender, According to the Report

October 21, 2022

Equitiesfirst Named as Mysterious Debtor to Celsius, Owing $439 Million to Crypto Lender, According to the Report Since Celsius suspended the withdrawals on June 12, the company has been concentrating on the lender’s financial problems. A month later, Celsius filed for bankruptcy in the United States. Two days after the bankruptcy, a report revealed that […]

Thailand’s Oldest Lender Postpones Purchasing Bitkub Exchange Due to Tighter Crypto Regulations

October 21, 2022

The company that owns Thailand’s Siam Commercial Bank has delayed a deal to buy a controlling stake in the country’s largest cryptocurrency exchange, BitCup. The decision was made against the backdrop of tight digital currency regulations that limit the growth of domestic cryptocurrency trading. SCB X, the parent company of Siam Commercial Bank, filed its […]

Zambian Kwacha surpasses the Russian Ruble to become the world’s best-performing currency thanks to IMF bailout approval.

October 19, 2022

Zambian Kwacha surpasses the Russian Ruble to become the world’s best-performing currency thanks to IMF bailout approval. The southern African country’s currency, the kwacha, rose 3.1 percent after the International Monetary Fund announced approval of an aid package for Zambia. After this growth, the kvacha surpassed the Russian ruble to become the world’s best currency […]

Do Kwon’s passport will be revoked by South Korea’s ministry of foreign affairs, according to a report

October 18, 2022

Do Kwon’s passport will be revoked by South Korea’s ministry of foreign affairs, according to a report. According to local reports from South Korea, the Ministry of Foreign Affairs is seeking to cancel the passport of Doo Kwon, one of the founders of Terraform Laboratories. The story comes a day after it was announced that […]

In light of the weak market, US states are reconsidering crypto tax payments.

October 18, 2022

  In light of the weak market, US states are reconsidering crypto tax payments. According to Bloomberg News on July 5, U.S. states are reconsidering accepting tax payments due to the bear market prices, with the exception of Colorado and Utah. Although Colorado and Utah didn’t flinch, they still need to work out administrative issues […]

Tornado Cash is unique, according to TRM Labs, in reaction to OFAC sanctions

October 15, 2022

Tornado Cash is unique, according to TRM Labs, in reaction to OFAC sanctions. DRM Labs is a blockchain analytics company that helps identify blockchain risks for financial institutions, crypto businesses and government agencies. The company provides a variety of services, including risk assessment of virtual asset service providers and other crypto businesses, investigation of the […]

Partnership Between GigaSpace Metaverse and STEPN

October 15, 2022

They formed a strategic partnership to create the STEPN Virtual City in GigaSpace. New GigaSpace Metawares has entered into a strategic partnership with the STEPN fitness program to create a STEPN virtual city for its community. Sharing the same vision with STEPN – building a bridge connecting Web2 & Web3, GigaSpace is building a virtual […]

Ethereum Wallet Metamask Adds Bank-to-Crypto Transfers via Sardine

October 15, 2022

Ethereum-based wallet Metamask has added instant bank-to-crypto transfers via the Automated Clearing House (ACH) settlement merchant, according to a Consensys blog published on October 11. Metamask users can exchange fiat for over 30, crypto tokens “With Sardine’s new instant ACH integration, you can buy cryptocurrencies instantly without settlement delays,” explained Consencis in a recent blog […]

Mike Alfred, an investor, criticises HEX as it drops below $0.04

October 14, 2022

Mike Alfred, an investor, criticises HEX as it drops below $0.04. Prominent investor Mike Alfred recently criticized Hex for the mining token falling below $0.04. The bulls pushed the price above this level to $0.042. However, HEX has lost 85% of its value since the beginning of the year and is down 92% from its […]

Before the worst economic crash in history, Robert Kiyosaki urges investors to invest in cryptocurrencies now.

October 14, 2022

Before the worst economic crash in history, Robert Kiyosaki urges investors to invest in cryptocurrencies now. Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, predicted the worst economic collapse in world history and urged investors to immediately move into digital currencies. “Now is the time for you to do cryptography,” he emphasized. […]

Avalanche’s lead Ethereum developer prevented an ecosystem meltdown worth $24 billion.

October 14, 2022

Avalanche’s lead Ethereum developer prevented an ecosystem meltdown worth $24 billion. Ethereum developer Peter Szilagyi published his vulnerability report detailing how a bug discovered in Avalanche could bring down the entire network. On March 29, 2022, Péter Szilágyi discovered a bug in the PeerList Avalanche package that could easily be exploited by an attacker. He […]

As more than $150 million is liquidated in 24 hours, ETH drops below $1,500.

October 14, 2022

As more than $150 million is liquidated in 24 hours, ETH drops below $1,500. The biggest liquidation candle of the month erased most of Ethereum’s post-merger gains. After the transition to the Proof of Stake network, ETH reached $1,640, which many believe will be the start of an uptrend. However, aggressive liquidation pushed the price […]

The NBA and Sorare Collaborate to Create a Licensed NFT Game

October 13, 2022

The NBA and Sorare Collaborate to Create a Licensed NFT Game. French fantasy gaming startup Sorare has struck a deal with the National Basketball Association (NBA) to develop a non-fungible token (NFT) game under its license. The company, which has already signed similar agreements with a number of European soccer leagues, including North America’s Major […]

The sale of the “Bowie on the Blockchain” NFTs by the David Bowie Estate has received criticism from fans

October 13, 2022

The sale of the “Bowie on the Blockchain” NFTs by the David Bowie Estate has received criticism from fans. David Bowie’s estate has just announced the launch of a set of non-fungible tokens (NFT) called Bowie on Blockchain. However, after the official announcement, many Bowie fans condemned the scheme and called it a pyramid scheme. […]

Apple Refused to Respond to Lawsuit Regarding Crypto Wallet App

October 13, 2022

Apple Refused to Respond to Lawsuit Regarding Crypto Wallet App. Apple has been saved from a “Toast Plus” class action lawsuit over a fake crypto wallet app on the Apple App Store. A federal judge in California ruled that it is a protection. A customer sued a tech company after downloading a fraudulent program and […]

Bank of England: Enhanced regulatory and legal frameworks are required for cryptocurrencies.

October 12, 2022

Bank of England: Enhanced regulatory and legal frameworks are required for cryptocurrencies. The Bank of England says that “strong fluctuations” in the cryptographic market emphasize the need for a high-level supervision and legal framework. The central bank of England warned that the encrypted price is likely to be higher. The Central Bank Financial Policy Committee […]

Saudi Arabia’s Central Bank Appoints a Program Lead for Virtual Assets and Digital Currency

October 12, 2022

Reports suggest that the Central Bank of Saudi Arabia has appointed Mohsen Al-Zahrani to head the bank’s virtual assets and digital currency program. The emergence of the United Arab Emirates (UAE) as a regional crypto hub has apparently prompted Saudi authorities to consider formal crypto regulation.  According to a statement, the Central Bank of Saudi […]

Investor Files Lawsuit Against Korean Crypto Exchange for Postponing Coin Transfer Prior to Luna Crash

October 12, 2022

Investor Files Lawsuit Against Korean Crypto Exchange for Postponing Coin Transfer Prior to Luna Crash. A cryptocurrency investor has reportedly filed a lawsuit against South Korean cryptocurrency exchange Abid after the trading platform was detained prior to the deactivation of the Luna exchange. Korea Crypto Exchange is investigating the details of this case. Dunamu, the […]

The Reserve Bank of India presents the CBDC model.

October 8, 2022

The Reserve Bank of India presents the CBDC model. The Reserve Bank of India (RBI) is finalizing plans to launch a pilot phase of issuing its central bank’s digital currency, the ‘Digital Rupee’. The Reserve Bank of India released a concept paper on 7 October outlining its drivers, design options and technical considerations for the […]

Community of Wonderland approves spending $25 million on ex-treasury manager tokens.

October 7, 2022

Community of Wonderland approves spending $25 million on ex-treasury manager tokens. The community of Wonderland has agreed to buy Sifu Vision tokens worth $ 25 million. This comes months after Sifu was forced to resign as director of the Wonderland Treasury because of his criminal past. DeFi Protocol approved the management plan to invest in […]

Russian Man Arrested for Swindling $300,000 in Mining Equipment Buyers

October 5, 2022

Police in the southern Russian city of Astrakhan have arrested a man on charges of defrauding people who wanted to buy crypto miners. Police officers say the suspect made millions of rubles from fake sales of mining equipment to Russian citizens and foreigners.  A resident of Kazan, the capital of the Russian republic of Tatarstan, […]

Singapore’s new attitude on cryptocurrencies

October 3, 2022

  Singapore’s new attitude toward cryptocurrencies As recently as last year, Singapore was preparing to emerge as a significant cryptocurrency centre. However, in reaction to the market’s slump and liquidity issue, regulators are hardening their stance. Sopnendu Mohanty is the chief fintech officer at the Monetary Authority of Singapore (MAS), the country’s central bank, according […]

To include NFTs into its products, Uniswap Labs buys Genie.

October 3, 2022

  To include NFTs into its products, Uniswap Labs buys Genie. The decentralised exchange’s development team, Uniswap Labs, declared that it has acquired Genie, the first NFT marketplace aggregator ever created. The acquisition of Genie, according to the company’s release, would broaden the Uniswap (UNI) ecosystem and incorporate NFTs as well as ERC-20 tokens into its […]

The capitalisation of the cryptocurrency market rose by 11% in a week.

October 3, 2022

  The capitalization of the cryptocurrency market rose by 11% in a week. The price of Bitcoin dropped on June 13, which negatively impacted the cryptocurrency industry. This week’s market capitalization ranged from $ 867 billion to $ 955 billion. This occurs when investors begin to remove their bitcoins from exchanges and analysts predict further […]

Wechat will restrict accounts from offering certain NFT and cryptocurrency services.

October 3, 2022

Wechat will restrict accounts from offering certain NFT and cryptocurrency services. According to a news source, Tencent’s Wechat plans to penalise public accounts that facilitate the secondary trade of NFTs. The new law also targets accounts that provide cryptocurrency transaction channels and advice. The Chinese internet giant Tencent’s instant messaging, social networking, and mobile payment […]

Do Kwon Says There’s a Difference Between Failing and Fraud in Interview About Being “Devastated” by LUNA Collapse

October 2, 2022

Do Kwon Says There’s a Difference Between Failing and Fraud in Interview About Being “Devastated” by LUNA Collapse In a recent interview with the Wall Street Journal, Terraform Labs (TFL) founder Do Kwon expressed his “devastation” over the mid-May implosion of LUNA and UST (WSJ). Prior to LUNA’s collapse, he declared himself to be a […]

Russia will test out digital ruble payments for real estate transactions.

October 2, 2022

  Russia will test out digital ruble payments for real estate transactions. The Russian press claimed that the Central Bank of Russia and partner commercial banks intend to test alternative payment methods using the digital ruble. The idea is to test out smart contracts and real estate and cryptocurrency asset acquisition deals. According to the […]

Max Keiser speculates that the SEC’s refusal of a spot Bitcoin ETF may be due to corruption.

October 2, 2022

Max Keiser speculates that the SEC’s refusal of a spot Bitcoin ETF may be due to corruption. Max Keiser, a proponent of bitcoin, commented on the lack of a BTC Exchange-Traded Fund (ETF) in the United States, calling it “unconscionable” for the Securities and Exchange Commission (SEC) to keep rejecting applications. The first U.S. short […]

Launch of a Stablecoin Linked to the British Pound Sterling by Tether

October 2, 2022

Launch of a Stablecoin Linked to the British Pound Sterling by Tether The organisation behind the most valuable stablecoin in terms of market capitalization, Tether, on Wednesday unveiled GBPT, a new fiat-pegged stablecoin pegged to the value of the British pound sterling. The announcement comes after Tether recently launched MXNT, a cryptocurrency asset tied to […]

The market cap of ApeCoin dropped by $2.5 billion in May- Is investor interest waning?

October 2, 2022

  The market cap of ApeCoin dropped by $2.5 billion in May- Is investor interest waning? One of the “rising stars” in the cryptocurrency industry, ApeCoin, was unavoidably brought down by the crypto market collapse in May. In spite of the devastating crypto market fall, ApeCoin’s price has performed well. The bulls were nevertheless able to […]

The NBA and Sorare Collaborate to Create a Licensed NFT Game

October 1, 2022

The NBA and Sorare Collaborate to Create a Licensed NFT Game. The National Basketball Association (NBA) and French fantasy gaming company Sorare have agreed to work together to create a Non-Fungible Token (NFT) game under license. The business is now an official partner of the NBA after concluding similar arrangements with many European soccer leagues, including […]

Compass Mining disputes claims of an unpaid $1.2 million power bill and announces the resignation of its CEO and CFO.

October 1, 2022

  Compass Mining disputes claims of an unpaid $1.2 million power bill and announces the resignation of its CEO and CFO. Both the CEO and CFO of Compass Mining, a hosting firm that provides managed mining services to Bitcoin (BTC) miners, have resigned. According to the business, it has had “many failures and disappointments” that have […]

$10 million is raised by a Japanese virtual IP firm to boost its metaverse business.

October 1, 2022

$10 million is raised by a Japanese virtual IP firm to boost its metaverse business. Japanese Virtual IP, Brave Group, recently stated that millions have earned 10 million in new capital, and the company is expected to increase customer services in Mettavars’ marketing business. The company is held in the last financial round of a […]

How Will The Price React When Cardano Releases A New Update On The Testnet?

October 1, 2022

  How Will The Price React When Cardano Releases A New Update On The Testnet? Cardano is steadily progressing through the majority of the network-building stages. The fourth of Cardano’s five development phases, the Basho phase, is currently in process. Goguen, Byron, and Shelley, the first three phases, offer smart contracts, the foundation, and decentralization, […]

Just days after the naira hit a new low, the Nigerian Central Bank increased the key interest rate.

September 28, 2022

Just days after the naira hit a new low, the Nigerian Central Bank increased the key interest rate. After the recent monetary policy meeting, the Central Bank of Nigeria announced that it has raised the monetary policy rate to 15.5%. The central bank hopes to narrow the negative real interest rate gap and curb inflation […]

Cosmoverse shows out the power of the Cosmos ecosystem despite ATOM’s price problems.

September 28, 2022

Cosmoverse shows out the power of the Cosmos ecosystem despite ATOM’s price problems. The last day of Cosmoverse in Medellin ends amid a festive atmosphere in South America, where few believe a bear market is underway. Creators, investors and fans of the Cosmos ecosystem gathered in Colombia to celebrate the world of Cosmos and announce […]

According to research, bitcoin mining accounts for 0.10 percent of global greenhouse gas emissions.

September 27, 2022

According to research, bitcoin mining accounts for 0.10 percent of global greenhouse gas emissions. According reports published by the Cambridge Center for Alternative Finance (CCAF), global Bitcoin mining is responsible for about 0.10% of global greenhouse gas (GHG) emissions, or 48.35 million tons of carbon dioxide per year. In addition, the CCAF report details that […]

Online Neobank Nearly 2 million of Nubank’s 70 million Latin American customers have purchased cryptocurrency.

September 27, 2022

Nubank, a digital bank in Brazil, has announced a new milestone in its operations. The company announced that it has reached 70 million customers in Latam, making it one of the largest financial institutions in Brazil. The company also announced that nearly 2 million of its customers are digital currency investors. Due to the unique […]

Technical Analysis of Bitcoin and Ethereum: Bulls Return to Crypto Markets, BTC Back Above $20,000

September 26, 2022

After a rough start to the week, bitcoin returned to green on Tuesday as the token rallied above $ 20,000. This move pushed prices to their highest point in nearly two weeks, breaking through a key resistance level in the process. Ethereum was also trading higher approaching the $ 1,400 level. Bitcoin (BTC) got closer […]

Dogecoin payments will be accepted for rides on the Las Vegas Transit System Loop by Elon Musk’s Boring Company.

September 25, 2022

  Elon Musk’s Boring Company accepts self-contained cryptocurrency as payment for rides through its Las Vegas loop transportation system. Musk confirmed he would “support Tuke if possible.” Tesla has already implemented self-encryption for some products, and SpaceX will soon follow suit. Dull, founded by CEO by Tesla Elon Maskak, said the Las Vegas transportation system […]

To combat tax evasion, Colombia intends to introduce digital currency.

September 25, 2022

To combat tax evasion, Colombia intends to introduce digital currency. The government of Colombia plans to launch a digital currency. One of the goals of this new currency is to prevent tax evasion and improve the traceability of citizen transactions. The proposed measure would limit cash transfers and transactions worth more than 10 million Colombian […]

Russian official suggests giving foreigners anonymous entry points to the digital ruble

September 15, 2022

According to a senior member of the Russian parliament, foreigners will be able to buy the future Russian digital ruble through anonymous entry points. This idea in Moscow aims to protect these investors against Western sanctions. Volodymyr Kudan, head of the Duma Industrial Committee, said his telegraph channel on Tuesday, that the risk of entering […]

China’s market for virtual reality gaming might grow to above $100 billion, according to JPMorgan

September 14, 2022

China’s market for virtual reality gaming might grow to above $100 billion, according to JPMorgan. Analysts at JP Morgan believe that the metaphorical gaming market in China could explode even with the current regulatory environment, which presents some challenges for implementation. Companies like Tencent, Netizens and Philly are among JPMorgan’s choices to benefit from this […]

Action Point, an Argentine startup, creates a white label solution to integrate cryptocurrency into conventional ATMs.

September 5, 2022

Action Point, an Argentine startup, creates a white label solution to integrate cryptocurrency into conventional ATMs. Argentinian startup Action Point has developed a white label solution that allows banks to offer crypto services through existing ATM infrastructure. The company offers this service in partnership with Lirium AG, a cryptocurrency-as-a-service company, and has already implemented the […]

The Argentine Tax Authority Wins a Significant Case to Seize Money from a Digital Account

September 4, 2022

The Argentine Tax Authority Wins a Significant Case to Seize Money from a Digital Account. The Argentinian Tax Authority (AFIP) has won a historic case to seize taxpayer funds from a digital account. The case, which was won in an appeal in the Federal Chamber of Mar del Plata, might bring about more seizures of […]

Fears that a CBDC will disrupt mobile money operations are allayed by the Ghanaian central bank

September 4, 2022

Ghana Bank has stated that the implementation of the central bank’s digital currency will not affect the effectiveness of mobile money operators. In contrast, digital currency expects Ghana compromise systems to improve the efficiency of “business boundaries”. The central bank of Gana fears that the central bank digital currency (CPDC), the so-called E-CDI, can negatively […]

This Week’s NFT Sales Jump 26% Higher Than the Week Prior, Bored Ape #6,588 Sells for $1.17M

September 4, 2022

This Week’s NFT Sales Jump 26% Higher Than the Week Prior, Bored Ape #6,588 Sells for $1.17M. Sales of non-fungible tokens (NFT) increased by 26.76% this week as NFT sales figures recorded $180.43 million in NFT trading this week compared to $142.33 million last week. While Ethereum-based NFTs took the lead this week with $79.2 […]

The Passport of Belarus President Lukashenko is For Sale by Hackers

September 3, 2022

Anti-government hackers have tried to sell what appear to be NFTs from Belarusian President Oleksandr Lukashenka’s passport. Members of the group “Cyber ​​​​Partisans of Belarus” claim that they received the passport data of all citizens of this country. Try to list the NFF -Pasport Collection in Cyber ​​Partners from Belarus Oban. A group of Hacker […]

Ripple will take part in the CBDC Sandbox Program of the Digital Dollar Project

September 2, 2022

Ripple will take part in the CBDC Sandbox Program of the Digital Dollar Project. The non -profit organization, which creates a digital dollar project, has announced a Santbox program to start the planned technical processes of digital currency. Project Digital Dollar is one of four participants who are expected to review “technical issues and business […]

Tether requests that Roche Freedman, a boutique cryptocurrency law firm, be dismissed from the class-action lawsuit.

September 2, 2022

Kyle Roach, an attorney and founding partner at boutique cryptocurrency firm Roach Freedman LLP, recently dropped several lawsuits filed by the law firm. The attorney’s recusal seeks videos showing the attorney discussing interactions with crypto companies. Stablecoin issuer Tether is seeking dismissal of a class action lawsuit against litigation firm Roche Friedman after prosecutors filed […]

Updated list of Mt. Gox creditors; trustee states that the rehabilitation custodian is “now preparing to make repayments.”

September 2, 2022

Updated list of Mt. Gox creditors; trustee states that the rehabilitation custodian is “now preparing to make repayments.”. On August 31, 2022, Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation trustee is “currently ready to pay” Mt Gox’s creditors. Speculation and rumors about the release of 140,000 Bitcoins (BTC) from […]

Nitro Rollup Stack Migration is Implemented by Arbitrum’s L2 Scaling Solution

September 1, 2022

Nitro Rollup Stack Migration is Implemented by Arbitrum’s L2 Scaling Solution. Arbitrum’s Layer Two (L2) Scaling Solutions revealed Wednesday that a consolidated migration of the project’s Nitro stack has been implemented. Orbitrum developers noted earlier this month that the nitrous migration will reduce network costs and improve performance. Arbitrum, an Ethereum L2 scale solution managed […]

Analysts predict that strong dollar and rate hikes might push precious metal markets down as the gold and silver markets tremble.

September 1, 2022

Precious metals markets have been volatile in recent weeks as the price of gold fell below $1,700 an ounce to a six-week low. Silver fell in a range of $18 to $17.80 an ounce. While gold and silver were down 0.85% – 0.89% against the dollar in the past 24 hours, platinum was down 2.82% […]

Salvadoran Bitcoin Bonds, according to Bitfinex CTO Paolo Ardoino, will be further delayed

September 1, 2022

Salvadoran Bitcoin Bonds, according to Bitfinex CTO Paolo Ardoino, will be further delayed. El Salvador’s Bitcoin bond to partially finance the construction of the country’s Bitcoin City has been delayed again. Bitfinex CTO Paulo Arduino said in a recent interview that the exchange on which these bonds will be issued is not yet ready for […]

Congress Investigates Crypto Fraud Crackdown, Questioning Coinbase, FTX, Binance, and Kraken

September 1, 2022

Four Americans have asked for information on what they are doing to combat fraud and cryptocurrency fraud. The Parliamentary Committee sent letters to federal agencies and five cryptographic operations. The Parliament Overview and Reforms committee made four US, sent by letters from federal agencies and five encryption operations. These four agencies are the Treasury Department, […]

South African Court Releases Former Monero Developer Riccardo Spagni From Custody

August 31, 2022

South African Court Releases Former Monero Developer Riccardo Spagni From Custody. A South African district court recently ordered the release of Monroe’s former boss, Ricardo Espany. According to the report, the warrant was issued several days after his arrest by local law enforcement. Before his release, Spagna, aka Fluffy Pony, told the court that he […]

Cryptocurrency Investors and Service Providers in South Africa Are Warned of the Legal and Tax Consequences of the Central Bank’s Plan

August 31, 2022

Cryptocurrency Investors and Service Providers in South Africa Are Warned of the Legal and Tax Consequences of the Central Bank’s Plan. The South African Tax Advisor of the Southern Tax of SAA, the last announcement of the Central Bank – oversees the Control of Encryption for 12-18 months – has legal and tax consequences on […]

Crypto owners banned from working on US Government crypto policies

August 26, 2022

Crypto owners banned from working on US Government crypto policies Private cryptocurrency officials are now prohibiting working in regulations and policies that affect digital securities. The new advice given by the US officials (OG) on Tuesday allows owners to have special entry to serve this security policy – this is not used when using encryption […]

In 2022, Shiba Inu will introduce the SHI stablecoin and TREAT incentive token.

August 26, 2022

In 2022, Shiba Inu will introduce the SHI stablecoin and TREAT incentive token. Shiba Inu (SHIB) chief developer Shaitoshi Kusama has released a new update to the MemeCoin community on plans to launch a stable currency and reward token. According to Kusama, SHI Stablecoin will not be affected by market fluctuations. He acknowledged that there […]

Marathon Achieves 254 Megawatts to Support Business’ 2023 Bitcoin Mining Objectives

August 25, 2022

Marathon Achieves 254 Megawatts to Support Business’ 2023 Bitcoin Mining Objectives Bitcoin mining operation Marathon has announced that it has secured 254 megawatts of new hosting contracts, with the possibility of expanding to 324 megawatts (MW). Marathon’s latest development contracts should support the bitcoin mining company’s target of approximately 23.3 exits per second (EH / […]

Celsius accuses KeyFi in a lawsuit. Over 1,000 ETH in investor cash for NFTs were stolen by Jason Stone.

August 23, 2022

Celsius accuses KeyFi in a lawsuit. Over 1,000 ETH in investor cash for NFTs were stolen by Jason Stone. Jason Stone Kefi presented a case against Celsius, claiming that Salia owes millions of dollars millions of dollars, and is now complaining about the theft of the fake government and the customer budget. He did it. […]

Launch of the ENS connection with Coinbase

August 23, 2022

Launch of the ENS connection with Coinbase. Coinbase’s Ethereum Name Service (ENS) integration is enabled and converts wallet usernames to ENS subdomains of Coinbase IDs. Users can change their ENS names once a year and use them however they want, as long as they comply with Coinbase’s yet-to-be-announced subdomain rules. ENS or Ethereum Name Service […]

According to Russia’s Financial Watchdog, cryptocurrency payments are accepted in international trade.

August 20, 2022

  According to Russia’s Financial Watchdog, cryptocurrency payments are accepted in international trade. The Russian financial control agency Rosfinmonitoring is ready to accept the use of digital currencies in international settlements, said the head of this department, Yuriy Chikanshin. The report adds growing support for legalization of international cryptocurrencies in Russia amid financial constraints imposed […]

Before the merger, Bitmain releases the 2,400 Megahash E9 Ethereum miner.

August 18, 2022

  Before the merger, Bitmain releases the 2,400 Megahash E9 Ethereum miner. On July 6, the cryptocurrency maker of mining platform Bitmain announced the launch of Antminer E9, following the announcement of the device on April 15, 2021. This device has a speed of 2.4 GHz per second (GH / s) and is sold by […]

Solana (SOL) Sees Potential Wipeout Based On Bearish Technical Indicator

August 17, 2022

Solana (SOL) Sees Potential Wipeout Based On Bearish Technical Indicator. Olana (SOL) is up more than 75% after falling to $25.75 in the last two months. The SOL forms a head and shoulders pattern, which indicates an upward trend. Solana’s 75% gain witnessed in the past two months may be a potential fake-out. SOL price […]

Publisher of blockchain games Animoca Brands receives $75M, increasing the company’s pre-money valuation to $5.9B

August 14, 2022

Publisher of blockchain games Animoca Brands receives $75M, increasing the company’s pre-money valuation to $5.9B Animoga Brands, an interchangeable token and blockchain gaming company, has announced it has raised $ 75 million from Kingsway Capital, Liberty City Ventures and other investors. The $ 75 million capital injection increased Animoga’s total valuation to $ 5.9 billion. […]

Picpay will provide cryptocurrency services to more than 60 million customers in Brazil.

August 13, 2022

Picpay will provide cryptocurrency services to more than 60 million customers in Brazil. Picpay, one of the most popular fintech payment companies in Brazil, has announced that it will start adding crypto services to its program. The company explained that the service includes buying cryptocurrency and paying directly with cryptocurrency. Picpay follows in the footsteps […]

Bearish attitudes start to “cool off” as Ethereum achieves further weekly inflows.

August 12, 2022

Bearish attitudes start to “cool off” as Ethereum achieves further weekly inflows. As Ethereum (ETH) announced its third consecutive week of gains, the weekly report from CoinShares for the week ending July 4 reveals that the adverse market attitude is fading. The study states that while overall assets under management (AuM) rebounded from an annual […]

All Tornado Cash ETH addresses are placed on Circle’s “blacklist,” thereby freezing USDC.

August 8, 2022

All Tornado Cash ETH addresses are placed on Circle’s “blacklist,” thereby freezing USDC.. All Tornado Cash Ethereum addresses specified in the US Treasury Department’s sanctions against the protocol have been “blacklisted” by Circle’s USDC. USDC Circle has added all Ethereum addresses belonging to Tornado Cash listed in the US Treasury sanctions against the protocol to […]

Brazilian Congress’s attempt to vote on a cryptocurrency bill fails, with a September discussion date set.

August 7, 2022

Brazilian Congress’s attempt to vote on a cryptocurrency bill fails, with a September discussion date set. Brazil’s Congress did not consider a proposed cryptocurrency bill this week. While the proposed public policy was indeed on the agenda, the lower house focused on debating bills that would lead to other issues, including health and digital education. […]

Research: Miner data shows Bitcoin could have bottomed

August 7, 2022

Getting the bottom of the desired bitcoin requires more analysis than its prices. One of the most reliable market level indicators throughout history has been data analysis. Miners, often considered one of the most resilient players in the crypto ecosystem, only give up when Bitcoin is more expensive than mine.Hash bands are a unique indicator […]

Hackers may have taken $4.8 million from a crypto exchange from ZB.com

August 3, 2022

Hackers may have taken $4.8 million from a crypto exchange from ZB.com. Blockchain researcher BexShield reported transferring approximately $4.8 million in digital currency from ZB.com.In a tweet on Wednesday, PeckShield suggested that hackers may be responsible for changing 21 types of exchange tokens, including Tether (USDT), Shiba Inu (SHIB) and Tesra (TSR), since Monday. According […]

When LUNA failed, South Korean venture capital company Hashed suffered a $3 billion loss.

August 3, 2022

When LUNA failed, South Korean venture capital company Hashed suffered a $3 billion loss.. Hashed CEO Simon Sojoon Kim told Bloomberg that the venture capital firm lost more than $3 billion on its Luna investment in May 2022. Hashed raised approximately 30 million LUNA tokens as an early investor in Terraform Labs’ $25 million investment […]

Cardano staking announced by institutional bank Sygnum sparks disagreements in the community on institutional adoption

August 1, 2022

Cardano staking announced by institutional bank Sygnum sparks disagreements in the community on institutional adoption. Sygnum Bank, located in Zurich, stated that Cardano (ADA) staking has been added to its product offerings. Through its “institutional-grade banking platform to earn staking incentives,” the company stated its customers may now safely stake ADA. The decision, nevertheless, has […]

Condense, a Metaverse company, raises $4.5 million to speed up the adoption of VR streaming.

July 29, 2022

Bristol -based Bristol raised $ 4.5 million in its last seed chain, which produces technologies that produce technologies to broadcast virtual reality programs. Local CLOP under the guidance of 7 % of DeepTech’s investments and laboratories, the budget to deepen its relationships with more companies to deepen their relationships with artists, tags, content and site […]

Among the issues covered by Janet Yellen when she met with Japanese authorities was stablecoin.

July 27, 2022

Among the issues covered by Janet Yellen when she met with Japanese authorities was stablecoin. According to Reuters, U.S. Treasury Janet Yellen met with Bank of Japan Governor Haruhiko Kuroda to discuss several multilateral financial regulatory issues, including stable currencies. According to reports, the finance minister also met with Japanese finance minister Shunichi Suzuki and […]

Rio de Janeiro moves forward with its intentions to integrate Bitcoin

July 27, 2022

Rio de Janeiro moves forward with its intentions to integrate Bitcoin. In a recent interview, Rio de Janeiro’s Minister of Finance and Planning Andrea Senko said her team wants to encourage the adoption of Bitcoin (BTC) by adding a digital assets to the city’s treasury. What exactly does the government mean? Noko believes that the […]

Voyager declines the purchase of Alameda because it “harms customers.”

July 25, 2022

Voyager declines the purchase of Alameda because it “harms customers.”. Cryptocurrency’s centralized supplier has rejected its FDX digital assets and its investment Alematle Ventures, based on “high cost” and “harmful to customers”.As part of its current bankruptcy transaction, the letter was rejected by FDX and FDX lawyers on 24 July. Credit 3ac.The letter states that […]

Stats Display In the past three months, more than 53,000 wrapped bitcoins have been taken out of circulation.

July 25, 2022

Stats Display In the past three months, more than 53,000 wrapped bitcoins have been taken out of circulation. On the Ethereum and Binance smart chains, there were 441,546 closed or synthetic bitcoins with a value of $17.45 billion three months ago, based on exchange prices from April 24, 2022. The number of closed or closed […]

3 reasons why liquid staking is beneficial to the whole crypto ecosystem

July 25, 2022

3 reasons why liquid staking is beneficial to the whole crypto ecosystem. Proof of Stake (PoS) blockchains are waiting to share your cryptocurrency. However, low staking participation – only 24% of the entire staking platform market is invested – means that crypto enthusiasts have yet to realize its benefits. As PoS blockchains improve the crypto […]

Can Cardano (ADA) Reach $4 To Surpass Ethereum Market Cap?

July 21, 2022

Can Cardano (ADA) Reach $4 To Surpass Ethereum Market Cap? The eighth-largest cryptocurrency, Cardano (ADA), has just recently begun to show indications of life. What actually gave investors hope were the minor network enhancements. Then, Cardano will have to do much more work in order to surpass $4 and surpass Ethereum in terms of market […]

Bitcoin surges beyond $23,000 for the first time since June 13 thanks to bulls.

July 19, 2022

Bitcoin surges beyond $23,000 for the first time since June 13 thanks to bulls. In a surprising turn, market leader Bitcoin (BTC) rose above $ 23,000 for the first time since June 13th. Over the past 24 hours, Bitcoin has gained 9% to trade at $ 23,400. This suggests that Bitcoin is above the 50-day […]

What to Expect From the SEC on US Crypto Regulation is outlined by Gary Gensler

July 18, 2022

US Securities and Exchange Commission (SEC) Chairman Gary Gensler explained what to expect from the security regulation when it comes to cryptocurrency. “We have strong authority from Congress to use our exemption powers to support investors,” he explained. Cryptocurrency Head of Kanslller shows SEC work in Checking CaseSEC President on Thursday. Yahoo Finance Live took […]

Stablecoins worth $248 million leave Coinbase as the public disputes exchange liquidity problems

July 16, 2022

Stablecoins worth $248 million leave Coinbase as the public disputes exchange liquidity problems Rumors on Friday evening have shown that Coimbatore may face liquid problems after soaked emails and the program stops. This is not an easy decision or not slowly made, but Business Insider reported that it is not easy to do, but due […]

Clients Will Have Direct Access to the Crypto Market Through State-Owned Swiss Bank Postfinance

July 15, 2022

Clients Will Have Direct Access to the Crypto Market Through State-Owned Swiss Bank Postfinance. The Swiss Post Office is said to be preparing to enter the market after government activity and encryption. “Our customers prefer direct access to this market through their home bank.”Swiss post office hand to enter the encryption market. The Swiss Committee […]

A new law in Paraguay might turn the nation into a mining paradise.

July 15, 2022

A new law in Paraguay might turn the nation into a mining paradise. On July 14, the Paraguayan Senate transmitted a bill to the President for approval that would free cryptocurrency miners from Value Added Tax and let them use extra energy (VAT). If the President signs the measure, Paraguay may be the next country […]

The New York Yankees will receive bitcoin payroll services from NYDIG.

July 14, 2022

The New York Yankees will receive bitcoin payroll services from NYDIG. On July 14, 2022, bitcoin company NYDIG, a subsidiary of Stone Ridge, announced that the company had signed a multi-year agreement with Major League Baseball (MLB) team the New York Yankees. According to the partnership announcement, NYDIG will become the “official baseball platform of […]

The judge rejects the SEC’s request to suppress important papers in the Ripple case.

July 13, 2022

  The judge rejects the SEC’s request to suppress important papers in the Ripple case. SEC v. Ripple, a recent court case revealed that Judge Nedburn denied a request from the U.S. Securities and Exchange Commission to withhold internal documents. Documents related to a speech by then CFO William Hinman dated June 14, 2018. During […]

Hashrate for bitcoin drops as Texas-based miners stop working

July 13, 2022

Hashrate for bitcoin drops as Texas-based miners stop working. Bitcoin (BTC) hash fell to 159.41-second exahashes (EH / s) on July 13, a five-month low, as Texas miners were forced to go offline. According to BTC.com, the 27% drop in hashrate is the largest since February 2022. The Bitcoin hashrate, which represents the computing power […]

Bitcoin Daily Exchange Net Flows Indicate Continued Sell-Offs

July 12, 2022

Bitcoin Daily Exchange Net Flows Indicate Continued Sell-Offs. Bitcoin’s daily net transaction flow has been volatile for at least the past month. This is due to the large swings between dumping and monopolizing investors in this space, each of which has influenced the price of the digital asset in its own way. However, the network […]

Playboy Joins The Sandbox Virtual World, with NFTs and Special Events to be Featured in the Lifestyle Firm’s Metamansion

July 12, 2022

Playboy Joins The Sandbox Virtual World, with NFTs and Special Events to be featured in the Lifestyle Firm’s Metamansion On July 11, Playboy, a lifestyle and entertainment company founded in 1953, announced a licensing partnership with The Sandbox, a virtual world based on blockchain. The two companies described the newly formed partnership as one that […]

Will the $3 billion in Bitcoin released by Mt. Gox lead to a market bottom in August?

July 10, 2022

Will the $3 billion in Bitcoin released by Mt. Gox lead to a market bottom in August? In 2011, Mt. A Gox hack and the loss of 850,000 bitcoins worth about $ 17.8 billion at today’s prices will soon put 137,000 bitcoins worth about $ 2.8 billion on the market. In 2014, Mt. Gox announced […]

BTC bear Ethereum is “clearly” a security, says Michael Saylor

July 10, 2022

BTC bear Ethereum is “clearly” security, says Michael Saylor MicroStrategy CEO and Bitcoin (BTC) side Michael Siler said Ethereum (ETH) is “obviously” security because it downplays the branding of BTC as a single commodity in the crypto industry. In an interview with Altcoin Daily, U.S. Senators Kirsten Gillibrand and Cynthia Loomis, as well as key […]

Dogecoin (DOGE) Has Been Increasing This Month Despite the Failure of the Twitter-Musk Deal

July 10, 2022

  Dogecoin (DOGE) Has Been Increasing This Month Despite the Failure of the Twitter-Musk Deal Dogecoin (DOGE) failed to gain enough traction on Saturday as Elon Musk’s Twitter buying failure rejected hopes of widespread adoption of the currency. The price of the world’s largest meme coin fell by more than 4% after the news was […]

The Saudis tops OpenSea as bots advertise free mint and con artists target Discord.

July 10, 2022

The Saudis top OpenSea as bots advertises free mint and con artists target Discord. A new free NFT mint project called The Saudis surpassed OpenSea with 4,774 ETH in the first 24 hours. However, about 10% of the NFTs were generated by someone who generated 194 ETH creating a cloud in the project. Jason Klein […]

Kenya has the highest percentage of cryptocurrency owners in Africa. UNCTAD data indicate

July 9, 2022

Kenya has the highest percentage of cryptocurrency owners in Africa. UNCTAD data indicate Kenya has more cryptocurrency owners than any other African nation, according to recent data from the United Nations Conference on Trade and Development (UNCTAD). UNCTAD has declared that it is recommending tariffs to impede the trade of digital currencies in order to […]

Making money out of online identities with SimpDAOs

July 9, 2022

Making money out of online identities with SimpDAOs In a recent episode of the Bloomberg Crypto podcast, managing editor Stacy Marie Ishmael and her guests, Bloomberg writer Emily Nicolle and Ph.D. student Florence Smith Nicholls, discussed online identities and the advent of SimpDAOs as a means of monetizing them. Since January 2022, there have been […]

Second Half of 2022 Will See Bitcoin Rebound, According to Bloomberg Analyst

July 7, 2022

  Second Half of 2022 Will See Bitcoin Rebound, According to Bloomberg Analyst According to Mike McGlone, a senior commodities analyst at Bloomberg, the cost of Bitcoin will rise in the second half of 2022. This may be a sign that the price of bitcoin is about to increase this year. Bitcoin prices are significantly […]

Bitcoiners criticise the rumoured launch of a cryptocurrency in the Central African Republic.

July 5, 2022

Bitcoiners criticize the rumored launch of a cryptocurrency in the Central African Republic. Faustin-Archangel Touadera, the president of the Central African Republic (CAR), recently announced that cryptocurrencies are an alternative to cash. However, Bitcoiners insist that the best cryptocurrency is the only solution to CAR’s monetary problems. The President of the Central African Republic, Fausten-Archangel […]

A Few Selected Bitcoin Mining Companies Receive Blockscale ASIC Chips From Intel

July 4, 2022

  A Few Selected Bitcoin Mining Companies Receive Blockscale ASIC Chips From Intel Officially, Intel participates in the bitcoin mining industry. Only six months have passed since the enormous technological corporation unveiled its “ultra-low-voltage energy-efficient” ASIC chip, and it is already available. Under normal circumstances, the bitcoin market would benefit greatly from infrastructure assistance from […]

Jeremy Allaire disputes claims. Circle is on the verge of going bankrupt.

July 4, 2022

  Jeremy Allaire disputes claims. Circle is on the verge of going bankrupt. On July 2, Circle CEO Jeremy Allaire published a thread on Twitter in response to unsubstantiated claims that Circle is struggling in the current market environment. Allaire refuted the allegations by claiming that Circle is in the “strongest financial position it has […]

Kuwait-Based Islamic Bank Enters the Metaverse

July 3, 2022

Kuwait-Based Islamic Bank Enters the Metaverse Kuwaiti Islamic bank Warba Bank has recently become the newest company in the Middle East and North Africa (MENA) to enter the meta-universe. The bank currently occupies two platforms in the Metaverse, one in Decentraland and the other in Sandbox. In what has been described as the first Islamic […]

Bitcoin Bill Proposed by Senator Indira Kempis Would Make It Legal Tender In Mexico

July 2, 2022

Bitcoin Bill Proposed by Senator Indira Kempis Would Make It Legal Tender In Mexico. Mexico’s congressional senator Indira Campis has proposed a bill that would make Bitcoin legal tender in the country. This bill is based on the challenges that Mexican citizens have when trying to access financial products and education. However, Mexico’s central bank […]

AUM of Crypto Investment Products at Record Lows in June, With Lowest Total Since December 2020 for Trust Products

July 2, 2022

With the lowest total for trust products since December 2020, AUM of cryptocurrency investment products reached record lows in June. The assets under management (AUM) of cryptocurrency investment products reached an all-time low in June, according to the most recent statistics from Cryptocompare. The data also reveals that the only digital investment product to have […]

After Mark Zuckerberg unveiled the Metaverse Digital Wallet, Meta ended its cryptocurrency project Novi.

July 1, 2022

After Mark Zuckerberg unveiled the Metaverse Digital Wallet, Meta ended its cryptocurrency project Novi. The “New” cryptocurrency project’s completion was declared by the Meta platform, previously Facebook. To withdraw money as quickly as possible, users are urged. The declaration comes after Meta CEO Mark Zuckerberg unveiled a digital wallet for the Metaverse. Owner of Facebook […]

Coinbase addresses allegations that it has sold customer “geo tracking” data to the US government.

July 1, 2022

Coinbase addresses allegations that it has sold customer “geo-tracking” data to the US government. Nasdaq-listed cryptocurrency exchange Coinbase has refused to sell “specific customer data” following reports that it provided “historical geo-tracking data” to US Immigration and Customs Enforcement (ICE). Cryptocurrency exchange Coinbase came under fire last week after reports accused Nasdaq of selling customer […]

The New Snoop Dogg and Eminem Music Video Features Bored Ape Avatars

June 30, 2022

The New Snoop Dogg and Eminem Music Video Features Bored Ape Avatars A new music video featuring the non-fungible token (NFT) collection from the Bored Ape Yacht Club (BAYC) was published by well-known rap artists Eminem and Snoop Dogg. The duo’s most recent song, “From the D 2 The LBC,” had its debut during this […]

As Bitcoin loses ground, mining operators worry about what lies next for the industry.

June 29, 2022

  As Bitcoin loses ground, mining operators worry about what lies next for the industry. Since May, Bitcoin and other cryptocurrencies have experienced steep losses. But after a while, things began to alter slightly. For instance, bitcoin, which traded above $21K in the morning hours of June 28 after falling to $17K on June 18, […]

By year’s end, according to Deutsche Bank, Bitcoin might reach $28,000.

June 29, 2022

  By year’s end, according to Deutsche Bank, Bitcoin might reach $28,000. Because it has been moving closely with American stocks, Deutsche Bank analysts Marion Laboure and Galina Pozdnyakova forecast that Bitcoin might reach $28,000 by the end of 2022. Since November 2021, the market attitude of cryptocurrencies has been increasingly comparable to that of the […]

Across light of the ongoing crypto downturn, Coinbase plans to expand in Europe.

June 29, 2022

Across light of the ongoing crypto downturn, Coinbase plans to expand in Europe. According to Bloomberg News, the cryptocurrency exchange Coinbase intends to grow its business in Europe and is now registering in several important European nations, including Italy, Spain, France, and the Netherlands. The company said on June 13 that it would lay off […]

Stablecoin market caps benefit when Bitcoin and Ethereum’s dominance declines.

June 28, 2022

Stablecoin market caps benefit when Bitcoin and Ethereum’s dominance declines. The market for cryptocurrencies has lost $285 billion in the last 30 days, and on June 18, the price of one bitcoin in US dollars fell to its lowest level since 2022, at $17,593. According to data from the previous month, the market domination of […]

There are rumours that Celsius CEO Alex Mashinsky tried to leave the country.

June 28, 2022

  There are rumours that Celsius CEO Alex Mashinsky tried to leave the country. According to unconfirmed sources, Celsius CEO Alex Mashinsky made an effort to flee the country last week. In response to “extreme market conditions,” Celsius declared a freeze on withdrawals on June 13. Before this, some users had complained about issues with money […]

As institutional investors pull the plug, outflows hit bitcoin; is there more harm to come?

June 28, 2022

As institutional investors pull the plug, outflows hit bitcoin; is there more harm to come? Since the price of cryptocurrencies like Bitcoin started to fall, outflows have become the norm. Individual and institutional investors also shared the same opinion, which sparked significant sell-offs in the sector. Despite the recent recovery in the price of bitcoin, […]

President of CAR sets start date for cryptocurrency hub “Sango”

June 27, 2022

President of CAR sets start date for cryptocurrency hub “Sango” On June 27, Central African Republic President Faustin-Archange Touadéra announced the opening date for the nation’s cryptocurrency centre, “Sango.” On July 3, a conference will be held to celebrate the establishment of the cryptocurrency hub. The nation adopted Bitcoin as legal money last year, making […]

Meta releases Meta Pay, a dedicated digital wallet for the Metaverse.

June 27, 2022

  Meta releases Meta Pay, a dedicated digital wallet for the Metaverse. The launch of a new wallet intended to enable value exchange in the metaverse has been announced by the metaverse platform known as Meta. The functions of Meta Pay, a renamed version of the prior Facebook Pay service, will remain the same, but […]

Chinese state-run media issues a new cryptocurrency warning as regulators warn of Bitcoin’s price dropping to zero.

June 24, 2022

  Chinese state-run media issues a new cryptocurrency warning as regulators warn of Bitcoin’s price dropping to zero. In light of the recent sell-off in the cryptocurrency market, a piece in a state-run media in China issued a warning that bitcoin’s price could go to zero. In the meantime, Shenzhen’s financial watchdogs have updated their […]

NHL joins together with Marketplace Sweet to enter the NFT market.

June 24, 2022

NHL joins together with Marketplace Sweet to enter the NFT market. The National Hockey League announced its collaboration with NFT Marketplace Sweet on Thursday. The league’s entry into the world of digital collectibles will be through this cooperation. To kick off the 2022–2033 NHL season, the partnership—to which the league’s players and alumni association belong—will […]

Crypto entrepreneur Jeff Huang is accused of stealing 22,000 ETH and running over ten unsuccessful enterprises.

June 21, 2022

Crypto entrepreneur Jeff Huang is accused of stealing 22,000 ETH and running over ten unsuccessful enterprises. Jeffrey Huang is said to have founded one of the largest technology entrepreneurs as a former NFT, ETH (ETH) musician and monkey at Formosa Financial in the Ministry of Finance. The Thai-American entrepreneur known on the Internet as Jachxbt’s […]

Ukraine becomes an observer in the European Blockchain Partnership

June 21, 2022

  Ukraine becomes an observer in the European Blockchain Partnership Ukraine has received observer status in the European Blockchain Partnership (EBP). Kyiv authorities hope that this move will help the Ukrainian government to implement blockchain technology and lead to more effective regulation of cryptocurrencies. Ukraine has been accepted as an observer by the European Blockchain […]

Prosecutors in South Korea have prohibited Terra personnel from leaving the country.

June 21, 2022

  Prosecutors in South Korea have prohibited Terra personnel from leaving the country. According to a report by local media JTBC on June 20, South Korean prosecutors have banned top Terraform Labs employees from leaving the country.JTBC reported that a travel ban is in place to prevent Terra employees from leaving the country to avoid […]

With Blockchain Technology, the PIP Button breathes new life into the creator economy.

June 20, 2022

With Blockchain Technology, the PIP Button breathes new life into the creator economy. For content creators all throughout the world, blockchain technology and cryptocurrencies have the potential to make a significant difference. Integrating such solutions can help anyone, especially if they don’t require coding experience. Because it is interoperable with any platform or website, the […]

Terra employees are not allowed to leave South Korea, according to prosecutors.

June 20, 2022

  Terra employees are not allowed to leave South Korea, according to prosecutors. According to a report by local media station JTBC on June 20, the prosecutor’s office in South Korea has barred key Terraform Labs personnel from leaving the country. According to JTBC, the travel ban was enforced to prevent Terra personnel from departing […]

NFT Sales Slid More Than 74% Lower Than the Month Before in the Digital Collectibles Industry

June 20, 2022

  NFT Sales Slid More Than 74% Lower Than the Month Before in the Digital Collectibles Industry While digital currencies have been hit hard this month, non-fungible token (NFT) sales have fallen by 74.44 percent in the last 30 days. NFT sales have dropped 17.33 percent in the last seven days compared to the previous […]

Christie’s NFT chief has been hired by Yuga Labs to oversee CryptoPunks.

June 20, 2022

Christie’s NFT chief has been hired by Yuga Labs to oversee CryptoPunks. Noah Davis, Christie’s head of non-fungible tokens, has joined Yuga Labs to handle the famed CryptoPunks collection, which Yuga Labs recently purchased. He announced his move to Yuga Labs as the CryptoPunks Brand Lead on Twitter. He also emphasized that there would be […]

Exploration surveys in Uganda claim to have discovered 31 million metric tonnes of gold.

June 18, 2022

  Exploration surveys in Uganda claim to have discovered 31 million metric tonnes of gold. While gold is commonly thought to be a scarce commodity, Uganda said on Wednesday that fresh exploration studies show the region has around 31 million metric tonnes of gold ore waiting to be mined. Furthermore, a representative for Uganda’s Ministry […]

Ukraine is the third non-EU country to join the European Blockchain Partnership.

June 18, 2022

  Ukraine is the third non-EU country to join the European Blockchain Partnership. Ukraine has become the third country outside of the European Union (EU) to join the European Blockchain Partnership (EBP), an effort developed by 27 member states to supply cross-border public services. Norway and Liechtenstein were the first. On June 17, Ukraine’s Ministry […]

Will the Bitcoin Selloff Continue Now That It Has Reached $19,000? What’s The Next Lowest Point?

June 18, 2022

  Will the Bitcoin Selloff Continue Now That It Has Reached $19,000? What’s The Next Lowest Point? According to Coingecko’s statistics, the price of Bitcoin (BTC) is currently trading below $20,000, having hit a low of $19,147 on Saturday. The price of BTC has plummeted below its all-time high of $20,000, as the cryptocurrency market […]

Withdrawals have been halted at Babel Finance due to “exceptional liquidity pressures.”

June 18, 2022

  Withdrawals have been halted at Babel Finance due to “exceptional liquidity pressures.” As the crypto winter drags on, its consequences reverberate throughout the crypto ecosystem, prompting uncomfortable decisions. To keep viable, several crypto firms have reduced their workforces and paused user activity on their platforms. Babel Finance, the most recent in a long line […]

Financial Superintendence in Colombia Develops Norms for Crypto Transactions

June 17, 2022

Financial Superintendence in Colombia Develops Norms for Crypto Transactions The Financial Control Authority of Colombia, the country’s financial and securities watchdog, is drafting a document to regulate transactions and activities using digital currency assets in the country. The organization has announced that in the coming weeks it will publish a document outlining the rules for […]

Another hacker targets Inverse Finance, stealing $1.3 million and causing a $5.8 million protocol breach.

June 17, 2022

  Another hacker targets Inverse Finance, stealing $1.3 million and causing a $5.8 million protocol breach. On June 16, a hacker used oracle price manipulation flaws to steal roughly $1.3 million from Inverse Finance, resulting in a $5.8 million loss for the protocol. In a series of tweets, PeckShield, a blockchain security business, revealed the […]

Technical Analysis of Bitcoin and Ethereum: BTC Retreats from $20,000 After Historic Fed Rate Increase

June 16, 2022

Technical Analysis of Bitcoin and Ethereum: BTC Retreats from $20,000 After Historic Fed Rate Increase Bitcoin has returned from a $ 20,000 drop after a historic rate hike by the Federal Reserve on Thursday. Last month, US inflation hit a 44-year high of 8.6%, and the Fed raised interest rates by 0.75%. ETH has risen […]

The CEO of Kraken criticises certain staff for being “poor fits”

June 16, 2022

The CEO of Kraken criticizes certain staff for being “poor fits” Jesse Powell, CEO of GRACKON, has won some employees on Twitter against some employees against the encrypted company -Culture, saying that about 20 out of 3,200 employees will not be applied to the organization. Paul found that the actions of these workers influenced the […]

As reports of 3AC liquidations and insolvency circulate, Su Zhu makes a cryptic comment.

June 15, 2022

As reports of 3AC liquidations and insolvency circulate, Su Zhu makes a cryptic comment. Su Zhu, a co-founder of Three Arrows Capital (3AC), a Singapore-based crypto venture capital firm, responded to rumours that the company was insolvent with a cryptic remark on Twitter. Online suspicion that 3AC may be unable to meet a margin call […]

Tron’s USDD has been trading below $1 for the past 24 hours, with the token hitting a low of $0.95 per unit.

June 15, 2022

  Tron’s USDD has been trading below $1 for the past 24 hours, with the token hitting a low of $0.95 per unit. USDD, Tron’s stablecoin, has been trading below $1 for more than 24 hours, with a low of $0.958 per unit around 3:00 a.m. (ET). The Tron DAO Reserve has deployed more Tron […]

Tether responds to the rumours about its commercial paper portfolio.

June 15, 2022

  Tether responds to the rumors about its commercial paper portfolio. Tether has issued a statement in response to recent reports about its commercial paper holdings. According to the speculations, Chinese or Asian commercial papers accounted for 85% of the firm’s commercial paper portfolio and were traded at a 30% discount. “These rumors are absolutely […]

El Salvador’s president faces criticism for a $18 million loss as bitcoin drops below $23,000

June 14, 2022

El Salvador’s president faces criticism for a $18 million loss as bitcoin drops below $23,000 Alejandro Zelaya, El Salvador’s finance minister, reportedly minimized the effect of the Bitcoin fall on the nation’s budget, according to Reuters. After El Salvador declared Bitcoin to be legal cash, its price dropped by 56%. The issue first surfaced on […]

Richard Branson intensifies efforts to stop cryptocurrency frauds that use his name

June 14, 2022

  Richard Branson intensifies efforts to stop cryptocurrency frauds that use his name The Virgin Group’s founder, British billionaire Richard Branson, stated in an interview that he wants to prohibit his name being used in shady cryptocurrency scams. Branson claims that deceitful individuals have been exploiting his name to entice unaware people into contributing money […]

When Celsius stops withdrawals due to market unrest, CEL falls by 74%.

June 13, 2022

  When Celsius stops withdrawals due to market unrest, CEL falls by 74%. In a notification released on Monday morning, Celsius Network declared that it has put an end to withdrawals, swaps, and transfers between accounts (GMT). The company blamed “severe market conditions” for the problem. Crypto markets have fallen precipitously since the U.S. Labor […]

Osmosis is back up after a flaw that led to a liquidity exploit was fixed.

June 13, 2022

  Osmosis is back up after a flaw that led to a liquidity exploit was fixed. The chain was stopped to prevent additional harm to liquidity pools after an Osmosis issue “enabled liquidity providers to gain an extra 50% while adding and withdrawing liquidity.” After a problem was disclosed on Reddit the week of June […]

Web5 has been declared by Jack Dorsey’s Block as the replacement for web3 as the internet’s future.

June 12, 2022

  Web5 has been declared by Jack Dorsey’s Block as the replacement for web3 as the internet’s future. At Consensus 2022, Jack Dorsey declared that TBD, Block’s Bitcoin division, is developing web5, a new vision for the internet. The potentially game-changing technology will be built to let consumers govern their own data instead of disclosing […]

Suits Relating to Crypto Criminal Cases in Russia Have Increased by 40%

June 12, 2022

Suits Relating to Crypto Criminal Cases in Russia Have Increased by 40% According to a recent survey, courts in Russia are hearing an increasing number of cases involving digital currency. About two-thirds of them have been started under the country’s Criminal Code, but there is also a significant portion of civil lawsuits. The number of […]

Do Kwon disputes new charges that he used Degenbox to withdraw $2.7 billion from the Terra environment.

June 12, 2022

  Do Kwon disputes new charges that he used Degenbox to withdraw $2.7 billion from the Terra environment. Do Kwon was reportedly accused of taking $80 million a month out of the Terra ecosystem prior to the crash; new allegations claim this occurred more than 33 times and that Abracadabra Money took an incredible $2.7 […]

Meme Token King Dogecoin’s Value Has Dropped 91% Since Its High Last Year, and DOGE Mining Income Has Decreased

June 12, 2022

  Meme Token King Dogecoin’s Value Has Dropped 91% Since Its High Last Year, and DOGE Mining Income Has Decreased Following a significant gain the previous year, dogecoin, the most well-known meme coin asset, has not performed well in 2022. The humour coin that started it all, Dogecoin, is today worth 91% less than it […]

BlockFi engages lobbyists to facilitate conversations with decision-makers

June 12, 2022

  BlockFi engages lobbyists to facilitate conversations with decision-makers According to Reuters, renowned crypto lending platform BlockFi has engaged lobbyists from Arnold & Porter Kaye Scholer LLP to focus on tax and regulatory policy for companies that offer financial services in digital currencies. Together with Arnold & Porter, BlockFi has assembled a five-person policy team. […]

Theta Labs and Resorts World Las Vegas collaborate on composite NFTs that deliver luxurious experiences.

June 11, 2022

  Theta Labs and Resorts World Las Vegas collaborate on composite NFTs that deliver luxurious experiences. Together with Theta Labs, Resorts World Las Vegas is introducing composite NFTs that will provide customers with opulent experiences. The composite NFTs, or NFTs inside an NFT, must be redeemed before November 1 and will be made available in […]

Citadel, Charles Schwab, and Fidelity have teamed up to create a cryptocurrency trading platform.

June 8, 2022

  Citadel, Charles Schwab, and Fidelity have teamed up to create a cryptocurrency trading platform. Fidelity Investments and Charles Schwab are apparently assisting Citadel Securities and Virtu Financial in the development of a bitcoin trading platform. “We see that there is enormous interest in this cryptocurrency field, and we will look to invest in organizations […]

In the midst of falling trade volumes, Salesforce is testing a new service called NFT.

June 8, 2022

  In the midst of falling trade volumes, Salesforce is testing a new service called NFT. Salesforce, an American cloud-based software business, is testing a new non-fungible token (NFT) cloud service for minting, maintaining, and selling NFTs, according to Bloomberg. NFT Cloud is the name of the service, and it aims to simplify the NFT […]

Investors are flocking to Bitcoin while Ethereum sees its outflows continue for the ninth week in a row.

June 7, 2022

  Investors are flocking to Bitcoin while Ethereum sees its outflows continue for the ninth week in a row. While Bitcoin received $126 million in inflows this week, Ethereum had another week of outflows. According to the latest CoinShares report, digital asset investment products witnessed $100 million in inflows during the week of May 30 […]

Dubai’s Retail Giant Majid Al Futtaim Partners With Binance to Accept Crypto at 29 Shopping Malls and 13 Hotels

June 5, 2022

  Dubai’s Retail Giant Majid Al Futtaim Partners With Binance to Accept Crypto at 29 Shopping Malls and 13 Hotels Majid Al Futtaim, a leading owner of shopping centres, has teamed with Binance to accept cryptocurrency at its shopping centres and other properties. The CEO of Binance stated that “Majid Al Futtaim is one of […]

Who Is Still In Profit When Dogecoin Trades Below $0.10 After a Bearish Year?

June 4, 2022

Who Is Still In Profit When Dogecoin Trades Below $0.10 After a Bearish Year? Due to its inability to rally in the manner, it did in the first half of 2021, Dogecoin has lost the majority of the value created during that period. For the bulk of its investors, it is still primarily lucrative. The […]

A new cryptocurrency fraud goes for tech-savvy people.

June 4, 2022

  A new cryptocurrency fraud goes for tech-savvy people. According to a San Francisco Examiner investigation, two tech-savvy people lost $2.5 million as a result of a sophisticated cryptocurrency scam. According to the research, these dishonest participants used a scam strategy known as “pig slaughtering.” Scammers typically contact their victims on dating websites or social […]

Because of the market, Coinbase decides not to hire new employees.

June 4, 2022

Because of the market, Coinbase decides not to hire new employees. To better manage the bear market conditions and emerge stronger, Coinbase revealed that it has un-hired some of the new hires and has suspended additional employment offers. L.J. Brock, the chief people officer at Coinbase, sent an email to the newly hired employees informing them […]

Gemini exchange is being sued by the CFTC for making false representations in 2017.

June 3, 2022

  Gemini exchange is being sued by the CFTC for making false representations in 2017. The Commodity Futures Trading Commission (CFTC) is suing Gemini, a crypto exchange based in New York, for “making false or misleading claims” or omitting data in interactions with the agency. The action was brought to a federal court in New […]

As Ethereum falls in value, institutional investors are turning to competitors.

June 2, 2022

  As Ethereum falls in value, institutional investors are turning to competitors. Institutional investors are phasing out their Ethereum investments as the crypto market has taken a turn for the worst. Multiple outflows hit the digital asset, causing its total AuM (assets under management) to plummet, and the trend has persisted this week. Institutional investors […]

FTX and Goldman Sachs are allegedly in negotiations about trading derivatives.

June 2, 2022

  FTX and Goldman Sachs are allegedly in negotiations about trading derivatives. According to Barron’s story, Goldman Sachs is in talks with prominent crypto exchange FTX to integrate portions of its derivatives business. Goldman Sachs wants FTX to incorporate various components of their derivatives operations, such as trading futures directly, providing capital top-up, acting as […]

The Biden administration will draught a report on cryptocurrency miners’ energy use and emissions.

June 2, 2022

The Biden administration will draught a report on cryptocurrency miners’ energy use and emissions. According to Bloomberg Law, the White House’s energy team is producing a policy recommendations report to address concerns about bitcoin mining’s energy usage and emissions. After US President Joe Biden issued the executive order in March, the policy report, which is […]

After denouncing the digital collectible concept, Kanye West files trademarks describing NFT technology.

June 2, 2022

  After denouncing the digital collectible concept, Kanye West files trademarks describing NFT technology. The American musician Ye (also known as Kanye West) is getting into the world of non-fungible tokens (NFTs) and the metaverse, according to trademark filings with the United States Patent and Trademark Office (USPTO). Mascotte Holdings Inc., the record producer’s company, […]

As it recovers to $155 million, Cardano TVL soars by 30% in just 24 hours.

June 1, 2022

  As it recovers to $155 million, Cardano TVL soars by 30% in just 24 hours. Since introducing smart contract functionality on the network, Cardano has become a major player in decentralised finance (DeFi). It is now the network with the most active development schedule as development has accelerated. The total value locked (TVL) on […]

South Korea allocates $117.1 million to the industry’s launch.

June 1, 2022

South Korea allocates $117.1 million to the industry’s launch. South Korea put aside $117.1 million as one of the first nations to ever formally invest in the metaverse. The nation’s long-term metaverse ambitions produced this earmark, which might be used as a template by future governments. To kickstart the metaverse economy, the South Korean Ministry […]

What to expect with the introduction of the BNB Chain technical roadmap

June 1, 2022

  What to expect with the introduction of the BNB Chain technical roadmap? During the five-hour BNB Chain Revelation Summit event on May 31, BNB Chain unveiled its updated technical roadmap. The occasion provided the neighbourhood with the most recent project updates. Senior team members and team leaders, including founder Changpeng Zhao (CZ), also spoke […]

Cardano TVL Recovers To $155 Million After Jumping 30% In 24 Hours

May 31, 2022

  Cardano TVL Recovers To $155 Million After Jumping 30% In 24 Hours Since it introduced smart contract features on the network, Cardano has been making waves in the decentralized finance (DeFi) space. The network’s development has accelerated, making it the network with the most active development. The total value locked (TVL) on the network […]

Despite the dismal market, $87 million is invested in cryptocurrency.

May 31, 2022

  Despite the dismal market, $87 million is invested in cryptocurrency. Despite a mainly pessimistic market attitude, digital assets investment products attracted $87 million in inflows during the week of May 23, according to CoinShares weekly report. According to the most recent data, Bitcoin (BTC) received $69 million in inflows, increasing the total year-to-date inflows […]

The president of the New York Fed has urged his colleagues to get ready for the approaching digital payment revolution.

May 31, 2022

  The president of the New York Fed has urged his colleagues to get ready for the approaching digital payment revolution. On Wednesday, John Williams, president, and CEO of the Federal Reserve Bank of New York warned central bank officials, academics, and financial sector experts from around the world to prepare for a fundamental revolution […]

Hours after its launch, LUNA 2.0 sees a significant price drop.

May 30, 2022

  Hours after its launch, LUNA 2.0 sees a significant price drop. After the LUNA 2.0 cryptocurrency experienced a significant market decline hours after its introduction, Terraform Labs’ stablecoin TerraUSD (UST) and its native token Terra (LUNA) went on a rough road to recovery. TerraForm Labs successfully issued fresh LUNA coins to LUNA Classic (LUNAC) […]

Tron Now Has the Third-Largest TVL in Defi — USDD, the Network’s Stablecoin, Faces Skepticism

May 30, 2022

  Tron Now Has the Third-Largest TVL in Defi — USDD, the Network’s Stablecoin, Faces Skepticism Tron has surpassed Ethereum as the third-largest network in terms of total value locked (TVL) in decentralized finance (defi) protocols this week. Interestingly, the defi protocol Justlend, which is comparable to Anchor Protocol in that it offers more than […]

Long-term Bitcoin holders continue to’soak up supply’ at $30K, according to on-chain data.

May 30, 2022

  Long-term Bitcoin holders continue to soak up supply at $30K, according to on-chain data. Despite being in the red on certain BTC investments, data reveals that long-term investors are still buying Bitcoin in its current range. Bear markets are often characterized by a capitulation event, in which disgruntled investors quit their holdings and asset […]

Following a trip to Washington, DC, Cardano’s founder discusses legislative change in the United States.

May 30, 2022

  Following a trip to Washington, DC, Cardano’s founder discusses the legislative change in the United States. Last week, Cardano founder Charles Hoskinson led a team to Washington, DC, to learn more about pending legislation in the United States. The team spoke with prominent agencies and organizations, such as the Commodity Futures Trading Commission (CFTC), […]

NFT Gaming App Stepn to Block Mainland Users Due to Chinese Crypto Regulations

May 29, 2022

NFT Gaming App Stepn to Block Mainland Users Due to Chinese Crypto Regulations Anti-crypto rules in China have apparently caused the non-fungible token (NFT) game Stepn to ban mainland users as of July 15. Stepn’s in-game coin was said to have plummeted by 38% shortly after the announcement. Beginning July 15, mainland Chinese users of […]

Bitcoin Remains Below $30K as Buyers Stay Away

May 29, 2022

Bitcoin Remains Below $30K as Buyers Stay Away Despite another upward market spike, Bitcoin (BTC) and other cryptos dipped on Friday. After nearly nine weeks of negative results, cryptocurrency traders are still on the defensive. Although BTC is anticipated to fall 27% this month, it is still up 10% from its previous all-time low of $25,840 on May 12. The cryptocurrency is […]

After losing $2.4 million in the Terra Crash, a LUNA investor was arrested for knocking on Do Kwon’s door.

May 29, 2022

  After losing $2.4 million in the Terra Crash, a LUNA investor was arrested for knocking on Do Kwon’s door. A crypto investor was imprisoned after knocking on Do Kwon’s door following the crash of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). He lost $2.4 million and is now the subject of a South Korean […]

What Are Ethereum’s Next Crucial Trading Levels As It Slumps?

May 29, 2022

  What Are Ethereum’s Next Crucial Trading Levels As It Slumps? At the time of writing, Ethereum has fallen farther down the rankings. The currency has lost around 10% of its value in the previous week. Because the purchasers have departed the market, the bears have gained ground. The coin’s technical outlook remained gloomy, and […]

Russia is considering enabling cryptocurrency to be used for foreign payments.

May 29, 2022

Russia is considering enabling cryptocurrency to be used for foreign payments. Russia is considering embracing cryptocurrencies for international payments as a way to counteract the impact of Western sanctions. According to Ivan Chebeskov, the Head of the Financial Policy Department under the Ministry of Finance, the Russian government is actively researching the possibility of using […]

Bitcoin is facing resistance above $33000 with support at $22,000-$25,000

May 28, 2022

Bitcoin is facing resistance above $33000 with support at $22,000-$25,000 Volatility could rise, mainly if some other charge breakdown occurs. Last week, Bitcoin (BTC) dropped underneath the $33,000 resistance mark, however, charge movement has accounted for that steadied inner a slender range. This would possibly suggest a spike in volatility, much like what came about […]

Cardano Drops Below $0.50 Signaling A Threat

May 28, 2022

Cardano Drops Below $0.50 Signaling A Threat Cardano has been one of the currencies worst damaged by main charge reductions. Price volatility is a big deterrent and risk for digital currencies. In a single minute, the charge in their inventory may change ten times. For a cryptocurrency and its investors, an astonishing charging motion is […]

Terra (LUNA) 2.0 relaunches in accordance with Do Kwon’s revitalization strategy

May 28, 2022

Terra (LUNA) 2.0 relaunches in accordance with Do Kwon’s revitalization strategy Terraform Labs co-founder and CEO Do Kwon confirmed the relaunch of Terra 2.0, the company’s new chain that intends to resuscitate the Terra (LUNA) and TerraUSD (UST) ecosystems. Hard forking the current blockchain and reissuing LUNA tokens to existing investors based on a snapshot […]

LUNA 2.0 reaches $30 before plummeting by 80% on the first day of trade

May 28, 2022

LUNA 2.0 reaches $30 before plummeting by 80% on the first day of trade The new LUNA 2.0 chain went online today, May 28, at 6 a.m. UTC, with an airdrop of the brand new token to tens of thousands and thousands of wallets. At eight a.m. UTC, the genesis chain commenced buying and selling […]

What Is The Secret Behind CloneX? Blue Chip NFTs 101 – What Is The Secret Behind CloneX?

May 27, 2022

What Is The Secret Behind CloneX? Blue Chip NFTs 101 – What Is The Secret Behind CloneX? Designed with the Metaverse in mind Takashi Murakami and the RTFKT team are the brains of CloneX, to put it simply. The NFT collection is the result of a clandestine collaboration between a well-known Japanese artist and virtual […]

SEC has denied One River’s proposal for a spot Bitcoin ETF

May 27, 2022

SEC has denied One River’s proposal for a spot Bitcoin ETF Like many ETF proposals before it, the proposed environmentally aware spot ETF was determined to be insufficiently safeguarded against fraud and manipulation. The US Securities and Exchange Commission (SEC) maintained its perfect record of rejecting Bitcoin (BTC) spot exchange-traded fund (ETF) applications on Friday, […]

As the community reclaims stolen NFTs, the hacker gets a taste of his own medicine

May 27, 2022

As the community reclaims stolen NFTs, the hacker gets a taste of his own medicine At the height of the NFT craze, stories of traders being conned out of their nonfungible tokens were prevalent. In an unusual turn of events, the Solana community banded together to “scam” a fraudster in order to recover stolen NFTs. […]

Bitcoin’s dominance rises after the Terra LUNA fallout, while Ethereum’s value falls

May 27, 2022

Bitcoin’s dominance rises after the Terra LUNA fallout, while Ethereum’s value falls Following the Terra LUNA and UST debacles, digital currency markets have seen a 6.93 percent reduction in value, from $1.356 trillion on May 22 to $1.262 trillion today. In the midst of the chaos, bitcoin’s market share has risen to 43.8 percent, its […]

Perp Traders Remain Quiet As Bitcoin Fights To Retain Its $30,000 Level

May 26, 2022

Perp Traders Remain Quiet As Bitcoin Fights To Retain Its $30,000 Level For the most part of this week, Bitcoin has been trying to stay over $30,000, failing more often than not. While other areas of the market, such as ETFs, have had varying reactions, perpetual traders appear to have seen this as a cue […]

The ‘New’ Luna Will Be Distributed In The Following Ways

May 26, 2022

The ‘New’ Luna Will Be Distributed In The Following Ways Following the implosion of the terra USD (UST) algorithmic stablecoin earlier this month, a snapshot of the Terra blockchain will be taken later this week in preparation for the launch of “Terra 2.0,” a “rebirth” of the Terra ecosystem. The revival plan is now moving […]

Beacon Network on Ethereum is dealing with a seven-block chain reorganization

May 26, 2022

Beacon Network on Ethereum is dealing with a seven-block chain reorganization At 8:55:23 a.m. (UTC) on May 25, seven blocks on Ethereum’s Beacon chain were rearranged from a block height of 3,887,075 to block 3,887,081. Martin Köppelmann noticed the restructuring and suggested that the “current attestation technique of nodes should be revisited to hopefully result […]

Elon Musk has issued a warning to consumers about the newest deepfake cryptocurrency fraud

May 26, 2022

Elon Musk has issued a warning to consumers about the newest deepfake cryptocurrency fraud Deepfakes are aplenty! To prey on unwary social media users, crypto fraudsters create a deep fake video of Elon Musk’s TED lecture. Elon Musk, the CEO of Tesla, has distanced himself from yet another phony film pushing a cryptocurrency hoax. The […]

Market Wrap: Metaverse Tokens Rise; Crypto Analysts Expect More Volatility

May 25, 2022

Market Wrap: Metaverse Tokens Rise; Crypto Analysts Expect More Volatility On Wednesday, Bitcoin (BTC) traded sideways, signaling a respite in the pessimistic mood among traders. On Wednesday, though, most alternative cryptos traded higher, recouping losses from the previous week. Decentraland’s MANA token, for example, has gained 3% in the last 24 hours and is relatively […]

After the SEC litigation is resolved, Ripple is considering an IPO, according to its CEO

May 25, 2022

After the SEC litigation is resolved, Ripple is considering an IPO, according to its CEO Ripple CEO Brad Garlinghouse told CNBC on May 25 that the business will look into IPO chances after its dispute with the Securities and Exchange Commission (SEC) is finished. The Securities and Exchange Commission (SEC) has been suing Ripple for […]

FTM and ETC are the top crypto gainers to start the week

May 23, 2022

FTM and ETC are the top crypto gainers to start the week ETC rose more than 10% to start the week, with prices hitting a two-week high on Monday. The value of FTM grew throughout the day, after rising by roughly 20% earlier in the day. ETC was one of the most visible gainers during […]

Since July 2021, the largest difficulty drop  is noticed

May 23, 2022

Since July 2021, the largest difficulty drop  is noticed This week, the World Economic Forum is giving a dose of realism to Bitcoin, and many people are still forecasting a major BTC price drop. As the week progresses, Bitcoin (BTC) is off to a better start than most, with bulls averting substantial losses. Despite the […]

Gamestop Releases a Web3 Ethereum Wallet Using Loopring’s ZK -Rollup Technology

May 23, 2022

Gamestop Releases a Web3 Ethereum Wallet Using Loopring’s ZK -Rollup Technology Gamestop, a retailer of consumer goods and gaming software, has unveiled its self-custodial Web3 Ethereum wallet this week. The wallet is now in beta and is now accessible on the company’s website, allowing customers to store crypto assets and non-fungible tokens (NFTs). The wallet […]

After gaining access to Beeple’s Twitter account, a hacker stole $438K in cryptocurrency and NFTs.

May 23, 2022

After gaining access to Beeple’s Twitter account, a hacker stole $438K in cryptocurrency and NFTs. On May 22, the Twitter account of well-known digital artist Mike Winkelmann, also known as Beeple, was hacked. This was disclosed on Twitter by Harry Denley, a security analyst at Metamask. Denley cautioned users in a tweet that Beeple’s tweets, […]

In its most recent annual corporate strategy meeting, Sony announced a metaverse push.

May 22, 2022

  In its most recent annual corporate strategy meeting, Sony announced a metaverse push. As part of its entertainment strategy, Sony, the global electronics giant, has declared that it will adopt a more targeted approach to metaverse experiences. Prior investments in Epic Games, the designers of the Fortnite game, and Bungie, another gaming firm, are […]

The Russian Parliament has received a draught law on non-financial transactions (NFTs).

May 21, 2022

The Russian Parliament has received a draught law on non-financial transactions (NFTs). A measure has been introduced in the Russian State Duma to introduce the term non-financial transactions (NFTs). The draft’s authors argue that non-fungible token owners’ rights must be safeguarded because Russians are now dealing with NFTs at their own risk. Members of Russia’s […]

MicroStrategy Will Not Dump Any Of Its Bitcoin, CFO Reveals

May 21, 2022

MicroStrategy Will Not Dump Any Of Its Bitcoin Since it started obtaining Bitcoin, MicroStrategy has emerged as an outstanding participant withinside the cryptocurrency market. Its property has solidified its role as a public organization with the world’s biggest bitcoin holdings. A noteworthy issue is that the organization bought a considerable part of its BTC for […]

Arthur Hayes was sentenced to two years in prison for his role in BitMEX’s AML blunder

May 21, 2022

Arthur Hayes was sentenced to two years in prison for his role in BitMEX’s AML blunder Despite the prospect of jail time, Hayes was sentenced to six months of house detention and two years probation for proactively admitting to the claims. One of the four federal district courthouses in New York allegedly sentenced founder and […]

Manchester City will commemorate the club’s most memorable moments with NFT souvenirs.

May 21, 2022

  Manchester City will commemorate the club’s most memorable moments with NFT souvenirs. Manchester City, the great football club, has collaborated with NFT marketplace Quidd to release four gadgets of digital collectibles. Pep Guardiola manages the famed club, which plays withinside the 55,000-seat Etihad Stadium. NFT and football fans will find out now not honestly […]

Coinbase Co-Founder Fred Ehrsam Buys the Dip and Buys $75 Million in Company Stock

May 20, 2022

Coinbase Co-Founder Fred Ehrsam Buys the Dip and Buys $75 Million in Company Stock Almost a week ago, Fred Ehrsam bought over 1,000,000 Coinbase (COIN) stocks for around $75 million, leaping in after the crypto exchange’s inventory charge dropped following the company’s bad income report. According to a Form four submitted with the SEC, Ehrsam […]

Panama’s president says he would not sign a cryptocurrency measure into law ‘at this time.’

May 20, 2022

Panama’s president says he would not sign a cryptocurrency measure into law at this time.’ “If the statute contains sections linked to money laundering operations – Anti-Money Laundering activities,” remarked Panama President Laurentino Cortizo. Panama’s president, Laurentino Cortizo, has stated that he will not sign off on a cryptocurrency bill just adopted by the country’s […]

Vietnam Forms Blockchain Association to Conduct Research and Make Regulation Suggestions

May 20, 2022

  Vietnam Forms Blockchain Association to Conduct Research and Make Regulation Suggestions The main intention of the brand new organization is to permit blockchain experts to collaborate in advancing the increase of Vietnam’s virtual financial system and helping the Asian state in locating its function on the worldwide tech scene. A newly fashioned blockchain organization […]

Tether reduces its commercial paper holdings by 17% in the first quarter of 2022.

May 20, 2022

  Tether reduces its commercial paper holdings by 17% in the first quarter of 2022. “This recent attestation further demonstrates that Tether is completely supported and that its reserve composition is robust, conservative, and liquid,” stated Paolo Ardoino. Tether (USDT) revealed that it reduced its reserves allocation to commercial paper assets and boosted its allocation […]

Hacash.Diamonds collaborates with Neo to mint and market Proof-of-Work NFTs.

May 20, 2022

  Hacash.Diamonds collaborates with Neo to mint and market Proof-of-Work NFTs. Hacash Diamonds (HACD) and the Neo blockchain have announced a collaboration to enhance proof-of-work consensus in non-fungible assets. HACD is the first-of-its-kind PoW NFT with the objective of surpassing Bitcoin as a store of value. This collaboration becomes HACD the first initiative this year […]

FTX US Introduces a Zero-Commission Equities Trading Platform

May 19, 2022

FTX US Introduces a Zero-Commission Equities Trading Platform Customers who joined the firm’s non-public beta queue can also additionally now use the site to shop for equities and ETFs. According to the agency, the brand new capability consists of loads of preference US-exchange-indexed not unusual place stocks, securities, and ETFs. FTX will even start with-course […]

Tether introduces a cryptocurrency and blockchain teaching program in Switzerland.

May 19, 2022

Tether introduces a cryptocurrency and blockchain teaching program in Switzerland. “It is critical that educational institutions be established to help better enlighten not only traders and investors but also future business owners,” Paolo Ardoino stated. As part of a collaboration between the local administration and Tether, Switzerland’s southern city of Lugano will host a blockchain […]

With the Crypto.com agreement, Shopify expands its cryptocurrency payment options.

May 19, 2022

  With the Crypto.com agreement, Shopify expands its cryptocurrency payment options. Merchants that use the e-commerce platform Shopify (SHOP) may now accept bitcoin payments through Crypto.com. According to a statement, sellers that use the Crypto.com Pay function can allow clients to settle their accounts with more than 20 tokens. Strike, the payments network led by […]

Tether announces a 17% drop in commercial paper holdings in Q1 2022.

May 19, 2022

  Tether announces a 17% drop in commercial paper holdings in Q1 2022. “This recent attestation further demonstrates that Tether is completely supported and that its reserve composition is robust, conservative, and liquid,” stated Paolo Ardoino. Tether (USDT) revealed that it reduced its reserves allocation to commercial paper assets and boosted its allocation to US […]

According to a Russian minister, cryptocurrency will become a payment method “soon.”

May 19, 2022

  According to a Russian minister, cryptocurrency will become a payment method “soon.” According to Reuters, Russia’s minister of industry and commerce, Dennis Manturov, believes it is only a matter of time until cryptocurrency becomes a form of payment in the nation. According to the source, Manturov commented at a symposium in answer to a […]

Polygon is launching an accelerator program in collaboration with Orbs and DeFi.org.

May 18, 2022

  Polygon is launching an accelerator program in collaboration with Orbs and DeFi.org. In a significant move for the decentralized finance field, Ethereum scaling platform Polygon has joined up with layer-3 project Orbs to offer a program that helps DeFi builders via the DeFi accelerator platform DeFi.org. Polygon and DeFi.org said in an announcement that […]

According to a lawmaker, Russia’s first digital financial assets are expected this year.

May 18, 2022

    According to a lawmaker, Russia’s first digital financial assets are expected this year. According to Anatoly Aksakov, the head of Russia’s legislative committee supervising the financial industry authorized Russian blockchain platforms may issue their first digital financial assets (DFAs) by the end of 2022. Speaking at the Moscow Academic Economic Forum, Aksakov stated […]

According to the latest data, China still controls 21% of the worldwide Bitcoin mining hash rate.

May 18, 2022

According to the latest data, China still controls 21% of the worldwide Bitcoin mining hash rate. China has returned with a fury. For its current analysis, the Cambridge Centre for Alternative Finance, or CCAF, gathered data “covering the period from September 2021 to January 2022.” The headline is that ban or no ban, Asia controls […]

Axie Infinity was the subject of another hack, this time using a discord bot.

May 18, 2022

  Axie Infinity was the subject of another hack, this time using a discord bot. Axie Infinity revealed on Twitter that the MEE6 bot on its Discord channel has been compromised. The MEE6 team has denied that its bot was attacked. The MEE6 bot is quite popular on Discord, and many servers use it to […]

Bitcoin and Ether Surge Above Support Amid China Optimism, US Futures Rise

May 17, 2022

  Bitcoin and Ether Surge Above Support Amid China Optimism, US Futures Rise Bitcoin (BTC) remained over $30,000 as indices in Asian, Indian, European, and US markets turned green on Tuesday, according to statistics. After weeks of stringent lockdowns, traders priced in an easing of controls in Shanghai, causing Chinese equities to rise. Beijing’s policymakers […]

Terra Community to Vote on Chain Forking — Airdrop a Billion New Tokens to Network Participants in May

May 17, 2022

  Terra Community to Vote on Chain Forking — Airdrop a Billion New Tokens to Network Participants in May Following Terra’s UST implosion, Do Kwon, the blockchain project’s founder, has been actively debating Terra ecosystem resurrection strategies, and one specific proposal will be voted on May 18. The goal is to fork the blockchain into […]

Pocket Network will provide NEAR developers with easy Web3 app deployment.

May 17, 2022

  Pocket Network will provide NEAR developers with easy Web3 app deployment. Pocket Network claims that the latest connection with NEAR enables native developers to distribute their apps on other supported blockchains including Ethereum, Solana, Polygon, and others. Pocket Network, a relay infrastructure middleware protocol, revealed a service integration to increase NEAR blockchain network bandwidth […]

Grayscale Investments has launched the first European cryptocurrency ETF.

May 17, 2022

Grayscale Investments has launched the first European cryptocurrency ETF. Grayscale Investments, leading digital asset management, has partnered with HANetf to create a crypto-based exchange-traded fund (ETF) in Europe. The business revealed this positive news on May 16th, stating that their ETF is called Grayscale Future of Finance UCITS ETF. Grayscale’s first cryptocurrency-based ETF in Europe […]

Collectors and enthusiasts may now use Onliners Metaverse to transform their image and likeness into eye-catching NFTs.

May 16, 2022

Collectors and enthusiasts may now use Onliners Metaverse to transform their image and likeness into eye-catching NFTs. Nowadays, it appears like everyone and their mother is either starting or aping an NFT project. Many well-known painters have made a fortune from their collections and sewage traders. NFT art is a very collaborative and creative endeavor. […]

A digital euro might be introduced as early as 2026, according to an ECB official.

May 16, 2022

  A digital euro might be introduced as early as 2026, according to an ECB official. Fabio Panetta stated that stablecoins were “susceptible to runs,” much as investing in cryptocurrencies in response to recent market volatility. Fabio Panetta suggested that a virtual euro will most certainly be established within four years, most likely through a […]

Terra (LUNA) trading volume has increased by 200 percent as the market adjusts to the death spiral.

May 15, 2022

  Terra’s (LUNA) trading volume has increased by 200 percent as the market adjusts to the death spiral. Despite the hazards, Terra’s ‘crazy volatility’ remains an appealing market for many short-term investors, owing mostly to LUNA’s 600% rise in value on May 14. It just took seven days for the Terra (LUNA) ecosystem to collapse, […]

Dagestan Authorities Seize Over 1,500 Crypto Mining Rigs in Crackdown

May 15, 2022

  Dagestan Authorities Seize Over 1,500 Crypto Mining Rigs in Crackdown According to Tass, officers from Dagestan’s Ministry of Internal Affairs and the Federal Security Service discovered a vast crypto mining farm in Makhachkala, the Russian republic’s capital city. According to an information release, the agency confiscated 1,476 devices that create virtual money. According to […]

Bitcoin Whale Breaks Eight-Year Silence With $30 Million BTC Transfer

May 15, 2022

  Bitcoin Whale Breaks Eight-Year Silence With $30 Million BTC Transfer Following an eight-year hiatus, a Bitcoin (BTC) Whale unexpectedly traded $30 million in BTC. Blockchair revealed that on November 20th, 2013, the identical address got 1,000 BTC valued at $567,600 at the time. The Bitcoin sat in one wallet until it was transferred as […]

Binance CEO CZ will assist the Terra community, but he expects greater openness.

May 15, 2022

  Binance CEO CZ will assist the Terra community, but he expects greater openness. CZ stated that “minting and forking don’t produce value,” referring to the possible concerns with forking Terra. Changpeng “CZ” Zhao, CEO of cryptocurrency exchange Binance, publicly questioned the concept of hard forking the Terra blockchain to revitalize the once-thriving LUNA and […]

Logan Paul, according to Zachxbt, is behind a number of cryptocurrencies “pump and dump” operations.

May 15, 2022

  Logan Paul, according to Zachxbt, is behind a number of cryptocurrencies “pump and dump” operations. Zachxbt, an on-chain investigator, has returned with a thread on Logan Paul and his claimed litany of dubious actions in the crypto world. Based on his transaction records, the pseudonymous detective detailed some of the various schemes Logan Paul […]

Elon Musk Offers $43 Billion for Twitter Takeover — A “Hostile” Takeover?

May 14, 2022

  Elon Musk Offers $43 Billion for Twitter Takeover — A “Hostile” Takeover? Musk released a bid for Twitter on Thursday, offering $ forty-three billion, or $54.20 consistent with proportion, in submission to American Securities and Exchange Commission – simplest weeks after turning into the social media company’s biggest character shareholder. He has the method […]

Germany declares cryptocurrency gains tax-free after one year, even if they are used for staking or lending.

May 14, 2022

  Germany declares cryptocurrency gains tax-free after one year, even if they are used for staking or lending. The German Ministry of Finance has issued an official letter clarifying that the sale of crypto assets after one year is tax-free, even if the coins are used for staking and lending. The German Ministry of Finance […]

Crypto.com unblocks users and reverses glitched LUNA trades that generated 30-40x returns.

May 14, 2022

  Crypto.com unblocks users and reverses glitched LUNA trades that generated 30-40x returns. On May 13, Crypto.com immediately suspended trading when an internal tool spotted the system reporting false LUNA pricing. As Terra’s death spiral witnessed an unrecoverable price drop of LUNA and stablecoin UST, Crypto.com was one of the only crypto exchanges to keep […]

Prosecutors in the United States have recommended that BitMEX co-founder Arthur Hayes serve at least one year in jail.

May 14, 2022

Prosecutors in the United States have recommended that BitMEX co-founder Arthur Hayes serve at least one year in jail. Prosecutors withinside the United States have issued sentencing advice withinside the case of BitMEX co-founder Arthur Hayes, who annoyed no less than 12 months in prison. On May 12, prosecutors in Manhattan supplied their sentencing advice […]

Germany Declares No Tax On Crypto Sales For Investors Who Hold For One Year

May 13, 2022

Germany Declares No Tax On Crypto Sales For Investors Who Hold For One Year   Crypto merchants, according to Katja Hessel, German Parliamentary State Secretary, may be eligible for tax breaks on the selling of digital currencies. Furthermore, if they have kept their assets for a year or longer, they will not have to pay […]

‘A Dark Day for Crypto’ – An In-Depth Look at the Destroyed Terra Token Ecosystem and Damaged Apps

May 13, 2022

    ‘A Dark Day for Crypto’ – An In-Depth Look at the Destroyed Terra Token Ecosystem and Damaged Apps People became concerned about the Terra-based stablecoin terrausd (UST) five days ago when it deviated slightly from the $1 parity. At the time, rumours and conjecture about Terra’s stablecoin collapsing spread like wildfire. Do Kwon, […]

Will Bitcoin Price Recover After Its Deepest Drop Since 2020?

May 13, 2022

  Will Bitcoin Price Recover After Its Deepest Drop Since 2020? Bitcoin’s (BTC) price fell to its lowest level since December 2020 on May 12, as a result of the current crypto market massacre. The current negative pattern is very comparable to the previous mid-season bearish trend, which ran from May to June 2021. Bitcoin’s […]

Snoop Dogg & The Exclusive Drop With Cardano

May 13, 2022

Legendary rapper and new proprietor of Death Row Records Snoop Dogg released an NFT collaboration with an exceptional metaverse undertaking at the Cardano blockchain early this week in hopes to begin his first formal metaverse play with a bang.  Snoop Dogg has had his truthful proportion of engagement in crypto which can be seen as […]

Terra Blockchain has temporarily halted block production and plans to restart the network with a patch.

May 13, 2022

Terra Blockchain has temporarily halted block production and plans to restart the network with a patch. The Terra blockchain had stopped creating blocks around mid-afternoon Eastern Standard time at the time of publishing. According to the team’s Twitter account, the Terra blockchain was formally terminated at a block high of 7603700. Following significant $LUNA inflation […]

Madonna’s naked NFT debut elicits a range of reactions from the public.

May 13, 2022

Madonna’s naked NFT debut elicits a range of reactions from the public. The music icon has teamed up with record-breaking artist Beeple to develop the Mother of Creation series, which contains three nonfungible tokens (NFTs) labelled Mother of Technology, Mother of Nature, and Mother of Evolution. The NFTs depict Madonna in 3D giving birth to […]

The Terra-Based DeFi Protocol Anchor proposes lowering UST yield rates to 4%.

May 12, 2022

The Terra-Based DeFi Protocol Anchor proposes lowering UST yield rates to 4%. As the Terra ecosystem explores steps to safeguard UST’s peg with US dollars, participants in the Terra-based decentralized finance (DeFi) protocol Anchor have advocated decreasing terraced (UST) rates to an average of 4% from the current 19.5 percent. “Reduce minimum interest rates to […]

First Mover Asia: Crypto Market Decline Highlights Unpredictability; Bitcoin Maintains $31,000

May 11, 2022

First Mover Asia: Crypto Market Decline Highlights Unpredictability; Bitcoin Maintains $31,000 First Mover Asia: Crypto Market Decline Highlights Unpredictability; Bitcoin Maintains $31,000. Although bitcoin and ether shook, Terra’s LUNA plummeted in Tuesday trade. The Terra ecosystem’s native token has dropped more than 53% in the last 24 hours as the organization’s UST stablecoin continues to […]

New York digital media company is the latest to include Bitcoin on its balance sheet

May 11, 2022

New York digital media company is the latest to include Bitcoin on its balance sheet While the acquisition had no bearing on the billions of dollars in Bitcoin owned by other companies, the corporation claims it might have profited $1.2 million if it had sold its holdings at the conclusion of the first quarter. Townsquare Media, […]

As sentiment falls to 10-month lows, cryptocurrency liquidations reach $1 billion

May 11, 2022

As sentiment falls to 10-month lows, cryptocurrency liquidations reach $1 billion Following the price drop, the crypto market saw significant liquidation. Coming off the weekend, the market has had one of its greatest drops, with bitcoin falling below $30,000 for the first time this year. This has resulted in hundreds of millions of dollars in […]

As WAVES rallies on Monday, the biggest movers are DOT, ADA, and SHIB, which are all down more than 10%.

May 10, 2022

As WAVES rallies on Monday, the biggest movers are DOT, ADA, and SHIB, which are all down more than 10% The crypto marketplace dip on Monday drove several tokens down, with Cardano, polkadot, and Shiba Inu all plummeting by greater than 15%. Despite this, there had been some good-sized outliers to begin the week, certainly […]

El Salvador Purchases 500 Bitcoins in the midst of the cryptocurrency bloodbath

May 10, 2022

El Salvador Purchases 500 Bitcoins in the midst of the cryptocurrency bloodbath El Salvador has purchased the bitcoin drop. During a crypto market sell-off, Salvadoran President Salvador Allende stated that his nation had acquired 500 additional bitcoins. Since El Salvador made cryptocurrencies legal tender, the Salvadoran government has acquired a total of 2,301 bitcoins. El […]

Investors Flee Terra Anchor as UST Stablecoin Repeatedly Loses $1 Peg

May 10, 2022

Investors Flee Terra Anchor as UST Stablecoin Repeatedly Loses $1 Peg Anchor, the Terra blockchain-based yield-generating protocol, has had $5 billion in deposits, or more than a third of the total, disappear over the last few days, in what amounts to a crypto-style bank run on one of the blockchain industry’s most popular initiatives. Deposits […]

OpenSea Discord Server Compromised, Phishing Links Posted

May 10, 2022

OpenSea Discord Server Compromised, Phishing Links Posted OpenSea, the main NFT marketplace, had its Discord server hacked in order to execute frauds. PeckShield, a blockchain security business, and other users’ tweets drew attention to the situation. As a consequence, OpenSea validated the action taken in response to the problem. One of the customers expressed concerns […]

SEC Charges Nvidia $5.5 Million as a fine As They Failed To Disclose Crypto Mining Significantly Boosted Its Revenue

May 10, 2022

SEC Charges Nvidia $5.5 Million as a fine As They Failed To Disclose Crypto Mining Significantly Boosted Its Revenue SEC Charges Nvidia $5.5 Million. The SEC fined Nvidia $5.5 million after deciding that it neglected to reveal essential sales data in its 2017-2018 revenue reports. The slap on the wrist was followed by a formal […]

NFT market is well-positioned to grow 35% into a $13.6B industry by 2027

May 10, 2022

NFT market is well-positioned to grow 35% into a $13.6B industry by 2027 NFT market is well-positioned to grow. Trends related to the global NFT increase will keep to determine withinside the increasing engagement of mainstream influencers, gaming communities, and expanded call for virtual works of art at some point in the subsequent 5 years. […]

Multi Protocol Decentralized Exchange Bashoswap Is Set to Launch It’s DEX on Cardano

May 9, 2022

Multi Protocol Decentralized Exchange Bashoswap Is Set to Launch It’s DEX on Cardano Multi-Protocol Decentralized Exchange Bashoswap Is Set to Launch Its DEX on Cardano. Bashoswap, a Cardano-based decentralized exchange that will be compatible with both the Cardano and Milkomeda networks, is scheduled to launch on the Cardano test net in the coming months. A […]

Coinbase took out the 1st Bitcoin-supported loan from Goldman

May 4, 2022

Coinbase took out the 1st Bitcoin-supported loan from Goldman America’s biggest crypto exchange Coinbase has been disclosed as the mystery company that took out 1st BTC-backed loan from Goldman Sachs. Goldman Sachs has 2.5 trillion dollar assets under management as of 2021. Loan published by Goldman Sachs had been taken out by Coinbase as a […]

MicroStrategy may examine prospective yield generation opportunities on 95,643 BTC holdings

May 4, 2022

MicroStrategy may examine prospective yield generation opportunities on 95,643 BTC holdings Business intelligence company MicroStrategy said it will contemplate chances for yield generation on 95,643 unencumbered Bitcoin. In MicroStrategy’s announcement for the 1st quarter of 2022, the company said it may conservatively examine future yield generation chances on unencumbered MacroStrategy BTCs as a deliberation following […]

Crypto.com or CRO falls 30% as staking prizes are sliced

May 3, 2022

Crypto.com or CRO falls 30% as staking prizes are sliced The world’s 6th largest trade has shot itself in the foot by declaring significant deductions in prizes for its Visa cardholders, affecting the CRO rate to the tank. Crypto exchange Crypto.com declared serious deductions to CRO staking costs for maximum tiers of its VISA prepaid […]

More than $1.6B abused from DeFi in 2022 so far

May 3, 2022

More than $1.6B abused from DeFi in 2022 so far The decentralized finance or DeFi space has been flush with hacks, exploits and cheatings so far this year, with more than $1.6B in crypto stolen from users, exceeding the whole amount stolen in 2020 and 2021 together. Estimation from blockchain security company CertiK disclosed the […]

Hawaii Senate councils favor task force to govern crypto, blockchain

May 3, 2022

Hawaii Senate councils favor task force to govern crypto, blockchain Two councils of the Hawaii State Legislature Commerce and Consumer Protection or CPN and Ways and Means WAM unanimously authorized the launch of a specialized task force to analyze the use and legislation of the crypto ecosystem. In a letter, legislative members Donovan Dela Cruz […]

Argentina’s hugest two banks to enable crypto trading

May 3, 2022

Argentina’s hugest two banks to enable crypto trading Argentina’s hugest bank has enveloped crypto and will enable its consumers to start buying 4 crypto assets comprising BTC through their accounts at the bank. Argentina’s hugest and 2nd biggest private banks, Banco Galicia and Brubank have declared that they will allow consumers to make crypto purchases. […]

Algorand evolves as 1st US blockchain backer of FIFA World Cup

May 3, 2022

Algorand evolves as 1st US blockchain backer of FIFA World Cup Blockchain system Algorand or ALGO has joined hands with FIFA, inking a sponsorship and specialized partner contract as the system becomes the soccer federation’s 1st official blockchain forum. The treaty was announced on Monday, 2nd May will also see Algorand evolve as a regional […]

Solana bears 7th outage in 2022 as bots occupy the system

May 2, 2022

Solana bears 7th outage in 2022 as bots occupy the system NFT punching bots on Solana contributed over 4M transactions per sec, blowing validators out of consensus and slamming the system for over 7 hours. The Solana system endured a 7 hour outage overnight due to a huge number of transactions from the NFT coining […]

ETH gas price rises as Yuga Labs cashes in $300M selling Otherside NFTs

May 2, 2022

ETH gas price rises as Yuga Labs cashes in $300M selling Otherside NFTs While the Otherdeed NFTs could be punched only in APE, it also needed ETH for gas fees. While the population was an observer to the hugest nonfungible token mint yet, Ethereum gas rates rose to phenomenal degrees. Bored Ape Yacht Club inaugurated […]

BTC ATM installation downshift proceeds for the 4th month in 2022

May 2, 2022

BTC ATM installation downshift proceeds for the 4th month in 2022 BTC ATM installation deceleration proceeds in April of 2022. The apparent deduction in the installations of crypto ATMs could result from the controllers’ reluctance to approve the BTC ecosystem. Based on the information given by Coin ATM Radar says that the year 2021 saw […]

Coinbase CEO answers to insider trading statements with modifications for token listings

April 30, 2022

Coinbase CEO answers to insider trading statements with modifications for token listings Brain Armstrong said that there is always the chance that somebody from Coinbase could leak data to strangers employing illicit action. After some crypto detectives made allegations of insider trading by people potentially related to Coinbase, CEO Brian Armstrong said the crypto exchange […]

Belgian economic regulator FSMA to govern crypto exchange services

April 30, 2022

Belgian economic regulator FSMA to govern crypto exchange services Crypto service providers must attain 7 conditions that comprise being constituted in the shape of a firm with a minimum capital of approximately $52,725. A new statute assessed by Belgium’s economic regulatory agency, the Financial Services and Markets Authority, FSMA, will now employ crypto trades and […]

Former Blockstream Executive says DeFi is not decentralized

April 29, 2022

Former Blockstream Executive says DeFi is not decentralized Samson Mow is the former main strategy officer at Blockstream. He is also the founder of JAN3. He is sure that most decentralized finance programs can’t play against Bitcoin when it comes to giving a beneficial monetary web because of their scarcity of decentralization. As Mow brought […]

Minecraft-related originators draw up promises for NFT and DAE

April 29, 2022

Minecraft-related originators draw up promises for NFT and DAE The committee did not seem to be convinced with the recent direction of GameFi. Climate Replay, which includes developers from the Mojang Group, the producer of the prominent Minecraft series, published a promise respecting the accountable integration of NFTs and digital currencies into gaming. The team […]

Goldman Sachs proposes 1st Bitcoin-backed loan as Wall Street surrounds crypto

April 29, 2022

Goldman Sachs proposes 1st Bitcoin-backed loan as Wall Street surrounds crypto Goldman Sachs has requested its 1st Bitcoin-backed loan, showing further signs of increased interest in digital currency from Wall St institutions. A spokeswoman from Goldman said to Bloomberg that the multinational investment bank had lent currency collateralized by Bitcoin owned by the borrower for […]

The NFT area is launched to move around $800B over the next 2 years

April 29, 2022

The NFT area is launched to move around $800B over the next 2 years More than 50 percent of respondents brought out that they have a HODL intellect and see a fortune where NFTs could be crucial items in games. Though NFTs have been a portion of the digital currency market since 2014, interest and […]

Singaporean investors craving for crypto is important to mainstream adoption

April 29, 2022

Singaporean investors craving for crypto is important to mainstream adoption Independent Reserve’s survey disclosed a powerful affinity for several economic changes brought forward by decentralized finance and other undertaking chances. As Singapore proceeds to play an effective part in boosting crypto adoption across the Asia-Pacific region, the nation’s 1st licensed crypto exchange Independent Reserve conducted […]

Grayscale to improve crypto fund contribution to Europe

April 28, 2022

Grayscale to improve crypto fund contribution to Europe Michael Sonnenshein, the CEO said that the corporation’s European rollout would be done bit by bit due to several regulatory authorities and investor beliefs. Grayscale Investments is scheming to improve its product contributions into Europe to thump into a thriving institutional need for digital currencies in the […]

Colorful billionaire’s Dubai real estate company now approves BTC and ETH

April 28, 2022

Colorful billionaire’s Dubai real estate company now approves BTC and ETH DAMAC Properties’ general manager of operations Ali Sajwani said that giving yet another transactional method is exciting, and they are pleased to understand the value this technology gives rise to the customers. Multi-billion dollar Dubai-based real estate creator DAMAC Properties has begun approving Bitcoin […]

BlackRock inaugurates blockchain industry ETF, titles crypto as 1 of 3 huge chances

April 28, 2022

BlackRock inaugurates blockchain industry ETF, titles crypto as 1 of 3 huge chances The world’s hugest asset manager has inaugurated a blockchain ETF, giving clients tremendous disclosure to crypto and blockchain-related firms. BlackRock has officially inaugurated a blockchain-focused exchange-traded fund or ETF that gives investors disclosure to the crypto and blockchain business without wanting to […]

Central African Republic soon to accept Bitcoin as legal tender

April 28, 2022

Central African Republic soon to accept Bitcoin as legal tender The African country will enroll in a shortlist of nations to accept digital currency as legal tender. The approximately 5 million citizens of the Central African Republic or CAR, will now be able to use BTC in addition to the nation’s franc as legal tender. […]

US Senate verifies Lael Brainard as Fed vice-chair

April 27, 2022

US Senate verifies Lael Brainard as Fed vice-chair In a 52–43 vote on the Senate floor, U.S. legislators substantiated Lael Brainard as vice-chair of the Federal Reserve System for 4 years. The United States Senate has substantiated the appointment of Lael Brainard who is a member of the Federal Reserve’s board of directors, as the […]

Top News

Mercadolibre Inks Partnership With Mastercard to Secure Its Crypto Ecosystem in Brazil

  Mercadolibre Inks Partnership With Mastercard to Secure Its Crypto Ecosystem in Brazil Mercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to secure the cryptocurrency ecosystem of the company. Through this partnership, Mercadolibre will be able to use Mastercard’s Ciphertrace technology, to allow […]

Optimistic hacker admits they are whitehat, returns the majority of the money they took

Optimistic hacker admits they are whitehat, returns the majority of the money they took The project developers have been asked to provide a return address for the tokens that remain in the custody of optimism hacker, who has acknowledged that they are a whitehat hacker. By taking advantage of a botched transaction involving liquidity provider […]

In response to Valve’s prohibition on blockchain games, Gala Games unites with Fortnite creator Epic Games.

In response to Valve’s prohibition on blockchain games, Gala Games unites with Fortnite creator Epic Games. Gala Games (GALA), a blockchain gaming company and Epic Games have agreed to publish Gala’s tiles on the Epic Games Store. The Epic Games Store, a marketplace for PC and Mac compatible games, debuted in 2018. The publishing agreement […]

President of Kazakhstan Signs Bill Increasing Taxes for Crypto Miners

President of Kazakhstan Signs Bill Increasing Taxes for Crypto Miners The President of Kazakhstan, Kasem Jumart Tokayev, has signed a bill to change the country’s tax code to establish higher tax rates for cryptocurrencies. This rate is based on the amount and average price of electricity used to mine digital currencies like Bitcoin. Kazakh President […]