coin
Why Did John McAfee Abandon His Ghost Privacy Coin Project?
Crypto advocate and technology pioneer John McAfee recently announced on Twitter that he has abandoned his Ghost privacy coin project.
KPMG Partners with Coin Metrics to Boost Institutional Crypto Adoption
KPMG has teamed up with Coin Metrics to enhance institutional adoption of blockchain and cryptoassets offering proprietary analytics, trusted data & insights.
Reasons Behind the Success of the Binance Coin
Since the beginning of 2019, Binance Coin (BNB) has been at the top of the list of popular cryptocurrencies, increasing in price by more than 200% in three months. This year, the token exceeded the performance of bitcoins (38.9%), Ethereum (30.7%), Litecoin (187.8%) and almost all other cryptocurrencies.
Kraken Donates $100K to Cryptocurrency Think Tank Coin Center, Following Grayscale’s Footsteps
Kraken crypto exchange has applauded Coin Center for the crypto research institute has played in furthering the cryptocurrency industry.
The Electric Coin Company Officially Passes Zcash Trademark to Zcash Foundation
The Electric Coin Company (ECC) stated that it is officially passing the Zcash trademark registration and protection to the Zcash Foundation by signing a contract.
J.P. Morgan Creates Onyx Blockchain Unit As JPM Coin Leveraged for Cross-Border Payments
JPMorgan Chase has set the ball rolling by deploying its digital currency, the JPM Coin, for commercial purposes creating a new blockchain business unit dubbed Onyx.
US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft
Two Chinese nationals, Tian YinYin and Li Jiadong were sanctioned yesterday by the US Government yesterday for their alleged involvement in laundering stolen cryptocurrency from a 2018 cyberattack. The pair have been charged with stealing nearly $250 million in virtual assets and laundering the money through converting BTC to USD and Chinese Yuan as well as through iTunes gift cards.
Investors Should ‘Seriously Consider’ Selling Some Crypto, says Ripple CTO as Bitcoin Tops $64,500
As many cryptocurrencies have undergone a bull run on the back of Coinbase’s direct listing, Ripple Chief Technology Officer David Schwartz has remarked that investors should liquidate some of their cryptocurrency holdings, particularly if they have a sizeable amount.
Marathon Digital Generated 184 BTC in Aug, Total Holding 10,311 BTC
Marathon Digital stated that as of August 31, 2022, it holds 10,311 BTC, with a total value of $206.7 million, and produced 184 BTC in that month.
S. Korean Regulators Oppose Busan's Regulatory Measures for Foreign Crypto Exchanges
South Korean financial authorities expressed their opposite stance against Busan City to provide special regulatory support for partners to establish digital asset exchanges.
Ethereum Could be Bigger Than Bitcoin by Market Cap in 10 Years, says Raoul Pal
Although Pal still believes that Bitcoin is the perfect collateral layer, he believes Ethereum may overtake Bitcoin by market cap in 10 years.
Bitcoin Set to End the Year with a Bang With Biggest Monthly Gain Since May 2019
Bitcoin is on track for its biggest monthly gain since May 2019.
CEO Jack Dorsey On Why the Future of Twitter Lies in Blockchain
Twitter CEO Jack Dorsey discussed Bitcoin and how blockchain technology can be leveraged to counter security breaches in an increasingly digital world.
Binance Completes 21st Quarterly BNB Burn With $548M BNB Destroyed
Following its quarterly burn, the Binance (BNB) Chain has successfully eliminated $548 million worth of BNB; however, the market remains unaffected.
Russian PM Considers Digital Assets for Cross Border Payment
Mikhail Mishustin, the Prime Minister of Russia, has hinted at the need to incorporate digital assets into the country’s economy as a way to ensure sustainable payment for goods and services in international trade.
Crowd Sentiment towards Crypto Turns Bearish as Inflation Data Looms
The crypto market has not yet been able to find the right footing based on tightened macroeconomic factors and Russia’s invasion of Ukraine.
Stablecoin USDC Issuer Circle Launches Verit-based Institutional Digital Identity System
On October 1, Circle, the US dollar stablecoin USDC issuer, announced the launch of an institutional digital identity system based on Verit, an open source framework for the issuance, custody and verification of decentralized identity credentials.
Oracle Red Bull Racing Streaks Ahead
Transcending Worlds: Oracle Red Bull Racing and Partners Make History Oracle Red Bull Racing and Partners create perfect storm of creativity, innovation, and passion
Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO
One of China’s largest bitcoin mining hardware makers, Canaan Creative, publicly filed for a U.S. IPO on Monday, The Block Reports.
Krafton Partners with Solana Labs to Develop blockchain-based Games
Game developer for PC and mobile devices Krafton partners with Solana Labs to develop blockchain-based games and services in the Metaverse world.
Millennium Management Hedge Fund Gains Exposure to Bitcoin through Grayscale
Millennium Management has gained exposure to Bitcoin (BTC) through Grayscale Bitcoin Trust (GBTC).
Plan to Reboot Terra Ecosystem as Terra 2.0 Wins Approval
The proposal to revive the troubled Terra network as Terra 2.0 got the green light from the community. Nevertheless, the controversial algorithmic UST stablecoin will not be part of the rebirth.
Why MicroStrategy Invested $425M in Bitcoin Rather than Gold
Michael Saylor says that Bitcoin is digital gold and explains his choice in diversifying his company’s investment portfolio with BTC over gold.
Singapore Exchange Launches SGX iEdge Bitcoin Index and iEdge Ethereum Index with CryptoCompare
Singapore Exchange (SGX) will launch crypto indices—the iEdge Bitcoin Index and iEdge Ethereum Index.
Grayscale Files with US SEC to Convert GBTC Into Bitcoin Spot ETF
Grayscale believes that if the SEC approves a futures-based ETF, the agency should be open to approve the physical based ETFs.
Animoca Brands' Yat Siu Foresees Fruitful 2024 with Strategic Investments and Partnerships Amid Rising Bitcoin Interest
Yat Siu of Animoca Brands predicts profitable outcomes in 2024 due to increased Bitcoin interest among mainstream institutions.
BlockFi to Sell $160 Million in Bitcoin Mining Machine
BlockFi aims to offer $160 million in loans secured by 68,000 Bitcoin mining equipment. November saw the crypto lender declare Chapter 11 bankruptcy. Defaulted loans may be undercollateralized.
Samsung Investment Exploring Hong Kong Spot-Bitcoin ETF
Samsung Asset Management is exploring a Hong Kong spot Bitcoin ETF. The Hong Kong Exchanges and Clearing Market, Asia's sole Bitcoin futures exchange, launched the company's Bitcoin futures ETF on Jan. 13.
Ethereum Releases Validator Launchpad for ETH 2.0 Testnet
Ethereum software developers finally released the validator launchpad for ETH 2.0, which enabled users to participate in the testnet’s Proof-of-Stake.
Rwanda’s Central Bank is Planning to Issue Its Own Digital Currency
Rwanda’s Central Bank, the National Bank of Rwanda is researching ways to issue its own digital currency.
FSB Releases High-Level Recommendations for Global Stablecoin Regulation
The Financial Stability Board (FSB) has published a comprehensive report outlining key recommendations for the regulation, supervision, and oversight of global stablecoin (GSC) arrangements. The report aims to address potential financial stability risks posed by GSCs at both the domestic and international level.
16.4% of Total Bitcoin Supply Back to Profitability as Daily BTC Addresses Edge Closer to the 1M Mark
16.4% of total BTC supply is back to profits, which indicates that approximately 3.08M BTC were last spent, and thus have an on-chain costs basis in this price range.
Central Banks Doubt Cryptocurrency Limited Role in Reserve Operations
A survey conducted by UBS investment bank shows that central banks do not expect a cryptocurrency to replace gold as a digital reserve asset.
KuCoin Rolls Out $100m Creators Fund to Accelerate Web3 Growth, Empowering Early-Stage NFT Projects
Crypto exchange KuCoin has announced a $100 million “Creators Fund” to enhance the Web3 ecosystem and support early-stage NFT projects in sports, arts, GameFi, and celebrities.
Worldcoin (WLD) Advances Privacy with Personal Custody for Iris-Scanned IDs
Worldcoin introduces Personal Custody, enhancing user control over biometric data generated via iris-scanning orbs for secure ID verification.
Blockchain.News is now available on Dow Jones Factiva Database
Industry insights, analysis, and exclusive interviews from Blockchain.News are now available on Dow Jones Factiva—a database that aggregates more than 33,000 trusted, high-quality news and content sources from across the globe.
Why Did Venezuela Block Citizens’ Access to Coinbase Crypto Exchange?
Venezuela has blocked access to Coinbase crypto exchange and MercaDolar fiat remittance platform, but why?
How Will Litecoin Perform in 2021?
Litecoin has gained momentum since March 2020 but it is also trading significantly below its all-time high making the cryptocurrency a solid contrarian bet right now.
P2E Games Need To Emphasize Their Narrative And Artwork Over Quick Monetization Efforts
The first generation of play-to-earn blockchain games has sparked global excitement. But unfortunately, one can't turn a blind eye to their glaring weaknesses and oversights either. For example, building a sustainable game requires a substantial focus on story, artwork, and content rather than monetization.
May 11: If You Can't Handle Me at My Worst, then You Don't Deserve Me at My Best...
What a volatile Sunday for Bitcoin as it plunged from $9,800 to $8,100 in a single hour, a very large outsized move for a weekend trading session that even Coinbase suffered an outage. There was no news/catalyst, instead I think it was a planned outsized sale that happened. A likely scenario is that a coordinated selling or take-profit via OTC and exchanges.
Cisco Partners with SingularityNET to Decentralize Artificial Intelligence with Blockchain
Tech conglomerate Cisco and decentralized artificial intelligence (AI) firm SingularityNET have reached a partnership to develop a decentralized Artificial General Intelligence (AGI) project. The ambitious project aims to create more advanced AI technologies that will soon be able to exceed human abilities to learn and perform new tasks.
Two Chinese Agents Charged for Bribing US Law Enforcement Officer with Bitcoin
The US has charged two Chinese intelligence officers with obstruction of justice for bribing a US government employee with $61,0000 in Bitcoin.
Bitcoin Recovers Its Losses After Early Week Plunge and Manages to Maintain Price above a Crucial Level
Bitcoin has rebounded after a steep plunge experienced earlier this week, which left investors hypothesizing about what lies ahead of the leading crypto asset.
Coinbase Going Public Might Not Benefit Cryptocurrency Market After All
Coinbase has allegedly started moving towards a stock market listing that could reportedly occur as early as this year—but would that necessarily enhance exposure for mainstream investors to the crypto market?
Warren Buffett Ditches US Dollar, Bitcoin Price Set to Soar
As the US dollar keeps plummeting, Max Keiser revealed that Warren Buffett has moved his assets out of the US market, setting Bitcoin for its next surge.
Utah Man Ordered to Settle Over $2.5 Million for Bitcoin Fraud by CFTC
Utah-based Jacob Orvidas has been ordered by the Commodity Futures Trading Commission (CFTC) to pay over $2 million and face a $500,000. The order revealed Orvidas deceived at least four individuals into investing in a leveraged Bitcoin commodity pool, claiming significant profits and monetary safety. He also failed to register as a commodity pool operator.
Crypto Watchlist: Biggest Losers This Week (AVAX, MATIC, KCS)
With most coins trading in the negative, here is a look into the three coins with the biggest weekly losses.
Binance Launches Incentive Campaign for USDC-M Perpetual Contracts
Binance launches a dual-incentive promotional campaign for USDC-margined perpetual contracts, targeting deposits and trading activities to stimulate market engagement and diversify trading options in the crypto futures market.
Former facilities worker who allegedly set up a secret cryptocurrency mining operation
After skipping a court arraignment session, Nadeam Nahas faces arrest for using a school's energy for bitcoin mining.
Digihost Plans to Move Mining Rigs from NY to Alabama, Expand Energy to 55 MW in 2023
U.S.-based crypto miner Digihost Technology Inc. plans to move drilling rigs from New York to Alabama, expanding energy capacity to 55 MW in the second quarter of 2023.
Grayscale Launches Bitcoin Mining-Centered Investment Entity
Crypto asset management firm Grayscale plans to launch a new private co-investment opportunity in mining hardware that enriches the bitcoin ecosystem.
Bitcoin Price Has Been Stable, It’s an Altcoin Season Right Now, Says CZ Binance
Bitcoin has been trading sideways for the last few months, with the stability around $9,100. Bitcoin (BTC) has been struggling to gain bullish momentum above $9,200. In an interview with Bloomberg, Changpeng Zhao, the CEO of Binance commented on the stability of the recent Bitcoin price.
Hut 8 Achieves Record High Annual Revenue of $173.8m
A prominent Canadian cryptocurrency mining company, Hut 8, achieves a record high annual revenue of $173.8 million. Bitcoin holdings will increase by 100% to 5,518 by the end of 2021, with a market cap of $323.9 million.
May 20: Be patient, some breakouts take time
BTC's open interest is holding steady while volume for the past few sessions has been slightly lower than the last two week's average that it feels to me we are likely to head into somewhat of a short-term inflection point where we make a decisive break to the up or downside. Just look at the doji candlestick closed yesterday, so here are two scenarios how I think what can pan out over the next few days:
Circle Denies Receiving 'Wells Notice' Over USDC
Circle's CSO refused SEC Wells notices for its USDC token.
Cathie Wood predicts Bitcoin preference shift due to ETFs and growing gold connection
ARK Invest CEO Cathie Wood reports a shift from traditional gold investments to Bitcoin, driven by spot Bitcoin ETFs and its increasing 'risk-off' role, especially during economic uncertainties like the regional bank crisis.
Bitcoin Can’t Drive Financial Inclusion for Unbanked But CBDC Can says Mastercard CEO
Ajay Banga, the CEO of Mastercard believes Bitcoin is unable to function as an inclusive currency for the world’s unbanked due to volatility, CBDCs are a different story.
Bitcoin Surges Past $20,000, Ether Bounces As USD Weakens
Bitcoin surged on Tuesday breaking back above the $20,000 level while major altcoins led by Ether rose on a positive market upturn as the US dollar fell.
Upland and FIFA Officially Launch the FIFA World Cup Qatar 2022™ Experience in The Upland Metaverse
Upland and FIFA have today announced a multi-year partnership that allows the Upland community and football fans worldwide to collect, trade, and own FIFA digital assets and game video highlights, pursuing a joint mission to help fans get a better understanding of how the metaverse and web3 work.
US Congressman Proposes Safe Harbor for Digital Token Issuers in a New Bill
A new bill has just been sponsored by an American lawmaker from North Carolina, Patrick McHenry, seeking to grant a safe harbor for some token transactions
Bitcoin Futures Reaches $50,000, Will Bitcoin Break Through $60K?
After undergoing a correction yesterday, Bitcoin’s price surged to $50K on major crypto exchanges like Binance, Huobi and Bitfinex.
McAfee's Ghostcoin Gets Backing as Payment in Hong Kong
John McAfee's Ghostcoin gets backing for use as a payment coin in Hong Kong across 60 vending machines including Disneyland.
TempleDAO Hacker Moves Stolen Funds to Sanctioned Crypto Mixer Tornado Cash
According to data from block explorer, Etherscan, the attacker of the TempleDAO hack, has moved the funds stolen via the recently sanctioned crypto mixer, Tornado Cash.
What Is a Bitcoin ETF?
Bitcoin ETF is a type of security that tracks the overall price of Bitcoin and enables investors to trade and purchase shares of it on traditional exchanges.
China Continues to Influence Crypto Activities Worldwide, Study says
Blockchain data platform Chainalysis published a report Wednesday, indicating China remains one of the largest cryptocurrency markets worldwide and continues to influence crypto activities worldwide.
B Squared Network Announces Seed Investments by HashKey Capital, OKX Ventures, IDG Capital
B² Network secures significant seed investments from top venture capitals for its innovative Bitcoin Layer 2 solutions, aiming to transform Bitcoin's utility and adoption in the crypto ecosystem.
Over Half of Crypto Token Listings Show Signs of Insider Trading, Reveals Solidus
In an eye-opening study, Solidus, a leading crypto market integrity platform, has uncovered signs of insider trading associated with more than half of all cryptocurrency token listings since 2021.
Paxos Discusses BUSD Stablecoin With SEC Following Wells
Paxos CEO Charles Cascarilla said the business was "engaged in productive negotiations" with the SEC and will continue to communicate privately.
BitMEX Research: Inflation Aftermath of Coronavirus Financial Crash Will Be Bitcoin's Greatest Test
In the aftermath of the current Coronavirus market crash and the subsequent incoming inflation that will be caused by the response of the Federal Reserve and Central banks, Bitcoin will face its truest test and be given its its biggest opportunity to prove itself in its short lifetime according to new research from global crypto exchange BitMEX.
MicroStrategy Plans to Increase BTC Holding by Selling Class A Shares Worth $500m
MicroStrategy Inc is planning to increase its bitcoin holdings through the net proceeds of its sale of up to $500 million worth of its class A shares.
Blockchain Security Firm Files Patent for Ransomware Solution EB Drive
Blockchain networking company Everything Blockchain, Inc. applies for a patent for its Blockchain drive (EB Drive).
UK Could Be The Next Crypto-Friendly Nation As Rishi Sunak Becomes Next PM
Will Rishi Sunak's appointment as the next UK PM spell good fortune for the crypto industry?
Crypto Lawyers Dispute SEC Chief's Jurisdiction Claims
Lawyers for the cryptocurrency industry have challenged recent comments made by the Chairman of the Securities and Exchange Commission (SEC), Gary Gensler, in which he claimed that all cryptocurrencies except Bitcoin fall under the agency's jurisdiction. The lawyers argue that the SEC must prove its case in court for each token individually before it can claim jurisdiction over them.
Iranian Crypto Miners get Cut Off as Country Activates Energy Saving Mode
The Iran Grid Management Company, also known as the Tavanir, has cut off the power supply to the country’s licensed cryptocurrency miners, a significant step against its backing for the controversial adventure.
Paypal will Enable Crypto Withdrawals to External Wallets
Paypal will enable crypto wallet withdrawal to external wallets, confirmed by one of its executives.
Crypto Exchange Coinsmart Announces Donations for Ukrainian Humanitarian Crisis
Canada-based cryptocurrency exchange CoinSmart announced it would donate aid for the emergency humanitarian crisis in Ukraine to help Ukrainian refugees.
Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong
Cryptocurrency exchange Huobi has reportedly been planning a reverse initial public offering (IPO) according to a document revealed by the Hong Kong Stock Exchange (HKEX).
Blockchain Infrastructure Firm Chain Completes Acquisition of MDT for $100m
Chain announced that the $100 million deal will provide the company with assets, including MDT, cash-back application RewardMe and financial data protocol MeFi.
Gold Regains Its Old Shines While Bitcoin Struggles to Maintain $37,500 Level
Gold moves higher while Bitcoin still struggles to maintain the support of around $37,000.
Reasons Why Bitcoin May Fall to the $40,000 Level
According to Glassnode, institutions and investors holding a large amount of Bitcoin reduced their holdings by 140,000 Bitcoins in February, which is equivalent to a reduction of 67.2 tenths since the beginning of this month.
Iran Government Offers Up To 20% Reward To Anyone Who Exposes Illicit Cryptocurrency Mining In The Country
Iran just offered a reward to anyone who exposes illicit cryptocurrency mining in the country.
Worldcoin Faces Investigation by Germany's Regulator
The Bavarian State Office for Data Protection Supervision has initiated an investigation into the Worldcoin crypto project, a new initiative that requires users to provide iris scans in exchange for a digital ID and potentially free cryptocurrency, according to Reuters.
Miami Plans to Distribute "Bitcoin Yields" To Local Residents
Miami is working on a plan to pay its citizens “Bitcoin yield” from the city’s cryptocurrency known as MiamiCoin.
Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC
Paxos Trust Company announced that it will go ahead with the launch of its blockchain-enabled Paxos Settlement Service after receiving No-Action relief from the U.S. Securities and Exchange Commission (SEC).
Animoca Brands Reached Agreement to Acquire Game Developer WePlay Media
On September 16, according to the official announcement, Blockchain gaming, and investment company, Animoca Brands announced that it has acquired WePlay Media, the developer of MotoGP Championship Quest, and reached a membership rights purchase agreement.
NFTs will Outrun Bitcoin due to the Proof of Ownership for Real-World Items, Kevin O’Leary says
Kevin O’Leary believes that NFTs have a bigger shot of surpassing Bitcoin because they can digitally show ownership of real-world things like flash cars or designer watches.
Is the Crypto Market about to Burst? Mark Cuban Compares Crypto Downtrend to Internet Stock Bubble
Shark Tank investor Mark Cuban says that the current crypto market is similar to the internet stock bubble of 1990 but that BTC and ETH will thrive regardless.
Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco
Senator Brown compared Facebook's Libra to the subprime mortgage scenario. His sentiments show the divided debate facing the Libra project.
Galaxy Digital Calls Coinbase Listing a ‘Netscape Moment for Crypto’ as Digital Assets Rise to New ATHs
Coinbase’s listing on Nasdaq has created quite a stir in the cryptocurrency industry and has served to push many cryptocurrencies to new all-time highs (ATHs).
Jim Rogers Predicts Economic Bailout Meltdown, Wall Street Investors will turn to Bitcoin Safe Haven
Chairman of Roger Holdings and prolific American investor Jim Rogers warns that the trillion-dollar bailout will lead to an economic meltdown.
Coinfest Asia Uses Web2.5 Theme and Will Feature Over 100 Speakers
Coinfest Asia 2023 by Coinvestasi is ready to return on August 24-25 2023, in Jimbaran, Bali. Carrying the theme of Web2.5, Coinfest Asia wants to strengthen the linkages between the Web2 and Web3 industries, thus forming a more resilient Web2.5 industry.
PayPal Flags User’s Cryptocurrency Trades as “Risky” and Freezes Remaining Funds
A PayPal user leveraging the financial payment platform’s new crypto features is left indignant after his digital currency trades were flagged.
Top Brazilian Investment Broker to Roll Out Crypto Trading Services in August
XP Inc., a leading Brazilian investment brokerage firm, plans to establish a crypto trading platform by mid-August, offering Bitcoin and Ethereum trading at the early stage.
Argo Bitcoin Miner Sells 637 BTC to Offset Costs & Outstanding Loans
Despite the market plunge, Argo Blockchain recorded increased Bitcoin mining revenues in June. Argo said the success has been attributed to the increased Bitcoin mining produced by S19J Pro machines.
Top Tips for New Bitcoin Investors
Investing in Bitcoin can be a complex and daunting process for beginners. That's why you should learn tips for investing in Bitcoin. Although you've heard stories of people making money from Bitcoin investments, you should be careful when starting.
Digital ETP issuer 21Shares Cooperates with German Bank Comdirect to Provide Crypto ETPs to Savings Accounts
21Shares, a well-known cryptocurrency ETP issuer, announced a partnership with the German online financial services bank Comdirect to diversify more options by providing cryptocurrency ETPs to their customer savings accounts.
Marathon Digital Holdings Sells Some of Its Bitcoin for the First Time
In January, Marathon Digital, the second-largest Bitcoin holder after Michael Saylor's Microstrategy, sold 1,500 BTC.
Cryptos in Space: The Future of Blockchain in the Final Frontier
People began hearing the word blockchain circa 2008. Over ten years ago now, but barely a drop in the boundless stream of time. This nascent technology soon planted its terrestrial roots and spread around many industrial sectors.
Why 74% of Chinese Crypto Miners Are Having Difficulty Paying Their Electricity Bills
Crackdown on money laundering and fraud in the Chinese crypto space has seen cryptocurrency miners pay the price, as cards linked to crypto have been frozen.
Chainalysis Adds Compliance Support to Track Privacy Coins Dash and Zcash
Chainalysis has just launched support for two of the most popular privacy coins, Dash and Zcash. Privacy coins are cryptocurrencies with privacy-enhancing features that allow users to gain total anonymity when making blockchain transactions. Privacy coins protect the identity of the users and the origins of the transactions, taking the anonymous and private nature of Bitcoin to the next level. Comparatively, Bitcoin protects some information, hence remaining pseudo-anonymous. The rest of the information, including transactions, addresses, and balances, is recorded in a public and permanently available ledger.
SEC to Keep Close Watch on Crypto Brokers and Advisers
The SEC stated the 2023 review goals would ensure crypto brokers and advisors follow "respectful standards of care."
Argo Blockchain Increases Daily Bitcoin Production Despite Network Difficulty Spike
Argo Blockchain increased its daily Bitcoin production to 5.7 BTC per day in February, up from 5.4 BTC per day in January, despite a 10% increase in network difficulty.
Central African Regional Bank Seeks to Introduce Common Digital Currency
The Bank of Central African States is considering creating a common Central Bank Digital Currency (CBDC) that would serve its six member states.
Instagram Influencers Sued by Investors for Falsely Promoting Crypto Tokens
Instagram influencers Kim Kardashian and American boxer Floyd Mayweather have been sued by investors accusing celebrities of falsely promoting crypto tokens to mislead investors.
May 8: Are you betting on the fastest horse?
What a day to usher into the weekend. BTC traded past $10k for a bit and now over 7% higher in the past 24 hours. The clear catalyst was Paul Tudor Jones announcing that his $22 billion fund will be investing in BTC a low single digit % of assets because it's a great hedge against a "great monetary inflation". It also reminded him of gold in the 70s, and I thought this was the highlight "At the end of the day, the best profit-maximizing strategy is to own the fastest horse. Just own the best performer and not get wed to an intellectual side that might leave you weeping in the performance dust because you thought you were smarter than the market. If I am forced to forecast, my bet is it will be Bitcoin.” It is also important to note this will largely remove much career risk of any hedge fund manager who wants to allocate into BTC today. Next wave of institutional buyers coming soon? Is that why CME listed futures open interest hit a record high yesterday?
UK to Accept Stablecoins as Form of Payment, Plans to Mint NFT by this Summer
The UK announced to accept stablecoins as a valid form of payment and has set plans to make Britain a global hub for cryptoasset technology and investment.
Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin
Mike Novogratz, the CEO and founder of Galaxy Digital asset management company, explains why he still loves cryptocurrencies.
$3.6B Worth Bitcoins Scam, Founders of South African Crypto Exchange Africrypt Are Missing
The total value of $3.6 billion Bitcoins disappeared while the founders of South African cryptocurrency exchange AfriCrypt are missing.
Stronghold Digital Mining Collects Coal Waste to Power Cryptocurrency Mining
Stronghold Digital Mining, based in western Pennsylvania, has found a new, environmentally friendly way to mine cryptocurrency, Reuters reports.
Institutional Trade-at-Settlement Product for Spot Bitcoin to be Developed by Blockfills and Tassat
Tassat and Blockfills partner with eachother to create an institutional Trade-at-Settlement (TAS) product for spot bitcoin (XBT/USD), which will expectedly to be open in the market for traders in mid-December.
Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan
Russian commercial bank Expobank has set the ball rolling in this nation by issuing a loan secured by crypto tokens, Waves crypto was used as collateral.
FTX and Busan Reaches Deal to Accelerate Blockchain Businesses
The City of Busan and the cryptocurrency exchange FTX signed a business agreement to support the establishment of the Busan Digital Asset Exchange.
Burnt Ether Tops 1 Million ETH as Non-Zero Ethereum Addresses Break the Record
Ethereum has been making notable strides in terms of burnt Ether after crossing the 1 million ETH mark.
Circle CEO Expects Yuan-Backed Stablecoins Despite China's Crypto Ban
According to SCMP, despite the stringent ban on cryptocurrencies in mainland China, Jeremy Allaire, the co-founder and CEO of Circle, a leading operator of the USDC stablecoin, foresees a significant role for yuan-backed stablecoins in the global crypto market.
Bitcoin’s Dominance Peaks as BTC Price Unmoved by XRP's Massive Sell-Off
Bitcoin’s dominance has reached a new high, and BTC’s dominance has not had much rejection so far.
Russia Plans to Use Digital Rouble In Settlements with China, Says Lawmaker
Russia used to resist legalizing crypto. However, it is now willing to embrace the use of cryptocurrency for cross-border payments due to geopolitical tensions.
Institutional Interest in Bitcoin Continues to Rise, Pushing BTC Above $50K - What's Next?
Bitcoin is currently trading above $52,000, as institutional investments continue to push the digital asset to new heights. Will Bitcoin retest its ATH anytime soon?
OneCoin Co-Founder Sentenced to Two Decades in Prison Over Multibillion-Dollar Fraud
Karl Sebastian Greenwood, co-founder of the OneCoin cryptocurrency scheme, has been sentenced to 20 years in prison for deceiving millions of investors worldwide, leading to losses exceeding $4 billion. The scheme, based in Sofia, Bulgaria, was marketed as a revolutionary cryptocurrency, but was later revealed to be a sham. Greenwood and co-founder Ruja Ignatova used the scheme to finance extravagant lifestyles.
Is Bitcoin Gearing Up to Exit the Current Bottom?
Since Bitcoin has been trading above the psychological price of $20K, Glassnode has released its weekly on-chain report titled “Hammering Out The Bottom,” scrutinizing the stakes and the risks that may lay on the road ahead.
Argentina Believes in Bitcoin and Cryptocurrency as Most Effective Hedge Against Inflation, Paxful Survey
Over 70% of Argentines see cryptocurrency, particularly Bitcoin as the most effective way to hedge against inflation and store financial value
Coinbase Will Not Bar Russian Users Unless New Laws Requires: CEO Brian Armstrong
Coinbase CEO says the exchange will not ban Russian users, citing the fact that many citizens are not supportive of the decision of their president to go to war against Ukraine.
Why Bitcoin May Have to Fight the $50K Mark a Bit Longer
Crypto trader Carl Martin believes that $50,000 might be the new resistance level that Bitcoin has to fight to continue its upward momentum.
Chinese Authorities Pressure Bitcoin Miners to Scale Down Operations
Authorities in Sichuan, China has been reportedly pressuring Bitcoin miners to scale down their operations due to electricity shortages. During the dry season, extending from October to April, the electricity supply drops in the province.
Russia's Apex Bank Grants DFA License to Atomyze, the Nation's First
The Central Bank of Russia (CBR) has granted the Digital Financial Assets (DFA) services license to Atomyze LLC, the first startup in the country to become an asset manager.
U.S. Appeals Court Approves Seizure of Over $3 Billion in Bitcoin from Silk Road
The U.S. Ninth Circuit Court has finalized the seizure of 69,370 Bitcoin from Silk Road, worth over $3 billion, following a landmark legal process affirming the government's claim.
Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde
Christine Lagarde, the president of the European Central Bank (ECB), has highlighted that stablecoins could pose a serious threat to monetary sovereignty and financial stability.
Exclusive: How to Achieve Interoperability Between Polkadot and Bitcoin?
Claimed as the candidate of Decentralized Web 3.0 Blockchain interoperability platform, what makes Polkadot so popular? We are glad to speak with Jack Platts, Head of Collaborations of Web3 Foundation to share with us how Polkadot is interoperable with Bitcoin! He also explains the GRANDPA protocol of Polkadot and how Polkadot can interact with Ethereum!
Twitter CEO Endorses Bitcoin For Black America
According to his tweet on February 23rd, while promoting the book discussing Bitcoin’s huge potential benefits to the African-American community, Jack Dorsey, CEO of Twitter who is no stranger to controversies in the media, used the fanbase of his Twitter platform for this cause.
What Happens When AI Meets Bitcoin and Crypto: Insights from Arthur Hayes
Arthur Hayes discusses the potential impact of AI on society, predicting that AI and robotics will eliminate tedious work, leading to a renaissance of art and culture. He believes AI could overtake humans and change the course of humanity overnight. Hayes believes Bitcoin will be the currency of choice for AI due to its digital nature, censorship resistance, and energy purchasing power.
Defiance ETFs' NFT-Linked ETF Soon to Launch in the U.S.
Defiance ETFs' Defiance Digital Revolution ETF (ticker NFTZ) is launching on Thursday and will track blockchain-related firms and the NFT index.
Greenidge Generation’s Bitcoin Mining Production Rose 18% in June
Greenidge produced 230 Bitcoins in June, an increase of 18% compared to production seen in May. The company also has ordered additional 200 mining machines to be on delivery to increase its mining ability.
H.E. Justin Sun Spoke at TOKEN2049
H.E. Justin Sun, founder of TRON and the Permanent Representative of Grenada to the World Trade Organization, attended TOKEN2049 in Singapore. It took place on 28-29 September. Sun was invited to share his insights on the decade ahead in the panel session titled "The Future of Crypto: Navigating the Decade Ahead.”
JPMorgan and CNBC Jim Cramer Predict S&P 500 to Rally to New Highs, Bullish Bitcoin Trend to be Expected
JPMorgan predicts that equities could rally 47% from here, after its 40% rebound from its lows in March, hinting at a possible Bitcoin bull run. Strategists at JPMorgan recently suggested that Bitcoin successfully passed its “first stress test” during March’s global economic crisis.
We Have Sufficient Evidence to Identify Actors Behind Massive Hack on Crypto Exchange, says KuCoin CEO
KuCoin CEO has announced that they have found sufficient evidence to identify the criminals behind the massive $280 million hack on the crypto exchange.
PayPal Expands Talent Hunting in Ireland to Speed up Crypto Development
Global Payment Platform PayPal speeds up to develop its crypto business. The company is seeking more crypto talent to join its team in Ireland, according to local media coverage Sunday.
WILL BITCOIN BECOME A GLOBAL LEGAL TENDER?
Bitcoin may be a sufficiently stable currency for El Salvador and its economy to rely upon. But this is a very small country from the point of view of the size of the economy, which will unlikely offset the global adoption of Bitcoin.
Bakkt And Galaxy Digital Announce New Bitcoin Service Aimed at Institutional Investors
Regulated bitcoin futures provider Bakkt and Galaxy Digital’s trading arm seek to cater to the rising institutional demand for Bitcoin. The two firms have just developed a new service targeting institutional investors looking to purchase and store Bitcoin.
MicroStrategy CEO Reveals why Bitcoin is a Better Investment than Gold
CEO of MicroStrategy Michael Saylor discloses why MicroStrategy chose to invest in Bitcoin rather other assets that may have seemed more plausible - such as gold.
DeFi Funding Skyrockets 190% in 2022
Digital asset investment firms invested $2.7 billion in decentralized finance (DeFi) projects in 2022, marking a 190% increase from the previous year, while investments into centralized finance (CeFi) projects dropped by 73% to $4.3 billion. Despite the overall crypto funding figures falling from $31.92 billion to $18.25 billion, DeFi saw a near three-fold increase, potentially signaling it as the new high-growth area for the crypto industry, according to a CoinGecko report.
Moneygram Partners with Stellar Blockchain Network to Enable Instant Crypto-To-Fiat Settlements Using USDC Stablecoin
MoneyGram has partnered with Stellar Development Foundation to enable customers to make settlements in different fiat currencies including cryptocurrencies using USDC stablecoin.
Tesla Has Cashed in $1 Billion from its Bitcoin Investment, says Analyst
Daniel Ives, an analyst at Wedbush Securities, has disclosed that Tesla is smiling all the way to the bank after cashing in approximately $1 billion in profits from its Bitcoin investment.
Magic Eden Halts BRC-20 Trading Temporarily Amid Ordinals Expansion
Magic Eden temporarily suspended BRC-20 trading on October 22, 2023, to ensure user protection until certain BRC-20 regulations were agreed upon. Earlier in June, the platform had extended support for BRC-20 tokens, diving deeper into the Bitcoin ecosystem. Following the halt, trading resumed on July 13, 2023, with a promotional reduction in listing fees to 0.1% for new BRC-20 tokens for a month.
Amid The Ongoing Crypto Market Dip, DeFi Tokens BAT, CELO, and HEDG Remain Resilient
The market correction though encompassing has some resilient tokens including BAT, CELO, HEDG.
Bank of America Initiates Research on Digital Assets & Crypto
Bank of America (BoA) follows the trend of cryptocurrency in response to the increasing user transaction demand and institutions' interest. Bank of America announced to initiate research on this powerful digital asset system.
Google Cloud Introduces Threat Detection System against Crypto-mining Malware
Google has announced the release of a new threat detection system for Google Cloud Platform customers against crypto-mining malware.
Which Cryptocurrency Was Most Correlated to Rest of the Crypto Market In 2019?
Find out which cryptocurrency was most correlated to the majority of the crypto market in 2019.
Ethereum Price Gains 45% in 24 hours, What’s Driving the ETH Price Rally?
The Ethereum price has made its largest single-day price gain in the crypto’s history, surging 45% in the last 24 hours, but what is behind the ETH price rally?
Bloomberg Predicts Bitcoin Price to Surge Past $20,000 in 2020, Doubling Last Year’s High
Bloomberg predicted in its recent report that Bitcoin’s price in 2020 could reach double of last year’s high of $14,000. It further suggested that adoption is the primary Bitcoin metric, and Bloomberg takes a positive outlook on this end. Bitcoin’s price has seen a 60% decline in 2014, and at the end of 2016, Bitcoin matched the peak in 2013. If Bitcoin chooses to follow the same trend as 2016, with a 75% decline in 2018, Bitcoin is headed towards $20,000, according to Bloomberg.
BTC Surges after Elon Musk Discussed With North American BTC Miners
Elon Musk disclosed that he held discussions with North American Bitcoin miners and agreed to support efforts to make crypto mining greener.
Dogecoin Becomes the 8th Largest Cryptocurrency After a Tremendous 313% Weekly Gain
Dogecoin has skyrocketed to the 8th spot on the crypto market after a tremendous 313% weekly gain.
Crypto.com Airdrops LeBron James NFT Series
Crypto.com airdrops the LeBron James NFT series to fans by placing QR codes in Big Game ads.
Property or Not? Bitcoin Thieves Released Because “Bitcoin is Not Property”
A Russian Court recently ruled a Bitcoin theft case as innocent, stating that Bitcoin was not considered a property. The victim sought restitution, after being robbed of 100 Bitcoins.
HK-Based Hardware Wallet Maker OneKey Raises $20m in Series A Funding
Hong Kong-based crypto hardware wallet maker OneKey has raised around $20 million in a Series A funding round.
ProShares to Launch First Ether ETF and Blended Crypto Funds
ProShares is set to launch the first-ever ETF focused on ether, along with two blended ETFs that offer exposure to both bitcoin and ether, on October 2, 2023. These new ETFs aim to provide a more accessible and regulated avenue for investors to gain exposure to cryptocurrencies, without the need for a separate crypto custodian or wallet.
Long-Term Bitcoin Holders Unfazed by Recent SEC Accusations Against Binance and Coinbase
Data provided by Glassnode reveals that the percentage of Bitcoin supply sent to trading platforms by long-term holders accounts for a mere 0.004% of the total. This figure underscores the significant inactivity of long-term Bitcoin holders amid intensifying market pressures, demonstrating an apparent indifference to the regulatory accusations faced by leading cryptocurrency exchanges, Binance and Coinbase.
Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product
SINGAPORE - On 18th May 2020, Matrixport will introduce the Fixed Income Investment Product and the Flexi-Term Investment product, where asset security is protected by a risk control mechanism by real crypto assets guaranteed by excess pledge.
Worldcoin Launches Advanced Identity Verification in Singapore
Worldcoin expands to Singapore with World ID verification, following a temporary pause in India due to high demand and regulatory scrutiny.
Silk Road Programmer Pleads Guilty for Covering Up His Darknet Involvement to FBI and IRS
Silk Road computer programmer Michael R. Weigand pleaded guilty for providing false statements regarding his involvement with the darknet marketplace.
US DOJ Announces Leader for New FBI Crypto Unit
The new national cryptocurrency enforcement team will be led by a prosecutor who led the case against a Russian hacker, the U.S. Department of Justice said, adding that the FBI will launch a unit for blockchain analysis and virtual asset seizure.
Coinbase and Circle Add Algorand Blockchain to Multi-Chain USDC Stablecoin Framework—Faster than Ethereum
Coinbase and Circle Centre Consortium have expanded USDC from Ethereum to Algorand’s blockchain as part of its multi-chain USDC framework.
Federal Reserve Chair Powell Affirms There Is Ongoing Research for a Digital Dollar
The Federal Reserve Bank is involved in a large-scale research and development regarding digital dollar, says Chairman Jerome Powell.
Market Slips Into a Bear Motion, Fate in The Merge of ETH Might Reboot Positive Sentiment
The expectation of embracing upcoming upgrades of Ethereum will also spread out to other altcoins even though the coin’s successes will be a way of demarketing the offerings of the so-called “Ethereum Killers”.
Switzerland’s New Regulations for Blockchain And DLT Trading Facilities Usher In A New Era Of Clearer And Lighter Regulatory Regimes
A short article piece submitted by Christoph Besmer, Trade Commissioner, Investment Promotion Switzerland.
5% of Coinbase Employees Leave the Exchange, Rejecting Its “Apolitical Stance”
About 60 employees have left Coinbase cryptocurrency exchange because of the firm’s new controversial policy.
Gumi Cryptos Capital Launches $110m gCC Fund II, Investing in Crypto Startups
Crypto venture capital firm Gumi Cryptos Capital(gCC) has launched a $110 million second fund, gCC Fund II, to invest in about 50 cryptocurrency companies through equity and tokens.
ARK Invest CEO says Bitcoin Is a "Much Bigger Idea than Apple or Amazon" as Crypto Gains More Recognition
Cathie Wood, the CEO of Ark Invest who made a bullish prediction on Tesla when Wall Street was skeptic, has made yet another one – and it’s on Bitcoin.
$136M Inflow into Crypto Assets, Bitcoin Remains Preferred Choice
In the latest update from CoinShares, digital asset investment products have seen a significant inflow of $136 million in the past week. This surge marks the third consecutive week of inflows, totaling $470 million, effectively offsetting the outflows observed in the preceding nine weeks.
Already Driving Real-World Crypto Usage, Gleec Team Launches New Exchange
The global crypto ecosystem only expands as users realize the real-world applicability of digital assets and distributed ledger technology. Alone, the worldwide blockchain market size projects to grow to $23.3 billion by 2023 hinged on an 80.2% compound annual growth rate. Market size totaled $1.2 billion in 2018.
HK-based Coinsuper Under Scrutiny after Failed Transactions Since Nov 2021
Customers of Hong Kong-based Coinsuper have been unable to withdraw money or tokens from the bourse since late November, review from messages on the firm’s official Telegram chat showed.
Cardano Scoop: ADA/BTC Flirts with Support as Selling Pressure Increases
Cardano price at 818 satoshis, trading later at -3.67% at 789 satoshis. Around 29.45 million of the volume was generated during the trading session on Monday.
MicroStrategy to Issue $400 Million in Securities Offering to Hoard More Bitcoin
Michael Saylor, the CEO of the billion dollar firm revealed that the firm plans to issue $400 million securities offering into Bitcoin.
Crypto Intermediaries Must Register with the SEC in Some Capacity: Gensler
US Securities and Exchange Commission (SEC) Chairman Gary Gensler said crypto intermediaries should be registered under the SEC.
Texas Authorities Slap “Bitcoin Pope” and Forex Birds with Cease and Desist Order for Fraudulent Investment Scheme
An emergency cease and desist order has been issued against the “Bitcoin Pope” trader, under allegations of fraudulent cryptocurrency investments.
Data Shows US Economy Shrinks Amid Recession while Crypto Surges in Bearish Rally
According to the New York Empire State Index, a weakening of the U.S economy is worrying manufacturers. Meanwhile, Bitcoin and other cryptocurrencies are seeing a rally in their movements.
Seoul Court Issues Arrest Warrant for Do Kwon and 5 Others
Do Kwon and five others have allegedly violated the nation's capital markets law and have been issued a warrant from the court in Seoul. LUNA and LUNC both collapsed after the arrest warrant was issued.
KuCoin Terminates Accounts of China’s Users, Following Other Cryptocurrency Exchanges
Crypto exchange KuCoin has revealed that it is closing accounts associated with Chinese users. The development is another blow to investors in Bitcoin and other crypto-assets in Mainland China amid the latest crackdown on the sector.
TRON DAO Announces New Grants Program to Foster Growth of Overall Ecosystem
TRON DAO is thrilled to announce its Developer, Community Ambassador, and Influencer Grant Programs to BUIDLers on the TRON network. As one of the largest DAOs, TRON is always looking for new opportunities to grow its ecosystem and further engage its vibrant global community. The Community Ambassador Grant Program will encourage a gateway between the DAO and multiple dedicated TRON friends and families to expand the TRON ecosystem. With a quarterly grant allocation of $30,000, the program will cultivate relationships between the DAO and established Ambassadors actively engaged within the TRON Community.
Aave Outpaces Market with 9% Growth in Q2 2023, Launches GHO Stablecoin
ave's Q2 2023 report shows a 9% growth in total value supplied, outpacing the market. Key developments include the launch of GHO stablecoin, a rise in stETH deposits, and the anticipated release of Portals.
“VISION 20/21” – Finding Clarity in Uncertainty at Business of Design Week (BODW) 2020
The change and uncertainty of 2020 has shown how vulnerable we all are. However, as we look forward to 2021 and beyond, we have the power to change how we view these times, find fresh impetus and imagine new possibilities based on our real needs and what truly matters.
Polygon NFT Gaming Firm Cross the Ages Secures $12m in Seed Round, Backed by Ubisoft, Animoca
Blockchain game "Cross the Ages" (CTA) has received a $12 million seed round from gaming crypto investment firm Animoca Brands, video game developer Ubisoft, and Sebastian Borget, co-founder and COO of The Sandbox.
Hong Kong Resumes Discussion on Stablecoin Regulation, Offering 5 Options to the Public
The Hong Kong Monetary Authority (HKMA) has published a discussion paper in which it is soliciting the public’s contributions to its proposed regulatory approach to digital currencies and stablecoins.
Bitcoin Network Breaks Record With 22.3 Million Unique BTC Addresses in January
The Bitcoin network was busy in January with over 22.3 million active BTC addresses sending or receiving the cryptocurrency.
Bitcoin Tops $40,000 for The First Time but Experts Warn of Looming Price Correction
The price of Bitcoin has rallied to a new all-time high over $40,000 on Thursday, January 7. A price correction is likely to happen, and experts explain why.
BTC's Average Transaction Fee Drops below $1 for the First Time within 2 Years
The average transaction fee for Bitcoin fell below $1 due to falling market prices and lower mining difficulty.
One Whale Trades Majority of Ethereum for Bitcoin
A crypto whale traded 5,500 Ethereum for 344.1 Wrapped Bitcoin (WBTC), valued at $8.85 million, diversifying its portfolio. The whale purchased these 6,541 Ethereum on September 9, 2023, at an average price of $1,630, totaling 10.66 million USDC. The transaction demonstrates strategic planning and market understanding.
Chinese Police Put MicroBT CEO Under Microscope Over Alleged Dispute With Bitmain
Chinese Police have just resumed its investigation of intellectual property infringement involving Yang Zuoxing, CEO of Shenzhen Bit Microelectronics Technology and Bitmain.
Chainlink (LINK) Massive Bull Run Rallies to Another New All-Time High, Up 700 percent in 2020
Chainlink (LINK) has surged by 52 percent in the past 24 hours, reaching its new all-time-high a $13.8799. Chainlink’s LINK price declined and showed a correction on Aug. 5, however, the current uptrend has proved to be strong. While LINK has attempted to reach $14, and most other altcoins are in the green.
UAE Markets Regulator Approves Trading of Canadian-Based Bitcoin Fund on Nasdaq Dubai Stock Exchange
The Dubai Financial Services Authority (DFSA) has cleared the launch and trading of Canadian-based Bitcoin fund on Nasdaq Dubai Stock Exchange as part of the effort to provide investors based in the Middle East access to the cryptocurrency investment services.
Bitcoin Halving: Everything You Need to Know in 5 Minutes
In May 2020, Bitcoin is expected to experience its third halving in history. Bitcoin halving refers to the halving of Bitcoin block rewards, which occurs once every 210,000 blocks created (approximately every 4 years).
Mintology Announces The Launch of New Brand Centric Claimable NFT Platform
Founded in 2021, Mintology is launching a new concept to the market this year, allowing brands of any size to connect with customers, fans and prospects by giving away NFTs at no cost. The NFTs are used as a claimable and marketing tool.
New Money Theory Research: Blockchain to Usher in the New Age of Monetary and Financial Freedom
New Money Theory Research: Blockchain to Usher in the New Age of Monetary and Financial Freedom
How Can Bitcoin Be A Safe-Haven Asset When It Is So Greatly Influenced by a Tweet, says Peter Schiff
Peter Schiff says Bitcoin is not money, pointing to the influence Elon Musk's tweets has over the cryptocurrency as an explanation.
Bitcoin Cash advocate Roger Ver sued for $20.8 million
Genesis sued Roger Ver for $20.8 million in unpaid crypto options. GGC International sued Ver in New York State Supreme Court on Jan. 23. BCH has not reacted to the lawsuit.
ZachXBT's Defamation Lawsuit Receives Over $1 Million in Donations as Prominent Figures Rally Support
In a surprising turn of events, renowned on-chain analyst ZachXBT has exceeded his initial fundraising target, amassing a staggering $1,055,233 in donations, according to Nansen data. This remarkable achievement has been made possible through contributions from various entities and influential figures within the crypto industry.
Messari Releases Research Reports on the TRON Ecosystem and the Stablecoin USDD
Messari, the leading provider of crypto market intelligence, released two quarterly analysis reports related to the TRON ecosystem – State of TRON Q3 2022 and State of USDD Q3 2022. The two most significant highlights in the comparison of Q3 with Q2 2022 were the 480.4% increase in the number of holders of USDD and the 71% increase in the Total Value Locked of TRX. Both reports indicated positive conclusions about the stability and secure strength of USDD and the TRON network as a whole.
Ransomware Gang Evil Corp Group Strikes Again with New Ransomware WastedLocker
A ransomware gang called Evil Corp Group is back in action again, after having been in retirement for an undetermined period of time. The malware hacker group strikes again by developing a ransom software dubbed WastedLocker.
Monero: Deep Dive
Monero (XMR) was the first cryptocurrency of its kind to offer advancements in privacy and fungibility.
Invesco Puts Blame on U.S. SEC Rules for Decision to Withdraw Bitcoin Futures ETF
Invesco eventually talked about what prompted it to pull out its filing for Bitcoin futures ETF. The firm faulted SEC rules for the disaster.
Coinbase to Boost European Derivatives Market Presence with MiFID II License Acquisition
Coinbase is set to expand in the EU derivatives market by acquiring a MiFID II licensed entity in Cyprus, targeting regulated derivatives offerings like futures and options in 2024.
Mercado Bitcoin, Stellar Team Collaborate on Brazil’s CBDC Project
Mercado Bitcoin and the Stellar Development Foundation will explore the possibility of developing CBDC solutions to meet Brazilian future payments needs in a digital economy.
Binance Rewards Crypto Literacy with Bitcoin NFTs Knowledge Contest
Binance introduces a Word of the Day game focusing on Bitcoin NFTs, offering 500,000 Binance Points to participants during the Bitcoin Halving celebration.
Britain Eyes Becoming a Crypto Hub, Upgrading the Market by Adopting DLT
In pursuit of becoming a global crypto hub, Britain seeks to revamp the traditional financial market using distributed ledger technology (DLT), according to the finance ministry.
Robinhood Files for US IPO, Says Crypto Transactions Accounts for 17% of Revenue
Robinhood has filed for a public listing, and crypto has a prominent feature on the platform's business.
Hong Kong-Based OSL Digital Securities Receives License Uplift to Enable Retail Trading of Bitcoin and Ethereum
OSL Digital Securities Limited ("OSL Digital Securities"), a wholly-owned subsidiary of BC Technology Group Limited (Stock Code: 863), has been granted an uplift to its existing license by the Securities and Futures Commission (SFC) of Hong Kong.
Largest Gathering of Global Blockchain Innovators in Tokyo - Meet the people behind Cosmos, OmiseGO, MakerDAO, Harmony, Ontology, Blockstack, RSK, Dapp.com...
BINARYSTAR and Asia Blockchain Review are organizing Unblock Tokyo: Ecosystem Fast Track on October 5th, in a major gathering of all-star developers to shed light on the latest developments in the industry and exclusive project updates for the blockchain and crypto community.
Hackers Steal Cryptos from General Bytes Bitcoin ATM via Zero-day Bug
Crypto ATM manufacturer General Bytes has confirmed that its infrastructures have been hacked using a zero-day vulnerability in server ports to steal cryptocurrencies from customers.
London Lawmaker Urges Government to Ban Crypto Ads on Public Transport System
A London Assembly member from the Green Party, Sian Berry, is pushing for a broad crackdown on advertisements featuring digital currencies on the London Transport System.
Square CEO Jack Dorsey Commits Himself To Bitcoin
Jack Dorsey still remains bullish on the leading cryptocurrency. He admits that Bitcoin transforms every aspect of life.
Ethereum, Cardano and Other Altcoins Slandered by Blockstream CEO as Ponzi Schemes
Blockstream CEO Adam Back publicly stated that Ethereum and other altcoins were Ponzi schemes, angering Ethereum co-founders Vitalik Buterin and Charles Hoskinson.
Dubai Educational Institution Accepts Bitcoin and Ethereum Payments
Dubai Educational Institution Citizens School accepts Bitcoin and Ethereum payments for tuition.
Will Bitcoin Skyrocket or Plunge? Young Traders Have Wrecked US Stock Market, Says Fund Manager
The president of Smead Capital Management addressed the topic of current trends of the US stock market in an interview with CNBC.
What Gives C10 (Crypto10 Hedged) So Much Value?
Within the first quarter of 2021, the cryptocurrency market has seen a surge in the retail and institutional sectors and their adoption of cryptocurrency. Bitcoin, the world's most valuable and widely traded cryptocurrency, reached an all time high of $56 445 per bitcoin, on the 22nd of February 2021.
Bitcoin’s Market Cap is Likely to Eclipse Gold, BTC Price Valuation at $146,000 is Conservative, says Pompliano
Anthony Pompliano, the founder of Morgan Creek Digital said that JP Morgan’s valuation of Bitcoin at $146,000 is still conservative.
Verida Collaborates with Nimble to Implement Decentralized Insurance Protocol
Nimble is partnering with Verida to build a decentralized insurance protocol.
Digital Asset Gateway Fasset Launches Peer-to-peer Trading Platform in Pakistan
Digital asset-based fintech startup Fasset Technologies has launched a peer-to-peer trading platform in Pakistan to drive financial inclusion in Pakistan.
Senator Lummis Still Trusts Bitcoin For Retirement
US politician Cynthia Lummis is crypto-friendly. She's unfazed by lawmakers' Bitcoin retirement plan bans. Instead, Elizabeth Warren, Tina Smith, and Richard Durbin want Fidelity to discontinue its BTC-linked 401(k) (k).
Crypto Price Index Predicted to Revolutionize the Cryptocurrency Market
The Crypto Price Index (CPI) is touted to be an ideal crypto market indicator which will include over 200 of the top traded cryptocurrencies based on market capitalization. Expressly, it is expected to function like the Dow Jones Industrial Average by offering insights about the trading history of the major blockchain projects.
Crypto Whales Taking Wait-and-See Approach
Based on hiked interest rates and the ongoing Russia-Ukraine war, crypto whales have shown signs of caution, given that their transaction volumes have been dwindling.
Hidden Road Partners in Big Talks With Top Firms to Provide Access to Trade or Hedge Crypto Risks
Hidden Road Partners is in talks with hedge funds and many of the top 20 global banks about providing access to trade or hedging their crypto risks, Bloomberg reported citing executives at the firm.
Staking Rewards Raises $3.2M Equity from Crypto's Largest Funds Ecosystem
Crypto data aggregation startup, Staking Rewards says it has raised $3.2 million from the biggest fund managers in the cryptocurrency ecosystem.
Tether's Bitcoin Mining Site in Latin America Plans to Start Operations in a Few Weeks
Paolo Ardoino, CTO of Tether and Bitfinex, confirmed the authenticity of a photo of a container bearing the "Tether Energy" logo, confirming it was a depiction of a control room at a Latin American site nearing completion. Ardoino also shared a 3D design of the site.
Binance Adds Bitcoin Ordinals to NFT Marketplace
Binance has announced that it will soon support Bitcoin ordinals, also known as Bitcoin NFTs, on its NFT marketplace. This will expand Binance’s multichain NFT ecosystem to include the Bitcoin network. Bitcoin ordinals have been on the rise, with over 3 million inscriptions as of May 1, but they remain a controversial topic in the crypto community.
How Bitcoin’s Narrative Has Significantly Changed in 2020, According to CoinShares Chairman
Former JP Morgan commodities trader Danny Masters discussed how the Bitcoin narrative has shifted for the better since its inception.
Hong Kong Regulators Probe Worldcoin for Privacy Risks
Hong Kong's PCPD is investigating Worldcoin, linked to OpenAI's Sam Altman, for potential privacy violations in biometric data collection methods, highlighting global privacy concerns in the crypto and blockchain industry.
Gate.io Launches First Country-Specific Site at Blockchain Economy Summit Türkiye
Gate.io, one of the world's largest cryptocurrency exchanges, has officially launched its first country-specific site, Gate Türkiye, during Blockchain Economy Summit Istanbul, currently underway in Türkiye. The company is a Diamond Sponsor of the event, which is one of Eurasia's largest blockchain events.
Bitdeer Reports Robust Operational Performance for October 2023
Bitdeer Technologies Group, a leading Bitcoin mining company, has seen steady operational performance in October 2023, with strategic developments like Tydal Datacenter construction highlighting its long-term success.
Ukraine to Record War Against Russia in NFTs
The Ukrainian government has planned to launch non-fungible tokens (NFTs) featuring unique digital artwork illustrating stories from its war with Russia.
Bitcoin Lightning Network Capacity Breaches 3,000 BTC for the First Time
The Bitcoin Lightning Network has been seeing an uptick in activity because it crossed the 3,000 BTC capacity for the first time.
KODW 2020 Goes Virtual Meeting Global Experts to Explore the New Normal
Hong Kong Design Centre’s (HKDC) major annual event, Knowledge of Design Week (KODW), will make its debut as a virtual event for international audiences this year. With Create Hong Kong (CreateHK) of the Government of the Hong Kong Special Administrative Region (HKSAR Government) as the Lead Sponsor, and under the theme “Designing Digital Futures”, KODW 2020 will be held from 26 to 29 August 2020 to explore how digital transformation and human-centric design can help us navigate uncertainty and thrive in the pandemic world.
SWIFT Takes Another Shot at Cryptos, Refers to Them as "Useless and Unsteady"
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has dropped another hammer on proponents of Bitcoin and cryptocurrencies, referring to Cryptos as “useless and unstable.”
Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report
In an annual report by Elwood Asset Management and consulting firm PricewaterhouseCoopers (PwC), the value of assets under management at cryptocurrency hedge funds has soared to $2 billion, doubling the value in 2019. Billionaire hedge fund manager Paul Tudor Jones was reportedly looking to buy Bitcoin to hedge against inflation as central banks across the world are printing money to relieve economies affected by the coronavirus pandemic.
CoinList Raises $100M Series A Funding Round, Reaching Unicorn Status With $1.5B Valuation
CoinList announced that it raised $100 million in a Series A round of financing, which brings its valuation to $1.5 billion.
Billionaire Mark Cuban Reveals that He Has Invested in Bitcoin
Billionaire Mark Cuban revealed in a past interview that his team, Dallas Mavericks, is accepting Bitcoins for tickets and merchandise. Cuban has been a sharp critic of crypto in the past but it seems like his view has changed.
Worldcoin's Global Identity Protocol Hits 2 Million Sign-ups
Worldcoin, aiming to be largest identity and financial network, led by chatgpt owner OpenAI CEO Sam Altman, as a public utilityan innovative global identity protocol, has announced a significant milestone, reaching 2 million World ID sign-ups during its beta phase
Bitcoin Should Benefit from the US Dollar Crash, says Top Economist Stephen Roach
Stephen Roach, former Chairman of Morgan Stanley’s Asia division and Yale University senior fellow said that cryptocurrencies including Bitcoin should benefit from the US dollar’s decline.
Binance NFT Ceases Support for Bitcoin NFTs
Binance NFT discontinues Bitcoin NFT trades and deposits, advises withdrawals by deadline, and details distribution of Runestone NFTs and tokens.
Circle Deploys New Pre-Mint Address for USDC on Solana (SOL)
Circle has introduced a new pre-mint address for USDC on the Solana blockchain, streamlining operations in anticipation of the Cross-Chain Transfer Protocol launch.
Fitch Warns El Salvador’s Bitcoin Adoption Will Hurt Local Insurers’ Credit Ratings
Fitch Ratings has warned El Salvador that its bitcoin adoption plan poses serious risks to local insurance companies.
Binance CEO Responds to Forbes Article on Fund Shuffling
Binance CEO Changpeng Zhao responded to a Forbes article that focused on the movement of funds by the cryptocurrency exchange. The article drew parallels between Binance and the now-defunct FTX and discussed the failed Voyager bid by Binance.US, as well as the United States Securities and Exchange Commission’s planned legal action against Paxos Trust Company, the issuer of the Binance-branded stablecoin, Binance USD (BUSD). Binance transferred $1.8 billion in stablecoin collateral to hedge funds such as Tron, Amber Group and Alameda Research between August and December 2022. Binance says it still supports BUSD and is now looking into non-USD stablecoins.
USDC Issuer Circle to Launch Euro-Backed Stablecoin
The move by Circle to involve in launching its Euro stablecoin is based on user demand and business competition. The use of euro-backed stablecoins is rising in Europe.
Number of Bitcoin Addresses with Non-Zero Balances Hits ATH
More people flock to Bitcoin as the number of address with non-zero balances hits a new all-time high.
Altcoins Plunge as Bitcoin Sees Massive Retracement, Analyst says Altseason Could Outperform BTC
The world’s largest cryptocurrency has seen a steep plunge of 13.2% in the past 24 hours, but has managed to hold above the $33,000 level.
Public feedback on the SFC's proposed cryptocurrency exchange licensing regime
Hong Kong's Securities and Futures Commission seeks public input on bitcoin exchange registration.
BlockFi Total Loan Tops $1.8B With a $600M Net Risk Exposure in Q2
BlockFi, a major crypto lending firm based in New Jersey, officially disclosed a total loan of $1.8 billion and a net unsecured exposure of $600 million by the end of the second quarter of 2022.
Bitcoin Funding Turns Negative amid 70% of BTC Circulating Supply Being Hodled
BTC funding flipped negative following long liquidations as prices slipped to lows of $42,000.
Coinbase Launches WaaS to Simplify Adoption of Web3 Wallets
Coinbase has introduced Wallet-as-a-Service (WaaS) to provide enterprises with a customizable on-chain wallet API for easier customer onboarding, loyalty programs, and in-game purchases. The WaaS infrastructure features multi-party computation (MPC) cryptography to improve private key security, user-friendly backup functionality, and control over product experiences while reducing implementation cost and complexity. The solution is being used by companies like Floor, Moonray, thirdweb, and tokenproof.
State Street: Most Asset Managers are Bullish on Blockchain and Crypto
Boston-based asset manager State Street published a report on industry trends in 2020, highlighting the growth of cryptocurrencies and blockchain in the financial services industry.
Spike in COVID-19 Cybercrime Is Stimulating Mass Adoption of Blockchain in Asia
With COVID-19 forcing businesses to adopt digital means of transacting, there is a spike in blockchain adoption, Bitcoin price surge, rise in Bitcoin scams.
El Salvador to Elevate Bitcoin Status by Issuing Bonds
El Salvador is planning to issues its first bitcoin bond next month, the Central American country's Finance Minister Alejandro Zelaya announced.
Crypto Trends: Weekly Inflows and Outflows in Altcoins, North American Markets, and Investment Products
Altcoins saw $3M in weekly inflows; North America had $11B outflows. Digital asset products had minor withdrawals of $21M, with Bitcoin trading at $16B.
Crypto ATM Market Expected to Hit $1.88B by 2028 with CAGR of 59.2%
The crypto ATM market is anticipated to reach $1.88 billion by 2028, according to a report by US-based consulting firm Grand View Research Inc.
Digital Asset Venture Dragonfly Acquires Crypto Fund MetaStable Capital for Rebranding
Digital asset venture capital firm Dragonfly has acquired cryptocurrency investment fund MetaStable Capital, according to Bloomberg.
Bitcoin Price Surges to 2020 High of $15,960, MicroStrategy Sees $182 Million Increase
The Bitcoin price reached a new high for 2020 gaining over 12% in the last 24 hrs to reach $15,960. MicroStrategy has reported a $182 million gain in their BTC reserve value.
Chinese Bank Partially Owned by the Government Invests in Nervos STO
The Nervos Network security token offering (STO) has aimed to start on Oct. 16, to raise an undisclosed amount within two weeks via the CoinList platform.
Future of Index Funds
Inspired by traditional index funds' success, Crypto20 (C20) was designed to reinvent how investors gain exposure to the broader crypto market. With cryptocurrencies long-term growth potential, an index fund is the perfect entry point for investors looking to generate exceptional returns without taking on excessive risk.
Hedge Funds Battle to Survive After FTX Exchange Collapse
The hedge fund discontinued its CoinShares consumer platform because to high marketing costs.
Bitcoin Hodlers Experience Profits on Majority of Trading Days
Bitcoin's profitability challenges the narrative of depreciating volatility. 88.50% of Bitcoin's tradable days were profitable for hodlers, with just 11.56% being unprofitable. Understanding market cycles is crucial for investors, while some prefer daily trades. General Bytes shut down its cloud services due to a discovered security vulnerability.
Kraken Passes Reserve Audit Proof, Allowing Customers to Verify Crypto Balances
Kraken exchange has passed a crypto audit by Armanino LLP, allowing customers to verify cryptocurrency balances.
Goldman Sachs Says Customer Demands for Bitcoin Are Increasing
Goldman Sachs President and COO John Waldron has revealed that the bank is experiencing a rising demand for Bitcoin from its customers.
Bitcoin Ordinals Founder Proposes Immutable Metadata for Inscriptions
Bitcoin Ordinals (ORDI), a blockchain platform for transforming satoshis into NFTs, plans to introduce plain-text key-value pairs as metadata for inscriptions, enhancing their utility and readability. However, existing inscriptions cannot be retroactively added.
Bitcoin’s 30-Day MVRV Shows BTC UnderBought
Bitcoin’s 30-day MVRV, measuring the returns of 30-day trading addresses, shows BTC is underbought.
Paxful Crypto Peer-to-Peer Marketplace Expands Beyond Bitcoin with Tether USDT Stablecoin
Paxful, the leading peer-to-peer Bitcoin trading platform, announced that it will be adding stablecoin Tether to its crypto payment options.
Uber’s Former Security Chief Charged for Using $100K Bitcoin Hush Payment to Hide Data Breach
Former Chief Security Officer at Uber, Joseph Sullivan, has been charged with allegedly paying $100K in Bitcoin to hackers to cover up a company data breach.
WorldCoinIndex, CoinGecko, LiveCoinWatch: Who Will Become the Biggest Threat to CoinMarketCap?
Since its inception in 2013, CoinMarketCap has been widely regarded as the leading provider in cryptocurrency pricing and trading data. However, its dominance came into question following the emergence of crypto data sites such as CoinGecko, WorldCoinIndex and LiveCoinWatch. Who is the biggest threat of CoinMarketCap?
Liechtenstein's Ground-Breaking Blockchain Business Law At a Glance
Liechtenstein's introduction of the world’s first blockchain business law represents an important milestone in the evolution of legal frameworks to support blockchain business.
Bitcoin Supply is Moving to Strong Hands amid BTC On-Chain Analysis Going Mainstream
The current Bitcoin correction has not dampened the spirits of strong hands, investors who hold for future purposes because they are accumulating more coins.
Bithumb CEO Summoned by South Korean Authorities Following Police Raid on Offices
The Chairman of the Board of Directors of Bithumb Holdings, Lee Jung-hoon has been summoned by the Seoul Metropolitan Police Agency's Intelligent Crime Investigation Unit following the unit's incessant raid on the exchange.
Coinbase Launches Crypto Transactions via WhatsApp, Telegram, and Other Messaging Platforms
Coinbase introduces a new feature in its Wallet app, allowing users to send crypto via WhatsApp, Telegram, and other platforms with no fees and instant settlement.
Central Banks to Cross-Examine Libra’s Founders in Switzerland
The European Central Bank (ECB) officials and 25 global central banks will be meeting with Libra’s founders to assess the project.
VeChain Releases New Official Block Explorer and Sync Ledger Wallet Interface
The VeChain Foundation has announced the release of a new official block explorer and sync ledger wallet interface, which are in-house developed solutions maintained by the major development team.
IMF Urges Countries to Consider Banning Cryptocurrencies
US Treasury Secretary Janet Yellen underlined the need for effective cryptocurrency regulation.
Uniswap Founder Reveals Sophisticated Scam Targeting the Chinese Community
Uniswap's founder, Hayden Adams, recently took to Twitter to expose an elaborate scam targeting the Chinese cryptocurrency community.
President Xi Urges Expedition of Blockchain Development in China
On Oct. 25, China’s President Xi Jinping said at the study session of the Politburo held on Thursday that the nation should accelerate the development of blockchain technology.
Hong Kong Science and Technology Park: Turning Tech Startups' Visions into Reality
Blockchain.News sat down with Peter Mok, Head of Incubation and Acceleration Programmes, HKSTP to gain further insight into the incubation initiative and the custom-made programs, that have been designed to support technology startups, and specifically how they could be utilized by blockchain startups.
GRT, BTT, AVAX Prices Gain Over 150% As Best Cryptocurrency Gainers For The Week
This article takes a look at the top cryptocurrency gainers for the week - The Graph Token (GRT), BitTorent (BTT) and Avalance (AVAX).
Kraken Is the First Cryptocurrency Exchange to Become a US Bank
Kraken San Francisco-based crypto exchange was approved yesterday by the Wyoming Banking Board and is now the first exchange to become a US bank.
OPNX Reveals Venture Capital Backers
OPNX, a new exchange allowing traders to buy and sell claims against bankrupt firms, has revealed its venture capital backers, including AppWorks, Susquehanna, DRW, MIAX Group, China Merchant Bank International, and Token Bay Capital. The exchange has faced criticism due to its association with the bankrupt 3AC hedge fund, but the company claims it will help make customers of failed crypto ventures whole again.
Circle Launches Cross-Chain Transfer Protocol for USDC
Circle has released a mainnet protocol allowing users to transfer USDC between Ethereum and Avalanche. The Cross-Chain Transfer Protocol (CCTP) eliminates the need for USDC bridges and aims to reduce fragmentation in the Web3 ecosystem.
Ledger and Tezor Dismiss Rumor That Hackers Have Stolen Data from Popular Crypto Wallet Providers
Cybersecurity company “Under The Breach” has reported that a hacker is allegedly attempting to sell customer data that stems from firms like Ledger, Trezor, Keepkey, and even Bnktothefuture.
Bitcoin is 57,000 Times Less Environmentally Friendly Than the "Green Cryptocurrency" XRP, Says Ripple
Ripple claims that its cryptocurrency, XRP, is 57,000 times more environmentally friendly than the largest cryptocurrency, Bitcoin. According to Ripple’s blog post, the firm criticizes Bitcoin’s consensus mechanism, proof-of-work (PoW), as a major issue contributing to the vast amounts of energy consumed for validating and processing transactions on the network.
Nepal to Shut Down Crypto Trading Mediums
The crypto industry in Nepal is about to witness further setbacks as the government has started to ban trading mediums for digital assets.
Coinbase NFT launches new creator hub
Coinbase NFT has launched a new "Creator Hub" that provides a slew of tools for NFT creators to launch and market a collection.
What Pantera Capital CEO Thinks Will Be The Best Performing Cryptocurrency in the Next 12 Months
In an interview with Raoul Pal, Dan Morehead, the CEO of Pantera Capital, revealed what he thinks will be the best performing digital asset a year from now.
1inch Network Launches New Hardware Wallet
1inch is the newest hardware wallet supplier for cryptocurrency. The 1inch Hardware Wallet's 2.7-inch E-Ink grayscale touch panel and stainless-steel frame mimic the iPhone 13.
DeFi Protocol Wonderland Involves Cybercrime, Associated with Canadian Crypto Exchange Quadriga
A decentralized finance project called Wonderland involves a cybercrime associated with Canadian crypto exchange Quadriga, turning DeFi into a financial felon’s wonderland.
Russian Tech and Political Oligarchs Opposes Blanket Crypto Ban
Tech and political oligarchs in Russia are expressing their full displeasure over the proposed blanket ban on crypto.
Coinbase, Gemini, Binance & Kraken Address Twitter Hack: "Repercussions for Bitcoin Could’ve Been Worse"
Twitter has never in its history experienced as big of a security breach and crypto hack scam as the one that happened earlier this week.
Singapore's MAS Unveils Stablecoin Regulatory Framework
Singapore's MAS releases a regulatory framework for stablecoins after public consultation in 2022. It aims to ensure value stability and sets key requirements for issuers.
Lemonade to Offer Blockchain-Powered Climate Insurance for Farmers in Emerging Markets
American insurance company Lemonade has revealed the formation of Lemonade Crypto Climate Coalition which will offer blockchain-enabled climate insurance to the most vulnerable farmers across the globe.
Bitcoin Transaction Fees as a Percentage of Total Miner Revenues Hit Lowest Point Since June 2020
BTC transaction fees have plunged based on the ongoing Chinese crackdown on Bitcoin mining facilities.
Bitcoin Price Records a New All-Time High at Over $28.5K, Wall Street Veteran Bets on Buying Any Dip
Bitcoin’s price has surged to another new all-time high today, reaching over $28,500. The previous time that Bitcoin recorded a new high was on Dec. 27.
Zharta Raises $4.3 M to Speed Growth in Instant NFT Lending
DeFi company Zharta, has secured seed funding from leading Web3 VCs and strategic investors to accelerate its growth to meet customer demand and go to market. Zharta, creator of a lending protocol for instant NFT collateralized loans, has closed a seed round of 4 million dollars in new capital to fuel the company's next phase of growth. The company had initially raised an acceleration round of $300,000 from angel investors.
CSOP to List First Metaverse Concept ETF on HKEX
CSOP Asset Management Limited is set to launch Hong Kong's first Metaverse exchange-traded fund on February 21, 2022, according to the company's disclosure document.
Bitcoin Will Rise to Over $1 Trillion In Next Ten Years, Tesla Investor’s BTC Value Prediction
Bitcoin has had a rollercoaster year amid the COVID-19 pandemic markets rollercoaster but has ultimately persevered adding over 40% to its price exceeding $200 billion in market capitalization.
Thai Central Bank Issues Stern Warning about Thai Baht Digital (THT) Stablecoin
The Bank of Thailand is warning citizens against using the illegal THT stablecoin.
Democratic Presidential Candidate Robert F. Kennedy Jr. Champions Bitcoin at 2023 Conference
Robert F. Kennedy Jr., the Democratic candidate for U.S. President, has made a strong case for Bitcoin, stating at the 2023 Bitcoin Conference, "As President, I will make sure that your right to hold and use Bitcoin is inviolable."
New BIS Report Advocates Using Embedded Monitoring Trackers For Stablecoins
A new report from the Bank for International Settlements has advocated the deployment of ‘Embedded Systems’ in the monitoring of global stablecoin projects.
Coinbase CEO Calls Out US SEC For Using Intimidation Tactics
Coinbase CEO has faulted the SEC for resorting to intimidation rather than provide needed regulatory clarity.
Bitcoin Lightning Network Would be Practical for Small Payments than Debit Cards, Morgan Stanley Says
The Bitcoin Lightning Network attracts fees close to zero, so it becomes more practical to use it when undertaking small payments than a debit card, according to leading investment bank Morgan Stanley.
Interview with Noble Gold Investments CEO: Gold as Hedge Tool against Inflation?
Exclusive: Blockchain.News recently had a conversation with Collin Plume, the President and CEO of Noble Gold Investments, regarding whether gold could be a safe haven investment that investors should rely on during turmoil times.
Bitcoin Transferred $98,769 of Value for Just $1 in Fees Last Month, Analyst Says
Despite the consolidation happening in the Bitcoin market, the leading cryptocurrency has emerged as an efficient settlement network based on the low fees charged.
Bitcoin Needs to Reclaim $53,000 before a Bull Run to be Reignited
With the price staying below the short-term holder (STH) cost basis for nearly a week, on-chain analyst Will Clemente believes that Bitcoin needs to reclaim the $53K area if a bull run is to be reignited.
Two Major Events Will Influence the Bitcoin Price in the Next 24 Hours
Bitcoin and cryptocurrency traders face a moment of pause as they await two major events that will either send the BTC price soaring or cause a major bearish correction.
Morpheus.Network Integrates with Polygon to Simplify Supply Chain Activities
Supply chain SaaS platform Morpheus.Network Y integrates with Polygon, a decentralised Ethereum scaling network to simplify supply chain operations.
June 1: Sell in May Postponed to Sell in June?
For the past few weeks, there have been quite a bit of talk/shill/promoting of ETH and I think largely driven by a combination of factors that I've described earlier (i.e. growing daily active addresses, more than 60 bil gas being used, $7bn in stablecoins and Greyscale's ETH demand). Other protocol tokens such as Cardano, Zilliqa and NEO also followed the ETH move, albeit less exaggerated.
RealFevr Raises €10 Million to Build the Ultimate Web3 GameFi Sports Ecosystem
RealFevr, one of Portugal’s fastest-growing startups, announced that it has raised a €10 Million funding round. The round is led by global sports investor ADvantage, with participation from Semapa Next, Shilling Capital Partners, APEX Capital, and the professional football player Sérgio Oliveira.
Bitcoin, Ether and Other Top Cryptos See Minor Market Recovery
Top cryptocurrencies have made some slight new highs in the midst of the market crash.
Tesla Records $51 Million Impairment Loss on its Bitcoin Holdings in Q3
Tesla has announced that it experienced an impairment loss of $51 million on its Bitcoin investments in Q3. The company’s investment in Bitcoin fell, driven by relative instability in the crypto’s price experienced during that period.
PEGA Pool Announces the Official Launch of Its Eco-friendly Bitcoin Mining Pool
UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable energy. By allowing clients to connect their ASIC miners to its platform and mine together, it provides them with a more consistent and attractive income than mining alone.
E.U and US Can Coordinate Effort "on a Shared International Approach to Regulating Crypto": EU Commissioner
Mairead McGuinness, a Commissioner for financial services, financial stability, and capital markets union at the European Commission has called on the United States and the European Union to coordinate efforts with respect to regulating digital currencies.
Banking Circle Adopts USDC as Currency on its Payment Rails
Banking Circle, an European Union (EU) regulated payments bank has announced that it has integrated the USD Coin (USDC) stablecoin into its payment rail
The Downturn in Bitcoin Signals Long Endurance before Reaching new ATH, Analyst Says
Veteran analyst Peter Brandt believes that new all-time highs (ATHs) of Bitcoin take quite some time before being realized. The market should expect long-endurance to be remained.
Bitcoin’s Long-Term Fundamentals Remain Strong
Despite the bearish momentum in the Bitcoin market, long-term fundamentals are in the green because coins are moving from weak hands to strong ones.
Chinese Banks Clarify on Crypto Account Freezing Despite Alipay’s Crypto Ban Last Year
China’s banks were rumored to be freezing client accounts that have a history associated with the buying and selling of cryptocurrencies. However, according to a recent report, Chinese banks have clarified that this is not the case, and they are not shutting down any legal fiat to crypto accounts.
Coinbase Quarterly Trading Volumes Jump 67% to $547B
U.S. cryptocurrency exchange Coinbase Global Inc said that it saw a surge in quarterly trading volumes with a jump of over 67% to $547 billion in the quarter ended December 31.
Cryptoassets Use in Ukraine War under Scrutiny by Global Regulators: Reuters
The use of crypto assets is being closely watched by global financial regulators amid the war in Ukraine after worry about its use to evade Western sanctions on Russia, according to Reuters.
What Biden’s Presidency Could Mean for Crypto
With Joe Biden's presidential win, the crypto community has speculated on how this would impact the industry.
Bitcoin Price at $30,000 Could Mean BTC is Rising too Far too Fast, says Tone Vays
Bitcoin trader Tone Vays has warned that should Bitcoin price hit $30,000 this week, BTC will be “Rising too far too fast Zone” which typically leads to price plunges.
Greece Council of State Rules for the Extradition of a Russian Bitcoin Laundering Suspect to France
Greece Council of State has ruled in favor of the order to extradite a Russian bitcoin laundering suspect named Alexander Vinnik, A.K.A "Mr. Bitcoin" to France, as reported by Greece Greek Reporter.
Institutional Investors Regain Confidence towards Crypto while Retail Investors Remain Hesitant: Analysis
Analysis suggests institutional investors have an increasingly optimistic stance on the cryptocurrency ecosystem, and then retail investors are still hesitant to return to the market.
Ethereum Whales Continue Ramping up, Despite Price Slip Below $4,000
Active whales in Ethereum (ETH) have taken advantage of the retracement happening in the market by accumulating more coins.
Coinbase Acquires FairX, Creating Room for Crypto Derivatives Market
Coinbase is launching a cryptocurrency derivatives service for its clients by announcing the acquisition of derivatives exchange FairX.
Cozy Web3 Movement: Cozies announces minting of Cozies NFTs for October 10th
Cozies, an immersive community-driven movement promoting a "Cozy" culture of living, has announced its first-ever Cozies NFT release is minting for October 10th at 10 am EST on its Cozies.io website. Inspired by lo-fi anime aesthetics, sci-fi, and streetwear culture, the Cozies collection is made up of ERC721A 10,000 NFTs, each intentionally crafted to reflect a Cozy futuristic reality.
Almost $98 Billion Evaporated in the Crypto Space Triggered by a Big Sell-Off in the Global Stock Market
About $98 billion has been evaporated in the crypto market as Bitcoin sinks below $30K for the second time since mid-May.
Musk Abandons Twitter Board, Tesla Builds Partnership to Make BTC Mining Eco-Friendly
Tesla's boss Elon Musk decides not to join the board, who recently become the biggest shareholder in Twitter. Meanwhile, Tesla, Blockstream, and Jack Dorsey-owned Block have teamed up to power a bitcoin mining facility with solar energy.
NBA champion Andre Iguodala to Accept Salary Payment in Bitcoin
American basketball player Andre Iguodala, who plays for the NBA's Golden State Warriors, tweeted Monday that he will accept bitcoin as a salary.
Billionaire Investor Ray Dalio:"I Rather Have Bitcoin Than Bonds"
Ray Dalio reveals that he owns Bitcoin, stating that he prefers the crypto to bonds. He said that the crypto’s biggest risk is its success. He warned that if it becomes more successful (larger asset class), it poses a real threat to others like cash and bonds, and this could prompt governments to ban the digital asset.
Binance Adds Its Sixth Fiat-To-Crypto: The Turkish Lira
The Turkish fiat currency has been listed to trade against bitcoin, ethereum and XRP on the Binance web platform.
Lark Davis Escapes Celsius Network Bankruptcy With $2.5Million
According to crypto sleuth ZachXBT, Lark Davis withdrew $2.5 million from Celsius long before the company crashed.
Hut 8 Mining Corp. Responds to Short-Seller Accusations Amid Stock Tumble
Hut 8 Corp faces serious accusations from JCapital Research, claiming mismanagement and legal issues post-merger, leading to a significant stock price drop. The company is now working to address these allegations and reassure investors.
Coinbase Goes Down, Causing XRP Token Price to Flash Crash on the Crypto Exchange
Coinbase cryptocurrency exchange experienced technical difficulties that knocked down XRP token’s price on the platform by 30%.
DBS Bank To Launch Its Crypto Exchange for Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH)
Singaporean multinational banking and financial services firm DBS Bank Ltd. has confirmed that it will be launching its digital asset exchange next week.
SupraOracles Goes Live on Ethereum, Polygon, Aptos and Four Other L1 Blockchain Testnets
Have a blockchain dApp ready to integrate the most state-of-the-art Oracle? Sign up for Supra’s Network Activation Program (SNAP) for the opportunity to receive free oracle and VRF/RNG credits before the list is full.
1% of your Investment Portfolio Should Be Allocated to Bitcoin - JPMorgan Strategists
JPMorgan recommended a 1% allocation of one’s portfolio into Bitcoin as a way to hedge against the volatility of traditional asset classes.
Spain Bank BBVA Launches Bitcoin Trading Service in Switzerland
Spanish bank BBVA launches a new Bitcoin trading service for its customers based in Switzerland.
Facebook Considers Fiat-pegged Stablecoins for Libra
Despite facing constant criticism, Libra continues to stead on, with consideration of using Fiat – Pegged Stable coins for the project to replace its initial proposal of having a synthetic unit.
Argentina Approves First Regulated Bitcoin Futures Index
The securities regulator of Argentina has approved the first regulated Bitcoin futures index on the Matba Rofex exchange, with the futures contract based on the price of BTC provided by various entities in the country. This provides a safe and regulated way for qualified investors to gain exposure to Bitcoin in a transparent environment. The launch of the Bitcoin futures contract comes as Argentina struggles with high inflation and citizens turn to Bitcoin as a way to mitigate its effects.
Will The Crypto Market Cap Dip Below The $1 Trillion Mark Again?
The crypto market is seeing yet another crash with BTC, ETH, BNB leading the crash. The crypto market cap is crumbling from this dump-offs.
The End of Bitcoin: Which Cryptocurrencies will survive a future crash?
During the Covid crisis, casual investors started to swap stocks and shares and even golf for investment in cryptocurrency, with Bitcoin and other altcoins like Ethereum proving to be hugely popular.
Bitfinex Launches $400 Million Bounty Hunt for 2016 Hackers Who Stole $1.3 Billion in BTC
Bitfinex has launched a 400 million dollar bounty hunt in search of the hackers responsible for the theft of nearly 120,000 Bitcoins from the global exchange in 2016.
Bitcoin Back to Positive Territory Following Rally at $46,000
Bitcoin went past the level of $46,000 over the past two weeks which has put the world's top cryptocurrency back on track to positive territory for the year, according to Bloomberg.
Kazakhstan-Based Crypto Miners Face Unprecedented Situation
Kazakhstan-based crypto miners have been witnessing an unprecedented situation as they find themselves surrounded by uncertainty due to political forces.
Forum Blockchain Life 2021
Sixth biggest offline event on blockchain,cryptocurrencies and mining - Blockchain Life 2021 - takes place on April 21-22 in Moscow
Bitcoin Transaction Fees Altering its Ecosystem
Bitcoin (BTC) transaction fees entail the amount charged for your proceedings to be handled by a miner and approved by the Bitcoin network.
Bitcoin Has Been Through Two US Presidential Elections, This One Will be Different for BTC
During the two US elections in 2012 and 2016, Bitcoin was still too nascent to have seen any profound impact arise. What about this coming election?
El Salvador Buys the Dip for another 150 Bitcoins
Despite missing the bottom by seven minutes, President Nayib Bukele of El Salvador announced that the Central American nation still bought 150 new Bitcoins at the $48K level.
Coinbase warns of losing crypto industry leadership
The U.S. SEC has issued a Wells notice to Coinbase. As a result, Coinbase warns that the U.S. government’s regulatory approach to crypto has created an uncertain and unstable environment. Meanwhile, other countries, such as France, the U.K., and the European Union, are building friendlier crypto regulation ecosystems and becoming crypto hubs, causing the U.S. to lose its status as the leading hub of the crypto sector.
Bitcoin Price Smashes $35,000 to New ATH, What's Next for the BTC Price?
Bitcoin price has surged to a new all-time high again on Jan. 6 with crypto bulls pushing BTC above $35,000 after days of consolidation in the low $30,000 range.
FTX Launches FTX Access to Provide Institutional Products and Services
Cryptocurrency exchange FTX launched FTX Access, which focuses on serving institutional investors in digital assets.
Kucoin Global Users Can Now Purchase Crypto With Debit/Credit Cards
KuCoin exchange has launched the KuCoin Fiat Account, an avenue by which its customers around the world can fund their accounts using either a Visa or Mastercard debit or credit card.
U.S. Intends to Impose Tax on Crypto to Support Infrastructure Construction Amid Musk and Dorsey Express Strong Dissatisfaction
As the bipartisan Senate began to vote on President Joe Biden's infrastructure package, the taxation of cryptocurrency transactions in this infrastructure plan cited Tesla CEO Elon Musk, Jack Dorsey, Senator Criticism by Ted Cruz, and others.
Australia's Novatti Group to Launch Stablecoin on the XRP Ledger
Novatti Group has announced it will be integrating its new stablecoin, AUDC with the XRP Ledger following a partnership with blockchain payments firm, Ripple Labs Inc.
PayPal CEO Dan Schulman Says He is Bullish on Bitcoin As a Currency
PayPal CEO Daniel Schulman noted in an interview with CNBC that he is bullish on the future of Bitcoin, cryptocurrencies, and Central Bank Digital Currencies
OKX Announces Notcoin (NOT) Addition to Jumpstart Mining
OKX introduces Notcoin (NOT) to its Jumpstart Mining from 13th May, allowing TON holders to stake tokens and earn NOT in return.
Coinbase: Cryptocurrency Aids Americans in Maintaining Financial Stability
Exploring how cryptocurrency helps Americans secure their financial future.
Binance to Delist and Update Leverage & Margin Tiers of Five Cryptocurrencies
Binance announces the delisting and update of leverage & margin tiers of five COIN-M perpetual contracts.
Filecoin (FIL) Celebrates Public Goods and Community Growth
Filecoin highlights growth in its decentralized storage network and the dedication of its community teams towards the development of public goods.
Core Scientific to Present at 19th Annual Needham Tech & Media Conference
Core Scientific's CEO, Adam Sullivan, is set to present at the 19th Annual Needham Technology, Media, & Consumer Conference.
EOS: Bitcoin's Capabilities to be Extended with New 'Docking Layer' exSat
The EOS Network Foundation unveils the exSat whitepaper, a powerful new 'Docking Layer' set to extend Bitcoin's capabilities.
Crypto Drainers: The Rising Threat to Bitcoin (BTC) and Other Cryptocurrencies
A deep dive into the increasing threat of crypto drainers to Bitcoin and other cryptocurrencies, highlighting ways to avoid falling victim.
OKX Launches P2P Block Trade for High-Volume Crypto Transactions
OKX introduces its P2P block trade service for secure, efficient high-volume crypto transactions.
Bitwise Explains Bitcoin ETF Mechanics: A FAQ Guide
Bitwise Investments provides answers to common investor questions about Bitcoin ETFs.
Binance Cancels Listing of Notcoin (NOT) Trading Pair NOT/BTC
Binance has decided to cancel the listing of the NOT/BTC trading pair for a better user trading experience.
OKX Ventures Invests in Bitcoin Layer 2 Solution, Bitlayer
OKX Ventures announces a strategic investment in Bitlayer, a Bitcoin Layer 2 solution based on BitVM.
Bitcoin Displays Potential Stability Amidst Global Economic Uncertainty
Bitcoin shows signs of stability with increased exchange outflows and ETF inflows, despite ongoing macroeconomic challenges.
Privacy and Security Updates from Worldcoin in 2024
An overview of Worldcoin's recent steps in improving privacy, security, and user choice in 2024.
Binance Launches New WOTD Game on Meme Coins
Binance introduces a Word of the Day game featuring Meme Coins.
Riot Proposes to Acquire Bitfarms for $2.30 Per Share
Riot Platforms proposes acquisition of Bitfarms to create the largest publicly listed Bitcoin miner.
Record $1bn Inflows in Digital Asset Investment
Digital asset inflows reach a record high of $14.9bn.
Bitcoin (BTC) Scalability Solutions: An In-depth Analysis
An in-depth analysis of Bitcoin scalability solutions including Lightning Network and zero-knowledge rollups.
World Assets Ltd. Extends Loan Agreements with Trading Firms, Keeping 10M WLD Tokens in Circulation
World Assets Ltd. extends loan agreements with trading firms, maintaining 10M WLD in circulation until June 2025.
Vitalik Buterin Reflects on Bitcoin's Block Size War
Vitalik Buterin offers insights into the Bitcoin block size war, analyzing key perspectives and lessons.
Bitcoin (BTC) and Stablecoins Threaten Emerging Market Currencies, Report Suggests
Bitcoin and stablecoins are posing a significant threat to weak emerging market currencies, according to CoinShares.
Digital Asset Inflows Hit $2bn in May, Ethereum (ETH) Sees Positive Sentiment Shift
Digital asset funds see $2bn inflows in May, Ethereum sentiment turns positive.
Bitcoin (BTC) Enters Accumulation Phase Amid Market Adjustments
Bitcoin (BTC) enters accumulation phase as market adjusts post-all-time high.
New MiCA Stablecoin Rules to Impact European Crypto Users, Announces Binance
Binance announces significant changes due to new MiCA stablecoin rules in the EEA.
Circle Seeks Collaboration with BIS for Project Agorá
Circle applies to join BIS's Project Agorá, aiming to enhance global financial systems.
FilOz: New Public Goods Team Enhances Filecoin (FIL) Ecosystem
FilOz, a new team in the Filecoin (FIL) ecosystem, focuses on securing, upgrading, and expanding the network.
Worldcoin (WLD)'s Return to Spain Supported by 90% of World ID Holders
Nearly 90% of World ID holders in Spain support the return of Worldcoin (WLD), according to a recent survey.
Paxos: The Crucial Role of Stablecoins in Transforming DeFi
Explore the impact of stablecoins on DeFi and their future prospects.
Filecoin (FIL) Introduces Key Updates and Integrations in 2024
Filecoin unveils new integrations, initiatives, and events for 2024, enhancing its decentralized storage ecosystem.
Worldcoin Expands World ID Verification to Colombia Amid Growing Support
Worldcoin introduces World ID orb verifications in Colombia, gaining support for proof of humanness.
Bitfarms (BITF) Announces Results of Annual Shareholders' Meeting
Bitfarms reveals the outcomes of its annual shareholders' meeting, including board elections and auditor reappointments.
Bitfinex: Bitaxe Ultra is Pioneering Open-Source Bitcoin Mining Hardware
Discover the Bitaxe Ultra, an open-source Bitcoin ASIC miner leveraging Bitmain's BM1366 chip for efficient home mining.