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US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft

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

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 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

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

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.

Hong Kong IFEC Warns Against Trading on Illegal and Foreign Platforms for Virtual Assets

Hong Kong IFEC Warns Against Trading on Illegal and Foreign Platforms for Virtual Assets

The investor and Financial Education Council (IFEC), a public organisation under the Securities and Futures Commission (SFC), has issued a warning regarding the potential risks connected to unlicensed and foreign virtual asset trading platforms.

Bitcoin Set to End the Year with a Bang With Biggest Monthly Gain Since May 2019

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

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.

US Officials Consider Expanding Deposit Insurance Coverage

US Officials Consider Expanding Deposit Insurance Coverage

US officials are discussing the possibility of expanding deposit insurance beyond the current cap of $250,000 to cover all bank deposits, according to Bloomberg. However, sources have said that such a move is not necessary at the moment, as recent steps taken by financial regulators are likely to be sufficient. This potential strategy is being considered in case the current situation worsens.

Binance Completes 21st Quarterly BNB Burn With $548M BNB Destroyed

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

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

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

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

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

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

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 Hedge Fund Gains Exposure to Bitcoin through Grayscale

Millennium Management has gained exposure to Bitcoin (BTC) through Grayscale Bitcoin Trust (GBTC).

Why MicroStrategy Invested $425M in Bitcoin Rather than Gold

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 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 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

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 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 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 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.

Exploring the Boundaries of AI in Creative Domains: Can Machines Match Human Ingenuity?

Exploring the Boundaries of AI in Creative Domains: Can Machines Match Human Ingenuity?

We delves into the evolving capabilities of AI in creative domains, analyzing whether artificial intelligence can achieve a level of creativity comparable to humans.

Rwanda’s Central Bank is Planning to Issue Its Own Digital Currency

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.

16.4% of Total Bitcoin Supply Back to Profitability as Daily BTC Addresses Edge Closer to the 1M Mark

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

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

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.

Hedera Hashgraph Chief Scientist Dr. Leemon Baird—Defeating the Byzantine Generals and Bringing a Layer of Trust to the Internet

Hedera Hashgraph Chief Scientist Dr. Leemon Baird—Defeating the Byzantine Generals and Bringing a Layer of Trust to the Internet

In our exclusive interview with Hedera’s Chief Scientist and Co-Founder Dr. Leemon Baird, Blockchain.News gets the details on how Hedera Hashgraph achieves Asynchronous Byzantine Fault Tolerance, the growing Hedera Governing Council and the use of the Hedera Hashgraph DLT to prevent coupon fraud.

Blockchain.News is now available on Dow Jones Factiva Database

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?

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?

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

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...

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

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

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 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 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

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.

China’s President Xi Jinping Asks ASEAN Countries to Join Hands in Building A ‘Digital Silk Road’

China’s President Xi Jinping Asks ASEAN Countries to Join Hands in Building A ‘Digital Silk Road’

China’s President Xi Jinping is calling for greater collaboration among ASEAN member states and has asked them to promote a ‘Digital Silk Road’ in the region.

BitMEX Co-Founder Ben Delo Faces Class-Action Lawsuit Over Alleged Market Manipulation

BitMEX Co-Founder Ben Delo Faces Class-Action Lawsuit Over Alleged Market Manipulation

BitMEX co-founder Ben Delo faces a class-action lawsuit over alleged market manipulation, with a U.S. judge ruling that he played a central role in designing a liquidation system that allowed the exchange to profit from the scheme.

EJF Capital Secures $104 Million for EJF Ventures Fund

EJF Capital Secures $104 Million for EJF Ventures Fund

EJF Capital LLC has closed its EJF Ventures Fund LP, raising $104 million. The fund focuses on investing in financial technology firms, including blockchain infrastructure, bank technology, and software for wealth management. EJF Ventures has invested in twelve early-stage companies in the US, UK, and Israel.

Utah Man Ordered to Settle Over $2.5 Million for Bitcoin Fraud by CFTC

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.

Ripple Co-Founder Jed McCaleb Dumps 28 Million XRP Tokens amid SEC Lawsuit

Ripple Co-Founder Jed McCaleb Dumps 28 Million XRP Tokens amid SEC Lawsuit

Jed McCaleb, Ripple’s co-founder and its former Chief of Technology Officer, has seemingly resumed the sale of his XRP reserve, cashing out 28 million XRP.

Former facilities worker who allegedly set up a secret cryptocurrency mining operation

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

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

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 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

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

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 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

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

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 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 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

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?

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. 

DelMonte Adopts Blockchain-Powered Traceability Solutions for Quality Assurance

DelMonte Adopts Blockchain-Powered Traceability Solutions for Quality Assurance

To render innovative and best-in-class solutions to its products and services, Fresh Del Monte Produce has invested in Jordanian and UK-based startup Decapolis for blockchain-enabled traceability solutions.

Australian Pleads Guilty to Securities Fraud in $90 Million Crypto Scam in the U.S.

Australian Pleads Guilty to Securities Fraud in $90 Million Crypto Scam in the U.S.

An Australian man named Stefan He Qin has pleaded guilty to draining the investor accounts of his New York-based cryptocurrency fund to the tune of $90 million.

The SpaceX Token Scam: A Cautionary Tale in Cryptocurrency Fraud

The SpaceX Token Scam: A Cautionary Tale in Cryptocurrency Fraud

SpaceX Tokens, a cryptocurrency linked to SpaceX, are allegedly used for decentralized funding and community engagement, but evidence suggests they are part of a scam involving fake advertisements and social media.

Arbitrum Proposes 75 Million ARB Short-Term Incentive Program

Arbitrum Proposes 75 Million ARB Short-Term Incentive Program

Arbitrum ($ARB) Incentives Working Group proposes a Short-Term Incentive Program to distribute 75 million ARB tokens from DAO-funded incentives to active protocols on the Arbitrum network. The program aims to support network growth, experiment with incentive strategies, find new grant models, and collect incentive data for future programs.

Decentralized Exchange dYdX Proposes $20M Incentive Program for v4 Launch

Decentralized Exchange dYdX Proposes $20M Incentive Program for v4 Launch

Chaos Labs proposes a $20M, 6-month Launch Incentives Program for the transition to dYdX v4. The initiative aims to facilitate user and volume migration to the new dYdX Chain, with a robust pre-launch and post-launch strategy. Governance proposals will guide the distribution of DYDX rewards, maintaining transparency and community oversight throughout the program.

TempleDAO Hacker Moves Stolen Funds to Sanctioned Crypto Mixer Tornado Cash

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?

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.

Su Zhu Amongst Creditors Files $5m Claim against His Own Firm: Sources

Su Zhu Amongst Creditors Files $5m Claim against His Own Firm: Sources

Su Zhu, the co-founder, and CEO of bankrupt Three Arrows Capital (3AC) is reportedly amongst the creditors that filed claims against the embattled crypto hedge fund.

China Continues to Influence Crypto Activities Worldwide, Study says

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

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

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.

Bank of Japan Sets Up New Research Team For Digital Yen CBDC Development

Bank of Japan Sets Up New Research Team For Digital Yen CBDC Development

Japan’s central bank has recently revealed that it has created a new team to research on Central Bank Digital Currencies.

BitMEX Research: Inflation Aftermath of Coronavirus Financial Crash Will Be Bitcoin's Greatest Test

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.

China Launches Digital Yuan Pilot Wallet for Android and iOS Users

China Launches Digital Yuan Pilot Wallet for Android and iOS Users

The People’s Bank of China has extended its pilot tests for the country’s Central Bank Digital Currency (CBDC) or digital Yuan with the launch of a new mobile wallet for Android and iOS users.

MicroStrategy Plans to Increase BTC Holding by Selling Class A Shares Worth $500m

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 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

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

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

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.

Vitalik Buterin Explores Ethereum Protocol Enhancement Strategies

Vitalik Buterin Explores Ethereum Protocol Enhancement Strategies

Ethereum's co-founder, Vitalik Buterin, reflects on Ethereum's protocol enhancement strategies in a recent blog post, weighing the merits of a minimalistic approach versus enshrining more features into the core protocol to address various user needs and system efficiencies. The discussion encompasses account abstraction challenges, the shift towards enshrinement, and the exploration of specific enshrinement targets like ZK-EVMs, proposer-builder separation, private mempools, liquid staking, and precompiles.

Paypal will Enable Crypto Withdrawals to External Wallets

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

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

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

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.

Binance to Remove Liquidity Pools: ADA, APE, AVAX, DOT and More

Binance to Remove Liquidity Pools: ADA, APE, AVAX, DOT and More

Binance plan to remove several liquidity pools from its Liquid Swap platform, aiming to improve trading experience. The removal will take effect on September 1, 2023. Users with positions in these pools will automatically return their assets to their Spot wallets. However, they can redeem their assets before the removal date.

Gold Regains Its Old Shines While Bitcoin Struggles to Maintain $37,500 Level

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

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.

SEC Lawsuit against Ripple Continues with Gary Gensler Taking The Lead

SEC Lawsuit against Ripple Continues with Gary Gensler Taking The Lead

With Gary Gensler officially sworn in as the official Chairman of the Securities and Exchange Commission (SEC), many XRP advocates are hoping that this may be an opportunity for the SEC and Ripple to revisit the basis of the lawsuit and to rediscuss it.

Blockchain.News Ecosystem

Blockchain.News Ecosystem

Blockchain Ecosystem

Iran Government Offers Up To 20% Reward To Anyone Who Exposes Illicit Cryptocurrency Mining In The Country

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.

BlockFi Triumphs Over Bankruptcy, Initiates Creditor Reimbursements

BlockFi Triumphs Over Bankruptcy, Initiates Creditor Reimbursements

BlockFi, a cryptocurrency company, emerged from bankruptcy in October 2023 and has since implemented a plan to repay creditors and return digital assets to clients. The company is now focusing on asset recoveries from entities like FTX and 3AC, processing claims for fair distributions, and Wallet customers can withdraw assets.

Miami Plans to Distribute "Bitcoin Yields" To Local Residents

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 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

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

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.

Taiwanese Singer Chen Lingjiu Implicated in JPEX Cryptocurrency Fraud Case

Taiwanese Singer Chen Lingjiu Implicated in JPEX Cryptocurrency Fraud Case

Taiwanese singer Chen Lingjiu faces fraud case involving JPEX, highlighting potential pitfalls of celebrity endorsements in cryptocurrency investments and the need for robust regulatory measures.

South Korea's Digital Won Project Sees First Trial Stage Completed

South Korea's Digital Won Project Sees First Trial Stage Completed

The Bank of Korea (BOK) announced that it has completed the first stage of its Central Bank Digital Currency (CBDC) or Digital Won trials, according to its official press release.

Blockchain Enhances Traceability of Organic Cotton from Farm to Consumer

Blockchain Enhances Traceability of Organic Cotton from Farm to Consumer

Fashion for Good, PVH Corp, C&A Foundation & Organic Cotton Accelerator, Bext 360, and Zalando have successfully collaborated on a blockchain pilot project that traces organic cotton from farm to consumer.

Is the Crypto Market about to Burst? Mark Cuban Compares Crypto Downtrend to Internet Stock Bubble

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.

Jim Rogers Predicts Economic Bailout Meltdown, Wall Street Investors will turn to Bitcoin Safe Haven

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.

PayPal Flags User’s Cryptocurrency Trades as “Risky” and Freezes Remaining Funds

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

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.

Arbitrum One Achieves a Historic $10 Billion TVL Milestone

Arbitrum One Achieves a Historic $10 Billion TVL Milestone

Arbitrum One's recent surge to a $10.22 billion TVL not only marks a major milestone for Ethereum Layer 2 networks but also highlights its growing acceptance and diverse asset portfolio, following a substantial funding journey and robust technology development.

Argo Bitcoin Miner Sells 637 BTC to Offset Costs & Outstanding Loans

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.

Huobi And Solaris Offer EU Crypto-To-Fiat Debit Cards

Huobi And Solaris Offer EU Crypto-To-Fiat Debit Cards

Huobi, a cryptocurrency exchange, launched a crypto-to-fiat debit card cooperation with Solaris, a European financial services company. Huobi users may utilize their digital assets internationally at the point of sale through Visa's program. In the second quarter of 2023, European Economic Area (EEA) users will get the card.

Top Tips for New Bitcoin Investors

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

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

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.

Australian Farmer Teams Up with FreshChain for Watermelon Traceability via Blockchain

Australian Farmer Teams Up with FreshChain for Watermelon Traceability via Blockchain

Andrew Martens, an Australian owning Marto Farms, has joined hands with Fresh Chain Systems, a local tech firm, in deploying blockchain technology on his watermelon labels to propel traceability. Buyers across Australia will, therefore, be able to trace the originality of the fruit.

Cryptos in Space: The Future of Blockchain in the Final Frontier

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

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 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

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."

Switzerland to Freeze Crypto Assets Linked to Russians

Switzerland to Freeze Crypto Assets Linked to Russians

Switzerland will join the UK, the US, and western allies in strengthening sanctions against Russia after its invasion of Ukraine.

Argo Blockchain Increases Daily Bitcoin Production Despite Network Difficulty Spike

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.

China's DCEP Will Not Compete With WeChat and AliPay

China's DCEP Will Not Compete With WeChat and AliPay

China’s digital currency also known as the Digital Currency Electronic Payment (DCEP) will not be competing with WeChat and AliPay says Research head.

Central African Regional Bank Seeks to Introduce Common Digital Currency

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 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?

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

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.

Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies

Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies

Visa teams up with SmartMedia Technologies to launch a pioneering Web3 Loyalty Engagement Solution, revolutionizing customer loyalty with gamified, immersive experiences and digital wallets.

Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin

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

$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 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

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

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.

NFT Transactions Projected to Hit $40m by 2027 amid Metaverse Trend

NFT Transactions Projected to Hit $40m by 2027 amid Metaverse Trend

NFT transactions are expected to reach $40 million by 2027 as the metaverse trend continues gaining steam, according to a report by Juniper Research.

FTX and Busan Reaches Deal to Accelerate Blockchain Businesses

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.

Chainlink (LINK) Hits $20 ATH as Developer Activity Goes Through the Roof, DeFi-ing Expectations—What’s Next?

Chainlink (LINK) Hits $20 ATH as Developer Activity Goes Through the Roof, DeFi-ing Expectations—What’s Next?

Chainlink has had its year in 2020, reaching multiple all-time highs, at hitting $20 on Aug.16. Chainlink’s developer activity has seen a surge as well.

Facebook, Google, Twitter Face $600 Million Class Action Lawsuit Over Cryptocurrency Ad Ban

Facebook, Google, Twitter Face $600 Million Class Action Lawsuit Over Cryptocurrency Ad Ban

The trio of Facebook, Google and Twitter have been slammed by a $600 million class-action lawsuit by a group of companies and individuals backed by Sydney based JPB Liberty

FTX US and Alameda Research File Complaint Against FTX Digital Markets

FTX US and Alameda Research File Complaint Against FTX Digital Markets

FTX US and Alameda Research have filed a complaint against FTX Digital Markets, alleging that the Bahamas-based company was a "fraudulent enterprise" used to conceal the issue of the firm's ownership. The complaint claims that the claims made by FTX Digital Markets will harm FTX.com customers and other creditors of the FTX Debtors as the company continues with bankruptcy proceedings in the United States.

Bitcoin’s Dominance Peaks as BTC Price Unmoved by XRP's Massive Sell-Off

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 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?

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?

Lawsuit against Ooki DAO Takes New Twist as CFTC Commissioner Dissents Ruling

Lawsuit against Ooki DAO Takes New Twist as CFTC Commissioner Dissents Ruling

The regulator said Ooki DAO offered digital asset margin trading, which they’re not permitted by law to do.

Is Bitcoin Gearing Up to Exit the Current Bottom?

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.

Saros Cryptocurrency (SAROS) will be listed on Bybit

Saros Cryptocurrency (SAROS) will be listed on Bybit

Saros raises $3.75M in funding and gets listed on Bybit with a 50,000 USDT prize pool, marking significant strides in expanding its reach and enhancing its offerings in the DeFi space.

Argentina Believes in Bitcoin and Cryptocurrency as Most Effective Hedge Against Inflation, Paxful Survey

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

Why Bitcoin May Have to Fight the $50K Mark a Bit Longer

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

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

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

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

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.

Ethereum to Undergo 4 Phases to Tackle the Scalability Issue after Merge

Ethereum to Undergo 4 Phases to Tackle the Scalability Issue after Merge

Since the Merge is the first step toward solving the scalability trilemma, Ethereum will have to undergo four more steps to solve this issue.

Exclusive: How to Achieve Interoperability Between Polkadot and Bitcoin?

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!

Dubai’s Blockchain Market to Surpass $118 Million by 2025

Dubai’s Blockchain Market to Surpass $118 Million by 2025

Smart Dubai, a government entity established in 2013 to make Dubai a smart city, has revealed that the application of blockchain technologies in the city will increase to Dh437 million, around $118M USD, by 2025 from Dh 35 million, approximately $95M USD, recorded in 2018

Twitter CEO Endorses Bitcoin For Black America

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

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.

CBDC Project will Help Enhance Japan's "Settlement System," Says Bank of Japan Executive

CBDC Project will Help Enhance Japan's "Settlement System," Says Bank of Japan Executive

Bank of Japan's Kazushige Kamiyama has revealed that the country’s proposed central bank digital currency will enhance the country’s settlement system.

Defiance ETFs' NFT-Linked ETF Soon to Launch in the U.S.

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 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 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.”

China's e-CNY is Growing, despite Local Payment Options Lack behind

China's e-CNY is Growing, despite Local Payment Options Lack behind

China’s CBDC is growing at a fast pace as data released official from the PBOC financial markets department revealed the new legal tender has inked a total of 87.57 billion yuan ($13.68 billion) in transactions since public trials began.

JPMorgan and CNBC Jim Cramer Predict S&P 500 to Rally to New Highs, Bullish Bitcoin Trend to be Expected

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.

PayPal Expands Talent Hunting in Ireland to Speed up Crypto Development

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.

Helium Farm's New Mining Plans Promise Lucrative HNT Returns in 2024

Helium Farm's New Mining Plans Promise Lucrative HNT Returns in 2024

Helium Farm unveils three innovative mining plans in 2024, promising attractive returns on HNT. Offering robust services and global reach, the plans are a blend of profitability and security for investors

Hong Kong Embraces Web3 Despite Crypto Market Volatility

Hong Kong Embraces Web3 Despite Crypto Market Volatility

Hong Kong's financial secretary, Paul Chan, has emphasized the need for the city to embrace Web3 technology, despite the fluctuations in the crypto market. Chan has proposed a strategy that focuses on proper regulation and promoting development to facilitate Web3's steady growth. He also noted that Hong Kong plans to prioritize financial security, prevent systemic risks, and focus on investor education and protection. The region's approach to crypto regulation contrasts with that of the United States, which has adopted a more hardline response to the industry.

Is Blockchain’s Immutability the Holy Grail for Logistics?

Is Blockchain’s Immutability the Holy Grail for Logistics?

The logistics industry can leverage on blockchain’s immutability in propelling order tracking, administrative efficiency, and dispute resolution.

WILL BITCOIN BECOME A GLOBAL LEGAL TENDER?

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

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.

Exclusive: What are Top 5 FinTech Career Advice for Graduates?

Exclusive: What are Top 5 FinTech Career Advice for Graduates?

Prof. Aris Stouraitis presents how Master of Science in Finance (FinTech and Financial Analytics) offered by Hong Kong Baptist University strives to nurture interdisciplinary talents and he offers the top 5 career advice for graduates who wish to work in FinTech and blockchain industry!

MicroStrategy CEO Reveals why Bitcoin is a Better Investment than Gold

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.

Serbian Citizen Extradited to US to Face Crypto-Related Fraud Charges

Serbian Citizen Extradited to US to Face Crypto-Related Fraud Charges

An accused scammer has arrived in the US from Serbia to face charges that he and other six conspirators involved in a crypto fraud scheme that defrauded investors out of over $70 million.

Tesla Has Cashed in $1 Billion from its Bitcoin Investment, says Analyst

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 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

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 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.

Is Cryptocurrency the Answer? Egypt’s Central Bank Limits Daily Cash Withdrawals Amid Coronavirus Crisis

Is Cryptocurrency the Answer? Egypt’s Central Bank Limits Daily Cash Withdrawals Amid Coronavirus Crisis

Egypt is facing a severe cash crunch as the country is feeling the economic pressure of the coronavirus outbreak. The central bank of Egypt has instructed local banks to begin restricting daily withdrawals and has instructed citizens not to withdraw so much money.

Google Cloud Introduces Threat Detection System against Crypto-mining Malware

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.

Hashkey Group Targets $1 Billion Valuation with $200 Million Fundraising

Hashkey Group Targets $1 Billion Valuation with $200 Million Fundraising

Hong Kong-based HashKey Group, Asia’s leading end-to-end digital asset management and finance house, is in preliminary discussions to raise up to $200 million, a move that could propel its valuation north of $1 billion, as Hong Kong emerges as a growing global crypto hub.

Which Cryptocurrency Was Most Correlated to Rest of the Crypto Market In 2019?

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.

Italy Taxes Cryptocurrency Capital Gains 26%

Italy Taxes Cryptocurrency Capital Gains 26%

Italy's Senate authorized a 26% capital gains tax on crypto-asset transactions above 2,000 euros (roughly $2,13 at publishing). Crypto assets may be transferred and kept digitally. Crypto assets were taxed less as foreign currency in the nation.

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

The Guangzhou Housing Provident Fund Management Center has successfully implemented the usage of the Chinese version of the Central Bank Digital Currency (CBDC), commonly known as the digital Yuan, for housing provident fund loans.

Ethereum Price Gains 45% in 24 hours, What’s Driving the ETH Price Rally?

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?

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

In the race to be the first country to launch a functional CBDC, China appears to be in the lead, as it has begun experimenting with its digital currency.

UAE Central Bank Pioneers Digital Dirham Transfer to China via mBridge

UAE Central Bank Pioneers Digital Dirham Transfer to China via mBridge

The UAE Central Bank achieved a significant milestone by executing its first cross-border digital dirham transfer worth 50 million dirhams ($13.6 million) to China using the mBridge platform on January 29, marking a new era in digital currency transactions.

Bloomberg Predicts Bitcoin Price to Surge Past $20,000 in 2020, Doubling Last Year’s High

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.

Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency

Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency

Visa has filed a patent application to create a blockchain-based digital currency on a centralized computer, according to a publication by the US Patent and Trademark Office (USPTO). The patent was originally filed in November 2019, and was described as “Digital Fiat Currency.” The US dollar was mentioned as one of the fiat currencies to be used potentially, although the patent could also apply to other central bank digital currencies including the pound, yen, and the euro.

Senate Banking Committee to Develop Bipartisan Regulatory Framework for Cryptocurrencies

Senate Banking Committee to Develop Bipartisan Regulatory Framework for Cryptocurrencies

The Senate Banking Committee, led by Sherrod Brown and Tim Scott, may regulate crypto in the upcoming Congress.

BTC Surges after Elon Musk Discussed With North American BTC Miners

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.

Crypto.com Airdrops LeBron James NFT Series

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”

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

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 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

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.

FTX Seeks Court Approval to Sell $175M Genesis Claim Amid Bankruptcy Proceedings

FTX Seeks Court Approval to Sell $175M Genesis Claim Amid Bankruptcy Proceedings

FTX has filed a motion in Delaware court to sell a $175 million claim against bankrupt Genesis Global Capital, aiming to optimize returns from the sale. The move is part of FTX's broader strategy to manage its financial recovery post-collapse, with the proposed sales procedure designed to ensure maximum value from the claim amidst Genesis's ongoing legal and financial challenges.

Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

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.

IRS Crypto Disclosure Letters Violated US Taxpayer Rights in 2019

IRS Crypto Disclosure Letters Violated US Taxpayer Rights in 2019

The IRS shook up the US crypto sector last year, when it issued Letter 6137 to American taxpayer’s which demanded that all citizens declare any unreported crypto gains within 30 days. One year on and an IRS watchdog has slammed the letter as a violation of the Taxpayer Bill of Rights.

Worldcoin Launches Advanced Identity Verification in Singapore

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 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

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.

Korean Prosecutors Consulting if LUNA Classified "Security"

Korean Prosecutors Consulting if LUNA Classified "Security"

The probe into Terraform Labs by South Korean prosecutors is taking a whole new twist as watchdogs are making consultations on how best to classify the collapsed LUNA tokens - now known as Luna Classic (LUNC).

Federal Reserve Chair Powell Affirms There Is Ongoing Research for a Digital Dollar

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.

Over 30 Japanese Firms to Conduct Digital Yen Pilot Test

Over 30 Japanese Firms to Conduct Digital Yen Pilot Test

Major Japanese companies from various sectors will collaborate to engage in a pilot test to issue a private digital currency or Digital Yen.

Market Slips Into a Bear Motion, Fate in The Merge of ETH Might Reboot Positive Sentiment

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

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.

DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis

DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis

Digital Currency Group paid up all short-term loans to Genesis, a previous bitcoin lending platform, as promised. DCG repaid $700 million in 2023 despite crypto sector woes. Genesis filed for bankruptcy in early 2023 after a withdrawal halt due to obligations of over $3.5 billion to its principal creditors. The bitcoin market is changing significantly with this development.

5% of Coinbase Employees Leave the Exchange, Rejecting Its “Apolitical Stance”

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

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.

BitMEX Lists Luna 2.0, ETH Margin and Settlement Options

BitMEX Lists Luna 2.0, ETH Margin and Settlement Options

BitMEX users are now able to trade ETH options and USDT-margined Terra Luna 2.0 contracts, all with up to 25x leverage.

ARK Invest CEO says Bitcoin Is a "Much Bigger Idea than Apple or Amazon" as Crypto Gains More Recognition

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.

NHL Partners with Sweet for Digital Collectibles NFTs Marketplace

NHL Partners with Sweet for Digital Collectibles NFTs Marketplace

NHL is looking to invest in NFTs to boost the sports league's growth. The NTF marketplace is expected this upcoming season.

$136M Inflow into Crypto Assets, Bitcoin Remains Preferred Choice

$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

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.

Dubai Police to Release Second Bunch of NFTs

Dubai Police to Release Second Bunch of NFTs

The Dubai Police plans to roll out the second collection of NFTs after the first bunch attracted approximately 23 million people globally.

Cardano Scoop: ADA/BTC Flirts with Support as Selling Pressure Increases

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

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

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

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.

Crypto Bank Anchorage Digital To Make Entry into Asia

Crypto Bank Anchorage Digital To Make Entry into Asia

Crypto Bank Anchorage Digital is making an entry into Asia with five new partnerships, including crypto exchange Bitkub, asset management firm Dream Trade, blockchain investment firm FBG Capital, venture firm IOSG Ventures and digital assets financial services provider Antalpha.

Brazilian Central Bank Exec Says CBDC Pilot to Go Live this Year

Brazilian Central Bank Exec Says CBDC Pilot to Go Live this Year

Roberto Campos Neto, the President of the Central Bank of Brazil, has confirmed that there will be a pilot testing of Central Bank Digital Currency (CBDC) dubbed the Digital Real.

Data Shows US Economy Shrinks Amid Recession while Crypto Surges in Bearish Rally

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

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.

Messari Raises $35M in Series B Round

Messari Raises $35M in Series B Round

Blockchain-based data analytics platform, Messari has announced the successful completion of its Series B funding round in which it pulled $35 million.

TRON DAO Announces New Grants Program to Foster Growth of Overall Ecosystem

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.

Yuga Labs Acquires Roar Studios to Expand Metaverse Vision

Yuga Labs Acquires Roar Studios to Expand Metaverse Vision

Yuga Labs, known for Bored Ape Yacht Club, has agreed to acquire Roar Studios, enhancing its metaverse vision.

“VISION 20/21” – Finding Clarity in Uncertainty at Business of Design Week (BODW) 2020

“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

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.

Haru Invest Provides Update on Current Situation Amidst Investigation into B&S Holdings

Haru Invest Provides Update on Current Situation Amidst Investigation into B&S Holdings

Haru Invest, a prominent investment firm, has released an update regarding the ongoing investigation into B&S Holdings and its efforts to recover assets. The company has been fully cooperating with investigative authorities, although no specific details about the progress of the investigation have been disclosed yet.

Kraken Halts ACH Deposits and Withdrawals via Silvergate

Kraken Halts ACH Deposits and Withdrawals via Silvergate

Kraken has notified its users that it will no longer support ACH deposits and withdrawals via Silvergate starting from March 27, citing difficulties with the automated clearing house. Kraken has advised its users to use alternative funding options until ACH funding is available again.

Bitcoin Network Breaks Record With 22.3 Million Unique BTC Addresses in January

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.

Bybit Now Supports Crypto Purchases with Credit or Debit Cards

Bybit Now Supports Crypto Purchases with Credit or Debit Cards

Bybit users can directly buy crypto with their credit or debit cards using fiat currencies, the cryptocurrency exchange company announced.

Bitcoin Tops $40,000 for The First Time but Experts Warn of Looming Price Correction

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

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

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 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.

Fed Chair Powell Says Central Bank Will Engage with US Lawmakers On Digital Dollar

Fed Chair Powell Says Central Bank Will Engage with US Lawmakers On Digital Dollar

Federal Reserve Chair Jerome Powell says it will be up to United States lawmakers whether or not to bring a digital dollar to the market.

UAE Markets Regulator Approves Trading of Canadian-Based Bitcoin Fund on Nasdaq Dubai Stock Exchange

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

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).

UAE to Strive for Virtual Service Provider Licenses before Q2

UAE to Strive for Virtual Service Provider Licenses before Q2

In a bid to become a global crypto hub, the United Arab Emirates (UAE) is gearing up to issue federal licenses to virtual asset service providers (VASPs) by the end of Q1 2022.

Mintology Announces The Launch of New Brand Centric Claimable NFT Platform

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

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

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.

Qatar to Explore CBDC

Qatar to Explore CBDC

Qatar is exploring use cases of introducing a CBDC, including all aspects, the pros and cons of the digital currency as well as digital banking.

Singapore State Investor Temasek Joins Libra Association, Facebook’s Global Digital Currency Project

Singapore State Investor Temasek Joins Libra Association, Facebook’s Global Digital Currency Project

Singapore’s state investor, Temasek Holdings has officially been named a member of the Facebook-backed digital currency project Libra. Temasek as a portfolio value of 313 billion Singapore dollars (roughly $219 billion), making it one of the more prominent backers of Libra. The Libra Association, an independent group based in Switzerland has also welcomed crypto investor Paradigm and Slow Ventures, a private equity firm.

Bitcoin Cash advocate Roger Ver sued for $20.8 million

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.

Kraken Amplifies European Footprint with BCM Acquisition

Kraken Amplifies European Footprint with BCM Acquisition

US-based cryptocurrency exchange, Kraken, has announced its plan to acquire Dutch crypto broker BCM as part of its European expansion strategy. This move aligns with the new MiCA regulatory framework, promoting a favorable investment climate in the region. The acquisition will enhance Kraken's service offerings and market position in the Netherlands.

Haru Invest Addresses Rehabilitation Procedures and Asset Distribution Concerns

Haru Invest Addresses Rehabilitation Procedures and Asset Distribution Concerns

On Aug 6, Haru Invest clarified court rehabilitation procedures and asset distribution plans, following legal challenges and member concerns.

Messari Releases Research Reports on the TRON Ecosystem and the Stablecoin USDD

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

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: 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 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.

List of Important Resources on Central Bank Digital Currency (CBDC)

List of Important Resources on Central Bank Digital Currency (CBDC)

Blockchain has the potential to change the whole monetary and financial industry. But it still has a long way to go, as currently, the money issuance power is in the hands of central banks. The compromised way of welcoming blockchain technology in the monetary and financial industry are the central bank issued stablecoins - CDBC.

KPMG in Canada Acquires World of Women (WoW) NFT

KPMG in Canada Acquires World of Women (WoW) NFT

KPMG Canada, a full-service Audit, Tax, and Advisory firm owned and operated by Canadians, have announced it has purchased a World of Women (WoW) NFT.

Crypto Data Platform Offers Digital Asset Data to Institutional Clients via BT Radianz Cloud

Crypto Data Platform Offers Digital Asset Data to Institutional Clients via BT Radianz Cloud

CryptoCompare, the digital asset data provider company for both institutional and retail clients, announced in a press release on its blog that it plans to offer a suite of digital asset data products via the BT Radianz Cloud, as a secure and reliable financial markets cloud communities which will enable institutional clients to have a fine, secure and dependable perspective of the growing digital asset class.

Mercado Bitcoin, Stellar Team Collaborate on Brazil’s CBDC Project

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 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.

What is Ethereum Founder Vitalik Buterin’s Net Worth?

What is Ethereum Founder Vitalik Buterin’s Net Worth?

Ethereum founder Vitalik Buterin’s net worth must be growing as the eth price continues to surge gaining more than 7% in the last 24 hours.

Bakkt's Strategic Expansion Leads to Significant Revenue Growth Amid Crypto Market Recovery

Bakkt's Strategic Expansion Leads to Significant Revenue Growth Amid Crypto Market Recovery

Bakkt Holdings forecasts a substantial revenue increase and a 70% decline in operating cash flow usage for FY 2024, following a robust year of strategic advancements.

Britain Eyes Becoming a Crypto Hub, Upgrading the Market by Adopting DLT

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.

Hong Kong-Based OSL Digital Securities Receives License Uplift to Enable Retail Trading of Bitcoin and Ethereum

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...

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.

DeFi Hack Linked to North Korea

DeFi Hack Linked to North Korea

The $197 million DeFi hack on Euler Finance has been linked to North Korea after blockchain investigator Chainalysis identified that 100 ETH from the stolen funds was transferred to an address associated with North Korea-linked actors. While Chainalysis suspected the involvement of North Korea, it highlighted the possibility of misdirection by other hackers. Euler Labs CEO expressed disappointment in the hack, revealing that ten separate audits over two years assured its security.

Hackers Steal Cryptos from General Bytes Bitcoin ATM via Zero-day Bug

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.

Square CEO Jack Dorsey Commits Himself To Bitcoin

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

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 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

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?

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

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

Verida Collaborates with Nimble to Implement Decentralized Insurance Protocol

Nimble is partnering with Verida to build a decentralized insurance protocol.

BitMEX Lays Off 25% Staff after Failing to Acquire German Bank

BitMEX Lays Off 25% Staff after Failing to Acquire German Bank

BitMEX Derivatives Exchange has reportedly cut off 25% of its staff following information shared with employees last week.

Digital Asset Gateway Fasset Launches Peer-to-peer Trading Platform in Pakistan

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.

Fujitsu and Ricex Reveals World’s First Blockchain-Enabled Rice Trading Platform

Fujitsu and Ricex Reveals World’s First Blockchain-Enabled Rice Trading Platform

Fujitsu has revealed its collaboration with Rice Exchange (Ricex), a Switzerland-based startup, for the first-ever blockchain-powered rice trading platform. This move seeks to offer unparalleled traceability, efficiency, transparency, and security to the worldwide rice market worth a whopping $450 billion.

Senator Lummis Still Trusts Bitcoin For Retirement

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).

Global Supply Chain Financing: A New Era of Resilience and Diversification

Global Supply Chain Financing: A New Era of Resilience and Diversification

Citi's 2024 report on supply chain financing highlights a shift towards resilience and diversification in global trade, emphasizing technological innovations and the adoption of the China Plus One strategy.

Crypto Price Index Predicted to Revolutionize the Cryptocurrency Market

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

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 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

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

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 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.

Brad Garlinghouse Predicts Ripple-SEC Feud to End by 2022

Brad Garlinghouse Predicts Ripple-SEC Feud to End by 2022

The ongoing court case between the United States Securities and Exchange Commission and blockchain payments firm Ripple Labs Inc is likely to close next year, drawing on the optimism of the firm’s CEO, Brad Garlinghouse.

How Bitcoin’s Narrative Has Significantly Changed in 2020, According to CoinShares Chairman

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.

Visa Establishes Advisory Services, Helping Clients Maneuver their Crypto Journey

Visa Establishes Advisory Services, Helping Clients Maneuver their Crypto Journey

As part of efforts to expand the knowledge base of its clients and partners in their cryptocurrency journey, payment giant Visa has introduced a global crypto advisory practice as part of the consulting & analytics department.

Gate.io Launches First Country-Specific Site at Blockchain Economy Summit Türkiye

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.

Top 10 Dapps on Ethereum Network Surpass 1 Million Daily Users

Top 10 Dapps on Ethereum Network Surpass 1 Million Daily Users

The top 10 decentralized applications on the Ethereum network have hit 1,017,760 daily active wallet users, according to data analytics company DappRadar.

Twitter and Alibaba Enter Global AI Race

Twitter and Alibaba Enter Global AI Race

Twitter and Alibaba are reportedly integrating artificial intelligence (AI) into their businesses. Meanwhile, Gemini co-founders Tyler and Cameron Winklevoss have funded their business with a $100 million personal loan. This week’s Crypto Biz also covers MetaMask's new feature for purchasing cryptocurrency and Alibaba's new chatbot assistant.

Bitdeer Reports Robust Operational Performance for October 2023

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.

FDIC Calls Out FTX US, Other Crypto Firms to Stop Misleading Users About Deposit Protection

FDIC Calls Out FTX US, Other Crypto Firms to Stop Misleading Users About Deposit Protection

FDIC sent letters to five crypto firms requesting them to stop making false claims about deposit insurance.

Ukraine to Record War Against Russia in NFTs

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.

Hamilton Lane Tokenizes Funds to Offer Individual Investors Access Private Markets

Hamilton Lane Tokenizes Funds to Offer Individual Investors Access Private Markets

Hamilton Lane is making three investment funds available to individual investors by tokenizing part of its $835 billion funds via a partnership with Securitize.

Bitcoin Lightning Network Capacity Breaches 3,000 BTC for the First Time

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

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"

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

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.

Billionaire Mark Cuban Reveals that He Has Invested in Bitcoin

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.

Wave Financial Acquires Swiss-based Criptonite Asset Management

Wave Financial Acquires Swiss-based Criptonite Asset Management

A US-based regulated digital asset investment management firm makes its first acquisition in Europe. The acquisition paves the way for Wave Financial to make further expansion globally.

Stellar CEO Denelle Dixon Joins IMF Panel on Cross-Border Payments

Stellar CEO Denelle Dixon Joins IMF Panel on Cross-Border Payments

Stellar CEO Denelle Dixon is slated to take part in the IMF's annual meeting today, to discuss the private-sector’s role in addressing the limitations of cross-border payments.

Worldcoin's Global Identity Protocol Hits 2 Million Sign-ups

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

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 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.

Fitch Warns El Salvador’s Bitcoin Adoption Will Hurt Local Insurers’ Credit Ratings

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.

Number of Bitcoin Addresses with Non-Zero Balances Hits ATH

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

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.

Tencent Report: Leading AI Innovation with Responsible Safety and Ethical Practices

Tencent Report: Leading AI Innovation with Responsible Safety and Ethical Practices

Tencent's report emphasizes its commitment to responsible AI, emphasizing safety and ethical practices in large models, highlighting strategies for model security, value alignment, and ethical considerations.

Public feedback on the SFC's proposed cryptocurrency exchange licensing regime

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 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

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.

State Street: Most Asset Managers are Bullish on Blockchain and Crypto

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

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.

CFTC Files First Lawsuit Against DAO

CFTC Files First Lawsuit Against DAO

The Commodity Futures Trading Commission (CFTC) has filed its first lawsuit against a decentralized autonomous organization (DAO).

US authorities are pursuing Bitzlato's creator

US authorities are pursuing Bitzlato's creator

Bitzlato creator Anatoly Legkodymov is arrested. The U.S. Department of Justice launched a "significant worldwide cryptocurrency enforcement action" against the corporation. "Primary money laundering issue" authorities confiscated its website.

El Salvador to Elevate Bitcoin Status by Issuing Bonds

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

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%

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.

Bank of Japan will test digital yen with three megabanks

Bank of Japan will test digital yen with three megabanks

Bank of Japan is working with three megabanks and regional banks to issue CBDCs. The pilot will test the issue of Japan's digital yen in 2023. 2026 ruling on digital currency.

Digital Asset Venture Dragonfly Acquires Crypto Fund MetaStable Capital for Rebranding

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.

Ripple Sees 1760 Percent Increase in Institutional Over-the-Counter Sales of XRP in Q2 2020

Ripple Sees 1760 Percent Increase in Institutional Over-the-Counter Sales of XRP in Q2 2020

Ripple reported an increase in over-the-counter (OTC) sales of its XRP cryptocurrency in the second quarter of 2020, totaling $32.55 million, compared to $1.75 million in Q1 2020.

Bitcoin Price Surges to 2020 High of $15,960, MicroStrategy Sees $182 Million Increase

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.

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

The US Eastern District Court of Virginia has charged six people for allegedly involved in laundering millions of dollars for Mexican drug cartels using cryptocurrency.

Chinese Bank Partially Owned by the Government Invests in Nervos STO

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

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.

China to Limit the Unauthorized Use of Other's Digital Properties

China to Limit the Unauthorized Use of Other's Digital Properties

The illegal use of people’s work including Non-Fungible Tokens (NFT) without getting their permission has been a concern to the National Copyright Administration in China (NCAC). To this end, the agency alongside four departments has therefore enacted policies in a special edition campaign ‘Jianwang 20222’ to combat this issue according to a press statement

Digital Dollar Project Floats Sandbox for Harness Potential CBDC Solutions

Digital Dollar Project Floats Sandbox for Harness Potential CBDC Solutions

The Digital Dollar Project (DDP) has announced the launch of its Technical Sandbox Program that will make further exploration into the potential of the technical exploration of a US CBDC or the Digital Dollar.

Voyager Digital Taps Former OCC Boss Brian Brooks as Director

Voyager Digital Taps Former OCC Boss Brian Brooks as Director

Cryptocurrency platform Voyager Digital has tapped the services of Brian Brooks, the current Chief Executive Officer of Bitfury as one of its non-Executive Directors.

Bitcoin Hodlers Experience Profits on Majority of Trading Days

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 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 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.

Trezor Strengthens Security Measures Amid Phishing Concerns

Trezor Strengthens Security Measures Amid Phishing Concerns

Trezor recently faced a security breach in its third-party support ticketing portal, potentially affecting 66,000 users. While user funds and device security remain secure, the incident raises concerns over increased phishing risks.

Bitcoin Ordinals Founder Proposes Immutable Metadata for Inscriptions

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 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 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.

Musk's Halloween Tweet Leads to DOGE, SHIB Uptrend

Musk's Halloween Tweet Leads to DOGE, SHIB Uptrend

DOGE shot up 14% within minutes following his tweet. However, the crypto shrank down to 12% at press time. While Shiba Inu also went up by around 5% to create a local high of $0.00001032.

Exclusive: Blockpass COO, on the Significance of the FATF Travel Rule to VASPs

Exclusive: Blockpass COO, on the Significance of the FATF Travel Rule to VASPs

Personal identity is a fundamental human right according to Article 8 of the United Nation’s Convention on the Rights of the Child. Identity is crucial to a functioning society and economy, however, there are 1.1 billion people in the world that do not have proof of identity and 45% of them are among the poorest 20% around the world. For enterprises, customer data protection can be proven costly as 2.8 billion consumer data records were exposed at an estimated cost of more than $654 million in 2018.

Washington DC Lawyers Can Now Accept Cryptocurrency Payments for Legal Services

Washington DC Lawyers Can Now Accept Cryptocurrency Payments for Legal Services

Lawyers working within the metropolitan area of Washington DC can now accept cryptocurrency payments for legal services so long as the fee agreement is reasonable and fair, and the lawyer is able to safeguard their digital assets, the District of Columbia Bar stated in an ethics opinion.

Crypto Tax Accounting Software Provider TaxBit Raises $130M From Investors

Crypto Tax Accounting Software Provider TaxBit Raises $130M From Investors

TaxBit has raised a $130 Million from investors to boost its tax reporting tools

Uber’s Former Security Chief Charged for Using $100K Bitcoin Hush Payment to Hide Data Breach

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?

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 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

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

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.

Dr. Ben Goertzel—Striving towards an Autonomous Decentralized and Compassionate Artificial Super Intelligence

Dr. Ben Goertzel—Striving towards an Autonomous Decentralized and Compassionate Artificial Super Intelligence

Dr Ben Goertzel is the founder and CEO of SingularityNET a blockchain-based Artificial Intelligence marketplace project. He has described the project as a medium for the creation and the emergence of the global super brain–an autonomous decentralized democratically governed artificial super intelligent network that must be biased toward compassion for the betterment of humanity.

Central Banks to Cross-Examine Libra’s Founders in Switzerland

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.

Walmart Hires Digital Currency and Cryptocurrency Product Lead

Walmart Hires Digital Currency and Cryptocurrency Product Lead

The multinational retail giant in the United States, Walmart, is hiring managing position in charge of cryptocurrency and digital products.

VeChain Releases New Official Block Explorer and Sync Ledger Wallet Interface

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.

Meta's Digital Assets Expansion: A Scrutiny by Maxine Waters

Meta's Digital Assets Expansion: A Scrutiny by Maxine Waters

Congresswoman Maxine Waters scrutinizes Meta's trademark applications, filed in March 2022, suggesting the company's continued involvement in the digital assets ecosystem, despite previous assurances of no ongoing projects in this area.

IMF Urges Countries to Consider Banning Cryptocurrencies

IMF Urges Countries to Consider Banning Cryptocurrencies

US Treasury Secretary Janet Yellen underlined the need for effective cryptocurrency regulation.

49% of Americans are Aware of NFTs: Pew Research Center

49% of Americans are Aware of NFTs: Pew Research Center

Nearly half of Americans have shown awareness of non-fungible tokens (NFTs), according to a survey by Washington-based think tank Pew Research Center.

Uniswap Founder Reveals Sophisticated Scam Targeting the Chinese Community

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.

Genesis Agrees to $21 Million SEC Settlement in Bankruptcy Resolution Effort

Genesis Agrees to $21 Million SEC Settlement in Bankruptcy Resolution Effort

Genesis Global settles with the SEC for $21 million over unregistered securities sales allegations, aiming to mitigate legal challenges and focus on repaying customers amid bankruptcy proceedings. The agreement, pending a February 14 hearing, marks a significant step towards resolving the company's financial and legal hurdles.

President Xi Urges Expedition of Blockchain Development in China

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.

Terra Co-Founders to Face Fraud Charges in South Korea

Terra Co-Founders to Face Fraud Charges in South Korea

As reported by a local media site, Munhwa, an organized group of LUNA and UST investors is planning to file a legal complaint against Terra CEOs Do Kwon and Daniel Shin for alleged fraud.

Has the DeFi Bubble Burst? Top DeFi Tokens Crash by 50%

Has the DeFi Bubble Burst? Top DeFi Tokens Crash by 50%

The decentralized finance (DeFi) industry appears to be crashing, with DeFi tokens plummeting and dropping by 50% and more over the past seven days.

Hong Kong Science and Technology Park: Turning Tech Startups' Visions into Reality

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.

Venture Capital Firm Variant to Establish $450m Venture Fund III

Venture Capital Firm Variant to Establish $450m Venture Fund III

Venture capital firm Variant has announced the launch of a $450 million Venture Fund III to help startups focused on Defi and Web3 infrastructure.

GRT, BTT, AVAX Prices Gain Over 150% As Best Cryptocurrency Gainers For The Week

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 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 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.

U.S. Judge Approves SEC's Motion to Extend its Discovery Period For Lawsuit with Ripple

U.S. Judge Approves SEC's Motion to Extend its Discovery Period For Lawsuit with Ripple

SEC's request to extend the facts discovery period for the ongoing Ripple case has been granted by Judge Sarah Netburn.

Ethereum’s Sentiment on Twitter Becomes Extremely Positive as DeFi’s Value Tops $80B

Ethereum’s Sentiment on Twitter Becomes Extremely Positive as DeFi’s Value Tops $80B

The Ethereum (ETH) network has been experiencing an uptick in activities and this made crowd sentiment on Twitter extremely positive, as disclosed by Data analytic firm IntoTheBlock.

Ledger and Tezor Dismiss Rumor That Hackers Have Stolen Data from Popular Crypto Wallet Providers

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

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.

Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT

Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT

COSIMO Ventures, an investment firm situated in Boston and Dublin, recently announced that the Rochester Institute of Technology (RIT) has endorsed them with a seven-figure investment.

Judge Denies Telegram's Appeal to Issue Grams to Non-US Entities, Says it's Too Late to Question SEC Jurisdiction

Judge Denies Telegram's Appeal to Issue Grams to Non-US Entities, Says it's Too Late to Question SEC Jurisdiction

US Federal Judge P. Kevin Castel has denied Telegram’s request to issue its Gram tokens to overseas investors.

Nepal to Shut Down Crypto Trading Mediums

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.

Bank of Japan to Launch CBDC Proof-of-Concept in 2021

Bank of Japan to Launch CBDC Proof-of-Concept in 2021

The Bank of Japan (BOJ) has revealed its plan to kick start an early proof-of-concept on the issuance of its central bank digital currency (CBDC) next year.

What Pantera Capital CEO Thinks Will Be The Best Performing Cryptocurrency in the Next 12 Months

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 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

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

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"

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.

Electric Capital Raises $1B to Invest in Crypto Startups

Electric Capital Raises $1B to Invest in Crypto Startups

Palo Alto-based Venture Capital firm, Electric Capital announced today that it has raised the sum of $1 billion to invest in the cryptocurrency ecosystem

Wakweli and Polygon Partner for NFT Authentication

Wakweli and Polygon Partner for NFT Authentication

Web3 protocol Wakweli has partnered with layer-2 scaling platform Polygon to offer certification of authenticity for NFTs. The partnership will allow all digital assets on Polygon to be compatible with Wakweli's certification system, enhancing the security of the digital ecosystem. Wakweli's testnet will be available in April, with alpha testing with Polygon's mainnet set to begin in Q2 2023.

SVC Bank Caught in SVB Collapse Confusion

SVC Bank Caught in SVB Collapse Confusion

India's SVC Bank faced panic due to a mixup with collapsing Silicon Valley Bank, as their acronyms' similarity caused confusion among Indian citizens.

Bitcoin Transaction Fees as a Percentage of Total Miner Revenues Hit Lowest Point Since June 2020

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 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

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 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.

BOCI and UBS Partner to Issue First Tokenized Security in Hong Kong

BOCI and UBS Partner to Issue First Tokenized Security in Hong Kong

BOCI, a leading Chinese financial institution, has issued the first tokenized security in Hong Kong, reaching a milestone in digital finance.

Uniswap allows debit and credit card purchases of cryptocurrencies.

Uniswap allows debit and credit card purchases of cryptocurrencies.

Moonpay, a fintech business, and Uniswap, a company that trades in digital currency, have formed a partnership that will enable users of Uniswap's web app to purchase cryptocurrencies using debit cards, credit cards, or bank transfers. Purchases of cryptocurrencies will also be possible to be made through bank transfers for users of the decentralized exchange. Users in most states in the United States, Brazil, the United Kingdom, and the Single Euro Payments Area will soon have access to the bank transfer option (SEPA).

Bitcoin Will Rise to Over $1 Trillion In Next Ten Years, Tesla Investor’s BTC Value Prediction

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.

Democratic Presidential Candidate Robert F. Kennedy Jr. Champions Bitcoin at 2023 Conference

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."

Bitcoin Lightning Network Would be Practical for Small Payments than Debit Cards, Morgan Stanley Says

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.

Singapore Employs Blockchain-Enabled Digital Health Passport for Enhanced Medical Data Management

Singapore Employs Blockchain-Enabled Digital Health Passport for Enhanced Medical Data Management

The Singaporean administration teamed up with a local startup to establish a blockchain-powered digital health passport to boost medical records management.

SocGen Introduces Digital Asset Service for Firms to Develop Crypto Funds

SocGen Introduces Digital Asset Service for Firms to Develop Crypto Funds

Societe Generale has launched a new digital asset service, which so far has been adopted by Arquant Capital SAS, a French asset management firm.

Following Insolvency Fears, Celsius Network Taps Citigroup To Guide Financial Options

Following Insolvency Fears, Celsius Network Taps Citigroup To Guide Financial Options

Celsius has hired services from Citigroup and specialized lawyers to help restructure its business. The crypto lender will get a unique range of expertise that complements its capabilities and services to help propel its business back to life.

Satoshi Nakamoto's Quotes - Trust

Satoshi Nakamoto's Quotes - Trust

Satoshi Nakamoto's quotes - Trust

Interview with Noble Gold Investments CEO: Gold as Hedge Tool against Inflation?

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

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.

BitMEX Seeks to Connect Forex Market and Crypto Innovation through FX Perps

BitMEX Seeks to Connect Forex Market and Crypto Innovation through FX Perps

Crypto exchange BitMEX has launched the first-ever FX perpetual swap contracts (FX perps) that will enable users to trade the most sought-after foreign currency pairs 24/7, irrespective of whether the forex market (FX) is closed or not.

Bitcoin Needs to Reclaim $53,000 before a Bull Run to be Reignited

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

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.

Axie Infinity Dominates Crypto Games Sector: Crypto Head

Axie Infinity Dominates Crypto Games Sector: Crypto Head

The Crypto Head report added that Axie Infinity has a diluted market cap of almost $16 million - which is more than $10 million than third-placed Decentraland.

FINRA's 2024 Oversight Report Emphasizes Crypto Asset Compliance

FINRA's 2024 Oversight Report Emphasizes Crypto Asset Compliance

FINRA's 2024 Regulatory Oversight Report emphasizes compliance in crypto asset activities, emphasizing cybersecurity, anti-money laundering protocols, and transparent reporting, reflecting its commitment to guiding members in the evolving cryptocurrency world.

Binance Has Enabled Iranians Transact $8 Billion Despite Sanctions

Binance Has Enabled Iranians Transact $8 Billion Despite Sanctions

Since 2018, crypto exchange Binance has carried out Iranian transactions worth $8 billion despite being slapped with U.S. sanctions

Ethereum Classic Receives $10m Capital Boost from AntPool

Ethereum Classic Receives $10m Capital Boost from AntPool

Layer-1 blockchain protocol, Ethereum Classic has received a new $10 million capital boost for its ecosystem as announced by AntPool, the mining pool offshoot of Bitmain.

Morpheus.Network Integrates with Polygon to Simplify Supply Chain Activities

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?

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 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

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 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.

SEC's XRP and Grayscale Bitcoin ETF Cases Challenged by US House Majority Whip Tom Emme

SEC's XRP and Grayscale Bitcoin ETF Cases Challenged by US House Majority Whip Tom Emme

House Majority Whip Tom Emmer criticizes the US Securities and Exchange Commission's (SEC) approach to cryptocurrency regulation, citing legal losses against Ripple and Grayscale. Emmer questions the agency's treatment of Bitcoin futures ETFs and spot ETFs, adding to ongoing debate.