Blockchain
Blockchain
20 Jun 2022
Crypto Firm BitOasis Lays Off Employees
BitOasis, a cryptocurrency exchange with a focus on the Middle East that is based in the United Arab Emirates, announced on Sunday that it had terminated the employment of nine of its staff members.
Blockchain
20 Jun 2022
Russia is developing a blockchain system
Russia technology companies are held by the Rostec Group, a government-owned corporation. Using a blockchain platform, they've developed a digital payment system that might someday replace the globa
Blockchain
20 Jun 2022
Changpeng Zhao Thoughts on When Bitcoin Bottom Will Come
Binance CEO, Changpeng Zhao "CZ" has an opinion on Bitcoin's bottom at a time when crypto experts and Bitcoin advocates are attempting to anticipate a bottom. As long as there are headlines proclaim
Blockchain
19 Jun 2022
Iran shuts down power supply to crypto mining operations
As of right now, Iran authorized crypto mines will no longer receive as much power as they used to. This decision will be put into effect on Wednesday, according to the Tehran Times. Unauthorized mi
Blockchain
19 Jun 2022
Immutable $500 Million Fund for Web3 and GameFi
To aid in the development of Immutable's Ethereum layer 2 scaling solution Immutable X, the Australian gaming company Immutable has announced the establishment of a $500 million ecosystem fund. U
Blockchain
19 Jun 2022
Elon Musk Says He Still Supports Dogecoin Amidst Lawsuit Scandal
Even a class-action lawsuit filed against Elon Musk for $258 billion alleging that he was running a cryptocurrency pyramid scheme couldn't stop him from publicly showing his continued support for Do
Blockchain
18 Jun 2022
Sweden Appoints Cryptoskeptic As New Central Bank Governor
With Erik Thedéen as its new governor and a longtime bitcoin skeptic, Sweden central bank has announced that Thedéen will take the reins at Riksbank on July 1. Stefan Ingves, the bank's previous
Blockchain
18 Jun 2022
Bitcoin (BTC) Forecast 06/18
Recent Bitcoin (BTC) losses caused the token to fall below a key support level, likely setting the stage for further losses in the near future. BTC dropped below the crucial $20,000 threshold on
Blockchain
17 Jun 2022
SEC Files 3 Documents with Court for Consideration in Ripple Case
The Securities and Exchange Commission (SEC) has claimed that the attorney-client privilege protects internal documents pertaining to Hinman's speech. As a result, the SEC has provided the court
Blockchain
17 Jun 2022
Kazakhstan will let licensed crypto exchanges open bank accounts
AFSA, the Kazakhstan regulator of financial services, has approved a pilot program allowing crypto exchanges licensed under its auspices to establish accounts with some second-tier banks. The initia
Blockchain
17 Jun 2022
Changpeng Zhao says that the crypto winter will last until the year 2026.
During an interview with Fortune, Changpeng Zhao (CZ), CEO of Binance, discussed the current crypto winter and predicted that it will last a long time. Although losses and platform closures mount
Blockchain
17 Jun 2022
Panama President Rejects Crypto Bill
For weeks, Panama President Lorentino Cortizo has been procrastinating on approving a crypto law offered by the country's parliament, claiming the absence of Anti-Money Laundering legislation and a
Blockchain
16 Jun 2022
UK digital minister says the nation wants to be a crypto hub
The UK digital minister is emphasizing his government's desire to make the nation a global center for cryptocurrency activity, while also expressing concern about criminal activities. Chris Philp
Blockchain
16 Jun 2022
Yahoo to launch Metaverse events in Hong Kong
One day after Meta Platforms detailed its own metaverse intentions for the area, Yahoo made an announcement about a variety of NFT and Metaverse-related activities that would take place in Hong Kong
Blockchain
15 Jun 2022
Mike Novogratz thinks crypto is nearing its bottom sooner than stocks
As a prominent American crypto advocate and creator of Galaxy Digital, Mike Novogratz thinks that bitcoin and other cryptocurrencies are closer to "the bottom" than US stock markets. When it came
Blockchain
15 Jun 2022
Restructuring attorneys hired by Celsius to relieve financial difficulties
Sources tell the Wall Street Journal that Celsius has recruited a legal team to help it restructure its firm after running into financial difficulties. Akin Gump Strauss Hauer & Feld LLP has
Blockchain
15 Jun 2022
Tether clarifies USDT backing as crypto crashes
In a statement released on Wednesday, Tether, the company behind the USDT stablecoin, scoffed at the notion that the currency is backed by subprime debt. There are no Chinese or Asian business pa
Blockchain
14 Jun 2022
Coinbase Will Lay Off 1,100 Employees
Brian Armstrong, CEO of Coinbase, revealed on June 13 that the business was cutting its employment by 18 percent, which amounts to around 1,100 people, according to the Wall Street Journal. Earli
Blockchain
14 Jun 2022
After a brief pause, Binance has restored BTC withdrawals
After a brief period of time during which the service was not available, the prominent cryptocurrency exchange Binance resumed withdrawals of Bitcoin (BTC). The cryptocurrency exchange made the a
Blockchain
14 Jun 2022
Binance U.S. was sued over Terra
A class action complaint has been filed against the United States branch of the global exchange Binance, Binance U.S., and as a result, the company is coming under further scrutiny. The complaint al
Blockchain
14 Jun 2022
Celsius Network Suspends Services
Following a notice that the network has suspended withdrawals, swaps, and transfers between clients, users of the crypto lending site Celsius are left biting their nails. So that "Celsius can better
Blockchain
13 Jun 2022
Crypto Market Analysis 06/13
Just a few hours before the time of this writing, the global crypto market had dropped below one trillion dollars. First time in more than a year the industry's worth has fallen below this figure.
Blockchain
13 Jun 2022
MicroStrategy Bitcoin Holding At A $713 Million Loss
Bitcoin (BTC) holdings of Microstrategy have fallen by 18% in the past day to $713 million, a loss of 18% in the company's BTC holdings. To now, Michael Saylor's firm has not sold any of its Bitcoin
Blockchain
14 Jun 2022
Controversial behavior by new LUNA validators has been detected
Without informing their delegators, LUNA validators PFC, Lavender.Five, and Red Herring have solicited new validators to increase commission levels from 0% to 20%. Larry, a Delphi Digital developer,
Blockchain
12 Jun 2022
Crypto Scammers Have Invaded Dating Apps
Some crypto scammers reportedly use dating apps like Tinder to build online relationships with their victims. According to The San Francisco Examiner, crypto fraudsters have targeted Silicon Vall
Blockchain
11 Jun 2022
The Crypto Economy Value Falls Below the Lows Recorded in July
There is currently less value in the $1.19 trillion crypto economy compared to what it was worth in July 2021. Cryptocurrencies including bitcoin, Ethereum, Cardano, and XRP have all dropped precipi
Blockchain
11 Jun 2022
Jack Dorsey to Launch New Web5 Platform Based on Bitcoin
To build a new decentralized platform called Web5, Jack Dorsey, former CEO of Twitter and founder of Block Inc., plans to use the Bitcoin network to build it. TBD, Block's bitcoin-focused company, i
Blockchain
11 Jun 2022
Lithuania government will ban anonymous crypto wallets
The European Union's authorities have been stepping up their efforts to regulate cryptocurrencies in the face of geopolitical concerns. There are more and more crypto asset and service providers all
Blockchain
11 Jun 2022
EU To Complete Crypto Regulation Soon
By this month, a recent report suggests, the European Union will have finalized its Markets in Crypto Asset (MiCA) bill. Legislation establishing uniform crypto regulations across the EU was pass
Blockchain
10 Jun 2022
Do Kwon Was Withdrawing $80 Million in Monthly Cash Flow Before Terra Crash
In a shocking turn of events, it has been reported that the United States Securities and Exchange Commission (SEC) has discovered evidence that shows Terraform Labs CEO Do Kwon was withdrawing $80 m
Blockchain
10 Jun 2022
Bitcoin of America expands ATMs by 30%
Since May, Bitcoin of America, a virtual currency exchange, has grown the number of its ATMs by more than 30%. Approximately 1,800 Bitcoin ATMs were operated by Bitcoin of America in March. More
Blockchain
10 Jun 2022
Binance and TripleA team up to provide cryptocurrency payment services
Binance, the largest cryptocurrency exchange in the world, announced on Friday that it has teamed up with crypto payment gateway TripleA for Binance Pay. Binance Pay, the company's contactless, bord
Blockchain
09 Jun 2022
Mastercard and Mercado Libre will boost Brazil’s crypto security
A partnership between Mastercard and the Latin American (LATAM) e-commerce giant Mercado Libre will use Mastercard's CipherTrace technology to enhance the security and transparency of its crypto pro
Blockchain
09 Jun 2022
BlockFi to raise $100M at $1B valuation
According to a story by Bloomberg on Wednesday, which cited individuals with knowledge of the subject, the cryptocurrency lending platform BlockFi is reportedly preparing to attract additional capit
Blockchain
09 Jun 2022
Jack Dorsey Crypto Adoption Acceleration Venture Is Launched
In an industry where fraud is on the rise, education platforms are proving to be the genuine thing. The adoption of Bitcoin is being aided by a number of specialized Bitcoin teaching sites. Bitcoin
Blockchain
09 Jun 2022
India is considering introducing thorough crypto tax guidelines
The India government intends to release detailed tax rules for the crypto industry before July 1, following the tax suggestions made in the Union Budget 2022-23. Authorities reportedly requested rul
Blockchain
08 Jun 2022
Solana Invest $100 Million In South Korean Web3 Startups
According to a report released on Wednesday, Solana Ventures and Foundation have announced a $100 million investment and grant fund to support the development of South Korean web3 firms built on the
Blockchain
08 Jun 2022
PayPal Allows Crypto Transfers to Third-Party Wallets and Exchanges
In response to several customer requests, PayPal, the world's largest payments processor, is now allowing users to move their cryptocurrency holdings from their PayPal accounts to external wallets a
Blockchain
08 Jun 2022
Justin Sun Transfers 100 Million USDT to Accumulate BTC and TRX
In one of the most recent tweets, the sophisticated blockchain monitoring company Whale Alert informed the public about the transfer of 100,000,000 USDT from an unknown wallet to Binance. This trans
Blockchain
08 Jun 2022
Update on the Ripple vs. SEC Case
A fresh letter from Ripple to the Securities and Exchange Commission (SEC) was submitted on Wednesday. There's a criticism in the letter that Ripple's latest Admission Request for Admission used a l
Blockchain
06 Jun 2022
Binance denies claims of laundering $2.4 billion in stolen crypto
The biggest cryptocurrency exchange platform in the world, Binance, has been helping criminals launder millions of dollars in cryptocurrencies between 2017 and 2021 according to a report from Reuter
Blockchain
06 Jun 2022
Unknown Amount Invested by Binance Labs in PancakeSwap (CAKE)
Binance Labs, the investment and incubation arm of leading cryptocurrency exchange Binance, announced on Monday that it had made a strategic investment in leading BNB Chain-based decentralized excha
Blockchain
06 Jun 2022
More On Elon Musk’s Twitter Acquisition
A letter from Tesla CEO Elon Musk outlining his concerns about a Twitter transaction might spell the end of Elon Musk's Twitter takeover plan. Musk brought up Twitter's treatment of phony accounts o
Blockchain
04 Jun 2022
During May, Tether’s USDT lost ground to the USDC
Several stablecoins have come under scrutiny following the recent collapse of TerraClassicUSD (USTC). Regulators around the world have begun to take action to safeguard and control them. Stablecoins
Blockchain
04 Jun 2022
More than $1 billion has been lost by victims of crypto frauds since 2021
Crypto appears to have resurrected internet fraud, which is nothing new. Since 2021, at least 46,000 people have been swindled by crypto frauds, according to a new FTC report. On Friday, the Fede
Blockchain
04 Jun 2022
South Korea is beefing up its crypto investigations and regulations
The Financial Supervisory Service (FSS) of South Korea launched an investigation into payment gateway services that work with digital assets on Friday, June 3. The Financial Services Commission (FSC
Blockchain
04 Jun 2022
Bored Ape Yacht Club Discord Gets Hacked Again
A phishing attack appears to have compromised the Discord servers of Yuga Lab projects Bored Ape Yacht Club (BAYC) and Otherside. Over 145 Ethereum ($256,000) worth of tokens were allegedly stole
Blockchain
03 Jun 2022
Armenia Central Bank Looking Into Crypto Regulations
Armenia central bank has been urged to do its job and put the country's crypto space back in order. In order to keep cryptocurrencies out of the wrong hands, regulators from both the federal governm
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