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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
News
15 Jun 2022
How China Is Increasing the Adoption of the Digital Yuan
China has been putting a lot of effort into developing a digital currency for its citizens. With the goal of expanding the reach of e-CNY beyond retail sales, the country has made great strides.
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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
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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
News
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
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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
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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
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14 Jun 2022
OpenSea Increases Security to Prevent NFT Fraud and Scams
New features have been added to OpenSea to combat the increasing amount of NFT scams, fraud, and hacks on OpenSea, according to the biggest NFT marketplace OpenSea. With this new functionality, Open
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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
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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
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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
News
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,
News
12 Jun 2022
Peter Schiff says rising inflation will cause more Bitcoin sales
Immediately with the announcement of the U.S.'s May 2022 inflation report with CPI at 8.6 percent, the crypto market was hit hard. Bitcoin and other cryptos have fallen by another 5% today, bringing
News
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
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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
News
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
News
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
News
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
News
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
News
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
News
10 Jun 2022
Lightning Network Capacity Exceeds 4,000 Bitcoin
With over 4000 Bitcoin (worth around $116 million at current rates) locked in channels, the Bitcoin lightning network's capacity reached a new milestone this week. In the previous several months, us
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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
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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
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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
News
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
News
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
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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
News
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
News
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
News
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
News
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
News
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
News
06 Jun 2022
What does the fact that Bitcoin miners sell during a slump indicate?
Bitcoin miners are liquidating their holdings against the background of fiscal consolidation and sluggish crypto sector development. Lark Davies, a crypto YouTuber, said that this has been occurring
News
05 Jun 2022
Soulja Boy stokes Cardano NFT craze
Charles Hoskinson, the developer of Cardano, said that by the year 2020, the Cardano ecosystem would have thousands of decentralized applications (DApps), hundreds of assets, loads of intriguing ini
News
05 Jun 2022
USDD breaks collateralization record amid stablecoin concerns
Despite the recent upheaval surrounding stablecoins, Tron's USDD has continued to make substantial progress over the previous month. The stablecoin has made significant progress since its inception
News
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
News
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
News
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
News
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
News
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
News
03 Jun 2022
Brazil central banker says CBDCs can stop bank runs
Fabio Araujo, an economist at the Brazil central bank responsible for its CBDCs work, revealed in a paper recently published by the Bank for International Settlements (BIS) that the monetary author
News
03 Jun 2022
A Terra insider accuses Do Kwon of gaining power through nepotism
Despite Terra CEO Do Kwon launch of the new Luna 2.0, the project appears to have lost faith. Even the launch of the new blockchain came amid much discussion about Do Kwon investment after the crash
News
03 Jun 2022
Attorney General of New York Warns Crypto Investors
On June 2, Attorney General Letitia James issued a "alert" warning New Yorkers of the risks associated with investing in cryptocurrencies. The message arrives as cryptocurrency markets continue t
News
02 Jun 2022
White House Developing Policy to Reduce Bitcoin Energy Consumption
Bloomberg Law reported on Thursday that the White House is working on policy recommendations to limit Bitcoin energy consumption and carbon footprint in the United States. Following a series of c
News
02 Jun 2022
Gemini Is Shrinking its Workforce By 10%
Gemini Trust, a cryptocurrency exchange created by Cameron and Tyler Winklevoss, has let off 10% of its employees due to a large decline in trading activity. This is the first time the exchange h
News
02 Jun 2022
How Will the Market Respond to Bitcoin Miners Chucking Tokens?
Bitcoin miners have began selling their holdings on the open market in response to the precipitous decline in the cryptocurrency's value. According to a report by Bitcoin miner Compass Mining, a num
News
01 Jun 2022
Solana Blockchain Stopped for 8 Hours
According to tweets from the project's Twitter account, Solana is suffering yet another outage but will shortly be restored. According to block explorer statistics, Solana has not processed any b
News
01 Jun 2022
Binance Labs start a $500 million fund that will focus on Web3
Binance Labs, the investment arm of the world's biggest cryptocurrency exchange Binance, announced on Wednesday the formation of a $500 million fund to support the web3 and blockchain ecosystems.
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