Home - News - Page 9

News

News

29 Jul 2022

CZ says crypto is healthier after $2T correction

It is Changpeng Zhao (CZ), CEO and creator of prominent cryptocurrency exchange Binance, who feels that a sequence of events that knocked roughly $2 trillion off the crypto market has made cryptocur

News

28 Jul 2022

Nirvana Suffers A Flash Loan Attack

The Solana network has experienced a second flash loan assault within a month. This time, the victim was the decentralized finance (DeFi) yield system Nirvana, and according to on-chain statistics,

News

28 Jul 2022

Congress Pushing the U.S. Stablecoins Bill Until After the August Break

After the August vacation, bipartisan legislation to provide a regulatory framework for stablecoins in the United States will be considered. Rep. Maxine Waters (D-CA) issued the following stateme

News

28 Jul 2022

Ripple lawyer: SEC chair declined to see crypto leaders

The Securities and Exchange Commission (SEC) of the United States has come under fire from prominent figures in the digital asset business due to the regulatory rules it has implemented. Now, a

News

27 Jul 2022

As BTC buying pressure rises, experts predict Bitcoin will hit $106k

Bitcoin has exceeded early proponents' expectations. Once deemed worthless, crypto has become one of the most promising financial asset classes. Some industry experts estimate Bitcoin to hit $100k i

News

27 Jul 2022

IMF sees stablecoins causing another crypto winter

Cryptocurrency markets are groaning under pressure after the Terra-LUNA meltdown and liquidity crisis in June, which has been exacerbated by the U.S. interest rate rise. Even stablecoins might colla

News

27 Jul 2022

Cardano Comes Out As The Most Developed Crypto

According to Santiment, a business that specializes in crypto analytics, Cardano (ADA) retains its position as the most prominent blockchain with regard to the frequency of relevant activity on GitH

News

27 Jul 2022

Polygon Network Q2 Transactions At $284M

As recently as the second quarter of 2022, Ethereum layer-2 solution Polygon revealed that their network has surpassed a transaction high of $284 million between April and June. The volume of tra

News

26 Jul 2022

Hollywood Producer Scams $2.5M Crypto

The Department of Justice claimed in a news statement on July 21 that Hollywood producer Felton, who was charged with several charges of wire fraud, securities fraud, and money laundering, agreed to

News

25 Jul 2022

JP Morgan Says Coinbase Shareholders Might Be At Risk

Following the recent exposure of a bitcoin insider trading tipping operation, another piece of unfavorable news may be on the way for Coinbase stockholders. Coinbase has been in the headlines fo

News

25 Jul 2022

Ex Meta workers secure $150M for quicker blockchain

Acquired $150 million in investment to create cutting-edge solutions to enhance blockchain and web3 experience for developers, Aptos Labs said Monday. An exodus of former Meta workers formed the

News

25 Jul 2022

Thailand’s regulator will probe Zipmex users’ losses

A cryptocurrency exchange called Zipmex, which mostly serves Southeast Asian countries, suddenly stopped accepting withdrawals, which affected many investors. However, the Securities and Exchange Co

News

24 Jul 2022

Four Convicted Of $25.2M Crypto Fraud

Four men have been convicted of stealing and laundering $25.2 million in cryptocurrency from an Australian crypto exchange. Criminals Stephen Boys, Kelly Caton, Jordan Kane Robinson, and James Au

News

23 Jul 2022

FTX will pay Voyager users who open an exchange account

If users of the Voyager cryptocurrency wallet sign up for an account on the FTX cryptocurrency exchange, the FTX exchange will implement a strategy to save the users of the Voyager wallet. Voyage

News

23 Jul 2022

Three Arrows assets worth $40m were liquidated

According to a story published by Bloomberg News on July 21, the liquidator of Three Arrows Capital (3AC), Teneo, has taken custody of assets worth $40 million that belonged to the hedge fund. Th

News

22 Jul 2022

Former Coinbase manager accused of insider trading

Ex-Coinbase product manager Ishan Wahi, his brother Nikhil Wahi and a friend Sameer Ramani have been indicted by the US Department of Justice (DOJ). On the basis of an alleged plot to engage in cryp

News

22 Jul 2022

Doodles NFT sales down by 80% from May’s levels

Doodles is one of the top 15 digital collector collections of all time, with a cumulative sales volume of over $511.85 million over the course of its existence. Doodles made a total of around $15.39

News

21 Jul 2022

Germany and the US are the top crypto-friendly countries

Germany and the US are top crypto-friendly economies. Coincub's Q2 2022 Global Crypto Ranking Report found this. Germany remained first from Q1 2022, while the US jumped from third. The US fared

News

21 Jul 2022

SEC: Coinbase Is Listing Assets That Are Securities

At least nine of the digital assets that are listed on the cryptocurrency exchange known as Coinbase are allegedly unregistered securities, according to the Securities and Exchange Commission (SEC).

News

21 Jul 2022

South Korea delays 20% crypto tax until 2025

There will be no 20% tax on crypto profits under the amount of 2.5 million won ($1,942.20) until January 20, 2025, the South Korea government stated Thursday, citing "the absence of an investor safe

News

21 Jul 2022

Bitcoin (BTC) Market Update After Tesla Sell-Off

Tesla has been forced to sell almost 75% of its Bitcoin holdings only 18 months after spending over $1 billion on the digital currency, in what looks to be a last-minute scramble to keep its finance

News

20 Jul 2022

Stablecoin Laws In The U.S. Might Come Sooner Than Expected

Stablecoin regulations in the United States may soon be the result of an agreement between two House members. In the event that a compromise is reached in the next few days, authorities will have a

News

20 Jul 2022

LG Electronics Ventures Into Metaverse

The most recent company to enter the metaverse is LG, which on July 19 submitted a trademark application for its LG ART LAB brand to the United States Patent and Trademark Office (USPTO). The com

News

20 Jul 2022

Zipmex Halts Withdrawals Due To Market Conditions

The Singapore-based cryptocurrency exchange Zipmex has suspended withdrawals of user funds until further notice. In its announcement, the company explained that the decision was influenced by the

News

20 Jul 2022

Bitcoin (BTC) Dump Triggers Bull Trap Warning

Price rises of Bitcoin have exceeded 7% in the past day and close to 20% in the previous seven days. The current price of Bitcoin (BTC) is $23.4K. The surge in Bitcoin's price is seen as a bull trap

News

19 Jul 2022

3AC Su Zhu and Kyle Davies’ Silence Outrages Liquidators

According to court records, liquidators are worried that Three Arrows Capital (3AC) founders may be relocating assets out of reach of creditors. 3AC doesn't seem to be complying with its liquidat

News

19 Jul 2022

US legislator slams SEC chief for not attacking big crypto exchanges

The Securities and Exchange Commission's (SEC) approach to regulation of large crypto exchanges has been challenged by Brad Sherman, the congressman who previously advocated for a ban on cryptocurre

News

19 Jul 2022

Reddit users raise concerns about Coinbase

In light of growing reports that Coinbase may go bankrupt, the crypto exchange has come under assault by Reddit users. Withdrawals and transfers not functioning, Coinbase being guaranteed by the

News

19 Jul 2022

The Crypto Market Is Back Above $1 Trillion!

An impressive week in the crypto market culminated in a solid start to the day Monday. The digital currency is now worth $21,558 following a recent increase of nearly 3%. For comparison's sake, Ethe

News

19 Jul 2022

Coinbase has been granted a license to operate in Italy

In a statement released Monday, Coinbase said it has gained a regulatory license to operate as a crypto service provider in Italy. In a statement, the US-based crypto trading platform said the licen

News

18 Jul 2022

Celsius Reveals Restructuring Plan

Exactly one month after suspending withdrawals and transfers from accounts, Celsius Network filed for bankruptcy. Judge Martin Glenn of the U.S. Bankruptcy Court for the Southern District of New Yor

News

18 Jul 2022

RBI India Determined to Ban Crypto

Over the last several years, India has changed its mind many times about whether to permit the usage of cryptocurrencies there. Indian Finance Minister Nirmala Sitharaman said on Monday that the Res

News

18 Jul 2022

How Could Miners Affect Bitcoin Price

A July 9 tweet by @PricedinBTC about the cost to mine Bitcoin in the US caught the crypto community's attention, particularly given BTC miners recent headlines. The crypto bear market and rising

News

18 Jul 2022

Voyager urges court to honor MCB withdrawals

The embattled crypto brokerage Voyager Digital has urged the New York bankruptcy court to respect client withdrawals of more than $350 million held by Metropolitan Commercial Bank, according to a co

News

18 Jul 2022

Celsius Network users are facing extended repayment waits

According to a recent report, Celsius customers may have to wait a long time to get their frozen assets on the struggling crypto lending site. Remember that earlier this week, the company filed f

News

18 Jul 2022

Coinbase Prominence Soars Amidst Everything

For centralized exchanges (CEXs), Coinbase looks to be suffering most from Crypto Winter. Cryptocurrency investors and traders may no longer be using the biggest American cryptocurrency exchange by

News

17 Jul 2022

What’s Going On With Coinbase

Coinbase, the biggest crypto exchange located in the United States, seems to be having issues, although it is not yet apparent whether this implies the firm is bankrupt, as reports have been circula

News

17 Jul 2022

Miners Liquidate 400% More Bitcoin Than in June

According to the most recent findings published by Arcane, a company that specializes in blockchain analytics, public miners sold close to 400 percent of their Bitcoin (BTC) output in June 2022.

News

16 Jul 2022

Trading volume of XRP surges as court rejects SEC’s allegations

XRP, Ripple's native token, has been hampered in its price growth by the ongoing lawsuit with U.S. SEC. Recent favorable court decisions in favor of the blockchain company have caused the token's pr

News

16 Jul 2022

Twitter and Elon Musk Get Into Court

The lawyers for Elon Musk filed a motion with the Delaware Chancery Court on Friday, calling Twitter attempt to expedite the proceedings a unjustifiable request. A quick trial is not possible, ac

News

15 Jul 2022

Crypto businesses owe investors and creditors $50B

A number of companies that are active in the crypto business, including Celsius Network, Terra, Voyager Capital, and Three Arrows Capital, have experienced a decline in their prospects over the cour

News

15 Jul 2022

OpenSea Lays Off 20% Of Its Workforce

Leading non-fungible token (NFT) market OpenSea has cut 20% of its workforce due to the ongoing economic slump, joining a long list of companies that have laid off employees in order to stay afloat.

News

15 Jul 2022

CoinPayment will cease operations in the United States

BleepingComputer reported Thursday that CoinPayment and its parent firm UAB Ventures are on the brink of abandoning the US market owing to increased security demands and industry developments. Re

News

15 Jul 2022

UK Treasury seeks public opinion on crypto

Crypto usage is developing quickly, and the UK doesn't want to fall behind global regulatory trends. The UK Treasury's recent crypto asset sector inquiry shows this. The government agency wants publ

News

14 Jul 2022

OKX Gets License To Operate In Dubai

Popular cryptocurrency exchange OKX, formerly known as OKEx, has added its name to a growing list of cryptocurrency trading platforms that have been granted permission to function in Dubai as a digi

News

14 Jul 2022

Celsius Files For Bankruptcy

Celsius Network, the embattled crypto lender, filed for Chapter 11 bankruptcy on Wednesday, July 13, after making numerous attempts to pay back its loans. After hearing the news, Celsius Networks' n

News

14 Jul 2022

California regulator investigates crypto firms

In a recent article, the California Department of Financial Protection and Innovation (DFPI) said that it is aggressively examining firms selling crypto interest accounts to US investors. The ban

News

13 Jul 2022

Burberry Introduces a Virtual Handbag on Roblox

The colossal British fashion house Burberry has now introduced a new virtual handbag into the Roblox game. The pattern of the handbag is based on the patterns that make up the name of the company.

Load More