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Blockchain News

  • Crypto exchange BlockFi secures $250M credit from FTX amid bear market

    At a time when a significant number of crypto platforms are struggling to remain afloat, BlockFi hopes the new credit line would help them secure user’s funds

    2022/21/06
  • Bitcoin, Ethereum Technical Analysis: ETH, BTC Climb for Back-to-Back Sessions for First Time in Nearly 2 Weeks

    Bitcoin was trading higher for a second consecutive session on Tuesday, which is the first time it’s seen back-to-back gains in over two weeks. ETH also climbed in today’s session, as bulls continued to re-enter the market. Bitcoin BTC was trading higher for a second consecutive session on Tuesday, as markets continued to move away […]

    2022/21/06
  • Blockchain investments are disrupting the real estate industry: Report

    An in-depth research report delves deep into the market for tokenization of real estate properties worldwide as it surpasses $20 billion in size.

    2022/21/06
  • Celsius token CEL rises 300% in one week amid a GameStop-like ‘short squeeze’ event

    The crypto lending platform’s Insolvency risks puts CEL price at risk of a 70% drop.

    2022/21/06
  • Bitcoin in Zimbabwe: Importing cars and sending money to family

    A young Zimbabwean Bitcoiner built out a business with Bitcoin — importing cars and sending remittance payments — when he returned to his homeland during the COVID-19 pandemic.

    2022/21/06
  • Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand

    Iran to Shut Down Crypto Mining Farms Amid Record High Power DemandAuthorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid on Wednesday, the Islamic Republic’s Ministry of Energy announced. Legal Crypto Miners in Iran to Halt Operations Again Due to Electricity Shortages Authorized crypto mining […]

    2022/21/06
  • LBank Exchange Will List MintMe․com Coin (MINTME) on June 22, 2022

    PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 21, 2022 – LBank Exchange, a global digital asset trading platform, will list MintMe.com Coin (MINTME) on June 22, 2022. For all users of LBank Exchange, the MINTME/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on June 22, 2022. Providing a new and innovative way […]

    2022/21/06
  • Visa Launches Bitcoin and Crypto Enabled Cards in Latam

    visaVisa, one of the biggest payments companies in the world, has announced the launch of a series of crypto-enabled cards in partnership with several fintech startups in Latam. These cards will allow users to spend crypto, purchase crypto where Visa cards are accepted for such, and also receive crypto cash back through different fintech partners […]

    2022/21/06
  • Bitcoin S2F model gives false sense of certainty, says Vitalik Buterin

    Bitcoin S2F model gained a lot of popularity during the peak of the bull run, and even though there was criticism, most of it was ignored as the price seemed to follow the chart.

    2022/21/06
  • Study: Today’s Metaverse Still Not Suited for Remote Work

    metaverseA study released earlier this month has found that working in the metaverse with the tools available today might decrease the productivity of employees, and also increase their frustration and anxiety related to remote work. 11% of the participants in the study felt so much discomfort that they could not complete even a day in […]

    2022/21/06
  • Biggest Movers: THETA, HNT Rise Over 20%, Despite Crypto Crash

    THETA was trading higher on Tuesday, as prices rebounded, moving away from multi-year lows in the process. HNT also rallied, climbing by as much as 20% earlier in today’s session. Theta Network (THETA) THETA was one of the most notable movers during today’s session, as prices gained by nearly 20% earlier in the day. Following […]

    2022/14/06
  • SEC chair warns about ‘too good to be true’ returns amid market downturn

    Gary Gensler added that he continued to be “intrigued with the technology,” but did not directly address if the SEC would approve a Bitcoin exchange-traded fund.

    2022/14/06
  • What happens if you lose or break your hardware crypto wallet?

    The safety of the recovery phrase is way more important than keeping the hardware wallet safe, according to executives at Ledger and Trezor.

    2022/14/06
  • Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token

    Despite Overcollateralized Reserve, Tron's USDD Stablecoin Slips to $0.974 per TokenFollowing the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a small amount of instability continues to plague the fiat-pegged token. The dip to $0.97 follows Monday’s deviation from the parity and comes after the Tron […]

    2022/14/06
  • ‘Nothing issue’ — MicroStrategy CEO plans to hodl Bitcoin ‘through adversity’

    Michael Saylor is anything but panicky as Bitcoin price weakness adds to MicroStrategy share price pressure.

    2022/14/06
  • Following the signs: How crypto stickers led to a new career opportunity

    A sign on the wall of a crypto company kicked off Daniel Karikari’s pursuit of a career in blockchain and cryptocurrency.

    2022/14/06
  • OpenSea announces new security features to protect users from NFT scams

    The new feature will automatically hide suspicious NFT transfers from view on their marketplace.

    2022/14/06
  • Bitcoin, Ethereum Technical Analysis: BTC Falls to $20,000 Range, as Sell-Off Extends

    Bitcoin declined for an eighth consecutive session on Tuesday, as the crash in crypto markets continued. BTC fell to the $20,000 range for the first time since December 2020, whilst ETH hit $1,000, also recording a multi-year low. Bitcoin BTC was trading lower for an eighth consecutive day, with Monday’s decline sending prices to their […]

    2022/14/06
  • Report: South Korean Crypto Exchanges to Create Body to Preempt Another Terra LUNA Type of Collapse

    Five South Korean cryptocurrency exchanges said they intend to create a consultative organization which will help prevent a repeat of a Terra LUNA-style token collapse. The organization is expected to achieve its objectives by applying standards that are endorsed by the crypto exchanges. Screening Guidelines Five of South Korea’s leading domestic cryptocurrency exchanges have said […]

    2022/14/06
  • Dohrnii DAO Crypto Giveaway: Ready to Win $100K in Bitcoin?

    Do you want to win $100,000 in BTC? Yes, that’s right – Dohrnii DAO has recently announced a major crypto giveaway! In celebration of the DHN token launch, and the promise to give back to their community, they’re offering this unique opportunity to whoever buys DHN from June 6 to August 7, and stakes for […]

    2022/14/06
  • Kraken CEO defends listing LUNA 2.0: ‘Bitcoin traders don’t pay the bills’

    Kraken’s Jesse Powell came under fire for listing the second-generation LUNA; separately, he railed against TradeFi’s crypto exchange claims.

    2022/01/06
  • Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate as June Kicks Off

    Following yesterday’s gains, both bitcoin and ethereum consolidated on Wednesday, as bullish momentum eased. After rallying above $32,000, BTC moved marginally lower during the hump-day session, while ETH once again fell below $2,000. Bitcoin BTC was trading lower on hump-day, as bullish sentiment slightly faded, following yesterday’s price surge. Following a move to a nearly […]

    2022/01/06
  • Crypto knocking on the WEF’s door: The view from Davos

    A look back on the week that was the World Economic Forum and how crypto might have stolen the show.

    2022/01/06
  • Computer scientists and academics pursue efforts to stop crypto lobbying in US

    Harvard lecturer Bruce Schneier said in a report that blockchain is not secure and not really decentralized.

    2022/01/06
  • Tether’s reported bank partner Capital Union shares its crypto strategy

    Tether stablecoin’s reported bank partner Capital Union supports a large variety of digital assets as part of its trading and custody services.

    2022/01/06
  • Singapore’s Deputy Prime Minister Advises Retail Investors to Steer Clear of Cryptocurrencies

    Singapore's Deputy Prime Minister Insists Retail Investors Should Steer Clear of CryptocurrenciesSingapore’s deputy prime minister has advised retail investors to steer clear of cryptocurrencies, citing that they are “highly risky.” He stressed, “We cannot express this enough.” Singapore’s Deputy Prime Minister Warns About Crypto Singapore’s Deputy Prime Minister Heng Swee Keat reportedly warned retail investors against investing in cryptocurrency Tuesday while speaking at the Asia Tech […]

    2022/01/06
  • Goldman Sachs reportedly eyes crypto derivatives markets with FTX integration

    FTX has sought to integrate brokerage services internally to fulfill trades automatically, however, CFTC has called for greater scrutiny of the demand as it would lead to a monopoly of big players.

    2022/01/06
  • POPEYE METAVERSE MADNESS NFT HODLers Lottery Program and Details

    On May 18, 2022, MADworld released and sold out the 1st collection of the POPEYE METAVERSE MADNESS NFT in record-breaking time. MADworld is grateful to the Community who helped us successfully launch the POPEYE METAVERSE MADNESS NFT program. We are delighted to have you onboard and join us at the very beginning of a wild […]

    2022/01/06
  • Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1

    Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint digital currencies, which was introduced in January. Crypto Mining Increases Budget Revenues in Kazakhstan Kazakhstan has received 652 million tenge (almost […]

    2022/01/06
  • Former CEO of Crypto Exchange Wex Dmitry Vasiliev Reportedly Detained in Croatia

    Former CEO of Crypto Exchange Wex Dmitry Vasiliev Reportedly Detained in CroatiaDmitry Vasiliev, co-owner and former chief executive of the now defunct Russian crypto exchange Wex, has been arrested upon entering Croatia, local media reported. The crypto entrepreneur is wanted by Kazakhstan where he is accused of stealing money from an investor. Wex Executive Vasiliev Apprehended at the Airport in Zagreb Belarus-born Dmitry Vasiliev, former CEO […]

    2022/01/06
  • Bank of England’s Andrew Bailey Warns Bitcoin Has No Intrinsic Value, Not a Practical Means of Payment

    Bank of England's Andrew Bailey Warns Bitcoin Has No Intrinsic Value, Not a Practical Means of PaymentThe governor of the Bank of England, the British central bank, says bitcoin has no intrinsic value and the cryptocurrency is not suitable as a practical means of payment. His warning came after the crypto market plunged. Andrew Bailey on Bitcoin and Cryptocurrency Bank of England Governor Andrew Bailey warned about bitcoin and cryptocurrency on […]

    2022/25/05
  • Uniswap breaks $1T in volume — but has only been used by 3.9M addresses

    Uniswap has hit two major milestones this month, with the DEX topping $1 trillion in volume and hitting around 3.9 million cumulative users this month.

    2022/25/05
  • Could GameFi and carbon currencies reverse blockchain’s climate stigma?

    Toucan Protocol’s Rob Schmitt believes blockchain gaming could have a much better environmental reputation if games integrated carbon offsets.

    2022/25/05
  • Cryptosat’s first nanosatellite blasts off Wednesday on SpaceX rocket

    The small satellite no bigger than a coffee mug is made from off-the-shelf parts and can be a tamperproof platform to secure blockchains and other Web3 protocols.

    2022/25/05
  • Guggenheim’s Scott Minerd Sees a Lot More Downside to Crypto Market — Predicts Bitcoin Could Fall to $8K

    Guggenheim's Scott Minerd Sees a Lot More Downside to Crypto Market — Predicts Bitcoin Could Fall to $8KGuggenheim Chief Investment Officer Scott Minerd Says there’s a lot more downside to crypto after the market plunged. He has predicted that the price of bitcoin could fall to $8K. Guggenheim’s Scott Minerd Predicts the Future Outlook for Bitcoin, Crypto Bitcoin bear Scott Minard, global chief investment officer of Guggenheim Partners, shared his recent predictions […]

    2022/25/05
  • Sam Bankman-Fried could spend up to $1B in 2024 to thwart Trump comeback

    The FTX founder said he’d spend “north of $100 million” with a “soft ceiling” of $1 billion and added “who knows what’s going to happen between now and then.”

    2022/25/05
  • LUNA Investor Arrested for Knocking on Do Kwon’s Door After Losing $2.4 Million in Terra Crash

    LUNA Investor Arrested for Knocking on Do Kwon's Door After Losing $2.4 Million in Terra CrashA crypto investor has been arrested after knocking on Do Kwon’s door following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). He lost about $2.4 million and is now under investigation by the South Korean police. “I felt like I was going to die,” he said about losing his investments. Investor Under Investigation […]

    2022/25/05
  • Hardware Wallet D’CENT Offers Multiple Ways Which Can Help Users Bypass Crypto Exchanges

    PRESS RELEASE. D’CENT Hardware Wallet recently added a new user-focused feature named ‘Exchange’ under the platform’s ‘Discovery’ tab menu, allowing users to exchange multiple network cryptocurrency assets with only a few clicks. Furthermore, users may acquire cryptocurrencies using their credit cards directly from the ‘Buy Cryptocurrency’ tab, thereby bypassing the need for crypto exchanges. Details […]

    2022/25/05
  • Acquiring a Home With Bitcoin — A Deep Dive Into the Latest Crypto-Backed Mortgage Trend

    During the last few years, cryptocurrencies have been integrated into traditional finance tools like automated teller machines (ATMs), loadable debit cards, point-of-sale devices, and direct payments for all kinds of goods and services. Digital assets have also been added to retirement account offerings issued by financial giants like Fidelity. In recent times, cryptocurrencies can be […]

    2022/24/05
  • Low inflation or bust: Analysts say the Fed has no choice but to continue raising rates

    The Federal Reserve’s steady interest rate hikes have put stocks and crypto into bear market territory, but analysts worry about what happens if inflation still remains out of the “target range.”

    2022/24/05
  • Review: Bots abound in NFT castle-building game League of Kingdoms

    League of Kingdoms offers players a chance to not just rule their kingdom but own it in the form of an NFT.

    2022/17/05
  • India’s Central Bank RBI Warns Crypto Could Lead to Dollarization of Economy

    India's Central Bank RBI Warns Crypto Could Lead to Dollarization of EconomyIndia’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization of a part of the Indian economy. “It will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country.” RBI’s Crypto Warnings and Dollarization of Economy The Reserve Bank […]

    2022/17/05
  • Bitcoin, Ethereum Technical Analysis: ETH Remains Above $2,000, While BTC Recaptures $30K Level

    BTC moved away from Monday’s lows to surge above $30,000 on Tuesday, as crypto bulls pushed prices higher. ETH continues to trade above $2,000, with prices rising by as much as 4% during today’s trading session. Bitcoin Following a stint below $30,000 to start the week, BTC was trading above this level as bulls made […]

    2022/17/05
  • Madeira ‘embraces’ Bitcoin, and how its president met Michael Saylor

    Here is why the archipelago of Madeira is “adopting” Bitcoin and how its president fell down the BTC rabbit hole.

    2022/17/05
  • Square Enix to Reinforce Blockchain Bet, According to Latest Earnings Report

    square enixSquare Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The company will continue to invest in key companies in the blockchain arena, including Animoca Brands and The Sandbox, and will also consider other investments in the area. Square Enix recently sold its Western studios for $300 […]

    2022/17/05
  • Spotify reportedly tests NFT galleries on musician profiles

    The platform explores the possibilities to “improve artists’ and fan experiences,” conveying the survey among users.

    2022/17/05
  • Fireblocks introduces Web3 Engine with developer tools to accelerate ecosystem growth

    This suite of tools is designed for developers to build products and services in the DeFi, GameFi and NFT spaces.

    2022/17/05
  • Do Kwon summoned to parliamentary hearing following UST and LUNA crash

    Rep. Yoon Chang-Hyeon noted that Korean exchanges each reacted differently to the crash and he wanted to invite both Do Kwon and the exchanges involved to learn more details.

    2022/17/05
  • SkillzVault and ESE Entertainment Win Gold at Muse Creative Awards 2022

    PRESS RELEASE. At Bitcoin Vault (BTCV), the team pride itself on solving security issues that no one else can, which requires a great deal of creative thinking. But when a team can think outside the box, anything is possible. Now, it has been proven that creativity drives projects forward. BTCV is incredibly happy […]

    2022/17/05
  • Terra’s Tendermint Touch — Cosmos-Based Token Economy Hit Hard by LUNA’s Demise

    Terra's Tendermint Touch — Cosmos-Based Token Economy Hit Hard by LUNA's DemiseSince last week’s Terra implosion and the demise of the blockchain project’s native token LUNA — and the algorithmic stablecoin terrausd (UST) — crypto tokens based on the Cosmos ecosystem have seen significant losses. Two months ago, the top Cosmos ecosystem coins collectively were worth $61.6 billion and since then, the Cosmos economy has lost […]

    2022/17/05
  • UK Affirms Commitment to Regulate Stablecoins Following Terra Meltdown

    UK Affirms Commitment to Regulate Stablecoins Following Terra CollapseThe British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the conditions for issuers and service providers to operate and grow in the U.K., whilst ensuring financial stability and high regulatory standards,” said an HM Treasury spokesperson. Regulation of Stablecoins in the […]

    2022/16/05
  • Goldman Sachs and Barclays invest in UK crypto trading platform Elwood

    The global head of digital assets for Goldman Sachs said the demand for cryptocurrency from institutions is rising and the firm has been “actively broadening” its market capabilities to cater to that demand.

    2022/16/05
  • Vitalik: Terra should protect the smallholders, not the whales

    Vitalik Buterin has called for relief for the average UST smallholder who got lured in by promises of high stablecoin yields by crypto influencers.

    2022/16/05
  • Major validator calls for ‘completely new chain’ to replace Terra

    The operator of a major validator node on Terra is displeased with how events unfolded leading to the cessation of the chain, and hopes a whole new blockchain will be created to replace it.

    2022/16/05
  • Veteran Investor Bill Miller Remains Bullish on Bitcoin — Confirms He Has a Lot of BTC

    Veteran Investor Bill Miller Remains Bullish on Bitcoin — Confirms He Has a Lot of BTCFamed value investor and fund manager Bill Miller says he has “a lot” of bitcoin and has not sold any despite the recent crypto sell-off. He insisted that investors should put some of their liquid net worth in the cryptocurrency. Bill Miller Shares His Bitcoin Outlook Famed value investor Bill Miller is still bullish about […]

    2022/16/05
  • Utility tokens vs. equity tokens: Key differences explained

    With both types of tokens forming the bulk of crypto-asset purchases, both utility and equity tokens serve different purposes. Read here!

    2022/16/05
  • Goldman Sachs’ Blankfein Advises Companies and Consumers to Prepare for US Recession — Says It’s a ‘Very, Very High Risk’

    Goldman Sachs' Blankfein Advises Companies and Consumers to Prepare for US Recession — Says It's a 'Very, Very High Risk'Goldman Sachs Senior Chairman and former CEO Lloyd Blankfein has warned that companies and consumers should prepare for a recession in the U.S. He stressed that it’s a “very, very, high risk.” Goldman’s Blankfein Warns About a Recession Lloyd Blankfein, a former Goldman Sachs CEO who is now the firm’s senior chairman, warned about an […]

    2022/16/05
  • Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD

    Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDDSeven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster the project’s reserves. In addition to the tron purchases, […]

    2022/16/05
  • Onchain Analysis Report Says Terra’s Bitcoin Reserves Were Sent to Binance and Gemini

    Onchain Analysis Report Says Terra's Bitcoin Reserves Were Sent to Binance and GeminiAfter the collapse of Terra’s once-stable coin terrausd (UST), a number of people wondered where the Luna Foundation Guard’s (LFG) bitcoin went, as the funds were supposed to be used to defend UST’s $1 parity. On Friday, the blockchain intelligence and analytics firm, Elliptic, published a blog post that summarizes where the bitcoin was sent, […]

    2022/15/05
  • How the Metaverse could impact the lives of kids

    The effects of social media on the mental health of kids and teens have been bad enough — will the Metaverse be a safe place for them?

    2022/15/05
  • Crypto donations fund ATVs and gas masks for Ukrainian military

    Ukraine’s ministry of digital transformation has utilized cryptocurrency and nonfungible tokens, even CryptoPunks, in an effort to fund its military and humanitarian aid.

    2022/13/05
  • Breaking: Do Kwon proposes Terra revival, including token redistribution plan

    After two days of silence, the Terra founder has issued a new governance proposal to keep the community alive and compensate token holders.

    2022/13/05
  • Price analysis 5/13: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

    Traders are hopeful that Bitcoin can stage a relief rally within the $30,000 to $35,000 range, but selling at resistance could still keep BTC and altcoins in a strong bear trend.

    2022/13/05
  • Lido Deploys Additional Curve Pool to Improve Liquidity Around Bonded ETH Peg

    On Friday, the value locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was more than $200 billion total value locked (TVL) eight days ago on May 5. One specific defi protocol called Lido, a liquid staking platform and the second largest defi application in terms of TVL size […]

    2022/13/05
  • Failed exit? Traders complain Crypto.com reversed profitable LUNA transactions

    Terra’s death spiral resulted in the mispricing of LUNA tokens on the popular cryptocurrency exchange. Traders aren’t happy with the compensation.

    2022/13/05
  • Crypto Stories: YouTuber CryptoWendyO shares how her healthcare skills helped with crypto trading

    Crypto-friendly content creator CryptoWendyO talks about how Bitcoin changed her life for the better, making her a successful influencer.

    2022/13/05
  • Following French Montana, Vietnam’s Number 1 Celebrity Singer Son Tung M-TP Joins RACA’s USM Metaverse

    PRESS RELEASE. The Vietnamese music celebrity’s videos have garnered close to 2.5 billion lifetime views on Youtube. RACA Hits a High Note Radio Caca (RACA), one of the world’s leading Web 3.0 companies, today announced the collaboration between Radio Caca and Vietnamese celebrity singer Son Tung M-TP, who will join its United States of Mars […]

    2022/13/05
  • Biggest Movers: SHIB, DOT Nearly 30% Higher, as SOL Also Surges

    Cryptocurrency markets were mostly in the green on Friday, as DOT was up by nearly 40%, moving away from an 18-month low. Although SOL, AVAX, and MATIC all rose by over 20%, it was SHIB that was one of the standout gainers in today’s session. Polkadot (DOT) DOT was one of today’s biggest gainers, as […]

    2022/13/05
  • ‘A Dark Day for Crypto’ — A Deep Dive Into the Obliterated Terra Token Ecosystem and Damaged Apps

    'A Dark Day for Crypto' — A Deep Dive Into the Obliterated Terra Token Ecosystem and Damaged AppsFollowing a few days of carnage, the two leading crypto assets built on top of the Terra blockchain have plummeted to significant lows. LUNA has dropped to $0.00000100 per coin and the once-stable coin terrausd (UST) hit a low of $0.044 per unit. After temporarily halting the Terra blockchain and restarting it, the team has […]

    2022/13/05
  • Bitcoin, Ethereum Technical Analysis: ETH, BTC Surge Over 10% as Big 2 Lead Crypto Rebound

    As LUNA’s life support was all but switched off on Friday, BTC and ETH rallied, with prices climbing by as much as 10%. Today’s price surge saw bitcoin climb above $30,000, with ETH once again trading above its $2,000 level. Bitcoin Bitcoin rebounded and was trading higher in today’s session, as markets recovered a bit […]

    2022/13/05
  • Chainalysis announces $170M funding round, platform now valued at $8.6 billion

    This is the tenth and largest funding for the blockchain aggregation and reporting service since its inception in October 2014.

    2022/12/05
  • How blockchain archives can change how we record history in wartime

    We are coming into a great age of blockchain technology, but there are limits that need to be solved before decentralized archives enter the mainstream.

    2022/12/05
  • Blackrock, Citadel, Gemini Deny Involvement in Terra Collapse

    Blackrock, Citadel, Gemini Deny Involvement in Terra CollapseThe world’s largest asset manager, Blackrock, and hedge fund giant Citadel Securities have denied claims that they had a role in the fall of terrausd (UST) and terra (LUNA). In addition, crypto exchange Gemini has denied making a bitcoin loan that resulted in the terra collapse. Blackrock, Citadel Securities, Gemini Deny Rumors Following the collapse […]

    2022/12/05
  • Untethered: Here’s everything you need to know about TerraUSD, Tether and other stablecoins

    Established stablecoin trading pairs have struggled to keep stable on crypto exchanges around the world. Here are the updates as the situation evolves.

    2022/12/05
  • Bitcoin, Ethereum Technical Analysis: BTC Slips to Its Lowest Point Since December 2020

    Bitcoin fell below $30,000 for the second time this week, however today’s plunge saw prices fall to their lowest level since December 2020. BTC hit a low around $26,000 on Thursday, whilst ETH moved below $2,000 for the first time in over a year. Bitcoin Following a slight rally on Wednesday, BTC fell back into […]

    2022/12/05
  • Madonna’s nude NFT launch triggers a mix of emotions from the community

    From being inspired to bashing the artwork’s “flaws,” the community responded to Madonna and Beeple’s latest NFT drop.

    2022/12/05
  • ApeCoin rebounds after APE price crashes 80% in two weeks: Dead cat bounce or bottom?

    APE risks crashing into unchartered price territory as it follows Bitcoin and the rest of the crypto market.

    2022/12/05
  • Report: Tanzania Closer to Launching a CBDC

    Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for the digital currency launch has been given. Growing Interest in Cryptocurrencies According to Florens Luoga, the governor of Tanzania’s central bank, his country is inching […]

    2022/12/05
  • Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions

    Russian Crypto Mining Giant Bitriver Considers Challenging US SanctionsRussia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions. Bitriver Rejects US Accusations as Unfounded, Sees No Legal Ground for Sanctions Leading Russian […]

    2022/12/05
  • Masterminds Behind South African Bitcoin Ponzi Scheme Told to Pay Back Over $291 Million

    Masterminds of one of South Africa’s biggest bitcoin Ponzi schemes, Mirror Trading International (MTI), have been asked by the scheme’s liquidators to pay back over $291 million to cover the scam operation’s debts. Liquidators’ Influence Liquidators of the South African bitcoin Ponzi scheme, Mirror Trading International (MTI), have issued summonses against eighteen individuals believed to […]

    2022/12/05
  • Report: Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be Added

    The Nigerian central bank digital currency (CBDC) wallet app is set for an update that will see users given the ability to pay for utilities like pay television and for topping up airtime. The addition of the unstructured supplementary service data (USSD) functionality to the wallet app means people without bank accounts will be able […]

    2022/11/05
  • Environmental groups urge US government to take action on crypto miners

    Among the proposals, the group of eight organizations requested the Environmental Protection Agency subject PoW mining firms to “stringent reviews” around operating permits.

    2022/10/05
  • Altcoins stage a relief rally while Bitcoin traders decide whether to buy the dip

    Stocks and altcoin prices bounced as the sell-off in BTC took a pause, but analysts continue to warn that further downside could occur shortly.

    2022/10/05
  • Crypto Downturn Shakes Digital Collectible Markets as NFT Sales Slip 42% Lower Than Last Week

    Crypto Downturn Shakes Digital Collectible Markets as NFT Sales Slip 42% Lower Than Last WeekNon-fungible token (NFT) markets are starting to feel the pain from the crypto market carnage that’s taken place during the last week. Over the last seven days, NFT sales have dropped 42.85% lower than the previous week. NFT sales on Ethereum were hit the hardest as the blockchain saw a 44.83% loss in NFT sales […]

    2022/10/05
  • Michael Saylor assuages investors after market slumps hurts MSTR, BTC

    As MicroStrategy stock slumps, Michael Saylor remains confident Bitcoin holdings will cover a potential margin-call on BTC-backed loans.

    2022/10/05
  • The Fed cites its concern about stablecoins in its latest Financial Stability Report

    The report points out stablecoin’s possible low stress resistance and overuse in leveraged cyptocurrency trading, reiterates its position on CBDC.

    2022/10/05
  • Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly

    The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value. Since May 2, 2022, the crypto economy has dropped more than 15% from $1.83 trillion to today’s $1.54 trillion. The price of gold has lost 5% in 30 days, and major stock market […]

    2022/10/05
  • Polygon reaches level that last time triggered a 275% MATIC price rally — Will history repeat?

    MATIC has rebounded sharply after testing the July 2021 support level, borrowing further upside cues from Polygon’s partnership with Meta.

    2022/10/05
  • Biggest Movers: LUNA Loses 50% of Its Value, While XMR and AXS Declines Continue

    Biggest Movers: LUNA Loses 50% of Its Value, While XMR and AXS Declines ContinueLUNA was down by over 50% in today’s session as markets continued to react to UST losing its parity with USD. As such traders lost faith in the stablecoin founded by Do Kwon, which dropped to its lowest point since September. Whilst LUNA stole the headlines, XMR and AXS also saw recent losses extended. Terra […]

    2022/10/05
  • Bitcoin Cash to Include Bigger Integers and Native Introspection in Upcoming Upgrade

    Bitcoin Cash is preparing to include two significant improvements in its upcoming upgrade. Programmed to happen on May 15, the Bitcoin Cash Improvement Proposals (CHIPs) approved to be included are CHIP-2021-03, which brings bigger script integers to the chain, and CHIP-2021-02, which has to do with the activation of native introspection opcodes, directed to simplify […]

    2022/10/05
  • SEC Halts $62 Million Crypto Mining, Trading Scheme — DOJ Indicts Founder

    SEC Halts $62 Million 'Mining Capital Coin' Crypto Scheme — DOJ Indicts FounderThe U.S. Securities and Exchange Commission (SEC) has halted a $62 million global cryptocurrency trading and mining scheme and the Department of Justice (DOJ) has indicted its CEO and founder. If convicted of all counts, he faces a maximum total penalty of 45 years in prison, the Justice Department. SEC Halts $62M Global Cryptocurrency Fraud […]

    2022/09/05
  • Understanding staking pools: The pros and cons of staking cryptocurrency

    A popular investing strategy for long-term crypto investors, staking pools promise a regular income stream for the tokens staked with certain riders.

    2022/09/05
  • Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days

    Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 DaysThe value locked in decentralized finance (defi) protocols has lost 17.77% over the last 30 days, falling from $221.67 billion to today’s $182.27 billion. Moreover, statistics show the total value locked (TVL) across a broad range of defi protocols shed significant value during the last seven days. Defi Protocols Shed Considerable Value Decentralized finance (defi) […]

    2022/08/05
  • Top 5 cryptocurrencies to watch this week: BTC, ALGO, XMR, XTZ, THETA

    Bitcoin has reached a critical support zone, and if there is a bounce from this level, ALGO, XMR, XTZ and THETA could move higher in the short term.

    2022/08/05
  • Nicehash Software ‘Fully Unlocks’ Nvidia’s Hashrate Reducing Technology

    Nicehash Software 'Fully Unlocks' Nvidia’s Hashrate Reducing TechnologyOn Saturday, the cryptocurrency mining platform Nicehash revealed the company has “fully [unlocked] Nvidia’s [Lite Hash Rate]” graphic processing units (GPUs). Nicehash says the firm’s Quickminer mining software is the first protocol that can unlock LHR GPU cards by 100%. Nicehash Says Software Is the First to Fully Crack Nvidia’s Lite Hash Rate Technology According […]

    2022/08/05
  • Meme Token Carnage — DOGE, SHIB Prices Sink Lower, Dogecoin Down 82% Since Last Year

    Today’s top meme coins have lost 4.8% in value against the U.S. dollar, as the crypto market carnage has wreaked havoc across the entire digital currency economy. While dogecoin had a phenomenal year in 2021, over the past 12 months, dogecoin lost 82.8% against the USD. DOGE Tapped an All-Time High a Year Ago Today, […]

    2022/08/05
  • Catching the Falling Knife: Bitcoin, Ethereum Down 50% From All-Time Highs — Billions Leave Crypto Economy

    Catching the Falling Knife: Bitcoin, Ethereum Down 50% From All-Time Highs — Billions Leave Crypto EconomyThe crypto economy has dropped considerably in value during the last five weeks, slipping 23.28% from $2.19 trillion to today’s $1.68 trillion. Furthermore, both bitcoin and ethereum are awfully close to sinking 50% below the all-time highs recorded six months ago. Bitcoin Sinks Lower Against the US Dollar, 39% Down in 30 Days Digital currency […]

    2022/08/05
  • LUNA drops 20% in a day as whale dumps Terra’s UST stablecoin — selloff risks ahead?

    Excessive Terra supply coupled with UST supply contraction coincides with LUNA’s price decline.

    2022/08/05
  • 6 Questions for Ming Duan of Umee

    2022/08/05
  • Plain talk about NFTs: What they have been and what they are becoming

    The real value of NFTs lies in empowering artists, creators and collectors to enforce their rights to distribute, resell and collect.

    2022/08/05

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