The prospective widespread use of cryptocurrencies within a fully developed metaverse could pose a systemic risk to financial stability, according to Bank of England researchers. Were the metaverse to...
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Bitcoin Prepping for Parabolic Move to $100,000 As Altcoin Season Peaks, According to Crypto Analyst
A popular analyst is impressed by how well altcoins are performing against Bitcoin (BTC) but still believes the king crypto can reach new all-time highs. The anonymous host of InvestAnswers tells his ...
Iran Used Crypto To Pay For $10 Million Worth Of Imported Goods
Iran has joined the growing list of countries who are embracing crypto after the Asian nation made its first import with crypto assets valued at $10 million. The Islamic State has been struggling econ...
German Crypto Bank Nuri Files for Insolvency
Nuri, a cryptocurrency-focused digital banking platform announced it has filed for insolvency in Germany on Tuesday, citing the prolonged crypto winter. The company has assured that customers’ a...
Nepal’s Central Bank Set To Issue Digital Currency – crypto.news
In recent developments, Nepal is set to make an impactful amendment to its policy on digital currencies. The proposed change would see the 2002 Act amended to allow the country’s Central Bank to creat...
Altcoin Bull Run Upcoming? Inflation Data Instils Hope In Crypto Investors
With positive data coming on CPI data for July, the market responded bullishly giving signs of an altcoin bull run. Data showed that consumer prices grew 8.50% in July year on year, below expectations...
Brazil payment app PicPay launches crypto exchange with Paxos
PicPay, a Brazil-based payment app, has announced will now allow its users to buy, sell and hold cryptocurrencies, in its first foray into the crypto market. Today, PicPay launches its cryptocurrency ...
Iran makes $10M import with crypto, plans ‘widespread’ use by end of Sept
Struggling through decades of economic sanctions, Iran has placed its first international import order using $10 million worth of cryptocurrency, according to a senior government trade official. News...
German crypto bank Nuri files for bankruptcy, says withdrawal services are running normally
Nuri, a crypto startup bank based in Germany, has filed for bankruptcy. The firm had around 500,000 customers before this filing. It attributed the decision to the crypto bear market and the liquidity...
ZKSpace Launching James Rodriguez Zurda NFT Collection Auction on August 15 – crypto.news
ZKSpace has announced that its James Rodriguez Zurda NFT collection public sale will go live on its dedicated digital collectibles platform ZKSea on August 15, 2022. The Zurda collection is made up of...
Ripple Discloses Interest in Bankrupt Crypto Lender Celsius Network
Blockchain payments firm, Ripple Labs Inc, is reportedly interested in the bankrupt crypto lending platform Celsius Network. As reported by Reuters, a company spokesperson gave insight into the compan...
JPMorgan Believes Bottom Is In For Crypto Market: Details
JPMorgan Chase appears to be rooting for cryptocurrencies of late despite Chairman Jamie Dimon’s past records of BTC criticism. The crypto markets are currently experiencing a rejection following a re...
Crypto risk & intel platform Merkle Science extends its Series A to over $24M » CryptoNinjas
Merkle Science, a predictive crypto risk and intelligence platform has announced an extension of more than $19 million to its Series A funding round, bringing the total raised to over $24 million. New...
California Man Must Pay $61K in Restitution for SIM Swap Scam That Stole One Victim’s Crypto
Richard Yuan Li, whom prosecutors had charged with one count of conspiracy to commit felony wire fraud, and co-conspirators stole the crypto from an unnamed New Orleans physician after gaining access ...
Ripple Labs Reportedly Interested in Purchasing Crypto Lender Celsius Network’s Asset
– Advertisement – Ripple Labs Interested in Celsius Network’s Asset. The blockchain company wants to first study the importance of Celsius’ assets to its business before taking a decision....
In-depth Review of Prominent Crypto Exchange: MoonXBT
What is MoonXBT? MoonXBT is the world’s first social trading platform for cryptocurrencies. The Cayman Islands-based cryptocurrency exchange was established in 2021. The exchange offers its customers ...
Goerli Testnet Merge Successful – Crypto Briefing
Key Takeaways The Goerli testnet merge has been successfully executed. The Goerli merge represents the final “trial run” before the actual Merge, which is expected to take place in Septemb...
Iran Concludes $10 Million Import Using Crypto. US Sanctions Dead?
Iran recorded its first formal order for the import of goods valued at $10 million and paid for in cryptocurrency, marking a historic defining moment in the usage of cryptocurrencies. The Ministry of ...
US Rep. Brad Sherman Questions Why SEC Hasn’t Gone After Crypto Exchanges That Had Traded In XRP ⋆ ZyCrypto
Advertisement     The Securities and Exchange Commission (SEC) has come under sharp criticism from a U.S. lawmaker who questioned the reason behind the financial regul...
Nuri, The German Crypto Bank, Has 500K Users Files For Insolvency
Nuri stated that it has been facing a lasting strain on its business liquidity The reason is – significant macroeconomic headwinds and the cooling down of public and private capital markets However, t...
BitPay teams with Dosh to enable cashback rewards on crypto debit card » CryptoNinjas
BitPay, the bitcoin and crypto payment processing platform, announced today that users of its BitPay Card will now be rewarded with automatic cashback rewards when swiping the card at thousands of ret...
Coinbase posts $1.1B loss in Q2 on ‘fast and furious’ crypto downturn
Crypto exchange giant Coinbase has cited a “fast and furious” downturn of the crypto markets as the reasons behind a staggering $1.1 billion net loss in the second quarter of 2022, which also saw trad...
Polygon Links Up With Neowiz To Launch Blockchain Gaming, Intella X – crypto.news
The Polygon Network has announced a strategic partnership with the South Korea-based game developer, Neowiz, to expand blockchain gaming development. Accordingly, the new partnership will further inte...
Iran Makes $10M Import With Crypto
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Introducing DeenAiR: An Efficient & Stable Crypto Platform
From originating as a mere concept in 1991 on a research paper to transforming into a lucrative technology, blockchain continues to revolutionize every sector. The launch of Bitcoin, the pioneer block...
SEC, CFTC may seek crypto exposure reports from hedge funds
US regulators are considering asking hedge funds to disclose their crypto exposure, The Wall Street Journal reported on Aug. 10. The Commodity Futures Trading Commission (CFTC) and Securities and Exch...
Crypto Criminals Laundered Another Half-A-Billion: Details
As per the CNBC report, criminals used the cross-chain bridge RenBridge to launder more than $540 million since 2020, in crimes related to crypto cash, reported blockchain analytics firm Elliptic. Thi...
Brian Armstrong Says the More Crypto Regulation, the Better for Coinbase — CEO Discusses Alleged SEC Investigation – Regulation Bitcoin News
Coinbase CEO Brian Armstrong says “the more regulation there is for crypto, the better it is for Coinbase.” He revealed an inquiry from the U.S. Securities and Exchange Commission (SEC), noting: “We d...