Bitcoin miner Hive said that it has grown its hashrate by 8% during the month of May and mined 273.4 Bitcoins last month. Amid the major crash in the price of Bitcoin and the broader crypto market, cr...
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Philippines Crypto Wallet Service Provider Coins.ph Partners With the PBA – Coinotizia
Another digital currency firm is making moves into the sports world as the Philippines crypto wallet service provider Coins.ph announced the company has partnered with the Philippine Basketball Associ...
NY’s Crypto Mining Ban Receives Backlash From the Community – crypto.news
New York legislators have voted to enact a bill aimed at harboring certain bitcoin mining firms from using carbon-based energy sources. The law will be added to the state’s existing Environment Conser...
Are All Industries Compatible with Crypto?
Cryptocurrency’s blockchain technology started out as a virtual ledger designed to record and verify high volumes of virtual transactions a decade ago. A system that was once met with a lot of skeptic...
Altcoins in Danger of Getting Wrecked As Bitcoin Forms Bottom, According to Top Crypto Analyst
A popular crypto strategist is highlighting one key metric to determine whether or not Bitcoin (BTC) will outshine altcoins in the coming months. The pseudonymous trader Rekt Capital tells his 312,300...
Crypto.com’s Cronos launches $100M accelerator for DeFi and Web3
Cronos, a blockchain ecosystem built by major crypto exchange Crypto.com, announced the launch of an accelerator program to fast-track advancements across the decentralized finance (DeFi), Web3 and Me...
DOJ Calls for International Cooperation to Fight Crypto Crime
Key Takeaways The Justice Department has submitted a report calling for stronger international law enforcement cooperation to counter the use of cryptocurrencies for criminal activity. The report says...
Binance Facing SEC Investigation of BNB Token As Crypto Giant Responds to Money Laundering Allegations
Binance is facing an investigation from the U.S. Securities and Exchange Commission (SEC) that looks into whether or not the global crypto exchange violated securities laws when it began selling its B...
Indonesian Crypto Exchange Pintu Raises $113M in Series B Funding
With the rising demand for its services, Pintu plans to use the funds to add more tokens to its platform. Indonesian cryptocurrency exchange, Pintu has raised $113 million in its Series B funding roun...
Is Insurance Giant Prudential Planning A Crypto Push?
Prudential Insurance is likely planning to enter the crypto market, according to recent trademark filing data. The insurer filed 10 trademark applications related to NFTs, cryptocurrencies, and blockc...
Bitcoin Miners Sell BTC Holdings Amid Prices Plunge to Cover Energy Costs – crypto.news
Recent reports indicate that Bitcoin miners are selling most of their crypto tokens on exchanges to cover most costs. This comes as inflation rates have been rising throughout the year, perhaps causin...
JPMorgan Analyst Says Ethereum’s Merge Can Act As A Fresh Catalyst To The Crypto Industry
In a note addressed to clients, Ken Worthington, analyst at JPMorgan, said May was quite a destructive month for crypto investors and the whole industry. The ecosystem requires a “fresh catalyst” to a...
Binance Coin (BNB) Is Down 10% on Bad News Spree, But It Might Fall Even More
On June 6, the crypto world was stunned by the news of the state of affairs of one of the world’s largest crypto exchanges, Binance. First, Reuters published an investigation regarding the laund...
NBA Player Spencer Dinwiddie’s Crypto App Calaxy Raises $26M
Spencer Dinwiddie’s Calaxy, a social token platform built on the Hedera Hashgraph, has just closed a $26 million funding round and appointed a new CEO. The strategic funding round was co-led by ...
The US Crypto Bill Exposed! How Will This Impact Cryptocurrencies?
A series of files with the ‘EMBARGOED’ watermark began circulating on social media in the late hours of Monday. Likes and retweets began to pile up right away as Twitter user ‘bot slam’ shared photogr...
White House Preparing New Study on How To Curb Crypto Energy Footprint: Report
A leading legal publication reports the White House is undertaking a study on crypto asset mining and the attendant environmental consequences. According to Bloomberg Law, the priority of the study is...
Crypto Investors Try to Remain Positive Despite Ongoing Crash
The crypto market has long been vulnerable to price swings and volatility. Things go up and down at a moment’s notice, and nobody really knows when price hits like the ones we’ve seen over the past fe...
U.K. government puts focus on crypto tech to optimize market activities
As part of its effort to become a global “crypto hub,” the United Kingdom is set to begin live testing blockchain technology for traditional market activities such as trading and settlement of stocks ...
Epic Games CEO slams crypto marketplaces over “scam” Fortnite Token
Epic Games CEO Tim Sweeney has slammed those cryptocurrency marketplaces that are enabling a fake “Fortnite token” promotion. He also noted that the company’s lawyers were looking into the Twitter acc...
SOL Slips 10% as Crypto Bears Return to Action – Market Updates Bitcoin News
SOL neared a ten-month low on Tuesday, as bears returned to crypto markets during the session. Following a strong start to the week, markets turned red, with AVAX being another token to fall victim to...
All crypto influencers and Web3 project founders EXPOSED?
The cryptocurrency market could be heading down towards the coldest moments as more drama, tension, and FUDs keep sprouting. In a lengthy thread of tweets, an anonymous Twitter user claimed to have o...
Kazakhstan’s central bank ‘isn’t going to ignore’ the crypto market
While Kazakhstan’s government is catching up with the tremendous volume of crypto mining in the country by introducing new taxes and regulations, the local central bank intends to explore the possibil...
BIS Economists Contend Crypto Can’t Fulfill the Role of Money
Not a fan of Bitcoin or crypto in general, the BIS, which is an organization that represents the world’s major central banks, has been advancing its own research into central bank digital curren...
Can the Meme Coin, RoboApe (RBA) Match the Success of DogeCoin (DOGE) and Shiba Inu (SHIB)?
Place/Date: – June 7th, 2022 at 11:49 am UTC · 3 min read Source: RoboApe Memes Make Money Memes are a huge part of modern-day life. All three of these coins play off of that, building a vibrant...
The Sandbox Publisher Animoca Brands’ Reports $5B in Crypto, Cash Reserves
Animoca Brands, the Hong Kong-based digital entertainment and crypto games publisher, released its key unaudited financial results for the last three months of 2021 and the first four months of 2022. ...
DeFi Platform PoolTogether Faces Lawsuit for Allegedly Running Illegal Lottery – crypto.news
On 6th July 2022, PoolTogether, a DeFi protocol website that runs programs for cryptocurrency transfer, is facing litigation procedures. This is after being accused of conducting an illegal lottery in...
Citigroup Goes on Hiring Spree Amid Layoffs in Tech and Crypto Industries
Citigroup has announced its intention to hire 4,000 new staff reversing the trend of layoffs in the industry. The company noted that the move was made to keep up with the digital demands of institutio...