Congressional Hearing Puts Crypto Energy Use in the Crosshairs

11:30 a.m. ET (ND) Good morning folks, and welcome to CoinDesk’s live coverage of the House Energy and Commerce Committee hearing on cryptocurrencies and their environmental impact. Titled ̶...

The SEC has fined crypto companies $2.4 billion since 2013

TL; DR Breakdown The SEC has slammed $2.4 billion in penalties on crypto companies A total of 97 companies have been affected The agency will continue with a crackdown in 2022 Over the last few years,...

Russia’s Central Bank Calls for Blanket Crypto Ban

Key Takeaways The Bank of Russia proposed a complete ban on crypto investing and mining on Thursday. The bank cited environmental, financial stability, monetary security, and illicit activity concerns...

Solana DeFi Exchange for Crypto Derivatives Nabs $2.2M in Seed Round

In brief 01 Exchange is a decentralized platform custom-built for perpetual futures and power perpetuals. It’s getting ready to parlay a seed round into a successful launch. Looking for more cry...

The Real Crypto Adoption Is Happening in These Sectors, According to Ava Labs Chief John Wu

A senior executive at the tech firm building the Avalanche smart contract platform is optimistic that the crypto industry will continue to enjoy growth and adoption. Ava Labs president John Wu says in...

Crypto Exchanges Will Face More Scrutiny, Says SEC Chair

SEC Chair Gary Gensler has said that the regulatory authority will examine exchanges more closely in 2022. This comes at a time when regulators all over the world are scrutinizing crypto exchanges. Un...

Chainalysis exposes simple malware stealing millions in crypto

Chainalysis, a blockchain analytics firm, has released a report regarding malware targeting the crypto sector. The report noted that cybercriminals were using ‘less sophisticated malware to attack ind...

Singapore Shuts down Crypto ATMs After Ban on Public Crypto Ads

All cryptocurrency ATMs in Singapore have been shut down by the Monetary Authority of Singapore, following the city-state’s prohibition of all crypto-related advertisements in public spaces. “To compl...

A Glimpse Into the Crypto Growth Curve And 2022 Trends That Will Define the Future! 

Image Source: DepositPhotos  The crypto ecosystem has grown into a $2 trillion market, making it one of the fastest rising niches in modern-day finance. While many stakeholders tend to overlook the gr...

Crypto.com Reveals 483 Accounts Compromised in Recent Hack — $34 Million in Bitcoin, Ether Stolen – Bitcoin News

Crypto.com has revealed that 483 user accounts were compromised in the recent hack that resulted in unauthorized withdrawals of about $34 million in cryptocurrencies, including bitcoin and ether. None...

Russian central bank proposes blanket ban on crypto mining and trading

In a report published on Thursday, The Central Bank of Russia has called for a blanket ban on domestic cryptocurrency trading and mining. The report titled “Cryptocurrencies: trends, risks, meas...

Institutional crypto custodian Fireblocks adds support for Solana

advertisement Fireblocks, an institutional crypto custody platform, has added support for Solana’s native token SOL. The move means more than 800 institutional clients of Fireblocks will now be ...

Andreessen Horowitz Seeking $4.5B to Invest in New Crypto Projects

Venture capital firm Andreessen Horowitz, also known as a16z, is planning to raise up to $4.5 billion for crypto-related investments, per the Financial Times.  The firm reportedly aims to put $3.5 bil...

Proof-of-Work (PoW) crypto mining ban looms large on Europe

Proof-of-Work (PoW) mining of cryptocurrencies might face a ban according to EU securities regulator  Climate change goals will be seriously affected with the crypto’s risks  Decentralized nature of B...

eToro: the 5 crypto trends of 2022

eToro released survey data yesterday revealing pessimism about the global economy. The number of investors worried about inflation grows to 47%.  At the same time, the trading platform suggested the 5...

SEC charged crypto-related penalties worth $2.4B between 2013 and 2021

The US Securities and Exchange Commission (SEC) has been vigilant in regulating the cryptocurrency sector. A recent report shows that since 2013, the commission has issued around $2.35 billion worth o...

Union Bank of the Philippines to Enhance Crypto Trading & Custody Services

Union Bank of the Philippines (UnionBank) plans to choose Metaco and IBM to enhance cryptocurrency trading and custody services, taking advantage of the Asian country’s rapid adoption of digital...

Here’s what SpiceDAO’s purchase of a Dune copy tells us about crypto bro culture

The retail interest in cryptocurrency has been bubbling away for some time now, but over the past couple of years the addition of thousands of altcoins has brought with it mass hype and speculation wi...

Crypto market cap to touch $5 trillion in 2022 as per John Wu

Crypto market cap to touch $5 trillion by this year end as per Ava Labs president John Wu Ava is a hard capped consensus protocol that is pretty fast and scalable  It is also the fastest growing block...

Russia’s central bank calls for blanket crypto ban

advertisement The Bank of Russia has advocated for a complete crypto ban as part of a report issued by the country’s central bank on Thursday. The report titled “Cryptocurrencies: trends, risks, measu...

BabyDoge Coin is up by 300% in a month: What’s driving the meme coin?

TL;DR Breakdown Baby Doge Coin is up by 300% in a month and 50% in 2 weeks.  Major listing announcements are driving the meme coin’s prices.  More than 1.2 million traders are holding the BabyDoge. Th...

Individual Crypto Hacks Done by Using Malware from Darknet: Chainalysis

Over the last few years, hackers have been actively stealing smaller amounts of cryptocurrency from individual users using malware available on the internet or darknet, Chainalysis reported. For indiv...

Bitcoin and Ethereum Will Correct and Come Back Stronger, but Not These Crypto Assets: Bloomberg Commodity Strategist

Bloomberg senior commodity strategist Mike McGlone says that crypto assets will likely see a correction along with an imminent pullback in the stock market. In a new interview with The Wolf of all str...

NFTs Shatter Monthly Trading Record With $4 Billion In Sales—Here’s Why They’re Still Booming Despite The Crypto Crash

Topline An explosion of fervor around the buzzy blockchain-based digital collectibles known as non-fungible tokens has helped OpenSea, the world’s largest NFT marketplace, top $4 billion in trad...

Binance Coin Struggles below $480 High, Risks Further Decline

Jan 20, 2022 at 12:15 // Price Binance Coin (BNB) price is unable to break through $500 resistance as the altcoin falls below the moving averages. On the upside, when the buyers have overcome th...

$30 Billion Venture Fund Looking to Invest $4.5 Billion into Crypto

Arman Shirinyan One of the largest VC firms in Silicon Valley is looking to invest $4.5 billion in crypto Andreessen Horowitz venture fund, with almost $30 billion in assets under management, is plann...

ESMA vice-chairman calls for ban on proof-of-work crypto mining

In an interview with Financial Times Vice-chairman of European Securities and Markets Authorities (ESMA) Erik Thedèen urged EU regulators to restrict the usage of the proof-of-work model while mining ...

Crypto Exchanges Set to Face Tougher Regulatory Scrutiny: SEC Chair

Cryptocurrency exchanges can expect stricter scrutiny from the Securities and Exchange Commission (SEC), according to chair Gary Gensler, per Bloomberg.  “I’ve’ asked staff to look a...

Where to buy veDAO (WEVE) coin: it has jumped 218% on its second day after launch

The veDAO (WEVE) coin is a relatively new cryptocurrency that is making headlines both within the Decentralized finance and (DeFi) and Non-Fungible Tokens arena. The token was launched a day ago and i...

Andreessen Horowitz plans to raise $4.5 billion for new crypto funds

advertisement Andreessen Horowitz (also known as a16z) is planning to raise up to $4.5 billion for two new crypto funds, according to a report by the Financial Times. Last week, the Silicon Valley ven...

Chainlink: the booster of crypto rallies

Integration with the decentralized oracle network, Chainlink , was another trend that could be noticed evolving inside the smart contract platforms on which these apps are constructed. Decentralized f...

Andreessen Horowitz Seeks $4.5B For New Crypto Investments

Silicon Valley, California-based venture capital firm Andreessen Horowitz (a16z) is looking to raise $4.5 billion for new funds, reports Yahoo Finance!. The company told its investors that it is looki...