A new massively multiplayer online (MMO) strategy game that harnesses the power of blockchain technology just entered the crypto world after joining the Binance marketplace. In a recent announcement, ...
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Banking Giant BNY Mellon Expects Significant Revenue From Its Crypto Services: Report
America’s oldest bank is eager to capitalize on the cryptocurrency revolution but remains concerned that the government still has not provided regulatory clarity. According to a new Bloomberg report, ...
Union Bank of the Philippines Looks to Becomes Nation’s First to Offer Crypto Services
Union Bank of the Philippines plans to become the first in the country to offer trading and custodial services for cryptocurrencies. The custodial services for digital assets will also cover tokenized...
Decentralization Takes Center Stage As GemUni Rolls Out Latest Crypto Gaming Platform
Play-to-earn games have proven that blockchain can be deployed in a variety of ways. A few years back, these games never existed, as gaming companies still relied on the centralized market to thrive. ...
SEC Chairman Gary Gensler Stresses Crypto Trading Platforms Must Be Regulated to Ensure Investor Protection – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) is focusing on bringing cryptocurrency exchanges “inside the investor protection remit,” Chairman Gary Gensler has revealed. “If the trading platforms...
USD Coin Overtakes Tether on Ethereum
The stablecoin market has undergone a shakeup as USD Coin (USDC) has overtaken USD Tether (USDT) on the Ethereum blockchain. USD Coin Supply On Ethereum Is Now More Than Tether As per the latest weekl...
Eternal oath of Georgia citizen to stop crypto mining
Residents of Svaneti, Georgia, have reportedly been forced to take a holy swear not to mine cryptocurrencies in order to address energy issues caused by Bitcoin mining. An eternal oath was signed in o...
Crypto Strategist Justin Bennett Updates Outlook on Bitcoin (BTC), Ethereum (ETH), and Two Popular Altcoins
A widely-followed crypto analyst foresees impending bounces for top cryptos Bitcoin (BTC) and Ethereum (ETH) while highlighting support levels for two popular altcoins. In a recent YouTube update, cry...
a16z Seeks Record-Breaking $4.5B for Crypto Funds
Key Takeaways Andreessen Horowitz has announced it is seeking $4.5 billion in fresh capital for its crypto funds. $3.5 billion would be allocated to its recently-launched crypto fund and $1 billion wo...
Russia’s Central Bank Proposes Ban on the Use and Mining of Crypto
On Thursday January 20, the Bank of Russia published a report that proposes ban of the use and mining of cryptocurrencies within Russian territory. In the report, the Central Bank of the Russian Feder...
Intel’s ASIC crypto mining to help claw back lost customers
Crypto mining enable Intel’s ASIC to lead from the front for miners Designed for specific use-cases for advanced chips in the manufacturing process Crypto mining revenue range from $1 billion to $1....
SEC Commissioner Says Crypto Doesn’t Require Special Regulatory Framework
While there have been calls by the cryptocurrency community for the SEC to provide clearer regulation for the industry, one of the agency’s commissioners thinks otherwise. SEC Does Not Need to Re-Inve...
Crypto.com Confirms Security Breach of Customer Accounts
Crypto.com confirmed on Thursday that its 483 customer accounts were hacked earlier this week as hackers breached several layers of its security. The ‘unauthorized withdrawals’ from some of the Crypto...
Opera Internet Browser is BETA testing a Crypto Browser to integrate Web3 applications
The world of Web3 is heating up and some of the major internet players are getting involved in the action. Opera, a Norwegian-based internet browsing company, has announced that it is BETA testing a n...
Gold-i Taps Modus.Trade to Offer Crypto Fund Management Services
Gold-i, a trading systems integration specialist for the financial services industry, continues to enhance its services around digital assets and partnered with Modus.Trade to enter the cryptocurrenc...
Crypto.com Hack Could Be Worth Double The Initial Reported Amount
According to an online chain analyst, the total loss from the latest hack on Crypto.com, which affected over 400 users, could amount to more than the reported $15 million. Analyst Claims Additional F...
As people in Afghanistan turn to BUSD, how far is crypto adoption coming along
U.S sanctions against Afghanistan have exacerbated starvation, poverty, and made life even more perilous for the millions living under Taliban occupation. However, people both within and outside the c...
Approximately $34 Million In BTC, ETH Now Washed Off Crypto.com, Exchange Vows To Tackle Loopholes, Reimburse Victims ⋆ ZyCrypto
Advertisement     Close to 500 Crypto.com accounts were accessed, bypassing owner 2FA. Crypto.com computes total losses at 443.93 BTC and 4,836.26 ETH, including other...
Andreessen Horowitz aims to raise $4.5 billion to invest in crypto funds
A16z, a VC company with investments in Protocol Labs, Polychain Capital and Opensea among others, is now planning to raise $4.5 billion for its latest fund, which is focused solely on cryptocurrencies...
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...