Christian Faes, co-founder and executive chair of London-listed fintech firm LendInvest, has quietly set up a crypto mining operation into which he and a small group of investors have poured tens of m...
Category: Crypto
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KuCoin Reports Impressive Annual Results With Trading Volumes Soaring Above $1 Trillion
The leading global KuCoin exchange released its annual performance report amid increased trader activity and immense liquidity inflows. KuCoin has been experiencing immense growth over the past year, ...
FINRA Considering Changes to Crypto Regulations to Better Protect Investors: Report
The CEO of the Financial Industry Regulatory Authority (FINRA) said the self-regulatory body will look at potential changes to crypto regulations this year as crypto adoption grows, Barron’s reported,...
The Sudden Boom In The World Of Crypto Exchanges
Bitcoin started in 2008 as the first cryptocurrency to succeed using blockchain technology. A lot of skepticism has ensued over the years about its validity. There have also been backlashes from the p...
Little-Known Altcoin Project That’s Up Over 70% Year-to-Date Launches $400,000,000 Ecosystem Fund
Data privacy-focused crypto project Secret Network (SCRT) is establishing a multimillion-dollar fund to support its growth. In a new announcement, the smart contract-enabled altcoin says that it is se...
Crypto taxation could deter investors, says Thai ruling party MP
Thailand’s Committee on Monetary Affairs, Finance, Financial Institutions and Financial Market conducted a virtual meeting to discuss various aspects of crypto taxation. The ruling party MP Watanya Wo...
Puerto Ricans are fed up with wealthy crypto ex-pats
The arrival of crypto millionaires to Puerto Rico has locals fearful of getting displaced. Wealthy ex-pats, particularly those who made their fortune in cryptocurrency, are flooding the Caribbean isla...
Victor Zachariades Left Pepperstone, Joins Crypto Firm Alpaca
Victor Zachariades has stepped down from his role as Head of Pepperstone’s Cyprus unit to join Alpaca as the General Manager of Cyprus. He took over the new role earlier this month, according to his L...
BTC Dump Continues, Crypto Market Loses $150 Billion
Another crypto market dump caused a sharp dip in the prices of digital assets on Thursday. BTC plunged below $39,000 yesterday for the first time in almost 4 months. Bearish traders took over the mark...
India's Crypto Industry Has Great Expectations From the New Budget
India’s cryptocurrency ecosystem is eagerly hoping for a hint of regulation from the government come Feb. 1, 2022. India’s Finance Minister Nirmala Sitharaman will present the nation’s budget at the b...
Bitcoin Mining Difficulty Reaches New ATH, Here’s How It Affects Crypto Market
Arman Shirinyan As mining difficulty and hashrate on the network increases, you may have noticed an unpleasant correlation As reported by Glassnode analytics, the mining difficulty of the Bitcoin net...
With Bitcoin At $43,000, Check Out These Crypto Stocks
UKRAINE – 2021/03/23: In this photo illustration the stock market information of Advanced Micro … [+] Devices, Inc. seen displayed on a smartphone with the Advanced Micro Devices, Inc. log...
Crypto Market Needs ‘Final Flush’ Before Bearish Trend Can Reverse, Says Digital Asset Analyst Nicholas Merten
Popular crypto analyst Nicholas Merten says that the crypto market is going through a long-term consolidation, but the position of top traders indicates that there will be a reversal at the end of a “...
Crypto Mayhem Grips Markets, $230 Billion Decimated In Massive Red Friday Selloff
It is crypto mayhem as markets dump $230 Billion in Massive Red Friday Selloff. The crypto markets saw a massive 11% chiseling off of its values in the past 12 hours. The Bloomberg crypto suggests tha...
E-Commerce Giant Mercado Libre Invests in Crypto Firms Paxos, 2TM
“As a leading technology company, we are actively evaluating the various innovations and opportunities around this market as it evolves, aiming to be a core participant in this disruption. Digital ass...
NYC Mayor Adams to Receive Salary from Crypto, Converting Paycheck via Coinbase
New York City’s new mayor Eric Adams said that his first paycheck will be converted into Bitcoin and Ethereum via Coinbase Global. The mayor – a major crypto proponent – made a promi...
Robinhood Introduces the Next Phase of Crypto Wallets Program
Robinhood, a prominent American financial services provider, yesterday announced the next phase of its wallets program. The company has officially introduced the Beta program. As part of the launch, R...
Binance’s CZ Explains Why Banning Crypto Ads Won’t Affect Demand
Several regulators around the globe have taken a hostile approach around crypto exchanges and crypto-related companies by forbidding them to advertise the industry to the general public. However, Bina...
El Salvador Plans to Offer Crypto-Based Loans for SMEs
According to Steiner, the government has been in talks with Acumen since October 2021, following the approval of bitcoin as legal tender in the Central American country. In parallel, it holds negotiat...
$353 Million Worth of Crypto Liquidated in Hours as Bitcoin Plunges to $38,000
Alex Dovbnya Bitcoin has collapsed to the lowest level in six months The price of Bitcoin plunged to an intraday low of $38,250 on the Bitstamp exchange on Friday, reaching its lowest level since earl...
Crypto Markets Dump $230 Billion in Massive Red Friday Selloff
Crypto asset markets are plummeting during the morning of Jan 21 as hundreds of billions of dollars get wiped off the total market capitalization. Cryptocurrency markets are deep in the red this Frida...
Crypto Market Tanks Again, Dogecoin (DOGE) and Shiba Inu (SHIB) To Struggle Hard In Coming Days? – Coinpedia – Fintech & Cryptocurreny News Media
The largest cryptocurrency by market cap Bitcoin has once again breached the $40,000 mark and is currently trading at $38,659. The crash has had the coin decline by more than seven percent and along w...
Robinhood’s Crypto Wallet Goes Live, Allowing Crypto Withdrawals for First 1,000 Users
Robinhood’s crypto wallet is officially live, allowing the first 1,000 users to make crypto withdrawals. Last November, Robinhood Markets has announced that 1.6 million people are on the waitlist for ...
Payment Innovation Blurring The Lines Between Fiat and Crypto
The representation of money and monetary systems have vastly changed over the years. In historical times, many considered the bartering system to be the best medium of exchange. It originated the trad...
Crypto service ecosystem ShapeShift rolls out new v2 of its web platform
ShapeShift, a decentralized, non-custodial cryptocurrency platform, has announced the launch of its new open-source v2 web platform. The new platform allows users to manage their crypto privately, wit...
Cosmos-based Tokens Post Healthy Gains as Crypto Markets Trade Sideways
Though the broader crypto market cap only grew by 0.1% over the past day, indicating a slow day for many large cryptocurrencies, a handful of tokens in the Cosmos ecosystem are faring much better. Wi...
Crypto.com Introduces WAPP Program, Following its Protocol Breach
With more than 400 confirmed customers affected in its platform hack this Monday, Crypto.com has announced a new set of initiatives to combat future occurrences and also to protect its users. Sharing ...
Russia’s Central Bank Reportedly Proposes a Total Crypto Ban
The central banking institution of the largest country by landmass – the Bank of Russia – urged the local government to impose a blanket ban on all cryptocurrency endeavors on Russian territory. It ar...
Crypto.com hack revealed: Attackers stole $34 million from 483 accounts
The leading cryptocurrency exchange crypto.com suffered a breach on its platform on 17 January, and the community had since been waiting for a detailed analysis of the hack to be released. While sever...
NGOs Use Crypto To Aid Afghans Facing Taliban Takeover
Crypto is playing an important role for organizations looking to send financial aid to Afghanistan. Around 24.4 million afghans are in humanitarian need, but strict rules and sanctions forbid money to...
Fed calls central bank digital coin a ‘highly significant innovation’
The Federal Reserve on Thursday issued its long-awaited paper exploring the benefits and negatives of a central bank digital currency (CBDC), as the debate over cryptocurrency regulation hits its stri...