Quick Take The Crypto.com CEO acknowledged the hack but said customer funds were not in any danger. He added that the funds stolen were immaterial to the business. advertisement Crypto.com CEO Kris Ma...
Category: Crypto
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Crypto’s “Coldest Wallet” Creator NGRAVE Raises $6 Million in Seed Round
Belgium-based “Coldest” cryptocurrency hardware wallet provider NGRAVE today announced it had successfully concluded a seed round fundraised worth $6 million. NGRAVE Completes Seed Round Fundraise Wal...
Days After Alleged $33M Hack, Crypto.com Is Still Silent
Key Takeaways Crypto.com suffered from “suspicious activity” on Monday. Analysts estimated that the exchange was hacked for around $33 million. Contrary to the on-chain data, the exchange ...
Puppy Bowl Is Going Crypto With NFTs to Benefit Ariana Grande’s Animal Rescue Charity
Woof! Here come Puppy Bowl NFTs. The Puppy Bowl has been airing on Super Bowl Sunday since 2005, but this year’s event will include NFTs. The non-fungible tokens (NFTs) will be released leading ...
Bitcoin ‘Mega Whales’ Make Reappearance As BTC Struggles To Stay Above $40,000: Crypto Intelligence Firm Santiment
As the price of Bitcoin (BTC) continues to track sideways in early 2022, BTC “mega whales” appear to be buying back into the space. According to crypto analytics firm Santiment, in the past three mont...
Lost Funds From Crypto.com Hack Now Exceed $33M
A third-party blockchain research company OXT Research has uncovered a loss of 444 BTC in addition to 4,600 ETH in the recent crypto.com hack. The recent hack of Crypto.com saw 4.6K (~$15M) of ETH sto...
Spain: new rules for crypto advertising
Spain has issued a new ad hoc regulation for cryptocurrency-related advertisements. This is reported by Reuters, stating that the new rules also apply to influencers on social media. Crypto advertis...
Crypto ATMs in Singapore shut down following newly released guidelines
Crypto ATM machines in Singapore are being taken offline following a crackdown on various crypto-related services. Crypto ATMs have become increasingly popular as they offer a convenient way for peopl...
Crypto Market To Plunge Harder In Coming Days? Bitcoin Price (BTC) to Bottom Out at $38k – Coinpedia – Fintech & Cryptocurreny News Media
On Wednesday, cryptocurrency prices fell as the overall market fell by more than 2%, bringing the total market capitalization below $2 trillion. According to CoinMarketCap, the global crypto market is...
Regulator Offers Conditional Approval to SoFi Bank, despite Crypto Asset Activities
American online personal finance company Social Finance, Inc., commonly known as Sofi, has obtained conditional approval from the Office of the Comptroller of the Currency (OCC) to establish SoFi Bank...
Cryptocurrency Price Today: THETA, LUNA, STX Top Gainers in Last 24 Hrs As Fear Grips Rest Crypto Market
Amid the bearish cloud hovering above the crypto market, few coins are still turning green, contributing to their bullish motives. Let’s study the technical chart of these coins and see what trading o...
Crypto tax experts dig into the infrastructure bill’s impact
Episode 2 of Season 4 of The Scoop was recorded remotely with The Block’s Aislinn Keely and Justin Woodward, tax attorney & co-founder of TaxBit and Seth Wilks, Senior Director of SME & Govern...
Top security crypto wallet NGRAVE raises $6M in seed round
NGRAVE, the self-described “coldest” crypto hardware wallet, finalized a seed round fundraise of $6 million, Invezz learned from a press release. The wallet creator attracted interest from well-known ...
Opera Launches Beta Crypto Browser in Latest Push Towards Web 3 Adoption
Web 3.0 is growing at a rapid speed and many companies are joining the movement. Recently, Opera, one of the most popular web 2.0 browsers, has released a web 3.0 beta browser with much more to come. ...
Nexo Taps Bakkt for Crypto Services
On January 19, Bakkt Holdings Inc announced a partnership with Nexo, a cryptocurrency-backed loan platform, to custody crypto assets in the Bakkt warehouse. The partnership will see Nexo using Bakkt’s...
Crypto IRA platform iTrustCapital raises $125 million in Series A funding
iTrustCapital, a platform that allows users to buy cryptocurrencies through their individual retirement accounts (IRAs), has raised $125 million in a Series A funding round. Left Lane Capital led the ...
Binance Coin Price Analysis: BNB rejects upside again, continued past $460
TL;DR Breakdown Binance Coin price analysis is bearish today. BNB/USD rejected upside yesterday. Support at $460 currently gets broken. Binance Coin price analysis is bearish today as we expect furthe...
S. Korean Presidential Candidates to go Head to Head in Crypto Policies
As South Korea’s presidential elections draw to a close in March, crypto affairs are turning into a political battleground with both candidates set to showcase a number of crypto-related policies. Wit...
London-Based VC Blossom Capital Raises $432 Million For New Crypto-Focused Fund
Alex Lim, Ophelia Brown and Imran Ghory have raised $432 million for a new fund to invest in early-stage European tech startups. www.annak-photo.com One of Europe’s few female-led venture capital fund...
Bitmex Acquiring German Bank to Create ‘Regulated Crypto Powerhouse’ in Europe – Exchanges Bitcoin News
Crypto exchange Bitmex is acquiring a German bank to create “a regulated crypto powerhouse.” The company plans to establish “a one-stop shop for regulated crypto products in Germany, Austria, and Swit...
Bitcoin ATMs Shut Down In Singapore After MAS Curbs Crypto Advertising
Financial service regulator – Monetary Authority of Singapore has issued fresh guidelines to limit crypto trading by the public. It has also taken a firm stance and asked cryptocurrency companies to e...
Firms in Singapore Shutter Crypto ATMs Amid Advertising Crackdown
Cryptocurrency ATMs are shutting down across Singapore after the Monetary Authority of Singapore (MAS)—the city-state’s financial services regulator— announced a crackdown on crypto-related adve...
Can Cardano Continue Its Rally? Crypto Analyst Benjamin Cowen Looks at What’s Ahead for ADA
Crypto analyst Benjamin Cowen says a handful of factors could prevent Cardano (ADA) from kicking off a bull run right now. In a new YouTube update, Cowen tells his 692,000 subscribers that Bitcoin (BT...
Blossom Capital to support crypto-powered firms with $432 third fund
The funds from the Venture Capital firm, Blossom Capital, would be headed to European startups, the majority of which will be crypto-powered firms. They have NFTs but won’t disclose what, the Managing...
Bakkt and Nexo partner for secure custody of crypto assets
Bakkt Holdings, Inc., a trusted digital asset platform that allows users to buy, sell, send and spend a variety of digital assets, entered into a partnership with Nexo (NEXO/USD), the leading regulate...
EU securities regulator calls for proof-of-work crypto mining ban
Erik Thedéen, the vice-chair of the European Securities and Markets Authority has raised concerns over the growing use of renewable energy for Bitcoin mining. In a recent interview with the Financial ...
Crypto VC Firm Inflection Launches $40M Fund to Build ‘Open Economy’
Limited partner investors in the Mercury Fund include Galaxy Digital, Digital Currency Group (CoinDesk’s parent company), Accolade Partners, Evanston Capital, Isomer, Hutt Capital, Multiple Capital, P...
On-chain analyst claims Crypto.com hack was closer to $33 million
Quick Take The Crypto.com hack may also have included 444 BTC (18.4 million) stolen from the exchange’s custodial wallet. The alleged attacker has laundered 271 BTC ($11.25 million) via a bitcoin tumb...
Here’s What’s Next for Bitcoin (BTC), Ethereum (ETH) and Solana (SOL), According to Crypto Analyst Pentoshi
A closely followed crypto strategist is predicting what’s in store for Bitcoin (BTC) and smart contract platforms Ethereum (ETH) and Solana (SOL). Pseudonymous crypto analyst Pentoshi tells his 475,50...
Sotheby’s accepts crypto for The Enigma diamond
British auction house Sotheby’s is accepting Bitcoin (BTC), Ethereum (BTC) or USD Coin (USDC) for the auction of a rare 555.55 carat black diamond: “The Enigma”. Sotheby’s accepts cryptocurrencies fo...
UK’s Financial Regulator Proposes to Treat Crypto Similarly to Other High Risk Investments
The Financial Conduct Authority (FCA) – the top monetary regulator in the United Kingdom – proposed to tighten the rules on how high-risk investments such as digital assets are advertised. The watchdo...
Gold Miner Says Investors Prefer Hedging Against Inflation With Gold, Not Crypto – Economics Bitcoin News
The CEO of a Canada-headquartered gold mining company, Mark Bristow, has insisted that gold currently has little downside risk. He also highlighted the precious nature of the metal and how it is a bet...