A hack targeting a Trust Wallet user sent a shock wave to the community. In a new update on Twitter, Trust Wallet said it was caused by a social engineering scam. The scam, which took place by the end...
Category: Crypto
Live Crypto News Updates.
SPS discusses challenges of building GameFi amid crypto winter
Amid a drastic decline in coin prices, shifting player behavior and hard-to-maintain tokenomics, it’s been a difficult year for many GameFi developers. While more established franchises, such as Axie ...
CEO of Prominent Crypto Mining Firm Argo Blockchain Resigns
4 hours ago | 2 mins read Bitcoin News Seif El-Bakly has been named the company’s interim CEO. In December, the company mined a paltry 147 BTC, a decrease of 25% from last month. Peter Wall, CEO of Ar...
Bitcoin, crypto prices slip; Coinbase extends losses as regulatory fears spook market
Cryptocurrency prices nosedived overnight on the back of increased regulatory scrutiny. Coinbase and Silvergate extended losses in the early session. Bitcoin was trading at $21,770, down 4.2% o...
Russian Crypto Executive Anatoly Legkodymov Arrested in Miami
Russian national Anatoly Legkodymov – the founder of a China-based cryptocurrency exchange who was believed to have been living in China for the past several years – was recently arrested while residi...
CoinMetrics co-founder’s fears of coordinated attacks on crypto come true
The recent actions of the United States Securities and Exchange Commission (SEC) against the cryptocurrency market seem to be in line with the expectations of the venture capitalist and CoinMetrics co...
AI to feature prominently in the crypto user experience — Nansen CEO
As the crypto industry attracts more users, developers are laser-focused on improving user experience, a major pain point for most new users. Artificial Intelligence has often been seen as a technolog...
Analyst Predicts New All-Time High for One Ethereum-Based Altcoin, Updates Outlook on BTC and ETH
A popular crypto analyst says one under-the-radar Ethereum (ETH)-based altcoin is about to go on a massive run. The pseudonymous analyst Smart Contracter tells his 220,200 Twitter followers that Mask ...
Global Crypto Market Cap Drops More Than 4% In the Last 24 Hours
The global crypto market cap stands at $1.02 trillion following a 4.02% drop. A selloff occurred yesterday after the SEC announced that it would be banning staking. Yesterday’s selloff has impacted th...
How Widely Adopted is Crypto Payments?
Cryptocurrency can be traced back to the 1980s and there were several attempts to launch a digital currency. Digicash was the most notable of the early efforts in the 1990s but 2008 saw the introducti...
“Not your keys, not your crypto”
Ad Gary Gensler, chair of the U.S. Securities and Exchange Commission, attempted to cast new restrictions on staking in a positive light during a video on Feb. 9. Gensler says disclosures will benefit...
How the Coinbase Insider Trading Case Will Change Crypto
Former Coinbase employee Ishan Wahi pleaded guilty to two counts of conspiracy to commit wire fraud Tuesday in connection to an insider-trading scheme at the exchange. But while the Department of Just...
Crypto crime and Darknet in line with Chainalysis-The Cryptonomist
Blockchain analytics firm Chainalysis has compiled a new report regarding crypto crime, crime involving cryptography, with a particular focus on Darknet marketplaces and fraud stores that have been fi...
Crypto community sends millions in digital assets to Turkey following the earthquakes
Join Our Telegram channel to stay up to date on breaking news coverage The last few days have been marked by reports of massive earthquakes in Turkey and Syria which resulted in thousands of casualtie...
Is 2023 Projected to Be a Good Year for Crypto?
The start of a new year always brings with it a glimmer of hope for investments and crypto is no different. There is no denying 2022 was a tough year for the crypto industry as a whole and thanks to t...
Robinhood Crypto Revenue Drops By 25% Over Last Quarter
Robinhood recently announced its FY2022 Q4 results, laying out the profits and losses of its popular retail investor-friendly trading platform. The numbers, although overall positive, were a mixed bag...
These 10 Tokens Are Setting Benchmarks In Crypto
The broader cryptocurrency sector began the year 2023 with an optimistic outlook, and crypto gaming tokens have not been an exception to this trend. What comes as significant gaming news, cryptocurren...
Coinbase’s (COIN) Brian Armstrong Cites ‘Rumors’ the SEC May Ban Retail Crypto Staking
“Staking tends to get misconstrued with unrelated activities like lending, but staking is fundamentally a way for anyone to join in providing security for proof-of-stake networks,” Mangier...
$40 billion flees crypto market cap in a day as anxiety grows over SEC’s maneuvers
As concerns mount in the cryptocurrency industry over the recent actions of the United States Securities and Exchange Commission (SEC), its global market capitalization has recorded losses of over $40...
Kraken settles with SEC over crypto staking — is Coinbase next?
Crypto exchange Kraken has agreed to pay $30 million and discontinue offering staking-as-a-service in the US, in order to settle charges of offering an unregistered security with the Securities and Ex...
Coinbase stock down 14% as US SEC cracks down on crypto staking
Coinbase (NASDAQ: COIN) share price dropped by 14%, the most it has dropped by since July 2022 when the exchange faced a probe by the US SEC for its cryptocurrency listing. Yesterday’s plunge was afte...
Government to Subsidize Crypto Mining
Russia has approved a large, subsidized crypto mining center in Buryatia, a republic in the country’s Far East. It will open in the first half of 2023, house 30,000 mining machines, employ 100 people,...
How Do Cops Take Down Crypto-Criminals? Here’s How –
Join Our Telegram channel to stay up to date on breaking news coverage The criminal lords inhibiting in different lawless corners of the internet have boasted and operated freely in various activities...
AI-Based Crypto Surge 6x In last 30-Days: Right Time to Stack AI tokens?
The crypto market experienced mixed volatility during the early trading hours in the Asian market on Thursday with Bitcoin price trading around $22.6, down approximately 2.35 percent in the past 24 ho...
Investors Are Interested in Crypto Despite Bear Market: BNY Mellon Exec
Michael Demissie, the head of digital assets at Wall Street powerhouse Bank of New York Mellon (BNY Mellon), has disclosed that investors are still very interested in the digital asset space amid the ...
Exploring how UNI v3 deployment could impact Binance Coin [BNB]
Consensys and a16z are in different positions on UNI’s deployment on BNB. BNB could be impacted in the eventuality of deployment by UNI. Voting is still happening to determine the best way to integrat...
Argentina Mulls Inclusion of Proof-of-Solvency Requirements in Crypto Regulation – Regulation Bitcoin News
Regulators in Argentina are mulling the inclusion of stringent requirements in their next cryptocurrency regulatory framework. According to reports, institutions like the national securities regulator...
Under-the-Radar Altruistic Altcoin Soars 268% This Week Amid Crypto Platform Rebranding
An under-the-radar altcoin focused on blockchain gifting has ripped 268% this week amid exchanges announcing their support for its token rebranding. Gifto (GFT) is a Web3 blockchain project focused on...
Demand for NFT tech nabbed this crypto startup a $800m valuation
Episode 8 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and QuickNode Co-Founder and CEO Alex Nabutovsky. Listen below, and subscribe to The Scoop on Apple...
Crypto community sets Cardano price for February 28, 2023
Cardano (ADA) is recording extended sell-offs, with bears appearing to take control of the asset after failing clear key resistance levels. The decentralized finance (DeFi) asset has lost momentum in ...
SEC Hits Kraken With $30 Million Fine, Orders Crypto Exchange to Halt Staking in US
The SEC today hit San Francisco-based cryptocurrency exchange Kraken with a $30 million fine for violating securities laws. In a Thursday announcement, the regulatory body announced the firm had faile...
LocalBitcoins Becomes Latest Victim of Crypto Winter
Finland-based P2P Bitcoin exchange LocalBitcoins will close its doors after ten years as crypto winter proves too much. The exchange suspended new sign-ups on Feb. 9, 2023, and will stop trading on F...