The central bank of the US has scheduled the launch of its 24/7 payment service called FedNow for July 2023. FedNow is a system that can irreversibly settle international payments, instantly, at any t...
Category: Crypto
Live Crypto News Updates.
Paraguayan President Vetoes Bill to Regulate Crypto Mining
Per the law, the bill will return to Paraguay’s legislature for further deliberation. There, the lawmakers will reconsider the proposal and decide on the next line of action. Current Paraguayan presid...
Crypto.com Refund Slip-up Costs It $10.5 M
Exchange News A mistake made during the refund transaction has made a loss abundantly. Crypto.com identified this error after a period of 7 months. Crypto.com has mistakenly transferred $10.5 M to an ...
US Congress sends 5 major crypto exchanges letter inquiring how they are combatting crypto fraud
Five prominent cryptocurrency exchanges in the U.S. received letters from Congress requesting information about their steps to combat crypto fraud. The inquiries are part of the latest push from Congr...
New Crypto FreeWoly Could Outperform DOGE In Crypto Stock Market
Cryptocurrency, a primary key in digital advancement in recent years until now, is undoubtedly a significant improvement in this present century. The cryptocurrency market has seen several development...
Gaming industry Myria Releases Its Scaling Solution for Ethereum Layer 2 – crypto.news
Myria has announced the debut of their much-anticipated Ethereum layer-2 (L2) scaling solution centered on blockchain gaming and offers rapid and safe trades and zero gas fee transactions for NFTs. W...
FTX Will Help S.Korea’s Busan for Building its Crypto Exchange
Busan receives a green signal from FTX to build its own crypto exchange. On August 30, 2022 Busan signed a MOU with FTX. The MOU Between FTX and S.Korea’s Busan In a memorandum of understanding (MOU) ...
ETH Hovers Near $1,600, as Crypto Markets Consolidate – Market Updates Bitcoin News
Ethereum was hovering close to $1,600 during Wednesday’s session, as market volatility eased today. Following a turbulent week of trading, crypto markets mostly consolidated on hump-day, with the glob...
Over $1,260,000,000 Stolen From Ethereum-Dominated Crypto Sector in Q1 This Year: FBI
The U.S. Federal Bureau of Investigation (FBI) says that one popular niche of the cryptocurrency ecosystem has become a prime target for cyber criminals. In a new press release, the agency reports tha...
US politician’s letter demands crypto firms turn over anti-fraud files
Crypto exchanges Binance.US, Coinbase, FTX, Kraken, and KuCoin have received a letter from one of the US government’s leading investigative bodies demanding they prove that they’ve been sticking to a ...
Crypto.com Mistakenly Refunds $10.5M to Aussie User
Melbourne resident Manivel Thevamanogari and her sister Gangadory Thevamanogari sought a refund of 100 Australian dollars from Crypto.com in May last year but was accidentally returned 10.5 million Au...
Japan proposes easing crypto taxes in a bid to strengthen the economy
Japan’s regulator, the Financial Services Agency (FSA), is proposing easing the corporate crypto tax in the country to strengthen the economy in line with Prime Minister Fumio Kishida’s vision. Under ...
Funding Rounds Continue With Rocketplace, Singapore Could Revise Crypto Regulation Laws – crypto.news
Rocketplace recently announced a successful funding round raising $9 million. UK energy prices could soar to highs in October. Elsewhere, Singapore is en route to establishing a framework for the cryp...
Crypto Faith Strong Across Americas Despite Global Drop: Survey
Global faith in the digital asset sector dipped by 3% in this year’s second quarter, according to a Bitstamp survey The Americas generally bucked the wider trend, with all countries except Canada show...
Indonesian IT Giant Acquires Local Crypto Exchange For $8.38M
Exchange News There was no mention of future intentions for PT Kripto Maksima Koin. The license to PT Kripto Maksima Koin was granted on January 28, 2022. PT GoTo Gojek Tokopedia Tbk (GoTo), an Indone...
Big Eyes Coin, Dogecoin, and Shiba Inu Aiming to Achieve Millions
“Get Money or Die trying.” This famous saying developed to serve as a motivational quote for getting wealthy. As humans, one of our primary focuses is to become wealthy, and this is one of the primar...
Slangs Used in Crypto Space
There is a plethora of crypto slang in the industry, and it can be helpful to know about them as it can quickly explain the different terms used in the industry. Below are some of the slang commonly u...
Paraguay’s President Turns Down a Proposed Crypto Mining Bill
The President of Paraguay – Mario Abdo Benítez – vetoed a bill that could have regulated cryptocurrency mining and turned it into an industrial activity. The reason appears to be the high electricity ...
Fed President Might Have Good News For Crypto Holders
The crypto market has been struggling due to the hawkish stance of the Fed. Bitcoin fell below $20K before climbing back up again. Ethereum also showed sluggish growth. However, a key Fed official mig...
Crypto.com accidentally transfered $10.5M to client instead of $100 refund
According to local news outlet 7News, two Melbourne women, Manivel Thevamanogari and her sister Gangadory Thevamanogari, received an AUD$10.5 million deposit from Singaporean crypto exchange Crypto.co...
Crypto Startup Clashes With Deloitte Over Domain — And Wins
The World Intellectual Property Organization said the disputed name is simply an abbreviation of the crypto firm’s service Still, privacy-focused crypto startup DKYC is now rebranding its website to “...
US Congressman Demands Investigation Into Crypto Scams, Prods Exchanges to Intervene
On Aug. 30, the US House Oversight Committee’s subcommittee on economic and consumer policy demanded answers from regulators as to how they would fight against the crypto scams that have plagued the i...
Court Rules Against the Purchase of Land and Citizenship With Central African Republic’s Crypto – crypto.news
The Constitutional Court, a top court in the Central African Republic (CAR) has ruled that it was unconstitutional to purchase land and citizenship with the government-backed crypto, Sango Coin. Purch...
SEC Chair, CFTC To Be Testified Over Crypto Bill: Sources
Gary Gensler, Chairperson of the U.S. Securities and Exchange Commission (SEC) landed under scrutiny over his approach to the crypto industry. Many key leaders have raised their voices demanding clari...
Crypto community predicts bullish Solana price for the end of September
Disclaimer: The CoinMarketCap cryptocurrency community price estimate is based only on the votes of its users. Estimates do not guarantee end-of-month prices. As the entire cryptocurrency market faces...
Crypto.Com Send AU$10.4m Instead of Au$100 to a User- Took 7 Months to Recognize
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Brazil’s Digitra.com Launches Crypto Platform Using Nasdaq’s Cloud-Based Tech
Brazil-based cryptocurrency exchange Digitra.com on Tuesday launched a digital asset trading platform powered by Nasdaq’s cloud-based crypto trading service. Built on market infrastructure technology ...
Russian journalist donates $16 in crypto
An independent journalist who donated $16 via crypto to an organisation banned by Russian authorities, was arrested and could face up to 8 years imprisonment. Andrei Zayakin was arrested on Sunday and...
Navigating Crypto Derivatives, the Key to Leveling Up Aspiring Traders
In 1996, the New York Times wrote a piece on the introduction of the Internet to the stock market. The article discussed how the Internet could replace the functions of a broker, whose stock in trade ...
W3 Storage Lab Gives Significant Boost to the Datamall Coin Ecosystem
Advertisement     W3 Storage Lab, a software partner in the Datamall Coin (DMC) ecosystem, recently declared the closing of a $3M pre-seed financing round. The round’s...
Lawmakers Probe Coinbase, Binance, FTX Over Crypto Fraud
Five major cryptocurrency exchanges have been requested to submit documents to the US lawmakers Federal agencies were asked whether crypto holdings should be treated as commodities, securities, or bot...