Recent reports indicate that FTX walked away from a deal to save Celsius after looking deeply into the state of the latter’s financial record. However, FTX is already finalizing a deal to buy BlockFi ...
Category: Crypto
Live Crypto News Updates.
Crypto Hedge Fund Three Arrow Capital Files For Bankruptcy! What Next
Three Arrows Capital, better known as 3AC, a cryptocurrency investing company, registered for Chapter 15 bankruptcy on July 1st, according to reports. Although not surprising, the announcement marks t...
FTX CEO SBF Acquiring Crypto Miners Next? Here’s The Truth
FTX’s CEO Sam Bankman-Fried is on an acquisition spree. After rescuing many crypto firms from insolvency risks, FTX’s U.S. subsidiary has finally entered a deal to acquire BlockFi for around $240 mill...
Argentina carries out crypto wallet seizures linked to tax delinquents
Argentina’s tax authority has seized more than 1,000 cryptocurrency wallets linked to delinquent taxpayers in the country. According to a report from local media outlet iProUP, courts across Argentina...
Ethereum Completes Gray Glacier Upgrade, Merge Expected in September – crypto.news
Ethereum has completed the Gray Glacier hard fork, which implements EIP-5133. The Difficulty Bomb will be delayed by the upgrade; therefore, the devs anticipate that the Merge will occur later than pr...
Trust Banks Could Get Go-Ahead for Crypto Custody
Japan is set to allow trust banks to manage crypto assets later this year, financial regulators have announced. The Financial Services Agency (FSA) will reportedly propose the changes after a month-l...
Experts weigh in on European Union’s MiCa crypto regulation
European Union officials recently agreed on a landmark law called the Markets in Crypto-Assets (MiCa) framework that provides guidance for crypto asset service providers (CASPs) to operate within the ...
Nvidia Cards Tumble in Price as Crypto Miners Capitulate
The price of Nvidia GPUs is tumbling as crypto miners capitulate, with prices on the secondhand market down by as much as 50%. The price of NVIDIA shares fell by 15% this week, down from $173.04 on Mo...
Crypto Exchange KuCoin Denies Rumours of Them Halting Exchange Withdrawals
Cryptocurrency exchange KuCoin has completely refuted rumors that suggested that them halting withdrawals on their platform owing to heavy losses suffered due to the LUNA collapse. Johnny Lyu, the CEO...
Indonesia to Host Coinfest Asia, First and Biggest Crypto Festival in Asia
According to a Chainanalysis report, in the first half of 2021, Asia accounted for 28% of the overall $1.16 trillion global cryptocurrency transaction volume. Also, data from Messari shows that Asian ...
EU Agrees To An Agreement On Markets in Crypto Assets regulation (MICA); Details
Europe becomes the first continent to come to an agreement on crypto regulation as reported by Stefan Berger, a MICA parliamentarian. This groundbreaking decision comes in the wake of France passing t...
AUM of Crypto Investment Products at Record Lows in June, Trust Products Garner Lowest Total Since December 2020 – Bitcoin News
The latest data from Cryptocompare shows that assets under management (AUM) of crypto investment products reached record lows during the month of June. The data also shows 21 Shares Short Bitcoin ETP ...
How crypto winter could slow the challenge to Ethereum
Given Ethereum’s dominance coupled with the current crypto bear market, it remains questionable if L1s will flourish. This was recently highlighted in a Chainalsys blog post entitled “New layer 1 bloc...
Harmony Intensifies Search for Horizon Bridge Hackers, Ups Bounty to $10 Million – crypto.news
Harmony (ONE) has revealed on June 30, 2022, that it has begun a ‘global manhunt,’ in collaboration with all crypto exchanges, law enforcement, Chainalysis, and Anchain.AI, to fish out the hacker(s) w...
Abra becomes latest crypto firm to cut jobs
Abra, a crypto trading and lending platform, slashed a dozen jobs this week, two sources familiar with the matter told The Block. When contacted, Abra CEO Bill Barhydt confirmed the layoffs to The Blo...
JPMorgan Is Optimistic About the Crypto Bear Market Coming to An End
JPMorgan believes that the worst of the crypto market is over and expects Bitcoin to show potential upside along with the S&P 500. After the brutal market crash, Wall Street banking giant JPMorgan...
Crypto Company Insolvencies are Coming
This year, crypto prices have been consistently touching new bottoms, and it’s not just the prices that are killing any optimism present around crypto. The recent LUNA crash, for example, was one of t...
Crypto hacks are declining in numbers but increasing in damage
Cryptocurrency hacks have been significantly decreasing in numbers since the beginning of the year. According to the latest research from BestBrokers, the industry saw 64 security breaches by mid-June...
Be[In]Crypto Presents Its Top Seven Altcoin Picks for July
Be[In]Crypto looks at seven altcoins that show promise for the month of July and the developments surrounding their respective projects. Origin Protocol (OGN) Current Price: $0.25 Market Cap: $97 Mill...
DOJ Indicts 6 People in 4 Crypto Scams Including Baller Ape NFT Rug-Pull
The US Department of Justice (DOJ) has indicted 6 people in 4 different cases of cryptocurrency frauds, including Baller Ape NFT rug-pull, worth nearly $130 million. Baller Ape NFT Scam According to a...
Coinbase Seeks Further Expansion Into Europe Amid Crypto Bear Market
The U.S.-based cryptocurrency exchange giant Coinbase is looking to gain regulatory approval in more European countries as a way to expand its presence in the region. Strengthening European Presence N...
JPMorgan Claims Things Aren’t Looking That Bad for Crypto
Alex Dovbnya JPMorgan claims that deleveraging fears are overblown as Bitcoin drops below $19,000 Contents Responsibility to step in Is Bitcoin undervalued? In a recent note, banking giant JPMorgan cl...
Youth is Preferring Crypto More Than Mutual Funds
People living in the United States were recently interviewed by the investment firm Alto to learn more about their investing inclinations. Based on the findings, more youngsters between the ages of 25...
EU Agrees on Hard-Hitting Crypto Regulatory Framework
On June 30, European Union policymakers hammered out an agreement on what will become the first major regulatory framework for the cryptocurrency industry. The Markets in Crypto-Assets (MiCA) legislat...
Understanding What Caused the Recent Crypto Crash
Not long after the Terra-Luna crash, cryptocurrency lending platforms Celsius and Babel Finance experienced a liquidity crisis which even spread to hedge funds in the industry. So what were the causes...
Huobi Founder Li Lin To Sell His Stakes Amidst Crypto Market Crash – Coinpedia – Fintech & Cryptocurreny News Media
Colin Wu a chinese journalist, reported news about Li LIn, a founder of Huobi . He reported through his tweet that Li Lin was willing to sell his share at Huobi company. Huobi is among the top crypto ...
PAXG up 140% Against Bitcoin Since Beginning of Crypto Market Collapse, Here’s Why
Gamza Khanzadaev Crypto gold continues to establish itself as safe harbor during market turmoil While the cryptocurrency market is experiencing another round of capitulation as part of the global corr...
Here’s How This Crypto Winter Will Influence Crypto Community: Dogecoin Co-Founder
Yuri Molchan One of DOGE founders believes that current bear market may improve community’s view of crypto space Contents “People begin to understand crypto” “Getting a more ra...
Ether (ETH) Sharks and Whales Follow “Buy the Dip” Strategy, Data Shows – crypto.news
While the panic selling in the crypto market persists, Ethereum’s sharks and whales (holding 100 – 100,000 ETH) continue to actively accumulate the major altcoin in the anticipation of the crypto mark...
Next 12 Months to Be Game-Changer For The Crypto Market ! Here’s Why – Coinpedia – Fintech & Cryptocurreny News Media
The coming year will be critical for cryptocurrency, according to Charles Hoskinson, the developer of Cardano (ADA), as the government makes game-changing decisions for the sector. Hoskinson spoke to ...