Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid on Wednesday, th...
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Huobi crypto exchange wins licenses in Dubai and New Zealand as Thai affiliate closes
Major cryptocurrency trading platform Huobi continues expanding its global presence by securing new licenses in New Zealand and the United Arab Emirates. On Friday, Huobi Group obtained the Innovation...
CBDCs, Not Crypto, Will Be Cornerstone of Future Monetary System, BIS Says
The BIS, an association of the world’s major central banks, dedicates a 42-page chapter in its 2022 Annual Economic Report to laying out a blueprint for the future of the global monetary system. In th...
“I Never Said That People Should Invest in Crypto” After Bitcoin Plunged 70% Since ATH
Arman Shirinyan Musk stated that he wasn’t urging people to invest in cryptocurrency after industry plummets In his most recent interview with Bloomberg, Elon Musk was asked by the host about th...
Ad spending by big crypto firms plunged 90% after Bitcoin’s all-time high
Following the crypto market meltdown in 2022, most companies in the space are now cutting down their marketing spending after splashing millions on different advertisement deals. The overall spending...
Elon Musk Says He Never Told Anyone to “Invest In Crypto” Amid Ongoing $258B Dogecoin Lawsuit Against Him
– Advertisement – The Tesla exec says he has never advised anyone to invest in digital currencies. In light of the lawsuit slammed against Elon Musk, the Tesla executive noted that he ne...
Bitcoin bounce is leading crypto to higher ground
After a wick down to under $18,000 at the weekend, bitcoin has now stabilised and is enjoying a rally, having recaptured the major support at around $19,500. The number one cryptocurrency is at $21,30...
Crypto Entity MoonPay To Roll Out NFT Platform, Collabs With Universal, Fox
MoonPay, a crypto start-up, has recently announced that it is collaborating with Universal Pictures, Fox Corporations, and Snoop Dogg’s Death Row Records, and some other brands to roll out HyperMint, ...
Visa Launches Bitcoin and Crypto Enabled Cards in Latam – Bitcoin News
Visa, one of the biggest payments companies in the world, has announced the launch of a series of crypto-enabled cards in partnership with several fintech startups in Latam. These cards will allow use...
Kaiko to Provide Deutsche Börse With Crypto Market Data
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Crypto Exchanges & Services Experience Damage Due to Cloudflare Outage
This morning, FTX, OKX, Bitfinex, Bitmex and Coinbase are reporting that they are having problems accessing sites due to Cloudflare hanging up. Such platforms as Xumm Wallet and Discord were also expe...
Indonesia To Host Coinfest Asia, the 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 Asian marke...
Crypto Exchanges Have a Collective Responsibility to Educate Investors, Bitkub CEO Says
As part of collective responsibility, cryptocurrency exchanges should take up the mantle of enhancing financial knowledge about digital assets so that investors are aware of downside factors, says Top...
What is SOL crypto? Learn about “Ethereum Killer”
Solana(SOL) is an Ethereum-based cryptocurrency that uses proof-of-stake (PoS) to validate transactions. It was created in 2017 and has been gaining traction since then. It has become the sixth most u...
Crypto Market Slump Continues After a Week of Consequent Lows – crypto.news
This past weekend, large-cap cryptocurrencies such as Bitcoin and Ethereum experienced another decline to $17,708 and $896, respectively. For Bitcoin, this marked its lowest level since early 2020, wh...
Shiba Inu Now The Largest ETH Whales’ Holding Despite Crypto Market Turmoil
Shiba Inu is currently the second-largest crypto asset held among the top 100 Ethereum whales behind USDC, according to statistics from WhaleStats, although Ethereum (ETH) maintains the top rank. The ...
Cloudflare outage affects multiple crypto exchanges
Cloudflare, a significant infrastructure provider for the internet, recently experienced widespread problems, leaving many crypto exchanges down. The content delivery network (CDN) confirmed via an up...
Cloudflare Outage Takes Down These Crypto Firms
Cloudflare on Tuesday said it is facing services and network issues, causing errors or timeouts on many websites. Moreover, the issue has been identified by the Cloudflare team, and currently implemen...
Is CashFi (CFI) A Better Staking Platform Compared To Binance Coin (BNB) or Ethereum (ETH)?
With crypto prices going down every day, more people are looking at how to maximize returns on their crypto assets. Although hodling is touted as the best way to make a passive income from crypto, ano...
‘I have never said people should invest in crypto’
While the cryptocurrency industry starts to recover after the market-wide carnage that engulfed it during recent days, billionaire entrepreneur and Tesla (NASDAQ: TSLA) CEO Elon Musk was interviewed a...
South Korea’s Crypto Tax Delayed Until Jan 2025
Crypto tax on digital assets in South Korea will be delayed by another two years, according to an announcement from the Ministry of Economy and Finance tax policy chief Ko Kwang-hyo. Originally the 20...
Iran Cuts Power to All Licensed Crypto Miners – crypto.news
Iran will shut off electricity to all its 118 authorized crypto mining facilities this month. Authorities in the country have taken similar measures earlier, citing the increased need for electricity ...
Global Central Banks Race into Inflation Battle: How Does it Affect Crypto?
The inflation rate, which has been largely understated in recent years, is now gaining worldwide attention. The political system just can’t hide it anymore. Central banks have struggled to prevent inf...
Crypto Quant CEO Says He Is Hearing “Same Advice” From Binance CZ When Bitcoin Bottomed At $3K in 2019
– Advertisement – CZ Said This In 2019, But Newbies Are Still Shocked By Market Downturns. Bitcoin market downturns have been routine since the coin came into existence, but some people ...
20% Bounce for DeFi Coin (DEFC), Retests to 21-Week $0.10 Level
DeFi Coin (DEFC) is probing the 21-week levels around $0.12 after a 500% bounce from $0.10 to well over $0.50 in early May. The coin has continued to perform well over the last 24 hours, despite the f...
Tether (USDT) Ready for Full Audit to Increase $USDT Reserves Transparency – crypto.news
In an interview, Paolo Ardoino, the CTO of Tether, stated that the company is embarking on a thorough audit to increase transparency over its $USDT assets. In order to increase transparency on $USDT h...
BTC Markets becomes first Australian crypto firm to get a financial services license
Australian-based cryptocurrency exchange BTC Markets has become the first crypto company in the country to gain a financial services license. The license was issued by the country’s financial regulato...
Top Altcoins to Buy in the Crypto Crash as Alt/BTC price show an Uptick
The impact of last week’s crash seems to be in the recovery mode. Bitcoin is once again above $20k levels, and the crypto news we have been reading since the start of the week isn’t as dreary as last ...
What Makes Gnox (GNOX), Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), And Fantom (FTM) Stand Out During A Bear Market?
Finding a good coin during the current bear market is as important as ever. It might have been easy to pick a winner when everything was just going “up”, that simply isn’t the case anymore. Crypto sti...