The U.S. Federal Trade Commission (FTC) has revealed that more than 46,000 people have reported losing over $1 billion in cryptocurrency to scams since the beginning of last year. FTC Says Scammers St...
Category: Crypto
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Quantum Computing Will Dwarf Blockchains’ Security – crypto.news
Crypto FUD is Fear Uncertainty and Doubt propagated to fight cryptos and is usually unverified/ false facts about the technology. FUDs range in different industries away from cryptocurrencies so long ...
Cardano At $0.56, Here Are The Crucial Trading Levels For The Coin
Cardano consolidated after the coin attempted to rise on the one day chart. Bitcoin extended losses so broader market continued to flash signs of weakness. The one day chart displays mixed signals whi...
Canonical Crypto A Venture Capital Firm Has Raised $20 Million In Its First Round Of Funding Via a16z As Well As Other Investors
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Cryptocurrencies vs. regulations: Which side will this coin fall
Shaun Tham, Legal Director of ChainUp shared his insights on the digital market during the Blockchain Fest 2022 this week. He acknowledged that businesses are being exposed to difficulties in this evo...
Chainlink (LINK) Price Feeds Are Now Live on Solana (SOL) Mainnet – crypto.news
Industry-standard price oracle networks for DeFi applications, Chainlink Price Feeds are now live on the Solana mainnet. Chainlink Price Feeds Go Live on Solana Blockchain According to a press release...
Lawmakers introduce bill to include crypto in Congressional disclosures
advertisement Representatives Elissa Slotkin (D-MI) and Dusty Johnson (R-SD) have introduced a bill that would require members of Congress to disclose financial interests in crypto. The lawmakers intr...
Dubai Gives CryptoCom Provisional Approval to Offer Crypto Services
CryptoCom continues its global expansion by securing provisional approval from Dubai’s regulators to provide a full range of cryptocurrency products and services in the city. It will receive its opera...
Bermuda’s Crypto-Friendly Regulations; Targets To Become A Digital Asset Hub
Bermuda is the latest country that wishes to be in the forefront when it comes to crypto and its regulations. It is now set to develop an extensive and comprehensive crypto regulatory framework. Throu...
In The Aftermath Of The Crypto Crash NFT Platforms Are Changing Their Strategy
In a quick succession, major NFT platforms such as Foundation, SuperRare, and OpenSea have made significant changes to the way they manage their businesses. While none of the pivots has been character...
Vitalik Buterin Muses On Crypto-Skeptic Letter
ETH Price at the time of writing – $1,771.40 Buterin has recently become the unofficial moral compass He has written that he feels conflicted about the future of Ethereum in the past Ethereum pioneer ...
Bermuda Could Emerge as a Crypto Hub, Minister of Economy Says
Jason Hayward – Bermuda’s Minister of Economy and Labor – believes the island has the ability to turn into a global center of the cryptocurrency industry. On the other hand, the sector should operate ...
Jackson Palmer Says Crypto Is Parasitic Enabler of Scams
Dogecoin co-founder doesn’t believe that Web3 will be able to provide much value Dogecoin Price at the time of writing – $0.08172 Cryptocurrencies attract people because of the allure of quick gains ...
Brazilian crypto company 2TM cuts more than 80 employees
Brazil’s 2TM, a holding company for Mercado Bitcoin, the country’s biggest crypto exchange by market valuation, dismissed more than 80 employees this week. The news was first reported on June 1 by Blo...
Crypto-Friendly 401(K) Provider Sues U.S. Labor Department for Customer Rights Infringement
San Francisco-based crypto-friendly retirement plan provider ForUsAll Inc. has filed a lawsuit against the United States Department of Labor (DOL) seeking to invalidate the department’s guidance on cr...
On-Chain Metrics Suggest This Crypto Bear Market Won’t Be As Brutal as Past Cycles: Analytics Firm IntoTheBlock
Certain on-chain indicators suggest the crypto market’s current downtrend may not end up being as brutal as past bear markets, according to Lucas Outumuro, head of research at analytics firm IntoTheBl...
American Fast Food Chain Chipotle Embraces Crypto Payments in the US
The popular restaurant chain – Chipotle Mexican Grill – collaborated with Flexa to allow clients to pay their bills in cryptocurrencies. The offering is available in all nearly 3,000 company locations...
Finance Minister Says Time Still Not Right for Bitcoin Bond Launch – crypto.news
El Salvador authorities have stated once again that a suitable time for the launch of the country’s highly anticipated $1 billion Bitcoin Bond has not arrived. Salvadoran finance minister Alejandro Ze...
FTX launches licensed crypto exchange service in Japan
Crypto exchange giant FTX has launched its Japanese cryptocurrency trading service called FTX Japan, the company announced on Thursday. FTX Japan is the result of FTX’s prior acquisition of Liquid Gro...
What Are Soulbound Tokens (SBTs)? The Next Big Thing in Crypto?
Soulbound tokens (SBTs) are blockchain-based tokens that are non-transferable and can be publicly visible. Such tokens can represent credentials such as your educational certificate, birth certificate...
US Lawmakers Introduce Bill To Require Members of Congress To Disclose Crypto Holdings
Two US lawmakers have introduced a bipartisan bill that would require members of Congress to declare their crypto holdings. The Cryptocurrency Accountability Act would make it mandatory for members of...
Tech and crypto firms experienced massive layoffs in May. Here’s how bad it really is
Last month, Fortune reported that the tech industry’s 2021 hiring boom seemed to be slowing down. One month later, it’s clear that the boom is over. Amid rising inflation rates and slowing demand, tec...
Crypto: Coinbase and the Winklevoss Twins Confirm Tough Times Are Ahead
The tough time that the crypto sphere is going through is not about to go away. Judging by the recent decisions announced by the big names in the sector, it is even logical to say that what industry s...
Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms – Bitcoin News
As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On June 2, Gemini’s co-fo...
GGCM Launches Its Private Sale Connecting Crypto Investors To The Gold Market
Advertisement     GGCM, a Mongolian-based blockchain project backed by gold and other precious metals, is finally holding its long-awaited Private sale for early inves...
Dogecoin (DOGE) Co-Creator Says Web3 Has Zero Value, Warns NFTs Are a Way To Get New Suckers Into Crypto: Report
The co-creator of Dogecoin (DOGE) is reportedly dismissing the importance of Web 3.0 and non-fungible tokens (NFTs). According to a new report by the Sydney Morning Herald, Palmer says that Web 3.0, a...
Bank of Uganda finally accepts crypto in its regulatory sandbox
The Bank of Uganda (BoU) has stated that it is open to considering crypto firms into the bank’s regulatory sandbox. Blockchain Association of Uganda received the news with positivity. Mr. Andrew Kawer...
You Can’t Program Confidence In Crypto, FED Governor Warns
The crypto space has been gaining more and more attention recently. As per usual, government officials are highlighting the possible ways the new ascent class is harmful to retail investors and why th...
Top German Electronics Retailer MediaMarktSaturn Group Collaborates With Kurant To Launch Crypto ATMs
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CBDCs Will ‘Kill’ Crypto, Reserve Bank of India Governor Says
Reserve Bank of India Deputy Governor T. Rabi Sankar says with complete confidence that digital bank assets or CBDCs will ultimately pull the plug on cryptocurrencies such as Bitcoin, Ethereum, and ot...