Russia is no longer able to pay bondholders through US banks Speculation has it that Russia is about to default on its foreign debt The Russian government is ...
Category: Crypto
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Huobi Global: Providing profit opportunities during a crypto winter
Since the crash of algorithmic stablecoin LUNA in early May, the crypto market has seen over US$45 billion lost in value, shattering the dreams of thousands of investors, some of who invested their li...
Bermuda banks on clear regulatory framework to attract more crypto firms
Amidst the current volatility in the cryptocurrency market, Bermuda is banking on its clarity surrounding digital asset legislation to attract more crypto projects and companies. Bermuda is one of the...
Bitcoin $30K Resilience Amid Crypto Meltdown and Stablecoin Crash Shows its Brilliant Architecture – PayBito CEO
Despite Bitcoin’s slashed valuation in the past few months, the leading cryptocurrency has steadily held the $30,000 level because of its unique decentralized proof-of-work (PoW) mechanism, according ...
VC Fund Canonical Crypto Raises $20 Million in First Funding Round from a16z and Others
Canonical kept its fund size small following the officials’ decision to concentrate on pre-seed and seed investments. Canonical Crypto raised around $20 million in its first funding round to join the ...
Exclusive: B2Broker Now Supports 150 Crypto CFD Pairs
B2Broker is proud to announce the expansion of its cryptocurrency offering with the addition of new symbols. This brings the total number of cryptocurrency CFD pairs available on the platform to an im...
New York Attorney General Bashes Crypto As The State Bans Mining
New York Attorney General Letitia James recently warned investors against trading crypto, amid recent volatility in the space. James’ comments came shortly before the New York Senate voted in favor of...
Crypto Analysts Predict Bitcoin (BTC) Wouldn’t See Long-Lasting Upward Trend In 2022
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Major crypto firms reportedly cut up to 10% of staff amid bear market
Gemini, a cryptocurrency trading platform founded by brothers Cameron and Tyler Winklevoss, is the latest industry firm to lay off a significant part of its staff due to unfavorable market conditions....
Crypto Firms, Especially Exchanges, Slash Jobs as Market Rout Continues
Going forward, crypto companies with valid use cases and utility are the ones that will best survive, according to Nicholas Strange, founder of Seattle-based hiring firm Crypto Talent. Many crypto fir...
Leading German Electronics Retailer Launches Crypto ATMs
Gamza Khanzadaev German electronics retailer Media-Saturn installs Bitcoin ATMs in its stores The MediaMarktSaturn Group announced in its press release yesterday, June 1, 2022, that since the beginnin...
US Banking Regulator Issues Crypto Warning, Says Terra (LUNA) Collapse Exposed Three Industry ‘Fragilities’
The head of the Office of the Comptroller of the Currency (OCC) is reiterating the risks of investing in crypto assets following the Terra (LUNA) collapse. In a new interview on Yahoo Finance Live, OC...
Crypto trading expert outlines crucial level Bitcoin needs to flip for bullish continuation
As most of the cryptocurrency market starts to turn green once again after a prolonged bearish period, its flagship asset – Bitcoin (BTC) – is recovering as well, with investors and traders carefully ...
Post the Terra UST fiasco, here’s how Japan plans to protect crypto investors
The crypto market underwent a massive correction period, the aftereffects even experienced till today. The largest decentralized stablecoin on the market (once upon a time), UST, faced a total collaps...
Japan approves stablecoin law to ensure protection for crypto investors
Stablecoins are digital currencies linked to an underlying asset, such as fiat money, gold, or other assets. They help to maintain price stability by linking to external assets such as fiat currency. ...
A16z and Coinbase execs back new crypto VC fund Canonical
New venture capital firm Canonical Crypto has officially launched with its inaugural $20 million fund, joining a series of crypto funds raised in recent weeks. Canonical Crypto’s backers include...
Do We Need More Crypto Regulations?
The European Parliament’s Committee on Economic and Monetary Affairs recently approved a draft of its comprehensive Markets in Crypto Assets, or MiCA, crypto regulation package. The new framework cove...
Korea Blockchain Week Declares MarketAcross as Official Media Partner – crypto.news
MarketAcross, a Tel Aviv, Israel-based leading blockchain PR and marketing firm has been declared as the official global media partner for the Korea Blockchain Week (KBW), Asia’s flagship blockchain e...
Does Elon Musk’s Economic Warning Spell More Trouble For Crypto?
Tesla CEO Elon Musk expects more economic trouble in the coming months, likely pointing to a negative trend for crypto markets. Musk said he has a “super bad feeling” about the economy in an internal ...
Sunacrip: The Venezuelan crypto watchdog tightens control
Latin American countries were on the lead during the expansion period of crypto. Now, they have also begun to adopt policies to protect their public from negative impacts of recession. The latest news...
Mass layoffs at major Middle Eastern crypto exchange due to market sell-off
Although the global cryptocurrency market is starting to recover, its prolonged bearish periods are still taking their toll on some crypto firms, including one of the largest crypto exchanges in the M...
Confusion between lawmakers and crypto regulators
This is not a new issue, but it is made topical by the flurry of statements and stances of important names in institutional finance, which followed the tsunami that swept through the Terra – LUNA ecos...
Crypto.com earns provisional license in the UAE 1
Crypto.com has announced that it has earned a license of operation in the United Arab Emirates by the regulatory authority overseeing virtual assets in Dubai. With the new license, the crypto exchange...
White House Heightens Scrutiny on Crypto Miner’s Energy Consumption
The Biden Administration is making detailed preparations for policy recommendations to lower crypto mining’s energy usage and emissions footprint. The move marks the government’s further entry t...
Chelsea Manning wants to take crypto back to its cyberpunk roots
Chelsea Manning thinks there’s a problem with crypto. In a world where celebrities are coughing up more than half a million dollars for a jpeg of a cartoon ape, Manning says that the sector has “uneq...
KenGen seeks Bitcoin miners as crypto adoption in Kenya blossom
KenGen, Kenya’s state-owned power company, has put out a call to Bitcoin miners. The utility company has now issued an open invitation to Bitcoin miners to come set up operations in Kenya and help it ...
Global Bitcoin Awareness on the Rise but more Education still Needed – crypto.news
A research report put together by Block Inc. and Wakefield Research shows a vast majority of individuals around the world have heard about bitcoin (BTC) and a few altcoins, but many still do not under...
MyFunding.Network: Your Key to Lucrative Crypto Trading on BSC
Many try to make a return on crypto by buying and selling crypto – also known as “trading.” This means an investor is prepared to purchase a cryptocurrency with the mindset that its price will hopeful...
What happened to PayPal Coin?
What happened to PayPal Coin? The payments giant’s long-rumored dollar-pegged stablecoin has yet to see its official launch. PayPal Coin: the payments giant’s stablecoin is still not live There seems...