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Category: Crypto
Live Crypto News Updates.
Venture funding for African crypto startups grew 11x in 2022: Report
As the African region continues to adopt crypto and blockchain, more venture funding flowed into the continent in 2022’s first quarter compared to the first quarter of 2021, according to a new report ...
Crypto Valley Venture Capital Launches African Blockchain Early-Stage Fund
Among the 12 startups CV VC has already invested in are Leading House Africa, a startup from Nigeria that will allow land registration on the blockchain, and Mazzuma, a mobile payments platform from G...
Could Crypto Be the Future for Hockey Contracts?
North Americans playing for European club teams often have to wait for their money to clear the international banking system and a new company is working to change that. As an agent who specializes in...
Layer-2 adoption could spur the next crypto turning point
A mysterious Redditor has made a data-driven prediction that the next major phase of development in the blockchain space will be in layer-2 solutions, primarily on Ethereum. The May 22 post explains t...
Middle East Crypto Exchange Coinmena Enters the Qatari Market, Regulator Says No Institution Licenced – Featured Bitcoin News
Coinmena, the Bahrain-based cryptocurrency exchange, recently announced that residents of Qatar can now buy and sell cryptocurrencies on its platform. The cryptocurrency exchange claimed it is the fir...
ECB’s Lagarde says while crypto has no worth, she would back digital euro: Politico
Former Commodity Futures Trading Commission (CFTC) head and crypto advocate Christopher Giancarlo has taken a seat as the chairman of crypto prediction platform Polymarket’s advisory board. The platfo...
Crypto Market Crash Leaves Investors Counting Losses
Over the previous two years, a boom in crypto prices minted a generation of millionaires and billionaires. Some industry executives and even regular investors acquired extraordinary wealth out of cryp...
Targeted phishing scam nets $438K in crypto and NFTs from hacked Beeple account
Digital artist and popular non-fungible token (NFT) creator Mike Winkelmann, more commonly known as Beeple, had his Twitter account hacked on Sunday, May 22 as part of a phishing scam. Harry Denley, a...
UK Financial Regulator FCA Takes Conservative Approach on Crypto Regulation
The United Kingdom’s Financial Conduct Authority (FCA) is not in a rush to add digital currencies to the list of industries or markets that fall within its jurisdiction. While all agencies are working...
LUNA Charts a Bullish Course as Crypto Markets Opens Monday With Gains
Over the past few weeks, the crypto market has been filled with one form of turmoil or the other, pushing a far bigger onslaught in the cryptocurrency ecosystem. The plunge in price across the board h...
UK financial regulator advises against rush to add crypto markets, Financial Times says
Former Commodity Futures Trading Commission (CFTC) head and crypto advocate Christopher Giancarlo has taken a seat as the chairman of crypto prediction platform Polymarket’s advisory board. The platfo...
CFTC Charges Two Men Behind $44 Million Crypto Ponzi Scheme
The United States Commodity Futures Trading Commission (CFTC) has charged two U.S. residents and their entities for running a cryptocurrency investment scheme that defrauded over 170 investors. CFTC C...
With a ‘crypto winter’ around the corner, investors should be wary of…
“How much lower is crypto going to go?” “Well, I think it’s just the beginning of crypto winter, to be very honest.” In a recent interview with Bloomberg Technology, Kavita Gupta, founder of Delta Blo...
Waning institutional demand is forcing high-yield crypto accounts to slash rates
The returns available on crypto holdings have fallen to their lowest levels in more than a year on some platforms as institutional demand to borrow recedes, diminishing one of the market’s most attrac...
Crypto Analyst Predicts Breakout for Polygon (MATIC), Says Zilliqa (ZIL) and One Low-Cap Altcoin Flashing Strength
A widely followed crypto strategist and trader is eyeing possible rallies for a trio of altcoins including Polygon (MATIC) and Zilliqa (ZIL). Crypto strategist Michaël van de Poppe tells his 602,900 T...
Can Polygon’s [MATIC] healthcare efforts breathe life into the altcoin as well
The crypto space and DLT’s use cases continue to expand every day with the technology setting foot in the corporate world, entertainment as well as food industry. Now it is venturing into the healthca...
Bill Gates doesn’t own crypto because it doesn’t ‘have valuable output,’ isn’t ‘adding to society,’ he says on Reddit
Bill Gates doesn’t own cryptocurrency because he “likes investing in things that have valuable output,” he told readers on a Thursday “ask me anything” Reddit thread. ...
BTC Reclaims $30,000 As Crypto Community Celebrates 12th Anniversary Of Bitcoin Pizza Day ⋆ ZyCrypto
Advertisement     Every year on May 22, crypto communities around the world are united in remembering perhaps one of the oddest events in the history of Bitcoin. On Ma...
‘Unicorn’ Crypto Project Ties Value To Equity In Emerging Growth Companies
The Unicorn Hunters show is like Shark Tank, only viewers can invest in emerging growth companies — … [+] also known as scale ups — if they trust a new cryptocurrency called Unicoin. getty Alex ...
So-Called ‘Pharma Bro’ Martin Shkreli Turns ‘Crypto Bro’ — ‘I Started Using Uniswap in Prison’ – Bitcoin News
Following his release from prison, the former hedge fund manager and convicted felon, Martin Shkreli, discussed cryptocurrencies and using the decentralized exchange (dex) platform Uniswap from a fede...
G7 Leaders Urge for Swift Regulation of Crypto Assets in Latest Meeting: Report
Financial leaders from the Group of Seven (G7) leading economies are reportedly calling for the comprehensive regulation of digital assets. Reuters reports that a draft communique signed by finance mi...
CoinSwitch Crypto App wants “Calm, Certainty”
CoinSwitch’s chief executive officer, Ashish Singhal, stated that India has to adopt rules on digital coins. The CEO believes that adopting rules will be vital in removing regulatory uncertainty. Besi...
What is total value locked (TVL) in crypto and why does it matter?
In 2022, Ethereum appeared as the largest network by DeFi TVL, accounting for over half of the total DeFi volume worldwide. To give some perspective, the Ethereum DeFi network includes just under 500 ...
Fidelity Lets Customers Fund Their 401Ks with Crypto, but Not Everyone’s Happy
Not long ago, Fidelity Investments announced that customers would be able to invest in crypto like bitcoin through their 401Ks and retirement accounts. In addition, several businesses offering 401Ks t...
What is Seaport OpenSea? Will this update boost the entire crypto market?
While the crypto market struggles to find any positive news, OpenSea just threw a major announcement. This new update is set to revamp the way NFTs are traded. It’s been a while since the crypto marke...
Crypto Mining Farm Uncovered in Russia’s Oldest Prison – Mining Bitcoin News
Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to mint digital coins with th...
Revisiting Elon Musk’s Support For Crypto Over Fiat Tweet Dated a Year Back
53 seconds ago | 2 mins read Editors News Tesla said in an SEC filing that it thinks crypto assets have a long-term future. Tesla has about $1.3 billion in bitcoin on hand as of February. Elon Musk ha...
Crypto Research Firm Delphi Digital Admits to “Significant” Losses During Terra Crash
Delphi Digital, a U.S.-based crypto research and investment company, said it lost a “significant” amount of funds to the infamous Terra crash earlier this month. The firm shared a detailed report exp...
Crypto Carnage To Have Minimal Impact on US Consumers, According to Goldman Sachs: Report
Banking giant Goldman Sachs is reportedly saying that the most recent crypto market crash had next to no impact on the financial well-being of US consumers. According to a new report by Bloomberg, eco...
Bitcoin And Retirement: U.S. House Bill To Include Crypto On 401(K) Plans
United States Rep. Byron Donalds has initiated a bill to the U.S. House of Representatives seeking to incorporate Bitcoin into every American home’s 401(K) retirement plans. It’s a novel and bold move...