Nubank, the largest digital bank in Brazil and Latin America, announced that it has partnered with Paxos to allow the bank’s customers to buy, sell and store cryptocurrencies directly through Nu...
Category: Crypto
Live Crypto News Updates.
Michael Saylor joyous at FASB decision to review crypto accounting rules
The Chief Executive Officer of MicroStrategy and Bitcoin maximalist Michael Saylor has expressed excitement about the U.S. Financial Accounting Standards Board (FASB) decision to review rules for cryp...
Crypto Market Continues Freefall as Bitcoin, Ethereum Tank
Key Takeaways The cryptocurrency market has experienced a sharp decline today. Bitcoin, Ethereum, and many other assets are trading deep in the red amid macroeconomic uncertainty and the ongoing Terra...
Global crypto regulatory body likely to be unveiled by next year, top official reveals
The International Organization of Securities Commissions (IOSCO) chairperson Ashley Alder has hinted that a global crypto regulation body might be unveiled by next year. Alder stated that the body’s p...
No good news for crypto investors
Crypto investors are at the point where they are wondering just how bad the current cryptocurrency market crash can be. Even bitcoin has now lost its major support and could be headed down to around 2...
SEC Chair Warns Crypto Exchanges Working Against Users’ Interest
The Chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, reiterates his criticism of the blockchain industry, saying a few crypto exchanges may be working against the users’ in...
Ether NFTs increased in value after the crypto crash
Recently, a recession was experienced in the crypto market, where significant tokens like Bitcoin and Ethereum lost over 20 percent of their value, affecting NFTs. However, cryptos are picking up, whi...
Cardano’s Hoskinson Says ‘Best-to-Market’ Crypto Could Help Avoid Economic ‘Collapse’
Charles Hoskinson wants you to “wake up.” In a Twitter broadcast on Tuesday night, the Cardano founder and Ethereum co-founder warned of a “dystopian future” brought on by hyperinflation and governmen...
Banking Giants Citi, BNY Mellon and Wells Fargo Lead $105,000,000 Raise for Crypto Infrastructure Firm
The latest major funding round for crypto trading infrastructure firm Talos is raising $105 million from investors including banking giants Citi, BNY Mellon and Wells Fargo. In a new press release, th...
Green Bay Fintech Firm Sequoir Developing Crypto Technology to Fill ‘Capability Gap’ for Banks
Sequoir, a Green Bay-based fintech company, announced on Wednesday that it is developing an offering that will enable community banks to hold cryptocurrencies and execute such trading. Justin Seidl, t...
Former Top Regulators Chris Giancarlo, Brian Brooks Invest In Crypto Risk Monitoring Startup Solidus Labs
Solidus founders from left to right: COO Chen Arad, CEO Asaf Meir, CTO Praveen Kumar Solidus Labs In 2018, struck by the Securities and Exchange Commission’s series of refusals to approve a bitcoin ET...
Win Up to 40 BTC in Bitget’s Crypto Trading Competition 2022!
If you are someone who’s confident in crypto trading skills, then look no further, join the annual King’s Cup Global Invitational (KCGI) crypto trading competition 2022! You have a chance to win up to...
Australia’s First Crypto ETFs Get a Lukewarm Reception as Markets Plunge
The inaugural cryptocurrency-focused exchange-traded funds (ETFs) have begun trading in Australia amid a wider market sell-off that could be the beginning of another prolonged crypto winter. Australia...
After UST, USDT Losing its Peg, Why This Should be a Huge Matter of Concern for Crypto Space
Just as the crypto space is experiencing the most dreadful days in its history, the said backbone ‘Tether’ also tumbles up. No doubt the USDT peg-de-peg is just a normal routine during the bull run an...
Crypto Startup WhaleFin Inks $20M Sponsorship Deal With Chelsea FC
WhaleFin, a digital asset platform owned by Amber Group, has become the official sleeve partner of England’s top flight team, Chelsea Football Club, via an annual sponsorship deal worth $20 million. T...
Binance Coin Reaches Bearish Exhaustion but Holds Above $250
May 12, 2022 at 11:40 // Price Binance Coin (BNB) price is in a downtrend as it has fallen to a low of $207 but has recovered above the $240 support. The cryptocurrency has reached bearish exhaustion ...
Bitcoin ETFs Enter Australia as Crypto Market Tanks
Australia recently released its inaugural crypto ETF (exchange-traded funds) amid a crypto meltdown. Assets including ETFs 21Shares ETH ETF, Cosmos Purpose BTC Access ETF, and ETFs 21Shares BTC ETF en...
Coinbase Positive About India Return But Will the Central Bank Soften its Crypto Stance?
Coinbase CEO Brian Armstrong revealed during the company’s Q1 earnings call that its decision to shutter its business in India was prompted by ‘informal pressure’ from the country’s central bank. Back...
UK’s State Opening of Parliament highlights crypto
In the UK’s State Opening of Parliament, the UK government outlined the legislative agenda for the next parliamentary year, with Prince Charles highlighting a bill that promised legislation on economi...
Best Stablecoin: Who Stands Tall Above The Rest In Crypto Sphere
Cryptocurrency sector has attracted almost all the folks from around the globe, no matter if it is stablecoins, metaverse coins, DeFi or anything, they were lured to space. Some saw the sector as the ...
LUNA meltdown sparks theories and told-you-sos from crypto community
No matter how hard your day is going, spare a thought for LUNA investors Wednesday. Do Kwon, CEO of Terraform Labs and 18th on Cointelegraph’s Top 100, has lost billions of dollars for their inv...
Bored Ape Yacht Club and Blue-Chip NFTs Adversely Affected in the Crypto Crash – crypto.news
As the current state of the crypto market, Blue-chip NFT collections like the Bored-Ape Yacht Club have seen sales go down. The NFT market is almost facing the tough spell that cryptocurrencies have e...
Analyst says crypto stocks performance is proof we are in bear market
Crypto analyst Caleb Franzen says that we’re currently in a bear market. The evidence of that is the performance of crypto-related equities, most of which have lost half of their value on the year-to-...
Republic Capital to Raise $700m for Two Crypto-focused Funds
Investment platform Republic is raising $700 million for two cryptocurrency-focused funds, as reported by online media outlet Axios. The funds include a $200 million flagship venture fund and a $500 m...
World’s Biggest Stablecoin Loses $1 Peg As Crypto Market Crashes
Topline The price of Tether, the world’s biggest stablecoin and a cornerstone of the cryptocurrency ecosystem, slipped away from its $1 peg on Thursday, intensifying worries amid a market-wide crash a...
Crypto Markets Could Soon Threaten Global Financial Stability
The Chairman of the Financial Stability Board (FSB) – Klaas Knot – raised concerns that the cryptocurrency sector could harm the monetary network in the future. In his view, the digital asset market i...
Unscrupulous Crypto Trader Gets 42 Months for Fraud
An Unscrupulous crypto trader who cheated more than 170 people was convicted and handed 42 months imprisonment On May 11. The Department of Justice sentenced the culprit for running a series of crypto...
Not Just Terra: ApeCoin, Avalanche, Solana, Shiba Inu All Down at Least 20% in Crypto Crash
In brief The cryptocurrency market is down 11% over the past 24 hours. Avalanche, ApeCoin, Shiba Inu, and Solana are among the coins and tokens that have experienced major losses in the past day. It’s...
Coinbase CEO Brian Armstrong Details Crypto Bankruptcy Risks if Black Swan Event Rocks Crypto Markets
Coinbase CEO Brian Armstrong is assuring investors the crypto exchange is not facing bankruptcy risks amid concerns over the firm’s latest 10-Q filing. The 10-Q form filed by Coinbase with the Securit...