South Africa-based H20 Securities has reportedly raised $150 million from the GEM Digital investment firm through the sale of the H20N token. By investing such a tremendous amount, GEM Digital will ho...
Category: Crypto
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3AC’s Crypto Is Still on the Move After Liquidation and Bankruptcy Filing
Alex Dovbnya Troubled crypto hedge fund 3AC has moved tens of millions of dollars to Kucoin Embattled cryptocurrency hedge fund Three Arrows Capital has transferred tens of millions of dollars worth o...
Crypto.com provides effortless crypto price tracking alternative
Cryptocurrencies and blockchain technology have certainly dominated the news over the last two years. The recent downtrend is not stopping countless crypto enthusiasts from riding the rising waves of ...
Cardano’s Vasil Hard Fork Goes Live on Testnet – crypto.news
Cardano (ADA) has completed a hard fork of its testnet in preparation for the planned Vasil upgrade. The new development offers increased scalability and enhanced network performance. Cardano’s Vasil ...
Central African Republic Launches National Crypto Hub Project Sango
The Central African Republic (CAR) has doubled down on its plans to embrace the technology underpinning Bitcoin (BTC) with the recent launch of Project Sango, a National crypto hub. Having been teased...
Indian Crypto Exchanges See Volumes Plummeting 80% Since July 1 Due to New Tax Rules
Effective July 1, the Indian government has started levying a 1% tax at the source (TDS) for trading cryptocurrencies. Just in the last five days, volumes at three major cryptocurrencies – ZebPay, Waz...
WonderFi Completes $30m Acquisition of Canadian Crypto Platform Coinberry
Crypto marketplace WonderFi has completed the $30 million acquisition of Canadian crypto trading platform Coinberry. The acquisition was closed after being admitted to trading on the Toronto Stock Exc...
Binance Coin price analysis: BNB breaks past $230 as bulls charge towards $250
TL;DR Breakdown Binance Coin price analysis suggests upwards movement to $250 The closest support level lies at $220 BNB faces resistance at the $233.9 mark The Binance Coin price analysis shows that ...
Here’s how utility tokens can drive crypto adoption higher
TaschaLabs’ founder Tascha recently reminded the community about the potential of utility tokens and said they could emerge during the bear market and power crypto adoption further. She said: “Real bu...
Crypto community eyeing three macro events to tip crypto scales in July
The crypto community is looking into three key dates this month that could profoundly impact the trajectory of the crypto market and the wider United States macroeconomic environment this year. On Ju...
Mobile Stream Inks Massive Partnership With Mexican Football Club – crypto.news
The Pumas football club, one of Mexico’s iconic football teams, has chosen Mobile Streams (MOS) as the sole global creator and supplier of NFT under a significant five-year agreement. The football tea...
Roskomnadzor Blocks Major Crypto News Website
Bits.media became unavailable to most of its readers in Russia this week The block results from a ruling by the Volzhsky District Court of the city of Saratov Roskomnadzor blacklisted five websi...
Beauty App Meitu’s Crypto Holdings Evaporated Up to $50m in H1
Meitu, a Hong Kong-listed (3152.HK) beauty app company known for its AI-driven photo-editing and video-sharing solutions, recorded a net loss between $41.1 million and $52.3 million in the first half ...
Voyager Shares Drop 34% As Crypto Lending Platform Suspends Transaction
Voyager Digital, a provider of digital currency trading services, saw its shares plunge 34% on Tuesday after the company said it was limiting some of its services due to “unprecedented” market conditi...
Beauty App Meitu’s Crypto Holdings Evaporated Up to $52.3m in H1
Meitu, a Hong Kong-listed (3152.HK) beauty app company known for its AI-driven photo-editing and video-sharing solutions, recorded a net loss between $41.1 million and $52.3 million in the first half ...
Indian crypto trading volumes slump following hefty taxes
Trading volume on three major Indian crypto exchanges plummeted 72.5% on average since July 1, when a 1% tax per transaction was enforced in the country. The Tax Deducted at Source (TDS) came into eff...
Nvidia Sees Crypto Mining Demand Cooling, Semiconductor Companies Slash Earnings Forecasts
The crypto bear market and declining demand for crypto mining chips have caused semiconductor companies to batten down the hatches. Bank of America analysts say that semiconductor downturns happen eve...
India’s 1% tax has dealt a heavy blow to crypto trading volumes
The trading volumes on Indian cryptocurrency exchanges have come under added pressure from the 1% tax that came into effect on July 1. The trading volumes have been on a downward slope ever since Indi...
Ukrainian Crypto Exchange Explains Growth Amidst Invasion
War and crypto are the biggest stories coming out of Ukraine. Viktor Kochetov, CEO of crypto exchange Kyrrex tells us how he not only has kept his financial ecosystem afloat, but has grown it while i...
Singapore To Consider New Crypto Rules To Safeguard Users From Crypto Blowups – Coinpedia – Fintech & Cryptocurreny News Media
Singapore might consider new rules and regulations to protect consumers amid the cryptocurrency market crash and sell-off that resulted in a string of dramatic incidents involving high-profile crypto ...
Advice from Vitalik Buterin for crypto investment
The mother of Vitalik Buterin, a co-founder of Ethereum, has provided guidance for anyone wishing to be successful in the cryptocurrency sector. Buterin’s mother Natalia Ameline discussed the cryptocu...
Russia Plans Allowing Mining If Mined Crypto Sold Abroad
23 seconds ago | 2 mins read Bitcoin News According to Pronin, the CBR would not be responsible for mining. According to the governor, Russia should not allow exchanges of digital currencies. Crypto m...
Legislators Need to Cooperate with Crypto Businesses
Regulation: Government regulatory agencies mostly remain skeptical about the crypto sector’s ability to efficiently regulate itself, says Justin Hartzman, CEO and Co-Founder of CoinSmart. Regulators a...
Decrease in demand for crypto mining rigs affected GPU prices
Data shows GPU prices have continuing to travel down recently as Ethereum mining profits are observant of a decline. Knowledge from the technical school outlet Tom’s Hardware suggests graphics cards p...
VCs Invested Over $3B in Crypto Projects Last Month Despite Bear Market: Report
Despite the downturn in the crypto market, venture capital (VC) firms have not lost interest in the sector and have continued to pour money into crypto projects. According to a VC monthly report by Wu...
Vauld Crypto Trading and Lending Firm Suspends Withdrawals – crypto.news
Vauld has announced the suspension of fund withdrawals, deposits, and all trading activities on its platform. The firm says the crypto market downturn has brought serious financial challenges upon it ...
American Romantics Lose Nearly $200 Million to Crypto Scammers
Crypto scammers have Americans in their crosshairs as they continue to experiment with different types of scams. And a new report shows those in search of love have become the latest to fall victim. A...
Crypto To Work in the Long Run- CEO of ARK Invest management (Cathie Wood)
CEO of ARK Invest Cathie Wood marked that crypto to work in long run. ARK Invest management holds stake in tech giants company. ARK Invest is a traded-funded management company...
Brazil Creates Crypto-Dedicated Investigation Unit – News Bitcoin News
The public prosecution of the Federal District, located in the center-west region of Brazil, has launched its own cryptocurrency investigation unit. The newly formed unit will focus its activities on ...
ECB officials prepare for ‘harmonization’ of crypto regulations: Report
The European Central Bank, or ECB, will reportedly be preparing to implement a new law by warning European Union member states about the necessity of harmonizing regulations for crypto. According to a...