In a recent interview with Bloomberg, Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), expressed deep concerns over the rampant prevalence of fraud within the cryptocurre...
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Litecoin Price Buy The Rumor, Sell The News Scenario Ahead of Halving
Litecoin price is showing a rather unexpected movement ahead of the halving event, expected later on Wednesday. Unlike Bitcoin (BTC) and Ethereum (ETH) which are slightly in the green, LTC is in the r...
SBI VCトレード、レバレッジ取引にダイ（DAI）追加
SBI VCトレードのレバレッジ取引にDAIが追加 国内暗号資産（仮想通貨）取引所SBI VCトレード提供のレバレッジ取引に、暗号資産ダイ（DAI）が追加されたことが8月2日発表された。 「ダイ（DAI）」はメーカーダオ（Maker DAO）が発行するイーサリアムベースのステーブルコイン。暗号資産を担保として米ドルにソフトペッグされている。 同サービスにおけるダイの取り扱い単位は1DAIで、呼値単...
3AC Co-Founder Kyle Davies Has Abandoned US Citizenship, No Need To Answer US Courts
Key Points: Kyle Davies, co-founder of Three Arrows Capital, said he has given up his US citizenship, so there is no need to respond to a request from a US Court. 3AC’s liquidators last month demanded...
Toyota GR Cup will award digital trophies on Polygon blockchain to race winners
The Toyota GR Cup, a North American racing series held by Toyota Gazoo Racing, recently announced it would start awarding digital trophies and record driver performances on the Polygon blockchain. Di...
Voyager Digital’s financial turmoil attracts cunning scammers
In a shocking turn of events, fraudulent actors targeted patrons of the insolvent cryptocurrency brokerage, Voyager Digital, as they briefly gained a window of opportunity to withdraw portions of thei...
GameStop to End Crypto Wallet Support Due to ‘Regulatory Uncertainty’
GameStop wallet was launched back in May 2022. Being a self-custodial Ethereum wallet, it allowed users to manage cryptocurrencies and non-fungible tokens. American video game retailer GameStop Corp (...
Bitcoin’s Crucial Resistance Level Highlighted by Top Trader
Alex Dovbnya Bitcoin is struggling to break above a crucial resistance level Jake Wujastyk, a prominent trader, recently took to Twitter to explain the all-time high anchored volume-weighted average p...
PancakeSwap Plans to Incentivize CAKE Stakers Via Trading Fee
Prominent decentralized exchange PancakeSwap announced incentives for CAKE token stakes. DEX decided to take the initiative of sharing part of the trading fee revenue with CAKE. Following the announce...
Bitcoin (BTC) Climbing Past $30K Triggers Positive Sentiments
BTC was able to rise above the psychological $30K level over the past 24 hours of trading. This attracted the attention of traders as BTC’s volume rose by more than 50% since yesterday. A noteworthy b...
Worldcoin Suffers Major Setback, Gets Kicked Out of Kenya
Worldcoin, the identity-verification crypto initiative co-founded by OpenAI’s Sam Altman, faces a significant roadblock as the Kenyan government suspends its operations. The project, known for its un...
Binance Japan opens up for Japanese residents
The residents of Japan can now be a part of the growing Web3 ecosystem. Binance has announced that it is officially extending its arm in the region by having an operational platform under its umbrella...
Binance CEO nearly closed US branch to protect global operations
New reports state that Binance’s board grappled over shutting down US operations amid growing regulatory pressure earlier in 2023. According to The Information, Binances’s CEO, Changpeng “CZ” Zhao, tr...
Thailand-Based KX Kicks Off Crypto Initiative
Image source: KX Crypto venture firm KX says it’s putting Thailand at the forefront of Web3 development with its latest investments in Magic and Transak. It says it invested in the startups earlier th...
U.S. debt downgrade sinks global markets — but economists are not concerned
Traders work on the floor of the New York Stock Exchange, June 29, 2023. Brendan McDermid | Reuters Global stock markets tumbled on Wednesday after ratings agency Fitch downgraded the United States...
Worldcoin suspended in Kenya as Europe probes crypto project
ChatGPT creator Sam Altman’s crypto project, the controversial Worldcoin, has been placed on hiatus in Kenya — where hundreds of thousands have already signed up — amid concerns by the government over...
ADA at Critical Support: Massive Move Expected
Cardano is preparing a significant move and the price is compressing above the key support. Key Support levels: $0.30 Key Resistance levels: $0.35 1. Key Support Under Pressure On Monday, the price br...
Google Launches Fund For Female Founders In Asia-Pacific, Focusing On AI Startups
Google has launched a fund dedicated to backing startups founded by women in the Asia-Pacific region, where women have long faced obstacles in getting ahead in business. The fund, called Google for St...
Worldcoin faces setback in Kenya as operations halted
Kenya has suspended Worldcoin operations in the country due to concerns about public safety and the integrity of financial transactions. The country’s Interior Cabinet Secretary, Kithure Kindiki, anno...
Isaac Lidsky of the Home Construction Collective Explores the Housing Market’s Tokenization and More
E-Crypto News’ update provides the latest articles on technology and cryptocurrencies. Now that a regulatory framework for digital assets is emerging on Capitol Hill, the focus of the industry i...
Haleon Upgrades Full-Year Sales Forecasts As Recent Trading Impresses
Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images SOPA Images/LightRocket via Getty Images Consumer healthcare colossus Haleon dropped on Wednesday despite upgrading its sal...
Crypto Council for Innovation, GC Says Terra Judge’s Opinion Doesn’t Contradict Ripple Ruling
General Counsel at Crypto Council for Innovation comments on the Terra verdict, saying Judge Rakoff’s decision in the case does not contradict Ripple’s ruling. The recent decision made by the Southern...
Polygon: The role of zkEVM in Q2’s network growth
Daily active addresses rallied on Polygon in Q2 following the launch of Polygon zkEVM. However, during the same period, the network’s transactions count trailed downwards. Layer 2 blockchain network P...
BABYDOGE Surges +6% Following 1.9 Quadrillion Baby Doge Coin Token Burn
Key highlights: Baby Doge Coin saw its price jump 6% after the project burned a whopping 1.9 quadrillion tokens from circulation – nearly half a percent of its total supply! Burning tokens help ...
Financial Giants Eye Early Dominance in Ethereum Futures ETF
The U.S SEC had earlier stated that it cannot approve a spot ETF. BlackRock’s participation, though, has given investors cause for hope. There are now six Ethereum Futures ETFs pending clearance from ...
ChatGPT Sam Altman’s Worldcoin (WLD) Struggles To Survive Government Crackdown
ChatGPT founder Sam Altman’s Worldcoin (WLD) project faces scrutiny and crackdown by government authorities worldwide. Worldcoin crypto project also struggles to find acceptance from the crypto indust...
XAU/USD looks set to test $1,935 as US employment clues loom – Confluence Detector
Gold Price bounces off three week low but stays on bear’s radar on breaking key supports, now resistances. US credit rating cut prods US Dollar bulls, puts a floor under XAU/USD price. Fears of hawkis...
Fitch downgrades US credit rating, Bitcoin peaks to $30k in stable market
Quick Take Fitch’s recent downgrade of the United States’ credit rating from AAA to AA+ on Aug.1 has led to an interesting shift in the crypto market, with Bitcoin peaking at $30,000. Fitch: (Source: ...
Sell The News? Litecoin Traders Capitulate Ahead Of Today’s Halving
On-chain data shows that Litecoin traders are showing signs of capitulation as the asset’s much-anticipated halving event is only a few hours away now. Is Litecoin Halving A Buy The Rumor, Sell The Ne...
5 factors that could send Bitcoin to $1 million
Although Bitcoin (BTC) has been moving in a largely sideways pattern for the past several weeks, some observers have noted that there was a possibility that the flagship decentralized finance (DeFi) a...
Term Labs Launches Fixed-Rate Lending Protocol on Ethereum
Term Labs today launches its fixed-rate lending protocol on Ethereum. Term Finance is a milestone towards the development of a more mature crypto market, one with rules more familiar to TradFi lenders...
Genesis Digital Assets opens three new facilities in South Carolina in US expansion
Bitcoin miner Genesis Digital Assets (GDA) announced on Aug. 1 that it has launched three new data centers in the American state of South Carolina. The facilities came online in February and March. Th...