Metaverse technology still under construction, and a huge chunk of the population does not realize its potential. Digital Real Estate is not so different from the physical world in which we live. A L...
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Marathon Digital Being Perhaps the Only Bitcoin Miner, Doing Well
The economic downturn across the crypto market turned game for many major bitcoin miner firms. When one of the leading bitcoin mining enterprises, financial and current status reports of Maratho...
US federal employees with digital assets shouldn’t work on crypto policy, ethics office warns
Government employees who own digital assets like cryptocurrencies or stablecoins may not work on matters that could have a “direct and predictable effect” on the value of their assets, according to a ...
KeyFi CEO sues Celsius on grounds of “failing to uphold the contract” and more
Jason Stone, a DeFi entrepreneur and the CEO of KeyFi, Inc., one of the people behind the yield farming account 0xb1, is suing cryptocurrency loan company Celsius for allegedly failing to uphold its c...
The American Bankers Association Holds Resistance Against Fed Issuing a CBDC – crypto.news
The American Bankers Association, which represents banks in the U.S., is warning against the potential risks associated with the use of digital currencies. In a letter to the U.S. Department of Commer...
This Is When Bitcoin (BTC) Price Will Hit New ATH ! – Coinpedia – Fintech & Cryptocurreny News Media
One of the well-known crypto experts is of the opinion that Bitcoin will not see any new all-time high for the next two years. Kaleo, an anonymous analyst, informs his 526,200 Twitter fans that the fl...
Elon Musk Twitter Deal Stalls Over Bots Data
After announcing the takeover bid, Musk and his team requested data regarding the spam accounts on the platform. Ongoing negotiations with Twitter by Elon Musk and his team may have hit a rock, accord...
Deconstructing sidechains — The future of Web3 scalability
By far, the innovation with the most impact in the Web3 world this year is the sidechain. The highest-volume blockchain providers in the world — Binance, Polygon, Ankr and Avalanche — have all recentl...
Tether reveals how it returned funds to Celsius following liquidation
On June 15, Paolo Ardoino, CTO of Tether and Bitfinex, disclosed that Tether had liquidated a loan given to Celsius “without loss.” Tether has confirmed the liquidation process and revealed that it “r...
Elon Musk wants to terminate the $44B Twitter takeover
In an unexpected turn of events, Tesla CEO Elon Musk announced his intention to end the $44 billion Twitter deal via a letter sent to the board of the social media giant. In short, the world’s richest...
ShibDoge Replaces Shiba Inu as it Takes the Top Spot Among Top 100 ETH Whales! – Coinpedia – Fintech & Cryptocurreny News Media
The unwarned collapse of the cryptocurrency market caused a lot of tension among the crypto whales which made them seek refuge in the meme coins. In a shocking turn of events, despite recent developme...
New Lawsuit Claims Solana Is Unregistered Security — ‘Investors Have Suffered Enormous Losses’ – Altcoins Bitcoin News
A class-action lawsuit has been filed claiming that cryptocurrency solana (SOL) is an unregistered security under the Howey test. “The specific facts and circumstances relating to SOL securities suppo...
2 key Ethereum derivatives metrics suggest that $880 was ETH’s bottom
Ether (ETH) price is up 16% since July 1 and has outperformed Bitcoin (BTC) in the last 7 days. The move could be partially driven by investors clinging to their hopes that the Ethereum network transi...
Here’s What Next For XRP, MATIC, ADA and FTM! – Coinpedia – Fintech & Cryptocurreny News Media
Bitcoin’s surprising 10 percent increase, which took the largest cryptocurrency above $22,000, shocked the cryptocurrency investors. Bullish vibes continued in the cryptocurrency markets for a second ...
Ethereum [ETH]’s bearish pressure may subside in short-term, but can the bulls defend the alt in the long run?
Ethereum [ETH]’s price action has seen some significant upside in the last couple of days as FUD and bearish pressure subside. However, unforeseen risks and black swan events might extend its downside...
Bitcoin mining difficulty falls by 1.41%
The Bitcoin network mining difficulty has fallen by 1.41%, according to BTC.com. The drop follows another 2.35% dip in difficulty at the end of June. Before that, in early June, it increased by 1.29%....
5 events that could put an end to the current crypto bear market
Much to the chagrin of cryptocurrency investors across the ecosystem, the bear market has officially set in and brought with it devastating price collapses that have left relatively few unscathed. As...
Fed vice chair Brainard urges faster crypto regulation, touts role for stablecoin
Regulate now or regret it later, United States Federal Reserve Board vice chairperson Lael Brainard told an audience at a Bank of England conference in London on Friday. Crypto has the same basic risk...
UK government explores DeFi with a focus on staking and lending
Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights, a newsletter crafted to bring you some of the major developments over the last week. This past week, the De...
US diplomats call on Japan’s crypto exchanges to cut ties to Russia: Report
Officials representing the United States government have reportedly urged Japan’s licensed cryptocurrency exchanges to stop doing business with Russia, seemingly as part of the country’s economic sanc...
Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars
Those of us anxiously awaiting a summer relief rally for Bitcoin (BTC) may have to wait a little while longer. The bear market is still cleansing us of our excess — and revealing the most toxic player...
Former head of TikTok gaming leaves Web2 to build core Web3 protocol
Cointelegraph had the opportunity to chat with Jason Fung, former head of gaming at TikTok, about his new company Meta0, why he decided to make the leap into Web3 and what he feels the future has in s...
Tether liquidates Celsius position with ‘no losses’ to stablecoin issuer
Tether’s Bitcoin (BTC)-denominated loan to Celsius Network has been fully liquidated without a loss, easing concerns that the stablecoin issuer may have oversized exposure to the embattled crypto lend...
Croatian Web3 startup offers lifetime Netflix and Spotify membership via NFTs
On Friday, Web3 subscription and ticketing solution provider Revuto announced a novel subscription model for Netflix and Spotify, using a nonfungible token (NFT) solution. Revuto said it would offer a...
Hong Kong securities regulator CEO to lead UK financial watchdog
Ashley Alder, the CEO of Hong Kong’s Securities and Futures Commission, will become the next chair of the United Kingdom’s Financial Conduct Authority. In a Friday announcement, the U.K. Treasury said...
The future of KYC in crypto
Crypto and Know Your Customer (KYC) guidelines seem to be an unhappy marriage — pseudonymity in the digital currencies’ DNA doesn’t match the old-school centralized protocols of traditional finance, b...
The risks and benefits of VCs for crypto communities – Cointelegraph Magazine
Traditional venture capital funds drive valuations through multiple funding rounds. Startups aim for initial public offerings or other exits. Then the sharemarket decides upon a more realistic valuati...
Compass Mining retrenches 15% of staff, execs to take major pay-cuts
Ongoing strife in the cryptocurrency space has forced Compass Mining to lay off 15% of its employees while top executives and staff take major pay-cuts. The firm announced its decision to downscale it...
Fundraising Rounds with Tenderize and Planetarium Labs, Celsius Settles MakerDAO Debt, Aave Launching Stablecoin – crypto.news
Project funding continues with Tenderize and Planetarium Labs completing successful rounds. Celsius, the recently troubled lending platform, pays MakerDAO’s loan releasing all WBTC collateral. Aave is...
Investors Duped In Major Crypto Scam In India
Cryptocurrency has secured immense popularity across the globe. The increase in popularity of crypto, however, cannot be interpreted as increase in awareness about the same. India has been fascinated ...
Bitcoin Signals Short Term Bullishness, Move Towards $24K Next?
Bitcoin has witnessed a massive plunge from the $30,000 level to $20,000 in the month of June. Price of Bitcoin has been witnessing movement within a range of $20,000 and $21,000 respectively. The sho...
What is BNB auto-burn and how does it work?
BNB and its role in the blockchain ecosystem Binance Coin (BNB) is the Binance ecosystem’s native cryptocurrency. Launched in 2017, BNB was originally presented as an ERC-20 token on the Ethereum bloc...