Hong Kong police have arrested a man accused of stealing $191,085 from a cryptocurrency trader in what turned out to be a bogus transaction. No funds were recovered at the time of the suspect’s arrest...
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Polkadot Launches First Cross-Chain Link Between Acala & Moonbeam
Moonbeam has announced a cross-chain link with Acala using HRMP bidirectional channels that allow token transfers and native communications between the chains without any bridges. The connection uses ...
Bitcoin Price Takes Deepest Dive Since 2020, Will BTC Bounce?
Suffering the effect of the current bloodbath in the crypto market, Bitcoin’s (BTC) price on May 12 hit its lowest valuation of $26,350 since December 2020. The ongoing bearish trend has remarkable si...
Crypto Assets Are Showing Signs of Bottoming Out, Says Macro Guru Raoul Pal – Here’s Why
Macro guru Raoul Pal says the crypto market is nearing its bottom amid a downturn that’s seen Bitcoin (BTC) fall below $30,000. As the prices of crypto assets continue to plummet, the former Goldman S...
Germany outlines favorable tax guidelines, gains on BTC and ETH sold after a year tax-free
The Federal Ministry of Finance (BaFin) published a 24-page document on Tuesday outlining clear income tax rules for cryptocurrency and virtual assets. Tax practitioners, businesses and individual tax...
IRS insists destruction of taxpayer data won’t affect payers
alfexe | iStock | Getty Images Filers won’t be affected by the IRS decision to destroy data for millions of taxpayers, the agency said in a statement Thursday. The IRS tossed an estimated 30 mil...
OKX Delists Terra’s LUNA and UST Citing User Protection
In explaining the reasons for Binance’s suspension, Zhao initially tweeted that “an exponential amount of new LUNA were minted due to flaws in the design of the Terra protocol. Some of our...
The Russian Navy Keeps Exposing Its Vulnerable Support Ships To Ukrainian Attack
The Russian rescue ship ‘Vsevolod Bobrov.’ Russian navy photo When a Ukrainian navy anti-ship battery put two Neptune anti-ship missiles into the side of the Russian navy cruiser Moskva on...
XRP Declines to $0.37 as Whales Move 440.3 Million Tokens
Yuri Molchan Whales have wired close to 450 million XRP between exchanges, while the coin’s price lost 29.5% within 24 hours Contents XRP plunges 29.5%, following Bitcoin Whales shift 440 millio...
Internet Stocks Rally, China’s Weight To Increase In MSCI EM, Week In Review
China Last Night KraneShares Week in Review Asian equities saw another week of turbulent trading as the market continues to price in risks though Mainland China held up better than most markets in Asi...
Shib Price Makes A Comeback As Mysterious Whale Buys Dip Adding 1.02 Trillion Shiba Inu, Now Holds 9.8T SHIB
– Advertisement – Mysterious Whale Scooped Up Whopping 1.02 Trillion Shiba Inu (SHIB), Worth $12.34 Million; Now Holds 9.89 Trillion SHIB. Mysterious SHIB Whale gobbled up another 1.02...
YouTuber KSI reveals his $2.8 million LUNA investment ended up less than $1k losing 99.9%
The popular British YouTuber KSI, otherwise known as JJ Olatunji, is one of the celebrity owners of Terra (LUNA). KSI announced on his YouTube channel on May 11 that the value of the $2.8 million that...
Chainalysis Now Valued At $8.6B Following Fresh Funding
Blockchain analytics company, Chainalysis, announced Thursday it has raised $170 million in a Series F funding round at an $8.6 billion valuation. This means that the firm has more than doubled its va...
StockX Responds to Nike Counterfeit Claims, Accuses Sportswear Giant of Trying to Resuscitate Flagging VaultNFT Lawsuit – crypto.news
StockX has issued a terse response to Nike’s claims that the secondhand marketplace was selling counterfeit Nike products. Nike Adds Counterfeiting Claims to StockX Lawsuit In a new filing that amends...
Hockey Bets Are on Fire – Take Part in a New 1xBit Tournament
Place/Date: Limassol, Cyprus – May 12th, 2022 at 3:03 pm UTC · 3 min read Contact: Anastasia Semenova, Source: 1xBit Adding to the latest trends in Hockey, 1xBit announces its Ice on Fire tourna...
Bitcoin mining stock report: Wednesday, May 11
Following an abrupt start to the week, which saw most major bitcoin miners’ stock drop by double digits, many continued on a downward path during Wednesday’s trading session. Hive Blockcha...
FTX CEO Sam Bankman-Fried Purchased 7.6% Stake in Robinhood
7 hours ago | 2 mins read Exchange News Since it peaked at $55 soon after the IPO in July, the stock has progressively declined. For Bankman-Fried, investing in Robinhood was an “attractive investmen...
Wirex partners with Visa to offer payment and crypto services in the US
Wirex, a leading cryptocurrency platform, has secured over 150,000 registrations to its crypto app that launched in the US just over a month ago. The platform will link to a crypto-backed Visa card to...
Exchanges begin delisting LUNA, Binance explains why
The world’s largest exchange by trading volume, Binance, has delisted its trading pairs for Terra’s LUNA. The exchange announced that it had canceled all pending orders, ceased trading, closed user p...
Disney sinks despite subscriber beat as analysts mull saturation in streaming market
Disney (DIS) reported second quarter financial results after the bell on Wednesday that missed on both the top and bottom lines, although net additions for its fledging streaming platform Disney+ came...
Musk Says Twitter Deal “Temporarily on Hold” Over Spam Bots
Share this article Twitter shares tanked 18.5% in pre-market trading after Musk said that his buyout deal had been put on hold. Musk Says Twitter Deal Halted Elon Musk has said his $44 billion Twitte...
European Commission has strong reservations on crypto draft
The European Commission has strong reservations about the proposed crypto asset regulation. They cited that the draft has a few grey areas that need clarity. According to unofficial media sources, the...
El Salvador’s Bitcoin Bet Is Down Bad: $37 Million in the Hole
El Salvador’s Bitcoin bet doesn’t appear to be paying off. The value of the 2,301 Bitcoin purchased by the Latin American country has now fallen by $37 million as the price of Bitcoin drop...
Is MicroStrategy Runs Risks Getting Liquidated On Its $205 Million Silvergate Loan?
As the price of the leading cryptocurrency by market cap, Bitcoin, declined, crypto enthusiasts speculate whether Microstrategy runs the risk of getting liquidated on its $205 million Silvergate loan....
Binance Delists LUNA and UST Amid Terra Ecosystem Death Spiral
Things are not getting any better for the Terra ecosystem as Binance has now decided to delist LUNA and UST trading pairs. On May 13, Binance, the world’s largest crypto exchange by volume, posted a n...
Binance Coin (BNB) is Ready for Rally After Initiating a Recovery!
Binance is one of the largest crypto exchanges that rival market leaders like Coinbase, Gemini, and FTX. Binance decided to create an efficient blockchain to handle data management. At first, their Bi...
Zcash: “the largest network upgrade in Zcash history”
On 31 May, the long-awaited update of the Zcash blockchain will go online, described by the Electric Coin Company team as “the largest network upgrade in Zcash history”. This will take place precisely...
Prices for NFL tickets are topping pre-Covid levels, secondary market vendor says
Tom Brady (12) of the Buccaneers shakes hands with Patrick Mahomes (15) of the Chiefs after the regular season game between the Kansas City Chiefs and the Tampa Bay Buccaneers on November 29, 2020 at ...
5 Best Cryptocurrency to Buy on the Dip in May Crypto Crash
The cryptocurrency market has stabilised a little after an extremely bad week. Its total cap has risen by 8% in the past 24 hours, to $1.36 trillion. However, this represents a 23% dive in the last se...
MJF Reportedly ‘Leaning Toward’ AEW Exit, Jump To WWE In 2024
MJF re-signing with AEW is by no means a done deal. All Elite Wrestling Homegrown AEW star MJF has hinted time and time again that he could leave the company for WWE in 2024, and as it turns out, he m...
Swiss Asset Manager GAM Looks Forward To Back Terra’s UST Peg! Will LUNA Reclaim $1?
Terra, which was among the largest cryptocurrencies, has dropped below $1 crashing by almost 99% overnight and this move has wiped out 95% of investors’ wealth. The reason is the Terra blockchain’s US...
High fertilizer prices have seen this stock surge 55% since the start of 2022
Retail fertilizer prices seem to be increasing each week. As the war in Ukraine led to disruptions of supplies, the prices of fertilizers have doubled compared to the previous year. In April 2022 all...