Blockchain focussed company Aptos Labs announced Monday that it had secured $150 million in funding to build cutting-edge technologies to improve blockchain and web3 experience for developers, the com...
Tag: Altcoin
Fidelity Sees Strong Demand for Bitcoin in 401(k)
A few months after Fidelity Investments integrated digital asset accounts (DAA) to its 401(K) retirement savings accounts, enabling employees to add bitcoin (BTC) to their accounts, the leading financ...
What Does It Mean to Be a DAO Contributor? How to Become One?
What does it mean to be a DAO Contributor? How to become one? The new trend that is already gaining fire after the Defi, Meme coins and NFTs is the DAOs or the decentralized autonomous organization. D...
Michael van de Poppe says ‘Altcoin Market Cap at a Break-Point, Ethereum Price to Gear Up in September’
The crypto space after a stable week appears to have fallen into the bearish well as Bitcoin prices are struggling to maintain $22,000 levels. On the other hand, the altcoins also opted to trade withi...
KuCoin CEO Denies $500M Insolvency Claim by Whistleblower
Following the recent crypto market crash that led to the collapse of several crypto-focused projects such as Terra Network and Three Arrows Capital (3AC), Crypto Twitter has been filled with circulati...
UK Prosecutor Convicts Four for $25.2M Crypto Fraud
Four men have been convicted for fraudulently obtaining and laundering crypto assets worth 21 million pounds ($25.2 million) from an Australian crypto exchange. Four Convicted for $25.2M Crypto Fraud ...
Voyager Customers Can Now Withdraw Assets as FTX Provides Redemption
Leading American cryptocurrency exchange FTX announced a joint proposal with venture capital firm Alameda Ventures Ltd and West Realm Shires Inc., operator of the FTX U.S., to offer early liquidity to...
Overlooked DeFi Altcoin Skyrockets Over 720% in a Week Ahead of Project’s Anticipated New Update
An altcoin from the decentralized finance (DeFi) sector has outperformed the entire crypto market by a large margin over the past seven days as the project gears up for its next phase. BarnBridge (BON...
California Plans to Accept Bitcoin for Political Campaign Donations
California has finally lifted its ban on sending and receiving donations in cryptocurrencies for political campaigns, leaving the likes of Arkansas and North Carolina. According to a Los Angeles Time...
American Film Producer Pleads Guilty to $2.5M FLiK and CoinSpark ICO Fraud
The United States Department of Justice (DOJ) disclosed on Thursday that Ryan Felton, a 48-year-old film producer, pleaded guilty to the promotion of two fraudulent cryptocurrency schemes that led to ...
NFT Marketplace Magic Eden Reports $801M Trades in Q1 and Q2
Leading Solana-based NFT market Magic Eden has recorded a total of over 5.5 million trades worth over $801 million on its platform from January to June 2022. Magic Eden Records $801M in Trade Volume ...
Top Ethereum Altcoin Project Appears Ready for Major Rally, According to Crypto Analyst Michaël van de Poppe
A widely followed crypto analyst says one blockchain oracle built on Ethereum (ETH) is poised for a bullish flip. Trader Michaël van de Poppe tells his 618,300 Twitter followers that Chainlink (LINK) ...
Three Proven Crypto Trading Strategies To Use in 2022
Cryptocurrencies are becoming more and more popular every day. As the value of Bitcoin and other crypto assets continues to rise, more and more people are getting interested in trading them. If you’r...
Former Coinbase Manager Indicted in First Crypto Insider Trading Scheme
The United States Department of Justice (DOJ) announced today the indictment of Ishan Wahi, a former Coinbase product manager, his brother Nikhil Wahi, and a friend Sameer Ramani. The trio was charged...
Cake DeFi Partners with Razer Silver to Offer Gamers Bitcoin (BTC) and Altcoin Rewards – crypto.news
Cake DeFi has announced its global partnership with gaming giant, Razer Silver. The alliance will make it possible for Razer Silver gamers to convert their in-game points to Cake DeFi vouchers redeema...
Zipmex Confirms $53M Exposure to Celsius and Babel Finance
Singapore-based crypto exchange Zipmex declared on Thursday that it has a total of $53 million worth of funds in exposure to crypto lenders Celsius Network and Babel Finance. The latest development co...
BlockFi Discloses $600M “Credit Risk” Amid Turmoil
Cryptocurrency lending startup BlockFi has provided further insights regarding its financial position. According to a quarterly update published on Thursday, the platform faced a $600 million credit r...
What is SHI Stablecoin by Shiba Inu? What We Know (So Far)
Popular memecoin project Shiba Inu (SHIB) is dreaming big. The project’s developers recently announced the upcoming release of the Shi stablecoin. Like most stablecoins, the Shi stablecoin will be peg...
SEC Working to Register Crypto Lending Providers Under Securities Laws
The United States Securities and Exchange Commission (SEC) is working to register crypto lending firms under regulatory purview if they operate like investment companies, according to SEC chair Gary G...
Liquidators Recover Only $40M of Reported $2.8B Owed by Three Arrows Capital
Liquidators of now-bankrupt crypto hedge fund Three Arrows Capital (3AC) have recovered assets worth around $40 million from the company, Bloomberg reported on Thursday. The figure represents only a s...
Finland Generates $47.5 Million From Sales of Confisticated Bitcoin
Finland has sold off 1,889.1 bitcoins worth around 46.5 million euros ($47.5 million) amidst market turmoil, Bloomberg reported on Thursday. The liquidated crypto assets were seized by the Finnish Cus...
South Korean Government Postpones 20% Taxation on Crypto Assets Till 2025
The South Korean government announced Thursday the suspension of the 20% tax imposed on crypto incomes set within the limit of 2.5 million won ($1,942.20) till January 2025, citing “the lack of an inv...
Crypto Exchange KuCoin Secures $10 Million Strategic Investment From SIG
Popular cryptocurrency exchange KuCoin announced Thursday that it had signed a partnership with Susquehanna International Group (SIG), a leading global quantitative trading company. KuCoin Secures $1...
Electric Car Maker Tesla Dumped $936 Million Worth of Bitcoins in Q2
The world’s largest electric car manufacturer, Tesla Inc., on Wednesday, released its second quarter (Q2) financial earnings report revealing the sale of 75% of its total bitcoin worth billions of dol...
South Korean Prosecutors Raid Upbit and Other Local Crypto Exchanges Over Terra’s Crash
A group of investigators from the Seoul Southern District Prosecutors Office raided local crypto exchanges on Wednesday in an ongoing investigation into the infamous Terra Luna crash, Yonhap News Agen...
Crypto Exchange FTX Reportedly Plans to Raise Fresh Funds After Acquisition Spree
Sam Bankman-Fried’s cryptocurrency exchange FTX is planning to raise fresh funds after its recent acquisition spree amidst the crypto bear market, Bloomberg reported Wednesday, citing people familiar ...
Crypto Exchange Zipmex Suspends Withdrawals Amid Crypto Winter
Singapore-based crypto exchange Zipmex has just announced a pause in the withdrawals of users’ funds till further notice. Zipmex Halts Withdrawals The company noted in the announcement that the move w...
Polygon Rolls Out Ethereum-Equivalent Zero-Knowledge Scaling Solution
Polygon, a leading Ethereum blockchain scaling solution and web3 infrastructure, announced Wednesday the launch of its Zero-Knowledge Ethereum Virtual Machine (Polygon zkEVM). According to the offici...
Shiba Inu (SHIB) Now Top Held Altcoin By Top 100 ETH Whales After Gaining 11% in 24 Hours
– Advertisement – Shiba Inu (SHIB) rose 11 percent in the last 24 hours and 24 percent in the past seven days. In the middle of this crypto-crash environment and the very volatile crypto...
Celsius Had Internal Issues Years Ahead of Bankruptcy, Former Employees Reveal
According to former employees of Celsius and internal documents reviewed by CNBC, the cryptocurrency lending company had internal issues years ahead of its bankruptcy filing. Celsius Allegedly Had Int...