Polygon Says Ethereum Merge Is “Good News” Amid Community Fear

With the highly-anticipated Ethereum Merge fast approaching, the team behind layer 2 scaling solution Polygon has asserted that Ethereum’s upcoming transition to a Proof-of-Stake (PoS) consensus mecha...

Tether Says It Will Not Freeze USDT in Sanctioned Tornado Cash Addresses

Stablecoin issuer Tether has revealed that it will not freeze USDT tokens in U.S.-sanctioned Tornado Cash addresses. The Hong Kong-based company noted that the USDT would only be frozen if the appropr...

‘Little Evidence’ Of Easing Inflation—the Fed Triggers Massive Crypto Liquidations As the Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Luna, Shiba Inu, And Dogecoin Crash

Chairman of the Federal Reserve nominee Jerome Powell Getty Images Crypto has been on one hell of a rollercoaster lately. Since the end of July, the crypto market attracted $200 billion and grew to a ...

Crypto ATM Operator Bitcoin Depot to Go Public via $885M SPAC Deal

United States-based Bitcoin ATM operator  Bitcoin Depot has disclosed its plans to go public by merging with a Special Purpose Acquisition Company (SPAC) in a deal that values the firm at around $885 ...

Sullivan Bank Partners With Bakkt to Deliver Crypto Services

American-based financial services company Sullivan Banks has entered the world of cryptocurrencies through a partnership with Bakkt Holdings, Inc, to leverage the exchange’s Crypto Connect, designed t...

Cybercriminals Stole NFTs Worth Over $100M, With 52% Processed Through Tornado Cash 

According to a recent study from the blockchain security and analytics firm Elliptic, cybercriminals stole more than $100 million worth of non-fungible tokens (NFTs) between July 2021 and July 2022.  ...

Valour Lists BNB ETP on German Stock Exchange Börse Frankfurt

Valour Inc, a fintech company that focuses on bridging traditional capital markets with decentralized finance (DeFi) through exchange-traded products (ETP), has added Binance Coin (BNB) to its list of...

U.S. DOJ Arrests Three Miami Men Over $4 Million Crypto Scam 

The United States Department of Justice (DOJ) has arrested three Miami men who were allegedly involved in a scheme to steal millions of dollars in cryptocurrencies from an undisclosed crypto exchange ...

What Are Play-to-Earn Games (P2E)?

The gaming industry is experiencing rapid growth, drawing more and more revenues every year. Between software, hardware, and intellectual property, the industry quickly gained an edge on TV, film, and...

MakerDAO Collaborates With U.S.-Based Bank, Lends Out 100M DAI

MakerDAO, a smart contract protocol built on the Ethereum network, announced on Tuesday that it is lending out 100 million DAI to the United States-based commercial bank, Huntingdon Valley Bank.  The ...

What Bear Market? Pudgy Penguins NFT Sells for 400 ETH

Someone recently sold Pudgy Penguin #6873 NFT for more than half a million dollars. The NFT is one of 8,888 digital artworks in the  Pudgy Penguin NFT collection created by freelance artist Cole There...

Nike Hits $185M in NFT Revenue, Tops Dolce & Gabbana

Popular sports brand Nike Inc. has generated $185.3 million in revenue from non-fungible token (NFT) collections. The milestone brings the company to a leading position among other traditional brands ...

Bitcoin Community Raises 52.6 BTC to Protect “Hodlonaut” from Faketoshi Claims

The Bitcoin community has contributed approximately 52.6 BTC worth around $1.1 million and $30,000 cash to support an anonymous Twitter user with the pseudonym hodlonaut in his ongoing case against se...

South Korea to Apply Gift Tax to Crypto Airdrops

South Korea has imposed a tax on cryptocurrency airdrops received by citizens. According to local reports, anyone who benefits from a crypto airdrop in South Korea is required to pay a specific amount...

Bitcoin traders hit by $210 million of long liquidations on Friday

Traders going long on bitcoin were hit by $210 million in liquidations on Friday as the crypto market dropped. It was the biggest liquidation event since June, when the market collapsed in the wake of...

U.S. FDIC Issues Cease and Desist Order to FTX US Over False Insurance Claims

The United States Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letter to FTX US over “false claims and misleading statements” concerning its insurance coverage. The regulat...

Google’s Alphabet Invested $1.5 Billion in Crypto

According to recent research by blockchain analytics firm Blockdata, Alphabet, the parent company of Google, invested a whooping sum of $1.5 billion into crypto and blockchain startups, topping the ch...

SBI Holdings to Shut Down Crypto Mining Operations in Russia

Japanese financial services giant SBI Holdings is planning to shut its crypto-mining operations in Siberia, Russia, Bloomberg reported on Friday. SBI chief financial officer (CFO) Hideyuki Katsuchi sa...

BTC Retraced to $21k as Correction Bites Harder

Bitcoin failed to record any increase over the last five days. A closer look at the charts revealed that although there were several push to the top, all failed to yield results. For example, on Monda...

South Korea to Investigate KuCoin Alongside 15 Crypto Exchanges for Unreported Operations

The South Korean Financial Services Commission (FSC) has put some cryptocurrency exchanges up for investigation under the claim that the concerned exchange companies are operating unlawfully in the co...

Noft Games Unlock Multi-Cryptocurrency Minting Solution 

Noft Games, a battling play-to-earn game powered by Binance Smart Chain, now offers users the ability to mint NFT in-game cards with BUSD, USDC, USDT, and DOGE coins, adding those to a prior existing ...

CME Group to Roll Out Ether Options Ahead of Ethereum Merge

Popular derivatives marketplace Chicago Mercantile Exchange (CME) announced Thursday that it plans to add options on Ethereum (ETH) futures trading on September 12, pending regulatory review. CME to D...

Aussie Gas Station On the Run Now Accepts Crypto Payments

The Australian convenience store and petrol station brand, On the Run (OTR), has partnered with leading crypto exchange CryptoCom and payment terminal provider DataMesh Group Pty Ltd to launch Austral...

We Could Shut Down ETH Staking Under Regulatory Threat

Brian Armstrong, CEO of the American crypto exchange Coinbase, responded on Thursday to a hypothesis raised on Twitter, where he said his company would shut down its Ethereum validator node if regulat...

“Dramatic Capitulation”—Major Crypto Turning Point Is Looming As Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Luna, Shiba Inu, And Dogecoin Turn Mixed

Bitcoin Getty Images In the wake of an impressive three-week run, the crypto market hit a pause button. In the past week, the bitcoin price retreated to $23,500 after breaking through the important $2...

U.S. Judge Rejects $27.5M Settlement Deal Against Crypto Firm Block.one

Lewis A. Kaplan, a United States Judge in the Southern District of New York, has rejected a $27.5 million settlement in an ongoing class-action lawsuit against blockchain development company Block.one...

Crypto Broker Genesis Slashes 20% of Workforce as CEO Steps Down

Crypto brokerage company Genesis has slashed 20% of its workforce as its CEO Michael Moro steps down from his role at the firm, Bloomberg reported Wednesday. The broker believes the decision will help...

Polish Zetly Creates a Revolutionary All in One Platform for Sports

Zetly is a Polish-Estonian technological startup whose main goal is to build the largest digital All in One platform for fans, sportsmen, clubs, and federations. The project initiators set the main go...

U.S. SEC Charges Dragonchain Founder for Raising $16.5M Via Unregistered ICO

The United States Securities and Exchange Commission (SEC) has charged Dragonchain Inc, Dragonchain Foundation, The Dragon Company, and their founder, John Joseph Roets for allegedly raising $16.5 mil...

XTZ Show More Signs of Recovery Peaks at $2

Tezos is one of the top gainers over the last 24 hours. The asset saw notable price increases during the previous intraday session. It closed at $1.88 with a more than 3% increase during the period un...

BlockchainCom Partners Florida International University to Drive Web3 Education

Cryptocurrency exchange and wallet provider BlockchainCom has partnered with Florida International University (FIU) to increase cryptocurrency and Web3 education. According to the company, the partner...