Terra Luna collapse, crypto prices dpa/picture alliance via Getty Images The crypto market is wrapping up July on a high note. In the past 24 hours, the bitcoin price jumped 7.8% to $22,900 and ethere...
Tag: bitcoin price
U.S. Senator Pat Toomey Blames SEC for Crypto Lending Products Fallout
U.S. senator Pat Toomey recently wrote a letter to Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), concerning the Commission’s approach to regulations governing companies t...
Unstoppable Domains Raises $65M in Series A Funding at $1B Valuation
San Francisco-based blockchain company Unstoppable Domains on Wednesday announced a $65 million raise in a Series A funding round. The latest funding has now brought the firm to a $1 billion valuation...
Cathie Wood’s Ark Invest Sells $75M Worth of Coinbase Stock
Cathie Wood’s Ark Investment Management, through its flagship products – ARK Innovation ETF, ARK Next Generation Internet ETF, and Fintech Innovation – dumped a total of 1.41 million (Worth approx. $...
Crypto Investing vs Forex Trading (Explained)
Crypto and Forex (foreign currency exchange) are unique investments with different prospects. Discover the potential of both financial assets and how to benefit from them. How Does Crypto Investing Wo...
Venture Capital Firms Have Invested $17.5B in Crypto Startups This Year
Considering the potential that crypto startups have and the significant returns that could be derived from investing in them, venture capitalists have continued to invest billions of dollars into smal...
Rowan Energy’s Low-Carbon Blockchain Will Boost Crypto Adoption
As many of you might have read recently, there is a lot of noise in the press about how blockchain is energy heavy and, therefore, carbon-rich in its design. Many publications have reported in recent ...
Polygon Network Records $284M in Transactions in Q2
Polygon, a popular Ethereum layer-2 solution, has just shared its report for the second quarter (Q2) of 2022, revealing that the network attained a transaction peak of $284 million from April to June....
Crypto Flexibility Helping “Save Ukrainian Soldiers’ Lives,” Says Deputy Minister
Ukraine’s Deputy Minister for Digital Transformation, Alex Bornyakov, revealed in a Tuesday tweet that the flexibility of cryptocurrencies is helping to save the lives of Ukrainian soldiers in the cou...
BTC Continues its Struggle Below $21k
An almost perfect start to the previous week saw Bitcoin surge from $20k to as high as $22k. The uptrend continued until the second day of the week as the top coin attempted $24k but failed as it met ...
Anatoly Yakovenko Hints on Solana “Mainnet-Beta” Exit
Solana Labs co-founder Anatoly Yakovenko believes the layer-1 blockchain is firmly on track to exit its “Beta” phase, noting on Twitter that the outcome “feels more in sight now than ever before.” Yak...
Ethereum Network Surpasses 200M Addresses Milestone
The Ethereum network has hit a new milestone in terms of created user addresses. Recent data from Etherscan, a block explorer and analytics platform for Ethereum, shows that there are currently over 2...
Voyager Rejects FTX Proposal to Offer Early Liquidity to Its Customers
Beleaguered crypto brokerage firm Voyager Digital has rejected a joint offer proposed by crypto exchange FTX to provide its customers with early liquidity, calling it “a low-ball bid dressed up as a w...
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...
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...
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 ...
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...
‘Amazon Of Crypto’—Former Blackrock Exec Predicts Everyone Will Hold This Crypto As Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Luna, And Dogecoin Soar
After last month’s rout, crypto is on the rebound. Over the past week, the price of bitcoin soared 12.1% and the ethereum price jumped 35.5%. XRPXRP is up 8%, cardano 14.6%, dogecoin 11.8%, BNBBNB 13....
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...