Major cryptocurrency derivatives exchange Bitfinex has announced the launch of two new chain split tokens, ETHW and ETHS, in an effort to prepare users for all conceivable outcomes of the Merge, ETH’s...
Tag: crypto news
U.K. Law Commission Calls For Separate Crypto Regulations as Part of English Property Law – crypto.news
The U.K.’s Law Commission is mulling several reforms to the country’s law to see digital assets categorized differently. Accordingly, the English legal reform body is deliberating on whether crypto as...
Coinbase CEO Says Exchange Has Ongoing Plans to Cut Costs, Focus On Subscription Model – crypto.news
Coinbase CEO Brian Armstrong says that the company is examining where it may minimize costs as industry and economic challenges continue to arise. Coinbase to Focus on a Subscription Model Coinbase’s ...
Siam Bank Terminates Stake Acquisition Deal With Crypto Exchange Bitkub
Thailand’s oldest bank, Siam Commercial Bank (SCBX), will no longer follow through with its plans to acquire a 51% stake (over $500 million) in local crypto exchange Bitkub. Coinfomania reported last ...
Around the Block With Jefferson Nunn – Interview With Ovi Negrean of ACE – crypto.news
In the newest edition of “Around the Block With Jefferson Nunn,” Jefferson interviews Ovi Negrean. Ovi Negrean is the Co-Founder & CEO of ACE and also of SocialBee’s. Hey guys, buckle up for a new...
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...
DBS Bank Records Surge in Bitcoin Trading Amid Market Downturn – crypto.news
Singapore financial services giant DBS Bank witnessed a four-fold increase in bitcoin purchases on its digital exchange platform in June 2022, amid the cryptocurrency market-wide selloff. Institution...
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...
Fundraising Rounds Continue, Hodlnaut Reports $193 Million Shortfall, Crypto Market Uptrend – crypto.news
Projects like Ready Player Me and Mural announced successful funding rounds. Hodlnaut also just recently announced a $193 million shortfall in their balance sheets while seeking Judicial management fo...
Telegram Founder Applauds NFT-like Addresses Auctions With Plans to Explore Web3 – crypto.news
Pavel Durov, the CEO of Telegram, recently applauded a completed TON auction for their domain/wallet names. He also hinted at the integration of Web 3 properties to Telegram through domain names and o...
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 ...
If Not on the Merge, How Are Ethereum Developers Planning to Work on Spiking Gas Fees? – crypto.news
The accelerated growth of decentralized finance (DeFi) protocols has been the highlight of the crypto and blockchain space in the last couple of years. However, an influx of users on these protocols p...
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...
Coinmetro Responds to Tax Evasion Rumours, Shuts Down Worry Claims – crypto.news
As reported last week, Coinmetro’s name was in the spotlight following allegations of tax evasion, rumoured to have come from the Estonian Tax and Customs Board. The startup has now responded, refutin...
Hacker Tries to Exploit NEAR Rainbow Bridge, Ends up Losing 5 ETH – crypto.news
The Rainbow Bridge hack over the weekend resulted in funds being restored to users in 31 seconds with no harm done, although the attacker lost 5 Ethereum in the process. Hacker Loses 5 ETH in Failed A...
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. ...
Phemex Announces Contract Trading Fee Adjustments, Traders Can Now Earn More – crypto.news
Phemex crypto exchange announced trading fee adjustments as they aim to offer affordable trading fees within the crypto market. This came as the crypto market continued to be riddled with heavy transa...
Huobi Technology Obtains MSB License to Operate in Canada – crypto.news
Huobi Technology Holdings Limited will be introducing virtual holdings to the globe of traditional finance in the Canadian market. Cloud-based offerings, data center offerings, SaaS, digital asset fin...
SudoRare Vanishes From the Internet, Taking 519 ETH Worth Almost $1 Million – crypto.news
Automated market maker (AMM) SudoRare has reportedly stolen 519 ETH, worth about $985K at current market prices. Platform Removes Online Presence A member of the crypto community going by the name Sun...
AMC Crashes In Volatile Launch for New Dividend Share; APE & AMC Stocks Halted 13 Times – crypto.news
Minutes after making its debut on the New York Stock Exchange on Monday, AMC Entertainment’s (AMC) new preferred dividend was halted and lost more than 20% of its starting price. CEO Adam Aron Confirm...
NFT Interest Spikes as Companies Believe It’s a Phenomenal Revenue Stream – crypto.news
NFTs have generated millions of dollars for companies like Nike, Dolce & Gabbana, Tiffany, Gucci, and Adidas. Non-fungible tokens (NFTs) are a fascinating new source of revenue for companies. Firm...
Ronin Hackers Have Moved Some Stolen Funds From Ether to Bitcoin Network – crypto.news
The hackers continue to disperse the stolen assets using Bitcoin privacy tools to conceal their identities, despite the fact that they are suspected to be a North Korean cybercrime organization. Ronin...
The Transition to Crypto Trade in Asia Underscores the Need for Regulatory Framework – crypto.news
The International Monetary Fund (IMF) stated that although digitalizing the payment system can help people shift to more environmentally friendly payment methods and promote financial inclusion, it ca...
GitPOAP and Blockify Announce Successful Funding Rounds, Crypto Downturns Continue – crypto.news
Projects continue to announce their funding round, with Blockify and GitPOAP successfully raising funds. The crypto market continued with a downturn earlier today but appeared to recover later in the ...
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 ...
Chingari Launches Creator Cuts, the World’s First Ever Video NFT Marketplace – crypto.news
Chingari, the world’s fastest-growing on-chain social app, just announced the launch of Creator Cuts. Creator Cuts is the world’s first dedicated video NFT (v NFT) marketplace, whereby Marquee videos ...
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...
Top 5 Altcoin Projects Expected to Make Headlines in the 2nd Half of 2022? – crypto.news
It has been a rough ride in the crypto markets for the better half of 2022. January marked the top of the bull run and the onset of the bear market for bitcoin and other digital assets. A lot of panic...