Chinese technology giant Tencent recently secured a novel patent for a blockchain-based unknown person’s poster, according to local media outlet. Tencent Gets Approval for a Missing Person Poster on ...
Tag: crypto news
IoTeX outperforms blockchain IoT competition, is poised for increased adoption, says Messari – crypto.news
There is currently no other blockchain IoT project as encompassing as IoTeX, poised for increased adoption due to its plans to onboard new and legacy internet-of-things devices without building them, ...
Depositors Hire Lawyers to Recover $14 Million – crypto.news
Celsius Network has seen yet another set of claimants join together and hire a lawyer as the firm’s bankruptcy becomes increasingly messy and fractious. Celsius Withhold Accounts Gets Legal Representa...
Why Do Financial Experts Refer to Crypto Space as the Wild West? – crypto.news
The crypto market has been dubbed the “Wild West” of the financial world. Hordes of computer programmers have attempted to bring traditional financial products such as loans to the blockchain. Moreove...
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 ...
Ethereum Merge Still Underway as Teku Publishes Bellatrix Update – crypto.news
ETH client Teku has officially launched the required upgrade v22.8.1 for all mainnet users in order to formally get ready for Consolidation. The Bellatrix upgrade and Merge migration configuration are...
El Salvador Falling Short in Paving the Way to Mass Crypto Adoption – crypto.news
The crypto world went wild when El Salvador made Bitcoin a legal currency. However, the present crypto winter has cast doubt on the decision. Cryptos are still in their infant stages, with much potent...
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...
Web3 Proponents Hold Protests Against Tornado Cash Developer’s Arrest – crypto.news
Blockchain enthusiasts and Web3 proponents have launched a protest against the unlawful detention of Tornado Cash creator Alexey Pertsev in the Netherlands. Dozens of people participated in a peaceful...
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 ...
Crypto Market Cap Declines to $1 Trillion After BTC Loses – crypto.news
The ongoing decline in the crypto market pushes prices below their expected levels. The market briefly rose in the last few months following the crypto winter. However, these gains were short-lived, a...
Proof-of-Stake-powered Cryptocurrency COSMOS Launches on 1xBit – crypto.news
22nd August 2022, Limassol, Cyprus — COSMOS has become the latest cryptocurrency to join the 1xBit family, bringing convenience in crypto betting one step further. With speedy transactions, easy-to-us...
Around the Block with Jefferson Nunn – Interview with Paul Brody of Ernst & Young – crypto.news
Paul Brody 9:48 Yeah, so I will just sort of add, before I do that, I want to add to one of your comments you talked about sort of all the things that Ethereum Foundation is doing. We are at EY very...
Spain’s Atlético de Madrid Partners with STEPN & WhaleFin for NFT Sneakers Launch – crypto.news
Atlético de Madrid football club of Spain has announced its partnership with WhaleFin to launch 1,001 non-fungible token (NFT) sneakers on the STEPN platform. The NFT football boots come in three majo...
Hackers Steal Crypto From General Bytes Bitcoin ATMs – crypto.news
Hackers have exploited a zero-day vulnerability in the General Bytes Bitcoin ATM servers, allowing them to steal cryptocurrency from customers who purchased or deposited bitcoin through these ATMs. Ha...
South Koreans To Pay 10-50% Gift Tax On All Crypto Airdrops – crypto.news
After postponing the implementation of the tax on digital assets, the South Korean government has turned its attention to crypto airdrops. The South Korean authority has decided to impose a gift tax o...
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...
Nigeria’s Central Bank Targets 8 Million Users in CBDC Drive – crypto.news
Nigeria is seeking to double the number of users of its digital currency before the end of the year by wooing more unbanked people. The Central Bank of Nigeria (CBN) launched the e-Naira in October 20...
Australian Government Set to Conduct Crypto Mapping Exercise – crypto.news
Authorities in Australia have revealed plans to token map the country’s digital currency space, to make it easier for them to formulate regulations that would better protect consumers, as bitcoin (BTC...
WETUX ON ENHANCING ON-CHAIN CAPITAL EFFICIENCY – crypto.news
[Montreal – Canada] Crypto market has thus far welcomed various good news, especially those that concern boosting its liquidity. BlackRock with close to US$10 Trillion in assets under management has r...
Bears Are Back as Bitcoin Falls to a Key Resistance Level of $21,000 – crypto.news
Bitcoin is dramatically slipping down; it has been losing value steadily over the previous few days. The BTC price has gradually fallen below the 200-weekly moving average to a trading level (WMA). Th...
Above Phone Partners with Presearch to Enhance Privacy and Security – crypto.news
Above Phone just announced its partnership with Presearch, a decentralized search engine powered by the community. Presearch will now be the default search engine on the Above Phone. Above Phone Is W...
FDIC Issues Cease-And-Desist Order to FTX US and Other Crypto Firms Over Misleading Information – crypto.news
The United States Federal Deposit Insurance Corporation (FDIC) has handed a cease-and-desist letter to FTX and four other crypto entities over false claims on deposit insurance. As a result, FTX US, C...
5 Blockchain Games to Watch in August 2022 and Beyond – crypto.news
The rise of blockchain technology over the past decade has been dramatic. This transformative tech utility has improvised many industries including the gaming industry. Blockchain games have features ...
Uniswap Blacklists 253 Crypto Wallets Linked to Illicit Activities – crypto.news
Over the last four months, Uniswap blocked more than 250 addresses linked to various illegal activities. The information was revealed by Jordan Frankfurt, a software developer with Uniswap, who publis...
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...