As soon as the price of Bitcoin falls, here and there you can hear the prophecies that the mining industry is dying and the miners are about to turn off the equipment en masse and begin to capitulate....
Tag: crypto news
BlackRock starts offering direct Bitcoin exposure to its institutional investors – crypto.news
BlackRock, an investment firm that manages over $9 trillion of clients’ assets, has introduced a private trust that provides its institutional clients with direct exposure to spot Bitcoin. BlackRock F...
Ethereum Picks Up a Rally as the Merge Draws Closer – crypto.news
Ethereum’s current trading activities are on the high, and bulls seem to be targeting the $2,000 mark. The cryptocurrency’s bullish momentum continues to build as “The Merger” is expected to cause a m...
Bybit announces a 20-day Learn and Earn Campaign for India Traders – crypto.news
Bybit, one of the world’s active and liquid cryptocurrency exchanges with over seven million users, is launching a “Learn and Earn” campaign for Indian users beginning today, August 12, from 10 AM UTC...
Email Service Provider, MailChimp Crackdown On Account of Crypto Firms – crypto.news
Several crypto-based firms have had their accounts suspended by MailChimp, an email marketing company. Some affected firms include Decrypt and Messari. MailChimp Goes Hard on Crypto-Related Platforms ...
KuCoin Wallet Integrates 1inch to Enhance Token Swaps – crypto.news
Crypto Exchange KuCoin has partnered with the 1inch DeFi data aggregator protocol in order to offer native swaps for its users worldwide at the lowest prices available across all decentralized exchang...
OpenSea Updates Policy to Tackle NFT Fraud and Theft – crypto.news
OpenSea non-fungible tokens (NFTs) and digital collectibles marketplace has updated its policy in a bid to combat the sale of stolen NFTs on the platform. The new policy requires OpenSea users to subm...
Reddit User Calls US Sanction On Tornado Cash An Attack On ETH, Gives Solutions – crypto.news
On August 10th, a Reddit user @AllwaysBuyCheap, published a post calling the US government’s recent sanctions on Tornado Cash an attack. According to the crypto enthusiast, this sanction opens a new e...
Altcoins Experience Higher Gains as Bitcoin Is Recovering – crypto.news
Due to the high volatility that affected the cryptocurrency market, investors started to exit their positions on altcoins. Compared to bitcoin, the fall in these assets was more brutal. On the other h...
Revolut Plans to Change Paxos as Crypto Partner Later in September – crypto.news
London-based fintech firm Revolut is reportedly looking to change its current cryptocurrency service provider, with plans to support crypto deposits, withdrawals, and staking. British Neobank on the ...
Check the $LONIA Token Presale by Cardalonia – crypto.news
The main advantage of investing during presales is the lower value of tokens. By investing early, the opportunities to make a profit are enhanced since the tokens are claimed before launch, before the...
Tether (USDT) and USDC Issuer, Circle Pledge Support – crypto.news
Tether (USDT) and USD Coin (USDC) issuers have thrown their weights fully behind Ethereum transition to the proof-of-stake (PoS) consensus algorithm, as September 19, 2022, Merge date draws near, acco...
Checkout.com to Launch Crypto Payment Products Amid Bearish Market – crypto.news
Checkout.com, an international payment company, is considering launching two crypto products. These crypto products would create more ways for people to use digital currencies. In January, the company...
StarGarden to Launch on Polygon – crypto.news
The developers of the popular game Call of Duty created another game Project Eluüne: StarGarden, for the company, Arrivant. At first, Arrivant launched the game on the Solana blockchain. However, Arri...
Bitcoin Miner Cipher Mining Completes 40-MW Wind Powered Site in Texas – crypto.news
Cipher Mining has completed the deployment of mining rigs in its 40-megawatt facility in Alborz, Texas. The miner anticipates having 6.9 exahashes per second of computing power operational by early 20...
Galaxy Digital Records Increased Losses, Senate Passed Inflation Reduction Act, Crypto Market Bullish – crypto.news
Galaxy Digital recently released its quarterly report that indicates the network suffered a $554 million loss in the second quarter. In other news, the US Senate passed the inflation reduction act on ...
Samsung Inks Way for Use of NFTs on Offline Shopping – crypto.news
Samsung has employed NFTs as a pre-order incentive for its products; in South Korea, people who made an advance purchase of a Galaxy S22 or Galaxy Tab S8 tablet received a New Galaxy NFT. Additionally...
Nepal’s Central Bank Set To Issue Digital Currency – crypto.news
In recent developments, Nepal is set to make an impactful amendment to its policy on digital currencies. The proposed change would see the 2002 Act amended to allow the country’s Central Bank to creat...
ZKSpace Launching James Rodriguez Zurda NFT Collection Auction on August 15 – crypto.news
ZKSpace has announced that its James Rodriguez Zurda NFT collection public sale will go live on its dedicated digital collectibles platform ZKSea on August 15, 2022. The Zurda collection is made up of...
What is Wrapped Bitcoin (WBTC)? Explained as Simple as ABC
Wrapped Bitcoin (WBTC) is an ERC-20 token backed by bitcoin. You can exchange it for bitcoin on a ratio of one to one (1:1). An ERC-20 token, on the other hand, is a digital asset issued on the Ethere...
Polygon Links Up With Neowiz To Launch Blockchain Gaming, Intella X – crypto.news
The Polygon Network has announced a strategic partnership with the South Korea-based game developer, Neowiz, to expand blockchain gaming development. Accordingly, the new partnership will further inte...
Crypto.com Secures Two Important Regulatory Licenses in South Korea – crypto.news
Crypto.com has announced that it has successfully secured the Electronic Financial Transaction Act (EFTA) and Virtual Asset Service Provider (VASP), two important regulatory licenses that will enable ...
DEX Protocol Injective Raises $40 Million Ecosystem Development Fund
Decentralized exchange (DEX) protocol, Injective announced today it has raised $40 million in a just-concluded funding round. According to the announcement, investors in the round include Jump Crypto ...
Binance Distances Self from WazirX – crypto.news
Binance has distanced itself from embattled Indian digital assets exchange WazirX, as CEO Changpeng “CZ” Zhao has stated that Binance never completed the WazirX acquisition deal initiated in 2019, and...
Crypto Exchange Hotbit Suspends Withdrawals Over Criminal Investigations
Singapore-based cryptocurrency exchange Hotbit has suspended all activities, including deposits and withdrawals, over criminal investigations against its former employee, the company announced Wednesd...
Crypto Lending Platform Hodlnaut Suspends Services Due to Liquidity Crisis – crypto.news
Singapore-based crypto lending platform Hodlnaut has immediately halted all withdrawals, token swaps, and deposits. The company has also stopped all borrowing and lending services due to “prevailing m...
Fintech Firm DTC Awarded License by MAS to Offer Crypto Payments for Merchants – crypto.news
Singapore’s financial regulator MAS has approved Digital Treasures Center’s (DTC) proposal to provide cryptocurrency payment services to merchants around the country. Digital Treasure Center Gets the ...