Peter McCormack to Pay Only £1 in Damages in Lawsuit Against Faketoshi

A U..K. judge has ordered popular crypto podcaster Peter McCormack to pay £1 (US$1.23) in nominal damages to self-proclaimed Bitcoin creator Craig S. Wright. McCormack to Pay £1 in Nominal Damages In ...

Luxury Brand Tiffany & Co. Unveils Cryptopunk NFT-Themed Jewelry – crypto.news

Tiffany & Co. has announced the launch of its handcrafted bespoke pendants exclusive to CryptoPunks NFT holders, in what it calls the NFTiff collection. The NFT necklaces will go on sale on August...

Socios Acquires 25% Stake in Barcelona Studios for $100M

Socios, a leading blockchain fan token and engagement company, has acquired a 24.5% stake worth $100 million from Barcelona’s audiovisual studio dubbed Barca Studios to bolster the club’s financial re...

Top Ethereum Miner Push For Proof-of-Work Protocol As Countdown To The Merge Approaches – crypto.news

Chandler Guo, a key crypto miner and investor on the Ethereum network, wants to fork Ethereum as the network plans to shift to the Proof-of-Stake (PoS) protocol. The aim is to allow miners to continue...

‘Sirius’ Token Launches on Bittrex, Unlocks Liquidity Baking on Tezos

Today, one of the most popular digital exchanges in the world, Bittrex Global, announced that the exchange is now offering the Sirius token ($SIRS), native token to the Tezos ecosystem a token that em...

U.S. SEC Charges Forsage Founders for $300M Crypto Pyramid Scheme

The United States Securities and Exchange Commission (SEC) announced Monday that it had filed charges against four individuals alleged to be the founders of Forsage. The securities market regulator al...

U.K.’s FCA Introduces Stricter Guidelines To Combat Misleading Crypto Ads – crypto.news

The United Kingdom’s financial watchdog, the Financial Conduct Authority (FCA), is on the verge of tightening its stranglehold against misleading advertisements in the crypto space.  According to a pr...

Bitget Crypto Derivatives Trading Platform Launches $200 Million Protection Fund  – crypto.news

Bitget cryptocurrency derivatives trading venue has launched a $200 million fund designed to protect its users against unforeseen circumstances such as bitcoin (BTC) price crashes, hacks & thefts,...

Poloniex Partners with Octaloop for India Blockchain Tour – crypto.news

Octaloop is proud to announce global crypto asset exchange Poloniex as our partner for the India Blockchain Tour and Metamorphosis 2022. The India Blockchain Tour is a series of events conducted by Oc...

Bitcoin May Close With Gains For the First Time in Four Months

Bitcoin is enjoying notable price increases as at the time of writing. It peaked at $24,676 which means it was heading for the $25k resistance but stopped in its tracks. This is one of the many times ...

MTV VMAs New Metaverse Focused Award Category, Web3 Alliance, and Other News – crypto.news

The MTV VMA added a new category focused on metaverse performances. Web3 platforms collaborate to create the Metaverse open alliance. Meanwhile, football club Crawley Town completed an NFT vote, while...

KuCoin to Become the First CEX to Develop a NFT ETF for Blue Chip NFT Trades – crypto.news

On July 29, Kucoin, a digital asset exchange, announced its campaign to launch a NFT ETF. The offer will enable millions of users worldwide to purchase NFTs by lowering the assets’ price threshold.  I...

Legal Battles Continue while Data Breach hits Celsius – crypto.news

Over a month since Celsius network problems began, the network has faced many issues. The network continues to suffer from legal battles, bankruptcy hearings, and data breaches.  Celsius in Legal Batt...

Russia Has Received $2.2M in Crypto Donations to Fund War Purchases: Report

Leading blockchain security firm Chainalysis revealed in a recent report that pro-Russian groups had raised millions of dollars in cryptocurrency donations to fund Russia’s war against Ukraine. Pro-Ru...

Bitcoin is Hovering Near the $24K Level End-July as Sentiment Exits ‘Fear Zone’ – crypto.news

The value of cryptocurrencies has dropped since it peaked at almost $3 trillion last November. As of July 26, the industry’s total market cap reverted back above $1 trillion after a deep decline. Desp...

U.S. Banking Regulators Order Voyager to Remove Misleading Insurance Statements  – crypto.news

Amid the troubles surrounding cryptocurrency lender Voyager Digital, United States banking regulatory bodies have ordered the company to correct misleading statements suggesting that customers’ funds ...

FTX Gets License to Operate in Dubai – crypto.news

A branch of FTX Exchange, FTX Europe, and the Middle East has been permitted to participate in Dubai’s MVP program for Virtual Assets, governed by VARA. Numerous crypto asset companies have filed for ...

Community Hopes 2022 Ends with Merger Complete – crypto.news

Ethereum is scheduled to undergo its biggest network update ever in 2022. As a result, Ethereum (ETH) is completing the last steps of the much awaited update that will eliminate the practice of mining...

Funding Rounds Continue with Quasar and Nomad, Eurozone Inflation at New Highs, IMF Warns of Possible Further Declines – crypto.news

Project funding continued today, with Quasar Finance and Nomad XYZ completing successful rounds. Eurozone inflation rates hit new highs as many other countries suffer from massive CPI hikes. IMF recen...

Cardano’s Vasil Hard Fork Delayed for a Few More Weeks – crypto.news

Cardano’s much-anticipated Vasil hard fork has been delayed for a few more weeks. The Vasil upgrade was slated to go live in June, but the Cardano development team has prioritized a smooth network tra...

Bitcoin Leads Cryptocurrencies into Bullish Territory – crypto.news

After a major break above the 1D 50 EMA, Bitcoin is eyeing the $28,000 level. The market is still bullish in the short term as major altcoins and cryptocurrencies bounce back from recent losses. Bitco...

Inter Conceals Main Sponsors Digitalbits for Not Paying First Sponsorship Instalment – crypto.news

On July 29th, 2022, Gazzetta, an Italia sports publication, announced that Inter Milan obscured their main sponsor, DigitalBits. This came as the blockchain network failed to submit the first installm...

El Salvador’s Finance Minister Says Bitcoin Investment Is Still Paying Off – crypto.news

Alejandro Zelaya, El Salvador’s finance minister, believes the Bitcoin (BTC) experiment is proceeding as planned and that people shouldn’t anticipate results right away. Strong Faith in Bitcoin Alejan...

Polygon (MATIC) is up during a bear market. Why? – crypto.news

In early 2021, Matic, an Ethereum infrastructure project, rebranded to Polygon. Development teams of Ethereum apps can use Polygon’s workarounds, which concentrate on the architecture of the Ethereum ...

KuCoin Launches First Ever NFT ETF, Letting Anyone Own Blue-Chip NFTs

KuCoin has become the first centralized trading platform on the market to offer blue-chip NFT investments with the launch of the NFT ETF product aimed at over 20 million users.  According to a press r...

Funding Rounds Continue, Senators Says Crypto Investors Need more Protection, Bulls Continue in Crypto Markets – crypto.news

Fundraising continued today with Sweat Economy, Space & Time, and Center closing successful rounds. Senator says regulators must do more to protect crypto investors while the crypto bulls continue...

Dubai Blockchain Center And Chaintech Labs Sign Strategic Partnership To Foster Innovation – crypto.news

A new partnership has been born between the Dubai Blockchain Center (DBCC) and Chaintech Labs Ltd. (CTL) to develop blockchain technology in the Gulf region. The new deal between the two parties was f...

Polygon Network Partners with Mercedes-Benz To Develop A Blockchain Data Sharing Platform – crypto.news

A Mercedes-Benz Group subsidiary, Daimler South East Asia, has partnered with Polygon to develop a data sharing system hosted on the Ethereum Layer-2 scaling platform. Polygon and Mercedes Benz Unveil...

A Trusted Yield Platform for Crypto Investors?

The prospect of earning passive income has attracted many investors to the cryptocurrency market. However, the recent liquidity crisis surrounding centralized interest-earning products has caused many...

Promoting Environmental Sustainability – crypto.news

Grove token (GVR), one of the trendiest green tokens, aims to achieve environmental sustainability by applying the blockchain technology in the most environmentally responsible manner. What Is GVR? Gr...

Ethereum Foundation Issues $2M Grant to Support Developers

In its recently organized Academic Grants Round, the Ethereum foundation issued a $2 million grant that will be used to support research on Ethereum and the network’s related technologies. Fund Alloca...

Crypto Market Turns Bullish As Bitcoin (BTC) Surges Above $23K – crypto.news

After a week of losses, crypto prices have started to turn higher on the last day. The total market capitalization of all cryptocurrencies has increased by around 7.15% in the last 24 hours. Currently...