Crypto Exchange KuCoin Secures $10 Million Strategic Investment From SIG

Popular cryptocurrency exchange KuCoin announced Thursday that it had signed a partnership with Susquehanna International Group (SIG), a leading global quantitative trading company.  KuCoin Secures $1...

THORChain Activates “Kill Switch” To Ease Out Rune Tokens On Ethereum And BNB Chain – crypto.news

The cross-chain decentralized exchange platform, THORChain, will no longer accept Rune tokens from the Ethereum and BNB Chain. THORChain has already developed its own blockchain network that enables d...

Rescale Inks Partnership With Nvidia To Develop Industrial Metaverse – crypto.news

Rescale is driving digital transformation with its growing influence on the Metaverse ecosystem through strategic partnerships. Accordingly, the platform has incorporated the Nvidia GPU Cloud (NGC) in...

Asia’s Bluejay Finance Raises $2.9 Million for Capital-efficient Multi-Currency Stablecoin Protocol – crypto.news

Bluejay Finance announced on July 20, 2022, that it has raised $2.9 million in funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, and more. The team says the funds will be used for team...

Kucoin Scores Funding And Partnership From Wall Street Trading Giant

Founded in Singapore five years ago, Kucoin has expanded its services to cover crypto lending and … [+] NFT trading services. Jakub Porzycki/NurPhoto via Getty Images Crypto exchange Kucoin said...

Lido Finance Proposes Selling 20M LDO Tokens for DAI – crypto.news

Crypto Staking Service Provider Lido Finance has begun discussions on a governance proposal to sell 20 million Lido DAO (LDO) tokens and diversify its treasury into stablecoins to fund its operating n...

EarthFund, Dr. Lucy Tweed Launch Carbon Removal Cause DAO to Tackle Climate Change – crypto.news

EarthFund and Dr. Lucy Tweed have joined forces to launch a new decentralized autonomous organization (DAO) dubbed Carbon Removal Cause, on July 20, 2022, to help tackle the issue of climate change gl...

Switzerland’s Franck Muller Launches Limited Edition NFT Watches on Binance NFT – crypto.news

Franck Muller has announced the launch of a series of digital wearables and physical watches on the Binance NFT marketplace. The series will commence with the official release of ‘Mystery by Franck Mu...

Electric Car Maker Tesla Dumped $936 Million Worth of Bitcoins in Q2

The world’s largest electric car manufacturer, Tesla Inc., on Wednesday, released its second quarter (Q2) financial earnings report revealing the sale of 75% of its total bitcoin worth billions of dol...

Coinbase-Backed Portal Announces Reg D Equity Offering on Republic – crypto.news

Portal announced on July 19, 2022, that it’s conducting a Reg D equity offering on Republic, to enable it to raise funds from 1,900 investors across the world. Portal is a cross-chain Layer-2 decentra...

South Korean Prosecutors Raid Upbit and Other Local Crypto Exchanges Over Terra’s Crash

A group of investigators from the Seoul Southern District Prosecutors Office raided local crypto exchanges on Wednesday in an ongoing investigation into the infamous Terra Luna crash, Yonhap News Agen...

Growth Prospects Compared – crypto.news

Cryptocurrencies are all the rage right now, and for a good reason. They offer the potential for tremendous growth and a new way to conduct business online. However, investors must be able to distingu...

Crypto Exchange FTX Reportedly Plans to Raise Fresh Funds After Acquisition Spree

Sam Bankman-Fried’s cryptocurrency exchange FTX is planning to raise fresh funds after its recent acquisition spree amidst the crypto bear market, Bloomberg reported Wednesday, citing people familiar ...

Cronos Network Fundamentals Review – crypto.news

The Cronos ecosystem has become a powerhouse in the crypto and blockchain ecosystem. Its native Cronos Chain boasts EVM compatibility and makes it easier for developers to port over existing applicati...

Valkyrie Creating New VC Fund, India Could Ban Crypto, New Zealand Inflation at 3 Decade High – crypto.news

Funding rounds gain momentum as Valkyrie launches a new VC fund to support web2.5 projects. New Zealand’s Inflation is at a 3-decade high, while India is considering banning crypto. The crypto bulls c...

Crypto Exchange Zipmex Suspends Withdrawals Amid Crypto Winter

Singapore-based crypto exchange Zipmex has just announced a pause in the withdrawals of users’ funds till further notice. Zipmex Halts Withdrawals The company noted in the announcement that the move w...

Crypto Market Cap Maintains $1T Level as BTC Fear Index Draws Back to Fear – crypto.news

The Bitcoin ‘Fear and Greed’ index is back at ‘fear’ from ‘extreme fear’ for the first time in 73 days according to recent analysis. The data shows that the long-term trend is still up and that taking...

Polygon Rolls Out Ethereum-Equivalent Zero-Knowledge Scaling Solution

Polygon, a leading Ethereum blockchain scaling solution and web3 infrastructure, announced Wednesday the launch of its Zero-Knowledge Ethereum Virtual Machine (Polygon zkEVM).  According to the offici...

SEC Should Sue Crypto Exchanges for Listing XRP, Congressman Says – crypto.news

In a Congressional Subcommittee hearing on June 19th, the chair asked the SEC to pursue legal actions against crypto exchanges for dealing with XRP. This comes after the SEC continuously pursued the R...

Increasing Interoperability of Ethereum – crypto.news

Wrapped Ethereum (WETH), a tokenized version of Ethereum, contributes to reaching higher interoperability and integration with other blockchains as well as promoting the ETH use in dApps. What Is WETH...

Unmentioned Factors Limiting the Mass Adoption of the Metaverse – crypto.news

Virtual reality is a fascinating phenomenon that has the potential to change the way we live and work. It is an online universe that offers users a unique experience compared to traditional online pla...

What Are the Pros and Cons of Holding a Wedding on the Metaverse? – crypto.news

On June 14th, 2022, Kevin Price Boateng became the first football player to marry in the Metaverse. The former Ghana international tied the knot with the love of his life, Italian girlfriend, Valentin...

US Ethics Body Issues New Rules for Employees Who Hold NFTs – crypto.news

The Office of Government Ethics, which supervises the executive branch, has issued new guidance for public financial disclosure filers who possess NFTs. Us Ethics Agency Issues New Guidance Employees ...

Dubai Aims to Generate $4 Billion From Metaverse Innovation by 2027 – crypto.news

Authorities in Dubai released the details of the region’s Metaverse Strategy on July 18, 2022, revealing a plan to add $4 billion to the city’s economy from its metaverse innovation push and become on...

Celsius Had Internal Issues Years Ahead of Bankruptcy, Former Employees Reveal

According to former employees of Celsius and internal documents reviewed by CNBC, the cryptocurrency lending company had internal issues years ahead of its bankruptcy filing. Celsius Allegedly Had Int...

AAVE (AAVE) Partners with Pocket Network to Strengthen dApps Development – crypto.news

Aave (AAVE) partnered with Pocket Network on July 19, 2022, to enable the former to access the latter’s distributed network and provide decentralized applications (dApps) developers with reliable bloc...

New Research Finds Bitcoin Adoption Increasing Across Emerging Markets – crypto.news

Bitcoin adoption and awareness has seen a significant increase across emerging markets like Africa, Latin America, the Middle East, and Southeast Asia, according to an independent study conducted by F...

Crypto Investors Lost $42 Million to Fake Apps in 7 Months

The United States Federal Bureau of Investigation (FBI) has warned financial institutions and crypto traders about the increasing growth of fake crypto investment apps.  Fraudulent Crypto Apps Defraud...

Yuga Labs Warns About Threat Group Against NFT Community – crypto.news

Yuga Labs, the creator of the popular non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), alerted the NFT community about a potential threat. Details of the Possible Threat to NFT Users I...

Several Projects Close Funding Rounds, The Crypto Market Sends Bullish Signals – crypto.news

Fundraising has continued in the past few days, with several projects closing successful seed rounds. Meanwhile, the crypto market is bullish, gaining vastly in the past 24-hour period.  Lines Raises ...

The Crypto Market is Showing Bullish Signals as Market Cap Retouches the $1T Mark – crypto.news

The total market capitalization of all cryptocurrencies has retaken the $1 trillion mark, making virtual currencies almost as valuable as all of the silver on Earth. Bitcoin experienced a price pump t...

Staking Protocol Lido Unveils Expansion Plans on Ethereum Layer 2 Networks – crypto.news

The Lido development team has revealed plans to expand the protocol across several Ethereum Layer 2 scaling solutions. The team also confirmed that it would initially launch the offering on Optimism a...