Despite the recovery witnessed in the cryptocurrency markets on Tuesday, investors are still reluctant to enter the market as demand for virtual currencies takes a slump. Correlation With Other Asset...
Tag: crypto news
Crema Finance Hacker Returns $7.6M of Stolen Funds
The attacker responsible for the Solana-based Crema Finance hack has returned about $7.6 million of stolen funds, keeping roughly $1.6 million worth of SOL as a bug bounty reward. Crema Finance Hacker...
Ondo Finance and Oasys Games Raising Funds, Voyager Runs Bankrupt, Central African Republic Launches Native Crypto – crypto.news
Fundraising continues with Ondo Finance and Oasys Games announcing successful rounds. Voyager files for bankruptcy and Singapore appears set on imposing sanctions to crypto trading. Ondo Finance Raise...
FTX Still Has a “Few Billion” to Support Struggling Crypto Firms
Sam Bankman-Fried (SBF), the founder and CEO of leading crypto derivatives exchange FTX, said Wednesday that his company still has a “few billion” dollars to save struggling crypto companies that coul...
Binance Launches Zero-Fee Bitcoin Trading to Celebrate 5th Anniversary
The world’s largest cryptocurrency exchange, Binance, has launched zero-fee trading for 13 bitcoin spot trading pairs to celebrate its 5th anniversary. The new policy will go into effect on July 8 and...
Etihad Airways Launches EY-ZERO1, Its First NFT Collection – crypto.news
The national airline of the United Arab Emirates (UAE), Etihad Airways, has unveiled its pioneer non-fungible token (NFT) collections. Accordingly, the new NFT collectible, dubbed “EY-ZERO1,” is model...
MakerDAO Voting on $100M DAI Vault for a Traditional Bank – crypto.news
The MakerDAO community is currently voting on its first proposal, which would integrate a traditional bank into its ecosystem. The Protocol will form a DAI debt ceiling trust with 100 million DAI in D...
Federal Reserve Conference Hints Stablecoins Can Reinforce USD’s Status – crypto.news
The central bank-issued digital currencies did not convince panelists at the recently concluded Federal Reserve conference, and CBDC cannot alter the global currency arrangement. The United States Fed...
Coca-Cola Taps NFTs to Celebrate Pride Month – crypto.news
Coca-Cola has launched 136 non-fungible tokens (NFTs) collectibles on the Polygon (MATIC) network in commemoration of Pride Month. The global soft drinks giant says the proceeds from the digital colle...
STRMNFT Announces Details of Aurora Cats NFT Airdrop – crypto.news
Aurora Cats, a newly developed NFT project, has officially announced an airdrop to all eligible STRMNFT users. This interesting new cat-themed NFT collection is all set to feature 10,000 intriguing an...
Ethereum Investment Product Sees Changes As $5M Weekly Inflows Are Recorded – crypto.news
The year did not begin on a sound footing for Ethereum investment products as it struggles to attract significant inflows from institutional investors. The outflows have been alarming, with a record $...
High-End Jeweler Graff Diamonds Sues Insurer Over $7.5M Bitcoin Ransomware Payment
Famous British Jeweler Graff Diamonds Corp. has filed a lawsuit against its insurance company, The Travelers Companies Inc., over $7.5 million it spent after falling victim to a ransomware attack in S...
Crypto Broker Voyager Files For Chapter 11 Bankruptcy Protection
Crypto brokerage firm Voyager Digital announced today it has filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court of the Southern District of New York. The announ...
H2O Waters Securities Launches First Crypto Water Token, Sequoia China $9 Billion Funding, Federal Reserve not Impressed by USD CBDC – crypto.news
H2O Waters Securities has launched the first water-focused crypto token. Sequoia China closes in on a $9 billion funding round to help new projects seed rounds and ventures, as the federal reserve app...
Hackers Looted Almost $2 Billion From Crypto Projects in H1 2022 – crypto.news
While the cryptocurrency market and Bitcoin (BTC), its flagship asset, have been struggling in the first half of 2022, a study shows that criminal activity in the sector has increased substantially du...
Bitcoin Miner Core Scientific Confirms $167M Bitcoin Sale Amid Market Selloff
Public-traded Bitcoin mining company Core Scientific sold 7,202 BTC, worth $167 million last month. According to the firm’s “June Updates,” released on Tuesday, the crypto assets were sold at an avera...
Cryptoassets See $64 Million in Inflows, as Investors Take Advantage of the Dip – crypto.news
CoinShares has revealed via the latest edition of its Digital Asset Fund Flows Report released on July 4, 2022, that investors pumped in a total of $64 million into digital asset investment products l...
Ethereum Name Service (ENS) Hits 1.5M Registered Names Amid Crypto Winter
Despite the severe bloodbath in the crypto market, some projects appear to be steadily growing. The Ethereum Name Service (ENS) is a vivid example in this regard, as the project has surpassed 1.5 mill...
Wanchain Announces Successful “Saturn” Hard Fork Setting Deflationary Path Forward – crypto.news
6th July 2022, London – Wanchain has successfully launched its new Saturn hard fork, which introduced several network improvements and completely overhauled the network’s fee market. The Saturn hard ...
UK Government Seeks Input on Taxing Crypto Asset Loans and Staking in DeFi – crypto.news
Financial authorities in the United Kingdom are considering methods that can regulate and tax the usage of digital assets. Forging Crypto Adoption In the UK According to a call for evidence issued on ...
Crypto Exchange Flows Surge as the Road to Market Recovery Spells Uncertainty among Investors – crypto.news
The sudden decline in the crypto market’s value over the last weekend has led to losses for various cryptocurrencies. Crypto enthusiasts expect Bitcoin and other large digital assets to trend lower in...
Voyager Exploring “Strategic Alternatives” as it Focuses on Protecting Customers and Assets – crypto.news
Beleaguered crypto lender Voyager Digital posted a series of tweets on Sunday in which the company claimed to be looking for strategic alternatives to best serve its customers in the long term. The co...
64 Percent of Southeast Asians Keen on Crypto Payments – crypto.news
A large chunk of Southeast Asians is aware of bitcoin (BTC) and other cryptocurrencies. Nearly two-thirds of consumers in the entire region are interested in paying with crypto for purchases, with Ind...
Plugin & Sumunnati, Agri-Insurance Amplified Through Climatic Variables – crypto.news
The collaboration employs current climatic data for providing knowledge to farmers. The data from Plugin will educate peasants and guide in agricultural activities. Plugin (PLI) and Sumunnati joined h...
Bank of England Calls For Stricter Crypto Regulation Amid Market Downturn
The Bank of England (BoE) is calling for stricter regulations on crypto after the recent market downturn to safeguard against the potential financial stability risks they could pose. BoE Calls for Str...
What Makes DeFiChain One of the Best Blockchains for dApps – crypto.news
DeFiChain (DFI) combines the flexibility of proof-of-stake (PoS) blockchains with the security and robustness of the Bitcoin network to offer developers a straightforward platform for the creation of ...
U.K. Wants Public Views on Taxation of DeFi Loans and Crypto Staking
The United Kingdom (UK) has launched a call for evidence seeking public views on the taxation of crypto-backed loans and staking in the context of decentralized finance (DeFi). The call for evidence ...
Ethereum (ETH) Gas Fees Decrease, Digital Asset Investments Inflows Go Up – crypto.news
In total, digital asset investment products attracted over US$64 million in inflows over the last week. However, most of these were allocated to short-bitcoin investment products. In addition to the U...
A Closer Look into Binance’s Cards, Deposits, and Staking Offers – crypto.news
Since it was founded in 2017, Binance has become one of the most prominent platforms in the cryptocurrency trading industry. The initial success of the exchange was so impressive that it had to suspen...
Crypto Lender Nexo Signs Term Sheet to Potentially Acquire Struggling Rival Vauld
Popular crypto lending platform Nexo revealed on Tuesday that it has signed an indicative term sheet to acquire Singapore-based lending rival Vauld. An indicative term sheet is a document that shows t...