Coinbase is a leading online platform allowing users to trade and exchange various cryptocurrencies. It has over 98 million users and over $256 billion in assets. As one of the biggest platforms in th...
Tag: crypto news
How Merged Mining Opens the Way for More Crypto Revenue
The cryptocurrency market has opened a valley of business opportunities, from trading highly volatile assets to mining and releasing them into the open market. The latter is of special interest to us,...
A Dive Into Kraken Cards, Deposit Rewards, And Staking Rewards – crypto.news
Since its inception in 2011, the online trading platform Kraken has been regarded as a leading player in the cryptocurrency world. Besides its low fees and flexible payment options, this payment servi...
Ethereum Burns 2.5 Million ETH ($2.8B) via EIP-1559 Protocol
Less than a year after its activation, the Ethereum Improvement Proposal-1559 (EIP-1559) has permanently removed nearly $3 billion worth of ETH from circulation. According to recent data from Ultraso...
3AC Files for Bankruptcy, Fundraising Rounds with AltLayer and Soba, Huobi Ventures Invests in Land of Conquest – crypto.news
Three Arrows Capital (3AC), the troubled crypto-focused hedge fund, recently filed for bankruptcy. Huobi Ventures invests in Land of Conquest, while other projects like Soba and AltLayer complete succ...
Singapore to Impose Stricter Crypto Regulations – crypto.news
Singapore’s Monetary Authority is currently weighing the possibility of stricter crypto regulations. This was contained in a letter sent by the regulator to the country’s parliament on Monday. A Legis...
Hacker Offers to Sell 23 Terabytes of Stolen Data Belonging to Chinese Citizens for 10 Bitcoin – crypto.news
A hacker going by the pseudonym ChinaDan has claimed that he is selling about 23 terabytes of stolen personal information belonging to more than one billion Chinese citizens. Stolen Data Is Available ...
Cardano’s Vasil Hard Fork Goes Live on Testnet – crypto.news
Cardano (ADA) has completed a hard fork of its testnet in preparation for the planned Vasil upgrade. The new development offers increased scalability and enhanced network performance. Cardano’s Vasil ...
Mobile Stream Inks Massive Partnership With Mexican Football Club – crypto.news
The Pumas football club, one of Mexico’s iconic football teams, has chosen Mobile Streams (MOS) as the sole global creator and supplier of NFT under a significant five-year agreement. The football tea...
VCs Invested Over $3B in Crypto Projects Last Month Despite Bear Market: Report
Despite the downturn in the crypto market, venture capital (VC) firms have not lost interest in the sector and have continued to pour money into crypto projects. According to a VC monthly report by Wu...
Vauld Crypto Trading and Lending Firm Suspends Withdrawals – crypto.news
Vauld has announced the suspension of fund withdrawals, deposits, and all trading activities on its platform. The firm says the crypto market downturn has brought serious financial challenges upon it ...
Crypto Broker Voyager Says It Is “Pursuing Strategic Alternatives” After Halting Withdrawals
In a tweet thread on Sunday, crypto broker Voyager Digital said it is seeking strategic alternatives and that it is focused on protecting assets and maximizing value for its customers. The statement c...
Buy Gift Cards with Bitcoin and 100+ Cryptos with Ease – crypto.news
Coinsbee is making it easier for cryptocurrency holders to purchase gift cards, payment cards, and mobile top-ups of more than 2,500 brands across over 165 countries with bitcoin (BTC) and other crypt...
Short-Bitcoin Products Hit $51M Inflow as Investors Predict More Downside
As the bearish crypto market continues, many investors have opted for schemes that will bring them profits, at the expense of top assets such as Bitcoin. Short-Bitcoin Hits $51M Within a Week Accordin...
Crypto Skeptics and Haters Set to Hold First-Ever Conference – crypto.news
Cryptocurrency critics and skeptics will be organizing their first-ever conference in London and virtually on September 5th and 6th. Stephen Diehl, a co-organizer of the event claims the primary objec...
ENS Domain Name “000.eth” Was Sold for 300 ETH – crypto.news
The Ethereum Name Service (ENS) provides the relevant statistics on the most highly-priced domain names on the Ethereum network. According to Wu Blockchain, the digital domain name “000.eth” was sold ...
Bitcoin (BTC) Shows Overbought Signals, DeFi Assets Monolith and Creamdot Finance Rise – crypto.news
One of Santiment feed’s most popular metrics, MVRV, indicates that short, mid, and long-term timeframe trading returns are at ‘pain’ thresholds that historically foreshadow oncoming price turnarounds....
Crema Finance Exploited Yet Again in Fresh Flash Loan Attack – crypto.news
DeFi protocol Crema Finance has been in the crosshairs of cybercriminals several times in the past twelve months. On July 2, 2022, hackers again targeted the Solana-based lending and borrowing platfor...
Embattled Crypto Lending Platform Celsius Lays Off 150 Workers – crypto.news
Cryptocurrency lending platform Celsius has fired about a quarter of its workforce, days after assuring customers that it is working hard to fix its withdrawals and liquidity issues, according to repo...
NFT Sales Drop to 12-Month Low on Crypto Crash – crypto.news
The NFT market has been caught up in the ongoing cryptocurrency downturn. The total market sales got to a year’s low in the month of June. The Promise of Absolute Uniqueness NFTs deal in the ownershi...
Three Arrows Capital Officially Files for Bankruptcy – crypto.news
Three Arrows Capital (3AC) has officially filed for Chapter 15 bankruptcy, days after a court in the British Virgin Islands ordered the liquidation of the company’s assets, reports Bloomberg on July 1...
Tether Cuts Down Its Commercial Paper Reserves By 58% – crypto.news
The Stablecoin issuer has confirmed the reduction of its commercial paper reserves, addressing the speculations of lack of support for its USDT token. Tether Seeks to Tackle Quality With Reduction of ...
Crypto Exchange FTX US Rescues BlockFi With $640 Million Deal
FTX US, the United States division of Sam Bankman-Fried’s cryptocurrency derivatives exchange FTX has signed a “definitive agreement” worth $640 million with troubled crypto lender BlockFi. According...
Which Is the Better Exchange Coin? – crypto.news
The 1INCH token is a utility token that acts as the central hub for the 1INCH crypto exchange. On the other hand, the CRO token is the native cryptocurrency of the crypto.com exchange. 1inch also ser...
DappRadar Unveils Cross-Chain Staking Platform in Association with LayeZero – crypto.news
The leading global decentralized applications (dApps) store DappRadar has announced an industry-first, cross-chain token staking mechanism that allows users to claim their staking rewards on any block...
Ledn to Save BlockFi, Creditors Call for Three Arrows Liquidation, El Salvador Buys 80 BTC – crypto.news
Earlier today, reports emerged that Ledn, a Canada-based lending network offered to help save BlockFi from its troubles. In other news, Deribit and Blockchain.com call for liquidation of 3 Arrows Capi...
Solana-based Crema Finance Hacked for $8.7M in DeFi Exploit
Crema Finance, a DeFi protocol on the Solana network, suffered a security breach in the early hours of Sunday. The hack led to the loss of an estimated $8.7 million which the attacker still holds in s...
Crypto Firm Voyager Temporarily Suspends Withdrawals, Deposits, and Trading – crypto.news
Voyager Digital today announced it had suspended trading, deposits, withdrawals, and loyalty rewards on its platform. Voyager Suspends Crypto Trading and Withdrawal In an announcement made today, cryp...
NFT Marketplace Quixotic Suffers Exploit Attack – crypto.news
The optimism-based non-fungible token marketplace, Quixotic, has come under attack. The platform took to Twitter to announce that its contract got compromised by hackers. It said the hacker stole ERC-...
VanEck Submits Fresh Spot Bitcoin ETF Application – crypto.news
VanEck filed a new application for a spot bitcoin (BTC) exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC) on July 1, 2022. No U.S.-based company has so far bee...
El Salvador Buys 80 More Bitcoins For $1.5 Million – crypto.news
El Salvador’s president, Nayib Bukele, said today that the Central American country had bought another 80 bitcoins at $19,000 each. Bukele Remains Bullish About Bitcoin The president made the announce...