Hackers used the Horizon Bridge to swap $100 million worth of altcoins for Ether, which is being stored on the blockchain of the Harmony layer-1 platform. In a statement, the company said it had ident...
Tag: crypto news
USDT and USDC Dominance Reach New Record Highs Amid Massive Crypto Selloffs – crypto.news
Two of the largest stablecoins by market capitalization, USDT and USDC, saw their dominance reach a new all-time high (ATH), an indication that more traders are exiting their crypto positions, althoug...
Bitcoin Miners Struggling To Break Even As Hashrate Soars – crypto.news
The flagship cryptocurrency, Bitcoin, has been outperforming other cryptocurrencies for over a decade. However, Bitcoin mining is facing a rough time amid the recent crypto market correction. Miners i...
How Are They Different? – crypto.news
Binance is the world’s largest crypto exchange by volume. It claims to handle a daily transaction volume of over $75B. Binance.us is a US subsidiary of Binance.com but is governed independently. It wa...
Which $5 Cryptos Are Worth Investing In? – crypto.news
While the crypto market has witnessed massive growth over the last few years, 2022 hasn’t been so good. Digital assets are currently facing severe pressure, which has seen bitcoin, the largest virtual...
Binance Partners with Cristiano Ronaldo to Create CR7 NFT Collection – crypto.news
In an exciting new deal, Binance has announced a partnership with Cristiano Ronaldo, one the world’s most pre-eminent athletes. The deal announced is set to involve the creation and sale of an NFT col...
Understanding Golden Cross Trading for Cryptocurrency – crypto.news
Technical analysis is a tool used by investors and traders in the cryptocurrency market to identify potential trends and gain profitable returns. This type of analysis uses various technical indicator...
Gucci Buys $25k Stake In SuperRare DAO, NHL Showcases NFT Prospects – crypto.news
Italian luxury giant, Gucci, is expanding its presence in the NFT space. The Florence-based fashion house has announced a new partnership with the major NFT marketplace, SuperRare, which will see it b...
RBI Engages with Top Banks to Pilot Blockchain-based Trade Financing Project – crypto.news
India’s central bank, the Reserve Bank of India (RBI) has tapped top nation banks such as HDFC, ICICI, and SBI for a blockchain-based trade financing project, Economic Times reports, June 23, 2022. RB...
Avalanche Bridge Adds Native Bitcoin Bridging Functionality – crypto.news
Avalanche has announced that its cross-chain bridge will now support native bitcoin. In a blog post that came out on Wednesday, the smart contract platform said that the Avalanche Bridge now has the a...
BlockFi Raises Interest Rates on Crypto Deposits Despite Market Downturn
Leading cryptocurrency lending platform BlockFi has disclosed plans to increase rates on selected crypto assets, including BTC, ETH, and USDC, in its Interest Account (BIA) starting July 1. “On Frida...
Binance U.S. Removes Trading Fees on Four Bitcoin Pairs – crypto.news
Binance.U.S. has announced the introduction of zero-fee trading for four bitcoin (BTC) pairs on its spot market. Both new and existing customers of the exchange will no longer be charged fees when the...
SEC Chair Gary Gensler Pushes for “One Rulebook” to Regulate Crypto
Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC), has once again called out for cryptocurrency regulations after warning investors to be aware of crypto assets ...
Singapore’s MAS Grants In-Principle Approval to Crypto.com, Two Others – crypto.news
Crypto.com and two other companies have been granted in-principle approvals by the Monetary Authority of Singapore (MAS). This paves the ground for the three companies to offer their services within t...
Solana Announces New Blockchain Smartphone for Web3 Experience
Solana Mobile, the newly established mobile technology division of Solana Labs, has unveiled its first Android smartphone to promote the web3 experience on the go. Solana Announces New Smartphone In ...
Voyager Digital Seeks Repayment Loan Worth Over $650 Million From Three Arrows Capital – crypto.news
Cryptocurrency Broker Voyager Digital Holdings recently revealed that its exposure to struggling crypto hedge fund Three Arrows Capital (3AC) is valued at over $650 million in bitcoin (BTC) and USDC. ...
Crypto Derivatives Exchange CoinFLEX Suspend Withdrawals, Citing “Extreme Market Conditions”
Popular cryptocurrency derivatives exchange CoinFLEX has joined a growing list of crypto-related platforms that have suspended withdrawals. In an official announcement on Thursday, the exchange noted...
Blocto Partners with Flow to Give NFT.NYC Attendees a Mobile-First NFT Experience – crypto.news
Blocto has signed a strategic partnership deal with Flow, to offer attendees at this year’s NFT.NYC event a mobile-first NFT experience and more. Blocto users at the NFT.NYC event will be able to win ...
dYdX to Launch Standalone V4 Blockchain Based On Cosmos SDK PoS Protocol – crypto.news
The Ethereum Layer-2 crypto platform dYdX has proposed to develop a dYdX chain – V4. The new chain will be a standalone blockchain compatible with the Cosmos SDK and Tendermint Proof-of-Stake (PoS) co...
How to Make Passive Income With KuCoin During a Bear Market?
The cryptocurrency market is currently in a slump. However, it is not the end of the world. There are still a lot of opportunities to make money with cryptocurrencies and, moreover, passively. One of ...
Win a World Cup 2022 VIP experience with Bitcasino – crypto.news
Bitcasino, the leader in the Bitcoin gaming business, has recently unveiled a new set of community awards. An essential aspect to mention is that there are hundreds of games on the project’s platform...
What Is Binance Swap Farming, and How to Use It?
If you use Binance, you know it is not just a regular exchange. It is a whole ecosystem consisting of many different exciting products. One of them is Binance Swap Farming, which we will focus on in t...
EX Sports Ready to Drop ‘Belgium Edition’ Urbanball Mystery Boxes Exclusive on Binance NFT – crypto.news
Urbanball, a comprehensive street football ecosystem that comprises a play-to-earn (P2E) game, NFT collectibles, 1v1 ‘fightfall’ tournaments, micro-events, and a lot more today announced it is ready ...
Axie Infinity’s Ronin Network to Reopen Bridge Months After $625M Hack
Ronin Network, the Ethereum-based sidechain created by Axie Infinity developers, has announced that it will reopen its bridge to aid users with the ease of moving their assets across the Ethereum netw...
U.S. House Committee Urges the EPA to Consider the Merits of Mining Virtual Assets – crypto.news
In a letter to Environmental Protection Agency (EPA) Administrator Michael Regan, the House Financial Services Review panel has asked Mr. Regan to meticulously explore the significant ecological effec...
Binance Connect Partners With Trust Wallet to Foster Crypto Adoption – crypto.news
Binance Connect, a major global payment infrastructure provider, supported by Binance, has announced a partnership with Trust Wallet, the leading multi-chain, self-custodial cryptocurrency wallet. A C...
Blockchains Are not Entirely Decentralized – crypto.news
Trail of Bits’ research findings published on June 22, 2022, shows that distributed ledger technology (DLT) and blockchain networks, including those powering bitcoin (BTC) and ether (ETH) are not comp...
Harmony Protocol Loses $100M to Horizon Bridge Hack
Blockchain network, Harmony Protocol, has reported a security breach leading to the loss of approximately $100 million. Hackers exploited a vulnerability to steal 85,837 ETH (appr. $100 million) from ...
Louisiana Governor Passes Monumental Digital Assets Bill – crypto.news
The governor of the U.S. State of Louisiana John Bel Edwards has signed the digital assets bill that was legislated in the state. The bill comes as a reprieve to the crypto community following an ardu...
U.S. SEC Commissioner Not In Support Of Bailout To Crypto Firms – crypto.news
The United States Securities and Exchange Commission (SEC) commissioner, Hester Peirce, sees no reason why the SEC should bail out crypto companies. Peirce believes that it is best to let things pan ...