With all investors focusing on the steadily declining cryptocurrency market, a crypto Twitter enthusiast has announced a surprising $20 million bounty reward in return for proof of a crypto scheme on ...
Tag: crypto news
Crypto Lending Company BlockFi Secures $250m Revolving Credit Facility With FTX
Cryptocurrency lender company BlockFi has signed a nonbinding agreement with leading American crypto exchange FTX to secure a $250 million revolving credit facility to improve its balance sheet and st...
NFT Marketplace Magic Eden Bags $130M in Series B Funding Despite Crypto Winter
Popular Solana-based NFT marketplace Magic Eden has raised $130 million in Series B funding, bringing the company’s valuation to $1.6 billion. The latest funding comes at a time when the global crypto...
Coinmena Exchange Lands A Provisional Operation License In The UAE – crypto.news
Bahrain-based crypto exchange Coinmena has secured a provisional license to begin operations from the Virtual Assets Regulatory Authority (VARA). This would allow the sharia-compliant digital asset fi...
Card, Deposit, and Staking Offers by Binance and FTX – crypto.news
Crypto offers have become a big thing in the crypto space. Some exchanges with enticing offers are Binance, FTX, Robinhood, Crypto.com, Coinbase, Paxful, eToro, and Gemini. These platforms offer rewar...
I Never Asked People to Invest in Crypto
A few days after Elon Musk and his companies – Tesla and SpaceX – were sued by an American citizen, Kieth Johnson, for promoting Dogecoin, the billionaire said in a Bloomberg interview that he “never ...
WeChat Update Rules on Crypto Trading And NFT on Its Platform – crypto.news
The Chinese social media platform WeChat has added some new guidelines to its existing regulations for users of its platform. WeChat has previously suspended some users’ accounts alleged to be linked ...
Is Bitcoin Dead? Is This the End of Crypto? No Way! Here’s Why
It’s that stage in the market cycle where almost everyone feels defeated. Total crypto market capitalization has slumped to less than a trillion dollars, despite only being worth three times that valu...
Script Network, Astaria, and Increment Seed Rounds, UK Not Monitoring Unhosted Wallets – crypto.news
Earlier today, the Script network announced that Gate.io Labs joined their seed round through their medium page. Gate.io Joins Script Network Seed Round The Script network tweet reads, “We’re pleased ...
Bitcoin Miner Bitfarms Confirms 3,000 BTC Sale and Less HODL
Nasdaq-listed Bitcoin mining company Bitfarms has confirmed the sale of approximately 3,000 BTC (appr. $62 million), making it the latest mining firm to announce the sale of mined bitcoins in the wake...
Unstable Market Conditions Force Bancor (BNT) to Pause Impermanent Loss Protection – crypto.news
Bancor, a decentralized exchange on Ethereum, has paused the Impermanent Loss Protection to protect liquidity providers (LPs) as the crypto market slump continues. The DeFi protocol cited large sales ...
Vitalik Buterin Criticizes Bitcoin S2F Model (to $100k) Prediction
Vitalik Buterin, the founder of Ethereum, has criticized PlanB’s popular Bitcoin Stock-to-Flow (S2F) chart, noting that the model gives people false hope. Sharing his views on Twitter today, Buterin s...
Crypto Market Slump Continues After a Week of Consequent Lows – crypto.news
This past weekend, large-cap cryptocurrencies such as Bitcoin and Ethereum experienced another decline to $17,708 and $896, respectively. For Bitcoin, this marked its lowest level since early 2020, wh...
Iran Cuts Power to All Licensed Crypto Miners – crypto.news
Iran will shut off electricity to all its 118 authorized crypto mining facilities this month. Authorities in the country have taken similar measures earlier, citing the increased need for electricity ...
Tether (USDT) Ready for Full Audit to Increase $USDT Reserves Transparency – crypto.news
In an interview, Paolo Ardoino, the CTO of Tether, stated that the company is embarking on a thorough audit to increase transparency over its $USDT assets. In order to increase transparency on $USDT h...
Bybit Cryptocurrency Exchange Announces the Launch of the Grid Trading Bot for Registered Users – crypto.news
Bybit, one of the world’s most liquid cryptocurrency exchanges offering a wide range of exciting features, including an ultra-fast matching engine, has released the Grid Trading Bot. The Grid Trading ...
How to Start Work With Crypto When You Are a Student in 2022?
If you have not been living under a rock, you must have heard of crypto, bitcoin, blockchain, digital currency, and other related terms. For quite a while now, the conversation surrounding blockchain ...
What is Three Arrows Capital (3AC), and Why Is Everyone Talking About Them?
Everyone has been talking about Three Arrows Capital (3AC) over the past week, and there is a reason for that. The venture capital firm is at the forefront of a massive liquidation spurred by the rece...
Solana’s Solend DeFi Platform Votes to Curb Liquidation Risks – crypto.news
Members of the Solend ecosystem are now voting on a governance proposal dubbed SLND2, which aims to achieve three major objectives, including curbing the risk of automatic on-chain liquidation of coll...
Are Cryptocurrency Assets Securities: A Comprehensive Guide
Cryptocurrencies have become the hottest investment opportunity of the 21st century. Investors are flocking to buy, trade, and hold cryptocurrencies like never before. In doing so, they’re searching f...
Digital Wealth Pioneer Yield App Unveils Mobile App for Ios and Android – crypto.news
Yield App, a global FinTech company and digital wealth platform which has attracted more than 80,000 customers since its launch in February 2021, is now taking on the mobile world with the launch of i...
KuCoin Becomes First Crypto Exchange to Support PIX-Powered BRL Transfers
KuCoin became the first cryptocurrency exchange to support BRL transfers using the state-backed PIX payment system developed by the Central Bank of Brazil. The recent partnership with the Brazilian pa...
AMAZY App Creates International Fitness Project for Crypto Enthusiasts – crypto.news
NFTs are hugely popular. Every week, if not every day, many new NFT projects appear. It is therefore difficult to know which NFTs are the best to invest in. Many have already heard about a new project...
El Salvador’s President Tells Investors
El Salvador President Nayib Bukele has encouraged Bitcoin investors to worry less about the ongoing downward spiral in the market. Bukele is optimistic that the leading cryptocurrency will regain its ...
Crypto Gibraltar Festival to Take Place From 22nd to 24th September 2022 – crypto.news
Crypto Gibraltar 2021 was the first major crypto event following the pandemic and delivered a fantastic combination of informative discussions, productive networking and banging parties. Amazingly, ...
Layer 1 Blockchain Minima Chosen to Partner with MobilityXlab to Foster Innovative Mobility Solutions – crypto.news
Decentralized blockchain protocol Minima today announced that it is one of the eleven global start-ups chosen by MobilityXlab to create innovative mobility solutions with industry leaders in Vehicle a...
So Stable! Stablecoins Now Hold Over 15% Of Crypto Market Share
The market value of stablecoins has been rising steadily in recent months. Amid a broader crypto market collapse, stablecoins gained further market share and now hold more than 15% of the total crypto...
BnK to The Future CEO Offers Support for Celsius as Crypto Lender Draws Up Recovery Plan – crypto.news
Simon Dixon, CEO, and co-founder of Bnk to The Future, issued a statement offering his organization’s support to beleaguered crypto lender Celsius. BnK Offers a Helping Hand In the statement, Dixon ma...