The Ropsten Testnet of Ethereum has successfully merged with its beacon chain. It is the first testnet dress rehearsal to prepare Ethereum for the upcoming proof-of-stake shift. Ropsten Testnet Comple...
Tag: crypto news
VeChain Signs $100M Multi-Year Sponsorship Deal With UFC
Blockchain firm VeChain announced today it has signed a multi-year sponsorship deal with The Ultimate Fighting Championship (UFC). This marks VeChain’s first foray into the sport, following a similar ...
DeFi Project ChangeX Lands Advisory Board From Major Industry Giants, ICO Oversubscribed by 180%
Hybrid Banking/DeFi project ChangeX is proud to announce the onboarding of a new advisory board with experts from SoftBank, Merrill Lynch, and Citibank fame. The move reflects ChangeX’s efforts to str...
Fundraising Rounds From Pintu Exchange and Calaxy, New Crypto Laws, and Gasoline Price Hikes – crypto.news
Pintu, an Indonesian crypto exchange, in collaboration with Intundo Ventures, Lightspeed Ventures, and Pantera Capital, recently raised $113 million in a Series B funding round. The newly raised funds...
Optimism Confirms $16M Fumble With Liquidity Provision
Optimism, a layer-2 scaling solution built on the Ethereum network, on Wednesday shared details about an exploit that resulted in the loss of 20 million OP tokens worth an estimated $16 million. The O...
Minimize the Risk Easily! Try Unique Copy Trading & Demo Account on Bexplus That You Can Trust – crypto.news
Bexplus Exchange is a leading crypto derivatives trading platform offering 100x leverage futures trading on a variety of trading pairs – BTC, ETH, ADA, XRP, DOGE, etc. Bexplus doesn’t require KYC and ...
Bitcoin (BTC) Miners Revenue Continues to Decline as its Price Struggles to Stay Above $30K – crypto.news
According to a Glassnode tweet, Bitcoin miners’ revenue has continued to decline, while the cost of production has also increased due to the market’s current state. Tron DAO also transferred $100 mill...
ETH Developers Are Set to Initiate the Ropsten Merge Test Within the Next Two Days – crypto.news
Ropsten, Ethereum’s oldest testnet, is about to migrate to proof of stake as one of the final tests before the main Ethereum blockchain merges. While the actual time of the Ropsten integration will va...
Myria Announces Free-To-Claim Alliance Sigil NFT Open to Both New and Existing Members – crypto.news
Since the emergence of blockchain gaming and its rapid acceptance, the industry has been one of the most talked-about sectors. Introducing Myria Previous successful blockchain gaming projects like the...
How the Stablecoin Segment Transforms Following the UST Collapse – crypto.news
While Terra’s market failure and the collapse of its stablecoin UST negatively affected investors’ confidence in stablecoins, some projects had appeared to be more sustainable in effectively meeting s...
U.S. Senators Unveil The Much Awaited Crypto Regulation Bill – crypto.news
Two United States Senators, Cynthia Lummis and Kirsten Gillibrand, announced the release of the much-talked-about cryptocurrency bill. The new regulations contain a strategy for comprehensive guidelin...
Binance Denies Involvement in Money-laundering Allegations – crypto.news
Binance, a globally leading cryptocurrency exchange by trading volume, has rejected claims that it was used to launder at least $2.35 billion. Binance Company Executives Cry Foul According to Reuters,...
Chainlink Shares Details on Token Staking, LINK Surges to $9 – crypto.news
Chainlink’s LINK token hit a recent high of $9 after the team unveiled an updated roadmap detailing Chainlink 2.0 token staking. Chainlink 2.0 to Include Token Staking Chainlink, the smart contract or...
Samsung Launches Discord Channel as It Dives Further into Web 3.0 – crypto.news
Earlier today, Samsung’s US subsidiary said it is launching a new server that will support its Web3 activities, joining a growing number of projects using the chat client. Samsung’s Discord Server “Th...
DBAG Revolution – Breaking The Ethereum Blockchain – crypto.news
The innovative team from Ottawa is getting ready to take over the world and revolutionize the NFT game with their platform in the making. Who are the guys from Douche Ventures Ltd, and why should you ...
Russia Launches SWIFT Blockchain-Based Alternative to Circumvent Sanctions – crypto.news
Russia’s Rostec Corporation subsidiary, RT-Techpriemka has announced that it has successfully launched a distributed ledger technology (DLT) powered payments solution dubbed CELLS. The team claims CEL...
Solana Rolls Out $100M Investment Fund for South Korean Web3 Startups
Solana Ventures and the Solana Foundation have launched a $100 million investment and grant fund to bolster the growth of South Korean web3 startups building on the Solana ecosystem, a report revealed...
Thetanuts Launches Stronghold Vaults to Offer Users Non-Inflationary Yields & More – crypto.news
Thetanuts Finance has announced the launch of its Stronghold index vault to offer decentralized finance (DeFi) market participants non-inflationary return opportunities, better risk management, and mo...
Checkout.com Partners With Fireblocks to Enable USDC Payments
Global payments company Checkout.com announced Tuesday the launch of its weekend stablecoin settlement solution to enable businesses to make and receive payments in cryptocurrency, particularly USDC s...
U.S. Senate Passes Legislation to Treat Cryptocurrencies as Commodities
The long-anticipated United States Senate cryptocurrency bill that would properly classify crypto assets has finally been passed, The Washington Post reported Tuesday. The bill, introduced by Senators...
Dip Buyers! Institutional Bitcoin Inflows Hit $120M as Price Trailed Below $30k
With the current downtrend in the crypto market, investors have taken advantage to position themselves towards a potential uptrend in the price of assets, especially in Bitcoin. A Coinshares report on...
Portuguese Football Club Benfica Partners Socios to Launch Fan Token
Portuguese football club SL Benfica announced today it has partnered with crypto fan engagement firm Socios.com to launch fan tokens. The move makes it the first football club in the country to launch...
One Year On! El Salvador Marks Bitcoin Legal Tender Anniversary
Today makes it a year since El Salvador publicly revealed plans to adopt bitcoin as legal tender. On June 06, 2021, the president of El Salvador, Nayib Bukele, announced that a Bitcoin bill would be s...
Binance Reportedly Under Investigation by U.S. SEC Over BNB Token Sale
The United States Securities and Exchange Commission (SEC) is reportedly investigating leading cryptocurrency exchange company Binance over unregistered token sales. Per a Monday Bloomberg report, th...
Binance Refutes Reuters Claims That It Helped Criminals Laundered $2.3 Billion
Leading cryptocurrency exchange Binance has responded to an investigative report published by Reuters that claimed the trading platform helped bad actors to launder over $2 billion worth of digital as...
Ethiopia’s Central Banks Says Cryptocurrency Payments Are Illegal
The National Bank of Ethiopia (NBE) has revealed that it never gave authorization for cryptocurrencies to be used in the country as payment methods, local media reported Monday. Crypto Payments Illega...
A Whole New DeFi World Unveils
NXD projects have products that possess amazing use cases for users to explore, such as the Nexus Dubai Token, UAE Merchant Network, Nexidius, and Electrum. NXD’s purpose in writing this press release...
Binance Labs Invests Undisclosed Amount in PancakeSwap (CAKE)
Binance Labs, the investment and incubation arm of leading crypto exchange Binance, announced Monday that it has made a strategic investment in leading BNB Chain-based decentralized exchange PancakeSw...
Survey Shows Investors Are Becoming More Open to Crypto Assets
A new survey by the Economist Impact dubbed “Digimentality 2022—Fear and favouring of digital currency” revealed that investors are becoming more open to cryptocurrencies for investment and payment pu...
Chainlink Launches Seven Price Feeds on Solana
Leading blockchain oracle platform Chainlink has launched its price feed on Solana to support developers building decentralized finance (DeFi) applications on the network. Solana Builders to Access C...
Fidelity’s Macro Chief Modifies S2F, Predicts $140k Bitcoin Price by 2025
Jurrien Timmer, director of global macro at asset management firm Fidelity Investments, recently shared a modified version of the Bitcoin Stock-to-flow (S2F) model dubbed the S-Curve Model. Using the ...