Irrespective of what you desire to invest in, buying and holding can be a good long-term investment strategy. This is true for cryptocurrencies just as much as it is true for any other tradable asset...
Tag: crypto news
Deus Finance Hacked For Over $13M Via Flash Loan Exploit
DeFi protocol, Deus Finance has recently been exploited with hackers siphoning off $13.4 million in crypto, blockchain security firm PeckShield alerted via Twitter in the early hours of Thursday. Peck...
Former Google CEO Eric Schmidt Is Bullish on Web3
Former Google CEO Eric Schmidt recently opined that he has invested a little in cryptocurrencies, but he’s bullish on Web3. Schmidt Bullish on Web3 According to a CNBC report, Schmidt said the most fa...
Former Coinbase Engineer Donates $1M to Fund Bitcoin Development
Brink, an independent non-profit organization, has received $1 million from a former Coinbase engineer, Craig Hammell, to support Bitcoin development. Announcing the donation in a tweet, Brink noted t...
Dragonfly Capital Announces $650M Raise for Third Crypto Fund
According to a recent update from Haseeb Qureshi, the firm’s managing partner, crypto-centered investment firm Dragonfly Capital, just launched a new fund with $650 million worth of capital. Dragonfly...
U.S. Rep. Madison Cawthorn Accused of LGBCoin Pump-and-Dump Scheme
U.S. representative Madison Cawthorn may have defied federal insider trading laws after his alleged involvement in a crypto pump-and-dump scheme. Several watchdog groups allege that the North Carolina...
DeFiChain Launches Decentralized Bridge to Connect With BNB Chain
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial (DeFi) applications and services to everyone, officially announces the launch of DeFiCha...
Central African Republic Becomes First African Country to Adopt Bitcoin
The Central African Republic (CAR) has become the first country on the continent to unanimously accept a bill governing the use of Bitcoin. On April 26th, Faustin Archange Touadera, the President of C...
Ethereum Name Service (ENS) Jumps 30% Amid Club Culture Frenzy
The native token for the Ethereum Name Service (ENS), a distributed naming system based on the Ethereum blockchain, increased by over 30% within the last 24 hours. The price of the token moved from $1...
Finnish Government Considers $77M Bitcoin Donation to Help Ukraine
The Finnish government has revealed plans to donate proceeds from seized bitcoins to assist Ukraine in its ongoing conflict with Russia, according to a recent report by a local media outlet. The repor...
U.S. Congress Members Own About $1.8M Worth of Crypto Assets, Raises Concerns
Recent data from 2iQ Research showed that more than 20 members of the United States Congress, both Democrats and Republicans, have invested approximately $1.8 million directly in crypto assets or indi...
Leading Blockchain Company 0x Labs Secures $70M in Series B Funding Led by Greylock
San Francisco-based decentralized exchange infrastructure provider 0x Labs has just raised $70 million in a series B funding after securing $15 million from its previous funding last year. Although ...
Top Three Cryptocurrencies to Watch This Week: BTC, ETH, APE
The past week was termed “unfruitful” as most cryptocurrencies failed to record any significant increase. The crypto market opened the timeframe at $1.8 trillion and peaked above $1.9 trillion. Unfor...
Binance Has Helped Recover Over $200M in Stolen Crypto
Changpeng Zhao (CZ), the CEO and founder of the popular cryptocurrency exchange Binance, revealed in an Interview with Financial Times that the company has helped to recover over $200 million of stole...
Fidelity Investments to Allow Employees Save Bitcoin in 401(k) Accounts
US-based financial services company Fidelity Investments said it would allow investors to add Bitcoin (BTC) to their 401(k) retirement savings accounts later this year. Fidelity Launches Bitcoin Reti...
U.S. Attorney Charges Griffith’s Partners For Conspiracy Against The United States
The Southern District of New York, through its Attorney General Damian Williams, has issued charges against two European nationals for allegedly conspiring to help North Korea evade U.S. sanctions. Th...
Bitcoin Sustainable Energy Mix Tops 58% as Network Becomes Greener
A recent survey report by the Bitcoin Mining Council (BMC), a voluntary global group of bitcoin miners who are committed to the network and it’s core principles, has revealed that Bitcoin mining is be...
Five Powerful Ways Elon Musk’s Twitter Could Affect Crypto
Tesla’s CEO and billionaire, Elon Musk, has now acquired the popular social media app, Twitter. The acquisition comes after the tech billionaire had earlier declined an offer to become a board member ...
Crypto Exchange Kraken Obtains Full Financial License in Abu Dhabi
Popular cryptocurrency exchange Kraken has secured a Financial Services Permission (FSP) license from Abu Dhabi Global Market (ADGM) to operate as a regulated virtual asset exchange platform in its ju...
ETH Briefly Flips $2,800 as $200 Million got REKT
A few minutes to the time of writing, Ethereum experienced increased sellers’ congestion that brought it as low as testing its 30-day low. The $2,800 support broke under intense pressure but rebounded...
B Capital-Backed Crypto Exchange Zipmex Partners With Australian Football And Rugby Teams
Marcus Lim, cofounder and CEO of Zipmex. COURTESY OF ZIPMEX Zipmex, a Southeast Asian crypto trading platform, has joined forces with teams from Australia’s A-League Men soccer league and National Rug...
Solana-based DEX Lifinity Raises $9.6M in IDO
Lifinity, a Solana-based decentralized exchange, raised $9.6 million in a recently concluded initial decentralized offering (IDO). The project raised the amount from over 2400 contributors representin...
Market Trend Hints at ETH Retesting $2,800.
Ethereum started the week losing almost 5% but recovered as the it found support at $2,880. It closed that session gaining a few percent. Ether saw more uptrends on Tuesday as it also closed a little ...
Cardano-based Hoskinsea Sells out 80% Allocated Token as Private Sale Ends in Few Hours
Hoskinsea marketplace is the largest NFT marketplace on the Cardano network. The platform is set to put in place all the advanced functionalities of NFT marketplace drawing some of its features from o...
Binance Recovers $5.8 Million From Axie Infinity’s Stolen Funds
Leading cryptocurrency exchange Binance said it has recovered $5.8 million linked to the recent hack of popular blockchain gaming project Axie Infinity. Binance Recovery of Nearly $6 Million Changpeng...
What is Sweatcoin? An All-in-One Guide for Beginners
Sweatcoin is a move-to-earn digital currency project targeting fitness enthusiasts. It’s designed to make fitness tracking as simple as possible while also rewarding users who achieve certain goals su...
Tron Sees a 15% Increase as KNC Extends Its Uptrend
The crypto market has maintained above $1.9 trillion over the past 24 hours as Tron experiences a 15% increase. Although there has been notable resistance at $1.93T, we observed that sector maintained...
How to Buy Bitcoin (BTC) with SEPA (EU) in 2022
You can buy Bitcoin (BTC) with SEPA using any reliable trading platform. The process typically involves transferring funds from your bank account via SEPA to a centralized exchange that handles the co...
Crypto Exchange Binance to Limit Services to Russian Users
Leading crypto exchange Binance said it will be restricting its services to Russian users in a bid to comply with the European Union (EU) fifth package of sanctions against Russia for its invasion of ...
Ripple CEO Claims Bitcoin Maximalism is Taking Crypto Backward
Ripple CEO Brad Garlinghouse revealed in a recent interview with CNBC that tribalism around Bitcoin (BTC) and other cryptocurrencies is hindering the growth of the entire crypto industry. Garlinghouse...