Cypher Capital, a Dubai-based venture capital firm, announced on Wednesday a $100 million seed fund for the purpose of investing in digital assets including cryptocurrencies. Cypher Capital Raises $10...
Tag: crypto news
New York Bill to Ban Bitcoin Mining Passes Senate Environmental Committee
Members of the New York State Assembly’s Environmental Conservation Committee voted to continue with legislation that would ban Bitcoin’s proof-of-work (PoW) mining operations in the state for a perio...
Thai SEC Bans Crypto Payments, Cites Negative Economy Impact
The Thai Securities and Exchange Commission (Thai SEC) said it has banned the use of cryptocurrencies as payment methods for goods and services, saying that it has a negative impact on the country’s f...
Bored Ape and CryptoPunk NFTs Owner Yuga Labs Hits $4B Valuation After Raising $450M
Yuga Labs, the brains behind the renowned Bored Ape Yacht Club (BAYC), has raised $450 million in a funding round to invest in its metaverse gaming project dubbed Otherside. Yuga Labs Raises Funds fo...
ECB Strongly Warns Crypto Firms Against Helping Russia Evade Sanctions
The European Central Bank (ECB) has warned cryptocurrency-related firms against helping Russia bypass financial sanctions placed on the nation in the wake of its ongoing conflict with neighboring Ukra...
Crypto.com Named As Official Sponsor of 2022 FIFA World Cup
Mainstream crypto exchange Crypto.com has landed another sports landmark sponsorship deal, this time with the Federation Internationale de Football Association (FIFA), the highest governing body in wo...
Apecoin Jumps 15% as Ethereum Classic Aims for $50
Apecoin has surged by more than 15% over the last 22 hours. The intraday session kicked off with the token trading at $10.5 but is worth $12.3 as at press time. The most recent increase in price is an...
Unknown User Loses 3 Bored Ape NFTs (Worth $900k) to Wallet Phishing Website
An NFT owner with the Twitter username, Black Apple just lost three of his BAYC NFTs worth $900,000 in ETH to a wallet phishing website. The attack was first identified and reported by Zachxbt via a t...
Goldman Sachs Announces Major OTC Crypto Trade With Galaxy Digital
To further move into the developing digital assets derivatives market, the American multinational investment bank, Goldman Sachs Group announced its first over-the-counter (OTC) crypto options trade w...
ETH Flips $3,000 But Still At Risk of Further Downtrend.
A few hours to the time of writing, Ethereum flipped the $3,000 resistance for the first time since March 3. We saw several attempts at the critical level fail last week. The latest test saw the large...
How Translation Services Can Help You Be Compliant with Local Crypto Laws
Last December, the global crypto market reached an estimated market capitalization of $2.21 trillion. But many countries are still wary of using cryptocurrency, and some have imposed strict regulation...
FTX Partners Tennis Star Naomi Osaka to Bring More Women Into Crypto
Popular cryptocurrency exchange FTX announced today a long term partnership with four-time Grand Slam singles tennis champion, Naomi Osaka. FTX Partners With Naomi Osaka The partnership will see the t...
Comparing the Bancor V3 AMM Model With a Regular DEX AMMs
The blockchain and cryptocurrency ecosystem has experienced enormous growth in value and mass adoption rates. The launch of decentralized finance (DeFi) led to the explosive growth of protocols and pr...
LunaFi Launches Betting Protocol With Decentralized House Pools
LunaFi is the decentralized betting protocol that allows anyone to provide liquidity and “become the house” and earn a share of profit gathered from betting activity on the protocol. The betting space...
Malaysian Ministry Says Bitcoin Is the Future of Finance, Calls for Legalization
The country’s deputy minister of communications and multimedia believes that crypto is the “future of finance.” Malaysia’s Ministry of Communication and Multimedia, through its deputy, Datuk Zahidi Za...
Asia’s First ETF Will Launch in India by End of Fiscal Year
Since November 2021, investors in India have been able to take positions on the cryptocurrency market without having to “put skin in the game,” which means that they have the option to actively partic...
Binance Wins Crypto License In Bahrain Amid Middle East Expansion
Binance processed $504 billion worth of spot trades of cryptocurrencies in January alone, according … [+] to data provider CryptoCompare. SOPA Images/LightRocket via Getty Images Binance, which ...
Michael Saylor’s MicroStrategy Splashes Another $25 Million on Bitcoin
Leading business intelligence and software company MicroStrategy recently acquired an additional 660 bitcoins between the periods of December 30th 2021 and January 30th 2022. Per the Tuesday announcem...
Solana Labs Debuts New Crypto Payments Infrastructure Solana Pay
Solana Labs, the technology company working to help advance the Solana ecosystem, has recently announced the launch of a new payment infrastructure designed to allow merchants to accept crypto payment...
Top Five Cryptocurrencies to Watch This Week: BTC, AVAX, MATIC, FTM, MANA.
The past week has seen the crypto market experience relative stability with more hikes. The industry was worth $1.61 trillion at the start of the seven-day period but is valued at $1.66 at the end. Th...
Gemini Becomes Lead Sponsor of Peter McCormack’s Real Bedford FC
New York-based crypto exchange Gemini recently announced that it has entered a sponsorship deal with Real Bedford FC, the English football club owned by popular bitcoin investor and podcast host, Pete...
Solana-based dApps Soar in Usage as Network Recovers
Decentralized applications (dApps) built on the Solana network have recently witnessed a massive surge in daily transactions, with the Pyth oracle network hitting over $37 million daily transactions. ...
Hackers Drain Over $80 Million From Qubit Finance
Binance Smart Chain-based lending protocol, Qubit Finance, has lost over $80 million worth of crypto assets to hackers, according to a discovery by blockchain security firm, Peckshield. “It seems the ...
Binance Exec Says Russia’s Crypto Decision is Crucial to Regional Expansion Plans
Binance hopes for a progressive regulatory approach from Russia on crypto as it will be a determinant of the company’s business expansion plans in the country. According to a Reuters report on Thursda...
Financial Records Show Tesla Still Holds $1.26B Worth of Bitcoin
Electric car manufacturer, Tesla, revealed that it has made no changes to its total bitcoin holding from the end of the last quarter of 2021. In a Q4 earnings report published on Wednesday, the compan...
Crypto Firms Gemini, Celsius & Voyager Under SEC Probe for Offering Lending Services
As part of an investigation into companies that pay interest on virtual token deposits, the U.S. Securities and Exchange Commission (SEC) is scrutinizing crypto lending firms Gemini Trust Co, Celsius ...
Axie Infinity Finally Launches $RON Token for Gaming-focused Blockchain
Popular Ethereum-based play-to-earn game, Axie Infinity, has recently announced the launch of the highly anticipated RON token. RON is the native token of its sidechain, Ronin. In an official announce...
Sports Fans Bemoan Losses as Crypto Fan Engagement Platform Iqoniq Liquidates
Iqoniq Crypto Company, one of the largest cryptocurrency-based fan engagement platforms, has gone into liquidation, leaving a majority of sporting organizations and sports supporters in big losses, ac...
Canada Can Dominate “Widely Exciting” Crypto Space
Michael Katchen, CEO of Canadian online investment management services company Wealthsimple, recently stated that Canada has what it takes to dominate the crypto space. Describing blockchain technolog...
Capitrade Launchpad Aims to Be the Pioneer of Luna Based Decentralized Fundraising Platform
Capitrade Launchpad operation level and mechanism ensures that every tier level gets allocated. Capitrade Ventures has built excellent ties with influencers and marketing partners, resulting in a cons...
Russia’s Putin Calls for Unity Over Crypto Regulation Dispute
With Russian authorities having diverse views about the threats and opportunities associated with cryptocurrencies, president Vladimir Putin has called on the parties to reach a consensus regarding th...
OpenSea Is Reportedly Working on Solana Integration for NFTs
OpenSea, the world’s largest platform for trading Non-Fungible Tokens (NFT), is reportedly working on integrating Solana and native Web3 wallet Phantom into its platform, according to a tweet by a fam...