NASCAR driver Brandon Williams has been sued in a class action lawsuit filed in the State of Florida, regarding the right-wing linked cryptocurrency “Let’s Go Brandon.” It is alleged in the suit that ...
Tag: Cryptonews
What Is It and How Does It Work? – crypto.news
Decentralized reserve currencies are rising in popularity, disrupting the traditional financial system. Protocols like Nirvana are decentralized reserve currencies on the Solana network. Nirvana take...
EcoTerra Helps the Environment Through Blockchain Technology – crypto.news
EcoTerra proposes an environmental conservation movement by financial strategies through blockchain technology because of the powerful effects of climate change. They are launching a product that uses...
Cardano’s Slow DeFi Growth Faces Criticism But Solutions Are In The Works – crypto.news
Various blockchains and ecosystems can play a vital role in the future of decentralized finance. Cardano’s technology and infrastructure make for a viable candidate, even though some people are vocal ...
Terra Purchases $176M in Bitcoin but BTC Continues to Dip – crypto.news
Terra just bought $176m in Bitcoin today. Luna Foundation is committed to its goal of purchasing $10 billion worth of Bitcoin. Therefore, it became the second biggest holder of bitcoins after Satoshi ...
DeFi Platform Gravity DEX Rebrands, Migrates From Cosmos to Crescent Network – crypto.news
According to reports, the rebrand and move to Crescent foster more innovation to make the renamed DEX the best in the Cosmos ecosystem. The network promises a streamlined migration for investors. Gra...
Sky Mavis to Bear ‘Full Responsibility’ for Axie Infinity’s $625 Million Ronin Hack – crypto.news
A top official at the company behind the play-to-earn game Axie Infinity apologized for security breaches that cost users $625 million in what was potentially the biggest DeFi hack in history. Axie In...
Ripple Scores as New Emails Show Hinman Violated SEC’s Rules – crypto.news
Empower Oversight, a non-profit organization, has shared new documents showing that William Hinman violated the Securities and Exchange Commission’s rules. Previously, the SEC has refused to produce h...
Crypto and Commodities Might Perform Better Than Bonds and Stocks in Coming Months – crypto.news
While the global economy continues to hand on a thin line, individuals believe that crypto might overtake stocks in the next few months. According to a report from the Bank of America warning the publ...
DeFi Protocol Balancer (BAL) Created Wall of Worry Despite Mid-Sized Traders Stopping Their Activities – crypto.news
Santiment tweeted that the $BAL token formed a wall of worry starting mid-March. The prices of $BAL appear to increase despite some negative issues surrounding the token. Since mid-March, the bullish ...
Near Protocol Set to Roll Out Its own Stablecoin ($USN) On April 20 – crypto.news
Near Protocol, an open-source platform for decentralized applications is set to launch $USN, its own stablecoin that brings lucrative APYs to the DeFi ecosystem. The buzz around the algorithmic stable...
Unstoppable Domains – Introducing Web 3 Compatible Digital Identities – crypto.news
Unstoppable Domains is a Web 3 company that is onboarding internet users to the decentralized iteration of the internet through developing blockchain-based domains. These domains can essentially repla...
Tesla and Blockstream Partner for Solar Powered Bitcoin Mining – crypto.news
Blockstream, a Bitcoin startup, and Block (previously Square), a digital payments provider, will use Tesla’s Megapack technology to power a new solar and battery-powered mining center. According to a ...
Discover the Phemex Universe – Win Your Own NFTs – crypto.news
The future of money is here. Grasp it by visiting the all-new Phemex Universe and becoming a Citizen X. Dive into how Phemex and crypto can empower a free tomorrow while competing for a chance to earn...
Crypto Veterans Shed Light on CBDC and Stablecoins Including TUSD, Endorsing Competition in Money Market – crypto.news
The renowned documentary series “The Future is Now” has recently shifted its focus to the blockchain industry. The team produced its first-ever crypto-related documentary titled “Aligning the Future,”...
Robinhood Reveals Plan For Lightning Network Support Over Bitcoin Transactions – crypto.news
Robinhood announced on Thursday of its plans to integrate the Bitcoin Lightning Network into its platform in order to facilitate faster Bitcoin transactions. It also announced that members on its beta...
Polygon Releases Testnet Plans for a New Scalability-Focused Blockchain Called Avail – crypto.news
Polygon has announced its plan to launch the testnet of its new scalability-focused blockchain. According to a Polygon statement, the network dubbed Avail will use the concept of modularity to achieve...
DeFiChain Adds New dTokens Representing MicroStrategy, Disney, Intel, and iShares MSCI China ETF – crypto.news
DeFiChain (DFI) has announced the addition of four new decentralized assets (dTokens), including Walt Disney Co ($dDIS), MicroStrategy Incorporated (dMSTR), iShares MSCI China ETF ($MCHI), and Intel C...
Publicly-Listed Mining Companies Dominate Global Bitcoin Hashrate – crypto.news
The bitcoin (BTC) mining hashrate of publicly-listed mining companies has surged multiple folds in the past year. Fresh research reports suggest that these firms now account for nearly one-fifth of th...
Wei Dai-What Is His Influence in the Crypto Sector? – crypto.news
Wei Dai is a renowned cryptographer who is among the early pioneers of the crypto space. He is also a member of the Cypherpunk group, which is well known for its efforts and contribution to the innova...
XP.NETWORK Joins Tezos Ecosystem as Corporate Baker – crypto.news
OR YEHUDA, ISRAEL – April 8, 2022 – XP.NETWORK, creator of the NFT cross-chain platform that supports more chains than any other NFT protocol, has officially announced plans to expand its involvement ...
NAFSTARS Announces a Successful Fund Raise of $1.7 Million – crypto.news
NAFSTARS, a Polygon-based play-to-earn [P2E] platform that allows users to collect artist branded cards from all around the globe and from every music genre, has announced a successful fund raise of $...
Treasury Secretary Yellen Says Crypto Should Be Regulated Like Traditional Finance Systems – crypto.news
On Thursday, 7th April 2022, Janet Yellen called for crypto regulations to be similar to traditional financial systems. These words come as Jane Yellen and the treasury have been looking for ways to r...
Bybit Crypto Exchange Launches Leveraged Token Products – crypto.news
Bybit cryptocurrency exchange has announced the launch of two new leveraged products dubbed BTC3L and BTC3S, enabling traders to reap the benefits of leveraged trading with no margin, collateral, or l...
Pets Of Elon Announces $POE Token Pre-sale Is Now Live! – crypto.news
Dubai, UAE, April 08, 2022 (GLOBE NEWSWIRE) – Today, they announced that the long awaited POE Token Pre-sale is available now! $POE token is the original currency of the Pets Of Elon project. Pets Of ...
Coinbase Exchange Opens its Doors to Indian Users Amidst Regulatory Uncertainties – crypto.news
Coinbase (COIN) has officially launched its crypto trading service in India, making it possible for residents to buy/sell bitcoin (BTC) and 156 other cryptocurrencies with the Indian rupee (INR). The ...
Loopring Quarterly Report Shows Promising Results in Trading Volume and NFTs Minted – crypto.news
Loopring (LRC), an Ethereum-based protocol for decentralized crypto exchanges, has presented the 2022 Quarterly Updates that indicate the rapid growth in the platform’s trading volume, NFTs minted, an...
First Ever Tweet NFT on Sale for $48 million on Opensea – crypto.news
Earlier today, Sina Estavi announced his offer for a digital copy of Jack Dorsey’s first tweet at about $48million on Opensea. This sale will make the seller 16 times the money they originally paid fo...
Bakkt Inks a Deal With American Bank to Offer Crypto Services – crypto.news
American bank has inked an deal with Bakkt to bring cryptos closer to its customers. The deal entails allowing customers to trade crypto assets on Bakkt through the bank’s financial systems. The partn...