Last week, the crypto market experienced high volatility, a massive price loss, and scams. After a week of these events, the market is starting to recover. The market started to recover on Sunday as i...
Tag: Cryptonews
Brazil’s Stock Exchange Sets its Eyes on a BTC/ETH Futures Contract – crypto.news
A Brazilian stock exchange (B3) intends to introduce Bitcoin and Ethereum futures to investors. The trillion-dollar exchange is optimistic that it will release the futures contracts within the next si...
Fantom’s Scream DeFi Protocol Incurs $35M Bad Debt as Two More Stablecoins Lose USD Peg – crypto.news
The Scream decentralized finance (DeFi) protocol has run into a $35 million dollar bad debt following its failure to adjust the price of the Fantom USD (fUSD) and Dei (DEI) stablecoins on its platform...
Bitcoin Seesaws Around $30k While Wheat Prices Soar after Ban – crypto.news
Earlier today, Bloomberg discussed how bitcoin is still holding $30k when it appears most people expected it to crash further. Haidi Stroud Watts asked, does BTC holding at $30k show some asset resili...
CryptoPunks’ Trading Volume Soared by 371% in 24 Hours – crypto.news
After the rapid decline in the NFT market, investors tend to become more optimistic, signifying the high likelihood of reaching the local bottom and the market restoration in the following weeks. Late...
Crypto Will Start Being Taxed in Portugal, Finance Minister Confirms – crypto.news
A recent report has unveiled Portugal Finance minister’s order, which states that all crypto assets holders will face taxes, after years of the country being considered an offshore for crypto. The sec...
The Dismay of the UST Stablecoin Tenure; An Unexpected Fall – crypto.news
In a very harrowing turn of events for Terra, the blockchain ecosystem has opted to indefinitely halt the trade on its UST and LUNA tokens. The second halt in 24 hours came at a very ominous date, Fri...
LFG Swapped Over 80k BTC for $UST Soon After Stablecoin Lost Peg – crypto.news
On May 16, Wu Blockchain reported that the LFG currently holds a reserve of merely 313 BTC. The announcement came after LFG noted that they converted most of their reserves when UST began to lose its ...
South Korea’s President Faces Retaliation Over New Crypto Policies – crypto.news
New policy announcements by the South Korean government have been met with skepticism from part of the crypto community in the country. Some voices, which had previously lauded the South Korean Presid...
Grayscale Investments Launches Its First European ETF – crypto.news
Grayscale Investments has announced that it will launch its first exchange-traded fund focused on Europe. The Grayscale Future of Finance Exchange-traded fund (UCITS ETF (ticker: GFOF)) seeks to track...
SBI Holdings to buy controlling stake in BITPoint for about $99 million, Cryptonews reports
Japanese securities and banking giant SBI Holdings will buy a controlling interest in BITPoint Japan, a crypto trading platform and domestic rival of SBI VC Trade, from its parent company, Cryptonews ...
Bitcoin Briefly Recovers as Holders Maintain Positivity on Further Rise – crypto.news
Bitcoin briefly recovered above the $30,000 level and its 100-hour simple moving average. The top crypto by market capitalization has had a rough past week as its price nosedived below the $25K level,...
A Next-Gen Digital Finance Platform offering a 1,288 USDC Free Coupon and Maximum $55 in Referral Incentive – crypto.news
Cryptocurrencies are creating unprecedented opportunities for everyone, regardless of their geographical location. Anyone can make investments in crypto, and it doesn’t matter their experience, geogra...
Crypto Regulation Is Finally Coming but Will It Provide the Clarity Compliance Craves and in the Right Areas? – crypto.news
The cryptocurrency market has continued to expand from the types of coins and use cases to the number of participants and the crazy volatility – crypto is crossing over and becoming a permanent consid...
Maker (MKR) Spikes by 61% due to Whale Activity Reaching All-Time High – crypto.news
Maker’s MKR has risen by over 61 percent, according to Santiment feed, as the overall crypto market dips further. Sentiment on Twitter reported that the significant hike could be attributed to a recen...
Gate.io and the Gate Token (GT) – crypto.news
Gate.io is a crypto exchange platform that allows for trading a wide selection of crypto assets but does not offer services in certain countries like Canada and the US. The exchange has one of the mos...
Hashstack Shifting the TradFi & DeFi Paradigms with Under-Collateralized Loans – crypto.news
HashStack is aiming to bring a paradigm shift to the traditional finance (TradFi) and decentralized finance (DeFi) ecosystems by making under-collateralized loans accessible to both the unbanked and u...
Fostering Mainstream DeFi Adoption and Accessibility – crypto.news
It’s no news that decentralized finance (DeFi) is one of the fastest-growing sectors in the crypto and blockchain technology ecosystem, with the combined total value locked (TVL) in DeFi protocols sit...
What Are Music NFTs & How Do They Work? – crypto.news
Non-fungible tokens (NFTs) are unique cryptographic tokens recorded on a blockchain that represent items such as art, contracts, images, books, and even, music. The introduction of NFTs has shed light...
How Fake Currency Has Been Used to Sabotage Economies – crypto.news
Samuel Curtis Upham might not be a household name outside of American history circles. But the Philadelphia shopkeeper was very important during the American Civil War. He printed more than $15 millio...
US Prosecutors Call For 1 Year Minimum Prison Sentence on BitMEX Co-founder – crypto.news
US prosecutors believe that Arthur Hayes, the Co-founder of BitMEX, should be jailed for longer than a year after pleading guilty to anti-money laundering violations. Mr. Hayes made a plea deal that s...
Blackrock Abandons China, Sunac Liquidity Crisis, and Unemployment Rises in China – crypto.news
China’s economy is experiencing one of its most challenging times. One of the leading American-based investment companies, Blackrock, recently abandoned China’s bullish call. The Multinational company...
Bancor 3 Goes Live With No Deposit Limits on Its Liquidity Pools – crypto.news
Bancor 3 has introduced a number of new architectural modifications and features, including Omnipool, rapid impermanent loss protection, and others. DAOs and their token holders will benefit from the ...
Nomura Securities to Offer Bitcoin OTC Derivatives – crypto.news
Earlier today, Japan-based financial services provider Nomura Securities announced that it would be offering over-the-counter bitcoin derivatives to its customers. Nomura Securities Turns to BTC Deri...
DeFi Platforms Blizz Finance and Venus Protocol Count Their Losses – crypto.news
The entire funds in the liquidity pools of Blizz Finance and Venus Protocol DeFi platforms have been drained by attackers. Blizz claims Chainlink’s decision to pause the LUNA price feed during the tok...
Ethereum Back Above $2K After a Long Week of Turbulence as Altcoins Recover – crypto.news
Ethereum found support near $1,700 against the US Dollar and started a recovery wave, climbing above the critical $2,000 resistance zone. The second-ranked crypto by market cap had crashed 35%, sendin...
What Are Crypto Casinos and How Do They Work? – crypto.news
Crypto casinos are online casinos that accept cryptocurrency as a form of payment. Bitcoin is the most popular form of cryptocurrency, but others include Ethereum and Litecoin. Crypto casinos usually ...
The TRON Grand Hackathon 2022 Returns for Season 2 – crypto.news
Geneva, Switzerland / May 13 / – TRON DAO and BitTorrent Chain (BTTC) are gearing up for Season 2 of the TRON Grand Hackathon 2022, with registration beginning Monday, May 16. The Hackathon is part of...
UAE’s Emirates Airlines Set to Accept Bitcoin Payments In Future – crypto.news
Recently, UAE’s Emirates Airlines announced plans to accept Bitcoin as a payment option when offering services. The Airlines will also be launching NFT collectibles and a metaverse as they strive to ...
Crypto Regulations in London Continues to Mature as Brexit’s Glitches Fade – crypto.news
Fortunes have turned as London is set to finally recover from Brexit effects that have plagued its economy. This change in fortunes comes in the form of government initiatives. These initiatives aim t...
Investors’ Speculation that El Salvador won’t Pay Debts in January is Flawed, Here’s Why – crypto.news
Speculations have risen, questioning whether El Salvador will be able to meet its financial obligations come January. These Rumors ensued when El Salvador bought more of BTC in the recent market cras...