The year 2022 has registered a major drop in the total valuation of the Global cryptocurrency industry. However, the recent collapse of the Terra chain has raised many questions about the reliability ...
Tag: Cryptos
5 cryptos that investors are rushing to invest in this month: Polygon (MATIC), Solana (SOL), Gnox Token (GNOX), Tron (TRX) and FTX Token (FTT)
As cryptocurrencies gain popularity, more and more options become available. With over 10,000 cryptocurrencies available for investment, determining the best cryptocurrency options can be extremely di...
Billionaire Bill Gates Reveals Why He Does Not Invest In Bitcoin, Other Cryptos ⋆ ZyCrypto
Advertisement     The world’s richest men are split on cryptocurrency, and recent statements from Bill Gates reveal that he remains skeptical of the asset class. Despi...
Cryptos Mixed Amid Choppy Trading, Bitcoin Activity Slows
●Bitcoin (BTC): $30,300, +0.90% ●Ether (ETH): $1,823, +0.35% ●S&P 500 daily close: 4,177, +1.84% ●Gold: $1,873 per troy ounce, +1.62% ●Ten-year Treasury yield daily close: 2.91% Bitcoin, ether and...
Crypto-Mining Malware Steals $1.7 Million From Transaction Hijacking
Analysts from the Broadcom-owned cybersecurity company Symantec have identified a new cryptocurrency mining malware called Clipminer that stole nearly $2 million by hijacking crypto transactions, Blee...
Crypto’s Rise Could Change Fed’s Monetary Policy, Says Top Bank Exec
John Williams – President and CEO of the Federal Reserve Bank of New York – believes the institution should closely monitor the transformations of the cryptocurrency industry and, if needed, make nece...
White House Working on Policy to Lower Bitcoin Energy Use
The White House is working on policy recommendations to control Bitcoin energy consumption and carbon footprints in the United States, Bloomberg Law reported Thursday. The move comes after a series of...
Cardano Hits $42.5M in Monthly Transactions, On-Chain Analysis Reveals
Despite the bearish trends in the crypto market, transactions on Cardano went up by 7.74% in May, reaching a total of $42.5 million, a recent on-chain analysis revealed. Cardano On-chain Activities U...
Blockchain Firm InfStones Nears Unicorn Status After Raising $66 Million
Blockchain infrastructure provider InfStones announced on Wednesday it has raised $66 million in a just-concluded funding round led by SoftBank Vision Fund 2 and GGV Capital. Other investors in the mo...
Binance Labs Launches $500M Fund Focused on Web3 Opportunities
Binance Labs, the investment arm of the leading global cryptocurrency exchange Binance, announced Wednesday that it has launched a $500 million fund to bolster web3 and blockchain ecosystems. The $50...
Is Solana Down? Network Suffers Fresh Downtime Amid Market Decline
The Solana mainnet has suffered a major outage in the hours leading up to press time. The outage was attributed to a bug that caused Solana node operators to start “generating different results for th...
KuCoin Exchange Announces KuCoin Wallet as a Holistic Web-3.0 Access Instrument
KuCoin – a leading global cryptocurrency exchange platform, launched its latest product – KuCoin Wallet. The decentralized digital asset storage application will be launched in late June, with its off...
Crypto Deals Boost NBA Sponsorship Revenue to $1.6B for 2021/2022 Season
Crypto deals helped the National Basketball Association (NBA) to reach an all-time high revenue of $1.6 billion in sponsorships for the 2021/2022 season, CNBC reported Wednesday. NBA Revenue Hits ATH ...
3 DeFi Cryptos For Long-Term Holders: Logarithmic Finance (LOG), TRON (TRX), And Polkadot (DOT)
– Advertisement – Decentralized Finance (DeFi) and decentralized tokens have been taking over the crypto world. DeFi allows users to perform faster and more seamless transactions without t...
South Korea Plans to Establish Crypto Regulatory Policies to Prevent Another Terra-like Crash
A week after South Korea’s Financial Services Commission (FSC) called for a global alliance to work together to scrutinize cryptocurrencies, the country said it plans to set up regulatory policies for...
What Is a Crypto Airdrop? How to Milk and Get Rich From It
A cryptocurrency airdrop is a process through which new or existing projects send out portions of their coins/tokens to the wallet addresses of many users who qualify to receive them. Some projects re...
Bangkok Police Arrests Six Men for Cryptocurrency Scam
The Nation Thailand on Tuesday disclosed that the Police Cyber Taskforce (PCT) of Bangkok has arrested six Taiwanese men for allegedly engaging in cryptocurrency fraud. According to the report, the s...
The Commission Says it Cannot Admit or Deny If Bill Hinman is Actually in the Video
As the long-running legal war between the United States Securities and Exchange Commission (SEC) and Ripple continues, we regularly get new portions of Ripple news. The Commission said it could not co...
Could These Cryptos Provide Returns This Summer? VeChain (VET), Sanzooz Finance (SZFT), and Elrond (EGLD)
Place/Date: – May 31st, 2022 at 2:07 pm UTC · 4 min read Source: Sanzooz Finance Given the wealth of options cryptocurrency investors have due to a large number of token launches, it is easy for...
Singapore to Explore Digital Asset Use Cases in New Pilot Program
The Monetary Authority of Singapore (MAS) announced Tuesday the launch of a pilot program dubbed “Project Guardian” to explore use cases for digital assets in asset tokenization and decentralized fina...
‘Doomed To Collapse’—Ethereum Creator Blasts These Cryptos As Price Of Bitcoin, Ethereum, BNB, XRP, Terra’s Luna, Solana, Cardano, Dogecoin Turn Mixed
After eight consecutive weeks of red candles, we’re starting to see some signs of a potential recovery. The price of bitcoin soared 7.8% over the past week. XRP is up 3.1%, cardano 27.4%, dogecoin 3.5...
Cardano climbs 29% in a day becoming the 2nd biggest gainer among top 100 cryptos
Cardano (ADA), which is presently the second-highest gainer out of the top 100 currencies, with its 29% increase on the day, is one of the many significant digital assets that are on the rise as the c...
Crypto Startup Merge Raises $9.5M to Develop Its API Payments Platform
London-based crypto payments infrastructure provider Merge announced Monday it has raised $9.5 million in a seed funding round led by investment management company Octopus Ventures. Other investors in...
Russia Goes Bullish On Bitcoin As It Mulls Using Cryptos For International Transactions ⋆ ZyCrypto
Advertisement     Russia’s ministry of finance is considering the possibility of using cryptocurrencies like Bitcoin in conducting international payments. According to...
Ethereum Merge Test on Ropsten Successful, as Mainnet Inches Closer
Ethereum developers have recorded another milestone on the path to switching the network to a proof-of-stake (PoS) consensus mechanism. On Monday, developers successfully deployed the new Ethereum bea...
Balenciaga’s Acceptance of BTC and ETH Payments Shows Crypto’s Fast-Moving Pace In The Fashion Industry ⋆ ZyCrypto
Advertisement     Crypto adoption in the fashion industry is on the rise. French fashion house Balenciaga has joined the train as it accepts crypto for payments. Balen...
Crypto’s youngest investors hold firm against headwinds — and headlines
These can be anxious times for holders of cryptocurrencies, especially those who entered the market in late 2021 when prices were cresting. Bitcoin (BTC), Ether (ETH) and especially altcoins now appea...
What does the future of Cryptos look like?
In recent months, the price of cryptocurrencies like Bitcoin has fallen massively. Bitcoin recently fell below the $30,000 mark. Ethereum also lost massively and crashed below the $2,000 mark. The bea...
Binance Becomes a Registered Entity in Italy Amid Europe Expansion Plans
The world’s largest crypto exchange by trading volume, Binance, has received approval from Italian regulator Organismo Agenti E Mediatori (OAM) to operate as a virtual asset service provider in the co...
Terra Luna 2.0 Launches; Price Fails to Impress (Down 70%)
A few weeks after Terra’s blockchain fiasco that saw TerraUSD (UST) lose its peg to the U.S. dollar and its sister token, LUNA crashing, the team behind the project has now launched a new Terra networ...