The embattled crypto lender Celsius Network Ltd. has lost another top member as co-founder Daniel Leon resigned this week. The crypto lender that filed for bankruptcy early this year said in a stateme...
Tag: news
Decentralized Web3 Protocol Golden Raises $40 Million Backed by A16z – Defi Bitcoin News
Golden, a startup that seeks to build a decentralized data hub, has raised $40 million dollars in a Series B funding round. The round, which was led by a16z crypto, will allow the company to keep buil...
Mastercard to Float New Compliance Product alongside CipherTrace
American multinational financial services corporation Mastercard has partnered with its newly acquired subsidiary, CipherTrace, to launch a new product called Crypto Secure that helps banks assess the...
EU Policymakers Vote for Blockchain Use to Fight Tax Evasion, Crypto Asset Non-Taxation
On Tuesday, the members of the European Parliament (MEPs) voted in favour of a resolution that calls for the use of blockchain technology to fight tax evasion and urges member states to coordinate mor...
Billionaire Hedge Fund Founder Ray Dalio Steps Down as Co-CIO of Bridgewater Associates – Bitcoin News
Billionaire hedge fund founder Ray Dalio has stepped down as chief executive of Bridgewater Associates, according to a transfer of voting rights on September 30. Bridgewater’s co-chief executive expla...
$4 Billion Laundered by Criminals through DEXs, Elliptic Report Shows
Blockchain analytics and security firm Elliptic has shown that criminals operating in the crypto ecosystem explore decentralized solutions in more ways than is known. Through its latest report titled...
SEC Chair Gensler Insists Most Crypto Tokens Are Securities — Says ‘the Law Is Clear’ – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated that most crypto tokens are securities, emphasizing that “the law is clear on this.” However, the Commod...
The NFT News on Snoop Dogg’s son
In today’s NFT News, one cannot miss Cordell Broadus (Snoop Dogg’s son) launching The Champ Medici Lounge for the first time in Asia, inspired by his Champ Medici, Bored Ape’s Non-Fungible Token. Not ...
Telegram Launches P2P Trading in Advancement of TON Project
Social media giant, Telegram has launched its latest crypto trading service, giving users the flexibility with which to acquire both Toncoin (TON) and Bitcoin (BTC). As reported by Blockworks, Telegra...
Top US Regulators Urge Congress to Pass Legislation on Crypto Assets – Regulation Bitcoin News
The U.S. Financial Stability Oversight Council (FSOC), a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary...
NFT Collection Veefriends Physical Collectibles to Debut at Macy’s and Toys’R’Us – Bitcoin News
In recent times, non-fungible tokens (NFTs) and their physical counterparts have started to debut at well known retail stores and luxury boutiques. On October 4, the NFT project called Veefriends reve...
To Avoid a Global Recession the Fed Should Ease Interest Rate Hikes – UN Report
Caution should not be thrown to the wind when it comes to tightening fiscal and monetary policies because this could trigger a global recession, according to a UN agency report. The Trade and Developm...
Pro-Russian Groups Raised $400,000 in Crypto Since Ukraine Invasion, Report Reveals – Bitcoin News
Groups supporting Russia’s war effort in Ukraine have been actively collecting cryptocurrency to fund paramilitary operations and evade sanctions, researchers say. According to a new report, these org...
Sorry, This Bear Market Is Probably Only Two-Thirds Over
Stocks rallied sharply Monday and Tuesday and a number of Real Money subscribers emailed me asking whether it was time to move back into stocks. The question is understandable as I have been recommend...
Assets Belonging to Troubled Crypto Lender Celsius to go Under the Hammer
Celsius Network Ltd, a troubled and bankrupt crypto lender, has disclosed the auction dates for its assets. Based on a filing with the US Bankruptcy Court for the Southern District of New York, the de...
Bankrupt Crypto Lender Celsius’ Asset Sale Is Scheduled, Sources Say FTX CEO May Bid – Bitcoin News
According to a filing published by the U.S. Bankruptcy Court for the Southern District of New York, the crypto lending firm Celsius has been given a final bid deadline of October 17, 2022. Following t...
ARK Investment Launches Its First Crypto Managed Account for RIAs
Independent managed account provider Eaglebrook Advisors has announced a partnership with Ark Invest to develop the ARK Cryptocurrency Strategy and ARK Crypto Asset Strategy. Cathie Wood’s investment ...
NYSE Halts Twitter Trading After Report Says Elon Musk Plans to Follow Through With Acquisition – Bitcoin News
According to reports, Tesla’s Elon Musk now plans to purchase Twitter Inc. for the original asking price of $54.20 a share. Twitter’s shares surged following the news and climbed nearly 20% higher and...
Moonbirds DAO Prepares for Launch With $2.6M Seed from Kevin Rose’s Proof
Moonbirds, a popular non-fungible token (NFT) collection has announced plans to introduce its DAO (decentralized autonomous organization) community governance in early 2023. The project’s founder and ...
SHIB News: Can Shiba Eternity Day Pump Shiba Inu Token?
On October 6th, 2022, a highly popular game over the Shiba Inu ecosystem—Shiba Eternity—is scheduled for launch. The success of the game is expected to bring unprecedented benefits for Shiba Inu, at l...
Mastercard Debuts Blockchain Surveillance Tool for Banks and Crypto-Centric Card Issuers – Bitcoin News
On Tuesday, the multinational financial services corporation Mastercard revealed that it is launching a new crypto monitoring product called Crypto Secure. The Crypto Secure software aims to leverage ...
Binance Signs New MOU With Kazakhstan as it Looks to Fight Crimes
Binance exchange, arguably the largest trading platform by trading volume has signed its second Memorandum of Understanding (MoU) with Kazakhstan. As announced by the company, the latest partnership w...
MATIC Hits 3-Week High, LINK up Almost 10% – Market Updates Bitcoin News
Polygon raced to a three-week high during today’s session, as bullish sentiment returned to cryptocurrency markets. Chainlink was also in the green, as the token surged for a second straight day, risi...
Tether Boosts US Treasury Holdings Behind USDT, Further Reducing Commercial Paper
Tether, the crypto firm behind USDT stablecoin, on Monday, announced that it has increased its holding of U.S. Treasuries to 58.1% of its total portfolio while reducing its commercial paper holding to...
UN Report Urges Fed to Suspend Interest Rate Hikes, Presses for ‘Public Spending’ Increases – Economics Bitcoin News
The United Nations Conference on Trade and Development (UNCTAD) has warned that the U.S. Federal Reserve’s interest rate hikes and the slew of other central banks raising rates, could pose harm to the...
BTC Back Above $20,000, USD Hits 2-Week Low – Market Updates Bitcoin News
Bitcoin was back above $20,000 on Tuesday, as the U.S. dollar fell to its lowest point in two weeks versus several G7 currencies. The stronger dollar has impacted purchasing power in cryptocurrencies,...
NYDIG has Raised $720 Million for its Institutional Bitcoin Fund
As of Oct. 3, New York-based digital investment group NYDIG said it has raised $720 million for its institutional bitcoin fund, according to filings with the U.S. Securities and Exchange Commission. O...
BIS Caps Banks’ Crypto Exposure at 0.01%, Great News for Crypto – crypto.news
According to a recently released report by the Bank for International Settlements, the global banks’ crypto exposure currently stands at around 0.01%. While the numbers seem too low, this is a very pr...
Cryptocurrency Is Losing Popularity as Investment Vehicle in US, According to Bankrate Survey – Bitcoin News
The popularity of cryptocurrency as an investment vehicle is dwindling in the U.S., according to a survey made by Bankrate. The survey found that trust in crypto has diminished across several groups, ...
Crypto Miner Merkle Increases Hash Rate 9x to 3.1EH/s in 8 Months
Bitcoin miner Merkle Standard has formed a joint venture with Bitmain, one of the world’s largest Bitcoin mining equipment manufacturers, to increase its total computing power, or hash rate, from abou...
The Coorest Carbon Standard Now Officially Certified – Press release Bitcoin News
press release PRESS RELEASE. Coorest, a Polygon-native project, is the first blockchain project to have a certified standard for carbon compensation entirely on-chain — allowing anyone with an interne...