Bloomberg reported Wednesday that legislation to regulate stablecoins being drafted in the U.S. House of Representatives would impose a two-year ban on new algorithmic stablecoins similar to TerraUSD ...
Tag: news
Federal Reserve Hikes Benchmark Bank Rate by 75bps to Battle Elevated Inflation – Economics Bitcoin News
The U.S. Federal Reserve raised the federal funds rate on Wednesday afternoon by three-quarters of a percentage point. The central bank’s move follows the consumer price index (CPI) report last week t...
Startup Nilos Raises $5.2M in Funding Round for Business Development
Crypto startup Nilos has raised $5.2 million in a funding round led by Viola Ventures and Fabric Ventures. According to an announcement from Wednesday, other investors who took part in the funding rou...
World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices – Mining Bitcoin News
The world’s largest producer of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the company is offering a discount on Antminer S19 Pro mining rigs. Th...
Top crypto news of the day – September 21st
Ibiam Wayas Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general p...
Indonesia to Update Govt Rules for Crypto, Implement More local Control
Indonesia could see new rules for crypto asset exchanges. The South Asian country’s trade ministry is planning to issue new rules to govern crypto exchanges that will require two-thirds of the b...
XRP Remains Close to 4-Month High, as LTC Rebounds on Wednesday – Market Updates Bitcoin News
XRP remained close to a four-month high on Wednesday, following a recent breakout of a key resistance level. The token was above $0.4000 for a second consecutive session, which happened for the first ...
Crypto Firms Spent Over $3B on Sports Ads, Research Shows
Crypto firms are eyeing this sector to harness a new generation of investors, according to a study by Safe Trade Binary Options. The financial information website revealed that crypto firms have used ...
Crypto Exchange Kraken Backs Enterprise-Grade Liquid Staking Protocol – Bitcoin News
On Tuesday, the liquid staking firm Alluvial revealed a consortium of organizations will collaborate on the “first enterprise-grade multi-chain liquid staking protocol.” Alluvial’s announcement detail...
Colorado Becomes First US State to Accept Crypto as Tax Payments
Colorado has set the ball rolling as the first U.S. state to offer residents the option of paying taxes using cryptocurrencies. Governor Jared Polis made the announcement, noting that it was a steppin...
BTC, ETH Consolidate as Some Expect Fed to Hike Rates by 1% – Bitcoin News
Bitcoin fell below $19,000 on Wednesday, as markets prepared for a potential 100 basis point interest rate hike from the United States central bank. Although the consensus for a rate increase remains ...
Nova Labs Partners with T-Mobile To Rollout Crypto-Powered 5G Service
Nova Labs, the company behind Helium network, a decentralized peer-to-peer (P2P) 5G wireless network that provides connectivity for random IoT devices, announced a five-year partnership deal with wire...
World’s Largest NFT Marketplace Opensea Reveals Drop Improvements, Arbitrum L2 Support – Blockchain Bitcoin News
The largest non-fungible token (NFT) marketplace by sales volume, Opensea, has announced a new “immersive and secure minting experience” by giving NFT creators the ability to showcase “collections wit...
CoinShares to Launch Algorithmic Trading Platform for Retail Traders
CoinShares is planning to launch an algorithmic trading platform for retail traders. The European-based digital asset manager’s new platform HAL will provide retail traders access to a range of ...
Africa-Focused Crypto Exchange Yellow Card Raises $40 Million via Series B Round – Africa Bitcoin News
Africa-focused crypto exchange Yellow Card recently revealed it has closed its $40 million Series B funding round. The exchange’s announcement of its latest capital raise comes just over a year after ...
Finally some news on STEPN
The move-to-earn health app STEPN and the brand-new metaverse GigaSpace have formed a strategic alliance to create a digital STEPN Metropolis for their respective communities. GigaSpace is creating a ...
Maple Finance Loans $300m to help Struggling Bitcoin Miners
Maple Finance, Australia-based Decentralized finance (DeFi) firm for institutions to borrow from Liquidity Pools funded by the DeFi ecosystem, announced on Tuesday that it has launched a $300 million ...
Chinese Currency Breaches 7:1 Exchange Rate Against US Dollar for First Time in Two Years – Economics Bitcoin News
The offshore exchange rate of China’s fiat currency versus the U.S. dollar recently breached the 7:1 mark for the first time in over two years, after it touched a new 2022 low of 7.0188 yuan for every...
Kraken Joins Liquid Collective, Consortium Supports Liquid Staking to Institutional Investors
Crypto exchange Kraken has joined a consortium meant to support and build an enterprise-grade liquid staking protocol dubbed Liquid Collective. Alluvial, the operating company undertaking the protocol...
Binance to Open Two Offices in Brazil, Company Hints at Debit Card Launch – Exchanges Bitcoin News
Binance, one of the biggest crypto exchanges by volume traded, has announced its expansion plans for Brazil. The exchange will open two new offices in the country to host 150 employees, who will be ab...
Despite Market Crash, MicroStrategy Buys 301 Bitcoins Worth $6 Million
MicroStrategy has done it again. The Virginia-based business software company has bought additional 301 Bitcoins worth around $6 million to its balance sheet. According to a filing with the U.S. Secur...
Hong Kong Real Estate Tycoon-backed C Capital Plans to Raise $500m to Invest in Digital Assets
C Capital, a fund owned by Hong Kong real estate tycoon and heir to the wealth of the Chow Tai Fook family, Adrian Cheng, plans to raise $500 million in the next 18 months to invest in blockchain asse...
DeFi Protocol Wintermute Suffers $160M of Hack: CEO
Cryptocurrency market maker and Decentralized Finance (DeFi) lending protocol Wintermute has been hacked with over $160 million lost. In a Twitter update shared by Evgeny Gaevoy, the protocol’s co-fou...
Guggenheim’s Scott Minerd Discusses ‘Greatest Investing Opportunity’ — Warns Stocks Vulnerable to Further Declines – Markets and Prices Bitcoin News
The chief investment officer of asset management firm Guggenheim, Scott Minerd, says that the current market has delivered “the greatest investing opportunity of a generation.” He also warned about so...
Nasdaq to Offer Institutional Crypto Custody Services
The world’s second-largest brokerage, Nasdaq Global Select Market, is reportedly on track to dive deeper into the digital currency ecosystem with preliminary plans to offer custody services for Bitcoi...
Tuesday, September 20. Russia’s War On Ukraine: Daily News And Information
An Ukrainian serviceman stands in a basement which, according to Ukrainian authorities, was used as … [+] a torture cell during the Russian occupation, in the retaken village of Kozacha Lopan, U...
PORTX Token Goes Live on CEXs and DEXs – Press release Bitcoin News
press release PRESS RELEASE. The team at ChainPort is incredibly excited to update the public about PORTX’s Token Generation Event (TGE). The team has worked tirelessly to develop the most exemplary e...
The Boston Celtics Should Be Worried Following News Of Robert Williams’ Latest Surgery
The Boston Celtics’ Robert Williams, who is reportedly set to have additional knee surgery this … [+] offseason, shows off his passion during a playoff game against the Boston Celtics earl...
US Treasury Seeks Public Comments on Crypto-Related Illicit Finance and National Security Risks – Regulation Bitcoin News
The U.S. Department of the Treasury is seeking public input on “digital-asset-related illicit finance and national security risks.” The department warned: “The growing use of digital assets in financi...