Jason Choi and Darryl Wang, two former crypto executives at two major investment firms in Asia, announced on Tuesday that they are launching their own fund to support Web3 projects. Bloomberg media re...
Tag: news
Central African Republic Reportedly Launches Crypto Coin, Bitcoiners Slam Move – Bitcoin News
Central African Republic (CAR) president Faustin-Archange Touadera announced recently that cryptocurrencies are an alternative to cash. Bitcoiners, however, insist the top cryptocurrency is the only s...
Blockchain Analytics to Help Curb Crypto Misuse, Says HashCash CEO
Since the crypto industry is growing at a frantic pace, blockchain analytics can help fill the void of curbing money laundering and cybercriminal activities, according to Raj Chowdhury, the CEO of Has...
Bitcoin (BTC) Price To Bottom At This Level – Predicts Peter Brandt – Coinpedia – Fintech & Cryptocurreny News Media
During the last 24 hours, the global cryptocurrency market rebounded to its earlier position, with all significant cryptocurrencies trading in the red. Following a brief rally, it’s not just Bitcoin a...
Bitstamp Charges Inactive Fee to Make Up for Costs
Inactive users of the cryptocurrency exchange Bitstamp platform will have to pay a fee to make up for costs, according to a report from The Block. Bitstamp is taking this action as the crypto market i...
India Hikes Duty on Imported Gold, Seeking to Bring Down Trade Deficit – Economics Bitcoin News
In its attempt to relieve the pressure against the rupee, the Indian government announced on July 1 that it had hiked the duty on imported gold by five percentage points to 12.5%. However, there are f...
Crypto Tax Automation Platform Koinx Secured a $1.5M Seed Round
On July 5, Koinx, a crypto tax platform focused on providing tax automation for crypto users, announced the completion of financing for $1.5 million in a seed round. In this round of funding, the comp...
eToro Cancels SPAC deal with FinTech Acquisition Corp. V. Company
Social investing network eToro Group announced Tuesday that it has cancelled its planned public listing through a merger with FinTech Acquisition Corp. V. SPAC (special purpose acquisition company). e...
Federal Reserve Conference Casts Doubt over Digital Dollar Project
Panelists at the Federal Reserve’s first conference on the international role of the dollar, are not impressed with the prospect of a US Central Bank Digital Currency (CBDC). According to a repo...
Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld – Bitcoin News
Leading cryptocurrency lender Nexo has offered to buy distressed competitor Vauld, which halted operations in the face of financial difficulties. The proposal comes after the Singapore-based company s...
Bullish.com to Layoff Staff amid Market Downturn
Cryptocurrency exchange Bullish.com has joined other crypto companies in making layoffs to tackle the massive market downturn. According to The Block, a source said that less than 30 Bullish staff mem...
Core Scientific Offloads 7,202 BTC Worth $167m in June
American Nasdaq-listed cryptocurrency mining firm Core Scientific has shared its operational update by selling over 7200 Bitcoins in June. As announced by the firm, it sold as much as 7,202 Bitcoin un...
Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty – Economics Bitcoin News
Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of econo...
BoE’s Committee Recommends Taking a Closer Look on Crypto Regulation
In its latest Financial Stability Report, the Financial Planning Committee (FPC), an offshoot of the Bank of England has recommended pushing for an ‘enhanced’ regulatory framework. According to the FP...
Huobi’s Subsidiary HBIT Taps MSB License in US
HBIT Inc, one of the subsidiaries of Huobi Technologies, has received the Money Services Business Registration License (MSB) issued by the U.S. Financial Crimes Enforcement Bureau (FinCEN). The tradin...
Nexo Offers to Acquire Vauld Group after Celsius’s Cold Treatment
Nexo’s plan to buy a cryptocurrency lender may be coming to fruition as the company has shown interest in acquiring Vauld Group. This development comes after Vauld Group announced earlier this week th...
Cryptocurrency Market Has a Lot of Potential For More Decline – Jim Cramer – Coinpedia – Fintech & Cryptocurreny News Media
Jim Cramer is a CNBC host and well-known stock market commentator.He hosts a show called “Mad Money” . Earlier today Jim Cramer said that, crypto currency has no value will having an interview . By sa...
Singapore Considers Imposing New Restrictions on Crypto Trading – Regulation Bitcoin News
The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail pa...
Core Scientific, A Mining Corporation Has Sold More Than 78% of it’s Bitcoin Reserves! – Coinpedia – Fintech & Cryptocurreny News Media
The cryptocurrency market hasn’t shown any signs of strength or pattern reversals. BTC has thus far been unable to establish a new higher high in the daily timeframe. Therefore, it is impossible to pr...
Popular British GT Racing Team Launches NFT Platform to Authenticate Car Parts
A British racing team Vincenzo Sospiri Racing (VSR), the GT racing team backed by Lamborghini Squadra Course, announced a new non-fungible token (NFT) certification program that aims to verify (certif...
Leaked Personal Data of 1 Billion Chinese Citizens on Sale for 10 Bitcoins — Hacker Claims Stolen From Shanghai Police – Security Bitcoin News
A hacker claims to have stolen the personal data of a billion Chinese citizens from the Shanghai National Police (SHGA) and is selling it for 10 bitcoins. “This database contains many TB of data and i...
USDC Shines, While USDT Still Remains Concerned For Traders ! – Coinpedia – Fintech & Cryptocurreny News Media
When compared to its $66 billion rival giant Tether (USDT), Circle’s native stablecoin USD Coin’s growth in the previous two months has been nothing short of amazing. Notably, since May, USDC’s market...
Cardano Price Prediction July – Here’s How ADA Price Will Perform – Coinpedia – Fintech & Cryptocurreny News Media
Cardano has been steadily declining since the start of the year, dropping from a high of $1.60 in January. Although there have been a few brief improvements, the trend is still downward generally. For...
Study Shows Singapore Leads in NFT Searches Worldwide, Researchers Say ‘Poland Is the Most Anti-NFT Country’ – Bitcoin News
During the past seven days, non-fungible token (NFT) sales have dropped 23.37% and 30-day statistics show NFT sales are down 63.10% from the month prior. While NFT interest has been waning, a recent s...
Here’s What “Wolf of Wallstreet”, Jordan Belfort Thinks of Bitcoin – Coinpedia – Fintech & Cryptocurreny News Media
In the last 24 hours, Bitcoin hit the intraday highs of $20,432 before hitting reverse. The largest cryptocurrency by market size is currently trading at $19,408, having once again fallen below $20,00...
Alexander Vinnik Serves Prison Term in France but No Freedom in Sight – Bitcoin News
Having served his five-year prison sentence in France, Russian IT and crypto specialist Alexander Vinnik is now facing a return to Greece and possible extradition to the United States. A French cassat...
Euro Drops to 20-Year Low Against the US Dollar, Tapping $1.028 per Unit — Analyst Says Parity Is Imminent – Economics Bitcoin News
The euro has had a sluggish start to the second half of 2022 as the fiat currency slid to a 20-year low against the U.S. dollar. The drop adds to the fear that the global economy is in a recession and...
Bitcoin May Face Another Correction Despite “Stable” Fundamentals – Coinpedia – Fintech & Cryptocurreny News Media
The whole crypto space is in the grip of fear as prominent industry leaders are projecting that BTC may see a significant downfall soon. Although several technical signs suggest the cryptocurrency ha...
Legends of Bezogia Reveals Sustainable Play2Earn Mechanics By Publishing Breakthrough Whitepaper – Sponsored Bitcoin News
sponsored ZOGI Labs Ltd. reveals shocking whitepaper detailing next-level blockchain gaming mechanics never seen before in the industry. Eliminating core industry issues like token inflation, the team...
ATOM Approaches 1-Month High, While MATIC Hits 1-Week High – Market Updates Bitcoin News
ATOM was fast approaching a one-month high during Tuesday’s session, as bullish momentum continued to rise following recent gains. This move comes as MATIC also climbed higher, hitting its highest lev...
Nexo Signs Agreement Sheet To Purchase 100% of Vauld’s Insolvent Assets – Coinpedia – Fintech & Cryptocurreny News Media
Nexo, a cryptocurrency lender or financier, announced today that it has signed an agreement sheet with Singapore-based crypto exchange Vauld describing intentions to purchase the assets of the insolve...