Recently Terra (LUNA) had one of the worst crashes where the price bottomed below $1 along with the blockchain’s stablecoin, UST which got de-pegged. This price action by Terra affected the whole cryp...
Tag: news
BTC Back Above $30,000 as Week Long Consolidation Continues – Market Updates Bitcoin News
This week’s whirlwind price swings in crypto markets continued on Friday, with BTC moving higher, following yesterday’s declines. Bitcoin has risen back above $30,000 on Friday, with ETH also climbing...
Ethereum Merge Might Happen in August as Testing Enters Final Round
Speaking at the Permissionless 2022 Conference in Florida, the U.S., Ethereum Researcher Justin Drake disclosed that the merge of Ethereum (ETH) might happen in August. Market insight provider Bankles...
Vietnam Launches Blockchain Association to Conduct Research and Suggest Regulations – Blockchain Bitcoin News
A newly established blockchain association aims to help Vietnam promote its digital economy and position the country on the world’s technology map. The organization looks to unite Vietnam’s experts in...
Prosecutors Investigate Do Kwon with Ponzi Fraud Charges amid Terraform Labs Dissolvement
Do Kwon’s scandal seem to be deepening. Prosecutors are investigating whether they will file Ponzi fraud charges against him following the Terra crash, according to The Korea Times. This comes a day ...
Dvision Network Announces New LAND Staking Feature to Help Bolster Virtual Plot Utility – Press release Bitcoin News
press release PRESS RELEASE. The Dvision Network has recently announced the new ‘LAND Staking Feature’ in their Dvision Metaverse, with the development being finalized to present a new use case to the...
Ripple vs SEC: The Regulator Trying Its Best To Protect Hinman’s Speech – Coinpedia – Fintech & Cryptocurreny News Media
It looks like the day is too far until finally the Ripple vs SEC case gets settled down. Now with recent updates, the US Securities and Exchange Commission (SEC) now has made a decision to file anothe...
HDAO Launches New Burning Mechanism, 50% of Tokens in Total to be Burnt
The foundation of HDAO (HKD.com DAO) announced to rolling out of a new burning mechanism aiming to destroy 50% of the total amount of HDAO tokens. The burning mechanism was introduced following unan...
Australias Commonwealth Bank Halts Crypto Rollout
Commonwealth Bank of Australia (CBA) announced on Thursday that it has paused the rollout of cryptocurrency trading through its banking app amid uncertainty in the market. In November, the largest ban...
(Rejected) Brazilian Digital Bank Neon Triples Annual Revenue in 2021 as Demands Stays Strong
Brazilian digital bank Neon announced on Thursday that its revenues grew 3x in 2021. Neon stated that it expects to see its revenue rise more than double this year. The digital bank further disclosed ...
Terraform Labs, Luna Foundation Guard Bought 3.06m AVAX in total: Avalanche Foundation
The Avalanche Foundation announced via Twitter on Friday that Terraform Labs and the Luna Foundation Guard (LFG) have purchased 3.06m AVAX in total. The announcement came following an inquiry from mem...
Legalizing Crypto Payments Will Happen “Sooner or Later”: Russia Trade Minister
Within months, the sentiments to ban cryptocurrencies in Russia have changed dramatically, and at present, key government officials are the ones advocating for ways to incorporate the nascent asset cl...
Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations – Regulation Bitcoin News
Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities ...
a16z Floats $600m Gaming Fund
After more than a decade of actively investing in the gaming industry, Andreessen Horowitz (a16z) wants to further exert its influence in that space. In order to do this, the investment giant has floa...
Multiple Hosting Site Power Cuts Plunges Bit Digital Mining Hashrate by 46.8%
Bit Digital Inc, one of the publicly listed cryptocurrency mining companies in the United States has announced a major halt in its operations at some of its third-party hosting sites. According to the...
Pakistan Can Generate $90 Million Annually if It Introduces a 15% Tax on Crypto Transactions – Emerging Markets Bitcoin News
Pakistan can generate tax revenues of at least $90 million each year if authorities impose a 15% tax on cryptocurrency transactions, an executive with a cryptocurrency exchange has said. 15% Crypto Ta...
More Troubles for Do Kwon as S. Korea Levies $78M Tax Evasion Fine
Terraform Labs is currently being charged with tax evasion fraud by the South Korean National Tax Service, a move that complicates matters for the startup that is trying to salvage its collapsed block...
Microstrategy CEO Expects Bitcoin to ‘Go Into the Millions’ Despite Crypto Market Sell-Off – Markets and Prices Bitcoin News
Microstrategy’s CEO has predicted that bitcoin is “going to go into the millions” despite the recent cryptocurrency market sell-off. Noting that the cryptocurrency is the future of money, he said: “We...
Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST – Featured Bitcoin News
Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do Kwon ...
Bitcoin Fresh Decline On Horizon! BTC Price To Plunge More By Weekend – Coinpedia – Fintech & Cryptocurreny News Media
Bitcoin, the world’s first decentralized currency has been dramatically blown away with price fluctuations. The flagship currency is currently hovering around $29,000 after dropping below $30,000 yest...
Freedom Protocol Has Become the Project With the Largest Amount of IDO in the Ecology of Binance Smart Chain – Press release Bitcoin News
press release PRESS RELEASE. Binance is a curious company. the world’s largest cryptocurrency exchange, it also has no official headquarters and operates outside regulatory control. But that may not s...
Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns – Regulation Bitcoin News
The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo stated ...
Elon Musk Warns The Traders For Recession To Last At least 18 months – Coinpedia – Fintech & Cryptocurreny News Media
The Ukrainian war, China’s zero COVID policies, increased inflation and interest rates by the United States Federal Reserve are all pointing towards the US economic recession. On the other hand, Elon ...
Is This the Time to Buy Costco?
Costco Wholesale (COST) saw its share price plunge sharply in the past six weeks. Have prices reached a level or area where some farsighted investors see an opportunity? Let’s check. In this ...
Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral – Blockchain Bitcoin News
While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a project called Nftfi has ...
This Investment Firm Lost Entire LUNA Holding! $10 Million Vanished After Terra (LUNA) Crash! – Coinpedia – Fintech & Cryptocurreny News Media
According to a recent blog post, Delphi Ventures, the cryptocurrency research firm Delphi Digital’s fund, has lost around $10 million following the crash of Terra’s LUNA. Traders of Terra’s LUNA token...
FTX US Launches Zero-Commission Equities Trading Platform – Bitcoin News
FTX US announced on Thursday that the firm has launched an equities trading platform called FTX Stocks which will give U.S.-based customers the ability to purchase stocks and exchange-traded funds (ET...
Warner Bros.’ Recommitment To Theatres Hints At Return To Normalcy
Robert Pattinson in ‘The Batman’ Warner Bros. David Zaslav made a bunch of news yesterday during the press rounds for Warner Bros. Discovery’s annual television upfront presentation. He go...