On Friday, the value locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was more than $200 billion total value locked (TVL) eight days ago on May 5. One s...
Tag: news
Australian Crypto Market Tanks on the Arrival of Bitcoin and Ethereum EFTs
Australia’s digital currency exchanges began trading funds on Thursday amid a breakdown in the digital tokens. With the inauguration of this trading activity, ETFS 21Shares Ethereum ETFs, ETFs 21Share...
SHIB, DOT Nearly 30% Higher, as SOL Also Surges – Market Updates Bitcoin News
Cryptocurrency markets were mostly in the green on Friday, as DOT was up by nearly 40%, moving away from an 18-month low. Although SOL, AVAX, and MATIC all rose by over 20%, it was SHIB that was one o...
Crypto Custody Firm Fireblocks Integrates with the DigitalBits Blockchain
Crypto custody firm Fireblocks has launched a new integration with the DigitalBits blockchain, providing users with secure access to products and services built on the DigitalBits blockchain, such as ...
‘A Dark Day for Crypto’ — A Deep Dive Into the Obliterated Terra Token Ecosystem and Damaged Apps – Bitcoin News
Following a few days of carnage, the two leading crypto assets built on top of the Terra blockchain have plummeted to significant lows. LUNA has dropped to $0.00000100 per coin and the once-stable coi...
Crypto Expert Explains the Fear and Excitement in CAR of Accepting Bitcoin as Legal Tender
The booming of the crypto coins like Bitcoin in different regions and nations is unstoppable. This has recently been observed in the case of the Central African Republic (CAR). Of course, one of the m...
ETH, BTC Surge Over 10% as Big 2 Lead Crypto Rebound – Market Updates Bitcoin News
As LUNA’s life support was all but switched off on Friday, BTC and ETH rallied, with prices climbing by as much as 10%. Today’s price surge saw bitcoin climb above $30,000, with ETH once again trading...
Crypto Assets Mark Cap Continuously Sinks by $200bn
The market cap of the crypto asset continuously lost $200 billion within a day. Bitcoin suffers from bear market sentiment, breaking $26,000 to its lowest level in 16 months. According to Coinmarketca...
Hong Kong Police Arrest Conman After He Vanished With Over $191K Belonging to a Crypto Trader – News Bitcoin News
Hong Kong police have arrested a man accused of stealing $191,085 from a cryptocurrency trader in what turned out to be a bogus transaction. No funds were recovered at the time of the suspect’s arrest...
World’s 1st Fine-Dining NFT Concept Auction to Conduct in May
The world’s first fine-dining non-fungible token (NFT) concept has announced its NFT dining auction schedules. Two auctions will take place on May 14 and 21 respectively. The concept of the company...
Best exotics to trade | Live Bitcoin News
There are three categories of currency pairs in the forex market; major pairs, minor pairs, and exotic pairs. Major currency pairs are pairs that contain the US dollar as the base or quote currency. E...
Bank of Spain Governor Highlights Need for Fast Regulation in Defi and Crypto – Regulation Bitcoin News
Pablo Hernández de Cos, governor of the Bank of Spain and chair of the Basel Committee on Banking Supervision, explained that the cryptocurrency space and decentralized finance (defi) need to be regul...
UK Adults Hesitant in Crypto Investments due to Perceived Lack of Security
A quarter of the UK’s adults are hesitant in crypto investments due to a perceived lack of security, according to research from TMT Analysis. The mobile digital identity company found out that t...
A Story of Incredible Belief….. How GAIMIN Gladiator’s Acquired Team Tickles! – Sponsored Bitcoin News
sponsored It normally takes a newly formed esports team 12-18 months to gel and experience success, however GAIMIN Gladiator’s Dota 2 team only formed in January 2022 and they are already rising in th...
Sorare Inks Partnership With MLB to Float Fantasy Baseball Game with NFT
Sorare has partnered with Major League Baseball to create a fantasy baseball game featuring Non-Fungible Tokens (NFT). Through the partnership, which also involves MLB Players, players can create team...
European Commission Has ‘Serious Doubts’ About Markets in Crypto Assets Draft, Report Reveals – Regulation Bitcoin News
The European Commission disagrees with some provisions in the crypto regulatory proposal approved recently by the European Parliament. The executive arm in Brussels is unhappy with certain anti-money ...
The Aftermath of Terra (LUNA) Crash: Why UST May Regain Its Peg Value? – Coinpedia – Fintech & Cryptocurreny News Media
Terra (Luna) fell at 99.6% after reaching its all-time high of about $120 last month. The terra price has now dropped to 0.005. Crypto exchanges have started taking steps in response to the fall of L...
BVNK Raises $40M in Series A Round Led by Tiger Global
Cryptocurrency startup BVNK has raised $40 million in a Series A round led by Tiger Global. In this round of funding, investors include The Raba Partnership, Avenir, Kingsway Capital, Nordstar, Concen...
Crypto Market Onslaught Stretches to DeFi as TVL Slumps to $114bn
With a broad-based caution being exercised by investors regarding risk assets, there have been a massive outflow of funds from Decentralized Finance (DeFi) protocols as many investors anticipate calm ...
Coinbase Ventures Backed Startup to Build Pan-African Crypto Exchange With $23 Million Capital Raise – Finance Bitcoin News
The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaiz...
Terra Resumes after Halting Blockchain Production to Prevent Governance Attacks
Terraform Labs, the company which supports the Terra ecosystem, briefly halted the Terra blockchain for two hours on Thursday after a dramatic slump in LUNA and UST, before restarting at around 1:45 p...
Why Regulators Should Pay Attention To $UST – Coinpedia – Fintech & Cryptocurreny News Media
A dollar pegged stablecoin, TerraUSD has lost its peg twice over the past few days and has not recovered yet. The algorithmic stablecoin broke its peg this Monday again, hence it is necessary for regu...
Crypto Experts Give Advice as the Digital Currency Industry Continuously Suffer from a Freefall
There are hardly most of the investors in the digital currency ecosystem that is not being impacted by the ongoing market price crash. While experienced traders might feel familiar with those tough ti...
UAE’s Emirates Airline Set to Use ‘Bitcoin as a Payment Service’ – Featured Bitcoin News
One of the United Arab Emirates (UAE)’s leading airlines, Emirates Airline, said it has plans to add “bitcoin as a payment service.” The airline is planning to recruit personnel to create applications...
MicroStrategy Counting $162m Loss on BTC Holdings as Price Volatility Continues
Nasdaq-listed business intelligence and software firm MicroStrategy Incorporated is sitting on a massive loss concerning its Bitcoin (BTC), considering the bearish sentiments engulfing the market at t...
Tether’s Ardoino Backs USDT While Stablecoins Depegging Continues! What Next ? – Coinpedia – Fintech & Cryptocurreny News Media
The year 2022 isnt been very favorable for the cryptocurrency market, especially the month of April and May. Now in just a few days, the cryptocurrency market has suffered more losses following Terra ...
Will Terra’s UST and LUNA Crash Cause a Shift to ‘Cryptos that have Stood the Test of Time’?
LUNA has left crypto enthusiasts’ mouths agape because they could never imagine in their wildest dreams that one of the top ten cryptocurrencies could collapse to near-zero overnight. LUNA and T...
Rich Dad Poor Dad’s Robert Kiyosaki Plans to Buy Bitcoin When the ‘Bottom Is In’ — Says It Could Be at $17K – Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, believes bitcoin could crash to $17K. However, he also believes the cryptocurrency “will win” because America is led by t...
BTC Price Forecast: Is $26K The Local Bottom? Or More Downtrend On Horizon? – Coinpedia – Fintech & Cryptocurreny News Media
The present crypto crash has taken a troll among investors and traders as the bear cycle has not pitied any cryptocurrencies including stablecoins. Bitcoin was supposed to reclaim $30,000, instead, th...