Avalanche moved to a multi-month high on Jan. 24, after reports that the number of bitcoin on its network rose to 5,493. The news saw the token surge by nearly 5% today, rising for a third straight se...
Tag: news
SushiSwap to Redirect Trading Fees to its treasury
The decentralised exchange (DEX) SushiSwap will, in the near future, reroute one hundred percent of the trading fees that are collected on the platform to its treasury in order to pay for ongoing oper...
CZ alleges FTX paid $43M to news organization to publish Binance FUD
Binance CEO Changpeng (CZ) Zhao alleged during a Twitter space talk that FTX paid $43 million to a crypto news outlet that regularly publishes negative articles on Binance, CZ claimed that traders wit...
J&J’s upbeat guidance brings good news for big pharma
Johnson & Johnson (NYSE: JNJ), on Tuesday, issued encouraging guidance for the full year. Shares are still trading slightly down this morning. Why is J&J stock down today? The stock seems to...
Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says – Exchanges Bitcoin News
European law enforcement authorities have detained four more members of the executive team of crypto exchange Bitzlato, Europol announced. According to the police agency, nearly half of the funds proc...
BTC, ETH Consolidate Ahead of US GDP, Consumer Sentiment Data – Market Updates Bitcoin News
Cryptocurrencies continued to consolidate recent gains on Jan. 24, as markets prepared for a big week of U.S. economic data. Gross domestic product (GDP) figures for Q4 2022 will be released on Thursd...
ApeCoin Buckles As Recent News Of Stolen BAYC Hits The Market
The Bored Ape Yacht Club NFT collection has been the target of an exploit this January 20th. FranklinIsbored, one of the biggest holders of BAYC NFTs, is targeted with an exploit of OpenSea’s stolen A...
El Salvador President Calls Out Legacy News Agencies that Criticized his Bitcoin Decision
Nayib Bukele criticizes top media. The President of El Salvador, Nayib Bukele has criticized traditional media outlets that are silent over his country’s ability to settle international debts without ...
Brazil and Argentina to Start Working on Creation of Latam Common Currency – Economics Bitcoin News
Brazil and Argentina are looking to begin work on the issuance of a common currency. Sergio Massa, minister of the economy of Argentina, also stated that the two countries will be inviting other natio...
Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network – Bitcoin News
Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Netwo...
Australian crypto executives urge caution on regulation
Following recent remarks made by Australia’s assistant treasurer on the subject, cryptocurrency executives in Australia have cautioned against grouping all digital assets into the same category ...
Boeing Has Been Rising but Its Ascent Has Stalled in Advance of Earnings
Boeing (BA) is expected to report fourth-quarter earnings on Wednesday before the market opens. Let’s check the charts and flight plan for this Dow Jones Industrial Average component. In this da...
Cardano Nodes Go Offline for Half an Hour
At least half of the nodes on the Cardano network fell down for a short period of time over the weekend, according to reports from stake pool operators (SPO) and users of the cryptocurrency. An abnorm...
Crypto Adoption Hits New Milestones — Global Crypto Owners Reached 425 Million in 2022 – Featured Bitcoin News
Crypto adoption achieved new milestones in 2022, with the number of crypto owners reaching 425 million during the year, a new report by Crypto.com shows. Moreover, the report reveals that the number o...
Insider Trading and Cryptocurrency | Blockchain News
Particularly in light of the recent conviction of an ex-Coinbase manager’s brother for insider trading, the problem of insider trading has emerged as one of the most pressing concerns in the cry...
Singapore Regulator Advocates ‘One Regulatory System’ for Crypto and Traditional Finance – Regulation Bitcoin News
Singapore’s senior minister and the chairman of the central bank, the Monetary Authority of Singapore (MAS), says there should be just “one regulatory system” for both crypto and traditional finance. ...
New clause in South Africa’s advertising code for cryptocurrency
The Advertising Regulatory Board (ARB) in South Africa has introduced a new provision for the cryptocurrency business. This clause is intended to safeguard consumers against unethical advertising in t...
Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says – Regulation Bitcoin News
The United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing is that we ensu...
Nigerian Banks Still Distributing Old Naira Banknotes as Demonetization Date Approaches – Africa Bitcoin News
With just a few days left before old Nigerian naira banknotes are removed from circulation, some banks have accused the Central Bank of Nigeria of failing to distribute enough new banknotes. Despite g...
Brazil and Argentina explore a common currency
The CEO of Coinbase, Brian Armstrong, suggested that Brazil and Argentina should switch to Bitcoin (BTC) as their national currency as Brazil and Argentina were beginning preparatory work for a potent...
We Must Expedite the Move From Centralized Services to Viable DeFi Alternatives – Op-Ed Bitcoin News
There is a reason centralized exchanges have dominated despite being antithetical to crypto’s core tenets. The following opinion editorial was written by Bitcoin.com CEO Dennis Jarvis. The gross misma...
Space Odyssey Loyalty Program by BitSpinCasino Dishes Out up to 15% Weekly Cashback & 300 Free Spins – Promoted Bitcoin News
Get rewarded for reaching new levels in the loyalty program by playing games and earning loyalty points. Casino loyalty programs have evolved through the changing paradigm of the casino industry. Digi...
Japan to Adopt New Stablecoin Regulations
A local financial body in Japan has said that the country’s new legislation that will let investors to trade using stablecoins such as Tether (USDT) are scheduled to be approved no later than in...
Johnson & Johnson Might Need a Band-Aid Ahead of Earnings
Johnson & Johnson (JNJ) is expected to report its latest quarterly earnings on Tuesday before the stock market opens. The shares have been weak so far this month so let’s review the conditio...
NYDFS Releases Guidance on Importance of Segregation and Separate Accounting for Customer Funds in Crypto Industry – Regulation Bitcoin News
On Monday, the New York Department of Financial Services (NYDFS) published guidance on custodial structures to help protect customers’ money if a crypto firm goes bankrupt. New York’s top financial re...
Breaking News: Terra Classic (LUNC) Investors to Receive Refund – Dev. Edward Kim Confirms!
The Terra Luna Classic (LUNC) ecosystem has put in place measures to reimburse community members that were affected by the network failure between September 21 and 28, according to core developer Edwa...
Bitzlato crypto firm taken down
As part of the enforcement measures taken against the cryptocurrency company Bitzlato, the European Union Agency for Law Enforcement Cooperation, often known as Europol, has stated that authorities ha...