Yuga Labs, the non-fungible token (NFT) firm that gained prominence due to multiple Ethereum-based NFT collections, has drawn criticism from the cryptocurrency community over its plan to auction its n...
Tag: news
Pakistan Banks Develop Blockchain-based KYC Platform
The Pakistan Banks’ Association (PBA), a group of 31 traditional banks operating in Pakistan, has signed off on the development of a blockchain-based Know Your Customer (KYC) platform. The move aims t...
Iran Completes Pre-Pilot Phase for Digital Rial
Iran’s Central Bank is making progress with its plans to launch a digital version of the national currency, the rial. The Central Bank of Iran (CBI) recently completed the pre-pilot phase for th...
Bybit Launches Debit Card for Crypto Payments
Bybit, the Singapore-based cryptocurrency exchange, has announced the launch of its new debit card that will allow users to make payments and withdraw cash using their cryptocurrency holdings. The Byb...
Alvey Chain Introduces world’s first Next-Generation Virtual Reality Multiverse Exchange – Press release Bitcoin News
press release PRESS RELEASE. London – Alvey Chain, a decentralized Layer 2 Blockchain built on Ethereum Chain, also a leading provider of blockchain technology solutions, is proud to announce the laun...
Sam Bankman-Fried Wants to Watch Netflix and Read Crypto News While Awaiting Trial
While Sam Bankman-Fried awaits his day in federal court, he should be allowed to conduct legal research online, keep up with news and sports, shop on Amazon, and place food delivery orders, according ...
Binance pivots to stablecoins after SEC regulatory action
Binance, the world’s largest cryptocurrency exchange by trading volume, has turned to alternative stablecoins following regulatory action by the US Securities and Exchange Commission (SEC) again...
While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit – Mining Bitcoin News
In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, so...
Babel Finance explores new restructuring opportunities with DeFi project
Babel Finance, one of many cryptocurrency lending firms that suffered losses during the cryptocurrency winter of 2022, is exploring new restructuring opportunities to pay back its creditors. The Hong ...
crypto news: Avalanche, BNB and ATOM
Important crypto updates regarding the prices and news of the cryptocurrencies Avalanche (AVAX), Binance Coin (BNB) and Cosmos (ATOM). Crypto analysis of Avalanche (AVAX), Binance Coin (BNB) and Cosmo...
ETC Remains Near 2-Month Low, LTC Down by 4% on Monday – Market Updates Bitcoin News
Ethereum classic remained near a two-month low on March 6, as a cloud of uncertainty continued to hover over markets. The global crypto market cap remained bearish to start the week, and is down 0.55%...
Polygon Whales Big Moves $MATIC Price Fluctuates; Crypto News
Polygon MATIC News: The crypto ecosystem recently realized the market blues are not away yet with the news of Polygon Labs layoff. The crypto market has been on a slow recovery mode since January 2023...
BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations – Market Updates Bitcoin News
It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a to...
Volatility in BTC, ETH Remains High to Start the Week – Market Updates Bitcoin News
Bitcoin consolidated for a third straight session, as markets prepared for a big week of U.S. economic data. Later this week, nonfarm payrolls will be posted, with Federal Reserve chair Jerome Powell ...
Bitcoin Spikes Following Good News from the Fed
The price of bitcoin went up a bit in early February after it was announced that the Federal Reserve was predicting decreased inflation for 2023. Bitcoin Jumps Following Positive Fed Remarks The words...
Nigeria Fintech Flutterwave Denies Client Account Hacking Reports – Fintech Bitcoin News
The Nigerian fintech Flutterwave has rejected reports suggesting that hackers have stolen as much as $6.3 million from user accounts. The fintech firm said a routine check of its transaction monitorin...
Dubai-Headquartered Crypto Exchange MaskEX Launches Virtual Card for Worldwide Spending and Welcomes Ben Caselin as Vice President to Drive Global Expansion Effort – Press release Bitcoin News
press release PRESS RELEASE. Dubai, United Arab Emirates, March, 2023 – MaskEX, a rapidly expanding third-generation crypto exchange, headquartered in Dubai, has announced the launch of its crypto-bac...
Central Bank Orders Financial Institutions to Ration Dollars – Africa Bitcoin News
Growing shortages of foreign exchange on the interbank market have reportedly forced the Central Bank of Kenya to ask financial institutions to ration dollar purchases by Kenyan businesses. The shorta...
CoinEx Introduces Strategic Trading to Help Users Set out Sound Investment Plans and Stay Ahead – Press release Bitcoin News
press release PRESS RELEASE. In traditional financial markets, the term trading strategy describes a comprehensive plan covering all trading activities, guiding investors to execute their target trade...
NFT Creators Investigated in Israel for Alleged Tax Evasion – Taxes Bitcoin News
Israel’s tax authority is after two creators of non-fungible tokens (NFTs) suspected of failing to report almost $2.2 million in revenue. The news of the investigation comes after the recent arrest of...
Snap Inc (NYSE:SNAP): SNAP Stock Price Up, as ChatGPT News Flash
Snap stock price has initialized its recovery phase on Friday’s trading session while analysts predict maximum recovery during 2023. Snap share price needs to maintain the current uptrend momentum by ...
Pakistan Banks to Use Blockchain Technology for KYC – Blockchain Bitcoin News
Banks in Pakistan plan to launch an electronic platform for know-your-customer procedures that will be operating on a national level. The blockchain-based system will allow them to exchange the person...
US Sentences Man to 3 Years in Prison for Defrauding Investors in Crypto Mining Scheme – Bitcoin News
A U.S. district judge has sentenced a man to three years in prison in a fraudulent cryptocurrency mining scheme. The defendant “misappropriated his victims’ money and failed to provide them with the m...
Ripple CEO Warns of Harm to Crypto Industry if SEC Wins Lawsuit Over XRP – Regulation Bitcoin News
The CEO of Ripple Labs has warned of the harm to the crypto industry if the U.S. Securities and Exchange Commission (SEC) is able to prevail in its lawsuit against Ripple over xrp. He cautioned that t...
Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council Report – Economics Bitcoin News
Central banks show continued demand for gold in 2023, as per a recent report from the World Gold Council (WGC), which noted that the world’s central banks accumulated 31 tons of the precious metal in ...
UK’s Bank Regulator to Propose Rules for Digital Asset Issuance
The United Kingdom’s Prudential Regulatory Authority (PRA) has announced plans to propose a set of rules for the issuance and holding of digital assets. The decision comes as the use of digital ...