Advertisement     Brazil’s lower house of Congress has finally passed the long-awaited crypto bill legalizing crypto payments in the country and enabling banks to star...
Tag: ZyCrypto
“Regulation By Enforcement” By The SEC Caused BlockFi’s Collapse, Asserts Ripple’s General Counsel ⋆ ZyCrypto
Advertisement     Stuart Alderoty, Ripple’s General counsel has slammed the U.S. Securities and Exchange Commission “SEC” for its alleged role in bringing BlockFi to i...
DOGE Rallies 30% On Twitter Payments Anticipation As Elon Musk Props Up Dogecoin ⋆ ZyCrypto
Advertisement     The meme token is leading large-cap tokens in weekly gains. A senior Dogecoin developer recently released proposed upgrades to improve Dogecoin. Doge...
Bitcoin Appears Primed For A Super Bullish Turnaround As The FTX Debacle Settles ⋆ ZyCrypto
Advertisement     Bitcoin continued to consolidate Tuesday following a chaotic month characterized by a widespread liquidity crunch fuelled by the collapse of FTX. As ...
BlockFi Has $10 Billion in Assets and Liabilities and 100,000 Creditors: Bankruptcy Filing ⋆ ZyCrypto
Advertisement     The digital asset lender is the latest victim of FTX contagion. BlockFi is planning to lay off two-thirds of its staff in bankruptcy restructuring. C...
Fidelity Shrugs Off Crypto Winter, Opens Bitcoin Trading Service for Retail Investors ⋆ ZyCrypto
Advertisement     Fidelity Investments has rolled out a service that enables retail customers to trade Bitcoin. According to reports, several customers received an ema...
FTX Resumes Payments to Employees And Contractors Pending Bankruptcy Hearings ⋆ ZyCrypto
Advertisement     FTX has resumed post-bankruptcy payments to employees worldwide days after they were halted following a chapter 11 bankruptcy filing in the US. Accor...
Russian President Putin Mulls Using Blockchain for Global Payments ⋆ ZyCrypto
Advertisement     The largest country by landmass is making pro-crypto steps amid crippling sanctions by the West. According to Putin, blockchain technology offers a p...
SOL Risks Crashing Hard as Binance Terminates Trading Pairs for Solana-based Exchange Serum Token ⋆ ZyCrypto
Advertisement     Binance has delisted three Serum (SRM) trading pairs as the effects of FTX’s collapse continue reverberating through the crypto industry. A Friday an...
Bahamas’ Attorney General Defends The Country’s Action After FTX’s Collapse ⋆ ZyCrypto
Advertisement     Bahamas’ attorney General reassures investors that the country remains a safe place to invest despite the ill-fated FTX collapse. The government has ...
Dogecoin, Solana, XRP Lead Post-Thanksgiving Gains as Bearish Sentiment Wanes ⋆ ZyCrypto
Advertisement     DOGE is up by a double-digit, while XRP has gained by 7% in the last seven days. The overall crypto market valuation is up as tokens recover post-FTX...
Ethereum Sharks And Whales’ ETH Accumulation Tops Two-Year High ⋆ ZyCrypto
Advertisement     Deep-pocketed investors are betting on the smart contract platform despite the latest volatility. ETH has added 2% in the past day as Fed’s minutes r...
Man Who Bought Bitcoin At $1 Believes BTC Price Is Ultimately Headed For $100,000 ⋆ ZyCrypto
Advertisement     Davinci Jeremie, an early crypto adopter and host of the davincij15 YouTube channel, predicts that Bitcoin’s price will grow by ten times in the next...
Congressman Tom Emmer “More Concerned Now” That SEC’s Crypto Strategy Isn’t Working ⋆ ZyCrypto
Advertisement     US Congressman Tom Emmer has faulted the Securities and Exchange Commission (SEC) for failing to prevent the FTX collapse despite outwardly promoting...
Crypto Lawyer Sheds Light On The Value Of XRP Despite Brutal SEC Case ⋆ ZyCrypto
Advertisement     John Deaton, the founder of “crypto law”, an outlet focused on key U.S. regulatory developments for the digital asset sector, has hit out at Lark Dav...
Will Elon Musk Work With Vitalik Buterin On Dogecoin Update? This Crypto Pundit Says It’s Possible ⋆ ZyCrypto
Advertisement     David Gokhshtein, one of the well-known names in the crypto industry, has shared on Twitter that he sees Ethereum co-creator Vitalik Buterin and Tesl...
ApeCoin’s APE Surges on New NFT Marketplace Launch ⋆ ZyCrypto
Advertisement     Snag Solutions won community support to build the NFT platform. The tiny start-up toppled bids from rivals Magic Eden and multi-chain NFT marketplace...
Binance Publishes Proof of Reserves System For BTC, More Assets to Follow ⋆ ZyCrypto
Advertisement     Today Binance released its first Merkel Tree Proof of Reserves (PoR) system as a show of its commitment towards transparency following the collapse o...
Binance Deploys $2 Billion To Save Crypto Industry After FTX’s Fall From Grace ⋆ ZyCrypto
Advertisement     Binance has committed $2 billion to the firm’s crypto rescue fund as it aims to help rebuild the industry. Binance founder and CEO Changpeng Zhao sai...
New Report Shows That Crypto Whales And Long-Term Holders Had Their Confidence Shaken By FTX Fall ⋆ ZyCrypto
Advertisement     FTX’s implosion may have shaken the faith of long-term Bitcoin holders and whales. This can be seen in exchange outflows, whales underwater and long-...
Harvard Research Paper Tells Governments And Central Banks To Hold Bitcoin ⋆ ZyCrypto
Advertisement     A Harvard paper has urged central banks to hold Bitcoin as a way to circumnavigate sanctions. Only El Salvador has elevated Bitcoin to a national cur...
Ether Whales Load Up Over $1 Billion Worth Of ETH As Price Rebounds, But There’s A Catch ⋆ ZyCrypto
Advertisement     Investors are questioning the vague timelines for the redemption of their staked ether. Ethereum developers maintain that the coins will be accessibl...
US DOJ Seizes 7 Seven Domain Names Used in “Pig Butchering” Crypto Schemes ⋆ ZyCrypto
Advertisement     The U.S. Attorney’s Office for the Eastern District of Virginia has seized seven domain names used in committing “pig butchering” cryptocurrency crim...
Good Chance SEC Will Settle With Ripple To Avoid Exposing Hinman Documents, Says Legal Expert ⋆ ZyCrypto
Advertisement     The end of Ripple Labs’s legal battle with the U.S. Securities and Exchange Commission might be in sight, and the light at the end of the tunnel is a...
Governor Hochul Signs Law Banning New Proof-of-Work Crypto Mining In New York ⋆ ZyCrypto
Advertisement     New York Governor Kathy Hochul has signed into law a bill clamping down on bitcoin mining within the state. The legislation places a two-year ban on ...
New Week, New Trouble For The Market As Crypto Prices Tumble, Rubbing In The Pain Of A Torrid Couple Of Weeks ⋆ ZyCrypto
Advertisement     Bitcoin and the price of other cryptocurrencies took a major hit at the opening of the new week. Across the board, there were several double-digit lo...
Major Bullish Milestone For ADA As First USD-Backed Stablecoin On Cardano Goes Live ⋆ ZyCrypto
Advertisement     The recent FTX blowup and subsequent bear market put a severe dent in crypto markets, but it has not prevented Cardano from reaching a new milestone....
Kucoin On The Spot For Holding Nearly One-Fifth Of Its Reserves In Its KCS Token ⋆ ZyCrypto
Advertisement     In the mad rush to calm worried investors and prevent bank runs following the sudden collapse of FTX, crypto exchanges and lending firms have been pu...
FTX Comes Clean And Admits That It Owes Over $3 Billion To Its 50 Biggest Creditors ⋆ ZyCrypto
Advertisement     A new court filing from embattled FTX shows the exchange owes creditors over $3 billion. The single biggest creditor is owed a staggering $226 millio...
Analyst PlanB On How Current BTC HODLers Will Lay the Foundation for The Next Bitcoin Bull Run ⋆ ZyCrypto
Advertisement     Despite weathering the cascade of misadventures linked to the collapse of FTX last week, Bitcoin plunged over the weekend by over 4% to tap $15,890. ...
El Salvador Shows Renewed Faith In Bitcoin With Its ‘1 BTC Daily’ Purchase Plan ⋆ ZyCrypto
Advertisement     El Salvador commits to buying one Bitcoin per day despite the massive fall of the asset in 2022. Tron’s DAO has also pledged to buy one BTC each day ...