The Chief Executive Officer of Binance – Changpeng Zhao (CZ) – said one reason why his company recently introduced the stablecoin FDUSD is the terminated partnership with Paxos. While the two entities...
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Live Tech News Updates.
Is Borroe a Good Investment in 2023?
SPONSORED POST* Amid an unstable crypto market, investors are looking for innovative investment options that will bring them significant value and make their portfolios grow. Luckily, Borroe ($ROE) is...
What to expect as ATOM dips under $9
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The critical $8.98 support level broke after inte...
Indonesia’s national digital currency exchange aims to protect investors
After nearly two years, Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) has rolled out a national digital currency exchange to ensure uniformity among industry participants. Bappebt...
Regulators Tell Nigerians To Stay Away From Binance, Here’s Why
Nigeria’s Securities and Exchange Commission (SEC) has warned Nigerians against investing or trading on Binance, the world’s largest crypto exchange by trading volume. The Commission, as part of its “...
Bitfarms Mines 378 Bitcoins in July, Plans Hydropower Expansion Amid Market Challenge
Key Points: Bitfarms mined 378 Bitcoins in July, down 2.1% from the previous month and 24.4% year-on-year. The company sold 333 Bitcoins for $9.9 million and aims to double hydropower capacity in Para...
XRP Price Can Hit $100-$500 in 4-7 months, Wells Fargo Treasury Manager Says
Using Liquidity Strength as a key metric, the expert provided a detailed breakdown of her calculations before coming to her prediction. Wells Fargo Treasury manager Shannon Thorp predicts that XRP wi...
Over $28 Million In SHIB Withdrawn From Exchanges Ahead Of Shibarium Launch
The Shibarium Layer-2 upgrade is launching any day now, and it looks like some big SHIB players are making moves ahead of the launch. According to on-chain data, over $28 million in SHIB tokens have b...
FTX releases restructuring plan, hints at rebooted offshore exchange
FTX has outlined its intended reorganization plan, which will categorize claimants of the bankrupt exchange into specific classes and pave the way for the exchange to become operational as an offshore...
Staking rewards are now taxable, says IRS
The Internal Revenue Service (IRS), the leading tax authority in the United States, recently released Revenue Ruling 2023-14, providing clarity on the taxation of income derived from crypto staking. ...
New Exhibit Uses AI to Recreate Allen Ginsberg Poetry
“In celebration of Ginsberg’s avowedly experimental impulses, this collaboration utilizes an AI-powered camera to ‘read’ a selection of Ginsberg photographs on view during the exhibition, translating ...
Terraform Labs opinion rains on Ripple decision parade
The crypto industry has been in high spirits after a federal judge ruled that programmatic sales of Ripple’s XRP token are not classified as securities. A dueling opinion from a different federal judg...
Curve Finance Founder Dumps 39M CRV Following $47M Hack
Curve Finance founder Michael Egorov continues to dump CRV tokens, having sold over 39 million CRV on the heels of the $47 million protocol hack. Michael Egorov, the founder of Curve Finance, a decent...
Cathie Wood Offloads Millions Worth Coinbase and Robinhood Shares
On August 3, Coinbase will release financial data for the second quarter. On Monday, COIN stock closed up 4% at $98.61, but it dropped 3.17% in pre-market trading. Cathie Wood, the CEO of Ark Invest,...
What PancakeSwap’s latest achievement means for CAKE investors
PancakeSwap dominated Uniswap on BNB Chain by a huge margin. CAKE’s price action was bullish, but its on-chain performance did not correspond. PancakeSwap [CAKE] has reached a remarkable milestone in ...
MoonPay CEO was responsible for $500K donation to Miami mayor’s super PAC
Miami mayor Francis Suarez’s presidential campaign received a donation from the CEO of the crypto firm MoonPay, the Miami Herald reported on Aug. 1. That report states that a political action committe...
DigiToads (TOADS) Presale Next Goal is $7M Amidst Positive Price Movement for DOGE
Advertisement     Amidst positive price movement within the cryptocurrency landscape, projects like DigiToads (TOADS) and Dogecoin (DOGE) are positioning themselves to achieve ambitiou...
former CEO of FTX might be behind the Bald scam
The co-founder and former CEO of FTX, Sam Bankman Fried, has been accused of committing many crimes. Rumors have been circulating recently that he may also be involved in the Bald scam. Bald and the ...
AI mentions skyrocket in major tech companies’ Q2 calls
The mention of artificial intelligence (AI) in earnings calls for major tech companies skyrocketed from the first to the second fiscal quarter, according to a report from Reuters. The S&P 500 comp...
Singapore High Court deems digital assets as trustable property
Digital assets have been conferred with property rights in Singapore following a ruling by the High Court of Singapore in a landmark case. On July 25, the High Court of Singapore ruled digital currenc...
Litecoin (LTC) Network Fundamentals Boom Ahead of Halving Event
Litecoin is experiencing a boom in network fundamentals ahead of its halving event, which is less than 24 hours away. The mining community’s sentiment is measured by two indicators: hashrate and...
Terraform Labs Denies Motion Seeking Dismissal of SEC Fraud Allegations
The implications of this judgment are significant for both Terraform and the broader ecosystem. Terraform Labs, and its founder, Do Kwon, are facing a major setback as US District Judge Jed Rakoff has...
Binance Japan Returns With 34 Token Listing and Spot-Trading Service
Binance Japan’s anticipated August launch with 34 tokens, including BNB, BTC, ETC, and ADA. The crypto exchange will offer spot trading and real-time single-selling price. Binance’s return through SEB...
Tether Freezes $20 Million Linked To Phishing Scammer
A phishing scammer recently nabbed $20 million in USDT from an unsuspecting victim using a zero transfer phishing attack, reported blockchain security firm PeckShield on Tuesday. The stolen funds were...
gateway to state control or monetary innovation?
While some champion CBDCs as a financial revolution, many view them as a threat to privacy and freedom. Crypto.news spoke with experts to shed light on this complex debate. Digital currencies backed b...
CRV prices spiral downward after exploit, is a recovery in sight
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The sentiment was strongly bearish for Curve toke...
Hard-Hitting New York Attorney Files To Join Ripple Lawsuit Against SEC
High-powered attorney Douglas Samuel Zolkind has officially filed a motion to intervene in the SEC’s lawsuit against Ripple Labs. As Ripple Labs continues in its legal battle against the SEC, the New ...
Binance Japan Debuts Listing Shiba Inu, XRP and Others
The largest crypto exchange Binance unveils an exclusive platform for the Japanese market with initial support for Shiba Inu and XRP. Binance, the global crypto exchange giant, has announced the debut...
Whopping 1.41 Billion Terra Luna Classic (LUNC) Burned by Binance
Binance delivered 1.41 billion Terra Luna Classic (LUNC) tokens to the burn address. 2.65 billion Terra Luna Classic tokens were burned by Binance in July. In the 12th round of the LUNC burn mechanism...
Here’s Why $SOL Price Hold the Potential to Surpass $30
Published 4 hours ago Solana Price Analysis: The recent correction phase in Solana price found suitable support at $22.7. This horizontal level combined with the 50% Fibonacci replacement level, creat...
Michael Egorov’s $100 Million Position, A Risk To Curve Finance And DeFi?
Following the recent exploit of Curve Finance pools, there have been genuine concerns about the stability of the decentralized exchange and the Decentralized Finance (DeFi) ecosystem. A new report has...
Judge Refuses to Dismiss SEC Lawsuit Against Terraform Labs Despite Ripple Ruling
In a high-stakes ruling for the crypto industry, U.S. District Judge Jed Rakoff on Monday denied Terraform Labs’ motion to dismiss the securities fraud lawsuit filed against it by the Securities...