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Author: Chris Smith

I am a crypto enthusiast and believe in the potential of cryptocurrencies and blockchain to revolutionize the financial world as we know it. I have been covering crypto news for over 6 years and truly believe the media can contribute to the mass adoption of digital assets.

Morgan Stanley: CBDCs Will Weaken US Dollar Influence

Reading Time: < 1 minuteAccording to analysts at Morgan Stanley, the use of these virtual currencies as payment methods is expected to transform the global financial system.

January 17, 2024July 17, 2024 Chris Smith Opinion

BlackRock CEO: Ether Spot ETF Applications Will Receive Approval

Reading Time: < 1 minuteAccording to BlackRock CEO Larry Fink in an interview with CNBC, the company is also planning to launch spot ETFs for ether soon.

January 16, 2024July 17, 2024 Chris Smith Opinion

Binance Thailand Begins Operations

Reading Time: < 1 minuteBinance has now opened its doors to the general public in Thailand.

January 16, 2024July 7, 2024 Chris Smith News

Venezuelan Authorities End El Petro Project

Reading Time: < 1 minuteThe government has officially announced the liquidation of all Petro wallets and the remaining tokens will be automatically converted into the national currency, the bolivar.

January 15, 2024January 15, 2024 Chris Smith News

Bitfinex $15B Transfer in XRP Was a Failed Exploit

Reading Time: < 1 minuteBitfinex’s Chief Technology Officer (CTO) Paolo Ardoino stated that an XRP transaction worth nearly $15 billion was actually part of a partial payment exploit that was unsuccessful.

January 15, 2024January 15, 2024 Chris Smith News

Berachain Launches a Public Testnet

Reading Time: < 1 minuteThe team behind Berachain, a layer 1 blockchain that is compatible with the Ethereum Virtual Machine (EVM), has recently launched the Artio public testnet.

January 12, 2024January 12, 2024 Chris Smith News

Fundstrat Predicts Bitcoin Will Reach $500,000 in 5 Years

Reading Time: < 1 minuteFundstrat analysts predict that the price of Bitcoin will soar to $500,000 in the next five years.

January 11, 2024January 11, 2024 Chris Smith News

SEC Gives Approval to 11 Spot Bitcoin ETFs Applications

Reading Time: < 1 minuteThe SEC has given the green light for 11 spot Bitcoin ETFs to be launched on an accelerated basis, according to a document uploaded to the SEC website.

January 11, 2024July 7, 2024 Chris Smith News

Matrixport Analysts: Bitcoin Might Suffer a Correction Before Halving

Reading Time: < 1 minuteMatrixport suggests BTC could potentially drop to $36,000-$38,000 in early spring.

January 10, 2024July 17, 2024 Chris Smith Opinion

BitGo Gets Provisional License in Singapore

Reading Time: < 1 minuteBitGo has received initial approval from Singapore’s main financial regulator for a Major Payment Institution license through its subsidiary based in Singapore.

January 10, 2024January 10, 2024 Chris Smith News

A Physical BTC Wallet is Taken to the Moon

Reading Time: < 1 minuteAccompanied by astronauts, a crypto wallet holding 1 BTC is being transported on the lunar rocket Vulcan Centaur.

January 9, 2024January 9, 2024 Chris Smith News

SEC Reissues Crypto Warning

Reading Time: < 1 minuteThe SEC has issued a renewed caution against FOMO (fear of missing out) crypto investing, just days before the expected approval of spot Bitcoin ETFs.

January 8, 2024January 8, 2024 Chris Smith News

Honduras Recognizes Bitcoin as a Unit of Account

Reading Time: < 1 minuteThe economic zone of Próspera in Honduras has officially adopted Bitcoin as a unit of account.

January 8, 2024January 8, 2024 Chris Smith News

ACE Exchange Founder is Arrested for Fraud

Reading Time: < 1 minuteDavid Pan, the founder of ACE Exchange, one of the largest crypto exchanges in Taiwan, was arrested on suspicion of fraud on Wednesday.

January 5, 2024January 5, 2024 Chris Smith News

Uzbekistan Fines Binance

Reading Time: < 1 minuteThe National Agency for Prospective Projects of the Republic of Uzbekistan has discovered several violations committed by the Binance cryptocurrency exchange.

January 5, 2024January 5, 2024 Chris Smith News

South Korea to Limit Use of Credit Cards to Buy Crypto by Local Users

Reading Time: < 1 minuteThe Financial Services Commission (FSC) of South Korea is proposing a revision to the country’s credit finance laws that would prevent citizens from using credit cards to purchase cryptocurrency.

January 4, 2024January 4, 2024 Chris Smith News

Crypto Hedge Funds’ Income Experiences a 44% Rise

Reading Time: < 1 minuteIncome for hedge funds investing in digital currencies has increased by 44%.

January 3, 2024January 3, 2024 Chris Smith News

FTX’s Bankruptcy Process Could Last Years

Reading Time: < 1 minuteAlan R. Rosenberg, a partner at Markowitz Ringel Trusty & Hartog, predicts a prolonged legal battle compared to some other crypto bankruptcies like Celsius and BlockFi.

January 2, 2024January 2, 2024 Chris Smith News

What is Polkadot and How Does it Work?

Reading Time: 2 minutesPolkadot has been generating a lot of attention within the blockchain community recently. Investors in particular are getting very excited about.

January 1, 2024January 1, 2024 Chris Smith Analysis

Users Are Becoming More Interested in Solana Than in Ethereum

Reading Time: < 1 minuteIn the year 2023, there was a shift in Google search trends as “Solana” surpassed “Ethereum” for the first time, with traders showing increased curiosity about developments in its ecosystem.

December 29, 2023December 29, 2023 Chris Smith News

Vitalik Buterin Wants to Revive Cypherpunk in Ethereum

Reading Time: < 1 minuteAccording to Vitalik Buterin, co-founder of the second largest cryptocurrency by market cap, the Ethereum blockchain must return to its roots and embrace the “cypherpunk” revolution.

December 29, 2023December 29, 2023 Chris Smith News

Barry Silbert to Leave Grayscale’s Board

Reading Time: < 1 minuteGrayscale has disclosed the resignation of several board members along with the appointment of replacements.

December 27, 2023December 27, 2023 Chris Smith News

Solana Surpasses $100

Reading Time: < 1 minuteSolana, which last surpassed $100 in May 2022, reached $112.4 on Monday, December 25, experiencing a 63% surge in its capitalization to $4.8 billion over the week.

December 26, 2023December 26, 2023 Chris Smith News

Bulgaria Closes Investigation Against Nexo

Reading Time: < 1 minuteThe Bulgarian prosecutor’s office has closed the case against Nexo, a crypto-lending platform.

December 26, 2023December 26, 2023 Chris Smith News

Uniswap’s Trading Volume Exceeds $450B in 2023

Reading Time: < 1 minuteIn 2023, DEX platform Uniswap saw a remarkable increase in activity, with the total value of completed swaps reaching an impressive $454 billion.

December 22, 2023December 22, 2023 Chris Smith News

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