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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.

Aave Suspends Some Operations Due to a Vulnerability

Reading Time: < 1 minuteAfter discovering a vulnerability, the Aave DeFi protocol has temporarily suspended some operations.

November 6, 2023November 6, 2023 Chris Smith News

Asset Manager DWS Announces Plans to Launch a Crypto ETF

Reading Time: < 1 minuteIn the near future, DWS, an asset management company associated with Deutsche Bank, will launch cryptocurrency-based exchange-traded funds (ETFs).

November 3, 2023November 3, 2023 Chris Smith News

Michael Saylor: These Are Catalysts for Bitcoin’s Growth

Reading Time: < 1 minuteMicroStrategy founder Michael Saylor discussed during an interview with CNBC factors that he believes will cause the price of Bitcoin to increase tenfold in the medium term.

November 3, 2023November 3, 2023 Chris Smith News

Bitcoin Surpassing $36,000 Will Cause a New Selloff: Expert

Reading Time: < 1 minuteMajor players in the Bitcoin options market are closely monitoring the price movement, especially in anticipation of a potential breakthrough of the $36,000 mark.

November 2, 2023November 2, 2023 Chris Smith News

Binance to Close Fiat Gateway with Advcash

Reading Time: < 1 minuteThe Wall Street Journal has reported that cryptocurrency exchange Binance is choosing to terminate its partnership with payment system Advcash.

November 2, 2023November 2, 2023 Chris Smith News

Backpack Opens a Crypto Exchange in Dubai

Reading Time: < 1 minuteDigital wallet company in the Web3 space Backpack has announced the launch of its cryptocurrency exchange.

November 1, 2023October 31, 2023 Chris Smith News

Court Approves Bittrex’s Liquidation in USA

Reading Time: < 1 minuteA revised plan for bankruptcy and winding down operations in the United States has been approved by the court for cryptocurrency exchange Bittrex.

November 1, 2023October 31, 2023 Chris Smith News

Hester Peirce is Against SEC Actions in LBRY Case

Reading Time: < 1 minuteCommissioner Hester Peirce of the SEC has expressed her belief that the agency could have better utilized their time and resources by focusing on developing a workable regulatory framework, rather than devoting them to the LBRY case.

October 31, 2023October 31, 2023 Chris Smith News

UN Says There is a Correlation Between Bitcoin Price and Network Energy Consumption

Reading Time: < 1 minuteUN scientists concluded that the increase in their energy consumption to 173.42 TWh in 2020-2021 happened at the same time as Bitcoin reached its all-time high of $69,000.

October 31, 2023October 31, 2023 Chris Smith News

Ethereum Puts Off Dencun Hard Fork to 2024

Reading Time: < 1 minuteAccording to a report by Blockworks, Ethereum client developers have confirmed that the anticipated Dencun update will not be activated on the main network until the end of 2023.

October 30, 2023October 30, 2023 Chris Smith News

Animoca Brands Purchases Azarus

Reading Time: < 1 minuteAnimoca Brands, a Hong Kong-based company in the blockchain gaming industry, has acquired the Web3 streaming platform Azarus, according to a report from VentureBeat.

October 30, 2023October 30, 2023 Chris Smith News

Elliptic: The Share of Cryptos in Terrorism Financing is Small

Reading Time: < 1 minuteBlockchain experts, including Elliptic and Chainalysis, believe the use of virtual currencies by extremist groups is often overstated.

October 27, 2023October 27, 2023 Chris Smith News

SEC Imposes $2.5M Fine on BlackRock

Reading Time: < 1 minuteThe SEC has charged BlackRock with knowingly providing false information about their investments in the entertainment industry.

October 26, 2023October 26, 2023 Chris Smith News

Mexican Billionaire: BTC is a Reliable Hedge Against Inflation

Reading Time: < 1 minuteAccording to a recent interview with Bitcoin Magazine, Mexican billionaire Ricardo Salinas Pliego, founder of the Grupo Salinas group of companies, discussed his views on BTC.

October 26, 2023October 26, 2023 Chris Smith News

Nym Technologies Unveils $300M Fund with a16z Support

Reading Time: < 1 minuteThe CEO of Nym Technologies, Harry Halpin, has announced the launch of an Innovation Fund program with the goal of supporting developers of privacy-focused solutions for the decentralized web.

October 25, 2023October 25, 2023 Chris Smith News

Report: US Residents Conducted $1T in Crypto Transactions in a Year

Reading Time: < 1 minuteBetween July 2022 and June 2023, US residents conducted over $1 trillion in cryptocurrency transactions, making it the highest in the world.

October 25, 2023October 25, 2023 Chris Smith News

Berkshire Vice President: Investing in Bitcoin is Pointless

Reading Time: < 1 minuteAs per Berkshire’s Vice President Charlie Munger, there is absolutely no reason to buy into the hype surrounding Bitcoin.

October 24, 2023October 24, 2023 Chris Smith News

Former ConsenSys Employees File Lawsuit Against Joseph Lubin

Reading Time: < 1 minuteA lawsuit has been filed by more than 20 ex-employees of ConsenSys against founder Joseph Lubin, alleging that he failed to fulfill a stock agreement for the infrastructure company.

October 23, 2023October 23, 2023 Chris Smith News

LBRY Shuts Down

Reading Time: < 1 minuteLBRY, the developer of the decentralized media platform Odysee, has announced that it will be shutting down, citing debts amounting to several million dollars.

October 23, 2023October 23, 2023 Chris Smith News

Kyrgyzstan is Becoming a Blockchain Hub in Asian Region

Reading Time: < 1 minuteThe Kyrgyz government is opposed to recognizing Bitcoin as a legitimate form of payment, but is taking steps to encourage the growth of blockchain technology.

October 20, 2023October 20, 2023 Chris Smith News

Developers Are Leaving the Bitcoin Industry: Report

Reading Time: < 1 minuteAs of October 1, 2023, there were 19,300 developers working on open source crypto projects, a decrease of 27% in 12 months according to a report by Electric Capital.

October 20, 2023October 19, 2023 Chris Smith News

US Congress Urges Government to Deny Hamas Access to Crypto

Reading Time: < 1 minuteUS Congress members have urged the US government to prevent the Hamas group from accessing its cryptocurrency wallets.

October 19, 2023October 19, 2023 Chris Smith News

Sazmining Unveils Green Bitcoin Farm in Paraguay

Reading Time: < 1 minuteAmerican mining company Sazmining has set up a Bitcoin mining facility in Paraguay that is solely powered by renewable energy.

October 18, 2023October 18, 2023 Chris Smith News

BitGo Buys Asset Manager Software Developer HeightZero

Reading Time: < 1 minuteCrypto custodian BitGo has recently acquired HeightZero, a company that provides software for asset managers.

October 18, 2023October 18, 2023 Chris Smith News

Study: Centralized Crypto Exchanges Enjoy Great Popularity in Latin America

Reading Time: < 1 minuteA recent study by Chainalysis found that centralized exchanges (CEX) are the preferred option for Latin American cryptocurrency investors.

October 17, 2023October 17, 2023 Chris Smith News

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