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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.

Ukraine Becomes 5th Country in Terms of Crypto Adoption: Report

Reading Time: < 1 minuteUkraine held the fifth position globally for cryptocurrency adoption in 2023.

September 20, 2023September 20, 2023 Chris Smith News

Binance CEO Rejects SEC’s Arguments Against Exchange’s US Division

Reading Time: < 1 minuteBinance CEO CZ has rejected the SEC’s allegations, stating that their US division had never used the custody service previously known as Binance Custody.

September 20, 2023September 20, 2023 Chris Smith News

Outflows From Crypto Funds Hit $455M: Report

Reading Time: < 1 minuteDuring the period of September 9 to 15, a total of $54 million were withdrawn from cryptocurrency investment products.

September 19, 2023September 19, 2023 Chris Smith News

TikTok Scammers Use Elon Musk’s Image to Steal BTC

Reading Time: < 1 minuteA new round of fraudulent cryptocurrency distribution allegedly on behalf of Elon Musk is targeting TikTok users.

September 19, 2023September 19, 2023 Chris Smith News

Meta to Expand its Horizon Worlds Metaverse to Mobile Devices

Reading Time: < 1 minuteMeta has announced the opening of early access to the first world of the Horizon Worlds metaverse beyond VR headsets.

September 18, 2023September 18, 2023 Chris Smith News

ApeCoin Community Gives Green Light to $12M Allocation for New NFT Collection

Reading Time: < 1 minuteAIP-304, a proposal put forth by Taiwanese entrepreneur Jeffrey Huang (known under the pseudonym Machi Big Brother), was voted in favor of by token holders of ApeCoin (APE) on September 15-21.

September 18, 2023September 18, 2023 Chris Smith News

Binance Rolls Out a New Anti Scam Program for P2P Platform Users

Reading Time: < 1 minuteBinance has launched an Anti-Scam Ninja program for all users of its P2P platform.

September 15, 2023September 15, 2023 Chris Smith News

SWIFT’s CBDC Interoperability Pilot is Joined by Additional Central Banks

Reading Time: < 1 minuteSWIFT has connected the central banks of three countries to the second stage of its pilot testing for the compatibility of traditional systems with CBDC.

September 15, 2023September 15, 2023 Chris Smith News

Crypto Exchange Binance Announces $500K in BNB Tokens Donation to Libya Flood Victims

Reading Time: < 1 minuteBinance Charity is donating BNB tokens worth up to $500,000 to Libyan users in aid of their flood recovery.

September 14, 2023September 14, 2023 Chris Smith News

PayPal Launches a Service to Convert Crypto into USD

Reading Time: < 1 minutePayPal has announced the launch of a service that will give U.S. residents the ability to exchange cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) for US dollars.

September 13, 2023September 13, 2023 Chris Smith News

SushiSwap Adds Support for Aptos Network

Reading Time: < 1 minuteDecentralized exchange SushiSwap has just announced it has added support for the Aptos blockchain.

September 12, 2023September 12, 2023 Chris Smith News

Cryptocurrency Trading Volume in Spot and Derivatives Markets Declines by More Than 11%

Reading Time: < 1 minuteCCData has observed a decrease in cryptocurrency market participation over the last few months.

September 12, 2023September 12, 2023 Chris Smith News

Thodex Founder Sentenced to 11,196 Years in Prison

Reading Time: < 1 minuteThe founder and former CEO of Turkish crypto exchange Thodex, Faruk Fatih Ozer, was sentenced to 11,196 years in prison in an Anatolia court.

September 11, 2023September 11, 2023 Chris Smith News

Arthur Hayes Believes Fed is Creating Conditions for Bitcoin to Rise

Reading Time: < 1 minuteArthur Hayes, the former head of BitMEX, has stated his belief that Bitcoin will gain strength due to the capital reallocation out of the US dollar.

September 8, 2023September 8, 2023 Chris Smith News

Number of Active Solana Users Falls to Two-year Low

Reading Time: < 1 minuteThe total number of wallets using the Solana network for sending and receiving funds is currently at its lowest mark since autumn 2020, with a recorded drop to 204,000.

September 7, 2023September 7, 2023 Chris Smith News

USDT Issuer Tether Increases its Investment in US Treasuries

Reading Time: < 1 minuteTether has seen a jump in their investments in US treasury bonds in the last four months, rising up the rankings three places to become the 22nd largest holder of such debt.

September 6, 2023September 6, 2023 Chris Smith News

Nigeria is Leader in Digital Currencies Adoption in Africa: Survey

Reading Time: < 1 minuteA ConsenSys and YouGov survey of 15,158 people aged 18 to 65 years from 15 countries revealed that Nigeria is a leader in the adoption of digital currencies on the African continent.

September 5, 2023September 5, 2023 Chris Smith News

Bitwise Withdraws Application to Launch an ETF Based on Bitcoin and Ethereum

Reading Time: < 1 minuteBitwise has decided to retract their application to launch the Bitcoin and Ether Market Cap Weight Strategy ETF, dated August 3.

September 4, 2023September 4, 2023 Chris Smith News

Changpeng Zhao: DeFi Will Outperform CeFi in Next Bull Market

Reading Time: < 1 minuteChangpeng Zhao believes the DeFi sector has the capacity to exceed Centralized Finance (CeFi) during the next cryptocurrency surge.

September 4, 2023September 4, 2023 Chris Smith News

Court Dismisses Class Action Lawsuit Against Uniswap

Reading Time: < 1 minuteThe Southern District of New York court dismissed a class action lawsuit against Uniswap Labs, its CEO Hayden Adams, the Uniswap Foundation and venture investors of the decentralized exchange.

September 1, 2023September 1, 2023 Chris Smith News

Lufthansa Unveils NFT Initiative on Polygon’s Network

Reading Time: < 1 minute
German airline Lufthansa has created the Uptrip loyalty program based on non-fungible tokens (NFTs) on the Polygon network.

September 1, 2023September 1, 2023 Chris Smith News

Crypto Bank SEBA Granted Hong Kong Regulator’s Approval

Reading Time: < 1 minuteSEBA Bank, a Switzerland-based licensed cryptocurrency bank, has been granted in-principle approval by the SFC to carry out digital asset-related activities in Hong Kong.

August 31, 2023August 31, 2023 Chris Smith News

US Congress Proposes Dismissing Gary Gensler

Reading Time: < 1 minuteUS House of Representatives member Warren Davidson has once again called for the removal of Gary Gensler from his post as head of the SEC following a positive court verdict for Grayscale in its conversion of GBTC tokens into an ETF.

August 31, 2023August 31, 2023 Chris Smith News

South Korean Exchanges Forced to Keep Reserves of at Least $2.3M

Reading Time: < 1 minuteThe Banking Federation of South Korea (KFB) has mandated that cryptocurrency exchanges must maintain at least $2.26 million in reserves in a bank account, starting in September 2023.

August 30, 2023August 30, 2023 Chris Smith News

Robinhood Invests More Than $3 Billion in BTC

Reading Time: < 1 minute
According to Arkham Intelligence, the Robinhood Bitcoin wallet is the third largest, holding more than $3 billion worth of cryptocurrency.

August 29, 2023August 29, 2023 Chris Smith News

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  • bitcoinBitcoin (BTC) $ 80,067.00 2.46%
  • ethereumEthereum (ETH) $ 2,373.62 3.1%
  • tetherTether (USDT) $ 0.999749 0.01%
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