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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.

Alchemy Pay Gets License in Indonesia

Reading Time: < 1 minuteAlchemy Pay has announced that it has received a license from the Central Bank of Indonesia to operate as a payment system operator.

February 28, 2023February 27, 2023 Chris Smith News

Circle’s CEO Says SEC Should Not Regulate Stablecoins

Reading Time: < 1 minuteCircle CEO Jeremy Allaire has urged the SEC not to regulate stablecoins as securities.

February 27, 2023February 27, 2023 Chris Smith News

Gary Gensler: Cryptocurrencies Should Be Recognized as Securities

Reading Time: < 1 minuteAccording to Gary Gensler, chairman of the SEC, any cryptocurrencies with the exception of Bitcoin can be classified as securities.

February 27, 2023February 27, 2023 Chris Smith News

3AC’s NFT Collection is Put Up for Sale by Liquidators

Reading Time: < 1 minuteThe collection of NFTs collected by bankrupt crypto hedge fund 3AC will be put up for sale.

February 24, 2023February 24, 2023 Chris Smith News

Base Protocol Token Rises by 275% After Coinbase Launches its L2 Network

Reading Time: < 1 minuteThe price of the BASE token has jumped from around $2 to a high of $7.5.

February 24, 2023February 24, 2023 Chris Smith News

Reddit Co-founder Bought 50K ETH in 2014

Reading Time: < 1 minuteAlexis Ohanian, co-founder of Reddit, invested $15,000 in Ethereum at 30 cents in a 2014 presale.

February 23, 2023February 23, 2023 Chris Smith News

BIS: The Majority of Retail Bitcoin Investors Are Suffering Losses

Reading Time: < 1 minuteThe average retail investor lost about half of the funds invested in Bitcoin from 2015 to 2022.

February 22, 2023February 22, 2023 Chris Smith News

Arbitrum Network’s Activity Approaches Ethereum’s

Reading Time: < 1 minuteThe daily volume of transactions in second-tier network Arbitrum has approached the milestone of 1 million.

February 22, 2023February 22, 2023 Chris Smith News

Cameron Winklevoss Believes Asian Investors Will Help Bitcoin Grow

Reading Time: < 1 minuteCameron Winklevoss believes digital currencies will increase in value due to the activation of Asian investors.

February 21, 2023February 21, 2023 Chris Smith News

A Top FTX Executive Will Plead Guilty to Fraud

Reading Time: < 1 minuteFTX’s former CTO intends to plead guilty to fraud for his role in the crypto exchange.

February 21, 2023February 21, 2023 Chris Smith News

OneCoin Founder Was Murdered

Reading Time: < 1 minuteRuja Ignatova, founder of cryptocurrency pyramid scheme OneCoin, was killed in November 2018 on a yacht in the Ionian Sea.

February 20, 2023February 20, 2023 Chris Smith News

Gaming-focused Web3 Startup Nefta Raises $5M

Reading Time: < 1 minuteGaming-focused infrastructure startup Nefta has recently raised $5 million in seed funding.

February 17, 2023February 17, 2023 Chris Smith News

Blur CEO Urges NFT Creators to Boycott Competitor OpenSea

Reading Time: < 1 minutePacman, the head of NFT marketplace Blur, has called on the creators of non-fungible tokens to ignore competitor OpenSea.

February 17, 2023February 17, 2023 Chris Smith News

South Korea’s Financial Watchdog Will Investigate Staking Services

Reading Time: < 1 minuteSouth Korean financial regulators will explore services to provide staking services to local crypto exchanges.

February 16, 2023February 16, 2023 Chris Smith News

Experts: Number of Bitcoin Users Will Grow to 1 Billion by 2026

Reading Time: < 1 minuteThe number of users of BTC in the next three years will grow from the current more than 300 million to 1 billion.

February 15, 2023February 15, 2023 Chris Smith News

Crypto Miner Iris Energy Plans to Increase its Hashrate from 2 EH/s to 5.5 EH/s

Reading Time: < 1 minuteAustralia-based mining company Iris Energy has announced it will increase in crypto mining capacity from 2 EH/s to 5.5 EH/s.

February 14, 2023February 14, 2023 Chris Smith News

NYDFS: Paxos Has Violated its Obligation to Conduct Individual Periodic Risk Assessments

Reading Time: < 1 minuteInfrastructure company and stablecoin issuer Paxos reportedly failed to secure BUSD, which could lead to misconduct.

February 14, 2023February 14, 2023 Chris Smith News

PayPal Suspends the Development of its Stablecoin

Reading Time: < 1 minutePayPal announced last week that it was suspending the development of its digital currency.

February 13, 2023February 13, 2023 Chris Smith News

Vitalik Buterin Donates $152,000 in ETH to Earthquake Victims

Reading Time: < 1 minuteEthereum co-founder Vitalik Buterin has recently sent 99 ETH to Ahbap.

February 13, 2023February 13, 2023 Chris Smith News

Tether Earned $700M in Q4 2022 Net Income

Reading Time: < 1 minuteTether Limited recorded a net profit of $700 million in October-December.

February 10, 2023February 10, 2023 Chris Smith News

Bank of England Submits Concept of Digital British Pound for Public Discussion

Reading Time: < 1 minuteThe Bank of England has this week introduced the concept of CBDC.

February 9, 2023February 9, 2023 Chris Smith News

Altcoin CHZ Rises 15% After Project Announces Mainnet Launch

Reading Time: < 1 minuteChiliz, the operator of the Socios platform, has released the Chiliz Chain 2.0 (CC2) mainnet.

February 9, 2023February 9, 2023 Chris Smith News

65% of BTC Addresses Have Become Profitable Again

Reading Time: < 1 minuteThe share of profitable addresses in the network increased to 65% in early February.

February 8, 2023February 8, 2023 Chris Smith News

Crypto Industry Will Help Turkey After Earthquake

Reading Time: < 1 minuteCrypto companies and and trading platforms have pledged help to Turkey after the devastating earthquake the country has suffered.

February 8, 2023February 8, 2023 Chris Smith News

MicroStrategy CEO Calls for Accelerating US Crypto Regulation

Reading Time: < 1 minuteMicroStrategy CEO Michael Saylor believes the US authorities need to take steps to speed up the adoption of legislation on digital currencies.

February 7, 2023February 7, 2023 Chris Smith News

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