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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.

SEC Starts Investigation Into Gemini, Voyager and Celsius Network

Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has launched an investigation into the activities of the providers of landing services Voyager, Gemini and Celsius Network.

January 27, 2022January 27, 2022 Chris Smith News

Greenidge Generation Invests $264M in New Crypto Mining Venture

Reading Time: < 1 minuteCrypto mining company Greenidge Generation has announced it intends to build a data center for mining cryptocurrencies in South Carolina (USA).

January 27, 2022January 27, 2022 Chris Smith News

FTX US Raises $400M and Hits $8 Billion Valuation

Reading Time: < 1 minuteThe US division of digital asset platform FTX has recently completed a $400 million Series A funding round and has reached a valuation of $8 billion.

January 26, 2022January 26, 2022 Chris Smith News

The IMF Urges El Salvador to Abandon Bitcoin as a Means of Payment

Reading Time: < 1 minuteThe Executive Board of the International Monetary Fund (IMF) has recommended that El Salvador deprive the first crypto of the status of a legal means of payment in the country.

January 26, 2022January 26, 2022 Chris Smith News

UBS: The Market Will Suffer a Long Crypto Winter

Reading Time: < 1 minuteThe weakening of the arguments in favor of Bitcoin as a currency and inflation hedge against the backdrop of tightening the Fed’s policy speaks of the potential onset of a “crypto winter.”

January 25, 2022January 25, 2022 Chris Smith News

Bithumb Will Block Withdrawals to Unverified Wallets

Reading Time: < 1 minuteSouth Korean crypto exchange Bithumb will prohibit users from withdrawing crypto assets to unverified third-party wallets.

January 25, 2022January 25, 2022 Chris Smith News

TimechainSwap Unveils Farming and Liquidity Protocols on its Decentralized Exchange

Reading Time: < 1 minuteTimechain has just launched Automated Market Maker (AMM) liquidity pools, yield farming and staking functionality on its TimechainSwap DEX. 

January 24, 2022January 24, 2022 Chris Smith News

DFINITY Foundation Launches the First DEX on the ‘Internet Computer’ Network

Reading Time: < 1 minuteSonic has just became the first decentralized exchange (DEX) to be launched on the Internet Computer network.

January 24, 2022January 24, 2022 Chris Smith News

Russian FSB Agrees with Central Bank to Ban Crypto Transactions in Russia

Reading Time: < 1 minuteThe FSB has convinced the head of the Central Bank of the Russian Federation, Elvira Nabiullina, to support a complete ban on operations with cryptos in Russia.

January 21, 2022January 21, 2022 Chris Smith News

Tezos Announces Integration with Multi-chain NFT Solutions Firm XP.network

Reading Time: < 1 minuteXP.network has today announced it is integrating with the Tezos blockchain.

January 20, 2022January 20, 2022 Chris Smith News

Russian Banks Start Testing Operations with Digital Ruble

Reading Time: < 1 minuteSome Russian banks have started to test operations with the digital ruble or are actively preparing for its start.

January 20, 2022January 20, 2022 Chris Smith News

The European Union Wants to Ban Mining of Cryptos Based on Proof-of-Work Algorithm

Reading Time: < 1 minuteEU regulators should ban the mining of Bitcoin and other cryptocurrencies on the Proof-of-Work algorithm due to its energy intensity.

January 19, 2022January 19, 2022 Chris Smith News

UFC Champion Francis Ngannou Will Receive Half of Prize Money in Bitcoin

Reading Time: < 1 minuteReigning UFC Mixed Martial Arts Champion Francis Ngannou will receive half of the fee for the fight at the tournament on January 23, 2022 in Bitcoin.

January 19, 2022January 19, 2022 Chris Smith News

Invesco Predicts BTC Will Fall Below $30,000 by 2022

Reading Time: < 1 minuteThe price of Bitcoin could fall to $30,000 as the bubble in the asset deflates.

January 18, 2022January 18, 2022 Chris Smith News

Blossom Capital Launches $432 Million Crypto Fund

Reading Time: < 1 minuteLondon-based venture capital company Blossom Capital has recently launched a $432 million fund.

January 18, 2022January 18, 2022 Chris Smith News

Footwear Company Crocs Plans to Enter the NFT Market

Reading Time: < 1 minuteFootwear manufacturer Crocs has applied for a trademark in the non-fungible tokens (NFTs) segment.

January 17, 2022January 17, 2022 Chris Smith News

USDC Supply on Ethereum Exceeds USDT for First Time

Reading Time: < 1 minuteThe total supply of stablecoin USD Coin (USDC) from the Center consortium on the Ethereum blockchain has surpassed Tether (USDT) for the first time.

January 17, 2022January 17, 2022 Chris Smith News

NEAR Protocol Developers Launch New Staking Mechanism

Reading Time: < 1 minuteThe NEAR Protocol team has just unveiled a new staking mechanism that allows validators to reward delegates in several different tokens.

January 14, 2022January 14, 2022 Chris Smith News

Elon Musk Announces Tesla Now Accepts Dogecoin for Company Merchandise

Reading Time: < 1 minuteTesla has started to sell certain goods for Dogecoin (DOGE), the company CEO Elon Musk has announced via Twitter.

January 14, 2022January 14, 2022 Chris Smith News

Robinhood Says It Does Not Plan to Invest in Bitcoin

Reading Time: < 1 minuteOnline broker Robinhood has no plans to invest corporate funds in digital assets, the company CFO Jason Warnik has told The Wall Street Journal.

January 13, 2022January 13, 2022 Chris Smith News

FTX CEO Calls on Regulators to Create Uniform Regulation for Cryptocurrencies

Reading Time: < 1 minuteSam Bankman-Fried has said regulators should create a unified global system for overseeing the crypto market.

January 12, 2022January 12, 2022 Chris Smith News

JPMorgan: 41% of Users Say Bitcoin Will Hit $60,000 by End of Year

Reading Time: < 1 minuteOnly 5% of clients surveyed by JPMorgan believe the price of BTC will reach $100,000 by the end of 2022.

January 11, 2022January 11, 2022 Chris Smith News

Associated Press to Launch NFT Photo Marketplace

Reading Time: < 1 minuteNews agency Associated Press (AP) has announced the launch of a platform for selling its own photographs as NFTs.

January 11, 2022January 11, 2022 Chris Smith News

A Division of Central Bank of India to Develop Law on Crypto Sphere

Reading Time: < 1 minuteA new division of the Reserve Bank of India is developing a regulatory framework for the blockchain industry and the national digital currency (CBDC).

January 10, 2022January 10, 2022 Chris Smith News

Internet Computer Devs Complete First Stage of Integration with Bitcoin Blockchain

Reading Time: < 1 minuteThe DFINITY Foundation has announced it has completed the first phase of deploying ICP smart contracts on the Bitcoin network.

January 10, 2022January 10, 2022 Chris Smith News

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