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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.

KPMG Canada Purchases Bitcoin and Ethereum

Reading Time: < 1 minuteThe Canadian branch of audit firm KPMG has recently announced it has purchased Bitcoin and Ethereum using the Gemini Trust Company service.

February 9, 2022February 9, 2022 Chris Smith News

FBI Seizes $3.6B in Bitcoin Stolen From Bitfinex

Reading Time: < 1 minuteRepresentatives of the US authorities have announced the detention of persons involved in the hacking of Bitfinex in 2016, as well as the confiscation of $3.6 billion in Bitcoin.

February 9, 2022February 9, 2022 Chris Smith News

Nvidia Will Not Buy Chip Maker ARM for $40B

Reading Time: < 1 minuteGraphics company Nvidia has recently announced that it has abandoned its $40 billion acquisition of chip manufacturer ARM.

February 8, 2022February 8, 2022 Chris Smith News

FDIC Says Crypto Adoption Poses Risks to Financial System

Reading Time: < 1 minuteThe FDIC acting chairman Martin Gruenberg has said cryptos and the assessment of the risks associated with them have been among the top priorities in the work of the FDIC for this year.

February 8, 2022February 8, 2022 Chris Smith News

BuzzFeed is Criticized for Revealing Identities of Bored Ape Yacht Club Founders

Reading Time: < 1 minuteBuzzFeed journalist Katie Notopoulos has revealed the identities of two of the four co-founders of the Bored Ape Yacht Club (BAYC) NFT collection.

February 7, 2022February 7, 2022 Chris Smith News

Justin Sun is Accused of Manipulating Vote in Compound Protocol

Reading Time: < 1 minuteJustin Sun, the founder of Tron, has been accused of a “governance attack” on landing protocol Compound.

February 7, 2022February 7, 2022 Chris Smith News

Crypto Exchange WhiteBIT Teams Up with Gaming Platform FACEIT

Reading Time: < 1 minuteCrypto exchange WhiteBIT has partnered with competitive online multiplayer gaming platform FACEIT.

February 4, 2022February 8, 2022 Chris Smith News

Fundstrat Believes Bitcoin Will Hit a Local Low

Reading Time: < 1 minuteMark Newton, Managing Director of Fundstrat, has said that in the next few months, the Bitcoin price with a “good probability” may reach a local bottom, but investors should proceed with caution.

February 4, 2022February 4, 2022 Chris Smith News

Bitcoin Volatility Falls to 15-month Low

Reading Time: < 1 minuteBitcoin has been trading in a tight range over the past few weeks.

February 3, 2022February 3, 2022 Chris Smith News

Solana Announces $5M Hackathon

Reading Time: < 1 minuteSolana has announced that it will hold an international Riptide hackathon from February 2 to March 17 with a $5 million prize pool and seed funding.

February 3, 2022February 3, 2022 Chris Smith News

Meta Refuses to Issue its Own Stablecoin

Reading Time: < 1 minuteFacebook, which has recently renamed to Meta, announced in 2019 the development of its own fiat-backed digital currency.

February 2, 2022February 2, 2022 Chris Smith News

ConsenSys Purchases Ethereum Wallet Operator MyCrypto

Reading Time: < 1 minuteConsenSys has just bought the ETH wallet operator MyCrypto.

February 2, 2022February 2, 2022 Chris Smith News

Gif Games and Talao Join Forces to Build Future of Identity in Metaverses

Reading Time: < 1 minuteGif Games and Talao have today announced they have entered into a new partnership to enhance the experience of gamers and their interaction with brands.

February 1, 2022February 1, 2022 Chris Smith News

Learn How to Make Deposits and Mint Your Own Non-Fungible Tokens on FTX

Reading Time: 4 minutesFTX offers its users a very interesting feature that makes it stand out of the competence. We are talking about the possibility of depositing and minting non-fungible tokens (NFTs).

February 1, 2022February 1, 2022 Chris Smith Analysis

Fed Releases Report on the Risks and Benefits of Stablecoins

Reading Time: < 1 minuteThe Federal Reserve of the United States (Fed) has published a report that examines the threats and impact of stablecoins on US monetary policy and the credit system.

February 1, 2022February 1, 2022 Chris Smith News

President of El Salvador Believes Bitcoin Will Grow

Reading Time: < 1 minuteThe President of El Salvador, Nayib Bukele, has said that due to the limited emission of BTC, the rise in the price of the asset is only a matter of time.

January 31, 2022January 31, 2022 Chris Smith News

Founder of DeFi Project Wonderland Allows it to Close

Reading Time: < 1 minuteDaniele Sestagalli, co-founder of DeFi project Wonderland, has announced he is ready to close it amid a serious split in the community.

January 31, 2022January 31, 2022 Chris Smith News

Cybercriminals Laundered $8.6B in Crypto Last Year

Reading Time: < 1 minuteAccording to research company Chainalysis, in 2021, cybercriminals laundered $8.6 billion worth of cryptocurrencies, and compared to 2020, this figure has increased by 25%.

January 28, 2022January 28, 2022 Chris Smith News

Russia Approves Roadmap for Crypto Regulation

Reading Time: < 1 minuteThe Russian Deputy Prime Minister Dmitry Chernyshenko has approved a roadmap for regulating the crypto market for the period until the end of 2022.

January 28, 2022January 28, 2022 Chris Smith News

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

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