Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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.
Polygon Lays Off 20% of its Staff
Reading Time: < 1 minuteBlockchain platform Polygon has recently announced it is reducing its workforce by about 20%.
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.
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.
Crypto Exchange Zipmex to Resume Withdrawals
Reading Time: < 1 minuteCrypto exchange Zipmex will resume withdrawing funds after the acquisition closes.
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.
Oman to Develop a Crypto Regulatory Framework
Reading Time: < 1 minuteOman plans to create a regulatory framework for the digital asset industry.
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.
Hedge Fund Galois Capital Shuts Down Due to FTX Collapse
Reading Time: < 1 minuteGalois Capital has decided to close after the events related to crypto exchange FTX.
Gaming-focused Web3 Startup Nefta Raises $5M
Reading Time: < 1 minuteGaming-focused infrastructure startup Nefta has recently raised $5 million in seed funding.
Mike Novogratz: Bitcoin Will Hit $30,000 in Q1 2023
Reading Time: < 1 minuteAccording to Galaxy Digital CEO Mike Novogratz, Bitcoin is set to hit new highs.
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.
ECB: Banks Must Now Adhere to Basel Standards When Dealing with Cryptos
Reading Time: < 1 minuteThe ECB has just urged banks working with cryptocurrencies to adhere to the standards developed by the Basel Committee on Banking Supervision.
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.
Amazon’s Branch Alexa Fund Invests $20M in Superplastic
Reading Time: < 1 minuteThe venture arm of Amazon,has recently led a $20 million round for Superplastic.
DBS Will Launch Crypto Services in Hong Kong
Reading Time: < 1 minuteDBS has decided to serve Hong Kong crypto traders.
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.
Citadel Securities Acquires Stake in Silvergate Bank
Reading Time: < 1 minuteInvestment firms Citadel Securities and Susquehanna Advisors Group have recently disclosed their purchase of 7.5% and 5.5% equity stakes in Silvergate.
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.
Institutional Investors Withdraw Funds from Crypto Funds for First Time in Four Weeks
Reading Time: < 1 minuteInstitutions last week withdrew funds from instruments focused on digital currencies for the first time since the beginning of 2023.
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.
PayPal Suspends the Development of its Stablecoin
Reading Time: < 1 minutePayPal announced last week that it was suspending the development of its digital currency.
BNY Mellon: Cryptocurrencies Are Firmly Entrenched in the Financial Sector
Reading Time: < 1 minuteAccording to Michael Demissie, Head of Advanced Solutions at BNY Mellon, cryptocurrencies are firmly entrenched in the financial sector.
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.
LocalBitcoins Shuts Down
Reading Time: < 1 minuteThe Finnish company has just announced it is suspending its operations.
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