Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Kazakhstan’s Authorities to Force Crypto Miners to Pay Taxes
Reading Time: < 1 minuteThe lower house of the Parliament of Kazakhstan has recently adopted an amended version of the draft law “On regulation of digital assets.”
Crypto Miner Greenidge Will Sell NYDIG Mining Devices to Pay Off Debt
Reading Time: < 1 minuteMining firm Greenidge Generation has recently entered into an agreement with creditor NYDIG to sell most of its mining machines to pay off a $74 million debt.
Coinbase Shares Lose More Than 90% of Their Value Since Company’s Listing
Reading Time: < 1 minuteThe market capitalization of US-based cryptocurrency exchange Coinbase has fallen by more than ten times after it was listed on Nasdaq.
Study: DeFi Popularity in North America Reduces BTC Dominance
Reading Time: < 1 minuteBetween July 2021 and June 2022 in North America, decentralized finance (DeFi) accounted for 37% of total cryptocurrency transactions.
Guggenheim Partners Founder: The Collapse of FTX Will Trigger a Crisis in the Blockchain Industry
Reading Time: < 1 minuteThe bankruptcy of crypto exchange FTX will lead to the fact that the blockchain industry will find itself in a protracted crisis.
BTC Mining Difficulty Increases 3.27%
Reading Time: < 1 minuteThe difficulty of mining BTC has increased by 3.27% to 35.36 T after the most recent recalculation.
Tezos Launches Lima, the 12th Upgrade of its Protocol
Reading Time: < 1 minuteTezos has just announced it has activated Lima, the 12th upgrade to the protocol.
User Files Lawsuit Against Silvergate Bank for Transferring FTX User Deposits to Alameda Research Accounts
Reading Time: < 1 minuteA US user has recently filed a class action lawsuit against Silvergate Bank for reportedly transferring FTX user deposits to Alameda Research accounts.
Crypto Exchange KuCoin Requested to Register in Netherlands by Country’s Authorities
Reading Time: < 1 minuteThe Netherlands has called on the leadership of the exchange to register in the country as soon as possible.
FTX’s CEO Will Not Be Extradited to the US
Reading Time: < 1 minuteSam Bankman-Fried will not challenge extradition to the US.
The Market Cap of Stablecoins Falls by 8% in 9 Months
Reading Time: < 1 minuteInvestors have withdrawn more than $14.3 billion from stablecoins since the start of spring.
Changpeng Zhao Says Binance Has No Liquidity Problems
Reading Time: < 1 minuteThe platform has enough liquidity so, if necessary, all customers can withdraw 100% of their assets.
Nasdaq: Crypto Mining Company Bitfarms May Be Delisted
Reading Time: < 1 minuteBitfarms has recently received a notice from the Nasdaq in which it has warned the company that it might be delisted for violating its rules.
Changpeng Zhao: Binance Can Survive Any Crisis
Reading Time: < 1 minuteHe has said that despite Binance may face big problems in the coming months, the exchange will survive any shock.
Gemini Users Suffer Phishing Attacks
Reading Time: < 1 minuteCryptocurrency exchange Gemini has recently reported it has suffered a leak of user data as a result of a series of phishing attacks.
US Senator Cynthia Lummis Praises Pension Funds With Exposure to BTC
Reading Time: < 1 minuteCynthia Lummis believes Bitcoin will soon become part of the global financial system.
JPMorgan: 13% of US Citizens Have Transferred Funds to a Crypto-related Account
Reading Time: < 1 minuteThe proportion of US adults who have ever transferred funds to a crypto-related account has increased from 3% before 2020 to 13% as of June 2022.
USDT Issuer Tether Helps Binance Swap 3 Billion USDT from Tron’s to Ethereum’s Network
Reading Time: < 1 minuteTether, the issuer of the stablecoin USDT, has helped crypto exchange Binance swap 3 billion USDT from Tron to Ethereum.
Animoca Brands and TinyTap to Auction Second Set of Publisher NFTs on December 15
Reading Time: < 1 minuteAnimoca Brands and its subsidiary TinyTap have just announced the second series of teacher-authored Publisher NFTs will be auctioned on NFT marketplace OpenSea starting at 19:00 (EST) on December 15.
63 Suspects of Laundering $1.7B Through USDT Are Arrested in China
Reading Time: < 1 minuteThe Chinese authorities have arrested 63 people in a massive operation for reportedly laundering $1.7 billion using Tether’s USDT.
Web3 Game Dogami Completes $7M Fundraising
Reading Time: < 1 minuteDogami, a we Web3 game about adopting and raising virtual dogs, has recently raised $7 million in an expanded seed funding round.
Arthur Hayes: Bitcoin Has Hit Bottom
Reading Time: < 1 minuteArthur Hayes has said that BTC has hit the low of the current cycle.
Crypto.com Releases Information About its Reserves
Reading Time: < 1 minuteCrypto.com reported last Friday that the company’s financial position is excellent.
Florida is US State With Fastest Adoption of Cryptocurrencies
Reading Time: < 1 minuteFlorida is the leader in terms of digital currency adoption and blockchain infrastructure development in the US.
Binance Suspends Withdrawal of Some Assets
Reading Time: < 1 minuteBinance has recently announced the suspension of withdrawals for some particular assets and restricted the accounts of some users.
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