Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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.
Tether Earned $700M in Q4 2022 Net Income
Reading Time: < 1 minuteTether Limited recorded a net profit of $700 million in October-December.
Aave Launches its GHO Stablecoin on Ethereum Testnet
Reading Time: < 1 minuteAave Companies has launched the GHO stablecoin on the Ethereum testnet Goerli.
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.
Dubai Bans Transactions with Private Tokens
Reading Time: < 1 minuteThe United Arab Emirates is tightening its control over the cryptocurrency sector.
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.
The BIS Plans to Develop a Platform for Monitoring Stablecoin Reserves
Reading Time: < 1 minuteThe Bank for International Settlements has announced that it is working on the creation of a monitoring system for the sufficiency of backing “stablecoins.”
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.
Crypto-based Investment Funds Received $76M Last Week
Reading Time: < 1 minuteLarge investors have invested approximately $76 million in such instruments over the past week.
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.
Visa Announces Launch of Platform for Exchanging Stablecoins for Fiat Money
Reading Time: < 1 minuteThe company plans to build a global blockchain payment infrastructure whose underlying asset will be fiat-backed stablecoins.
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