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Category: News

Latest news on blockchain, cryptocurrencies and the crypto world in general.

WhiteBIT Lists Native Token WBT

Reading Time: < 1 minuteCryptocurrency exchange WhiteBIT has listed its internal WhiteBit Token (WBT) on August 25.

August 25, 2022August 25, 2022 Chris Smith News

Hacker Attacks Cross-chain Bridge Rainbow Bridge

Reading Time: < 1 minuteCross-chain bridge Rainbow Bridge has successfully repelled an attack by an unknown hacker on August 20.

August 25, 2022August 23, 2022 Chris Smith News

Invesco to Launch Fund to Invest in Metaverse

Reading Time: < 1 minuteInvesco has recently announced the launch of a fund for investments in companies focused on virtual worlds.

August 24, 2022August 23, 2022 Tony Pearce News

IMF is Concerned About Growth of Correlation Between Crypto and Asian Stock Market

Reading Time: < 1 minuteThe increased correlation between cryptocurrencies and stock markets in Asia is a matter of concern and calls for additional regulatory action.

August 23, 2022August 23, 2022 Chris Smith News

Nigeria’s CBDC Transaction Volume Exceeds $9M

Reading Time: < 1 minuteNigeria’s CBDC has been used to conduct transactions totaling 4 billion Nigerian Naira or $9.3 million

August 21, 2022August 22, 2022 Chris Smith News

GameFi Project Snook Enters into Partnership with Unstoppable Domains

Reading Time: < 1 minuteSnook has opened up the possibility of launching “themed rooms” to ecosystem partners Unstoppable Domains and LobsterDAO.

August 19, 2022August 19, 2022 Chris Smith News

Pension Fund of Canada Writes Off $150M Investment in Celsius

Reading Time: < 1 minuteCaisse de dépôt et Placement du Québec (CDPQ) has posted a write-off of CAD 200 million or about $150 million of investments in crypto lending platform Celsius Network.

August 18, 2022August 18, 2022 Tony Pearce News

BlackRock Unveils Bitcoin Trust for Institutional Investors

Reading Time: < 1 minuteAsset manager BlackRock has announced that it has launched a US-based institutional-focused trust that tracks the price of BTC.

August 12, 2022August 12, 2022 Chris Smith News

JPMorgan: Ethereum Miners Will Be Affected by The Merge Update

Reading Time: < 1 minuteWith the transition of Ethereum to the Proof-of-Stake (PoS) consensus algorithm, miners will have to look for alternative sources of income.

August 12, 2022August 12, 2022 Tony Pearce News

Symbiosis Finance Teams Up with Benqi Finance

Reading Time: < 1 minuteSymbiosis Finance, a multi-chain liquidity protocol, has joined forces with Avalanche-based lending protocol Benqi Finance.

August 12, 2022August 12, 2022 Chris Smith News

Binance Labs Invests in Node Provider Ankr

Reading Time: < 1 minuteBinance Labs has recently made a major investment in Ankr, the second largest node provider just behind Alchemy.

August 11, 2022August 11, 2022 Tony Pearce News

CoinFLEX Files For Company’s Restructuring

Reading Time: < 1 minuteCrypto derivatives platform CoinFLEX has filed a restructuring application with the Seychelles Court.

August 11, 2022August 11, 2022 Chris Smith News

Decentralized Finance Project Injective Protocol Attracts $40M

Reading Time: < 1 minuteDeFi protocol Injective Protocol has recently raised $40 million in a funding round to accelerate the adoption and development of Web3.

August 11, 2022August 11, 2022 Tony Pearce News

Hotbit Suspends Trading and Withdrawals

Reading Time: < 1 minuteCryptocurrency exchange Hotbit suspended trading, depositing and withdrawing funds for all customers yesterday.

August 11, 2022August 11, 2022 Chris Smith News

Social Network Reddit to Transfer Tokens to Arbitrum Nova Network

Reading Time: < 1 minuteSocial content platform Reddit has teamed up with the Arbitrum platform and FTX to implement the Community Points program in the second layer network.

August 10, 2022August 10, 2022 Chris Smith News

ARK Invest Sells Block Shares to Increase its Position in GPU Maker Nvidia

Reading Time: < 1 minuteThe Ark Innovation ETF has dumped 235,489 Block (formerly Square) shares worth over $20.1 million to buy an additional 366,982 Nvidia shares worth $65.3 million.

August 10, 2022August 10, 2022 Tony Pearce News

ETC Cooperative Questions Feasibility of ETH PoW Fork

Reading Time: < 1 minuteA potential PoW fork of Ethereum would require a huge coordination effort and would not be viable if implemented.

August 10, 2022August 10, 2022 Chris Smith News

US Authorities Deny Alexander Vinnik Bail

Reading Time: < 1 minuteAlexander Vinnik is not subject to bail, according to the prisoner’s profile on the website of the Santa Rita prison.

August 9, 2022August 9, 2022 Tony Pearce News

Nansen CEO Says Activity in Other Networks Will Fall Following The Merge Update

Reading Time: < 1 minuteCrypto users may switch to using Ethereum after the network’s upcoming transition to the Proof-of-Stake consensus algorithm.

August 9, 2022August 9, 2022 Chris Smith News

Polygon-based Gaming Project Dragoma Turns to Be Rug Pull Scam

Reading Time: < 1 minuteThe developers of the Polygon-based web3 game Dragoma have reportedly implemented a rug pull scam.

August 8, 2022August 8, 2022 Chris Smith News

Alexander Vinnik Appears Before US Court for First Time

Reading Time: < 1 minuteAlexander Vinnik has appeared for the first time before an American court in San Francisco.

August 8, 2022August 8, 2022 Tony Pearce News

Changpeng Zhao: Binance Is Not Associated With Indian Crypto Exchange WazirX

Reading Time: < 1 minuteCrypto exchange Binance has never held a stake in Zanmai Labs, the company behind the Indian platform WazirX.

August 8, 2022August 8, 2022 Chris Smith News

Hackers Steal $5M from Exchange ZB.com

Reading Time: < 1 minuteAlmost $5 million in cryptocurrencies has been stolen from crypto exchange ZB.com by hackers.

August 5, 2022August 5, 2022 Chris Smith News

FTX CEO Supports Bill to Transfer Crypto Market Control to CFTC

Reading Time: < 1 minuteSam Bankman-Fried has praised the bill submitted to the US Congress to empower the Commodity Futures Trading Commission (CFTC) to regulate the cryptocurrency market.

August 5, 2022August 5, 2022 Tony Pearce News

Frax Finance Team Proposes Abandoning PoW ETH Forks

Reading Time: < 1 minuteThe algorithmic stablecoin FRAX will not be launched in potential Proof-of-Work (PoW) forks of the Ethereum blockchain.

August 5, 2022August 5, 2022 Chris Smith News

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