Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Brazil’s Police Uncover €780 Million Crypto Pyramid Scheme
Reading Time: < 1 minuteThe Brazilian police have raided 20 addresses in three states linked to a €780 million international cryptocurrency fraud case.
Huobi Global Will Sell a Majority Stake
Reading Time: < 1 minuteCrypto exchange Huobi Global has agreed to sell a majority stake to Hong Kong-based investment firm About Capital Management.
Experts Warn the Correlation of Gold and Bitcoin Is Increasing
Reading Time: < 1 minuteAccording to a new study by Kaiko, the price correlation coefficient of gold and BTC has exceeded 0.3. Over the past year, the indicator has fluctuated in the corridor from -0.3 to 0.2.
Grayscale Launches a Structure for Investing in Crypto Miners
Reading Time: < 1 minuteDigital asset manager Grayscale Investments has recently launched a joint investment product for crypto mining equipment amid the crypto winter.
Arcane Research: Pound Devaluation Has Led to Record Purchases of Bitcoin for the GBP
Reading Time: < 1 minuteOn September 26, the daily volume of Bitcoin denominated in the British pound reached an all-time high of 47,000 BTC.
Cake DeFi Launches an ETH Staking Service with 5% Returns
Reading Time: < 1 minuteCake DeFi has just announced the launch of Ethereum (ETH) Staking.
Galaxy Digital CEO: The Fed’s Policy Easing Will Drive BTC’s Growth
Reading Time: < 1 minuteGalaxy Digital CEO Mike Novogratz has said that Bitcoin will rise in price if the Fed refuses to aggressively raise rates to fight inflation.
Crypto Industry Lost $428M from Hacks and Scams in Q3
Reading Time: < 1 minuteThe cumulative losses of the Web3 ecosystem from hacks and fraud amounted to $428.7 million for the third quarter of the year.
Russia May Introduce a Ban on Crypto Transactions
Reading Time: < 1 minuteAnatoly Aksakov has recently proposed to legally ban the use of cryptocurrencies as a means of payment in Russia and hold accountable for settlements in them.
Fidelity Raises $5M to its Ethereum Index Fund
Reading Time: < 1 minuteThe Ethereum Index Fund, which was launched by the investment giant Fidelity Investments, has raised $5 million, since September 26.
Peter Schiff: Michael Saylor is Pumping Bitcoin
Reading Time: < 1 minutePeter Schiff has criticized former MicroStrategy CEO Michael Saylor and CNBC for advertising Bitcoin.
Blockchain Game Developer Skyweaver Receives $40M in Latest Funding Round
Reading Time: < 1 minuteCanada-based NFT gaming company Horizon Blockchain Games has recently raised $40 million in a Series A funding round.
Elon Musk Resumes Twitter Takeover
Reading Time: < 1 minuteTesla CEO Elon Musk has sent a letter to Twitter management in which he has proposed to resume the process of taking over the company.
1inch Integrates Unstoppable Domains’ Service
Reading Time: < 1 minuteDeFi project 1inch has recently announced it has entered into a partnership with decentralized domain registrar Unstoppable Domains.
Binance Burns First Batch of Terra Classic Tokens
Reading Time: < 1 minuteBinance has recently burned the first batch of Terra Classic (LUNC).
Ethereum Co-founder Criticizes Twitter for Verifying Scam Accounts
Reading Time: < 1 minuteEthereum co-founder Vitalik Buterin has recently complained about verified scammers on Twitter impersonating him.
Russia Will Remove Restrictions on Crypto International Payments
Reading Time: < 1 minuteThe Ministry of Finance of Russia wants to allow international payments in cryptocurrencies for any industry without restrictions.
Metaverse Otherside Developers to Raise $111 Million
Reading Time: < 1 minuteBritish startup Improbable plans to raise an additional £100m ($111m) investment.
CoinShares: Crypto Funds Are Recording a Slight Inflow of Funds
Reading Time: < 1 minuteThe inflow of funds into cryptocurrency-based investment products from September 24 to September 30 amounted to $10.3 million.
Uniswap Labs Plans to Reach a $1B Valuation
Reading Time: < 1 minuteThe Uniswap Labs team is in the early stages of negotiations to raise between $100 million and $200 million.
MicroStrategy to Hire a Specialist for a Lightning Network-based Project
Reading Time: < 1 minuteMicroStrategy recently has posted a vacancy for a project based on the Lightning Network (LN).
Member of the Board of the Swiss National Bank: “CBDCs Will Bring Stability to DeFi Sector”
Reading Time: < 1 minuteCBDCs can interact with decentralized finance and bring more stability to the sector.
Kazakhstan Introduces a Bill to Regulate Cryptocurrency Mining
Reading Time: < 1 minuteDeputies of the Mazhilis of Kazakhstan have recently developed a bill regulating crypto mining in the country.
Opium Protocol Adds Support for Binance Account Bound Tokens to NFT Avatars
Reading Time: < 1 minuteThe team of DeFi project Opium Protocol has added support for Binance Account Bound (BAB) tokens to NFT avatars focused on user verification.
FTX’s CEO Wanted to Participate in Twitter’s Takeover
Reading Time: < 1 minuteFTX CEO Sam Bankman-Fried was “potentially interested” in funding Elon Musk’s purchase of Twitter.
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