Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Greenidge Generation Invests $264M in New Crypto Mining Venture
Reading Time: < 1 minuteCrypto mining company Greenidge Generation has announced it intends to build a data center for mining cryptocurrencies in South Carolina (USA).
FTX US Raises $400M and Hits $8 Billion Valuation
Reading Time: < 1 minuteThe US division of digital asset platform FTX has recently completed a $400 million Series A funding round and has reached a valuation of $8 billion.
Kingfisher Capital Increases Investment in Grayscale Bitcoin Trust
Reading Time: < 1 minuteUS wealthy investment firm Kingfisher Capital has bought 93,463 shares of Grayscale Investments’ Bitcoin trust (GBTC) during the fourth quarter.
The IMF Urges El Salvador to Abandon Bitcoin as a Means of Payment
Reading Time: < 1 minuteThe Executive Board of the International Monetary Fund (IMF) has recommended that El Salvador deprive the first crypto of the status of a legal means of payment in the country.
UBS: The Market Will Suffer a Long Crypto Winter
Reading Time: < 1 minuteThe weakening of the arguments in favor of Bitcoin as a currency and inflation hedge against the backdrop of tightening the Fed’s policy speaks of the potential onset of a “crypto winter.”
Crypto Funds Record Influx of Funds for First Time in Six Weeks
Reading Time: < 1 minuteThe inflow of funds into products based on digital assets from January 15 to 21 amounted to $14.4 million.
Bithumb Will Block Withdrawals to Unverified Wallets
Reading Time: < 1 minuteSouth Korean crypto exchange Bithumb will prohibit users from withdrawing crypto assets to unverified third-party wallets.
TimechainSwap Unveils Farming and Liquidity Protocols on its Decentralized Exchange
Reading Time: < 1 minuteTimechain has just launched Automated Market Maker (AMM) liquidity pools, yield farming and staking functionality on its TimechainSwap DEX.
Unknown Hackers Hack YouTube Accounts of Crypto Bloggers
Reading Time: < 1 minuteSome hackers have attacked several crypto YouTube bloggers and published videos on their behalf with calls to send money.
DFINITY Foundation Launches the First DEX on the ‘Internet Computer’ Network
Reading Time: < 1 minuteSonic has just became the first decentralized exchange (DEX) to be launched on the Internet Computer network.
Polkadex Announces Parachain Bid and Aims to Join Second Round of Parachains
Reading Time: < 1 minutePolkadex has just announced its parachain bid and that it aims to join the second round of parachains scheduled in March.
Morocco’s Largest Bank Joins RippleNet
Reading Time: < 1 minuteAttijariwafa Bank, one of the leading banks in Morocco, is joining Ripple’s payment network RippleNet.
Bitcoin Mining Difficulty Hits New Record High
Reading Time: < 1 minuteThe difficulty of mining the largest cryptocurrency in the market has increased by 9.32% as a result of the last recalculation.
Russian FSB Agrees with Central Bank to Ban Crypto Transactions in Russia
Reading Time: < 1 minuteThe FSB has convinced the head of the Central Bank of the Russian Federation, Elvira Nabiullina, to support a complete ban on operations with cryptos in Russia.
Tezos Announces Integration with Multi-chain NFT Solutions Firm XP.network
Reading Time: < 1 minuteXP.network has today announced it is integrating with the Tezos blockchain.
Crypto.com Reveals Hackers Have Stolen About $34M From the Platform
Reading Time: < 1 minuteDuring the recent attack on the Crypto.com infrastructure, the accounts of around 400 users were hacked.
Russian Banks Start Testing Operations with Digital Ruble
Reading Time: < 1 minuteSome Russian banks have started to test operations with the digital ruble or are actively preparing for its start.
The European Union Wants to Ban Mining of Cryptos Based on Proof-of-Work Algorithm
Reading Time: < 1 minuteEU regulators should ban the mining of Bitcoin and other cryptocurrencies on the Proof-of-Work algorithm due to its energy intensity.
NFT Marketplace OpenSea Confirms Purchase of Dharma Labs
Reading Time: < 1 minuteNFT marketplace OpenSea has confirmed the purchase of Dharma Labs, the developer of an Ethereum wallet with the ability to buy tokens on Uniswap for fiat.
UFC Champion Francis Ngannou Will Receive Half of Prize Money in Bitcoin
Reading Time: < 1 minuteReigning UFC Mixed Martial Arts Champion Francis Ngannou will receive half of the fee for the fight at the tournament on January 23, 2022 in Bitcoin.
QANplatform Rolls Out World’s 1st Ethereum Compatible Quantum-Resistant Blockchain
Reading Time: < 1 minuteQANplatform, a quantum-resistant Layer 1 hybrid blockchain platform that will allow developers and enterprises to build quantum-resistant products, has just launched its testnet.
Invesco Predicts BTC Will Fall Below $30,000 by 2022
Reading Time: < 1 minuteThe price of Bitcoin could fall to $30,000 as the bubble in the asset deflates.
Blossom Capital Launches $432 Million Crypto Fund
Reading Time: < 1 minuteLondon-based venture capital company Blossom Capital has recently launched a $432 million fund.
Footwear Company Crocs Plans to Enter the NFT Market
Reading Time: < 1 minuteFootwear manufacturer Crocs has applied for a trademark in the non-fungible tokens (NFTs) segment.
US Banking Regulator Says Supervision Will Increase Confidence in Stablecoins
Reading Time: < 1 minuteBanking regulation can increase confidence in stablecoins, said Michael Hsu, acting head of the OCC at the US Treasury.
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