Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Celer’s cBridge Exceeds $1B in Transaction Volume in Just 4 Months
Reading Time: < 1 minutecBridge has recently announced that its total cross-chain transaction volume and assets bridged have surpassed$1B.
Glassnode Analysts Say There Are No Signs of Panic in Whales Amid Bitcoin Crash
Reading Time: < 1 minuteThe about 20% correction in the price of the leading crypto has not pushed long-term investors to massive sales.
US Government Will Replenish Budget Through Crypto Confiscations in 2022
Reading Time: < 1 minuteThe US Internal Revenue Service (IRS) plans to recover billions of dollars worth of cryptos in delinquent cases next year.
Osprey Funds Launches an Actively Managed NFT Investment Fund
Reading Time: < 1 minuteDigital asset manager Osprey Funds has plans to launch an institutional-oriented fund for investments in the non-fungible token (NFT) segment in early 2022.
50% of Users Providing Liquidity on Uniswap V3 Suffer Losses
Reading Time: < 1 minuteAccording to an analysis conducted by Bancor and advisory company Topaze.blue, about half of users providing liquidity to Uniswap V3 are losing money when compared to hodling.
NEAR Activates Sharding in its Protocol
Reading Time: < 1 minuteThe protocol team has launched Simple Nightshade as the first step towards a fully sharded and scalable blockchain.
OpenSea to Reach $10B Valuation After New Investment Round
Reading Time: < 1 minuteThe estimates are based on the explosive growth in trading volumes on the platform.
Avalanche Renews All-time Highs Above $110
Reading Time: < 1 minuteThe native token of the Avalanche blockchain renewed its all-time high above $110 yesterday despite an overall market correction.
Fidelity Receives Green Light to Work in Canada as Bitcoin Custodian
Reading Time: < 1 minuteThe IIROC has recently allowed Fidelity Investments to launch an institution-focused Bitcoin trading and custodian platform in the country.
US Senator Proposes to Exclude Crypto Brokers from Infrastructure Plan
Reading Time: < 1 minuteA US senator has introduced a bill that seeks to repeal a provision of the infrastructure plan.
Mining Company Marathon Shares Drop After SEC Initiates Investigation
Reading Time: < 1 minuteMarathon, a mining company listed on the US stock exchange Nasdaq, has announced it is being investigated by the US Securities and Exchange Commission (SEC).
Twitter Says Why it Will Not Invest in Bitcoin
Reading Time: < 1 minuteTwitter’s CFO Ned Segal said in an interview with the WSJ that investing Twitter’s cash reserves in cryptocurrencies “doesn’t make sense right now.”
India Will Regulate Cryptocurrencies as Assets
Reading Time: < 1 minuteThe Indian government intends to ban the use of cryptocurrencies to make payments, however, it will allow them to be traded and held as assets like stocks, gold or bonds.
Barbados to Open an Embassy in the Decentraland Metaverse
Reading Time: < 1 minuteBarbados has signed an agreement with Decentraland to create a digital embassy in one of the largest virtual worlds.
Startup Alex Raises $5.8M to Build Bitcoin-Based DeFi Platform
Reading Time: < 1 minuteAlex’s Stacks blockchain-based decentralized platform team has attracted $5.8 million in a funding round led by White Star Capital.
Galaxy Digital Launches Solana Price Index
Reading Time: < 1 minuteBloomberg financial terminals have recently added an index that tracks changes in the price of Solana.
US President Joe Biden Signs Infrastructure Plan Without Crypto Amendments
Reading Time: < 1 minuteUS president Joe Biden has signed a bipartisan bill to raise $1.2 trillion to upgrade infrastructure without amendments in favor of representatives of the cryptocurrency industry.
Anthony Scaramucci: Bitcoin Will Hit $500,000
Reading Time: < 1 minuteBitcoin will “easily” reach the price of $500,000, as forecasted by the founder of SkyBridge Capital Anthony Scaramucci on the CNBC.
Entrepreneur First Rolls Out Web3 Startup Platform for Tezos Ecosystem
Reading Time: < 1 minuteEntrepreneur First has just announced the launch of a blockchain-focused company-building platform: Entrepreneur First Web3 on Tezos.
Accounts Chamber of Russia Announces Limitation of Cryptos as a Means of Payment
Reading Time: < 1 minuteCrypto investors should assess the high risks of their investments, since the value of digital assets depends only on the optimism of market players.
Bitcoin Mining Difficulty Increases by 4.69%
Reading Time: < 1 minuteAs a result of another recalculation, the complexity of mining the leading cryptocurrency has increased by 4.69%.
Binance Temporarily Suspends Dogecoin Withdrawals
Reading Time: < 1 minuteThe crypto exchange has temporarily suspended withdrawals of the meme crypto from its platform.
OMG Price Crashes After Snapshot of BOBA Token Airdrop
Reading Time: < 1 minuteOMG’s price has lost more than 25% of its value.
Cinema Chain AMC Theaters Adds Support for Cryptocurrencies
Reading Time: < 1 minuteUS cinema chain AMC Theaters has started accepting cryptocurrencies as a means of online payment.
Citadel CEO Says Ethereum is Conceptually Superior to Bitcoin
Reading Time: < 1 minuteBitcoin will lose its leading position in the crypto space and will be replaced by a currency based on the Ethereum blockchain.
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