Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Chia Price Crashes 85%
Reading Time: < 1 minuteThe price of cryptocurrency Chia has fallen 85% in just four months and has caused the massive sales of HDD and SSD used for its mining.
Huobi Ventures Backs Launch of $25M Fund Focused on Metaverse
Reading Time: < 1 minuteThe venture capital arm of crypto exchange Huobi has backed the launch of a $25 million fund.
El Salvador Officially Legalizes Bitcoin
Reading Time: < 1 minuteThe law that recognizes Bitcoin as legal tender in El Salvador has just come into force.
Cyclos Attracts $2.1 Million to Develop Concentrated Liquidity AMM on Solana Blockchain
Reading Time: < 1 minuteCyclos, the first concentrated liquidity market maker on Solana, has recently attracted $2.1 million from a private and a public round.
SEC Reminds Investors About Risks of Investing in Crypto
Reading Time: < 1 minuteThe SEC has warned investors against investing in digital assets due to the high risk of fraud and the associated “devastating losses.”
Market Cap of DeFi Industry Reaches $145 Billion
Reading Time: < 1 minuteThe market capitalization of the decentralized finance (DeFi) market has recently hit a new all-time high of $145.5 billion.
Bitcoin Officially Receives Legal Status in Texas
Reading Time: < 1 minuteBoth the draft law under the numbers H.B. 4474 and H.B. 1576 officially entered into force in Texas on September 1.
Poolz Establishes $2 Million Fund to Invest in Metaverse and NFT Gaming Projects
Reading Time: < 1 minutePoolz, a decentralized cross-chain IDO platform built on top of Web 3.0 infrastructure, has just announced it has established a $2 million fund aimed at investing in NFT and gaming projects.
Vitalik Buterin Says He Made a Mistake When Choosing Ethereum Co-founders
Reading Time: < 1 minuteThe co-founder of the second largest crypto on the market claims he was wrong in his choice of the 8 co-founders of the coin.
SBI Holdings Will Launch Japan’s First Cryptocurrency Fund
Reading Time: < 1 minuteJapanese financial conglomerate SBI Holdings will launch the country’s first crypto fund by the end of November.
Derivatives Market Has Pushed the Price of Ether Above $3,500
Reading Time: < 1 minuteThe derivatives market has played an essential role in pushing the price of Ethereum above $3,500.
Singapore Regulator Adds Binance.com to its Investor Alert List
Reading Time: < 1 minuteSingapore’s financial regulator and central bank, the Monetary Authority of Singapore (MAS), has just added Binance.com to its investor alert list.
British Boy Makes $400K Selling NFTs
Reading Time: < 1 minuteBenyamin Ahmed, a 12-year-old boy from London, has made almost $400,000 (290,000 pounds) selling non-fungible tokens during this school vacations.
SEC Chairman is In Favor of Harmonizing Crypto Regulation
Reading Time: < 1 minuteThe head of the SEC has spoken about the contours of the globalization of cryptocurrency markets in a speech in the European Parliament.
4 Central Banks to Test Cross-Border Settlements with CBDCs
Reading Time: < 1 minuteThe central banks of Australia, Malaysia, Singapore and South Africa will create prototype CBDC cross-border digital currency settlement platforms.
CryptoPunks Creators Team Up with Hollywood Talent Agency
Reading Time: < 1 minuteThe development team at Larva Labs, developer of the popular CryptoPunks, has partnered with United Talent Agency (UTA).
Court Orders SEC to Disclose Documents Related to Case Against Ripple
Reading Time: < 1 minuteJudge Sarah Netburn has ruled the US Securities and Exchange Commission (SEC) must disclose documents requested by Ripple.
El Salvador Gives Green Light for a $150M Bitcoin Trust
Reading Time: < 1 minuteThe Legislative Assembly of Latin American country El Salvador has just approved the creation of a $150 million Bitcoin Trust.
Central Bank of Nigeria Publishes Instructions on the National CBDC Project
Reading Time: < 1 minuteThe Central Bank of Nigeria (CBN) has recently issued preliminary instructions for the local banks in relation to the country’s CBDC project.
Ethereum Crosses the $3,500 Mark for the First Time Since May
Reading Time: < 1 minuteEthereum has surpassed today the $3,500 level for the first time since the May crash.
Genesis Digital Assets Plans to Purchase 20,000 BTC Miners From Canaan
Reading Time: < 1 minuteCanaan has received a guaranteed bid from Genesis Digital Assets to purchase 20,000 Bitcoin mining devices.
Wanchain Partners with Moonbeam to Promote DeFi Ecosystem in Kusama via Moonriver
Reading Time: < 1 minuteWanchain and Moonbeam have just announced the integration of Wanchain’s decentralized, non-custodial cross-chain infrastructure with Moonriver.
US Global Investors Reveals Stake in Grayscale BTC Trust
Reading Time: < 1 minuteUS Global Investors has just revealed it has invested in the Grayscale Bitcoin Trust (GBTC).
SEC Chief Makes Robinhood Stock Price Fall With Comment
Reading Time: < 1 minuteGary Gensler did not rule out in an interview with Barron’s a complete ban on the sale of order flow by brokers to market makers.
User Spends 0.1 ETH on NFT and Earns 290 Times More
Reading Time: < 1 minuteTwitter user Alex Reyes has sold the resulting NFT for 29 ETH (more than $93,000).
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