Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Synthetix Founder Proposes 12 Suggestions to Improve Project
Reading Time: < 1 minute Kain Warwick, the founder of the Synthetix DeFi platform, has proposed twelve new suggestions in his blog to bring the project to the next level of development.
Winklevoss Twins to Expand Gemini into British Market
Reading Time: < 1 minute Cameron and Tyler Winklevoss, the founders of cryptocurrency exchange Gemini, have revealed their plans to open a second headquarters in London.
Core Scientific Asks Court to Extend Restructuring Until September
Reading Time: < 1 minute Core Scientific has submitted a revised plan of reorganization for approval to the bankruptcy court, scheduled through to September 20 2023.
Michael Saylor: Big Banks Will Work With BTC
Reading Time: < 1 minute Michael Saylor, CEO of MicroStrategy, is optimistic about the future of the crypto market in the US.
ARK Invest: The US Will Lose Leading Position in Crypto Industry
Reading Time: < 1 minute The United States is at risk of losing its leading position in the cryptocurrency industry to the likes of the UAE, South Korea, Australia and Switzerland.
TRM Labs Says Hacker Damage Reduction is Due to Sanctions Against Mixer Tornado Cash
Reading Time: < 1 minute The first quarter of 2023 saw a marked decrease in the amount of damage from hacks of DeFi protocols.
Robert Kiyosaki Recommends Buying BTC and Gold
Reading Time: < 1 minute Robert Kiyosaki has shared his plans for further investments in gold and Bitcoin, citing them as the safest assets to hold amid an approaching global economic crisis.
Crypto Exchange BitMEX to Receive a License in Hong Kong
Reading Time: < 1 minute BitMEX is launching a dedicated service through a mobile app for Hong Kong residents to adhere to the new regulations proposed by the SFC.
STEPN Adds Apple Pay Payments
Reading Time: < 1 minute The developers of the M2E project STEPN have added the possibility of direct Apple Pay payment for users of iOS devices when purchasing NFT Sneakers.
US Senator Cynthia Lummis Is Against Imposing Taxes on Crypto Miners
Reading Time: < 1 minute Cynthia Lummis, a Republican Senator, has spoken out against the proposed cryptocurrency mining tax proposed by the Joe Biden administration.
Switzerland Raises BTC Tax Threshold to $1.67 Million
Reading Time: < 1 minute The local government of the Swiss canton of Zug has increased the minimum taxation that can be paid with Bitcoin and Ethereum from 100,000 CHF to 1,500,000 CHF.
BitDAO to Merge with Mantle and Rebrand Itself
Reading Time: < 1 minute BitDAO has announced a merger with the L2 project Mantle Network.
Ripple CEO: Companies Will Leave US Due to Strict Crypto Regulation
Reading Time: < 1 minute Brad Garlinghouse, the CEO of Ripple, has repeated his stance that American regulatory policies might drive crypto firms to relocate to other jurisdictions.
Binance Australia Halts Australian Dollar Deposits
Reading Time: < 1 minute The Australian division of Binance has suspended deposits in local dollars due to an issue with its payment provider, the PayID AUD instant bank transfer service.
Binance Enables Trading Through TradingView
Reading Time: < 1 minute Binance has announced that traders can now use its TradingView charting and analytics platform for direct spot trading.
Tether to Allocate Up to 15% of Profits to Acquire BTC
Reading Time: < 1 minute Tether, the USDT stablecoin issuer, has revealed that from May 2023 onwards, it will be allocating up to 15% of its net realized operating income to buying Bitcoin.
Eco-miner Soluna Attracts $14M in Latest Funding Round
Reading Time: < 1 minute Soluna Holdings, a green data center provider for mining, has raised $14 million in investment from Navitas Global, according to a press release.
Mining Firm Bitfarms Mined 1,297 BTC in Q1 2023
Reading Time: < 1 minute Bitfarms mined 1,297 BTC with a direct cost of $12,500 per Bitcoin and an average selling price of $22,500 in the first quarter of 2023.
Cryptocurrency Exchange OKX to Add Support for BTC’s Ordinals
Reading Time: < 1 minute Over the next two weeks, OKX will be introducing new features that will enable customers to buy, sell, and trade Ordinals and BRC-20 tokens through a crypto exchange wallet.
Minneapolis Fed President Is Unsure About Benefits of National CBDC
Reading Time: < 1 minute Kashkari is doubtful about the project to create a national currency figure (CBDC), claiming that it is unlikely to contribute to the modernization of the state’s financial system.
Bitcoin Startup River Financial Attracts $35M in Funding Round
Reading Time: < 1 minute River Financial, a Bitcoin-focused startup based in Columbus, Ohio, has raised $35M in a Series B funding round led by Kingsway Capital.
Crypto Miner Riot Platforms Demands $26M from Mining Firm Rhodium
Reading Time: < 1 minute Riot Platforms has filed a lawsuit against Rhodium Enterprises for over $26 million.
North Korean Hackers Steal $720M in Digital Assets from Japanese Investors
Reading Time: < 1 minute Japanese investors were among those who were most affected by the North Korean hackers, having lost over $720 million of virtual currencies since 2017.
Polygon Co-Founder Introduces a Scholarship Program for Web3 Developers
Reading Time: < 1 minute Sandeep Nailwal, co-founder of Polygon, and Symbolic Capital, a venture capital fund, have announced the launch of the Nailwal Fellowship program.
Binance’s Spot Market Dominance Index Drops to 51%
Reading Time: < 1 minute Binance’s share in terms of crypto transaction volume has declined over the past few months significantly.
