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Category: News

Latest news on blockchain, cryptocurrencies and the crypto world in general.

South Korea-based Crypto Firm Hashed to Expand to Abu Dhabi

Reading Time: < 1 minuteSeoul-based crypto venture capital firm Hashed Ventures has recently partnered with Hub71, a technology ecosystem in Abu Dhabi, and plans to open a local office in the UAE.

June 27, 2024June 27, 2024 Chris Smith News

German Government Transfers $24M in Bitcoin to Major Crypto Exchanges

Reading Time: < 1 minutea wallet linked to the German Federal Criminal Police Office (BKA) has recently transferred $24 million in Bitcoin.

June 26, 2024June 26, 2024 Chris Smith News

Hacker Hacks Metallica’s X Account to Promote a Token

Reading Time: < 1 minuteThe official X account of heavy metal band Metallica was recently hacked.

June 26, 2024June 26, 2024 Tony Pearce News

VanEck Will Waive Fees for its Ethereum ETF

Reading Time: < 1 minuteAccording to a recent statement by Matthew Sigel, the head of digital assets research at VanEck, the company is planning to waive fees for its potential Ethereum exchange-traded fund to remain competitive.

June 26, 2024June 26, 2024 Chris Smith News

Tether to Stop Minting USDT on Algorand and EOS Blockchains

Reading Time: < 1 minuteTether has announced its decision to stop producing the USDT token on the Algorand and EOS blockchains.

June 25, 2024June 30, 2024 Chris Smith News

Jump Crypto’s President Steps Down

Reading Time: < 1 minuteKanav Kariya, the current president of venture firm Jump Crypto, has decided to step down from his position after three years.

June 25, 2024June 25, 2024 Tony Pearce News

Bitcoin ETFs Lose $1.3B in 2 Weeks

Reading Time: < 1 minuteDuring the past two weeks, outflows from United States-based Bitcoin exchange-traded funds (ETFs) have reached a total of $1.3 billion due to the declining price of Bitcoin.

June 25, 2024June 25, 2024 Chris Smith News

Standard Chartered to Launch a Spot Bitcoin and Ether Trading Desk

Reading Time: < 1 minuteStandard Chartered is venturing into the buying and selling of Bitcoin and Ether through the establishment of a spot trading desk.

June 24, 2024June 24, 2024 Chris Smith News

CoinStats Asks Users to Move Funds Following a Security Incident

Reading Time: < 1 minuteCoinStats, a popular app for managing cryptocurrency portfolios across multiple chains, has issued a warning to its users who created a wallet through the app.

June 24, 2024June 24, 2024 Tony Pearce News

Japanese Firm Metaplanet to Sell 1B Bonds to Acquire Additional Bitcoins

Reading Time: < 1 minuteMetaplanet Inc., a Tokyo-based investment and consulting firm, has announced plans to issue 1 billion yen ($6.26 million) worth of bonds to fund the purchase of Bitcoin.

June 24, 2024June 30, 2024 Chris Smith News

3iq Files Application to Launch a Solana ETP in Canada

Reading Time: < 1 minute3iQ is seeking approval to launch the first Solana exchange-traded product (ETP) in Canada.

June 21, 2024June 21, 2024 Chris Smith News

US Spot Bitcoin ETFs Lose $140M

Reading Time: < 1 minuteThere were $139.88 million in net outflows from spot Bitcoin exchange-traded funds in the US on Thursday, marking the fifth consecutive day of outflows.

June 21, 2024June 21, 2024 Tony Pearce News

US Judge Greenlights a Lawsuit Against Ripple Labs in California

Reading Time: < 1 minuteA judge in a United States federal court has approved a lawsuit against Ripple Labs alleging their CEO violated California securities laws.

June 21, 2024June 21, 2024 Chris Smith News

India Imposes $2 Million Fine in Binance

Reading Time: < 1 minuteBinance has been fined around $2.2 million (equivalent to 18.82 crore INR) by India’s anti-money laundering unit for not following the country’s laws on preventing money laundering.

June 20, 2024June 20, 2024 Chris Smith News

Consensys to Continue its Lawsuit Against SEC

Reading Time: < 1 minuteConsensys Founder Joseph Lubin has stated that the company will continue with its lawsuit against the US Securities and Exchange Commission.

June 20, 2024June 20, 2024 Tony Pearce News

The Central Bank of Iran Will Launch a Public CBDC Pilot This Month

Reading Time: < 1 minuteThe Central Bank of Iran (CBI) is initiating a public pilot for a national digital currency, focused on domestic micropayments.

June 20, 2024June 20, 2024 Chris Smith News

Bitwise Updates ETF Application with $100 Million Investment in the ETF

Reading Time: < 1 minuteAsset management firm Bitwise has revised its registration statement for the spot Ether exchange-traded fund (ETF), which will potentially include a $100 million investment upon its launch.

June 19, 2024June 19, 2024 Tony Pearce News

Transak Launches a Fiat-to-crypto Onramp for PayPal USD

Reading Time: < 1 minuteTransak has introduced a way for users to convert PayPal USD into crypto through fiat-to-crypto onramp, with the goal of making digital asset payments more mainstream.

June 19, 2024June 19, 2024 Chris Smith News

SEC Drops its Investigation into Ethereum

Reading Time: < 1 minuteConsensys has announced that the US Securities and Exchange Commission has concluded their investigation into Ethereum 2.0, which is seen as a significant victory for the blockchain industry.

June 19, 2024June 19, 2024 Tony Pearce News

Crypto Trading Company Cumberland Wins a BitLicense in New York

Reading Time: < 1 minuteOn Monday, Cumberland DRW announced that its New York-based entity had been granted a BitLicense by the New York State Department of Financial Services (NYDFS).

June 18, 2024June 18, 2024 Tony Pearce News

T-Mobile Parent Company Deutsche Telekom to Mine Bitcoin

Reading Time: < 1 minuteTelecommunications giant Deutsche Telekom, owner of T-Mobile, may soon enter the world of Bitcoin mining.

June 18, 2024June 18, 2024 Chris Smith News

Tether Rolls Out a Gold-backed Stablecoin

Reading Time: < 1 minuteTether has announced the introduction of a new stablecoin called Alloy, which will be backed by gold and pegged to the US dollar.

June 18, 2024June 18, 2024 Tony Pearce News

MicroStrategy Increases Convertible Note Offering to $700M

Reading Time: < 1 minuteTech company MicroStrategy has increased its convertible note offering by 40% to $700 million and has set a 2.25% annual yield.

June 17, 2024June 30, 2024 Chris Smith News

Crypto Startups Raise More Than $100B Since May

Reading Time: < 1 minuteSince the end of May 2014, over $100 billion has been raised for startups in the cryptocurrency industry.

June 17, 2024June 17, 2024 Chris Smith News

Paradigm Plans to Launch Another Crypto Fund

Reading Time: < 1 minuteParadigm, a venture capital firm, recently announced the closure of a third fund for investing in early-stage crypto and blockchain projects.

June 14, 2024June 14, 2024 Chris Smith News

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