Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
KyberSwap to Give $48M in Compensation to Hack Victims
Reading Time: < 1 minuteThe team of decentralized exchange KyberSwap will be offering grants from their project funds to users who were affected by the $48.8 million hack in November.
JPMorgan: DeFi and NFTs Are Reviving
Reading Time: < 1 minuteRecent developments have brought some positive signals for DeFi and NFT market.
Coinbase Shares Jumped 20% Last Month
Reading Time: < 1 minuteThe attractiveness of Coinbase in the stock market has increased, with the company’s shares rising by 21% in November
Crypto Bank SEBA Rebrands
Reading Time: < 1 minuteCryptocurrency bank SEBA, which is located in Switzerland, has undergone a rebranding and is now known as Amina Bank AG.
KyberSwap Hacker Demands Full Control Over Project
Reading Time: < 1 minuteThe individual responsible for the cyber attack on decentralized exchange KyberSwap demanded all project assets and documents to be transferred, including shares and tokens.
Mike Novogratz Predicts Bitcoin Could Reach $69,000 Next Year
Reading Time: < 1 minuteGalaxy Digital CEO Mike Novogratz predicts that Bitcoin could reach a price of $69,000 within the next year.
Circle Denies Ties with Justin Sun
Reading Time: < 1 minuteCircle, issuer of the USDC stablecoin, has rejected allegations that it engaged in illegal activities and had ties to Tron founder Justin Sun, the TRON Foundation, and HTX.
Canada Residents Are Against a CBDC
Reading Time: < 1 minuteThe majority of Canadians are against the development of a central bank digital currency (CBDC)
75% of GameFi Projects Have Closed: Report
Reading Time: < 1 minuteSince its inception five years ago, GameFi has seen a high failure rate of approximately 75.5%.
Binance Will Stop Supporting BUSD Next Month
Reading Time: < 1 minuteBinance has announced that it will no longer support any Binance USD (BUSD) products after December 15, due to Paxos halting the creation of new coins.
Animoca Brands Becomes TON’s Largest Validator
Reading Time: < 1 minuteAnimoca Brands has announced its strategic investment in The Open Network (TON) blockchain, making it the largest validator on the network.
Standard Chartered Joins Digital Yuan Tests
Reading Time: < 1 minuteBritish bank Standard Chartered has announced its participation in the testing of China’s digital currency (CBDC).
Arthur Hayes: US Attitude Towards Changpeng Zhao and Binance is Absurd
Reading Time: < 1 minuteAccording to former BitMEX CEO Arthur Hayes, Binance’s large fines are indicative of a bias against the revolutionary potential of cryptocurrencies and blockchain technology.
Investments in Crypto-based Funds Hit Highest Level in 18 Months
Reading Time: < 1 minuteCoinShares has reported that as of mid-November, the investment volume in crypto funds has reached $1.14 billion since the start of 2023.
KyberSwap Warns Against Fake Compensations
Reading Time: < 1 minuteThe team behind the decentralized exchange KyberSwap has warned users to be cautious of messages claiming to offer compensation after a recent hack.
ARK Sells $5.2M in Coinbase Shares
Reading Time: < 1 minuteARK Invest has sold a portion of its Coinbase shares for profit as the stock price experiences a surge.
Robert Kiyosaki Recommends Buying Gold and Bitcoin Due to Inflation
Reading Time: < 1 minuteRenowned author of Rich Dad Poor Dad and successful entrepreneur Robert Kiyosaki recently advised people to invest in gold, silver, and the first cryptocurrency.
Christine Lagarde: My Son Lost Money Investing in Crypto
Reading Time: < 1 minuteIn a speech to students in Frankfurt on November 24, Christine Lagarde, the head of the European Central Bank, revealed that her son had invested in digital currencies the previous year.
Circle to Expand USDC Presence in Japan
Reading Time: < 1 minuteCircle has formed a strategic alliance with SBI Holdings to expand its presence in Japan.
Jim Cramer Recommends Buying BTC
Reading Time: < 1 minuteDuring the show Mad Money, host Jim Cramer advised viewers to simply buy BTC.
Former New York Exchange President Tom Farley: Bitcoin is a Safe Haven Asset
Reading Time: < 1 minuteAccording to Tom Farley, former president of the NYSE, the introduction of a spot crypto fund ETF in the American market will lead to a surge of institutional investors in Bitcoin.
Grayscale Updates Spot Bitcoin ETF Filing with SEC
Reading Time: < 1 minuteGrayscale has recently updated its application to convert GBTC to an ETF.
Court Denies Sam Bankman-Fried’s Motion to Be Released
Reading Time: < 1 minuteThe latest request for release by Sam Bankman-Fried has been denied by the US Court of Appeals for the Second Circuit, leaving him in jail while his lawyers appeal his case.
Bernstein Believes Binance Will Not Lose its Leading Position
Reading Time: < 1 minuteAccording to Bernstein, Binance is positioned to maintain its dominance in the cryptocurrency trading market.
Paradigm Takes Part in Funding Round of Web3 Infrastructure Startup Privy
Reading Time: < 1 minutePrivy, a startup dedicated to building blockchain tools, has completed a Series A fundraising round totaling $18 million, with Paradigm as the lead investor.
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