Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Coinbase’s BTC Holdings Amount to Almost $1M
Reading Time: < 1 minuteCoinbase is reported to hold approximately 5% of the current Bitcoin market supply.
Tether Suspends USDT Tranfers to Fiat and DeFi Project from Singapore
Reading Time: < 1 minuteCake, a DeFi protocol based in Singapore, has announced that Tether will no longer be converting its stablecoin into US dollars.
Tim Draper Creates Accelerator to Support Crypto Startups
Reading Time: < 1 minuteTim Draper, a well-known investor and billionaire, has recently introduced Draper Goren Blockchain (DGB), a “venture studio” focused on driving innovation in the realm of decentralized finance through early-stage funding for crypto projects.
Bloomberg Strategist: Bitcoin Will Fall to $25K
Reading Time: < 1 minuteAccording to Bloomberg Intelligence strategist Mike McGlone, Bitcoin’s value may continue to face downward pressure until the end of 2023.
Bitcoin Could Reduce Methane Emissions by 8%: Report
Reading Time: < 1 minuteBitcoin has the potential to contribute to the global energy transition and decrease the emission of harmful pollutants.
MarketAcross and Turingum Will Help Bridge Japanese and Global Web3 Ecosystems
Reading Time: < 1 minuteMarketAcross has announced it has joined forces with Turingum, a Japanese Web3 technology company focusing on tokenomics design, DeFi and smart contract development.
US Democrats Say Republican Bill Against Digital Dollar is Stupid
Reading Time: < 1 minuteThe introduction of a bill by Republicans that would ban the distribution of CBDCs by the Federal Reserve to individual citizens has sparked criticism from Democrats.
Robert Kiyosaki Calls Investors to Buy BTC and Precious Metals
Reading Time: < 1 minuteAccording to financial expert Robert Kiyosaki, the safest assets during times of global economic uncertainty are Bitcoin, gold, and silver.
Tether Spends $420M to Purchase Nvidia GPUs
Reading Time: < 1 minuteTether Limited, the issuer of the USDT stablecoin, has made a $420 million purchase of 10,000 H100 chips from Nvidia.
Hester Peirce: SEC’s Crypto Policy Might Change
Reading Time: < 1 minuteSEC Commissioner Hester Peirce has acknowledged that the agency’s current stance on the crypto industry may see changes.
Crypto Exchange CoinEx Resumes Operations
Reading Time: < 1 minuteStarting from September 21, users will once again be able to deposit and withdraw funds on the trading platform.
Stanford University to Return $5.5M in Donations from FTX
Reading Time: < 1 minuteStanford University, where the parents of FTX and Alameda Research founder Sam Bankman-Fried (SBF) were employed, has decided to return $5.5 million in donations.
Ukraine Becomes 5th Country in Terms of Crypto Adoption: Report
Reading Time: < 1 minuteUkraine held the fifth position globally for cryptocurrency adoption in 2023.
Jeremy Allaire Believes US Will Not Launch a Stablecoin Law in Short Term
Reading Time: < 1 minuteIn late 2022, Circle CEO Jeremy Allaire urged the US Congress to prioritize the creation of legislation for stablecoins.
Binance CEO Rejects SEC’s Arguments Against Exchange’s US Division
Reading Time: < 1 minuteBinance CEO CZ has rejected the SEC’s allegations, stating that their US division had never used the custody service previously known as Binance Custody.
Outflows From Crypto Funds Hit $455M: Report
Reading Time: < 1 minuteDuring the period of September 9 to 15, a total of $54 million were withdrawn from cryptocurrency investment products.
Paxos Unveils Data on PYUSD Reserves
Reading Time: < 1 minuteAs of August 31, there are currently 44.4 million PYUSD in circulation, which are backed by US Treasuries.
TikTok Scammers Use Elon Musk’s Image to Steal BTC
Reading Time: < 1 minuteA new round of fraudulent cryptocurrency distribution allegedly on behalf of Elon Musk is targeting TikTok users.
Meta to Expand its Horizon Worlds Metaverse to Mobile Devices
Reading Time: < 1 minuteMeta has announced the opening of early access to the first world of the Horizon Worlds metaverse beyond VR headsets.
North Korean Hackers Steal $340M in Crypto in 2023
Reading Time: < 1 minuteTRM Labs has reported in August that North Korean cybercriminals had stolen around $2 billion in digital currencies since 2018.
ApeCoin Community Gives Green Light to $12M Allocation for New NFT Collection
Reading Time: < 1 minuteAIP-304, a proposal put forth by Taiwanese entrepreneur Jeffrey Huang (known under the pseudonym Machi Big Brother), was voted in favor of by token holders of ApeCoin (APE) on September 15-21.
Binance Rolls Out a New Anti Scam Program for P2P Platform Users
Reading Time: < 1 minuteBinance has launched an Anti-Scam Ninja program for all users of its P2P platform.
Bybit Considering Leaving the UK’s Market Due to Regulatory Pressure
Reading Time: < 1 minuteThe CEO of Bybit, Ben Zhou, has noted that the company may be forced to leave the British market.
SWIFT’s CBDC Interoperability Pilot is Joined by Additional Central Banks
Reading Time: < 1 minuteSWIFT has connected the central banks of three countries to the second stage of its pilot testing for the compatibility of traditional systems with CBDC.
Brad Garlinghouse Says US is Worst Country for Crypto Companies
Reading Time: < 1 minuteRipple CEO Brad Garlinghouse has reiterated his earlier claim that crypto companies are facing repressiveness in the US due to the harsh policies of the authorities.
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