Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Former Goldman Sachs Executive Joins Circle’s Board of Directors
Reading Time: < 1 minuteThe former Chief Risk Officer of Goldman Sachs, Craig Broderick, has been announced as having joined the board of directors of Circle Internet Financial.
The Central Bank of India Says Stablecoins Threaten Financial Stability
Reading Time: < 1 minuteOn June 28, the Central Bank published a report warning of the risks posed by stablecoins, as their use could decrease the attractiveness of physical cash and cause financial instability.
Solana-based Project Cardinal Shuts Down
Reading Time: < 1 minuteThe Cardinal crypto project team has announced a “smooth” shutdown of protocols.
US Users Are Interested in Spot Bitcoin ETFs
Reading Time: < 1 minutePaul Grewal, Coinbase’s General Counsel, has expressed in an interview with Bloomberg his opinion that the US investment community is in dire need of a spot version of an exchange-traded fund based on the digital currency.
Crypto Custodian Anchorage Will Team Up with EDX Markets
Reading Time: < 1 minuteHowever, it appears the platform has now ended their agreement with Paxos and instead is now in talks to partner with crypto custodian Anchorage Digital.
July Could Be a Good Month for Bitcoin: Matrixport Analysts
Reading Time: < 1 minuteA new bullish phase is expected to start in July, which could potentially see the value of Bitcoin rise more than it did in June of 2023.
Israel Confiscates Millions of Dollars in Crypto Linked to Terrorists
Reading Time: < 1 minuteThe Israeli government has confiscated funds from cryptocurrency wallets through which transactions in alleged Hezbollah and IRGC Quds Force funding schemes took place.
Report: Crypto Miners Send $128M to Crypto Exchanges
Reading Time: < 1 minuteCryptocurrency exchanges received $128 million worth of digital currencies, which is equivalent to 315% of miners’ daily production and set a new all-time high.
US Investment Firms Are Entering Crypto Market: CoinShares
Reading Time: < 1 minuteCoinShares has noticed heightened interest from major US asset holders in the cryptocurrency market.
Robinhood Plans to Fire 7% of its Full-time Employees
Reading Time: < 1 minuteRobinhood has announced that approximately 150 employees will be laid off in their third wave of layoffs in over the past year.
Peter Schiff Warns About Imminent Collapse of Bitcoin
Reading Time: < 1 minutePeter Schiff has once again commented on the recent rally of Bitcoin, predicting an imminent collapse in the value of the cryptocurrency.
Swiss Government Blocks Do Kwon’s Crypto Assets
Reading Time: < 1 minuteThe Swiss government has reportedly frozen $26 million in Bitcoin and other cryptocurrencies linked to Terraform Labs (TFL) and its CEO Do Kwon.
Singapore Considers Aspects of Tokenization and DeFi Protocols
Reading Time: < 1 minuteThe MAS has presented a report summarizing an initiative to assess tokenization and DeFi’s compliance with international standards.
Optimism Changes Name of Project’s Network to OP Mainnet
Reading Time: < 1 minuteThe developers of Layer 2 Ethereum network Optimism have announced that they are officially changing their name to OP Mainnet.
US Presidential Candidate Robert Francis Kennedy Will Support Bitcoin
Reading Time: < 1 minuteRobert Francis Kennedy Jr has recently expressed his plans regarding cryptocurrency.
The IMF Believes It Might Not Be Necessary to Ban Cryptocurrencies
Reading Time: < 1 minuteIMF analysts suggested countries to take measures to eliminate the driving factors of demand for cryptocurrencies, as well as to fill up the gap in digital payment services.
Cameron Winklevoss Says Now It Is a Good Time to Buy BTC
Reading Time: < 1 minuteCameron Winklevoss, co-founder of Gemini crypto exchange, has stated that investors should increase investment in cryptocurrency.
Shiba Inu Team Rolls Out NFT Authenticators for Physical Goods
Reading Time: < 1 minuteShiba Inu developers have recently released Shibacals NFT-based digital authentication solution for physical items as part of the deployment of their Shibarium ecosystem.
Arbitrum Devs Launch Tool for Creating L3 Solutions
Reading Time: < 1 minuteOffchain Labs has released a new toolkit, called Orbit, which allows users to create their own Layer 3 (L3) blockchains using the software stack, on the Arbitrum One, Arbitrum Nova, and Arbitrum Goerli testnet networks.
Investors Withdraw $150M from Binance and Kraken
Reading Time: < 1 minuteOver the past week, Lookonchain analysts have recorded a total outflow of 86,520 ETH (~$150 million) from Binance and Kraken.
Binance Launches a Crypto Platform in Kazakhstan
Reading Time: < 1 minuteBinance successfully obtained on October 4, 2022 a license from the Astana Financial Services Authority (AFSA), granting them the status of a regulated service for storing and exchanging digital assets.
US Department of Homeland Security Creates Group to Fight Cryptocrime
Reading Time: < 1 minuteThe US Department of Homeland Security has recently announced the formation of a new task force composed of five federal law enforcement agencies who will investigate crimes related to cryptocurrency and the dark web.
Number of New Litecoin Addresses Increases by 55%
Reading Time: < 1 minuteThe number of new addresses on the Litecoin network increased by 54.6% between June 10 and June 17, surpassing the 300,000 mark.
Alibaba’s Board of Directors Welcomes a Cryptocurrency Supporter as New Head
Reading Time: < 1 minuteJoseph Tsai, the co-founder of Alibaba, will replace Daniel Zhang as chairman of the company’s board of directors starting September 10, 2023.
Trading on Kraken and Bybit Jumps by Almost 10%
Reading Time: < 1 minuteFollowing the FTX crash in November 2022, some crypto exchanges witnessed a decrease in user activity.
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