Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
EU: Companies Must Disclose Regulatory Status of Cryptocurrencies
Reading Time: < 1 minuteThe ESMA has recently reminded investment firms to lay out the regulatory status of their products, specifically emphasizing digital assets, amid the pending adoption of applicable laws.
JPMorgan: Bitcoin Will Hit $45,000
Reading Time: < 1 minuteAnalysts at JPMorgan Chase concluded that a troy ounce of gold currently valued at $2,000 is equal to $45,000 in Bitcoin.
Binance Freezes $4.4M in Crypto at Request of US Authorities
Reading Time: < 1 minuteUS and other authorities have imposed sanctions against the Lazarus group, the most extensive cybercrime organization.
Sam Altman’s Worldcoin Attracts $115M
Reading Time: < 1 minuteTools for Humanity has recently raised $115 million in a Series C funding round.
Ripple Says it Bought Bitstamp to Diversify its Business
Reading Time: < 1 minuteMonica Long, the president of fintech company Ripple, has stated that the acquisition of a stake in crypto exchange Bitstamp will assist in Ripple’s expansion of its global presence and venturing beyond payments.
Binance Launches NFT Loans on its Marketplace
Reading Time: < 1 minuteThe NFT marketplace of cryptocurrency exchange Binance has just added the possibility of borrowing cryptocurrencies using NFTs as collateral.
Synthetix Founder Proposes 12 Suggestions to Improve Project
Reading Time: < 1 minuteKain 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 minuteCameron 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 minuteCore 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 minuteMichael 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 minuteThe 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 minuteThe 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 minuteRobert 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 minuteBitMEX 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 minuteThe 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 minuteCynthia 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 minuteThe 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 minuteBitDAO has announced a merger with the L2 project Mantle Network.
Ripple CEO: Companies Will Leave US Due to Strict Crypto Regulation
Reading Time: < 1 minuteBrad 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 minuteThe 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 minuteBinance 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 minuteTether, 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 minuteSoluna 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 minuteBitfarms 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 minuteOver 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.
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