Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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.
Deutsche Bank Plans to Store Crypto Assets
Reading Time: < 1 minuteDeutsche Bank has recently submitted an application to BaFin for a license as a custody service provider for digital assets.
Crypto.com Said to Have a Secret Prop-trading Department
Reading Time: < 1 minuteThe Financial Times has reported that Crypto.com has established a prop trading division, whose employees have promised to keep mum about their tasks.
Coinbase: Predicting the Effects of a BTC Halving is Not Easy
Reading Time: < 1 minuteDavid Duong, the head of research at Coinbase, has highlighted that the consequences of the upcoming halving in 2024 are difficult to predict.
BNB Chain Devs Launch a Testnet Compatible with Optimism
Reading Time: < 1 minuteDevelopers from the BNB Chain blockchain have released their opBNB testnet, an EVM-compatible optimization designed to utilize Optimism’s second-layer scaling solution.
DAI Becomes Third Largest Stablecoin
Reading Time: < 1 minuteThe supply of BUSD had fallen by more than 70% since the beginning of 2023, while DAI experienced a 20% increase in investment during the same time period.
New York Bans Crypto Exchange CoinEx
Reading Time: < 1 minuteThe New York State Attorney General’s Office (NYAG) has imposed penalties on Hong Kong-based crypto exchange CoinEx of approximately $1.7 million in response to the company’s operation without a license.
Frax Finance to Launch its Own Second-tier Ethereum Network
Reading Time: < 1 minuteThe Frax Finance team plans to launch its own second-tier Ethereum network, Fraxchain, by the end of the year.
Bitcoin Ransomware is Using Mining to Launder Funds
Reading Time: < 1 minuteChainalysis has reported that ransomware operators are relying more and more on mining pools to launder illegally obtained assets.
Binance to Leave Cyprus Market
Reading Time: < 1 minuteBinance has submitted an application to the Securities and Exchange Commission to revoke its license in Cyprus.
Coinbase Teams Up With Bitkey Wallet Devs
Reading Time: < 1 minuteCoinbase has teamed up with Bitkey, a non-custodial wallet developed by Block Jack Dorsey.

























