Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
NFT Marketplace Blur Announces it is Unfreezing 196 Million Tokens
Reading Time: < 1 minuteNearly 196 million BLUR tokens, worth ~$62 million, which constitute 6.5% of the total supply and 40% of the current market supply, were unlocked yesterday.
Bank of Thailand Starts Trials of National Digital Currency
Reading Time: < 1 minuteLast year, the Central Bank of Thailand expressed its desire to test a central bank digital currency (CBDC) within the next year.
Prime Trust’s Payments Division Files for Bankruptcy Protection
Reading Time: < 1 minuteBanq, a payment subsidiary of crypto custodian Prime Trust, has filed for Chapter 11 bankruptcy in Nevada District Court.
Web3 Esports Platform Moxy.io is Integrating Shoks Rods Game
Reading Time: < 1 minuteMoxy.io has recently announced that is has teamed up with Stainless Games.
Uniswap v4’s Draft Code is Made Available to the Public
Reading Time: < 1 minuteUniswap Labs has just released the early code for Uniswap v4 on GitHub.
Mark Cuban: The SEC Could Recognize Any Token as a Security
Reading Time: < 1 minuteMark Cuban, an American financier and TV presenter, has spoken out against the Securities and Exchange Commission (SEC) for their lack of a system classifying digital currencies.
BlockFi Will Resume Withdrawals in Summer
Reading Time: < 1 minuteBlockFi is expecting to open up the option to withdraw funds from certain client accounts in the summer once testing is completed.
USDT Issuer Tether Issues 1 Billion USDT to Support Token Exchange
Reading Time: < 1 minuteTether has recently authorized the issuance of 1 billion USDT in order to support the token exchange on various blockchains.
Nigeria Orders Binance to Suspend Service to Traders
Reading Time: < 1 minuteThe Nigerian Securities Authority has recently released a statement warning investors to stay away from Binance.
A Whale Sells $2.3M of BNB Tokens
Reading Time: < 1 minuteA whale investor has made an exchange of 10,000 BNB, valued at approximately $2.3 million, for USDT at a rate of $230 after two years of dormancy.
Crypto Exchange OKX Burns $258M Worth of its Native Token OKB
Reading Time: < 1 minuteOKX has destroyed 64 million of its tokens in its 20th native token buyback and burn procedure, with nearly 5.5M OKB valued at roughly $258M taken out of circulation.
Coinbase CEO Brian Armstrong Believes the US Authorities Will Legalize Crypto Market
Reading Time: < 1 minute
At the end of May, Coinbase’s CEO Brian Armstrong penned an article in which he denounced the US government’s sluggishness in legalizing the cryptocurrency market.
Bedrock Update Significantly Reduces Optimism Network Fees
Reading Time: < 1 minuteFollowing the recent Bedrock update, Optimism’s L2 transaction fees saw a sharp decrease, going from $0.57 to $0.16, according to the Dune dashboard.
BitGo Plans to Acquire Crypto Custodian Prime Trust
Reading Time: < 1 minuteCustodian BitGo has reached a preliminary agreement to purchase all 100% of the securities of Prime Core Technologies, which includes cryptocurrency custodial company Prime Trust.
Charles Hoskinson Talks About Reasons Behind SEC Lawsuit Against Binance
Reading Time: < 1 minuteCharles Hoskinson believes that the US Security and Exchange Commission’s (SEC) case against the Binance Bitcoin exchange is driven by its “political and philosophical disagreement” about cryptocurrencies.
USDC Issuer Circle Receives Payment Institution License in Singapore
Reading Time: < 1 minuteCircle has been granted a Major Payment Institution license by the Monetary Authority of Singapore, enabling Circle Internet Singapore to offer digital payment token services and domestic and international money transfers in the country.
Aave Launching Final Version of its GHO Stablecoin on Ethereum
Reading Time: < 1 minuteAave Companies is heading towards the implementation of their fully decentralized GHO stablecoin on the Ethereum mainnet.
CFTC Wants Additional Powers to Oversee Crypto Industry
Reading Time: < 1 minuteRostin Benam, the head of the CFTC, has called for the department to receive the authority to impose anti-fraud regulations on the cryptocurrency market during his speech in front of […]
Securities and Exchange Commission Sues Coinbase
Reading Time: < 1 minuteThe Securities and Exchange Commission brought a lawsuit against Coinbase on Tuesday morning.
Coinbase Shares Fall 9.1% Following SEC Lawsuit Against Binance
Reading Time: < 1 minuteOn June 5, the trading of Coinbase stocks ended with a 9.1% decline. This was the market’s response to an SEC lawsuit filed against Binance and its CEO Changpeng Zhao.
Atomic Wallet Hacker Sent Assets to Crypto Mixer Used by Hacker Lazarus Group
Reading Time: < 1 minuteMore than $35 million worth of assets stolen in the Atomic Wallet hack is being laundered by the hacker through the Sinbad.io cryptocurrency mixer.
Bloomberg Strategist: BTC Will Go Through Difficult Period
Reading Time: < 1 minuteMike McGlone, a Bloomberg strategist, has cautioned that June 2023 will be a challenging period for bitcoin.
Bitcoin’s Volatility is Tower than Meta and Amazon Stocks
Reading Time: < 1 minuteThe yearly volatility of Bitcoin has dropped from its all-time average of 71% to 32% on the 30D-MA.
SEC Sues Crypto Exchange Binance
Reading Time: < 1 minuteThe US Securities and Exchange Commission instituted a lawsuit against the world’s largest crypto exchange, Binance, and its founder Changpeng Zhao.
USDT’a Market Caps Reaches New High
Reading Time: < 1 minute
The total market value of Tether (USDT) has reached a new record at $83.4 billion, surpassing its previous record from May 2022 of $83.2 billion.
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