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Category: News

Latest news on blockchain, cryptocurrencies and the crypto world in general.

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.

May 25, 2023May 25, 2023 Tony Pearce News

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.

May 25, 2023May 25, 2023 Chris Smith News

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.

May 25, 2023May 25, 2023 Tony Pearce News

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.

May 24, 2023May 24, 2023 Chris Smith News

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.

May 24, 2023May 24, 2023 Tony Pearce News

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.

May 24, 2023May 24, 2023 Chris Smith News

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.

May 23, 2023May 23, 2023 Tony Pearce News

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.

May 23, 2023May 23, 2023 Chris Smith News

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.

May 23, 2023May 23, 2023 Tony Pearce News

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.

May 22, 2023May 22, 2023 Tony Pearce News

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.

May 22, 2023May 22, 2023 Chris Smith News

BitDAO to Merge with Mantle and Rebrand Itself

Reading Time: < 1 minuteBitDAO has announced a merger with the L2 project Mantle Network.

May 22, 2023May 22, 2023 Tony Pearce News

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.

May 19, 2023May 19, 2023 Chris Smith News

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.

May 19, 2023May 19, 2023 Tony Pearce News

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.

May 19, 2023May 19, 2023 Chris Smith News

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.

May 18, 2023May 18, 2023 Chris Smith News

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.

May 18, 2023May 18, 2023 Tony Pearce News

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.

May 18, 2023May 18, 2023 Chris Smith News

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.

May 17, 2023May 17, 2023 Tony Pearce News

Minneapolis Fed President Is Unsure About Benefits of National CBDC

Reading Time: < 1 minuteKashkari is doubtful about the project to create a national currency figure (CBDC), claiming that it is unlikely to contribute to the modernization of the state’s financial system.

May 17, 2023May 17, 2023 Chris Smith News

Bitcoin Startup River Financial Attracts $35M in Funding Round

Reading Time: < 1 minuteRiver Financial, a Bitcoin-focused startup based in Columbus, Ohio, has raised $35M in a Series B funding round led by Kingsway Capital.

May 17, 2023May 17, 2023 Tony Pearce News

Crypto Miner Riot Platforms Demands $26M from Mining Firm Rhodium

Reading Time: < 1 minuteRiot Platforms has filed a lawsuit against Rhodium Enterprises for over $26 million.

May 16, 2023May 16, 2023 Chris Smith News

North Korean Hackers Steal $720M in Digital Assets from Japanese Investors

Reading Time: < 1 minuteJapanese investors were among those who were most affected by the North Korean hackers, having lost over $720 million of virtual currencies since 2017.

May 16, 2023May 16, 2023 Tony Pearce News

Polygon Co-Founder Introduces a Scholarship Program for Web3 Developers

Reading Time: < 1 minuteSandeep Nailwal, co-founder of Polygon, and Symbolic Capital, a venture capital fund, have announced the launch of the Nailwal Fellowship program.

May 16, 2023May 16, 2023 Chris Smith News

Binance’s Spot Market Dominance Index Drops to 51%

Reading Time: < 1 minuteBinance’s share in terms of crypto transaction volume has declined over the past few months significantly.

May 15, 2023May 15, 2023 Chris Smith News

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