cryptocurrency news
- Crypto currency
Web3 will unite users from social media platforms, says Aave exec
Web3, the third iteration of the internet, is rapidly approaching the consumer mainstream with the promise of disrupting the status…
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Report: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation – Bitcoin News
The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme…
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Genesis Trading CEO confirms 3AC exposure, parent company helps plug losses
Digital Currency Group’s market maker and lending firm Genesis Trading has confirmed that it had investment exposure in the now-liquidated…
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Key Bitcoin chart ‘will confirm bottom is in’ by July 15, says trader
Bitcoin (BTC) is due to give a definitive signal that a macro bottom is in this month, one analyst has…
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Roboforex Launches $1.2M Promotion
RoboForex, an international financial broker, launches a new global promotion for its clients and partners to celebrate the company’s 12th…
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Bitcoin vs bank: Nayib Bukele reminds Peter Schiff why banks can’t trump BTC
Since the closure of his bank in Puerto Rico, Peter Schiff has been at the receiving end of Bitcoin (BTC)…
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Zimbabwe Central Bank: Gold Coin Sales to Commence in Late July – Bitcoin News
Starting on July 25, the Zimbabwean public will be able to buy and hold gold coins which weigh one troy…
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Crema hacker returns $8M, keeps $1.6M in deal with protocol
The hacker who exploited Solana-based liquidity protocol Crema Finance on July 2 returned most of the funds but was allowed…
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Salary payments in USDT stablecoin ruled as illegal in the Chinese court
Despite the Chinese government banning all kinds of cryptocurrency transactions last year, some firms apparently still use stablecoins like Tether…
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Ethereum Name Service registrations surge by 200% amid lower gas fees
Ethereum domains showed an increase in demand as Ethereum Name Service (ENS) registration totaled 126,141 registrations in just one week. …
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Revolut Collaborates with Stripe to Accelerate International Expansion
Stripe, one of the prominent financial infrastructure platforms for businesses, recently announced that Revolut has added Stripe to drive international…
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Bloomberg analyst tips bullish BTC recovery in next six months
Bloomberg’s senior commodity strategist Mike McGlone is tipping that the price of Bitcoin (BTC) will rebound in the second half…
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Bank of England: Crypto Needs Enhanced Regulatory and Law Enforcement Frameworks – Regulation Bitcoin News
The Bank of England says “extreme volatility” in the crypto market “underscores the need for enhanced regulatory and law enforcement…
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Crypto owners banned from working on US Government crypto policies
US government officials who privately own cryptocurrencies are now banned from working on regulations and policies that could affect the…
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Australia’s world-leading crypto laws are at the crossroads: The inside story – Cointelegraph Magazine
As crypto winter sets in once more, industry players in Australia, one of the world’s most crypto-friendly nations, watch closely…
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Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’
Ethereum has now completed its second-to-last major Merge trial on the public test network Sepolia, paving the way for its…
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1.4 Billion People May Use Biometrics Payments by 2025
The heavy selling in the top cryptocurrencies (dubbed as ‘crypto winter’) has affected many companies in the field. Celsius halted…
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NFT platform wars could be ahead, says new DappRadar report
DappRader’s “Dapp Industry Report for Q2” 2022 raised, among many points, the idea that an upcoming non-fungible token (NFT) platform…
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CapitalPanda and ProfitLevel Operator Pays €170K to Settle with CySEC
The Cyprus Securities and Exchange Commission (CySEC) has settled with BCM Begin Capital Markets CY Ltd for possible regulatory violations,…
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Elon Musk’s Boring Company to Accept Dogecoin Payments for Rides on Las Vegas Transit System Loop – Regulation Bitcoin News
Elon Musk’s Boring Company will accept the meme cryptocurrency dogecoin as payment for rides on its Las Vegas transit system…
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SIX Digital Exchange Forms Strategic Partnership with Fireblocks
SIX Digital Exchange (SDX) recently confirmed that its Web3 Unit, SDX Web3 Services, has developed a strategic collaboration with Fireblocks,…
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Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners’ revenue
Bitcoin (BTC) mining companies have suffered in 2022 due to the crypto bear market. Nonetheless, their stocks collectively saw a…
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R3 Promotes Marc Liew to Head of Ecosystem Development for APAC
Finance Magnates has learned that Marc Liew has been promoted to Head of Ecosystem Development for the APAC region at…
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Inverse Bitcoin ETF Sees 300% Increase In Short Interest | Bitcoinist.com
Bitcoin ETFs had been seeing a lot of interest since they were first given the green light by the Securities…
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Swiss Fintech Klarpay Gains Visa Principal Membership
Klarpay AG, a deposit-taking financial institution authorised by the Swiss Financial Market Supervisory Authority (FINMA), is now a Principal Member…
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Demand for Hardware Crypto Wallets Increases Amid Currency Restrictions in Russia – Bitcoin News
Hardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in Russia, on the backdrop of…
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SG Veteris Hires Raul Malmstein as New Director and MLRO
SG Veteris, a cryptocurrency-based fintech, said on Wednesday that it had appointed Raul Malmstein to establish a new office in…
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PayRetailers Participates in the World’s Leading B2B Fintech Events
Leading Spanish paytech firm, PayRetailers, continues to drive the digital payments and collection markets in Latin America, generating connections within…
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Cumberland Says Financially Burdened Crypto Firms Are ‘Hanging Over the Market Like a Cloud’ – Bitcoin News
Following the over-the-counter (OTC) firm’s Twitter thread on June 14, Cumberland explained on July 5 that “rangebound price action belies…
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Belgian regulator reviews crypto asset classifications while awaiting harmonization
The Financial Services and Markets Authority (FSMA), the Belgian regulator, is seeking comments on its communication on the classification of…
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GAIMIN Launches 5 New Interoperable, Cross-Game Utility NFTxg’s – Press release Bitcoin News
press release PRESS RELEASE. Zug, Switzerland, 6th July 2022: GAIMIN’s NFTxg solves the gamers key problem – how to build…
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NFTs to authenticate racing car parts: Nifty Newsletter, June 29–July 5
In this week’s newsletter, read about Binance’s partnership with the most-followed TikToker Khaby Lame. Check out how Vincenzo Sospiri Racing…
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Bitcoin Bear Market Sends On-Chain Metrics Into Sideways Trend | Bitcoinist.com
Data shows the Bitcoin bear environment has caused the market to become inactive as transaction fees continues to be extremely…
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Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge – Mining Bitcoin News
On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing…
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World’s first short Bitcoin ETF sees exposure explode 300% in days
Bitcoin (BTC) remains a popular institutional investment target in July, but the money is not betting on a bright future.…
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NFTs, PFPs and Art: Finding the Early Gems
NFTs are still in an early phase of their existence, and remain synonymous in many people’s minds with art and…
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Circle looks to reaffirm commitment to transparency as USDC market share soars
The cryptocurrency market has experienced a turbulent period as of late, with several firms filing for bankruptcy or shutting down.…
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Top Privacy Cryptocurrencies by Market Cap Lost Half Their Value in Less Than 2 Months – Markets and Prices Bitcoin News
Since the end of April, the top privacy crypto assets by market capitalization went from a combined value of $10.7…
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‘Flash Crash’-Linked Trading Team at Citigroup to Be Overhauled
Sources cited by Reuters claim that Citigroup is reorganizing the leadership of one of the teams associated with a ‘flash…
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Bitcoin set for volatile monthly close after BTC price ‘checks all boxes’ for major move
Bitcoin (BTC) has reentered its most significant lifelong consolidation zone but could still crash to a “macro bottom,” new research…
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EU And Sweden Discussed Banning Bitcoin Proof Of Work: FOI Documents | Bitcoinist.com
Sweden’s government is urging the European Union to prohibit energy-intensive cryptocurrency mining techniques such as those employed by Bitcoin. Indeed,…
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Canadian Police Freeze Crypto Wallets Tied to Freedom Convoy Protests — Vow to Take Back Ottawa in Entirety – Featured Bitcoin News
Canada’s national police have sent letters to cryptocurrency exchanges asking them to freeze at least 34 crypto addresses allegedly connected…
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Do You Need to Go to College to Work in Crypto?
Against all authority “I told my parents, I’m willing to die on this hill. I don’t want to go on…
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South African University to Commence Blockchain and Digital Currency Education in November – Blockchain Bitcoin News
A South African university, the University of Cape Town (UCT) has revealed it will commence blockchain and digital currency classes…
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Canadian Bitcoin Mine Operator Facing $7 Million Fine for Setting Up Power Plants Without Permission – Bitcoin News
Link Global, a bitcoin mine operator in Canada, is facing a fine of up to $7 million for installing power…
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Coinbase Meeting With US Lawmakers to Discuss Crypto Regulatory Proposal – Regulation Bitcoin News
The Nasdaq-listed crypto exchange Coinbase has been meeting with members of Congress to discuss the cryptocurrency regulation it plans to…
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Money in 2030: A future where DeFi and CBDCs can work together
Decentralized finance (DeFi) is changing the way that people all over the world think about money faster than any previous…
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Bitcoin price surge to $49K prompts several altcoins to hit new all-time highs
On Sunday bulls made their intentions clear by briefly pushing Bitcoin (BTC) price above the $49,000 level, a move that…
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US Lawmakers Urge Fed Chair Jerome Powell to Support Crypto Innovation – Regulation Bitcoin News
Several U.S. lawmakers have called on Federal Reserve Chairman Jerome Powell to support cryptocurrency innovation. “The Federal Reserve must work…
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Beyond Bitcoin: The future of digital assets is bigger than the first crypto
While change is guaranteed, the scale and scope of that change are not. For the financial industry, blockchain — the…
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