The Latest Cryptocurrency News

  • News - 26 September 2022, 1:23 pm

    The hacker stole 732 ETH worth about $950,000 and sent it to the sanctioned Tornado Cash mixer. Hacks and exploits continue to plague the decentralized finance (DeFi) sector as another vanity wallet address joins the roster of DeFi victims that collectively lost more than $1.6 billion in 2022. In an alert published by blockchain security firm PeckShield, a hacker was detected after stealing 732 Ether (ETH),…Read More

  • News - 26 September 2022, 1:01 pm

    Large financial institutions are getting involved in digital assets by investing capital, time and effort into custody technology solutions. Until 2020, most of the crypto market action was largely driven by retail enthusiasm. It was only around August 2020 that institutions started to participate meaningfully in this asset class. As the United States Federal Reserve unleashed trillions of dollars of liquidity into the market during…Read More

  • News - 26 September 2022, 12:13 pm

    The stablecoin’s top-rival Tether has witnessed growth in its market cap, on the other hand. The market capitalization of USD Coin (USDC), a stablecoin issued by U.S.-based payment tech firm Circle, has dropped below $50 billion for the first time since January 2022.On the weekly chart, USDC’s market cap, which reflects the number of U.S. dollar-backed tokens in circulation, fell to $49.39 billion on Sept.…Read More

  • News - 26 September 2022, 12:05 pm

    The Binance crypto exchange will burn all trading fees collected on its LUNC/BUSD and LUNC/USDT spot and margin pairs. To support the Terra community’s efforts to revive the Terra (LUNA) — now renamed Terra Classic (LUNC) — token, crypto exchange Binance announced an off-chain burning mechanism last week. However, after receiving mixed reactions from community members, the exchange revised its burning approach. On Sept. 23, Binance…Read More

  • News - 26 September 2022, 11:57 am

    Hoskinson called the Ethereum Merge a flawed PoS implementation, claiming custodial staking would create issues for the network in the long run. Charles Hoskinson, founder of Cardano and co-founder of Ethereum, got into a war of words with Ethereum developers on the implementation of the proof-of-stake (PoS) consensus via the Ethereum Merge.On Sunday, Web3 investor Evan Van Ness shared an unpopular opinion, claiming that the…Read More

  • Bitcoin News - 26 September 2022, 11:30 am
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    Hadean, a company using computing to scale virtual and metaverse worlds, has successfully closed its Series A funding round, raising $30 million. Among the companies that invested were gaming giant Epic Games and Chinese entertainment behemoth Tencent. Hadean aims to keep developing its metaverse-scaling infrastructure and software. Hadean Closes $30M Series A Funding Round Hadean, […]Read More

  • Bitcoin News - 26 September 2022, 11:00 am

    Ironbeam is a U.S. registered Futures Commission Merchant (“FCM”​) which offers trading on crypto nano futures thanks to a partnership with Coinbase Derivatives. The brokerage charges no commission* on these Bitcoin and Ethereum contracts, as well as requiring low margin. Trade Cryptocurrency Nano Futures Contracts Headquartered at the Chicago Board of Trade, Ironbeam launched […]Read More

  • News - 26 September 2022, 10:15 am

    The Nvidia GeForce RTX 3080’s price dropped from $1118, or 8,000 yuan, to 5,000 yuan within three months, according to a Chinese merchant. As the Ethereum network’s move to a proof-of-stake (PoS) consensus mechanism drives adoption from institutional investors, the prices for graphics processing units (GPUs), often used for mining cryptocurrencies like Ether (ETH), have gone down in China. Following the historic Ethereum Merge on Sept.…Read More

  • News - 26 September 2022, 10:03 am

    Reaching 1 GBP = $1.04, the pound has crash-landed, marking a record low against the U.S. dollar following the new prime minister’s budget announcements. The Great British pound sterling has fallen to the lowest level ever against the United States dollar. In a flurry of overnight trading activity, the pound reached lows of 1 pound = $1.04. It lost 5% of its value in a…Read More

  • Bitcoin News - 26 September 2022, 10:00 am
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    The South African financial services giant, Nedbank, is reported to have acquired a village in the metaverse. The village will be used to showcase African creativity and to create experiences that “go beyond banking.” By securing a virtual property in Ubuntuland, Nedbank became one of the first financial institutions in Africa to embrace the metaverse. […]Read More

  • Bitcoin News - 26 September 2022, 8:30 am
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    AC Milan, a popular soccer team in the Italian Serie A league and the current champion, announced the launch of a new non-fungible token (NFT)-based project. The organization established a partnership with Monkeyleague, a Solana-based Web3 soccer game, which became its official NFT partner to launch a new series of NFT branded game assets for […]Read More

  • News - 26 September 2022, 8:08 am

    A time tunnel to November 2020 opens on BTC price action as the U.S. dollar lays waste to currencies and equities alike. Bitcoin (BTC) starts a new week staring down a wild macro environment after sealing its lowest weekly close in nearly two years.As risk assets across the global economy take a hammering and the United States dollar surges, the largest cryptocurrency is on a…Read More

  • News - 26 September 2022, 7:52 am

    The key objectives of the project are to identify and understand innovative business models, use cases, benefits, risks and operational models for a CBDC in Australia. Making it to the list of countries that intend to launch an in-house central bank digital currency (CBDC), the Reserve Bank of Australia (RBA) released a white paper outlining an elaborate plan for conducting a pilot project for eAUD.On…Read More

  • Bitcoin News - 26 September 2022, 7:00 am

    The Ivorian payments financial technology (fintech) startup, Julaya, recently concluded its pre-Series A round with an additional $5 million capital raise. This brings to $7 million the total capital that the fintech startup, which specializes in business-to-business payments, has raised in this series. Senegalese Footballer Édouard Mendy Participates in the Series An Ivory Coast-based […]Read More

  • News - 26 September 2022, 6:20 am

    Dave Ripley says he doesn’t see a reason to register with the SEC as an exchange because Kraken does not offer securities to users. The newly appointed CEO of crypto exchange Kraken has stated that he has no plans to register the company with the United States Securities and Exchange Commission (SEC) or delist any tokens that have been labeled by the SEC as securities.In…Read More

  • Bitcoin News - 26 September 2022, 5:30 am
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    Russia is preparing to authorize international crypto payments but people involved in the industry doubt this would allow the country to circumvent sanctions. At the same time, the United States has been tightening the noose, recently targeting the use of cryptocurrencies to dodge the financial restrictions imposed by the West with new legislation in Congress. […]Read More

  • Bitcoin News - 26 September 2022, 5:00 am
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    PRESS RELEASE. Finity Touch will surprise the crypto community with its unique features and an already large but growing ecosystem. The team of Finity Touch is happy to present Finity Skills. Finity Skills is the first product of the Finity Touch Ecosystem, which will be available in October 2022. What makes this news even […]Read More

  • News - 26 September 2022, 4:02 am

    The proposal puts forward an “opt-in” token standard that would enable victims to report theft to a governance contract, with algorithms helping to identify and freeze ill-gotten gains. Stanford University researchers have come up with a prototype for “reversible transactions” on Ethereum, arguing it could be a solution to reduce the impact of crypto theft. In a Sunday tweet, Stanford University blockchain researcher Kaili Wang shared…Read More

  • Bitcoin News - 26 September 2022, 4:00 am
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    The World Economic Forum (WEF) has launched the Crypto Sustainability Coalition, an initiative dedicated to assessing the role of Web3 technologies in the fight against climate change. The organization, which is composed of 30 companies, educative groups, and other institutions, will research the impact of the energy consumption of these technologies, and how they can […]Read More

  • News - 26 September 2022, 3:49 am

    While the commission is standard for Apple, some have expressed their displeasure at the company’s “grotesquely overpriced” cut of sales. Nonfungible token (NFT) application developers and others have balked at a decision by tech giant Apple to impose a 30% commission on NFTs sold through apps on its marketplace, effectively putting NFT purchases in the same boat as regular in-app purchases. According to a Friday report…Read More

  • Bitcoin News - 26 September 2022, 2:00 am
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    California Governor Gavin Newsom has vetoed a bill to regulate crypto in his state. He stressed that “a more flexible approach is needed” to “keep up with rapidly evolving technology and use cases” in the crypto sector. Bill to Regulate Crypto in California Vetoed by Governor Newsom The governor of the U.S. state of […]Read More

  • Bitcoin News - 26 September 2022, 12:00 am

    The Internal Revenue Service (IRS) has obtained a “court order authorizing summons for records relating to U.S. taxpayers who failed to report and pay taxes on cryptocurrency transactions.” The IRS commissioner commented: “The government’s ability to obtain third-party information on those failing to report their gains from digital assets remains a critical tool in catching […]Read More

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