Crypto News

  • News - 4 December 2021, 10:14 am

    NFTs are the biggest disrupter in art this year, with artists minting, exhibiting and auctioning, and investors buying, selling and trading. In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues…Read More

  • Bitcoin News - 4 December 2021, 9:30 am

    A recent paper authored by members of several universities, including Sydney and Macquarie, argues that recent changes in Ethereum monetary policy are making it a better store of value than bitcoin. The deflationary effect that the EIP-1559 proposal has caused in the issuance of the currency is said to be the main cause of this.…Read More

  • News - 4 December 2021, 9:20 am

    $2.5 billion liquidated across cryptocurrency in a mass rout which sends Bitcoin price action back to the end of September. Bitcoin (BTC) traded near $47,000 on Dec. 4 after a sudden crash confirmed bulls’ worst nightmares with 22% daily losses.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewCrypto liquidations pass $2.5 billionData from Cointelegraph Markets Pro and…Read More

  • News - 4 December 2021, 8:46 am

    The “FTX’s Key Principles for Market Regulation” blog consists of a 10-points proposal aiming to help U.S. regulators build a crypto-centric regulatory framework. Bahamian-based cryptocurrency exchange FTX released a list of principles and proposals to help policymakers build the regulatory framework. The policy recommends the market-structure choices made by several leading crypto exchanges and suggests…Read More

  • Bitcoin News - 4 December 2021, 7:30 am

    Binance has named three former housemates from the popular Nigerian reality television show “Big Brother Naija” as the cryptocurrency exchange’s brand ambassadors for the African continent. Bringing Crypto to the Mainstream Leading cryptocurrency exchange Binance has said as part of its plan to increase its foothold on the African continent, it has partnered with…Read More

  • News - 4 December 2021, 6:56 am

    With this purchase, El Salvador’s Bitcoin reserve now amounts to 1,270 BTC, which is worth nearly $60.3 million at the time of writing. The Republic of El Salvador has procured 150 Bitcoin (BTC) amid the biggest bear market since Bitcoin attained an all-time high of nearly $68,000 back in the first week of November.Salvadoran president…Read More

  • News - 4 December 2021, 5:47 am

    The price of Bitcoin has fallen to two-month lows as volatility bites. But could the bottom be in for the Bitcoin price at around $42,000? Bitcoin (BTC) has suddenly fallen below $47,000 on Dec. 4, losing nearly 20% in the past 24 hours. This makes this the biggest one-day drop since May 15, when Bitcoin…Read More

  • Bitcoin News - 4 December 2021, 3:30 am

    The Federal Bureau of Investigation (FBI) has seized bitcoin worth more than $2.2 million tied to ransomware payments. The cryptocurrency allegedly belongs to an affiliate of Gandcrab and Revil/Sodinokibi ransomware. US Seizes Bitcoin Worth Over $2 Million The Federal Bureau of Investigation (FBI) has seized almost 40 bitcoins from a Russian resident tied to…Read More

  • Bitcoin News - 4 December 2021, 1:30 am

    The Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT) assets can be used for money laundering purposes. The report determines that in order to mitigate the money laundering risks a ‘know your customer’ monitoring system “needs to be implemented.” RUSI: ‘NFT Technology Can Raise…Read More

  • News - 4 December 2021, 12:30 am

    Fractals, bullish technical analysis patterns and the fact that 67% of the total supply is staked are key reasons why analysts expect ATOM to hit new highs shortly. Cosmos (ATOM) has the potential to record major gains in the upcoming weeks primarily because its longer-timeframe chart is showing a bullish continuation pattern. Dubbed “bull flag,” the…Read More

  • Bitcoin News - 3 December 2021, 11:30 pm

    Senator Elizabeth Warren has written a letter to the CEO of the New York bitcoin mining firm Greenidge Generation, Jeff Kirt, asking for details on the company’s emissions. Warren’s letter insists “Greenidge and other [bitcoin mining] plants raise concerns about their impacts on the global environment.” Elizabeth Warren Takes Aim at Bitcoin Mining Operations …Read More

  • News - 3 December 2021, 11:05 pm

    “Not your keys, not your coins” is short for “Don’t leave your crypto on exchanges.” Here are three soft wallets that are trusted by millions of investors. Nearly every segment of the crypto sector underwent explosive growth in 2021. The steady inflow of institutional funds could possibly be interpreted as a signal that the best…Read More

  • Bitcoin News - 3 December 2021, 10:00 pm

    Originally launched on June 15th, 2021, EverRise is a blockchain technology company that offers bridging and security solutions across multiple chains through an ecosystem of decentralized applications. With their RISE token, they were the first to bring the buyback to crypto. Since then, the buyback mechanic has become standard in space with countless forks. EverRise…Read More

  • News - 3 December 2021, 9:48 pm

    “Chairman Gensler’s failure to provide clear rules of the road for cryptocurrencies underscores the need for Congress to act,” said Senator Pat Toomey. Pennsylvania Senator Pat Toomey, one of the ranking members of the Senate Banking Committee, has suggested Congress step in with legislation should the Securities and Exchange Commission (SEC) be unable to provide…Read More

  • Bitcoin News - 3 December 2021, 9:30 pm

    During the last few months, the Smartbch project has swelled with numerous projects, custom tokens, and the total-value locked (TVL) in five Smartbch decentralized exchange (dex) platforms has jumped more than 180% since November 3. Smartbch Defi TVL Climbs 180% in a Month — Bitcoin Cash Universe Now Has 5 Dex Platforms Eight months…Read More

  • News - 3 December 2021, 9:14 pm

    “The future of the financial industry is built on blockchain technology,” said NBX CEO Stig Kjos-Mathisen. On Friday, Norwegian Block Exchange (NBX) announced it would become the first cryptocurrency platform among the Nordic countries (Norway, Sweden, Denmark and Finland) to list its shares on the pan-European Euronext stock exchange. NBX was created in 2018 by…Read More

  • News - 3 December 2021, 8:35 pm

    It’s clear that bears have nearly extinguished all signs of bullish momentum after BTC price falls below $52,000 and altcoins take a severe belting. Bitcoin (BTC) and Ether (ETH) have turned down from their respective overhead resistance levels, suggesting that bears continue to sell on rallies.New research in Australia suggests that the Ethereum Improvement Proposal (EIP)…Read More

  • News - 3 December 2021, 8:30 pm

    “I think the community should very much be trying to bend the arc of development away from injecting artificial, unnecessary scarcity entirely for the benefit of some investor class,” said Edward Snowden. National Security Agency whistleblower Edward Snowden said he was concerned with how some privileged individuals or firms in the digital space might be…Read More

  • News - 3 December 2021, 8:00 pm

    “It’s like your NFT is the wine cellar, but it’s in your wallet,” said the staff from World Wide Wines. Many exciting developments are coming to the space of nonfungible tokens, or NFTs, ranging from metaverse NFTs to fantasy soccer digital collectible cards and up to monster-battle NFT games. In fact, Cointelegraph Research predicts NFT…Read More

  • News - 3 December 2021, 7:38 pm

    Bitcoin price is dropping back toward monthly lows, but analysts agree that the current range is a “buy zone.” Bitcoin’s (BTC) downtrend extended a few rungs lower on Dec. 3 after the price dropped under $54,000 and traders will note that the BTC/USD daily chart shows a notable uptick in sell volume. Crypto Fear & Greed…Read More

  • News - 3 December 2021, 7:30 pm

    MonoX and BadgerDAO suffer callous security attacks, Borderless Capital opens a $500-million fund to advance Algorand’s ecosystem, and Iota is to launch Assembly in early 2022 — all coming to you in this week’s Finance Redefined. Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.A week packed with positive advancements in the DeFi space…Read More

  • Bitcoin News - 3 December 2021, 7:30 pm

    The crypto firm is joining the slew of digital currency exchanges that have launched non-fungible token (NFT) marketplaces in recent times. On December 2, the company announced it is launching the NFT marketplace, and select users can sign up for beta access today. NFT Marketplace Launches Beta Access Non-fungible token…Read More

  • Bitcoin News - 3 December 2021, 5:30 pm

    The U.S. Treasury Secretary Janet Yellen says that she has not made up her mind about whether the Fed should issue a central bank digital currency (CBDC). “There are some benefits” to a digital dollar, Yellen said, but noted that “there are also meaningful costs.” Janet Yellen Has Not Decided Whether the Fed Should Develop…Read More

  • News - 3 December 2021, 4:45 pm

    Assuming a fix for its troublesome language, the bill might eventually prove a boon — another sign “digital assets are here to stay.” Back in August, there were some dire warnings about what the Biden Administration’s proposed infrastructure bill might do to the cryptocurrency and blockchain sector by driving crypto miners out of the United…Read More

  • News - 3 December 2021, 4:44 pm

    The two firms were part of a consortium of DeFi projects that founded the financial inclusion and education initiative DeFi for the People in August. 0x and Celo have announced a joint partnership to allocate $4.5 million — consisting of $3 million CELO and $1.5 million ZRX — towards the growth of 0x’s ecosystem via…Read More

  • News - 3 December 2021, 4:14 pm

    The indices will provide investors with direct exposure to large-cap cryptocurrencies, altcoins, DeFi services, and more. On Friday, WisdomTree, a financial institution with over $76 billion in assets under management, announced it had created four cryptocurrency indices in the United States and Europe to provide diversified portfolio exposure to investors. The move comes in collaboration…Read More

  • Bitcoin News - 3 December 2021, 3:30 pm

    India is no longer planning to ban cryptocurrency, a cabinet note circulated by the government reportedly indicates. Activities relating to crypto assets will be regulated by the Securities and Exchange Board of India (SEBI). Crypto Will Not Be Banned in India, Cabinet Note Indicates Despite reports of the Indian government planning to ban cryptocurrencies,…Read More

  • News - 3 December 2021, 1:57 pm

    The BadgerDAO attack has reportedly impacted Celsius Network for more than $50 million, sources suggest. Cryptocurrency lending platform Celsius has reportedly lost over $50 million in the exploit of decentralized finance (DeFi) protocol BadgerDAO.As reported by Cointelegraph on Thursday, the attack targeted the protocol on the Ethereum network, reaping an unconfirmed $120 million in assets.According…Read More

  • News - 3 December 2021, 1:38 pm

    Coinbase officials have suggested that they need to become the “Amazon Web Services of cryptocurrencies” as soon as possible. With Amazon Web Services (AWS) being one of the most popular cloud service providers on the planet, it’s no surprise that Coinbase, a cryptocurrency exchange based in the United States, is attempting to capitalize on its…Read More

  • News - 3 December 2021, 12:15 pm

    The Berkshire Hathaway vice-chair compares crypto to the dot-com era and blames crypto projects for selfishness. As 97-year-old investment veteran Charlie Munger continues scolding cryptocurrencies like Bitcoin (BTC), the crypto community quickly responded to his latest comments.On Friday, the vice-chairman of Warren Buffett’s Berkshire Hathaway spoke of crypto at Australia’s investor event, the Sohn Hearts…Read More

  • News - 3 December 2021, 10:10 am

    Such a move would require broad consensus among Congress, the U.S. central bank and the White House. U.S. Treasury Secretary Janet Yellen has given her opinions on the potential of a digital dollar but is hesitant to come to any conclusions at this stage in proceedings. Yellen said on Thursday that she had not formed…Read More

  • News - 3 December 2021, 9:14 am

    Spotify and Apple Music reportedly cut 75% from musicians’ revenues together with the cut paid to labels. As popular music streaming services like Spotify cut much of musicians’ revenues, new technologies like nonfungible tokens (NFT) will likely help artists grab back their fair share, Saxo Bank predicted.According to one of Saxo Bank’s “Outrageous Predictions 2022:…Read More

  • News - 3 December 2021, 8:06 am

    ETH/BTC stays near its highest since 2018, but that’s nothing compared to its next move, one trader believes. Ethereum’s Ether token (ETH) is due to launch a “parabolic” attack on BTC to beat all-time highs, one analyst believes.2-week predicts “crazy” ETH moveETH/BTC 1-month candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView shows ETH/BTC sitting…Read More

  • News - 3 December 2021, 5:32 am

    The living “El Primero” or “The First” NFT immortalizes an economic moment in sci-fi history by fusing future tech with Star Trek history. The signature of Star Trek producer Gene Roddenberry has gone boldly where no nonfungible token (NFT) has gone before — into the code for life itself.Back in 1965, Roddenberry signed a contract…Read More

  • News - 3 December 2021, 5:10 am

    Polygon has ramped up its NFT gaming plans with GameOn partnership, Irishman producer launches NFT firm to fund movies, and the Silk Road founder‘s NFT drop has fetched bids higher than $1 million. Silk Roads lead to nonfungile tokens Bidding for a 1/1 nonfungible token (NFT) auction created by imprisoned Silk Road founder Ross Ulbricht…Read More

  • News - 3 December 2021, 3:46 am

    The award-winning artists want their new release “This is fine” to become the first NFT single ever to go platinum, but it’s unclear whether that is even possible. Dance music star Deadmau5 and Grammy award-winning indie rock band Portugal The Man have teamed up to release 1 million copies of their new single “This is…Read More

  • News - 3 December 2021, 3:00 am

    The report highlights the merits of EIP-1559 as a tool for making ETH a deflationary cryptocurrency and potentially a better store of value than Bitcoin. University researchers in Australia have questioned Bitcoin’s (BTC) reputation as the best store of value, claiming that Ether (ETH) is on track “to becoming the world’s first deflationary currency.”A Nov. 18…Read More

  • News - 3 December 2021, 2:06 am

    Indian crypto investors will reportedly be given a specific time frame to declare their crypto holdings and hold their assets on crypto exchanges regulated by SEBI. According to reports from local media, the Indian government will not move for an outright ban on crypto and will instead regulate the sector. On Nov. 23, Cointelegraph reported…Read More

  • News - 3 December 2021, 1:04 am

    A Kenyan university and a blockchain healthcare provider will join forces to study whether Africa’s HIV crisis can be helped by using crypto and blockchain technology. A groundbreaking five-year study into whether crypto token incentives can improve health outcomes for patients with HIV/AIDS will be launched in Kenya by the end of the year.On Nov…Read More

  • News - 3 December 2021, 12:37 am

    A disappointing week of exploits has put a temporary grim cloud over the end of 2021, with BadgerDAO and Huobi-listed MonoX suffering major losses. More than $150 million has been lost this week in separate security breaches at DeFi projects MonoX and BadgerDAO.Multi-chain decentralized exchange (DEX) MonoX (MONO) suffered a cyber attack on Tuesday leading…Read More