Blockchain & Cryptocurrency News

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Sat, 28 May 2022, 11:31 AM
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Bitcoin to recover after Terra’s collapse and rise “into the millions,” says Michael Saylor

Majority of American crypto owners acquired them for investment and not for use in transactions

The crypto market rally last year pushed prices of most digital currencies such as Bitcoin (BTC) and Ether (ETH) to new all-time highs making them increasingly popular among investors in the US. In fact, a recent report by...

Crypto payments will eventually be legalized in Russia, says official

Russia will eventually legalize payments in cryptos such as Bitcoin (BTC) and Ether (ETH). This was revealed by the Russian Federations Minister of Industry and Trade Denis Manturov who said that it could happen sooner or...

Crypto investors’ interest will eventually recover after Terra’s collapse

The crash of the LUNA crypto and UST stablecoin is likely to negatively impact retail and institutional demand for crypto assets in the short term. However, a crypto exchange executive believes that the recent collapse of...

South Korean regulator eyes new crypto regulations targeting token issuers

South Koreas crypto industry players could be facing stricter regulations ahead. The Financial Services Commission (FSC) recently released a report that recommended a new licensing system for token issuers and exchanges to...

Luna Foundation’s 80K BTCs down to 313 after it sold $3B in Bitcoin to defend UST

Aside from Bitcoins (BTC) slide below $27,000 and Ethereum (ETH) below $2,000, the crypto market witnessed the shocking crash of the LUNA and terraUSD (UST) stablecoin. As investors pondered what might have caused the...

Nigeria SEC issues new crypto rules confirming digital assets are securities

Nigerias Securities and Exchange Commission (SEC) has recently published new rules that will govern the issuance, custody, and exchange of crypto assets. The development is seen as a step toward the legitimacy of cryptos...

Bitcoin bull Bill Miller remains bullish despite the recent crypto market correction

The crypto market correction sent the prices tumbling with Bitcoin (BTC) trading below $27,000 and Ethereum (ETH) dropping below $2,000 last week. However, long-time Bitcoin bull Bill Miller remains unfazed by the steep...

JTBC partners with PUBLISH to mint the world’s first ‘news tip’ NFT

PUBLISH has partnered with JTBC (Joongang Tongyang Broadcasting Company), one of the largest South Korean cable television networks owned by the media conglomerate JoongAng Group. Under the agreement, the two...

Crypto exchange Binance stops support for LUNA and UST on Binance Earn but reinstates their spot trading

Binance, the largest crypto exchange in the world by trading volume, has announced that it has stopped support for LUNA and UST on Binance Earn. The move came after massive liquidations sent the prices of both tokens...

Crypto billionaire Sam Bankman-Fried says the market has stabilized

The recent crypto market decline sent to the prices of popular coins such as Bitcoin (BTC) and Ethereum (ETH) to new lows and wiped out a significant chunk of most crypto billionaires fortunes. However, Sam Bankman-Fried...

Australia’s first crypto ETFs launched allowing investors to gain exposure to Bitcoin and Ethereum

The crypto market might have declined in recent weeks but that has not stopped players in the industry to launch new products for investors who want to gain exposure to Bitcoin (BTC) and Ethereum (ETH). In fact, three...

Business

Sumitomo Mitsui partners with crypto exchange Bitbank to offer custodial services to institutional clients Sat, 28 May 2022, 10:55 am UTC

Sumitomo Mitsui Trust Holdings Inc is joining the growing list of global financial giants getting into crypto. The financial services firm has teamed up with a Japanese crypto exchange to create a company that will manage...

Crypto exchange Coinbase reports a $430M loss but remains bullish

Instagram to pilot NFT feature that allows select US creators and collectors to post their digital collectibles without charge

SEC fines Nvidia $5.5M for inadequate disclosures on crypto mining’s impact on its gaming business

Technology

Crypto wallet MetaMask warns of a phishing scam targeting iCloud users Mon, 18 Apr 2022, 08:11 am UTC

With cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) becoming more popular these days, cybercriminals are now increasingly targeting digital currency owners in their scams. Crypto wallet MetaMask recently issued a...

Intel launches second-gen Bitcoin mining chip Blockscale

Security firm discovers new crypto scheme deploying fake Trojan apps disguised as crypto wallets

Coinbase requires additional info for crypto transfers from Canada, Singapore, and Japan

Investing

Ether and Bitcoin whale transactions spiked on Wednesday suggesting the bottom might be close Thu, 12 May 2022, 07:19 am UTC

The recent crypto market downturn, which sent the prices of popular tokens such as Bitcoin (BTC) and Ether (ETH) plunging, has deterred some investors. However, whales remain unfazed by the market-wide losses and have been...

El Salvador buys 500 BTCs as Bitcoin briefly plunges to a 10-month low

Bitcoin plunges to a 10-month low and briefly trades below $30K

Crypto to overtake traditional investments as digital currencies reach mainstream adoption within a decade

Insights

Crypto adoption for both institutional and retail investors in Eurozone countries is on the rise Fri, 27 May 2022, 08:23 am UTC

The crypto market rally last year pushed the prices of popular coins such as Bitcoin (BTC) and Ethereum (ETH) to new all-time highs making them more attractive to investors. A recent survey published by the European...