Blockchain & Cryptocurrency News

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Tue, 28 Jun 2022, 01:01 AM
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Demand for crypto from U.S. retail investors remain strong, says Bank of America survey

Some high-profile crypto investors believe bottom is near as Bitcoin and Ether prices rebound

The recent crypto market sent major digital currencies such as Bitcoin (BTC) and Ether (ETH) tumbling to their lowest levels this week. While there are fears that token prices could go as low as 2017 levels, high-profile...

Crypto fund managers believe Bitcoin could go as high as $100K by yearend, says PWC report

The recent crypto market decline sent Bitcoin (BTC) trading just above $20,000 as a weak macroeconic environment continue to drag the prices of most asset classes. However, a recently published study reveals that most...

Top crypto exchanges in South Korea team up to prevent another Terra type collapse

The collapse of the $60 billion Terra ecosystem sent shockwaves across the entire crypto industry, which has been declining since the year started. A few of South Koreas top crypto exchanges are now joining hands to make...

Crypto exchange Binance explains Bitcoin withdrawal issue that lasted for more than 3 hours

Binance, the worlds largest crypto exchange by volume, experienced Bitcoin withdrawal issues on Monday. The problem arose as the exchange was doing repairs to fix small hardware failures. Withdrawals on the Bitcoin...

Bitcoin adoption rate to reach 10% globally in 8 years

While Bitcoin has recently declined to its lowest price this year, a new report is bringing in a bullish outlook for the cryptos long-term prospects. According to Blockware Intelligence, BTC could hit an adoption rate of...

Hong Kong’s SFC warns investors of potential risks associated with NFTs

With the price volatility of cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), regulators are understandably concerned that consumers might not be fully cognizant of the risks associated with cryptos and other...

Number of countries exploring CBDCs rises threefold to 105 since 2021

With the rising popularity of cryptocurrencies such as Bitcoin (BTC) and Ether (ETH), central banks worldwide are mulling the possibility of issuing their own central bank digital currency (CBDC) as an alternative to...

South Korea will select four companies to participate in its 2022 Metaverse Content Creation Project

South Korea is pushing ahead with its metaverse strategy and has how enlisted the support of the private sector. As part of the governments strategy, the Ministry of Science and Information and Communication Technologies...

Business

Zuckerberg sees billions of people spending money on the metaverse Mon, 27 Jun 2022, 17:59 pm UTC

When Facebook changed its name into Meta to highlight its shift in focus into the metaverse, many people were a bit confused about the move, which is understandable since many probably never heard of the word metaverse...

Crypto exchange Coinbase to impose additional KYC requirements for Netherlands-based users

Bitcoin and crypto payments are now accepted by Swiss watchmaker Hublot and Prague’s Tram Line #42

24% of SMEs plan to accept payments in Bitcoin and other cryptos

Technology

Instagram to pilot NFT feature that allows select US creators and collectors to post their digital collectibles without charge Wed, 11 May 2022, 07:57 am UTC

Instagram users may soon be able to display their prized collection on their social media accounts. The company announced that it is starting a pilot for the NFT feature this week. Instagrams new NFT feature was...

Crypto wallet MetaMask warns of a phishing scam targeting iCloud users

Intel launches second-gen Bitcoin mining chip Blockscale

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

Investing

Here’s what experts say on buying the Bitcoin dip Sun, 26 Jun 2022, 08:45 am UTC

The recent crypto market drop last week dragged Bitcoin (BTC0 below $20,000 at one point as Ethereum (ETH) plunged below $1,000. While both coins have already managed to recover from their sharp decline, the question that...

Insurance firms are increasingly interested in crypto

New LUNA token regains momentum after listing on the crypto exchange Binance

Some crypto investors made huge profits by closing their positions way before LUNA’s crash

Insights

Crypto market downturn could help weed out bad actors and unsustainable projects Mon, 27 Jun 2022, 21:08 pm UTC

The recent crypto market decline brought the prices of most tokens such as Bitcoin (BTC) and Ether (ETH) to their lowest levels this year. While billions of dollars were wiped out, especially with the collapse of the Terra...