Category : Cryptocoins News

Cryptocoins News

Here’s why Alchemy Pay (ACH) price surged to a July high

Alchemy Pay surged to the highest point since July 2022. Twitter is looking to build a payment platform with crypto features. Alchemy Pay’s (ACH) price surged to the highest point since July 2022 as the small-cap token continued its recov...

Binance shuts down accounts in relation to Bitzlato investigation

The U.S. Department of Justice announced action against Binance, which blocked accounts due to the Bitzlato probe. (Read More)

Charity Commission investigating Effective Ventures Foundation over ties to FTX

The Charity Commission for England and Wales began the probe because crypto exchange FTX is a "major sponsor" of Effective Ventures Foundation. (Read More)

Digital Asset Investments Surge to $117 Million

Last week, digital asset investment products experienced record inflows and volumes. (Read More)

Crypto markets rallying but damage remains severe

Key Takeaways Bitcoin is up close to 50% from its lows, but is still down over two-thirds from all-time highs Some on-chain metrics show how much the rally pales in comparison to the prior fall& Positive news from the industry remains few and f...

SEC settles on security claim in LBRY case; community calls it a big win for crypto

The SEC was hoping to seek affirmation on an ambiguous injunction after scoring a victory during a hearing in November 2022, but judges made it clear that the judgment was only for the di...

Here’s how to prevent NFT theft, according to industry professionals

Professionals working in the Web3 space highlighted various tools and best practices to protect NFTs from hackers and scammers. As nonfungible tokens (NFTs) attract m...

Hong Kong will not tolerate algorithmic stablecoins in new regulation

The new regulatory regime for stablecoins in Hong Kong should arrive no later than 2024. In the key principles of its upcoming regulatory framework, the Hong Kong Mone...

Here’s how Kazakhstan aims to enhance its legacy crypto trading framework

The Astana Financial Services Authority, a Kazakh regulator, pointed out that the existing framework dates back to 2018 while proposing certain enhancements. Kazakhsta...

Bitcoin sees most long liquidations of 2023 as BTC price tags $22.5K

BTC price downside volatility sees $46 million of long Bitcoin positions evaporate in a single day before the monthly close. Bitcoin (BTC) swapped bullish gains for ch...

Premier League gets Ethereum-based digital cards with Sorare partnership

Sorare seals partnership with the English Premier League to issue Ethereum-based digital player cards for its popular fantasy sports platform. Blockchain-powered fant...

3 events to move the cryptocurrency market by Friday

Bitcoin consolidates ahead of key US dollar data All eyes are on the Federal Reserve January jobs report to offer more clues about a possible recession in the United States Bitcoin hovers around $23k after rallying in January. It currently consoli...

Crypto firms cut nearly 3,000 jobs in January despite Bitcoin’s rise

It was a tough month for crypto employees, with at least 14 firms announcing staff reductions, including Coinbase, Gemini, Digital Currency Group, ConsenSys and Blockchain.com....

BlockFi gets court nod to sell crypto mining assets

BlockFi reportedly wants to get bids in as quickly as possible, to make the most of the current market conditions. Bankrupt crypto lender BlockFi has been granted cou...

Crypto wallets combat scammers with transaction previews and blocklists

New features aimed at protecting users come amid recent crypto thefts and phishing attacks targeted at well-known crypto executives and influencers. United States-base...

Mastercard, Binance to launch their second prepaid crypto card in Latin America

The Binance Card will let Brazilians make purchases in crypto, with real-time conversion from 14 crypto assets to fiat at the point of sale Credit card giant Mastercar...

Millionaires flock to crypto: 82% sought investment advice in 2022

A recent study from deVere Group found roughly four out of every five of their high-net-worth clients had asked their financial advisers about adding crypto to their portfolios....

FTX sister company Alameda Research sues Voyager Digital for $446M

FTX lawyers claim that Voyager Digital was complicit in its own collapse by “knowingly or recklessly” channeling customer funds to Alameda. Embattled crypto investment...

China's Hainan to boost NFT oversight as digital yuan trial ramps

Hainan’s market regulator wants to promote nonfungible tokens as part of the digital economy, but will actively work to weed out bad actors and speculative behavior. A...

Elon Musk wants Twitter payments system built with crypto in mind

Twitter’s upcoming payments tool will initially support only fiat currencies, but Elon Musk wants it built to potentially support crypto in the future. Twitter chief E...

Sam Bankman-Fried's $250M bail guarantors to be made public, says judge

A Jan. 30 ruling could see the identities of the two individuals who signed on as sureties for Sam Bankman-Fried’s $250 million bond become public, subject to appeal....

SBF’s $250M bail guarantors should be made public, rules judge