Category : Cryptocoins News

Cryptocoins News

What is the Bitcoin hash rate? And why is at all-time highs?

Key Takeaways The Bitcoin hash rate is the amount of computing power contributed towards mining It has continued to take new all-time highs This squeezes miners’ profitability, at a time when electricity costs have risen and the Bitcoin price...

Several upgrades coming to Fantom: FTM price up 52% in 7 days

The price of the Fantom token, FTM, has risen by 5.9% today. Its price has risen by more than 52% in the last week. The Fantom ecosystem is preparing for a number of upgrades in the coming days. Fantom (FTM) price is leading the current crypto mark...

The White House is continuing to develop its National Digital Assets Research and Development

The White House wants advice on its National Digital Assets Research and Development Agenda. The agenda "shapes a whole-of-government effort" to build digital assets and distributed ledger technologies. The president's digital asset executive order p...

Tesla refuses to sell any more Bitcoin

Tesla kept its Bitcoin for the second half of 2022 after selling 75% in the second quarter. As Bitcoin's price fell, the firm's financials reveal it didn't buy or sell Bitcoin in Q2 or Q3. (Read More)

State senator pushes bill to make Bitcoin legal tender in Arizona

The state senator also introduced a similar bill to make Bitcoin legal tender in 2022 but did not succeed. Wendy Rogers, an Arizona state senator in the United States,...

Circle Spokesperson Denies Blaming SEC for Failed $9 billion deal

Circle denies blaming the SEC for its December $9 billion failed IPO. Circle's representative said any contradictory assertions are "inconsistent" with past declarations. (Read More)

Kevin Rose, co-founder of Moonbirds, falls victim to phishing attack

Moonbirds co-founder Kevin Rose. He lost about $1.1 million in NFTs to a phishing fraud. (Read More)

Creditors owed money by FTX

FTX lawyers submitted its creditor matrix to the U.S. Bankruptcy Court on Jan. 25. The 115-page document lists creditors alphabetically. Airlines, hotels, charities, banks, venture capitalists, and media are creditors. (Read More)

Elizabeth Warren Wants SEC to Double Down on Crypto Enforcement

Warren wants the SEC to "double down" on crypto enforcement. The U.S. senator said that the previous SEC administration "basically gave the green light" to a cryptocurrency market "full with trash tokens". (Read More)

Mango Labs Sues Avraham Eisenberg for $47 Million

Mango Labs, the firm behind Mango Markets, has sued exploiter Avraham Eisenberg. The Jan. 25 complaint says Einseberg misused its platform for millions of dollars in cryptocurrency in 2022. (Read More)

OpenSea NFT Marketplace Faces Legal Action for Alleged Lack of Security

An NFT collector is suing OpenSea. After being phished, the investor alleges he was locked out for almost three months. $500,000. Theft is a major environment concern. NFT launched a stolen goods policy on Aug. 11, 2022. OpenSea failed to aid several...

U.S. Federal prosecutors allege that Sam Bankman-Fried has used money from FTX exchange to invest in the VC

SBF contributed $400 million in Modulo Capital. Prosecutors believe Modulo investment was made using stolen or illegal funds. (Read More)

Tether and INHOPE Join Forces to Fight Child Abuse Material Online

The cooperation intends to combat the unlawful use of cryptocurrency to finance child abuse content on the dark web and in personless online marketplaces like INHOPE. (Read More)

What is an ascending triangle pattern and how to trade it?

Ascending triangle patterns are one of the most popular chart indicators traders use, but it does not always mean the price will rally. Market analysts rely on many te...

US institutions account for 85% of Bitcoin buying in 'very positive sign' — Matrixport

Matrixport’s head of research and strategy suggests the industry will soon see layer 1 and other altcoins outperforming relative to Bitcoin. Institutional investors a...

Aptos: The Cryptocurrency That Has Taken the Market by Storm

Why Is Aptos Growing in January 2023? Aptos (APT) has been making headlines in the crypto space over the last week. The coin has rallied over 300% in just a few days, surpassing popular coins such as Solana (SOL), Ethereum (ETH), and even Bitcoin...

US securities regulator probes Wall Street over crypto custody: Report

According to sources, the regulator has been probing registered investment advisers over how they’ve offered crypto custody to their clients. The United States Securit...

Argo Blockchain accused of misleading investors in class action lawsuit

After a torrid 2022 that saw it sell off its flagship mining facility, Argo Blockchain’s woes are worsening after a recent class-action suit. Investors of crypto minin...

Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court

The lawsuit escalates a months-long dispute between the crypto miner and one of its energy suppliers in Canada. Canada-based Bitcoin (BTC) miner Hut 8 Mining Corporati...

Congressman Hill to 'make sure' US is the place for blockchain innovation

The chair of the Financial Services Subcommittee on Digital Assets wants to make America the place for fintech and blockchain innovation. The chairman of the newly for...

Leaked bids: Binance, Galaxy Digital among secret bidders for Celsius assets

Crypto blogger Tiffany Fong has shared documents she claims to have obtained in late December detailing several bids for Celsius’ crypto assets. At least five firms pl...

UK's FCA hints at why its given only 15% of crypto firms the regulatory nod

The UK financial watchdog has received 300 crypto firm registration applications but has approved only 41 applicants. Despite the plans to turn the region into a bustl...

UK’s FCA hints at why it’s only given 15% of crypto firms the regulatory nod