Category : Cryptocoins News

Cryptocoins News

Revenue for United States-based Coinbase Exchange Beats Expectations for 4th quarter

Coinbase exceeded Wall Street profit projections in Q4 2022 despite a drop in exchange transaction volumes. (Read More)

Team behind Friendsies NFT project refutes claims

NFTs Friendsies denies departing NFT after being called a "hard rug." (Read More)

Solana Spaces to Close Down Stores

Solana Spaces shuttered its two Solana-themed retail outlets in New York and Miami after seven months, citing a shift in investment emphasis. (Read More)

NFTs belonging to bankrupt hedge fund to be sold by liquidators

The liquidators said the "Starry Night Portfolio" of NFTs would not be sold. (Read More)

Galaxy Digital Invests $44 Million Into Institutional Cryptocurrency

Galaxy Digital invests $44 million in institutional bitcoin custody platform GK8 to integrate its asset storage and management capabilities. (Read More)

Binance Australia Derivatives starts closing certain positions and accounts

Binance Australia Derivatives are for wholesale investors exclusively, according to a separate notification. (Read More)

Coinbase Announces Launch of Ethereum Layer-2 Network

Coinbase will gradually decentralize the chain but not create a new network coin. (Read More)

Coordinated global crypto policies: G20 key financial stability priority

India’s finance minister called for a coordinated effort “for building and understanding of the macro-financial implications,” which could be used to build global crypto reforms....

Whale sells 1,010 NFTs in 48 hours in ‘largest NFT dump ever’

With the Blur marketplace set for a second airdrop soon, Nansen’s Andrew Thurman theorized that this major NFT dump could be a play to reap extra BLUR token rewards while also booking som...

Jump Crypto & Oasis.app counter exploits Wormhole hacker for $225M

The asset retreival came after the High Court of England and Wales ordered Oasis.app to work with Jump Crypto to retrieve the stolen funds. Web3 infrastructure firm...

Jump Crypto and Oasis.app ‘counter exploits’ Wormhole hacker for $225M

The asset retrieval came after the High Court of England and Wales ordered Oasis.app to work with Jump Crypto to recover the stolen funds. Web3 infrastructure firm Jum...

The Impact of CBDCs on the Banking Industry

<p>Central Bank Digital Currencies (CBDCs) are digital representations of a country's fiat currency issued and backed by the central bank. CBDCs are intended to be a more efficient and secure form of payment, and they have the potential to...

Sam Bankman-Fried's lawyers request extension for bail condition proposal

According to the legal team representing Sam Bankman-Fried, prosecutors had no objections to continuing his bail conditions until the firm could choose a suitable technical expert....

Bitcoin on-chain data highlights key similarities between the 2019 and 2023 BTC price rally

Reviewing Bitcoin data from the 2019 bull market offers valuable insights into BTC’s current support levels and upside price targets. Bitcoin’s (BTC) recent price rall...

IMF offers Jordan’s central bank recommendations for implementing retail CBDC

The IMF mission spent three months studying conditions in the country, which is preparing to produce a feasibility report. The Central Bank of Jordan is closer to its...

Change lies ahead for haphazard crypto regulation

Regulators have been slow to act on cryptocurrency, according to Jonathan Reichental, and they’ve often missed the mark. Hopefully, their approach will evolve in the years ahead....

Yield platform Stablegains sued for promoting UST: Finance Redefined

DeFi market saw another exploit this past week on the Platypus protocol, resulting in a loss of over $8 million. Welcome to Finance Redefined, your weekly dose of esse...

DeFi Lending Protocol Venus To Start Accepting Floki As Collateral

BNB Chain’s Venus Protocol has announced a partnership with Floki.& Venus will integrate Floki in their isolated markets allowing users to pledge FLOKI tokens as collateral.FLOKI surged more than 2.5% following the announcement of the partnershi...

DeFi ‘fragility’ causes and cures explored in highly technical Bank of Canada study

Researchers affiliated with Canada’s central bank identified weak points in DeFi lending protocols and reported on the potential they saw for mitigating them. The Bank...

Polkadot price prediction: DOT ahead of ETHDenver 2023

Polkadot joins the ETHDenver BUIDLing event on 28 February. DOT price is down on Friday as broader markets fall following US PCE data. The technical outlook for DOT price suggests bulls need to hold above $6.35 or bears could take control. Polkadot...

Crypto Biz: Coinbase has a lot at stake

Coinbase says its staking product offerings are different than Kraken's, which came under SEC scrutiny and resulted in a $30 million fine. Crypto assets made their wa...

Recycle-to-earn, a new frontier for blockchain technology toward ESG goals

Circularr won the European Blockchain Convention’s award for blockchain startup of the year for its pitch focused on recycling with blockchain. “Recycle-to-earn”: This...

Price analysis 2/24: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB

Strong inflation data has pulled Bitcoin and select altcoins below their immediate support levels, signaling a few days of corrective action. Bitcoin is struggling to...

FDIC-insured Citizens Trust Bank to hold $65M in USDC reserves

The Atlanta, Georgia-based bank joined the Federal Reserve System in 1947 and is classified as a minority-owned depository institution. Citizens Trust Bank, a financia...

Meta Joins AI Race With AI Language Model LLaMA

Meta has joined fellow tech giants in the AI space by introducing LLaMA, its artificial intelligence language model. CEO Mark Zuckerberg unveiled the AI product on Facebook and Instagram earlier today. AI has been a hot space in the tech industry la...

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