Category : Cryptocoins News

Cryptocoins News

Bitcoin price eyes $23K despite US dollar strength hitting 6-week high

The U.S. Dollar Index (DXY) is gaining ground more rapidly than Bitcoin after fresh economic data surprises from Washington. Bitcoin (BTC) hit its highest in almost a...

FTX bankruptcy judge denies US trustee’s motion to appoint independent examiner

The U.S. trustee made arguments including that an examiner was necessary to scrutinize the use of software to conceal FTX’s alleged misuse of customer funds. Judge Joh...

FTX Seeks To Clawback SBF’s $400 Million Sitting In JPMorgan Chase

FTX’s lawyers are negotiating to reclaim $400 million parked in an account at JP Morgan Chase.& Sam Bankman-Fried had invested this money into a hedge fund called Modulo Capital.& Modulo’s founders are looking to free themselves of legal lia...

Metacade (MCADE)’s Price Explodes As Ripple (XRP) Price Predictions Falter

It’s no secret that Ripple has been under pressure over recent years. While some have made bold predictions for XRP to soar in the coming months, more realistic assessments suggest that its performance may not meet those expectations. In this a...

What are the applications of NFTs in supply chains?

PFP NFTs have seen a lot of adoption over the years. Can NFTs be valuable in real-world scenarios and address pain points with supply chains? What are the real-world c...

Can you trust crypto exchanges after the collapse of FTX?

On Oct. 25, 2022 — about two weeks before the collapse of the world’s third-largest cryptocurrency exchange, FTX — prominent DeFi architect Andre Cronje published a foreboding article wit...

Celsius Creditors File Motion To Recover Millions From Former CEO Alex Mashinsky

Summary: The Official Committee of Unsecured Creditors for Celsius hopes to recover millions from Alex Mashinsky, former CEO of the bankrupt crypto lender.Creditors also filed a motion to recover funds from co-founders Shlomi Daniel Leon, Hanoch...

Angel investors vs. venture capitalists

Angel investors are seed-stage financiers who offer mentorship to nascent businesses for equity, while venture capitalists inject substantial capital into later-stage firms....

Korean e-commerce exec accused of accepting LUNA for shilling Terra Labs

The former CEO of Tmon, an e-commerce platform, has allegedly earned billions of South Korean won after selling the LUNA tokens he had received from Terra co-founder Shin Hyun-Seong for p...

China Telecom and Conflux Network to pilot Blockchain enabled SIM card in Hong Kong

Toronto, Canada, 15th February, 2023, Chainwire Today China Telecom and Conflux Network announce a partnership to bring Blockchain SIM cards (BSIM) to market. The entry-level Web3 product will be the largest blockchain hardware product ever seen glob...

Education is key to financial freedom, says Bitcoin advocate Najah Roberts

The Agenda podcast discusses the importance of financial literacy and education in Part 2 of a conversation with BTC advocate and entrepreneur Najah Roberts. Can Bitco...

EU Launches Blockchain Regulatory Sandbox for DLT Development

<p>The <a href="https://www.financemagnates.com/tag/european-commission/" target="_blank" rel="follow">European Commission</a> (EC), a cabinet government and the executive body of the European Union (EU...

Litecoin price is ripe for a 40% jump – technical analysis

Litecoin price has been in a strong bullish trend this week. The daily chart analysis points to a 40% jump. Litecoin price has made a strong comeback after the strong American consumer inflation data. LTC/USD jumped to a high of 97.56, the high...

El Salvador to open a ‘Bitcoin Embassy’ in the United States

After debuting a Bitcoin Embassy in Switzerland’s city of Lugano, El Salvador continues expanding its BTC strategy with a new partnership with Texas. The world’s bigge...

3 reasons why Binance’s BNB token risks sliding further by March

A slew of technical, fundamental and on-chain indicators hint at more pain for BNB’s price in February. On Feb. 13, BNB (BNB) recorded its worst daily performance sin...

FTX Subpoenaed Founder And Inner Circle, Bankrupt Exchange Demands Company Records

Summary: FTX Founder Sam Bankman-Fried was subpoenaed along with other company execs like former Alameda CEO Caroline Ellison and ex-engineering chief Nishad Singh. Bankman-Fried’s father was also served a court notice over real estate pro...

What does BUSD shutting down mean for the crypto industry? A deep dive

Key Takeaways The SEC is suing Paxos, the issuer of Binance’s stablecoin, BUSD The stablecoin is to be phased out, with no new tokens minted& Over $1 billion has been redeemed in the three days since the announcement BUSD is responsible f...

83% confess attraction to crypto fanatics on Valentine's Day survey

A Valentine’s Day survey by Binance suggests that interest in cryptocurrencies could be a key factor in attracting a partner. Showing an interest in cryptocurrencies m...

Integration With Ramp: Buy Crypto With More Payment Methods & Countries

We’re excited to introduce CoinStats’ new integration with our on-ramp partner Ramp, which will provide the best coverage of payment methods, assets, and countries and give you zero fees when buying crypto with fiat. The great news is you can buy cr...

IMF wants El Salvador to reconsider Bitcoin exposure: Community reaction

One community member interpreted the IMF’s move as a way to “scare other countries away” from adopting Bitcoin as a legal tender. After a visit to El Salvador, the Int...

South Korea to examine crypto staking services following the Kraken case

No details on the timeline and methods of the examination were provided, but reportedly it would be conducted moderately as no wrongdoings have been registered in the country....

FLOKI, DOGE and SHIB price soars after Musk tweeted photo of his dog

Elon Musk has made several tweets of a dog seated on his CEO seat. There has been anxiety around the broader crypto community that Twitter will add crypto. Following the tweets, all dog-themed tokens are on the rise. A majority of meme coins are so...

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