Category : Cryptocoins News

Cryptocoins News

Everlend Finance, a Solana-based decentralized finance

Solana protocol decentralises finance Closing Everlend Finance. (Read More)

Core Scientific to hand over 27K rigs to pay $38M debt

The bankrupt crypto mining firm believes that the long-term benefits outweigh the immediate loss of handing over the machines. Crypto mining firm Core Scientific made...

Kraken Closes Abu Dhabi Office

Less than a year after receiving regulatory licence to operate in Abu Dhabi's international financial hub and worldwide market, Kraken is departing. (Read More)

Local Officials Set Ambitious Targets for Digital Yuan Transactions

In 2022, the e-CNY processed $50.5 billion in municipal transactions. (Read More)

Despite the attacker borrowing 100 million BEUR

Damage estimates were $120 million. (Read More)

Prime Minister of Japan Fumio Kishida Comes Out in Support

On Feb. 1, Prime Minister Fumio Kishida addressed the House Budget Committee on DAOs, NFTs, and Web3. (Read More)

Binance re-enters South Korea with GOPAX exchange

With the new capital, Binance plans to enable customer withdrawals and interest payments for Gopax’s yield product GoFi. Major cryptocurrency exchange Binance is comi...

MicroStrategy BTC paper loss hit $1.3B but no plans to stop trading bitcoin

MicroStrategy registered $34 million in its first-ever bitcoin sale. The company registered a paper loss of over 1 billion in 2022. MicroStrategy made its first bitcoin purchase in August 2020. Despite making a paper loss of about $1.3 billion in 2...

BTC/USD price forecast following the Fed’s decision

Bitcoin moves in a tight correlation with the US dollar Investors are unsure what to make of the Fed’s decision Technical analysis favors a stronger dollar The Federal Reserve of the United States (Fed) has raised the funds rate once more th...

Why did Bitcoin price go down today? BTC traders brace for $23K retest

Bitcoin price gains take a hit from a rising U.S. dollar as excitement over the Fed’s rate hike and market commentary fades. Bitcoin (BTC) headed toward $23,000 on Feb...

Ray Dalio says Bitcoin is not the answer, the community responds

The billionaire has historically gone back and forth between having positive and negative sentiments around Bitcoin. While billionaire Ray Dalio believes that fiat i...

FTX customers warned of scammers baiting them with return of assets

Scammers have been trying to trick customers by offering them the prospective return of their assets. Bankrupt crypto exchange FTX has acknowledged a recent spate of t...

Nifty News: Bitcoin NFTs cause spicy fees, Mastercard exec tokenizes resignation letter and more

Users are posting massive files to the Bitcoin network via the Ordinals protocol, taking up block space and paying high fees to do so. Bitcoin Ordinals cause fees to s...

Australia bolsters crypto watchdogs in ‘multi-stage’ plan to fight scams

The new measures from the Australian government come as cryptocurrency scams skyrocketed 162% to $221 million in 2022. The Australian government is bolstering its mark...

Logan Paul and CryptoZoo sued in class action lawsuit

The plaintiff, known as Don Holland, has filed a lawsuit against CryptoZoo and Logan Paul, alleging his "fraudulent venture" executed a "rug pull." CryptoZoo and Logan...

Logan Paul and CryptoZoo hit with lawsuit as investors take action

Plaintiff Don Holland has filed a lawsuit against CryptoZoo and Logan Paul, alleging the YouTube influencer’s “fraudulent venture” executed a “rug pull.” CryptoZoo and...

Silvergate faces DOJ investigation over FTX and Alameda dealings: Report

The crypto bank hasn’t been accused of wrongdoing, but prosecutors want to see how deep the dealings between the crypto bank and FTX went. Crypto bank Silvergate is r...

OpenSea serves as an example of why crypto security must improve

For cryptocurrency to achieve mass adoption, breaches that can be easily prevented — like the phishing attack that resulted in OpenSea losing $1.7 million — need to end....

Indonesia targets launch of its national crypto exchange by June

Indonesia’s financial services regulator had hoped to set up the crypto exchange by the end of 2022, but this was delayed by a number of obstacles. Indonesia’s Ministr...

MicroStrategy says no plans to stop trading BTC as paper loss hits $1.3B

The company also booked a loss of $34 million on its first-ever Bitcoin sale last quarter but said it was conducted to harvest a tax loss. Software analytics company M...

Fiat is in 'jeopardy' but Bitcoin, stablecoins aren't the answer either: Ray Dalio

The hedge fund manager instead wants to see an “inflation-linked coin” be brought to the masses which would serve to ensure consumers secure their buying power. Billio...

U.S DOJ Probes Silvergate For Fraud Over FTX Dealings, Stock Drops 22%

The fraud unit of the Department of Justice has launched a probe into Silvergate Bank.& The prosecutors are looking into the bank’s dealings with FTX and Alameda Research.The bank was recently grilled by U.S. Senators for its role in the mismana...

Huawei NFTs, Toyota’s hackathon, North Korea vs. Blockchain: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. Huawei moves to trademark its NFTs According to a Jan. 28 report by Sina News, Chinese teleco...

Only 4 people controlled Tether Holdings as of 2018: Report

New York Attorney General and Commodity Futures Trading Commission probes into Tether in 2021 exposed its previously unknown ownership structure. Just four men control...

Alleged Mango Markets exploiter waives bail during hearing in federal court

A federal judge presiding over Avraham Eisenberg's criminal case has reportedly set a followup court date for Feb. 14. Lawyers representing a crypto user allegedly beh...

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