News

  • Bitcoin News - 12 August 2022, 11:00 am

    PRESS RELEASE. Seychelles, August 2022 – Bitflex Ltd., a secure crypto trading exchange currently specializing in crypto derivatives, has announced the launch of a new trading competition with a prize pool of $15,000. From August 5 to September 9, new and existing users on the Bitflex platform can participate in the event for a chance…Read More

  • Bitcoin News - 12 August 2022, 10:30 am

    The number of people working in the blockchain industry went up by 76% year-on-year as of June 2022, a study undertaken by the professional networking platform Linkedin and the crypto trading app OKX has found. The study also found there is “a large gap in demand for technical talent in the global blockchain talent pool.”…Read More

  • Cointelegraph.com News - 12 August 2022, 10:00 am

    The integration with Paxos marks the first move for PicPay to introduce its 30 million customers to digital assets and help them understand Bitcoin. Major Brazilian payment application PicPay is moving into cryptocurrencies by integrating a crypto exchange service allowing users to buy Bitcoin (BTC) and Ether (ETH).The firm officially announced on Wednesday that PicPay…Read More

  • Cointelegraph.com News - 12 August 2022, 9:50 am

    Ripple’s new Value Report on enterprise crypto and blockchain highlights NFT, blockchain and CBDC utility in business settings. A whopping 76% of surveyed financial institutions plan on using crypto within the next three years, according to the report. Ripple’s new report highlights trends in the adoption and utilization of emerging technologies like crypto and blockchain in…Read More

  • Bitcoin News - 12 August 2022, 8:30 am

    Mercado Libre, one of the biggest retailers in Latam, has announced that it plans to expand its cryptocurrency trading services to more countries in the region. The company, whose cryptocurrency services are now just available for customers in Brazil through Mercado Pago, its payments and digital wallet, already has more than 1 million customers using…Read More

  • Cointelegraph.com News - 12 August 2022, 8:00 am

    Binance recovered and froze around $450,000 worth of the stolen assets, which is around 80 percent of the stolen funds. Crypto exchange Binance has recovered a big part of the funds from the recent hack that targeted the decentralized finance (DeFi) protocol Curve Finance. In a tweet, Binance CEO Changpeng Zhao announced that the exchange has…Read More

  • Bitcoin News - 12 August 2022, 6:30 am

    Picpay, a payments and wallet app, is now providing cryptocurrency services to more than 30 million users in Brazil. The company, that had announced this rollout last month, now allows its customers to purchase, hold, and sell digital assets from its platform. The organization partnered with Paxos, the issuer of the pax dollars stablecoin, in…Read More

  • Cointelegraph.com News - 12 August 2022, 6:00 am

    Coinbase’s new institutional-focused staking product won’t be a “near-term phenomenon” while liquid staking is still being worked out. Institutional staking of crypto assets, including the post-Merge Ethereum, could become a “phenomenon” in the future, but not while their assets still need to be “locked up.”Speaking during a Q2 earnings call on Tuesday, chief financial officer…Read More

  • Cointelegraph.com News - 12 August 2022, 5:51 am

    It's not just ETH price that stands to benefit from Ethereum's move to proof-of-stake in September. After years of waiting, Ethereum is finally prepared to become a full-fledged proof-of-stake (PoS) blockchain. Besides Ethereum's native token Ether (ETH), the valuation of several other tokens have not only benefited greatly, but could also keep outperforming ETH after the…Read More

  • Cointelegraph.com News - 12 August 2022, 5:45 am

    Australia’s financial services regulator sees the rise in crypto investment during the COVID-19 pandemic as a cause for concern, especially among young and new investors. The chief of Australia’s financial services regulator Joe Longo has raised the alarm over the sheer amount of people that invested in “unregulated, volatile” crypto assets during the pandemic. Longo, chairman…Read More

  • Bitcoin News - 12 August 2022, 4:30 am

    This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create 130 full-time jobs in the United States. The chief operating officer at Genesis, Andrey Kim, said the firm has been pleased with “the pace” of the bitcoin mining company’s U.S.…Read More

  • Cointelegraph.com News - 12 August 2022, 4:23 am

    While Bitcoin and Ether prices may have climbed lately, Bitcoin mining companies have been absolutely pumping. Crypto mining companies have seen their stock prices increase as much as 120% over the last month, amid rebounding crypto asset prices, higher mining profitability and sharp increases in Bitcoin (BTC) production.Crypto mining companies Marathon Digital Holdings at 124.12%,…Read More

  • Cointelegraph.com News - 12 August 2022, 2:43 am

    Ethereum’s transition to proof-of-stake is inching ever closer after developers agreed to a tentative date for the mainnet Merge. The Ethereum Merge may be coming sooner than planned, after core developers announced a tentative Merge date of Sept. 15, which will see the blockchain transition to proof-of-stake (PoS).The Ethereum mainnet Merge date came into view…Read More

  • Cointelegraph.com News - 12 August 2022, 2:36 am

    In light of the recent Tornado Cash and frozen USDC addresses debacle, MakerDAO founder Rune Christensen is hoping to move DAI’s collateralization away from USDC. MakerDAO founder Rune Christensen has urged members of the decentralized autonomous organization (DAO) to “seriously consider” preparing for the depeg of its Dai (DAI) stablecoin from the United States dollar.…Read More

  • Bitcoin News - 12 August 2022, 2:30 am

    Crypto exchange Hotbit has announced the suspension of trading, deposits, withdrawals, and funding on its platform. The exchange said law enforcement has frozen some of its funds and subpoenaed some senior managers as they investigate a criminal case involving the exchange’s former employee. Hotbit Suspends Trading, Deposits, Withdrawals Cryptocurrency exchange Hotbit announced the suspension…Read More

  • Bitcoin News - 12 August 2022, 12:30 am

    The world’s largest asset manager, Blackrock, has launched a spot bitcoin private trust. “Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some institutional clients,” said Blackrock. Blackrock Launches Bitcoin Trust Blackrock, the world’s largest asset manager, has launched “Blackrock bitcoin private trust.” According to a Thursday…Read More

  • Bitcoin News - 11 August 2022, 10:30 pm

    Authorities in Uzbekistan are restricting access to online crypto trading platforms based outside the country and not registered under its laws. A presidential decree obliges citizens and local companies to only use digital asset exchanges licensed by the government of the Central Asian nation. Uzbekistan Takes Steps to Prevent Crypto Trading and Custody on Foreign…Read More

  • Cointelegraph.com News - 11 August 2022, 9:45 pm

    Users report that their sessions were disconnected when trying to interact with Oasis with allegedly high-risk wallets. According to a new community Discord post on Thursday, decentralized finance (DeFi) platform Oasis.app says that sanctioned addresses will no longer be able to access the application. As a result of the change to the terms of service,…Read More

  • Cointelegraph.com News - 11 August 2022, 9:33 pm

    The UN organization is urging countries with emerging economies to implement regulation to head off the potentially destabilizing influence of cryptocurrency. The United Nations Conference on Trade and Development (UNCTAD) released a policy brief Wednesday on cryptocurrency. It is the third brief in a row the agency has dedicated to crypto. Together, they represent a…Read More

  • Cointelegraph.com News - 11 August 2022, 9:00 pm

    It's been more than a year, but investors continue to make allegations against Robinhood following the January 2021 controversy around trading GameStop and AMC stocks. Cryptocurrency and stock trading platform Robinhood will allegedly face allegations of market manipulation as part of a class-action lawsuit brought by investors in “meme stocks” from nine different companies during…Read More

  • Cointelegraph.com News - 11 August 2022, 8:30 pm

    With liquidity drying up in the wake of CeFi contagion, borrowers are turning to decentralized finance for their credit needs. Netherlands-based crypto investment firm Maven 11 has launched its third lending pool on Maple Finance, giving borrowers access to liquidity amid the bear market.The $30 million pool financed by institutional lenders will be utilized by…Read More

  • Bitcoin News - 11 August 2022, 8:30 pm

    Amid the Covid-19 pandemic in 2020, the world’s bureaucrats, financial institutions, multinational corporations, and international organizations started promoting the Great Reset concept, an idea launched by the World Economic Forum (WEF) that claims to bolster a greener and fairer world. Since the Great Reset idea started seeing a lot more promotion that year and well…Read More

  • Cointelegraph.com News - 11 August 2022, 8:00 pm

    Cryptocurrency security firms, decentralized finance and cross-chain platforms are stressing the importance of improved defense mechanisms after a spate of hacks and exploits targeting the ecosystem. 2022 has been a lucrative year for hackers preying on the nascent Web3 and decentralized finance (DeFi) spaces, with more than $2 billion worth of cryptocurrency fleeced in several…Read More

  • Cointelegraph.com News - 11 August 2022, 7:55 pm

    Backwardation in Ethereum futures shows traders expect ETH to surge, and everyone wants the “free” proof-of-work hard-fork coins, but investors should also keep an eye on the bears. Ether’s (ETH) impressive 85% gain in the past 30 days has surprised even the most bullish investors, and it makes the $800 range seen in mid-July seem…Read More

  • Cointelegraph.com News - 11 August 2022, 7:15 pm

    Solana released its first “Validator Health Report” post-wallet hack, which reveals 3,400 validators across six different continents. Solana released its first-ever, “Validator Health Report” which revealed information on its network operators. According to the report the network has over 1,900 block-producing nodes with nearly 1,688 (88.14%) of those run by independent entities. Solana says the health…Read More

  • Bitcoin News - 11 August 2022, 6:30 pm

    Following the successful implementation of The Merge into Ethereum’s Goerli testnet, Ethereum developers confirmed during a Consensus Layer Call livestream that the highly anticipated proof-of-stake (PoS) upgrade is coming this next month on or around September 15th to the 16th. After the Ethereum network’s Total Terminal Difficulty (TTD) hits 58750000000000000000000, the chain will fully transition…Read More

  • Cointelegraph.com News - 11 August 2022, 6:30 pm

    India’s Enforcement Directorate, which investigates financial crime, has frozen WazirX bank accounts while it looks at transfers from instant loan companies to international wallets. India’s Enforcement Directorate (ED), the agency responsible for financial crimes, is looking at cryptocurrency exchanges suspected of processing transactions that sent more than 10 billion rupees, or about $130 million, from…Read More

  • Cointelegraph.com News - 11 August 2022, 6:00 pm

    The CPI numbers are out and they might hold a bullish signal for Bitcoin (BTC). Join us as we discuss this and other topics with Tim Warren, co-host of Coffee N Crypto, and Caleb Franzen. In this weeks episode of Market Talks we welcome senior market analyst at Cubic Analytics, Caleb Franzen.Caleb is a Senior…Read More

  • Cointelegraph.com News - 11 August 2022, 5:42 pm

    The platform said it has used compliance vendors to scan for and flag accounts potentially associated with illicit activities, including sanctions lists for many countries. Cryptocurrency derivatives trading platform dYdX said it blocked some users’ accounts with funds linked to Tornado Cash, including mistakenly suspending some that never directly engaged with the controversial mixer.In a…Read More

  • Cointelegraph.com News - 11 August 2022, 5:30 pm

    Environmental concerns plague both the crypto industry and the world at large. However, if used right, blockchain-based assets could offer some relief. Using nonfungible tokens (NFTs) as carbon credits or carbon offsets reveals an outlet for Web3 technology to foster a more environmentally friendly future.NFTs as carbon credits are a slow-rolling trend in the regenerative finance…Read More

  • Cointelegraph.com News - 11 August 2022, 4:30 pm

    The move comes one week after its partnership with Coinbase to provide institutional clients with crypto trading access. According to a blog post published on Thursday, BlackRock — the world's largest asset manager, overseeing over $10 trillion in total assets — has launched a new private spot Bitcoin (BTC) trust. The fund is only available…Read More

  • Cointelegraph.com News - 11 August 2022, 3:50 pm

    Metaverse users can reinvent themselves with a digital identity built upon avatars and digital assets, but there are challenges to consider. The Metaverse has become one of the biggest buzzwords of the year as a number of brands, companies and even countries begin to explore virtual worlds to conduct business. Even though Metaverse development is…Read More

  • Cointelegraph.com News - 11 August 2022, 3:30 pm

    The FSC will reportedly “make institutional supplements that will take a balanced approach to blockchain development, investor protection and market stability” on bills proposed. The chair of South Korea’s Financial Services Commission said the regulator plans to expedite its review of 13 bills pending in the country’s National Assembly related to digital assets.According to a…Read More

  • Cointelegraph.com News - 11 August 2022, 3:00 pm

    Crypto investors can earn interest via crypto lending by finding a cryptocurrency exchange or DApp that offers a crypto interest account. The cryptocurrency industry has offered developers and investors the opportunity to introduce new financial tools providing plentiful options to earn passive income. Simply holding crypto has offered patient investors the chance to make gains…Read More

  • Cointelegraph.com News - 11 August 2022, 2:15 pm

    The announcement is the “most bullish news” ever for long-term hodlers, one analyst argues, as Barry Silbert heralds the arrival of Wall Street. Bitcoin (BTC) continued toward $25,000 on the Aug. 11 Wall Street open amid news that the world's largest asset manager had launched a BTC product.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSilbert on…Read More