[Mar 20, 2023 12:00 PM] Taiwan has announced its plans to regulate its crypto industry through the Financial Supervision and Administration Committee (FSC) or the newly established Ministry of Digital Affairs (MODA). Taiwan’s Crypto Legislation Taiwan plans to…
[Mar 20, 2023 8:30 AM] One of the challenges of the crypto industry is cybercrime. These nefarious activities come in diverse strategies such as network hacks, phishing, exploits, etc. 2022 was one of the worst years for the industry as many projects and DeFi protocols…
[Mar 20, 2023 7:18 AM] The value of Ethereum has been causing unease among investors due to the growing possibility of a decline in price. As Ethereum continues to experience fluctuations in value, investors are closely monitoring the situation to determine whether they…
[Mar 20, 2023 6:30 AM] Ray Youssef, the founder of Paxful, a peer-to-peer (P2P) cryptocurrency exchange, now claims he has lost five bank accounts. Ray Youssef Losses Five Bank Accounts In a tweet on March 20, Ray added that his close friends are also targeted and barred…
[Mar 20, 2023 5:30 AM] The Roman Catholic Archdiocese of Washington, DC, has announced intentions to expand its ministry and support 139 parishes and regional initiatives for the needy by accepting crypto donations. Roman Catholic Archdiocese of Washington Partners With…
[Mar 20, 2023 1:59 AM] Bitcoin price is proving its resilience as the world’s most popular cryptocurrency surges past the $28,000 level today, gaining 3% in the last 24 hours alone. March saw the start of the anticipated leg of an uptrend that pushed BTC to…
[Mar 19, 2023 6:44 AM] Credit Suisse Group, a global investment bank based in Switzerland, is struggling to survive. However, despite rumors, BlackRock says it has no interest in participating in any plans to acquire the bank. Credit Suisse Is Under Pressure Credit…
[Mar 19, 2023 5:28 AM] Although Bitcoin has recovered well this week, other coins like Conflux are doing better. At the time of writing, CFX has ballooned to a commanding 167% in the last seven days, according to data from CoinMarketCap. This makes it the best-performing…
[Mar 18, 2023 11:16 PM] The recent Euler Finance exploit is the largest attack in the crypto space in 2023. The incident occurred through a flash loan attack that led to the loss of almost $200 million in crypto assets. The hacker eventually transferred the stolen funds…
[Mar 17, 2023 5:00 PM] According to real-time app data provider Apptopia, the top 10 crypto applications for exchanges and self-custody wallets have risen by about 15% since Silicon Valley Bank (SVB) and two other lenders fell last week. Bank App Demand Drops The recent…
[Mar 17, 2023 3:00 PM] Binance, the popular crypto exchange, decided to delist Helium (HNT). The crypto token HNT powers the Helium network, a decentralized blockchain for internet of things (IoT) devices. It enables the communication between the devices sending data…
[Mar 17, 2023 2:31 AM] The Shibarium network upgrade – an upcoming blockchain network that will be integrated into the Shiba Inu coin – has been generating buzz since the release of PuppyNet, the ecosystem’s beta test of the upcoming upgrade. This would give…
[Mar 16, 2023 2:38 PM] Although Bitcoin is far and away the most popular cryptocurrency, there are other digital currencies like Conflux (CFX) that are doing rather well. In order to achieve even greater levels of success than its rivals, Conflux is constantly innovating…
[Mar 16, 2023 4:40 AM] The United States Federal Reserve (Fed) will launch the FedNow service in July 2023, according to an announcement on March 15. FedNow Launching In July FedNow is a service that allows banks to transfer funds speedily across the broader financial…
[Mar 15, 2023 1:28 PM] Despite recent negative developments in the crypto market, the sentiment seemed to be somehow bullish as Tether, its stablecoin and some major cryptos show resilience in the past couple of days. The collapse of major banks has significantly…
[Mar 15, 2023 9:00 AM] Crypto.ro, Romania’s foremost media company covering cryptocurrency and blockchain, just announced the upcoming conference “The Alliance” in Timișoara, set to take place on September 21, 2023. The event will be held at the…
[Mar 15, 2023 2:48 AM] Cathie Wood, the founder of ARK Invest, an American investment management firm that invests in disruptive technologies, including exposure to cryptocurrencies, thinks the current banking crisis in the United States was inevitable. The U.S. Banking…
[Mar 14, 2023 11:00 AM] The United States Federal Reserve (Fed) is sitting on a $1.2 trillion loss on its $8.3 trillion bond portfolio. Is The FED Failing? Out of their bond portfolio, the United States central bank is losing money by paying commercial banks via reverse…
[Mar 14, 2023 10:00 AM] Kava network’s governance token, KAVA, has registered massive gains amid the ongoing market-wide rally. The token has risen drastically, even when most coins surrendered to the just-faded bearish trend. KAVA has outperformed most top coins…
[Mar 14, 2023 9:00 AM] Stacks (STX) is among the coins that registered impressive gains this year, with over 168% monthly gains. It was among the cryptos that maintained their gains on various days of extreme bearish trends. However, as of last week, STX recorded…
[Mar 14, 2023 7:00 AM] The award-winning PrimeXBT smartphone app is one of the most popular trading apps available to download on Android and iPhone, especially for cryptocurrency traders who require an around-the-clock, always-on connection to global markets. Here is…
[Mar 14, 2023 4:10 AM] Barney Frank, the director of Signature bank and a former congressman who helped draft the Dodd-Frank Act, has stated that the lender is solvent and that there was “no real objective reason” for the bank to be closed. He said regulators…
[Mar 14, 2023 3:08 AM] The Bitcoin price has increased over the past week as a result of the escalating banking crisis in the United States and the federal government’s efforts to mitigate its effects. Bitcoin (BTC) was able to breach the $24,000 barrier on…
[Mar 14, 2023 1:14 AM] The price of Conflux (CFX) increased for the second consecutive day as cryptocurrencies rebounded amid the ongoing crisis hounding the banking sector. Binance reports that CFX is the top-performing cryptocurrency on Monday. CFX achieved a peak of…
[Mar 13, 2023 2:00 PM] In a now-deleted tweet on March 12, Binance CEO, Changpeng Zhao, spoke on the failure of Silicon Valley Bank (SVB) and the U.S. government’s subsequent bailout of depositors. In the tweet, Zhao said the government doesn’t want to get…
[Mar 13, 2023 1:30 PM] On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded near parity with the U.S. dollar, and several…
[Mar 13, 2023 12:30 PM] MakerDAO, the protocol behind the decentralized stablecoin DAI, intervened and saved its stablecoin from de-pegging following the collapse of Silicon Valley Bank (SVB). The failure of the tech lender significantly affected Circle’s…
[Mar 13, 2023 9:30 AM] The crypto market has been painted green today, with many cryptocurrencies trading at massive 24-hour gains. It appears that last week’s bears have given way to the bulls. But as analyst McGlone predicted, the February CPI data release will…
[Mar 13, 2023 6:40 AM] The crypto industry has seen a series of closures among the banks lately. First, Silvergate Capital Corporation closed shop, announcing that it would liquidate its bank. Then Silicon Valley bank followed suit, recording a massive decline in its…
[Mar 13, 2023 4:24 AM] USDC and other cryptocurrencies were having a rough trading session Monday following an announcement from U.S. authorities outlining measures to minimize the impact of the collapse of Silicon Valley Bank. Concerns regarding Circle’s $3.3…
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