226 / 237 Relevant items tagged with #cryptocurrency
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Bitcoin Price Outlook for February
[Feb 10, 2023 12:30 PM] February has been a rollercoaster ride for cryptocurrency traders, with market volatility leading to high levels of price uncertainty. Following a strong start to the month, bitcoin prices have since plunged, resulting in a current bear run…
Russian Charged With Laundering Ransomware Proceeds in Crypto Pleads Guilty in US
[Feb 10, 2023 6:30 AM] A Russian national accused of processing cryptocurrency payments from ransomware attacks has pleaded guilty to money laundering in the United States. The man who was extradited from the Netherlands in mid-August, last year, will be sentenced in…
Argentina Mulls Inclusion of Proof-of-Solvency Requirements in Crypto Regulation
[Feb 10, 2023 3:30 AM] Regulators in Argentina are mulling the inclusion of stringent requirements in their next cryptocurrency regulatory framework. According to reports, institutions like the national securities regulator, the CNV, will be studying the inclusion of…
Bears Beware: Bitcoin To Enter “Bucking Bull” Phase
[Feb 9, 2023 5:46 PM] Bitcoin formed a historically bullish pattern when its 50-day moving average crossed above its 200-day moving average. According to an analyst from on-chain analytics firm Jarvis Labs, this pattern is known in the market as a golden cross and…
Coinbase CEO Brian Armstrong Expresses Concern Over Rumors of SEC Ban on Crypto Staking for Retail Customers
[Feb 9, 2023 11:30 AM] Brian Armstrong, CEO of Coinbase, expressed concern about rumors that the U.S. Securities and Exchange Commission (SEC) may eliminate cryptocurrency staking for retail customers in the United States. Armstrong insisted that “staking is not a…
Bitzlato Co-Founder Anton Shkurenko Arrested in Russia, Report
[Feb 9, 2023 3:30 AM] Russian authorities have reportedly arrested the second co-founder of seized cryptocurrency exchange Bitzlato. The man, who recently promised to restore the platform’s operations from Russia, was detained at the request of Interpol and may…
Is The Crypto Industry Ready For Tax Regulation? Survey Shows
[Feb 8, 2023 4:30 PM] For federal tax purposes, crypto assets are treated as property, which could be counterproductive for investors in the United States. Although digital assets are a relatively new type of investment, the Internal Revenue Service (IRS) in this…
Cryptocurrency Exchanges Offer Assistance to Earthquake-Hit Turkey
ConsenSys adds 7.03M votes to Uniswap BNB Chain migration proposal amid VC battle
[Feb 8, 2023 12:15 PM] Web3 developer ConsenSys has cast 7.03 million UNI votes in favor of Uniswap v3 deploying on BNB Chain.
North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils
[Feb 7, 2023 11:30 PM] The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for…
Avalanche (AVAX) price is up, but do fundamentals support the rally?
[Feb 7, 2023 12:30 PM] AVAX price has been in a strong rally since the start of 2023, but a sustained uptick in its DeFi components is needed in order to sustain the current bullish momentum.
Crypto Market Tides Forecast Profits, Report Shows
[Feb 7, 2023 11:00 AM] After the unreeled crypto winter, the market continues to show signs of revival after the debacle of institutions and exchanges filing for bankruptcy in late 2022. Following a month of upward price action fueled by investors betting on crypto in…
Makerdao Co-Founder Proposes $14 Million Fund to Combat Climate Change; Crypto Supporters Mock Idea
[Feb 7, 2023 3:30 AM] Cryptocurrency advocates have been discussing a proposal by the founder of Makerdao, Rune Christensen, to fund a Scientific Sustainability Fund. An idea that aims to combat climate change and misinformation about energy solutions. Christensen is…
Crypto Sees Increased Fund Flow Due To Investor Sentiment, Report Shows
[Feb 6, 2023 2:00 PM] The crypto industry has seen a significant increase in fund flows since the beginning of 2023. This has been reflected in the recent price action, which has led the market to what appears to be the beginning of a new bull cycle. According to a…
FTX Debtors Demand Return of Funds Given to US Politicians and Super PACs
[Feb 6, 2023 9:07 AM] FTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs) and political figures. Confidential letters have been sent to individuals and organizations, requesting the return of the funds by Feb. 28…
Brazilian Fintech Company Capitual Partners With Azimut to Offer Crypto Services in European Markets
[Feb 6, 2023 6:30 AM] Capitual, a Brazilian fintech company that offers cryptocurrency intermediation services, has partnered with Azimut, an asset management firm, to expand its service offer to Europe. The deal, which contemplates an investment of €15 million (about…
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud
[Feb 6, 2023 4:00 AM] A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call center in what is becoming an established scheme for extracting money from victims lured…
Russia’s Largest Private Bank Launches Digital Asset Platform
[Feb 5, 2023 3:00 PM] Alfa-Bank, one of the major Russian banking institutions, has established its own platform for digital financial assets. The launch became possible after Russia’s monetary authority added Alfa-Bank to its register of digital asset issuers this…
Binance to Support Georgia’s Crypto Industry Through Blockchain Education
[Feb 4, 2023 11:00 PM] Digital asset exchange Binance has agreed to help Georgia to develop its cryptocurrency sector by launching educational and other blockchain initiatives. The leading coin trading platform has been expanding its presence in the region with similar…
Russia Expands Its Crypto Mining Capacity, Report Reveals
[Feb 4, 2023 5:00 PM] The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed prices of mining equipment and stronger interest from…
Debate Intensifies Over Significance and Implications of Ordinal Inscriptions on Bitcoin Blockchain
[Feb 4, 2023 1:00 PM] During the past two weeks, members of the cryptocurrency community have discussed the non-fungible token (NFT) concept known as Ordinals. Since the 3.96 MB block (#774,628) was mined, there has been a significant increase in Ordinal inscriptions on…
Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading
[Feb 4, 2023 4:00 AM] Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of…
Don’t Get Too Greedy On Bitcoin, Analyst Suggests, Here’s Why
[Feb 3, 2023 6:00 PM] Bitcoin has experienced a significant trend change; the market sentiment has also changed in 2023. Since breaking from consolidation, Bitcoin’s momentum has shifted to the upside, transitioning from a bear market to potentially the early…
Uzbekistan Collects Over $300,000 From Crypto Sector
[Feb 3, 2023 5:30 PM] While operations with digital assets are not taxed in Uzbekistan, the government is receiving a growing amount of revenues from the industry. The increase in budget receipts has been attributed to the licensing regime and the introduction of fees…
Experts Predict Future Regulation of Crypto Exchanges by 2025, With Split Opinion on Similarity to Traditional Finance
[Feb 3, 2023 4:00 PM] Following finder.com’s reports on bitcoin and ethereum predictions, the product comparison site polled 56 specialists in the fintech and cryptocurrency industry to gauge their thoughts on future regulation of crypto exchanges. The experts…
Ethereum Burning Reaches New High, Is ETH Warming Up For Another Rally?
[Feb 3, 2023 12:30 PM] While the global cryptocurrency market continues with its ubiquitous movement, Ethereum seems to be sneaking out to break a new record. The latest achievement Ethereum obtained is setting a new high in its burning-per-day mechanism. Per a recent…
Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost
OpenSea serves as an example of why crypto security must improve
[Feb 2, 2023 8:09 PM] 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.
Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse
[Feb 2, 2023 12:30 PM] The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX…