News (Page 700)

By Felipe Erazo Russian authorities have recently labeled one of the leading independent media outlets in the country as a “foreign agent.” Such a maneuver led Meduza to set up a fiat and crypto fundraiser to survive the consequences of labeling. Fund Will Accept Donations in Bitcoin, Ethereum, and BinanceContinue Reading

By Bitcoin.com PR PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the DefiDollar Token (DFD) under the pair USDT/DFD on Apr 29 at 1:00 p.m. UTC. DefiDollar is a DeFi lab that aims to bringContinue Reading

By Terence Zimwara A group of South African investors recently confessed to losing money to a brazen scammer after he convinced them to buy and hold nearly worthless physical coins. The coins, which are denominated in the Bostwana pula currency, were initially sold to a group of South African womenContinue Reading

By Jeff Benson The price of Ethereum is surging to close out the month of April, reaching above the $2,800 mark for the first time, according to data from Nomics. Ethereum is up 189% since the start of the year and over 1,200% higher from this point last year. Ethereum’sContinue Reading

By Kevin Helms Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, says “Bitcoin will always be the gold,” outperforming other cryptocurrencies, such as ethereum, in the long run. He said “there are interests being brought out of all kinds of institutions” for bitcoin. Kevin O’Leary Bullish on BitcoinContinue Reading

By Samuel Wan There’s something highly satisfying when karma strikes. None more so than when a crypto scammer gets their comeuppance. A Reddit user posted in the r/pancakeswap subreddit—the public forum of decentralized exchange Pancakeswap—asking for help in returning funds from a BEP-20 token he created. It turns out thisContinue Reading

By Kevin Helms A cryptocurrency exchange with about 2 million users worldwide announced that it has “suffered a serious cyber attack.” A number of basic services are paralyzed and the attacker tried to access the exchange’s wallets. Consequently, the platform has shut down, stating that it needs to perform aContinue Reading

By Jeff Benson Ethereum 2.0—the forthcoming proof-of-stake blockchain that promises to be faster and cheaper than the current network—is getting ready to deploy. Developers at several Ethereum software labs, as part of the ETH Global Scaling Hackathon project called Rayonism, today launched what one researcher termed “a super experimental Eth1-Eth2Continue Reading

By Mathew Di Salvo The supply of stablecoins on Ethereum continues to explode, according to a report released today. Why? Because interest in decentralized finance DeFi applications continues to grow. The Q1 DeFi Report by ConsenSys (which provides funding to Decrypt) says that the total supply of stablecoins on EthereumContinue Reading

By Felipe Erazo Authorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure. Although it was reported as a rumor by international media outlets, Chinese state media confirmed it. Authorities Sent an ‘Emergency Note’Continue Reading

By Ali Martinez XRP Supply Distribution by Payments firm Ripple could reportedly go public soon after its ongoing case with the U.S. Securities and Exchange Commission (SEC) is settled, a report on Finance Feeds said today. In December 2020, Ripple was charged with the unlawful sale of $1.3 billion worthContinue Reading

By Will Gottsegen Riding high in the wake of Coinbase’s hugely successful direct listing, the venture capital firm Andreessen Horowitz is gearing up to launch a third crypto fund, per a report in the Financial Times. It plans to raise between $800 million and $1 billion for new investments inContinue Reading

By Bitcoin.com PR PRESS RELEASE. Peer-to-peer internet ThreeFold integrates with several popular blockchain ecosystems in an effort to increase adoption for the world’s largest such network 29th April 2021, Dubai, United Arab Emirates – ThreeFold plans to integrate its peer-to-peer internet platform with three of the leading blockchain ecosystems inContinue Reading

By Jamie Redman Federal Reserve Chair, Jerome Powell, discussed a number of topics this week such as inflation and central bank digital currencies (CBDCs) following the multi-day Federal Open Market Committee (FOMC) meetings. The central bank’s lead executive was asked about feverish stocks like Gamestop shares and the crypto assetContinue Reading

By Jeff Benson Between August 2020 and February 2021, roughly 5,000 Bitcoin worth an estimated $125 million at the time of trading (and over $280 million in today’s value), left wallets owned by now-shuttered Turkish exchange Thodex and landed in US exchange Kraken, according to Israel-based blockchain tracking firm Whitestream.Continue Reading

By Andrew Hayward Once known in the crypto world as a Bitcoin naysayer, billionaire investor and Dallas Mavericks NBA team owner Mark Cuban has emerged of late as one of the industry’s biggest proponents and defenders. He’s big on crypto collectible non-fungible tokens (NFTs), seriously believes in the value ofContinue Reading

By Daniel Phillips Most modern blockchain-based networks attempt to achieve scalability, security, and decentralization in somewhat equal measure. However, few platforms today can be considered truly well-rounded, and most sacrifice on one or more of these fronts—whether that means forfeiting decentralization for additional scalability, scalability for security, or otherwise. ThisContinue Reading

By Jason Nelson Look what’s popping up: A pop-up NFT gallery. Venice Beach, in Los Angeles, has long been a mecca for artists and performers, many of whom perform on its equally famous boardwalk. Nestled among its shops and venues, the pop-up Bright Moments NFT gallery, featuring a room fullContinue Reading

By Liam Frost Opposing Views on the Role of Peter Schiff, CEO of Euro Pacific Capital and a well-known critic of Bitcoin, went full-on doomsayer mode yesterday with predictions of everything collapsing—the U.S. dollar, the American economy, and, of course, Bitcoin (BTC). “I don’t think these Bitcoin collections are goingContinue Reading

By Kevin Helms Turkey has now jailed six suspects connected to the cryptocurrency exchange Thodex, which has been accused of an exit scam. Turkish authorities and Interpol have widened their search for the exchange’s CEO, who fled the country before shutting down his trading platform, preventing customers from withdrawing theirContinue Reading

By Liam Frost Prices of Bitcoin (BTC) and other major cryptocurrencies swiftly began to pick up steam today after a week of uncertainty, potentially boosted by MicroStrategy announcing its plans to continue buying BTC. According to crypto metrics platform CoinGecko, Bitcoin is currently trading at over $57,000, up roughly 7%Continue Reading

By Jamie Redman On April 30, the crypto-focused data analytics company Skew announced the firm has been acquired by the San Francisco company Coinbase. The exchange will leverage Skew’s data with the firm’s institutional subsidiary Coinbase Prime. The goal is to make “cryptocurrency markets more transparent and accessible for institutionalContinue Reading