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Monero P2P Trading Platform LocalMonero Closes, Citing ‘Internal and External’ Factors
8.5.2024
LocalMonero, a peer-to-peer trading platform for the privacy-focused cryptocurrency Monero, has decided to shut down its services with immediate effect.
The post Monero P2P Trading Platform LocalMonero Closes, Citing ‘Internal and External’ Factors appeared first on Cryptonews
Bitcoin Lightning Network Infrastructure Provider Mash Is Shutting Down Its Current Version
8.5.2024
In a recent announcement, Mash, a provider of Bitcoin Lightning Network infrastructure, has decided to shut down its current version. This comes nearly two years after Mash successfully closed a $6 million seed round in June 2022 to build out its usage-based revenue model for content creators....
LocalMonero exchange shuts down as crypto privacy services dwindle
8.5.2024
Monero’s version of LocalBitcoins is closing after 7 years of operations serving the XMR community
Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering
7.5.2024
Several Democrats on the House Financial Services Committee have a bill coming this week to target money laundering through cryptocurrency mixing services, said Rep. Sean Casten (D-Ill.), one of its backers
Hi-Fi Rush Was The Hit Xbox Needed, And It Still Wasn't Enough For Them
7.5.2024
Today, May 7, Xbox announced it’s shutting down three studios and merging another. This includes Redfall developer Arkane Austin and Mobile Doom studio Alpha Dog Games, while Roundhouse Games is being absorbed into Elder Scrolls Online developer ZeniMax Online Studios. But perhaps most shocking...
Galaxis Raises $10M, Doubling Down on Belief That NFTs Will Provide Real Value Everywhere
7.5.2024
As it gears up for its token launch, Galaxis, a Singapore-based Web3 platform, has raised $10 million with participation from Chainlink, Ethereum Name Services (ENS), Rarestone Capital, Taisu Ventures and ENS co-founder Nick Johnson, it announced Tuesday
Australia cracks down on taxes, requests crypto exchange client data
7.5.2024
Australia has escalated its efforts to bolster tax compliance and combat potential tax evasion within the burgeoning cryptocurrency sector by seeking client data from cryptocurrency exchanges operating within its jurisdiction. This latest development underscores the Australian government’s...
Canada’s Tax Authority Targets Crypto Tax Dodgers, Investigating Multimillion-Dollar Cases
7.5.2024
The Canada Revenue Agency is cracking down on crypto, going after C$54m ($39.5m) in suspected unpaid taxes. It is also launching investigations into hundreds of crypto investors.
The post Canada’s Tax Authority Targets Crypto Tax Dodgers, Investigating Multimillion-Dollar Cases appeared first...
CFTC Chairman Says Expect Regulators to Crack Down on More Crypto Firms
7.5.2024
The Commodity Futures Trading Commission chairman Rostin Behnam said cryptocurrency firms can expect to see more enforcement action from U.S. regulators in the next 6 to 24 months as retail interest in the asset class increases.
The post CFTC Chairman Says Expect Regulators to Crack Down on More...
Here’s How Bitcoin Miners Performed Last Month After The Halving
7.5.2024
Bitcoin miners are down but not out after the halving, netting significant revenue from transaction fees last month.
The post Here’s How Bitcoin Miners Performed Last Month After The Halving appeared first on Cryptonews
Final Fantasy XIV Suffers DDoS Outage As Devs Work On A Fix
6.5.2024
Players are currently having a tough time logging into Final Fantasy XIV after the MMORPG was hit with DDoS attacks on May 6. Square Enix has acknowledged the issue but hasn’t yet updated fans on when the outages will be fixed. Read more
FRIEND Is Down 6.3%, But Experts Say New Dog-Themed Crypto ICO Can Offer 1,763% Returns
6.5.2024
The crypto token for exclusive new decentralized social media platform Friend.tech has taken a sudden hit of 4.3% in the last hour as various other leading cryptocurrencies also begin posting red candles.
The post FRIEND Is Down 6.3%, But Experts Say New Dog-Themed Crypto ICO Can Offer 1,763%...
Jack Dorsey Departs Bluesky’s Board, the Decentralized Social Media Platform He Co-Founded
6.5.2024
Jack Dorsey has stepped down from Bluesky's board, the decentralized social media platform he originally envisioned and funded back in 2019 during his tenure as CEO of Twitter.
The post Jack Dorsey Departs Bluesky’s Board, the Decentralized Social Media Platform He Co-Founded appeared first...
Nigerian fintechs crack down on crypto, users face account blocks
3.5.2024
The CBN's attitude to crypto has been inconsistent in recent years and the crackdown contradicts a decision taken in 2021 to facilitate crypto account opening
Analysts expect Bitcoin price recovery after Fed leaves rates unchanged
2.5.2024
Bitcoin price shows signs of a recovery, but analysts are uncertain whether the strongest part of the correction has passed
DOGE Price Is Up 7%, Holders Venture Into New Dog-Themed ICO, Looking For 1,121% returns
2.5.2024
Original meme coin Dogecoin ($DOGE) has risen 7% in the last 24 hours to become one of the fastest recovering cryptocurrencies following a brief market crash this week. DOGE currently trades for $0.1317. That’s about 12% down from where it was this time last week, making the world’s...
Bitcoin Traders Target Test of $53,000 Support as BTC Price Predictions Remains Bearish Following Fed Meeting
2.5.2024
The Bitcoin (BTC) price is consolidating in the mid-$57,000s, down roughly 5% on the day, though up around 1.5% or $1,000 from earlier session lows as traders weigh the outlook for Fed rate cuts this year in wake of the latest policy announcement from the US central bank.
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Bitcoin traders set $50K price target after BTC falls below key support level
1.5.2024
Bitcoin’s prolonged correction is driven by a sharp decrease in demand for nearly all investor cohorts
Bitcoin down 20%+ from all-time highs — Is BTC price headed to $50K?
1.5.2024
While the current correction remains in line with historical price corrections, Bitcoin could briefly fall to the $50,000 mark after losing the average ETF inflow mark of $59,000
Is Arweave Going to Zero? AR Price Drops 18.7%, While Traders Are Accumulating This New GambleFi Token
1.5.2024
The token for storage coin project Arweave (AR) has shed 18.7% overnight, taking some of the heaviest losses amidst a market-wide crash that has dragged market leader Bitcoin's (BTC) price down by 7%.
The post Is Arweave Going to Zero? AR Price Drops 18.7%, While Traders Are Accumulating This...