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Bitcoin Drops Below $40K, Crypto Economy Down 17%, Markets Lost $250 Billion Last Week
19.5.2021
On Wednesday, cryptocurrency markets continue to drop lower in value, as the entire crypto-economy has plunged 17% below the $2 trillion mark and now rests at $1.801 trillion. Bitcoin, the leading cryptocurrency in terms of market capitalization, touched a high of $40,770 per unit at 4:48 a.m....
Polygon to Democratize NFT Interactions by Improving Approachability
19.5.2021
To pave the way for greater adoption of non-fungible tokens and bring down the barriers hampering more widespread participation, Polygon is leveraging its parallel network’s proof-of-stake approach to reduce Ethernity Chain’s gas costs. Layer 2 Solution to Make Ethereum-Based NFTs More...
Crypto Products – a Norm for US Financial Firms; DeFi Grows
19.5.2021
While the cryptocurrency market is facing a tough period, it is not losing at all. Recently, a leading derivative marketplace announced Micro Bitcoin futures, helping the crypto sector showcase its relevance. The platform will help investors avoid high costs to improve their crypto investment...
Virtual Open World Games Are The Future of Crypto
19.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
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Due to the current COVID-19 restrictions, many people spend most of their time online, supported by technological advancements and social networks’ intelligent algorithms that keep people online....
New bill would require candidates in Russian elections to declare crypto
19.5.2021
The bill must still go through two readings in the Duma before going to the Federation Council
Cuban Central Bank Issues Warning on the Rising Number of Crypto-Related Ponzi Cases
19.5.2021
Cuba has witnessed some exciting times in the last few months as far as nationwide digital currency acceptance, but the road toward this goal is still under construction. The country’s central bank recently issued a warning about the rising number of cryptocurrency-related scam cases across...
Inner Mongolia sets up hotline to report suspected crypto miners
19.5.2021
Authorities in Inner Mongolia are cracking down further on crypto mining operations that may be jeopardizing the region's bid to reduce carbon emissions
$350B lost in crypto bloodbath as Bitcoin and Co sink 15–30%
19.5.2021
The cryptocurrency market is painted red after numerous coins lost more than 30% in the past 24 hours
South African Crypto Holders Urged to Approach Tax Body Before It Descends on Them
19.5.2021
A South Africa-based tax expert, David Lesperance, says with the country’s revenue collector now closing in on cryptocurrencies, holders must now take the initiative and approach South Africa Revenue Services (SARS) before it descends on them. Lesperance argues that by making the first move...
India Will Regulate Crypto as Ban Talk Binned - Report
19.5.2021
Source: Adobe/Patange_R
While the bitcoin (BTC) bloodbath continues on the markets with reports of newer investors panic-selling, glimmers of cheer have appeared in India, where joyful crypto advocates have been welcoming reports that the government may be set to scrap talk of a ban – and instead...
Nifty News: Earn NFTs watching TV, DAO pays $1M for Aoki and 3LAU track ... and more
19.5.2021
Jenny DAO paid Aoki and 3LAU $1 million to create an NFT, as comedy icon Steve Harvey drops NFTs for charity
Crypto Meets Chess in Coinbase Sponsored Cryptochamps Tournament
19.5.2021
Chess.com, one of the most popular chess internet sites, has announced it will host a contest called “Cryptochamps,” a crypto-themed chess tournament. The event, which will be sponsored by Coinbase, will feature several important cryptocurrency personalities and will offer prizes that...
Indian government is rethinking crypto ban: The Economic Times
19.5.2021
A new panel will be formed to address "outdated" recommendations on crypto trading
How to Easily Enter Into the Crypto World?
19.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Most crypto holders understandably worry about the safety of their coins. A glance at the news reveals plenty of stories detailing thefts and hacks where...
Nebraska bill to allow banks to offer crypto services passes to final round
19.5.2021
Nebraska could follow Wyoming and open its first crypto bank should the bill pass the final round
Asset Managers UBS, Pimco, T. Rowe Price Caution of Cryptocurrency Investing, Expect Strict Regulations
19.5.2021
A number of asset managers have cautioned about investing in cryptocurrencies, including UBS Wealth Management, Pimco, T. Rowe Price, and Glenmede Investment Management. “We expect more stringent policy and regulatory controls ahead for crypto as it becomes more mainstream,” said UBS....
South Korean Government Continues to Scale Back Anti-Crypto Rhetoric
19.5.2021
Statue of the Lying Buddha of Miamsa Temple in Naesan-myeon, Buyeo-gun, South Korea. Hong Nam-ki, the South Korean Deputy Prime Minister and the nation’s finance minister, has spoken about government plans to create more opportunities for young people – including on “domestic asset markets.”
In...
Nvidia Is Trying To Stop Crypto Miners Buying RTX 3000 Series Cards
19.5.2021
Earlier this year, Nvidia announced that their GeForce RTX 3060 graphics cards would ship with a “reduced Ethereum hash rate”, making them a lot less useful for crypto miners. They’re now extending that move to the RTX 3080, RTX 3070 and RTX 3060 Ti as well.Read more
Bitcoin bull launches pizza company that doesn't accept crypto payments
18.5.2021
A guy based in New York City who loves Domino's is launching a pizza brand based on a Papa John's event that doesn't accept the crypto he espouses
African Founded Crypto Exchange, Quidax Partners With Popular Defi Platform, JulSwap
18.5.2021
PRESS RELEASE. Cryptocurrency exchange Quidax officially announced a partnership with JulSwap. JulSwap is one of the biggest decentralized exchanges (DEX) on the Binance Smart Chain Ecosystem. Quidax also announced that it will be launching its ecosystem token, QDX, on JulSwap’s launchpad...