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Asian Auction House Phillips Will Accept Crypto at Auction for a Physical Piece of Banksy Art
8.5.2021
The well-known Phillips Auction House has announced the company plans to accept cryptocurrency for the first time in a physical art auction set for June 7-8. Phillips will be auctioning a world-famous piece of artwork called the “Laugh Now Panel” created by the anonymous street artist...
VORTECS Report: NewsQuakes boost DOGE hype, while TEL score rings a bell for traders
8.5.2021
As the world waits for Elon Musk's Saturday Night Live appearance — and a possible nod to crypto's best friend — an exchange listing proves that real news can also propel DOGE to new heights
Elon Musk Sees Dogecoin as ‘Stimulus for People Kicked by Pandemic’ but Says ‘Please Invest With Caution’
8.5.2021
Spacex and Tesla CEO Elon Musk sees dogecoin as his “private stimulus for the people” that represents “legit hope for people” hit by the coronavirus pandemic. While the price of dogecoin has been pumping alongside a number of other cryptocurrencies, Musk cautioned...
New SEC Chairman Unveils Policies for Cryptocurrencies, Calls Bitcoin ‘Scarce Store of Value’
8.5.2021
The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has shared his view on how the SEC plans to regulate cryptocurrencies, particularly bitcoin. He calls bitcoin “a digital, scarce store of value” and stresses the need to put in place some investor...
US Authorities Seek Court Order to Shut Down Crypto Trading Platform Allegedly Duping Thousands of Investors
8.5.2021
New York Attorney General Letitia James is seeking a court order to immediately shut down the operations of cryptocurrency exchange Coinseed. The attorney general previously filed a lawsuit against the crypto exchange but the platform allegedly continued to operate and dupe investors....
What are the chances BTC is actually overtaken by another crypto?
8.5.2021
Will innovative advances in competing altcoins’ blockchains be enough to overtake Bitcoin’s success?
Wealth Manager Vaneck Files Application for an Ethereum ETF, Aims for Cboe BZX Listing
8.5.2021
Public documents show the wealth manager Vaneck has applied for an ethereum based exchange-traded fund (ETF). Vaneck Digital Assets’ Form S-1 filing with the Securities and Exchange Commission (SEC) was filed on May 7, while the company’s bitcoin-based ETF is still under review. While...
Surpassing, Outperforming, Flipping and 20 Crypto Jokes
8.5.2021
After DOGE led April, we entered the month of May, and ethereum took over, surpassing the USD 3K level for the first time ever - making Vitalik a very rich boy. But DOGE wasn’t far behind, flipping BTC and ETH on google trends for a bit, but then ETC outperformed ETH, but if history repeats itself...
South Korean Police Officers Banned From Buying Cryptocurrency
8.5.2021
A recent ban imposed by the South Korean National Police Agency will bar particular officers from purchasing additional cryptocurrencies. The announcement coincides with a report revealing a heightened domestic availability of digital coins, in comparison to the global marketplace. South Korea...
South Korea to Impose a 20% Tax on Crypto Mining Activities
8.5.2021
The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto miners will be required to pay taxes, following the same path as digital assets traders. Ruling to Take Place Starting 2022 According to a report published...
Real Estate Listings Accepting BTC Touch Record Highs, 14.3 Homes per 100,000 Accept Crypto
8.5.2021
Bitcoin and the crypto economy have been making their way into the world of real estate these days. A recently published report shows that Realtor.com data indicates that people selling property for crypto assets have risen a great deal. Statistics show that there are 14.3 crypto accepting listings...
Tokyo Assemblyman Wants to Turn City into Crypto Powerhouse
8.5.2021
Source: Adobe/Luciano Mortula-LGM
A Tokyo city assemblyman has spoken out about ambitious plans to transform the Japanese capital into a crypto-powered financial hub – claiming that embracing cryptoassets could help put the city on a par with London and Hong Kong.
Speaking to Finders (via Yahoo...
Crypto Payment Firm Simplex Acquired by Publicly-Listed Canadian Firm Nuvei for $250 Million
8.5.2021
The publicly-listed Canadian firm Nuvei Corporation announced the acquisition of the cryptocurrency company SimplexCC Ltd in an all-cash deal for $250 million. The deal is pending regulatory approval and Nuvei expects Simplex to “enhance” the firm’s portfolio of alternative...
Lega Serie A to Commemorate Historic Coppa Italia Final With NFTs
8.5.2021
The governing body of the major professional soccer league in Italy, Lega Serie A, will release a special collection of NFTs in commemoration of Cup of Italy’s last match this year. The 2021 Coppa Italia Final is viewed as a historic event as Juventus and Atalanta prepare to clash for...
Kenyan Capital Markets Regulator Wants Better Coordination With Other Bodies When Testing Crypto Assets
7.5.2021
Kenya’s Capital Markets Authority (CMA) says the country needs a more encompassing approach that enables it to leverage other regulators’ expertise when testing crypto assets. Kenyan Crypto Interest Also, the Kenyan body, which favours a joint financial sector regulatory sandbox, says...
6 Crypto-centric songs you may not have heard
7.5.2021
Crypto has made for a genre-defying trove of lyrical content over the years. Here are some key examples of the industry’s musical creativity
Crypto.com unveils EVM blockchain functionality and related fund
7.5.2021
The new functionality will help smart contracts and applications from other blockchains transition over to the Crypto.org ecosystem
Crypto Derivatives Exchange FTX Starts Offering Lumber Futures Amidst Commodities Price Boom
7.5.2021
FTX, one of the largest derivatives exchanges, has started to offer lumber-based futures markets for its customers, given the recent interest in speculating on commodities prices. Lumber has been one of the key commodities that have skyrocketed in price during these last months, affecting...
Crypto Gambling with Stellar - Now on 1xBit
7.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Stellar is one of the most popular cryptocurrencies, serving as the main crypto choice of many users due to its security, low costs, and reliability.
Developed by the Stellar Development Foundation, XLM is...
US Senator Elizabeth Warren Bashes Cryptocurrencies Citing Environmental Impact, Investor Protections
7.5.2021
US Senator Elizabeth Warren sees several issues with bitcoin and other cryptocurrencies. She said that “we need a good strong regulatory agency that can continue to update,” claiming that cryptocurrencies invite “investors to come in without the ordinary protections of...