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Turkish Crypto Exchange Exit Scam: CEO Flees Country, 62 People Detained, Users Cannot Access $2 Billion of Funds
24.4.2021
A Turkish cryptocurrency exchange with about 400,000 users has been accused of pulling an exit scam. Its CEO has reportedly fled Turkey, allegedly taking $2 billion of customer funds with him. The police have an arrest warrant for the CEO and 62 people have already been detained in connection with...
Tax Authority Seizes Cryptocurrencies Worth $25 Million From Hundreds of Crypto Investors in South Korea
24.4.2021
The tax department of the Seoul metropolitan government in South Korea has reportedly seized cryptocurrencies worth about $25 million from hundreds of crypto investors with delinquent taxes. The cryptocurrencies, including bitcoin, were seized from three exchanges. The tax authority is now going...
Two Major Hotels in Touristic Spanish City to Accept Crypto Payments in the Wake of Covid-19 Crisis
24.4.2021
Sevilla is becoming a crypto-friendly city in Spain at a fast pace, with two prominent local hotels announcing they will start accepting crypto payments. Hotel Bécquer and Hotel Kivir have joined the crypto adoption bandwagon by allowing customers to book rooms with digital assets. Hotels Will...
Crowny Listing on AscendEX
24.4.2021
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 Crowny Token (CRWNY) under the pair USDT/CRWNY on Apr 21 at 1:00 p.m. UTC. Crowny has created a new platform by aligning...
Former Employees From Major South Korean Firms Quit Their Jobs After Pocketing Millions in Crypto Profits
24.4.2021
South Korea’s crypto-sphere has been witnessing a volatile environment in terms of regulatory moves, as bitcoin prices and other altcoins are also having wild moves. Such a scenario hasn’t stopped the country’s middle class to profit from the crypto market, even with very...
Miners Remind the Community: Scaling the Bitcoin Block is Important
24.4.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
How was your recent Bitcoin transaction? Too expensive or too slow? That's why you should care!
Some select miners are reminding the community that the Bitcoin block is still very much in need of scaling....
Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs Higher
24.4.2021
Bitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations has dropped considerably in recent weeks. At the end of February, bitcoin dominance levels started sliding downward from 61% to today’s 50%. Meanwhile, from...
Bitfarms Partners With Foundry, Joins US Mining Pool, Fleet Expands by 2,465 Bitcoin Miners
24.4.2021
On April 23, the publicly listed mining operation Bitfarms revealed a partnership with the Digital Currency Group (DCG) subsidiary Foundry Digital LLC. Bitfarms will be joining Foundry’s American mining pool and the two bitcoin mining firms have revealed the joint purchase of 2,465 Whatsminer...
Banks Should ‘Say Thank You, Crypto’ after Bumper Boost in Customers
24.4.2021
South Korean commercial banks should say “thank you, crypto,” local media outlets have claimed, with cryptoasset investors flocking to their platforms to set up fiat on/off ramps in order to trade their tokens.
Per a report from SBS, the neobank K-Bank has seen a staggering 1.7m new customers open...
Bitcoin funding rate flips negative after $48K retest — Was it a bear trap?
24.4.2021
Bitcoin price is more than 20% away from its all-time high, but the current negative funding rate on BTC futures might give bulls a unique advantage
Justin Sun: A Colorful Crypto Hawker or Surprising Business Savant?
23.4.2021
Although he is outspoken, raucous, and bombastic when it comes to his public persona, Sun’s questionable publicity stunts could be part and parcel of his strategy for catapulting Tron into the spotlight and capitalizing on crypto’s momentum. Bombastic Approach May Underpin Tron’s...
PlanB speculates that BTC price fall doesn't mean the end
23.4.2021
Is Bitcoin’s bull run over? This crypto analyst doesn't think so
Metis to Revolutionize NFTs With Launch of Community-Minted NFT, ‘’Rebuilding the Tower of Babel’’
23.4.2021
The craze for Non-Fungible Tokens (NFT) has engulfed the blockchain space as more people move towards this unique sector. The ability to sell works of art and tokenize real-life assets has ensured that the NFT sector has grown immensely, with record sales of NFTs witnessed in recent weeks. However...
Pros say Bitcoin’s ‘very healthy’ correction ‘builds ground for more stable growth’
23.4.2021
Bitcoin price tumbled below a key support level but financial experts agree that the correction clears the way for further upside
Governing body of Louisiana gives Bitcoin its nod of approval
23.4.2021
Louisiana recently gave a shout out to Bitcoin’s success in a new resolution
Joe Biden’s Proposal to Double Capital Gains Tax Rate Shakes Financial Markets
23.4.2021
The Biden administration has revealed plans to raise taxes on investors who are millionaires according to a flurry of recent reports. President Joe Biden wants to overhaul the U.S. economy in order to help fund American childcare and education. Biden’s proposal will almost double the current...
Price analysis 4/23: BTC, ETH, BNB, XRP, DOGE, ADA, DOT, UNI, LTC, BCH
23.4.2021
Bitcoin price continues to come under pressure from sellers while Ether and BNB are attempting to buck the trend
Bitcoin facilitates a global economy, says Tim Draper
23.4.2021
“People are already realizing that they would rather have Bitcoin than fiat currency,” said Draper
Gemini users can now buy Bitcoin with Apple Pay and Google Pay
23.4.2021
Gemini crypto exchange has integrated deposits via Apple Pay and Google Pay to simplify crypto purchases
‘Black Swan’ Author Nassim Taleb Advises to Stay Out of Bitcoin, Citing No Link to Inflation or ‘Anything Economic’
23.4.2021
The famous author of The Black Swan, Nassim Nicholas Taleb, says investors should not buy bitcoin. To hedge against the current turbulent market, he advises buying stocks or real estate, emphasizing that bitcoin has no connection to inflation or “anything economic.” Nassim Taleb Advises...