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NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap
25.3.2023
Over the past week, statistics show non-fungible token (NFT) sales totaled $193.08 million, down 5.44% from the previous week. Ethereum dominated NFT sales with more than $107 million or 55% of all sales, while Solana-centric NFT sales recorded $26.3 million or 13% of sales in the same period....
Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop
25.3.2023
Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out of more than 23,000 listed digital currencies. Currently, there is a circulating supply of 1,275,000,000 ARB, and the Arbitrum Foundation’s DAO Treasury...
Bitcoin Difficulty Increases for Third Time in Six Weeks, Miners Remain Undeterred With High Hashrate
25.3.2023
On March 23, 2023, bitcoin experienced another difficulty increase, following two previous rises in the last month, jumping 7.56% higher. Currently, bitcoin miners have not been deterred by the increases, as the network hashrate has been coasting along at 346 exahash per second (EH/s). Bitcoin...
Sony eyes NFT transfers across multiple game platforms, reveals patent
25.3.2023
Sony’s NFT framework aims to integrate NFTs into gameplay, with the technology representing skins and other popular in-game functionalities
'US has left a vacuum that other countries are eager to fill': Coinbase
25.3.2023
While the U.S. government opts for “regulation by enforcement,” other countries are fostering “vibrant” crypto ecosystems due to progressive regulation, argues Coinbase’s Daniel Seifert
Animoca Brands cuts metaverse fund target to $800M: Report
24.3.2023
The company announced in November 2022 that it was working on a new Animoca Capital fund with a target of $2 billion but then halved that target in January 2023
Today in Crypto: Ethereum Foundation Doubles Bug Bounty to $500K, Oasys Partners with SBI VC Trade, The Graph Integrates with Banxa, Tether's Excess Reserves to Increase by $700M in Q1 2023
24.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Ethereum Foundation Doubles Bug Bounty to $500K, Oasys Partners with SBI VC Trade, The Graph Integrates...
SEC Warns Investors to Exercise Caution When Investing in Crypto Securities – Clampdown Incoming?
24.3.2023
The Securities and Exchange Commission (SEC) has warned investors of an alleged danger posed by crypto assets, saying those offering such investments may not comply with US securities laws.
The warning, published on the SEC’s Investor.gov website on Thursday this week, said the risk of loss...
$119M in Stolen Crypto So Far in 2023, NFT Rug Pulls on the Rise: Crystal Blockchain
24.3.2023
DeFi protocols have been hackers’ favorite targets since 2021. Now they’re preying on NFT projects too, a blockchain intelligence firm says
Russian Lawmakers ‘to Roll Out Crypto Legislation in April’ – But Not Everyone’s Happy About It
24.3.2023
Russian lawmakers say that long-awaited crypto legislation will be ready for debate in parliament next month – although critics have raised concerns.
Per Finam, Anatoly Aksakov, the Chairman of the State Duma’s committee on the financial markets, stated that the “regulation of cryptocurrencies”...
Avalanche announces the Cortina upgrade
24.3.2023
Avalanche wrote an official blog post to let the community know that the Cortina upgrade is getting closer to being put into place. The scheduled activation date is March 31, 2023, at the time of drafting this article. X-Chain is now ready to switch to Snowman++ consensus, which will make the chain...
Crypto Giant Binance Grapples with Bug, Suspends Spot Trading Temporarily
24.3.2023
In a surprising turn of events, Binance, the world's largest cryptocurrency exchange by daily trading volume, has temporarily suspended all online spot trading on its platform.
The suspension came after a bug was discovered in the exchange's matching engine, causing an unfortunate disruption...
Exclusive Interview: Tether Co-Founder Says FTX Collapse Set Industry Back, But This One Event Could Cause a 75% Crash
24.3.2023
When it comes to the world of cryptocurrency, few names are as well-known as William Quigley.
As the co-founder of Tether and CEO of WAX, he has played a pivotal role in shaping the industry and driving its growth.
Recently, Cryptonews had the opportunity to sit down with Mr. Quigley to discuss...
Short Seller Hindenburg Research Targets Billionaire Jack Dorsey's Payments Group, Block – What's Going On?
24.3.2023
Shares of Twitter founder Jack Dorsey’s fintech firm Block fell 15% on Thursday after the company was targeted by professional short sellers.
The fall in Block’s share price came as short selling firm Hindenburg Research announced that they had taken a short position in Block, Inc., a company...
ProBit Global Exclusive Presents Arbitrum’s New ARB Token at 50% off
24.3.2023
PRESS RELEASE. The Next Link In Blockchain Has Arrived. Launched in 2021, Arbitrum takes the exceptional security of Ethereum one step further with a class-leading Layer 2 solution that solves many of the scalability issues associated with Layer 1 chains. As ProBit Global’s latest listing,...
Binance Employees are Allegedly Helping Users Bypass China's Crypto Ban – Here's What You Need to Know
24.3.2023
CNBC's recent investigation has dropped a bombshell, Binance employees may be actively assisting Chinese users in eluding the country's rigid crypto regulations.
The probe scrutinized translated messages from Discord servers and Telegram groups tied to Binance, the world's largest cryptocurrency...
California Leads the Way as U.S. Federal, State Agencies Consider Blockchain’s Applications: Bank of America
24.3.2023
The tokenization of vehicle titles could enable fractionalized vehicle ownership, the report said
Coinbase Faces SEC Lawsuit Threat Over Alleged Securities Law Violations – Here's What's Happening
23.3.2023
The US-based crypto exchange Coinbase is facing a lawsuit from the Securities and Exchange Commission (SEC) over securities violations related to staking, its listing of assets, and the Coinbase Wallet.
The threat of a lawsuit came in the form of a so-called Wells notice to the exchange...
Terraform Labs Co-Founder Do Kwon Arrested in Montenegro, Says Interior Minister
23.3.2023
According to Montenegro’s interior minister Filip Adzic, Terraform Labs co-founder Do Kwon was apprehended at Podgorica airport allegedly bearing falsified documentation. Adzic added that investigators are “waiting for official confirmation of his identity” after Montenegrin police detained...
Today in Crypto: Bitpanda Partners with Visa, Near Joins Hands with WEMADE, Ethereum-based Decentralized RPC Goes Live
23.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitpanda Partners with Visa, Near Joins Hands with WEMADE, Ethereum-based Decentralized RPC Goes Live