Search
After ‘7/20’ social media campaign, Sushi reveals all-in-one AMM ‘Trident’
20.7.2021
The new AMM will feature four customizable pool options and offer significant capital efficiency for depositors
USDC Operator Happy After Yellen Calls Stablecoins ‘National Security’ Concern
20.7.2021
Janet Yellen. Source: A video screenshot, Youtube/Credit Suisse
At least one major stablecoin operator has welcomed the news that the American government is set to direct regulators to “act quickly” on fiat-pegged tokens.
In an official statement, the American Treasury Secretary Janet Yellen stated...
Crypto joins stocks in 'extreme fear' after Bitcoin loses $30K support
20.7.2021
A rout in sentiment in both crypto and traditional markets underscores the "extreme fear" surrounding Bitcoin's move below $30,000
South African Central Bank Warns Citizens Against Accepting Tainted Banknotes
20.7.2021
A week after more than 1,400 ATMs in South Africa were attacked during a looting spree, the country’s central bank is now asking citizens to reject banknotes that are stained with traces of blue and green ink. Increasing Circulation of Stained Banknotes According to an EWN report, the South...
Bitcoin price dives below $31K after lowest weekly close in 8 months
19.7.2021
It’s doom and gloom for Bitcoin a day after the feared Grayscale unlocking event, with altcoins performing even worse
John McAfee Died Broke After Spending Millions on Mansions - Author
19.7.2021
John McAfee. The late tech tycoon and crypto advocate John McAfee died broke while awaiting extradition to the US on tax evasion charges in a Spanish prison last June, according to Scottish author Mark Eglinton. McAffee had spent his fortune on lavish mansions, says the writer who collaborated with...
Malaysia Flattens Seized Bitcoin Mining Rigs With Steamroller — Over 1,000 Machines Demolished
19.7.2021
Over 1,000 bitcoin mining machines have been totally destroyed in Malaysia after they were seized for illegally mining the cryptocurrency using stolen electricity. The mining machines, worth about $1.26 million, were steamrolled in the Malaysian city of Miri and eight people have been arrested...
Takeaways: 5 years after The DAO crisis and Ethereum hard fork
17.7.2021
A wave of events five years ago formed the reality of the crypto industry, but did we really make proper conclusions?
Bitcoin price set to rebound? BTC shorts on Bitfinex crash by 25% after record spikes
17.7.2021
The latest meltdown in BitFinex BTC shorts could follow up with a spike in spot Bitcoin bids, stated one analyst
Visa, Mastercard Monitor Binance’s Regulatory Compliance as More Regulators Scrutinize the Crypto Exchange
16.7.2021
Payments giants Visa and Mastercard say they are monitoring Binance’s regulatory compliance developments as more regulators come after the global crypto exchange for operating in their countries without authorization. Visa, Mastercard Monitoring Binance’s Regulatory Troubles Visa...
Bitcoin bounces off $31K after Bank of America greenlights BTC futures trading
16.7.2021
Little change on Bitcoin markets as sideways trading continues and a clear bear trend is yet to enter decisively
Lithuania Issues Warning to Binance, Warns Investors Crypto Services Are Not Regulated
16.7.2021
Binance’s regulatory troubles continue with Lithuania being the latest country to issue a warning about the cryptocurrency exchange. Lithuania’s announcement came one day after Italy issued a similar warning. Lithuania Warns Binance Lithuania’s central bank announced Friday that...
Cointelegraph Consulting: Stablecoin activity drops after May peak
16.7.2021
Despite the tumble in stablecoin activity, average transactions of stablecoins DAI and UST still exceed those of USDT and USDC
UFO Token, The Cryptocurrency That Went Viral Hours After Launching
16.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Like many industries, there’s heavy competition in the cryptocurrency world. As of April 2021, there are more than 10,000 different types of digital coins and tokens for over 300 million blockchain wallet...
Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US
15.7.2021
Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners from China to the United States. Bit Digital says after the Chinese government’s...
University of Cambridge Bitcoin Mining Map Shows China’s Hashrate Dropped to 46%
15.7.2021
After the researchers from the Cambridge Bitcoin Electricity Consumption Index (CBECI) project said that the website’s “Bitcoin Mining Map” had not been updated since April 2020, the map has finally been updated. Current data from the mining map shows the coverage goes all the...
Tencent Patent Wants To Let You Pass Down V-Bucks After Death
15.7.2021
Tencent recently obtained a patent relating to digital asset inheritance that might allow games to pass on in-game items and currency when they die. According to video game industry analyst Daniel Ahmad, who first spotted the news on Monday, the Chinese tech giant originally filed for the patent...
Digital Euro Project Gets Going as ECB Launches Investigation Phase
15.7.2021
After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common currency should “ensure privacy” and provide access to “the safest form of money” at...
Green BTC miner Bitfarms’ production up 50% after China ban, as Compass goes nuclear
15.7.2021
Bitfarms is producing more BTC at a lower cost due to the drop in difficulty
Bank of America: Bitcoin Now 3rd Most Crowded Trade After Tech Stocks and ESG in New Fund Manager Survey
15.7.2021
Bank of America’s latest global fund manager survey shows that “long bitcoin” is now the third most crowded trade. The most crowded trade is now “long tech stocks,” followed by “long ESG.” Bank of America’s global fund manager survey for July...