Search
78% of Institutional Traders Have No Interest In Crypto: JP Morgan
12.2.2024
New data shows that most global institutional traders have no interest in exposing holdings to digital assets although the number of pro-crypto firms has recorded a slight growth. A recent JP Morgan 2024 survey from over 4000 financial market participants shows creeping acceptance of Bitcoin...
Digital Currency Group Reports Q4 Revenue of $210M, Up 59% Y/Y (Full Text)
12.2.2024
Fourth quarter EBITDA was $99 million versus a loss of $7 million a year earlier
Is This $0.01 Token Poised to Be the Next Major Success Following Polygon (MATIC)?
12.2.2024
  In the dynamic realm of digital currencies, a new contender priced at just $0.01 is capturing the spotlight, potentially positioning itself as the next significant breakthrough following Polygon (MATIC). This token, with its innovative approach and underlying technology, is quickly becoming...
OpenEX’s Long Testnet Launches Digital Asset Trading Revolution
12.2.2024
OpenEx is gearing up to unveil its Long test network, which will serve as an indicator of the platform’s progress in the realm of digital asset trading. The Chinese dragon serves as inspiration for the name Long. This serves as OpenEx’s homage to the Chinese Long Year. The conventional...
Expert Calls for Full Cryptocurrency Regulation in Nigeria to Mitigate Digital Asset-Related Financial Crimes
12.2.2024
Nigeria must fully regulate crypto activities if it wants to curb financial crimes associated with digital assets, a forensic expert has said. The co-founder of A&D Forensics also called on Nigeria to enact laws that would mandate banks to vet service providers before granting them account...
FTX to Sell Subsidiary Acquired for $10M to Coinlist for $500K Amid Bankruptcy Proceedings
11.2.2024
FTX Trading Ltd. and its affiliates have announced a plan to sell a subsidiary it acquired for $10 million to Coinlist for $500,000, court documents filed on Feb. 9, 2024 show. The latest motion, filed in the United States Bankruptcy Court for the District of Delaware, details the proposed sale...
Tom Brady NFT Fetches $40K as Super Bowl Legends Hype Digital Collectibles
11.2.2024
The NFL All Day digital collectibles brand, developed by Dapper Labs, entered Super Bowl weekend with a surge of momentum. The sports-themed, digital-collectible brand issued promotional packs of NFTs during the NFL playoffs in January, resulting in several high-profile sales. Notably,...
Bonk Price Prediction as BONK Pumps Up 30% in 7 Days – $1 BONK Possible?
11.2.2024
Bonk Price Prediction Bonk price prediction remains bullish as BONK’s value surges by 30% in just a week, sparking discussions about the potential for it to reach the $1 mark. Amidst the vibrant landscape of digital currencies, BONK distinguishes itself with a notable increase of nearly 4%...
CoinList to Acquire FTX’s Digital Custody Subsidiary in Cut-Price Deal
11.2.2024
The FTX Debtors estate, under the leadership of CEO John Ray III, has initiated the process of selling Digital Custody Inc. (DCI) to CoinList. FTX had previously acquired the subsidiary in two separate transactions, one in December 2021 and the other in August 2022, for a total of $10 million....
Coinbase: California Voters Favor Pro-Crypto Candidates in 2024 Elections
10.2.2024
California voters who own cryptocurrencies are expected to have a significant impact on the 2024 elections. Citing data from Morning Consult, a business intelligence firm, Coinbase revealed that approximately 27% of Californians, equivalent to around 8.2 million individuals, own digital assets....
Former SEC Official Lambasts Voyager and Dallas Mavericks Partnership, Suggests NBA Ban on Crypto Sponsorships
9.2.2024
Yesterday, a former SEC official targeted the NBA’s decision to greenlight a partnership between the cryptocurrency exchange Voyager Digital and the Dallas Mavericks. The former internet enforcement chief for the Securities and Exchange Commission John Reed Stark said that the NBA should...
New York Attorney General Triples Fraud Allegations Against DCG to Over $3 Billion
9.2.2024
New York Attorney General Letitia James has escalated the state’s legal action against Digital Currency Group (DCG), tripling the estimated size of the alleged fraud to over $3 billion. This development follows a prolonged investigation by James’s office, which uncovered additional...
New York Expands Fraud Case Against Digital Currency Group to $3 Billion
9.2.2024
New York Attorney General Letitia James has amplified its fraud case against Digital Currency Group (DCG), now saying the company is responsible for $3 billion in investor losses tied to the Gemini Earn product and to direct investments with Genesis, according to a new court filing
Blockchain Industry Groups Call EIA’s Moves on Bitcoin Mining as ‘politically Motivated’
9.2.2024
Two blockchain industry groups have called the US Energy Department’s mandatory data collection from crypto mining operators as “politically motivated campaign.” Texas Blockchain Council president Lee Bratcher and Chamber of Digital Commerce CEO Perianne Boring presented an industry statement...
Will This New $0.01 Cryptocurrency Be The Next Solana (SOL)?
9.2.2024
  In the ever-evolving world of digital currencies, a new token priced at a mere $0.01 is rapidly becoming the center of attention, drawing parallels with the explosive growth of Solana (SOL). This fresh entrant in the crypto market, boasting groundbreaking technology and an ambitious vision...
NBA Faces Class Action Lawsuit Over Voyager Digital Promotion
9.2.2024
A class action lawsuit has been filed against the National Basketball Association (NBA), accusing the league of gross negligence through its marketing agreements with the now-bankrupt crypto exchange Voyager Digital Holdings, leading to investor losses of over $4.2 billion. NBA Hit With Class...
Can Decentralized Social Media Redefine Online Community Engagement?
9.2.2024
Decentralized social media (DeSo) is a concept that is looking to stir up the digital landscape and promises to redefine how we connect online. Meanwhile, traditional social media as we know it today is a vibrant hub of community engagement. It is a space where ideas flourish and voices are heard....
Wirex CEO Says Money Mules Are a Massive Issue in FinTech and Crypto
9.2.2024
In an insightful interview with Cryptonews, Pavel Matveev, CEO and co-founder of popular global digital payment platform Wirex, discussed what money mules are and how big of a problem they pose in the crypto and FinTech industries. The short answer is: big. He further told us how these fraudsters...
Crypto Stocks Rally Pre-Market as Bitcoin Tops $46K
9.2.2024
Bitcoin climbed over $46,000 for the first time in nearly a month early Friday, extending its gain for the week to nearly 10%
Kenya Advances Toward Digital Asset Hub Ambition With Virtual Assets Bill – Kenya Blockchain Association
9.2.2024
The Blockchain Association of Kenya (BAK) is reportedly on the verge of launching a community-led draft bill, a significant stride towards its objective of transforming Kenya into a hub for digital assets. BAK has expressed its intention to integrate feedback from stakeholders into a revised draft....