Crypto news

The CyberConnect CYBER token initial coin offering takes place on CoinList on May 18th, three days after the registration deadline.   CoinList recently announced the registration and sale of its CyberConnect Community tokens would soon be underway. In a blog post, the digital currency exchange said the sale of the user-empowering decentralized social network’s tokens begins on May 18th. The deadline for registration would be three days earlier on May 15th. Priced at $1.80 per token, the...

The CFTC claimed that the firm had proprietary software that was expected to recognize significant trading gains for investors who contributed to the Bitcoin pool, but in reality, there was no such “bot” in use. The head of a South African firm has been slapped with a massive fine of $3.4 billion by a federal judge in Texas. The US commodities regulator claimed that this was the largest-ever fraud case revolving around Bitcoin ever to be committed by a company. The head, who goes by the...

According to the report, the company experienced a 133% annual reduction in its earnings per share for the quarter. Intel Corporation (NASDAQ: INTC) reported its largest quarterly loss in its Q1 2023 financial results. The company’s shares initially rose on the report, after which it fluctuated in extended trading sessions. At premarket trading, Intel is up 3.95% to $31.04 after closing up 2.79%. The semiconductor chip maker has recorded both gains and declines over the past year. It has...

The push to support crypto is gaining traction in Hong Kong as some banks are already pledging support to the industry. The Hong Kong Monetary Authority (HKMA) is truly doubling down on its efforts to provide full support to the digital currency ecosystem with its recent circular to banks operating on the island. In the circular, the HKMA said banks should support exchanges or crypto platforms that have received the right license to operate in the country. The support will notably be...

In case of a scenario where the First Republic Bank fails, the FDIC will likely want to avoid systemic risk and offer insurance to all the bank’s depositors, even those not covered by insurance. The banking crisis unfolds further, with the US officials trying to coordinate with the private sector to reach an agreement on the future of First Republic Bank (NYSE: FRC) which is under scrutiny as a result of a loss of almost $72 billion in deposits within three months. Currently,...

Bitcoin cash price started a fresh decline below the $125 zone against the US Dollar. The price is now trading below the $120 zone and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $120 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $120 resistance zone. Bitcoin cash price is declining below the $125 zone against the US Dollar, similar...

Popular digital asset trading platform Crypto.com has partnered with technology giant Samsung to offer an optimized version of its app for Samsung Galaxy Z Fold devices, including the recently launched Z Fold4. In a statement released Thursday, Crypto.com announced the new update, Version 3.158.1, which features an enhanced trading and analysis experience specifically for Galaxy Z Fold devices. Tailored Trading Experience for Galaxy Z Fold  The new features will allow users...

Polygon announced that Polygon Bridge is now available for Polygon zkEVM. The development comes a month after the launch of the zero-knowledge rollup on Mainnet Beta. The symbolic first transaction on Polygon zkEVM Mainnet Beta was performed by Ethereum co-founder Vitalik Buterin. Polygon zkEVM Mainnet Beta is designed to be an all-purpose Ethereum scaling protocol that allows developers means to build on it with the usage being similar to Ethereum, without modifying...

SkyBridge Capital founder Anthony Scaramucci spoke at Consensus 2023 on Thursday about the state of affairs at FTX in the weeks and days before its collapse. The former rejected the notion that Changpeng Zhao (CZ) – CEO of Binance – was responsible for the exchange’s failure, pinning the blame solely on former FTX boss Sam Banknman-Fried.  How SkyBridge Fairs After FTX Scaramucci began by clarifying that his relationship with FTX has not harmed his company to such a great...

Place/Date: Portugal - April 27th, 2023 at 8:26 pm UTC · 3 min read Source: Bored Ape BlockDown Festival: Portugal, is excited to reveal two exclusive Bored Ape parties featuring DJ Ape and friends at this summer’s top European Web3 festival. Attendees can anticipate Europe’s inaugural Bored Ape Yacht Party on July 10th, on a beautiful yacht showcasing the stunning Algarve coast and iconic Benagil Cave for an unparalleled Bored Ape IRL adventure. The Bored Ape Afterparty on July...