Crypto news

It was on February 24, 2022, that Russia launched the military offensive on Ukraine. On the completion of one year of the war, Chainalysis came up with a report tracking crypto donations to both Russia and Ukraine. The report says Ukraine received nearly $70 million and pro-Russian groups $5.4 million in crypto donations since the war broke out last year.  Crypto Donations to Ukraine   The donations to Ukraine came mostly in ETH, BTC, USDT, and USDC, with their shares being...

The cryptocurrency exchange Coinbase estimated in its latest study that every fifth American has already hopped on the cryptocurrency bandwagon.  There are more HODLers among youngsters and people of color. Crypto Can Update the Financial System Coinbase surveyed over 2,000 American adults to determine their thoughts on the current global financial network and check their sentiment on digital assets. 20% of the participants admitted owning bitcoin or alternative coins despite...

The Tel Aviv Stock Exchange (TASE) is willing to enable clients of its non-banking members to trade cryptocurrencies.  Its proposal comes as a result of the turmoil experienced in the sector last year, which according to numerous watchdogs, was a prerequisite for imposing stricter regulations. Authorizing NBMs The TASE – Israel’s only public stock exchange – wants to expand the authorized activities of its non-banking members (NBMs) to allow customers to trade digital...

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Solana outages have yet again sparked questions about the design of the premier Layer 1 blockchain. The validators tried to restart the network twice over the weekend after the on-chain activity froze. At one time, Solana was processing only 93 TPS. Following the performance degradation, the validator community eventually had to opt for a synchronized chain restart of the network. Solana Outage Again According to the official blog post, the cause of the outage has not been...

Coinbase – the largest crypto exchange in the United States – announced that it is halting BUSD trading one week after the stablecoin’s issuer ceased minting new units of the token.  According to a tweet from Coinbase on Monday, the exchange will suspend trading for the token across Coinbase.com, Coinbase Pro, Coinbase Exchange, and Coinbase Prime. Users can still access any BUSD held in their accounts, and withdraw it from the platform at any time.  “We regularly monitor...

In an era where so many other crypto firms appear to be losing employees left and right, the Bitcoin Association – which is responsible for the release of the recent bitcoin SV currency – is bringing some fresh faces onboard. The Bitcoin Association Is Bringing New People Aboard Among the people being hired are Cyrille Albrecht as the new managing director, Ewa Merino as the director of finance and operations, and Marcin Zarakowski as the latest executive committee...

Lendhub, a relatively small cross-chain crypto lending platform operating on HECO, was exploited to the tune of $6 million dollars earlier this January. Attack Possible Solely Due to Poor Coding The attack was carried out due to a poorly-executed removal of a deprecated IBSV cToken. Its replacement, which was already active, had an identical price point at the time, which allowed the unknown bad actor to manipulate the pricing and drain around $6 million worth of crypto from...

[PRESS RELEASE – Please Read Disclaimer] The collaboration between the two platforms showcases the power of cross-chain and multi-chain opportunities in DeFi. February 27, 2023 – BiSwap, the first DEX platform with a Multi-type Referral Program and the DeFi platform with the lowest transaction fees, has announced its cooperation with OKX Wallet, a leading multi-platform, universal self-custody solution for digital assets. As part of the collaboration, OKX DEX has aggregated...

[PRESS RELEASE – Seoul, South Korea, 27th February 2023] Derby Stars, a horse-racing metaverse game on Polygon blockchain, has opened its “Early Access” version from February 27th to March 20th. Developed by a team of experienced game developers, Derby Stars promises to be an exciting new addition to the world of digital horse racing. The game offers players an immersive experience within a beautiful grassland and various racetracks, where they can train and race their own...