Crypto news

Bitcoin, Ethereum, and several other forms of crypto have been enjoying something of a rally over the past few weeks. These assets, along with many others, have enjoyed easing market conditions that have allowed them to jump to four-month highs and allegedly begin to put 2022 – arguably the worst year for crypto on record – behind them, but with news of “extraordinary measures” being taken by Janet Yellen and others in the U.S. financial district to prevent chaos from...

Do you like bitcoin? You probably do. Otherwise, you wouldn’t be reading this article or visiting this site. What about chess and card games? Well, if you’re a fan of all three, then gaming payment processor Zebedee is likely to make your day. The company has joined hands with mobile game studio Viker to bring you two new reward games: Bitcoin Chess and Bitcoin Scratch. Zebedee to Establish Bitcoin Chess and Bitcoin Scratch Available for both Android and iOS phones,...

Die Freiheitliche Bewegung Schweiz fordert: Bargeld soll nie verschwinden! Die Freiheitliche Bewegung Schweiz (FBS) hat laut eigenen Angaben genügend Unterschriften für das Volksbegehren gesammelt. Die Initiative kommt also zustand und nicht nur das, die Initianten kündigten bereits eine weitere Initiative zum Thema an. Worum geht es in Schweizer Bargeld-Initiative II genau? Der Verein FBS schreibt dazu: Zu einer Welt nur mit digitalen...

EOS price started a downside correction from the $1.135 resistance against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There was a break below a connecting bullish trend line with support near $1.062 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $1.02 support zone. EOS price is declining from $1.135 against the US Dollar, similar to...

Litecoin started a steady increase above $92 against the US Dollar. LTC price is now trading below $100 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $95 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains above the $100 and $105 resistance levels. Litecoin price is correcting gains from $102 against the US Dollar, similar to bitcoin. LTC price could start...

Coin Cloud, one of the largest Bitcoin ATM operators in the US and Brazil, filed for bankruptcy this January 8, leaving nearly $500 million in liabilities. The crypto winter and the collapse of major companies like FTX, Alameda Research, and Blockfi, among others, has left Coin Cloud suffering from its aftermath. According to Coin Cloud’s filings, its largest creditor would be Genesis Global Trading, a subsidiary of Digital Currency Group, to whom the company owes more than...

Trust Wallet – a multi-chain crypto wallet provider – provided a statement on Wednesday explaining recent events allowing for $4 million to be stolen from one of its users.  The company chalked the theft’s cause up to a social engineering attack by an organized crime unit in Rome, rather than a flaw in its software.  On Monday, rumors began to circulate about a Trust Wallet user who lost $4 million in funds to a scammer who had merely taken a picture of the user’s balance. No...

Cryptocurrency exchanges will supposedly not promote their products and services during Super Bowl LVII this Sunday (February 12). The bear market in 2022 shook the industry to its core, wiping out close to $2 trillion and causing multiple bankruptcies. One of the most active advertisers at last year’s Super Bowl was FTX, whose demise in November still echoes across the industry.  From ‘Crypto Bowl’ to No Ads at All The most anticipated event in the National Football League...

The US-based cryptocurrency miner TeraWulf produced 157 BTC in January, a 25.6% increase compared to December.  Snow blizzards towards the end of 2022 crippled its operations and increased electricity bills. The weather normalized in January, hence the better production results. Expansion Plans for 2023 TeraWulf boosted its mining activities with an increased number of machinery last month. It received 6,100 miners from Bitmain, bringing the total to 18,000. Additional 15,900...

Binance, the biggest exchange in crypto, seeks to revive trust in the industry after an onslaught of hacks and scams that ravaged its reputation last year.  The company is helping bring together a consortium of fellow businesses intent on proving how well the space can cooperate with regulators. Bringing Back Trust As reported by CoinDesk, the consortium already includes multiple companies, spanning from individual projects, to exchanges, to blockchain analytics firms. Its...