Crypto news

The implosion of the South Korean stablecoin project Terra may have dented general sentiment towards the industry, but that has not stopped the second-largest city in the country from pursuing ambitious crypto and blockchain goals. Busan has announced a partnership with FTX to build blockchain-powered business solutions in the coming months. As part of the deal, Sam Bankman-Fried’s exchange will work with Busan city to assist in the development of Busan Digital Asset Exchange...

Is Michael Saylor moving too fast by stepping down from his role with MicroStrategy? Michael Saylor Is No Longer MicroStrategy’s CEO In a recent article, Live Bitcoin News notified readers that Michael Saylor – the CEO of MicroStrategy – would be stepping down from his position as CEO and entering the new role of “executive chairman.” While nobody has listed bitcoin as the official reason, it’s interesting to see that the move is coming after Saylor put so much into...

With the mining era slowly coming to an end, the world’s largest Ethereum mining pool – Ethermine – has launched a staking pool service for users. To become a validator on the Ethereum network, users must invest 32 ETH. But Ethermine’s new service, dubbed – Ethermine Staking – offers a workaround. It aims to let members of the pool collectively stake their Ether (ETH) and also earn interest after the transition of Ethereum’s consensus mechanism from Proof-of-Work (PoW) to...

Bitcoin’s price is experiencing a mid-term consolidation phase. The price has dropped and now will be facing a significant level of support at $19K, and this level is the most critical support for the bulls to hold over the next short term. Technical Analysis By Shayan The Daily Chart After experiencing a particularly rough decline of approximately 10%, the price of BTC has entered a consolidation phase, consisting of choppy price action. The $19K support level has...

Residents of Florida are being warned about a new crypto romance scam that’s operating under the names “pig butchering” and “pig slaughtering.” The names alone should be enough to make anyone run away, though for some reason, the scam has managed to permeate several online dating platforms and social media sites, meaning it is the latest scam of its kind to fully take form. A New Online Crypto Scam Is A-Brewin’ These kinds of scams are nothing new, yet the fact that...

The World Trade Organization (WTO) members have secured an unprecedented package of agreements at the 12th Ministerial Conference (MC12). Aged 31, Justin Sun witnessed the attainment of the „Geneva Package“ as head of the Grenada delegation. “That is a thrilling and sacred moment,” the young billionaire later recalled. Prior to attending the MC12 as the Ambassador of Grenada to the WTO, Justin Sun was widely known as the Founder of TRON. Statistics from TRON show that the platform,...

NFT marketplace giant OpenSea announced support for the layer-2 blockchain Polygon on its new Web 3 protocol Seaport. The integration comes with an expanded list of features, including the ability for users to use Polygon’s MATIC as a payment option. In a blog post on Tuesday (August 30, 2022), OpenSea said that the migration of Polygon to Seaport, with the blockchain formerly powered by the Ox protocol, will enable more features for a robust buying and selling experience...

The crypto division of the popular trading app Robinhood has been slapped with a $30 million fine in New York after the company allegedly violated cybersecurity regulations and anti-money laundering laws. The penalty was handed down by the New York State Department of Financial Services, which accused the company of failing to utilize proper resources to halt illicit trading activity on its platform. Robinhood Has Landed in Hot Water A press release involving the matter...

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Sygnum kündigt die Eröffnung des ersten Metaverse-Hubs einer Schweizer Bank im virtuellen Äquivalent des New Yorker Times Square an. Der Decentraland-Hub ist Sygnum’s Web3-Portal zur aufstrebenden USD 5 Billionen Metaverse-Wirtschaft und verfügt über einen CryptoPunk-Rezeptionisten, eine interaktive NFT-Galerie und einen Veranstaltungsraum. Sygnum eröffnet den...

[PR – Warsaw, Poland, 31st August, 2022, Chainwire] AngelBlock is a platform dedicated to bringing together vetted, noteworthy crypto and FinTech startups with knowledgeable investors. The aim is to allow frictionless providing of financing and support by investors to new ventures in the crypto, blockchain, and FinTech space focusing on early-stage investments, in a manner that’s fully on-chain and decentralized. The team prepares to launch the fundraising platform in Q4...