Crypto news

Stocks started off the week in a rally, with wide benchmarks like the S&P 500, NASDAQ Composite, and Dow Jones posting gains. But the rally fell off with a sharp pullback Friday on new worries of increasing Fed rate hikes. The retracement was nearly enough to wipe out the gains from earlier in the week, but not quite. Stocks Yikes: Strong Jobs Data Could Mean More Fed Rate Hikes As Joe Rennison and Isabella Simonetti at the New York Times explain, new hires slowed some in...

BC.GAME announced the official launch of its new website, integrating better features and advantages for its users. Named the Crypto Casino of the Year, BC.GAME is one of the most popular crypto casino platforms. Now, in order to provide a better experience for users, it will launch a redesigned website, giving its players the best experience and satisfaction worldwide. In addition to the release, BC.GAME signed two new partnerships with AFA and Cloud9. The Redesigned...

My NEO Group, an international fintech organization, has struck an important partnership with an Estonian-based crypto on-ramp provider Guardarian. The reason for this collaboration is the upcoming release of NEO Dash – a web application set to integrate a number of fintech and online services into an all-in-one solution (https://myneodash.com). What is NEO Dash? NEO Dash is a web platform with a unique user experience. It offers community members incentives, discounts...

Bitcoin’s price went through a somewhat surprising dip yesterday when the US announced the September job reports, which were better than expected. Most altcoins are also in the red now, with the obvious exception of Ripple. XRP has stolen the show once again, surging by almost 7%. Bitcoin Lost the $20K Mark Ever since the October 3 crash to below $19,000, the landscape around the primary cryptocurrency was quite positive. The asset had bounced off that level and even jumped...

Trygve Slagsvold Vedum – the Finance Minister of Norway – urged the government to scrap its crypto program that allows domestic bitcoin miners to pay a reduced rate on electricity. In his view, the current market conditions and the ongoing energy crisis in Europe are key reasons for this amendment. BTC Miners Should not Be Treated Differently In 2016, the Norwegian government introduced certain energy benefits for data centers, including cryptocurrency miners, by enabling...

The US-based bitcoin miner – Marathon Digital Holdings Inc. – reportedly has exposure of more than $80 million in one of its hosting providers – Compute North. Two weeks ago, the latter joined the list of troubled entities affected by the ongoing crypto winter, filing for a Chapter 11 bankruptcy. Multi-Million Exposure According to a coverage by Bloomberg, the cryptocurrency miner had invested $10 million in convertible preferred stock of Compute North. It had allocated an...

The financial services corporation – Visa – collaborated with the cryptocurrency exchange – FTX – to offer debit cards in 40 countries across the globe. The cards are already available in the United States and will reach other Asian, Latin America, and European nations soon. Visa’s Next Crypto Move In an interview for CNBC, Visa’s Chief Financial Officer – Vasant Prabhu – noted that the ongoing crypto winter has not deterred the interest in digital currencies. He explained...

After losing millions of dollars worth of assets in a cross-chain hack, the team behind BNB Chain – formerly Binance Smart Chain (BSC) – plans to conduct on-chain governance votes to determine what to do with the stolen funds.  Recall that BNB Chain temporarily halted all network operations after an attacker exploited a vulnerability on the BSC Token Hub cross-chain bridge to siphon two million BNB valued at $600 million. BNB Chain Hacker Absconds With $100M  The hacker still...

The past 24 hours were quite tumultuous, with one of the largest blockchain networks – BNB Chain – suffering a security breach that saw the millions worth of cryptocurrency being compromised. And while the process of freezing and recovering the stolen assets is ongoing and the network is back to its normal functioning, someone took the opportunity to pull off another scam. Enter the BNB HACK INU Token BNBHACKINU – a token created in a clear reference to both the recent BNB...

Not long ago, Live Bitcoin News published an article talking about the world’s first cryptocurrency insider trading case, which occurred at the hands of a former employee of popular digital currency exchange Coinbase. It now looks like that case has reached a new pinnacle. Former Coinbase Employee May Have Conducted Insider Trades The case involves Ishan Wahi, a former product manager for Coinbase. He is accused of receiving private information about what coins the...