Crypto news

Late August saw a huge flip in the digital currency arena. Bitcoin – the world’s largest number one digital currency by market cap – fell by several thousand dollars and eventually dipped below $22,000 for the first time in about three weeks, while Ethereum – the world’s second largest cryptocurrency and the main competitor to bitcoin – ultimately rose 100 percent from its June low of under $1,000 per unit and managed to surpass bitcoin’s level of growth. Ethereum Is...

INTERNET CITY, DUBAI, Sep. 14, 2022 – LBank Exchange, a global digital asset trading platform, has listed XPOP on September 14, 2022. For all users of LBank Exchange, the XPOP/USDT trading pair is now officially available for trading. Utilizing the power of blockchain technology, XPOP aims to change the entertainment industry that combines diverse cultures with its entertainment platform XETA, NFT services, P2E games, and more. Its native token XPOP has been listed on...

The current President of El Salvador known as an outspoken bitcoin proponent – Nayib Bukele – said he will compete in the next presidential elections in 2024. Throughout his reign, El Salvador launched numerous BTC initiatives, such as turning the coin into a legal tender inside the nation’s borders. On another note, the American credit rating agency Fitch Ratings downgraded El Salvador’s Long-Term Foreign Currency Issuer Default Rating (IDR) to “CC” from “CCC.” The entity...

[PRESS RELEASE – Please Read Disclaimer] HyperBC Group has acquired a Lithuanian financial license no. 305790868 to expedite its global compliance operations. The company has obtained a license that will enable it to provide crypto custody asset solutions within a regulatory framework. As a pioneering asset custody solution provider, HyperBC facilitates businesses to securely store their crypto assets with risk control technology and custom and scalable solutions. Since its...

Die norwegische Zentralbank Norges Bank hat bekannt gegeben, die Ethereum Blockchain für ihre Zentralbankwährung (CBDC) verwenden zu wollen. Dies repräsentiert einen entscheidenden Schritt in der Entwicklung digitaler Währungen in Ländern. Der Quellcode soll als Sandbox auf Github veröffentlicht werden. So stelle man eine Schnittstelle zum Testnetzwerk her. Bereits im Mai kündigte Norges Bank an, dass die Ethereum-Technologie in Zukunft eine...

Bitcoin cash price started a fresh decline from the $138 zone against the US Dollar. The price is now trading below the $125 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $126 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of more losses below the $115 and $112 support levels. Bitcoin cash price is moving lower below $125 against the US Dollar, similar to...

Thailand’s Securities and Exchange Commission (SEC) prohibited domestic cryptocurrency entities from providing staking and lending services to clients. The ban aims to protect traders and the public from risks related to such activities. The South East Asian country has been active on the digital asset scene lately. At the beginning of the year, the local authorities displayed intentions to start taxing transactions with bitcoin and alternative coins, while later, they...

On September 15, American video game development company Epic Games announced the official launch of Blankos Block Party on its Game Store, making it the first NFT game to be included in the platform’s Marketplace. The beta version of Blankos Block Party was launched in 2020 by Mythical Games and has already gained more than one million players, according to its developers. The most attractive thing about this shooter game is the NFT characters and accessories, which can be...

The excitement around the Ethereum Merge is tremendous for the PoS proponents and the community of the second-largest cryptocurrency. It also presents a very lucrative opportunity for fraudsters, who tried to take advantage even before the event. Ethereum foundation had earlier warned the community to be on high alert for scams trying to take advantage of users during this transition. But that has not stopped these malicious entities from hacking the official Twitter handle...

An independent examiner will look into various aspects of Celsius Network’s digital asset holdings, a US Bankruptcy Court ruled. It indicates that the failed crypto lending platform will face more stringent scrutiny of its financial conduct.    US Bankruptcy Judge Martin Glenn approved a request to this effect on Wednesday, media reports said. However, the examiner has not been selected yet.  Probe by Independent Examiner  The court order to appoint an independent examiner...