Crypto news

INTERNET CITY, DUBAI, Apr. 26, 2022 – LBank Exchange, a global digital asset trading platform, has listed LANDWORLD (LWD) on April 26, 2022. For all users of LBank Exchange, the LWD/USDT trading pair is now officially available for trading. Real estate is one of the most trusted investment destinations across the world, but it’s not an investment destination that anyone can easily invest in even if they want to. As a practical NFT real estate protocol, LANDWORLD (LWD)...

INTERNET CITY, DUBAI, Apr. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list Treecle (TRCL) on April 27, 2022. For all users of LBank Exchange, the TRCL/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on April 27, 2022. With an ecosystem that includes charging station, blockchain accounting, collateral benefits, and DeFi, Treecle (TRCL) builds a platform that provides convenient and transparent electric vehicle (EV)...

BlueSky, a project funded by Twitter to build a decentralized standard for social media, has stated that the company is not controlled by the company following Elon Musk’s purchase. BlueSky Operates Independent of Twitter In a tweet thread on April 25, BlueSky stated that although it was funded by Twitter, the social media platform does not hold any controlling stake in the platform. BlueSky also clarified that Twitter’s funding came with one condition, that the project...

Vlad Tenev – co-founder of the Robinhood trading app – announced on Tuesday that the company is letting go of 9% of its full-time employees. The company’s share price fell shortly afterward to just $10.00 at the time of writing – 12 cents above its all-time low as a public company. According to the co-founder’s blog post, Robinhood experienced a period of hypergrowth from 2019 to 2021. Net funded accounts grew from 5 million to 22 million, and revenue from $278 million to...

United States prosecutors have slammed charges against two Europeans for allegedly conspiring with recently sentenced Ethereum developer Virgil Griffith to help North Korea evade US sanctions with cryptocurrency and blockchain technology. Two Suspects Tied to 2019 Pyongyang Crypto Conference According to a Department of Justice (DoJ) press release on Monday (April 25, 2022), 47-year-old Spanish citizen Alejandro Cao de Benos and a 30-year-old British citizen, Christopher...

The Singapore-headquartered digital asset exchange – Bybit – expanded its services, enabling crypto options trading. Upon launch, users will be able to trade USDC options and perpetuals through portfolio margin, which employs a risk-based model for experienced investors to increase fund utilization on the underlying price and volatility. Bybit’s Newest Feature According to the document shared with CryptoPotato, the function will enable Bybit’s clients to speculate on the...

Not long ago, Live Bitcoin News put out an article discussing the hacking of gaming network Axie Infinity, which ultimately resulted in more than $600 million in digital currency funds being stolen overnight. The incident is easily one to mar the crypto books and one of the biggest digital currency heists in history. Axie Infinity Was Allegedly Hit by Lazarus Since then, additional details have come about linking the incident to Lazarus, a notorious hacking group...

EMV-compatible layer 1 protocol, Flare, has received the Algorand Foundation Bridges SupaGrant to build a bridge that will connect the Bitcoin network with Algorand. Flare to Bridge Bitcoin and Algorand The grant partnership between both firms will help boost the growth of the Algorand ecosystem and the DeFi industry at large. In an official press release shared with CryptoPotato on Tuesday, Flare noted that the bridge will enable secure and trustless interoperability between...

Carolyn Rogers – senior Deputy Official for the Bank of Canada (BOC) – recently denied the notion that cryptocurrencies could be a viable hedge against inflation. Citing their volatility, she stated that digital assets “don’t meet the test” of a stable source of payment, or value. Another Banker Against Bitcoin Liberal MP Yvan Baker asked the official on Monday whether digital currencies like Bitcoin could be an effective way for regular people to opt-out of inflation. Like...

Antoni Trenchev – CEO of crypto trading platform Nexo – is confident bitcoin could reach a price of $100,000 by the end of this year. Bitcoin Is Destined for Big Things, It Seems Bitcoin has been on something of a downward spiral as of late. The world’s number one digital currency by market cap hit a new all-time high back in November of last year, reaching a whopping $68,000 per unit at the time. However, since then, the currency has been backtracking, and never has...