Crypto news

It looks like Russia has invaded Ukraine. The announcement was made early this week and the results are a lot of fear hanging in the air and the price of bitcoin continuing to behave in a bearish manner. Bitcoin Incurs a Major Slip The currency was ultimately doing better than it had been in previous weeks. Bitcoin had shot up to $40,000+, and after traveling south during the final two months of 2021, it appeared that maybe 2022 was going to be the time for bitcoin to...

It looks like cryptocurrency could really help with remittance payments and boost worker salaries in Africa. Study in Africa Shows the Power of Crypto A study was conducted in Nairobi, the capital of Kenya. In this nation – and several other nations of Africa – a new industry referred to as microwork has emerged over the past ten years. Microwork is the practice of breaking up large tasks into smaller ones so they can be tackled by many people at once. This is a huge...

The COVID-19 pandemic disrupted almost every single aspect of life. Since the physical contact between humans had to be reduced to a minimum, love dates and romantic activities became increasingly popular on dating applications. And while some people found their soulmates online, others turned into victims of cryptocurrency scammers who drained a significant chunk of their savings. One such example is the 33-year-old Tho Vu, who fell in love with a mysterious lover named Ze...

31-year-old Israel resident Simon Leviev – known allegedly for his notorious fraud schemes as the “Tinder Swindler” – says he has made a lot of his money through crypto investing and legitimate business ventures rather than cheating people. Leviev Explains His Side of the Story In a recent interview, Leviev says he purchased bitcoin when the currency was very young. Obviously, the asset has shot up in price since then, and it is due to these price spikes that he has...

Nayib Bukele’s administration announced that the veterinary hospital built by bitcoin profits will open on Saturday (February 26). The President revealed that each treatment will cost $0.25 worth of BTC. Not Just Daydreaming Apart from becoming the first county to embrace bitcoin as legal tender, El Salvador has also purchased the primary cryptocurrency on a macro-economic level. In October 2021, the government disclosed they will use its $4 million profit (at that time) from...

[PRESS RELEASE – Please Read Disclaimer] Little Baby Doge is one of the most promising meme coins and a delight in the crypto space. With a team whose main mission is to raise environmental awareness, LBD introduces unprecedented features to the crypto space, such as its token Buyback event. The successful launch of LBD has introduced a new way to get value from holding Little Baby Doge (LBD) tokens. To put it simply, this is one of the few token burn events that guarantee...

The brains behind Meta’s former Diem project have unveiled plans to launch the blockchain network as a separate protocol with support for other web3 solutions. Also, the announcement includes a name change to Aptos. Former Diem Developers to Relaunch Protocol Some members of the now-defunct Diem blockchain project have teamed up and announced plans to proceed with the network’s development and deployment. The news was shared via a medium blog post published on Thursday...

The cryptocurrency and financial markets took a severe hit shortly after Putin ordered a “special military operation” on the territory of Ukraine. However, the markets are pricing the future, and following Biden’s speech that confirmed the US would not apply any severe sanctions – global markets and crypto quickly recovered. Thursday saw a 7% intra-day gain in wall street, and Friday also saw a green spike on Wall Street’s screens. The primary digital asset currently hovers...

Unlike the BCC token that died several years ago, the case of Bitconnect – the cryptocurrency project that gave rise to the aforementioned cryptocurrency – is still far from over. This Friday, the U.S. Department of Justice announced that one of BitConnect’s founders was formally indicted on fraud charges associated with the most famous Ponzi scheme in the world of cryptocurrencies. The Drama Isn’t Over In an official press release, the Justice Department said that Satish...

Despite the recent turbulence in the cryptocurrency market, Pantera Capital envisioned a surge in bitcoin’s price in the following weeks. According to the investment firm, ‘Tax Day’ could be one of the propellers. Moreover, the cryptocurrency industry might soon separate from traditional financial markets and start trading independently, the company added. Light in The Tunnel Bitcoin’s last several months have been quite bearish. While many proponents expected to see it...