Crypto news

Bitcoin is soaring against the Turkish Lira – but not due to increased demand. Rather, low-interest rates are causing the nation’s currency to rapidly decline, lowering its value against Bitcoin, dollars, and other currencies/ assets. The Turkish Lira Tumbles As reported by Reuters, the Lira dropped by another 5.6% against the dollar on Thursday. This followed a 100 basis point policy rate cut from the nation’s central bank on the same day. Since September, the currency has...

An independent NFT project, Sneaky Vampire Syndicate (SVS), has announced a partnership with Paramount Pictures and Spyglass Media Group’s horror film Scream. The Collaboration According to the press release shared with CryptoPotato, SVS and the horror film are joining forces to promote the latest movie in the Scream franchise, which is set to hit the theatres on January 14, 2022. The collaboration aims to bring real-world benefits to the community. The team behind the NFT...

Another seven days have passed and, unfortunately, they weren’t any better than the week before. Traditional and cryptocurrency markets are tumbling, despite the US Federal Reserve leaving rates unchanged and increasing the country’s debt ceiling by $2.5 trillion. Bitcoin was headed well into the green last weekend when the price surpassed $50,000 on Sunday. This gave the community some relief and also brought hope that it’s time for a recovery rally. Bears had a mind of...

[PRESS RELEASE – Paris, France, 16th December 2021] December 15th, 2021 – Paris Blockchain Week Summit (PBWS), a leading international conference dedicated to professionals in the blockchain and crypto assets space, has announced its 2022 edition will take place as a hybrid event from the 12th – 14th April 2022. In addition to Tim Draper and Emin Gün Sirer, the noteworthy roster of headline speakers at the event also includes James Wo, CEO and Founder of Digital Finance...

Impersonation scams are a growing threat in the cryptocurrency community, and a large number of victims continue to fall for them. The latest such example involved MicroStrategy’s CEO, and someone sent two BTC to a fake giveaway address using his name. In giveaway scams, bad actors typically impersonate a well-known figure and promote deceiving campaigns offering to double all bitcoins sent to their addresses. It goes without saying, those who fall for the fraud never receive...

[PRESS RELEASE – Road Town, British Virgin Islands, 16th December 2021] Phased Revamp Simplifies Access to Digital Assets as the Mainstream Arrives Quadency has launched a phased overhaul of its trading and strategy automation platform to allow seamless access to crypto across centralized and decentralized exchanges through a single account. As part of the upgrade, the platform will feature: Industry best trading fees discounted further with QUAD, the native platform token...

Sam Bankman-Fried – Chief Executive Officer of the cryptocurrency exchange FTX – believes billionaires like him should get taxed at a higher percentage rate. The crypto boss admitted he plans to donate “almost everything” that he earns in his lifetime to charity causes. Taxing The Rich Sounds Fair Earlier this year, the US government contemplated imposing a new tax rule. A move that sounds good on paper for some – cure the shuttered economy and bring fresh funds into the...

INTERNET CITY, DUBAI, Dec. 16, 2021 – LBank Exchange, a global digital asset trading platform, listed Solar Full Cycle (SOLARFULLCYCLE) token on December 15, 2021. For all users of LBank Exchange, the SOLARFULLCYCLE/USDT trading pair was officially available for trading at 20:00 (UTC+8) on December 15, 2021. In the on-going battle against global warming and climate change, a huge number of solar panels have been being installed as an effective solution. But in this very...

Bitcoin cash price started a fresh decline from $500 against the US Dollar. The price is now trading below the $450 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $450 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $450 for a fresh increase in the near term. Bitcoin cash price is showing bearish signs below $480 against the US Dollar, similar to bitcoin....

About Crafting Finance Crafting Finance is a synthetic asset project, that provides the issuance and transaction capabilities of various synthetic assets, which can support the issuance and transaction of almost all types of cryptocurrency assets and real assets. The important modules of the product include MintR, Kingsman, and various synthetic assets (Raft, RaftStable, UnivRaft, BondRaft). MintR supports a variety of collaterals to generate various synthetic assets and...