Crypto news

Karlie Redd – famous for her role on the popular television show “Love & Hip-Hop: Atlanta” – has signed a multi-million-dollar deal with Legacy Records, a music label that pays its artists in crypto. Karlie Redd Signs a One-of-a-Kind Deal Redd is the organization’s first female artist. Earlier in the month, Legacy held a red-carpet event to celebrate her joining the ranks of its other artists and allowing fans to preview her latest songs. Some of the people to attend...

2TM Participacoes, the parent company of Brazil’s largest cryptocurrency exchange, Mercado Bitcoin, has recently raised $50 million from investors to further its expansion project. Crypto Service Expansion in LatAm According to a Tuesday report by Bloomberg, the company will use the funds to increase its product offering and expand its services to other Latin American markets, including Chile, Argentina, Mexico, and Colombia. 2TM’s funding round received support from several...

Ransomware is becoming a huge problem. In fact, according to a detailed report published by cybersecurity firm Sophos, cryptocurrency was involved in approximately 79 percent of the world’s ransomware incidents over the past 18 months. At the top of the list were the Conti and REvil ransomware attacks. Ransomware Is Changing for the Worse Sophos also believes that so long as cryptocurrency exists, it will likely be at the center of several other attacks in the future....

Following a related partnership with Coinbase, Adidas has joined various NFT influencers as part of their adaptation to the metaverse. These include Punks Comic, GMoney, and Bored Ape Yacht Club (BAYC). Leaping Into The Metaverse Adidas originals – an Adidas subdivision dedicated to lifestyle and fashion – tweeted about their new partnership earlier today. Few details exist about what plans their “Metaverse” entry will entail, but they have confirmed partnerships with Punks...

A crypto fraudster that is suspected to scamming his victims out of nearly 500,000 pounds has been arrested in Latvia. Prior to his capture, the man was living in Spain’s Costa del Sol, a resort town. He is accused of using investor funds to spend on a lavish lifestyle. He is believed to have been staying in luxury hotels, buying expensive designer clothing, and enjoying fine dining in top-rated restaurants. Latvian Man in Custody After Using Crypto-Invested Customer...

Key Support levels: $1.5 Key Resistance level: $1.9 ADA found good support on the $1.5 level, and today, bulls moved the price closer to the key resistance at $1.9. If they can sustain this momentum, then ADA has a good chance to break above it and start a new rally. This price action is also a significant sign of strength, particularly when most of the market is in red today. Chart by TradingViewTechnical Indicators Trading Volume: Today, the volume was good from the bulls,...

IOTA has announced a new smart contract platform called “Assembly” to accelerate the adoption of Web 3. Like IOTA’s staging network – Shimmer – users can stake IOTA on Assembly to earn rewards, this time dispatched in ASMB token. What Is Assembly For? Assembly revealed itself in a blog post on its site earlier today, which was retweeted by IOTA. The platform calls itself a “scalable, multi-chain network for sharded, composable smart contracts.” Sharding is a scaling method...

At the stage of the 2021 Global ETP Conference, Sohn Byung-doo stated that the digital asset industry is not very different from capital markets. The exec emphasized the need for investor protection and transaction stability support. The KRX Chief Wants To Study Crypto So far, Bitcoin and cryptocurrencies remain outside the domestic regulatory scope that covers the traditional financial sector. On that note, Byung-doo highlighted the growing number of crypto investors in...

Key Support levels: $0.89 Key Resistance level: $1 The bulls did not have enough strength to keep XRP above $1 despite a worthy attempt two days ago. Price only spent a day above $1 before losing this level. Since then, the cryptocurrency has been falling towards the support at $0.89, and $1 remains the key resistance. This shows that bears continue to control the price action. Until bulls reclaim and hold prices above $1, XRP is unlikely to draw much attention from the...

One of the leading cryptocurrency mining companies in the US – Riot Blockchain – acquired the electrical equipment provider – Ferrie Franzmann Industries (known as ESS Metron) for $50 million. As a result, the latter will provide a steady infrastructure supply for Riot’s new mining machines. Riot’s Expansion The news was announced in a recent press release by the US Securities and Exchange Commission (SEC). The total amount of the transaction equals $50 million as the bitcoin...