Crypto news

[PRESS RELEASE – Please Read Disclaimer] London, Wednesday 1st December 2021. Huobi Wallet, the professional, multi-chain light wallet of the Huobi ecosystem, today announced the launch of HEarn. HEarn is a new crypto-asset management tool that provides users with greater digital asset investment options and ensures digital wealth management remains safe and secure. High-yield is one of the prominent features of HEarn. HEarn’s assets are kept in a special smart contract. It...

INTERNET CITY, DUBAI, Nov. 30, 2021 – LBank Exchange, a global digital asset trading platform, will list MarsX (MX) token on December 1, 2021. For all users of LBank Exchange, the MX/USDT trading pair will be officially available for trading at 13:00 (UTC+8) on December 1, 2021. Space transportation is the possible solution for protecting the future of humanity form new threats such as mass extinctions, natural calamities and so on. MarsX is a project that focuses on...

INTERNET CITY, DUBAI, Nov. 30, 2021 – LBank Exchange, a global digital asset trading platform, listed XinFin Digital Contract (XDC) token on November 30, 2021. For all users of LBank Exchange, the XDC/USDT trading pair will be officially available for trading at 13:00 (UTC+8) on November 30, 2021. Combining the power of both public and private blockchains, in addition to supporting interoperable smart contracts, the XDC Network functions as an enterprise-ready hybrid...

INTERNET CITY, DUBAI, Nov. 30, 2021 – LBank Exchange, a global digital asset trading platform, will list BNBEER token on December 1, 2021. For all users of LBank Exchange, the BNBEER/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on December 1, 2021. Combining the power of crypto and manufacturing industry is a great way to make a change. As one of the first crypto projects to work collaboratively with manufacturer to produce beer, BNBeer is...

INTERNET CITY, DUBAI, Nov. 30, 2021 – LBank Exchange, a global digital asset trading platform, listed BOY token on November 29, 2021. For all users of LBank Exchange, the BOY/USDT trading pair was officially available for trading at 15:00 (UTC+8) on November 29, 2021: https://www.lbank.info/exchange/boy/usdt As a deflationary and fully decentralized POC fuel token based on BSC, BOY is designed to be the fuel of the metaverse which enables the transformation of the...

In a CNBC interview over the week, a major hedge fund manager predicted that “massive inflation” will lead the Fed to hike interest rates six times by 2024. Crypto traders are keeping a close watch on the macro-financial environment as they wrap up another volatile month. Federated Hermes has over $600 billion in assets under management. Phil Orlando, the investment firm’s chief equity strategist, has been a long-time stock market bull but expects the big changes at the...

Jerome Powell has been nominated to lead the Federal Reserve in 2022, and many analysts believe this could bear serious repercussions for the cryptocurrency space. Powell Might Not Be Great for Crypto, Analysts Claim While Powell is all set to lead the Federal Reserve, his counterpart vice chairwoman may be Lael Brainard. Both nominations will need to be confirmed by a majority vote in the Senate. Powell served as the Federal Reserve chair under President Donald Trump,...

Digital Currency Group (DCG) is moving to Connecticut, and with this relocation, the company aims to generate over 300 jobs over the next five years. Barry Silbert cited the proximity to major metropolitan areas, infrastructure, talent, business-friendly environment, and facilities as the reasons behind the move. Cryptocurrency behemoth Digital Currency Group (DCG) announced relocating to Stamford, Connecticut, from its New York headquarters. Founded by Barry Silbert in 2015,...

Jerome Powell – Chairman of the Federal Reserve – has now confessed that rising US inflation numbers are not “transitory”. As such, he is considering speeding up the taper on the Fed’s bond purchase program to bring inflation under control. As the news dropped, Bitcoin’s price almost immediately fell by $2000. Inflation Not “Transitory,” Says Powell The chairman voiced his new plans while testifying in front of the Senate earlier today. He said that the US economy is...

Financial services minister Jane Hume believes that governments around the world are wrong to be worried about cryptocurrencies. She says that cryptocurrency is “not a fad,” but rather a valid financial tool that can play many parts in the future of the global economy. Jane Hume Is Confident in Crypto At a summit review in Australia just over a week ago, Hume said that cryptocurrency wasn’t likely to disappear “anytime soon.” She offered the following message to...