Crypto news

INTERNET CITY, DUBAI, Nov. 23, 2021 – LBank Exchange, a global digital asset trading platform, will list NEVADA (NVD) token on November 26, 2021. For all users of LBank Exchange, the NVD/USDT trading pair will be officially available for trading at 22:00 (UTC+8) on November 26, 2021. Crypto has been utilized in various ways since its birth, and gaming certainly is one of the most popular aspects of it. As a pioneering BSC token, NEVADA (NVD) lets people stake their...

A teenager hailing from the Hamilton, Ontario area of Canada has been arrested for allegedly taking part in a SIM swapping incident that stole as much as $46 million in crypto funds. The victim, who is unnamed at the time of writing, is situated in the United States. SIM Swapping Is a Big Problem The arrest occurred following a joint investigation led by the United States Secret Service Electronic Crimes Task Force and the Federal Bureau of Investigation (FBI), which...

Breadwallet – an open-source cryptocurrency software wallet – recently announced that it has been acquired by Coinbase. In response to the news, BRD token’s price has soared by 400%. Breadwallet Joins Coinbase Breadwallet announced its acquisition by Coinbase in a blog post earlier today. The team stated that it will work with the exchange to bring decentralization to more users around the world. “At this time, nothing will change in the BRD wallet app,” read the statement, ...

Jon Cunliffe – the deputy governor of the Bank of England – feels the crypto space is spiraling out of control… So much so, that it’s now beginning to threaten the financial stability of both citizens and countries alike. Jon Cunliffe Thinks Crypto Presents Certain Hazards Over the past few years, the world of cryptocurrency has grown to unprecedented levels. Bitcoin, for example, is the world’s number one digital currency by market cap. At the time of writing, it is...

Senator Sherrod Brown appears to be keen on understanding how the process of stablecoin minting and redemption actually work. A comprehensive regulatory regime for stablecoin is the need of the hour, a failure to roll out one will prompt the watchdogs to step in. The head of the US Senate Banking Committee has called upon stablecoin issuers and platforms to disclose their process. Sen. Sherrod Brown (D-OH), Chair of the Senate Banking, Housing, and Urban Affairs Committee,...

Cadalabs wishes to thank the members of the public that have been with us from the beginning till now and those that joined at the First and second phase token Sale, we want to congratulate you for holding on till now and we sincerely appreciate your unflinching support and belief in us. Cadalabs have successfully distributed Cala Tokens to the first and second phase contributors. Cadalabs team allocated 25 million Tokens to be sold during the pre sale stage of which the...

Approximately four percent of the world’s cryptocurrency is held by billionaires. Many of them, according to recent reports, have obtained these funds through discreet family offices. Family Offices Keep Buying Crypto The situation is a tough one to evaluate for many reasons. For one thing, it is a bit disconcerting that crypto holdings could be so concentrated when it was designed to give power to general members of the public. There are so many people out there that...

Since EIP-1559 took effect in August, Ethereum has now burned over 1 million Ether from circulation. At today’s prices, that’s over $4.2 billion in value. Torching The Ethereum Network Data from Watch The Burn reveals the Ethereum network’s achievement of this latest milestone. At the time of writing, it shows that 1,002,000 ETH have been burned since the London hard fork on August 5th. The network has proven capable of maintaining its high burn rate, which saw its first $1...

Trends in the cryptocurrency industry tend to change rather quickly. People’s attention can go all in a particular asset but could disappear just as quickly. This seems to be the case with the hottest digital asset of the past few months – Shiba Inu. It was everywhere. From its mind-boggling price surges to different companies trying to get on board to catch the wave, Shiba Inu’s name was discussed left and right not only on crypto media outlets and Twitter but also on more...

Bitcoin’s price has failed to recover and seems to be struggling below the $60K mark. As of now, BTC has lost 7% over the last week, trading in the range of $55-56K, failing to reclaim the 50-day moving average line. Chart by TradingViewThe Technicals Bitcoin’s price painted a lower low yesterday. Today, it continues to decline and taps the critical support zone between $53K and $58K – something we’ve been tracking in our previous analysis. The $53K level provides very strong...