Crypto news

Nishad Singh, the former head of engineering at bankrupt crypto exchange FTX, is close to striking a plea deal with federal prosecutors in the ongoing case against the exchange and its execs. According to a Bloomberg report, which cited people familiar with the matter, Singh plans to plead guilty to criminal charges over his role in the FTX saga. Singh to Strike Plea Deal With US Prosecutors The report noted that Singh has been negotiating a deal with Manhattan prosecutors as...

According to the latest edition of CoinShares’ weekly report, outflows in digital asset investment products reached $32 million last week, a level not seen since late December 2022. The sentiment could be attributed to exchange-traded product (ETP) investors being less optimistic about recent regulatory pressures in the US relative to the wider market. Bitcoin Bears the Brunt Outflow figures surged to $62 million the mid-way through last week, even as the sentiment improved...

South Korea’s “Kimchi Premium” – a metric showing crypto’s price difference in global exchanges and such located in the Asian nation – went into a discount territory for the first time since January 18. This indicates that buying digital assets, such as bitcoin, is cheaper on Korean platforms than on Binance or other leading players, usually meaning that local users’ interest has declined. Flipping to Discount The “Kimchi Premium” – a phenomenon bearing the name of a...

George Town, Cayman Island (Feb. 20th, 2023) – Blofin,a fast-growing cryptocurrency futures trading exchange has announced its listing on TokenInsight. Additionally, the company plans to expand its reach by getting listed on CoinMarketCap and Coingecko in the near future. Since its launch in January, Blofin has been able to steadily increase its daily trading volume, with a consistent growth rate of 20%, providing its global user base with an extended range of crypto...

The state of New York is moving towards accepting a new bill that if passed, would allow crypto to be used as a form of payment. Is New York Suddenly a Crypto Fan? This is huge for the Empire State in that it would not only put New York on the crypto map, but it would also ensure crypto – at least within the state’s borders – is utilized for the purpose it was created for. The bill states: This act amends the state finance law in relation to allowing New York state...

[PRESS RELEASE – Please Read Disclaimer] INSAI, the innovative predictive AI technology company, is preparing for the launch of its highly anticipated v.2.0 AI predictive bot. The team of talented developers and engineers behind INSAI has created a machine learning-based algorithm that can accurately analyze a range of parameters to predict the price of cryptocurrencies, providing traders and investors with data-driven insights to make informed decisions about their...

[PRESS RELEASE – Abu Dhabi, UAE, 20th February 2023] Venom Foundation, the first Layer-1 blockchain licensed by Abu Dhabi Global Market (ADGM), has teamed up with Hub71, Abu Dhabi’s global tech ecosystem, to provide startups with enterprise-grade solutions and simplify blockchain adoption for businesses. The collaboration between Venom Foundation and Hub71 will focus on accelerating the growth and adoption of blockchain technologies in the Middle East and North Africa (MENA)...

[PRESS RELEASE – Seattle, Washington, 20th February 2023] Massive Gaming, NEOWIZ’s overseas affiliate, will launch the global social casino slot game House of Slots in March 2023, House of Poker, a global social casino hold’em game will be released as a follow-up. Before and after launch, tokens, airdrops, and game NFT free minting will be included in House of Slots. Introduced as the world’s first stable blockchain technology-based social casino game, House of Slots is...

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

The native token of the crypto exchange Huobi Global – HT – spiked around 16% after Justin Sun outlined the company’s intentions to obtain a trading license in Hong Kong.  If secured, the authorization will allow the platform to offer a wide range of digital asset services and products to domestic consumers.  Justin Sun – Tron’s Founder and a member of Huobi’s Global Advisory Board – revealed that the crypto exchange has applied for a trading license with Hong Kong’s...