Tag Archives: Cryptocurrency News

The White House Council of Economic Activities (CEA) is looking to penalize the crypto mining sector stating that the high energy consumption by crypto miners have spillover effects on the environment and quality of life. In a major move, the Biden administration is looking to impose a major tax on the crypto mining activities taking place in the United States. On Tuesday, May 2nd, the White House Council of Economic Activities (CEA) argued over the harms that crypto mining operations...

The Coinbase International Exchange will provide institutional clients outside of the US with BTC and ETH contracts and up to 5x in leverage. Crypto exchange Coinbase has launched an international exchange to offer its teeming institutional clients an expanded portfolio of crypto services. According to the company, the new Coinbase International Exchange lists contracts for Bitcoin (BTC) and Ether (ETH) perpetual futures. In an official announcement, Coinbase said it received a...

The company has promised its customers that it will be expanding its derivatives offering with additional perpetual contracts, dated futures, and options in the coming weeks. One of the top traded centralized crypto exchanges, Gemini Trust Company LLC, has announced the launch of its non-United States entity to serve markets outside the European market and the United Kingdom. According to the announcement, Gemini Foundation will begin to offer individual and institutional investors a...

The new secondary art NFT marketplace by Sotheby’s also pays royalties from sales directly to the artists, from payments made by collectors. Sotheby’s has launched an on-chain non-fungible token (NFT) marketplace that facilitates the sale of secondary digital art items. According to Decrypt, the New York-based auction house now supports secondary NFT sales, allowing artists to transact directly with collectors. For example, interested collectors can list and make offers on work from select...

Analysts at H.C. Wainwright have said that the crypto winter of 2022 ceases to have any bearing on related stocks.  H.C. Wainwright believes that the crypto winter is over and has called for a buy on Coinbase (NASDAQ: COIN) stock. According to the New York-based investment bank, Coinbase stands to benefit from global digital asset economy growth sooner rather than later. H.C. Wainwright released a statement on Wednesday that underscored its bullishness on the prices of crypto assets. The...

As part of the partnership, Google will bring the Blockchain Node Engine, which is Google’s fully managed node hosting service, to the Polygon ecosystem. In a recent development, Google Cloud announced its partnership with Polygon Labs and will thus make it easier for developers to build, launch, as well as grow their Web3 products and other decentralized applications on the Layer-2 scalability platform of Ethereum. This strategic alliance will help in boosting the transaction throughput...

Innovative Layer-1 blockchain Findora has introduced a Triple Masking SDK privacy-preserving solution for Web3.  Findora has launched a Web3-focused Triple Masking SDK for developers to easily integrate zero-knowledge (ZK) proofs into their decentralized applications (dApps). According to the programmable privacy-enabled public blockchain, the Findora Triple Masking ZK SDK also enhances user transactions. For instance, users can now transact privately while remaining auditable and have...

The CyberConnect CYBER token initial coin offering takes place on CoinList on May 18th, three days after the registration deadline.   CoinList recently announced the registration and sale of its CyberConnect Community tokens would soon be underway. In a blog post, the digital currency exchange said the sale of the user-empowering decentralized social network’s tokens begins on May 18th. The deadline for registration would be three days earlier on May 15th. Priced at $1.80 per token, the...

The CFTC claimed that the firm had proprietary software that was expected to recognize significant trading gains for investors who contributed to the Bitcoin pool, but in reality, there was no such “bot” in use. The head of a South African firm has been slapped with a massive fine of $3.4 billion by a federal judge in Texas. The US commodities regulator claimed that this was the largest-ever fraud case revolving around Bitcoin ever to be committed by a company. The head, who goes by the...

The push to support crypto is gaining traction in Hong Kong as some banks are already pledging support to the industry. The Hong Kong Monetary Authority (HKMA) is truly doubling down on its efforts to provide full support to the digital currency ecosystem with its recent circular to banks operating on the island. In the circular, the HKMA said banks should support exchanges or crypto platforms that have received the right license to operate in the country. The support will notably be...