May 17, 2022
The infamous Conti ring’s internal messages, leaked in February, served as a jumping-off point for a new transaction analysis by Crystal Blockchain.
May 17, 2022
Jump Crypto led the funding round for the firm, which secures $50 billion of DeFi assets.
May 17, 2022
The firm behind the Bored Ape Yacht Club NFT collection is in talks with layer 1 suitors as the project considers a post-Ethereum future.
May 17, 2022
Treasury management platform Coinshift has closed a $15m series A funding round, with investment from the likes of Tiger Capital and Alameda Ventures.
May 17, 2022
League of Kingdoms offers players a chance to not just rule their kingdom but own it in the form of an NFT.
May 17, 2022
Sheridan, United States, 17th May, 2022, Chainwire Cash management company announces roadmap to build cutting-edge multichain treasury infrastructure for Web3 Coinshift, leading treasury management and infrastructure platform that […]
May 17, 2022
Regulators think options and futures should only be for professional investors, but the Authority for Financial Markets doesn’t yet have powers for a UK-style ban.
May 17, 2022
First Mover Americas: Bitcoin Retakes $30K as ‘Institutional Adoption’ Makes Crypto More Like Stonks
The latest moves in crypto markets in context for May 17,2022.
May 17, 2022
The cross-chain bridge is hoping to capture some of Algorand’s $136 million in DeFi TVL.
May 17, 2022
India’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization of a part of the Indian economy. “It will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country.” RBI’s Crypto Warnings and Dollarization of Economy The Reserve Bank of India (RBI), the country’s central bank, has warned that cryptocurrencies could lead to the dollarization of a part of the Indian economy, PTI reported Monday, citing unnamed sources. During a briefing with India’s Parliamentary Standing Committee on Finance, top RBI officials, including Governor Shaktikanta Das, “clearly expressed their apprehensions about cryptocurrencies,” the publication conveyed. The committee, chaired by former Minister of State for Finance Jayant Sinha, also recently questioned the Securities and Exchange Board of India (SEBI) on crypto-related issues. Emphasizing that cryptocurrencies pose […]
May 17, 2022
BTC moved away from Monday’s lows to surge above $30,000 on Tuesday, as crypto bulls pushed prices higher. ETH continues to trade above $2,000, with prices rising by as much as 4% during today’s trading session. Bitcoin Following a stint below $30,000 to start the week, BTC was trading above this level as bulls made a comeback on Tuesday, Following a low of $29,251.89 during Monday’s session, BTC/USD rose to a peak of $30,678.68 earlier today. Since falling below $30,000 last week, markets have been volatile, as prices have looked to establish new support and resistance levels. So far, the floor has been the $28,800 level, with a resistance point of $31,500. These were both reestablished last week. Looking at the chart, the 10-day and 25-day moving averages are still showing bearish sentiment, with both still pointing to downwards momentum. […]
May 17, 2022
The project seeks to make user data interoperable between Web 3 dapps.
May 17, 2022
Here is why the archipelago of Madeira is “adopting” Bitcoin and how its president fell down the BTC rabbit hole.
May 17, 2022
Big Four consulting firm EY has unveiled its blockchain-based supply chain manager built for the Polygon Nightfall network.
May 17, 2022
Crypto markets added 3.2% on Tuesday after nearly a week of steady declines.
May 17, 2022
The inaugural report discussed Web 3 trends and why Ethereum remains the dominant blockchain.
May 17, 2022
Recent weakness in bitcoin and equities doesn’t show any lag or lead effect, the bank’s analysts said.
May 17, 2022
Square Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The company will continue to invest in key companies in the blockchain arena, including Animoca Brands and The Sandbox, and will also consider other investments in the area. Square Enix recently sold its Western studios for $300 million, but will reportedly not use the funds to pursue these new Web3 investments. Square Enix Structures Blockchain Strategy Square Enix, the Japanese gaming company, seems determined to include blockchain and play-to-earn (P2E) as part of its business and monetization scheme for the future. In its recent earnings call, the company disclosed plans regarding blockchain and play-to-earn and the investments it will make in this area. As part of its mid-term business strategy, the company reported taking on new domains, meaning that it will be […]
May 17, 2022
The platform explores the possibilities to “improve artists’ and fan experiences,” conveying the survey among users.
May 17, 2022
This suite of tools is designed for developers to build products and services in the DeFi, GameFi, and NFT spaces.
May 17, 2022
Rep. Yoon Chang-Hyeon noted that Korean exchanges each reacted differently to the crash and he wanted to invite both Do Kwon and the exchanges involved to learn more details.
May 17, 2022
The custody and wallet tech provider is looking to expand beyond institutions involved in DeFi to a broader developer community around gaming, social media and entertainment.
May 17, 2022
The exchange previously planned to hire as many as 2,000 employees earlier this year.
May 17, 2022
PRESS RELEASE. At Bitcoin Vault (BTCV), the team pride itself on solving security issues that no one else can, which requires a great deal of creative thinking. But when a team can think outside the box, anything is possible. Now, it has been proven that creativity drives projects forward. BTCV is incredibly happy to announce that BTCV has been awarded the Gold Prize at the Muse Creative Awards for work on the SkillzVault series of events. This initiative was BTCV’s first collaboration with a new partner, ESE Entertainment. These events were announced in May 2021 and ran in Asia and South America from August to December. The events were a huge success, attracting large in-person crowds and audiences across multiple streaming platforms. This was compounded by launching the very popular NFTs promoting the events. The Muse Awards The International Awards […]
May 17, 2022
Founded in 2014, BitMEX is one of the world’s oldest crypto trading platforms, but it has never offered spot crypto trading till now.
May 17, 2022
Since last week’s Terra implosion and the demise of the blockchain project’s native token LUNA — and the algorithmic stablecoin terrausd (UST) — crypto tokens based on the Cosmos ecosystem have seen significant losses. Two months ago, the top Cosmos ecosystem coins collectively were worth $61.6 billion and since then, the Cosmos economy has lost more than 75% in value, dropping to $15.2 billion. Terra’s Fallout Stirs Cosmos Token Ecosystem The blockchain project Terra is a Cosmos-based network, which leverages the consensus protocol Tendermint, the Cosmos SDK, and the Inter-Blockchain Communication protocol (IBC). Terra’s network has a native token called LUNA and a suite of algorithmic fiat-pegged tokens such as terrausd (UST). Last week, UST lost its $1 parity and after the de-pegging event, LUNA’s value dropped well below a U.S. penny per unit. Terra’s fallout not only rippled across […]
May 17, 2022
The public advisory warned private firms to do their due diligence before hiring freelance workers, as North Koreans often use illicit tactics and stolen identities to hide their nationality.
May 17, 2022
Buying and selling crypto on a P2P marketplace does not feature charts or market indications, unlike traditional exchanges.
May 17, 2022
El Salvador welcomed 44 central bankers from developing countries around the world to tackle financial inclusion and discuss Bitcoin at a three-day conference.
May 17, 2022
China is once again contributing a significant chunk of the world’s bitcoin mining operations despite the ban last year, according to the Cambridge Centre for Alternative Finance (CCAF).
May 17, 2022
Phemex, a Singapore-based cryptocurrency exchange, is currently attracting all of the industry’s attention. Phemex is bringing back its popular Deposit Dazzle event and rewarding all active traders with a new Bitcoin and USD bonus! With the Phemex Deposit Dazzle, you may win a crypto bonus worth up to $4,500 in BTC and USD! The best aspect is that the event is simple to attend, and anyone may meet the deposit criteria. Phemex was founded in 2019 by Jack Tao and seven other former Morgan Stanley employees to promote financial inclusivity. Phemex wants to create the world’s most secure cryptocurrency derivatives trading platform. They continue to put their clients first as their community grows, never compromising or abandoning their unwavering commitment to offering the greatest quality products and services. What is the Phemex Deposit Dazzle? Long story short, the Phemex Deposit […]
May 17, 2022
The CRS described the TerraUSD crash as a “run-like” scenario where holders started to doubt the reserves that back the dollar peg.
May 17, 2022
This is the May 2022 monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure analysis, and more. Crypto Market Performance May got off to a rough start as the Federal Reserve confirmed a hawkish bias on the back of lingering inflation. Markets reacted by going risk-off. The collapse of LUNA and UST added fuel to the fire, with the result that crypto markets saw historically large drawdowns. BTC reached a low of $25.4k USD, which is 60% off its all-time high of $65k. ETH saw a comparable drawdown. Other large-cap coins fared even worse, with AVAX and SOL being down over 75% and 80% respectively from their all-time highs. During the first week of the month, gaming (play-to-earn) saw the worst performance across […]
May 17, 2022
According to Pocket Network, the latest integration with NEAR allows native developers to deploy their applications on other supported blockchains, including Ethereum, Solana, Polygon and more.
May 17, 2022
BitMEX, one of the longest-running crypto futures exchange, has pushed its spot markets live.
May 17, 2022
INTERNET CITY, DUBAI, May. 13, 2022 – LBank Exchange, a global digital asset trading platform, will list GameFantasyToken (GFT) on May 19, 2022. For all users of LBank Exchange, the GFT/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on May 19, 2022. As the latest NFT Play-to-Earn game built on the IoTeX platform, StarCrazy enables its players to collect Starz (NFTs) and fuse them for a chance to create more valuable characters. Players can also assign their Starz to mine to earn tokens, as well as get rewarded for their in-game battle skills. Its native token GameFantasyToken (GFT) will be listed on LBank Exchange at 18:00 (UTC+8) on May 19, 2022, to further expand its global reach and help it achieve its vision. Introducing StarCrazy StarCrazy is a blockchain game empowered by NFT. In StarCrazy, players […]
May 17, 2022
Janet Yellen calls on lawmakers to develop a consistent federal framework for stablecoins, Hester Peirce urges to allow room for failure and more.
May 17, 2022
The Luna Foundation Guard, the entity in charge of safeguarding the peg of UST, the stablecoin of the Terra ecosystem, has revealed how it used the available Bitcoin reserve before the recent debacle involving the Terra ecosystem. The organization sold part of the bitcoins owned directly, while another part was traded on different dates to try and stabilize the value of UST. The reserve was comprised of more than 80,000 BTC. Luna Foundation Guard Clarifies Reserve Movements The Luna Foundation Guard (LFG), the organization tasked with safeguarding the dollar peg of UST, the algorithmic stablecoin of the Terra ecosystem, has broken its silence to explain the use of the assets it had under its custody. The institution had amassed more than 80K BTC, which was to be used in case of market imbalances affecting the value of terrausd (UST). According […]
May 17, 2022
The past couple of years have seen an increasing number of investors turn towards cryptocurrencies in order to maximize their savings. This is because, when compared with traditional […]
May 17, 2022
Traders sold the tokens even as founder Do Kwon proposed a separate chain to make up for last week’s implosion of UST.
May 17, 2022
The Securities and Exchange Board of India (SEBI) has reportedly proposed banning public figures, including celebrities and sportsmen, from advertising and endorsing crypto products. The regulator also proposed that public figures be held liable for any law violations when promoting crypto products. SEBI’s Crypto Advertising and Endorsement Proposal The Securities and Exchange Board of India (SEBI), the country’s securities and commodity market regulator, has proposed prohibiting public figures, including celebrities and sportsmen, from endorsing crypto products, Businessline reported last week. In addition, the regulator proposed requiring advertisers to disclose possible law violations. SEBI recently shared its view on the subject with India’s Parliamentary Standing Committee on Finance when it was questioned about various crypto issues, sources told the publication. The regulator subsequently submitted a detailed written response to the committee. The Indian Ministry of Finance also asked SEBI to give […]
May 17, 2022
Jewel, a Bermuda-based digital asset banking platform, announced today a partnership with Tokeny, a blockchain-asset compliance infrastructure provider. Through the partnership, Jewel will power real-time settlement for digital asset institutions via its own bank-issued USD stablecoin on the Polygon, the popular blockchain development platform, offering scalable and sustainable Web3 infrastructure. Recently, Jewel applied for a combined full-service bank and digital-asset license in Bermuda and seeks to offer a range of services to institutional clients including payments, banking, custody, and lending. Longer-term, Jewel aims to offer a stablecoin-as-a-service solution to other digital asset and financial institutions B2B, allowing those businesses to provide cheaper, easier, and near real-time payments with stablecoins issued and redeemable directly at the bank level via Jewel. Jewel’s stablecoin, Jewel USD (JUSD) will eliminate the need for reconciliation and enable instant payments and transfers to members of its […]
May 17, 2022
Portugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this policy. Fernando Medina, minister of finance of Portugal, stated that the country is working on a framework to allow the taxation of cryptocurrency income gains following the principles of “justice” and “efficiency,” and declared that there cannot be gaps for any income gains to be obtained without taxation. Portugal to Tighten Cryptocurrency Taxation Policy Portugal, one of the countries that has been touted as a crypto haven due to the absence of taxation in this regard, is working on the establishment of laws that will allow it to tax these digital assets. The statements on the subject were made by the minister of finance of the country, Fernando Medina, during a state budget discussion. Medina explained: Several countries […]
May 17, 2022
As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities. New Listings on LBank ExchangeScheduled this week starting on 16th May. For a more complete list please follow our twitter @LBank_Exchange Project: ENTCListing date: 16th MayKey words: NFT, Utility, defi, Listed on BW.COM, ERC20Official Website: http://enterbutton.ioAbout: ENTERBUTTON (ENTC) strives to construct a project which establishes a harmonious relationship between the blockchain ecosystem and the entertainment business and based on its credibility and its influence within the entertainment world, it seeks to provide and distribute the best-in-class NFT entertainment products to public worldwide. ENTERBUTTON(ENTC) builds up […]
May 17, 2022
INTERNET CITY, DUBAI, May. 17, 2022 – LBank Exchange, a global digital asset trading platform, has listed Haechi (HAC) on May 17, 2022. For all users of LBank Exchange, the HAC/USDT trading pair is now officially available for trading. As a global payment platform, Haechi (HAC) utilizes the cryptocurrency to enable users to pay, compensate, and transact between existing and developing services, with features including HAC Wallet and H.PAY. Its native token HAC has been listed on LBank Exchange at 16:00 (UTC+8) on May 17, 2022, to further expand its global reach and help it achieve its vision. Introducing Haechi Platform The Haechi platform pursues a multifunctional ecosystem created for everyone. Based on the cryptocurrency, Haechi platform can be used for payment, compensation, and transactions on mobile and online services. The goal is to create a platform where users’ assets […]
May 17, 2022
INTERNET CITY, DUBAI, May. 13, 2022 – LBank Exchange, a global digital asset trading platform, will list Elia Coin (ELC) on May 13, 2022. For all users of LBank Exchange, the ELC/USDT trading pair is now officially available for trading at 16:00 (UTC+8) on May 13, 2022. Setting a new standard for blockchain platforms, the ELC platform bridges multiple blockchains and allows users to send crypto from one to the other with its multi-chain supporting wallet, while providing services such as exchange, loan, DeFi, NFT and more. Its native token Elia Coin (ELC) has been listed on LBank Exchange at 16:00 (UTC+8) on May 13, 2022, to further expand its global reach and help it achieve its vision. Introducing ELC Platform The ELC platform provides liquidity to the market through currency exchange, loans, and defi services. It also provides a […]
May 17, 2022
The cryptocurrency market plummeted in May, Bitcoin and Ethereum have lost 40% of their value compared with their all-time high in 2021, and panic has flooded the entire market. At the same time, the GPU market is also continuing to decline. Many miners have sold their GPU miners, and the mining industry has officially entered the bleak season. However, in such a crypto winter, the shipments of Ethereum ASIC mining machines are still rising steadily, and leading manufacturers such as LOYALTECH and Innosilicon have received many orders. What is the reason behind this? Some miners and investors informed us of the answer. When the price went down and the mining revenue dived, a large proportion of miners began to reduce the mining scale due to the sharp drop in the income of the GPU machines, selling the machines, and shrinking […]
May 17, 2022
With the recent cryptocurrency bear market, Metaverse crypto coins are highly undervalued. For those brave enough to buy the dip, this makes an excellent opportunity Dollar-Cost Average underrated projects that could see significant bullish momentum once the markets reverse. Today we look at our pick of the top three Metaverse crypto coins with a market cap below $40 million to watch in May 2022, ordered by the current market capitalization, lowest to highest. 3. Alien Worlds (TLM) – $32 million Launched in April 2021, Alien Worlds (TLM) is one of the most popular Metaverse crypto games built on the WAX blockchain. According to data from dApp Radar, Alien Worlds received over 730k users over the past month, speaking to the tremendous community support of the project. Alien Worlds is an NFT-based Metaverse game that users can access via the browser. […]
May 17, 2022
Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with the country’s central bank. 9,219 Bank Accounts Blocked Iran’s Ministry of Intelligence issued a statement Saturday stating that it has blocked a number of bank accounts due to suspicious foreign currency and cryptocurrency transactions, local media reported. The ministry detailed: A total of 9,219 bank accounts belonging to 545 individuals were blocked. The statement adds that the total transaction value blocked was over 60 trillion Iranian tomans, which is approximately $2 billion based on the daily dollar exchange rate in the Iranian open market. Iran’s currency recently hit a four-month low against the U.S. dollar. However, the ministry did not provide any details on the accounts or how much of the turnover was in […]
May 17, 2022
The latest innovations in blockchain technology are enabling creators to earn more from their work and achieve an unprecedented level of autonomy.
May 17, 2022
At Japan’s Liquid exchange, recently acquired by FTX, warnings were ignored, breaches unreported and employees berated and cursed at, insiders say.
May 17, 2022
COTI, a DAG protocol optimized for creating decentralized payment networks and stablecoins, has now announced another fresh partnership, this time with Cardashift, Cardano’s community-run launchpad. Cardashift will COTI explore possibilities to offer Djed to Cardashift and the projects it supports. This partnership, among over 20 others, will support the development of the Cardano DeFi ecosystem. “Cardashift is excited to announce its new partnership with COTI to support the development of the Cardano ecosystem. We do believe that strengthening links between Cardano major actors could be an efficient way to democratize blockchain technology! Cardashift and COTI will share knowledge to support impactful projects and create a virtuous Cardano investing ecosystem.”– Vincent Katchavenda, CEO, Cardashift Cardashift is a community-run launchpad that raises funds, builds, and accelerates startups that are solving social and environmental issues. Cardashift is based on the blockchain platform, Cardano. […]
May 17, 2022
QuickNode, a blockchain infrastructure platform supporting over 10 chains announced today, that to better serve its NFT customers, QuickNode has acquired icy.tools, a popular NFT analytics platform with a newly launched NFT API for developers. This acquisition will provide icy.tools with resources to accelerate their roadmap and vision and create the most reliable NFT API. The icy.tools team built a powerful analytics platform to help NFT enthusiasts, collectors, developers, and traders analyze and gather vital insights about the NFT market. Since its launch in the summer of 2021, icy.tools’ have experienced solid growth. “At the start of Icy, we had to build our own NFT infrastructure to power our product. The more we built, the more we understood the barriers that existed for other developers and launched our NFT API. Coming off our first call with the QuickNode founders, we […]
May 17, 2022
Former Federal Reserve chairman Ben Bernanke says the main use of bitcoin is “mostly for underground economy activities and often things that are illegal or illicit.” He added, “I don’t think bitcoin is going to take over as an alternative form of money.” Ben Bernanke on Bitcoin, Cryptocurrency Former Federal Reserve chairman Ben Bernanke shared his view on bitcoin and other cryptocurrencies in an interview with CBNC Monday. Bernanke is an economist who served two terms as the chairman of the U.S. Federal Reserve, from 2006 to 2014. He oversaw the Fed’s response to the late 2000s financial crisis during his tenure as chairman. Noting that the values of bitcoin and other cryptocurrencies change minute-to-minute, he said Monday: They’ve been successful as a speculative asset. However, he pointed out that “They were intended to be a substitute for fiat money,” […]
May 16, 2022
Public interest continues to grow about the metaverse, but not as much in metaverse ETFs. Does crypto belong in everything?
May 16, 2022
Coinbase app users will be able to purchase NFTs across different platforms along with trade on decentralized exchanges.
May 16, 2022
Chuck Mounts will lead the DeFi group moving forward.
May 16, 2022
Shares of the bitcoin miner that uses waste coal for energy fell slightly in after-hours trading.
May 16, 2022
Grayscale Investments has announced the launch of an exchange-traded fund (ETF) in Europe. The company’s Future of Finance UCITS ETF will list on the London Stock Exchange (LSE), Borsa Italiana, and Deutsche Börse Xetra. Grayscale Launches ETF in Europe Grayscale Investments, the world’s largest digital asset manager, announced Monday the launch of its first European exchange-traded fund (ETF) called Grayscale Future of Finance UCITS ETF (ticker: GFOF). It will list on the London Stock Exchange (LSE), Borsa Italiana, and Deutsche Börse Xetra, the company said. The announcement details: GFOF UCITS ETF tracks the investment performance of the Bloomberg Grayscale Future of Finance Index and seeks to offer investors exposure to companies at the intersection of finance, technology, and digital assets. UCITS ETFs are products domiciled in European markets that are subject to the Undertakings for the Collective Investment in Transferable […]
May 16, 2022
An unnamed individual allegedly sent more than $10 million in Bitcoin to an exchange in a country for which the U.S. currently imposes sanctions.
May 16, 2022
GemTRX Registration Link Main Official Website Company Introduction Product Introduction Official Telegram Channel Twitter Official Facebook Google App Download Gemtrxofficial Gemtrxofficial2 WhatsApp Customer Service GemTrx cloud mining offered a potentially inexpensive method of mining TRX and other cryptocurrencies. Simultaneously, quantitative trading and DeFi technology will allow you to easily engage in blockchain transactions with a small amount of capital and earn stable, insurance-like income. However, building a team to generate massive income is the most efficient strategy to increase your income. GemTRX has been advertised as a cloud mining solution for users of the TRON network. GemTRX removed the bare necessities of dealing with the technical parts of mining hardware maintenance, which a separate set of concepts promised. Because mining seemed to be a process that involved setting up high-profile hardware systems with a tangible investment, the cloud mining service […]
May 16, 2022
12 new vaults, quad-stablecoin liquidity pools and an integration with Oasis Network could be the factors behind BIFI’s current triple digit gain.
May 16, 2022
Jamestown – a global real estate investment and management firm – has partnered with leading digital currency payment enterprise Bit Pay to accept rent payments in bitcoin and assorted digital currencies. Jamestown and Bit Pay Work Together in the Name of Crypto At the time of writing, the plan extends only to properties based in the United States, though Jamestown is hoping to expand its crypto abilities to properties in Europe as well. The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative or even hedge-like statuses in recent years, many of them were initially designed to serve as payment tools. They were built to push checks, credit cards, and fiat currencies to the […]
May 16, 2022
“This has been on our radar since late last year,” said California’s Fair Political Practices Commission communications director Jay Wierenga.
May 16, 2022
Bitcoin (BTC) was roughly flat on Monday as several alternative cryptos (altcoins) underperformed. Analysts expect prices to stabilize as volatility fades.
May 16, 2022
The firm is building an infrastructure to offer crypto market access to end users, CFO André Milanez said on Monday.
May 16, 2022
Everyone celebrated the arrival of institutional investors to the bitcoin market as their rising adoption helped send prices soaring. Now, with correlations to traditional markets at an all-time high, fingers are pointing over the market swoon.
May 16, 2022
MakerDAO returned to prominence after Terra’s UST collapse forced investors to search for a truly “stable” dollar pegged asset.
May 16, 2022
La ventaja de BTC parece limitada a pesar del soporte a corto plazo.