Category : Cryptocoins News

Cryptocoins News

Indonesia's Ministry of Trade is reportedly aiming to roll out a national crypto exchange

Indonesian Trade Minister Zulkifli Hasan has set a June 2023 start date for its crypto exchange. (Read More)

Billionaire investor Ray Dalio has described fiat currency as being in serious jeopardy

Bitcoin is too unpredictable to be "effective money," according to legendary investor Ray Dalio. (Read More)

Just four men controlled 86% of stablecoin issuer Tether Holdings Limited

The Wall Street Journal reported that four persons owned 86% of Tether Holdings Limited in 2018. (Read More)

The Number of Crypto-Related Enforcement Actions in the United States Grows

Blockchain risk monitoring business Solidus Labs predicts a significant rise in US federal and state enforcement actions in 2022. (Read More)

Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch

Central bank Governor Nandalal Weerasinghe believes that adopting decentralized cryptocurrencies would worsen the country’s economic situation. On a recent visit to Sr...

YouTuber baits MMA fighter into secretly shilling fake NFTs for $1K

Coffeezilla, a YouTuber and crypto investigator, revealed that American mixed martial artist Dillon Danis promoted a fake NFT project without disclosing that he received $1,000 for the ad...

Little Shapes was a ‘social experiment’ to expose NFT botnets: founder

In a 158-page document, the team behind Little Shapes alleged that NFT scammers utilized bot networks to rug-pull “$200 million+ out of the ecosystem.” Atto, the pseud...

The world must take a 'collective action' approach to regulations – India’s Finance Minister

Nirmala Sitharaman hopes that finance ministers and central bank governors can agree on crypto regulations at the G20 meeting in Bengaluru later this month. In a recen...

Protocol Labs, Chainalysis and Bittrex add to crypto layoff season

Crypto execs suggested that the “extremely challenging” times forced them to cut jobs to “weather this extended” crypto winter. Several crypto firms have made job cuts...

FBI seizes $100K in NFTs from scammer following ZachXBT investigation

The seized property included a Bored Ape Yacht Club and Doodles NFT, 85.6 Ether and a flashy Audemars Piguet watch which ultimately helped ZachXBT identify the alleged scammer....

What Are Block Rewards in Crypto

Have you ever wondered if you could earn passive income through mining or staking cryptocurrency from your spare computer? A block reward is a certain number of coins given to a miner or validator in return for successfully adding an entirely new bl...

The IBM–Maersk blockchain effort was doomed to fail from the start

Observers can learn a few things from the failed effort by IBM and Moller-Maersk to develop TradeLens, a blockchain-enabled global trading platform. Blockchain project...

Sam Bankman-Fried's holding company files for bankruptcy

Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX’s....

Overstock-funded tZERO Crypto exchange will shut down March 6

Once a highly touted exchange, tZERO facilitates securities offerings, some of which are blockchain tokens. The tZERO Crypto exchange, whose majority owner is Overstoc...

CFTC Chair Says More Crypto Enforcement Actions To Come This Year

CFTC Chairman Rostin Benham expects 2023 to be a strong year of crypto enforcement actions.& The commodities regulator plans to grow its enforcement team with a budget increase.& Benham plans to use all the power at his disposal to go after...

CFTC head looks to new Congress for action on crypto regulation

“I will continue to engage and provide technical assistance to draft legislation, as requested,” said Rostin Behnam. Rostin Behnam, chairman of the United States Commo...

DeFi enjoys a prolific start to 2023: Finance Redefined

DeFi marks a perfect entry into 2023 with a bullish January and TVL nearing $50 billion. Welcome to Finance Redefined, your weekly dose of essential decentralized fina...

Are Cosmos’ ecosystem growth and roadmap enough to sustain ATOM’s current 50% monthly rally?

ATOM gained 50% in January, and while the broader crypto market could remain bullish for some time, does the Cosmos ecosystem have strong enough fundamentals to support further upside?...

Kazakhstan’s digital currency in pilot stage, per Binance, National Bank joint report

The Central Asian country’s CBDC project is right on time, according to a 2020 roadmap, as consumers and merchants use the currency in a controlled environment. The Na...

Core Scientific To Send 27k Mining Rigs To NYDIG To Settle $38.6 Million Debt

The NYDIG has agreed to settle a debt of $38.6 million owed by Core Scientific Inc.& The crypto mining firm will send 27,403 crypto mining rigs to NYDIG as part of the agreement.& This deal will allow the bankrupt crypto miner to move forwar...

Price analysis 2/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX

Strong U.S. jobs data for January could not pull Bitcoin and select altcoins lower, indicating a strong bullish undercurrent. Bitcoin’s (BTC) rally in 2023 has been b...

US Congress to hold ‘crypto crash’ hearing on Feb. 14

The “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets” hearing will come two months after senators met to discuss the collapse of FTX. Unite...

‘Crypto summer’ likely to start in Q2 2023, Morgan Creek Capital CEO says

Bitcoin’s bull market is likely to start earlier than expected due to anticipation of the BTC halving and favorable macroeconomic conditions, according to Mark Yusko, founder and CEO of M...

Pi Coin price prediction: Is Pi Network worth anything?

Pi coin is a highly popular cryptocurrency with over 35 million users. PI/USDT has plunged on Huobi after the developers disavowed it. Pi coin is one of the most popular and highly anticipated cryptocurrencies in the world. User metrics show th...

Value of WisdomTree’s crypto holdings fell 61.9% in Q4

The fund manager’s crypto portfolio has booked a loss in three of the past four quarters, according to recent financial statements. United States fund manager Wisdo...

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