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Cryptocurrency News

Location American Cryptocurrency News for 7 August 2021
Tencent, Alibaba Try to Pursue NFT Business - But Not as We Know It Two of China's biggest tech giants have quietly launched their own non-fungible token (NFT) trading platforms in recent weeks - despite the fact that the country's authorities are currently waging an all-out war on crypt...
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Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory Scrutiny Former acting Comptroller of the Currency Brian Brooks has resigned as the CEO of Binance U.S. after just over three months. He cited “differences over strategic direction.” Meanwhile, Binance is facing regulatory sc...
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British Auction House Christie's to Auction Cryptopunks, Meebits, Bored Apes NFTs The well known luxury auction house Christie’s has announced the company’s first non-fungible token (NFT) art sale in Asia on September 17. According to the announcement, the NFTs will feature Cryptopunks by Larva La...
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Axie Infinity Hits 1 Million Daily Active Players, First NFT Project to Hit $1B All-Time Trade Volume The Ethereum game Axie Infinity continues to see demand as the developer Sky Mavis revealed on Friday there are now more than 1 million daily active players. Additionally, the game token utilized within the Axie Infinity...
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Tesla CEO Elon Musk Opposes 'Hasty' Cryptocurrency Regulation Tesla CEO Elon Musk says there is no crisis that compels hasty cryptocurrency regulation. He agrees with Coinbase CEO Brian Armstrong that the U.S. government should not pick winners or losers in cryptocurrency innovatio...
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Bitcoin erases May crash losses as BTC price rebounds to $44K Indicators suggest that Bitcoin is looking to repeat the October 2020-like rally that sent the prices from $10,000 to $65,000.
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US Senator Urges Congress to Stop Treasury From Picking Winners and Losers in Crypto U.S. Senator Pat Toomey has called on Congress to stop the Treasury Department from maximizing its ability to regulate and tax crypto by picking winners and losers. “Congress should not allow that to happen,” he said...
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Play-to-earn games are the catalyst for this bullish period in the markets The gaming industry is going through a massive growth phase, and the play-to-earn model opens new opportunities for blockchain gaming.
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Treasury Secretary Yellen Privately Lobbies Against Tax Amendment Crypto Industry Wants: Report U.S. Treasury Secretary Janet Yellen has reportedly raised objections to lawmakers about the cryptocurrency tax amendment to the $1 trillion infrastructure bill that is supported by the crypto community. The White House ...
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Uncollateralized Lending Platform Truefi Raises $12.5 Million From A16z, Alameda and Blocktower Truefi, an uncollateralized loan platform, has raised $12.5 million from three important investors. The token sale was led by Blocktower, a New York-based cryptocurrency investment firm. Other important investors were Al...
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Ethereum Burning Fee, Pantera Trimming BTC and 20 Crypto Jokes What a week! We left the green July behind, while market sentiment made a jump led by BTC, ETH, and BNB. And then, Ethereum finally arrived to London, the burning began, and we looked into what EIP-1559 does and does not...
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What form of digital assets will be the future of payments? Not all digital assets would be treated as sternly as cryptocurrencies and not all of them will become the future of money.
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Genesis Report Highlights 'Emerging Role' of Ethereum and Defi in Q2 2021 Genesis Digital, a leading cryptocurrency trading, lending, and custody desk, released its Q2 reports, where it confirms what it calls the “emerging role” that Ethereum and defi have in the industry. The report also ...
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Hip-Hop Star Megan Thee Stallion Creates 'Bitcoin for Hotties' Video to Educate Millions of Fans About Crypto Award-winning hip-hop artist Megan Thee Stallion has published a video of herself explaining the basics of bitcoin, including what it is, why it is valuable, and how to obtain it. The famed rapper previously gave away $1...
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Binance Restricts Crypto Derivatives Products in Hong Kong, Existing Positions Have 90 Days to Close Fresh off the heels of Binance’s last announcement to discontinue crypto derivatives offerings in Germany, Italy, and the Netherlands, the company revealed on Friday crypto derivatives products in Hong Kong will cease ...
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Altcoin Roundup: Hodling Ethereum? Here's how and where to stake your ETH The options for earning passive income from staking ETH continue to expand. Here are a few.
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