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Cryptocurrency News

Location American Cryptocurrency News for 29 October 2021
UK Police Seize Bitcoin Worth $2.8 Million From Teen Operating Scam Website British police have seized bitcoin worth almost $3 million from a teenager who set up a fake website to scam consumers. “At the time they were worth £200,000. They are now worth a little over £2 million.” UK Police...
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Users unable to sell Squid Game token clocking 45,000% gains The crypto community suspects the token inspired by the Netflix show Squid Game of being a scam.
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Major Russian bank explores crypto investment amid strong demand One way or another, Russians get exposure to crypto even if they go abroad, Tinkoff Investments' head said.
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AMC Theatres CEO considers adding Shiba Inu as payment for ticket purchases If the will of the people prevails, the ability to buy AMC movie tickets with Shiba Inu tokens may soon become a reality.
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Big Miners and Holders Keep Accumulating Bitcoin: Kraken's 'Shocktober' Report Mining operators and holders keep accumulating Bitcoin, according to the latest Kraken intelligence report, titled “Shocktober.” In the report, several metrics allude to a bullish view for the months to come. In cont...
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Kazakhstan expects at least $1.5B in economic activity from crypto mining within 5 years Kazakhstan currently ranks No. 2 in the world in terms of Bitcoin mining hash rate.
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Ethereum's new all-time high prepares ETH for 'continuation to $5,000' Analysts say multiple factors point toward ETH rallying to $5,000 and BTC is not expected to encounter significant resistance until $85,000.
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Why Crypto Needs To Be Regulated

Crypto News - 29 Oct 2021 21:00
Why Crypto Needs To Be Regulated Viktor Prokopenya is a London-based fintech investor and the Founder of VP Capital, an investment vehicle focused on the technology sector.______ Could we live in a world without rules? In theory, yes - we can live with ...
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No Plans to Make US Dollar Sole Currency, Zimbabwean Finance Minister Calls Idea 'Suicidal' The Zimbabwean Finance Minister, Mthuli Ncube, recently told business leaders that he is not planning to make the U.S. dollar the country’s sole currency again. Government Focused on Strengthening Local Currency Instea...
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Total Value Locked in Cross-Chain Defi Bridges Exceeds $22 Billion, Jumping 48% in 30 Days On October 29, the total value locked (TVL) in decentralized finance (defi) protocols is around $243 billion with Curve capturing 7.76% of the dominance. Meanwhile, as ethereum has the largest dominance of TVL in defi, a...
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Crypto Scams that Rocked Asia to the Core, Part 2: PlusToken Asia has been through more than its fair share of nasty crypto scam dramas, from the Mt. Gox scandal right through to 2021 and its plethora of AI-powered fraudsters. In part 2 of a three-part series, Cryptonews.com looks...
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$100 in Free Bitcoin: NBA Team Dallas Mavericks and Voyager Kick Off Partnership With BTC Bonus The NBA team Dallas Mavericks has partnered with crypto platform Voyager and is offering its fans a $100 bonus in bitcoin to sign up and trade crypto on the partnered platform. “We’re going to come up with new ways t...
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New Millions For Crypto Projects, Booming Crypto Careers + More News Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news._____ ...
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Ethereum Captures New All-Time Price High -- ETH Market Cap Surpasses $510 Billion Nine days ago, bitcoin reached a new all-time high (ATH) and now the second leading crypto asset ethereum has tapped an ATH on Friday morning. Ethereum reached a high of $4,416 per unit and has since retreated around 2% ...
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Huobi closes crypto derivatives as part of wind-down for Chinese traders By shutting down derivatives trading on Huobi, the company takes one more step toward closing its operations in China.
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Australian Regulator Gives Thumbs Up to Bitcoin, Ethereum ETFs The Australian Securities and Investments Commission (ASIC) has released a set of guidelines for crypto-backed exchange-traded funds (ETFs) in Australia, which could mean Australians will be able to trade bitcoin (BTC) a...
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Kazakhstan Expects $1.5 Billion From Crypto Mining in 5 Years, Estimates Suggest Crypto miners now bring more than $230 million into the economy of Kazakhstan each year and estimates show the figure could increase significantly in the future. The industry’s leading organization has projected that t...
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Biggest Bitcoin fund in the world could become ETF by July as GBTC nears $40B AUM Filing to convert GBTC now is "perfect timing," the company's ETF head argues, but concerns remain over the overall strength of the industry.
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Australian securities regulator issues guidelines for crypto ETPs The Australian securities regulator decided not to require crypto ETF providers to hold domestic crypto custody.
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Bitcoin and Ethereum Consolidate, MANA Surges

Crypto News - 29 Oct 2021 11:07
Bitcoin and Ethereum Consolidate, MANA Surges Bitcoin price failed to settle above USD 62,000 and started a downside correction. BTC traded below USD 61,200, but it is currently (11:55 UTC) well above USD 60,000. To start a fresh increase, the price must clear USD 6...
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Cream Finance Suffers $130 Million Hack

Bitcoin.com - 29 Oct 2021 11:00
Cream Finance Suffers $130 Million Hack Ethereum defi protocol Cream Finance suffered an exploit yesterday that allowed attackers to steal $130 million from its holdings. The news was first revealed by Peckshield, a blockchain analytics company that discovered...
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Ethereum Tests All-Time High as On-Chain Activity Grows, SHIB Burns ETH The price of ethereum (ETH) briefly touched a new all-time high on Friday, with key on-chain metrics growing faster than competitors over the past month. Meanwhile, the current meme coin craze is also contributing to ETH...
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