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Cryptocurrency News

Location American Cryptocurrency News for 24 July 2022
Finland Sells 1,889 Seized Bitcoins for $47 Million -- Proceeds Going to Ukraine Finland has sold 1,889 bitcoins seized in narcotic cases for 46.5 million euros ($47.4 million). The country’s finance minister previously said that the bitcoin sale proceeds will go to Ukraine for humanitarian aid and...
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Tax Collector Wants $55 Million From Collapsed Bitcoin Ponzi Scheme MTI -- Liquidators Accused of Failing Their Duty In a fresh twist to the collapsed bitcoin Ponzi scheme Mirror Trading International (MTI) saga, revenue collector South African Revenue Services (SARS) has demanded $55.3 million from the scheme’s liquidators. The reve...
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Huobi Becomes Latest Crypto Exchange to Receive Provisional Approval From Dubai Regulator Huobi recently became the latest cryptocurrency exchange platform to be granted provisional approval by the Dubai Virtual Assets Regulatory Authority, a statement from the company has said. The provisional approval allow...
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Axie Infinity is painting a giant bearish pattern -- will AXS price crash another 95%? Axie's monthly revenue has dropped over 98% from its August 2021 peak of $364.4 million.
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Coinbase Disputes SEC's Allegation That the Exchange Lists 9 Crypto Securities Nasdaq-listed crypto exchange Coinbase has disputed the allegation by the U.S. Securities and Exchange Commission (SEC) that nine of the crypto assets traded on its platform are securities. The company’s chief legal of...
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Robert Kiyosaki Warns of 'Biggest Bond Crash Since 1788' -- Waiting to Buy Bitcoin at Lower Price The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned of the “biggest bond crash since 1788.” He stressed that the “real problem” is in the bond market, which is “40 times la...
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Stats Show Over 53,000 Wrapped Bitcoins Were Removed From Circulation in the Last 3 Months Three months ago, there were 441,546 wrapped or synthetic bitcoins on the Ethereum and Binance Smart Chain worth $17.45 billion using exchange rates on April 24, 2022. Since then, that number has dropped by 53,582 synthe...
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Credit Cards Should Not Be Used for Crypto Transactions, Taiwan's Financial Watchdog Says The financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets are risky while associa...
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Top 5 cryptocurrencies to watch this week: BTC, ETH, BCH, AXS, EOS If Bitcoin clears its overhead resistance level, ETH, BCH, AXS and EOS could resume their uptrend with surprising strength.
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Meta History Museum Raised Over $1,000,000, Releases New NFT Collection in Support of Ukraine The META HISTORY project team created Ukraine’s first NFT war museum one month after Russia’s full-scale invasion. Since then they have managed to raise $1,290,398 (803.28 ETH) for the Aid For Ukraine crypto fund, cr...
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The Merge is Ethereum's chance to take over Bitcoin, researcher says Ethereum's imminent transition to a proof-of-stake consensus mechanism will transform its monetary policy, potentially making ETH more scarce than Bitcoin.
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Targeting the US Dollar's Hegemony: Russia, China, and BRICS Nations Plan to Craft a New International Reserve Currency While inflation data in Europe and the U.S. has risen significantly higher last month, Russia and members of the BRICS countries revealed leaders in the five major emerging economies are in the midst of “creating an in...
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Krugman Says He Was 'Wrong About Inflation,' Summers Talks Recession, Biden Criticized Over 'Half-Truths and Fibs' In mid-June red hot inflation reared its ugly head in America once again, as the latest U.S. Bureau of Labor Statistics’ Consumer Price Index (CPI) report indicated that inflation in June rose at the fastest pace in ov...
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Tron is Eating into Ethereum's Share of the Tether Market, But It Will Have to Do More to Become a Serious Rival Tron (TRX) has long been the butt of jokes and insults from much of the crypto sector, stretching back to 2019 (and even earlier) and continuing to the present day. Yet in the past year or so, it has become an increasing...
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Bitcoin must close above $21.9K to avoid fresh BTC price crash -- trader Traders paint clear cut-off points for Bitcoin price action as the week draws to an end near crucial moving averages.
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Inflation Is 2022's Boogeyman

Crypto News - 24 Jul 2022 12:00
Inflation Is 2022's Boogeyman Stephen Hickson, Economics Lecturer and Director Business Taught Masters Programme, the University of Canterbury.____ An entire generation has never experienced life with high inflation. But that is set to change. Countr...
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Kenyan Activists Say Cryptocurrencies Have the 'Potential to Create New Ways for Young People to Earn' According to some Kenya-based activists, raising funds through cryptocurrency and non-fungible tokens (NFT) sales is not only faster but less costly as well. The activists added that digital currency also has the “pote...
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Ukraine's New Fiat Restrictions to Boost Popularity of Crypto, Industry Says The central bank of Ukraine has adjusted the fixed exchange rate of the national currency in U.S. dollars and introduced stricter limits on hryvnia transactions for citizens. The measures are likely to turn more Ukrainia...
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Hacker drains $1.08M from Audius following passing of malicious proposal A malicious governance proposal (Proposal #85) requesting the transfer of 18 million Audius' in-house AUDIO tokens worth $6.1 million was approved via an exploit.
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FTX to Help Voyager Customers, CEO Says Firm Willing to Deploy 'Hundreds of Millions' to Help Crypto Industry The founder and CEO of the leading exchange FTX, Sam Bankman-Fried has offered to give early liquidity to Voyager Digital’s customers, according to an announcement FTX published on July 22. Furthermore, Bankman-Fried d...
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