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Cryptocurrency News

Location American Cryptocurrency News for 6 August 2022
India Freezes Crypto Exchange Wazirx's Bank Assets -- Binance Claims Acquisition of Wazirx Was 'Never Completed' A major Indian cryptocurrency exchange, Wazirx, has had its bank assets of more than $8 million frozen by the Directorate of Enforcement (ED). The exchange was supposedly acquired by Binance in 2019. However, Binance CEO...
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Bitcoin Art: 5 Places That Sell Physical Crypto-Inspired Artwork Bitcoiners are increasingly buying Bitcoin (BTC)-themed artwork to decorate their home offices and living rooms, creating a growing demand for Bitcoin art. To meet that demand, more and more artists are selling physical ...
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Nigerian Currency Recovers Versus US Dollar -- Central Bank Says Importers Must Repatriate Forex Earnings After touching a new all-time low of N710 per dollar in late July, a new report says the Nigerian currency has rebounded by as much as 10%. After initially blaming speculators, the Central Bank of Nigeria has said import...
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UK Parliamentary Group Seeks Views of Crypto Industry Players A parliamentary group in the United Kingdom, the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it had launched an inquiry that will examine the country’s present approach to crypto and d...
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Japanese Crypto Industry Urges Tokyo to Reform Tax Laws Japanese cryptoasset-related firms have urged the government to make tax reforms - claiming that the current system is out of sync with tax rules in other countries. The proposals come from the Japan Cryptoasset Business...
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Debridge Finance Suspects North Korean Hacking Syndicate Lazarus Group Attacked the Protocol's Team According to the co-founder of Debridge Finance, Alex Smirnov, the infamous North Korean hacking syndicate Lazarus Group subjected Debridge to an attempted cyberattack. Smirnov has warned Web3 teams that the campaign is ...
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Weekend Bitcoin was consolidating above $23,000 to start the weekend, as traders continue to react to yesterday’s nonfarm payrolls figure. It was confirmed that 528,000 jobs were added to the U.S. economy in July, which helped...
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Bitcoin Price Outlook for August: BTC Faces Some Important Tests in the Coming Weeks Exactly one month ago today, bitcoin was trading below $20,000 per unit as crypto markets continued to react to growing levels of inflation and central bank policy. However, a month later, the world’s leading crypto to...
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Alleged BTC-e Operator Alexander Vinnik in US Custody After Immediate Extradition From Greece Russian IT specialist Alexander Vinnik, accused of owning and running the infamous crypto exchange BTC-e, has been handed over to the U.S. This week, Greek authorities proceeded with the extradition, after his return fro...
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Voyager to Allow Cash Withdrawals for Customers With US Dollars Held in Accounts Following the bankruptcy judge approving the release of $270 million in cash deposits, the crypto firm Voyager Digital has announced that it plans to open cash withdrawals starting on Thursday, August 11. After the cash ...
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A Second Ethereum PoW Chain Idea Gains Traction, Poloniex to List 'Potential Forked' Token Markets Five days ago, the influential Chinese crypto miner, Chandler Guo, explained that a proof-of-work (PoW) version of Ethereum is “coming soon” as the community prepares for the network’s transition to proof-of-stake ...
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Biggest Movers: AVAX Nears 2-Month High, FIL up 15% Despite Weekend Volatility Avalanche was trading close to a two-month high on Saturday, despite markets mostly consolidating. Another exception was filecoin, which surged to start the weekend, climbing by over 10% in today’s session. As of writi...
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Bitcoin price: weekend volatility 'expected' with $22K level to hold BTC/USD could hit $30,000 if the current daily trend of higher highs and lows continues, one trader says as the market avoids weekend losses.
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Latest Turkey Inflation Rate of 79.6% the Highest in 24 Years -- Weakening Lira and Russia-Ukraine War Blamed According to the latest data from the Turkish Statistical Institute, the country’s annual inflation rate for the month of July was 79.6%, the highest in 24 years. Rising transportation costs, food and non-alcoholic bev...
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