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Cryptocurrency News

Location American Cryptocurrency News for 6 March 2023
Ripple CEO Warns of Harm to Crypto Industry if SEC Wins Lawsuit Over XRP The CEO of Ripple Labs has warned of the harm to the crypto industry if the U.S. Securities and Exchange Commission (SEC) is able to prevail in its lawsuit against Ripple over xrp. He cautioned that the SEC’s enforceme...
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Binance's Efforts to Woo SEC Chairman Gensler for US Regulatory Relations Uncovered - Here's What Happened Binance approached US Securities and Exchange Commission chairman Gary Gensler in 2018 and 2019 to become an advisor for the firm. That's according to a new bombshell report published by the Wall Street Journal on Sunday...
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Terawulf Energizes First Nuclear-Powered Bitcoin Mining Facility in the US, Plans to Expand Operations Terawulf, a bitcoin mining operation, has announced that it has energized the first nuclear-powered bitcoin mining facility in the United States at the company’s Nautilus Facility in Pennsylvania. According to the comp...
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Troubled Crypto Lender Babel Finance Eyes Restructuring with Stable Asset Project - How Does it Work? The troubled crypto lending firm Babel Finance is working on a new plan to raise money through a crypto-backed stablecoin. The new stablecoin that is being proposed is called Babel Recovery Coin. The plan is for the coin...
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Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents The Rollkit development team has announced that Bitcoin has been integrated as a means for sovereign rollups to store and retrieve data. The developers have stated that it is now possible to run the Ethereum Virtual Mach...
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Crypto Listing and Delisting Announcements: Week 10 Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new ...
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Frax's shift to a fully backed stablecoin signals the end of DeFi's algorithmic experiment The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model.
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Alvey Chain Introduces World's First Next-Generation Virtual Reality Multiverse Exchange PRESS RELEASE. London – Alvey Chain, a decentralized Layer 2 Blockchain built on Ethereum Chain, also a leading provider of blockchain technology solutions, is proud to announce the launch of its next-generation Virtua...
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While Bitcoin's Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’...
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Biggest Movers: ETC Remains Near 2-Month Low, LTC Down by 4% on Monday Ethereum classic remained near a two-month low on March 6, as a cloud of uncertainty continued to hover over markets. The global crypto market cap remained bearish to start the week, and is down 0.55% at the time of writ...
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Israel's Tax Authority Probes NFT Creators Over Alleged Tax Evasion Israel Tax Authority has arrested two NFT creators for charges of tax evasion and money laundering after allegedly failing to report $2.2 million in sales throughout 2021. According to a recent report by Israeli news out...
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Terra Luna Classic Price Prediction as LUNC Bounces From Support - Can LUNC Keep Going Higher? Last Friday's crypto market dip on Silvergate Bank concerns weighed heavily on Luna Classic (LUNC), the cryptocurrency that powers the original but not largely defunct Terra blockchain ecosystem. After dipping more than ...
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Today in Crypto: ByBit Announces Card, PancakeSwap to Launch V3 on BNB Chain, Egypt Arrests 29 Scammers, Pakistan Banks' Association to Develop a Blockchain-based KYC Platform 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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Bitcoin Miners Prepare for Upcoming Difficulty Increase in the Face of Market Uncertainty Bitcoin (BTC) miners are preparing for another difficulty adjustment this week, as the computational power required to mine new coins reaches its highest level ever. The next difficulty adjustment, which is expected to o...
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Redemption and Reshuffling: BUSD's Exit From Top 10 Cryptocurrencies Shakes Market Valuations It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. ...
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Is the IMF shutting the door prematurely on Bitcoin as legal tender? Should the International Monetary Fund leave the door open for developing countries struggling with inflation? "Bitcoin was made for the Global South."
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45% of S Korean Crypto Users Predict a Bitcoin Price Rise This Week Almost half of South Korean crypto holders think Bitcoin (BTC) prices will rise this week, a survey has found. The survey was conducted by the researcher Pharos Labs (Kratos) and the crypto market information provider Co...
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Technical discussions take center stage at Advancing Bitcoin conference in London A look back on a highly technical Bitcoin conference hosted in London, in which ordinals, silent payments and the Lightning Network were studied and discussed.
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Bitcoin, Ethereum Technical Analysis: Volatility in BTC, ETH Remains High to Start the Week Bitcoin consolidated for a third straight session, as markets prepared for a big week of U.S. economic data. Later this week, nonfarm payrolls will be posted, with Federal Reserve chair Jerome Powell also speaking in the...
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Early Tornado Cash Contributor Builds Improved Version of Blacklisted Coin Mixer - Here's How it Works Half a year after lead developer Alexey Pertsev was arrested in the Netherlands, the Tornado Cash coin mixer has been rebuilt and redeployed as Privacy Pools. Originally the thought-child of Vitalik Buterin, Tornado Cash...
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Nigeria Fintech Flutterwave Denies Client Account Hacking Reports The Nigerian fintech Flutterwave has rejected reports suggesting that hackers have stolen as much as $6.3 million from user accounts. The fintech firm said a routine check of its transaction monitoring system helped to u...
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Shiba Inu Price Prediction as $150 Million Trading Volume Comes In - Are Whales Buying the Dip? Shiba Inu has suffered a 1.5% fall in the past 24 hours, dropping to $0.00001105 following a difficult weekend for the cryptocurrency market as a whole. The meme token is now 14% down in a week and 13% down in the last 3...
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