Crypto News

Independent Local Stablecoin Booming in South Korea’s Buyeo

The circulation of a local stablecoin operated by South Korea’s Buyeo County has exceeded the USD 93m mark as the county looks to expand the use of its token. Per Kuki News, the county has e...

French Crypto Investor Sues Australian Firm After Klaytn Deal Goes South

French businessman Alexandre Raffin, who runs the Paris-based Gains Associates, a company that allows investors to pool their money and buy crypto, has filed a lawsuit in an Australian court...

Digital Euro Summer, Enjin Filled With Millions, Biden's USD 2T Tax Plan + 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. CBDCs news The President of the Europe...

Abkhazia to Criminalize Crypto Mining and Extend ‘Temporary’ Ban

The de facto South Caucasus state of Abkhazia’s crypto mining miseries continue to deepen, with the government set to criminalize mining – and extend a mining ban as power supplies continue ...

Coin Race: Top Winners/Losers of March and 1st Quarter of 2021

March came to an end, and with it the first quarter of 2021. Both turned out to be very green for the crypto market. As a matter of fact, not a single coin's price from the top 50 by mar...

Coinbase Listing Has Largest Impact On Price Among 6 Exchanges - Messari

Among six of the major crypto exchanges, Coinbase listings have the biggest effect on a coin's price, according to a researcher at the crypto intelligence firm Messari. Its report noted ...

Customers of Small South Korean Crypto Exchanges Fear for their Funds

South Korean crypto exchanges are now among the most tightly policed trading platforms in the world after a new piece of anti-money laundering (AML) legislation promulgated last week, also p...

Tether's Assets Exceeded Its Liabilities (On February 28) - Auditor

Tether, the issuer of the most popular stablecoin, tether (USDT), published its independent accountant's report that claims that the company's assets exceed its consolidated liabilit...

Crypto Community Asks Who's Next As SEC Hits Decentralized LBRY

Crypto users and advocates are rallying somewhat uncertainly around the cause of the decentralized content platform operator LBRY. The operator has been hit with a USD 11m legal challenge fr...

Russia Wants to Use the Digital Ruble to Power its USD Purge

The politician charged with putting together Russia’s crypto regulation legislation and forming the nation’s financial policy has spoken about the need to purge the United States dollar from...

Ripple Goes For M&A in Asia Amid Legal Battle In US

US-based major blockchain company Ripple that is still fighting a major legal battle with American regulators said it has agreed to acquire 40% in Tranglo, an Asian cross-border payments spe...

Crypto Market Sentiment Slips; XRP Wins Week

Following two weeks of unchanged market sentiment, there's finally been a move - and for the worse. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins...

Visa Starts Settling Transactions in USD Coin On Ethereum

Payments giant Visa partnered with major crypto company Crypto.com in order to settle transactions in the second-largest steblecoin USD Coin (USDC) with Visa over Ethereum (ETH). "Working w...

Bitcoin, Ethereum and Altcoins Show Positive Signs

Bitcoin price remained stable above USD 52,000 and it climbed above USD 53,000. BTC even spiked above the USD 53,500 and it is currently (13:45 UTC) showing positive signs. If there is a dai...

Central Banks Focus On Financial Inclusion As Cryptos Get Traction

Central banks are seemingly looking to steal the show from decentralized cryptocurrencies as they are also aiming to increase financial inclusion by issuing central bank digital currencies (...

Law Firm Slaps BitClout Creator With a Cease and Desist Letter

As a lawyer implied would happen, a prominent law firm sent a cease-and-desist letter to the alleged creator of the new, fast-turned-controversial, blockchain-based social network BitClout. ...

Bitcoin, Ethereum and Altcoins Consolidate Losses

Bitcoin price settled below the USD 55,500 and USD 55,000 support levels. BTC is consolidating losses and it is currently (12:30 PM UTC) trading above USD 54,000. If there is no upside break...

South Korean Deputy PM Make Crypto ‘Overheating’ Claim as Alt Interest Rises

In a potentially ominous sign for the South Korean crypto community, the nation’s deputy prime minister Hong Nam-ki has called the crypto market “overheated.” Politicians speaking out in dis...

Crypto Market Sentiment Unchanged; BNB Outperforms Its Peers

After approaching the positive zone last week, the market sentiment stopped in its tracks it seems - not moving either way. The average 7-day moving crypto market sentiment score (sentscore)...

Unconfirmed Report From Court Hearing May Have Sparked XRP Rally

Recent statements by an attorney who claims to have attended a court hearing in the ongoing US Securities and Exchange Commission (SEC)'s case against blockchain company Ripple might hav...

Bitcoin, Ethereum and Altcoins Showing Positive Signs

Bitcoin price is seemingly regaining strength and it is back above the USD 58,000 resistance. BTC even cleared USD 58,500 and it is currently (12:30 PM UTC) gaining momentum. If it clears US...

If a CBDC Is an ‘Instrument of Control,’ It’ll Fail – Expert

A financial expert has hit out at the Russian Central Bank’s digital ruble project, hinting that it amounts to a plan to control the entire financial system – and claiming that if this is th...

SEC Lists 3 Reasons for Seeking Ripple Execs' Financial Info on XRP Deals

The US Securities and Exchange Commission (SEC) explained why they require personal financial information about executives in their case against blockchain company Ripple, claiming it to be ...

Livepeer Up 252% in a Day After Grayscale Trust Launch

After US-based major cryptoasset investment firm Grayscale launched its new trusts, livepeer (LPT), the native digital currency for the Livepeer Network, became the hottest coin on the marke...

Thai Central Bank Sets A Precedent By Banning Baht-pegged Stablecoin

The Thai central bank, the Bank of Thailand, has taken the unprecedented step of banning a fiat baht-pegged stablecoin, claiming that it could undermine the Thai public’s confidence in the e...

Grayscale Launches Chainlink, Filecoin, BAT Trusts As Bitcoin Trust Closed

US-based major cryptoasset investment firm Grayscale launched five new trusts, while its biggest, bitcoin (BTC) trust is unavailable for investing again. The Grayscale family has been joined...

Bitcoin and Ethereum Looking For Buyers, XRP Outperforms

Bitcoin price recovered from the USD 53,200 zone and climbed above the USD 54,500 and USD 55,000 resistance levels. It is currently (12:30 PM UTC) consolidating, with major hurdles near USD ...

Warnings as Crypto, Digital Yuan Fraudsters Run Wild in China

Chinese media outlets are reporting a sharp rise in bogus crypto, blockchain and digital yuan-related schemes in the country, as bitcoin (BTC) prices rise and the rollout of the Chinese cent...

6,000+ XRP Holders Want to Testify, Bitcoin Stimulus + 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. Legal news The case of Ripple versus t...

Hoskinson: 100+ Companies Ready to Leave Ethereum for Cardano

Cardano (ADA) supremo Charles Hoskinson claims that his project is poised to steal some of Ethereum (ETH)’s thunder – with claims that “more than 100 companies” are “in the pipeline,” and wi...

China May Target Tether after Digital Yuan Launch – B2C2 Japan CEO

Tether (USDT) could emerge as an unlikely target for the Chinese central bank, the People’s Bank of China (PBoC), when it rolls out its digital yuan ahead of next year’s Winter Olympic Games...

Binance Investigated by CFTC in US - Report

Major crypto exchange Binance is being investigated by the US Commodity Futures Trading Commission (CFTC) over concerns that it allowed Americans to place wagers that violated US rules, Bloo...

Bitcoin Almost Unchanged, Ethereum, Altcoins Show Mixed Results

Bitcoin price corrected lower from the USD 58,000 resistance. However, BTC is still trading above the USD 56,000 level and is almost unchanged in a day. The current (12:30 PM UTC) price acti...

SEC ‘Wants to Know How Much We Spend on Groceries,’ Say Ripple Execs

The long battle between the American regulatory Securities and Exchange Commission (SEC) and the XRP issuer Ripple has taken a personal turn – literally – with the SEC seeking personal finan...

Video Cards, Crypto Mining Facility Demand Soars in Russia

The demand for video cards and ready-made bitcoin (BTC) and altcoin crypto mining centers is rising astronomically in Russia as more people in the nation flock to the fast-expanding sector. ...

Bitcoin Still Consolidates, Ethereum and Altcoins Correct Lower

Bitcoin price corrected lower from well above USD 57,000. BTC broke the USD 56,000 level and it even spiked below the USD 55,000 support. It is currently (12:30 PM UTC) recovering and is con...

SEC Hits out at Ripple’s ‘Lack of Due Process’ in Letter to Judge

Ripple’s regulatory woes have deepened again after the US Securities and Exchange Commission (SEC) petitioned the judge in the company’s legal battle to dismiss arguments in the company’s de...

Ripple and YouTube End the Court Battle

Ripple, an American blockchain company focusing on payments technologies, and major video platform YouTube have reached an agreement to end the court battle. In a Twitter thread, the compan...

South Korea’s Shinhan, LG CNS Unveil CBDC Platform

The South Korean commercial banking giant Shinhan and LG CNS, the IT services arm of the electronics conglomerate LG, have unveiled their joint pilot platform for central bank digital curren...

XRP Jumps as Ripple's Partnership With MoneyGram Ends (For Now)

XRP moved higher after US-based blockchain company Ripple announced that its partnership with the American money transfer firm MoneyGram has ended for now. At the time of writing (05:24 UTC...

Crypto Market Sentiment Unchanged; XRP Wins the Day, Loses the Week

While the crypto prices have remained on similar levels over the past week, the market sentiment remained largely unchanged. After it had dropped out of the positive zone last week, the aver...

PAID Crashes on Alleged Massive Exploit News

PAID, the native token of PAID Network, a DeFi-focused protocol, crashed by almost 80% in less than an hour on major exploit news. Per multiple comments on Twitter, the exploit is worth aro...

Novogratz Brands Dogecoin a ‘Joke,’ Tells Mark Cuban to Steer Clear

Michael Novogratz, the CEO of the crypto financial services firm Galaxy Digital, has dismissed dogecoin (DOGE) as a “joke” – and has hit out at the outspoken Shark Tank and new DeFi star, Da...

Ripple Replies to SEC, Claims It Caused Damage to XRP Holders

In an ongoing legal battle, San Francisco-based blockchain company Ripple filed a response to the US Securities and Exchange Commission (SEC), repeating that XRP is not a security nor was it...

Larsen’s Lawyer Asks Court To Dismiss SEC’s Case Against Him

While Ripple’s legal woes continue to cast a shadow over the future of the company and XRP, an attorney representing Chris Larsen, the firm’s Co-founder and Executive Chairman, has filed a m...

Japan Edges Closer to its First IEO – an NFT Platform

Japan is about to welcome its first initial exchange offering (IEO) – and yes, you guessed it, as with almost everything else that is currently happening in the crypto world, it’s non-fungib...

Enjin New Solutions 'Bring Scaling to Ethereum, Remove Fees, Support NFTs'

Ecosystem of blockchain software products Enjin (ENJ) has announced today a set of scaling solutions which they claim "remove gas fees from any blockchain" - the first of which is planned fo...

Tether's Supply Dominance Hits Record Low as USDC & Co Rise

As USD coin (USDC) strengthens its positions, tether (USDT) is losing its market share, according to crypto intelligence firm Coin Metrics. That said, stablecoins, in general, are again on t...

Ex-Block.One CTO Larimer Makes a Comeback With Social Network Project

Well-known blockchain developer Daniel Larimer is back with plans for a new, "logically decentralized" communication platform dubbed Clarion, being showered with both praise and criticism fo...

Crypto ATM Provider CoinFlip Adds Dogecoin, 'Validating Its Legitimacy'

US-headquartered Bitcoin (BTC) ATM provider CoinFlip said it has added dogecoin (DOGE) to its 1,800-terminal network. Though it started out as the internet meme, "this announcement validate...