Crypto News

SEC Demands 'Terabytes' of Ripple Employees' Slack Messages

SEC Demands 'Terabytes' of Ripple Employees' Slack Messages

The Ripple v. the US Securities and Exchanges Commission (SEC) war continues - now, the SEC is demanding terabytes worth of communication platform Slack messages between Ripple employees, ar...

USDC Issuer Circle Set to Turn Into Full-Reserve National Commercial Bank

USDC Issuer Circle Set to Turn Into Full-Reserve National Commercial Bank

US-based crypto company Circle, the issuer of the second-most popular stablecoin USD Coin (USDC), said it's on a journey towards becoming "a national digital currency bank." Per today...

Crypto Market Sentiment Keeps Rising

Crypto Market Sentiment Keeps Rising

Crypto market sentiment has now increased for the third week in row - making strides back towards the positive zone. The average 7-day moving crypto market sentiment score (sentscore) for te...

Samsung ‘Will Join Kakao’ to Trial Offline Payments for S Korea’s CBDC

Samsung ‘Will Join Kakao’ to Trial Offline Payments for S Korea’s CBDC

Two Samsung affiliates are reportedly set to join a number of Kakao subsidiaries in piloting the Bank of Korea (BOK)’s central bank digital currency (CBDC) prototype – with reports claiming ...

Bitcoin and Ethereum Correct Gains, Dips Remain Supported

Bitcoin and Ethereum Correct Gains, Dips Remain Supported

Bitcoin price failed once again to clear the USD 40,000 resistance. BTC corrected gains and traded below the USD 39,000 pivot level. It is currently (12:11 UTC) struggling to stay above USD ...

7-Eleven Branch Workers Thwart Crypto Fraudsters

7-Eleven Branch Workers Thwart Crypto Fraudsters

Convenience store operators and workers who thwarted two separate crypto scams have been handed special awards by Japanese police. According to Ryuku Shimpo, officers in Naha, Okinawa Prefec...

FTX Sees 'Explosive Growth' With More than 1M Sign-Ups This Year

FTX Sees 'Explosive Growth' With More than 1M Sign-Ups This Year

A two-year-old crypto unicorn, derivatives exchange FTX, just showed an "explosive growth and adoption" as it has seen more than a million sign-ups in the first half of 2021, marking a nearl...

Bitcoin and Ethereum at Make-or-Break Levels, Altcoins Struggle

Bitcoin and Ethereum at Make-or-Break Levels, Altcoins Struggle

Bitcoin price tested the USD 37,500 zone before recovering higher. BTC is currently (12:18 UTC) consolidating near USD 38,000 and it is facing many hurdles. To start a stronger increase, the...

Coinbase Stops Bitcoin SV Trading Following 5th Attack

Coinbase Stops Bitcoin SV Trading Following 5th Attack

Major crypto exchange Coinbase has stopped bitcoin SV (BSV) trading following the latest in a string of attacks on the network. "Due to the 51% attack that has occurred on BSV today we are ...

Bitcoin and Ethereum Test Key Support

Bitcoin and Ethereum Test Key Support

Bitcoin price started a downside correction below the USD 39,200 support. BTC even traded below USD 38,500, but the bulls were active near USD 38,000. It is currently (12:12 UTC) testing USD...

Monero Unmoved after Ex-Maintainer Fluffypony Is Extradited on Fraud Wrap

Monero Unmoved after Ex-Maintainer Fluffypony Is Extradited on Fraud Wrap

The most popular privacy coin monero (XMR) appears to have been largely unaffected by the news of the extradition of its former lead maintainer Fluffypony – who will face fraud charges in So...

Crypto Market Sentiment Jumps, Led by Bitcoin and Binance Coin

Crypto Market Sentiment Jumps, Led by Bitcoin and Binance Coin

Following the last week's shift upwards, market sentiment has continued rising. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins is 5.71, showing a ...

Coin Race: Top Winners/Losers of July; Bitcoin, ETH Jump, DOGE Drops

Coin Race: Top Winners/Losers of July; Bitcoin, ETH Jump, DOGE Drops

Perhaps somewhat surprisingly, July ended up being a green month. Despite the drops and sideways trading, the second half of the month did see an increase in crypto markets which pulled the ...

Japan’s Crypto Titans Post High Crypto Biz Profits, Pivot Towards Altcoins

Japan’s Crypto Titans Post High Crypto Biz Profits, Pivot Towards Altcoins

Two of Japan’s biggest crypto players – the financial giants the SBI and Monex groups – have posted high crypto profits in their second-quarter reports. Both firms have a range of diverse cr...

EU-backed Fund Teases ‘Digital Asset’ Investment Drive in a Surprise Move

EU-backed Fund Teases ‘Digital Asset’ Investment Drive in a Surprise Move

A fund that is backed by EU bodies such as the European Investment Bank (EIB) and the European Commission is set to back a project “specializing in blockchain technologies” that will “invest...

Ripple Teases ‘Explosive’ Growth in Asia after Japan Remittance Deal

Ripple Teases ‘Explosive’ Growth in Asia after Japan Remittance Deal

Ripple has deepened its relationship with its biggest Asian partner, the Japanese financial giant SBI – with a remittance deal it has labeled the “first live on-demand liquidity offering in ...

Crypto Market Sentiment Changes Direction As Bitcoin Improves

Crypto Market Sentiment Changes Direction As Bitcoin Improves

After the market sentiment saw a notable drop a week ago, it's now starting to move in the opposite direction. The average 7-day moving crypto market sentiment score (sentscore) for ten ...

Suspected USD 330M Crypto Scammer: Set Me Free and I’ll Refund Investors

Suspected USD 330M Crypto Scammer: Set Me Free and I’ll Refund Investors

Javier Biosca, a man accused of masterminding a Spanish crypto-themed fraud project believed to be worth over USD 330m, has appeared before a court to deny that he intended to cheat investor...

Bitcoin and Ethereum Trim Gains, Altcoin Rally Slows Down

Bitcoin and Ethereum Trim Gains, Altcoin Rally Slows Down

After almost touching the USD 32,900 level, BTC corrected lower and is now (12:09 UTC) consolidating its gains below the USD 32,500 level. BTC is still outperformed by ETH and multiple altc...

Facebook’s ‘Metaverse’ Plans Meet Optimism and Scorn from Crypto Fans

Facebook’s ‘Metaverse’ Plans Meet Optimism and Scorn from Crypto Fans

The Facebook founder Mark Zuckerberg has gone public with his ambitions to transform his social media giant into a “metaverse company,” a move that could potentially have an impact on the fi...

RUNE Recovers 11% After Crash and Thorchain USD 8M Hack

RUNE Recovers 11% After Crash and Thorchain USD 8M Hack

Following another hack suffered by blockchain protocol Thorchain, and the sharp drop in RUNE's price, the coin is now recovering. The price of the native token crashed 23% in a couple of...

Bitcoin, Ethereum and Altcoins Eye Additional Gains

Bitcoin, Ethereum and Altcoins Eye Additional Gains

Bitcoin price remained well bid above the USD 31,200 pivot level. BTC even settled above USD 32,000 and it is showing bullish signs. It is currently (13:39 UTC) gaining pace and it could cli...

XLM Rallies as Stellar Is Said To Be Mulling MoneyGram Acquisition

XLM Rallies as Stellar Is Said To Be Mulling MoneyGram Acquisition

Amidst the most recent news of potential acquisition involving US money-transfer giant Moneygram and the Stellar Development Foundation, stellar (XLM) rallied. At 08:52 UTC, XLM, ranked 17th...

Bitcoin Climbs Above USD 31K, Ethereum And Altcoins Grind Higher

Bitcoin Climbs Above USD 31K, Ethereum And Altcoins Grind Higher

Bitcoin price started a steady recovery wave above the USD 30,000 resistance. BTC even surpassed the USD 31,000 resistance and is currently (12:15 UTC) showing positive signs. The next key b...

Ripple Asks Court to Throw out SEC Case Following Commissioners’ Letter

Ripple Asks Court to Throw out SEC Case Following Commissioners’ Letter

The XRP-affiliated Ripple is looking to capitalize on a recent statement from members of the US Securities and Exchange Commission (SEC) calling for more transparency in cryptoasset classifi...

China Hits out at Senators Who Asked for an Olympic Block on Digital Yuan

China Hits out at Senators Who Asked for an Olympic Block on Digital Yuan

Beijing has lashed out at three Republican senators who have asked the United States Olympic & Paralympic Committee to block American athletes from using the digital yuan, the central bank d...

MakerDAO Decentralizes, New Crypto Investments + More News

MakerDAO Decentralizes, New Crypto Investments + 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. _ Decentralization news MakerDAO (MKR)...

After Three Years, Circle Reveals USDC Reserves

After Three Years, Circle Reveals USDC Reserves

It took nearly three years for US-based crypto company Circle, the issuer of major stablecoin USD Coin (USDC), that is preparing to go public, to finally reveal how this token is backed. In...

Dogecoin Fan Sues Coinbase For 'Tricking' Him Into Providing Liquidity

Dogecoin Fan Sues Coinbase For 'Tricking' Him Into Providing Liquidity

A Dogecoin (DOGE) fan sued the leading US crypto exchange Coinbase for allegedly “misleading” sweepstake ad campaign. The class action complaint seeks USD 5m in damages on the behalf of the ...

USDC Operator Happy After Yellen Calls Stablecoins ‘National Security’ Concern

USDC Operator Happy After Yellen Calls Stablecoins ‘National Security’ Concern

At least one major stablecoin operator has welcomed the news that the American government is set to direct regulators to “act quickly” on fiat-pegged tokens. In an official statement, the Am...

BlockFi Runs into ‘Security’-related Regulatory Problems in New Jersey

BlockFi Runs into ‘Security’-related Regulatory Problems in New Jersey

Regulators appear set to continue ramping up their scrutiny of the crypto industry – with BlockFi, the major American crypto lending business, served with a cease and desist order by the Att...

Why Three Tech Behemoths Are Vying to Test Korea’s CBDC

Why Three Tech Behemoths Are Vying to Test Korea’s CBDC

South Korean tech giants have lodged three bids to become the first private firms ever to pilot the Bank of Korea (BOK)’s central bank digital currency (CBDC) prototype. As previously report...

Dogecoin Wannabes Flood The Market With Pumps & Dumps

Dogecoin Wannabes Flood The Market With Pumps & Dumps

Inspired by the dogecoin (DOGE) rally this year, dozens of meme coin opportunists tried to onboard this dog-themed altcoin bandwagon. And now, despite a few exceptions, most of these altdoge...

Crypto Exchange Korbit Charged for ‘Excessive Customer Data Collection’

Crypto Exchange Korbit Charged for ‘Excessive Customer Data Collection’

The South Korean crypto exchange Korbit has been hit with a fine over “collecting excessive personal data” from at least one of its customers. According to the news agency Yonhap, the exchan...

China Releases e-CNY Whitepaper, Says Cryptos Have No Value & Pose Risks

China Releases e-CNY Whitepaper, Says Cryptos Have No Value & Pose Risks

The central People’s Bank of China (PBoC) released a digital yuan, e-CNY, whitepaper, in order to "explain the background, objectives, and visions" and to "seek public comments." At the same...

Facebook to Ramp up Payments Ahead of Diem Launch

Facebook to Ramp up Payments Ahead of Diem Launch

The social media heavyweight Facebook is forging ahead with more Facebook Pay innovations ahead of the launch of its stablecoin project Diem (formerly Libra). Per The Verge, the new Facebook...

Ripple to Grill Ex-SEC Official Who Said Bitcoin, ETH Weren’t Securities

Ripple to Grill Ex-SEC Official Who Said Bitcoin, ETH Weren’t Securities

Ripple may have won an important battle in its protracted legal struggle with the American regulatory Securities and Exchange Commission (SEC) – after it was granted permission to question a...

SEC Coinschedule Settlement Opens up Old Crypto Securities Wounds

SEC Coinschedule Settlement Opens up Old Crypto Securities Wounds

America’s top financial regulator, the Securities and Exchange Commission (SEC) has announced that it has settled charges against the British firm Blotics, the company behind the Coinschedul...

Dogecoin Co-creator’s Anti-Crypto Twitter Rant Met with Scepticism

Dogecoin Co-creator’s Anti-Crypto Twitter Rant Met with Scepticism

The man who created dogecoin (DOGE) has embarked on a Twitter tirade about the crypto industry, branding the sector “an inherently right-wing, hyper-capitalistic technology.” Jackson Palmer ...

ECB Starts Digital Euro Project With Two-Year Investigation & Bitcoin Bashing

ECB Starts Digital Euro Project With Two-Year Investigation & Bitcoin Bashing

The European Central Bank (ECB) has just announced that Eurosystem has formally launched its central bank digital currency (CBDC) project to prepare "for the possible issuance of a digital e...

Bank Manager Gut Feeling Helps Her Thwart Crypto Scammers

Bank Manager Gut Feeling Helps Her Thwart Crypto Scammers

The South Korean commercial bank Nonghyup Bank (NH) has claimed that a member of its staff’s quick thinking helped prevent a major instance of crypto fraud. Per the media outlet News1, the b...

Fidelity In Hiring Spree As Investors Eye Cryptoassets Beyond Bitcoin

Fidelity In Hiring Spree As Investors Eye Cryptoassets Beyond Bitcoin

Fidelity Digital Assets (FDA), a crypto-focused arm of US-based mutual fund giant Fidelity Investments, aims to add about 100 workers, increasing its headcount by around 70%, as institutiona...

Crypto Market Sentiment Goes Up Again, Led by Uniswap and Ethereum

Crypto Market Sentiment Goes Up Again, Led by Uniswap and Ethereum

We're seeing a rise in the market sentiment for the second week in a row now. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins went from 4.87 record...

Tech Titans Kakao, Naver and SK in Battle to Test South Korean CBDC

Tech Titans Kakao, Naver and SK in Battle to Test South Korean CBDC

Some of South Korea’s biggest tech and telecommunications giants will duke it out for the right to pilot the central Bank of Korea (BOK)’s forthcoming digital won. Per KBS and Chosun, the bi...

S Korean Banks to Probe Exchanges’ Privacy Coin Policies in Risk Checks

S Korean Banks to Probe Exchanges’ Privacy Coin Policies in Risk Checks

South Korean banks are set to take into account crypto exchanges’ privacy coin policies, the nationality of their customers, and the criminal history of employees, classing these as “high pr...

CBDC Shilling and Bitcoin Bashing Might Reach the G20 Level

CBDC Shilling and Bitcoin Bashing Might Reach the G20 Level

With a rising number of central bank digital currency (CBDC) projects underway across the world, central banks have increasingly started criticizing decentralized cryptocurrencies, such as b...

SEC Readies to Settle with BitConnect Promoters - Judge

SEC Readies to Settle with BitConnect Promoters - Judge

The US Securities and Exchange Commission (SEC) is expected to settle with the promoters of the infamous BitConnect exchange who had helped the platform raise more than USD 2bn through their...

USDC Issuer Circle To Debut On NYSE

USDC Issuer Circle To Debut On NYSE

US-based Circle, the issuer of the second-most popular stablecoin, USD Coin (USDC), said it will go public on the New York Stock Exchange (NYSE) under the symbol “CRCL”. The company said it ...

Bitcoin Plays With USD 35K, Ethereum and Altcoins Climb

Bitcoin Plays With USD 35K, Ethereum and Altcoins Climb

Bitcoin price settled above the USD 34,000 pivot level. BTC seems to be forming a base above USD 34,000 and it could gain pace if it clears USD 35,000. It is currently (12:15 UTC) showing po...

Prosecutors Indict Bithumb Owner on USD 88M Fraud Charges

Prosecutors Indict Bithumb Owner on USD 88M Fraud Charges

The majority owner of the South Korea crypto exchange giant Bithumb, Lee Jung-hoon, has been indicted on a USD 88m fraud wrap over a failed altcoin token listing controversy – and could also...