Cryptonews

Cryptonews


First Australian Bitcoin ETF Comes to Cboe, 40 Crypto Players Send a Letter to EU + More News

Posted: 19 Apr 2022 08:51 AM PDT

 
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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Read More: First Australian Bitcoin ETF Comes to Cboe, 40 Crypto Players Send a Letter to EU + More News

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IMF’s DeFi Governance Recommendations Include These Two Steps

Posted: 19 Apr 2022 08:19 AM PDT

 
The International Monetary Fund (IMF) has proposed a series of measures aimed at regulating the decentralized finance (DeFi) sector.
The body spelled out its preliminary recommendations in the latest chapter of its Global Financial Stability report, which is entitled "The Rapid Growth of Fintech: Vulnerabilities and Challenges for Financial Stability."...
Read More: IMF's DeFi Governance Recommendations Include These Two Steps

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Bitcoin Funds See Slowing Investment Outflows, Ethereum Outflows Accelerate

Posted: 19 Apr 2022 06:27 AM PDT

 
Regulated crypto investment products saw outflows of close to USD 100m last week, as capital continued to leave funds backed by both bitcoin (BTC) and ethereum (ETH) in droves. The outflows were partly explained by tax-related selling in the US, while one analyst said the macro landscape for crypto has now improved....
Read More: Bitcoin Funds See Slowing Investment Outflows, Ethereum Outflows Accelerate

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Moonbirds Collection Faces Criticism After User Wins 50+ NFTs During Raffle

Posted: 19 Apr 2022 06:00 AM PDT

 
Newly-launched non-fungible token (NFT) project Moonbirds has been hit with controversy, with some wondering if there was a potential raffle manipulation.
Etherescan data shows that one user created more than 400 "accounts to Sybil Attack the Moonbirds raffle," said the pseudonymous crypto researcher Zachxbt. The user managed to win more than 50 NFTs.
Sybil attacks occur when individuals/small groups act as large groups of individuals by creating multiple addresses....
Read More: Moonbirds Collection Faces Criticism After User Wins 50+ NFTs During Raffle

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Bitcoin and Ethereum Consolidate Below Key Hurdles, LUNA Pauses

Posted: 19 Apr 2022 05:23 AM PDT

 
Bitcoin price started an upside correction above the USD 40,000 level. BTC even climbed above USD 40,500, but it failed to gain pace above USD 41,200. It is currently (12:09 PM UTC) consolidating near USD 40,800 and might attempt an upside break above USD 41,200....
Read More: Bitcoin and Ethereum Consolidate Below Key Hurdles, LUNA Pauses

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KuCoin Launches USD 100M NFT Fund to Empower Artists, Lower Barriers for Users

Posted: 19 Apr 2022 03:31 AM PDT

 
Major international crypto exchange KuCoin has launched a USD 100m fund to support artists behind early-stage non-fungible token (NFT) projects across a variety of niches....
Read More: KuCoin Launches USD 100M NFT Fund to Empower Artists, Lower Barriers for Users

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Blockchain.com's IPO Might Happen This Year, Indian Exchange CoinDCX Doubles Valuation

Posted: 19 Apr 2022 02:53 AM PDT

Investments in the crypto industry's infrastructure seem to be a lucrative opportunity, as another crypto giant might go public this year, while one exchange boosted its valuation sharply. 
Major crypto platform Blockchain.com is reportedly planning a public listing that could happen as soon as this year. Meanwhile, local Indian crypto exchange CoinDCX said Wednesday that it has received a fresh capital injection, making it a multi-billion-dollar company....
Read More: Blockchain.com's IPO Might Happen This Year, Indian Exchange CoinDCX Doubles Valuation

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SEC Faces Storm of Criticism from Crypto Sector, Lawmakers over ‘Exchange’ Re-definition Plans

Posted: 19 Apr 2022 01:54 AM PDT

 
The United States Securities Exchange Commission (SEC) and its Chairman Gary Gensler have received a slew of letters from pressure groups and parliamentarians voicing their concerns about proposed amendments to the Exchange Act, established in the 1930s. The agency plans to expand the legal definition of what an exchange is....
Read More: SEC Faces Storm of Criticism from Crypto Sector, Lawmakers over 'Exchange' Re-definition Plans

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Leaked 'Shill Price List' Alleges Crypto Influencers Charge Up to USD 25,000 for a Shill Tweet

Posted: 19 Apr 2022 01:18 AM PDT

 
Zachxbt, an anonymous crypto researcher and self-proclaimed "on-chain sleuth," has published an extensive list of crypto influencers and how much they allegedly charge to "shill" crypto projects on Twitter.
Zachxbt told Motherboard that the list came from a "marketing firm" but did not disclose the company's name. The media site has also contacted 60 of the accounts on the list, some of which verified the accuracy of the list while others claimed that the rates were inaccurate....
Read More: Leaked 'Shill Price List' Alleges Crypto Influencers Charge Up to USD 25,000 for a Shill Tweet

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Bitcoin and Ethereum Move Higher, LUNA and GMT Rally

Posted: 18 Apr 2022 09:24 PM PDT

 
After bitcoin extended losses below the USD 38,800 level, the bulls appeared near the USD 38,500 zone. BTC is currently (04:10 UTC) recovering near USD 41,700 and is up 2% in a day and almost 3% in a week.
Similarly, most major altcoins are also recovering. ETH neared USD 3,040 and is now up almost 2% in a day and a week. XRP could face hurdles near USD 0.80. ADA is approaching the USD 0.95 resistance zone.
Total market capitalization...
Read More: Bitcoin and Ethereum Move Higher, LUNA and GMT Rally

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