Cointelegraph.com News

Cointelegraph.com News


Ethereum whales get busy as transactions hit highest point since January

Posted: 11 May 2022 07:03 PM PDT

Ethereum whales have been transacting a huge volume of Ethereum, marking the highest one day whale activity since January.

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Chile puts CBDC plans on hold until end of 2022 to undertake more analysis

Posted: 11 May 2022 06:42 PM PDT

Chile's planned start to its digital peso rollout in early 2022 has been held back while its central bank conducts more analysis to inform a new report by the end of the year.

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Michael Saylor welcomes FASB vote to review crypto accounting standards

Posted: 11 May 2022 06:38 PM PDT

The FASB is set to review its accounting rules for digital assets, which could see firms no longer be required to report crypto such as BTC as "intangible assets" on their balance sheets.

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Not bothered: Miners ‘not impacted by volatility’ in Bitcoin market

Posted: 11 May 2022 05:21 PM PDT

In the face of extreme fear in the Bitcoin market, miners are unfazed and may even welcome a downturn as it opens up the opportunity to gain more hash power.

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Terra contagion leads to 80%+ decline in DeFi protocols associated with UST

Posted: 11 May 2022 02:30 PM PDT

Projects associated with Terra suffer losses of more than 80% as contagion spreads. Meanwhile, Maker (DAI) gets a boost as traders look for other decentralized stablecoin options.

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Chairmen from the SEC and CFTC talk crypto regulation at ISDA meeting

Posted: 11 May 2022 02:15 PM PDT

Rostin Behnam and Gary Gensler make their positions clear in keynote addresses at the annual meeting of the ISDA with Sam Bankman-Fried in attendance.

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5 state regulators allege organization is tied to Russia, scamming users using metaverse casino

Posted: 11 May 2022 02:00 PM PDT

"The same rules that apply to investments in the physical world continue to apply to investments in virtual worlds," said the regulators.

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Bitcoin fights to hold $29K as fear of regulation and Terra’s UST implosion hit crypto hard

Posted: 11 May 2022 01:27 PM PDT

Bitcoin leverage traders show little interest in going long even as BTC price flirts with new lows below $29,000.

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Latin America’s largest digital bank will allocate 1% to BTC, offer crypto investment services

Posted: 11 May 2022 01:00 PM PDT

In addition to buying Bitcoin, Nubank will offer BTC and ETH investment services to its more than 50 million customers.

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ApeCoin is down 70%+ since the Otherside launch — Can Yuga Labs turn the ship around?

Posted: 11 May 2022 12:15 PM PDT

A botched minting process and the collapse of Otherdeed's price have taken a toll on ApeCoin, leading investors to question APE's future utility and value.

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Why did Terra LUNA and UST crash? | Find out on The Market Report

Posted: 11 May 2022 12:08 PM PDT

On this week's special episode of "The Market Report," Cointelegraph's resident experts discuss the Terra ecosystem meltdown.

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Price analysis 5/11: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

Posted: 11 May 2022 11:30 AM PDT

The implosion of the Terra ecosystem appears to be manifesting contagion that is negatively impacting Bitcoin and altcoins.

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FTX US applies for trust charter in New York

Posted: 11 May 2022 11:15 AM PDT

Crypto exchanges Coinbase and BitGo have previously received trust charters from New York's financial regulator, allowing the firms to offer crypto custody services.

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This week’s whipsaw market movements test NFT traders’ resolve — What’s next?

Posted: 11 May 2022 10:30 AM PDT

NFT prices take a hit alongside the sharp correction in the crypto market and only time will tell whether the current downturn was a buying opportunity.

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Bitcoin price reclaims $30K as Bitcoin Cash hits fresh record low against BTC

Posted: 11 May 2022 09:51 AM PDT

Bitcoin SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle.

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Celsius Network execs deny rumors of significant losses amid market volatility

Posted: 11 May 2022 09:44 AM PDT

"Our front office teams [...] think and act like risk managers to ensure that we are not exposed in any significant way to market swings," said Celsius chief financial officer Rod Bolger.

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LUNA meltdown sparks theories and told-you-sos from crypto community

Posted: 11 May 2022 09:30 AM PDT

Some of you saw it coming; some of you still can't believe it's real. Was the "most significant collapse in crypto history" an attack?

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Bank of Israel claims 'public support' for its CBDC project

Posted: 11 May 2022 08:39 AM PDT

Stakeholders believe that the digital shekel would boost competition, but remain divided on the matter of privacy.

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Bitcoin 2022 — Will the real maximalists please stand up?

Posted: 11 May 2022 06:51 AM PDT

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Rising global adoption positions crypto perfectly for use in retail

Posted: 11 May 2022 06:29 AM PDT

As more and more people continue to invest in digital currencies, experts believe the coming few years will see crypto making an even larger impact on the retail sector.

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Sculptor aims to use the Fearless Girl statue to empower women in crypto

Posted: 11 May 2022 06:22 AM PDT

The sculptor, Kristen Visbal, said that the proceeds from the NFT sale of Fearless Girl will be used to defend the original message of the artwork.

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Bitcoin falls back under $30K while 8.3% US CPI shows signs inflation has peaked

Posted: 11 May 2022 06:18 AM PDT

Potential relief for macro pressure offers no respite for Bitcoin as BTC price action returns to new ten-month lows.

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Backed by Coinbase and Alameda, African exchange MARA eyes continental prospects

Posted: 11 May 2022 06:00 AM PDT

Africa's booming crypto ecosystem welcomes a new exchange platform MARA with backing from the likes of Coinbase Ventures and Alameda Research.

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Industry experts weigh in on SEC hiring more crypto cops

Posted: 11 May 2022 05:50 AM PDT

The SEC's decision to expand its digital assets section was received well by industry experts and came as no surprise, given the growing interest in cryptocurrencies.

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Bancor 3 goes live with impermanent loss protection for liquidity providers

Posted: 11 May 2022 05:30 AM PDT

Bancor's new liquidity mining strategy promises to bring organic on-chain liquidity and make DeFi staking easier for DAOs.

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Avalanche drops 30% on fears Terra's LFG will dump AVAX next

Posted: 11 May 2022 05:22 AM PDT

Luna Foundation Guard is emptying its crypto reserves to bring its stablecoin back to its $1-peg, risking a massive AVAX selloff.

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Terra founder Do Kwon shares plan to save the UST stablecoin peg

Posted: 11 May 2022 04:16 AM PDT

Do Kwon, co-founder of Terraform Labs, has shared a rescue plan for the de-pegged stablecoin UST.

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FCA-regulated Fasanara Capital raises $350M crypto and fintech VC fund

Posted: 11 May 2022 02:30 AM PDT

Venture capital continues to target crypto and fintech for funding, with Web3 emerging as a major trend in 2022.

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Terra ‘rescue plan’ still at large as LUNA falls below $5, Bitcoin spikes to ‘$138K’ in UST

Posted: 11 May 2022 01:50 AM PDT

All bets are off as volatility takes complete hold of Terra's tokens and a return to a U.S. dollar peg seems nowhere in sight.

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Indian central bank’s ‘informal pressure’ disrupted payments: Coinbase CEO

Posted: 11 May 2022 01:21 AM PDT

"I guess we have a concern that [the Reserve Bank of India] may be actually in violation of the Supreme Court ruling," said Coinbase CEO Brian Armstrong.

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