Cointelegraph.com News

Cointelegraph.com News


Crypto brokerage FalconX raises $150M at $8B valuation

Posted: 22 Jun 2022 03:19 AM PDT

FalconX is the latest cryptocurrency firm to secure millions of dollars in fresh funding despite the cryptocurrency markets experiencing a major decline.

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Crypto.com scores approval from Singapore finance regulators

Posted: 22 Jun 2022 03:10 AM PDT

The cryptocurrency exchange will get a Major Payment Institution License from the country's top financial regulator.

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Qatar Central Bank in ‘foundation stage‘ of launching digital currency

Posted: 22 Jun 2022 02:38 AM PDT

The bank is exploring technological solutions and platforms for its own digital currency.

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Bitcoin price wicks below $20K as whales send 50K BTC to exchanges

Posted: 22 Jun 2022 02:37 AM PDT

Bitcoin bulls lose their grip as BTC price action remains firmly below a key long-term trendline.

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Roxe Holding in talks for listing on Nasdaq via $3.6B SPAC deal

Posted: 22 Jun 2022 02:31 AM PDT

The firm has entered an agreement with special purpose acquisition company Goldenstone Acquisition Ltd, through which it will pursue the listing.

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Crypto resonates better with BIS' vision of ideal monetary system

Posted: 22 Jun 2022 01:56 AM PDT

The report awarded points to the fiat ecosystem for the safety and stability policy while highlighting that "Public oversight has helped achieve safe and robust payment systems."

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Bitcoin miners sold their entire May harvest: report

Posted: 22 Jun 2022 01:50 AM PDT

Bitcoin miners are finding it extremely hard to continue their operation as the cost of production has exceeded the profit.

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Solana whale moves $25M of USDC debt from Solend to Mango Markets

Posted: 22 Jun 2022 01:22 AM PDT

The move reduces the utilization of USDC within the Solend platform and allows users to withdraw their assets once more.

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Tether to launch GBPT stablecoin pegged to British pound sterling

Posted: 22 Jun 2022 01:14 AM PDT

Tether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment.

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Crypto influencers allegedly weaponize conspiracies to fleece QAnon followers

Posted: 21 Jun 2022 10:01 PM PDT

Mixing conspiracy theories, a distrust for traditional institutions and hopium in crypto, two influencers are alleged to have made millions using pump-and-dump schemes.

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USDC’s ‘real volume’ flips Tether on Ethereum as total supply hits 55.9B

Posted: 21 Jun 2022 09:49 PM PDT

At least on the Ethereum network, USDC real volume has nearly doubled that of USDT in the past 24 hours which could be another sign that the top stablecoin's dominance is coming to an end.

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Blockchain isn’t as decentralized as you think: Defense agency report

Posted: 21 Jun 2022 09:09 PM PDT

The report published Tuesday highlights several scenarios in which various actors can garner excessive, centralized control of a blockchain system.

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Twitter board recommends shareholders vote for Elon Musk’s takeover

Posted: 21 Jun 2022 08:03 PM PDT

The board stated that Twitter will be hosting a virtual meeting at an unspecified date to vote on the merger ahead of its deadline on Oct. 24.

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SEC’s Hester Peirce opposes crypto bailouts — SBF didn’t get the memo

Posted: 21 Jun 2022 07:30 PM PDT

The commissioner made it clear she does not support bailouts for anyone in the crypto industry, arguing it's better to "let these things play out."

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‘Disappointing:’ Cardano devs delay Vasil hard fork by a month

Posted: 21 Jun 2022 06:34 PM PDT

While IOHK admitted the news was disappointing, the firm stated it is taking an "abundance of caution" to ensure the Vasil upgrade is implemented correctly.

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BIS compares projects to transfer central bank digital currencies across borders

Posted: 21 Jun 2022 03:30 PM PDT

The international bank found high technical feasibility among the projects, but significant work on legal and governance frameworks still remains to be done.

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Uniswap acquires NFT marketplace aggregator Genie to further its goals

Posted: 21 Jun 2022 03:08 PM PDT

Decentralized exchange Uniswap to add additional NFT functionality to its platform following the acquisition.

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Avalanche (AVAX) price drops 45% in a month and data points to further downside

Posted: 21 Jun 2022 02:10 PM PDT

AVAX is testing support at $14.80 and the network's DApp use is underperforming its competitors, suggesting that the easiest path forward is down.

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Colombia's new president seems to be a fan of Bitcoin

Posted: 21 Jun 2022 02:00 PM PDT

"Virtual currency is pure information and therefore energy," said Gustavo Petro in 2021, in regard to mining crypto in Colombia.

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Why cross-chain interoperability matters for DeFi

Posted: 21 Jun 2022 01:42 PM PDT

With hundreds of cryptocurrency exchanges available for users to transact on, the question becomes centralized or decentralized, neither of which offers an efficient solution.

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Bank of Israel experiments with central bank digital currency smart contracts and privacy

Posted: 21 Jun 2022 01:30 PM PDT

The Israeli central bank looked at trust issues and policy decisions implied in a potential digital shekel, as well as some of the technical aspects of digital currency.

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Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?

Posted: 21 Jun 2022 12:50 PM PDT

BTC's high volatility and halving-related bear markets tend to drag down investment and interest in the entire crypto market. Can this be avoided?

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FTX US acquires Embed Financial subsidiary for stock trading platform

Posted: 21 Jun 2022 12:45 PM PDT

The FTX Stocks platform has been in beta testing for select U.S. users since May, but the firm reported it would be available to all domestic customers sometime in the summer.

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GameFi continues to grow despite crypto winter: DappRadar report

Posted: 21 Jun 2022 12:00 PM PDT

The report seems to show that turbulence in the crypto markets has failed to rattle investments and forward movement of several GameFi and metaverse projects.

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Solana NFT marketplace Magic Eden closes $130M Series B round at $1.6B valuation

Posted: 21 Jun 2022 11:15 AM PDT

Magic Eden accounts for over 90% of NFT trading volume on Solana.

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Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts

Posted: 21 Jun 2022 10:15 AM PDT

"Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment," said chief financial officeJeff Lucas.

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BIS: 90% of Central Banks are researching the utility of CBDCs

Posted: 21 Jun 2022 09:35 AM PDT

The institution's future monetary vision includes exploring innovations grounded in trust in central banks' stable sovereign currencies and safe payment systems.

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Japanese film studio announces the production of a series based on crypto

Posted: 21 Jun 2022 08:30 AM PDT

Animator Haruna Gohzu, who worked in popular anime like Pokémon and the Demon Slayer movie, will lead the animation in the films.

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Cointelegraph Store introduces Summer of Crypto merch collection

Posted: 21 Jun 2022 07:36 AM PDT

Celebrating the arrival of summer, Cointelegraph has launched a new collection of crypto-inspired summer wear to keep things cool.

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Bitcoin price taps 5-day highs as Shiba Inu leads altcoin gains

Posted: 21 Jun 2022 07:11 AM PDT

Crypto markets make the most of respite after BTC price action bounces from its lowest since November 2020.

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