Cryptonews

Cryptonews


Ukrainian Crypto Exchange Reportedly Close to FC Barcelona Sleeve Sponsorship Deal

Posted: 13 Jun 2022 01:00 PM PDT

 
Ukraine's WhiteBIT crypto exchange could become the first firm in the blockchain technology space to have its name featured on an FC Barcelona shirt – with a sleeve sponsorship deal reportedly on the verge of completion....
Read More: Ukrainian Crypto Exchange Reportedly Close to FC Barcelona Sleeve Sponsorship Deal

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Crypto-related Criminal Cases Rise by 40% Year-on-Year in Russia

Posted: 13 Jun 2022 10:00 AM PDT

 
There has been a spike in crypto-related legal activity in Russia – with case numbers growing fast both in the criminal and civil courts.
Per the media outlet Izvestia, researchers from the cybersecurity outfit RTM Group compiled a report showing that 1,531 legal cases related to cryptoassets were launched last year – although these varied in topic from crypto exchange-related matters to illegal crypto mining....
Read More: Crypto-related Criminal Cases Rise by 40% Year-on-Year in Russia

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Crypto Listing and Delisting Announcements: Week 24

Posted: 13 Jun 2022 09:22 AM PDT

 
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here.
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AscendEXListings: Optimism (OP)Radix (XRD)  
BiboxListings: Frax Share (FXS)Hop Protocol (HOP) ...
Read More: Crypto Listing and Delisting Announcements: Week 24

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Goldman Sachs Launches New Ethereum Derivative, Layoffs at Crypto.com, Binance vs. Private Litecoin + More News

Posted: 13 Jun 2022 08:35 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: Goldman Sachs Launches New Ethereum Derivative, Layoffs at Crypto.com, Binance vs. Private Litecoin + More News

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Top NFT Collections See Price Crash Amid Crypto Market Panic

Posted: 13 Jun 2022 08:15 AM PDT

 
The floor prices of some of the top non-fungible token (NFT) collections are crashing in the market, both in ethereum (ETH) and US dollar terms.
The crash in NFT floor prices has accelerated over the past week for all three of today's top NFT collections by trading volume; Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and CryptoPunks, data from DappRadar showed on Monday....
Read More: Top NFT Collections See Price Crash Amid Crypto Market Panic

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Binance Pauses Bitcoin Withdrawals Due to 'Backlog'

Posted: 13 Jun 2022 07:23 AM PDT

 
Major crypto exchange Binance paused bitcoin (BTC) withdrawals due to a backlog, according to its CEO.
Changpeng Zhao tweeted today that there has been a "temporary pause" of BTC withdrawals on the exchange. Per the CEO, this is the result of "a stuck transaction causing a backlog." He went on to ensure the users that the funds "are SAFU," or safe....
Read More: Binance Pauses Bitcoin Withdrawals Due to 'Backlog'

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Twitter's Head of Marketing Denies Claims by Yuga Labs Co-Founder About a Social Media Attack

Posted: 13 Jun 2022 07:03 AM PDT

 
Justin Taylor, Head of Consumer Product Marketing at Twitter, has questioned claims by Yuga Labs co-founder Gordon Goner that the project's social media accounts encounter a possible attack that would involve an insider at Twitter....
Read More: Twitter's Head of Marketing Denies Claims by Yuga Labs Co-Founder About a Social Media Attack

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Massive Short Interest Pushes Funding Rate of Tron’s TRX to Negative 500% Annually

Posted: 13 Jun 2022 05:42 AM PDT

 
The price to short the Tron blockchain's native token TRX reached as high as 500% annually on crypto exchange Binance today, as traders rush to place bets that the token will fall further....
Read More: Massive Short Interest Pushes Funding Rate of Tron's TRX to Negative 500% Annually

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Bitcoin and Ethereum Bears in Control, Altcoins Crash Too

Posted: 13 Jun 2022 05:01 AM PDT

 
Bitcoin price remained in a bearish zone below the USD 28,000 level and extended its decline below the USD 25,000 support. It is currently (04:49 UTC) down almost 14% and might even test the USD 23,200 support. BTC is also down 21% in a week....
Read More: Bitcoin and Ethereum Bears in Control, Altcoins Crash Too

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Bitcoin, Ethereum & Crypto Dive as Celsius Adds Fuel to the Fed Fire This Week

Posted: 13 Jun 2022 04:15 AM PDT

 
The bitcoin (BTC) and crypto market came under heavy selling pressure on Monday, fueled by fears in nearly all global risk markets related to high inflation and what the US Federal Reserve (Fed) might do to tame it. At the same time, the drama surrounding crypto lending platform Celsius (CEL) is adding fuel to the fire....
Read More: Bitcoin, Ethereum & Crypto Dive as Celsius Adds Fuel to the Fed Fire This Week

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100º Celsius: Industry Debating Possible Impact, Lenders Reassuring Users, Nexo Offers Help

Posted: 13 Jun 2022 03:26 AM PDT

 
Major crypto lender Celsius (CEL) has entered boiling hot water today when it announced a halt to withdrawals, transfers between accounts, and Swap – leaving the crypto industry to try and figure out how this crisis may affect it, as lenders left and right reassure their users of normal operations....
Read More: 100┬║ Celsius: Industry Debating Possible Impact, Lenders Reassuring Users, Nexo Offers Help

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Desperate Celsius Users Face Liquidations as Crypto Market Tanks, Solvency Debate Begins

Posted: 13 Jun 2022 02:54 AM PDT

 
Some users of Celsius (CEL), a troubled major crypto lender, are facing liquidations of their trading positions as the crypto market crashes and industry players discuss (in)solvency of Celsius and chances to sue the company.
To make things worse, the company has also suspended withdrawals, Swaps, and transfers between accounts, hindering even those users who have sufficient capital from repaying or adding a margin to their positions. ...
Read More: Desperate Celsius Users Face Liquidations as Crypto Market Tanks, Solvency Debate Begins

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Coin Center Attempting to Sue US Treasury, IRS Over ‘Unconstitutional’ Infrastructure Act

Posted: 13 Jun 2022 01:53 AM PDT

 
The Washington-based crypto industry pressure group Coin Center says it has filed a lawsuit against the United States Treasury Department and the Internal Revenue Service – claiming that the crypto tax reporting requirements included in President Joe Biden's Infrastructure Investment and Jobs Act last year are "unconstitutional."
In a filing submitted to a branch of the Kentucky District Court, as well as an accompanying post on its website, Coin Center explained:...
Read More: Coin Center Attempting to Sue US Treasury, IRS Over 'Unconstitutional' Infrastructure Act

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Ethereum Steps on Another Delay Bomb

Posted: 13 Jun 2022 12:28 AM PDT

 
Ethereum (ETH) developers have decided to once again delay the "difficulty bomb," a special code in Ethereum that eventually makes it impossible to mine ETH tokens, by another two months. 
Core Ethereum developers met on Friday and discussed Ethereum's Ropsten public testnet. After discussing some bugs revealed by the testnet, the devs voted in support of a proposal, dubbed EIP-5133, which delays the difficulty bomb to August 2022....
Read More: Ethereum Steps on Another Delay Bomb

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Bitcoin Tests USD 25K, Ethereum Dives to USD 1.3K, CEL Crashes on Paused Withdrawals News

Posted: 12 Jun 2022 09:15 PM PDT

 
Bitcoin price struggled to start a fresh increase above the USD 30,000 resistance and dived to the USD 25,000 level before somewhat recovering. It is currently (03:57 UTC) trading above USD 25,500 and is down almost 8% in a day and 15% in a week. ...
Read More: Bitcoin Tests USD 25K, Ethereum Dives to USD 1.3K, CEL Crashes on Paused Withdrawals News

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