Cryptonews

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Cryptonews

Japanese Justice Ministry Wants Law Enforcers to Have Power to Seize Crypto

Posted: 06 Jun 2022 05:00 PM PDT

 
Japan's Ministry of Justice wants to give courts and police officers the power to seize cryptoassets in criminal cases – and could allow the state to take control of tokens that have been used in money laundering operations....
Read More: Japanese Justice Ministry Wants Law Enforcers to Have Power to Seize Crypto

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Brazilian Football Powerhouse São Paulo FC Lets Fans Buy Tickets Using Bitcoin, Crypto

Posted: 06 Jun 2022 01:00 PM PDT

 
São Paulo FC, one of the biggest clubs in both Brazil and the world football, has made history by becoming the first Brazilian team to accept bitcoin (BTC) and altcoin payment for match tickets....
Read More: Brazilian Football Powerhouse São Paulo FC Lets Fans Buy Tickets Using Bitcoin, Crypto

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USA Real Estate Firm Puts New York Building for Sale as NFT

Posted: 06 Jun 2022 11:00 AM PDT

 
Exploring innovative ways to use non-fungible tokens (NFT) in real estate deals, the US real estate firm Okada & Company has listed its first commercial property as an NFT on the OpenSea marketplace with an ETH 15,000 tag price (USD 28.7)....
Read More: USA Real Estate Firm Puts New York Building for Sale as NFT

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Crypto Listing and Delisting Announcements: Week 23

Posted: 06 Jun 2022 10:23 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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BigONEListings: Optimism (OP)Luffy Inu (LUFFY) ...
Read More: Crypto Listing and Delisting Announcements: Week 23

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Bitcoin Ends Record-Long Losing Streak, BTC Inflows Grow, Ethereum Sees Outflows

Posted: 06 Jun 2022 09:23 AM PDT

 
As bitcoin (BTC) ended a 9-week-long losing streak on Sunday, when a green weekly candle finally appeared on the bitcoin chart. The positive weekly close kicked off a green start of the new week on Monday, with gains across the board in the crypto market....
Read More: Bitcoin Ends Record-Long Losing Streak, BTC Inflows Grow, Ethereum Sees Outflows

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DEXes Outpace CEXes, Binance Buys CAKE, Losing Crypto Funds, IRA vs. Gemini + More News

Posted: 06 Jun 2022 08:47 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: DEXes Outpace CEXes, Binance Buys CAKE, Losing Crypto Funds, IRA vs. Gemini + More News

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Report on Lightning Network-Powered DeFi and NFTs Dismissed Even by Bitcoin Advocates

Posted: 06 Jun 2022 07:28 AM PDT

 
A discussion has emerged about possible use cases for the Bitcoin (BTC) Lightning Network, and whether the network could potentially support decentralized finance (DeFi) applications and non-fungible tokens (NFTs). The discussion followed the publication of a paper by three well-known bitcoiners....
Read More: Report on Lightning Network-Powered DeFi and NFTs Dismissed Even by Bitcoin Advocates

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Bitcoin and Ethereum Extend Gains, ADA and SOL Outperform

Posted: 06 Jun 2022 05:09 AM PDT

 
Bitcoin price started a decent increase above the USD 30,500 resistance, cleared the USD 31,200 resistance zone, and even tested the USD 31,500 level. BTC is currently (11:58 UTC) trading near USD 31,400 and is up almost 6% in a day and over 6% in a week. ...
Read More: Bitcoin and Ethereum Extend Gains, ADA and SOL Outperform

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Justin Sun's Tron Reveals More Details of USDD Backing in a Move to Distance It from UST

Posted: 06 Jun 2022 04:13 AM PDT

 
Crypto entrepreneur Justin Sun's blockchain Tron (TRX) has revealed details about the backing of its new algorithmic stablecoin USDD in what appears to be an effort to maintain confidence in the project following the collapse of major algorithmic stablecoin terraUSD (UST)....
Read More: Justin Sun's Tron Reveals More Details of USDD Backing in a Move to Distance It from UST

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ApeCoin Whales Vote Against Proposal to Stay on Ethereum

Posted: 06 Jun 2022 03:26 AM PDT

 
Several apecoin (APE) whales have voted against the proposal by the ApeCoin decentralized autonomous organization (DAO) that suggested staying on Ethereum (ETH), giving the majority support to migrating to another chain - at least for now.
Dubbed ApeCoin Improvement Proposal (AIP) 41, the proposal asks token holders to stay on Ethereum despite the issues surrounding gas fees....
Read More: ApeCoin Whales Vote Against Proposal to Stay on Ethereum

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The Blame Game Begins as Bored Apes Co-Founder Criticized for Blaming Discord Following Another NFT Exploit

Posted: 06 Jun 2022 01:15 AM PDT

A co-founder of the popular Bored Ape Yacht Club (BAYC) NFT collection faced a backlash for blaming the Discord messaging platform after ETH 200 (USD 378,000) worth of digital assets were snatched in an exploit. 
On Saturday, Gordon Goner wrote on Twitter that Discord "isn't working for Web3 communities" after the project's Discord server was hacked. "We need a better platform that puts security first," he added. ...
Read More: The Blame Game Begins as Bored Apes Co-Founder Criticized for Blaming Discord Following Another NFT Exploit

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Indian Terra Investors Brace for Another Blow After LUNA 2.0 Airdrop Under New Tax Laws

Posted: 06 Jun 2022 12:27 AM PDT

 
Terra network coin holders in India are facing a "double whammy" following the LUNAC and UST crash last month – and could be hit with 30% tax bills from the recent LUNA 2.0 airdrop.
The genesis airdrop was made on May 30, with LUNAC holders distributed tokens now known as LUNA. However, investors in India aren't as fortunate, due to new tax laws that came into force in April....
Read More: Indian Terra Investors Brace for Another Blow After LUNA 2.0 Airdrop Under New Tax Laws

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Bitcoin and Ethereum Gain Traction, ADA and SOL Accelerate

Posted: 05 Jun 2022 09:28 PM PDT

 
Bitcoin price remained supported near the USD 29,500 level and started a recovery wave above the USD 30,500 resistance. It even broke USD 31,000 and is currently (04:10 UTC) eyeing more gains above the USD 31,200 resistance zone. BTC is up 5% in a day and 6% in a week.
Similarly, most major altcoins are rising steadily. ETH is up 5% and approaching the USD 1,920 resistance. XRP might rise towards the USD 0.425 resistance. ADA is back above the USD 0.60 resistance....
Read More: Bitcoin and Ethereum Gain Traction, ADA and SOL Accelerate

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