Cointelegraph.com News

Cointelegraph.com News


Tether liquidates Celsius position with ‘no losses’ to stablecoin issuer

Posted: 08 Jul 2022 10:15 AM PDT

The stablecoin issuer has once again explained that its investment in Celsius has no impact on its USDT reserves.

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Croatian Web3 startup offers lifetime Netflix and Spotify membership via NFTs

Posted: 08 Jul 2022 09:32 AM PDT

The subscription-based unique NFT is capped at 10,000 and buyers would receive a digital debit card along with the NFT to pay for their subscription.

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Hong Kong securities regulator CEO to lead UK financial watchdog

Posted: 08 Jul 2022 08:46 AM PDT

Ashley Alder said the FCA would help "chart the U.K.'s post-Brexit future as a global financial centre, which continues to support innovation and competition."

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Know thy customer: The future of KYC in crypto

Posted: 08 Jul 2022 07:30 AM PDT

With the regulatory push for a tighter identification standards rises, the crypto industry definitely has some innovations to offer.

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The risks and benefits of VCs for crypto communities

Posted: 08 Jul 2022 06:44 AM PDT

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Compass Mining retrenches 15% of staff, execs to take major pay-cuts

Posted: 08 Jul 2022 06:20 AM PDT

Compass Mining parts ways with 15% of its workforce while senior employees and executives take major pay-cuts in the wake of the cryptocurrency downturn.

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What is BNB auto-burn and how does it work?

Posted: 08 Jul 2022 06:15 AM PDT

Based on the price of BNB and the number of blocks generated on BSC during the quarter, the BNB auto-burn mechanism automatically modifies the amount of BNB to be burned.

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Web3 activists fight for reproductive rights with NFTs, DAOs and protests

Posted: 08 Jul 2022 06:09 AM PDT

The Web3 community has launched a number of initiatives to raise funds and awareness for women's reproductive rights following the overturn of Roe v. Wade.

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This 'biblical' Bitcoin pattern suggests BTC price can rise 30% by October

Posted: 08 Jul 2022 05:55 AM PDT

Bitcoin's price chart has a target of $28,000 based on a classic, bullish technical pattern.

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Mind games: Bitcoin education at an escape room in Lebanon

Posted: 08 Jul 2022 05:53 AM PDT

At a Bitcoin-themed escape room in Lebanon's capital Beirut, it's all fun and games until you take the orange pill.

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Fairfax County highlights the value in the 'short-term nature' of yield farming

Posted: 08 Jul 2022 04:35 AM PDT

Fairfax County continues to invest public retirement funds in the cryptocurrency space, highlighting the "short-term nature" of yield farming as an appealing portfolio diversifier.

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EU-regulated firm Banking Circle adopts USDC stablecoin

Posted: 08 Jul 2022 04:11 AM PDT

Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking.

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Binance gets VASP registration for its Spanish subsidiary from the Bank of Spain

Posted: 08 Jul 2022 04:01 AM PDT

Changpeng Zhao, CEO of Binance, said that compliance with regulation is crucial to the broader adoption of crypto.

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Bitcoin price builds best weekly candle since March despite new DXY peak

Posted: 08 Jul 2022 03:49 AM PDT

The U.S. dollar is breaking out yet again, adding to misgivings about the authenticity of Bitcoin's surge to $22,400.

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DOGE days of summer: Shiba Inu gains 40% on Dogecoin two months after record lows

Posted: 08 Jul 2022 03:16 AM PDT

SHIB price remains at risk of falling further against DOGE due to weak technicals.

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Credit unions warn about the cost of developing a CBDC

Posted: 08 Jul 2022 03:14 AM PDT

A lobby group suggests supporting the credit union engagement instead, applicating consumer protection rights to digital assets holders.

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Social media ‘major Web3 pain point’ as phishing attacks almost doubles: Report

Posted: 08 Jul 2022 02:42 AM PDT

A majority of the phishing attacks recorded have been conducted on social media platforms that do not have account verification features.

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Nifty News: Total BAYC thefts crack $18.5 million, ‘Ape Now, Pay Later’ loans come for NFTs and more

Posted: 07 Jul 2022 11:16 PM PDT

The total value of stolen BAYC NFTs has cracked $18.5 million, BNPL comes for NFT buyers and Australia makes big moves in the nonfungible space.

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Aave to launch overcollateralized stablecoin called GHO

Posted: 07 Jul 2022 10:38 PM PDT

GHO would allow users to borrow the stablecoin while still learning yield on their locked assets on Aave. However, the proposal is just seeking feedback at this stage.

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What bear market? Consumer confidence higher among crypto owners than normies

Posted: 07 Jul 2022 10:06 PM PDT

The research firm said that the discrepancy is partially explained by the fact that the average crypto owner is "more likely to be wealthier, younger and male" than the average U.S. adult.

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Class action lawsuit claims Solana’s SOL is an unregistered security

Posted: 07 Jul 2022 09:08 PM PDT

Plaintiffs claim that Solana's SOL token is a centralized security with insiders profiting immensely while retail traders got rekt.

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Celsius moved $529M worth of wBTC to FTX exchange: Should we be worried?

Posted: 07 Jul 2022 09:04 PM PDT

The crypto community is concerned that the transfer could lead to the dumping of more than $500 million Bitcoin into the market.

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Bombshell allegations of fraud as KeyFi takes Celsius to court

Posted: 07 Jul 2022 08:40 PM PDT

KeyFi Inc.'s complaint alleges that Celsius failed to honor a multi-million dollar profit-sharing agreement after deploying numerous successful staking and DeFi strategies for the firm.

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Marathon Q2 Bitcoin production down 44% as fleet remains crippled

Posted: 07 Jul 2022 07:34 PM PDT

Marathon had a particularly rough production month in June after 75% of its fleet went down. It's still uncertain when its mining facilities will be able to come back online.

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Bitcoin price surges to $21.8K, but analysts warn that the move could be a fakeout

Posted: 07 Jul 2022 05:46 PM PDT

Traders rejoice after BTC price spikes 7% to $21,800, but analysts say the macro downtrend is likely to prevail for the foreseeable future.

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Reddit announces new blockchain-backed ‘Collectible Avatars’

Posted: 07 Jul 2022 04:47 PM PDT

The company said that the project is set to utilize the Polygon blockchain for decentralized trading and third-party sales.

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VC firm Konvoy launches new $150M fund, eyes blockchain-based games

Posted: 07 Jul 2022 03:47 PM PDT

Gaming venture capital firm Konvoy launches new $150 million fund, with a portion set to be invested in cryptocurrency and blockchain-based games.

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FDIC reportedly scrutinizing Voyager Digital marketing as complex SBF ties come to light

Posted: 07 Jul 2022 02:55 PM PDT

Some Voyager Digital customers did not understand the scope of FDIC protection for their deposits, leading to questions about the firm's marketing.

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US Treasury issues framework addressing engagement on crypto with foreign regulators

Posted: 07 Jul 2022 02:40 PM PDT

The Treasury report was required under President Joe Biden's executive order on digital assets issued in March.

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Survey shows 55% of crypto investors chose to HODL as Bitcoin and altcoin prices collapsed

Posted: 07 Jul 2022 02:28 PM PDT

Retail investors have been wary of buying the current BTC dip, but survey data shows that 55% of those already invested in crypto chose to HODL during the most recent volatility.

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