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Crypto News

Fast coverage of the stories moving crypto markets.

Russia SWIFT sanctions “picked carefully” to avoid German energy crisis

As Western countries have agreed on imposing restrictions cutting off Russian banks from the SWIFT global payment system, affected Russian banks are “picked carefully” to minimize potential energy crises.

Laszlo Dobos 3 min read 4 years ago

DeFi

Solidly TVL rises to over $2 billion in 24 hours

Solidly total value locked was around $28 million by February 23 reached over $800 million by February 25 before almost tripling in value to $2.24 billion on February 27.

2 min read 4 years ago

Adoption

With Russia cut off from SWIFT, could Bitcoin play a role in avoiding sanctions?

The U.S. as well as the U.K. and several other European countries have agreed to ban a number of Russian banks from SWIFT.

3 min read 4 years ago

NFTs

Users deride $70M NFT project Pixelmon following reveal of its ‘art’

Pixelmon developers claimed that “a horrible mistake” was the reason why $10,000 NFTs turned into Crypto Twitter's laughing stock.

3 min read 4 years ago

Analysis

4 ways Web3 will change the internet

Web3 refers to a new iteration of the internet built on blockchain infrastructure, with decentralized use rights. Here’s what you need to know.

4 min read 4 years ago

Legal

Finally, U.S. authorities indict founder of $2 billion BitConnect fraud

DOJ statement revealed that the exchange operated like a Ponzi scheme.

2 min read 4 years ago

Technology ADA -1.54%

Cardano’s scaling solution based on ZK Rolloups unveiled

Cardano could solve the “Scalability Trilema” problem with a Layer 2 ZK Rollup solution dubbed ‘Orbis.’

3 min read 4 years ago

Exchanges

Coinbase launches a trading platform allowing users to convert crypto into Mexican pesos

US exchange Coinbase has announced that it has launched a trading feature that enables crypto recipients in Mexico to cash out their funds in pesos.

2 min read 4 years ago

Regulation

China outlaws crypto fundraising, offenders could face jail sentences

China has criminalized raising funds using crypto–the country’s top court said in a new interpretation of national law.

2 min read 4 years ago

Exchanges

What happened to the BitMEX founders in New York federal court?

Arthur Hayes and Benjamin Delo faced charges of violating the Bank Secrecy Act and money laundering regulations.

3 min read 4 years ago

Regulation

EU Parliament delays vote on crypto regulation after backlash on anti proof-of-work stance

The European Parliament is delaying a vote on crypto-related regulation after receiving backlash from the public over its potential plan to ban cryptocurrencies that use the proof-of-work consensus method.

3 min read 4 years ago

Analysis LUNC +1.15%

LUNA rallies, Bitcoin jumps above $39k as war in Ukraine continues

While the war in Ukraine continues after the Russian invasion yesterday, today crypto markets are in the green regaining much of the loss caused by the outbreak of the war. Bitcoin is again above $39,000, but the big winner is Terra’s LUNA token.

3 min read 4 years ago

Web3

Decentralized data storage solution Arweave archives millions of documents from Ukraine

Enabling trust-minimized and censorship-resistant data storage, Arweave is generating a permanent record of the events in the country.

2 min read 4 years ago

Banking

America’s oldest bank to launch institutional crypto custody service

At launch, BNY Mellon's upcoming crypto custody platform will support Bitcoin and Ethereum.

3 min read 4 years ago

Adoption

Ukraine NGO receives over $4 million in Bitcoin donations

While Ukraine’s Ministry of Defence says it can’t officially receive crypto donations, NGO’s in the country are taking crypto to help with the conflict.

3 min read 4 years ago

Regulation

Senate Approves Bill seeking to legalize cryptocurrencies in Brazil

The Economic Affairs Commission (CAE) in Brazil approves the project that regulates the rules for the cryptocurrency market.

3 min read 4 years ago

Analysis

Bitcoin pulls out the UNO reverse card on gold

Bitcoin bounces making back all of Thursday's losses, at the same time gold returns its gains throwing confusion on what constitutes a safe haven asset.

3 min read 4 years ago