Blockchain & Crypto News

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Is Zero-Knowledge Proof the next big thing in crypto?

Mina Foundation's recent report shows that privacy and scalability offered via Zero-Knowledge Proof make cryptocurrencies more attractive.

Zeynep Geylan · 3 days ago · 2 min read

FTX debunks rumors of M&A conversations with Robinhood

Crypto exchange FTX denied a Bloomberg News report that claimed the company was in discussions with Robinhood but had yet to make an offer.

Abdulrasaq Ariwoola · 3 days ago · 1 min read

Confusion reigns as Vitalik Buterin praises EOS while slamming Ethereum

The internet is divided over Buterin's criticism of Ethereum, a possible explanation lies in his expectations of the project.

Samuel Wan · 3 days ago · 2 min read

CoinFlex to resume withdrawals after raising funds via new token issuance

CoinFlex wants to resume withdrawals on June 30 after it completes the sales of its new tokens Recovery Value USD (rvUSD).

Oluwapelumi Adejumo · 3 days ago · 2 min read

What does the Gray Glacier upgrade mean for the Ethereum Merge?

The Gray Glacier upgrade will delay the Difficulty Bomb, meaning devs expect the Merge to take place later than planned.

Samuel Wan · 3 days ago · 2 min read

Banxa to layoff 30% of workforce to shelter the “crypto winter”

Terming the move "measures of a response management" Banxa joins the list of companies laying off part of its workforce in this current "crypto winter" to save over $10 million per year.

Abdulrasaq Ariwoola · 3 days ago · 2 min read

France facing backlash for Binance regulatory approval, French MEP called the move “surprising and worrying”

French MEP Aurore Lalucq appealed to the French market regulator to review its decision to approve Binance's operations in France

Abdulrasaq Ariwoola · 3 days ago · 2 min read

Op-Ed: Why crypto bailouts are a double-edged sword

Crypto originated as an response of the 2008 global financial crisis and its bailouts, but after more than a decade of success things seem to have come full circle

Shane Neagle · 3 days ago · 5 min read

Salvadorian entrepreneurs can now claim a $100,000 Bitcoin grant

The initiative appears to be a response to re-developing the capital's Soyapango district, which has a reputation for gang violence.

Samuel Wan · 3 days ago · 2 min read

Bitcoin mining company Compass Mining loses facility for not paying electricity bill

Bitcoin mining company Compass Mining loses Maine facility for not paying electricity bill to building owner

Liam 'Akiba' Wright · 3 days ago · 2 min read

Goldman Sachs says Coinbase may need to sack more workers; downgrades its stock rating to sell

Goldman Sachs predicts that Coinbase revenue could decline by 61% because of the current market conditions that have affected retail traders.

Oluwapelumi Adejumo · 4 days ago · 2 min read

Tether responds to the increase in hedge funds shorting USDT

Paolo Ardoino responds to reports that hedge funds have short bets on Tether's stablecoin USDT via crypto brokerage Genesis Global Trading.

Liam 'Akiba' Wright · 4 days ago · 2 min read

Bitcoin sees record outflows as Ethereum bucks trend

Most of Bitcoin outflows happened on June 17 and were likely responsible for its crash to around $17,760 on June 18.

Oluwapelumi Adejumo · 4 days ago · 1 min read

SEC Chairman Gary Gensler calls Bitcoin a commodity

The Chairman of the SEC said that Bitcoin is the only cryptocurrency he was ready to call a commodity.

Andjela Radmilac · 4 days ago · 2 min read

Glassnode report shows 2022 bear market is the worst in history

Bitcoin and Ethereum will trade below their ATH in their previous cycle for the first time since their creation.

Oluwapelumi Adejumo · 4 days ago · 2 min read

Voyager issues notice of default to 3AC over $675M loan obligations, legal action next

Voyager Digital has issued a notice of default to Three Arrows Capital over a 15,250 BTC loan and intends to pursue further legal action to recover the funds.

Samuel Wan · 4 days ago · 2 min read

Hacktivist group Anonymous sets sights on Do Kwon after LUNA meltdown

Anonymous intends to investigate Kwon's history since he entered the crypto industry and believes that there are several other crimes that he might have committed.

Oluwapelumi Adejumo · 4 days ago · 2 min read