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Crypto News

Fast coverage of the stories moving crypto markets.

Crypto shines in spite of dire macro conditions

BTC continuously holding above $20k and ETH being far from the sub $1,000 mark have been taken as a sign of strength by the market.

Juan Pellicer 4 min read 4 years ago

Scams

U.S. Senator seeks safeguards disclosures from Apple, Google amid rise in fake crypto apps

Senator Brown asked the companies to provide details about their app store safeguards to thwart fake crypto apps amid rising scams.

2 min read 4 years ago

Regulation

England Law Commission recommends reforming property laws for digital assets

The Commission proposes creating a new category of "data objects" to ensure that private property laws can be applied to digital assets.

2 min read 4 years ago

Macro

Bitcoin-GDP correlation may explain drop in price as US enters a technical recession

The correlation between Bitcoin and GDP is an interesting metric that few investors analyze. Over the past 5 years Bitcoin has rallied only when GDP is increases quarter on quarter

3 min read 4 years ago

Price Watch

Crypto market regains $1 trillion as Bitcoin nears $24,000

Less than 24 hours after breaking through the $23,000 resistance, Bitcoin rallies help total crypto market cap to pass $1T

2 min read 4 years ago

Legal

US Treasury Department adds Kraken to investigations list for potential sanctions violations

According to the New York Times, crypto exchange Kraken is suspected to violate U.S. sanctions and is under federal investigation.

3 min read 4 years ago

Web3 SOL -1.14%

Solana spaces opens physical store in New York City

Vibhu Norby, Solana Spaces CEO, explained that the major aim of the physical store is to educate people about crypto and onboard new entrants.

2 min read 4 years ago

Legal LUNC -0.18%

South Korean officials conclude week-long raid in Terra-LUNA case

The Ministry of Justice has issued a "notification upon arrival" notice to Do Kwon while Daniel Shin is restricted from leaving the country.

2 min read 4 years ago

Hacks

Solana-based Nirvana loses $3.5M to flash loan exploit; tokens tank 90%

OtterSec said the Nirvana exploit is similar to the one that affected Crema Finance earlier in the month.

2 min read 4 years ago

Analysis USDT +0.01%

Research: USDC on track to flip USDT by Q3 to become leading stablecoin

USDC is expected to have a bigger market cap than Tether in the coming months due to greater compliance and transparency efforts.

3 min read 4 years ago

Exchanges

FTX US opens no-fee stock trading offering for all US users

FTX US customers now have access to the no-fee stock trading service, as exchange hints on introducing options trading next. According to the president, FTX US will become an all-in-one financial service provider.

3 min read 4 years ago

Regulation USDD +0.09%

IMF warns of more crypto pain ahead, including stablecoin failures

IMF Director Tobias Adrian warned crypto investors that macroeconomic factors are expected to put pressure on digital assets, particularly stablecoins.

3 min read 4 years ago

Merge ETH +0.10%

Ethereum 2.0 draws closer, Goerli testnet merge slated for August

ETH has been one of the best price performers in recent weeks. Its value has risen by over 45% in the last two weeks.

2 min read 4 years ago

NFTs

Damien Hirst chooses NFTs, will burn all 1,000 of his physical ‘Currency’ art pieces

World renowned artist Damien Hirst is burning 4851 physical art "tenders" for his NFT project Currency. Included are 1,000 of his personal collection as he states he will not keep any physical pieces.

2 min read 4 years ago

Metaverse

FTC wants to stop Meta from ‘owning the metaverse’

The commission's lawsuit wants to increase consumer choice and encourage innovation instead of buying competition and narrowing the market.

2 min read 4 years ago

Analysis MATIC +2.76%

Polygon (MATIC) price soared 233% in one month, what brought it out of the bear market?

Polygon's MATIC price has rebounded strongly since the beginning of July, from $0.3 on June 18 to $1 on July 18, an increase of 233%.

5 min read 4 years ago

Adoption

Naira now has a third “crypto exchange rate” as Nigerians rely heavily on crypto

Nigeria's dual exchange rate system becomes triple with the emergence of the crypto exchange rate of Naira, as Nigerians turn to crypto due to low confidence in Naira.

2 min read 4 years ago