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Crypto News

Whales Transfer 267 Million XRP As The Price Attempts To Hold Above $0.35

Almost 270 million XRP tokens associated with Ripple have been traded in the last day, according to crypto tracking service Whale Alert. The exchange took place between wallets that the aforementioned source classified as "unknown." At the time of the transfer, the amount of XRP that was exchanged was equivalent to $97,775,558 in cash. Due to the Fed Reserve's announcement of increase interest rates, there's been a current sell-off in cryptocurrency market.

U.Today - 1346 ngày trước

The UN Will Send Financial Aid To Ukrainians Via The Stellar Blockchain

The Stellar Development Foundation (SDF) announced its collaboration with the United Nations High Commissioner for Refugees (UNHCR) to test a Stellar-powered digital cash disbursement mechanism for distributing funds to Ukrainian refugees. The stablecoin USD Coin (USDC), which is given directly to recipients' phones through Stellar Aid Assist, is already being utilized "to offer qualified Ukrainians" with financial support, according to the project's website.

CryptoPotato - 1346 ngày trước

Hal Finney Has Reactivated His Twitter Account After 12 years

After twelve years of inactivity, Hal Finney's early Bitcoin supporter and adopter Twitter account has been restored. In 2009, Satoshi Nakamoto sent the first blockchain transaction to Finney. Since 2010, Finney's Twitter account has not been active. There have been worries recently that the account would be terminated as part of Elon Musk's intentions to erase 1.5 billion dormant accounts, unintentionally wiping out a portion of Bitcoin's history.

cryptoslate - 1347 ngày trước

Tezos-Powered NFT Is Launched By Manchester United Club

One of the top soccer teams in the world, Manchester United, has released its first set of non-fungible tokens on the proof-of-stake Tezos blockchain. The first digital collectible from the team is a key that grants users free access to a variety of benefits. For the purpose of claiming NFTs, fans must log in using their Tezos wallets. One can track digital collectibles on the blockchain and save them in their wallet.

U.Today - 1347 ngày trước

92% Of Most High Net Worth Investors Want Access To Cryptocurrency

Even though the crypto industry has had a challenging year, high net worth investors have demonstrated interest in accessing the innovative asset class and haven't been deterred by the difficulties. According to a study conducted by Coalition Greenwich in collaboration with Talos, 92% of mass affluent and high net worth clients have recently inquired about the prospect of adding cryptocurrencies in their portfolios.

Finbold - 1347 ngày trước

Basel Committee Finalizes Policy Proposing A 2% Limit On Banks' Bitcoin Exposure

A draft rule that would set a 2% restriction on banks' Tier 1 capital held in bitcoin has been finalized by the Basel Committee on Banking Supervision of the Bank for International Settlements (BIS). This has the support of the Basel Committee, the main worldwide standard setter for the prudential supervision of banks, as well as the Group of Central Bank Governors and Heads of Supervision, the organization in charge of the Basel Committee's oversight.

Bitcoin Magazine - 1347 ngày trước

Shiba Inu Whale Moves 2,673,966,699,162 SHIB In Huge Crypto Transaction

Over 2 trillion Shiba Inu (SHIB) are suddenly changing hands in a single, enormous transaction, thanks to an unnamed whale. A wealthy trader abruptly transferred 2.6 trillion tokens, valued at around $23 million, from one unidentified crypto wallet to another, which was transferred recently in the morning for a cost of just $1.01 in ETH, the most popular smart contract platform, according to new data from whale-surveying platform Whale Alert.

The Daily Hodl - 1347 ngày trước

Jack Dorsey Provides 14 BTC In Funding For The Decentralized Social Network Nostr

Jack Dorsey gave about 14 BTC, or about $245,000, to support Nostr's development. The open protocol called Nostr seeks to build an international social network that is impervious to censorship. Following a blog post where Dorsey expressed his opinions on the necessity for a native internet protocol for social media, Koty Auditore urged Dorsey to sponsor Nostr after it was revealed that he will give $1M annually to the encrypted messaging app Signal.

coindesk - 1347 ngày trước

Coinbase Prime Now Supports Polygon Staking

The largest crypto exchange in the United States, Coinbase Prime, has announced that it now permits staking Polygon. With a market valuation of $7.9 billion, MATIC continues to be the tenth largest crypto. The company celebrated another milestone on Wednesday when Coinbase Prime earned two System and Organization Control certifications. Companies must follow strict security and supervision guidelines in order to acquire these attestation reports.

U.Today - 1347 ngày trước

Brazil Grants Crypto.com A License To Operate As A Payment Institution

The Brazilian Central Bank has granted Crypto.com a Payment Institution License, the crypto exchange announced on Thursday. In the nation, where the Crypto.com Visa card has been available since 2021, the firm is now able to continue providing regulated fiat wallet services. According to Crypto.com CEO Kris Marszalek, Brazil and the wider Latin American market is an important territory in the pursuit of their vision of crypto in every wallet.

coindesk - 1347 ngày trước

Donald Trump, A Former US President, Unveiled His NFT Trading Card Collection

An NFT collection called the Donald Trump Digital Trading Card collection was revealed on Trump's Truth Social account, by the former U.S. president. The NFT collections will be minted on the Polygon blockchain. The website for the collection advertises that each card is only $99! A 1-on-1 Zoom call or an hour of golf with Trump are among the rewards available in a sweepstakes connected to the collection debut.

theblock - 1347 ngày trước

Japan Plans To Lower 30% Cryptocurrency Tax On Paper Profits For Token Issuers

The Japanese government plans to lower tax laws for domestic crypto firms as it works to promote expansion in the country's tech and financial industries. Even if they haven't made a profit through a sale, Japanese companies that issue crypto are currently compelled to pay a flat 30% corporate tax rate on their holdings. As a result, a number of established crypto-blockchain firms and talent apparently choose to establish themselves elsewhere.

cointelegraph - 1347 ngày trước

ERC-20 Tokens That Were Inadvertently Sent Can Now Be Retrieved Via Coinbase Tool

Users who mistakenly transfer unsupportable tokens to exchange addresses have access to an asset recovery option provided by cryptocurrency platform, Coinbase. By supplying the Ethereum TXID for the transaction where the asset was lost and the contract address of the lost asset, customers who deposited any of the nearly 4,000 ERC-20 tokens to an address can retrieve their unrecoverable payments through the cryptocurrency platform.

cointelegraph - 1348 ngày trước

Russian Social Media Behemoth Vkontakte Announces The Launch Of NFT Service

The top social networking platform in the Russian-speaking market, Vkontakte (VK), has launched an NFT service coupled with an instructional course on non-fungible tokens (NFTs). At a presentation in Moscow, VK's CEO Marina Krasnova and Chief Technology Officer Alexander Tobol said that the new features would soon be accessible to all users. Owners of digital collectibles will be able to transfer them to their accounts using the VK NFT option.

Bitcoin News - 1348 ngày trước

Financial Regulator Issues In New York Cryptocurrency Guidelines For Banks

The New York State Department of Financial Services laid out that information financial institutions must submit before gaining approval to engage in virtual currency-related operations in a digital asset. The guidelines direct banks to submit a business plan outlining the proposed activity, explain how such a service would affect the bank's capital and liquidity, and notify NYDFS of their plans at least 90 days in advance.

Reuters - 1348 ngày trước

9 Additional WisdomTree Blockchain-enabled ETFs Are Approved By The SEC

The $82 billion asset manager WisdomTree's nine additional blockchain-enabled funds have received approval from the U.S. Securities and Exchange Commission (SEC). None of these funds actually monitor cryptocurrency assets, but the company does use the Ethereum and Stellar blockchains to maintain a secondary record of share ownership, making them blockchain-enabled or, as WidsomTree calls them, "digital funds."

cointelegraph - 1348 ngày trước

Hong Kong Introduces The First Cryptocurrency Futures ETFs Amid Market Volatility

In spite of the sector's collapse, two exchange traded funds that follow the U.S.-listed crypto futures have raised a combined $73.6 million ahead of their debut on the Hong Kong stock exchange. The bankruptcy of the crypto exchange FTX was the most recent blow to the industry after months of upheaval for cryptocurrencies. The value of Bitcoin has decreased by more than 70% since it reached a record high in Nov 2021.

Reuters - 1348 ngày trước

The Goal Of The G20 Nations Is To Create A Policy Consensus On Crypto

Group of 20 (G20) member nations have disclosed a proposal to create a cryptocurrency policy consensus that would probably influence the worldwide regulation of the digital asset sector. According to Ajay Seth, the federal economic affairs secretary for India, the member states advanced the notion of a policy consensus in response to the rise in popularity of digital assets and its implications for the economy and monetary system on December 14.

Finbold - 1348 ngày trước

Charles Hoskinson Thinks Solana Might Become Cardano's Sidechain

According to Charles Hoskinson, the Cardano network might add the Solana smart contract technology as a sidechain, believing that solana would be in a much better position if it partnered with Cardano. Hoskinson also suggested that the popular memecoin Dogecoin may function as a sidechain for Cardano. The creator of Cardano claims that a sidechain should have its own processing model, idea of data availability, network stack, and consensus method.

The Daily Hodl - 1348 ngày trước

The Number Of Active ETH Addresses Has Surpassed 1.4 Million

According to Glassnode data results, the total number of active Ethereum (ETH) addresses has reached a significant new all-time high. On December 9, there were 1.4 million active addresses, a record high. The previous ATH, which was slightly above 1 million, was noted at the end of July. Many notable analysts saw significant changes in ERC20 and stablecoin transactions on December 9 when after focusing on some particular transaction types.

cryptoslate - 1348 ngày trước

Australia Will Introduce A Cryptocurrency Licensing System To Modernize Its Financial System

As part of larger measures to modernize the nation's financial system, Australia will propose a new framework for regulating crypto firms next year. Treasurer Jim Chalmers and Assistant Treasurer Stephen Jones said that regulatory architecture had not kept up with the new digital products and services. To help establish right custody and licensing regulations and decide which digital assets should be governed, a consultation document will be made available in 2023.

Decrypt - 1349 ngày trước

Jack Dorsey Promotes A Decentralized Alternative To Twitter

The former CEO of the social media platform, Jack Dorsey, has advocated for a free and open protocol for social media in light of the internal inquiry conducted by Elon Musk that revealed censorship-related problems on Twitter. The former CEO of Twitter claims that this entails making it resistant from governmental control, granting the exclusive authority to delete content to the author, and instituting moderation through algorithmic decision.

cointelegraph - 1349 ngày trước

In Seven Out Of The Last Ten Years, Bitcoin Has Outperformed The Financial Markets

The digital currency Bitcoin (BTC), which aims to become a widely used financial instrument, has long been linked to significant volatility. Despite the volatility, the asset has produced substantial returns over the years, much exceeding those of conventional financial instruments. Over the past ten years, Bitcoin has become the asset with the best performance in seven of those years. However, additional data shows that for the three years in which Bitcoin did not win the top spot, the asset had the weakest performance.

Finbold - 1349 ngày trước

PayPal And MetaMask Collaborates To Provide Crypto Onramp To Some Users

ConsenSys revealed today that MetaMask and PayPal are collaborating to provide an Ethereum (ETH) onramp to the web3 application. The integration is the first between PayPal and a web3 wallet and will first be made available to a small number of PayPal users in the United States. Users will be able to purchase ETH from PayPal directly from the MetaMask app or transfer any current ETH balance from their PayPal account to their MetaMask wallet.

theblock - 1349 ngày trước

Ethereum Net Inflows Of Nearly $800 Million Deposited To Binance

It was reported that during the previous 24 hours, the ETH wallets of the crypto exchange, Binance had experienced net inflows of almost $718 million in crypto, citing data firm Nansen. Also, it was reported that Binance had experienced huge withdrawals of ETH and ERC20 tokens totaling almost $2 billion. Binance CEO tweeted earlier today that huge withdrawals from the system had subsided and steadied and that deposits had started to come in.

U.Today - 1349 ngày trước

Algorand Will Assist The Italian Platform For Bank And Insurance Guarantees

The Italian banking and insurance industries will adopt an innovative digital guarantees platform, which will be supported by the blockchain layer-1 platform, Algorand public blockchain. The platform supported by Algorand is expected to debut early 2023. This is the first time a member state of the European Union would deploy blockchain tech for bank and insurance guarantees, according to Algorand's recent announcement.

cointelegraph - 1349 ngày trước

ConsenSys Introduces The zkEVM Private Testnet Beta

Web3 ecosystem developer ConsenSys, revealed the zero-knowledge Ethereum Virtual Machine (zkEVM) network for private beta testing. Developers may install and maintain decentralized apps using tools like MetaMask, Truffle, and Infura as if they were utilizing the EVM directly thanks to ConsenSys' design and operation of these systems. Also, users can test smart contracts and DApps by bridging assets between the Goerli testnet and the zkEVM.

cointelegraph - 1349 ngày trước

Major Japanese Utility Partners Moves To Profit From Extra Power With Crypto Mining

To make the most of the extra electricity on its grid, Tokyo Electric Power Grid (TEPCO), a big utility firm in Japan, collaborates with the regional producer of mining rigs TRIPLE-1. This is after a nuclear plant in Fukushima that the company was operating without adequate risk controls was hit by an earthquake and tsunami in 2011, leading the utility to try to regain its clientele and reputation. Later, in 2012, the government acquired a 50.1% share in the firm.

coindesk - 1349 ngày trước

During The 2022 Bear Market, The Number Of Cryptocurrencies Surpassed The 22,000 Threshold

The cryptocurrency market was put under a lot of pressure in 2022 due to unfavorable events like regulatory pressure, macroeconomic uncertainty, platform collapses, and bankruptcy, yet it nonetheless continued to expand. In particular, on December 11, the number of cryptocurrencies tracked by CoinMarketCap surpassed the 22,000 mark for the first time in history. Currently, the number of cryptocurrencies stood at 22,032.

Finbold - 1349 ngày trước

Apple Will Allow Third-party App Stores, Benefiting The NFTs And Cryptocurrency Space

In order to comply with new anti-monopolistic regulations from the European Union, tech giant Apple wants to allow third-party app stores on its devices. This could be seen as a huge win for cryptocurrencies and NFT app developers, at least in Europe. European users would be able to download alternative app marketplaces outside of Apple's exclusive App Store, enabling them to download apps that avoid Apple's 30% commissions and app restrictions.

cointelegraph - 1349 ngày trước

In A Court Filing, The CFTC Again Designates Ether As A Commodity

In a recent court filing, the Commodity Futures Trading Commission (CFTC) declared Ether once again, a commodity. This is in contradiction to remarks made by the agency's head Rostin Behnam on Nov 30 that Bitcoin was the only crypto that should be regarded as a commodity. The regulator repeatedly referred to Ether, Bitcoin, and Tether in its action against Sam Bankman-Fried, FTX, and Alameda Research as "commodities" under US law.

cointelegraph - 1350 ngày trước

Binance US Clients Are Now Able To Use Mobile Payments

Approximately 22 months after Binance released this option for its users outside of the U.S. in 2021, the U.S-based crypto exchange, Binance US has brought out its Binance Pay service for its users as well. In addition to stating that the app is currently only available on mobile devices as it gets ready to launch a web version which will emerge in the near future, Binance US clarifies that Pay transactions will have zero gas or transaction fees.

cointelegraph - 1350 ngày trước

Earning Bitcoin Is More Appealing To Gamers Than NFTs

According to a recent survey, a large part of gamers are prepared to play if they are offered the chance to earn bitcoin, even though others are against the integration of NFT for games. The study also showed that while only 5% of respondents were interested in earning NFTs, 27% of respondents were interested in earning BTC in games. This shows that rather than only collecting NFTs, players in play-to-earn games are more interested in earning BTC.

cointelegraph - 1350 ngày trước

The Brazilian Central Bank Intends To Introduce A CBDC In 2024

By 2024, the Central Bank of Brazil intends to launch a central bank digital currency, according to bank President Roberto Campos Neto, who made the announcement during a conference organized by the Brazilian news website Poder360. Before beginning to utilize the CBDC, a digital currency issued by a central bank, more widely, the bank will run a trial program in collaboration with a few financial institutions, according to Campos Neto.

coindesk - 1350 ngày trước

Billionaire Arthur Hayes Predicts That Bitcoin Will Outperform Stocks In The Upcoming Year

The king of cryptocurrencies, Bitcoin (BTC), could outperform the stock markets in 2023 according to a massively optimistic catalyst being unveiled by prominent cryptocurrency investor Arthur Hayes. The billionaire claims he anticipates the Federal Reserve will eventually loosen its monetary policies next year owing to a grim macroeconomic background in a recent interview with cryptocurrency strategist Scott Melker.

The Daily Hodl - 1350 ngày trước

Despite The Cryptocurrency Markets' Collapse, Coinbase Adds 19 Million Verified Users In 2022

Coinbase's user base appears to be unaffected by protracted down markets, despite the fact that the cryptocurrency sector is currently in a bear market, which may be impacting investor interest in digital asset trading more generally. Data obtained shows that Coinbase onboarded 19 million verified users globally between December 31, 2021 to September 30, 2022, which represents an increase of around 21.35%.

Finbold - 1350 ngày trước

The Financial Stability Board Holds Cryptocurrency Service Providers To The Same Standards As Banks

The largest financial services regulator in the world, the Financial Stability Board, has stated that it will hold crypto companies to the same standards as banks, once they provide the same service that banks provide. In early 2023, the global watchdog will lay out a set of worldwide regulations covering crypto, which would then be put into effect by local governments, according to a spokeswoman for the organization who spoke to the Financial Times.

Decrypt - 1350 ngày trước

Nvidia Predicts That By 2023, Many Automotive Firms Will Use Metaverse Technology

A lot of automobile businesses will begin integrating their operations with the metaverse in 2023, according to Nvidia, one of the biggest AI and graphics companies in the world. A lot of automobile businesses will begin integrating their operations with the metaverse in 2023, according to Nvidia, one of the biggest AI and graphics companies in the world.

Bitcoin News - 1350 ngày trước

Litecoin Mega Whales Have Acquired Nearly $220,000,000 In LTC In Just Five Weeks

The peer-to-peer payments network Litecoin has reportedly been accumulated by crypto whales during the most recent phase of the bear market, according to analytics company Santiment. Santiment points out that the number of Litecoin addresses with more than a million LTC is at its highest level since June 2017. According to the analytics company, these whales had acquired 2.95 million LTC worth $219.6 million in the last five weeks.

The Daily Hodl - 1350 ngày trước

Senator Lummis Is Still Comfortable Using Bitcoin For Retirement Plans

Despite appeals from her Senate colleagues to the contrary, Pro-crypto U.S Senator Cynthia Lummis has remained steady in her support for BTC as a component of diversified retirement plans, saying that crypto winter will not change her mind. Lummis has made a notable effort to advance progressive crypto regulation alongside Senator Kirsten Gillibrand and appears to be one of the few openly crypto-friendly legislators in the United States at the moment.

cointelegraph - 1350 ngày trước