Cryptocurrency News

Universities in the Philippines will offer free courses in blockchain and crypto, including trading, metaverse, decentralized finance, web3, and others partnering with Binance. Recently, the crypto exchange was present at the Philippine Senate hearing where industry leaders and regulators discussed...

Cryptocurrency prices are inflated by “monetary misconceptions” and conspiracy theories, while CBDCs are immune to volatility and can be trusted implicitly. This was stated by the head of the Central Bank of Finland, Olli Rehn. He added that some have joked that a CBDC is a solution looking...

Pew Research Center’s new survey says 46% of American crypto investors find that their investments have performed worse than they assumed. 15% of the participants said the results have been better than their expectations, 31% said the results corresponded to their expectations, and 8% said they...

The crypto lender Celsius, which is facing bankruptcy processes currently, is suing Prime Trust over $17 M in cryptos. The trust company provided custody and other services for Celsius. In June 2021, the businesses dissolved their partnership. According to the filing, Prime Trust returned about...

2021 turned out to be a good year for the FTX cryptocurrency exchange. The company's revenue grew by 1000% from $89 million to $1.02 billion. FTX is the third largest exchange after Binance and Coinbase in terms of the trading volume. Over the past 24 hours, the amount of transactions on this...

Telegram’s Chief Executive Officer Pavel Durov has offered to bring usernames and channel links to market in the form of non fungible tokens. Durov said in a message he wrote to his group that he was moved by the success of the auction TON (The Open Network) lately executed for their...

The Thai Securities and Exchange Commission (SEC) once again reminded the citizens of the country about the risks of investing in digital currencies. Only this time, the regulator urged investors to be as careful as possible when they decide to channel funds into projects deployed in the DeFi...

Samsung's security company based in South Korea will release its crypto exchange in 2023. According to local media, it will team up with several other securities companies in the country to establish a virtual asset firm. The companies started to obtain licenses from financial regulators in the...

Gary Gensler, the Chairman of the US SEC says there isn’t any reason to treat the cryptocurrency market in a different way than other capital markets only because it relies on different technology. According to the Wall Street Journal, Gensler mentioned the importance of investor protection,...

On Saturday, August 20, a rally was held on Dam Square in Amsterdam in support of Tornado Cash developer Alexey Pertsev. On August 12, Dutch authorities arrested an unnamed man on suspicion of being involved in money laundering and hiding criminal financial flows through a cryptocurrency mixer....

The bitcoin rate over the past two days has fallen from $23,376 to $20,871. The night before, the coin won back a little and rose to $21,294. Over the week, BTC capitalization decreased by 12.55% to $409.852 billion. The pressure from the bears is intensifying, bitcoin has not been able to break...

The financing of the business focused on the blockchain industry from September 2021 to June 2022 amounted to about $6 billion. The 40 largest corporations invested mainly in this sector, according to a study by Blockdata. At the same time, it is impossible to determine the scale of funding, since...

The Australian government is developing regulations for the cryptocurrency sector. Treasurer Jim Chalmers announced that soon the country will introduce a public advisory paper on the subject. The framework called "token mapping" will be a priority to figure out which cryptos are used in...

According to the ex-head of the BitMEX crypto exchange Arthur Hayes, in the event of a successful update of the Ethereum, the value of the network's underlying asset - ETH will begin to add. The sellers capitulated, the expert believes. Those who do not believe in its future have left the asset,...

On August 19, The Federal Deposit Insurance Corporation of the US released cautionary letters to 5 entities, and individuals saying they've made false and deceptive descriptions about digital asset products and the agency. The firms receiving such letters are FTX US, Cryptonews.com, Cryptosec.info,...

Prices of cryptocurrencies started to decline again after a market rise for several days. In the last 7 days, Bitcoin dropped by 13.5% and now trades at around $21,200. Ether fell by 17% and trades at around $1,600. Global financial markets are unstable amid the growing inflation over the world. A...

Cryptocurrency exchanges must obtain licenses by September 24 to operate legally on the South Korean market. According to the Financial Services Commission (FSC), 16 foreign marketplaces operate in the country without licenses. If they do not complete registration within the deadlines set by the...

Many companies in the crypto sphere are forced to lay off employees to reduce operating costs. Moreover, some teams have cut staff by more than 50% after the industry was in a state of crisis caused by the outflow of capital from digital currencies. Now this list has been added to the Genesis...