Cryptocurrency News

Spot transactions with digital currencies will become available to users of BitMEX. The press service of the company said that transactions can be made in tandem with Tether (USDT). Investors will be able to trade with bitcoin, ether, UniSwap, ChainLink, Polygon, and Ape. Through the launch of...

Against the backdrop of the collapse of the digital assets of UST and LUNA, parliamentary hearings were organized in South Korea by one of the political parties. According to reports, the “event” was also directly attended by the co-founder of the Terra project Do Kwon. This was reported by...

In May 2021, the Chinese authorities began to force miners out of the country. As a result, the computing power of the Bitcoin network collapsed to a minimum since 2019. If before China was the world leader in terms of bitcoin capacity, now American miners control the lion's share of the BTC...

Australian traders must pay taxes on income received from digital asset transactions. With the corresponding reminder the day before, the Australian Tax Administration issued a reminder. Moreover, taxes must be paid on all types of transactions, including NFT tokens. Australia is on the list of...

Yesterday, May 16, the co-founder of the troubled Terra blockchain network, Do Kwon, announced a change in the previously approved strategy to restore the ecosystem. The idea to create a new plan arose against the backdrop of a significant decline in Terra's capitalization in recent days, for which...

Mining company Celsius Mining, a subsidiary of the crypto-lending platform Celsius Network, has confidentially filed an S-1 application with the US Securities and Exchange Commission (SEC) for an IPO. "The registration statement is expected to become effective after the SEC completes its...

The Nigerian Securities and Exchange Commission (SEC) has published new rules for regulating cryptocurrencies, which classified them as securities. According to the 54-page document, digital assets are analogous to a stock or an issuer's debt claim. “Cryptocurrencies are by default administered...

The Indian authorities maintain a negative attitude towards digital currencies. Back in April, the head of the country's financial department, Nirmala Sitaraman, said that such tools are mainly used by criminal structures. The Reserve Bank of India believes that the massive transition to...

Bloomberg strategist Mike McGlone commented on the fall of the stock market and digital currencies. In his opinion, the trend we observe is a direct result of the tightening of the monetary policy of the US Federal Reserve System. The expert expressed his position in an interview with Yahoo...

The recovery plan for lost funds due to the collapse of the Terra project should give priority to holders of small amounts. This opinion was expressed by Ethereum co-founder Vitalik Buterin. On May 8, the algorithmic stablecoin TerraUSD (UST) lost its peg to the US dollar. This happened against the...

Terra blockchain ecosystem founder Do Kwon said he's heartbroken about the pain his invention caused the community. Kwon tweeted that in the past few days, he has held phone calls with Terra blockchain engineers, community members, employees, friends, and family that have been devastated by the...

Entrepreneur, the author of "Rich Dad, Poor Dad", Robert Kiyosaki finds that Bitcoin crashing is great news. A recent tweet by Kiyosaki says that he continues to wait for BTC to crash to $20,000. The entrepreneur mentioned then he would wait for the coin to drop to $17,000. Kiyosaki plans...

Norway’s Parliament said no to the proposal to prohibit energy-intensive crypto mining in the country. The proposal was made by Norway's political party Rødt (Red Party) in March. Rødt finds that it is better to use Norway's natural power sources for other purposes than crypto mining saying...

Users of the crypto exchange Coinbase were reporting difficulties while withdrawing holdings amid the significant fall in crypto prices. On May 12, Coinbase Support tweeted that the team is aware that some customers are having issues trading and using accounts on Coinbase and Coinbase Pro. The...

Terra announced officially halting at block 7607789 as UST continues to be below its peg and LUNA is 99% down. The tweet published by the company says that validators have stopped the network to build a plan to recover operations. The Terra blockchain has officially halted at block 7607789.Terra...

Entrepreneur Mark Cuban, who owns the basketball team Dallas Mavericks expressed his opinion about the current crypto market weakness. Currently, Bitcoin trades at around $29,000, and Ether hovers over $2,000. In the last 24 hours, the total crypto market cap fell by around 8% and now is $1.25...

The Shanghai High People's Court has mentioned that Bitcoin is a digital asset protected by Chinese law, adding that the coin has economic value. According to local media, the declaration was made in connection with a court hearing. A person called Cheng Mou filed a lawsuit demanding that another...

The Ministry of Finance (BMF) of Germany has updated its crypto policy. According to new rules, the sale of bought digital assets like bitcoin and eth won't be taxed if held longer than a year. It is the first time that Germany issues a nationwide uniform and instructions on cryptos. In addition to...