Cryptocurrency News

Crypto credit cards developed by the Gemini exchange became available to American users. The company has released a new product in partnership with WebBank and MasterCard payment system. The card is available to residents of 50 states, and Gemini announced its intention to develop such a product...

Portugal’s Central Bank has granted a license to Bison Bank to establish the first crypto bank in the country. According to a report by the local media Sapo, Bison Bank is authorized to launch Bison Digital Assets, a company that will deliver custodial and exchange services of cryptos. Thus,...

Last year, some media began to spread information that the online retailer Amazon allegedly plans to start accepting cryptocurrency when paying for goods and services. However, soon the press service of the giant called these messages fakes. CEO Andy Jassi reiterated in an interview this week that...

Antoni Trenchev, co-founder and CEO of the crypto services provider company Nexo finds Bitcoin may reach $100,000 within a year. In an interview with CNBC, he also predicted short-time price fall along with traditional financial markets. His opinion is connected with the US Federal Reserve's...

A group of US investors led by Nessa Risley filed a class-action lawsuit against Uniswap Labs. They accused the developer of the popular DEX of non-compliance with securities laws, resulting in losses. In addition to the company, the plaintiffs also mentioned its founder Hayden Adams and investors...

Asset manager BlackRock plans to become Circle's primary reserve manager and is also considering expanding into the cryptocurrency market. This was during a teleconference, said the head of the investment giant Larry Fink. In April, BlackRock participated in a $400 million funding round behind the...

Development company Ava Labs, standing behind the Avalanche blockchain protocol, is raising a new fund. An article by Bloomberg says that the new valuation makes Ava Labs one of the cryptocurrency startups with highest value. Established in 2018, the firm is raising $350 M at a $5.25 bln valuation,...

Meta intends to charge a 47.5% commission on sales of digital goods in the Horizon Worlds metaverse. The reward structure includes a 30% fee towards the Meta Quest Store for VR headsets and a 17.5% fee for Horizon Worlds. On April 11, the corporation announced that it had opened the ability for...

The team behind the Nomad cross-chain bridge closed a $22 million seed funding round at a $225 million valuation led by Polychain Capital. Funding was also provided by 1kx, Ethereal, Hack VC, Circle Ventures, Amber, Archetype, Lattice, A&T Capital, Hypersphere, Dialectic, Breyer Capital,...

The Dogecoin Foundation, a non-profit organization supporting the development of the coin, published a blog post that considers how to achieve financial freedom. Product Lead Timothy Stebbing and Principal Engineer Michi Lumin described how "RadioDoge" will run and how it will enable...

Global fintech company FIS built a partnership with the cryptocurrency institutional custody startup Fireblocks to offer crypto trading and lending services to its over 6,000 clients. John Avery, FIS Global Product Head for Crypto and Digital Assets said that it makes it easy for the client base...

NFT avatar-focused project Genies closed a $150M funding round led by Silver Lake. Investors valued the firm at $1 billion. Genies provides users with the ability to create virtual avatars. The latter can be used in the metaverses along with various items in the form of non-fungible tokens. The...

The fall of bitcoin to its lowest levels since mid-March provoked another large-scale position in the futures market. Liquidations amounted to just over $430 million in the last 24 hours. The exchange cancels the trader's position in case of partial or complete loss of his initial margin....

Trading platform Robinhood added four cryptos; Shiba Inu (SHIB), Solana (SOL), Polygon (MATIC), and Compound (COMP). Robinhood announced the news via a blog post. The company mentioned that over 2021, crypto customers have continuously asked for sending and receiving tokens along with a wider...

In April 2022, the capitalization of bitcoin decreased by about 13% to $762.989 billion. The BTC rate on Tuesday, April 12, fell below $40,000 for the first time since March 16. The coin quickly bounced back, and already during the European session, it bounced to $40,179. Ether (ETH) and Binance...

Leading financial services provider Mastercard has applied for about 15 crypto and metaverse trademarks on April 4. Among them are filings for virtual cards and payments, NFTs, crypto and NFT marketplaces, etc. In February Mastercard hired 500 new team members to hold discussions with banks and...

Businessman, co-founder of leading private equity firm Carlyle Group, David Rubenstein reconsidered his views on crypto. At an interview with the Colossus podcast, Rubenstein said that he was previously skeptical about crypto as he thought nothing was underlying it. However, the businessman said it...

According to Arthur Hayes, co-founder of the BitMEX crypto exchange, Bitcoin is in danger of falling to $30,000 already in the current cycle. An industry representative commented on the current position of the cryptocurrency and noted that along with BTC, the fall of most altcoins is inevitable....