Latest Blockchain and Crypto News

DeFi portfolio manager KeyFi accuses Celsius of being a fraud and a Ponzi scheme. Ex investment manager at Celsius, Jason Stone, sued the lending protocol, inflated the price of its native coin CEL, and failed to hedge risk. Currently, Stone is CEO and co-founder at KeyFi. According to the legal...

The Belgian authorities will regulate transactions with digital currencies by securities laws. Last Wednesday, the Financial Services and Markets Authority (FSMA) issued a statement saying that Belgian law will be guided by the European Union's anti-money laundering regulatory framework. Issuers of...

Galaxy Digital CEO Mike Novogratz said in an interview with Squawk Box that the crypto sector is close to the bottom after massive leverage positions were liquidated. He predicted that the market is close to the bottom. Novogratz assumes however, that the volatility will continue until a bullish...

Crypto lender Celsius, which found itself in a crisis recently, finished paying its loan to Maker DAO and got 21,962 WBTC worth around $440 M in collateral back. As can be seen on DeFi Explore, now the liquidation price is $0. In June, Celsius paused withdrawals, swaps, and transfers between...

In a Bitcoin Reserve Podcast, Prince Philip Karadjordjevic of Serbia & Yugoslavia shared his thoughts on how bitcoin can improve society and governments predicting that monarchies will soon adopt bitcoin. Philip Karadjordjevic, a Bitcoin maximalist, assumes that soon an Arab monarchy or a...

As part of complying with the sanctions legislation of the European Union, the BitMEX cryptocurrency exchange has decided to stop serving Russian users. Over the past few months, many large trading platforms have banned citizens of the Russian Federation from making transactions with digital...

The Italian government revealed incentives for technological developments related to blockchain and AI. A statement published by The Ministry of Economic Development (Ministero dello Sviluppo Economico or MISE) says certain blockchain and other tech projects will be able to apply for up to $46 M as...

Popular CNBC host Jim Cramer recently stated that a resumption of the Bitcoin rally is unlikely anytime soon. Most likely, the digital currency market will continue to stagnate, and the activity of investors on trading floors will weaken. Earlier this week, Cramer was even more pessimistic. He...

As many analysts had warned, the introduction of a tax on crypto transactions led to a significant drop in trading on Indian bitcoin exchanges. According to CoinGecko, the average daily transaction amount has fallen by more than 60%. The most affected were the leading Indian exchanges - ZebPay,...

Bitcoin and the US dollar show multidirectional movement dynamics. When the US currency adds value, BTC, on the contrary, retreats. Bitcoin is viewed by most experts as a risky asset, which is why it trades in tandem with tech stocks and is highly dependent on the US stock market. As a result of...

Changpeng Zhao (CZ), the Chief Executive Officer of the largest crypto exchange platform Binance met with the Ivory Coast's (Côte d'Ivoire) president Alassane Ouattara. They discussed economic and financial aspects related to crypto. CZ tweeted that Africa is primed for crypto adoption with...

Opportunities for Singaporean retail investors in the cryptocurrency market may be narrowed. The authorities are ready to take such a step to protect the residents of the metropolis from fraudulent projects and risky investments. According to Tarman Shanmugaratnam, representing the Monetary...

American TV host Jim Cramer assumes that cryptos will continue to drop and finds they have no value. He has changed his mind about crypto many times. At CNBC’s Squawk Box, Cramer shared his views on the performance of different asset categories including cryptocurrencies for this year. He...

Crypto.com recently cut its headcount by about 5% as part of a business optimization effort. This decision was made by the platform management against the backdrop of a sharp drop in the value of digital currencies and the dominance of bearish sentiment in the market. Recently, reports have been...

Voyager becomes the second large cryptocurrency company to submit a file for bankruptcy. On July 5, the firm applied for Chapter 11 which enables a company to continue to run its business and modify collateral obligations. Chapter 11 is the most complex form among the bankruptcy processes....

According to JPMorgan analysts, the cryptocurrency market will soon come out of the “winter” state. As a result of the recent fall in bitcoin, the leverage in the cryptosphere has been significantly reduced. If it continues to decline in the coming months, then the lion's share of players with...

On Thursday, June 30, the Salvadoran government purchased an additional 80 BTC for a total of $1.52 million, President Nayib Bukele announced this. “El Salvador bought 80 BTC today at $19,000 each. Bitcoin is the future. Thank you for the cheap sale,” Bukele wrote. On June 30, the rate of the...

Crypto investment company Three Arrows Capital filed for Chapter 15 Bankruptcy. The legal filing enables a foreign debtor to file for bankruptcy in the US court system. Businesses or people having assets in more than one country use Chapter 15 for insolvencies. A few days earlier, a court in the...