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Big Crypto Game (CRYPTO) News



Jack Dorsey Lightning Network

Twitter or BlueSky May Integrate Lightning Network

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Businessman Jack Dorsey said he sees a possibility to include Bitcoin's Layer 2 solution Lightning Network into one of the media platforms led by him. When Dorsey posted about sphinx_chat, a forum where people can talk about lightning, a user named @deyonte, suggested Lightning Network's inclusion...

Texas

Texas banks will be able to store customers’ crypto

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The press center of the Texas Department of Banking said that now local lending institutions can process customer transactions with cryptocurrencies. In particular, they will be able to provide services for storing and accepting bitcoin or other virtual coins. A special order from the department,...

Alexis Ohanian about Ethereum

Alexis Ohanian Talked About Meme Coins and His Eth Holdings

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In one of his recent interviews to CNBC, Reddit co-founder, American internet entrepreneur and investor Alexis Ohanian talked about crypto, momentum investments and his crypto holdings. When asked what cryptocurrency is worth thinking about, Ohanian said his answer won’t be Dogecoin. He...

Ken Moelis crypto

Billionaire Financer Ken Moelis Interested in Crypto

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Ken Moelis, the chairman of an international investment bank and financial advisory Moelis & Co disclosed during a Bloomberg Deals that he is exploring the crypto industry and for new possibilities both for himself and for business. Talking about the crypto industry, Moelis said his entity is...

China arrests

1100 Crypto Traders Arrested in China on Money Laundering

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The Ministry of Public Security in China announced arresting more than 1.100 persons, who are accused of money laundering for telecommunication network fraud. Beforehand, the Chinese government reiterated the crackdown on crypto trading and mining. The country's police and security authority...

Google crypto

Google to Make Changes in Its Ad Policy Concerning Crypto

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Internet giant Google reviews its ad approach concerning the crypto industry. In a released post related to policy change on finance goods and services, the entity informs that from August 3, ad issuers suggesting crypto exchanges and wallets focused on the US may advertise products and operations...

Ron Paul about crypto

Former US Politician Ron Paul Finds BTC Is Money

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Ron Paul, former U.S. Representative for Texas's 22nd congressional district, said in a recent interview that he finds Bitcoin is a form of money and should be treated like that. There were discussed topics as inflation and issues with money printing and supply. Dr. Paul has always been a...

Coinbase Pro Dogecoin

Coinbase Pro Starts Dogecoin Trading on June 3

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On June 1, leading crypto exchange Coinbase published a blog post informing about the addition of DOGE to its platform for professional traders. The option to purchase Dogecoin will be unlocked for Coinbase Pro users from 9 AM June 3 if liquidity requirements are preserved. The launch will take...

Argentina crypto mining

BTC Mining Expands in Argentina Due to Cheap Energy

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Affordable government-supported power supply in Argentina opens more BTC mining opportunities allowing to mine from home. Generally, BTC mining is growing in places with low utility prices as it brings more income. As for Argentina, experts say the new policy adopted by the government can be used...

China OTC trading crypto

After Stricter Regulations in China, Traders Turn to OTCs

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While the Chinese government takes measures to regulate the crypto industry, traders find the solution via OTC (over-the-counter) desks. As reported by Bloomberg, after China announced the latest crackdown, there has been a huge uptick in OTC service usage. Trading crypto isn't allowed in the...

Joe Biden crypto regulation

Joe Biden's 2022 Budget Proposal Defines New Crypto Rules

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The White House released a new document on the US budget government. There are offers for changes concerning crypto regulations. The budget was issued on May 28. It is the first one introduced by Joe Biden's presidency. Two crypto points included in the paper define to provide more information to...

OCC crypto

OCC Will Review Existing Cryptocurrency Rules

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The US government agency Office of the Comptroller of the Currency will reconsider the crypto policy put forward by the previous management last year. Michael Hsu, who was assigned the role of Acting Comptroller of the Currency on May 10, made the request. He said that OCC has always been...

Goldman Sachs crypto report

Goldman Sachs' New Report Says Crypto Belongs to Asset Class

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American multinational investment bank Goldman Sachs recently recognized cryptocurrencies as a category of assets. The screenshots were published on Twitter by economist Alex Krueger. Crypto, a new asset class - quite a comprehensive report by Goldman. pic.twitter.com/FP2sewJCTx— Alex Krüger...

China bitcoin mining crackdown

China Restates BTC Mining and Trading Crackdown

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On Friday China reiterated its approach towards BTC mining and trading operations restriction. The crypto market crash continues. BTC price has lost over 22% during the previous 7 days. Currently, it trades at around $37.000 with a market cap of $697 billion. China's Vice Premier Liu He and the...

US crypto regulation

IRS Orders to Report Crypto Transactions Over $10.000

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The US National Treasury issued a report which defines new regulatory terms for cryptocurrencies. Transactions worth $10.000 and more must be reported to the IRS. This proposal was made in terms of president Biden's suggested American Families Plan. It puts forward a number of changes like...

Buterin crypto

Vitalik Buterin Expressed His Opinion About the Crypto Crash

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On May 20 Ethereum co-founder Vitalik Buterin gave an interview to CNN business. Talking about the recent crash in the crypto market, Buterin said it didn't surprise him. According to him, cryptocurrencies are in a bubble, and it's difficult to guess when they will rise. Buterin said it can happen...

Bitcoin price

Bitcoin Regains $10.000 after a Major Decline

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After seeing a major decline and dropping to $30.600, the price of Bitcoin seems to be recovering. The cryptocurrency gained $10.000 in a day and currently trades at around $39.900. BTC dominance index stands at 43.09% which is up by 2.7% in a day and the market cap is $753.9 billion. Most...

BlockFi rewards

Crypto Platform BlockFi Sends Users Large Amounts in BTC by Accident

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Crypto management platform BlockFi sent users large sums in Bitcoin by mistake. The payments were thought to be done in terms of a promotion that rewarded users with bonuses in USD stablecoins. The promotional period lasted from March 18 to 31 and the rewards were to be transferred to people's...