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BIZpaye (CRYPTO) News

India Reserve Bank crypto

India Reserve Bank Governor Warns Against Cryptocurrencies


The governor of India's Central Bank, Shaktikanta Das mentioned the risks related to cryptos in an interview with CNBC-TV18. Pointing to the fall of crypto prices, Das said that Indian regulators have been cautioning against the sector previously. Recently, prices of cryptocurrencies dropped...

Balenciaga crypto payments

Balenciaga Is Going to Support Payments in Bitcoin and Ether


Fashion house Balenciaga will provide the possibility to make payments in cryptos, particularly in Bitcoin and Eth. The brand's flagship stores in LA, New York, and its online store will support the option. Earlier this month Balenciaga released its NFT collection on the NFT marketplace of...

Andre Cronje crypto

Andre Cronje's Possible Return to DeFi Boosts FTM Price Growth


DeFi architect Andre Cronje, who served as a technical advisor for the smart contract platform Fantom, may return to the industry. This March, Cronje together with Anthon Nell, whith whom they worked on various DeFi projects, announced leaving the industry. What makes suggest that the developer may...

Lagarde crypto

European CB President Lagarde Says Crypto Has No Value


According to the European Central Bank’s president, Christine Lagarde cryptos are based on nothing and must be regulated so that people won't put their life savings in the assets. A Bloomberg report says Lagarde told Dutch television in an interview that in the case of cryptos, there isn't an...

Coinbase crypto

Coinbase Users Had Difficulties While Withdrawing Funds


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 blockchain halt

Terra Halted Block Production, Plans to Recover the Ecosystem


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...

Mark Cuban crypto

Mark Cuban Says Crypto Is Facing the Same as the Early Internet


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...

China Bitcoin

Shanghai High Court Said Bitcoin Is an Asset Protected by Law


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...

Bitcoin Germany

Germany Released a Crypto Tax Guide


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...

SEC crypto unit

US SEC Is Expanding Its Crypto Enforcement Unit


The US financial watchdog, Securities and Exchange Commission revealed the decision to have 20 new positions to its enforcement unit for the crypto industry to prevent fraud cases in the sector. Changing its name to Crypto Assets and Cyber Unit (previously Cyber Unit) and it will expand to 50...

crypto Wikimedia

Wikimedia Stops Accepting Crypto Donations


Wikimedia Foundation, the nonprofit organization running the online encyclopedia Wikipedia, stops accepting cryptos for donations. It released an update that says the organization will close its Bitpay account. On April 12, the WMF community requested to stop accepting donations in cryptos due to...

ApeCoin DAO

ApeCoin Price Grows Amid New Proposals


The price of the APE token increased by over 52% in the last 7 days. Currently, the token trades at around $21 with a market cap of over $6 billion. This makes APE the largest metaverse token as it has got ahead of MANA, SAND, GMT, and others. ApeCoin was launched on March 18 by the blockchain...

MetaMask MoonPay

MetaMask Partners with MoonPay to Enable More Payment Methods


Popular crypto wallet MetaMaks announced integration with the payments solutions provider MoonPay to allow all leading purchase methods. ConsenSys, the tech company standing behind the development of Metamask, published a blog post saying that crypto purchases have become easier with the...

Grayscale crypto Europe

GrayScale Investments Enters the European Market


Digital currency investing and asset management firm Grayscale is getting ready to enter the European market. The CEO of the firm Michael Sonnenshein told Bloomberg about the plans. Reportedly, it is not certain on which markets and countries Grayscale will offer its products. Sonnenshein said that...

MorganStanley crypto

Morgan Stanley Finds Crypto's Use as a Currency Can Grow


Global investment bank Morgan Stanley finds that the use of crypto as a payment method can grow. The bank released a report mentioning that few people use crypto to buy goods as costs for transactions are high and merchants don’t accept them for payments. However, that fact is changing, Morgan...

Binance Russia crypto limits

Binance Puts Some Limits on Services for Russian Users


Major crypto exchange Binance revealed limiting services for Russian users after the European Union's new package of sanctions. The company said that it is required to limit services for natural persons and legal entities in Russia that hold crypto assets worth over 10,000 euros (equal to...

crypto forecast

33.7 M US Adults Will Own Crypto by the End of 2022; Forecast Says


Cryptocurrencies have been growing in popularity. According to a forecast by the market research company Insider Intelligence, crypto adoption and usage will continue to rise significantly. This is the company's first forecast on the toptic. The forecast says that payments made in crypto will...

STEPN, GMT, crypto

STEPN (GMT) Hit a New High Surging 34.000% In 41 Days


The governance token of the Solana-based STEPN lifestyle app that uses the move-to-earn concept, GMT (Green Metaverse Tokon) hit a new high of 3.81 on April 19. GMT was launched on March 9 through an Initial Coin Offering (ICO), during which the price of the token was $0.01. Since then, the price...