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BIZpaye (CRYPTO) News

Iran crypto mining winter

Iran Suspends Crypto Mining to Save Energy


Iranian Ministry of Energy decided to temporarily stop operations of crypto mining hubs. The reason is the high level of electricity usage in winter. Chairman of the country's power grid developer and operator, Iran Grid Management Company, Mostafa Rajabi Mashhadi talked about the adopted measures...

Turkey Erdogan crypto

Turkish President Erdogan Sent Crypto Bill to Parliament


The local media of Turkey says, according to the country’s president, Recep Erdoğan, crypto law is now ready and it’ll be sent to the Parliament with no setback. He revealed the news in a recent meeting with economics journalists. In his speech, Erdoğan said people will see the guarantee of...

Meta blockchain crypto

Meta to Add Blockchain Interoperability, the Future CTO Says


The next CTO of Meta, the parent company of Facebook, Andrew Bosworth, plans to build extended interoperability between the firm and blockchain protocols. As per a report by the NY Times, the source of which is an internal message from the executive, Meta is exploring possibilities to partner with...

Cynthia Lummis Bitcoin

Senator Lummis Will Present Crypto Bill in 2022


US senator Cynthia Lummis, who is a supporter of crypto, announced her plans to put forward a comprehensive crypto bill that will bring the industry clarification. The politician is in favor of including crypto in financial systems properly. A Bloomberg release says, the regulatory structure that...

Terra Luna new all time high

Terra LUNA Set a New All-Time High of Over $95


The native crypto of the Terra blockchain ecosystem, LUNA keeps rising. Going up by over 66% in the last 7 days, the price of the token surged over $97. At the moment, LUNA is the 9th largest crypto with a market cap of over $36 bln. Total value locked in Terra has gone up essentially, making it...

Donald Trump cryptocurrencies

Donald Trump Finds Crypto is Dangerous, Predicts an Explosion


Former US President Donald Trump’s crypto views haven’t changed. Lately, he once again criticized the sphere, saying it is very dangerous. He stated his opinion at the interview with financial journalist Maria Bartiromo on FOXBusiness. To Bartiromo’s question, what Trump thinks about crypto...

Binance DWTC agreement

Binance and Dubai World Trade Centre Partner to Boost Crypto


Popular crypto ecosystem Binance revealed having signed an agreement document with the world's leading business event center venue DWTC. The news comes a day later after the Dubai government revealed the DWTC becomes a place and regulator for virtual assets and cryptos. Binance CEO Chaopeng Zhang...

Dubai crypto

Dubai World Trade Center To Become a Crypto Hub and Regulator


Today, December 20, the government of Dubai published a press release, saying that the Dubai World Trade Centre (DWTC) will turn into a comprehensive zone and regulator for digital assets and crypto. As the government said the statement includes digital assets, products, operators, and exchanges....

US congress stablecoins hearing

Stablecoins Hearing Held at the US Congress


The Senate Banking Committee discussed the sector of stablecoins in a recent hearing. Subjects of regulations and whether the assets are good for the economy or can lead to a financial crisis were raised. Four witnesses testified: director of financial policy at Open Markets, Alexis Goldstein,...

Crypto market December

Despite the Drop, Bitcoin Still Is 2x Up From 2020


Over the last day, the crypto market cap dropped by over 5%. Currently, it stands at around $2.13 trillion. Prices of most cryptocurrencies have seen significant losses in the last 7 days. The lowest price of Bitcoin in the last 24 hours, was $45,894.85 according to CoinMarketCap. In that...

Binance Singapore

Binance Singapore Will Be Closed, CZ Clarifies the Reasons


Today (Dec. 13) Binance Singapore has unveiled cancelling its application for a license to run crypto services. published a press release, saying the platform will fully stop functioning till February 13. In the announcement, the team informed that some functions are already unavailable....

Narendra Modi Twitter account hacked

Hackers Cracked Indian PM's Twitter Account


Attackers targeted the Twitter account of Indian PM Narendra Modi. On Sunday, Dec. 12, they spread fake news that India has adopted BTC. Also, the hackers wrote that the country acquired 500 coins to distribute to India’s residents. The office of the PM of India informed Twitter about the hack,...

Ark Invest Cathie Wood

Cathie Wood Continues to Be Bullish about Crypto


ARK Invest CEO and CIO Cathie Wood is bullish about the future of crypto, despite the current price decline. During a recent interview with CNBC on December 9, Wood shared her predictions. She reiterated her view that if more institutional investors choose Bitcoin, the price of the coin will...

Bitstamp new crypto listings

Bitstamp Launches SHIB, GALA, PERP and DYDX


Crypto exchange Butstamp revealed on Dec. 8 that it will add 4 new tokens: Shiba Inu (SHIB), Perpetual Protocol's PERP, dYdX (DYDX), and Gala Games (GALA). Today, the exchange revealed that users can place limit orders on SHIB and PERP pairs. SHIB is a popular meme coin. In July 2021, the Shiba Inu...

Congress crypto USA

Crypto Execs and Congress Discussed the Future of Finance


Crypto representatives and congresspeople discussed the future of digital assets during the hearing called by the chairwoman of the House Committee of Financial Services, Maxine Waters. Mainly, members of congress were positive about the industry. FTX CEO Sam Bankman-Fried, Coinbase CFO Alesia...

McGlone crypto

Bloomberg Expects US to Embrace Crypto in 2022


Bloomberg Intelligence released a crypto sphere outlook for 2022. The insights by Commodity Strategist Mike McGlone show that in 2022 there will be a clear regulatory framework and bullish trends in the crypto industry in the US. The prediction is based on China's ban and the development of...

Fidelity Nexo partnership

Nexo and Fidelity Will Offer Products for Institutions


Digital currency loan service Nexo collaborates with enterprise-grade crypto custody Fidelity Digital Assets (FDAS) to enable large entities access crypto services. Per the release published by Nexo on December 7, the companies will introduce first-class financial operations and...

Gemini crypto Colombia

Gemini Partners with Colombia's Largest Bank


New-York based crypto platform Gemini partners with Colombia's largest commercial bank, Bancolombia, thus allowing Colombians to trade BTC, Eth, Litecoin, and Bitcoin Cash. Services will become available from Dec. 14. From that day on, a certain group of the bank's users will be able to access...