Blockchain & Cryptocurrency News

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Sat, 23 Sep 2023, 02:04 AM
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South Korea's Foreign Holdings Dominated by Cryptocurrency, Tax Agency Reveals

Proposal to Revamp Bitcoin Ordinals Numbering System Sparks Debate in Crypto Community

Casey Rodarmor, the brain behind Bitcoin Ordinals, has recently brought forth a suggestion to revamp the current numbering system utilized by the protocol. The primary objective behind this move is to declutter and...

Binance CEO Disputes Media Coverage of $250 Million Transaction Amid Ongoing SEC Lawsuit

Recent developments have revealed a disagreement between Binances CEO, Changpeng Zhao, and media coverage regarding a $250 million financial transaction. A Decrypt news story on September 19 interpreted specific legal...

Anticipation Abounds as Federal Reserve Keeps Rates Steady – Impact on Cryptocurrency Market Awaited

The digital currency world sat in anticipation as the Federal Open Market Committee prepared to reveal its latest interest rate decision. Anticipated by many, the U.S. Federal Reserve seemed likely to keep rates steady....

Grayscale Forgoes Ethereum Tokens Post-Merge, Pursues ETH Futures Exchange-Traded Fund

The cryptocurrency investment company Grayscale made a definitive choice to forgo any entitlement to the Ethereum tokens that were post-Merge proof-of-work (ETHPoW). This decision was shared with the public on September...

Stanford University to Return $5.5 Million in Donations from Defunct FTX Amidst Legal Controversy

Stanford University, situated in California, recently announced its intentions to give back all monetary gifts it had received from FTX, a cryptocurrency exchange that has since ceased operations. Bloomberg was the first...

Bitcoin Hodlers on the Rise: Data Reveals Growing Hesitancy to Part with Digital Gold

Emerging data reveals that individuals holding Bitcoin (BTC) are increasingly hesitant to part with their digital gold, as shown by the decrease in exchange holdings and the rising percentage of untouched Bitcoin...

Cryptocurrency Lender Hodlnaut Rejects OPNX's Buyout Amid Falling Token Value

Recent reports reveal that Hodlnaut, a once-prominent cryptocurrency lender currently under interim judicial management, has turned down a takeover bid from the cryptocurrency platform OPNX. This decision came to light...

Judge Recommends Collaboration Between SEC and Binance.US Over Documents and Testimonies

During a recent hearing, U.S. Magistrate Judge Zia Faruqui refrained from directing Binance.US, the American offshoot of the global cryptocurrency exchange Binance, to present its top-level executives for questioning. He...

Federal Reserve Records $100 Billion Loss, Projected To Rise

The Federal Reserve of the United States recently disclosed a staggering financial dip, revealing a $100 billion deficit for 2023 on September 14. Sources like Reuters anticipate this downturn to deepen in the coming...

Business

Google Cloud's Web3 Lead Urges Focus on Real Business Issues Over Token Prices Mon, 18 Sep 2023, 14:33 pm UTC

James Tromans, the leading figure behind Google Clouds Web3 initiative, recently voiced his concern that the crypto sector is overly concerned with token valuations. He emphasized that the industry should be more intent on...

PolkaWorld Suspends Operations after Polkadot's Treasury Denies Funding Request

Southeast Asia's Grab Teams Up with Circle to Launch Web3 Services in Singapore

Singapore Bank Sanctions Crypto Fund Founders Over Regulatory Breaches

Technology

Cyber Attack Hits Atomic Wallet, Users Report Loss of Digital Assets Mon, 05 Jun 2023, 02:51 am UTC

The globally recognized crypto platform Atomic Wallet has fallen victim to a cyber attack, with clients reporting a sudden disappearance of their digital assets. As a non-custodial decentralized purse, the responsibility...

Blockchain payment solution provider NFTpay Integrates with Algorand Blockchain Network

Bitcoin Network Surpasses 10 Million Entries with Ordinals Protocol

Multichain Platform's Technical Glitches Stoke Concerns in the Cryptocurrency Sphere

Investing

Calls for Global Crypto Regulation Grow Louder Amid European Union's MiCA Framework Approval Wed, 20 Sep 2023, 10:32 am UTC

European Unions recent strides in the crypto regulation space, particularly with the approval of the Markets in Crypto Assets (MiCA) framework, are commendable. Yet, voices for a more cohesive worldwide approach have grown...

Tether Approves $1 Billion USDT Boost for Tron Network's Liquidity

Bitcoin Holds Steady Above $26,000; Rally Could Break the September Slump

DeFi Market Struggles in August with Dips in Activity and Volume

Insights

Bank for International Settlements Study Reveals Cryptocurrency-Induced Financial Risks in Developing Nations Wed, 23 Aug 2023, 03:26 am UTC

A recent study conducted by the Bank for International Settlements (BIS) has highlighted that, contrary to expectations, cryptocurrencies like Bitcoin have increased financial risks in developing nations rather than...