Year: 2022
Gemini data breach: 5.7 million user data hacked at bitcoin exchange
The Bitcoin exchange Gemini is faced with a data breach in which, according to consistent media reports, around 5.7 million user data were affected. Initially, the stock exchange had not yet
Read MoreCanada decides to ban leveraged crypto transactions
Canada Securities and Exchange Commission (CSA) is preparing to take tough action in response to recent events in the crypto industry. The statement issued on Monday (December 12) includes the introduction of a
Read MoreVolcano Bonds in El Salvador are getting closer
The Volcano Bonds in Central American El Salvador are getting closer. Now the government is drafting a law to issue digital bonds. The draft should be legally valid by December, so that
Read MoreLightning Network: 100M at risk from multisig payment
A multisig transaction on the Lightning Network breaks the network’s consensus due to a bug in the program code. Most of the critical payment and subsequent transactions could no longer be processed. According to
Read MoreAnatoly Yakovenko: Solana not an Ethereum killer
Usually, smart contract platforms are in strong competition with ETH. After all, they try to benefit from the weaknesses of the pioneer and thus establish themselves on the market. Competitor Solana is not an
Read MoreBitcoin hashrate going through the roof: Miner bullish?
The Bitcoin hash rate is through the roof. In the midst of the bear market , participation in the largest cryptocurrency network is exploding . How does this happen? TokenBestNews takes a look at the ongoing bullish
Read MoreCrypto Exchange Bittrex Violates US Sanctions
According to US authorities, the crypto exchange Bittrex has ignored sanctions by the US Treasury Department for years. Now the state institutions are demanding a fine of 29 million US dollars.
Read MoreEthereum connected to Google
New Google features allow Ethereum wallet addresses to track their Ether balances via Google search engine. Unfortunately, data protection falls by the wayside. This development underscores Google’s drive to connect internet
Read MoreRipple technology becomes the base layer for these CBDCs and stablecoins – will the XRP price rise?
Stablecoins are a focus area for applications on the Ripple ledger, and several projects are currently underway. The island state of Palau in the Pacific also wants to use XRP
Read MoreCryptocurrencies offer enormous potential
Cryptocurrencies have received a lot of attention in recent years, but many still think the topic is too complex. It is worthwhile to deal with the topic. The possibilities that cryptocurrencies give
Read MoreZcash: Blockchain explodes – what does that mean?
The data size of the Zcash blockchain has been exploding for around three and a half months. In the meantime, this has increased by 300 percent. The privacy coin has existed since 2016 and is experiencing
Read MoreCoinbase is introducing a voter registration tool for the US congressional elections
Coinbase has unveiled a voter registration tool designed to encourage its customers to engage in debates about crypto regulation The rollout comes despite the fact that the company introduced an
Read MoreThe CAR introduces national digital currency Sango Coin
The national digital currency of the Central African Republic – the Sango Coin – is now available for purchase. The sale began on July 25, 2022 with a token offering of
Read MoreFBI warns of crypto scams on LinkedIn
LinkedIn customers report losing large amounts of money because of financial referrals from a LinkedIn “colleague.” LinkedIn is taking action against the increasing number of scams on the platform. According
Read MoreMetaverse: Developing countries are open – rich countries are not
A survey shows that there is more knowledge and enthusiasm about the metaverse in developing countries than in developed countries. A similar survey found the same for blockchain and cryptocurrency.
Read MoreBloomberg: Bitcoin more valuable than crude oil in this decade
According to Bloomberg, there are three factors that will make Bitcoin more valuable than crude oil this decade. Big investors have been making similar comments about Bitcoin lately. Bloomberg’s head
Read MoreOpenSea stops sale of Bored Ape NFT due to legal dispute in Singapore
OpenSea has stopped the sale of a Bored Ape Yacht Club NFT after the previous owner obtained an injunction in a Singapore court stopping the sale. The NFT is now
Read MoreArab airline Emirates accepts bitcoin payments
The Arab airline Emirates is planning to introduce Bitcoin as a payment currency. Specialists have already been hired to advance digitization goals. The United Arab Emirates (UAE) is making great
Read MoreWhat potential does Cardano (ADA) have?
Cardano has consistently positive metrics and many projects, but that doesn’t help the course. One analyst puts the reason for this in ADA’s strong correlation with Bitcoin. Cardano is one of
Read MoreCardano’s POS transition means more than just better energy efficiency
The CEO of Cardano explains how his PoS protocol lowers the barriers to entry to join the network and create your own tokens. Cardano’s Ouroboros PoS protocol efficiently handles voting
Read MoreWall Street wants to get into crypto – will that still work or has the train left?
Wall Street has moved away from viewing Bitcoin as a hopefully passing fad, spending billions of dollars and hiring hundreds of experts to gain a foothold in the crypto world
Read MoreMonero Community Plans to Stress Test Centralized Exchanges and Eventual Ban on Trading
The Monero community will conduct a bulk withdrawal of their XMR coins from the centralized exchanges on April 18th. The maneuver is intended to result in exchanges that misrepresent their
Read MoreHuobi applies for a retail crypto ETF in Hong Kong
Huobi Technology has applied to the Hong Kong Exchange Commission for an ETF that tracks the prices of popular cryptocurrencies. The company is banking on the agency relaxing a policy
Read MoreLG Electronics expands business into crypto and blockchain
LG Electronics makes its debut in the crypto and blockchain industry. The Korean tech company said it would focus on selling and brokering cryptocurrencies. Electronics group LG Electronics has joined
Read MoreGalaxy Digital helps Goldman Sachs make its first over-the-counter crypto transaction
By providing high liquidity, Galaxy Digital makes it easier for institutional investors to access the crypto market. The Goldman Sachs transaction was a Bitcoin non-deliverable option. Galaxy Digital, an investment
Read MoreRipple provides 1 billion XRP for developer funding program – XRP price rises by 7%
The first two phases of Ripple’s grant programs, which began last year, have been completed, and the third phase is expected to open on March 28. With the programs, Ripple
Read MoreMark Zuckerberg plans NFTs on Instagram
Mark Zuckerberg said Instagram users will be able to mint their own NFTs in the near future. The project aims to give parent company Meta a boost in its quest
Read MoreRipple brings new NFT standard to its XRP ledger – and the SEC process enters a new round
Ripple has unveiled a $250 million Creators Fund to provide technological and financial support for novel NFT projects. Ripple is making headway in the SEC case. The judge denied the SEC’s
Read MoreBitcoin loses momentum on US inflation and falls below $40,000 again
Bitcoin tumbles again just a day after Presidential Executive Order on soaring US inflation. All eyes are on the central bank, which is expected to aggressively raise interest rates to
Read MoreMore UK millennials using blockchain and crypto technology
The number of millennials in the UK is growing rapidly. Many of them are entrepreneurs, work in the technology sector with crypto and earn very well. On the other hand, many
Read MoreNext hearing in the Ripple process could decide on its outcome
Ripple attorney John Deaton believes Judge Sarah Netbrun could bring the case to a close at the next hearing. What matters is whether the SEC can use its DPP privilege
Read MoreUSA: Presidential decree on cryptocurrencies is imminent
The executive order is intended to provide more clarity on the interpretation of crypto regulations and the role of different authorities. The main focus will be on evaluating the benefits
Read MoreCharles Hoskinson: Bitcoin cannot become the world’s reserve currency – Cardano can
Bitcoin has been lauded for its many capabilities, including creating freedom, hedging against inflation, and becoming a world reserve currency. However, Cardano (ADA) founder and Input Output Hong Kong (IOHK) chief Charles Hoskinson
Read MoreWells Fargo: Cryptocurrency is like the internet of the 90s – it’s still worth investing in
Wells Fargo has compared the current crypto phase to the internet in the late 90’s when most of today’s giants were just getting started. Is it too early or too
Read MoreFidelity Investments describes Bitcoin as a superior form of money
On Jan. 31, Fidelity Digital Assets, the crypto division of Fidelity Investments, released a new report titled “Bitcoin First.” The crypto giant explains his views on Bitcoin and why it is
Read MoreFidelity Investments files Metaverse ETF with SEC
After the US Securities and Exchange Commission rejected Fidelity Investment’s bitcoin ETF application on Jan. 27, the company applied for approval for a Metaverse ETF that same day. The product,
Read MoreQubit Finance was hacked – $80 million gone
$80 million worth of cryptocurrency was stolen from the Qubit Finance platform. She thus joins the growing list of DeFi projects that have been damaged by criminal hackers. The attacker exploited a
Read MoreThe Crypto Industry’s Latest Joke Is Called “GrimaceCoin”
Elon Musk and a McDonald’s representative joked on Twitter that Tesla will now accept “GrimaceCoin” – then in all seriousness started a project with the name. In the world of
Read MoreDispute between Bitcoin optimists and pessimists – who sees the future realistically?
The recent crypto market slump has seen unofficial benchmark Bitcoin fall almost 50% from its peak to its lowest in six months at $35,093. This sparked a heated debate between the
Read MorePlayStation inventor thinks Metaverse is pointless and so does Elon Musk
Is the Metaverse the future of technology? With each passing day, the people who made the tech industry what it is today seem to have a different take on this question. The
Read MoreInvesco Global expert: Bitcoin crash could come in 2022
Although Bitcoin is floating uneventfully between $41,000 and $44,000, it is still the subject of lively speculation: For example, Invesco expert Jackson believes it is possible that there is a
Read MoreADA Wins Twitter Poll for Best Ether Alternative
ADA received 42% of over 600,000 votes in an online poll conducted by Vitalik Buterin on which currency other than Ethereum would be the best in 2035 On January 13, 2021,
Read MoreRipple introduces NFT capabilities to XRPL with the launch of the NFT Devnet testnet
As the race to supply and acquire non-fungible tokens (NFT) intensifies, Ripple has introduced NFT capabilities to the XRP Ledger (XRPL) for the first time since its inception. As announced by
Read MoreThe 5 best cryptocurrencies for first time investors
If you don’t live behind the moon, you will be familiar with Bitcoin. But this digital coin is far from the only one on the crypto market. Litecoin, Ethereum, Ripple and many
Read MoreFTX Exchange Predicts More Institutional Exposure To Cryptocurrency Due To Rising Fiat Currency Inflation
Sam Bankman Fried, founder of the FTX crypto exchange, is optimistic that institutional funds will flow into cryptocurrencies in 2022. In his most recent interview with Bloomberg on Monday January 3rd,
Read More“Crypto-Mom” Hester Peirce talks about industry regulation, the SEC’s interest in NFTs and Bitcoin Spot ETFs
SEC Commissioner Hester Peirce, affectionately known as “Crypto-Mom” for her continued support for the industry, gave an insight into the US Securities and Exchange Commission’s stance on crypto regulation, NFTs
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