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The latest news about the crypto industry on Tokenbestnews. Breaking news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more.

For early adopters, IOTA brings the Genesis NFTs to the Shimmer Network

As one of the most important developments, the IOTA Foundation announced the introduction of the Genesis NFTs to reward early adopters. IOTA is rolling out these NFTs on the Shimmer Network, which enables

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Shiba Inu and Avalanche lead market rally – Cardano’s transaction volume overtakes Ethereum

Shiba Inu was the undisputed leader this year, leading the market rally for the past 24 hours and keeping pace with the top ten. The meme coin gained 12.5%, with its

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Binance US to raise “a couple hundred million dollars” in pre-takeover funding

Binance US , the American subsidiary of the world’s largest cryptocurrency exchange, is approaching a pre-takeover funding round. According to Binance Global CEO Changpeng “CZ” Zhao, the affiliate is looking to

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Gemini wants to compete against Facebook in the Metaverse

In its most recent round of funding, the Gemini crypto exchange announced it would raise $ 400 million in capital. The founders of the exchange, the Winklevoss twins, will retain 75%

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The increased institutional interest in Solana leads him to be listed on the Bloomberg cryptocurrency terminal

Solana (SOL) has become the third cryptocurrency on the Bloomberg terminal, after Bitcoin and Ethereum. Dubbed the ‘Bloomberg Galaxy Solana Index’, the independent altcoin price tracker went live on the global

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Galaxy Digital Looks to Complete BitGo Acquisition, US Listing by Q1 2022

American digital currency service provider, Galaxy Digital, says it is on track to complete its acquisition of BitGo by the first quarter of 2022. The company’s CEO, Mike Novogratz, revealed

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Lark Davis mentions five cryptos that can surge by 10X before the year ends

Lark Davis, a popular Youtuber and crypto influencer has once again disclosed that upcoming projects of most cryptos in the coming weeks could be a catalyst to drive their prices to a

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Ethereum co-founder Vitalik Buterin now owns 100K Dogs of Elon ($DOE) tokens

Ethereum co-founder Vitalik Buterin now officially owns 100K tokens of Dogs of Elon ($DOE) – an NFT project for the moonshot trader. This happened as the team recently sent these

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Sotheby’s to Accept Ether in Live Bidding for Sale of Banksy’s Works

Sotheby’s auction house will be accepting Ethereum (ETH) cryptocurrency during live bidding for its upcoming virtual exhibition, where two of Banksy’s artworks will be up for sale. The 277-year-old British auction house will be

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Litecoin gains 40% to edge close to $300 as analysts predict a new all-time high

One of the cryptocurrencies that rarely makes the news for price gains is surging and has analysts predicting a new all-time high. Litecoin has gained 40 percent in just the

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Unizen announces partnership with GEC for the DOGE-1 mission to the moon

A leading smart exchange ecosystem Unizen has recently partnered with Geometric Energy Corporation (GEC) to build and launch the first crypto mission to the moon, DOGE-1. Unizen will be working on

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Argo Blockchain Seeks $57.5M Debt Funding to Build Texas Mining facility

London-based digital currency mining platform, Argo Blockchain has filed an application with the United States Securities and Exchange Commission (SEC) to offer $57.5 million worth of 8.75% senior unsecured notes to interested

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Apple is Keeping an Eye on Cryptocurrency: CEO Tim Cook

Apple Inc’s leader revealed that the company is keeping an eye on cryptocurrency features it could introduce in its products in the near future but has no plans to make crypto an

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Mastercard Partners with 3 Firms to Launch First Crypto-Linked Payment Cards in Asia Pacific

Payment giant Mastercard announced on Tuesday that it will enter cryptocurrency payments in the Asia-Pacific region. Mastercard said that it has cooperated with three well-known digital asset companies in the Asia-Pacific region

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Bitcoin’s 30-Day MVRV Shows BTC UnderBought

Bitcoin (BTC) has made significant strides this quarter because it set a new all-time high (ATH) price of $66,900 on October 20 after 189 days of waiting. Nevertheless, this steam

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FBI asks crypto users to beware of rising scams using ATMs and QR codes

On Friday, November 5, the Federal Bureau of Investigation (FBI) warned that amid the booming crypto market, there’s a sharp increase in the number of criminals using crypto ATMs and

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Google Makes $1B Equity Investment in CME Group, Both Firms Chart a Decade Long Partnership

Search engine and cloud service giant Google has invested the sum of $1 billion in taking up a non-voting equity stake in CME Group, the world’s largest derivatives marketplace.  As

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CME Group to Launch the Micro Ether Futures Product for Retail and Institutional Investors

The Chicago Mercantile Exchange (CME) is set to launch a Micro Ether Futures (MEF) product in a bid to expand its crypto derivatives offerings. The Catch for the Micro Ether Futures Billed

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Facebook Rebrands to Meta, Seeking to Develop the Metaverse

The pioneering social media giant, Facebook Inc, has rebranded its name to Meta as it seeks to foster the development of the metaverse, a term made popular by the current

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FATF releases finalized guidelines for crypto industry including DeFi and NFTs

Financial Action Task Force (FATF), the global anti-money laundering agency has recently released its updated guidelines for firms handling digital assets. The guidelines aim to bring the nascent crypto industry

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NFT Champions Is Launching Its $CHAMP Token Using the TrustSwap Launchpad

NFT Champions is finally ready to launch its native cryptocurrency, the CHAMP token, which will be an official currency within its game. The token sale is scheduled to take place

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The Ripple case seems to be going better than expected: Coinbase CEO

Brian Armstrong, CEO of the US’ largest crypto exchange by daily traded volume, Coinbase, thinks the Ripple lawsuit is faring quite well. The cross-border payments firm has been in an

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Shiba Inu Rises 13% as Robinhood Petition Passes 300,000

Shiba Inu coin (SHIB) rose 13% in the past 24 hours following an uproar for Robinhood Markets Inc to add the token to its platform. The token has gained more than 40 million

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Terraform Labs Sues US SEC for Illegally Issuing a Subpoena on its CEO

Terraform Labs, the Singapore-based blockchain startup behind the Terra protocol, has filed a lawsuit against the United States Securities and Exchange Commission (SEC) for allegedly issuing an illegal Subpoena on its Chief

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Binance To Permit Businesses Feature on its App via its Marketplace

The world’s largest digital currency exchange of trading volume, Binance has announced that companies can now apply to be featured on its marketplace in order to reach millions of users worldwide. As

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Reddit Wants to Develop NFT Platform, New Job Listing Revelas

Reddit, a popular social network site, is seeking to hire experts to work on a project that would enable the site to design, develop and maintain a new platform for non-fungible tokens

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Tesla Records $51 Million Impairment Loss on its Bitcoin Holdings in Q3

Tesla electric vehicle maker has published its Q3 earnings report, showing that the company had an impairment loss of $51 million in its Bitcoin holdings. As per the Q3 earnings presentation, Tesla

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AMC Entertainment plans to launch its native crypto; confirms chief executive Adam Aron

AMC, the American entertainment multinational giant is making an aggressive move into crypto. During his recent interview with CNBC, AMC chief executive Adam Aron discussed the firm’s crypto ambitions. The

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Digital Currencies Impede US Treasury Sanction Efforts, Report says

A new report issued by the United States Treasury Department revealed that digital currencies are posing a critical impediment to its sanctions policies, a trend it is determined to put an end

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Crypto Exchange Bakkt Makes Public Trading Debut on NYSE

Shares of Bakkt Holdings Inc started trading on the New York Stock Exchange (NYSE) Monday under the ticker symbol “BKKT”.   Bakkt digital asset marketplace went public via a Special Purpose Acquisition Company (SPAC)

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Jacobi Asset Management Firm Wins Approval to Launch Bitcoin ETF In Guernsey

A new Bitcoin exchange-traded fund (ETF) has been approved in Europe. The development came before U.S. investors received their first Bitcoin futures-linked EFT from the Securities and Exchange Commission (SEC) last week

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US Now Ranks Ahead of China in Total Bitcoin Mining Servers Hosted

As key Chinese regions, including Xinjiang and Inner Mongolia that boasts of many Bitcoin miners, have grown desolate, a new superpower has emerged. According to a report from Reuters, citing data published

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VeChain Foundation kicks off voting for proposed network upgrade

The VeChain Foundation has launched voting on a major network upgrade. The upgrade to the VeChainThor blockchain, called SURFACE (Secure, Use-case-adaptive, Relatively Fork-free Approach to Chain Extension), will transform the

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The DeFi Smart Contract Automation Network Gelato Raised $11M in its Series A Funding

Gelato, a smart contract automation network focused on the DeFi sector, announced that it has raised $11 million led by Dragonfly Capital in its Series A financing. In this round

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US Bank Debuts Crypto Custody Services for Fund Managers

America’s fifth-largest retail financial institution, US Bancorp (also known as US Bank), is set to provide cryptocurrency custody services featuring Bitcoin (BTC), Bitcoin Cash (BCH), and Litecoin (LTC). As reported by CNBC, the service

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China’s Ethereum Mining Pool Sparkpool To Stop Offering Services Following PBOC’s Clampdown on Crypto

Sparkpool, one of the world’s largest Ethereum mining pools, is shutting down its shop amid China’s move to ban crypto assets within its jurisdiction. On Monday, September 27, the China-based

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The US Treasury Department Imposes Sanction on Suex Crypto Exchange, Accused of Facilitating Ransomware Transactions

The US Treasury Department has announced that it will impose a sanction on the Suex cryptocurrency exchange, which is registered in the Czech Republic. On Tuesday, September 21, the U.S. Treasury Department

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Alonzo Smart Contract Upgrade Goes Live on Cardano

The long-awaited Alonzo smart contract upgrade has gone live on the Cardano, ushering in the Proof-of-Stake (PoS) blockchain protocol era.  According to Input Output Hong Kong (IOHK), the company behind

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SEC sues Rivetz for $18 million unregistered securities offering in 2017

The US Securities and Exchange Commission (SEC) has charged Rivetz with an $18 million illegal securities offering. Founded in 2013, Rivetz leveraged blockchain technology to improve existing cybersecurity measures such

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Binance.US Appoints Ant Group Executive to Succeed Former CEO Brian Brooks

Binance.US has announced that it has hired Brian Shroder as president and appointed him as the board member. In the new role, Shroder will oversee the firm’s fundraising, strategy and execution, corporate

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Blockchain.com Has Processed Over $1 Trillion in Transaction

Over the past decade of operation, Luxembourg-based cryptocurrency exchange, Blockchain.com, has now successfully processed over $1 trillion in transactions on its platform. As unveiled in a blog post shared by the company’s Chief

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No-Kill Animal Organization PAWS Chicago Launches “Dogenations”, Accepting Crypto Donations

PAWS Chicago, a large-scale No-Kill animal rescue organization in the Midwestern United States, and Leo Burnett, a creative solutions company, launched a cryptocurrency donation event called “Dogenations”. According to the

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South Korea’s GME Remittance adopts RippleNet to scale payments into Thailand

On Tuesday, August 10, Global Money Express Co. Ltd (GME Remittance) one of the biggest non-banking remittance service providers in South Korea announced joining the RippleNet blockchain solution. Using Ripple’s

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South Korean Banks Earns More Than Double Revenue from Crypto Transactions in Q2

Despite heavy fluctuations in the cryptocurrency market in the second quarter of this year, South Korean banks enjoyed a sharp increase in revenue from crypto transaction fees. Per the announcement: “The

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London law firms launch CFAAR, the first crypto anti-fraud network

A group of law firms in London have launched a network dubbed the ‘Crypto Fraud and Asset Recovery’ (CFAAR). The network seeks to resolve disputes in the crypto industry in the UK,

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Ethereum users lose over $490,000 in an attempt to mint COVIDPunks NFTs

The minting of COVIDPunks, a new NFT that throws medical masks on top of CryptoPunks avatar started on Thursday with 10,000 NFTs selling out in less than an hour. The

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Industry Concerns New Policy Implementation after Google Lifting the Ban on Crypto Advertisements

Crypto experts welcome the recent lifting of cryptocurrency advertisements in general from Google. Yet, industrial leaders still concern their interest in practice could be undermined by the new policy. This

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What Is Apeswap.Finance? Complete Guide to New Decentralized Exchange

Apeswap.Finance protocol is a decentralised exchange built on Binance Smart Chain, which provides users with access to all sorts of financial markets from payments, lending, derivatives, staking, tokenised assets to alternative savings

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Sub-Saharan Africa Dethrones Northern America as the Top Bitcoin Adoption Spot

Sub-Saharan Africa has been the top Bitcoin adoption spot for 181 consecutive weeks after edging out Northern America, as revealed by Arcane Research. The crypto insight provider explained: “Booming African Bitcoin

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NFT Trading Platform Giant MakersPlace Completes $30M in Series A Financing

Non-Fungible Token (NFT) trading platform MakersPlace today announced the completion of a $30 million Series A financing jointly led by Bessemer Venture Partners and Pantera Captial. This time, the funds

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