Category : Cryptocoins News

Cryptocoins News

Immutable zkEVM begins testnet phase with 12 Web3 games in development

submitted by /u/omegaura [link] [comments]

Commodity tokenization is the economic aid Africa needs

Commodity tokenization would enable African countries — such as Ghana and Botswana — an opportunity to empower themselves without relying on international aid. In my...

Celsius customers to vote on settlement plan with Fahrenheit after judge gives okay

The settlement was reached in July and, if the customers agree, it will go before the court for approval in October. Bankrupt crypto lender Celsius can start sending o...

Kraken Ventures to raise $100M in second fund, with focus on ‘early stage founders’

The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support. Citing the organization’s exte...

Superseding indictment against Sam Bankman-Fried includes using $100M for campaign contributions

Sam Bankman-Fried allegedly used more than $100 million in user funds “in campaign contributions to Democrats and Republicans to seek to influence cryptocurrency regulation.”...

SBF jailed, FTX partners under attack: Law Decoded

Sam Bankman-Fried, the former CEO of the failed FTX crypto exchange, will be held in jail through the end of his two upcoming trials. The FTX affair continues to unrav...

Sam Bankman-Fried will 'return to his depression' without access to medication, say defense lawyers

According to Sam Bankman-Fried’s legal team, he was “only able to bring a small supply” of ADHD medication and antidepressants to jail following the judge revoking his bail....

Zimbabwe central bank close to introducing gold-backed digital tokens into retail

Physical and digital gold tokens have been a big success as investments and an inflation hedge in Zimbabwe, which continues to face triple-digit inflation. The Reserve...

Shiba Inu, Bone prices outperform as Shiba Memu token sale thrives

Shiba Inu and Bone Shibaswap have outperformed BTC and ETH. They have all jumped by over 68% and 115% from the lowest level in June. Shiba Memu has raised almost $2 million from investors. Meme coins are doing relatively well, with some outpe...

Bitcoin vs. gold: Are market cap and other comparisons actually relevant for investors?

Bitcoin’s future price surge and mainstream adoption could happen independently of institutional adoption of the digital currency. The connection between Bitcoin and g...

Price analysis 8/14: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

After weeks of low volatility, Bitcoin bulls are trying to make a comeback, but the rise in the U.S. Dollar Index may limit the upside recovery. Bitcoin has been stuck...

Bitcoin Frontier Fund launches accelerator program for Ordinals startups

The program will provide seed money, mentoring and support to approved applicants. The Bitcoin Frontier Fund, formerly Stacks Ventures, launched what it’s calling the...

Machi Big Brother withdraws defamation lawsuit against ZachXBT

Jeffrey Huang withdrew the lawsuit after ZachXBT edited his article that Huang claimed to be defamatory. Taiwanese music celebrity Jeffrey Huang, also known as “Machi...

Hut 8 Reports Decline in Q2 Revenue amid Low Mining Output

The Canadian-based Bitcoin mining firm, Hut 8 has released its financial results for the second quarter of 2023, revealing a decline in revenue and low mining output. The decline in performance was reportedly due to multiple factors, including suspen...

Coinbase enters the Canadian market with Coinbase One, free 30-day trial

Coinbase is seeking to expand into Canada as it faces tough times at home. Coinbase launched an Ethereum layer-2 network last week. It is worth noting that a number of crypto exchanges have excited Canada in the recent past citing poor crypto enviro...

CoinDesk to lay off part of editorial staff in preparation for sale of stake: Report

Estimates of staffers facing the axe range from 45% (20 people) to 16%. A companywide meeting is reportedly scheduled for Aug. 14. CoinDesk is reportedly planning layo...

Bitcoin address with 1,005 BTC suddenly wakes up after nearly 13 years

A Bitcoin address with 1,005 BTC activated 12+ years later, shifts more than $29 million. Wallet speculated to be from a miner who mined a lot in 2010. Bitcoin price remains largely flat above $29k. According to Whale Alert, the blockchain tracker...

Recently listed Bitcoin Depot reports record revenue for its Q2

Bitcoin Depot reports an 18% annualised growth in its Q2 revenue. The Bitcoin ATM operator also updated its full-year guidance today. Bitcoin Depot stock is in the green only marginally on Monday. Bitcoin Depot Inc says its revenue jumped 18% to a...

What is PayPal USD, and how does it work?

PayPal has launched its own stablecoin, dubbed PayPal USD (PYUSD). The coin is only available to American customers. PYUSD is set to face some hurdlesWhile the PayPal...

Bitcoin teases new volatility as BTC price taps 4-day high near $29.6K

BTC price movements edge higher as the Wall Street trading week begins, with Bitcoin building on a weekly close, which gave cause for cautious optimism. Bitcoin (BTC)...

HBAR price soars as FedNow adds support for Hedera

Hedera (HBAR) price rose to above $0.065 on Monday morning. FedNow has added support for Dropp Inc, a Hedera-powered platform that now joins the Fed’s list of service providers. The Hedera (HBAR) price soared to above $0.065 on Monday morning...

How to identity fake cryptocurrency

Learn essential cryptocurrency security practices to safeguard your digital assets. Explore crucial ways to protect your wallets, prevent hacks and ensure safe transactions....

Bad Idea crypto token has jumped: I think it’s a scam

Bad Idea crypto token has jumped in the past few days. The token’s market cap has jumped to over $78 million. I think it is a scam that has no future in the industry. Bad Idea crypto has moved from obscurity to become a popular cryptocu...

Sam Bankman-Fried Moved To Federal Jail In Brooklyn

Bankman-Fried was transferred to the Metropolitan Detention Center in Brooklyn on Monday, per Reuters. Authorities moved the former FTX CEO after U.S. District Judge Lewis Kaplan revoked his $250 million bail bond. The crypto founder was previously...

TeraWulf increases self-mined BTC in Q2, while Hut8 looks to USBTC merger

U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in Q2. Bitcoin (BTC) mining firm TeraWulf has seen a drastic increase...

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