Category : Cryptocoins News

Cryptocoins News

AI-generated Drake song up for Grammy nomination

A hit track made from an AI-generated vocal track of the rapper Drake has been submitted to the Recording Academy for Grammy nomination in two categories. A viral tr...

EU finance chief: Don’t rush digital euro before new Commission in June 2024

Mairead McGuinness believes that the CBDC project should be approached “quietly and slowly” by the next European Commission. The European Commissioner for Financial St...

ETF season continues as Ether application lodged while markets plod along

Key Takeaways The crypto market has seen increased volatility off the back of ETF developments in the last couple of weeks Grayscale secured a positive ruling in its case against the SEC regarding its ETF application Markets subsequently fell as the...

While SEC Stalls on Bitcoin ETF the Race for Ethereum Fund Begins

Two popular companies in the exchange-traded funds (ETFs) sector, VanEck and ARK Invest, demonstrate that the old adage 'when one door closes, another opens' may hold true in the cryptocurrency market. After unsuccessfully attempting to create a spot...

Nigeria central bank missed opportunity for blockchain regulation in 2021 — Convexity CEO

Adedeji Owonibi stated that the Central Bank of Nigeria should have created a blockchain regulation strategy in 2021 instead of cutting ties between cryptocurrency exchange firms and loca...

Casa Wallet rolls out new functionality for recently launched ETH vault

Casa added a multi-signature Ethereum self-custody vault to its initial BTC custody offering in June 2023. However, the Casa Relay responsible for communication between the ETH vaults and the Ethereum blockchain did not offer privacy. Casa has intro...

US Treasury, IRS propose cryptocurrency regulations for brokers

Brokers — referred to as “digital asset middlemen” in the regulatory proposal — will be required to provide information on gains and losses incurred during the sale of crypto assets....

Google makes AI disclosure mandatory in political campaign ads

Google updated its political content policy to take effect starting November 2023, which will mandate disclosure of all AI-generated content in election ads. Google is...

Riot Pivots to Electricity and HIVE to AI as Bitcoin Mining Profits Plummet

A decline of 9% in Bitcoin's (BTC) price in August has negatively impacted the production results reported by publicly listed cryptocurrency miners. This is confirmed by Riot Platforms, which produced 333 BTC last month, which is 19% less than in Jul...

Casa wallet launches Ethereum vault relay service for increased user privacy

Private key manager Casa has launched a transaction relay feature to offer Ethereum users more privacy when transacting from their personal vaults. Cryptocurrency self...

US Treasury Department and the IRS propose crypto regulations for brokers

The regulations will start being implemented on or after January 1, 2026. The regulations require US-based brokers to file information returns with the IRS using the new Form 1099-DA. The brokers will also be required to provide payee statements to...

Nigeria’s Web3 education efforts seek to tackle language challenges

Bello Usman Abdullahi, the chief operating officer of the blockchain education platform Bitkova Academy, said the language barrier is one of the current major challenges....

Korean game developer Neowiz plans to build games on the Avalanche

Neowiz is a publicly traded Korean game publisher. The game publisher will build the games using its Web3 arm called IntellaX. Avalanche is attracting quite a number of blockchain projects including AllianceBlock’s Arkefi. Neowiz, a publicly...

Former OpenSea manager withdraws application for bail pending appeal

The attorneys representing Nathaniel Chastain informed the court that Chastain will self-surrender on Nov. 2 to begin serving his sentence. A former manager at nonfung...

Rejection of crypto bill exposes Aussies to ‘unregulated market’ — Senator Bragg

Australian Senator Andrew Bragg says a rejection of his crypto bill would drive investment away from the country, but a lawyer says the work that went into the bill will inform the govern...

Bitcoin volatility increases but remains far off historic levels

Key Takeaways The last two weeks have seen increased volatility in the crypto markets Bitcoin fell from $29,000 to $26,000 two weeks ago before bouncing back briefly, only to fall again Thin liquidity means the market is ripe for big moves, but trad...

BNB Chain Announces Ecosystem Catalyst Award Winners

BNB Chain has announced the winners of its Ecosystem Catalyst Awards, recognizing key blockchain contributors in four categories: PancakeSwap, MAV Protocol, Izumi Finance, Helio Money, and Alpaca Finance, with the aim of driving innovation and collab...

FASB rules ‘eliminate the poor optics’ that shied firms from crypto: Analyst

“The change should help MicroStrategy and other companies that hold digital assets to eliminate the poor optics that have been created by impairment losses,” said analysts from Berenberg...

FASB rules ‘eliminate the poor optics’ that detered firms from crypto: Analyst

“The change should help MicroStrategy and other companies that hold digital assets to eliminate the poor optics that have been created by impairment losses,” Berenberg Capital analysts sa...

Ripple Labs chair slams Biden, Gensler for having ‘screwed up’ on crypto

Ripple Labs Chair Chris Larsen says that following the recent cases involving Ripple, Grayscale and the Securities and Exchange Commission, it is time for Congress to take the lead on cry...

Yuga Labs Launches TwelveFold: Bitcoin Based Generative Art

Yuga Labs has launched TwelveFold, a 300-piece generative art collection on the Bitcoin blockchain. The project uses the Ordinal Theory protocol to locate inscribed satoshis, with participants submitting puzzle answers through various wallets. The te...

Solana Announces Hyperdrive Hackathon

Solana, a blockchain platform, has launched Hyperdrive, an engineering and business competition allowing teams to transform ideas into operational projects within five weeks. The event, facilitated by Solana Hacker Houses in Bengaluru and Mumbai, has...

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