Cryptocurrency News

The city of Williston of North Dakota has officially started accepting cryptocurrencies like Bitcoin for utility payments via BitPay. A city in North Dakota is joining the cryptocurrency adoption race in the United States by starting to accept crypto payments.Hercules…

Divisive meme token Dogecoin will get a Coinbase listing within the next six to eight weeks. The comments came from Coinbase CEO Brian Armstrong, who was discussing how the firm can move forward following its worse-than-expected first earnings report as…

Coinbase will be listing dogecoin in the next six to eight weeks, the company’s CEO has revealed. Interest in the meme cryptocurrency has spiked, touted by Tesla CEO Elon Musk, who calls himself the Dogefather. Coinbase CEO Brian Armstrong said…

Glassnode data reveals that the number of Ethereum addresses holding at least 32 ETH has declined steadily in recent months. The number of Ethereum addresses that hold more than or equal to 32 Ether (ETH) has been declining, pointing at…

The Bank of England’s deputy governor has argued that, with the possible rise of non-bank actors issuing currency, public money in digital form could serve as a crucial anchor for confidence in money as a social convention. The Bank of…

Exeedme, a Portugal-based gaming company, has announced that their Play2Earn platform is now open to the wider public. The company has a stated goal of redirecting the global gaming market (worth 170 Billion USD) from a model that profits from…

India’s central bank, the Reserve Bank of India (RBI), has reportedly informally asked banks to cut ties with cryptocurrency exchanges and traders. Some banks in India have limited their exposure to the crypto market and some plan to stop all…

The firm said clearing the regulatory hurdle had the potential to drive more institutional investors towards crypto custody solutions. Financial regulators in the U.K. have approved Digivault, the security token custody arm of digital assets group Diginex, to register as…

Turkey’s biggest bust against crypto mining smugglers resulted in the seizure of $600,000 worth of illegal Bitcoin ASIC miners and the detention of four suspects. Turkish customs enforcements brought down an illegal smuggling operation in what is said to be…

After posting tenfold crypto volume growth in Q1 2021, DBS Private Bank is expanding its crypto services with a new trust solution. DBS Private Bank, one of the biggest wealth managers in Asia outside China, has launched a cryptocurrency trust…

Trader sentiment is verging on “extreme fear” as the Crypto Fear & Greed Index shows signs of the climate after the March 2020 cross-asset crash. Bitcoin (BTC) and altcoin traders are more nervous than any time in over a year…

One early cryptocurrency entrepeneur thinks Elon Musk lacks moral consistency when it comes to his management of Bitcoin. The founder of one of the first physical cryptocurrency exchanges has slammed what he perceives as hypocrisy on the part of Elon…

Following a tweet from Elon Musk highlighting Tesla’s suspension of bitcoin payment acceptance due to sky-high energy needs, the industry quickly responded by highlighting the capable solutions that already address this drawback. Musk’s Comments Conveniently Ignore Reality of Blockchain Innovation…

According to the latest data from the World Bank, international money transfers into Nigeria dropped by nearly 40% from $23.8 billion recorded in 2019 to $17.2 billion in the past year. Yet despite this fall, remittances, which account for 4%…

Bitcoin saw a real test of its market composition on Thursday amid a sea of liquidations reminiscent of the events from last year. Bitcoin (BTC) has performed “very well” as traders have been sending more coins to exchanges than at…

Islamic finance is not always compatible with DeFi’s focus on risk and yield. A new platform aims to blend the best of both. A team based out of Sydney, Australia is building what it claims is the world’s first “Shariah-guided”…

Musk’s latest tweet resulted in a 26% surge in the price of DOGE, while Coinbase is set to list the coin in six to eight weeks. Elon Musk’s latest foray into crypto markets came a few hours ago when he tweeted he…

The local tax authority could soon hunt tax evaders who trade cryptocurrencies in Argentina following a notice sent to domestic crypto exchanges. The Federal Administration of Public Revenue (AFIP) ordered them to report all virtual currency-related transactions every month. Payment…

A highly scalable, decentralized blockchain platform gets a convenient browser wallet to facilitate dApps development. Crystal Wallet Metamask. Anyone who has worked with Ethereum for more than a week is familiar with this browser wallet. It lets countless decentralized applications…

The decentralized finance coalition has onboarded 22 leaders from 19 teams to help further its mission of bringing 100 million people into DeFi by 2025. Non-profit decentralized finance alliance, GoodFi, has announced the addition of 22 DeFi industry leaders to…

Microsoft is closing its Azure Blockchain Service, giving existing customers just four months to transition to new service providers. Microsoft is turning off its corporate Azure Blockchain Service on September 10 and will not accept any new deployments effective immediately,…

The Los Angeles-based company Big Time Studios has announced the company is set to raise $21 million in two funding rounds backed by a number of investors. The company’s founder Ari Meilich was the CEO and co-creator of the Ethereum…

Tesla stock has dipped 14% since Elon Musk appeared on SNL, with Musk estimated to have lost $20 billion in that time frame. Elon Musk has reportedly lost $20 billion since his May 8 appearance on Saturday Night Live, as…

Cuba has been actively discussing the possibility of adopting cryptocurrencies over the last few months during high-political summits. This time, the president of the Caribbean island discussed crypto assets once again during a virtual currencies topic on the summit agenda,…

During the first quarter, Coinbase’s active users increased by 120% while trade volumes tripled. The first quarter revenue of leading U.S.-based crypto exchange, Coinbase, more than tripled its Q4 2020 performance.According to documents filed with the U.S. Securities and Exchange…