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Cryptocurrency Latest News & Updates

This section covers fintech, blockchain and Bitcoin bringing you the latest news and analyses on the future of money.
Tue, 30 May 2023

Bitcoin on-chain and options data hint at a decisive move in BTC price

BTC’s historically low volatility could abruptly change in June, with long-term holders making moves and options traders showing an uptick in bearish positions.Bitcoin’s volatility has dropped to hi...

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Tue, 30 May 2023

US district judge sends matter of FTX independent examiner to appellate court

A bankruptcy judge denied a motion for an independent examiner in February, leading to an appeal that may now go to the U.S. Court of Appeals for the Third Circuit.A United State district judge has refer...

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Tue, 30 May 2023

SEC settles case against Wahi brothers for Coinbase insider trading

The SEC suit alleged former Coinbase product manager Ishan Wahi and his brother used non-public knowledge to trade digital asset securities.Former Coinbase product manager Ishan Wahi and his brother Nikh...

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Tue, 30 May 2023

Why is XRP price up today?

XRP's daily active address count has soared to its second-highest level in May, raising traders' anticipation for a price rally.The price of XRP (XRP...

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Tue, 30 May 2023

Binance considers allowing traders to secure collateral at banks: Report

It has been reported that Swiss-based FlowBank and Liechtenstein-based Bank Frick have been mentioned as potential intermediaries for this service.Cryptocurrency exchange Binance is reportedly exploring...

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Tue, 30 May 2023

Japan’s largest airline launches NFT marketplace

The platform is part of All Nippon Airways’ ongoing expansion into the intersection of airlines and Web3.On May 30, All Nippon Airways (ANA), the largest airline in Japan, ...

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Tue, 30 May 2023

Bitcoin’s next rally may be imminent, on-chain analyst says

On-chain data shows that an imminent Bitcoin rally could drive its price up to $32,000, says Glassnode lead analyst James Check.After a long period of unusually low volatility, Bitcoin’s (...

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Tue, 30 May 2023

Tether moves into Bitcoin mining in Uruguay

As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar.Stablecoin issuer Tether has announced it w...

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Tue, 30 May 2023

Decentralized exchange PancakeSwap moves into GameFi

The DEX has partnered with BNB GameFi protocol Mobox to create a blockchain tower defense game.On May 29, decentralized exchange (DEX) PancakeSwap ...

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Tue, 30 May 2023

Bitcoin price rejects at $28K as analysts eye CME futures gap dip

BTC price action sees weakness a day from the May monthly close, with Bitcoin analysts closely monitoring bid liquidity.Bitcoin (BTC) fell into the ...

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Tue, 30 May 2023

LSD for DeFi: Tenet, LayerZero partner to drive cross-chain liquid staking adoption

Cross-chain interoperability protocol LayerZero’s infrastructure aims to drive liquid staking adoption across the DeFi ecosystem.Layer-1 blockchain Tenet is set to see its liquid staking derivatives ...

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Tue, 30 May 2023

What the ‘anti-mining bill’ means for the crypto industry in Texas

The Lone Star State has become one of the hottest points on the U.S. map in terms of crypto regulation.In late April, over a hundred people gathered near the Texas Capitol building to protest. ...

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Tue, 30 May 2023

Bitcoin is on a collision course with ‘Net Zero’ promises

Every year countries are pressured to ramp up their climate change commitments at the COP conference — and Bitcoin mining is an easy target.Each year at the annual UN Climate Change Conference (COP), individual countries are pressured to ramp up their emis...

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Tue, 30 May 2023

The future of DeFi is ReFi

The key to unlocking this transformation and propelling the industry forward lies in embracing the regenerative economy.The TradFi mindset is holding crypto back  The constantl...

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Tue, 30 May 2023

What is fair use? US Supreme Court weighs in on AI’s copyright dilemma

Many firms with generative AI models are being sued for copyright infringement, and the Supreme Court may have just ruined their primary legal defense.Generative artificial intelligence models such as Op...

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Tue, 30 May 2023

BitFlyer adopts crypto deposit limits to comply with Travel Rule

While adopting restrictions on transactions between exchanges, bitFlyer still supports transactions to and from self-custody wallets like MetaMask.Cryptocurrency exchanges in Japan are preparing for the ...

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Tue, 30 May 2023

2 key security practices for Web3 startups from Israel Crypto Conference

Shahar Madar, the head of security products at Fireblocks, says Web3 startups need to think from the “attacker’s perspective” when planning security protocols.Security remains one of the Web3 indus...

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Tue, 30 May 2023

Security firm discovers $500M vulnerability in Tron multisig accounts

After reporting the vulnerability to Tron in February, the researchers highlighted that the issue was promptly addressed and resolved within a few days.A research team at dWallet Labs has discovered a ze...

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Tue, 30 May 2023

Bitcoin Ordinals to bridge Ethereum NFTs with the launch of BRC-721E

The BRC-721E token standard was launched by the Ordinals market and the Bitcoin Miladys NFT collection, allowing traders to transfer their ERC-721 NFTs to Ordinals....

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Tue, 30 May 2023

Wintermute moves over $4M of Optimism tokens to Binance ahead of OP unlock

On-chain analytics platform Spot on Chain reported that Wintermute sold the tokens at $1.63 per OP....

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Tue, 30 May 2023

Popular NFT collections take massive price hit in 2023

Investments in top NFT projects such as Doodles, Invisible Friends, Moonbirds and Goblintown have lost up to 95% of their value in Ether.Some of the most sought-after ...

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Tue, 30 May 2023

Bitcoin selling for $5K cheaper on Binance Australia as fiat ramp closes

One Bitcoin can be bought for the equivalent of $22,000 on Binance Australia if paid using Australian dollars. The problem is getting the funds there.Bitcoin (...

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Tue, 30 May 2023

Buying a bank won’t solve crypto’s debanking issue — Binance CEO

CZ highlighted examples such as regulatory complexity and capital requirements as reasons why he isn’t keen on Binance buying a bank.Binance CEO Changpeng Zhao says the firm is unlikely to buy up any b...

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Tue, 30 May 2023

Bitcoin Ordinals surpass 10M inscriptions as creator Rodarmor steps down

The number of Ordinals has grown from one to 10 million in less than six months.The number of Ordinals inscriptions on the Bitcoin (BTC) network has...

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Tue, 30 May 2023

Crypto exchange TrigonX latest to emerge from the FTX rubble

TrigonX is back from the dead after it went into receivership in December, due in part to its $13 million exposure to bankrupt crypto exchange FTX.Australian crypto exchange TrigonX is the latest revival...

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Tue, 30 May 2023

Optimism set to unlock $587M worth of OP tokens, will investors unload?

More than 386 million OP tokens are scheduled to be unlocked on May 31, more than doubling the total circulating supply.More than 386 million Optimism (OP) tokens — worth $587 million at current prices...

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Tue, 30 May 2023

Crypto firms jockey for Hong Kong licenses ahead of June 1 retail opening

Hong Kong’s retail trading regime is days away from going live and crypto exchanges are keen to make entry into the region.The race to snatch up Hong Kong retail crypto traders is about to kick off, wi...

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Mon, 29 May 2023

Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker

According to Rep. Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners.A tentative deal aimed at stopping th...

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Mon, 29 May 2023

Laos government reportedly prioritizes blockchain technology for digital transformation

Laotian Prime Minister Sonexay Siphandone chaired the inaugural Ministerial Conference on Blockchain 4.0 Digital Transformation.On May 26, the Laotian government reportedly hosted the inaugural Minister...

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Mon, 29 May 2023

From Beijing to Tokyo, Asian nations get active in crypto regulation: Law Decoded, May 22–29

Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering measures starting June 1 to trace cryptocurrency transactions.Last week, almost all the key markets for digital assets in Asia ...

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