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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.
Wed, 18 Sep 2024

Expert consensus foresees 25bps cut and short-term volatility

Ahead of the Federal Reserve meeting, markets weighed the expected rate cuts and how asset prices might react over the coming months. Of 114 economist opinions polled by Bloomberg, 104 experts predicted the Federal Reserve would cut funding rates by…...

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Wed, 18 Sep 2024

Civic and Rentality launch blockchain-based car rental verification

Civic, a blockchain-based identity management platform, has teamed up with Rentality, a Web3 car rental service, to introduce a new way to verify driver’s licenses and enforce age restrictions.  This partnership uses blockchain technology to bring a higher level of…...

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Wed, 18 Sep 2024

Cencora paid $75m in Bitcoin ransomware: Bloomberg

Cencora, a healthcare solutions provider, paid a total of $75 million to a ransomware group earlier this year, according to Bloomberg. The publicly traded drug distributor, formerly known as AmerisourceBergen, reportedly sent Bitcoin (BTC) worth $75 million to cyberattackers following…...

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Wed, 18 Sep 2024

Pepe Unchained raises $13.5M in presale as traders chase ‘Pepe bloodline” tokens

Pepe Unchained, a viral memecoin for a Pepe-themed Ethereum layer 2, has raised $13.5M in presale amid growing hype. #partnercontent...

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Wed, 18 Sep 2024

This altcoin’s rise signals a new era and is poised to overtake XRP and Solana

A new altcoin, Rollblock, is gaining traction at $0.026. With $3.5M raised, it could surge 200x by 2024. #partnercontent...

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Wed, 18 Sep 2024

Mining is thriving despite everything: How is it affecting Ukraine’s electricity system?

Ukraine remains among the top countries in terms of cryptocurrency adoption. How does mining work in the country during the current conflict with Russia? Analysts at the OSINT agency Molfar collected data from July 2023 to June 2024 using various…...

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Wed, 18 Sep 2024

Former Coinbase executives launch TrueX exchange, using PayPal’s PYUSD

Two former Coinbase employees, Vishal Gupta and Patrick McCreary, have launched TrueX, a new cryptocurrency exchange focused on stablecoin trading.  According to a press release, TrueX has chosen PayPal’s PYUSD (PYUSD) as its preferred currency instead of the more widely…...

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Wed, 18 Sep 2024

MANTRA announces mainnet launch set for October

Real-world assets platform MANTRA has announced that the mainnet launch for its MANTRA Chain will go live in October 2024. MANTRA (OM), a layer-1 blockchain for RWA tokenization, said in a Sept. 18 announcement that the mainnet launch will offer…...

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Wed, 18 Sep 2024

Revolut sizes up stablecoin play like Ripple

Crypto’s stablecoin market could see a new entrant as Revolut reportedly eyes a fiat-pegged token of its own. According to reports, the London-based firm has already begun work on its stablecoin offering, though the product’s timeline or launch date remains…...

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Wed, 18 Sep 2024

DeFi vs Crypto: What sets them apart

Decentralized finance and cryptocurrencies are tightly linked, yet they each play distinct roles within the blockchain world. Curious about the difference? Let’s break it down. What is cryptocurrency? And what is DeFi? Crypto vs DeFi. Cryptocurrency explained Cryptocurrency is a…...

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Wed, 18 Sep 2024

Don’t count on China’s trillion-dollar stimulus to rescue Bitcoin

Could a flood of new liquidity from China’s massive stimulus spill into the crypto market, or is the excitement surrounding Bitcoin just misplaced optimism? Bitcoin to the moon? Lately, there’s been a lot of chatter about China’s potential $1.4 trillion…...

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Wed, 18 Sep 2024

WisdomTree launches platform for real-world tokenized assets

WisdomTree has introduced a new platform called WisdomTree Connect to give users access to tokenized real-world assets.  The platform aims to make tokenized assets more accessible to businesses and institutional users, allowing them to integrate traditional financial products with DeFi…...

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Wed, 18 Sep 2024

Blackrock makes its case for Bitcoin as its price stalls

Blackrock, the largest asset manager in the world, has published a comprehensive report on Bitcoin.  In a report, BlackRock executives Samara Cohen, Robert Mitchnick, and Russell Brownback noted that Bitcoin (BTC) was a unique asset for diversification purposes. Bitcoin solves…...

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Wed, 18 Sep 2024

MicroStrategy increases convertible note offering by 25% to buy more Bitcoin

MicroStrategy has raised its convertible note offering to $875 million, with plans to use the proceeds for redeeming existing debt and acquiring more Bitcoin. Business intelligence firm MicroStrategy, one of the largest corporate holders of Bitcoin (BTC), said in a…...

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Wed, 18 Sep 2024

BNB Chain teases gasless stablecoin transfers to crypto exchanges

Blockchain network BNB Chain announced plans to collaborate with centralized exchanges to ensure users can make fee-free stablecoin deposits. BNB Chain (formerly known as Binance Smart Chain) is working on a new feature that would enable gasless stablecoin transfers across…...

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Wed, 18 Sep 2024

ICP price triple bottoms as BOB, MSQ push transactions higher

Internet Computer price retreated for the fourth consecutive day as network activity surged following the launch of fair minting protocols in its ecosystem. Internet Computer (ICP) dropped to $7.70, its lowest level since Sept. 9, and 16% below its highest…...

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Wed, 18 Sep 2024

Babydoge price prediction for 2024 and beyond

The Babydoge meme coin has gained popularity in 2024, piggybacking off the success of Dogecoin and offering even faster transaction speeds and lower fees. Of course, while utility is important, a meme coin’s success and price action is largely based…...

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Wed, 18 Sep 2024

Samsung-backed crypto startup Mesh partners with CoinMENA to expand services in MENA

Crypto management startup Mesh has partnered with broker CoinMENA to streamline crypto transactions in the Middle East. Crypto startup Mesh (formerly known as Front Finance) has announced a strategic partnership with Bahrain-regulated crypto trading platform CoinMENA to expand its services…...

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Wed, 18 Sep 2024

Building trust: Transparency will drive crypto market growth | Opinion

With effective communication and robust regulation, the crypto industry can grow stronger, capturing the interest of the global audience....

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Wed, 18 Sep 2024

1inch launches Fusion+ upgrade for its cross-chain swaps

Decentralized exchange 1inch has introduced a new upgrade that allows users to swap their crypto assets without giving up custody. According to a Sept. 18 announcement, 1inch has deployed the next iteration of its 2022 Fusion upgrade for its Swap…...

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Wed, 18 Sep 2024

Whales migrate from SOL, SHIB to this fast-growing presale

Investors are flocking to Rollblock, the fastest-growing presale in Ethereum’s GambleFi, as they abandon Solana and Shiba Inu. #partnercontent...

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Wed, 18 Sep 2024

BitGo to enter stablecoin territory with USDS token

Crypto custodian BitGo plans to launch a dollar-backed stablecoin next year, offering rewards to liquidity providers. BitGo is set to launch a dollar-backed stablecoin dubbed USDS in January 2025, positioning it as the first “open-participation stablecoin” in the market. In…...

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Wed, 18 Sep 2024

Swiss SIX stock exchange explores setting up crypto arm in Europe

The Swiss stock exchange is considering launching a crypto trading platform in Europe, aiming to attract traditional investors by leveraging Switzerland’s crypto-friendly laws. The Swiss stock exchange operator, SIX Group, is considering establishing a new platform in Europe for crypto…...

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Wed, 18 Sep 2024

WazirX exploiter moves $11.6m in ETH to Tornado Cash

The WazirX exploiter continues to move thousands of the stolen assets across new wallets, with part of the latest batch laundered through crypto mixer Tornado Cash.  Blockchain security platform Cyvers recently indexed the transfer of exactly 5,001 Ethereum (ETH) from…...

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Wed, 18 Sep 2024

SUI hits six-month peak following USDC integration

Sui has recorded an impressive price rally last day following the integration of native USDC on the platform. At the time of writing, Sui (SUI) was still up 10% over the past day, exchanging hands at $1.2 per price data…...

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Wed, 18 Sep 2024

Homnifi: Opening the door to web3 for everyone

Navigating web3 can be overwhelming, but Homnifi is here to simplify the experience, making blockchain accessible and secure for everyone. #sponsored...

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Wed, 18 Sep 2024

Google Cloud unveils new blockchain RPC service with Ethereum compatibility

Google Cloud has launched an Ethereum-compatible Remote Procedure Call service to simplify blockchain development and provide a reliable way to interact with blockchain data. Announced on Sept. 17, Google Cloud’s latest offering allows decentralized applications to communicate with blockchain networks,…...

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Wed, 18 Sep 2024

SkyBridge’s Scaramucci expects Bitcoin to hit six figures by 2024-end

SkyBridge Capital’s Anthony Scaramucci predicts Bitcoin could reach $100,000 by the end of 2024, driven by rate cuts and potential pro-crypto legislation. SkyBridge Capital founder and hedge fund manager Anthony Scaramucci predicts Bitcoin (BTC) will reach $100,000 by the end…...

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Wed, 18 Sep 2024

CryptoQuant CEO: We’re in the middle of the bull cycle

Ki Young Ju, CEO of the blockchain analytics platform CryptoQuant, believes the crypto market is still “in the middle of the bull cycle.” According to Young Ju’s X post, self-custodial Bitcoin (BTC) wallets have been accumulating over the past week.…...

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Wed, 18 Sep 2024

New memecoin with unified staking vault raises $1.3m

Crypto All-Stars kicks off its presale with a bang, raising $1.3 million for its new MemeVault staking protocol that promises passive rewards for memecoin enthusiasts. #partnercontent...

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Wed, 18 Sep 2024

Best crypto trading bots for beginners in 2024

Crypto trading bots are a controversial topic in the crypto industry, with influencers everywhere claiming that they’ve found the perfect trading bot that users can easily make money with. This article will list some trading bots that beginners can explore.…...

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Wed, 18 Sep 2024

Australia sees greater benefits in wholesale CBDC, limits retail interest

Australia’s central bank has announced a shift toward wholesale CBDC development, citing greater economic benefits and fewer challenges compared to a retail version. The Reserve Bank of Australia seems to be prioritizing wholesale CBDC development over retail, citing greater economic…...

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Wed, 18 Sep 2024

Spot Bitcoin ETFs see massive $186.7m inflow surge, Ether ETFs face continued outflows

Spot Bitcoin exchange-traded funds in the U.S. saw a 13-fold surge in net inflows on Sept. 17, while spot Ether ETFs faced outflows for the second consecutive day. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged net…...

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Wed, 18 Sep 2024

CKB’s trend fading away despite emerging as top gainer

The native token of Nervos Network recorded impressive gains over the past week, but its bullish trend seems to be fading away. Nervos Network (CKB) emerged as the top gainer among the leading 100 cryptocurrencies with a 140% rally over…...

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Tue, 17 Sep 2024

Ripple and Ethereum whales bet big on new crypto contender

Donald Trump’s bullish crypto statement has sparked excitement, with major investors flocking to emerging coins like Intel Markets, which has already sold over 36m tokens. #partnercontent...

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Tue, 17 Sep 2024

Trial of Celsius founder Alex Mashinsky begins

Lawyers representing Alex Mashinsky have argued that he “did not intend to defraud or harm anyone” — and the claims he made in weekly videos to Celsius customers were done in good faith. What Celsius case is about? Celsius Network…...

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Tue, 17 Sep 2024

What is the U.S. dollar’s role in stablecoin ecosystems?

Stablecoins have seen explosive growth in the last four years, increasing from a $17.6 billion market capitalization to $170.6 billion. The number of holders has also skyrocketed from 3.78 million to 119.72 million. However, this growth brings critical questions. How…...

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Tue, 17 Sep 2024

SEC and FTX auditor Prager Metis settle misconduct case

The U.S. SEC and Prager Metis have agreed to resolve claims of the auditor’s negligence related to the defunct crypto exchange FTX. Auditor Prager Metis consented to pay $1.95 million to settle two charges brought by the Securities and Exchange…...

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Tue, 17 Sep 2024

SquidGrow crypto price down 18% as top coins seek gains

SquidGrow price is down 18% since hitting a new high on September 15, with the 24-hour price fluctuating just above $0.028. The SquidGrow meme coin, which recently migrated its token from the Binance Smart Chain to a new contract on…...

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Tue, 17 Sep 2024

Sui and MoviePass team up for USDC integration

The Sui Foundation has announced a new partnership with MoviePass, the U.S.-based movie subscription service.  According to a press release shared with crypto.news, this collaboration will allow MoviePass users to pay for subscriptions with USDC (USDC), a widely used stablecoin.…...

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Tue, 17 Sep 2024

Wintermute to launch Polymarket competitor with Chaos Labs

Wintermute plans to foray into the on-chain prediction market, with its first betting pool focused on the U.S. presidential elections. The crypto trading firm and market maker Wintermute disclosed ongoing work on an on-chain betting platform, OutcomeMarket. The decentralized protocol…...

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Tue, 17 Sep 2024

Ripple’s Chris Larsen leads $10m investment in Yellow Network

Yellow Network, a web3 blockchain platform for decentralized clearing of digital assets, raised $10 million in a seed round led by Ripple co-founder Chris Larsen. The Ripple co-founder’s investment will help the Yellow Network team bring their blockchain solution to…...

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Tue, 17 Sep 2024

LTC marks milestone; Investors overlook APT for this new altcoin priced at $0.009

Intel Markets is gaining attention as a promising presale altcoin, while Litecoin surpasses 1 quadrillion hashes per second, showcasing its network strength and security. #partnercontent...

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Tue, 17 Sep 2024

Howard Winklevoss gifts $4m Bitcoin donation to Grove City College

Grove City College is set to rename its School of Business in honor of alumnus Howard E. Winklevoss, father of Tyler and Cameron Winklevoss, following his $4 million Bitcoin donation.  This contribution marks the college’s first gift of Bitcoin (BTC)…...

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Tue, 17 Sep 2024

Circle activates USDC in Brazil and Mexico

Circle has expanded its stablecoin operations in Latin America to include Brazil and Mexico. In a company statement, stablecoin operator Circle revealed that its (USDC) token can now be used to settle payments in Brazil and Mexico. The feature supports…...

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Tue, 17 Sep 2024

Dragonfly VC raising $500m in fourth funding round

Dragonfly Capital, a prominent crypto venture capital firm, is raising $500 million for its fourth investment fund, according to Bloomberg.   The fund will focus on early-stage projects in the blockchain space, continuing Dragonfly’s strategy of supporting innovative companies. According to…...

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Tue, 17 Sep 2024

Early Bitcoin investor sells Solana, moves 70% of holdings to this emerging token

A crypto pioneer has shifted 70% of their assets from Solana to the rising CYBRO token under $0.10. Explore emerging growth coins. #partnercontent...

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Tue, 17 Sep 2024

Rollblock tipped to dominate remainder of 2024 and overtake XRP and Solana

XRP struggles, FTX's moves threaten Solana, but Rollblock’s ICO surges 160%, making it a top crypto pick. #partnercontent...

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Tue, 17 Sep 2024

New NFT attack: Why the SEC issued a $750k fine and what does a restaurant have to do with it

American restaurant Flyfish Club has signed a settlement agreement with the U.S. SEC regarding an “unregistered offering of crypto asset securities.” Flyfish Club will pay a fine of $750,000. According to the SEC ruling, between August 2021 and May 2022,…...

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Tue, 17 Sep 2024

IoTeX and Polygon Labs announce IoTeX 2.0 integration with AggLayer

IoTeX, a decentralized physical infrastructure network, and Polygon Labs have announced that IoTeX 2.0 will integrate with AggLayer to power cross-chain communication and liquidity across the DePIN ecosystem. Raullen Chai, the chief executive officer and co-founder of IoTeX (IOTX), disclosed…...

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