News

Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.

How Did the Volatile Week of Falling Cryptocurrency Markets Affect SafeMoon?

Press Release By Kseniia Klichova August 17th, 2022

During the week of May 9, the cryptocurrency market experienced big price swings. Many tokens saw some degree of decline, and some even fell below the 100% decline rate, such as TerraLUNA. Stable currencies in cryptocurrencies such as Bitcoin and Ether have also fallen below their 2022 lows and the 2021 dark horse token SafeMoon. […]

UK Crypto Industry Receives New Bill on Stablecoins

Cryptocurrency News, News

By Kofi Ansah August 17th, 2022

The proposed bill will task the U.K. Treasury with defining what DSAs are and assign the Bank of England (BoE), Financial Conduct Authority (FCA), and Payments Systems Regulator (PSR) various powers to enforce the rules.

‘I’m buying Manchester United’, Elon Musk Jokes in Tweet that Sparks Reactions

News

By Ibukun Ogundare August 17th, 2022

The tweet about Musk buying Manchester United has gained more than a million likes and thousands of retweets.

Market News, News

Tencent Q2 2022 Financial Report Falls Short of Revenue Forecasts for First Time Due to Covid Resurgence, Gaming Regulation

By Tolu Ajiboye August 17th, 2022

Tencent ascribed its disappointing Q2 2022 report due to a number of macroeconomic factors. These include Covid resurgence-induced lockdowns and tighter gaming laws for minors

Press Release

Crypto Top Analysts Say These Are Their Favorite: Uniglo (GLO), Fantom (FTM) and Cardano (ADA)

By Kseniia Klichova August 17th, 2022

Do you have a favorite cryptocurrency? Often, people’s real favorites are where the money is.

By Mercy Tukiya Mutanya August 17th, 2022

Blockchain News, Cryptocurrency News, News

Crypto.com Registers with UK Financial Conduct Authority

By Mercy Tukiya Mutanya August 17th, 2022

Its UK registration is preceded by news of Crypto.com becoming the first global cryptocurrency platform to sign a preregistration undertaking with the Ontario Securities Commission (OSC) of Canada.

Blockchain News, News

Google Parent Alphabet Ranked Biggest Blockchain Sponsor with Investment Outlay of $1.5B

By Tolu Ajiboye August 17th, 2022

Recorded Google investment in blockchain since last September crossed $1.5 billion, surpassing any other company in the same time frame.

Blockchain News, Cryptocurrency News, News

Bank of China to Pilot Test e-CNY Smart Contracts for Education

By Babafemi Adebajo August 17th, 2022

To aid adoption, the government has also been rolling out incentives in different provinces, including reduced ticketing costs and shopping prices when paying with the e-CNY.

Blockchain News, Cryptocurrency News, News

Colombia to Consider Launching Central Bank Digital Currency (CBDC)

By Darya Rudz August 17th, 2022

Until recently, there was no proper regulation of the crypto industry in Colombia, however, with the increasing the number of crypto owners in the country, the government realized the necessity for working on regulatory framework for all the issues related to digital assets.

Bitcoin News, Blockchain News, Cryptocurrency News, Market News, News

Riot Blockchain Reports $366M Loss in Q2 2022, Total Losses for BTC Miners Up at $1B

By Bhushan Akolkar August 17th, 2022

The massive crash in the crypto market during the second quarter led to a huge selling pressure for miners in order to continue with their operations.

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