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Elon Musk Doubles Down On Bitcoin Energy Concerns.
Elon Musk was once synonymous with Bitcoin price increase as each time his company’s involvement with crypto was made public, coins pumped. But a single tweet from the Tesla CEO sent crypto prices tumbling yesterday in an instant. origin »
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Not a Good Look for Tesla, Elon Musk Now Looking for Another Cryptocurrency to Replace Bitcoin.
The electric car maker announcing that it will no longer accept Bitcoin citing environmental concerns raises questions about Tesla’s lack of due diligence, DOGE also being a PoW coin, and how Bitcoin’s truth will fight the environmental hazard meme while setting a “very dangerous precedent. origin »
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Bitcoin Car to Race at the 105th Indianapolis 500 to Support BTC Awareness and Open-Source Development.
Bitcoin payments company Zap and its founder Jack Mallers is teaming up with auto racing driver Ed Carpenter and the likes of Human Rights Foundation, Square Crypto, and MIT for what could be the biggest Bitcoin open-source funding event in history. origin »
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Interview: CEO of OKEx Jay Hao and the Lightning Network Team on Platform’s Adoption of Bitcoin Layer-2 Scalability Solution.
The leading global crypto exchange and derivatives trading platform OKEx recently announced support for Bitcoin’s scalability solution, Lightning Network. Regarding the new development, we had the opportunity to interact with Jay Hao, CEO of OKEx and the Lightning Network (LN) team. origin »
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Is Vitalik Buterin a Villain or a Hero for Dumping the Dog Meme Coins?.
The crypto market is divided, with some calling it a great move as one of the biggest ever philanthropy efforts enhancing the image of crypto, while others see it as a loss of new users and capital coming into the industry. origin »
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Binance Suspends ETH and ERC-20 Withdrawals for Customers.
Leading crypto platform Binance announced the suspension of withdrawals for Ether and all tokens based on Ethereum origin »
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Ethereum, Solana, THETA Price Analysis: 12 May.
At the time of writing, there seemed to be no end to Ethereum's bullishness and uptrend, with the world's largest altcoin well past the $4,000-mark. Unfortunately, its effects on the rest of the altcoThe post Ethereum, Solana, THETA Price Analysis: 12 May appeared first on AMBCrypto. origin »
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Hungary to Cut Tax on Crypto Earnings to 15% from 30.5% to Help the Economy Recover.
The finance minister expects “several billion forints” of revenue from this tax reduction while its inflation spiked to above 5% in Q2, the fastest in Europe and the highest since 2012 as it sees no reason to make substantial cuts in spending next year. origin »
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Gold, Stocks, and Bitcoin: Weekly Overview, May 13.
This week’s price movements for bitcoin (BTC), gold, and our stock picks Coinbase, MoneyGram, and Tesla. The post Gold, Stocks, and Bitcoin: Weekly Overview, May 13 appeared first on BeInCrypto. origin »
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Another $25 Million Gone, This Time xToken Was Exploited.
“Minting on all contracts has been paused as we investigate reports,” tweeted xToken protocol on Wednesday before announcing that they have been exploited, nearly $25 million stolen. The Peckshield audited decentralized passive investing protocol had its liquidity pools drained. origin »
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Central Bank of Bahrain and JPMorgan to work on digital currency settlement pilot.
The Central Bank of Bahrain expects that its digital currency collaboration with JPMorgan and Bank ABC could extend to a CBDC.
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Creator of Wall Street’s ‘Fear Index’ joins ‘Crypto Volatility Index’ as advisor.
The Crypto Volatility Index (CVI) project, an open-source decentralized finance protocol backed by blockchain protocol COTI, is adding professor Dan Galai, the co-creator of the VIX, into its board of advisors, as per a release. origin »
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XRP, Dogecoin, Cardano Price Analysis: 12 May.
With Bitcoin, the world's largest cryptocurrency, still holding a position below $60k and ETH surging past the $4,300-mark at press time, the rest of the market's altcoins had two directions to chooseThe post XRP, Dogecoin, Cardano Price Analysis: 12 May appeared first on AMBCrypto. origin »
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Bringing DeFi to Cosmos: 11 Reasons to Get Excited About Gravity DEX, Gravity Bridge, and More.
The open, scalable, and interconnected economy of the future. - Medium origin »
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EOS, Filecoin, YFI Price Analysis: 12 May.
With Bitcoin refusing to breach the $60k-mark, many of the market's altcoins were surging instead on the back of Ethereum's bullishness, with the latter breaching $4,000 following an astonishing run oThe post EOS, Filecoin, YFI Price Analysis: 12 May appeared first on AMBCrypto. origin »
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GoodFi Advisory Board Attracts 22 Executives from Chainlink, Aave, Radix, mStable and Other Leading DeFi Projects.
GoodFi, a not-for-profit organization created by Radix with the mission of getting 100 million people into DeFi by 2025, announced today the addition of 22 executives to its advisory board from DeFi industry leaders such as Chainlink, Aave, Sushiswap, Avalanche and mStable. origin »
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AppSwarm’s DOGE division calls for a global dev teams to build off Dogecoin.
AppSwarm’s newly launched Dogecoin division, DogeLabs, wants to become a global Dogecoin player by uniting worldwide DevOps teams. origin »
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CBDCs Will Eventually Kill Bitcoin - Edward Chancellor Explains Why.
Financial historian Edward Chancellor explains how central bank digital currencies may eventually kill Bitcoin origin »
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Grayscale’s diversified crypto fund files to become SEC reporting company.
Grayscale Investments has filed to make its $630-million diversified large-cap crypto fund an SEC reporting company.
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Jed McCaleb Gets Rid of XRP Again, Dogecoin Is Bumping Against Real Resistance, Ethereum Surpasses Visa: TikTok Crypto Digest by U.Today.
What’s happening in crypto today? Watch the most important news pieces in our videos! origin »
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Quiet down, Elon: 5 crypto stories that didn't need Musk's Twitter antics to move markets.
Yeah, yeah, we get it: Elon loves attention. Here's a picture to keep him happy. Meanwhile, let's take a look a 5 crypto news stories this month that didn't require us to fawn over his influence... origin »
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Bitcoin Mining Difficulty Hits All-Time High As Second Taproot Signaling Period Begins.
The start of a new Bitcoin difficulty adjustment window brought a major increase and a new Taproot signaling period with 63% green blocks. origin »
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75.85% of Tether is Backed by Cash & Cash Equivalents Reveals USDT Quarterly Report.
Dominant stablecoin USDT issuer Tether Holdings Limited has released its quarterly report providing the breakdown of its reserves backing the issued Tether tokens. As part of the settlement deal with NYAG, Tether will be releasing these breakdowns on a quarterly basis for the next two years. origin »
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Polkadot-centric derivatives exchange raises $6.4M in seed funding.
DTrade is planning to build the first derivatives exchange on Polkadot following a highly successful private investment round.
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Investment bank Cowen set to offer institutional-grade crypto custody.
The 103-year-old bank wants to hold crypto for asset managers and hedge funds as Wall Street begins offering cryptocurrency products to institutional clients. origin »
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Microsoft and Intel collaborate on crypto mining project.
The tech giants are looking at ways to bolster protection for crypto mining operationsMicrosoft… The post Microsoft and Intel collaborate on crypto mining project appeared first on Coin Journal. origin »
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Moneygram Lets Customers Buy and Sell Bitcoin With Cash at 12,000 Locations.
Moneygram will start letting customers buy and sell bitcoin at 12,000 locations, thanks to a partnership with Coinme. The collaboration “will bring bitcoin to thousands of new point-of-sale locations in the U. origin »
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Sportsbet.io and Arsenal FC Launch Augmented Reality Matchday Programme for Fans and Influencers.
May 13th, 2021, Tallinn, Estonia — The new augmented reality matchday programme uses the latest AR technology to let fans bring the players into their living room. The creative concept aims to leverage Sportsbet. origin »
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DeFi Criminals Raked In $240 Million in 2021.
DeFi frauds and hacks now account for the majority of crypto losses origin »
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Exchange Tokens Regain Footing After Sharp Drop.
Uniswap (UNI) has been decreasing since reaching an all-time high price of $45 on May 5. However, it has bounced at the $34.60 support area. The post Exchange Tokens Regain Footing After Sharp Drop appeared first on BeInCrypto. origin »
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‘That’s Going to Be Phenomenal,’ Shark Tank’s Kevin O’Leary on NFTs.
The tracking and validation capabilities of NFTs are what has attracted Canadian businessman and Shark Tank host, Kevin O’Leary to the newest digital trend. The post ‘That’s Going to Be Phenomenal,’ Shark Tank’s Kevin O’Leary on NFTs appeared first on BeInCrypto. origin »
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Cardano Foundation Says ADA Is Perfect Match for Tesla as Token Defies Crypto Crash with New All-Time High.
Cardano has managed to score a new all-time high amid a brutal market sell-off origin »
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Unstoppable Domains’ .crypto websites now available via Brave browser.
In contrast with traditional domains stored on behalf of users by custodians like Google Domains, .crypto domains are stored in crypto wallets. origin »
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US Inflation Rate Spikes to Highest Peak Since 2008; This Isn’t Completely Bullish for Bitcoin.
“Inflation fears bode well for bitcoin,” but no one is running to buy Bitcoin on seeing a sharp increase in numbers. And when the Fed gets nervous and ends up creating a risk-off environment, it would be bearish for all the asset classes. origin »
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Cowen Bank Will Hold Crypto for Institutions, Will Put $25 Million in Ripple CTO Company.
One of the biggest and most respectable banks, Cowen, says it will start holding cryptocurrencies for institutions origin »
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Ethereum Layer-2 Scaling Solution Arbitrum Inches Closer to Launch .
Offchain Labs has announced that its Ethereum Layer 2 scaling solution, Arbitrum now comes with a transaction sequencer. The team says the Arbitrum Sequencer testnet will go live on May 14, while the Arbitrum mainnet will be opened to developers on May 28, 2021. origin »
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YFDAI Releases Robust Roadmap Update for 2021.
YFDAI (YF-DAI) has updated its 2021 roadmap on the heels of launching the SafeSwap Governance Token, SSGT. The launch of this token achieves a major goal set for Q2 of the year, and with more than half of the quarter still ahead, users can expect several changes for existing YFDAI products as well as additions […] origin »
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Bosnia And Herzegovina To Draft Crypto Bill In A Move To Regulate Digital Asset.
Bosnia and Herzegovina, a European country in the Balkans region could start regulating the crypto environment within its territory. The country is preparing to draft a bill that would help establish a regulatory framework for cryptocurrencies within its territories. origin »
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First-Ever Dual-Funded Mainnet Lightning Channel Opened.
The world’s first dual-funded Lightning channel has been opened, bringing more features to the network while reducing fees. origin »
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Survey: 1 in 4 American Investors Believe Dogecoin is the Future.
The meme-based crypto asset dogecoin has seen a phenomenal year, capturing a whopping 19,723% against the U. S. dollar during the last 12 months. Dogecoin’s price gains have pushed interest toward the cryptocurrency, quickly making it a recognizable name. origin »
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Balancer Labs Launches V2 With Promises Lower Fees, Higher Yields, and Easy Interface.
Balancer Labs, a DeFi protocol operating on the Ethereum blockchain, said in a press release that its long-awaited V2 is live. Balancer’s Governance Execution The project, which has been one year in development, will see the automated market maker (AMM) switch its governance execution to a community multi-sig. origin »
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Hungary to Cut Tax on Crypto Profits in Half, Down to 15%.
The government in Budapest has put forward measures aimed at streamlining taxation and reducing the tax burden on businesses and citizens. As part of the package, Hungary plans to cut the tax levied on capital gains from cryptocurrency transactions, expecting to increase budget revenue with the move. origin »
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IRS & DOJ Set Sights on Binance to Root Out Illicit Activity.
Binance, one of the largest cryptocurrency exchanges, is facing an investigation by the IRS and the DOJ. The government entities are looking for information from individuals with insights into the exchange’s business practices. origin »
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Grayscale Files Registration Statement With SEC for $GDLC.
Grayscale Investments files with the SEC to make a reporting company out of its diversified large-cap fund. The post Grayscale Files Registration Statement With SEC for $GDLC appeared first on BeInCrypto. origin »
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Uniswap Collecting More than Double the Fees Daily Generated by Bitcoin.
Decentralized finance (DeFi) project Uniswap’s V3 has achieved $1 billion volume in 24-hours in just a week of its launch. In the past 24-hours, Uniswap v3 recorded $862 million in liquidity and $1. origin »
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Bitcoin and Ether Market Update May 13, 2021.
Total crypto market cap erased $268 billion from its value for the period since Monday and now stands at $2. 21 trillion. The top ten coins are all in red for the last 24 hours with Dogecoin (DOGE) and Litecoin (LTC) losing 18. origin »
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Vitalik Buterin Donates Over $1 Billion worth of SHIB to India Covid Relief Fund .
Vitalik Buterin, the Russian-Canadian founder of Ethereum and vocal proponent of a wealth tax, donated Ethereum and “meme coins” worth over $1billion to India’s Crypto Covid Relief Fund and a range of other charities. origin »
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Chiliz, Socios announce partnerships with three major Indian cricket franchises.
In what is a major development, Chiliz and Socios.com, two of the leading entities in the space of fan engagement, have announced partnerships with three franchises of the Indian Premier League. The tThe post Chiliz, Socios announce partnerships with three major Indian cricket franchises appeared first on AMBCrypto. origin »
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Elon Musk Posts New Tweet on Bitcoin Energy Consumption, Confirming Tesla’s BTC Rejection.
Tesla CEO continues talking about Bitcoin’s drawbacks in terms of energy consumption, shares recent data in a tweet origin »
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A Swiss Blockchain-Based Analytical Platform for the Cryptocurrency Market: Meet Dohrnii.
A new project has long started exploring the use cases of AI for trading and is set on a mission to become a pioneer in bringing them to the cryptocurrency market. Today, we will take a closer look at how trading has evolved over the years and where the cryptocurrency industry stands less than aRead More origin »
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