Category: Crypto News
NFTs democratize music industry and redistribute song rights
The music industry continues to find inventive ways to integrate decentralized technology into new releases to benefit both artists and their fans. El [...]
The Philippines pushes back against foreign exchanges, continuing a protectionist streak
The pressure on crypto is growing swiftly in the Philippines. After a recent series of controversial moves from the state regulators and local think t [...]
MTV introduces the ‘Best Metaverse Performance’ award category
The 2022 MTV Video Music Awards (VMAs) added a new category to its list of competition categories. This year artists are eligible to compete under the [...]
Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis
Many owners of precious Bored Ape Yacht Club (BAYC) and CryptoPunks NFTs, who used them as collateral to take out loans in Ether (ETH), have failed to [...]
Can exchanges create imaginary Bitcoin to dump price? Crypto platform exec answers
One of the most substantial value propositions of Bitcoin (BTC) is that no one can create more of it apart from its fixed supply. However, an executiv [...]
Weak address growth points to Bitcoin price failing to sustain $25K
Bitcoin (BTC) is staging a repeat of price action from May with its latest drop, the latest data shows.As the dust settles on a 6% comedown for BTC/US [...]
World’s Biggest Companies Invested $6B in Blockchain Firms Since September: Study
Blockdata used the size of the funding rounds as a proxy for total investment, saying it is not possible to determine the amount contributed by each p [...]
Crypto market bloodbath leads to over $500M in liquidations in 24 hours
The crypto market registered a major slump on Friday, resulting in major cryptocurrencies losing key support and falling to new monthly lows after a p [...]
Crypto Stocks Slide in Pre-Market Trading as Bitcoin Slumps to $21.6K
Marathon Digital and Riot Blockchain are leading the plunge in crypto stocks today with both facing double-digit moves to the downside.
www.coindesk. [...]
Hodlnaut cuts 80% of staff, applies for Singapore judicial management
Cryptocurrency lending firm Hodlnaut has cut most of its workforce and has applied to be placed under judicial management due to bleak financial circu [...]
Bitcoin ‘very bearish’ below $22.5K says trader as BTC price dives 6%
Bitcoin (BTC) fell rapidly on Aug. 19 as the culmination of a week’s sideways action ended in disappointment for bulls.BTC/USD 1-hour candle chart (Bi [...]
Bitcoin Reverses CPI-Induced Rally, Drops Below $22K
Bitcoin prices have recently climbed to almost $25,000 from $22,800 in hopes that inflation has peaked and the Federal Reserve will slow the pace of i [...]
MMORPG went into ‘hiatus’ after crypto investors bailed, denies it misused funds
Phat Loop Studios, the company under fire last week for abandoning its Kickstarter and crypto-funded MMORPG game Untamed Isles, is now denying accusat [...]
Aussie exchange Swyftx cuts staff by 21% amid bear market
Australian crypto exchange Swyftx has had to lay off 21% of its staff to lower costs as it wades through the current bear market. According to an Aug. [...]
US Trustee motions for examiner to probe Celsius’ ‘significant transparency issues’
The United States Trustee handling Celsius’ bankruptcy proceedings has called for an independent examiner to be brought in to “untangle” the embattled [...]