Quick Look
Cardano-Based Decentralized Exchange 'SundaeSwap' Off to Rocky Start
SundaeSwap, the first decentralized cryptocurrency exchange on the Cardano blockchain, went live this week, but users have complained that...
Crypto-Exposed Stocks Sink Amid Bitcoin’s Decline, Broader Market Rout
Cryptocurrency stocks including miners and exchanges were falling as bitcoin, ether and other key cryptocurrencies sank on Friday.Crypto...
Who Writes the Story of the Metaverse?
IRL.This acronym has become shorthand for the regular, offline human existence in which we all participate, a realm lying outside of that...
FTX Readies Visa Debit Card for Users to Spend Crypto Balances
Sam Bankman-Fried’s crypto exchange told customers Thursday they can join the waitlist for an FTX Visa debit card.But one geography is not...
Crypto News Roundup for Jan. 21, 2022
This episode is sponsored by Kava.Today's Stories:Bitcoin Dips Below $40,000 During Broader Asia Market Sell-OffEther, Altcoins Tank With...
These Are the Crypto Economy’s 10 Most Expensive Assets per Unit in 2022
A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot...
Nations to adopt Bitcoin, crypto users to reach 1B by 2023: Report
There’s a beacon of hope for battered Bitcoin (BTC) bulls. A promising report from Crypto.com predicts that global crypto users could...
Crypto Twitter responds to Bitcoin dump: ‘Ok cool’
Bitcoin (BTC) has dumped below 40,000, wiping out almost $50 billion from the crypto market cap. Even without any particular news to...
Boston nurse fired for nudes on OnlyFans launches crypto porn app
Former Boston ICU nurse Allie Rae made international news in August last year after she was fired for running an extremely naughty...
Media in the Metaverse: NYT’s Kevin Roose on the Future of Crypto
This episode is sponsored by Quantstamp and Nexo.io.“I don't think we should feel like this is going to be entirely a good thing … if Web...
How to Stay Safe in DeFi: Red Flags and Risks You Need to Know
Decentralized finance (DeFi) is one of the fastest-growing sectors of the crypto industry, with $92 billion worth of crypto assets...
Binance Didn't Upgrade Customer Checks, Despite Promises to Regulators: Report
The world's largest crypto exchange kept weak know-your-customer (KYC) checks and did not properly cooperate with authorities, despite its...
Important Disclosure About CoinDesk and Digital Currency Group
Any for-profit news organization has to navigate a delicate balancing act to achieve quality, transparency and trust. At CoinDesk, we face...
The UK Lawmakers Who Want to Use Brexit to Rethink Crypto Rules
A country distancing itself from its neighbors and hardening its borders – as the U.K. has done with Brexit – might sound like a perverse...
Bank of Russia to Monitor Banks’ Dealings With Crypto Exchangers
The Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local...
Hoo AMM Pool Launched, New Access to Increase User Yields
PRESS RELEASE. According to Hoo users who participated in AMM (Automated Market Maker) test, each liquidity pool of Hoo has listed...
Iris Energy Secures 600MW Connection for Texas Bitcoin Mine
Australian crypto miner Iris Energy (IREN) secured a 600 megawatt connection for a new Texas crypto mining facility, the company said on...
Turkish and Salvadoran presidents meet, Bitcoiners left disappointed
Bitcoin (BTC) took more than just a beating in the markets. The orange coin got the cold shoulder as Turkish President Recep Tayyip...
Here are levels to watch as Bitcoin fights to avoid $30K July repeat
Bitcoin (BTC) could well continue falling in the short term now that $40,000 support has disappeared, fresh analysis warns. In its latest...
Bitcoin Falls Beneath $40K, Dragging Crypto Economy Below $2 Trillion
On Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021....
Is Tornado Cash Complicit in Laundering Stolen Crypto? It’s Complicated, Says Former Law Enforcement Agent
In many ways, Crypto.com’s hack is now case closed. Technical details of the hack were released (the amount stolen was updated to $33...
‘Facebook of Russia’ Exec Rogozov Joins Telegram’s Spin-Off Blockchain Project
Toncoin, the offspring of the blockchain project designed by Telegram, just brought in reinforcements from the mainstream tech world –...
Laos Licenses 2 Cryptocurrency Trading Platforms
The central bank of Laos has issued licenses to two cryptocurrency trading platforms. Lao Digital Assets Exchange (LDX) and Bitqik are now...
Market highlights January 21: Bearish trend continues in crypto markets
The crypto market remained on its overall lower trajectory over the past 24 hours, as most major cryptos registered steep...
Bitcoin fundamentals diverge from BTC price dip as difficulty hits new all-time high
Bitcoin (BTC) may have tanked to six-month lows this week, but under the hood, the network is now verifiably stronger than ever. Data from...
Top places to buy LOKA, the token of the free to play game League of Kingdoms
League of Kingdoms is a free-to-play, MMO war strategy game on the blockchain. Its coin LOKA is up 12.38% in the last 24 hours on news of...
You can now buy Beta Finance, which gained 28% in 24 h: here’s where
Beta Finance is a permissionless money market on Ethereum for borrowing, lending and shorting crypto assets, which is becoming more and...
‘Google for Blockchains’ The Graph Raises $50M Led by Tiger Global
The Graph, a startup that likens itself to Google, but for indexing information that lives on blockchains, has raised $50 million in new...
Suku is skyrocketing today, up 57%: here’s where to buy Suku
The live SUKU price today is $0.57 with a 24-hour trading volume of $65.6 million. SUKU is up 57% in the last 24 hours. If you are...
India's Crypto Industry Has Great Expectations From the New Budget
India’s cryptocurrency ecosystem is eagerly hoping for a hint of regulation from the government come Feb. 1, 2022.India’s Finance Minister...
The Father of PlayStation Doesn’t Like Metaverse or VR Headsets
As the idea of the metaverse — bringing together different gaming worlds and economies under one cohesive secured virtual umbrella —...
Ether, Altcoins Tank With Bitcoin as Decoupling Narrative Goes Up in Smoke
The developing narrative of ether and alternative cryptocurrencies, or altcoins, decoupling from bitcoin in an adverse macro environment...
Tom Brady’s Autograph NFT Agency Gets $170 Million in Series B Funding Round
Autograph, the NFT agency co-founded by famous NFL player Tom Brady, has raised $170 million in its series B funding round. The company...
Bitcoin dumps to hit six month lows near $38K
Bitcoin (BTC) has dumped 7.5% in the past 12 hours, plunging to 6-month lows from $43,328 at 4pm UTC yesterday to $38,258 by 4am UTC...
Crypto liquidations pass $700M as altcoins take a hit from Bitcoin sinking below $40K
Bitcoin (BTC) stayed lower on Friday after an overnight bout of volatility sent the largest cryptocurrency to six-month lows. BTC/USD...
UFC Partners With Dapper Labs to Launch NFT Collection ‘UFC Strike’
The creators of the Flow blockchain network and NBA Top Shot, Dapper Labs, announced the launch of a new non-fungible token (NFT)...
El Salvador Plans to Offer Crypto-Based Loans for SMEs
The government of El Salvador plans to offer small and medium-sized companies (SMEs) $10 million in crypto-based loans as of the first...
SundaeSwap launches on Cardano but users report failing transactions
Cardano’s first decentralized app (DApp) SundaeSwap has launched but is causing a frustration among users due to congestion, platform...
NFT firm Dropp GG set to launch ‘geo-minting’ and ‘mixed reality events’
Solana-based augmented reality and NFT platform Dropp GG is developing geographical-based NFT minting and “mixed reality events” tied to...
E-Commerce Giant Mercado Libre Invests in Crypto Firms Paxos, 2TM
Mercado Libre, Latin America’s largest e-commerce company by market value, has invested in 2TM, the holding company for Brazil's largest...
LBank Exchange Will List STEP on January 21, 2022
PRESS RELEASE. INTERNET CITY, DUBAI, Jan. 21, 2022 – LBank Exchange, a global digital asset trading platform, will list STEP on...
Australia’s plan to create a crypto competitive edge in 12 steps
In October 2021, the Senate Committee for Australia as a Technology and Financial Centre released its much-awaited recommendations for how...
Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining
True to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on...
Bitcoin Dips Below $40,000 During Broader Asia Market Sell-Off
For the second time this month, bitcoin has dipped below $40,000, hitting $38,642 mid-way through the Asia trading session.Bitcoin is down...
Bitcoin Mining Difficulty Sets New All-Time High
The mining difficulty on the bitcoin network increased by 9.32% and hit an all-time high of 26.64 trillion on Jan. 21, at 22:07 UTC,...
Indian Government Needs More Time to Finalize Crypto Bill: Report
Indian government officials reportedly said that India’s cryptocurrency bill will require more time because crypto is a complex...
These were the 5 hottest coins on Twitter last week — And their price dynamics
Crypto Twitter is a powerful place. Not only does the online discussion follow the ups and downs of digital assets, but it can also shape...
Moonbeam (GLMR) launch brings EVM interoperability closer to the Polkadot network
Cross-chain compatibility with the Ethereum (ETH) network has become a necessary component for any layer-one protocol looking to remain...
OpenDAO (SOS), LooksRare (LOOKS) and WTF token: 3 airdrops, with 1 scam
NFTs continue to surge with what looks to be no end in sight. Since January 14, 2022 OpenSea notched trading volumes over $1.03 billion,...
JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion
JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token...
Witnesses Debate Crypto Mining's Efficiency in Congressional Hearing on Environment
While some lawmakers grappled with the basics of digital assets, key issues about the definition of energy efficiency and how crypto...
MicroStrategy isn’t in the business of selling Bitcoin even if prices crash, says CEO Michael Saylor
MicroStrategy CEO says the company’s strategy is to buy and hold Bitcoin, not sell. The company has over $5 billion worth of BTC....
First Mover Asia: Bitcoin, Altcoins Rise and Then Sink
Good morning. Here’s what’s happening:Market moves: The largest cryptocurrency by market capitalization falls under $41,000; ether and...
Robinhood Under Investigation for FINRA Registration Violation
Robinhood Financial is facing an investigation over CEO Vlad Tenev’s failure to register with the Financial Industry Regulatory Authority,...
Robinhood Begins Testing Crypto Wallet
Retail trading platform Robinhood Markets (HOOD) has launched a beta version of the company’s crypto wallet, selecting 1,000 customers...
Mad Money’s Jim Cramer Warns About Dogecoin — Says DOGE Is a Security, SEC Will Regulate
The host of Mad Money, Jim Cramer, has warned about dogecoin (DOGE). He said that the meme cryptocurrency is a security and will be...
Finra Considering Changes to Crypto Regulations to Better Protect Investors: Report
The CEO of the Financial Industry Regulatory Authority (FINRA) said the self-regulatory body will look at potential changes to crypto...
Bulls aim to turn the tide in Friday’s $580M options expiry after BTC tops $43K
Bitcoin (BTC) investors seem uncomfortable with adding positions after the most recent 40% correction from the $69,000 all-time high made...
Yield App Launches V2, and It’s More Than Just a New Look
Yield App – the official digital asset wealth management partner of premier league football club West Ham United – has...
Market Wrap: Bitcoin Rises Despite Russia's Proposed Crypto Ban
Bitcoin returned above $43,000 on Thursday and was up about 3%, indicating renewed buying interest after a relatively quiet week. Despite...
Simpin' Ain't Easy: The Business Sense Behind IreneDAO
Simplicity. Integrity. Meaning. Purpose.Apart, these are empty buzzwords. But together, they’re something more: S.I.M.P., a kind of online...
Is Russia Trying to Ban Bitcoin?
This episode is sponsored by Nexo, Abra and FTX US.Download this episodeNLW covers stories that show the full breadth...
Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’
On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary...
Bitcoin Returns Above $43K; Resistance Near $45K-$48K
Bitcoin (BTC) buyers are attempting to reverse a short-term downtrend on the charts. Over the past two weeks, price action has been...
Agoric Raises $50M in CoinList Token Sale to Bring JavaScript Developers Into Crypto
Agoric, a startup dedicated to creating JavaScript-based smart contracts, announced on Thursday it had sold over $50 million of its native...
Federal Reserve Highlights Privacy, Financial Stability Concerns in CBDC White Paper
The U.S. central bank believes the current financial system might be bolstered by the creation of a central bank digital currency (CBDC),...
Gala (GALA) continues free fall as hopes for quick rebound shrink – price analysis and prediction
After ranking as one of the top performers of the year in 2021, Gala (GALA), one of the most popular gaming tokens in the market, has...
Altcoins that could make you millions before the end of 2022
The crypto market has been known to literally make people rich overnight. In fact, 2021 was the year of crypto, with most altcoins setting...
Cosmos (ATOM) remains resilient during the crypto slump – Should you buy it?
Cosmos (ATOM) has shown some incredible resilience even as the broader crypto market reported weakness in January. The coin in fact has...
Baby DogeCoin (BabyDoge) gets 1.3 million holders – should you buy it?
2022 has seen the entrance of a new dog-themed meme token, the Baby DogeCoin (BabyDoge). The meme coin is now gaining superb momentum...
SEC Chairman Gary Gensler Stresses Crypto Trading Platforms Must Be Regulated to Ensure Investor Protection
The U.S. Securities and Exchange Commission (SEC) is focusing on bringing cryptocurrency exchanges “inside the investor protection...
Bitcoin shrugs off Russia crypto ban fears as BTC price nears $43.5K
Bitcoin (BTC) surged on the Wall Street open on Jan. 20 as news that Russia was planning to “ban” cryptocurrency failed to...
Sandbox (SAND) is approaching a key support zone – Can it reverse the downward trend?
The general outlook on Sandbox (SAND) over the last few weeks has been bearish. The metaverse token is now approaching a crucial support...
Here are three reasons behind the recent Propy (PRO) price surge
The price of Propy (PROP) token saw an astronomical rise between January 10 and January 18, before going into the current pullback that is...
Twitter Launches NFT Profile Picture Verification
For as long as crypto believers have been using NFTs (non-fungible tokens) as profile pictures on Twitter, there’s been skepticism about...
Here is the reason behind the current Terra (LUNA) bullish trajectory
Terra (LUNA), a blockchain protocol that uses fiat-pegged stablecoins to influence the price of stable global payments systems, has surged...
Crypto News Roundup for Jan. 20, 2022
This episode is sponsored by Kava.Today's Stories:Bank of Russia Calls for Full Ban on CryptoEuropean Shares Waver as Traders Contemplate...
Report: Meta and Instagram Are Exploring an ‘Early Stage’ NFT Feature
Meta Platforms, Inc., formerly known as Facebook, Inc., is reportedly experimenting with non-fungible token (NFT) technology, according to...
LIVE BLOG: Congressional Hearing Puts Crypto Energy Use in the Crosshairs
Crypto mining's energy use will be in the crosshairs Thursday as the House of Representatives Energy and Commerce Committee discusses its...
Can NFTs Be Issued at Scale?
On Jan. 19, Worldwide Asset eXchange, or WAX, plans to celebrate the opening of its 10 millionth cloud wallet by dropping 10 million...
Jefferies Sees the NFT Market Reaching More Than $80 Billion in Value by 2025
The convergence of the digital and physical worlds is taking shape, with non-fungible tokens (NFTs) allowing brands to expand their reach...
Prada, Adidas Launch NFT Project on Polygon
Italian luxury fashion house Prada and sportswear giant Adidas, which recently ventured into the metaverse, have joined forces to launch a...
SEC Rejects First Trust Skybridge's Spot Bitcoin ETF Proposal
The U.S. Securities and Exchange Commission (SEC) has rejected the proposal to list a spot bitcoin exchange-traded fund (ETF) by...
Animoca Brands Leads $6.5M Round for Decentralized Exchange SOMA Finance
SOMA Finance, a decentralized exchange for trading digital assets and compliant digital securities, has completed a $6.5 million seed...
Crypto.com Reveals 483 Accounts Compromised in Recent Hack — $34 Million in Bitcoin, Ether Stolen
Crypto.com has revealed that 483 user accounts were compromised in the recent hack that resulted in unauthorized withdrawals of about $34...
IPFS, Filecoin and the Long-Term Risks of Storing NFTs
As NFTs continue their march into the mainstream, it’s important to know how these supposedly permanent digital assets stay that way – or...
Understanding DeFi and Its Importance in the Crypto Economy
Decentralized finance, or DeFi, is one of the most important topics in cryptocurrency. The aim of DeFi is to create an entirely new...
Aleph.im Raises $10M to Compete With Amazon’s Storage and Computing Service
Aleph.im, a cross-blockchain decentralized storage and computing network, has closed a $10 million funding round led by Stratos...
Google accelerates crypto strategy with hiring ex PayPal Exec
At the end of last year, Bakkt announced that it was working with Google Cloud. Customers with a Bakkt Visa Debit Card, or Bakkt Card, can...
UFC Joins NBA, NFL in Dapper Labs’ Sports NFT Suite
Ultimate Fighting Championship (UFC) is lunging into non-fungible tokens (NFTs) with the launch of UFC Strike, its own NFT marketplace in...