Quick Look
Mergers and Acquisitions Innovation for DeFi and Web3 Pushed Forward, Crypto Collapse Phoenix
In 2021, the global cryptocurrency market was valued at US$ 1,782 Billion. Sectors like DeFi and NFTs allowed individuals to earn high...
Where to buy the trending League of Kingdoms Arena MMO strategy game LOKA token
The native token of the popular blockchain-based Massively Multiplayer Online (MMO) strategy game League of Kingdoms Arena, the LOKA coin,...
Nigerian Central Bank Slashes CBDC Transaction Fees by 50%
The Central Bank of Nigeria has said it is slashing transaction fees for the e-naira platform by 50% — a move which the bank claims...
Why is Avalanche up by more than 13% on Tuesday?
Avalanche is the best-performing cryptocurrency amongst the top 50 cryptocurrencies by market cap. AVAX, the native token of the Avalanche...
Fed’s inflation fight is bad for short-term bitcoin traders, says Bitfury’s CEO
The United States Federal Reserve has been hiking interest rates in recent months, and Bitfury’s CEO believes it is suppressing...
Xbox Boss Phil Spencer Skeptical About Metaverse, Criticizes Play-to-Earn Models
Phil Spencer, head of the Xbox brand, believes that the metaverse has been with us since 30 years ago, when digital gaming was largely...
Frida Kahlo art finds permanent home in the metaverse
The family of the world-renowned painter Frida Kahlo released never before seen art and memorabilia tied to the artist into the metaverse....
Amid Colorado’s Gas Flare Ban, Report Shows Half Dozen Gas and Oil Firms Are Raking in a Lot of Bitcoin
In November 2020, Colorado banned gas flaring, venting, and the release of raw gas into the atmosphere. While the centennial state has a...
IMF Expects US Economy to Experience High Inflation for at Least Another Year or Two
The International Monetary Fund (IMF) expects the U.S. economy to experience high inflation for at least another year or two. “I...
Senator Warren ‘Very Worried’ About Federal Reserve Raising Interest Rates, Tipping US Economy Into Recession
U.S. Senator Elizabeth Warren says she is “very worried” that the Federal Reserve will tip the economy into recession....
Goldman Sachs Urges Investors to Buy Commodities Now — Expects Equities to Suffer as Inflation Stays Elevated
Global investment bank Goldman Sachs has urged investors to buy commodities now and worry about a recession later. The firm’s...
Gala Games Announces Launch Date for Spider Tanks
PRESS RELEASE. Jackson, Wyoming (August 29, 2022) – Gala Games, the leading pioneer in web3 entertainment and blockchain gaming,...
Singapore Considers Stricter Rules for Retail Crypto Investors — Regulator Says Cryptocurrencies Are ‘Highly Hazardous’
Singapore’s central bank, the Monetary Authority of Singapore (MAS), is contemplating imposing stricter rules on retail crypto...
Argentina’s wine capital Mendoza accepts crypto for provincial taxes
The government of Mendoza has added crypto to legal tax payment options and provided a step-by-step guide for users. The Mendoza province,...
Price analysis 8/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC
The United States equities markets are attempting to stabilize after the carnage on Aug. 26. On similar lines, Bitcoin (BTC) is also...
Veve Partners With Marvel to Drop Limited Edition NFT Covers Featuring Spider-Man, Black Panther
On August 29, the digital collectibles company Veve announced that the platform has launched digital variant non-fungible token (NFT)...
Itau Unibanco Selected by Central Bank of Brazil to Build Real-Pegged Stablecoin Solution
Itau Unibanco, one of the biggest bank conglomerates in Brazil, has been selected by the country’s central bank to develop a system...
Sam Bankman-Fried denies FTX is looking to acquire Huobi
FTX has been active in the acquisitions arena this year, snapping up firms like Liquid and Bitvo amid the crypto winter. Sam...
What the Taliban crackdown means for crypto’s future in Afghanistan
With the rise of the Taliban last year in August, Afghanistan faced global sanctions that led to many international organizations and...
These 3 altcoins have completely ignored the bear market in the last 90 days
The cryptocurrency market overall endured a bad summer on back-to-back pieces of bad news, ranging from Terra’s (Luna) —now renamed...
Bitcoin battles for $20K as Mt.Gox BTC dump cloud fades
Bitcoin fell below $20,000 over the weekend amid selling pressure across equities and crypto. BTC price is back above the key level, with...
Bitcoin reaches ‘short squeeze’ trigger zone as BTC price nears $20.4K
Bitcoin (BTC) regained some lost ground at the Aug. 29 Wall Street open amid talk of an imminent short squeeze. BTC/USD 1-hour candle...
UN Human Rights Chief Voices Concern Over Assange Extradition Case, Wikileaks Continues to Raise Large Sums of Crypto
On Saturday, the human rights chief at the United Nations (UN), Michelle Bachelet, said that the potential extradition of whistleblower...
CME Group’s Bitcoin Euro and Ether Euro futures are now live
CME says there’s growing demand for non-USD denominated crypto derivatives products. The company also plans to launch options...
EMURGO Ventures invests in DoraHacks to help scale Cardano
The investment round also included Binance Labs, Crypto.com, FTX Ventures and Circle Ventures among other institutional investors....
The Top Privacy Coins Saw Fewer Percentage Losses Than Most Tokens This Week
The privacy coins monero and zcash managed to see fewer percentage losses against the U.S. dollar this week, in contrast to crypto assets...
Calo Indoor Will Launch as First Burn-to-Earn Project With AR and GameFi
Hochiminh, Vietnam, 30th August, 2022, Chainwire Calo Metaverse has revealed that its second project will be Calo Indoor, the first...
Argentinian Province Mendoza Starts Accepting Tax Payments in Crypto
Mendoza, an Argentinian province, has implemented a system that allows taxpayers to pay their taxes fully with cryptocurrencies. The...
Binance and Virtuzone partner to enable crypto payments in UAE
Virtuzone, the UAE’s main provider of corporate and business formation services, and Binance partnered to enable crypto payments via...
Fintech Makes Moves Into the Auto and Home Repair Industries With FixxFi
PRESS RELEASE. Dublin, Ireland, 8/29/2022 – One of the arguments against cryptocurrencies has been, “What’s the point...
US dollar hits new 20-year high — 5 things to know in Bitcoin this week
Bitcoin (BTC) heads into the first week of September on a rocky road downhill after United States markets’ Jackson Hole rout. After the...
Optimism price crawls back as Perpetual Protocol rebounds
Optimism price crawled back on Monday as investors bought the dip. The token rose to a high of $1.1150, which was the highest level since...
XEC is up by more than 30% on Monday: Here is why
The cryptocurrency market has performed poorly so far today, but XEC is the best performer amongst the top 100 cryptocurrencies. ...
Crypto ATM Company Bitbase Prepares to Open Operations in Venezuela This Year
Bitbase, a cryptocurrency store and ATM company headquartered in Spain is preparing to open operations in Venezuela this year. The company...
The government’s investigation is to know what we do, says CoinSwitch CEO
The Indian government has been looking into the activities of CoinSwitch Kuber, and the CEO said it is because the government wants to...
Rocky road lies ahead, but here are 5 altcoins that still look bullish
The United States equities markets plunged on Aug. 26 following Federal Reserve Chair Jerome Powell’s speech where he reiterated the...
Nifty News: Taco Bell wants you hitched in the Metaverse, Animoca Japan raises $45M and more
American fast-food chain Taco Bell and Metaverse platform Decentraland are teaming up to offer United States-based couples a chance to get...
Russian Crypto Scammers Go Offline, Open Offices, Central Bank Worried About Trend
An increasing number of financial and crypto pyramids targeting Russian investors have been opening physical offices in the country. The...
Preserve Childhood With Love: CoinEx Charity Delivers Warmth to Sick Children in Venezuela
On August 19, a group of loving volunteers visited Hospital Universitario Antonio Patricio de Alcalá (HUAPA) in Cumaná,...
Dubai Regulator Announces Virtual Assets Marketing and Advertising Guidelines
The Dubai virtual assets regulator, the Virtual Asset Regulatory Authority (VARA), has unveiled digital assets marketing and promotion...
Robert Kiyosaki Says Real Estate, Stocks, Gold, Silver, Bitcoin Markets Are Crashing — ‘Millions Will Be Wiped Out’
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that all markets are crashing, specifically...
Onchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a Nickel
With just over two weeks until The Merge, Ethereum network fees have reduced significantly as the average ethereum transfer fee has...
Amid Ethereum’s Merge, Cardano Founder Charles Hoskinson Says ADA’s Vasil Fork Is Coming Soon
Cardano founder Charles Hoskinson detailed on Friday that the Vasil hard fork is coming soon and noted that it may occur “sometime...
Rocky road lies ahead, but here’s 5 altcoins that still look bullish
The United States equities markets plunged on Aug. 26 following Federal Reserve Chair Jerome Powell’s speech where he reiterated the...
Coinbase Discloses It Will ‘Evaluate Any ETH Fork Tokens Following The Merge’
The publicly listed firm Coinbase Global has revealed the company plans to evaluate any potential forks that arise from the upcoming...
Bitcoin price briefly falls below $20K on ‘bunch of nothing’ Powell speech
Bitcoin (BTC) analysts were keen to draw fresh price targets on Aug. 27 after the largest cryptocurrency briefly fell below $20,000....
Bitcoin threatens 20-month low monthly close with BTC price under $20K
Bitcoin (BTC) looked set to equal its lowest monthly close since 2020 on Aug. 28 as bulls failed to take control. BTC/USD 1-hour candle...
ECB President Christine Lagarde Blames Climate Change for Europe’s Torrid Inflation
According to the French politician currently serving as the president of the European Central Bank (ECB), Christine Lagarde,...
46% of US crypto users say their investment performed ‘worse than expected’
Majority of US crypto users at 46% are unhappy with how their crypto investments performed. Percentage of crypto users in the country...
Market Strategist Expects Stock Market to Drop 50% From Here, Says There’s ‘Going to Be No Middle Class Left’
Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies,...
MakerDAO co-founder recommends DAI-USD depegging to limit attack surface
In light of the recent discussions around depegging its native token from USD Coin (USDC) amid sanctioning of Tornado Cash, MakerDAO...
Silver Supply Crunch Predictions, FDIC Issues Cease and Desist Order to FTX US, and More — Bitcoin.com News Week in Review
Morgan Report founder David Morgan foresees a supply crunch for silver, and says that in ten years’ time, it will be one of the...
GameFi investors are now prioritizing fun factor over money: Survey
GameFi, the fusion of gaming and decentralized finance (DeFi), attracts a set of investors that tend to choose projects based on their use...
Bitcoin mining difficulty set for 8-month record gains despite BTC price dip
Bitcoin (BTC) may have hit six-week lows of under $20,000 but its network fundamentals are anything but bearish. The latest on-chain data...
Report: Ethiopia-Based Crypto Service Providers Told to Register With the Country’s Cybersecurity Agency
Cryptocurrency service providers operating in Ethiopia are now required to register with the country’s cybersecurity agency known...
Bitcoin risks worst August since 2015 as hodlers brace for ‘Septembear’
BItcoin (BTC) is on track to see its worst August performance since the 2015 bear market — and next month may be even worse. Data from...
Antpool Reveals Plans to Drop Ethereum Ethash Support, Plans to Keep Mining ETC
Antpool, the bitcoin mining pool affiliated with Bitmain, has announced the crypto mining operation will not manage ethereum accounts...
Top 10 most Googled questions about cryptocurrency and its implication
What people end up searching on Google provides raw insights into the real mindset, often revealing their interest, fear, and range of...
Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash
The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased...
Latvian Extradited to US for Wire Fraud Involving Crypto Investments
A Latvian national has been handed over to the United States where he is accused of fraud through several companies offering false crypto...
Binance to Help South Korean City of Busan Grow Crypto Adoption, Develop Blockchain Ecosystem
Binance is helping the South Korean city of Busan “grow crypto adoption within the city and beyond.” The global crypto...
SEC Probes Twitter Over Spam Accounts — Court Orders the Social Media Giant to Provide Additional Data to Elon Musk
Twitter Inc. has been ordered to provide additional data relating to spam and bot accounts to Elon Musk. The social media giant has sued...
Applied Blockchain Changes Name, Enters Purchase Agreement for Land in North Dakota
This week the mining operation Applied Blockchain announced that it is changing its company name to Applied Digital. Furthermore, the...
Crypto Economy Slides Under $1 Trillion, as Bitcoin and Ethereum Dive Below Previous Support Zones
On Saturday, August 27, 2022, the global market capitalization of all the crypto assets in existence dropped under the $1 trillion mark...
Powell Says Fed’s Battle With Inflation Will Bring ‘Some Pain,’ After Insisting Last Year Elevated Inflation Is ‘Likely to Prove Temporary’
On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central...
Bitcoin price briefly loses $20K on ‘bunch of nothing’ Powell speech
Bitcoin (BTC) analysts were keen to draw fresh price targets on Aug. 27 after the largest cryptocurrency briefly fell below $20,000....
Mt. Gox rumors panic Bitcoin Twitter as BTC price returns below $20K
Bitcoin (BTC) failed to keep $20,000 support on Aug. 27 as fears over a sell-off by users of defunct exchange Mt. Gox added to price...
Indian Authorities Search Crypto Exchange Coinswitch Kuber — CEO Says It’s Not Related to Money Laundering
India’s Enforcement Directorate (ED) has conducted searches at five premises linked to popular cryptocurrency trading platform...
While the Merge Led the Bear Market Rise, Hype Has Been Erased and Ethereum Now Leads the Slide
With just over two weeks left until The Merge, ethereum’s value against the U.S. dollar has lost all the gains the crypto asset...
SoMee.Social secures $50M investment commitment from GEM Digital
GEM Digital Limited has committed $50 million to SoMee through a token subscription facility. The blockchain-based social media platform...
Biggest Movers: DOGE, AVAX Fall to 1-Month Lows on Saturday
Dogecoin fell to a one-month low to start the weekend, as a red wave swept through cryptocurrency markets. Avalanche also dropped to a...
Bitcoin, Ethereum Technical Analysis: BTC Nears $20,000, as ETH Hits 1-Month Low
Bitcoin was trading close to $20,000 to start the weekend, as traders reacted to comments from U.S. Fed Chair Jerome Powell during...
US stocks lose $1.25T in a day — more than entire crypto market cap
Bitcoin (BTC) and altcoins lost big on Aug. 26 after the United States Federal Reserve delivered hawkish remarks on economic policy....
Zugacoin Controversy: Supposed Poverty Eradicating Cryptocurrency Criticized as Just Another Complex Nigerian Ponzi Scheme
After reports that merchants and holders of “Zugacoin” cryptocurrency are unable to make withdrawals, the founder of the...
Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next Year
Rico, a Brazilian brokerage platform part of XP Inc., has announced it plans to enter the cryptocurrency market next year. The division is...
Hetzner anti-crypto policies: A wake-up call for Ethereum’s future
Just when the Ethereum ecosystem reached its final stages in preparing for the much-anticipated upgrade, The Merge, german cloud provider...
Hacker tries to exploit bridge protocol, fails miserably: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Singapore Seeks Detailed Information From Crypto Firms Ahead of New Regulations, Report Unveils
Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central...
Indian Crypto Market Is Growing: Report Shows the Country Has 115 Million Crypto Investors
A new report shows that India has roughly 115 million crypto investors, and the country’s crypto economy is growing despite the...
Millions of dollars in ETH lie unclaimed in presale wallets — but there’s a way to get them back
Out in the cryptosphere, there’s a vast amount of wealth that’s seemingly out of reach. A long-running statistic suggests four...
Hawkish Fed comments and Bitcoin derivatives data point to further BTC downside
A $750 pump on Aug. 26 took Bitcoin (BTC) from $21,120 to $21,870 in less than two hours. However, the movement was completely erased...
Price analysis 8/26: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC
Federal Reserve Chairman Jerome Powell warned that the central bank will continue to use the “tools forcefully” to bring down inflation,...
Gas-to-Bitcoin Firm Crusoe Energy Sues Rival Alkane Midstream Over Patent Infringement
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy is suing the rival firm Alkane Midstream LLC over alleged patent...
Ethereum falls 9% as risk-on assets tumble on Fed Chair remarks
Ethereum (ETH) price fell alongside other cryptocurrencies and equities following hawkish remarks by the US Federal Reserve Chairman...
Afghanistan Closes Down 16 Cryptocurrency Exchanges, Arrests Operators
Law enforcement in Afghanistan has shut down over a dozen crypto exchanges in Herat, detaining the people who were running them. The...
Binance says it froze Baking Bad account after law enforcement request
Binance said it had frozen the account in response to a law enforcement request. Baking Bad claims it’s been unable to contact the...
Three cryptos likely to do well despite the Fed’s Hawkish stand
The financial markets tanked towards the end of the week after Fed Chairman Jeremy Powell took a hawkish stance during the annual Jackson...
Top Cheap Cryptocurrencies that can easily 10x your money
Bitcoin continues consolidating around the $21k level, and selling volumes are dropping. It is an indicator that the bottom could be in,...
Celsius bankruptcy proceedings show complexities amid declining hope of recovery
The Celsius Network is one of many crypto lending firms that has been swept up in the wake of the so-called “crypto contagion.” Rumors of...
China’s Yuan Continues to Depreciate Against Greenback, Real Estate Crisis Exposed 2 Decades of Accumulated Risk
China’s sovereign currency, the yuan, has slid significantly in value during the last few months as it has shed 8% against the U.S....