Category Archive: Cryptocurrency, No picture
Bitcoin, Ethereum, DeFi Hit by Latest Musk Tweet
Key Takeaways Crypto prices plummeted Thursday after Elon Musk posted a tweet suggesting he’d broken up with Bitcoin. Bitcoin, Ethereum, and various DeFi tokens are in the red. The crash liquidated $600 million worth of futures positions in the crypto derivates market. The cryptocurrency market slumped Friday morning after Elon Musk called an end to […]
DoJ to Prioritize Ransomware Attacks with Terrorism: Report
Key Takeaways The Department of Justice has established a task force to tackle ransomware attacks. The attackers behind the recent Colonial Pipeline incident reportedly received their $5 million ransom in cryptocurrency. Critics have claimed that cryptocurrencies have enabled ransomware attacks. A senior Department of Justice official has revealed that the U.S. will give similar priority […]
Anchorage Launches ETH-Backed Loans for Institutions
This news was brought to you by Phemex, our preferred Derivatives Partner. Anchorage has partnered with one of America’s oldest banks to launch Ethereum-backed loans. Anchorage Adds Lending Product Anchorage Digital has launched ETH-backed loans. The digital assets company has introduced the new lending product in partnership with BankProv, one of the oldest banks in […]
Norton’s Security Suite Will Let Users Mine Ethereum
Key Takeaways Norton will add Ethereum mining tools to Norton 360, its all-around security suite, in the coming weeks. The company aims to provide a way for users to mine cryptocurrency without disabling security apps. The tool will store user earnings in an online cloud wallet. Mine Crypto NortonLifeLock will add a built-in cryptocurrency mining […]
FTX Exchange Launches NFT Marketplace
Key Takeaways FTX has set up an NFT marketplace, listing a variety of tokens that can be redeemed for physical items and real-world experiences. An NFT giving access to lunch with Sam Bankman-Fried is bidding at $110,000. Gemini and Binance have both also embraced NFTs in recent months. FTX steps into the NFT game. NFTs […]
Ripple Seeks XRP Transfer Data on Overseas Exchanges
Key Takeaways Ripple’s executives have filed a new motion requesting the Court to issue Letters of Request to foreign authorities. The letters would be sent with the aim of collecting data on Ripple’s XRP sales on 15 non-U.S. exchanges. Ripple has submitted the motion in hopes of proving that its XRP sales were made outside […]
Solana Launches $20M Fund with Korean VC Firm
This news was brought to you by ANKR, our preferred DeFi Partner. The Solana Foundation and South Korean blockchain accelerator firm ROK Capital are launching a $20 million fund to develop the Solana ecosystem. Ethereum Competitor Attracts Capital The Solana Foundation and ROK Capital are starting a $20 million fund, it was announced Thursday. It’s […]
Novogratz’s Cryptology to Invest $100M in Crypto Funds
Cryptology says it wants to partner with its portfolio funds to invest in promising blockchain companies. Cryptology Readies $100 Million Investment Cryptology Asset Group, an investment firm co-founded by Mike Novogratz and Christian Angermayer, has put aside $100 million to back crypto venture funds. The company announced the update in a Thursday press release, detailing […]
Crypto Briefing’s CB10 Index Makes Room for ETH, ADA
Key Takeaways The June rebalancing of Crypto Briefing’s CB10 was performed at 10:00 AM EST on Jun. 1. Cardano, Dogecoin and Ethereum were the top performers of the index last month. Polygon’s MATIC replaced Solana with a 0.99% allocation. Crypto Briefing’s CB10 index of the top ten cryptocurrencies weighted by market capitalization yielded a negative […]
U.K. Extends Registration Deadline for Crypto Companies
Key Takeaways The UK’s financial regulator has extended the registration deadline for crypto businesses. The registration period now ends on Mar. 31, 2022. The FCA had ordered crypto businesses operating in the U.K. to register before Jan. 10, 2021. Only five business have passed the FCA’s registration process so far. The U.K.’s financial regulatory body […]
