Cryptocurrency News

Radix joins forces with other industry players to provide DeFi education DeFi protocol Radix has announced the launch of GoodFi, a non-profit initiative geared towards accelerating the adoption of decentralized finance (DeFi). Along with other crypto-based members like Aave, Chainlink, mStable, and Messari, the alliance hopes to foster the “education, resear

What’s Next For Dogecoin DOGE gathered one of the biggest communities of supporters over time. Will it go to the moon?Continue reading What’s Next For Dogecoin at reading on DailyCoin

Finance Redefined: Ethereum exodus continues as Binance ‘helps,’ Feb 17–24. The parabolic rise of the Binance Smart Chain has been all over the news this week, aided by a few seemingly unfriendly moves by the exchange itself.It started on Friday, when Binance suddenly froze withdrawals of Ethereum-based assets for about one hour. Many interpreted it as a

Coinbase Inc on Thursday disclosed its regulatory filing to go public, setting the stage for a landmark stock market listing for the U.S. cryptocurrency exchange.Coinbase said in December that it had confidentiallyapplied with the U.S. Securities and Exchange Commission to go public. 

Coinbase has held Bitcoin on its balance sheets since 2012 United States-based cryptocurrency exchange Coinbase has revealed that Bitcoin (BTC) and other crypto assets have been a key component of its corporate treasury since the company's founding back in 2012. In a new announcement addressed to other corporate actors, the exchange presented its own experien

EURxb launches a EURO stablecoin that pays users 7% interest P.A. EURxb.finance has introduced the world's largest Euro-based stablecoin and incorporated a fixed interest generating system for token holders.EURxb protocol has announced the launch of its EURO denominated stablecoins, EURxb, as part of its ongoing plan to launch disintermediate financial solutio

Blockchain soccer gaming startup Sorare raises $50M Sorare, a major blockchain-based soccer gaming platform, has raised $50 million from high-profile investors backing major companies like Twitter, Instagram and DiscordThe fresh Series A round brings Sorare’s total funding to $60 million, the company told Cointelegraph Thursday.Coin Teleg

Indian Billionaire Says He Won’t Buy Bitcoin Rakesh Jhunjhunwala said he would never buy bitcoin.The Indian billionaire investor also wants regulators to ban BitcoinRakesh Jhunjhunwala, sometimes referred to as India’s Warren Buffett said he would never buy bitcoin. He is a popular face in India’s business landscape.The Indian billionaire investor also w

Nvidia supply shortage won’t stop $50M Q1 crypto miner sales, says CFO Nvidia’s ongoing supply problems won’t stop the company from selling $50 million worth of its new CMP chip range in the first quarter of 2021, the company’s chief financial officer Colette Kress forecasted on Feb. 24.Nvidia (NASDAQ:NVDA) failed to meet demand from its core gaming c

Tether, Bitfinex Agree to Pay $18.5M to End New York Probe Tether, Bitfinex agree to pay $18.5M to end the New York probe.The companies moved hundreds of millions of dollars to cover up the $850M loss.Bitfinex and Tether did not admit or deny wrongdoing in agreeing to settle.On Tuesday, New York Attorney General (NYAG) Letitia James says the owner of the Tethe

People who bought Bitcoin in 2017 becoming the strongest HODLers, new data shows Bitcoin (BTC) may be worth almost three times more than at the height of its 2017 bull run, but a lot of hodlers from that time refuse to sell.The latest data from Bitcoin financial services firm Unchained Capital shows that 2017 buyers control an increasingly large amount of the

What Bitcoin price levels will invalidate the short-term bearish scenario? The price of Bitcoin (BTC) is continuing to range between $48,000 and $51,000, unable to break out of the $51,600 resistance level.If Bitcoin struggles to surpass the $51,600 resistance area in the near term, technical analysts say the probability of a correction rises.BTC/USDT 4-hour p

Coinbase Says it no Longer has Headquarters Coinbase announced that it has no official headquarters.Coinbase said 95% of its employees will still have the option to choose a workplace.The most extensive crypto exchange in the US, Coinbase has announced it no longer has headquarters.The company also said 95% of its employees will still have the option to work a

Thai SEC consults public on crypto investor income rules The Securities and Exchange Commission of Thailand has launched a public consultation on proposed cryptocurrency investor qualification rules.According to an official announcement Thursday, the Thai SEC is now seeking public comments on proposed qualifications for crypto investors including certain incom

Biggest Indian Exchange Adds Decentralized Unstoppable Domains Unocoin, India’s oldest and largest crypto exchange just added Unstoppable Domains.Unstoppable Domains turns blockchains into readable URLs.The partnership will enable Unocoin to offer its users simpler decentralized services.Unocoin, India’s oldest crypto exchange just added decentralized Unst

Former MLB star sells $1M worth of NFTs in one minute Micah Johnson, a former MLB player-turned artist, sold a whopping $1 million worth of tokenized art in just one minute on the Winklevoss-owned NFT marketplace Nifty Gateway.The auction, which launched on Feb. 21 and lasted for 28 hours, generated $2 million worth of sales in total. The auction sold NFTs re

PARIS Covantis, an alliance of global agribusinesses, said on Thursday it has launched a blockchain platform that will initially cover commodities trade from Brazil. Initial users of the platform include Covantis’ founding members Archer Daniels Midland (NYSE:ADM), Bunge (NYSE:BG), Cargill, COFCO, Louis Dreyfus Company and Viterra, it said in

Reserve Bank of India Gets Ready to Launch its Own CBDC The Reserve Bank of India is getting ready to launch its own CBDC. There is no official release date for the proposed CBDC. RBI: “Cryptos are a threat to India’s financial stability.” Government authorities are not the only elements against crypto in India. The Reserve Bank of India (RBI) is about t

Andreessen Horowitz leads $25M round for Optimism's L2 scaling solution Optimism, a company providing Layer 2 scaling solutions for Ethereum, has secured backing from venture capital firm and Coinbase investor Andreessen Horowitz, or A16z.Andreessen Horowitz, which manages a portfolio worth roughly $16.6 billion, announced it is leading Optimism’s $25 milli

Bitcoin whale from 2010 moves 100 BTC for first time in 11 years A veteran miner has cracked open their 2010 stash of Bitcoin, with crypto analysts spotting 100 BTC being transferred from two wallets that had laid dormant for more than a decade.Prior to today’s transaction, the addresses had not seen any activity since receiving a 50 BTC Coinbase reward each

Meme pioneer launches NFT lolcats on OpenSea The original “I Can Has Cheezburger?” meme has become the latest symbol of popular culture to be immortalized as an NFT.The meme’s creator, Eric Nakagawa, announced his foray into a series of lolcat NFTs on Feb. 23. “Happy Cat” — the crown jewel of Nakgawa’s NFT release — is being auctioned on NFT ma

Ethereum on track to settle $1.6 trillion this quarter Ethereum usage is surging this year, with the value of transactions settled on the network skyrocketing during 2021.According to research from Messari, Ethereum has settled $926 trillion worth of transactions this quarter so far — 700% more than it processed during Q1 2020. Coin Teleg

DEX volumes have already surpassed $120b in 2021 Ethereum-powered decentralized exchanges, or DEXes, continue to surge despite high transaction fees — with DEXes processing more than $120 billion in 2021 so far.According to Ethereum market analytics platform Dune Analytics, combined DEX volumes posted a new record of $63 billion in January. February's volume

Cross-chain bridges and DeFi integration are pushing these 3 altcoins higher The cryptocurrency market is showing signs of progress following a multiday sell-off that saw the total market capitalization drop by more than $400 billion as Bitcoin's (BTC) price briefly fell below $46,000. While the majority of altcoins have entered a consolidation phase that incl