Category: News
Latest crypto news. Do not miss what is happening in the cryptocurrency market.
Bitfinex: Upcoming EU Parliamentary Elections Could Impact Crypto Industry
Reading time: < 1 minuteAccording to Bitfinex’s Head of Derivatives, Jag Kooner, the upcoming European Union Parliamentary Elections could shed light on how the crypto industry will be regulated in that particular market.
BlackRock Files Amended Ethereum ETF Application
Reading time: < 1 minuteBlackRock has submitted a modified S-1 form for their proposed exchange-traded fund (ETF) for Ether (ETH) to be traded in the US market.
US Treasury Releases Report on NFTs Risks
Reading time: < 1 minuteThe US Treasury Department has released its first assessment of the risks associated with non-fungible tokens (NFTs), stating that they are susceptible to fraud and scams.
Mastercard Launches its Crypto Credentials Peer-to-peer Pilot Program
Reading time: < 1 minuteMastercard has launched a pilot program called “crypto credentials,” which aims to simplify crypto transactions and reduce user errors for customers.
ENS Plans to Expand to L2 Network
Reading time: < 1 minuteENS Labs, the company behind the Ethereum Name Service, recently announced the extension of the service to second-layer protocols with their next update.
HTX’s Trading Volume Overtakes Coinbase’s
Reading time: < 1 minuteHTX, the cryptocurrency trading platform formerly known as Huobi, has outperformed Coinbase, a US-based exchange, in terms of spot trading volumes.
Crypto Miners Spent $2.7B in Electricity in US in 2024
Reading time: < 1 minuteIn the first few months of 2024, Bitcoin miners in the United States used a staggering 20,822.62 GWh of electricity, equating to a cost of $2.7 billion, according to Paul Hoffman from Best Brokers.
Argentina’s Regulator Holds Bitcoin Discussions with El Salvador’s Authorities
Reading time: < 1 minuteThe National Securities Commission (CNV) of Argentina discussed the regulation and adoption of the first cryptocurrency with officials from El Salvador’s National Commission for Digital Assets (CNAD).
Binance Affiliate Reportedly Sold Genesis Creditor Claims
Reading time: < 1 minuteIn August 2023, Gopax, a major South Korean cryptocurrency exchange and part-owned by Binance, sold its users’ deposit claims for half of their original value.
Number of Crypto Funds is Increasing: Bloomberg
Reading time: < 1 minuteFrom January to March, there was an influx of 25 new cryptocurrency-focused venture capital and hedge funds, the highest number since Q2 2021.
