Blockchain Financial News
03.06 / 15:17
Blockchain
Digital
Cryptocurrency ecosystem reconceptualizes how money is being transferred, spent, invested
Despite Bitcoin's (BTC) ups and downs, the asset has continued to outperform all other assets. Money aside, cryptocurrency's underlying technology, the blockchain, has also proven to transform the world of tomorrow with new ways to guarantee asset authenticity, exchange funds and encourage financial inclusion. Unfortunately, looking at the individual parts, including the technology, exchanges and NFTs, few see the total value of the ecosystem.
03.06 / 15:03
Blockchain
New York State
Bitcoin
New York AG warns against crypto investments amid state push to ban mining
As New York pursues efforts to ban proof-of-work (PoW) crypto mining, the attorney general reminded investors of the risks associated with investing in crypto.
03.06 / 11:13
Blockchain
Ethereum
defi
Support
Vitalik shows support for Optimism’s governance structure and OP gas proposal
Ethereum co-founder Vitalik Buterin has shown support for Optimism’s new governance structure, noting that proposals such as using the OP token for gas fees shows “explicit representation of non-token-holder interests.”
03.06 / 08:31
Blockchain
Mining
Power
Kenyan energy company entices Bitcoin miners with geothermal power
Kenyan energy company KenGen has put out a call to Bitcoin miners to move nearby and buy its excess renewable power capacity.
02.06 / 17:13
Blockchain
Ethereum
cryptocurrency
Bitcoin
Bitcoin drops 6.9% to below $30,000
cryptocurrency, dropped 6.9% to $29,555.35 at 22:03 GMT on Wednesday, losing $2,262.81 from its previous closing price. It was down 38.9% from the year's high of $48,234 on March 28. Ether, the coin linked to the ethereum blockchain network, dropped 7.52% to $1,794.68, losing $145.87 from its previous close.
02.06 / 16:41
Blockchain
cryptocurrency
CRYPTONEWS
Sharknado Co-Creator and Snowpiercer Producer Launch New Token $FLIX to Revolutionize Indie Film
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
02.06 / 16:21
business
Blockchain
Health
Bitcoin
Mental health and crypto: How does volatility effect well-being?
The crypto world is well known for its volatility. Especially in the early days, digital assets experienced wild price swings, gaining or losing double-digits in the course of a day. It appears that the current bear market is no exception to this trend.
02.06 / 16:21
business
Blockchain
coinbase
Coinbase chief legal officer responds to SEC disclosure FUD
As fears surrounding the Coinbase exchange run wild, Paul Grewal, the chief legal officer of Coinbase, assured customers that their funds are safe within the exchange.
02.06 / 13:51
Blockchain
COST
Waters
FLOW still stuck in still waters but here’s why that might change soon
FLOW enjoyed relative rest for the second half of May after flowing downward in the last few months. It was unable to exit its tight range despite the increased volatility towards the end of May. However, something recently happened which may soon be favorable to FLOW’s price action.
02.06 / 12:49
Blockchain
Provident
USDT
Zetrix Announces Launch of NFT-based Insurance Product Covinsure
Public blockchain network Zetrix announced the launch of Covinsure, a non-fungible token (NFT)-based insurance product.
02.06 / 12:49
Blockchain
Provident
Platform
Cathay
Local Hong Kong Firms Raise Funds for NGOs Through NFTs
Three local Hong Kong companies are raising funds for non-governmental organisations (NGOs) through non-fungible tokens (NFTs) to support green initiatives and sustainability.
02.06 / 11:17
Blockchain
MARKET
Altcoins
solana
Solana Suffers 5th Outage in 2022, SOL Dives
The Solana (SOL) blockchain suffered its 5th outage of 2022 on Wednesday after the production of new blocks on the network ceased due to a consensus failure.
02.06 / 08:35
business
Blockchain
Adoption
Netscape creator says Web3 really is like the rise of the early internet
Billionaire tech entrepreneur turned venture capitalist, Marc Andreessen says that Web3 and its underlying blockchain technology reminds him of the rise of the early internet.
02.06 / 06:27
business
Blockchain
Ethereum
layer2
Optimism token falls 40% prompting calls to bar dumpers from airdrops
Optimism’s freshly launched governance token OP has plunged 40% since peaking at $2.10, leading members of the community to discuss baring those who dumped their tokens from future airdrops.
02.06 / 04:47
Blockchain
BLOCK
solana
network
Reliably unreliable: Solana price dives after latest network outage
The Solana network is not having a good year, having suffered full or partial outages at least seven separate times over the past 12 months.
02.06 / 01:37
Blockchain
UPS
Ethereum
Oracle
Chainlink is ‘in a good space,’ but what must investors know?
Chainlink celebrates its third birthday on the Ethereum mainnet this week. And, it’s safe to say that the blockchain certainly has a lot to its credit.
01.06 / 21:01
Blockchain
cryptocurrency
BTC
Bitcoin
network
Bitcoin Network
Smart Contract Functionality: A Boon For The Bitcoin Network
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
01.06 / 18:13
business
Blockchain
Adoption
Bitcoin
Anonymous culture in crypto may be losing its relevance
Crypto has inherited many values that were popularized in the early days of the internet.
01.06 / 17:31
Blockchain
coinbase
Kraken
Bitcoin
Kraken CEO defends listing LUNA 2.0: ‘Bitcoin traders don't pay the bills’
The crypto winter has emotions running high. Kraken CEO Jesse Powell came under fire for his defense of listing the new LUNA, also known as LUNA 2.0, which seeks to bring the original LUNA — now known as Luna Classic (LUNC) — and TerraUSD — now known as TerraUSD Classic (USTC) — back from the dead.
01.06 / 17:17
Blockchain
cryptocurrency
Binance
cryptocurrency news
500
Binance Venture Capital Arm Raises $500 Million For Blockchain Investment
Binance's venture capital arm has raised funds for investment in blockchain and Web3
01.06 / 16:55
Blockchain
Binance
CEO
Discover
500
Binance launches $500 million Web3 venture fund
Changpeng Zhao, founder and CEO of Binance, says: “In a Web3 environment, the connection between values, people, and economies is essential, and if these three elements come together to build an ecosystem, that will accelerate the mass adoption of the blockchain technology and crypto. The goal of the newly closed investment fund is to discover and support projects and founders with the potential to build and to lead Web3 across DeFi, NFTs, gaming, Metaverse, social, and more.”Since 2018, Binance Labs has invested in and incubated more than 100 projects from over 25 countries.
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