Digital Financial News
23.03 / 19:57
Blockchain
UPS
Twitter
Digital
Strategy
Persona
New Crypto Presale Love Hate Inu Raises $1.5m, Less Than 48 Hours Before Stage 2 Sells Out
Thursday March 23rd, 2023 – With less than 48 hours until the conclusion of Stage 2 of its presale, Love Hate Inu ($LHINU), the Vote-to-Earn meme coin, has successfully raised $1.5 million in funding.
23.03 / 17:11
BTC
Digital
Bitcoin
lawmaker
Top Russian Lawmaker Says Bitcoin ‘Has No Future’ – This Is What He Backs for Success Instead
A top Russian MP and the chief architect of the nation’s crypto legislation claims that Bitcoin (BTC) has “no future” – and claims that “ruble-backed coins” will prevail instead.
23.03 / 16:21
23.03 / 16:13
Blockchain
Ethereum
Provident
Digital
SEC
Bitcoin
SEC promotes self-custody and DeFi staking
Staking on centralized exchanges and staking in decentralized finance (DeFi) are two distinct methods of participating in blockchain networks and earning rewards. While both involve holding onto and “staking” assets, the way they operate and the benefits they offer are different.
23.03 / 15:49
23.03 / 15:49
Citi
Provident
Digital
XRP
CEO
Platform
Bitcoin
expansion
regulatory
Aussie Crypto Exchange Eyes Hong Kong Expansion Amid Favorable Regulatory Landscape
As the United States grapples with the challenges posed by an evolving cryptocurrency landscape, Asia emerges as a beacon of innovation and opportunity for digital asset businesses.
23.03 / 13:51
Blockchain
Citi
Digital
Bitfinex
Platform
Bitcoin
Bitfinex CTO Says El Salvador’s Bitcoin Bonds Will Launch This Summer – But There’s a Twist
The Chief Technical Officer of the Bitfinex crypto exchange has claimed that El Salvador’s long-awaited Bitcoin (BTC) bonds will launch this year “around June to September.” But the bonds, he explained, may not be bonds after all. Instead, the issuance could take the form of digital securities.
23.03 / 11:43
Blockchain
Ethereum
Lowe's
Digital
Maxim
Platform
Strategy
Polkadot (DOT) Increases Development Activity To Retain Users While Orbeon Protocol (ORBN) Presale Set To Sell Out Before Due Date
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
23.03 / 11:15
Digital
Central Bank
USDC
Silicon Valley Bank
Cryptoverse: Bitcoin passes the bank stress test
The infamously volatile cryptocurrency seems positively hale and hearty, just as a banking meltdown drives markets into the arms of a recession. Bitcoin has risen 21% this month, while a choppy S&P 500 has lost 1.4% and gold has gained 8%. «If you were going to describe an environment where there were successive bank runs because central banks are trying to fight inflation with fast rate increases, that is pretty close to as spot-on a thesis for owning bitcoin as you've ever heard,» said Stephane Ouellette, CEO at digital asset investment platform FRNT Financial.
23.03 / 03:09
Blockchain
UPS
Digital
Progressive
CEO
Platform
Nomura invests in digital asset clearing house ClearToken
The CCP will remove bilateral counterparty risk for settlement, financing and derivative transactions by centralising clearing, settlement, collateral and risk management arrangements, akin to traditional exchange traded assets. This will enable all participants in the ecosystem - investors, exchanges, brokers, market makers and custodians - to face the CCP rather than each other, thereby streamlining transactions, increasing capital efficiency and reducing risk for all participants.
23.03 / 00:33
UPS
BTC
Digital
Bitcoin [BTC] bulls undeterred by macro mayhem, new report shows
While uncertainty lingers around the Federal Reserve’s rate decisions, on-chain data revealed that optimism subsists in Bitcoin’s [BTC] market, as many expect the king coin’s price to grow further, Galaxy noted in a new report.
22.03 / 22:09
UPS
Ethereum
Provident
Waves
Digital
Platform
Waves releases update ahead of upcoming changes, here’s what to expect
The Waves [WAVES] protocol is looking to spice things up in a move that might rejuvenate the flow of liquidity within its platform. This warrants a look at what the network is cooking as part of its plans.
22.03 / 21:29
UPS
Digital
Strategy
Bitcoin
Collectibles
The IRS plans to tax some NFTs as collectibles — and the rich would pay up to 28% on profits
The IRS said it plans to tax some non-fungible tokens, or NFTs, as collectibles akin to art or gems — an approach that would tax profits for wealthy owners at a higher rate relative to assets such as stocks, real estate and cryptocurrency.
22.03 / 20:45
Blockchain
Ethereum
ETH
Digital
Aware
Platform
zkSync
Arbitrum Airdrop Boosts zkSync Growth
In recent news, Arbitrum, a layer-2 scaling solution for Ethereum, announced an airdrop of its ARB governance token, which has generated significant hype within the blockchain community. The airdrop is expected to reward eligible receivers with the token by March 23. The hype around the airdrop has helped another layer-2 scaling solution, zkSync, experience significant growth in the last week.
22.03 / 20:45
Ethereum
Kucoin
Digital
litecoin
Action
Bitcoin
services
OKX to Halt Services in Canada Due to New Regulations
OKX is a cryptocurrency exchange that was launched in China in 2017 and facilitates trading in a number of different digital assets. Bitcoin, Ethereum, and Litecoin are some of the cryptocurrencies that are included in this category. As a result of the fact that its daily trading volume is more than $2 billion, it is regarded as being one of the most significant cryptocurrency exchanges in the whole world.
22.03 / 20:45
UPS
Digital
Discover
surges
NFT Wash Trading Volume Surges to $580M Across Top Six Marketplaces
In February 2023, the top six nonfungible token (NFT) marketplaces experienced a significant surge in NFT wash trading, with a total volume of $580 million, up 126% from the previous month. The six marketplaces included in the report were Magic Eden, OpenSea, Blur, X2Y2, CryptoPunks, and LooksRare. Of these, X2Y2, Blur, and LooksRare played the largest roles in February’s volume for NFT wash trading, with $280 million (49.7%), $150 million (27.7%), and $80 million (15.1%), respectively.
22.03 / 19:23
Provident
Digital
CBDC adoption grows in Nigeria amidst cash crisis
Nigeria is witnessing an increased Central Bank Digital Currency [CBDC] adoption nearly 18 months after launching as national fiat reserves face shortage.
22.03 / 19:05
CBDC
Digital
regulation
CEO
Bitcoin
New White House Report Slams Digital Asset Industry – Regulation Incoming?
The digital asset industry has been slammed in a new report published by the White House, with many now fearing that even stricter regulations will be introduced in the US.
22.03 / 17:55
Citi
Provident
Twitter
Digital
Progressive
Fighting
Cyberpunk
Arcade fighting game Battle of Olympus to launch presale for GODLY token on Arbitrum on March 27
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
22.03 / 17:41
22.03 / 17:37
Blockchain
UPS
Provident
Digital
Aware
Strategy
Lost
$3.8 Billion in Cryptocurrency Lost to Hacks Last Year - How to Avoid Them in 2023
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
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