Bitcoin Testing, Twitter Bitcoining, Kids Winning and 20 Crypto Jokes

Let's take a look back at this crypto week. Bitcoin was testing USD 50K once again, and an unusually large number of bitcoin calls to puts across options exchanges hinted at increased bullishness on BTC, while Twitter started beta testing a Bitcoin Lightning Network tipping service. Coinbase vowed to win back the “trust” of the customers it spooked with a blunder that saw it send “roughly 125,000” people “erroneous notifications” about changes to the security settings, and FTX.US agreed to a...
Bitcoin Testing, Twitter Bitcoining, Kids Winning and 20 Crypto Jokes

Japan’s SBI to Merge Its Crypto Exchanges a Year After Rival Takeover

The Japanese financial giant SBI is set to merge its crypto exchanges, TaoTao and SBI VC Trade – a move that will create a new Asian heavyweight exchange that could challenge market leaders like bitFlyer. SBI, traditionally, has focused on its banking and securities business arms. But in recent years, it has embraced crypto with almost unparalleled fervor. Its CEO is a Ripple board member and the company co-runs the SBI Ripple Asia payments project. The firm has also set up several international...
Japan’s SBI to Merge Its Crypto Exchanges a Year After Rival Takeover

Million Token Announces The Forming of The Million Token Foundation

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Million Token today announced the forming of the Million Token Foundation. This milestone is a major move for the Million Token Community on its mission to establish itself as a long-term store-of-value social token. Social Tokens will disrupt industries The CEO of RealVision and former Goldman Sachs executive Raoul Pal went on TheDefiant podcast in July 2021 discussing this emerging sector in cryptocurrency. H...
Million Token Announces The Forming of The Million Token Foundation

12-year-old NFT Whizz Rakes in USD 400K in Ethereum – and Wants to HODL it

People say that crypto is complicated. But it’s actually child’s play – literally. Whether it’s nine-year-olds mining ravencoin (RVN) using their brothers’ gaming consoles, or teenage Bitcoin (BTC) miners raking in USD 54,000 a month, the next generation is embracing crypto with unparalleled gusto. The latest young prodigy to join the ranks of notable child crypto movers is a British 12-year-old who took up coding aged five – and has since gone on to make USD 400,000 in ethereum (ETH) from makin...
12-year-old NFT Whizz Rakes in USD 400K in Ethereum – and Wants to HODL it

Bitcoin Again Looking Bullish as Price Tests USD 50K

The price of the number one cryptocurrency bitcoin (BTC) once again traded above the key USD 50,000 level today, as technical analysts say the price is in “an interesting spot,” and on-chain metrics appear strong. At the time of writing (11:08 UTC), bitcoin was up by 5% for the past 24 hours. The coin traded at USD 50,007, after having been both above and below the key USD 50,000 level several times during the day. Today’s push higher made it the second time bitcoin has traded above USD 50,000 ...
Bitcoin Again Looking Bullish as Price Tests USD 50K

SEC Hits BitConnect Founders, Promoters with Fresh Fraud Wrap

The US Securities and Exchange Commission (SEC) has dredged up the ghost of the discredited crypto scam BitConnect, and will look to prosecute its alleged masterminds for selling fraudulent and unregistered securities – amounting to a total of USD 2bn. The SEC issued a notice explaining that it had “filed an action against BitConnect, an online crypto lending platform, its founder Satish Kumbhani, and its top US promoter [Glen Arcaro] and his affiliated company” Future Money. The scam promised r...
SEC Hits BitConnect Founders, Promoters with Fresh Fraud Wrap

Unapproved Bitcoin Mining Plant Forced to Close Shop

Noise complaints from residents of an affluent estate community in the Canadian province of Alberta lead to a months-long investigation which discovered a Bitcoin (BTC) mining operation that had been set up without approval - and now has to shut down. Vancouver-based Link Global is the name of the company that established the operation, CBC reported. It has been ordered by Alberta's utility commission to shut down two plants until it presents evidence that they are allowed to operate, that i...
Unapproved Bitcoin Mining Plant Forced to Close Shop

Twitter Beta Testing Bitcoin Lightning Network Tipping + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __ Adoption news Social media giant Twitter is now beta testing a Bitcoin (BTC) Lightning Network tipping service, according to multiple reports. Bitcoin is not yet available to select as a tip option for beta users, but code in the beta suggests that Twitter is in the process of rolling it out, per MacRumors. Developer Alessandro Paluzzi shared ...
Twitter Beta Testing Bitcoin Lightning Network Tipping + More News

9- and 14-year-old Bitcoin, ETH, RVN Miners ‘Make USD 30,000 a Month’

As children around the world return to school, one nine-year-old elementary schooler will have an interesting answer to the tired old question: What did you do over the summer break? Instead of tales of swimming pools and bike rides, she will instead recount how she spent the time building ethereum (ETH) mining rigs in her garage with her brother. The nine-year-old in question is Aanya Raj. Along with her older sibling Ishaan (14), she has spent several months “scaling up” ETH mining efforts at ...
9- and 14-year-old Bitcoin, ETH, RVN Miners ‘Make USD 30,000 a Month’

FIBA and Bitci Technology: Fan token and NFT Collaboration

Disclaimer: The text below is a press release that was not written by Cryptonews.com. The International Basketball Federation (FIBA) and Bitci Technology are starting the blockchain revolution in international basketball. Fan tokens, which will be developed within the scope of the cooperation covering the 2021-2023 period, will be available for sale in the coming months. Bitci Technology, one of the world's leading blockchain companies and the International Basketball Federation (FIBA), are ...
FIBA and Bitci Technology: Fan token and NFT Collaboration

Coin Race: Top Winners/Losers of August; DeFi Leads, Bitcoin Lags

August ended up as another great month for crypto investors, with nearly all of the top 100 coins by market capitalization in the green. The gains in August came despite the fact that bitcoin (BTC) and many altcoins had already seen a significant rally during the last ten days of July, pushing bitcoin from below USD 30,000 to well over USD 40,000. Over the course of August, however, market participants have increasingly turned their focus away from BTC and over to the world of decentralized fin...
Coin Race: Top Winners/Losers of August; DeFi Leads, Bitcoin Lags

Crypto Listing and Delisting Announcements: Week 35

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. __ AscendEX Listings: SifChain (ROWAN) Bibox Listings: Tranchess (CHESS) EDEN (EDEN) CryptoZoon (ZOON) People’s Punk (DDDD) Jade Currency (JADE) Depth Token (DEP) FREE Coin (FREE) BigONE Listings: ProteoDefi (PROD) Bilaxy Listings: Um...
Crypto Listing and Delisting Announcements: Week 35

Bitcoin, Crypto Represent Hope and Despair Amid Afghanistan Carnage

As the bloodbath in Afghanistan continues almost unabated following the fall of Kabul, crypto advocates both inside the country and out are beginning to wonder if tokens like bitcoin (BTC) could help them fight back against the violent and oppressive rule of the Taliban. The world has looked on in horror in the past few weeks as events unfold with brutal alacrity. But in among the tales of human tragedy and woe are glimmers of hope that decentralized, digital tokens could become a tool for those...
Bitcoin, Crypto Represent Hope and Despair Amid Afghanistan Carnage

Russian Miner Has His Video Cards Stolen – By Balcony-Scaling Neighbor

A Russian miner was robbed of his video cards by his next-door neighbor – who police say climbed over the man’s balcony to steal his hardware. According to the Kursk branch of the Office of the Ministry of Internal Affairs and the local media outlet Kurskie Izvestia, the flat belongs to a Kursk resident who had moved out of the property after converting it into a crypto mining “farm.” But the miner guessed something was wrong when he noticed that the equipment had ceased to generate any income f...
Russian Miner Has His Video Cards Stolen – By Balcony-Scaling Neighbor

Digital Rupee Trial, No Tech to Implement Crypto Travel Rule + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. CBDC news The Reserve Bank of India (RBI) could commence preliminary central bank digital currency (CBDC) trials before the end of the year, the bank’s governor Shaktikanta Das told CNBC. He has added that the central bank was “being extremely careful” in its handling of a potential digital rupee even as its counterparts around the world are expl...
Digital Rupee Trial, No Tech to Implement Crypto Travel Rule + More News

Ethereum is Experiencing an Unintended Chain Split

It seems like a bug in older versions of Ethereum (ETH) Geth client, namely versions v1.10.07 and earlier, has caused a split. "Fork between latest geth and older geth on mainnet. Stay away from doing txs for awhile till confirmed, unless you are sure you are submitting to latest geth," tweeted Yearn Finance Founder Andre Cronje, advising: "Go for a walk outside, we all need it." Per ethernodes.org, Geth is the most popular Ethereum client that accounts for 74.63% of the network nodes. Out of th...
Ethereum is Experiencing an Unintended Chain Split

AVAX Up, SUSHI Down: This Week’s 5 Best and Worst Performers

After another eventful week in the crypto markets, during which we've seen major rallies as well as major drops, it’s time for a summary of what went well, and what went less well in terms of price performance. Rankings and prices are current as of press time (09:37 UTC) on Friday. Best performers this week 1. SafeMoon Securing the spot as the number one performer this week was the relatively newly created meme coin SafeMoon, built as a BEP-20 token on the Binance Smart Chain (BSC). The tok...
AVAX Up, SUSHI Down: This Week’s 5 Best and Worst Performers

Spanish Crypto Exchanges to Discover Their Fate by October

The Spanish central bank will roll out its new registration process for crypto exchanges operating in the nation by October. Exchanges have been in limbo since April this year, when parliament passed a new law aimed at tackling the spread of money laundering and terrorist financing. The law states that the central Bank of Spain must create a central registry for crypto exchanges operating in Spain, and issue operating permits. A similar system already exists in nations such as Japan and Singapor...
Spanish Crypto Exchanges to Discover Their Fate by October

Avalanche Drops After Rally, Today’s Weakest Performer in Top 100

The Avalanche network’s native token AVAX dropped sharply in a mostly red crypto market today, following a surge earlier this week fuelled by news that a liquidity mining incentive program has brought major integrations to the platform. At 09:59 UTC, AVAX was down by 14.4% over the past 24 hours, positioning it as the worst performer among the top 100 cryptoassets by market capitalization. The token trades at USD 43.09, after having reached as high as USD 59 on Tuesday this week, bringing it wi...
Avalanche Drops After Rally, Today’s Weakest Performer in Top 100
More ↗
RSS Coupons Search