<p>If you follow cryptocurrencies, you will have noticed the term web3 coming to prominence. Sometimes web3 is simply applied as a convenient synonym for cryptocurrency and works as a kind of rebranding. If crypto doesn’t hold the nuance your project is hoping to carry, then switch to web3 […]

After beginning the week on a positive note, Bitcoin (BTC) has again corrected below the crucial $20,000 level as bears... Continue reading The post Bulls and bears set the stage for Bitcoin’s sideways choppy trading appeared first on Finbold.

Bitcoin is retracing after a rejection north of critical resistance at around $20,000 and might be gearing up for a fresh leg down into its final support level. The crypto was seeing some profits earlier this week, but any bullish momentum has been wiped out by macroeconomic forces. Related […]

QOM price continues with strong momentum after a breakout with double-digit gains for holders.  QOM trades just above key resistance as price ranges above 8 and 20-day EMA. The price of QOM struggles to flip key resistance into support.  Shiba Predator (QOM), a recently loved memecoin on the […]

Following the theft by hackers of over $100 million worth of BNB Smart Chain (BSC) token on October 6, the... Continue reading The post Binance CEO says BNB community is ‘extremely strong’ as token dips less than 5% after hack appeared first on Finbold.

Want to sue a crypto project that ripped you off? That will be $1 million, thank you. Luckily, there are options for those who face the daunting prospect of spending a small yachts worth of money in lawyer fees for their chance at crypto justice.In practice, the majority of victims of international […]

The crypto community is upset about a recent discovery stemming from the Celsius bankruptcy case as a court filing has revealed over 14,000 pages of the usernames and trading histories of the company’s customers. While the file does not disclose personal information tied to the user’s finance […]

India’s Reserve Bank outlined the pros and cons of a digital rupee as it looks to raise awareness around its CBDC project. The Reserve Bank of India (RBI) has outlined the proposed features and reasoning behind its in-development central bank digital currency (CBDC) in a […]

The popularity of decentralized finance played an integral role in the launch of MetaMask Institutional as companies looked to safely enter the space. MetaMask is arguably one of the most well-known self-custodial Ethereum software wallets in the cryptocurrency ecosystem, with […]

The extended crypto winter appears not to have deterred investors and developers of new digital assets as they continue to... Continue reading The post Five new coins control almost $50 billion in market cap within days appeared first on Finbold.

Following several months of headwinds for the crypto space, the crypto market trended lower in September. ETH fell significantly more than BTC as Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. ETH sold off sharply post-Merge in classic “buy the rumor, […]

Bitcoin decoupled with the stock market and saw its correlation with gold rise to a level not seen since last year. Bitcoin (BTC) and gold are no longer investors’ primary choices as inflation hedges amid the strengthening United States dollar. The current turmoil in financial […]

Before suspending withdrawals for their clients and filing for insolvency, the executives of the cryptocurrency lending platform Celsius Network Ltd.... Continue reading The post Ex-Celsius CEO’s wife cashed out $2 million in crypto before bankruptcy, documents reveal appeared first on Finbold.

Bitcoin was trading below $20,000 on Friday, as markets prepared for the release of the latest U.S. nonfarm payrolls report. The token moved lower for the third consecutive session, as bearish sentiment returned to markets. Ethereum continued to consolidate ahead of this afternoon’s release. […]

Advanced Micro Devices (NASDAQ: AMD) reported their preliminary Q3 2022 results on October 6 after the market close. Revenue came... Continue reading The post AMD drops over 5% in premarket after Q3 sales miss estimates appeared first on Finbold.

The FTX token surged over 7% on the news that Sam Bankman-Fried’s company, FTX, would roll out a debit card in partnership with payments giant Visa. Spending cryptocurrency may become a lot easier. FTX, one of the world’s largest crypto exchanges, has partnered with […]

Simone Binotto Torre explained that some parameters like geography can make it difficult for crypto cards to have broader adoption. At the Blockchain Economy Dubai Summit 2022, Cointelegraph spoke with Codego CEO Simone Binotto Torre about crypto cards. During the conversation, […]

Amid the ongoing crypto bear market, VISA (NYSE: V) is taking a risk by betting that cryptocurrency investors will continue... Continue reading The post Visa partners with FTX to offer crypto-backed debit cards in 40 countries appeared first on Finbold.

Real estate prices in Europe have continued their steady upward momentum, along with a slower pace of upward movement by... Continue reading The post EU rent and real estate prices see steady increase in Q2 2022 despite looming crisis appeared first on Finbold.

An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex Ukrainian territories. EU Council Adopts Full […]

Despite high expectations after the major upgrade to the Ethereum (ETH) network which officially marked its transition from the Proof-of-Work... Continue reading The post Ethereum’s social activity dwindles following Merge as interest in Bitcoin gathers pace appeared first on Finbold.

<p> Finalto has today announced the addition of cryptocurrencies denominated in Japanese Yen to its offering.</p><p>Having entered the Asian market in 2019, Finalto has continually expanded its offering in a highly active local market.</p><p> The cryptocurrencies […]

In this guide, we share all you need to know about Lens Protocol, a decentralized social graph that simplifies building Web3 social platforms. The innovation and, as a result, the booming popularity of social media started at the beginning of the century with the concept of the […]

The Cardano (ADA) network hit the milestone of 3,000 smart contracts at the beginning of August, and since then, the... Continue reading The post Cardano adds 100 smart contracts in 2 weeks since Vasil hard fork upgrade appeared first on Finbold.

The ongoing broader market volatility has left investors grappling to identify the right assets to invest in even as the... Continue reading The post R. Kiyosaki says ‘fake cash, stocks and bonds are toast’, recommends to buy Bitcoin appeared first on Finbold.

What does Binance Chain being temporarily suspended mean for you and what comes next? Read on to find out. Transactions on the BNB chain, also known as Binance Smart Chain (BSC), have been temporarily suspended today. This was after researchers and network participants noticed unusual activity […]

As the blockchain and cryptocurrency industry grows, it increasingly becomes the target of larger and bolder attacks shaking the community,... Continue reading The post BNB Chain resumes operations after $100-million hack – here’s what happened appeared first on Finbold.

Russian media and communications regulator, Roskomnadzor, has restricted access to the website of a major cryptocurrency exchange, Okx. The trading platform was one of those that did not restrict access for Russians amid sanctions that affected the industry’s business in Russia. Okx Blacklisted […]

After a brief network suspension as the result of a cross-chain hack, the activity on the BNB Chain is back online. BNB Chain, the native blockchain behind the Binance crypto exchange, is up and running as of Oct. 7 according to an update from the network. Activity on the […]

Traders look for volatility triggers as BTC price action continues within an all-too-familiar trading range. Bitcoin (BTC) saw rejection at a key area of whale resistance into Oct. 7 as its strict trading range continued. BTC/USD 1-hour candle chart (Bitstamp). Source: […]

This DeFi token, which only ranks 138th among cryptocurrencies according to total market capitalization, is starting to make some real loud noise in the crypto space this ‘Uptober.’ Even though the market continues to struggle to recover from its dismal September performance, SUSHI – the […]

Recruitment firm executive Clayton Pullum said that companies have become more strategic when it comes to hiring during the crypto winter. With crypto companies like Coinbase announcing layoffs earlier this year, it seemed like there were little to no opportunities within the […]

Cryptocurrency scam sites are being targeted by other scammers to hijack their traffic and their possible earnings. A recently detected threat actor, named Water Labbu, is manipulating the users that are drawn to these sites as a source of revenue, injecting a malicious script as a tool for […]

In the past two days, Bitcoin triumphantly hit the critical level of $20K. This sudden push from the primary crypto asset was after hovering between $18K and $24K regions for some months. But following the effects of some macroeconomic factors, the price of BTC was rounding the $19K region. This […]

Investors, who are keeping a close eye on Bitcoin Cash and want to avoid losses, should steer clear of these crucial price points. As of this writing, Bitcoin is still showing a little bit of bullishness, despite losing a few digits from its price. BTC retreated below the $20K mark, and now trades […]

The data of thousands of Celsius customers revealed in court also included its executives showing millions withdrawn from the platform in the weeks before it was suspended to the public. Publicly available court documents related to Celsius’ bankruptcy proceedings have […]

Cardano founder Charles Hoskinson has repurposed the Ethereum Classic Twitter account to now benefit the Ergo Platform. Followers of the Ethereum Classic Twitter account may have found themselves the unintended fans of an entirely new crypto project after Cardano founder Charles […]

eToro stated that MANA and SHIB saw the biggest surge in hodlers in Q3 2022, posting increases of 437% and 269% apiece compared to Q3 2021. Increasing interest in the Metaverse has been seen as a reason for Decentraland (MANA) and memecoin Shiba Inu's (SHIB) outpaced growth on […]

A filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known as the Fidelity Ethereum Index Fund on October 4, 2022. While the new fund is not an exchange-traded fund it is said to be structured as a “traditional limited […]

PRESS RELEASE. In light of the strengthened supervision of the cryptocurrency sector by Lithuania, Gofaizen & Sherle, an international legal and management consulting firm based in Europe, has taken the initiative to assist businesses in navigating these new regulations. According to Lithuanian […]

Hedera shows lots of potential, despite some major hiccups lately. Investors will be better equipped if they examine some key data before acquiring HBAR. Here’s a quick look at some important numbers: HBAR currently trades at $0.05798 Trading volume currently at $36.2 million Hedera circulating […]

Lido has around 40% of all the staked ETH on the Beacon Chain. One of the biggest Merge staking providers, Lido Finance, has launched on two layer-2 networks, Arbitrum and Optimism, a move it says further improves accessibility to Ethereum staking while reducing gas fees.The […]

The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 million, according to a U.S.Securities and Exchange Commission (SEC) filing published Wednesday. According to the prospectus disclosing information, the New York-based Greenidge conducted a sales agreement with the […]

There are “15 different regulators” and “basically no clarity” when it comes to cryptocurrency regulation in the United States, according to Diogo Mónica. Anchorage Digital co-founder and president Diogo Mónica has called for regulatory clarity in the United States, […]

Marathon has outlined that at this stage its operations hosted by Compute North will continue to operate as usual, and highlighted an improved BTC mining production in Q3. Bitcoin (BTC) miner Marathon Digital Holdings has revealed $81.3 million worth of exposure to recently […]

Binance’s signature Binance Smart Chain is the latest to suffer from an exploit, and the chain is “temporarily paused,” according to the official BNB Chain Twitter account and Binance’s CZ. Early hours following the hack look to show 2M BNB, or over $500M at time of publishing, through the […]

On Thursday, 6:19 p.m. (ET), the official Twitter account for the Bnb Smart Chain explained that the team was temporarily pausing the blockchain, after citing that it noticed irregular activity. Sources say that more than $600 million in Bnb tokens were reportedly stolen from the chain’s […]

$500 million of the funds currently collateralizing the Dai stablecoin will be reallocated to U.S. Treasurys and corporate bonds in an effort to provide the protocol low-risk additional yield. MakerDAO, the governing body of the Maker Protocol, has taken the first step of its […]

Cardano has suffered a significant drop in its total staked volume since its March 2022 peak. The proof-of-stake blockchain has lost over 76% of its total value locked in the past eight months. The decline is alarming, given the decentralized crypto project’s recent Vasil hardfork.  The Cardano […]

Members of the European Parliament have called for “effective taxation” of crypto assets and “better use of blockchain” to counteract tax evasion. A resolution aiming to achieve both objectives has been approved by a large majority which also wants small crypto traders to enjoy a simpler […]

Polygon (MATIC), the Ethereum L2 project, has seen a massive increase in its price over the past seven days. The project has enjoyed much attention from the bulls, gaining over 14% in just one week. Polygon, currently ranking 11th based on market cap, has had a busy week. The PolygonDAO has been […]

Colorado is now accepting crypto for tax payments — but if you choose to use that option, it could change the amount you owe. Colorado is accepting crypto as payment for any taxes owed to the state as of Sept. 1. It was the result of a promise made earlier in the year by […]

The daily bitcoin trading volumes come out into billions of dollars every day, with hundreds of thousands of daily transactions being carried out. It is one of the reasons why bitcoin draws the most investors, given such high trading volume and good depth across all exchanges. However, some […]

Rumors of a significant exploit on the BNB Chain were confirmed by the blockchain’s team, with all deposits and withdrawals suspended on the network. BNB Chain, the blockchain of crypto exchange Binance, was paused on Oct. 6 due to an exploit on its cross-chain bridge, with […]

Ontario Securities Commission CEO Grant Vingoe said the regulator planned to release a report in October which included crypto adoption rates in Canada. Grant Vingoe, CEO of the Ontario Securities Commission, reiterated the regulator’s technology-neutral stance on crypto while […]

Rome wasn’t built in a day, and it will also take some time for every country on Earth to adopt BTC. Bitcoin (BTC) adoption by governments and companies remains a dubious question, and the “digital gold” thesis proposed by advocates faced harsh critics after Tesla sold […]

“The seamless payments infrastructure and user experience derived from Web2 will be the backbone of Web3’s success,” said Max Rothman. The real economic utility of Web3 — a broad term that refers to some future iteration of the internet — can only be realized by […]

<p>The 5 P's of Marketing – Product, Price, Promotion, Place and People – are key marketing elements used to position a business strategically. Most of us, whilst still understanding <a href="https://www.financemagnates.com/cryptocurrency/what-makes-an-nft-valuable/" […]

Participants can explore the RV Odyssey — one of the most advanced ocean research vessels around the globe — via the Metaverse. Decentralized Ethereum scaling platform, Polygon, has announced a partnership with the Ocean Conservation Exploration and Education Foundation […]

<p>The European Union has announced its eighth sanction package against Russia including a complete ban on Russia-originated payments to crypto wallets in Europe.</p><p>In April, the political bloc had pegged <a […]

In his decision to dismiss the warrant, the judge reportedly considered that Yoo Mo had a residence and family ties in South Korea and was already barred from leaving the country. The warrant for Yoo Mo, the head of the business team of Terraform Labs, has reportedly been […]

Grayscale plans to buy mining equipment at discounted prices and offer co-investment opportunities to accredited investors. Grayscale Investments announced on Oct. 6 the formation of Grayscale Digital Infrastructure Opportunities LLC ("GDIO"), a co-investment opportunity […]

An analyst at the Bank of Canada has written a paper that identifies recurring patterns in CBDC models and how those patterns impact a list of performance criteria. Five patterns that recur in retail central bank digital currency (CBDC) designs were identified in a new Bank of […]

An estimated $148.7 billion worth of stablecoins are still in circulation. According to the latest data from DefiLlama, the overall circulation of stablecoins has decreased by approximately $38 billion since early May. There are still $148.7 billion left in circulation, with […]

Analysts forecast a market size of $81.5 billion for Web3 by 2030, but the growth comes with obstacles along the way. By 2030, Web3 is expected to reach a market size of $81.5 billion, according to Emergen Research, but the industry still has challenges to overcome, including […]

The Ether futures premium remains negative, while options markets are pricing similar risks for bulls and bears. Traders’ sentiment about Ether (ETH) has noticeably improved as the price rallied 7.5% from Oct. 2 to 6, but the price recapturing the $1,350 level was not […]

October has historically been a green month for Bitcoin, but will this trend continue, keeping in mind the current macro market conditions? Join us as we discuss this and more with our host, Joe Hall, and Rekt Capital, a crypto trader and analyst. In this week’s episode of […]

<p>Is it true, as naysayers and skeptics proclaim, that crypto serves no purpose, that we’d be better off without it, and that it’s all going to zero anyway?</p><p> The last of those points, that it will eventually lose all value, is reliant on the first point: that it has no […]

Hot on the heels of August, September 2022 also trended negatively for cryptoassets overall. Based on market capitalization, all sectors saw negative returns for the month, ranging from -14% to -1%. Following the overall crypto market trend, NFT market activity also slowed in August. Average… The […]

A multiple time frame technical Study

If you want to venture into the world of decentralized finance (DeFi) and don't know which exchange to pick - you've come to the right place! This article will explain everything about Uniswap - from what it is and what made it popular, to how it works and if it's safe. Let's get into it! […]

As a cryptocurrency trader, you were undoubtedly faced with the dilemma of choosing an exchange to suit your investment needs among a staggering number of trading platforms in the cryptocurrency market. CoinStats regularly reviews leading platforms like Binance, Coinbase, or Kraken, relatively […]

If you’ve been in the crypto space for the past two years then you’ve probably heard of meme coins like Dogecoin or the Shiba Inu coin.  These dog-themed cryptocurrencies have brought some eye-watering returns for investors. Especially the Shiba Inu Coin (SHIB), which grew an astonishing […]

Welcome to our seventh Substack Blog that focuses on construction costs. Engineering News Record (ENR) history that can be traced back to 1874. The publication has its roots in two separate publications, Engineer & Surveyor and The Plumber and Sanitary Engineer. The first issue of Engineering […]

The 1inch exchange is a non-custodial decentralized exchange (DEX) aggregator and liquidity provider that displays the prices and liquidity available on multiple exchanges helping crypto investors discover the best rates and lowest fees for their trades. The system accommodates the investors' needs […]

<p class="MsoNormal">The cryptocurrency derivatives exchange, BitMEX, has received regulatory approval and registration from Italy’s Organismo Agenti e Mediatori (OAM) to operate as a virtual currencies and digital wallet services provider in the country.</p><p […]

We're excited to launch DeFi Literacy Month of October on CoinStats, a whole month jam-packed with a variety of events, partnership lectures, articles, and other forms of exclusive content from industry experts. Choosing the DeFi content spree on CoinStats Rewards, you'll unlock access to insider's […]

Week #406

<p>YouHodler, a Swiss brand that provides crypto-backed loans, has signed a two-season crypto partnership deal with the Italian football club, Torino.</p><p>The deal, which is Torino’s first with a cryptocurrency-based company, comes two months after YouHodler was approved and […]

Numerous decentralized finance (DeFi) protocols were born to remove financial borders and create more opportunities for retail users like you and me. One such protocol is Lido finance, which aims to remove the considerable financial entry barriers for Ethereum staking (as becoming a validator […]

<p>Binance, the world’s largest cryptocurrency exchange by market capitalization, has launched a subsidiary in New Zealand.</p><p> On Thursday, the exchange announced that it has successfully registered as a Financial Service Provider with the New Zealand Ministry of Business, […]

<p>“Relax,” said the night man.</p><p>“We are programmed to receive. You can check out any time you like, but you can never leave.”</p><p>Those world-famous lyrics are from the Eagles classic, Hotel California, which describes an apparently inviting hotel whose […]

<p>Are NFTs experiencing a slow death, and if so, would anybody mourn them? Not everyone is a fan of non-fungible tokens, and the mere mention of the subject can elicit a dismissive or even hostile reaction online.</p><p> However, in the anonymous, social media arena, it’s […]

We’re thrilled to announce that Kraken now supports Coin98 (C98), Galxe (GAL), Rocket Pool (RPL), Stargate Finance (STG) and Synapse (SYN)! Funding and Trading Funding is live, and trading will begin on September 29 at approximately 14:30 UTC. Keep an eye on the status page… The post Trading […]

<p>Crypto.com has become the latest cryptocurrency platform to gain <a href="https://www.financemagnates.com/cryptocurrency/the-french-binance-license-is-paris-planning-to-become-europes-crypto-hub/" target="_blank">approval in France</a>. Announced on Wednesday, the platform has […]

We're thrilled to announce the launch of DeFi tracking on CoinStats. This groundbreaking feature makes CoinStats the only app where users can track all their holdings, DeFi, CeFi, and NFTs. Different worlds of crypto thus collide on CoinStats, making tracking that much easier.  DeFi tracking […]

<p class="MsoNormal">Oracle Corporation, a Texas-headquartered American software and technology company, has agreed to pay more than $23 million to settle bribery charges against its subsidiaries in Turkey, the United Arab Emirates (UAE) and India. </p><p class="MsoNormal">The US […]

“Cryptocurrency remains an important humanitarian tool, especially at a time when many around the world can no longer rely on traditional banks and custodians.” – Jesse Powell, Kraken Co-founder and CEO On March 9, 2022, we announced an ambitious aid package as Kraken distributed $1,000… […]

<p class="MsoNormal">Binance, the world’s largest cryptocurrency exchange, has relaunched crypto futures in South Africa, which is one of Africa’s largest economies.</p><p class="MsoNormal">The exchange <a […]

The success of dog-themed meme coins like Dogecoin and Shiba Inu coin eventually spawned the massive litter of many pet coins. Saitama Inu (SAITAMA) is a recently launched meme coin inspired by a myth about "ghost dogs," guardians against misfortune in the Saitama mountains, Japan. Saitama Inu […]

<p>Ethereum is the talk of the entire crypto market at the moment. The asset has managed to break one milestone after another this year alone, and while the market remains in a downturn, it will undoubtedly be one of the assets to look forward to when things flip bullishly once […]

<p>FTX US, the United States affiliate of the global crypto exchange, won the bid to purchase the digital assets of the bankrupt crypto company, Voyager Digital.</p><p>According to the official press release by <a […]

As a cryptocurrency trader, you were undoubtedly faced with the dilemma of choosing an exchange to suit your investment needs among a staggering number of cryptocurrency exchanges. CoinStats regularly reviews leading platforms like Binance, Coinbase, or Kraken, relatively small but reliable […]

Week #406

<p>After a plunge of almost 20% between 15 August and 25 September, Bitcoin stabilized near the $19,000 level on Monday. However, Bitcoin whales kept dumping the world’s most valuable crypto asset during the recent market correction, according to the data published by […]

<p>Liverpool FC, one of the biggest global football clubs, and Sorare, a <a href="https://www.financemagnates.com/tag/blockchain/" target="_blank">blockchain</a>-based football gaming and non-fungible token platform, have recently announced the expansion of their partnership. […]

<p>In an official press release on Thursday, Coinsquare, a leading Canadian crypto firm, <a href="https://www.newswire.ca/news-releases/coinsmart-announces-acquisition-by-coinsquare-creating-one-of-canada-s-largest-crypto-asset-trading-platforms-835599859.html" […]

Kraken is proud to announce that it has become a Diamond Sponsor of the Anti-Human Trafficking Intelligence Initiative (ATII), a U.S.-based nonprofit that harnesses intelligence to help financial institutions, technology firms and cryptocurrency exchanges combat human trafficking and child […]

<p>DeFinity Market, which offers an institutional digital asset ECN and DeFi marketplace, announced on Friday the strengthening of its <a href="https://www.financemagnates.com/terms/e/execution/" target="_blank" id="60010adb-9e25-4bff-9822-c9210deec853_1" […]

<p class="text-align-justify"> On Thursday, INX Digital Company, the owner of digital assets trading platforms, launched INX ONE, a single-entry platform that combines the features of its security token and cryptocurrency trading platforms.</p><p>The company described INX ONE as […]