Elizabeth Wilson - CryptocyNews.com - Page 16

Elizabeth Wilson

Uniswap Launching on Polkadot Parachain Moonbeam to Boost Transaction Scalability

Uniswap Launching on Polkadot Parachain Moonbeam to Boost Transaction Scalability

May 18, 2023 by Elizabeth Wilson

On May 17, the Brookly-based decentralized crypto exchange Uniswap revealed plans to go live on the Polkadot multichain network Moonbeam. During an interactive session hosted by Blockchain at Michigan, the community voted for launching Uniswap on the Polkadot network. The completed Blockchain…

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Tether Set to Plow 15% Profits to Acquire Bitcoin

Tether Set to Plow 15% Profits to Acquire Bitcoin

May 18, 2023 by Elizabeth Wilson

An official report from the popular stablecoin issuer Tether reveals that the company will heavily invest in purchasing Bitcoin (BTC) to strengthen the excess reserves. The May 17 report disclosed that the company would allocate approximately 15% of the profits to purchase…

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Coinbase Suspends Ethereum Staking Reward Withdrawal for Three Days, Cites Technical Problem

Coinbase Suspends Ethereum Staking Reward Withdrawal for Three Days, Cites Technical Problem

May 17, 2023 by Elizabeth Wilson

On May 16, the leading crypto exchange in the US, Coinbase, suspended the Ethereum (ETH) staking rewards due to technical challenges. The Coinbase team revealed that the suspended ETH staking platform would continue to allow the user to earn rewards which will…

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Ethereum Network Resumes Finalizing Blocks Feature After Suffering Technical Issues

Ethereum Network Resumes Finalizing Blocks Feature After Suffering Technical Issues

May 15, 2023 by Elizabeth Wilson

On May 12, the second largest blockchain by market capitalization, Ethereum, suffered technical challenges that disrupted the operation network on the finalizing blocks for over an hour. The Ethereum finality issues created embroiled debates among consumers. A scrutiny of the market critics…

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LG Files for Patent to Allow Users Trade NFTs at Home

LG Files for Patent to Allow Users Trade NFTs at Home

May 13, 2023 by Elizabeth Wilson

The leading consumer electronic company in South Korea LG has submitted a patent to the World Intellectual Property Organization (WIPO). The patent allows LG users to trade their nonfungible tokens (NFTs) on the TV set. The team behind LG’s latest development confirmed…

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Solana Labs Establishing 25000 Square-Foot Office in New York

Solana Labs Establishing 25000 Square-Foot Office in New York

May 12, 2023 by Elizabeth Wilson

On Thursday, Solana Labs launched a new office in New York. The May 11 report came months after the prominent Solana bricks-and-mortar company ceased operating in New York and Miami due to the prolonged crypto winter. In their announcement, the Solana Labs…

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President Biden Set to End $18B Crypto Tax Loopholes

President Biden Set to End $18B Crypto Tax Loopholes

May 10, 2023 by Elizabeth Wilson

An official tweet from President Joe Biden revealed the famous MAGA House Republicans supported tax loopholes to benefit the wealthy crypto entrepreneurs in America. The President’s tweet was against the MAGA action that threatened the country’s food security investigations. The President’s May…

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Cipher Purchasing 11000 Bitcoin Mining Machines From Canaan Inc.

Cipher Purchasing 11000 Bitcoin Mining Machines From Canaan Inc.

May 9, 2023 by Elizabeth Wilson

The prominent Bitcoin mining company Cipher has invested in purchasing 11000 mining machines. The Cipher team issued a press release dated May 9 concerning the purchases of the Bitcoin miners. In the announcement, the Cipher group confirmed that the purchases aimed at…

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Coinbase Officials Visiting UAE to Examine the Suitability of Establishing Strategic Hub

Coinbase Officials Visiting UAE to Examine the Suitability of Establishing Strategic Hub

May 9, 2023 by Elizabeth Wilson

An official announcement from Coinbase chief executive Brian Armstrong revealed that part of his team plans to visit the United Arabs Emirates (UAE) to evaluate the suitability of establishing a universal strategic hub. Armstrong stated that Coinbase top executives have arranged for…

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Fedi Generates $17M in Series A Funding to Boost Bitcoin Adoption

Fedi Generates $17M in Series A Funding to Boost Bitcoin Adoption

May 5, 2023 by Elizabeth Wilson

On Thursday, the prominent financial and data company Fedi yielded $17 million in a series A funding round. The Fedi team announced that the funds would be utilized to increase Bitcoin adoption. The tech company plans to improve the usability and accessibility…

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Digital Securities Platform INX Releases MPC Wallet for Institutional Investors

Digital Securities Platform INX Releases MPC Wallet for Institutional Investors

May 4, 2023 by Elizabeth Wilson

An official report from crypto trading platform INX dated May 3 confirms the launching of a unique Web3 wallet for institutional clients. The announcement revealed that the INX developer collaborated with BitGo infrastructure experts to develop the new wallet. The team behind…

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Bhutan Kingdom Collaborates with Bitdeer to Raise $500M for Sustainable Crypto Mining

Bhutan Kingdom Collaborates with Bitdeer to Raise $500M for Sustainable Crypto Mining

May 4, 2023 by Elizabeth Wilson

The Singaporean crypto mining firm Bitdeer Technologies has partnered with the Bhutan Kingdom investment arm Druk Holding and Investments (DHI) to establish a digital mining centre. The partners plan to invest in developing a zero-carbon crypto mine in the smallest state in…

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Crypto Exchange ByBit Launches Digital Lending Platform to Provide Interest-Bearing Services

Crypto Exchange ByBit Launches Digital Lending Platform to Provide Interest-Bearing Services

May 2, 2023 by Elizabeth Wilson

On May 2, the Dubai-based crypto exchange ByBit released a unique lending platform for its diverse users. The new product ByBit Lending will allow users to earn interest on payouts. The ByBit community was delighted to announce that the lending platform will…

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Mastercard Releases Crypto Credential Platform for Supporting Cross-Border Transactions

Mastercard Releases Crypto Credential Platform for Supporting Cross-Border Transactions

April 30, 2023 by Elizabeth Wilson

On April 29, the second largest payment platform, Mastercard, launched a new crypto credential platform. Mastercard Crypto Credential’s platform aims to support the customer to comply with the verification requirements. The developers of Mastercard’s new products confirmed utilizing emerging technologies to mitigate…

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Former SPAC CFO Facing 3-year Imprisonment for Money Embezzlement

Former SPAC CFO Facing 3-year Imprisonment for Money Embezzlement

April 28, 2023 by Elizabeth Wilson

On April 27, the United States Department of Justice (DoJ) issued a press release revealing the court decision on the former chief financial officer of the African Gold Acquisition Corporation (AGAC) Cooper Morgenthau case. The report stated Morgenthau would be placed behind…

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FBI Officials Searches Former FTX Executive Ryan Salame Home

FBI Officials Searches Former FTX Executive Ryan Salame Home

April 28, 2023 by Elizabeth Wilson

An April 27 announcement captured by reporters from The New York Times revealed that the Federal Bureau of Investigation (FBI) launched an investigation to search the home of former FTX executive Ryan Salame. Residing from Potomac, Maryland, the FBI officials raided Samale’s…

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Sam-Bankman Fried’s Prefered Video Game Winding Down, Cites Fallout of FTX

Sam-Bankman Fried’s Prefered Video Game Winding Down, Cites Fallout of FTX

April 26, 2023 by Elizabeth Wilson

An official announcement from Good Luck Games, the developers of video games, including the famous Storybook Brawl (SBB) has announced plans to sunset its operation. The April 25 announcement revealed that the Bahamian crypto exchange FTX’s departure from the digital space negatively…

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FTX Clawing Back $460 Million from Modulo Venture Capital Firm

FTX Clawing Back $460 Million from Modulo Venture Capital Firm

March 24, 2023 by Elizabeth Wilson

On March 22, the FTX team agreed to start the recovery of $460 million invested by Sam Bankman Fried in a venture capital Modulo Group. The funds were wired by the FTX affiliate company Alameda research in 2022. Based on the FTX…

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Tim Draper Presents a Bitcoin Song at the 2023 Blockchain Week in Paris

Tim Draper Presents a Bitcoin Song at the 2023 Blockchain Week in Paris

March 22, 2023 by Elizabeth Wilson

The prominent American venture capitalist and crypto entrepreneur Tim Draper presented his speech at the 2023 Blockchain week in Paris. In his statement, Draper recited a Bitcoin song he had composed to narrate investors’ loss of confidence in banking. Draper’s piece, “The…

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Hackers Exploit Circle CSO’s Twitter Account to Promote Suspicious USDC Airdrop

Hackers Exploit Circle CSO’s Twitter Account to Promote Suspicious USDC Airdrop

March 22, 2023 by Elizabeth Wilson

Dante Disparte, the chief strategy officer at Circle Internet Financial Ltd., has confirmed that his Twitter account has been hacked. The Circle team tweeted on March 22 revealed that bad actors compromised Disparte’s Twitter profile to promote fake USD Coins. The hackers…

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Name	Price	24H (%)
Bitcoin (BTC)	$103,709.00	-1.35%
Ethereum (ETH)	$2,523.55	-3.61%
Tether (USDT)	$1.00	0.00%
XRP (XRP)	$2.13	-2.52%
BNB (BNB)	$654.18	-2.32%
Cardano (ADA)	$0.67	-4.68%
Chainlink (LINK)	$13.75	-5.18%
Litecoin (LTC)	$85.07	-6.04%
Polkadot (DOT)	$4.00	-4.62%
Uniswap (UNI)	$6.06	-7.56%