Cryptocoins News / CoinJournal - 2 years ago
BNB worth more than $600 million have been removed from circulation, Binance announced on Tuesday. This was the 22nd BNB burn, with data showing over 44 million BNB tokens have been cut from the total supply. Binance launched BNB in 2017 with a maxi...
Cryptocoins News / CoinJournal - 2 years ago
The global AI market is forecast to grow $1394.30 billion in 2023. Investors and traders can tap into AI to benefit from features such as automation and accuracy. Bitcoin and AI also have the capacity to combat frauds in transactions across global m...
Cryptocoins News / CoinJournal - 2 years ago
Cryptocurrency and cross-border payments will be a key trend in 2023 amid greater adoption across the digital assets industry. Embedded financial systems and innovating in the digital age are also set to be big trends. The coming year is undoubtedly...
Cryptocoins News / CoinJournal - 2 years ago
ACH/USD jumped 50% in one trading day A falling wedge pattern supports the bullish case The risk of a false breakout remains The cryptocurrency market suffered from the FTX scandal as investors fled away in light of yet another scam in the industr...
Cryptocoins News / CoinJournal - 2 years ago
GALA price has surged by over 250% from the lowest point in December. The developers are working on the Meow NFT Match. Gala crypto price has been in a strong bullish trend in 2023, making it one of the best-performing cryptocurrencies in the i...
Cryptocoins News / CoinJournal - 2 years ago
The crypto market moves in mysterious ways. Or not, if you look at the historical trends. Each bull market has been followed by a prolonged “crypto winter,” in which prices dip across the board. After this, the market typically recovers w...
Cryptocoins News / CoinJournal - 2 years ago
Metaverse games are constantly expanding and becoming more advanced. The technology is connecting players with new earning opportunities and new methods of exploring immersive landscapes online, which makes them some of the most highly sought-after i...
Cryptocoins News / CoinJournal - 2 years ago
Iran and Russia are reportedly eyeing a new stablecoin for cross-border trade, including in the Astrakhan special economic zone. The stablecoin will be backed by gold, according to local Russian media outlet Vedomosti. Both Iran and Russia are under...
Cryptocoins News / CoinJournal - 2 years ago
Binance’s off-exchange settlement solution Binance Mirror to benefit institutional investors. The solution is offered via Binance Custody, a regulated institutional digital assets platform. Binance Mirror currently accounts for more than 60% o...
Cryptocoins News / CoinJournal - 2 years ago
Solana is currently changing hands at $23.26, about 137% up year-to-date. The coin’s price plummeted after FTX fell in November, ending the year below $10. SOL price has soared amid positive sentiment, broader market rally and meme coin-driven...
Cryptocoins News / CoinJournal - 2 years ago
Bitcoin price broke above $21,440 on major cryptocurrency exchanges for the first time since the FTX implosion. Much of the buying pressure was retail driven as crypto mirrored stock markets’ Friday surge. Veteran trader and markets analyst Pe...
Cryptocoins News / CoinJournal - 2 years ago
DeFi protocol Frontier Wallet brings in-browser wallet support for Sui, Aptos, and 33 other cryptocurrencies. Besides transactions, users will also be able to stake and transfer tokens between networks. The wallet basically offers a one-stop platfor...
Cryptocoins News / CoinJournal - 2 years ago
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Cryptocoins News / CoinJournal - 2 years ago
Bithumb had a one and half hour outage that caused customers to lose funds. South Korean Supreme Court has ordered the exchange to pay the customers for the damages. Initially, a district court had ruled in favour of the exchange but the ruling was...
Cryptocoins News / CoinJournal - 2 years ago
Key Takeaways Bitcoin is back in the 20s, Ethereum has crossed $1,500 and altcoins are powering north in what is the biggest crypto rally in 9 month Optimism that Federal Reserve will pivot off high interest policy sooner than expected, following co...
Cryptocoins News / CoinJournal - 2 years ago
The cross-border fraud network used call centres to defraud victims. The network operated in Germany, Serbia, Cyprus, and Bulgaria. 15 people connected to the network have been arrested so far. After the raid on Nexo’s offices in Bulgaria, th...
Cryptocoins News / CoinJournal - 2 years ago
The fall of FTX has led to calls for increased transparency among crypto exchanges. Several centralised exchanges have released proof of reserves to regain public trust. However, it may take more than publishing proof of reserves before customers can...
Cryptocoins News / CoinJournal - 2 years ago
The judge in charge of overseeing the FTX bankruptcy proceedings has given FTX approval to sell some assets. The assets under consideration include LedgerX among other assets. The move will allow FTX to get money to repay its creditors. After filin...
Cryptocoins News / CoinJournal - 2 years ago
Key Takeaways Crypto.com is laying off 20% of its workforce, having cut 5% last summer Fellow exchanges Coinbase, Kraken, Huobi and Swyftx have all downsized over last month Tech sector as a whole is laying off thousands, with Amazon, Salesforce, Me...
Cryptocoins News / CoinJournal - 2 years ago
Investigations show that Hodlnaut lost about $190 million in the Terra LUNA crash. The lender had proposed a restructuring plan to allow creditors to have a view of the company’s operations. The creditors however want liquidation of the compan...
Cryptocoins News / CoinJournal - 2 years ago
BNB investors fear that Binance exchange may not last through the bear market. However, investors are still optimistic about the long-term future of Web3, and Metacade has been a key project bringing positive sentiment back to the crypto markets. The...
Cryptocoins News / CoinJournal - 2 years ago
Cryptocurrencies had a strong week as investors reacted to the FTX bankruptcy proceedings and the latest American inflation data. In the biggest crypto news& of the week, FTX said that it had found more than $5 billion in liquid assets that it co...
Cryptocoins News / CoinJournal - 2 years ago
The US SEC is accusing Gemini and Genesis of selling unregistered securities. Genesis and Gemini did not register their partnership as a lending partnership. Genesis has been having liquidity issues after FTX’s collapse and has paused withdraw...
Cryptocoins News / CoinJournal - 2 years ago
Crypro.com CEO cited poor market conditions and recent events in the industry as reasons for layoffs. The layoffs come just days after Coinbase announced similar layoffs. The Cronos (CRO) token price has responded positively to the news. The co-fou...
Cryptocoins News / CoinJournal - 2 years ago
The metaverse industry has felt the brunt of the long-term bearish crypto market conditions during 2022, with several leading metaverse coins sinking alarmingly in value. The good news is that some new metaverse projects are bucking the trend and per...
