Cryptocurrency news
Next few weeks are ‘critical’ for stock market and Bitcoin, analyst says
The stock market’s movements in the next few weeks will be critical for determining whether we are heading towards a short-term recession or a long-term one, according to forex trader and crypto analyst Alessio Rastani. During the October-December 2022 period, the...
Meta Opens NFT Sharing on Instagram and Facebook to All US Users
Non-fungible tokens (NFT) have finally arrived on Instagram after parent company Meta announced Thursday the long-awaited arrival of its digital collectible feature to its millions of users in the U.S. NFT functionality on Instagram has been in testing since May, but on Thursday...
Digital Euro Could be More Popular Beyond EU's Borders
A digital euro "could well be" more popular beyond the European Union's borders, according to European Central Bank (ECB) President Christine Lagarde. The digital version of a euro should be "borderless" and it should be "regulated and properly supervised" Lagarde said, respondi...
Celsius CEO Alex Mashinsky resigns
According to a new press release published on Tuesday, Alex Mashinsky, CEO of troubled crypto lender Celsius Network, has resigned effective immediately. In explaining the decision, Mashinsky wrote: “I regret that my continued role as CEO has become an increasing d...
Australia's CBDC Pilot to Be Completed in 2023
The Reserve Bank of Australia (RBA) is expecting to complete its central bank digital currency (CBDC) pilot by mid-2023, according to a white paper published on Monday. The purpose of the pilot is to "explore innovative use cases" that could be supported by the issuance of a CBD...
Disney seeks corporate lawyer for 'emerging technologies' and NFTs
The Walt Disney Company could be on the verge of expanding into the crypto space after posting a new job for an “experienced corporate attorney” to work on “emerging technologies” such as nonfungible tokens (NFTs) and the Metaverse. According to t...
Korean crypto bank partners with Blockdaemon to offer retail staking services
Crypto-focused finance company Delio has partnered with Blockdaemon to launch retail-focused staking services, giving customers a more seamless way to earn rewards on their digital asset holdings. Delio’s staking services expand its existing crypto-bank offerings,...
Digital Bank Revolut's Data Breach May Have Affected 50,000 Customers
Digital bank Revolut, which includes crypto trading among its services, suffered a breach that may have exposed the data of over 50,000 customers. Revolut notified the Lithuanian State Data Protection Inspectorate (VDAI) last week regarding an incident in which access to...
South Korean ministry recommends enactment of special Metaverse laws
The Ministry of Science and ICT (MSIT) of South Korea revealed plans to move away from imposing traditional video gaming laws on the Metaverse. Instead, the ministry decided to issue new guidelines for incentivizing the growth of the budding ecosystem. South Korea’...
NFTs will bring crypto to billions of users, explains VC investor
The CEO and co-founder of Electric Capital, Avichal Garg, shares his views on the projects that will explode in the next bull cycle. Avichal Garg, the CEO and co-founder of Electric Capital, defines himself as “an NFT maximalist” – who believes that non...