Cryptocurrency Market

Cryptocurrency Market

Menu
  • Market Cap: $2,289,386,960,407.66
  • 24h Vol: $76,971,763,259.42
  • BTC Dominance: 56.02%
report:-hong-kong-residents-lost-more-than-$216-million-to-crypto-scams-in-2022

Report: Hong Kong Residents Lost More Than $216 Million to Crypto Scams in 2022

Leave a Comment / Bitcoin, Crypto Hacked, crypto romance scams, crypto scam, Cryptocurrency, Ethereum, Hong Kong police, Law Enforcement, Regulation, wire transfers / / / , , , , ,

According to Hong Kong police, in 2022 there were 2,336 reported crypto scam-related cases in which more than $216.6 million was lost. Although losses relating to crypto scams only constituted just over 10% of the nearly 23,000 reported technology crimes, they still accounted for more than half of the $407.7 million that was lost to […]

Report: Hong Kong Residents Lost More Than $216 Million to Crypto Scams in 2022 Read More »

uk-widens-crackdown-on-unauthorized-crypto-atms

UK Widens Crackdown on Unauthorized Crypto ATMs

Leave a Comment / Bitcoin, Bitcoin ATMs, crypto ATM crackdown, Crypto Hacked, Cryptocurrency, cryptocurrency ATM crackdown, cryptocurrency ATMs, Ethereum, FCA, Regulation / / / , , , , ,

Britain’s top financial regulator, the Financial Conduct Authority (FCA), has widened its crackdown on unauthorized cryptocurrency ATMs. “There are currently no crypto ATM operators registered with the FCA, which they must be to operate legally,” the regulator noted. FCA Cracks Down on Illegal Crypto ATMs Britain’s top financial regulator, the Financial Conduct Authority (FCA), announced

UK Widens Crackdown on Unauthorized Crypto ATMs Read More »

bitcoin-proponents-slam-nobel-laureate-paul-krugman-after-venmo-payment-issue

Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue

Leave a Comment / billionaire, Bitcoin, Censorship Resistant, Centralized, chat support, Crypto Hacked, Cryptocurrency, Decentralized, Digital Assets, Digital Currency, economic impact, electronic cash, Ethereum, financial institution, Financial Technology, HSBC China, Keynesian Economics, mark mobius, michael saylor, microstrategy, Monetary Policy, News, nobel prize winner, Online Payments, Paul Krugman, Payment Processors, payment systems, Peer-to-peer, Social Media, Software, subprime mortgage crash, Third Party, Twitter, Venmo / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the importance of censorship-resistant payment systems. Krugman’s Experience Highlights the Growing Interest in Censorship-Resistant Payment Systems Nobel Prize

Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue Read More »

silvergate-bank-announces-voluntary-liquidation-as-crypto-industry-woes-persist

Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist

Leave a Comment / asset preservation, bank operations, banking giant JPMorgan, Bitcoin, Circle, Coinbase, crypto exchange FTX, Crypto Hacked, crypto-friendly banking, Crypto.com, Cryptocurrency, deposit repayment, Ethereum, Financial Troubles, Gemini, industry developments, large crypto firms, liquidation plan, News, Paxos, payment platform, proprietary technology, regulatory scrutiny, residual value, SEC, SI, SI stock, Silvergate Bank, Silvergate Capital Corporation, stock downgrade, tax assets, US Securities and Exchange Commission, USD value, voluntary liquidation, wind down plan / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant financial troubles the bank faced, and the firm’s stock plummeted in value. Details of Silvergate’s Wind Down and Liquidation Plan Over the last six months, Silvergate Capital Corporation’s

Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist Read More »

ethereum-co-founder-vitalik-buterin’s-address-sells-trillions-of-airdropped-tokens,-causes-illiquid-coin-prices-to-plummet

Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet

Leave a Comment / airborne pathogens, atmospheric chemist, Balaji Srinivasan Philanthropic Fund, Binance Smart Chain, Bitcoin, Blockchain Explorer, Blockchain security, Burn Address, Crypto Covid Relief Fund, Crypto Hacked, Cryptocurrency, CULT DAO, data analytics, Digital Assets, Dingo, ERC20 Tokens, Ethereum, Kiboshib, Kimberly Prather, low liquidity, Market Capitalizations, market volatility, MOP, News, Peckshield, shiba inu, Shikoku, Stablecoins, Tax compliance, token holders, token transfers, University of California San Diego, usd coin, Vitalik Buterin / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On March 7, onchain observers noticed that Vitalik Buterin, the co-founder of Ethereum, had allegedly sold billions and trillions of airdropped ERC20 tokens, resulting in a gain of an estimated $700,000 in value. The market liquidity of the airdropped tokens was shallow, and the relatively unknown ERC20 tokens plummeted in value after Buterin reportedly sold

Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet Read More »

fed-chair-warns-of-higher-interest-rates-than-previously-anticipated,-faster-hikes

Fed Chair Warns of Higher Interest Rates Than Previously Anticipated, Faster Hikes

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Economics, Ethereum, Fed Chair Powell rate hikes, fed rate hikes, Federal Reserve rate hikes, House committee, interest rate hikes, Jerome Powell interest rates, senate committee / / / , , , , , , ,

Federal Reserve Chairman Jerome Powell has warned that “the ultimate level of interest rates is likely to be higher than previously anticipated.” In addition, if faster tightening is warranted, the Fed “would be prepared to increase the pace of rate hikes,” Powell said. The Fed Anticipates Higher Rates, Faster Hikes Federal Reserve Chairman Jerome Powell

Fed Chair Warns of Higher Interest Rates Than Previously Anticipated, Faster Hikes Read More »

india-russia-oil-deals-chip-away-at-dollar-dominance-in-international-trade

India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade

Leave a Comment / banking sources, Bitcoin, BRICS Nations, Crude Oil, Crypto Hacked, Cryptocurrency, Currency Exchange, Daniel Ahn, discounted prices, economic power, Economic sanctions, Economics, emerging economies, energy markets, energy security, Ethereum, European petrol stations, financial transactions, Foreign Policy, former chief economist, geopolitical risks, global oil trade, India, international oil trade, non-US denominated fiat currencies, oil deals, oil traders, reserve currency, Russia, trade agreements, transitory gains, UAE dirham, United Arab Emirates, US Dollar, US State Department, western sanctions / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Wednesday, Reuters reported that Western sanctions on Russia and oil trading between Moscow and India have started to erode the dollar’s decades-old dominance of international oil trade. The oil deals between India and Russia have been settled in other currencies, putting the U.S. dollar’s dominance in the oil trade under pressure. Sources Say Non-U.S.

India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade Read More »

biggest-movers:-xrp-hits-2-week-high,-shib-marginally-higher

Biggest Movers: XRP Hits 2-Week High, SHIB Marginally Higher

Leave a Comment / Analysis, Bitcoin, Crypto Hacked, Cryptocurrency, Ethereum, Market Updates, Ripple, shib, shiba inu, XRP / / / , , , , ,

Xrp rose higher for a third straight session on Wednesday, as prices moved to a two-week high. The rise comes despite market sentiment remaining largely bearish, with the global market cap trading 1.29% lower as of writing. Shiba inu also climbed higher in today’s session. XRP XRP, formerly ripple, was once again a notable mover,

Biggest Movers: XRP Hits 2-Week High, SHIB Marginally Higher Read More »

china’s-wechat-adds-support-for-digital-yuan-payments

China’s Wechat Adds Support for Digital Yuan Payments

Leave a Comment / Alibaba, Alipay, App, application, Bitcoin, CBDC, China, chinese, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Digital Currency, Digital Yuan, e-CNY, Ethereum, Fintech, integration, messenger, payment app, payment platform, Payments, PBOC, Social Media, tencent, update, WeChat, WeChat Pay / / / , , , , , , , , , , , , , , , , , , , , , , , ,

Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage of fast payments with the digital currency issued by the People’s Bank of China. Wechat Pay Follows Alipay in Integrating Payments With Digital Yuan The

China’s Wechat Adds Support for Digital Yuan Payments Read More »

bitcoin,-ethereum-technical-analysis:-btc-falls-below-$22,000,-as-powell-warns-of-higher-rates

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000, as Powell Warns of Higher Rates

Leave a Comment / Analysis, Bitcoin, BTC, Crypto Hacked, Cryptocurrency, ETH, Ethereum, Market Updates / / / , , , , ,

Bitcoin moved below the $22,000 level on March 8, as markets continued to react to U.S. Fed Chair Jerome Powell’s testimony. Speaking in front of the Senate Banking Committee, Powell said he expected rates to be higher than initially anticipated. Ethereum has also slipped on the news. Bitcoin Bitcoin (BTC) dropped below $22,000 on Wednesday,

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000, as Powell Warns of Higher Rates Read More »