Cryptocurrency Market

  • Market Cap: $2,278,734,885,770.53
  • 24h Vol: $55,296,223,404.39
  • BTC Dominance: 56.63%

Crypto

bitzlato-exchange-busted-as-us-deals-‘blow-to-crypto-crime,’-arrests-owner

Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner

Cryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an “international cryptocurrency enforcement action,” the U.S. Justice Department announced. The Russian owner of the platform has been arrested for his role in the alleged transmission of illicit money. Bitzlato claimed it was hacked. US, France […]

Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner Read More »

iran-and-russia-consider-issuing-gold-backed-stablecoin,-officials-unveil

Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil

Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would need to first regulate crypto assets, a lawmaker noted. Russian, Iranian Representatives Talk Using Gold-Backed Stablecoin in Foreign Trade Iran’s central bank is considering the possibility of

Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil Read More »

hashkey-capital-raises-$500-million-for-its-third-fund,-despite-crypto-market-downturn

Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn

On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III” is dedicated to developing crypto solutions, blockchain technology, and Web3 concepts. Hashkey Capital’s Fund III to Focus on Web3, Emerging Markets and Crypto Solutions Amid

Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn Read More »

spanish-airline-vueling-to-accept-cryptocurrency-as-means-of-payment

Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment

Vueling, a low-cost Spanish airline, has announced it is exploring the functionality of blockchain and NFT (non-fungible token) technology to accept cryptocurrency as a means of payment for its services. The company enlisted the aid of Criptan, a registered Spanish cryptocurrency exchange, and aims to open this payment option for users by Q3 2023. Vueling

Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment Read More »

georgia-prepares-to-launch-digital-lari-pilot-in-first-half-of-2023

Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023

The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. Other participating parties will use it to finalize their proposals for the pilot which the monetary authority plans to initiate in the first half of the year. Financial Authorities in Georgia Gear Up

Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023 Read More »

defunct-crypto-hedge-fund-three-arrows-capital-founders-seek-$25-million-to-start-new-exchange-amid-scrutiny

Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny

According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solicitation for new capital comes after 3AC co-founders Su Zhu and Kyle Davies were subpoenaed over the social media platform Twitter. Pitch Deck

Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny Read More »

combined-transactions-on-arbitrum-and-optimism-l2-chains-outpace-ethereum’s-daily-transfer-count 

Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count 

Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain transactions, while combined transactions on Arbitrum and Optimism reached 1.32 million for the same day. Rise of

Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count  Read More »

poland’s-consumer-protection-agency-opens-case-against-cryptocurrency-exchange

Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange

The body ensuring that consumer rights are respected in Poland has initiated proceedings against a crypto exchange falsely claiming to be Polish. The trading platform also misled customers that it was operating with the regulatory approval of the financial authorities in the country. Belize-based Exchange Risks Hefty Fine in Poland for Allegedly Deceiving Crypto Traders

Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange Read More »

ukraine’s-tascombank-pilots-stellar-based-e-hryvnia

Ukraine’s Tascombank Pilots Stellar-based E-hryvnia

Tascombank, one of the oldest banking institutions in Ukraine, has completed the pilot testing of a digital currency based on the Stellar network. The bank believes that its electronic money platform represents an economically viable implementation of blockchain technology. Tascombank Conducts Tests With New Ukrainian Digital Currency An “electronic hryvnia” has been tested by Ukraine’s

Ukraine’s Tascombank Pilots Stellar-based E-hryvnia Read More »

hungarians-interested-in-investment-potential-of-cryptocurrencies,-poll-shows

Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows

A survey has indicated that Hungarians would like to learn more about the long-term investment opportunities presented by cryptocurrencies. However, associated risks and insufficient information in their native language are major concerns, according to the polled. Hungarians Want to Know How Crypto Profits Are Taxed and What Rules Apply to Such Investments With increased global

Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows Read More »