crypto
Blockchain and cryptocurrency are part of LG’s new business plans.
LG Electronics, based in South Korea, has expanded its operations into blockchain and cryptocurrency.
Meta, the owner of Facebook, has filed eight trademark applications covering Metaverse and Crypto Services.
Meta Inc., formerly Facebook, has filed eight trademark applications relating to a wide range of crypto services and the metaverse. They include cryptocurrencies, crypto trading, blockchain software, crypto wallets, and crypto exchanges. Meta’s Trademark Filings Cover a Range of Crypto Services and the Metaverse Facebook owner Meta has filed eight new trademark applications with the […] …
Phishing Scam Costs DeFiance Capital Founder $1.7 Million in NFTs
Arthur Cheong, the founder of DeFi and crypto gaming fund DeFiance Capital, has had $1.7 million in various NFTs stolen from a crypto wallet. …
The Russian Central Bank has tightened its oversight of peer-to-peer cryptocurrency transactions.
The CBR (Central Bank of Russia) suggested that the commercial banks of the country should elevate the scrutiny of the consumers’ transfers that could target the implementation of the economic measures taken on the behalf of the CBR to tackle the external…
The post Russian Central Bank Tightens Monitoring Of P2P Crypto Transactions appeared first on CryptocyNews.com. …
Nepalese cops are looking into a possible crypto scheme involving an actress.
Nepalese actress and model Priyanka Karki is being questioned by the police after her picture was found in promotional material for a cryptocurrency scheme. “The investigation is still underway. We are trying to find out if the actress is involved in the crypto trading promotion or only her picture was used,” said the police. Actress […] …
Global Regulators Examine Cryptocurrency Used In Ukraine War
The use of crypto assets is being closely watched by global financial regulators amid the war in Ukraine after worry about its use to evade Western sanctions on Russia, according to Reuters. (Read More) …
A bogus United Nations affiliate’s president has been convicted of cryptocurrency fraud.
The US Attorney’s Office has found a man guilty of defrauding cryptocurrency investors out of thousands of dollars.
A New Crypto Security Solution Prevents Theft of Bitcoin and Other Digital Assets
When people evaluate the unpredictability of the cryptocurrency market, they can see why crypto security is so important. Online crypto wallets and exchanges have been hacked in large numbers in the last 24 months. “The value of cryptocurrency taken from victims climbed by 82% to $7.8 billion in 2021,” Chainalysis’ most recent Bitcoin Crime Report shows. Bitcoin, Ethereum, and other cryptocurrencies are increasing in value, and these findings demonstrate that cryptocurrencies operate in a chaotic environment that the traditional financial system ignores or refuses to recognize. Crypto Shield: For Crypto Security Because cryptocurrencies lack regulation, they cannot be insured by the Federal Deposit Insurance Corporation (FDIC) like regular bank deposits. Boost Insurance and its InsurTech partner Breach Insurance have introduced Crypto Shield, a cryptocurrency insurance solution. According to ZDNet, the service would be used whenever cryptocurrencies are stored through exchanges such as Coinbase or Binance in the United States and other countries. Total crypto market cap at $1.734 trillion in the daily chart | Source: TradingView.com Related Article | A Crypto War Is Raging – Crypto Donations Fuel Russia-Ukraine War Retail wallet owners may use Crypto Shield to protect their bitcoin against theft. People who Crypto Shield insures may be compensated for the value of their coverage if the custodian is hacked or falls victim to a social engineering attack, leading to the loss of assets. Crypto Shield, which became online on February 15, is primarily concerned with bitcoin theft and crypto security. Shield protects 20 cryptocurrencies, including Bitcoin, Ethereum, Ripple, Tether, Solana, Dogecoin, and stablecoins. Bitcoin & Ether Latest Price Movement This week has started slowly for major cryptocurrencies. As February ends, both Bitcoin and Ethereum show negative patterns. Bitcoin is now valued at $39,398.04, with highs of $39,537.5 and lows of $35,000 for the month. It has increased…
The Brazilian Senate Committee on Economic Affairs has approved a bill to regulate cryptocurrency.
Crypto regulation on Brazilian soil gained steam after the senate’s economic affairs committee approved a bill highlighting the ground rules and day-to-day usage of digital currency funds. (Read More) …
Tether and the Swiss city of Lugano promise to make Lugano “Europe’s BTC Capital.”
What’s “Lugano’s Plan B”? The 9th biggest city in Switzerland plans to become Europe’s Bitcoin city. And Tether is there to help. How will the two entities accomplish that? On March 3rd, Tether’s Paolo Ardoino and Michele Foletti, the Mayor of the city of Lugano, will unveil the plan at a live-streamed conference. #bitcoin and stablecoins are revolutionizing the financial sector. #tether and The City of Lugano🇨🇭 @luganomycity are teaming up to transform Lugano into the European #bitcoin capital. Every city needs a plan. Join Lugano's Plan ₿ pic.twitter.com/wmhFVePcPo — Tether (@Tether_to) February 21, 2022 Announcing the event, Tether summarized the situation as follows: “bitcoin and stablecoins are revolutionizing the financial sector. Tether and The City of Lugano are teaming up to transform Lugano into the European bitcoin capital.” For their part, the city’s official Twitter said, “The journey of the City of Lugano continues to discover the innovative sector #blockchain #Bitcoin #StableCoin.” Continua il percorso della Città di #Lugano alla scoperta del settore innovativo #blockchain #Bitcoin #StableCoin👉Prossimo incontro il 3 marzo 2022, ore 17 al LAC, su iscrizione, oppure streaming @Tether_to @LuganoLivingLab https://t.co/g3NYTffvAT — Lugano (@luganomycity) February 21, 2022 “We at Tether_to and the Administration of the City of Lugano have been tirelessly working together to prepare Lugano’s Plan ₿!,” completed Tether’s Paolo Ardoino. He was also bold enough to predict, “100% crypto will relocate to Lugano.” We at @Tether_to and the Administration of the City of Lugano 🇨🇭 have been tirelessly working together to prepare Lugano's Plan ₿! 3rd March 2022 , I'll join @MicheleLugano (mayor) in a live conference, to disclose the plan!100% #crypto will relocate to Lugano 🤯#Bitcoin🇨🇭⚡️ https://t.co/dely2sBeNM — Paolo Ardoino (@paoloardoino) February 21, 2022 This all sounds wonderful, but, are they selling smoke? Even though bitcoin is prominently shown in all of the promotional…
Cardano (ADA) is expected to reach $58 by 2030, according to a survey.
Cardano (ADA) is now trading at $0.992, a 2.73% drop from Friday’s value of $1.021. The cryptocurrency’s price has been on a declining trend since the start of February. Within the next 24 hours of trading, ADA is expected to trade at a low of $0.989 and a high of $1.04. It has a 24-hour trading volume of USD 1,415,938,600, with a market cap lower than previous weeks. Cardano’s price may retrace by 23.6% on its first level, according to the Fibonacci Retracements level. The FR level indicates where support and resistance are likely to integrate. In the medium term, the support level for ADA is at $0.823, although this level isn’t very stable. If the price rises from this level, it will reach $0.98, its previous high, and then heighten towards $2. Cardano (ADA) Seen Reaching $58 Cardano’s future appears to have great hopes of further trading and an increase in stock prices. Its volatility is also expected to reap bountiful harvests as investments in its tokens become more mainstream. In its most recent panel survey, Finder — a comparison website and money app — investigated the case of Cardano and its price potential. Related Reading | New Cardano Milestone Might Be The Push It Needs To Scale $1.50 According to the researchers consulted, the price of Cardano will touch $58 by 2030. The group also forecasted that the smart contracts-enabled, peer-evaluated currency will end the year at $2.72. Its price could be headed in that direction as soon as investors build some upward momentum, with the current trend offering a buying opportunity. ADA total market cap at $32.88 billion in the daily chart | Source: TradingView.com New System Updates Cardano has updated its message and system node activity throughout this week during wallet synchronization to include more information. They also improved the…
Preemptive Measures Needed to Regulate Crypto Market, FSB Says
Regulators need to take preemptive measures, bringing the crypto market to obey rules and regulations as risks from the sector could grow quickly, the Financial Stability Board said. (Read More) …
In 2021, the value of illegal transactions will be at an all-time high: Chainalysis
The latest report suggests cryptocurrency-based crime hit a new all-time high in 2021, with illicit addresses receiving $14 billion in 2021, which amount was doubled to 2020, according to Chainalysis. (Read More) …
Samsung Introduces a New Phone With Crypto Wallet Features
Samsung is showcasing its interest in the crypto space with the release of its new flagship phone Galaxy S22 Ultra. (Read More) …
The Big Fear of a Crypto Investor
It’s been a challenging few months for crypto investors since Bitcoin fell from its all time high of 69k; on top of that, many coins have followed in BTC’s price action footsteps. The entire crypto market has shed more than $1 trillion in value since, and many experts believe more is to come and that this will not be the last of the wave; many people scramble to get a grasp onfwhat’s to come and if we will fall into another dreaded crypto winter. Related Reading | Downward DOGE: Descending Dogecoin Pattern Predicts Deadly Drop Cold World For Crypto… The entire crypto market has lost roughly $1 trillion in value since November, around the time of bitcoin’s all-time high, and other tokens such as ether and solana followed the number one digital currency to trade sharply lower. Ethereum has more than halved in value since reaching its peak in November, while Solana has suffered an even steeper decline, falling 65 percent. Back in 2018, bitcoin went through what many now refer to as ‘crypto winter,’ which saw witness to an 80 percent drop in bitcoin; could this be another case of the current price action BTC: Bitcoin fighting to break 40k after hitting all time high in November 2021. | BTC:USDtradingview.com David Marcus, the former head of crypto at Facebook (now Meta), appeared to suggest that he believes a crypto winter has already arrived. In a tweet earlier this week, he said: “It’s during crypto winters that the best entrepreneurs build the better companies. This is the time again to focus on solving real problems vs. pumping tokens.” Nadya Ivanova, chief operating officer at the BNP Paribas had an opposing thought on a crypto winter, stating that “over the last year — especially with all the hype in this market — a…
On March 7-10, 2022, MetaWeek will be held in Dubai.
Investors, NFT artists, blockchain brightest minds, DeFi experts and DAO representatives will converge to UAE for a week-long event with a full-scale trailblazing digital and physical networking experience. Community leaders will discuss what will define development of blockchain space and the upcoming realm of Metaverses. (Read More) …
Bitcoin Whales Profit From Market Crash To Rack up Millions In BTC
The bitcoin crash rocked the market to its core when the digital asset had lost over 50% of its all-time high value to bottom out at $33,000. It was as a result of market sell-offs across the financial space, sparking a ripple effect that was felt heavily in the crypto market. Market sentiment had crumbled … Read moreBitcoin Whales Profit From Market Crash To Rack up Millions In BTC
