Crypto News

Hong Kong regulator warns that stablecoins could undermine the value of e-HKD

Hong Kong regulator warns that stablecoins could undermine the value of e-HKD

The Hong Kong Financial Authority says it is concerned about the growing popularity of stablecoins and invites the public to comment on the pros and cons of e-HKD. The Hong Kong Monetary Authority (HKMA) has warned that stablecoins could undermine the Hong Kong dollar in a recently published discussion paper on its retail central bank digital...

DeFi Argent Wallet Raises $40M, Targets Gaming

DeFi Argent Wallet Raises $40M, Targets Gaming

Argent, a London-based startup looking to build a DeFi super app, has raised $40 million in a Series B round. The investment was led by Metaplanet, an investment company owned by Fabric Ventures and Skype co-founder Jaan Tallinn . The round also included existing investors Paradigm, Index Ventures and Creandum, as well as new strategic backers Starkware, Jump...

North Korea sold military secrets to North Korea for bitcoin

North Korea sold military secrets to North Korea for bitcoin

The Seoul Central District Prosecutor's Office has charged the head of a local cryptocurrency investment company and an active-duty military officer with violating the National Security Law by leaking military secrets to a North Korean hacker in exchange for bitcoin and cryptocurrencies, according to the prosecutor's released investment report. A military officer photographed and leaked military...

Bitcoin mining difficulty hits new high

Bitcoin mining difficulty hits new high

Bitcoin mining difficulty hit another all-time high on Wednesday, up 5.56% from the last adjustment two weeks ago. The mining difficulty level is now at 29.79 trillion at a block height of 733,824 after falling 1.26% on April 14 from the previous all-time high of 28.59 trillion on March 31, according to data from BTC.com. Bitcoin mining...

BlackRock Launches Blockchain Industry ETF, Names Cryptocurrency as One of Three Big Opportunities

BlackRock Launches Blockchain Industry ETF, Names Cryptocurrency as One of Three Big Opportunities

The world's largest asset manager has launched a blockchain ETF, giving clients greater access to cryptocurrencies and blockchain-related companies. BlackRock has officially launched a blockchain-focused exchange-traded fund (ETF) that provides investors with access to the crypto and blockchain industry without the need to directly own digital assets. The world's largest asset manager, which currently manages around $10...

What to expect on the crypto market in May 2022? Expert forecast

What to expect on the crypto market in May 2022? Expert forecast

At the moment, the price of BTC, which is essentially an indicator of the entire digital market, is not far from the March lows. The dynamics is similar to the index reflecting the dynamics of US technology companies Nasdaq, whose quotes also returned to local lows by the end of the month. Both instruments have...

Bitcoin Plus Gold 21Shares Launches Hybrid ETP to Hedge Inflation

Bitcoin Plus Gold: 21Shares Launches Hybrid ETP to Hedge Inflation

Mix, but do not shake! The new BOLD ETP from 21Shares, launched in collaboration with ByteTree, contains 18.5% BTC and 81.5% gold at launch, but this proportion will change monthly. The Swiss company on Wednesday announced the launch of the 21Shares ByteTree BOLD ETP (BOLD), a new product that aims to provide inflation hedge by tracking...

Glassnode pointed to positive shifts in the fundamental metrics of bitcoin

Glassnode pointed to positive shifts in the fundamental metrics of bitcoin

In the context of a decrease in activity in the bitcoin derivatives market, constructive medium-term and long-term trends are being formed. These are the conclusions made by Glassnode analysts. Over the last five years, #Bitcoin derivatives have expanded and matured significantly. Perpetual swap futures have emerged as the industries preferred instrument for trading and price discovery. Read our...

SEC Expands List of Dubious Cryptocurrency Companies

SEC Expands List of Dubious Cryptocurrency Companies

The US Securities and Exchange Commission (SEC) has expanded its list of "misleading" digital asset companies. About it says in a press release. This is a list called "Public Alert: Unregistered Soliciting Entities" (PAUSE). It pursues informational purposes and does not assume that the firms that have fallen into it have violated the law. PAUSE includes organizations...