Crypto News

Crypto firms with New York BitLicense will be required to pay annual fees

Crypto firms with New York BitLicense will be required to pay annual fees

The cost of doing crypto business in New York is about to rise as the state government prepares to require BitLicense holding companies to pay assessment fees to make sure they comply with the rules. Digital currency companies in New York State will pay the same fees as banking and insurance institutions, allowing the state to...

Robinhood Buys British Crypto Firm Ziglu

Robinhood Buys British Crypto Firm Ziglu

Robinhood said Tuesday it will acquire UK-based cryptocurrency exchange Ziglu. The move comes as the stock trading app looks to expand further by offering cryptocurrency trading. The acquisition also marks Robinhood's second foray into the UK market after a failed plan to launch a stock trading app in 2020. Together with Ziglu, Robinhood now owns one...

Silvergate Bank: "Our Crypto Customer Base Grew To 1,500 People In The First Quarter Of 2022"

Silvergate Bank: “Our Crypto Customer Base Grew To 1,500 People In The First Quarter Of 2022”

Silvergate Bank's cryptocurrency-focused customer base has grown to over 1,500, according to first-quarter results released Tuesday. “The number of digital currency customers rose to 1,503 as of March 31, 2022, from 1,381 as of December 31, 2021 and 1,104 as of March 31, 2021,” the firm said in a Q1 report. Silvergate also stated that it generated...

Liquid Staking Protocol Lido Allocates $6M to Ethereum Development

Liquid Staking Protocol Lido Allocates $6M to Ethereum Development

Lido has committed two million of its LDO tokens to the Protocol Guild transfer, which is positioned as a new funding mechanism for public initiatives for the development of Ethereum. The Lido Finance Governance Forum held a vote in support of the Ethereum protocol participants through the Protocol Guild worth about $6 million. The Protocol Guild is...

Flipside Crypto Raises $50M at $350M Valuation

Flipside Crypto Raises $50M at $350M Valuation

Analyst firm Flipside Crypto has raised $50 million in a funding round led by Republic Capital. 1/ A bit of news: @flipsidecrypto has raised $50M. Yeah, we’re excited (and humbled 🙏). All the deets in this Gitbook: https://t.co/O1Hz1btlZJ Thanks for leading @_rcapital_ with @trueventures; @GalaxyDigitalHQ; @terra_money; @dapperlabs; @M13Company; @arjunsethi; plus… — Flipside Crypto (@flipsidecrypto) April 19, 2022 It also featured...

Binance to Launch Regulated Bitcoin Exchange in Thailand

Binance to Launch Regulated Bitcoin Exchange in Thailand

Binance has formed a joint venture with Thai billionaire Sarath Rathanawady’s Gulf Energy Development, which will apply for a cryptocurrency exchange license in the country. According to letter firm to the Stock Exchange of Thailand, its subsidiary invested in BNB tokens. Read Also: Binance Will Open A Customer Service Center In Turkey In another notice, Gulf Energy announced...

The Head Of Grayscale Called The Approval Of The Spot Bitcoin-etf In The Us A Matter Of Time

The Head Of Grayscale Called The Approval Of The Spot Bitcoin-etf In The Us A Matter Of Time

Grayscale Investments CEO Michael Sonnenschein in an interview CNBC expressed optimism about the possible approval by the US Securities and Exchange Commission (SEC) of a spot bitcoin-ETFs. At the beginning of April, the regulator allowed launch an exchange-traded fund based on futures for the first cryptocurrency from the provider Teucrium. The application complied with the provisions...

Us Authorities Warn Of North Korean-linked Hackers Targeting Crypto Industry

Us Authorities Warn Of North Korean-linked Hackers Targeting Crypto Industry

The Cybersecurity and Infrastructure Protection Agency (CISA), the FBI and the US Treasury have issued a joint warning about North Korean hacker threats aimed at stealing cryptocurrencies. The document refers to the hackers Lazarus Group, APT38, BlueNoroff and Stardust Chollima. US authorities have said they are seeing attacks targeting the cryptocurrency and blockchain sectors, including exchanges, DeFi...

Bitcoin Exchange Coindcx Was Valued At $2.15 Billion Following The Results Of The Investment Round

Bitcoin Exchange Coindcx Was Valued At $2.15 Billion Following The Results Of The Investment Round

Indian cryptocurrency exchange CoinDCX has raised $135M in a Series D funding round at a $2.15B valuation. Indian crypto exchange CoinDCX has doubled its valuation to $2.15 billion in eight months following a fresh $135 million funding. CoinDCX said it has amassed over 10 million users. https://t.co/xx2L6d4xne — Wu Blockchain (@WuBlockchain) April 19, 2022 The round was led...

Luna Up 17.5% Amid Growth In UST Capitalization

Luna Up 17.5% Amid Growth In UST Capitalization

During the day, the price of the LUNA token of the Terra platform increased by 17.5%. This happened against the backdrop of Terra USD (UST) entering the third place in terms of capitalization among stablecoins. <img width="961" height="138" src="https://forklog.com/wp-content/uploads/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome.jpg" alt="" class="wp-image-170824" srcset="https://forklog.com/wp-content/uploads/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome.jpg 961w, https://forklog.com/wp-content/uploads/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-300x43.jpg 300w, https://forklog.com/wp-content/uploads/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-768x110.jpg 768w" sizes="(max-width: 961px) 100vw, 961px"/>           ...