Cryptocurrency news

The full force of the West’s economic sanctions did not appear to dissuade Russian President Vladimir Putin from launching a large-scale invasion of Ukraine.  The surprising “get-out-of-jail-free” card has been Russia’s surging adoption of cryptocurrencies, like Bitcoin. Crypto market watchers ...

Blockchain-based venture capital transactions continued to surge in 2021, with Miami emerging as the surprise epicenter of this growth. Investment in this overall sector rose by an impressive 2,061% in 2021, according to an analysis of tens of thousands of ...

Despite Bitcoin’s price swings in the last few months, many investors remain undeterred and are looking for new cryptocurrencies in which to invest. Bitcoin has clawed back about 16% of value over the past two weeks to sit above $41,000. ...

The price of Bitcoin fell to below $33,500 in Monday’s trading as cryptocurrencies continued to take a hammering. Crypto has kept falling in tandem with US stocks since the turn of the year, albeit to varying degrees, as investors weigh ...

Russia's central bank has proposed a ban on the use and mining of cryptocurrencies on its soil. Citing the speculative demand that drives much of crypto’s gains as a dangerous threat, the central bank wants to crack down on almost ...

In May 2021, China started cracking down on crypto mining to protect its power supply and use it for manufacturing. By mid-2021, Bitcoin’s hashrate, which measures the total computational power contributing to the blockchain network, fell more than 50%. The ...

Binance, the world’s largest cryptocurrency exchange, has ended its year-long attempt to set up a bourse in Singapore.  The Singapore arm of Binance, set up as a fiat-to-crypto trading platform, will wind down operations and close by February 2022. At ...

The CEOs of six major cryptocurrency companies appeared at a hearing before the House Financial Services Committee in the US Congress this week.  Crypto chiefs from FTX, Bitfury, Coinbase and others gave testimony to members of Congress during a session ...

Cayman Islands headquartered crypto exchange Bitmart confirmed overnight that hackers stole at least $150 million from its platform. In a memo to customers, the crypto exchange said that assets were taken from two “hot wallets,” one hosted on the Ethereum ...

Bitcoin plummeted to a low of about $43,000 over the weekend. As recently as October, the world’s biggest cryptocurrency was trading at almost $69,000, with some analysts hoping it could breach $100,000 in the near future. This weekend’s fall rounds ...

Authorities in China took a fresh swipe at crypto mining by calling the practice “extremely harmful.” Citing crypto mining as a threat to the country’s efforts to reduce carbon emissions, authorities have voiced concerns at the amount of electricity it ...

As cryptocurrencies continue to rise in value and popularity, with Bitcoin breaking the $66,000 mark on Wednesday, there is growing dislike of these currencies in the US and internationally. Indeed, no one detests cryptocurrencies like Warren Buffett. The legendary Omaha-based ...