Huobi explains what went wrong with HUSD after stablecoin is back on track The HUSD team explained that the depeg was caused as they closed market maker accounts in some regions to comply with regulations.Aug 19, 2022Ezra Reguerra
Fake employees and social attacks: Crypto recruiting is a minefieldOne candidate appeared on a Zoom interview and “claimed to be from London with the name John Smith, clearly wearing a wig and fake beard.”Aug 19, 2022Elias Ahonen
SBI lost 40% of hash rate after stopping mining in Russia: DataAfter terminating mining operations in Russia's mining-rich region of Siberia in February, SBI still continues running some mining activity in the country.Aug 19, 2022Helen Partz
NFTs democratize music industry and redistribute song rights EDM artist R3HAB and music community anotherblock are using NFTs to share song royalties with everyone involved in the process of launching a song — including fans.Aug 19, 2022Savannah Fortis
Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisisAnalysts are divided on whether the potential NFT liquidation event is a buy-the-dip opportunity.Aug 19, 2022Yashu Gola
The Philippines pushes back against foreign exchanges, continuing a protectionist streak The Central Bank of the Philippines warns the public against using non-local crypto trading platforms.Aug 19, 2022David Attlee
MTV introduces the 'Best Metaverse Performance' award categorySix metaverse musical acts are up for nomination, including Ariana Grande, Justin Bieber and the K-Pop group BTS.Aug 19, 2022Savannah Fortis
Can exchanges create imaginary Bitcoin to dump price? Crypto platform exec answersSerhii Zhdanov called for broader regulation in offshore crypto exchanges that do not go through financial audits.Aug 19, 2022Ezra Reguerra
Crypto market bloodbath leads to over $500M in liquidations in 24 hoursData from crypto analytics firm Glassnode shows Bitcoin futures long liquidations touching a new eight-month high as BTC price crashed below $22,000 on Friday.Aug 19, 2022Prashant Jha
Weak address growth points to Bitcoin price failing to sustain $25KActive addresses did not mimic a previous successful price breakout this month, one analyst says, while seemingly realized price returns as resistance.Aug 19, 2022William Suberg
Hodlnaut cuts 80% of staff, applies for Singapore judicial management Embattled cryptocurrency lending platform Hodlnaut cuts staff ahead of application for judicial management.Aug 19, 2022Gareth Jenkinson
Bitcoin ‘very bearish’ below $22.5K, says trader as BTC price dives 6%Sudden bearish sentiment takes hold as BTC price action returns to an area not seen since late July.Aug 19, 2022William Suberg
Aussie exchange Swyftx cuts staff by 21% amid bear market Australian crypto exchange Swyftx highlighted inflation, a recession, and the bear market as the reasons behind the unfortunate lay-offs.Aug 19, 2022Brian Quarmby
MMORPG went into ‘hiatus’ after crypto investors bailed, denies it misused fundsPhat Loop Studios, the company behind the “Pokemon-like” game Untamed Isles has blamed the crypto market crash as a reason its investors bailed.Aug 19, 2022Ciaran Lyons
US Trustee motions for examiner to probe Celsius’ ‘significant transparency issues’The Trustee overseeing Celsius’ bankruptcy case has requested an examiner to help shed the light on a number of complex issues.Aug 19, 2022Luke Huigsloot
Ripple partners with Travelex to launch enterprise crypto payment service in BrazilThe rollout of Ripple’s fast and cheap On-Demand Liquidity payment service means that enterprises will no longer have to wait three to five days to settle costly cross-border transactions.Aug 19, 2022Brayden Lindrea
Nifty News: NFL All Day opens to the public, Boss Beauties go to Hollywood and more Oscar-winning actor Anthony Hopkins is jumping on the NFT train, while lovers of fine art are set to enjoy a fancy exhibition event in Decentraland next week.Aug 19, 2022Brian Quarmby
Korea’s ‘poop-coin’ reached the end of its pipeline, inventor revealsThough interest in the BeeVi project and its associated digital currency dried up, the Korean professor said he still sees it as a successful endeavor.Aug 19, 2022Brian Newar
‘Programmable money should terrify you’ — Layah HeilpernThe comments come as Layah Heilpern believes CBDCs will give rise to government enforced censorship which will prevent residents from transacting how they wish.Aug 19, 2022Brayden Lindrea
Fortnite developer supports Animoca subsidiary’s blockchain racing game The indie games subsidiary has just received support from Epic Games for its upcoming blockchain-powered P2E racing game Torque Drift 2.Aug 19, 2022Luke Huigsloot
Robinhood lands steep 60% discount on $170M exchange acquisition: ReportThe U.S.-based stock and crypto trading platform has reportedly secured a 60% cut on the initial offer made to Ziglu due to poor market conditions.Aug 19, 2022Brian Newar
US lawmakers appeal directly to 4 mining firms, requesting info on energy consumptionFour members of the U.S. House Committee on Energy and Commerce said they were “deeply concerned” that proof-of-work mining could increase demand for fossil fuels.Aug 18, 2022Turner Wright
Nigeria aims for millions of new eNaira users as it increases features, targets unbankedNigerian Central Bank governor Godwin Emefiele told attendees at the eNaira Hackathon that technical upgrades will add to the attractiveness and accessibility of the CBDC.Aug 18, 2022Derek Andersen
Blockchain venture capital funding down over 43% in July: Report The crypto market downturn is impacting private funding, but are recent declines in capital inflows as bad as the figures suggest?Aug 18, 2022Nick M
Bitcoin ‘liveliness’ lowest since 2021 amid new 5-year BTC hodl recordMore of the BTC supply has stayed in its wallet for five years or longer than ever before.Aug 18, 2022William Suberg
South African Reserve Bank encourages friendly behavior with crypto The banking authority said avoiding risk by cutting off crypto-involved clients may pose a “threat” to financial integrity.Aug 18, 2022Savannah Fortis
Korean financial watchdog to block tens of unregistered exchange websitesKorea's Financial Intelligence Unit is cracking down on foreign-based cryptocurrency exchanges that are yet to register with relevant authorities in the country.Aug 18, 2022Gareth Jenkinson
Coinbase would rather shut down staking than enable on-chain censorship — Brian Armstrong With the ban on Tornado Cash, many DeFi proponents are worried that crypto exchanges, which are also the key validators of Ethereum, will succumb to pressure and impose protocol-level censorship.Aug 18, 2022Prashant Jha
Chinese mining giant Canaan doubles profits despite the blanket crypto banThe Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June.Aug 18, 2022Helen Partz
Ukraine has shown the value cryptocurrency offers to real peopleUkrainian refugees have used cryptocurrency to survive. And contrary to what critics believe, sanctions have prevented Russia from finding much use for crypto.Aug 18, 2022Ian Taylor