Cryptocurrency News Feed

DeFi platform Uniswap has exploded in popularity since its debut last year, which has been to the benefit of UNI token holders – especially those who got them completely free for being among the earliest users of the platform. Here’s a look at just how fast the platform and its token have come up in

The U.S. Internal Revenue Service (IRS) has reportedly launched an operation to target cryptocurrency investors. Dubbed “Operation Hidden Treasure,” the team consists of agents trained in the field of cryptocurrency and transaction tracking. Damon Rowe, Executive Director at the IRS Office of Fraud Enforcement, unveiled “Operation Hidden Treasure” last week at a Federal Bar Association

Payments giant Paypal has announced that it is acquiring Tel Aviv-based crypto security infrastructure provider Curv. According to Paypal, this acquisition will help the company “expand its initiatives to support cryptocurrencies and digital assets.” The deal is reportedly worth less than $200 million. Paypal Holdings Inc. (NASDAQ: PYPL) announced Monday “that it has agreed to

On March 3, a group of anonymous art enthusiasts decided to burn an original Banksy screenprint worth roughly £70,000 or around $95,000 USD, and then turned it into a non-fungible token (NFT) asset. The art now exists as an NFT and was auctioned for 228.69 ethereum or $394k using today’s ether exchange rates. However, not

An early morning sell-off in the Bitcoin market hinted at calming down after more corporates revealed their investments into the cryptocurrency. Meitu, renowned globally for its photo editing app, incorporated $17.9 million worth of Bitcoin and $22.1 million worth of Ether (the native cryptocurrency of the second-largest blockchain project, Ethereum) into its balance sheet. In

The Indian finance minister has finally revealed clues about what is in the cryptocurrency bill that is due to be introduced in parliament. Mentioning no crypto ban, she said that the government will take “a very calibrated” approach to cryptocurrencies. Indian Finance Minister Provides Clues on Upcoming Crypto Regulation Indian Finance Minister Nirmala Sitharaman shed

PRESS RELEASE. ESTONIA — MARCH 8, 2021 — YIELD App, the DeFi wealth management platform bridging traditional and digital finance, is pleased to announce the launch of its Ethereum fund, allowing users to earn high-interest returns on their Ether (ETH). Following a successful public launch and token listing (YLD), YIELD App can now offer its

UNI prices slipped on Monday as traders decided to secure their profits after the cryptocurrency rallied to an all-time high in the previous session. Trade Setup The Uniswap decentralized exchange’s governance token was down by up to 5.57 percent to $32.34 during the early European session. Its latest move downhill extended its correction to 7.92

Sohrab Sharma, a co-founder with the now-defunct Florida cryptocurrency firm, Centra Tech, has been sentenced to eight years in prison after he pleaded guilty to charges of duping investors via a fraudulent initial coin offering (ICO). Additionally, the court has ordered Sharma to forfeit $36,088,960. Material Misrepresentations Prior to Sharma’s sentencing, the U.S. Department of

Uniswap’s UNI climbed over 10% and it even broke the $34.00 resistance against the US Dollar. A new all-time high is formed near $34.60 and the price is likely to rise further. UNI gained pace above the $30.00 and $32.00 resistance levels against the US dollar. The price is trading nicely above $34.00 and the

Ethereum started a strong increase above the $1,650 and $1,700 resistance levels against the US Dollar. ETH price is likely to continue higher towards $1,800 in the near term. Ethereum started a fresh increase above the $1,650 and $1,700 resistance levels. The price is now trading well above $1,700 and the 100 hourly simple moving

Bitcoin price gained bullish momentum above the $50,000 resistance against the US Dollar. BTC traded towards $52,000 and it remains supported for more upsides. Bitcoin started a fresh increase above the $50,000 and $50,500 resistance levels. The price is now trading well above $50,000 and the 100 hourly simple moving average. There is a key

Ever since Tesla announced the company held $1.5 billion in bitcoin on its balance sheet during the first week of February, the company’s stocks have dropped over 30%. One analyst says that Tesla’s shareholders would be “very supportive” if the company announced it would sell the bitcoin. Additionally, the shares of Microstrategy’s firm have also

The chairman of investment firm Sanders Morris Harris, George Ball, says cryptocurrencies are an effective hedge against currency debasement. In addition, he says that cryptocurrencies are attractive as a small part of portfolios. George Ball Advocates for Crypto as Hedge Against Currency Debasement George Ball talked about bitcoin and other cryptocurrencies in an interview with

On Sunday, March 7, 2021, the price per bitcoin jumped over the $50k handle once again, as the digital asset’s overall market capitalization is around $925 billion. One thing is for certain, there will never be more than 21 million bitcoin and today there’s roughly 18,647,525 bitcoin in circulation. Interestingly, anyone who owns 21 bitcoin

After Elizabeth Warren, the U.S. Senator for Massachusetts called bitcoin a speculative asset, Ro Khanna, the U.S. House Representative for California has spoken in favor of the crypto asset. In his Twitter statement, Khanna says “bitcoin just like digital gold cannot be devalued.” Khanna also lauds the crypto asset’s decentralization, an attribute which he says

The runaway success of Binance Smart Chain has helped propel the exchange’s utility token to the top of the crypto market top ten, and has attracted some of the industry’s top projects to the chain already. The latest project to expand to Binance Smart Chain is leading DeFi protocol EasyFi. Here’s how this latest move

As more cryptocurrency projects are beginning to understand firsthand, keeping key stakeholders and early investors involved in a project’s ecosystem long-term is tough. With increasing speculation around new blockchain networks, specifically DeFi-focused platforms, cryptocurrencies can see instant price growth as they hit the market. With these profits too high for early investors to forgo, the

Ethereum started a strong increase above the $1,550 and $1,600 resistance levels against the US Dollar. ETH price is likely to continue higher towards the $1,700 and $1,720 resistance levels. ETH price found support near $1,550 and recently started a fresh increase against the US Dollar. The price is trading well above $1,600 and the

Bitcoin price is showing a few positive signs above $48,000 against the US Dollar. BTC is likely to start a strong increase if it settles above $50,000 and the 100 SMA (H4). Bitcoin remained well bid above $43,000 and $45,000 support levels. The price is now approaching the $50,000 resistance and the 100 simple moving

CryptoNinjas » Bitcoin DeFi platform Sovryn reveals $1.25M bug bounty; raises $10M in token presale Sovryn, a Bitcoin-based DeFi protocol, has announced that the Origin presale of its governance token SOV, has raised the equivalent of 10 million USD at a price of 9736 sats per SOV at current prices. The presale close takes the total digital asset funds raised by Sovryn to $16 million. Further, this raise has allowed CryptoNinjas » Bitcoin DeFi platform Sovryn reveals $1.25M bug bounty; raises $10M in token presale

CryptoNinjas » P2P crypto escrow platform Escaroo adds staking function from Moonstake Moonstake, a staking pool protocol platform, today announced a partnership with Escaroo, a keyless blockchain-based peer-to-peer escrow service that offers an advanced smart contract solution for high-profile individual and commercial clients within the real estate, aviation, and marine space. Through this strategic collaboration, Moonstake will help enable staking functionality for the Escaroo escrow platform; providing CryptoNinjas » P2P crypto escrow platform Escaroo adds staking function from Moonstake

CryptoNinjas » SecondState launches Ethereum compatible ParaTime on the Oasis blockchain SecondState, an open-source operating system for the cloud and decentralized web, today announced the launch of its Oasis Ethereum (OETH) ParaTime on the Oasis mainnet. Starting today, developers can use the SecondState Oasis Ethereum ParaTime to deploy decentralized applications on a privacy-first blockchain network and can execute Ethereum smart contracts on the Oasis Network. By CryptoNinjas » SecondState launches Ethereum compatible ParaTime on the Oasis blockchain

CryptoNinjas » NFT platform Curio closes seed funding of $1.2M to fuel expansion Curio, a platform for brands and content owners to create digital fan experiences and collectibles, today announced the closing of $1.2 million in an oversubscribed seed round led by Future Perfect Ventures, with participation from A195 Capital, LongHash Ventures, Moonwhale Ventures, and several others including media veteran Rich Battista, former CEO of Time Inc and CryptoNinjas » NFT platform Curio closes seed funding of $1.2M to fuel expansion

CryptoNinjas » IOTA token added as collateral asset on Bitfinex Borrow Bitfinex, the popular cryptocurrency exchange platform, today announced it has added IOTA as collateral on Bitfinex Borrow; after it was successful in a recent social media poll. An overwhelming majority of Bitfinex’s growing community opted for IOTA; with the token gathering 87.6%  of the votes in a social media poll. “Our customers have spoken. IOTA’s CryptoNinjas » IOTA token added as collateral asset on Bitfinex Borrow

CryptoNinjas » iGaming platform Royale to integrate API3 to verify on-chain crypto-to-fiat price exchange API3, a provider of decentralized and quantifiably secure data feeds for blockchain apps, has announced its newest partnership with Royale Finance, a cross-chain DeFi solution for the iGaming industry. Royale Finance, which raised $1.45 million in January of this year, allows iGaming platforms to be bootstrapped with Web 3.0 liquidity using the security and transparency CryptoNinjas » iGaming platform Royale to integrate API3 to verify on-chain crypto-to-fiat price exchange

CryptoNinjas » Crypto exchange KuCoin opens beta test on new 3x leveraged BTC and ETH tokens KuCoin, a popular bitcoin/cryptocurrency exchange, has announced that its forthcoming leveraged token product has been made available for beta testing. The first set of leveraged tokens offered include bitcoin (BTC) and ether (ETH); with the ability to go long or short: BTC3L, BTC3S, ETH3L, and ETH3S. Beta test invited users will be able to trade CryptoNinjas » Crypto exchange KuCoin opens beta test on new 3x leveraged BTC and ETH tokens

CryptoNinjas » Decentralized cloud Akash Network integrates with Equinix Metal Akash Network, a cloud platform built for DeFi, and decentralized projects, has announced it will be integrating with Equinix Metal to enable developers and companies to decentralize their cloud infrastructure through Akash DeCloud: Mainnet 2. Equinix is the world’s largest data center and colocation infrastructure provider, with 220 data centers in 25 countries. Akash + CryptoNinjas » Decentralized cloud Akash Network integrates with Equinix Metal

CryptoNinjas » Crypto fund KR1 makes investment in blockchain data protocol LazyLedger KR1, a crypto & blockchain asset investment company, had announced that it has invested a total of USD $75,000 into Strange Loop Labs AG, doing business as LazyLedger Labs. The investment company took part in LazyLedger’s seed funding round alongside Cosmos’ Interchain Foundation, Binance, Dokia Capital,  Maven 11, and other investors. LazyLedger is a pluggable CryptoNinjas » Crypto fund KR1 makes investment in blockchain data protocol LazyLedger

CryptoNinjas » DeFi yield optimization protocol ETHA Lend closes $1.6M funding round ETHA Lend, a yield optimizer protocol for DeFi, today announced it has closed a $1.6 million initial funding round from lead investors Digital Finance Group (DFG), AU21 Capital, and Privcode Capital. Other investors include: Vector Capital, Chain Capital, PNYX Venture, Lancer Capital, Oasis Capital, TRG Capital, Candaq Capital, Dealean Capital, Inclusion Capital, Origin Capital, ZB CryptoNinjas » DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

CryptoNinjas » Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain Enjin, the co-creator of the ERC-1155 token standard, today announced it is launching two scaling solutions to remove gas and support fungible and non-fungible tokens (NFTs) from any blockchain: JumpNet, launching on April 6th, and Efinity, launching later in 2021. JumpNet will use Proof of Authority (PoA) consensus logic on a private Ethereum-based blockchain to CryptoNinjas » Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

CryptoNinjas » Creators of crypto wallet Exodus file with SEC for $75M public offering Exodus Movement, Inc., a Delaware corporation and creator of the multi-asset crypto wallet software platform Exodos, on February 26th, 2021, publicly filed its preliminary Offering Circular for the potential sale of up to $75 million in Class A common stock to the public at a price of $27.42 a share. Exodus intends to conduct the CryptoNinjas » Creators of crypto wallet Exodus file with SEC for $75M public offering

CryptoNinjas » Crypto services firm BCB Group raises $4.5M led by North Island Ventures and Blockchain.com Ventures BCB Group, a crypto payment/trading services provider, today announced it has closed a $4.5 million investment round. The strategic funding was co-led by North Island Ventures and Blockchain.com Ventures; with participation from Pantera, L1 Digital, and Pack Capital. As a dual regulated institution, BCB Group offers an end-to-end suite of payment processing, cryptocurrency trading, and CryptoNinjas » Crypto services firm BCB Group raises $4.5M led by North Island Ventures and Blockchain.com Ventures

CryptoNinjas » DEX aggregator 1inch integrates Bitquery’s API-powered crypto trading data 1inch.exchange, an Ethereum decentralized exchange (DEX) aggregator, has announced a new partnership with Bitquery.io (formerly bloxy.info), a blockchain data provider. With this integration, Bitquery will provide a real-time trading data feed on multiple decentralized exchanges and protocols to the 1inch.exchange. This will allow the aggregator to show complex DEX trade data and improve traders’ overall CryptoNinjas » DEX aggregator 1inch integrates Bitquery’s API-powered crypto trading data

CryptoNinjas » Crypto exchange BiKi cooperates with Hacken on security test BiKi, a cryptocurrency exchange company, and Hacken, a blockchain security services ecosystem and platform, announced they have entered into a cooperation agreement whereby Hacken has agreed to conduct a penetration test to identify potential weaknesses of BiKi. To ensure the security of its clients BiKi recently consulted with Hacken, a cybersecurity consulting company with an CryptoNinjas » Crypto exchange BiKi cooperates with Hacken on security test

CryptoNinjas » Binance makes strategic investment in crypto hedge fund Multicoin Capital Binance, the popular crypto exchange and blockchain company, today announced it has made a strategic investment in Multicoin Capital, making Binance a limited partner in the crypto-focused hedge fund. Founded in 2017, Multicoin Capital is a leading crypto investment firm. They are known for their domain expertise, their contrarian, thesis-driven investment style, and their rigorous CryptoNinjas » Binance makes strategic investment in crypto hedge fund Multicoin Capital

CryptoNinjas » Crypto investment platform Unchained Capital closes $5.5M funding round Unchained Capital, a provider of a full-suite platform for individuals and businesses to store long-term wealth in bitcoin with private key ownership, announced today the closing of a $5.5 million equity seed round led by institutional Bitcoin technology and financial services firm NYDIG. In addition to leading the equity round, NYDIG has made an initial CryptoNinjas » Crypto investment platform Unchained Capital closes $5.5M funding round

CryptoNinjas » Crypto fund KR1 cashes portion of Stake DAO (SDT) tokens for $255K KR1, a blockchain & crypto-asset investment company, today announced that it has sold 19,634.15 SDT tokens in the Stake DAO (SDT) project at an average price of USD $13.02 per SDT token, generating proceeds of USD $255,541.98. Stake DAO is an on-chain decentralized finance (DeFi) aggregator and interface, which allows users to deposit funds into CryptoNinjas » Crypto fund KR1 cashes portion of Stake DAO (SDT) tokens for $255K

CryptoNinjas » Cindicator brings ‘Hybrid Intelligence’ data to Bloomberg App Portal users Cindicator, a provider of market sentiments and scores, launched its CND application in the Bloomberg App Portal on the Bloomberg Terminal at {APPS CND <GO>}. Traders and investors can now access earnings indicators produced by Hybrid Intelligence of Cindicator’s 163,000+ users and AI to help generate alpha. The addition of CND to the Bloomberg App CryptoNinjas » Cindicator brings ‘Hybrid Intelligence’ data to Bloomberg App Portal users

CryptoNinjas » SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment SIMBA Chain, a cloud-based Smart Contract as a Service (SCaaS) platform, today announced it is expanding to Avalanche, accelerating its mission to simplify decentralized technologies for builders of all skill sets. By integrating with Avalanche, SIMBA Chain’s platform for streamlined, low-code smart contract deployment will be even more powerful for the projects’ communities and crypto CryptoNinjas » SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment