Indian Bank and Card Service Provider Warn Against Virtual Currency Transactions

HDFC Bank and SBI Card have warned cryptocurrency users in India against transacting in digital currencies. The post Indian Bank and Card Service Provider Warn Against Virtual Currency Transactions appeared first on BeInCrypto. дальше »

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Five BitConnect Promoters Sued for Marketing and Selling Unregistered Securities

The United States Securities and Exchange Commission (SEC) has taken legal action against five individuals promoting the defunct cryptocurrency exchange BitConnect. The post Five BitConnect Promoters Sued for Marketing and Selling Unregistered Securities appeared first on BeInCrypto. дальше »

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Crypto Experts Weigh in on SOL and BSC as Real Competitors to ETH

Crypto experts have weighed in on the battle for second spot as Solana (SOL) and Binance Chain (BSC) continue to show mass adoption, while Ethereum (ETH) scaling issues continue. The post Crypto Experts Weigh in on SOL and BSC as Real Competitors to ETH appeared first on BeInCrypto. дальше »

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OpenOcean Becomes First DEX Aggregator to Expand to Solana (SOL)

The decentralized exchange (DEX) aggregator OpenOcean has announced its expansion to Solana (SOL). Becoming the first aggregator of its kind to do so. The post OpenOcean Becomes First DEX Aggregator to Expand to Solana (SOL) appeared first on BeInCrypto. дальше »

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ADA Bounces After Retesting Previous All-Time High

Cardano (ADA) has been moving downwards since reaching an all-time high price of $2.51

The post ADA Bounces After Retesting Previous All-Time High appeared first on BeInCrypto.

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ShapeShift’s NFT Report Shines Light on the Future of the Industry

"A bear market for NFT prices, when it happens, will not mean that the concept is somehow invalidated. We’re only getting started," the report reads. The post ShapeShift’s NFT Report Shines Light on the Future of the Industry appeared first on BeInCrypto. дальше »

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South Korea to Impose 20% Income Tax on Crypto Transactions

Beginning in the 2022 tax year, stock and bond investors will be taxed on capital gains that are over 50 million won, or $45,000. The post South Korea to Impose 20% Income Tax on Crypto Transactions appeared first on BeInCrypto. дальше »

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‘First’ Carbon-Neutral Bitcoin Asset on Celo Blockchain Launched

Wrapped announced the launch of eBTC, which is being dubbed as the first carbon-neutral, or “green,” bitcoin-backed asset. The post ‘First’ Carbon-Neutral Bitcoin Asset on Celo Blockchain Launched appeared first on BeInCrypto. дальше »

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BTCD Resumes Downtrend, After Strong Bounce

The Bitcoin Dominance Rate (BTCD) has been decreasing alongside a descending resistance line since Jan. 3, 2021. It bounced on May 19. The post BTCD Resumes Downtrend, After Strong Bounce appeared first on BeInCrypto. дальше »

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Significant Progress in Testing of ‘Fully Decentralized’ IOTA Announced

Now, IOTA will focus on the next stage of their project labeled Nectar, which could be launched in a matter of weeks The post Significant Progress in Testing of ‘Fully Decentralized’ IOTA Announced appeared first on BeInCrypto. дальше »

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The Magnificent Seven: TFUEL, THETA, HNT, MATIC, CEL, ENJ, UNI — Biggest Gainers, May 21—28

BeInCrypto takes a look at the seven altcoins that increased the most over the past seven days, from May 21 to May 28. The post The Magnificent Seven: TFUEL, THETA, HNT, MATIC, CEL, ENJ, UNI — Biggest Gainers, May 21—28 appeared first on BeInCrypto. дальше »

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As Environmentalists Boycott Bitcoin, the Crypto Community Takes Action

Despite recent moves by bitcoin into mainstream media, concerns continue to mount over bitcoin's impact on the environment. The post As Environmentalists Boycott Bitcoin, the Crypto Community Takes Action appeared first on BeInCrypto. дальше »

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BurgerSwap Experiences Flash Loan Attack, Loses $7 Million

The total amount received by the attackers was 8,800 WBNB, a 493 WBNB swapped to 108,700 BURGER on BurgerSwap. The post BurgerSwap Experiences Flash Loan Attack, Loses $7 Million appeared first on BeInCrypto. дальше »

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Swedish Central Bank Working With Commercial Lender on CBDC

The tests will focus on how the country’s proposed digital currency, the e-krona, would handle payments in the real world. The post Swedish Central Bank Working With Commercial Lender on CBDC appeared first on BeInCrypto. дальше »

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CipherTrace Providing Analytics Support for Binance Smart Chain

Blockchain analytics and cryptocurrency intelligence company CipherTrace is now providing analytics support for Binance Smart Chain (BSC). The post CipherTrace Providing Analytics Support for Binance Smart Chain appeared first on BeInCrypto. дальше »

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Bank of Japan Embracing Stablecoins Potential but Still Wary of Crypto

Bank of Japan Governor Haruhiko Kuroda has joined the ranks of many central bankers denouncing bitcoin but admits there is potential in stablecoins. The post Bank of Japan Embracing Stablecoins Potential but Still Wary of Crypto appeared first on BeInCrypto. дальше »

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The Hateful Eight: LUNA, HT, WAVES, OKB, REV, COMP, SOL, ICP—Biggest Losers May 21-28

BeInCrypto takes a look at the eight altcoins that decreased the most over the past seven days, from May 21 to May 28. The post The Hateful Eight: LUNA, HT, WAVES, OKB, REV, COMP, SOL, ICP—Biggest Losers May 21-28 appeared first on BeInCrypto. дальше »

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Australia Pressures 600,000 Crypto Users to Pay Their Taxes

The Australian Tax Office (ATO) put out a statement addressing the country's 600,000 crypto users to pay taxes on their gains during the next tax period. The post Australia Pressures 600,000 Crypto Users to Pay Their Taxes appeared first on BeInCrypto. дальше »

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What Changed in Crypto Markets While You Were Sleeping — May 28

BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep. The post What Changed in Crypto Markets While You Were Sleeping — May 28 appeared first on BeInCrypto. дальше »

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WisdomTree Becomes Second to File for Ethereum ETF in the US

Asset manager WisdomTree has filed for an Ethereum (ETH) exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC). The post WisdomTree Becomes Second to File for Ethereum ETF in the US appeared first on BeInCrypto. дальше »

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Bitcoin (BTC) Struggles To Sustain Rally After Breakout

The price of Bitcoin (BTC) has been increasing since May 19 but is struggling to sustain the upward movement. The post Bitcoin (BTC) Struggles To Sustain Rally After Breakout appeared first on BeInCrypto. дальше »

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Cardano Alonzo Smart Contracts Platform Testnet Launches

Input Output Hong Kong has launched the testnet for the Cardano Alonzo smart contracts platform and revealed its rollout plan. The post Cardano Alonzo Smart Contracts Platform Testnet Launches appeared first on BeInCrypto. дальше »

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MakerDAO Unveils Scaling and Multi-Chain Strategy Roadmap

The largest decentralized finance’s (DeFi) protocol, MakerDAO, has revealed its scaling strategies for moving forwards in a multi-chain environment. The post MakerDAO Unveils Scaling and Multi-Chain Strategy Roadmap appeared first on BeInCrypto. дальше »

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How to Deal With Pump & Dumps: BIC’s Video News Show

Crypto pump and dump schemes have increased lately. So, we decided to make a video about them looking into what they are and how to protect yourself. The post How to Deal With Pump & Dumps: BIC’s Video News Show appeared first on BeInCrypto. дальше »

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NFT Trading Volume Increases Amid Crypto Crash, Report

Despite the market crash, users have been purchasing, trading, and selling an average of 85,787 NFTs, with a total value of $5,8 million per day, The post NFT Trading Volume Increases Amid Crypto Crash, Report appeared first on BeInCrypto. дальше »

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OFAC Makes Second Request for Chainalysis’s Blockchain Analytics Tools

The requested application will be used by investigators in order to properly analyze and monitor virtual currency transactions. The post OFAC Makes Second Request for Chainalysis’s Blockchain Analytics Tools appeared first on BeInCrypto. дальше »

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DeFi Coins Bounce, Pursue Reclaim of Critical Resistances

Chainlink (LINK) is following a descending resistance line and facing resistance at $34.1. Short-term indicators are turning bullish. The post DeFi Coins Bounce, Pursue Reclaim of Critical Resistances appeared first on BeInCrypto. дальше »

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Bitcoin Should be Part of Your Retirement Plan, Says Scaramucci

Anthony Scaramucci has doubled down on his push for Americans to invest sooner rather than later in the world’s most popular digital currency. The post Bitcoin Should be Part of Your Retirement Plan, Says Scaramucci appeared first on BeInCrypto. дальше »

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Gold, Stocks, and Bitcoin: Weekly Overview, May 27

Graphics-chip maker Nvidia had a spectacular week. Gold has largely continued its upwards trend from the past few weeks. Bitcoin continues to struggle. The post Gold, Stocks, and Bitcoin: Weekly Overview, May 27 appeared first on BeInCrypto. дальше »

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Bank of Canada CBDC to Be of Less Harm to Environment Than Bitcoin, Deputy Says

Timothy Lane has stated that the energy-intensive process is paramount in how much the public trusts cryptocurrencies. The post Bank of Canada CBDC to Be of Less Harm to Environment Than Bitcoin, Deputy Says appeared first on BeInCrypto. дальше »

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Ethereum’s Transition to PoS Does Not Threaten Cardano, Says Hoskinson

In creating Cardano, Charles Hoskinson explained that he wanted to use all the benefits of blockchain technology to try and improve the developing world. The post Ethereum’s Transition to PoS Does Not Threaten Cardano, Says Hoskinson appeared first on BeInCrypto. дальше »

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CRV Temporarily Stops Decrease, With Strong Bounce

Curve Dao Token (CRV) has been moving downwards since April 16, but has bounced at the long-term $1.24 support area, the 0.786 Fib level. The post CRV Temporarily Stops Decrease, With Strong Bounce appeared first on BeInCrypto. дальше »

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Piers Ridyard, CEO of Radix, Talks About Building ‘DeFi Done Right’

BeinCrypto spoke to Piers Ridyard, CEO of Radix, about his protocol’s novel solutions to critical DeFi issues. The post Piers Ridyard, CEO of Radix, Talks About Building ‘DeFi Done Right’ appeared first on BeInCrypto. дальше »

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Blockchain Infrastructure Firm Bitfarms Revenue Up 209% in Q1 2021

Blockchain infrastructure company Bitfarms generated $28.4 million in revenue during Q1 2021, an increase of 209% from last year. The post Blockchain Infrastructure Firm Bitfarms Revenue Up 209% in Q1 2021 appeared first on BeInCrypto. дальше »

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On-Chain Analysis: Stablecoin Supply Ratio Hits Record Low

A look at on-chain indicators, more specifically the Stablecoin Supply Ratio (SSR) and Tether (USDT) supply on exchanges. The post On-Chain Analysis: Stablecoin Supply Ratio Hits Record Low appeared first on BeInCrypto. дальше »

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Chile Deploys Blockchain to Track Renewable Energy Usage

Using Renova, the government and other stakeholders aim to prove that the mining is actually energy efficient using renewable energy. The post Chile Deploys Blockchain to Track Renewable Energy Usage appeared first on BeInCrypto. дальше »

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Ripple CEO Says IPO Highly Likely After SEC Case Concludes

Ripple CEO, Brad Garlinghouse, says its "highly likely" that the company will go public after its SEC lawsuit is concluded. The post Ripple CEO Says IPO Highly Likely After SEC Case Concludes appeared first on BeInCrypto. дальше »

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Polygon-Based DFYN Reports User Growth of 128% in 24 Hours

Multi-chain exchange DFYN, which operates on the Polygon Network, has seen a massive influx of new users in a very short span of time. The post Polygon-Based DFYN Reports User Growth of 128% in 24 Hours appeared first on BeInCrypto. дальше »

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Ripple Announces Partnerships Across MENA Amid Ongoing Strife With SEC

Yesterday’s announcement that Ripple would be working with Bank Dhofar opens the door to another of the top remittance corridors in India. The post Ripple Announces Partnerships Across MENA Amid Ongoing Strife With SEC appeared first on BeInCrypto. дальше »

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COMP Regains Footing, After New Yearly Low

Compound (COMP) has been decreasing since May 12 and on May 23 reached a new yearly low. It has been bouncing since May 23. The post COMP Regains Footing, After New Yearly Low appeared first on BeInCrypto. дальше »

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Bitcoin Mining Companies Eye North America, as China’s Regulations Grow

Recent crackdowns by Beijing to combat bitcoin mining have shifted the focus of companies who produce mining hardware to North America and Central Asia. The post Bitcoin Mining Companies Eye North America, as China’s Regulations Grow appeared first on BeInCrypto. дальше »

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3/4 of Latin American Youth Interested in Crypto, Highlights Mastercard VP

The senior VP emphasized that the pandemic increased electronic payments online, as few could make cash payments at physical locations. The post 3/4 of Latin American Youth Interested in Crypto, Highlights Mastercard VP appeared first on BeInCrypto. дальше »

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NFTs for Charities — How Tokens Are Raising Money for Non-Profits

Non-fungible tokens (NFTs) continue to trend, but they aren’t just a way to claim ownership over digital art. People are finding ways to use NFTs to give back. The post NFTs for Charities — How Tokens Are Raising Money for Non-Profits appeared first on BeInCrypto. дальше »

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Apple Gently Hints at Move Into Alternative Payments Sector

This job description alone is encouraging for the whole cryptocurrency market as Apple have, until, shown no desire to move towards alternative payments partnerships. The post Apple Gently Hints at Move Into Alternative Payments Sector appeared first on BeInCrypto. дальше »

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Indonesian Exchange Acquires $6M in Series A Funding Led by Pantera Capital

As an exchange, Pintu specializes in first-time crypto investors. One of its projects is the Pintu Academy, which helps new traders to learn more about crypto. The post Indonesian Exchange Acquires $6M in Series A Funding Led by Pantera Capital appeared first on BeInCrypto. дальше »

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NFT Coins Work Towards Reversal, After Sizeable Bounces

Decentraland (MANA) has bounced at a long-term Fib support level but is still following a short-term descending resistance line. The post NFT Coins Work Towards Reversal, After Sizeable Bounces appeared first on BeInCrypto. дальше »

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Bitcoin Swings Affect Broader Market, No Longer a ‘Fringe Asset’

The BTC portion of the analysis points out that it only grew to be an asset class, with a sizable market cap, late last year. The post Bitcoin Swings Affect Broader Market, No Longer a ‘Fringe Asset’ appeared first on BeInCrypto. дальше »

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Terranova Picks: MoonStarter, Moving Beyond a Single Blockchain

MoonStarter is to be a single-stop, multi-chain launchpad for projects without distinction of the blockchain used, especially for its IDO. The post Terranova Picks: MoonStarter, Moving Beyond a Single Blockchain appeared first on BeInCrypto. дальше »

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Ethereum Announces Progress With Beacon Chain Upgrade

Ethereum has announced its progress with the Beacon Chain and Altair upgrade, as well as some other new developments for Ethereum. The post Ethereum Announces Progress With Beacon Chain Upgrade appeared first on BeInCrypto. дальше »

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SUSHI Bounces, Attempts to Break Out Above Crucial Resistance

Sushiswap (SUSHI) has been moving upwards since bouncing on May 23. The bounce caused a retest of the $9.25 area, which acts as support. The post SUSHI Bounces, Attempts to Break Out Above Crucial Resistance appeared first on BeInCrypto. дальше »

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