May 2021 | Page 51 of 125 | Last Cryptocurrency News Feed

Bitcoin price could hit $29K next, warns CNBC ‘Chartmaster’

A simple look back at past BTC price dips means that a 55% correction from all-time highs is on the table, says Carter Worth. 2758 Total views 18 Total shares Bitcoin (BTC) could drop to $29,000 and still be testing current support in line with past dips, claims CNBC's "Chartmaster."In an appearance on the network's…

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Amid the Bitcoin Fiasco: Elon Musk No Longer the World’s Second-Richest Person

Tesla’s CEO, Elon Musk, has lost his spot as the world’s second-richest person to the French billionaire investor – Bernard Arnault. Interestingly, this development came after Musk’s adverse comments on bitcoin and the continuous price drop for Tesla’s stocks. Musk Loses Second Spot in Terms of Wealth According to data from the Bloomberg Billionaires Index,…

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US FDIC seeks insight on banks’ role in cryptocurrency markets

The FDIC issued a request for public input to get more information on the industry and consumers’ interests in the market. 1693 Total views 12 Total shares The United States Federal Deposit Insurance Corporation is looking for information and public comments on banks' cryptocurrency-related activities.The FDIC is the major provider of deposit insurance to U.S.…

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Turkish crypto exchange acknowledges 2018 breach with 500,000 users’ data stolen

Criminals tried to sell users’ names, ID numbers, emails and addresses on internet forums. 2168 Total views 20 Total shares Major Turkish crypto exchange BtcTurk came forward about a data breach from mid-2018 that leaked sensitive information of over 500,000 users. According to the official announcement, the stolen data set contains BtcTurk users’ names, citizen ID…

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Coinbase to raise $1.25B via debt securities for institutional investors

With shares in the Nasdaq-listed cryptocurrency exchange continuing to underperform, Coinbase is seeking a $1.25 billion cash injection from institutional investors. 1945 Total views 21 Total shares United States-based cryptocurrency exchange Coinbase seeks to raise $1.25 billion in funds through a proposed private offering for institutional buyers. According to an announcement on May 17, the offering will…

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VANCAT (VANCAT) NFT Marketplace Has Been Listed on BitMart Exchange

[PRESS RELEASE – Please Read Disclaimer] BitMart, a premier global digital asset trading platform, has listed VANCAT (VANCAT) on May 4, 2021. For all BitMart users, the VANCAT/USDT trading pair is now available for trading. VANCAT is an innovative platform that allows users to easily deposit BEP20 tokens into NFTs. The VANCAT token is the…

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Crypto Investors Lost Over $80 Million to Scams in 6 Months, According to FTC Data

The Federal Trade Commission (FTC), an agency which seeks to protect U.S. consumers against fraud, revealed that investors have lost over $80 million to cryptocurrency investment scams between October 2020 and March 2021. Crypto Scam Reports Skyrocket According to a report published by the FTC on Monday (May 17, 2021), the agency noted that it…

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LOCC Completed ILO Raising 300 ETH

[PRESS RELEASE – May 17 2021] A new token of epic ‘PROPULSION’ has entered our solar system. Low Orbit Crypto Cannon (LOCC) is a deflationary defi token that uses powerful and efficient smart contracts on the Ethereum blockchain. Prepare to be “propulsed” into the stratosphere with a single asset staking pool that allows stakers a…

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State-backed digital currencies can disrupt financial systems: Report

While CBDCs could help central banks address the decline in cash payments, some risk factors remain. 3860 Total views 17 Total shares Central bank digital currencies, or CBDCs, could pose a threat to financial systems if related risks are not managed, Big Three credit agency Fitch Ratings has warned.Fitch Ratings released a report on Monday entitled…

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Breakneck speed of crypto adoption could result in whiplash, warns wallet exec

Crypto adoption is booming in 2021, but how long can the celebrity-fuelled hype train last? 3790 Total views 19 Total shares Cryptocurrency adoption on a United Kingdom-based payment app is booming in the first quarter of 2021, but whether that trend continues could depend on the actions of Bitcoin (BTC) evangelists like Elon Musk, warns…