Tether pours $775M into video-sharing platform Rumble
Tether has announced a $775 million strategic investment with video sharing platform Rumble just weeks after the platform announced it would be adding Bitcoin to its balance sheet.
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KB Bank to launch South Korea’s first crypto investment fund
The investment fund will be the first offered by a bank in the country and is expected to include a type of crypto index and ETFs. 392 Total views 27 Total shares Kookmin Bank is preparing to become the first bank in South Korea to offer crypto investment products to retail investors. KB announced on Feb. 21…
This South Korean film festival will be powered by blockchain technology
The event will reward participants with token-based rewards. An upcoming film festival, hosted by the Gyeonggi Film School, will be held from September 25 to October 4. Recently, the festival announced its partnership with MovieBloc, a Blockchain-based media distribution platform.According to Fn News, the festival’s audience will be able to rate each film in real…
Chainalysis alerts rise in crypto hacks and ransom in 2024
Cryptocurrency hackers have been returning to their roots to targeting centralized exchanges amid a spike in the Bitcoin price in 2024.
FTX founder urges regulators to create a unified crypto framework
FTX exchange founder and CEO calls out regulators to create a single regulatory framework for digital assets. 210 Total views 3 Total shares Sam Bankman-Fried, the founder and CEO of crypto exchange FTX, reportedly called out regulators to create a single framework for digital assets in the Asian Financial Forum, an event organized by Hong Kong's…
Yearn Finance price nearly hits $70,000 — What’s driving the YFI bulls?
A lackluster cryptocurrency market did little in offsetting Yearn Finance's bullish bias as the price of its governance token YFI reached new record highs in USD terms on May 11 — just shy of $70,000.YFI price hits new highs in USDThe YFI/USD exchange rate added $6,258, or 10.02%, to reach $68,748 ahead of the London…
CRO price hits new high after Crypto.com wins Los Angeles’ Staples Center naming rights
Crypto.com’s native cryptocurrency, CRO, hit an all-time high of $0.593 on Nov. 18 after the company won the naming rights to Los Angeles’ Staples Center.The cryptocurrency trading platform announced Tuesday night that it had paid $700 million to the Anschutz Entertainment Group to rename Staples Center to Crypto.com for the next 20 years. In doing so, it gained…
Crypto Company Offering Virtual ATMs Hits New Daily Highs — And Aims to Take on Square
A crypto company that enables thousands of retailers to function as virtual ATMs for an array of cryptocurrencies has recently processed its largest single transaction to date, valued at over $3.44 million. Netcoins, which is aiming to simplify the process of buying and selling crypto by offering the public a trustworthy source for making purchases,…
Stocks, China and the dollar: 3 reasons why Bitcoin price is tanking below $40K
Bitcoin (BTC) has hit its lowest price since Feb. 8 and is struggling to maintain $40,000 — but is Elon Musk wholly to blame?Cointelegraph takes a look at other factors working against Bitcoin bulls this week as the market returns to levels that some thought would never appear again.USD bounces off multi-month lowsTesla CEO Elon…