Cryptocurrencies News

(Reuters) – Crypto lenders, which boomed during the COVID-19 pandemic, have run into difficulties recently due to a slump brought on by the downfall of a major token in May and a global risk-off sentiment.

By John McCrank and Megan Davies (Reuters) – Sam Bankman-Fried, head of one of the largest cryptocurrency exchanges, FTX, said he and his company still have a “few billion” on hand to shore up struggling firms that could further destabilize the digital asset industry, but that

Meta sees NFTs as an opportunity to lure creators to its Facebook and Instagram apps by offering them ways to monetize their art or services.

The second quarter of 2022 was the worst performance period for Bitcoin (BTC-USD) in the last 11 years, as its price collapsed by almost 60% from $45,000 to less than $19,000.

(Reuters) – Voyager Digital has filed for bankruptcy, the crypto lender said in a statement on Wednesday, a week after suspending withdrawals, trading and deposits to its platform as it sought additional time to explore strategic alternatives.

HMRC is seeking input from investors, professionals and organisations involved in DeFi-related activities

Voyager Digital has filed for bankruptcy a week after suspending withdrawals, trading and deposits

SHANGHAI (Reuters) – A hacker has claimed to have procured a trove of personal information from the Shanghai police on one billion Chinese citizens, which tech experts say, if true, would be one of the biggest data breaches in history.

Policymakers in the United States are still no closer to developing a central bank digital currency (CBDC) following the latest Federal Reserve meeting this week.

By Elizabeth Howcroft (Reuters) – The NFT dream isn’t dead, but it’s taken a big non-fungible beating.

New data shows that last week’s crypto inflows were mostly made up of short Bitcoin investment products

Trading volumes at three major crypto exchanges in India have fallen more than 60% since the government imposed 1% TDS for trading cryptos.

The world’s first crypto water token aims to improve water delivery infrastructure globally

The cryptocurrency network, which has been struggling to keep itself alive for the past few weeks, is on track to pay back the loan it took from Maker.

The Peter Thiel-backed cryptocurrency lending and borrowing platform Vauld has become the latest in a growing list of companies facing liquidity problems.

DappRadar has launched a new cross-chain token staking mechanism that minimises fees related to staking

Nano blockchain network uses Open Representative Voting (ORV) consensus mechanism and has an energy footprint for one transaction being 0.00012kWh.

FTX has struck a deal to buy troubled crypto lender BlockFi for as much as $240 million

Meta, the company formerly known as Facebook, has announced plans to axe its embattled cryptocurrency wallet project, Novi.

The latest big crypto company to pull the plug on trading, deposits, and withdrawals is the digital asset brokerage Voyager Digital.