Dubai grants crypto exchange Binance a virtual asset licence
The world’s largest cryptocurrency exchange Binance has been granted a licence to conduct some operations in Dubai, the company said on Wednesday, from where it plans to carry out ...
Cryptocurrencies in a time of war
Cryptocurrencies have been close to the headlines since Russia invaded Ukraine, with the ever-volatile bitcoin in demand in Russia and beyond.
Here are some charts that look at how cryptocurrencies ...
Cryptoverse: Bitcoin could be laid low by miners’ malady
Bitcoin miners are feeling the heat – and the pain’s rippling downstream to pressure prices.
The cryptocurrency’s spectacular rally in 2021 drew thousands of entrants into mining, or producing new ...
Intel launches blockchain chip to tap crypto boom
Intel Corp on Friday launched a new chip for blockchain applications such as Bitcoin mining and minting NFTs to cash in on the rising usage of cryptocurrencies.
The chip will ...
Global regulators going ‘full steam’ to tame crypto currencies
Regulators came late to the fast evolving cross-border world of cryptoassets but they could come up with their first global framework of rules within months, a senior official said on ...
Crypto donations soar to groups backing Ukraine’s government
Bitcoin donations have soared to Ukrainian volunteer and hacking groups, some of which have supplied equipment to government forces, according to a report showing such groups received more than $550,000 worth ...
Unreal demand? Irregular sales worth billions fire up wild NFT market
On Jan. 12, an image of a computer-generated pixelated person was sold for about $50.6 million worth of cryptocurrency on a new online marketplace that caters for non-fungible tokens.
It gets stranger.
...
Non-fungible tokens (NFTs): the next chapter in crypto
By Maria Demertzis
Non-fungible tokens, or NFTs, are the next hype in the crypto world. According to Collins Dictionary ‘NFT’ was the 2021 word of the year.
But what are they ...
Bitcoin squeezes smaller rivals to its crown
Bitcoin is beginning to reassert its dominance over challengers to its cryptocurrency crown.
The original digital coin was assailed by thousands of new “altcoin” competitors in 2021 – from Solana and Polkadot ...
Bitcoin skids to six-month low as fears over Ukraine shake markets
Bitcoin tumbled to its lowest level in six months on Monday as fears of a Russian attack on Ukraine saw riskier assets worldwide extend their sell-off.
The largest cryptocurrency was ...
Bitcoin falls 6.1 per cent to $47,607
Bitcoin dropped 6.13 per cent to $47,606.92 on Tuesday, losing $3,111.19 from its previous close.
Bitcoin, the world’s biggest and best-known cryptocurrency, is down 31 per cent from the year’s high of $69,000 ...
Boost for blockchain in China as Xinhua to issue photos as NFTs
The official Xinhua news agency said on Wednesday it will issue a digital media photo collection via non-fungible tokens (NFTs), a first for China and a boost for the blockchain ...
Crypto exchange Binance signs Dubai World Trade Centre deal
Cryptocurrency exchange Binance said on Tuesday it had signed a cooperation deal with Dubai World Trade Centre Authority, which is working to set up an international virtual asset ecosystem.
The ...
Bitcoin rises 2.1 per cent to reclaim $50,000
Bitcoin rose on Sunday to reclaim levels above $50,000.
The world’s biggest and best-known cryptocurrency gained 2.11 per cent to $50,445.34 at 1803 GMT on Sunday, adding $1,044.80 to its previous close.
Bitcoin is ...
Visa launches crypto advisory service for financial institutions, merchants
Visa Inc (V.N), the world’s largest payment processor, on Wednesday launched a global crypto advisory service for clients such as banks and also merchants, as the adoption of ...
Amid Bukele’s bitcoin hype, not all Salvadorans ‘Feel the Bit’
El Salvador’s President Nayib Bukele took the stage last weekend at the end of “Bitcoin Week” to the cheers of fans delighted his Central American country has become the ...
Nicosia restaurant to accept crypto currencies
A Nicosia restaurant announced it will be accepting payments with cryptocurrencies, the first such business to introduce this, it said on Thursday.
Think 30, located on Stasikratous Street in Nicosia, citing ...
Can you ‘own’ a goal? Collectible NFTs rolling into elite soccer
It might have seemed a long shot a year ago when a company built a digital platform for basketball fans to buy and trade video highlights of NBA games that ...
Robinhood to begin testing crypto wallets, with broader launch in early 2022
Robinhood Markets Inc (HOOD.O) said on Wednesday it plans to begin testing cryptocurrency wallets next month, with a broader rollout in early 2022, allowing its users to move supported digital ...
Cryptocurrencies post fifth straight week of inflows
Cryptocurrency investment products and funds saw inflows for a fifth consecutive week as market sentiment on the sector continued to improve, data from digital asset manager CoinShares showed on Monday.
...
Cinema chain will accept other cryptocurrencies along with Bitcoin
AMC Entertainment (AMC.N) CEO Adam Aron said on Wednesday AMC Theatres will accept Bitcoin for online ticket and concession payments, and similarly accept other cryptocurrencies like Ethereum, Litecoin and ...
NatWest chair sees digital pound piloted within five years
Britain will be piloting a digital version of the pound within a few years to cut the cost of money transfers, NatWest bank chairman Howard Davies said on Tuesday.
Central ...
Coinbase upsizes debt offering to $2 bln
US cryptocurrency exchange Coinbase Global Inc (COIN.O) said on Tuesday it increased the size of its debt offering to about $2 billion from previously announced $1.5 billion, citing market interest.
The ...
CySEC issues missive on crypto assets
The Cyprus Securities and Exchange Commission (CySEC) has released a policy statement on cryptocurrency assets, calling on service providers to comply with regulations and warning investors of the risks involved.
...