Tag: Cryptocurrency News

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The Nightly Mint: Daily NFT Recap

Welcome to the Nightly Mint – a new content series from our team at NewsBTC that provides all the quick hits at the end of each day around all things NFT. Each weekday, we’re bringing you a daily NFT recap of the latest bites of action – spanning across news headlines, community chatter, and a…
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Binance Donates $10M To Ukraine And Launches Emergency Relief Fund

It is no surprise that international support for Ukraine continues to grow following the invasion by Russia. After Russia invaded Ukraine, experts from every sector started getting worried about worse cases. For example, cybersecurity experts started answering if a global cyberwar is about to unfold. The crypto money industry did not remain idle either. Binance,…
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VeChain Foundation Announces New Stablecoin, Could It Create Fresh Demand For VET?

The VeChain Foundation has started 2022 with a potential major announcement. Via their official Twitter handle, the organization hinted at the possible released of a new native stablecoin called VeUSD. Related Reading | VeChain Foundation Welcomes New DEX To Its Ecosystem The Foundation little details on this new product but announced its followers that it’ll…
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President Bukele Predicts BTC At $100k With Hope That More Countries Adopt It As Legal Tender

El Salvador President Nayib Bukele tweeted his forecasts for Bitcoin in the year on New Year’s Day 2022, making some rather bullish predictions. Bukele Make Bullish Predictions On Bitcoin Under Bukele’s presidency, El Salvador became the first government to embrace Bitcoin as legal tender last year as a countermeasure to the country’s rising inflation. Since…
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Eminem Buys Bored Ape Yacht Club NFT That Looks Like Him For $452K

Eminem, the Grammy Award-winning rapper, has joined the Bored Ape Yacht Club (BAYC), purchasing one of the non-fungible token (NFT) apes for 123.45 ether ($462,000) on the OpenSea platform. Eminem Buys BAYC NFT Eminem, the famed Detroit rapper, has joined the Bored Ape Yacht Club (BAYC). The NFT, named “EminApe,” depicts Eminem’s iconic Bored Ape…
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Largest DeFi Hack Yet? BadgerDAO Hack Results In Loss Of $120M+

There are high ceilings and low floors when it comes to crypto at times. Another hack came to life this week, and early reports have stated that the hack was a front-end compromise that led to users being tricked into approving unwanted transactions. The news comes after a $35M DeFi hack of the Vee Finance…
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Terra Begins LUNA Burning, Why It Could Target $140

Terra (LUNA) has surged during the past week after a period of consolidation as the network has begun burning the supply of its native token. As of press time, LUNA trades at $51,16 with a 5% loss in the daily chart. LUNA with signs of recovery in the 4-hour chart. Source: LUNAUSDT Tradingview Related Reading…
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Uganda Targets Cryptocurrencies in Ponzi Scheme Crackdown

The Ugandan government is reported to be making moves in banning pyramid schemes, which may put additional restriction for cryptocurrency usage and reporting. Ugandan legislators are exploring the role of cryptocurrencies in connection with pyramid scheme frauds that are often found in the country, local newspaper PML Daily reported on Feb. 4. While legislators are…
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Tether Catching Up With BTC and ETH in Payments, Bloomberg Reports

Stablecoin Tether (USDT) has gained popularity as a payment method, catching up with Bitcoin and Ether according to a Bloomberg report. Stablecoin Tether (USDT) is gaining popularity as a payment method, with some analysts seeing it catching up with Bitcoin (BTC) and Ether (ETH). As Bloomberg reported on Oct. 25, cryptocurrency payments processor CoinPayments registered…
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