Latest Cryptocurrency News

Read the latest cryptocurrency news and updates here. We focus on the bitcoin news, ethereum news, NEO, ICOs, prices, blockchain technology, and smart contracts. learn about the cryptocurrencies over here.

UK Government Approaches Crypto Industry to Provide Insights on Regulatory Approach

The U.K. government has issued a document that shows a series of proposals addressing the crypto community. Through the approach, the Treasury is initiating a “regulatory approach to cryptocurrency and stablecoins” for 2021 following the Brexit turmoil. The official announcement stated that the consultation largely targets stablecoins to gather investments and wholesale …

China Introduces New Feature For Digital Yuan

The People’s Bank of China (PBoC) has launched a physical card-wallet initiative to test its digital yuan. Coffee shop staff in a Shanghai-based university hospital was chosen as participants in the pilot. As per the report published by Tencent News, employees at Shanghai Jiao Tong University School of Medicine’s Tongren Hospital …

UK-based Crypto Exmo Hacked, Reports Loss Worth $10.5 Million

Exmo, a U.K.-based digital currency exchange reported on December 21, 2020, the firm had “detected suspicious withdrawal activity” and froze withdrawals. Exmo released an audit report and revealed “large withdrawals” of bitcoin (BTC), XRP, ZEC, USDT, ETC, and ETH. According to the Analysts, Exmo may have lost over $10 million …

Megan Thee Stallion Hands Out Bitcoins Worth $1 Million on Twitter

Cash App, the U.S.-based Bitcoin-friendly payments application has collaborated with Grammy-nominated rapper Megan Thee Stallion on a $1 million Bitcoin (BTC) giveaway. Megan announced the campaign via Twitter on Dec. 17. The rapper encouraged her followers to post “#BITCOINMEG” to be a part of the giveaway. The rapper announced: “I’m …

DeVere CEO Predicts that Bitcoin will Rise 50% and Double in 2021

Dubai-based firm DeVere Group’s CEO, Nigel Green thinks that Bitcoin’s race is only getting started. According to the article published to Newsmax on Thursday, Green openly mentioned that Bitcoin will have another “record-breaking year” in 2021, with prices blooming by at least 50% and “possibly double.” The CEO added: “Some …

Japanese Financial Firm SBI Acquires Crypto Trading Firm B2C2

Japanese financial giant SBI has acquired another crypto company adoption to the industry. SBI Financial Services, a subsidiary of SBI Holdings, has taken over United Kingdom-based crypto trading firm B2C2. On Dec. 16 SBI announced, it has purchased a 90% stake in B2C2, making it a subsidiary.  B2C2 was founded in …

Russian Government Employees to Reveal their Crypto Holdings

Vladimir Putin, the Russian President has signed an order compelling the country’s government employees to disclose their digital currency records. The order specifies that employees must submit details of where they bought the cryptocurrencies and the value thereof by June 30, 2021. Children and spouses of government employees are also …

WordPress Adds Official Ethereum Plugin for Ads

According to the official announcement by WordPress, says that a new crypto plugin that has been added to the platform will allow WordPress publishers to receive ad earnings directly into their Ether (ETH) wallets. The plugin is called EthereumAds which will permit users to utilize advertisement space for ETH using smart contacts.  …

Paxos Plans Become Fully-regulated Crypto Bank

PayPal partner, and stable coin creator, Paxos applied to open a national bank on Wednesday. If approved, Paxos General Trust will be headquartered in New York, licensed to secure digital currencies and execute the duties of a regular trust bank.  On its website, Paxos officially announced the initiative being granted a national trust bank …

Circle CEO Says Hundreds of Millions of Pople Will Use Cryptocurrencies Soon

Team members from Facebook’s ‘Diem’ Association, Circle, Soramitsu, and Coinbase discussed how and when cryptocurrencies are going to be mainstream during the Singapore Fintech Festival. During the conference, Jeremy Allaire, CEO at Circle stated that “third-generation blockchain technology” would see cryptos “in the hands of hundreds of millions, if not billions …