Category: Tech News

Crypto.com Inks Multi-Year Deal With LeBron James and His Education-Focused Nonprofit

2022-01-28 By admin

On Friday, the digital currency exchange Crypto.com announced the company has inked a multi-year partnership with LeBron James and the LeBron James Family Foundation (LJFF). The crypto trading platform notes that the partnership will bolster things like “educational empowerment,” providing access to tools that help build “Web3, and the future of the internet.” LeBron James: […]

Bitcoin, Ethereum Technical Analysis: ETH Down 14% This Week

2022-01-28 By admin

Following a volatile week of trading, the uncertainty in cryptocurrency markets continued on Friday. Overall, the global crypto market cap was almost 2% lower during the session. Bitcoin Thursday’s volatility extended into today’s session, with bitcoin prices continuing to consolidate near its recent support level of $35,600.00. BTC/USD fell to an intraday low of $35,629.28 […]

Cryptsy CEO Indicted for Defrauding Crypto Investors, Destroying Evidence

2022-01-28 By admin

The CEO of cryptocurrency exchange Cryptsy has been indicted in the U.S. The 17-count indictment charges the crypto exchange executive with “tax evasion, wire fraud, money laundering, computer fraud, tampering with records, documents, and other objects, and destruction of records in a federal investigation,” the DOJ said. Cryptsy’s CEO Faces 17-Count Indictment The U.S. Department […]

CoinFLEX’s New AMM+ and the Rise of Crypto Yield 2.0

2022-01-28 By admin

CoinFLEX, a leading derivatives exchange and yield platform, has announced the second iteration of their innovative AMM+ (Automated Market Maker) platform—making the yield-earning product more accessible to everyday investors. AMM+: Leveling up the AMM model on a CeFi platform AMM+ Statistics The revamped AMM+ page now offers users a statistical summary they can easily reference […]

Binance Begins Allowing EUR Deposits and Withdrawals via SEPA Payment Network

2022-01-28 By admin

Crypto exchange Binance has partnered with Paysafe to allow EUR deposits and withdrawals via the SEPA payment network. “The full re-opening of SEPA channels will scale up across the markets in due course,” Binance noted. Binance Resuming SEPA Transfers in Phases Cryptocurrency exchange Binance announced Wednesday that it has “reopened EUR bank transfer by SEPA.” […]

Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens

2022-01-28 By admin

While Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an all-time high, a global shortage of semiconductor chips could slow the growing industry. The shortfall of supply worldwide has disrupted major industries, and manufacturers like Taiwan Semiconductor Manufacturing Company Limited (TSMC) have seen stocks sink in value. At […]