Cryptocurrencies News

LONDON (Reuters) – British asset manager abrdn has bought a stake in digital assets exchange Archax, amid a wider push by investors into crypto-assets despite a recent plunge in value.

Tornado Cash has been in the crosshairs since the United States’ OFAC blacklisted the crypto service provider earlier this week.

By Elizabeth Howcroft LONDON (Reuters) – Cryptocurrency derivatives trading on centralised exchanges rose to $3.12 trillion in July, a 13% monthly increase, researcher CryptoCompare said on Thursday, as crypto prices show signs of recovery from the recent market crash.

By Tom Wilson and Medha Singh (Reuters) – Another day, another hack – and another blockchain bridge burned.

(Reuters) – BlackRock Inc, the world’s biggest asset manager, has launched a spot bitcoin private trust for institutional clients in the United States, according to a blog post on its website.

Investors will now be asking the most difficult question of all. Is a bull run on the cards? Three signs suggest an end to the crypto winter.

Coinbase is under investigation for its token listing processes, staking programs and yield-generating products

By Andrea Shalal and Ivan Lyubysh-Kirdey

Hotbit is in hot water after becoming yet another crypto exchange to join the growing list of firms suspending withdrawals.

Ripple Labs is ‘interested’ in Celsius and its assets, which could aid Ripple’s business amid the latter’s bankruptcy filings.

SYDNEY (Reuters) – Nearly half of Australian retail investors owned cryptocurrency in late 2021 and more got their information from YouTube videos than from financial advisers, the securities watchdog said on Thursday, calling the data a “strong case for regulation”.

By Marcelo Rochabrun LIMA (Reuters) – Binance, the world’s largest cryptocurrency exchange, is seeing a surge in clients due to rising inflation and a historically strong dollar that has depressed emerging market currencies, an executive told Reuters on Wednesday, without disclosing numbers.

Fresh gains provided much-needed relief to the sore eyes of crypto traders and investors as BTC, ETH, and major altcoins like AVAX rallied on renewed bullish sentiment after the easing inflation.

(Reuters) – San Francisco-based blockchain payments company Ripple Labs Inc is interested in potentially purchasing assets of bankrupt crypto lender Celsius Network, according to a company spokesperson.

A successful PoW to PoS merge of Ethereum’s Goerli testnet on Thursday would green light the mainnet’s transition in September.

US inflation figures delivered the crypto market with a much-needed boost, as investors responded to an annual rate of inflation of 8.5%.

Reddit has formed a partnership with FTX to enable users to pay gas fees on transactions using Community Points.

DNS spoofing was used to hack the site’s frontend, while the curve.exchange frontend remained unaffected.

Coinbase shares slide as crypto winter takes a bigger bite. Disappointing earnings results and a gloomy outlook leave Coinbase shares under pressure.

More crypto options will be layered into how people pay as merchant adoption is set to skyrocket in two years.