13% of Unbanked Americans Haved Used Cryptocurrency For Payments And Transfers, FED Survey Finds

13% of Unbanked Americans Haved Used Cryptocurrency For Payments And Transfers, FED Survey Finds

Cryptocurrency adoption is growing in the United States, and according to a survey by the Federal Reserve, the unbanked are leading the revolution.

Luxury Fashion House Balenciaga Accepts Payments in BTC and ETH (Report)

Luxury Fashion House Balenciaga Accepts Payments in BTC and ETH (Report)

Balenciaga is the latest fashion brand to embrace cryptocurrencies as a payment method.

Sumitomo Mitsui Trust to Establlish a Crypto Firm Targeting Instiutional Clients

Sumitomo Mitsui Trust to Establlish a Crypto Firm Targeting Instiutional Clients

The newly-founded firm Japan Digital Asset Trust will also work on a yen-denominated stablecoin to meet the growing interest toward the Metaverse

Crypto Regulation is Among Australia’s New PM Primary Concerns (Report)

Crypto Regulation is Among Australia’s New PM Primary Concerns (Report)

Anthony Albanese's cabinet will focus mainly on climate change, the rise of cost-of-living, and cryptocurrency regulations.

Just a Hunch? Analysts Point to an Uptick in Crypto Insider Trading

Just a Hunch? Analysts Point to an Uptick in Crypto Insider Trading

A recent WSJ report points to some suspicious activity from crypto investors upon certain tokens getting listed on the largest exchanges.

China’s BSN Ready With Blockchain Cloud Service for August Launch: Report  

China’s BSN Ready With Blockchain Cloud Service for August Launch: Report  

The Chinese government-backed non-crypto blockchain infrastructure will be available to businesses for quick and cost-effective deployment of technology.

Do Kwon Advises Against Burning LUNA Days After Sharing a Burn Address

Do Kwon Advises Against Burning LUNA Days After Sharing a Burn Address

Two days after sharing a LUNA burn address, Do Kwon made a u-turn noting that burning LUNA will not improve the state of the Terra ecosystem.  

GameStop Rolls Out Self-Custodial Wallet for Cryptocurrencies and NFTs

GameStop Rolls Out Self-Custodial Wallet for Cryptocurrencies and NFTs

GameStop's latest release is part of its wider pivot into the digital asset space. 

Negative Streak Continues: Bitcoin Registers 8 Consecutive Weekly Candle in Red

Negative Streak Continues: Bitcoin Registers 8 Consecutive Weekly Candle in Red

Bitcoin's troubles have worsened as the asset has not closed a weekly candle in the green since late March.

Christine Lagarde’s Son Is a Crypto Investor Despite Her Anti-Bitcoin Stance

Christine Lagarde’s Son Is a Crypto Investor Despite Her Anti-Bitcoin Stance

The son of the highly vocal crypto critic has entered the cryptocurrency market, despite her concerns.

NFT Artist Beeple’s Twitter Account Hacked as Phishing Attacks Continue to Wreak Havoc

NFT Artist Beeple’s Twitter Account Hacked as Phishing Attacks Continue to Wreak Havoc

NFT artist Beeple's Twitter account was hacked as part of a cryptocurrency phishing attack.

Another Crypto Bet: Drake Lost $234K in BTC on the F1 Spanish GP

Another Crypto Bet: Drake Lost $234K in BTC on the F1 Spanish GP

The Canadian singer Drake lost $234,000 worth of bitcoin because Charles Leclerc did not win Spain's Grand Prix.

CoinSwitch CEO Pitches for Regulatory Clarity, Certainty, Peace  

CoinSwitch CEO Pitches for Regulatory Clarity, Certainty, Peace  

The Andreessen-backed crypto exchange's top executive also identifies areas where regulations are required.

CFTC Charges Two Men Behind $44 Million Crypto Ponzi Scheme

CFTC Charges Two Men Behind $44 Million Crypto Ponzi Scheme

Two men have been charged by the US CFTC for operating a fraudulent crypto scheme that caused investors to lose $44 million. 

Delphi Digital Explains How the LUNA-UST Fiasco Harmed the Firm

Delphi Digital Explains How the LUNA-UST Fiasco Harmed the Firm

The cryptocurrency research and investment firm is hoping to learn a lesson from the Terra crash after suffering a large unrealized loss.

OpenSea Announces Smart NFT Marketplace Seaport

OpenSea Announces Smart NFT Marketplace Seaport

The world’s most popular nonfungible token (NFT) marketplace, OpenSea, is expanding its operations with the launch of a brand new platform.

Litecoin Activates MimbleWimble Extension Blocks (MWEB)

Litecoin Activates MimbleWimble Extension Blocks (MWEB)

Privacy opt-ins via MimbleWimble Extension Block have finally arrived on Litecoin.

The Reasons Why Some Crypto Skeptics Have Not Entered the Market: Survey

The Reasons Why Some Crypto Skeptics Have Not Entered the Market: Survey

42% of the poll participants said they don't invest in crypto because they don't understand the value of the assets, while 35% view the industry as a scam.

Swiss Luxury Watchmaker Tag Heuer Accepts Bitcoin, Shiba Inu, Stablecoin Payments in the US

Swiss Luxury Watchmaker Tag Heuer Accepts Bitcoin, Shiba Inu, Stablecoin Payments in the US

The Swiss luxury watchmaker did not cancel the possibility of offering cryptocurrency payments in stores in the future.

Stablecoins May Not Be Part of SEC’s Jurisdiction, Commissioner Peirce Says

Stablecoins May Not Be Part of SEC’s Jurisdiction, Commissioner Peirce Says

U.S. SEC Commissioner Hester Peirce said Congress is looking into details about regulating cryptocurrencies and stablecoins.

Terraform Labs Has Paid in Full its Taxes in South Korea, Says Do Kwon

Terraform Labs Has Paid in Full its Taxes in South Korea, Says Do Kwon

Terraform's Do Kwon refuted reports that the company owns nearly $80 million in taxes to the South Korean government.

a16z Reiterates Bullish Thesis on Web3, Compares it to the Internet’s Early Days

a16z Reiterates Bullish Thesis on Web3, Compares it to the Internet’s Early Days

Leading VC firm Andreessen Horowitz predicted Web3 could reach 1 billion users by 2031.

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