Cryptocurrency news

• Cryptopay EU card provider loses license, company says card funds are safe

  22-06-2023 23:54 via cointelegraph.com
  
  The EU Cryptopay cards may stop working soon as the Bank of Lithuania has revoked the EMI license of the app’s provider, UAB PayrNet.
  
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• NFL Rivals Scores 1M Downloads for NFT-Based Mobile Game

  22-06-2023 23:39
  
  NFL Rivals, a free-to-play game from Mythical Games, has managed to score over a million downloads despite debuting amidst a harsh crypto environment and in the off-season of the NFL itself.
  
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• OPNX Files Defamation Lawsuit Against Mike Dudas, Issues Justice Tokens

  22-06-2023 23:33
  
  The bankruptcy claims exchange from Kyle Davies and Su Zhu – the founders of failed hedge fund Three Arrows Capital – has also issued Justice Tokens that offer exposure to defamation lawsuits.
  
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• Bitcoin and correlations — Examining the relationship between BTC, gold and the Nasdaq

  22-06-2023 23:30 via cointelegraph.com
  
  Bitcoin traders always talk about BTC’s correlation with gold and equities, but how much attention should average investors pay to this discussion?
  
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• Robinhood buys credit card fintech X1 for $95M

  22-06-2023 23:15 via cointelegraph.com
  
  In 2022, X1 claimed to have 500,000 people on its waiting list for a credit card. Over the past two years, the startup has raised $62 million from venture capital firms.
  
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• Prime Trust Has 'Shortfall of Customer Funds,' Nevada Regulator Says

  22-06-2023 23:06
  
  Crypto custody firm Prime Trust has "a shortfall in customer funds" and was unable to meet all withdrawal requests this month, the Nevada Department of Business and Industry said Thursday.
  
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• Crypto enthusiasts are wrong to target Gary Gensler

  22-06-2023 23:06 via cointelegraph.com
  
  Laws in the United States are the problem. Cryptocurrency advocates should focus on changing them — and, in the meantime, consider moving to the European Union.
  
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• CFTC Charges Man With Fraud in ‘Pig Butchering’ Crypto Romance Scam

  22-06-2023 23:01
  
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• Why LINK Is Poised To Outperform Altcoins Sector, Analyst Sets Target For $10

  22-06-2023 23:00 via newsbtc.com
  
  The crypto market keeps scoring profits over today’s trading session as Chainlink (LINK), and others follow in the footsteps of Bitcoin’s rally. The green season could start, but which altcoin will prevail in the race?One analyst shared a theory about LINK’s potential to outperform the altcoins sector and stand as a top gainer in the coming months. As of this writing, Chainlink’s native token trades at $5.6 with a 6% profit in the last 24 hours alone.Chainlink (LINK) Pric
  
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• Cryptocurrency Is Modern Ransomware's Double-Edged Sword ... - Law.com

  22-06-2023 22:46 via news.google.com
  
  Cryptocurrency Is Modern Ransomware's Double-Edged Sword ...  Law.com
  
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• Bitcoin holds $30K as bulls flaunt their advantage in Friday’s $715M BTC options expiry

  22-06-2023 22:40 via cointelegraph.com
  
  News of regulatory enforcement against the crypto sector fell to the wayside as Bitcoin price rallied above $30,000, and options data suggests the trend will continue.
  
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• Bitcoin Bobbles, Then Returns to Perch Above $30.1K as Investors Weigh ETF Prospects, Macroeconomic Data

  22-06-2023 22:30
  
  A hawkish Bank of England rate hike and the latest U.S. jobless claims stirred markets little. A crypto executive writes that approval of a spot bitcoin ETF is “almost certain.”
  
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• Issuing digital euro, or ‘Cash+,’ is probably a duty, French central banker says

  22-06-2023 22:15 via cointelegraph.com
  
  François Villeroy de Galhau tried to soft sell the proposed euro CBDC to commercial bankers, emphasizing collaboration and the CBDC’s advantages.
  
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• Loyalty, Memberships and Ticketing: How NFTs Will Bring About Mass Adoption

  22-06-2023 22:01
  
  The conversation around NFTs has shifted from speculation to utility. Now, major players have opted to use NFTs to power loyalty, membership and ticketing services, signaling positive signs for mass adoption.
  
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• It’s Game On for Web3: How Gaming Will Onboard a Billion People

  22-06-2023 22:01
  
  While other industries like entertainment and loyalty programs have the potential to onboard millions of new users into Web3, gaming provides fertile ground for the seeds of mass adoption. Gamers are already familiar with virtual currency and understand how to buy and earn in-game assets. And while there are nearly 8 billion people in the world, over 3 billion of us play video games pointing to a considerable amount of the population primed for a gamified digital future.
  
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• Engaging the Masses: How Entertainment is Taking Web3 Mainstream

  22-06-2023 22:01
  
  From creating rich NFT ecosystems to integrating crypto payments into existing models, entertainment giants, talent agencies and creative networks continue to find new ways to organically weave in Web3.
  
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• Bitcoin breaks $30,000 and is the center of attention again!

  22-06-2023 22:00 via cointelegraph.com
  
  Bitcoin touches $30,000 and is back on everyone’s radar. Find out what is driving the price forward on this week’s episode of Market Talks.
  
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• Bitcoin soars amid new wave of Wall Street interest in cryptocurrency - Washington Examiner

  22-06-2023 21:36 via news.google.com
  
  Bitcoin soars amid new wave of Wall Street interest in cryptocurrency  Washington Examiner
  
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• How Cryptocurrency and Blockchain Can Help Fight Against ... - BOSS Magazine

  22-06-2023 21:34 via news.google.com
  
  How Cryptocurrency and Blockchain Can Help Fight Against ...  BOSS Magazine
  
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• BlackRock Executive: Knowing Who Counterparties Are Is Key to Engaging Institutions in DeFi

  22-06-2023 21:33
  
  BlackRock's views on KYC will likely carry weight in the ongoing struggle for regulation on the industry, given its ETF application.
  
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• Uniswap Faces Backlash Over Business Source License Imposed On v4 Code

  22-06-2023 21:30 via newsbtc.com
  
  Uniswap, the top decentralized exchange (DEX) in the Decentralized Finance (DeFi) space, has come under fire from developers after imposing a Business Source License (BSL) on its v4 code. 
  According to a report by DL News, this move has restricted other developers from using the code for four years, leading to accusations that Uniswap is betraying its open-source ethos.
  Uniswap’s Open Source Credibility In Question
  DeFi developers have complained that many of the new features outlined
  
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• TrueUSD assures users it has no exposure to troubled Prime Trust

  22-06-2023 21:10 via cointelegraph.com
  
  Stablecoin issuer TrueUSD maintains that it is not affected by the current challenges facing Prime Trust.
  
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• Cryptocurrency LEO Token Up More Than 3% In 24 hours - Benzinga

  22-06-2023 21:00 via news.google.com
  Cryptocurrency LEO Token Up More Than 3% In 24 hours  Benzinga
  
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• The Emergence of Cryptocurrency-Backed Loans and Lending Platforms - Finance Magnates

  22-06-2023 20:50 via news.google.com
  The Emergence of Cryptocurrency-Backed Loans and Lending Platforms  Finance Magnates
  
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• Solana-Based Crypto Lending Platform Jet Pivots to Fixed-Rate Term Lending

  22-06-2023 20:50
  
  The project's new model uses an order book to match borrowers and lenders, relying on a market-based mechanism to set interest rates.
  
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• Banning crypto 'may not be effective in the long run' — IMF

  22-06-2023 20:44 via cointelegraph.com
  
  After proposing a single ledger CBDC payment system, the International Monetary Fund reported on the regulation and use of digital currencies in Latin America and the Caribbean.
  
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• Banning crypto ‘may not be effective in the long run’ — IMF

  22-06-2023 20:44 via cointelegraph.com
  
  After proposing a single ledger CBDC payment system, the International Monetary Fund reported on the regulation and use of digital currencies in Latin America and the Caribbean.
  
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• Tron Founder Justin Sun Unstakes $30M of Ether from Lido, Sends Tokens to Huobi

  22-06-2023 20:37
  
  Crypto wallets linked to Sun still hold some $543 million in Lido’s stETH token, according to Arkham Intelligence data.
  
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• Expert Analysis: IMF Documents And XC Platform Raise Concerns For XRP

  22-06-2023 20:30 via newsbtc.com
  
  The IMF has often recognized crypto assets, especially Ripple (XRP), as instruments facilitating cross-border payments and remittances. Reuters reported that the International Monetary Fund IMF plans to launch a platform to facilitate CBDC creations and transactions. 
  These mentions have always excited the XRP community. But recently, a prominent XRP influencer opined that the new XC platform and IMF cross-border documents are not pro-XRP.  
  IMF Documents and Upcoming Platform Don
  
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• Santander, Crédit Agricole asset arm receives French crypto custody license

  22-06-2023 20:00 via cointelegraph.com
  
  CACEIS's registration comes just in time to avoid the bank being subject to France's new crypto regulations.
  
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• ‘Bitcoin only’ buy-and-hold investment strategy outperforms altcoins over the long term — Analysis shows

  22-06-2023 19:35 via cointelegraph.com
  
  Historical data shows that apart from a few times since 2015 when altcoins outperformed BTC, a ‘Bitcoin only’ investment strategy has fared considerably well.
  
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• Shiba Inu Becomes 14th Largest Cryptocurrency As Bull Rally Heats Up - NewsBTC

  22-06-2023 19:33 via news.google.com
  Shiba Inu Becomes 14th Largest Cryptocurrency As Bull Rally Heats Up  NewsBTC
  
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• Shiba Inu Becomes 14th Largest Cryptocurrency As Bull Rally Heats Up

  22-06-2023 19:30 via newsbtc.com
  
  Shiba Inu has been able to reclaim its position as the 14th largest cryptocurrency in the market following a tremendous run. The meme coin has mirrored the general market sentiment and has been able to embark on an upward rally that has seen it rise double-digits in the last two days.
  The recovery in SHIB’s price is partly attributed to the fact that Bitcoin was able to clear the $30,000 else on Wednesday. However, on its own, the digital asset has also seen some developments that have con
  
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• Shiba Inu Becomes 14th Largest Cryptocurrency As Bull Rally Heats ... - NewsBTC

  22-06-2023 19:30 via news.google.com
  
  Shiba Inu Becomes 14th Largest Cryptocurrency As Bull Rally Heats ...  NewsBTC
  
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• Google launches ‘Anti Money Laundering AI’ after successful HSBC trial

  22-06-2023 19:30 via cointelegraph.com
  
  Google claims the new tools are far more efficient than traditional rules-based approaches at detecting money laundering at scale.
  
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• Brian Armstrong Envisions Coinbase to Eventually Become a 'Super-App'

  22-06-2023 19:03
  
  Coinbase will look more like Tencent's WeChat than the simpler crypto exchange interface of today, Armstrong said.
  
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• How Financial Advisors Can Navigate Crypto’s Turbulent Waters

  22-06-2023 18:55
  
  FAs and RIAs shouldn’t run from crypto and digital assets, as long as they have the right playbook.
  
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• Bitcoin’s Ferocious ETF-Fueled Rally Puts Ether at Weakest Price Versus BTC in 2 Months

  22-06-2023 18:38
  
  The largest cryptocurrency by market cap has benefited from rising investor optimism following multiple filings for spot bitcoin ETFs and its omission from tokens listed in SEC lawsuits earlier this month.
  
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• TrueUSD Says TUSD Stablecoin Has ‘No Exposure’ to Embattled Prime Trust

  22-06-2023 18:37
  
  Stablecoin project TrueUSD said Thursday it had “no exposure” to embattled crypto services company Prime Trust as it raced to shore up confidence in its dollar-backed TUSD.
  
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• SHIB Jumps By 14% In A Single Day, As Shiba Inu “Worldpaper” Gets Closer

  22-06-2023 18:30 via newsbtc.com
  
  The price of Shiba Inu (SHIB) continues on its bullish run, having gathered great momentum in the past week. Following its breakthrough at the $0.000007 threshold, the token price has been on a nearly 20% price upswing.
  What could be driving the price of SHIB? Is the token heading for the $0.00001 price level?
  Shiba Inu Price Action – Journey To $0.00001?
  Indeed, Shiba Inu’s sustained price rally can be attributed to different factors, including exciting project updates. But, the pos
  
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• Pepecoin Becomes Biggest Meme Coin Gainer With 70% Weekly Jump

  22-06-2023 18:25
  
  The tokens racked up $800 million in trading volumes over the past 24 hours, data shows.
  
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• This Is How Scammers Can Drain Your Crypto Wallet

  22-06-2023 18:16
  
  Scammers use a variety of techniques to steal users’ money, some of which only require knowing your wallet address, a Forta Network researcher said.
  
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• Why is cryptocurrency so bad for the environment? - The Fayette Tribune

  22-06-2023 18:15 via news.google.com
  
  Why is cryptocurrency so bad for the environment?  The Fayette Tribune
  
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• Blockchain and Cryptocurrency: A Comprehensive Overview - Inside Bitcoins

  22-06-2023 18:09 via news.google.com
  
  Blockchain and Cryptocurrency: A Comprehensive Overview  Inside Bitcoins
  
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• Social Engineering, 'Ice Phishing' and More: How Scammers Can Drain Your Crypto Wallet

  22-06-2023 17:57
  
  Scammers use a variety of techniques to steal users’ money, some of which only require knowing your wallet address, a Forta Network researcher said.
  
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• BlackRock Bitcoin spot ETF nod ‘unlikely in near term’ — QCP Capital

  22-06-2023 17:47 via cointelegraph.com
  
  Bitcoin spot ETFs face a brick wall, at least for the time being, from SEC Chair Gary Gensler, new research concludes.
  
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• BlackRock Bitcoin spot ETF nod 'unlikely in near term' — QCP Capital

  22-06-2023 17:47 via cointelegraph.com
  
  Bitcoin spot ETFs face a brick wall, at least for the time being, from SEC Chair Gary Gensler, new research concludes.
  
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• BitGo terminates acquisition of Prime Trust

  22-06-2023 17:43 via cointelegraph.com
  
  The acquisition was called off two weeks after BitGo publicly disclosed its non-binding letter of intent to acquire Prime Trust.
  
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• PEPE Surges By 34% Amid General Market Recovery

  22-06-2023 17:30 via newsbtc.com
  
  Meme season sensation Pepecoin (PEPE) has gained by 34.23% in the last day as the crypto market maintains its Bitcoin-fuelled recovery.
  According to data from CoinMarketCap, PEPE’s impressive price movement has allowed the token to emerge as the top gainer of the day, outperforming the likes of Conflux (CFX) and Stacks (STX) who have held the headlines in recent days. 
  PEPE initially began the week slowly, showing no significant price movement on Monday, June 19,  as it hovered a
  
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• Crypto Custody Firm BitGo Cancels Acquisition of Rival Prime Trust

  22-06-2023 17:11
  
  Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one former client told CoinDesk.
  
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