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iTuber Crypto News

3 Feb, 17:51

The Ethereum network is set to activate the Zhejiang public test network on Feb. 7, as the platform prepares for the Shanghai-Capella upgrade in March. Zhejiang is currently in a preview phase and will be upgraded once more in the coming days for public use.

More info: https://bit.ly/3HVmnms

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iTuber Crypto News

3 Feb, 14:00

"IMF is working on a paper in consultation with us (India) which will focus on "aspects of the monetary policy and the policy approach to crypto assets," said Ajay Seth, Secretary, Department of Economic Affairs.

More info: https://bit.ly/40ojzW5

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iTuber Crypto News

3 Feb, 12:34

Binance has been working to re-enter the South Korean market since it shuttered operations in 2021. As a result, it has acquired a majority stake in the GOPAX exchange, according to Bloomberg. The deal saw Binance purchase about 41.2% of the company’s stake from its largest shareholder, Lee Jun-hung.

More info: https://bit.ly/3X9xQ6s

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iTuber Crypto News

3 Feb, 11:36

Software analytics company MicroStrategy recorded a paper loss of over a billion dollars on its Bitcoin holdings in 2022 but says it has no plans to stop trading the digital asset.

MicroStrategy released its 2022 Q4 and year-end earnings on Feb. 2 showing the recorded impairment charges on its BTC holdings, net of gains on sale, was nearly $1.3 billion over the full year 2022.

More info: https://bit.ly/3Y6FoYL

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iTuber Crypto News

2 Feb, 18:27

MetaMask has introduced a range of features that the project says will give users more control over their data, according to an announcement on Feb. 2. These features include the ability to toggle on or off particular settings that control the transfer of user data to third-party services. These services help users to avoid falling victim to phishing attacks and they also help to decode incoming transactions.

It also made it easier to switch RPC (remote procedure call) providers. RPC providers offer nodes that allow apps like MetaMask to connect to blockchains, enabling such apps to broadcast user transactions to supported network.

More info: https://bit.ly/3YfHoxw

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iTuber Crypto News

2 Feb, 14:54

Bankruptcy-focused investment firm Cherokee Acquisitions has started offering what it calls “put options” to crypto investors to protect their funds on crypto exchanges Binance, Coinbase and Kraken in the event of a bankruptcy.

The monthly fees of the options are 0.25% to 0.35% for funds on Coinbase, 0.35% to 0.45% for Kraken and 0.45% to 0.55% for Binance Holdings Ltd.

More info: https://bit.ly/3JDznyj

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iTuber Crypto News

2 Feb, 13:45

Huang Yiping, a former member of the monetary policy committee at the People’s Bank of China (PBoC), believes that the Chinese government should think again about whether the ban on cryptocurrency trading is sustainable in the long run.

The former official argued that a permanent ban on crypto could result in many missed opportunities for the formal financial system, including those related to blockchain and tokenization.

More info: https://bit.ly/3JEU2lP

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iTuber Crypto News

2 Feb, 12:03

The Puell Multiple is a key metric used to assess the state of the Bitcoin mining industry. It measures the daily average Bitcoin mining revenue divided by the daily average electrical cost of mining. A value of 1 or higher indicates that the mining industry is generating enough revenue to cover its costs, while a value lower than 1 suggests that miners are operating at a loss.

More info: https://bit.ly/3YeQAST

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iTuber Crypto News

2 Feb, 11:19

Bitcoin rose above US$24,000 for the first time since mid-August in Thursday morning trading in Asia before sliding back slightly. It gained along with Ether and most other top 10 non-stablecoin cryptocurrencies after the U.S. Federal Reserve raised interest rates by the expected 25 basis points overnight and Fed chair Jerome Powell said the “disinflationary process” has started in the economy. U.S.

More info: https://bit.ly/3Rn7Lzv

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iTuber Crypto News

1 Feb, 18:31

BNB Chain, a blockchain platform launched by crypto exchange Binance, revealed interest in building a blockchain-based Web3 infrastructure in its new BNB Greenfield white paper.

More info: https://bit.ly/3X36ij6

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iTuber Crypto News

1 Feb, 15:37

Bankrupt cryptocurrency exchange FTX had around $1.4 billion in cash as of the end of 2022, according to an interim financial update filed on Wednesday.

More info: https://bit.ly/3kPRaYG

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iTuber Crypto News

1 Feb, 13:08

Ripple sold $226 million worth of XRP tokens, net of purchases, in Q4, the firm said in its XRP markets report.

The centralized fintech company builds global payment products and developed the XRP payment system, which the firm describes as decentralized. And while Ripple and XRP are separate entities, Ripple uses XRP and XRP's public blockchain to power its various products.

More info: https://bit.ly/40ip1d6

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iTuber Crypto News

1 Feb, 11:20

Tesla lost over $140 million betting on Bitcoin last year, according to a Monday filing with the U.S. Securities and Exchange Commission. The electric car manufacturer took a $204 million impairment charge while gaining $64 million through converting Bitcoin in 2022.

More info: https://bit.ly/3jnuBdE

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iTuber Crypto News

1 Feb, 10:22

Developers will build an intracompany decentralized autonomous organization (DAO) support tool on the Astar Network – one of the first parachains to come to the Polkadot ecosystem – which will allow more efficient business decision-making and team management for Toyota.

"During the event we aim to develop the first proof-of-concept DAO tool for Toyota’s employees," said Sota Watanabe, the founder of Astar Network, in a statement.

More info: https://bit.ly/3YfPmGQ

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iTuber Crypto News

31 Jan, 17:02

The United States Securities and Exchange Commission (SEC) admitted on record that the sale of LBRY tokens in the secondary market doesn’t constitute a security. The settlement came during an appeal hearing in the LBRY vs. SEC case on Jan. 30.

More info: https://bit.ly/40ig4Ra

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iTuber Crypto News

31 Jan, 15:20

The Djed stablecoin was released on the Cardano blockchain after over a year in development. Djed’s value is designed to remain close to the U.S. dollar and is backed by a surplus of Cardano’s native cryptocurrency ADA.

More info: https://bit.ly/3HGm3XB

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iTuber Crypto News

31 Jan, 13:39

Nigeria, the most popular Black nation on earth, with a population of over 200 million people, tops the search for ‘buy Bitcoin‘ on global Google trends. This comes at a time when the country’s election is just a few weeks away.

More info: https://bit.ly/3XXhYFm

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iTuber Crypto News

31 Jan, 11:29

According to a Jan. 30 Financial Times report, two people familiar with Twitter’s plans said that the payments feature will support fiat currencies to start but be built to accommodate cryptocurrencies should the opportunity arise.

More info: https://bit.ly/3Rly1Kh

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iTuber Crypto News

30 Jan, 18:33

Crypto exchange Binance and payments provider Mastercard are teaming up once again, this time to launch a prepaid Binance card in Brazil.

The card will enable Binance users with valid national identification to make purchases and pay bills with cryptocurrencies, according to a company release.

More info: https://bit.ly/40aV1zQ

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iTuber Crypto News

30 Jan, 16:45

The New York Department of Financial Services (NYDFS) is investigating crypto exchange Gemini over claims it made related to the safety of its customers' assets, according to an Axios report on Monday.

Last year, Gemini reportedly claimed repeatedly that its the assets of customers using its Earn product were safe thanks to being backed by the Federal Deposit Insurance Corporation (FDIC). It is against the law for a financial firm to imply that an uninsured product is FDIC-insured.

More info: https://bit.ly/3HGlL3S

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