Cryptocurrency News

[ad_1] Electric vehicle maker Tesla sold most of its Bitcoin (BTC) holdings in the second quarter, according to new financial disclosures released on Wednesday. “As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency,” Tesla said in its quarterly statement. “Conversions in Q2 added $936M of cash […]

[ad_1] Key Takeaways The Justice Department announced today it was able to seize half a million dollars from North Korean hackers. The group had used a new strain of ransomware, “Maui,” to freeze the servers of two U.S. hospitals, which had to pay out $100,000 and $120,000 in Bitcoin to regain access to their computers.

[ad_1] The Ethereum-centric and decentralized protocols software firm Consensys has announced the launch of TURN token, or “Time-Unit Representative NFTs.” Consensys details that TURN tokens will create a new market for tokenized security auditing via Consensys Diligence, the firm’s smart contract audit service. Consensys Diligence to Launch TURN Tokens in Mid-August From August 15th to

[ad_1] No one can say that the crypto winter is over yet, But the good news is that Bitcoin and ETH seem to have gained significant momentum in the past 24 hours. This greenish price movement has caused many investors to liquidate their short positions. Another good news is that the global crypto market cap

[ad_1] Celsius Network’s repayment options to creditors suggest either accepting “cash at a discount” or remaining long-term crypto holders, but this is yet to be decided as the crypto lender’s bankruptcy case carries on. Celsius filed for court protection against bankruptcy last week. The crypto lender’s case involves billions of dollars of customers’ assets tied

[ad_1] In this week’s newsletter, read about the most expensive CryptoPunk sale in 30 days. Check out the report that predicts the growth of the NFT market in 2030 and actor Bill Murray’s biographical NFT project. Additionally, you can learn about the successful tech demo of the Otherside Metaverse. And don’t forget about this week’s

[ad_1] Key Takeaways At least seven cryptocurrency exchanges were raided by South Korean officials today in apparent connection with ongoing investigations into Terraform Labs. Among other legal troubles, the company and its founders are said to be under investigation for running an alleged Ponzi scheme. Terra’s collapse was a watershed moment in the history of

[ad_1] Cryptocurrency exchange Zipmex has halted withdrawals due to “volatile market conditions, and the resulting financial difficulties of our key business partners.” The exchange operates in Singapore, Australia, Indonesia, and Thailand. Zipmex Pauses Withdrawals Crypto exchange Zipmex, which operates in Singapore, Australia, Indonesia, and Thailand, has become the latest crypto company to halt withdrawals. The

[ad_1] The crypto market remains in the green with major gains over the past weeks. The general sentiment in the market is shifting as Bitcoin, Ethereum, and other top 10 altcoins regain previously lost territory. Related Reading | Why Bitcoin Must Beat $25,500 To Establish A Bull Rally The chances of an extended bullish momentum seem

[ad_1] Bitcoin (BTC) has regained momentum and reclaimed the $23K level, but this begs the question if this uptick is short-lived, given that the Federal Reserve (Fed) has adopted the strategy of continuously increasing the interest rate.  Mike McGlone, a senior Bloomberg Intelligence commodity strategist, delved deeper into the issue and stated: “The Fed