Category Archives: Cryptocurrency News

Curve Finance launches Ethereum-based crvUSD stablecoin

The developers of the decentralized exchange Curve Finance announced the launch of the crvUSD stablecoin on the main Ethereum network. Smart contracts for the functioning of the token have already been successfully deployed, but the user interface for working with them is not yet ready and is under development. “As many have seen, we have already deployed crvUSD smart contracts. However, the process is not yet complete as the user interface needs to be deployed.…

Santiment: Bitcoin Whales Purchased BTC for 1.8 Billion

According to Santiment’s April reporting data, large bitcoin investors increased their asset holdings in the first cryptocurrency by 64,000 BTC (about $1.8 billion). In their report, Santiment analysts note that bitcoin whales set their sights on replenishing BTC reserves, despite the opinion that the final direction of the asset’s price movement has not yet been formed. Large investors still adhere to the belief about the prospect of growth in BTC. Illustrating their observations, Santiment experts…

CertiK: In April, the loss of crypto projects during hacker attacks amounted to more than $103 million

According to CertiK, a cybersecurity and audit company, over $103 million was stolen from crypto projects in April as a result of hacker attacks. CertiK specialists published on Twitter a report on exploits, cases of fraud and hacking of cryptocurrency platforms. Since the beginning of the year, the total losses of users amounted to $429.7 million, but April was especially overshadowed by major incidents. So, at the very beginning of the month, the attacker carried…

CedarFX – Trade with the First Eco-Conscious Broker

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Media: Funding for Miami crypto startups fell by 92%

Venture capital investments in crypto projects in Florida’s capital city decreased by 92% in the first quarter of the year, while funding for start-ups from Silicon Valley fell by 53%. According to observers, the fall in investment interest in crypto-currency projects in Miami was partly due to the slowdown and scandals in the crypto-currency industry in the United States. Which was once so strong in Miami that the city installed a version of the charging…

CryptoQuant: Bitcoin Leverage Drops to 2021 Low

According to the analytical company CruptoQuant, the leverage ratio for bitcoin has reached an all-time low of 0.195, previously demonstrated in December 2021. The leverage ratio is an indicator used by experts to assess the price volatility of digital assets in the long term. Leverage allows investors to open positions for amounts greater than their assets deposited on the exchange. In part, it is mass liquidations of traders’ stock positions that bring volatility to the…

Visa recruits employees for cryptocurrency projects

One of the largest payment companies Visa continues to work on its cryptocurrency projects and is looking for talented employees in the cryptocurrency division in London. According to the terms of the vacancies, employees need to be in the office only 2-3 days a week, and the rest of the time they can work from home. Visa is looking for people with experience building “highly available and scalable platforms” and passionate about Web3 technologies. It…

Ripple is considering exiting the US

Ripple may follow the example of the Coinbase exchange – the company is already considering options for moving business outside the United States due to the ongoing legal battle with the SEC. Ripple’s international policy adviser Susan Friedman, commenting on the recent adoption of the law on the regulation of cryptocurrencies in the European Union (MiCA), announced a high assessment of the activities of European legislators and the company’s readiness to consider possible growth options…

Changpeng Zhao invited Elon Musk to fight Twitter bots with cryptocurrencies

The CEO of the largest cryptocurrency exchange Binance offered the owner of Twitter to fight bots with the help of a special commission in cryptocurrency. “Another way to reduce the number of bots and increase revenue is to add the option ‘people you don’t follow must pay $0.x per comment’. The system will make comments too expensive for bots and can be easily implemented with crypto,” explained Changpeng Zhao. The head of Binance promised to…

The European Parliament voted for the implementation of the MiCA bill

The European Parliament has approved the EU Cryptocurrency Regulation Bill (MiCA), which will set clear standards for the industry and protect crypto investors. The MiCA regulatory framework was supported by 517 members of the EU Parliament, 38 people voted against. The bill came almost five months after the infamous FTX crash, so MiCA aims to prevent such situations from happening. Politicians also supported a separate law requiring virtual asset service providers (VASPs) to identify their…