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September 2022

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Coinbase denies The Wall Street Journal’s proprietary trading allegations

Coinbase has denied allegations from The Wall Street Journal that it engaged in proprietary trading. The exchange said Sept. 22 that the WSJ  had confused its client-driven activities with proprietary trading. Proprietary trading allegation The Journal reported earlier on Sept. 22 that Coinbase created a trading group that used $100 million of the company funds to trade cryptocurrencies. According to the report, the […]

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Billionaire Mike Novogratz Explains When We Will ‘See a Big, Big Rally in Crypto’

On Tuesday (September 20), billionaire investor Mike Novogratz was asked to share his thoughts on the crypto market. Former hedge fund manager Novogratz is the Founder and CEO of Galaxy Digital, “a technology-driven financial services and investment management firm that provides institutions and direct clients with a full suite of financial solutions spanning the digital assets ecosystem.” Novogratz’s comments

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Helium Foundation announces migration to Solana following community vote

QUICK TAKE The Helium Foundation has announced Helium Network’s migration to the Solana blockchain following a community vote. Helium has run on its own blockchain since its inception in 2019 but will now migrate to Solana to scale to meet the demands of builders and users. The Helium Foundation has announced the migration of the Helium Network,

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Opera Crypto Browser Integrates Elrond, Blockdaemon Partners With a Banking Giant, KuCoin Going Glocal + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Adoption news Opera Crypto Browser, the Web3-focused browser with native support for decentralized applications (dapps) and a non-custodial wallet, is announcing plans to expand its suite of networks by integrating the Elrond (EGLD) blockchain. Following the

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Here’s Why The Bitcoin Price is Down But Far From Out

The bitcoin price remains down today, with its 0.5% gain in the past 24 hours cancelled out by a 5% drop in a week and 10% fall in a month. However, it has rebounded by nearly 4.8% since reaching a 24-hour low of $18,262 yesterday, which it did in the wake of the Federal Reserve

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Variant leads $18.5 million fundraise for developer platform Hyperlane

QUICK TAKE Web3 fund Variant has led an $18.5 million round into developer platform Hyperlane. Galaxy Digital, CoinFund, Circle, Figment, Blockdaemon, Kraken Ventures and NFX also participated in the round. Hyperlane, a startup that helps developers connect applications across different blockchains, has raised $18.5 million from web investment firm Variant. Galaxy Digital, CoinFund, Circle, Figment, Blockdaemon,

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Russian officials approve use of crypto for cross-border payments: Report

Deputy Finance Minister Alexei Moiseev said the policy describes “how to acquire cryptocurrency, what can be done with it” and its use in cross-border settlements. NEWS   The Bank of Russia and the country’s Ministry of Finance have reportedly reached an agreement allowing cross-border settlements in cryptocurrencies. According to a Thursday report from the Russia-based

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$ADA: Cardano Ecosystem Ready for Vasil Hard Fork After Meeting ‘Critical Mass Indicators

The Cardano ($ADA) community has confirmed it is ready for the network’s Vasil hard fork after it managed to achieve all three “critical mass indicators” necessary for the upgrade to go smoothly. The Vasil hard fork is scheduled to occur in the next few hours. According to a Twitter thread shared by the company behind

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This Bitcoin long-term holder metric is nearing the BTC price ‘bottom zone’

Bitcoin accumulation is in full swing during the downtrend despite BTC price having more room to drop. MARKET ANALYSIS   A Bitcoin (BTC) on-chain indicator, which tracks the amount of coin supply held by long-term holders (LTH) in losses, is signaling that a market bottom could be close. Eerily accurate Bitcoin bottom pundit As of

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