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The Latest Breaking News from Cryptocurrency

Could Terra's Stablecoin Struggles Affect The Circle SPAC Deal And Valuation?

Stablecoins have dominated the headlines in the world of cryptocurrency this week with the crash of several coins. The downward moves and negative connotations building for stablecoins could spell trouble for a SPAC deal that involves a leading stablecoin company.

Benzinga

Nomura Forays Into Metaverse To Tap Opportunities That Could Reach $600B By End Of Decade

Japan's leading brokerage Nomura Holdings Inc (NYSE:NMR), built a team to help firms tap opportunities in the metaverse, Bloomberg reports. Nomura joins rival Wall Street giants in exploring opportunities in the virtual reality market that could reach $600 billion by the end of the decade, Bloomberg wrote. Nomura's plans for the metaverse are…

Benzinga

This Wallet Just Transferred $44M Worth Of BTC Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $44,695,051 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ

Benzinga

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Someone Just Sent 1,658 Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $50,352,799 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 19TqXjwJYgG9SyLrjCW5wite9CV4QDtotp

Benzinga

Anonymous Crypto Wallet Moves $73M Worth Of Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $73,282,868 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 17vU11S5Lg9gg6E74Fvh8Da68fTwz6DpPZ

Benzinga

Bitcoin Bull Mike Novogratz's Conviction In Terra (LUNA) Was So High, He Got It Tattooed On His Arm — Now, It's A 'Constant Reminder' Of 'Humility'

Galaxy Digital Holdings Ltd (OTC: BRPHF) CEO Mike Novogratz has written a letter to shareholders of the company and the cryptocurrency community at large touching on Terra (CRYPTO: LUNA) and TerraUSD (C

Benzinga

Dogecoin Daily: Price Slumps Further, Founder Receives Jeff Bezos Praise And More

Dogecoin (CRYPTO: DOGE) fell 4.5% to $0.085 over 24 hours leading up to early Thursday morning. DOGE tracked losses in major coins as the global cryptocurrency market cap declined 3.8% to $1.2 trillion at press time.

Benzinga

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Crypto crash ‘will not affect Bitcoin mining’s climate cost’

The computing power required to support Bitcoin’s underlying network requires nearly as much energy as the entire country of Argentina

The Independent UK

Commonwealth Bank pauses in-app cryptocurrency trading after market turmoil

Bank says it will pause rollout of app-based trading of assets like bitcoin and Ethereum pending further regulation

The Guardian - AU

Bitcoin, Ethereum, Dogecoin Pulled Down By Equities' Slide As Focus Shifts To Fed's Hawkishness

Bitcoin, Ethereum and other major coins crashed on Wednesday evening, as the global cryptocurrency market cap lost more than 6.4% to $1.2 trillion at press time.

Benzinga

Is Imax Going To Offer A Cryptocurrency To Customers Just For Watching A Movie?

Movie lovers could be in for a treat in the future, with the potential to be rewarded just for going to the movies or watching a movie at home.

Benzinga

This Twitter-Suspended Crypto Developer's Blockchain Social Network Claims To Handle Elon Musk's Concerns

Finnish cryptocurrency developer Stani Kulechov built a blockchain-based social network, Lens Protocol, available for anyone to access, Bloomberg, reports. Each piece of content is associated with a nonfungible token, giving the creator ownership over their post. Twitter, Inc (NYSE:TWTR) recently suspended Kulechov's account following a joke saying the social media company selected him as…

Benzinga

Bitcoin Miners Start Selling: Rate Of BTC Being Sent To Exchanges At 1-Month High

Some Bitcoin (CRYPTO: BTC) miners may be feeling a bit insecure about their commitment to the world's leading cryptocurrency, at least that's one interpretation of on-chain data showing that they are increasingly selling their holdings.

Benzinga

Was Terra (LUNA) A Pyramid Scheme? Here's What Bill Ackman Says

The collapse of cryptocurrency Terra has been one of the most talked-about topics in the crypto world over the past few weeks. A famous hedge fund manager weighed in with his take on the situation and offered up a harsh comparison.

Benzinga

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news in one place.

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Benzinga

Anonymous Crypto Wallet Moves $51M Worth Of Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $51,511,781 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1Hm44kKQrydTszKrCCnAR6jzC1624J6SEL

Benzinga

Anonymous Crypto Wallet Moves $59M Worth Of Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $59,935,437 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1qslalczjgcee23u5w5796updj596k66qscu5s9z

Benzinga

$73M In Bitcoin Was Just Transferred Onto Coinbase

The Guardian - UK

Crypto crash unlikely to reduce its climate impact, expert says

Enormous energy consumption has barely reduced despite $1tn being wiped off the sector

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news in one place.

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Evening Standard

How to buy SafeMoon

SafeMoon (SFM) is a cryptocurrency on the Binance Smart Chain blockchain and is headed by John Karony, a former US Department of Defense analyst.

Benzinga

Dogecoin Daily: Price Heads Lower, Why You 'Shouldn't Send Your Coins' To Elon Musk And More

Dogecoin (CRYPTO: DOGE) traded 3.2% lower at $0.086 over 24 hours leading up to early Wednesday morning. DOGE slipped into the red alongside other major coins as the global cryptocurrency market cap declined 3.5% to $1.27 trillion.

Benzinga

Investors Flee From Bitcoin As Addresses Sending BTC To Crypto Exchanges Reach 4-Year High

Holders of the world's first cryptocurrency Bitcoin (CRYPTO: BTC) are seemingly emptying their bags after the collapse of cryptocurrency Terra (CRYPTO: LUNA), which occurred when the price of stabl

Benzinga

Baidu's Chip Affiliate Explores Second Funding Round, Wants To Capitalize On Growing Appetite From Venture Capitalists

Baidu, Inc (NASDAQ:BIDU) chip affiliate Kunlun discussed raising 2 billion yuan ($317 million) in its second funding round, Bloomberg reports. Kunlun has deployed its AI chips to power Baidu's core searching services, and the new financing will help it further expand its client base beyond its parent in a market dominated by Nvidia Corp (NASDAQ:NVDA). Demand…

Benzinga

Why Are Ethereum (ETH) Users 'Willing To Pay' Over $15M In Fees?

A report from venture capital firm a16z’s cryptocurrency research team delves into why Ethereum (CRYPTO: ETH) remains the most popular smart contract network despite its expensive gas fees.

Benzinga

Coinbase Plans To Slow Hiring Amid Crypto Market Downturn

Major crypto exchange Coinbase Global Inc (NASDAQ: COIN) plans to slow hiring in the wake of rapidly declining cryptocurrency prices. What Happened: In an announcement on Tuesday, Coinbase said it would be reprioritizing its hiring needs after the current market downturn.

Benzinga

Bitcoin, Ethereum, Dogecoin Gains Trail Stocks — Fed Chair Warns Of Pain Yet To Come In Fight Against Inflation

Bitcoin and other major digital coins were in the green at press time, as the global cryptocurrency market cap increased 2.7% to $1.3 trillion.

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