Crypto News

Binance officially acquires CoinMarketCap for an undisclosed sum

Binance announced that it has completed the acquisition of CoinMarketCap, the world's most-referenced cryptocurrency data tracking site. Over the last couple of years, Binance has made several acquisitions all over the world to make cryptocurrency accessible to people. Earlier,...

Bitcoin mining industry suffers due to coronavirus outbreak.

As the world continues to fight the coronavirus pandemic, financial markets all over the continue to plunge. The Crypto industry also has not been immune to the coronavirus outbreak as the leading cryptocurrency witnessed massive swings last month. The...

Bitcoin payments on the darknet decline during the global pandemic

According to a Chainalysis report, bitcoin payments made on the darknet declined substantially in the last month as the leading cryptocurrency witnessed massive swings in the midst of the global pandemic. However, merchant services on darknet remain relatively resilient...

New York court rules against the distribution of Gram tokens outside the US

U.S. District Judge P. Kevin Castel, On April 1, replied to an inquiry filed by Telegram, said that the encrypted messaging platform will not distribute the tokens to participants in the 2018 initial coin offering (ICO) outside the United...

Brazilian crypto exchange XDEX shuts down, citing regulatory uncertainity.

The Brazilian crypto exchange, XDEX, is now officially closed. The exchange cited market crisis and a lack of clear regulations as reasons for its closure. Customers of the exchange are expected to withdraw all their funds in the next...

Binance is reportedly eyeing to acquire CoinMarketCap in a multi-million dollar deal.

According to a report by The Block, Binance is looking to pay as much as $400 million to acquire the crypto data analysis firm CoinMarketCap. The deal is reportedly in the final stages, and an official announcement is expected...

US hospital faces a ransomware attack during the global pandemic.

The British IT security firm Sophos tweeted that Ryuk’s ransomware had targeted a United States-based healthcare provider. Hospitals are already facing intense pressure due to the ongoing global pandemic as the number of COVID 19 positive continue to increase exponentially.    Ransomware operators...

Bitcoin price continues to hover around $6,000, massive downside movement expected.

At the time of writing, the leading cryptocurrency, bitcoin is changing hands at just above $6,200, with a significant gain in the last 24-hours. But the price of bitcoin is likely to plunge in the coming days as financial...

Malta authorities crack down on unlicensed crypto companies.

The Financial Services Authority in Malta had warned two crypto companies COINMALEX and Crypto Foxtrades that claimed that they are registered and licensed in Malta, but according to MFSA, those claims are false. Malta authorities issued a warning to...

Asian markets including India, China open down | Bitcoin continues Bearish

Stock markets around the world started on a downslide amidst rising Coronavirus cases and tumbling crude oil prices. The West Texas Intermediate (WTI) prices stand at $20.28 a barrel. S&P 500 futures were down 1.1%, and the S&P 500 Index was down 3.4% China's Shanghai...

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Rising Coronavirus cases sends the Dow Jones and S&P 500 spiraling down

The rising number of Coronavirus cases among various states in the US is pretty scary. Data from the World...