Key highlights: While the price of cryptocurrencies continued to rise, the long-awaited rise in NFT trading volume also came. Market-leading marketplace OpenSea has increased its trading volume in Ethereum-based NFTs for the second month in a row, according to Dune data. OpenSea, which managed to increase its trade volume for two consecutive months in January […]

The post <strong>OpenSea NFT Trading Volume Increases In Consecutive Months For The First Time In A Year</strong> appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: OpenSea NFT Trading Volume Increases In Consecutive Months For The First Time In A Year

Key highlights: The crypto winter of 2022 could not prevent the development of Bitcoin mining. Research from the Bitcoin Mining Council (BMC) shows that BTC mining is now both more efficient and more environmentally friendly. 63.8% of BMC members prefer to use sustainable energy. In the report, BMC focused on technological efficiency, electricity consumption, and […]

The post <strong>Bitcoin Mining Is On The Way To Be Efficient And Environmentally Friendly According To BMC Data</strong> appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: Bitcoin Mining Is On The Way To Be Efficient And Environmentally Friendly According To BMC Data

Two main benefits and features are coming to ICONOMI at the start of the new year – significant improvements to our trading engine, the heart behind all transactions on ICONOMI, and a partnership with Elliptic. To start with our engine, it fills two primary functions for traders. First is that as a platform, ICONOMI is […]

The post ICONOMI Announces Major Upgrades And Partnership With Elliptic For Enhanced Trading And Compliance appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: ICONOMI Announces Major Upgrades And Partnership With Elliptic For Enhanced Trading And Compliance

Key highlights: According to the annual report of Electric Capital, a crypto venture capital firm that makes early investments in blockchain projects, there has been a significant increase in the number of blockchain developers. Although we had a very harsh crypto winter in 2022, developers did not neglect to create Web3 and blockchain applications and […]

The post 100% Increase In Blockchain Developers Despite Crypto Winter appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: 100% Increase In Blockchain Developers Despite Crypto Winter

Key highlights: *Ethereum L2 scaling solution Polygon will perform a hard fork today (January 17) at 38,189,056 blocks.*The hard fork that will take place on the Polygon PoS blockchain aims to slow the gas fee increase in the network.*With the upgrade, the block generation time will be reduced from 128 seconds to 32 seconds. The […]

The post Polygon Announces Hard Fork To Improve Network Efficiency appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: Polygon Announces Hard Fork To Improve Network Efficiency

Key highlights: Binance acknowledged that its stablecoin BUSD had experienced under-collateralization and de-peg issues. According to Bloomberg’s report released this week, more than $1 billion in collateral was lost at different times due to early problems in BUSD. The stablecoin BUSD, developed in collaboration with the Paxos Trust, has lost its peg to $1 several […]

The post Binance Admits Past BUSD Stablecoin Flaws And Depreciates More Than Thought appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: Binance Admits Past BUSD Stablecoin Flaws And Depreciates More Than Thought

Key highlights: Ethereum developers announced that the public testnet launch of the Shanghai upgrade could be made in February. The Shanghai upgrade, which was expected to go live on the mainnet in March, was decided to begin testing on the testnet in February, by Ethereum developers at the All-Core Developers Call (ACD) for 2023. The […]

The post Ethereum’s Shanghai Public Testnet To Launch In February appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: Ethereum’s Shanghai Public Testnet To Launch In February

The American-based cryptocurrency exchange known as Coinbase has announced via its website the reduction of its operating expenses by 25%, which includes letting go of 950 people from the company, which represents around 20% of its current workforce. Brian Armstrong, CEO and Co-Founder of Coinbase listed the crypto market trending downwards along with the broader […]

The post Another Crypto Exchange Announces Massive Layoffs appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: Another Crypto Exchange Announces Massive Layoffs

It’s been more than 10 months since the war in Ukraine began, and while the country continues to fight its way through, it also keeps showing signs of improvement in other areas. Today, ANC Pharmacy, one of the largest chains in Ukraine, announced the implementation of cryptocurrencies as a payment option at local pharmacies owned […]

The post People In Ukraine Can Now Use Binance Pay To Pay At Pharmacies appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: People In Ukraine Can Now Use Binance Pay To Pay At Pharmacies

The machines optimized for the sole purpose of mining Bitcoin (BTC), also known as ASIC miners, have fallen over 80% in price per terahash when compared to their peak back in 2021. As ASICs continue to overload the market with its new and used miners, the offer is too high right now, and the demand […]

The post Bear Market Takes A Bite Out Of ASIC Miner Prices appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: Bear Market Takes A Bite Out Of ASIC Miner Prices

When it comes to securing information and making transactions go faster, Blockchain technology is probably one of the most significant breakthroughs we’ve had in the last decades. Many companies have implemented blockchain solutions to improve existing processes, but one particular industry has seen the most benefits from the application of this relatively new tech. The […]

The post VISA Explores New Blockchain Solution To Enable Recurring Payments On Wallets appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: VISA Explores New Blockchain Solution To Enable Recurring Payments On Wallets

The United States Securities and Exchange Commission (SEC) filed charges against Samuel Bankman-Fried. The former FTX CEO was charged with defrauding investors after the downfall of the crypto exchange. According to the press release published by the SEC, Bankman-Fried concealed his diversion of FTX customer’s funds to crypto trading firm Alameda Research while raising more […]

The post <strong>Former FTX CEO Is Charged For Defrauding Investors</strong> appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: Former FTX CEO Is Charged For Defrauding Investors

The FTX collapse keeps on altering the crypto sphere, causing fear amongst users, and even regulators. The latest country to comment on this is the United Kingdom, who according to the Financial Times is currently developing a regulatory framework that would allegedly tighten scrutiny over the whole crypto industry.  Even though the Conservative Party’s new […]

The post UK Regulators Seek To Restrict Crypto Services In The Country appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: UK Regulators Seek To Restrict Crypto Services In The Country

Kraken, one of the biggest cryptocurrency exchanges based in the United States, has agreed to pay more than $360,000 to the Treasury Department’s Office of Foreign Assets Control, or OFAC, to settle potential civil actions related to violating sanctions against Iran. Additionally, the crypto exchange also agreed to invest over $100,000 in sanction compliance controls […]

The post Kraken Settles Potential Lawsuit With The US Treasury Over Iran Sanctions appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: Kraken Settles Potential Lawsuit With The US Treasury Over Iran Sanctions

Over the past few weeks, the FTX disaster has taken everybody by surprise. The scandal keeps on shaking the industry in unexpected ways. The drop in the price of cryptocurrencies has forced other companies to seek financing to survive the crypto winter.  According to Bloomberg, the crypto brokerage company Genesis is struggling to find a […]

The post Genesis Global Denies Bankruptcy Rumors appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: Genesis Global Denies Bankruptcy Rumors

Nayib Bukele, El Salvador’s president, has always been a very strong supporter of Bitcoin (BTC) as a store of value for his country. But even the most bullish individuals took a step back when the whole FTX scandal broke down. Despite this, it appears Bukele is taking on the opportunity to buy more BTC as […]

The post <strong>El Salvador And Justin Sun Commit To Buying 1 BTC Everyday</strong> appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: El Salvador And Justin Sun Commit To Buying 1 BTC Everyday

Changpeng Zhao, Binance CEO, announced on Nov. 8th, 2022, their intention to acquire FTX  after confirming that the exchange had approached Binance to request help after confirming it had significant liquidity issues. According to Zhao’s statement on Twitter, “… This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, […]

The post Binance CEO Backs Out From FTX Acquisition After The Downfall Of Its Token appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: Binance CEO Backs Out From FTX Acquisition After The Downfall Of Its Token

MoneyGram is one of the global leaders in the digital P2P payments industry which allows easy movement of money. With over 150 million users worldwide, the company offers a great […]

The post MoneyGram Adds Crypto Trading Services To Its App appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: MoneyGram Adds Crypto Trading Services To Its App

Epillo Health Systems OÜ is a company focused on consumer health and fitness solutions. Through the implementation of blockchain technology, IoT, artificial intelligence and Web 3.0, the Epillo group aims […]

The post EPILLO Health To Begin The Private Sale Of The EPILLO Token From 30th October, 2022 appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: EPILLO Health To Begin The Private Sale Of The EPILLO Token From 30th October, 2022

Blockchain technology remains one of the most searched for technologies when it comes to improving banking systems. The latest financial entity to join this trend is Santander bank in Brazil; […]

The post Santander Brazil Launches Blockchain-based Platform For Selling Used Cars appeared first on CryptoCoin.News.

Source: Cryptocoin News
Original Post: Santander Brazil Launches Blockchain-based Platform For Selling Used Cars