Page 21 - Cryptocurrency

SoftBank leads $680 million funding round in NFT fantasy soccer game Sorare

LONDON (Reuters) - Blockchain-based fantasy soccer game Sorare has raised $680 million in a funding round led by SoftBank, with players including ex-England international Rio Ferdinand and Spain's Gerard Pique also investing, the company said on Tuesday.

Bitcoin mining generates tonnes of e-waste every year, says study

Bitcoin mining generates as much as 30.7 metric kilotonnes of e-waste every year as of May 2021 which is comparable to small IT equipment waste produced by countries like the Netherlands

Cryptocurrencies post fifth straight week of inflows, says report

Crypto inflows amounted to $41.6 million for the week ended Sept. 17, with bitcoin getting the bulk of inflows at $15.3 million, and ether products garnering $6.6 million

Evergrande impact: Bitcoin slides to $45,000 as traders pare back on risk

Bitcoin dropped 5.4% to $45,025 as of 9:49 a.m. in London, reaching the lowest level in a week

Theater chain AMC to accept other cryptocurrencies along with bitcoin

The company said in August that it would start accepting bitcoin, the most popular cryptocurrency, by the end of the year.

Walmart says litecoin tieup statement fake; cryptocurrency jolted

Walmart Inc said on Monday that a press release announcing a partnership with litecoin, which briefly led to a nearly 30% surge in the cryptocurrency's price, was fake

India looking to tax crypto trades and ecosystem in the country: Report

The tax department is in favour of taxing crypto exchanges and trades and the government feels that any activity that generates income must pay tax, ET Now reported

Stablecoins face crackdown as US discusses risk council review

After weeks of deliberations, the Treasury Department and other federal agencies are nearing a decision on whether to launch an examination by the Financial Stability Oversight Council: report

SEC threatens to sue Coinbase Global over crypto lending programme

The SEC has threatened to sue Coinbase Global Inc if the crypto exchange goes ahead with plans to launch a programme allowing users to earn interest by lending crypto assets, Coinbase said

Bitcoin nurses losses in wake of El Salvador's glitched rollout

The virtual coin was trading near $46,150 as of 6:31 a.m. in New York

Cryptocurrency prices tumble and exchange trading falters as snags crop up

The price of cryptocurrencies plunged and crypto trading was delayed on Tuesday, a day in which El Salvador ran into snags as the first country to adopt bitcoin as legal tender.

El Salvador becomes first nation to adopt bitcoin as legal currency

President Nayib Bukele, who pushed for adoption of the cryptocurrency, called for help from users who had already downloaded the government-backed app, to test if it was now working properly

Crypto not currency; needs to be regulated as asset: ex-RBI DG Gandhi

He expressed apprehension that there is a possibility of using this virtual asset for criminal activity in absence of regulation and there are numerous instances indicating that.

Bitcoin faces biggest test as El Salvador makes it a legal tender

Both enthusiasts and detractors of crytocurrencies will be monitoring the experiment to see if a significant number of people want to transact with Bitcoin

Bitcoin brings hopes, doubts for Salvadorans in US sending money home

El Salvador is betting that this week's pioneering adoption of Bitcoin will spur its economy, especially one of its most crucial sources of revenue: money sent home by Salvadorans in the United States

Binance removes Singapore products on platform after regulator's warning

Binance said it will restrict its services in Singapore days after the city state's central bank said it should stop offering payment services

Bitcoin breaks back above $50,000 as crypto market continues to rally

The largest cryptocurrency rose as high as $50,363 on Monday, having briefly surpassed $50,000 on Aug. 23 as well -- a level it hadn't hit since mid-May

US SEC charges BitConnect founder Satish Kumbhani with $2 bn crypto fraud

US Securities and Exchange Commission charged BitConnect founder Satish Kumbhani, an Indian citizen, with lying about BitConnect's ability to generate profits

Most used blockchain Go Ethereum averts crisis after software flaw is fixed

About 75% of all users on the Ethereum network utilize Geth as a node to mine the blockchain's native token, Ether, and to create software that runs functions such as decentralized applications.

Cryptos: The only adult in the room

The OnlyFans saga has led to sex-workers looking at Rs currency as an alternative