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    Daily News

    Crypto News with Coinmonks

    We provide daily updates on the crypto market, covering everything from a flicker in DOGE to Bitcoin adoption by El Salvador.

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    Latest Episodes:
    Singapore to Charge Income Tax on NFT Trading | Dubai passes New Crypto Law | Coinmonks News #101 Mar 12, 2022

    Dubai passes new crypto law and institutes a regulator to supervise the sector.

    FCA issues termination order for Bitcoin ATMs

    Bank of Israel issues draft guidelines on cryptocurrency AML/CFT

    Singapore to Charge Income Tax on NFT Trading, says FM Lawrence Wong


    Personal Information is Scarce, But Does Coinbase Value it? | Coinmonks News #100 Mar 11, 2022

    Personal Information is Scarce, But Does Coinbase Value it?

    Binance unveils plans for world domination by buying up companies in every sector

    Ethereum gas fees drop to lowest levels since August 2021

    Russian Parliament working group: There should be 'mechanisms to control crypto transactions' [


    Ukraine to Raise Funds by Selling NFTs | Binance CEO Considers to Buy Chelsea Football Club | Coinmonks News #99 Mar 10, 2022

    Ukraine is Looking to Raise Funds by Selling NFTs

    Janet Yellen let slip details of Biden's executive order on crypto

    Binance CEO Considers to Buy Chelsea Football Club, Report says

    Indian Finance Minister Sees "Clear Advantages" in CBDC


    Apple Co-Founder Wozniak Hails Bitcoin: Other Cryptocurrencies Fit in the Picture | Coinmonks News #98 Mar 09, 2022

    Laura Shin accuses Charles Hoskinson, the Cardano founder, of fake claims

    Apple Co-Founder Wozniak Hails Bitcoin: Other Cryptocurrencies Fit in the Picture

    Thailand reportedly exempts 7% crypto tax for traders on authorized exchanges

    Coinbase Blocked 25,000 Wallet Addresses of Russian Individuals or Entities Linked to Illegal Activities


    Bitcoin Donations Overflows to Support Ukraine | Baby Squid Game Token Surges 300% | Coinmonks News #97 Feb 27, 2022

    Bitcoin Donations Overflows to Support Ukraine

    Coinbase Global Inc.’s Lead Katherine Wu Leaves to Join Crypto Firm Archetype

    ECB President Suggests European Union Move Quickly to Approve Crypto Regulation

    As per 27th February 2022, with around 300% surge Baby Squid Game Token tops the meme coin list!


    Telecom Giant Airtel Acquires Aqilliz, Transforming Adtech & Creator Economy with Blockchain | Coinmonks News #96 Feb 26, 2022

    Flexpool is Halting its Service to Russia

    ECB president calls for crypto regulation in response to Russia potentially evading sanctions

    Telecom Giant Airtel Acquires Aqilliz, Transforming Adtech & Creator Economy with Blockchain

    Bloomberg Partners with Elwood Technologies to Aid Institutional Crypto Adoption


    China’s Crucial Step Towards Protection Against Crypto Scams | Coinmonks News #95 Feb 25, 2022

    China’s Crucial Step Towards Protection Against Crypto Scams

    Bitcoin and Other Cryptocurrencies have Plummeted Following Russia’s Military Operations

    US Bitcoin miners expanding operations despite price volatility

    Coinbase to Release Q4 Results, Crypto Winter Expected to Cause amid Ukraine- Russia War


    Former Crypto CEO Suspected of Hacking $11 Billion Ethereum DAO | Coinmonks News #94 Feb 24, 2022

    Former Crypto CEO Suspected of Hacking $11 Billion Ethereum DAO

    Crypto.com and Mobilum Technologies Form a Strategic Partnership, Provide Crypto Liquidity Services

    TreasureDAO engineer alleged to have past involvement in questionable NFT projects

    Binance CEO Plans First Talk for 'Future Talks' at the Museum of the Future


    Flurry Finance Hacked: Reportedly $293K Lost | Coinmonks News #93 Feb 23, 2022

    Flurry Finance Hacked: Reportedly $293K Lost

    Puma Changes its Twitter Handle Name to Puma.eth

    Bitcoin Gains Momentum as Biden Slaps Russia with Sanctions

    Five key takeaways from the official Indian crypto ads guideline


    Swiss City Lugano is Planning to be the Bitcoin Capital of Europe | Coinmonks News #92 Feb 22, 2022

    Swiss City Lugano is Planning to be the Bitcoin Capital of Europe

    Russia’s Finance Ministry introduces digital currency bill, brushes off Central Bank’s objections

    Top Indonesian Football Club Enters the Blockchain Gaming Arena, Partnering with LGG

    NFTs to be Instrumental for Fashion Industry in the Metaverse, GlobalData Analyst Says


    Huobi CEO Says Next Bitcoin (BTC) Bull Run Is Not Coming Until Late 2024 | Coinmonks News #91 Feb 21, 2022

    Huobi CEO Says Next Bitcoin (BTC) Bull Run Is Not Coming Until Late 2024

    Jamaica’s Central Bank Announces the Name of its CBDC

    Former Cisco employee launches DAO to buy Denver Broncos

    Credit Suisse data leak reveals decades of shady clients and activity


    The Yellen-White House Feud Delays the Implementation of a Crypto Strategy | Coinmonks News #90 Feb 20, 2022

    The Yellen-White House Feud Delays the Implementation of a Crypto Strategy

    Financial Minister Nirmala Sitaraman on Crypto: RBI and Govt in Sync

    OpenSea smart contract upgrade to delist inactive NFTs on Ethereum

    As per 20th February 2022, with around 300% surge Meta Doge Colony Token tops the meme coin list!


    Third-Largest US Oil Company in the US Sees Potential in Bitcoin Economy | Coinmonks News #89 Feb 18, 2022

    Third-Largest US Oil Company in the US Sees Potential in Bitcoin Economy

    Ukraine Legalizes Bitcoin amidst Crisis with Russia

    Ethereum dominance may dwindle as competitors emerge: Morgan Stanley

    JP Morgan, Ciena and Toshiba Partner to Establish Quantum Key Distribution Network


    Ethereum’s Growth Hit 1.53M New Addresses per Month in 2021 | Coinmonks News #88 Feb 17, 2022

    TopGoal Compromised: Reportedly Exploiter Gained Over $1.8 Million

    Deadpool actor Ryan Reynolds Speaks up About Bitcoin

    Ethereum’s Growth Hit 1.53M New Addresses per Month in 2021

    Twitter enables users to give and receive Ethereum tips natively


    $1T Opportunity: JPMorgan becomes First Major Bank in the Metaverse | Coinmonks News #87 Feb 16, 2022

    Binance Rechristens its Blockchain Ecosystem, Now Called BNB Chain

    $1T opportunity: JPMorgan becomes first major bank in the Metaverse

    South Korean University to Present NFT Certificates for Graduates

    Mastercard Expands Consulting Services to Crypto


    IRA Financial Hacked for $36M in Bitcoin and Ethereum | Coinmonks News #86 Feb 15, 2022

    IRA Financial Hacked for $36M in Bitcoin and Ethereum

    Canada Invokes ‘Emergencies Act’, New Restrictions Include Crypto

    Chingari integrates native token to advance Web3 social networking

    Chinese Tech Giants Cautiously Invest in the Metaverse


    TitanoFinance Hacked: Reportedly $1.9 Million Lost | Coinmonks News #85 Feb 14, 2022

    Ted Cruz backs El Salvador’s Bitcoin Legal Tender

    TitanoFinance Hacked: Reportedly $1.9 Million Lost

    UK tax authority makes first NFT seizure in VAT fraud case

    Hungarian Central Bank Governor Advocates EU Wide Crypto Ban


    Netflix announces new series on Bitfinex Hack | YouTube Sees NFTs as Catalysts | Coinmonks News #84 Feb 13, 2022

    BlockFi to Pay $100M Penalty and Stop Opening New High-Yield Bitcoin Accounts

    Netflix announces new series on Bitfinex hack involving 120,000 Bitcoin

    YouTube Sees NFTs as Catalysts, Tieing Deeper Relationships with Users

    With around 900% rise as of 13th February 2022, MetaDogeColony Token tops the list of meme coins again!


    Intel is All Set to Launch its Bitcoin Mining Chips | Coinmonks News #83 Feb 12, 2022

    Intel is All Set to Launch its Bitcoin Mining Chips

    Redditor stashes away BTC worth $100 for 100 years in public library

    Indian FM says Crypto Taxation is "Sovereign Right"

    Digital Yuan Transactions Overtakes Visa during Beijing Winter Olympics


    Reportedly Russia Might Treat Bitcoin and Crypto Assets as Currencies | Coinmonks News #82 Feb 10, 2022

    PayPal Establishes Advisory Committee, Focusing on Crypto Affairs

    Donations Pour in Cryptocurrency as Ukraine Border Tension Escalates

    Reportedly Russia Might Treat Bitcoin and Crypto Assets as Currencies

    CoinMarketCap removes allegedly fake SHIB wormhole addresses

    Bitcoin Lightning Network Continues to Gain Steam, Hitting Historic Highs of 3,436 BTC

    The contract of Dego Finance was compromised earlier today, that lead to a loss of over $10 million


    Indian Couple Tie their Knot in the Metaverse | Bithumb Plans to Distribute NFTs | Coinmonks News #81 Feb 09, 2022

    DOJ Seizes the Stolen Bitcoin from 2016 Bitfinex Hack

    Bithumb Plans to Distribute NFTs to Korean Olympic Medalists

    Japan-based messaging app will offer trial run of native token starting in March

    Indian Couple Tie their Knot in the Metaverse, Offering 3D Experience for 500 Guests


    Google Cloud Introduces Threat Detection System against Crypto-mining Malware | Coinmonks News #80 Feb 08, 2022

    NFTs to Serve as a Ticket to Maxwell Tribeca, New York’s Newest Social Club

    A quarter of people will spend time in the Metaverse by 2026: Research

    Google Cloud Introduces Threat Detection System against Crypto-mining Malware

    Blockchain Investments in 2021 Surpasses Past 3 Years' Total Capital Raised: KPMG


    A Team of 4 Facebook Developers Intends to Create A Blockchain | Coinmonks News #79 Feb 07, 2022

    A Team of 4 Facebook Developers Intends to Create A Blockchain

    Meter.io Hacked: Around $4.3M Lost

    US Treasury targets NFTs for potential high-value art money laundering

    Traders Move $800 Million Worth of BTC Away from Exchanges


    Jack Dorsey on UBI: Bitcoin encourages Transparency, Long-Term Thinking | Coinmonks News #78 Feb 05, 2022

    Jack Dorsey on UBI: Bitcoin encourages transparency, long-term thinking

    Ted Cruz buys the Bitcoin dip

    Golden Gate University Establishes Blockchain Law for Social Good Center to Aid Regulation

    Gas-free transactions will revolutionize Web3


    Nway Launche a Winter Olympic NFT-Based Game | Cop in Pune Kidnap a Cryptocurrency Trader | Coinmonks News #77 Feb 04, 2022

    Nway Launches a Winter Olympics NFT-Based Game

    Cop in Pune ‘Kidnaps’ a Cryptocurrency Trader

    NFT project blankets Texas capital city in pro-crypto billboards

    Coinbase and TurboTax Offer Tax Refunds in Bitcoin


    John Legend to Launch an NFT Platform for Musicians and Entertainers | Coinmonks News #76 Feb 03, 2022

    John Legend to Launch an NFT Platform for Musicians and Entertainers

    Sundar Pichai Talks on Web3 and Says He’s ‘Looking At Blockchain’

    ConsenSys Acquires MyCrypto to Strengthen MetaMask and Enhance Product Security

    NYDIG Launches Bitcoin Savings Plan for Employees


    MicroStrategy Acquires 660 More Bitcoins | El Salvador Relaunches Chivo Wallet | Coinmonks News #75 Feb 02, 2022

    MicroStrategy Acquires 660 More Bitcoins

    El Salvador relaunches Chivo wallet, plans to deploy 1,500 Bitcoin ATMs

    Amber Group Acquires Japan-based DeCurret Trading Firm

    Solana Pay Ushers in Groundbreaking Payments Era


    Binance Creates $1B Insurance Fund for Users Against Hacks | Coinmonks News #74 Feb 01, 2022

    The CEO of Shopify Joins Coinbase’s Board of Directors

    To Break Bitcoin’s Algorithm, Quantum Computers Must be a Million Times Larger

    Binance Creates $1B Insurance Fund for Users Against Hacks

    Russian Blanket Crypto Ban May now be Limited to PoW Mining Activities


    China’s Music Legend Jou Chou to Auction his Song for NFT | Coinmonks News #73 Jan 31, 2022

    China’s Music Legend Jou Chou to Auction his Song for NFT

    Brushing Off Shiba Inu May Have Just Cost Robinhood Millions In Crypto Revenue

    Russia's Crypto Ban Will Ease Risks But Limit Tech Diffusion: Fitch

    Ethereum’s Adoption Continues to Tick, Addresses Holding 1 to 10 ETH Cross the 1M Mark


    Meta goes Brazil to Trademark Bitcoin and Crypto Services | Coinmonks News #72 Jan 30, 2022

    Commercial Bank In New York, Intends to Offer Bitcoin Services

    Kazakhstan Shuts Down Bitcoin Mining Farms

    Meta goes Brazil to trademark Bitcoin and crypto services

    As per 30th January 2022, with around 600% surge Pred Token tops the meme coin list!


    Talking Crypto could Help Americans Find Love this Valentine’s Day | Coinmonks News #71 Jan 29, 2022

    Goldman Sachs Issues Sudden Warning After Huge Bitcoin Crash

    Talking Crypto could Help Americans Find Love this Valentine’s Day

    SEC approves BSTX for blockchain settlements on traditional markets

    Wharton Accepts Cryptos as Tuition Fees for Blockchain Courses


    Warner Music Group Teams Up with Sandbox | Robinhood Records $423M Net Loss | Coinmonks News #70 Jan 28, 2022

    Warner Music Group Teams Up with the Sandbox

    Brussels Member of Parliament to Convert Entire Salary for 2022 into Bitcoins

    Disgraced MP tells Parliament UK can be the 'home' of crypto

    Robinhood's Shares Tumble 15%, Posts $423M Net Loss


    Crypto Policy Advocacy Group Warns of Disastrous Provision in a New US Bill | Coinmonks News #69 Jan 27, 2022

    Crypto policy advocacy group warns of 'disastrous' provision in a new US bill

    Turkish president orders ruling party to organize metaverse forum

    Russian Finance Ministry Believes Crypto Should be Regulated not Banned

    Fake Grimacecoin Jumps 285k% After McDonald’s Tesla joke


    Youtube to Encourage Capitalization on NFTs | Ethereum Foundation Rebrands ETH 2.0 | Coinmonks News #68 Jan 26, 2022

    Youtube to Encourage Capitalization on NFTs

    Crypto Theft: Delhi Police Probe Reveals Theft Traced to Hamas Wallet

    Amex CEO hints at exploring ways to allow credit card holders to redeem points for crypto

    Ethereum Foundation Rebrands ETH 2.0 to Consensus Layer, Breaking Broken Mental Model to Users


    Singapore’s MAS issues Guidelines to Shut Down Cryptocurrency ATMs | Coinmonks News #67 Jan 21, 2022

    Singapore’s MAS issues Guidelines to Shut Down Cryptocurrency ATMs

    Bitcoin Crashes to $38K: What’s Next $51K or $29K?

    Multichain hacker returns 322 ETH, keeps hefty finders fee

    Robinhood's Crypto Wallet Goes Live, Allowing Crypto Withdrawals for First 1,000 Users


    Microsoft Set to Buy Activision for $69B | Iran to Pilot National Crypto in the Future | Coinmonks News #66 Jan 19, 2022

    Iran to Pilot National Cryptocurrency in the Future

    Microsoft is all Set to Buy Activision for $69B

    Bitcoin mining becomes more sustainable: Mining Council's Q4 survey

    Opera announces beta of its new Web3 focused 'Crypto Browser'


    DeepBlack Historical NFT Project Pays Tribute to Beeple's $69M Masterpiece | Coinmonks News #65 Jan 18, 2022

    Beeple’s $69 M Masterpiece Gets a Tribute by DeepBlack Historical NFT Project

    India’s Prime Minister Modi Calls Nations For Collaborating on Crypto

    Reportedly Crypto.com Loses Over 15 Million USD after Pausing Withdrawals

    Korean Bithumb exchange to launch NFT marketplace


    22-Year-Old Indonesian Boy makes $1M by Selling NFT Selfies on OpenSea | Coinmonks News #64 Jan 17, 2022

    Elon Musk And Tesla Reignite Hopes Of Dogecoin Reaching $1 In 2022 As Rumors Of A Starlink Collaboration Swell

    Walmart drawing up plans to enter metaverse, create cryptocurrency

    Australian women’s football team secures $75M deal with Crypto.com

    22-year-old Indonesian boy makes $1M by selling NFT selfies on OpenSea


    Turks are Flocking to Bitcoin and Tether to Avoid Lira’s Fall | Robinhood Hits New Low | Coinmonks News #63 Jan 14, 2022
    • Robinhood hits new low as FTX US and Bitstamp USA move into stocks
    • NFTs will Change the Movie-Making Business Forever
    • A Cryptocurrency Exchange to Become Sponsor of Mexico’s National Soccer Team
    • Turks are Flocking to Bitcoin and Tether to Avoid Lira’s Fall

    Solana could become the 'Visa of crypto' | US Banks Form Group to Offer USDF Stablecoin | Coinmonks News #62 Jan 13, 2022

    'Emergency': Wikipedia editors vote against classifying NFTs as art

    US Banks Form Group to Offer USDF Stablecoin

    Solana could become the 'Visa of crypto': Bank of America

    Twitter is Testing Out a Feature That Allows Users to Link to Encrypted Wallets


    Republic of Palau X Cryptic Labs launch Digital Residency Program | K-pop in Metaverse? | Coinmonks News #61 Jan 12, 2022

    Republic of Palau and Cryptic Labs launch digital residency program

    Animal Concerts partners with Korea’s Klaytn: K-pop in the Metaverse?

    MHGL Begins Preliminary Testing of Crypto Mining in Pennsylvania

    Costa Rica Hydro Plant Worth $13 Million Gets a New Lease on Life from Crypto Mining


    Bitcoin Drops Below $40K | OpenSea Trading Volume set for Record Month | Coinmonks News #60 Jan 11, 2022

    Australia's largest crypto exchange will sponsor tennis star Ajla Tomljanovic

    Bitcoin drops below $40K for first time in 3 months as fear set to 'accelerate'

    OpenSea trading volume set for record month despite crypto market retreat

    Unicredit Decided to Prohibit Accounts from Trading Cryptocurrency


    Turkey Reportedly denies to Impose 40% Tax on Crypto Yields | Coinmonks News #59 Jan 10, 2022

    El Salvador Finance Minister Reports Bitcoin Bond Bills to be Submitted to Parliament

    Ethereum Users Pay Record-Breaking Fees as Coin Loses Almost 20% in Last 4 Days, Here's Why

    Shiba Inu Drops Below Dogecoin and AVAX on List of Top Coins and Tokens by Market Capitalization

    Turkey Reportedly denies to Impose 40% Tax on Crypto Yields


    PayPal to Explore the Launch of a Stablecoin | Stobox Hacked: STBU drops by 96% | Coinmonks News #58 Jan 09, 2022

    Stobox Hacked: STBU drops by 96%

    PayPal reportedly confirms plans to explore the launch of a stablecoin

    Mirror Trading’s CEO Arrested in Brazil for Running a Bitcoin Ponzi Scheme

    As per 9th January 2022, with around 850% surge Pappay tops the meme coin list!


    Coinsuper allegedly Blocks Customers Withdrawals | Spain turning into Bitcoin Mining Hub | Coinmonks News #57 Jan 08, 2022

    Hong Kong-based Coinsuper allegedly blocks customers' withdrawals

    UK lawmakers form crypto advocacy group for parliament: Report

    Spanish Lawmaker Proposes Turning Spain Into Bitcoin Mining Hub

    UK Air Traffic Tech Firm Uses Hedera Hashgraph to Track Drones


    Samsung Makes its First Foray into the Metaverse | NYC Mayor Suggests Buying the Dip | Coinmonks News #56 Jan 07, 2022

    Samsung Makes its First Foray into the Metaverse

    NYC Mayor Getting Paid in Bitcoin Suggests Buying the Dip

    Binance Launches New Feature for Users to Buy NFT Collections

    Mozilla backflips on accepting crypto after ‘planet incinerating’ backlash


    Bitcoin Crashed to $42,500 Again Today | Coinmonks News #55 Jan 06, 2022

    Bitcoin Crashed again today, well, technically, it’s still crashing

    Polygon Network Gas Fee Skyrockets Amid Heavy NFT Gaming, Will MATIC Rally Continue?

    Why Kevin O'Leary thinks NFTs could become bigger than Bitcoin

    BTCS is the First Nasdaq-Listed Company to Pay Dividend in Bitcoin


    UK regulator bans two Crypto.com Ads | Solana hit with another network incident | Coinmonks News #54 Jan 05, 2022

    UK regulator bans two Crypto.com ads in latest crackdown

    Solana hit with another network incident causing degraded performance

    CryptoWire Launches India’s First Global Index of Cryptocurrencies

    VeUSD is VeChainThor’s First Stablecoin


    China’s Digital Yuan Wallet goes Live on App Stores | H&M Enters the Metaverse | Coinmonks News #53 Jan 04, 2022

    China’s digital yuan wallet goes live on app stores in pilot mode

    Vitalik Buterin Reveals the two Upgrades Required for Ethereum to Survive Multiple Generations

    Crypto predictions platform Polymarket fined $1.4M by CTFC

    H&M Enters the Metaverse and Opens its First Virtual Store


    Just in case you have a FOMO, Ethereum’s founder “Missed” NFTs | Coinmonks News #52 Jan 03, 2022

    Macau Likely to be Test Bed for China's Digital Yuan: Reuters

    More billionaires turning to crypto on fiat inflation fears

    Vitalik Buterin Admits: I completely Missed NFTs Despite Predicting DeFi

    Turkey Encourages the Conversion of Gold Deposits Into Lira Time Deposits


    Dogecoin As The Official Currency Of Mars? Elon Musk Wavers | Coinmonks News #51 Jan 02, 2022

    Dogecoin As The Official Currency Of Mars? Elon Musk Wavers

    China may be against cryptos, but here’s why one still needs to pay attention

    Schools Might now be Using Blockchain Technology

    With around 300% rise as of January 2nd, 2022, PrimeCoin tops the list of meme coins


    A prediction about NFTs for 2022, following the bizarre one on Bitcoin | Coinmonks News #50 Jan 01, 2022

    SEC Commissioner is Expecting Growth in NFT use cases in 2022

    Indian taxman recovers $6.62M from WazirX for evading tax on commission

    Shiba Inu Unveils First Phase of ‘DOGGY DAO’ to Empower $SHIB Holders

    As per 1st January 2022, with around 500% surge CarsAutoFinance tops the meme coin list


    Another Bizzare Prediction for Bitcoin, will it go beyond 200k? | Coinmonks News #49 Dec 30, 2021

    Fox Business, Brock Pierce, one of the wealthiest individuals in the cryptocurrency sector, indicated that he would not be shocked if the Bitcoin price touched $100,000 next year. He goes on to say that it's "possible" that the flagship coin may burst beyond $200,000.


    If you were to be Paid in Bitcoin would you Love your Job More? Apparently Some People Do | Coinmonks News #48 Dec 29, 2021

    “To be paid in Bitcoin and not give me any pushback on it whatsoever, was huge in the decision," said MMA fighter Kevin Lee on signing with Eagle FC.

    Salvador's inhabitants are complaining about lost bitcoins months after the country adopted Bitcoin as its official currency. There have been allegations that the Chivo wallet is not secure, which has hampered the digital wallet's uptake


    A billionare just adviced to invest on bitcoin, What would you do? | Coinmonks News #47 Dec 28, 2021

    In a Christmas Twitter post, Mexican millionaire Ricardo Salinas Pliego advised followers to eschew conventional currency and invest in bitcoin instead.

    According to Jesse Powell, the exchange, Kraken will evolve into a marketplace for nonfungible tokens and NFT-backed loans.

    China, Binance, Huobi, and MEXC, among other major exchanges, announced this week that they will close China's fiat/cryptocurrency channels on December 31.


    Spider-Man No Way Home Torrents May Contain Crypto Malware | MGAS Rug Pulled: $600K Lost | Coinmonks News #46 Dec 27, 2021

    Cryptocurrency malware has been spotted in a torrent download of the upcoming Marvel film Spider-Man: No Way Home, according to Reasonlabs.

    PeckShield has issued a warning to investors about a potential rug pull on MetaSwap's MGAS coin today. The price of MetaSwap's MGAS token has dropped by 46.99 percent, according to them.


    Bitcoin Price Back Above $50,000 | Bent Finances Makes a Stronger Comeback | Coinmonks News #45 Dec 26, 2021

    Bitcoin's price surpassed $50,000 on Thursday. According to statistics, the largest cryptocurrency by market size was trading for $50,978.58 at the time of my check, It was up 3.4 percent in the last 24 hours.

    Bent Finances has made reparations for the funds misappropriated as a result of the fraud.


    Turkey’s Crypto Law is Ready for Parliament | BiSwap Completes Largest BSW Token Burn Ever | Coinmonks News #44 Dec 25, 2021

    Turkey’s Crypto bill, When fully implemented, the crypto legislation will establish a new economic paradigm that might aid in the recovery of the lira's declining value.

    BiSwap Decentralized Exchange (DEX) had its 23rd token burn, the largest in the protocol's history. The protocol burnt 2.7 million BSW tokens, which is about $5.1 million USD.


    BNB Auto-Burn is Replacing Binance’s BNB Quarterly Burn | Coinbase CEO Sued | Coinmonks News #43 Dec 24, 2021

    Brian Armstrong, the CEO of the cryptocurrency exchange Coinbase, has been sued for allegedly copying the work of a firm called Knowledgr.

    According to the official blog post, the new technology, dubbed "BNB Auto-Burn," would have two characteristics. It will be unbiased and observable.


    Uniswap X Polygon, Sending MATIC to Record High | Hong Kong's NFT Project Loses $1.3M | Coinmonks News #42 Dec 23, 2021

    Uniswap is one of the most popular decentralised applications. To assist lower transaction costs, its users opted to put the protocol on Polygon as well.

    Monkey Kingdom, a Solana nonfungible token (NFT) project backed by American DJ Steve Aoki, reported on Twitter on Tuesday that hackers stole $1.3 million from the community's crypto money through a security breach on Discord.


    Polygon Creates $200,000,000 Fund With Reddit | VISOR Finance Suffers DeFi Hack $8.2M Los | Coinmonks News #41 Dec 22, 2021

    Polygon (MATIC) is partnering with Alexis Ohanian, one of the co-founders of social giant Reddit, to launch a new $200 million fund that aims to back projects at the intersection of social media and Web 3.0.

    Visor Finance, a DeFi protocol, was hacked, resulting in over $8 million in damages.


    Dubai World Trade Center to Become a New Crypto Zone | Son of Shib Surges 250% Rise | Coinmonks News #40 Dec 21, 2021

    The Dubai World Trade Center is intended to become a new crypto zone and virtual asset regulator.

    The current Son of Shib price is $1.75e-8 USD, with a trading volume of $707,763 USD in the last 24 hours.


    Bank of England to Push Tighter Rules for Crypto | Parachains launch on Polkadot Network | Coinmonks News #39 Dec 20, 2021

    The long-awaited launch of five parachains on the Polkadot network this weekend completed the long-awaited process of integrating numerous blockchains to the Polkadot network.

    According to a Bank of England official, the UK central bank wants tougher international guidelines for crypto assets as banks and institutional investors become more involved.


    Instagram’s Chief Stated that the Company is Looking into NFTs | Eminer Surges 900% | Coinmonks News #38 Dec 19, 2021

    "Nothing to announce just yet," Mosseri said in an Instagram Q&A broadcast to his Stories in response to a query regarding his thoughts on incorporating NFTs into Instagram.

    With a 24-hour trading volume of $211,923,975 USD, the current Eminer price is $0.027281 USD.


    Shopify X GigLabs To Integrate NFTs With E-Commerce | Fixed Term Deposits now in Hodlnaut | Coinmonks News #37 Dec 18, 2021

    E-commerce platform Shopify has struck a new relationship with blockchain startup GigLabs to enter the non-fungible token (NFT) market.

    Hodlnaut, a Singapore based crypto interest-earning platform, has launched the Fixed Term Deposit product, a new way to earn interest on crypto for retail investors.


    Dogecoin & Shiba Inu May Have Just Lost Their Juice | AscendEX lists Floki Inu | Coinmonks News #36 Dec 17, 2021

    Dogecoin began as a crypto joke, but it quickly grew in popularity, attracting the attention of some of the world's most powerful figures, including Tesla's Elon Musk.

    AscendEX is pleased to announce that the Floki Inu Token (FLOKI) will be listed on AscendEX under the trading pair FLOKI/USDT beginning December 17 at 2 p.m. UTC.


    Worst-Case Scenario for BTC According to Veteran Trader Tone Vays | Coinmonks News #35 Dec 16, 2021

    Vays points out in a new strategy session that Bitcoin is on the verge of breaking through the 50-week moving average (MA) and closing below it.


    CoinMarketCap Glitch Sends Bitcoin Wallet Balances Into the Trillions | Coinmonks News #34 Dec 15, 2021

    CoinMarketCap meant that crypto wallet users saw the wrong dollar balances in their accounts. Well this was the year of hacks, bugs and glitches, looks like coin market cap marks the end with the last one.


    Hacker Steals $140 Million From Polygon Gaming Platform | 90% of Bitcoin has been mined | Coinmonks News #33 Dec 14, 2021

    DeFi has been one of the most rapidly rising categories in the crypto industry. Bad actors have taken an interest in the space, which has resulted in around 200 DeFi hacks over the course of the year.

    According to the current issuance schedule, Bitcoin block #714,032, which was mined at 23:26 UTC, rewarded its miner with 6.25 BTC. 90% of all bitcoin has now been mined as a result of this latest release.


    Shiba Inu (SHIB) Suddenly Spikes 8% | WikiLeaks receives crypto donations worth over $2M | Coinmonks News #32 Dec 13, 2021

    Shiba Inu (SHIB) is now surpassing practically all top 100 cryptocurrencies after abruptly soaring 8%. Shiba is again back with a bang.

    Over $2.2 million has been donated in cryptocurrencies to Wikileaks, a well-known worldwide non-profit organisation. The group has received donations in Bitcoin, Bitcoin Cash, Litecoin, ZCash, Monero, and Ethereum as a result of its various conflicts with governments and international organisations.


    Ethereum Whale With $800 Million in Assets Accumulated Over 1.6 Trillion $SHIB | Coinmonks News #31 Dec 12, 2021

    Shiba Inu ($SHIB) has been collecting in the wallet of an Ethereum whale with over $800 million in multiple cryptocurrencies, to the point where it currently owns over 1-67 trillion tokens of the meme-inspired cryptocurrency.


    Indian PM Final call concerning Crypto Regulation | Opera X Solana | Coinmonks News #30 Dec 11, 2021

    Certain aspects of the draught cryptocurrency law may need more debate, following which Prime Minister Modi will make the ultimate decision on crypto regulatory measures in the nation.

    Opera announced a collaboration with Solana Labs on Friday, December 10, to bring native support for the popular blockchain, allowing it to operate a native Solana wallet alongside all of the ecosystem's dApps.


    Solana reportedly Hit by DDoS Attack | No Compensation for Crypto Losses Says FCA’s CEO | Coinmonks News #29 Dec 10, 2021

    A distributed denial of service (DDoS) assault was purportedly launched on Solana's blockchain over the last 24 hours, although the network appears to have remained operational.

    Digital assets have been used in illegal operations, according to the senior executive, and investors dealing with them "must be prepared to lose all of their money."


    Ledger launches Crypto Debit Card | Community Points coming for everyone on Reddit | Coinmonks News #28 Dec 09, 2021

    Reddit has created a queue and a separate website for the planned site-wide extension of its Ethereum-based 'Community Points' token rewards scheme.

    Ledger, a cryptocurrency wallet and infrastructure provider, has unveiled a new debit card that allows users to purchase products and services using their digital assets, perhaps paving the way for more widespread acceptance of crypto payment services.


    Binance to offer World’s First Initial Game Offering (IGO) featuring AI robot Sophia | Coinmonks News #27 Dec 08, 2021

    AI robot Sophia is set to be tokenized and auctioned as part of a Metaverse project called “Noah’s Ark.” Binance is launching this campaign as an Initial Game Offering (IGO). It will feature 100 “intelligent NFTs” available for auction on December 16 and be known as “The Transmedia Universe of Sophia beingAI.”


    Doge & SHIB out of top 10 | Bitcoin Lighting network processes World's First Payroll | Coinmonks News #26 Dec 07, 2021

    As a result of their popularity, certain meme currencies have climbed into the top ten cryptocurrency rankings. Although the digital assets were nowhere near the top projects in terms of individual pricing, their market cap grew quickly, rivalling some of the finest initiatives in the industry.

    To handle a wage payment, the firm employed the Lightning Network, Bitcoin's layer 2 scaling solution for speedy and inexpensive bitcoin payments.


    HUH Token can replicate the success of Dogecoin & Shiba Inu | LUNA Breaks ATH Gained 2700% | Coinmonks News #25 Dec 06, 2021

    Shiba Inu (SHIB) has dropped even further this week after jumping more than 70,000 percent this year to a record high of $0.00008854 at the end of October, making some people billionaires in a matter of months. However, the price of SHIB has dropped by more than 60% since then, indicating that traders are actively locking in their Shiba Inu gains.

    LUNA has risen almost 50% in the previous seven days, according to CoinGecko, and despite the weekend fall, has reached a new all-time high (ATH) of $77.7 earlier today.


    Christmas Floki X Surged by 400% | Bitmart Hacked: Lost Over $196 Million | Coinmonks News #24 Dec 05, 2021

    The live Christmas Floki X price today is $7.29e-8 USD with a 24-hour trading volume of $66,206.32 USD. This price is updated according to 2:00 PM IST. Christmas Floki X is up 430.06% in the last 24 hours.

    Bitmart has lost $196 million in various cryptocurrencies in the latest centralized exchange hack, which may be among the most devastating to date. At 7.30 PM UTC.


    Why did Bitcoin crash to 42k today? | Coinmonks News #23 Dec 04, 2021

    Bitcoin and cryptocurrency prices have plummeted, wiping out about $300 billion from the total crypto market in only two days.

    After trading above $69,000 two weeks ago, the bitcoin price has plunged to around $42,000 per bitcoin, a loss of nearly 30%. Other prominent cryptocurrencies, such as ETH, Binance’s BNB, Solana, Cardano, and Ripple’s XRP, have all lost about 20% in the last 24 hours as a result of the latest move lower.


    Wirex to Give Away $1 Million Worth of Crypto | Okcoin hires former Facebook spokesperson | Coinmonks News #22 Dec 03, 2021

    Cryptocurrency exchange Okcoin has announced Randi Zuckerberg — the sister of Meta CEO Mark Zuckerberg — will be joining the platform’s brand advisory council in its aim to bring more women into crypto.

    Wirex, the premier payment platform, has launched its biggest ever Christmas offer. They'll be giving away up to $1 million in WXT throughout December through a variety of entertaining and exciting events.


    Meta expands crypto ads eligibility on Facebook | LHV bank now supports crypto trading | Coinmonks News #21 Dec 02, 2021

    Marketplaces on social media and in the metaverse Meta has broadened the criteria for running bitcoin ads on Facebook, giving businesses more freedom to promote their digital asset offers.

    LHV’s support for cryptocurrency trading is to attract more customers and diversify its offerings.


    David Marcus Leaves Meta, Facebook, and Novi | UAE issues first NFT stamps in the Middle East | Coinmonks News #20 Dec 01, 2021

    David Marcus announced his departure from Facebook—or, as it has lately been renamed, Meta, today. Marcus has been in charge of Facebook's Novi cryptocurrency wallet and other payment tools for the past few years. Marcus' future involvement with the Diem cryptocurrency, which is not solely administered by Facebook, is unknown.

    The Emirates Post Group, or EPG, revealed this week that it is the first postal body in the Middle East and North Africa to issue digital-collectible stamps.


    Hacker Added Her Ethereum Wallet to Twitter's Tip Jar | Binance Resumes Dogecoin Withdrawals | Coinmonks News #19 Nov 30, 2021

    Because outgoing Twitter CEO Jack Dorsey is known for focusing all of his crypto efforts on Bitcoin, it's only right that one hacker has been gaining notice for adding an Ethereum address to her Twitter tips button on the day of his resignation.

    The world's most popular crypto exchange by volume revealed today that it has resolved the technical issue that has plagued its Dogecoin wallet for the past 17 days, as well as the problem that caused it.


    El Salvador’s President Responds to Bank of England | Blow to UK crypto exchanges | Coinmonks News #18 Nov 29, 2021

    The Bank of England is not a fan of bitcoin nor its growing adoption in countries like El Salvador. The Governor – Andrew Bailey – has repeatedly expressed his “concerns,” but this time, El Salvador’s President Nayib Bukele issued a response.

    The new tax hit for exchanges comes after the HMRC updated its guidelines, emphasising that there are many different types of crypto assets with different characteristics.


    Crypto Is Here To Stay, Says Paytm Founder | Bitcoin has More Transactions Than Paypal | Coinmonks News #17 Nov 28, 2021

    The Indian government plans to introduce a new crypto bill in Parliament. Some of the provisions in this bill are detrimental to India's bitcoin economy. In the midst of all of this, Paytm's founder, Vijay Shekhar Sharma, has a lot to say. BTW Paytm is a technology business based in India that specializes in digital payment systems, e-commerce, and finance.

    Bitcoin conducted 62 percent more transactions in terms of dollar value in 2021 than PayPal, according to a Blockdata research. The company also looked at how much money was traded on the Mastercard and Visa networks.


    CRYPTO SCAMMERS made $9 Million on Fake YouTube streams | Coinmonks News #16 Nov 27, 2021

    Crypto fraudsters have stepped up their efforts to come up with new ways to swindle their victims, according to recent study, which shows that they are now doctoring YouTube videos of key persons in the crypto business to promote fraudulent crypto giveaways.


    New COVID-19 Variant Hits the Market and All Global Markets Crash with Bitcoin 7% Down | Coinmonks News #15 Nov 26, 2021

    Bitcoin plummeted over 4% according to CoinMarketCap, the oldest cryptocurrency, with a price of $54K and a market worth of $1 trillion at the time of reporting. Following Bitcoin's crash, Ethereum's price fell by 4.6 percent, to $4k at the time of writing, with a market worth of $485 billion. Traders are panicked, as evidenced by the 342.8 million US dollar one-hour liquidation, according to Coinglass statistics.



    India Reportedly Postpones to Test Digital Rubee in Q1 in 2023, Amid Banning Private Cryptos | Coinmonks News #14 Nov 25, 2021

    The Indian government has postponed the trial date of testing digital Rubee until Q1 of 2023, the digital form of central bank digital currency (CBDC), local media outlets reported.



    Fraudsters strip people of over $4 million in Bitcoin | IMF Warns of Economic Instability | Coinmonks News #13 Nov 24, 2021

    An impostor posing as MicroStrategy’s Michael Saylor has been able to defraud victims of over $4 million in a giveaway scam.

    El Salvador is encouraged to limit the scope of its Bitcoin legislation, according to the conclusion of the IMF's annual staff visit to the Central American country.


    South Korea might Impose Tax on NFTs | Indian banks continue to resist crypto | Coinmonks News #12 Nov 23, 2021

    With its crypto taxation policies, South Korea is one of the countries that is presently leading the regulatory demography. It has placed a 30% tax on cryptocurrency transactions, which will go into force next year.

    According to the Economic Times, over the last two-three weeks, HDFC, Axis, and ICICI banks have issued letters to customers warning them about the risks of investing in cryptocurrency.


    Shiba Inu team issues scam alert to SHIB investors | UK’s FCA to spend over $650k | Coinmonks News #11 Nov 22, 2021

    SHIB team warned SHIB investors about scammers who are impersonating official accounts and creating fake users.

    The Financial Conduct Authority (FCA) of the United Kingdom is tightening up on cryptocurrency laws in order to combat criminal activity with Bitcoin.


    Crypto.com adds Polygon support for Ethereum | Demand for Verlux Token Surges | Coinmonks News #10 Nov 21, 2021

    Crypto.com, a popular cryptocurrency exchange, stated on November 19 that its integration with the L-2 network, Polygon, had been completed. As a result, users will be able to make Ethereum deposits and withdrawals through the network.

    The Cardano community has been buzzing as a new project like Verlux built under its wings is poised to be on the front foot of the NFT ecosystem at large.


    Ethereum becomes a ‘first-class currency’ | Solana is clear favorite with these investors | Coinmonks News #9 Nov 20, 2021

    Ethereum joined the ranks of USD, GBP, and EUR as a payment option in the auction house's first. During the sale of two Banksy paintings, Ethereum was listed as a payment option for the first time on Sotheby's pricing table.

    Solana, with a market cap of $68.21 billion, was the clear winner among the top crypto assets [other than Bitcoin and Ethereum] in institutional portfolios, according to Messari Research.


    India May Ban Crypto Payments | Binance to close Multi-Million Funding Round | Coinmonks News #8 Nov 19, 2021

    So, moving towards our last segment for today- The Indian central bank of the country is concerned about the possibility of decentralization and collapse of the current system. India's Parliament is about to start its winter session, and several politicians are campaigning for Bitcoin to be banned as a form of payment.

    Binance’s funds have been in news lately, it is said to be in the process of closing multi-million dollar investment rounds.



    Indian Prime Minister views about Crypto | 3WM rewards for ecological actions | Coinmonks News #8 Nov 18, 2021

    Narendra Modi, the Indian Prime Minister, spoke at the Sydney Dialogue yesterday about India's progress in the digital sector and artificial intelligence. His views on the crypto market and Bitcoin, on the other hand, drew a lot of attention.

    3WM plans to build a global network of 60 Trash-to-Bioenergy facilities concentrating its technology in order to convert waste into energy and treat and purify water.



    ODIN Boards Cardano & Cooperates With OKEx | Israel Proposes New AML Rules | Coinmonks News #7 Nov 17, 2021

    Odin is a trading platform with a wide range of features that will appeal to a variety of merchants. New traders will benefit from learning from more experienced traders, while algorithmic traders will be able to host their bots, which are simple to construct and do not require code.

    After various countries have decided to come forward with their own crypto laws, Israel seems to have stepped in it too, so it’s authorities have proposed new AML rules for crypto service providers.


    Why did Bitcoin Crash to 58K in Less than 24 Hours? | AMC theatres Will Accept Shiba Inu | Coinmonks News #7 Nov 16, 2021

    Crypto market had a small crash today leading to losing all the November gains, even bitcoin and ethereum couldn’t be in the safe side this time, and the altcoins are quite sad probably, meme coins were affected too.

    Now amid the popularity AMC has said that it’ll accept payments in Shiba too.


    Over 70% of Shiba Inu holders are in profit | Ethereum Regains Strength | Coinmonks News #6 Nov 15, 2021

    Despite its historical volatility, Shiba Inu continues to be an extremely beneficial investment vehicle for crypto investors, with over 70% of them profiting. Ethereum is yet again going high, being the Bitcoin killer people already expect huge from it, and mostly it lives up to all of them, it has started it’s fresh run to $4850


    Dogecoin Withdrawals Frozen | Shiba Inu Coming to India’s First Crypto Unicorn | Coinmonks News #5 Nov 13, 2021

    Shiba Inu ($SHIB), a popular meme-inspired cryptocurrency, has been listed on Indian cryptocurrency trading platform CoinDCX's retail-friendly platform. SHIB was previously exclusively available in trade-only mode on the professional-oriented CoinDCX Pro platform.

    Withdrawals of Dogecoin have been halted on Binance, the world's largest cryptocurrency exchange. The exchange's motives have been questioned as a result of the freeze. However, it appears that the decision was made out of necessity.


    Mastercard Forges Partnership In Asia | Singapore grants Binance, Coinbase | Coinmonks News #4 Nov 12, 2021

    Mastercard has partnered with three digital asset platforms in Asia to allow consumers in the region to rapidly convert cryptos to fiat for use at any Mastercard-accepting store. A list of 70 platforms that have applied to provide digital asset services in Singapore has been provided by the Monetary Authority of Singapore (MAS). Coinbase Global Inc.'s Singapore arm and Binance Holdings are among the notable applicants.


    Twitter officially hires Crypto team, here’s what to expect | Coinmonks News #3 Nov 11, 2021

    Twitter moved a step ahead with the official announcement of its Crypto team formation, following the introduction of the Bitcoin tipping tool and the NFT drop. Shaktikanta Das, the governor of the Indian Central Bank, has highlighted concerns about the integration of cryptocurrencies in the financial system once again


    European Digital Currencies Soon to Become Legal Tenders, ECB Says | Coinmonks News #2 Nov 10, 2021

    Fabio Panetta, a member of the European Central Bank's executive board, stated during a panel discussion on Central Bank Digital Currencies (CBDCs) in Helsinki on Tuesday, November 9, that the outcome is likely to be in euro zones.


    Bitcoin hits ATH at $68,600 | Solana Surpasses Tether by Market Cap | Coinmonks News #1 Nov 09, 2021

    Bitcoin broke its own all-time high of $67,000 in less than three weeks and set a new one of approximately $69,000. Ethereum followed suit and set a new high, while Cardano, with a 12 percent increase, has benefited the most from the larger-cap alts.


    ETH Hits an ATH while BTC retains 66k | Coinmonks News #0 Nov 08, 2021

    Crypto market inches towards $3 Trillion for first time as ETH makes an ATH. Notably, Bitcoin’s price soared from $61,7100 to $66,094 in just 24 hours, with almost $70 billion coming into the digital asset.


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