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Search Results for: Cryptocurrency

NFT ETF Pioneer NFTZ Announces Shut Down of Services

Despite its widespread recognition as the pioneering NFT ETF, NFTZ has decided to close its doors. Defiance ETFs has said that as of February 28, they would “close and sell” its Defiance Digital Revolution ETF (NFTZ). Sylvia Jablonski, the co-founder of Defiance ETFs and Chief Investment Officer, predicted that NFTs

February 1, 2023 2 mins read

Financial Banking Giant HSBC Forays Into Crypto and Web3

One of the leading banks, HSBC, has recently advertised several high-level roles in the cryptocurrency sector. Suggesting that it may soon join the burgeoning digital asset sector. Recent job postings indicate that the industry’s dominant financial institution is actively seeking to hire a Product Director with responsibility for managing “tokenization”

February 1, 2023 1 min read

Top 5 Cryptocurrencies in the 1st Week of February

While the crypto market beholds a significant rally, the top cryptocurrencies outperform the market with bullish momentum. The king Bitcoin (BTC) has surpassed to $24,000 range, and the top altcoin Ethereum (ETH), is near $16,000. As, the global cryptocurrency market cap has surged to $1.05 trillion, which increased by 1.5%

February 1, 2023 2 mins read

Bitstamp Now Offers Euro IOU Services on the XRP Ledger

Support for Euro-backed IOUs on the XRP Ledger was recently announced by cryptocurrency exchange Bitstamp. Customers of Bitstamp may now use XRP Ledger for EUR transfers. Bitstamp tweeted on Twitter about their growing user base, saying: “We’re expanding our IOU Services on XRPL. You can now use EUR-backed IOUs as

January 31, 2023 2 mins read

FTX Files Lawsuit Against Voyager Digital to Recover $445.8M Loan

In an attempt to reclaim $445.8 million in loan payments made by FTX before declaring for bankruptcy, the defunct cryptocurrency exchange reportedly sued crypto lender Voyager Digital on Monday. Voyager declared bankruptcy in July, and FTX followed suit in November. According to the legal documents, FTX said that it had

January 31, 2023 1 min read

Rival Osprey Funds Files Lawsuit Against Grayscale Over ETF Claims

Osprey Funds, a digital asset manager, has sued Grayscale Investments, the operator of the biggest Bitcoin trust, in a U.S. court. Alleging that Grayscale Investments lied about the trust’s potential to convert into an exchange-traded fund (ETF). In court filings filed in Connecticut Superior Court. Osprey, which manages a competing

January 31, 2023 1 min read

Ownify MD’s Exclusive Interview With TheNewsCrypto

Decipher 2022, a second annual gathering of the Algorand foundation held in Dubai was a massive success. The active community engagement portrayed confidence in the existing blockchain technology. The following is an exclusive interview of delegates conducted by TheNewsCrypto. Ownify Ownify Technologies Limited was founded in October 2022 and registered

January 31, 2023 12 mins read

Gen Z Would Rather Talk About Anything But Their Finances

New survey from Intuit reveals Gen Z finds politics and sex easier to talk about than finances, and how the “soft life” TikTok trend is shaping the way they save … or don’t save MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Generation Z, the first generation of digital natives who are more than twice

January 31, 2023 4 mins read

Dogecoin (DOGE) Price Skyrocketing in the Last 24 Hours

Dogecoin (DOGE) is a dog meme coin that has previously inflated after the CEO of Twitter announced that the Twitter payment system will allow cryptocurrency. And the announcement caused the DOGE to skyrocket in value. And the DOGE has continued influence by Musk, with its price rising when he succeeds

January 31, 2023 1 min read

Coinbase Wallet Increases Transparency and Security Via New Features

Coinbase has announced that it is updating the Wallet app to enhance security and usability. On Monday, the cryptocurrency exchange announced a number of new features for its Wallet users. That aim to increase blockchain transparency and security. These include transaction previews, token approval alerts, a blocklist of flagged dApps,

January 31, 2023 1 min read