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Crypto News with Coinmonks

Crypto News with Coinmonks

By 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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Singapore to Charge Income Tax on NFT Trading | Dubai passes New Crypto Law | Coinmonks News #101
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
March 12, 2022
Personal Information is Scarce, But Does Coinbase Value it? | Coinmonks News #100
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' [
March 11, 2022
Ukraine to Raise Funds by Selling NFTs | Binance CEO Considers to Buy Chelsea Football Club | Coinmonks News #99
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
March 10, 2022
Apple Co-Founder Wozniak Hails Bitcoin: Other Cryptocurrencies Fit in the Picture | Coinmonks News #98
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
March 09, 2022
Bitcoin Donations Overflows to Support Ukraine | Baby Squid Game Token Surges 300% | Coinmonks News #97
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!
February 27, 2022
Telecom Giant Airtel Acquires Aqilliz, Transforming Adtech & Creator Economy with Blockchain | Coinmonks News #96
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
February 26, 2022
China’s Crucial Step Towards Protection Against Crypto Scams | Coinmonks News #95
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
February 25, 2022
Former Crypto CEO Suspected of Hacking $11 Billion Ethereum DAO | Coinmonks News #94
Former Crypto CEO Suspected of Hacking $11 Billion Ethereum DAO 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
February 24, 2022
Flurry Finance Hacked: Reportedly $293K Lost | Coinmonks News #93
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
February 23, 2022
Swiss City Lugano is Planning to be the Bitcoin Capital of Europe | Coinmonks News #92
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
February 22, 2022
Huobi CEO Says Next Bitcoin (BTC) Bull Run Is Not Coming Until Late 2024 | Coinmonks News #91
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
February 21, 2022
The Yellen-White House Feud Delays the Implementation of a Crypto Strategy | Coinmonks News #90
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!
February 20, 2022
Third-Largest US Oil Company in the US Sees Potential in Bitcoin Economy | Coinmonks News #89
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
February 18, 2022
Ethereum’s Growth Hit 1.53M New Addresses per Month in 2021 | Coinmonks News #88
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
February 17, 2022
$1T Opportunity: JPMorgan becomes First Major Bank in the Metaverse | Coinmonks News #87
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
February 16, 2022
IRA Financial Hacked for $36M in Bitcoin and Ethereum | Coinmonks News #86
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
February 15, 2022
TitanoFinance Hacked: Reportedly $1.9 Million Lost | Coinmonks News #85
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
February 14, 2022
Netflix announces new series on Bitfinex Hack | YouTube Sees NFTs as Catalysts | Coinmonks News #84
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!
February 13, 2022
Intel is All Set to Launch its Bitcoin Mining Chips | Coinmonks News #83
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
February 12, 2022
Reportedly Russia Might Treat Bitcoin and Crypto Assets as Currencies | Coinmonks News #82
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
February 10, 2022
Indian Couple Tie their Knot in the Metaverse | Bithumb Plans to Distribute NFTs | Coinmonks News #81
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
February 09, 2022
Google Cloud Introduces Threat Detection System against Crypto-mining Malware | Coinmonks News #80
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
February 08, 2022
A Team of 4 Facebook Developers Intends to Create A Blockchain | Coinmonks News #79
A Team of 4 Facebook Developers Intends to Create A Blockchain 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
February 07, 2022
Jack Dorsey on UBI: Bitcoin encourages Transparency, Long-Term Thinking | Coinmonks News #78
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
February 05, 2022
Nway Launche a Winter Olympic NFT-Based Game | Cop in Pune Kidnap a Cryptocurrency Trader | Coinmonks News #77
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
February 04, 2022
John Legend to Launch an NFT Platform for Musicians and Entertainers | Coinmonks News #76
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
February 03, 2022
MicroStrategy Acquires 660 More Bitcoins | El Salvador Relaunches Chivo Wallet | Coinmonks News #75
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
February 02, 2022
Binance Creates $1B Insurance Fund for Users Against Hacks | Coinmonks News #74
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 
February 01, 2022
China’s Music Legend Jou Chou to Auction his Song for NFT | Coinmonks News #73
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
January 31, 2022
Meta goes Brazil to Trademark Bitcoin and Crypto Services | Coinmonks News #72
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!
January 30, 2022
Talking Crypto could Help Americans Find Love this Valentine’s Day | Coinmonks News #71
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 
January 29, 2022
Warner Music Group Teams Up with Sandbox | Robinhood Records $423M Net Loss | Coinmonks News #70
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 
January 28, 2022
Crypto Policy Advocacy Group Warns of Disastrous Provision in a New US Bill | Coinmonks News #69
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
January 27, 2022
Youtube to Encourage Capitalization on NFTs | Ethereum Foundation Rebrands ETH 2.0 | Coinmonks News #68
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 
January 26, 2022
Singapore’s MAS issues Guidelines to Shut Down Cryptocurrency ATMs | Coinmonks News #67
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
January 21, 2022
Microsoft Set to Buy Activision for $69B | Iran to Pilot National Crypto in the Future | Coinmonks News #66
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'
January 19, 2022
DeepBlack Historical NFT Project Pays Tribute to Beeple's $69M Masterpiece | Coinmonks News #65
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 Loses Over 15 Million USD after Pausing Withdrawals Korean Bithumb exchange to launch NFT marketplace
January 18, 2022
22-Year-Old Indonesian Boy makes $1M by Selling NFT Selfies on OpenSea | Coinmonks News #64
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 22-year-old Indonesian boy makes $1M by selling NFT selfies on OpenSea
January 17, 2022
Turks are Flocking to Bitcoin and Tether to Avoid Lira’s Fall | Robinhood Hits New Low | Coinmonks News #63
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
January 14, 2022
Solana could become the 'Visa of crypto' | US Banks Form Group to Offer USDF Stablecoin | Coinmonks News #62
'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
January 13, 2022
Republic of Palau X Cryptic Labs launch Digital Residency Program | K-pop in Metaverse? | Coinmonks News #61
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
January 12, 2022
Bitcoin Drops Below $40K | OpenSea Trading Volume set for Record Month | Coinmonks News #60
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
January 11, 2022
Turkey Reportedly denies to Impose 40% Tax on Crypto Yields | Coinmonks News #59
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
January 10, 2022
PayPal to Explore the Launch of a Stablecoin | Stobox Hacked: STBU drops by 96% | Coinmonks News #58
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!
January 09, 2022
Coinsuper allegedly Blocks Customers Withdrawals | Spain turning into Bitcoin Mining Hub | Coinmonks News #57
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
January 08, 2022
Samsung Makes its First Foray into the Metaverse | NYC Mayor Suggests Buying the Dip | Coinmonks News #56
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
January 07, 2022
Bitcoin Crashed to $42,500 Again Today | Coinmonks News #55
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
January 06, 2022
UK regulator bans two Ads | Solana hit with another network incident | Coinmonks News #54
UK regulator bans two 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
January 05, 2022
China’s Digital Yuan Wallet goes Live on App Stores | H&M Enters the Metaverse | Coinmonks News #53
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
January 04, 2022
Just in case you have a FOMO, Ethereum’s founder “Missed” NFTs | Coinmonks News #52
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
January 03, 2022
Dogecoin As The Official Currency Of Mars? Elon Musk Wavers | Coinmonks News #51
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
January 02, 2022
A prediction about NFTs for 2022, following the bizarre one on Bitcoin | Coinmonks News #50
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
January 01, 2022
Another Bizzare Prediction for Bitcoin, will it go beyond 200k? | Coinmonks News #49
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.
December 30, 2021
If you were to be Paid in Bitcoin would you Love your Job More? Apparently Some People Do | Coinmonks News #48
“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
December 29, 2021
A billionare just adviced to invest on bitcoin, What would you do? | Coinmonks News #47
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.
December 28, 2021
Spider-Man No Way Home Torrents May Contain Crypto Malware | MGAS Rug Pulled: $600K Lost | Coinmonks News #46
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.
December 27, 2021
Bitcoin Price Back Above $50,000 | Bent Finances Makes a Stronger Comeback | Coinmonks News #45
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.
December 26, 2021
Turkey’s Crypto Law is Ready for Parliament | BiSwap Completes Largest BSW Token Burn Ever | Coinmonks News #44
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.
December 25, 2021
BNB Auto-Burn is Replacing Binance’s BNB Quarterly Burn | Coinbase CEO Sued | Coinmonks News #43
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.
December 24, 2021
Uniswap X Polygon, Sending MATIC to Record High | Hong Kong's NFT Project Loses $1.3M | Coinmonks News #42
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.
December 23, 2021
Polygon Creates $200,000,000 Fund With Reddit | VISOR Finance Suffers DeFi Hack $8.2M Los | Coinmonks News #41
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.
December 22, 2021
Dubai World Trade Center to Become a New Crypto Zone | Son of Shib Surges 250% Rise | Coinmonks News #40
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.
December 21, 2021
Bank of England to Push Tighter Rules for Crypto | Parachains launch on Polkadot Network | Coinmonks News #39
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.
December 20, 2021
Instagram’s Chief Stated that the Company is Looking into NFTs | Eminer Surges 900% | Coinmonks News #38
"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.
December 19, 2021
Shopify X GigLabs To Integrate NFTs With E-Commerce | Fixed Term Deposits now in Hodlnaut | Coinmonks News #37
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.
December 18, 2021
Dogecoin & Shiba Inu May Have Just Lost Their Juice | AscendEX lists Floki Inu | Coinmonks News #36
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.
December 17, 2021
Worst-Case Scenario for BTC According to Veteran Trader Tone Vays | Coinmonks News #35
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.
December 16, 2021
CoinMarketCap Glitch Sends Bitcoin Wallet Balances Into the Trillions | Coinmonks News #34
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.
December 15, 2021
Hacker Steals $140 Million From Polygon Gaming Platform | 90% of Bitcoin has been mined | Coinmonks News #33
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.
December 14, 2021
Shiba Inu (SHIB) Suddenly Spikes 8% | WikiLeaks receives crypto donations worth over $2M | Coinmonks News #32
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.
December 13, 2021
Ethereum Whale With $800 Million in Assets Accumulated Over 1.6 Trillion $SHIB | Coinmonks News #31
Shiba Inu ($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.
December 12, 2021
Indian PM Final call concerning Crypto Regulation | Opera X Solana | Coinmonks News #30
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.
December 11, 2021
Solana reportedly Hit by DDoS Attack | No Compensation for Crypto Losses Says FCA’s CEO | Coinmonks News #29
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."
December 10, 2021
Ledger launches Crypto Debit Card | Community Points coming for everyone on Reddit | Coinmonks News #28
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.
December 09, 2021
Binance to offer World’s First Initial Game Offering (IGO) featuring AI robot Sophia | Coinmonks News #27
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.”
December 08, 2021
Doge & SHIB out of top 10 | Bitcoin Lighting network processes World's First Payroll | Coinmonks News #26
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.
December 07, 2021
HUH Token can replicate the success of Dogecoin & Shiba Inu | LUNA Breaks ATH Gained 2700% | Coinmonks News #25
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.
December 06, 2021
Christmas Floki X Surged by 400% | Bitmart Hacked: Lost Over $196 Million | Coinmonks News #24
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.
December 05, 2021
Why did Bitcoin crash to 42k today? | Coinmonks News #23
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.
December 04, 2021
Wirex to Give Away $1 Million Worth of Crypto | Okcoin hires former Facebook spokesperson | Coinmonks News #22
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.
December 03, 2021
Meta expands crypto ads eligibility on Facebook | LHV bank now supports crypto trading | Coinmonks News #21
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.
December 02, 2021
David Marcus Leaves Meta, Facebook, and Novi | UAE issues first NFT stamps in the Middle East | Coinmonks News #20
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.
December 01, 2021
Hacker Added Her Ethereum Wallet to Twitter's Tip Jar | Binance Resumes Dogecoin Withdrawals | Coinmonks News #19
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.
November 30, 2021
El Salvador’s President Responds to Bank of England | Blow to UK crypto exchanges | Coinmonks News #18
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.
November 29, 2021
Crypto Is Here To Stay, Says Paytm Founder | Bitcoin has More Transactions Than Paypal | Coinmonks News #17
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.
November 28, 2021
CRYPTO SCAMMERS made $9 Million on Fake YouTube streams | Coinmonks News #16
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.
November 27, 2021
New COVID-19 Variant Hits the Market and All Global Markets Crash with Bitcoin 7% Down | Coinmonks News #15
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.
November 26, 2021
India Reportedly Postpones to Test Digital Rubee in Q1 in 2023, Amid Banning Private Cryptos | Coinmonks News #14
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.
November 25, 2021
Fraudsters strip people of over $4 million in Bitcoin | IMF Warns of Economic Instability | Coinmonks News #13
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.
November 24, 2021
South Korea might Impose Tax on NFTs | Indian banks continue to resist crypto | Coinmonks News #12
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.
November 23, 2021
Shiba Inu team issues scam alert to SHIB investors | UK’s FCA to spend over $650k | Coinmonks News #11
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.
November 22, 2021 adds Polygon support for Ethereum | Demand for Verlux Token Surges | Coinmonks News #10, 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.
November 21, 2021
Ethereum becomes a ‘first-class currency’ | Solana is clear favorite with these investors | Coinmonks News #9
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.
November 20, 2021
India May Ban Crypto Payments | Binance to close Multi-Million Funding Round | Coinmonks News #8
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.
November 19, 2021
Indian Prime Minister views about Crypto | 3WM rewards for ecological actions | Coinmonks News #8
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.
November 18, 2021
ODIN Boards Cardano & Cooperates With OKEx | Israel Proposes New AML Rules | Coinmonks News #7
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.
November 17, 2021
Why did Bitcoin Crash to 58K in Less than 24 Hours? | AMC theatres Will Accept Shiba Inu | Coinmonks News #7
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.
November 16, 2021
Over 70% of Shiba Inu holders are in profit | Ethereum Regains Strength | Coinmonks News #6
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 $4850
November 15, 2021
Dogecoin Withdrawals Frozen | Shiba Inu Coming to India’s First Crypto Unicorn | Coinmonks News #5
Shiba Inu ($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.
November 13, 2021
Mastercard Forges Partnership In Asia | Singapore grants Binance, Coinbase | Coinmonks News #4
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.
November 12, 2021
Twitter officially hires Crypto team, here’s what to expect | Coinmonks News #3
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
November 11, 2021
European Digital Currencies Soon to Become Legal Tenders, ECB Says | Coinmonks News #2
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.
November 10, 2021
Bitcoin hits ATH at $68,600 | Solana Surpasses Tether by Market Cap | Coinmonks News #1
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.
November 09, 2021
ETH Hits an ATH while BTC retains 66k | Coinmonks News #0
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.
November 08, 2021