According to official news, the Mexican cryptocurrency exchange Bitso has listed TRX.
Founded in 2014, Bitso is a cryptocurrency exchange in Mexico that aims to provide financial services to banks and non-banks through blockchain technology and digital assets.
Brazil’s Sao Paulo Football Club has announced that it will start accepting cryptocurrencies as a payment method for tickets, with payment being facilitated by Bitso, one of the official sponsors of Sao Paulo Football Club.
Heading into 2022, cryptocurrencies fell sharply in 2022 as investors abandoned riskier investments. But JPMorgan said it generally sees “upside” in bitcoin and crypto markets following the sell-off, making digital assets the preferred alternative investment.
Economists at Goldman Sachs Group Inc., led by Jan Hatzius, noted that U.S. households totaled $150 trillion in net worth last year.
So relative to overall household net worth, even though the value of the cryptocurrency market has slipped to about $1.3 trillion from $2.3 trillion last year.
Such a drop is still “very small”. They expect the recent cryptocurrency plunge to be a relatively minor drag on total spending and the U.S. economy.
The 25th most populous U.S. state is creating a cryptocurrency adoption council, according to a report by The Daily Advertiser, a regional newspaper based in Lafayette, Louisiana.
Rep. Mark Wright of Louisiana introduced a resolution to create a committee that, after being approved by the House Appropriations Committee, must pass the full House before it enters the Louisiana Senate.
Wright also proposed a bill that would allow politicians to accept campaign contributions in cryptocurrencies. The Republican lawmaker believes that Louisiana could become a trailblazer in the crypto space.
Argo Blockchain reported first-quarter net profit of £1.6 million ($2.1 million), down more than 90 percent year-on-year. Argo cited factors such as changes in the fair value of digital currencies, where Bitcoin was around $40,000 in the first quarter, compared with nearly $60,000 in the same period last year.
Argo mined 470 bitcoins and their equivalent, compared to 387 in the same period last year. Argo held 2,700 bitcoins and bitcoin equivalents at the end of the first quarter.
Argo has borrowed $70.6 million in recent weeks from a New York Digital Investment Group (NYDIG) subsidiary to buy mining equipment for its Helios facility in Texas, which will run at 200 megawatts and potentially raised to 800 MW.
Microsoft has warned that a new threat is emerging against online cryptocurrency wallets. Microsoft has dubbed the new threat “cryware,” and these attacks lead to the irreversible theft of virtual currency through fraudulent transfers to adversary-controlled wallets. In a new report, Berman Enconado and Laurie Kirk of Microsoft’s 365 Defense research team say that Cryware is created directly from a non-custodial cryptocurrency wallet (also known as a hot wallet). wallet) information stealers who collect and steal data. Unlike custodial wallets, hot wallets are stored locally on the device, making it easier to obtain the encryption keys needed to execute transactions, so more and more threats are targeting them.
Nomura will launch a new company to help institutional clients diversify into cryptocurrencies, DeFi and NFTs. Japan’s largest investment bank will consolidate some digital asset services into a wholly-owned subsidiary that will have about 100 employees by the end of 2023, according to people familiar with the company’s plans.
The plan is said to have been under discussion for four years. Last week, Nomura Securities successfully traded its first bitcoin futures and options on CME through Cumberland, the cryptocurrency trading arm of DRW.
Japanese venture capital firm Skyland Ventures (SV) has announced the launch of SV4 Fund, a new $40 million seed venture capital fund focused on Web3.
On the basis of continuing its extensive investment in Internet companies in the past, SV4 Fund will also actively invest in global startups in the field of Web3 (cryptocurrency, NFT, blockchain) in the form of equity and Token.
British YouTube blogger and rapper JJ Olatunji (aka KSI) revealed Thursday that the $2.8 million he invested in Terra (LUNA) plummeted to less than $1,000 in a day. KSI said he has lost at least $8 million in cryptocurrencies so far and admitted to a gambling addiction.
Justin Sun tweeted that the UST/USDD pool has been deployed on Uniswap.
South Korea’s largest online bank KakaoBank is considering a partnership with a digital currency exchange.
According to official news, the TRON decentralized algorithm stable currency USDD was officially issued and circulated on May 5. As of May 6, the total amount of USDD issued was 126,720,006 US dollars, exceeding 120 million US dollars, and the corresponding TRX destruction amount was 1,670,366,012 TRX, exceeding 1.6 billion TRX.
U.S. Senators Elizabeth Warren and Tina Smith wrote to Fidelity Investments CEO Abigail Johnson that crypto assets are a risky and speculative gamble.
According to Coinmarketcap data, the overall market value of cryptocurrencies has fallen below US$1.5 trillion, and is currently at US$1.48 trillion, down 3.3% in the past 24 hours, of which Bitcoin’s market dominance fell to 40.3% and Ethereum’s dominance was 19.3%. . Additionally, the total cryptocurrency market volume over the past 24 hours was $166 billion.
The Block released market analysis data for April, which showed that bitcoin miner revenue fell 4.3% to $1.16 billion in April, while ethereum miner revenue rose 6.2% to $1.33 billion. Notably, this is the 12th consecutive month that Ethereum miner revenue has surpassed Bitcoin miner revenue.
According to the April crypto market analysis data released by The Block, BTC/ETH futures open interest and options open interest both fell, and Bitcoin futures open interest and Ethereum futures open interest both appeared in April this year.
Thomas Jordan, chairman of the Swiss National Bank (SNB), said in response to questions at the SNB annual meeting that there is currently no interest in holding Bitcoin (BTC), but may move quickly at some point, buying Bitcoin is for us Not a problem, we can do this directly, or buy Bitcoin-based investment products, and we can arrange technical and operational conditions relatively quickly when we are convinced that we must have Bitcoin on our balance sheet.
U.S. lawmakers from both parties are introducing a bill that would give the U.S. Commodity Futures Trading Commission (CFTC) a greater role in overseeing the cryptocurrency spot market.
Switzerland has the most profitable bitcoin traders in the world, with gains of $1,268 per investor in 2021, according to a new study by Invezz.com.
Indonesian tech giant Gojek sold it for nearly $200 million to Zhou Wei, the former CFO of Binance, who confirmed the acquisition to the outlet.
Camila Russo, author of the best-selling book “Infinite Machines”, said on her social networking site that British film director Ridley Scott will serve as the director of the film version of Ethereum’s growth history “Infinite Machines”.
Technical analysis by Katie Stockton, founder and managing partner of Fairlead Strategies, shows that a bullish signal for Bitcoin has emerged, supporting a continuation of Bitcoin price gains towards the widely tracked 200-day simple moving average (SMA).
WhaleStats data shows that nearly 4 hours ago, Ethereum whale Bombur (ranked 19th in WhaleStats’ wallet ranking) purchased a total of 50992035458 Shib Inu (SHIB) worth $1269191.
The Blockchain Technology Association of Nigeria (SIBAN) has called on the government to stop discriminating and demonizing blockchain and cryptocurrencies.
A cafe in Dubai called Bake N More now accepts SHIB and other cryptocurrencies for payment.
According to an analysis of Google Trends data by crypto experts at Coin Insider, Dogecoin is the most searched coin in 23 states including Illinois, Hawaii, New Jersey and Florida, and Bitcoin is the second most searched cryptocurrency.
Hong Kong-based cryptocurrency social investment platform Kikitrade closed a $6 million funding round with App Works and Media Asia co-led, with participation from investors including Audeo Ventures and existing shareholders.
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A report found that 44 percent of Germans said they would be willing to invest in cryptocurrencies. 37% of German cryptocurrency investors say they have been investing in cryptocurrencies for more than a year.
UK police are returning stolen cryptocurrency to scam victims affected by the Binance Smart Chain (BSC) attack.
Cryptocurrency wallet Wirex has withdrawn its application to register with the UK’s Financial Conduct Authority (FCA), but will still offer its services to UK users through a Croatia-based company called Wirex Digital, which is registered with local regulator HANFA.
Music producer Don Jazzy and rapper MI Abaga have signed endorsement deals with cryptocurrency exchange Quidax.
New York Senator Kirsten Gillibrand and Wyoming Senator Cynthia Lummis are collaborating on a cryptocurrency regulatory framework bill that promises clear regulation of cryptocurrencies.
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Wyoming Republican Senator Cynthia Lummis’s encryption bill, which is likely to be co-sponsored by one or two Democratic senators, is under secrecy, sources said.
Terraform Labs CEO and Terra founder Do Kwon tweeted on Tuesday that the Luna Foundation Guard (LFG) has raised $2.2 billion for its bitcoin reserves and hopes to hit $3 billion in the short-term, with a long-term goal of $10 billion.
Investment firm Fidelity has launched two new bitcoin exchange-traded products (ETPs) on the Swiss SIX exchange, the third-largest stock exchange in the European Union.
On March 21, the Ministry of Communications and Multimedia Malaysia suggested that digital currencies such as cryptocurrencies should be used as legal tender to help the younger generation who are actively using cryptocurrencies on NFT trading platforms.
Research firm Fundstrat said in its latest report to clients on March 16 that the sector has attracted an average of between $800 million and about $2 billion in weekly investment since the start of the year.
According to official news, the NirvanaMeta public chain project party will put 40730000MNU in circulation into the black hole for destruction.
According to CoinGecko data, the current cryptocurrency market capitalization is $1.98 trillion, and the 24-hour trading volume is $112.83 billion.
Paul Daly, Head of Distribution Products and Solutions, BNP Paribas Securities Services, and Carole Michel, Senior Global Product Manager, Fund Distribution, discuss how DLT (Distributed Ledger Technology) and tokenization will reshape the fund distribution value chain.
Eight U.S. lawmakers have written to the chair of the U.S. Securities and Exchange Commission (SEC) explaining how the agency collects information from cryptocurrency companies.
Binance CEO Changpeng Zhao said that cryptocurrency exchange Binance is looking into acquiring a Brazilian bank and payment processor.
On March 17, Apple co-founder Steve Wozniak said he is skeptical of most cryptocurrencies. “Investing in cryptocurrencies is too risky for the average person.
The organizers of the bitcoin fundraiser HonkHonk Hodl have raised more than $1 million in cryptocurrency as protests against truckers in Canada heat up, March 16.
On March 15th, the cryptocurrency index community Index Coop announced a partnership with smart contract wallet Argent.
On Monday, the European Parliament’s Committee on Economic and Monetary Affairs voted 31-4 in favor of a new draft of the framework for the Markets in Crypto Assets (MiCA), with 23 abstentions.