Cryptocurrency

György Matolcsy, Governor of the Hungarian National Bank, has proposed a blanket ban on all cryptocurrency trading and mining operations across the European Union.  Governor Matolcsy cited the recent crypto ban imposed by China in a blog post shared by the Hungarian central bank a.k.a. Magyar Nemzeti Bank (MNB) titled “Time has come to ban

In a new chapter of the EOS community versus creators saga, the EOS Network Foundation’s (ENF) founder and “community-elected CEO” Yves La Rose revealed that they are preparing for a legal “war” against EOS creators Block.one. According to La Rose, they are reviewing any potential legal action “to seek $4.1B in damages.” Currently, the EOS

Bitcoin (BTC) and Ether (ETH) are sure long bets for 2022, prominent investor and commenter Zhu Su says. In a tweet on Feb. 10, Zhu, co-founder of hedge fund Three Arrows Capital (3AC), argued that BTC and ETH were the best options for investment this year, along with oil, while the S&P 500 is a

When analyzing Ether’s (ETH) price chart, one could conclude that the 3-month long bearish trend has been broken for a few reasons. The current $3,100 price range represents a 43% recovery in 15 days and, more importantly, the descending channel resistance was ruptured on Feb. 7.  Should Ether bulls start celebrating and calling for $4,000

Today, Singapore-based crypto exchange, Bybit, announced a new partnership with digital assets institution Cabital for EUR and GBP on-ramp integration.  Bybit crypto exchange platform users can now use EUR and GBP to buy cryptocurrency directly on the system through Cabital’s fiat on-ramp solution, with no transfer fees between their Bybit and Cabital wallets. According to

A decentralized autonomous organization (DAO) set up to support the liberation of WikiLeaks founder Julian Assange from prison has raised 12,569 ETH or around $38.8 million at current prices. Assange is currently fighting extradition to the United States following a court ruling in December that overruled a British court ruling barring extradition. He is currently

Bitcoin (BTC) zoned in on a multi-week high for the weekly close on Feb. 6 as a calm weekend helped fragile sentiment. Bitcoin should flip $41,000 to support  Data from Cointelegraph Markets Pro and TradingView followed a mercifully non-volatile weekend for BTC/USD, which continued to test $42,000 resistance while retaining $40,000 as support. Friday’s unexpected gap

The U.S. Department of the Treasury released a study on the high-value art market, highlighting the potential in the nonfungible tokens (NFT) space to conduct illicit money laundering or terror financing operations. The treasury’s “Study of the facilitation of money laundering and terror finance through the trade in works of art” suggested that the increasing

Li Jiang, COO at Harmony, believes that a bridge connecting all existing blockchains is key to onboard the first 1 billion users on Web 3.  “We think that the future is multichain and cross-chain, that you should be able to move assets very easily from one chain to another, with good prices, with good rates

Bitcoin (BTC) recovered much of its recent losses on Feb. 4 but concerns remained that a retest of $30,000 was incoming. $38,600 remains focal pivot Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to $38,000 Friday, up over 2% in 24 hours. The pair saw a strong comeback overnight after suffering at the

Bitcoin (BTC) recovered above $37,000 on Feb. 3 after a stocks rout took the wind out of bulls’ latest attempt to crack $40,000 resistance. “Extraordinary moves” for stocks Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying lower after briefly hitting $36,650 on Bitstamp Wednesday. The weakness followed shock losses for U.S. equities at the

Bitcoin (BTC) fell on the Wall Street open on Feb. 2 as another tech stock rout panicked traders.  Bitcoin: “Macro FUD is driving all”  Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it dipped below $38,000 as Wall Street began, giving back half of the gains secured on Monday. At the time of writing,

“The Market Report” with Cointelegraph is live right now!  In this week’s show, Cointelegraph’s resident experts discuss which play-to-earn (P2E) games have the potential to dethrone Axie Infinity. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook

Bitcoin (BTC) is retaking market share from altcoins after its market cap dominance hit its highest since November 2021 last week. Data from CoinMarketCap and TradingView reveals BTC briefly accounted for over 42% of the overall crypto market cap in late January. Bitcoin claws back market cap presence Having suffered on the way down from

The United Nations Children’s Fund has called for incorporating child safeguards into online child protection initiatives, citing financial and exploitative threats posed by unregulated crypto markets. UNICEF’s “Prospects for children in 2022” report, which examines the impact of global trends on children, anticipates further mainstream adoption of cryptocurrencies — “demonstrating both the promise of greater financial

In the world of digital finance, where the weapon of choice for a heist is a computer rather than a semi-automatic firearm, tracking down scams and frauds from across the world becomes a near-impossible feat for centralized police forces.  However, in an interview with Cointelegraph, an anonymous cyber vigilante shares insights into how he went

Etherscan is the most trusted tool for navigating through all the public data on the Ethereum blockchain and is sometimes called “Ethplorer.” This data includes transaction data, wallet addresses, smart contracts and much more. The application is self-contained and is neither sponsored nor administered by the Ethereum Foundation, which is a non-profit organization. The team

Let’s be blunt: Being in a bear market sucks profoundly as a crypto trader. Most strategies that work when everything is green lead to losses. Growing the value of a portfolio takes twice as much work for half as much progress. The uncertainty over how long the market will remain down is exhausting. During these

High-profile hacks have become more prevalent throughout the cryptocurrency market, and Qubit Finance is one of the latest decentralized finance (DeFi) protocols to be exploited by hackers. Hackers were able to access and steal over $80 million from Qubit Finance which is based on Binance Smart Chain the protocol confirmed via a tweet Friday. The addresses linked

Turkish President Recep Tayyip Erdoğan and ruling Ak Party officials met earlier this week to discuss the metaverse, with the president calling for comprehensive research on the subject. Erdoğan has reportedly urged the Ak Party to study the metaverse, cryptocurrencies, and how transactions are made using them, according to a Daily Sabah report. At a