Global private bank LGT to open Bitcoin and Ether trading

LGT Group, a top family-owned private banking and asset management group, is moving into cryptocurrency by launching Bitcoin (BTC) and Ether (ETH) investments at LGT Bank in Liechtenstein. Managing over $292 billion of assets, LGT Bank is preparing to debut digital asset custody and trading services in cooperation with Swiss cryptocurrency bank Seba, according to …

BTC price gains 4% pre-Fed as MicroStrategy vows to protect Bitcoin from $21K crash

Bitcoin (BTC) saw classic “choppy” price action on May 4 with hours to go before fresh Federal Reserve cues. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bulls pin hopes on history Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it bounced between support and resistance after hitting $37,600 Tuesday evening. A subsequent bounceback …

‘They didn’t see it coming:’ Podcaster Joe Rogan sees Bitcoin as a viable form of currency

Popular podcaster Joe Rogan just gets Bitcoin (BTC). In his most recent podcast with Khalil Rountree, a renowned mixed martial (MMA) fighter, Rogan explained that BTC is something that the “government didn’t see coming.” “I think of Bitcoin the same way I think of the early internet. They [the government] didn’t see it coming and …

SEC expands crypto team to bolster consumer protection efforts

The U.S. Securities Exchange Commission (SEC) is looking to nearly double its crypto team to protect investors and combat violations in the crypto industry. A report unveiled this news earlier today, citing an announcement from the regulator. Reportedly, the regulator’s Crypto Assets and Cyber team, a unit of the SEC’s Enforcement Division, plans to add …

The Secret for Creating DeFi Content “Your Dad Could Understand”

Known only as blocmates on Twitter, Grant is a crypto content creator that “your dad could understand,” and he specializes in DeFi which often has the most difficult kinds of crypto products to understand. He recently joined the Bitcoin.com News Podcast to talk about the market: Among the many interesting topics discussed this episode are …

Anonymous Hackers Claim to Have Breached Russian Payment Service Provider Qiwi

A hacking group linked to the Anonymous collective has allegedly hit the popular Russian payment processor Qiwi. Network Battalion 65 announced on social media it had managed to gain access to the platform’s databases — a claim the company has denied. Anonymous Affiliate Hacks Russian Payment System Qiwi Hackers from Network Battalion 65 (NB65), a …

Finance School Bentley University Now Accepts Cryptocurrency Payments for Tuition

Bentley University, the private university located in Waltham, Massachusetts, has revealed it now accepts digital currencies for tuition payments. Bentley University’s president explained that the school has been “at the forefront in preparing business leaders” and further remarked that the faculty is “proud to embrace” the same technology its students are learning about today. Bentley …

Pakistan Forms Committees to Decide Whether Crypto Should Be Legalized or Banned

The Pakistani government has formed three committees to decide whether to establish a legal framework for cryptocurrency or ban it. The committees will review all aspects of the cryptocurrency business and come up with recommendations on the country’s crypto policy. Committees Constituted to Decide on the Legal Status of Cryptocurrency in Pakistan Pakistan’s federal government …

GameFi-NFT, Monopoly Millionaire Game, Will Be Pre-Released on May 25

press release PRESS RELEASE. The gaming ecosystem has been at the forefront of the NFT and other blockchain innovations’ adoption. However, despite the impact of the play-to-earn gaming model in driving blockchain adoption, it has been highly criticised due to most gaming projects’ models. It is believed that blockchain games sacrifice the quality of the …

New Move-To-Earn Token Explodes Over 243% in Just Seven Days Amid Crypto Market Doldrums

A small-cap altcoin offering users the ability to earn tokens through active participation is outpacing the crypto markets in a big way. The move-to-earn Step App (FITFI) is a Web 3.0 digital fitness protocol that merges exercise, socializing, playing and earning crypto into one. FITFI stands for Fit Finance. As part of the app’s gaming …

Bitcoin-friendly Republican candidate JD Vance wins Ohio Senate primary

JD Vance has won the Ohio Republican Senate primary election, making him the GOP’s candidate in the highly anticipated Senate race against Democrat Tim Ryan in which both parties are trotting out crypto-friendly candidates. The Guardian reported that Vance may have been pushed to victory on Tuesday by a last-minute endorsement from former President Donald …

Quantum-based random number generator for Web3 games and wallets launched

Researchers at Australia National University have teamed up with blockchain oracle provider AP13 to launch the first Quantum Random Number Generator (QRNG). The joint effort will allow Web3 entities to access a completely unpredictable random number generation system that is highly secure and free to use. Random number generators are not new, but the QRNG …

WSJ says ‘the NFT market is collapsing’ but the data says otherwise

An article in the Wall Street Journal has claimed sales of non-fungible tokens (NFTs) are “flatlining” — in the same week that the top five collections alone accounted for more than $1 billion in primary and secondary sales. The article cited data from NFT market analysis platform Nonfungible suggesting the number of NFT sales has …

South Korea’s new president delays crypto taxes in favor of consumer protections

South Korea’s newly-elected president Yoon Seok-yeol announced Tuesday he would push to defer taxation on crypto investment gains at least until a new set of regulations called the Digital Asset Basic Act is enacted. South Korea’s crypto tax was initially set to come into effect for the 2022 fiscal year, but was pushed back to …

Bitcoin funds saw largest single week of outflows since June 2021

Institutional investors shed $133 million worth of Bitcoin (BTC) investment products last week, marking the largest week of outflows since June last year. According to the latest edition of CoinShares’ weekly Digital Asset Fund Flows report, the overall digital asset fund outflows for the week ending April 29 totaled $120.1 million, with the large Bitcoin …

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