Cryptonewshttps://cryptonews.comA cryptocurrency is a type of digital or virtual currency which does not need to exist in a physical form to have value. These days cryptocurrencies have become extremely popular due to their decentralized exchange system between peers, making it essential for everyone to stay up to date with the latest cryptocurrency news today. Our original top cryptocurrency news will help you stay up to date about everything that's happening in the crypto world. Whether you are simply curious about the industry, are just starting out with cryptocurrencies or are a seasoned trader, we will make sure that staying up to date with the latest cryptocurrency news will be worth your time. The interesting thing about cryptocurrency news is that the industry is still very young and that the space is always evolving. New cryptocurrencies are popping up every day with certain projects clearly using blockchain technology better than others. Staying up to date with cryptocurrency news today will ensure you hear all about the interesting coins that are out there - particularly the disruptive ones that could be mass adopted and are pushing the boundaries of the cryptocurrency industry forward. The aim of cryptocurrency news today is not only to keep you up to date on all the cryptocurrency news, but to educate you on all the technological developments in the space, to portray an interesting vision of where the industry is headed, and to keep you informed on security measures to be aware of in order to protect your cryptocurrencies.https://v2.cimg.co/p/assets/android-chrome-512x512.pngCryptonewshttps://cryptonews.comThu, 19 May 2022 12:14:00 +0000enBlock Expects Bitcoin To Disrupt Legacy Payments, Boost Its Businesshttps://cryptonews.com/news/block-expects-bitcoin-disrupt-legacy-payments-boost-its-business.htm  <br /> Fueled by the ongoing expansion of the Lightning Network, bitcoin (BTC) has the potential to disrupt the existing legacy payment networks the world over -- and Block, the payments company formerly known as Square, hopes to use the cryptocurrency to boost its presence across the globe. ...<br /> <a href="https://cryptonews.com/news/block-expects-bitcoin-disrupt-legacy-payments-boost-its-business.htm">Read More: Block Expects Bitcoin To Disrupt Legacy Payments, Boost Its Business</a>Bitcoin NewsBitcoinSquareLightning NetworkWalletMiningDecentralizationThu, 19 May 2022 12:14:00 +0000https://cryptonews.com/news/block-expects-bitcoin-disrupt-legacy-payments-boost-its-business.htmA Curious Coincidence – Major Terra Backers Break Silence on Same Dayhttps://cryptonews.com/news/curious-coincidence-major-terra-backers-break-silence-same-day.htm  <br /> Several major backers of Terra (LUNA) and its failed algorithmic stablecoin terraUSD (UST) spoke out about last week’s dramatic events this Wednesday, after staying largely silent since the collapse happened 10 days ago. On the same day, Do Kwon’s plan for a new Terra blockchain was put to vote....<br /> <a href="https://cryptonews.com/news/curious-coincidence-major-terra-backers-break-silence-same-day.htm">Read More: A Curious Coincidence – Major Terra Backers Break Silence on Same Day</a>Altcoin NewsTerraPantera CapitalGalaxy DigitalMike NovogratzThu, 19 May 2022 11:30:00 +0000https://cryptonews.com/news/curious-coincidence-major-terra-backers-break-silence-same-day.htmTrademark Applications Suggest Meta May Launch Crypto Platformhttps://cryptonews.com/news/trademark-applications-suggest-meta-may-launch-crypto-platform.htm  <br /> Technology giant Meta, previously Facebook, has filed five trademark applications for a digital payments platform dubbed 'Meta Pay'. <br /> According to records submitted to the United States Patent and Trademark Office (USPTO), Meta filed five new trademark applications on May 13, which echo its future plans for a payment platform where users can exchange all forms of currencies....<br /> <a href="https://cryptonews.com/news/trademark-applications-suggest-meta-may-launch-crypto-platform.htm">Read More: Trademark Applications Suggest Meta May Launch Crypto Platform</a>Bitcoin NewsMetaFacebookMetaversePaymentsExchangeWalletThu, 19 May 2022 10:50:00 +0000https://cryptonews.com/news/trademark-applications-suggest-meta-may-launch-crypto-platform.htmTether in the Spotlight After USD 9B Worth of Redemptionshttps://cryptonews.com/news/tether-spotlight-after-usd-9bn-worth-of-redemptions.htm  <br /> The popular stablecoin tether (USDT) is again the subject of unwanted attention after approximately USD 9bn has been redeemed for US dollars by users in the aftermath of the terraUSD (UST) collapse. <br /> The redemptions have come despite USDT trading on exchanges within a rounding error of its USD 1 peg. At the time of writing (08:39 UTC), the stablecoin traded at USD 0.9989 according to coin tracking site CoinMarketCap, and USD 0.99917 per CoinGecko. <br /> Tether price in May:...<br /> <a href="https://cryptonews.com/news/tether-spotlight-after-usd-9bn-worth-of-redemptions.htm">Read More: Tether in the Spotlight After USD 9B Worth of Redemptions</a>Altcoin NewsTetherStablecoinTerraMarketDeFiThu, 19 May 2022 09:54:00 +0000https://cryptonews.com/news/tether-spotlight-after-usd-9bn-worth-of-redemptions.htmSouth Korean LUNA Buying Skyrockets, Token Trading at Huge Premium on Domestic Exchangeshttps://cryptonews.com/news/south-korean-luna-buying-skyrockets-token-trading-at-huge-premium-on-domestic-exchanges.htm  <br /> While some furious South Korean crypto investors are readying multiple lawsuits for Do Kwon and the masterminds of the troubled terra (LUNA) protocol, others in the country are snapping up LUNA tokens at rock-bottom prices – even though the coin is currently being delisted from most major exchanges in the country....<br /> <a href="https://cryptonews.com/news/south-korean-luna-buying-skyrockets-token-trading-at-huge-premium-on-domestic-exchanges.htm">Read More: South Korean LUNA Buying Skyrockets, Token Trading at Huge Premium on Domestic Exchanges</a>Altcoin NewsTerraSouth KoreaInvestingTradingExchangeUpbitBithumbBinanceMarketThu, 19 May 2022 09:09:00 +0000https://cryptonews.com/news/south-korean-luna-buying-skyrockets-token-trading-at-huge-premium-on-domestic-exchanges.htmEthereum's Ropsten Testnet to 'Merge' Next Month in Preparation for Proof-of-Stakehttps://cryptonews.com/news/ethereums-ropsten-testnet-to-merge-next-month-in-preparation-for-proof-of-stake.htm  <br /> Ethereum (ETH)'s Ropsten public testnet, which allows for blockchain development testing before deployment on the mainnet, is estimated to undergo "the Merge" on June 8 in preparation for the main Ethereum blockchain to switch to proof-of-stake (PoS) consensus. <br /> Ethereum DevOps engineer Parathi Jayanathi submitted a pull request for the Ropsten testnet Merge configuration code on Monday, which suggests that the code is ready to be implemented....<br /> <a href="https://cryptonews.com/news/ethereums-ropsten-testnet-to-merge-next-month-in-preparation-for-proof-of-stake.htm">Read More: Ethereum's Ropsten Testnet to 'Merge' Next Month in Preparation for Proof-of-Stake</a>Ethereum NewsEthereumProof-of-stakeProof-of-workThu, 19 May 2022 07:53:00 +0000https://cryptonews.com/news/ethereums-ropsten-testnet-to-merge-next-month-in-preparation-for-proof-of-stake.htmBitcoin and Ethereum Trend Lower, Altcoins Slide, AXS Moves Higherhttps://cryptonews.com/news/bitcoin-and-ethereum-trend-lower-altcoins-slide-axs-moves-higher.htm  <br /> Bitcoin price failed to start another increase, extended decline below USD 29,000, and even tested the USD 28,550 support zone before recovering. It is currently (04:05 UTC) consolidating losses near USD 29,200 and is down 2% in a day and up 1% in a week....<br /> <a href="https://cryptonews.com/news/bitcoin-and-ethereum-trend-lower-altcoins-slide-axs-moves-higher.htm">Read More: Bitcoin and Ethereum Trend Lower, Altcoins Slide, AXS Moves Higher</a>Bitcoin NewsbtcETHXRPADASOLBNBDOGEAltcoinsMarketThu, 19 May 2022 04:18:00 +0000https://cryptonews.com/news/bitcoin-and-ethereum-trend-lower-altcoins-slide-axs-moves-higher.htmCoinbase Bets On 'Enterprise-Grade' Liquid Staking Businesshttps://cryptonews.com/news/coinbase-bets-on-enterprise-grade-liquid-staking-business.htm  <br /> Major US-based crypto exchange Coinbase is backing the development of the "first-ever" enterprise-grade liquid staking protocol, bringing know-your-customer (KYC) checks to the world of decentralized finance (DeFi). <br /> According to an announcement from Coinbase on Tuesday, the new liquid staking protocol is being developed by Alluvial, a development firm made up of people with experience from various DeFi-related projects....<br /> <a href="https://cryptonews.com/news/coinbase-bets-on-enterprise-grade-liquid-staking-business.htm">Read More: Coinbase Bets On 'Enterprise-Grade' Liquid Staking Business</a>DeFi NewsDeFiRegulationCoinbaseSecurityStakingWeb3EthereumDAOThu, 19 May 2022 00:00:00 +0000https://cryptonews.com/news/coinbase-bets-on-enterprise-grade-liquid-staking-business.htmEthereum Leads in Web3, but Multiple Winners Possible – a16z Reporthttps://cryptonews.com/news/ethereum-leads-web3-but-multiple-winners-possible-a16z-report.htm  <br /> Ethereum (ETH), the second most valuable blockchain network in the world, still dominates the Web3 landscape due to its early start, although other blockchains such as Solana (SOL) are trying to catch up, a new report from venture capital giant Andreessen Horowitz (a16z) has said....<br /> <a href="https://cryptonews.com/news/ethereum-leads-web3-but-multiple-winners-possible-a16z-report.htm">Read More: Ethereum Leads in Web3, but Multiple Winners Possible – a16z Report</a>Ethereum NewsEthereumSolanaBitcoina16zWeb3Andreessen HorowitzFeesAdoptionWed, 18 May 2022 20:00:00 +0000https://cryptonews.com/news/ethereum-leads-web3-but-multiple-winners-possible-a16z-report.htmFrom Silence to Humbling Hell - Major Terra Backers Keep Low Profile as the Small Guy Is 'the Biggest Loser'https://cryptonews.com/news/from-silence-to-humbling-hell-major-terra-backers-keep-low-profile-as-the-small-guy-is-the-biggest-loser.htm  <br /> Major Terra (LUNA) backer Mike Novogratz of Galaxy Digital is still largely silent on the downfall of LUNA and the terraUSD (UST) algorithmic stablecoin, while some other institutional investors have put out vague statements that called the incident “hell for our entire community” and “incredibly humbling.”...<br /> <a href="https://cryptonews.com/news/from-silence-to-humbling-hell-major-terra-backers-keep-low-profile-as-the-small-guy-is-the-biggest-loser.htm">Read More: From Silence to Humbling Hell - Major Terra Backers Keep Low Profile as the Small Guy Is 'the Biggest Loser'</a>Altcoin NewsTerraAltcoinsInvestingMike NovogratzBinanceCelsius NetworkWed, 18 May 2022 18:00:00 +0000https://cryptonews.com/news/from-silence-to-humbling-hell-major-terra-backers-keep-low-profile-as-the-small-guy-is-the-biggest-loser.htmLegal Storm Brewing for Terra's Do Kwon & Co as ‘Hundreds’ of Investors Ready Complaintshttps://cryptonews.com/news/legal-storm-brewing-for-terras-do-kwon-co-as-hundreds-of-investors-ready-complaints.htm  <br /> Another headache appears to be incoming for Do Kwon (full name Kwon Do-hyeong) and his company Terraform Labs – with investors in South Korea ready to wage a legal battle against the CEO. <br /> Munhwa Ilbo reported that as many as three separate legal cases are now being mounted – each involving hundred of South Korean investors....<br /> <a href="https://cryptonews.com/news/legal-storm-brewing-for-terras-do-kwon-co-as-hundreds-of-investors-ready-complaints.htm">Read More: Legal Storm Brewing for Terra's Do Kwon & Co as ‘Hundreds’ of Investors Ready Complaints</a>Altcoin NewsDo KwonTerraAltcoinsInvestingLegalWed, 18 May 2022 16:30:00 +0000https://cryptonews.com/news/legal-storm-brewing-for-terras-do-kwon-co-as-hundreds-of-investors-ready-complaints.htmG7 to Discuss Crypto, Aave's Lens Protocol Goes Live, Terra's Team Shrinks + More Newshttps://cryptonews.com/news/g7-to-discuss-crypto-aaves-lens-protocol-goes-live-terras-team-shrinks-more-news.htm  <br /> Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. <br /> __________ <br />  ...<br /> <a href="https://cryptonews.com/news/g7-to-discuss-crypto-aaves-lens-protocol-goes-live-terras-team-shrinks-more-news.htm">Read More: G7 to Discuss Crypto, Aave's Lens Protocol Goes Live, Terra's Team Shrinks + More News</a>Bitcoin NewsWalletLedgerWeb3RobinhoodDeFiLegalBitcoinUSAHong KongRegulationG7UKEconomicsBinanceKuCoinAdoptionInvestmentAndreessen HorowitzPolygonAaveNFTCareerTerraKPMGMiningWed, 18 May 2022 15:41:00 +0000https://cryptonews.com/news/g7-to-discuss-crypto-aaves-lens-protocol-goes-live-terras-team-shrinks-more-news.htmCoinCorner Launches NFC-Enabled Bitcoin Card Powered by Lightning Networkhttps://cryptonews.com/news/coincorner-launches-nfc-enabled-bitcoin-card-powered-by-lightning-network.htm  <br /> Crypto exchange and web wallet provider CoinCorner has announced the launch of its Bolt Card, a contactless Bitcoin (BTC) card powered by near-field communication (NFC) and the Lightning Network (LN). <br /> The card allows users to leverage the power of the LN, a layer 2 (L2) payment protocol layered on top of Bitcoin that makes fast and cheap transactions. It, therefore, enables users to make instant payments by tapping the card against a sale device displaying a Lightning invoice....<br /> <a href="https://cryptonews.com/news/coincorner-launches-nfc-enabled-bitcoin-card-powered-by-lightning-network.htm">Read More: CoinCorner Launches NFC-Enabled Bitcoin Card Powered by Lightning Network</a>Bitcoin NewsExchangeWalletBitcoinLightning NetworkAdoptionPaymentsWed, 18 May 2022 15:02:00 +0000https://cryptonews.com/news/coincorner-launches-nfc-enabled-bitcoin-card-powered-by-lightning-network.htmCoinbase Slows Down Hiring Plans Amid Market Downturn, Lower Financial Resultshttps://cryptonews.com/news/coinbase-slows-down-hiring-plans-amid-market-downturn-lower-financial-results.htm  <br /> The ongoing downturn in the crypto markets is triggering changes to the hiring plans by some of the major industry players, with crypto exchange Coinbase announcing it will slow down its expansion plans with regard to creating new jobs this year. The latest development follows the release of disappointing financial results for the first quarter of 2022....<br /> <a href="https://cryptonews.com/news/coinbase-slows-down-hiring-plans-amid-market-downturn-lower-financial-results.htm">Read More: Coinbase Slows Down Hiring Plans Amid Market Downturn, Lower Financial Results</a>Bitcoin NewsCoinbaseExchangeBinanceMarketCareerWed, 18 May 2022 14:00:00 +0000https://cryptonews.com/news/coinbase-slows-down-hiring-plans-amid-market-downturn-lower-financial-results.htmShiba Inu Army, Look Away: Survey Claims SHIB Will Be Worthless by 2030https://cryptonews.com/news/shiba-inu-army-look-away-survey-claims-shib-will-be-worthless-by-2030.htm  <br /> Fans of shiba inu (SHIB) will be dismayed to hear that fintech specialists say that the doggy-themed coin will be worth nothing at all in eight years’ time – with most opining that the time has come for Shib Army soldiers to ditch their coins...before it’s too late....<br /> <a href="https://cryptonews.com/news/shiba-inu-army-look-away-survey-claims-shib-will-be-worthless-by-2030.htm">Read More: Shiba Inu Army, Look Away: Survey Claims SHIB Will Be Worthless by 2030</a>Altcoin NewsShiba inuAltcoinsMarketForecastSurveyWed, 18 May 2022 13:00:00 +0000https://cryptonews.com/news/shiba-inu-army-look-away-survey-claims-shib-will-be-worthless-by-2030.htmBitcoin and Ethereum Stuck Near Key Levels, Altcoins Strugglehttps://cryptonews.com/news/bitcoin-and-ethereum-stuck-near-key-levels-altcoins-struggle.htm  <br /> Bitcoin price is struggling to gain momentum above USD 30,000 and is currently (11:46 UTC) trading near USD 29,850 while holding the key USD 29,000 support. A downside break below USD 29,000 could start a stronger bearish wave. BTC is down 2% in a day and 3% in a week....<br /> <a href="https://cryptonews.com/news/bitcoin-and-ethereum-stuck-near-key-levels-altcoins-struggle.htm">Read More: Bitcoin and Ethereum Stuck Near Key Levels, Altcoins Struggle</a>Ethereum NewsbtcETHXRPADASOLBNBDOGEAltcoinsMarketWed, 18 May 2022 11:59:00 +0000https://cryptonews.com/news/bitcoin-and-ethereum-stuck-near-key-levels-altcoins-struggle.htm