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, 11 Aug 2022 17:00:00 +0000enNo ‘Black and White’ Answer to the Proof-of-Work vs. Proof-of-Stake Question, Says Krakenhttps://cryptonews.com/news/no-black-and-white-answer-to-the-proof-of-work-vs-proof-of-stake-question-says-kraken-1.htmThe proof-of-work versus proof-of-stake face-off does not need to be a fight to the death, a new report has suggested – and a more nuanced approach could pay off for crypto players now fretting about which side of the fence they should be on. <br /> The claims were made in a report on PoW and PoS from the crypto exchange Kraken’s Kraken Intelligence unit, which noted that both types of blockchain consensus mechanisms come with considerable benefits and drawbacks....<br /> <a href="https://cryptonews.com/news/no-black-and-white-answer-to-the-proof-of-work-vs-proof-of-stake-question-says-kraken-1.htm">Read More: No ‘Black and White’ Answer to the Proof-of-Work vs. Proof-of-Stake Question, Says Kraken</a>Bitcoin NewsBitcoinEthereumBlockchainDecentralizationScalabilityProof-of-workProof-of-stakeThu, 11 Aug 2022 17:00:00 +0000https://cryptonews.com/news/no-black-and-white-answer-to-the-proof-of-work-vs-proof-of-stake-question-says-kraken-1.htmBlackRock Doubles Down on Bitcoin, UNCTD vs. Crypto, DoJ Not Happy With Celsius + More Newshttps://cryptonews.com/news/blackrock-doubles-down-on-bitcoin-unctd-vs-crypto-doj-not-happy-with-celsius-more-news.htmGet your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...<br /> <a href="https://cryptonews.com/news/blackrock-doubles-down-on-bitcoin-unctd-vs-crypto-doj-not-happy-with-celsius-more-news.htm">Read More: BlackRock Doubles Down on Bitcoin, UNCTD vs. Crypto, DoJ Not Happy With Celsius + More News</a>Bitcoin NewsLegalUSABitcoinEthereumCoinbaseVoyager DigitalBinanceExchangePhilippinesIndiaEURegulationSecurityEconomicsPolygonNFTInvestmentETFWeb3PolkadotBlackrockThu, 11 Aug 2022 15:18:00 +0000https://cryptonews.com/news/blackrock-doubles-down-on-bitcoin-unctd-vs-crypto-doj-not-happy-with-celsius-more-news.htmBlock Bitcoin Wallet Team Reveals Their Plans and Seeks Feedbackhttps://cryptonews.com/news/block-bitcoin-wallet-team-reveals-their-plans-and-seeks-feedback.htmTwitter founder Jack Dorsey's payment firm Block shared more details about its previously announced wallet, focusing on the plans for combining safety and ease of use/access in order to create a broader and less ‘hesitant’ customer base....<br /> <a href="https://cryptonews.com/news/block-bitcoin-wallet-team-reveals-their-plans-and-seeks-feedback.htm">Read More: Block Bitcoin Wallet Team Reveals Their Plans and Seeks Feedback</a>Bitcoin NewsSquareWalletBitcoinSecurityThu, 11 Aug 2022 13:22:00 +0000https://cryptonews.com/news/block-bitcoin-wallet-team-reveals-their-plans-and-seeks-feedback.htmBitcoin and Ethereum Extend Gains, LDO and CEL Outperformhttps://cryptonews.com/news/bitcoin-and-ethereum-extend-gains-ldo-and-cel-outperform.htmBitcoin price started a fresh increase above the USD 23,500 resistance and settled above the USD 24,000 level. It is currently (12:20 PM UTC) trading just above USD 24,500 and is up almost 7% in a day and over 7% in a week. <br /> Similarly, most major altcoins are eyeing further gains. ETH might climb further above USD 1,900 and might test the USD 2,000 resistance. XRP could gain pace if it clears USD 0.385. ADA is facing resistance near USD 0.55. <br /> Total market capitalization...<br /> <a href="https://cryptonews.com/news/bitcoin-and-ethereum-extend-gains-ldo-and-cel-outperform.htm">Read More: Bitcoin and Ethereum Extend Gains, LDO and CEL Outperform</a>Altcoin NewsbtcETHXRPADASOLBNBDOGEAltcoinsMarketThu, 11 Aug 2022 12:30:00 +0000https://cryptonews.com/news/bitcoin-and-ethereum-extend-gains-ldo-and-cel-outperform.htmUS IRS Comes After Clients of Another Crypto Exchangehttps://cryptonews.com/news/us-irs-comes-after-clients-of-another-crypto-exchange.htmIn a tax-related effort, the US Internal Revenue Service (IRS) is asking permission to look into the customers of crypto prime dealer SFOX Inc. and its partner. <br /> The service responsible for collecting taxes is seeking to do just that – collect taxes, but this time it’s searching to identify the platform’s crypto customers, presumably those who have not yet paid this compulsory contribution to state revenue, Bloomberg reported....<br /> <a href="https://cryptonews.com/news/us-irs-comes-after-clients-of-another-crypto-exchange.htm">Read More: US IRS Comes After Clients of Another Crypto Exchange</a>Bitcoin NewsUSAIRSTaxExchangeBankingCryptocurrencyThu, 11 Aug 2022 09:54:00 +0000https://cryptonews.com/news/us-irs-comes-after-clients-of-another-crypto-exchange.htmCrypto Exchanges Hotbit and Bitfinex Face Regulatory Headwindshttps://cryptonews.com/news/crypto-exchanges-hotbit-bitfinex-face-regulatory-headwinds.htmChina-based crypto exchange Hotbit has suspended withdrawals after its assets were frozen due to an ongoing investigation. Meanwhile, Tether's sister company Bitfinex is ostensibly facing legal investigation in the US. <br /> Hotbit announced Wednesday that it has suspended trading, deposit, withdrawal, and funding functions due to an ongoing investigation into a former employee....<br /> <a href="https://cryptonews.com/news/crypto-exchanges-hotbit-bitfinex-face-regulatory-headwinds.htm">Read More: Crypto Exchanges Hotbit and Bitfinex Face Regulatory Headwinds</a>Bitcoin NewsExchangeBitfinexUSALegalThu, 11 Aug 2022 07:55:00 +0000https://cryptonews.com/news/crypto-exchanges-hotbit-bitfinex-face-regulatory-headwinds.htmEthereum's Last Test Before the Merge ‘Quite Good’ Despite 'Confusion'https://cryptonews.com/news/ethereums-last-test-before-the-merge-quite-good-despite-confusion.htmThe Goerli testnet merge, Ethereum (ETH)'s third and final testnet merge before the blockchain transitions to proof-of-stake (PoS) from its current proof-of-work (PoW) mechanism, has ostensibly been successful.  <br /> The merge was executed today at around 1:45 UTC. The testnet merge saw the Goerli testnet merge with the Prater testnet, a PoS beacon chain, and represents the final test run before the actual Merge takes place. <br /> pandas on the screen! pic.twitter.com/0nYll6gImH...<br /> <a href="https://cryptonews.com/news/ethereums-last-test-before-the-merge-quite-good-despite-confusion.htm">Read More: Ethereum's Last Test Before the Merge ‘Quite Good’ Despite 'Confusion'</a>Ethereum NewsEthereumProof-of-stakeThu, 11 Aug 2022 06:26:00 +0000https://cryptonews.com/news/ethereums-last-test-before-the-merge-quite-good-despite-confusion.htmBitcoin and Ethereum Keep Inching Higher, CEL Doubles in a Weekhttps://cryptonews.com/news/bitcoin-and-ethereum-keep-inching-higher-cel-doubles-in-a-week.htmBitcoin price formed a strong base above USD 22,650 and rallied on US inflation news yesterday. BTC is now (03:59 UTC) trading near the USD 24,400 level and is up over 6% in a day and almost 7% in a week. <br /> Similarly, most major altcoins are eyeing more upsides. ETH rallied over 12% and surpassed the USD 1,880 resistance. XRP might test the USD 0.40 resistance while ADA is approaching the USD 0.55 resistance. <br /> Total market capitalization...<br /> <a href="https://cryptonews.com/news/bitcoin-and-ethereum-keep-inching-higher-cel-doubles-in-a-week.htm">Read More: Bitcoin and Ethereum Keep Inching Higher, CEL Doubles in a Week</a>Bitcoin NewsbtcETHXRPADASOLBNBDOGEAltcoinsMarketThu, 11 Aug 2022 04:15:00 +0000https://cryptonews.com/news/bitcoin-and-ethereum-keep-inching-higher-cel-doubles-in-a-week.htmChinese Web Censor Resolves to Keep Cracking Down on Crypto After Closing 12K Social Media Accountshttps://cryptonews.com/news/chinese-web-censor-resolves-keep-cracking-down-crypto-after-closing-12k-social-media-accounts.htmChina’s internet censor has struck again – and says it will continue to carry out a national crypto crackdown after closing thousands of crypto-related social media accounts and ordering the deletion of tens of thousands of crypto-themed posts....<br /> <a href="https://cryptonews.com/news/chinese-web-censor-resolves-keep-cracking-down-crypto-after-closing-12k-social-media-accounts.htm">Read More: Chinese Web Censor Resolves to Keep Cracking Down on Crypto After Closing 12K Social Media Accounts</a>Bitcoin NewsChinaBanRegulationMediaCryptocurrencyScamThu, 11 Aug 2022 00:00:00 +0000https://cryptonews.com/news/chinese-web-censor-resolves-keep-cracking-down-crypto-after-closing-12k-social-media-accounts.htmBukele Takes a Laugh at South Korean Drama Featuring a Crypto-loving Character Based on Himhttps://cryptonews.com/exclusives/bukele-takes-a-laugh-at-south-korean-drama-featuring-a-crypto-loving-character-based-on-him.htmThe latest episode of a South Korean drama series about scorned women looking for revenge featured a character based on the El Salvadoran President Nayib Bukele – and the Bitcoin (BTC)-keen leader is looking on the light side. <br /> The drama in question is named “Becoming Witch” and is currently airing on Netflix and TV Chosun. Its Korean title is “Manyeoneun Salassida” (마녀는 살아있다, literally “The Witch Is Alive”)....<br /> <a href="https://cryptonews.com/exclusives/bukele-takes-a-laugh-at-south-korean-drama-featuring-a-crypto-loving-character-based-on-him.htm">Read More: Bukele Takes a Laugh at South Korean Drama Featuring a Crypto-loving Character Based on Him</a>People In CryptoEl SalvadorEntertainmentSouth KoreaNayib BukeleWed, 10 Aug 2022 20:00:00 +0000https://cryptonews.com/exclusives/bukele-takes-a-laugh-at-south-korean-drama-featuring-a-crypto-loving-character-based-on-him.htmUSD Coin to Overtake Rival Stablecoin Tether in Coming Years - Surveyhttps://cryptonews.com/news/usd-coin-to-overtake-rival-stablecoin-tether-in-coming-years-survey.htmCircle-issued, the second most popular stablecoin, USD Coin (USDC), has the potential to overtake the most popular stablecoin, tether (USDT), in coming years, according to a survey of analysts. <br /> Most of the respondents claim that USDC will benefit from its better regulatory status, which could allow the token to exceed its main rival, per a survey by personal finance comparison site Finder.com....<br /> <a href="https://cryptonews.com/news/usd-coin-to-overtake-rival-stablecoin-tether-in-coming-years-survey.htm">Read More: USD Coin to Overtake Rival Stablecoin Tether in Coming Years - Survey</a>Altcoin NewsUSD CoinUSDCTetherUSDTCompetitionForecastSurveyStablecoinWed, 10 Aug 2022 17:00:00 +0000https://cryptonews.com/news/usd-coin-to-overtake-rival-stablecoin-tether-in-coming-years-survey.htmRipple Reportedly Eyes Celsius' Assets, New Crypto Rule from SEC, Risky Metaverse + More Newshttps://cryptonews.com/news/ripple-reportedly-eyes-celsius-assets-new-crypto-rule-from-sec-risky-metaverse-more-news.htmGet your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...<br /> <a href="https://cryptonews.com/news/ripple-reportedly-eyes-celsius-assets-new-crypto-rule-from-sec-risky-metaverse-more-news.htm">Read More: Ripple Reportedly Eyes Celsius' Assets, New Crypto Rule from SEC, Risky Metaverse + More News</a>Altcoin NewsAdoptionLatin AmericaCoinbaseLegalCelsius NetworkUSACanadaUKEthereumCircleTetherProof-of-stakeSecurityScamMetaverseMiningInvestmentSandboxAnimoca BrandsGamingStakingRegulationRippleWed, 10 Aug 2022 15:07:00 +0000https://cryptonews.com/news/ripple-reportedly-eyes-celsius-assets-new-crypto-rule-from-sec-risky-metaverse-more-news.htmUS Inflation Slows Down in July, Bitcoin and Ethereum Rallyhttps://cryptonews.com/news/usa-inflation-increased-less-than-expected.htmJuly’s US consumer price index (CPI) has seen an annual rise of 8.5%, or smaller than expected, suggesting an inflation peak and potential cool-off, after hitting 9.1% in June.  <br /> Bloomberg-surveyed economists estimated that inflation would show an 8.7% annual increase this July, and a 0.2% increase compared to June. <br /> Also, in July, annual core CPI - which excludes prices of food and energy - was the same as in June (5.9%) and lower than estimated (6.1%). ...<br /> <a href="https://cryptonews.com/news/usa-inflation-increased-less-than-expected.htm">Read More: US Inflation Slows Down in July, Bitcoin and Ethereum Rally</a>Bitcoin NewsInflationEconomicsUSACryptocurrencyBitcoinEthereumWed, 10 Aug 2022 12:32:00 +0000https://cryptonews.com/news/usa-inflation-increased-less-than-expected.htmAnother Rough Quarter Awaits in Q3, Coinbase Warns After Bruising Financial Resultshttps://cryptonews.com/news/another-rough-quarter-awaits-q3-coinbase-warns-after-bruising-financial-results.htmThe crypto exchange giant Coinbase is putting a positive spin on another quarter of sub-par results – and its CEO Brian Armstrong has stated that “across price cycles,” the exchange is still trending upward. But the firm appears braced for another rocky ride in the coming third quarter of FY2022. <br /> In an earnings call, Armstrong claimed that “crypto is not linear,” and added:...<br /> <a href="https://cryptonews.com/news/another-rough-quarter-awaits-q3-coinbase-warns-after-bruising-financial-results.htm">Read More: Another Rough Quarter Awaits in Q3, Coinbase Warns After Bruising Financial Results</a>Bitcoin NewsCoinbaseExchangeSECUSACrypto businessBrian ArmstrongWed, 10 Aug 2022 10:06:00 +0000https://cryptonews.com/news/another-rough-quarter-awaits-q3-coinbase-warns-after-bruising-financial-results.htmTornado Cash User Continues to Send ETH to Prominent Figures, Buterin Admits He Used the Mixerhttps://cryptonews.com/news/tornado-cash-user-continues-to-send-eth-to-prominent-figures-buterin-admits-he-used-the-mixer.htmAn anonymous user is continuing to send small amounts of ethereum (ETH) from a Tornado Cash wallet to the public addresses of prominent figures, ranging from celebrities to crypto CEOs, presumably as a way to protest against the US Treasury's decision to sanction the mixing service. Meanwhile, Ethereum co-founder Vitalik Buterin has publicly admitted that he used Tornado Cash in the past, and for good causes. ...<br /> <a href="https://cryptonews.com/news/tornado-cash-user-continues-to-send-eth-to-prominent-figures-buterin-admits-he-used-the-mixer.htm">Read More: Tornado Cash User Continues to Send ETH to Prominent Figures, Buterin Admits He Used the Mixer</a>Ethereum NewsWed, 10 Aug 2022 09:01:00 +0000https://cryptonews.com/news/tornado-cash-user-continues-to-send-eth-to-prominent-figures-buterin-admits-he-used-the-mixer.htmCrypto Turmoil Latest: Nuri Files for Insolvency while CoinFlex Files for Restructuringhttps://cryptonews.com/news/more-crypto-exchanges-trouble-nuri-files-for-insolvency-while-coinflex-files-for-restructuring.htmThe crypto winter continues to claim victims, with German crypto exchange Nuri and Africa-based CoinFlex being the latest to make moves. <br /> Nuri GmbH, one of Germany’s largest crypto exchanges, has filed for insolvency with a Berlin court, the company said in an announcement on Tuesday....<br /> <a href="https://cryptonews.com/news/more-crypto-exchanges-trouble-nuri-files-for-insolvency-while-coinflex-files-for-restructuring.htm">Read More: Crypto Turmoil Latest: Nuri Files for Insolvency while CoinFlex Files for Restructuring</a>Bitcoin NewsExchangeGermanyAfricaLegalCryptocurrencyBankingWed, 10 Aug 2022 07:58:00 +0000https://cryptonews.com/news/more-crypto-exchanges-trouble-nuri-files-for-insolvency-while-coinflex-files-for-restructuring.htm