Cryptocurrency

Bitcoin heads lower with eyes on BTC price performance into the monthly close.

BTC price action reverts to key support with Bitcoin bulls giving up gains over Coinbase legal scrutiny.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

The Bermuda Monetary Authority (BMA) has granted a total of 14 licenses for crypto firms to operate out of the British island territory, with four of those being approved in 2022.

"After a comprehensive review and discussion, it’s time to make a proposal to help ETH depositors to build confidence," said the team.

With the ever-increasing competition, mining now requires specific, powerful rigs that usually cost thousands of dollars - but there are unconventional ways users can earn some money with crypto mining without having to buy mining devices.

Thorchain told CoinDesk a hacker deployed a custom contract that was able to trick the Bifront into receiving a deposit of fake assets.

Speaking on his investment into Colossal, Cameron Winklevoss stated that the firm’s work to bring back extinct animals could be a game changer that “future-proofs” the environment.

The crypto market saw a broad sell-off led by ethereum (ETH) and other major layer 1 competitors falling between 4% and 7% over the past day. The fall led to a spike in liquidations, with some popular traders now speculating that the market could be getting ready for a reversal higher.

In the South Korean crypto world, when it rains, it pours. Fresh from a regulatory crackdown that has led to mass crypto exchange shutdowns, the handful of still-functioning trading platforms are now facing up to fresh know-your-customer (KYC) protocol-related heartache.