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The Latest Breaking News from Cryptocurrency

To What Extent Do South Koreans Perceive North Korean Cyberattacks as a Threat?

A recent survey of South Koreans indicates that cyberattacks are viewed as a threat comparable to nuclear weapons, particularly among the elderly.

The News Lens

New Capitol Hill Legislation Would Make Crypto Payments Below This Amount Tax-Free

The Responsible Financial Innovation Act introduced by Sens. Cynthia Lummis and Kirstin Gillibrand would exempt cryptocurrencies that are below $200 from capital gains taxes.

Benzinga

Solana Ecosystem Looks To Pour $100 Million Into South Korean DeFi and Web3 Projects

The Solana (CRYPTO: SOL) Foundation and Solana Ventures announced on June 7 a pledge of up to $100 million for cryptocurrency and NFT projects across South Korea.

Benzinga

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SEC Chair Gensler Says Crypto Exchanges 'Operating Outside Of The Law': What You Need To Know

Securities and Exchange Commission Chair Gary Gensler spoke at the Piper Sandler Global Exchange and Fintech Conference on Wednesday. One of the topics Gensler discussed in the Q&A session was cryptocurrency regulation.

Benzinga

Top 10 Cryptocurrencies In The World By Twitter Followers

Cryptocurrency has taken the world by storm. What was once a murky and confusing arena to engage in has now grown to a $1.24 trillion industry, home to a host of alternative investments such as NFTs, which utilize various cryptocurrencies as the purchasing instrument to acquire digital assets such as art…

Benzinga

Galaxy Digital CEO Mike Novogratz Shines Light On What's Holding Back Cryptocurrency Markets

Galaxy Digital Holdings Ltd (Pink: BRPHF) CEO Mike Novogratz maintained expectations for strength in cryptocurrency markets

Benzinga

Capstone Bags Two EaaS Contracts From Cryptocurrency Mining Company

Capstone Green Energy Corp (NASDAQ:CGRN) distributor for the Mid-Atlantic and Southeastern U.S. and the Caribbean, E-Finity Distributed Generation, secured two new 36-month Energy-as-a-Service (EaaS) contracts from a cryptocurrency mining company. Financial terms were not disclosed. Capstone said it focuses on growing the EaaS business model as it provides higher margins and more constant…

Benzinga

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Someone Just Sent $147M In Bitcoin Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $147,616,283 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: 38UmuUqPCrFmQo4khkomQwZ4VbY2nZMJ67

Benzinga

Bitcoin Has Cried Wolf Too Many Times On 'Fake Moves' Up, Says Analyst

Bitcoin’s (CRYPTO: BTC) sudden surges and declines have some traders worried that the average retail investor may be deterred from investing in the cryptocurrency even when it begins to make a true recovery.

Benzinga

'Cryptocurrency A Threat To The Safety Of Global Payment Systems,' Starling CEO Says

The CEO of Goldman Sachs (NYSE: GS) backed digital bank Starling has stepped up her criticism of cryptocurrency, calling it a threat to the security of payment infrastructure,

Benzinga

Bitcoin Price Action May Not Show it But On-Chain Fundamentals Point Upward

On-chain data of the world's first cryptocurrency Bitcoin (CRYPTO: BTC) is showing bullish colors for the future market movements on this asset. Despite this, short-term market forces pushed Bitcoin's price over 6.4% down today to a value of $29,555 as of press time on Tuesday.

Benzinga

'Lawyers Are On It:' Fortnite Developer Dubs Crypto Project A 'Scam'

Tim Sweeney, the CEO of Tencent Holdings Ltd (OTC: TCHEY) owned Epic Games, has labeled the Fornite Token (FNT) “a scam.”

Benzinga

Citadel And Virtu Hone Crypto Executions For Retail Brokerages

Citadel Securities, alongside Virtu Financial Inc (NASDAQ: VIRT) and venture capital firms Sequoia Capital and Paradigm, is building a cryptocurrency trading ecosystem.

Benzinga

New rules for crypto assets will protect consumers and innovators

If you spend any time among the cryptocurrency community you’ll come across the mantra “HODL”. Originally a typo for “hold” on a Bitcoin forum, it has become all-purpose advice to anyone looking at the day’s price fluctuations and thinking of selling their assets.

The Conversation

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Benzinga

Bitcoin, Ethereum Rise, Dogecoin In The Red — Crypto Divergence From Stocks Could 'Get Ugly,' Says Analyst

Bitcoin and Ethereum traded higher Tuesday evening, even as the global cryptocurrency market cap fell 1% to $1.3 trillion over 24 hours leading up to press time.

Benzinga

Four Good Reasons to Be Optimistic About Bitcoin: Is Bitcoin the cryptocurrency of the future?

So far in 2022, the entire crypto market has been impacted by wider economic and political uncertainties, led by Bitcoin (CRYPTO: BTC), with prices down more than 50% over the past six months and the price heading for the ninth consecutive red weekly candle.

The Independent UK

Crypto meltdown is wake-up call for many, including Congress

Meltdowns in the cryptocurrency space are common, but the latest one has served as a vivid reminder that investors, both professionals and rookies, can be rolling the dice when putting money into digital assets

Benzinga

PayPal Allows Transfers Of Cryptos Like Ethereum, Bitcoin: What You Need To Know

PayPal Holdings Inc (NASDAQ: PYPL) said Tuesday will offer cryptocurrency withdrawal services, allowing funds to be withdrawn to external wallets and exchanges.

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The Guardian - AU

Embattled buy now, pay later sector to be regulated under credit laws

Financial services minister Stephen Jones says government will also move to regulate cryptocurrency exchanges like other financial markets

Benzinga

English Premier League Could Launch NFTs, Its Own Crypto: Here Are The Details And A Stock To Watch

A leading soccer league has filed several trademarks in the world of cryptocurrency and non-fungible tokens. Here are the details. What Happened: The English Premier League filed for several new trademarks on June 6, according to a report from Decrypt.

Benzinga

Someone Just Sent 5,000 Bitcoin Onto Gemini

Benzinga

Why Bitcoin- And Ethereum-Related Stocks Are Falling

Cryptocurrency-related stocks, including Coinbase Global Inc (NASDAQ: COIN), Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ:

Benzinga

Dogecoin Crashes Over 5% Amid Crypto Market Rout

Dogecoin (CRYPTO: DOGE) traded 5% lower at $0.079 over 24 hours leading up to early Tuesday morning. DOGE declined sharply along with other major coins as the global cryptocurrency market cap dropped 6% to $1.2 trillion at press time.

Benzinga

Leaked Crypto Bill Suggests US To Go After DeFi, DAOs, Stablecoins: Community Reacts

A leaked copy of the new bipartisan Senate bill appears to favor a much tighter regulatory environment for cryptocurrency assets.

Benzinga

Morning Brief: Top Financial Stories Dominating on Tuesday, June 7

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