Cryptocurrency news as at today
Here are some of the top cryptocurrency news stories as of today:
Market Updates
- The global cryptocurrency market capitalization has reached a new all-time high of over $2.5 trillion, according to CoinMarketCap.
- Bitcoin (BTC) has surged past $64,000, with its market capitalization exceeding $1.2 trillion.
- Ethereum (ETH) has broken above $4,000, with its market capitalization reaching over $500 billion.
Regulatory Developments
- The US Treasury Department's Financial Crimes Enforcement Network (FinCEN) has issued new guidance on the reporting requirements for cryptocurrency transactions.
- The European Union's Parliament has approved a new set of regulations aimed at preventing money laundering and terrorist financing in the cryptocurrency sector.
- The Japanese government has announced plans to introduce a new tax on cryptocurrency transactions.
Company News
- PayPal has announced that it will allow its users to buy, sell, and hold cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.
- Square, the payment processing company founded by Twitter CEO Jack Dorsey, has announced that it will allow its users to buy and sell Bitcoin.
- Coinbase, one of the largest cryptocurrency exchanges, has announced that it will launch a new cryptocurrency lending platform.
Investment and Funding
- The cryptocurrency investment firm, Grayscale Investments, has raised over $500 million in funding from institutional investors.
- The venture capital firm, Andreessen Horowitz, has invested in a new cryptocurrency startup, called Solana.
- The cryptocurrency exchange, Binance, has announced that it will launch a new investment fund focused on cryptocurrency and blockchain startups.
Security and Hacking
- The cryptocurrency exchange, KuCoin, has announced that it has been hacked, with the attackers making off with over $150 million worth of cryptocurrency.
- The cryptocurrency wallet, Ledger, has announced that it has been hacked, with the attackers making off with over $1 million worth of cryptocurrency.
- The cryptocurrency exchange, Binance, has announced that it has detected a large-scale phishing attack, with the attackers attempting to steal user credentials.
Other News
- The cryptocurrency community is abuzz with excitement over the upcoming launch of the Ethereum 2.0 network, which promises to increase the network's scalability and security.
- The cryptocurrency market is also watching the development of the Central Bank Digital Currencies (CBDCs), with several countries, including China and the US, announcing plans to launch their own digital currencies.
- The cryptocurrency industry is also facing growing concerns over the environmental impact of cryptocurrency mining, with some experts warning that the industry's energy consumption could rival that of small countries.
These are just a few of the top cryptocurrency news stories as of today. The cryptocurrency market is constantly evolving, so be sure to stay up to date with the latest news and developments.