CryptoNews

Fill up Your Car With Crypto at Dubai Gas Stations Through New Crypto.com and Emarat Partnership

Emirates Petroleum Company (Emarat) has announced a partnership with Crypto.com to introduce cryptocurrency services at its service stations, pending regulatory approval. The collaboration will initially integrate Crypto.com services at 10 Emarat stations, with plans for further expansion across the company’s network of over 155 locations in the UAE. As part of this initiative, the two companies…
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CryptoNews

A Tale of Two Crypto Camps – Op-Ed Bitcoin News

In a Nutshell Wall Street giants are embracing crypto’s founding principles of decentralization, transparency, and immutability while many newer participants focus on speculation. Institutions like Blackrock emphasize these ideals, contrasting with recent crypto…
CryptoNews

Crypto.com's Explosive Growth Reshapes Exchange Rankings

Total centralized exchange volume reached $18.83 trillion, the second-highest in five years, though still below 2021’s record of $25.21 trillion. 2021 Marked by Key Events In 2024, Binance remained the largest centralized cryptocurrency exchange, despite its share of total trading volume among the top 15 exchanges falling by approximately eight percentage points, from 47% to 39%. Its trading…
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Former Employee's Hidden Code Turns Workplace Into Crypto Mine

A Minnesota man, Joshua Paul Armbrust, 44, has been indicted for a “cryptojacking” scheme that exploited his former employer’s computing resources to mine ether (ETH), causing over $45,000 in damages, according to the U.S. Attorney’s Office for the District of…
CryptoNews

Coinshares Sees $528 Million Outflow From Crypto Products Due to Recession Fears

Coinshares, a digital asset investment firm, has reported a significant $528 million outflow from its crypto products last week, driven by growing recession fears. This substantial withdrawal reflects the heightened market uncertainty and investor caution amid economic downturn concerns. Despite this setback, Coinshares remains committed to its long-term strategy and continues to expand its…
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Moonpay Donates $1 Million to Stand With Crypto

Moonpay, one of the largest cryptocurrency onramp and offramp providers, has donated $1 million to Stand With Crypto, a nonprofit that seeks to rally American voters around the cryptocurrency cause. Moonpay CEO Ivan Soto-Wright stated that the donation made would contribute…
CryptoNews

Weekly Crypto Roundup: Standouts From FLR, LINK and Stumbles From MANTA, and CFX

In the span from Jan. 29 to Feb. 5, 2024, while bitcoin and ethereum have remained stagnant within their trading ranges, a selection of cryptocurrencies have enjoyed significant weekly upsurges, registering double-digit gains against the U.S. dollar. Specifically, flare, chainlink, and bittensor emerged as frontrunners, boasting increases from 19.2% to an impressive 39.7%. Conversely, manta…
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