Digital Currency Group’s failure to pay $630m raises concerns

Genesis Global Capital, the now bankrupt lending arm of Digital Currency Group (DCG), has failed to pay approximately $630 million due to creditors, leading to discussions among stakeholders about a potential default.

Bitcoin to $7,000? Bloomberg’s Top Expert Reveals Surprising BTC Analysis

Mike McGlone shares his view on cryptocurrency’s future

How to Pay with Bitcoin (and Other Cryptocurrencies) for Your Pizza? Celebrating Bitcoin Pizza Day with NOWPayments

In this article, we’ll explore the history of Bitcoin Pizza Day, the importance of accepting crypto payments, and how NOWPayments can help businesses leverage crypto for their Point-of-sale transactions. And be sure to read closely not to miss a very important announcement! Continue reading the post How to Pay with Bitcoin (and Other Cryptocurrencies) for […]

Strike integrates Tether’s USDT for payments

Digital payments platform Strike has integrated dollar-pegged stablecoin Tether’s USDT into its platform. According to a May 22 press statement shared with CryptoSlate, the integration aims to enable fast, safe, and efficient payments for Strike users and further increase the use and adoption of USDT. Strike is a payment platform based on the Bitcoin lightning […]

The Malaysian SEC accuses Huobi for illegally running a DAX

The Malaysian Securities Commission (SC) on May 22 accused both Huobi Global Limited and Leon Li, its CEO, of illegally running a digital asset exchange (DAX) and too without a license.  The SEC has requested the digital currency exchange to deactivate its website and mobile application within the nation. Apart from this, the Malaysian SEC […]

SEC Emails Suggest XRP Is Not Security, SHIB Scores New Listing, ADA to Reach $500 Billion Market Cap, Says Crypto Capital Venture CEO: Crypto News Digest by U.Today

Let’s see what crypto news the weekend has brought with U.Today’s news digest

Vitalik Buterin says Ethereum’s consensus is ‘fragile’ and should not be stretched

Vitalik Buterin warned in a blog post today that Ethereum’s consensus is fragile and should be used “sparingly” because of the high risk of forks in the chain. Buterin wrote: “There is a natural urge to try to extend the blockchain’s core with more and more functionality, because the blockchain’s core has the largest economic […]

LOVESNOOPY Announces 85.0246% of Tokens Burned

[PRESS RELEASE – Seattle, USA / Washington, May 22nd, 2023] LOVESNOOPY, a meme coin inspired by the beloved original dog character Snoopy, has announced the burning of 65% of its total supply on May 21st, which, when combined with previous burns, amounts to 85.0246% tokens burned. The current price of $0.00000005928, the market capitalization of LOVESNOOPY […]

DOGE AND Litecoin Hit New Daily Transaction Volume Thanks To Ordinals, Bulls Keen On Massive Run In Q2 2023

Dogecoin and Litecoin recorded surging daily transaction volumes for the third consecutive week after marking their Ordinal debuts.  DOGE hit a daily volume of 1.2 million transactions, while LTC hit 584,000, setting a new all-time high for both networks. Dogecoin bulls are speculating a stellar finish to the year at $0.1, but that remains a […]

Will RenQ Finance (RENQ) break all the records on its Launch on 22nd May?

The upcoming launch of RenQ Finance (RENQ) on 22nd May has generated significant anticipation and excitement within the cryptocurrency community. As investors and enthusiasts eagerly await this milestone event, there is a growing buzz surrounding the potential for RenQ Finance to break records and make a lasting impact in the crypto space.  In this article, […]