Category: Cryptocurrency News

Filing to convert GBTC now is “perfect timing,” the company’s ETF head argues, but concerns remain over the overall strength of the industry.

The Australian securities regulator decided not to require crypto ETF providers to hold domestic crypto custody.

Currently have all my coins in coinbase. Which is the best recommended wallet for eth use? I have wallets on MetaMask and Binance currently submitted by /u/521bhp [link] [comments]

My father is a very old-fashioned man, retired and believe it or not I introduced him to the crypto world. He has a small ammount of money in his portfolio and he holds a couple of coins that I helped him choose. The problem is that he has never learned English and everything he is…
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submitted by /u/VLADIMIROVIC_L [link] [comments]

Ethereum defi protocol Cream Finance suffered an exploit yesterday that allowed attackers to steal $130 million from its holdings. The news was first revealed by Peckshield, a blockchain analytics company that discovered a flash loan had exploited the platform. This is the third hack the protocol has suffered in its history, being exploited for $36 […]

I've been here for quite some time, had more than a few goof ups and figured I'd help some newbies learn from my rough experience in the cryptoverse. I'll start with the more controversial part – the Don'ts. – Do not fall into the trap of thinking you are smarter than everyone else. Nobody can…
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$GRUMPY was just starting to get big back in March/April when it was memecoin season and it looked like it was a cat to compete with SHIBA and other dog coins. But since the grumpy cat lady is a greedy old hag, she hit the $GRUMPY team with cease and desist. Wouldn't be too much…
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Amber Group, a leading crypto trading and technology firm,  announced today a strategic partnership with the climate tech company Moss Earth, the first and largest environmental platform in the world to tokenize carbon credits. As per the agreement, Amber Group bought 250,000 carbon tons offsets’ worth of MCO2 tokens; approximately enough to offset the cost of more than 280,000 BTC transactions. “Climate change is the central issue of our times. Joining forces with Moss Earth will constitute a major pillar of our carbon neutral business impact ambition and a path towards a long-term carbon-negative pledge which we will be announcing soon,” remarked Michael Wu, Founder and CEO of Amber Group. “We will be working towards offsetting our carbon footprint, toward providing options for our users to act upon this commitment and eventually acting to remove carbon emitted since Amber Group commenced activities in 2017.” As a crucial step towards fulfilling this pledge, Amber Group is therefore announcing its initiative to offer carbon offsetting options to its users, through which everyone will have the opportunity to offset the carbon footprint associated with their transactions by purchasing MOC2 Tokens, Moss’s tokenized carbon offsets. Launched by Moss in March 2020, MCO2 is equivalent to one carbon credit, a digital asset that certifies the prevention of one ton of carbon dioxide from being emitted into the atmosphere. Through the certification process and the minting of MCO2 tokens, funds are sent to conservation projects in the Amazon. “We are very excited that such a reputable fintech unicorn such as Amber Group has embraced the battle against climate change – and honored that Amber Group chose to do it via endorsement of the MCO2. We believe that adding liquidity to this transparent way of offsetting carbon emissions is key for it to become easy and for us to add the habit to our daily routine,” says Luis Adaime, Founder and CEO of Moss. ”The world confronts a major emergency. Businesses have to take responsibility and assist their stakeholders in contributing towards humanity’s common goals. As a rapidly growing global fintech unicorn, it is our obligation to take a leading role in combating climate change and empower our users to contribute towards these lofty, yet non-negotiable aims,” added Michael Wu. About Amber Group Amber Group is one of the world’s leading crypto finance service providers, operating globally with twelve offices on three continents. To date, Amber Group has raised a total of $128 million in funding from the world’s best investors including Tiger Global Management, DCM Ventures, Paradigm, Pantera Capital, Coinbase Ventures, Blockchain.com, Polychain Capital, Dragonfly Capital, and Fenbushi Capital. About Moss and the MCO2 Token Moss is a climate tech company focused on environmental services with global operations. In 2020, it created the first carbon credit-backed token used to offset greenhouse gases. In its one year of existence, Moss and its customers have sent more than US$ 15 million to the Amazon, which has helped to preserve approximately 500 million trees. The MCO2 token is already listed on platforms such as Mercado Bitcoin and FlowBTC as well as globally on ProBit, Uniswap and Gemini. A carbon credit is a digital certificate that is equivalent to avoiding the emission of one ton of CO2 in a given year through forest conservation, clean energy, and biomass projects, among others.

Many crypto exchanges with Russian roots have fled the country or operate illegally, Blockchain Life’s founder said.