CRYCUR

Explainer: Understanding Ethereum’s major ‘Merge’ upgrade

A representations of cryptocurrency Ethereum is seen in front of a stock graph and US dollar in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com register Sept 9 (Reuters) – Ethereum, the blockchain that underpins the world’s second-largest crypto token ether, will soon undergo a major …

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A year on, El Salvador’s bitcoin experiment is stumbling

CONCHAGUA, El Salvador, Sept 7 (Reuters) – A year after El Salvador adopted bitcoin as legal tender, the area where the world’s first cryptocurrency city was meant to be built – a circular metropolis powered by a volcano – is still dense jungle. President Nayib Bukele had promised that “Bitcoin City” would be a tax …

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Dollar edges higher as oversized Fed rate hike bets rise

Dollar edges higher as oversized Fed rate hike bets rise Pound and US dollar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com register NEW YORK, Aug 30 (Reuters) – The dollar edged higher on Tuesday, but was below the 20-year high it hit …

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Bitcoin dips below $20,000 | Reuters

A neon logo of cryptocurrency Bitcoin is seen at the Crypstation cafe, in downtown Buenos Aires, Argentina May 5, 2022. Picture taken May 5, 2022. REUTERS/Agustin Marcarian/File Photo Register now for FREE unlimited access to Reuters.com register Aug 27 (Reuters) – Bitcoin dipped below $20,000 on Saturday, continuing a drop that has taken it down …

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CoinSwitch cooperating with financial crime agency probe -CEO

Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com register NEW DELHI, Aug 27 (Reuters) – India’s top crypto app CoinSwitch is cooperating with the national financial-crime agency, whose agents searched its offices this week to find out about its business model …

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Stablecoin Tether’s reserves fell $16 bln in second quarter due to redemptions

Smartphone with Tether logo is placed on displayed US dollars in this illustration taken, May 12, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com register LONDON, Aug 19 (Reuters) – Tether, the world’s largest stablecoin by market value, said on Friday it had reserves worth $66.4 billion at the end of …

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Sudden crypto drop sends bitcoin to three-week low

Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com register SINGAPORE, Aug 19 (Reuters) – Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week low. Bitcoin fell as much as 7.7% to $21.404 over a few minutes during the …

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Cryptoverse: Electric ether leaps on verge of Merge

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com register Aug 16 (Reuters) – It looks like ethereum’s mega-upgrade is happening. finally. After years of delays, the “Merge” seems all but certain to take place in September, …

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Ripple Labs interested in bankrupt crypto lender Celsius’ assets

Celsius Network logo and representations of cryptocurrencies are seen in this illustration taken, June 13, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com register Aug 10 (Reuters) – San Francisco-based blockchain payments company Ripple Labs Inc, which is embroiled in a high-profile battle with the US securities regulator, is interested in …

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Coinbase posts loss as crypto market turmoil hits trading volumes

A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com register Aug 9 (Reuters) – Coinbase Global Inc (COIN.O) reported a larger-than-expected quarterly loss as investors worried by this year’s rout in risky assets shied away …

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