Crypto News

Major Indonesian Islamic organization declares crypto 'haram' — or forbidden
The East Java branch of one of Indonesia’s largest Islamic organisations Nahdlatul Ulama (NU) has issued a Fatwa deeming the use of cryptocurrency ‘haram’, or forbidden, under Islamic law.

Ethereum (ETH) Hits New all-Time High Amid Rising Address Activity
The world’s second-largest cryptocurrency Ethereum (ETH) is taking up the lead in the crypto market rally. The ETH price shot up 10% hitting a new all-time high of $4,400 and entering the price discovery zone.

Crypto.com Launches a Campaign To Introduce Its Platform to the World
Crypto.com, one of the world’s fastest-growing cryptocurrency platforms, rolled out a global ad campaign today. This campaign was supported by recent sponsorship announcements, to formally introduce the platform to a wider audience around the world.

The Impact of Blockchain on Social Media
In all sorts of industries and across a very diverse business audience, innovators are coming up with lots of new ways to change and improve business processes with blockchain technologies.

Travala's 2021 Q3 Report Shows Crypto Adoption ‘Offset the Negative Impact of the Pandemic’
The crypto-friendly travel company Travala published its third-quarter 2021 report showing the firm has grown significantly alongside the growth of crypto adoption. In fact, cryptocurrency adoption has “more than offset the negative impact of the pandemic,” the company said as Travala posted a record-setting quarter in Q3 2021.

Immersive cooling tech could help Bitcoin mining go green by 2030
Immersive cooling technology may help with the transition to zero-emission Bitcoin mining Bitcoin Mining Council (BMC) member Hass McCook told Cointelegraph.

UK Police Seize Bitcoin Worth $2.8 Million From Teen Operating Scam Website
British police have seized bitcoin worth almost $3 million from a teenager who set up a fake website to scam consumers. “At the time they were worth £200,000. They are now worth a little over £2 million.”

Sophisticated Crypto Traders Helped Fuel Shiba Inu’s ($SHIB) Rally, Data Suggests
Sophisticated cryptocurrency traders have reportedly backed Shiba Inu’s ($SHIB) price rally over the last few weeks with over $160 million invested from them, according to a report from CoinDesk citing on-chain data sources.