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News and Articles by Anahit



China crypto crackdown

China Adopts Unprecedented Strict Measures Against Crypto

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The government of China is taking stricter steps against the crypto sector. Authorities teamed up to ban crypto activities. On September 24, China's central bank said all crypto-related transactions are considered illegal. Foreign exchanges can't deliver services to people from China. The Central...

UAE crypto Dubai free zone

UAE Supports Crypto Activities in Dubai Free Zone

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Regulatory bodies of the United Arab Emirates say yes to crypto uses like offering, listing,selling, and buying in the Dubai free zone. These areas, also called free trade zones, are economic areas that allow trading goods and services generally at tax-free and custom rates. Dubai World Trade...

Twitter tips crypto

Twitter Presents Crypto Tipping Feature

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Social networking service Twitter announced adding an in-app tipping feature on iOS, saying the Android version will come soon. In a blog post published on September 23, the Twitter staff product manager Esther Crawford said that the tips are available for everyone, enabling more payment options....

Crypto market recovery

Crypto Market Started to Recover, Avalanche Hit a New High

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Cryptocurrencies started to grow again along with U.S. stock indexes rise. According to CoinMarketCap, the global crypto market cap increased by over 5% in the last 24 hours and is close to surpassing $2 trillion again. Currently, the indicator stands at $1.98 Trillion. Bitcoin surged over $44.000...

Dogecoin Elon Musk

Elon Musk Says Dogecoin Fees Need to Reduce to Widen Its Use

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Tesla CEO Elon Musk finds if there is a decrease in Dogecoin's fees, the coin's use case in retail purchases will grow. Musk expressed his opinion, commenting on the tweet of Dogecoin's co-creator Shibetoshi Nakamoto (Billy Markus). Markus wrote about trading platform Robinhood's adding crypto...

Snoop Dogg NFTs

Snoop Dogg Unveiled He Has an NFT Collection Worth $17 M

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Famous rapper Snoop Dogg unveiled that the Twitter account Cozomo de’ Medici belongs to him. The tweets shared on the page indicate that its owner has a large collection of high cost NFTs. From time to time Cozomo has been tweeting about his NFT experience disclosing the amounts of money spent on...

crypto market fall

Crypto Market Cap Drops Below $2 Trillion

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In the last 7 days, Bitcoin's price fell by around 10.33% and now trades at $42.100. Ethereum went down by around 14.60% and trades at around $2890. It's the first time since August 6 that the largest altcoin's price declined below $3000. The total crypto market cap fell below $2 T and now stands...

Binance USA investigation

The USA Examines the Possibility of Insider Trading at Binance

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The USA authorities are investigating Binance Holdings to find out whether the company is engaged in insider trading or market manipulation activities. As Bloomberg announced on Friday, the probe is confidential. The media platform got the news from the people familiar with the case. They informed...

Audius attracts $5 M from musicians

Katy Perry, Jason Derulo, and Other Stars Invest in Audius

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Blockchain-based audio streaming app Audius revealed that it attracted $5 M from Katy Perry, Nas, The Chainsmokers, Jason Derulo, Pusha T, Linkin Park’s Mike Shinoda and other stars. Representatives from various music-related spheres also backed the round. The names include the ex CEO/Chairman of...

Avalanche AVAX new high

Avalanche’s Native Coin AVAX Reached a Record High

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AVAX, the native coin of the open, smart contracts network for building dapps, Avalanche, reached a new all-time high of $68.84 on coinmarketcap.com. On September 16, the company revealed completing a $230 M fundraising via a token sale. The investment was headed by Polychain and Three Arrows...

Africa crypto adoption

Africa’s Crypto Adoption Grew by Over 1200% In a Year

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Data from Chanalysis show that the crypto industry of Africa is making progress at a fast pace. In the previous year, received crypto has gone up by more than 1200%. From July 2020 to June 2021, African countries got about $105.6 B worth of crypto in total. The surge is notable, especially...

Scaramucci SkyBridge Capital

Scaramucci's SkyBridge Capital Now Holds $700 M in Crypto

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The founder and managing partner of major investment firm SkyBridge Capital, Anthony Scaramucci announced during a recent interview that the company presently owns $700 M worth of cryptocurrencies and aims to present more crypto products. On September 13, SkyBridge Capital announced a...

Cathie Wood Ark Invest

Cathie Wood Believes BTC Will Hit $500.000 Over 5 Years

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The CEO and CIO of New York-based investment management firm ARK Invest, Catherine Wood believes that Bitcoin price will go up to $500.000 in five years. She also announced that the company's confidence in Ethereum rose after the ETH2.0 upgrade. Catherine Wood shared her opinion during the SALT...

Dapper Labs Google Flow

Dapper Labs Revealed a Cooperation with Google

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Vancouver-based blockchain and software development enterprise Dapper Labs revealed cooperating with Google to scale the Flow protocol. As stated in the press release, Google will allow the network nodes to carry out building on its cloud service. Google Cloud is the official cloud provider of Flow...

MicroStrategy purchases more Bitcoin

MicroStrategy Purchases Another 5050 Bitcoins

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On September 13, MicroStrategy CEO Michael Saylor revealed that the firm added 5050 more Bitcoins to its holdings. The deal was done for around $242.9 M in cash with an average BTC price of $48.099. MicroStrategy has purchased an additional 5,050 bitcoins for ~$242.9 million in cash at an average...

Gary Gensler testimony on crypto

SEC Chair Gary Gensler States His Opinion About Crypto

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On September 14, the chairman of the US Securities and Exchange Commission, Gary Gensler stated his opinion related to the crypto sphere before a Senate committee. According to him, major crypto exchanges should register as securities exchanges. The Senate Banking Committee issued Gensler's...

Ethereum hashrate high

Ethereum Hashrate Set a Record High

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As data from Etherscan show the processing power of the Ethereum network reached a new all-time high on September 12, hitting 715.4 terahash/second. The highest mining difficulty of the network was 9,056.548 TH on Sunday. The indicator started to go up in late June. On May 21, China State Council...

Brevan Howard crypto

Brevan Howard Opens a Crypto-Related Division

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European hedge fund manager Brevan Howard hired CMT Digital CEO Colleen Sullivan to manage private and venture investments in cryptocurrencies. In 2017, she co-founded Chicago-based CMT Digital, a division of investment manager firm CMT Group. The parent company, founded in 1997, started activities...

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