News and Articles by Anahit

The Senate of Paraguay approved a bill related to crypto regulations. Earlier, in December, the Senate had voted for a bill, but later the lower house recommended some modifications. After this, the document was directed to the upper chamber again. Currently, the law is approved by both chambers,...

According to a report by the research solutions company Crunchbase, crypto financing fell in the first half of 2022. In that period, crypto companies generated about $9.3 bln in venture capital compared to the $12.5 bln of the last year. Meanwhile, the number of deal flow reached 534 from 456 in...

The president of Russia, Vladimir Putin approved a law that makes cryptocurrency payments not legal in the country. According to the statement, the Ruble is the only accepted monetary unit in Russia. The new law defines that digital assets and rights aren’t accepted as monetary surrogates any...

Digital assets brokerage and lending services provider Voyager, which applied for Chapter 11 bankruptcy recently, asked the court to honor user withdrawals from the custodian bank. A report by The Wall Street Journal says the company's filings show that they asked for a judge's approval to fulfill...

The Ethereum dev team published a paper which reveals a new launch date for the upcoming Marge based on testnets and updates. The planned date is Sept 19, when Ethereum will begin relying on Proof-of-Stake instead of Proof-of-Work. According to a tweet by Ethereum’s Beacon Chain community...

SEC chairman Gary Gensler said in a recent interview with Yahoo Finance that the agency has a disclosure regime, according to which crypto lending and trading companies need to communicate with the SEC. He also mentioned that regulators can tailor disclosure rules. Gensler noted that maybe not all...

Polygon, a scaling solution for the Ethereum blockchain and a Web 3 infrastructure is one of the tech companies to take part in Disney’s Accelerator Program. It is focused on advancing opportunities between innovative technologies and Walt Disney. This year, the program is directed toward AR,...

The Federal Reserve of the US has been exploring Bitcoin. The Cleveland Fed released a study titled "The Lightning Network: Turning Bitcoin into Money" which investigates LN's role for BTC payments. Lightening is a secondary transaction layer launched in March 2018, which operates outside...

Cryptocurrency lender Celsius applied for Chapter 11 bankruptcy. A release by the company says that the filing is voluntary and aims to steady the business through restructuring and generate maximal value for all stakeholders. Moments ago, @CelsiusNetwork filed voluntary petitions for Chapter 11...

A court in the United Kingdom approved the use of blockchain during a legal action for the first time. The ruling was related to a lawsuit started by Fabrizio D’Aloia, founder of a virtual gambling business. According to a Time article, D’Aloia is suing the digital assets exchange Binance and...

Kazakhstan’s president Kassym-Jomart Tokayev approved a new law that increases taxes on crypto miners based on the consumed electricity and costs. The law defines that the new tax rate is set by the medium rate of electricity used to mine cryptos during a certain tax period. Also, there are...

The US public now has the opportunity to express their opinions on crypto industry rules. Earlier in May, the president ordered federal agencies to start designing a crypto regulations framework. Recently, the Treasury published a release that says interested members of the public can take part in...

São Paulo-based financial services company PicPay plans to support crypto payments. The company published a blog post that says they aim to enable users to pay with cryptocurrencies for everyday services as the team believes crypto is much more than investments. Users will be able to store and...

Changpeng Zhao (CZ), the CEO of the crypto exchange Binance, tweeted yesterday that their threat intel noticed a potential exploit on Uniswap V3. He also wrote that the hacker managed to steal 4295 Ethers (worth about $4.6 M) and launder them via the mixing tool Tornado Cash. CZ said he wants to...

The European Central Bank released a new report on the crypto industry mentioning the risks related to stablecoins, DeFi, and climate impact. According to the ECB, the rise of crypto presents risks to financial stability and may reach a systemic threshold. To prevent the associated consequences,...

According to a survey by MLIV Pulse, Wall Street expects that the crypto decline will continue. 60% of 950 investors see the Bitcoin price to fall to $10,000 and not to grow. 40% of them expect BTC to increase to $30,000. The survey shows that opinions over cryptos are extremely different. 28% of...

Canadian businessman Kevin O’Leary predicts a crypto panic attack. Talking about crypto decline during an episode of "Meet Kevin", the executive said he doesn't believe that we have seen the bottom of the crypto market yet. According to him, the bottom will come when some of the “big...

NFT finance Omni, developed by Parallel Finance, was hacked recently and lost around 1,300 Ethers worth $1.43 M in a flash loan reentrancy hack. The platform enables users to stake NFTs and receive tokens in return. The blockchain data analytics company PeckShield tweeted that Omni's hacker...