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News and Articles by Anahit



crypto games 1xBit

1xBit Brings a New Hot Event - Ice on Fire

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Sometimes it pays to leave your comfort zone and step into the Ice, and if possible, like the pure gold, let the burning furnace refine you. Why fear the Ice when the Fire can keep you warm? On 1xBit, all lovers of Hockey and beyond can now play the game of Ice on Fire; it is a new tournament where...

Mark Cuban crypto

Mark Cuban Says Crypto Is Facing the Same as the Early Internet

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Entrepreneur Mark Cuban, who owns the basketball team Dallas Mavericks expressed his opinion about the current crypto market weakness. Currently, Bitcoin trades at around $29,000, and Ether hovers over $2,000. In the last 24 hours, the total crypto market cap fell by around 8% and now is $1.25...

China Bitcoin

Shanghai High Court Said Bitcoin Is an Asset Protected by Law

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The Shanghai High People's Court has mentioned that Bitcoin is a digital asset protected by Chinese law, adding that the coin has economic value. According to local media, the declaration was made in connection with a court hearing. A person called Cheng Mou filed a lawsuit demanding that another...

Bitcoin Germany

Germany Released a Crypto Tax Guide

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The Ministry of Finance (BMF) of Germany has updated its crypto policy. According to new rules, the sale of bought digital assets like bitcoin and eth won't be taxed if held longer than a year. It is the first time that Germany issues a nationwide uniform and instructions on cryptos. In addition to...

crypto market news

Crypto Decline Continues, Bitcoin Falls Below $28.000

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Prices of cryptocurrencies continue to decline. Bitcoin dropped below $28,000 and currently trades at around $27.900. The lowest price was around $26,350. Bitcoin's market cap stands at above $529 billion. Ether trades at around $1,880. The total crypto market cap decreased by over 13% in the last...

Chainalysis  valuation

After the Recent Funding Round, Chainalysis Value Hit $8.6 B

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Blockchain investigation firm Chainalysis attracted $170 M in the recent investment round. Thus, the company's valuation hit $8.6 bln. A report by The Information says that the company raised the amount in Series F led by Singapore-based investment management company GIC. In June 2021, Chainalysis...

Terra LUNA fall

LUNA Price Fell More Than 90%, Fluctuations Continue

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The price of LUNA, the native governance coin of the Terra blockchain fell by more than 94% in the last seven days. Although, in general, the crypto market sees difficulties now, LUNA's price drop was the most significant. LUNA hit its lowest price in a year falling below $1 and trading at $0.8...

metaverse Las Vegas

TCG World and Jigsaw Puzzle International Convention to host The Metaverse Expo

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TCG World partners with Shark Tank backed Jigsaw Puzzle International Convention (JPiC) to co-host The Metaverse Expo 2022, Las Vegas The Metaverse Expo 2022 is a 3 day event held at the Las Vegas Convention Center on 8th - 10th July 2022 that will bring together entrepreneurs, industry experts...

SEC Gary Gensler

Gary Gensler Finds Crypto Exchanges Trade Against Their Clients

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SEC Chair Gary Gensler criticized crypto exchange platforms, saying some of them have rules that may be against their customers. In a recent interview with Bloomberg, he said that the agency is examining most of the digital assets and trading venues and finds they should register with the...

Mike Novogratz crypto

Mike Novogratz Expects More Volatility in the Crypto Market

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Galaxy Digital CEO Mike Novogratz finds crypto prices will remain volatile at least for the coming quarters. In the company's earnings call on May 9, he said that more damage is expected to be done and the BTC price could fall below $30,000. Galaxy Digital, a financial services firm focused on...

Terra stablecoin

TerraUSD Dropped Below Its $1 Peg

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Terra blockchain's UST stablecoin fell below its $1 price peg. At the moment of writing, UST trades at around $0.92. On May 9, the stablecoins dropped as low as 68 cents according to data by CoinMarcetCap. UST is an algorithmic stablecoin created by Terraform Labs in 2018. Terra uses complex codes...

Bitcoin El Salvador

El Salvador Bought the Dip Adding 500 Bitcoins

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The president of El Salvador, Nayib Bukele announced that the country added $15.5 M worth of Bitcoins to its balance sheet at an average price of $30,744. El Salvador just bought the dip! 🇸🇻500 coins at an average USD price of ~$30,744 🥳#Bitcoin— Nayib Bukele (@nayibbukele) May 9,...

Google Cloud Web3

Google's Cloud Team Forms Web3 Group to Meet Demand in Crypto

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In February, Google's parent company Alphabet announced that the future plans of the conglomerate include blockchain technology and Web 3. And now, the Cloud group of Google is starting a team to offer their services to blockchain app developers. Thus, the company aims to meet the growing...

Nvidia SEC crypto mining

US SEC Fined Nvidia $5.5 M Over Crypto Mining Impact Details

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Top GPU (Graphics Processing Unit) company Nvidia was fined for not reporting details on how crypto mining impacted the company's gaming business. The US SEC published a press release saying that Nvidia agreed to pay a $5.5 M penalty for not reporting that crypto mining was a part of the company's...

NFT transactions news

In 2022 NFT Transactions to Marketplaces Reached $37 Bln

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The amount of NFTs sent to marketplaces hit $37 bln as of May 1, 2022. The indicator is close to surpassing the overall NFT transaction volumes equal to $40 bln of 2021. According to a report by the blockchain data platform Chainanalysis, despite some ups and downs in volumes, the number of active...

BlueSky social media

Twitter-Backed Social Media BlueSky Issued Its First Codes

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Decentralized social media startup BlueSky, initially backed by Twitter issued its first codes and revealed the start to work in public. The team published a blog post that says the received funding four months ago allowed hiring a team and beginning the development process. Twitter ex Chief...

USDD Tron

Tron Released Its Stablecoin USDD

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Tron blockchain’s dollar-pegged stablecoin USDD (decentralized USD) went live on May 5. USDD is in circulation and operates on Tron, BNB Chain, and Ethereum. An official guide on USDD mining published by the project says that USDD starts the Stablecoin 3.0 era on Tron. The Tron community has been...

Elon Musk Twitter Binance

Binance Is Among Investors Backing Musk's Twitter Buyout

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Leading cryptocurrency exchange Binance backs Tesla CEO Elon Musk's purchase of Twitter. According to an SEC filing, the company committed $500 M in equity financing. Binance is one of 19 equity investors. According to the document, the raised amount is above $7 bln. Other participants include...

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