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News and Articles by Anahit



SEC vs Ripple judge decision

SEC’s Sur-Reply Petition Denied by the Judge

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The SEC vs Ripple lawsuit moves forward. US district judge Analisa Torres responded shortly "denied" to the SEC's request to file a Sur Sur-Reply. The purpose of the request was to cite a prior Court ruling from a different circuit striking an entirely different defense. In legal terms,...

EU ECB crypto

While EU Postpones Vote on PoW Tokens, ECB Urges to Act

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The European Parliament has put off the vote on the Markets in Crypto Assets (MiCA) draft, which discusses the environmental impact of Bitcoin and other cryptos which use the Proof of Work mining algorithm. Parliament member Stefan Berger announced that the vote scheduled for Feb. 28 was delayed,...

Coinbase crypto report

Coinbase Generated $2.5 B of Net Revenue in Q4 2022

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Leading crypto exchange Coinbase reported its earnings for the 4th quarter of 2022. After the publication, the shares of the company increased. According to the report, the company ended 2021 with strong performance across key metrics. The net worth of the company in Q4 2021 was $2.5 bln, the net...

crypto Ukraine

As Ukraine’s CB Halts E-cash Transfers, People Turn To Crypto

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Ukraine’s Central Bank restricted digital money activities, which resulted in increased usage of crypto. Data from a crypto trading platform Kuna show that Ukrainians are mainly paying a premium for Tether's USDT. The CB told e-money issuers to halt the issuance of digital currencies and the...

ETHDenver 2022

Community Sums up the Largest Web 3 Event, ETHDenver

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Last week, Colorado capital Denver hosted the 5th annual Ethereum-focused hacking and networking event ETHDenver. The summit welcomed over 12,000 people from different countries, which is the record number of the event's attendees. From February 11 to 17, the kickoff and the...

crypto amid Russia Ukraine conflict

BTC Price Fell After Russia Started Military Operation in Ukraine

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Russian President Vladimir Putin announced today on starting a special military operation in Ukraine, saying that the goal is to demilitarize and denazify the country. The situation was tense in the proceeding months as there were massive troop buildups. The crisis is around the status of Crimea...

Brazil crypto regulations

Senate in Brazil Discusses Crypto Regulation Bill

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Brazilian Senators will vote on the crypto regulations bill, which had been approved by the Senate’s Economic Affairs Committee on February 22. If it passes, the bill will be addressed to President Jair Bolsonaro and will come into effect after he signs it. The document sets guidelines stating...

DAO buy the broncos

New DAO Aims to Buy Denver Broncos NFL Team

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A group of crypto community members formed a DAO (Decentralized Autonomous Organization) to acquire National Football League team Denver Broncos. The team announced officially that it is up for sale and that the expected amount of the deal is over $4 bln. Therefore, the DAO with the name 'Buy the...

Huobi CEO Bitcoin

Huobi’s Du Jun Sees the Next BTC Bull Run To Happen Not Till 2024

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The next Bitcoin bull run will occur no sooner than 2024 or early 2025 according to the co-founder of Huobi exchange, Du Jun. In an interview with CNBC, he noted that his opinion is based on the Bitcoin halving technique which takes place about every 4 years when 210.000 blocks are mined. BTC...

Kevin O'Leary Bitcoin

Investing in BTC or Tech Companies Is the Same; Kevin O’Leary

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Investor, entrepreneur, Shark Tank star Kevin O'Leary said in a tweet that Bitcoin is not just a coin or cryptocurrency; it's a software. He answered the institutions that criticize him for investing in BTC, that for him it's completely the same, to invest in BTC or to own large shares in tech...

blockchain games

Blockchain Games Received $1 B in Investments in January

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A report by the decentralized applications platform DappRadar reveals that in January blockchain apps attracted $1 bln. The data show that the GameFi section has been growing. Investments in the sector have reached their peak. Investments include the $300 M investments in OpenSea, which might not...

Vitalik Buterin about possible crypto winter

Vitalik Buterin Expects Another Crypto Winter

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Crypto influencer, Ethereum co-founder Vitalik Buterin said in an interview with Bloomberg that investors might face another crypto winter, mentioning that it isn't entirely bad news. According to him, current low prices provide opportunities to invest and receive increased returns when prices go...

Nayib Bukele Bitcoin El Salvador

Bukele Answered US Senators’ Remarks on El Salvador’s BTC Policy

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The president of El Salvador, Nayib Bukele, responded to the US Senators, who published a paper analyzing the country’s Bitcoin adoption. He said that the US congresspeople don't have any right over an independent country. Via a tweet, Bukele said that they should stay away from the country's...

Ripple XRP lawsuit

Ripple Legal Memos Are Unsealed

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According to the judge's decision, Ripple unveiled legal advice documents that it had requested by law firm Perkins Coie LLP. Ripple former chief executive Chris Larsen applied to the law firm, which delivered two memos in February and October 2012. In February, Perkins Coie recommended Ripple...

cypto adoption survey

In the US Crypto Ownership Exceeds Bank Savings

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Decision Intelligence company Morning Consult published an analyst report on consumer banking and payments, which proves that cryptocurrencies went mainstream. The study shows that the number of US citizens owning crypto is now higher than the number of people that have a certificate of deposits....

Algorand Ethereum blockchain bridge

Algorand Announced a Grant While Working on EVM Compatibility

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The Algorand Foundation announced a $10 M grant as a reward among teams that will study and speed up the work needed to provide EVM compatibility on Algorand. With the upgrade, Algorand will support smart contracts written for Ethereum, thus opening up more DeFi opportunities and at the same time...

SEC investigates Binance

The SEC Investigates Crypto Platform Binance

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The US SEC started an investigation of the crypto company Binance and two other trading platforms; Merit Peak Ltd and Sigma Chain AG. The two function as market makers that purchase and sell cryptos to Binance US to reduce price volatility. According to a report by Wall Street Journal, the agency...

Charlie Munger crypto

Charlie Munger Says Crypto Is Like Venereal Disease

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Long-time crypto critic, investor Charlie Munger stated his opinion about cryptocurrencies. He also criticized the federal reserve policy and the high inflation rate. According to Munger, fiat currencies will hit zero in the next 100 years. The businessman even said that inflation is the most...

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