News and Articles by Anahit

The number of Ethereum addresses with a small number of tokens reached a record high in 2021. According to data from the on-chain market intelligence platform Glassnode, there are over $18.3 M addresses with at least 0.1 Ether. In early 2021, the number of small Ether accounts was 3,638,204. Data...

Multinational investment bank JP Morgan's Onyx platform launched a lounge in the metaverse, based on the blockchain-powered virtual world Decentraland. The platform has its native utility token MANA, which at the moment trades at around $3.3. Users can buy virtual lands, and items using crypto...

Finder.com, a fintech company that provides data for comparison, published Ether price analytics and prediction. According to the company, the Ether price will hit $6,500 by the end of 2022. By 2025, it would hit $10,810. The prediction is based on a survey that took place on 6-17 January, 2022. 28...

The CEO of financial company SoFi, Anthony Noto said that his family holds crypto and that it would be a mistake for enterprises to ignore blockchain technology despite the risks of that digital assets present. In a CNBC interview, Noto mentioned that the crypto industry is still at its early stage...

Hashrate of the Bitcoin network hit a new all-time high of 248.11 exahashes on February 12. Hashrate indicates the total computational power that the network of computers, miners use to produce new blocks. This way, miners secure the network. A higher hashrate means higher security....

Leading crypto exchange Coinbase released an ad amid SuperBowl in terms of the marketing campaign "Less talk, more Bitcoin." The platform offered to sign up and get $15 in free Bitcoin by February 15 and win $3 M in prizes. It appeared later that the ad was too popular, it knocked out the...

Former US stockbroker, broadcaster, filmmaker, crypto investor, and the host of the program Keiser Report, Max Keiser supports El Salvador's Bitcoin policy. In an interview with Diario El Salvador, he said that El Salvador's making Bitcoin a legal tender offers a hopeful outlook for all economic...

Major streaming service and production company Netflix revealed that it had ordered a doc series about the couple, who allegedly attempted to withdraw funds from one of the largest crypto hacks. The hack happened in 2016 when hackers managed to exploit the crypto exchange Bitfinex and seize about...

György Matolcsy, the governor of the Hungarian National Bank (Magyar Nemzeti Bank in Hungarian) said at a press conference that it's time for the European Union to act upon crypto, and ban crypto trading and mining activities. Last year, the government of China announced all crypto activities as...

The leading video sharing site Youtube released a blog post on behalf of Chief Product Officer, Neal Mohan. He presented what improvements and features were added in 2021, what is new and what tools and features to expect. Plans of the company include introducing new insights for video creators and...

Leading accounting company PwC (PricewaterhouseCoopers) published a report on cryptocurrency mergers and acquisitions (M&A), and fundraising of 2021. According to the report, the total M&A value growth in 2021 was due to the increase of 4,846% in cryptocurrency prices. The average deal...

Ethereum offchain scaling solution Optimism revealed that there was found a vulnerability in the codebase by software engineer Jay Freeman (saurik), who reported the issue. The bug would enable a hacker to print assets on any chain via a fork of go-ethereum. Optimism patched the bug, and awarded...

Luxury fashion house Gucci opened a shop in the virtual environment through the blockchain-powered decentralized gaming metaverse, The Sandbox. The amount of the deal isn't known. Gucci's virtual platform, Gucci Vault will provide an engaging fashion experience. The space is visualized by the...

New York-based credit rating agency Fitch lowered the long-term Foreign Currency Issuer Default Rating (IDR) of El Salvador from B- to CCC. According to Fitch, El Salvador's rating was lowered as a result of several factors, including the weakening of institutions, concentration of power in the...

Vitalik Buterin shared his views of how rollups will scale the Ethereum network, and what additional solutions can be executed. According to Buterin, rollups are in the short and medium-term, and likely in the long term the only trustless scaling solution for the protocol. Rollups provide...

Leading DeFi protocol Aave introduced its social media platform, Lens, on the Polygon blockchain. Lens is an open-source, Web 3, smart contracts-based platform, which offers user-owned content and social interactions. Also, it enables developers to focus on developing user experience and not on...

In a hearing which took place on February 8, Congress rejected the proposal of the Treasury to include stablecoin issuers into a banking structure. However, there will be other reporting and discussions. In November 2021, the President's Working Group on financial markets published a report on...

The Russian government confirmed the proposed Minfin concept of regulating the crypto industry. According to the official announcement by the government, the industry will be regulated to ensure investor protection. Thus, cryptos will be integrated into the financial system. The government...