News and Articles by Anahit

Shibarium, the Layer 2 scaling solution for the Shiba Inu, will be launched soon. It is expected to go live in the first half of 2022. However, the official date wasn't announced yet. According to the 2022 roadmap of the public/private blockchain ecosystem, Unification Foundation, developers are...

According to a ruling by U.S. District Judge Analisa Torres, the advice Ripple got from a law firm in 2012 on whether XRP is a security or not, must be unveiled by February 17. The question plays an important role in the lawsuit, as the SEC accuses Ripple's executives of implementing an ulisted...

Polygon, an Ethereum scaling solution, has attracted $450 M, in a funding round led by Venture Capital Sequoia Capital India. SoftBank, Galaxy, Tiger, Republic Capital, and others also took part in the fundraising. The amount was raised via a private sale of MATIC, the native crypto of the...

A recent study by the trading platform eToro found out that financially stable people, who are also savvy, are more attractive for going out on a date. Based on the survey answers, 33% of Americans would be more likely to date someone who added crypto in their dating profile. Also, the study found...

LEO token hit a new all-time high, going above $5.23. It has a market cap of nearly $5 billion. LEO is a utility token operating on the Bitfinex trading platform and the Ifinex ecosystem. Bitfinex launched the token in May 2019 via Initial Exchange Offering (IEO)....

The Treasury Department of the USA issued a report on NFTs, saying the assets include financial crime risks, and recommending possible solutions. Based on a recent study by the Treasury, the high-value art market presents money laundering and terror finance risks. The report also looked into the...

Benedetto Vigna, the CEO of leading sports car manufacturer Ferrari, said during the earnings call of the fourth quarter of 2021 that the automaker is looking at opportunities for growth in the metaverse. The executive said it's important to explore how new technologies can help the brand. Vigna...

In a recent interview on The David Rubenstein's Show, billionaire investor Ray Dalio said that he finds crypto interesting, and holds a small part of his holdings in digital assets for diversification. However, the entrepreneur also mentioned that the sector is vulnerable. Dalio said it can be...

The CEO of the open-source protocol Balancer, Fernando Martinelli, presented a proposal of adopting a vote-escrowed system similar to that of Curve Finance. If approved, the system will allow owners of the protocol's native BAL tokens to lock their assets for a certain period of time and get...

Ethereum-Solana bridge Wormhole announced replacing funds after a recent hack. The platform said that soon the team will present a detailed report on the incident. 1/2All funds have been restored and Wormhole is back up.We're deeply grateful for your support and thank you for your...

Technology-driven investment management firm Galaxy Digital started an ESG (environmental, social, and governance) program focused on ensuring environmentally-friendly Bitcoin mining. Founder and CEO of Galaxy Digital, Mike Novogratz wrote that the company built a structured approach to implement...

In a recent AMA with the network of high school coding clubs and makers, Hack Club, Ethereum co-founder Vitalik Buterin answered the questions of participants. He told how he got interested in Bitcoin and joined the community. Vitalik said that putting together the team was the main challenge in...

Leading video game company Ubisoft partners with the blockchain network Hedera Hashgraph to support the development of gaming ecosystem expansion on Hedera's distributed ledger technology. By becoming a member of the Hedera Governing Council, Ubisoft will take part in governance, product direction...

Anton Siluanov, Russia’s Minister of Finance finds that crypto should be regulated and not forbidden. As local media informs, the politician wrote a letter to the PM, Mikhail Mishustin and proposed to legalize crypto trading via banks. Previously, the Bank of Russia issued a paper, suggesting a...

Wormhole, a cross-chain protocol, reported that it was hacked. As a result of an exploit, around 120.000 wETH was lost. Wormhole said that the protocol will add Ethers over the following hours to make sure that wETH is backed 1:1. Later, the protocol went down for maintenance and for the team to...

Rules for tax on crypto have been uncertain in the US. As a result of a lawsuit, started in May 2021, the Internal Revenue Service said that it would refund $3,293 in income tax (and statutory interest) to a Nashville couple. Previously, the couple had paid the amount on 8.876 Tezos tokens they had...

Sundar Pichai, the Chief Executive Officer of Google’s parent company Alphabet, talked about blockchain and web 3 during Google's quarterly earnings call. Reportedly, it was the first time the executive publicly commented on the industry. Pichai said that he's always excited to explore...

Crypto derivatives platform BitMEX presented its native ERC-20 token BMEX, which has a max supply of 450 million tokens. BitMEX distributed 1.5 M tokens to the users of the platform via airdrop. This way, the customers of the platform became the first holders of the coin. According to an...