News and Articles by Anahit

Blockchain technology company standing behind the development of Cardano, IOHK announced that the team proposed a new parameter update to expand network capacity. The new proposal suggests Cardano’s increasing block size by 8KB, making it 80KB from the current 72KB. IOHK wrote in a Twitter thread...

Alexis Ohanian, the co-founder of Reddit and the venture capital firm Seven Seven Six (776), announced that the VC attracted $500 M for its two newest funds. Thus, the amount of Seven Seven Six’s total assets under management reached $750 M. I’m proud to announce @sevensevensix has raised $500M...

The CEO of the biggest publicly-traded business intelligence company MicroStrategy Michael Saylor announced buying another 660 bitcoins for $25 M. MicroStrategy paid about $37.865 per coin. Currently, the company holds about 125.051 BTC purchased for $3.78 bln at an average price of $30.200 per...

CEO of leading commerce platform, Shopify, Tobias Lütke, now is one of board directors at Coinbase. Lütke tweeted that he's excited to join Coinbase and respects what the company does. Excited to work with @brian_armstrong and team. Huge respect for what they build. LFG...

During a budget presentation today, India's Minister of Finance Nirmala Sitharaman revealed plans for the release of national digital currency and the taxation of the revenue from crypto assets for 30%. As announced, the Reserve Bank of India intends to release a digital rupee in 2022-2023. The FM...

Crypto Open Patent Alliance announced welcoming Meta onboard, saying the step is the biggest commitment to patent non-aggression till today. COPA is a non-profit community, formed in September 2020 by Jack Dorsey's Square company. It has a mission to make technology on crypto accessible for all...

New York-based international bank JPMorgan issued a note on January 26. In the paper, analysts of the bank wrote what is their expected long-term BTC price. According to the bank, volatility along with constant ups and corrections will prevent future adoption by institutions. The estimations by...

Solana digital asset wallet Phantom has attracted $109 M in a Series B funding round. Thus, the valuation of the company hit $1.2 bln. The round was led by investment firm Paradigm. Andreessen Horowitz, Variant Fund, DeFi Alliance, Solana Ventures, also took part in the round. In the published blog...

The founder of the blockchain protocol Polygon, and non-profit foundation Crypto Relief, Sandeep Nailwal announced today that there have been discussions with Vitalik Buterin around the Shiba Inu assets he sent to CryptoRelief. Sandeep Nailwal said in a tweet that they have decided to transfer $100...

Leading NFT marketplace OpenSea announced compensating users that suffered from the recent bug exploit. Funds worth $1.8 M was returned to the users. It was detected on January 24 that a hacker found a front-end vulnerability. Exploiting the bug, the hacker withdrew around 332 Ethers, worth around...

Meta's stablecoin project Diem, initially called Libra, is shutting down. According to a report by Wall Street Journal, a person familiar with the subject said that the Diem Association is selling the technology to California-based bank Silvergate Capital for $200 M. Silvergate Capital agreed to...

New York-based international record label conglomerate Warner Music Group is intending to hold virtual concerts in the metaverse. The company disclosed that it collaborates with the Ethereum-based shared digital space The Sandbox to set a virtual musical world. WMG obtained an estate that will...

The U.S. Securities and Exchange Commission is examining the products of crypto companies Celsius, Voyager, and Gemini. According to a Bloomberg report, the scrutiny is a part of an expanded inquiry into businesses that provide lending products and allow customers to deposit tokens and earn...

Leading software crypto wallet Matamask developed by ConsenSys added a new feature named "DeFi Connector," which allows enterprises to access DeFi products built upon different blockchain protocols. For this purpose, MetaMask Institutional (MMI) integrated solutions of Cactus Custody, a...

The president of Russia, Vladimir Putin does not totally agree with the position of the country's Central Bank that crypto mining and trading should be banned. Today, during the meeting with the government members, Putin talked about crypto regulations. Referring to the paper released recently by...

Ripple continues to grow with its valuation hit $15 billion after buying back its Series C shares from investors. The CEO of the company, Brad Garlinghouse announced that despite the ongoing case, Ripple’s financial position is the strongest ever. Excited to announce @Ripple bought back our...

The Vice President of Tech Strategy at the Stellar Development Foundation, Tomer Weller announced that in 2022 the protocol plans to support the development of smart contracts. Stellar is a decentralized payments technology that provides cross-border transfers between any pairs of currencies. With...

Yesterday Elon Musk tweeted that he would eat a happy meal on TV if Mcdonald's accepts Dogecoin payments. The fast-food company answered to Musk, saying that it would accept DOGE only if Tesla accepts GrimaceCoin. Grimace is a purple character featured in some campaigns of...