News and Articles by Anahit

On Jan. 17, the blockchain interoperability network Multichain was hacked. The team announced that a critical vulnerability affected 6 cryptos; WETH, PERI, OMT, WBNB, MATIC, and AVAX. The company mentioned that it fixed the vulnerability, and transactions could be done safely. However, Multichain...

Erik Thedéen, Member of the Management Board of the European Securities and Markets Authority (ESMA) finds that EU regulators should encourage the crypto industry to use crypto mining that is less energy-consuming. During an interview with Financial Times, Thedéen said that he finds the solution...

Tech giant Microsoft disclosed acquiring one of the biggest game publisher companies, Activision Blizzard for around $68.7 bln. Microsoft said that the move is a step towards entering the metaverse. Metaverse is a virtual environment where users interact via 3D avatars. Fungible and non-fungible...

Leading technological corporation Intel is going to unveil a new, environmentally friendly BTC mining ASIC at the upcoming International Solid-State Circuits Conference (ISSCC), which will take place next month. In the program, published by ISSCC, it's mentioned that session 21, highlighting chip...

NFTs and metaverse-focused company Animoca Brands announced securing around $358 M in investments. In a blog post published on Jan. 18, the team said that the company’s valuation surpassed $5 B with the fund allocation. The investment round was led by Liberty City Ventures. Among the...

Entrepreneur Mark Cuban unveiled that he invests 80% of his holdings in crypto. In a later interview during "The Problem With Jon Stewart", Cuban said that currently, he doesn't invest in traditional establishments. The NBA team Dallas Mavericks owned by Cuban partners with the publicly...

Crypto trading platform Crypto.com detected unauthorized activity on the platform on Jan. 17, after which it stopped deposits and withdrawals for some time. The team was investigating suspicious activities during the pause. Crypto.com stated that all funds were unaffected. The exchange implemented...

The Polygon team revealed today that Ethereum Improvement Proposal (EIP 1559) is going live on the Polygon blockchain protocol. With the upgrade, the supply of MATIC becomes deflationary, which means that through burning, coins will be removed from circulation. Also, the step improves fee...

Later filings by leading retail company Walmart unveil that the company intends to release its own crypto asset, NFTs, and enter the metaverse. The company submitted filings with the USA Patent and Trademark Office at the end of 2021. Overall, Walmart presented 7 filings. In one of them, the...

MAS (The Monetary Authority of Singapore) released a guideline that set rules for those offering crypto trading services, from advertising their services publicly. The new rules aim to protect investors from possible risks. According to the regulator, the public shouldn't be provoked to trade...

International financial services corporation Fidelity published research on cryptocurrencies. The report covers the spheres of regulations, adoption, market awareness, the expansion of the industry, and other analyses. Fidelity mentioned that in 2021 Bitcoin saw significant growth. At the start of...

Cardano-based decentralized exchange SundaeSwap, unveiled that it will launch and hold an ISO (Initial Stake Offering) on Jan. 20. 📢The moment we've all been waiting for has finally come!We're excited and proud to share that SundaeSwap and the ISO will be launching on the evening of...

Bitfinex, the 8th largest crypto exchange by trading volume, published a notice on Jan. 14 for Ontario (Canada). The team said that from March 1, 2022 services will become unavailable for Ontario customers. Bitfinex has started some actions. Accounts that have no balances on the market will be...

Demand for specialists in the crypto space saw significant growth. From 2020 to 2021, job postings in the USA that include terms like "BTC", "Ether", "blockchain", "crypto" increased 395%. The broader tech sector saw a 98% surge during the same interval. It...

Brazilian city Rio de Janeiro’s mayor Eduardo Paes, disclosed plans to buy BTC with 1% of the city's treasury funds at the Rio Innovation Week. Also, he said that there'll be up to 10% discount on prices in the case of BTC payments. As Paes stated, Rio aims to turn into South America's tech...

Cryptocurrency exchange FTX launched a new venture capital to back web3 and crypto startups. FTX Ventures will be led by Amy Wu, a partner at VC Lightspeed Venture. Previously, in November 2021, Lightspeed in the leadership of Wu, together with FTX and Solana Ventures, launched a $100 M Web3...

As per a recent decision by the US Magistrate Judge Sarah Netburn, the SEC will disclose emails related to a speech, in which an ex-official William Hinman stated that Eth isn't a security in 2018. Then, he said that the cryptocurrency is decentralized enough. This speech plays a major role in the...

Electric vehicle company Tesla started accepting Dogecoin for merch as Elon Musk tweeted today. Tesla merch buyable with Dogecoin— Elon Musk (@elonmusk) January 14, 2022 ...