News and Articles by Anahit

Multichain DeFi market Aave offers institutional lending and liquidity services via Aave Arc. The service lets enterprises be a part of regulation-compliant decentralized products. Via the liquidity pool, they can supply and borrow assets. Aave Arc is built especially for establishments to deliver...

China’s Blockchain Services Network (BSN) intends to release infrastructure at the end of January to enable NFT deployment. This step is a major development towards forming a Chinese NFT ecosystem that requires no links to cryptos. Launched in April 2020 by the government, BSN is managed by the...

International financial services provider Bank of America's global crypto and digital asset strategist Alkesh Shah wrote in recent research that Solana has the potential to become the Visa of digital asset space. The note was published by BofA clients. The bank sent the paper after hosting Lily...

Popular crypto exchange Coinbase unveiled the upcoming purchase of FairX, a platform that delivers futures products. In a release published by the company, the team said that the goal is to provide derivatives trading, both for retail traders and institutions for all U.S.users. At start, the market...

On January 11, the International Monetary Fund issued a report on cryptos. The institution said that BTC and other digital currencies have grown from an unknown asset category to an integral component of the digital money revolution, which causes financial stability worries. The IMF mentioned that...

The price of the native token of the dapp platform Near Protocol, NEAR hit a new all-time high of $18.28. In the last 24 hours, the NEAR price went up by over 14%. At the moment, NEAR is the 19th largest crypto with a market cap. of more than $11 bln The number of projects built upon the protocol...

Fintech stocks and cryptos saw a decline in recent months. On Jan. 11, the prices started to go up. The rise followed Fed chair Jarome Powel's speech when he said that the US economy is healthy enough and there's a need for tighter monetary policy. He added that the institution will end asset...

Financial services company Block (previously Square) is looking for specialists to launch the next-gen bitcoin mining ASIC (application-specific integrated circuit) system. The company posted several job announcements on Linkedin looking for a custom digital design lead and digital product...

During a recent episode of the podcast “The Joe Rogan Experience ”with his fellow podcaster Adam Curry, the host said that he had a lot of hope for crypto. The two media personalities talked about the crypto industry among other subjects. In Rogan's opinion, crypto ether will fall apart, or it...

Lympo, a subsidiary of game development company Animoca Brands, focused on creating a sports NFTs ecosystem, was hacked. As announced, exploiting the hot wallet security vulnerability, the hacker managed to withdraw 165.2 M of the platform’s native utility LMT (Lympo Market Token) cryptos,...

Serial entrepreneur, co-chief investment officer at crypto-focused hedge fund Pantera Capital, Joey Krug finds that although crypto protocols are growing, Ethereum will keep dominating the market with the biggest share. Moreover, during an interview with Bloomberg, Krug said that, possibly in 10 or...

The US SEC chair Gery Gensler was asked whether he finds Ethereum is a security or not during a recent Squawk Box program. To the question of his views on Ether and XRP, which the regulator argues is security, Gensler said that he wasn't going to speak about a certain project during a public forum....

Nasdaq-listed Bitcoin self-mining company Bitfarms announced adding 1000 Bitcoins for $43.2 M to its holdings. Presently, the company owns more than 4300 coins. With the recent acquisition, Bitfarm's holdings of bitcoin went up by 30%. In the published press release, the mining operations provider...

The police of Kosovo disclosed seizing 300 BTC mining machines on Jan. 8. In a release published by the country's police, it’s said that performing legal duties, officials together with the regulator Kosovo Customs found BTC mining hardware ANTIMER in the region of North Mitrovica. In another...

Changpeng Zhao, The CEO and founder of Binance, the leading crypto exchange by trading volume, is among the richest billionaires globally. According to a report by Bloomberg, with a fortune of $96 bln, CZ is now ahead of Facebook CEO Mark Zuckerberg and Google co-founder Larry Page, and ranks 11th....

Major tennis championship Australian Open collaborates with the open-source VR environment Decentraland to launch NFTs and join the metaverse. AO is launching a collection of 6776 NFTs. There will be 6776 court sections with one section assigned to one asset. Also, AO will hold a virtual event for...

The native token of the Cosmos blockchain protocol, ATOM is close to its all-time high of $44.7, reached in September 2021. In the last 7 days, the ATOM price went up by more than 17%. Currently, the coin trades at around $40 and is the 25th largest crypto with a market cap of over $8.8 billion. ...

Leading payments company PayPal considers releasing its stablecoin. As per a report by Bloomberg, the company is exploring a digital currency pegged to the US dollar. At the moment, details of the project development aren't known. Paypal's senior vice president of blockchain, crypto, and digital...