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The native token of the decentralized data sharing platform NuCypher, NU saw a significant price increase of around 1000% in the last day, reaching its all-time high of $3.58. The surge happens exactly one year after the platform was launched. Nucypher is based on the Ethereum blockchain. It...
Leading crypto trading company Coinbase released Digital Asset Policy Proposal on October 14, suggesting set clear regulations for crypto and Web 3.0 in the USA. The exchange issued an explainer on GitHub describing its vision. Coinbase finds the right way to regulate the industry is through a...
The US Securities and Exchange Commission won't block Bitcoin Futures ETFs from beginning to trade in the following week. As sources familiar with the subject told Bloomberg, the agency is likely to give a green light to the first BTC ETF product. BTC futures enable getting access to the coin...
Digital Pound Foundation, a separate forum engaged in the development of the U.K's central bank digital currency (CBDC) announced its launch today (October 14). The DPF is formed by tech, innovation, and regulation specialists. Its Chair is Jeremy Wilson, former Vice President of London-based...
Today, during the Russian Energy Week conference, Russia’s president Vladimir Putin said that cryptocurrencies can be used as a unit of account. At the same time, he mentioned that it's still soon to tell if crypto can be used in energy transactions or not. Asked if BTC or other cryptocurrencies...
Tesla CEO Elon Musk reacted to a tweet of Dogecoin creator Billy Marcus (Shibetoshi Nakamoto), who said that the network needs updates regarding Nodes. According to him, this change will reduce transaction fees. I wanted to write something slightly more nuanced about Dogecoin Nodes, so bear with...
Blockchain platform Polkadot stated that parachains are ready to go live. Parachains are blocks that connect with Polkadot's central chain called Relay Chain. They are meant to expand the blockchain's environment, building scalable multi-chain architecture Currently, Polkassemmbly holds voting over...
Investment banker, CEO of financial services company Galaxy Digital Michael Novogratz expressed his opinion about JPMorgan CEO Jamie Dimon's Bitcoin views. Dimon said recently he finds Bitcoin worthless but it's his personal opinion and has nothing to do with the fact that the bank's clients think...
After China's ban on crypto mining, released in May, the USA became the leader of BTC mining. A study by the Cambridge Centre for Alternative Finance shows that the BTC mining hashrate of China dropped from 44% to 0% between May and July. In 2019, three-quarters of the world’s hashrate came from...
Phaeton Technology, the creator of the renewable energy powered Phaeton Blockchain, has announced the development of a Nature-based Exchange. With its BaaS (Blockchain as a Service) offering, Phaeton has been contracted by a group of partners to build an Exchange platform for nature-based assets...
Today, leading cryptocurrency exchange by trading volume Binance released a Notice, announcing the delisting of the Chinese Yuan from its consumer-to-consumer (C2C) trading zone. CNY will be removed at 24:00 (ET) on December 31, 2021. In addition, the firm will carry out a checklist of users. In...
On October 12, leading crypto trading platform Coinbase revealed intentions for the release of an NFT marketplace. As mentioned in the blog post published by the company, the P2P marketplace will allow minting, trading,displaying, and exploring NFTs more easily. The popularity of NFTs has been...
Today cryptocurrency trading platform Celsius announced raising over $400 M in equity funding. The investment was led by the growth-oriented investment firm WestCap. With this, the company's valuation has reached $3 billion. The news comes after Celsius's facing scrutiny. Last month, the New Jersey...
Director of Venezuela’s Maiquetía International Airport (otherwise called Simón Bolívar), Freddy Borges announced that the institution intends to add cryptocurrencies like Dash, BTC, and state-backed Petro (PTR) as a payments option. The exact date when the option will become available isn't...
CEO of New York-based international investment bank JPMorgan Chase Co, Jamie Dimon says in his personal opinion Bitcoin is worthless although the bank's customers think differently. The executive shared his views during an Institute of International Finance event on Oct. 11. At the same time, he...
Blockchain analytics firm Elliptic tweeted about raising $60 M in Series C funding round. Different venture companies and banks backed the round. Among the investors are VC Evolution Equity Partners, a multinational conglomerate company SoftBank, financial services companies Wells Fargo, Santander,...
El Salvador’s president Nayib Bukele's step of Bitcoin legalization and making local businesses support the coin didn’t get approval of Vitalik Buterin. Although Bukele tweeted in September that BTC would not be forced on everyone, Article 7 of the Bitcoin Law states that every business...
Today, a journalist at Beijing political magazine Caijing, Yan Qinwen Zhang Yingxin reported that China is considering ways to convict and sentence crypto activities by law. While currently there is no legal framework providing this option, the country plans to establish a judiciary system for...
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