News and Articles by Anahit

Prices of cryptocurrencies started to recover. In the last 24 hours, Bitcoin's price has gone up by over 5.4% surpassing $50.000 for the first time in a month. The coin's market dominance index is 43.10%. Ethereum's price went up by 3.36% in terms of a day. The total market cap of crypto increased...

Interest in the blockchain and crypto industry has been increasing. As reported by data tracker DappRadar, the sector's quarterly growth is 25%, and yearly growth is 509%. In total, the number of Unique Active Wallets reached 1.54 M daily. Q3 was a diversified interval with the advancement of...

In the last 7 days, the native token of the Tezos blockchain, XTZ saw a price increase of over 36% and reached a new all-time high of $9.18. The token ranks 24th with a market cap of over $7.5 billion. Recently, Tezos's popularity has been growing among developers. On September 8, famous American...

Edward Snowden, who previously worked for the U.S. National Security Agency as an IT expert, finds that Bitcoin only got stronger after the ban from China. On October 4, Snowden shared his opinion via a tweet. In May 2020, when China announced that trading crypto is illegal in the country, he wrote...

The native token of the crypto gaming platform, Axie Infinity hit another all-time high, surpassing $155 today. Over the last 7 days, the price of the token went up by over 133%. Currently, it's the 20th largest cryptocurrency with a market cap of over $9.1 million. The project's valuation hit $30...

Recently, DeFi lending and borrowing protocol Compound has been facing problems. It all started when a system upgrade has gone wrong. On October 1, the news came that over $90 M was sent to users accidentally. Compound CEO Robert Lesher urged people who received tokens, send them back. Otherwise,...

Unknown hackers have attacked about six thousand user accounts of the Coinbase crypto exchange. They exploited the vulnerability to bypass two-factor authentication using SMS. This week, the exchange sent affected customers letters informing them that cybercriminals hacked accounts and stole crypto...

AXS, the native token of the crypto gaming platform Axie Infinity reached a new all-time high of $119.92. In the last 7 days, the token went up by around 75.45%, and in the last 24 hours, the price growth was over 50%. There are several reasons for the surge. On September 30, the Axie team...

Fed chair Jerome Powel said that the bank has no plans to prohibit crypto activities like China. Congressman Ted Budd raised the question in terms of a hearing of the House Committee on Financial Services, asking if Fed Plans include banning or limiting the use of crypto. Previously, in July,...

Iranian authorities will enable licensed crypto miners to restart activities after a temporary ban announced by ex-president Hassan Rouhani on May 26, 2021, local media informs. Iran halted crypto mining due to extreme heat (around 120° F or 49° C), which caused power interruptions and a lack of...

The central bank of Britain is carrying out research on CBDC (Central Bank Digital Currency). The institution aims to include various banking and fintech experts to participate in the process. For this purpose, the Bank of England and HM Treasury informed about the membership of its CBDC Engagement...

Ripple Labs, the blockchain company standing behind the development of XRP cryptocurrency, initiated a $250 M fund to encourage creators of NFTs. The firm said on Sept. 29, that Creator Fund will encourage NFT originators by supporting financially, technically and promotions. Digital artists and...

On Sept. 29, Switzerland's regulatory Financial Market Supervisory Authority allowed the first Swiss crypto fund, investing essentially in digital assets. The issuer of the product named Crypto Market Index Fund is Crypto Finance, a Zurich-based firm providing crypto services such as asset managing...

SEC records as of September 27, disclose that New York-based international investment company Morgan Stanley has expanded its shares of Grayscale BTC Trust by over 105% since April. As mentioned in the papers, at the end of July, the Europe Opportunity Fund, focused on settled firms and startups,...

On September 7, El Salvador became the first country to adopt Bitcoin as a legal tender. While many consider this move as of historical importance, Fidelity Investment analyst Jurrien Timmer disagrees. According to him, El Salvador's BTC adoption is overplayed. Timmer expressed his opinion during...

In terms of the previously held Cardano conference, Charles Hoskinson, the establisher of the platform unveiled a new stablecoin coming to the environment. The stablecoin, named Djed, was created due to the collaboration between Cardano and COTI, which is a blockchain protocol focused on DeFi...

First time ever, decentralized exchange dydx surpassed Coinbase in trading volume. As data from CoinMarketCap show, in the past 24 hours, the trading volume of dydx has gone up by over 188%, exceeding $6.3 billion. dydx launched its governance token on September 8. Today the cryptocurrency has...

Extending its environment, Cardano blockchain unveiled a cooperation with the decentralized oracle network Chainlink. IOHK, the firm that developed the blockchain, revealed various partnerships in terms of the Cardano Summit, which took place from Sep. 25 to 26. Announcement: we partnered with...