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News and Articles by Anahit

Gary Gensler testimony on crypto

SEC Chair Gary Gensler States His Opinion About Crypto


On September 14, the chairman of the US Securities and Exchange Commission, Gary Gensler stated his opinion related to the crypto sphere before a Senate committee. According to him, major crypto exchanges should register as securities exchanges. The Senate Banking Committee issued Gensler's...

Ethereum hashrate high

Ethereum Hashrate Set a Record High


As data from Etherscan show the processing power of the Ethereum network reached a new all-time high on September 12, hitting 715.4 terahash/second. The highest mining difficulty of the network was 9,056.548 TH on Sunday. The indicator started to go up in late June. On May 21, China State Council...

Brevan Howard crypto

Brevan Howard Opens a Crypto-Related Division


European hedge fund manager Brevan Howard hired CMT Digital CEO Colleen Sullivan to manage private and venture investments in cryptocurrencies. In 2017, she co-founded Chicago-based CMT Digital, a division of investment manager firm CMT Group. The parent company, founded in 1997, started activities...

MasterCard Acquires CipherTrace

MasterCard Purchased Crypto Intelligence Firm CipherTrace


Major financial services provider MasterCard acquired crypto risk intelligence firm CipherTrace. The startup creates tools via which companies and government officials can find out illegal crypto transactions. The amount for the purchase hasn’t been unveiled. New on the Blog! "Mastercard...

Ukraine makes crypto legal and regulated

Ukrainian Parliament Voted in Favor of Crypto Legalization


Ukraine became the latest country to legalize and regulate cryptocurrencies by providing official clarity of the industry. 276 lawmakers voted in favor of the bill and 6 against it. The bill was presented in 2020. After getting the approval of the parliament, it needs to be signed by President...

dYdX governance token

Decentralized Exchange dYdX Released Its Governance Token


Ethereum-based Layer 2 protocol dYdX released its governance token on September 8. The airdrop surpassed $100.000. dYdX exchange was launched in 2017. It offers users decentralized derivatives, margin, and spot trading. According to data from DeFi Pulse, the total value locked in the platform...

Near protocol Solana

SOL and NEAR Reached New Highs While the BTC Price Fell


Native coins of Solana blockchain and NEAR Protocol reached new all-time highs today. Increasing by around 29% in the last 24 hours, the price of SOL reached $214.96 on CoinMarketCap. The coin now ranks 6th with over $60.2 billion market cap. Solana is one of the fastest blockchain ecosystems...

Cardano Alonzo upgrade

Cardano Announced the Alonzo Upgrade Date


Tech company standing behind the development of Cardano blockchain, Input Output Hong Kong (IOHK) announced the date of the Hard Fork Combinator (HFC). The event is scheduled for Sunday, September 12 at 21:44 UTC. LAUNCH CONFIRMED: Today, around 17:26 UTC we successfully submitted an update...

SEC vs Coinbase

Coinbase Receives Notice From the SEC Over Its Lend Product


Leading cryptocurrency exchange Coinbase announced that it received a Wells Notice from the Securities and Exchange Commission. The regulatory agency warned the company against launching a product that would allow consumers to earn interest for their crypto holdings. A Wells Notice represents a...

Solana and FTX new highs

Solana (SOL) and FTX (FTT) Hit New All-Time Highs


Today, two altcoins, Solana blockchain's native token SOL and the crypto exchange FTX's FTT hit new highs, $194.82 and $83.41 respectively. On September 6, major crypto trading platform FTX revealed that it plans to release an NFT marketplace soon. First time the FTX CEO, Sam Bankman-Fried talked...

El Salvador Bitcoin

El Salvador Legalized BTC with 400 Coins in Its Holdings


Nayib Bukele, the president of El Salvador disclosed on September 7 that the country acquired another 200 Bitcoins ahead of the legalization of the cryptocurrency. Thus, the total number of Bitcoins owned by El Salvador reached 400. At current prices, it's worth over $21 M, as Bitcoin trades at...

UK FCA crypto

UK's FCA Says Crypto Regulation Can Backfire


Today, September 9, UK's Financial Conduct Authority (FCA) published the speech of Charles Randell, Chair of the FCA and Payments Systems Regulator. The release titled "Risks of token regulation", discusses several issues that the regulatory finds are present in the crypto industry. The...

XRP Ripple

XRP Price Surges While the SEC vs Ripple Case Continues


In the last 24 hours, the price of XRP went up by around 5%, reaching $1.32. The surge happens, while the SEC vs Ripple case continues. The latest update of the lawsuit is that US magistrate judge Sarah Netburn ordered Ripple to handle 1 million missing Slack messages among employees that the...

Binance South Africa

South Africa Warns About Binance. The Latter Replies


On September 3, South African financial regulatory body, the Financial Sector Conduct Authority (FSCA) urged people against leading crypto exchange operator Binance. The press release, published by the authority, says Binance doesn’t have permission to offer advisory or intermediary services in...

Solana $150

Another New High From Solana: The Coin Surpassed $150


Having increased by around 63% in a week, the price of Solana (SOL) reached a new all-time high of $150 on CoinMarketCap. A few days ago, SOL got ahead of Dogecoin in terms of market cap. Now it's the 7th largest cryptocurrency with over $42.3 billion total value of mined coins. Solana ecosystem...

DeFi Uniswap SEC

US SEC to Start an Investigation of Major DeX Uniswap


The US regulatory agency began to investigate Uniswap. The news was published by The Wall Street Journal on September 3. Source of the information is "people familiar with the matter", the media platform says. As stated in the post, the SEC wants details on how Uniswap Labs arranges...

Cardano blockchain ADA

ADA Surpassed $3 Following Smart Contracts Test Net Launch


Tech company that built the Cardano blockchain, Input Output (IOHK) informed followers about the successful release of the Plutus platform’s smart contract capability on testnet. This is an essential part of the Alonzo mainnet upgrade, which will occur on September 12. On September 2, after the...

Presearch in Europe

Android in Europe Adds Decentralized Search Engine Presearch


Blockchain-powered decentralized search engine and a token ecosystem Presearch is now available for Android devices across Europe as an alternative option. On September 1, Google listed the browser. The majority of smartphone owners in Europe, around 70% use Android. Thus, the blockchain-based...

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