News and Articles by Anahit

Today, March 26 the Bank of Japan published an announcement on behalf of the executive director UCHIDA Shinichi concerning the country's CBDC. The Bank informed it will begin to test the implementation and main functions of its digital currency from April 2021. There was established Liaison and...

On March 26, the Commonwealth of Australia initiated a program named "Blockchain Pilot Grants". As stated in the document, financing aims to help organizations with overcoming issues concerning compliance with regulations. Two pilots will be financed up to $ 3M for putting forward...

Today, March 25, crypto trading platform Binance issued a blog post informing about the employment of two previous officials of the Financial Action Task Force Rick McDonell and Josee Nadeau as its regulative and compliance specialists. The news came about two weeks later after the US federal...

Initiated today, Polkadot-powered decentralized insure marketplace Tidal Finance runs a Balancer LBP. The process will last three days and end on March 27. LPB is a liquidity pool on Balancer that allows parts to issue tokens over it. On March 23, the protocol carried out an IDO via Polkastarter...

On March 24, Boston-based major financial institution Fidelity Investments submitted documents with the SEC to get authorization to issue its BTC exchange traded fund. The ETF which will enable betting on the price of BTC without buying or storing the coin will operate under the name Wise Origin...

IDO (Initial DEX Offering) also known as Initial DeFi Offering is a type of fundraising managed on decentralized liquidity exchanges like UniSwap, Balancer, 1INCH, and others. This makes it different from other methods of crypto fundings (ICO, STO, IPO, IEO). Trading on decentralized liquidity...

Major financial institution Goldman Sachs submitted papers with the U.S. SEC for an investment output that will allow indirect exposure to BTC. The due date is March 26, 2026. Goldman Sachs' project will run with the name "Autocallable Contingent Coupon Coupon ETF-Linked Notes". It traces...

Layer 2 scaling solution for Ethereum environment, Hermez Network which offers cost-effective activities, went live on the Ethereum mainnet at 9:30 AM UTC. Now the medium gas fee for a transaction on Ethereum is about $16. Hermez's work suggests 90% savings, so the cost will be reduced to $1.5. The...

On March 23, Ethereum co-founder Vitalik Buterin issued a blog post that covers various aspects of the crypto industry. In the blog post, Buterin also referred to non-fungible tokens (NFTs) saying they can be used for different social objectives like charities or financing common goods. He finds...

On March 23, online broker Robinhood has filed for an IPO (initial public offering) with the SEC in confidence. The team verified the news by posting a blog post. It's not clear yet how the process will be managed. However, according to Bloomberg, Robinhood considers listing the shares on...

Today, March 24 Tesla CEO Elon Musk announced via Twitter that now it is possible to acquire electronic cars paying in Bitcoin. The business magnate pinned the news on his account. You can now buy a Tesla with Bitcoin— Elon Musk (@elonmusk) March 24, 2021 ...

Successful entrepreneur, co-founder of major technology company Infosys, Nandan Nilekani says cryptocurrency should be considered an asset class in the country. On March 15, officials announced that the Indian government is going to put forward a bill forbidding crypto assets. Nilekani talked...

Crypto services provider Gemini founded by the Winklevoss brothers informed about listing seven new assets. They represent DeFi, non-fungible, and Web 3 infrastructure sectors. Thus, the amount of offered coins and tokens reached 33. Besides, there are 10 crypto assets for custody. The newly added...

Crypto trading network OKEx Korea shared a note informing it will stop operations on April 7. The company urged clients to draw out their fiat and crypto owning by the mentioned date. OKEx Korea is a centralized exchange established in 2017. There are 122 coins listed on the platform. What is the...

On March 22, technical support company Support.com made a merger agreement with Bitcoin miner Greenidge Generation Holdings, after which shares of the company reached new highs. This type of agreement suggests uniting two companies into one. According to the agreement, Support.com will take...

On March 7 leading asset manager Grayscale announced launching five altcoin trusts. Livepeer (LPT) was among them. After this, the price of the token gained 500% and reached a new all-time high of $32 on March 20. Now the token trades at around $23.88. Grayscale's Livepeer trust now holds $7.1 M...

Fed chair Jerome Powell talked about cryptocurrencies during an online meeting organized by the global financial institution Bank for International Settlements. Powell pointed out the volatile nature of crypto assets, concluding that they can't be a store of value. Hence, he doesn't consider BTC to...

Adamu Lamtek, a senior exec of Nigeria's Central Bank (CBN) informed that cryptocurrency trading isn't prohibited in the republic. In February CBN directed banks to shut down accounts that perform crypto operations. This raised a lot of discussions among the people interested in crypto. Explaining...