News and Articles by Anahit

The national treasury of the US proposes to adopt new crypto reporting rules in a $3.5 trillion budget reconciliation bill. Roll Call, a Washington D.C. website delivering Congress news, posted a report. An administration official whose identity is disclosed told Roll Call the Treasury proposed...

Gaining over 20% in the previous 24 hours, Solana's SOL token set a new record. After breaking the $100 milestone, it went higher and surged to $119. On August 27, Solana tweeted about some new incentive called "Ignition" which will come on August 31. Ignition will last till October 8....

Cream Finance Suffered $25 M Flash Loan Attack Decentralized lending and yield farming network Cream Finance’s v1 market on Ethereum chain suffered a flash loan attack today. The platform informed about the exploit via twitter, posting that it resulted in a loss of 418,311,571 in algorithmic...

The Republic of Cuba plans to legalize and regulate Bitcoin and other cryptocurrencies. On August 26, the country's states-issued news provider "Gaceta Official" announced Resolution 215. According to it, Cuba's Central Bank will establish new laws related to crypto. To advertise crypto,...

SOL, the native token of the Solana blockchain, updated its all-time high, breaking above $90 today. Over the last 24 hours, the price of the coin increased by around 8%, over the previous 7 days it went up around 14.5% . Solana was released in March 2020. Today SOL is the 10th largest...

Ethereum is dealing with a chain split as a percentage of validators failed to upgrade their software after the found bug in the earlier versions of Ethereum interface Go Ethereum (Geth). A few days ago, on August 24, the team running the commonly used Ether interface layer Geth announced a flaw in...

New York-headquartered international bank Morgan Stanley extended its indirect Bitcoin exposure by adding over one million Grayscale Bitcoin Trust (GBTC) shares worth about $40 M at the moment. The institution filed the purchase filing with the SEC on August 25. As the report shows, Morgan Stanley...

UK billionaire businessman, the co-founder and former deputy director of the popular platform for price comparison, MoneySuperMarket plans to add more BTC and other cryptocurrencies to his family office investments. During the interview with Bloomberg, the managing director at Nixon's Seek Capital,...

Data provided by DeFi TVL aggregator DeFi Llama revealed that total value locked in various chains reached a new high surpassing $157 B. The highest mark was on August 22, despite Bitcoin’s and Ethereum price being over 26% lower than their peaks. The DeFi space continues to grow with industry...

The co-founder, CEO, and CIO of the hedge fund manager Three Arrows Capital, Su Zhu supports Dogecoin, as it's easy to understand and captures the interest of blue-collar traders. Su Zhu expressed his opinion during the interview on “The Game Theory of Crypto Podcast”, where he talked about the...

Alethea AI Attracted $16 M to Build Intelligent NFTs A startup from Singapore, decentralized protocol Alethea AI, which enables the creation of intelligent NFTs (iNFTs) announced raising $16 M via a private token sale. 1/ After our groundbreaking sale of the world’s first iNFT at @Sotheby’s for...

Colorado-based BTC mining company Riot Blockchain announced the results of the second quarter of 2021. The press release issued on August 23 indicates that the company's mining revenue reached $31.5 M which means a 1540% growth compared to last year's $1.9 M. 70% of the revenue, which is $19.3 M,...

Michael Saylor, CEO of the enterprise analytics and software solutions entity MicroStrategy revealed another Bitcoin purchase today. The company acquired 3.907 coins for $177 M paying $45,294 per BTC on average. Thus, MicroStrategy's Bitcoin holdings reached 108,992 units with an average price of...

Leading financial services company Visa revealed buying CryptoPunk #7610 paying around $150.000 in Ether. Along with the announcement, Visa released a blog post. Through the post, the head of Crypto at Visa, Cuy Sheffield, explained what NFTs are and why the company chose to buy one. Over the last...

Over the last 24 hours, the total crypto market cap has increased by around 2.7%, surpassing $2.17 trillion. Bitcoin surpassed $50.000 for the first time since May. Ethereum has surged over $3.362. The native token of the Cardano blockchain, ADA has come near to $3. Today, the coin reached a new...

This year’s blockchain poll carried out by major management consulting company Deloitte shows that 76% of the participants believe that digital assets will become a more common choice or replace fiat in the coming 5-10 years. As mentioned in the publication, the survey was processed from March 24...

The US-based investment manager AdvisorShares filed with the SEC to release a Bitcoin ETF. As noted in the submitted papers, the fund plans to invest all or most part of its holdings in exchange-traded futures contracts on BTC and collateral. In case of approval, AdvisorShares plans to invest in...

Crypto and blockchain market data provider Santiment announced that the unique amount of addresses interacting on the LINK network has reached a 3-month high. On August 20, the number of unique addresses was 8025. 📈 #Chainlink jumped back to as high as $28.70 Friday, rebounding toward its recent...