News and Articles by Anahit

The CEO of the popular crypto trading platform Coinbase, Brian Armstrong informed about the board decision to add $500 M in crypto to the company's balance sheet. Also, the firm plans to invest 10% of the entire profit in crypto with the possibility to expand the amount. We recently received board...

Increasing by over 27% in a week, the price of the native token of the Cardano blockchain, ADA hit a new record high of $2.55 on CoinMarketCap. The coin now is the third-largest by market cap ($80.7 B). Earlier, on August 13, Cardano founder Charles Hoskinson, announced that the Alonzo upgrade will...

Menlo Park-headquartered financial services provider Robinhood published the results of the second quarter, 2021. As the report released on August 18 shows, the app’s crypto trading has grown. In Q2, cryptocurrency trading brought the company 41% of its revenue. Over this period the firm...

Ethereum co-founder Vitalik Buterin says the token-based voting system of DeFi platforms must move forward. On August 16, he released a blog post on decentralized governance. Referring to the importance of DevGov in the industry, Buterin also mentioned the flaws of token-based voting. Among the...

Popular NFT platform OpenSea set records in the previous 30 days. On August 17, the market’s co-founder and CEO Devin Finzer informed the community that the platform's trading volume surged to $1 M this month. OpenSea just hit $1B in trading volume for the month of August so far.And it's...

Decentralized music sharing and streaming platform Audius’s native token AUDIO now has over a $1 B market cap. It’s the first time that the indicator has broken above this mark. The surge happened after the revealed cooperation with TikTok on August 16. Now Audius users can make their music...

Native tokens of Terra and Solana blockchains reached new all-time highs. Two blockchains represent the DeFi sector and use layer 1 solution. The price of Terra's native token Luna has gone up by around 75% over the previous 7 days. Today it hit $26.58 on CoinMarketCap. The coin ranks 16 with over...

Data show that now there are 6.73 million Ethers worth about $21.2 B staked in Ethereum 2.0 contract. The tokens will remain locked up until the network's major update is completed. With Ethereum 2.0, the current Proof-of-Work blockchain merges with the Proof-of-Stake chain. The switch is supposed...

Gaining around 58% in the previous 7 days, the price of the native token of the Solana blockchain, SOL, reached a new all-time high surging over $64. The coin ranks 11th with over a $17.6 billion market cap. So, the coin is almost catching up with Uniswap's UNI, which market cao currently stands at...

Sydney-based fintech Finder, which is focused on financial products comparison, has issued a report on crypto adoption informing about the results of a survey carried out with 42.000 individuals from 27 European, Asian and American countries. The worldwide average for the percentage of people who...

Major retail company Walmart posted a job on LinkedIn announcing it's looking for a digital currency and cryptocurrency product lead. The company mentioned that among the employer's responsibilities will be building a digital currency strategy and product roadmap. It was noted in the announcement...

Silicon Valley tech company Intel announced the purchase of 3014 Coinbase exchange stocks for around $800.000. The SEC filing shows that the deal was made before the end of June. Intel's investment in Coinbase indicates that the tech giant is positive about the future of crypto. The crypto exchange...

Increasing around 3.43% over the previous 24 hours, the total crypto market cap surged above $2 trillion. BTC dominance currently is 44.5%. The market cap of the leading cryptocurrency stands at $894.2 B. Its price has gone up by around 9.8% over the week. At the moment BTC trades at around $47.600...

DeFi interoperable platform Poly Network, which was hacked a few days ago, offered hackers a $500.000 bug bounty. The attack resulted in removing $610 M from the network. Afterwards, the platform contracted the hack's initiators via Twitter and they sent back most of the funds via several...

The regulatory authority of Iran, the Iranian National Tax Administration proposes to set a legislative structure for the taxing crypto trading networks. The announcement was made 2 months after the country's president Hassan Rouhani talked about a legal system for buying and selling crypto...

Football legend Lionel Messi signed a formal 2-year contract with the Paris Saint Germain football club this week. As PSG stated via a blog post, a large number of PSG fan tokens were a part of Messi’s welcome package. This connects the Argentine player with millions of PSG fans all over the...

On August 10, one of the DeFi's largest hacks ever took place which resulted in stealing around $613 M from the cross-chain protocol Poly Network. After the case, the network contracted hackers via Twitter calling on to return the seized funds. The attacker answered via Ether transaction note,...

Jamaica’s CB minted the first amount of the country’s national currency in digital form. On August 9, the official site of the establishment published the news. The division working on the digital currency project carried out a small financial ceremony demonstrating the way of minting. Among...