News and Articles by Anahit

Francis Suarez, the Mayor of Miami said he keeps taking his salary in Bitcoin, although the coin's price dropped by around 40% in the last two months. At the World Economic Forum, he said that it's not his only salary. Suarez mentioned that it's a different decision if someone decides to take their...

Ethereum co-founder Vitalik Buterin said in one of his tweets that he is no longer a billionaire. Replying to a post of the Neoliberal Project about people analyzing tweets of Elon Musk and Jeff Bezos, Buterin wrote he appreciates them for responding to people, and not shouting their own stuff. He...

Managing Director of the International Monetary Fund, Kristalina Georgieva, finds that the collapse of Terra blockchain's UST stablecoin shouldn't be a reason to abandon the crypto market. At the World Economic Forum’s annual meeting, she advised not to draw out the importance of the crypto...

Legendary basketball player Earvin "Magic" Johnson announced the launch of his first NFT collection. He tweeted being excited to present some of his epic moments from his career to fans. I’m really excited to partner with @nbatopshot to release my first NFTs and bring some of my...

The governor of India's Central Bank, Shaktikanta Das mentioned the risks related to cryptos in an interview with CNBC-TV18. Pointing to the fall of crypto prices, Das said that Indian regulators have been cautioning against the sector previously. Recently, prices of cryptocurrencies dropped...

Fashion house Balenciaga will provide the possibility to make payments in cryptos, particularly in Bitcoin and Eth. The brand's flagship stores in LA, New York, and its online store will support the option. Earlier this month Balenciaga released its NFT collection on the NFT marketplace of...

DeFi architect Andre Cronje, who served as a technical advisor for the smart contract platform Fantom, may return to the industry. This March, Cronje together with Anthon Nell, whith whom they worked on various DeFi projects, announced leaving the industry. What makes suggest that the developer may...

According to the European Central Bank’s president, Christine Lagarde cryptos are based on nothing and must be regulated so that people won't put their life savings in the assets. A Bloomberg report says Lagarde told Dutch television in an interview that in the case of cryptos, there isn't an...

Terra blockchain ecosystem founder Do Kwon said he's heartbroken about the pain his invention caused the community. Kwon tweeted that in the past few days, he has held phone calls with Terra blockchain engineers, community members, employees, friends, and family that have been devastated by the...

Entrepreneur, the author of "Rich Dad, Poor Dad", Robert Kiyosaki finds that Bitcoin crashing is great news. A recent tweet by Kiyosaki says that he continues to wait for BTC to crash to $20,000. The entrepreneur mentioned then he would wait for the coin to drop to $17,000. Kiyosaki plans...

Norway’s Parliament said no to the proposal to prohibit energy-intensive crypto mining in the country. The proposal was made by Norway's political party Rødt (Red Party) in March. Rødt finds that it is better to use Norway's natural power sources for other purposes than crypto mining saying...

Users of the crypto exchange Coinbase were reporting difficulties while withdrawing holdings amid the significant fall in crypto prices. On May 12, Coinbase Support tweeted that the team is aware that some customers are having issues trading and using accounts on Coinbase and Coinbase Pro. The...

Terra announced officially halting at block 7607789 as UST continues to be below its peg and LUNA is 99% down. The tweet published by the company says that validators have stopped the network to build a plan to recover operations. The Terra blockchain has officially halted at block 7607789.Terra...

Sometimes it pays to leave your comfort zone and step into the Ice, and if possible, like the pure gold, let the burning furnace refine you. Why fear the Ice when the Fire can keep you warm? On 1xBit, all lovers of Hockey and beyond can now play the game of Ice on Fire; it is a new tournament where...

Entrepreneur Mark Cuban, who owns the basketball team Dallas Mavericks expressed his opinion about the current crypto market weakness. Currently, Bitcoin trades at around $29,000, and Ether hovers over $2,000. In the last 24 hours, the total crypto market cap fell by around 8% and now is $1.25...

The Shanghai High People's Court has mentioned that Bitcoin is a digital asset protected by Chinese law, adding that the coin has economic value. According to local media, the declaration was made in connection with a court hearing. A person called Cheng Mou filed a lawsuit demanding that another...

The Ministry of Finance (BMF) of Germany has updated its crypto policy. According to new rules, the sale of bought digital assets like bitcoin and eth won't be taxed if held longer than a year. It is the first time that Germany issues a nationwide uniform and instructions on cryptos. In addition to...

Prices of cryptocurrencies continue to decline. Bitcoin dropped below $28,000 and currently trades at around $27.900. The lowest price was around $26,350. Bitcoin's market cap stands at above $529 billion. Ether trades at around $1,880. The total crypto market cap decreased by over 13% in the last...