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News and Articles by Anahit

Justin Sun Tron Ambassador

Justin Sun Is WTO Ambassador for Grenada, Tron Becomes More Decentralized


The founder of the crypto platform Tron, Justin Sun announced that he had received the invitation to become the Ambassador of the Grenadian Government to the World Trade Organization in Geneva, Switzerland. I have accepted the invitation and appointment of the Grenadian Gov. to officially serve as...

Russia Central Bank crypto

Russia's Central Bank Considers Banning Crypto Investments


Russia’s Central Bank considers forbidding crypto investments, two financial market sources standing close to the institution told Reuters. As the report informs, the regulator assumes that an increasing number of crypto transactions presents risks to financial stability. In 2020, Russia gave...

Tether stablecoin

Tether USDT Supply on Exchanges Is the Highest in 6 Months


Data from blockchain analytics platform, Santiment show that the supply of the stablecoin Tether (USDT) on exchanges reached its 6-month high. Since mid-June, the amount went up by 22.5% and currently stands at around $8.99 billion. The analysis indicates that there is a high interest in buying...

Melania Trump NFTs

Melania Trump Released an NFT and Blockchain Tech Venture


Melania Trump, the former first lady of the US, presented her NFT platform As the office of Melania Trump said, the platform will introduce NFTs regularly. It uses the Solana blockchain and is powered by social networking service Parler. Users can make purchases with Solana's...

Nansen fundraising

Blockchain Analytics Firm Nansen Raised $75 Million


On-chain data provider startup Nansen announced raising $75 M in Series B. The round was led by the venture capital firm Accel. Among the participants were GIC, Andreessen Horowitz, Tiger Global, and a subsidiary of Siam Commercial Bank (SCB), SCB 10X. We’re excited to announce that Nansen has...

Binance Indonesia crypto

Binance and Indonesian Telecom to Launch a Crypto Platform


Binance collaborates with Telekomunikasi Indonesia Tbk (Telkom Group), the largest telecommunication network in Indonesia to release a crypto exchange. Telkom is a state owned enterprise, with 52.09% of its shares belonging to the government. Binance has built a joint venture together with a...

BTrust Jay-Z and Jack Dorsey

Jack Dorsey Revealed Who ₿trust Board Members Are


Block CEO Jack Dorsey revealed who the selected members of the ₿trust Board are. ₿trust is a BTC endowment. Dorsey and famous rapper Jay-Z started the program to support BTC development in India and Africa. Dorsey and Jay-Z contributed 500 Bitcoins to the initiative. The aim of ₿trust is to...

Reddit IPO news

Reddit Applied for an Initial Public Offering


Social news and discussion website Reddit announced filing for an Initial Public Offering (IPO) of its common stock with the US SEC. As the company mentioned in a tweet, the number of shares and the price aren't determined yet. The IPO is supposed to be held after the SEC's review, subject market,...

Badger DAO Improvement Proposal

Badger DAO to Recover Funds After a Hack


DeFi protocol Badger DAO was hacked on December 2, and attackers managed to access funds worth around $130 Million. The team announced that smart contracts were paused to disallow further withdrawals while they were investigating the hack. On December 10, Badger announced the process of Return...

Avalanche Circle usdc

Circle's USDC Stablecoin Now Also Operates on Avalanche


Peer-to-peer payments technology Circle revealed that its stablecoin USDC started operating on the smart contracts protocol Avalanche. Released in 2018 on Ethereum, USDC is the second-largest stablecoin after Tether and the 7th largest crypto. The coin has a market capitalization of over $41.7 bln....

Mike Novogratz Bitcoin DeFi NFTs

Mike Novogratz Predicts the BTC Price and the Future of DeFi


In a recent interview with Bloomberg, the CEO of crypto-focused investment firm Galaxy Digital, Mike Novogratz talked about cryptocurrencies, NFTs, DeFi, the policy of the US Federal Reserve System, and what developments he expects. The businessman finds the lowest level that Bitcoin may fall is...

US congress stablecoins hearing

Stablecoins Hearing Held at the US Congress


The Senate Banking Committee discussed the sector of stablecoins in a recent hearing. Subjects of regulations and whether the assets are good for the economy or can lead to a financial crisis were raised. Four witnesses testified: director of financial policy at Open Markets, Alexis Goldstein,...

crypto regulation Bank of England

Bank of England Mentioned the Benefits and Risks of Crypto


The United Kingdom’s Central Bank released a Financial Stability Report, where it mentioned the rapid evolution of the crypto industry. The regulator said that domestic and global regulations must cooperate to control the risks of the fast-evolving market of cryptocurrencies. The Financial Policy...

Cardano Ethereum converter

Cardano's Ehereum Converter Is Launched on the Testnet


Input-Output Hong Kong (IOHK) revealed the launch of testnet which allows tokens built on top of Ethereum to come to Cardano’s environment. For this purpose, Cardano collaborates with the decentralized AI protocol SingularityNET and its native crypto asset AGIX. SingularityNET allows creating,...

Elon Musk Dogecoin Bitcoin

Elon Musk Mentioned Advantages of Bitcoin and Dogecoin


Business magnate, the person of 2021 by Time magazine, Elon Musk talked about crypto, in particular Bitcoin and Dogecoin, pointing out their advantages and use cases. Musk was a co-founder of digital payments company PayPal and says the nature of money is one of the things that is possible to...

Crypto market December

Despite the Drop, Bitcoin Still Is 2x Up From 2020


Over the last day, the crypto market cap dropped by over 5%. Currently, it stands at around $2.13 trillion. Prices of most cryptocurrencies have seen significant losses in the last 7 days. The lowest price of Bitcoin in the last 24 hours, was $45,894.85 according to CoinMarketCap. In that...

Tether Myanmar NUG

Myanmar’s Shadow Government Makes Tether Official Currency


Myanmar’s National Unity Government accepted the largest stablecoin Tether (USDT) for internal use. The Burmese government in exile was formed in 2021, by those who are against the current regime and support the arrested Aung San Suu Kyi, who previously was State Counsellor of Myanmar. NUG...

BBVA Switzerland crypto

Major European Bank BBVA Adds Ethereum Services


Leading international bank BBVA (Banco Bilbao Vizcaya Argentaria) unveiled it has expanded its crypto services. The Swiss franchise of the bank now allows customers operations with Ethereum. BBVA Switzerland presented BTC trading and custody service this June, and revealed intentions to introduce...

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