News and Articles by Anahit

Gary Gensler, the Chairman of the US SEC says there isn’t any reason to treat the cryptocurrency market in a different way than other capital markets only because it relies on different technology. According to the Wall Street Journal, Gensler mentioned the importance of investor protection,...

Crypto exchange ByBit released a report on the Solana blockchain and its growth in the second quarter of this year. The report says although Solana saw major challenges, including two outages, the network upgrades in late Q2 have shown notable improvements related to speed and reliability. In Q2...

Popular DEX and automated market maker Uniswap has blocked over 250 addresses saying they were related to the sanctioned crypto mixer Tornado Cash or to stolen funds. Yearn.Finance developer Banteg tweeted that 30 of the addresses have a related Ethereum Name Service ID, and they are supposedly...

The Australian government is developing regulations for the cryptocurrency sector. Treasurer Jim Chalmers announced that soon the country will introduce a public advisory paper on the subject. The framework called "token mapping" will be a priority to figure out which cryptos are used in...

On August 19, The Federal Deposit Insurance Corporation of the US released cautionary letters to 5 entities, and individuals saying they've made false and deceptive descriptions about digital asset products and the agency. The firms receiving such letters are FTX US, Cryptonews.com, Cryptosec.info,...

Prices of cryptocurrencies started to decline again after a market rise for several days. In the last 7 days, Bitcoin dropped by 13.5% and now trades at around $21,200. Ether fell by 17% and trades at around $1,600. Global financial markets are unstable amid the growing inflation over the world. A...

Ethereum co-founder Vitalik Buterin replied to a tweet by Bankless founder David Hoffman about the new crypto regulatory changes in Canada. The rules define that investors are allowed to buy an unlimited amount of Bitcoin, Ether, Litecoin, and Bitcoin Cash. However, there is a $20,000 limit for...

On The Run (OTR) petrol stations partners with the crypto exchange company Crypto.com and payment terminal provider DataMesh Group to offer customers the opportunity to pay in cryptos. Due to the partnership, customers can pay directly in-store for everyday goods through the Crypto.com application...

New research by the intelligence platform Blockdata shows that from Sept. 2021 to mid-June 2022, crypto startups received investments from forty public companies. Together investments reached $6 bln. Based on the analysis, Google is the number one by the amount invested in blockchain/crypto. The...

Blockchain data platform Chainalyis released an update on the mid-year crypto crime. According to data, illicit activities fall and notable expectations are predicted. Chainalyis says 2022 has been a significant year for the crypto industry, with essential price declines across all digital assets...

Inc. 5000 magazine, which introduces the fastest growing companies in the United States, released its 2022 edition. Companies on the list are ranked according to percentage revenue growth from 2018 to 2021. To be on the list, companies must have been founded and generating revenue by March 31,...

Crypto platform Celsius got approval from a U.S bankruptcy judge to mine and sell bitcoins. According to the court document, mining is one of the main operations of Celsius, which Debtor subsidiary Celsius Mining LLC is among the largest crypto mining firms in the US. The release also noted the...

BitGo, a crypto company based in California is going to sue investment manager Galaxy Digital for calling off a $1.2 bln purchase deal. Galaxy says the reason for the step is that BitGo didn’t present audited financial reports for 2021 that meet the demands of the deal. The company added they...

In the latest Crypto Banter episode, the Director of Global Macro at Fidelity Investments, Jurrien Timmer said he believes stablecoins pegged to the dollar will increase the adoption of Bitcoin. According to Timmer, if stablecoins are regulated, and there aren't negative headlines that we had seen,...

The US Federal Reserve issued guidelines for evaluating account and services requests. On Monday, the Central Banks announced that its Board of Directors established a three-tiered review framework to provide additional clarity considering due diligence and scrutiny. Fed says there are different...

London-based financial technology Revolut received approval from the Cyprus Securities and Exchange Commission to provide cryptocurrency services in the European Economic Area (EEA). The regulator awarded Revolut the status of a crypto-asset service provider. It's the first such license granted by...

In the last 24 hours, the price of the memecoin Shiba INU grew by around 25%. Currently, SHIB trades at around $0.00001572. It got ahead of Avalanche (AVAX) in terms of market cap and now is the 12th largest crypto with over $8.5 billion. The Shib ecosystem is expanding, with the game called Shiba...

Financier, the CEO of global investment company SkyBridge, Anthony Scarmucci is optimistic about the future of the crypto industry. In a recent interview with CNBC, he mentioned the progress in crypto, such as the improvement of the Lightning Network, the increase of applications, the ease of...