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News and Articles by Diana



BitMex

Former BitMEX executive agreed to extradition to the US

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Bermuda-based ex-director of business development at BitMEX Gregory Dwyer agreed to extradition to the United States to face trial. In October 2020, the US Department of Justice indicted the exchange's co-founders Arthur Hayes, Ben Delo, Samuel Reid, and Dwyer for violating the Bank Secrecy Act....

Coinbase

Coinbase has applied to register as a futures intermediary

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Bitcoin exchange Coinbase has applied NFA to register as a futures commission merchant (FCM). In the long term, the step will allow the company to obtain a CFTC license. In the United States, companies wishing to offer derivatives to clients must obtain a CFTC license. To do this, they usually need...

Hedge Fund

Cryptocurrency hedge fund profits soar nearly 25%

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August turned out to be a good month for hedge funds targeting the cryptocurrency market. According to Eurekahedge, the profit of such financial structures increased by about 25%. Moreover, in terms of profitability, cryptocurrency hedge funds have bypassed their competitors, who prefer to stay in...

Ethereum

Over 2.5M addresses have registered on Ethereum since May

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More than 2.5 million new addresses have registered on the Ethereum blockchain since the beginning of May 2021. The researchers also paid attention to the growth of the bitcoin network. They found that the largest number of new wallets appeared in January-April. During this period, the number of...

El Salvador

Special tax regime will be created for BTC investors in El Salvador

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El Salvador's authorities are considering options to ease the tax regime for all cryptocurrency investors. Bitcoin holders will be exempt from income tax even if they make large profits from trading with this asset. Javier Argueta, who holds the post of legal adviser to Salvadoran President Nayib...

ADA

After the Alozno fork, ADA's price fell by 10%

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Even though today, on September 13, many digital assets showed a noticeable price drop, few could have assumed that the same fate awaited the Carnado project cryptocurrency - ADA. The news of the successful completion of the update, dubbed "Alonzo", caused many positive forecasts for the...

Bitcoin

Almost 30% of Americans support Bitcoin's legal tender

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A recent poll by analytics platform YouGov found that nearly 30% of respondents support the government's desire to recognize BTC as legal tender. It is worth noting that the largest percentage of supporters of the innovation falls on the Democrats. Republicans, in turn, continue to have a negative...

Trippy Bunny

Trippy Bunny donates all income to a suicide prevention fund

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The NFT-project Trippy Bunny, operating based on the Solana platform, donates 100% of its income to the American Suicide Prevention Foundation. As of today, the site for the sale of non-financial tokens has donated over $ 220,000 to charity. The statement, in which the developers of Trippy Bunny...

Pompliano

Anthony Pompliano admits he underestimated the NFT sector

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Anthony Pompliano, the co-founder of venture capital firm Morgan Creek Digital, admitted that the non-fungible token (NFT) sector is going to be much larger than he expected. He noted the rise in popularity of NFT, pointing out that token sales hit a record high in the second quarter of 2021....

BIS

BIS top manager believes that CBs need to quicken launch of CBDCs

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The Bank for International Settlements (BIS) management supports central banks' plans to create national digital currencies (CBDCs). Back in June, this financial institution published a report stating that the appearance of the token would accelerate the modernization of the entire payment...

BancoAgricola

Bank of El Salvador has found a partner to process BTC transactions

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Bancoagrícola, one of the largest banking institutions in El Salvador, will provide a service for processing bitcoin transactions. Recall that in this Latin American country a law came into force this week recognizing bitcoin as a legal tender. Bancoagrícola’s management is going to partner...

Whales

Whales accumulate more than 21% of the Ethereum

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Ether (ETH) is gradually recovering its position after a strong fall in the middle of this week. On Friday, September 10, the altcoin price is approaching $ 3,500. ETH capitalization in seven days decreased by almost 10% to $ 402.501 billion. In a review by the Santiment team, the largest Ethereum...

Fraud

The creator of the $30M fraudulent crypto scheme pleaded guilty

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Ohio resident Michael Ackerman, who led the company Q3 Trading Club, confessed to a crypto fraud of $30 million, according to the US Department of Justice. According to the indictment, since 2017, Ackerman has raised funds for his trading company. He claimed that the algorithm he developed would...

SEC

SEC shifts the timeline for making decision about a Bitcoin ETF

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The deadline for deciding on VanEck's application for the launch of the bitcoin-ETF exchange-traded crypto fund has been shifted to November 14. The corresponding statement was published in the middle of the week by the press service of the US SEC. The regulator did not voice any additional...

Hoskinson

Hoskinson: El Salvador accelerates global adoption of BTC

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The leader of the Cardano development team, Charles Hoskinson, believes El Salvador has launched the process of mass adoption of bitcoin around the world. Following this Latin American state, other countries will follow suit. The legalization of BTC strengthens the position of those experts and...

Bitcoin

Experts link drop in BTC with rising of gold and USD prices

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Experts were able to find the reason why the BTC fell below $ 50,000 after analyzing the rate of the most popular assets among investors. Thus, financial market experts concluded that the fall in the value of the leading digital asset is associated with the strengthening of gold and the US dollar....

Robinhood

Robinhood launched a recurrent crypto investment service

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Online broker Robinhood has launched a service that automates investments in digital assets at regular intervals. Possible options include a day, a week, once every two weeks, and a month. The service cost is $ 1. Until the end of September, it will become available to all users, except for...

xt.com

Grand Opening of XT.COM's 3rd Anniversary Celebration

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3-Year Growth Victoria Mahe, Seychelles--(Newsfile Corp. - September 8, 2021) - XT.COM is pleased to announce the grand opening of the Company’s 3rd Anniversary Celebration. The first BTC-KLine in XT.COM was released on 25th September 2018 and with over 4 millions registered users today, XT.COM...

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