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News and Articles by Diana



GetBlock.net

Meet GetBlock.net: the first AML multichain explorer

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Explorer is one of the most important tools for crypto enthusiasts. It can be used to check the status of transactions and obtain data about crypto wallets. Previously, the crypto community members had to use several sites at once to access all the necessary tools to control transactions and verify...

metamask

Vulnerability found in older versions of the MetaMask wallet

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Security researchers at Halborn have discovered a vulnerability in most browser wallets, including MetaMask. The problem affects a small segment of users. Experts have uncovered a case where, under certain conditions, the secret recovery phrase used by web wallets could be extracted from the disk...

Skybridge

SkyBridge Capital fund increased capital investment in BTC and ETH

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SkyBridge Capital founder Anthony Scaramucci said in April that his fund invests the lion's share of its capital in cryptocurrencies. This week, the financier admitted on CNBC that SkyBridge Capital took advantage of the fall in the crypto market and increased reserves in bitcoin and ether....

Novogratz

Mike Novogratz Thinks Bitcoin Can Hold Above $20,000

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Many experts look at the $20,000 mark as an important psychological level for bitcoin. For example, Arthur Hayes, the founder of the BitMEX exchange, tweeted earlier this week that if BTC falls below $20,000, then we are in for a deeper dive into the leading digital currency. Galaxy Digital CEO...

Hayes

Arthur Hayes does not rule out a stronger fall in BTC and ETH

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Arthur Hayes, the founder of the BitMEX crypto exchange, fears that the market has not found a bottom yet, and we are in for a deeper dive. The day before, he posted a post on Twitter in which he predicted a new phase of the weakening of bitcoin and ether. If the leading digital currencies fall...

BlockFi

BlockFi to lay off one-fifth of staff

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BlockFi announced a staff cut of more than 850 employees by about 20%. The founders of the company, Zack Prince and Flory Marquez, noted that since the first quarter of 2022, the macroeconomic environment has changed dramatically and there has been a decline in the stock and cryptocurrency markets....

Crypto market

Capitalization of the crypto market fell to the levels of January 2021

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Amid a sharp decline in the prices of most cryptocurrencies, the total market capitalization fell below the $1 trillion mark. The chart below shows that the current value of $953 billion is comparable to the levels at the end of January 2021. On the night of June 14, the indicator fell below the...

Bitcoin

Bitcoin hashrate sets new record

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The fall in the cost of bitcoin did not scare the miners, they have been increasing their capacity over the past few days. On June 12, the BTC hashrate hit 231,428 exahash per second (EH/s), a new record in the history of the cryptocurrency. The lion's share of bitcoin power is generated by miners...

Celsius

The price of Celsius fell by 50% amid the suspension of withdrawals

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Crypto lending platform Celsius has suspended withdrawals, exchanges, and transfers between accounts “due to extreme market conditions.” The project token reacted with a fall. “We understand this is unfortunate news, but we believe that our decision to suspend withdrawals, exchanges, and...

USDD

USDD briefly lost its peg to the US dollar

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On Monday, June 13, Tron's algorithmic stablecoin USDD briefly lost its peg to the US dollar and dropped to $0.97. Half-hour USDD/USD chart of the Poloniex exchange. Data: Trading View. The decoupling occurred against the background of the collapse of the cryptocurrency market. At the time of...

Binance

Binance spoke about initiatives to help Ukraine

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Binance reported on its initiatives to help Ukrainian residents affected by the war. Binance representatives said that from April 26 to June 10, almost 70,000 people issued a cryptocurrency Binance Refugee Card. To receive financial support through it, users must contact non-profit partner...

VanEck

CEO VanEck Predicts Bitcoin Growth to $250,000

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Jan Van Eck, CEO of VanEck Asset Manager, in an interview with Barrons, predicted the price of the first cryptocurrency to rise to $250,000. “But that could take decades. It is difficult to set a time frame for this,” he added. According to Van Eck, bitcoin has a bright future and has to reach...

Texas

Bitcoin miners in Texas have limited power consumption

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In June, high temperatures in Texas led to record levels of energy consumption and impacted local bitcoin miners. On June 9, electricity demand in the state peaked at 75,437 MW, according to the state's main utility ERCOT. Many Texas-based miners have entered into agreements with the provider to...

Investing

5 Easy Ways To Pick Which Cryptocurrency To Invest In

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Globally, the desire to invest in different cryptocurrency coins has increased. The trigger for this is the rise in the value of Bitcoin, Ethereum and other cryptocurrency coins - coins which were bought at meager sums at the time, and have now turned a number of people into millionaires. Everyone...

US Treasury

The US Treasury opposes investing pension savings in bitcoin

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According to US Treasury Secretary Janet Yellen, it is extremely risky to invest pension savings in digital currencies. These are very volatile instruments, so Congress needs to take action. Yellen has repeatedly criticized virtual currencies in the past. According to her, such tools are used by...

Osmosis

The Osmosis team announced the timing of the restoration of the platform

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It will take “at least two days” to restore the operation of the Osmosis blockchain platform, which has been unable to process transactions for a day due to an exploit. Users will be reimbursed for lost funds, the project team said. On May 8, the blockchain suspended block production due to a...

Bitcoin

The Asian session started with a slight strengthening of bitcoin

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The Asian trading session on Thursday, June 9 started with a slight increase in the main indicators of business activity. Cryptocurrencies have also attracted capital, and bitcoin bounced back minimally. At the time of publication of this review, BTC was trading at $30,256. Altcoins are trading in...

Starling bank

The head of Starling Bank called cryptos a threat to payment systems

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Digital currencies pose a security threat to the global payment infrastructure. This was stated by the founder and CEO of the British neobank Starling Bank Ann Boden. During the Money 20/20 fintech conference in Amsterdam, the organization’s CEO noted that many cryptocurrency wallets are...

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