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News and Articles by Diana



Buterin

Buterin urged Terra to focus on compensation to small investors

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The recovery plan for lost funds due to the collapse of the Terra project should give priority to holders of small amounts. This opinion was expressed by Ethereum co-founder Vitalik Buterin. On May 8, the algorithmic stablecoin TerraUSD (UST) lost its peg to the US dollar. This happened against the...

Yellow Network

Yellow Spoon Capital and Yellow Network Announce Growth Strategic Partnership

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Yellow Spoon Capital will bring Yellow Network the support and visibility in the French crypto market. Yellow, a blockchain product and infrastructure company, and Yellow Spoon Capital, venture capital with a French origin and a special focus on crypto marketing and growth hacking, are delighted to...

Binance

Binance Seizes $5.8M in Crypto Assets Related to Ronin Hack from Hackers

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Bitcoin exchange Binance returned part of the $5.8 million worth of Axie Infinity assets stolen by hackers, CEO Changpeng Zhao said. On March 23rd, unidentified individuals hacked the Ronin Ethereum sidechain and withdrew approximately $625 million in ETH and USDC. The incident became known six...

Commerzbank

Commerzbank applied for a crypto custodian license in Germany

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One of the largest banking concerns in Germany, Commerzbank, has sent an application to BaFin for a license for a cryptocurrency custodian. Börsen-Zeitung writes about this concerning a representative of a credit institution. According to the announcement, if approved, Commerzbank will also be...

1xbit

Terra’s Leading Altcoins Now Available on 1xBit

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Known for its advanced security, anonymity, and privacy, Luna and TerraUSD (UST) is the latest addition to 1xBit cryptocurrencies. Online casino players can use the new crypto coin for 1xBit deposits and enjoy instant, convenient, and easy transactions around the clock. Differences Between Terra,...

Coinbase

Coinbase Announces Testing of Its Own NFT Platform

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The largest cryptocurrency exchange in the United States, Coinbase, has announced the start of beta testing of its own NFT platform. As of today, it is known that more than 8M users who have already pre-registered are waiting for the launch of a platform for trading non-fungible tokens. Coinbase...

Tesla

Tesla's BTC reserves have not changed and are estimated at $1.26B

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Electric car maker Tesla released financial statements last Wednesday. It follows from it that the company's reserves in bitcoin for the second quarter in a row did not change and amounted to $1.26 billion. Recall that in February last year, Tesla announced its investment in BTC. The giant sent...

GT

Why is GT (GateToken) worth watching?

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GateToken is the official and native token on the GateChain Mainnet of the Gate.io ecosystem. Formally launched on 02 March 2020 as Gate.io’s official exchange token, the GateToken has since remained an important part of the Gate.io ecosystem, totally depending on Gate.io with its development...

Ireland

Irish authorities ban political donations in cryptocurrency

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A new law in Ireland will ban all types of political donations in the form of cryptocurrencies. The government fears that this form of political financing undermines the country's sovereignty and makes it easier for outside interference in its internal affairs. The law was initiated by Minister...

Bitcoin exchange balance

Bitcoin exchange balance decreased by 5% in 2022

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According to the Glassnode platform, the number of bitcoins on exchanges is now at its lowest level since August 2018. The decrease in the BTC exchange balance is observed against the backdrop of a decrease in the value of the cryptocurrency. On Tuesday, April 19, Bitcoin is trading at $40,732. In...

Central bank

Former head of the CB of China didn't see threats to SWIFT in digital yuan

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The digital yuan is primarily intended for the public and merchants, not to replace SWIFT or weaponize the currency. This was stated by the former head of the People's Bank of China Zhou Xiaochuan. The expert emphasized that e-CNY is not necessarily suitable for cross-border payments. For such...

Hyundai

Hyundai will release a limited collection of NFT

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South Korean automaker Hyundai has announced a collaboration with the Meta Kongz project to create a limited collection of 30 non-fungible tokens. The issue is dedicated to the company's first compact car, the Pony. It is expected to take place in May. In an animated teaser, Hyundai showed a model...

Metamask

MetaMask warned Apple users about the risk of losing funds

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The MetaMask team has warned non-custodial wallet users about the risks of storing data in Apple iCloud due to possible phishing attacks. “If you have enabled iCloud backup of app data, it includes password-protected MetaMask storage. If it's not secure enough and someone phishes your data from...

Institutional investors

Institutionalists follow an accumulative strategy

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The increasing interest of institutional investors in bitcoin is evidenced by data on the reduction of the cryptocurrency exchange balance. CryptoQuant analysts estimate that the recent transfer of 30,000 BTC from the Coinbase platform to offline storage confirms the commitment of the big players...

Gemini

Gemini Exchange Launches Crypto Credit Card

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Crypto credit cards developed by the Gemini exchange became available to American users. The company has released a new product in partnership with WebBank and MasterCard payment system. The card is available to residents of 50 states, and Gemini announced its intention to develop such a product...

Amazon

Amazon has no plans to launch cryptocurrency payments yet

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Last year, some media began to spread information that the online retailer Amazon allegedly plans to start accepting cryptocurrency when paying for goods and services. However, soon the press service of the giant called these messages fakes. CEO Andy Jassi reiterated in an interview this week that...

Easter Bunny

Easter Bunny’s Adventure Slot Tournament

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On 17 April, we celebrate our favourite spring holiday - Easter. The festivities start early on 1xBit as we have prepared something extraordinary this year for all of you. With Easter Bunny’s Adventure, you will have the chance to go on an egg hunt and search for various gifts hidden all around...

Uniswap

Investors accuse Uniswap Labs of violating securities laws

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A group of US investors led by Nessa Risley filed a class-action lawsuit against Uniswap Labs. They accused the developer of the popular DEX of non-compliance with securities laws, resulting in losses. In addition to the company, the plaintiffs also mentioned its founder Hayden Adams and investors...

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