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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 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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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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