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News and Articles by Diana



Digital Dollar

Novogratz: "US must quicken development of digital dollar"

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Galaxy Digital CEO Mike Novogratz is known for more than just Bitcoin. He has also previously called on the US government to accelerate the development of a digital version of the dollar and introduce crypto regulation. The billionaire once again expressed his position at the end of this week. He...

Fidelity

Fidelity believes institutional adoption of BTC will proceed

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In the coming years, we will see institutional adoption of Bitcoin (BTC) go mainstream. This point of view is shared by Tom Jessop of Fidelity. The top manager is confident that the majority of large investors are already changing their attitude towards BTC and other digital currencies. Changing...

Japan

Japan urges regulators to form a unified legal core for CBDC

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Japan is on the list of those states whose central banks plan to issue national cryptos (CBDC) in the coming years. In early April, the Bank of Japan launched the first round of digital yen testing. It will end by early March 2022. During the second stage of testing, the regulator plans to involve...

Kraken

Kraken will try to attract investments in the stock market

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Coinbase plans to list on the Nasdaq this month. Before entering the market, the crypto company reported very good financial performance. As the CNBC channel clarifies, a company representing the cryptocurrency industry may soon enter the stock market. Kraken CEO Jesse Powell spoke about plans to...

Playboy

Playboy will list archived photos as NFT for sale

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American men's magazine Playboy will auction a collection of photographs in non-fungible token format (NFT). Bidding will take place at the Nifty Gateway marketplace. The first lot will include a collection of works by artist Mike Parisella, based on archival images from Playboy magazine. In June...

Krona

Sweden has ended the 1st stage of testing the digital krona

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Sweden is on the list of those states that want to launch a national digital currency (CBDC) soon. The kingdom's central bank announced this week that the first phase of testing the digital krona has been completed successfully. During the tests, experts from the Central Bank discovered several...

Goldman Sachs

Goldman Sachs predicted evolution of the crypto market

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The current regulation of the cryptocurrency industry limits the ability of banks to work with digital assets, but this will change over time. This was announced by the CEO of the investment bank Goldman Sachs David Solomon on the air of CNBC. According to him, the crypto market will continue to...

Changpeng Zhao

Binance CEO stores almost 100% of assets in cryptocurrency

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The head of the Binance cryptocurrency exchange, Changpeng Zhao, holds almost 100% of his assets in cryptocurrency. “I'm one of those guys who value ​​liquidity much more than owning something. I prefer not to own anything at all,” Zhao said in an interview on Wednesday, April 7th. When...

Hashrate

Bitcoin hashrate has updated its all-time high

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The total amount of computing power in the network of the first cryptocurrency reached a record high of 179.4 EH/s. On April 2, a recalculation of the difficulty of bitcoin mining took place - the indicator increased by 5.82%, reaching a record 23.14 T. Ethan Vera, CTO of the Luxor mining pool,...

NFT

A couple exchanged NFT tokens instead of wedding rings

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Newlyweds Rebecca Rose and Peter Kacherginsky from the United States have found a non-trivial way to tie the knot. Instead of wedding rings, they used something more secure - non-fungible tokens (NFT), which are tied to their blockchain accounts. The wedding began as a traditional Jewish ceremony,...

BTC

March is a record month for BTC futures and options trading

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The cryptocurrency derivatives market continues to expand, as evidenced by the sharp rise in the volume of Bitcoin futures and options trading. In a report from the Block Research team, March turned out to be a record month in terms of the activity of institutional investors interested in...

DeFi

The volume of assets blocked in DeFi-protocols reaches $100B

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The total value of frozen assets in the decentralized finance sector exceeded $ 100 billion for the first time. DeFi protocols on the Ethereum blockchain account for about 80% of the volume, projects on the Binance Smart Chain (BSC) network - about 15%. The leader in the rating is Compound with an...

Akon

Rapper Akon will create the second "crypto city" in Africa

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American rapper Aliam Damala Badara Akon Thiam, better known as Akon, will build a second "crypto city" named after him in Uganda. The authorities of this East African country have allocated a land plot of one square meter for the project. mile (~ 2.6 sq. km). The estimated costs were not...

Marathon

Marathon increases Bitcoin reserves to 5134 coins

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In the Q1 of 2021, the American mining company Marathon Digital Holdings mined 196 BTC. The total assets of the firm in the first cryptocurrency reached 5134.2 BTC worth about $ 301 million. In January, Marathon allocated $ 150 million from reserves for the purchase of the first crypto. The company...

Ebang

Chinese mining giant Ebang launches crypto exchange

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Ebang, a major Chinese manufacturer of mining equipment, has launched the Ebonex.io cryptocurrency exchange. Ebonex.io offers both spot and margin trading services and allows only qualified investors to interact with digital assets. Since mid-March 2021, the exchange has been operating in a test...

Litecoin

CoinShares launches Litecoin ETP

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Digital asset manager CoinShares has announced the launch of an Exchange Traded Product (ETP) based on Litecoin (LTC) with physical backing in cryptocurrency. This was reported in a press release from the firm. Each CoinShares Physical Litecoin (LITE) share is backed by 0.2 LTC upon release. It...

NFT

Average NFT price has fallen threefold from peak in February

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The average price of non-fungible tokens (NFT) is down 67% from its February peak. Such dynamics may indicate a decline in the NFT mania. Chris Wilmer, an academic at the University of Pittsburgh and co-editor of the blockchain research journal, told the publication that the technology of...

Trading volume

Trading volume on decentralized exchanges fell 8% in March

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March turned out to be a less successful month for decentralized cryptocurrency exchanges (DEX) compared to February. Over the past 30 days, the number of transactions on such trading floors amounted to $ 67.32 billion. Compared to the previous month, the trading volumes fell by about 8.12%. The...

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