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News and Articles by Diana



Janet Yellen

The US to develop legislation for stablecoins

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Federal Reserve Chairman Jerome Powell this week announced the need to regulate digital currencies backed by fiat money. The appeal of the American regulator was heard at the Ministry of Finance. It became known yesterday that the country's financial department will create an expert group that will...

Malaysia

Malaysian police crush 1,069 bitcoin miners with a roller

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The police of the city of Miri (Malaysia) destroyed a batch of ASIC miners confiscated during the raids. On July 16, journalist Colin Wu reported that a video had been circulated in the Chinese cryptocurrency community showing the roller rolling over the devices. According to him, some members of...

Woori Bank

Another major Korean bank will work with cryptocurrencies

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Despite the increasing pressure on the cryptocurrency industry, South Korean businesses are still trying to gain a foothold in this market segment. One of the largest financial institutions in the country, Woori Bank, announced its intention to enter the crypto sphere at the end of last week. The...

Node

The number of bitcoin nodes in July reaches a new high

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There are currently more than 13,000 nodes available on the BTC network. Recall that the previous record was set in January. At that time, 11,613 nodes were available to users on the blockchain. On July 5, 13,374 nodes were recorded on the network. However, already in the middle of this month, the...

Jeffrey Gundlach

CEO of DoubleLine didn't rule out the fall of BTC to $23,000

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The position of skeptics among experts is strengthening. Many of them do not exclude that the largest digital currency will not be able to stay at current values ​​and will soon fall in price below $ 30,000. Moreover, some analysts predict that the BTC rate will only be able to stop at $ 10,000...

DeFC

DeFi Coin (DEFC): Live Trading on BitMart is Coming on July 19th!

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Decentralized finance is playing an increasingly important role in the crypto world. It is all the less surprising that DeFi projects are gaining ever greater popularity. One of these projects is called the DeFi Coins Protocol. After the successful listing on the Exchange Pancakeswap, another...

Kazakhstan

Kazakhstan was included in list of the largest BTC miners

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China's share in bitcoin hashrate began to decline long before the crackdown on miners began. Currently, the PRC is still ranked first in the ranking of countries in terms of the amount of computing power generated in the bitcoin network. However, the trend for the weakening of the share of the...

Michael Saylor

Michael Saylor doubts bitcoin can supplant the US dollar

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Michael Saylor, CEO of MicroStrategy, has recently been frequently commenting on the situation on the crypto market and around Bitcoin, in particular. His company is the largest public holder of BTC. Saylor said in the middle of this week that Bitcoin poses no threat to the US dollar. The CEO of...

Ethereum

Whales have gained biggest volume of ETH since spring 2017

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Large investors continue to show increased activity amid the weakening of the ether (ETH) rate. The altcoin is down to $ 1,900 today, and many observers agree that the coin will find the bottom somewhere around $ 1,700. Whales, on the other hand, take advantage of the panic sell-off of ether on the...

FED head

FED head pointed out the need to regulate stablecoins

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Jerome Powell, head of the US Federal Reserve System, has previously criticized cryptocurrencies on numerous occasions. In his opinion, such instruments create great risks for investors. Even if bitcoin can push gold into the background, then this asset does not pose any threat to the dollar,...

Jihan Wu

Bitmain ex-head praised PRC for adding control over crypto

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According to the former CEO of Bitmain, Jihan Wu, strengthening control over the cryptocurrency industry will positively affect the development of this market segment. He expressed his point of view at the Asia Tech x Singapore conference. Cryptocurrency market capitalization has already exceeded $...

Bitcoin

Traders began to withdraw BTC from the end of May

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Glassnode analysts drew attention to the changing tactics of users of cryptocurrency exchanges. At the beginning of the week, it became known that bitcoin miners are reducing the sale of coins and moving on to accumulating them. Now experts said that, on average, exchange users send up to 2,000 BTC...

Certik

Smart contracts auditor CertiK raised $ 37M in investments

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Security audit-focused smart contract startup CertiK raised $ 37M in a Series B funding round led by hedge fund Coatue Management and venture capital firm Shunwei Capital. Bitcoin exchange venture Coinbase has also joined the lead investors. Since its founding in 2018, the startup has raised about...

BlackRock

BlackRock noted the minimal interest of clients in cryptos

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Larry Fink, CEO of the BlackRock asset manager, said that he sees little demand for cryptocurrencies among the company's clients. Fink noted that in the past two weeks, BlackRock customers have not been at all interested in Bitcoin and other digital assets. Although previously there was demand, he...

Connext

Connext raises $12 million from ConsenSys

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Focused on blockchain interoperability, Connext has raised $ 12 million from 1kx and ConsenSys-affiliated Mesh. Funding was provided by 82 investors. Among them: Coinbase Ventures, OkEx Ventures, eGirl Capital, Hashed, as well as various business angels, including André Cronier from yEarn.Finance...

Bit digita

Nasdaq-listed Bit Digital mined 562 BTC in Q2

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In the Q2 of 2021, Nasdaq-listed Bit Digital generated 562.9 BTC, according to its income statement. That is less than in the previous reporting period due to the migration of computing power from China. According to the press release, on June 21, Bit Digital halted operations in China and...

FTX

FTX didn't exclude purchases of Goldman Sachs or CME Group

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Bitcoin exchange FTX may consider acquiring the US mainstream financial giants once it overtakes rivals Coinbase and Binance. Its CEO Sam Bankman-Fried said this in an interview. “If we are the largest exchange, the purchase of Goldman Sachs and the CME Group is not ruled out at all,” he said....

Euro2020

UEFA digitizes Euro 2020 top scorers on blockchain

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The Union of European Football Associations (UEFA) has released digital copies of the 2020 UEFA European Football Championship top scorers awards on the AntChain blockchain. Awards are given to the players who have scored the most goals in a tournament. The first three places in the ranking were...

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