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News and Articles by Diana


Ethereum trades drop to lowest since January 2021


The largest altcoin ether (ETH) is moderately gaining in value this week. On the night of Thursday, July 8, the cryptocurrency rose to $ 2350. In 24 hours, the capitalization of ETH increased by 3% to $ 274.374 billion. Network activity grew slightly, but the number of transactions on Ethereum, on...


Cardano Foundation presented a development plan for 5 years


By 2026, at least three Fortune 500 companies will use the Cardano cryptocurrency (ADA), and 50 banks will partner with the Cardano Foundation. This was told by the head of the non-profit organization Frederick Gregaard. According to Gregaard’s presentation, as part of its short-term development...


Binance replied to Barclays decision to ban withdrawals


Earlier this week, it became known that a large British bank, Barclays, prohibited its clients from sending funds to the Binance cryptocurrency exchange. The financial giant said this decision was prompted by its desire to protect investors from fraudsters. The administration of the Binance...


Bybit will add verification procedure for withdrawal of BTC


The Bybit cryptocurrency exchange will require corporate clients and individuals to undergo KYC procedures to withdraw bitcoins. According to the information on the website, the measure was implemented to “increase security requirements for all traders.” Companies are required to provide a list...

Hard fork

Developer offered a block number to start the London hard fork


Ethereum developer Tim Beiko initiated a proposal to activate the London hard fork on the main network of the second-largest cryptocurrency by capitalization on block # 12965000, expected on August 4. Co-founder of the EthHub research platform Anthony Sassano emphasized that the final decision...

Crypto trading

Analysts pay attention to weakening of crypto trader activity


Compared to May, in June 2021, the activity of users of cryptocurrency exchanges has significantly decreased. According to the Block Research team, the volume of trading in digital currencies last month was $ 958.3 billion. Compared to May, this figure fell by about 56%, the researchers note....

Beverly Hills

Beverly Hills mansion is for sale with BTC payment option


In Beverly Hills, a mansion for $65M was put up for sale, which can also be paid for with bitcoin. At the exchange rate at the time of writing, the price in the first crypto is around 1930 BTC. In the case of a purchase with Bitcoin, the transaction will be the largest in the real estate sector...


Barclays has banned clients from sending funds to Binance


The world's largest crypto exchange Binance has come under scrutiny from many countries. Great Britain was on the list of such countries. The Kingdom's Financial Conduct Authority (FCA) has ordered the Binance platform to stop serving local traders. The regulator motivated its decision by the fact...

Ddos Attack hit by a DDoS attack


On July 5, the information resource was subjected to a DDoS attack. Attackers demand to pay them 0.5 BTC (over $ 17,600 at the time of writing). That was announced by the operator of the site under the nickname Cobra. “This is a very powerful attack and difficult to deal with. I...


Whales sold 60,000 bitcoins in two weeks


Bitcoin ends the week below $ 35,000, with the coin trading at $ 33,670 on Saturday. According to some analysts, BTC is unlikely to break through to $ 35,000 in the coming days. Network activity remains weak, which means that no serious movements in the market will take place soon. Data from the...

The Hermitage

The Hermitage and Binance have started discussions about NFT


The State Hermitage is in talks with the Binance exchange regarding the issuance of NFTs and the sale of tokenized works of art. This is reported by "Interfax" concerning the statement of the head of the legal department of the museum Marina Tsyguleva. She clarified that all exhibits are...


Regulators target Binance crypto exchange


Binance started having problems in many countries. First, it became known about the company’s problems in Canada and the UK. The Japanese Financial Services Agency (FSA) then urged Binance’s management not to hesitate to register to serve local traders. Now control over the activities of the...


Bitcoin closes worst second quarter since 2018


Bitcoin met July at $ 33,500. The coin attempted to break above $ 37,000 at the beginning of the week but failed to break the resistance that sharply increased after breaking the $ 35,000 mark. At the very beginning of the second quarter of 2021, BTC was trading at around $ 58,800. However, by the...


USA urges El Salvador to ensure robust BTC regulation


In early June of this year, the Parliament of El Salvador adopted a bill on the legalization of bitcoin, initiated by the team of the country's President Nayib Bukele. However, international financial organizations represented by the World Bank and the IMF criticized this decision by the...


German institutions have the opportunity to invest in BTC


On July 1, a law came into effect in Germany, giving the right to investment funds to invest in products focused on the cryptosphere. In theory, more than € 400 billion could be channeled into digital assets. The law allows institutions to channel up to 20% of their capital into innovative...


Gold in the second quarter will be more profitable than BTC


In a report by analysts from the investment bank JPMorgan, it is said that in the Q2 of 2021, institutional investors began to withdraw from bitcoin en masse. The driver of the change in the tactics of major players was the fall in the value of the largest cryptocurrency in May. At the same time,...


Novogratz spoke about point of flight of miners from China


Against the background of the tightening of the policy of the Chinese authorities, mining companies are massively migrating to safer jurisdictions. It was this factor that led to a record drop in the bitcoin hash rate to the lowest values since May 2020. That has dropped below 100 exahashes per...

US Congress

US Congress discussed the problems of legalizing crypto


Issues related to crypto regulation are periodically raised in the US Congress. Last Wednesday, the House of Representatives Finance Committee again held a meeting to assess the risks and implications of legalizing digital currencies. This event was attended by representatives of the expert...

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