News and Articles by Diana

The Reserve Bank of India wants to involve fintech companies and commercial banks in testing CBDC. In March, the Ministry of Finance announced that the Central Bank token could be launched as early as 2022. According to the local publication Moneycontrol, the regulator has begun negotiations with...

The South Korean corporation LG Electronics has launched an NFT platform with the support of Hedera developers. LG Art Lab allows users to buy, sell and display digital collectibles through TVs. “All LG products running webOS 5.0 will be able to interact with the app,” the announcement...

As of September 5, 52 million erroneously issued aUSD coins remain in the network. In total, 281 addresses were involved in the incident, according to the report of the Acala parachain team. In August, a bug in the iBTC/aUSD liquidity pool smart contract led to the issuance of a “significant...

Bitcoin was above $20,000 on Friday. The BTC rate peaked at $20,407 at the start of the American session, but it dropped to $19,663 by Saturday, September 3, night. The market has not changed significantly over the last two days, and Bitcoin is starting a new week below the psychological threshold...

Until the end of 2022, the Indonesian authorities want to launch their bitcoin exchange. For the first time, the government announced plans to create a national cryptocurrency platform last year. This year, the authorities want to implement the project, but the timing will be adjusted in case of...

Against the background of the fall of the cryptocurrency market in 2022, many exchanges and companies were forced to cut staff. Further deterioration of their financial position may lead to the fact that such enterprises will be bought up by banks and other large investment structures. Recently it...

The US prosecutor's office became interested in Binance for its compliance with anti-money laundering legislation. At the end of 2020, US law enforcement turned to the management of the trading platform to provide them with internal documentation that could identify suspicious transactions....

At the end of May, the Parliament of Paraguay approved a bill to legalize the cryptocurrency market and mining. This document was submitted to the President of the country, Mario Abdo Benitez. However, the head of state rejected it because mining can create risks for the energy infrastructure. The...

Ethereum developers plan to activate the Merge fork on September 15, as a result of which the network will switch to PoS (Proof of Stake) consensus. In anticipation of this important event, miners accumulate ether. According to OkLink, more than 261,000 ETH have accumulated on the addresses of...

The cryptocurrency market has been suffering losses over the past few weeks, but the Friday speech by the head of the US Federal Reserve, Jerome Powell, dealt the strongest blow to it. The readiness of the regulator for the next increase in rates provoked a massive exit of capital from the...

The cost of Axie Infinity is something that a lot of people are curious about, if Google searches are anything to go by. Axie Infinity is a play-to-earn (NFT) game that has a game design that is comparable to that of Pokémon GO and was launched in December 2020. Since that time, the value of the...

The blockchain sector will be developed, and a platform for trading digital assets will be established, according to a deal that the South Korean city of Busan inked with the FTX bitcoin exchange. A news statement states that the partnership with FTX is a component of a larger strategy to...

As a result of the next recalculation, the difficulty of mining the first cryptocurrency increased by 9.26%, to 30.97 T. In the approximately two-week period between the latest metric adjustments, the average network hashrate was 221 EH/s. According to Glassnode, network computing power (smoothed...

Last Friday, Fed Chairman Jerome Powell announced the readiness of the American regulator to raise the discount rate if he fails to stabilize inflation at 2%. Over the past few days, the price of bitcoin has decreased by 6%, on Wednesday the coin is trading at around $20,274. The measures of the US...

Cryptocurrencies bounced back slightly on Tuesday morning after a poor start to the week. The bitcoin rate rose to $20,413. Over the past 24 hours, BTC capitalization has reached $390.516 billion (+2.7%). Ether (ETH) is also gaining in value, with the largest altcoin trading at $1,578 at the time...

Dubai is included in the list of the largest cities in Asia, where comfortable conditions are created for the work of crypto companies. The authorities of the metropolis this week introduced new rules for posting content that promotes investments in digital currencies. The author of the amendments...

PRIME NFT, a company focused on development and innovation, will be launching on 05/09/2022 LIZARD PRIME, the world's first entrepreneurship NFT with numerous utilities. With the accession of cryptocurrencies in 2021 and its apex in NFT in 2022, the market daily seeks real utilities for these...

Cryptocurrency exchange Binance has suspended the corporate account of Tezos ecosystem-focused startup Baking Bad. The latter called the actions of the platform unlawful. “July 1, without any explanation, our corporate account on Binance was blocked. Today all our balances were reset to zero...