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News and Articles by Diana



Spain

Spain may issue its digital currency

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From European countries, Sweden and France recently announced accelerating efforts to create national digital currencies (CBDCs). Now Spain can join them. A proposal was sent to the Congress of this state to launch a token in connection with a decrease in the use of cash. A supporter of the launch...

Bitcoin

Salvadorans can choose a crypto wallet to receive BTC

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At the end of last week, the President of El Salvador Nayib Bukele promised to give out $ 30 in bitcoin to all residents of the country. Then it became known that the state would send this cryptocurrency to Chivo crypto wallets. The developers of this service have become official partners of the El...

Africrypt

Defendants of $3.6B fraud named their amount of damages

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Reis Keiji, one of the founders of bankrupt crypto investment firm Africrypt, said that her portfolio did not come close to the attributed amount of $ 3.6 billion. “At the peak of the market, we managed just over $ 200 million,” Keiji said. According to him, the company irretrievably lost no...

Bank of England

British bank has set a limit on sending funds to exchanges

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British authorities are tightening control over the cryptocurrency market. In connection with the tightening of the kingdom's position, local banks began to limit the operational capabilities of customers investing in bitcoin and other digital currencies. NatWest bank has set a limit on sending...

Bitmain

US firm to buy 30,000 Antminer S19j Pro miners from Bitmain

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Chinese mining equipment manufacturer Bitmain will supply US-based TeraWulf with 30,000 Antminer S19j Pro devices. According to the agreement, miners will be delivered monthly from January to June 2022. As a result, the company expects the hashrate to grow by 3 EH/s. TeraWulf plans to go public....

FATF

FATF urged to quicken the implementation of requirements

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Most of the countries overseen by the Financial Action Task Force on Money Laundering (FATF) have not performed obligations for crypto companies. That is stated in the notification following the results of the plenary meeting of the organization. FATF standards are currently supported by 58 out of...

Tidal

Square will explore the chance of using NFT on Tidal

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Music, podcast, and streaming service Tidal, owned by payment company Square, will explore the possibility of using non-fungible tokens (NFT) on its platform. That was announced by Jack Dorsey and Jay-Z during a live broadcast on Twitter. In their opinion, the tool will allow artists to manage...

Coinbase

Coinbase will provide crypto custody services in Germany

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Bitcoin exchange Coinbase, listed on the Nasdaq, has received permission to provide crypto custody services in Germany. That is stated on the website of the country's Federal Financial Supervision Authority (BaFin). According to the announcement, the German subsidiary of Coinbase Germany GmbH is...

Mexico

Mexican authorities reacted to Banco Azteca's Bitcoin camp

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Earlier this week, it became known that one of the largest banks in South America is ready to work with bitcoin (BTC). Mexican Banco Azteca will be able to become part of the infrastructure for processing crypto transactions, said the head of this financial giant Ricardo Salinas Pliego. The...

Ethereum

Ethereum fees fell to the lowest level since December 2020

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Along with the fall in the price of Ether (ETH) and the weakening of the network hashrate, there is a rapid decline in processing fees. Computing power on the ETH blockchain at the end of last week plummeted to 449,228 terahesh per second (TH / s), the lowest since March 2021. Ethereum fees are now...

Swiss National Bank

The Swiss central bank does not plan to issue its token

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The Swiss National Bank (SNB) does not consider it necessary to launch a digital currency. The chief economist of the Central Bank, Carlos Lenz, announced there is no need for a digital franc. The current financial system of the state works fine even without a token. In parallel, Lenz criticized...

Banco Azteca

Banco Azteca will handle bitcoin transactions

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Billionaire Ricardo Salinas Pliego represents the bitcoin camp. It ranks 166th in the world in terms of its capital. Late last week, the financier announced that his bank would be the first in Mexico to handle cryptocurrency. Banco Azteca will handle bitcoin transactions, Pliego said. MicroStrategy...

Musk

Elon Musk supports DOGE, joining supporters of the update

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Tesla CEO Elon Musk often backs his favorite cryptocurrency Dogecoin (DOGE). The posts of a businessman periodically provoke a rise in the value of this altcoin. That is exactly the situation we observe again at the beginning of this...

Ethereum

Ether hashrate drops 20% due to shutdown of Chinese miners

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Bitcoin miners are not the only ones suffering from repression in China. Forced to suspend equipment and those pools that provide the computing power of the Ethereum network. Over the past two weeks, there has been a rapid decline in the ETH hashrate. An important development was the recent...

Virus

Miner virus is entering devices through pirated games

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The Avast antivirus development team has detected malicious software that penetrates the victim's computer and other devices through pirated games. The Crackonosh virus infiltrates the equipment and starts using its power for hidden mining (cryptojacking). Earlier it was reported that most often...

JP Morgan

JPMorgan does not rule out the fall of bitcoin to $ 25,000

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The cryptocurrency market is still dominated by bearish sentiment. The risks of a new Bitcoin rollback periodically increase according to a study by JPMorgan investment bank analysts. They do not exclude that the result of the negative trend that we have been observing over the past few weeks will...

Delta 8

Coin that will lead & disrupt 2 majorly growing industries

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The rapid growth of cryptocurrency and marijuana industries in the United States has given birth to a new market beast; Crypto backed by cannabis. Delta 8 (DX8), a SmartChain-powered cryptocurrency on the Binance marketplace, recently launched with a $1.6 billion market capitalization and is set to...

Vinnik

The court in Paris upheld the verdict to Vinnik

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The Paris Court of Appeal confirmed the decision of the first instance to imprison Russian citizen Alexander Vinnik for five years. Citing Vinnik's lawyer Frederic Belo, the defense plans to file a cassation appeal. According to Belo, the court made a "lazy decision" without understanding...

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