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News and Articles by Diana



Bitcoin

Number of BTC on Coinbase falls to a min since the end of 2017

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The Glassnode team recorded a sharp drop in the number of bitcoins (BTC) on the Coinbase cryptocurrency exchange. According to researchers, the volume of digital currency on Coinbase is now at its lowest level since December 2017. Moreover, the outflow of coins had continued since May of this year,...

cryptopunks

CryptoPunks creators will cooperate with talent agency from Hollywood

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The Larva Labs development team known from CryptoPunks has partnered with United Talent Agency (UTA), whose clients include Johnny Depp, Wes Anderson, and Susan Sarandon. In addition to actors and directors, the talent agency also partners with musicians, comedians, and digital artists who are...

Trump

Donald Trump says he doesn't trust cryptocurrencies

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Former US President Donald Trump has previously repeatedly criticized Bitcoin and the cryptocurrency market in general. According to him, such tools are used by criminal structures and rogue states. In addition, virtual currencies do not have any material support, which creates additional risks for...

Ethereum

High Ethereum fees are driving users to leave to other blockchains

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Ethereum transaction fees have started to rise since August 22nd. Last Friday, August 27, the average commission on the blockchain reached $ 38.3 - this is the highest value since May 2021. Ethereum fees have continued to climb despite recent updates from London and EIP-1559. Since mid-August, the...

South Africa

Another central bank joins the camp of bitcoin opponents

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Many central banks periodically criticize Bitcoin and other digital currencies. Last week, the People's Bank of China criticized digital currencies and urged citizens to stay away from such instruments. The Reserve Bank of South Africa has joined those regulators who refuse to recognize digital...

El Salvador

In El Salvador protests began against the legalization of BTC

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Residents of El Salvador protested against the country's first cryptocurrency legalization. They are worried about the rise of corruption. The Salvadoran Association of International Freight Carriers has demanded an amendment to the bill, removing the obligation to accept digital gold as payment....

FTX CEO

FTX CEO calls crypto derivatives "misunderstood" tools

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Critics of cryptocurrency derivatives do not understand how important these financial instruments are in increasing the liquidity and efficiency of digital asset markets. The head of the FTX platform, Sam Bankman-Fried, said this in an interview. “This is a somewhat misunderstood area. Many...

OpenSea

OpenSea NFT Marketplace Trading Volume Exceeds $3B

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Over the past 30 days, the NFT-centric OpenSea platform has had a trading volume of $ 3.11 billion. During the month, the marketplace recorded more than 195,000 unique users who made 2.22 million transactions. According to Dune Analytics, in August the marketplace's trading volume exceeded the...

UAE

Bittrex CEO praises UAE for creating conditions for crypto development

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According to Steven Stonberg, CEO of the Bittrex cryptocurrency exchange, the United Arab Emirates has real opportunities to become a center for the development of blockchain technologies. One of the largest cities in the Middle East, Dubai is already on the list of innovative regions. If a...

SEC

SEC wants a service to monitor transactions in the DeFi market

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The head of the Securities and Exchange Commission (SEC), Gary Gensler, has previously repeatedly stated the need to regulate relations in the cryptocurrency industry. According to him, special attention should be paid to monitoring the situation in the market for decentralized financing DeFi. At...

Hack

Hackers hacked hot wallets of Bilaxy bitcoin exchange

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Seychelles-based cryptocurrency exchange Bilaxy reported a hot wallet hack. Users were advised to refrain from making deposits. The company does not disclose the amount of damage. On the night of August 28-29, Bilaxy suddenly stopped working. According to MyCrypto security analyst Harry Denley, the...

CBDC

India plans to start testing its token by the end of 2021

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India has joined those states that are accelerating the development of a national digital currency. Testing of the Central Bank token (CBDC) should begin before the end of this year. Shaktikanta Das, representing the leadership of the Central Bank, told the journalists about this. The Reserve Bank...

China

People’s Bank of China calls on citizens to abandon BTC

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In the spring, the Chinese authorities sharply increased pressure on companies representing the cryptocurrency industry. At first, almost all miners came under pressure, and officials began to squeeze them out of the country. Then the crackdown on cryptocurrency services began, and Beijing banned...

Brazil

Police in Brazil arrested $ 28.6 million in cryptocurrencies

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Brazilian Federal Police seized 150 million Brazilian reais ($ 28.7 million) worth of cryptocurrency in Operation Kryptos, linked to an alleged pyramid scheme. Law enforcers arrested five people. In addition to digital assets, the police ended up with $ 3.6 million in cash in US dollars, 21 premium...

Young Americans

Survey says young Americans choose Bitcoin

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In the United States, as in other countries of the world, the number of citizens buying digital currencies continues to grow. Moreover, the highest proportion of crypto investors are young people under the age of 35. CNBC, together with Momentive, surveyed young Americans and found that 11% of them...

Bitcoin

Number of BTC addresses with a non-zero balance reaches 2 months high

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Despite the correction that has returned to the crypto market, a variety of categories of investors continue to invest in Bitcoin (BTC). Digital currencies returned to the red zone at the beginning of the week. They suffered the greatest losses the day before, today the rollback continues. At the...

Ethereum

Ethereum hashrate updated all-time high

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The hashrate of the Ethereum network reached 646.7 GH/s, updating its all-time high, according to Etherscan data. The indicator exceeded the previous record level of 643.8 GH / s, which it reached on May 20. Against the backdrop of the ensuing harassment of mining in China, the computing power of...

Hack

Hackers under the guise of games stole data from BTC wallets

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Kaspersky Lab experts discovered the Swarez Trojan, which, among other things, stole data from crypto wallets. The peak of activity of the malware occurred in the spring of 2021. The attackers used the games Among Us, Battlefield 4, Battlefield V, Control, Counter-Strike: Global Offensive, FIFA 21,...

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