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Many central bankers have been criticizing bitcoin a lot lately. This week, the head of the Bank of Denmark generally stated that BTC is an insignificant instrument that does not have any impact on the financial sector. Therefore, credit institutions shouldn't work with cryptocurrency at all. The...
The second-largest cryptocurrency in terms of capitalization is much more useful than bitcoin thanks to the presence of smart contracts, said Todd Morley, co-founder of Guggenheim Partners and head of the Overline blockchain project. Another distinguishing feature of Ethereum, Morley called the...
Nebraska Governor Pete Ricketts has signed a bill allowing local banks to hold cryptocurrency. The document was developed by Republican Senator Mike Flood in cooperation with Telcoin. It involves the creation of a new state banking charter focused on financial services backed by digital assets. The...
Apple has opened the position of a business development manager with five years of practice in the crypto sphere, who will manage the affiliate program in the segment of "alternative payments." According to the vacancy, the candidate is expected to have experience of working "with...
The Iranian authorities have banned the mining of digital assets until the end of the summer of 2021. According to the statement of the President of the country Hassan Rouhani, authorized cryptocurrency mining consumes about 300 MW, while unauthorized mining consumes 2,000 MW. "Starting today,...
Crypto exchange ByBit has warned Chinese traders about the suspension of service from June 15. At the same time, the trading platform's statement notes that transactions will not be available to users using IP addresses under the jurisdiction of the PRC. From mid-June, investors from the Middle...
Stellar Development Foundation (SDF), which is behind the development of the blockchain of the same name, through its venture division invested $ 15M in the Mexican cryptocurrency exchange Airtm. According to the press release, Airtm is going to use the funds raised to develop its technology...
Colorado may become the first state to allow residents to pay taxes in cryptocurrencies. Governor Jared Polis will discuss this possibility with the State Treasury Secretary. “Colorado is and will remain the center of blockchain innovation in infrastructure, digital identity, and personal data...
Indonesia has joined the countries wishing to launch a national digital currency (CBDC). According to Reuters, with the help of the token, the country's Central Bank expects to speed up the processing of internal and external transactions. In addition, the emergence of an innovative tool will...
According to HSBC CEO Noel Quinn, his bank is not yet ready to work with cryptocurrencies. Shortly, the financial giant does not plan to launch a service for operations with digital assets or open a specialized division. Bitcoin and other cryptocurrencies are extremely volatile instruments, the...
As many experts expected, investors in the TON crypto project initiated a lawsuit against Pavel Durov’s team. Oleg Zhelezko, representing the investment fund Da Vinci Capital, told RBC that the claim will be considered by a London court. The fund manager emphasized that the plaintiffs consider...
Back in the fall of last year, the Bank of Korea announced the start of testing the national digital currency (CBDC). According to the Central Bank, testing of the token tied to the won should begin as early as 2021. According to Reuters, tests of the digital won should begin in August. They will...
In several provinces of China, in early May, miners began to be disconnected from the power supply. In parallel, the country's authorities announced tough measures to suppress crypto mining. According to Reuters, BTC.TOP and HashCow have already been suspended in China. Later it became known that...
In honor of the annual holiday Bitcoin Pizza Day, the management of the Dutch franchise Domino's Pizza offered employees to receive a salary in the first crypto. Immensus Holding operates 16 Domino's pizzerias in the Netherlands with over 1000 employees. They will be able to decide how much of...
Santiment data shows that the whales have taken advantage of the drop in ether to buy cryptocurrency at comfortable prices. The number of wallets. containing more than $ 100,000 of ETH rose to its highest level since January 2018. Whales have intensified amid falling altcoin prices from $ 4,358 to...
The Bank of Canada has had a negative attitude towards Bitcoin and other cryptocurrencies over the past few years. Back in 2019, the head of the Central Bank Stephen Poloz noted that it is better to use fiat money, not BTC. A similar statement was published by the Canadian regulator at the end of...
Nebraska Senator Carol Blood has backed a bill to explore the potential for blockchain use in agriculture. According to the document, they plan to use distributed ledger technology to track the origin of products: from farms to store shelves. The author of the bill proposes to control production...
Against the backdrop of the market collapse, cryptocurrency billionaires have lost a total of $ 15.5 billion. The publication estimated the losses of major industry players over the past nine days. FTX CEO Sam Bankman-Fried lost the most in dollar terms. According to Forbes, on May 10, his fortune...
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