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The average price of non-fungible tokens (NFT) is down 67% from its February peak. Such dynamics may indicate a decline in the NFT mania. Chris Wilmer, an academic at the University of Pittsburgh and co-editor of the blockchain research journal, told the publication that the technology of...
March turned out to be a less successful month for decentralized cryptocurrency exchanges (DEX) compared to February. Over the past 30 days, the number of transactions on such trading floors amounted to $ 67.32 billion. Compared to the previous month, the trading volumes fell by about 8.12%. The...
The Bank of Japan announced the start of the first stage of testing the national digital currency. At the end of last year, it became known that Japanese banks will take part in testing the CBDC. During the first stage of testing the token, the regulator will assess the possibilities of CBDC as a...
Against the background of the stagnation of bitcoin (BTC), the rest of the cryptocurrencies are confidently strengthening their positions. The BTC dominance index is now at its lowest level in seven months. This indicator fell to 55.9% in early April. The price of bitcoin on Monday, April 5, fell...
The year 2021 is what people call the "Bitcoin Year", and the reason is self-explanatory. This recent bull-run has brought to the crypto community not only vendors but also institutions and big businesses. Elon Musk invested $1.5 billion in Bitcoin, and in less than a month, he got a $1...
On the night of Saturday, April 3, the rate of the second-largest cryptocurrency by capitalization Ethereum reached $2,146, having renewed its all-time high. Currently, the digital asset is trading at $2,048. On April 2, the ETH rate tested the $2000 level and later updated the maximum at levels...
The cryptocurrency industry could deal a devastating blow to the banking market. So says Jesse Powell, head of the Kraken exchange. In his opinion, only those financial structures that will have time to enter the cryptosphere will be able to survive. The rest of the traditional players, and...
The Spanish National Commission for the Securities Market (CNMV) called street advertising of cryptocurrencies "risky" and proposed to tighten the rules for its placement. This was stated by the president of the organization, Rodrigo Buenaventura. According to him, the regulator will hold...
Nasdaq-listed collectible vinyl figure maker Funko has acquired a majority stake in TokenWave, a non-fungible token (NFT) display, and tracking platform company. Funko said the collaboration will accelerate the company's joining the NFT segment and enable digital assets to be added to the product...
Solution supports decentralized finance (DeFi) trend with consumer protection via smart contracts. DUBLIN, Ireland (April 1, 2021) – HIPS Payment Group Ltd., a provider of innovative and cost-effective e-commerce and mobile payment solutions, today announced that their highly anticipated...
Bitcoin exchange Coinbase has hired a former managing executive and head of Morgan Stanley's compliance department Ian Rooney. Rooney will lead the corporate compliance team. He will help the company prepare for a direct listing of shares. Previously, Coinbase invited Brett Redfearn, ex-director of...
Tesla CEO Elon Musk once again provoked a surge in the price of Dogecoin (DOGE) cryptocurrency. Previously, the famous inventor has repeatedly posted posts on Twitter promoting altcoin. The situation repeated itself this week. Almost immediately after another "dog coin" tweet appeared,...
The People's Bank of China has begun cross-border trials of CBDC. Wang Xin, head of the research bureau of the Central Bank of China, told about this. Together with the Chinese Central Bank, the Hong Kong Monetary Authority is participating in the testing. As Wang Xin noted, testing of the digital...
The UK Internal Revenue Service (HMRC) has published an updated guide to cryptocurrency transactions. The new document brings together guidelines for businesses and individuals. For the first time, it touches on loans secured by cryptocurrencies and staking. According to the ministry's explanation,...
Tesla pointed out a vulnerability in the code of the BTCPay Server processing service. The developers have released an update and expressed gratitude for the assistance. BTCPay founder Nicholas Dorier said that Tesla contacted the developers after conducting an audit. The service representatives...
South Africa-based OVEX cryptocurrency prime broker raised $ 4 million from Alameda Research. The company will use the funding received during the strategic investor for staff expansion and international expansion. OVEX identified the UK, UAE, Canada, Kenya, and Nigeria as the most interesting...
Investors hungry for signals of mass adoption should look at China and the blockchain-related new venture epidemic. There is no sign that China's recent blockchain gold rush is waning. New ventures sprung up almost overnight after business leaders and investors seized on President Xi Jinping's...
Users have lost at least $ 1.6 million due to a fraudulent service masquerading as a Trezor hardware wallet application. One of the victims, Phillipe Christodoulou, found an app in the App Store called "Trezor". After he entered his details to check the balance, all of his bitcoins were...
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