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The number of visits to sites of cryptocurrency exchanges in January 2021 reached the highest values in the last few years. Last month, about 344 million Internet users visited the sites of the trading platforms. That is a new high, the researchers note. For comparison, in December, 196 million...
The Indian government is considering an abbreviated procedure for passing a digital asset industry regulation law. The country's government is considering a bill that will ban the use of private digital currencies, as well as, create a regulatory framework for the “digital rupee”. The bill is...
Chinese mining pool Poolin has obtained the hashrate of its competitor NovaBlock intending to expand in North America. The hashrate transfer will end on February 8th. The NovaBlock hashrate, 1.07 exaches per second (EH/s), will be combined with 12.28 EH/s Poolin. After the purchase, Poolin will...
According to Michael Wu, CEO of Amber Group, Bitcoin (BTC) should not be classified as a bubble. Volatility is likely to remain, for now, however, BTC has already emerged as a class of reliable assets, the businessman said in an interview with CNBC. Many investors are suspicious of cryptocurrency...
The Santiment team periodically draws attention to an increase in the number of "whales" whose addresses accumulate large batches of DeFi tokens. Previously, analysts said there d been a marked increase in the number of large holders of UNI tokens issued by the UniSwap decentralized...
CEOs need to move away from popularizing Bitcoin, which could pose threats to consumers. That point of view is shared by Klarna CEO Sebastian Semyatkovski. The top manager stressed that a tool has appeared on the market that does not have any security. This financial product poses real threats to...
Grayscale, which manages the assets, has significantly increased its investments in Ether (ETH) over the week. The Ethereum Trust of this giant in dollar terms increased by $38 million. Thus, the company acquired another 24,796 ETH. The largest altcoin has made a historic breakthrough this week....
MGT Solar launches an innovative new project combining blockchain with a sustainable green energy solution. Token holders have the benefit of earning dividends by holding their...
In September 2020, the KuCoin cryptocurrency exchange was hacked. As a result, hackers stole up to $ 285 million in cryptocurrency. According to platform CEO Johnny Liu, insurance companies took part in recovering losses incurred as a result of the attack. He emphasized that thanks to the...
Crypto exchanges Coinbase and Binance entered the 1000 most visited sites in the world, according to data from analytical services SimilarWeb and Alexa. According to SimilarWeb, Coinbase is currently ranked 874, and Binance is 839 in the world. According to Alexa, Coinbase is ranked 830 in the...
Let's find out what APIs are and what role they play in cryptocurrency trading. What is API? An API is an application programming interface that helps applications communicate with each other. In everyday life, we regularly use APIs, but we do not always realize that we are dealing with...
The Indian government does not want to ban cryptos completely but intends to regulate this segment of the economy. Minister of Finance of the country Anurag Singh Thakur told about it last Tuesday. He emphasized that at this stage, the Cabinet of Ministers faces the task of increasing the...
Since January 30, when the Ripple token rate began an upward movement to levels above $ 0.7, the total volume of liquidations of long and short positions in the XRP futures market exceeded $ 1.6 billion. Over the past day, as a result of the growth and subsequent collapse of XRP, positions for $...
Financial conglomerate SBI Holdings and Sumitomo Mitsui Banking Corporation (SMFG) will launch a digital securities exchange based on blockchain technology. It will begin work in the spring of 2022 in the Japanese city of Osaka, according to Nikkei Asia. Osaka Digital Exchange will be the operator...
January 2021 turned out to be very successful for bitcoin miners. They generated $ 1.09 billion in revenue, the highest since December 2017. As The Block clarifies, in January 2018, mining pools were able to earn about $ 1.02 billion. In December 2017, they received an income of $ 1.25 billion....
Visa has been interested in the cryptocurrency industry for the past few years. This payment operator even became a member of the Facebook crypto project (Libra). At the end of last week, Visa CEO Alfred Kelly said that in the future, the company's payment network could integrate digital...
Pantera Capital CEO Dan Morehead is known as one of the strongest proponents of Bitcoin. He has previously stated on several occasions that BTC could reach $ 100,000 in 2021. This week, the businessman spoke positively about altcoins Ether (ETH) and Polkadot (DOT). He tweeted that his company is...
The aggravation of volatility in the crypto market led to technical failures in the work of some American exchanges. Initially, users reported issues with the Kraken platform. The technical failure was observed intermittently for 17 hours. After that, the administration reported on the resumption...
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