The launch of central bank digital currencies (CBDC) will increase the demand for bitcoin in the global market, analysts at Grayscale say. They note that central bank tokens are regulated instruments. They can be applied within certain boundaries and according to the rules approved by the...
On May 27, Goldman Sachs will hold a telephone conference on the prospects for the US economy and the impact of the current crisis on assets such as gold and bitcoin. The event will be hosted by Goldman’s Investment Strategy Group IT Director Sharmin Mossavar-Rahmani, Harvard University Economics...
For a long time, Latin America led the ranking of regions in terms of the scale of bitcoin trade. Investments in BTC through LocalBitcoins and Paxful have been rising in Venezuela, Argentina, and various countries in the region over the past two years. Still, now the leader position in this rating...
Exactly ten years ago, on May 22, 2010, Laszlo Hanyecz made the first-ever purchase for bitcoin by buying two pizzas for 10,000 BTC. On May 18, Laszlo posted a post on BitcoinTalk stating that he was ready to give 10,000 BTC for two large pizzas from Papa John’s. Of course, Papa John’s did not...
The development team of the Blockchain.com crypto wallet purposes to add support for the Russian currency soon. Currently, users of the service can perform operations with the Turkish lira, US dollar, euro, and British pound. The team lately published a development program for the upcoming years....
The analytical company Chainalysis has published a report that dispels the myth around the use of cryptos to finance terrorism. At the same time, the company points out the harm caused by such misinformation to cryptocurrencies and the reputation of the companies working with them. Chainalysis...
Chinese law enforcement officers arrested a group of scammers who impersonated employees of the Huobi cryptocurrency exchange. Local news outlet Jinse reports that police detained 12 people. These people, through various cryptographic groups on WeChat, spread calls to invest in some kind of...
Coinbase Custody, the custodial platform of the American cryptocurrency company Coinbase for institutional investors, added support for Cosmos token staking (ATOM). This feature will allow Coinbase Custody customers to store ATOM tokens and generate passive income. Coinbase Custody did not disclose...
No more than a dozen years ago, the reliability of blockchain technology was called into question, but by the beginning of 2020, most professionals recognized it as a smart solution to business problems. And the technology began to grow more actively. The ever-growing demand for blockchain...
Cryptocurrency exchange Binance registered a domain name through the government of China. In April, the Ministry of Industry and Information of China approved the domain name Binance.cn. The domain name is registered with Shanghai Bi Nai Shi Information Technology (the name says Binance...
Square payment network said that bitcoins and promotions are now on the menu of Cash App users who would like to “minimize the impact of market fluctuations.” Square's Cash App now allows users to make automated Bitcoin purchases at regular intervals. The Cash App already has a Bitcoin wallet,...
Hackers tried to crack supercomputers in European countries last week to use their power to mine crypto. Entire clusters of supercomputers were stabbed in several countries, such as Germany, the UK, Spain, and Switzerland. Hackers tried to crack mainly university machines. Last Monday, the press...
Trading volumes and open interest in the CME Group bitcoin options market increased after a reduction in remuneration for a (halving) block last Monday. According to data from the analytical company Skew, open interest (or the number of open positions) grew from $ 35 million on May 11 to $ 142...
After the vote for the introduction of the SegWit2x protocol, in Summer 2017, the hard fork of the leading crypto was released. That is precisely how owners of Bitcoins become owners of Bitcoin Cash, and how the currency was made. This fork is the largest and loudest in the history of digital...
Visa payment company filed a patent application for "digital fiat currency." On Thursday, May 14, the U.S. Patent and Trademark Office issued the Visa patent application, which was incipiently filed in November 2019. The application describes a system for combining the advantages of...
Pantera Capital's founding partner and CEO Orchid (OXT), Dr. Stephen Waterhouse, said the US government would never allow private companies to challenge the dollar. In an interview that was recorded before the head of Telegram, Pavel Durov, officially announced the abandonment of the TON...
A report from the Glassnode platform said that since the beginning of 2020, the number of large holders or so-called “whales” has been declining. This week, on the Ethereum network, the number of addresses with 10,000 ETH and bleat dropped to 1,050. This is the lowest since last January. In...
CoolBitX founder Michael Ou says Asian countries are leading the way in introducing a “travel rule” for the FATF, which should be offered no later than June 2020. CoolBitX itself has developed a solution to implement the travel rule called Sygna Bridge. It allows exchanges to communicate with...