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News and Articles by Diana


Chinese police freeze OTC trader bank accounts


Over-the-counter crypto trader Sun Xiaoxiao on Friday, June 5, announced on his Weibo page that his bank accounts had been frozen. According to Sun, this is due to an investigation by the police about cryptocurrency transactions related to illegal activities. He claims that these measures could...


Reason for Coinbase failures was a 5-fold rise in traffic


Coinbase, the largest cryptocurrency exchange in the United States, said that its systems could not cope with a huge surge in traffic amid the rapid rise in bitcoin prices to $ 10,000 in early June. In a Coinbase blog post published on June 6, it said that the exchange experienced a 5-fold surge in...

Mining pool

Amount of computing power brought Binance pool to 11th line


In April, the mining pool owned by the Binance team began work. The first block in the BTC network it got on April 24. That was announced by the head of the trading platform, Changpen Zhao. On the eve of Twitter, he posted a post in which he noted that Binance Pool took eighth place in the ranking...


OKEx launches option contracts for ether and EOS


OKEx has launched option contracts for ether (ETH) since June 4, and also announced the upcoming launch of options for EOS crypto on June 18. The company also announced that it has already placed 1,000 ETH in the insurance fund for new Ethereum options. An OKEx announcement says options allow you...


A surge in bitcoin transactions was recorded in India


Recently, the Supreme Court of India lifted the Reserve Bank’s ban on crypto services by local financial organizations. Internet users took the court decision as a relaxation of pressure on the industry and sharply increased investment in bitcoin. An inflow of capital was recorded by the Paxful...


Coinbase has reduced rewards for storing USDC stablecoins


Coinbase has reduced the payment of charges for storing USDC by 88%. So far, Coinbase users have received 1.25% per annum; Since June 3, remuneration has decreased to 0.15%. Coinbase did not name the reasons for this step, but it follows similar actions by large banks - Bank of America, HSBC,...


Cardano knocks out Tezos from top ten cryptocurrencies


Altcoin Cardano (ADA) has fixed itself on the tenth line of the rating of the most comprehensive digital currencies according to the CoinMarketCap service. From this position, he knocked out a Tezos coin (XTZ), which for a long time, confidently stayed in the top ten. Today, Cardano's...

Stolen crypto

$1.4B in crypto was stolen in the first five months of 2020


According to the forecasts of researchers from the company CipherTrace, 2020 will be a record year in the scale of crimes related to cryptocurrencies. The team published a report in which it drew attention to the fact that a little less than $ 1.4 billion in digital currency was stolen during the...


Venezuelan stations will sell preferential gas for Petro


Venezuela has announced that gas stations nationwide will sell gas at a reduced price in exchange for the state-owned cryptocurrency Petro. However, the government immediately removed local subsidies for gasoline, as a result of which its price rose to $ 0.02 per liter. The new regime will allow...


Tether launches USDT on OMG Network


Stablecoin Tether (USDT) is now available on OMG Network, the Plasma-based Ethereum sidechain, whose public beta was launched on June 1 by the OMG team (previously OmiseGo). According to ETH Gas Station, over the past 30 days, Tether is the largest "consumer" of gas on the Ethereum...


Cryptocurrency regulation rules go into effect in Canada


In Canada, on June 1, amendments to the law on financial services that control the activities of crypto firms in the country entered into force. “Financial services now include Canadian and foreign companies that conduct operations with virtual currencies. These operations include services for...


FXCoin strategist: the fall of Yuan will lead traders to BTC


In the expert environment, the number of supporters of such a point of view is growing that further depreciation of the Chinese currency will force traders to massively switch to bitcoin. Among such analysts, FXCoin strategist Yasuo Matsuda stands out. In his opinion, a surge in cryptocurrency...

JP Morgan

JPMorgan will pay $2.5 million in a lawsuit


JPMorgan agreed to pay $ 2.5 million to settle a class-action lawsuit about irrational fees that the bank charged for transactions when purchasing cryptocurrencies. The lawsuit was filed in April 2018 against Chase Bank, a subsidiary of commercial holding JP Morgan Chase, which specializes in...

Brave browser

Brave launches encrypted video calls for users


The Brave cryptocurrency confidential browser implemented the video call option adopting end-to-end encryption. This new service called Brave Together can be applied to make an infinite number of encrypted video conferences for two members. Brave users do not need to register to use this tool. The...


Facebook Calibra wallet is now called Novi


The Calibra wallet has been renamed Novi and transferred to the management of its subsidiary Facebook - Novi Financial. A Novi Financial's statement said that the name Novi was coined as a fusion of the Latin words “Novus” (“new”) and “via” (“path”), and the visual design of the...


Bitcoin commission decreased by 54%


Over the past 5 days, the average commission for transactions in the Bitcoin network has decreased by 54%, however, some observers believe that network congestion may push investors to altcoins. A week ago, the average transaction fee made a jump to the level of February 2018, but since then, it...


Bitfury will launch an investment program in mining centers


Bitfury has announced the launch of an investment program for large investors, which offers them alternative access to bitcoin through the company's mining data centers. The company offers to invest in data centers settled in Canada, Norway, Iceland, and Central Asia. The program is touted as...


Argentine officials will collect info about crypto holders


Amid the acute financial crisis in Argentina, investments in cryptocurrencies are growing. Argentina is currently on the list of Latin American countries leading in terms of Bitcoin purchases through the LocalBitcoins platform. The local peso currency is rapidly losing market position, and people...

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