Blockchain News

Colorado-based BTC mining company Riot Blockchain announced the results of the second quarter of 2021. The press release issued on August 23 indicates that the company's mining revenue reached $31.5 M which means a 1540% growth compared to last year's $1.9 M. 70% of the revenue, which is $19.3 M,...

Leading financial services company Visa revealed buying CryptoPunk #7610 paying around $150.000 in Ether. Along with the announcement, Visa released a blog post. Through the post, the head of Crypto at Visa, Cuy Sheffield, explained what NFTs are and why the company chose to buy one. Over the last...

This year’s blockchain poll carried out by major management consulting company Deloitte shows that 76% of the participants believe that digital assets will become a more common choice or replace fiat in the coming 5-10 years. As mentioned in the publication, the survey was processed from March 24...

Popular NFT platform OpenSea set records in the previous 30 days. On August 17, the market’s co-founder and CEO Devin Finzer informed the community that the platform's trading volume surged to $1 M this month. OpenSea just hit $1B in trading volume for the month of August so far.And it's...

Renowned crypto developer Jay Graber, who has been involved with projects such as Zcash and Skuchain, will spearhead an initiative to decentralize social media. For the first time, the leadership of the Twitter platform announced this back in 2019. Now, supposedly, there are all the resources to...

Since 2016, there has been a steady increase in investment in projects launched based on blockchain technologies. The KPMG study says that the increase in investment in this sector of the economy proves once again that investors have become aware of its huge potential. In the first half of 2021...

Jamaica’s CB minted the first amount of the country’s national currency in digital form. On August 9, the official site of the establishment published the news. The division working on the digital currency project carried out a small financial ceremony demonstrating the way of minting. Among...

For the first half of 2021, public mining company Argo Blockchain earned £ 31.1 million in revenue, 180% more than in the same period last year, the firm said in its statement of financial results. Argo’s earnings before depreciation, interest and direct taxes (EBITDA) increased 332% to £ 16...

Data provided by DappRadar.com shows that the decentralized gaming platform Axie Infinity, launched in 2018, surpassed $1 B from NFT sales. Thus, Axie became the first NFT game to break above this mark. Currently, there is $1,055,735 worth of tokens from the Pokémon-inspired NFT game traded via...

The US SEC vs Ripple case can come closer to its solution with Magistrate Judge Sarah Netburn's decision to grant Ripple CEO Brad Garlinghouse access to reports of leading crypto exchange Binance. Per the decision announced on August 3, Ripple’s becoming able to hold discovery across the US...

One of the teachers at St. Mary's University, professor of law Angela Walch appealed to the US Senate with a call to regulate legislation regarding the process of mining digital assets as soon as possible. Walch expressed confidence that to make informed decisions, the government should more...

On July 27, payments network Ripple standing behind the development of the cryptocurrency XRP revealed cooperation with Japan's leading money transfer operator SBI and its subsidiary SBI VC Trade to carry out currency exchanges from Japan to the Philippines. Ripple will set an On-Demand Liquidity...

On July 26, NY-based leading bank Goldman Sachs filed with the SEC to launch an ETF that would give exposure to investment data that closely reflect, before charges and expenses, the movements of the Solactive Decentralized Finance and Blockchain Index. In the part describing main investment...

Ontario-headquartered international e-commerce company Shopify now enables direct NFT sales between merchants and its clients. The president of the company Harvey Finkelstein tweeted about the news. He says that with this move, the buyer-customer relationship becomes simpler and doesn't require...

U.S. e-commerce focused IT giant Amazon is hiring a digital currency and blockchain product lead. As stated in the job announcement, the specialist will be a part of the payments proceedings team. The new teammate will own the vision and strategy for blockchain-based product strategy and its...

Decentralized liquidity protocol THORchain became the target of cybercriminals. For the third time in the course of a month, the protocol was attacked. As the team informs via Twitter the hack that took place on July 23, was a white hack, where the attacker willingly caused less damage. THORchain...

As reported by Bloomberg on Wednesday, Stellar Foundation, a non-profit organization standing behind the development of the Stellar network and the cryptocurrency XLM, contacted money transfer company MoneyGram on a possible purchase. Bloomberg informs the news was provided by unnamed people...

Ethereum co-founder Vitalik Buterin said in his speech during Ethereum Community Conference (EthCC), held in Paris that Ethereum aims to progress beyond the DeFi space. The 4th EthCC began on July 20 and will end on July 22. Buterin referred to DeFi and cryptocurrencies as the most interesting part...