Cryptocurrency News

In early June, the El Salvadorian parliament supported the president's initiative and passed a law to legalize bitcoin. The country's authorities went even further and promised each citizen to transfer $ 30 in BTC. However, to do this, the person needs to install an official Bitcoin transaction...

Cameron and Tyler Winklevoss's crypto platform Gemini Trust traded nearly $4 M in credits to help offset the carbon impact of the BTC it holds in custody. On June 24, the exchange released a blog post about the undertaking "Gemini Green" informing about a $4 M contribution to the...

Upbit, one of South Korea’s largest cryptocurrency exchanges, has faced a lawsuit filed by a university foundation for infringement of intellectual property rights. The Seoul University-Industry Cooperation Foundation claims that the trading platform infringed a patent on its “Secure...

Galaxy Digital billionaire and founder Mike Novogratz believes that there is no reason to panic, and Bitcoin will surely win back after a painful fall. The businessman expressed such a forecast in an interview with Bloomberg and once again reiterated that BTC and other digital currencies are the...

Israel has adapted Ethereum blockchain technology for a pilot project to study the central bank's digital currency (CBDC). During the experiment, the IT department of the Bank of Israel created digital wallets through which employees can transfer "virtual shekels" to each other. No real...

The two brothers who founded the South African company Africrypt disappeared with bitcoins totaling up to $ 3.5 billion. As Bloomberg clarifies, businessmen disappeared along with 69,000 BTC. Back in April, one of the brothers, Amir Kaji, announced that his crypto company had been hacked. After...

On June 23, computer programmer John McAfee was found dead in prison after the judge approved the US request for his extradition. The news was reported by the Spanish media. Spain’s justice department stated that all factors point there must have been committed...

The Bank of Israel told about the beginning of testing the digital shekel. As the deputy head of the Central Bank Andrew Abir noted, the national digital currency (CBDC) will be issued only by the regulator. All operations with such a tool will become as transparent as possible. Testing is already...

In early June this year, the El Salvadorian parliament supported a bill recognizing bitcoin (BTC) as a legal tender. The adoption of such a document was initiated by the country's President Nayib Bukele. However, local opposition forces spoke out categorically against this law coming into force on...

Swiss staking platform StakeHound has blamed the loss of funds for institutional-focused infrastructure company Fireblocks. The lawsuit was filed in the Tel Aviv District Court. Founded in 2017, Fireblocks used multi-party computation (MPC) to store private keys. To improve security, she provided...

The fall of the crypto market in May and June provoked panic in the camp of institutional investors. A study by Arcane Research says that open interest in bitcoin futures is now $ 11.3 billion, down 59% from mid-April. We will remind, on April 13, it reached $ 27.3 billion. Analysts stressed that...

Crypto mining businesses in China are considering alternatives after the government banned their activities. A leading cryptocurrency mining enterprise BIT Mining is moving the equipment to Kazakhstan. The first stack consisting of 320 pieces of equipment with a technical total hash rate potential...

Popular TV presenter Jim Cramer said back in the spring that he was able to make good money on Bitcoin’s winter rally. In total, the journalist invested about $ 500,000 in cryptocurrency. However, already in the summer, the expert’s opinion began to change due to the fall of the market in May....

Bitcoin started the new week with a sharp drop in the rate. On the evening of June 21, the coin fell to $ 32,000. On some exchanges, it briefly dropped even below this psychological mark. Against the background of the fall in the value of BTC and altcoins, opponents of the cryptosphere have once...

Enterprise analytics company MicroStrategy revealed buying 13,005 bitcoins for $489 M. The company's CEO Michael Saylor tweeted that currently, the company owns over 100.085 BTC purchased for around $2.7 B at an average price of about $26,080 per coin. MicroStrategy has purchased an additional...

Cryptocurrencies on Tuesday, June 22, continue to trade in the red. Bitcoin (BTC) and Ether (ETH) fell 6% and 15% during the Asian session to $32,100 and $1,885, respectively. The largest losses from the top ten digital currencies were incurred by Elon Musk's favorite coin Dogecoin (DOGE). Recall...

CNN will list historical moments in the news in the NFT format as part of the Vault by CNN: Moments That Changed Us project. The NFT collection will include iconic moments from CNN's 41-year history. Non-fungible tokens include exclusive TV channel content, presidential election results, space...

Bitcoin exchanges received licenses from the Central Bank of Portugal, giving them the right to operate in the country. In early 2021, Portugal entered into force a law regulating the operation of trading platforms focused on the cryptosphere. The press center of the Central Bank said that the...