Cryptocurrency News

Billionaire Mark Cuban invested in the Ethereum L2 scaling solution and framework building protocol Polygon. The sum of the investment wasn't announced. Polygon was added to Cuban's website as part of his capital. 🔥 @mcuban is one of the most prolific and insightful investors with investments in...

According to HSBC CEO Noel Quinn, his bank is not yet ready to work with cryptocurrencies. Shortly, the financial giant does not plan to launch a service for operations with digital assets or open a specialized division. Bitcoin and other cryptocurrencies are extremely volatile instruments, the...

As many experts expected, investors in the TON crypto project initiated a lawsuit against Pavel Durov’s team. Oleg Zhelezko, representing the investment fund Da Vinci Capital, told RBC that the claim will be considered by a London court. The fund manager emphasized that the plaintiffs consider...

Back in the fall of last year, the Bank of Korea announced the start of testing the national digital currency (CBDC). According to the Central Bank, testing of the token tied to the won should begin as early as 2021. According to Reuters, tests of the digital won should begin in August. They will...

In several provinces of China, in early May, miners began to be disconnected from the power supply. In parallel, the country's authorities announced tough measures to suppress crypto mining. According to Reuters, BTC.TOP and HashCow have already been suspended in China. Later it became known that...

The youngest crypto billionaire, Ethereum co-founder Vitalik Buterin issued a paper with the title "The Limits to Blockchain Scalability". There he wrote about Elon Musk's announcement that Dogecoin can speed up its block time 10X, boost block size 10X and reduce fee 100X. Vitalik...

On May 24, Elon Musk tweeted about Doge, suggesting people interested in the coin's development share ideas on GitHub and Reddit forums. If you’d like to help develop Doge, please submit ideas on GitHub & https://t.co/liAPQMFaQB @dogecoin_devs— Elon Musk (@elonmusk) May 24, 2021 ...

American billionaire entrepreneur, the founder of the largest hedge fund Bridgewater Associates, Ray Dalio disclosed he holds some Bitcoins during Coindesk's 2021 Consensus Conference. The billionaire talked about types of inflations stating he prefers Bitcoin over a bond in such case. He finds...

In honor of the annual holiday Bitcoin Pizza Day, the management of the Dutch franchise Domino's Pizza offered employees to receive a salary in the first crypto. Immensus Holding operates 16 Domino's pizzerias in the Netherlands with over 1000 employees. They will be able to decide how much of...

Santiment data shows that the whales have taken advantage of the drop in ether to buy cryptocurrency at comfortable prices. The number of wallets. containing more than $ 100,000 of ETH rose to its highest level since January 2018. Whales have intensified amid falling altcoin prices from $ 4,358 to...

The US government agency Office of the Comptroller of the Currency will reconsider the crypto policy put forward by the previous management last year. Michael Hsu, who was assigned the role of Acting Comptroller of the Currency on May 10, made the request. He said that OCC has always been...

The Bank of Canada has had a negative attitude towards Bitcoin and other cryptocurrencies over the past few years. Back in 2019, the head of the Central Bank Stephen Poloz noted that it is better to use fiat money, not BTC. A similar statement was published by the Canadian regulator at the end of...

American multinational investment bank Goldman Sachs recently recognized cryptocurrencies as a category of assets. The screenshots were published on Twitter by economist Alex Krueger. Crypto, a new asset class - quite a comprehensive report by Goldman. pic.twitter.com/FP2sewJCTx— Alex Krüger...

While most cryptocurrencies have been seeing major declines through the week, some of the BTC exchange-traded funds of Canada face problems. The news came from Financial Times which announced that two funds run by Horizons ETFs issued a market disruption warning for investors. That is a situation...

On Friday China reiterated its approach towards BTC mining and trading operations restriction. The crypto market crash continues. BTC price has lost over 22% during the previous 7 days. Currently, it trades at around $37.000 with a market cap of $697 billion. China's Vice Premier Liu He and the...

The US National Treasury issued a report which defines new regulatory terms for cryptocurrencies. Transactions worth $10.000 and more must be reported to the IRS. This proposal was made in terms of president Biden's suggested American Families Plan. It puts forward a number of changes like...

On May 20 Ethereum co-founder Vitalik Buterin gave an interview to CNN business. Talking about the recent crash in the crypto market, Buterin said it didn't surprise him. According to him, cryptocurrencies are in a bubble, and it's difficult to guess when they will rise. Buterin said it can happen...

Against the backdrop of the market collapse, cryptocurrency billionaires have lost a total of $ 15.5 billion. The publication estimated the losses of major industry players over the past nine days. FTX CEO Sam Bankman-Fried lost the most in dollar terms. According to Forbes, on May 10, his fortune...