Cryptocurrency News

London-based financial technology Revolut received approval from the Cyprus Securities and Exchange Commission to provide cryptocurrency services in the European Economic Area (EEA). The regulator awarded Revolut the status of a crypto-asset service provider. It's the first such license granted by...

On August 13, the Monero team successfully implemented a hard fork to update the protocol of the privacy-focused cryptocurrency. As part of the upgrade, the Bulletproofs algorithm has been upgraded to Bulletproofs+. As a result, the size of transactions decreased, and their speed increased. It is...

In the last 24 hours, the price of the memecoin Shiba INU grew by around 25%. Currently, SHIB trades at around $0.00001572. It got ahead of Avalanche (AVAX) in terms of market cap and now is the 12th largest crypto with over $8.5 billion. The Shib ecosystem is expanding, with the game called Shiba...

Financier, the CEO of global investment company SkyBridge, Anthony Scarmucci is optimistic about the future of the crypto industry. In a recent interview with CNBC, he mentioned the progress in crypto, such as the improvement of the Lightning Network, the increase of applications, the ease of...

The Bangko Sentral ng Pilipinas announced it will stop the process of granting licenses to virtual asset service providers for 3 years. According to a memorandum by the Bangko Sentral, the Monetary Board took a modified approach to establish a balance between encouraging financial innovation and...

On August 10, Netherlands officials arrested a Tornado Cash developer. According to a publication by the state agency investigating financial crimes, the 29-year-old suspect is involved in hiding illicit financial activities, making money laundering easier by mixing cryptos via the Ethereum-based...

Quotes of the second largest crypto by capitalization have overcome the level of $2000. Ethereum last traded near this mark at the end of May 2022. ETH/USDT Hourly Chart on Binance Exchange. Data: Trading View. According to CoinGecko, over the past day, the asset has risen in price by almost 7%,...

Since the beginning of 2022, the Coinbase cryptocurrency exchange has suffered heavy losses on many fronts. It fell to 14th place in the ranking of platforms in terms of trading volume in the spot market. The researchers emphasized that if in January Coinbase accounted for up to 10.7% of the total...

Brazilia-based digital wallet application and payments solution PicPay started providing crypto services to more than 30 M users. Through the platform, users can buy, hold, and sell cryptos in a direct way. PicPay teamed up with the blockchain tech company Paxos to enable users to access cryptos....

Leading investment management company BlackRock revealed a spot Bitcoin private trust. The firm said it aims to offer clients different investment options. Currently, BlackRock's Bitcoin Trust is available to US institutional customers. The product seeks to follow the BTC price, reduced expenses,...

Mining companies eased the pressure on bitcoin in July by reducing sales of the cryptocurrency. Nevertheless, they did not completely abandon the sale and sold part of the BTC they mined last month. Mining pools sold 3,767 BTC in July, according to the Hash Rate Index. During the same time, they...

Billionaire Mark Cuban is facing a lawsuit for promoting the crypto brokerage company Voyager Digital, which became bankrupt amid the crypto market crisis. The lawsuit also says Cuban misrepresented the company on various occasions, making statements that the platform is cheap and offers...

Crypto exchange dYdX announced blocking user accounts that interacted with transaction mixer Tornado Cash after the US Treasury imposed sanctions against the program. dYdX released a blog post saying they have made changes within the limits of compliance rules that have unbanned certain addresses....

The night before, cryptocurrencies went on the offensive along with the stock market. Bitcoin was able to offset the losses it suffered in two days and briefly rose above $24,000 again. At the time of publication of this review, the largest digital currency was trading at $23,852. BTC...

The Cyberspace Administration of China (CAC) announced the blocking of 12,000 social media accounts that promoted cryptocurrencies and attracted investors. According to the regulator, information was spread through Weibo, Baidu, Tieba, WeChat, and other platforms about “easy money on digital...

ARK Invest founder and CEO/CIO Cathie Wood finds that the world's largest asset manager, BlackRock's entry into the crypto sector may have a significant effect on the price of Bitcoin. Several days ago, crypto exchange Coinbase revealed a collaboration with BlackRock with the aim to offer crypto...

Pinata, a platform for NFT-focused media distribution, has secured $21.5M in total from Pantera Capital, Greylock, and other investors. Kyle Tut, co-founder and CEO of Pinata, reported that Pantera Capital, Greylock, and Offline Ventures led the $18M Series A and $3.5M seed rounds, with...

2021 has become a breakthrough year for the cryptocurrency industry. It was at this time that the number of terminals for operations with digital currencies increased dramatically in the world. according to a report by CoinATMRadar. In 2022, the pace of ATM installations slowed down as the industry...