Cryptocurrency News

During a speech at the LA Blockchain Summit, Justin Sun stated that Tron is the best blockchain for Decentralized Finance (DeFi) protocols, most of which run on Ethereum today. “We are building the same DeFi ecosystem as Ethereum,” Sun said. “Tron has its version of all broadcast products....

The computing power on the Ethereum network has been growing steadily since January 2020. According to the Glassnode team, the hash rate jumped 80% in the first nine months of this year, exceeding 250 terahesh per second (TH / s). Researchers have linked the record high miner activity to the...

The People's Bank of China (PBOC), the country's central bank, has already conducted pilot digital currency transactions (CBDC) worth 1.1B yuan (~ $ 162 million). That was announced by the deputy head of the NBK Fan Yifei at the virtual conference Sibos 2020 organized by SWIFT. As of the end of...

The U.S. Securities and Exchange Commission sued John McAfee, an English-American computer programmer and entrepreneur. SEC claims that he made more than $23.1 million in secret compensation from advising 7 digital asset donations on Twitter that were actually fake and misinforming. McAfee...

The European Central Bank expects that the digital euro (CBDC) will be used not only in the European Union but also in other countries. That is stated in the report of the regulator, published at the end of last week. It also notes that research into the creation and application of CBDCs will...

The British politician Godfrey Bloom is known as a protestor against the banking system terming it a hoax and saying that the entire institution is meant to steal from people. Godfrey Bloom worked as a Member of the European Parliament (MEP) for Yorkshire and the Humber till 2004 to 2014. He's an...

The Bitcoin Volatility Index fell earlier this month to its lowest level since November 2018. Last Sunday, the BTC volatility index fell to 0.028 points. Last week, the largest digital currency fell below $ 10,500. Analysts linked the weakening of bitcoin to the attack of American regulators on the...

Crypto investors Cardano and TRON using the eToro crypto exchange will be able to earn interest on their investments, according to the company. For example, if staking generates a 6% ROI, investors will earn 4.5% to 5.4% on their crypto holdings. The exact quantity that investors will gain depends...

Cryptocurrency exchange Bitfinex, in partnership with the Celsius Network platform, will provide its users with the opportunity to receive rewards from storing Bitcoin (BTC), Ethereum (ETH), and XRP. According to the press release, starting October 15, Bitfinex customers will be able to create and...

Digital currency Dash in the last 24 hours has risen in price by almost 5% to $ 70.6 after the developers reported on a successful network upgrade. Altcoin capitalization now exceeds $686.86 million. The Dash Core Group team on September 30 announced the launch of an updated version of the...

There are different opinions about the first debate of the 2020 US presidential elections. This event is of course being discussed by crypto users a lot. Recall that last time there was a presidential debate, Bitcoin’s Price Was $630. Many things have changed since 2016, but one thing is...

Venezuela decided to finance foreign trade operations in crypto. President Nicolas Maduro said that, first of all, Caracas wants to expand the use of the national crypto Petro. In addition to Petro, the government can use other digital currencies if necessary. The corresponding bill has already...

Digital currency exchange Coinbase added staking profits for the native currency of the Cosmos platform Atom. Formerly Coinbase included maintenance for blockchain platform Tezos (XTZ). Staking becomes possible for the traders from U.S., Britain, France, Spain, Netherlands and Belgium. This refers...

The market capitalization of the stablecoin Tether (USDT) continues to rise, surpassing $ 15.4 billion this week. The supply of digital currency is growing even amid skepticism from many analysts who doubt Tether has reserves to meet its obligations to investors. Recently, the Weiss rating agency...

Twitter founder Jack Dorsey continues to point to the enormous potential of the largest digital currency. He has repeatedly praised Bitcoin and stressed that it is the only currency on the Internet. Dorsey recently reaffirmed his commitment not only to Bitcoin but also to blockchain technology. He...

Crypto exchange Bitfinex announced the launch of derivatives for stock indices, which are calculated in the stablecoin Tether. New derivatives - perpetual swaps on Europe 50 and Germany 30 - offer access to traditional equity markets. Europe 50 is the STOXX Europe 50 index, which covers 50 stocks...

Transactional activity on Ethereum has confidently started to increase this summer. The expansion of the DeFi decentralized finance market has become a central driver of the network's growth. Despite the fears of some skeptics, this ecosystem continues to evolve, attracting more and more users....

Singapore-based exchange firm Huobi Global told that now HUSD Stablecoin trading is on their platform. The news became known on September 25. Additionally, Huobi Global informed that the HUSD stablecoin would trade against VeChain (VET) and (Bytom) BTM in the spot market. HUSD is a stablecoin...