Cryptocurrency News

The other day it became known that the Monetary Authority of Singapore approved the application of the Paxos crypto company to conduct activities in the country. The decision to issue the appropriate license was taken by all regulatory bodies unanimously. Paxos, by the way, has been afloat for...

US President Joe Biden signed a decree on the control of digital currencies the day before. This document should become the basis for the regulatory framework for the blockchain industry. It states that all major US agencies should work with each other to ensure the safety of investors and prevent...

Senator Elizabeth Warren is drafting a bill to make it harder to circumvent economic sanctions with digital currencies. This politician represents the camp of supporters of strict crypto regulation in the American establishment. She has repeatedly demanded from Congress and the government to...

Against the backdrop of weakening activity on the Bitcoin and Ethereum blockchains, transaction fees have been decreasing over the past few weeks. According to BitinfoCharts, the average Bitcoin transaction fee has dropped to $1.59. Ethereum fees plummeted to their lowest level since August last...

The head of the Central Bank of the Philippines, Benjamin Diocno, at one of the recent events organized by the department, said that the relevant specialists of the Central Bank launched a pilot project to create a CBDC. “The financial system around the world continues to actively transform and...

Texas-based US BTC mining enterprise Blockmetrix has raised $43M in a Series B funding round. According to the statement, the participants were investors from the US, Australia, and Asian countries. The amount of the round exceeded expectations, the startup noted. Blockmetrix will use the raised...

The Bored Ape Yacht Club (BAYC) NFT project team announced that they had donated more than $1 million in Ethereum to Ukraine. According to Etherscan, 388,999 ETH has been sent to the official wallet of the government of the country. At the time of writing, the value of the cryptocurrency is $1.062...

At the end of last year, the Central Bank announced the launch of the digital rupee (CBDC). The regulator analyzed the consequences of integrating the token into the state financial system and concluded that CBDC will become one of the drivers for its modernization. Indian Finance Minister Nirmala...

The EU announced a new decision to extend the scope of sanctions on Russia and Belarus. According to a press release, published by the European Commission, the Members agreed to impose new targeted sanctions related to the situation in Ukraine and in response to the involvement by Belarus. The...

Today, the US Secretary of the Treasury, Jannet Yellen disclosed some details of President Joe Biden’s crypto executive order. According to the publication, the much awaited paper defines a detailed approach to digital currencies. It’ll support responsible innovation due to which the country,...

Recently, the world of digital assets was shaken by the news that Forbes journalist Laura Shin published the book “Cryptopians: Idealism, Greed, Lies and the Creation of the First Big Crypto Craze”. In this book, a woman tells readers about the founding of a certain cryptocurrency platform that...

HIVE Blockchain Technologies has agreed with Intel to purchase BTC mining equipment based on an ASIC chip developed by the corporation. A batch of miners will be made to order by HIVE. Deliveries are expected to begin in the second half of 2022 and be completed within 12 months. The company did not...

An unknown person donated an NFT from the CryptoPunks collection to the Ukrainian crypto fund. The token is valued at over $200,000. Deputy Minister of Digital Transformation of Ukraine for IT Development Oleksandr Bornyakov valued the token at 56 ETH (~$148,000). He likely refers to the cost of...

Leading crypto trading platform and development infrastructure provider Binance announced the launch of its fiat-to-crypto payments company, Bifinity. Bifinity supports more than 50 crypto assets and popular payment methods like VISA, Mastercard, and more. Powered by Binance, Bifinity is a...

Against the backdrop of the war in Ukraine, the Czech company Satoshi Labs has suspended the supply of Trezor hardware crypto wallets to the Russian Federation. It is reported by NBC News. “We do not deliver to Russia,” said company representative Christina Mazankov. According to her, the...

Leading crypto exchange Coinbase announced blocking over 25,000 addresses that belong to Russian users. The company believes that the users were engaged in illegal activities. An article by the Chief Legal Officer of Coinbase, Paul Grewal, states that the platform is committed to complying with...

Cryptocurrency exchange FTX will expand its global presence through the development of the European market. The company created a division of FTX Europe, having received a license from the financial regulator of Cyprus. “As we continue to grow, we are constantly looking for opportunities to...

DeFi architects Andre Cronje and Anton Nell, who have years of experience in developing and leading various projects, made a decision to leave the industry. According to a tweet by Anton Nell, the pair is ending the chapter of contributing to the DeFi/crypto sector. Nell added that there are about...