Cryptocurrency News

The CEO of the largest crypto exchange by volume, Binance, said that it would be unethical for Binance to block all Russian accounts. In an interview with Bloomberg, Changpeng Zhao (CZ) said that the exchange follows sanctions rules very closely, and whoever is targeted by sanctions won't be able...

The Chicago Mercantile Exchange (CME) will launch option contracts, the underlying assets of which will be microfutures on Bitcoin and Ethereum. Trading in instruments will start on March 28, 2022, after approval by regulators. “Option contracts will allow traders to effectively hedge market...

Ken Griffin, the CEO of American hedge fund and financial services provider Citadel announced that the company is considering entering the crypto market and offering clients digital assets services this year. In a recent interview, he said that the growth of the crypto sector proved that his...

Whale wallets have been aggressively buying bitcoin over the past few weeks. According to the Glassnode platform, the largest addresses controlling at least 1,000 coins took advantage of the winter sales and market decline. They have significantly increased their reserves in BTC. Now the number of...

A study by recruitment company Deel says there has been a significant increase in the number of people who are paid wholly or partly in cryptocurrencies. The share of such employees increased last year by about 10%. Moreover, the researchers note that not only actors, athletes, and politicians...

Adam Aron, the Chief Executive Officer of the movie chain, AMC Entertainment, wrote on Twitter that Dogecoin and Shiba Inu payments will be available soon. The option will become available on the website by March 19 and it will go live on mobile applications by April 16. AMC partners with crypto...

South African-based cryptocurrency exchange VALR closed a $50 million Series B funding round led by Pantera Capital. Funding was also provided by Alameda Research, Cadenza, CMT Digital, Coinbase Ventures, Distributed Global, GSR, Third Prime, Avon Ventures, Bittrex, and 4Di Capital. The...

Jacob Cantele, the lead of operations at the popular crypto wallet, MetaMask (Consensys) talked about the project and development plans. The wallet started in 2016. Now the number of monthly average users is around 21 million. MetaMask also plans to launch its token. The first time the company...

Representatives of the US state of Wyoming proposed for consideration a bill describing the procedure for issuing their digital currency. Based on the information provided in the document, lawmakers are proposing to issue a stablecoin that will be pegged to the US dollar. According to local media,...

The Canadian branch of KPMG, a global network of professionals that provides audit, tax, and advisory services, has acquired an NFT from the collection World of Women (WoW) along with an Ethereum Name Service domain name. KPMG (Klynveld Peat Marwick Goerdeler) is one of the Big Four accounting...

The American crypto company Coinbase, which owns the bitcoin exchange of the same name, announced the end of servicing Russian investors. Another marketplace, Kraken, said it was ready to follow the same path. However, it needs an order from the relevant supervisory authorities, said its CEO, Jesse...

Bitcoin price surpassed $44.000 for the first time since February 17 as the demand for crypto has increased amid the Russian Ukrainian war. In the last 24 hours, the price of Bitcoin rose by 14% and currently stands at around $43.300. Ethereum increased by 11%, reaching $2.900. The total global...

Bitcoin, as a decentralized asset, benefits from any economic or political aggravation in the world. That is exactly the situation we are seeing now. The influence of the tax policy of the authorities also affects. For now, Bitcoin is stable, but a new rally awaits us very soon, analysts at Pantera...

Since the start of January 2022, fees on the Ethereum network have fallen by more than 80%. The average transaction processing fee is now $10.2, up from $52 at the beginning of the year. The decrease in commissions has been observed over the past seven days. On February 27, average network fees...

Local media of India reports that the Supreme Court urged the Indian government lawyers to clarify if cryptocurrencies are legal or not. The legal status of the sector is uncertain as there is no regulatory framework but on the other hand, the Ministry of Finance imposed a 30% taxation rule on...

Bank of America released a note with the title "Digital Assets: In the Flow,” writing that it doesn't see a crypto winter as the market is active both in adoption and in project developments. Crypto trading analysis of individual and exchange wallets reveals a “lack of directional...

The team behind decentralized storage app ArDrive closed a $17.2 million investment round led by Arweave Team, Blockchain Capital, and Sino Global Capital. The corporate-focused ArDrive solution runs on the Arweave protocol. The latter is positioned as an eternal "collective hard drive"...

Leading e-commerce firm eBay considers adding crypto as a means of payment. The president and CEO of the firm, Jamie Iannone said in a phone interview with the financial news provider TheStreet that eBay aims to be the online shopping platform for generation Z and millennials. eBay might make a...