Cryptocurrency News

Over the past few weeks, investment companies have been investing in crypto funds. If in January, on the contrary, there was an outflow of capital from products focused on digital assets, then already this month institutionalists again began to show increased interest in such tools, according to a...

Investor, entrepreneur, Shark Tank star Kevin O'Leary said in a tweet that Bitcoin is not just a coin or cryptocurrency; it's a software. He answered the institutions that criticize him for investing in BTC, that for him it's completely the same, to invest in BTC or to own large shares in tech...

By the summer of 2022, Colorado authorities will allow paying taxes and fees in crypto. That was stated by the state governor Jared Polis during the ETH Denver conference. According to him, the reason for this decision is to increase the comfort of users and increase the speed of payments. Polis...

KB Asset Management, a member of the largest South Korean financial conglomerate KB Financial Group, has announced the launch of a fund focused on retail clients concentrated on crypto products in the form of indices and ETFs. Currently, financial institutions in the country are limited in...

The Italian authorities published last week a law to combat money laundering through digital currencies. The document was approved by the government in January. It lists the requirements for crypto companies providing digital asset exchange services, local media reported. Each crypto company must...

Huangpu Customs (Guangdong Province, China) announced the detention of 49 used bitcoin miners. They tried to transport them across the border, indicating false information in export documents, local media reported. The discrepancy was revealed during the inspection of goods declared as “shoe...

Crypto influencer, Ethereum co-founder Vitalik Buterin said in an interview with Bloomberg that investors might face another crypto winter, mentioning that it isn't entirely bad news. According to him, current low prices provide opportunities to invest and receive increased returns when prices go...

The president of El Salvador, Nayib Bukele, responded to the US Senators, who published a paper analyzing the country’s Bitcoin adoption. He said that the US congresspeople don't have any right over an independent country. Via a tweet, Bukele said that they should stay away from the country's...

According to the judge's decision, Ripple unveiled legal advice documents that it had requested by law firm Perkins Coie LLP. Ripple former chief executive Chris Larsen applied to the law firm, which delivered two memos in February and October 2012. In February, Perkins Coie recommended Ripple...

The activity of bitcoin-miners is intensifying even against the backdrop of the retreat of the cryptocurrency. While BTC is getting cheaper, the network hash rate continues to grow. According to Blockchain.com, computing power set a new record this week, reaching 211.9 exahash per second (EH/s)....

The hacker who hacked the AscendEX cryptocurrency exchange in December 2021 began selling stolen assets. According to PeckShield experts, the attacker exchanged ERC-20 tokens, including Route, Rio Fuel, MATIC, REVV, Clearpool, and MAPS, for Ethereum through the Uniswap decentralized exchange. The...

A bill has been introduced in the Illinois State Senate to extend the data center tax credit program to businesses that mine BTC and other cryptos. The paper was documented by Republican Senator Sue Rezin. Democrat Julie Morrison joined as co-sponsor. The program noted in the bill has been...

As a result of the next recalculation, the complexity of bitcoin mining increased by 4.78% and reached a new all-time high at around 26.97 trillion hashes (T). According to the algorithm, the difficulty is recalculated every 2016 block (approximately two weeks). For the first time in this period,...

Decision Intelligence company Morning Consult published an analyst report on consumer banking and payments, which proves that cryptocurrencies went mainstream. The study shows that the number of US citizens owning crypto is now higher than the number of people that have a certificate of deposits....

Many experts periodically accuse bitcoin of causing great environmental harm. Now Intel CEO Patrick Gelsinger has joined the critics of BTC mining. One transaction record on the blockchain consumes the amount of electricity needed to power your home during the day, the company's CEO said in an...

In several countries this week, they started talking about the need to strengthen control over the cryptosphere. As a result, pressure on the industry began to intensify again, which led to an outflow of capital from digital currencies. The day before, bitcoin tried to approach $45,000. On the...

The content subscription service OnlyFans, which is very popular in the "adult entertainment" industry, is empowering its potential creators. According to an official statement from the developers, the startup has added a feature that allows you to set non-fungible tokens as a profile...

The US SEC started an investigation of the crypto company Binance and two other trading platforms; Merit Peak Ltd and Sigma Chain AG. The two function as market makers that purchase and sell cryptos to Binance US to reduce price volatility. According to a report by Wall Street Journal, the agency...