Cryptocurrency News

On March 23, Ethereum co-founder Vitalik Buterin issued a blog post that covers various aspects of the crypto industry. In the blog post, Buterin also referred to non-fungible tokens (NFTs) saying they can be used for different social objectives like charities or financing common goods. He finds...

Bitcoin is too expensive and volatile, and these factors prevent its mass adoption. This point of view is shared by the governor of the Central Bank of Norway, Øystein Olsen. In an interview with Bloomberg, the official stressed that in the future, BTC will still not be able to replace traditional...

On March 23, online broker Robinhood has filed for an IPO (initial public offering) with the SEC in confidence. The team verified the news by posting a blog post. It's not clear yet how the process will be managed. However, according to Bloomberg, Robinhood considers listing the shares on...

Today, March 24 Tesla CEO Elon Musk announced via Twitter that now it is possible to acquire electronic cars paying in Bitcoin. The business magnate pinned the news on his account. You can now buy a Tesla with Bitcoin— Elon Musk (@elonmusk) March 24, 2021 ...

Digital artist Michael Winkelman aka Beeple sold his painting OCEAN FRONT as a non-fungible token for $6M. The lot was bought by Tron founder Justin Sun. Beeple will donate the proceeds to fight climate change....

Successful entrepreneur, co-founder of major technology company Infosys, Nandan Nilekani says cryptocurrency should be considered an asset class in the country. On March 15, officials announced that the Indian government is going to put forward a bill forbidding crypto assets. Nilekani talked...

Crypto services provider Gemini founded by the Winklevoss brothers informed about listing seven new assets. They represent DeFi, non-fungible, and Web 3 infrastructure sectors. Thus, the amount of offered coins and tokens reached 33. Besides, there are 10 crypto assets for custody. The newly added...

China's digital currency (CBDC) will not be able to become a fully anonymous financial instrument. The concept of a confidential crypto-yuan has effectively failed, said Mu Changchun, head of the Research Institute of the PRC's Central Bank. The expert outlined his position during a speech at the...

Crypto trading network OKEx Korea shared a note informing it will stop operations on April 7. The company urged clients to draw out their fiat and crypto owning by the mentioned date. OKEx Korea is a centralized exchange established in 2017. There are 122 coins listed on the platform. What is the...

On March 22, technical support company Support.com made a merger agreement with Bitcoin miner Greenidge Generation Holdings, after which shares of the company reached new highs. This type of agreement suggests uniting two companies into one. According to the agreement, Support.com will take...

Many European countries periodically inform their citizens about the risks of cryptocurrency investments. EU regulators are also urging people to stay away from Bitcoin and other digital currencies. Recently, the EU Securities and Markets Authority released a report in which it noted that investors...

Fed chair Jerome Powell talked about cryptocurrencies during an online meeting organized by the global financial institution Bank for International Settlements. Powell pointed out the volatile nature of crypto assets, concluding that they can't be a store of value. Hence, he doesn't consider BTC to...

ChainLink (LINK) exchange balance fell to 14.6% of the total cryptocurrency market supply. According to Santiment, the number of LINK coins on marketplaces has been declining since last fall. If in September up to 34% of the altcoin supply was on the exchanges, now this figure has dropped below...

Adamu Lamtek, a senior exec of Nigeria's Central Bank (CBN) informed that cryptocurrency trading isn't prohibited in the republic. In February CBN directed banks to shut down accounts that perform crypto operations. This raised a lot of discussions among the people interested in crypto. Explaining...

Since the spring of 2020, the value of shares of the largest mining companies has been steadily increasing. According to Lior Shimron, representing the research center Fundstrat, in the reporting period, the capitalization of bitcoin added 761%, while the price of miners' shares soared by about...

Online activity on LTC has increased significantly over the past 12 months. According to the Glassnode service, the number of LTC addresses on the blockchain making transactions daily has grown sixfold (from 50,000 to 300,000). The number of new wallets on the network also skyrocketed. In the...

Pi network shared the news on Twitter about releasing Pi Wallet on the Testnet on March 31. In the announcement, the team mentioned that Test-Pi (or test-π) is not a real Pi. It only aims to test transactions on the Pi Testnet and doesn't carry any value. The Test-Pi balance in the wallet may be...

The central bank of Thailand promises to implement regulation of digital currencies backed by fiat money by the end of 2021. At the same time, the regulator emphasized that bitcoin and other unsecured coins will remain outside the legal framework. The Central Bank of Thailand published the...