Cryptocurrency News

Chinese mining equipment manufacturer Bitmain will supply US-based TeraWulf with 30,000 Antminer S19j Pro devices. According to the agreement, miners will be delivered monthly from January to June 2022. As a result, the company expects the hashrate to grow by 3 EH/s. TeraWulf plans to go public....

Swiss digital assets investment company 21Shares is presenting the first Solana ETP on a global scale. The instrument will go live today under the ticker “ASOL” on Switzerland’s principal stock market, the Swiss SIX. Thus, investors will be able to follow Solana's investment results with a...

Leading cryptocurrency trading platform Coinbase has revealed plans to create a crypto app store presenting third-party developed products. On June 30, the company published a blog post, where Coinbase CEO Brian Armstrong shared the plans also talking about the path crypto and DeFi have been...

Most of the countries overseen by the Financial Action Task Force on Money Laundering (FATF) have not performed obligations for crypto companies. That is stated in the notification following the results of the plenary meeting of the organization. FATF standards are currently supported by 58 out of...

Soccer player Tom Brady and his wife supermodel Gisele Bündchen partner with crypto platform FTX. The couple's taking an equity stake in the company is a step in the long-term cooperation. 🤝https://t.co/[email protected] @giseleofficial— SBF (@SBF_Alameda) June 29, 2021...

Music, podcast, and streaming service Tidal, owned by payment company Square, will explore the possibility of using non-fungible tokens (NFT) on its platform. That was announced by Jack Dorsey and Jay-Z during a live broadcast on Twitter. In their opinion, the tool will allow artists to manage...

Bitcoin exchange Coinbase, listed on the Nasdaq, has received permission to provide crypto custody services in Germany. That is stated on the website of the country's Federal Financial Supervision Authority (BaFin). According to the announcement, the German subsidiary of Coinbase Germany GmbH is...

New York-headquartered international bank Morgan Stanley acquired 28,289 shares of Grayscale Bitcoin Trust via its Europe Opportunity Fund. The recent filing with the SEC shows that the deal took place in April. The Fund's objective is to get the highest amount of income by investing in assets that...

Earlier this week, it became known that one of the largest banks in South America is ready to work with bitcoin (BTC). Mexican Banco Azteca will be able to become part of the infrastructure for processing crypto transactions, said the head of this financial giant Ricardo Salinas Pliego. The...

On June 28, the asset management ARK Invest applied with the US SEC to create its BTC-based exchange-traded fund. The company's founder and CEO, Catherine Wood, who has always supported innovations, now has a goal to offer a Bitcoin-based product. Despite the present price decline, Catherine Wood...

Along with the fall in the price of Ether (ETH) and the weakening of the network hashrate, there is a rapid decline in processing fees. Computing power on the ETH blockchain at the end of last week plummeted to 449,228 terahesh per second (TH / s), the lowest since March 2021. Ethereum fees are now...

Seychelles-based crypto exchange Huobi renewed user conditions. The new terms define that users in China won't be able to purchase derivatives anymore. However, Chinese customers can continue to use the network for spot trading. Note that spot trading refers to the operation type when the purchase...

The Swiss National Bank (SNB) does not consider it necessary to launch a digital currency. The chief economist of the Central Bank, Carlos Lenz, announced there is no need for a digital franc. The current financial system of the state works fine even without a token. In parallel, Lenz criticized...

Data from Chainalysis shows that Indian's share of crypto investments has gone up to $40 M. Last year, the amount was $200 M. The youngest investors of the country are more tended to invest in cryptocurrencies than in precious metals. Over 15 million Indians are now purchasing cryptocurrencies....

Billionaire Ricardo Salinas Pliego represents the bitcoin camp. It ranks 166th in the world in terms of its capital. Late last week, the financier announced that his bank would be the first in Mexico to handle cryptocurrency. Banco Azteca will handle bitcoin transactions, Pliego said. MicroStrategy...

On June 26, the UK's Financial Conduct Authority (FCA) published a consumer warning on banning the crypto exchange platform Binance from delivering operations in the country. The decision refers to Binance Markets Limited (BML) and the main company Binance Group. The regulatory body didn't clarify...

Tesla CEO Elon Musk often backs his favorite cryptocurrency Dogecoin (DOGE). The posts of a businessman periodically provoke a rise in the value of this altcoin. That is exactly the situation we observe again at the beginning of this...

Iran's Ministry of Industry has allowed 30 crypto mining companies to carry out operations after receiving licenses. The news was published on the official website of the country's regulatory body. Semnan province got six licenses. Alborz, Mazandaran, East Azarbaijan, and Zanjan got four licenses...