Cryptocurrency News

On September 3, South African financial regulatory body, the Financial Sector Conduct Authority (FSCA) urged people against leading crypto exchange operator Binance. The press release, published by the authority, says Binance doesn’t have permission to offer advisory or intermediary services in...

Having increased by around 63% in a week, the price of Solana (SOL) reached a new all-time high of $150 on CoinMarketCap. A few days ago, SOL got ahead of Dogecoin in terms of market cap. Now it's the 7th largest cryptocurrency with over $42.3 billion total value of mined coins. Solana ecosystem...

For the first time since May 2021, the trading volume of digital currencies in the spot market exceeded $ 1 trillion, according to a review by the Block Research team. According to her, in August, the number of transactions with cryptocurrencies on exchanges reached about $ 1.07 trillion. In June...

In mid-June, the International Monetary Fund criticized the actions of the El Salvadorian leadership legalizing bitcoin. According to the representative of this organization, Jerry Wright, the recognition of cryptocurrency as a means of payment creates a dangerous precedent. The stability of the...

In a survey of residents of the European Union, researchers found that people want local governments, not Brussels, to handle crypto regulation. The survey conducted by Redfield & Wilton Strategies for the Euronews TV channel included respondents living in Greece, France, Estonia, Germany,...

The developers of the Cream Finance decentralized protocol will reimburse affected users for the losses resulting from a recent attack using instant loans. The project will allocate 20% of the fees for this purpose until the entire amount is repaid. The developers are also ready to pay 10% of the...

Among crypto investors, there are twice as many men as women, according to a study by CNBC and Momentive (formerly Survey Money). Decrypt found out how this data is perceived in the industry. According to the survey, 16% of male respondents have invested in digital assets. Among women, this share...

Gary Gensler, who is the head of the Securities and Exchange Commission (SEC), has repeatedly stated the need for the gradual implementation of legislation governing relations in the cryptocurrency industry. According to Gensler, the regulatory framework will ensure the protection of investors and...

The Glassnode team recorded a sharp drop in the number of bitcoins (BTC) on the Coinbase cryptocurrency exchange. According to researchers, the volume of digital currency on Coinbase is now at its lowest level since December 2017. Moreover, the outflow of coins had continued since May of this year,...

The Larva Labs development team known from CryptoPunks has partnered with United Talent Agency (UTA), whose clients include Johnny Depp, Wes Anderson, and Susan Sarandon. In addition to actors and directors, the talent agency also partners with musicians, comedians, and digital artists who are...

Former US President Donald Trump has previously repeatedly criticized Bitcoin and the cryptocurrency market in general. According to him, such tools are used by criminal structures and rogue states. In addition, virtual currencies do not have any material support, which creates additional risks for...

Ethereum transaction fees have started to rise since August 22nd. Last Friday, August 27, the average commission on the blockchain reached $ 38.3 - this is the highest value since May 2021. Ethereum fees have continued to climb despite recent updates from London and EIP-1559. Since mid-August, the...

Many central banks periodically criticize Bitcoin and other digital currencies. Last week, the People's Bank of China criticized digital currencies and urged citizens to stay away from such instruments. The Reserve Bank of South Africa has joined those regulators who refuse to recognize digital...

Residents of El Salvador protested against the country's first cryptocurrency legalization. They are worried about the rise of corruption. The Salvadoran Association of International Freight Carriers has demanded an amendment to the bill, removing the obligation to accept digital gold as payment....

Critics of cryptocurrency derivatives do not understand how important these financial instruments are in increasing the liquidity and efficiency of digital asset markets. The head of the FTX platform, Sam Bankman-Fried, said this in an interview. “This is a somewhat misunderstood area. Many...

Over the past 30 days, the NFT-centric OpenSea platform has had a trading volume of $ 3.11 billion. During the month, the marketplace recorded more than 195,000 unique users who made 2.22 million transactions. According to Dune Analytics, in August the marketplace's trading volume exceeded the...

The national treasury of the US proposes to adopt new crypto reporting rules in a $3.5 trillion budget reconciliation bill. Roll Call, a Washington D.C. website delivering Congress news, posted a report. An administration official whose identity is disclosed told Roll Call the Treasury proposed...

According to Steven Stonberg, CEO of the Bittrex cryptocurrency exchange, the United Arab Emirates has real opportunities to become a center for the development of blockchain technologies. One of the largest cities in the Middle East, Dubai is already on the list of innovative regions. If a...