Cryptocurrency News

Ukraine is not only moving towards creating its digital currency, also the country wants to allow the use of bitcoin when paying for goods and services. The government's position was expressed by Deputy Minister of Digital Transformation Alexander Bornyakov. Holders of digital assets will be able...

The bitcoin (BTC) rate on Friday, August 6, is holding around $ 40,800. During the day, the cryptocurrency tried to gain a foothold above $ 41,000, but it did not have enough support to hold positions. Bloomberg strategist Mike McGlone recently stated that BTC has a realistic chance of repeating...

The head of the SEC, Gary Gensler, recently announced the need to legalize the cryptocurrency industry as soon as possible. In his opinion, the SEC should control this market. Gensler proposed to classify digital assets as securities. However, there is another important regulatory body in the...

The market for digital assets backed by fiat money will grow rapidly over the next four years. According to the forecasts of the CEO of Unstoppable Domains, Matthew Gould, by 2025, the capitalization of stablecoins will reach $ 1 trillion. The businessman expressed his point of view in an interview...

Widely popular crypto exchange Binance revealed that its trading option of crypto-derivatives stops being available in Hong Kong. As stated in the release published today, the new rules come into effect immediately, disallowing newbies to create accounts and implement operations crypto derivatives...

Back in 2018, the Venezuelan authorities introduced the Petro digital currency. President Nicholas Maduro then promised that every coin would be backed by the oil produced in his country. However, as subsequent events showed, interest in Petro turned out to be practically zero, both on the part of...

The USA Senate is currently discussing an infrastructure project that includes crypto. A bill presented on August 2 offered to gather $28 M from the industry. That would be achieved via transaction records and new reporting rules for crypto brokers. The bill wasn't received well by everybody....

In the summer of 2018, Google banned the publication of advertising content dedicated to investments in digital currencies. It motivated the decision by the fact that many fraudulent projects related to the cryptosphere appeared on the Internet. However, in June of this year, the IT giant announced...

According to Galaxy Digital CEO Mike Novogratz, the American authorities harm the state’s economy by slowing down the process of legalizing the cryptosphere. The billionaire expressed his position on Twitter and stressed that officials and politicians who are skeptical about Bitcoin are creating...

The popular MakersPlace platform, whose activities are aimed at trading tokenized collectibles, announced the completion of the Series A funding round. According to reports, the project was able to raise about $ 30 million as part of fundraising. The trading platform is quite popular among...

Leading crypto exchange CoinBase stopped BSV trading after the recent attack. On August 3, after the news that the BSV protocol suffered a 51% attack, Coinbase reported about the decision. Hackers managed to reorg more than a dozen blocks and mine 3 chains at the same time. Although the Bitcoin...

The non-custodial trading platform dYdX will issue a management token, part of which will be distributed to users during the airdrop. The project website says that 75,000,000 DYDX (7.5% of the emission) will be available to users who have used the platform until July 26, 2021. To participate in the...

Launched by Mila Kunis’s Orchard Farm Productions, the animation show Stoner Cats raised 3,647 ETH in 35 minutes of the token sale. A collection of 10 420 NFTs in the form of digital cats was put up for sale for 0.35 ETH each. Asset owners will have access to episodes of the show. The project...

One of the most crypto-friendly financial companies, Square, has officially announced its intention to expand the range and geography of its services through the acquisition of a large Australian firm. We are talking about the credit company Afterpay, the estimated value of which is $ 29 billion....

BSV (Bitcoin Satoshi Vision), a fork of Bitcoin Cash, created in 2018, suffered a major attack of 51%. That happened on August 3, about 11:45 am when the hackers were able to alter the system creating 3 different chains that were mined together. The news was first published by the network data PM...

A $1 trillion infrastructure bill is currently being discussed in the US Senate. The plan is meant to increase the US funds and make improvements in the country. Crypto, particularly its tax-reporting and transactions are a part of the bill. The provision aims to raise $28 B from the sector. Senate...

The trading volume of NFT markets along with average prices have gone up to new highs over the previous week, especially during the weekend. According to data provided by the dapp analytics platform DappRadar,the NFT marketplace OpenSea reached $35 M traded volume on July 31 and $49 M on the next...

An institutional intermediary firm that allows its customers to buy bitcoins through the purchase of generated products, SkyBridge, has announced the acquisition of more than 38,000 tokenized carbon offset credits. The company announced this yesterday, August 2, in the afternoon. In a statement,...