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blockchain.com

Blockchain.com buys Altonomy OTC platform for $250 million

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Cryptocurrency exchange and wallet provider Blockchain.com has acquired Altonomy, an OTC platform that specializes in providing liquidity in altcoins. The deal amounted to $250 million in cash and shares. Founded in 2018 in Singapore, Altonomy will allow Blockchain.com to expand its trading...

Ronin network hack

Ronin Blockchain Platform Was Hacked and Lost Over $600 M

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Hackers managed to steal around $625 M by exploiting the popular web3 video game Axie Infinity’s Ronin sidechain. A press release published by Ronin Network says the platform suspended activities on the bridge and the decentralized exchange platform Katana. It also reveals that starting on March...

Cardano

The number of whale addresses in the Cardano network grew by 1.7%

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Over the past seven days, the capitalization of the Cardano cryptocurrency (ADA) has grown by almost 23% to $40.143 billion. Altcoins are very popular among whale wallets. In February, the largest ADA addresses holding from 1 million to 10 million coins accumulated almost 25% of the total supply of...

Phemex

Phemex Listed 47 New Tokens for Spot Trading

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Trading is an actual source of passive income and a reasonable investment opportunity in the crypto domain. And if you want to start trading crypto, tokens are usually one of the better choices. Tokens are created by cryptocurrency companies that want to raise money. Investors who are interested in...

Vietnam

Vietnam to develop legislation for digital currencies

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Over the past few years, the Vietnamese authorities have periodically appealed to the citizens of the country with a call not to invest in cryptocurrencies. However, interest in such assets in the country, on the contrary, continues to grow steadily, and officials can no longer ignore this trend....

LUNA reaches all-time high

LUNA Coin Hit a New All-Time High of $107

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LUNA, the native coin of the Terra blockchain, increased by 15% in the last 7 days and set a new all-time high of $107. The LUNA has grown in the last month significantly as a Singapore-established non-profit organization Luna Foundation Guard bought more than $3 bln worth of BTC as an additional...

Japan

Japan plans to strengthen control over cryptocurrency exchanges

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The Japanese government plans to amend the legislation on currency regulation. In parallel, it plans to strengthen control over cryptocurrency exchanges and services as part of compliance with the sanctions legislation. According to Cabinet spokesman Hirokazu Matsuno, Japan will adhere to a policy...

Greenidge Generation

Greenidge Generation raises $108M to triple hashrate

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Mining company Greenidge Generation announced that it has raised $108 million. The funds will be used to triple the amount of computing power to 4.7 EH/s. $81.4 million in the form of a loan was provided by a firm affiliated with NYDIG, $26.5 million - was in the form of a promissory note...

DeSo blockchain

Decentralized Social Blockchain Surpasses 1.5 M Users

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Project specialized in hosting social media platforms and apps, Decentralized Social (DeSo) announced that the number of accounts created on the network has passed 1.5 M. Currently, the native coin of the blockchain, DESO, trades at around $59. In the last 7 days, the DESO price increased by around...

Solana

Solana price increased by more than 15% in a week

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The altcoin SOL, based on the Solana blockchain, has grown in value by 15.19% over the past seven days. Its rate strengthened to $102.45. The capitalization of this cryptocurrency increased on the night of Monday, March 28, to $33.386 billion. In November last year, SOL hit a historic high of...

White House US Budget crypto

President Biden's Proposal Expects $10 B in Crypto Tax By 2032

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The Office of management and budget of the White House released the budget of the US government, for the fiscal year 2023. According to the proposal, the government could establish new rules for digital assets which would generate an additional $11 bln by 2032. The proposal also expands the ability...

Altcoins like DhabiCoin DBC, Cardano ADA, and Axie Infinity AXS heat up market

Altcoins like DhabiCoin DBC, Cardano ADA, and Axie Infinity AXS heat up market

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The swing of BTC has marked the last two weeks of the cryptocurrency market. In contrast, alternative cryptocurrencies like DhabiCoin (DBC), Axie Infinity (AXS), and Cardano (ADA) soar in the market. BTC has been accumulating a period of low prices due to the interference of macroeconomic issues...

El Corte Ingles crypto exchange

El Corte Inglés to Create Its Crypto Exchange with Deloitte

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European leading department store, El Corte Inglés plans to launch its cryptocurrency exchange for the customers. Reportedly, the company partners with Deloitte for technological solutions. According to the Spanish news provider El Confidential, Deloitte will develop a platform via which El...

Bitcoin

The price of bitcoin has overcome the level of $47,000

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On Monday, March 28, the quotes for the first cryptocurrency exceeded $47,000. The capitalization of the asset is $893 billion. At the moment, the price of bitcoin reached $47,650, the highest since the beginning of 2022. As a result of the volatility in the futures market, positions worth more...

Coinbase Mercado Bitcoin

Coinbase Interested in Acquiring Mercado Bitcoin Parent Company

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Leading crypto exchange platform Coinbase is in talks to buy Brazil's largest crypto exchange and unicorn Mercado Bitcoin owner 2TM. Brazilian news media platform Estadão reported on March 27 that the two companies have been holding negotiations from the past year, and they may announce the...

LEumi

Israeli bank Leumi Bank will start trading cryptocurrencies

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Israel's leading bank, Leumi Bank, has confirmed the creation of a digital division supporting BTC and ETH. We are talking about the recently launched trading platform Leumi Pepper Invest. Through this platform, clients of a financial institution will be able to make a variety of transactions...

Aave

AAVE token soared over 40% in a week

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According to DeFiLlama, the value of funds locked in the Aave DeFi protocol increased to $13.19 billion on March 25. Over the past 24 hours, the price of the project’s underlying asset, the AAVE token, has increased by another 9.22% to $172.38. The capitalization of this digital currency today...

Janet Yellen news

Janet Yellen Acknowledged Crypto Plays a Significant Role

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During an interview with CNBC program Squawk Box, US Secretary of the Treasury Janet Yellen said crypto has a major role in investment decisions for Americans. Yellen restated her concerns towards digital assets viewing them as a threat to financial stability. Also, she mentioned the need to...

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