Latest Blockchain and Crypto News

Increasing by around 18% over the previous 7 days, Bitcoin's price surpassed $46.500 for the first time since the May market crash. At the moment, the price stands at over $45.400 with a market cap of about $853.7 billion. Ethereum price has surged too. On August 7, it surpassed $3000. Today it...

Based on official statistics, over the past six months of 2021, the amount of venture capital investments in digital assets exceeded the figure for all previous years combined. Despite this unconditional fact, it cannot be denied that the crypto industry experienced a lot of volatility earlier this...

In July 2021, there was a weakening in the activity of users of decentralized cryptocurrency exchanges (DEX). Trading volume fell to $ 56.47 billion last month. Analysts have found that trader activity has been declining over the past few months. UniSwap, deployed on Ethereum, still tops the list...

The exchange-traded fund BITH11, which is managed by Hashdex, has announced its intention to invest part of its assets in green technologies and so-called carbon credits. Thus, the company's management wants to create the country's first purely green ETF. For example, Hashdex wants to start the...

Data provided by DappRadar.com shows that the decentralized gaming platform Axie Infinity, launched in 2018, surpassed $1 B from NFT sales. Thus, Axie became the first NFT game to break above this mark. Currently, there is $1,055,735 worth of tokens from the Pokémon-inspired NFT game traded via...

The founder of the famous art organization Jumbish, Shankar Mridha, said that his company is going to soon join the NFT market and start selling art collectibles, which are securities and tokens. According to reports, the uniqueness of this event will be the moment that the Jumbish NFT Marketplace...

On August 5, Ethereum London hard fork was launched, changing the way miners get rewards. The network's new fee-burning mechanism, called Ethereum Improvement Proposal (EIP-1559) has removed around $49 M in Ether from circulation. EIP 1559 came to replace Ethereum's previous fee-calculation...

Brian Brooks, a former U.S. Acting Comptroller of the Currency who started his service as the CEO of Binance US in early May, revealed leaving the position. The executive disclosed the news on Twitter on August 6, saying that in spite of differences over strategic approaches, he wishes the company...

The US Senate is discussing a crypto provision put forward by Rob Portman, Mark Warner and Kyrsten Sinema. That suggests increasing requirements for crypto brokerage reports to the IRS and filing for transactions on certain kinds of digital assets. The provision was narrowed down later, however,...

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...