Latest Blockchain and Crypto News
Ripple Got Access to Binance’s Records
The US SEC vs Ripple case can come closer to its solution with Magistrate Judge Sarah Netburn's decision to grant Ripple CEO Brad Garlinghouse access to reports of leading crypto exchange Binance. Per the decision announced on August 3, Ripple’s becoming able to hold discovery across the US...
Coinbase co-funding MakersPlace NFT platform
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...
Coinbase Ceases BSV Trading
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...
dYdX will issue management token and distribute it to users
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...
Users lost 344 ETH while trying to buy Mila Kunis’ NFT show
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...
Square announced its intention to acquire Afterpay
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....
Bitcoin SV Protocol Suffered a 51% Attack
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...
US Senator Rob Portman Presents Crypto Provision
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...
Last Week Was Record-Breaking For NFT Markets
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...
SkyBridge announced buying of 38.5 thousand tokenized quotas
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,...
Institutionals leave cryptosphere despite Bitcoin rally
Fourth-week institutional investors withdrawing funds from crypto-focused products. Moreover, the capital outflow is observed against the background of a sharp strengthening of the bitcoin rate. Let us remind you that last week it was unable to try to gain a foothold above $40,000, but due to the...
Bank of America thinks El Salvador will profit from BTC legalization
Many financial structures reacted extremely negatively to the decision of the El Salvadorian authorities to legalize bitcoin. The negative opinion was presented by the IMF and the World Bank. By contrast, the giant Bank of America believes the country could benefit from such a move. The bank's...
Former Monero developer arrested by US law enforcement
The former developer of the most anonymous and scandalous cryptocurrency project Monero - Riccardo Spagni, was recently arrested by the US police at the request of South Africa. According to reports, the arrest was made while the man was on the plane while refueling in Tennessee. It is known that...
Miami to Issue its Cryptocurrency Miami Coin
Coastal metropolis Miami will present its cryptocurrency MiamiCoin (MIA) on Aug. 3. It will be used to implement city development programs and various events. So, everyone will be able to help the city’s progress by purchasing or mining MIA and the received amount will go to the city's...
CB of China continues to tighten control over cryptosphere
The Chinese authorities will not only put pressure on miners but will also continue to tighten control over crypto traders. The corresponding statement was published at the end of last week by the Central Bank of China. The regulator plans to announce new measures in the coming months that will...
The US should accelerate the development of digital dollar
In the US leadership at various levels, many periodically raise the question of the advisability of launching the digital dollar. Federal Reserve Governor Lael Brainard believes that many states are already moving towards creating a national token. If Washington hesitates, then the country runs the...
MicroStrategy CEO compares buying BTC to investing in FB
MicroStrategy software company is currently on the list of the largest cryptocurrency holders. Moreover, this giant is investing in bitcoin, despite the periodic collapses of the coin. MicroStrategy CEO Michael Sailor said that buying bitcoin is reminiscent of investing in Facebook stock in the...
Bitmain’s Former CEO Jihan Wu’s Matrixport Now Values $1 B
Crypto startup Matrixport, co-founded by digital asset mining firm Bitmain's ex CEO Wu Jihan and Ge Yuesheng in February 2019, raised over $100 M in Series C. Thus, the Singapore-headquartered company's valuation reached $1 B. Matrixport, a financial services company, raised $100 million at a...
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