Latest Blockchain and Crypto News
Global X Files for a Bitcoin ETF
New York-based exchange-traded funds operator Global X filed with the US SEC to list its BTC Trust on the Cboe BZX Exchange owned by Cboe Global Markets. The trust's administrator will be leading US bank BNY Mellon. It was mentioned in the filing that the Trust aims to mirror the BTC indicators...
Ethereum developer Virgil Griffith violated terms of bail
The infamous crypto entrepreneur, the co-founder of the Ethereum project Virgil Griffith, violated the terms of the pledge and was again behind bars. According to reports, the man was caught trying to access his account on the Coinbase cryptocurrency exchange. The decision to change the measure of...
Stellar Foundation Approached MoneyGram for Acquisition
As reported by Bloomberg on Wednesday, Stellar Foundation, a non-profit organization standing behind the development of the Stellar network and the cryptocurrency XLM, contacted money transfer company MoneyGram on a possible purchase. Bloomberg informs the news was provided by unnamed people...
Bank of Canada recognizes role of CBDC in the digitalization
Initially, the Central Bank of Canada spoke out strongly against the launch of a national digital currency (CBDC). However, at the end of last year, the regulator for the first time made a change in its position on this issue. In parallel, the Canadian Central Bank began to look for specialists in...
Vitalik Buterin Says Ethereum Must Go Beyond DeFi
Ethereum co-founder Vitalik Buterin said in his speech during Ethereum Community Conference (EthCC), held in Paris that Ethereum aims to progress beyond the DeFi space. The 4th EthCC began on July 20 and will end on July 22. Buterin referred to DeFi and cryptocurrencies as the most interesting part...
Bitcoin trading volume fell to annual low
Along with the weakening of network activity, the volume of bitcoin transactions also falls. A study by Arcane Research says the weekly value of cryptocurrency transactions fell to an annual low. This figure has been declining over the past three weeks, analysts said. Last week, trading volume fell...
Elon Musk Revealed He Owns BTC During "The B Word" Conference
On July 21, during Bitcoin-centered "The B Word" conference, Ark Invest's CEO Cathie Wood, Tesla's CEO Elon Musk, and Square's CEO Jack Dorsey had a live discussion with the moderation of Steve Lee. Answering the question about his views on BTC, Musk said "It makes sense to support...
The CEO of UBS bank classified bitcoin as a doubtful asset
According to the CEO of the Swiss bank UBS Ralph Hamers, bitcoin and similar digital currencies should be classified as unverified assets. At the same time, the financier stressed that the number of UBS bank clients who are interested in cryptocurrencies has sharply increased recently. Many...
BTC Goes Up to $31.000: Will It Secure the Support Level?
After falling below $30.000, the Bitcoin price managed to go up by around 7% over the last 24 hours. Currently, the coin trades at around $31.800. Data from a cryptocurrency information platform Bybt shows that as Bitcoin dropped to its 1-month low of $29.360 yesterday, whales stepped in. In one...
The US wants to restrict use of digital yuan at the Olympics
In the United States, Republican legislators believe that it is necessary to restrict the use of the Chinese digital yuan at the upcoming Beijing Olympics. The senators argued their decision, referring to espionage by the PRC. China announced that the digital yuan is going to be used as part of the...
Bny Mellon and Others Back Crypto Marketplace Pure Digital
American investments manager BNY Mellon backs London-headquartered crypto marketplace Pure Digital with State Street and four other banking establishments. As reported by Financial Times, the move is motivated by the increasing interest in crypto by their customers. One of the US ancient banks,...
Osprey Funds CEO doubts US approves Bitcoin ETF this year
According to Osprey Funds CEO Greg King, in 2021, the SEC will not issue permission to launch Bitcoin ETF exchange-traded funds. The expert expressed his forecast during a conversation with employees of Yahoo Finance Jared Blikr and Sanna Smith. The CEO of Osprey Funds recalled the hype in the...
Crypto Exchange FTX Attracted $900 M in Series B
Large crypto derivatives platform FTX headed by Sam Bankman-Fried in 2018, attracted $900 M in the Series B funding phase. Thus, the company's valuation has reached $18 B compared to last year's $1.2 B. Tokyo-based international conglomerate holding company Softbank, American venture capital firm...
Europe wants to tighten rules for sending digital assets
To curb the money laundering activities of cybercriminals, the European Commission proposed tightening the rules for transferring cryptocurrencies. The European Commission intends to reduce the number of large anonymous transactions involving digital assets, given that most of them may be...
Mastercard Announces Crypto Card Initiative
International payments giant Mastercard revealed plans to realize a crypto card program to allow traditional banking establishments as well as crypto enterprises to offer their clients cards for digital asset operations. As stated in the press release published on July 20, Mastercard teamed up with...
US resident is accused of laundering millions through crypto
The US Securities and Exchange Commission announced the opening of an investigation into Florida resident Aaron Govil. He is accused of laundering $ 7 million through mobile applications under his control. According to the agency, the man, being the CEO and directly the developer of the Teledyne...
NFT Marketplace OpenSea Raised $100 M in Series B
Peer-to-peer NFT marketplace OpenSea has attracted $100 M in a Series B funding round headed by Silicon Valley venture capital firm Andreessen Horowitz (a16z). We're expanding! Announcing our $100M raise and $1.5B valuation, led by @a16z 💫 OpenSea is also now cross-blockchain. NFTs that you...
MicroStrategy CEO urged Mike Tyson to buy bitcoins
On Twitter, the world-famous former boxer Mike Tyson asked his subscribers which cryptocurrency he should invest in. He is considering two options - Bitcoin or Ether. Note that many former athletes are actively entering the cryptosphere. Back in the past year, former UFC fighter and ardent bitcoin...
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