Latest Blockchain and Crypto News
Elon Musk, Jack Dorsey and Cathie Wood to Discuss BTC
On July 21, at 12:00 p.m. ET. the BTC talk called “The ₿ Word” will take place. In its terms, Tesla CEO Elon Musk, Square and Twitter CEO Jack Dorsey, ARK Invest's CEO Cathie Wood and others will meet in live discussions. Among the members are Square Crypto PM Steve Lee, engineer Conor Okus,...
Turkey to present a crypto regulation bill in autumn
At the end of April 2021, a ban on any transactions with bitcoin and other digital currencies began in Turkey. Crypto exchanges have suspended their activities in this country. However, authorities later announced that the ban was temporary and would soon be lifted. Operations with digital assets...
Most Institutions Will Own Crypto By 2026, Fidelity Found Out
Boston-based international financial entity Fidelity Digital Assets (FDAS) carried out a survey, which shows that the number of institutions investing in crypto will grow considerably by 2026. 1.100 institutional investors from the US, Europe and Asia took part in the study. 70% of them answered...
Economist thinks stablecoin market crisis is inevitable
The US authorities have finally acknowledged the gigantic influence of the stablecoin market. Under the auspices of the Ministry of Finance, a special expert group will begin to work, which will develop a regulatory framework for regulating operations with digital currencies backed by fiat money....
Bitcoin Price Below $30.000 For the First Time in a Month
In the last 24 hours, the price of Bitcoin saw a decline of over 6%. Currently, the coin trades at around $29.750, which is the lowest level in terms of a month. BTC's current rate is under half-price of its all-time high of over $64.800 reached on April 14. Its market cap stands at around $558...
Hong Kong and Lithuania remind Binance to license company
Crypto company Binance continues to face claims from regulators around the world. This week, Hong Kong and Lithuania urged exchange management to register with local jurisdictions to be eligible to work with crypto traders. Otherwise, the company will face problems. The Hong Kong regulator reminded...
The US to develop legislation for stablecoins
Federal Reserve Chairman Jerome Powell this week announced the need to regulate digital currencies backed by fiat money. The appeal of the American regulator was heard at the Ministry of Finance. It became known yesterday that the country's financial department will create an expert group that will...
ARK Invest Acquires Another $54 M Square Stock
NY-based investment management ARK Invest has increased its stock holdings of the payments services company Square headed by Jack Dorsey. The company purchased a total of 225,937 shares as mentioned in its daily holding files. This move came a few days later after Twitter CEO Jack Dorsey shared the...
SoftBank Invests $75 M in the Crypto Platform Bullish
Japan’s global financial institution SoftBank invested in the crypto platform Bullish owned by businessman, and philanthropist Peter Thiel. Particularly, the company’s branch SB Northstar made a $75 M listing with the US SEC. Per the paper, SoftBank will obtain 7.5 mln shares paying $10 for...
Malaysian police crush 1,069 bitcoin miners with a roller
The police of the city of Miri (Malaysia) destroyed a batch of ASIC miners confiscated during the raids. On July 16, journalist Colin Wu reported that a video had been circulated in the Chinese cryptocurrency community showing the roller rolling over the devices. According to him, some members of...
Another major Korean bank will work with cryptocurrencies
Despite the increasing pressure on the cryptocurrency industry, South Korean businesses are still trying to gain a foothold in this market segment. One of the largest financial institutions in the country, Woori Bank, announced its intention to enter the crypto sphere at the end of last week. The...
China Presents First Carbon Offset on the Ant Blockchain
Major port city in China, Tianjin issued the country's first blockchain-based carbon offset. The news comes a day after China announced the launch of its national carbon market. Tianjin Climate Exchange revealed the initiative at a conference on fintech and green finance held on July 15. The...
Fundraising For the Ethereum Documentary Completed
A documentary movie “Ethereum: The Infinite Garden” will be released. The fundraising started on July 14 is completed. Crowdfunding site Mirror managed the process. Initially, it was planned to raise 750 Ethers. The results surpassed expectations. When the fundraising was over on July 16, the...
The number of bitcoin nodes in July reaches a new high
There are currently more than 13,000 nodes available on the BTC network. Recall that the previous record was set in January. At that time, 11,613 nodes were available to users on the blockchain. On July 5, 13,374 nodes were recorded on the network. However, already in the middle of this month, the...
CEO of DoubleLine didn't rule out the fall of BTC to $23,000
The position of skeptics among experts is strengthening. Many of them do not exclude that the largest digital currency will not be able to stay at current values and will soon fall in price below $ 30,000. Moreover, some analysts predict that the BTC rate will only be able to stop at $ 10,000...
Ethereum Co-Founder Anthony Di Iorio Quits Crypto
In a recent interview, Ethereum co-founder Anthony Di Iorio said he's freezing his main connections to the crypto sector. The entrepreneur is selling his current blockchain-focused innovation hub Decentral to establish a non-profit organization in the coming year. Di Iorio says he wants to be...
Kazakhstan was included in list of the largest BTC miners
China's share in bitcoin hashrate began to decline long before the crackdown on miners began. Currently, the PRC is still ranked first in the ranking of countries in terms of the amount of computing power generated in the bitcoin network. However, the trend for the weakening of the share of the...
Binance No Longer Supports Stock Tokens Because of Restrains
Major crypto platform Binance released a blog post saying it ceases support for stock tokens. As the company reports, users that presently own stock tokens, may sell or store them till October 14. The news came amid regulatory issues that the firm has been...
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