Latest Blockchain and Crypto News

Michael Saylor, CEO of MicroStrategy, has recently been frequently commenting on the situation on the crypto market and around Bitcoin, in particular. His company is the largest public holder of BTC. Saylor said in the middle of this week that Bitcoin poses no threat to the US dollar. The CEO of...

On July 15, American payments company PayPal released an article, announcing changes in the crypto purchase policy. Now, US-based users are allowed to purchase up to $100,000 in crypto weekly with no annual buying limitation. PayPal says the changes aim to offer clients more options and flexibility...

Large investors continue to show increased activity amid the weakening of the ether (ETH) rate. The altcoin is down to $ 1,900 today, and many observers agree that the coin will find the bottom somewhere around $ 1,700. Whales, on the other hand, take advantage of the panic sell-off of ether on the...

China is one step closer to the launch of the digital Yuan. Today, the People's Bank of China (PBoC) has released a whitepaper of the CBDC. The paper shows that electronic Chinese yuan (e-CNY) is created to be programmable with smart contracts functions. However, the date of the official launch or...

Jerome Powell, head of the US Federal Reserve System, has previously criticized cryptocurrencies on numerous occasions. In his opinion, such instruments create great risks for investors. Even if bitcoin can push gold into the background, then this asset does not pose any threat to the dollar,...

American financial services firm Square's CEO Jack Dorsey unveiled the building of a new platform TBD, which will deliver non-custodial, publicly available DeFi services. The network will join Seller, Cash App, Tidal and will maninly target BTC. Square is creating a new business (joining Seller,...

Major payment companies Visa and Mastercard told Financial Times that clients will be able to access operations with Binance in spite of the current regulatory issues that the company faces. After various countries targeted Binance, some banks and payments firms have stopped working with the...

According to the former CEO of Bitmain, Jihan Wu, strengthening control over the cryptocurrency industry will positively affect the development of this market segment. He expressed his point of view at the Asia Tech x Singapore conference. Cryptocurrency market capitalization has already exceeded $...

Glassnode analysts drew attention to the changing tactics of users of cryptocurrency exchanges. At the beginning of the week, it became known that bitcoin miners are reducing the sale of coins and moving on to accumulating them. Now experts said that, on average, exchange users send up to 2,000 BTC...

Today, another country's regulatory announced concerns about the crypto exchange Binance. Italy's market watchdog Commissione Nazionale per le Società e la Borsa (Consob) said Binance wasn't authorized to operate in the country. Thus, Italy becomes the latest country to do so. Consob published a...

Security audit-focused smart contract startup CertiK raised $ 37M in a Series B funding round led by hedge fund Coatue Management and venture capital firm Shunwei Capital. Bitcoin exchange venture Coinbase has also joined the lead investors. Since its founding in 2018, the startup has raised about...

Leading financial services firm Goldman Sachs shared its prediction about the Coinbase earnings in the second quarter of 2021. The bank's analysts included the exchange in the leading 25 tactical trades. This is a management style where the focus is generally on trends rather than long-term...

Larry Fink, CEO of the BlackRock asset manager, said that he sees little demand for cryptocurrencies among the company's clients. Fink noted that in the past two weeks, BlackRock customers have not been at all interested in Bitcoin and other digital assets. Although previously there was demand, he...

Most cryptocurrencies have seen price declines after China’s Anhui province revealed plans to ban crypto mining on July 14. Anhui was the latest region to take such measures. Authorities announced the reason was growing electricity demand and power supply shortage for the last three years....

Focused on blockchain interoperability, Connext has raised $ 12 million from 1kx and ConsenSys-affiliated Mesh. Funding was provided by 82 investors. Among them: Coinbase Ventures, OkEx Ventures, eGirl Capital, Hashed, as well as various business angels, including André Cronier from yEarn.Finance...

Power producer and retail energy provider Energy Harbor Corp revealed a cooperation with BTC mining hosting firm Standard Power to build nuclear-powered BTC mining. The mining processes will start this December. To realize the idea, Standard Power will turn a former paper factory in Ohio city...

In the Q2 of 2021, Nasdaq-listed Bit Digital generated 562.9 BTC, according to its income statement. That is less than in the previous reporting period due to the migration of computing power from China. According to the press release, on June 21, Bit Digital halted operations in China and...

Bitcoin exchange FTX may consider acquiring the US mainstream financial giants once it overtakes rivals Coinbase and Binance. Its CEO Sam Bankman-Fried said this in an interview. “If we are the largest exchange, the purchase of Goldman Sachs and the CME Group is not ruled out at all,” he said....