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Latest Blockchain and Crypto News


Jerome Powell's Speech Triggered Bitcoin's 6% Drop


Last Friday, Fed Chairman Jerome Powell announced the readiness of the American regulator to raise the discount rate if he fails to stabilize inflation at 2%. Over the past few days, the price of bitcoin has decreased by 6%, on Wednesday the coin is trading at around $20,274. The measures of the US...

Fireblocks crypto

Fireblocks Adds Support for Solana-Based DeFi, NFTs, and Games


Crypto custody provider Fireblocks revealed support for Solana-based DeFi and apps through its Web3 engine. For the customers, this means that they will have access to lending, borrowing, staking and Web3 products. In a blog post, Fireblocks noted that they are the first gateway for institutions to...

JPMorgan crypto opinion

JPMorgan Executive Views Most Crypto as Junk


The CEO of the JPMorgan's blockchain unit, Umar Farooq says except for a few dozen tokens, other cryptos are likely to disappear. He expressed this opinion during the Monetary Authority of Singapore’s Green Shoots seminar on Monday. According to Farooq, the use cases of digital assets haven't...


Bitcoin managed to return to values above $20,000


Cryptocurrencies bounced back slightly on Tuesday morning after a poor start to the week. The bitcoin rate rose to $20,413. Over the past 24 hours, BTC capitalization has reached $390.516 billion (+2.7%). Ether (ETH) is also gaining in value, with the largest altcoin trading at $1,578 at the time...

Iran crypto imports

Iran Now Allows the Use of Crypto for Imports


Iranian government officially confirmed a regulations bill, which allows the use of cryptocurrencies as a means for payments in imports. A week ago, the Iranian Importers Association stressed the importance of a stable regulatory framework for cryptos. Earlier this month the country placed its...


Dubai publishes rules for placing crypto ads


Dubai is included in the list of the largest cities in Asia, where comfortable conditions are created for the work of crypto companies. The authorities of the metropolis this week introduced new rules for posting content that promotes investments in digital currencies. The author of the amendments...


Binance Suspends Tezos Startup Baking Bad Account


Cryptocurrency exchange Binance has suspended the corporate account of Tezos ecosystem-focused startup Baking Bad. The latter called the actions of the platform unlawful. “July 1, without any explanation, our corporate account on Binance was blocked. Today all our balances were reset to zero...

Spain metaverse Mundocrypto

Spain’s Fin. Regulator Warns about Crypto Metaverse Event


Fin. regulators in Spain are planning to watch for a large crypto metaverse event, Mundocrypto, that will take place in Madrid. The National Securities Market Comission (CNMV) warned that managers of the event and sponsors aren’t authorized to deliver investment services or collect funds....


Trustee Plus will represent Ukraine at Web Summit 2022 in Lisbon


The Ukrainian cryptocurrency neobank Trustee Plus will take part in the large-scale IT conference Web Summit 2022. The event will take place from 1 to 4 November in Lisbon. In addition to Trustee Plus, 23 startups from Ukraine will take part in it. Neobank Trustee Plus is based on the principles of...

Japan crypto tax

Japan to Make Changes in Crypto Tax Laws


The Japanese Government revealed it is going to review and make changes in the crypto tax law that are effective for companies in the fiscal year of 2023. The country's Financial Services Agency and the Ministry of Economy, Trade and Industry (METI) will be exploring how digital asset organizations...


The Irish became less interested in cryptocurrencies


The Irish authorities have a negative attitude towards digital currencies and urge citizens not to invest in such instruments. The head of the Central Bank Dervill Rowland warned compatriots that buying bitcoin is fraught with great risks. According to Finder, the share of cryptocurrency investors...


Binance maintains its leading position in the crypto market


Binance is confidently holding the first place in the ranking of cryptocurrency exchanges both in terms of trading volumes and in terms of popularity among Internet users. This platform is ahead of its competitors in terms of popularity in many countries. According to SimilarWeb, more than 300...

WEF Ripple partnership

Ripple Is Among Official Partners of the World Economic Forum


Ripple officially partners with the WEF, according to the website of the international NGO. Previously, the organization said Ripple provides the value of what the internet did for information. WEF finds that Ripple is committed to monetary parity and efficiency. Previously, Ripple Chief Executive...

Valkyrie CIO crypto

Valkyrie CIO Predicts Further Bitcoin Fall


In a recent interview Steven McClurg, the CIO of the asset management Valkyrie said Bitcoin may decline further although we are close to the bottom. The executive says markets depend on macro trends and inflation. As rates are going higher than expected, all risk assets are going to fall....

BitBoy Atozy YouTube

BitBoy Crypto Sued Atozy, but Later Dropped the Lawsuit


Crypto Youtuber Ben Armstrong, who is also known as BitBoy Crypto, sued Erling Mengshoel (Atozy) over defamation claims. BitBoy later said they will drop the lawsuit as the processes have become public. The matter was over a video of BitBoy, where he talked about a certain token. Atozy found that...

Philippines crypto education

Philippine Universities to Conduct Crypto and Blockchain Courses


Universities in the Philippines will offer free courses in blockchain and crypto, including trading, metaverse, decentralized finance, web3, and others partnering with Binance. Recently, the crypto exchange was present at the Philippine Senate hearing where industry leaders and regulators discussed...

Ethereum merge news

Ethereum Bug Bounties Reach $1 M Ahead of the Merge


The Ethereum Foundation released a new blog post ahead of the major network upgrade scheduled for the next month. The team said all bounties for vulnerabilities related to the merge go up 4 times between now and September 8. Crucial bugs now worth up to $1 M. With the merge, Ethereum will move to...

Bank of Finland Crypto

Bank of Finland Governor Criticized Cryptocurrencies


Cryptocurrency prices are inflated by “monetary misconceptions” and conspiracy theories, while CBDCs are immune to volatility and can be trusted implicitly. This was stated by the head of the Central Bank of Finland, Olli Rehn. He added that some have joked that a CBDC is a solution looking...

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