Latest Blockchain and Crypto News
Playboy Presents Its "The Miami Beach Art Collection" as NFT
American popular magazine Playboy introduced an NFT collection on the digital art platform SuperRare on July 9. There are featured artworks by Ayla El-Moussa, REK0DE, Jon Noorlander, MBSJQ, as well as the iconic photo of a 1970 Playboy Bunny on water skis. To present the art, Playboy worked with...
Bullish will become public through the merger with SPAC
Cryptocurrency exchange operator Bullish will go public through a reverse merger with SPAC Far Peak Acquisition. The cost of the combined structure was estimated at $9 billion. Bullish Global is a subsidiary of Block.One, which is behind the development of the EOS project. In May 2021, the latter...
Biden and Putin Discussed Acting On Bitcoin Ransomware
White House announced that US president Joe Biden had a phone talk with Russia's President Vladimir Putin on July 9. The subject was ransomware attacks from Russia-based gangs that occurred recently. Biden said the US finds Russia must take measures against the cybercriminals when the US gives them...
The UK to strengthen oversight of cryptocurrency advertising
The Advertising Standards Authority (ASA) will strengthen its oversight of crypto-themed advertisements. That was stated by Miles Lockwood, head of complaints and investigations at the ASA. According to him, already in July, the regulator will take several "serious measures" to find and...
Bitcoin mining power consumption fell by almost 60%
The power consumption of the bitcoin network has dropped to its lowest level since November 2020. The Cambridge Bitcoin Electricity Consumption Index (CBECI) dropped almost 60% on an annualized basis. If in the spring miners consumed more than 143 TW/h of electricity, now this volume is about 62...
Santander announced the blocking of transactions for Binance
The British division of Santander Bank has stopped sending funds to the Binance cryptocurrency exchange. The blocking of transactions is intended to protect investors as part of the UK Financial Conduct Authority (FCA) policy, in a statement from the Spanish financial giant. The regulator...
Steve Wozniak Finds BTC is Better Than Gold
American electronics engineer, Apple's co-founder Steve Wozniak, who had previously supported Bitcoin many times, said recently BTC is better than gold and that it's a mathematical miracle. Wozniak shared his views in terms of the event Jalisco Talent Land Digital 2021 held in Mexico. He says the...
Elon Musk Compared Dogecoin to BTC and Ether
Tesla CEO Elon Musk talked about cryptocurrencies another time. He shared his opinion on Bitcoin, Ethereum, and Dogecoin, mentioning the advantages of the last one. Particularly, commenting on crypto and Dogecoin Youtuber Matt Wallace's tweet about Dogecoin update, Musk wrote BTC and Ether...
Mike Novogratz: Asia sells and the US buys bitcoins
Bitcoin (BTC) on Friday, July 9, is trading in the region of $ 33,000. Almost all altcoins are also losing today. Cryptocurrencies are retreating amid strong pressure from the Chinese authorities. In the middle of this week, the People’s Bank of China once again called BTC and other coins...
Square Begins the Development of BTC Hardware Wallet
Financial services company Square restated the plans of launching its BTC hardware wallet. The director of hardware engineering at the firm, Jesse Dorogusker posted a series of tweets on July 8. He wrote the Square team intends to develop a hardware wallet to expand BTC adoption. People can ask...
Indian crypto exchanges are not afraid of the fall of BTC
Crypto exchanges serving Indian traders see no reason to panic despite the dominance of bearish sentiment in the market. As Business Insider India clarifies, local trading platforms, on the contrary, are actively developing infrastructure for transactions with digital currencies. The exchanges were...
The Graph Released a Dapp That Gives Rewards for Migration
Blockchain data indexing protocol The Graph has released two new products for dapps: The Graph Explorer and Subgraph Studio. Today we're launching curation alongside two new products: Graph Explorer & Subgraph Studio!Now anyone can curate data & seamlessly publish subgraphs in a...
New Zealand will analyze implications of the launch of CBDC
The Central Bank of Jamaica announced its intention to begin testing its digital currency (CBDC) in August 2021. The list of countries ready to launch a token, if necessary, is constantly growing. New Zealand may be replenishing it soon. The central bank plans in the coming months to analyze the...
Polish regulator drew attention to the Binance exchange
Many states are interested in the activities of the Binance cryptocurrency exchange. For example, British banks began to impose restrictions on the withdrawal of funds to Binance against the background of increased government control over the trading floor. Regulators from Canada, Japan, and...
Newly Launched ShibaSwap Scores Over $1.5B TVL in 2 Days
Decentralized exchange ShibaSwap, launched on July 6, has scored $1.5 B total value locked (TVL) within 48 hours. The DEX comes from the Ethereum-based meme token Shiba Inu (SHIB). ShibaSwap also presented a yield farming option that enables users to stake tokens and get rewards. So, by adding...
Jamaica announced trials of its token
Back in March 2021, the Central Bank of Jamaica promised to begin testing its digital currency (CBDC) in May. The tests should be completed by the end of this year, the regulator emphasized. This week, the Bank of Japan announced that testing of the digital currency will begin in August. The head...
Meitu Loses $17.3 M on BTC but Gained $14.7 M on Ether
Tech company Meitu reported about the results of its Bitcoin and Ethereum investments. As mentioned, Meitu has lost around $17.3 M, having invested in BTC. On the other, Ether investment has brought the company a profit of $14.7 M. Launched in 2008, Meitu builds mobile video and photography...
Ethereum trades drop to lowest since January 2021
The largest altcoin ether (ETH) is moderately gaining in value this week. On the night of Thursday, July 8, the cryptocurrency rose to $ 2350. In 24 hours, the capitalization of ETH increased by 3% to $ 274.374 billion. Network activity grew slightly, but the number of transactions on Ethereum, on...
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