Latest Blockchain and Crypto News

Along with the fall in the price of Ether (ETH) and the weakening of the network hashrate, there is a rapid decline in processing fees. Computing power on the ETH blockchain at the end of last week plummeted to 449,228 terahesh per second (TH / s), the lowest since March 2021. Ethereum fees are now...

Seychelles-based crypto exchange Huobi renewed user conditions. The new terms define that users in China won't be able to purchase derivatives anymore. However, Chinese customers can continue to use the network for spot trading. Note that spot trading refers to the operation type when the purchase...

The Swiss National Bank (SNB) does not consider it necessary to launch a digital currency. The chief economist of the Central Bank, Carlos Lenz, announced there is no need for a digital franc. The current financial system of the state works fine even without a token. In parallel, Lenz criticized...

Data from Chainalysis shows that Indian's share of crypto investments has gone up to $40 M. Last year, the amount was $200 M. The youngest investors of the country are more tended to invest in cryptocurrencies than in precious metals. Over 15 million Indians are now purchasing cryptocurrencies....

Billionaire Ricardo Salinas Pliego represents the bitcoin camp. It ranks 166th in the world in terms of its capital. Late last week, the financier announced that his bank would be the first in Mexico to handle cryptocurrency. Banco Azteca will handle bitcoin transactions, Pliego said. MicroStrategy...

On June 26, the UK's Financial Conduct Authority (FCA) published a consumer warning on banning the crypto exchange platform Binance from delivering operations in the country. The decision refers to Binance Markets Limited (BML) and the main company Binance Group. The regulatory body didn't clarify...

Tesla CEO Elon Musk often backs his favorite cryptocurrency Dogecoin (DOGE). The posts of a businessman periodically provoke a rise in the value of this altcoin. That is exactly the situation we observe again at the beginning of this...

Iran's Ministry of Industry has allowed 30 crypto mining companies to carry out operations after receiving licenses. The news was published on the official website of the country's regulatory body. Semnan province got six licenses. Alborz, Mazandaran, East Azarbaijan, and Zanjan got four licenses...

Bitcoin miners are not the only ones suffering from repression in China. Forced to suspend equipment and those pools that provide the computing power of the Ethereum network. Over the past two weeks, there has been a rapid decline in the ETH hashrate. An important development was the recent...

One of the world's most prominent entertainments, Marvel LLC, announced launching NFTs. They will enable users to get collectibles, comic books, and other products running on blockchain technology. For the initiative, Marvel partners with Orbis Blockchain Technologies, a digital collectibles...

The Avast antivirus development team has detected malicious software that penetrates the victim's computer and other devices through pirated games. The Crackonosh virus infiltrates the equipment and starts using its power for hidden mining (cryptojacking). Earlier it was reported that most often...

Tesla CEO Elon Musk, who frequently mentions cryptocurrencies in his Tweets, posted about the meme coin Shiba Inu (SHIB). On June 25, he wrote he's going to name his SHIB "Floki". My Shiba Inu will be named Floki— Elon Musk (@elonmusk) June 25, 2021...

The cryptocurrency market is still dominated by bearish sentiment. The risks of a new Bitcoin rollback periodically increase according to a study by JPMorgan investment bank analysts. They do not exclude that the result of the negative trend that we have been observing over the past few weeks will...

The Paris Court of Appeal confirmed the decision of the first instance to imprison Russian citizen Alexander Vinnik for five years. Citing Vinnik's lawyer Frederic Belo, the defense plans to file a cassation appeal. According to Belo, the court made a "lazy decision" without understanding...

Crypto billionaire, the founder of the exchange FTX, Sam Bankman-Fried, expressed his views about the future price of Bitcoin during a recent interview with Yahoo Finance. He is sure the crypto trading trend came to stay. Sam Bankman-Fried said he would be surprised if there wasn't at least one...

In early June, the El Salvadorian parliament supported the president's initiative and passed a law to legalize bitcoin. The country's authorities went even further and promised each citizen to transfer $ 30 in BTC. However, to do this, the person needs to install an official Bitcoin transaction...

Cameron and Tyler Winklevoss's crypto platform Gemini Trust traded nearly $4 M in credits to help offset the carbon impact of the BTC it holds in custody. On June 24, the exchange released a blog post about the undertaking "Gemini Green" informing about a $4 M contribution to the...

Upbit, one of South Korea’s largest cryptocurrency exchanges, has faced a lawsuit filed by a university foundation for infringement of intellectual property rights. The Seoul University-Industry Cooperation Foundation claims that the trading platform infringed a patent on its “Secure...