Latest Blockchain and Crypto News
Mike Novogratz urges not to pay attention to the fall of BTC
Galaxy Digital billionaire and founder Mike Novogratz believes that there is no reason to panic, and Bitcoin will surely win back after a painful fall. The businessman expressed such a forecast in an interview with Bloomberg and once again reiterated that BTC and other digital currencies are the...
Ethereum's London Hardfork Has Gone Live on Ropsten Testnet
The London update of Ethereum which includes Proposal 1559 is started up on the Ropsten testnet. Tim Beiko, the network's engineer tweeted about the event. We have a block! Took a bit longer than expected, but London is live on Ropsten 😅https://t.co/wM2xepis0y— Tim Beiko | timbeiko.eth...
CB of Israel has used Ethereum technology in tests with CBDC
Israel has adapted Ethereum blockchain technology for a pilot project to study the central bank's digital currency (CBDC). During the experiment, the IT department of the Bank of Israel created digital wallets through which employees can transfer "virtual shekels" to each other. No real...
Two businessmen with $3.5B BTC disappeared in South Africa
The two brothers who founded the South African company Africrypt disappeared with bitcoins totaling up to $ 3.5 billion. As Bloomberg clarifies, businessmen disappeared along with 69,000 BTC. Back in April, one of the brothers, Amir Kaji, announced that his crypto company had been hacked. After...
John McAfee Died in Prison at the Age of 75
On June 23, computer programmer John McAfee was found dead in prison after the judge approved the US request for his extradition. The news was reported by the Spanish media. Spain’s justice department stated that all factors point there must have been committed...
Israel announced the start of testing its token
The Bank of Israel told about the beginning of testing the digital shekel. As the deputy head of the Central Bank Andrew Abir noted, the national digital currency (CBDC) will be issued only by the regulator. All operations with such a tool will become as transparent as possible. Testing is already...
El Salvador required to repeal law on legalization of BTC
In early June this year, the El Salvadorian parliament supported a bill recognizing bitcoin (BTC) as a legal tender. The adoption of such a document was initiated by the country's President Nayib Bukele. However, local opposition forces spoke out categorically against this law coming into force on...
Fireblocks sued for alleged loss of 38,178 ETH
Swiss staking platform StakeHound has blamed the loss of funds for institutional-focused infrastructure company Fireblocks. The lawsuit was filed in the Tel Aviv District Court. Founded in 2017, Fireblocks used multi-party computation (MPC) to store private keys. To improve security, she provided...
Visa and PayPal Backed Blockchain Capital's $300 M Funding
Venture Capital firm focused on crypto and DLT, Blockchain Capital allocated $300 M in funding for its Fund V. Giant finance firms PayPal and Visa contributed the round. BC was established in 2013. It has financially backed over 110 firms. The number includes crypto platforms Coinbase, Kraken,...
Open interest in bitcoin futures fell by almost 60%
The fall of the crypto market in May and June provoked panic in the camp of institutional investors. A study by Arcane Research says that open interest in bitcoin futures is now $ 11.3 billion, down 59% from mid-April. We will remind, on April 13, it reached $ 27.3 billion. Analysts stressed that...
After Clampdown, Chinese Mining Companies Move to Kazakhstan
Crypto mining businesses in China are considering alternatives after the government banned their activities. A leading cryptocurrency mining enterprise BIT Mining is moving the equipment to Kazakhstan. The first stack consisting of 320 pieces of equipment with a technical total hash rate potential...
CNBC host sold almost all of his bitcoins
Popular TV presenter Jim Cramer said back in the spring that he was able to make good money on Bitcoin’s winter rally. In total, the journalist invested about $ 500,000 in cryptocurrency. However, already in the summer, the expert’s opinion began to change due to the fall of the market in May....
Opponents of bitcoin intensified amid falling crypto market
Bitcoin started the new week with a sharp drop in the rate. On the evening of June 21, the coin fell to $ 32,000. On some exchanges, it briefly dropped even below this psychological mark. Against the background of the fall in the value of BTC and altcoins, opponents of the cryptosphere have once...
MicroStrategy Bought Additional 13,005 Bitcoins for $489 M
Enterprise analytics company MicroStrategy revealed buying 13,005 bitcoins for $489 M. The company's CEO Michael Saylor tweeted that currently, the company owns over 100.085 BTC purchased for around $2.7 B at an average price of about $26,080 per coin. MicroStrategy has purchased an additional...
Dogecoin collapsed by more than 40% in 24 hours
Cryptocurrencies on Tuesday, June 22, continue to trade in the red. Bitcoin (BTC) and Ether (ETH) fell 6% and 15% during the Asian session to $32,100 and $1,885, respectively. The largest losses from the top ten digital currencies were incurred by Elon Musk's favorite coin Dogecoin (DOGE). Recall...
Jay-Z and Roc-A-Fella Sued Dame Dash Over an NFT
American hip-hop record label Roc-A-Fella established by Jay-Z, Damon Dash, and Biggs Burke sued Damon Dash for intending to mint and sell Jay-Z's first album "Reasonable Doubt" as an NFT. The lawsuit shows that Dash intended to purchase an NFT of the album on the network SuperFarm via an...
Crucial limits Chia mining on SSDs but then changes its mind
SSD manufacturer Crucial threatened to void the guarantees for the devices that were used to mine the Chia cryptocurrency but later denied this statement. Last week, the company revised its warranty policy to include a clause stating that "using Crucial SSDs for crypto mining will void the...
CNN will sell historical news moments in NFT form
CNN will list historical moments in the news in the NFT format as part of the Vault by CNN: Moments That Changed Us project. The NFT collection will include iconic moments from CNN's 41-year history. Non-fungible tokens include exclusive TV channel content, presidential election results, space...
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