Latest Blockchain and Crypto News
Vitalik Buterin's $25.000 Doge Investment Brought Him $4.3 M
Ethereum co-founder, the youngest crypto billionaire Vitalik Buterin revealed that he made an investment of $25.000 in Dogecoin in 2016, and in 2020 he sold the coins for $4.3 M. This means that in 3 years the capital raised by around 8000%. Vitalik Butein talked about the deal in terms of the Lex...
Analysts noticed raise in outflow of large capital from BTC
Institutional investors were seriously scared by the fall of bitcoin in May. Recall that the coin lost almost 40% in value last month. A report from CoinShares says that capital outflows from bitcoin-focused funds intensified over the past week. Institutions have withdrawn from such products about...
PNY cut SSD write resource by 80% due to Chia miners
PNY has reduced the lifespan of its XLR8 CS3030 series SSD. The resource of some models has decreased by almost 80%. The XLR8 CS3030 series includes 250GB and 500GB devices as well as 1TB, 2TB, and 4TB devices. The new batch of drives has significantly reduced TBW. Depending on the modification of...
SkyBridge Capital urges investors to save their BTC capital
Analysts at hedge fund SkyBridge Capital believe that investors need to stay in bitcoin despite the recent drop in bitcoin's value. The attractiveness of BTC has dropped markedly due to the bearish trend that has dominated the market since mid-May. Hedge fund manager Troy Gayesky urges players not...
FBI Returned $2.3 M in BTC Paid at Colonial Pipeline Hack
On June 7, the United States Department of Justice (DoJ) stated that investigators succeeded in recovering huge amounts in crypto that were paid in ransom to cybercriminals who attacked the American oil pipeline system Colonial Pipeline. CNN was the first to publish the news. The hack took place in...
Donald Trump attacks Bitcoin again
Back in the summer of 2019, Donald Trump, who was then president of the United States, tweeted that the dollar is the world's leading financial instrument. Unregulated digital assets like bitcoin are used by criminals to launder money. Trump then stressed that real threats to the state's economy...
MicroStrategy Began $400 M Private Offering to Buy More BTC
On June 7, enterprise analytics and software solutions entity MicroStrategy revealed starting to receive $400 M via a private offering of senior secured notes. The goal is to use the net income from the sale to increase its Bitcoin holdings. MicroStrategy Announces Proposed Private Offering of...
Fidelity Investments suppose Bitcoin can fall to $23,000
The price of the first cryptocurrency could drop to $30,000 or even $23,000, said Jurrien Timmer, head of macroeconomic research at asset manager Fidelity Investments. He compared bitcoin price trajectories to investment bank Goldman Sachs' Retail Favorites Index based on stocks popular with retail...
Aquis will add Bitcoin-ETP from 21Shares to listing
ETP provider 21Shares announced the addition of its first cryptocurrency-based instrument to the listing of the British alternative trading system Aquis. Bitcoin-ETP trading will begin in mid-June. The partner will be ETF specialist GHCO, which will act as a liquidity provider. The 21Shares Bitcoin...
Mayweather promotes EthereumMax ahead of Logan Paul fight
Multiple world boxing champion Floyd Mayweather donned the EthereumMax altcoin t-shirt to weigh in and battle against blogger Logan Paul. EthereumMax (EMAX) appeared about a month ago and is traded on Uniswap and 1inch decentralized cryptocurrency exchanges. At the time of writing, the altcoin is...
Satoshi Nakamoto's Statue Will be Placed in Budapest
First time in history, BTC architect Satoshi Nakamoto's statue will be raised. The place is going to be the capital of Hungary. The sculpture's face features a mirror-like surface with a hoodie. Thus, designers Réka Gergely and Tamás Gilly build Satoshi's image which symbolizes his...
El Salvador prepares to legalize bitcoin
El Salvador could be the first country in the world to recognize bitcoin as legal tender. The corresponding bill was prepared by the team of the President of this Latin American state, Naib Bukele. The text of the document will be published this week. At the Bitcoin 2021 conference in Miami, Jack...
Square and Blockstream to Create Solar-Powered BTC Mining
Cryptography and blockchain technology firm Blockstream and payments operations provider Square teamed up to create a solar-based Bitcoin mining facility. On June 5 Blockstream issued a blog post informing it received a $5 M investment from Square to provide the framework and arrange the project. ...
Bank of Ghana announces 'advanced stage' CBDC development
The Central Bank of Ghana is in a superior stage of developing a CBDC. This was announced by the head of the regulator Ernest Addison. Ghana has become the first country in the region to explore the idea of a CB's digital currency, the official said. “We are moving in stages. The first was...
Reserve Bank of India clarifies position on cryptocurrencies
The Reserve Bank of India (RBI) has remained critical of cryptocurrencies, head of the regulator Shaktikanta Das said during an online conference. “RBI has serious concerns about cryptocurrency that we have reported to the government,” Das said. In 2018, the regulator banned the controlled...
BTC Conference 2021: The First Day
The biggest BTC conference with around 12.000 participants was started in Miami on June 4. It will be over on June 5. Miami major Francis Suarez opened the conference. He mentioned the importance of BTC in making Miami a technological leader. The head of growth at the crypto exchange Kraken Dan...
Jack Dorsey Says Square Aims to Launch a BTC Hardware Wallet
San Francisco-based financial services company Square intends to launch a Bitcoin hardware wallet. The company's CEO Jack Dorsey shared the news on Twitter. Dorsey says the building process from engineering to design is going to be open and with the community's cooperation. He posted series of...
Anchorage will start issuing Ethereum-backed loans
Institutional-oriented crypto bank Anchorage will launch a USD-secured lending service with deposited Ethereum. BankProv, one of the oldest US banks, will act as a partner. Crypto companies interested in a loan in US currency will be able to satisfy their needs without liquidating their positions...
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