Latest Blockchain and Crypto News

The Bank of Canada has had a negative attitude towards Bitcoin and other cryptocurrencies over the past few years. Back in 2019, the head of the Central Bank Stephen Poloz noted that it is better to use fiat money, not BTC. A similar statement was published by the Canadian regulator at the end of...

American multinational investment bank Goldman Sachs recently recognized cryptocurrencies as a category of assets. The screenshots were published on Twitter by economist Alex Krueger. Crypto, a new asset class - quite a comprehensive report by Goldman. pic.twitter.com/FP2sewJCTx— Alex Krüger...

Nebraska Senator Carol Blood has backed a bill to explore the potential for blockchain use in agriculture. According to the document, they plan to use distributed ledger technology to track the origin of products: from farms to store shelves. The author of the bill proposes to control production...

While most cryptocurrencies have been seeing major declines through the week, some of the BTC exchange-traded funds of Canada face problems. The news came from Financial Times which announced that two funds run by Horizons ETFs issued a market disruption warning for investors. That is a situation...

On Friday China reiterated its approach towards BTC mining and trading operations restriction. The crypto market crash continues. BTC price has lost over 22% during the previous 7 days. Currently, it trades at around $37.000 with a market cap of $697 billion. China's Vice Premier Liu He and the...

The US National Treasury issued a report which defines new regulatory terms for cryptocurrencies. Transactions worth $10.000 and more must be reported to the IRS. This proposal was made in terms of president Biden's suggested American Families Plan. It puts forward a number of changes like...

On May 20 Ethereum co-founder Vitalik Buterin gave an interview to CNN business. Talking about the recent crash in the crypto market, Buterin said it didn't surprise him. According to him, cryptocurrencies are in a bubble, and it's difficult to guess when they will rise. Buterin said it can happen...

Against the backdrop of the market collapse, cryptocurrency billionaires have lost a total of $ 15.5 billion. The publication estimated the losses of major industry players over the past nine days. FTX CEO Sam Bankman-Fried lost the most in dollar terms. According to Forbes, on May 10, his fortune...

Along with bitcoin, the largest altcoin ether (ETH) also suffers losses this week. The coin on the night of Thursday, May 20, fell in price to $ 2,571. ETH was last traded at this level on April 22 of this year. Cryptocurrency capitalization decreased over the day by almost 25% to $ 295.867...

The report of the investment bank JP Morgan says that the fall in the value of bitcoin was the result, among other things, of the transition of some large investors to gold. Today the cryptocurrency is trading at $ 38,900. The day before, the bitcoin rate fell below $ 31,000. Support returned on...

Formula 1 racing champion Honda has partnered with blockchain platform Tezos to launch a line of collectible non-fungible tokens (NFT). As part of the agreement, Red Bull Racing will release the first-ever NFT collection on the Tezos blockchain. Team Leader Christian Horner noted that the platform...

After seeing a major decline and dropping to $30.600, the price of Bitcoin seems to be recovering. The cryptocurrency gained $10.000 in a day and currently trades at around $39.900. BTC dominance index stands at 43.09% which is up by 2.7% in a day and the market cap is $753.9 billion. Most...

Famous humorist, TV show host Steve Harvey is introducing a new set of NFTs with the purpose to direct the sum to Steve & Marjorie Harvey Foundation. He also announced holding Bitcoin and Ether. The star presented his first 3 NFTs on the platform Rarible on May 14. They were in the form of...

Crypto management platform BlockFi sent users large sums in Bitcoin by mistake. The payments were thought to be done in terms of a promotion that rewarded users with bonuses in USD stablecoins. The promotional period lasted from March 18 to 31 and the rewards were to be transferred to people's...

The Munich prosecutor's office is investigating a possible connection between the Lithuanian fintech company Finolita and the theft of more than € 100 million from the Wirecard payment service a few weeks before its collapse. According to the investigation, more than a third of the missing money...

The lawyers of the Russian Alexander Vinnik demanded to consider the issue of his return to Greece. At a hearing in the Paris Court of Appeal, the lawyer Zoya Constantinople, defending Vinnik, pointed out the illegality of his transfer from Greece to France and declared a violation of human rights....

Cryptocurrency mining is a highly technical and expensive venture. Over the years, the process has become more difficult with the need to own ASICs which consume a significant amount of power and require a lot of computational capacity. As a result, not many can afford to mine cryptocurrencies...

Ripple, the blockchain company that developed XRP cryptocurrency revealed a collaboration with the National Bank of Egypt. As stated in a paper published on May 18, the cooperation between Ripple, NBE, and the remittance firm based in the United Arab Emirates, LuLu Exchange aims to deliver...