Latest Blockchain and Crypto News

While the bearish trend prevails for most cryptocurrencies currently, Aave (AAVE), Polygon (MATIC), and Solana (SOL) reached new all-time highs: $666, $2.68 and $58 respectively. MATIC, the native token of the Ethereum scaling solution Polygon now ranks 14th with a market cap of over $14.8 B. The...

The founder of the OneCoin cryptocurrency pyramid, Ruja Ignatova, did not respond to the lawsuit related to the alleged $ 4 billion fraud. Ignatova, her company OneCoin and banker Gilbert Arment "did not provide an answer or otherwise did not respond to the claim," the documents say....

A petroleum dollar backed by the US military threatens the environment more than mining the first cryptocurrency. This was announced by Alex Gladstein, Strategy Director of the Human Rights Foundation, and David Energy co-founder James McGinnis, on the Unchained podcast. According to Forbes, in...

A new decision adopted by China states that financial establishments and payment operators of the country are disallowed to deliver services concerning crypto activities. The country also urged investors to be careful while purchasing crypto. Particularly, it said cryptocurrencies don't represent...

According to the former head of the BitMex exchange Arthur Hayes, ether (ETH) may in the future become the largest digital currency. So far, however, the probability of such a scenario is only 30%. The odds are slim, but they continue to grow, Hayes wrote on the BitMex blog. The gigantic potential...

Today, May 18, business intelligence company MicroStrategy announced another major Bitcoin purchase. The company purchased 229 BTC for $10 million. Currently, MicroStrategy's bitcoin holdings are about 92,079 units traded for over $2.2 billion at an average price of 24,450. MicroStrategy has...

Black Eyed Peas band member Allen Pineda Lindo, under the pseudonym Apl.de.Ap, has announced the release of four non-fungible tokens (NFT) on the Portion marketplace. Each NFT is a unique video clip with unreleased music from Apl.de.Ap. Artists Tom Coben and AJ Dimarucot helped the musician to...

Blockchain-powered travel solutions provider, Travel Coin, continues to stand out in the industry by leveraging the ever-growing technology. The blockchain technology has evolved over the years, with several businesses across different in-dustries adopting the concept to enhance their operations...

The introduction of central bank digital currencies (CBDCs) will create benefits but may disrupt the financial system. Such conclusions are contained in the report of the rating agency Fitch. Among the advantages of CBDC, analysts named digitalization of operations, financial inclusion, increased...

New York-based financial services provider Galaxy Digital which is centered on digital assets, cryptocurrencies, and blockchain, presented the outcomes of the first quarter of 2021. The company's Chief Executive Officer Michael Novogratz states that the firm's net income reached $860 M. Last...

Miami-based luxury yacht rental company Prime Experiences has added the ability to pay for services in BTC. With the introduction of the new function, the firm plans to generate a profit of $ 6.5 million for the year. The expected figure is twice the previous one. “Many doors have opened with...

The American television network Fox Broadcasting together with Rick & Morty co-author Dan Harmon revealed developing the first animated series in history curated completely on the blockchain. On May 17, the company's press release site Fox Flash issued a new post, introducing an Upfront...

On May 17, crypto exchange Coinbase revealed its plan to boost $1.25 B by selling convertible bonds. The latter is a security offering that allows the purchaser to acquire shares or cash of common stock in the issuing company. In the case of Coinbase, the sale represents Convertible Senior Notes...

For most SkyBridge Capital clients, Dogecoin is not up to scale, but it can be a competitive store of value. This opinion was expressed by the founder of the asset management company Anthony Scaramucci. “Maybe it will be silver to bitcoin gold. This is happening right now. Either it will work or...

According to DoubleLine CEO Jeffrey Gundlach, Bitcoin is a common speculative instrument. It is used by a certain group of investors who siphon money out of most traders. In this regard, we see a lot of similarities with a regular casino, the billionaire said in an interview with Yahoo Finance....

Tesla and SpaceX founder Elon Musk listed what needs to be improved in Dogecoin for the meme cryptocurrency to surpass Bitcoin and become the world's money. And again everything is taking place on Twitter. Ideally, Doge speeds up block time 10X, increases block size 10X & drops fee 100X. Then...

The native token of the Solana blockchain SOL has increased in price over the previous 7 days. On May 16 it hit a new all-time high of $52.50. Currently, the token ranks 16th with a market cap of $13.6 B. It trades at around $49. The surge happens at a time when red lines prevail in the crypto...

The largest altcoin ether (ETH) retreats at the end of the week amid profit taking by large traders. The ETH rate on Sunday, May 16, fell to $ 3800, the cryptocurrency capitalization fell to $ 439.933 billion. For the first time since the end of March, the broadcast ends the week with a pullback,...