Latest Blockchain and Crypto News

For the first time since mid-2018 Bitcoin dominance index fell as low as 40.6%. The market cap of the coin is under $1 trillion and stands at about $843 B. The BTC price has seen over a 22% decline during the previous 7 days. Currently, it trades at around $45.000. Bitcoin saw a major decline on...

The youngest billionaire in the crypto industry Vitalik Buterin has burned 90% of his Shiba Inu owning, valued at $6.7 B received by the coin's developers. Data from Etherscan shows that the transaction was done on May 16. In an attached note Vitalik Buterin gave the motive of his move. He said it...

Control over crypto traders began to be strengthened by many countries. South Korea, for example, will force all users of bitcoin exchanges to pay tax to the treasury from 2022. Argentina is also acting in a similar direction. The country’s tax office this week ordered all crypto exchanges to...

Internet Computer (ICP), a coin released on May 10, now has a market cap of about $35.2 B and is among the top 10 cryptos. The token trades at about $283. Its highest price of $737 was registered on the launch day. ICP is the in-built token of IC built by the tech firm Dfinity Foundation. The...

American model and actress Emily Ratajkowski sold NFT Buying Myself Back: A Model for Redistribution at Christie's for $175,000. The name NFT refers to an article by Ratajkowski in The Cut blog of New York Magazine on September 15, 2020. In the article, the model criticized artist Richard Prince...

The native token of the Cardano blockchain ADA has seen over a 12% increase during the previous 24 hours and hit a new all-time high of $2.18. Currently, ADA ranks 4th by market cap, which stands at about $66.8 billion. The new record has taken place at a time when many cryptocurrencies see price...

Argo Blockchain has bought two data centers in the Canadian province of Quebec. The facilities previously owned by GPU.one are using the power of the local hydroelectric power plant. The total capacity of the data centers is 20 MW. They already house "a significant portion" of the Argo...

Microsoft will close its cloud blockchain platform Azure Blockchain Service on September 10, 2021. The service does not support the deployment of new projects from May 10. The clients of the platform are JPMorgan financial holding, Starbucks coffee chain, and Singapore Airlines. Users were asked to...

Supermodel, movie star and singer Cara Delevingne have worked together with unknown artist Chemical X to represent her first NFT. The token is called "Mine" and it is in the form of a video. Delevingne said, the collectible aims to point out that everybody is unique and beautiful. ...

The High Court of London has allowed self-proclaimed Bitcoin creator Craig Wright to file a lawsuit against Bitcoin Core developers. The company represents the interests of Wright's Tulip Trading Limited (TTL). There are 16 developers as defendants, including Jonas Schnelli, Peter Wülle, Marco...

On May 13, Tether Holdings, the creator of the stablecoin Tether (USDT) presented the crackup of its reserves done on March 31. As stated in the report, the stablecoin's reserves are mainly composed of 75.85% cash and equals, then come secured loans, bond certificates, valuable metals, and other...

Brian Armstrong, the Chief Executive Officer of Coinbase, announced the listing of Dogecoin on the platform within six weeks. Armstrong informed the news during a call with investors and analysts arranged to discuss Coinbase Global's run in Q1, 2021. According to him, the listing will take place...

DBS Bank's Wealth Clients Division has added Bitcoin, Ethereum, Bitcoin Cash, and XRP investment trusts to its product line. The tool is available in US dollars, Japanese yen, Hong Kong, and Singapore national currencies. The bank said that this is the first proposal of this kind in Asia. The...

Today, May 14 Tesla and Space X CEO Elon Musk tweeted about the crypto industry twice. In his first tweet, the business magnate noted that he strongly believes in crypto, but is worried about fossil fuel use. To be clear, I strongly believe in crypto, but it can’t drive a massive increase in...

The founder of the SkyBridge Capital investment company Anthony Scaramucci divined that in the coming year one of Elon Musk's companies will enter the market of environmentally friendly cryptocurrency mining. “Elon is not a man of half measures. I predict he will revolutionize the bitcoin mining...

The project behind the development of the digital currency, Diem, has withdrawn an application for a license as a payment system in Switzerland. This was reported by the local Financial Market Supervision Authority (FINMA). The Swiss regulator explained the withdrawal of the application by the fact...

On May 13 Virginia-based business analytics firm MicroStrategy revealed acquiring 271 Bitcoins for $15 M. The average cost of one unit was about $55.387. The company's CEO Michael Saylor informed that overall MicroStrategy holds around 91,850 bitcoins purchased for about $2.241 B. MicroStrategy...

The Taiwanese company Phison Electronics has warned of an upcoming increase in SSD prices due to the excitement around the mining of the Chia cryptocurrency. In the third quarter of 2021, Phison, along with other manufacturers of NAND flash memory and SSD controllers, intends to increase the cost...