Latest Blockchain and Crypto News
Amazon offers cloud mining services for Chia
Tech giant Amazon has unveiled the Chia cryptocurrency mining solution on its cloud computing platform Amazon Web Services (AWS). In a quick guide, the company talks about the specifics of mining Chia and offers several options for using their cloud system for these purposes: Compute resources of...
Elon Musk Says Crypto is Promising but Needs Caution
Tesla CEO Elon Musk who is a big supporter of Dogecoin shared his thoughts about crypto investing during the TV program TMZ. Musk says crypto is promising, however, he advises investing with caution. The billionaire once again mentioned Dogecoin, saying it can be the future of currency and in...
Unknown has moved "sleeping" since 2013 500 BTC
On Tuesday, May 4, 500 BTC (about $ 27.6 million) went into motion for the first time since consolidation in 2013. This address received funds from dubious exchanges. He is ranked at an average level of risk. In March 2021, the Telegram channel announced the first movement of 5,000 BTC (about $ 284...
Coinbase to close headquarters as part of decentralization
Nasdaq-listed bitcoin exchange Coinbase has announced plans to become a predominantly telecommuting firm. The company has ditched its headquarters and is planning to close its former headquarters in San Francisco in 2022. By doing this, Coinbase aims to show workers that none of the locations will...
Nokia Introduces Blockchain-Fueled Data Marketplace
Finnish major tech entity Nokia Corporation revealed the issuance of the Nokia Data Marketplace to make data and AI algorithms transacting simpler. That provides digital and data modernization for businesses. Along with increasing input extent, the role of AI and machine learning is crucial. The...
IRS will gain access to Kraken customer data
The US federal court ordered the Kraken cryptocurrency exchange to provide the IRS with information about users who made large transactions in 2016-2020. According to a statement, the IRS has served Kraken with the so-called John Doe summons. The agency is interested in the data of clients who,...
Bitcoin Cash Reappears in the Crypto Top 10
Bitcoin Cash (BCH) is again in the top 10 cryptocurrencies. It ranks the 9th with over $26.8 B market cap. The price of the coin has seen more than a 79% increase over the previous 7 days, surpassing $1470. BCH's hard fork that occurs twice a year, is scheduled for May 15. It plans to remove the...
E-Commerce Company Mercado Libre Made $7.8 M BTC Purchase
On May 5, Buenos Aires-based e-commerce technology firm Mercado Libre published the Q1 results of the company, where it stated buying $7.8 million worth of BTC. The firm added recently acquired coins to its balance sheet. In the issued press release Mercado Libre published the progress of the...
China is steadily losing its status of the largest BTC miner
China continues to control the lion's share of the BTC hashrate. However, in the expert environment, some have already paid attention to factors signaling a gradual decrease in the influence of the Celestial Empire on the BTC network. According to Chun Wang, co-founder of one of the greatest mining...
Georgia starts considering options for issuing digital lari
The Georgian authorities decided to follow the example of those countries that are actively developing a national digital currency (CBDC). Recall that the Bank of France recently reported on the successful test of a token pegged to the euro. This week, the Central Bank of Georgia announced that it...
New York May Freeze BTC Mining to Protect the Environment
A bill brought in the NY State Senate considers halting BTC mining for 3 years to study deeply its consequences for the surroundings. Bill 6486 was put forward by Senator Kevin Parker to the Senate's Committee on Environmental Conservation. If approved Bitcoin mining will be allowed only after a...
Filecoin developers introduce NFT storage service
Protocol Labs, behind the development of the Filecoin decentralized platform, has released a free service called NFT.Storage. It is designed to store non-fungible tokens. The service was developed in conjunction with blockchain startup Pinata. It is based on Filecoin and IPFS technologies....
SEC threatens lawsuits for XRP token holders
If holders of the altcoin XRP interfere with the process against Ripple, then the Securities and Exchange Commission (SEC) can sue them. This is stated in the appeal of the regulator to the US judicial authorities. Recall that at the end of last year, the SEC initiated a lawsuit against Ripple,...
S&P Dow Jones Indices Issued BTC and Ether Indexes
Widely followed American stock market S&P Dow Jones presented indexes of BTC and Ether. The entity first disclosed the intention in December 2020. The initial plan was to launch indices for the leading 550 most exchanged crypto coins and tokens. Released S&P Bitcoin Index (SPBTC) and...
FTX hires former HSBC bank executive
A former senior executive at banking conglomerate HSBC Jonathan Cheesman joined the FTX crypto derivatives exchange as head of OTC and Institutional Sales. At HSBC, Cheeseman was in charge of banking and hedge funds in the foreign exchange market. In an interview with The Block, the specialist...
Chainlink and Ether Hit New All-Time Highs
Chainlink (LINK) and Ethereum (Ether) have set new all-time highs: over $51 and $3500 correspondingly. The price of the blockchain oracles network Chainlink's native token has seen over a 38% price increase during the previous 7 days and hit a record high of $51. It ranks 11th in terms of the...
Gemini Adopted DOGE. The Coin Surpassed $0.69
Crypto exchange Gemini headed by the Winklevoss brothers announced enabling Dogecoin on its platform. In the blog post published by the company on behalf of Tyler Winklevoss, Dogecoin is called people's money as it's organic and fun. Gemini adopted a $DOGE. Such WOW https://t.co/YlTiNDHoYX...
DCG raises GBTC's planned purchase volume to $750M
Barry Silbert's Digital Currency Group (DCG) announced its intention to acquire up to $ 750 million in Grayscale Bitcoin Trust (GBTC) shares. The announced figure is three times more than the one announced in March. According to the message, as of April 30, 2021, DCG spent $ 193.5 million for these...
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