Latest Blockchain and Crypto News
Brian Armstrong sold Coinbase shares for $291.8 million
Coinbase CEO Brian Armstrong sold 749,999 shares in three lots on the first day of trading on the Nasdaq. As a reminder, Coinbase entered the stock market on April 14. According to the Securities and Exchange Commission (SEC), on the first day of trading, insiders, together with investors, sold...
Mark Cuban Invests in NFT Data Provider CryptoSlam
American business magnate, the owner of professional basketball squad Dallas Mavericks, Mark Cuban put capital in NFT data provider CryptoSlam. We're thrilled to announce that Mark Cuban (@mcuban) has invested in CryptoSlam!⚡️⚡️⚡️⚡️Can't thank Mark enough for believing in us...
New record from bitcoin: network hashrate reached 200 EH/s
Computing activity on the bitcoin network has broken all previous records this week. The hashrate, according to the Glassnode analytical platform, has reached 200 EH/s. This is a new historical maximum, experts said. Over the past nine months, the computing power on the blockchain has approximately...
ConsenSys cites ECB of refusing to mediate euro denomination
The European Central Bank is taking a big risk by slowing down the development of a regional digital currency (CBDC). In the context of rapid digitalization, the entire financial system of the EU may be at risk, says Monica Singer, representing the crypto company ConsenSys. The singer participated...
Primary Ethereum ETFs Authorized in Canada
Canada was the first country to approve BTC ETFs in February. Now, it became the first to authorize Ethereum ETFs too. Today, April 17, the republic's regulators granted three requests: They come from Purpose Investments, Evolve ETFs, and CI Global Asset Management. The first two firms were the...
Dogecoin Rally Caused Robinhood's Trades Go Down
Crypto trading provider Robinhood faced technical difficulties along with Dogecoin's record trading volumes. The first interruption happened on the site at 10:19 AM Eastern. Forty minutes later the platform announced via Tweeter that activities have been "restored for most clients"....
The digital yuan began to be used to buy air tickets
The Chinese digital currency (CBDC) has begun to be used as a payment instrument. As TASS clarifies, for the first time the digital yuan was used when buying an air ticket. The token was accepted for payment in Shanghai by Spring Airlines. The ticket, priced at 560 yuan (up to $ 86), was purchased...
Edward Snowden puts his own NFT up for auction
Former National Security Agency (NSA) and CIA officer Edward Snowden has auctioned his first non-fungible token. The NFT Stay Free features a digitized portrait of Snowden as clippings from the NSA's US lawsuit filed. Snowden has listed the token for sale through the Foundation marketplace. Trading...
ARK Invest Purchased $110 M Coinbase Shares
Reuters announced that today New York-based ARK funds acquired 341,186 Coinbase shares worth above $110 M. On April 14, when Coinbase stock (COIN.O) went public on Nasdaq, the firm sold some of its Tesla shares and obtained 749,205 shares of $246 M worth of Coinbase. After the second deal, the...
Turkey Disallows Crypto Payments
Turkey's central bank disallowed payments with cryptocurrencies and crypto assets saying they include transfer risks and can cause irrecoverable damage. Media of the country reported that the central bank's instructions placed at the “Regulation on the Disuse of Crypto Assets in Payments” paper...
Head of BlackRock saw no chance for BTC to become a currency
Bitcoin will not be a substitute for fiat money, but it could become a major asset class. This is the opinion of the CEO of BlackRock, which manages $ 8.7 trillion in assets, Larry Fink expressed in an interview with CNBC. Despite the successful listing on the Nasdaq of the cryptocurrency company...
Rothschild Investment's $4.75M Stake in Grayscale Eth Trust
Full-service brokerage firm Rothschild obtained 265,302 shares worth $4.75 M of the Ethereum Trust of Grayscale. This is the first time that the company has put capital into the product. The entity also expanded its stake in GBTC by about 8,000 shares, thus making them 38,346 in total....
Ether and Dogecoin Hit New All-Time Highs
In the past 24 hours, Ether and Doge reached new all-time highs: $2,547 and over $0.3 correspondingly. Hovering around $2500 for a few days, the second cryptocurrency managed to overpass the barrier. The price of the token surged above $2,547. One of the reasons to cause price increase was the...
Long-term Bitcoin storage trend continues to dominate
Long-term bitcoin holders refuse to sell all of their cryptocurrency even as it skyrockets in 2021. This is the conclusion reached by Glassnode analysts, who also recalled that this week BTC tested values above $ 64,000. Holders of the cryptocurrency dumped some of the coins during the rally,...
Berlin hardfork took place on the Ethereum network
On April 15, a Berlin hard fork took place on the Ethereum mainnet at block # 12,244,000. In anticipation of the event, the price of the asset renewed its all-time high above $ 2,460, and open interest in futures reached a record $ 8.1 billion. Berlin has implemented four proposals to improve...
Green Party of Germany received €1 million in bitcoins
Greifswald-based software developer Moritz Schmidt donated € 1 million (approximately $ 1.2 million) to the Green Party in Germany (Die Grünen). This is the largest translation the party has ever received in one go. Schmidt earned this amount from cryptocurrency trading. “The investor made it...
IRS Representative Says NFTs May be Used to Avoid Taxes
An official of the U.S. Internal Revenue Service (IRS), Charles Paul Rettig expressed his concerns about NFTs describing them as "not visible items by design". While speaking at the Senate Finance Committee hearing, Rettig said non-fungible tokens may be used for tax evasion. When asked...
One Pixel of Digital Art Sold for over $1.36 M
Interest in non-fungible tokens is growing. At the same time, some record-breaking purchases surprise many. Recently an artwork from digital artist Pak, that represented just a separate gray pixel, was sold for $1.36 M on the platform of Nifty Gateway with Sotheby’s auction house management....
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