Latest Blockchain and Crypto News
IRS Will Get the Information About Circle's Crypto Traders
The US tax regulator IRS (Internal Revenue Services) will access the details about crypto exchanges above $20,000 that took place on the Circle platform from 2016 to 2020. The US Department of Justice published the decision on April 1. IRS's request to employ John Doe Summons to reach the data was...
DOGE reacted with growth to another tweet by Musk
Tesla CEO Elon Musk once again provoked a surge in the price of Dogecoin (DOGE) cryptocurrency. Previously, the famous inventor has repeatedly posted posts on Twitter promoting altcoin. The situation repeated itself this week. Almost immediately after another "dog coin" tweet appeared,...
BTC Mining Difficulty Reaches New Highs
BTC mining difficulty has gone up to new highs after a comparatively slower period of few months. Data reveals that the Bitcoin network's mining difficulty indicator reached 23.14 Trillion on April 1, 2:00 UTC. This is 5.82 higher than the previous record set on March 20. In terms of the...
China and Hong Kong began testing the digital yuan
The People's Bank of China has begun cross-border trials of CBDC. Wang Xin, head of the research bureau of the Central Bank of China, told about this. Together with the Chinese Central Bank, the Hong Kong Monetary Authority is participating in the testing. As Wang Xin noted, testing of the digital...
UK ministry released a new guide for crypto owners
The UK Internal Revenue Service (HMRC) has published an updated guide to cryptocurrency transactions. The new document brings together guidelines for businesses and individuals. For the first time, it touches on loans secured by cryptocurrencies and staking. According to the ministry's explanation,...
Tesla helps fix BTCPay Bitcoin processing bug
Tesla pointed out a vulnerability in the code of the BTCPay Server processing service. The developers have released an update and expressed gratitude for the assistance. BTCPay founder Nicholas Dorier said that Tesla contacted the developers after conducting an audit. The service representatives...
Bitcoin Is Seeing Its Best Performance Since 2013
BTC has been seeing the best quarter of its performance after the year 2013. The first quarter of 2021 came to the end. The majority of top cryptocurrencies have made progress during this interval. The entire market cap of all crypto assets stands at around $1.9 trillion currently. Bitcoin trades...
Alameda Research funded $4M in prime agent from South Africa
South Africa-based OVEX cryptocurrency prime broker raised $ 4 million from Alameda Research. The company will use the funding received during the strategic investor for staff expansion and international expansion. OVEX identified the UK, UAE, Canada, Kenya, and Nigeria as the most interesting...
The Weeknd Tells More Details About His NFT
Performer, songwriter, and record producer the Weeknd revealed introducing his first NFT on the digital art platform Nifty Gateway on April 2. The sale is planned to begin at 2 PM EST. Excited to announce that my first NFT drop is taking place on Saturday at 2:00 pm EST on @niftygateway. The...
Enjin Launches Polkadot-Powered Blockchain for NFTs
Video game community and creation protocol Enjin has gathered $18.9 M to bring out an innovative blockchain on Polkadot, created for Non-Fungible Tokens. In a blog post, issued on March 31, the team presented the blockchain Efinity. Enjin boosted nearly $19 M to support the project in the...
Filecoin Now Is Among the Top 10 Tokens by Market Cap
FIL, the native token of a decentralized protocol Filecoin, has seen significant price growth. At the moment the token trades at around $210.68 and ranks the ninth in terms of market capitalization which is above $13.3 billion. The interest in investing in FIL has been surging. On March 17, asset...
Fake Trezor app stole $1.6M worth cryptos from users
Users have lost at least $ 1.6 million due to a fraudulent service masquerading as a Trezor hardware wallet application. One of the victims, Phillipe Christodoulou, found an app in the App Store called "Trezor". After he entered his details to check the balance, all of his bitcoins were...
In Q2 Goldman Sachs Will Bring Out BTC Investment Product
New York-based international financial services company Goldman Sachs plans to offer investors crypto products during quarter 2 of 2021. The company's global head of digital assets for the bank's private wealth management division Mary Rich revealed the news in terms of the interview held by CNBC....
Blockstream will launch Bitcoin hashrate-backed token
Infrastructure company Blockstream has announced the release of security tokens designed to make it easier for investors to mine the first cryptocurrency. Each Blockstream Mining Note (BMN) will grant the owner the right to mine bitcoin with a hash rate of 2000 TH / s at the company's facilities in...
UK Crypto Firms to Issue Yearly Financial Crime Reports
The regulatory agency of the United Kingdom, Financial Conduct Authority (FCA) said that crypto assets firms refer to the class of organizations that must deliver financial reports of crime (REP-CRIM) annually. We have published our policy statement, which will see #crypto asset businesses added...
XRP Owners' Appeal to Take Part in the Trial Is Granted
On March 29, the U.S. district court of New York issued an answer to the request made by XRP holders. Judge Analisa Torres approved their appeal to be engaged in the SEC’s lawsuit against Ripple Labs as third-party defendants. As stated in the released decision, XRP holders can file their motion...
BNB has the best performance out of the top 10 altcoins
Over the past 24 hours, the digital currency Binance Coin (BNB) has achieved the best results. This coin has skyrocketed in value by over 10% and is now trading at a three-week high. At the time of publication of this review, the BNB rate has risen to $ 303. The market capitalization of the altcoin...
Coinbase Employed Ex-SEC Officer Brett Redfearn
Leading cryptocurrency trading platform Coinbase has employed a previous executive of the SEC's Trading and markets section Brett W. Redfearn before going public with direct placement on Nasdaq. Brett Redfearn's position at Coinbase is Capital Markets' head. He is an experienced specialist serving...
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