Latest Blockchain and Crypto News

Sumitomo Mitsui Trust Bank (SMTB) and security token technology provider Securitize have privately placed Japan's first such instrument by local legislation. In Japan, firms are showing a growing interest in security token initial offerings (STOs). SMBT is a member of the Japan Security Token...

Analysts at the asset management company CoinShares found out that the interest of institutional investors in cryptocurrencies has decreased by the end of the past week. The team's report says that last week ending March 27, investments in crypto-focused products totaled just $ 21 million, the...

Tether stablecoin 1:1 backed to USD, issued a certitude report carried out by accounting operations provider Moore Cayman. The paper states that USDT units are 100% sustained. Earlier, Paxos stablecoin released a similar report. Moore Cayman's estimations show that Tether’s holdings as of Feb....

Major payments entity PayPal announced enabling US clients to pay merchants from over the world with crypto. Specifically, users holding BTC, Eth, Bitcoin Cash (BCH), and Litecoin (LTC) in PayPal wallets will have the option to exchange them with fiat money at checkouts for trading. PayPal's Chief...

Several cryptocurrency exchanges in India will send their proposals to the authorities for effective regulation of the industry. Among the recipients of the document are Finance Minister Nirmala Sitharaman and the Reserve Bank (RBI). The authors of the initiative included information on global...

Blockchain solutions company Ripple, which created the token XRP announced acquiring a 40% stake in Asian cross-border transfers firm Tranglo. The goal of this cooperation is to extend RippleNet’s On-Demand Liquidity (ODL) services in Asia. Tranglo and Ripple's cooperation suggests supporting the...

Bitcoin tried to resume expansion earlier this week and break above $ 60,000. However, the coin was able to only briefly exceed $58,000 and then rolled back again. On the night of Tuesday, March 30, the BTC rate is holding around $ 57,750. The bitcoin dominance index is now at its lowest value...

Miami Mayor Francis Suarez is known for his positive attitude towards BTC. He recently launched an initiative to pay local government officials a salary in BTC. Besides, the mayor believes that it is possible to allow residents of his city to pay taxes in cryptocurrency. During a conversation with...

If central banks launch CBDCs, then Bitcoin will lose popularity among investors. This is the opinion of the leadership of the Bank of Korea. The head of the regulator Li Zhu-Yeol stressed that BTC will gradually become history, as the decentralized cryptocurrency will simply cease to be used....

Bitcoin supporters, or so-called hodlers, continue to hoard cryptocurrency despite periodic pullbacks. Many analysts often pay attention to this trend. The Glassnode team found out that the Bitcoin market supply fell to a three-month low (45.36%). More than half of the cryptocurrency is now stored...

Latvian aviation company airBaltic announced today (March 29) about enabling Doge and Ether as a payment method. The firm was the first to accept Bitcoin payments back in 2014. Then it added Bitcoin Cash (BCH) and four stablecoins backed by the USD: USD Coin (USDC), Binance Dollar (BUSD), Gemini...

Charles Hoskinson, CEO of the IOHK company behind Cardano, vehemently rejected the possibility of a US government banning the first cryptocurrency. During the AMA (ask me anything) session, he said: “This ship sailed. Bitcoin is not...

International payments technology company Visa said on March 29 it will unlock the option of using USD Coin (USDC) to settle transactions on the platform. Visa teamed up with cryptocurrency and payment operations provider Crypto.com to launch the pilot project. The company aims to offer more firms...

A Youtuber with the nickname “stacksmashing” shared a video on March 27, where he converts his 30 years old 8-bit handheld video game console into a mining device for Bitcoin. Nintengo Game Boy was initially an electronic device for outputting a video signal or image to illustrate a video...

One of the rarest metals, iridium, has risen in price by 131% since the beginning of the year, ahead of bitcoin, which added 85% in price. A byproduct of platinum and palladium mining, the metal trades at $ 6,000 an ounce. At the beginning of the year, quotes were slightly below $ 2,600. The rally...

UK citizens will pay $ 571 million for cryptocurrency fraud. The corresponding decision was made this week by the New York District Court. The Commodity Futures Trading Commission (CFTC) initiated the lawsuit. According to the American regulator, a resident of Manchester, Benjamin Reynolds,...

Canadian singer, songwriter, and record producer the Weeknd made a vague post on his Twitter account saying his new track living in NFT space is expected soon. The Weeknd didn't disclose more details. new song living in NFT space. coming soon...— The Weeknd (@theweeknd) March 26, 2021 ...

NZ Funds Management's voluntary retirement growth fund in New Zealand has invested 5% of its $ 350 million in BTC. In October 2020, the company amended the investment declarations of the funds to invest in cryptocurrencies. Chief investment strategist James Grigor does not exclude the possibility...