Latest Blockchain and Crypto News
Crypto Market Cap Got Ahead of Google Stock With $1.4T
Crypto market cap has made a great advancement recently. The first time ever it has surpassed Alphabet’s GOOG and GOOGL in terms of market capitalization. Today the indicator hit $1.413 trillion. At the moment, the market cap of GOOGL and GOOG stands at $1.39 trillion, while the one of crypto...
Binance Coin soars above $100
Binance Coin (BNB) made another breakthrough last Tuesday. For the first time in its history, the coin broke through the resistance around $ 100 and continued its expansion. On Wednesday night, February 10, the BNB rate rose to $ 108. Cryptocurrency capitalization is now just over $ 16.543 billion....
Korean hackers have stolen over $300M in crypto in two years
Cybersecurity experts found out that in 2019-2020, North Korean hackers seized about $316 million in bitcoin and other cryptocurrencies, according to the report of the Committee under the UN Security Council to monitor compliance with sanctions against Pyongyang. The researchers found that hackers...
Blockfolio service was hacked
Blockfolio, a cryptocurrency portfolio management service, has been hacked. The hackers sent messages to users, which said "the closure of the service for black people and n**** with the immediate loss of all funds." We are incredibly sorry about the offensive messages posted today.1: no...
Mike Novogratz: Looking forward to Bitcoin for $100,000
Galaxy Digital CEO Mike Novogratz predicts further growth in the value of bitcoin (BTC). On Bloomberg TV, he said that the price of the cryptocurrency could reach $ 100,000 by the end of this year. On Tuesday, February 9, the BTC rate exceeded $ 48,000, but the coin could not keep at this level....
Ethereum Went up to $1800 Due to Institutional Investments
The price of the Ethereum blockchain's native token hit a new all-time of $1800 today. Currently, Eth trades at around $1770. Earlier BTC soared to $48.000. These two coins own 75% of the entire crypto market which is over $1.3 trillion 80% of the last week's crypto inflows belonged to Etherum. The...
BTC Price Surged $48.000 After Tesla's Purchase
On Monday, Tesla Inc. announced buying $1.5 B in Bitcoin. The company wrote about the purchase in its 2020 annual report. Within a few hours, the price of the cryptocurrency grew by 22%, setting a new all-time high. Bitcoin is getting more and more closer to $50.000. At the moment, it trades above...
Visitor number of crypto exchange sites has grown in January
The number of visits to sites of cryptocurrency exchanges in January 2021 reached the highest values in the last few years. Last month, about 344 million Internet users visited the sites of the trading platforms. That is a new high, the researchers note. For comparison, in December, 196 million...
Doge Is in the Top 10 Crypto Coins by Market Cap Again
The attraction to the crypto industry continues to remain high, with the market setting new records. At the moment, the total market cap of cryptocurrencies stands at $1.21 trillion. This growth is connected mainly to the BTC price, which reached $41000 on Friday. The leading cryptocurrency now...
India is exploring the adoption of a digital asset law
The Indian government is considering an abbreviated procedure for passing a digital asset industry regulation law. The country's government is considering a bill that will ban the use of private digital currencies, as well as, create a regulatory framework for the “digital rupee”. The bill is...
Poolin mining pool acquired the NovaBlock hashrate
Chinese mining pool Poolin has obtained the hashrate of its competitor NovaBlock intending to expand in North America. The hashrate transfer will end on February 8th. The NovaBlock hashrate, 1.07 exaches per second (EH/s), will be combined with 12.28 EH/s Poolin. After the purchase, Poolin will...
Amber Group CEO refuses to consider Bitcoin a bubble
According to Michael Wu, CEO of Amber Group, Bitcoin (BTC) should not be classified as a bubble. Volatility is likely to remain, for now, however, BTC has already emerged as a class of reliable assets, the businessman said in an interview with CNBC. Many investors are suspicious of cryptocurrency...
Nigeria's Central Bank Ordered to Shut Crypto Accounts
Nigerian financial authority, the country's Central Bank published a letter on February 5, in which commended regulated financial establishments to shutter accounts engaged in cryptocurrency-involved activities. In the paper, CBN informed that financial institutions will identify individuals and...
Ethereum Surged to $1750. Miners' Profits Also Went Up
Today the price of Ethereum reached a new all-time high of $1750. Within a week, the cryptocurrency has gained over 25%. Three days ago, CME Ether Futures was launched. It is now a part of cryptocurrency risk management solutions available at derivatives marketplace CME (Chicago Mercantile...
Klarna CEO urged businessmen to stop promoting bitcoin
CEOs need to move away from popularizing Bitcoin, which could pose threats to consumers. That point of view is shared by Klarna CEO Sebastian Semyatkovski. The top manager stressed that a tool has appeared on the market that does not have any security. This financial product poses real threats to...
On-chain Volume of Stablecoins Surged $300 B in January
January was a successful month for stablecoins. Data shows that their on-chain volume went up to $308.7 billion compared to December when it was $178 billion. The largest share, about $199 billion belongs to Tether (USDT). It is a stablecoin pegged 1:1 to the U.S. dollar and operates across...
Grayscale spoke about the rise in capital investments in ETH
Grayscale, which manages the assets, has significantly increased its investments in Ether (ETH) over the week. The Ethereum Trust of this giant in dollar terms increased by $38 million. Thus, the company acquired another 24,796 ETH. The largest altcoin has made a historic breakthrough this week....
KuCoin CEO: Insurers refunded part of losses from hacking
In September 2020, the KuCoin cryptocurrency exchange was hacked. As a result, hackers stole up to $ 285 million in cryptocurrency. According to platform CEO Johnny Liu, insurance companies took part in recovering losses incurred as a result of the attack. He emphasized that thanks to the...
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