Latest Blockchain and Crypto News
Australia is Looking for Ways to Practice a Wholesale CBDC
The Reserve Bank of Australia builds a partnership to find out the opportunities of practicing a blockchain-based central bank digital currency in a wholesale form. Today the officials informed the bank will be cooperating with the National Bank, an Australian multinational bank CommBank, the fund...
Whales are buying up ChainLink despite criticism of this it
The accumulation of the ChainLink (LINK) cryptocurrency continues, with influential investors or so-called “whales” showing a lot of interest in it. Researchers from the Santiment team this week published another review on this crypto project. It says that whales have been actively buying LINK...
Inflow of BTC on crypto exchanges fell to a three-year low
More and more investors are switching to long-term storage of bitcoins. The flow of BTC to cryptocurrency exchanges has dropped to a three-year low. Players prefer to keep coins in so-called "cold" wallets and do not intend to sell them even if a negative trend returns to the market. In...
Bitcoin Turns 12 Years Old with the Price Hitting $14.000
12 years ago, on October 31, Satoshi Nakamoto, Bitcoin’s pseudonymous creator, published the whitepaper that became the start of the financial revolution. In the whitepaper Nakamoto described a peer-to-peer payments system that expanded across a distributed ledger, powered by a network of...
PayPal users now can buy bitcoins through the Paxos exchange
The news was provided by Circle Co-Founder and CEO Jeremy Aller, who shared on Twitter a screenshot of a purchase confirmation worth about 0.0075 BTC equivalent to $100. The purchase rate was $ 13,265 plus a small spread, no commissions were charged. At the moment, PayPal is not a BTC wallet, but...
Bitcoin hashrate fell to three-month low
The activity of bitcoin miners continues to update lows: the network hashrate on Saturday, October 31, fell to 116 exhashes per second (EH/s). The last time such a volume of computing power used to mine cryptocurrency was observed at the end of July 2020. However, there is no reason to panic, said...
Blockchain Could be Used in the US DoD
Many people associate blockchain with safety and distribution systems. The winner of a contention held by the United States Department of Defense represented these features from a new perspective. As innovations have their impact on modern warfare, the DoD keeps exploring methods to practice them...
Binance CEO rejects allegations of violating US laws
Binance CEO Changpeng Zhao said that his marketplace complies with US law and generally prefers to operate strictly within the legal framework. With this statement, he commented on the accusations that the exchange allegedly uses its American branch to circumvent local laws. We will remind, the...
Huawei unveils smartphone with built-in digital yuan wallet
The Chinese company Huawei has unveiled a smartphone with a built-in hardware wallet for China's central bank digital currency (CBDC). At a press conference on Friday, October 30, the company announced the release of the Huawei Mate 40 smartphone. Yu Chengdong, Huawei's general manager of consumer...
Wrapped Bitcoin the 6th Largest Token on Ethereum
The market cap of Wrapped Bitcoin (WBTC) has reached $1.5 B which is 80% of the total BTC held on Ethereum. WBTC is the most common kind of Bitcoin used on the Ethereum system. The official website informed that at the moment there are 116,885 WBTC overall, supported by the same number of BTC held...
FTX launches trading in tokenized shares of large companies
FTX Crypto Derivatives Exchange Launches Tokenized Stock Trading. The exchange will enable users to buy stakes in companies such as Tesla, Amazon, Apple, Facebook, and Netflix. Fractional stock trading allows you to buy less than one share. FTX has partnered with German finance company CM-Equity...
Peter Schiff compared BTC to a bubble of the early 2000s
Peter Schiff, who heads financial services firm Euro Pacific Capital, is known as one of Bitcoin's fiercest opponents. This businessman on Twitter and during his public speeches always points out the risks of investing in cryptocurrency. In his opinion, BTC is the greatest bubble he has ever seen....
The New KP3R Token by Andre Cronje Hits Records
The most recent token offering by Yearn Finance architect Cronje has soared within hours of launch. The Keep3r Network was introduced on October 28, was created to solve the actual issues with intricate systems of smart contracts. Just within a few hours of the launch, the KP3R token is rising high...
Telos Launches a Gig Economy Based on Blockchain
While a global employment crisis continues, the role of the gig economy is growing making progress into the blockchain industry. In a gig economy, impermanent, flexible employments are usual and companies tend toward hiring self-employed people and freelancers instead of full-time workers. As a...
Ripple Extends Its Partnership with SBI Holdings
Officials announced that Ripple has invested in Money Tap, a secondary of Tokyo-based financial group SBI holdings. With the recently introduced funds, Money Tap can boost the development of new functions and services like community currency, business payments as well as inbound and outbound...
Miners started selling ether
In the second half of October, miners started selling Ether (ETH) - this is an extremely alarming signal for the altcoin. A report from the Santiment team says bearish sentiment is on the rise. The activation of miners has become one of the factors signaling a more significant drop in the price of...
JPM Coin blockchain project will be used for payments
JPM Coin, the digital currency of investment bank JPMorgan, will be used commercially for the first time this week when sending payments around the world. Said Takis Georgakopoulos, head of the bank's payment department. JPMorgan launches a division called Onyx, which develops blockchain and...
Monero hits its highest price for 2020
Apart from Bitcoin, Monero also peaked in 2020. XMR's price today is the highest in more than two years, since September 2018. The all-time maximum was reached on January 9, 2018, when, during a speculative bubble, the price was at $ 542, followed by a sharp drop, which in August of the same year...
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