Latest Blockchain and Crypto News

Many cryptocurrency exchanges were forced to either leave the Indian market or limit their presence in it. They made this decision against the backdrop of tightening control over the cryptosphere and high taxes on market participants. However, according to the CEO of the KuCoin platform, Johnny...

The US SEC is looking into Coinbase over the sale of digital currencies that the agency views as securities. A Bloomberg article says that people familiar with the subject noted that the SEC increased scrutiny around Coinbase after the platform added the number of cryptos it offers for trading. A...

At the end of last year, China and Hong Kong began the second phase of testing the digital version of the yuan (CBDC). To increase the popularity of the token, the People's Bank of China wants to endow it with approximately the same functions that conventional cryptocurrencies have. Transactions...

US senators introduced a bill that suggests making cryptocurrency transactions under $50 tax-free. The authors of the paper are Sen. Patrick Toomey (R-Pa.) and Kyrsten Sinema (D-Ariz.) Previously, the Senate presented another bill to simplify the tax system for daily crypto users who should report...

The restriction of withdrawals was notified by the Zipmex cryptocurrency exchange in Thailand last week. Local regulators then made the trading platform's problems public and began interacting with the customers who had been harmed by the outage. Information on the impacted traders is being...

Rostin Behnam, Chair of the Commodity Futures Trading Commission, finds that the agency should have more authority to supervise the crypto sector. At the forum "The Future of Crypto Regulation" the official said that there is a need for clear market regulations over digital commodity...

Most experts agree that in the middle of this week the US Federal Reserve System will once again raise the discount rate. Investors are redistributing their portfolios in favor of the dollar. The US dollar index is growing for the second day in a row. In parallel, there is a correction in the stock...

The Chief Executive Officer of Binance, Changpeng Zhao (CZ) filed a lawsuit against Modern Media, Bloomberg Businessweek/Chinese-language publisher. CZ accuses the company of defamation. According to a report by Hong Kong Economic Times, CZ said Bloomberg Businessweek published an article on July...

Amid the bear market, many crypto companies and hedge funds have run into trouble. Well-known financial corporations began to acquire a stake in this business. According to many experts, the entry of large capital into this sector of the economy will help maintain its liquidity and minimize new...

Sharing his thoughts about Bitcoin, Blockstream CEO Adam Back agreed that it's apolitical and unseizable currency. At the Asian Leadership Conference, the CEO of an El Salvador-based Bitcoin trading startup Jan3, Samson Mow said governments can freeze people’s money and they won't be able to do...

According to the founder and former CEO of BitMEX crypto exchange Arthur Hayes, bitcoin hit bottom in June. The fall of BTC to $18,000 last month was a landmark event for the entire market. Many traders and speculators left the cryptosphere after such a collapse. It was at this moment that the...

Audius, a decentralized music platform was hacked. As a result, cryptos worth $6.1 M were transferred. Hacker could make away with $1 M. On July 27, Audius confirmed a proposal, which requested the transfer of 18 M Audius' native AUDIO tokens. On July 24, Spreek Away tweeted that the attacker made...

US officials arrested a former officer at Coinbase for conducting insider trading. According to a release by the US Department of Justice, there are three charges in the first crypto insider trading tipping plot. The document says the former employee Ishan Wahi together with his brother Nikhil...

Tim Sweeney, CEO of the Epic Games Store, stated that the company has no intention of giving up on non-fungible token initiatives (NFTs). Sweeney reiterated the firm's policy in response to a Twitter user's request to "get rid of every game in the store." "You should have the...

Taiwanese regulators plan to ban the use of credit cards for cryptocurrency purchases. Local media reports that the Financial Supervisory Commission sent a letter to the Association of Banks saying that virtual currencies are highly speculative and risky. They added that the cash flow is complex...

At a recent European Ethereum Conference, Vitalik Buterin shared his vision about the expected merge, the difference between Ethereum and Bitcoin, the future of Ethereum, etc. Buterin mentioned that while Bitcoiners think BTC is 80% complete, Etherum supporters consider the system to be complete...

At the beginning of this week, it became known that the American company Tesla sold the lion's share of bitcoins. The electric car manufacturer announced its investment in BTC last winter. From the financial statements for the second quarter of 2022, it follows that the company sold 75% of...

In early April, the press service of the UK government announced its intention to recognize stablecoins as a means of payment. On the eve of the Parliament submitted the relevant bill. Its authors hope that the legalization of digital currencies with fiat and other collateral will strengthen the...