Latest Blockchain and Crypto News

Against the background of the rise in the price of Ethereum to $330, Chinese miners became interested in mining the second-largest cryptocurrency in terms of capitalization. However, their plans were in jeopardy due to a shortage of video cards and an increase in their cost, writes 8btc. As a local...

According to billionaire and Galaxy Digital CEO Mike Novogratz, gold and bitcoin will update their highs soon. The financier expressed this point of view on the air of the CNBC television channel and noted that both assets are the best form of capital preservation in the face of rising inflation....

Ethereum developers have partnered with Consensys and DeepWork Studio to release a "Launch Validator Platform" for the Medalla Testnet, which will launch on August 4th. The goal of the platform is to teach the self-staking process on the Ethereum 2.0 blockchain, which will run on the...

Synthetix, the largest decentralized derivatives platform, has moved to a decentralized governance model. This is reported in the project's blog. Now the organization behind the project, the Synthetix Foundation, is to be liquidated. Instead, governance will shift to three Decentralized Autonomous...

Abra platform added the ability to earn up to 9% per annum on deposits in cryptocurrency and stablecoins. According to the information on the company's website, the stablecoins TrueUSD (TUSD), Tether (USDT), and USD Coin (USDC) bring the greatest returns - 9% per annum. The annual return on...

Tetras Capital, a crypto hedge fund that went short on ETH, has announced it will close. Tetras has lost 75% of its capital since launching in 2017 and is now returning the remaining funds to investors. The New York fund started trading altcoins and later became known for its critical statements...

Cardano is planning to become the most attractive network for launching DApps soon. The intention to make the network the main competitor of Ethereum was told by its founder and CEO of IOHK Charles Hoskinson. On Twitter, he wrote that next year, the reputation of his project among DApps developers...

The number of addresses on the Ethereum network making daily transactions continues to grow. The trend towards increased user activity was previously recorded by many researchers. Recently, the Xangle Research team published a report in which they noted that in the second quarter of 2020, the...

On July 26, analysts at Glassnode released data suggesting that the current rise in the price of bitcoin above $ 10,000 will be distinct from the last two. The price of bitcoin touched $10,000 several times in 2020, along with the growth of the Glassnode metric called Bitcoin Days Destroyed (the...

The volume of funds blocked in the MakerDAO DeFi protocol reached $1 billion for the first time, strengthening the project's leading position in the decentralized finance market. This is evidenced by data from the DeFi Pulse. Over the past day, this figure has increased by 6.7%. Blocked funds have...

Amid growing hype around the decentralized finance (DeFi) industry, yEarn Finance, a lucrative farming project, has attracted increased attention in recent days. In just a week since the launch, the YFI token soared from $34 to $4500, after which it rapidly went down, having lost almost a third of...

In the conflict for power at Bitmain, the physical theft of mining equipment has now appeared. In a new post on Bitmain's WeChat channel, former Bitmain employees illegally took out 10,000 Antminer bitcoin miners from one of the company's divisions. Reportedly, the S17, T17, S9 series models were...

The trial of Alexander Vinnik, co-founder of the now-closed cryptocurrency exchange BTC-e, who was extradited from Greece to France, will take place on September 14. According to the lawyer, the order to send the case to court was signed by the investigating judge three days ago. Belo stressed that...

Crypto lending platform Celsius Network announced that on Monday, July 27, it will close the round of financing through the issue of shares with raised investments of more than $18.8 million. Qualified investors, including those from the United States, could take part in the round. The minimum...

The total number of retail and institutional clients of Coinbase exceeded 35 million. The largest US crypto company cited such data in its first half-year institutional review. At the beginning of 2020, the number was 30 million customers. Coinbase noted that the current year has become important...

Apple co-founder Steve Wozniak has joined in a legal battle against YouTube, in which the video hosting site is accused of fake videos that use celebrity names to send cryptocurrencies to scammers. Lawyers for Wozniak and 17 other people who have sustained from such actions of scammers have sued...

Shapeshift, a Swiss self-service cryptocurrency storage platform, has launched an app for iOS and Android users that lets them buy and sell bitcoin, ether, and other crypto coins without trusting private keys to third parties. The application requires users only email and password to enter the...

Crypto exchange Binance has announced support for the Dai stablecoin (DAI) and Maker Token of the MakerDAO platform. Against the background of this news, the MKR quotes went up sharply, at the moment they came close to the $600 mark. Trading in pairs MKR/BNB, MKR/BTC, MKR/BUSD, MKR/USDT, DAI/BNB,...