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Latest Blockchain and Crypto News



Bitcoin price rises

Bitcoin rises above $8000 and continues to grow

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The first cryptocurrency broke the psychologically important mark of $8,000 and continues to grow. At the time of writing, the price of BTC reached $8645. Bitcoin overcame the previous sign level of $7,000 more than three weeks ago. During this time, the cryptocurrency periodically dropped below...

Tether USDT capitalization

Tether capitalization exceed $7 Billion

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This month, the capitalization of Tether (USDT) has grown by 45%. The asset now ranks fourth in ratings like CoinMarketCap or CoinGecko, "breathing in the back" to the Ripple XRP token. The screenshot below shows that on April 1, the USDT capitalization was at $4.92 billion. Now, this...

China

China's CB attracted another development team to test token

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The number of participants in the Chinese Digital Currency (CBDC) launch project continues to expand. The People's Bank of China announced that a startup specializing in the development of services based on AI is going to take part in testing the digital version of the renminbi. The SenseTime team...

BitMex Japan

BitMEX will limit access to its platform for Japanese users

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Seychelles crypto derivatives exchange BitMEX will soon prohibit all users from Japan to use their platform. On Tuesday, April 28, the exchange announced that since April 30 it plans to restrict access to its platform for residents of Japan and prohibit existing users from placing orders from May...

Sichuan

China aims to use excess hydropower in blockchain industry

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The authorities of Ya'an, one of the cities in the Chinese province of Sichuan, issued a guide on the use of “strategic opportunities in the blockchain industry," which include the use of excess hydroelectricity. In December, China accounted for 65% of the world's bitcoin hashrate, and the...

Tezos

Tezos topped Weiss agency rating. BTC is only 11th.

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Altcoin Tezos received first place in the ranking compiled by Weiss Crypto Rating. The researchers presented a list of the best cryptocurrencies at the end of last week. They analyzed the technology of each ecosystem and concluded that the best project is Tezos, which has also aggressively added...

Bitmain Micree Zhan

Micree Zhan attempts to regain control of Bitmain

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Bitmain, the largest producer of mining equipment for Bitcoin, has published an official statement condemning ex-CEO Micree Zhan. This is reported by The Block, citing Bitmain's post on Weibo. The statement said that Zhan ignored the interests of the company and all employees and specifically filed...

dForce hack

Customers of the hacked dForce got back their $25 million

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The management of decentralized finance service dForce announced a plan for the redistribution of assets after an attacker returns all funds stolen from the site in the amount of $24.9 million. Over 90% of assets have been distributed to users in less than 24 hours. 100% users have been made whole...

swiss startups coronavirus

Swiss crypto startups asked for financial assistance

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Representatives of the "Crypto Valley" of the Swiss Zug are negotiating with the authorities on the creation of a special fund of 100 million francs (about $102 million) to help startups affected by the crisis against the backdrop of coronavirus. It is reported by Bloomberg with reference...

Pulse social platform

Bitfinex launches Pulse social platform for its users

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The Bitfinex crypto exchange has launched a social platform called Pulse for its users. Pulse allows Bitfinex customers to share info. “The concept of a social network for traders is certainly not new. What sets Pulse apart from others is the quality of the content available, ”said Paolo...

Kim Jong-un transferred Bitcoin

Kim Jong-un's transfer of $500 million in BTC is a fake

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CoinDesk journalist Zach Voell decided to make a joke about the community in a rather original way, spreading fake news about the transfer of 65,091 BTC (more than 500 million) from the Trezor wallet, allegedly belonging to the DPRK leader Kim Jong-un. He designed his account in the style of the...

Binance team

The number of Binance employees has grown from 50 to 1000

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Binance was established in 2017, and since then the number of its workers has grown 20 times, breaking 1000. Yi He said in an interview: “When Binance began work in 2017, there were less than 50 workers. Today we have more than 1000 employees, and we accept new people every day.” Binance ICO...

Futures

In the Q1, crypto futures trading grew by more than 300%

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The negotiating amount of crypto futures surpassed $2 trillion in Q1 of 2020. Opposed to the Q4 of the last year, trade increased by 314%. Analysts emphasize that in 2019, the trend for an increase in activity in the cryptosphere futures market dominated. A slight decrease in trade was observed in...

Ebang International investment

Chinese mining giant Ebang intends to raise $100 million

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Mining equipment manufacturer, Ebang International, has submitted an initial public offer (IPO) to the US Securities and Exchange Commission, during which the company intends to raise up to $100 million, the agency’s website reported. The Chinese company intends to place Class A ordinary shares...

Binance mining pool

Binance mining pool found the first block in Bitcoin network

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The recently launched Binance mining pool has mined its first block. This was told by its CEO. Guess what is this?Click thread to see the answer. pic.twitter.com/MTVEoPYklj— CZ Binance 🔶🔶🔶 (@cz_binance) April 24, 2020 The indicated block is numbered 627,434 and was mined at 13:31...

Huobi

Japan regulator approved Huobi token and 25 other assets

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The Japan Financial Services Agency (FSA) lately adopted Huobi Token (HT), and the eponymous exchange became the first global platform whose native token received permission from a specific jurisdiction. FSA has established HT as a crypto asset that complies with the country's regulatory rules, and...

Cuba

The first decentralized Bitcoin exchange launches in Cuba

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In early April, Italian-Cuban entrepreneur Mario Mazzola developed and expanded a decentralized p2p bitcoin exchange in Cuba. Cryptocurrencies are currently not banned in Cuba. Most global companies shy away from this country due to US sanctions. Mazzola told the media that the Qbita crypto...

Commodity Futures Trading Commission

LabCFTC head: COVID-19 can digitalize the payment base

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Melissa Netram, head of the research division of the Commodity Futures Trading Commission (CFTC), predicts an acceleration of the transition to a qualitatively new financial infrastructure. The structure of the global economy is changing. For some areas, the crisis will deal a crushing blow, but...

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