Latest Blockchain and Crypto News

Financiers Warren Buffett and Charlie Munger fail to grasp the real potential of Bitcoin and other digital currencies. BTC is a brand new technology designed to revolutionize the global financial system, said popular TV presenter Kevin O'Leary. Recall that Buffett and Munger periodically criticize...

The Senate of Paraguay approved a bill related to crypto regulations. Earlier, in December, the Senate had voted for a bill, but later the lower house recommended some modifications. After this, the document was directed to the upper chamber again. Currently, the law is approved by both chambers,...

According to a report by the research solutions company Crunchbase, crypto financing fell in the first half of 2022. In that period, crypto companies generated about $9.3 bln in venture capital compared to the $12.5 bln of the last year. Meanwhile, the number of deal flow reached 534 from 456 in...

The president of Russia, Vladimir Putin approved a law that makes cryptocurrency payments not legal in the country. According to the statement, the Ruble is the only accepted monetary unit in Russia. The new law defines that digital assets and rights aren’t accepted as monetary surrogates any...

Digital assets brokerage and lending services provider Voyager, which applied for Chapter 11 bankruptcy recently, asked the court to honor user withdrawals from the custodian bank. A report by The Wall Street Journal says the company's filings show that they asked for a judge's approval to fulfill...

OpenSea will cut 20% of its staff, co-founder and CEO Devin Finser said in a letter to the team. He attributed the massive layoffs to "an outstanding combination of crypto winter and across-the-board macroeconomic volatility." “We need to prepare the company for a possible long...

The Ethereum dev team published a paper which reveals a new launch date for the upcoming Marge based on testnets and updates. The planned date is Sept 19, when Ethereum will begin relying on Proof-of-Stake instead of Proof-of-Work. According to a tweet by Ethereum’s Beacon Chain community...

The European Central Bank plans to complete studies on the digital euro by the end of autumn 2023. After that, the regulator will present the official concept of CBDC, according to the report of the ECB, published in the middle of this week. Its authors believe that the regional digital currency...

SEC chairman Gary Gensler said in a recent interview with Yahoo Finance that the agency has a disclosure regime, according to which crypto lending and trading companies need to communicate with the SEC. He also mentioned that regulators can tailor disclosure rules. Gensler noted that maybe not all...

In this guide, you will learn about the basics of running a Tron node, which is one of the oldest smart contract platforms in the world. Requirements To run a Tron node, the basic requirements...

Polygon, a scaling solution for the Ethereum blockchain and a Web 3 infrastructure is one of the tech companies to take part in Disney’s Accelerator Program. It is focused on advancing opportunities between innovative technologies and Walt Disney. This year, the program is directed toward AR,...

Last February, aged billionaire Charlie Munger said that investors should not buy bitcoin and other virtual coins. The cryptocurrency is trying to get the status of digital gold, however, due to the volatility of BTC, it has not earned the right to be called a safe-haven asset. This week, the...

The Federal Reserve of the US has been exploring Bitcoin. The Cleveland Fed released a study titled "The Lightning Network: Turning Bitcoin into Money" which investigates LN's role for BTC payments. Lightening is a secondary transaction layer launched in March 2018, which operates outside...

Many experts agree that the cryptocurrency market has entered a long bearish phase. One of the factors reflecting the fears of investors was a sharp reduction in funding for blockchain startups. According to the results of the second quarter, venture capital investments in this business segment...

Cryptocurrency lender Celsius applied for Chapter 11 bankruptcy. A release by the company says that the filing is voluntary and aims to steady the business through restructuring and generate maximal value for all stakeholders. Moments ago, @CelsiusNetwork filed voluntary petitions for Chapter 11...

The Bank for International Settlements (BIS) supports central banks' plans to create national digital currencies (CBDCs). Back in 2021, this financial institution published a report in which it predicted that the introduction of Central Bank tokens will lay the conditions for the modernization of...

A court in the United Kingdom approved the use of blockchain during a legal action for the first time. The ruling was related to a lawsuit started by Fabrizio D’Aloia, founder of a virtual gambling business. According to a Time article, D’Aloia is suing the digital assets exchange Binance and...

Kazakhstan’s president Kassym-Jomart Tokayev approved a new law that increases taxes on crypto miners based on the consumed electricity and costs. The law defines that the new tax rate is set by the medium rate of electricity used to mine cryptos during a certain tax period. Also, there are...