Latest Blockchain and Crypto News

According to strategist and vice president of DBS Bank Daryl Ho, bitcoin has several advantages over traditional currencies. He told reporters that transactions on the BTC network can be made continuously and without the need for approval from any regulatory authorities. Independence is the main...

Texas regulators are investigating crypto exchange FTX Trading, FTX US, and founder and CEO Sam Bankman-Fried over potential securities violations. According to a state filing, regulators are probing whether yield-bearing accounts of the platform should be viewed as unregistered and non-permitted...

Blockchain-based payment network Ripple is testing an option to allow the deployment of smart contracts for Ethereum on its XRP Ledger. On its developer platform, Ripple announced that the first stage of the EVM sidechain for XRPL is currently live. Now, developers can carry out tests before...

In a forecast released at the start of 2022, Ark Investment anticipated that bitcoin will increase to $1 million. Analysts predict that during the coming years, the BTC rate will increase. CEO of Ark Investment, Cathy Wood, likewise anticipates a risky scenario. According to her, bitcoin will soar...

Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), declared at the end of 2021 that his agency should oversee transactions involving digital currency. According to him, securities regulations can be used to control these transactions. Gensler changed his position last...

QNT, the native crypto of the blockchain interoperability network Quant, saw about 40% price increase in the last 7 days despite bear market trends continuing to dominate. Currently, QNT is the 28th largest crypto with over $2.6 billion market cap. The token trades at around $218. Quant was founded...

South Korea aims to offer citizens digital identities secured by blockchain tech through smartphones to boost its economic growth. According to a report by Bloomberg, the country will launch digital IDs in 2024 and plans their adoption by 45 million citizens within two years. An economist at...

Popular cryptocurrency wallet Metamask started allowing instant bank funding for US customers to buy crypto. MetaMask's parent company Consensys announced the news, saying that users can turn their fiat into crypto due to integration with the fiat and crypto settlement platform Sardine. Through...

Binance Pool has announced the creation of a $500 million fund to provide debt financing to struggling bitcoin miners. The initiative targets both public and private players in the industry. The loan will be issued for a period of 18 to 24 months secured by cryptocurrencies and/or...

Nigel Farage, a former Member of the European Parliament believes that Bitcoin is the ultimate freedom. At the Bitcoin Amsterdam conference, he said Bitcoin, as any new idea, faces the opposition of the entire establishment. Farage finds that Bitcoin is an economic insurgence driven and led by...

The Dominican government will launch its national fan token, Dominica Coin (DMC) in partnership with the Tron blockchain protocol. The digital asset aims to help promote the country's heritage and tourist attractions. According to a release by the Office of the Prime Minister, the collaboration...

Crypto investigation and transaction monitoring solution Chainalysis announced that October has been the biggest month in the biggest year of hacks although we’re only in the middle of the month. By now, around $718 M was stolen in DeFi protocol hacks across 11 attacks. On October 11, four...

In his recent interview with Bloomberg, the CEO of the crypto-focused hedge fund Pantera Capital, Dan Morehead said he believes that Bitcoin and blockchain are going to change many different things for billions of people. He mentioned that the technology is borderless and operates in every country....

As of the end of summer 2022, the cumulative volume of e-CNY transactions reached 100.04 billion yuan (~$14 billion), according to the People's Bank of China. For comparison, at the end of 2021, the figure was 87.57 billion yuan (~$13.68 billion), and 261 million unique digital wallets were...

Coin Center, a crypto group performing research and advocacy, filed a suit against the US Treasury Department related to the Tornado Cash ban. The group together with people seeking privacy asked the court to delist the platform from sanctions. Jerry Brito, Coin Center’s director-general tweeted...

Ethereum (ETH) on the night of Thursday, October 13, fell to $1267. The largest altcoin has been trading above $1,300 for the past few weeks. The September fork of Merge did not help the coin, on the contrary, after the update, it began to lose ground. Trading in a narrow range signals that...

A new release by investment manager Morgan Stanley says the crypto industry is getting less decentralized. According to it, although blockchain technology may be decentralized, the potential risk is that while regulations toward crypto develop, there is a need to implement most of the operations on...

International investments company BNY Mellon has released bitcoin custody services. According to a publication by the company, the Digital Asset Custody platform is now live in the US. A group of clients now are able to hold and transfer Bitcoin and Ether, while the bank will store the keys...