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Latest Blockchain and Crypto News


DBS Bank Strategist Points to Bitcoin's Strengths


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...

FTX Texas regulations

Crypto Exchange FTX Being Investigated by Texas Regulators


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...

Ripple Ethereum compatibility

Ripple Starts Testing Ethereum Smart Contract Compatibility


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...


Ark Investment: Bitcoin could reach $1 million by 2030


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

Gary Gensler Thinks CFTC Should Regulate Stablecoins


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...

Quant Network QNT

Quant Ecosystem’s QNT Token Grows by 40% In a Week


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...

blockchain IDs

South Korea to Launch Blockchain-Based Digital IDs in 2024


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...

MetaMask Sardine

Crypto Wallet MetaMask Adds Instant Bank-To-Crypto Option


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 Launches $500M Fund to Support Bitcoin Miners


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...

Bitcoin Nigel Farage

Nigel Farage Believes Bitcoin Is the Ultimate Freedom


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...

Dominica Tron token

Dominica to Launch a Token Collaborating With Tron


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...

October hacks Chainalysis

October’s Been the Biggest Month in Crypto Hacks


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...

Pantera Capital blockchain

Blockchain Is the Internet's Second Half: Dan Morehead


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....


The volume of transactions with the digital yuan exceeded $14 billion


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...

US Treasury Tornado Cash

US Treasury Sued Over the Restrictions Against Tornado Cash


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...


Open Interest in Ethereum Futures Rises to a Monthly High


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...

Morgan Stanley crypto decentralization

Morgan Stanley Says Crypto Is Getting Less Decentralized


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...

BNY Mellon crypto

BNY Mellon Started Offering Bitcoin Custody Services


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...

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