Latest Blockchain and Crypto News

At the beginning of 2022, it became known about the plans of the American video game retailer GameStop to launch its own NFT platform. Initially, the giant promised to develop a marketplace for transactions with tokenized collections by the end of this year. Then the company's management decided to...

The US public now has the opportunity to express their opinions on crypto industry rules. Earlier in May, the president ordered federal agencies to start designing a crypto regulations framework. Recently, the Treasury published a release that says interested members of the public can take part in...

This week the air in Texas has warmed up to 40 degrees Celsius. Due to the extreme heat, mining companies were forced to turn off the equipment. According to Bloomberg, the giants Argo and Riot have suspended the work of their miners. According to the head of the Texas Blockchain Association, Lee...

A report from asset manager CoinShares says there has been little interest from institutional investors in the crypto space over the past week. Crypto funds have been able to raise $15 million over the past seven days. Analysts note that Ethereum products aroused the greatest interest among...

São Paulo-based financial services company PicPay plans to support crypto payments. The company published a blog post that says they aim to enable users to pay with cryptocurrencies for everyday services as the team believes crypto is much more than investments. Users will be able to store and...

Trading volume on Binance surged at the end of last week following the cancellation of Bitcoin fees. On July 6, the administration announced that due to the platform’s fifth anniversary, commissions for spot trading of BTC paired with 13 currencies are being canceled. Each user will be able to...

Cryptocurrency exchange KuCoin has said it has no plans to lay off employees. On the contrary, the company intends to hire up to 300 more people soon, KuCoin CEO Johnny Liu wrote on Telegram. Thus, he refuted reports spread in social networks and the media about the plans of the company's...

The European Central Bank released a new report on the crypto industry mentioning the risks related to stablecoins, DeFi, and climate impact. According to the ECB, the rise of crypto presents risks to financial stability and may reach a systemic threshold. To prevent the associated consequences,...

The developers of the DeFi protocol Yam Finance prevented a cyber attack aimed at transferring control over the project’s reserves to an unknown third party. According to the team, the attack, which began on June 7, was discovered two days later. The delay is because the hacker presented a...

Galaxy Digital CEO Mike Novogratz said in an interview that he does not believe in the possibility of reducing the price of the first cryptocurrency to $13,000. "Can we fall lower? Of course. There is a feeling that we have overcome this deleveraging by 90%. The problem is that further growth...

Over 48 projects from the collapsed Terra ecosystem have begun relocating to the second-tier Ethereum network Polygon (MATIC). This was announced by CEO Polygon Studios Ryan Wyatt. Among the most notable projects, he named the P2E game Derby Stars and the OnePlanet NFT marketplace. The latter's...

According to a survey by MLIV Pulse, Wall Street expects that the crypto decline will continue. 60% of 950 investors see the Bitcoin price to fall to $10,000 and not to grow. 40% of them expect BTC to increase to $30,000. The survey shows that opinions over cryptos are extremely different. 28% of...

Canadian businessman Kevin O’Leary predicts a crypto panic attack. Talking about crypto decline during an episode of "Meet Kevin", the executive said he doesn't believe that we have seen the bottom of the crypto market yet. According to him, the bottom will come when some of the “big...

NFT finance Omni, developed by Parallel Finance, was hacked recently and lost around 1,300 Ethers worth $1.43 M in a flash loan reentrancy hack. The platform enables users to stake NFTs and receive tokens in return. The blockchain data analytics company PeckShield tweeted that Omni's hacker...

The USA urged Japan to put pressure on the country's cryptocurrency exchanges and miners to cut links with Russian crypto operators as a part of Moscow's financial isolation. US diplomats made the request related to the officially licensed crypto exchanges that are operating in Russia. A report by...

Ruchir Sharma, a former investor at Morgan Stanley, author, and the Chair of Rockefeller International finds that Bitcoin's decline can end and the cryptocurrency can make a comeback as Amazon did in the early 2000s. Then, at the time of the dot com collapse, the tech company lost 90% but...

Hollywood star Johnny Depp has donated about $800,000 to charities raising funds due to NFT sales. Depp's NFT art platform Never Fear Truth divided the sum between the Children's Hospital of Los Angeles, Perth Children's Hospital, the Footprint Coalition, and the Great Ormond Street Hospital....

Over the past 24 hours, the capitalization of Bitcoin has increased by almost 2% to $391.79 billion. Despite the bounce above $20,000, BTC continues to trade in a tight range. According to Arcane Research, the weekly bitcoin volatility index has fallen to its lowest level since early April....