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Latest Blockchain and Crypto News



USDT moves to more blockchains and rises crypto market risks

USDT moves to more blockchains and rises crypto market risks

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The darkest corner of the crypto market is becoming murkier. A controversial token Tether which is being a means for trading coins on the majority of the crypto exchanges all over the world now serves as a conduit for transactions on a spate of new blockchains, the distributed digital ledgers that...

Study: reserves of ICO-projects are significantly reduced

Study: reserves of ICO-projects are significantly reduced

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Analysts of The Block analyzed the development of 57 ICO-projects, which together attracted about 8.2 million ETH. They found that, since the closure of the tokensales, 5.9 million ETH (72%) were either moved or spent. So, on average, projects spend or move about 2500 ETH per month. Golem and...

Adult platform SpankChain launches payment service

Adult platform SpankChain launches payment service

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Ethereum-based adult entertainment platform, SpankChain, has launched a crypto payment processor along with two new partners. The announcement, published on July 31, shows that the new service, called SpankPay, is launched along with its first two integration partners: JustFor.Fans and SkyPrivate,...

Cryptocurrency platform Bitwala raised €13 million

Cryptocurrency platform Bitwala raised €13 million

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The Japanese corporation Sony, through its venture division Sony Financial Ventures and the investment firm NKB Group, led a round of financing of Series A for €13 million (about $14.5 million) of the Bitcoin-banking platform Bitwala. According to representatives of the company based in Berlin,...

FCA - final cryptocurrency assets manual

UK: The final guide to cryptocurrency assets presented

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The Financial Conduct Authority of Great Britain (FCA) has published the final version of the cryptocurrency assets manual, indicating which of them fall under its jurisdiction. Most of the published rules were submitted in January of this year, and, as expected, the final wording does not contain...

Blockchain.com launches Pit exchange

Blockchain.com launches Pit exchange

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Blockchain.com has generated over 40 million digital-asset wallets and now it’s entering the crypto trading field with a new exchange. The new London-based exchange named The Pit is going to offer ETH, BTC, USDT, LTC, PAX and BCH. Customer can transfer money instantly, with soon starting trading....

Bearish signs are showing Bitcoin is near to turning point

Bearish signs are showing Bitcoin is near to turning point

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It’s suggested that Bitcoin is coming to a turning point as cryptos conflict with larger inspection and bearish symbols pile up. BTC is really close to further losses, this is obvious cause some technical factors are pointing on this. A queue of negative modifications brought cryptocurrencies to...

Bitfinex is blocked from Tether reserves during the lawsuit

Bitfinex is blocked from Tether reserves during the lawsuit

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Crypto exchange Bitfinex stays obstructed from using supplies from the cash savings of Tether as an authority judges whether to dismiss a regulator’s lawsuit claiming the corporations hid losses of more than $850 million. Letitia James, New York Attorney General, sued the corporations in April...

Brazil: public transport in Bitcoins

Brazil: the payment of public transport in Bitcoins

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Residents of Fortaleza (the major Brazilian city) will soon have the opportunity to pay Bitcoins for their trips on public transport. It is reported by The Block, with reference to local media. In particular, the cooperative of autonomous passenger carriers of the State of Ceará, whose capital is...

Mining officially allowed in Iran

Iran: crypto mining is recognized as an industrial activity

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During the meeting of the Iranian Cabinet of Ministers, which was held on Sunday under the chairmanship of President Hassan Rouhani, mining cryptocurrency was recognized as an industrial activity, the local news agency Mehr News reported. According to a government decree, miners will have to...

BitMarket co-owner was found dead

BitMarket co-owner was found dead

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Radio Olsztyn Poland announced that co-founder of BitMarket crypto exchange, Tobiasz Niemiro was discovered dead on July 25. Niemiro was found near his apartment in Olsztyn city, it was proposed that he committed suicide. The Polish police declared that they discovered an injury in Niemiro’s...

The US sues Bitcoin theft suspect from Russia

The US sues Bitcoin theft suspect from Russia

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One of BTC-e currency exchange owners, Alexander Vinnik whose extradition from Greece the US is inquiring to face illegal charges, presently face a formal lawsuit in California. Previously, Vinnik was blamed for stealing Bitcoins from various virtual currency exchanges and now the US makes attempts...

Ren Zhengfei about Libra

Founder of Huawei: China is able to release its analogue of Libra

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The founder of the Chinese technology giant Huawei, Ren Zhengfei, said that China should not wait until someone launches a digital currency like Libra. In his opinion, the state is always stronger than any Internet company. This was reported by the local media. "China is able to release its...

Too sick for lunching with Buffett, but not sick enough for missing the party?

Too sick for lunching with Buffett, but not sick enough for missing the party?

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On July 23 Tron’s CEO told the public that the lunch with businessman Warren Buffett is postponed, because of Justin Sun’s illness. However, this kidney illness didn’t hold him to go to a Tron-organized event on Thursday in San Francisco. The king is back @justinsuntron...

Government of Venezuela is accused of using cryptocurrencies to bypass US sanctions

Government of Venezuela is accused of using cryptocurrencies to bypass US sanctions

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Venezuelan United Socialist party has been accused of avoiding economic barriers inflicted by the authorities of USA. According to locals, Venezuela avoided penalties by using cryptocurrencies via an airline app known as Jetman Pay. This application receives charges from travellers who buy tickets...

TON's ICO investor The9 Ltd

The first foreign investor of Telegram Open Network (TON) is a Chinese company

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Shanghai The9 Ltd invested $2 million in the blockchain project of Pavel Durov during the ICO held in 2018. This is the first publicly known foreign investor of the project. The Chinese company The9 Ltd during the closed ICO (initial coin offering the initial placement of cryptocurrency coins) of...

Justin Sun apologizes for delaying the lunch with Buffett

Justin Sun apologizes for delaying the lunch with Buffett

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Today is the day when Tron’s CEO and Warren Buffett long-awaited lunch was set but on July 23 Justin Sun cited health issues in postponing the event. He apologized about this, noting that it concerns authorities of USA. He wrote a long post on Chinese social platform Weibo and said he acted...

People more trust Bitcoin than Libra

Survey: the overwhelming majority of US residents do not inspire confidence in Libra

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According to a survey conducted by CivicScience, the overwhelming majority of US residents do not inspire confidence in the upcoming digital currency, Libra. The survey involved 1799 adults in the United States. Only 2% of respondents said they trust the Libra project more than Bitcoin. It also...

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