Latest Blockchain and Crypto News

The Federal Reserve will recommend to Congress to expedite the Digital Dollar Launch Project (CBDC). As the head of the Federal Reserve Jerome Powell noted, the modernization of the financial infrastructure of the state requires certain decisions. However, this issue should not be a priority at...

Today, the Harmony blockchain tweeted that hackers exploited the Horizon bridge for $100 M. The team has started collaborating with national authorities and investigators to find out the criminals and restore the stolen funds. The Horizon bridge provides interoperability between Ethereum, Binance...

Chainalysis decided to increase the effectiveness of the fight against hackers attacking crypto companies. To do this, it creates a special rapid response unit for relevant threats. The Chainalysis press center stressed that any company that has been attacked will be able to seek help 24/7, that...

MicroStrategy CEO Michael Saylor reiterated the benefits of Bitcoin. He has previously repeatedly praised the leading digital currency and reminded us that his software company is one of the largest public holders of BTC. MicroStrategy will not sell Bitcoin even if the price falls below $10,000. In...

Blockchain platform Avalanche revealed native support for Bitcoin via the Avalanche bridge. The team published a blog post that says with the new Bitcoin bridging possibility, the network aims to uncover more than half a trillion dollars of value on the BTC network within the Avalanche DeFi...

Changpeng Zhao, the founder, and CEO of the top cryptocurrency exchange platform Binance finds Bitcoin could stay below its all-time high of $69,000 for the next two years after the recent crypto market crash. In an interview with the Guardian, CZ noted 4 years ago people would have been very happy...

It will be possible to buy and sell bitcoin on the American Binance.US platform without commissions. The administration cancels fees from BTC transactions carried out in tandem with the three leading stablecoins. As Binance.US CEO Brian Schroder noted, the new transaction processing procedure began...

Canadian monetary authority OSC (Ontario Securities Commission) published a release saying digital asset exchange platforms Bybit and KuCoin haven't complied with the securities laws. According to the publication, the platforms were not compliant with laws as they enabled Canadian residents to...

In mid-June, the founder of the BitMEX exchange, Arthur Hayes, did not rule out a stronger pullback for Bitcoin and Ethereum. In his opinion, if the leading digital currencies fall below the psychological levels of $20,000 and $1,000, then sales may become aggressive. This is exactly what we saw...

Experiments with universal basic income (UBI) started long ago and have taken place in many countries across the globe. Some of them were quite successful but they failed to scale and remain sustainable. While there are multiple reasons for UBI not lasting beyond the pilot stage in the real world...

International e-commerce platform eBay revealed acquiring the NFT marketplace KnownOrigin, which provides artists an environment to create digital assets in the form of non-fungible tokens. The announcement about the acquisition said that with the purchase eBay is opening a new era of digital...

Tether introduced a new stablecoin. The digital asset will reflect the price of the UK’s official currency Pound Sterling. The GBP₮ coin will be brought to the market in July. According to a publication by Tether, the coin initially will be available on Ethereum. GBP₮ will be the fifth...

The return of turbulence to the crypto market and the fall in the value of bitcoin caused a surge of interest on the Internet in the leading digital currency. According to the Google Trends service, last week the number of search queries for bitcoin reached the highest level since May last year....

Bitcoin-dedicated fin. services provider NYDIG built a collaboration with top business consulting and services company Deloitte to help firms of various sizes to include digital currencies in their operations. The two companies will work on different BTC products such as banking, consumer loyalty...

BTC mining company Bitfarms sold half of its Bitcoin holdings, which is 3,000 coins in the past week for around $62 M to reduce debt as the decline in the BTC price has had a negative impact on the business. The team wrote that it now holds around 3,349 Bitcoins, and daily BTC production of about...

At the Qatar Economic Forum, Tesla and SpaceX CEO Elon Musk noted that he had never said people should buy cryptocurrencies. To the question of what he thinks about the current crypto market conditions and whether he still finds people should invest in crypto, the businessman answered he hadn't...

Solend, a decentralized lending protocol based on the Solana blockchain, recently voted to take control over a whale's account to mitigate risks related to liquidation. The network said if SOL drops and the whale gets liquidated, the platform may end up in debt. However, the next proposal...

Most cryptos increased in price in the last 24 hours. Bitcoin and Ethereum gained around 10% and 15%, surpassing $20,000 and $1,100 respectively. The total crypto market cap increased by about 9% and currently stands at above $894 billion. Before the rally, on June 19, Bitcoin dropped below $18,000...