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Latest Blockchain and Crypto News



Goldman Sachs Celsius

Goldman Sachs Plans to Buy Celsius Assets

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New York-headquartered international investment bank Goldman Sachs is seeking $2 bln from investors to purchase assets if the cryptocurrency lender Celsius goes bankrupt. The deal would let investors acquire the assets at significant discounts. People familiar with the matter told the news site...

Bitcoin China crypto

China Releases New Warnings Against Bitcoin

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The government of China released new warnings against Bitcoin and the crypto market. Given the recent price drop, China finds the Bitcoin price is heading to zero. Local media reports that a release from the state-run Economic Daily restates the negative attitude of the authorities against cryptos....

CoinFlex

CoinFLEX Suspends Withdrawals and Trading of Its Token

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Cryptocurrency derivatives platform CoinFLEX has suspended user withdrawals due to “extreme market conditions” and “counterparty uncertainty.” This was announced by the head of the company Mark Lamb. Lamb stressed that the said counterparty is not Three Arrows Capital (3AC) hedge fund or...

Coinbase Polygon Solana

Coinbase Adds Polygon and Solana Support for ETH, MATIC, and USDC

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Popular crypto platform Coinbase said in the next month users will be able to make transactions in Ether, MATIC and USDC stablecoin on Ethereum's L2 scaling solution Polygon, and USDC on Solana. Coinbase published a blog post that mentions Ethereum has the largest ecosystem for developers,...

FED

The Fed recommends Congress accelerate the development of a digital dollar

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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...

Harmony hack

Harmony's Horizon Bridge Was Hacked for $100 M

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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

Chainalysis launches hacker response unit

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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...

Saylor

Michael Saylor calls bitcoin a "lifeboat"

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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...

Avalanche Bitcoin support

Avalanche Added Bitcoin Support Through Avalanche Bridge

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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 Bitcoin

Binance CEO Says BTC Could Stay Below $69 K for Some Time

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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...

Binance

Binance.US Removes Fees for Bitcoin Transactions

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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...

Ontario Securities Commission crypto

Canada Took Enforcement Actions Against KuCoin and Bybit

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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...

Arthur Hayes

Arthur Hayes expects increased pressure on bitcoin and ether

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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...

UBI

How Jax.Network makes Universal Basic Income a Reality via Blockchain

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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...

eBay KnownOrigin

eBay Buys NFT Platform KnownOrigin

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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 UK stablecoin

Tether Is Releasing a British Pound-Pegged Stablecoin

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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...

Bitcoin

Interest in BTC on the Internet rose to the highest level since May 2021

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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....

Deloitte NYDIG crypto

NYDIG and Deloitte Collaborate to Help Companies Adopt Crypto

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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...

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