Latest Blockchain and Crypto News

Messaging and social media app WeChat, developed by the tech company Tencent and having over 1 bln users, started the support for China's official digital currency, the electronic yuan. A report by the media hub, TechNode, says that the function is available in 23 regions, including Beijing,...

The Georgian authorities have been refusing to recognize cryptocurrencies as a payment instrument over the past few years. Back in mid-2019, a law on the taxation of miners and traders began to operate in the country. At the same time, plans appeared to create an infrastructure in Georgia for...

Facebook and Instagram parent company Meta plans to launch virtual currencies in its app after the stablecoin project Diem shut down, not getting the approval of financial regulators. While competition between social media platforms increases, Meta is looking for alternative revenue sources and new...

Terraform Labs co-founder Do Kwon, announced buying another 5000 Bitcoins for $230 M. Terraform stands behind the development of the Terra blockchain, which is powered by the UST stablecoin and the LUNA coin. At the time of buying, the BTC price was around $46,000. Last month, Do Kwon revealed that...

Altcoin Cardano (ADA) has fallen 3% to $1.15 over the past week. ADA is ranked ninth in the ranking of the largest digital currencies. All categories of investors, including the so-called whales, took advantage of the recent fall in the value of the altcoin. The addresses of such cryptocurrency...

Philippines-based digital payments company PayMaya launched a crypto feature, that enables buying, selling, and earning digital assets via the app. The app is expanding its services to make crypto more accessible to the public. It is licensed by the Central Bank of Philippines (Bangko Sentral...

The SOPR index serves as a benchmark for many traders who analyze the situation in the crypto market. When this indicator exceeds one, it means that most investors are selling bitcoins for a profit. If SOPR falls below one, then this means that the implementation of the cryptocurrency occurs mainly...

Forbes issued an official release of crypto billionaires for 2022. This year's list includes 7 million new names compared to last year. The list published on April 5 includes entrepreneurs who made their fortune from crypto. Among the new people are founders of Web3 developer platform Alchemy Nikil...

Staking company Chorus One has launched a $30 million fund focused on promising decentralized protocols. Chorus One interacts with 28 blockchains. At the peak of the market cycle at the end of last year, the company had about $6.5 billion in assets under management. During that period, the firm's...

The German Federal Criminal Police has confiscated the German servers of the Hydra darknet marketplace. As part of the international operation, 543 BTC were also seized with a total value of about 23M euros. An investigation is ongoing into previously unknown Hydra operators and administrators....

Enterprise analytics and software company MicroStrategy's subsidiary MacroStrategy added another 4,167 Bitcoins to its holdings for around $190.5 M paying in cash. The average BTC price for the deal was $45,714, including fees and expenses. According to the statement published by the company, as of...

Singapore regulators approved a new law, which provides stricter rules for the crypto services providers. According to the law, Singapore-based virtual service providers are required to get licensed regardless of their establishment location. Anti-money laundering and counter-terrorism guidelines...

The night before, bitcoin crashed to $45,104 on some trading floors. Support intensified on the night of Tuesday, April 5. The cryptocurrency began to win back losses, and today it rebounded to $46,673. Altcoins are traded in different directions. Ether (ETH) and Binance Coin (BNB) rose 0.62% and...

Over the past two weeks, the volume of ether on centralized crypto exchanges has fallen by about 5%. This conclusion was made by CryptoQuant analysts who studied the activity of traders. The outflow of digital currency from trading floors eases the pressure on the asset from sellers. As a result,...

Last week, Ronin Network, the blockchain protocol linked to the popular play-to-earn Axie Infinity was hacked and lost around $600 M in crypto. According to the crypto reporter Wu Blockchain, the address of the hacker began to move, transferring 1000 Ethers to another address and then 200 Ethers...

Cryptocurrency Solana (SOL) has shown very good results over the past 12 months. The SOL rate is around $135.47, the coin is in sixth place in the ranking of the largest digital currencies. The altcoin reached its historical maximum in early November last year. Then the rate of SOL exceeded...

Major crypto exchange Coinbase plans to hire more people in India by the end of the year. The company released a blog post on April 4, according to which the team intends to add 1000 new employees to the present 300 staff at its Indian tech hub, which launched in 2021. The Chief Technology Officer...

The Indonesian authorities are negative about the initiative to allow the use of digital currencies to pay for goods and services. Back in the summer of last year, the head of the Central Bank, Perry Varjiyo, said that the regulator would not allow the lifting of the ban on the use of bitcoin and...