Latest Blockchain and Crypto News

Twitter unsuspended the account of Stani Kulechov, founder and CEO of the DeFi protocol Aave. The social media platform recently banned Kulechov after he twitted about becoming Twitter's interim CEO. The tweet was posted amid hot discussions about Elon Musk's $44 billion deal to buy the company. ...

The US financial watchdog, Securities and Exchange Commission revealed the decision to have 20 new positions to its enforcement unit for the crypto industry to prevent fraud cases in the sector. Changing its name to Crypto Assets and Cyber Unit (previously Cyber Unit) and it will expand to 50...

The Solana blockchain protocol released a report on the recent outage announcing that operations are recovering after the network went dark for 7 hours. On April 30, the Solana blockchain stopped producing new blocks as a result of consensus reaching issues. The network participants started to work...

Wikimedia Foundation, the nonprofit organization running the online encyclopedia Wikipedia, stops accepting cryptos for donations. It released an update that says the organization will close its Bitpay account. On April 12, the WMF community requested to stop accepting donations in cryptos due to...

Toronto-based BTC mining firm Bitfarms issued an update for operations in April 2022. The company noted that 405 Bitcoins were mined which makes 13.5 Bitcoins per day on average. The number of mined Bitcoins went up by 75% from April 2021, and the mining hashrate reached 3.3 exahash per second....

American business magnate, the CEO of the conglomerate holding company Berkshire Hathaway, Warren Buffet said in the recent annual meeting of the company that he didn't change his mind about Bitcoin despite the growth of the asset. Buffet finds that Bitcoin isn't a productive asset and it doesn't...

Former BitMEX Chief Executive Officer Arthur Hayes predicts that the Bitcoin price will reach $1 M by 2030 because of the non-efficiency of the US and European Union policies. According to him, it was apparent after COVID 19 that the financial system has a number of disadvantages. Hayes wrote an...

Switzerland’s Central Bank Chair Thomas Jordan is against holding BTC as a reserve currency. He expressed his opinion at the bank's general meeting of shareholders on April 29. According to Jordan, buying BTC isn’t an issue. SNB can purchase the cryptocurrency directly or through various...

The price of the APE token increased by over 52% in the last 7 days. Currently, the token trades at around $21 with a market cap of over $6 billion. This makes APE the largest metaverse token as it has got ahead of MANA, SAND, GMT, and others. ApeCoin was launched on March 18 by the blockchain...

New-York headquartered international investment bank Goldman Sachs allowed a borrower to get a cash loan by using BTC as collateral. A release by Bloomberg says the loan was interesting to the institution due to its structure and risk management. This is an essential step by a leading bank that can...

Analytical report by Huobi Research, blockchain industry reserach institute affiliated to the crypto exchange Huobi, published an analytical report on the current NFT market state and possible future developments. The report titled “Looking for the Eye of the Storm - NFT Price Analysis”,...

Popular crypto wallet MetaMaks announced integration with the payments solutions provider MoonPay to allow all leading purchase methods. ConsenSys, the tech company standing behind the development of Metamask, published a blog post saying that crypto purchases have become easier with the...

Digital currency investing and asset management firm Grayscale is getting ready to enter the European market. The CEO of the firm Michael Sonnenshein told Bloomberg about the plans. Reportedly, it is not certain on which markets and countries Grayscale will offer its products. Sonnenshein said that...

Digital assets institutional custody company FireBlocks now officially supports the Terra blockchain. Thus, institutions can access the second largest DeFi protocol by total value locked. Terra comes after Ethereum with around $29.4 bln TVL. Fireblocks becomes the first platform to deliver...

Brad Garlinghouse, the CEO of the blockchain company Ripple said in a later interview with Bloomberg that the SEC vs Ripple case is going well, and it is playing out. He mentioned that other parts of the US government called XRP a digital asset native to Ripple's technology stack, property, or...

International financial services Fidelity added Bitcoin as an option for 401(k) plans. It is the first major retirement-plan provider to offer this possibility. A 401(k) plan is a plan for retirement savings offered by many employers in the US. It is named after the Internal Revenue Code. The...

The price of Dogecoin increased by over 30% in a day after the "Dogefather" Elon Musk announced buying Twitter for $44 billion. After the news, Twitter's share rose 5.66% and currently trades at $51. The news affected Dogecoin's price as well as it is known to be Musk's favorite...

More crypto exchanges get licenses to provide services in the UAE. The latest of them became Kraken. The company is expanding into the Middle East and will open offices in Abu Dhabi Global Market (ADGM). Previously, digital asset platforms Binance and FTX got licenses to function in the country as...