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Latest Blockchain and Crypto News



Solana

Solana price increased by more than 15% in a week

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The altcoin SOL, based on the Solana blockchain, has grown in value by 15.19% over the past seven days. Its rate strengthened to $102.45. The capitalization of this cryptocurrency increased on the night of Monday, March 28, to $33.386 billion. In November last year, SOL hit a historic high of...

White House US Budget crypto

President Biden's Proposal Expects $10 B in Crypto Tax By 2032

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The Office of management and budget of the White House released the budget of the US government, for the fiscal year 2023. According to the proposal, the government could establish new rules for digital assets which would generate an additional $11 bln by 2032. The proposal also expands the ability...

Altcoins like DhabiCoin DBC, Cardano ADA, and Axie Infinity AXS heat up market

Altcoins like DhabiCoin DBC, Cardano ADA, and Axie Infinity AXS heat up market

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The swing of BTC has marked the last two weeks of the cryptocurrency market. In contrast, alternative cryptocurrencies like DhabiCoin (DBC), Axie Infinity (AXS), and Cardano (ADA) soar in the market. BTC has been accumulating a period of low prices due to the interference of macroeconomic issues...

El Corte Ingles crypto exchange

El Corte Inglés to Create Its Crypto Exchange with Deloitte

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European leading department store, El Corte Inglés plans to launch its cryptocurrency exchange for the customers. Reportedly, the company partners with Deloitte for technological solutions. According to the Spanish news provider El Confidential, Deloitte will develop a platform via which El...

Bitcoin

The price of bitcoin has overcome the level of $47,000

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On Monday, March 28, the quotes for the first cryptocurrency exceeded $47,000. The capitalization of the asset is $893 billion. At the moment, the price of bitcoin reached $47,650, the highest since the beginning of 2022. As a result of the volatility in the futures market, positions worth more...

Coinbase Mercado Bitcoin

Coinbase Interested in Acquiring Mercado Bitcoin Parent Company

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Leading crypto exchange platform Coinbase is in talks to buy Brazil's largest crypto exchange and unicorn Mercado Bitcoin owner 2TM. Brazilian news media platform Estadão reported on March 27 that the two companies have been holding negotiations from the past year, and they may announce the...

LEumi

Israeli bank Leumi Bank will start trading cryptocurrencies

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Israel's leading bank, Leumi Bank, has confirmed the creation of a digital division supporting BTC and ETH. We are talking about the recently launched trading platform Leumi Pepper Invest. Through this platform, clients of a financial institution will be able to make a variety of transactions...

Aave

AAVE token soared over 40% in a week

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According to DeFiLlama, the value of funds locked in the Aave DeFi protocol increased to $13.19 billion on March 25. Over the past 24 hours, the price of the project’s underlying asset, the AAVE token, has increased by another 9.22% to $172.38. The capitalization of this digital currency today...

Janet Yellen news

Janet Yellen Acknowledged Crypto Plays a Significant Role

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During an interview with CNBC program Squawk Box, US Secretary of the Treasury Janet Yellen said crypto has a major role in investment decisions for Americans. Yellen restated her concerns towards digital assets viewing them as a threat to financial stability. Also, she mentioned the need to...

India crypto tax law

Indian Parliament Passed Crypto Tax Law

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Despite all the calls from the industry, India passed crypto tax laws, according to which Indians will pay a 30% tax on profits from cryptocurrency transactions starting from April 1. Moreover, apart from already high tax, traders will have to pay 1% tax deducted at source (TDS), while the law...

Wirecard

Former Wirecard CEO faces up to 15 years in prison

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On March 10, prosecutors in Munich accused the former CEO of bankrupt German fintech firm Wirecard, Markus Braun, of fraud, breach of trust, falsified accounts, and market manipulation. He faces up to 15 years in prison. Initially released on bail in June 2020, Brown was re-arrested in July of that...

European Union MICA

MICA Proposal Moves Forward Without Bitcoin Limiting Condition

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The crypto sector regulations bill MICA (Markets in Crypto Assets) is entering the next phase of discussions without the point that offered to ban the use of BTC and other cryptos that use Proof-of-Work algorithm, and require electricity for their operations. On March 14, The EU legislative branch...

Fortnite

Fortnite developer raises more than $50M for humanitarian aid to Ukraine

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Video game publisher Epic Games will donate Fortnite revenue generated from March 20 to April 3 to humanitarian aid to Ukraine. As of March 22, the company has raised $50M. The money will be transferred to organizations that provide medical, legal, and other assistance to people affected by the...

Exxon Mobil news

US Oil Producer to Use Excess Gas to Power BTC Mining

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Texas-based major oil and gas corporation Exxon Mobil is processing a pilot program using natural gas surplus to fuel crypto mining processes. A Bloomberg news article, citing people standing close to the subject, says the company considers doing the same in different places worldwide. Exxon Mobil...

Germany

Germans massively invest in cryptocurrencies

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The German authorities periodically urge citizens of the country not to invest in digital currencies. Regulators point to bitcoin's volatility and warn people that they could lose their money. However, the results of sociological surveys show that the Germans, on the contrary, continue to massively...

Israel Leumi bank crypto

First Israeli Bank Provides Crypto Services Partnering With Paxos

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Leading Israeli bank Leumi will become the first Israeli bank to allow crypto trading. The digital investment app of the institution, Pepper Invest will provide the possibility in partnership with blockchain technology company Paxos. According to the Israeli media portal Ice, crypto trading will...

Bukele Changpeng Zhao meeting

Bukele Meets Binance's CZ to Discuss NOT the Bitcoin Bonds

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El Salvador’s president Nayib Bukele met Binance founder and CEO Changpeng Zhao (CZ), Mexican billionaire businessman Ricardo Pliego, and other entrepreneurs. Previously, an article by Reuters said the Salvadoran government plans to turn to Binance for its execution of Bitcoin as legal tender and...

Russia gas bitcoin

Russian Duma Considers Selling Gas and Oil for Bitcoin

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Pavel Zavalny, the head of the Russian Gas Society, said the country allows the possibility of accepting Bitcoin as a means of payment for the export of natural resources. In a press conference, he suggested that the conditions of export may be different for various countries depending on their...

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