Latest Blockchain and Crypto News

Many representatives of the cryptosphere are positive about the long-term prospects for Bitcoin (BTC). For example, Galaxy Digital CEO Mike Novogratz said last week that BTC would set a new record in the next three years. According to his forecasts, the bitcoin rate will reach $500,000. BitMEX...

Malaysia’s Ministry of Communications and Multimedia, short for KKMM from Malay, offered to legalize the crypto sector. Datuk Zahidi Zainul Abidin, the deputy minister of KKMM, offered regulators to make crypto legal tender. According to him, this will help young people to actively use crypto,...

8.56% of the total Ether supply is locked in the ETH 2.0 deposit contract. Experts positively assess this trend, as the number of investors in the network is growing, expecting its breakthrough development this year. At the end of the second quarter, there should be a merger of the two versions of...

Yuga Labs, the company standing behind the development of the popular NFT collection Bored Ape Yacht Club (BAYC) announced a new project, "Otherwise". The tweet posted by the company says that the company plans to launch Otherwise in April. The project will be powered by ApeCoin, the...

DeFi token Aave (AAVE) is ranked 54th in the ranking of digital currencies. Over the past seven days, its capitalization has grown by almost 30% to $2.035 billion. Aave starts the new week at just over $150. In the DeFi market, this protocol is in fifth place, with $12.76 billion worth of digital...

Australia’s government plans to define laws regulating the crypto sector and seeks feedback from businesses and individuals. According to a report by the Australian Financial Review, the Commonwealth authorities aim to explore new rules that will help Australia be a part of the growth of Web3....

The Litecoin team has deployed a new version of the Litecoin Core 0.21.2 client on the testnet. The release includes Mimblewimble Extension Block (MWEB) and Taproot updates. “We have been working very hard to fix all the bugs before the final release. Thanks to everyone who helps us test MWEB on...

Ethereum co-creator, crypto influencer Vitalik Buterin is on the cover of Time Magazine. The cover story "The Prince of Crypto Has Concerns' tells about Buterin as a person that entered the crypto sector with clear goals and objectives. In an interview with the magazine, Buterin said he hopes...

As part of compliance with the sanctions policy, the American leadership is preparing a bill that prevents the use of cryptocurrencies by Russian individuals and legal entities. A bill developed by a group of senators, which included Elizabeth Warren, who advocates strict crypto regulation, was...

NFT artist and collector Nathan Head earned $75,000 due to the launch of ApeCoin (APE), the official cryptocurrency of the leading NFT collection Bored Ape Yacht Club (BAYC). ApeCoin was launched via an airdrop that took place on March 17. In an interview with the business magazine Fortune, Nathan...

US video game console and game retailer GameStop has announced that it will launch an NFT marketplace before the end of the second fiscal quarter of 2022. The firm first announced the initiative in February. The platform will be based on the second-level Ethereum solution from the Australian...

Crypto exchange Binance released a document, confirming to the Ontario Securities Commission that it ceases opening new accounts for Ontario residents. With some exceptions to protect investors, the exchange will cease trading in existing Ontario accounts. It will also provide fee waivers and...

The Rarible NFT marketplace has added support for assets issued on the Polygon second-tier network. The integration brought the number of platforms used by the protocol to four, along with Ethereum, Tezos, and Flow. Rarible said that as part of the partnership, the NFT and gaming division of...

The founder of the Terra cryptocurrency project, Do Kwon, has officially announced his intention to replenish the reserves of bitcoins, which are collateral for UST stablecoins. According to reports, the startup intends to carry out almost the largest purchase of military-technical cooperation in...

Commonwealth statutory authority, The Australian Competition and Consumer Commission announced suing Facebook parent company Meta for supposedly allowing misleading crypto ads on FB. ACCC claims that the platform is involved in misleading actions by publishing scam ads that feature popular...

Galaxy Digital CEO Mike Novogratz represents the so-called bitcoin bull camp. He periodically predicts that in the long term, the value of bitcoin will reach unprecedented heights. This week, the billionaire announced the rise of cryptocurrency to $500,000. Moreover, in his opinion, this will...

Optimism, which is an offchain scaling solution for Ethereum, attracted $150 M in a Series B funding round. Investors have valued the project at $1.65 B. Paradigm and a16z led the round. A blog post by the company says within a year since its release on the mainnet, Optimism has allowed users to...

The Chinese company Canaan has announced a share buyback from the market. For these purposes, the manufacturer of mining equipment will spend up to $100 million. During the year, the company's shares sank by 85%. The company attributed such dynamics to the impact of the coronavirus pandemic and...