Latest Blockchain and Crypto News

The Bitcoin network has seen a weakening of whale activity over the past few days. According to the Santiment team, the number of transactions worth more than $100,000 fell to the lowest level in a year. A similar situation is observed on Ethereum. Researchers believe that most of the largest...

The British Financial Conduct Authority (FCA) has repeatedly expressed concern about the growth of citizens' investment in digital currencies. The regulator periodically urges the inhabitants of the kingdom not to invest in bitcoin and other virtual coins. For example, last summer the head of the...

The CEO of the financial services and investment management company Galaxy Digital, Mike Novogratz says the world won't switch to bitcoin overnight, but we are entering the world where people will try to figure out what is the reserve currency, looking to different assets like gold and digital...

With the approval by the President Volodymyr Zelenskyy crypto is now legal in Ukraine. The decision was made amid the Russia-Ukrainian war. Ukraine received about $100 M in crypto donations for military equipment, humanitarian assistance and general aid. The Press Office of the Ministry of digital...

American law enforcement officers seized about $ 450,000 worth of bitcoins, which phone scammers stole from an elderly US citizen. This is stated in a statement by the District Attorney of the State of North Carolina Dena King. In August 2021, attackers, presumably from abroad, called a resident of...

Popular NFT collection Bored Ape Yacht Club announced the launch of a token for the ecosystem, ApeCoin (APE). The cryptocurrency is an ERC-20 governance and utility token, owned and operated by ApeCoin DAO. As announced, it is the official currency of the BAYC ecosystem to allow the community to...

The aggregator of decentralized exchanges Matcha has deprived users with IP addresses from Russia of the opportunity to make transactions. The original message "trading from Russia is not supported" was later changed to "region is not supported". A similar message can be seen by...

Binance has expanded its presence in the Middle East receiving a virtual asset license in Dubai, UAE. The news comes just two days after the company was granted a license from Bahrain’s CB. In the initial regulatory stage under the supervision of the Virtual Asset Regulatory Authority (VARA),...

The Bank of Ghana (BoG) released a report that said electronic and mobile payment solutions will be used along with the national digital currency, eCedi. The Bank finds the eCedi must complement and enhance current payment methods. It will solve the pain points in the current system such as delayed...

The popular cryptocurrency exchange Binance announced last night that the deposit and withdrawal of coins from the Polygon - MATIC project will be temporarily suspended. This information was also confirmed by the developers of the digital asset directly. The prehistory of the current situation lies...

One of the world’s leading banks, HSBC aims to be a part of the metaverse by collaborating with the blockchain-powered virtual world, The Sandbox. HSBC will obtain a LAND, an NFT representing real estate in the digital world. It becomes the first global financial company to collaborate with The...

During the Asian session on March 16, Bitcoin (BTC) rose above $40,000 several times. However, resistance increased again in this area, and the coin retreated to its previous positions. During European trading, BTC again jumped to $40,350, adding about 4.4% per day. The stock market turned out to...

MicroStrategy CEO Michael Saylor is widely known as a bitcoin fanatic. He periodically states that BTC will rise in price as this asset forms a new financial system. During a speech at the Economic Club of New York, he compared cryptocurrencies to real estate that an investor purchases in an...

Meta (formerly Facebook) CEO Mark Zuckerberg announced during the annual event South by Southwest (SXSW) that the Instagram team is working on bringing NFTs to the network in the near term. The executive didn't say when exactly it will happen, but mentioned: "hopefully in the coming...

Ethereum gas fees have fallen to their lowest since August 2021. Data from the investment research platform YCharts shows the last Ethereum average gas cost was 35.17, worth around $2. According to Etherscan gas tracker, currently the average price for a transaction is 70 gwei ($3.12). Gas fees...

At the end of last week, the International Narcotics Control Board released a report expressing concern that Mexico's drug cartels were using bitcoin. The researchers found that criminal communities from Jalisco and Sinaloa are increasingly using cryptocurrency in their financial schemes....

Ethereum software firm ConsenSys revealed closing Series D funding round with $450 M raised. Thus, the company’s valuation topped $7 bln. Investment firm ParaFi Capital, which took part in the Series C round of the company in Nov. 2021, led the round. Among the participants were Temasek, SoftBank...

Popular crypto exchange Binance revealed being granted a crypto service provider allowance from Bahrain’s Central Bank. The Binance team released a blog post, saying that the step is a major gain for the company as it is their first crypto asset provider in the alliance of the six Middle Eastern...