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Latest Blockchain and Crypto News



SEC NFTs

SEC To Probe the NFT Market To See If Token Sales Are Legal

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The Securities and Exchange Commission studies the NFT (non-fungible token) market to see whether the sales comply with the agency's rules. A Bloomberg report, citing people familiar with the subject, says that the focus of the probe is to see if certain NFTs and digital assets can be used to...

South Korea

South Korean crypto market rises to $45.9 billion

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A study by the Financial Services Commission of South Korea states that in 2021, the country's cryptocurrency market has increased to 55 trillion won ($45.9B). According to the regulator, in the coming years, investment in digital assets will only grow. Moreover, the activity of investors will...

Electric Capital fundraising

Electric Capital Announced Raising $1 Bln

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An early-stage venture capital company, looking to invest in crypto, blockchain, fintech, and marketplaces, Electric Capital announced raising $1 B. The VC will use the funds to invest in programmable money and web 3. The sum includes a $400 M fund closed the previous year and $600 M raised last...

Bitcoin funds

Bitcoin Funds for five weeks were able to attract $239M

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Crypto funds have been raising institutional capital for five consecutive weeks. In another study by the CoinShares team, it is noted that at the end of the past week, the number of funds invested in such products amounted to $36 million. If the American institutions sent $95 million to them, the...

Binance about sanctions russia

Binance CEO Says Blocking All Russian Users Is Unethical

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The CEO of the largest crypto exchange by volume, Binance, said that it would be unethical for Binance to block all Russian accounts. In an interview with Bloomberg, Changpeng Zhao (CZ) said that the exchange follows sanctions rules very closely, and whoever is targeted by sanctions won't be able...

CME

CME to Launch Options on Microfutures Based on BTC and ETH

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The Chicago Mercantile Exchange (CME) will launch option contracts, the underlying assets of which will be microfutures on Bitcoin and Ethereum. Trading in instruments will start on March 28, 2022, after approval by regulators. “Option contracts will allow traders to effectively hedge market...

Citadel CEO crypto

Citadel CEO Ken Griffin Reconsiders His Opinion on Crypto

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Ken Griffin, the CEO of American hedge fund and financial services provider Citadel announced that the company is considering entering the crypto market and offering clients digital assets services this year. In a recent interview, he said that the growth of the crypto sector proved that his...

Bitcoin

The number of addresses holding at least 1000 BTC rose to a 10-month high

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Whale wallets have been aggressively buying bitcoin over the past few weeks. According to the Glassnode platform, the largest addresses controlling at least 1,000 coins took advantage of the winter sales and market decline. They have significantly increased their reserves in BTC. Now the number of...

Animoca Brands Russian users

Animoca Brands Halts Russian Users According to a Legal Advice

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Animoca Brands, leading gamification, blockchain, and AI company makes its services unavailable for Russian users as the number of sanctions against the country is increasing for invading Ukraine. In an interview with Bloomberg, Animoca co-founder Yat Siu said that the step will affect subsidiaries...

Bitcoin

Number of employees receiving a salary in BTC increased by 10% in 2021

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A study by recruitment company Deel says there has been a significant increase in the number of people who are paid wholly or partly in cryptocurrencies. The share of such employees increased last year by about 10%. Moreover, the researchers note that not only actors, athletes, and politicians...

Dogecoin Shiba Inu AMC Theatres

AMC Will Start Accepting Dogecoin and Shiba Inu from March 19

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Adam Aron, the Chief Executive Officer of the movie chain, AMC Entertainment, wrote on Twitter that Dogecoin and Shiba Inu payments will be available soon. The option will become available on the website by March 19 and it will go live on mobile applications by April 16. AMC partners with crypto...

VALR

South African Bitcoin exchange VALR raises $50M at $240M valuation

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South African-based cryptocurrency exchange VALR closed a $50 million Series B funding round led by Pantera Capital. Funding was also provided by Alameda Research, Cadenza, CMT Digital, Coinbase Ventures, Distributed Global, GSR, Third Prime, Avon Ventures, Bittrex, and 4Di Capital. The...

MetaMask team MetaMak token

MetaMask Lead of Operations Talked About the Token Launch

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Jacob Cantele, the lead of operations at the popular crypto wallet, MetaMask (Consensys) talked about the project and development plans. The wallet started in 2016. Now the number of monthly average users is around 21 million. MetaMask also plans to launch its token. The first time the company...

Wyoming

Wyoming plans to launch its own stablecoin

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Representatives of the US state of Wyoming proposed for consideration a bill describing the procedure for issuing their digital currency. Based on the information provided in the document, lawmakers are proposing to issue a stablecoin that will be pegged to the US dollar. According to local media,...

KPMG NFTs and Ethereum Domain Name

KPMG Canada Bought a WoW NFT and an Eth Domain Name

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The Canadian branch of KPMG, a global network of professionals that provides audit, tax, and advisory services, has acquired an NFT from the collection World of Women (WoW) along with an Ethereum Name Service domain name. KPMG (Klynveld Peat Marwick Goerdeler) is one of the Big Four accounting...

Russia

Crypto exchanges are starting to leave the Russian market

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The American crypto company Coinbase, which owns the bitcoin exchange of the same name, announced the end of servicing Russian investors. Another marketplace, Kraken, said it was ready to follow the same path. However, it needs an order from the relevant supervisory authorities, said its CEO, Jesse...

Bitcoin price Russia Ruble

Bitcoin Price Went Above $44.000 Amid the Ruble Depreciation

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Bitcoin price surpassed $44.000 for the first time since February 17 as the demand for crypto has increased amid the Russian Ukrainian war. In the last 24 hours, the price of Bitcoin rose by 14% and currently stands at around $43.300. Ethereum increased by 11%, reaching $2.900. The total global...

Pantera Capital

Analysts at Pantera Capital announced a new bitcoin spurt

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Bitcoin, as a decentralized asset, benefits from any economic or political aggravation in the world. That is exactly the situation we are seeing now. The influence of the tax policy of the authorities also affects. For now, Bitcoin is stable, but a new rally awaits us very soon, analysts at Pantera...

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