Latest Blockchain and Crypto News

The activity of bitcoin-miners is intensifying even against the backdrop of the retreat of the cryptocurrency. While BTC is getting cheaper, the network hash rate continues to grow. According to Blockchain.com, computing power set a new record this week, reaching 211.9 exahash per second (EH/s)....

The hacker who hacked the AscendEX cryptocurrency exchange in December 2021 began selling stolen assets. According to PeckShield experts, the attacker exchanged ERC-20 tokens, including Route, Rio Fuel, MATIC, REVV, Clearpool, and MAPS, for Ethereum through the Uniswap decentralized exchange. The...

A bill has been introduced in the Illinois State Senate to extend the data center tax credit program to businesses that mine BTC and other cryptos. The paper was documented by Republican Senator Sue Rezin. Democrat Julie Morrison joined as co-sponsor. The program noted in the bill has been...

As a result of the next recalculation, the complexity of bitcoin mining increased by 4.78% and reached a new all-time high at around 26.97 trillion hashes (T). According to the algorithm, the difficulty is recalculated every 2016 block (approximately two weeks). For the first time in this period,...

Decision Intelligence company Morning Consult published an analyst report on consumer banking and payments, which proves that cryptocurrencies went mainstream. The study shows that the number of US citizens owning crypto is now higher than the number of people that have a certificate of deposits....

Many experts periodically accuse bitcoin of causing great environmental harm. Now Intel CEO Patrick Gelsinger has joined the critics of BTC mining. One transaction record on the blockchain consumes the amount of electricity needed to power your home during the day, the company's CEO said in an...

The Algorand Foundation announced a $10 M grant as a reward among teams that will study and speed up the work needed to provide EVM compatibility on Algorand. With the upgrade, Algorand will support smart contracts written for Ethereum, thus opening up more DeFi opportunities and at the same time...

In several countries this week, they started talking about the need to strengthen control over the cryptosphere. As a result, pressure on the industry began to intensify again, which led to an outflow of capital from digital currencies. The day before, bitcoin tried to approach $45,000. On the...

The content subscription service OnlyFans, which is very popular in the "adult entertainment" industry, is empowering its potential creators. According to an official statement from the developers, the startup has added a feature that allows you to set non-fungible tokens as a profile...

The US SEC started an investigation of the crypto company Binance and two other trading platforms; Merit Peak Ltd and Sigma Chain AG. The two function as market makers that purchase and sell cryptos to Binance US to reduce price volatility. According to a report by Wall Street Journal, the agency...

Galaxy Digital CEO Mike Novogratz has repeatedly stated that in terms of capitalization, Bitcoin will be able to bypass gold in the medium term. However, this week on Twitter, he unexpectedly called for an end to discussions about what is more important than precious metal or cryptocurrency. In his...

Ethereum (ETH) on the night of February 17 is trading at $3,000, however, against the backdrop of a market correction, the altcoin may fall below this psychological mark again shortly. Nevertheless, the accumulation of ETH continues. The number of addresses with a non-zero balance set a new record...

Long-time crypto critic, investor Charlie Munger stated his opinion about cryptocurrencies. He also criticized the federal reserve policy and the high inflation rate. According to Munger, fiat currencies will hit zero in the next 100 years. The businessman even said that inflation is the most...

The New York Stock Exchange has filed a trademark application for a non-fungible token (NFT) marketplace and virtual goods. In April 2021, the site released an NFT "in honor of the IPO of high-tech American companies." Each token contains Spotify, Snowflake, Unity, DoorDash, Roblox, and...

The Canadian authorities intend to put into practice the "Emergencies Act", which, among other things, will allow the government to block the bank accounts of citizens and track the crypto transactions of Web users. According to reports, the adoption of such drastic measures by senior...

Until the end of 2022, the crypto company Coinbase Global, which owns the bitcoin exchange of the same name, plans to significantly increase its staff. The HR director's blog says that the company will hire about 2,000 more new employees due to the increase in the number of projects and directions...

SushiSwap (SUSHI) has jumped almost 6% to $4.28 in the last 24 hours. Its capitalization grew on the night of Wednesday, February 16, to $544.772 million. Large investors, often referred to as whales, have been acquiring SUSHI tokens since mid-December last year. Wallets holding between 100,000 and...

The number of Ethereum addresses with a small number of tokens reached a record high in 2021. According to data from the on-chain market intelligence platform Glassnode, there are over $18.3 M addresses with at least 0.1 Ether. In early 2021, the number of small Ether accounts was 3,638,204. Data...