Latest Blockchain and Crypto News

The development team behind the DeFi protocols Qubit Finance and Bunny Finance has announced that it will transfer project management to a DAO. At the end of January, an unknown person withdrew digital assets worth about $80 million from the Qubit pool. According to the statement, the team invested...

The Bitcoin (BTC) rate jumped above $45,000 the day before, but then the pressure intensified, and the coin resumed its retreat. On Friday, February 11, the largest digital currency is trading at $43,486. Thanks to yesterday's breakthrough in the bitcoin network, the share of profitable addresses...

The leading video sharing site Youtube released a blog post on behalf of Chief Product Officer, Neal Mohan. He presented what improvements and features were added in 2021, what is new and what tools and features to expect. Plans of the company include introducing new insights for video creators and...

Leading accounting company PwC (PricewaterhouseCoopers) published a report on cryptocurrency mergers and acquisitions (M&A), and fundraising of 2021. According to the report, the total M&A value growth in 2021 was due to the increase of 4,846% in cryptocurrency prices. The average deal...

In Africa, a growing number of countries are considering launching their token (CBDC). Last summer, the Central Bank of Ghana began to analyze the consequences of the introduction of a regulated digital currency. Kenya has now become aware of similar plans. The Central Bank of this African state...

Many analysts view bitcoin as a hedging tool. In their opinion, cryptocurrency is digital gold that protects capital from inflation. However, Bank Of America analysts believe that BTC should be classified as a risky asset class and should not be called a hedging instrument. The report of the bank...

Ethereum offchain scaling solution Optimism revealed that there was found a vulnerability in the codebase by software engineer Jay Freeman (saurik), who reported the issue. The bug would enable a hacker to print assets on any chain via a fork of go-ethereum. Optimism patched the bug, and awarded...

According to Glassnode, the fall of the market in 2022 was provoked, among other things, by bitcoin miners. They dumped part of the mined cryptocurrency, which led to a rollback of BTC below $33,000 last month. However, sales started only at the very end of January and continued into the first days...

The general manager of the conglomerate Digital Currency Group Inc, Marius Reitz, in one of his interviews, said that Luno, a cryptocurrency exchange owned by them, plans to expand its activities in the United States. It is worth noting that for this platform, which, by the way, is the largest...

Luxury fashion house Gucci opened a shop in the virtual environment through the blockchain-powered decentralized gaming metaverse, The Sandbox. The amount of the deal isn't known. Gucci's virtual platform, Gucci Vault will provide an engaging fashion experience. The space is visualized by the...

The pressure is intensifying, and Bitcoin is in danger of falling below this psychological mark again. Over the week, the capitalization of the leading digital currency increased by 17.5% to $836.867 billion. The Santiment team drew attention to the increased activity of the largest whales holding...

New York-based credit rating agency Fitch lowered the long-term Foreign Currency Issuer Default Rating (IDR) of El Salvador from B- to CCC. According to Fitch, El Salvador's rating was lowered as a result of several factors, including the weakening of institutions, concentration of power in the...

Coinbase and Binance continue to lead the ranking of cryptocurrency exchanges in terms of the number of visits. The Block Research division published a study in the middle of the week devoted to an in-depth analysis of exchange traffic. It says that traffic to marketplace websites fell by more than...

Vitalik Buterin shared his views of how rollups will scale the Ethereum network, and what additional solutions can be executed. According to Buterin, rollups are in the short and medium-term, and likely in the long term the only trustless scaling solution for the protocol. Rollups provide...

Back at the beginning of last year, some companies representing the blockchain industry announced their intention to significantly increase spending to promote the concept of reasonable crypto regulation and protect the interests of the industry. Startup Cryptohead.io predicts that crypto lobbying...

Kazakhstan is included in the list of the largest bitcoin miners. This country, along with the United States and Russia, has become a place of work for miners who migrated from China in the middle of last year. The President of the Republic, Kassym-Jomart Tokayev, ordered the government to submit...

An American company that specializes in the retail sale of video games and gaming gadgets GameStop confirmed the information that it plans to launch an NFT marketplace soon. According to reports, this startup will be implemented in cooperation with the platform for scaling non-fungible tokens -...

In a hearing which took place on February 8, Congress rejected the proposal of the Treasury to include stablecoin issuers into a banking structure. However, there will be other reporting and discussions. In November 2021, the President's Working Group on financial markets published a report on...