Latest Blockchain and Crypto News

Rules for tax on crypto have been uncertain in the US. As a result of a lawsuit, started in May 2021, the Internal Revenue Service said that it would refund $3,293 in income tax (and statutory interest) to a Nashville couple. Previously, the couple had paid the amount on 8.876 Tezos tokens they had...

A resident of the UK, whose name was not disclosed, was the victim of a crypto-scammer whom he met on the Internet. The BBC released a report about a man who lost about $ 200 thousand in search of love. So, it is known that he (the fictitious name Tom is used in the news release) through a mobile...

Sundar Pichai, the Chief Executive Officer of Google’s parent company Alphabet, talked about blockchain and web 3 during Google's quarterly earnings call. Reportedly, it was the first time the executive publicly commented on the industry. Pichai said that he's always excited to explore...

Over the past year, the activity of addresses in the Tezos ecosystem has increased significantly. Experts, having analyzed the increase in smart addresses in the network, concluded that the reason for everything is the rapid development of NFT projects that announced support for Tezos. So, for...

Crypto derivatives platform BitMEX presented its native ERC-20 token BMEX, which has a max supply of 450 million tokens. BitMEX distributed 1.5 M tokens to the users of the platform via airdrop. This way, the customers of the platform became the first holders of the coin. According to an...

Last night, Bitcoin (BTC) broke above $39,000 for the first time in two weeks. However, while the coin does not have enough support to maintain the upward momentum of the movement, on the night of Wednesday, February 2, it retreated to $38,840. The capitalization of the leading digital currency now...

The list of states wishing to issue a CBDC is constantly growing. Some central banks have already started testing their tokens. Now Jordan has begun to move in the same direction. As conceived by the Central Bank of the country, the CBDC will be pegged to the Jordanian dinar. The head of the...

Blockchain technology company standing behind the development of Cardano, IOHK announced that the team proposed a new parameter update to expand network capacity. The new proposal suggests Cardano’s increasing block size by 8KB, making it 80KB from the current 72KB. IOHK wrote in a Twitter thread...

Alexis Ohanian, the co-founder of Reddit and the venture capital firm Seven Seven Six (776), announced that the VC attracted $500 M for its two newest funds. Thus, the amount of Seven Seven Six’s total assets under management reached $750 M. I’m proud to announce @sevensevensix has raised $500M...

El Salvador's President Nayib Bukele represents the bitcoin bull camp. He is confident that in the long term, the value of the cryptocurrency will increase, as this asset has a limited supply. It was his team that was able to achieve the legalization of cryptocurrency in the Latin American state....

The CEO of the biggest publicly-traded business intelligence company MicroStrategy Michael Saylor announced buying another 660 bitcoins for $25 M. MicroStrategy paid about $37.865 per coin. Currently, the company holds about 125.051 BTC purchased for $3.78 bln at an average price of $30.200 per...

Last week, institutional investors again began to invest in products focused on the cryptosphere. Over the past seven days, they have funneled a total of $19 million into crypto funds, according to a new report from CoinShares. That is a small, but still inflow of funds, analysts stressed. The data...

CEO of leading commerce platform, Shopify, Tobias Lütke, now is one of board directors at Coinbase. Lütke tweeted that he's excited to join Coinbase and respects what the company does. Excited to work with @brian_armstrong and team. Huge respect for what they build. LFG...

It became known that the largest crypto exchange Binance has introduced restrictions for users from Nigeria over the past few days. In total, more than 280 accounts were blocked, according to a letter from the administration of the trading platform addressed to the crypto community from this...

During a budget presentation today, India's Minister of Finance Nirmala Sitharaman revealed plans for the release of national digital currency and the taxation of the revenue from crypto assets for 30%. As announced, the Reserve Bank of India intends to release a digital rupee in 2022-2023. The FM...

Hiromi Yamaoka, former head of financial settlements at the Central Bank of Japan, advised the public not to use the digital yen in any way. The most surprising thing in this situation is that Yamaoka while working at the Central Bank, was directly involved in the development of the state...

Crypto Open Patent Alliance announced welcoming Meta onboard, saying the step is the biggest commitment to patent non-aggression till today. COPA is a non-profit community, formed in September 2020 by Jack Dorsey's Square company. It has a mission to make technology on crypto accessible for all...

New York-based international bank JPMorgan issued a note on January 26. In the paper, analysts of the bank wrote what is their expected long-term BTC price. According to the bank, volatility along with constant ups and corrections will prevent future adoption by institutions. The estimations by...