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Latest Blockchain and Crypto News



China

China will rev the implementation of blockchain into government structures

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Recently, the Chinese government, which continues to violently eradicate cryptocurrencies, announced that the Cyber ​​Security Administration has directed all its efforts to accelerate the process of introducing blockchain into various government systems. According to reports, the Chinese...

Phantom fundraising iOS app

Phantom Wallet Attracted $109 M, Launched iOS App

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Solana digital asset wallet Phantom has attracted $109 M in a Series B funding round. Thus, the valuation of the company hit $1.2 bln. The round was led by investment firm Paradigm. Andreessen Horowitz, Variant Fund, DeFi Alliance, Solana Ventures, also took part in the round. In the published blog...

Arizona

Arizona authorities may legalize bitcoin

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The legalization of bitcoin in El Salvador has become a landmark event for both the crypto industry and the global economy. In some countries, local politicians have said that they should follow the same path and recognize BTC as a means of payment. They were joined by Senator Wendy Rogers of...

Vitalik Buterin CryptoRelief Shiba

India's CryptoRelief Fund Returns $100 M SHIBs to Buterin

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The founder of the blockchain protocol Polygon, and non-profit foundation Crypto Relief, Sandeep Nailwal announced today that there have been discussions with Vitalik Buterin around the Shiba Inu assets he sent to CryptoRelief. Sandeep Nailwal said in a tweet that they have decided to transfer $100...

Google cloud

Google Cloud will develop products based on blockchain technology

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One of the divisions of Google Corporation - Google Cloud, which is a set of cloud services, announced the creation of a new team that will develop projects based on blockchain technologies. An official statement was posted on the Google website in which the technology corporation explains that the...

Apple

Apple officially announced its intention to join the metaverse

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Apple CEO Tim Cook provided a detailed description of the company's plans for expanding business in the metaverse. The man decided to share this information with large investors so that they could weigh all the "pros" and "cons" before investing in new Apple projects. Analyst...

OpenSea NFT hack compensation

OpenSea Returns Funds To Affected Users From the Hack

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Leading NFT marketplace OpenSea announced compensating users that suffered from the recent bug exploit. Funds worth $1.8 M was returned to the users. It was detected on January 24 that a hacker found a front-end vulnerability. Exploiting the bug, the hacker withdrew around 332 Ethers, worth around...

Diem stablecoin project closes

Meta's Crypto Project Diem Shuts Down

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Meta's stablecoin project Diem, initially called Libra, is shutting down. According to a report by Wall Street Journal, a person familiar with the subject said that the Diem Association is selling the technology to California-based bank Silvergate Capital for $200 M. Silvergate Capital agreed to...

Hack

Hacker opened Trezor wallet, to which investors forgot the access code

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The other day, the American media sparkled with headlines that local investors living in New York forgot the access code and secret phrase from their Trezor One cryptocurrency wallet. By the way, a good amount has already accumulated on the device - against the backdrop of an increase in the cost...

Warner Music Group the sandbox

Warner Music Group Partners with The Sandbox

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New York-based international record label conglomerate Warner Music Group is intending to hold virtual concerts in the metaverse. The company disclosed that it collaborates with the Ethereum-based shared digital space The Sandbox to set a virtual musical world. WMG obtained an estate that will...

Ethereum

Open interest in Ethereum futures drops over 50%

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At the beginning of December last year, open interest in Ethereum futures was at its maximum. The number of contracts was close to $14 billion. However, then this figure began to decline as ETH retreated in the spot market. As a result, open interest in Ethereum futures dropped 50.5% to $6.87...

SEC explores crypto lending products

The US SEC Reviews Products of Gemini, Celsius, and Voyager

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The U.S. Securities and Exchange Commission is examining the products of crypto companies Celsius, Voyager, and Gemini. According to a Bloomberg report, the scrutiny is a part of an expanded inquiry into businesses that provide lending products and allow customers to deposit tokens and earn...

Trumpcoin

Donald Trump's son threatens TrumpCoin with legal action

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The son of the former President of the United States, currency billionaire Donald Trump, Eric, recently posted an appeal to the TrumpCoin project on his Twitter account. Cryptocurrency startup, according to Trump Jr., uses the name of his family for personal gain without any consent or approval....

El Salvador

IMF urged the authorities of El Salvador to repeal the BTC law

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Many international organizations and agencies are calling on the leadership of El Salvador to repeal the law recognizing bitcoin as legal tender. Recall that this document began to operate in the Latin American state since September last year. Since that time, El Salvador has been periodically...

Vladimir Putin Russia crypto

Vladimir Putin Mentioned Russia’s Advantages in Crypto Mining

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The president of Russia, Vladimir Putin does not totally agree with the position of the country's Central Bank that crypto mining and trading should be banned. Today, during the meeting with the government members, Putin talked about crypto regulations. Referring to the paper released recently by...

Lamborghini

Lamborghini launches NFT collection

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Recently, the NFT space has been actively replenished with new supporters - from ordinary "Instagrammers" to world-famous corporations. For example, the Italian manufacturer of expensive sports cars Lamborghini recently announced that their company is preparing to launch an unusual...

Bithumb

Bithumb will stop withdrawing funds to the unverified users' wallets

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South Korean cryptocurrency exchange Bithumb periodically states that it will adhere to its country's laws to combat the criminal use of digital assets. As part of compliance with legal and regulatory requirements, this trading platform will stop the withdrawal of funds to the wallets of unverified...

Ripple XRP SEC

Ripple Grows While the Lawsuit Continues With the SEC Winning Time

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Ripple continues to grow with its valuation hit $15 billion after buying back its Series C shares from investors. The CEO of the company, Brad Garlinghouse announced that despite the ongoing case, Ripple’s financial position is the strongest ever. Excited to announce @Ripple bought back our...

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