Latest Blockchain and Crypto News
A data center for mining will be placed in Armenia
The Armenian authorities plan to decommission the old Hrazdan thermal power plant and place an enterprise for the extraction of cryptocurrencies on its territory. On January 20, the project on leasing part of the station territory was approved by the Public Services Regulatory Commission of...
Google Forms a Group to Work on Distributed Technologies
One of the top tech companies, Google revealed that the company has a new unit which will work on blockchain and other disruptive computing and data processing techs. As per a report by Bloomberg, Google assigned an engineering vice president of Advertising Infrastructure and Payments Systems at...
Blind Mining – the future of APY
If you are passionate about finance or just getting into it, you have often heard that a big APY is good. But for sure, you have also wondered what an APY is. The annual percentage yield (APY) is the real return on investment, taking compounding interest into account. While investing, APY is quite...
A Hacker Exploiting Multichain Bug Offers to Return 80%
On Jan. 17, the blockchain interoperability network Multichain was hacked. The team announced that a critical vulnerability affected 6 cryptos; WETH, PERI, OMT, WBNB, MATIC, and AVAX. The company mentioned that it fixed the vulnerability, and transactions could be done safely. However, Multichain...
Mike McGlone thinks Bitcoin may run into trouble in 2022
Bloomberg strategist Mike McGlone is known by many as an ardent supporter of bitcoin. Over the past few years, he has repeatedly expressed aggressive forecasts regarding the prospects of cryptocurrency. Now the same analyst has suddenly become less optimistic. If earlier he predicted that BTC could...
EU Markets Regulator Calls for Ban on PoW Crypto Mining
Erik Thedéen, Member of the Management Board of the European Securities and Markets Authority (ESMA) finds that EU regulators should encourage the crypto industry to use crypto mining that is less energy-consuming. During an interview with Financial Times, Thedéen said that he finds the solution...
US Bank analyst calls Solana Ethereum's main competitor
Bank of America strategist Alkesh Shah recently expressed his opinion on the future of the Solana cryptocurrency project, calling it, by the way, the main competitor to Ethereum. According to a well-known analyst, Solana is actively entering the digital asset market, taking away popularity in...
Microsoft Acquires Activision Blizzard, Enters Metaverse
Tech giant Microsoft disclosed acquiring one of the biggest game publisher companies, Activision Blizzard for around $68.7 bln. Microsoft said that the move is a step towards entering the metaverse. Metaverse is a virtual environment where users interact via 3D avatars. Fungible and non-fungible...
Number of ETH addresses with a non-zero balance set a new record
Data from the Glassnode platform shows that investors are buying up Ethereum (ETH) despite the drop in its value. The ETH exchange rate on the night of Wednesday, January 19, fell to $3,100; over the week, the capitalization of the altcoin decreased by almost 5% to $371.078 billion. In two months,...
Malaysia may isue its national digital asset
Malaysia may join those countries that are planning to issue their national digital currency (CBDC). The Central Bank of this country has not yet made a final decision. Soon, he will focus on exploring the potential of the token and developing the CBDC concept. If the Central Bank concludes that it...
Intel Plans to Present an Efficient BTC Mining ASIC
Leading technological corporation Intel is going to unveil a new, environmentally friendly BTC mining ASIC at the upcoming International Solid-State Circuits Conference (ISSCC), which will take place next month. In the program, published by ISSCC, it's mentioned that session 21, highlighting chip...
Genesis Trading points to a rise in the number of BTC hodlers
Digital asset manager Genesis Trading has recorded an increase in the number of investors holding Bitcoin for more than five months. As a result of the December sell-off in the spot market, hodlers were able to significantly increase their reserves in cryptocurrency. The number of such BTC wallets...
Blockchain Games Developer Animoca Brand's Valuation Hit $5 B
NFTs and metaverse-focused company Animoca Brands announced securing around $358 M in investments. In a blog post published on Jan. 18, the team said that the company’s valuation surpassed $5 B with the fund allocation. The investment round was led by Liberty City Ventures. Among the...
Mark Cuban Keeps 80% of His Portfolio in Crypto
Entrepreneur Mark Cuban unveiled that he invests 80% of his holdings in crypto. In a later interview during "The Problem With Jon Stewart", Cuban said that currently, he doesn't invest in traditional establishments. The NBA team Dallas Mavericks owned by Cuban partners with the publicly...
India invites partners to jointly control the cryptosphere
The Indian government has repeatedly postponed the consideration of a bill to regulate relations in the cryptocurrency market. The authorities take this decision due to opposition from the Central Bank, which is categorically against recognizing such instruments as means of payment. This week,...
Crypto.com Restored Withdrawals After an Unauthorized Activity
Crypto trading platform Crypto.com detected unauthorized activity on the platform on Jan. 17, after which it stopped deposits and withdrawals for some time. The team was investigating suspicious activities during the pause. Crypto.com stated that all funds were unaffected. The exchange implemented...
Binance to launch crypto exchange in Thailand
In the ranking of cryptocurrency exchanges in terms of trading volume, Binance ranks first. Despite the problems of this company in some countries, it continues to gain a foothold in new markets. The structure of the Thai billionaire Saratha Rathanawadi Gulf Energy Development PCL will act as a...
Jamaican Prime Minister thinks 70% of the residents will use CBDC
Back in 2020, the Central Bank of Jamaica announced its readiness to launch its token. The regulator already then began to negotiate with IT companies that should help the country create a national digital currency. Prime Minister Andrew Holness told reporters that he has no doubts about the...
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