Latest Blockchain and Crypto News

The Polygon team revealed today that Ethereum Improvement Proposal (EIP 1559) is going live on the Polygon blockchain protocol. With the upgrade, the supply of MATIC becomes deflationary, which means that through burning, coins will be removed from circulation. Also, the step improves fee...

Pakistan, a country that has previously not specifically spoken out about its position on cryptocurrency, is now ready to announce a complete ban on its entire territory. That was recently announced by the government of the country. It is worth noting that the State Bank of Pakistan (SBP) has long...

Later filings by leading retail company Walmart unveil that the company intends to release its own crypto asset, NFTs, and enter the metaverse. The company submitted filings with the USA Patent and Trademark Office at the end of 2021. Overall, Walmart presented 7 filings. In one of them, the...

The private altcoin Monero (XMR) began to grow steadily last week. Moreover, this coin is increasing in price against the backdrop of a negative trend that dominates the crypto market. In the last 24 hours alone, the altcoin has risen in price by 6.5% to $228.32. Last Thursday, January 15, the XMR...

MAS (The Monetary Authority of Singapore) released a guideline that set rules for those offering crypto trading services, from advertising their services publicly. The new rules aim to protect investors from possible risks. According to the regulator, the public shouldn't be provoked to trade...

The rating agency Moody's considers that the authorities of El Salvador made a big mistake by legalizing BTC. Analyst Jaime Reush expects the investment attractiveness of this Latin American state to decline. Crypto is a volatile instrument. El Salvador recognized BTC and began to invest its...

International financial services corporation Fidelity published research on cryptocurrencies. The report covers the spheres of regulations, adoption, market awareness, the expansion of the industry, and other analyses. Fidelity mentioned that in 2021 Bitcoin saw significant growth. At the start of...

The capitalization of the largest stablecoins Tether (USDT) and USD Coin (USDC) exceeds $78.431 billion and $45.432 billion, respectively. At the same time, USDC was recently able to bypass USDT in terms of the value of tokens placed on the Ethereum network - $ 39.92 billion against $ 39.82...

Cardano-based decentralized exchange SundaeSwap, unveiled that it will launch and hold an ISO (Initial Stake Offering) on Jan. 20. 📢The moment we've all been waiting for has finally come!We're excited and proud to share that SundaeSwap and the ISO will be launching on the evening of...

Popular clothing brand The Gap has teamed up with production studio InterPop to launch its virtual collection on the Tezos platform. San Francisco-based retailer The Gap made the announcement recently, noting that users will be able to buy their brand's limited-edition digital hoodie. The company...

The other day, Ghozali Godzalo, an Indonesian college student, was able to sell a collection of his photographs, turning them into NFT tokens, for nearly $1 million. The collection consists of nearly 1,000 selfies he took from 2017 to 2021, between the ages of 18 and 22. It is worth noting that...

Bitfinex, the 8th largest crypto exchange by trading volume, published a notice on Jan. 14 for Ontario (Canada). The team said that from March 1, 2022 services will become unavailable for Ontario customers. Bitfinex has started some actions. Accounts that have no balances on the market will be...

Demand for specialists in the crypto space saw significant growth. From 2020 to 2021, job postings in the USA that include terms like "BTC", "Ether", "blockchain", "crypto" increased 395%. The broader tech sector saw a 98% surge during the same interval. It...

Brazilian city Rio de Janeiro’s mayor Eduardo Paes, disclosed plans to buy BTC with 1% of the city's treasury funds at the Rio Innovation Week. Also, he said that there'll be up to 10% discount on prices in the case of BTC payments. As Paes stated, Rio aims to turn into South America's tech...

The price of Ether (ETH) has increased by almost 3.5% over the past 24 hours to $3342. According to the ViewBase platform, during the week investors withdrew 203,147 ETH from centralized crypto exchanges for a total amount of up to $682.997 million. The exchange balance of ETH in mid-January...

Cryptocurrency exchange FTX launched a new venture capital to back web3 and crypto startups. FTX Ventures will be led by Amy Wu, a partner at VC Lightspeed Venture. Previously, in November 2021, Lightspeed in the leadership of Wu, together with FTX and Solana Ventures, launched a $100 M Web3...

New York Mayor Eric Adams, who was elected on November 2 and took office on the first day of 2022, gave an interview to a popular business publication. The media asked if the measure received a salary in bitcoins, which he announced even before his appointment. When asked by journalists, Adams...

As per a recent decision by the US Magistrate Judge Sarah Netburn, the SEC will disclose emails related to a speech, in which an ex-official William Hinman stated that Eth isn't a security in 2018. Then, he said that the cryptocurrency is decentralized enough. This speech plays a major role in the...