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Latest Blockchain and Crypto News



Avalanche Circle usdc

Circle's USDC Stablecoin Now Also Operates on Avalanche

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Peer-to-peer payments technology Circle revealed that its stablecoin USDC started operating on the smart contracts protocol Avalanche. Released in 2018 on Ethereum, USDC is the second-largest stablecoin after Tether and the 7th largest crypto. The coin has a market capitalization of over $41.7 bln....

Thailand

Thai authorities are preparing tough rules for the cryptosphere

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The central bank of Thailand has said it will not allow the financial sector to be destabilized. To this end, the regulator plans to develop a regulatory framework for the cryptosphere that will not allow digital currencies to squeeze out the traditional banking system. In January, the Central Bank...

Mike Novogratz Bitcoin DeFi NFTs

Mike Novogratz Predicts the BTC Price and the Future of DeFi

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In a recent interview with Bloomberg, the CEO of crypto-focused investment firm Galaxy Digital, Mike Novogratz talked about cryptocurrencies, NFTs, DeFi, the policy of the US Federal Reserve System, and what developments he expects. The businessman finds the lowest level that Bitcoin may fall is...

US congress stablecoins hearing

Stablecoins Hearing Held at the US Congress

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The Senate Banking Committee discussed the sector of stablecoins in a recent hearing. Subjects of regulations and whether the assets are good for the economy or can lead to a financial crisis were raised. Four witnesses testified: director of financial policy at Open Markets, Alexis Goldstein,...

DOGEcoin

Dogecoin failed to gain a foothold above $0.2

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Digital currency Dogecoin made a new leap on the eve and soared in price to the highest level since the beginning of December. Altcoin jumped to $0.202 but retreated to $ 0.179 on Wednesday night. The capitalization of DOGE is now just over $ 23.9 billion, the coin has risen to tenth place in the...

Btc

The exchange balance of bitcoin began to decline again

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The influx of cryptocurrency to exchanges at the end of November led to the December Bitcoin sell-off. However, already last week, the trend began to change, and investors again began to withdraw BTC from trading floors. The change in tactics suggests that traders believe the cryptocurrency will...

crypto regulation Bank of England

Bank of England Mentioned the Benefits and Risks of Crypto

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The United Kingdom’s Central Bank released a Financial Stability Report, where it mentioned the rapid evolution of the crypto industry. The regulator said that domestic and global regulations must cooperate to control the risks of the fast-evolving market of cryptocurrencies. The Financial Policy...

Cardano Ethereum converter

Cardano's Ehereum Converter Is Launched on the Testnet

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Input-Output Hong Kong (IOHK) revealed the launch of testnet which allows tokens built on top of Ethereum to come to Cardano’s environment. For this purpose, Cardano collaborates with the decentralized AI protocol SingularityNET and its native crypto asset AGIX. SingularityNET allows creating,...

Gensler

Gary Gensler believes the SEC should regulate cryptosphere

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The head of SEC, Gary Gensler, periodically declares the need to increase the transparency of the cryptocurrency market and ensure the safety of traders. According to him, the Securities and Exchange Commission should control the blockchain industry. To protect investors, the SEC is ready to follow...

Elon Musk Dogecoin Bitcoin

Elon Musk Mentioned Advantages of Bitcoin and Dogecoin

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Business magnate, the person of 2021 by Time magazine, Elon Musk talked about crypto, in particular Bitcoin and Dogecoin, pointing out their advantages and use cases. Musk was a co-founder of digital payments company PayPal and says the nature of money is one of the things that is possible to...

Mining

90% of bitcoins are already mined

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As of December 12, 90% of bitcoins were mined, according to data from the Blockchain.com service. Mining pools have managed to mine 18.89 million coins from 21 million BTC so far. Recall that Bitcoin mining will stop after the mining of 21 million coins, this is the concept formed by the creators...

Reeves

Keanu Reeves admitted that he owns cryptocurrencies

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Movie star Keanu Reeves, who is widely known as the lead actor in the movie "The Matrix," admitted that he represents the camp of cryptocurrency holders. He spoke about this in an interview and noted that he is not professionally engaged in trading, but only holds a certain amount of...

Crypto market December

Despite the Drop, Bitcoin Still Is 2x Up From 2020

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Over the last day, the crypto market cap dropped by over 5%. Currently, it stands at around $2.13 trillion. Prices of most cryptocurrencies have seen significant losses in the last 7 days. The lowest price of Bitcoin in the last 24 hours, was $45,894.85 according to CoinMarketCap. In that...

UAE

UAE sovereign fund involved in investing in crypto startups

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Mubadala Investment Company, the National Wealth Fund of the Emirate of Abu Dhabi, is considering investing in a cryptocurrency ecosystem. This was stated by its CEO Khaldun Al Mubarak. “Crypto is a business that was worth $ 200 billion two years ago, and today has reached $ 2.5 trillion. While...

Tether Myanmar NUG

Myanmar’s Shadow Government Makes Tether Official Currency

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Myanmar’s National Unity Government accepted the largest stablecoin Tether (USDT) for internal use. The Burmese government in exile was formed in 2021, by those who are against the current regime and support the arrested Aung San Suu Kyi, who previously was State Counsellor of Myanmar. NUG...

Hidden mining

One of Java libraries vulnerability was used to install hidden miners

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Hackers exploited a critical vulnerability in the Java-based Apache Log4j logging library to install hidden miners and other malware. An exploit called Log4Shell allowed attackers to download Mirai and Muhstik malware onto devices. Later they were used to launch Kinsing cryptominers, organize...

BBVA Switzerland crypto

Major European Bank BBVA Adds Ethereum Services

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Leading international bank BBVA (Banco Bilbao Vizcaya Argentaria) unveiled it has expanded its crypto services. The Swiss franchise of the bank now allows customers operations with Ethereum. BBVA Switzerland presented BTC trading and custody service this June, and revealed intentions to introduce...

Bored Ape

Bored Ape Yacht Club token was sold for almost $1.4M

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The owner of the non-fungible token (NFT) Bored Ape Yacht Club #9452 sold it at 4337 times the purchase price - for 347 ETH. “I bought my monkey for 0.08 ETH on minting night and just sold it for 347 ETH. I can't find the words right now. I'm crying. Thanks to the Bored Ape Yach Club for...

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