Latest Blockchain and Crypto News
Binance Singapore Will Be Closed, CZ Clarifies the Reasons
Today (Dec. 13) Binance Singapore has unveiled cancelling its application for a license to run crypto services. Binance.sg published a press release, saying the platform will fully stop functioning till February 13. In the announcement, the team informed that some functions are already unavailable....
AscendEX exchange was hacked
At the end of last week, another cryptocurrency platform was hacked. This time, the hot wallet of the AscendEX exchange was hacked. In a statement from the administration, it is noted that hackers were able to steal digital currencies totaling up to $ 77 million. ERC-20 tokens were stolen from the...
Hackers Cracked Indian PM's Twitter Account
Attackers targeted the Twitter account of Indian PM Narendra Modi. On Sunday, Dec. 12, they spread fake news that India has adopted BTC. Also, the hackers wrote that the country acquired 500 coins to distribute to India’s residents. The office of the PM of India informed Twitter about the hack,...
Chainalysis will add Lightning Network support
Chainalysis analytics platform announced support for the Bitcoin Lightning Network (LN) micropayment network with its transaction tracking solution from February 2022. "VASPs, including cryptocurrency exchanges that use Chainalysis KYT (Know Your Transaction) to monitor transactions in...
Solana May Have Experienced Another DDoS Attack
On December 10, Solana transactions slowed down. The founder and CIO of the crypto investment firm Cyber Capital, Justin Bons says there was a DDoS (distributed denial of service) attack, and the attacker exploited design flaws. Solana co-founder Anatoly Yakovenko replied Bons, saying he didn't get...
SEC and Ripple Requested to Extend Expert Deposition Time
One of the most crucial events in the crypto industry, the lawsuit between the SEC and Ripple continues. On Dec. 10, the parties filed a motion, requesting from the Court to extend the deadline of an expert discovery by three days. For now, the discovery is set to close on January 14, 2022. In the...
SEC ex-officials are suspected in the connection with Ethereum
The human rights non-profit organization Empower Oversight has demanded that the SEC disclose documents regarding a potential conflict of interest in the actions of former high-ranking officials. The lawsuit is filed in the Eastern District of Virginia. The plaintiff is requesting access to...
Cathie Wood Continues to Be Bullish about Crypto
ARK Invest CEO and CIO Cathie Wood is bullish about the future of crypto, despite the current price decline. During a recent interview with CNBC on December 9, Wood shared her predictions. She reiterated her view that if more institutional investors choose Bitcoin, the price of the coin will...
MicroStrategy additionally bought 1,434 BTC for over $80M
Business analytics software provider MicroStrategy acquired an additional 1,434 BTC for about $ 82.4 million. According to the report, the average purchase price was approximately $ 57,477. Trades were made between November 29 and December 8, 2021. The funds spent correspond to the proceeds that...
French and Swiss Central Banks Tried CBDC
In terms of the program Jura, national banks of France and Switzerland, together with the BIS Innovation Hub implemented a test for wCBDC (wholesale central bank digital currency). The experiment was a part of the Banque of France series of CBDC tests, which started in March 2020. It leveraged a...
PepsiCo announces its first NFT collection
PepsiCo has announced the Pepsi Mic Drop NFT collection on Ethereum. Tokens will be received by members of the waiting list, registration for which will open on December 10. The collection consists of 1,893 tokens - in honor of the year the company was founded. According to the press release, the...
BTC hashrate came close to the max values since May 2021
Transactional activity on the bitcoin network has surged to its highest level since late spring amid the recent sell-off on the crypto market. The cryptocurrency price plunged below $ 43,000 as volatility escalated on Saturday. However, the computing power of the network, on the contrary, continued...
Polygon’s Exciting News Is the Purchase of the Startup Mir
During the ZK summit, Polygon unveiled the big news it said was coming. That is the purchase of a startup, working on Ethereum scaling, Mir for $400 M. Previously, the Polygon team said it had exciting news to unveil. Mihailo Bjelic, Jaynti Kanani and Sandeep Nailwal, Polygon’s co-founders, spoke...
China started second phase of digital yuan testing
The updated financial infrastructure of China and Hong Kong will be based on the digital version of the yuan (CBDC). The parties have already started the second stage of testing this tool, local media reported. Recall that the largest banks and IT companies from the Middle Kingdom also take part in...
Reddit will expand its loyalty program with ETH tokens
The social network Reddit has opened a waiting list for expanding its program of rewarding Ethereum-tokens "Community Points" to subreddits of the platform and launched a special information resource. The initiative has been operating in test mode since May 2020. Members of the...
WhatsApp Will Enable Crypto Payments via Novi Wallet
Meta's Novi wallet will allow transferring money via the popular communication app WhatsApp. As VP of product at Novi, Stephane Kasriel revealed, the feature becomes available today (Dec. 9) for a certain number of users in the USA. The executive said, sending money will be as simple as a message. ...
FreeRossDAO acquires NFT collection of Silk Road founder Ulbricht
Decentralized Autonomous Organization (DAO) FreeRossDAO has acquired the NFT collection of the founder of the Silk Road darknet marketplace Ross Ulbricht. The winning bid on the SuperRare platform auction was 1,446 ETH. The auction was won by user yfimaxi. In a conversation with Decrypt, a...
Bitstamp Launches SHIB, GALA, PERP and DYDX
Crypto exchange Butstamp revealed on Dec. 8 that it will add 4 new tokens: Shiba Inu (SHIB), Perpetual Protocol's PERP, dYdX (DYDX), and Gala Games (GALA). Today, the exchange revealed that users can place limit orders on SHIB and PERP pairs. SHIB is a popular meme coin. In July 2021, the Shiba Inu...
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