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Latest Blockchain and Crypto News



Bitcoin

Bitcoin network activity hits seven-month high

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As a result of the aggravation of volatility in the crypto market at the end of last week, the number of active addresses on the bitcoin network has sharply increased. According to Arcane Research, transaction activity on the BTC blockchain is currently at its highest level since May 2021. Even...

Thailand

CB of Thailand demanded from banks to stop working with cryptos

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The Bank of Thailand plans to launch a national digital currency (CBDC). Back in the spring, the regulator announced trials of its token. At the same time, the Central Bank is very negative concerning bitcoin and other virtual coins. On December 7, the Central Bank issued a decree requiring...

Ubisoft Tezos NFTs

Ubisoft Launches NFT Platform on Tezos

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Video game publisher and distributor Ubisoft partners with the blockchain protocol Tezos to launch an NFT platform, Ubisoft Quartz. As stated in a press release published by the company, players can get playable NFTs, Digits in an AAA game on the new network. Ubisoft will bring the first Digits to...

Congress crypto USA

Crypto Execs and Congress Discussed the Future of Finance

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Crypto representatives and congresspeople discussed the future of digital assets during the hearing called by the chairwoman of the House Committee of Financial Services, Maxine Waters. Mainly, members of congress were positive about the industry. FTX CEO Sam Bankman-Fried, Coinbase CFO Alesia...

Polygon MATIC announcement

Polygon Has Huge News to Reveal on December 9

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Ethereum scaling solution Polygon will hold a discussion on Zero-Knowledge rollups on Dec. 9, which the platform refers to as the ZK day. Polygon revealed the news via Twitter on Dec. 2. Ethereum creator Vitalik Buterin will participate in the event. Also, on that day, the company will reveal a...

Christmas

10% of Americans are planning to get crypto as a gift for Christmas

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Almost every tenth resident of the United States is ready to present cryptocurrencies as a gift for the New Year, and every fourth is ready to buy them in the new 2022. Such results were obtained by specialists of the BlockFi landing platform. The survey involved 1,262 US residents aged 18 to 65....

US Congress crypto executives

Crypto Executives Will Testify Before Congress

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Crypto Chief Executive Officers will appear before Congress on Dec. 8. The news comes as the crypto regulatory question continues to be one of the primary questions in the country. The hearing was called by the U.S. Representative for California's 43rd congressional district, chair of the House...

Visa

Visa will drive the massive adoption of bitcoin

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Payment giant Visa has announced the creation of a new advisory division to assist clients to navigate cryptocurrencies. The structure, which will become part of the consulting and analytics department, will give advice to financial institutions, retailers, and other firms on everything from the...

ETH

ETH has increased the number of transactions for amounts over $100K

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Ether (ETH) was able to rebound after the crash to $3,623 last Saturday, December 4th. The recovery of positions has been observed over the past three days. Altcoin capitalization is now just over $ 522.455 billion. The IntoTheBlock team found that institutional investors, whose interest in ETH has...

McGlone crypto

Bloomberg Expects US to Embrace Crypto in 2022

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Bloomberg Intelligence released a crypto sphere outlook for 2022. The insights by Commodity Strategist Mike McGlone show that in 2022 there will be a clear regulatory framework and bullish trends in the crypto industry in the US. The prediction is based on China's ban and the development of...

Matt Hougan

Bitwise top manager doubts BTC will hit $100K this year

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Among analysts, many believe that by the end of December, Bitcoin will be able to approach $ 100,000 or even break this psychological mark. However, amid the recent market crash, the number of bulls betting on cryptocurrency aggressive gains has plummeted. Bitwise top manager Matt Hougan also...

Fidelity Nexo partnership

Nexo and Fidelity Will Offer Products for Institutions

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Digital currency loan service Nexo collaborates with enterprise-grade crypto custody Fidelity Digital Assets (FDAS) to enable large entities access crypto services. Per the release published by Nexo on December 7, the companies will introduce first-class financial operations and...

Eric Schmidt Chainlink

Eric Schmidt Now Is an Advisor at Chainlink

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Eric Schmidt, an American businessman and software engineer, now is an advisor at Chainlink Labs, which stands behind the development of the popular open-source blockchain platform Chainlink. Schmidt has an impressive career history. Previously he was CEO and executive chairman of Google. Eric...

Institutionals

Institutionals withdrew $ 40M from crypto funds

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Institutional investors have invested a total of about $184 million in crypto funds last week. However, as early as Friday, December 3, they began withdrawing funds from digital assets amid the market decline. The outflow of funds from crypto-focused products reached $ 40 million. Capital inflows...

Australia crypto adoption

Survey Shows Crypto Adoption Grows in Australia

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More people now own crypto in Australia. A 2021 survey by the Independent Reserve Cryptocurrency Index indicates that the number of Australians owning crypto grew to 28.8% from 18.4% in 2020. Over 2000 people participated in the survey. The results show that 89% of investors profited. 26.6% of...

Craig Wright Kleiman Bitcoin trial

Jury Decided Craig Wright Didn't Owe Kleiman 1.1m Bitcoins

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As per the decision of a Florida jury, announced on Monday Australian computer scientist and businessman Craig Wright did not owe 1.1 m BTC to the family of cyber forensics David Kleiman. Court decided that Wright must pay 100 m in punitive damages over intellectual properspecialistty rights to a...

DEX

Analysts have recorded surge in the activity of users of DEXs

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In a study by the Dune analytics team, it is said that in November, users of decentralized crypto exchanges (DEX) showed very high activity again. Trading on DEX aggregators such as 1inch, Ox, and ParaSwap has grown significantly. The total trading volume on the last week exceeded $ 6 billion. In...

Bitmart

BitMart promises to pay compensation to victims of hacker attack

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At the end of last week, it became known about a hacker attack on the hot wallets of the BitMart crypto exchange. The attackers managed to withdraw about $ 200 million in various tokens deployed on Ethereum and Binance Chain. The CEO of this platform, Sheldon Xia, promised to compensate the losses...

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