Latest Blockchain and Crypto News
Crypto Community Discusses Dorse’s Resigning as Twitter CEO
Twitter co-founder and the CEO from 2015, Jack Dorsey revealed leaving his role on Monday, by publishing his departure email. CTO Parag Agrawal will replace him. not sure anyone has heard but,I resigned from Twitter pic.twitter.com/G5tUkSSxkl— jack⚡️ (@jack) November 29, 2021...
Bitcoin transaction fees plummet by over 50%
Since January 2021, transaction processing fees on the Bitcoin network have descended by about 57%. According to the YCharts service, in 11 months, the average collection fell from $4.4 to $1.8. Analysts are looking at several factors driving the drop in network fees. One of them is the growing...
Shiba Inu (SHIB) Becomes Available on Kraken
One of the leading crypto exchange platforms, Kraken, revealed the listing of Shiba Inu. In the published post, the team says that trading will be open from Nov. 30. Users can trade SHIB for US dollar and Euro. Futures and margin trading won't be possible at release. The minimum needed deposit is...
Solana Foundation announces network carbon neutrality
The Solana Foundation, a non-profit corporation behind the development of the Solana project, plans to implement a program by the end of 2021 that will help make the network of validators carbon neutral. In May, the organization contracted energy and climate consultant Robert Murphy. The...
MicroStrategy Bought 7002 Bitcoins
Software company MicroStrategy announced acquiring 7.002 Bitcoins worth around $414 M on November 29. The average price of the coin was $59,187, including fees and expenses. Currently, the company holds about 121,044 BTC purchased for nearly $3.57 billion at an average price of $29.534 per coin....
David Abner: SEC recognizes bitcoin as an asset class
The Securities and Exchange Commission (SEC) has approved three ETFs for bitcoin futures, and this policy indicates that the US regulator recognizes cryptocurrency as an asset class. This point of view is shared by David Abner, representing the top management of the Gemini exchange. He said that...
Binance Restarts Dogecoin Withdrawals, CZ Announces Giveaway
Leading crypto exchange by trading volume, Binance announced resuming Dogecoin withdrawals. The platform stopped the function when it discovered a technical issue that appeared as a result of a Dogecoin wallet version upgrade on Nov. 11. It turned out that transactions stuck on Binance about a year...
Tanzania prepares to launch its token
In early summer, the Tanzanian authorities announced the legalization of digital currencies. Now it became known about the plans of the Central Bank to issue a token (CBDC). The corresponding statement last week was made by the head of the Central Bank Florence Luoga. According to him, the...
Popular Indian Crypto Exchange Gets Ready for IPO
The most prosperous crypto company of India, CoinDCX intends to hold an Initial Public Offering (IPO) when the question of regulations gets clear. CoinDCX co-founder Neeraj Khandelwal told about it during an interview with Bloomberg Television Monday. He also noted that an IPO delivers legitimacy...
Trading volume on DEXs in November may exceed $100B
At the end of November 2021, the number of transactions on decentralized crypto exchanges may exceed $100B. According to The Block, as of November 28, the trading volume has already reached $ 99.5 billion. Compared to the July lows, the number of transactions with digital assets on DEX platforms...
DappRadar To Create a Dapp Store With Its Native Token
DappRadar, a blockchain analytics platform will create its own decentralized environment “The World's Dapp Store” with the native crypto asset RADAR. As one of the users mentioned, there is already a token called RADAR, to which co-founder Dunica Dragos replied that DappRadar's token isn't...
The CB of Russia plans to publish a report on the crypto market
The management of the Bank of Russia strongly opposes the recognition of bitcoin as a legal payment instrument. The head of the Central Bank Elvira Nabiullina, periodically confirms her tough position and calls BTC a fraud and a financial pyramid. Soon, the regulator promises to publish its...
Vitalik Buterin Proposes a Solution for High Gas Fees
The Ethereum blockchain protocol faces issues of scalability and high costs. Vitalik Buterin, the co-founder of the ecosystem proposed a new way to face the challenges. Recently, he introduced the Ethereum Improvement Proposal (EIP) 4488, which suggests decreasing transaction calldata gas price and...
Singapore-regulated company launches two Bitcoin funds
Singapore-based MAS-regulated finance company Fintonia Group has launched two institutional-grade bitcoin funds. Fintonia Bitcoin Physical Fund and Fintonia Secured Yield Fund are for professional investors looking for opportunities to interact with a new asset class. The Bitcoin Physical Fund buys...
El Salvador Adds 100 More Bitcoins Amid the Market Fall
While prices of cryptocurrencies saw a decline yesterday, investors are considering buying more crypto with discount. On Nov. 16, the president of El Salvador, Nayib Bukele informed followers that the country purchased 100 extra Bitcoins. The previous purchase was on October 28, when El Salvador...
SEC will discuss options for legalizing cryptosphere with experts
Next week on December 2, the Securities and Exchange Commission (SEC) plans to hold talks with representatives of the expert community on the regulation of the digital currency market. The statement of the American regulator notes that in addition to the legalization of cryptocurrencies, the SEC...
UK CB’s Governor Is Concerned About El Salvador’s BTC Policy
Andrew Bailey, the governor of the Bank of England expressed concerns related to El Salvador's Bitcoin legalization. According to a report by Bloomberg, during the Cambridge University student union on November 25, the governor said he is worried that El Salvador would choose Bitcoin as its...
CB of Canada sees no threat to the economy from cryptos
The Bank of Canada believes that no threats to the state's economy come from cryptocurrency. The position of the regulator was announced by its official representative Paul Baudry. The share of crypto payments is so low that their impact on the financial sector is hardly felt. However, the official...
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