Latest Blockchain and Crypto News
Chinese Ban Expands to Crypto News Portals
China is decisive to eliminate the exposure of Chinese residents to cryptocurrencies. The authorities didn't overlook news outlets and mining pools. Recently, major crypto media provider Chainnews, founded in 2017, announced shutting down. The editor-in-chief informed about the decision in his...
Japanese banks will take part in digital yen testing
Back in July, some details of the project to create the Japanese digital currency (CBDC) became known. The CBDC concept is going to be formed in 2022. This week, Japanese media reported that about 70 companies and banks are planning to participate in the development and testing of the token. An...
Bitcoin Price Hits a 6-Week Low
BTC price trades at its lowest price since mid-October. In the last 24 hours, the coin dropped by around 6%, falling below $55.000. Ether trades at about $4.000. Other cryptocurrencies such as Cardano (ADA), Solana (SOL), XRP, Polkadot (DOT), Avalanche (AVAX) also saw major value declines. The...
First Australian pension fund decides to invest in crypto
There are a growing number of pension funds around the world that have included digital currencies in their portfolio. The first Australian fund decided to follow the path of similar financial structures from other countries. Rest Super fund manages $ 46.8 billion in assets and serves 1.8 million...
Basic Attention Token and GALA Reach New ATHs
The popularity of different types of decentralized platforms grows. Today, the native token of the digital advertising environment Basic Attention Token (BAT) and Gala Games' GALA reached new all-time highs of $1.85 and $0.8367 respectively on CoinMarketCap. BAT is the native crypto of the...
Whales control over 90% of the exchange balance of bitcoin
Turbulence returns to the crypto market after each spike in the activity of large bitcoin addresses or so-called whales. According to Santiment, wallets holding between 100 and 10,000 BTC triggered an escalation in volatility last week. Recall that the price of bitcoin on some trading floors fell...
German Chancellor-elect Olaf Scholz Issues Crypto Warning
Olaf Scholz, the newly elected Chancellor of Germany issued a serious warning on Bitcoin and cryptocurrencies. According to an article published by Forbes, Scholz compared the growth of the crypto market to the 17th-century tulip mania of Holland. At the time, the value of tulip bulbs was extremely...
Indian government offers crypto cooperation to democratic countries
Today India is one of the few countries that intend to work with cryptocurrencies in the long term. The government of this state has been going for a long time to create a regulatory framework for digital currencies and recognize them as a separate class of assets. Recently, the Indian authorities...
Adidas Originals Partners With Coinbase and The Sandbox
Germany-based leading sportswear manufacturer Adidas announced a partnership with Coinbase. A few days ago, on November 22, the company tweeted about the collaboration with the blockchain-powered virtual world the Sandbox, writing about creating an "adiVerse" and what users and the...
Bank of England Supports Global CBDC Concept
Central bank digital currencies (CBDCs) are the instruments of our future to bring about a global financial revolution. This point of view is shared by the management of the Bank of England. Deputy Head of the Central Bank John Cunliffe, during his speech at the Parliamentary Committee on Economic...
The Word of 2021 Is “NFT”, per the Collins Dictionary
The Collins English Dictionary presented its ten selected words for the year. The release starts with the definition of NFT, saying that it is the Word 2021. It's one of the three tech-related terms on the list, with the other two being crypto and metaverse. In the release, published by Collins,...
Mr. Goxx, a cryptotrader hamster, died
On Monday, November 22, a crypto trader hamster named Mr. Goxx (real name - Max) died. “It is with deep sorrow that we must announce the loss of our beloved furry friend,” they wrote. The rodent showed no signs of serious illness, they said, but suddenly quit eating and fell asleep calmly on...
Azuro CEO Paruyr Shahbazyan Talked About the Project
In a recent AMA (Ask Me Anything), the CEO of decentralized betting protocol Azuro, Paruyr Shahbazyan and the CMO Rossen Yordanov answered questions of users about blockchain and the gaming sector. To the question of what was the reason for creating the platform, Shahbazyan said that as a...
Long-term BTC storage trend continues to dominate
Bitcoin (BTC) has been falling in price since the end of last week, but crypto fans still refuse to sell it. According to the Glassnode platform, the number of wallets with a non-zero BTC balance in the second half of November reached an all-time high of 38.76 million. Researchers recall that the...
Kraken: Australian authorities hinder development of cryptosphere
The Australian office of the Kraken crypto exchange criticized the policy of the country's authorities. As Jonathan Miller, representing the company's top management, noted, if regulators introduce licensing of trading floors, business development will slow down. Australia is among the countries...
eToro to Limit Cardano and Tron for Users in the US
Crypto brokerage company eToro informed about limiting Cardano's ADA and Tron's TRX tokens for the people from the US. In the post, published by the company, the eToro team says the reason is regulatory concerns. From December 26, users in the U.S. won't be able to create new positions for the two...
European CB will strengthen control over crypto payments
The leadership of the European Central Bank is not only working on the launch of the digital euro but also trying to tighten control over all types of cryptocurrency transactions. This week, the regulator issued a press release announcing plans to include stablecoins and other digital assets in the...
Test version of Brazilian CBDC will appear by the beginning of 2022
Back in early summer, the press center of the Central Bank of Brazil announced the regulator's plans to issue a digital version of the real (CBDC) within the next two to three years. Then, information about the start of token testing began to spread on social networks. The Central Bank denied these...
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