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Latest Blockchain and Crypto News



Bitcoin Taproot upgrade

Bitcoin's Taproot Upgrade Went Live

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The much-awaited upgrade of the Bitcoin network, Taproot went live on Nov. 14. It's meant to improve the protocol's privacy and security. Taproot is the first major update of the BTC code till 2017, when the Segregated Witness (SegWit) was introduced, separating transaction signatures and boosting...

Gemini Shiba Inu

Gemini Now Supports Shiba Inu, Audius, and Other Tokens

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Crypto exchange and custodian Gemini now supports Shiba Inu (SHIB), along with AUDIO, MUSK and other tokens of different types. As the Gemini team announced, deposits and custody on the platform now are available for them. The SHIB community expects crypto broker Robinhood to be the next adding...

VanEck spot Bitcoin  ETF rejected

Vaneck’s ETF Got Rejection From the SEC

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The US SEC rejected the request from investment manager VanEck to release a spot Bitcoin ETF. As per a report published by the government agency on Nov. 12, the paper submitted in March, by Cboe BZX Exchange and VanEck didn't provide sufficient details on how the product would prevent fraud and...

India

India will hold talks with representatives of cryptosphere

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At the end of October, Indian media reported on the plans of the country's authorities to decide on the legalization of the cryptosphere. The Ministry of Finance will prepare the corresponding bill by February next year. On the coming Monday, negotiations will take place between representatives of...

China Communist Party Xiao Yi

Chinese Party Expels an Official for Violating Crypto Ban

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Xiao Yi, an ex-Chinese politician was expelled from the Communist Party for exploiting his power and being engaged in crypto mining operations. On November 13, the Central Committee of the Chinese Communist Party (CCP) announced the decision, presenting reasons. The report says that the highest...

Griffin

Citadel CEO points out the benefits of Ether over Bitcoin

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Ken Griffin, founder and CEO of Citadel hedge fund, sees Ether (ETH) as a more promising digital asset than Bitcoin (BTC). It is based on a network that acts as a platform for many projects and services. In the future, ETH will become the leading payment instrument, the businessman said in an...

ddos

Number of DDoS attacks increased by almost 24% in Q3 of 2021

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The cumulative number of DDoS attacks in the world in Q3 2021 increased by almost 24% compared to the same period in 2020. In August, a record number of such attacks per day was recorded over the past few years - more than eight thousand. Most of the hackers' targets were in the United States, Hong...

AMC Theatres crypto

AMC Entertainment Now Accepts BTC, Ether, BCH, and LTC

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CEO of leading movie theater company AMC Theatres, Adam Aron said that users now can pay online for tickets and snacks in Bitcoin, Ether, Litecoin, and Bitcoin Cash. Big newsflash! As promised, many new ways NOW to pay online at AMC. We proudly now accept: drumroll, please… Bitcoin, Ethereum,...

Illegal mining

Over 221K devices have been confiscated in Iran for illegal mining

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During the week, the Iranian authorities seized 227 devices for mining cryptocurrency from illegal miners in 14 residential buildings. The total number of equipment confiscated during the fight against unlicensed mining reached 221,390 units, according to the Financial Tribune. In total, inspectors...

FTX

FTX.US increases trading turnover 512% in Q3

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In the third quarter of 2021, the trading volumes of the FTX US division jumped 512%. The daily indicator at its peak reached $ 807 million, an average of $ 360 million. FTX.US's share of the US spot cryptocurrency market has grown from 2% to 4.5%. The client base increased by 52%. The press...

Universal Music Bored Apes

Universal Music Group Is Creating a Group of Virtual Apes

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Leading corporation Universal Music Group N.V. has formed a new group named Kingship. Performers of the band are 4 Bored Ape Yacht Club (BAYC) NFTs. NEWSFLASH: UMG’s next-gen label 10:22PM forms 𝐊𝐈𝐍𝐆𝐒𝐇𝐈𝐏, the First-Ever Group Consisting of NFT Characters from Bored Ape...

Indonesia

Indonesia banned citizens from owning cryptocurrencies

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In late October, one of the regional Islamic organizations in Indonesia spoke out against the possession of digital currencies by Muslims. The clergy issued a fatwa urging citizens not to buy bitcoins and other virtual coins or make transactions with such instruments. Now all Muslims in Indonesia...

MiamiCoin rewards

Miami Residents Will Get BTC Dividend in a MiamiCoin Wallet

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Francis Suarez, the mayor of Miami, and one of the biggest crypto supporters said that the city residents will receive a Bitcoin dividend in their MiamiCoin wallets. In the interview with Coindesk, the mayor explained that returns will be in the form of yield received for the stake of MiamiCoin...

ny

CityCoins to launch urban cryptocurrency for New York

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The CityCoins project, which launched the MiamiCoin city token for Miami, announced that it is going to create a similar solution called NYCCoin for New York. “We are glad to welcome you to the global home of Web3! We look forward to technology and innovation to help our city move forward, ”New...

Jesse Powell

Kraken CEO assumes creation of many metauniverses with shared assets

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The head of the Kraken cryptocurrency exchange Jesse Powell predicted the creation of many meta-universes in the future at the Crypto Goes Mainstream event. “I don't think there will be any one metaverse,” he said. Powell said no one would have a monopoly on such development. He called the...

Zhao

Binance CEO: Institutionals still wary of investing in cryptos

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Despite the increasing influx of institutional capital into the crypto sphere, most financial institutions are still wary of entering this market. According to Binance CEO Changpeng Zhao, many hedge funds and asset managers still view digital currencies as too risky. However, it is no longer...

Ethereum news futures trading

Ethereum's Open Interest Hits a New All-Time High

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According to data analytics company Skew, the total number of Ether futures hit a new all-time high of $12.6 bln on November 10. The previous peak was reached recently, on September 6, when the indicator hit $11.1 bln. Open interest for BTC futures stands at $26.4 bln. The peak was set on April 14,...

Twitter decentralized apps

Twitter Makes a Team To Work On Distributed Technologies

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Major social media portal Twitter builds a blockchain-focused team to work on dapps, NFTs, and other crypto-related products. The lead of Twitter Crypto is experienced developer Tess Rinearson. As per a post published by Rinearson, the team's work will include but is not limited to...

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