Latest Blockchain and Crypto News
Coinbase to Bring Out Its NFT Marketplace
On October 12, leading crypto trading platform Coinbase revealed intentions for the release of an NFT marketplace. As mentioned in the blog post published by the company, the P2P marketplace will allow minting, trading,displaying, and exploring NFTs more easily. The popularity of NFTs has been...
Crypto Platform Celsius Attracted $400 M, Values at $3 B
Today cryptocurrency trading platform Celsius announced raising over $400 M in equity funding. The investment was led by the growth-oriented investment firm WestCap. With this, the company's valuation has reached $3 billion. The news comes after Celsius's facing scrutiny. Last month, the New Jersey...
Venezuela’s Maiquetía Airport to Start Accepting Crypto
Director of Venezuela’s Maiquetía International Airport (otherwise called Simón Bolívar), Freddy Borges announced that the institution intends to add cryptocurrencies like Dash, BTC, and state-backed Petro (PTR) as a payments option. The exact date when the option will become available isn't...
JPMorgan CEO Continues to Think Bitcoin is Worthless
CEO of New York-based international investment bank JPMorgan Chase Co, Jamie Dimon says in his personal opinion Bitcoin is worthless although the bank's customers think differently. The executive shared his views during an Institute of International Finance event on Oct. 11. At the same time, he...
Blockchain Analysis Provider Elliptic Attracted $60 M
Blockchain analytics firm Elliptic tweeted about raising $60 M in Series C funding round. Different venture companies and banks backed the round. Among the investors are VC Evolution Equity Partners, a multinational conglomerate company SoftBank, financial services companies Wells Fargo, Santander,...
Vitalik Buterin Doesn't Approve El Salvador's BTC Policy
El Salvador’s president Nayib Bukele's step of Bitcoin legalization and making local businesses support the coin didn’t get approval of Vitalik Buterin. Although Bukele tweeted in September that BTC would not be forced on everyone, Article 7 of the Bitcoin Law states that every business...
China to Sentence Crypto Activities: Caijing Journalist
Today, a journalist at Beijing political magazine Caijing, Yan Qinwen Zhang Yingxin reported that China is considering ways to convict and sentence crypto activities by law. While currently there is no legal framework providing this option, the country plans to establish a judiciary system for...
Crypto Mining Firm Bitmain Stops Shipping to China
Leading crypto mining manufacturer Bitmain announced it no longer delivers mining equipment to China (except for Hong Kong and Taiwan). According to the press release published by the company, it suspends the shipping from October 11. As for overseas business activities, they continue as usual. The...
El Salvador’s President Revealed BTC Gains and Future Plans
On October 10, El Salvador's president Nayib Bukele tweeted about building a pet hospital with funds raised after Bitcoin adoption. Bukele mentioned that after Bitcoin legalization, the price of the coin saw gains and brought profits of $4 M to the country. The President tweeted that in just 20...
White House To Consider Ways of Regulating Crypto
The U.S. government explores the crypto industry and possible ways of its regulations. Bloomberg reported on October 8, that the Biden administration weighs executive orders for federal agencies, which would explore the sector and present recommendations. Sources informed Bloomberg, the order...
Altcoins Surge: Fantom (FTM) and Harmony (One) Hit New ATH
The crypto market continues seeing gains. While Bitcoin went up by around 15% in the last 7 days, reaching its 4-month high, altcoins surge too. Native tokens of blockchain platforms Fantom and Harmony reached new all-time highs, $2.45 and $0.2473 respectively. The number of projects built on both...
Over 20 Crypto Firms Leave China: China Securities Journal
China announced stricter measures against the crypto industry to detect and prevent any activity on September 24. But regulators didn't stop there. Today, China National Development and Reform Commission included virtual currency mining in the list of eliminated industries to seek public opinion....
MiamiCoin City Wallet Now Holds Over $10 M
The first CityCoin, MiamiCoin (MIA) has boosted $10 million in revenue since its launch in early August. Based on the Stacks blockchain, MIA allows users to receive stacking rewards in Stacks and BTC, supporting the city's growth at the same time. The current Miami City Wallet balance is valued at...
JP Morgan Says Institutions Prefer Bitcoin to Gold
Over the last 7 days, the price of Bitcoin grew by over 22.31%, surpassing $55.000 for the first time since mid-May. The coin's market cap hit $1 trillion. New York-based major international investment bank JP Morgan noted the reasons for the surge. In a note from Thursday, the bank said Bitcoin's...
Congressman Tom Emmer Disagrees With Gensler’s Crypto Views
As SEC Chair Gary Gensler makes attempts to regulate the crypto sector, he faces opposition from congressmen supporting crypto. Senator Tom Emmer, a representative from Minnesota says Gensler is accountable for how his leadership can damage crypto investors in America. He also finds that the SEC...
A Warcraft Issue Motivated Vitalik Buterin to Build Ethereum
In his bio, published on personal web hosting platform about.me, Ethereum co-founder Vitlik Buterin wrote about the reasons for his creating Ethereum. Buterin says he first understood the negative impact of centralized services while playing World of Warcraft during 2007-2010. His favorite hero...
Will SHIB Hit a New High? The Token Gets Into the Top 15
This week's massive surge brought SHIB token to 15th place as the largest cryptocurrency by market cap. The indicator stands at over $13 billion at the moment. In the last 7 days, SHIB saw an impressive surge of around 370% and currently trades at $$0.00003315. From the start of the year, the...
Stellar and MoneyGram Partner, XLM Surges
Leading payment company MoneyGram revealed a collaboration with blockchain protocol Stellar. As the firm stated on Wednesday, it aims to expand its services with digital assets. In particular, MoneyGram aims to carry out instant transactions using USDC stablecoin, developed by P2P payment...
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