Latest Blockchain and Crypto News
Cuba’s CB to Allow Cryptocurrencies and Regulate Them
The Republic of Cuba plans to legalize and regulate Bitcoin and other cryptocurrencies. On August 26, the country's states-issued news provider "Gaceta Official" announced Resolution 215. According to it, Cuba's Central Bank will establish new laws related to crypto. To advertise crypto,...
India plans to start testing its token by the end of 2021
India has joined those states that are accelerating the development of a national digital currency. Testing of the Central Bank token (CBDC) should begin before the end of this year. Shaktikanta Das, representing the leadership of the Central Bank, told the journalists about this. The Reserve Bank...
Solana (SOL) Reached a New All-Time High Surpassing $90
SOL, the native token of the Solana blockchain, updated its all-time high, breaking above $90 today. Over the last 24 hours, the price of the coin increased by around 8%, over the previous 7 days it went up around 14.5% . Solana was released in March 2020. Today SOL is the 10th largest...
Ethereum Interface Geth Discoveres a Chain Split
Ethereum is dealing with a chain split as a percentage of validators failed to upgrade their software after the found bug in the earlier versions of Ethereum interface Go Ethereum (Geth). A few days ago, on August 24, the team running the commonly used Ether interface layer Geth announced a flaw in...
People’s Bank of China calls on citizens to abandon BTC
In the spring, the Chinese authorities sharply increased pressure on companies representing the cryptocurrency industry. At first, almost all miners came under pressure, and officials began to squeeze them out of the country. Then the crackdown on cryptocurrency services began, and Beijing banned...
Police in Brazil arrested $ 28.6 million in cryptocurrencies
Brazilian Federal Police seized 150 million Brazilian reais ($ 28.7 million) worth of cryptocurrency in Operation Kryptos, linked to an alleged pyramid scheme. Law enforcers arrested five people. In addition to digital assets, the police ended up with $ 3.6 million in cash in US dollars, 21 premium...
Survey says young Americans choose Bitcoin
In the United States, as in other countries of the world, the number of citizens buying digital currencies continues to grow. Moreover, the highest proportion of crypto investors are young people under the age of 35. CNBC, together with Momentive, surveyed young Americans and found that 11% of them...
Number of BTC addresses with a non-zero balance reaches 2 months high
Despite the correction that has returned to the crypto market, a variety of categories of investors continue to invest in Bitcoin (BTC). Digital currencies returned to the red zone at the beginning of the week. They suffered the greatest losses the day before, today the rollback continues. At the...
Morgan Stanley Increased Its GBTC Shares
New York-headquartered international bank Morgan Stanley extended its indirect Bitcoin exposure by adding over one million Grayscale Bitcoin Trust (GBTC) shares worth about $40 M at the moment. The institution filed the purchase filing with the SEC on August 25. As the report shows, Morgan Stanley...
Ethereum hashrate updated all-time high
The hashrate of the Ethereum network reached 646.7 GH/s, updating its all-time high, according to Etherscan data. The indicator exceeded the previous record level of 643.8 GH / s, which it reached on May 20. Against the backdrop of the ensuing harassment of mining in China, the computing power of...
Billionaire Simon Nixon to Add His Crypto Investments
UK billionaire businessman, the co-founder and former deputy director of the popular platform for price comparison, MoneySuperMarket plans to add more BTC and other cryptocurrencies to his family office investments. During the interview with Bloomberg, the managing director at Nixon's Seek Capital,...
Hackers under the guise of games stole data from BTC wallets
Kaspersky Lab experts discovered the Swarez Trojan, which, among other things, stole data from crypto wallets. The peak of activity of the malware occurred in the spring of 2021. The attackers used the games Among Us, Battlefield 4, Battlefield V, Control, Counter-Strike: Global Offensive, FIFA 21,...
Crypto trading made over 70% of eToro's commission income in Q2
According to the results of the second quarter of 2021, the eToro investment platform earned more than $ 264 million in commissions from cryptocurrency trading. That is evidenced by the data published on August 25, the report for investors. In the six months that ended June 30, the platform...
Citigroup prepares to launch Bitcoin futures trading
Back in early May 2021, the media, citing their sources, reported on the plans of the financial holding Citigroup to develop a service for operations with cryptocurrencies. The giant is taking such a step against the backdrop of the growing demand of its customers for digital assets. This week, the...
Bitcoin hashrate in July-August grew by about three times
The computing power of the bitcoin network at the end of last month began to recover after the collapse provoked by the repression against miners in China. On July 29, the BTC hash rate increased to 102 EH/s. In August, the activity of miners continued to increase, thanks to the completion of their...
Three Arrows Capital CEO Su Zhu Supports Dogecoin
The co-founder, CEO, and CIO of the hedge fund manager Three Arrows Capital, Su Zhu supports Dogecoin, as it's easy to understand and captures the interest of blue-collar traders. Su Zhu expressed his opinion during the interview on “The Game Theory of Crypto Podcast”, where he talked about the...
Financial experts believe that cryptos will replace fiat
Many analytical companies have recorded the growing interest of financial managers in digital currencies and blockchain technologies. The Deloitte team interviewed over a thousand employees of financial corporations and found that most of them are optimistic about the long-term prospects of...
CoinShares records a rise in capital investments in ADA and SOL
Funds focused on digital currencies Cardano (ADA) and Solana (SOL) were the most attractive to institutional investors over the past week. These coins have added over 30% in value over the past seven days. A report from CoinShares says that institutions are positive about the near-term prospects...
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