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Latest Blockchain and Crypto News



Alethea AI intelligent NFTs

Alethea AI Attracted $16 M to Build Intelligent NFTs

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Alethea AI Attracted $16 M to Build Intelligent NFTs A startup from Singapore, decentralized protocol Alethea AI, which enables the creation of intelligent NFTs (iNFTs) announced raising $16 M via a private token sale. 1/ After our groundbreaking sale of the world’s first iNFT at @Sotheby’s for...

Cryptos

British institutional investors expect a rise in the value of cryptos

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More and more institutional investors from around the world are interested in digital currencies. The hedge fund Nickel Digital surveyed British financial managers and found that about half of them expect further growth in the value of bitcoin and other virtual coins. The same respondents told the...

Grayscale

Grayscale's Ethereum trust exceeds $10 billion

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Grayscale, a digital asset management company, continues to ramp up investments in bitcoin, ether, and other major cryptocurrencies. Funds for such instruments go through specialized trusts. The giant's latest statement on Twitter notes that as of August 24, its cryptocurrency trusts have...

Riot blockchain revenue

Riot Blockchain's Q2 Revenue Up 1500% Compared to Q2 2020

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Colorado-based BTC mining company Riot Blockchain announced the results of the second quarter of 2021. The press release issued on August 23 indicates that the company's mining revenue reached $31.5 M which means a 1540% growth compared to last year's $1.9 M. 70% of the revenue, which is $19.3 M,...

Iran

Iranian authorities prepare to lift mining ban in September

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Back in May, the Iranian government announced a mining ban until September 2021. The decision was made due to the threat of an energy crisis in the Islamic Republic. Due to the high activity of miners, the load on the power grids has increased dramatically, which has created threats to the power...

MicroStrategy Bitcoin Investment August 2021

MicroStrategy Purchased Another $177M of BTC

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Michael Saylor, CEO of the enterprise analytics and software solutions entity MicroStrategy revealed another Bitcoin purchase today. The company acquired 3.907 coins for $177 M paying $45,294 per BTC on average. Thus, MicroStrategy's Bitcoin holdings reached 108,992 units with an average price of...

El Salvador's president

Bitcoin use in El Salvador will be voluntary

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Last week, the Ministry of Finance of El Salvador said that the legalization of bitcoin does not mean that the use of cryptocurrency will have to be compulsory. Each citizen will decide whether he should keep BTC or use it as a payment instrument. Now the President of El Salvador Nayib Bukele has...

Monero

Monero adds in price amid record high network activity

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The private altcoin Monero (XMR) has been rising in price since mid-August. Over the past 24 hours, the rate of the cryptocurrency has increased by another 16%. The capitalization of XMR on Monday, August 23, reached $ 5.9 billion. The coin climbed to 28th place in the ranking of the largest...

Substack

Substack started accepting payments in bitcoins

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The popular publishing platform Substack announced that since August 23, it began accepting payments in the BTC. As of now, Substack has about 500 thousand paid subscribers from all over the world. However, for now, it will be possible to purchase a subscription for bitcoins only for those...

Visa buys a CryptoPunk NFT

Visa Buys an NFT “CryptoPunk” for $150.000

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Leading financial services company Visa revealed buying CryptoPunk #7610 paying around $150.000 in Ether. Along with the announcement, Visa released a blog post. Through the post, the head of Crypto at Visa, Cuy Sheffield, explained what NFTs are and why the company chose to buy one. Over the last...

Play Store

Play Store deletes 8 crypto fraud apps

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A recently released report from analysts from Trend Micro said that there are about 120 cryptocurrency apps that are currently available for download from the Play Store. Experts noted that some of them have installed more than 100 thousand users on their gadgets. The document says that most of the...

PayPal

PayPal announced the launch of a cryptocurrency service

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According to the official statement of the popular payment system PayPal, it will soon launch a new crypto service. It is noted that not all PayPal customers will be able to access digital asset trading. To use the new services, you will need to have the status of a British citizen and a verified...

Altcoins surge along with crypto market cap

Altcoins Surge, Ethereum Reaches a 3-Month High

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Over the last 24 hours, the total crypto market cap has increased by around 2.7%, surpassing $2.17 trillion. Bitcoin surpassed $50.000 for the first time since May. Ethereum has surged over $3.362. The native token of the Cardano blockchain, ADA has come near to $3. Today, the coin reached a new...

Bitcoin

Bitcoin price crossed the $50,000 mark

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On Monday, August 23, the first cryptocurrency surpassed the $ 50,000 level for the first time since falling in May. Over the past 24 hours, the coin has risen in price by 2.1%, over the week - by 6.6%. Bitcoin capitalization - $ 942.9 billion Open interest in the bitcoin futures market has reached...

Deloitte blockchain survey

Digital Assets May Replace Fiat in 10 Years: Deloitte Survey

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This year’s blockchain poll carried out by major management consulting company Deloitte shows that 76% of the participants believe that digital assets will become a more common choice or replace fiat in the coming 5-10 years. As mentioned in the publication, the survey was processed from March 24...

lawsuit

SEC wins $13M lawsuits against Bitconnect representatives

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The US SEC announced court decisions against two representatives of the Bitconnect crypto lending platform, which it considers to be a $ 2 billion unregistered securities offering scheme. In May 2021, the regulator indicted four alleged Bitconnect promoters, Trevon Brown, Craig Grant, Ryan Maasen,...

Brian Quintenz

Crypto supporter Brian Quintenz announces retirement from CFTC

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Brian Quintenz, known for his friendly attitude to cryptocurrencies, announced his resignation from the post of CFTC. Quintenz's term expired back in April 2020, when he committed to resigning by October. At the same time, the law allowed him to work in the CFTC until the end of 2021. “Without a...

AdvisorShares Bitcoin ETF

AdvisorShares Applies For BTC Futures ETF

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The US-based investment manager AdvisorShares filed with the SEC to release a Bitcoin ETF. As noted in the submitted papers, the fund plans to invest all or most part of its holdings in exchange-traded futures contracts on BTC and collateral. In case of approval, AdvisorShares plans to invest in...

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