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Latest Blockchain and Crypto News



Chainlink unique addresses

Chainlink Address Activity Hit Its Highest Mark Since May

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Crypto and blockchain market data provider Santiment announced that the unique amount of addresses interacting on the LINK network has reached a 3-month high. On August 20, the number of unique addresses was 8025. 📈 #Chainlink jumped back to as high as $28.70 Friday, rebounding toward its recent...

Binance

Binance users to be required to undergo mandatory verification

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Binance, the leading cryptocurrency platform, has decided to launch a mandatory verification procedure for all of its users. The administration of the trading floor published the corresponding statement this morning. The blog clarified that this procedure is going to affect, first of all, new...

Coinbase to add $500 M in crypto

Coinbase Will Add Over $500 M in Crypto to Its Holdings

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The CEO of the popular crypto trading platform Coinbase, Brian Armstrong informed about the board decision to add $500 M in crypto to the company's balance sheet. Also, the firm plans to invest 10% of the entire profit in crypto with the possibility to expand the amount. We recently received board...

Digital hryvnia

Ukrainian civil servants will be able to receive salaries in CBDC

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The Ukrainian authorities continue to work on the creation of a national digital currency. Earlier, representatives of the government and the Central Bank have repeatedly stated that in addition to the launch of a regulated token (CBDC), Kyiv intends to legalize the cryptosphere. This week, the...

Cardano ADA new high

Cardano (ADA) Reached a New All-Time High Surpassing $2.55

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Increasing by over 27% in a week, the price of the native token of the Cardano blockchain, ADA hit a new record high of $2.55 on CoinMarketCap. The coin now is the third-largest by market cap ($80.7 B). Earlier, on August 13, Cardano founder Charles Hoskinson, announced that the Alonzo upgrade will...

El Salvador

Ministry of Finance of El Salvador thinks use of BTC will be optional

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Many international organizations have criticized the decision of the El Salvadorian authorities to legalize bitcoin. This week, the Minister of Finance of the Latin American state, Alejandro Zelaya, reacted to internal and external criticism. According to him, the use of bitcoin in El Salvador will...

hack

Japanese crypto exchange Liquid reported a hacker attack

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The administration of the Japanese regulated Liquid exchange informed its users about the hacker attack. On the morning of August 19, the press center warned about the suspension of accepting deposits and withdrawals due to security problems. In a statement, the exchange notes that it has begun to...

Robinhood Q2 results crypto

Robinhood Q2 Report Shows Crypto Trading Growth

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Menlo Park-headquartered financial services provider Robinhood published the results of the second quarter, 2021. As the report released on August 18 shows, the app’s crypto trading has grown. In Q2, cryptocurrency trading brought the company 41% of its revenue. Over this period the firm...

John Cena

WWE launches NFT token trading featuring John Cena

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On August 18, WWE announced the release of their digital token. These are so-called non-fungible tokens that will take part in NFT trades. The virtual tokenized coins will reportedly feature a photograph of WWE Hall of Famer John Cena. It should be noted that this initiative came from the legendary...

Ethereum

Ether exchange balance fell to a seven-month low

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The price of Ether (ETH) on Wednesday, August 18, fell to $ 3064. The capitalization of the largest altcoin in 24 hours decreased by 3.66% to $ 359.427 billion. A report from the Glassnode team talks about the ongoing outflow of ether from cryptocurrency exchanges. Currently, the number of ETH...

Crypto derivatives

Crypto derivatives market shows price recovery

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As of today, we can confidently talk about the recovery of the digital assets market after the fall in their value in May. The most actively moving up the price ladder are such coins as ВТС and ЕТН. In addition, it will be fair to note an increase in investor demand for cryptocurrency...

OpenSea $1 B trading volume

OpenSea Saw $1.22 B in Trading Volume in the Last 30 Days

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Popular NFT platform OpenSea set records in the previous 30 days. On August 17, the market’s co-founder and CEO Devin Finzer informed the community that the platform's trading volume surged to $1 M this month. OpenSea just hit $1B in trading volume for the month of August so far.And it's...

McGlone

McGlone: Bitcoin challenges gold and the dollar

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The bitcoin (BTC) rate on Wednesday, August 18, fell to $ 42,200. Experts urge investors not to panic over the cryptocurrency price correction. Bloomberg strategist Mike McGlone tweeted once again that BTC has enormous potential. If earlier the American dollar was a competitor to gold, now the...

Bank of Ghana

Bank of Ghana’s crypto initiative sparks skepticism from some experts

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Bank of Ghana’s initiative to develop and release its digital asset has generated a lot of excitement and discussion. The Afroblocks association approached the study of this event most thoroughly. Its co-founder was very skeptical about the idea of ​​the financial institution and said that...

Audius surges

AUDIO Market Cap Over $1 B After Collaboration With Tiktok

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Decentralized music sharing and streaming platform Audius’s native token AUDIO now has over a $1 B market cap. It’s the first time that the indicator has broken above this mark. The surge happened after the revealed cooperation with TikTok on August 16. Now Audius users can make their music...

China

China continues to tighten control over crypto companies

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The PRC authorities continue to establish tight control over companies representing the cryptocurrency business. Earlier, the People's Bank has repeatedly stated that this course will continue. The regulator opposes the use of bitcoin and other decentralized cryptocurrencies. Alternatively, he will...

El Salvador

Colombian official adviser commented on decision to legalize BTC

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In June 2021, El Salvador’s parliament passed a landmark bill allowing bitcoin to be used as a means of payment. It was initiated by the country’s President Nayib Bukele. Many politicians and experts from various Latin American countries supported this move. Colombian presidential adviser...

SEC

SEC reported that institutionals are more actively buying BTC

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Based on recently published documents on the website of the US Securities and Exchange Commission, it appears that bitcoin has entered a new phase of adoption by institutional investors. Over the recent period, four large companies have reportedly acquired a large number of shares in the Bitcoin...

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