Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
The Digital Real Will Increase Financial Services Availability in Brazil
Reading Time: < 1 minuteThe Central Bank of Brazil is aiming to introduce a digital real (CBDC) into the financial system by the end of 2024, partnering with fintech startups and commercial banks.
Fox Unveils Premiere Date for its NFT Series Krapopolis
Reading Time: < 1 minuteFox Broadcasting Company has declared that the animated series “Krapopolis” from the creator of “Rick and Morty” Dan Harmon will have its premiere on September 24, 2023.
Number of Jobs in Crypto Industry Falls by 10%
Reading Time: < 1 minuteA report from K33 Research has found that there has been a 10% decrease in the number of people employed in the cryptocurrency sector, dropping from 210,000 to 190,000.
Berenberg Believes Bitcoin Rally Will Benefit MicroStrategy
Reading Time: < 1 minuteAnalyst firm Berenberg Capital Markets has predicted that the value of the IT giant will boom during the next Bitcoin bull market.
Russia’s Parliament Approves Law on Introduction of Digital Ruble
Reading Time: < 1 minuteThe State Duma of the Russian Federation has passed in the second and third read ings a law which lays the groundwork for the integration of the central bank digital currency (CBDC).
Crypto Funds See Influx of Funds for Third Consecutive Week: CoinShares
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CoinShares analysts have assessed that the inflow of funds into cryptocurrency investment products over the past week (July 1-7) was $136.1 million, up from $124.7 million the week before.
Study: Gaming Industry is Ahead of DeFi and NFT Markets
Reading Time: < 1 minuteAccording to a new study from DappRadar, the gaming industry is leading the blockchain economy and is far ahead of the DeFi decentralized finance market and the NFT ecosystem.
Mining Firm HIVE Blockchain Mined 259 BTC Last Month
Reading Time: < 1 minuteHIVE Blockchain Technologies mined 259 Bitcoins in June, bringing their reserves up to 1967 BTC.
Europe Warns Against Exclusion of DeFi Sector from MiCA Regulation
Reading Time: < 1 minuteAFME has called on regulators to keep DeFi services within the MiCA regulatory framework in order to protect market integrity, financial stability, and end users while promoting financial and technological innovation.
Arthur Hayes: Bitcoin Will Rise in the AI Era
Reading Time: < 1 minuteArthur Hayes, the founder of crypto exchange BitMEX, has recently reaffirmed his bullish forecast for Bitcoin, claiming its value could soar to $760,000.
CFTC Accuses Two US Residents of $5M Bitcoin Scam
Reading Time: < 1 minuteThe US Commodity Futures Trading Commission (CFTC) has charged two residents of Florida with defrauding investors out of more than $5 million.
Non-custodial Exchange IDEX Plans to Launch its Own L2 Network
Reading Time: < 1 minuteIDEX, one of the oldest Ethereum exchanges, has initiated the development of a second-level Xchain solution leveraging Polygon’s zkEVM technology.
Abracadabra Proposes to Transfer DAO Management to a Legal Entity
Reading Time: < 1 minuteThe Abracadabra DeFi project team proposed the creation of a centralized organization to protect intellectual property rights and manage costs.
Mining Firm Marathon Mined in June 21% Less than in May
Reading Time: < 1 minuteMarathon Digital Holdings mined 979 BTC last month, a 21% reduction from the record in May, yet a 599% year-over-year increase.
Vietnam’s Authorities Highlight the Risks Associated to Transactions with Pi Crypto
Reading Time: < 1 minuteLe Xuan Minh, the head of the Department of Cybersecurity and High-Tech Crime Prevention of Vietnam, declared that the operations of cryptocurrency models are “extremely complex and uncontrollable.”
Bitfinex: Bitcoin’s Growth Phase Will Return
Reading Time: < 1 minuteThe Bitfinex exchange believes that, with the SOPR index currently in the green zone.
Binance to Suspend Support for Multichain-related Tokens
Reading Time: < 1 minuteBinance has announced that from July 7, support for the deposit and withdrawal of multiple tokens, due to an issue with the Multichain cross-chain project in May, will be suspended.
Animoca Brands Founder Believes Hong Kong is Becoming a Blockchain Hub
Reading Time: < 1 minuteYat Siu, co-founder of the investment company Animoca Brands, is part of an expert group that advises Hong Kong officials on developing regulations for the blockchain industry.
Devs Propose ETH Standard to Fight DeFi Project Hacks
Reading Time: < 1 minuteThe Ethereum community’s group of programmers has created the ERC-7265: Circuit Breaker standard in order to improve the security of DeFi protocols.
TVL of Liquid Staking in Solana Protocols Increases by 91% in Six Months
Reading Time: < 1 minuteSince the beginning of this year, the total volume of funds (TVL) blocked in Solana’s liquid staking protocols has seen a 91% spike – from $98 million to $187 million.
Australia is Third Country with Largest Number of Crypto ATMs
Reading Time: < 1 minuteAs of July 1, 2023, Australia had risen to third place in the ranking of countries with the highest number of Bitcoin ATMs, boasting 513 digital currency terminals according to CoinATMRadar service data.
Hong Kong Creates a Task Force for Web3 Development
Reading Time: < 1 minuteThe Hong Kong government declared on June 30 the creation of a 15-expert task force, headed by Financial Secretary Paul Chan, to promote the development of Web3. The group, which […]
Crypto Funds See Influx of Funds for Second Week in a Row: Report
Reading Time: < 1 minuteCoinShares analysts found that the total influx of funds into cryptocurrency investment products from June 24 to June 30 was $124.7 million, which is a decrease from the $199.1 million recorded for the previous week.
Vitalik Buterin Gives Support to Projects Targeted by the SEC
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Vitalik Buterin, the co-founder of Ethereum, has expressed his regret for the projects that have been affected by the recent lawsuits of the SEC in the United States.
WSJ: SEC Will Reject BlackRock’s and Fidelity’s ETF Application
Reading Time: < 1 minuteThe SEC has informed Nasdaq and CBOE exchanges that applications from BlackRock, Fidelity, and other companies for spot Bitcoin ETFs were deemed to be “not clear and comprehensive” due to the lack of information regarding the joint monitoring agreement or its details.
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