Bitcoin Makes History As The World’s Most Held Financial Asset

The number of Cryptocurrency users has doubled in the last six months reaching 221 million by the end of June, according to new research by Hong Kong-based and fast-growing crypto-exchange Crypto. com. дальше »

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Bitcoin Likely to Find Support, U.S. Inflation at a 13-Year High

Inflation in the U. S. shot 5. 4 percent year-to-date in June 2021, the most in 13 years according to the Labor Department, Reuters reported on July 13. Inflation rose in June to Multi-Year Highs Of note, the index tracking prices of used cars and trucks rose by 10. дальше »

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Derivatives Now Dominate Crypto Volume, Gaining Nearly 54% Market Share in June: Report CryptoCompare

Open interest on Bitcoin futures products dropped 31. 8%, more than across ETH future's 28. 3% drop, according to CryptoCompare data. As for exchanges, Binance, which had the highest OI across all derivatives products, saw the biggest 38. дальше »

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Miners Start Accumulating Bitcoin

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Shiden (SDN) Becomes Winner of the Third Kusama (KSM) Parachain Auction

Smart contract protocol Shiden has won the third round of the ongoing Kusama parachain auction, leaving two more slots out of the first phase of the five slot auction rounds. Shiden Wins Round 3 of the Kusama Parachain Slot Auctions The Shiden team announced the win via Twitter on Tuesday (June 6, 2021). According toRead More дальше »

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Ethereum Exchange Reserves Plummet To More Than Two-Year Low

Ethereum exchange reserves have now hit a new low for the first time in over two years. According to CryptoQuant, this number has plummeted from 26 million from June last year to less than 21 million by July 2021. дальше »

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PARSIQ’s IQ Protocol Mainnet Launch Draws Near

PARSIQ, a data and automation platform that connects blockchain activity to real-world applications is happy to announce that it will soon be launching its protocol to the public on June 30, 2021. According to the platform, PARSIQ will be launching its DeFi-oriented IQ protocol to the mainnet. дальше »

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TeraWulf Signs Purchase Order for 30,000 Bitmain Antminer S19j Pro Bitcoin Mining Machines

Bitcoin mining firm TeraWulf has signed a purchase order of 30,000 mining machines from the largest Bitcoin machine producer Bitmain. Mining Machines To Be Delivered In 2022 The mining machines, called the Antminer S19j Pro, will be delivered from January to June 2022 according to the announcement released by Bitmain. дальше »

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CoinMarketCap Testing the DeFi Waters with Token Swap Feature

CoinMarketCap has announced that its users can now easily swap their Ethereum-based DeFi tokens right from the website. The feature will initially support only Uniswap V1 and V2, as well as all Uniswap compatible wallets including MetaMask, WalletConnect and Coinbase wallet, amongst others, according to a blog post on June 29, 2021. CoinMarketCap Token Swaps Read More дальше »

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HSBC Joins UAE KYC Blockchain Platform

Banking giant HSBC recently announced it had successfully onboarded the United Arab Emirates (UAE) Know Your Customer (KYC) Blockchain Platform. HSBC Joins the UAE KYC Blockchain According to a report by Ledger Insights published on June 29, multinational bank HSBC has successfully joined the UAE KYC Blockchain Platform founded by Dubai Economy. This makes HSBCRead More дальше »

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Morgan Stanley’s Bitcoin Exposure Through Grayscale’s GBTC Is Worth Nearly a Million Dollars

Banking giant Morgan Stanley is already exposed to Bitcoin through the largest digital asset managed, Grayscale Investments, which has $29 billion in assets under management (AUM). According to a June 28 filing with the US SEC, the bank’s Morgan Stanley Europe Opportunity Fund Inc. дальше »

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ICAP, Fidelity & Standard Chartered Launching Bitcoin (BTC) Trading Platform

TP ICAP is joining forces with Standard Chartered’s digital asset custody unit and Fidelity Investments to launch a bitcoin (BTC) and altcoins trading venue. The team says the move is in a bid to meet the growing demand of clients for digital assets trading, according to a Reuters report on June 29, 2021. TP ICAPRead More дальше »

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UK Regulators Prohibit Binance, What’s Ahead For The Crypto Exchange?

Binance has been the largest crypto exchange in the whole world. However, although not minding its reputation, the UK Financial Conduct Authority (FCA) has banned it from operating in the country. According to the regulatory body, Binance is no longer permitted to carry out regulated activities in the country from June 30, 2021. “BINANCE MARKETS […] дальше »

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According To The SEC, Morgan Stanley Owns 28,200 Shares Of Grayscale Bitcoin Trust

Morgan Stanley, a Wall Street investment bank, has gotten exposure to Bitcoin (BTC) through Grayscale, indicating that institutional adoption of digital assets is growing. Morgan Stanley Owns 28k Shares According to a June 28 filing with the US Securities and Exchange Commission, the Morgan Stanley Europe Opportunity Fund, which invests in established and growing firms […] дальше »

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dotmoovs Set To Launch Its MVP Ahead Of Schedule

dotmoovs, a peer-to-peer competition platform powered by blockchain and a state-of-the-art AI system is proud to announce an early release of its MVP platform. According to the announcement, dotmoovs will be launching its MVP today June 28 to usher in a new interactive platform for users and enthusiasts of freestyle football opening up the platform […] дальше »

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Jack Dorsey’s Bitcoin Demystification Event to Feature Elon Musk

A spokesperson for July 21, 2021, Bitcoin demystification event dubbed “The B Word,” which is being organized by the Crypto Council for Innovation (CCI), and other industry leaders have confirmed that Elon Musk will hold a debate with Twitter’s Jack Dorsey as part of the online event, according to reports on June 28, 2021. MuskRead More дальше »

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Cardano (ADA) adds 50,000 new ‘staking’ addresses in just 3 weeks

According to data aggregation platform PoolTool, Cardano (ADA) added more than 50,000 staking addresses in three weeks’ time, reflecting a substantial 8% growth in less than a month.   Cardano’s total staking addresses surpassed the 600,000 milestone in early June as the attention around the platform continues to grow. дальше »

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Tanzania’s Central Bank Working on Reversing Crypto Ban, Following President’s Directive

The Bank of Tanzania said that it is planning on reversing its previous ban placed on cryptocurrency after the Tanzanian President asked the country to prepare for the adoption of crypto.  Bank of Tanzania Looks to Lift Crypto Ban According to Reuters on Friday (June 25, 2021), Tanzania’s central bank is working on the directiveRead More дальше »

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Circle Launching DeFi API to Lower The Barrier to Entry for Businesses

Circle has announced plans to launch its decentralized finance (DeFi) application programming interface. The company says its DeFi API will make it easier for institutions and enterprises to access lending markets such as the Ethereum-based Compound Finance (COMP), according to a blog post on June 24, 2021. дальше »

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El Salvador to Airdrop $30 BTC to Residents as Bitcoin Adoption Gains Ground 

The government of El Salvador has announced plans to airdrop $30 worth of bitcoin (BTC) to every adult in the nation. The airdrop will only be given to those who download the government’s dedicated bitcoin wallet application, according to a tweet on June 25, 2021. дальше »

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Suze Orman Bullish on Bitcoin (BTC) Despite Regulatory Uncertainties

Suze Orman has revealed that she has bought $5,000 worth of bitcoin (BTC) via PayPal. The 70-year-old highly reputed financial advisor says she’s a fan of the flagship cryptocurrency despite the current fear uncertainty and doubt surrounding it, according to reports on June 24, 2021. дальше »

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Coinbase Unveils Proprietary Smart Contracts Vulnerability Checker

Coinbase cryptocurrency exchange and bitcoin (BTC) trading venue has announced the launch of its smart contracts vulnerability checking software called Solidify. The firm says Solidify is designed to automate, streamline, standardize and scale its smart contract security checks for Ethereum and other blockchain-based cryptoassets, according to a blog post on June 23, 2021. Coinbase LaunchesRead More дальше »

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UK: FCA Warns Investors Against 111 Unregistered Crypto Companies

The United Kingdom Financial Conduct Authority (FCA) has issued a warning against over 100 cryptocurrency firms who are operating without license in the U.K. FCA Says FOMO Causing Increased Investment in Crypto According to Reuters on Tuesday (June 22, 2021), the FCA’s head of enforcement and market oversight, Mark Steward, made the warning about theRead More дальше »

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3iQ’s Public Bitcoin Fund (QBTC) Now Trading on Nasdaq Dubai 

Canada’s 3iQ public Bitcoin Fund has officially launched on the Nasdaq Dubai exchange, according to an official statement on June 23, 2021. 3iQ Live on Nasdaq Dubai  After several months in the pipeline, 3iQ, Canada’s largest digital asset investment fund manager with more than CAD 2. дальше »

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Alchemy Ethereum Developer Platform Adds Support for Optimism

Alchemy has inked a partnership deal with Ethereum layer-2 scaling solution developer Optimism. With the deal, devs on the Alchemy platform will be able to integrate Optimistic Rollups into their applications, offering users highly scalable, & cost-efficient solutions, according to a blog post on June 22, 2021. дальше »

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India: Crypto Investors Could Be Subject to 2% Levy on Purchases from Offshore Exchanges

A report posits that Indians might be charged a 2% levy on crypto purchased from overseas exchanges. Charges Could Be Imposed on Indian Crypto Enthusiasts According to a report by The Economic Times published on June 22, digital currencies bought from crypto exchanges outside India could be subject to a 2% levy charge. Dubbed ‘equalizationRead More дальше »

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DeFi Protocol Impossible Finance Suffers $700k Heist

Decentralized finance (DeFi) protocol Impossible Finance (IF) has suffered a flash loan attack, losing $700k to the hackers. The IF team has made it clear that users’ funds are secure and it would fully compensate all those affected by the attack shortly, according to a blog post on June 22, 2021. Impossible Finance (IF) Attacked Read More дальше »

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El Salvador’s Opposition Leaders Fight Against Country’s Bitcoin Law 

Members of El Salvador’s Farabundo Marti National Liberation (FMLN) have filed a lawsuit challenging the constitutionality of the Bitcoin Law passed by the country’s lawmakers earlier in June. The plaintiff claims El Salvador’s bitcoin (BTC) adoption push is not in the people’s best interest, according to an EL Mundo report on June 21, 2021. OppositionRead More дальше »

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Three Ethereum Testnets Are Transitioning to the Highly Anticipated London Upgrade

According to a blog post on the Ethereum Foundation’s website, three Ethereum testnets leveraging the London hard fork will go live during the next few weeks. Ethereum core developer Tim Beiko explained last Friday that the “upgrade will first go live on Ropsten, at block 10499401, which is expected to happen around June 24, 2021.” […] дальше »

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Iran: Authorities Suspend Activities of Iran Blockchain Association

The Iranian government has suspended the Iran Blockchain Association (IBA) for reportedly violating laid down rules and operating contrary to its own articles of association. Iran Bans Blockchain Association  According to the Financial Tribune on Sunday (June 20, 2021), the suspension of IBA’s activities was carried out by Iran’s Ministry of Interior. The IBA whichRead More дальше »

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Banque de France Completes New CBDC Experiment for Securities Settlement

France’s central bank stated that it completed a new central bank digital currency (CBDC) experiment in collaboration with Switzerland-based cryptocurrency bank, SEBA.   Banque de France Partners with SEBA for CBDC Experiment  Banque de France made the announcement via a press release on Monday (June 21, 2021). дальше »

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Colorado Universities to Study Blockchain’s Usefulness for Water Management

Lawmakers in the U. S. state of Colorado have greenlighted a bill that seeks to empower Universities to study the potential use case of blockchain and other new technologies in water management, according to reports on June 20, 2021. дальше »

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China’s AgBank Vows to Crack Down on Cryptocurrency Transactions

According to a June 21 Reuters report, the Agriculture Bank of China (AgBank) has moved to clamp down on crypto transactions and mining activities. AgBank, which is China’s major banking institution, cited recent guidelines from China’s central bank as the reason for its ban on virtual currencies. дальше »

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ECB Executive: Digital Euro Better at Consumer Privacy than Other Stablecoins 

European Central Bank (ECB) executive, Fabio Panetta has argued that the creation of a digital euro would help the apex bank protect its monetary sovereignty against threats from competing cryptocurrencies, while also offering users better privacy protection, according to a Financial Times report on June 21, 2021. дальше »

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Sichuan Mining Farms Begin to Shut Down — Seven-Day Stats Show Bitcoin’s Hashrate Plummeting

The hashrate of the Bitcoin network has been steadily falling since June 14 and after Sichuan miners were told to prepare operation shutdowns. Sichuan is the second-densest province in China where most miners are located, according to data stemming from the University of Cambridge. дальше »

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Lights Go Off in Sichuan Bitcoin Mining Farms

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China also bans miners in hydropower -dominated Sichuan province

Southwestern Chinese province, Sichuan, has embarked on the present crackdown on crypto miners in China. According to the Chinese crypto media outlet, PANews, the province has identified 26 suspected mining projects it wants to screen and possibly shut down by June 20. дальше »

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CBDC: Chinese Residents Can Now Convert DCEP to Cash at ATM Points 

The Industrial and Commercial Bank of China (ICBC), has now made it possible for Chinese residents to easily exchange their DCEP, the nation’s digital renminbi for fiat yuan and vice versa, at thousands of automated teller machine (ATM) locations in the country, according to a report on June 18, 2021. дальше »

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Formula 1 Racing Company McLaren Joins the NFT Trend with Tezos (XTZ)

McLaren Racing has inked a partnership deal with the Tezos (XTZ) blockchain project in a bid to mint its super unique non-fungible tokens (NFTs) on the network. The team says the multi-year deal makes Tezos its official blockchain partner across Formula 1, INDYCAR, and esports, according to a press release on June 17, 2021. McLarenRead More дальше »

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ENGIE, Energy Web Access to Electrify Sub-Saharan Africa with DeFi 

ENGIE Energy Access and Energy Web have inked a partnership deal aimed at electrifying Sub-Saharan Africa with green solar energy. The team plans to create what it calls decentralized finance (DeFi) crowdfunding platform that will enable investors to provide microloans that will support renewable energy deployment, according to a press release on June 17, 2021.Read More дальше »

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Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report

According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region. дальше »

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Data shows Bitcoin is relatively ‘cheap’ at these prices, “best to buy” time for new investors

Dan Morehead, the CEO of Pantera, believes that Bitcoin is “cheap” when compared to the price trend over the last 11 years according to their June investor report. The post Data shows Bitcoin is relatively ‘cheap’ at these prices, “best to buy” time for new investors appeared first on CryptoSlate. дальше »

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World Bank Turns Down El Salvador’s Request to Help Execute Bitcoin Plans

The World Bank has said that it would not be able to assist the El Salvadoran government with its plans to officially make bitcoin the country’s second legal tender.  World Bank Not in Support of El Salvador’s Bitcoin Ambitions According to Reuters on Wednesday (June 16, 2021), the World Bank turned down El Salvador’s requestRead More дальше »

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R3, AFIN Partner to Enable Financial Institutions Explore CBDCs 

R3 and the ASEAN Financial Innovation Network (AFIN) have inked a strategic partnership deal aimed at developing a central bank digital currency (CBDCs) sandbox that would make it easier for fintech firms and traditional banks to create and test their CBDC payment solutions, according to a press release on June 15, 2021. Accelerating CBDC DevelopmentRead More дальше »

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Indonesia’s Central Bank Bans the Use of Crypto as Payment Method

The Bank of Indonesia (BI) has banned the use of cryptocurrency as a means of payment, stating that the payment method is not legitimate in the country.  Crypto as Payment Tool Not Legitimate in Indonesia According to Tempo on Tuesday (June 15, 2021), Perry Warjiyo, the governor of the Bank of Indonesia, stated that financialRead More дальше »

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Fox Entertainment Dives Deeper into the NFTs Ocean with $100M Fund 

Fox Entertainment and Bento Box Entertainment have announced the launch of a $100 million creator fund for their non-fungible tokens (NFTs) project. The teams say the NFT fund comes under their newly created business unit dubbed Blockchain Creative Labs, according to reports on June 15, 2021. дальше »

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Sotheby’s To Auction Off World Wide Web’s Source Code As NFT

Next week, Sir Tim Berners-Lee will auction an NFT of the original source code he used to create the World Wide Web. Sotheby’s To Auction Off WWW Source Code According to a Sotheby’s announcement on Tuesday, the auction house will begin accepting bids on the World Wide Web NFT on June 23. The NFT, dubbed […] дальше »

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Blockchain Learning Among the Top Online Courses Studied in India

In a bid to stay relevant in a world where technology is taking over, Indians have sought to empower themselves by taking online courses in blockchain and other related tech topics.  Indians Show Interest in Blockchain Technology According to The Hindu on Tuesday (June 15, 2021), a report by Coursera, an online learning platform, showedRead More дальше »

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Fantastec, Dapper Labs, Launch P2P NFT Marketplace for Soccer Fans 

Fantastec SWAP has inked a partnership deal with Dapper Labs to launch a peer-to-peer non-fungible token (NFT) marketplace that will put highly unique crypto-collectibles of leading football clubs including Real Madrid, Arsenal, and Borussia Dortmund on the Flow blockchain, according to a blog post on June 14, 2021. Giving Soccer Fans More  In a bidRead More дальше »

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Real Estate Company E11EVEN Co-founder Says Enthusiasm for Crypto Deposits “Astounding”

Miami-based real estate company E11EVEN Hotel and Residences said that it was the first in the industry to allow cryptocurrency deposits for its condominiums. E11EVEN Claims to Be a Trailblazer  According to Fox Business on Monday (June 14, 2021), the co-founder of the real estate company, Marc Roberts, said that there was an increased interestRead More дальше »

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