Topic

Blockchain

A collection of 17 issues

"Cryptocurrency is less stable than the marijuana market" - U.S. Senator

The U.S. Senate Finance Committee held another hearing in which Senator Michal Bennett criticized those banks that operate in this area. The politician also openly expressed his dislike for the entire digital asset industry. "Signature collapsed last weekend. One-fifth of its deposits came from cryptocurrency companies. They (banks) aren't

U.S. transferred bitcoins confiscated from Silk Road hacker

The U.S. government transferred about 50,000 BTC (over $1 billion) seized from the Silk Road hacker to the Coinbase cryptocurrency exchange and unknown wallets. It was reported by PeckShield. Recall that Silk Road was one of the most successful "black" platforms at the beginning of bitcoin's development in

Bitcoin NFT market to grow to $4.5 billion by 2025

Galaxy has published a report titled "Bitcoin Inscriptions & Ordinals." In it, the company states that the bitcoin-based NFT market will reach a capitalization of $4.5 billion by 2025. In a "bearish" scenario, the value will be much more modest - $1.5 billion, in a "bullish" scenario -

There is one "whale" behind the manipulation of the BTC price: the opinion of a finance professor

Professor John Griffin noticed back in 2017 that the price of bitcoin appeared to be backed by one "whale", and now he is seeing similar "red flags", Business Insider writes. The economics professor at the McComb School of Business at the University of Texas believes something fishy is happening in

Moody's to create a scoring system for Stablecoin

Ratings agency Moody's is developing a scoring system for "stable coins". It will be based on an assessment of the quality of collateral reports. The initiative is at an early stage of creation. Analysts intend to calculate scores for 20 Stablecoins. Assigning a rating in the usual sense of the

Binance has integrated payments through Google Pay and Apple Pay

Cryptocurrency exchange Binance has added the ability to buy cryptocurrencies through Google Pay and Apple Pay services. Thanks to this, iOS and Android owners will be able to top up their fiat deposits using these tools.

Nexo and Mastercard launch "world's first (companies claim) cryptocurrency-enabled card"

Cryptocurrency lender Nexo said it has teamed up with global payments company Mastercard to launch a cryptocurrency credit card. The card will initially be available in several European countries. The new credit card allows users to spend their digital assets to buy goods. The tokens are provided by Nexo as

Bitcoin could become the reserve currency of a new era

Terraform, which plans to buy $10 billion worth of bitcoins to support TerraUSD, has started it. According to a Terraform spokesman, steibcoin, backed by bitcoin reserves, "will usher in a new monetary era of the bitcoin standard.

Bitcoin fell more than 5% below $40,000

From a peak above $48,000 in late March, bitcoin and other tokens have fallen due to fears of tighter monetary policy. Even last week's Bitcoin 2022 conference in Miami wasn't enough to reverse the trend. Teong Hng, executive director of Hong Kong-based Satori Research, believes that it is forecasts

Robinhood will soon add the ability to make bitcoin transactions on the Lightning Network

The Lightning Network is a necessary upgrade for the largest currency by capitalization. The bitcoin network initially expects to process 7 transactions per second, the LN has the potential for 1 billion transactions per second. Some wallets, such as Blue Wallet, have been using this payment protocol for a long