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Crypto News
Putin Modifies Law to Expand Russia’s Ban on Crypto Payments
Thursday, Russian President Vladimir Putin signed a measure expanding the country's prohibition on cryptocurrency payments to include other token kinds.
Anatoly Aksakov, a member of the…
JPMorgan Analysts Are Worried About the Lower Cost of Bitcoin Mining
JPMorgan analysts led by Nikolaos Panigirtzoglou are worried that the cost of creating one Bitcoin ($BTC) has fallen from approximately $24,000 at the beginning of June to under $13,000,…
Circle reveals the whole breakdown of its $55.7B USDC reserves
75.6 percent of Circle's reserves were invested in U.S. Treasuries as of the 30th of June, while 24.4% were maintained in cash at regulated financial institutions.
Circle has revealed a…
The Shanghai Government Encourages the Exploration and Development of NFT Trading Platforms
The administration of Shanghai views NFTs as a way to defend intellectual property and digital rights.
Shanghai's administration has abandoned China's opposition to digital assets such…
Solana accused of being ‘centralized’ ‘security ’
The network’s creator, founder, and partners are accused of benefitting from the sale of unregistered security.
Layer-1 blockchain Solana (SOL) is confronted with a class-action lawsuit…
CryptoPunk sells for $2.6 million as the floor prices of major NFT brands rise
Despite the enormous decline in the NFT market, CryptoPunk 4464's price of $2.6 million indicates that top NFT projects are still attracting significant interest.
Despite a significant…
DeFi researcher said that Ethereum Merge will not cut gas costs
Many users have migrated to other L1 blockchains, such as Solana, Cardano, and others, due to Ethereum's expensive gas prices.
DeFi trader Vivek Raman stated in a Twitter conversation…
Korean fintech giant Dunamu will invest $380 million and create 10,000 Web3 jobs
Despite the current bear market, Dunamu announced plans to invest roughly $400 million in the cryptocurrency industry and create thousands of jobs.
Dunamu, the business behind South…
Brave Browser Now Supports Solana dApps
Brave, a web browser dedicated to cryptocurrencies has enabled support for Solana-based decentralised apps in version 1.41 according to a Tuesday statement.
The most recent integration…
Sri Lanka’s central bank says crypto remains banned despite the economic crisis
In the midst of the continuing financial instability in Sri Lanka, which has caused the government to run out of currency, cryptocurrencies have been proposed as a potential means of…