Category: Blockchain

EU policymakers have proposed changes to EU rules to compel firms that transfer Bitcoin and other cryptocurrencies to collect details of the sender and the recipient. The European Commission made such an announcement on Tuesday, July 20. The proposal would make cryptocurrencies more traceable, which would assist in preventing terrorism financing and money laundering. The European

US Treasury Secretary Janet Yellen told regulators that the US government must move quickly to create and adopt a regulatory framework for stablecoins, a rapidly growing asset of digital currencies. On Monday, July 19, Yellen has met with the President’s Working Group (PWG) members on financial markets and top regulators in the financial industry to discuss

Ever since Bitcoin (BTC) nosedived from an all-time high (ATH) price of $64.8K recorded in mid-April, 6.2 million coins are being held at a loss, representing 33% of supply.  Market analyst Lark Davis explained:  “According to Glassnode, an incredible 6.2 million Bitcoins are sitting in a position of unrealized losses right now.” Unrealized

The clean energy encrypted mining and semiconductor exchange-traded fund (ETF), created by a registered investment advisor and emerging fund manager Viridi, was officially traded on the New York Stock Exchange on July 20 under the code name RIGZ. This is the first active management ETF focusing on clean energy encryption mining and the mining infrastructure industry

The well-known NFT trading platform giant OpenSea announced the completion of a $100 million Series B financing and officially joined the crypto unicorn track. Reportedly, the financing was led by venture capital firm Andreessen Horowitz (a16z). Other investors include hedge funds and private equity firm Coatue, former Disney president Michael Ovitz, Co-Founder and Chairman of

Payment giant Mastercard announced Tuesday to enhance its function and experiment for cryptocurrency wallets and exchanges to their clients. The card issuer cooperates with multiple crypto enterprises to make conversion of crypto and traditional fiat money easier. In a statement, Mastercard reveals its ambition of enhancement to the existing crypto card program with multiple partners.

The famous American cryptocurrency exchange giant FTX.COM announced the completion of a $900 million Series B financing dedicated to expanding FTX’s international influence, expanding the company’s business, and aiming at becoming the top exchange worldwide within two years. The financing amount is as high as $900 million, one of the biggest financings of a cryptocurrency

Grayscale Investments LLC announced Monday to launch its 15th investment product, a DeFi fund and index, which focuses on decentralised finance (DeFi) tokens. Michael Sonnenshein, the CEO of Grayscale crypto asset management firm, talked about the development and said that the company had begun a fund that targets DeFi tokens like Aave and Uniswap for

Ethereum layer 2 scaling solution Polygon today announced launching a new division of Polygon Studios on Tuesday, July 20, which will focus on blockchain games and non-fungible tokens (NFT). The new studio, Polygon Studios, is divided into two projects: Polygon Gaming Studio and a marketing integrated platform; the former project focuses on providing developers and game creators

Bitcoin fell below the $30,000 support level for the first time in four weeks. Attributed to the lack of institutional demand for Bitcoin and the large-scale sell-off of the safe-haven Bitcoin caused by the epidemic, the downward trend may be further exacerbated. Bitcoin has dropped 5.78% during the last 24 hours and has decreased by