Russians hold 12% of all cryptocurrency assets in the world
According to a new report on the condition of the cryptocurrency industry in Russia, Russians currently own digital assets worth $215 billion, accounting for 12% of…
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Cardano will increase the block size by 11% to improve network efficiency
The research and development company behind the Cardano blockchain, Input Output Hong Kong (IOHK), has announced that the network's block size will be increased by…
Grayscale and Bloomberg Launch First Equity Crypto ETF
Grayscale Investments, the world's largest digital asset manager, has launched its first exchange-traded fund (ETF). It will be known as the Grayscale Future of…
El Salvador said “no” to the IMF. Bitcoin will remain legal tender in the…
El Salvador has rejected the International Monetary Fund's (IMF) advice to abandon bitcoin as a form of payment. "No foreign organization would force us to do…
India imposed heavy taxes on cryptocurrencies
India's financial year 2022 budget will include a "cryptocurrency tax." Nirmala Sitharaman, the Finance Minister, has proposed a 30% tax on all income from digital…
MicroStrategy added 660 BTC to its holdings
MicroStrategy, a NASDAQ-listed business analytics company, has indicated that it will continue to purchase bitcoins regardless of market conditions. The company's…
Senator Cynthia Lummis expresses concern over the 2022 America Competes Act
Senator Cynthia Lummis argues that the "America Competes Act of 2022," which was recently presented, directly attacks the cryptocurrency industry. "I will not stand…
Silvergate Capital Corporation acquired Diem for $182 million
The Diem project, which was backed by Meta (previously Facebook), sold its intellectual property and assets to cryptocurrency bank Silvergate Capital Corporation.…
After sending WETH to contract, a Reddit user lost $500,000
One thing that any cryptocurrency trader should keep in mind is that you are your own bank. A member of the Reddit community discovered it, and he claims that a…
Over 300 banks will offer cryptocurrency to their customers in the US
In response to strong customer demand, an estimated 300 banks in the United States will begin offering cryptocurrency trading via mobile apps.According to…