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27.04.2024

The developers of Phoenix Wallet and Wasabi Wallet announced the cessation of work in the USA

Cryptocurrency wallets Phoenix Wallet and Wasabi Wallet are leaving the US market due to tightening regulation. Authorities may equate non-custodial wallets with financial services. Users were given time to withdraw funds.

25.04.2024

Binance at risk of losing users in the Philippines

The Philippine Securities and Exchange Commission (SEC) is demanding that Google and Apple remove the mobile application of the cryptocurrency exchange Binance due to its lack of a license and the offering of unregistered securities. Find out how this may affect Binance's Filipino users.

21.04.2024

Fourth Bitcoin halving: record prices

On April 20, 2024, the fourth Bitcoin halving took place, resulting in a 50% reduction in the reward for mining new blocks. For the first time in history, the price of BTC reached a record high of $73,000 even before the halving, driven by high demand from American exchange-traded funds (ETFs). Find out how the halving affects the cryptocurrency market and what makes the 2024 halving unique.

20.04.2024

Kraken acquires TradeStation Crypto to strengthen its position in the US market

Crypto exchange Kraken has acquired broker TradeStation Crypto to expand its presence in the US. The deal opens up new opportunities for growth and launching innovative products, despite regulatory challenges in the industry.

14.04.2024

Bitcoin shows record price fluctuations in April

According to Kaiko data, Bitcoin (BTC) reached its highest volatility since November 2022 in April, strengthening to $70,711. Despite fluctuations and sell-offs, support from large market players helped BTC surpass the $70,000 mark. The SOPR index indicates the profitability of Bitcoin sell transactions, but some analysts do not rule out a market decline after the halving.

13.04.2024

Matrixport predicts $25 billion inflow into Bitcoin ETF

Matrixport analysts predict that demand for Bitcoin ETFs in Hong Kong from Chinese investors could reach $25 billion. The weakening yuan and the Southbound Stock Connect program are stimulating interest in cryptocurrencies as a way to diversify assets. The launch of a Bitcoin ETF will provide legal access to cryptocurrencies for qualified investors from China.

07.04.2024

1inch releases Web3 debit card

1inch aggregator, in partnership with Mastercard and Crypto Life, launches the 1inch Card debit crypto card. The card will allow users to pay for purchases and withdraw cash by converting crypto assets into fiat. Available in the UK and EEA countries.

06.04.2024

PayPal will introduce a stablecoin for international transactions

PayPal launches stablecoin PYUSD for commission-free international transfers via Xoom service. Although the scale of adoption is currently limited, this move signifies important progress in the acceptance of stablecoins and their integration into traditional financial systems.

31.03.2024

Tether will undergo an independent security audit

Tether has successfully passed the SOC 2 Type I audit, confirming a high level of data protection and information security. The company plans to undergo annual audits and obtain the SOC 2 Type II certification by 2025 to ensure transparency and accountability to USDT stablecoin users.

29.03.2024

Tether invested $627 million in Bitcoin

Tether, the issuer of the largest stablecoin USDT, continues to strategically invest in Bitcoin. Tether acquired nearly 8,889 BTC worth $627 million in March and around $2.8 billion in January, increasing its BTC reserves to $7.5 billion. The company plans to allocate up to 15% of its profits to purchase Bitcoin on a monthly basis, aiming to become one of the largest BTC holders in the crypto industry.