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Latest Blockchain and Crypto News



Monero

Monero address activity has skyrocketed

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Twitter users have noticed a sharp increase in addresses on the Monero network (XMR). According to BitinfoCharts, the number of daily transactions on December 7 exceeded 22,000. This is the highest figure in the entire history of the blockchain. For 12 months, the transaction activity of Monero...

Adam Back

Adam Back suggests replacing satoshi with bits

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Blockstream CEO Adam Back believes bitcoin users are better off using "bits" instead of "satoshi" when making day-to-day transactions. Satoshi is the smallest and most indivisible unit of the value of bitcoin. One bitcoin is divided into 100 million satoshi. According to Beck,...

Cardano

Cardano strengthens its position ahead of the Goguen fork

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A software update for the Cardano Network (ADA) is scheduled for mid-December 2020. On the eve of the Goguen fork, the price of this altcoin is rising moderately. The coin has already risen to eighth place in the ranking of the largest cryptocurrencies. The ADA rate on Monday, December 7, rose to $...

Interest in Ether is growing 07.12.2020

Interest in Ether is Growing, Grayscale Informs

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The managing director at Grayscale Investments LLC, Michael Sonnenshein informed that a growing number of people are paying attention to Ethereum. This year, a new group of institutional investors who are Ethereum-first and sometimes Ethereum-only joined in. This shows that people started to trust...

2 new devnets for Cordano

IOHK Presents Two New Smart Contracts for Cordano

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Blockchain engineering organization IOHK introduces 2 smart contract developer environments (devnets) for Cardano, termed KEVM and IELE. KEVM will let developers deploy Ethereum-powered apps on Cordano, while IELE allows building apps for Cardano in any computer language. Cardano is a crypto asset...

MicroStrategy buys 50M worth of bitcoin

MicroStrategy Buys Another $50 M Worth of BTC

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Nasdaq-listed business analytics and mobility platform MicroStrategy got 2574 bitcoins for $50 million. This makes 40,824 BTC, for a total of about half a billion dollars in crypto assets in MicroStrategy's portfolio. The CEO of MicroStrategy Michael Saylor confirmed the news on his social...

1 million ETH received for ETh2.0

More Than 1 Million Eth Locked up in ETH2

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After 4 days the beacon chain has launched, Eth2.0 keeps attracting deposits. The contract has received over 1 million ETH worth above $605 M. The stakers will get rewards in the future when staked amounts will be available for withdrawals. The closing day of the contract isn't defined yet. Rewards...

ETH 2.0 to launch

Ethereum Price Keeps Growing due to ETH 2.0 Launch

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Ethereum 2.0 has released today, on December 1st. A huge amount of Ethereum has already been staked for its deposit contract as a component of the innovative proof-of-stake network. The latest data reveals that over $529 M of Ether has already been deposited. The opening move of Ethereum 2.0—the...

Twitter

Positive Bitcoin tweets hit six-month high

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The number of positive posts about Bitcoin has skyrocketed on Twitter. Even the recent drop in the value of the largest digital currency could not provoke a surge of negative emotions among users of the social network. The number of positive reviews for BTC has reached its highest level in the past...

Mark Yusko

Morgan Creek CEO highlights one of the barriers to BTC

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According to Morgan Creek CEO Mark Yusko, traditional institutions are trying in every possible way to slow down the adoption of bitcoin. The businessman expressed his position on Twitter and noted that opposition from such institutions is one of the main problems for the largest digital currency...

Dafabet using COTI's technology

COTI Network Works with Dafabet

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The leading online gambling company Dafabet builds a partnership with COTI in order to optimize digital currency implementation. This is important news for COTI as the platform seeks to develop its network for crypto transfers and in these terms, its interests coincide with the gaming industry,...

Pizza Hut enables BTC payments in Venezuela

Pizza Hut enables BTC payments in Venezuela

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On Nov 27, 2020, Pizza Hut announced that customers can pay for their services with digital currency. Never before had the popular pizza place accepted any kind of cryptocurrency. This became possible due to a collaboration with the Latin American crypto trading platform, Crypto Buyer. The company...

Regulation

International crypto regulation standards may appear in 2021

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By the end of 2021, the Organization for Economic Cooperation and Development (OECD) may approve cryptocurrency regulation standards. Pascal Saint-Amans, head of the Center for Tax Policy and Administration of the international organization, told about this to journalists. He noted that the...

Bitcoin

Cypherpunk ditches Ether and Monero in favor of Bitcoin

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Another financial giant reported an increase in investment in bitcoin. Canadian investment firm Cypherpunk announced last Thursday that it had purchased 72,979 BTC since June 30, 2020. The increase in Bitcoin reserves was the result of the liquidation of the company's assets in Ether (ETH) and...

IOTA AND RESEARCH LABORATORY

IOTA Cooperates with Pantos for R&D Lab

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IOTA builds a partnership with Pantos to develop blockchain and distributed ledger technology within the framework of a new research institution aimed to innovate the two structures. On November 26, authorities informed that the multi-blockchain asset protocol Pantos and IOTA, along with...

Libra plans to launch in January

Libra Plans to Launch in January

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Facebook-proposed Libra stablecoin is expected to release in January. As the Financial Times reported, after over a year's examination from international financial supervisors, Libra will launch in the form of a U.S. dollar-backed cryptocurrency. The publication cites three people who took part in...

Ethereum

Ethereum fees began to rise again due to network congestion

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Ethereum transaction processing fees began to rise again at the end of this week. That is due to a surge in blockchain user activity, which caused its overload. According to the BitinfoCharts service, the number of transactions in the network jumped to 1.2 million per day. Earlier, a similar trend...

OKEx

Cryptocurrency outflow on OKEx exceeded $ 110 million

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Cryptocurrency exchange OKEx recorded an outflow of more than $ 110M worth of cryptocurrencies within a few hours after resuming the withdrawal function. According to analyst company CryptoQuant, 2,822 BTC was withdrawn 15 minutes after withdrawals were resumed on November 26. According to...

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