Kraken plans to obtain a license to work in the EU in 2021

Cryptocurrency NewsBy 26/08/2021

The American cryptocurrency exchange Kraken plans to enter the European market by the end of 2021 and is working on obtaining a license to operate in the EU countries. According to Kraken CEO Jesse Powell, the exchange plans to obtain a license from EU regulators and is in separate negotiations with regulators in Malta, Luxembourg and Ireland, which are among Kraken’s priority markets. Powell clarified that the company has yet to make a decision on…

CNBC: One in 10 Americans Invests in Cryptocurrencies

Cryptocurrency NewsBy 26/08/2021

According to a survey by CNBC and Momentive, about 11% of US citizens invest in cryptocurrencies, mostly people under 35. The older generation considers investing in cryptoassets risky. CNBC and Momentive surveyed 5,530 Americans. It turned out that more men than women invest in cryptocurrencies (16% versus 7%), regardless of race and ethnic group. Crypto-assets are popular among young and middle-aged people: from 18 to 34 years old (15%), from 35 to 64 years old…

Alonzo hard fork: all about Cardano update with smart contract support

Cryptocurrency NewsBy 25/08/2021

The Cardano Alonzo update brings the network closer to realizing its full capabilities. What is the essence of the update and what stages is it divided into? The Alonzo hard fork is a major update to the Cardano network, which will activate the long-awaited smart contract feature. After the upgrade, any user will be able to create their own smart contracts on the Cardano blockchain. This opens up opportunities for the creation of decentralized applications…

ACCC: in the first half of the year, investors lost 44% more from BTC fraud than in the entire 2020

Cryptocurrency NewsBy 25/08/2021

According to the Australian regulator, in the first half of 2021, investor losses from bitcoin fraud reached 25.7 million AUD, compared to 17.8 million AUD for the entire 2020. The Australian Competition and Consumer Protection Commission (ACCC) reported that in the first half of 2021, local residents lost more than 70 million Australian dollars on investments in various pyramids, as well as in fraudulent investment and cryptocurrency projects. This figure significantly exceeds the figures for…

Deloitte survey: “crypto assets will become an alternative to fiat currencies within 10 years”

Cryptocurrency NewsBy 23/08/2021

According to research by Deloitte, blockchain and cryptocurrencies have great potential in business, but there are obstacles to their adoption. Deloitte’s annual global survey of blockchain and cryptocurrencies among financial professionals showed that 76% of respondents believe that digital assets “will become a strong alternative or complete replacement for fiat currencies in the next 5-10 years.” Deloitte is one of the “big four” consulting firms, along with KPMG, EY and PwC. The company has been…

Visa payment system bought collectible NFT CryptoPunks

Cryptocurrency NewsBy 23/08/2021

The operator of international bank cards Visa announced on Monday the purchase of its own collection of “commercial artifacts” NFT CryptoPunks. VISA has an extensive collection of art and antiques related to commerce, including the early paper credit cards and devices that merchants used to record credit card transactions before the advent of electronic point-of-sale terminals. Visa last week bought CryptoPunks Collectible Token # 7610, one of 3,840 female punks, for approximately $ 150,000. CryptoPunks…

AFEN African project launched NFT trading platform

Cryptocurrency NewsBy 23/08/2021

The AFEN project has launched the AFEN NFT marketplace, which will allow African artists to tokenize their artwork and sell them as collectible tokens (NFT). Africa is becoming more and more open to the idea of using digital assets in the economy. Statistics, trends and analysis from industry experts indicate that the African continent is a global market with little or no potential. AFEN is the first government-backed NFT platform. Its goal is a “digital…

Charitable organizations collect cryptocurrency donations to help refugees from Afghanistan

Cryptocurrency NewsBy 23/08/2021

Nonprofit charities have begun accepting cryptocurrency donations to help the thousands of Afghan refugees who fled the country following the Taliban onslaught. New York-based nonprofit Hearts & Homes for Refugees is collecting donations to help the roughly 20,000 Afghans still in the country awaiting special immigration visas. The organization hopes to raise enough funds to relocate Afghan families to Westchester County and accepts donations through the Giving Block service in cryptoassets BTC, ETH, BCH, LTC,…

Sales of Nvidia CMP chips for the second quarter fell short of forecasts for $ 134 million

Cryptocurrency NewsBy 20/08/2021

Q2 sales of CMP mining chips fell short of Nvidia’s forecasts. Instead of the planned revenue of $ 400 million, the company earned only $ 266 million on chips. In the middle of last quarter, the world’s largest GPU manufacturer Nvidia predicted that in the second quarter the company’s profit from the production of special chips for cryptocurrency mining will reach $ 400 million. However, according to the income statement, during the period, chips for…

Central Bank of Thailand suggests ways to reduce risks of digital baht

Cryptocurrency NewsBy 20/08/2021

Analysts at the Central Bank of Thailand (BoT) have proposed three ways to avoid the negative impact of the release of retail government digital currency on the country’s financial sector. Along with many other central banks, the Bank of Thailand is also exploring the possibility of issuing a digital currency and plans to start testing it as early as next year. In a recent study, BoT has focused on retail digital currencies that will be…

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