Category Archives: Cryptocurrency News

Visa will launch a program to help NFT creators

International bank card operator Visa has announced a partnership with NFT’s creator, artist Mika Johnson, to launch a new social project to help NFT creators. According to the company’s press release, the collaboration aims to create a learning project that will help NFT creators better understand the non-fungible token industry and teach them how to use various public blockchain networks to develop and sell their digital works. Visa will provide a link between the creators…

Coinbase proposed to create a separate agency to regulate cryptocurrencies

Cryptocurrency exchange Coinbase has proposed a new regulatory regime for the digital asset industry under the oversight of a single agency. Coinbase released a document called “Digital Asset Policy Proposal” urging Congress to create a new agency to oversee the cryptocurrency industry. Coinbase executives have expressed dissatisfaction with the “patchwork” of regulators that control cryptocurrencies. These include the Securities and Exchange Commission (SEC) and the United States Commodity Futures Trading Commission (CFTC). Coinbase believes that…

CleanSpark bought an additional 4,500 Antminer S19 for mined BTC

Against the backdrop of the growth of bitcoin, many mining companies prefer to keep the mined BTC. CleanSpark decided to use them to increase capacity for another 4500 ASIC miners. CleanSpark CEO Zach Bradford explained that CleanSpark is making a conscious effort to reinvest the additional bitcoin mined. To do this, the company takes a market-based approach to operations and maximizes value for its shareholders. “We are well aware that using bitcoin now to sustain…

Intel will not restrict cryptocurrency mining on new Arc GPUs

Intel’s decision differs from the policy of its competitor – the largest developer of GPUs Nvidia, which artificially limits the hashrate of its GPUs. The manufacturer of central processing units and other microchips Intel intends to supply new Arc video processors (GPUs) to the market from 2022. According to Roger Chandler, manager in charge of Intel client graphics products and solutions, Intel is not going to set limits on the mining of cryptocurrencies in the…

Binance launched a $ 1 billion fund to develop the Binance Smart Chain ecosystem

Binance Exchange announced the launch of a $ 1 billion fund to develop educational programs, develop new projects and increase the liquidity of DeFi services in the Binance Smart Chain ecosystem. The Binance blog states that the fund’s funds will be divided into four categories. The first category is aimed at developing talent, and a $ 100 million will be reserved for it. It includes training for newcomers taking their first steps in the world…

Blockchain.com Launches Bitcoin Margin Trading

The Blockchain.com cryptocurrency platform is expanding the functionality for trading bitcoin – now platform users will have access to BTC trading with five times the leverage. Users from 150 countries will have access to the new feature, but customers will need a “gold” verification status. Also, margin trading is not available for residents of the USA, Great Britain, Canada, Japan, Germany, Austria, Italy, France, the Netherlands and several other countries. “Since we launched the exchange…

FTX Crypto Exchange Won’t List NFTs Offering Royalties

FTX US trading platform president Brett Harrison warned that a platform that will host royalty-free NFTs could face regulatory harassment. On the eve of the launch of the NFT trading platform, the FTX US crypto exchange announced on its website that it would avoid projects offering royalties. “We will reject any NFT in the project collection that distributes or advertises royalty distribution to NFT holders.” FTX US President Brett Harrison explained that many NFT projects…

Compound developers will fix a bug with the distribution of rewards

The seven-day approval process for changes to the DeFi Compound protocol has ended with the community voted unanimously to activate a bug fix in the distribution of user rewards.The developers of the DeFi Compound Finance protocol have announced their acceptance of the 064 Fix COMP Accrual Bug proposal. This update will fix a bug introduced in Proposition 62.The proposal, put forward by the same community members who initiated the initial update, was unanimously accepted by…

Car For Coin started selling Tesla cars for bitcoins

Car For Coin Auction has launched a website to buy luxury cars – from Tesla to Lamborghini – with Bitcoin. The buyer can pay for the car with both cryptocurrency and fiat currency. “During the auction, bidders and sellers do not worry about cryptocurrency volatility. All bids and auction prices on the site are indicated in US dollars, as its price is stable compared to cryptocurrency, ”said Tom Hegedosh, founder of Car For Coin. If…

FTX removed a triple commission of $ 900 thousand for the return of the deposit

The FTX trading platform rated the assistance in returning money to a client who sent a deposit to an incorrect address at 15% of the amount, which is contrary to the company’s rules. The user mistakenly sent tokens in the amount of $ 6.3 million, the platform returned $ 5.4 million. The user is going to sue, because the exchange took an unreasonably high commission for their help. He sent the corresponding letter to the…