The administration of US President Joe Biden proposed obligatory data collecting on foreign crypto investors operating in the United States in order to prevent tax evasion.
Canaan shares rose in price by 10% after reporting multiple growth in revenue in the first quarter of 2021, driven by an increase in bitcoin mining. Overseas markets drove the growth.
KickToken (KICK) becomes a hyper-deflationary DeFi protocol, destroys 99.9% of all its emissions, and starts staking the KICK token
1th June, 2021 — In honor of its first birthday, the KickEX cryptocurrency exchange announces several important events and changes aimed at the benefit of current and future holders of the KICK token.
The amount of ETH on the Ethereum 2.0 deposit smart contract, launched at the end of 2020, exceeded 5 million. At the current exchange rate, this is more than $13 billion.
June 03, 2021 – The Gauntlet eSport gaming client, which will allow users to play their favorite games, interact with a variety of other features and receive rewards in cryptocurrency, announces the launch of an open funding round.
In Russia, a group of persons, who introduced themselves as police officers, confiscated computing equipment from a resident of the Russian region of Chelyabinsk. They were fraudsters.
Gazprom Neft published a press release about its Smart Fuel blockchain platform in the form of a NFT token. This is the first time a press release is issued as a non-fungible token.
Iranian President announced a ban on cryptocurrency mining until the fall. The decision is due to the increased frequency of overloading of power grids.
The market opens up new development paths and blockchain opportunities. Unfortunately, many projects turn out to be scams where good ideas and technologies are buried.
Stablecoins reached a market cap of $100 billion for the first time in history. USDT remains the most popular stablecoin, accounting for over 60% of the market.
The chairman of the Russian Central Bank said that the regulator sees high demand among commercial banks for the digital form of the ruble due to lower prices for banking operations and the ability to track transactions.
Greenpeace, an international non-governmental environmental organization, decided to stop accepting donations in bitcoins due to the fact that the energy-intensive mining process threatens the environment.
Chinese regulators suddenly tightened restrictions for financial institutions dealing with cryptocurrencies. The bitcoin rate dropped to multi-month lows.
Nvidia is expanding its line of graphics cards with built-in computing power limits when used for mining. New video cards will be labeled with Lite Hash Rate or LHR identifiers.
2021 has already become a year of institutional investors arrival to the cryptocurrency market. Wall Street players saw digital assets as another tool for diversifying their investment portfolios. However, it is not only the world of big money that welcomes digital assets.
Ethereum co-founder Vitalik Buterin sent SHIBA INU meme cryptocurrency tokens worth $6.7 billion to a burn address. SHIB owners now accuse Buterin of the token price collapse.