G20 countries will discuss crypto-regulation options
At the end of 2022, Indian authorities called on the G20 countries to increase cooperation in the sphere of cryptocurrency market regulation. As specified by Reuters, finance ministers and heads…
Circle plans to increase the number of employees by 25%
Many cryptocurrency companies faced financial problems and had to lay off some employees to cut costs. And the layoffs may continue this year as well. However, USD Coin (USDC) Stablecoin…
Coinbase’s revenues more than quadrupled in a year
2022 was a difficult year for Coinbase, as well as for many other cryptocurrency companies. In January, the U.S. exchange announced staff reductions of another 20%. On February 21 Coinbase…
The activity of traders increased to the highest level in 2023
The rise in bitcoin (BTC) to its highest values since the summer of 2022 was observed against the background of the activation of traders in the spot market. The average…
Capitalization of Binance USD decreased by almost $3 billion in a week
Paxos’ decision to stop issuing Binance USD (BUSD) had a negative impact on the investment attractiveness of this stabelcoin. Traders began to withdraw capital from this digital asset en masse….
Media: China supports Hong Kong’s initiative to create a cryptohub
Chinese authorities tacitly support Hong Kong’s initiative to create a blockchain industry development center in the metropolitan area. As Bloomberg specifies, citing its sources, cryptocompanies, which were forced to leave…
Investments in the UK fintech sector fell by almost 60%
In 2022, investment in the UK blockchain and fintech industry fell by almost 50%. As clarified by Bloomberg, citing a report by KPMG, the amount of capital investment in the…
Bitcoin again surpassed Visa by capitalization
Bitcoin’s capitalization rose to $480 billion in February. The largest digital currency surpassed the Visa payment system, which has a market value of just over $469 billion. BTC periodically turns…
FTX crash provoked a surge in trading on cryptocurrencies
In 2022, the blockchain industry found itself in severe crisis several times. The biggest shocks were the collapse of the Terra ecosystem and the bankruptcy of the FTX exchange, according…
Binance launched a debit cryptocurrency card for Brazilian users
In January, the exchange Binance announced its intention to release a cryptocurrency card for users from Brazil in the very near future. The Binance Card has been undergoing testing for…