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Mandy Op.

Mandy Op.

The Central Bank of Ireland called BTC "lotteries"

The Central Bank of Ireland called BTC "lotteries"

The Central Bank of Ireland commented on the recent MiCA bill. They issued a press release on their website from Gabriel McLough, the head of the agency. He believes Bitcoin is a Ponzi scheme and a lottery, not an investment. "Such a purchase can be like buying a lottery

Digital Asset unveiled a blockchain ecosystem for institutional clients

Digital Asset unveiled a blockchain ecosystem for institutional clients

Fintech firm Digital Asset has launched a global interoperable blockchain network designed to provide a decentralized infrastructure for the needs of institutional clients. The initiative has attracted some major "players," including Microsoft, Goldman Sachs, BNP Paribas and Deloitte.

Capitalization of BRC-20 tokens approached the $1 billion mark

Capitalization of BRC-20 tokens approached the $1 billion mark

The total capitalization of tokens based on the BRC-20 standard has almost reached the $1 billion mark. Their number has already exceeded 14,079 tokens. Recently, the capitalization of BRC-20 increased by 800% in just seven days, from $17.5 million to $143.14 million. Then the total number of

Binance suspended BTC withdrawals twice in 24 hours due to network congestion

Binance suspended BTC withdrawals twice in 24 hours due to network congestion

Binance announced that it stopped BTC withdrawals due to large amount of unfinished transactions. It was the second case in 24 hours. Prior to that, the exchange froze withdrawals on Sunday for two hours. Now the withdrawal of the first cryptocurrency works in the previous mode, writes Binance. To mitigate

WSB Coin team member collapses token price by 90%

WSB Coin team member collapses token price by 90%

On-chain analyst ZachXBT reported on the collapse of WSB Coin's price. A team member under the nickname ZJZ.eth, who ran the moderation bots of the notorious WallStreetBets community, suddenly sold off most of the tokens, amounting to $635k (334 ETH). As a result, WSB's price

Citigroup downgraded Coinbase amid problems with authorities

Citigroup downgraded Coinbase amid problems with authorities

Citigroup analyst Peter Christiansen has published a report on cryptocurrency exchange Coinbase. Although the platform remains "one of the leaders in the industry", its rating has been downgraded to "neutral". In addition, the agency set a new target price for Coinbase shares at $65 instead of

Bhutan secretly uses hydropower to mine bitcoin

Bhutan secretly uses hydropower to mine bitcoin

Bhutan's state-owned company Druk Holding & Investments has been secretly mining bitcoins since 2019, when BTC was worth about $5000. Apart from that, the holding company also mined Ethereum. The country mines the lion's share of BTC through green mining.

NEAR launches blockchain OS

NEAR launches blockchain OS

The NEAR Protocol team has announced that NEAR's Blockchain Operating System (BOS) is now available on the official near.org website. The company calls BOS an alternative to centralised operating systems that has a seamless Web2-style adaptation and intuitive search for Web3. The OS also allows developers to

JPMorgan buys troubled First Republic Bank

JPMorgan buys troubled First Republic Bank

The FDIC regulator has accepted JPM's takeover bid for the bank. The giant is taking over all of FRB's deposits, which total about $103.9 billion. First Republic Bank's 84 physical branches in eight states will reopen today as branches of JPMorgan. All other

US confiscates bitcoins from local Satanists

US confiscates bitcoins from local Satanists

A US district court has sentenced the founder of the Reformed Church of Satan, Aria DiMezzo, to one and a half years in prison. The woman was involved in the illegal exchange of fiat currencies for bitcoin from June 2020 to January 2021. Aria received 18 months behind bars, a