Cryptocurrency

Barry Silbert steps down as head of Grayscale Investments

Grayscale Investments, which manages over $ 25 billion worth of cryptocurrency funds, announced a change in leadership. The new CEO of the company was Michael Sonnenschein, who served as Managing Director. Grayscale Investments names @Sonnenshein CEOhttps: //t.co/kuT06jRe8O – Grayscale (@Grayscale) January 7, 2021 He succeeds Grayscale founder Barry Silbert, who will continue as CEO of…
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Cryptocurrency

Crypto exchanges are overwhelmed by new Bitcoin rally

The largest cryptocurrency exchanges faced technical difficulties during the next bitcoin run. The software of platforms such as Coinbase, Binance, Kraken and Gemini turned out to be overloaded. The troubles began after BTC surpassed $ 40,000. The Coinbase trading system experienced the biggest difficulties. The day before, users of social networks began to massively complain about the sharp…
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Cryptocurrency

Bitcoin price managed to overcome the $ 40,000 mark

The price of bitcoin on Thursday for the first time exceeded the psychologically significant level of $ 40,000, adding more than $ 5,000 in 24 hours. The growth per day was 13%, taking into account which the increase over the last month already exceeds 100%, and since the beginning of the year – 40%. Compared to the lows during the collapse in March 2020, the price has increased more than…
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Cryptocurrency

Stellar made it to the top ten CoinMarketCap

Altcoin Stellar (XLM) performed very well this week. The coin has steadily risen in price over the past few days and was able to break into the top ten cryptocurrencies according to the CoinMarketCap website. Now XLM is in ninth place in the rating with a capitalization of…
Cryptocurrency

Abkhazian authorities fear another surge in underground mining

Despite the measures taken by the authorities of Abkhazia, there are still risks of a new surge in underground mining in the republic. The load on the network remains high, which causes concern among power engineers, Sputnik reports. The general director of the Chernomorenergo company Mikhail Logua said that at any moment the load could increase even more. This can lead to a disruption in the…
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