Cryptocurrency

Several crypto services reported crashes after Berlin hardfork on Ethereum

Alen Woid
By
April 15, 2021
On April 15, a hard fork of Berlin took place on the Ethereum network, which caused the failure of several cryptocurrency services due to synchronization problems with the OpenEthereum client (formerly Parity). Popular blockchain explorer Etherscan, crypto exchange Coinbase and Ledger wallet reported outages. According to Etherscan, the OpenEthereum developers are working to fix the issue.
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Cryptocurrency

What is the purpose of burning tokens?

Alen Woid
By
April 15, 2021
In the field of cryptocurrencies, there is such a thing as token burning. The creators of digital coins destroy some of the emission in order to limit the supply, thereby increasing the value of the asset. All operations for burning coins are recorded in the blockchain as…
Cryptocurrency

ECB publishes expert commentary on digital euro

Alen Woid
By
April 15, 2021
Last Wednesday, the European Central Bank provided the public with over 8,200 comments related to the digital currency development (CBDC). Almost half of the messages were addressed to the regulator by German experts. Next on the list are analysts from Italy and France…
Cryptocurrency

Ethereum network crashed after hard fork

Alen Woid
By
April 15, 2021
The Ethereum network crashed this Thursday. Earlier today, Ethereum went through a planned upgrade called Berlin via a hard fork. Initially, users began to pay attention to the lack of new blocks in the popular Etherscan blockchain explorer. According to the information displayed on the website, the last block, number 12244294, was added at 14:05 Moscow time. As it turned out, the Ethereum…
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Cryptocurrency

Glassnode: Hodlers keep holding their bitcoins

Alen Woid
By
April 15, 2021
BTC holders adhering to the HODL strategy still do not sell their coins, despite the historical high of the bitcoin price, which indicates the further potential of the current bull market. Bitcoin users with a preference for the long-term investment strategy (HODL) continue…
Cryptocurrency

US Tax: NFTs Can Be A Tax Evasion Option

Alen Woid
By
April 15, 2021
New crypto products like non-fungible tokens (NFT) are actively used for tax evasion. At least this opinion was expressed by the head of the US Internal Revenue Service (IRS) Charles Rettig at the Senate hearings. According to him, the IRS loses up to $ 1 trillion in taxes…
Cryptocurrency

ARK Invest bought shares of Coinbase for $ 246 million

Alen Woid
By
April 15, 2021
The investment company ARK Investment Management acquired 749.2 thousand shares of the Coinbase cryptocurrency exchange for $ 246 million after their listing on the NASDAQ stock market, writes RBC Crypto with reference to Bloomberg. According to the publication, the securities were divided into three ETFs, which are managed by the company. The ARK Innovation ETF received 512,500 shares, the ARK…
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Cryptocurrency

Ether is close to $ 2500

Alen Woid
By
April 15, 2021
Already during today’s trading, the largest altcoin ether (ETH) can break the psychological mark of $ 2500. On Thursday morning, April 15, the ETH rate on the Binance exchange jumped to $ 2,480. Cryptocurrency capitalization at the time of publication of this review…
Cryptocurrency

Grayscale Crypto Funds Already Have Over $ 50 Billion

Alen Woid
By
April 15, 2021
The total volume of assets in cryptocurrency funds of Grayscale Investments has reached $ 50.6 billion. 04/14/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products. Total AUM: $ 50.6 billion$ BTC $ BCH $ ETH $ ETC $ ZEN $ LTC $ XLM $ ZEC $ BAT $ LINK $ MANA $ FIL $ LPT pic.twitter.com/J87GOBPCBg – Grayscale (@Grayscale) April 14…
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