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The recognition of bitcoin as a legal tender in El Salvador will create additional problems for the country. The investment bank JPMorgan said in a report that the financial system of the Latin American state, which already functions intermittently, will face difficulties. The influence of the cryptosphere in El Salvador is minimal, so the rapid…
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A project from the decentralized finance space ChainSwap (ASAP) has lost several million in cryptocurrency due to a critical vulnerability in its smart contract. The developers urged users not to buy the tokens they created, since in return they intend to…
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The weakening of transaction activity on the bitcoin network has led to a sharp drop in average fees.
The operating fee is currently $ 3.77, according to BitinfoCharts. Note that in the second half of April, the commission reached $ 62.77.
Below $ 4 Bitcoin fees…
The number of active addresses on the Binance Chain network grew by 2000% in six months
July 11, 2021
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Back in March, the DappRadar team drew attention to the sharp increase in the attractiveness of the Binance Chain network among blockchain application developers. Moreover, Binance Chain even surpassed Ethereum in terms of the number of daily transactions (1.607 million versus 1.21 million in February 2021). Last week, DappRadar analysts released a…
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In early June, El Salvador’s parliament passed a bill recognizing bitcoin as a legal tender in the country. Now Paraguay may follow the same path. On July 14, a document will be submitted to the local legislative body…
The pandemic has accelerated the work on the creation of tokens of central banks
July 11, 2021
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The COVID-19 pandemic has forced many states to accelerate efforts to create a national digital currency (CBDC). A study by Guardtime notes that central banks’ activities to launch their tokens have accelerated by about…
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The weakening of transaction activity on the bitcoin network has led to a sharp drop in average fees. The operating fee is now $ 3.92, according to BitinfoCharts. Note that in the second half of April, the commission reached $ 62.77. Below $ 4 Bitcoin fees were at the end of December last year. The previous maximum for commissions was recorded in…
In June, the interest of Internet users in crypto-exchanges sharply decreased
July 11, 2021
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The June web traffic of cryptocurrency exchanges saw the biggest drop since January 2021. As The Block clarifies, the interest of Internet users in sites has dramatically weakened due to the fall of bitcoin and other…
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The situation in the cryptocurrency market is now very precarious, and in the near future, Bitcoin will start losing ground again. This forecast in an interview with CNBC TV channel was expressed by the head of the board of…
The Fed commented on the explosive growth of the crypto market in the spring of 2021
July 11, 2021
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The US Federal Reserve has drawn attention to the aggressive growth of the cryptocurrency market in the spring months of 2021. As Bloomberg clarifies. the regulator linked the rally in bitcoin and other digital currencies with a surge in investor interest in risky assets. The agency notes that the Federal Reserve for the first time openly…
