Best Crypto Traders Official

2022-07-12 10:08:47 • The United States urged Japan to stop mining cryptocurrency in Russia
The United States called on Japan to increase pressure on the country's cryptocurrency exchanges and miners in order to sever ties with Russia. According to sources familiar with the situation, a request from US diplomats was sent to several Japanese crypto exchanges that are still operating in Russia.

•The capitalization of the crypto market returned to $1 trillion thanks to BTC
Cryptocurrency market capitalization returned to the $1 trillion mark again on the back of recovery from the recession, when the largest digital token - BTC - exceeded $22,000 for the first time since mid-June.

•Introduction of zero trading fees on Binance
From July 8, the Binance cryptocurrency exchange introduces zero commissions for trading 13 pairs.
The platform announced the cancellation of fees in honor of the celebration of the 5th anniversary of the first cancellation of the fee for BTC trading. Pairs such as BTC/USDT, BTC/BUSD, BTC/USDC, BTC/EUR, BTC/TRY and others will be available for free trading. The new rules will apply worldwide Open / Comment

2022-07-05 11:14:46 •The 000.eth domain was sold for over $300,000
On Sunday, July 3, an unknown owner of the 000.eth domain sold it for 300 ETH (about $316,000). The transaction took place on the OpenSea marketplace.
The collection of the new owner now has at least three domains of the Ethereum Name Servise (ENS) system:
•000.eth;
•samanatha.eth;
•samanatha-000.eth.

•Meta closes Novi digital wallet
Meta Corporation abandoned the full-scale launch of the Novi digital wallet and announced the closure of the project after the completion of pilot testing on September 1, 2022.

•Changpeng Zhao: Binance is in "rescue talks" for over 50 companies
Cryptocurrency exchange Binance intends to help industry participants who are experiencing a “slight liquidity shortage” and is in talks with more than 50 companies. The head of the platform, Changpeng Zhao, spoke about this in the Bankless podcast. Open / Comment

2022-07-01 10:00:06 ​​•Polkadot modernizes the management structure
The Polkadot team will change the governance structure to increase the decentralization and throughput of the decision-making system. This was reported to ForkLog by representatives of the project.
The new Gov2 model is designed to address the shortcomings inherent in the current governance model.

•Mining company of a Ukrainian businessman will open activities in the USA
Mining firm White Rock Management, owned by Ukrainian entrepreneur Sergey Tron, has announced the deployment of its first cryptocurrency mining operation in the United States.

•BlockFi licensed in Iowa
Cryptolending platform BlockFi received a license to provide financial services in the state of Iowa (USA). Open / Comment

2022-06-28 10:18:49 •Yuga Labs filed a lawsuit against the creator of "fake" BAYC tokens

The creators of the Bored Ape Yacht Club (BAYC) NFT collection have filed a lawsuit against artist Ryder Ripps. Yuga Labs accused him of issuing and selling "fake" tokens that "devalue" original works.

•In the Lido community, they proposed to limit the share of the protocol in staking Ethereum 2.0

The decentralized organization behind the development of the Lido Finance project initiated a vote to limit the share of the protocol in the Ethereum 2.0 staking pool.

Lido Finance is a service for liquid staking of cryptocurrencies. The protocol allows you to deposit coins in a relevant contract and receive in return the amount of “derivative” tokens that can be used in DeFi services.

•Morgan Creek Digital plans to buy a majority stake in BlockFi

Morgan Creek Digital is seeking to raise $250 million from investors to acquire a majority stake in blockchain platform BlockFi.
Yusko believes that if FTX decides to take over the platform after extending the credit line, only the largest investors in BlockFi's latest funding round will get at least some of their money back.
Morgan Creek, which has participated in several investment rounds, will be in a difficult position, he explained. Open / Comment

2022-06-24 11:45:41 ​​The Fed raised the key rate. Bitcoin and Ethereum reacted with growth

Following the meeting on June 14-15, the US Federal Reserve System (FRS) increased the range of the key rate by 75 basis points at once - to the level of 1.5-1.75%. This is the first time since 1994 that the regulator has carried out such a sharp increase in the indicator.
At a press conference following the FOMC meeting, Fed Chairman Jerome Powell said that in July the rate could be raised by another 0.5% -0.75%.

Nassim Taleb called bitcoin a "gold mine" for lawyers

Philosopher and author of the cult work "The Black Swan" Nassim Taleb said that regulatory uncertainty in the cryptocurrency market creates ground for civil suits. Open / Comment

2022-06-21 10:23:50 ​​•The President of El Salvador advised not to worry about the fall in the price of bitcoin
President of El Salvador Nayib Bukele advised bitcoin investors not to worry about the quotes of the first cryptocurrency. According to him, investments in digital gold will grow “immeasurably” after the end of the bearish cycle.

•Sam Bankman-Fried talked about the role of Alameda Research in supporting the industry in a downturn
Alameda Research is making efforts to mitigate the negative phenomena in the cryptocurrency market due to the problems of Celsius and Three Arrows Capital. This was stated by its head Sam Bankman-Fried.

•Changpeng Zhao denied information about Binance buying more than 100,000 BTC at a depreciation
The CEO of the Binance exchange, Changpeng Zhao, said that the information about the purchase of 101,266 BTC by the exchange is not true. Open / Comment

2022-06-17 10:00:16 ​​The Fed raised the key rate. Bitcoin and Ethereum reacted with growth
Following the meeting on June 14-15, the US Federal Reserve System (FRS) increased the range of the key rate by 75 basis points at once - to the level of 1.5-1.75%. This is the first time since 1994 that the regulator has carried out such a sharp increase in the indicator.
At a press conference following the FOMC meeting, Fed Chairman Jerome Powell said that in July the rate could be raised by another 0.5% -0.75%.

Nassim Taleb called bitcoin a "gold mine" for lawyers
Philosopher and author of the cult work "The Black Swan" Nassim Taleb said that regulatory uncertainty in the cryptocurrency market creates ground for civil suits. Open / Comment

2022-06-14 11:47:37 Open / Comment

2022-06-14 11:47:37 •Lithuania will tighten regulation of the cryptocurrency market
The Lithuanian government has approved a bill tightening the regulation of the cryptocurrency sector due to the high risks of operations in this area and a sharp increase in the number of companies operating there, especially from Estonia, reports BNS.

•Cryptocurrency sector fell after the scandal with Binance
According to Bloomberg, crypto exchange Binance may have violated securities regulations when it launched its BNB token as part of an initial cryptocurrency offering (ICO) 5 years ago. Commission investigators need to find out whether the initial placement of the currency at that time was tantamount to selling a security, that is, whether Binance should have registered it with the SEC.

•Jack Dorsey's company introduced the concept of the Web5 web platform
The structural division of Jack Dorsey's Block company - TBD - introduced the concept of a decentralized open source platform Web5. According to the developers, the project will give users full control over their personal data and digital identities. Open / Comment

2022-06-10 10:00:09 ​​•Forbes: almost 30% of billionaires invest in cryptocurrencies

American Forbes polled 65 "richest people in the world" and found that almost 30% of them invest in crypto assets.
The publication indicated that this figure is higher than that of investors who do not have a billion-dollar fortune.

•Bitcoin mining difficulty up after falling in May
On June 8, as a result of another recalculation, the difficulty of mining the first cryptocurrency increased by 1.29% to 30.28 T. The indicator remains below the historical maximum reached in May 2022.

•Ministry of Internal Affairs agreed on a mechanism for the arrest and storage of confiscated cryptocurrencies

The Ministry of Internal Affairs of Russia has agreed on finalized bills on digital currency, which, in particular, involve the arrest of digital assets by court order, as well as the creation of an electronic wallet for confiscated assets, RIA Novosti was told in the press center of the ministry.

"The Ministry of Internal Affairs of the Russian Federation reviewed and agreed upon the draft federal laws "On Digital Currency" and "On Amendments to Certain Legislative Acts of the Russian Federation in connection with the adoption of the federal law "On Digital Currency," the department said. Open / Comment